Two-year exclusive investigation reveals cruel treatment of animals performing in country’s marine theme parks.
Reported by Al Jazeera 4 hours ago.
Al Jazeera probe unveils rampant animal abuse in China
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Tidal wave of Chinese marine parks fuels murky cetacean trade
Eight beluga whales jump in unison out of a bright blue indoor pool, flipping their tailfins and spewing fountains of water, as a packed audience cheers and snaps photographs.
Reported by Reuters 4 hours ago.
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French far-right leader Marine Le Pen ordered to undergo psychiatric evaluation
A closer look at the day's most notable stories with The National's Jonathon Gatehouse: French court orders far-right leader Marine Le Pen to undergo a psychiatric assessment; peace is proving very prosperous for Colombia's drug barons
Reported by CBC.ca 16 hours ago.
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MasterCraft Continues X Series Wake Surf, Wakeboard Dominance With New X22
VONORE, Tenn., Sept. 20, 2018 (GLOBE NEWSWIRE) -- MasterCraft Boat Company (NASDAQ: MCFT) today adds another wave-making weapon to its towboat lineup with the new X22. The new 22-footer delivers a sweet spot of high performance for wake surfing and wakeboarding not only from its larger stature, but also from the all-new hull equipped surf-centric features only found in MasterCraft’s X-series. “Following the award-winning X23, which was one the industry’s best-selling boats for years, our engineers had a tough charter to improve on such an acclaimed boat. But in the end, the X22 delivers even more performance, features and comfort,” said Terry McNew, President and CEO of MasterCraft Boat Company. “The net result of MasterCraft innovation is that we create an experience with our owners in mind. Combined, the innovations found on the X22 make bigger waves, create a more comfortable cabin and enable a more efficient and powerful wave riding session – things we know our customers desire.”
The new wakesurf and wakeboarding specific hull design for the X22, when equipped with the Gen 2 Surf System and its 3,550 lbs. of ballast, creates a substantial and totally customizable wake. MasterCraft’s latest wake-specific technologies work in unison on the X22 to operationally create a more efficient surfing experience on demand. A premium new 2018 feature, the new optional FastFill Ballast System speeds time to towing by filling the X22’s ballast tanks in under four minutes. Once full, the new Switchback Ballast Tank instantly shifts ballast from side-to-side to suit the rider’s directional wave-riding preference.
The X22 has room for 16 passengers who can enjoy the views even more with convertible rear seating and two rear-facing sundeck seats. The boat’s deeper storage allows friends and families to store and access their gear easier, including heated storage in the top of the sundeck. The X22’s Pickle Fork bow and U-shaped seating layout creates a spacious lounge configuration. Storage on the X22 totals 92 cubic feet, including carpeted underseat storage compartments throughout the boat.
The X22 will come standard with the easy-folding, gas shock assisted ZFT2 tower that can be equipped with surf sleeves and surf racks to hold all the boards needed for any surf outing. The ZFT4 and ZFT7 Power Tower are additional tower upgrade options.
MasterCraft’s exclusive technology that revolutionizes the driving and entertainment experience graces the new X22 as optional and standard equipment. A superior Klipsch Audio sound system that delivers the best sound on the water comes standard on the X22. Customizable Klipsch Audio systems are exclusive to MasterCraft consisting of marine speakers and amplification solutions that create a heavy-hitting, concert-style entertainment experience. Klipsch Audio systems are also paired to each driving mode of MasterCraft’s optional Dual-Screen Dash, tuning the sound to the action.
The X22 comes standard with the new Murphy seven-inch touch screen dash with improved visibility. MasterCraft’s Dual-Screen Dash is an optional feature for the X22. The proprietary Dual-Screen Dash simplifies and enhances the on-board experience with technology that tunes the boat’s operations to three usage modes, improves helm styling and ergonomics, integrates with consumer technology devices and provides important diagnostic information, navigation and even tutorial videos.
The X22 is powered by the latest General Motors engines marinized exclusively for MasterCraft by Ilmor Marine, including the direct injection Ilmor 5500 GDI V8 as standard equipment. Also available for the X22 is the Ilmor 6000 GDI V8 (6.2L) and the boldest engine option, the Ilmor 7000 MPI V8 (7.4L). The X22 also can also be optioned with the award-winning Dockstar Handling System, a revolutionary flanking rudder system that makes maneuvering in tight spots and crowded marinas a breeze. Additionally, MasterCraft has now extended the warranty on the exclusive 6000 and 7000 series Ilmor powerplants to seven years.
