Flex Wins Multiple 2021 Manufacturing Leadership Awards

Company is honored for projects to create protective masks and ventilators in response to Covid-19, and for simulation technology enabling manufacturing excellence

PR Newswire

SAN JOSE, Calif., March 15, 2021 /PRNewswire/ — Flex (NASDAQ: FLEX) today announced that it is a winner of three Manufacturing Leadership Awards for its outstanding achievement in Collaborative Innovation, Operational Excellence and Enterprise Integration & Technology. These annual awards are sponsored by the National Association of Manufacturers.

In the Collaborative Innovation category, Flex was honored for its ability to quickly and effectively set up 12 manufacturing lines in 10 locations across the world in order to produce face masks to keep its employees safe. By relying on a connected network of experts, suppliers, vendors and employees, Flex was able to quickly create the infrastructure and processes needed to produce1.5 million masks per week. Before the end of the 2020, Flex had produced more than 62 million masks for its employees and the communities supporting them.

In the Operational Excellence category, Flex was honored for a project that produced ventilators in order to help fill the gap in a global shortage brought on by the Covid-19 pandemic. Flex delivered its first patient-ready ventilator in just six weeks, and manufactured more than 50,000 ventilators between April and December of 2020, making Flex the largest non-captive manufacturer of ventilators in the world – all from a company with extensive experience in medical products, but had never manufactured a ventilator before the pandemic started.

In the Enterprise Integration and Technology category, Flex was honored for using simulation technology to create a digital twin of an existing factory in order to optimize the manufacturing process of a Class II diabetes product. By implementing the simulation, this project reaped multiple benefits in the areas of operations, technology and project management. 

“Flex employees are incredibly talented, resilient and committed. When thousands of our employees around the world work together on projects like the ones we’re being recognized for, incredible things result.” said Paul Baldassari, executive vice president at Flex. “We are incredibly grateful to the National Association of Manufacturers for recognizing Flex and shining a spotlight on these projects.”

About the Manufacturing Leadership Awards
The Manufacturing Leadership Awards honor manufacturing companies and individual manufacturing leaders that are shaping the future of global manufacturing. Winning projects and individual manufacturing leaders have demonstrated achievement in one of a wide range of categories, and are chosen by a panel of expert judges for results that have delivered clear and compelling value, return on investment, and other tangible outcomes. There will be several winners in each category, including one High Achiever’s Award in each project category, as well as a 2021 Manufacturer of the Year for both small and large enterprises. Also unveiled at the gala will be the ML Awards Manufacturing Leader of the Year and Lifetime Achievement Award winners.

For more information on the Manufacturing Leadership Awards, please go to https://mlawards.manufacturingleadershipcouncil.com/.

About the National Association of Manufacturers

The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.25 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of all private-sector research and development in the nation. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States.

The NAM’s world-class staff of policy experts provide unmatched access and information on the key issues affecting your business and bottom line. We are on the front lines of a wide range of policy battles, from immigration reform and labor relations, to energy and the environment, to trade policy and taxes. At every turn, we are working on behalf of manufacturers in America to advance policies that help manufacturers do what they do best: create economic strength and jobs.
www.nam.org 

About Flex
Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets.


Investors & Analysts


David Rubin

Vice President, Investor Relations
(408) 577-4632
[email protected]

Media & Press
Mark Plungy
Director, Corporate Public Relations
(408) 442-1691                                                          
[email protected]

 

 

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Asepeyo and Unión de Mutuas award Lleida.net two registered electronic notification contracts

PR Newswire

MADRID, March 15, 2021 /PRNewswire/ — Spanish public health companies Asepeyo and Unión de Mutuas have awarded two contracts to Lleida.net (BME:LLN) (OTCQX:LLEIF) (EPA:ALLLN), which will use the company’s service to reliably manage communications with their customers.

From now on, both mutuals will use Lleida.net’s services to notify any type of information to their members and clients.

These two new contracts confirm the growing trend that shows that public administrations are increasingly using electronic notification services provided to communicate with citizens.

At this point, Lleida.net is now the official provider of registered electronic communications for public companies all over the world, including the national postal services of the United Arab Emirates, Colombia, South Africa and Zambia.

“The contracts signed with Asepeyo and Unión de Mutuas point that Lleida.net’s technology is starting to gain ground among public administrations,” Sisco Sapena, CEO and founder of the company, said.

“In the same way as private companies, the public sector has started to replace classic methods with electronic notification and contracting procedures such as those developed and patented by Lleida.net,” he added.

According to Lleida.net’s own analysis, the penetration of certified electronic communications services by governments could increase fourfold by 2021.

Asepeyo, Mutua Colaboradora con la Seguridad Social, has an own extensive organisation present in all the autonomous communities and more than 3,300 professionals on its staff.

Among its delegations, it has 142 care centres, four hospitals, five rehabilitation centres, two occupational health and safety centres and 15 customer service offices.

The Unión de Mutuas is present in ten Autonomous Communities in Spain.

Lleida.net, which is traded on OTCQX in New York, Euronext Growth in Paris and BME Growth in Madrid, is the European leader in its industry.

The company offers its services to numerous companies in the financial, banking and insurance sectors, as well as to public administrations.

Lleida.net’s market cap is around eighty million euros. 

With 100 employees, is one of the European leaders in the registered electronic notification, contracting and signature industry.

It holds more than 203 patents in e-contracting and e-notification, and its intellectual property portfolio is one of the largest in the industry worldwide.

Four of these patents have been granted by the Spanish authorities themselves.

With more than 3,000 shareholders, the company, which has operations in 19 countries, has become the leading European player in the sector in recent years.

Today, its patented methods are recognised as valid for certifying legal notifications in procurement processes by authorities in more than 70 countries. 

Contact:

The Paloma Project, Media,
[email protected],
+356 7946 7486,
https://Lleida.net

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SOURCE Lleida.net

Prospect Capital Corporation Continuous Preferred Stock Offering Proceeds Exceed $50 Million Since Initial Closing

NEW YORK, March 15, 2021 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”), announced today that our continuous preferred stock offering of up to 40,000,000 shares of Series A1, M1, and M2 with a $1 billion aggregate liquidation preference (the “Preferred Stock”) has raised $60.9 million in aggregate principal amount since the initial closing in the quarter ending December 31, 2020.

