Latest news with #MC2
Glasgow Times
23-04-2025
- Business
- Glasgow Times
Work to transform well-known Glasgow building underway
Developer Lujo Properties Limited announced that work has now started at 'MAGWRX' on Sauchiehall Street. The property firm will transform the former Magnet showroom into a 'contemporary workspace' that is aiming to 'drive the area's continued revitalisation'. Set to deliver fully-fitted suites of between 541 and 11,540 square feet, the office studios will be fully electric and rated EPC 'A', as well as benefitting from 24/7 access, a new entrance foyer, cycle storage, and meeting and kitchen areas. (Image: Supplied) (Image: Supplied) The building's exterior will also be 'radically transformed' with new brickwork to better reflect and complement its neighbours on the busy street. The redevelopment of the building is being carried out by Lujo Properties, which is a Glasgow-based family property investment and development fund. Meanwhile, C2: Concepts has been appointed as the development's interior designer. (Image: Supplied) Savills will be appointed as the building's property manager, and MC2 will be its letting agent. The redevelopment will be completed by the end of 2025. READ MORE: Major works underway for new homes in bustling Glasgow area READ MORE: Major plans hope to 'revitalise' busy Glasgow area Alastair Dickie of Lujo Properties said: 'Following planning permission, we've moved quickly to transform and revitalise this former retail showroom on one of Glasgow's main shopping thoroughfares. "MAGWRX is a brilliant opportunity for progressive and entrepreneurial businesses to secure their place in the best new workspace being delivered in Glasgow City Centre. 'Sauchiehall Street is an increasingly vibrant and interesting part of Glasgow City Centre, with high footfall and a real buzz driven by the world-renowned Glasgow School of Art, as well as the multitude of international restaurants, stores and bars on the street. 'The public realm is being significantly improved and there is a sense of real positive evolution here, which will be underpinned by MAGWRX, which will breathe new life into this empty building and bring new investment and business back to this awakening part of the City.' READ MORE: More than 1000 new homes delivered across Glasgow READ MORE: Plans 'progressing' for Glasgow's heavily delayed M8 repairs Andy Cunningham, Founder of letting agent MC2, added: 'Post-COVID, we have witnessed a dramatic change in the way occupiers now use workspaces. "With an increase in hybrid work patterns, workplaces need to be flexible and adaptive, providing modular spaces that can be quickly transformed based on daily requirements; and collaboration technology that connects remote and in-person workers; sustainable design, wellness zones and smart building technology. 'In designing MAGWRX, we have tried to incorporate this sort of fresh thinking into the entire design process and are confident that occupiers will be drawn to the building's dynamic workspaces, as well as being able to collaborate and socialise with like-minded businesses.' (Image: Supplied) Meanwhile, Jean Camplisson, director at C2: Concepts, said: "Our design team has really enjoyed this project and the focus on sustainable materials has added greatly to the development, which contains great new working offices at an up-and-coming city location."
Yahoo
22-04-2025
- Business
- Yahoo
MC Squared Energy Services (MC2) Celebrates Earth Day 2025 With Annual Green Initiative
To celebrate Earth Day 2025, on Tuesday, April 22, MC2 will retire Midwest-generated Renewable Energy Certificates (RECs) equal to 100% of the energy its customers consume this day. This amount is equivalent to eliminating more than 2,000 metric tons of CO2 from the atmosphere. MC2 continuously supports the development of renewable generation resources in the Midwest. CHICAGO, April 22, 2025 (GLOBE NEWSWIRE) -- MC Squared Energy Services, LLC (MC2), a Chicago based retail electric supplier, will celebrate Earth Day 2025 with their annual green initiative. On Tuesday, April 22, MC2 will retire wind and solar based Renewable Energy Certificates (RECs) equal to 100% of this day's energy consumption of its entire client base. This includes all residential, commercial, educational, and governmental customers served by MC2. These RECs are in addition to existing state-mandated Renewable Portfolio Standard (RPS) compliance requirements. On Earth Day 2025, MC2 is projected to retire wind and solar generated renewable energy certificates equivalent to eliminating more than 2,000 metric tons of CO2 from the atmosphere. 'We are excited to continue our tradition of celebrating Earth Day again this year by supporting clean, renewable energy resources,' states MC2 founder and president, Chuck Sutton. MC Squared Energy Services offers electricity supply products and services that are backed by RECs as a way for customers to support the reduction of harmful emissions and help the environment. A REC represents 1,000 kilowatt-hours of electricity that has been generated from a renewable energy source. About MC Squared Energy Services, LLC Established in 2008 by veteran energy industry experts, MC Squared Energy Services, LLC (MC2) is a certified retail electric-service provider headquartered in Chicago. MC2 helps municipalities, businesses, and individuals with competitive electric supply products to fit their specific needs. The company's customer-focused team has the resources and knowledge to meet its customers electrical supply requirements. MC2 prides itself on being easy to work with and responsive to its customers. MC Squared Energy Services, LLC is a wholly owned subsidiary of IGS Energy, headquartered in Dublin, Ohio. IGS Energy is redefining what it means to be an energy retailer. The company is leading a transition to a more sustainable energy future for a healthier planet by empowering home and business customers to source the energy that's right for them, manage their costs and carbon footprint, and protect the systems that keep their homes running efficiently. For Further Product Information, Contact:Samantha KomzakMC Squared Energy Services, LLC312-854-1981skomzak@ Illinois Required Disclosure (ComEd Service Area)MC Squared Energy Services, LLC (MC2) is not the