*X22 Specifications:*
Length: 22’ 4” / 6.81 M
Width Amidship: 102” / 2.59 M
Interior Width: 86.5” / 2.20 M
Weight: 5500 LBS / = 2495 KG
Ballast Weight: up to 3550 LBS / 1610 KG
Fuel Capacity: 68.5 G / 259 L
Seating: 16 people
Storage: 92 cubic feet / 2.6 cubic meters
Hull: Vector Drive
Color Options: Infinite
Like all MasterCraft boats, the X22 comes with the best warranty on the water, the five-year MasterCare protection plan. Hand-built by “Master Craftsmen” in the company’s U.S.-based manufacturing facility, MasterCraft boats are constructed with quality and reliability in mind resulting in the highest resale values in the industry.
Completely customizable from bow-to-stern, consumers can visit www.mastercraft.com/x22 to configure their own X22. MasterCraft dealers will begin taking orders on X22 models immediately.
*About MCBC Holdings, Inc.:*
Headquartered in Vonore, Tenn., MCBC Holdings, Inc. (NASDAQ: MCFT) is the parent of MasterCraft Boat Company, a world-renowned innovator, designer, manufacturer, and marketer of premium performance sport boats. Founded in 1968, MasterCraft has cultivated its iconic brand image through a rich history of industry-leading innovation, and more than four decades after the original MasterCraft made its debut the company’s goal remains the same - to continue building the world’s best ski, wakeboard, wakesurf and luxury performance powerboats. For more information, visit www.mastercraft.com.
*Media contact:*
Eric Doyne // Dispatch
415.652.8452 // eric@dispatchco.com A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c5053572-26d4-459b-af0e-84ad033ec0e1 Reported by GlobeNewswire 17 hours ago.
The new wakesurf and wakeboarding specific hull design for the X22, when equipped with the Gen 2 Surf System and its 3,550 lbs. of ballast, creates a substantial and totally customizable wake. MasterCraft’s latest wake-specific technologies work in unison on the X22 to operationally create a more efficient surfing experience on demand. A premium new 2018 feature, the new optional FastFill Ballast System speeds time to towing by filling the X22’s ballast tanks in under four minutes. Once full, the new Switchback Ballast Tank instantly shifts ballast from side-to-side to suit the rider’s directional wave-riding preference.
The X22 has room for 16 passengers who can enjoy the views even more with convertible rear seating and two rear-facing sundeck seats. The boat’s deeper storage allows friends and families to store and access their gear easier, including heated storage in the top of the sundeck. The X22’s Pickle Fork bow and U-shaped seating layout creates a spacious lounge configuration. Storage on the X22 totals 92 cubic feet, including carpeted underseat storage compartments throughout the boat.
The X22 will come standard with the easy-folding, gas shock assisted ZFT2 tower that can be equipped with surf sleeves and surf racks to hold all the boards needed for any surf outing. The ZFT4 and ZFT7 Power Tower are additional tower upgrade options.
MasterCraft’s exclusive technology that revolutionizes the driving and entertainment experience graces the new X22 as optional and standard equipment. A superior Klipsch Audio sound system that delivers the best sound on the water comes standard on the X22. Customizable Klipsch Audio systems are exclusive to MasterCraft consisting of marine speakers and amplification solutions that create a heavy-hitting, concert-style entertainment experience. Klipsch Audio systems are also paired to each driving mode of MasterCraft’s optional Dual-Screen Dash, tuning the sound to the action.
The X22 comes standard with the new Murphy seven-inch touch screen dash with improved visibility. MasterCraft’s Dual-Screen Dash is an optional feature for the X22. The proprietary Dual-Screen Dash simplifies and enhances the on-board experience with technology that tunes the boat’s operations to three usage modes, improves helm styling and ergonomics, integrates with consumer technology devices and provides important diagnostic information, navigation and even tutorial videos.
The X22 is powered by the latest General Motors engines marinized exclusively for MasterCraft by Ilmor Marine, including the direct injection Ilmor 5500 GDI V8 as standard equipment. Also available for the X22 is the Ilmor 6000 GDI V8 (6.2L) and the boldest engine option, the Ilmor 7000 MPI V8 (7.4L). The X22 also can also be optioned with the award-winning Dockstar Handling System, a revolutionary flanking rudder system that makes maneuvering in tight spots and crowded marinas a breeze. Additionally, MasterCraft has now extended the warranty on the exclusive 6000 and 7000 series Ilmor powerplants to seven years.
