Latest news with #G3
USA Today
5 days ago
- Business
- USA Today
Carolina golf course neighbors angry as plans to 'pack in' homes are unveiled
Any hopes of reviving a closed North Carolina golf course appear dead, despite residents' anger with the new development plan. Carolina Shores Golf and Country Club, which sits near the border of South Carolina, just 40 minutes from Myrtle Beach, closed less than a year ago. The 18-hole championship golf course, designed by Tom Jackson, opened in 1974. A driving range, pro shop, bar and grill and practice greens are also on the 156-acre property. Philippe Bureau was the director of golf at Ocean Ridge Plantation from 2005 to 2008 before taking over Carolina Shores Golf and Country Club in 2011. The golf course permanently shut its doors in late 2024, after rumors about Bureau selling the property to a developer circulated. Bureau at that time told the Wilmington StarNews there were no plans to sell the golf course or reopen it and that he did not file for bankruptcy following the course's closure. But now, a former owner of the property is back in the picture and residents are frustrated with a plan to develop the area. From our partner, the StarNews: The preliminary site plan was submitted to the town of Carolina Shores on Aug. 1 and is designed by G3 Engineering. Preliminary site plans include 120 detached single-family homes on .80-acre lots and 82 acres of open space. According to the preliminary plans, the engineers believe the property is in a flood hazard zone. This means the area is a moderate flood hazard area, per the Federal Emergency Management Agency website. Developer Mike Matheny used to own the golf course and is now offering to build single family residential units on it. Matheny said he will not build multi-family units on the course and that the property has not been sold yet. The property is officially done being a golf course, Bureau's attorney Kenneth Moss and G3 Chief Business Development Officer Felix Pitts said on Aug. 5. The property is currently zoned Conservation Recreation District. This district designation, per the towns code of ordinances, is intended to preserve Carolina Shores' open space areas and protect natural resources. 'Large lot zoning for single-family residential development is conditionally allowed as an effective way to preserve natural and community open space resources,' the code states. Charles Suggs, Director of Planning, Permitting, and Entitlement for G3, said Bureau voluntarily requested to rezone the property to Planned Unit Development. And while it looks like less than half of the course's footprint will be used for the development, that doesn't mean the homes will be spread out. Moss said developers could build 140 one-acre lots on the property under its current zoning. However, the preliminary plans will develop only 40% of the course and looks to be the "best fit" for the community, the attorney said. "You can't stop this property from being developed," said Pitts, earlier stating he will "pack in" as many homes as he can on the property.
Business Wire
01-08-2025
- Entertainment
- Business Wire
Simms and the Grateful Dead Announce Dead on the Water
BOZEMAN, Mont.--(BUSINESS WIRE)--Simms Fishing Products, the preeminent manufacturer of waders, outerwear, footwear, and technical fishing apparel and a Revelyst brand, is proud to announce the launch of Dead on the Water, an all-new campaign encompassing a limited-edition product collection in collaboration with the Grateful Dead. At its surface, it's a line of technical and lifestyle pieces—T-shirts, hats, sun hoodies, and a special limited-edition G3 Guide Wader —but at its core, it's something deeper. 'This collaboration was born from feeling, not formulas. Fishing and music are both immersive experiences. They quiet the noise. They shift your focus from the outside world to the present moment." Share Some things don't need to be explained—they just feel right. The flow of water, the pulse of great music in an idyllic setting, and the way time seems to stretch and dissolve when you're deep in either one. That's where Simms and the Grateful Dead meet. In essence, music and fishing ask the same thing of us—presence, surrender, and the willingness to embrace what comes next. 