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Foremost Lithium appoints new Chief Financial Officer

September 7, 2023 2:36 pm
Hard-rock lithium exploration company Foremost Lithium Resource & Technology Ltd said on Thursday that it had appointed Bal Bhullar as its next Chief Financial Officer and Corporate Secretary, effective September 7th. Bhullar is to succeed Cyrus Driver, who is parting ways with the firm in pursuit of other interests. Bal Bhullar has over 25 years […] Read more

ASSA ABLOY buys Lawrence Hardware and Gallery Specialty

September 7, 2023 12:41 pm
Swedish conglomerate ASSA ABLOY said on Thursday that it had acquired Lawrence Hardware and Gallery Specialty, Canada-based providers of commercial hinges, locksets, exit devices and door hardware accessories. Lawrence Hardware was established in 1876, while Gallery Specialty – in 1989, with the two firms together employing about 50 people. “I am very pleased to welcome […] Read more

Applied Industrial Technologies announces strategic investment

September 5, 2023 2:45 pm
Applied Industrial Technologies said on Tuesday that it had acquired both Bearing Distributors Inc and Cangro Industries Inc, providers of bearings, power transmission, industrial motion and related service and repair capabilities. Bearing Distributors is based in Columbia, South Carolina, while Cangro Industries – in Long Island, New York. Bearing Distributors has a team of over […] Read more

Nissan to delay “Kicks” SUV production in Mexico until June

September 5, 2023 12:34 pm
According to a report by the Nikkei newspaper on Tuesday, Nissan Motor Co Ltd (7201) will push back the start of production of its next “Kicks” sport-utility vehicle in Mexico by at least six months since mold components were stolen at a domestic supplier. The remodeled “Kicks” SUV production had been expected to begin in […] Read more

Bitcoin Depot’s BDCheckout now available at 400 new sites

August 31, 2023 2:36 pm
Bitcoin ATM operator Bitcoin Depot said on Thursday that it would expand its BDCheckout program into Iowa and Louisiana via ongoing partnership with InComm Payments. Introduced last year, BDCheckout is an app-based experience that facilitates a convenient way for users to load cash to their Bitcoin Depot digital wallets right at the cash register. Under […] Read more

EVgo and Amazon launch EV charging experience with Alexa

August 31, 2023 12:10 pm
EVgo Inc on Thursday announced the introduction of an Alexa-enabled electric vehicle charging experience with Amazon. Drivers of Alexa-enabled vehicles and automotive accessories such as Echo Auto will now be able to ask Alexa to assist them in finding and navigating to nearby EV charging sites. “The customer experience begins well before a driver arrives […] Read more

1847 Holdings to buy US premier consumer products firm

August 30, 2023 2:57 pm
1847 Holdings LLC said on Wednesday that it had signed a definitive agreement to acquire a premier consumer products firm in the United States (the “Target”). The acquisition is to be financed without the issuance of any common stock or dilutive equity, 1847 Holdings said. The above mentioned company generated unaudited revenue of $20 million […] Read more

Aramark appoints Chris Synek as Chief Operating Officer

August 30, 2023 12:35 pm
Aramark, a leading company in food, facilities management and uniforms, said on Wednesday that it had appointed Chris Synek as its Chief Operating Officer, effective September 11th. In this newly created COO role, Synek will head Sales, Marketing, Supply Chain, Logistics, Service and Plant Operations and will report to Kim Scott, Aramark’s President and Chief […] Read more

TSR Board of Directors to explore strategic alternatives

August 29, 2023 12:36 pm
TSR Inc, which provides information technology consulting and recruiting services, said on Monday that its Board of Directors had embarked on a process to identify and evaluate potential strategic alternatives aimed to maximize shareholder value. The company will consider a variety of options, including divestitures, acquisitions or a special dividend, it said. Focus Investment Banking […] Read more

Guild Mortgage buys First Centennial Mortgage

August 28, 2023 12:27 pm
Mortgage lending company Guild Mortgage on Monday announced the acquisition of Illinois-based First Centennial Mortgage, a privately held residential mortgage lender with branches mostly located in the Midwest. However, the financial details of the acquisition remained undisclosed. First Centennial Mortgage was established by brothers Steven and David McCormick in 1995. The company has recently been […] Read more