Five-college consortium announce gender and diversity programme on Transgender Day of…

first_imgAdvertisement Linkedin RELATED ARTICLESMORE FROM AUTHOR Roisin Upton excited by “hockey talent coming through” in Limerick Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Twitter WhatsApp Limerick Ladies National Football League opener to be streamed live Print TAGSGender Equality Enhancement Fund 2020Keeping Limerick PostedlimerickLimerick PostTDOVTransgender Day of Visibility center_img Email Facebook Limerick’s National Camogie League double header to be streamed live WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Previous articleMunster confirm signing of South African Jenkins and a host of new contractsNext article“There’s no second chances” – Irish Captain Ciara Griffin raring to go ahead of Six Nations opener Sarah Carrhttp://www.limerickpost.ie Donal Ryan names Limerick Ladies Football team for League opener A CONSORTIUM of five higher education institutions – Institute of Technology Carlow, Waterford Institute of Technology, Carlow College St Patrick’s Limerick Institute of Technology and Mary Immaculate College – has received funding from the HEA’s Gender Equality Enhancement Fund 2020 to roll out a gender identity and diversity training programme for staff in each of its colleges. IT Carlow will take the lead on the project entitled ‘The development and implementation of a gender identity, expression and diversity training programme for staff in Irish HEIs’. The project was awarded €30,000 from the HEA fund that was established to advance gender equality initiatives in Irish higher education.Sign up for the weekly Limerick Post newsletter Sign Up  The majority of the five partner institutions in the project are in the process of, or have already have developed, gender identity and expression policies and procedures.  The awarded programme is seen as contributing to ongoing progress in this area through dispelling gender stereotypes, enhancing and deepening awareness and capacity. The funding will be used to develop two distinct programmes: one for academic and professional management and support staff one for senior executive teams. Once piloted, the programme will be rolled out amongst the five partner institutions leading to the development and launch of a permanent resource that will be available for all staff. The programme will be delivered by ShoutOut, a charity that provides educational programmes in educational institutions in areas such as sexual orientation, gender identity and expression, and intersex identity. The announcement today of the gender identity and diversity training programme coincides with Transgender Day of Visibility (TDOV), established to show support of trans identities and reject transphobia. Institute of Technology Carlow will mark its solidarity and support for the trans community today by raising the flag associated with this day at the Haughton Building and by supporting a social media campaign that rejects transphobia.Colette Lane, Director of EDI and People, Institute of Technology commented, “We are delighted to have the opportunity to be able to develop and implement this training and very much appreciate the funding provided to enable us to achieve this”. LimerickNewsFive-college consortium announce gender and diversity programme on Transgender Day of VisibilityBy Sarah Carr – March 31, 2021 97 last_img read more

Plexus Buys into KMS

first_imgPlexus has made an investment of £735,000 to acquire a 49% interest in KMS, a precision engineering business focused on the oil and gas industry. The transaction is said to be in line with management’s strategy to position Plexus as an IP-led company based around its POS-GRIP friction grip method of engineering with a design, development and now a machining capability.KMS was founded in 2001 and manufactures parts used in harsh and demanding subsea environments within the oil and gas industry. KMS supplies a range of blue-chip international clients, including Schlumberger, Halliburton, GE Oil & Gas, NOV and Weatherford.Post the sale of its niche wellhead exploration equipment services business for jack-up applications to TechnipFMC in February 2018, Plexus is focused on commercialising and exploiting its existing IP as well as developing new POS-GRIP-enabled products either organically or with partners such as TechnipFMC, with whom the company has entered into a collaboration agreement.It is anticipated that KMS will provide Plexus with additional means by which to machine bespoke equipment for new applications and technologies as well as for R&D testing, and will potentially enable Plexus to more effectively supply specific markets.Plexus is acquiring its 49% interest in KMS by means of a subscription for new shares in KMS. KMS intends to use the proceeds from the Transaction to expand existing capacity and fund other growth initiatives. For example, KMS has recently acquired a new large bore machine which has already resulted in a significant expansion in capacity. KMS intends to use circa £310,000 of the proceeds arising from Plexus’ investment, in settlement for this piece of machinery. Under the terms of the transaction, Plexus will be entitled to future distributions/dividend payments which would provide an annual return on Plexus’ investment, subject to KMS’ profitability, in addition to any capital appreciation in the value of Plexus’ 49% shareholding in KMS. An additional cash payment of up to £150,000 may be payable by Plexus to the current owners of KMS, subject to the future performance of KMS in the year to 31 December 2018.Plexus’ CEO Ben Van Bilderbeek said, “As a highly experienced engineering company based in Aberdeenshire with a blue-chip customer base, KMS shares many similarities with Plexus. We already have first rate IP in the form of our POS-GRIP technology, and now thanks to today’s transaction, we are further able to support our programme to expand the application of our proprietary technology throughout the oil and gas supply chain and beyond into areas such as geothermal and decommissioning. Having established our jack-up exploration wellhead business as the dominant supplier to the North Sea HP/HT market, we know the challenges companies operating in the sector face. Therefore, we look forward to working with and supporting the KMS team going forward, as we look to grow our business substantially over the coming years.“last_img read more