Witham Third District IDB

Forward Air Corporation Provides Omni Transaction Update

Retrieved on: 
Thursday, October 26, 2023
Trucking, Transport, Logistics, Supply Chain Management, Other Transport, Omni, TRO, Vii, Xi, Tripura Merger Agreement, Witham Third District IDB, EBITDA, Ix, Risk, Plan, Annual report, Agreement, Sumathi Best Television Current Reporting Award, Transaction, Security (finance), Mergers and acquisitions, Forward

Notwithstanding the dissolution of the TRO, Forward believes that Omni has not complied with certain of its obligations under Sections 7.03 and 7.14 of the Merger Agreement.

Key Points: 
  • Notwithstanding the dissolution of the TRO, Forward believes that Omni has not complied with certain of its obligations under Sections 7.03 and 7.14 of the Merger Agreement.
  • Consequently, Forward believes the closing condition contained in Section 8.02(b) of the Merger Agreement will not be satisfied at the anticipated closing of the transactions under the Merger Agreement, and Forward will not be obligated to close.
  • As a result, Forward is considering its rights and obligations under the Merger Agreement, including potentially exercising its right to terminate the Merger Agreement.
  • In connection with these updates, Forward is withdrawing its previous 2024 target for adjusted EBITDA for the combined company and any other related targets.

Electric Hydrogen Announces Gigafactory in Devens, Massachusetts to Enable Ultra Low-Cost Green Hydrogen Production

Retrieved on: 
Thursday, May 4, 2023
Environment, Utilities, Manufacturing, Alternative Energy, Energy, Other Manufacturing, Hydrogen, Incubator, Electricity, History, Inflation, Climate change, Witham Third District IDB, Investment, Economic development, Water, Growth, Climate, Inflation Reduction Act of 2022, Renewable energy

Electric Hydrogen Co. (“EH2”), a manufacturer of advanced, industrial-scale hydrogen electrolyzer technology, announced today the location of its first factory in Devens, Massachusetts.

Key Points: 
  • Electric Hydrogen Co. (“EH2”), a manufacturer of advanced, industrial-scale hydrogen electrolyzer technology, announced today the location of its first factory in Devens, Massachusetts.
  • The company has leased a newly constructed 187,000 ft2 facility and is now hiring production team members.
  • The Devens factory will have an annual manufacturing capacity of 1.2GW with production of EH2’s 100MW green hydrogen electrolyzers commencing in Q1 2024.
  • Electric Hydrogen expects its technology to establish the standard for industry-wide cost reduction to make green hydrogen cheaper than fossil alternatives.

Nexamp Expands, Adds Clean Energy Jobs with New Office and National Operations Center in Lawrence, Massachusetts

Retrieved on: 
Monday, April 17, 2023
Workforce, Maintenance, Everett Mills, Control, Energy, Climate change, Acquisition, Witham Third District IDB, City, Commonwealth, Interstate Commerce Committee, Renewable energy, Management

Nexamp is adding to its national footprint and creating much-needed clean energy workforce opportunities.

Key Points: 
  • Nexamp is adding to its national footprint and creating much-needed clean energy workforce opportunities.
  • The expansive 8,000-square-foot space is an exciting development and will bring rewarding career opportunities to one of the Commonwealth's gateway cities.
  • The team in the Nexamp Operations Center oversees all of the company's distributed energy assets nationwide, monitoring performance, dispatching clean energy, and ensuring market and regulatory compliance.
  • "I'm thrilled to welcome Nexamp as the latest clean energy addition to the Third District.

Eight more Clean Power Alliance Communities Choose 100% Green Power as their primary energy option to create a healthier and more sustainable future

Retrieved on: 
Monday, October 24, 2022
City, Electricity, Green Power, Goal, Supervisor, Health, Wind, CPA, Environment, Los Angeles County Board of Supervisors, Climate change, Witham Third District IDB, Renewable energy, California's 38th congressional district, Lean, Green

LOS ANGELES, Oct. 24, 2022 /PRNewswire-PRWeb/ -- Seven cities and one county within Clean Power Alliance's (CPA) service territory have chosen 100% Green Power as their default energy option this fall, making their communities and Southern California cleaner, healthier, and more resilient. CPA leads the nation in serving the most customers with 100% renewable energy.

Key Points: 
  • As a not-for-profit clean energy provider, CPA offers three default energy options to the many communities it serves: 100% Green (100% renewable energy), Clean (50% clean energy) and Lean (40% clean energy).
  • With the addition of this year's communities, 21 of the 32 communities CPA serves are now on 100% Green Power.
  • Renewable energy from wind, solar and geothermal sources create a more sustainable future, which is paramount in a stressed and unpredictable climate environment.
  • In 2019, 10 partner communities launched Clean Power Alliance service to their residents and businesses with 100% Green Power as the default energy option for customers.

