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Cooper Tire Awards Annual Roy V. Armes and Centennial Scholarships

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Six students receive awards from national scholarship programs
benefitting children of Cooper employees

FINDLAY, Ohio–(BUSINESS WIRE)–Cooper Tire & Rubber Company today announced that six high school
seniors have been selected to receive scholarships to pursue higher
education. The Roy V. Armes Scholarship, in the amount of $5,000, and
five Cooper Centennial Scholarships, in the amount of $1,000 each, were
awarded.

The Roy V. Armes Scholarship was established in 2016 to honor former
Cooper Chairman, Chief Executive Officer and President, Roy Armes, upon
his retirement. Armes served Cooper for nearly a decade, and this fund
was created in recognition of his contributions and achievements. The
scholarship is focused on high-achieving students who will attend a
four-year institution of higher learning to pursue careers in business
or engineering and goes to the child of a Cooper employee in the United
States.

The recipient of the Roy V. Armes Scholarship is:

  • Kaleb Manley —Kaleb is the 18-year-old son of Larry Manley,
    Control Room Operator for Cooper’s Texarkana plant, and his wife,
    Alicia. He is a graduate of Arkansas High School in Texarkana,
    Arkansas and is pursuing a degree in mechanical engineering at the
    University of Arkansas. Kaleb was a four-year member of Student
    Council, serving as President his senior year, and a member of the
    National Honor Society, Robotics Club and Tobacco Prevention Club. He
    was a letter-winner in soccer and played football. Outside of school,
    he has served as a volunteer for the Special Olympics, was a delegate
    to Arkansas Boys State, has been an active member of his church, and
    held a job averaging more than 20 hours per week.

The Cooper Centennial Scholarship is in its fifth year and was
originated to commemorate the company’s 100th anniversary in
2014. The scholarship is available to the children of Cooper employees
in the U.S. who are outstanding high school seniors who will pursue
degrees at a college, university or technical school.

Centennial Scholarship recipients are:

  • Benjamin Howard—Benjamin is the 18-year-old son of Fleet
    Services Senior Specialist Marybeth Howard, who is based at Cooper’s
    Findlay headquarters, and her husband, Doug. He is a graduate of
    Findlay High School in Findlay, Ohio and intends to study
    biochemistry/pre-dentistry at The Ohio State University. An active
    student-athlete, Benjamin was a four-year member of the basketball and
    baseball teams and served as team captain of both. He also
    participated in soccer and was a member of the National Honor Society
    and Student Athletic Leadership Team. He has volunteered with the West
    Ohio Food Bank, American Cancer Society Relay for Life, Salvation Army
    Red Kettle Campaign, American Red Cross blood drives and multiple
    youth basketball and baseball camps.
  • Madelin Kreinbrink—Madelin is the 18-year-old daughter of Rod
    Kreinbrink, Manufacturing Reliability Director, who is based at
    Cooper’s Findlay headquarters, and his wife, Heather. She is a
    graduate of Findlay High School in Findlay, Ohio, where she ranked
    first in her class. She intends to study nursing at The Ohio State
    University. Active in music, Madelin was a four-year member of show
    choir, including three years as part of Findlay First Edition and one
    year as a member of Voices in Perfection. She was a member of Teen
    Leadership Corps, the National Honor Society, Junior Statesmen of
    America and served as a delegate to Buckeye Girls State. Madelin was
    also active as a member of her church youth group and served as part
    of the youth board.
  • Alyssa Smith—Alyssa is the 18-year-old daughter of Jeff Smith,
    Tire Inspector at Cooper’s Texarkana plant, and his wife, ARhonda. She
    is a graduate of Arkansas High School in Texarkana, Arkansas, where
    she earned the honor of valedictorian. She intends to pursue a degree
    in engineering at the University of Arkansas at Little Rock. Alyssa
    was a four-year member of Student Council and the softball team. She
    has participated in Fellowship of Christian Students, Art Club, and
    Interact Service Club. She also has been an active member of her
    church ministry team and volunteered for Special Olympics, Harvest
    Texarkana Food Bank, Susan G. Komen Race for the Cure, and the Tim
    Tebow Foundation’s Night to Shine.
  • Lillian Swails—Lillian is the 18-year-old daughter of David
    Swails, Millwright at Cooper’s Findlay plant, and his wife, Lisa. She
    is a graduate of Arlington High School in Arlington, Ohio and intends
    to pursue a degree in environmental safety and occupational health at
    the University of Findlay. Lillian was a four-year member of the
    Arlington All-Brass Band, FFA and participated in numerous school
    plays and musicals. She was a member of both the National Honor
    Society and Science National Honor Society. Outside of school, she was
    a six-year member of 4-H and participated in Junior Fairboard and
    Hancock County Junior Leadership. Lillian has volunteered for several
    years with the Arlington Village Festival.
  • Jacob Tackett—Jacob is the 18-year-old son of Chad and Tracy
    Tackett. Chad is the Mold Shop Supervisor for Cooper’s Findlay plant
    and Tracy works as a Graphic Designer at Cooper’s Findlay
    headquarters. He is a graduate of Riverdale High School in Mt.
    Blanchard, Ohio, and intends to study engineering technology at Owens
    Community College. Jacob was a four-year member of his school’s
    industrial arts program and participated in baseball, basketball and
    golf, serving as captain of the golf team. He was an active member of
    Boy Scouts of America, holding many leadership positions and earning
    Eagle Scout rank. He was also active in his church youth group and
    operated a part-time firewood business.