'This collaboration was born from feeling, not formulas,' said Head of Simms, Ben Christensen 'Fishing and music are both immersive experiences. They quiet the noise. They shift your focus from the outside world to the present moment. Dead on the Water is our effort to capture this state of mind and an invitation to our community to join us on this long, strange trip.' For decades, the music of the Grateful Dead has echoed across rivers, drift boats, and streamside hangs—the unofficial soundtrack of the angler's pursuit. Improvisational, raw, and emotional—it mirrors the experience of fishing itself. No two days, no two casts, no two moments ever the same. You don't control it—you accept, enjoy, and immerse yourself into it. That spirit is present and alive in every piece of Simms' collaboration with the Grateful Dead. It's the melodic meander of a float down your home river. It's the wader built by hand, heart, and soul in Bozeman, Montana. And it's the belief that gear, like music, can do more than just perform—it can move you. 'What we're tapping into is that egoless state both artists and anglers chase—a place where instinct takes over and connection becomes everything,' added Christensen. 'For the Dead, it was the music. For us, it's the river. But the reward is the same—you get lost in the moment, and that's where the magic lives.' The centerpiece of the collection is the GD Guide Wader. Made in Bozeman, Montana, the GD Guide Wader is based on Simms' renowned and multi-award winning G3 platform and trimmed with Grateful Dead-inspired detailing. Around it orbits a collection of gear that's both river-ready and speaks the angling lifestyle: classic and technical headwear, cotton tees, and limited-edition sun hoodies designed to keep the good times rolling, from the water to wherever the current leads. At first glance, the collaboration may seem unexpected. But once you feel it, it's undeniable. One brand known for performance and craft. The other for culture and connection. Together, they speak to something both soulful and universal — the pursuit of moments that move us. With Dead on the Water, Simms steps beyond category silos and deeper into culture, reminding the world that fishing is more than a sport and/or pastime — it's a state of mind. And it belongs right alongside the music, art, and freedom that shape our lives. The Simms x Grateful Dead: Dead on the Water Collection will be available in limited quantities at and select retailers beginning August 1, 2025. See the entire Simms x Grateful Dead Collection Media Assets, Click Here Dead On The Water Film Dead On The Water Blog About Simms Fishing Products Established in 1980, Simms is the preeminent manufacturer of waders, outerwear and technical fishing apparel and accessories. The full line of Simms gear is available at specialty and large format retailers across North America as well as About Revelyst Revelyst Inc. is a collective of world-class maker brands that design and manufacture performance gear and precision technologies. Our category-defining brands leverage meticulous craftsmanship and cross-collaboration to pursue new innovations that redefine what is humanly possible in the outdoors. Portfolio brands include Foresight Sports, Bushnell Golf, Fox, Bell, Giro, CamelBak, Bushnell, Simms Fishing and more. For more information, visit
Bloomberg
10-07-2025
- Business
- Bloomberg
BI's Worthington and Jersey On G3+ Rates: Macro Matters
US Treasury yields are the lowest among the G3+ once hedged back to US dollars, which is a topic discussed on this Macro Matter's edition of the FICC Focus podcast. Bloomberg US Interest Rate Strategist Ira Jersey is joined by his European Interest Rate Strategy counterpart Huw Worthington to discuss their thoughts on central bank policy action and the government bond markets in general. The two discuss why long end yields have been more sensitive to fears of deficit increases than shorter maturity bonds. Terminal users can see their note on how Treasuries are the lowest yielding sovereign bond market after currency hedged -
Business Times
02-07-2025
- Business
- Business Times
Indonesia's Pertamina seeks US$700 million loan to build vessels: sources
[JAKARTA] Indonesia's state-owned oil giant Pertamina and its shipping arm are seeking an offshore loan of about US$700 million for the construction of vessels, according to people familiar with the matter. Pertamina sent a request for proposals to banks for the loan in recent weeks, seeking a tenor of around ten years, the people said, who asked not to be named discussing private matters. The company and Pertamina International Shipping will be the borrowers of the proposed facility, they added. Discussions with lenders are preliminary and the deal's details could change, the people said. Pertamina International Shipping is seeking funds to support its fleet investment plan to strengthen its logistic services and boost business growth, said Muhammad Baron, PIS' company secretary to Bloomberg News when asked about the loan, without elaborating further. Indonesia's financial markets bounced back recently after a torrid few months, with global funds snapping up US$1.5 billion of government bonds in May, according to data compiled by Bloomberg. The