Apple is wading into the middle of the battle for Toshiba’s memory-chip business. The Cupertino iPhone maker is in talks with Bain Capital to bid for the unit, in competition with a group that includes KKR & Co. and Western Digital Corp., according to people familiar with the matter. Bain had previously submitted a $19 billion offer with another group that included state-backed Innovation Network Corp. of Japan and Development Bank of Japan. Apple depends on flash memory from Toshiba in its iPhones and iPods and wants a continued supply so it’s not dependent on rival Samsung. “There are supply shortages of that type of memory,” Michael Walkley, an analyst with Canaccord Genuity.
NYS Entity Status
NYS Filing Date
MAY 02, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - MINNEWASKA MATERIALS & SUPPLY CORP.
Around the Web
- Apple in talks with Bain for Toshiba chip business
By Takako Taniguchi and Peter Elstrom - Thursday Aug 31, 2017
- Valero sues PG&E over power failure at Benicia refinery
Saturday Jul 1, 2017
Valero Energy Corp, the operator of the large refinery in Benicia, sued PG&E following an early May power outage at the plant, a representative said Friday.Valero in the suit is seeking damages of more than $75 million for damage to equipment, lost revenue and other damages following the emergency power shutdown, Reuters reported.Reuters reported that the lawsuit claims PG&E breached its contract with Valero when it allowed both the main and backup power supply to go down at the refinery at the same time, without notice.
- Marine Corps Plane Crash: The Victims
By THE NEW YORK TIMES - Thursday Jul 13, 2017
Family members and friends have begun identifying many of the 16 American service members who died on Monday when their plane crashed in rural Mississippi.
- AP Exclusive: Senator profits from outsourcing he slams
By BRIAN SLODYSKO, Associated Press - Thursday Jul 13, 2017
INDIANAPOLIS (AP) — An Indiana senator railed against Carrier Corp. for moving manufacturing jobs to Mexico last year, even as he profited from a family business that relies on Mexican labor to produce dye for ink pads, according to records reviewed by The Associated Press.Joe Donnelly, considered one of the nation's most vulnerable Democratic senators up for re-election next year, has long blasted free-trade policies for killing American jobs.For more than a year, Stewart Superior Corp. and its subsidiaries have been shipping thousands of pounds of raw materials to Mexico, where the company has a factory that produces ink pads and other supplies, according to customs records from Panjiva Inc., which tracks American imports and exports.Stewart Superior, which also has an operation in LaPorte, Indiana, says on its website that the company's Mexican factory "brings economical, cost competitive manufacturing and product development to our valued customers."During the 2016 presidential campaign, the Republican ticket of Donald Trump and Mike Pence, then Indiana's governor, made the plight of workers who would lose their jobs in the planned move by Carrier and its parent company, Connecticut-based United Technologies, a key part of their presidential campaign.
- Could the Rockaways Survive Another Sandy?
By LUIS FERRÉ-SADURNÍ - Thursday Jul 13, 2017
Residents are bracing for the worst, wondering whether measures taken so far are enough to keep devastation of the Queens community at bay.
- Harvey Techies Pass Baton, And APIs, To Florida Peers as Irma Nears
By Angela Shah - Friday Sep 8, 2017
Houston—As Tropical Storm Harvey made landfall in Houston, Florida resident Leah Halbina messaged friends in the city asking how she could help. That was how she found out about Sketch City and the various civic tech projects the group and others were developing to aid rescue efforts, help people find shelter, and tend to other […]