Tag Archives: Fortune Magazine

Business, Finance, Occupation & Industry

Boomerang Systems Featured in Fortune Magazine

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By Business Wirevia The Motley Fool

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Boomerang Systems Featured in Fortune Magazine

FLORHAM PARK, N.J.–(BUSINESS WIRE)– Boomerang Systems, Inc., (OTCQB: BMER) a leading designer and manufacturer of automated robotic parking and self storage systems, is featured in the April 8, 2013 issue of Fortune Magazine in a story titled “The Robot Garage.”

The article focuses on Boomerang’s innovative RoboticValet™technology, the history of the company and its leadership, as well as the benefits that its systems can offer for customers.

According to Fortune, “The potential market for robot garages is huge. The product should appeal to customers wherever land is at a premium such as airport car rental locations, universities, downtown apartment and retail developments, and even at transit hubs.”

The story also captures key financial benefits for the developer community specifically, noting, “Real estate developers like the system because it frees up extra floors that now can be used for condos or retail space. That potentially adds up to tens of millions in extra revenues for the developer — way more than enough to pay for the system.”

Boomerang’s RoboticValet™ is a revolutionary parking solution powered by robots that drive on concrete slab floors to transport vehicles to and from parking spaces. The technology eliminates the need for building ramps and reduces the number of drive aisles allowing the cars to fit in roughly half the space required by a conventional garage. Because cars are shut off before being parked in the garage, carbon emissions are reduced and less electricity is used for ventilation and lighting.

Read more at: http://boomerangsystems.com/index.php?view=company&parkId=7

About Boomerang Systems, Inc.

Headquartered in Florham Park, NJ, with research, design, testing and production facilities in Logan, UT, Boomerang Systems, Inc. (www.boomerangsystems.com) is in the business of selling, designing, engineering, manufacturing, installing and supporting its own line of fully automated parking systems and fully automated self-storage systems. The Company is the developer and sole provider of the Boomerang RoboticValet™ automated parking system which differs from legacy automated parking systems in that it transports vehicles on a flat solid concrete slab without the use of a rail or track. Prior to starting Boomerang in 2006, the Company’s founding principals started S&S Worldwide, which has grown to become the largest manufacturer of thrill rides in the USA with installations in 31 countries worldwide.

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Pinnacle Foods Inc. Celebrates First Day as Public Company on the New York Stock Exchange

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By Business Wirevia The Motley Fool

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Pinnacle Foods Inc. Celebrates First Day as Public Company on the New York Stock Exchange

NEW YORK–(BUSINESS WIRE)– Parsippany, N.J.-based Pinnacle Foods, Inc., manufacturer and distributor of popular food brands such as Birds Eye®, Duncan Hines®, Vlasic®, Mrs. Butterworth’s® and other well-recognized brands, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “PF” after its initial public offering. Barclays Capital is the Designated Market Maker for the company’s stock.

Pinnacle Foods Inc. CEO Bob Gamgort, joined by members of the company’s leadership team, rings the NYSE Opening Bell(R) to celebrate Pinnacle Foods‘ IPO and first day of trading on the NYSE. (Photo: Business Wire)

CEO Bob Gamgort, along with members of Pinnacle Foods‘ leadership team, celebrated the company’s first day of trading by ringing the NYSE Opening BellSM and visiting the trading floor to observe the stock opening.

“We’re excited to welcome Pinnacle Foods and its family of iconic brands to the New York Stock Exchange,” said Scott Cutler, Executive Vice President, Head of Global Listings, NYSE Euronext. “Through innovation and a focus on excellence, Pinnacle Foods‘ products continue to grace the nation’s households after more than 150 years. We congratulate Pinnacle Foods on its IPO and are proud to partner with the company as it embarks on its journey as a publicly-traded company.”

“I am honored to represent all employees of Pinnacle Foods who have worked tirelessly to make this day a reality,” said Pinnacle Foods CEO Bob Gamgort. “By reinvigorating our portfolio of iconic brands, we have built a company that can satisfy the needs of our consumers, partner with our retailers and create value for our investors. We look forward to continuing to build the value of this great company for years to come.”

