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Growth market USA: Exyte plans to create up to 1,000 new jobs in high-tech facility industry

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  • Exyte to create up to 1,000 jobs in target industries across the USA to facilitate growth
  • Further expansion of service and production network in the USA
  • With official opening of new office in Boise, Idaho, Exyte expands to the Northwest
  • Exyte CEO Büchele: “Given its high market potential, the USA is an integral part of Exyte’s growth strategy.”

STUTTGART, Germany, June 12, 2024 /PRNewswire/ —  Exyte GmbH (Exyte), a global leader in the design, engineering, and delivery of high-tech facilities, is poised for a robust expansion trajectory in the USA. In line with its “follow-the-client” strategy, Exyte is ramping up its service and production network as well as its workforce in key strategic locations across the country. In the medium run, the company plans to create approximately 1,000 additional positions in the USA. With the official opening of its new regional office in Boise, Idaho, Exyte expands its national footprint to the Northwest.

In addition, new offices and production sites are being established in Nampa, Idaho, to support US-wide mega-projects in high-tech industries such as the semiconductor industry. With new offices in Durham, North Carolina, and Conshohocken, Pennsylvania, Exyte is addressing the needs of the US pharmaceutical and biotech industry. In Dallas, Texas, the company plans to relocate to a new headquarter.

“Given its high market potential, the USA is an integral part of Exyte’s growth strategy. In line with our future agenda ‘Next Level’, we are establishing a strategic network of production and offsite manufacturing sites as well as offices across the USA to be prepared for future projects and to increase the speed of project implementation for our clients,” outlines Exyte CEO Dr. Wolfgang Büchele. “To facilitate our projected growth, we are offering hundreds of highly qualified jobs across several regions in the country,” Büchele continues. “Our employees are the heartbeat of Exyte, and we look forward to onboard exceptional talents from all fields and backgrounds who can support us in our vision to create a better future.”

Ongoing investments in all target industries

The USA is currently experiencing a significant increase in investments in high-tech facilities such as semiconductor and battery cell factories, driven in part by the U.S. CHIPS and Science Act and the Inflation Reduction Act. The CHIPS Act alone will provide federal subsidies of around $53 billion for semiconductor manufacturing, research, and development as well as workforce. “The high incentives underscore the USA’s commitment to maintaining leadership in this key global technology,” comments Mark Garvey, member of Exyte’s executive board and CEO Advanced Technology Facilities, on the occasion of the office opening in Boise. According to prognosis by research company Aritzon, the U.S. data center market will witness investments of $110 billion by 2028, growing at a CAGR of 3.57 percent per annum. In addition to investments in data centers to expand digital infrastructure, there is also an increase of production capacities in the pharmaceutical sector. “The USA is definitely an important and exciting growth region today and into the future for Exyte. Our company’s skills and our professional staff are perfectly aligned with the national high-tech agenda here in the US,” Garvey continues.

1,000 additional jobs for the USA

Exyte’s projects often involve multi-billion-dollar investments and require a vast support network. When staffing project teams, Exyte prioritizes regional recruitment. Overall, Exyte plans to create around 1,000 jobs to add to its current headcount of more than 2,300 for its upcoming US-projects over the coming months. Offered positions are ranging from project engineers to project managers, designers, and technicians. In some regions where Exyte has its own offices or implements projects, the company also collaborates with local universities. The focus is primarily on STEM subjects.

Starting from 1989, Exyte has been operating in the USA as a trusted leader in turnkey solutions, serving the most technically demanding clients. With locations in about 20 cities, covering office, production and service facilities, Exyte has a strong foothold in the USA and has earned the trust of leading US and internationally based companies operating in markets such as semiconductors, batteries, biopharma and life sciences, as well as data centers. “Our clients value predictability, efficiency, and world class performance in Environmental, Health and Safety (EHS) in project execution. Through our full-service offering and Exyte’s network of specialized subsidiaries, we are able to provide tailormade turnkey solutions for the most complex high-tech projects anywhere in the world,” outlines Garvey.

Growth through increased vertical Integration

As part of Exyte’s expansion strategy in the USA, the company is also focusing on enhancing vertical integration. For Exyte, the inclusion of specialized companies in the field of mission-critical equipment and installation services plays a key role in enhancing seamless project execution for high-tech facilities in its target industries. Through strategic acquisitions for its business area Technology & Services, Exyte has built a comprehensive network of specialized companies and solution providers. Only recently, Exyte acquired Phoenix-based CollabraTech Solutions a specialist in delivery systems and contract manufacturing services for high-tech facilities. This strategic move was followed by the planned acquisition of Kinetics, a globally leading provider of installation services, equipment, and technical facility management with significant US operations. In addition, Exyte recently announced the planned opening of two local sites for its Technology & Services subsidiaries – Diversified Fluid Solutions (DFS) and NEHP – in the City of Nampa, Idaho.

