Via Holtec International
Camden, N.J. - February 28, 2018: We are pleased to announce that Holtec International and NAEK Energoatom, Ukraine’s national nuclear operator, have signed a Memorandum-of-Understanding that envisages Ukraine to adopt the SMR-160 technology to meet its projected needs for clean power in the latter half of the next decade. Nuclear power plays a key role in ensuring energy security of Ukraine. Today, Ukrainian Nuclear Power Plants generate more than half of the electricity consumed in the country and have garnered a record of high operational reliability (low frequency of scrams) rivaling the top performing nuclear fleets in the world. In this century, Energoatom has emerged as a unique success story among the global power generation companies as the provider of environmentally clean energy at the lowest price of any other energy source in the country. Thanks to Energoatom’s able corporate leadership and a dedicated cadre’ of nuclear workers, its 17-year track record as a solid performer has made nuclear energy a respected energy source in the eyes of the people of Ukraine. Now, by moving energetically to become the first mover in Holtec’s small modular reactor program, Ukraine expects to become a world leader in the emerging small modular reactor industry.
Under the agreement with Holtec, Ukraine will become a manufacturing hub for SMR-160 components and systems mirroring the capabilities of Holtec’s Camden plant. (Holtec’s business plan calls for having four geographically distributed manufacturing plants around the globe, similar to our Advanced Manufacturing plant in Camden operational by mid-2020s). Holtec is also in talks with leading Ukrainian suppliers of specialty machinery such as turbo-generators to integrate their products in SMR-160.
Speaking at the bi-annual meeting of the Holtec Advisory Council, Energoatom’s President declared his company’s intention to replace, as a pilot project, 2 VVER-440 power units of the Rivne Nuclear Power Plant with SMR-160 modular reactors. President Nedashkovsky cited SMR-160’s “walk away” safe design and his company’s trust and confidence in Holtec based on a long-term successful business relationship behind Energoatom’s decision to select Holtec’s reactor system. As an environmentally conscious nation, Ukraine plans to generate clean energy from SMR-160s to replenish the looming deficit in the country’s power supply caused by the retirement of its old coal burning plants in the coming years. In addition to serving as a resilient distributed generation source, SMR-160s will likely also be deployed in co-generation roles providing steam as well as power at the country’s industrial sites.
Mr. Nedashkovsky is an active member of the Holtec Advisory Council, which meets twice a year to assess and critique the developments in the SMR-160 reactor program. Holtec’s President & CEO, Dr. Kris Singh, serves on President Poroshenko’s National Investment Council which speaks to the strong relationship between Ukraine and Holtec.
By Graziella DiNuzzo, WTCGP Director of Communications and Development
A lot can happen when you put metal on the edge of cardboard.
“Imagine all important documents that sat in stacks in church basements and institutions and were ruined because they weren’t stored properly,” says Paul Markert, Vice President, Sales and Marketing at Metal Edge International, Inc.
In 1896, a German technician placed metal edges along the four corners of a cardboard box and invented a box assembly method used worldwide from the National Archives to museums and institutions around the globe. The metal edges re-enforce each box corner, which adds strength and long-lasting protection for the important documents within.
And have you ever noticed the metal blade on a box of aluminum foil or plastic wrap used to dispense the roll material? Metal Edge International supplies that metal too.
“We are the market leader in offering a number of dispensing blade choices for the global Aluminum foil and Cling Film market. Our primary focus is commercial / catering size rolls where performance, quality, safety and utility are required, says Markert. “
Metal Edge International, Inc. manufactures boxes, dispensing blades, corner metal (Fastay is their brand) and assembly equipment, enabling customers to manufacture their own packaging in-house. They also affix blades onto unassembled cartons. Metal Edge dispensing blades are available in a variety of choices for multiple applications and uses.
A family owned and operated company, Metal Edge International was founded in 1978, In North Wales, Pennsylvania, Today, the company’s global reach extends to clients in 6 continents and 33 countries and employs 14 total staff.
“We are an industry leader serving local, national and multi-national companies,” says Markert as he points to a map on the wall of his office. Our strength is in our people, product innovation, understanding our market niche and providing dispensing solutions to each individual client.
