Tag: PR Newswire

Compass, developed in-house by Rogers-O’Brien Construction, is a secure AI platform that saves RO employees up to 50 minutes on difficult tasks by transforming access to construction and company knowledge.

DALLAS, Oct. 13, 2025 /PRNewswire/ — Rogers-O’Brien Construction (RO), launched its proprietary AI assistant, Compass, to revolutionize how its 650+ employees access critical project information and company knowledge across the state. The secure platform connects more than 7,000 project records, staffing assignments, and internal systems, saving employees up to 50 minutes on difficult tasks by turning information into instant, actionable insights.

“When we surveyed the tools on the market, it became clear that none of them truly understood our business,” said Todd Wynne, Chief Innovation Officer at Rogers-O’Brien Construction. “Generic chatbots don’t know how RO builds. They don’t understand our workflows, and they certainly don’t meet our security standards.”

What sets Compass apart from other AI solutions is its construction-specific design and enterprise-grade security. Compass integrates with company systems like Bridgit Bench, Procore, RO’s Playbook, Employee Directory, and data lake within RO’s protected environment to provide real-time access to staffing details, resources, and user-specific information while meeting strict enterprise compliance standards. As one of the first secure, enterprise-grade AI platforms in construction, Compass combines large language models with live RO data to create an assistant fluent in company terminology, systems, and structures. Built in-house, it delivers fast, accurate answers and gives project teams more time to focus on the build.

“Rather than adopting an off-the-shelf solution and hoping it would fit, we chose to design and build technology tailored specifically to our business,” said President and CEO Justin McAfee. “Compass reflects our commitment to leading innovation in construction and ensuring our teams have precisely the tools they need to deliver exceptional results for our clients.”? 

Compass joins RO’s comprehensive technology toolkit, which includes advanced reality capture technology, digital twins, and automated monitoring systems. 

Looking ahead, RO plans to expand Compass’s capabilities with additional integrations while the company’s Research & Development team continues to refine the platform based on user feedback and emerging AI capabilities. 

About Rogers-O’Brien Construction

Founded in 1969, Rogers-O’Brien Construction (RO) has over 50 years of experience in making clients successful. With headquarters in Dallas, Texas, and offices in Austin, Houston, Waco, and San Antonio, RO is a leading general contractor in Texas. Our expertise spans a wide range of industries and market sectors, including corporate office buildings, hospitals and healthcare facilities, multifamily housing, public infrastructure, worship centers, senior living communities, mission-critical data centers, higher education institutions, K-12 schools, industrial projects, advanced manufacturing, science and technology labs, hospitality venues, retail spaces, and both renovations and new construction projects.

For more information, please visit r-o.com. 

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SOURCE Rogers-O’Brien Construction Co

NASSAU, The Bahamas, Oct. 13, 2025 /PRNewswire/ — The Office of the Prime Minister last week announced that The Bahamas achieved a significant fiscal milestone, recording a 0.5% fiscal deficit for the budget year ending June 30, 2025. This result falls squarely within the government’s target range of 0.3% to 0.7% and marks a dramatic improvement from the 13.7% deficit in 2021. These official numbers have been confirmed by the Ministry of Finance.

Prime Minister Philip Davis KC, MP, described the achievement as a clear signal to international partners, investors, and the global community that The Bahamas is on a path of sustained economic stability and responsible governance.

“Four years ago, The Bahamas faced one of the most challenging fiscal periods in its modern history. Today, we stand on solid ground. The disciplined choices we made to protect our economy are still delivering results – not only for Bahamians, but for those we invest, trade, and collaborate with,” said Prime Minister Davis.

The Prime Minister emphasized that fiscal progress translates into tangible benefits for citizens and creates a more attractive environment for international engagement.

“Every dollar we save on debt strengthens our capacity to invest in infrastructure, education, healthcare, and renewable energy. These are all areas that matter to our people and our global partners who are looking for sustainability, stability, and growth,” he noted.

