Press release content from Business Wire. The AP news staff was not involved in its creation.
Avery Dennison to Acquire JDC Solutions, Inc.
February 15, 2021 GMT
GLENDALE, Calif. (BUSINESS WIRE) Feb 15, 2021
Avery Dennison (NYSE:AVY) said today it has agreed to acquire JDC Solutions, Inc., a privately owned manufacturer of pressure-sensitive specialty tapes headquartered in Mount Juliet, Tennessee, for the purchase price of $24 million. JDC employs approximately 75 employees located at its headquarters and manufacturing site in Tennessee, with approximately $30 million in annual revenue.
JDC manufactures specialty tapes for use in a variety of high-value industrial applications, and has longstanding relationships with U.S. converters serving the automotive, consumer appliance, and building and construction industries, among others. Upon completion of the acquisition, JDC’s manufacturing operations, workforce and product portfolio will become part of Avery Dennison’s Perform
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Unity Homes and Rendeavour expand partnership from Kenya to Nigeria
February 15, 2021 GMT
Unity Homes 1,100-apartment development in Tatu City, Kenya
ALARO CITY, Nigeria, Feb. 15, 2021 /PRNewswire/ Unity Homes, a developer of inclusive residential communities, and Rendeavour, Africa’s largest new city builder, are expanding their partnership from Kenya to Nigeria with a 576-unit apartment complex in the Lekki Free Zone in Lagos.
Building on the success of Unity Homes’ 1,100-unit development in Tatu City, Rendeavour’s 5,000-acre development in Nairobi, the two companies selected Alaro City in Lagos for their expansion drive. Alaro City is a partnership between Rendeavour and the Lagos State Government.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
International Space Station Tests Virus-fighting Surface Coating Developed by Boeing, University of Queensland
February 15, 2021 GMT
BRISBANE, Australia, Feb. 15, 2021 /PRNewswire/ Astronauts aboard the International Space Station (ISS) are conducting experiments with an antimicrobial surface coating designed to fight the spread of bacteria and viruses, including the Earth-bound SARS-CoV-2 virus responsible for the current COVID-19 pandemic.
Developed by Boeing [NYSE: BA] and The University of Queensland (UQ), the joint research project was tested aboard Boeing’s ecoDemonstrator last year as part of the company’s Confident Travel Initiative.