Business, Construction and Building, Free News Articles, Manufacturing, Restaurant, Hotel and Hospitality

Senneca Brands’ Chase Doors and Eliason Celebrate 2nd Annual National Traffic Door Day on September 28

CINCINNATI, Ohio -- Chase Industries, Inc., founded by Chase Blum in 1932, began its operation as an insulated walk-in cooler and specialty refrigeration equipment manufacturer. Ninety-one years later, Chase Doors is the world's oldest, largest, and most progressive manufacturer of double-acting impact traffic doors and specialty doors. Eliason Corporation is the number one leader for high-quality restaurant doors.

Eliason is recognized as the premier manufacturer of custom traffic door solutions, consisting of a wide variety of door types and custom options such as custom laminates, window shapes, sizes, etc.

September 28 has been designated by the National Archives as National Traffic Door Day. This day celebrates Chase and Eliason traffic doors and the businesses that use them to keep customers and employees safe.

Traffic doors create an efficient traffic flow in restaurants, retail and industrial spaces and help provide peace, tranquility, and a stylish separation solution where folks dine and shop so they can enjoy the environment and company around them. They add value and efficiency to applications with multi-directional openings where visual, sound, and environmental barriers are required. These doors are extremely durable and capable of withstanding the wear and tear associated with sales-to-back room and walk-in cooler openings in high volume establishments. Known for their long-term value, they are ideal for use in supermarkets, retail establishments, institutions, industries, restaurants, and food service operations.

On September 28, Senneca is proud to join in the celebration of National Traffic Door Day. This day honors the businesses that use traffic doors to ensure the safety of their customers and employees. We encourage everyone to show their support by taking a selfie in front of a traffic door at their favorite restaurant, retail store, or other business and posting it on social media with the hashtag #NationalTrafficDoorDay. We also ask that you take the time to thank the service industry individuals that use traffic doors in their daily work.

At Senneca, we are proud to provide high-quality traffic doors to businesses all over the country. We understand the importance of safety and security, and our doors are designed with these in mind. We invite everyone to join us in celebrating National Traffic Door Day and thank those who use our doors every day. Together, we can help keep customers and employees safe everywhere.

To learn more about this day, please visit National Traffic Door Day - National Day Archives for more information.

Chase Doors and Eliason Corporation are part of the Senneca family of brands. Senneca is a designer and manufacturer of a broad portfolio of specialty doors for commercial and industrial applications and enclosures for mission critical environments. Our brands are some of the most widely recognized names in the industry and include Chase Doors, Eliason, ColdGuard, Curtron, Door Engineering, Hercules, HMF Express, Saino, Simplex, Subzero and Thermoseal. We are committed to exceeding our customers' expectations by supplying doors that offer safety and protection to our customers' most important assets...people, products, capital investments and processes.

LEARN MORE:

https://www.nationaldayarchives.com/day/national-traffic-door-day/

https://www.chasedoors.com/

https://www.senneca.com/

Related link: https://www.chasedoors.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Manufacturing, Reports and Studies

Summer 2023 Ends with an Increase with 151 New Industrial Manufacturing Planned Projects for August 2023

JACKSONVILLE BEACH, Fla. -- SalesLeads announced today the August 2023 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 151 new projects in August as compared to 140 in July, an increase in the Industrial Manufacturing sector.

The following are selected highlights on new Industrial Manufacturing industry construction news.

Industrial Manufacturing - By Project Type

Manufacturing/Production Facilities - 135 New Projects

Distribution and Industrial Warehouse - 74 New Projects

INDUSTRIAL MANUFACTURING - BY PROJECT SCOPE/ACTIVITY

New Construction - 57 New Projects

Expansion - 34 New Projects

Renovations/Equipment Upgrades - 53 New Projects

Plant Closings - 20 New Projects

INDUSTRIAL MANUFACTURING - BY PROJECT LOCATION (TOP 10 STATES)

Michigan - 10

New York - 10

Indiana - 8

North Carolina - 8

Ohio - 8

Arizona - 7

Tennessee - 7

Florida - 6

Georgia - 6

Texas - 6

LARGEST PLANNED PROJECT

During the month of August, our research team identified 20 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Gotion, Inc., who is planning to invest $2 billion for the construction of an EV battery manufacturing facility in MANTENO, IL. They are currently seeking approval for the project.

