Honda Aircraft Company Opens New Wing Production Facility

GREENSBORO, N.C., Jan. 14, 2021 /PRNewswire/ — Honda Aircraft Company announced today that it has begun operations at its newly opened Wing Production and Service Parts Facility, located at the company’s world headquarters at the Piedmont Triad International Airport in Greensboro, N.C. The new 83,100 square-foot facility is the latest addition to the 133-acre Honda Aircraft Company campus, and represents an additional investment of $24.3…

GREENSBORO, N.C., Jan. 14, 2021 /PRNewswire/ — Honda Aircraft Company announced today that it has begun operations at its newly opened Wing Production and Service Parts Facility, located at the company’s world headquarters at the Piedmont Triad International Airport in Greensboro, N.C. The new 83,100 square-foot facility is the latest addition to the 133-acre Honda Aircraft Company campus, and represents an additional investment of $24.3 million, bringing the total capital investment in its North Carolina facilities to more than $245 million. Honda Aircraft Company broke ground on the new facility in late July 2019 and completed construction in September 2020.

The Wing Production and Service Parts Facility will house a new wing assembly process for the HondaJet Elite, which is the fastest, farthest and highest-flying aircraft in its class. HondaJet wings are composed of an exterior skin made of machined one-piece aluminum alloys backed by alloy ribs to achieve a very smooth surface designed to reduce aerodynamic drag and structural rigidity. The new facility will enable the concurrent assembly of more wings, resulting in a major increase in production efficiency.

«Honda is a mobility technology company, and our newest facility further increases efficiency of assembly. It also will house more service parts to support the rapidly growing HondaJet fleet,» said Michimasa Fujino, president and CEO of Honda Aircraft Company. «Since entering the market five years ago, the HondaJet has received a tremendous response from customers. This facility will enable us to continue to provide our growing global customer base with the highest level of customer support.»

The new facility includes a main wing assembly hangar, service parts warehouse for parts storage and distribution, paint booth, and office areas.

The HondaJet fleet is currently comprised of over 170 aircraft worldwide with more than 63,000 flight hours and an industry-leading dispatch reliability. Honda Aircraft Company’s sales and service footprint spans North America, Europe, Latin America, Southeast Asia, China, the Middle East, India, and Japan.

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SOURCE Honda Aircraft Company

January Incentives at Downeast Toyota Highlight All-Wheel Drive and Certified Used Toyota Models

BREWER, Maine, Jan. 14, 2021 /PRNewswire-PRWeb/ — Bangor-area car shoppers who are drawn to the Toyota brand may find the perfect financial fit at Downeast Toyota in January 2021. Finance incentives are available to qualified buyers who are approved via Toyota Financial Services and can be applied to select <a target="_blank"…

BREWER, Maine, Jan. 14, 2021 /PRNewswire-PRWeb/ — Bangor-area car shoppers who are drawn to the Toyota brand may find the perfect financial fit at Downeast Toyota in January 2021. Finance incentives are available to qualified buyers who are approved via Toyota Financial Services and can be applied to select Toyota Certified Used Vehicles (TCUV) and brand-new Toyota models in inventory.

The Toyota Highlander is a popular option in the midsize SUV class that is dedicated to family adventures with seven- and eight-passenger variants. To help used car shoppers find a high-quality, pre-owned Toyota Highlander to fit their budget, Downeast Toyota will feature Toyota Certified Used Vehicle finance incentives in January. Certified Used Toyota Highlander models are available with a 0.99% Annual Percentage Rate (APR) for 60 months. Current incentives are available until Feb. 2.

Winter has arrived in Maine and many car shoppers are in search of all-wheel drive options at Downeast Toyota. Families who have fallen in love with the 2021 Toyota Highlander will find affordable lease and finance incentives at Downeast Toyota in January. The Toyota Highlander LE AWD is available for lease with a 36-month contract, a $2,999 down payment and a $295 monthly payment. Drivers who prefer to finance the Toyota Highlander may be eligible for 1.9% APR for 60 months and 2.9% APR for 72 months.

Individuals interested in the 2021 Toyota RAV4 can lease a Toyota RAV4 LE AWD for 36 months with $2,999 due at signing and $229 per month with approval via Toyota Financial Services. Toyota RAV4 models are available with 1.9% APR for 60 months and 2.9% APR for 72 months.

