Connect with us

Technology

ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans

Published

on

ATWEC TECHNOLOGIES, INC. (OTC: ATWT)

TULSA, Okla. , June 20, 2024 /PRNewswire/ — ATWEC Technologies, Inc. is announcing it has acquired The Birch Co, a leading Commercial and Residential Construction innovator in the Central U.S. with significant revenue and accretive cash flow. The Birch Co will add over $6 million in annual revenue.

Darnell Stitts will remain on the Board of Directors, with Josh Ploch of The Birch Co. stepping in as the new CEO and Angus Martin as the new COO.

“The quality of work, financial strength, operational expertise, central location, and overall growth trajectory made this an ideal acquisition. I’m thrilled to have Josh and Angus step into their new leadership roles, which is expected to produce great results for our shareholders,” said Darnell Stitts, the former CEO.

The company is announcing it completed this acquisition in a preferred stock deal, resulting in a control change.  This merger marks a significant milestone in the company’s growth strategy, aiming to enhance its market presence and expand its product portfolio.

“We have enjoyed working with Darnell to bring ATWEC back into compliance. Now, we can start building and preparing a foundation for significant growth. We will be changing the company name to The Birch Co, divesting non-accretive assets, growing the core commercial and residential construction business, expanding operations, making new accretive acquisitions, and preparing for an audit and up-list. This strategic move aligns with our vision of becoming a leader in the Residential New Construction and “Build to Rent” space, and we are now well positioned for long-term success,” said Josh Ploch, the newly appointed CEO.

Key Highlights of the Merger include:

Expanded Market Presence: The merger will significantly increase Birch Co’s footprint in key markets, enabling the company to better serve its customers with an expanded product and service offering.Enhanced Innovation: By combining the innovative strengths of both companies, The Birch Co will accelerate its research and development efforts, bringing cutting-edge solutions to the market faster.Operational Synergies: Integrating ATWT’s operational efficiencies with The Birch Co’s robust infrastructure is expected to result in cost savings and improved operational performance.Strengthened Financial Position: The acquisition will enhance Birch Co’s financial stability, providing a stronger balance sheet and increased access to capital for future growth initiatives.Leadership and Talent: The combined entity will benefit from a diverse and experienced leadership team poised to drive the company forward in the competitive landscape.

About The Birch Co
The Birch Co is a leading innovator in the construction industry, dedicated to delivering high-quality, affordable homes, high-end custom homes, and commercial construction projects to its customers. With a commitment to excellence and innovation, The Birch Co. is at the forefront of modern building solutions in the Sunbelt region.

About ATWEC
ATWEC Technologies Inc is a Worldwide Corporation (ATWT) specializes in providing cutting-edge safety solutions to customers. With a strong emphasis on technology and innovation, ATWC is known for its focus on quality and safety in development and manufacturing.

FORWARD-LOOKING STATEMENTS:

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this release that do not relate to matters of historical fact should be considered forward-looking statements, including statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate” and similar statements of a future or forward-looking nature. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees but involve known and unknown risks, uncertainties, and other essential factors that may cause actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements for any reason except as required by law.
 

For more information on The Birch Co.

please visit www.thebirchco.com or contact:

Angus Martin
Chief Operating Officer
(918)764-8869
angus@thebirchco.com

View original content:https://www.prnewswire.com/news-releases/atwec-announces-major-acquisition-and-lays-out-strategic-growth-plans-302178007.html

SOURCE ATWEC Technologies, Inc.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Link Engineering Company (LINK) Receives VCA Authorization for Euro 7 Brake Emissions Type-Approval Testing

Published

on

By

LIMBURG, Germany, July 22, 2026 /PRNewswire/ — Link Engineering Company (LINK) announced that its laboratory in Limburg, Germany, has been authorized by the United Kingdom’s Vehicle Certification Agency (VCA) to conduct witnessed brake emissions testing for vehicle type-approval programs.

This authorization enables LINK to support manufacturers pursuing Euro 7 compliance while expanding its brake emissions testing capabilities. Building on its ISO/IEC 17025 accreditation, LINK was among the first organizations to receive accreditation from DAkkS (Deutsche Akkreditierungsstelle) for brake emissions testing.

As Euro 7 regulations introduce brake particle emissions limits for the first time, vehicle and brake manufacturers require specialized facilities, technical expertise, and accredited testing capabilities to achieve certification. Only a limited number of organizations worldwide possess the equipment, expertise, and recognized accreditations needed to support these programs.

The addition of witnessed type-approval testing capabilities positions LINK as a comprehensive partner for the global automotive and brake industries, offering customers an end-to-end solution from development testing through regulatory certification.