TOP 10 TRACKED INDUSTRIAL MANUFACTURING PROJECTS

LOUISIANA:

Solar panel mfr. is planning to invest $1 billion for the construction of a manufacturing and warehouse facility at Acadiana Regional Airport in NEW IBERIA, LA. They have recently received approval for the project. Completion is slated for Spring 2026.

MANITOBA:

Biotechnology company is planning to invest $1 billion for the construction of a processing facility in MANITOBA. They are currently seeking approval for the project.

NEW MEXICO:

Solar panel mfr. is planning to invest $1 billion for the construction of a 2-million sf manufacturing, warehouse. and office complex in ALBUQUERQUE, NM. Construction is expected to start in early 2024.

FLORIDA:

Defense contractor is planning to invest $294 million for a 198,000‬ sf expansion and equipment upgrades on their manufacturing facility at 2400 Palm Bay Rd. NE in PALM BAY, FL. They are currently seeking approval for the project.

PENNSYLVANIA:

Biotechnology company is planning to invest $260 million for the construction of an 80,000 sf processing, laboratory, and office campus in PHILADELPHIA, PA. The project includes the construction of a 150,000 sf co-working biotechnology and office facility at the site. They are currently seeking approval for the project.

MISSISSIPPI:

Wood pellet mfr. is planning to invest $250 million for the construction of a manufacturing facility in BOND, MS. They have recently received approval for the project. Completion is slated for Fall 2025.

TENNESSEE:

Automotive component mfr. is planning to invest $170 million for the renovation and equipment upgrades on a manufacturing facility in LOUDON, TN. They are currently seeking approval for the project.

MICHIGAN:

Automotive parts mfr. is planning to invest $170 million for the renovation and equipment upgrades on a recently pre-leased 200,000 sf manufacturing facility in GRAND BLANC, MI. The project includes establishing a 50,000 sf testing and research facility and they are currently seeking a site in the FLINT, MI area.

MINNESOTA:

Medical device mfr. is planning to invest $170 million for the construction of a 400,000 sf laboratory, processing, training, and office campus on 73rd Place in MAPLE GROVE, MN. They are currently seeking approval for the project. The site will allow for a future 150,000 sf expansion.

KENTUCKY:

Automotive parts mfr. is planning to invest $131 million for a 320,000 sf expansion and equipment upgrades on their manufacturing facility in BARDSTOWN, KY. They have recently received approval for the project. Completion is slated for early Fall 2024.

About IMI SalesLeads, Inc.

Since 1959, IMI SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

* Industrial Manufacturing

* Plastics

* Food and Beverage

* Metals

* Power Generation

* Pulp Paper and Wood

* Oil and Gas

* Mining and Aggregates

* Chemical

* Research and Development

* Distribution and Supply Chain

* Pipelines

* Pharmaceutical

* Misc. Industrial Buildings

* Waste Water Treatment

* Data Centers

Related link: https://www.salesleadsinc.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Construction and Building, Free News Articles, Manufacturing, Product Launches

Senneca’s Market-Leading Brand, Chase Doors, Launches Their First Environmentally Sustainable EcoAccess Door

CINCINNATI, Ohio -- Senneca and their family of brands is committed to continuous improvement to minimize its environmental footprint and inspire others to do the same. To reduce ecological impact, action has been taken to decrease waste, reuse materials and recycle where possible. Chase Doors is proud to announce the launch of their first environmentally sustainable product, the EcoAccess door.

The new EcoAccess door combines reliability, durability, and sustainability in a single door panel. Designed in alignment with their customers' commitment to specify and use environmentally responsible products, the EcoAccess single-acting door features a door panel constructed of 100% recycled HDPE material.