*X22 Specifications:*
Length: 22’ 4” / 6.81 M
Width Amidship: 102” / 2.59 M
Interior Width: 86.5” / 2.20 M
Weight: 5500 LBS / = 2495 KG
Ballast Weight: up to 3550 LBS / 1610 KG
Fuel Capacity: 68.5 G / 259 L
Seating: 16 people
Storage: 92 cubic feet / 2.6 cubic meters
Hull: Vector Drive
Color Options: Infinite
Like all MasterCraft boats, the X22 comes with the best warranty on the water, the five-year MasterCare protection plan. Hand-built by “Master Craftsmen” in the company’s U.S.-based manufacturing facility, MasterCraft boats are constructed with quality and reliability in mind resulting in the highest resale values in the industry.
Completely customizable from bow-to-stern, consumers can visit www.mastercraft.com/x22 to configure their own X22. MasterCraft dealers will begin taking orders on X22 models immediately.
*About MCBC Holdings, Inc.:*
Headquartered in Vonore, Tenn., MCBC Holdings, Inc. (NASDAQ: MCFT) is the parent of MasterCraft Boat Company, a world-renowned innovator, designer, manufacturer, and marketer of premium performance sport boats. Founded in 1968, MasterCraft has cultivated its iconic brand image through a rich history of industry-leading innovation, and more than four decades after the original MasterCraft made its debut the company’s goal remains the same - to continue building the world’s best ski, wakeboard, wakesurf and luxury performance powerboats. For more information, visit www.mastercraft.com.
*Media contact:*
Eric Doyne // Dispatch
415.652.8452 // eric@dispatchco.com A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c5053572-26d4-459b-af0e-84ad033ec0e1 Reported by GlobeNewswire 17 hours ago.
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Marine Le Pen ordered to take psych evaluation over ISIL tweets
Far-right French politician shared images of atrocities carried out by ISIL with the caption 'Daesh is this'.
Reported by Al Jazeera 16 hours ago.
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Ship traffic, September 21
Ship traffic Due to arrive today SHIP FROM PORT CAP Pasado Seattle OAK CAP Patton Long Beach OAK CMA CGM T.Jefferson Los Angeles OAK CSCL Autumn Los Angeles OAK Honourable Henry Jackman Port McNeill, B.C. SFO Jasper Arrow San Diego BNC Maersk Edirne Long Beach OAK Miyama Kobe, Japan SFO NYK Adonis Long Beach OAK President Cleveland Los Angeles OAK YM Uberty Los Angeles OAK Due to depart today SHIP TO PORT CAP Pasado Tauranga, New Zealand OAK Ever Ethic Taipei OAK King Coal Port Unknown SFO Matsonia Honolulu OAK Texas Highway Toyohashi, Japan SFO World Spirit San Diego RCH Source: S.F. Marine Exchange
Reported by SFGate 16 hours ago.
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Le Pen ordered to submit to psychiatric evaluation
A French court ordered Marine Le Pen to submit to a psychiatric evaluation as part of its investigation into her decision to post images of Islamic State executions on Twitter.
Reported by RTE.ie 15 hours ago.
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Volaris Group Welcomes Helm Operations to Marine Vertical
TORONTO, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Volaris Group Inc. (“Volaris”) today announced that it has acquired Helm Operations (“Helm”) from ClassNK. Based in Victoria, Canada, Helm is a leading provider of marine operations software to the tug and barge industry and represents Volaris’ fourth company in the Marine vertical.Helm delivers solutions to address all departments of tug and barge marine operations for compliance, documentation, maintenance, and resource management. Helm has been providing solutions to the market for over 20 years with over 3,000 vessels using their solutions to enhance their operations.
“Over the past two decades we have delivered solutions to better organize our customers operations and optimize their business intelligence,” said Ron deBruyne, CEO of Helm. “Now, as part of Volaris, we look forward to building upon what we have already accomplished and further strengthening our offering to our customers.”