The Bahamas’ improved fiscal position comes alongside a broader national strategy, and one that is focused on resilience and sustainable development. This illustrates how The Bahamas plans to partner with its international counterparts, as the same fiscal policy that drives commitment to creating opportunities for Bahamians also permeates out to the international landscape.

This fiscal discipline has earned international validation, with S&P Global Ratings recently upgrading The Bahamas’ sovereign credit rating to ‘BB-‘ from ‘B+’, citing ‘strengthened economic performance’ and ‘sound fiscal management.’ The agency projects that debt will fall to 66.3% of GDP by the end of 2025, down from 77.8% in 2020, and noted that ‘refinancing risks have abated, given the government’s commitment to fiscal discipline.’

Prime Minister Davis said that for partners in the United States, United Kingdom, and beyond, this progress means greater confidence in The Bahamas as a secure destination for investment, a dependable ally in trade, and a committed participant in global economic and environmental initiatives.

With its strategic location, strong tourism sector, and growing financial services industry, The Bahamas continues to position itself as a reliable international partner, specifically for the US, UK, and other international markets seeking opportunities in the Caribbean.

“This is what responsible leadership looks like. It is steady progress that improves lives, strengthens our economy, and builds confidence among our partners worldwide. We are building a better future, one decision at a time, and we’re doing it together,” concluded Prime Minister Davis.

This material is being distributed by The Burson Group LLC on behalf of The Bahamas, Ministry of Economic Affairs. Additional information is available at the Department of Justice, Washington, DC.

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SOURCE The Bahamas, Ministry of Economic Affairs

SUPERIOR, Ariz., Oct. 13, 2025 /PRNewswire/ — Rio Tinto, the majority owner of Resolution Copper, has donated $1 million to support flood relief efforts in the City of Globe and Town of Miami, following devastating flash floods in late September and additional flooding that occurred this past weekend, causing widespread damage to local communities and businesses.

The donation to the United Fund of Globe-Miami, Arizona, will help provide emergency cleaning supplies, support flood mitigation planning within the region, and assist with long-term recovery for families and businesses impacted by the flooding.

For residents, the funding will support temporary shelter, home repairs, and utility assistance. For businesses, it will help cover equipment and construction costs.

Resolution Copper General Manager Vicky Peacey said, “Our thoughts are with our friends and neighbors in Globe and Miami who these devastating floods have impacted. The road to recovery will be long, and we’re committed to standing alongside the community every step of the way.”

Immediately after the flooding, Resolution Copper actively contributed to emergency response efforts with funds, employee volunteers, and by enlisting the aid of third-party help to assist our neighbors in need. The company mobilized local contractors, Oddonetto Construction and 4-Winds Contracting, for immediate street and road cleanup. It also donated cleaning supplies, fans, and shovels to help local businesses begin recovery.

Many Resolution Copper employees live in the affected areas and have personally volunteered their time to support neighbors, local businesses, and nonprofit organizations impacted by the floods. This includes participating in a community cleanup at Boyce Thompson Arboretum in Superior, where we partnered with Superior Environmental, who generously donated time and equipment to help clear debris from bridges and drains. Resolution Copper continues to work closely with local officials to assess and respond to evolving community needs.

About Resolution Copper

Resolution Copper is Arizona Copper. The Resolution Copper Project is operated by Resolution Copper Mining, a limited liability company owned 55 percent by Resolution Copper Company (a Rio Tinto PLC subsidiary) and 45 percent by BHP Copper Inc. (a BHP PLC subsidiary). Learn more at resolutioncopper.com.

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SOURCE Resolution Copper

• Siemens launches new SIRIUS 3RQ4 coupling relay with three versatile variants for a wide range of industrial requirements
• Ideal for use in combination with Siemens controllers
• Bio-based, halogen-free, flame-retardant Akulon^® K225-KS B-MB plastic from Envalior offers high heat and excellent chemical resistance

DÜSSELDORF, Germany, Oct. 13, 2025 /PRNewswire/ — Siemens Smart Infrastructure has launched a new series of coupling relays, with housing made from plastic that consists of 70 percent bio-based material – derived from biomass waste. The Akulon® K225-KS B-MB plastic was developed by Envalior, a world leader in a wide range of industries by designing and developing high-quality sustainable solutions, in collaboration with Siemens to ensure all the desired properties are met. The plastic’s raw material comes from used cooking oil (UCO), left over after frying in the food industry, restaurants, snack bars and households. As UCO is no longer suitable for human or animal consumption, it does not compete with food or animal feed production. While UCO is mainly used for biodiesel, Envalior uses it for the production of engineering plastics based on a mass balance concept, avoiding incineration. Envalior is a global supplier of high-performance engineering materials.