Senneca understands the importance of using materials that are both cost-effective and environmentally friendly. HDPE is an ideal material for this purpose, it is tough and corrosion-resistant and easily recyclable. Additionally, HDPE has excellent impact strength and can easily withstand pressure and harsh scenarios, keeping your door at peak performance. Constructed by the trusted leader in door manufacturing, this door has a unique 3 panel core for added durability, while remaining lightweight. Maintenance is minimal, it won't scratch or dent, so your door stays looking its best.

The Chase EcoAccess door qualifies for projects requiring a Buy American Act product specification. The door panel materials are proudly sourced from US manufacturers, and the doors are produced at their plant in the United States.

"As the market leader in specialty doors, Senneca is here to promote your sustainability initiatives with the launch of our Chase EcoAccess door that features a 100% recycled material door panel. We are excited about this innovative solution that provides a long-lasting durable door while removing environmental waste," said Hal Shapiro, Senior Vice President, C&I Sales and Marketing.

Senneca's efforts include the manufacturing and sourcing of goods and services that meet the business needs of their customers, while also being environmentally friendly, socially responsible, and ethically sourced. Over 2,700 of their doors are listed by the Department of Energy and meet design, energy savings and performance requirements that lessen the carbon footprint on the environment.

Senneca's goal is to improve environmental efficiency and responsibility by enacting measurable steps to a greener future for the planet and future generations by continuously improving products and processes in the pursuit of social, economic, and environmental well-being.

To learn more about the Chase EcoAccess door, please visit https://www.chasedoors.com/products/ecoaccess for more information.

Chase Doors is part of the Senneca family of brands. Senneca is a designer and manufacturer of a broad portfolio of specialty doors for commercial and industrial applications and enclosures for mission critical environments. Their brands are some of the most widely recognized names in the industry and include Chase Doors, ColdGuard, Curtron, Door Engineering, Eliason, Hercules, HMF Express, Saino, Simplex, Subzero and Thermoseal. Senneca is committed to exceeding customers' expectations by supplying doors that offer safety and environmental separation for their customers' most important assets...people, products, capital investments and processes.

Learn more about Senneca and their family of brands at https://www.senneca.com/.

Related link: https://www.chasedoors.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Manufacturing, Reports and Studies

140 New Industrial Manufacturing Planned Projects for July Remain Steady for Second Month

JACKSONVILLE BEACH, Fla. -- SalesLeads announced today the July 2023 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 140 new projects in July as compared to 141 in June, unchanged for the Industrial Sector.

The following are selected highlights on new Industrial Manufacturing industry construction news.

* Industrial Manufacturing - By Project Type

Manufacturing/Production Facilities - 129 New Projects

Distribution and Industrial Warehouse - 82 New Projects

* Industrial Manufacturing - By Project Scope/Activity

New Construction - 44 New Projects

Expansion - 48 New Projects

Renovations/Equipment Upgrades - 57 New Projects

Plant Closings - 13 New Projects

* Industrial Manufacturing - By Project Location (Top 10 States)

California - 10
New York - 9
Texas - 9
Indiana - 8
Ohio - 8
Michigan - 7
Georgia - 6
Minnesota - 6
Tennessee - 6
South Carolina - 5

* Largest Planned Project
During the month of July, our research team identified 16 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Formosa Plastics Corporation, who is planning to invest $12 billion for the construction of a processing facility in ST. JAMES, LA. They are currently seeking approval for the project. Construction is expected to start in Summer 2024.

* Top 10 Tracked Industrial Manufacturing Projects

CALIFORNIA:

Semiconductor mfr. is planning to invest $2 billion for the expansion, renovation, and equipment upgrades on their manufacturing facility at 7501 Foothills Blvd. in ROSEVILLE, CA. They are currently seeking approval for the project. Completion is slated for 2026.

TENNESSEE:

Automotive component mfr. is planning to invest $790 million for the construction of two manufacturing and warehouse facilities totaling 940,000 sf in STANTON, TN. The project includes the construction of a 400,000 sf manufacturing facility in LAWRENCEBURG, TN. Completion is slated for 2025.

