Author: News Room

ROLLE, Switzerland and PLYMOUTH, Mich., Oct. 17, 2024 (GLOBE NEWSWIRE) — Garrett Motion Inc. (NYSE: GTX) and China National Heavy Duty Truck Group Co., Ltd. (SinoTruk) signed a Letter of Intent (LoI) to enhance cooperation in advanced technologies for electric commercial vehicles, aiming to jointly develop leading next-generation E-powertrain for application in SinoTruk’s product portfolio, with the aim of joining forces to start mass production of trucks equipped with this next gen E-powertrain by 2027. Nils Martens, VP & GM Electric Powertrain of Garrett, and Li Xuefeng, Director of New Energy Business, Chairman of New Energy Commercial Vehicle at SinoTruk…

TORONTO, Oct. 17, 2024 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, announces that its subsidiary, ZenaDrone, has begun the first US flight testing of the ZenaDrone 1000 drone including new hardware and software configurations in the desert near Phoenix, Arizona. The company has also been concurrently working towards expanding offices, operations, and partnerships in the state. “After years of development work and recently achieving US FAA approval, it is gratifying to be able to conduct live test flights and further build our company base…

PARSIPPANY, NJ – October 17, 2024, Oct. 17, 2024 (GLOBE NEWSWIRE) — The Lincoln Foundation for Education Inc. (LiFE), a nonprofit 501(c)(3) organization founded in 2016, has received a generous donation from Matco Tools, a leading global provider of industry-standard tools and equipment for the auto, diesel, and collision repair industries. Matco Tools has agreed to provide $100,000 each year through 2028 to LiFE to benefit students attending Lincoln Technical Institute (LTI) and training for new careers in these fields. The funds will be made available as scholarships and awards for both new and currently enrolled LTI students. “We are…

NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), one of the world’s largest providers of integrated facility services, infrastructure solutions and parking management, today announced the appointment of Miranda Tolar as Executive Vice President and General Counsel effective January 1, 2025. In this critical role for the Company, Tolar will oversee the legal, compliance, risk and safety organization, succeeding Andrea Newborn who recently announced her retirement. Newborn will remain with the company through a transition period ending in February 2025. First joining ABM in 2011, Tolar most recently served as Senior Vice President and Deputy General Counsel…

Greenville, SC, Oct. 17, 2024 (GLOBE NEWSWIRE) — Integrated Power Services (IPS), a world-class provider of electrical, mechanical, and power management systems, has acquired MDL Énergie, effective October 16, 2024. A Canadian company, which specializes in low-, medium-, and high-voltage electrical products and services, MDL Énergie, brings additional depth and expertise to the IPS power management portfolio and strengthens the company’s regional presence in Canada.  “We are excited to partner with MDL Énergie,” said Shannon Moses, Executive Vice President of the IPS Power Management Division. “By working together, we can bring our combined customers improved solutions to meet their most…

Dublin, Oct. 17, 2024 (GLOBE NEWSWIRE) — The “Brazil Cashback Programs Market Opportunities Databook – 50+ KPIs on Cashback Market Size, By Business Model, By Channel, By Cashback Program Type, By End Use Sector – Q3 2024 Update” report has been added to ResearchAndMarkets.com’s offering.The cashback spending through cashback programs is expected to experience significant growth, with spending projected to surge by 17.7% annually.The medium to long-term outlook for cashback spending in Brazil remains robust, with adoption anticipated to increase steadily over the forecast period. This is expected to record a compound annual growth rate (CAGR) of 15.4% from 2024-2029.…

DUBLIN and CAYENNE, France, Oct. 17, 2024 (GLOBE NEWSWIRE) — EllaLink, the first high-capacity fibre optic submarine cable directly connecting Latin America to Europe, and SPLANG, the Local Public Company for the Digital Development of French Guiana, announce the beginning of the construction of the Lum@link system, the cable extension to Cayenne, French Guiana. This significant milestone follows the initial project announcement in January 2024. The Lum@link system is expected to be Ready for Service by 2026. The project includes the construction of a Cable Landing Station in Cayenne and a 2,100 km cable extension connected to existing EllaLink’s subsea…

AGOURA HILLS, Calif., Oct. 17, 2024 (GLOBE NEWSWIRE) — BendPak Inc. has expanded the Ergochair™ line of ergonomic work seats with three new models, ERGO-JET, ERGO-SCOOT, and ERGO-GLIDE. They join the original ERGO-RS crossover work seat in delivering uniquely adjustable seats, creepers and workstations that improve worker comfort and productivity to reduce the risk of injuries and strain when performing tasks in awkward positions. “All four Ergochair models leverage ergonomic principles to enable auto and aviation mechanics, car detailers, assembly line workers, and other professionals to have proper support on the job,” says Sean Price, BendPak director of sales operations.…

Conway, SC, Oct. 17, 2024 (GLOBE NEWSWIRE) — Tucktec Folding Kayaks, the manufacturer of lightweight, portable kayaks, is actively seeking retail partnerships to expand its distribution across the United States. The company’s innovative kayaks are ideal for outdoor enthusiasts and provide retailers with a unique product to capitalize on the growing demand for portable, high-quality kayaking equipment. Since launching the kayak D2C in 2020 over 70,000 kayaks have been sold. Reaching those who do not have storage space or ability to transport traditional kayaks. Priced to compete with Inflatable kayaks their innovative design allows for a solid hard-shell option to…

Dallas, Oct. 17, 2024 (GLOBE NEWSWIRE) — Bonchon, a global leader in Korean fried chicken, is giving guests new ways to enjoy its crave-worthy menu with new menu items and new limited-time offer sauce. The recently launched Seoul Sampler is a fun starter for groups to share a taste of Korean favorites. For just $33.99, guests can sample the delicious flavors of Bonchon’s most popular menu items, including 2 drums and 4 wings with a choice of Bonchon’s signature sauce, Pork Potstickers, Bulgogi Fries, Korean Street Corn, and Coleslaw.  “Korean food really lends itself to sharing and bringing people together…