“Collaborating with Envalior to create this bio-based plastic is an important step towards advancing the use of more sustainable materials in our electrical products. We are pleased to work with Envalior as another strong partner on our journey towards a more environmentally friendly portfolio,” says Andreas Matthé, CEO of Electrical Products at Siemens Smart Infrastructure.

The new SIRIUS 3RQ4 coupling relay comes in three versatile variants for a wide range of industrial requirements. 

The first variant with integral relay output is specially designed for harsh environmental conditions, as well as for areas with specific safety requirements. These relays have safety-ready characteristic values (B10d values) and are also approved for use in potentially explosive atmospheres (ATEX-certified). This variant is optionally available with gold-plated contact elements for switching very low currents, or with printed circuit boards with a protective coating, which are suited for railway applications. 

As a second variant, plug-in coupling relays are available for applications that require quick relay replacement during operation. They are also available as an option with gold-plated contacts. 

For applications requiring very fast, soundless and frequent switching, Siemens offers a third variant with semiconductor output. As it has a virtually infinite service life, it is used where replacing conventional relays can be expensive and time-consuming. Siemens has been able to increase the switching capacity of these semiconductor variants to up to 6A, enabling them to match the performance of conventional elementary relays. 

The SIRIUS 3RQ4 coupling relays are designed for more sustainability throughout their entire lifecycle, from development to the end of service life and meet the strict criteria of the Siemens EcoTech label. This includes 33 percent lower energy losses in the semiconductor variant compared to previous versions as well as eliminating problematic materials such as halogens or PFAS.

In addition, the product can be easily dismantled and recycled at the end of its life. Envalior’s Akulon® K225-KS B-MB, a bio-based, halogen-free, flame-retardant polyamide 6 grade plastic for injection molding, is the ideal choice for these coupling relays. This more sustainable material is characterized by a significantly improved environmental profile, high heat resistance, and excellent chemical resistance and is used in many electrical engineering and power distribution applications.

“At Envalior, we are proud to have partnered with Siemens in the development of the SIRIUS 3RQ4 coupling relay series. A key success factor in this project was achieving excellent flow behavior in thin-wall designs and a UL94 V-0 rating at just 0.4 mm thickness, while simultaneously achieving an outstanding green share from bio-waste sources but at prime quality,” says Dr. Marc Rudolf, Global Key Account Manager, Envalior.

The new SIRIUS 3RQ4 coupling relays have a space-saving slim-line design for optimized use in control cabinets. They have been designed and intensively tested for use in combination with Siemens controllers. Their fully automated production at the Siemens plant in Amberg shortens the supply chain in the German and European markets. The coupling relays are shipped in more sustainable cardboard boxes in standard multi-piece packaging. The operating instructions and all relevant information can be accessed electronically from an ID link on the device. 

In addition to the manufacture of bio-based products, Envalior also focuses on renewable energies. In 2024, Envalior covered over 50 percent of its global electricity needs with renewable energies. By 2030, Envalior aims to reduce emissions by another 35 percent. This will be achieved through a variety of measures, including expanding renewable energies to 100 percent by 2030, implementing local emission reduction initiatives, and switching to climate-friendly heat sources. Envalior invests in renewable energies close to its production sites around the world. 

Visit Envalior for more information at K 2025 (Hall 6, Stand B11, October 8-15, 2025, Messe Düsseldorf, Germany) or at https://www.envalior.com/en-us/products.

For more information on Siemens Smart Infrastructure, please see Siemens Smart Infrastructure.

