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Burgess-Norton Receives Third Perfect Quality Award from Nexteer Automotive

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GENEVA, Ill., July 28, 2021 /PRNewswire/ — Burgess-Norton, an Amsted Automotive company, earned the Nexteer Automotive 2020 Perfect Quality Award, which recognizes companies that achieve zero quality claims over all product groups. The Burgess-Norton Beaver Dam, Wisconsin, facility received the award for setting the standard of exceptional quality performance, with a perfect delivery rating and zero defects for the 2020 calendar year. This facility manufactures powder metal parts for light vehicle and light truck components.

“We’re grateful to be recognized for supporting Nexteer’s goals, and to do so with perfect execution,” said Jeremy Holt, President of Amsted Automotive Group. “Burgess-Norton has built its reputation on quality and value. It’s through the dedication and hard work of our entire team at Beaver Dam that we can produce more than one million units per year with award-winning results. For the past four fiscal years, we have had 100-percent on-time shipping and, on average, a 97-percent rating on our quality scorecard.”

Nexteer Automotive is a global leader in advanced steering and driveline systems. Winners of its annual Perfect Quality Award are chosen from within its community of suppliers. This is the third time that Burgess-Norton has earned this award.

About Burgess-Norton
Founded in Geneva, Illinois, in 1903, Burgess-Norton built the core of its business on piston pins. It has produced millions of units for all types of internal combustion engines as well as many leading international customers throughout the automotive and truck markets.

In 1954, Burgess-Norton introduced powder metal technology. Over the years, it has established a global reputation for quality and value — a direct result of its commitment to develop innovative solutions for its customers in targeted markets including drivetrain and transmission. Company headquarters are in Geneva, Illinois.

About Amsted Automotive
Amsted Automotive was formed in 2021, bringing together Means Industries and Burgess Norton, to form a new and innovative technology team. The integration provides an expanded global presence with 16 facilities in North America, Asia and Europe to serve the global automotive customer base with a robust manufacturing footprint producing over 100 million components and assemblies annually. This group combines design and engineering expertise, strategically aligned to be a nimble leader in advanced metal-forming and powder metal manufacturing with electro-mechanical clutch design capabilities for electrified propulsion solutions – building on our integral role in global advanced automatic transmissions designed in North America, Europe, and Asia. 

Contact: Cole Quinnell
248-877-0590
[email protected]

SOURCE Amsted Automotive

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Source: https://www.prnewswire.com:443/news-releases/burgess-norton-receives-third-perfect-quality-award-from-nexteer-automotive-301342257.html

Energy

Johnson Controls Partners with Dubai Silicon Oasis Authority to Power Rochester Institute of Technology – Dubai

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“Across the world, Johnson Controls helps businesses, governments and global institutions meet ambitious sustainability goals. Digitization is a key enabler for companies and organizations to meet net zero carbon and renewable energy goals. Employing the right technology and talent are two of the most critical factors for success,” said Katie McGinty, vice president and chief sustainability, government and regulatory affairs officer at Johnson Controls. “We are pleased to contribute to the next generation of innovation leaders by giving students the opportunity to learn from the fully open architecture of the Johnson Controls OpenBlue digital platform. Together, we can work to address the decarbonization of buildings, which represent about 40% of global emissions. It is a win-win. Cutting that energy waste and emissions cuts energy costs as well.”

Johnson Controls is committed to supporting DSOA’s sustainability and carbon emissions reduction efforts through its OpenBlue digital platform. The company will deploy its OpenBlue Enterprise Manager (OBEM) solution for RIT Dubai’s iconic campus, using sophisticated artificial intelligence. OBEM will empower campus administrators to analyze field data to help address challenges around energy efficiency and optimization. The platform will facilitate RIT Dubai with real-time monitoring, benchmarking and analysis of energy consumption and demand, deliver real and meaningful sustainability solutions on campus, and reduce operational costs and lower environmental impact. Johnson Controls OpenBlue digital platform and services for optimizing buildings can drive 50% and more in improvement in energy efficiency and corresponding carbon emissions.

