Stanley Black & Decker shifts sourcing strategy as battery demand grows | Supply Chain Dive

Dive Brief:

Dive Insight:

Lithium producers and battery makers have struggled to match production to the soaring demand from electric vehicle makers and other companies that depend on the metal for rechargeable batteries.

Chemicals company Allkem saw spot prices of lithium chemicals reach “new records” following supply deficits due to skyrocketing demand in China, Chief Sales and Marketing Officer Christian Cortes told analysts last month.

“It’s a very, very tight supply market and as result of this we are seeing a very, very rapid increasing pricing,” he said.

Energizer said it plans to raise battery prices after confronting high costs for lithium and other raw materials. The battery maker will also keep an elevated safety stock for the “foreseeable future” as labor challenges and issues sourcing raw materials continue to make supply volatile, President and CEO Mark LaVigne told analysts Feb. 7.

A rapid expansion in industries electrifying their products pushed Sunlight Group Energy Storage Systems, a global producer of industrial batteries, to expand investment in lead recycling methods and is looking at ways to recycle lithium.

“We are investing in new product lines and increasing capacity across our plants in Europe and North America to meet this demand,” Todd M. Sechrist, CEO and President of Sunlight Batteries USA, said in an email. 

Stanley Black & Decker is also investing in innovation to add capacity — the company’s venture capital arm contributed to a $5.7 million investment funding round for 3-D lithium ion battery company Prieto Battery in August, according to a press release.

The company also introduced a power stack battery system in November using lithium-ion pouch cells instead of cylindrical cells, which are in higher demand because of their use in automobiles, CEO Jim Loree said during the company’s Q3 earnings call. Innovation projects worth approximately $200 million are also currently in the works.

“We are continuing to invest in innovation, manufacturing, automation, inventory, and our supply chain to meet the strong demand in the near-term and fuel sustainable growth over the medium and long-term,” Loree told analysts this month.

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Albuquerque’s Jordan Pacheco coming home as Isotopes hitting coach – Albuquerque Journal

Jordan Pacheco is coming home.

After hanging up the cleats on a 14-year professional baseball career, Pacheco on Friday was announced as the new hitting coach of the Triple-A Albuquerque Isotopes, reuniting him with Colorado Rockies organization that drafted him in 2007 after a standout career at the University of New Mexico. 

It also brings the 35-year-old Pacheco back to Albuquerque, where he was a standout at La Cueva High School before going on to become one of the most prolific players in Lobo history. 

Pacheco and the Isotopes were expected to hold a formal introductory press conference on Friday afternoon at Rio Grande Credit Union Field at Isotopes Park. 

With the Isotopes, not only will Pacheco be linking up once again with the Rockies organization he was affiliated with for just over seven of his 14 professional seasons, but also with close friend and fellow 2007 Rockies draftee Warren Schaeffer, the Isotopes manager. 

“We were drafted in ’07 with the Rockies together, came up in the minor leagues together,” Schaeffer told the Journal in a June interview about his close relationship with Pacheco. 

“He’s a s great guy.”

He can hit a little, too. 

Pacheco hit .384 with 25 home runs, 145 RBIs, 59 doubles and eight triples with the Lobos over three seasons from 2005-07. He was the 2007 Mountain West Conference Player of the Year ahead of his being drafted in the 9th round by the Rockies that summer. 

He played this past season with the Lexington Legends of the Atlantic (independent) League in Kentucky. He hit .370 in 39 games for the Legends.

In his six MLB seasons with the Rockies, Arizona Diamondbacks and Cincinnati Reds, he hit .272 over 377 games while playing primarily first base (119 games), third base (97) and catcher (59). 

And now that he and Schaeffer are together again in Albuquerque, Pacheco can share with his good friend advice on all the Albuquerque hot spots. And fortunately for Pacheco, Schaeffer, as the hot, up-and-coming star in the Rockies organization on the coaching side of the organization, won’t need to borrow a car anymore to go see them all. 

