Tariff uncertainties mean companies are facing significant economic, speed to market, quality, and risk assurance challenges across every level of their supply chains while adapting their sourcing strategy to a changing global trading landscape To thrive in this environment, companies need to have the latest intelligence to formulate compelling strategies, based on the right quality assurance solutions, to minimise the impact of re-engineering their sourcing operations and turn it into a competitive advantageSupplyTek will assure our clients go to market faster with their new sourcing strategy while controlling costs – and crucially, without compromising on Quality, Safety and Sustainability for consumersSupplyTek is the first end-to-end global market access suite of solutions capitalising on Intertek’s leading-edge Consulting, Training and Assurance solutions:
– Consulting – mapping supply chains end-to-end, strategic advice on moving suppliers, advising on market access regulations, risk assessments by market, supplier and product  
– Training – ensuring people and suppliers have the right operating, regulatory and brand standard capabilities
– Assurance – optimising supply chains through global risk-based quality assurance to ensure the highest Quality, Safety and Sustainability standards 24/7 Intertek is uniquely positioned to empower its clients to turn the current trade risks into opportunities, by leveraging its global footprint, industry-leading ATIC solutions, unrivalled supply chain intelligence, deep technical expertise and years of quality assurance and data insights

LONDON, May 2, 2025 /PRNewswire/ — As the pace of change in the global trade landscape intensifies, Intertek, (“Intertek” and “Group”), a Total Quality Assurance provider to a range of industries worldwide, launches the first comprehensive suite of industry-leading ATIC global market access solutions to help companies around the world navigate the complexities of supply chain re-engineering.

Today, companies operate in a truly global market, running complex global multi-sourcing and manufacturing operations as part of an omni-channel approach. In a world where tariffs and trade policies are evolving rapidly and uncertainly, SupplyTek offers businesses access to Intertek’s leading-edge Consulting, Training and Assurance solutions, enabling them to go to market faster with Total Peace of Mind.

SupplyTek capitalises on our global footprint, Science-based Quality Assurance solutions, unrivalled supply chain intelligence, deep expertise and years of data insights to help businesses successfully identify, assess and manage the impact of heightened supply chain risks and ongoing uncertainty on their global operations.

True to Intertek’s pioneering spirit, it is leading the way, becoming the first company globally to help its clients to turn the risks associated with supply chain re-engineering – including tariffs and new trade deals – into an opportunity. SupplyTek will enable brands across all sectors to adapt their business strategies to effectively mitigate changes to international trade, manage the complexity across their supply chains, evolve their product offering with pace and make sure their people and suppliers are operating with the right skills and capabilities.

SupplyTek enables brands to operate with Total Peace of Mind by leveraging Intertek’s leading-edge Consulting, Training and Assurance solutions. These include:

Consulting

Mapping our clients’ Tier 1, Tier 2 and Tier 3 suppliers end-to end to help them understand their impacts, risks and opportunities:
– Identifying alternative supplier opportunities – finished product, raw materials, ingredients and components
– Transportation and logisticsAdvising on a range of strategic and cost-impact factors, including:
– Market access regulations (including CSRD, CSDDD, REACH)
– Applicable labelling, packaging, environmental, sustainability and other requirements
– Traceability and rules of origin requirementsAdvising on the impact of tariffs on supply chains, including:
– Risk assessments by market and by supplier
– Identifying potential issues (quality, authenticity, compliance) with goods of varying origin
– Working with you to validate the economic and other benefits of localised sourcingUsing our Intertek Inform digital platform to give our clients access to over 1.6m product standards, ensuring they have the right information by market to sell their products 

Training

Online, on-demand and in person training on:

Regulatory compliance requirementsHow to assess quality, safety and sustainability of new suppliersHow to assess logistics and transportation capability and risksCustoms & export requirementsEnsuring existing and new suppliers have the right skills and operating capability to meet changing regulatory and brand standard requirements

Assurance

Optimising supply chains, operations and speed to market in the face of tariff changes / uncertainty, including by accelerating the onboarding of new suppliersGiving our clients Total Piece of Mind and protecting their reputation and brand as they transform their operations and supply chains by:
– Putting in place new management systems in their operations and supply chains to ensure the highest quality, safety and sustainability standards 24/7
– Audits against ISO standards
– Supplier management audits to validate working conditions, fair labour and ethical compliance
– Identifying and mitigating the quality, safety and sustainability risks in their new supply chainsGiving our clients the technology and digital tools they need, including our risk-monitoring digital solution which provides a Quality, Safety and Sustainability warning system and allows tracking of performance

This unique combination of services and technology makes Intertek’s SupplyTek solutions the most comprehensive offering on the market for pinpointing specific areas of risk, enabling companies to power ahead safely by maintaining speed to market while controlling costs and crucially, without compromising on Quality, Safety and Sustainability for consumers.

