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Arca Continental Drives Binational Partnership To Preserve the Rio Grande River
Businesswire· 2025-10-15 15:00
Core Points - Arca Continental is leading a binational initiative to clean the Rio Grande River, collaborating with Laredo, Texas, and Nuevo Laredo, Tamaulipas, Mexico [1][4] - The project has successfully removed over 5,000 pounds of waste from the river, benefiting more than 675,000 residents in both cities [2][3] - The litter boom technology used in this initiative captures debris and improves water quality, supporting local ecosystems [3][4] Company Overview - Arca Continental is one of the largest Coca-Cola bottlers globally, with a history of over 99 years and operations across multiple countries [5] - The company serves a population of over 128 million in regions including northern and western Mexico, Ecuador, Peru, northern Argentina, and the southwestern United States [5] - Arca Continental is publicly traded on the Mexican Stock Exchange under the symbol "AC" [5]
Cooper Standard's Industrial & Specialty Group to Be Featured on Inside the Blueprint®
Prnewswire· 2025-10-15 12:30
Core Insights - Cooper Standard's Industrial & Specialty Group (ISG) will be featured on the television series Inside the Blueprint, highlighting its innovative solutions across various industries [1][2][3] Group 1: Company Overview - Cooper Standard is a leading global supplier of sealing and fluid handling systems, with a presence in 20 countries and approximately 22,000 team members [5] - The ISG focuses on accelerating growth in non-automotive and specialty markets, leveraging significant investments in technology and innovation [5] Group 2: Media Feature - The Inside the Blueprint segment will air on FOX Business on October 18 at 3 p.m. ET and on Bloomberg on October 19 at 4 p.m. ET, reaching millions of viewers [2] - The segment will showcase ISG's approach to developing customized solutions that enhance performance and efficiency in various applications, including transportation, HVAC, and agriculture [3][4] Group 3: Innovation and Growth - ISG emphasizes its commitment to innovation and sustainability, with plans to participate in industry trade shows like Glassbuild America and AHR Expo [4] - The feature on Inside the Blueprint reflects ISG's collaborative spirit and its role in shaping the future of industries through high-performance solutions [4]
NeoVolta Closes Neubau Energy Asset Purchase to Launch neuClick™ Modular Battery Platform
Globenewswire· 2025-10-15 12:30
Core Insights - NeoVolta Inc. has successfully acquired strategic assets from Neubau Energy, enhancing its product offerings and revenue potential [1] - The company aims to secure over 1,000 pre-orders for its neuClick™ battery modules by the end of 2025, with shipments set to commence in January 2026 [2][7] - The neuClick™ platform features a modular design that allows for quick installation and scalability, significantly reducing deployment and maintenance costs [3][6] Company Overview - NeoVolta designs and manufactures advanced energy storage systems aimed at promoting energy independence and sustainability for homeowners and businesses [4] - The company's products are compatible with solar systems, ensuring continuous power during outages and maximizing returns on solar investments [4] Product Features - The neuClick™ system integrates battery, inverter, and communications into a compact unit that can be installed by a licensed electrician in under 30 minutes [2][5] - Each module offers scalable capacity ranging from 10 kWh to 15 kWh, with stackable configurations up to 60 kWh for residential and light commercial use [2] - The platform utilizes industry-leading lithium-iron-phosphate (LFP) cells, providing high energy density and enhanced safety [6] Strategic Advantages - The acquisition of Neubau Energy's assets is expected to improve NeoVolta's market reach, gross margins, and domestic content mix, which will help mitigate the impact of anticipated tariffs in 2026 [1][5] - The neuClick™ platform is designed to drive efficiency across the entire value chain, from manufacturing to installation and long-term service [3]
JBDI Holdings Reports Financial Results for Fiscal Year Ended May 31, 2025
Globenewswire· 2025-10-15 11:00
Core Viewpoint - JBDI Holdings Limited reported a decline in financial performance for FY 2025, with total revenue decreasing by 10.1% due to reduced demand for reconditioned containers and increased operational costs, despite achieving significant cash reserves from its IPO [2][3][4]. Financial Performance - Total revenue for FY 2025 was $8.4 million, down from $9.4 million in FY 2024 [2][5]. - The company recorded a net loss of $2.7 million in FY 2025, compared to a net loss of $1.0 million in FY 2024, reflecting increased administrative expenses and revenue contraction [3][5]. - Gross profit decreased to $3.4 million with a gross margin of 39.7%, down from 45.5% in FY 2024 [3][5]. Revenue Breakdown - Revenue from reconditioned containers accounted for 63.1% of total revenue, totaling $5.3 million, which was a 15.6% decrease from FY 2024 [6]. - Sales of new containers increased by 13.7% to $755,000, while reconditioning services and sales of recycled materials showed slight declines [6]. - Singapore remained the primary market, contributing 87.9% of total revenue, although this was a decrease from the previous year [7][8]. Operating Expenses - Operating expenses rose to $6.3 million, primarily due to increased legal and professional fees related to the IPO [9]. - Administrative expenses accounted for 72.6% of revenue, reflecting a significant increase from FY 2024 [9]. Balance Sheet and Liquidity - As of May 31, 2025, JBDI held cash and cash equivalents of $2.7 million, a substantial increase from $0.2 million at the end of FY 2024 [4][12]. - Current assets totaled $4.8 million, with current liabilities at $2.4 million, indicating a healthy liquidity position [11][12]. Management Commentary - The CEO highlighted challenges in demand and cost pressures but noted progress through the IPO, which strengthened the balance sheet and positioned the company for future growth [13]. - The company aims to enhance operational efficiency and expand its services in line with sustainability trends [13]. Outlook - JBDI anticipates gradual revenue recovery driven by renewed customer demand and cost optimization initiatives, with plans to invest in supply chain resilience [14].