Maine car shoppers who are interested in saving on new or used Toyota models in January 2021 can learn more about the sales incentives available at Downeast Toyota online at http://www.downeasttoyota.com. Potential owners interested in a more personal interaction can contact a member of the dealership sales team directly by calling 207-989-6400.

Media Contact

Kate Fraser, Downeast Toyota, 207-989-6400, katefraser@downeasttoyota.com

 

SOURCE Downeast Toyota

Panasonic’s Residential Solar Products and Installer Program Reach More Homeowners in High Growth Solar Markets

­­­NEWARK, N.J., Jan. 14, 2021 /PRNewswire/ — Panasonic Corporation of North America today announced 13 installers across the country have been promoted to the Elite and Premium tiers of its Residential Solar Installer Program. Not only will installers and homeowners gain access to the <a target="_blank"…

­­­NEWARK, N.J., Jan. 14, 2021 /PRNewswire/ — Panasonic Corporation of North America today announced 13 installers across the country have been promoted to the Elite and Premium tiers of its Residential Solar Installer Program. Not only will installers and homeowners gain access to the Panasonic Solar Modules portfolio, they will also receive access to the new high-efficiency Panasonic Solar EverVolt Modules, available beginning in February.

Homeowners in Arizona, Texas, Florida, Iowa and Indiana will be able to access Panasonic’s solar products and expertise from seven Elite Level installers, who will be the first in Panasonic’s network to gain access to new products and rebates, while enjoying preferred access to product availability and the best pricing:

  • AC/DC Solar in Brandon, Fla.
  • Advance Solar and Energy in Fort Lauderdale, Fla.
  • Energy Consultants Group in Anamosa, Iowa
  • Jefferson Electric, LLC in Indianapolis, Ind.
  • Wayne’s Solar in Ormond Beach, Fla.
  • Wells Solar in Austin, Texas
  • Sunbright Solar LLC, Tucson, Ariz.

Six additional installers in Florida, Texas and New Mexico will also offer homeowners Panasonic’s benefits as new Premium Level installers, with exclusive access to qualified sales leads, a library of cooperative marketing assets, training programs and a robust Installer Portal:

  • 512 Solar in Austin, Texas
  • Greenbelt Solar in Austin, Texas
  • IES Texas Solar in San Antonio, Texas
  • Organ Mountain Solar & Electric in Las Cruces, N.M.
  • Solar SME Inc. in Dallas, Texas
  • Bob Heinmiller Solar Solution in Orlando, Fla.

«It’s more important now than ever to have a strong presence in the fastest-growing solar markets in the U.S. In fact, Florida and Texas are the second and third hottest markets in solar growth in the country, behind only California. Compounded with homeowners’ urgency to take advantage of tax credits, more expert installers are needed to keep up with the demand,» said Mukesh Sethi, Director, Solar and Energy Storage, Panasonic Life Solutions Company of America, a division of Panasonic Corporation of North America. «Panasonic is thrilled to welcome 13 new certified installers to our Elite and Premium Installer tiers to serve homeowners in Florida, Arizona, Texas, Iowa, Indiana and New Mexico

Introduced in 2016, the Panasonic Solar Residential Installer Program provides exclusive benefits and business opportunities to tiers of installers who meet certain qualifications, including Panasonic’s high standard of excellence. In addition to business-supporting perks, members of these exclusive tiers are able to pass on to consumers the benefits they receive, such as special pricing and preferred access to in-demand and new products. For more information for installers, visit: na.panasonic.com/us/solar/installer.

About Panasonic Corporation of North America     
Newark, NJ-based Panasonic Corporation of North America is committed to creating a better life and a better world by enabling its business-to-business customers through innovations in Sustainable Energy, Immersive Entertainment, Integrated Supply Chains and Mobility Solutions. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation. One of Interbrand’s Top 100 Best Global Brands of 2019, Panasonic is a leading technology partner and integrator to businesses, government agencies and consumers across the region. Learn more about Panasonic’s ideas and innovations at www.na.panasonic.com/us.