About Envalior


Envalior is a global leader in Engineering Materials with over 4,000 employees worldwide. It was established in 2023 through the merger of Lanxess Performance Materials and DSM Engineering Materials. With a long track record of customer-driven innovation, Envalior specializes in developing Sustainable and High-Performance Engineering Materials, including PA6, PA66, PBT, PA46, PPS, TPC, PET, PA4T, PA410, and Thermoplastic Composites. Focus markets include Mobility, Electronics & Electrical, and Consumer Goods. For more information, visit 

www.envalior.com

.

About Siemens


Siemens Smart Infrastructure (SI) is shaping the market for intelligent, adaptive infrastructure for today and the future. It addresses the pressing challenges of urbanization and climate change by connecting energy systems, buildings, and industries. SI provides customers with a comprehensive end-to-end portfolio from a single source – with products, systems, solutions, and services from the point of power generation all the way to consumption. With an increasingly digitalized ecosystem, it helps customers thrive and communities progress while contributing toward protecting the planet. To protect this journey, we foster holistic cybersecurity to ensure secure and reliable operations. Siemens Smart Infrastructure has its global headquarters in Zug, Switzerland. As of September 30, 2024, the business had around 78,500 employees worldwide.

Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2024, which ended on September 30, 2024, the Siemens Group generated revenue of €75.9 billion and net income of €9.0 billion. As of September 30, 2024, the company employed around 312,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at

www.siemens.com

.

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SOURCE Envalior B.V.

MIAMI, Oct. 13, 2025 /PRNewswire/ — ENERGY33, a leading energy project developer and engineering firm focused on Latin America, is proud to announce the successful completion of its second engineering and construction management contract for a 27MW STX cogeneration power plant in Honduras. The project was executed in partnership with PARK ENERGY, the primary energy provider of the Green Valley Industrial Park in Santa Barbara, Honduras.

This milestone follows ENERGY33’s previous achievement in November 2022, when it delivered an 8.5MW power plant utilizing Hyundai medium speed generators. Together, these projects enhance the industrial park’s energy capacity, supporting a diverse mix of multinational clients across textiles, automotive, apparel, and light manufacturing sectors.

The 27MW STX cogeneration plant, together with the existing 14.9MW cogeneration facility designed and built by ENERGY33’s founders in 2006 as well as the 8.5MW Hyundai power plant delivered in 2022, now operate seamlessly in parallel. This integrated system ensures a reliable, efficient, and cost-effective power supply for Green Valley Industrial Park.

ENERGY33 managed the full scope of the projects—from conceptual, basic, to detailed engineering—and oversaw the integration and coordination of civil, mechanical, and electrical contractors. Its mission: to deliver robust, scalable power solutions that meet the dynamic needs of the park’s tenants.

Gustavo Raudales, General Manager of PARK ENERGY’s parent company, stated, “Thanks to ENERGY33’s expert management, both projects were completed on time and within budget. Their dependable partnership is crucial as we continue expanding our energy portfolio.”

Jose Benitez, EVP of Engineering at ENERGY33, added, “It is a privilege to support PARK ENERGY and Green Valley Industrial Park in delivering dependable, cost-efficient electricity to its diverse client base—helping maintain Honduras’s position as a modern manufacturing hub.”

About ENERGY33:

ENERGY33 specializes in developing innovative energy solutions across Latin America, focusing on co-generation, biomass, natural gas, and other clean energy sources. The company provides comprehensive engineering and project management services, leveraging cutting-edge technology and industry expertise to advance sustainable energy projects. For more information, please visit https://energy33.com.

About PARK ENERGY:

A subsidiary of Grupo Karim, PARK ENERGY is the utility provider for Green Valley Industrial Park—one of Central America’s most modern free-zone industrial developments. The park offers reliable, competitively priced energy, transportation, and logistics services designed to support efficient manufacturing and supply chain operations.

Contact:

info@energy33.com

Photos:
https://www.prlog.org/13104726

Press release distributed by PRLog

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SOURCE ENERGY33 LLC

PARIS LA DÉFENSE, France, Oct. 13, 2025 /PRNewswire/ — Nexans announces that its Board of Directors has resolved to appoint Julien Hueber as the new Chief Executive Officer and to part ways with Christopher Guérin. These decisions will take effect immediately; Christopher will be available to Julien until October 31^st, 2025.

