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Stay informed with the latest Industrial and Manufacturing market news in our newsroom. From advancements in automation and supply chain innovation to key industry trends and market updates, we provide the insights you need to navigate this essential sector.

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Gemini Coatings Boosts Production Portfolio with Sirca Waterborne
Industrial & ManufacturingProduct Announcements

Gemini Coatings Boosts Production Portfolio with Sirca Waterborne

August 18, 2022 5:50 PM

EL RENO, OK / ACCESSWIRE / August 18, 2022 / Gemini Coatings is now manufacturing Sirca waterborne products in its new, state-of-the-art water-based facility at its headquarters in El Reno, Oklahoma. Sirca North America, a division of Gemini Industries, was created by the collaboration between Gemini Industries and Sirca S.p.A. to combine the technology and performance of Sirca's high-performance Italian coatings with the production capabilities...

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XS Financial Closes $24 Million Credit Line With Needham Bank
Industrial & ManufacturingFinancing

XS Financial Closes $24 Million Credit Line With Needham Bank

August 18, 2022 8:30 AM

LOS ANGELES, CA / ACCESSWIRE / August 18, 2022 / XS Financial Inc. ("XS Financial", "XSF" or the "Company") (CSE:XSF) (OTCQB:XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced today that it has entered into a new $24 million line of credit ("Credit Facility") with Needham Bank committing $20 million and acting as the administrative agent. XS Financials'...

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Exxe Group Reports Revenues and Profits for the Quarter Ending June 30, 2022
Industrial & ManufacturingEarnings

Exxe Group Reports Revenues and Profits for the Quarter Ending June 30, 2022

August 18, 2022 8:30 AM

Exxe reports quarterly revenue of $11.7M and profits of $3.3M1Q2023 revenues increased 6.5% to $11.7M versus $11.0M in 1Q20221Q2023 net income increased 77.5% to $3.3M versus $1.8M in 1Q2022NEW YORK, NY / ACCESSWIRE / August 18, 2022 / Exxe Group, Inc. (OTC PINK:AXXA), ("Exxe" or the "Company") reports financial results for the Quarter ending June 30, 2022.Exxe Group Key Metrics 1Q2023 ($)1Q2022 ($)Percentage Change (%)Total Current...

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Quality Industrial Corp. Outlines Its Progress Following the Filing of Second Quarter of 2022 Disclosure
Industrial & ManufacturingRegulatory

Quality Industrial Corp. Outlines Its Progress Following the Filing of Second Quarter of 2022 Disclosure

August 17, 2022 5:35 PM

SAN FRANCISCO, CA / ACCESSWIRE / August 17, 2022 / Quality Industrial Corp. (OTCQB:QIND), today filed its second quarter of 2022 results. Although the company did not file any revenue during the period, it was a productive quarter during which the company laid solid foundations for future growth. As a result of progress made, the company now projects upwards of $20-25 million revenue during the third quarter.QIND made significant improvements...

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Loop Industries to Speak in Water Tower Research Fireside Chat on August 23rd, 2022
Industrial & ManufacturingCompany Update

Loop Industries to Speak in Water Tower Research Fireside Chat on August 23rd, 2022

August 17, 2022 11:50 AM

MONTREAL, QC / ACCESSWIRE / August 17, 2022 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Daniel Solomita, Founder and CEO of Loop Industries will participate in a fireside chat with Water Tower Research on August 23rd, 2022 at...

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XS Financial Announces the Appointment of Stephen Christoffersen As Its New Chief Financial Officer
Industrial & ManufacturingManagement Changes

XS Financial Announces the Appointment of Stephen Christoffersen As Its New Chief Financial Officer

August 17, 2022 8:30 AM

LOS ANGELES, CA / ACCESSWIRE / August 17, 2022 / XS Financial Inc. ("XS Financial", "XSF" or the "Company") (CSE:XSF) (OTCQB:XSHLF), a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced today that Mr. Stephen Christoffersen has been appointed as Chief Financial Officer, replacing Mr. Nelson Lamb.Mr. Christoffersen is an accomplished finance executive who has been a...

