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Month: May 2023

[Latest News] Thermoformed Plastics Market to Worth $59.74 Bn by 2027 | With 5.7% CAGR

The global thermoformed plastics market covered major segments By Plastic Type (Polyethylene, Polypropylene, Polystyrene, Polyvinyl Chloride, Acrylonitrile butadiene styrene, Biodegradable polymers), By Thermoforming Type (Vacuum Snapback, Thin Gauge Thermoforming, Thick Gauge Thermoforming, and Plug Assist Forming), By Application (Healthcare & Medical, Food Packaging, Electrical & Electronics), and more Pune, India, May 22, 2023 (GLOBE NEWSWIRE) — The global thermoformed plastics market size is expected to reach USD 59.74 billion by 2027, exhibiting a CAGR of 5.7% during the forecast period. The growing awareness about hygienic packaged food products is expected to foster healthy growth of the market, states Fortune Business Insights, in a report, titled “Thermoformed Plastics Market Size, Share & COVID-19 Impact...

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Armada Hoffler Finalizes the $215 Million Acquisition of The Interlock in Atlanta’s West Midtown

Company continues partnership with Georgia Tech to drive mission of economic development in Atlanta’s West Midtown VIRGINIA BEACH, Va., May 22, 2023 (GLOBE NEWSWIRE) — Armada Hoffler (NYSE: AHH) completed the previously announced $215 million addition to its greater Atlanta portfolio by closing the purchase of a Class A commercial mixed use development at The Interlock in West Midtown. In addition to serving as the general contractor of The Interlock, the Company was actively involved in the development in collaboration with SJC Ventures as a public-private partnership with Georgia Tech. “We are thrilled to complete this transaction, which is immediately accretive, reinforcing our core focus on prime mixed-use real estate,” said Louis Haddad, President and CEO of Armada Hoffler. “From the inception of the project, Georgia Tech...

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Mid Penn Bancorp, Inc. Completes Acquisition of Brunswick Bancorp

HARRISBURG, Pa., May 22, 2023 (GLOBE NEWSWIRE) — Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) today announced that its acquisition of Brunswick Bancorp (“Brunswick”) was completed after the close of business on May 19, 2023. In connection with the holding company merger, Brunswick’s banking subsidiary, Brunswick Bank &Trust Company, has been merged with and into Mid Penn’s subsidiary bank, Mid Penn Bank. The combined stock and cash transaction was valued at approximately $43.7 million and will extend Mid Penn’s footprint into Middlesex and Monmouth counties in central New Jersey. The consolidated assets of the combined company are valued at approximately $5 billion. “We are pleased to welcome Brunswick customers, employees and shareholders to Mid Penn and Mid Penn Bank,” Mid Penn President and CEO Rory G. Ritrievi said....

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Photocat issues guidance for 2023 and launches quarterly updates.

May 22th2023 Photocat issues guidance for 2023 and launches quarterly updates. Photocat board has decided to start publishing quarterly updates.In an effort to increase awareness Photocat will in the future provide a short update after their Q1 and Q3 results. Also Photocat will introduce an annual guidance for turnover and EBITDA. Photocat has reached revenue of mio 6,295 DKK for the first 4 months. The Nordic region contributed with 70% of revenue and the growth area RoW (Rest of World) contributed with 30%. The Nordic revenue is made from customers in Denmark, Finland, Iceland, Norway and Sweden. Whereas RoW is primarily revenue from Germany, Spain, and UAE. The guidance for 2023 is a turnover of mio 17-18,5 DKK, and a positive EBITDA of mio 0-1 DKK. For Q1 the company had a turnover of DKK 3,99 mio – and realized an EBITDA –mio –...

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Himax Technologies, Inc. to Participate at Upcoming Investor Conferences on June 7, 2023 and June 15-16, 2023

TAINAN, Taiwan, May 22, 2023 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that the Company will participate upcoming investor conferences.Eric Li, Chief IR/PR Officer of Himax, will participate the 7th Annual Needham Virtual Automotive Tech Conference on June 7, 2023 Mr. Li will also participate the BofA Securities 2023 Asia Conference held on June 15 – 16, 2023 at Bank of America New York OfficeThe Company management will host one-on-one or group meetings with interested investors during the conference dates. Conference participation is by invitation only and registration is mandatory. For more information on the conference or to schedule a one-on-one or group meeting, please...