TEXAS:

Tissue paper mfr. is planning to invest $400 million for the construction of a manufacturing and warehouse facility on Gene Campbell Rd. in NEW CANEY, TX. They are currently seeking approval for the project. They will relocate their operations upon completion.

INDIANA:

Plumbing equipment mfr. is expanding and planning to invest $300 million for the construction of a 300,000 sf manufacturing facility adjacent to their existing plant in WABASH, IN. Construction is expected to start in early Fall 2023.

ARIZONA:

Semiconductor equipment mfr. is planning to invest $270 million for the construction of a laboratory and manufacturing facility on the Arizona State University campus in TEMPE, AZ. They are currently seeking approval for the project.

FLORIDA:

Building materials mfr. is planning to invest $235 million for the expansion and equipment upgrades on their manufacturing facility in PALATKA, FL. They are currently seeking approval for the project.

GEORGIA:

Automobile mfr. is planning to invest $200 million for the renovation and equipment upgrades on their manufacturing facility in WEST POINT, GA. Completion is slated for Spring 2024.

OHIO:

Tissue paper mfr. is planning to invest $185 million for a 500,000 sf expansion of their manufacturing facility in CIRCLEVILLE, OH. They are currently seeking approval for the project. Completion is slated for 2025.

SOUTH DAKOTA:

Industrial supplies mfr. is planning to invest $158 million for a 200,000 sf expansion of their manufacturing and warehouse facility in BROOKINGS, SD. They are currently seeking approval for the project.

KENTUCKY:

Automotive components mfr. is planning to invest $153 million for a 752,000 sf expansion and equipment upgrades on their manufacturing facility in BEREA, KY. They are currently seeking approval for the project.

About IMI SalesLeads, Inc.

Since 1959, IMI SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team.

Visit us at https://www.salesleadsinc.com/

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

* Industrial Manufacturing

* Plastics

* Food and Beverage

* Metals

* Power Generation

* Pulp Paper and Wood

* Oil and Gas

* Mining and Aggregates

* Chemical

* Research and Development

* Distribution and Supply Chain

* Pipelines

* Pharmaceutical

* Misc. Industrial Buildings

* Waste Water Treatment

* Data Centers

Learn more: https://www.salesleadsinc.com/industry/industrial-manufacturing/

Related link: https://www.salesleadsinc.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Manufacturing, Product Launches

US Kidney Research Corp Unveils Breakthrough Ultrafilter Membrane for Dialysis

ROSEVILLE, Calif. -- US Kidney Research Corporation (USKRC) is delighted to announce new groundbreaking research as part of a contract with the University of Arkansas (U of A) resulting in the development of an ultrafiltration membrane with diverse filtering applications for medical and non-medical devices. This remarkable membrane represents a significant advancement, particularly in the field of dialyzers, the filtration device used in hemodialysis machines to remove toxins, promising improved dialysis performance and enhanced ultrafiltration flux.

The recently published research in Scientific Reports (https://www.nature.com/articles/s41598-023-37765-y) unveils a novel membrane created through a tempo cellulosic oxidation process and cast using ionic liquids. Notably, the membrane showcases exceptional biocompatibility, the ability to clear potential uremic toxins, and excellent stability. Its unique structure, characterized by the alignment of fibers after casting, leads to an extraordinarily high flux and substantial BSA rejection in ultrafiltration mode, surpassing the performance of traditional dialysis membranes.

"We were highly impressed by the membrane's behavior and performance; the fiber alignment in the final structure allows for superior functionality compared to conventional dialysis membranes," expressed Jamie Hestekin, one of the lead researchers at U of A.

As part of this concerted effort, USKRC has secured worldwide rights for the patented U of A membrane in all biomedical applications. USKRC's founder and CEO Roland Ludlow, revealed that the corporation intends to explore sublicensing partnerships both domestically and internationally, with the aim of expediting the introduction of this cutting-edge membrane technology to the market, enabling its use in dialysis and other relevant applications.

Dr. Ira Kurtz, Chief of Nephrology at UCLA, who is an author on the Scientific Reports paper and serves as the lead medical/scientific advisor to USKRC commented, "This new membrane chemistry could be a game changer in the care of renal patients."