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BitMart· 2025-10-15 03:49
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African vs. Western design: Building belonging | Adonia Mankou Yanate | TEDxUniversityofPretoria
TEDx Talks· 2025-10-14 15:17
Across Africa, our cities are rising fast. Towers of glass, highways of concrete, imported blueprints are all over the land. At first glance, this looks like progress.But I'd love to ask you, progress for who. And progress that looks like what. Because while our cities look modern, they often don't feel African.We're building for appearances and not for belonging. I'd like to challenge you today to see that design is not neutral. Because the way we built today will impact the way generations of Africans liv ...
Rolling Stone Started the Chorus and SMX Ended It with an Ultimate Mic Drop (NASDAQ:SMX)
Accessnewswire· 2025-10-14 15:00
Core Insights - Rolling Stone has entered the sustainability conversation, emphasizing the need for tangible proof over mere promises regarding plastic use [1] Group 1 - The article highlights a significant cultural shift towards sustainability, indicating that actions are now valued more than promises in addressing environmental issues [1] - The phrase "Plastic promises are dead and proof is the new flex" suggests a growing demand for accountability and measurable results in sustainability efforts [1]
Frieze Director Eva Langret Is Steering The Art Fair Through A Time Of Change
Forbes· 2025-10-14 14:17
Core Insights - Frieze has evolved into a significant global art fair, expanding its reach and influence over the past two decades, now hosting events in multiple cities worldwide [2][3] - The fair aims to balance commercial interests with cultural depth, fostering a space for dialogue and experimentation in the arts [3][9] Frieze's Evolution and Vision - Since its inception in 2003, Frieze has become a cultural barometer and a marketplace for artists and galleries [2] - Eva Langret, the director for Europe, the Middle East, and Africa, emphasizes the importance of connection and sustainability in the fair's development [4][9] - The fair has adapted to changes in the art world, focusing on nurturing the ecosystem that supports artistic growth [4][10] Diversity and Representation - Diversity is a core value embedded in the fair's structure, influencing curation and participation [5][7] - Initiatives like "Artist-to-Artist" support emerging artists and promote diverse voices within the art community [6][10] Role of Art in Society - Frieze positions itself as a civic space for open dialogue, allowing complex conversations to occur through art [7][8] - The fair aims to support artists and galleries that take risks, thereby protecting freedom of expression [8][9] Sustainability Efforts - Sustainability is a strategic priority for Frieze, addressing environmental impact through various initiatives [11][12] - The fair is committed to reducing carbon emissions and promoting social and cultural responsibility [12][13] Local and Global Identity - Frieze maintains a balance between London's local cultural identity and its international scope, welcoming galleries from over 40 countries [10][11] - The fair reflects London's creative energy while connecting it to global conversations in contemporary art [10][11]
DTE Energy releases annual Sustainability Report, showcasing progress toward cleaner, more reliable and affordable energy
Prnewswire· 2025-10-14 13:12
Core Insights - DTE Energy has released its 2024 Sustainability Report, showcasing its progress in generating cleaner, reliable, and affordable energy [1][2] - The report emphasizes the company's commitment to sustainability, operational goals, and positive community impact, while outlining future objectives such as eliminating coal use by 2032 and achieving net-zero carbon emissions [2] Company Overview - DTE Energy is a diversified energy company based in Detroit, serving 2.3 million electric customers and 1.3 million natural gas customers in Michigan [4] - The company is focused on custom energy solutions, renewable energy generation, and energy marketing and trading, while accelerating its carbon reduction goals [4]
Edible Garden Now Available at Kroger’s
Globenewswire· 2025-10-14 12:30
Core Insights - Edible Garden AG Incorporated has begun shipping fresh potted and cut herbs to Kroger, marking a significant expansion in its distribution network and commitment to sustainable growth [2][4]. Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce [5]. - The company operates advanced vertically integrated greenhouses and processing facilities in multiple locations, including New Jersey, Michigan, and Iowa [5]. - Edible Garden's products are available in over 5,000 retail locations across the U.S., Caribbean, and South America [5]. Strategic Initiatives - The partnership with Kroger aligns with Edible Garden's Zero-Waste Inspired® mission and Kroger's Zero Hunger | Zero Waste initiative, emphasizing a shared commitment to sustainability and community-focused food systems [4]. - The company utilizes proprietary technologies, such as the GreenThumb 2.0 software and patented Self-Watering displays, to enhance product freshness and reduce environmental impact [6]. Product Offerings - Edible Garden offers a variety of fresh herbs, nutrition products, and specialty food items, including plant and whey protein powders, gourmet sauces, and fermented products [7]. - The company is recognized as a FoodTech 500 firm and is involved in Walmart's Project Gigaton sustainability initiative [7].