MCGREGOR

Alto Ingredients, Inc. Reports First Quarter 2024 Results

Retrieved on: 
Monday, May 6, 2024

PEKIN, Ill., May 06, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the U.S., reported its financial results for the quarter ended March 31, 2024.

Key Points: 
  • PEKIN, Ill., May 06, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the U.S., reported its financial results for the quarter ended March 31, 2024.
  • For the first quarter of 2024, gross loss improved by $0.8 million, net loss improved by $1.4 million and Adjusted EBITDA improved by $3.4 million over the first quarter of 2023.
  • Our first quarter 2024 financial results benefited from improved crush margins and our efforts to increase essential ingredient returns and operating efficiencies.
  • Financial Results for the Three Months Ended March 31, 2024 Compared to 2023
    Net sales were $240.6 million, compared to $313.9 million.

Research: More than Half of Singapore’s Organisations Experienced 1-2 hours of Weekly Downtime Due to Fixed Line/ Fibre Network Failure Over the Last 12 months

Retrieved on: 
Sunday, April 14, 2024

Findings reveal that despite 62% of Singaporean organisations using cellular connectivity, fixed line/ fibre network failure has caused 57% of organisations to experience 1-2 hours of downtime per week.

Key Points: 
  • Findings reveal that despite 62% of Singaporean organisations using cellular connectivity, fixed line/ fibre network failure has caused 57% of organisations to experience 1-2 hours of downtime per week.
  • Alarmingly, 25% experienced 3-4 hours of downtime per week, due to fixed line/ fibre network failure over the last 12 months.
  • Fifty percent of organisations are also already using network edge solutions to enable in-vehicle connectivity, with another 47% looking to extend their network edge solution to include in-vehicle connectivity in the next 12-24 months.
  • The survey also found that more than two-thirds of Singapore’s organisations experienced a network security attack in the last 12 months.

Alto Ingredients, Inc. Appoints Todd E. Benton as Chief Operating Officer; Michael D. Kandris to Continue to Serve as Director

Retrieved on: 
Thursday, March 21, 2024

Kandris will continue to serve as a special advisor during a transition period ending with his retirement on June 20, 2024 and will remain on the board of directors.

Key Points: 
  • Kandris will continue to serve as a special advisor during a transition period ending with his retirement on June 20, 2024 and will remain on the board of directors.
  • The company has appointed Todd E. Benton to the position of Chief Operating Officer effective April 1, 2024.
  • “We thank Mike for his leadership, dedication and mentorship, and we look forward to his ongoing contributions as a continuing director completing another smooth management transition,” said McGregor.
  • As demands for low-carbon products rise, our upgraded facility will position the Pekin campus as a leading producer for the future.

Alto Ingredients, Inc. Reports Fourth Quarter and Year-end 2023 Results

Retrieved on: 
Monday, March 11, 2024

PEKIN, Ill., March 11, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the U.S., reported its financial results for the quarter and year ended December 31, 2023. For the fourth quarter of 2023, gross loss improved $18.8 million and Adjusted EBITDA improved $19.0 million over the fourth quarter of 2022. For the full year 2023, gross profit improved $43.2 million and Adjusted EBITDA improved $26.5 million over 2022.

Key Points: 
  • For the fourth quarter of 2023, gross loss improved $18.8 million and Adjusted EBITDA improved $19.0 million over the fourth quarter of 2022.
  • For the full year 2023, gross profit improved $43.2 million and Adjusted EBITDA improved $26.5 million over 2022.
  • Financial Results for the Three Months Ended December 31, 2023 Compared to 2022
    Net sales were $273.6 million, compared to $328.4 million.
  • Financial Results for the Year Ended December 31, 2023 Compared to 2022
    Net sales were $1,222.9 million, compared to $1,335.6 million.

GREAT AMERICAN MYSTERIES TO LAUNCH ON GREAT AMERICAN FAMILY

Retrieved on: 
Wednesday, February 28, 2024

NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Great American Family, the home of quality content celebrating family, faith, and country, announced it will soon launch GREAT AMERICAN MYSTERIES, mystery movie franchises which star some of the network's most beloved talent. Great American Family announced the first movie in Great American Mysteries inaugural launch is, "The Ainsley McGregor Mysteries: A Case for the Winemaker," starring Candace Cameron Bure ("Aurora Teagarden Mysteries," "My Christmas Hero") and Aaron Ashmore ("Ginny & Georgia"). "The Ainsley McGregor Mysteries: A Case for the Winemaker" is adapted from bestselling novelist Candace Havens' book of the same name. Great American Mysteries is the new home for a variety of thrilling whodunnits featuring beloved Great American Family stars and the network will announce more new original mystery movie series in the next few weeks.

Key Points: 
  • CANDACE CAMERON BURE STARS IN FIRST-EVER MYSTERY MOVIE FRANCHISE FOR GREAT AMERICAN MYSTERIES, 'THE AINSLEY MCGREGOR MYSTERIES: A CASE FOR THE WINEMAKER'
    NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Great American Family, the home of quality content celebrating family, faith, and country, announced it will soon launch GREAT AMERICAN MYSTERIES, mystery movie franchises which star some of the network's most beloved talent.
  • Great American Family announced the first movie in Great American Mysteries inaugural launch is, "The Ainsley McGregor Mysteries: A Case for the Winemaker," starring Candace Cameron Bure ("Aurora Teagarden Mysteries," "My Christmas Hero") and Aaron Ashmore ("Ginny & Georgia").
  • "The Ainsley McGregor Mysteries: A Case for the Winemaker" is adapted from bestselling novelist Candace Havens' book of the same name.
  • Great American Mysteries is the new home for a variety of thrilling whodunnits featuring beloved Great American Family stars and the network will announce more new original mystery movie series in the next few weeks.

zeroRISC, Nuvoton and Winbond Join Forces to Deliver the First Commercial Product Based on the OpenTitan® Open-Source Secure Silicon Platform

Retrieved on: 
Tuesday, February 13, 2024

This release is in conjunction with today’s historic announcement by lowRISC and the OpenTitan coalition as the first open-source silicon design to reach commercial availability.

