The Michigan Strategic Fund board on Wednesday approved a $200 million state grant and other incentives for Novi-based Our Next Energy or ONE to invest $1.6 billion on a battery manufacturing plant in Van Buren Township. The project is expected to create 2,112 new jobs. The $1.6 billion investment by ONE may include up to… Continue reading EV battery maker nets $236.6M in tax incentives for Wayne County plant
Category: Automotive
Final call for dealers to attend EV Retail Summit, Birmingham, Thursday 6 October
Dealers are lining up for the EV Retailing Summit taking place at the Eastside Rooms, Birmingham tomorrow. Vertu, Inchcape, Allen Ford and Perrys are among the dealer groups taking part in the event, which is free to attend for dealers. In the session on motor finance and EVs Andy Muir, head of sales at Mann… Continue reading Final call for dealers to attend EV Retail Summit, Birmingham, Thursday 6 October
El Kiddo: Meet the two female Kazakhstan entrepreneurs who want your children to love the mountains
ALMATY, Kazakhstan, Oct. 5, 2022 /PRNewswire/ — El Kiddo, the company created by Ardak Mukhamadiyeva and Victoria Makarova, two female entrepreneurs from Kazakhstan, is changing the concept of Kids’ and Parents’ nature education in Central Asia. Their new, groundbreaking educational strategy concentrates on providing a safe and nurturing environment for children to learn and grow while… Continue reading El Kiddo: Meet the two female Kazakhstan entrepreneurs who want your children to love the mountains
Offshore Support Vessel Global Market to Reach $29.71 Billion by 2026 at a CAGR of 5.3%
DUBLIN, Oct. 5, 2022 /PRNewswire/ — The “Offshore Support Vessel Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering. The global offshore support vessel market is expected to grow from $22.17 billion in 2021 to $24.12 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The offshore support vessel market… Continue reading Offshore Support Vessel Global Market to Reach $29.71 Billion by 2026 at a CAGR of 5.3%
Marine Products Corporation Announces Date for Third Quarter 2022 Financial Results and Conference Call
ATLANTA, Oct. 5, 2022 /PRNewswire/ — Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the third quarter ended September 30, 2022 on Wednesday, October 26, 2022 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company’s financial… Continue reading Marine Products Corporation Announces Date for Third Quarter 2022 Financial Results and Conference Call
IGT Wins 10-Year Scratch Ticket Manufacturing Contract with the Texas Lottery Commission
LONDON, Oct. 5, 2022 /PRNewswire/ — International Game Technology PLC (“IGT”) (NYSE: IGT) announced today that its subsidiary, IGT Global Solutions Corporation, has signed a new 10-year scratch ticket printing and services contract with the Texas Lottery Commission (“Texas Lottery”). Following a competitive procurement, IGT was awarded the printing contract to provide scratch ticket content… Continue reading IGT Wins 10-Year Scratch Ticket Manufacturing Contract with the Texas Lottery Commission
ASUR Announces Total Passenger Traffic for September 2022
Compared to September 2019, passenger traffic increased by, 34.8% in Colombia, 30.3% in Mexico and 10.0% in Puerto Rico MEXICO CITY, Oct. 5, 2022 /PRNewswire/ — Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR), ASUR, a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced that passenger traffic… Continue reading ASUR Announces Total Passenger Traffic for September 2022
NICKELODEON HOTELS & RESORTS RIVIERA MAYA RECEIVES BACK-TO-BACK PRESTIGIOUS AWARDS
MIAMI, Oct. 5, 2022 /PRNewswire/ — Karisma Hotels & Resorts and Grupo Lomas are honored to announce two awards for Nickelodeon Hotels & Resorts Riviera Maya and Aqua Nick, the Leading Edge Award and the prestigious AAA Four Diamond Award. The Leading Edge Award, was given to Grupo Lomas and Karisma Hotels & Resorts in partnership with Paramount… Continue reading NICKELODEON HOTELS & RESORTS RIVIERA MAYA RECEIVES BACK-TO-BACK PRESTIGIOUS AWARDS
Driven Brands Closes $365 Million Securitization Issuance
CHARLOTTE, N.C., Oct. 5, 2022 /PRNewswire/ — Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”) announced today that it has closed an offering by certain of its subsidiaries for $365 million Series 2022-1 Fixed Rate Senior Secured Notes, Class A-2 (the “Notes”) maturing October 2027, increasing the offering by over 30 percent.… Continue reading Driven Brands Closes $365 Million Securitization Issuance
September plate change sees first growth for British van market in 2022
The UK’s light commercial vehicle (LCV) market rises 10.8% in September, marking the first month of growth in 2022. Delivery of medium and large vans drives uplift, while battery electric vehicle (BEV) uptake continues to rise, up 70.0%, representing 4.4% of the market. Long-term measures that shore up operator confidence amid wider economic uncertainty are… Continue reading September plate change sees first growth for British van market in 2022