NAPA

Altor Locks Partners With Genuine Parts Company to Distribute the ICON Trailer Lock

Retrieved on: 
星期三, 五月 29, 2024

The retail giant chose to offer the Altor ICON Trailer Lock because no other lock on the market keeps trailers safer.

Key Points: 
  • The retail giant chose to offer the Altor ICON Trailer Lock because no other lock on the market keeps trailers safer.
  • "We are thrilled and honored to work with Genuine Parts Company," said Larry Thomas, Altor Locks Chief Revenue Officer.
  • Established in 1928, Genuine Parts Company is a leading global service organization specializing in the distribution of automotive and industrial replacement parts.
  • The ICON Trailer Lock Review – Towing expert and influencer Mr. Truck called the ICON Trailer Lock "the best lock you can buy" after he "tests, tortures, and reviews" it.

The Duckhorn Portfolio Announces Enhanced Distribution Relationships with Republic National Distributing Company and Breakthru Beverage Group

Retrieved on: 
星期五, 五月 24, 2024

The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) announced today that it has entered into distribution agreements with Republic National Distributing Company (RNDC) and Breakthru Beverage Group (BBG).

Key Points: 
  • The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) announced today that it has entered into distribution agreements with Republic National Distributing Company (RNDC) and Breakthru Beverage Group (BBG).
  • It is expected that RNDC and BBG will begin distribution of Duckhorn’s wines in their respective new territories during the summer.
  • “As we have expanded our geographic commitment to RNDC and BBG, they have expanded their commitment to us.
  • We see many benefits of these enhanced relationships, not only for us and our distributors, but most importantly, for our retail customers and consumers.”

Beverage Industry Leader Dave Burwick Joins The Duckhorn Portfolio Board of Directors

Retrieved on: 
星期三, 五月 22, 2024

The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) today announced the appointment of Dave Burwick to its Board of Directors, effective May 21, 2024.

Key Points: 
  • The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) today announced the appointment of Dave Burwick to its Board of Directors, effective May 21, 2024.
  • Burwick brings over 30 years of beverage industry experience, most recently serving as President and Chief Executive Officer of The Boston Beer Company (NYSE: SAM), a leading alcoholic beverage company.
  • Burwick will serve as the chairperson of the Company’s Nominating and Corporate Governance Committee and as a member of the Company’s Audit Committee.
  • “Dave is an accomplished beverage executive with operational and strategic expertise that brings incremental value and perspective to The Duckhorn Portfolio Board,” said Deirdre Mahlan, President, CEO and Chairperson.

Community Bank System, Inc. Changes Corporate Name to Community Financial System, Inc.

Retrieved on: 
星期三, 五月 15, 2024

Community Bank System, Inc. (NYSE: CBU) (the “Company”), a diversified financial services holding company operating four complementary business units: Community Bank N.A., Benefit Plan Administrative Services, Inc. (“BPAS”), OneGroup NY, Inc. (“OneGroup”), and Wealth Management, announced that it has changed its corporate name to “Community Financial System, Inc.” (“Community Financial System”) effective as of today.

Key Points: 
  • Community Bank System, Inc. (NYSE: CBU) (the “Company”), a diversified financial services holding company operating four complementary business units: Community Bank N.A., Benefit Plan Administrative Services, Inc. (“BPAS”), OneGroup NY, Inc. (“OneGroup”), and Wealth Management, announced that it has changed its corporate name to “Community Financial System, Inc.” (“Community Financial System”) effective as of today.
  • The Company’s ticker symbol will not change and its common stock will start trading on the New York Stock Exchange as Community Financial System, Inc. on May 24, 2024.
  • “The new name – Community Financial System – allows us to emphasize the evolution of our capabilities, solutions and focus,” said Dimitar A. Karaivanov, President and CEO of the Company.
  • Bringing all of that under the new name, Community Financial System, underscores our mission and drives our inclusiveness as one company.”

Lumo Raises $7 Million from Active Impact and Fall Line Capital to Fund Research and Development and Rapid Go-to-Market Expansion

Retrieved on: 
星期二, 五月 14, 2024

NAPA COUNTY, Calif., May 14, 2024 /PRNewswire/ -- Lumo, a connected irrigation company that helps growers save time, money, and water with patented smart-valve technology, has raised a $7 million funding round from Active Impact Investments and Fall Line Capital .

Key Points: 
  • NAPA COUNTY, Calif., May 14, 2024 /PRNewswire/ -- Lumo, a connected irrigation company that helps growers save time, money, and water with patented smart-valve technology, has raised a $7 million funding round from Active Impact Investments and Fall Line Capital .
  • The funding will enable Lumo to continue investing in product research and development, and rapid go-to-market expansion, bringing truly accountable technology to every element of irrigation operations and delivering on Lumo's mission to help protect the future of farming.
  • "That wouldn't be possible without incredible venture capital partners like Active Impact and Fall Line Capital," added Wright.
  • For more information on Lumo's smart valve technology and how it's helping growers save time, money, and water, visit https://lumo.ag/

The Duckhorn Portfolio Appoints Interim CEO and Industry Veteran Deirdre Mahlan as President and Chief Executive Officer

Retrieved on: 
星期三, 五月 1, 2024

The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) today announced that Deirdre Mahlan has been appointed President, Chief Executive Officer and Chairperson, effective immediately.

