Transportation

Airlines Automotive Electric Vehicles Logistics Maritime
News Release Digital Asset Direct

Minuteman Press Franchise Owner Steve Edman Celebrates 15 Years in Houston

Minuteman Press International Inc

When it comes to operating his Minuteman Press franchise in Houston over the past 15-plus years, Steve Edman keeps it simple and sticks to what has made him successful as a small business owner. He says, “Our success and longevity can be attributed to having fantastic employees, 3 full-time and 1 part-time. I also personally stay proactive with visiting and delivering excellent printed products to our customer base.” Steve adds, “We’ve grown our business by consistently providing quality print and quick turnaround. We provide all things printing such as booklets and manuals, as well as marketing and mailing services. Whatever our customers need, we can provide.” Minuteman Press in Houston/Bellaire is located at 4662 Beechnut Street; Steve describes his business community as “positive and appreciative.” He further shares, “I originally started in the beer business for the largest wholesaler in the world as a Driver Salesman. I retired after 24 years as a Regional Manager, and then decided to buy this business. Thanks to our hard work and building real relationships with our clients, here I am 15 years later and counting.” Steve also credits being part of the Minuteman Press franchise family for supporting him along the way. He says, “Minuteman Press International is very supportive. They give me the toolbox to be successful and I have the choice to pick and choose what will help me succeed in my local market. I appreciate their local and corporate support teams that are always there for me when I need them.” “I’d like to congratulate Steve Edman for his continued dedication to the Bellaire business community and his clients for over 15 years. I look forward to continuing to support Steve and his staff as he continues to build his business,” adds Erick Rios, Minuteman Press International Area Manager, Houston. Ultimately, as he reflects on the past 15-plus years, Steve is happy with his decision to change industries following his career retirement and buy a printing business. He shares, “Printing remains vital today because it puts your products, messaging, and brand directly in the customer’s hands. We love meeting our clients’ needs by providing high quality printed products that help them reach out to and engage with their target audiences.” Steve adds, “I get great satisfaction from making those deliveries and providing the finished products to my clients. I am also very gratified with being able to build my business and reap the rewards.” As for what advice he would give to other business owners, Steve keeps it simple again and offers some poignant advice: “Hit the streets, hire the right people, and always follow up with the customer so you can learn from them. That is what has always worked for me.” Steve Edman’s Minuteman Press franchise is located in the Bellaire area at 4662 Beechnut St., Houston, Texas 77096. For more information, call 713-490-9500 or visit their website: https://minuteman.com/us/locations/tx/bellaire/ Learn more about #1 rated Minuteman Press franchise opportunities and see Minuteman Press franchise reviews at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

October 05, 2022 10:00 AM Eastern Daylight Time

Image

First MOKE Now Fablink — EV Technology Group Is Redefining EV Production And Strategy