Key Points: 
  • This release is in conjunction with today’s historic announcement by lowRISC and the OpenTitan coalition as the first open-source silicon design to reach commercial availability.
  • As such, truly trustworthy security must start below the OS with secure silicon like OpenTitan® and secure-by-design firmware.
  • Additionally, Winbond and zeroRISC are working closely to introduce the integrated OpenTitan SEE equipped with comprehensive support for secure external flash.
  • For more information about early access availability of the first open-source chip built on the OpenTitan secure silicon design, visit zerorisc.com/OT-interest .

CALCIVIS® to Launch Revolutionary New Bioluminescent Dental Imaging System in the US After Securing Final Stage Food and Drug Administration Pre-Market Approval (PMA)

Retrieved on: 
Thursday, January 18, 2024

The business filed a PMA supplement with the FDA for enhancements to its imaging system last year and the new ergonomic, wireless, handheld imaging device is now approved for commercialization.

Key Points: 
  • The business filed a PMA supplement with the FDA for enhancements to its imaging system last year and the new ergonomic, wireless, handheld imaging device is now approved for commercialization.
  • The two executives have extensive experience in the dental and medical device space.
  • The US roll out will begin with a limited release launch in the greater Boston area in early 2024.
  • An integrated intra-oral sensor within the Calcivis imaging device immediately detects the luminescence (light flash) and presents clinicians with a chairside demineralization map.

Harini Logan declared champion of the 2022 Scripps National Spelling Bee after first-ever spell-off

Retrieved on: 
Friday, June 3, 2022

CINCINNATI, June 3, 2022 /PRNewswire/ -- Harini Logan, a 14-year-old speller from San Antonio, Texas, is the champion of the 2022 Scripps National Spelling Bee in the competition's first-ever spell-off.

Key Points: 
  • CINCINNATI, June 3, 2022 /PRNewswire/ -- Harini Logan, a 14-year-old speller from San Antonio, Texas, is the champion of the 2022 Scripps National Spelling Bee in the competition's first-ever spell-off.
  • Scripps Company (NASDAQ: SSP), presented her with the championship trophy for the 94th Scripps National Spelling Bee.
  • The 94th Scripps National Spelling Bee took place at the Gaylord National Hotel and Convention Center in National Harbor, Maryland.
  • Scripps runs an award-winning investigative reporting newsroom in Washington, D.C., and is the longtime steward of the Scripps National Spelling Bee.

Messer to Meet Growing Demand with New Air Separation Unit in McGregor, Texas

Retrieved on: 
Tuesday, February 22, 2022

BRIDGEWATER, N.J., Feb. 22, 2022 /PRNewswire/ --Messer today announced an over $50 million investment to build a large-scale air separation unit (ASU) in McGregor, Texas.

Key Points: 
  • BRIDGEWATER, N.J., Feb. 22, 2022 /PRNewswire/ --Messer today announced an over $50 million investment to build a large-scale air separation unit (ASU) in McGregor, Texas.
  • It is the first Messer plant to be powered by a co-located renewable energy source, helping to reduce carbon footprint.
  • "With our expansion in Texas and the inclusion of solar energy, Messer is focused on sustainability and environmental protection," said Jens Luehring, President & CEO, Messer Americas.
  • Health and safety, sustainability practices and environmental protection are core Messer values that are embedded in the company's daily operations.

ENERGYneering Solutions Partners with TransTech Energy

Retrieved on: 
Wednesday, September 29, 2021

SISTERS, Ore., Sept. 29, 2021 /PRNewswire/ --Oregon based ENERGYneering Solutions, Inc. ("ESI"), a prominent technical services provider in the biogas industry, has partnered with TransTech Energy ("TransTech"),a leading provider of custom engineered and fabricated solutions for gas and liquids processing, storage, transfer and utilization across multiple industries, including a growing footprint in the Renewables space.

Key Points: 
  • SISTERS, Ore., Sept. 29, 2021 /PRNewswire/ --Oregon based ENERGYneering Solutions, Inc. ("ESI"), a prominent technical services provider in the biogas industry, has partnered with TransTech Energy ("TransTech"),a leading provider of custom engineered and fabricated solutions for gas and liquids processing, storage, transfer and utilization across multiple industries, including a growing footprint in the Renewables space.
  • ESI is well known for developing high quality solutions for biogas utilization including Renewable Natural Gas (RNG), Power Generation, Conversion, and Transportation.
  • "We're excited to welcome ENERGYneering to the TransTech family," saidGreg Ezzell, President of TransTech, "ESI's laser focus on delivering optimal facility lifecycle solutions sets it apart as the most innovative and entrepreneurial service provider in the space.
  • TransTech is a leading provider of custom engineered and fabricated solutions for gas and liquids processing, storage, transfer and utilization across a broad range of industries including Energy, Power, Renewables, Chemical, Petrochemical, Food & Beverage, Industrial Manufacturing, and others.