Clariant AG Stock Quote

Clariant AG engages in the development, manufacture, distribution, and sale of specialty chemicals.

It operates through the following segments: Care Chemicals; Catalysis; Natural Resources; Plastics and Coatings; and Corporate.

The Care Chemicals segment comprises the industrial and consumer specialties business unit, food additives as well as the industrial biotechnology business.

The Catalysis segment develops, manufactures, and sells a catalyst product for the chemical, fuel, and automotive industries.

The Natural Resources segment comprises BUs oil and mining services and functional minerals.

The Plastics and Coatings segment includes the BUs additives, pigments, and masterbatches.

The company was founded in 1995 and is headquartered in Muttenz, Switzerland.

Clariant Specialty Chemicals

Moleculist BLOG. RedSnow – The air pollution defender against aging.

Clariant offers N₂O removal catalyst to nitric acid producers worldwide who do not use N₂O abatement.

Clariant listed in Dow Jones Sustainability Index for ninth consecutive time.

Visit us to #asktheexpert about innovations “Beyond Color” that differentiate and enhance the performance, compliance, and sustainability of paints and coatings.

How Clariant took on the challenges of the global pandemic.

Clariant employees completed over 113000 training hours in 2020.

Wikipedia

Clariant AG is a Swiss multinational speciality chemicals company, formed in 1995 as a spin-off from Sandoz.

In 2000, Clariant bought British Tar Products, in 2006 Clariant bought Ciba’s Masterbatches division, and in 2011 Clariant acquired German speciality chemical company Süd-Chemie.

In 2014, Clariant divested its leather services to Stahl Holdings and its detergents & intermediates business to Weylchem of the International Chemical Investors Group.

Clariant International Ltd partners with matchmycolor LLC, a colour know-how company and Konica Minolta Inc, a Japanese technology company to efficiently colour match the polyolefin products easier and faster.

Clariant reinvested to retain a 20% stake in the new holding company.

As of end-2015, some 1,100 of Clariant’s some 17,000 employees were engaged in R&D, mainly at the company’s 8 global R&D centers and its 50+ technical application centers.

On 14th February 2022 Clariant delayed the release of it’s 2021 Annual Report and postponed the Annual General Meeting of Shareholders, after saying the company is investigating allegations by internal whistleblowers that staff manipulated accounts to meet financial targets.

Clariant AG Receives Average Rating Of “Hold” From Analysts

Shares of Clariant AG have been given an average recommendation of “Hold” by the six ratings firms that are presently covering the firm, Marketbeat.com reports.

Five research analysts have rated the stock with a hold rating.

The average 12-month target price among brokerages that have issued a report on the stock in the last year is $21.00.

Shares of Clariant stock opened at $16.11 on Friday.

The stock’s fifty day moving average is $20.27 and its two-hundred day moving average is $20.48.

Clariant AG engages in the development, manufacture, distribution, and sale of specialty chemicals.

The Care Chemicals segment comprises the industrial and consumer specialties business unit, food additives as well as the industrial biotechnology business.

Vicki Hollub

Vicki Hollub is an American businesswoman and mineral engineer.

In 2005, Hollub became involved in leading Occidental’s expansion in the Permian Basin in West Texas and southeastern New Mexico.

From 2012 until 2013 Hollub was executive vice president of Occidental’s operations in California.

In May 2015, Occidental’s board of directors selected Hollub to succeed retiring chief executive officer Stephen Chazen, basing their decision on Hollub’s “Strong track record of successfully growing domestic oil and gas business profitably and efficiently.” During a subsequent transition period she was responsible for operations in the Middle East, Latin America and the United States.

Hollub officially became president and CEO of Occidental Petroleum in April 2016, with responsibility for operations, strategy and financial management.

In March 2020 amid a major stock market crash and an international oil crisis that saw the company’s stock price plummet dramatically, a group of activist investors led by Carl Icahn have stated their desire to replace the entire Occidental board of directors, including Hollub.

Icahn wrote an open letter stating his view that Hollub and the board bought Anadarko to save their own jobs, and failed to protect shareholders’ capital when they heavily indebted Occidental by borrowing over $40 billion in order to purchase Anadarko at a “Massive” 65% premium.

Oxy’S Hollub Says More Capital Needed To Sustain Production In 2022

Occidental Petroleum Corp. will need to spend more capital in 2022 to maintain oil production at 2021 levels, CEO Vicki Hollub said.

Oxy expects oil and gas capital expenditures to total $3.2-3.4 billion in 2022, up from $2.41 billion in 2021.

Oxy is targeting flattish oil and gas production at a range of 1.14-1.17 million boe/d in 2022 with a roughly 54.5% oil cut.

“Our 2022 capital plan invests in cash flow longevity while building on the capital intensity leadership we demonstrated in 2021,” Hollub said.

Oxy expects sustaining capital, which it defines as the capital required to sustain production in a $40/bbl West Texas Intermediate oil price environment over a multiyear period, to increase to about $3.2 billion in 2022 from $2.9 billion in 2021.

Oxy is partnering on the facility with developer 1PointFive Inc. through its Oxy Low Carbon Ventures unit.

Hollub said Oxy is “One of only a few oil and gas companies with net-zero goals that are aligned with the Paris Agreement’s 1.5-degree Celsius pathway.”

State Of Alabama Engineering Hall Of Fame

Vicki A. Hollub has blazed a trail throughout her more than 35-year career, rising to become one of the most influential women in the global oil and energy industries.

As president and chief executive officer of Occidental Petroleum Corporation, an international oil and gas exploration and production company, she is the first female CEO of a major oil company in the United States.

The company is one of the largest U.S. oil and gas companies based on equity market capitalization.

Before becoming president and CEO, Hollub served as Occidental’s president and chief operating officer, overseeing the company’s oil and gas, chemical and midstream operations.

She previously served as senior executive vice president, Occidental Petroleum Corporation, and President, Oxy Oil and Gas, where she was responsible for operations in the U.S., the Middle East region and Latin America.

Prior to that, Ms. Hollub held a variety of leadership positions, including executive vice president of Occidental; president of Oxy Oil and Gas, Americas; vice President of Occidental; and executive vice president of U.S. Operations for Oxy Oil and Gas; executive vice president of California Operations; and president and general manager of the company’s Permian Basin operations.

The National Diversity Council selected Hollub in 2015 as one of the “Top 50 Most Powerful Women in Oil and Gas,” a definitive list of female executives, influencers and achievers impacting the oil and gas industry.

