DULUTH: David Kornberg has been named President and Chief Executive Officer of maurices effective March 15, 2021. maurices announced that long time CEO George Goldfarb will transition to Chairman Emeritus, and serve on the maurices Board of Directors. “Though George’s shoes will be hard to fill, we are confident that David is the right successor….
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Figure Acquisition Corp. I raises $287.5 million through initial public offering
SAN FRANCISCO: Figure Acquisition Corp. I closed its initial public offering of 28.75 million units, which included the full exercise of the underwriters’ over-allotment option, a news release said. The offering was priced at $10 per unit, generating total gross proceeds of $287.5 million. Each unit consists of one share of Class A common stock…
Emmanuel Lakios appointed President & CEO of CVD Equipment Corporation
CENTRAL ISLIP: CVD Equipment Corporation, a leading manufacturer of chemical vapor deposition systems and materials, has announced the appointment of Emmanuel Lakios to President & CEO. “Emmanuel Lakios has more than 30 years’ experience in the industry, and we believe he will lead our company to profitability, sustainability and growth” non-executive Chairman of the Board,…
Bombardier suffers cybersecurity breach
MONTREAL: Bombardier recently suffered a limited cybersecurity breach as an unauthorized party accessed and extracted data by exploiting a vulnerability affecting a third-party file-transfer application, which was running on purpose-built servers isolated from the main Bombardier IT network. In accordance with established cybersecurity procedures and policies, Bombardier promptly initiated its response protocol upon detection of…
Midland acquires nickel-copper position adjacent to Rio Tinto in Grenville
MONTREAL: Midland Exploration Inc. has acquired an important strategic position adjacent to Rio Tinto Exploration Canada Inc. for nickel-copper (Ni-Cu) in the Grenville. This important strategic position is located northeast of the town of La Tuque in the Mauricie region and consists of 815 claims wholly owned by Midland and acquired by map designation, in…
KKR to acquire Telefónica Chile’s wholesale fiber optic network
NEW YORK: KKR has entered into an agreement with Telefónica, a leading global telecommunications company, to establish Chile’s first open access wholesale fiber optics company with the mission to bring greater broadband access across Chile, a news release said. Under the agreement, KKR will acquire a majority stake in Telefónica Chile’s existing fiber optic network,…
Oneida Hospitality Group appoints Scott McDaniel Chief Executive Officer
LINCOLNSHIRE: Oneida Hospitality Group announced the appointment of Scott McDaniel to Chief Executive Officer starting February 15, 2021. In his role, Scott will lead the management team for both the US and Canadian operations for foodservice and other away-from-home channels. Scott joins OHG after serving as President of TriMark United East since 2018. TriMark is…
Siemens Energy to develop waste heat-to-power facility in Canada
HOUSTON: Siemens Energy has signed an agreement with Canada-based TC Energy Corporation to commission first of its kind waste heat-to-power pilot installation in Alberta, a news release said. The facility will capture waste heat from a gas-fired turbine operating at a pipeline compression station and convert it into emissions-free power. The electricity produced will be…
Easyship becomes Accelerate Partner in the Adobe Exchange Partner Program
BROOKLYN: Easyship, the leading shipping software for eCommerce, is also now an Accelerate Partner in the Adobe Exchange Partner Program. With Easyship’s full-service shipping solutions, Magento customers will now have ownership of the entire shipping process and be able to increase conversions by gaining access to affordable multi-carrier solutions from around the world. “We’re finding…
Motorola one 5G ace is available at Metro by T-Mobile
BELLEVUE: T-Mobile announced that the new Motorola one 5G ace is available at Metro by T-Mobile, with availability at T-Mobile to follow. This marks the first Motorola 5G device in Metro’s lineup. Metro customers get full access to T-Mobile’s nationwide 5G network – America’s first, largest AND now fastest – and its advanced LTE network…
WESCO International sells Canada Datacom business to Guillevin
PITTSBURGH: WESCO International Inc. has sold its legacy WESCO Datacom business in Canada to Guillevin International, a Canadian distributor of industrial products. Net proceeds will be used to repay indebtedness, a news release said. The transaction fulfills WESCO’s commitment to divest its legacy Canadian Utility and Datacom businesses in connection with its Consent Agreement with…
U.S. Energy Corp. plans public offering of common stock
HOUSTON: U.S. Energy Corp. has announced intention to offer its common shares in an underwritten public offering. In connection with the offering, the Company expects to grant the underwriters a 45-day option to purchase an additional 15% of the shares of its common stock offered in the public offering on the same terms and conditions….