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Berkshire Hathaway Inc. (BRK.B) is a diversified holding company with core operations and strategic investments across insurance, transportation, energy, and manufacturing sectors. This news hub provides investors with official updates from Omaha headquarters and subsidiary operations worldwide.
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American Dairy Queen Corporation has announced the launch of its new Signature Stackburgers™ menu, marking the most extensive product rollout in 20 years. This menu introduces five flavor varieties of cheeseburgers, crafted to enhance their hot food offerings and attract customers seeking diverse flavors. Each burger includes 100% seasoned real beef and various toppings, available at all DQ Grill & Chill restaurants in the U.S., except Texas. Leaders at ADQ express confidence that these additions will boost customer retention and satisfaction.
Mouser Electronics has been awarded the 2021 Distributor of the Year by Amphenol SV Microwave, recognizing their outstanding POS growth and teamwork. This accolade reflects the successful collaboration between the two companies and highlights Mouser's marketing creativity and business operations. Mouser has previously received multiple awards from Amphenol, showcasing a solid partnership over the years. The company continues to offer a wide selection of semiconductors and electronic components, enhancing its reputation in the industry.
Mouser Electronics is hosting a Drive-Thru Job Fair on April 2, from 8 a.m. to noon, at its headquarters in Mansfield, Texas, to recruit additional full-time employees. The company emphasizes its continuous growth and offers competitive pay, excellent benefits, and a supportive work environment. Job seekers can apply online and will be interviewed onsite. Mouser has not experienced layoffs since its inception in 1964, indicating its stable expansion in the electronic component distribution sector.
Mouser Electronics announces its ongoing sponsorship of the FIRST Robotics Competition, a program that promotes innovation and essential engineering skills among students. Since 2014, Mouser has supported FIRST events globally, including local and international competitions. This year, Mouser will co-sponsor the upcoming Texas UIL State Robotics Championships in April and continues its sponsorship of the Hall of Fame at the FIRST Championships. This initiative aligns with Mouser’s commitment to education and community development in STEM.
Berkshire Hathaway (NYSE:BRK.A; BRK.B) has announced its acquisition of Alleghany Corporation (NYSE:Y) for $848.02 per share in an all-cash transaction, valued at approximately $11.6 billion. This deal, approved by both boards, offers a 29% premium over Alleghany's average stock price over the past 30 days. Alleghany will maintain its operations independently while benefiting from Berkshire's financial strength. The acquisition is expected to close in Q4 2022, subject to stockholder and regulatory approvals.
Mouser Electronics is expanding its workforce at its headquarters in Mansfield, Texas, to enhance the North Texas job market. The company will host a Drive-Thru Job Fair on April 2, from 8 a.m. to noon, aiming to fill full-time positions. With over 3,000 employees globally, including about 2,000 in Mansfield, Mouser offers competitive salaries and benefits. The new Careers site simplifies the application process, reflecting the company's continuous growth since its inception in 1964, and it has never had employee layoffs.
Mouser Electronics, a Berkshire Hathaway company, has launched a new Purchasing Resource Library aimed at aiding electronics purchasing professionals. This platform provides a variety of articles and instructional videos on crucial topics, including innovations in electronics design and supply chain challenges. It features partnerships with leading manufacturers like Coilcraft and Analog Devices, offering insights on components such as inductors and ADCs. Overall, this resource enhances buyer capabilities by facilitating informed purchasing decisions, making it easier for professionals to navigate the evolving electronics landscape.
The Lubrizol Corporation has named Mary Rhinehart as interim president and CEO, effective immediately. Previously serving as the chair of Lubrizol’s board, she succeeds Chris Brown, who focused on safety and operational excellence since 2021. Rhinehart, also the president and CEO of Johns Manville, a Berkshire Hathaway company, has over 40 years of leadership experience. She will lead the search for a new CEO while continuing her role as board chair, aiming to enhance customer value and community support.
International Dairy Queen, through FountainVest Partners, is set to expand its presence in China by opening 600 DQ restaurants by 2030. The initial phase starts with 100 locations in 2022. This move aims to strengthen DQ's foothold in one of the fastest-growing markets for quick service restaurants (QSR). With over 1,100 existing DQ locations, the company has shown strong performance in the region, supported by innovative product offerings tailored to the local market.
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