Ninety-nine percent of our products are produced in our facility in North Wales, PA,” says Markert. The company also has a warehouse in Chicago, Illinois and a facility in Shanghai, China.
During a tour of the North Wales factory warehouse, Markert explains Metal Edge’s winning customer service. “By working directly with designers, product and brand managers, our team can offer innovative, customized packaging solutions.”
As a member of the WTCGP CEOs China Operations Club, Paul Markert relies on the WTCGP for up-to-the-minute information on global markets. “I like to stay in the know and being a member of the WTCGP China Club helps me keep up with what’s happening,” he adds. “Yes, the WTCGP has helped grow our global business.”
The WTCGP also appreciates Paul Markert’s advice as a contributor of the WTCGP Advisory Council. His vast manufacturing and global sales experience gives the WTCGP valuable input on how to better serve our members and clients.
Thank you Metal Edge International, Inc. for your support of the WTCGP. For more information on Metal Edge visit http://www.metaledge.com.
N.J. Gov. Phil Murphy To Be Keynote Speaker at Stockton’s 2018 Commencement Ceremony at Boardwalk Hall in A.C.
Via Stockton University
For immediate release:
February 23, 2018
Galloway, N.J. - New Jersey Governor Phil Murphy will be the keynote speaker at Stockton University’s Spring 2018 Commencement Ceremony at 12 p.m. on May 11 at Boardwalk Hall in Atlantic City.
“We are honored that Governor Murphy has accepted our invitation to speak,” Stockton President Harvey Kesselman said. “As we prepare to open our Atlantic City campus in fall 2018, we are thrilled that the Governor will be here to share our enthusiasm for the city and its future.”
Murphy was elected the 56th governor of New Jersey in November 2017.
Governor Murphy’s experiences mirror those faced by many young people graduating college today.
His father never graduated from high school and his mother worked as a secretary. They inspired Governor Murphy and his three siblings to pursue their educations and be active participants in civic life. He served as New Jersey’s representative on the board of the NAACP, and Finance Chair of the Democratic National Committee. He has led national task forces on education.
Murphy is a graduate of Harvard University and the Wharton School at the University of Pennsylvania. After retiring from Goldman Sachs, he served as U.S. Ambassador to Germany from 2009 to 2013.
This will be the second year that Stockton holds its Commencement ceremony at Boardwalk Hall. This year’s class includes almost 2,000 graduates and more than 10,000 people are expected to attend.
Director of News and Media Relations
Galloway, N.J. 08205
Via World Trade Center Delaware
Every year, NATO spends $2-to-$4 billion on everything from weapons systems to toilet paper to support its operations around the world – and every supply purchase and consulting contract is sourced exclusively from NATO member companies. This provides a significant advantage to properly registered and eligible American businesses.
World Trade Center Delaware and the U.S. Foreign Commercial Service Brussels will host “How to Sell to NATO: Opportunities and Best Practices,” a workshop on Feb. 28 that will offer advice and direction to Delaware companies interested in pursuing NATO contracts. Ira Bel, the senior commercial specialist for the USFCS in Brussels, will lead the workshop.
NATO regularly requests proposals for a variety of supplies and services that span multiple Delaware-based industries, including healthcare equipment, consultant and training services, construction and road-building equipment, engineering skills, information technology, environmental services, agriculture and more. The workshop will feature information on products and services NATO needs now (and what it will likely need in the near future), advice on how to navigate the NATO Support Procurement Agency, and tips on successful bidding.
Delaware businesses will also learn more about innovation challenges and other programs that NATO’s procurement agencies offer specifically for small and medium-sized companies.
“How to Sell to NATO: Opportunities and Best Practices” will take place from 8-11:30 a.m. on Wednesday, Feb. 28 at Delaware Technology Park, 1 Innovation Way, Newark. The cost is $50 for members of World Trade Center Delaware and $100 for non-members.
