MILL VALLEY: Four Corners Property Trust announced the acquisition of a Chili’s restaurant property for $1.0 million. The property is located in a strong retail corridor in GA and is occupied under a new triple net lease to a franchisee operator with twenty years of term remaining with four, 5-year options and annual rent increases…
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Paycom Software ranks 3rd on Top Workplaces USA list
OKLAHOMA CITY: Paycom Software Inc. ranked third on the inaugural 2021 Top Workplaces USA list of organizations with over 2,500 employees. “This award is a testament to our innovative coworkers, who even in challenging times continue to elevate our technology, service and culture,” said Paycom’s founder and CEO, Chad Richison. “I am incredibly proud of…
Canadian Union of Public Employees condemn more flight restrictions
VANCOUVER: Canada’s flight attendants fear more restrictions and flight cancellations would result in more job losses and jeopardize the viability of the sector for the long run. Responding to the Prime Minister Justin Trudeau’s announcement of new travel restrictions for all international arrivals and the cancellation of several flight routes, Wesley Lesosky, President of the…
MassRoots re-launches online store focused on high-margin products
DENVER: MassRoots has re-launched its online store carrying products from which the Company expects to generate profit margins greater than 80% per unit sold – with the initial items being MassRoots stickers and cups. MassRoots has also enabled customers to pay for products with Bitcoin and Ethereum (Cryptocurrencies). The Company records the value of these…
Bombardier completes $6.0 billion sale of its transportation business to Alstom
MONTREAL: Bombardier confirmed the closing of the previously announced sale of its transportation business to Alstom. Total proceeds to the vendors after the deduction of debt-like items and transferred liabilities are $6.0 billion. After deducting la Caisse de dépôt et placement du Québec equity position of $2.5 billion, transaction costs, and including the impact from…
Littelfuse acquires Hartland Controls
CHICAGO: Littelfuse Inc. has acquired Hartland Controls. For 2020, Hartland Controls had sales of approximately $70 million. Headquartered in Rock Falls, Illinois, Hartland Controls is a manufacturer and leading supplier of electrical components used primarily in heating, ventilation, air conditioning, and refrigeration (HVAC/R) and other industrial and control systems applications. “Hartland Controls is a premier…
Ryan Ostrom to Join Jack in the Box Inc. as new chief marketing officer
SAN DIEGO: Jack in the Box Inc. announced that Ryan Ostrom will join the company as Executive Vice President and Chief Marketing Officer, effective February 1, 2021. Ostrom joins the company with over 15 years of marketing and branding experience, with a passion for driving innovation through creative consumer strategies. Most recently, Ostrom served as…
Calix announces Michael Weening as President and Chief Operating Officer
SAN JOSE: Calix Inc. announced Michael Weening’s promotion to president and COO. In his new role, Michael adds Intelligent Access EDGE solutions to his existing responsibilities and now has leadership responsibility for all operational aspects of Calix. “Michael joined in 2016 and has been instrumental in our transformation to an All Platform company,” said Carl…
Haztech Energy Corp. acquires Primex Training Centre
REGINA: Haztech Energy Corp. announced the completion of the acquisition of Primex Training Centre Inc., a leading provider of industrial health & safety training and consulting services to industrial clients that operate in remote locations and large projects in Western Canada. Founded in 2013, Primex is headquartered in Regina, Saskatchewan and operates across the prairie…
FCPT buys Raising Cane’s Restaurant for $2.1 million
MILL VALLEY: Four Corners Property Trust (FCPT) announced the acquisition of a Raising Cane’s restaurant for $2.1 million from Washington Prime Group. The property is located in Ohio and is under a triple-net lease to the brand’s corporate entity with a lease term of approximately fifteen years remaining. This acquisition was priced at a capitalization…
Juniper Networks closes Apstra acquisition
Complete Data Center solution from Juniper assures experiences and drives business outcomes with best-in-class automation, open programmability and scalability SUNNYVALE: Juniper Networks has finalized its acquisition of Apstra, a leader in intent-based networking and automated closed-loop assurance, a news release said. The closing of the deal marks a meaningful step toward delivering an unmatched, experience-led…
TeleSign Board appoints Joseph Burton as CEO
LOS ANGELES: TeleSign, the leading provider of customer identity and engagement solutions, announced the appointment of Joseph Burton as CEO effective immediately. As CEO, Mr. Burton will focus on accelerating growth and reinforcing TeleSign’s leading position in programmable communications and digital identity for the world’s largest brands. “TeleSign is a pioneer in digital identity and…