The Board of Directors wishes to create a new momentum to further optimize performance while executing the roadmap which was presented during the last Capital Market Day. The Appointments & Corporate Governance Committee has conducted a comprehensive process to propose a successor for the role of Chief Executive Officer, in line with its established succession plan approach and with the support of a leading executive search firm.

Julien Hueber, Executive Managing Director of Power Grid & Connect Europe, oversees a €2.6 billion business spanning 23 manufacturing plants. A member of Nexans’ Executive Committee since 2018, he joined the company in 2002. Julien brings extensive expertise in supply chain and procurement, as well as deep regional knowledge of Asia-Pacific, particularly China and South Korea, where he spent several years leading operations. He later headed Nexans’ global “Industrial Cables – Industry Solutions & Projects” business.

Jean Mouton, Chairman of the Board of Directors, stated: “Over the past 23 years, Julien has demonstrated exceptional leadership and a profound understanding of Nexans’ business, operating model, and culture. He combines a strategic vision for future technologies with a strong record of operational excellence, as evidenced by the remarkable acceleration of the PWR Grid & Connect Europe segment under his leadership. I have complete confidence in his ability to lead Nexans in this new phase of focused acceleration, in line with the goals announced during the last Capital Markets Day.”

The Board concluded that Julien Hueber’s extensive experience, proven leadership, and deep understanding of Nexans made him the ideal choice to lead the Company. His strong track record in shaping vision, defining strategy, and driving successful execution further reinforced this decision. The Board of Directors unanimously and enthusiastically endorsed his appointment.

The Board would like to express its deep gratitude to Christopher Guérin for his exceptional contribution to Nexans during his seven years as Chief Executive Officer. Beyond the strong financial results, Christopher has profoundly transformed Nexans into a focused leader in sustainable electrification, giving meaning and direction to its mission. He has brought innovation, responsibility, and simplicity to the heart of the company, while restoring confidence across teams worldwide. His leadership and passion have left a lasting mark on the Group and its people.

Jean Mouton, Chairman of the Board of Directors, said: “I would like to warmly thank Christopher for his remarkable commitment and his essential contribution to the transformation of Nexans. He has restored a sentiment of pride to be part of the Nexans family. We wish him every success in his future endeavours.”

About Nexans

Nexans is the global pure player in sustainable electrification, building the essential systems that power the world’s transition to a connected, resilient, and low-carbon future. From offshore and onshore renewable energies to smart cities and homes, Nexans designs and delivers advanced cable solutions, accessories and services that electrify progress safely, efficiently, and sustainably.

With over 140 years of history, through three core businesses: PWR Transmission, PWR Grid, and PWR Connect, Nexans blends deep industry expertise with cutting-edge innovation to accelerate the energy transition and better meet its customers’ needs. Its unique E3 model, focused on Environment, Economy and Engagement, drives every action, aligning performance with purpose.

Nexans operates in 41 countries with 28,500 people and generated €7.1 billion in standard sales in 2024. As recognized climate action leader, Nexans is committed to Net-Zero emissions by 2050 aligned with the Science Based Targets initiative (SBTi) and expanding energy access through the Foundation Nexans.

Nexans is listed on Euronext Paris, Compartment A.
www.nexans.com | #ElectrifyTheFuture

 

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SOURCE Nexans

IRVINE, Calif., Oct. 13, 2025 /PRNewswire/ — In the global race toward sustainability, few companies have approached the challenge quite like VinFast, the Vietnamese electric vehicle manufacturer that’s been quietly reshaping how a modern automaker can be built, literally, from the ground up.

Backed by its parent group, Vingroup, one of Southeast Asia’s largest private enterprises, VinFast is not simply focused on car production. Instead, the company is taking a long-term, systemic approach to green mobility, building what it calls a fully integrated industrial ecosystem, one that connects materials, energy, mobility, and digital services under a single, sustainable framework.

