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SARIAYA, QUEZON – PHILIPPINES – Universal Robina Corp. (URC), one of the country’s largest food and beverage firms, is set to open a new mill in Sariaya town, in Quezon Province, to further boost its production of quality flour. URC Flour Sariaya – set to be operational in the fourth quarter of 2024 – will raise URC Flour’s capacity, from 2,180 MT per day to about 3,500 MT per day. COMMITTED TO NOURISHING THE NATION. With the launch of URC Flour’s newest flour plant, the company is helping lay a solid foundation in advancing food production and security in the country. L-R: Conrado M. Estrella III, Secretary of Department of Agrarian Reform, Francisco “Kiko” Tiu Laurel Jr. , Secretary of Department of Agriculture, Ferdinand “Bongbong” R. Marcos Jr., President Republic of the Philippines, Lance Gokongwei, Chairman Universal Robina Corporation, Irwin C. Lee, President and Chief Executive Officer, Universal Robina Corporation, Ellison Dean C. Lee, Managing Director, Universal Robina Corporation- Flour Division. “We are seeing an ever-growing demand for our products. This new flour mill will allow us to meet that demand, maintain the quality of our products and keep our price point competitive,” said Irwin C. Lee, URC President & CEO. The new facility will use a fully automated flour-milling technology that fully integrates the roller mill’s control and monitoring system in the main station, a first in the Philippines. PRESSING FORWARD TO A BRIGHTER FUTURE. The URC Flour Sariaya Plant is now operational which will bring the company’s total milling capacity to over 104,100 bags daily. L-R: Ferdinand “Bongbong” R. Marcos Jr., President Republic of the Philippines, Irwin C. Lee, President and Chief Executive Officer, Universal Robina Corporation, Lance Gokongwei, Chairman Universal Robina Corporation, Francisco “Kiko” Tiu Laurel Jr. , Secretary of Department of Agriculture and Conrado M. Estrella III, Secretary of Department of Agrarian Reform. “This Php 5.4 billion investment is an affirmation of our confidence in our economy and the conducive investment climate in our country. It is also a concrete manifestation of our steadfast support in improving our nation’s food security, aligned to the priorities of His Excellency President Ferdinand Marcos Jr. and Secretary Francisco Tiu Laurel to enhance agricultural productivity and strengthen the grain sector” said Lance Y. Gokongwei, Chairman Universal Robina Corporation. ““With the launch of this new flour mill, we are helping lay a solid foundation in advancing food production and security in our country” added Gokongwei. URC Flour Sariaya will also have the capability to do fully automatic packing operations, which will speed up the production process and reduce wastage. This technology upgrade maximizes efficiency at the plant, reduces costs and overall cuts URC’s carbon footprint. It is in line with URC’s push to bring down the amount of energy and other resources it uses to manufacture its products. The mill sits on 10 hectares in Sariaya. When fully operational, it will provide at least 150 jobs. WITNESS THE UNVEILING OF A NEW ERA. URC Flour’s investment in their new Sariaya Flour Mill brings great promise to the local community of Sariaya. Beyond its economic impact, generating jobs and creating business opportunities for suppliers and service providers. L-R: Conrado M. Estrella III, Secretary of Department of Agrarian Reform, Francisco “Kiko” Tiu Laurel Jr. , Secretary of Department of Agriculture, Ferdinand “Bongbong” R. Marcos Jr., President Republic of the Philippines, Lance Gokongwei, Chairman Universal Robina Corporation, Irwin C. Lee, President and Chief Executive Officer, Universal Robina Corporation, Ellison Dean C. Lee, Managing Director, Universal Robina Corporation- Flour Division. “URC Flour Sariaya is a testament to our unwavering dedication to innovation, quality and growth,” said Lee. “With its enhanced technology, substantial capacity and focus on community development, the plant is poised to become a cornerstone of URC’s progress and a catalyst for positive change in the area,” Lee added. URC Flour is one of the Philippines’ top flour millers. It started commercial operations in 1970 with its first plant in Pasig. It opened its second plant in Davao in 1991. Being business-savvy should be fun, attainable and A+. BMPlus is BusinessMirror's digital arm with practical tips & success stories for aspiring and thriving millennial entrepreneurs.