“We have experienced strong investor demand in the market for this preferred stock investment providing capital protection, valuation stability, steady cash contractual income, and uncapped liquidity,” said Grier Eliasek, President and Chief Operating Officer of Prospect Capital Corporation. “We are pleased with the early success of our $1 billion preferred stock offering from a wide range of individual and institutional investors.”

The Preferred Stock has a stated annual dividend rate of 5.5%, paid monthly.  The Preferred Stock is senior in the capital structure to over $3.4 billion of our common stock. The Preferred Stock is perpetual and convertible into our publicly traded common stock at the preferred investor’s discretion (with conversions occurring twice per month, subject to certain conditions and fees that decline to zero over time).   

This press release is for informational purposes and is not an offer to purchase or sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The Offering is being made only by means of the prospectus supplement and the accompanying prospectus, copies of which may be obtained by writing to Preferred Shareholder Services at 3284 Northside Parkway NW, Suite 150, Atlanta, GA 30327.

About Prospect Capital Corporation

Prospect Capital Corporation is a business development company that focuses on lending to and investing in private businesses. Prospect’s investment objective is to generate both current income and long-term capital appreciation through debt and equity investments.

Prospect has elected to be treated as a business development company under the Investment Company Act of 1940 (“1940 Act”). Prospect is required to comply with a series of regulatory requirements under the 1940 Act as well as applicable NASDAQ, federal and state rules and regulations. We have elected to be treated as a regulated investment company under the Internal Revenue Code of 1986.

Caution Concerning Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, whose safe harbor for forward-looking statements does not apply to business development companies. Any such statements, other than statements of historical fact, are highly likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under our control, and that we may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from any forward-looking statements. Such statements speak only as of the time when made, and we undertake no obligation to update any such statement now or in the future.

For further information, contact:
Grier Eliasek, President and Chief Operating Officer
[email protected]
Telephone (212) 448-0702 

 



New Brand Honest to Goodness™ Launches A Line Of Coffee Creamers With A Mission to Give Back To Communities Where Its Ingredients Are Sourced

The new purpose-driven creamers with globally-inspired flavors are now available nationwide via Amazon, Fresh Direct, and select retailers

BROOMFIELD, Colo., March 15, 2021 (GLOBE NEWSWIRE) — Honest to Goodness™ announced today its launch as a purpose-driven creamer brand, offering a delicious line of plant-based coffee creamers crafted with thoughtfully sourced ingredients from around the world. The new brand’s initial product line includes three mouthwatering flavors – Madagascan Vanilla Bean, Unsweetened Madagascan Vanilla Bean, and Himalayan Salted Caramel – that bring a smooth and richly flavorful experience that people can feel good about with every sip.

Honest to Goodness was founded on a mission to support local communities where its ingredients are sourced and bring a more conscious, purpose-driven creamer to market. Proudly part of the B Corp™ movement, Honest to Goodness is on a journey to make a lasting, measurable positive impact on the communities where its ingredients are grown, starting with our vanilla, and doing it all with straight up honesty.

As part of the brand’s commitment to transparent practices, Honest to Goodness tapped up-and-coming Malagasy filmmaker and photographer, Geoffrey Gaspard, to capture an intimate look at the journey of the brand’s vanilla sourcing practices, and impact on the Malagasy community who make the Honest to Goodness mission possible. Geoffrey traveled to the northeast coast of Madagascar to visit the Tambatra, a community-owned cooperative created with support from the Livelihoods Funds, where the brand intends to source its vanilla by the end of the year.

Geoffrey’s vibrant photo series, titled “Our Madagascar Vanilla Bean Story,” showcases the ingredient journey of vanilla into Honest to Goodness creamer – from seed, to sip.

“As a Malagasy native photographer, my work is centered around uplifting my local communities through filmmaking and imagery. I was honored to partner with Honest to Goodness to tell the story of their journey in Madagascar, given our local communities are such an integral part of their ingredient story,” said Geoffrey. “When brands value thoughtful sourcing it makes a real difference–and this story hit home personally with me.”

Through its partnership with EARTHDAY.ORG’s, The Canopy Project in Madagascar, Honest to Goodness works with local tree planting partners to directly engage with the community to promote agroforestry best practices, environmental literacy, and economic development.

“We partner with like-minded brands and companies to bring environmental and societal impact at scale to remote communities and villages where ingredients are commonly sourced, and where the people and the planet deserve care and dedication,” said EARTHDAY.ORG’s Business Development Manager, David Van Siclen. “Every acre planted through this program will not only help restore degraded forests but aim to provide meaningful income to local Madagascar families.”

From its thoughtfully sourced practices to economic development efforts, Honest to Goodness is steeped in its dedication to do good by the people and by the planet. By planting thousands of trees in partnership with EARTHDAY.ORG, the brand is helping to create ongoing opportunities for employment, and ultimately these reforestation projects help stabilize landscape erosion, increase groundwater retention, and offset carbon emissions.

“In creating Honest to Goodness, we were passionate about developing a unique plant-based creamer that tastes delicious, and also gives back to the planet and regions where we source our ingredients,” said Olivia Sanchez, VP of Marketing for Coffee Creamers at Danone North America. “We are on a mission to bring goodness to your coffee cup, and when you sip our globally-inspired flavors, know that we are committed to making measurable, positive impact in the communities where our high-quality ingredients are grown.”

Honest to Goodness coffee creamers single serve (16oz.) flavors are now available via Amazon Fresh and Fresh Direct at $3.99 each. Global Variety Packs are available via Amazon.com and priced at $12.00 per pack. Flavors include:

  • Madagascan Vanilla Bean blends real vanilla beans from Madagascar with coconut oil and almondmilk to give coffee drinkers velvety, smooth goodness in their morning mug.
  • Unsweetened Madagascan Vanilla is perfect for coffee drinkers who enjoy the taste of real vanilla without the added sweetness, and no sugar.
  • Himalayan Salted Carame
    l combines thoughtfully sourced coconut oil, almonds and an indulgent caramel flavor along with salt from the Himalayas for added depth.

