EQT Infrastructure Closes Sale of Synagro to Goldman Sachs’ West Street Infrastructure Partners III

BALTIMORE, Dec. 21, 2020 /PRNewswire-PRWeb/ — Synagro Technologies, Inc., the preeminent provider of biosolids and residuals solutions services in North America, has announced the closing of its sale by EGT Infrastructure to West Street Infrastructure Partners III, an…

BALTIMORE, Dec. 21, 2020 /PRNewswire-PRWeb/ — Synagro Technologies, Inc., the preeminent provider of biosolids and residuals solutions services in North America, has announced the closing of its sale by EGT Infrastructure to West Street Infrastructure Partners III, an infrastructure investment fund managed by Goldman Sachs Merchant Banking Division.

Founded in 1986 and headquartered in Baltimore, Maryland, Synagro is the leading provider of wastewater biosolids solutions in North America. Synagro provides essential biosolids treatment solutions, turning a waste stream into fertilizer products for more than 800 municipal and industrial customers across 35 states. Synagro manages in excess of 14 million tons of biosolids annually across its portfolio of 24 specialized treatment facilities and the industry’s largest permitted beneficial use land base.

Under EQT Infrastructure’s ownership, Synagro developed into the industry leading wastewater biosolids solutions platform in North America with the industry’s largest wastewater biosolids treatment facility footprint, broadest network of permitted disposal solutions and most comprehensive environmental services offering. With its data driven and local approach, Synagro has solidified its position as a trusted partner for municipalities and industrial customers helping to protect the water, air and soil quality of the local communities in which Synagro operates.

Morgan Stanley & Co. LLC acted as financial advisor and Weil, Gotshal & Manges LLP as legal advisor to EQT Infrastructure.

Goldman Sachs & Co. LLC acted as financial advisor and Sidley Austin LLP as legal advisor to West Street Infrastructure Partners III.

About Synagro
Founded in 1986, Synagro Technologies, Inc. works to turn waste into worth by helping more than 800 municipal and industrial water and wastewater facilities in North America move toward safer, cleaner and more environmentally beneficial practices. For some, it’s simply cleaning the water supply. For others, it’s much more – we partner with them to process their waste for compost or energy pellets, creating healthy soil and sequestering carbon in the process. As the largest recycler of organic by-products in North America, we’re trusted because we remove risks while keeping the logistics clean. Because we have the most experienced team in the industry, we can offer tailored solutions that ensure no waste goes to waste. Much of our work isn’t pretty. But it’s a greener world emerging from a cleaner one – worth coming from waste – and we think that’s pretty beautiful. Visit synagro.com to learn more.

Follow us on Facebook, LinkedIn and Twitter.

About EQT
EQT is a differentiated global investment organization with more than EUR 62 billion in raised capital and around EUR 40 billion in assets under management across 19 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and North America with total sales of more than EUR 27 billion and approximately 159,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.

About Goldman Sachs Merchant Banking Division
Founded in 1869, The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm. Goldman Sachs Merchant Banking Division (MBD) is the primary center for the firm’s long-term principal investing activity. MBD is one of the leading private capital investors in the world with investments across private equity, infrastructure, private debt, growth equity and real estate.

Media Contact

Richard Ruberti, Synagro Technologies, Inc., 6109522390, rruberti@synagro.com

 

SOURCE Synagro Technologies, Inc.

Global Drive By Wire Market (2020 to 2025) – Advancements in Autonomous Vehicles Presents Opportunities

DUBLIN, Dec. 21, 2020 /PRNewswire/ — The «Drive By Wire Market by Application(Brake, Park, Shift, Steer, Throttle), Sensor (Brake Pedal, Throttle Position & Pedal, Park, Gearshift, Handwheel, Pinion),Vehicle (On & Off-Highway, BEV,PHEV,FCEV, Autonomous),Component & Region – Global Forecast to 2025» report has been added to ResearchAndMarkets.com’s offering.

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The drive by wire market is projected to reach USD 31.9 billion by 2025 from an estimated USD 24.0 billion in 2020 at a CAGR of 5.9% during the forecast period.

The primary reason for the growth is driven by the increasing number of mandates from governments to control vehicle emissions, vehicle weight reduction and the demand for premium cars globally. However, the major factor restraining the growth of the drive by wire market is the high incremental cost, risk of failure in electronics, and lack of public acceptance.

Parking pawl is expected to remain the fastest market in drive by wire component market

Parking pawl is gaining popularity due to the advanced technical benefits offered by the application. It is installed in the automatic transmission system of the vehicle for locking the transmission to park a vehicle. Parking pawl is mainly used in automatic transmissions and offers reduced traction energy losses and better traction control. Therefore,as automatic transmissions adoption in vehicles is growing rapidly, parking pawl is expected to gain huge popularity. North America is the leading market for parking pawls. Since the majority of the cars in North America are equipped with drive by wire systems, penetration of parking pawl is already high.

The COVID-19 outbreak has disrupted the whole automotive supply chain on a global scale in the first 6-7 months of 2020. The pandemic has presented an uncertain recovery timeline for the automotive industry due to lockdown implementation and shutdown of manufacturing facilities in various parts of the world. The automotive industry is facing four major challenges amid COVID-19 – limited supply of vehicle parts, drop in new vehicle sales, the shutdown of production facilities, and decline in working capital. As the drive by wire market is dependent on vehicle production, this market is expected to be impacted due to this outbreak.