Vicki Hollub Net Worth

Ms. Hollub owns over 37,460 units of worth over $12,011,529 and over the last 8 years she sold OXY stock worth over $0. In addition, she makes $15,990,900 as President, Chief Executive Officer, and Director at Occidental Petroleum.

Vicki has made over 4 trades of the Occidental Petroleum stock since 2014, according to the Form 4 filled with the SEC. Most recently she bought 37,460 units of OXY stock worth $1,803,699 on 10 June 2019.

The largest trade she’s ever made was buying 37,460 units of Occidental Petroleum stock on 10 June 2019 worth over $1,803,699.

As the President, Chief Executive Officer, and Director of Occidental Petroleum, the total compensation of Vicki Hollub at Occidental Petroleum is $15,990,900.

Over the last 19 years, insiders at Occidental Petroleum have traded over $446,294,703 worth of Occidental Petroleum stock and bought 61,696,836 units worth $3,137,968,933.

On average, Occidental Petroleum executives and independent directors trade stock every 25 days with the average trade being worth of $28,131,375.

Complete history of Ms. Hollub stock trades at Lockheed Martin and Occidental Petroleum.

10 Things You Didn’T Know About Occidental Petroleum CEO Vicki Hollub

Vicki Hollub is the current CEO and president of Occidental petroleum.

Hollub was appointed the CEO of Occidental Petroleum in April of 2016.

Vicki Hollub started her career in the petroleum industry right after college.

Her first job with Cities Service turned into a position with Occidental Petroleum Corporation and this was the only company that she worked for, but while with them she worked in diverse environments.

Hollub has had a remarkable career with Occidental Petroleum.

In 2015, Vicki was elected to become a member of Occidental Petroleum’s board of directors.

Vicki Hollub helped preserve employee jobs in rough times.

First Woman CEO Of A Major U.S. Oil Company Says UA Education And Hard Work Key To Success

In 2016, Bessemer native and University of Alabama graduate Vicki Hollub, became the first woman CEO of a major U.S. oil and gas company, Occidental Petroleum.

In 2019, Hollub mesmerized the oil industry when Occidental acquired Anadarko Petroleum Corp., making Occidental the third-largest U.S. oil company.

Hollub graduated in 1981 and was recruited by a fellow Bama alum to work for an oil company called City Service in Jackson, Mississippi.

A year later, the company was bought by Occidental Petroleum.

Before becoming president of CEO of Occidental, she held a variety of positions within the company, including roles in Russia, Venezuela and Ecuador.

In the end, Hollub’s offer was too much for the oil giant and Occidental acquired Anadarko in August 2019.

Hollub said this is the formula that forged her, and she highly recommends that all current and future UA students adhere to if they want to make the most out of their college education and career.

In March, when the American Petroleum Institute announced its support for a tax on carbon dioxide emissions, reactions ranged from outright disbelief to profound suspicion.

The API is the oil and gas industry’s top lobbying group, representing tiny wildcat drillers, giant multinationals like Chevron and Exxon, and everything in between, and it has long been famous for vehement opposition to regulations aimed at curbing climate change.

Now the API is backing market-based solutions like carbon taxes and uniform, industrywide standards for reporting emissions-with the aim of giving its members a predictable set of rules to operate under as they undergo a long-term green transition.

The API is also throwing its weight behind carbon capture and storage, a promising but nascent technology that aims to trap CO2 at its emission sources and sequester it.

It’s a transitional technology that would enable polluters to shrink their atmospheric carbon footprint as they gradually wean themselves from fossil fuels.

Many oil giants are pursuing CCS, but none has gone farther than Occidental.

Under Vicki Hollub’s leadership, Oxy has won federal subsidies for the technology, and is now building air-capture plants that Hollub says will help the company be a “Net-zero” emitter by 2040.

Overview, Reasons And Forms Of Activism

An activist shareholder is a shareholder of a Corporation.

The main goal of activist shareholders is bringing change within or for the company.

Obtaining the required shareholding can be problematic due to the high costs associated with the move or resistance of other shareholders.

The reasons for the shareholders’ activism may be financial or non-financial.

Although the management of companies generally opposes the submission of shareholder resolutions, this activism method is reasonably effective at engaging the public’s attention.

A proxy vote is a form of voting where a shareholder is not willing or is not able to attend the shareholders’ meeting and delegates their voting power to a representative.

Activist shareholders can also initiate legal action against the company’s management to reach their goals.

Shareholder Activist Definition

A shareholder activist is a person who attempts to use their rights as a shareholder of a publicly-traded corporation to bring about change within or for the corporation.

Shareholder activism is a way that shareholders can influence a corporation’s behavior by exercising their rights as partial owners.

Some of the issues addressed by shareholder activists are for social change, requiring divestment from politically sensitive parts of the world, for example, greater support of workers’ rights and/or more accountability for environmental degradation.

Over the years, shareholder activism has increased in total capital deployed as well as the number of campaigns mounted.

According to the Harvard Law School Forum on Corporate Governance, 2018 was a record year for shareholder activists.

Shareholder activists are also reaching out across borders to conduct campaigns.

Carl Icahn is one of the financial industry’s most notable activist shareholders, along with his work as a businessman, traditional investor, and philanthropist.

Shareholder Activism: Who, What, When, And How?

The purpose of this post is to provide an overview of activism along this spectrum: who the activists are, what they want, when they are likely to approach a company, the tactics most likely to be used, how different types of activism along the spectrum cumulate, and ways that companies can both prepare for and respond to each type of activism.

Evaluate the “Risk factors.” Knowing in advance how an activist might criticize a company allows a company and its board to consider whether to proactively address one or more of the risk factors, which in turn can strengthen its credibility with the company’s overall shareholder base.

Whether the company decides to make changes or not, explaining to the company’s most significant shareholders why decisions have been made will help these shareholders better understand how directors are fulfilling their oversight responsibilities, strengthening their confidence that directors are acting in investors’ best long-term interests.

Depending on the company’s shareholder profile, the company may opt to defer actual execution of this plan until some future event occurs.

In 2013, 72 of the 90 US board seats won by activists were based on voluntary agreements with the company, rather than via a shareholder vote.

Depending on how the company has responded to the activism, the significance of any changes, and the perception of the board’s independence and open-mindedness, the company may again be targeted.

Incorporating the “Prepare” analysis into the company’s ongoing processes, conducting periodic self-assessments for risk factors, and engaging in a tailored and focused shareholder engagement program can enhance the company’s resiliency, strengthening its long-term relationship with investors.

Activist Shareholder

An activist shareholder is a shareholder who uses an equity stake in a corporation to put pressure on its management.

Shareholder activism can take any of several forms: proxy battles, publicity campaigns, shareholder resolutions, litigation, and negotiations with management.

