Author: admin
Konstantin Dzhengozov, the CFO and co-founder of Payhawk, has achieved a major milestone—with a valuation of $1 billion, the spend management solution has become the first Bulgarian company to achieve unicorn status. While the co-founders had no background in software, their hunger to learn ultimately drove their success. “We wanted to build a business model that is very granular and robust so that we can iterate constantly. This helped us early on to focus on the big picture, understand the value chain of the industry, and see how, when and what we need to do to be profitable and how…
Polestar plans to adjust its business plan to meet its goal of achieving cash flow breakeven by the end of 2025. By adapting their business plans, manufacturers can mitigate the impact of import tariffs and pricing pressures in global EV markets, including China. Polestar CEO Thomas Ingenlath said: “Production of the Polestar 3 in South Carolina is scheduled to begin in late summer, while production of the Polestar 4 is expected to begin in Korea in late 2025, diversifying our manufacturing base and mitigating the impact of the announced tariffs.” For the three months ended March 31, 2024, revenue decreased…
Ryan Oakley, owner of True North Group property liquidation services, said he has purchased five lifebuoys for the end of the pier and is waiting for city permission to install them. A Langford business owner said the recent drowning death of a teenager on Langford Lake has “shocked” the entire community, and he wants to purchase lifebuos for the pier and install them as soon as possible. Ryan Oakley, owner of True North Group Property Liquidation Services, said he bought five pier-end lifebuos from Canadian Tire for $89.99 each and hooks from Rona for $9.99 and is waiting for permission…
China's economy has had a turbulent year in 2022, dealing with multiple COVID-19 outbreaks. However, despite these challenges, areas such as foreign trade and investment have continued to record double-digit growth as China lifts COVID-19 restrictions and paves the way for economic growth. China is experiencing the same things as many other countries around the world, which puts it in a very advantageous position: Due to the US-China trade war and rising labor costs in China, foreign investors who had been relocating their supply chains out of China are now seriously considering moving back there. There are several reasons why…
Ajinomoto has successfully emerged as one of the top 10 food manufacturers in Thailand, leading the country to become a global “agriculture and food hub.”We focus on holistic health and nutrition promotion strategies and have introduced innovative amino acid supplements and the cutting edge i-LiveWell app.The Thai Farmers Better Livelihood Partnership project aims to achieve sustainable growth for Thai farmers. Ajinomoto Thailand Co., Ltd., a global leader in creating an “Eat Well, Live Well” lifestyle, recently announced its 2024 business plan aimed at solidifying its position as a top 10 food manufacturer in Thailand. By working with the government, Ajinomoto…
In South Carolina, the business community is a vibrant one, and that’s due in large part to the women who have made their mark in just about every field imaginable. We’re proud to recognize and honor 69 of those women, who’ve made an impact in health care, law, real estate, marketing, finance, nonprofits, and much more. Integrated Media Publishing reviewed an impressive list of nominees to create this list of 66 Women in Business honorees, along with three Women to Watch, who are just beginning their careers in South Carolina.We will honor these women at a reception on July 24 in Greenville.Here…
IMARC Group's report “Limonene Manufacturing Plant Project Report 2024: Industry Trends, Factory Setup, Machinery, Raw Materials, Investment Opportunities, Cost & Revenue” provides a comprehensive guide to setting up a limonene manufacturing plant. The report covers various aspects ranging from a broad market overview to intricate details such as unit operations, raw material & utility requirements, infrastructure needs, machinery requirements, manpower needs, packaging & transportation requirements, etc. In addition to the operational aspects, the report also provides detailed insights into the limonene manufacturing process, project economics covering key aspects like capital investment, project funding, operational costs, revenue and expenditure forecast, fixed…
IMARC Group's report “Vinyl Flooring Manufacturing Plant Project Report 2024: Industry Trends, Factory Setup, Machinery, Raw Material, Investment Opportunities, Cost & Revenue” offers a comprehensive guide to setting up a vinyl flooring manufacturing unit. The report covers various aspects ranging from a broad market overview to intricate details such as unit operations, raw material & utility requirements, infrastructure needs, machinery requirements, manpower needs, packaging, transportation requirements, etc. In addition to the operational aspects, the report also provides detailed insights into the vinyl flooring manufacturing process, project economics, covering vital aspects such as capital investment, project financing, operational costs, revenue and…
Carol Bell cried as he talked about hot dogs at his famous Coffee Pot restaurant on Roanoke's southern gateway: He grilled them on a hot grill, smeared them with sauce and put them back on the fire so the sauce caramelized.”It makes a big difference to the taste,” he said. “It takes a little bit of effort, you see,” and then he froze, bowed his head, and went quiet.Approximately 30 seconds will pass.”Sorry, this is hard for me,” Bell said, her eyes welling up. “I've never been in this position before.”The Coffee Pot owner, in his 47th year, just paid…
Nathan Beckord Take the time to understand your industry and find strategic investors who support your idea. … [+] Startup goals.Getty One person's trash is another person's… plastic? That's the discovery of Tato Biggio, co-founder of UBQ Materials, an environmental startup that turns non-recyclable trash like oil-stained pizza boxes, mixed plastics and soiled diapers into petroleum-free plastic alternatives. “People probably think most of the waste is plastic,” Tato said, “but in reality, 80 to 85 percent of the waste is cardboard, paper and food leftovers.” Rather than competing with the recycling industry, UBQ complements it by taking on areas that…