Agriculture Tractor expected to remain the largest in off-highway vehicle type market

Agriculture tractor manufacturers are constantly innovating and looking to go one step further with their technological advancements. An integral design change to achieve these innovations is switching from a mechanical system to a drive by wire system. Major tractor manufacturers working toward autonomous drive by wire systems are AGCO, John Deere, and New Holland. Most importantly, the development of autonomous tractors and intelligent technologies provides a good growth avenue for the drive by wire market. Autonomous tractors are advanced and fully equipped with drive by wire applications to offer more autonomy for precision agriculture. The increasing developments toward self-driven or autonomous tractors will drive the demand for drive by wire systems.

Asia Pacific is expected to register the fastest growth during the forecast period

Asia Pacific is estimated to dominate the drive by wire market during the forecast period. Customers in the Asia Pacific region are increasingly demanding advanced technologies such as automatic and automated manual transmission in mid-size and economy class vehicles. Advanced drive by wire technologies such as shift-by-wire, park-by-wire, and throttle-by-wire are thus deployed in these vehicle classes. As Asian countries plan to standardize emission norms and use an increasing number of EVs in the future, drive by wire systems are likely to gain traction. Also, considering the growing sales of electric vehicles, particularly in China, the drive by wire market is expected to witness a significant growth.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Drive by Wire Market
4.2 Drive by Wire Market, by Region
4.3 Drive by Wire Market, by Application
4.4 Drive by Wire Market, by On-Highway Vehicle
4.5 Drive by Wire Market, by Sensor Type
4.6 Drive by Wire Market, by Component
4.7 Drive by Wire Market, by Electric & Hybrid Vehicle
4.8 Drive by Wire Market, by Off-Highway Vehicle
4.9 Autonomous Vehicle Drive by Wire Market, by Region

5 Market Overview
5.1 Introduction
5.2 Years Considered
5.2.1 Drivers
5.2.1.1 Decreased Tail-Pipe Emission Limits Leading to Vehicle Light-Weighting Trend
5.2.1.1.1 On-Road Vehicles
5.2.1.1.2 Off-Road Vehicles
5.2.1.2 Easy Integration and Independence of Design Will Drive Technological Adoption
5.2.1.3 High Operational Accuracy and Reduced Mechanical Losses
5.2.2 Restraints
5.2.2.1 High Cost and Limited Public Acceptance
5.2.2.2 Possibility of Data Hacking
5.2.3 Opportunities
5.2.3.1 Advancements in Autonomous Vehicles
5.2.3.1.1 Developments in Autonomous Off-Highway Equipment
5.2.3.1.2 Increase in Demand for Autonomous Cars
5.2.3.1.3 Latent Demand for Semi-Autonomous and Autonomous Trucks
5.2.3.2 Developments in Drive by Wire Components
5.2.4 Challenges
5.2.4.1 Fail-Safe Electronics
5.2.4.2 Compatibility Issues with 12V Architecture
5.2.4.3 Rapid Developments in Automotive Electronics May Pose Challenges for Vehicle Manufacturers (Supply Chain)
5.2.4.4 Impact of COVID-19 on Drive by Wire Market
5.3 Drive by Wire Market: Scenario Analysis
5.4 Revenue Shift Driving Market Growth
5.5 Ecosystem
5.6 Supply Chain Analysis
5.7 Case Study Analysis
5.8 Pricing Analysis

6 Technology Overview
6.1 Introduction
6.2 Drive by Wire: Technology Roadmap
6.3 Drive by Wire: Applications
6.3.1 Throttle-By-Wire
6.3.2 Shift-By-Wire
6.3.3 Brake-By-Wire
6.3.4 Park-By-Wire
6.3.5 Steer-By-Wire

7 Drive by Wire Market, by Application
7.1 Introduction
7.1.1 Research Methodology
7.1.2 Assumptions
7.1.3 Industry Insights
7.2 Brake-By-Wire
7.2.1 Better Functional Accuracy Expected to Drive Demand
7.3 Park-By-Wire
7.3.1 Reduced Wear and Tear of Vehicles Due to Park-By-Wire Expected to Drive Its Adoption
7.4 Shift-By-Wire
7.4.1 Smooth Gear Shifting and Reduced Vehicle Wight Expected to Drive Shift-By-Wire Adoption
7.5 Steer-By-Wire
7.5.1 Increasing R&D and New Product Developments Expected to Popularize Steer-By-Wire
7.6 Throttle-By-Wire
7.6.1 Implementation of Stringent Emission Norms Expected to Drive Adoption of Throttle-By-Wire

8 Drive by Wire Market, by Sensor Type
8.1 Introduction
8.1.1 Research Methodology
8.1.2 Assumptions
8.1.3 Industry Insights
8.2 Brake Pedal Sensor
8.2.1 Increasing Demand for Safety and Comfort Expected to Drive the Segment
8.3 Handwheel Angle Sensor
8.3.1 Enhanced Safety and Operational Accuracy Expected to Drive the Segment
8.4 Gear Shift Position Sensor
8.4.1 Benefits Like Reduced Wear and Tear and Increased Vehicle Lifespan Expected to Drive the Segment
8.5 Pinion Angle Sensor
8.5.1 Increasing Adoption of Steer-By-Wire Expected to Drive the Segment
8.6 Park Sensor
8.6.1 Easy and Effortless Parking Benefit to Drive Adoption
8.7 Throttle Pedal Sensor
8.7.1 Benefits Like Operational Accuracy Expected to Drive the Segment
8.8 Throttle Position Sensor
8.8.1 Increasing Popularity of Throttle-By-Wire Expected to Drive Adoption