EV Technology Group

EV Technology Group Ltd. (NEO: EVTG) (OTCQB: EVTGF) (EV Technology Group or the Company) is a new company entering the electric vehicle (EV) production race, but with a promisingly different strategy. Unlike many companies like Rivian Automotive Inc. (NASDAQ: RIVN) that are focused on creating futuristic designs and models, EV Technology Group’s strategy is to electrify already iconic brands. EV Technology Group draws inspiration from Louis Vuitton CEO Bernard Arnault. Arnault would acquire what he called “sleeping beauty” brands like Christian Dior and catapult them into a new era of success. Arnault’s inspiration has already helped drive proven success for EV Technology Group. In July, the Company entered a definitive agreement with the shareholders of MOKE International Ltd. to acquire up to 100% of the company and helped introduce the Electric MOKE to the market. Since partnering with MOKE International, EV Technology Group has created the Electric MOKE, showed it at the Cannes Film Festival and most recently distributed it at luxury department store Le Bon Marche Rive Gauche in Paris, and at its flagship retail store named Casa MOKE in Saint-Tropez, France. Consumers resonate with purchasing a brand they are familiar with. The 1960s-era MOKE vehicle has global recognition from the likes of James Bond movies to countless celebrities and is the perfect demonstration that consumers are interested in the electrification of brands they already know and love. However, knowing which brands to partner with and acquire does not guarantee continued success in an industry struggling with delivering electric vehicles on time due to global supply chain entanglements such as those caused by the pandemic. The automotive industry across the board is struggling to deliver the vehicles people are purchasing - problems with components are preventing customers from receiving the vehicles they want, when they expect to receive them. Between global supply chain shortages and EV companies outsourcing their production to third parties, losses are rampant. For startups that are relying heavily on investors, it can be devastating; analysts expect Rivian to lose more than $6.5 billion this year because of supply chain issues. This is why EV Technology Group announced in August that it entered into a definitive agreement to acquire leading British Tier 1 supplier and specialist manufacturer Fablink Group Holdings Ltd. EV Technology Group’s proposed acquisition of Fablink Group should curtail supply chain issues and eliminate product delays. Fablink Group has over 750 highly specialized employees and seven manufacturing sites across the U.K. The company is a leading U.K. manufacturing and engineering organization with a portfolio of strong growth through its exposure to electric vehicle demand. Once the Fablink Group acquisition is complete, EV Technology Group will own its supply chain and will be able to control the complete process from concept through to manufacturing, engineering and assembly. EV Technology Group will no longer be reliant and potentially at the mercy of multiple third-party companies to complete large parts of the process. As such, it will be able to electrify more brands and increase supply to meet the already existing demand, proven by the partnership with MOKE. The acquisition plan shows that EV Technology Group’s strategy is scalable and can expand with relative ease compared to competitors that are dependent on a conglomerate of companies to complete their products. Recently, the company also announced an additional definitive agreement to acquire a portfolio of iconic brands, i ncluding Ford, Maserati, and Ferrari coach builders, further solidifying their mission to electrify the future of motoring. EV Technology Group was founded in 2021 with a vision of electrifying iconic brands – and a mission of redefining the joy of motoring for the electric age. By acquiring iconic brands and bringing beloved motoring experiences to the electric age, EV Technology Group is driving the EV revolution forward. Backed by a diversified team of passionate entrepreneurs, engineers and driving enthusiasts, EV Technology Group creates value for its customers by owning the total customer experience — acquiring and partnering with iconic brands with significant growth potential in unique markets, and controlling end-to-end capabilities. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. This post contains forward-looking statements including, but not limited to: the acquisition of Fablink Group Holdings, MOKE International Ltd and strategy of EV Technology Group. Often, but not always, these forward-looking statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the forward-looking statements, including those factors discussed under “Risk Factors” in the filing statement and annual information form of the Company. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. The forward-looking statements contained herein are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except where required by law. There can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Contact Details Dave Gentry dave@redchip.com Company Website https://evtgroup.com/

October 05, 2022 08:00 AM Eastern Daylight Time

Electrovaya To Build Its First U.S. Gigafactory in New York State, To Open In Phases Starting In Late 2023

Electrovaya Inc.

Electrovaya Inc. ELF:TO EFLVF recently announced that it has selected New York State as the location for its first U.S. gigafactory (the “Gigafactory”), for the production of cells and batteries. Electrovaya will set up operations at a 137,000-square-foot plant on a 52-acre campus near Jamestown, NY. The Company is developing the Gigafactory due to rising demand for its lithium-ion batteries, which provide superior safety and longevity in demanding applications for e-forklifts, e-trucks, e-robots, e-buses and more. Dr. Raj Das Gupta, CEO of Electrovaya, said: “Electrovaya is proud to build our first U.S. gigafactory in New York State to manufacture our high-performance lithium-ion battery products with 100% renewable energy. We are very pleased to have strong support from the State for this venture and expect to continue to find additional non-dilutive funding to support capital needs.” “The Gigafactory will achieve three key objectives for the Company: Increase our manufacturing capacity to meet growing demand, improve our supply chain security and overall gross margins through added vertical integration, and develop additional market opportunities given the significant U.S.-based manufacturing capacity,” continued Dr. Das Gupta. Empire State Development (ESD) is assisting the project by providing up to $4 million of tax credits through the performance-based Excelsior Jobs Program, and $2.5 million of funding through the Regional Council Capital Fund Program. The Gigafactory will be located in a former electronics manufacturing facility and is expected to create approximately 250 new jobs, with expected production of more than one GWh of battery and energy storage systems over the next five years. Electrovaya will also be eligible for other New York State funds, as well as U.S. federal funding from various agencies and programs. In July, the New York Power Authority Board of Trustees approved an allocation of more than 1.5 megawatts of low-cost hydropower under the Power Authority’s Industrial Economic Development program to meet the increased electric load resulting from the Gigafactory. The final capital cost of the facility is estimated at approximately $75 million, and it is expected to open in phases starting in late 2023. About Electrovaya Inc.Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF) is a pioneering leader in the global energy transformation, focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries without compromising energy and power. Electrovaya is a technology-focused company with extensive IP, designs, develops, and manufactures proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications. Company's Infinity line of batteries is focused on commercial vehicles and its Solid State Technology under Development is focused on passenger vehicles. To learn more about how Electrovaya is powering mobility and energy storage, please explore www.electrovaya.com. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Electrovaya Inc. Jason Roy +1 905-855-4618 jroy@electrovaya.com Company Website https://electrovaya.com