These goals are in line with the university’s ambition to attract students and faculty committed to building a net zero economy that serves everyone while being able to teach and learn in the most comfortable, quality environment that operates more intelligently and efficiently. RIT Dubai has around 1,000 students and 100 staff members.

“Johnson Controls has been a pioneer in innovation and a leader in technology for more than 135 years,” said Rolando Furlong, vice president and general manager, Building Solutions MEA, at Johnson Controls. “We are proud to partner with Dubai Silicon Oasis Authority and Rochester Institute of Technology of Dubai to drive a new level of sustainability in implementing our OpenBlue Healthy Building solutions to optimize performance by digitally transforming RIT Dubai’s campus, turning data into insights, and insights into actions that ultimately contribute to the region`s sustainability goals. Our OpenBlue Healthy Buildings solutions will help create a state-of-the-art campus to improve learning environments and prepare students to be tomorrow’s innovation leaders.”

“As a testbed for smart city solutions, Dubai Silicon Oasis Authority has always been an early adopter of technology and we always encourage and promote innovative solutions for our region,” added Engineer Muammar Khaled Al Katheeri, executive vice president of Engineering and Smart City at DSOA. “We hold our partnership with Johnson Controls in high regard and share the same values around sustainability and innovation. The RIT Dubai campus is state of the art with latest technologies incorporated and we look forward to Johnson Controls delivering the smart facility management for this campus utilizing cloud computing and artificial intelligence technologies.”

For his part, Dr. Yousef M. Al-Assaf, president, Rochester Institute of Technology of Dubai, commented: “Johnson Controls has been working with DSOA at various fronts and has been an integral player in the design and construction of various systems in RIT Dubai`s new campus. We are excited about this partnership between DSOA, RIT Dubai, and Johnson Controls to develop an open ecosystem which will enhance and create opportunities for the community in areas of innovation, creativity, and sustainability. Students will have the opportunity to tap into the interactive OpenBlue dashboards from Johnson Controls and thus benefit and learn from the latest in AI-driven analytics on energy efficiency. This partnership will serve as an example of how a university should operate in the future to become a dynamic contender in creating new knowledge, sustainable solutions and connectivity in the region.”

Johnson Controls has proven experience in the campuses vertical with solutions and services that power the wellness of students, teachers and staff, optimize the energy performance of the campus and meet environmental and sustainability goals. This collaboration is aligned with the Dubai 2040 Urban Master Plan. One of the key deliverables under the Plan is to promote a knowledge and innovation international centre that attracts talents and minds to contribute to the global growth and leadership of Dubai. Dubai Silicon Oasis is one of five main urban centers, a science and technology and knowledge hub that drives innovation, digital economy development, and talent generation.

About Johnson Controls:

At Johnson Controls, we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.

With a history of more than 135 years of innovation, Johnson Controls delivers the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through its comprehensive digital offering OpenBlue. With a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world`s largest portfolio of building technology, software as well as service solutions with some of the most trusted names in the industry. For more information, visit www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.

About DSOA

Dubai Silicon Oasis Authority (DSOA), a 100% owned entity by the Government of Dubai, is a free zone that is strategically placed on Sheikh Mohammed Bin Zayed road. DSOA’s urban master-planned community spans 7.2 square kilometers of state of the art office towers, R&D and industrial zones, educational institutions, luxury apartments, villas, hotels, healthcare and a full range of lifestyle facilities which translate into a dynamic commercial and social environment. Businesses can flourish under the unrivalled package of incentives, including 100% ownership, and high end IT infrastructure that allows companies to begin operating immediately. DSOA is a technology park that provides both a living and working integrated community. For more information, please visit: www.dsoa.ae

About RIT Dubai

Established in 2008, RIT Dubai is a not-for-profit global campus of the esteemed Rochester Institute of Technology in New York, one of the world’s leading technological-focused universities with a storied 185 year history. RIT Dubai offers highly valued Bachelor’s and Master’s degrees in business and leadership, engineering, and computing. The curriculum provides students with relevant work experience through an innovative cooperative education program that helps students stand out in today’s highly completive job market. RIT Dubai offers American degrees, and all of RIT’s programs are UAE Ministry accredited. Students of RIT Dubai also have the unique opportunity to choose to study abroad at the main campus in New York or at one of its other global campuses.

