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FLORENCE, Ky., February 22, 2023 (Newswire.com)
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NEW YORK…
Rhode Island-based manufacturer to be recognized for providing the top environment monitoring platform available worldwide
WARREN, R.I., February 22, 2023 (Newswire.com)
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AVTECH Software (AVTECH) is delighted to announce that it will be featured on the “World’s Greatest!…” television program in segments airing on the Bloomberg network in February and March.
Now celebrating its 35th year in business, AVTECH manufactures Room Alert, the world’s most popular environment monitoring platform designed to protect people, property, and productivity to provide peace of mind. Room Alert is Made in the USA and monitors environment conditions such as temperature, humidity, flood, power, smoke, and more. Room Alert is currently used in 187 of 196 countries by organizations ranging from thousands of small businesses to Boeing, Sprint, Microsoft, over 80% of the Fortune 1000, the United Nations, and many government agencies.
“World’s Greatest!…” has been featuring people, places, and companies that embody some of the most unique and amazing in the world for over 17 years. This award-winning program will be featuring AVTECH and the Room Alert proactive environment monitoring platform on Feb. 26 and March 5, 2023. Previous companies profiled on “World’s Greatest!…” include Coca-Cola, Samsung, Dow, 3M, and many other titans of industry. A film crew visited AVTECH’s historic Cutler Mill headquarters in November 2022 to interview the staff and film segments highlighting Room Alert’s expansive history in protecting facilities of all types around the world.
“Being chosen as a featured company on the ‘World’s Greatest!…’ program has been an incredible experience for us,” said Richard Grundy, AVTECH President and COO. “Our team is absolutely the best in the environment monitoring industry, and getting the chance to showcase them and our products to an international audience is a testament to our company’s longevity and strength. Hosting a film crew here in Rhode Island was enjoyable and educational for all of us, and we are grateful to How2Media and ‘World’s Greatest!…’ for choosing AVTECH and Room Alert to feature on their program. It’s especially rewarding for this recognition to come in our 35th anniversary year.”
In addition to Room Alert environment monitors, AVTECH also offers a wide range of digital, switch and analog sensors designed to help users monitor as many environment conditions as possible to help protect their facilities. Users can also take advantage of the Room Alert Account online dashboard to manage their devices from anywhere in the world, in addition to the locally downloadable Room Alert Manager software also provided by AVTECH. Room Alert is a crucial part of any organization’s business continuity plan, as it allows users to fully monitor environment conditions in their facilities that can cause unexpected outages, loss, or negatively impact employee wellness.
About AVTECH
AVTECH Software (AVTECH), a private corporation founded in 1988, is a computer hardware and software developer and manufacturer based in Warren, RI with an international sales office in Dubai, UAE as well as an international distribution facility in Shannon, Ireland. AVTECH’s Room Alert products are made in the USA and proactively monitor critical facilities and assets for conditions such as temperature, humidity, power, flood/water leakage, smoke/fire, air flow, room entry, motion, cameras and more. Room Alert is in use in over 185 countries and can be found in over 80% of the Fortune 1000, most state and federal agencies, and all branches of the U.S. military.
Contact Information:
Russell Benoit
Marketing and Channel Communications Manager
4016281600
Original Source:
AVTECH and Room Alert to Be Featured on ‘World’s Greatest!’ Program on Bloomberg Network
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A Look Back at 85 Years of Growth and Expansion: Papé’s Journey From a Single Equipment Dealership in Oregon to a Premier Dealer in the West
EUGENE, Ore., February 22, 2023 (Newswire.com)
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Papé is celebrating its 85th year as the premier capital equipment dealer of the West through a consistent dedication to supporting local communities, employing countless families, and providing customers with the highest caliber of end-to-end solutions and reliable service.
Since 1938, when E.C. Papé acquired his first equipment dealership in Oregon’s Willamette Valley, the standards of quality and service he created have remained the same. Today, Papé provides consistent, quality customer service for the warehouse workers, truckers, loggers, construction workers, and farmers who build the West.
After E.C.’s sons, Ed and Dean Papé, took over the family business in 1945, they expanded the dealership in 1952 to support customers in Roseburg and Coos Bay, Oregon, and later acquired the Caterpillar Dealership. In 1978, Papé modified the Caterpillar 245 Excavator for the logging industry. This development created an entirely new method of transporting trees in the Cascades known as Shovel logging, which uses a log loader to swing logs to the forest road. Since Papé began modifying Caterpillar machinery, the company has stood at the forefront of innovation for customers, dealers, and manufacturers.
Over the next 30 years, the Papé Group has also grown to include Ditch Witch underground construction equipment, John Deere Construction & Forestry, Kenworth Trucks, and John Deere Agriculture & Turf.
With its growth, the Papé Group has remained true to its core values of customer service and reliability, which fueled its growth into the modern age. From selling and servicing the equipment used to build Interstate 5 through Oregon to supporting the movement toward cleaner and more sustainable fuel, Papé has built its reputation on the belief of an honest deal and a firm handshake. Each branch of Papé works with best-in-class manufacturers for each industry to keep customers moving with innovation and end-to-end capital equipment solutions.
As a fourth-generation, family-owned company, Papé is dedicated to supporting local charities, such as FFA organizations, education foundations, family centers, churches, children’s hospitals, and many more. Papé serves as an annual sponsor for United Way of Lane County, which focuses on creating a community where all kids can be successful in school and life. Papé also sponsors equipment for various schools and athletic programs.