USKRC is actively engaged in several other research projects, including the development of a waterless portable blood purifying device that could potentially replace current dialysis machines, an implantable artificial kidney, and a coating to prevent blood coagulation within medical device tubing and catheters. The company has solidified its position as a leader in renal therapy research, earning prestigious recognition as a two-time winner of the KidneyX contest, sponsored by the American Society of Nephrology and the US Department of Health and Human Services. Monetary awards for KidneyX were generously provided by the US Congress and the American Society of Nephrology.

About US Kidney Research Corporation:

US Kidney Research Corporation (formerly Curion Research Corporation), is an award-winning company incorporated in Delaware (C-Corp), founded in June, 2015. The company is creating the world's first waterless blood purification technology for use in a portable device and ultimately an implantable artificial kidney, as well as other novel technologies to improve the lives of patients with end stage renal disease (ESRD) or acute kidney injury (AKI). US Kidney Research Corporation has patents for its waterless blood purifying technology in USA, Japan, India, S. Korea, China, along with 17 European Unitary patent member countries.

More information: https://www.uskidneyresearchcorp.com/

Related link: https://www.uskidneyresearchcorp.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Manufacturing

Revolutionizing Industries: SioResin Introduces Breakthrough Dimethyl Silicone Oil

NEW YORK, N.Y. -- In a game-changing move, SioResin, a leading manufacturer specializing in sustainable products and technologies in the new material field, has unveiled its groundbreaking Dimethyl Silicone Oil. This innovative product is poised to redefine industry standards and drive advancements across various sectors.

Unleashing the Power of Dimethyl Silicone Oil

SioResin's Dimethyl Silicone Oil comes with an impressive array of advantages that distinguish it from traditional solutions:

Unmatched Quality and Stability

Renowned for its exceptional quality and stability, Dimethyl Silicone Oil guarantees consistent performance across a wide range of applications. Its reliability and outstanding performance make it an ideal choice for critical processes and formulations.

Versatile Applications

From chemical engineering to electronics, medical, automotive, and more, Dimethyl Silicone Oil by SioResin finds versatile application across diverse industries. Its multi-functional attributes enable seamless adaptation to various applications, making it a preferred option for professionals and manufacturers seeking reliable solutions.

Competitive Pricing

SioResin takes pride in offering customers premium Dimethyl Silicone Oil at a competitive price point. This affordability empowers businesses to access top-notch solutions without compromising on quality, giving them a competitive edge.

Customized Solutions

SioResin values individual customer requirements and provides tailored solutions to meet specific needs. Working closely with clients, our team of experts offers personalized formulations to ensure optimal results for their projects.

Reliable Supply Chain and Timely Delivery

Trusting in SioResin's commitment to customer satisfaction, clients benefit from a reliable supply chain that ensures uninterrupted availability of Dimethyl Silicone Oil. Timely delivery is of paramount importance to us.

Compliance with Regulations and Environmentally Friendly

Adhering to industry regulations and environmental standards, Dimethyl Silicone Oil by SioResin is an eco-friendly choice. We are dedicated to providing sustainable solutions for a greener future.

Outstanding Customer Support

SioResin excels in delivering exceptional customer support, responding promptly to inquiries, offering technical assistance, and providing comprehensive after-sales service. Our customer-centric approach ensures a seamless experience for all valued clients.

A Complete Range of Specialty Chemicals

In addition to Dimethyl Silicone Oil, SioResin offers a comprehensive range of premium-quality specialty chemicals, including water-based polyurethane, water-based acrylic resin, UV resin, silicone resin, defoamers, curing agents, and more. Our one-stop-shop approach simplifies procurement for customers and strengthens our position as a reliable supplier.

Driving Innovation and Sustainability

"I am thrilled to introduce SioResin's Dimethyl Silicone Oil, a testament to our commitment to driving innovation and sustainability in the new material field," stated Qing, CEO of SioResin. "With its exceptional properties and eco-friendly nature, Dimethyl Silicone Oil opens doors to new possibilities across various industries."