Key Points: 
  • The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) today announced that Deirdre Mahlan has been appointed President, Chief Executive Officer and Chairperson, effective immediately.
  • Mahlan has been a member of The Duckhorn Portfolio, Inc. Board of Directors since March 2021.
  • Prior to that, Mahlan held positions of increasing responsibility in finance, including five years as CFO of Diageo plc.
  • Mahlan also serves on the boards of Kimberly-Clark Corporation, a consumer goods company, and Haleon plc, a healthcare goods company.

The Duckhorn Portfolio Closes Acquisition of Sonoma-Cutrer Vineyards

Retrieved on: 
星期三, 五月 1, 2024

The Duckhorn Portfolio has named two Brown-Forman executives to its Board of Directors, Marshall Farrer, Chief Strategic Growth Officer, and Tim Nall, Chief Global Supply Chain and Technology Officer.

Key Points: 
  • The Duckhorn Portfolio has named two Brown-Forman executives to its Board of Directors, Marshall Farrer, Chief Strategic Growth Officer, and Tim Nall, Chief Global Supply Chain and Technology Officer.
  • “We are thrilled to add the acclaimed Sonoma-Cutrer winery brand to our portfolio of luxury winery brands and welcome their talented team,” said Deirdre Mahlan, President, Chief Executive Officer and Chairperson of The Duckhorn Portfolio.
  • This acquisition bolsters The Duckhorn Portfolio by significantly elevating the Company’s position within the Chardonnay category, the number one domestic white varietal.
  • The acquisition terms allow the Company to maintain its current debt leverage ratio, affording the financial flexibility to drive future growth.

Brown-Forman Completes Sale of Sonoma-Cutrer Vineyards

Retrieved on: 
星期三, 五月 1, 2024

Brown-Forman (NYSE: BFA, BFB) announced today that it completed the sale of Sonoma-Cutrer Vineyards and related brand trademarks to The Duckhorn Portfolio, Inc. (NYSE: NAPA), a premier wine group, on April 30, 2024.

Key Points: 
  • Brown-Forman (NYSE: BFA, BFB) announced today that it completed the sale of Sonoma-Cutrer Vineyards and related brand trademarks to The Duckhorn Portfolio, Inc. (NYSE: NAPA), a premier wine group, on April 30, 2024.
  • In November 2023, Brown-Forman disclosed it had reached an agreement to sell the brand in exchange for an ownership percentage of approximately 21.5% in The Duckhorn Portfolio and $50 million USD.
  • As part of the agreement, The Duckhorn Portfolio has named two Brown-Forman executives to its Board of Directors, Marshall Farrer, Chief Strategic Growth Officer, and Tim Nall, Chief Global Supply Chain and Technology Officer.
  • Under the terms of the agreement, the Sonoma-Cutrer brand trademarks, facilities, and six vineyards in two appellations will join The Duckhorn Portfolio’s luxury wine brands.

Granite VP Joins NAPA Advisory Council

Retrieved on: 
星期四, 四月 18, 2024

Granite (NYSE:GVA) announced today that District Vice President Ian Firth has been appointed to the National Asphalt Pavement Association’s (NAPA) Advisory Council West Region as an at large member.

Key Points: 
  • Granite (NYSE:GVA) announced today that District Vice President Ian Firth has been appointed to the National Asphalt Pavement Association’s (NAPA) Advisory Council West Region as an at large member.
  • NAPA is the only national trade association representing the asphalt industry and works to advance the asphalt pavement industry through leadership, training, and advocacy.
  • The Advisory Council is charged with enhancing advocacy for the asphalt industry and supporting the active engagement of all the member companies.
  • As one of the only products that can be recycled again and again, asphalt has a significant role to play in a sustainable road system and Granite and NAPA are dedicated to the work and advocacy to maintain this resource into the future.”
    Ian will join the Advisory Council West Region at the NAPA mid-year meeting in Brooklyn, New York at the end of July.

Spectrum Investment Advisors Named to List of Nation's Top DC Advisor Teams

Retrieved on: 
星期二, 四月 23, 2024

ARLINGTON, Va., April 23, 2024 /PRNewswire/ -- Spectrum Investment Advisors has been named to the National Association of Plan Advisors' (NAPA) list of the nation's top defined contribution (DC) Advisor Teams with Assets under Advisement of at least $100 Million.

Key Points: 
  • ARLINGTON, Va., April 23, 2024 /PRNewswire/ -- Spectrum Investment Advisors has been named to the National Association of Plan Advisors' (NAPA) list of the nation's top defined contribution (DC) Advisor Teams with Assets under Advisement of at least $100 Million.
  • – Manuel Rosado, President of Spectrum Investment Advisors.
  • "The NAPA Top DC Advisor Teams are ranked by self-reported DC assets under advisement and highlight the positive impact they're making on the nation's private retirement system."
  • Sullivan added, "As the nation's voice for retirement plan advisors, we are once again pleased to highlight the contributions and commitment of these teams."