Green Steel: The Strategic Backbone of Self-Reliance

The latest step to solidify that ecosystem is VinMetal, a new high-tech steel manufacturer announced recently. With an initial annual capacity of five million tons, VinMetal is designed to produce green steel that will directly supply VinFast’s electric vehicle assembly lines.

At first glance, a steel plant may not sound revolutionary. But for Vingroup, it is a strategic move to strengthen the backbone of its industrial operations. Green steel production will not only reduce dependency on global supply chains but also lower carbon emissions, two critical challenges facing EV manufacturers worldwide.

Nguyễn Việt Quang, Vice Chairman and CEO of Vingroup and concurrently CEO of VinMetal, stated: “VinMetal is not just a steel plant. It represents a strategic preparation for a modern, green, and sustainable infrastructure future for Vietnam. At Vingroup, we believe that proactively developing foundational industries will help our country enter a new growth era, where Vietnamese people master technology, materials, and the execution of national-scale projects.”

The pursuit of vertical integration, from the foundational steel to the sophisticated software, marks a distinct departure from the lean manufacturing model favored by most established automakers and even many emerging competitors.

Of course, this also speaks to something greater, VinFast is backed by the comprehensive and steadfast support of Vingroup, a corporation defined by its bold vision and mission.

For VinFast, controlling the supply chain means controlling quality, cost, and ultimately, the pace of innovation. This bold strategy for production self-sufficiency is not an academic exercise. It is the direct prerequisite for the automaker to confidently launch its products into challenging international markets, especially the United States, where quality resilience and cost transparency are non-negotiable.

VinFast’s Strategy for the U.S. Market

In the United States, VinFast’s lineup centers around two key SUV models: the elegantly designed VF 8 and the spacious, three-row VF 9. Both are engineered to meet the evolving needs of modern American consumers, where a blend of practicality, advanced technology, and a focus on safety is paramount.

The VF 8, a five-passenger mid-size SUV, is positioned as a versatile vehicle for daily commutes and weekend getaways. Meanwhile, the VF 9 tackles the demands of larger families or long-distance travelers, focusing on generous space and premium comfort features to make electric driving effortless and enjoyable.

VinFast’s strategy for the U.S. market is built around a clear mission: to make premium electric mobility more accessible. The company is attempting to erode the traditional barrier of high upfront costs by offering inclusive pricing, flexible financing, and attractive lease programs.

For example, VF 8 lease programs start as low as $279 per month under certain promotional offers, with qualified customers potentially enjoying 0% APR financing options.

Crucially, VinFast’s commitment to quality is underscored by its warranty policy: 10 years or 125,000 miles for the vehicle, and an industry-leading 10-year unlimited-mileage warranty for the battery. Amid market anxiety over battery durability, this commitment sends a strong, confident message about the company’s engineering quality.

Digital Connection and Confidence on Every Journey

Understanding that range anxiety remains a key consideration for many first-time EV owners, VinFast has prioritized convenience and connectivity. VinFast vehicles are fully compatible with America’s rapidly growing public charging infrastructure.

Through the VinFast app, owners can easily locate nearby chargers, monitor charging progress, and plan efficient routes, all from their smartphones. This seamless digital experience reflects the company’s broader philosophy: ensuring that the transition to sustainable mobility is as effortless and reassuring as possible.

Moreover, recognizing the effectiveness of its dealer-based sales strategy, VinFast has accelerated the expansion of its dealership network across the United States. Each partner is carefully selected for proven capability, industry experience, strong reputation, and deep local insight. This approach enables VinFast to deliver high-quality products and exceptional service to a broader customer base, while ensuring sustainable, well-optimized growth and strengthening the brand’s presence nationwide.

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SOURCE Vinfast Auto LLC

NORWALK, Conn., Oct. 13, 2025 /PRNewswire/ — Barron Venture Partners, a new venture capital firm led by Andrew Worden, has officially launched its inaugural fund, aiming to support visionary entrepreneurs turning disruptive ideas into transformative businesses.