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SOURCE Panasonic Corporation of North America

SML Genetree recibe la autorización de uso de emergencia de la FDA para el kit de PCR Ezplex SARS-CoV-2 G

– SML Genetree recibe la autorización de uso de emergencia de la FDA para el kit de PCR Ezplex SARS-CoV-2 G en tiempo real con capacidad para agrupación de muestras   

SANTA CLARA, California, 14 de enero de 2021 /PRNewswire/ — SML Genetree anunció hoy que ha recibido la autorización de uso de emergencia (AUE) de la FDA de EE.UU. para el uso de su kit Ezplex SARS-CoV-2 G, un test de diagnóstico molecular para la detección cualitativa de ARN de SARS-CoV-2 desde hisopos nasofaríngeos, hisopos orofaríngeos…

– SML Genetree recibe la autorización de uso de emergencia de la FDA para el kit de PCR Ezplex SARS-CoV-2 G en tiempo real con capacidad para agrupación de muestras   

SANTA CLARA, California, 14 de enero de 2021 /PRNewswire/ — SML Genetree anunció hoy que ha recibido la autorización de uso de emergencia (AUE) de la FDA de EE.UU. para el uso de su kit Ezplex SARS-CoV-2 G, un test de diagnóstico molecular para la detección cualitativa de ARN de SARS-CoV-2 desde hisopos nasofaríngeos, hisopos orofaríngeos y especímenes de esputo así como para uso en especímenes de pacientes reagrupados con hasta cinco especímenes de hisopo respiratorio superior. Los especímenes deben ser recogidos por un proveedor de atención médica utilizando viales individuales en el medio de transporte.

El agrupamiento de muestras es una importante herramienta de salud pública porque permite que más personas realicen el test rápidamente utilizando menos recursos destinados a pruebas. Los test agrupados son más eficientes en áreas con baja prevalencia, es decir, donde se espera que la mayoría de los resultados sean negativos. «Ofreciendo un protocolo de agrupación, podemos ayudar a los laboratorios a cubrir la demanda para resultados de test molecular de alto volumen, precisos», dijo el consejero delegado de SML Genetree, Jihoon Ahn. «Estamos encantados de poder ofrecer el test Ezplex al mercado estadounidense».

El kit Ezplex SARS-CoV-2 G está diseñado para ofrecer resultados sensibles y precisos detectando dos regiones diferentes de virus SARS-CoV-2: los genes RdRP y N. Los resultados están disponibles en aproximadamente dos horas y media después de la extracción de ARN. El test está autorizado para uso en laboratorios en Estados Unidos certificados bajo las United States certified under the Clinical Laboratory Improvement Amendments de 1988 (CLIA), 42 U.S.C. §263a, para realizar test de alta complejidad.  

Para más información sobre el ensayo Ezplex CoV-2 G, visite: www.smlgenetree.com.

Acerca de SML Genetree

SML Genetree está reconocida como desarrollador líder de tecnologías moleculares multiplex y diagnósticos moleculares clínicos multiplex en Corea del sur. SML Genetree es una filial de  Samkwang Medical Laboratories (SML), uno de los mayores laboratorios comerciales de diagnóstico en Corea desde 1985. SML ha seguido ofreciendo resultados de diagnóstico en 3.000 instituciones médicas gubernamentales en Corea, incluyendo la Military Manpower Administration (MMA), hospitales universitarios e instituciones médicas locales. Para más información, visite www.smlgenetree.com.  

 

Madeline Hotel & Residences, Auberge Resorts Collection Redefines Telluride Luxury With Dynamic Public Space Transformation

TELLURIDE, Colo., Jan. 14, 2021 /PRNewswire-PRWeb/ — Madeline Hotel & Residences, Auberge Resorts Collection today debuts a dramatic redesign, unveiling a luxuriously reimagined modern mountain resort in Telluride. Located at 10,540…

TELLURIDE, Colo., Jan. 14, 2021 /PRNewswire-PRWeb/ — Madeline Hotel & Residences, Auberge Resorts Collection today debuts a dramatic redesign, unveiling a luxuriously reimagined modern mountain resort in Telluride. Located at 10,540 feet, the ski-in/ski-out mountain retreat features new social spaces, including Timber Room, a vibrant new indoor-outdoor après ski bar and lounge, which is poised to become the most sought-after gathering place in Telluride, a refreshed lobby and a new boutique. Complementing the redesign is a collection of engaging new guest experiences and amenities – from ice-climbing and other adrenaline-pumping outdoor pursuits, to restorative wellness offerings, including a new hydration bar. Madeline also introduces a new collaboration with Olympian Gus Kenworthy, who helped create the resort’s new Recovery Ski Lounge, offering a range of advanced post-workout therapies.