Visit Honest to Goodness’ website www.honestogoodness.com and Instagram @honestogoodness to learn more about its coffee creamer flavors and the brand’s purpose.

About Honest to Goodness

Our brand is on a mission to bring goodness to your coffee cup. Honest to Goodness is part of the B Corp movement, and is a coffee creamer line dedicated to giving its consumers a delicious taste experience they can feel good about. Crafted with simple, high-quality ingredients thoughtfully sourced from around the world — from the island of Madagascar to the hills of the Himalayas – Honest to Goodness is on a journey to make a real, measurable impact in the communities where its ingredients are grown. Honest to Goodness coffee creamers are dairy-free, vegan, lactose-free, gluten-free, carrageenan-free, and non-GMO project verified. To learn more about Honest to Goodness and its mission, please visit www.honestogoodness.com.

About Danone North America 

Danone North America is a purpose-driven company and an industry leader in the food and beverage category. As a Certified B Corporation®, Danone North America is committed to the creation of both economic and social value, while nurturing natural ecosystems through sustainable agriculture. Our strong portfolio of brands includes: Activia®, DanActive®, Danimals®, Dannon®, evian®, Happy Family® Organics, Honest to Goodness™, Horizon® Organic, International Delight®, Light + Fit®, Oikos®, Silk®, So Delicious® Dairy Free, STōK™, Two Good®, Vega®, Wallaby® Organic and YoCrunch®. With more than 6,000 employees and 14 production locations across the U.S. and Canada, Danone North America’s mission is to bring health through food to as many people as possible. For more information, visit www.danonenorthamerica.com. For more information on Danone North America’s B Corp™ status, visit: https://bcorporation.net/directory/danone-north-america .

Julia Fasano
Praytell
203-383-9357
[email protected]

Carolyn P. Sklar
Honest to Goodness
908-578-3090
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cc328124-c4a2-4f6f-b2f8-10c977c2a569



Wolters Kluwer Legal & Regulatory U.S. Names Rich Hollister as Vice President of Sales and Business Development

His experience and customer insights will support the company’s acceleration to drive expert solutions for legal professionals

PR Newswire

NEW YORK, March 15, 2021 /PRNewswire/ — Wolters Kluwer Legal & Regulatory U.S. today announced Rich Hollister’s appointment as Vice President of Sales and Business Development, effective immediately.

As a veteran of the legal industry, Hollister brings decades of experience managing sales organizations that serve law firms as well as corporate legal, government, and law school markets. In his new role, Hollister will lead the LRUS sales and customer success organization, drive sustained and robust revenue growth, and deliver increased value to customers. Hollister will report to Dean Sonderegger, head of Wolters Kluwer Legal & Regulatory U.S.

“As we accelerate the development of expert solutions for legal professionals, we are continuing to find new ways to help our customers innovate their workflow and deliver more value,” said Sonderegger. “Rich brings a wealth of experience driving successful sales organizations within the industry, and his deep understanding of the legal landscape will support our efforts to serve the evolving needs of our customers. We are very excited to have him join the team.”

Hollister has successfully managed sales organizations of various sizes throughout his career and has grown sales teams from a several million dollars to over $100 million. His sales management expertise has helped companies transform their sales teams to create scalable, repeatable, and predictable sales processes.

“In the wake of the pandemic, the legal industry is experiencing unprecedented changes, and Wolters Kluwer is well-positioned to provide legal professionals with the solutions they need to adapt in a quickly evolving landscape,” said Hollister. “I am excited to join the team at Wolters Kluwer Legal & Regulatory U.S. as we work to meet our customers’ needs.”

Hollister earned an MBA from Rensselaer Polytechnic Institute and holds a B.S. degree in Marketing from Binghamton University School of Management.  

About Wolters Kluwer Legal & Regulatory U.S.

Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and healthcare services; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

Wolters Kluwer reported 2020 annual revenues of €4.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,200 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

For more information about Wolters Kluwer Legal & Regulatory U.S., visit www.WoltersKluwerLR.com, follow us on Facebook, Twitter and LinkedIn.

MEDIA CONTACT:
Linda Gharib
Director, Brand & Communications
Wolters Kluwer Legal & Regulatory U.S.
Tel: +1 (646) 887-7962
Email: [email protected] 

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SOURCE Wolters Kluwer Legal & Regulatory U.S.

Marriott Bonvoy’s Portfolio Of Collection Brands Propels Its Global Footprint Forward With Nearly 70 Distinctive Hotels Expected To Open In 2021

From Tasmania to Tennessee, The More Than 350-Strong Independent Hotel Offering is Poised to Capture Consumer Demand as Desire for Experiential Stays is Expected To Build

PR Newswire

BETHESDA, Md., March 15, 2021 /PRNewswire/ — Marriott International announced a major milestone in its Marriott Bonvoy portfolio of independent hotel brands, with the opening of the 200thAutograph Collection hotel, the 50thTribute Portfolio hotel, and the anticipated opening of the 120thLuxury Collection hotel. Together, all three Collection brands are expected to expand their global footprint to nearly 70 new locations in 2021, including 24 new market entries, as the Marriott Bonvoy portfolio continues to respond to consumer demand for more tailored experiences that suit the needs of today’s traveler.

The Collection brands are focused on offering consumers a range of independent properties with unique stories inspired by their destination, and providing owners access to all the benefits of the Marriott system while retaining their hotel’s individuality. 

In the current travel environment, data reflects that travelers continue to be interested in more individualized and experiential stays offered by hotels such as those in the Collections portfolio. Research from Tripadvisor about consumer behaviors during the past year demonstrates quicker than average recovery in clicks on hotels with the words “boutique,” “luxury,” “quaint,” “romantic” and “charming” in their description.1 Social media analysis conducted on behalf of Marriott saw a significant year-over-year2 uptick in searches such as “architecture” + “tells a story” (+155%), “piece of history” + “hotel” (+100%); and “storytelling” + “building” +”design” (+322%).