In keeping with Volaris’ philosophy of acquire, strengthen and grow, Helms maintains its brand and independence with support, coaching and best practices from Volaris. Ron deBruyne leads the business as CEO, along with the existing management team. Helm joins Idea Yacht, ShipNet and SpecTec in Volaris’ Marine vertical.
*About Volaris Group*
Volaris acquires, strengthens and grows vertical market technology companies. As an operating group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com.
For more information, please contact:
Kim Emmerson, CMO
Volaris Group
Tel: +1 905 629 5297
kim.emmerson@volarisgroup.com Reported by GlobeNewswire 16 hours ago.
“Over the past two decades we have delivered solutions to better organize our customers operations and optimize their business intelligence,” said Ron deBruyne, CEO of Helm. “Now, as part of Volaris, we look forward to building upon what we have already accomplished and further strengthening our offering to our customers.”
In keeping with Volaris’ philosophy of acquire, strengthen and grow, Helms maintains its brand and independence with support, coaching and best practices from Volaris. Ron deBruyne leads the business as CEO, along with the existing management team. Helm joins Idea Yacht, ShipNet and SpecTec in Volaris’ Marine vertical.
*About Volaris Group*
Volaris acquires, strengthens and grows vertical market technology companies. As an operating group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at www.volarisgroup.com.
For more information, please contact:
Kim Emmerson, CMO
Volaris Group
Tel: +1 905 629 5297
kim.emmerson@volarisgroup.com Reported by GlobeNewswire 16 hours ago.
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Parent Company of HC2 Telecom Subsidiary PTGi-ICS Changes Name to ICS Group Holdings Inc.
ICS Group Holdings to Acquire GO2TEL.COM as First in Subsidiary’s New Acquisition Strategy
NEW YORK, Sept. 20, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE: HCHC), a diversified holding company, announced today that the parent company of its telecom subsidiary PTGi-ICS has changed its name from Arbinet Corporation to ICS Group Holdings Inc., (“ICS Group”).ICS Group’s mandate is to seek out and purchase companies that have a proven track record, a strong balance sheet and low capital expenditures. Target acquisitions will be small to medium opportunities in the communication and Information Technology (“IT”) marketplace globally.
HC2 also announced that ICS Group has entered into a definitive agreement to acquire Go2Tel.com Inc. (“Go2Tel”), a well-established VoIP carrier that offers high-quality termination services, primarily in Latin America, South America and the Caribbean. Based in Miami, FL, Go2Tel also has a skilled team with presence in Colombia, Bolivia and Spain, and alliances with more than 200 companies in their region.
“ICS Group will be an efficient new vehicle for HC2 to generate value for its shareholders in the global communication and IT marketplace,” said Philip Falcone, HC2’s Chairman, President and Chief Executive Officer. “ICS Group’s first acquisition under its new name and mandate, Go2Tel, will support continued dividend contributions back to HC2.”
“Go2Tel is the first acquisition by ICS Group as we embark on the pursuit of attractive M&A opportunities,” said Craig Denson, President and Chief Executive Officer, ICS Group Holdings Inc. “This transaction is a natural complement to our ownership of PTGi-ICS, and will help us continue to pay dividends up to our parent company.”
Financial terms were not disclosed, but ICS Group will use cash on hand for the transaction. The closing of the transaction is expected to close in the fourth quarter of 2018.
*About HC2*
HC2 Holdings, Inc. is a publicly traded (NYSE: HCHC) diversified holding company, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders. HC2 has a diverse array of operating subsidiaries across eight reportable segments, including Construction, Marine Services, Energy, Telecommunications, Life Sciences, Broadcasting, Insurance and Other. HC2’s largest operating subsidiaries include DBM Global Inc., a family of companies providing fully integrated structural and steel construction services, and Global Marine Systems Limited, a leading provider of engineering and underwater services on submarine cables. Founded in 1994, HC2 is headquartered in New York, New York. Learn more about HC2 and its portfolio companies at www.hc2.com.