«We are thrilled to welcome guests, homeowners and neighbors to our revitalized resort with its modern approach to luxury mountain living,» said Bryan Woody, general manager, Madeline Hotel & Residences, Auberge Resorts Collection. «In this panoramic alpine setting, we have created one-of-a-kind experiences that celebrate the best ski mountain in the U.S. It has been a sincere pleasure to work with the passionate Auberge team, the design visionaries at Rose Ink Workshop, our talented culinary team, our friend Gus Kenworthy and our local community of artisans to transform Madeline and solidify its position as one of the top mountain resorts in the world.»

Miami-based interior design team, Rose Ink Workshop, led Madeline’s redesign, creating a modern look that offers a chic, yet approachable respite from Telluride’s active outdoor lifestyle. The new design envelops guests in a luxurious and welcoming year-round mountain environment with a distinct connection to Telluride’s mountain heritage and culture.

Introducing Timber Room
Anchored by a commanding double-sided fireplace, the newly debuted Timber Room, which opens today, blends chalet vibes with modern elements. Designed for couples and larger groups of friends, the social heart of the resort features cozy lounges for two and chic booths punctuated by mountain landscapes. An ornate oak bar inspired by folkloric alpine design is a nod to jet-setting ski destinations such as Magève and Gstaad. Timber Room’s outdoor space leads into Reflection Plaza, the most picturesque setting in Telluride, where guests can keep warm under sheepskin blankets and nestle next to a fire pit overlooking Mountain Village’s beloved ice rink.

Bustling après-ski festivities commence daily at Timber Room at 3:00 p.m., followed by Executive Chef Bill Greenwood’s ceremonial Alphorn serenade at 3:30 pm at Reflection Plaza, signaling across the mountain that it’s time to gather and exchange stories from the day’s adventures over creative cocktails, warming beverages and innovative dishes. Timber Room’s menu is refined, celebratory and designed to be shared. It complements the spirit of the mountainscape and begins with shareable «Graze» plates such as Duck Terrine Toast and the signature Timber Room Baked Potato with crème fraîche and caviar, followed by «Feast» plates, or larger family style dishes including Rocky Mountain Elk with local huckleberry jus. Dishes are presented on custom serving boards made by local artisan Matt Downer using native hardwoods and local slate, while marbled ceramic vessels hand-shaped by Telluride-based ceramicist Tara Carter and a custom collection of ceramic share plates made by LGS Studio beautifully bring the cuisine to life.

Timber Room’s cocktail menu showcases modern interpretations of classic libations with mountain touches such as blue spruce-infused syrup and slow-drip spiced bourbon, along with signature toasty cocktails perfect for fireside après. Guests can explore the interplay between fire and ice with smoky cocktails on the rocks, such as the New Fashioned or Eve in Eden, contrasted with the steaming TNT, the perfect marriage of Telluride Whiskey, Montenegro and Steaming Bean Telluride coffee, shaken cream and fresh grated nutmeg. Adventurous groups can opt for tableside leather bota bags brimming with Timber Room’s house blend of vin chaud for spirited imbibing.

Culinary offerings from Chef Greenwood are also available at Black Iron Kitchen + Bar, where guests are greeted with an inviting «come as you are» atmosphere, indoor-outdoor seating, entertainment and Chef’s fully transformed menu, including the impressive 32 oz. Wagyu Dry Aged Bone In Ribeye that’s sure to satisfy after a day full of adventure. The new Great Room offers endless ways to indulge in life’s simple pleasures with classic board games such as backgammon and mancala, along with a brand-new hydration station. Here, a rotating mix of hydration options will not only quench thirst, but also help acclimate guests to Telluride’s high altitude. Surrounded by the soaring peaks of the San Juan Mountains, the outdoor Sky Terrace beckons guests with its year-round heated pool and two hot tubs, refreshments, daily Alpine s’mores and unbeatable photo opportunities.

New Experiences
A new collection of experiences will immerse guests in Telluride’s rich scenic beauty and year-round adventures. Thrill-seekers can embark on a unique Telluride experience and climb Mystic Falls, an iconic Colorado waterfall, and use a Tyrolean Traverse to descend across a rocky gorge above the frozen falls. For adventure enthusiasts, a helicopter tour of the San Sophia ridgeline, traveling up to 13,000 feet, is available for an awe-inspiring look at the jagged peaks. After a day on the slopes, guests can retreat to Gus Kenworthy’s Recovery Ski Lounge, which features Hyperice, Normatec, and Hypervolt therapies, along with a cool-down playlist curated by Kenworthy himself.