same entity as your electric delivery company. You are not required to enroll with MC2. As of April 2025, the electric supply price to compare to is currently 6.552 cents per kWh1. The electric utility electric supply price will expire on May 31, 2025. The utility electric supply price to compare does not include the purchased electricity adjustment factor. For more information, go to the Illinois Commerce Commission's free website at 1The electric supply price to compare is for residential customers. Electric supply prices to compare for other rate classes (in cents per kWh) that are currently applicable include: Watt-Hour Non-Electric Space Heating - 6.574 cents/kWh; Demand Non-Electric Space Heating - 6.624 cents/kWh; Nonresidential Electric Space Heating - 6.450 cents/kWh; Dusk to Dawn Lighting - 3.723 cents/kWh; General Lighting - 6.107 cents/kWh. Illinois Required Disclosure (Ameren Service Area)MC Squared Energy Services, LLC (MC2) is not the same entity as your electric delivery company. You are not required to enroll with MC2. As of April 2025, the electric utility electric supply price to compare to is currently 8.277 cents/kWh (Up to 800 kWh) and 7.693 cents/kWh (Above 800 kWh)1. The utility electric supply price will expire on May 31, 2025. The utility electric supply price to compare does not include the purchased electricity adjustment factor. For more information, go to the Illinois Commerce Commission's free website at 1 The electric supply price to compare listed above is for residential customers. Other rate class rates as of the month above (in cents per kWh): Small General Service (Secondary) 9.040; Small General Service (Primary) 8.891; Small General Service (High Voltage) in to access your portfolio
Associated Press
21-04-2025
- Business
- Associated Press
HEICO Corporation Acquires Aircraft Interior Display Company
HOLLYWOOD, FL, EUGENE, OR AND DERBY, KS / ACCESS Newswire / April 21, 2025 / HEICO Corporation today announced that its Mid Continent Controls, Inc. ('MC2") subsidiary acquired all of the ownership interests of Rosen Aviation, LLC ('Rosen') for cash consideration paid at closing. Further terms and financial details were not disclosed. HEICO stated that it expects the acquisition to be accretive to its earnings within the year following acquisition. The transaction marks HEICO's fourth acquisition in the past six months. Eugene, OR-based Rosen designs and manufactures in-flight entertainment (IFE) products, principally in-cabin displays and control panels, for the business and VVIP aviation markets. The company will operate as a wholly-owned subsidiary of MC2, which is a niche designer and manufacturer specializing in proprietary in-cabin power and entertainment components and subsystems for business jets. The two businesses believe they can achieve important synergies, including, but not limited to, offering a larger set of aircraft interior IFE solutions integrating their respective products to offer state-of-the art designs and equipment to aircraft manufacturers, operators, completion centers and sub-system suppliers. Founded 45 years ago in 1980, Rosen enjoys a unique pedigree in the business and VVIP aircraft markets through its widely recognized and innovative product lines installed as standard equipment on a significant aircraft base of both in-production and legacy aircraft. MC2 and Rosen are part of the HEICO Electronic Technologies Group's Radiant Power family of companies. Thomas Hemphill, MC2's President, will lead both businesses. Mesirow acted as sole financial advisor to the sellers. HEICO Corporation is engaged primarily in the design, production, servicing and distribution of products and services to certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries through its Hollywood, Florida-based Flight Support Group and its Miami, Florida-based Electronic Technologies Group. HEICO's customers include a majority of the world's airlines and overhaul shops, as well as numerous defense and space contractors and military agencies worldwide, in addition to medical, telecommunications and electronics equipment manufacturers. For more information about HEICO, please visit our website at Certain statements in this press release constitute forward-looking statements, which are subject to risks, uncertainties and contingencies. HEICO's actual results may differ materially from those expressed in or implied by those forward-looking statements. Factors that could cause such differences include, among others: the severity, magnitude and duration of public health threats, such as the COVID-19 pandemic; our liquidity and the amount and timing of cash generation; lower commercial air travel, airline fleet changes or airline purchasing decisions, which could cause lower demand for our goods and services; product specification costs and requirements, which could cause an increase to our costs to complete contracts; governmental and regulatory demands, export policies and restrictions, reductions in defense, space or homeland security spending by U.S. and/or foreign customers or competition from existing and new competitors, which could reduce our sales; our ability to introduce new products and services at profitable pricing levels, which could reduce our sales or sales growth; product development or manufacturing difficulties, which could increase our product development and manufacturing costs and delay sales; cybersecurity events or other disruptions of our information technology systems could adversely affect our business; and our ability to make acquisitions, including obtaining any applicable domestic and/or foreign governmental approvals, and achieve operating synergies from acquired businesses; customer credit risk; interest, foreign currency exchange and income tax rates; and economic conditions, including the effects of inflation, within and outside of the aviation, defense, space, medical, telecommunications and electronics industries, which could negatively impact our costs and revenues. Parties receiving this material are encouraged to review all of HEICO's filings with the Securities and Exchange Commission, including, but not limited to filings on Form 10-K, Form 10-Q and Form 8-K. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable law. SOURCE: HEICO press release