The World Trade Center Delaware is a private-sector, nonprofit organization helping Delaware companies to succeed in the international marketplace. With a primary focus on export promotion, the WTC Delaware develops programs to assist businesses and organizations including educational and networking events, market research, and consulting. WTC Delaware is the Associate Office for the U.S. Department of Commerce in Delaware, EXIM Bank's Delaware representative (REPP), and a U.S. Trade and Development Agency Making Global Local Partner.
Event: How to Sell to NATO: Opportunities and Best Practices
Time: 8-11:30 a.m.
Date: Wednesday, Feb. 28
Location: Delaware Technology Park, 1 Innovation Way, Newark
Cost: $50/members of World Trade Center Delaware; $100/non-members
Register at: http://www.wtcde.com
Matt Sullivan, WTCDE communications
(302) 354-3306, firstname.lastname@example.org
Via Spark Therapeutics
PHILADELPHIA, Feb. 23, 2018 (GLOBE NEWSWIRE) -- Spark Therapeutics (NASDAQ:ONCE), a fully integrated gene therapy company dedicated to challenging the inevitability of genetic disease, today announced that Arlene V. Drack, M.D., associate professor in ophthalmic genetics at the University of Iowa, will present a new age-stratified analysis of Phase 3 voretigene neparvovec data at the American Association for Pediatric Ophthalmology and Strabismus(AAPOS) Annual Meeting on “Year 3 Results and Age-Stratified Analyses for a Phase 3 Trial of Voretigene Neparvovec in RPE65 Mutation-associated Inherited Retinal Disease,” on Thursday, March 22, at 8:45 a.m. ET, at the Washington Hilton Hotel in Washington, D.C.
Additionally, company management will present at the following business or scientific conferences:
At Spark Therapeutics, a fully integrated company committed to discovering, developing and delivering gene therapies, we challenge the inevitability of genetic diseases, including blindness, hemophilia and neurodegenerative diseases. We have successfully applied our technology in the first FDA-approved gene therapy in the U.S. for a genetic disease, and currently have three programs in clinical trials, including product candidates that have shown promising early results in patients with hemophilia. At Spark, we see the path to a world where no life is limited by genetic disease. For more information, visit www.sparktx.com, and follow us on Twitter and LinkedIn.
Investor Contact:Media Contact:
Ryan AsayMonique da Silva
(215) 239-6424(215) 282-7470
Philadelphia, PA, February 14, 2018 - The largest container vessel to ever call at The Port of Philadelphia has arrived yesterday at the Packer Avenue Marine Terminal. The M/V MSC Shuba B arrived from the West Coast of South America with a cargo of predominately perishable fruit. The origin of most of the cargo was from Chile and Peru, which included table grapes, peaches, plums, pears and blueberries.
PhilaPort has a long history of trade with the agriculturally rich countries of Chile and Peru. In 2017, the value of the cargo originating from Chile had a value of over $1.1 billion dollars and $475 million from Peru, a 15 percent increase from the previous year.
"Being able to handle a 12,200 TEU container capacity vessel is a game changer", said Jeff Theobald, Executive Director and CEO of PhilaPort. "This size of vessel is increasingly being used as the workhorse for shipping lines around the world. It's the reason why we are working so hard to make the necessary capital improvements which we have planned as quickly as possible."
PhilaPort is currently implementing a $300 million infrastructure improvement plan which includes wharf strengthening, new cranes, paving and many other terminal improvements.
In 2017, the Port realized 19 percent growth in its containerized cargo volumes handling 548,000 containers.
"It's great to see this new class of vessel here before we have our new cranes and the official opening of the new deeper channel", said Tom Holt, President of Holt Logistics. "It's definitely a sign of more good things to come."
The M/V MSC Shuba B is as large as the new 60-story Comcast Technology Building being constructed in Philadelphia at 1,100 feet long and a deadweight of 134,000 mt. This is the largest class of vessel that MSC currently has calling the U.S. East Coast.
by Jacob Adelman, Staff Writer @jacobadelman | email@example.com
A massive, mostly vacant land parcel beside Philadelphia International Airport could become a bustling shipping hub for everything from medicine to car parts under a plan to develop the site into a new air-freight complex serving a swath of the northeastern United States.