Madeline’s unrivaled Mountain Village location provides guests with easy access to outdoor adventures – from alpine skiing, dog sledding and fly fishing in the winter, to hiking and stand-up paddle boarding on nearby alpine lakes in the summer. Guided activities and lessons are offered for guests of all ages. Off the slopes, wellness experiences include mindfulness sessions, classes with visiting masters and new signature spa treatments at Telluride’s most popular spa.

A New Sense of Arrival
The design and energy of the transformed Madeline Hotel & Residences, Auberge Resorts Collection is felt from the moment guests arrive into a lobby that is both cozy and chic. Convivial seating areas mix vintage and custom furniture and a textured color palette that defines modern luxury in Telluride. Hotel guests are greeted by Adventure Guides, a team of local Telluride concierges who collectively represent more than 60 years of residency in town, and who hold the keys to all the best adventures, dining and entertainment available in the region.

Upon check-in, guests are offered seasonal Telluride Brewing company draft beer in Colorado-mined copper mugs, while kids enjoy Rocky Mountain sodas. A new retail boutique, created in collaboration with Sacred Thistle, sits off the lobby and offers a selection of beautifully handcrafted home goods, jewelry and unusual, earthy treasures. Additional items in the retail gallery include custom hats and a selection of books ranging from fine art photography to vintage and rare titles celebrating outdoor adventure in the Rocky Mountains.

To learn more about Madeline Hotel & Residences, Auberge Resorts Collection and to book a stay, visit aubergeresorts.com/madeline.

About Madeline Hotel & Residences, Auberge Resorts Collection
Madeline Hotel & Residences, Auberge Resorts Collection is a stunning alpine resort in the historic town of Telluride, Colorado. The 83-room and 71-residence hotel blends Auberge’s distinctive flair for authentic and elevated experiences with the local flavor of the destination. Surrounded on three sides by the dramatic 14,000-foot peaks of the San Juan Mountains, Madeline features both guest rooms and suites, as well as one- to four-bedroom residential condominiums that offer expansive Mountain Village views. Sophisticated amenities include the best ski-in/ski-out access in town; slope side Ski Valet; the 4,000-square-foot Sky Terrace featuring a heated outdoor swimming pool, hot tubs, fire pits and al fresco lounge; an alpine-inspired spa and salon; The Madeline Ice Rink and a personal training studio. Mountain dining options include signature restaurant Black Iron Kitchen + Bar, Timber Room featuring outdoor fire tables and an indoor/outdoor bar and Columbia Room, a private dining room. In January 2021, Madeline unveiled a dramatic redesign encompassing its public and social spaces.

For more information: aubergeresorts.com/madeline

Follow Madeline Hotel & Residences on Facebook and Instagram @MadelineTelluride

About Auberge Resorts Collection
Auberge Resorts Collection is a portfolio of extraordinary hotels, resorts, residences and private clubs. While each property is unique, all share a crafted approach to luxury and bring the soul of the locale to life through captivating design, exceptional cuisine, innovative spas and gracious yet unobtrusive service. With 19 hotels and resorts across three continents and eight new hotels under development, Auberge invites guests to create unforgettable stories in some of the world’s most desirable destinations.

For more information: aubergeresorts.com

Connect with Auberge Resorts Collection on Facebook Twitter and Instagram @AubergeResorts and #AlwaysAuberge

About The Friedkin Group
The Friedkin Group is a privately-held consortium of automotive, hospitality, entertainment, sports and adventure companies. These organizations include: Gulf States Toyota, GSFSGroup, US AutoLogistics, Ascent Automotive Group, Auberge Resorts Collection, AS Roma, Imperative Entertainment, 30WEST, NEON, Diamond Creek Golf Club, Congaree and Legendary Expeditions. The Friedkin Group is led by Chairman and CEO Dan Friedkin. For more information, visit http://www.friedkin.com.

