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IAC Awarded Contract to Build Biomass Drying Systems

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OVERLAND PARK, Kansas, Oct. 16, 2024 /PRNewswire/ — Industrial Accessories Company (IAC) has been named to design, build, and commission two waste heat biomass drying systems for SDI Biocarbon Solutions, LLC.

Steel Dynamics, Inc. announced the selection of Columbus, Mississippi, as the location for the initial SDI Biocarbon Solutions biocarbon production operations, a joint venture between the company and Aymium. The site is strategically located near one of the company’s largest electric-arc-furnace steel mills, which will consume a portion of the biocarbon as a replacement for anthracite coal and is also central to plentiful sustainably sourced fiber raw material sources.

IAC’s scope of equipment supply includes two Rotary Drum Dryer systems to dry southern yellow pine feedstock as feed for the pyrolysis processors. IAC’s rotary dryers will primarily use the combustion products from the biogas production as well as recirculated dryer exhaust gases as the drying medium.

A bank of three cyclone collectors separate the dry product from the gas stream. Safety systems include explosion venting, spark detection and suppression, fire water deluge, and oxygen analyzers in addition to the fully modulating EGR system minimizing the oxygen content within the dryer systems. PLC based automated burner management and dryer control systems will integrate with the spark detection/suppression and fire water deluge PLC and plant’s DCS system.

IAC will be providing structural, mechanical, electrical, and automation engineering for the project, as well as project management, construction, and commissioning services. IAC’s construction arm, Adelphi Construction LC, will provide structural and mechanical equipment erection, insulation, piping, automation and electrical installation services.  IAC is incorporating Steel Dynamics provided steel into its systems.

“IAC has long been trusted by Steel Dynamics as a provider for dust collection and air pollution control (APC) equipment and engineering services at their mills.” said Mike Sedler, IAC Sr. VP, “SDI Biocarbon Solution’s project allows us to pair our thermal processing technologies with our dust and APC expertise to assist them in utilizing the facility’s excess available renewable energy, representing a meaningful step toward achievement of their environmental goals”.

About IAC: Founded in 1987, IAC is a fully integrated EPC (Engineering, Procurement, Construction) contractor serving numerous industries including cement, steel, mining, food, battery, chemical, and industrial sands. IAC is unique because the company owns and controls all aspects for EPC projects including in-house engineering, a fabrication facility, a construction company, a wide range of IAC original equipment, and fast-response field services and replacement parts. The corporate focus is industrial air pollution control (APC) solutions, but IAC can design and supply any type of industrial process equipment or system including complete greenfield turnkey plant builds. For more information, visit iac-intl.com

About SDI Biocarbon Solutions, LLC: SDI Biocarbon Solutions, LLC is a strategic joint venture between Steel Dynamics and Aymium, a leading producer of renewable biocarbon products. The joint venture is constructing and will operate a biocarbon production facility that will supply Steel Dynamics’ electric arc furnace steel mills with a renewable alternative to fossil fuel carbon, further reducing the impact on the environment.

Media Contact:
Morgan Maloney
mmaloney@iac-intl.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/iac-awarded-contract-to-build-biomass-drying-systems-302278156.html

SOURCE Industrial Accessories Company (IAC)

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TEDCO Releases Equitech Growth Commission’s Preliminary Funding Plan and Priorities

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Announces Inaugural Request for Applications through the Equitech Growth Fund with up to $5M in Estimated Awards

COLUMBIA, Md., Oct. 16, 2024 /PRNewswire/ — TEDCO, Maryland’s economic engine for technology companies, announces the release of the Equitech Growth Commission’s Preliminary Funding Plan and Priorities, along with a Request for Applications (RFA) for the inaugural round of Equitech funding. The Commission’s preliminary plan, which serves as the initial framework for its 10-year strategic plan, outlines broad-based objectives and serves as a guide for shaping funding opportunities made available through the Equitech Growth Fund. The Commission’s Final Funding Plan and Priorities is anticipated to be released in June 2025.

TEDCO Announces Inaugural Request for Applications through the Equitech Growth Fund with up to $5M in Estimated Awards

“With this fund, we are continuing to create strategies that will enhance Maryland’s statewide ecosystem,” said Mindy Lehman, chief government program development, affairs & policy officer at TEDCO. “This grant opportunity allows us to provide even more support to underrepresented communities.”

The Equitech Growth Fund is a key component of the broader Cultivate Maryland initiative, which was launched in response to a recent study that revealed a slowing economic growth rate in Maryland. The initiative aims to create a sustainable and inclusive ecosystem, helping to retain companies while attracting new entrepreneurs to the state.

The inaugural round of funding made available through the RFA aligns with the goals, objectives and outcomes to support economic competitiveness and inclusive growth of emerging and advanced industries in Maryland as outlined in the Commission’s Preliminary Funding Plan. The RFA seeks proposals that leverage partnerships and investments from the private sector, federal government and/or other stakeholders for initiatives focused on workforce development and infrastructure and address one or more of the Commission’s 10-year goals for growing the State’s innovation economy. The total funding pool for the awards is estimated to be up to $5 million.

Funding breakdown:

Infrastructure Awards: $3 million will be awarded to 2 – 4 applications accepted for 12 – 36-month plans, with awards up to $1 million each (estimated).Workforce Awards: $2 million will be awarded to 10 – 12 applications accepted for 12 – 24-month plans, with awards up to $250,000 each (estimated).

