Day: March 14, 2023

HARRISBURG, Pa., March 14, 2023 (GLOBE NEWSWIRE) — Mid Penn Bancorp, Inc. (Mid Penn) (NASDAQ: MPB), headquartered in Harrisburg, Pennsylvania, is pleased to announce the appointment of Mr. Bruce A. Kiefer to its Board of Directors, effective March 10, 2023. Mr. Kiefer has worked as a chemist at The Hershey Company since 1984, holding various scientific and managerial roles within the company. In this capacity, Mr. Kiefer oversees the Laboratory Information Management System database and serves as the company’s Chemical Hygiene Officer. He is also a managing partner of Lawrence Keister & Co. Mid Penn Chair, President, and CEO Rory G. Ritrievi stated, “We are delighted to welcome Bruce to our Board of Directors. I am confident that his professional credentials combined with his active community involvement will make a tremendous...

MCLEAN, Va., March 14, 2023 (GLOBE NEWSWIRE) — The Freddie Mac (OTCQB: FMCC) Multifamily Apartment Investment Market Index® (AIMI®) fell by 7.6% in the fourth quarter of 2022, with the index down 25.8% year over year. AIMI decreased nationwide and in all 25 markets on both a quarterly and annual basis, driven primarily by rising mortgage interest rates. The nation and 22 markets experienced their sharpest annual AIMI decline in the history of the index. “The extraordinary increase in mortgage rates drove the decline in AIMI as 2022 concluded,” said Steve Guggenmos, vice president of Research & Modeling at Freddie Mac Multifamily. “Rising rates and slowing property cash flows impacted investment conditions, despite the fact that Multifamily fundamentals that drive property cash flows are not expected to weaken significantly.” Over...

Announcement no. 2 2023 Contain insider information Copenhagen – 14 March 2023 – Agillic A/S (Nasdaq First North Growth Market Denmark: AGILC) welcomes Norwegian Viking Venture as new shareholder and announces the addition of DKK 22,493,709 in new share capital to focus on growth. Viking Venture will acquire 20.48% of the shares in Agillic, equivalent to 2,265,975 shares. The shares acquired will be a combination of existing shares acquired from six existing shareholders and issuing of new shares. Agillic will issue 801,058 new shares of DKK 0.1 each at a market price per share of DKK 28.08 equivalent to aggregate gross proceeds of DKK 22,493,709. The new shares will represent a nominal value of DKK 80,105.80 and an increase of Agillic’s share capital by 7.81%. The new shares will be issued without pre-emptive rights for existing shareholders...

The Two Companies Have Complementary Approach to Developing and Deploying Unmanned Aerial Vehicles SAN JUAN, Puerto Rico, March 14, 2023 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a military technology company integrating robotic hardware and software to protect and support the warfighter, has made a materially significant financial investment in Firestorm, an American company developing the first completely Modular Unmanned Aerial System (MUAS) that is 3D printed and payload agnostic. Firestorm is building a new category of fixed-wing UAS with 30-day product iterations, a commitment to open-system architectures, and an additive manufacturing approach that allows them to scale production in an elastic manner.  “Firestorm is changing how UAV’s can be designed, manufactured, and delivered...

Shyft Nashville Operation The Shyft Group today announced a new service body operation in Lebanon, Tennessee. The purpose-built, 70,000-square-foot facility will serve as a sales branch as well as operations for upfit, mounting, fabrication, undercoat and paint services to Shyft’s service body and accessory brands including Royal® Truck Body, DuraMag®, Magnum™ and police car upfit and light accessories from Strobes-R-Us.Brings four Shyft brands together in fast-growing Nashville area to serve Southeastern U.S. market Serves as regional distribution center for newest Royal XP Service Body launched at NTEA Work Truck Week Includes upfit, mounting, fabrication, undercoat and painting services NOVI, Mich., March 14, 2023 (GLOBE NEWSWIRE) — The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle...

FLORHAM PARK, N. J., March 14, 2023 (GLOBE NEWSWIRE) — BASF has announced the company will continue its more than $100,000 sponsorship of the Women in Manufacturing Association (WiM) in 2023. The sponsorship supports events, development programs and donations to five state chapters of the association with local BASF representatives in leadership roles. “WiM’s programming is a fantastic way for women who have chosen a career in the manufacturing industry to develop their leadership skills and network with other women,” said Cara Madzy, BASF’s Vice President of Coatings Americas and WiM Board Member. “At BASF, we have set a target to increase women in leadership to 30%, and this partnership complements our internal programming to help our future leaders get there.” WiM is the only national and global trade association dedicated to...