About Rose Ink Workshop
Rose Ink Workshop is a multidisciplinary firm that specializes in hospitality interiors. Placing extra emphasis on crafting unique branded experiences, RIW creates art directed spaces and tells stories. Led by Liubasha Rose, RIW is a group of creatives from different areas of hospitality design including interiors, branding, graphics, fashion, OS+E and a crew of project by project stylists. Prior to founding Rose Ink Workshop, Liubasha was Vice President of Design at Starwood Capital Group. She was responsible for design direction and the execution of renovation projects for Starwood Capital assets, and was involved in the implementation of new brands launched by the firm. She has contributed to the development of the two-luxury hotel and lifestyle brands, 1 Hotels and Baccarat Hotels & Resorts as well as the Postcard Inn, ST Residential portfolio, and numerous restaurants and hotels around the world. Liubasha won the prestigious Wave of the Future award from Hospitality Design Magazine in 2015 for the 1 Hotel South Beach project. For more information, visit http://www.roseinkworkshop.com.

Media Contact

Rachel Farnham, Murphy O’Brien Public Relations, +1 6122704506, rfarnham@murphyobrien.com

 

SOURCE Madeline Hotel & Residences

2020 Tied for Warmest Year on Record, NASA Analysis Shows

WASHINGTON, Jan. 14, 2021 /PRNewswire/ — Earth’s global average surface temperature in 2020 tied with 2016 as the warmest year on record, according to an analysis by NASA.

WASHINGTON, Jan. 14, 2021 /PRNewswire/ — Earth’s global average surface temperature in 2020 tied with 2016 as the warmest year on record, according to an analysis by NASA.

Continuing the planet’s long-term warming trend, the year’s globally averaged temperature was 1.84 degrees Fahrenheit (1.02 degrees Celsius) warmer than the baseline 1951-1980 mean, according to scientists at NASA’s Goddard Institute for Space Studies (GISS) in New York. 2020 edged out 2016 by a very small amount, within the margin of error of the analysis, making the years effectively tied for the warmest year on record.

«The last seven years have been the warmest seven years on record, typifying the ongoing and dramatic warming trend,» said GISS Director Gavin Schmidt. «Whether one year is a record or not is not really that important – the important things are long-term trends. With these trends, and as the human impact on the climate increases, we have to expect that records will continue to be broken.»

A Warming, Changing World

Tracking global temperature trends provides a critical indicator of the impact of human activities – specifically, greenhouse gas emissions – on our planet. Earth’s average temperature has risen more than 2 degrees Fahrenheit (1.2 degrees Celsius) since the late 19th century.

Rising temperatures are causing phenomena such as loss of sea ice and ice sheet mass, sea level rise, longer and more intense heat waves, and shifts in plant and animal habitats. Understanding such long-term climate trends is essential for the safety and quality of human life, allowing humans to adapt to the changing environment in ways such as planting different crops, managing our water resources and preparing for extreme weather events.

Ranking the Records

A separate, independent analysis by the National Oceanic and Atmospheric Administration (NOAA) concluded that 2020 was the second-warmest year in their record, behind 2016. NOAA scientists use much of the same raw temperature data in their analysis, but have a different baseline period (1901-2000) and methodology. Unlike NASA, NOAA also does not infer temperatures in polar regions lacking observations, which accounts for much of the difference between NASA and NOAA records.

Like all scientific data, these temperature findings contain a small amount of uncertainty – in this case, mainly due to changes in weather station locations and temperature measurement methods over time. The GISS temperature analysis (GISTEMP) is accurate to within 0.1 degrees Fahrenheit with a 95 percent confidence level for the most recent period.

Beyond a Global, Annual Average

While the long-term trend of warming continues, a variety of events and factors contribute to any particular year’s average temperature. Two separate events changed the amount of sunlight reaching the Earth’s surface. The Australian bush fires during the first half of the year burned 46 million acres of land, releasing smoke and other particles more than 18 miles high in the atmosphere, blocking sunlight and likely cooling the atmosphere slightly. In contrast, global shutdowns related to the ongoing coronavirus (COVID-19) pandemic reduced particulate air pollution in many areas, allowing more sunlight to reach the surface and producing a small but potentially significant warming effect. These shutdowns also appear to have reduced the amount of carbon dioxide (CO2) emissions last year, but overall CO2 concentrations continued to increase, and since warming is related to cumulative emissions, the overall amount of avoided warming will be minimal.