“We know guests are seeking to immerse themselves in the richness of the locale, to discover what defines the destination, and to experience one-of-a-kind hotels,” said Tina Edmundson, Global Brand & Marketing Officer, Marriott International. “This has become increasingly important over the past year, as those who are waiting to travel are counting down the days until they make memories on the road again. Our Collection brands provide travelers with these truly authentic experiences, enveloped in the convenience and amazing benefits of being part of the Marriott Bonvoy portfolio.  With new travel opportunities on the horizon, we look forward to welcoming guests to our distinctive properties in key cities and resort destinations around the world.”

Autograph Collection Makes its Mark with Impressive Growth

A leader in the soft brand space, Autograph Collection was created in 2010 with just seven hotels. The brand’s compelling approach allows hotels to retain their independence, while enjoying all the benefits of being part of the Marriott Bonvoy suite of offerings. Hand-selected for their inherent craft and distinct perspectives on design and hospitality, Autograph Collection hotels offer rich immersive moments that leave a lasting imprint.

Fitting for a brand committed to restoring historic landmarks, the 200th Autograph Collection hotel is the former 16th Century Palazzo, Grand Universe Lucca, Autograph Collection, in Lucca, Italy. Known as the city of 101 churches, Lucca is located in the heart of Tuscany, at the foot of the Apuan Alps and less than half an hour’s drive from the Versilia Coast. Overlooking two of the most beautiful piazzas in Lucca, the 55-guestroom boutique hotel, complete with nine unique suites, is perfectly situated for discovering the stunning city.

Autograph Collection is slated to bring its unique perspective on hospitality to more travelers in 2021, with 48 hotels anticipated to join the Collection before the end of the year in exciting locations around the world – from picturesque ski resorts, to vibrant European capitals, to all-inclusive beach destinations.

Slated to open in spring 2021 on Jackson’s historic Town Square, The Cloudveil, Autograph Collection in Jackson Hole, Wyoming, will draw upon the town’s signature Western style, while bringing understated luxury and a refined, yet relaxed sensibility to the valley. Muir, Autograph Collection (meaning ‘the sea’ in Gaelic) is expected to warmly welcome guests to a distinctly Nova Scotian experience in Halifax in summer 2021, with a ‘Born of this Place’ design mentality and unprecedented oceanfront views and location. Located in the heart of Montreal, Humaniti Hotel Montreal, Autograph Collection is expected to open this spring as a beacon of modernity in one of North America’s most historic cities. The property will boast 193 light-filled guestrooms and suites, distinct dining concepts celebrating Quebec’s famed culinary culture, a scene-stealing rooftop pool, tranquil spa, fitness center and more.

Looking to Europe, The Marmorosch, Autograph Collection in the Romanian capital of Bucharest is set on the site of a former palace and bank built at the end of La Belle Époque, reflecting the era’s dynamic, optimistic and creative edge. This energy and rich heritage is pulled through in its 217 guestrooms and suites, which are expected to begin welcoming guests in early summer 2021.

In China, taking its inspiration from a distinctive landscape and unique history, CAST Nanjing, Autograph Collection, will pave the way to an original experience celebrating the radical juxtaposition of its locale, with an expected opening in spring 2021. Set on the site of a century-old cement factory, at this 110-room hotel guests will be invited to feel and experience the contrast between concrete materiality and lush greenery in a space where history, nature, and culture are infused into a vibrant and inspiring journey. Select guestrooms feature a private hot spring.

Other locations where Autograph Collection expects to open its doors in 2021 include Singapore, Seoul, Berlin, Antwerp and Istanbul. Nineteen of Autograph Collection’s expected hotel openings in 2021 will be immersive getaways under Marriott’s new all-inclusive platform in locations in Mexico, the Dominican Republic, Jamaica, St. Lucia, Antigua and Costa Rica.  

Tribute Portfolio Brings Vibrant Social Scenes to New Markets

Tribute Portfolio is a growing global family of independent characterful hotels, drawn together by their passion for captivating design and their drive to create vibrant social scenes for guests and locals alike. The brand expects to continue its expansion in 2021 with 15 new properties planned to open in locations across the globe, taking the brand from the buzzing streets of Chattanooga to the picturesque beaches of Ibiza.

Tribute Portfolio welcomed its 50th hotel in March, when The Kinley Chattanooga Southside, A Tribute Portfolio Hotel became the second Kinley hotel to join the portfolio. The hotel will deliver Kinley’s signature down-to-earth, locally inspired and unpretentiously hip hospitality experience right in the heart of the city’s entertainment district. Guests will be able to feel Tribute Portfolio’s passion for vibrant social scenes while connecting with friends old and new at Company, the hotel’s speakeasy bar; browse items at the hotel’s curated retail outlet; and enjoy its one-of-a-kind art collection from all-female Chattanoogan artists.

This summer, Tribute Portfolio is expected to make its debut in Ibiza, Spain, an iconic island famed for its social scenes. Situated on the water’s edge and with a hidden oasis garden concept, Hotel Riomar, Ibiza, A Tribute Portfolio Hotel, where River (Rio) meets Sea (Mar), brings balance and serenity through a harmonious connection with nature. Located on the shores of Santa Eulalia Bay, the hotel is surrounded by the White Isle’s crystal-clear waters on one side and idyllic rolling landscapes on the other.  

Across the Pacific, The HIYORI Chapter, A Tribute Portfolio Hotel is slated to open in summer 2021 in beautiful Kyoto, Japan as the tenth Tribute Portfolio hotel in Asia. The 203-room hotel, located in Kawaramachi Nijo, on the banks of the Kamo River, will act as an immersive cultural base in dialogue with the historic and rich beauty of its surroundings. A destination with truly unique experiences, at the HIYORI Chapter, guests from near and far will be invited to craft their own story and live like a local on a journey of exploration. 

Other locations where Tribute Portfolio plans to welcome hotels to the portfolio in 2021 include Washington D.C., USA; Atlanta, USA; Seville, Spain; and Shenzhen, China.

