Day: August 13, 2020

NEENAH, Wis., Aug. 13, 2020 (GLOBE NEWSWIRE) — Plexus (NASDAQ: PLXS) announced today that its Board of Directors has approved a new share repurchase program under which the Company is authorized to buy back up to $50 million of its common stock beginning upon expiration of the Company’s previous program.  This most recent authorization is expected to extend through fiscal 2021.  Patrick Jermain, Executive Vice President and Chief Financial Officer, commented, “We remain committed to maximizing shareholder returns and are pleased to announce the authorization of this program.  Coupled with our disciplined focus on delivering superior financial results, we believe that repurchasing Plexus stock, while considering market conditions, is an attractive use of our capital resources and provides an opportunity to enhance shareholder value.”The...

MIAMI, Aug. 13, 2020 (GLOBE NEWSWIRE) — Globe Specialty Metals, Inc., a subsidiary of Ferroglobe PLC (NASDAQ:GSM) (“GSM”), and Mississippi Silicon LLC (“MS”), collectively representing the majority of American silicon metal production, today announced that the U.S. International Trade Commission (“ITC”) will continue investigating the harm caused by imports of silicon metal into the United States. The announcement comes after Commissioners voted 5-0 that there is a “reasonable indication” that silicon metal imports from Bosnia and Herzegovina, Iceland, Malaysia and Kazakhstan are materially injuring the U.S. industry.The ITC’s preliminary decision follows a July 21, 2020 announcement that the U.S. Department of Commerce (“DOC”) would investigate unfair pricing and subsidies of these products.“Unfair and illegal trade practices can...

SANTA PAULA, Calif., Aug. 13, 2020 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced promotions for two senior executives.Robert Wedin has been promoted to Executive Vice President of Fresh Sales. Wedin joined Calavo in 1973 at the Company’s packinghouse in Santa Barbara and has served as Vice President, Sales and Fresh Marketing since 1993. Wedin has also served as a director of the California Avocado Commission and is currently a board and executive committee member of Producesupply.org, a consortium of leading produce suppliers who are working to facilitate E-commerce adoption in the produce supply chain. “Calavo is fortunate to have an executive of Rob’s caliber, with his deep knowledge of our business and the industry. Over his...

LOUDON, Tenn., Aug. 13, 2020 (GLOBE NEWSWIRE) — Malibu Boats™, the global leader in towboat sales, announces the release of its all-new Wakesetter 24 MXZ. Famous for its perfect wakes and waves, sharp styling mixed with cutting-edge technology, and the most spacious bow in the Malibu line, the 24 MXZ is bold and maximized. Many of the features and improvements introduced in the industry-changing 23 MXZ have made their way to the new 24 MXZ.“The 24MXZ has been a fan-favorite for years so we are ecstatic to release a completely new and more luxurious version for 2021,” said CEO Jack Springer. “It’s one of the most popular towboats in our industry because it has room for everyone to spread out, all of the industry-leading Malibu tech, a huge bow, and the incredible wave and wake performance Malibu customers expect. The 24 MXZ has it...

TORONTO, Aug. 13, 2020 (GLOBE NEWSWIRE) — Magna Gold Corp. (TSXV: MGR, OTCQB: MGLQF) (“Magna” or the “Company“) announces that its board of directors has approved the adoption of a new 10% rolling stock option plan (the “Plan“) to replace the Company’s existing fixed stock option plan. The Plan is subject to approval of the shareholders of the Company at the annual and special meeting of shareholders to be held on September 15, 2020 (the “Meeting“) in accordance with the policies of the TSX Venture Exchange (the “Exchange“), as well as the final acceptance of the Exchange. Further details and a copy of the Plan will be included in the management information circular for the Meeting.The Company also announces that it has granted a total of 2,350,000 incentive stock...

VANCOUVER, British Columbia, Aug. 13, 2020 (GLOBE NEWSWIRE) — Fancamp Exploration Ltd. (“Fancamp” or the “Corporation”) (TSX VENTURE: FNC) announces that Peter H. Smith has resigned as President and Chief Executive Officer of the Corporation, for personal reasons.Mark Billings, Chairman of the Board of Fancamp commented on behalf of the Corporation and the Board: “We wish to thank Peter for his dedication, vision and leadership over the years. He contributed immensely to Fancamp for over 30 years.”M. Smith has agreed to remain a director of the Corporation and will remain involved in the future as a consultant to the Corporation.About Fancamp Exploration Limited (TSXV: FNC)Fancamp is a public company using a value added strategy based on the acquisition of potentially valuable assets, adding value through the selection process itself...

BETHESDA, Md., Aug. 13, 2020 (GLOBE NEWSWIRE) — Liquidity Services, in partnership with Tiger Group and Perry Videx, is conducting an online auction of assets from PharMEDium, a manufacturer of ready-to-use-compounded sterile preparations, from two syringe-filling and sterile drug compounding plants in Tennessee and Texas. Assets will be sold through online auction marketplace, AllSurplus.com, with bidding closing on August 18-19, 2020 for assets located in Tennessee. and on August 26, 2020 for assets located in Texas.The auction series features two events for assets including new and late-model injectable filling, packaging, labeling and capping lines, along with a wide selection of laboratory, plant support, and material handling/warehouse equipment. Additionally, the auction includes laboratory and office furniture and fixtures,...

BILLERICA, Mass., Aug. 13, 2020 (GLOBE NEWSWIRE) — Conformis, Inc. (NASDAQ:CFMS) announced today that the Company has appointed Farzin Khaghani as its new VP, US Marketing.“We are very pleased to announce that Farzin Khaghani has rejoined our team as VP, US Marketing. Farzin’s product expertise and track record of successfully supporting strategic goals and attracting new surgeon users to the Conformis family will help us continue our successful market expansion,” said Mark Augusti, President and Chief Executive Officer.  “I look forward to the contributions Farzin will make as a member of Conformis’ team.”Farzin KhaghaniFarzin Khaghani is an executive with more than 20 years of experience in orthopedic sales and marketing, medical device, and information technology industries and has a track record of developing, mentoring, and...

Achieved over $26M revenue for first six months of 2020 despite conditions resulting from COVID-19.Large Food Industry Orders received in late June have already been delivered in 3rd quarter.Launched advanced AI-based solutions including the patented automatic High Occupancy Vehicles Violation Detection System.Breakthrough AI-based Public Safety projects in Schools and Universities.SALT LAKE CITY, Aug. 13, 2020 (GLOBE NEWSWIRE) — OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced its second quarter financial results for the three and six-month period ended June 30, 2020.Shai Lustgarten, CEO, commented “We’re living through an unprecedented time, and we are encouraged by our success in achieving sales of over $26M for the six months ended...