Connect with us

Technology

KES China Facility Operational, Driving Localization and Embracing Chinese Market

Published

3 years ago

on

CHANGSHU, China, June 12, 2023 /PRNewswire/ — On May 19, Koch Engineered Solutions (KES) held an opening ceremony for its first manufacturing facility in China, located in Changshu, Jiangsu Province. The Changshu manufacturing plant utilizes the latest generation of automation and manufacturing capabilities and is uniquely designed to produce our full product line. This facility will also bring design, engineering, and service capabilities to our local customers as part of this initiative.  The opening marks a significant milestone in KES’ localization process and demonstrates the firm’s strong confidence in the development of China’s green industry, technological innovation and the market’s future potential.

Dave Dotson, President of KES, Dan Haycook, President of KES Equipment Technology & Services (ET&S), David Chang, Vice President of KES ET&S Asia Pacific, and Chen Guodong, Member of Changshu Standing Committee, Deputy Secretary of the Changshu Economic & Technological Development Zone (CEDZ) party Working Committee and Deputy Director of the CEDZ Management Committee, were among the distinguished guests who attended the commissioning ceremony. The presence of KES’ valued customers and partners added significance to this important moment.

KES to increase its investment in the key international market

KES is the world’s leading manufacturer of mass transfer and combustion equipment and is part of Koch Industries, Inc., one of the largest privately held companies in the world. With its entry into the Chinese market in the 1980s, KES has been dedicated to technology licensing, combustion and emission control, mass and heat transfer, separation and digital solutions. By offering comprehensive one-stop solutions, KES seamlessly integrates engineering, manufacturing, installation, testing and maintenance to cater to the diverse needs of its users.

The 60,000-square-meter facility is KES’ first wholly owned facility in China and is located in the Changshu Economic & Technological Development Zone. The strategic plant is poised to provide robust support to KES’ operations in the country, bolstering its position in the region. “Over the past few decades, KES solutions have been integral in helping create world-class chemical capabilities. We are excited to further expand our footprint and better serve our customers by adding a new plant,” said Dave Dotson, President of KES.

With over 40 years of experience in the Chinese market, KES possesses a profound understanding of the sector’s opportunities and challenges. With the green industry and technological innovation leading the way, China’s post-pandemic economy is poised for immense market growth. KES remains steadfast in its confidence in the Chinese market and will continue to explore growth opportunities. Speaking at the ceremony, Dave Dotson said, “This investment reflects KES’ strong confidence in the future potential of the Chinese market, which has long been identified as a crucial market for our business. The Chinese manufacturing facility is integral to supporting our global operations and creates virtuous cycles of mutual benefit with our partners within the industrial value chain.”

Combining local resources and teams with world-leading technology

The KES China manufacturing facility showcases a fully automated production line that integrates the latest generation of KES automation and manufacturing technology to ensure the delivery of globally consistent, high-quality products and technologies. It is one of the most sophisticated manufacturing facilities of its kind, capable of manufacturing and supplying a range of KES products, including burners, flares, and thermal oxidizers under the John Zink Hamworthy Combustion brand and trays and internals under the Koch-Glitsch name.

The dedicated teams at the KES China manufacturing facility collaborate seamlessly across borders to drive constant advancements in manufacturing, not only by adopting new equipment and technologies but also by establishing advanced flow testing centers to satisfy the market’s increasing demand for equipment performance. Dan Haycook, President of KES ET&S, said, “KES is committed to providing the manufacturing industry with cutting-edge technology while enhancing its design, engineering, project management and service capabilities. By leveraging global expertise alongside local resources, KES strives to deliver superior mass and heat transfer solutions, as well as combustion solutions that truly surpass customer expectations.”

Currently, KES works with Chinese multinational, state-owned and private companies operating in diverse sectors including the chemical, petrochemical, refining, oil and gas, iron and steel, food and beverage, and pharmaceutical industries. With the establishment of the KES China manufacturing plant, the company has significantly enhanced its ability to deliver products swiftly and flexibly. Moreover, the strategic investment deepens KES’ localization initiatives and strengthens its ties with the Chinese market. By leveraging the advanced facility, KES is able to provide more efficient and attentive production, testing, engineering, and aftermarket service, meeting the evolving needs and expectations of its valued customers.