The largest source of year-to-year variability in global temperatures typically comes from the El Nino-Southern Oscillation (ENSO), a naturally occurring cycle of heat exchange between the ocean and atmosphere. While the year has ended in a negative (cool) phase of ENSO, it started in a slightly positive (warm) phase, which marginally increased the average overall temperature. The cooling influence from the negative phase is expected to have a larger influence on 2021 than 2020.

«The previous record warm year, 2016, received a significant boost from a strong El Nino. The lack of a similar assist from El Nino this year is evidence that the background climate continues to warm due to greenhouse gases,» Schmidt said.

The 2020 GISS values represent surface temperatures averaged over both the whole globe and the entire year. Local weather plays a role in regional temperature variations, so not every region on Earth experiences similar amounts of warming even in a record year. According to NOAA, parts of the continental United States experienced record high temperatures in 2020, while others did not.

In the long term, parts of the globe are also warming faster than others. Earth’s warming trends are most pronounced in the Arctic, which the GISTEMP analysis shows is warming more than three times as fast as the rest of the globe over the past 30 years, according to Schmidt. The loss of Arctic sea ice – whose annual minimum area is declining by about 13 percent per decade – makes the region less reflective, meaning more sunlight is absorbed by the oceans and temperatures rise further still. This phenomenon, known as Arctic amplification, is driving further sea ice loss, ice sheet melt and sea level rise, more intense Arctic fire seasons, and permafrost melt.

Land, Sea, Air and Space

NASA’s analysis incorporates surface temperature measurements from more than 26,000 weather stations and thousands of ship- and buoy-based observations of sea surface temperatures. These raw measurements are analyzed using an algorithm that considers the varied spacing of temperature stations around the globe and urban heating effects that could skew the conclusions if not taken into account. The result of these calculations is an estimate of the global average temperature difference from a baseline period of 1951 to 1980.

NASA measures Earth’s vital signs from land, air, and space with a fleet of satellites, as well as airborne and ground-based observation campaigns. The satellite surface temperature record from the Atmospheric Infrared Sounder (AIRS) instrument aboard NASA’s Aura satellite confirms the GISTEMP results of the past seven years being the warmest on record. Satellite measurements of air temperature, sea surface temperature, and sea levels, as well as other space-based observations, also reflect a warming, changing world. The agency develops new ways to observe and study Earth’s interconnected natural systems with long-term data records and computer analysis tools to better see how our planet is changing. NASA shares this unique knowledge with the global community and works with institutions in the United States and around the world that contribute to understanding and protecting our home planet.

NASA’s full surface temperature data set – and the complete methodology used to make the temperature calculation – are available at:

https://data.giss.nasa.gov/gistemp

GISS is a NASA laboratory managed by the Earth Sciences Division of the agency’s Goddard Space Flight Center in Greenbelt, Maryland. The laboratory is affiliated with Columbia University’s Earth Institute and School of Engineering and Applied Science in New York.

For more information about NASA’s Earth science missions, visit:

https://www.nasa.gov/earth

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SOURCE NASA

Dean Katamanin and The Future of Luxury Travel

NAPLES, Fla., Jan. 14, 2021 /PRNewswire/ — Amidst a global pandemic lockdowns and restrictions created a demand for consumers to pursue alternative methods in their search for travel whether they seek to reach family, less restricted areas or just plain ole fun. In Prior years Private jet travel used to be restricted to the uber-rich however in recent years the industry has seen changes such as hourly rate jet memberships, fractional ownership, and per seat bookings. There are over 4,000 private jet…

NAPLES, Fla., Jan. 14, 2021 /PRNewswire/ — Amidst a global pandemic lockdowns and restrictions created a demand for consumers to pursue alternative methods in their search for travel whether they seek to reach family, less restricted areas or just plain ole fun. In Prior years Private jet travel used to be restricted to the uber-rich however in recent years the industry has seen changes such as hourly rate jet memberships, fractional ownership, and per seat bookings. There are over 4,000 private jet terminals sprawling across the US, make it ideal for those traveling to those hard to reach locations especially with airlines cutting routes.  

In today’s world, discretionary spending is down, the average savings account has increased by 10%, the CARES Act lifted the Federal Excise Tax reducing the cost of private travel by 7.5%, making booking a jet more affordable or attractive compared to a cramped commercial aircraft. There are 134,071 people that «like» the Gulfstream Aerospace Corporation on Facebook while only 27,380 people «like» the Transportation Security Administration and if that tells you anything, it’s that people want to fly private and we’re entering an age where private travel is soaring and booking a private plane is almost as easy as booking an Uber.