The Luxury Collection Promises Authentic Experiences in New Destinations

A collection of unique and legendary properties, The Luxury Collection represents hotels that define the destination, offering authentic and indigenous experiences that evoke lasting and treasured memories.

The Luxury Collection anticipates debuting its 120th hotel, Matild Palace, A Luxury Collection Hotel, in Budapest, Hungary this spring. The 130-room Matild Palace boasts a distinctive ambience representative of its Hungarian heritage, which is unmistakable from the moment guests step through its doors. Developed under the patronage of Her Imperial and Royal Highness Maria Klotild of Saxe-Coburg and built in 1902 by famous Hungarian architects Kálmán Giergl and Flóris Korb, the iconic property is listed as a UNESCO world heritage site and is under monumental protection. The award-winning MKV Design transformed Matild Palace for today’s luxury traveler with Hungarian-influenced design elements and artwork referencing Budapest literature. Combining luxurious surroundings with authentic experiences and lasting memories, Matild Palace will serve as the gateway to exploring magical Budapest.

Matild Palace is one of four hotels The Luxury Collection expects to debut in 2021, including its first-ever hotel in Tasmania with The Tasman, a Luxury Collection Hotel, in Hobart. Slated to open in fall 2021, the highly anticipated hotel will boast 152 luxuriously appointed guestrooms and suites residing in repurposed heritage buildings in Parliament Square. The brand also expects to expand its footprint in Asia this spring with Josun Palace, A Luxury Collection Hotel, in Seoul, South Korea. Originally built in 1914 as one of Korea’s first hotels, Josun Palace will draw on its legacy of craftsmanship and customized service to reaffirm its position as the hotel of choice for dignitaries, celebrities and royalty alike. Located in the Gangnam district of central Seoul, Josun Palace will feature 254 guest rooms, five food & beverage outlets and a wellness club.

“At a time like no other for the hospitality industry, we’re proud to be opening our hotel as a member of The Luxury Collection,” said Mr. Metehan Özyer, Board Member of Özyer Group, owner of Matild Palace, A Luxury Collection Hotel. “Being part of the portfolio has given us the opportunity to preserve this beautiful landmark and create a truly unique guest experience, all while being supported by Marriott International’s infrastructure and industry-leading expertise. We look forward to welcoming guests through our doors in 2021 and beyond.”

Independent Experiences with Marriott Bonvoy Benefits

With the Marriott Bonvoy portfolio’s three-tier collection strategy, independent hoteliers have more options to gain access to the travel program’s more than 147 million members and strong distribution channels, whether through a new build or conversion hotel. Conversions, which have long been a part of the Marriott International growth story, continue to be appealing to the owner and franchisee community as owners seek out the power of Marriott’s brands and programs. 

Guests at these properties can earn and redeem Marriott BonvoyÔ points during their stays and enjoy all the benefits of staying as a member. All Collections properties are required to follow Marriott International’s Commitment to Clean policy, developed at the outset of the COVID-19 pandemic in collaboration with top experts in food and water safety, hygiene and infection prevention and hotel operations. According to research by the American Hotel & Lodging Association (AHLA), 81% of travelers are more comfortable staying at hotels with “safe stay” cleaning and safety protocols implemented3.

Marriott Bonvoy’s Collection brands currently include iconic hotels around the world, such as The Chatwal, A Luxury Collection Property, New York City; Cotton House Hotel, Autograph Collection, Barcelona; and The Great Northern Hotel, A Tribute Portfolio Hotel, London.


Note on forward-looking statements:
 
This press release contains “forward-looking statements” within the meaning of U.S. federal securities laws, including expected hotel openings, demand trends for certain types of stays, travel experiences and product types; recovery trends and expectations and similar statements concerning anticipated future events and expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including those we identify below and other risk factors that we identify in our U.S. Securities and Exchange Commission filings, including our most recent Annual Report on Form 10-K. Risks that could affect forward-looking statements in this press release include the duration and scope of COVID-19, including the availability and distribution of effective vaccines or treatments; its short and longer-term impact on the demand for travel, transient and group business, and levels of consumer confidence; actions governments, businesses and individuals have taken or may take in response to the pandemic, including limiting or banning travel and/or in-person gatherings or imposing occupancy or other restrictions on lodging or other facilities; the impact of the pandemic and actions taken in response to the pandemic on global and regional economies, travel, and economic activity, including the duration and magnitude of COVID-19’s impact on unemployment rates and consumer discretionary spending; the ability of our owners and franchisees to successfully navigate the impacts of COVID-19; the pace of recovery when the pandemic subsides or effective treatments or vaccines become widely available; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps we and our property owners and franchisees have taken and may continue to take to reduce operating costs and/or enhance certain health and cleanliness protocols at our hotels; the impacts of our employee furloughs and reduced work week schedules; our voluntary transition program and our outher restructuring activities; competitive conditions in the lodging industry; relationships with customers and property owners; and the availability of capital to finance hotel growth and refurbishment. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of the date of this press release, and undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

For images of all of the properties featured in this release, please click HERE.

Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 7,600 properties under 30 leading brands spanning 133 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy™, its highly-awarded travel program. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram.

About Autograph Collection Hotels 
Autograph Collection Hotels advocates for the original, championing the individuality of each of its 200+ independent hotels located in the most desirable destinations across more than 30 countries and territories. Each hotel is a product of passion and a personal realization of its individual founder’s vision, making each hotel singular and special: Exactly Like Nothing Else. Hand-selected for their inherent craft and distinct perspectives on design and hospitality, Autograph Collection hotels offer rich immersive moments that leave a lasting imprint. For more information, please visit www.autographhotels.com, and explore our social media channels on Instagram, Twitter, and Facebook to be inspired by immersive moments that are #ExactlyLikeNothingElse.  Autograph Collection Hotels is proud to participate in Marriott Bonvoy™, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit MarriottBonvoy.marriott.com. 