9 Drive by Wire Market, by Component
9.1 Introduction
9.1.1 Research Methodology
9.1.2 Assumptions
9.1.3 Industry Insights
9.2 Actuator
9.2.1 Increasing Popularity of Premium Vehicles Expected to Drive the Segment
9.3 Electronic Control Unit (Ecu)
9.3.1 Improved Fuel Economy and Accuracy Expected to Drive the Segment
9.4 Engine Control Module (Ecm)
9.4.1 Benefits Such as Better Valve Control Expected to Drive Ecm Adoption
9.5 Electronic Throttle Control Module (Etcm)
9.5.1 Higher Accuracy and Precision Expected to Drive Demand
9.6 Electronic Transmission Control Unit (Etcu)
9.6.1 Growing Adoption of Automatic Transmission Expected to Drive the Segment
9.7 Feedback Motor
9.7.1 Low Maintenance and High Efficiency Expected to Drive Adoption
9.8 Parking Pawl
9.8.1 Better Traction Control Expected to Drive the Segment

10 Drive by Wire Market, by On-Highway Vehicle
10.1 Introduction
10.1.1 Research Methodology
10.1.2 Assumptions
10.1.3 Industry Insights
10.2 Passenger Car
10.2.1 Popularity of Premium Cars Expected to Drive the Market
10.3 Light Commercial Vehicle (Lcv)
10.3.1 Popularity of Automatic Transmission Expected to Drive the Market
10.4 Truck
10.4.1 Popularity of Throttle-By-Wire in Trucks Expected to Drive the Market
10.5 BUS
10.5.1 Increased Adoption of Shift-By-Wire Expected to Drive the Market

11 Drive by Wire Market, by Electric & Hybrid Vehicle
11.1 Introduction
11.1.1 Research Methodology
11.1.2 Assumptions
11.1.3 Industry Insights
11.2 Battery Electric Vehicle (Bev)
11.2.1 Attractive Government Initiatives to Drive Bev Sales
11.3 Plug-In Hybrid Electric Vehicle (Phev)
11.3.1 Benefits Like Vehicle Weight Reduction Expected to Drive the Segment
11.4 Fuel-Cell Electric Vehicle (Fcev)
11.4.1 Developments in Fcev Drive by Wire Components Expected to Drive the Segment

12 Drive by Wire Market, by Off-Highway Vehicle
12.1 Introduction
12.1.1 Research Methodology
12.1.2 Assumptions
12.1.3 Industry Insights
12.2 Agriculture Tractors
12.2.1 Development of Intelligent Technologies Expected to Drive the Segment
12.3 Construction & Mining Equipment
12.3.1 Increased Fuel Economy of Autonomous Equipment Expected to Drive Demand
12.4 Forklift
12.4.1 Increasing Number of Small Business and Growth of Ecommerce to Drive the Market

13 Autonomous Vehicle Drive by Wire Market, by Application
13.1 Introduction
13.1.1 Research Methodology
13.1.2 Assumptions
13.1.3 Industry Insights
13.2 Brake by Wire
13.3 Park-By-Wire
13.4 Shift-By-Wire
13.5 Steer-By-Wire
13.6 Throttle-By-Wire

14 Drive by Wire Market, by Region
14.1 Introduction
14.2 Asia-Pacific
14.3 Europe
14.4 North America
14.5 Rest of the World (Row)

15 Recommendations
15.1 Asia-Pacific is a Potential Market for Drive by Wire
15.2 Companies Should Increase Focus on Shift-By-Wire Application
15.3 Growing Demand of Evs Followed by Autonomous Vehicles Growth
15.4 Conclusion

16 Competitive Landscape
16.1 Introduction
16.2 Competitive Leadership Mapping
16.2.1 Star
16.2.2 Emerging Leader
16.2.3 Pervasive
16.2.4 Participant
16.3 Strength of Product Portfolio
16.4 Business Strategy Excellence
16.5 Market Evaluation Framework
16.6 Drive by Wire: Market Share Analysis
16.7 Key Player Strategies/Right to Win
16.8 Competitive Scenario
16.8.1 New Product Development
16.8.2 Expansion
16.8.3 Joint Venture
16.8.4 Acquisition/Partnership/Collaboration

17 Company Profiles
17.1 Company Profiles: Drive by Wire Manufacturers
17.1.1 Robert Bosch Gmbh
17.1.2 Continental Ag
17.1.3 Zf Friedrichshafen Ag
17.1.4 Infineon Technologies Ag
17.1.5 Nexteer Automotive
17.1.6 Cts Corporation
17.1.7 Ficosa Internacional Sa
17.1.8 Kongsberg Automotive
17.1.9 Hitachi Automotive Systems, Ltd.
17.1.10 Curtiss-Wright Corporation
17.2 Additional Company Profiles
17.2.1 North America
17.2.1.1 Orscheln
17.2.1.2 Ksr International
17.2.1.3 Lord Corporation
17.2.1.4 Dura Automotive Systems
17.2.2 Europe
17.2.2.1 SKF
17.2.2.2 Aptiv
17.2.2.3 Mobil Electronik Gmbh
17.2.2.4 Thyssenkrupp Ag
17.2.3 Asia-Pacific
17.2.3.1 Denso Corporation
17.2.3.2 Nissan Corporation
17.2.3.3 Jtekt Corporation
17.3 Drive by Wire Component Suppliers
17.3.1 Ree Automotive
17.3.2 Nxp Semiconductors Nv
17.3.3 Hella Gmbh
17.3.4 S&T Motiv Co. Ltd.
17.3.5 Lem
17.3.6 Allied Motion, Inc.
17.3.7 Schaeffler Technologies AG & Co. Kg
17.3.8 Ntn Corporation
17.3.9 Immersion Corporation
17.3.10 Sorl Auto Parts, Inc.

