Latest news with #NorthAmerican-made
Yahoo
02-06-2025
- Business
- Yahoo
Heliene Celebrates the Grand Opening of Rogers, MN Solar Manufacturing Facility
The new facility expands the Company's annual U.S.-made solar PV module output to 1.3GW and creates hundreds of new jobs in the greater Minneapolis-St. Paul metropolitan area ROGERS, Minn., June 02, 2025 (GLOBE NEWSWIRE) -- Heliene, Inc., a customer-first provider of North American-made solar PV modules, celebrated the grand opening of a new solar PV module manufacturing facility in Rogers, MN on May 30. U.S. Senator Amy Klobuchar, MN Commissioner Matt Varilek, and Rogers' Major Shannon Klick together with other State elected officials were in attendance to mark this milestone achievement for domestic clean energy manufacturing, regional job creation, and economic development. The Rogers facility houses Minnesota Line 3, Heliene's third U.S.-based manufacturing line. Minnesota Line 3 has been operational since April 29 and has an annual capacity of 500MW. Heliene also owns and operates 300MW-Minnesota Line 1 and 500MW-Minnesota Line 2 at its existing Mountain Iron, MN facility. The opening of Line 3 brings Heliene's total U.S.-made module manufacturing output per year to 1.3GW. 'Heliene is experiencing continued demand for our high-quality, high-domestic content solar PV modules,' said Martin Pochtaruk, CEO of Heliene. 'By nearly doubling our manufacturing capacity at our new Rogers, Minnesota facility, we can continue to provide best-in-class fully domestic content products and service to our customers, while we deliver on our broader goal of onshoring U.S. solar supply chains, by incorporating domestically-produced, cells, frames, polymers and other critical components.' The completion of Minnesota Line 3 expands Heliene's commitment to offering U.S. solar developers high-quality PV modules made with an industry-leading percentage of domestic content. The Company is hiring more than 220 new employees in the greater Minneapolis-St. Paul metropolitan area to support operations, maintenance, and engineering at the new facility. Heliene received $2.3M in funding from the Minnesota Department of Employment and Economic Development (DEED), with specific funding from the Minnesota Investment Fund (MIF), Minnesota Job Creation Fund (JCF) and the Minnesota Job Skills Partnership (MJSP), to support the above mentioned job creation. 'The opening of this new manufacturing plant means high-quality solar panels will be produced in Rogers to meet increasing demand for energy across our state and throughout the country—and it will create hundreds of new jobs for the region,' said Senator Klobuchar. 'I'm committed to working together to strengthen our manufacturing economy, increase affordable clean energy, and bring the jobs of the future to Minnesota.' Across all its U.S. manufacturing lines, Heliene is producing bifacial, high-efficiency crystalline solar PV modules with the highest possible percentage of domestic content available on the market. To support this effort, Heliene has secured a number of strategic partnerships with domestic solar module component manufacturers in recent years. About HelieneHeliene is one of North America's fastest-growing, domestic PV manufacturers serving the utility-scale, commercial, and residential markets. With an in-house logistics team and remarkably responsive support staff, Heliene delivers competitively priced, high performance solar modules precisely when and where customers need them to accelerate North America's clean energy transition. Founded in 2010, Heliene consistently ranks as a highly bankable module manufacturer. For more information, visit For more information, please contact:HelieneMedia inquiries:heliene@
Yahoo
20-03-2025
- Business
- Yahoo
Chris Miller, Former Acting U.S. Secretary of Defense Appointed by President Trump, Joins the Draganfly Board of Directors
Tampa, Florida, March 20, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc, (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) ('Draganfly' or the 'Company'), an award-winning, industry-leading drone solutions and systems developer, is proud to announce that Christopher C. Miller, former Acting U.S. Secretary of Defense under President Donald Trump, has joined the Company's Board of Directors. Miller, a seasoned national security expert with decades of experience in defense and intelligence, will help guide Draganfly's strategic initiatives in the government, defense, and aerospace sectors. His extensive leadership in military operations and national security policy aligns with Draganfly's commitment to providing cutting-edge, American-made drone technology for critical applications. "Chris Miller's experience at the highest levels of defense and national security will be invaluable to Draganfly as we continue to expand our role in government and security operations. His insights and expertise will help continue to position Draganfly as a leader in North American-made drone solutions for defense, law enforcement, and public safety,' said Cameron Chell, CEO of Draganfly. Miller served as the Acting U.S. Secretary of Defense, overseeing the Department of Defense during a critical transition period. Prior to that, he held senior positions at the National Security Council and Special Operations Command, where he played a key role in shaping U.S. counterterrorism strategies. "Draganfly is at the forefront of innovation in drone technology, and I'm honored to join the Board at such a pivotal time,' said Chris Miller. 