About Tribute Portfolio  
Tribute Portfolio is a growing global family of characterful, independent hotels drawn together by their passion for captivating design and their drive to create vibrant social scenes for guests and locals alike. With nearly 50 hotels open around the world, Tribute Portfolio has struck a chord with those who seek out independent experiences and crave a connection with the community when traveling. From boutique resorts like Inn at Rancho Santa Fe in California and urban hotels such as The Vagabond Club in Singapore; to hotels in indie-spirited locales like Noelle in Nashville and The Slaak in Rotterdam, each Tribute Portfolio hotel celebrates its individuality, offering travelers a fresh, often colorful, perspective. Stay with character and stay connected on Instagram, Twitter and Facebook. Tribute Portfolio is proud to participate in Marriott Bonvoy™, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit MarriottBonvoy.marriott.com. 

About The Luxury Collection® Hotels & Resorts

The Luxury Collection®, part of Marriott International, Inc., is comprised of world-renowned hotels and resorts offering unique, authentic experiences that evoke lasting, treasured memories. For the global explorer, The Luxury Collection offers a gateway to the world’s most exciting and desirable destinations. Each hotel and resort is a unique and cherished expression of its location; a portal to the destination’s indigenous charms and treasures. Originated in 1906 under the CIGA® brand as a collection of Europe’s most celebrated and iconic properties, today The Luxury Collection brand is a glittering ensemble of nearly 120 of the world’s finest hotels and resorts in more than 35 countries and territories. All of these hotels, many of them centuries old, are internationally recognized as being among the world’s finest. For more information and new openings, visit theluxurycollection.com or follow Twitter, Instagram and Facebook. The Luxury Collection is proud to participate in Marriott Bonvoy™, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit MarriottBonvoy.marriott.com.

1 TripAdvisor with Phocuswright, November 2020https://www.tripadvisor.com/InfoCenterV6?ctr=covid19_whitepaper_november2020&cja=12525324&cjp=8157578&cjs=ki94x1ug50027ti30047g
2
2020 vs. 2019
3 AHLA with Morning Consult, August 2020https://www.ahla.com/sites/default/files/Survey_Frequent%20Travelers%20View%20on%20Hotel%20Cleaning%20and%20Safety%20Initiatives.pdf

 

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SOURCE Marriott International, Inc.

PEOPLE EN ESPAÑOL’s Poderosas Virtual Conference Announces Program Highlights and Inspiring Panel Lineup Focused on Empowering Latinas

Poderosas Virtual Conference provides attendees with the opportunity to learn from the industry’s top experts in entrepreneurship, leadership, finance, health, and wellness through engaging digital experience.

PR Newswire

NEW YORK, March 15, 2021 /PRNewswire/ — Meredith Corporation’s (NYSE: MDP: Meredith.com) PEOPLE EN ESPAÑOL invites the career-minded Hispanic community to continue celebrating Women’s History Month through its Poderosas Virtual Conference aimed at empowering and educating Latinas. With this year’s theme highlighting the growth of Latina power through the years, this highly anticipated virtual event is free on March 26th beginning at 8PM EST and will have a chat live function for a more interactive experience. Registration is available HERE.

Celebrity panelists joining this year include Reggaeton & Latin Urban music stars Natti Natasha, Farina, La Duraca and Cazzu, Content Creator & TV Presenter Carolina Sandoval, CEO of JRE Enterprises Rosie Rivera, Actress & TV host Adamari López, Entrepreneur & New York Times Best-selling Author Nely Galán, among others.

Here’s what to look forward to at this year’s Poderosas Virtual Conference:

  • Gender Equality in Urban Music – An empowering conversation with some of the most talented women in Reggaeton & Latin Urban music: Natti Natasha, Farina, La Duraca, and Cazzu, moderated by PEOPLE EN ESPAÑOL’s Entertainment Editor Carole Joseph. The eye-opening session will showcase their continued journey to gender equality and proper representation in such a competitive male-dominated industry.
  • The Power to Empower: Women Changing the World by Giving Others a Voice – An in-depth discussion showcasing the importance of mentorships and becoming true community changemakers by empowering others. This intimate panel features People en Español’s ‘Ahijada and Madrina’ winners (goddaughter and godmother) including Actress & TV host Adamari López and her goddaughter Angie Benítez, along with this year’s “25 Most Powerful Women” winner Mariangie Bras – who is admired for her work helping children with cancer in Puerto Rico through the organization Fundación CAP.
  • New Recipes for Entrepreneurship Success: The Next Generation of Latino Visionaries – An enriching conversation with a power-group of Latino entrepreneurs who showcase how they’ve built their business from the ground up and share their secrets to outsmart unexpected challenges, along with mastering the art of winning. Panel speakers include Celebrity Makeup Artist & Founder of cosmetics brand Artist Couture Angel Merino; Healthy Chef & Restaurateur Michelle Posada; and Natalie Molina Niño, Investor (builder capitalist), Entrepreneur, and Author of the book, Leapfrog, The New Revolution for Women Entrepreneurs.
  • Health is Wealth: Strategies to Prioritize Yourself & Improve Your Life – CEO of JRE Enterprises Rosie Rivera and Content Creator and Presenter Carolina Sandoval reveal the key to reaching your full potential by sharing tips to take control of your mental, physical and spiritual health, while emphasizing the importance of self-care for overall success and happiness.
  • Five Powerful Career Advancements Habits for Professional Women – The industry’s fearless trailblazers including Independent Journalist & CBS News Contributor María Elena Salinas, Univision Senior Vice President of Human Resources Roxanna Flores and CEO of Red Shoe Movement Mariela Dabbah open up about the challenges they’ve faced throughout their careers, secrets to equating failures to learnings and tips on self-mastery.
  • Don’t Buy Shoes, Buy Buildings! Invest like a Self-made Women and Make Money While You Sleep – Entrepreneur & The New York Times Best-selling Author Nely Galán shares her personal journey to becoming a self-made go-getter by saving, investing, and dreaming bigger. During the motivating session, she’ll highlight tips on reaching financial freedom and working smarter rather than harder.

Planned Parenthood Federation of America is thrilled to return as a sponsor for this year’s festivities.

Recognized as one of the nation’s largest Hispanic radio entity, Spanish Broadcasting System (SBS) is also excited to join as a media partner.