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Nexstim Plc: Managers’ Transactions, Järnefelt

Company Announcement, Helsinki, 22 May 2023 at 10:30 AM (EEST) Nexstim Plc: Managers’ Transactions, Järnefelt Nexstim Plc (NXTMH:HEX) (“Nexstim” or “Company”) announces managers’ transactions as follows: Person subject to the notification requirementName: Gustaf JärnefeltPosition: Other senior manager Issuer: Nexstim OyjLEI: 743700S7ZI0LNMHZ6Y27Notification type: INITIAL NOTIFICATIONReference number: 32080/4/6 ____________________________________________Transaction date: 2023-05-17Outside a trading venueInstrument type: FINANCIAL INSTRUMENT LINKED TO A SHARE OR A DEBT INSTRUMENTName of the instrument: 2023A Nature of transaction: ACCEPTANCE OF A STOCK OPTION (X) Linked to stock option programme Transaction details(1): Volume: 15796 Unit price: 0 EUR Aggregated transactions (1): Volume: 15796 Volume weighted average...

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Bombardier Challenger 3500 Business Jet Makes European Debut at EBACE 2023

Bombardier’s Challenger 3500 Business Jet Bombardier Challenger 3500 Business Jet Makes European Debut at EBACE 2023The Challenger 3500 business jet, which will be on display at the European airshow, offers customers in the region a preview of Bombardier’s eco-design vision The Challenger 3500 aircraft boasts the first eco app* solution available in business aviation, optimizing flight plans for a reduced environmental footprint Passengers benefit from the ultimate cabin experience, with striking interior design, the widest cabin in its class, the renowned Nuage seat and the highly reliable Iridium Certus connectivityGENEVA, May 22, 2023 (GLOBE NEWSWIRE) — Bombardier will debut the award-winning Challenger 3500 business jet to the European market, as all gather at the 2023 European Business Aviation Convention and...

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Bombardier Achieves Important Milestones on EcoJet Research Project, Continues Industry-Defining Work Toward Sustainable Aviation

Bombardier’s EcoJet Research Project Bombardier’s EcoJet research project aims to develop and mature technologies to support a sustainable future for business aviation.Bombardier successfully completes initial flight testing phase on the EcoJet research project, using a model of a blended-wing-body aircraft. The subsequent phase of testing, focusing on flying a larger scaled model, is well underway. The EcoJet research project aims to develop and mature technologies to support a sustainable future for business aviation.GENEVA, May 22, 2023 (GLOBE NEWSWIRE) — Bombardier presented the progress made on its EcoJet research project, a research platform that aims to develop technologies with the goal of reducing aircraft emissions through a combination of advanced aerodynamics and propulsion enhancements. After several...

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Nexstim Plc: Managers’ Transactions, Juokslahti

Company Announcement, Helsinki, 22 May 2023 at 10:45 AM (EEST) Nexstim Plc: Managers’ Transactions, Juokslahti Nexstim Plc (NXTMH:HEX) (“Nexstim” or “Company”) announces managers’ transactions as follows: Person subject to the notification requirementName: Joonas JuokslahtiPosition: Chief Financial Officer Issuer: Nexstim OyjLEI: 743700S7ZI0LNMHZ6Y27Notification type: INITIAL NOTIFICATIONReference number: 32062/5/6 ____________________________________________Transaction date: 2023-05-17Outside a trading venueInstrument type: FINANCIAL INSTRUMENT LINKED TO A SHARE OR A DEBT INSTRUMENTName of the instrument: 2023A Nature of transaction: ACCEPTANCE OF A STOCK OPTION (X) Linked to stock option programme Transaction details(1): Volume: 15796 Unit price: 0 EUR Aggregated transactions (1): Volume: 15796 Volume weighted...

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Bombardier’s Certified Pre-Owned Aircraft Program Continues to Flourish, Showcases Pristine Challenger 605 Aircraft at EBACE 2023

Bombardier’s Certified Pre-Owned Challenger 605 aircraft Bombardier’s Certified Pre-Owned Challenger 605 aircraft on display at EBACEBombardier’s CPO program has established a dynamic premium category for customers in the pre-owned business jet market Customer interest has been overwhelmingly positive with several aircraft in service worldwide CPO aircraft carry an exclusive one-year OEM warranty* and are selected by the team, inspected and updated with refurbished interiors, latest avionics and connectivity enhancements, and freshly completed maintenanceGENEVA, May 22, 2023 (GLOBE NEWSWIRE) — Bombardier today presented for the first time its turn-key Certified Pre-Owned aircraft program (CPO) by showcasing a pristine Challenger 605 aircraft at the European Business Aviation Convention & Exhibition (EBACE). Launched...

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