*Cautionary Statement Regarding Forward-Looking Statements*
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This release contains, and certain oral statements made by our representatives from time to time may contain, forward-looking statements. Generally, forward-looking statements include events, results, strategies and expectations and are generally identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. The forward-looking statements in this press release include, without limitation, statements regarding our expectation regarding building shareholder value. Such statements are based on the beliefs and assumptions of HC2’s management and the management of HC2’s subsidiaries and portfolio companies. HC2 believes these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and HC2’s actual results could differ materially from those expressed or implied in the forward-looking statements due to a variety of important factors, both positive and negative, that may be revised or supplemented in subsequent reports on Forms 10-K, 10-Q and 8-K. Such important factors include, without limitation, the ability of our subsidiaries (including, target businesses following their acquisition) to generate sufficient net income and cash flows to make upstream cash distributions, capital market conditions, our and our subsidiaries’ ability to identify any suitable future acquisition opportunities, efficiencies/cost avoidance, cost savings, income and margins, growth, economies of scale, combined operations, future economic performance, conditions to, and the timetable for, completing the integration of financial reporting of acquired or target businesses with HC2 or the applicable subsidiary of HC2, completing future acquisitions and dispositions, litigation, potential and contingent liabilities, management’s plans, changes in regulations and taxes.
These risks and other important factors discussed under the caption “Risk Factors” in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”), and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release.
You should not place undue reliance on forward-looking statements. All forward-looking statements attributable to HC2 or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and HC2 undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
For information on HC2 Holdings, Inc., please contact:
Andrew G. Backman
Managing Director
Investor Relations & Public Relations
abackman@hc2.com
212-339-5836 Reported by GlobeNewswire 15 hours ago.
NEW YORK, Sept. 20, 2018 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2”) (NYSE: HCHC), a diversified holding company, announced today that the parent company of its telecom subsidiary PTGi-ICS has changed its name from Arbinet Corporation to ICS Group Holdings Inc., (“ICS Group”).ICS Group’s mandate is to seek out and purchase companies that have a proven track record, a strong balance sheet and low capital expenditures. Target acquisitions will be small to medium opportunities in the communication and Information Technology (“IT”) marketplace globally.
HC2 also announced that ICS Group has entered into a definitive agreement to acquire Go2Tel.com Inc. (“Go2Tel”), a well-established VoIP carrier that offers high-quality termination services, primarily in Latin America, South America and the Caribbean. Based in Miami, FL, Go2Tel also has a skilled team with presence in Colombia, Bolivia and Spain, and alliances with more than 200 companies in their region.
“ICS Group will be an efficient new vehicle for HC2 to generate value for its shareholders in the global communication and IT marketplace,” said Philip Falcone, HC2’s Chairman, President and Chief Executive Officer. “ICS Group’s first acquisition under its new name and mandate, Go2Tel, will support continued dividend contributions back to HC2.”
“Go2Tel is the first acquisition by ICS Group as we embark on the pursuit of attractive M&A opportunities,” said Craig Denson, President and Chief Executive Officer, ICS Group Holdings Inc. “This transaction is a natural complement to our ownership of PTGi-ICS, and will help us continue to pay dividends up to our parent company.”
Financial terms were not disclosed, but ICS Group will use cash on hand for the transaction. The closing of the transaction is expected to close in the fourth quarter of 2018.
*About HC2*
HC2 Holdings, Inc. is a publicly traded (NYSE: HCHC) diversified holding company, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders. HC2 has a diverse array of operating subsidiaries across eight reportable segments, including Construction, Marine Services, Energy, Telecommunications, Life Sciences, Broadcasting, Insurance and Other. HC2’s largest operating subsidiaries include DBM Global Inc., a family of companies providing fully integrated structural and steel construction services, and Global Marine Systems Limited, a leading provider of engineering and underwater services on submarine cables. Founded in 1994, HC2 is headquartered in New York, New York. Learn more about HC2 and its portfolio companies at www.hc2.com.
*Cautionary Statement Regarding Forward-Looking Statements*
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This release contains, and certain oral statements made by our representatives from time to time may contain, forward-looking statements. Generally, forward-looking statements include events, results, strategies and expectations and are generally identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. The forward-looking statements in this press release include, without limitation, statements regarding our expectation regarding building shareholder value. Such statements are based on the beliefs and assumptions of HC2’s management and the management of HC2’s subsidiaries and portfolio companies. HC2 believes these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and HC2’s actual results could differ materially from those expressed or implied in the forward-looking statements due to a variety of important factors, both positive and negative, that may be revised or supplemented in subsequent reports on Forms 10-K, 10-Q and 8-K. Such important factors include, without limitation, the ability of our subsidiaries (including, target businesses following their acquisition) to generate sufficient net income and cash flows to make upstream cash distributions, capital market conditions, our and our subsidiaries’ ability to identify any suitable future acquisition opportunities, efficiencies/cost avoidance, cost savings, income and margins, growth, economies of scale, combined operations, future economic performance, conditions to, and the timetable for, completing the integration of financial reporting of acquired or target businesses with HC2 or the applicable subsidiary of HC2, completing future acquisitions and dispositions, litigation, potential and contingent liabilities, management’s plans, changes in regulations and taxes.