About SioResin:

SioResin is a leading manufacturer focused on delivering sustainable products and technologies in the new material field. Committed to advancing environmental responsibility and industry efficiency, SioResin continues to pioneer innovative solutions for a greener future.

Discover the Transformative Potential

Unlock the transformative potential of SioResin's Dimethyl Silicone Oil. For more information or to explore collaboration opportunities, please visit https://www.sioresin.com/silicone-resin.html or reach out to us at sales@sioresin.com .

RELATED LINKS:

https://www.sioresin.com/blog/dimethyl-silicone/

https://www.sioresin.com/uv-cure-resin.html

https://www.sioresin.com/silicone-resin/dimethyl-silicone-oil.html

Related link: https://www.sioresin.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Manufacturing

Matrix Announces the Successful Sale of Vital Plastics, Inc.

BALTIMORE, Md. -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, is pleased to announce the sale of Vital Plastics, Inc. ("Vital Plastics" or the "Company"), a high-volume manufacturer and assembler of injection molded plastic products, to Wolverine Capital Partners ("Wolverine Capital").

Headquartered in Baldwin, WI, Vital Plastics provides injection molding, assembly operations, and tooling solutions to the transportation, industrial, consumer durable, and building product sectors. Operating out of two facilities, totaling over 65,000 combined square feet, the Company manufactures products such as automotive and window clips, industrial components and medical parts, among others, for a blue chip customer base of numerous Fortune 500 entities located throughout the United States. Value-added capabilities, including advanced engineering and design consulting, coupled with unrivaled responsiveness and customer service, has earned Vital Plastics its reputation as a preeminent manufacturer of injection molded products.

Over the past decade, leadership of the organization has transitioned from majority owner Terry Townsend to CEO George Hauser and President & CFO Matthew Fish. Mr. Hauser and Mr. Fish have been instrumental in helping grow and modernize the Company during that period, including driving the implementation of industry-leading automation and reporting systems. Mr. Fish will continue as the lead of day-to-day operations moving forward.

Regarding the transaction, Mr. Fish commented, "We are pleased to partner with the Wolverine Capital team. Of all the groups we interacted with, their team resonated most deeply with us given their straightforward approach and passion for building businesses. We are uniquely aligned in recognizing the attributes that have driven the Company's success: its loyal employee base and longstanding customer relationships, most of which date back multiple decades. We look forward to our next chapter of growth with Wolverine Capital."

Matrix provided merger and acquisition advisory services to Vital Plastics, which included valuation advisory, marketing the business through a confidential, structured sale process, and negotiation of the transaction. The transaction was managed by William O'Flaherty, Managing Director; David Shoulders, Managing Director and Head of Matrix's Consumer & Industrial Investment Banking Group; Matt Oldhouser, CPA, Senior Associate; Sahan Pandey, Senior Analyst; and Hampton Massie, Analyst.

Regarding Matrix's services, Mr. Hauser noted, "My partners and I were impressed by the level of commitment and sophistication that Matrix brought to the transaction. Their detailed knowledge of our specific industry, paired with their experience in transaction advisory, created tremendous value for us. We are extremely grateful for their efforts."

Mr. O'Flaherty added, "We are thrilled to have found such an excellent partner for Vital Plastics. We congratulate Terry on building such an impressive business and commend George for the tremendous work he's done as CEO to position the organization for the next phase of growth. We have no doubt that Matt will continue to find success as part of this new partnership given his commitment to providing world-class services to his customers."

Brian Pitney and David Carroll of Sands Anderson PC served as legal counsel for Vital Plastics. Dykema Gossett PLLC served as legal counsel for Wolverine Capital.

About Matrix Capital Markets Group, Inc.

Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank headquartered in Richmond, VA, with additional offices in Baltimore, MD and New York, NY. Matrix provides merger & acquisition and financial advisory services for privately-held, private-equity owned, not-for-profit and publicly traded companies. Matrix's advisory services include company sales, recapitalizations, capital raises of debt & equity, corporate carve outs, special situations, management buyouts, corporate valuations and fairness opinions.