18 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/pb8bjc

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Don’t Miss Denver: The Ultimate Avant and Après Winter Vacation Destination

DENVER, Dec. 21, 2020 /PRNewswire/ — Colorado’s world-class ski resorts and plentiful outdoor recreation opportunities have always made the state a top destination for adventure seekers of all levels. This year, as travelers consider socially distanced, outdoor activities for safe vacation options, Colorado remains at the top of the list, with ski resorts implementing a host of capacity limits and safety measures – and a stop in…

DENVER, Dec. 21, 2020 /PRNewswire/ — Colorado’s world-class ski resorts and plentiful outdoor recreation opportunities have always made the state a top destination for adventure seekers of all levels. This year, as travelers consider socially distanced, outdoor activities for safe vacation options, Colorado remains at the top of the list, with ski resorts implementing a host of capacity limits and safety measures – and a stop in Denver is the perfect complement to a mountain trip. The Mile High City’s airport, award-winning dining and cultural scenes, boutique and top-brand hotels and other urban comforts make it the best place to gear up and get acclimated to the altitude before hitting the slopes; or the perfect way to unwind after the excitement of a Rocky Mountain adventure.

Of course, given current travel considerations and community mandates, cultural attractions, hotels and restaurants are taking significant precautions to remain as safe and accessible as possible, while maintaining a focus on the health and wellbeing of guests, staff and the community. Current safety information can be found on VISIT DENVER’s Clean & Safe Resource Guide; and full details about Denver’s mandates, recommendations and resources can be found on the City & County of Denver’s website.

«In a typical winter season, many of the visitors coming to Colorado land at Denver International Airport or drive through the city to get to the beautiful Rocky Mountains,» says Richard Scharf, president and CEO of VISIT DENVER, The Convention & Visitors Bureau. «This year, we anticipate more road trippers and longer stays from those who fly in – creating the perfect opportunity to extend a few days in Denver and experience what the city has to offer.»

Denver International Airport (DEN) is one of the most accessible airports in the U.S. and has maintained much of its flight load through the pandemic, consistently ranking as the #1 or #2 airport in the country in terms of passenger throughput; and it is ranked the number two airport in the country, according to the Wall Street Journal, as well as the top airport in the country and number two airport in North America, according to Skytrax World Airport Awards. Once downtown, visitors can explore Denver’s laid-back, walkable city center, including its creative, diverse neighborhoods and hotel options.

Many of Denver’s hotels are offering seasonal packages and exceptional deals this winter – some even specifically geared toward avant and après ski activities. The more than 11,000 hotel rooms in downtown Denver alone – representing all major brands, boutique properties and all price points – making for a great night’s sleep before (or after) indulging in a ski resort stay, and a central home base for exploring the city. For more information on hotel deals, go to the VISIT DENVER website.

The Mile High City is the cultural epicenter of the Rocky Mountain region, and its thriving cultural scene offers a robust lineup of public art, world-class museums, unique art districts and blockbuster exhibitions and events, even during the pandemic. The city’s downtown cultural facilities create and host renowned exhibitions – including world exclusives, U.S. premieres of traveling shows and more.

As a result of various public art initiatives throughout the city, Denver has developed a concentrated and thriving street and public art scene, leading AFAR magazine to name it the «Street Art Capital of the Country.» Visitors can take self-guided walks and tours to check out murals and works of public art in the city’s diverse neighborhoods, from RiNo Art District to the Art District on Santa Fe and more. For a full list of neighborhoods, go to the VISIT DENVER website

Denver’s culinary scene has been booming and gaining national recognition over the past several years; and, despite the safety restrictions restaurants are facing, the city is determined to keep the culinary momentum going. And, while plenty of restaurants are still offering to-go and delivery options, many of them are open for outdoor service, and taking full advantage of Denver’s 300 days of annual sunshine with creative patio options – including expanded patio space, heated setups, modern igloos and more.

There is plenty of shopping in Denver to help gear up for a trip to the mountains – from local outdoor gear shops like Topo Designs to upscale boutiques and shops in the Cherry Creek North neighborhood and at Cherry Creek Shopping Center. Or, after coming down from the hills, visitors can take a souvenir shopping spree, finding unique items at local shops through the city’s neighborhoods to remind them of their trip.

All of this, coupled with Denver’s welcoming community and Mountain hospitality, make The Mile High City an ideal place to visit before or after a mountain vacation. For more information on what to see and do in Denver this winter, go to the VISIT DENVER website.

About VISIT DENVER, The Convention & Visitors Bureau

Celebrating 111 years of promoting The Mile High City, VISIT DENVER is a nonprofit trade association that contracts with the City of Denver to market Denver as a convention and leisure destination, increasing economic development in the city, creating jobs and generating taxes. A total of 17.7 million visitors stayed overnight in Denver in 2019, generating $6 billion in spending, while supporting more than 60,000 jobs, making Tourism one of the largest industries in Denver. Learn more about Denver on the VISITDENVER website and at TOURISMPAYSDENVER or by phone at 800 2 Denver. Denver International Airport (DEN; flydenver.com) connects The Mile High City to more than 200 destinations worldwide. Follow Denver’s social media channels for up-to-the-minute updates at: Facebook.com/visitdenver; Twitter.com/visitdenver; Instagram.com/visitdenver; and YouTube.com/visitdenver.

CONTACT: Ashley Geisheker, 1-303-8547767, ageisheker@visitdenver.com

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SOURCE VISIT DENVER, The Convention & Visitors Bureau

Moore Bahamas Foundation Fulfills $1 Million Dorian Relief Pledge

NASSAU, The Bahamas, Dec. 21, 2020 /PRNewswire-HISPANIC PR WIRE/ — The Moore Bahamas Foundation («Moore Bahamas») today announced its fourth and final $300,000 grant for Hurricane Dorian relief and recovery. Today’s announcement brings Moore Bahamas’ total contributions to $1 million, and completes its <a target="_blank"…

NASSAU, The Bahamas, Dec. 21, 2020 /PRNewswire-HISPANIC PR WIRE/ — The Moore Bahamas Foundation («Moore Bahamas») today announced its fourth and final $300,000 grant for Hurricane Dorian relief and recovery. Today’s announcement brings Moore Bahamas’ total contributions to $1 million, and completes its pledge on behalf of conservation philanthropist Louis Bacon to support hurricane recovery.