The airport last month acquired control of the so-called Henderson Tract, which sprawls 135 acres — an area similar in size to the entire King of Prussia Mall and its parking lots — to the immediate west of its passenger terminals.
The move caps a years-long battle over the fate of the property in Tinicum Township, Delaware County, and is a first step by Philadelphia toward cashing in on its location among some of the nation’s biggest population centers in hopes of becoming a major air-freight power.
Up for grabs could be an estimated $50 billion in air-cargo business generated in the Philadelphia region, all but 9 percent of which is now lost to airports to the south, in Baltimore and Washington, and to the north, in New York and Newark, N.J., because Philadelphia doesn’t have the capacity to take it on, said James Tyrrell, the airport’s chief revenue officer.
Despite its name, the area to the northeast of the Henderson land known as Cargo City is mostly used for purposes other than shipping, such as American Airlines Inc.’s catering facility, Tyrrell said.
“We have not been involved, for all intents and purposes, in the cargo business,” he said. “And we want to get involved.”
The city took possession of the Henderson property on Jan. 19 for $54.5 million in compensation after settling litigation over past efforts to condemn the land for airport use, an airport spokeswoman said.
The city could wind up paying more to the property’s former owners, the Henderson Group development company and related entities, if a panel to be convened by the Delaware County Court of Common Pleas determines that its fair market value is higher.
Henderson representatives have in the past accused the city of trying to acquire the land, undeveloped but for two now-vacant industrial buildings, for less than its actual value. Henderson Group spokesman Kevin Feeley declined last week to comment on the deal with the city.
The land’s acquisition — like all airport activities — is being financed through fees paid by airlines to use the facility, as will its redevelopment at a cost that is yet to be established, Tyrell said.
Tyrrell said that it was not yet clear what form the air-cargo facility would take but that there appears to be demand among shippers for facilities with space to park planes near warehouses for easy loading and unloading.
A mid-January workshop held to present the site to potential future users was attended by representatives of FedEx Corp. and of Amazon Air, the growing air-shipping subsidiary of the e-commerce giant with a hub in Hebron, Ky., near Cincinnati, among others, Tyrrell said.
“We’re looking for the leaders in the industry to tell us how we can take advantage of this opportunity,” he said.
A message left with FedEx was not returned. An Amazon spokesman said he had no details to provide about the company’s interest in Philadelphia’s air-shipping expansion.
The air-freight company with the most significant current Philadelphia foothold is United Parcel Service Inc., which employs 3,100 at a hub on 212 acres along Hog Island Road. It includes a 681,000-square-foot sorting building and a 50-acre aircraft ramp.
Brandon Stallard, chief executive of Troy, Mich.-based supply chain management company TPS Logistics, said he can imagine the facility being used by pharmaceutical companies to rush drugs to market or by car manufacturers speeding auto equipment from cargo ships to their final U.S. destinations during recalls.
“There’s just a heck of a lot of volume that happens on the East Coast,” said Stallard, who is not involved with the proposal.
Airport officials are beginning preliminary work on the project, such as determining whether any environmental remediation or wetland habitat restoration work will be needed, Tyrell said. The project also will require working with Delaware County and Tinicum Township to relocate Tinicum Island Road, which separates the Henderson land from the airport itself.
Harold Epps, director of the city’s Commerce Department, which operates the airport, said he sees the air-freight expansion plan, along with the deepening of the Delaware River navigation channel and updates to the Port of Philadelphia’s terminals, as part of a larger effort to take advantage of the city’s central location along the mid-Atlantic Seaboard.
With flight paths and shipping lanes much less crowded than those in the New York and Washington areas, Philadelphia should be an attractive gateway to the densely populated region, Epps said.
“We have just under-leveraged our location and our assets at both ports, and now we’re beginning to recognize the value they can add to the supply chain,” Epps said. “Our location gives us a significant capability to be a feeder for the region and the rest of the state.”
Via Global Trade Magazine
The Trump administration’s efforts to re-negotiate NAFTA continue amidst uncertainty and growing concern whether the parties will be able to conclude talks successfully. Several major issues are still pending resolution, so the NAFTA talks have been extended through the first quarter of 2018, including a negotiating round in Montreal in late January.
