supply_chain

IPA Terminal Sellers File Arbitration Against LOGISTEC Over Deal Collapse

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IPA Terminal Sellers File Arbitration Against LOGISTEC Over Deal Collapse

ALTAMIRA, MEXICO -- August 31, 2026 -- Christian Hess Ratz, Jurgen Hess Ratz and Steel Connect, B.V. have launched an American Arbitration Association (AAA) proceeding against LOGISTEC Marine Services ULC and LOGISTEC Stevedoring Canada Inc., seeking to force completion of a stalled acquisition of IPA Steel Terminal in Altamira, Mexico.

LOGISTEC announced the $100%-stake acquisition of IPA Terminal in February 2026

On February 17, 2026, Canadian marine logistics operator LOGISTEC announced a definitive agreement to acquire 100% of IPA Terminal, a breakbulk and steel-handling facility at the Port of Altamira. Mexican and Canadian officials publicly praised the deal as a boost to bilateral trade ties. The transaction followed a full due-diligence review in which sellers disclosed complete operational, financial and cargo-origin records to LOGISTEC.

Prasco Buys 130,000-Sq-Ft Carey, Ohio Facility to Expand Drug Distribution

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Prasco Buys 130,000-Sq-Ft Carey, Ohio Facility to Expand Drug Distribution

MASON, Ohio -- September 01, 2026 -- Prasco, LLC has acquired a 130,000-plus square foot distribution facility in Carey, Ohio, expanding the pharmaceutical commercialization company's automation, cold-chain and secure storage capacity beyond its existing Mason, Ohio operations. The deal, announced Aug. 31, 2026, adds a second Ohio campus for the company, which works with more than 65 brand partners and supplies medications to over 70,000 pharmacies nationwide. Prasco specializes in Authorized Generics and end-to-end commercialization services for global drug brands.

The Carey site sits inside what Prasco describes as the Midwest pharmaceutical and logistics corridor, giving the company direct highway access to CDMOs, national distribution centers and major health systems. Prasco said the location strengthens its footprint in Ohio, a state it identified as one of the most active life sciences markets in the country.

Corvex to Boost AI Data Center Capacity 5x on $33M Raise

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Corvex to Boost AI Data Center Capacity 5x on $33M Raise

ARLINGTON, VA. -- September 01, 2026 -- Corvex, Inc. (Nasdaq: MOVE) said it will lift critical IT power capacity fivefold, from roughly 1.5 megawatts to approximately 8 megawatts by year-end 2026, backed by a $33 million private placement led by Goldman Sachs & Co. LLC, Morgan Stanley and Oppenheimer & Co. The Arlington, Virginia-based AI infrastructure provider is doubling its existing Mid-Atlantic data center and standing up a second facility in the Midwest, with both sites expected ready for service in the fourth quarter of 2026. A right of first refusal on 12.5 additional megawatts at the Midwest site could push total capacity past 20 megawatts, a 13-fold jump from current levels.

TCL CSOT Debuts IJP OLED Lineup, Cites $156 Billion Display Market by 2030

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TCL CSOT Debuts IJP OLED Lineup, Cites $156 Billion Display Market by 2030

Shanghai -- September 01, 2026 -- TCL CSOT opened its exhibition at the Display Innovation China Expo 2026 in Shanghai on Aug. 31, presenting a lineup of OLED, Micro LED and automotive display technologies. The company said its inkjet-printed (IJP) OLED technology has already reached mass production in the professional display sector and is now being validated with device brands for consumer laptops and monitors. Executives cited industry data projecting the global display market to grow from $123 billion in 2022 to $156 billion by 2030.

YFORE Opens Georgia Plant, Launches Anti-Pinch Sensors for US OEMs

SUWANEE, Georgia -- September 01, 2026 -- Tier-1 automotive supplier YFORE Technology has officially opened its manufacturing plant in Suwanee, Georgia, to produce anti-pinch sensor systems for North American automakers. The facility allows YFORE to supply automotive-grade closing sensor systems directly to regional OEMs under nearshore manufacturing, meeting local safety standards. The company said the sensors are already market-proven and now enter serial production at the new site.

SuperX Lands 128-Unit B300 Server Order From Australia's Ezisight

SHERIDAN, WYOMING -- August 28, 2026 -- SuperX AI Technology Limited (NASDAQ: SUPX) said its subsidiary SuperX Microinference Pte Ltd signed a long-term equipment and services supply agreement with Australian compute provider Ezisight Australia Pty Ltd., trading as Ultimate AI Datacentre, and received an initial purchase order for 128 units of B300 AI server clusters. The Singapore-based company will deliver the servers in the fourth quarter of 2026 for deployment in Ezisight's Australian data centers. The order marks SuperX's first commercial entry into the Australian market.

Ezisight Deploys Servers For Local AI Training And Inference

Ezisight will install the 128 B300 units to expand its domestic GPU compute pool, supporting local large-model training and inference workloads. SuperX Microinference will handle supply chain coordination and delivery under the agreement.

SuperX did not disclose the order's dollar value.