Louis Bacon

Initially focused on emergency aid and community rebuilding in some of the hardest hit areas of The Bahamas, Moore Bahamas’ Hurricane Dorian recovery grants quickly expanded to meet essential needs exacerbated by the onset of COVID-19. This final round of Dorian donations builds on Moore Bahamas’ mission to support sustainability by fostering environmental restoration and promoting economic diversification. In addition to ongoing food aid in Grand Bahama, the grants focus on building back better for the Bahamas’ people and ecology. 

Moore Bahamas has also joined with local partners such as inner-city community service organization, Lend A Hand Bahamas, to conduct job-skills training in New Providence. Training is aimed at diversifying student skill sets for jobs outside of today’s heavily impacted tourism market.

«Tourism always will be foundational to The Bahamas’ economy, but both Dorian and the coronavirus pandemic have made it clear that a resilient economic future depends on the next generation of Bahamians being ready to captain new industries less reliant on foreign visitors,» said Lucas Metropulus, Chair of Lend a Hand. «The generous support from Moore Bahamas launches an enterprising program to upskill talented young people in topics ranging from web and graphic design to aquaponic farming to call-center etiquette.»

In an effort to bolster environmental resilience against future storms, and working with partners such as the Bahamas National Trust, Friends of the Environment, and local bone fishing guides, the Bonefish & Tarpon Trust (BTT) will replant mangrove forests on both Grand Bahama and Abaco. Hurricane Dorian destroyed nearly 74% of mangrove cover on Grand Bahama and 40% on Abaco. 

Other programs will work to build long-term island resilience with a focus on renewable energy and sustainable food systems. In partnership with the Bahamian government, the Rocky Mountain Institute seeks to advance plans to create a solar-powered «green-grid» at East End Grand Bahama. ADRA Bahamas will provide aquaponic farming equipment to several Grand Bahama farmers whose equipment was lost to Dorian, as well as kits and training for at-home farming and community greenhouses to more than 700 households. SPB Bahamas, focused on ongoing household rebuilding, received a challenge grant to solarize a piece of critical infrastructure on the island.

«Working with the people of The Bahamas this year has underscored their incredible resilience in the face of Hurricane Dorian and now a global pandemic,» said Mr. Bacon, chairman of The Moore Charitable Foundation and Moore Bahamas, its local affiliate. «The humanity and passion of our local organizational partners is inspiring. We are proud to support their efforts to lessen the compounding economic stresses of this year and remain committed to driving growth and recovery in the Bahamas.» 

Additional Dorian relief grant recipients included the Bain Grant’s Town Advancement Association, Friends of the Environment (Abaco), the Government’s Grand Bahama Food Task Force, the Grand Bahama Rotary Disaster Relief Committee, Ranfurly Homes for Children, and Waterkeeper Bahamas. A complete list of the Hurricane Dorian Relief and Rebuilding grants made by Moore Bahamas as part of the $1 million pledge is available here.

About The Moore Bahamas Foundation
The Moore Bahamas Foundation, the Bahamas affiliate of The Moore Charitable Foundation, founded by Louis Bacon in 1992, supports organizations committed to marine conservation, working with partners including Waterkeepers Bahamas; The Cape Eleuthera Institute; The Nature Conservancy Caribbean Program – Bahamas; The Bahamas National Trust, and Oceans 5.  Learn more about the Moore Charitable Foundation at www.moorecharitable.org.

Follow: @MooreCharitable 

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Logo – https://mma.prnewswire.com/media/1390180/The_Moore_Bahamas_Foundation_Logo.jpg

SOURCE The Moore Bahamas Foundation

Moore Bahamas Foundation Fulfills $1 Million Dorian Relief Pledge

NASSAU, The Bahamas, Dec. 21, 2020 /PRNewswire-HISPANIC PR WIRE/ — The Moore Bahamas Foundation («Moore Bahamas») today announced its fourth and final $300,000 grant for Hurricane Dorian relief and recovery. Today’s announcement brings Moore Bahamas’ total contributions to $1 million, and completes its <a target="_blank"…

NASSAU, The Bahamas, Dec. 21, 2020 /PRNewswire-HISPANIC PR WIRE/ — The Moore Bahamas Foundation («Moore Bahamas») today announced its fourth and final $300,000 grant for Hurricane Dorian relief and recovery. Today’s announcement brings Moore Bahamas’ total contributions to $1 million, and completes its pledge on behalf of conservation philanthropist Louis Bacon to support hurricane recovery.

Louis Bacon

Initially focused on emergency aid and community rebuilding in some of the hardest hit areas of The Bahamas, Moore Bahamas’ Hurricane Dorian recovery grants quickly expanded to meet essential needs exacerbated by the onset of COVID-19. This final round of Dorian donations builds on Moore Bahamas’ mission to support sustainability by fostering environmental restoration and promoting economic diversification. In addition to ongoing food aid in Grand Bahama, the grants focus on building back better for the Bahamas’ people and ecology. 

Moore Bahamas has also joined with local partners such as inner-city community service organization, Lend A Hand Bahamas, to conduct job-skills training in New Providence. Training is aimed at diversifying student skill sets for jobs outside of today’s heavily impacted tourism market.

«Tourism always will be foundational to The Bahamas’ economy, but both Dorian and the coronavirus pandemic have made it clear that a resilient economic future depends on the next generation of Bahamians being ready to captain new industries less reliant on foreign visitors,» said Lucas Metropulus, Chair of Lend a Hand. «The generous support from Moore Bahamas launches an enterprising program to upskill talented young people in topics ranging from web and graphic design to aquaponic farming to call-center etiquette.»