October 04, 2022 04:01 PM Eastern Daylight Time

Industrial Defender Appoints Gabe Authier as Chief Product Officer

Industrial Defender

Industrial Defender, a leader in operational technology (OT) cybersecurity solutions, today announced the appointment of Gabe Authier as CPO. This addition strengthens the company’s bench of technical executives and positions it for success in 2023 and beyond. Authier has held product management roles at both Tripwire and Belden, and his comprehensive knowledge of the industrial cybersecurity space and cloud-native solutions will further enrich Industrial Defender’s product development roadmap. “Industrial Defender continues to add incredible new talent to the team. Gabe’s experience architecting customer-centric product roadmaps, building cloud-native technologies and creating innovative solutions for the industrial space aligns well with our organizational goals,” said Jay Williams, CEO of Industrial Defender. “I am confident he will be an essential contributor to our continued success as a global leader in OT cybersecurity solutions.” “We see a massive opportunity right now to help critical infrastructure companies mature their cybersecurity programs beyond basic visibility solutions. Identifying, monitoring and managing asset data from a single tool is the next generation of OT security,” said Authier. “I couldn’t be more excited about the opportunity to shape Industrial Defender into the go-to OT data platform for the future.” Authier brings over 20 years of experience in product management and information technology and is passionate about customer-centric software development. He holds a BS in Systems Engineering from University of Arizona and an Executive MBA from the University of Oregon. About Industrial Defender Industrial Defender protects the world’s critical infrastructure from cyberattacks. As a leader in OT cybersecurity innovation, the company’s scalable platform is used by organizations around the world to empower security stakeholders with actionable data from their OT and IIoT infrastructure, enabling them to make informed risk management decisions and manage their OT cybersecurity program in a concise, single vendor dashboard. Learn more at www.industrialdefender.com. Contact Details Industrial Defender Erin Anderson +1 617-675-4206 eanderson@industrialdefender.com Company Website https://www.industrialdefender.com

October 04, 2022 09:09 AM Eastern Daylight Time

VEHICLE CRIMES CRISIS

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/c2wvGfOBa7Y Crime continues to skyrocket across the nation with vehicle crimes increasing to near record highs. The National Insurance Crime Bureau (NICB) found nearly 1 million vehicles were stolen in 2021, and 2022 is looking even more grim for vehicle owners. Recent analysis shows vehicle and catalytic converter thefts and carjackings are continuing to rise. NICB’s data includes information on the following topics: Total auto thefts are the highest seen by the NICB since 2008. Catalytic converter thefts are up 1,215% since 2019, and are continuing to increase. Carjackings are up dramatically in many major cities. There is a new warning for anyone who owns or leases a vehicle: Vehicle Thefts, Catalytic Converter Thefts, and Carjackings are continuing to rise. According to NICB, there were more than 933,000 thefts of vehicles in 2021, a 27% increase since 2019. Catalytic converter theft insurance claims increased by 1,215% over 2019. Carjackings, the theft of a car by force or intimidation, continue to skyrocket in many major cities, increasing anywhere from 160% to nearly 530%. For more information, visit National Insurance Crime Bureau website at NICB.org Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

