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TMEIC Announces Leadership Changes

TMEIC Announces Leadership Changes
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ROANOKE, Va., April 1, 2021 /PRNewswire/ TMEIC Corporation Americas, a subsidiary of Tokyo, Japan headquartered Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) is pleased to announce that Manmeet S. Bhatia has been named President & CEO effective April 1, 2021. Mr. Bhatia has been with TMEIC since its inception in 2003. Immediately preceding his promotion to President & CEO, beginning in 2019, Mr. Bhatia served as the company s COO. In addition, Mr. Bhatia served as the General Manager for the Global Drives Business Unit at TMEIC Corporation. In this role, Mr. Bhatia led business unit operations and held complete fiscal responsibility for orders, sales, and earnings of TMEIC s MV motors and drives business in the Americas. Since joining TMEIC, Mr. Bhatia has focused on bolstering TMEIC s global presence through several concurrent leadership positions ....

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Automotores Gildemeister SpA will file for pre-packaged Chapter 11 in the USA with support from international noteholders

AG or the
Company ) announced today that it will soon file a pre-packaged plan of reorganization in order to restructure its debt obligations under Chapter 11 of the United States Bankruptcy Code. The pre-packaged plan involves the Chilean, Uruguayan and Brazilian operations and does not include the Peruvian or Costa Rican operations.
Yesterday, the Company entered into a Restructuring Support Agreement (“
RSA”) with holders of a substantial majority of the Company’s secured notes to support the pre-packaged reorganization plan. To this end, AG has called an extraordinary shareholders meeting for April 9. The Company expects to file for reorganization in the United States during the first half of April. ....

United States , Costa Rica , Costa Rican , Automotores Gildemeister Chile , United States Bankruptcy , Restructuring Support Agreement , Automotores Gildemeister Spa , Trucking Amp Railroad , Restructuring Amp Recapitalization , ஒன்றுபட்டது மாநிலங்களில் , கோஸ்டா ரிக்கா , கோஸ்டா ரிக்கன் , ஒன்றுபட்டது மாநிலங்களில் திவால்நிலை , டிரக்கிங் ஆம்ப் இரயில் பாதை ,

March 2021 Marks Best-Ever Month And First Quarter Sales For Kia In The U.S.

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IRVINE, Calif., April 1, 2021 /PRNewswire/ Kia Motors America (KMA) today announced its best-ever month and an all-time high for first quarter sales. Through March, Kia sales are up 9-percent over the previous first quarter high set in 2016. Finishing in record-setting fashion, Kia delivered 66,523 vehicles in March, with best-ever monthly performances by the K5 and Seltos.
March also saw Telluride continue its historic run, posting best-ever March sales a full two years after the model s introduction.
March 2021 Marks Best-Ever Month and First Quarter Sales for Kia in the U.S.
After outpacing the industry last year, Kia is on the move again in 2021 and setting sales records as more new customers discover the world-class design and quality built into every one of our sporty sedans and capable SUVs, said Sean Yoon, president and CEO of Kia Motors North America and Kia Motors America. The successful launches of the all ....

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Fake Amazon phone calls are fooling customers

A woman got a phone call from someone claiming to be from Amazon, warning of a possible fraudulent order. She later learned it was part of a phone scam. ....

Kimberly Moore , Scripps Media Inc , Waste Your , Scripps Media , கிம்‌பர்லீ மூர் , ஸ்கிரிப்ட்கள் மீடியா இன்க் , கழிவு உங்கள் , ஸ்கிரிப்ட்கள் மீடியா ,

Odyssey Semiconductor Technologies, Inc. (OTCQB: ODII) Raises $5 Million to Further Develop and Commercialize GaN Power Devices for Electric Vehicles and Solar Energy

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ITHACA, N.Y., April 1, 2021 /PRNewswire/
Odyssey Semiconductor Technologies, Inc. ( Odyssey , Odyssey Semiconductor , or the Company ), a semiconductor device company developing innovative high-voltage power switching components based on proprietary Gallium Nitride (GaN) processing technology, today announced it has raised $5 million (1.25 million shares at $4.00 per share) in a common stock private placement to further fund the development and production of high-voltage vertically-conducting GaN power-switching devices. GP Nurmenkari, as consulted by Intuitive Venture Partners, acted as the exclusive placement agent.
We welcome the new shareholders to Odyssey Semiconductor and their support in enabling more efficient and compact power conversion for applications such as electric vehicles, said Alex Behfar, Chairman and CEO of Odyssey Semiconductor. With the entire world focused on the adoption of clean energy and electric power, we re excit ....

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