“We were playing Triple-A together (in Colorado Springs in either 2010 or 2011) and he went somewhere during the all-star break and he lent me his brand new blue (Ford) Explorer,” Schaeffer told the Journal in June. “I said, ‘I’ll take care of this, man. I promise.’ It was for like, two or three days to let me get around Colorado Springs. 

“I went to the mall and parked it away from every other car. I came out and there were five cop cars around and somebody crashed right into the side of it and totaled it. I couldn’t believe it.”

Though he never coached Pacheco at UNM, recently retired Lobo baseball coach Ray Birmingham, who was hired in 2008, the year after Pacheco was drafted, has always spoke highly of the New Mexico native and what he meant to the sport in Albuquerque and across the state of New Mexico. 

When asked about Schaeffer over the summer, Birmingham told the Journal that knowing of the Isotopes manager’s relationship with Pacheco was all he needed to know.

“Well, his best friend is Jordan Pacheco,” Birmingham said. “Jordan Pacheco’s a hard-nosed fighter, man. He’ll get after you. He wants to win. And the bottom line is winning.”

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The Best Kang the Conqueror Comics of All Time!

Ten stories highlighting Kang the Conqueror at his best and worst!

Debuting all the way back in 1964, the time-traveling Kang the Conqueror is a bedrock villain in the Marvel Universe, frequently clashing with the Avengers but still possessing a rich history throughout the wider Marvel Universe, spinning off variants, divergents, and time paradoxes along the way. With Kang, played by Jonathan Majors, recently appearing in Disney Plus’ Loki series and set to appear again in the upcoming Ant-Man and the Wasp: Quantummania, the character is posed to breakout in a big way – possibly even as the “Thanos” of the Marvel Cinematic Universe’s fourth phase of films (and beyond).

But with nearly sixty years of accumulated adventures, it’s easy to be overwhelmed by the character’s long (and often complex) history. Here then is a guide to the best Kang stories, the ones which showcase the core attributes of the character, define who he is and what he wants, or simply have a lot of fun with the character and his propensity for time travel shenanigans!

Kang reading order

Avengers reading order

Strange Tales #134

Kang’s first appearance in Avengers #8 is fairly standard Silver Age faire (Avengers was not where Stan Lee and Jack Kirby did their best work…), with the villain briefly besting the Avengers before being bested himself, in part, by teen sidekick Rick Jones and his gang of ham radio enthusiasts (“ham radio enthusiasts” play a surprisingly big role in a lot of early Marvel stories). For something that better showcases the wackiness of the Silver Age and Kang’s early schtick, check out Strange Tales #134, in which Kang decides to conquer the “present” by conquering the past.

To wit, he travels back to Arthurian England and captures Merlin, defeats King Arthur, and gives the Knights of the Round Table sophisticated weaponry to serve as his army of domination. The Fantastic Four’s Human Torch and Thing are sent back in time by the Watcher (once more breaking his vow to just, you know, watch), and with the help of a freed Merlin, send Kang packing. It’s just the right mix of goofy and fun, and serves as the sort of “platonic ideal” of the notion of Kang as time-traveling warlord. Plus, it features some lush inks from Wally Wood and, at only twelve pages long (thanks to Strange Tales being a series split into two stories per issue at the time), is briskly paced.

Avengers #23-24

The first big Kang epic to take place in Avengers (prior to this story, Kang followed up his first appearance by…sending a robot Spider-Man to attack the Avengers, because Stan Lee presumably wanted a cover where the Avengers are fighting Spider-Man), this story features the second “official” incarnation of the Avengers, colloquially known as “Cap’s Kooky Quartet.” Kang transports Captain America, Quicksilver, Scarlet Witch and Hawkeye to his native 40th century, hoping to impress the princess of a rival kingdom with whom he’s fallen in love, Ravonna Renslayer, by defeating the Avengers.