September 28, 2022 02:00 PM Eastern Daylight Time

Video

How Climate Solutions are Helping Local Economies

YourUpdateTV

Billions of dollars in U.S. manufacturing investment are fueling the clean energy industry. But what does it mean for local economies? Recently, Dr. Sweta Chakraborty and Dr. Frances Colón participated in a nationwide satellite media tour to discuss how climate solutions can potentially create jobs, lower costs, and provide new opportunities for families to save money. A video accompanying this announcement is available at: https://youtu.be/HVqszCktUN4 The Inflation Reduction Act, signed into law last month, is the most significant climate bill in history. It will put our nation on the path to cutting pollution by 40% by 2030, create millions of good-paying clean energy jobs, invest in environmental justice, and reduce energy bills for working families across the country. With climate disasters directly impacting one in three American residents, the Inflation Reduction Act is a great first step to making sure communities on the frontlines of the climate crisis get the resources they need—and working families are able to save money. Since the passage of the IRA, billions of dollars in domestic manufacturing investments are fueling the clean energy industry. The Inflation Reduction Act incentivizes domestic manufacturing and as a result, First Solar, the United States’ largest solar manufacturer, announced its plan to invest $1.2 billion to expand its manufacturing capabilities. SPI Energy announced its plan to begin manufacturing solar wafers, a component of solar cells, in the US. Toyota recently announced that it plans to invest over $5 billion in creating electric batteries in US and Japan plants. And many more companies in the clean energy industry continue to expand and create jobs in the U.S. For more information about how these climate investments impact you, visit climatepower.us About Dr. Sweta Chakraborty: Dr. Chakraborty is a globally recognized risk and behavioral scientist and expert on global risks ranging from climate change to COVID-19. She is a trusted authority on proactive preparedness to mitigate against the impacts of climate change, motivated by the need for clear, credible, evidence-based communication. Sweta is the President of US Operations for We Don't Have Time. Sweta is a TEDx and SXSW featured speaker, most recently alongside Nikolaj Coster-Waldau for the UNDP’s #dontchooseextinction campaign, and is regularly interviewed on major, international news media outlets including CNN, the NYT, the BBC, Forbes, Fox News Channel, Sky News, CBS, NowThis, MSNBC to name a few. She has appeared on networks like Nickelodeon and Discovery+, where she was featured alongside Kamala Harris for an Earth Day 2021 special. Sweta has written extensively in peer-reviewed journals, is a book author from her time as a postdoc at Oxford University, and is currently working on her second book on adaptation to global risks. She has built her career around how to connect science, media and policy to change attitudes, empower audiences, and inspire action alongside celebrities like Questlove and Joaquin Phoenix. About Dr. Frances Colón: Frances Colón is the senior director for International Climate Policy at American Progress, where she leads a program to drive international ambition and action to meet global climate mitigation and adaptation goals. Colón is the former deputy science and technology adviser to the Secretary of State, where she promoted integration of science and technology into foreign policy dialogues, global advancement of women in science, and climate policy for former President Barack Obama’s Energy and Climate Partnership of the Americas. Colón earned her Ph.D. in neuroscience in 2004 from Brandeis University and her B.S. in biology in 1997 from the University of Puerto Rico. Colón was a 2019 Open Society Foundations Leadership in Government fellow, a city of Miami Climate Resilience Committee member, and a 2020 Yale-OpEd Project Public Voices on the Climate Crisis fellow. She is a member of the National Academies of Science, Engineering, and Medicine Roundtable on Science and Technology for Sustainability, and she co-chairs the academies’ Global Science Diplomacy Roundtable. About Climate Power: Climate Power is an independent strategic communications and paid media operation focused on building the political will and public support for bold climate action. Founded by the Center for American Progress Action Fund, League of Conservation Voters, and Sierra Club, Climate Power integrates hard-hitting research, polling, state and national earned media, digital and paid media to influence the national conversation, embolden leaders to take immediate, bold climate action, and expose climate deniers and their oil and gas lobby allies Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