“At Barron Venture Partners, we don’t just invest – we partner with bold founders. We roll up our sleeves to help founders with hiring, product strategy, go-to-market plans, and capital decisions,” said Andrew Worden, Founder Partner.

The firm focuses on early-stage companies developing transformative technologies shaping the future. While investing across North America, the UK, and Europe, Barron Venture Partners brings a global perspective to every opportunity.

Industries of interest include, but are not limited to, space technology, robotics, quantum computing, AI/ML, energy, semiconductors, advanced manufacturing, developer tools and infrastructure, and cryptography.

About Barron Venture Partners

Barron Venture Partners supports resilient founders to build the next generation of transformative technology companies, combining hands-on experience with patient, long-term capital.

Contact
Barron Venture Partners LLC
info@barronventurepartners.com

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SOURCE Barron Venture Partners

PITTSBURGH, Oct. 13, 2025 /PRNewswire/ — PANTHERx^® Rare has been chosen by Chiesi as the exclusive specialty pharmacy to distribute MYCAPSSA^® (octreotide). The partnership aims to improve patient access and support for individuals living with acromegaly.

MYCAPSSA^® is an oral somatostatin analog (SSA) indicated for the long-term maintenance treatment of acromegaly patients who have responded to and tolerated treatment with octreotide or lanreotide.¹ SSAs work by decreasing growth hormone production associated with acromegaly.^1,2

Acromegaly is a rare condition that occurs from the overproduction of growth hormone by the pituitary gland, most commonly caused by a benign tumor on the gland called a pituitary adenoma. Symptoms of acromegaly can vary and include enlarged hands, feet, and facial features, thickened and oily skin, increased sweating, deeper voice, headaches, and joint aches.² Complications of acromegaly can include type 2 diabetes, high blood pressure, heart disease, sleep apnea, arthritis, and other conditions affecting the bones and muscles.² Treatment options may include surgery to remove the pituitary tumor, medications, and radiation therapy.²

“We are pleased to partner with Chiesi to distribute MYCAPSSA^® and support people living with acromegaly,” said Bansi Nagji, CEO, PANTHERx Rare. “At PANTHERx, our mission is clear: to stand with individuals and families affected by rare diseases. Those in the acromegaly community often face access challenges and limited treatment options, and it is our responsibility—and our privilege—to provide the right treatment, tools, and personalized support they deserve.”

About PANTHERx Rare

PANTHERx Rare is a specialty pharmacy exclusively focused on rare and orphan diseases, distributing several orphan products and providing access and support services to those needing them most. Known as The Rare Disease Pharmacy^®, PANTHERx transforms lives by delivering medicine breakthroughs, clinical excellence, and access solutions to people living with rare and devastating conditions.

PANTHERx is a dual-accredited specialty pharmacy, with notable distinctions in rare diseases, including the Accreditation Commission for Health Care (ACHC) Distinction in Orphan Drugs and Utilization Review Accreditation Commission (URAC) Rare Disease Center of Excellence. As a pharmacy focused on patient satisfaction, PANTHERx is the eight-time winner of the prestigious MMIT Patient Choice Award, including the 2025 honor. PANTHERx is headquartered in Pittsburgh, Pennsylvania and is licensed in all 50 states and U.S. territories.

For more information, please email TheRareSP@pantherxrare.com or visit www.pantherxrare.com.

About Chiesi Global Rare Diseases

Chiesi Global Rare Diseases is a business unit of the Chiesi Group established to deliver innovative therapies and solutions for people affected by rare diseases. As a family business, Chiesi Group strives to create a world where it is common to have a therapy for all diseases and acts as a force for good, for society and the planet. The goal of the Global Rare Diseases unit is to ensure equal access so as many people as possible can experience their most fulfilling life. The unit collaborates with the rare disease community around the globe to bring voice to underserved people in the health care system.

IMPORTANT SAFETY INFORMATION

INDICATION AND USAGE: MYCAPSSA (octreotide) delayed-release capsules, for oral use, is a somatostatin analog indicated for long-term maintenance treatment in acromegaly patients who have responded to and tolerated treatment with octreotide or lanreotide.