These risks and other important factors discussed under the caption “Risk Factors” in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”), and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release.
You should not place undue reliance on forward-looking statements. All forward-looking statements attributable to HC2 or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and HC2 undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
For information on HC2 Holdings, Inc., please contact:
Andrew G. Backman
Managing Director
Investor Relations & Public Relations
abackman@hc2.com
212-339-5836 Reported by GlobeNewswire 15 hours ago.
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Larson Electronics LLC Releases Temporary LED String Light for Work Area Lighting
KEMP, Texas, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Industrial lighting leader, Larson Electronics LLC, has just released a new LED string light system for temporary lighting that can be daisy chained for flexible illumination options, and features 10 high output LED lamps producing a total of 10,500 lumens. This 106-foot LED string light system is an efficient and reliable temporary work light solution for tunnels and underpasses.The Larson Electronics WAL-SL-10-LED-12.3-QDC-TLP string light system consists of 10, 10-watt LED globe style lamps - each globe light delivering more light output than a 100-watt incandescent. The 10-watt LED bulbs draws 10% the electrical power of a standard 100-watt bulb, making them suitable for standard voltage and low voltage applications. Each LED light screws into a molded E26 lamp socket and the bulb is enclosed in a bird cage style plastic guard for protection. A hook eyelet that allows operators to hang these tasks lights overhead.
This 100-watt assembly operates on 120-277V AC and multiple stringer sections can be daisy chained together via 3' whips terminated with a NEMA L5-15 or L6-15 configuration twist lock plug and outlet.
This temporary string lighting system is constructed of 12/3 STJW cord that is fitted with an industrial grade cord cap for easy connection to common wall outlets.
“This stringer light system is perfect for temporary work lighting and is extremely versatile due to daisy-chaining capabilities,” said Rob Bresnahan, CEO of Larson Electronics LLC. “Lamps can be removed from the system, or additional lamps can be added for applications that need longer lighting solutions.”
*About Larson Electronics LLC:* Larson Electronics LLC is a manufacturer of industrial lighting equipment and accessories. The company offers an extensive catalog of industry-grade lighting and power distribution products for the following sectors: manufacturing, construction, food processing, oil and gas, military, marine and automobile. Customers can benefit from the company’s hands-on, customized approach to lighting solutions. Larson Electronics provides expedited service for quotes, customer support and shipments.
*For further information, please contact:*
Rob Bresnahan, *President and CEO
*Toll-free: 1-800-369-6671
Phone: 214-616-6180
Fax: 903-498-3364
E-mail: sales@larsonelectronics.com
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/24d15f67-a154-4100-bd96-191a874e10db Reported by GlobeNewswire 15 hours ago.
This 100-watt assembly operates on 120-277V AC and multiple stringer sections can be daisy chained together via 3' whips terminated with a NEMA L5-15 or L6-15 configuration twist lock plug and outlet.
This temporary string lighting system is constructed of 12/3 STJW cord that is fitted with an industrial grade cord cap for easy connection to common wall outlets.
“This stringer light system is perfect for temporary work lighting and is extremely versatile due to daisy-chaining capabilities,” said Rob Bresnahan, CEO of Larson Electronics LLC. “Lamps can be removed from the system, or additional lamps can be added for applications that need longer lighting solutions.”
*About Larson Electronics LLC:* Larson Electronics LLC is a manufacturer of industrial lighting equipment and accessories. The company offers an extensive catalog of industry-grade lighting and power distribution products for the following sectors: manufacturing, construction, food processing, oil and gas, military, marine and automobile. Customers can benefit from the company’s hands-on, customized approach to lighting solutions. Larson Electronics provides expedited service for quotes, customer support and shipments.
*For further information, please contact:*
Rob Bresnahan, *President and CEO
*Toll-free: 1-800-369-6671
Phone: 214-616-6180
Fax: 903-498-3364
E-mail: sales@larsonelectronics.com
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/24d15f67-a154-4100-bd96-191a874e10db Reported by GlobeNewswire 15 hours ago.