Driving sustainable development through innovative and environmentally conscious solutions

Amidst the emergence of Digital China and the pursuit of Dual Carbon targets, China’s green industries and technological innovation have gained significant momentum. As a company dedicated to environmental responsibility, KES is well aware of the demand and potential for renewable energy in the Chinese market. With expertise in carbon capture and reduction, energy efficiency and emission reduction, renewable energy, and water treatment, the company is poised to support China’s energy industry in achieving China’s sustainable development goals while driving its own growth.

David Chang, Vice President of KES ET&S Asia Pacific, expressed his enthusiasm for aligning KES’ solutions with the evolving trends in the Chinese market, especially in the areas of energy efficient industries and technological innovation. He emphasized the company’s commitment to forging enduring and mutually beneficial partnerships with Chinese businesses. By working together, KES aims to drive industrial development, unleash new opportunities, and create substantial business value for all stakeholders involved.

As China strides towards innovation-driven, high-quality development, KES actively champions the principle of environmental responsibility. The company is at the forefront of promoting sustainable development by offering energy-saving and emission-reducing solutions to its customers. By consistently developing environmentally responsible and reliable products, KES strives to earn greater trust and recognition from consumers. With unwavering dedication, the company envisions a brighter future, where energy efficient practices and innovative solutions play a pivotal role in fostering a prosperous and environmentally conscious society.

About Koch Engineered Solutions

Koch Engineered Solutions (KES) delivers superior value in developing, integrating and applying innovative technical and service solutions for industrial value chains. KES offers uniquely engineered solutions in construction; mass and heat transfer; combustion and emissions controls; filtration; separation; materials applications; automation and actuation. Based in Wichita, Kansas, KES is a subsidiary of Koch Industries, one of the largest private companies in the world. More information is available at KochEngineeredSolutions.com.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/kes-china-facility-operational-driving-localization-and-embracing-chinese-market-301847909.html

SOURCE Koch Engineered Solutions

Related Topics:
Continue Reading

Technology

BCE reports results of Series S and T preferred share conversions

Published

1 hour ago

on

October 19, 2026

By

MONTRÉAL, Oct. 19, 2026 /CNW/ — BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 400 of its 4,798,333 fixed-rate Cumulative Redeemable First Preferred Shares, Series T (“Series T Preferred Shares”) have been tendered for conversion on November 2, 2026, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series S (“Series S Preferred Shares”). In addition, 676,765 of its 1,866,877 Series S Preferred Shares have been tendered for conversion on November 2, 2026, on a one-for-one basis, into Series T Preferred Shares. Consequently, on November 2, 2026, BCE will have 5,474,698 Series T Preferred Shares and 1,190,512 Series S Preferred Shares issued and outstanding. The Series T Preferred Shares and the Series S Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbols BCE.PR.T and BCE.PR.S, respectively.

The Series T Preferred Shares will pay on a quarterly basis, for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE, a fixed cash dividend based on an annual fixed dividend rate of 5.523%.

The Series S Preferred Shares will continue to pay a monthly floating adjustable cash dividend for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE. The monthly floating adjustable dividend for any particular month will continue to be calculated based on the prime rate for such month and using the Designated Percentage for such month representing the sum of an adjustment factor (based on the market price of the Series S Preferred Shares in the preceding month) and the Designated Percentage for the preceding month.

About BCE
BCE is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.

1 Based on total revenue and total combined customer connections.

Media inquiries:
Ellen Murphy
media@bell.ca

Investor inquiries:
Krishna Somers
krishna.somers@bell.ca

View original content:https://www.prnewswire.com/news-releases/bce-reports-results-of-series-s-and-t-preferred-share-conversions-302913268.html

SOURCE BCE Inc.

Continue Reading

Technology

3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

Published

2 hours ago

on

October 19, 2026

By

ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/3m-announces-collaboration-with-gseo-to-advance-expanded-beam-optical-manufacturing-and-development-302913170.html

SOURCE 3M Company

Continue Reading

Technology

Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

Published

2 hours ago

on

October 19, 2026

By

NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

View original content:https://www.prnewswire.com/news-releases/scott-vicknair-personal-injury-lawyers-announces-second-annual-operation-fur-ever-home-pet-adoption-event-at-lafreniere-park-302913183.html

SOURCE Scott Vicknair Personal Injury Lawyers

Continue Reading

Trending