“Achieving VCA approval is a major milestone that underscores LINK’s leadership in brake emissions testing,” said Marco Zessinger, Managing Director, Link Engineering Company GmbH. “Manufacturers are facing new regulatory demands under Euro 7, and they need testing partners with both technical expertise and recognized accreditation. Our Limburg laboratory can now support witnessed type-approval testing, providing customers with a streamlined path to certification while further strengthening LINK’s position as a trusted industry partner.”

About LINK
Link Group, Inc. (LINK), parent to Link Engineering Company, Link Industries, and Tescor, consists of businesses that offer customized solutions, with a focus on delivering high value to each of their customers. Offerings consist of the design and manufacture of customized, high-precision test, research, simulation, quality control, and thermal solution equipment; comprehensive test services; and in the case of Link Industries, customized, high-precision cutting tools. LINK’s corporate headquarters are in Plymouth, Michigan (US), with manufacturing and design facilities, laboratory and vehicle test operations, and support teams around the world.

Established in 1935, LINK prides itself on being family-owned, currently led by the second and third generations of the Link family. As many of our team members have been with LINK for a generation or more, the LINK team is equipped with a wealth of knowledge, providing decades of hands-on experience, creativity, and care, supporting our global customer base with highly-technical solutions.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/link-engineering-company-link-receives-vca-authorization-for-euro-7-brake-emissions-type-approval-testing-302832635.html

Continue Reading

Technology

BrighterBalance Named a Gold Friend of CASE in Support of Special Education Leaders Nationwide

Published

on

By

BrighterBalance, a real-time behavioral data documentation platform for K-12 special education and MTSS, has been named a Gold Friend of CASE, the Council of Administrators of Special Education. The designation for companies that support CASE’s work advancing leadership and professional development for special education administrators nationwide.

DULUTH, Ga., July 22, 2026 /PRNewswire-PRWeb/ — BrighterBalance, a real-time behavioral data documentation platform built for K-12 special education and MTSS environments, today announced it has joined the Council of Administrators of Special Education (CASE) as a Gold Friend of CASE. The designation recognizes companies that support CASE’s mission of advancing leadership, advocacy, and professional development for special education administrators nationwide.

“It was like having a second memory, and it made her feel less burned out and more confident in her work with students.” Tania Amerson, Bartow County Schools, Executive Director Special Education

BrighterBalance was built to address a gap that special education leaders know well: the 20 minutes before escalation, the behavior a teacher witnessed and tried to redirect, the patterns that live in notebooks and memory rather than in structured, defensible records. The platform enables educators to log behavioral data in under 10 seconds, captures real-time patterns across the school day, and generates progress monitoring reports ready for IEP and BIP review, without adding burden to already stretched teachers and support staff.

“We are pleased to welcome BrighterBalance as a Gold Friend of CASE. The documentation burden on special education teachers is real, and it is contributing to burnout at a time when we can least afford to lose them. Tools that make real-time behavior capture frictionless and that produce records teachers and administrators can rely on are exactly the kind of innovation our members need. We look forward to seeing BrighterBalance’s impact in CASE member districts.”

Brigid Bright, Associate Executive Director, CASE

Early results from districts reflect the impact at the classroom level. Tania Amerson, executive director of exceptional education, Bartow County Schools, shared what she heard after one semester: “What we heard using BrighterBalance surprised me. It wasn’t just about documentation. It was about feeling supported in the moment. One teacher told me it was like having a second memory, and that it made her feel less burned out and more confident in her work with students. That kind of impact on teacher wellbeing and retention is what we are always looking for.”

“Special education leaders are navigating increasing documentation requirements, growing legal pressure, and a student population with more complex needs than ever before,” said Melissa Cook, Co-Founder of BrighterBalance. “Being a Gold Friend of CASE means we are committed to building tools that serve their teachers and their students.”

The platform’s approach mirrors lessons from academic MTSS, where continuous real-time data has replaced periodic snapshots as the standard for intervention decision-making. BrighterBalance brings that same philosophy to behavioral documentation, giving teachers a mobile-first capture tool that works with the methods they already use and feeds directly into their district’s MTSS infrastructure.

BrighterBalance is currently available to individual teachers and school districts, with enterprise pricing designed to support district-wide adoption. The platform integrates with MTSS platforms including Panorama Education and Branching Minds, and exports structured data compatible with major student information systems.

About BrighterBalance

BrighterBalance is a K-12 behavioral data documentation platform purpose-built for special education and MTSS contexts. Faster than paper and smarter than memory, BrighterBalance gives educators a real-time capture layer that produces defensible, structured records at the classroom level before behavior escalates to the office. BrighterBalance is available at brighterbalance.app.

About CASE

The Council of Administrators of Special Education (CASE) is an international nonprofit professional organization providing leadership, advocacy, and professional development to more than 6,200 administrators responsible for the implementation of IDEA and Section 504. CASE is a division of the Council for Exceptional Children (CEC).

