IOWA

ICS Achieves 10X Faster Time to Revenue and 125+ Percent Increase in MDU Connections With Calix

Retrieved on: 
Thursday, May 2, 2024

Based in Iowa, ICS has a 20-year legacy of serving the multi-dwelling unit (MDU) market throughout the United States.

Key Points: 
  • Based in Iowa, ICS has a 20-year legacy of serving the multi-dwelling unit (MDU) market throughout the United States.
  • Until partnering with Calix, the ICS team combined various solutions to cater to the complex needs of property owners and unit residents.
  • Currently, the Calix Platform enables service providers to deliver incredible managed Wi-Fi services to MDUs inside and outside of their footprint.
  • The scale and flexibility of the Calix Platform gave ICS the power to rapidly expand their business and more than double their estimated unit connections.

Pork Company Criticizes EATS Act Inclusion in House Farm Bill Framework

Retrieved on: 
Thursday, May 2, 2024

Prop 12 bans the use of gestation crates for pork production on farms in California as well as the in-state sale of certain fresh pork products that do not meet these gestation crate-free standards.

Key Points: 
  • Prop 12 bans the use of gestation crates for pork production on farms in California as well as the in-state sale of certain fresh pork products that do not meet these gestation crate-free standards.
  • Niman Ranch General Manager Chris Oliviero released the following statement:
    “The inclusion of the provision mirroring the EATS Act in the House Agriculture Committee’s draft farm bill framework is a blow to animal welfare, smaller scale independent family hog farmers and pork companies like Niman Ranch that are committed to crate-free production practices and others that have made the necessary preparations to comply with California’s Proposition 12.
  • The conventional pork industry has been unsuccessfully fighting Prop 12 since its passage in 2018.
  • Prop 12 does not force any pork company or out of state farm to convert their operation or sell into California.

Alliant Energy Announces First Quarter 2024 Results

Retrieved on: 
Thursday, May 2, 2024

WPL recognized a $0.11 per share increase in the first quarter of 2024 due to higher revenue requirements from increasing rate base, including investments in solar generation and battery storage.

Key Points: 
  • WPL recognized a $0.11 per share increase in the first quarter of 2024 due to higher revenue requirements from increasing rate base, including investments in solar generation and battery storage.
  • Alliant Energy is reaffirming its consolidated EPS guidance for 2024 of $2.99 - $3.13.
  • A conference call to review the first quarter 2024 results is scheduled for Friday, May 3, 2024 at 9 a.m. central time.
  • In conjunction with the information in this earnings announcement and the conference call, Alliant Energy posted supplemental materials on its website.

Green Plains Reports First Quarter 2024 Financial Results

Retrieved on: 
Friday, May 3, 2024

Green Plains Inc. (NASDAQ:GPRE) (“Green Plains” or the “company”) today announced financial results for the first quarter of 2024.

Key Points: 
  • Green Plains Inc. (NASDAQ:GPRE) (“Green Plains” or the “company”) today announced financial results for the first quarter of 2024.
  • Revenues were $597.2 million for the first quarter of 2024 compared with $832.9 million for the same period last year.
  • The consolidated ethanol crush margin was ($9.3) million for the first quarter of 2024, compared with ($12.5) million for the same period in 2023.
  • Intersegment activities between the partnership and Green Plains Trade associated with terminal services transacted with the agribusiness and energy services segment will continue to be eliminated on a consolidated level.

Von Maur Department Stores Announces Extensive In-Store Renovation Plan

Retrieved on: 
Thursday, May 2, 2024

Von Maur Department Store announced today that it is undergoing an extensive, multi-phased renovation of its brick and mortar locations over the next five years.

Key Points: 
  • Von Maur Department Store announced today that it is undergoing an extensive, multi-phased renovation of its brick and mortar locations over the next five years.
  • “As Von Maur has grown, new stores have evolved to reflect the trends present in residential design.
  • It is important that we reinvest in our existing locations and bring those same updates to the customers that have been the bedrock of our success,” said Jim von Maur, President of Von Maur.
  • The updated look will allow the merchandise to be the focus, making shopping at Von Maur an even better in-store experience.

Kemin Industries' Request for Use of Rosemary Extract as Antioxidant Feed Additive for Cats and Dogs Authorized by European Commission

Retrieved on: 
Thursday, May 2, 2024

VERONELLA, Italy and DES MOINES, Iowa, May 2, 2024 /PRNewswire/ -- Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 percent of the world with its products and services, submitted a request to the European Commission to allow the use of liquid rosemary extract as an antioxidant feed additive for cats and dogs and has received authorization through Commission Implementing Regulation (EU) 2024/1068.

Key Points: 
  • The Commission Implementing Regulation (EU) 2024/1068 categorizes and approves of the additive as a "technological additive" within the "antioxidants" functional group and goes into effect May 5.
  • Before this groundbreaking approval, the European Union's pet food market primarily consisted of tocopherols for antioxidants, with limited options for antioxidant molecules of natural origin.
  • This new addition of rosemary extracts not only expands the range of available antioxidants but also addresses critical supply chain challenges.
  • Kemin Nutrisurance is proud to offer rosemary extract as part of its portfolio of innovative solutions for the pet food industry.