September 27, 2022 04:00 PM Eastern Daylight Time

Video

World’s Largest Life Jacket Loaner Program Opens 1,000th Location

Sea Tow Foundation

The Sea Tow Foundation, with support from MarineMax and Sea Tow International, held a ribbon cutting ceremony last week for the opening of its 1,000 th Life Jacket Loaner Stand at the Seminole Street Boat Ramp in Clearwater, FL. The Sea Tow Foundation’s Life Jacket Loaner Program started in 2008 with a single location where boaters could borrow and return life jackets for a safe day on the water. Thanks to grant funding from the Sport Fish Restoration & Boating Trust Fund as administered by the U.S. Coast Guard as well as corporate sponsors and individual donors, the program has since grown to be the largest life jacket loaner program in the world, with loaner stations in all 50 states, plus Washington, D.C., American Samoa and the Virgin Islands. “This 1,000 th Life Jacket Loaner Station marked a big milestone not only for the Sea Tow Foundation, but for boating safety across the country as a whole,” says Gail R. Kulp, Executive Director of the Sea Tow Foundation. “Since 2008, we’ve distributed over 90,000 life jackets, and we can’t wait to celebrate many more milestones in the future as the program continues to grow, ensuring people can make safe, fun and lasting memories on the water for years to come.” The 1,000 th Life Jacket Loaner Stand ceremony featured the following speakers: Capt. Michael Kahle, Commander of US Coast Guard Sector St. Petersburg; Capt. Matt Dallarosa, Florida Fish & Wildlife Conservation Commission; Brian Rehwinkel, Florida Fish & Wildlife Conservation Commission; Charlie Justice, Pinellas County Commissioner Chair; Peg Phillips, National Safe Boating Council; Collin Heimensen, MarineMax Clearwater; and Kristen Frohnhoefer, Sea Tow Services International. Rick Johnson, Vice-Commander of the USCG Auxiliary Flotilla 11-1; Peter Losi, Commander of the Clearwater Power Squadron; Mike MacDonald, City of Clearwater; Paul Joyce, Venice Marine Police; Nic Thomas, Freedom Boat Club; Capt. Patrick Lamb, Sea Tow Clearwater/Port Richey; Capt. Craig Marcum and Capt. Cameron Marcum, Sea Tow Venice; and Capt Kerry Kline, Sea Tow Central Florida Lakes and Sea Tow Foundation board member also attended the event to show their support for boating safety in the Florida community. “It’s truly game changing when someone puts on a life jacket,” said Capt. Kahle, Commander of US Coast Guard Sector St. Petersburg. “The statistics don’t lie. Life jackets save lives.” “This means an awful lot from an outreach and education standpoint,” said Brian Rehwinkel, Florida Fish & Wildlife Conservation Commission. “If you don’t have a life jacket, you can’t wear one. With this program there’s no reason for someone to go out on the water without one.” To celebrate this milestone and demonstrate their ongoing commitment to boating safety, MarineMax is matching donations made to the Sea Tow Foundation up to $5,000 from September 23-30. If you’d like to make a tax-deductible donation to the Sea Tow Foundation and have MarineMax match it during this time frame, please visit www.boatingsafety.com/MarineMaxDonationMatch. “We are thrilled to show our support for the Sea Tow Foundation as they open their 1,000 th Life Jacket Loaner Stand today and we’re so proud to be matching public donations made to the Sea Tow Foundation through September 30,” says Collin Heimensen, General Manager of MarineMax Clearwater. “Our company is rooted in creating family memories centered around the water and we know that starts with ensuring everyone has a safe experience on the water.” In addition to providing life jackets boaters can borrow, the Life Jacket Loaner program teaches boaters about the importance of not only wearing a life jacket, but that it is properly fitted. The Sea Tow Foundation provides online resources for boaters, including fitting demonstration videos, life jacket cleaning tips and educational blogs. Learn more about starting your own Life Jacket Loaner Stand here. Learn more about hosting a Life Jacket Drive here. Have life jackets to donate? Click here. ABOUT SEA TOW FOUNDATION The Sea Tow Foundation – a 501(c)(3) nonprofit organization - was started in 2007 by Captain Joe Frohnhoefer, founder of Sea Tow Services International, after he witnessed too many preventable accidents and fatalities on the water. Through its flagship programs which include the Life Jacket Loaner Program, Sober Skipper Campaign, and the National Boating Industry Safety Awards, the Sea Tow Foundation strives towards its vision of a world where boaters are safe and responsible. To learn more, visit boatingsafety.com. ABOUT MARINEMAX MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services. MarineMax has over 100 locations worldwide, including 79 retail dealership locations, which includes 34 marinas or storage operations. MarineMax is a strong proponent of boating safety and offers boating safety classes, on-water training, and hosts weekly episodes of “Boating Tips Live” in which the hosts answer questions about boating and boating safety from an online audience. For more information, please visit www.marinemax.com. Contact Details Sea Tow Foundation Colleen Gallagher +1 315-447-2331 cgallagher@onwrdupwrd.com Company Website https://www.boatingsafety.com/