Media Contact

Melissa Cook, BrighterBalance, 1 6784479600, melissa.cook@brighterbalance.app, https://brighterbalance.app/

View original content to download multimedia:https://www.prweb.com/releases/brighterbalance-named-a-gold-friend-of-case-in-support-of-special-education-leaders-nationwide-302831692.html

SOURCE BrighterBalance

Continue Reading

Technology

K-Bro Announces Release Date, Conference Call and Webcast for Q2 2026 Financial Results

Published

on

By

(TSX: KBL)

EDMONTON, AB, July 22, 2026 /CNW/ — K-Bro Linen Inc. (the “Corporation”) will release its financial results for the quarter ended June 30, 2026 on Tuesday, August 4, 2026 after market close. The Corporation will hold a conference call and webcast to discuss the results on Wednesday, August 5, 2026 at 9:00 a.m. Eastern Time (7:00 a.m. Mountain Time).

The conference call will include prepared remarks from Linda McCurdy, President and CEO, and Kristie Plaquin, Chief Financial Officer.  After the prepared remarks, the Corporation will accept questions from analysts and institutional investors.

Date:  Wednesday, August 5, 2026
Time:  9:00 a.m. ET (7:00 a.m. MT)
Call:    1-888-510-2154 (Canada and USA)
            437-900-0527 (International)

To join the conference call without operator assistance, you may register and enter your phone number at  https://emportal.ink/4wAkiCY to receive an instant automated call back. 

Participants are asked to call at least 10 minutes prior to the start of the call.  For those unable to participate on the live call, a replay will be made available until August 12, 2026 by dialing 1.888.660.6345 (Canada and USA), passcode 36338.  The public is invited to listen to the live conference call or the replay.

This conference call will be webcast live over the internet and can be accessed by all interested parties at the following https://app.webinar.net/WpVkGB4wN7E 

To listen to the live webcast, visit the Corporation’s website at least 10 minutes early to register, download and install any necessary audio software. For those unable to listen during the live webcast, an audio replay will be available shortly after the conclusion of the conference call for a period of 90 days.

CORPORATE PROFILE

K-Bro is the largest owner and operator of laundry and linen processing facilities in Canada. K-Bro provides a comprehensive range of general linen and operating room linen processing, management and distribution services to healthcare institutions, hotels and other commercial accounts.  K-Bro currently operates eleven processing facilities in eight Canadian cities: Québec City, Montréal, Toronto, Regina, Edmonton, Calgary, Vancouver and Victoria.

Fishers was established in 1900 and is an operator of laundry and linen processing facilities in Scotland, providing linen rental, workwear hire and cleanroom garment services to the hospitality, healthcare, manufacturing and pharmaceutical sectors. Fishers’ client base includes major hotel chains and prestigious venues across Scotland and the North East of England. The company operates five sites in Scotland and the North East of England with facilities in Cupar, Perth, Newcastle, Livingston and Coatbridge.

Shortridge has operated as a family run business since the 1990s and is based in Cumbria, with plants in Lillyhall, Dumfries and a distribution depot in Darlington. It specializes in providing high quality laundry services to local independent hospitality businesses, including hotels, B&Bs, self-catering units and restaurants.

Stellar Mayan (previously known as Star Mayan) is a holding company that owns 100% interests in three operating businesses: Synergy, Grosvenor Contracts and AeroServe. Stellar Mayan is a leading commercial laundry business in England, serving the healthcare and hospitality markets. Typical services offered include processing, management and distribution of healthcare and hospitality linens, including sheets, blankets, towels, surgical gowns and other linen. Star Mayan has seven operating facilities strategically located across England: Bermondsey, Derby, Dunstable, Sheffield, Slough (2), and St. Helens, in addition to a distribution depot in Manchester.

Additional information regarding the Corporation including required securities filings are available on our website at www.k-brolinen.com and on the Canadian Securities Administrators’ website at www.sedar.com; the System for Electronic Document Analysis and Retrieval (“SEDAR”).

K‑Bro est le plus important propriétaire et exploitant de buanderies au Canada. K‑Bro fournit une gamme étendue de services de buanderie aux établissements de soins de santé, hôtels et autres clients commerciaux. K‑Bro exploite actuellement dix usines dans huit villes canadiennes: Québec, Montréal, Toronto, Regina, Edmonton, Calgary, Vancouver et Victoria.

Vous pouvez obtenir des renseignements supplémentaires sur la Société, y compris les documents déposés auprès des autorités de réglementation, sur notre site Web, au www.k-brolinen.com et sur le site Web des autorités canadiennes en valeurs mobilières au www.sedar.com, le site Web du Système électronique de données, d’analyse et de recherche (« SEDAR »).

SOURCE K-Bro Linen Inc.

Continue Reading

Trending