With more than 1,000 laboratories and offices in more than 100 countries, Intertek’s experts will provide solutions specific to each industry sector and product category, offering the bespoke services each client needs to succeed in an uncertain marketplace.

Andre Lacroix, CEO of Intertek Group, commented:

“At this time of international trade and supply chain changes, our clients around the world are in need of systemic solutions, advice and guidance on global market access, enabling them to bring their products to market at speed but without compromising on the right Quality Assurance, Safety and Sustainability standards.

Our role in society is mission-critical, providing ATIC solutions to over 400,000 clients across every industry and region. It is at times like this where our purpose comes to life and our passion for Science-based excellence makes a huge difference for our clients. We are uniquely placed to help companies navigate the current environment capitalising on our data-driven insights and technical expertise in each of the industries we operate in.

SupplyTek empowers our clients to confidently navigate today’s fast changing global environment, turning uncertainty into opportunity. Based on our Science-based technical deep expertise, market insights, and our global portfolio of industry-leading Risk-based Quality Assurance solutions, Intertek is uniquely positioned to help businesses around the world adapt with speed and confidence to uncertainty, enabling them to better protect value for their shareholders and continue delivering superior quality for their customers.”

https://www.intertek.com/news/2025/intertek-launches-supplytek/

Intertek

Intertek is a leading Total Quality Assurance provider to industries worldwide.

Our network of more than 1,000 laboratories and offices in more than 100 countries delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.

Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.

intertek.com

Contact:  Intertek@dentonsglobaladvisors.com 

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SOURCE Intertek

NEWPORT BEACH, Calif., May 2, 2025 /PRNewswire/ — Ernst & Young LLP (EY US) announced the finalists for the prestigious Entrepreneur Of The Year 2025 Pacific Southwest Award. Now in its 40th year, the Entrepreneur Of The Year program celebrates the bold leaders who disrupt markets through the world’s most ground-breaking companies, revolutionizing industries and making a profound impact on communities. The program honors bold entrepreneurs whose innovations shape the future and pave the way for a thriving economy and a hopeful tomorrow.

An independent panel of judges selected Lance Watkins for his entrepreneurial spirit, purpose, growth and lasting impact in building long-term value.

“Being named an Entrepreneur Of The Year finalist is a deeply meaningful honor. My journey in self-storage began over 25 years ago, sparked by mentorship and driven by a relentless pursuit of finding more innovative ways to operate. From pioneering the use of underutilized land like utility easements to being the first operator to embrace the potential of the internet for reaching tenants, innovation has always been at the heart of what I do. That drive led me to pioneer e-commerce capabilities for the storage industry through Storage Outlet, transform auctions with StorageTreasures, launch the first full-service co-op through Storelocal, and ultimately, focus on shaping the future of self-storage software with Tenant Inc., the first operator-focused VSaaS platform. Throughout, my focus has always remained clear: applying innovation to solve the real-world challenges that storage operators like myself face every day. For me, this recognition validates that career-long pursuit, but the real credit for the growth and impact goes to the incredible teams across Storage Outlet, StorageTreasures, Storelocal, Charity Storage, and Tenant Inc. While we’re always focused on what’s next, I’ll certainly pause for a moment to reflect on this acknowledgment and how far we’ve come together.”

Entrepreneur Of The Year honors business leaders for their ingenuity, courage and entrepreneurial spirit. The program celebrates original founders who bootstrapped their business from inception or who raised outside capital to grow their company; transformational CEOs who infused innovation into an existing organization to catapult its trajectory; and multigenerational family business leaders who reimagined a legacy business model to strengthen it for the future.