Sweeney Dcosta
Regional Program & Communications Manager, MEA
[email protected]
Ph : 0097143099999

Photo – https://mma.prnewswire.com/media/1627869/Johnson_Controls_Healthy_Buildings.jpg 
Logo – https://mma.prnewswire.com/media/1318989/Johnson_Controls_Logo.jpg

SOURCE Johnson Controls

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Source: https://www.prnewswire.com:443/news-releases/johnson-controls-partners-with-dubai-silicon-oasis-authority-to-power-rochester-institute-of-technology—dubai-301378833.html

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Shanghai Electric Ranks 51st on ENR’s 2021 Top 250 International Contractors List

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SHANGHAI, Sept. 18, 2021 /PRNewswire/ — Shanghai Electric (601727.SS and 02727.HK) announced the Company has been ranked 51st on the 2021 Top 250 International Contractors list published by Engineering News-Record (ENR), a world-renowned publication for engineering and construction news and analysis. With a total of 22 overseas projects, Shanghai Electric saw the biggest jump in rankings among its Chinese peers this year, despite the lingering impact of the COVID-19 pandemic on global large-scale engineering projects.

Widely considered the industry barometer, the ENR list ranks global construction companies based on revenue generated by their overseas projects. According to the annual list, 2020 marked another difficult year for global infrastructure construction firms, filling the market with uncertainties and short-term risks. ENR reports that the total international contracting revenue for the Top 250 dropped 11.1% to $420.4 billion in 2020, from $473.1 billion in 2019, which is the largest single-year drop recorded in ENR international contracting data going back to 2003. Amid the complex and challenging market climate, Shanghai Electric implemented proactive business strategies at home and abroad, in an effort to protect onsite employees while maintaining a high growth rate of revenue for its major international projects, including Dubai CSP, Pakistan’s Thar Block-1 Integrated Coal Mine and Power Project, Serbia’s Pančevo, Vietnam’s Forte, Greece’s photovoltaics, and Iraq’s Huashide maintenance projects.

Looking back in 2020 along which Shanghai Electric rebounded from the COVID-19 pandemic, a spokesperson of Shanghai Electric, stated that Shanghai Electric has once again shown its resilience in difficult times for the global engineering industry. “In the face of a constantly shifting business environment and uncertain industry outlook over the past year, Shanghai Electric has taken swift actions to minimize construction delay, address onsite worker safety and shortages, and ensure a high turnover of its overseas projects. The recognition from ENR is another testimony to the exceptional efforts we made, as well as our efficient management and the industry-leading product quality as a result of our unwavering pursuit of excellence,” he said.

Meanwhile, construction of Shanghai Electric’s major overseas projects is underway with all progress on schedule.

  • The 300MW first stage of the 900MW Phase 5 at the Mohammed bin Rashid Al Maktoum Solar Park (MBR Solar Park) completed a 10-day performance test in late July this year and entered commercial operation ahead of schedule in mid-August.
  • The first aquifer of the open-pit coal mine of Pakistan’s Thar Block-1 Integrated Coal Mine and Power Project has been completed at the end of June.
  • The 220 kV switch station at the Pančevo gas combined cycle power plant in Serbia completed backfeeding on August 19. The operating status of all devices involved is stable and showed promising results, which laid groundwork for grid-connected power generation.

In addition, the 300 MW Unit -1 of the Deenbandhu Chhotu Ram Thermal Power Station (DCRTPP), Yamuna Nagar of Haryana Power Generation Corporation Limited (HPGCL) has broken the records by completing a 145-day continuous operation on April 19, 2021, carried out by the Shanghai Electric engineers.

The maintenance mission came amid a challenging time when India was experiencing a new wave of COVID-19. Working under immense pressure and against all odds, HPGCL and Shanghai Electric engineers joined hands to undertake an overhaul for the unit, which allowed the unit to operate without any technical issues over the next five months. In March 2021, the unit recorded a monthly Plant Load Factor (PLF) of 86.32 per cent, which is among the best-performing power plant benchmarks across the country.