For more information on NYSE Euronext’s listings business and to learn about trends in the IPO market, please visit the NYSE Euronext IPO Center.

About Pinnacle Foods (Source: Pinnacle Foods)

Every day, in more than 85% of American households, consumers reach for Pinnacle Foods brands. Pinnacle Foods is a Top 1000 Company ranked on Fortune Magazine‘s 2011 Top 1000 companies list. We are a leading producer, marketer and distributor of high-quality branded food products, which have been trusted household names for decades. Headquartered in Parsippany, NJ, our business employs an average of 3,700 employees. We are a …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Canon Ranks as One of Fortune Magazine's 2013 World's Most Admired Companies

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By Business Wirevia The Motley Fool

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Canon Ranks as One of Fortune Magazine’s 2013 World’s Most Admired Companies

MELVILLE, N.Y.–(BUSINESS WIRE)– Canon U.S.A., Inc., a leader in digital imaging solutions, today announced that its parent company, Canon Inc., has placed on Fortune Magazine‘s 2013 World’s Most Admired Companies list. Moving up one spot in 2013 to fourth globally in the Computers category, Canon ranked in the top three for innovation, financial soundness and long-term investment. In addition, the company placed first among corporations based internationally.

Close to 700 companies from 30 countries around the world were analyzed and ranked with the input from 3,800 executives, directors and analysts. The 2013 list was separated into 57 industries ranging from aerospace and defense to trucking, transportation and logistics.

“The companies ranked by Fortune are the most innovative and influential around the world,” said Bunji Yano, senior director and general manager, Corporate Communications, Canon U.S.A. “To simply be a part of this list is an honor in itself, yet to rank so highly exemplifies our dedication to not only our customers, but our employees and the communities we serve.”

For 2013, companies were judged in nine different attributes of recognition including global competitiveness, use of corporate assets and people management.

About Canon U.S.A., Inc.

Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions. With approximately $40 billion in global revenue, its parent company, Canon Inc. (NYS: CAJ) , ranks third overall in U.S. patents registered in 2012† and is one of Fortune Magazine‘s World’s Most Admired Companies in 2013. In 2012, Canon U.S.A. has received the PCMag.com Readers’ Choice Award for Service and Reliability in the digital camera and printer categories for the ninth consecutive year, and for camcorders for the past two years. Canon U.S.A. is committed to the highest level of customer satisfaction and loyalty, providing 100 percent U.S.-based consumer service and support for all of the products it distributes. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company’s RSS news feed by visiting www.usa.canon.com/rss.

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†Based on weekly patent counts issued by United States Patent and Trademark Office.

All referenced product names, and other marks, are trademarks of their respective owners.

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Source: FULL ARTICLE at DailyFinance

Articles of Interest

Outdoor Retail Exec Picked For Interior

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By Breaking News

Barack Obama 5 SC Outdoor retail exec picked for Interior

WASHINGTON (OfficialWire) — President Barack Obama on Wednesday will nominate business executive and former engineer Sally Jewell to lead the Interior Department, an administration official said.

Jewell is the president and chief executive officer at the outdoors company Recreational Equipment, Inc., known as REI, which sells clothing and gear for outdoor adventures with more than 100 stores across the country. Prior to joining REI in 2000, Jewell worked in commercial banking and as an engineer for Mobil Oil Corporation.

If confirmed, Jewell would replace current Interior Secretary Ken Salazar, who held the post throughout Obama’s first term. Salazar announced last month that he would step down in March.

Jewell is the first woman in Obama’s crop of second-term Cabinet nominees. The White House faced criticism that the new Cabinet lacked diversity after Obama tapped a string of white men for top posts, but Obama promised more diverse nominees were in the queue for other jobs.

Jewell’s confirmation would also put a prominent representative from the business community in the president’s Cabinet. REI is a $2 billion-a-year company and has been named by Fortune Magazine as one of the top 100 companies to work for.

Read More at OfficialWire . By Julie Pace.

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Source: FULL ARTICLE at Western Journalism