“This very deserving group of scholarship winners has not only excelled
in the classroom, but has served as student leaders, been active members
of their communities and held part-time jobs while in school. We are
proud to support them with scholarships from Cooper,” said Brad Hughes,
President & Chief Executive Officer. “I congratulate these exceptional
students and their families, and wish them the best as they pursue
continued education toward their career goals.”

Cooper’s scholarship program is administered by the Findlay-Hancock
County Community Foundation, an independent philanthropic agency that
manages nearly 400 funds, including 115 scholarships. To be considered
for these awards, each student is required to submit an application and
essay. An independent committee then selects the winners. This year, six
students were selected from among 40 qualifying applicants nationwide.

About Cooper Tire & Rubber Company

Cooper Tire & Rubber Company (NYSE: CTB) is the parent company of a
global family of companies that specializes in the design, manufacture,
marketing and sale of passenger car, light truck, medium truck,
motorcycle and racing tires. Cooper’s headquarters is in Findlay, Ohio,
with manufacturing, sales, distribution, technical and design operations
within its family of companies located in more than one dozen countries
around the world. For more information on Cooper, visit www.coopertire.com,
www.facebook.com/coopertire
or www.twitter.com/coopertire.

Contacts

Anne Roman
419.429.7189
alroman@coopertire.com

Trade Show News

Are we there yet? Widespread use of Cryptocurrency with Maria (Masha) Prusakova (Crypto PR Lab) at TCE2019 Prague

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Cryptocurrencies are changing the world and most of the intelligent e-commerce/m-commerce startups and SMEs are quickly jumping on board. Whenever this is a long-lasting evolution period towards reaching a decentralized banking system, we will just have to wait and find out. However, the recent move by Facebook with the launch of Lybra is certainly stirring things up.

By now, the European Commission and European Union are knees deep into regulating the cryptocurrency market and conversations are always sparked around money laundering and so on.

Bitcoin has been certainly on a roll, but now all eyes are on the exchanges and the licenses that are granted for brokerage and exchange companies.

Cryptocurrency taxation is also a subject that concerns a growing number of users, traders, and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services.

Generally, purchases and sales of cryptocurrency are not subject to VAT taxation in Europe, which is the birthplace of the value-added tax. Financial regulators and revenue services in most countries often refer to a decision by the Court of Justice of the European Union (ECJ) which ruled in 2015 that services for the exchange of bitcoin with any traditional fiat currency are exempt from VAT.

