Company Expansion
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Alphabet plans major India expansion as US tightens visa rules, Bloomberg News reports
Reuters· 2026-02-03 18:07
Google-parent Alphabet is planning to dramatically expand its presence in India, with the possibility of taking millions of square feet in new office space in Bengaluru, India's tech hub, Bloomberg Ne... ...
Oxxo USA names new CEO to drive US expansion
Yahoo Finance· 2026-01-29 09:21
Group 1 - Oxxo USA has appointed Jaime Longoria as CEO, succeeding Hal Adams, who retired after leading the company's U.S. expansion efforts [6][5] - Longoria has been with FEMSA for about two decades and previously held various positions, including CEO of Oxxo Gas [7][6] - The company's strategy aims to establish a presence from the Southwest to the Southeast U.S., with ambitions to become a significant player in the North American market [4][3] Group 2 - The leadership change is part of FEMSA's strategy for growth and operational continuity in the U.S. market [5][6] - Longoria expressed pride in bringing Oxxo's culture and people-centered approach to the U.S. expansion [8][6] - Oxxo's expansion into the U.S. is a central topic in the convenience store industry [6]
What's Going On With Ensign Group Stock Tuesday? - Ensign Group (NASDAQ:ENSG)
Benzinga· 2025-12-02 17:13
Core Insights - The Ensign Group, Inc. has announced a series of acquisitions in Colorado, Kansas, and Arizona, enhancing its presence in skilled nursing and expanding its footprint in fast-growing regional markets [1][7] Group 1: Acquisitions Overview - Ensign acquired The Rehabilitation Center at Sandalwood and Edgewater Health and Rehabilitation in Colorado, adding 172 beds to its portfolio [2] - In Kansas, the company secured Willow Point Rehabilitation and Nursing Center, a 45-bed facility, enhancing its regional services [4][5] - The acquisition of Santa Rosa Care Center in Tucson, Arizona, adds 144 beds and strengthens Ensign's position in a mature market [6] Group 2: Strategic Comments - CEO Barry Port emphasized that the acquisitions align with growth trends in Colorado and enhance the company's Kansas portfolio [3][5] - The president of Endura Healthcare highlighted collaboration with existing teams to improve care quality in Colorado [3] - The president of Gateway Healthcare noted plans to work closely with caregivers to elevate post-acute care quality in Kansas [5] Group 3: National Footprint - Following the acquisitions, Ensign now operates 373 healthcare facilities across 17 states, including 47 senior living locations [7] - The company’s subsidiaries own 156 real estate assets, reaffirming its strategy to pursue both performing and distressed skilled nursing and senior living opportunities nationwide [7]
Alstom to expand Plattsburgh workforce to meet NJ Transit rail car order
Yahoo Finance· 2025-11-03 17:38
Core Insights - Alstom plans to recruit nearly 120 new manufacturing employees at its Plattsburgh, New York facility to meet increased demand for rail cars, specifically for a contract to produce 374 commuter rail cars for NJ Transit [1][2] Group 1: Workforce Expansion - The recruitment will focus on individuals with skills in assembly, crane operations, welding, and industrial painting [1] - Currently, the Plattsburgh plant employs about 350 people, contributing to Alstom's global workforce of over 86,000 [2] Group 2: Production History and Contracts - Alstom has been operating in the Adirondack region since 1995, producing 4,000 cars for the New York City subway and over 1,000 for the San Francisco Bay Area Rapid Transit [3] - The company recently began producing ten additional trains for Transport for London's Elizabeth line at its facility in Derby, UK [3] - A £220.5 million ($293.9 million) contract for new Class 345 Aventra electric multiple units involves nearly 40 British companies and supports over 1,000 jobs [4]
Red Rock Resorts outlines $385M Durango expansion with 400 new slots while extending share repurchase program to 2027 (NASDAQ:RRR)
Seeking Alpha· 2025-10-29 01:52
Core Insights - The article discusses the importance of enabling Javascript and cookies in browsers to prevent access issues [1] Group 1 - The article highlights that users may be blocked from proceeding if an ad-blocker is enabled [1]
Landmark Structures Expands Operations in Burlington with New CAD Design Office, Supporting Growth in Water Infrastructure Engineering
Globenewswire· 2025-10-28 13:10
Core Insights - Landmark Structures is expanding its CAD Design Office to accommodate a growing team and enhance collaboration for water infrastructure projects across North America [2][4] - The new facility is strategically located to improve accessibility and support operational continuity between teams [2][4] - The office will feature amenities aimed at enhancing employee wellness and work-life balance, including a fitness center and recreational facilities [3] Company Overview - Landmark Structures, founded in 1974, specializes in water storage design, engineering, and construction, serving industrial, military, and municipal markets in both the U.S. and Canada [5] - The company is positioned for continued growth with its expanded office space and enhanced capabilities to attract top talent [2][4]
Birkenstock Promises Bigger 2025 Sales
Yahoo Finance· 2025-09-25 12:29
Core Viewpoint - Birkenstock Holding plc has reaffirmed its outlook and projected stronger-than-expected revenue for fiscal 2025, despite missing revenue forecasts in the third quarter [1][2]. Financial Performance - The company expects to generate at least 2.09 billion euros (~$2.25 billion) in fiscal 2025 revenue, exceeding its previous guidance [3]. - For the fourth quarter, Birkenstock projects sales of at least 520 million euros, reflecting a 14% increase on a reported basis and an 18% increase in constant currency [4]. - The adjusted EBITDA margin forecast remains stable at 31.3% to 31.8% [4]. Strategic Developments - Birkenstock has signed an agreement to acquire a production and logistics facility near Dresden for 18 million euros, which spans 78,000 square meters of developed space and an additional 80,000 square meters of land [5]. - The acquisition is part of the company's strategy to expand production capacity across Europe and is expected to be operational by fiscal 2027 [5][6]. Market Reaction - Following the positive guidance, Birkenstock shares traded higher, increasing by 4.76% to $47.50 in premarket trading [6].