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Marine Le Pen to undergo psychiatric test after ISIS propaganda tweets
Marine Le Pen, 50, is facing charges in a court in Paris, relating to a series of tweets in which she posted ISIS propaganda pictures, including the remains of American journalist James Foley.
Reported by MailOnline 9 hours ago.
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French court orders Marine Le Pen to undergo psychiatric evaluation
The far-right French politician is under investigation for sharing images of atrocities carried out by the Islamic State jihadist group.
Reported by euronews 13 hours ago.
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Dolphin, penguins left at defunct aquarium spark concerns
A bottlenose dolphin, about 50 penguins and other marine creatures left at a defunct aquarium near Tokyo have prompted many activists and concerned people to ask for authorities…
Reported by Japan Today 14 hours ago.
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Far-right French leader Marine Le Pen refuses court-ordered mental health test after tweeting pictures of Isis executions
'I'd like to see how the judge would try and force me do it', says former presidential candidate
Reported by Independent 13 hours ago.
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Twin Disc, Incorporated Announces Pricing of Follow-On Public Offering of Common Stock
RACINE, Wis., Sept. 20, 2018 (GLOBE NEWSWIRE) -- Twin Disc, Incorporated (Nasdaq: TWIN) (“Twin Disc” or “the Company”), a global leader in power transmission technology for marine and land-based applications, today announced the pricing of an underwritten public offering of $30 million of shares of its common stock at a public offering price of $22.50 per share. Twin Disc will receive all of the proceeds from the offering less underwriting discounts and commissions and other offering expenses payable by the Company. In addition, Twin Disc granted the underwriters a 30-day option to purchase up to an additional $4.5 million of shares of common stock of the Company at the public offering price, less underwriting discounts and commissions. The offering is expected to close on or about September 25, 2018, subject to customary closing conditions.
Twin Disc intends to use the net proceeds from the offering to pay down existing indebtedness, which will make available other Company resources for general corporate and working capital purposes, including potentially funding future acquisitions.
Baird is acting as sole active book-running manager for the offering. Oppenheimer & Co. Inc. is acting as joint book-running manager for the offering.
The securities described above are being offered by Twin Disc pursuant to a shelf registration statement on Form S-3 (No. 333-227130) that was declared effective by the Securities and Exchange Commission (“SEC”) on September 14, 2018. A preliminary prospectus supplement relating to the securities sold in this offering was filed with the SEC on September 17, 2018. A final prospectus supplement and an accompanying prospectus relating to the offering will be filed with the SEC and will be available on the SEC's website at www.sec.gov. Copies of the final prospectus supplement may also be obtained from: Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 East Wisconsin Avenue, Milwaukee, WI 53202, by telephone at (800) 792-2473, or by email at syndicate@rwbaird.com; or Oppenheimer & Co. Inc., Attention: Syndicate Prospectus Department, 85 Broad Street, 26th Floor, New York, NY 10004, by telephone at (212) 667-8055, or by email at EquityProspectus@opco.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
*About Twin Disc, Incorporated *
Twin Disc, Incorporated designs, manufactures and sells marine and heavy-duty, off-highway power transmission equipment. Products offered include: marine transmissions, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and control systems. The Company sells its products to customers primarily in the pleasure craft, commercial and military marine markets, as well as in the energy and natural resources, government and industrial markets. The Company's worldwide sales to both domestic and foreign customers are transacted through a direct sales force and a distributor network.
*Forward-Looking Statements*
Certain statements contained herein are not based on historical fact and are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those provisions. These statements include the terms of the offering or its completion, if at all. These statements can otherwise be identified by the use of words such as "anticipate,""believe,""could,""estimate,""expect,""feel,""forecast,""intend,""may,""plan,""potential,""project,""seek,""should,""would,""will," and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Owing to the uncertainties inherent in forward-looking statements, actual results could differ materially from those stated herein. Factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the loss of major customers, deteriorating of general economic or political conditions, difficulties realizing the anticipated benefits and synergies from the Veth acquisition and managing our expanded operations following the acquisition, competition and other business conditions in the industries in which we operate, adverse changes in the Company's relationships with its distributors and suppliers, the loss of key Company personnel, changes in the regulatory framework governing the Company's business, significant liabilities or costs associated with litigation or other legal proceedings, the restrictions imposed upon our business as a result the restrictive covenants contained in our credit agreements, the negative effects that global capital and credit market issues may have on our liquidity, the costs of borrowing on our operations as well as other risks described more fully in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended June 30, 2018, filed on August 27, 2018 as amended on August 31, 2018, and its subsequent filings under the Securities Exchange Act of 1934. Forward-looking statements reflect management's analysis as of the date of this press release. The Company does not undertake to revise these statements to reflect subsequent developments, other than in its regular, quarterly earnings releases or as otherwise required by applicable securities laws.