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Smith-Midland to Present and Host Investor Meetings at the 13th Annual Midwest IDEAS Investor Conference on August 24th
Industrial & ManufacturingConferences

Smith-Midland to Present and Host Investor Meetings at the 13th Annual Midwest IDEAS Investor Conference on August 24th

August 17, 2022 8:00 AM

MIDLAND, VA / ACCESSWIRE / August 17, 2022 / Smith-Midland Corporation (NASDAQ:SMID) (the "Company"), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced that management will attend and host investor meetings at the Midwest IDEAS Investor Conference on August 24, 2022. The Company's presentation is scheduled at 4:00pm ET and will be webcast and may be accessed through the...

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HireQuest, Inc. Declares Quarterly Dividend
Industrial & ManufacturingDividends

HireQuest, Inc. Declares Quarterly Dividend

August 16, 2022 4:05 PM

GOOSE CREEK, SC / ACCESSWIRE / August 16, 2022 / HireQuest, Inc. (NASDAQ:HQI), a national franchisor of direct dispatch, executive search, and commercial staffing services, today announced that its Board of Directors has declared a quarterly dividend of $0.06 per share. The dividend is payable September 15, 2022, to shareholders of record at the close of business on September 1, 2022.About HireQuestHireQuest, Inc. is a nationwide franchisor of...

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Liquid Intelligent Technologies Completes Acquisition of Telrad
Industrial & ManufacturingMergers and Acquisitions

Liquid Intelligent Technologies Completes Acquisition of Telrad

August 16, 2022 8:00 AM

TEL AVIV, ISRAEL / ACCESSWIRE / August 16, 2022 / Leading African technology infrastructure and services provider Liquid Intelligent Technologies (Liquid) (www.Liquid.Tech), a business of Cassava Technologies (Cassava), today announced the finalisation of its 100% acquisition and delisting of Telrad, an Israeli-based technology company (TASE: ILA). Telrad has a significant presence in 13 countries across the Middle East, South America, United...

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Basanite Inc. Welcomes Sergio S. Salani to its Board of Directors
Industrial & ManufacturingCompany Update

Basanite Inc. Welcomes Sergio S. Salani to its Board of Directors

August 16, 2022 8:00 AM

POMPANO BEACH, FL / ACCESSWIRE / August 16, 2022 / Basanite, Inc. (OTCQB:BASA) (hereafter referred to as "Basanite" or the "Company") today announced that Sergio S. Salani has joined the Company's Board of Directors."We are delighted to welcome Mr. Salani to our Board," said Michael V. Barbera, Basanite's Chairman. "Mr. Salani is a seasoned entrepreneur with significant experience in finance, legal, and technology matters. We believe Mr. Salani...

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Ferguson PLC Announces Transaction in Own Shares
Industrial & ManufacturingRegulatory

Ferguson PLC Announces Transaction in Own Shares

August 16, 2022 2:00 AM

Ferguson Share Repurchase Program - Weekly ReportWOKINGHAM, UK / ACCESSWIRE / August 16, 2022 / Ferguson plc (NYSE:FERG)(LSE:FERG) (the "Company") announces today that it purchased a total of 204,178 of its ordinary shares in the period from August 8, 2022 up to and including August 12, 2022 in connection with its $2 billion share repurchase program.Aggregated information about the purchases carried out during this periodTrading dayAggregate...

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Charah Solutions, Inc. Reports Second Quarter 2022 Results
Industrial & ManufacturingEarnings

Charah Solutions, Inc. Reports Second Quarter 2022 Results

August 15, 2022 5:40 PM

Company Announces Agreement for First EnviroSource DeploymentReported Revenue of $77.1 million for the Period; New Awards of $328 million Year-to-DateBacklog of Future Work Stands at $1.55 billion; Extends to 2036LOUISVILLE, KY / ACCESSWIRE / August 15, 2022 / Charah Solutions, Inc. (NYSE:CHRA) ("Charah Solutions" or the "Company"), a leading provider of environmental services and byproduct recycling to the power generation industry, today...

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TechPrecision Corporation  Provides Preliminary First Quarter Fiscal 2023 Results
Industrial & ManufacturingEarnings

TechPrecision Corporation Provides Preliminary First Quarter Fiscal 2023 Results

August 15, 2022 4:05 PM

WESTMINSTER, MA / ACCESSWIRE / August 15, 2022 / TechPrecision Corporation (OTCQB:TPCS) ("TechPrecision" or the "Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2023 fiscal first quarter on Monday, August 22, 2022.We are in the process of...

