RM Announces the South Side Expansion to Develop Grid Innovation
Reinhausen Manufacturing (RM), a subsidiary of Maschinenfabrik Reinhausen (MR) based in Regensburg, Germany, has announced the South Side Expansion of its facility in Humboldt, Tennessee. This development marks another significant step in the company’s commitment to supporting the modernization of the aging U.S. power grid and meeting the increasing energy demands of critical sectors like […]
KKR Appoints General David Petraeus as Chairman with Middle East Presence
KKR, a leading global investment firm, has announced that it is expanding its presence in the Middle East including the appointment of General David Petraeus (US Army, Ret.) as Chairman of KKR Middle East and the establishment of a dedicated investment team in the region led by Julian Barratt-Due, a Managing Director at KKR. These […]
IFF Collaborates with FPU to Launch Citrus Innovation Center in Florida
IFF recently announced the opening of the Citrus Innovation Center in Lakeland, Florida, in partnership with Florida Polytechnic University (FPU). This 30,000 square foot facility encompasses state-of-the-art capabilities in botanical research leveraging its LMR by IFF natural ingredients expertise, processing, analytics, product creation for scent and taste, and includes a 360-degree digital immersion room. Designed with sustainability in […]
BWXT Unveils Innovation Campus to Boost Advanced Nuclear Technology
BWX Technologies, Inc. recently announced the opening of the BWXT Innovation Campus, a 170,000 square-foot facility that focuses on nuclear technology advancements for land, sea and space. The Lynchburg campus is home to BWXT’s Advanced Technologies business unit and its more than 350 team members. They will utilize its laboratories and workspaces to design, build […]
Tekion raises USD 200Mln from Dragoneer Investment Group
Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, yesterday announced that it has secured $200 million in growth equity capital from Dragoneer Investment Group. This financing round sets Tekion’s valuation above $4 billion. Tekion plans to invest the capital to expand its product offering for dealer partners and OEMs, accelerate […]
Hanesbrands boosts its alliance with Wipro to accelerate digital transformation.
Wipro Limited, a leading technology services and consulting company, has been chosen by Hanesbrands Inc., a global leader in iconic apparel brands, to further drive its digital transformation, business growth, and enhance long term profitability. Wipro has been a strategic partner for Hanesbrands over the years, working on several business and technology transformation programs. This […]
6th Middle East Retail & E-commerce Summit & Awards scheduled on 1st May 2024, Riyadh
Scribe Minds & Media is thrilled to announce the 6th Middle East Retail & Commerce Summit & Awards, scheduled on the 1st May 2024 at the Riyadh Marriott Hotel in Riyadh KSA. This one-day Summit promises to bring together industry thought leaders, innovators, and experts to explore the latest trends, challenges, and opportunities shaping the […]
Arab Afro Digital Payment Exhibit, Symposium Awards
Arab-Afro Digital Payment Exhibit, Symposium & Awards is a summit aimed at stimulating economic advancement and ingenuity. This event tackles the issues of the digital divide and restricted service access in remote regions, with a specific focus on the payment’s domain. The core theme of the event is “Adopting Superior Digital Payment Transformation Strategy.” A […]
Collins Aerospace announces partnership with Common Energy
Collins Aerospace, an RTX business, and Common Energy, a leading community solar provider, yesterday announced a partnership to support a portfolio of four new community solar projects across the greater Portland area. In aggregate, the projects have a capacity of 12 megawatts and will generate 17 million kilowatt hours of clean energy each year. Clean […]
SkyDrive inks a pre-order agreement with Bravo Air
SkyDrive Inc. (“SkyDrive”) a Japanese eVTOL aircraft (*1) manufacturer, and Bravo Air, a well-established private air charter service operator based in Augusta, GA, USA, have signed a letter of intent for the purchase of up to (5) “SD-05 “SKYDRIVE” (*2) aircraft. The agreement also includes the formation of a “Partnership” to conduct joint studies in […]