Strong business performance in 2023

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In 2023, Exyte has already experienced strong business success in the US. Order intake rose to $2.4 billion accounting for one third of the company’s total order intake of $7.2 billion. Sales in the USA almost doubled to $1.1 billion and thus surpassed the $1.0 billion threshold for the first time. With several megaprojects being in the phase of implementation or shortly prior to commencement, Exyte’s sales numbers are expected to rise significantly over the coming quarters. Following its “Pathway to ten” strategy of generating an annual revenue of $10 billion by latest 2027, Exyte is currently heading for a strong growth trajectory, especially in the US market.

About Exyte

Exyte is a global leader in the design, engineering, and delivery of ultra-clean and sustainable facilities for high-tech industries. With cutting-edge expertise developed over more than a century, the company serves clients in the sophisticated markets of semiconductors, battery cells, pharmaceuticals, biotechnology, and data centers. Exyte offers a full range of services from consulting to managing the implementation of built complete solutions with the highest standards in safety and quality to its customers worldwide. Exyte creates a better future by enabling key industries to enhance the quality of modern life. In 2023, the company generated sales of €7.1 billion with around 9.900 employees worldwide. www.exyte.net

Contact
Samy Abdel Aal
Public Relations Manager
Mobil: +49 172 840 33 01
[email protected]
www.exyte.net

EXYTE IN THE USA – FACTSHEET

Active since

1989

Number of Employees

Over 2.300

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Locations*

Arizona: Phoenix (Phoenix City, Chandler, Tolleson)

California: Milpitas

Idaho: Boise, Nampa

Massachusetts: Lawrence

New York (State): Albany, Malta

North Carolina: Durham

Oregon: Portland (Sherwood)

Pennsylvania: Philadelphia (Conshohocken)

Texas: Dallas (Plano, McKinney)

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Utah: Lehi

Vermont: Colchester, Williston

Exyte Group Subsidiaries

Airgard

BioPharm Engineered Systems

CollabraTech Solutions

Diversified Fluid Solutions

ENGVT

Exyte US, Inc.

Fab-Tech

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NEHP

NSI

Pure Guard 2

Total Facility Solutions

Services

Consulting and Planning

Engineering and Design

Project and Construction Management

Technology & Services

Commissioning, Qualification and Validation

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Equipment

Exhaust Gas Cleaning Infrastructure

High Purity Media Delivery Systems

Fluid Handling / Gas Blending Systems

Modularization, 3D CAD Design, BIM

Mechanical & Electrical Process Piping Systems

Markets

Semiconductors

Flat Panel Displays

Photovoltaics

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Batteries

Pharmaceuticals and Biotechnology

Food and Nutrition

Consumer Care

Specialty Chemicals

Data Centers

*Exyte office locations, production, and service facilities

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COCA Celebrates Q2 2024 with Record-Breaking Milestones and New Launches

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HONG KONG, Aug. 7, 2024 /PRNewswire/ — COCA, a pioneering force in the crypto wallet and financial services industry, has achieved several remarkable milestones in Q2 2024. Thanks to the steadfast support of its user community, COCA has launched new features, expanded its partnerships, and garnered prestigious accolades, further solidifying its position as a leader in the crypto space.

Launch of Physical Cards

COCA has introduced its highly anticipated physical cards, which are now available globally and compatible with Apple Pay and Google Pay. These cards allow users to make transactions with ease, earning cashback rewards on their purchases. This significant launch marks a step forward in integrating crypto with everyday financial activities, enhancing user convenience and financial flexibility.

Wallet Growth Milestone

The company has reached a significant milestone with 510,000 active wallets, reflecting a 102% growth quarter-on-quarter. This surge in active wallets highlights the increasing trust and adoption of COCA’s platform, as more users join the COCA community to manage their crypto assets securely and efficiently.

Transaction Volume Surge

In Q2 2024, COCA processed over USD 450,000 in transactions through its platform, demonstrating the robust usage and popularity of its financial services. This impressive transaction volume underscores COCA’s commitment to providing smooth and efficient crypto payment solutions.

Integration with Revolut

COCA has made it easier for users to fund their wallets by integrating with Revolut. This new feature allows seamless loading of crypto assets, enhancing the overall user experience and accessibility of COCA’s services.

Award Recognition

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COCA has been honoured with the “Best Startup” award in the Financial Revolution category at CONF3RENCE & BLOCKCHANCE 2024. This award is a testament to COCA’s innovative approach and significant impact on the future of finance, recognizing its efforts in driving forward the digital financial ecosystem.

New Strategic Partnerships

COCA has formed strategic partnerships with industry leaders such as Wirex Pay and GoMining. These collaborations aim to provide users with enhanced rewards and a superior overall experience. The partnerships signify COCA’s dedication to expanding its ecosystem and delivering greater value to its users.