September 27, 2022 09:15 AM Eastern Daylight Time

Image

Industrial Defender Appoints Aaron Crow as Chief Technology Officer

Industrial Defender

Industrial Defender, a leader in OT cybersecurity technology, today announced that Aaron Crow has been appointed Chief Technology Officer of Industrial Defender. Crow is a highly regarded industrial cybersecurity expert and brings over two decades of experience in IT and cybersecurity, with more than 15 of those focused on critical infrastructure and power utilities. “Aaron is a talented individual with the right skill set to help propel Industrial Defender into the future and build on our vision to become the global leader in OT cybersecurity solutions,” said Jay Williams, CEO of Industrial Defender, “His vital experience building out security programs and technologies for industrial environments as both an asset owner at a power company and as a consultant is exactly what we need, and I couldn’t be more excited to welcome him to our growing team.” “The world is at a critical juncture right now that will shape how secure our future will be. Industrial Defender is perfectly positioned to be a leader in the global industrial security transformation,” said Crow. “I’m incredibly optimistic about where the company is headed and the role it will play in keeping the technology that powers society safe and operational.” Crow’s impressive background spans operational technology security roles at both Ernst & Young and Luminant, where he built out multiple, large scale OT cybersecurity programs reaching across hundreds of sites, multiple states and different entities. He also holds a Certified Information Systems Security Professional (CISSP®) certification. About Industrial Defender Industrial Defender protects the world’s critical infrastructure from cyberattacks. As a leader in OT cybersecurity innovation, the company’s scalable platform is used by organizations around the world to empower security stakeholders with actionable data from their OT and IIoT infrastructure, enabling them to make informed risk management decisions and manage their OT cybersecurity program in a concise, single vendor dashboard. Learn more at www.industrialdefender.com. Contact Details Erin Anderson +1 617-675-4206 eanderson@industrialdefender.com Company Website https://www.industrialdefender.com

September 27, 2022 09:08 AM Eastern Daylight Time

American Equipment Holdings Deepens Geographic Coverage and Service Capabilities Through Acquisition of Industrial Hoist & Crane

Rotunda Capital Partners LLC

American Equipment Holdings (“American Equipment”), a Rotunda Capital Partners portfolio company, has acquired Industrial Hoist & Crane (“Industrial Hoist”), a leading provider of overhead crane maintenance, repair and overhaul (MRO) field services headquartered in Rock Springs, Wyoming, with operations throughout the Intermountain West. The acquisition of Industrial Hoist marks the 12 th add-on acquisition completed by American Equipment since partnering with Rotunda in May 2021. For more than 20 years, Industrial Hoist has been providing comprehensive overhead crane and hoist field service solutions, including repairs, inspections, and replacement parts, to customers throughout the Western U.S. Over the years, Industrial Hoist established a reputation of integrity and customer service, which earned the company a strong reputation in the region and a deep pool of loyal, repeat customers. Industrial Hoist will be rebranded as American Equipment and will continue to serve new and existing customers with the same reliable and high-quality customer service that it has demonstrated over the years. “This is an exciting day for all of us at Industrial Hoist & Crane,” said Donna Teeples, owner of Industrial Hoist. “The team at American Equipment is deeply committed to its products, its customers, and its employees and has clearly distinguished itself within the industry. We cannot wait to begin working together to deliver an unmatched experience for our customers and employees.” “I have known Donna for many years and have always held her and her team at Industrial Hoist in the highest regard,” said American Equipment CEO Adam Zimmerman. “I am thrilled that we can now bring our two organizations together and offer our customers more robust and comprehensive offerings and capabilities.” About American Equipment Holdings American Equipment Holdings is an organization of leading overhead crane and hoist distributors and field service providers, including American Equipment, Allied Crane, Eastern Crane & Hoist, Facilities Engineering, Kistler Crane & Hoist, Pacific Crane & Hoist, Patriot Crane & Hoist, and Washington Crane & Hoist. The consolidated entity is one of the largest independently owned overhead crane and hoist solutions providers in the country, serving over 5,000 customers nationwide. Together, American Equipment Holdings companies provide comprehensive solutions for everything related to customers’ overhead crane and hoist needs, including OSHA mandated inspections, preventative maintenance and repair field services, parts, engineering, ISO certified fabrication, new and replacement equipment, automated systems, system modernizations and training. American Equipment Holdings represents the industry’s leading manufacturers such as Detroit Hoist, Columbus McKinnon, ACCO, R&M, Demag, Gorbel, Spanco, IMS, Harrington, Conductix, Magnetek & PE, among others, and customers rely on its service, design, engineering, fabrication, and installation capabilities to meet their unique application needs. American Equipment Holdings serves local, regional and national customers across a variety of end markets, including light & heavy industrial, automotive, mining, public utilities, military, aerospace & defense and energy, among others. For more information, visit www.amquipinc.com. American Equipment is aggressively seeking to acquire other overhead crane and material handling equipment, parts and service solution providers and is interested in acquisition opportunities presented by business owners, management, or M&A intermediaries. Please contact Ryan Aprill, Principal at Rotunda Capital Partners, regarding acquisition opportunities. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details Rotunda Capital Partners Jill Lafferty +1 847-280-1295 jill@rotundacapital.com Company Website https://www.rotundacapital.com

September 26, 2022 09:41 AM Eastern Daylight Time

1 ... 63 64 65 66 67 ... 117