SS Main Economic and Administrative Office

Student Heading to College? GradGuard Wants Families to Know the Investment is Not Risk-Free

Retrieved on: 
Friday, August 11, 2023

However, unforeseen events can quickly turn what for many families is often the second largest investment in their lives into a substantial financial loss.

Key Points: 
  • However, unforeseen events can quickly turn what for many families is often the second largest investment in their lives into a substantial financial loss.
  • "The National Student Clearinghouse reports 113,000 students took a leave of absence in 2021, including for medical reasons," said John Fees, co-founder and CEO of GradGuard.
  • Without proper coverage, students and their families are vulnerable to potential financial losses due to theft, fire, water damage, and other unexpected events.
  • "College is a significant investment for families, and families are smart to be aware that it is not risk free," said Fees.

GREATER CINCINNATI/NORTHERN KENTUCKY COMMUNITY LEADERS CALL ON DHL EXPRESS TO BE A RESPONSIBLE EMPLOYER

Retrieved on: 
Monday, March 20, 2023

HEBRON, Ky., March 20, 2023 /PRNewswire/ -- On Tuesday, March 21 at 3pm Greater Cincinnati/Northern Kentucky community leaders will demand that DHL Express be a responsible employer and stop interfering with the rights of their workforce to organize with the International Brotherhood of Teamsters.  

Key Points: 
  • HEBRON, Ky., March 20, 2023 /PRNewswire/ -- On Tuesday, March 21 at 3pm Greater Cincinnati/Northern Kentucky community leaders will demand that DHL Express be a responsible employer and stop interfering with the rights of their workforce to organize with the International Brotherhood of Teamsters.
  • The community leaders will lead a delegation to DHL management in support of the DHL ramp and tug workers at Cincinnati/Northern Kentucky International Airport (CVG) demanding an end to retaliation for their push to form a union.
  • The DHL – CVG Workers United for Change campaign is demanding that DHL Express and its Germany-based parent company, Deutsche Post DHL Group, respect U.S. laws that govern workers' rights to form unions.
  • DHL – CVG Workers United for Change is fighting for workers' rights to join the Teamsters Union and improve their working conditions.

ND PAPER TO INCREASE EFFICIENCY AT RUMFORD DIVISION WITH SUPPORT FROM GRANT FUNDING

Retrieved on: 
Friday, December 9, 2022

"This financial support will greatly assist our efforts to increase the efficiency of our R15 paper machine and, ultimately, the long-term sustainability of the Rumford Mill," said Ken Liu, Group Deputy Chairman and Chief Executive Officer.

Key Points: 
  • "This financial support will greatly assist our efforts to increase the efficiency of our R15 paper machine and, ultimately, the long-term sustainability of the Rumford Mill," said Ken Liu, Group Deputy Chairman and Chief Executive Officer.
  • Administered through the Maine Technology Institute (MTI), the final round of the Forest Recovery Initiative awarded $14,000,000 in grant funding to nineteen organizations in an effort to increase company competitiveness and support wage-growth for Maine workers.
  • "We would like to extend our sincere thanks to Governor Mills and the State of Maine for their support of both ND Paper and the forest products industry through this exceptional program."
  • ND Paper is headquartered in Oak Brook, Illinois, and is one of Maine's largest employers.

Bank OZK Completes Construction of Solar Power Plant in Arkansas

Retrieved on: 
Thursday, May 12, 2022

LITTLE ROCK, Ark., May 12, 2022 (GLOBE NEWSWIRE) -- As part of its sustainable energy initiatives, Bank OZK (Nasdaq: OZK) (the Bank) has finished construction of its recently announced 4.8-megawatt solar power plant in Stuttgart, Arkansas.

Key Points: 
  • LITTLE ROCK, Ark., May 12, 2022 (GLOBE NEWSWIRE) -- As part of its sustainable energy initiatives, Bank OZK (Nasdaq: OZK) (the Bank) has finished construction of its recently announced 4.8-megawatt solar power plant in Stuttgart, Arkansas.
  • The 11,265 solar panel array will produce enough electricity to power the Banks new corporate headquarters in Little Rock and up to 40 Bank OZK locations throughout central Arkansas.
  • After several months of construction, Bank OZK is pleased to announce that our solar power plant is fully operational, said Tim Hicks, Chief Credit and Administrative Officer.
  • Scenic Hill Solar, LLC, of Little Rock, Arkansas, managed construction of the solar power project for the Bank.

Enerpac Tool Group Announces Anthony Colucci Appointed EVP & Chief Financial Officer

Retrieved on: 
Monday, May 9, 2022

Enerpac Tool Group Corp. (NYSE: EPAC) (Enerpac or the Company) announced today that Anthony Tony Colucci will join the Company as EVP and Chief Financial Officer effective May 30, 2022.

Key Points: 
  • Enerpac Tool Group Corp. (NYSE: EPAC) (Enerpac or the Company) announced today that Anthony Tony Colucci will join the Company as EVP and Chief Financial Officer effective May 30, 2022.
  • He will report to Paul Sternlieb, President & CEO, of Enerpac Tool Group, and serve as a member of the Companys executive leadership team.
  • Mr. Colucci joins Enerpac Tool Group from Robertshaw Industries, a global industrial manufacturer and engineering company providing components and systems solutions into the residential white goods, commercial appliance, HVAC, and transportation industries.
  • His last role at Honeywell was VP & Chief Financial Officer of the Performance Materials & Technologies business, an $11 billion segment.

Gildan Announces First Sustainability-Linked Loan

Retrieved on: 
Monday, March 28, 2022

MONTREAL, March 28, 2022 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) is pleased to announce that it has signed an amended and restated credit agreement in respect of its existing $ 1 billion revolving credit facility to incorporate sustainability-linked terms, underscoring Gildan's strong leadership and commitment towards its environmental, social, and governance (ESG) targets. The amendment introduces an annual pricing adjustment based on the achievement of three of Gildan’s Next Generation ESG targets, which were communicated at the beginning of this year. Gildan is the first Canadian apparel manufacturing company to tie financing costs to the achievement of important ESG targets.

Key Points: 
  • Gildan is the first Canadian apparel manufacturing company to tie financing costs to the achievement of important ESG targets.
  • BMO Financial Group is acting as Lead Sustainability Structuring Agent, and TD Financial Group and CIBC Financial Group are acting as co-Lead Sustainability Structuring Agents for Gildans sustainability-linked loan.
  • Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh.
  • Gildan operates with a strong commitment to industry-leading labour, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company's long-term business strategy.

Phillips 66 Invests in Seeq, an Advanced Analytics Software Developer

Retrieved on: 
Friday, August 6, 2021

Phillips 66 is driving to expand its advanced analytics capabilities with an investment supporting Seeq, a developer of software applications for analyzing and sharing insights on process manufacturing data.

Key Points: 
  • Phillips 66 is driving to expand its advanced analytics capabilities with an investment supporting Seeq, a developer of software applications for analyzing and sharing insights on process manufacturing data.
  • Data can yield incredible value and insights when properly gathered and refined through advanced analytics, said Zhanna Golodryga, Senior Vice President and Chief Digital and Administrative Officer for Phillips 66.
  • Thats why its important for us to collaborate with companies to advance innovation in the digital and analytics spaces.
  • Phillips 66 Partners, the companys master limited partnership, is integral to the portfolio.