Unit 4 of Jindal 4X300MW coal-fired power plant in India also recorded a 711-day failure-free operation in September 2020, smashing the previous record of 684-day operation without breakdowns and set a new standard for the entire country. In January 2021, India’s Warora 2X300 MW coal-fired power plant project clinched the “Best Performance Award”, which marked the third consecutive year the power plant has received the recognition.

SOURCE Shanghai Electric

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Source: https://www.prnewswire.com:443/news-releases/shanghai-electric-ranks-51st-on-enrs-2021-top-250-international-contractors-list-301379906.html

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Energy

World’s First Hybrid NFT Company To Be Listed In The United States – Bonanza Goldfields Corp Enters Into A Memorandum of Understanding To Acquire Hybrid NFT Firm Marvion™ media Limited

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SINGAPORE, Sept. 18, 2021 /PRNewswire/ — Bonanza Goldfields Corp (OTC: BONZ) is pleased to announce that it has signed a MOU to acquire 100% of Marvion Media Limited.

Marvion Media Limited is a metaverse blockchain technology company, unlocking, enhancing and preserving the value of media and entertainment intellectual property through blockchain and related technologies to create Hybrid NFTs. The company’s vision is to offer the ultimate artist and fan engagement, leveraging technology in both digital metaverse and physical experience realms. Marvion will be adopting their Hybrid NFT (h-NFT) format across all minted NFTs. The h-NFTs will undergo full know-your-client (KYC) and verification processes prior to Marvion acquiring the intellectual property. This is to ensure that only authentic and high quality NFTs are available on the platform. 

Commenting on the business model, Julian So, interim CEO of Marvion Media Limited said, “Marvion is focused on addressing one of the key concerns facing NFT owners – intellectual property (IP) ownership. Many NFT investors we have engaged with are unaware that as an NFT owner, they do not own the underlying IP associated with the art work within the NFT smart contract. The IP actually continues to reside with the artist. What this means is that NFT owners have no right to take legal action against IP infringements. This is a critical issue that Marvion hopes to address through the Hybrid NFTs. This will disrupt the media and entertainment industry.” 

Each h-NFT contains the following: (1) sales and purchase agreement for the purchase of the license, (2) evidence or representation of ownership of intellectual property, (3) transfer deed for the transfer of the relevant portion of the license to the h-NFT holder, (4) ownership title (to the licensing rights) written into the description and (5) the intangible asset. 

With respect to the acquisition, Bonanza Goldfields Corp (BONZ), a company publicly traded in the OTC Markets, will eventually own 100% of Marvion Media Limited. When the acquisition is completed, Bonanza Goldfields Corp would be renamed to Marvion Media Limited, making it the world’s first h-NFT company to be listed in the United States. It is envisaged that such a move will increase the accessibility of metaverse and blockchain technology companies to mainstream retail investors, and the market will experience a further increase of high growth listed NFT companies to enable investors to diversity their blockchain related portfolio allocations.   

Sharing his views on the acquisition, So commented, “We are very excited at this latest development. The growth of NFT has been skyrocketing in the last few months and we have seen very keen interest in what we are doing. I understand that some stakeholders and investors have some reservations, especially when NFT is such a new business model. To help address this, the company wanted to be listed in order to instil a high level of transparency and governance in this nascent industry.”   

To keep up to date on the upcoming Hybrid NFT™️ projects, please visit www.Marvion.Media or join the Marvion Community on Telegram;  https://t.me/Marvion_Media.  

About Bonanza Goldfields Corp 

Bonanza Goldfields Corp (OTC: Bonz) was formerly a mineral exploration company based in Las Vegas, United States. The company primary business was to explore for gold and silver in properties located in the Goldfield, Tonopah and Comstock Mining Districts of Nevada, and the Chloride Mining District of Arizona.

About Marvion Media Limited 

Marvion Media Limited is a metaverse blockchain technology company, unlocking, enhancing and preserving the value of media and entertainment intellectual property through blockchain and related technologies to create Hybrid NFTs. The company’s vision is to offer the ultimate artist and fan engagement, leveraging technology in both digital metaverse and physical experience realms. Marvion will be adopting their Hybrid NFT (h-NFT) format across all minted NFTs. The h-NFTs will undergo full know-your-client (KYC) and verification processes prior to Marvion acquiring the intellectual property. This is to ensure that only authentic and high quality NFTs are available on the platform. 

