Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
Robinhood Expands Sports Event Contracts With Player Performance Wagers 
DULUTH, Minn., Sept. 20, 2016 -- IKONICS Corporation (Nasdaq:IKNX), a Duluth-based imaging technology company, announced its Phase II ribbon cutting scheduled for Thursday, September 22 at 3:00 pm on the site of the company’s 11 acre property in Morgan Park. The new, 27,300 square-foot structure contains a 20,500 square-foot production floor that houses the IKONICS Advanced Material Solutions (AMS) business unit in addition to offices and ancillary facilities. IKONICS AMS serves the aerospace and electronics markets. The new building is an addition to the 37,000 square-foot building built in 2009. According to IKONICS CEO, Bill Ulland, this expansion is part of the company’s long-term growth plan.
Duluth Mayor Emily Larson is scheduled to be on hand, along with several City of Duluth and DEDA officials. Johnson Wilson Contractors, general contractor for the project, along with LHB Engineers and other subcontractors are scheduled to attend the ribbon cutting, as are representatives from several local community groups.
Ribbon cutting will take place at IKONICS West, 2302 Commonwealth Avenue, Duluth, MN 55808. The public is invited to attend and tour the new facility.
News Contact: Bill Ulland Chairman, President & CEO (218) 628-2217