*Contact*:
Jeffrey S. Knutson
(262) 638-4242 Reported by GlobeNewswire 13 hours ago.
Twin Disc intends to use the net proceeds from the offering to pay down existing indebtedness, which will make available other Company resources for general corporate and working capital purposes, including potentially funding future acquisitions.
Baird is acting as sole active book-running manager for the offering. Oppenheimer & Co. Inc. is acting as joint book-running manager for the offering.
The securities described above are being offered by Twin Disc pursuant to a shelf registration statement on Form S-3 (No. 333-227130) that was declared effective by the Securities and Exchange Commission (“SEC”) on September 14, 2018. A preliminary prospectus supplement relating to the securities sold in this offering was filed with the SEC on September 17, 2018. A final prospectus supplement and an accompanying prospectus relating to the offering will be filed with the SEC and will be available on the SEC's website at www.sec.gov. Copies of the final prospectus supplement may also be obtained from: Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 East Wisconsin Avenue, Milwaukee, WI 53202, by telephone at (800) 792-2473, or by email at syndicate@rwbaird.com; or Oppenheimer & Co. Inc., Attention: Syndicate Prospectus Department, 85 Broad Street, 26th Floor, New York, NY 10004, by telephone at (212) 667-8055, or by email at EquityProspectus@opco.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
*About Twin Disc, Incorporated *
Twin Disc, Incorporated designs, manufactures and sells marine and heavy-duty, off-highway power transmission equipment. Products offered include: marine transmissions, surface drives, propellers and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches and control systems. The Company sells its products to customers primarily in the pleasure craft, commercial and military marine markets, as well as in the energy and natural resources, government and industrial markets. The Company's worldwide sales to both domestic and foreign customers are transacted through a direct sales force and a distributor network.
*Forward-Looking Statements*
Certain statements contained herein are not based on historical fact and are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those provisions. These statements include the terms of the offering or its completion, if at all. These statements can otherwise be identified by the use of words such as "anticipate,""believe,""could,""estimate,""expect,""feel,""forecast,""intend,""may,""plan,""potential,""project,""seek,""should,""would,""will," and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Owing to the uncertainties inherent in forward-looking statements, actual results could differ materially from those stated herein. Factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the loss of major customers, deteriorating of general economic or political conditions, difficulties realizing the anticipated benefits and synergies from the Veth acquisition and managing our expanded operations following the acquisition, competition and other business conditions in the industries in which we operate, adverse changes in the Company's relationships with its distributors and suppliers, the loss of key Company personnel, changes in the regulatory framework governing the Company's business, significant liabilities or costs associated with litigation or other legal proceedings, the restrictions imposed upon our business as a result the restrictive covenants contained in our credit agreements, the negative effects that global capital and credit market issues may have on our liquidity, the costs of borrowing on our operations as well as other risks described more fully in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended June 30, 2018, filed on August 27, 2018 as amended on August 31, 2018, and its subsequent filings under the Securities Exchange Act of 1934. Forward-looking statements reflect management's analysis as of the date of this press release. The Company does not undertake to revise these statements to reflect subsequent developments, other than in its regular, quarterly earnings releases or as otherwise required by applicable securities laws.
*Contact*:
Jeffrey S. Knutson
(262) 638-4242 Reported by GlobeNewswire 13 hours ago.
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A luxury hotel and shopping site in Hong Kong was called upon by the government to exhaust all possible means to save a century-old tree on its site, which was knocked over as Typhoon Mangkhut swept through the city. But the Lands Department said the owner, a subsidiary of developer CK Asset Holdings, had earlier told officials it might have to remove the giant banyan, to ensure public safety. The tree, at the Heritage 1881 site in Tsim Sha Tsui, had stood at the former marine police...
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