Today, Papé is consistently committed to delivering the best capital equipment solutions with a footprint that started in Oregon and grew throughout the West in Washington, California, Nevada, Idaho, Montana, Wyoming, Arizona, and Alaska.
Innovation, expansion, and community involvement play significant roles in Papé’s success as the preeminent equipment dealer and reliable partner that keeps the West moving. Over the next 85 years, Papé will remain true to the guiding principles customers rely on while looking forward to the future for new, innovative methods to maximize uptime in the years to come.
About PAPÉ GROUP: Papé is your provider for all your end-to-end solutions and premium capital equipment needs. Serving the West for 85 years, we maximize our customers’ uptime through top-quality equipment, convenient maintenance service, and the best customer service. As the leading supplier of construction, logging, material handling, landscaping, trenching, and farm equipment, as well as semi-trucks and warehouse products, Papé makes good on providing our customers with end-to-end solutions. Papé has remained a local and family-owned company since its creation because we want to ensure Papé’s commitment to our customers remains consistent and reliable.
Contact Information:
Joe Liebersbach
Director of Client Strategy, FPW Media
541-953-9061
Original Source:
Papé Reaches Milestone 85th Year as Trusted Capital Equipment Dealer of the West
This acquisition reaffirms DHS’ strategy to become one of the fastest growing pharmaceutical organizations in Latin America
WASHINGTON, February 22, 2023 (Newswire.com)
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DHS Ventures & Holdings, one of the world’s largest private equity investors, today announced it has entered into a definitive agreement to acquire Grupo SILMEX.
Grupo SILMEX is an integrated pharmaceutical company focused on developing, manufacturing, and marketing high-quality branded generic, private label and OTC products targeted to the private market and offering CDMO services across key market segments in Mexico. Grupo SILMEX offers a diversified portfolio of products across key categories and has strong R&D and manufacturing capabilities, operating six modern production facilities in Mexico, including three FDA-approved plants with the ability to export to the U.S.
With a highly seasoned management team that has driven strong operating and financial performance over the past years, Grupo SILMEX is well positioned to capitalize on the strong secular tailwinds underpinning the Mexican market and sustain consistent growth across its different business lines. Grupo SILMEX generated approximately US$184 million in net revenues (on an expected combined basis).
“We are thrilled to execute an important milestone on our long-planned rollup strategy with an ideal acquisition target for DHS Ventures & Holdings,” said Fernando Aguirre, Executive Vice Chairman. “We believe Grupo SILMEX diversified portfolio of innovative products alongside its management and technical capabilities will help accelerate DHS top and bottom-line growth into the near future. With this acquisition, DHS Ventures continues to diversify its products and geographies based on being a leader in innovative oral delivery systems. I am excited to finally have a physical presence in Mexico, a country for which we have had great admiration for many years. This is something that we have been working towards for quite some time. This announcement marks an incredibly proud day in our company´s 45-year-old history.”
Peter Weinstein, Chairman of the M&A Committee of DHS Ventures, added: “Grupo SILMEX represents a significant step forward for our regional consolidation strategy, expanding our reach in Mexico, which we anticipate will represent approximately 30% of the total revenues of the companies’ combined, with the expectation to grow even more. We believe the combination of Grupo SILMEX and DHS Ventures advances our position as a leading pan-regional integrated pharmaceutical company in Latin America and represents a unique opportunity to realize not only significant innovation capabilities as well as significant synergies through cross-selling opportunities and cost efficiencies.“
Contact Information:
Kali Ferrati
Vice President of Communications
202-719-0398
Steven Palmer
Senior Vice President of Communications
202-719-0398
Original Source:
Fernando Aguirre, Vice Chairman of DHS Ventures, Announced Acquisition of Grupo SILMEX for $750M Gaining Presence in Mexico
Fastexverse, the metaverse company of Fastex ecosystem, hosts the launch of Paul Dawalibi’s new book, “Metaverse dream”.
DUBAI, Arab Emirates, February 22, 2023 (Newswire.com)
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Fastexverse – the metaverse company for Fastex ecosystem, will host the launch of the new book “Metaverse dream” by Paul “The Profit” Dawalibi, a renowned futurist and virtual reality expert.
In “Metaverse dream”, Paul takes readers on a journey through the metaverse and examines its potential to change the way we live, work, and play. He also shares his thoughts on the challenges and opportunities that lie ahead as we move towards a fully realized metaverse.
The book will be available on Fastexverse’s platform and is sure to be a valuable resource for anyone interested in the future of the metaverse and virtual reality. Users can explore parts of the book in a specially built 3D room, videos, reports on Metaverse industry, quotes from the book, illustrations and more. The book is published by the renowned Assouline and will be presented and available in ftNFT store in the Mall of emirates, Dubai.
“I am truly excited to partner with Fastexverse. The next decade will radically transform fun, entertainment and leisure and set the stage for the inevitable outcome of gaming and metaverse dominance. There is a multi-trillion dollar industry at stake. More wealth will be created in the metaverse over the next few decades than in any other industry,” says “The Profit”.
“As an active member of this new industry, it was very important for us to host a presentation about Metaverse in the Metaverse environment. Fastexverse is happy to give the opportunity to thousands of people to learn more about the possibilities of near future,” says Vahe Khachatryan, the head of Fastexverse.
Contact Information:
Vahe Khachatryan
Head of Fastexverse
Original Source:
Fastexverse Hosts Presentation of the Book ‘Metaverse Dream’