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New putting grip, same old Scottie Scheffler. The world's top-ranked golfer shot a blazing 9-under-par 63 on Sunday to repeat at the Hero World Challenge, winning by six shots over South Korea's Tom Kim at Albany Golf Course in Nassau, Bahamas. Scheffler rolled in nine birdie putts, the longest a 49-footer at the par-4 fourth hole, as he finished the week at 25-under-par 263 to win Tiger Woods' exclusive exhibition tournament for the second straight December. He stuck his approach shot at the par-4 18th inside 4 feet and finished up with a birdie. Scheffler completed a banner year in which he won The Players Championship, the Masters, an Olympic gold medal and the Tour Championship. "I think it's been a great year, it's been a fun year," Scheffler said. "I've been fortunate to get some wins and have some really good golf. This was another week when I played really solid and was able to see some nice results from that. Overall it was a pretty, pretty fun year." That said, he wasn't satisfied with his game and debuted a new putting grip that he said was introduced to him by his putting coach, Phil Kenyon. "I think Phil calls it a claw, but he really doesn't even say that," Scheffler said Thursday. "He just says ‘I want you to try a little bit' and he points his hand like that and wherever my hand felt good, that's where we settled. Not trying to think too much about it, trying to keep things simple." Scheffler held the 36-hole lead but was passed by Justin Thomas on Saturday. Thomas had an uneven fourth round for his highest score of the week, a 71 (five birdies, four bogeys), and he finished third at 18 under, seven behind Scheffler and one behind Kim (final-round 68). "It's just disappointing," said Thomas, who hasn't won a tournament of any kind since the 2022 PGA Championship. "I would have liked to put a little more heat obviously on Scottie going in the back nine. You know, I felt like I got a couple bad breaks there on the par 3s, the wind completely died or switched on 5. But I mean, you know, obviously I can't expect to have good things happen when I'm leading by 1 over Scottie and only shooting 1 under on Sunday." Akshay Bhatia (69) placed fourth at 15 under and U.S. Ryder Cup captain Keegan Bradley (71) took fifth at 14 under. Other notable finishes included Sweden's Ludvig Aberg in sixth at 12 under; Patrick Cantlay in 11th at 7 under; Brian Harman in 12th at 6 under; and Australian Jason Day tied for 19th (last) at 1 over with Russell Henley. Woods did not play this week, saying before the tournament his health is "still not there" and he is not "tournament-sharp" at the moment.East Carolina vs. North Alabama Predictions & Picks: Spread, Total – December 11
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SAN FRANCISCO, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Humacyte, Inc. HUMA and certain of its executives are now defendants in a class action lawsuit filed in the U.S. District Court for the Middle District of North Carolina. The suit, Cutshall v. Humacyte, Inc., et al. , alleges that the company misled investors about the status of its Biologic License Application (BLA) for its acellular tissue engineered vessel (ATEV) and the regulatory compliance of its manufacturing facilities. Hagens Berman urges investors in Humacyte who suffered substantial losses to submit your losses now . Class Period: May 10, 2024 – Oct. 17, 2024 Lead Plaintiff Deadline: Jan. 17, 2025 Visit: www.hbsslaw.com/investor-fraud/huma Contact the Firm Now: HUMA@hbsslaw.com | 844-916-0895 Humacyte, Inc. (HUMA) Securities Class Action: The complaint, filed on behalf of investors who purchased Humacyte securities between May 10, 2024, and October 17, 2024, claims that the company and its executives failed to disclose material adverse facts about the company's business, operations, and prospects. Specifically, the lawsuit alleges that Humacyte's Durham, North Carolina facility had significant manufacturing compliance issues, including deficiencies in quality assurance and microbial testing. The truth emerged after the FDA's subsequent inspection of the facility and the delayed review of the BLA came to light, which led to a significant decline in Humacyte's stock price. Specifically, on August 9, 2024, the company announced that the FDA would require additional time to complete its review of the BLA. Then, on October 17, 2024, the FDA issued a Form 483 detailing multiple violations at the Durham facility. "The allegations in the complaint highlight serious violations of securities laws. If proven true, Humacyte's alleged failure to disclose material information to investors is unacceptable," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation. If you invested in Humacyte or have knowledge that may assist the firm's investigation, submit your losses now . If you'd like more information and answers to frequently asked questions about the Humacyte case and our investigation, read more . Whistleblowers: Persons with non-public information regarding Humacyte should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email HUMA@hbsslaw.com . About Hagens Berman Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com . Follow the firm for updates and news at @ClassActionLaw . Contact: Reed Kathrein, 844-916-0895 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Macy’s, Inc. (NYSE: M) resulting from allegations that Macy’s may have issued materially misleading business information to the investing public. So What: If you purchased Macy’s securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=31645 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. What is this about: On November 25, 2024, The New York Times published an article entitled “Macy’s Discovers Employee Hid Millions in Delivery Expenses.” This article stated that “Macy’s said on Monday that an employee had “intentionally” misstated and hidden up to $154 million in delivery expenses over the past few years, forcing the retailer to delay a much-anticipated earnings report that Wall Street uses to gauge the strength of holiday shopping.” On this news, the price of Macy’s, Inc. stock fell 2.2% on November 25, 2024. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com
BNP Paribas Financial Markets Sells 1,671 Shares of Prosperity Bancshares, Inc. (NYSE:PB)If you thought Jake Paul was done taking on much older opponents, think again ... 'cause his next opponent was born long before the United States of freakin' America was founded -- a 392-year-old shark!! El Gallo made the silly declaration on social media on Thursday ... joining in on the running joke about his knack for fighting people who have been around a lot longer than him. In case you missed it, one X user shared a post about an alleged ancient shark that's been chilling in the Arctic Ocean since 1627 ... and everyone had the same response -- Jake Paul's got a new nemesis. But the boxer didn't get pissed over the jabs -- in fact, he echoed the sentiment. "Next opponent found," Paul said. "Let's run it." Hopefully it's obvious, but for the not-so-bright folks out there ... the 11-1 pugilist was being very unserious, even though that Pay-Per-View would be quite the spectacle. Worth noting, the facts in the shark tweet are also unverified -- while one Greenland shark was reportedly logged at 400 a few years back, it's unclear if the one pictured really is 392 ... or if there's one kickin' it on earth at this moment. As for who Paul will REALLY fight next ... Tommy Fury has said he'd run it back after handing the Ohio native his first L in 2023, but a bunch of people would love to see him go up against his own brother, Logan .None
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