LS Cable & System Announces USD 50mn Investment for Industrial Operation in Tarboro

Bob Pike, President, Carolinas Gateway Partnership; Tate Mayo, Mayor of Tarboro; U.S. Congressman Don Davis; North Carolina Department of Commerce Secretary Lee Lilley; North Carolina Senator Kandie Smith; North Carolina State Representative Shelly Willingham; Gisu Kim, Regional President of North America, LS Cable & System, Ltd.; Bon-Kyu Koo, President & CEO of LS C&S; Sangho Lee, CFO of LS C&S; Hyun Chung, CEO of Gaon Cable; Taewon Son, CEO of LS Cable & System USA; Brian Hansoo Jo, Plant Director, LSCUS Tarboro; and Patrick Y. Shim, Managing Director, LS C&S (Image Courtesy: Business Wire)

LS Cable & System USA, Inc, a US-based subsidiary of LS Cable & System Ltd. (“LS C&S”), recently announced a USD 50 million investment to expand its manufacturing facility in Tarboro, North Carolina, underscoring the company’s commitment to onshoring advanced manufacturing to the United States, strengthening the supply chain, and serving as a key partner in the nation’s energy infrastructure. […]

Vantage Data Centers Unveils Fully Leased 16MW Facility in Kuala Lumpur

Vantage Data Centers’ KUL14 facility, completing the company’s first campus in Cyberjaya, Malaysia (Image Courtesy: Business Wire)

Vantage Data Centers, a leading global provider of hyperscale data center campuses, recently announced that its fourth facility (KUL14) on the company’s first Cyberjaya campus in Malaysia is now operational, completing the development of the KUL1 campus. The 16MW KUL14 data center is fully leased to a single customer, underscoring strong demand and customer confidence in Vantage’s […]

How Tech-Driven Loan Platforms Are Boosting Financial Inclusion

Representational Image (Image Courtesy Kaboompics.com from Pixels)

Financial inclusion has become one of the most important conversations in the global economy. Millions of people remain locked out of traditional banking and lending systems. For many, the problem is not a lack of need or willingness to repay but rigid systems built around credit scores and outdated checks. Technology is now stepping in […]

RM Announces the South Side Expansion to Develop Grid Innovation

Humboldt, TN Reinhausen Manufacturing current plant profile (Photo Credit: Business Wire)

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

General David Petraeus (US Army, Ret.), Partner and Chairman of the KKR Global and Chairman of KKR Middle East and Julian Barratt-Due, Managing Director at KKR (Photo Courtesy: Business Wire)

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 Unveils Cutting-Edge Citrus Innovation Center in Florida (Photo courtesy: Business Wire)

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

Virginia Gov. Glenn Youngkin takes part in the ribbon-cutting ceremony at the BWXT Innovation Campus. Flanking the governor are BWXT President & CEO Rex Geveden (right) and Joe Miller, BWXT President of Advanced Technologies (left). (Photo courtesy Business Wire)

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

Automotive Software Platform Tekion Secures $200 Million in Growth Capital 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 […]