The widespread use of cryptocurrencies and the outcomes of a cryptocurrency driven society will be discussed at the inaugural PICANTE TECH Conference Europe (TCE2019) by experts of the field.

Among these experts is also Maria (Masha) Prusakova, Co-Founder at Crypto PR Lab, who will join the speakers’ list at TCE2019.

About Maria (Masha) Prusakova

Maria (Masha) Prusakova is a French attorney and a PR specialist working with blockchain startups and crypto conferences. Masha started her journey in crypto in 2014 working on an early bitcoin algorithm trader ExGate with a former Lehman Brothers financier. In 2017, Masha joined M&A PR Studio, consulting ICOs and blockchain startups on public relations. In 2018, she co-founded Crypto PR Lab. Before her entrepreneurial career, she worked as an attorney in M&A for Clifford Chance LLP and Gowling WLG. As a private banker for Ultra High Net Worth individuals, Masha gained experience at UBS, LGT and HSBC private banks in Switzerland and Monaco.

The former right hand of Prime Minister of Kazakhstan at the World Economic Forum, Masha together with Sasha facilitates the participation of individuals and startups at the elite Davos Conference Week.

Masha is also an accomplished snowboarder. As a professional athlete, she represented Russia in the 2006 Winter Olympic Games as the youngest participant in the snowboarding halfpipe event.

Masha holds three Master’s degrees (Sorbonne, UC Berkeley) and speaks 4 languages: Russian, French, German and English.

PICANTE Tech Conference Europe is designed to bring both people and knowledge together and provides the excellent ecosystem of networking and learning opportunities without interruptions with emphasis on comfort and communication. After learning from genuine world-class experts and wayseers, meeting achievers shaping the B2B ecosystem, all attendees will get the chance to grab a drink and relax while networking at the evening social gathering.

REGISTER HERE or BROWSE THE AGENDA/PROGRAM!

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Trade Show News

Brussels Workshop Explores Challenges and Opportunities in the 4th Industrial Revolution

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On July 12, the CEIBS Insights 2019 Europe Forum series made its latest stop in Brussels for a special roundtable workshop on the theme of The 4th Industrial Revolution: Opportunities and Challenges for Europe and China. The event, co-hosted by European economic think tank Bruegel, brought together nearly 100 representatives from CEIBS, the European Commission, the Mission of the People’s Republic of China to the European Union, and the EFMD, among others, for discussions exploring how China and Europe can balance policy and market forces to achieve sustainable technological innovation, how SMEs in both regions can leverage opportunities to expand into overseas markets, and how both sides can work together to improve bilateral cooperation.

Charge d’Affaires ad interim for the Mission of the People’s Republic of China to the European Union Wang Hongjian, a representative of the Commissioner for Internal Market, Industry, Entrepreneurship and SMEs Ms. Elzbieta Bienkowskaand European Commission Deputy Director-General for Implementation, Impact & Sustainable Investment Strategies Mr. Patrick Child delivered keynote speeches at the event.

As CEIBS President and Professor of Management Li Mingjun noted in his welcome address, 2019 is a critical year for the Europe 2020 Strategy, and technological innovation is now crucial for sustaining Europe’s economic growth. As Chinafurther opens its doors to the outside world, he added, EU countries will discover new opportunities to take innovative technology from the lab to the market. “We look forward to establishing a foundation for communication with this forum,” Prof. Li said. “And to building a lasting and stable platform for the integration of innovation resources between China and the EU.”

Bruegel Director Dr. Guntram B. Wolff also welcomed participants to the event with a speech in which he noted the need to reflect together on current opportunities and challenges. He further added that the topic of the forum is important because “[it stands at] the intersection of new digital technologies, artificial intelligence and quantum computing, on the one hand, and industrial processes, on the other hand, and manufacturing processes. This interlinkage is at the core of the business model certainly of several economies in the EU, but also as the core of significant parts of the Chinese economy.”