Regional award winners will be announced on June 6th during a special celebration in San Diego and will become lifetime members of an esteemed community of Entrepreneur Of The Year alumni from around the world. The winners will then be considered by the National judges for the Entrepreneur Of The Year National Awards, which will be presented in November at the annual Strategic Growth Forum®, one of the nation’s most prestigious gatherings of high-growth, market-leading companies.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards include presenting sponsors PNC Bank, Cresa, LLC, Marsh McLennan Agency and SAP. In the Pacific Southwest, sponsors also include Platinum sponsor: Vaco; Gold sponsors: Cooley (San Diego market) and Stradling (Orange County market) and Silver sponsors: ADP and Big Picture.

About Entrepreneur Of The Year

Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries globally.

The US program consists of 17 regional programs whose panels of independent judges select the regional award winners every June. Those winners compete for national recognition at the Strategic Growth Forum® in November where National finalists and award winners are announced. The overall National winner represents the US at the EY World Entrepreneur Of The Year™ competition. Visit ey.com/us/eoy.

About EY

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

All in to shape the future with confidence.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

About Tenant Inc.

Tenant, Inc. empowers self-storage operators with an all-in-one SaaS platform designed to streamline operations and maximize revenue. Their comprehensive cloud-based suite of tools includes property management software, self-storage websites, digital marketing services, and more—giving storage owners and operators everything they need to compete and thrive in today’s competitive self-storage market.

For more information, please visit tenantinc.com.

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SOURCE Tenant Inc.

New facility to accelerate growth and streamline processes in electric forklift production, solidifying the company as a leader in material handling

HOUSTON, May 2, 2025 /PRNewswire/ — Mitsubishi Logisnext Americas, one of the world’s leading manufacturers and providers of material handling, automation, and fleet solutions, today announced the completion of a major expansion at its Houston manufacturing campus with the 73,500-square-foot electrification fabrication facility. This milestone marks a significant step in the company’s strategic initiative to grow its footprint in the rapidly expanding electric market.

The new facility is designed to meet the rising demand for Mitsubishi Logisnext Americas’ Electric Class I and Class II products, including the pantograph reach truck, order picker, and stand-up counterbalance forklift. It is also designed to significantly enhance production capacity, streamline operations, and lower manufacturing costs to better serve evolving customer needs.

“This expansion is a reflection of our continued commitment to innovation and growth,” said Berry Mansfield, President of Mitsubishi Logisnext Americas. “It took a shared vision to bring this expansion to life, and we’re proud of what we’ve built. This facility not only supports our growth in electrification but also creates a more engaging environment for our employees. We’re excited to start production this year.”

Construction began with a groundbreaking in August 2023 and was completed in spring 2024. Installation of advanced technologies, including powder painting and robotic welding equipment, took place throughout 2024, culminating in the completion of the new electrification building in 2025.

The development aligns with Mitsubishi Logisnext Americas’ long-term strategic goal to grow its warehouse product market share. With electric-powered solutions continuing to outpace internal combustion (IC) vehicles in the market, this facility strengthens the company’s position for sustained momentum.

In total, Mitsubishi Logisnext Americas has invested nearly $20 million in the new facility to respond to increasing demand while improving lead times, profitability, and product quality. The new facility will help all parties involved by streamlining operations and boosting overall manufacturing efficiency, delivering greater value to customers, employees and partners.

To learn more about Mitsubishi Logisnext Americas and its network of dealers, please visit www.logisnextamericas.com.

About Mitsubishi Logisnext Americas
Mitsubishi Logisnext Americas Inc., and its group companies have helped customers Move The World Forward for over 100 years. A technology-driven manufacturer, Mitsubishi Logisnext Americas offers scalable solutions from material handling to automation and extensive fleet support. Headquartered in Houston, Texas, its complete portfolio of advanced solutions spans across five leading brands – Mitsubishi forklift trucks, Cat® lift trucks, Rocla AGV Solutions, UniCarriers® Forklifts and Jungheinrich® warehouse and automation products. All products are backed by an extensive dealer network offering industry-leading customer service and product support. Mitsubishi Logisnext Americas is a wholly-owned subsidiary of Mitsubishi Logisnext Co. Ltd. For more information, visit www.LogisnextAmericas.com.

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SOURCE Mitsubishi Logisnext Americas