Shareholder activists are making their mark on mergers and acquisitions as well – a 2015 survey of corporate development leaders found that 60% of respondents saw shareholder activism affecting transaction activity in their industry.

The practice of shareholder activism has its roots in the 17th-century Dutch Republic, with pioneering activist shareholders like Isaac Le Maire, a sizeable shareholder of the Dutch East India Company.

These firms use proxy advisory firms such as Institutional Shareholder Services to receive recommendations on how to vote on shareholder proposals.

Shareholder activism can be categorized as “Offensive” or “Defensive”; in the latter case, an existing shareholder attempts to correct some deficiency, while offensive activists build a position with the intention to agitate for change.

The Shareholder Rights Group is a coalition of shareholder proposal advocates.

Shareholder Activism & Corporate Governance Information

Stay abreast of the latest developments in your market and garner intelligence on the hedge funds competing with you for institutional capital.

See the latest activist plays in action, benchmark your returns against your peers and source co-investment opportunities with your contemporaries.

Generate investment ideas, source prospective investors in your funds, and do so at speed, using our intuitive information modules.

Stem Cells: What They Are And What They Do

These daughter cells either become new stem cells or become specialized cells with a more specific function, such as blood cells, brain cells, heart muscle cells or bone cells.

This new technique may allow researchers to use reprogrammed cells instead of embryonic stem cells and prevent immune system rejection of the new stem cells.

Although research into adult stem cells is promising, adult stem cells may not be as versatile and durable as are embryonic stem cells.

Adult stem cells may not be able to be manipulated to produce all cell types, which limits how adult stem cells can be used to treat diseases.

These stem cells are manipulated to specialize into specific types of cells, such as heart muscle cells, blood cells or nerve cells.

Researchers have discovered ways to direct stem cells to become specific types of cells, such as directing embryonic stem cells to become heart cells.

Embryonic stem cells might also trigger an immune response in which the recipient’s body attacks the stem cells as foreign invaders, or the stem cells might simply fail to function normally, with unknown consequences.

What Is Stem Cell Therapy?

Stem cell therapy is a form of regenerative medicine designed to repair damaged cells within the body by reducing inflammation and modulating the immune system.

Stem cells can be administered in a variety of fashions; IV Stem Cell Therapy, Intrathecal, Site injections into problem areas.

The therapeutic uses of stem cells as a potential therapy for a variety of diseases has been immensely explored, the number of clinical trials conducted with Mesenchymal Stem Cells has increased exponentially over the past few years.

A stem cell can become many different cell types in the human body.

Mesenchymal stem cells are multipotent stem cells that can self-renew and differentiate into different cell types.

Umbilical cord tissue-derived mesenchymal stem cells have the ability to differentiate into different cell types and have the greatest proliferation rate of the three mentioned types of stem cells.

DVC Stem provides an expanded stem cell treatment that utilizes umbilical cord tissue-derived mesenchymal stem cells sourced from an FDA-compliant lab in the United States.

Current State Of Stem Cell-Based Therapies: An Overview

In spite of the increased amount of publications reporting successful cases of stem cell-based therapies, a major number of clinical trials have not yet acquired full regulatory approvals for validation as stem cell therapies.

Stem cell-based therapies are defined as any treatment for a disease or a medical condition that fundamentally involves the use of any type of viable human stem cells including embryonic stem cells, iPSCs and adult stem cells for autologous and allogeneic therapies.

Currently, some stem cell-based therapies utilizing adult stem cells are clinically available and mainly include bone marrow transplants of hematopoietic stem cells and skin grafts for severe burns.

Granulocyte colony-stimulating factor was administered to induce stem cell mobilization to enrich the stem cell populations.

The ability to bank autologous stem cells at their most potent state for later use is an essential adjuvant to stem cell-based therapies.

Contrary to cord blood stem cells, SHEDs have the ability to differentiate into connective tissues, neural and dental tissues Finally, the ultimate goal of stem cell banking, is to establish a repository of high-quality stem cell lines derived from many individuals for future use in therapy.

The current state of stem cell therapy for ocular disease.

FDA Warns About Stem Cell Therapies

The FDA is increasing its oversight and enforcement to protect people from dishonest and unscrupulous stem cell clinics, while continuing to encourage innovation so that the medical industry can properly harness the potential of stem cell products.

The FDA has the authority to regulate stem cell products in the United States.

The FDA has reviewed many stem cell products for use in these studies.

That said, some clinics may inappropriately advertise stem cell clinical trials without submitting an IND. Some clinics also may falsely advertise that FDA review and approval of the stem cell therapy is unnecessary.

These FDA-approved stem cell products are listed on the FDA website.

In March 2017, to further clarify the benefits and risks of stem cell therapy, the FDA published a perspective article in the New England Journal of Medicine.

The FDA will continue to help with the development and licensing of new stem cell therapies where the scientific evidence supports the product’s safety and effectiveness.

Stem Cell Therapy, Explained: Everything You Need To Know

31.Fan X, Wang JZ, Lin XM, Zhang L. Stem cell transplantation for spinal cord injury: a meta-analysis of treatment effectiveness and safety.

35.”Pau Gasol has knee procedure, to receive stem cell injections” by Eric Pincus.

37.”Cristiano Ronaldo will undergo stem cell treatment as Real Madrid star races to be fit to face Manchester City in second-leg clash” by Oliver Todd.

40.”PRP, stem cell and Warriors G Steph Curry’s quick return from knee injury” by John Canzano.

44.Cerletti M, Jang YC, Finley LW, Haigis MC, Wagers AJ. Short-term calorie restriction enhances skeletal muscle stem cell function.

47.Saki N, Jalalifar MA, Soleimani M, Hajizamani S, Rahim F. Adverse effect of high glucose concentration on stem cell therapy.

Intensive exercise increases the migratory activity of mesenchymal stem cells.

Multiple Sclerosis Centers Of Excellence

Stem cell therapy is any treatment that uses or targets stem cells, which are the types of cells that differentiate into different specialized cells in our bodies.

Many types of stem cells are being explored for their potential benefits for treating MS. Only when the results of these and future clinical trials are available will it be possible to determine what the optimal cells, delivery methods, safety, and actual effectiveness of these currently experimental therapies might be for people with MS. Although stem cell based therapy has generated a great deal of interest and holds promise, the field is in its infancy and much more research is needed before stem cell based therapies become a MS treatment option.

iPSCs are engineered adult cells that behave like embryonic stem cells.

A recent study published in June 2016 confirmed that many different types of unproven stem cell treatments are being offered in these clinics.