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Air T, Inc. Reports First Quarter Fiscal 2023 Results
Industrial & ManufacturingEarnings

Air T, Inc. Reports First Quarter Fiscal 2023 Results

August 12, 2022 4:15 PM

DENVER, NC / ACCESSWIRE / August 12, 2022 / Air T, Inc. (NASDAQ:AIRT) is an industrious American company with a portfolio of businesses, each of which is independent yet interrelated. We seek dynamic individuals and teams to operate companies using processes that increase value over time. We believe we can apply corporate resources to help activate growth and overcome challenges.Our core segments are overnight air cargo; aviation ground...

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AsiaFIN Holdings Corp. (ASFH) Commencement of trading in the OTC Market
Industrial & ManufacturingIPO

AsiaFIN Holdings Corp. (ASFH) Commencement of trading in the OTC Market

August 12, 2022 8:00 AM

KUALA LUMPUR, MALAYSIA / ACCESSWIRE / August 12, 2022 / AsiaFIN Holdings Corp. (OTC PINK:ASFH), a fintech company base in Malaysia, is pleased to announce that its common stocks has commences trading in the US OTC Market on August 11, 2022. With the stock closing at traded price of USD1.20, the company has achieved a market capitalization of approximately USD88 Million.AsiaFIN Holdings Corp, CEO, Mr Wong Kai Cheong said, "The successful public...

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Global Industrial to Participate in the 12th Annual Midwest IDEAS Investor Conference on August 24th in Chicago, IL
Industrial & ManufacturingConferencesConference Call

Global Industrial to Participate in the 12th Annual Midwest IDEAS Investor Conference on August 24th in Chicago, IL

August 12, 2022 8:00 AM

PORT WASHINGTON, NY / ACCESSWIRE / August 12, 2022 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced that Tex Clark, Senior Vice President and Chief Financial Officer, will be attending the 12th Annual Midwest IDEAS Investor Conference. The Company will present at 3:15 p.m. ET on Wednesday, August 24, 2022. The live broadcast and replay of the presentation will be...

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Corporate Update
Industrial & ManufacturingCompany Update

Corporate Update

August 12, 2022 7:00 AM

DELAND, FL / ACCESSWIRE / August 12, 2022 / ARC Group Worldwide, Inc. (OTC PINK:ARCW), following the business combination with RM2 International S.A. completed on February 1, 2022, is a leader of the smart pallet revolution with autonomous IoT sensor technology embedded in its logistically-optimized, hygienic BLOCKPal™ composite pallets. The Company is pleased to provide this trading update.RM2 continues to experience record demand for its...

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Expion360 Reports Record Revenue for the Second Quarter of 2022
Industrial & ManufacturingEarnings

Expion360 Reports Record Revenue for the Second Quarter of 2022

August 11, 2022 8:31 AM

REDMOND, OR / ACCESSWIRE / August 11, 2022 / Expion360, Inc. (NASDAQ:XPON), which is focused on the design, assembly, manufacturing and sales of lithium-ion phosphate batteries and supporting accessories for recreational vehicles and marine applications, reported results for the second quarter ended June 30, 2022. All comparisons are to the same year-ago period unless otherwise noted.Q2 2022 Financial HighlightsRevenue increased 122% to a record...

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Smith-Midland Reports Second Quarter 2022 Financial Results
Industrial & ManufacturingEarnings

Smith-Midland Reports Second Quarter 2022 Financial Results

August 11, 2022 8:00 AM

Reports 37 Percent Year-Over-Year Increase in Backlog to $35.7 MillionMIDLAND, VA / ACCESSWIRE / August 11, 2022 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced its results for the second quarter ended June 30, 2022.Second Quarter 2022 Summary (Compared to Prior-Year Quarter)Revenue of $13.3 million, an 8 percent increaseBarrier...

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Air T, Inc. Announces Webcast Availability for 2022 Annual Meeting of Stockholders
Industrial & ManufacturingShareholder Meeting

Air T, Inc. Announces Webcast Availability for 2022 Annual Meeting of Stockholders

August 10, 2022 4:30 PM

DENVER, NC / ACCESSWIRE / August 10, 2022 / Air T, Inc. (NASDAQ:AIRT) announced today that the Company's 2022 Annual Meeting of Stockholders (the "Annual Meeting") will be available to attendees via webcast as well as in person. As previously announced, the Annual Meeting will be held on Wednesday, August 17, 2022 at 8:30AM, Central Time. Stockholders will be able to physically attend the Annual Meeting or participate via webcast. Directors and...

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