ABOUT PEOPLE EN
ESPAÑOL

PEOPLE EN ESPAÑOL was launched in 1996 as a special issue and today has become the top-selling Hispanic magazine in the United States. Published nine times a year, PEOPLE EN ESPAÑOL reaches an audience of 7 million every month with its editorial mix of Hispanic and popular entertainment, fashion and beauty trends and compelling human-interest stories. PEOPLE EN ESPAÑOL delivers original editorial content that captures the values, contributions and impact of today’s Hispanics in the United States. The brand’s social media footprint includes 1.4 million followers on Twitter, over 4.2 million “Likes” on Facebook and 3.5 million followers on Instagram. For daily news, photos, exclusive behind-the-scenes video and celebrity scoops, visit www.peopleenespanol.com and follow PEOPLE EN ESPAÑOL on Twitter at @peopleenespanol. Related link: http://www.peopleenespanol.com

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SOURCE Meredith Corporation

TCS Expands Ohio Footprint with Plans to Hire 800+ Employees

Tata Consultancy Services’ Growing Presence Drives Expansion of STEM and Computer Science Education Programs for Local Schools

PR Newswire

CINCINNATI, March 15, 2021 /PRNewswire/ — Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, announced plans to expand its operations in Ohio by hiring more than 800 local employees at its Seven Hills Park campus outside of Cincinnati and other offices across the state by 2022, to meet the evolving needs of its customers.

Additionally, to meet the increasing demand for IT talent and address local community needs, TCS will invest more than USD $518 million in Ohio over the next two years and expects to double participation in its award-winning STEM and computer science K-12 education programs by 2022.  

“This investment in the greater Cincinnati region demonstrates TCS’ commitment to training and growing Ohio’s workforce,” saidOhio Governor Mike DeWine. “TCS’ plan to double its commitment in STEM programs will positively impact the lives of young Ohioans and prepare them to enter this growing industry.”

“I’m pleased that Tata Consultancy Services will be furthering its investment in Ohio’s world-class workforce with this new investment in the Cincinnati and Columbus regions, which will create more than 800 new jobs,” said Senator Rob Portman. “The kind of STEM education TCS provides is essential for ensuring our students get the skills to fill the jobs of today and tomorrow, and I am proud to support these kinds of efforts to help develop the innovators and the workforce our economy needs to thrive. I want to thank TCS for their commitment to helping our teachers develop a truly 21st century educational curriculum.”

“The pandemic changed the way companies view technology, requiring them to demonstrate their purpose and value to consumers. Our strong relationships with the greater Cincinnati business community ensure that we will continue to deliver innovative transformation solutions to meet evolving customer expectations,” said Surya Kant, Chairman of North America, TCS. “Ohio is also an integral location for TCS to recruit and train the best local talent and our dedication to provide STEM and computer science education to local schools demonstrates our commitment to the local community.”

“Ohio has an outstanding partner in TCS, which launched its North American STEM education efforts in Cincinnati more than ten years ago,” said J.P. Nauseef, President and CEO, JobsOhio. “As a global leader in IT consulting, TCS can grow wherever it chooses in the North American market, and it chose to expand and bring 800 new jobs to Ohio.”

TCS’ Cincinnati center, one of 30 locations the company has in the U.S., serves more than 160 customers across the state of Ohio and has hired 1,337 employees locally since 2017. Furthermore, TCS hired 244 students from local universities in Ohio for jobs across the U.S. over the last five years, including 18 area graduates in 2020 who participated in a virtual internship program.

Investing in the Future:

According to Code.org, Ohio currently has more than 12,000 open computing jobs, two times the average job demand rate in the state. However, only 42 percent of all public high schools teach foundational computer science courses, and teacher preparation programs in Ohio did not graduate a single new teacher prepared to teach computer science as recently as 2018.

With its roots in volunteering and community engagement, TCS recognizes the need for STEM and computer science education in schools across Ohio and the nation. TCS launched its first nationwide STEM curriculum called goIT for local K-12 schools in Cincinnati back in 2009. The program focuses on design thinking, problem solving and career readiness, and has engaged more than 30,000 students across the country. Since 2014, goIT has positively impacted nearly 1,900 students in Ohio, and is closely connected to TCS’ Seven Hills Park Bringing Life to Things™ IoT Lab. The goIT program is on track to nearly double participation in Ohio over the next year.

TCS’ Ignite My Future in School program, a pioneering, transdisciplinary approach for K-12 education designed to embed computational thinking into core subjects such as math, science, arts, and social studies, has empowered 1 million students and nearly 20,000 teachers in the U.S. In Ohio, the program has benefited more than 4,500 students with plans to double participation over the next five years by hosting annual teacher trainings.

Evolving Customer Expectations:

In the wake of COVID-19, companies have been forced to embrace new ways of doing business to survive. According to the TCS COVID-19 Impact Survey of 300 executives, 90 percent of organizations are maintaining or increasing their digital transformation budgets amid the pandemic. In tandem, disruption caused by the pandemic has changed the expectations of consumers, who now expect their favorite brands to align with their values and reflect a greater purpose rather than simply offer a product or service. 

To meet rising consumer expectations, businesses across industries are turning to disruptive technologies such as artificial intelligence, cloud computing, IoT and even drones to help them deliver customer experiences that make their company reflect the unique value of their brands. For instance, while all insurance companies sell policies, they may want to be associated with values such as “wellness” or “security.” Insurers also want to use technology such as drones to assess residential damage from fires and storms, enabling faster resolution while keeping adjusters safe. New TCS employees in Ohio will develop and deploy technologies that help companies deliver customer experiences that better align with their mission and purpose.

Business and Community Commitment:

TCS’ Seven Hills Park Delivery Center in the Cincinnati suburb of Milford, Ohio sits on 223 acres of wooded land, and combined with two other buildings in Cincinnati, supports 1,000+ employees in over 300,000 sq ft of office space, and 2,300+ employees in Southern Ohio. The center includes a drone research lab to address the rapidly expanding demand for unmanned aerial vehicles, the TCS Bringing Life to Things™ IoT Lab, which develops new IoT solutions and products using connected devices and analytics software, and the TCS Analytics and Insights Lab to help organizations view, understand, and reimagine their business through an intelligent data-centric approach.