The paper’s findings support the need for stem cell therapy to be explored in the context of carefully conducted clinical trials that can determine the optimal types of cells used, delivery methods, dose, safety, and actual effectiveness of stem cell therapies in the setting of MS. More details about this study can be found here.

The most active areas of current research are animal studies that are exploring how to develop stem cells therapies so that this knowledge can be applied to humans when we better understand how to manipulate the stem cells to give the results that we want for MS and other diseases.

At this time, the VA MS Centers of Excellence do not recommend stem cell therapy at for-profit institutions but are eagerly anticipating the results of many clinical trials regarding stem cells across the country.

Stem Cell Transplants In Cancer Treatment

Stem cell transplants are procedures that restore blood-forming stem cells in people who have had theirs destroyed by the high doses of chemotherapy or radiation therapy that are used to treat certain cancers.

In a stem cell transplant, you receive healthy blood-forming stem cells through a needle in your vein.

To learn more about how blood-forming stem cells are matched, see Blood-Forming Stem Cell Transplants.

Stem cell transplants do not usually work against cancer directly.

Stem cell transplants for other types of cancer are being studied in clinical trials, which are research studies involving people.

The high doses of cancer treatment that you have before a stem cell transplant can cause problems such as bleeding and an increased risk of infection.

What to expect when receiving a stem cell transplant Where you go for a stem cell transplant.

Butterfly Valves

Terfly valves provide bi-directional dead-end service in commercial and industrial service.

To make your selection easier, NIBCO offers specification and submittal assistance.

You also get the assurance of the NIBCO warranty, along with superior customer service expertise.

Butterfly Valves

Our butterfly valves are designed to be as compact and lightweight as possible.

Our Neldisc and Wafer-Sphere valves come equipped with the highest Cv on the butterfly valve market.

Our high-quality butterfly valves also have a lower torque need, which in cases may allow you to select and install a smaller actuator as a part of your valve assembly.

Terfly valves are extremely versatile and suitable for many control and shutoff applications.

These quarter-turn valves open and close by turning the disc 90° inside the flow port.

Terfly valves are compact and lightweight in comparison to many other valve types and still, they can handle harsh conditions and processes.

Designs ranging from lined utility valves to high-performance triple offset butterfly valves with full metal sealing, ensure a cost-effective and space-saving solutions for almost every industry, application and flow media.

What Is A Butterfly Valve And Where It Is Used In Water Supply?

Valve BodyThe valve body fits between the pipe flanges – the most common end connection types being flanged, double lug, and wafer types.

DiscAttached to the valve body is the disc that functions as a gate that stops or throttles fluid flow; it can be considered equivalent to a gate in a gate valve, or a ball in a ball valve.

The construction of a butterfly valve is relatively simple, with the rotation of the valve disc controlling the fluid flow.

With larger butterfly valves, a gearbox is often required as part of the actuation mechanism which reduces the operational torque and simplifies the operation of the valve but comes at the expense of speed.

Low Cost: Owing to their simple design, butterfly valves require less material and are simpler to design and manufacture and are often the more economical choice compared to other valve types.

On the application side, butterfly valves are especially well-suited for the handling of large fluid flows of fluid, such as in water distribution systems and water treatment plants.

Do you have any further questions regarding butterfly valves or are you looking for a suitable solution for your water application? Please use our contact form to get in touch.

Butterfly Valves: Uses, Types, Working, Advantages, Symbols

Wafer-style butterfly valves are lighter and cheaper as compared to lug-style butterfly valves.

Terfly Valves provides many advantages as compared to other valve types.

Gate valves are quite expensive as compared to butterfly valves.

Ball valves provide less pressure drop as compared to butterfly valves.

Ball valves are costly items as compared to butterfly valves.

The following symbols are used as butterfly valve symbols in isometric and P&ID. Butterfly Valve Standard.

Industrial Butterfly valves are designed based on the following butterfly valve standards.

Butterfly Valve

A butterfly valve is a valve that isolates or regulates the flow of a fluid.

A butterfly valve is from a family of valves called quarter-turn valves.

The valve best suited for high-pressure systems is the triple offset butterfly valve.

Concentric butterfly valves – this type of valve has a resilient rubber seat with a metal disc.

In the pharmaceutical, chemical, and food industries, a butterfly valve is used to interrupt product flow within the process.

After World War II, synthetic rubbers were used in the sealer members, allowing the butterfly valve to be used in many more industries.

In 1969 James E. Hemphill patented an improvement to the butterfly valve, reducing the hydrodynamic torque needed to change the output of the valve.

Value-Added Tax

VAT is an indirect tax because the person who ultimately pays the tax isn’t necessarily the same person as the one who pays the tax to the tax authorities.

Each VAT-registered company in the chain will charge VAT as a percentage of the selling price, and will reclaim the VAT paid to purchase relevant products and services; the effect is that net VAT is paid on the value added.

The VAT collected by the state from each company is the difference between the VAT on sales and the VAT on purchase of goods and services upon which the product depends, i.e., the net value added by the company.

Sales tax is paid for the full price of the imported commodity, while VAT is expected to be charged only for value added to this commodity by the importer and the reseller.

The Value Added Tax Act, 1991 was enacted that year and VAT started its passage from 10 July 1991.

Besides these rates there are several reduced rates, locally called Truncated Rates, for service sectors ranging from 1.5% to 10%. To increase the productivity of VAT, the Government enacted the Value Added Tax and Supplementary Duty Act of 2012.

There are currently plans to raise the standard VAT rate to 12%. Using indirect subtraction method with invoice to calculate value added tax payable.

Value-Added Tax Definition

A VAT offers advantages over a national sales tax.

Because the VAT only taxes each value addition-not the sale of a product itself-assurance is provided that the same product is not double taxed.

In addition to the fiscal arguments, proponents of a VAT in the United States suggest that replacing the current income tax system with a federal VAT would have other positive effects.

Pro: closing tax loopholes Proponents argue that a VAT would not only greatly simplify the complex federal tax code and increase the efficiency of the Internal Revenue Service but also make it much more difficult to avoid paying taxes.

Pro: a stronger incentive to earn If a VAT supplants U.S. income tax, it eliminates the disincentive-to-succeed complaint levied against progressive tax systems: Citizens get to keep more of the money that they make and are only taxed when purchasing goods.

Con: higher prices Critics note that consumers typically wind up paying higher prices with a VAT. Though the VAT theoretically spreads the tax burden on the added value of a good as it moves through the supply chain from raw material to final product, in practice, the increased costs are typically passed along to the consumer.

