Henry Crown

Alterra Mountain Company to Acquire Mike Wiegele Helicopter Skiing in British Columbia

Retrieved on: 
Wednesday, October 11, 2023

Today, Alterra Mountain Company announced its intention to purchase Mike Wiegele Helicopter Skiing (MWHS) in Blue River, British Columbia, Canada.

Key Points: 
  • Today, Alterra Mountain Company announced its intention to purchase Mike Wiegele Helicopter Skiing (MWHS) in Blue River, British Columbia, Canada.
  • “Mike Wiegele was a pioneer in the heli-ski world, and we are excited to add another premier heli-skiing operation to the Alterra family,” said Jared Smith, President & CEO of Alterra Mountain Company.
  • “Alterra Mountain Company is the ideal partner to celebrate and preserve the legacy that Mike Wiegele left behind,” said Elias Ortner, General Manager of Mike Wiegele Helicopter Skiing.
  • At each destination, Alterra Mountain Company leaders are empowered to be decisive, creative, and bold to retain each mountain’s authentic character.

Alterra Mountain Company to Acquire Schweitzer in Idaho

Retrieved on: 
Thursday, June 1, 2023

Alterra Mountain Company has announced that it has entered into an agreement to purchase Idaho’s Schweitzer , further expanding the company’s portfolio in the Pacific Northwest by joining Crystal Mountain in Washington.

Key Points: 
  • Alterra Mountain Company has announced that it has entered into an agreement to purchase Idaho’s Schweitzer , further expanding the company’s portfolio in the Pacific Northwest by joining Crystal Mountain in Washington.
  • “With an incredible mountain in one of the most beautiful settings in the country and a world-class operating team, Schweitzer has everything we look for in a destination,” said Jared Smith, President & CEO, Alterra Mountain Company.
  • Alterra Mountain Company mountain destinations are spread throughout six states and three Canadian provinces: Steamboat and Winter Park Resort in Colorado; Palisades Tahoe, Mammoth Mountain, June Mountain, Big Bear Mountain Resort and Snow Valley in California; Sugarbush and Stratton in Vermont; Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario; Crystal Mountain in Washington; Deer Valley Resort and Solitude Mountain Resort in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia.
  • In January 2018, Alterra Mountain Company introduced the Ikon Pass for winter 18/19, the premier ski and snowboard season pass.

Orange EV Continues to Set Records with Delivery of 500th Fully Electric, Heavy-Duty Truck

Retrieved on: 
Tuesday, October 25, 2022

KANSAS CITY, Mo., Oct. 25, 2022 /PRNewswire/ -- Orange EV, the electric vehicle (EV) industry-leading manufacturer with the most heavy duty zero-emission trucks in operation in the United States, today announced the delivery of its 500th electric yard truck. Founded in 2012 and first deployed in 2015, Orange EV has deployed more yard trucks than all its competitors combined according to CALSTART, a non-profit dedicated to the growth of clean transportation technologies.

Key Points: 
  • The 500th Orange EV truck was purchased by United Natural Foods (NYSE: UNFI), the largest publicly traded wholesale distributor of health and specialty food in the United States and Canada.
  • The company is adding eight Orange EV trucks to its fleet within the next month.
  • With these additions, UNFI will have 10 Orange EV trucks operating in its U.S. fleet.
  • The data shows that yard trucks are one of the fastest converting truck types to fully electric, with Orange EV leading the way.

Orange EV Raises $35 Million to Scale EV Trucking Solutions

Retrieved on: 
Thursday, August 4, 2022

KANSAS CITY, Mo., Aug. 4, 2022 /PRNewswire/ -- Orange EV, the EV industry-leading manufacturer with the most heavy duty zero-emission trucks in operation in the United States, today announced it has closed a $35 million institutional funding round led by S2G Ventures and CCI, an affiliate of Henry Crown and Company, to support and accelerate the company's growth.

Key Points: 
  • Founded in 2012 in Riverside, Missouri, Orange EV was the country's first manufacturer to commercially deploy 100% electric Class 8 vehicles in 2015.
  • Now into its 2nd decade as an EV innovator, Orange EV continues to lead the industry with more than 450 heavy-duty electric yard trucks operating in 130 fleets across 28 states, Canada, and the Caribbean.
  • Orange EV trucks save companies money, are safer, 10x more reliable, and higher-rated by drivers and managers versus their diesel predecessors.
  • Cumulatively, Orange EV trucks have surpassed 5.8 million miles and 1.7 million duty hours.