CONTRAINDICATIONS: Hypersensitivity to octreotide or any of the components of MYCAPSSA. Anaphylactoid reactions, including anaphylactic shock, have been reported in patients receiving octreotide.

WARNINGS AND PRECAUTIONS: Can cause problems with the gallbladder. Monitor patients periodically. Discontinue if complications of cholelithiasis are suspected. Blood sugar, thyroid levels, and vitamin B12 levels should be monitored and treated accordingly. Bradycardia, arrhythmia, or conduction abnormalities may occur. Treatment with drugs that have bradycardia effects may need to be adjusted. New onset of steatorrhea, stool discoloration, loose stools, abdominal bloating, and weight loss may occur with MYCAPSSA and other somatostatin analogs. If new occurrence or worsening of these symptoms are reported, evaluate for potential pancreatic exocrine insufficiency and manage accordingly.

ADVERSE REACTIONS: The most common adverse reactions (incidence >10%) are nausea, diarrhea, headache, arthralgia, asthenia, hyperhidrosis, peripheral swelling, blood glucose increased, vomiting, abdominal discomfort, dyspepsia, sinusitis, and osteoarthritis.

For additional Important Safety Information, please see the MYCAPSSA^® full Prescribing Information at

MYCAPSSA.com
.

1. MYCAPSSA. Package Insert. Chiesi USA. 2024.
2. Acromegaly | NIDDK. National Institute of Diabetes and Digestive and Kidney Diseases. Accessed May 15, 2025. https://www.niddk.nih.gov/health-information/endocrine-diseases/acromegaly#who

©2025 Chiesi USA. MYCAPSSA^® is a registered trademark owned by the Chiesi Group.
Chiesi Total Care^SM is a service mark of CHIESI FARMACEUTICI S.p.A.
All rights reserved. PP-RA-01192 V1.0 09/2025

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SOURCE PANTHERx Rare Pharmacy

CARROLLTON, Ga., Oct. 13, 2025 /PRNewswire/ — This year marks a milestone for Southwire — our 75^th anniversary. From Roy Richards, Sr.’s entrepreneurial vision to bring electric light to rural Georgia to a company that now stands strong with a legacy of excellence, the heart of our story remains the same: passion, innovation, integrity and a belief in doing things right.

While much has changed over the past 75 years, Southwire’s commitment to inclusion has remained unwavering.

We’re proud to launch our third annual Inclusion Report, showcasing our ongoing commitment to building a more inclusive organization and industry, shown through our key areas of focus on People Leaders, Inclusive Workforce, Employee Resource Groups, Reputation and Community, Equity and Governance and Value and Supply Chain.

From donating $1 million to inclusion-focused initiatives, to being named to Ethisphere’s World’s Most Ethical Companies^® list, Southwire continues to operate responsibly and sustainably.

Our strong commitments to our communities, responsible and ethical sourcing and efforts to be an Extraordinary Place to Work for All ensures that we are focused on doing well, by doing good.

As we look to the next chapter, we remain wired for inclusion, wired for innovation and wired for progress. Together, we will continue building worth for our customers, communities and each other for generations to come.

To learn more about our progress and the people and programs driving inclusion at Southwire, we invite you to read the full Inclusion Report. It offers a deeper look at our commitments, achievements and continued journey.

For more Southwire news, visit www.southwire.com/newsroom.

About Southwire
Southwire Company, LLC is North America’s leading wire and cable company. The $8.4B organization is made up of more than 9,000 team members across the globe who unite as ONE Southwire each and every day to serve each other, their customers and their communities. Southwire and its subsidiaries provide solutions including building wire and cable, metal-clad cable, utility products, portable and electronic cord products and OEM wire products. In addition, Southwire offers electrical products, engineered solutions and a variety of field support services. For more on Southwire, its products and solutions, its community involvement and its vision of sustainability, visit www.southwire.com. 

© 2025 Southwire Company, LLC. All Rights Reserved.  

Contact: Ashley Bush

Director, Communications
Phone: (678) 684-7634
ashley.bush@southwire.com

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SOURCE Southwire