In an effort to bolster environmental resilience against future storms, and working with partners such as the Bahamas National Trust, Friends of the Environment, and local bone fishing guides, the Bonefish & Tarpon Trust (BTT) will replant mangrove forests on both Grand Bahama and Abaco. Hurricane Dorian destroyed nearly 74% of mangrove cover on Grand Bahama and 40% on Abaco. 

Other programs will work to build long-term island resilience with a focus on renewable energy and sustainable food systems. In partnership with the Bahamian government, the Rocky Mountain Institute seeks to advance plans to create a solar-powered «green-grid» at East End Grand Bahama. ADRA Bahamas will provide aquaponic farming equipment to several Grand Bahama farmers whose equipment was lost to Dorian, as well as kits and training for at-home farming and community greenhouses to more than 700 households. SPB Bahamas, focused on ongoing household rebuilding, received a challenge grant to solarize a piece of critical infrastructure on the island.

«Working with the people of The Bahamas this year has underscored their incredible resilience in the face of Hurricane Dorian and now a global pandemic,» said Mr. Bacon, chairman of The Moore Charitable Foundation and Moore Bahamas, its local affiliate. «The humanity and passion of our local organizational partners is inspiring. We are proud to support their efforts to lessen the compounding economic stresses of this year and remain committed to driving growth and recovery in the Bahamas.» 

Additional Dorian relief grant recipients included the Bain Grant’s Town Advancement Association, Friends of the Environment (Abaco), the Government’s Grand Bahama Food Task Force, the Grand Bahama Rotary Disaster Relief Committee, Ranfurly Homes for Children, and Waterkeeper Bahamas. A complete list of the Hurricane Dorian Relief and Rebuilding grants made by Moore Bahamas as part of the $1 million pledge is available here.

About The Moore Bahamas Foundation
The Moore Bahamas Foundation, the Bahamas affiliate of The Moore Charitable Foundation, founded by Louis Bacon in 1992, supports organizations committed to marine conservation, working with partners including Waterkeepers Bahamas; The Cape Eleuthera Institute; The Nature Conservancy Caribbean Program – Bahamas; The Bahamas National Trust, and Oceans 5.  Learn more about the Moore Charitable Foundation at www.moorecharitable.org.

Follow: @MooreCharitable 

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Logo – https://mma.prnewswire.com/media/1390180/The_Moore_Bahamas_Foundation_Logo.jpg

SOURCE The Moore Bahamas Foundation

Mercedes-Benz Arrowhead Sprinter is promoting a last chance to earn Section 179 tax savings on a van purchase

PEORIA, Ariz., Dec. 21, 2020 /PRNewswire-PRWeb/ — Mercedes-Benz Arrowhead Sprinter, a Phoenix-area dealership that retails new and used Mercedes-Benz work vans, is promoting the last chance for customers to earn a Section 179 tax deduction on their van purchase. Customers in the area are encouraged to make their van purchases by the end of the year so that they can earn a significant tax deduction when they file their taxes in 2021. Section 179 of the I.R.S. tax code…

PEORIA, Ariz., Dec. 21, 2020 /PRNewswire-PRWeb/ — Mercedes-Benz Arrowhead Sprinter, a Phoenix-area dealership that retails new and used Mercedes-Benz work vans, is promoting the last chance for customers to earn a Section 179 tax deduction on their van purchase. Customers in the area are encouraged to make their van purchases by the end of the year so that they can earn a significant tax deduction when they file their taxes in 2021. Section 179 of the I.R.S. tax code offers small businesses a tax deduction on the cost of qualifying business vehicles, which include Mercedes-Benz vans.

Qualifying customers are those who are purchasing the van as a business expense during the 2020 tax year. The equipment must be put into service before the end of the year in order to qualify for a tax deduction, which gives customers a week and a half to take advantage of this temporary offer. Customers are encouraged to visit as soon as possible to start the process.

The Mercedes-Benz van purchase will qualify for a tax deduction if it is used for business purposes for more than 50% of the time. That means that small and large businesses in the area will qualify for the deduction, but they need to use the van for deliveries, moving equipment or some other business-related role. Drivers can use the van for personal use as long as it does not exceed 50% of the time. The tax deduction also applies to businesses that have spent less than $3,500,000 on equipment this year.

To learn more about the deduction, customers can contact the dealership or visit the dealership in person or online at arrowheadmbsprinter.com.

Media Contact

Matt McDermott, Mercedes-Benz Arrowhead Sprinter, (480) 213-1265, mattm@mbscottsdale.com

 

SOURCE Mercedes-Benz Arrowhead Sprinter

Retail Fuels Industry Urges Northeastern States to Refrain from Adopting TCI

ALEXANDRIA, Va., Dec. 21, 2020 /PRNewswire/ — Three trade groups representing the retail fuels industry  NATSO, representing the nation’s truckstops and travel plazas, the National Association of Convenience Stores and the Society of Independent Gasoline Marketers of America  today encouraged Northeastern states to reconsider the regional Transportation and Climate Initiative (TCI) and instead focus on climate change policies that will achieve more meaningful…

ALEXANDRIA, Va., Dec. 21, 2020 /PRNewswire/ — Three trade groups representing the retail fuels industry  NATSO, representing the nation’s truckstops and travel plazas, the National Association of Convenience Stores and the Society of Independent Gasoline Marketers of America  today encouraged Northeastern states to reconsider the regional Transportation and Climate Initiative (TCI) and instead focus on climate change policies that will achieve more meaningful environmental benefits without imposing exorbitant costs on low- and middle-income Americans.