When this fails to impress her, he conquers her father’s kingdom. But when he spares the lives of Ravonna and her father, his subordinate commanders rebel and turn on Kang, forcing him to team-up with the Avengers he previously defeated in order to defend Ravonna and her kingdom. Densely plotted, the story humanizes Kang, giving him both a “soft spot” in his villainous persona and a character, Ravonna, that will become an integral part of his story going forward. The art in the story, from Don Heck, can be an acquired taste, and Ravonna’s last second reversal doesn’t age very well, but this is nevertheless one of the definitive Kang tales.

Avengers #69-71

Less a Kang-driven story than a story in which Kang is a participant, this is nevertheless another exceptionally fun Silver Age joint and pseudo Marvel/DC Comics crossover. Driven to resurrect Ravonna, Kang enters into a game with the cosmic Grandmaster: should Kang win, he gains power over life and death. Should the Grandmaster win, he will destroy the Earth. Kang chooses the Avengers for his champions, while the Grandmaster creates the Squadron Sinister, villainous analogs to the Distinguished Competition’s Justice League.

Along the way, the Avengers battle Kang’s Growing Man (a frequent tool of the villain), travel through time, and meet the World War II era Invaders for the first time. Filled with twists, turns, and the kind of “victory on a technicality” resolutions that make these kinds of “games with a cosmic being” stories so much fun, the conclusion represents another significant development for Kang, as he finds himself unable to overcome the worse angels of his nature.

“The Celestial Madonna” (Avengers #123-125, #129-135 and Giant-Size Avengers #2-4)

Meandering and long-winded while featuring some inconsistent art, “Celestial Madonna” is nevertheless one of the signature Kang stories. Kang’s obsessed with identifying and marrying the Celestial Madonna, a being prophesied to mother the powerful Celestial Messiah (who, through his marriage to the Madonna, Kang would then be able to control). Kang targets the Avengers, believing the Madonna to be either Scarlet Witch, new member Mantis, or Scarlet Witch’s mystical teacher, Agatha Harkness.

The resulting story unfolds in the form of a trip through Avengers history, as writer Steve Englehart retcons past stories, ties up lingering questions about a variety of characters, and doles out tragedy before concluding with a pair of very odd weddings, the repercussions of which will echo through Avengers history. Through it all, Kang is the driving antagonist force, attempting to outwit his past (and future) selves while besetting the Avengers with foes ripped from history, all in his quest for ultimate power.

Avengers #143

Having written the (at the time) definitive Kang story in “Celestial Madonna”, Steve Englehart, nearing the end of his run as Avengers scribe, returns to the character for one last story, intended at the time to be the last Kang story. Hitting similar beats to Strange Tales #134, by sending Kang to the past (in this case, the American Old West) in an effort to conquer the future, Kang is confronted in Avengers #143 by a trio of time-traveling Avengers (Hawkeye, Thor, and Moondragon), as well as a team of various gunslinger/cowboy characters culled from Marvel’s 50s-era Western titles. Featuring some dynamic & inventive panel layouts and page construction from George Perez, it is worth reading just to see how the (ultimately ill-fated) attempt to craft the “final” Kang story plays out.

Avengers #267-269

Nobody stays dead when it comes to serial action-adventure comics, and sure enough, Kang would return following Englehart’s attempt to write out the character once and for all. And it’s a good thing he did, because this little three-parter, coming in the middle of the acclaimed Roger Stern/John Buscema Avengers run, is my all-time favorite Kang story. By this point in time, Kang’s existence as the chronological mid-point in the life of one person who appears as multiple characters across the Marvel Universe (Rama-Tut, Kang, Immortus) is well-established, and this story puts him in direct conflict with Immortus, the established “end-point” of Kang’s personal chronology and master of the timeless realm of Limbo.

