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Ashford Prime to Acquire The Ritz-Carlton St. Thomas for $64M

2015-11-25 19:27:31| Jewelry - Topix.net

Ashford Hospitality Prime, Inc. has entered into a definitive agreement to acquire the 180-room Ritz-Carlton St. Thomas for $64 million from Marriott International, Inc. The acquisition is expected to close in approximately 30 days, subject to customary closing conditions. The company intends to finance the property with approximately $40 million of non-recourse mortgage debt.

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Longmont-based UQM announces close of stock offering worth $6.4M

2015-11-06 01:35:58| Electronics - Topix.net

Electronic motor manufacturer UQM Technologies announced the close of a common stock offering, raising net proceeds of $5.8 million. The financing provided for the issuance and sale of 8,000,000 shares at a purchase price of $0.80 per units, for aggregate gross proceeds of $6.4 million.

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Telenor boasts 6.4m Myanmar customers

2015-05-13 02:00:00| Total Telecom industry news

Operator's network covers 50% of population; still grappling with challenges including child labour.

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Airgas announces $64M plant on Nucor property despite Q1 fears

2015-03-27 23:52:53| Steel - Topix.net

The plant, which will employ around 28 workers, will be constructed on 10-acres across from Nucor Steel-Tuscaloosa, according to a report from the Tuscaloosa News. Nucor will be a major customer for the firm, purchasing oxygen, argon and nitrogen that the plant will then produce to transport in liquid form, the report said.

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Corning Museum of Glass unveiling $64M art and design wing

2015-03-20 11:28:08| Electronics - Topix.net

The 100,000-square-foot Contemporary Art and Design Wing opens Friday after more than two years under construction in the city of Corning, near the Pennsylvania border 75 miles southeast of Rochester. The museum, which attracts about 400,000 visitors a year, has added a 500-seat hot glass demonstration theater in the property's historic Steuben Glass building.

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