Press release content from Business Wire. The AP news staff was not involved in its creation.
Microvast, Governor Lee and Commissioner Rolfe Announce Company to Establish Manufacturing Facility in Clarksville Tennessee
February 18, 2021 GMT
NASHVILLE, Tenn. & HOUSTON (BUSINESS WIRE) Feb 18, 2021
Microvast, Inc., a leading global provider of next-generation battery technologies for commercial and specialty vehicles (“Microvast” or the “Company”), Tennessee Gov. Bill Lee, and Department of Economic and Community Development Commissioner Bob Rolfe announced today that Microvast plans to establish a new manufacturing facility in Clarksville.
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Microvast plans to invest $220 million and create 287 jobs in Montgomery County.
In 2019, in consultation with the U.S. Department of Energy (DOE), Microvast began planning the establishment of a Li-ion battery facility in the United States. As part of the project, Microvast plans to renovate and expand a facility locate
Press release content from Business Wire. The AP news staff was not involved in its creation.
BJ’s Wholesale Club to Hold Fourth Quarter Fiscal 2020 Earnings Conference Call
February 18, 2021 GMT
WESTBOROUGH, Mass. (BUSINESS WIRE) Feb 18, 2021
BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) today announced that it will release financial results for the fourth quarter fiscal 2020 prior to the market open on Thursday, March 4, 2021 and will hold a conference call on the same day at 8:30 a.m. ET to discuss its financial performance.
To listen to the call, dial (877) 274-0290 within the U.S. or (647) 689-5405 outside the U.S. and reference conference ID 1090677. A telephonic replay will be available two hours after the conclusion of the call for one week and can be accessed by dialing (800) 585-8367 or (416) 621-4642 and referencing conference ID 1090677. A live audio webcast of the call can be accessed at investors.bjs.com and will remain available for one year.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Stratasys Acquires RPS, Provider of Best-in-class Stereolithography 3D Printers
February 19, 2021 GMT
EDEN PRAIRIE, Minn., & REHOVOT, Israel (BUSINESS WIRE) Feb 18, 2021
Stratasys Ltd. (NASDAQ: SSYS), a leader in polymer 3D printing solutions, today announced it has acquired UK-based RP Support Ltd. (RPS), a provider of industrial stereolithography 3D printers and solutions. RPS’ complementary technology further expands Stratasys’ polymer suite of solutions across the product life cycle, from concept modeling to manufacturing. Stratasys will leverage its industry-leading go-to-market infrastructure to offer RPS’ Neo® line of systems to the global market with an expanded set of applications. Stratasys expects the acquisition to be slightly accretive to revenue and non-GAAP per-share earnings by the end of 2021.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Global Automobile OEM In-plant Logistics Market Report 2020-2027 - ResearchAndMarkets.com
February 18, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 18, 2021
Amid the COVID-19 crisis, the global market for Automobile OEM In-plant Logistics estimated at US$2.5 Billion in the year 2020, is projected to reach a revised size of US$2.8 Billion by 2027, growing at a CAGR of 1.7% over the analysis period 2020-2027.
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In-Plant Warehousing, one of the segments analyzed in the report, is projected to record a 2.4% CAGR and reach US$881.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Line-Side Feeding segment is readjusted to a revised 1.7% CAGR for the next 7-year period.