Matrix serves clients in a wide range of industries, including automotive aftermarket, building products, car washes, consumer products, convenience retail, downstream energy, healthcare and industrial products.

For additional information or to contact our team members, please visit https://matrixcmg.com/.

Securities offered by MCMG Capital Advisors, Inc., an affiliate of Matrix Capital Markets Group, Inc., Member FINRA & SIPC

Related link: https://www.matrixcmg.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Construction and Building, Free News Articles, Manufacturing, Reports and Studies

June 2023 Shows 141 New Industrial Manufacturing Planned Project with Renovations & Equipment Upgrades Remaining Constant

JACKSONVILLE BEACH, Fla. -- IMI SalesLeads announced today the June 2023 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 141 new projects in June as compared to 184 in May the Industrial Manufacturing sector.

The following are selected highlights on new Industrial Manufacturing industry construction news.

* Industrial Manufacturing - By Project Type

Manufacturing/Production Facilities - 132 New Projects

Distribution and Industrial Warehouse - 61 New Projects

* Industrial Manufacturing - By Project Scope/Activity

New Construction - 38 New Projects

Expansion - 46 New Projects

Renovations/Equipment Upgrades - 59 New Projects

Plant Closings - 17 New Projects

* Industrial Manufacturing - By Project Location (Top 10 States)

Texas - 12

Michigan - 11

New York - 10

North Carolina - 9

Georgia - 7

Illinois - 6

Ohio - 6

Alabama - 5

Kentucky - 5

Pennsylvania - 5

* Largest Planned Project

During the month of June, our research team identified 18 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Nexen Tire America Inc., who is planning to invest $3 billion for the construction of an EV battery manufacturing facility in NEW CARLISLE, IN. Construction is expected to start in 2025, with completion slated for 2026.

* Top 10 Tracked Industrial Manufacturing Projects

GEORGIA:

Tire mfr. is considering investing $1 billion for the construction of a manufacturing facility and currently seeking a site in GEORGIA.

MICHIGAN:

Automotive mfr. is planning to invest $1 billion for the renovation and equipment upgrades on two of their manufacturing facilities in FLINT, MI. They are currently seeking approval for the project.

ALBERTA:

Fiberboard mfr. is planning to invest $790 million for the construction of a manufacturing facility in STETTLER, AB. They are currently seeking approval for the project.

INDIANA:

Automotive mfr. is planning to invest $632 million for the renovation and equipment upgrades on their manufacturing facility in ROANOKE, IN. They are currently seeking approval for the project.

KENTUCKY:

Automotive mfr. is planning to invest $591 million for the renovation and equipment upgrades on their manufacturing facility in GEORGETOWN, KY. They are currently seeking approval for the project. Completion is slated for 2025.

NORTH CAROLINA:

Pharmaceutical company is expanding and planning to invest $500 million for the construction of a manufacturing, processing, and office facility at 67 TW Alexander Drive in DURHAM, NC. They are currently seeking approval for the project. Construction is expected to start in early 2024, with completion slated for early 2026.

TEXAS:

Automotive mfr. is planning to invest $500 million for the renovation and equipment upgrades on their manufacturing facility at 2525 E. Abram St. in ARLINGTON, TX. They are currently seeking approval for the project.

NORTH CAROLINA:

Biotechnology company is planning to invest $458 million for the renovation and equipment upgrades on a 210,000 sf processing facility in GREENSBORO, NC. They are currently seeking approval for the project.

MISSISSIPPI:

Specialty building products mfr. is planning to invest $418 million for the construction of a manufacturing facility in SHUQUALAK, MS. They are currently seeking approval for the project.

ALABAMA:

Wood panel product mfr. is planning to invest $350 million for the construction of a manufacturing facility in OXFORD, AL. They are currently seeking approval for the project. Construction is expected to start in Fall 2023.

About IMI SalesLeads, Inc.