Starting off with the destruction of New York by an atom bomb before revealing the “Council of Kangs,” a group comprised of the various divergent Kangs created from Kang’s time traveling and concluding with a Kang-on-Kang-on-Immortus battle, it’s everything that’s great about Kang stories: time-travel and alternate reality shenanigans, his love for Ravonna, and fighting his destiny in the physical form of future selves, all wrapped up in a tight three issue story lushly illustrated by John Buscema and Tom Palmer.

Avengers Forever #1-12

Kang’s fight to control his own destiny and remain a master of time comes to a head here. Much like “Celestial Madonna”, Avengers Forever is both a signature Kang story and a romp through Avengers history. Marvel continuity guru Kurt Busiek writes an epic tale which assembles a disparate team of Avengers plucked from various points in history and sends them, alongside Kang, hurtling through time, revisiting key moments in their history and their interactions with Kang (including several stories mentioned in this article).

Over the course of the resulting “Destiny War,” a cosmic battle involving Kang, Immortus, and the Time Keepers over the Forever Crystal builds to a climax of exciting fist-pumping moments featuring an army of divergent Avengers, all depicted via the energetic pencils of Carlos Pacheco at the height of skills. Ultimately, Avengers Forever is a history lesson, a cosmic adventure, and a great Kang story all rolled into one.

“Kang Dynasty” (Avengers (vol. 4) #41-55, Avengers Annual 2001)

For the final arc of his acclaimed run on Avengers, Kurt Busiek brings back Kang in a story that really underscores the character’s appellation of “Conqueror.” Launching an all out assault on the planet from his sword-shaped space station Damocles Base, Kang essentially conquers Earth, razing Washington, D.C. to the ground and imprisoning the Avengers after they fail to stop him. Even after mounting a counterattack with some inside help from Kang’s son, the Scarlet Centurion, the fate of the world comes down to a one-on-one battle Captain American and Kang.

Rarely has the scale of Kang’s attacks and goals been this large, and while that was one of the story’s failings as it unfolded in real-time – his conquest is so far reaching, it becomes absurd that more characters in the Marvel Universe don’t get drawn into it, but the story was originally published at a time in which Marvel was more reluctant to do crossovers between series – reading it today in a vacuum removes that concern. For sheer scale and a depiction of Kang as a larger-than-life threat which requires the utmost efforts from the Avengers to defeat him, “Kang Dynasty” can’t be beat.

Young Avengers #1-6

A fun twist on the usual Kang dynamic: whereas Kang often railed against Immortus, his older, future self, in the opening arc of Young Avengers, a younger version of Kang flees his own destiny and inadvertently causes the creation of the Young Avengers, a group of teenagers inspired to varying degrees by specific Avengers. Young Kang, hoping to stop himself from becoming one of the Avengers’ signature villains and finding himself enjoying the camaraderie of his companions, joins the group, piloting a sophisticated suit of armor, as “Iron Lad.” Eventually his adult self comes calling and the “adult” Avengers get involved, leading to a battle between Iron Lad and Kang. Though Iron Lad’s efforts to prevent the rise of Kang ultimately prove unsuccessful, his actions help create a new generation of Avengers.

Earth’s Mightiest Heroes: “The Man Who Stole Tomorrow” / “Come the Conqueror” / “The Kang Dynasty”

The criminally-underrated animated series Avengers: Earth’s Mightiest Heroes features some of the best adaptations of classic Avengers stories, and the series’ three part Kang trilogy is no exception. A mix of “Kang Dynasty” and Avengers #23-24, this story renders Kang as an eerie, almost ethereal presence, capturing the scale and menace of a character who has mastered both time and the martial arts, and features the same kind of “overcoming desperate odds to secure victory” turns by the Avengers that define their best encounters with the villain. While the MCU’s live-action Kang holds plenty of promise, it won’t be easy to match the feat of adaptation on display here.

The post The Best Kang the Conqueror Comics of All Time! appeared first on Comic Book Herald.

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Money donated by Will Smith movie production to workers in Cartagena is “lost”

Actor Will Smith’s visit to Cartagena in 2018 was quite an event. For two weeks, several areas of the historic city center were paralyzed by the presence of the actor and the production team for the film Gemini Man, directed by Ang Lee.

