Day: November 18, 2021

Xin Wu, Amlan InternationalXin Wu, Amlan InternationalCHICAGO, Nov. 18, 2021 (GLOBE NEWSWIRE) — Animal protein producers in northern China have further support available to help them improve animal health and production economics with Xin WU joining the Amlan International team as Technical Sales Manager (North). Xin has joined Amlan Trading (Shenzhen) Company Ltd., which is a subsidiary of Amlan International that began operating in China in 2013. Poultry and swine producers in China are currently experiencing high feed costs and increased demand for natural, antibiotic-free protein. This makes it even more important for producers to have access to natural drug-free feed additives that can maintain health and improve performance while adding value. As the animal health business of Oil-Dri® Corporation of America,...

New Directors Will Bring Additional HR, Tech, Marketplace, and Operational Expertise to Angi Board DENVER, Nov. 18, 2021 (GLOBE NEWSWIRE) — Today, Angi (NASDAQ: ANGI) the leading and comprehensive solution for everything home, announced the appointment of Sandra Buchanan Hurse, Managing Director, Chief Human Resources Officer of GCM Grosvenor, and Jeremy G. Philips, general partner of Spark Capital, to its Board of Directors. The Angi board evaluates its membership and composition regularly to ensure it is representative of its customers and includes the necessary skills, experience, and perspective to drive continued growth for shareholders. “We are pleased to welcome Ms. Hurse and Mr. Philips to the Angi board and know their experience, expertise and perspective will positively influence the future of Angi,” said Oisin Hanrahan,...

MONTERREY, Mexico, Nov. 18, 2021 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that Envoy Solutions, FEMSA’s specialized distribution subsidiary in the United States, reached an agreement to acquire Johnston Paper Company, Inc., (“Johnston Paper”), an independent specialized distribution company based in Auburn, New York. Johnston Paper will enhance Envoy Solutions´ existing footprint in the Northeast by increasing its reach into the Upstate New York area. This transaction represents another important step in FEMSA’s strategic path to build a leading national distribution platform in the United States. Revenues of the acquired business for the last twelve months as of October 2021, were over US$ 90 million. The transaction is subject...

SCOTTSDALE, Ariz., Nov. 18, 2021 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE:MTH), the sixth-largest homebuilder in the U.S., today announced the release of its inaugural Environmental, Social and Governance (“ESG”) report to increase transparency of its ESG strategy and initiatives as well as related key performance metrics. The 2020 ESG report also highlights the Company’s ongoing approach to long-term sustainability practices, diversity, equity and inclusion (“DE&I”) efforts and milestones achieved during the year. The company intends to provide annual updates to its ESG reporting. Environmental, social and governance matters are central to our strategy and integrated into our everyday business operations,” said Steven J. Hilton, executive chairman of Meritage Homes. “While we have been sharing our ESG-related performance...

NEW YORK, Nov. 18, 2021 (GLOBE NEWSWIRE) — Mountain Crest Acquisition Corp. V (NASDAQ: MCAGU, the “Company”) announced today that the underwriters in its initial public offering, pursuant to the terms of the underwriting agreement, fully exercised their over-allotment option and, on November 18, 2021, purchased 900,000 units, generating additional gross proceeds of $9,000,000. Each unit consists of one share of common stock and one right to receive one-tenth of one share of common stock upon the consummation of an initial business combination. The total aggregate issuance by the Company of 6,900,000 units at a price of $10.00 per unit resulted in total gross proceeds of $69,000,000.  The units are listed on The NASDAQ Capital Market (“NASDAQ”) and began trading under the ticker symbol “MCAGU” on November 12, 2021. Once the securities...

NASHVILLE, Tenn., Nov. 18, 2021 (GLOBE NEWSWIRE) — Truxton Trust Company announced that Samuel F. Carden, CFA, has joined the firm as Associate Portfolio Manager, Wealth Management Services. Having previously worked in equity research at Jefferies, corporate banking at Regions Bank, and counterparty risk at UBS, Mr. Carden brings valuable experience to our team. He earned his Bachelor of Science in Finance with a specialization in Investment Management and minor in Computer Technology & Applications from the University of Alabama. Additionally, Mr. Carden holds the Chartered Financial Analyst® designation and is an active member of the CFA Society of Nashville. “Certainly, Sam’s considerable technical expertise are impressive but his desire to help our team create good outcomes for our clients is just as important. We are...

MALVERN, Pa., Nov. 18, 2021 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) (the “Company” or “CubeSmart”), the third-largest owner and operator of self-storage properties in the United States, today announced that its operating partnership, CubeSmart, L.P. (the “Operating Partnership”), priced an offering of $550 million aggregate principal amount of 2.25% senior unsecured notes due 2028 (the “2028 Notes”) and $500 million aggregate principal amount of 2.50% senior unsecured notes due 2032 (the “2032 Notes” and together with the 2028 Notes, the “Notes”) in an underwritten public offering. The 2028 Notes were priced at 99.515% of the principal amount with a yield to maturity of 2.325%, and the 2032 Notes were priced at 99.219% of the principal amount with a yield to maturity of 2.587%. The Notes will be fully and unconditionally guaranteed...

MILLERSBURG, Pa. and HARRISBURG, Pa., Nov. 18, 2021 (GLOBE NEWSWIRE) — Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) and Riverview Financial Corporation (“Riverview”) (NASDAQ: RIVE) announced today that shareholders from both Mid Penn and Riverview overwhelmingly approved Mid Penn’s proposed acquisition of Riverview at special meetings of their respective shareholders held on November 18, 2021. “The level of support for this transaction was tremendous,” said Rory G. Ritrievi, President and CEO of Mid Penn Bancorp, Inc. “Of the total number of votes received, over 98% of Riverview shares voted in favor of the merger and more than 98% of Mid Penn shares also voted in favor of the merger.” The merger will extend Mid Penn’s footprint into attractive new markets, including the Lehigh Valley and State College region, and will expand...