Since 1959, IMI SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

* Industrial Manufacturing

* Plastics

* Food and Beverage

* Metals

* Power Generation

* Pulp Paper and Wood

* Oil and Gas

* Mining and Aggregates

* Chemical

* Research and Development

* Distribution and Supply Chain

* Pipelines

* Pharmaceutical

* Misc. Industrial Buildings

* Waste Water Treatment

* Data Centers

Related link: https://www.salesleadsinc.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Electronics, Free News Articles, Manufacturing

MAGLITE, the PEDESTRIAN SAFETY INSTITUTE and new partners TO PROMOTE TRAFFIC AND PEDESTRIAN SAFETY DURING National Roadside Traffic Safety Awareness Month

ONTARIO, Calif. -- The Maglite® brand partners up with the Pedestrian Safety Institute (PSI) to support traffic and pedestrian safety during the deadliest month of the year, July. According to the PSI, July has the highest rate of traffic-related fatalities. The days surrounding July 4th are particularly dangerous and are routinely referred to as the deadliest driving days of the year.

Drivers in the United States struck and killed 3,434 people in the first half of 2022 - up 5%, or 168 more deaths, from the same period the year before, according to analysis from the Governors Highway Safety Association (GHSA).

Darkness and low visibility play a significant role in pedestrian deaths. In fact, more than 70 percent of fatalities happen in low-light conditions, particularly at night. In addition to the Pedestrian Safety Institute, Maglite is proud to have the American Paramedic Association, Citizens Behind the Badge, the U.S. Deputy Sheriffs Association, the lead economist of the Drucker School, Jay Prag, America's Criminologist Dr. Currie Myers, and legal scholar John Tulac joining in this mission to illuminate the dangers facing pedestrians and solutions.

National Roadside Traffic Safety Awareness Month was created by the Pedestrian Safety Institute with the goal of educating and urging drivers to use caution while driving during this time of year.

"There are simple ways to reduce the number of deaths due to pedestrian traffic accidents - carry a bright flashlight, wear reflective clothing and be cautious, especially around fast-moving traffic," said Tony Maglica, founder and CEO of Mag Instrument, Inc., manufacturer of the Maglite® Flashlight.

Other facts and Safety Tips are available in the attached materials (link below) and at: https://maglite.com/collections/national-roadside-safety-awareness.

Info sheet (PDF): https://cdn.shopify.com/s/files/1/0089/1764/7423/files/PSI_Flyer.pdf?v=1687543185

Related link: https://maglite.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Alliances and Partnerships, Business, Electronics, Free News Articles, Manufacturing

Fluid Metering Announces New Distributor in UK and Ireland

SYOSSET, N.Y. -- Fluid Metering Inc., a pioneer in design and manufacturing of high-performance fluid handling solutions, is pleased to announce a new distribution agreement with Premier Control Technologies Limited (PCT) as the new distributor of precision fluid control solutions throughout the United Kingdom and Ireland.

Fluid Metering Inc, and PCT are well aligned with their company ethos, at the forefront is collaboration with both its suppliers and customers to ensure all expectations are met working within the science and laboratory segments, as well as the broader life sciences sector. Foremost, this alliance allows us to be well placed to be your partner of choice for your next project or OEM requirement.

"PCT are proud to be the partner of choice for Fluid Metering Inc, the technical and commercial needs of UK and Irish customers can now be met with local service and support," says James Kybird, Managing Director at Premier Control Technologies Limited. "Based in Hethel, Norfolk, our sales office remains the first point of contact with business development managers placed throughout the UK offering market and product expertise for customer applications requiring engineering support."

"Fluid Metering, Inc. is excited to have found a partner within the UK and Ireland that shares FMI's commitment to customer service and will be able to further our customer's success in those markets with local support," says Sean Madden, Vice President of Commercial & Product Development at Fluid Metering, Inc.

About Fluid Metering Inc.:

Fluid Metering continues to be a leader in the manufacturing of valve-less ceramic dispensers and metering pumps with strategic focus in the life science market space. Proudly, incorporating over 64 years of OEM design and experience to meet customer specific application requirements with Accuracy, Precision & Reliability!

Learn more at: https://www.fluidmetering.com/

Related link: https://www.fluidmetering.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022