Charge d’Affaires ad interim for the Mission of the People’s Republic of China to the European Union Wang Hongjian then offered a keynote speech on Innovation Cooperation Offers New Highlights in China-Europe Cooperation. In his speech, Mr. Wang emphasised that China and the EU should be more open and inclusive in their cooperation on innovation, should further align their innovation policies to achieve mutual benefits and should work to make long-term strategic plans. “Looking ahead, China and the EU are faced with shared challenges which will reshape the future of humankind, such as climate change, the new technology revolution, resources and environment challenges,” he stated. “China and the EU, as two major players, are duty-bound to join forces with a mind-set of reform and innovation, and to make a greater contribution to world peace, development and prosperity.”

CEIBS Distinguished Professor, Former World Trade Organisation Director-General and Notre Europe Honorary President Pascal Lamy continued with the next keynote speech of the event, in which he discussed the topic of Sino-EU Cooperation Under the New International Economic Order. In his speech, Prof. Lamy emphasised the point that, despite current challenges and uncertainties, there remains ample space for China and the EU to work together in areas of research and innovation. “We have a series of areas where we are already [involved in a lot of] cooperation, [including] food, agriculture, biotech, the environment and health,” he said. “So there are many reasons to move forward and enhance or foster and increase cooperation – many of them domestic and many global. This is how we should look at this picture.”

Bruegel Deputy Director Dr. Maria Demertzis moderated the first session of the day on the topic of Research and Innovation: Competition or Cooperation in the EU-China Context? Shanghai Institutes for International Studies President Chen Dongxiao, CEIBS Vice President and Dean Ding Yuan, and Bruegel Senior Fellow Prof. Reinhilde Veugelers participated in the panel discussion, in which they took an in-depth look at how “co-opetition” (or co-operative competition) in the development of new technologies is acting as a driving force for the 4th Industrial Revolution and how complementary priorities and strategies represent bright prospects for EU-China cooperation.

Following the luncheon, EFMD CEO and Director General Eric Cornuel traced the history of CEIBS to Brussels as “the Heart of Europe” and reviewed some of its world-renowned achievements in academic innovation over the past 25 years. “There is no doubt that innovation is a catalyst for growth built on the foundation of creative drive, co-operation and openness,” Prof. Cornuel said, adding later that, “China and Europe more than ever should get closer and create a favourable environment for innovation, growth and mutual understanding. No doubt CEIBS is an instrument of this co-operation.”

CEIBS Associate Dean (Research) and Professor of Economics and Finance Xu Bin then delivered a keynote speech on China’s Innovation Potential and Its Global Implication. In his speech, Prof. Xu noted that China’s investment in innovation has led to situation in which “it is inevitable that advanced countries will have direct competition with China.” At the same time, he said that the country’s development has resulted in increased demand for services imported to China and that companies seeking to maintain a competitive advantage “should make more effort to specialise in variety, in quality, and in brand.”

CEIBS Board of Directors Co-chairman and EFMD Honorary Chairman Dr. Gerard Van Schaik moderated the second session of the day, in which he invited participants to join a discussion on the theme of Industrial Approaches in Innovation Cooperation Between China and EU. Panellists featured China-EU Association President Luigi Gambardella; WINNER Technology Co., Inc. President and CEO Mr. Zhang Hongjun (CEIBS EMBA 2013); and DFKI Robotics Innovation Center Bremen Director Prof. Dr. Dr. h.c. Frank Kirchner. During the course of the discussion, participants shared their views on key drivers, incentives and best practices for innovation, and offered suggestions on how China and the EU can work both independently and collaboratively to foster innovation in the future.

Today’s event was co-organised by CEIBS and Bruegel, with support from the EU-China Business Association, the EFMD, Shanghai Institutes for International Studies and the Mission of the People’s Republic of China to the European Union, as is part of the CEIBS Insights 2019 Europe Forum series. The Europe Forum Series coincides with the on-going CEIBS 25th Anniversary Celebration and will wrap up in October with events in both Paris and London. For more details about these and other upcoming CEIBS events, please visit our events page here.

