Texas Capital Bancshares Inc
Change company Symbol lookup
Select an option...
TCBI Texas Capital Bancshares Inc
IBB iShares Nasdaq Biotechnology ETF
NEP Nextera Energy Partners LP
FRAN Francesca's Holdings Corp
CDTI CDTi Advanced Materials Inc
UBER Uber Technologies Inc
MTX Minerals Technologies Inc
PRGS Progress Software Corp
CODA Coda Octopus Group Inc
WAB Westinghouse Air Brake Technologies Corp
Go

Financials : Banks | Small Cap Growth
Company profile

Texas Capital Bancshares, Inc. is a bank holding and a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank). It offers a range of loan, deposit account and other financial products and services to its customers. It offers a range of products and services for its business customers, including commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; medium- and long-term tax-exempt loans for municipalities and other governmental and tax-exempt entities; wealth management and trust services, and letters of credit. It also provides banking services for its individual customers, including personal wealth management and trust services; certificates of deposit; interest-bearing and non-interest-bearing checking accounts; traditional money market and savings accounts; loans, both secured and unsecured, and Internet banking.

Postmarket

Last Trade
Delayed
$38.75
0.23 (0.60%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$38.52
Day's Change
1.21 (3.24%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
38.84
Day's Low
37.15
Volume
(Heavy Day)
Volume:
464,851

10-day average volume:
341,646
464,851

Syngenta Group Opens World-Class Manufacturing Plant in Switzerland

7:45 am ET September 2, 2020 (BusinessWire) Print

Syngenta Group today opens its first major manufacturing facility since the formation of the Group in June 2020. This step marks a major strategic investment in the Group's Crop Protection business. It is also an important building block in the Group's overall strategy to drive growth, upgrade delivery and continue market leadership in crop protection. The plant had formerly been operated by pharmaceutical company Novartis and 70 employees will be retained within Syngenta Group.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200902005558/en/

Erik Fyrwald, Syngenta Group CEO: "We are proud to announce the launch of our newly acquired world-class facility in Muttenz today. This investment enhances our crop protection strategy of accelerating growth and demonstrates our confidence in our crop protection innovation pipeline. It also reinforces our commitment to Switzerland."

The new 23,000 square metre site in Muttenz provides several highly flexible, multi-purpose production lines to develop new ingredients and intermediates. It is located near the Group's technical development center in Munchwilen, which will facilitate the transition of new products from pilot plant to full scale manufacture.

"This acquisition further reinforces Switzerland's role at the center of our new technology introductions globally. This multipurpose asset is ideal for supporting highly technical production processes, and the location of the new plant fits perfectly into our existing portfolio. We had recognized the need for additional manufacturing capacity to support the introduction of new products, so we are pleased that we can positively address this now," says the Head of Syngenta Group's Crop Protection business, Jon Parr. "In these challenging times, we are especially pleased to be able to protect jobs and welcome 70 highly-skilled existing plant employees. We look forward to benefiting from their deep expertise in the future." While the transfer of ownership took place on September 1, 2020, operations are scheduled to commence in Q1, 2021.

The acquisition also demonstrates Syngenta Group's ongoing endeavors to amplify its strong presence in Switzerland, where the Group is headquartered. The entire crop protection development pipeline in Switzerland is to be strengthened by this strategic purchase. Syngenta Group is confident that Switzerland will remain a reliable location for the Group, as an innovative company: from headquarters to R&D and manufacturing, offering good and flexible working conditions and open borders for the import of raw materials, its workforce and for exporting goods. The Muttenz site will be a key contributor to the achievement of high sustainability standards in the Group's operations, supporting the overall Group goal of reducing its carbon footprint by at least 50%, reducing water intensity by 20%, and reducing waste intensity by 20%, all by 2030

About Syngenta Group

Syngenta Group is one of the world's leading agriculture innovation companies, with roots going back more than 250 years. Its 48,000 people across more than 100 countries strive to transform agriculture through breakthrough products and technologies that play a vital role in enabling the food chain to feed the world safely, sustainably and with respect for our planet. Swiss headquartered and Chinese-owned, the Group draws strength from its four business units - Syngenta Crop Protection headquartered in Switzerland, Syngenta Seeds headquartered in the United States, ADAMA headquartered in Israel, and Syngenta Group China - that provide industry-leading ways to serve customers everywhere.

Data protection is important to us. You are receiving this publication on the legal basis of Article 6 para 1 lit. f GDPR ("legitimate interest"). However, if you do not wish to receive further information about Syngenta Group, just send us a brief informal message and we will no longer process your details for this purpose. You can also find further details in our privacy statement.

Cautionary Statement Regarding Forward-Looking Statements

This document may contain forward-looking statements, which can be identified by terminology such as "expect," "would," "will," "potential," "plans," "prospects," "estimated," "aiming," "on track" and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. For Syngenta Group, such risks and uncertainties include risks relating to legal proceedings, regulatory approvals, new product development, increasing competition, customer credit risk, general economic and market conditions, compliance and remediation, intellectual property rights, implementation of organizational changes, impairment of intangible assets, consumer perceptions of genetically modified crops and organisms or crop protection chemicals, climatic variations, fluctuations in exchange rates and/or commodity prices, single source supply arrangements, political uncertainty, natural disasters, and breaches of data security or other disruptions of information technology. Syngenta Group assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200902005558/en/

SOURCE: Syngenta Group">

Contact Information 
Media Relations
media@syngentagroup.com
comtex tracking

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.