In short, lower-income consumers would pay a much higher proportion of their earnings in taxes with a VAT system, according to critics such as the Tax Policy Center.

What Is Value-Added Tax? Definition & Who Pays

A value-added tax is a tax on products or services when sellers add value to them.

Similar to a sales tax or excise tax, consumers pay the VAT tax, which is typically a percentage of the sale price.

If you purchase a pair of shoes for $100, and the value-added tax rate is 20%, you would pay $20 in VAT at the register when you pay for the shoes.

In some countries, VAT is called goods and services tax, or GST.Some countries exclude certain goods or services from the tax.

The European Union requires that an EU country’s VAT rate must be at least 15%. Some things qualify for a reduced rate, which has to be at least 5%.Although businesses may pay value-added tax on the goods and services they buy, they generally get to recoup those payments from the VAT they collect from their customers.

If you visit a country that has a VAT, you might be able to get a refund on the tax you pay when you shop there.

State: $29.95 to $44.95.All filers get free live tax advice from a tax pro.

Overview, How To Calculate, Example

To calculate the amount of value added tax that must be paid at each stage, take the VAT amount at the latest stage of production and subtract the VAT that’s already been paid.

A bike manufacturer purchases raw materials for $5.50, which includes a 10% VAT. After completing the manufacturing of the parts, they are purchased by the assembler for $11, which includes a VAT of $1. The manufacturer receives $11, of which he pays $0.50 to the government.

The full $1 VAT is not paid to the government, as the manufacturer will keep the portion of VAT that he already paid to the seller of the raw materials.

Since the manufacturer paid $0.50 in VAT to the seller of the raw materials, he will pay only a VAT of $0.50 to the government.

VAT paid at each stage can be calculated by subtracting the VAT that’s already been charged from the VAT at the latest stage of purchase/production.

As already mentioned, the entire VAT is ultimately passed to the final buyer(s), as consumers at the previous stages of purchase are reimbursed for the VAT they’ve paid.

Critics of VAT argue that, unlike the income tax rate, which varies at different levels of income, VAT is a fixed rate for everyone, and thus the poor end up paying a greater VAT rate than the rich, relative to their respective incomes.

What Is Value-Added Tax?

What is value-added tax? Value-added tax, or VAT, is a common form of consumption tax in many countries assessed incrementally on a variety of goods and services consumers purchase.

Decrease in variation With a tax based on consumption rather than another variable, VAT provides a stable revenue source as a consistent tax.

The amount of tax revenue VAT generates is due to the number of products and services that receive the tax.

This can discourage tax evasion because the physical records prove how much tax a business has to charge for each item based on the value added throughout production.

How does value-added tax work? The value-added tax is a percentage of the sale price.

Visibility The rate of income tax for others may be less visible, meaning that no one except the taxpayer knows the amount of income tax they pay.

Each time a retailer or manufacturer adds value to a product, the government collects tax revenue.

Value-Added Tax: A Guide For Business Owners

According to the Tax Foundation, VAT actually contributed to one-third of the OECD countries’ tax revenue in 2019.

The VAT is a consumption tax because it’s based on, essentially, spending money rather than earning money.

All European countries levy a VAT, according to the Tax Foundation.

A VAT gets added on each time the good or service gains value and trades hands.

The VAT system implements a tax at every level of production.

Everyone who engages in creating the product or service pays a VAT. In contrast, a sales tax only gets implemented at the last stage, when the consumer purchases the product.

Some advocates see a strong benefit for consumers when it comes to VAT. A VAT is generally seen as a regressive tax system because the percentage of the VAT is the same for rich or poor, big corporations or tiny startups.

Calculation, Features & How To Register

One such tax is the value-added tax, read on to know more about it.

Wondering what is value-added tax? Commonly known as VAT, it is a multi-stage tax levied during each stage in the production of products and services involving any sales or purchase.

The multi-stage tax has a provision to collect tax on purchase at every stage and eliminates tax-on-tax.

Since VAT is an indirect tax paid to the state governments, an accurate calculation for a clear and transparent procedure is important.

Here is an example to understand the calculation of this indirect tax.

Any type of tax fraud can be avoided because it is a mule-stage tax levied at each level of the cycle.

For claiming input tax, VAT ensures more accurate invoicing than sales tax.

ScienceDirect Topics

Alongside academic health economics, and often in close association with it, has grown an immense cadre of health economics consultancies, servicing the demands of health care agencies, regional and national governments, and international organisations.

His comments at that time focussed on an apparent emphasis in health economics on institutional delivery, health as a capital stock with rates of return, the contribution of health to economic growth, forecasting manpower “Requirements”, and the special welfare characteristics of health care as a consumption good.

Definition of Health Expenditures and Their Accounting FrameworksWhat Is a Health Expenditure?A health expenditure is a consumption of a resource with the primary objective of promoting, restoring, and maintaining health.

What Is Counted as a Health Expenditure Under a Health Accounting Framework?From the above, it is clear that to be counted as a health expenditure, two criteria must be fulfilled: First, there must be a final consumption of a resource, and second, the primary objective of consumption of the resource is to promote, restore, and maintain health.

From System of National Accounts 93.How Are Health Expenditures Estimated and Reported?Picturing the flow of funds and construction of national health account matricesThe unit of analysis in tracking health expenditure flows is the final consumption of a resource.

In the past few years, there has been a considerable interest in developing new uni- and bivariate health inequality measures, in part to address some of the aspects of health such as the bounded nature of many health measures.

For brevity, the authors refer to health variables in what follows, but all methods described in this article can be applied to any variable measuring health, health care use, and health care expenditures.

Johns Hopkins Bloomberg School Of Public Health

Health Economics is an applied field of study that allows for the systematic and rigorous examination of the problems faced in promoting health for all.

By applying economic theories of consumer, producer and social choice, health economics aims to understand the behavior of individuals, health care providers, public and private organizations, and governments in decision-making.

Health economics is used to promote healthy lifestyles and positive health outcomes through the study of health care providers, hospitals and clinics, managed care and public health promotion activities.

The MHS in Global Health Economics degree program in the Department of International Health at the Johns Hopkins Bloomberg School of Public Health uses health economic principals to address global issues such as migration, displaced persons, climate change, vaccine access, injuries, obesity and pandemics.

Health economists apply the theories of production, efficiency, disparities, competition, and regulation to better inform the public and private sector on the most efficient, cost-effective and equitable course of action.

Such research can include the economic evaluation of new technologies, as well as the study of appropriate prices, anti-trust policy, optimal public and private investment and strategic behavior.

Faculty in the Department of International Health are currently conducting research on a wide variety of topics, including the impact of health care, health insurance and preventative services on health lifestyles, as well as providing research and advice to governments around the globe to enable a more effective and equitable allocation of resources.