«The retail fuels industry is encouraged by policymakers who take seriously the threat of climate change and craft policy designed to mitigate the threat for all Americans,» the groups said in a joint statement. «The retail fuels industry has been active, productive advocates for clean fuel policies for more than a decade. We know what types of policies result in greater consumption of alternative fuels, and what types of policies do not. The TCI program, as currently constructed, will not work. The program will result in higher costs without any meaningful environmental benefit. These higher costs will be most acutely felt by the northeast region’s low-income communities. There are more effective ways to commercialize alternative fuel technologies. We hope to be productive participants in future TCI discussions.»

In a letter to Kathleen Theoharides, Chair of the Transportation and Climate Initiative, the groups said that TCI:

1)  Injects substantial pricing and administrative complexities into the retail fuels market, without making alternative fuels, including electricity, more desirable for consumers;

2)  Increases fuel prices and places a regressive tax upon low-income Americans, who spend a far greater percentage of their income on energy needs;

3)  Intensifies the economic uncertainty and hardship created by the COVID-19 pandemic by increasing the price that consumers will pay for fuel and ultimately increasing household spending during a time of unprecedented job losses and diminished GDP.

About NATSO, NACS, and SIGMA

NATSO is the trade association of America’s travel plaza and truckstop industry. Founded in 1960, NATSO represents the industry on legislative and regulatory matters; serves as the official source of information on the diverse travel plaza and truckstop industry; provides education to its members; conducts an annual convention and trade show; and supports efforts to generally improve the business climate in which its members operate. For more information, visit NATSO.com. Contact: Tiffany Wlazlowski Neuman, Vice President, Public Affairs. twlazlowski@natso.com.

NACS, the leading global trade association dedicated to advancing convenience and fuel retailing, serves as a trusted advisor to over 1,500 retailer and 1,600 supplier member companies from more than 50 countries. Founded in 1961, NACS ensures the competitive viability of the convenience and fuel retailing industry — which accounts for 165 million transactions daily and generates almost $650 billion in annual sales in the U.S. alone — through knowledge, connections and advocacy. For more information, go to convenience.org.

SIGMA represents a diverse membership of approximately 260 independent chain retailers and marketers of motor fuel.   While 67 percent are involved in gasoline retailing, 83 percent are involved in wholesaling, 56 percent transport product, 39 percent have bulk plant operations, and 20 percent operate terminals. Member retail outlets come in many forms including truckstops, traditional «gas stations,» convenience stores with gas pumps, cardlocks, and unattended public fueling locations.

Contact: Tiffany Wlazlowski, 703-739-8578

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SOURCE NATSO, Inc.

Livent Announces Date of 2021 Annual Meeting of Stockholders

PHILADELPHIA, Dec. 21, 2020 /PRNewswire/ — Livent Corporation (NYSE: LTHM) today announced that its 2021 Annual Meeting of Stockholders will be held via live webcast on Thursday, April 29, 2021 at 2:00 p.m. E.T. 

PHILADELPHIA, Dec. 21, 2020 /PRNewswire/ — Livent Corporation (NYSE: LTHM) today announced that its 2021 Annual Meeting of Stockholders will be held via live webcast on Thursday, April 29, 2021 at 2:00 p.m. E.T. 

Instructions for accessing the webcast will be available on the company’s Investor Relations website, located at https://ir.livent.com

About Livent 
For nearly eight decades, Livent has partnered with its customers to safely and sustainably use lithium to power the world. Livent is one of only a small number of companies with the capability, reputation, and know-how to produce high-quality finished lithium compounds that are helping meet the growing demand for lithium. The company has one of the broadest product portfolios in the industry, powering demand for green energy, modern mobility, the mobile economy, and specialized innovations, including light alloys and lubricants. Livent employs approximately 800 people throughout the world and operates manufacturing sites in the United States, England, India, China and Argentina. For more information, visit Livent.com.

The company’s investor relations website, located at https://ir.livent.com, should be considered as a recognized channel of distribution, and the company may periodically post important information to the website for investors, including information that the company may wish to disclose publicly for purposes of complying with federal securities laws. 

Media contact: Juan Carlos Cruz +1.215.299.6170
                                   juan.carlos.cruz@livent.com

Investor contact: Daniel Rosen +1.215.299.6208
                                   daniel.rosen@livent.com

 

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SOURCE Livent Corporation

Moore Bahamas Foundation Fulfills $1 Million Dorian Relief Pledge

NASSAU, The Bahamas, Dec. 21, 2020 /PRNewswire/ — The Moore Bahamas Foundation («Moore Bahamas») today announced its fourth and final $300,000 grant for Hurricane Dorian relief and recovery. Today’s announcement brings Moore Bahamas’ total contributions to $1 million, and completes its <a target="_blank"…

NASSAU, The Bahamas, Dec. 21, 2020 /PRNewswire/ — The Moore Bahamas Foundation («Moore Bahamas») today announced its fourth and final $300,000 grant for Hurricane Dorian relief and recovery. Today’s announcement brings Moore Bahamas’ total contributions to $1 million, and completes its pledge on behalf of conservation philanthropist Louis Bacon to support hurricane recovery.

Initially focused on emergency aid and community rebuilding in some of the hardest hit areas of The Bahamas, Moore Bahamas’ Hurricane Dorian recovery grants quickly expanded to meet essential needs exacerbated by the onset of COVID-19. This final round of Dorian donations builds on Moore Bahamas’ mission to support sustainability by fostering environmental restoration and promoting economic diversification. In addition to ongoing food aid in Grand Bahama, the grants focus on building back better for the Bahamas’ people and ecology. 