TCS’ North America employee training center is located at TCS Seven Hills Park. Since 2018, more than 200 employees from top universities throughout the country have completed a six-week training program there as part of TCS’ Initial Learning Program (ILP). TCS’ ILP is unique in the industry with training that includes a mixture of business and technical courses with a focus on integration into TCS and delivering innovative customer experiences. The ILP training also includes a session on Corporate Social Responsibility, reinforcing the importance of giving back to the community and ways to get involved.

TCS’ employee volunteers also support local communities in Ohio. Since 2008, more than 10,000 TCS employees across the state volunteered approximately 38,000 hours of their time to TCS programs like goIT and to organizations such as the American Heart Association, the American Red Cross, Freestore Food Bank, Matthew 25 Ministries, and the U.S. Marine Corp Reserves – Toys for Tots. Furthermore, in 2020, TCS expanded its Grow+ garden program on the campus. More than 50 employees developed a 3,500 square foot garden and since inception in 2018 have harvested more than 2,000+ pounds of food that has fed more than 1,000 families through HealthSource of Ohio, MercyWorks, Clermont County Community Services, and the James Sauls Homeless Shelter.

Over the past 40 years, TCS has partnered with more than a third of the Fortune 500 companies to help them digitally transform and grow their businesses. It has been among the top three U.S. recruiters of IT services talent, hiring more than 21,500 employees in the past five years alone. With industries looking to recover amid COVID-19, TCS expects to hire an additional 10,000 local employees in the U.S. by 2022.

About Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India’s largest multinational business group, TCS has over 469,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $22 billion in the fiscal year ended March 31, 2020 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS’ proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.

To stay up to date on TCS news in North America, follow @TCS_NA. For TCS global news, follow @TCS_News.

TCS media contacts:

Asia Pacific

Email: [email protected] | Phone: +65 9138 4370

Australia and New Zealand

Email: [email protected] | Phone: +61 422 989 682

Benelux

Email: [email protected] | Phone: +31 615 903387

Canada

Email: [email protected] | Phone: +1 647 790 7602 

Europe

Email: [email protected] | Phone: +46 723 989 188

India

Email: [email protected] | Phone: +91 22 6778 9960 

Middle East & Africa

Email: [email protected] | Phone: +00971567471988

Japan

Email: [email protected] | Phone: +81 80-2115-0989

Latin America

Email: [email protected] | Phone: +569 6170 9013

Nordics

Email: [email protected] | Phone: +46 70 317 80 24

UK

Email: [email protected] | Phone: +44 20 3155 2421

USA

Email: [email protected]  | Phone: +1 203-984-3978

 

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SOURCE Tata Consultancy Services

Air Products Places its Newest and Sixth ASU Onstream in Chandler, Arizona

Facility to Produce Nitrogen and Oxygen for Electronics and Other Customers

PR Newswire

LEHIGH VALLEY, Pa., March 15, 2021 /PRNewswire/ — Air Products (NYSE: APD), a world leading industrial gas producer, today announced its newest air separation unit (ASU) in Chandler, Arizona is onstream and under long-term contract supplying key electronics and other customers. The ASU is capable of producing over two million standard cubic feet per hour of gaseous nitrogen and over 20,000 standard cubic feet per hour of high purity oxygen.

“Air Products’ team was able to place this ASU onstream under a tight schedule and to do so safely and under our proven build, own and operate model. The Chandler location is a world-class, high volume site with potential for future capacity expansions. The new ASU is an important investment for Air Products as it will enable us to continue to supply the electronics industry and other customers with the nitrogen and oxygen needed for their growth,” said Francesco Maione, president, Americas at Air Products.

Air Products has been operating the Chandler facility since 1981 and its last expansion there occurred in 2011. Air Products adds this new ASU to the five existing ASUs it owns and operates at its plant site in Chandler. Air Products also operates two nitrogen pipelines connecting the Air Products facility to semiconductor manufacturers and customers in the area. The new project also added a significant amount of additional low-pressure liquid nitrogen storage to maintain the reliability model at the site, as well as high purity oxygen storage. 

Air Products owns and maintains nitrogen pipelines in the leading electronics regions around the world, providing reliable product supply and the ability to make low-cost increases in volume adjustments as necessary.  Air Products’ initial nitrogen pipeline was installed to serve the Silicon Valley. Today the company’s pipelines are operating in the leading Science Parks in Taiwan, China and Korea, supplying next generation fabs with the high volumes of nitrogen necessary for semiconductor and TFT-LCD production. 

About Air Products
 
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world’s largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale carbon-free hydrogen projects supporting global transportation and the energy transition.

The Company had fiscal 2020 sales of $8.9 billion from operations in 50 countries and has a current market capitalization of over $60 billion. More than 19,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products’ higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram. 

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the company’s Form 10K for its fiscal year ended September 30, 2020.

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SOURCE Air Products

WKHS Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Workhorse Group Inc. Investors of Class Action and Encourages Shareholders to Contact the Firm

PR Newswire

NEW YORK, March 15, 2021 /PRNewswire/ — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Workhorse Group Inc. (“Workhorse” or the “Company”) (NASDAQ: WKHS) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Workhorse securities between  July 7, 2020 and February 23, 2021, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/wkhs.   

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, and failed to disclose that: (1) the Company was merely hoping that USPS was going to select an electric vehicle as its Next Generation Delivery Vehicle, and had no assurance or indication from USPS that this was the case; (2) the Company had concealed the fact that – as revealed by the postmaster general in explaining the ultimate decision not to select an electric vehicle – electrifying the USPS’s entire fleet would be impractical and astronomically expensive; and (3) as a result, defendants’ statements about Workhorse’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/wkhs or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Plug you have until May 7, 2021 to request that the Court appoint you as lead plaintiff.  Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

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SOURCE Bronstein, Gewirtz & Grossman, LLC