What Is Health Economics?

This paper describes the principles of economics and their application to the promotion, protection and restoration of oral health in populations and the planning, management and delivery of oral health care.

After illustrating the economic determinants of oral health, the demand for oral health care is discussed with particular reference to asymmetric information between patient and provider.

The reasons for the market failure in health care and their implications for efficiency and equity are explained.

We go on to describe how economic evaluation contributes to policies aimed at maximising oral health gains where resources are constrained.

The behavioural aspects of patients´ demand for and dental professionals´ provision of oral health services are discussed.

Finally, we outline methods for planning the dental workforce in ways that reflect system goals.

Wiley Online Library

Read the latest special issue published in Health Economics: Disparate Aging, guest edited by Professor Vincenzo Atella and Professor Dana Goldman.

The full issue is free to read for a limited period of time.

The Health Economics Editors and Wiley colleagues are pleased to announce that Professor Stirling Bryan, based at the School of Population and Public Health at The University of British Columbia, has joined the team as an Editor.

We would like to sincerely thank outgoing Editor, Professor Andy Briggs, for his many years of dedication and contribution to the Journal.

Health Economics

Health economics is a branch of economics concerned with issues related to efficiency, effectiveness, value and behavior in the production and consumption of health and healthcare.

Externalities arise frequently when considering health and health care, notably in the context of the health impacts as with infectious disease or opioid abuse.

After the Second World War, amid the rapid improvement of the level of medical research technology, the modernization of diagnosis and treatment means and health facilities and equipment, the aging of the population, the sharp increase of chronic diseases, and the improvement of people’s demand for health care and other reasons, medical and health expenses increased significantly.

Research in health economics developed further, and a second academic seminar on health economics was held in the United States in 1962 followed by a third in 1968.

In 1968, the World Health Organization held its first international health economics seminar in Moscow.

The convening of the three meetings showed that health economics had boarded an academic forum as an independent discipline, which also marked the official formation of health economics.

Mental health economics incorporates a vast array of subject matters, ranging from pharmacoeconomics to labor economics and welfare economics.

Your Employee Benefit Partner, Rochester, New York

For more than 40 years Health Economics Group has designed and managed employee benefits plans for plan sponsors and the individuals and families they cover.

We use this experience to help people who are not covered by a dental plan obtain more affordable care.

We help Medicare-eligible seniors select and enroll in a plan that best meets each persons health and budgetary needs.

If you are enrolled in a plan we manage, you can find important forms and information or login to check your claims.

Learn how Health Economics Group can help you manage your group’s Dental and FSA/HRA benefit plans.

Infusion Therapy: What Is It, What Conditions Does It Treat?

Infusion therapy is when medication or fluids are administered through a needle or catheter.

In this article, we’ll take a closer look at what infusion therapy is, how it works, and the types of conditions it can treat.

Infusion therapy is when you receive medication through a needle or catheter, usually intravenously.

Infusion therapy is an alternative when there’s no comparable oral therapy or when you’re unable to take oral medication.

IV infusion therapy typically takes place in a clinical setting, such as a doctor’s office, hospital, outpatient facility, or infusion center.

Infusion therapy is the administration of medication or fluids in a controlled method.

Infusion therapy is used to dispense many treatments for a wide variety of conditions.

Standards Of Care

Patients who are more stable can receive infusion therapy on an outpatient basis, visiting an infusion clinic or outpatient center of a hospital for a few hours at a time.

Getting good care and safe infusion therapy is important in many ways.

For some patients, infusion therapies are keeping them alive and poor quality care could be fatal.

For patients with less life-threatening illnesses, poor quality infusion care can still cause serious complications, like infections and air bubbles.

When relying on health care professionals to provide the infusion, be sure that the organization or individual is licensed, qualified, and experienced with infusion therapy.

Infusion therapy is a type of medical care that is important for so many patients.

You often have a lot of options with infusion care: inpatient or home care, types of infusion pumps, and who will provide the care.

Infusion Therapy

Infusion therapy is a safe and effective treatment option for a variety of conditions.

After a careful diagnosis of your pain and diagnosis, your pain medicine doctor will determine an effective medication and dosage.

An intravenous catheter is placed in your arm or hand and then the medication will be infused over a set amount of time while you are monitored.

This treatment option is safe and proven to be effective in reducing pain levels to promote greater function and a higher quality of life.

Our physicians are leading experts in pain management treatments, including infusion therapy.

This treatment, when combined with our multifaceted and compassionate care, delivers a high level of pain relief for our patients.

Learn more about the conditions we treat and the services we offer.

What Is Infusion Therapy?

Infusion therapy can also be used in the management and treatment of disease at home when moving a patient may not be advisable.

Infusion teams typically include a doctor who writes a prescription and develops a schedule for infusions, and infusion therapy nurses who actually perform the treatments and monitor the patients while treatment is ongoing.

Doctors can administer high levels of concentrated antibiotics through infusion therapy to kill off the bacteria before the patient gets worse.

Patients may receive two different types of infusion therapy during childbirth.

Infusion therapy uses a needle to place a tiny catheter into the patient’s vein.

Patients can have infusion therapy done both at home and in the hospital.

Getting infusion therapy in the hospital costs more than home care, but not all options are available to each patient.

Infusion Therapy: Frequently Asked Questions

The following information is meant to be a resource for basic education on the infusion industry and the office-based Infusion Center landscape.

All hospitals administer IV/injectable medications as part of their emergency department and inpatient services if they do not have a dedicated facility/department for outpatient infusion services, then we do not consider them to have an Infusion Center.

For this reason, under current government regulations, most of the Pharmacy Infusion Centers will not be able to receive payment from Medicare for infusion therapy.

Infusion management companies provide services to physicians and some HOPDs so that many of the challenges of operating an Infusion Center can be outsourced.

Infusion Nurses, Nurse Practitioners and Medical Doctors are the providers commonly administering IV/injectable medications in office-based Infusion Centers.

Receiving an infusion in the hospital will typically take longer than the same infusion in an office-based Infusion Center.

En algunos casos, los consultorios pueden usar Auxiliares Médicos para iniciar los IV o ayudar con los tratamientos de los pacientes.

EDUCATION Monoclonal Antibody Infusion Therapy: A Treatment for COVID-19 What is COVID-19? COVID-19 is the name of the infection caused by the SARS-CoV-2 coronavirus.

What are Monoclonal Antibodies? Your immune system makes antibodies when your body senses something is threatening it.

Like your body’s own antibodies, monoclonal antibodies recognize specific targets.