Moore Bahamas has also joined with local partners such as inner-city community service organization, Lend A Hand Bahamas, to conduct job-skills training in New Providence. Training is aimed at diversifying student skill sets for jobs outside of today’s heavily impacted tourism market.

«Tourism always will be foundational to The Bahamas’ economy, but both Dorian and the coronavirus pandemic have made it clear that a resilient economic future depends on the next generation of Bahamians being ready to captain new industries less reliant on foreign visitors,» said Lucas Metropulus, Chair of Lend a Hand. «The generous support from Moore Bahamas launches an enterprising program to upskill talented young people in topics ranging from web and graphic design to aquaponic farming to call-center etiquette.»

In an effort to bolster environmental resilience against future storms, and working with partners such as the Bahamas National Trust, Friends of the Environment, and local bone fishing guides, the Bonefish & Tarpon Trust (BTT) will replant mangrove forests on both Grand Bahama and Abaco. Hurricane Dorian destroyed nearly 74% of mangrove cover on Grand Bahama and 40% on Abaco. 

Other programs will work to build long-term island resilience with a focus on renewable energy and sustainable food systems. In partnership with the Bahamian government, the Rocky Mountain Institute seeks to advance plans to create a solar-powered «green-grid» at East End Grand Bahama. ADRA Bahamas will provide aquaponic farming equipment to several Grand Bahama farmers whose equipment was lost to Dorian, as well as kits and training for at-home farming and community greenhouses to more than 700 households. SPB Bahamas, focused on ongoing household rebuilding, received a challenge grant to solarize a piece of critical infrastructure on the island.

«Working with the people of The Bahamas this year has underscored their incredible resilience in the face of Hurricane Dorian and now a global pandemic,» said Mr. Bacon, chairman of The Moore Charitable Foundation and Moore Bahamas, its local affiliate. «The humanity and passion of our local organizational partners is inspiring. We are proud to support their efforts to lessen the compounding economic stresses of this year and remain committed to driving growth and recovery in the Bahamas.» 

Additional Dorian relief grant recipients included the Bain Grant’s Town Advancement Association, Friends of the Environment (Abaco), the Government’s Grand Bahama Food Task Force, the Grand Bahama Rotary Disaster Relief Committee, Ranfurly Homes for Children, and Waterkeeper Bahamas. A complete list of the Hurricane Dorian Relief and Rebuilding grants made by Moore Bahamas as part of the $1 million pledge is available here.

About The Moore Bahamas Foundation
The Moore Bahamas Foundation, the Bahamas affiliate of The Moore Charitable Foundation, founded by Louis Bacon in 1992, supports organizations committed to marine conservation, working with partners including Waterkeepers Bahamas; The Cape Eleuthera Institute; The Nature Conservancy Caribbean Program – Bahamas; The Bahamas National Trust, and Oceans 5.  Learn more about the Moore Charitable Foundation at www.moorecharitable.org.

Follow: @MooreCharitable

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SOURCE The Moore Bahamas Foundation

Women Leaders to Governor Newsom: Representation Matters in Senate Seat Selection

BROOKLYN, N.Y., Dec. 21, 2020 /PRNewswire/ — Today, the leadership of more than a dozen national women’s organizations led by Higher Heights for America – including <a target="_blank"…

BROOKLYN, N.Y., Dec. 21, 2020 /PRNewswire/ — Today, the leadership of more than a dozen national women’s organizations led by Higher Heights for America – including EMILY’s List, She The People, and Supermajority – issued the following joint statement on the upcoming California Senate seat vacancy:

«A commitment to building a democracy that lives up to its truest ideals requires that we continue to diversify and improve America’s leadership to reflect the country. In its 231-year history, only 57 women and only five women of color have ever served in the United States Senate. In 1992, Carol Moseley Braun was the first woman of color and Black woman to be elected to the Senate. It took another 20 years to elect the second woman of color to the Senate, Mazie Hirono in 2012, and 24 years to elect the second Black woman, Kamala Harris.

«Women make up 51 percent of America, yet of the 100 Senators currently serving in Congress, only 25 are women and four are women of color — Senator Kamala Harris (D-CA), Senator Catherine Cortez Masto (D-NV), Senator Tammy Duckworth (D-IL), and Senator Mazie Hirono (D-HI).

«There has been deep investment and long-term strategy to build a pipeline of women to run, win and lead for elected office and we have seen incremental gains. In 2018 and 2020, we made giant steps towards women’s political representation with a record number of women running and winning. As we celebrate the historic election of Kamala Harris as the first woman, woman of color and Black person to be elected as Vice President, we are also standing at a critical milestone. With one appointment, we can either continue toward a more representative Senate or suffer a major setback that could take almost a decade to regain.

«With the upcoming departure of Vice President-elect Harris from the chamber, we must keep moving forward on women’s representation. California Governor Gavin Newsom has a critical opportunity to stand firm on his progressive ideals, be on the right side of history, and ensure that the work the Vice President-elect has done for California and for the country continues.

«California has been represented by a woman in the Senate since 1992. Since the following year, both Senators from the Golden State have been women. We cannot undo nearly 30 years of progress all at once. For the future of California, our country, and women everywhere, there is no better choice for Governor Newsom than to appoint a woman to fill California’s Senate seat. There are several remarkable women from the state who have what it takes to get to work right away and who would serve as powerful advocates for the people of California and marginalized constituencies nationwide.»

Additional quotes from each leader can be found here.

About Higher Heights for America:

Higher Heights is the only national organization providing Black women with a political home exclusively dedicated to harnessing their power to expand Black women’s elected representation and voting participation, and advance progressive policies. For additional information, visit: https://www.higherheightsforamerica.org.

CONTACT:
Aprill O. Turner
aprill@higherheightsforamerica.org
(202) 499-0102 (M)

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SOURCE Higher Heights for America