Streets and areas usually frequented by thousands of tourists from all over the world were closed during the filming. During those days, hundreds of street vendors, who make their livelihood by selling all kinds of products to tourists, were left without the possibility of working.

To compensate for the lack of income, the film’s production company made a payment of 100 million Colombian pesos (about $25,000) to the city’s mayor’s office for distribution among 600 vendors for the days they had no income.

Depending on their activity, each seller would receive between 200 and 400 thousand pesos (between $50 and $100).

More than three years later, it was learned this money never reached the beneficiaries. The Colombian Attorney General’s Office is investigating the local government entity in charge of delivering the money to merchants for irregularities in the process.

According to the oversight of the public space — the entity that monitored the process — only 26 vendors received money.

“Some were given 50,000 pesos ($13) and those who were luckier were given 100,000 pesos ($25),” María Rocha Pacheco told the Colombian newspaper El Tiempo.

Although this type of scandal is not new in the city and country, the fact that the name of a foreign superstar is involved has given it more notoriety, even more for the charisma of the actor, who enchanted “cartageneros.”

Will Smith sang and danced traditional rhythms of the country, such as cumbia and champeta, and visited the most emblematic places of the city. During the almost 20 days he was in the city, Smith shared with his millions of followers on social media each of his stops and many posts went viral.

His fascination for the city and its inhabitants led him to donate the money to build a children’s playground in the Getsemaní neighborhood, one of the most emblematic at the city center, with a great historical importance due to its importance in the independence of the city and its Afro heritage.

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Jay White has Walked Through the Forbidden Door | AEW Dynamite, 2/9/22

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Sri Lanka Secures $1.5 Billion Chinese Loan

In this file photo taken on July 23, 2020, the Chinese flag flies behind barbed wire at the Chinese Consulate General in San Francisco. Philip Pacheco / AFP
In this file photo taken on July 23, 2020, the Chinese flag flies behind barbed wire at the Chinese Consulate General in San Francisco. Philip Pacheco / AFP

Sri Lanka and China have signed a $1.5 billion currency swap deal, the island nation’s central bank said Tuesday, as it struggles with a major foreign exchange crisis and debt repayments.

Colombo had been negotiating for months to secure credit from China — its largest single source of imports — as the island’s foreign reserves plummet amid the pandemic.

Chinese influence in the South Asian nation has been growing in recent years, through loans and projects under its vast Belt and Road infrastructure initiative, raising concerns among regional powers and Western nations.

READ ALSO: Germany To Enter Strict Easter Shutdown Amid ‘New Pandemic’

The Central Bank of Sri Lanka said the three-year swap arrangement for 10 billion yuan with the People’s Bank of China was “with a view to promoting bilateral trade and direct investment for the economic development of the two countries”.

Officials said talks were also underway to secure another $700 million from the China Development Bank.

Sri Lanka’s economy was already reeling from the deadly 2019 Easter bombings, with the coronavirus epidemic and lockdowns further weighing on growth.

The economy contracted by a record 3.9 percent last year.

Foreign reserves fell to $4.5 billion in February from $8.0 billion a year ago, despite Sri Lanka banning the import of luxury goods and vehicles as well as some food commodities.

Under former President Mahinda Rajapaksa between 2005 and 2015, Colombo borrowed billions from China, accumulating a mountain of debt for expensive infrastructure projects.

Rajapaksa returned to power as prime minister in 2019, after his brother Gotabaya Rajapaksa was elected president.

Sri Lanka was forced to hand over its strategic Hambantota port on a 99-year lease to a Chinese company in 2017 after Colombo said it was unable to service the $1.4 billion debt from Beijing used to build it.

AFP

CHANDRALEKHA Serial | Episode 2104 | 11th Feb 2022 | Shwetha | Jai Dhanush | Nagashree | Arun

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