More Information about Marvion Media Limited: 
Website:  www.Marvion.Media  
Facebook: www.facebook.com/marvionmetaverse 
Instagram: www.instagram.com/marvion.media 
Twitter:    www.twitter.com/marvion_media 
LinkedIn:  www.linkedin.com/company/marvion 
Telegram: www.t.me/marvion_media 

About Hybrid NFT (h-NFT) 

A h-NFT is an integrated, best in class, smart contract that  can execute a transaction and also contains the specific legal terms of the intellectual property ownership and license.  Each Hybrid NFT (h-NFT) contains the following: 

  • 1. SPA for the purchase of the license. 
  • 2. Evidence of ownership of intellectual property. 
  • 3. Transfer Deed for the transfer of the relevant portion of the license to the h-NFT holder. 
  • 4. Ownership title (to the licensing rights) written into the description. 
  • 5. Image/video/music file depending on what the asset is. 

Contact: Parkson Yip, Investor Relationship Director, +852-28398100, [email protected]   

SOURCE Bonanza Goldfields Corp.


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Source: https://www.prnewswire.com:443/news-releases/worlds-first-hybrid-nft-company-to-be-listed-in-the-united-states–bonanza-goldfields-corp-enters-into-a-memorandum-of-understanding-to-acquire-hybrid-nft-firm-marvion-media-limited-301379898.html

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Energy

XCMG Excavator Logs Cumulative Production and Sales of 200,000 Units

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“Marking the production and sales of 200,000 units of excavators is a milestone for XCMG and a new starting point,” said Wang Min, chairman and CEO of XCMG. “Business in overseas markets will be an important direction for XCMG’s future development and we’ll expand the layout of excavators and other machinery products as well as full-cycle service in Asia-Pacific, Belt and Road Initiative countries, Africa, the Americas and more, providing better services to customers.”

XCMG hosted a special event on September 16 celebrating the landmark achievement and the release of two new 60-tonnage excavator products – the XE600 and XE690 DK MAX, both are designed for heavy load mining working conditions with the following highlights:    

  • Featuring 28 core technologies, equipped to operate in six major working conditions: material crushing, stonework loading/unloading, earthwork excavating, blocking/piling, rock spallation and material handling.
  • Leading performance in terms of reliability, digging/piling efficiency, economic efficiency, adaptability, operating comfort, crushing capacity and advanced intelligence.
  • Flexible product combinations competent to meet any kind of operational requirements, precise matching with 60-80 tonnage mining dump trucks;
  • Super stability guarantee, the XE690DK MAX in particular, has the heaviest machine weight of products of the same class, suitable for heavy load construction;
  • Excelling working performance, ability to equip maximum strengthened buckets of the same class;
  • High-torque walking traction achieved with large displacement motor and reduction box of high functional density;
  • Highest matching power of large displacement engine, with XE600 reaching the level of 65-tonnage excavators and XE690DK MAX reaching 100-tonnage (also the only product equipped with an 8-cylinder engine);
  • Industry-leading digging force achieved with a high-efficiency hydraulic system, equipped with a heavy-duty, high-efficiency hydraulic pump.
  • Tested successfully under three extreme conditions: high altitude of 4,500 meters, cold test at -40 degrees Celsius and high temperature test at 50 degrees Celsius.

Eight companies signed purchase contracts at the release event, totaling 100 units of the new 60-ton excavators.

In the past five years, overseas sales of XCMG excavators have achieved the fastest growth across the industry, and the export volume ranks steadily among the top three.

“Since 2008, it’s been XCMG’s mission to create ‘Advanced and Endurable’ products that are recognized and respected in the international market, and we thrive to reach the summit of the excavator industry with our honest, persistent and innovative teams,” added Mr. Wang.

SOURCE XCMG

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Source: https://www.prnewswire.com:443/news-releases/xcmg-excavator-logs-cumulative-production-and-sales-of-200-000-units-301379899.html

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