Welcoming Pavel Matveev

COCA is excited to announce the addition of Pavel Matveev, Founder of Wirex, to its team as a Strategy and Product Advisor. Pavel’s extensive experience and visionary approach are expected to drive COCA’s strategic initiatives and product development, contributing to the company’s continued growth and innovation.

Season 2 Point System Launch

Season 2 of COCA’s popular point system has launched, offering users the opportunity to earn points through various activities, including trades, referrals, holding assets, and spending with COCA cards. With a prize pool of USDT 3500 and 5 Wirex Pay Nodes, this season promises exciting rewards and increased user engagement. The season ends on August 9th, so users are encouraged to participate actively.

NFT Giveaway

In a special giveaway, COCA distributed 1000 GoMining NFTs to lucky users. These NFTs provide unique benefits, including enhanced mining capabilities and exclusive digital collectibles, adding significant value to the user experience.

For further details on COCA’s Q2 achievements and upcoming initiatives, visit the company’s blog.

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Website: coca.xyz

COCA continues to redefine the crypto experience with its innovative solutions, seamless integrations, and user-focused approach. The company’s recent milestones and future plans highlight its commitment to leading the way in the digital financial landscape.

About COCA

COCA is a next-generation crypto super app designed to simplify and secure the crypto experience for users worldwide. With innovations in security, usability, and integration, COCA is at the forefront of the digital asset revolution. For more information, visit coca.xyz.

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Stake and Earn with KuCoin’s Innovative GemPool Platform

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VICTORIA, Seychelles, Aug. 7, 2024 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to announce the launch of GemPool, its innovative new platform that allows users to acquire token airdrops as a reward for staking their crypto assets. This unique product is designed to provide early access to emerging crypto projects while offering rewards for their existing holdings at zero cost. By staking respective tokens in separate pools, users can farm new tokens and gain a foothold in the latest developments within the cryptocurrency market.

GemPool also offers flexible staking terms, allowing users to stake and un-stake their assets anytime within the designated period without lock-up restrictions. This flexibility ensures that users can manage their assets according to their preferences and market conditions. Additionally, GemPool provides zero-cost rewards, enabling users to earn tokens while holding their existing cryptocurrencies. By staking their tokens, users contribute to the growth of promising new projects, supporting innovation and development within the crypto space. With completion of tasks offered, users are eligible to earn multiplier bonus and receive more rewards.

Users can participate by staking KCS, USDT, or other specified assets in designated pools. The rewards are earned according to the respective yields of the pools, ensuring a fair and exciting experience for all users.

For more information on how to participate and the benefits of GemPool, please visit the KuCoin GemPool page.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

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Trust Wallet Launches Gamified Education Platform and Loyalty Program to Enhance and Reward Web3 Learning

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DUBAI, UAE, Aug. 7, 2024 /PRNewswire/ — Trust Wallet, the world’s leading self-custody Web3 wallet and Web3 gateway trusted by over 130 million users, has launched Trust Wallet Quests, a gamified education platform within the Trust Wallet mobile app which encourages users to earn points while exploring and learning about Web3.

Users can engage in task-based challenges ranging from quizzes to complex problem-solving scenarios composed of various DeFi and Web3 activities, all designed to deepen their understanding of blockchain technology and decentralized applications (dApps), and expose them to exciting opportunities within Web3. As an incentive, users will earn Trust Points, a loyalty-based points system designed to reward user activity within the Trust Wallet mobile app. With Trust Points, users can earn rewards upon the completion of specific tasks, making Web3 more rewarding and fun.

In the future, Trust Points will offer additional gamification features, such as unlocking achievements, badges, and levels. This interactive approach not only boosts individual learning but also contributes to broader community education and adoption of decentralized technologies, making Trust Wallet Quests a dynamic and exciting way to reward loyal users and engage with communities in Web3.

On the motive for launching Trust Wallet Quests, Eowyn Chen, CEO of Trust Wallet, stated: “The complex technology and fast-paced industry can be intimidating for both new and seasoned users. The introduction of Quests on Trust Wallet further solidifies our commitment to making it easier for millions to navigate Web3, aligning perfectly with our mission to build a seamless Web3 hub and open ecosystem for all.”

Nate Zou, Head of Product at Trust Wallet, highlighted what to expect from Trust Points and Trust Wallet Quests: “Trust Points and Quests are just the first iteration of a much-needed reward system for our community. Within 2024, we have plans to build on this, combining rewards with many of our other web3 product offerings. Overall, we envision this points system not only changing how users engage with Trust Wallet, but also encouraging more collaboration between Trust Wallet, our users and other web3 ecosystem players.”

Trust Wallet Quests and Trust Points are now available on both Android and iOS versions of Trust Wallet’s mobile app. Download here: https://short.trustwallet.com/TrustWalletQuests

About Trust Wallet

Trust Wallet is the self-custody, multi-chain Web3 wallet and Web3 gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around the world to experience Web3, access dApps securely, store and manage their crypto and NFTs, buy, sell, and stake crypto to earn rewards, all in one place and without limits.

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