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Share this article Share this article MADISON, Wis., April 26, 2021 /PRNewswire/ Madison-Kipp Corporation (MKC) (www.madison-kipp.com), a leading supplier of high-pressure die cast aluminum parts, announced on April 26, 2021 that Wanxiang America Corporation (Wanxiang America) has joined PineBridge Structured Capital Partners ( PineBridge Structured Capital ) as an investor in Madison-Kipp. This partnership with a respected leader and innovator in the international automotive components sector will significantly enhance MKC s ability to serve its diverse roster of customers. Tim Kaderabek, President and CEO stated, We believe this strategic investment by Wanxiang America, along with the continued support from our financial sponsor PineBridge Structured Capital, is a testament to Madison-Kipp s capabilities and strong reputation for quality, responsiveness and reliability. Wanxiang America s global relationships, as well as its operating discipline and ....
Clarius, Wanxiang America Sell 587 KSF Charleston-Area Asset Avison Young arranged the sale of the property at Omni Industrial Campus in Summerville, S.C. Mar042021 Image courtesy of Avison Young Chicago-based firms Clarius Partners and Wanxiang America Real Estate Group have sold a 587,720-square-foot industrial property at 537 Omni Industrial Blvd. in Summerville, S.C. According to public records, Evergreen Medical Properties paid $49.2 million for the asset. The buyer took out a $30 million loan from Reinsurance Group of America for the purchase. The building was constructed in 2018 and is fully leased to 3G Distribution Services, a third-party logistics provider. Avison Young Principals Erik Foster and Mike Wilson, members of Avison Young’s National Industrial Capital Markets Group represented the seller. Foster and Wilson also successfully raised the development equity on Clarius’ behalf to construct the project. In November 2016, the ....
Remember way back to January 25, 2006, when then-Governor Granholm told all Michiganders during her State of the State address “In 5 years, you re gonna be blown away”. Well, Michigan was certainly blown away. According to the Mackinac Center for Public Policy since she took office, Michigan has experienced: A precipitous decline in the relative wealth of its residents. Since January 2003, Michigan s per-capita personal income rank among the states has dropped from 23rd to 37th. Our personal income is now $5,259 (13.1 percent) below the national average. A large decline in economic output as measured by state Gross Domestic Product, dropping from 26th at the start of the Granholm administration to 41st through 2008. ....
Former Michigan Gov. Jennifer Granholm testifies before the Senate Energy and Natural Resources Committee during a hearing to examine her nomination to be secretary of energy on Capitol Hill Jan. 27, 2021, in Washington, D.C. (Photo: Jim Watson-Pool/Getty Images) President Joe Biden’s nominee to head the Department of Energy, Jennifer Granholm, divvied out millions in taxpayer funds during her two terms as Michigan governor to alternative energy companies that eventually went bankrupt. In one instance, Granholm’s administration provided a $9.1 million refundable tax credit to a renewable energy company registered to the address of a single-wide trailer and run by a convicted embezzler named Richard Short. ....
Share this article NORTH HOLLYWOOD, Calif., Dec. 15, 2020 /PRNewswire/ ConsejoSano , Inc., a fast-growing healthcare technology company, which delivers culturally-centric and technology-based solutions designed to close the gap in multicultural patient care, announced the closing of $17 million in a Series B funding round led by Magnetic Ventures. Additional investors include The American Heart Association/Bernard J. Tyson Impact Fund, DaVita Venture Group, Salesforce Ventures, NBA All-Star Victor Oladipo, as well as existing institutional investors 7wireVentures, Impact Engine, Tufts Health Plan, and Wanxiang America. The total raised is $24 million to date. According to the National Academies of Science, Engineering and Medicine, health disparities for racial and ethnic minorities in the United States take on many forms, including higher rates of chronic disease and premature death compared to the rates among whites. The organization states that racial and eth ....