International Business Machines Corp. v. Papermaster

Air Industries Group Receives Order for Landing Gear Components for the US Air Force B1-B Bomber

Retrieved on: 
Monday, January 31, 2022

Mr. Lou Melluzzo, CEO of Air Industries, commented: “This order is an important achievement. It is from a long established customer but is for an aircraft platform that has not been in Air Industries portfolio for some time. One of our goals in 2022 is to expand our product line. This order furthers that goal. During the first month of 2022 we have received and announced new orders or long-term agreements totaling more than $25 million -- an excellent start to the year.”

Key Points: 
  • The contract value is approximately $1.9 million with deliveries in 2023.
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: This order is an important achievement.
  • It is from a long established customer but is for an aircraft platform that has not been in Air Industries portfolio for some time.
  • Air Industries Group (NYSE American: AIRI) is an integrated manufacturer of precision assemblies and components for leading aerospace and defense prime contractors and original equipment manufacturers.

Air Industries Group Wins Two Long-Term Agreements for Flight Critical Components for Blackhawk Helicopters with Combined Value of $18.2 Million

Retrieved on: 
Wednesday, January 19, 2022

The agreements include a five-year LTA to manufacture the primary flight control assembly for the Blackhawk helicopter, with an estimated life-of-the-contract value of $9.9 million.

Key Points: 
  • The agreements include a five-year LTA to manufacture the primary flight control assembly for the Blackhawk helicopter, with an estimated life-of-the-contract value of $9.9 million.
  • The second five-year LTA, to produce a flight critical component for the same aircraft, has an estimated life-of-the-contract value of $8.3 million.
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: We are gratified to have won these two agreements to manufacture products whose flawless operation is critical for flight safety.
  • We are proud to say that both components have been manufactured by Air Industries for more than 20 years.

Simplilearn for Business Enters Latin America Region with a Goal to Up-skill 1 Million Professionals in Digital Skills: Looks for Strategic Partners to Expand in the Region

Retrieved on: 
Thursday, December 9, 2021

SAN FRANCISCO, Dec. 9, 2021 /PRNewswire/ -- Simplilearn, the world's #1 online boot camp for digital economy skills training, has seen rapid growth of its enterprise arm, Simplilearn for Business, over the last two years. Simplilearn for Business has seen accelerating adoption of its offerings globally and over 100% YOY growth that is on track to build a $100mn B2B revenue in the next 2-3 years. Simplilearn for Business is now expanding its focus beyond the core markets of the US, EU, and India; for Latin America, Simplilearn has three core focus areas:

Key Points: 
  • Simplilearn partners with over 400 enterprises globally to solve this in the US, EU, and India.
  • For enterprises, Simplilearn offers a scalable platform for live interactive workshops and bootcamps in digital skills.
  • If you are interested in potential partnership opportunities or seeking digital upskilling solutions for your organization, contact Simplilearn at [email protected] .
  • For businesses, Simplilearn offers products to power New hire Onboarding, Digital Transformation skill development and Leadership development.

CNL STRATEGIC CAPITAL ANNOUNCES OPERATING RESULTS FOR THIRD QUARTER OF 2021

Retrieved on: 
Thursday, November 18, 2021

On Nov. 1, 2021, the U.S. Securities and Exchange Commission declared CNL Strategic Capitals $1.1 billion follow-on offering effective.

Key Points: 
  • On Nov. 1, 2021, the U.S. Securities and Exchange Commission declared CNL Strategic Capitals $1.1 billion follow-on offering effective.
  • During the nine months ended Sept. 30, 2021, the Company did not receive expense support and accrued expense support reimbursement of $1,055,397.
  • The Company is externally managed by CNL Strategic Capital Management, LLC and Levine Leichtman Strategic Capital, LLC (LLSC).
  • Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond CNL Strategic Capitals control.

CNL STRATEGIC CAPITAL INVESTS IN DOUGLAS MACHINES CORP. IN PARTNERSHP WITH EXISTING MANAGEMENT

Retrieved on: 
Friday, October 8, 2021

Orlando, Fla. , Oct. 08, 2021 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC acquired a majority equity stake and made a concurrent debt investment in Douglas Machines Corp. in partnership with Douglas management.

Key Points: 
  • Orlando, Fla. , Oct. 08, 2021 (GLOBE NEWSWIRE) -- CNL Strategic Capital, LLC acquired a majority equity stake and made a concurrent debt investment in Douglas Machines Corp. in partnership with Douglas management.
  • The company is externally managed by CNL Strategic Capital Management, LLC and Levine Leichtman Strategic Capital, LLC (LLSC).
  • CNL Financial Group (CNL) is a private investment management firm providing real estate and alternative investments.
  • These statements are based on the beliefs and assumptions of CNL Strategic Capitals management and on the information currently available to management at the time of such statements.