country's offshore syndicated loans also took off in recent weeks, potentially marking a comeback after a period of muted activity. Sovereign wealth fund Danantara recently sent a request for proposals to banks for a multicurrency borrowing of as much as US$10 billion, in what could be South-east Asia's largest loan. Meanwhile, Indonesia's Ministry of Finance is marketing a 252.8-million euro (S$379.2 million) facility, a rare instance of the government body tapping the syndicated market. The Pertamina loan comes as Indonesian authorities investigate a US$12 billion corruption probe involving the oil giant. In May, Indonesian authorities contacted a number of Singapore-based trading companies to request their cooperation, and executives from Pertamina subsidiaries were arrested in February. The volume of loans denominated in US dollars, euro and the Japanese yen – also known as G3 currencies – from Indonesia slumped 27 per cent to US$3.9 billion so far in 2025 versus the same period last year, according to Bloomberg-compiled data. Pertamina International Shipping last raised a US$185 million syndicated loan in February 2023. Meanwhile, the group's upstream unit Pertamina Hulu Energi last week signed a US$1.2 billion revolving credit facility. BLOOMBERG
Business Wire
01-07-2025
- Automotive
- Business Wire
Grounded Debuts World's First Electric RV Engineered for True Four-Season Adventure
DETROIT--(BUSINESS WIRE)-- Grounded, the Detroit-based electric RV startup founded by former SpaceX engineers, today unveiled its most advanced camper van to date: the G3. Built on the all-electric General Motors BrightDrop platform, the G3 delivers a 286-mile combined range on a single charge and introduces industry-leading advancements in modular design, all-season comfort, and sustainability. Headquartered at Michigan Central, Detroit's new hub for mobility innovation, Grounded is part of a growing wave of companies shaping the future of how we move and live. The G3 reflects that mission by combining off-grid capability with smart, sustainable design for travelers who want freedom without compromising their values. 'The G3 is a next-gen offering for travelers who want to live, work, and roam in comfort, grounded in what matters,' said Grounded CEO Sam Shapiro. 'The G3 builds on everything we learned from our customers and from the G2. It's a ground-up reimagining of our smart, fully-electric RV that's based on real-world use. We replaced wood cabinetry with durable aluminum frames and 100% recycled tree-free materials, refined every wall panel and furniture module to deliver designer-grade aesthetics with pro-functionality, added a motorized lift bed that transforms into a California King, and designed a new insulated rear door that improves energy efficiency without sacrificing the view. We also reengineered the electrical system for 1,400W vehicle-to-house charging and added self-heating batteries to enable four-season travel. Every improvement from materials to layout was shaped by feedback from G2 owners. The G3 is smarter, stronger, and more adaptable than any other offering on the market today.' Key Features of the G3 The G3 is Grounded's most capable and comfort-focused electric camper van yet. Built on the Chevrolet BrightDrop Zevo 400 or 600 chassis, it is engineered for year-round performance. With a single-charge range of 286 miles and all-wheel drive, it's ready for both long-distance travel and rugged conditions. Its reinforced aluminum substructure supports a full suite of onboard systems, including rooftop HVAC, 1000W of solar, and Starlink internet, while maintaining structural integrity and maximizing space. Up to 20kWh of modular, self-heating LiFePO batteries power the G3's living systems, and can be recharged through rooftop solar, shore power, or a newly developed 1,400W vehicle-to-house charging system. With improved insulation and winterization, the G3 is built to operate in temperatures as low as 0°F without compromising comfort or power availability. Inside, the G3 introduces a refined, industrial-grade approach to materials: cabinetry is framed with aluminum and finished with 100% recycled materials in customizable colors and textures. The new cabinet system is more durable and low-maintenance than traditional RV interiors. These materials resist warping, scratching, and wear over time. The redesigned rear of the van replaces the roll-up garage door with a full-width swing-out entry, improving thermal efficiency and adding functional mount points for storage and gear – in addition to increasing interior standing height. Large windows throughout, including one in the rear door, provide natural light and panoramic views. All systems onboard are managed through Grounded's integrated Grounded+ App, which