What is Monoclonal Antibody Infusion Therapy? Monoclonal antibody infusion therapy is used to treat a person who has COVID-19.

The medicine used during this treatment is called the Regeneron cocktail.

Who Can Have This Treatment? What are the Possible Side Effects? This treatment is only for people at increased risk of serious illness due to their age or health history.

Will My Insurance Cover the Cost of This Treatment? Your insurance provider will be billed for part of this treatment.

Intravenous Vitamin & Mineral Therapy In Vancouver

Vitalia Health Care is comprised of a team of Naturopathic Doctors with over 19 years of experience in IV therapy.

We provide IV therapy in a professional, clean and comfortable environment.

Our Naturopathic Doctors have experience in prescribing IV therapy and administering the treatment safely and effectively.

Located in Vancouver, BC, Vitalia Health Care offers IV therapy in a comfortable atmosphere with a private room available.

Every patient can relax, take a nap, watch a movie or even catch up on work during their treatment.

We offer both intramuscular and intravenous infusions.

Amex On The App Store

Track spending & rewards, find offers, review your balance, pay your bill and enjoy features only available in the Amex App.

Activate your Credit Card for Apple Pay in the Amex App, then simply unlock, tap and pay.

Amex Send & Split™ enhances the way you send money and split purchases with other Venmo and PayPal users, all in the American Express app.

You can also seamlessly split your Amex purchases with others and get paid back directly to your Card as a statement credit.

The American Express® App and app features are available only for eligible Card accounts in the United States.

American Express® prepaid Cards and Cards issued by non-America Express issuers are not eligible.

To log in, Card Members must have an American Express user ID and password or create one in the app.

Visa, Mastercard, American Express Say They’Re Suspending Operations In Russia Amid Its Invasion Of Ukraine

Visa, Mastercard, and American Express announced that they would suspend operations in Russia, another blow to the country’s economy in response to its invasion of Ukraine.

Visa CEO and chairman Al Kelly said in a statement that the company felt “Compelled to act following Russia’s unprovoked invasion of Ukraine, and the unacceptable events that we have witnessed.”

Mastercard said cards issued by Russian banks will “No longer be supported by the Mastercard network” and that any Mastercard issued outside Russia will not work at Russian merchants or ATMs. “We don’t take this decision lightly. Mastercard has operated in Russia for more than 25 years,” the company said in a statement on Saturday.

“As we take this step, we join with so many others in hoping for and committing to a more positive, productive, and peaceful future for us all. ”. American Express CEO Stephen J. Squeri wrote in a statement on Sunday that all globally issued cards will no longer work in Russia, and cards issued within the country will cease to function within the company’s network.

“This is in addition to the previous steps we have taken, which include halting our relationships with banks in Russia impacted by the U.S. and international government sanctions,” the company wrote in a statement.

The US and its Western allies, including the United Kingdom, Canada, and the European Union, have together imposed hundreds of sanctions and other consequences on Russia since late February, sending its economy into a tailspin.

As a result, the ruble has plummeted, Russia’s stock exchange has shuttered, hundreds of billions of dollars in assets have been frozen, and both everyday and high-profile Russians have been affected.

American Express Announces Suspension Of Operations In Russia, Belarus

Washington [US], March 7: American Express on Sunday announced the suspension of its operations in Russia and Belarus over the ongoing military operation in Ukraine.

This comes a day after credit card and payment giants Mastercard and Visa announced that they were suspending operations in Russia and that their cards issued by Russian banks will no longer work outside the country.

“In light of Russia’s ongoing, unjustified attack on the people of Ukraine, American Express is suspending all operations in Russia. As a result, globally issued American Express cards will no longer work at merchants or ATMs in Russia,” American Express said in a statement.

“Additionally, cards issued locally in Russia by Russian banks will no longer work outside of the country on the American Express global network. We are also terminating all business operations in Belarus,” the statement added.

Mastercard also suspended network services in Russia over the latter’s special military operation in Ukraine.

“This decision flows from our recent action to block multiple financial institutions from the Mastercard payment network, as required by regulators globally,” Mastercard said in a Saturday statement.

Responding to the statement issued by the two companies, the Russian state-owned banking company said the suspension of Visa and Mastercard services in the country will not affect the use of cards issued by Russia’s Sberbank within the country.

American Express Suspends Operations In Russia, Belarus Over Ukraine Invasion

American Express on Sunday said it will suspend operations in Russia over its military invasion of Ukraine.

“In light of Russia’s ongoing, unjustified attack on the people of Ukraine, American Express is suspending operations in Russia,” the company said in a statement.

Under this protocol, globally issued American Express cards will no longer work at merchants or ATMs in Russia.

Cards issued by Russian banks inside the country will no longer work outside of Russia on the American Express global network.

RUSSIA INVADES UKRAINE: LIVE UPDATES. The company said it is also suspending operations in Belarus, which hosted Russian troops in the weeks leading up to the invasion of Ukraine.

The move follows Visa and Mastercard which both announced Saturday they are suspending business operations in Russia in response to the invasion of Ukraine.

GAS PRICES SURGE AS BIDEN ADMIN WEIGHS RUSSIAN OIL IMPORT BAN. Their actions come amid crippling sanctions imposed by the west on Russia – including President Vladimir Putin – in response to the humanitarian crisis unfolding in Ukraine.

Ukraine Invasion: Netflix, American Express And TikTok Cut Services In Russia

Streaming giant Netflix has become the latest company to stop operating in Russia.

TikTok said it was concerned about a new “Fake news” law in Russia.

Amex said “Globally issued” cards will no longer work at shops or ATMs in Russia.

Cards issued “Locally in Russia by Russian banks” will stop working outside the country.

Its latest measures are in addition to “Halting our relationships with banks in Russia impacted by the US and international government sanctions”.

Key developments: Fresh attempt to evacuate Mariupol fails as both sides blame each other Ukrainians count the human cost of the invasion ‘Putin must fail’ – PM’s six-point plan for resolving crisis ahead of talks with world leaders Visa and Mastercard announce suspension of operations in Russia China warns US not to ‘add fuel to the flames’ as Russia continues attack.

A large number of high-profile companies have distanced themselves from Russia since its invasion of Ukraine.

American Express

American Express executives discussed the possibility of launching a travel charge card as early as 1946, but it was not until Diners Club launched a card in March 1950, that American Express began to seriously consider the possibility.

Other cards include the Business Platinum Card from American Express OPEN, the Business Gold Rewards Card from American Express OPEN, the Blue for Business Credit Card from American Express, Business Green Rewards Card from American Express OPEN, the Business Green Rewards Card from American Express OPEN and the Plum Card from American Express OPEN. These cards have return protection, year-end summaries and other tools to help with the business accounting and control.

