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Archive by category Manufacturing

SmileDirectClub Shares Update in Response to COVID-19 Outbreak

NASHVILLE, Tenn., April 3 (Korea Bizwire) – SmileDirectClub, the industry pioneer and first direct-to-consumer medtech platform for teeth straightening, today announced the company will extend its SmileShop closures until at least May 3, 2020. The extended closure of SmileShops in all markets except Hong Kong will allow SmileDirectClub to ensure the health and safety of its Team Members and customers amid the global pandemic. SmileDirectClub continues to offer existing [...]

TEI Group Announces Equity Partnership with Analogue Holdings Limited

NEW YORK, April 3 (Korea Bizwire) — Transel Elevator & Electric, Inc., d/b/a TEI Group, the largest independently owned and operated vertical transportation company serving the New York tristate area, is pleased to announce that Analogue Holdings Limited (HKG:1977), a leading electrical and mechanical engineering service provider in Hong Kong with substantial operations in Macau and [...]

Radient Technologies Inc. Receives TSXV Approval to Extend Warrants

EDMONTON, Alberta, April 2 (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 it has received the approval from the TSX Venture Exchange (the “TSXV”) to extend the term of 1,070,712 warrants originally scheduled to expire on [...]

Align Technology Completes Acquisition of exocad, a Global Dental CAD/CAM Software Leader

SAN JOSE, Calif. and DARMSTADT, Germany, April 2 (Korea Bizwire) — Align Technology, Inc. (Align) (Nasdaq: ALGN) today announced that it has completed the acquisition of privately-held exocad Global Holdings GmbH (exocad), a global leader in the dental CAD/CAM software market that offers fully integrated workflows to dental labs and dental practices via a broad [...]

Radient Technologies Inc. Applies to Extend Warrants

EDMONTON, Alberta, March 31 (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, has applied to the TSX Venture Exchange (the “TSXV”) to extend the term of 1,070,712 warrants originally scheduled to expire on April 14, 2020 (the “Warrants”) [...]

Conagen Receives a Strategic Investment from Sumitomo Chemical

Bedford, Mass., March 31 (Korea Bizwire) — Greater Boston-based biotech Conagen has received a strategic investment from Sumitomo Chemical, global chemical company in Japan. The investment will accelerate Conagen’s synthetic biology research and development contributing to a clean and sustainable planet. Both Sumitomo Chemical and Conagen share a vision of bio-designing and introducing sustainable green chemicals to the market for reducing [...]

Align Technology Foundation Commits US$ 1 Million Donation for COVID-19 Relief Efforts

SAN JOSE, Calif., March 26 (Korea Bizwire) — Align Technology, Inc. (NASDAQ: ALGN) today announced that the Align Foundation, the Company’s donor-advised fund through Fidelity Charitable, has pledged to donate US$1 million to support COVID-19 relief efforts globally. Align will also donate personal protective equipment (PPE) such as N95 masks and is working with partners to [...]

Koch Engineered Solutions Acquires Sentient Energy in Initial Step Toward Building an Intelligent Electric Grid Platform

WICHITA, Kan., March 26 (Korea Bizwire) — Koch Engineered Solutions (KES), a unit of Koch Industries Inc., today announced it has acquired Sentient Energy. Sentient Energy is a leader in distribution grid transformation, providing intelligent line sensors and grid analytics software for fault detection, outage prevention, and safe, reliable power delivery. “The acquisition of Sentient [...]

Clarification Following Request from Borsa Italiana, the Italian Stock Exchange

London, March 24 (Korea Bizwire) - In response to a request from Borsa Italiana (the Italian Stock Exchange), CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) confirms that Hubertus Mühlhäuser resigned as CEO of CNH Industrial to pursue other interests. While Mr. Mühlhäuser offered to assist the Company while it searched for a successor, the Board [...]

CNH Industrial Names Chair Suzanne Heywood as Acting Chief Executive Officer – Process to Identify New Permanent CEO to Begin Immediately – Oddone Incisa Appointed as Chief Financial Officer

London, March 23 (Korea Bizwire) - The Board of CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that it has appointed Suzanne Heywood as Acting Chief Executive Officer, in addition to her role as Chair of the Board, to lead the business through this current unprecedented period and until a new permanent CEO has been [...]