 

SOURCE China Europe International Business School (CEIBS)

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Cannabis

48North Successfully Completes Planting at its 100-acre Outdoor Organic Cultivation Facility, Good:Farm

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48North Cannabis Corp. (“48North” or “the Company”) (TSXV: NRTH) is pleased to announce that it is has completed the planting of its first outdoor cannabis crop at its Good:Farm, Canada’s largest outdoor organic cannabis cultivation facility (3.7 million sq. ft. of cultivation space) in Brant County, Ont.

48North has successfully planted more than 250,000 cannabis seeds at Good:Farm. At the farm, 48North has planted 10 unique cultivars proven to be successfully grown outdoors; both high-THC and high-CBD strains were selected for planting. The Company expects two harvests annually at the Good:Farm. The first harvest is planned for late-August and will be exclusively the Company’s auto-flowering strains; the second harvest, of photoperiod plants is planned for mid-October.

Good:Farm, Canada’s first and largest outdoor organic cannabis facility, has the potential capacity to yield more than 40,000 kg of dried cannabis, at what 48North expects to be the lowest cost per gram in the country.

“Planting nearly 100 acres of organic cannabis outdoors was a significant accomplishment for the organization, relying on both established agricultural practices and innovative cannabis production techniques. Our team of expert farmers and growers ensured this ground-breaking task was a success,” said Jeannette VanderMarel, co-CEO of 48North.

48North has signed supply agreements for cannabis from its Good:Farm and other licensed production facilities, including:

  • An historic outdoor cannabis agreement with the Société Québécoise du cannabis for 1,200 kg of dried cannabis;
  • A supply agreement with the Alberta Gaming, Liquor and Cannabis agency for 2,460 kg of dried cannabis; and
  • A supply agreement with the Ontario Cannabis Store for 1,200 kg of dried cannabis.

To bring Canadians along on this journey, 48North is hosting a bi-weekly web series on Good:Farm. “See the Good” focuses on the challenges, opportunities and lessons learned on the path cannabis takes from seed to sale.

Good:Farm has a number of strategic advantages, including ultra-low-cost cannabis as well as environment-friendly and energy-efficient production. In addition, the farm’s production will help address the current national shortage of recreational cannabis.

ABOUT 48NORTH

48North Cannabis Corp. (TSXV: NRTH) is a vertically integrated cannabis company focused on the health and wellness market through cultivation and extraction, as well as the creation of innovative, authentic brands for next-generation cannabis products. 48North is developing formulations and manufacturing capabilities for its own proprietary products, as well as positioning itself to contract manufacture similar products for third parties. 48North operates Good:Farm, a 100-acre organic cannabis farm that is expected to produce more than 40,000 kg of organic, sun-grown cannabis, securing a significant first-mover advantage in the production of low-cost, next-generation, extract-based cannabis products. In addition, 48North operates two indoor-licensed cannabis production sites in Ontario. 48North cultivates unique genetics at its wholly owned subsidiary, DelShen Therapeutics Corp. (“DelShen”) and processes cannabis and manufactures next-generation cannabis products at Good & Green Corp. (“Good & Green”), both Licensed Producers under the Cannabis Act. 48North has a growing portfolio of brands that include Latitude, a women’s cannabis platform (explorelatitude.com); Mother & Clone, a rapid-acting sublingual cannabis nanospray (momandclone.com); and Avitas, a single-strain vaporizer cartridge (avitasgrown.com).

DISCLAIMER & READER ADVISORY

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the parties’ current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Forward-looking statements in this news release include statements relating to the business plan and future operations of the Company. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including the possibility that the business plan described herein will not be completed, that 48North may not derive the expected benefits from such business plans, or that applicable regulatory approvals will be obtained to carry out the activities contemplated herein. The business of the Company is subject to a number of material risks and uncertainties. Please refer to the Company’s SEDAR filings for further details. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the parties. The material factors and assumptions include the Company being able to obtain the necessary corporate, regulatory and other third-party approvals, and licensing and other risks associated with the Cannabis Act. The forward-looking information contained in this release is made as of the date hereof and the parties are not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

 

SOURCE 48North Cannabis Corp.

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