COVETRUS® OPENS NEW STATE-OF-THE-ART DISTRIBUTION CENTER TO MEET GROWING DEMAND FOR PRODUCTS AND SERVICES

Retrieved on: 
Thursday, May 2, 2024

PORTLAND, Maine, May 2, 2024 /PRNewswire/ -- Covetrus®, a global leader in animal-health technology and services, today announced the opening of a new state-of-the-art distribution center in Grimes, Iowa, that will provide veterinarians with access to more than 5,000 product offerings used to manage vet practices and treat large and small animals. The company is moving to a larger facility to meet the growing demand for its products and services in the greater Midwest region.

Key Points: 
  • The company is moving to a larger facility to meet the growing demand for its products and services in the greater Midwest region.
  • Measuring more than 80,000 square feet, the new energy-efficient distribution center will maintain a comprehensive selection of products and solutions designed to meet the day-to-day needs of veterinarians and their practices.
  • It will also feature walk in support whereby a veterinarian can visit the facility to pick up products or get other assistance.
  • "The new distribution center in Grimes, which is one of 13 facilities in the U.S., will be our distribution hub for veterinary practices across the greater Midwest region.

Meijer Strengthens Support of Active-Duty Team Members with Enhanced Military Leave Benefits

Retrieved on: 
Thursday, May 2, 2024

GRAND RAPIDS, Mich., May 2, 2024 /PRNewswire/ -- Meijer announced enhancements to its military leave benefits for active-duty team members on military leave today to make the transition from employment to deployment as smooth as possible.

Key Points: 
  • GRAND RAPIDS, Mich., May 2, 2024 /PRNewswire/ -- Meijer announced enhancements to its military leave benefits for active-duty team members on military leave today to make the transition from employment to deployment as smooth as possible.
  • Extended Health Care Coverage: Meijer will extend team members' health benefits for up to nine months after they leave for active duty to help alleviate the stress of deployment.
  • Garret Duke said he also appreciates the investment Meijer is making in its military team members.
  • In 2020, Meijer launched mVets, a Team Member Resource Group, to help attract, develop, and retain members of the armed forces and their families as team members and customers.

Melting Pot Continues Expansion, Set to Open Newest Location at 320 Miracle Mile in Coral Gables, Florida

Retrieved on: 
Thursday, May 2, 2024

TAMPA, Fla., May 2, 2024 /PRNewswire-PRWeb/ -- Melting Pot, the iconic fondue franchise with 92 restaurants nationwide, is developing its newest location in Coral Gables, Florida. With a lease signed for 320 Miracle Mile, the franchise is working toward building out the interior of the site while maintaining the historic charm of the exterior. The new restaurant, which will be designed in line with the new Melting Pot Evolution prototype, will fit seamlessly into the Coral Gables community while making the beloved fondue experience even more accessible to a diverse range of prospective guests.

Key Points: 
  • TAMPA, Fla., May 2, 2024 /PRNewswire-PRWeb/ -- Melting Pot, the iconic fondue franchise with 92 restaurants nationwide, is developing its newest location in Coral Gables, Florida.
  • Stone described Miracle Mile as "the who's who of restaurants," noting that there are many celebration-based concepts in the area.
  • While there are both national and local players that offer polished-casual and fine-dining experiential dining, there's nothing quite like Melting Pot.
  • While there's "no better celebratory concept than [Melting Pot]," Stone explained, guests in Coral Gables can tailor exactly how they celebrate with Melting Pot to each unique situation.

Meijer Expands Supplier Inclusion Efforts with Inaugural Veteran-Owned Business "Roadmap to Retail" Event

Retrieved on: 
Thursday, May 2, 2024

Led by the Meijer Supplier Inclusion team, in partnership with mVets, the Meijer Team Member Resource Group (TMRG) for veterans, active military members, and their families, the retailer invites veteran-owned businesses to participate in the Meijer virtual "Roadmap to Retail" series Nov. 7-8.

Key Points: 
  • Led by the Meijer Supplier Inclusion team, in partnership with mVets, the Meijer Team Member Resource Group (TMRG) for veterans, active military members, and their families, the retailer invites veteran-owned businesses to participate in the Meijer virtual "Roadmap to Retail" series Nov. 7-8.
  • Specifically, the merchandising event will take place on Nov. 7 and the professional services event will be held on Nov. 8.
  • The event will focus on a discussion addressing various forms of doing business with Meijer.
  • "The Meijer supplier inclusion program has grown tremendously this year and it's been incredibly rewarding to see these small, yet mighty, vendors thrive and expand their products across our six-state footprint," said Carla Hendon, Director of Supplier Inclusion at Meijer.