'As the demand for secure, American-made drone solutions grows, Draganfly's commitment to innovation, safety, and strategic partnerships will be essential in supporting national security and defense initiatives. I look forward to contributing to the Company's success.' Miller's appointment strengthens Draganfly's leadership team as the Company continues to expand its work with government and defense partners. His deep understanding of security, policy, and military operations will help Draganfly further solidify its position as a key player in the rapidly evolving drone and aerospace industries. For more information about Draganfly and its leadership team, visit About Draganfly Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) is a global leader in drone technology, AI, and autonomous systems, providing innovative solutions for public safety, defense, agriculture, and industrial applications. With over 25 years of experience, Draganfly is recognized for its groundbreaking contributions to the UAV industry and commitment to delivering cutting-edge, North American-made technology. CSE ListingNASDAQ ListingFrankfurt Listing Forward-Looking Statements This release contains certain 'forward looking statements' and certain 'forward-looking information' as defined under applicable securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as 'may', 'will', 'expect', 'intend', 'estimate', 'anticipate', 'believe', 'continue', 'plans' or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements include, but are not limited to, statements with respect to Chris Miller's future contributions to Draganfly; that Draganfly will continue to position as a leader in North American-made drone solutions for defense, law enforcement, and public safety; that's Draganfly's commitment to innovation, safety, and strategic partnerships will be essential in supporting national security and defense initiatives. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out here in, including but not limited to: the potential impact of epidemics, pandemics or other public health crises, including the COVID-19 pandemic, on the Company's business, operations and financial condition; the successful integration of technology; the inherent risks involved in the general securities markets; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of cost estimates; the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions; and liability, competition, loss of key employees and other related risks and uncertainties disclosed under the heading 'Risk Factors' in the Company's most recent filings filed with securities regulators in Canada on the SEDAR website at and with the United States Securities and Exchange Commission (the 'SEC') on EDGAR through the SEC's website at The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements' best judgment based on information currently available. No forward-looking statement can be and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. Media ContactErika RacicotEmail: media@ Company ContactEmail: info@ in to access your portfolio
Yahoo
06-03-2025
- Automotive
- Yahoo
Trump exempts Mexican goods from new tariffs until at least April 2
March 6 (UPI) -- President Donald Trump agreed Thursday not to impose new tariffs on Mexico until at least April 2. That's when the trade pact signed with Mexico in Trump's first term expires. It's a fast reversal after imposing tariffs on Mexico on Tuesday. Trump called it an accommodation. In a statement on social media Trump said, "After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay tariffs on anything that falls under the [United States-Mexico-Canada Agreement]. This Agreement is until April 2." He said he and Sheinbaum have a very good relationship are working cooperatively on border security and trying to stop Fentanyl from cross the Mexican border into the United States. Sheinbaum said during a press conference Thursday, "In February alone, the reduction in fentanyl seizures on the United States side of the border with Mexico was 41.5%. [Trump] didn't know about this graph until I sent it to him." Mexican goods covered under the pact Trump signed in his first term won't have to pay the 25% tariffs the U.S. president wanted to enact. Left unsaid was whether the tariff exemption would also be granted to Canada, also a party to that trade agreement. The UMCA lets trade flow between the North American nations without tariffs as long as they abide by the agreement provisions. One of them is that products need to be either made entirely in North America or be substantially transformed in North America. Thursday's move granting Mexico the tariff exemption comes on the heels of Trump's decision to delay auto tariffs on Canada and Mexico. According to the Anderson Economic Group, the auto tariffs could have hiked the price on North American-made cars sold in the United States by $4,000 to $10,000. In a sign of how much the tariffs would have hurt the U.S. economy, the Dow Jones industrial average was up by some 500 points in trading Wednesday on the news that autos would be exempt. But the Dow was down more than 600 points at mid-afternoon Thursday on skittishness about future tariffs.