With such significant conceptual gaps between the parties, the future of the agreement is in question—but what is truly at stake? What would a post-NAFTA world look like? To analyze the potential impact of withdrawal on job growth, competitiveness, and geopolitics, the Wilson Center partnered with the Council of the Americas to co-host a discussion with city mayors, former ambassadors and business leaders from the three NAFTA countries.
“If the world cannot trust the United States to uphold an international agreement that was negotiated by a Republican administration and passed under a Democratic administration, with both bipartisan and bicameral support, the credibility of the United States in highly sensitive trade matters would be suspect from now until long into the future,” said Eric Farnsworth, Vice President, Americas Society/Council of the Americas.
“NAFTA is a story of success, of growth, of jobs,” said Kevin Faulconer, mayor of San Diego. “Free trade works. It works for our country, it works for our city. Oftentimes a product will cross the border two or three times before it’s finished. What a great example of NAFTA.
“There is now a $2.5 billion supply chain, this didn’t exist back in 1994,” he added.
“We are in this together,” said Don Iveson, mayor of Edmonton. “All three North American countries constantly work together on trade. Edmonton does $1 billion in trade with Houston alone, in oil and gas, intellectual property, advanced manufacturing.”
“It would be devastating to lose NAFTA because it would put American businesses at a disadvantage,” said Paola Avila, vice president of the San Diego Regional Chamber of Commerce. “It’s more than NAFTA supply chains that are integrated, it’s our economies. When one catches a cold, the others get a fever.”
“The potential tariff increases themselves from a NAFTA withdrawal aren’t the primary issue,” said Karan Bhatia, vice president for government affairs and policy at General Electric. “The resulting uncertainty is the real problem. We at GE support an updated and strengthened NAFTA.”
“Beyond the economic numbers is the more compelling story of how NAFTA changed the geopolitical landscape of all North America for the better,” said Arturo Sarukhan, former Mexican ambassador to the US. “With a presidential election coming up and plummeting perceptions of the United State in Mexico, the wiggle room a Mexican administration may have to accept deals that make or break NAFTA in four to eight months may be zero.”
Via Temple University Health System
Temple University Hospital (TUH) performed 131 lung transplants in calendar year 2017, making it the number 1 volume program in the nation according to data just released by the United Network for Organ Sharing (UNOS). Temple’s lung transplant volume has grown steadily in recent years, increasing from only 5 transplants in 2011, to 131 in 2017.
“Since 2011, we have recruited top talent and made significant process and protocol improvements,” says Verdi J. DiSesa, MD, MBA, President & Chief Executive Officer of TUH, Chief Operating Officer of Temple University Health System and Senior Vice Dean for Clinical Affairs at the Lewis Katz School of Medicine at Temple University (LKSOM). “To accomplish 131 lung transplants in a single year and to reach this level in such a short period of time is nothing short of extraordinary. This truly is a demonstration of the talent and dedication of our transplant team and a measure of our commitment to serve patients who are in need of highly skilled, complex care.”
Temple’s Lung Transplantation Program and the nationally recognized Temple Lung Center are comprised of physicians, nurses, therapists, pharmacists, social workers, laboratory technicians and administrative and support personnel who work around the clock to provide cutting edge medical and surgical care to patients with complex and advanced lung disorders.
“Our lung transplant team doesn’t work in isolation,” adds Dr. DiSesa. “This milestone is also testament to outstanding work by everyone associated with the program – from clinicians and caregivers to those who work behind the scenes to arrange for organs, and support patients throughout every phase of the process and beyond.”
The Temple Lung Center is a national leader in treating both common and complex lung problems, including asthma, emphysema, COPD, chronic bronchitis, lung cancer, sarcoidosis, pneumonia and pulmonary hypertension. One of the most active centers for pulmonary care in the nation, the Temple Lung Center treats tens of thousands of patients every year.
“The collective achievements of the Temple Lung Center and the transplant team embody Temple’s commitment to building the best pulmonary program in the nation,” says Dr. DiSesa.
Date Published: Tuesday, January 16, 2018