Priority areas include:

Entrepreneur DevelopmentExpansion of STEM EducationAdvanced ManufacturingCybersecurity and IT Industry Workforce DevelopmentAdvanced TechnologyAdvanced Laboratory Space

Additional areas of consideration include, but are not limited to:

Environmental and Energy TechnologyAerospace and DefenseSmart Agriculture and Food TechnologyHealthcare, Life Sciences, and BioinformaticsAutonomous Systems and RoboticsFinTechCreative Industries and DigitalLogistics and Supply Chain Innovation

Maryland is a state of opportunity and potential. The release of this RFA signifies an essential strategic step forward, allowing us to fully embrace the state’s potential,” said Troy LeMaile-Stovall, CEO of TEDCO. “With this fund, we’re excited to build a sustainable and inclusive ecosystem that not only supports entrepreneurial innovation but encourages it.”

For eligibility requirements and to read the full RFA, click here.

Applications for the Equitech Growth Fund are due November 6, 2024, by 5 p.m., and can be submitted here. If you have any questions, please contact equitechgrowth@tedcomd.com.

About TEDCO
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.

Media Contact
Tammi Thomas, Chief Development & Marketing Officer, TEDCO, tthomas@tedcomd.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/tedco-releases-equitech-growth-commissions-preliminary-funding-plan-and-priorities-302278445.html

SOURCE TEDCO

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WHIRLPOOL CORPORATION TO ANNOUNCE THIRD-QUARTER RESULTS ON OCTOBER 23RD AND HOLD CONFERENCE CALL ON OCTOBER 24TH

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BENTON HARBOR, Mich., Oct. 16, 2024 /PRNewswire/ — Whirlpool Corporation (NYSE: WHR) will release its third-quarter financial results and presentation materials at 4:05 p.m. ET on Wednesday, October 23, 2024.  Whirlpool Corporation will hold a conference call to discuss its performance with the investment community at 8 a.m. ET on Thursday, October 24, 2024.

To participate in the conference call, dial 1 (888) 440-4038 and Conference ID 2610251. International participants should dial 1 (646) 960-0861 and Conference ID 2610251. Participants should dial in at least 10 minutes prior to the call, as they may experience longer than usual wait times.

The conference call will be webcast live on the Company’s website at www.investors.whirlpoolcorp.com and may be accessed by clicking on the “News & Events” tab located at the top of the page, and by clicking on “Events & Presentations”. To listen to the live webcast, participants should visit the site at least 15 minutes prior to the conference call to download any required streaming media software. Key financial statistics, the earnings presentation, and an archived recording of the conference call will be available on the Company’s website for at least 30 days.

About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading kitchen and laundry appliance company, in constant pursuit of improving life at home and inspiring generations with our brands. The company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees, and 55 manufacturing and technology research centers.  Additional information about the company can be found at WhirlpoolCorp.com.

Website Disclosure
We routinely post important information for investors on our website, WhirlpoolCorp.com, in the “Investors” section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.

View original content to download multimedia:https://www.prnewswire.com/news-releases/whirlpool-corporation-to-announce-third-quarter-results-on-october-23rd-and-hold-conference-call-on-october-24th-302278310.html

SOURCE Whirlpool Corporation

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Etsy to Announce Third Quarter 2024 Financial Results on October 30, 2024

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BROOKLYN, N.Y., Oct. 16, 2024 /PRNewswire/ — Etsy, Inc. (Nasdaq: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, plans to release its third quarter 2024 financial results after market close on Wednesday, October 30, 2024. The press release can be accessed on the Etsy Investor Relations website (investors.etsy.com).

Etsy will also host a video webcast conference call to discuss those results at 5:00 p.m. Eastern Time on the same day, which will be live-streamed via the Company’s Investor Relations website (investors.etsy.com) under the events section. Publishing research analysts will be provided an opportunity to ask company management live questions on the call. A copy of the earnings call presentation will also be posted to our website.

A replay of the video webcast will be available through the same link following the conference call starting at 8:00 p.m. Eastern Time that evening, for at least three months thereafter.

About Etsy

Etsy, Inc. operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world. These marketplaces share a mission to “Keep Commerce Human,” and we’re committed to using the power of business and technology to strengthen communities and empower people. Our primary marketplace, Etsy.com, is the global destination for unique and creative goods. Buyers come to Etsy to be inspired and delighted by items that are crafted and curated by creative entrepreneurs. For sellers, we offer a range of tools and services that address key business needs.

Etsy, Inc.’s “House of Brands” portfolio also includes fashion resale marketplace Depop, and Reverb, the largest online marketplace dedicated to music gear. Each Etsy, Inc. marketplace operates independently, while benefiting from shared expertise in product, marketing, technology, and customer support.

Etsy was founded in 2005 and is headquartered in Brooklyn, New York.

Etsy has used, and intends to continue using, its Investor Relations website and the Etsy News Blog (etsy.com/news) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website and the Etsy News Blog in addition to following our press releases, SEC filings, and public conference calls and webcasts.

Investor Relations Contact:
Deb Wasser, Vice President of Investor Relations & ESG Engagement
ir@etsy.com 

Media Relations Contact:
Kelly Clausen, Vice President of Communications & Community
press@etsy.com

View original content:https://www.prnewswire.com/news-releases/etsy-to-announce-third-quarter-2024-financial-results-on-october-30-2024-302278205.html

SOURCE Etsy, Inc.

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