Callan JMB Inc

News & Events zu Callan JMB Inc (CJMB)

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CJMB-News

CJMB-Events

8/11 08:30

Callan JMB and Alabama State University Form Strategic Joint Venture with $60M Investment

Callan JMB, Bia Power Systems and Alabama State University announced a strategic joint venture to establish an advanced transformer and electrical-equipment manufacturing and assembly operation in Brewton, Alabama. The project represents an anticipated investment of approximately $60M and is expected to expand domestic production capacity for equipment serving the nation's rapidly growing power-infrastructure needs. The manufacturing operation is planned for an ASU-owned facility in Brewton and is expected to support electric utilities, data centers, industrial operators, renewable-energy developers and other infrastructure customers across North America. At full planned capacity, the venture is projected to support more than $150M in annual manufacturing revenue, with commercial sales targeted to begin within nine months following groundbreaking. For Callan JMB, the venture advances the strategy established through Callan Power, the company's wholly owned subsidiary focused on energy resilience, grid reliability and the domestic manufacturing of transformers and other critical electrical equipment. The initiative also extends Callan JMB's experience in logistics, critical supply chains, infrastructure and preparedness into a market facing sustained equipment shortages, long procurement timelines and increasing demand.

7/16 09:30

Callan JMB Forms Strategic Partnership with Alabama State University

Callan JMB announced a strategic partnership with Alabama State University to support the development of an integrated pharmaceutical manufacturing ecosystem designed to strengthen domestic pharmaceutical production, enhance supply chain resilience, advance workforce development, and improve national medical preparedness. Under the agreement, Callan JMB will provide operational infrastructure, including logistics, regulatory compliance, and warehousing services, and will receive 21% of the gross revenue generated by qualifying manufacturing operations. Management estimates the initiative could represent a potential $414M five-year revenue opportunity for the company, with potential annual revenues reaching approximately $105M. "This partnership represents far more than a new business opportunity-it reflects our vision for the future of healthcare infrastructure in the United States," said Wayne Williams, CEO of Callan JMB. "As demand grows for secure domestic pharmaceutical manufacturing and more resilient supply chains, we believe integrated operational platforms like the one we are developing with Alabama State University will become increasingly important. Together, we have the opportunity to create an ecosystem that could bring manufacturing, logistics, regulatory compliance, workforce development, research, and distribution together in one location, creating a model that could help reshape how critical pharmaceutical products are developed, manufactured, and delivered in the United States".

7/8 17:30

Callan JMB Forms Strategic Partnership with Alabama State University

Callan JMB announced a strategic partnership with Alabama State University to support workforce development, applied research, and industry collaboration at Atlas Complex by Callan JMB. The collaboration brings together one of Alabama's universities with the Atlas Complex, the company's planned 150-acre pharmaceutical and medical logistics campus in Marion, Alabama.

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