gives users remote access to power usage, tank levels, appliance controls, and system diagnostics via LTE or Bluetooth. The app's layout auto-adjusts to match the configuration of each customer's build. As with all Grounded vehicles, the G3 is backed by BrightDrop's 8-year/100,000-mile platform warranty and includes a one-year interior warranty. It's compatible with CCS fast chargers nationwide and comes with a CCS-to-NACS adapter for access to Tesla Superchargers. Combined with access to a growing BrightDrop service network, the G3 offers long-haul freedom with the reliability and support of a nationwide EV ecosystem. An Industry-Leading Leap in Modular Architecture and Sustainable Materials Grounded Chief Product Officer Nadia Meyer explains: 'For our customers, the van is a culmination of their dream lifestyle and values. It's an act of quiet rebellion to break out of the mundane and redesign their lifestyle to be filled with nature and beauty. The aesthetics and function of every detail are critical for such a compact space. Grounded's design philosophy is form follows function.' Cabinetry throughout the G3 is constructed entirely without wood, using industrial-grade aluminum framing concealed behind paneling made from 100% recycled materials including household appliances and single-use plastic utensils. Unlike veneered surfaces, these materials are homogenous, meaning they're less prone to damage and never require edge banding or special finishes. They're part of a specially designed capsule material collection available in a range of colors and textures - all of which can be previewed in Grounded's new online Configurator Tool. The Configurator Tool, available at allows customers to build out every aspect of their G3 from floor plan tier to cabinetry color, bed fabric, and countertop texture, while watching their custom camper come to life in real-time 3D. An orbital camera lets users view the vehicle from any angle, inside and out, while each step in the process reflects their personal preferences and priorities. After submitting a build, Grounded's team follows up directly to finalize details and assist with next steps. One of the most flexible features of the G3 is its multi-position bed platform, which can be raised or lowered at the touch of a button. In its lower position, it supports a spacious sleeping arrangement that can expand to California King size. When not in use, the bed lifts out of the way, opening up a comfortable lounge or workspace below. A new outdoor patio functionality with a pull-out drawer that has an integrated counter for cooking and dining, as well as compartments to store cooking equipment and outdoor chairs. Rear seating for driving with additional passengers in the rear is also currently in development, and expected to be available for the G3 in the Fall of 2025. 'For the G3, we've combined sustainable materials with modular architecture that's built to last,' said Nick Fitzpatrick, Head of Design at Grounded. Modular Luxury Meets Customization Using Grounded's new Configurator Tool, G3's can be customized across three tiers: G3 Form ($165K): A sleek, minimalist build with a queen bed and essential furnishings G3 Function ($180K): Adds expanded kitchen, lounge, and power for extended trips G3 Freedom ($200K): Fully loaded with max battery, Starlink, lift bed, bathroom, and bespoke finishes Built on BrightDrop for Performance and Safety Available on the Zevo 400 or Zevo 600 platform (now under Chevrolet), the G3 includes all-wheel drive, 11,000 lb GVWR, and industry-leading safety features like Enhanced Automatic Emergency Braking, Forward Collision Alert, and more. Grounded has recently expanded its builds to support commercial applications across mobile health, food and beverage, pet, trades, and office verticals. About Grounded Founded by ex-SpaceX engineers, Grounded is redefining electric travel through smart, sustainable RVs. With modular interiors, off-grid connectivity, and mission-critical design, Grounded empowers people to live, work, and explore anywhere — without harming the planet. About Michigan Central Michigan Centra l is a 30-acre technology and cultural hub in Detroit, where leaders, thinkers, communities, and creators come together to accelerate bold ideas and technologies that shape our collective future. By providing access to world-class infrastructure, tools, and resources, Michigan Central inspires innovators and community members to collaborate on real, ground-breaking solutions to global problems. Since opening in April 2023, Michigan Central has grown into a diverse ecosystem of nearly 250 companies and startups working at the intersection of mobility, technology, and society. Learn more at Michigan Central. Social Grounded @groundedrvs