Another specialized American Express business card is the American Express Corporate Purchasing Card, which can be assigned to individual employees or departments.

In December 2000, American Express agreed to acquire the US$226 million credit card portfolio of Bank of Hawaii, then a division of Pacific Century Financial Corp. In January 2006, American Express sold its Bank of Hawaii card portfolio to Bank of America.

In 2005, American Express released the American Express Travelers Cheque Card, a stored-value card that serves the same purposes as a traveller’s cheque, but can be used in stores like a credit card.

A typical ad for the American Express Card began with a celebrity asking viewers: “Do you know me?” Although he/she gave hints to his/her identity, the star’s name was never mentioned except as imprinted on an American Express Card, after which announcer Peter Thomas told viewers how to apply for it.

Many American Express credit card ads feature a sample American Express Card with the name “C. F. Frost” on the front.

American Express Credit Card, Amex Cards, Best Amex Credit Card, American Express Credit Card Offer

Blue Cash Everyday® Card from American Express The best American Express credit card is the Blue Cash Everyday® Card from American Express if you want to earn bonus rewards at U.S. supermarkets, U.S. gas stations and U.S. department stores.

American Express Cash Magnet® Card The best Amex credit card for earning cash back at a flat rate on all purchases is the American Express Cash Magnet® Card.

Blue Cash Preferred® Card from American Express The best American Express credit card for bonus cash back rewards is the Blue Cash Preferred® Card from American Express.

Best American Express Credit Cards Comparison Once you find the best Amex card for your particular needs, make sure to compare it to the best credit cards from other issuers to confirm you’re not leaving any value on the table.

Methodology for Selecting the Best American Express Credit Cards To identify the best American Express credit cards for different types of applicants, WalletHub’s editors regularly compare all of the American Express credit cards in our database of 1,500+ credit card offers, considering both cards issued by American Express and cards that are on the American Express network but issued by another bank or credit union.

Here are the American Express foreign transaction fees: American Express cards with foreign transaction fees charge 2.7%. Many American Express credit cards have no foreign transaction fees.

Some of the best American Express cards with 0% foreign fees include the American Express Platinum card and the American Express® Gold Card, as well as the American Express® Green Card and the Amex cards affiliated with Marriott, Hilton and Delta.

Subsea & Power Cables Manufacturer

Global energy companies depend on high performance subsea umbilicals and cables to provide power.

Control in the world’s harshest offshore environments.

JDR is a leading provider of subsea cable technology and offshore services connecting the global offshore energy industry.

Tomball Economic Development Corporation

The Tomball Economic Development Corporation has succeeded in helping another company locate in the Tomball Business & Technology Park.

JDR Cable Systems, which announced on July 29 plans to relocate their U.S. headquarters to Tomball from Houston, worked with the TEDC to secure a grant agreement from the City of Tomball.

The grant agreement will assist with the construction of the facility and the relocation of approximately 45 employees and the creation of 20 new positions within the first two years of operation in Tomball.

JDR Cable Systems joins a growing list of businesses in the successful TEDC-designed Tomball Business & Technology Park.

Developed by Welcome Group and financed by Woodforest National Bank, the 65,000 square-foot facility will be located at 2012 S. Persimmon and will be constructed by Houston-based KDW. The project, KDW’s first ground-up project in Tomball, will feature 45,000 square-feet of assembly space and 20,000 square-feet of office space.

JDR is expected to occupy the new facility February 1, 2021.

JDR Cable Systems designs, engineers, and manufactures subsea power cables, as well as umbilical cables consisting of components for power distribution, data transfer, monitoring, and remote control of offshore facilities.

JDR Cable Systems

JDR is a provider of subsea technologies and services that provide control and power delivery for both the oil and gas and renewable energy sectors of the global offshore energy industry.

In 1971 Peter Jacques and G.H. Chaplin formed Jacques Chaplin Engineering based in Hertfordshire manufacturing industrial hoses.

In 1983 the company was acquired by Rotork, and renamed Jacques Rotork.

In 1988 a management consortium bought the company and the business became known as Jacques Cable Systems.

In c.1991 Bromsgrove Industries acquired Jacques Cable and in 1994 acquired De Regt Special Cables – the two businesses were merged under Bromsgrove and renamed Jacques De Regt Cable Systems, later JDR Cable Systems.

After the 2007 acquisition the company established a factory at the Port of Hartlepool at a cost of c. £30 million, enabling easy transhipment of undersea cables direct to ship.

In 2011 the company’s Dutch subsidiaries, its marine cable division, JDR Cable Systems Holdings Netherlands BV, and JDR Cable Systems BV were sold to Fugro NV, and renamed De Regt Marine Cables.

JDR Cable Systems

Working with KDW to build our state of the art High Bay/Heavy Lift Fabrication Shop was nothing short of pleasurable and professional.

Dooley Tackaberry, Inc. I have worked with KDW for over 12 years on very large and small projects.

NOV. The work and craftsmanship executed by the KDW team is truly inspiring and remarkable.

The folks at KDW are talented, professional, friendly, and second to none.

Our design/build experience with KDW exceeded all our expectations.

In 2013 WIKA Process Solutions LP and GAYESCO INTERNATIONAL LCC started working with the KDW team to design & build our brand new manufacturing facility on a 13 acre lot in the Pasadena ship channel area.

From start to finish the KDW team supported us in every step of the way.

UPDATED: JDR Cable Systems Inc. US Headquarters To Bring New Jobs To Tomball

The new U.S. headquarters will include 45,000 square feet of manufacturing space and 20,000 square feet of office space.

The Tomball Economic Development Corp. is helping JDR Cable Systems Inc. bring its new U.S. headquarters to Tomball, according to an Aug. 3 news release from the TEDC., a project expected to create 20 new positions within its first years.

JDR Cable Systems Inc., a subsea power cable company, broke ground on its new U.S. headquarters July 29.

“The TEDC is thrilled to have had the opportunity to work with JDR Cable Systems to bring their U.S. headquarters to Tomball,” TEDC Executive Director Kelly Violette said.

The new headquarters will have a $450,000 five-year net benefit, according to a TEDC economic impact analysis.

Brian Davis, general manager for JDR Cable Systems in Houston, said in a July 29 statement the new facility will be closer to the company’s workforce in the North Houston area.

“Beginning construction of our new Houston headquarters marks a significant milestone for our U.S. business, and we’re delighted to bring our ongoing success in the region to Tomball,” Davis said.