BOSTON, July 8 (Korea Bizwire) — Following its successful emergence from Chapter 11, leading subsea cable systems operator Seaborn, today announced the appointments of board members Pete Hayes and Don Shassian, as Interim CEO and Interim CFO, respectively. “We are excited about the future and sincerely thank all of our employees, customers, providers and other [...]
BOSTON, July 8 (Korea Bizwire) – Emergence from Chapter 11 At a hearing on June 30, 2020, the U.S. Bankruptcy Court for the Southern District of New York confirmed the joint Plan of Reorganization (the “Plan”) of Seabras 1 USA, LLC and Seabras 1 Bermuda Ltd. (the “Companies”). On that same day, the Companies consummated [...]
CHAMPFROMIER, FRANCE, June 30 (Korea Bizwire) – Fine particle emissions during automotive vehicle braking are six times higher than exhaust emissions from a catalytic converter . AKWEL has formed a partnership with Tallano Technologie, which has developed and patented the TAMIC® solution, a system for collecting harmful micro-particles emitted during vehicle braking, reducing particle emissions by [...]
JASPER, Ind., June 30 (Korea Bizwire) — Kimball Electronics, Inc. (NASDAQ: KE), (the “Company”), today announced two new internal promotions conducive to the Company accelerating its strategic growth plans. Effective July 1, 2020, Steve Korn has been promoted to the newly-created position of President of Global Electronics Manufacturing Services (EMS) Operations, and Lee Kemper has [...]
HONG KONG, CHINA, June 24 (Korea Bizwire) – Southco, Inc., a global leader in engineered access solutions, is pleased to announce the relaunch of its completely redesigned and refreshed website, southco.com. Through this launch, Southco is delivering an improved user experience to its customer base, enabling mechanical engineers to find solutions to their design challenges [...]
London, June 23 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has priced $600 million in aggregate principal amount of 1.950% notes due 2023, with an issue price of 99.370%. The offering is expected to close on July 2, 2020, subject [...]
London, June 16 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that on June 15, 2020, Fitch Ratings (“Fitch”) affirmed CNH Industrial N.V.’s and CNH Industrial Capital LLC’s Long-Term Issuer Default Ratings at ‘BBB-’ and changed the Outlook from Positive to Stable. CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader [...]
EDMONTON, Alberta, June 11 (Korea Bizwire) – Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), a global commercial manufacturer of high quality cannabinoid-based ingredients, formulations and products, announces that its recently launched bioU branded products are now available through Medical Cannabis by Shoppers, a subsidiary of Shoppers Drug Mart Inc. The bioU brand [...]
GHENT, Belgium and RESEARCH TRIANGLE PARK, N.C., June 9 (Korea Bizwire) – Biotalys NV, a transformative food and crop protection company, today announced the expansion of its executive team and establishment of its new U.S. headquarters for Biotalys, Inc., which will be located in Research Triangle Park, North Carolina. Appointing Diego Angelo to the newly created [...]
HUDSON, N.H., June 4 (Korea Bizwire) — GT Advanced Technologies Inc. (“GTAT”, “Company”) is pleased to announce the appointment of Mr. Bob Krysiak to its Board of Directors, effective immediately. Mr. Krysiak has more than 30 years of experience at STMicroelectronics (“ST”), a major semiconductor company and a leading supplier of silicon carbide “SiC” devices. [...]