BNSF to Build New Integrated Rail Complex in Barstow to Increase Supply Chain Efficiency Nationwide

Retrieved on: 
Saturday, October 1, 2022
Rail, Maritime, Transport, Logistics, Supply Chain Management, Congestion, Port, Safety, Inland Empire, Efficiency, Movement, Petroleum, Revolution, Port of Los Angeles, High, San Pedro Bay, Grain, High desert, BNSF Railway, Rail transport by country, Industry, Business, Investment, CEO, Â, Transport, Alameda Corridor, Food, Economic development, Multimedia, BNSF, Coal, Drink, Witham Third District IDB, Intermodal freight transport, Rail freight transport, Renewable energy

View the full release here: https://www.businesswire.com/news/home/20221001005031/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221001005031/en/
    The Barstow International Gateway will be an approximately 4,500-acre new integrated rail facility on the west side of Barstow, consisting of a rail yard, intermodal facility and warehouses for transloading freight from international containers to domestic containers.
  • Westbound freight will similarly be processed at the facility to more efficiently bring trains to the ports and other California terminals.
  • The significance of BNSFs investment to improve the supply chain here in California cannot be overstated.
  • Barstow International Gateway will be essential for modeling new and efficient ways to address supply chain issues that have impacted everyone over the past several years.

National Association of Chronic Disease Directors Impact Award Winners Announced

Retrieved on: 
Thursday, September 29, 2022
MPH, Territorial Support Group, New Mexico Department of Health, Center, Annual business survey (UK), Division, South Carolina Department of Health and Environmental Control, Health equity, Michigan Department of Health and Human Services, Heating, ventilation, and air conditioning, Light, City, CEO, Digital Impact Awards Africa, Telemedicine and Advanced Technology Research Center (United States Army), Population, CDC, Human services, Rising Star Award, Director, Chronic condition, Employee benefits, Health policy, Witham Third District IDB, Pharmaceutical industry, Management, Film, Academy, Achievement, Diabetes, Health

"The Impact Award winners and their work are an inspiration to all of NACDD Members to continue their dedication and hard work preventing disease and promoting health," said NACDD CEO John Robitscher , MPH.

Key Points: 
  • "The Impact Award winners and their work are an inspiration to all of NACDD Members to continue their dedication and hard work preventing disease and promoting health," said NACDD CEO John Robitscher , MPH.
  • Health Equity Champion (Chronic Disease Unit):MiRACE (Michigan Real Adaptive Changes to Equity) and MEAT (Michigan Equity Action) Teamswithin theDivision of Chronic Disease and Injury Control at the Michigan Department of Health and Human Services.
  • NACDD appreciated that its Impact Award winners were announced in-person at the Annual Business Meeting during our recent Chronic Disease Academy in Chicago.
  • Learn more about the Impact Award winners, Chronic Disease Academy, and moreat chronicdisease.org

Built in Arkansas: LMXT Strategic Tanker Boom Refueling System to be Produced in Western Arkansas

Retrieved on: 
Wednesday, May 18, 2022
Air force, Lockheed Martin, United States Air Force, Witham Third District IDB, Lockheed Martin F-35 Lightning II, United, Southeastern United States, United States Air Force Plant 42, Atmosphere of Earth, MRTT, Fire control, Airbus A320 family, News, Multimedia, Woman, Lockheed Martin C-130J Super Hercules, View, Knittel, LMT, Natural State, A220, A320, A330, MFC, Research, Workforce, Industry, U.S. Air Force Emergency Management, Freedom, Man, Lockheed Martin Missiles and Fire Control, Commerce, Museum of Black Arkansans and Performing Arts Center, Twitter, NYSE, KC-Y, Lockheed, CEO, Airline, Jet fuel, Weapon, Online shopping, U.S.A, Airbus

BETHESDA, Md., May 18, 2022 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Airbus leaders announced today the aerial refueling boom system for the LMXT strategic tanker aircraft will be manufactured by Airbus in western Arkansas. Introduced in September 2021, the LMXT is Lockheed Martin's offering for the U.S. Air Force's KC-Y strategic tanker program.

Key Points: 
  • "Given the undisputed importance of the U.S. Air Force's strategic refueling mission, ensuring the LMXT is equipped with critical and relevant technologies for its refueling system is of paramount importance.
  • The LMXT is built on the combat-proven design of theAirbus A330 Multi Role Tanker Transport (MRTT),which is the strategic tanking choice of 14 nations around the world.
  • Offering several distinct U.S. Air Force-only capabilities designed to meet operator requirements, the LMXT offers advantages likean established fly-by-wire aerial refueling boom.
  • "We are excited to continue expanding our U.S. footprint by partnering with the state of Arkansas to create the LMXT refueling boom production site and center of excellence.