Jet operators are looking for avenues to offset their owners’ monthly expenses, lower repositioning costs and reduce their number of empty legs, resulting in a rise in the accessibility of flying private. A handful of industry innovators can be credited with capitalizing on this industry wide shift, and one of the people leading the charge is Dimitri «Dean» Katamanin with his Naples-based company Jet Agency. Jet Agency is disrupting the private jet travel space by providing its customers access to its own proprietary technology (known as Jet Genius) to allow for streamline bookings, better flight management and logistics operations, as well as an easier and more user friendly customer experience. (insert a one or two line good review on the tech from a client here).

While many business leaders struggle to revive their careers at the beginning of 2021, Dean Katamanin finds himself positioned for more success than ever before. His MBA background and extensive industry knowledge have allowed him to focus on the tech side of private travel and enhance the customer experience by leaps and bounds. In a time when legacy travel companies are relying on dated scheduling and pricing systems, Dimitri is making things easier, more efficient, and more cost-effective for this expanding base of new customers.

Dean became fascinated with private aircrafts at a young age when traveling with his family and their friends on Frank Sinatra’s G2SP, taking in the landing through the flight attendants jump seat, instantly, he was hooked. Upon graduating from undergrad at Northwestern University, his passion was calling where he joined Jet Flite International, an operator of private aircraft, and was quickly promoted to Vice President. Not long thereafter, he started his own brokerage company.

To capitalize on the influences of the entertainment industry and their private lives, Dean’s career took flight upon hanging his wings as a partner at Jet79 where he teamed up with film studios, concert promoters, and sports teams which lead to an elite clientele of movie stars, musicians, and athletes as well as many high net worth individuals, through his ability to create superlative experiences via his personalized touches and first rate service.

Dean’s involvement in every facet of the jet business including owner, operator and broker allowed him to see the lack of synergies in the industry, where operators don’t cater to clients’ needs and clients can’t handle a fleet. Recognizing enhancements to technology and the role it plays in disrupting archaic industry, along with the flourishing demand in private travel, Dean’s career is soaring to new heights in his current position as the Managing Partner of Jet Agency. Jet Agency is transforming the private aviation industry with their proprietary technology by offering streamlined quoting and lower pricing through operational efficiencies. Not only will Jet Agency revolutionize the way private aviation is consumed today, but it will also make it more accessible with less hassle.

As a practicing yogi, Dean is a firm believer in one’s energy, and improving that of those around him through volunteering and financial contributions in memory of lost loved ones. Dean’s admiration towards his family and Russian heritage is what he credits as the nurturer of the positive outlook he shares, and his experiences with his family is the tenant that makes him who he is today. His optimism and resilience have served him well throughout 2020, making the best of these circumstances for his company and career.

Dimitri Katamanin received his Master of Business Administration in Advertising from Kellogg School of Management at Northwestern University, Evanston, Illinois, and his Bachelor of Arts in Economics and International Studies from Northwestern University, Evanston, Illinois.

Media Contact: Dean Katamanin
Contact Email: dk@jetagency.com
Phone Number: 310-893-3472
Website: https://jetagency.com/

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SOURCE Jet Agency

Fannie Mae Multifamily Closes 2020 With Record Volume of $76 Billion

WASHINGTON, Jan. 14, 2021 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) provided $76 billion in financing to support the multifamily market in 2020, the highest volume in the history of its 32-year-old Delegated Underwriting and Servicing (DUS®) program. During a year of pandemic-related disruptions to the nation’s economy and financial markets, Fannie Mae supported the needs of multifamily borrowers while increasing its commitment to affordable…

WASHINGTON, Jan. 14, 2021 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) provided $76 billion in financing to support the multifamily market in 2020, the highest volume in the history of its 32-year-old Delegated Underwriting and Servicing (DUS®) program. During a year of pandemic-related disruptions to the nation’s economy and financial markets, Fannie Mae supported the needs of multifamily borrowers while increasing its commitment to affordable housing.

«Fannie Mae continued to play an important role as a source of financing for multifamily rental housing at a time when borrowers and their tenants faced unprecedented challenges,» said Michele Evans, Executive Vice President of Multifamily, Fannie Mae. «Working with our DUS lenders, we served as a reliable source of financing for multifamily borrowers in an extraordinary year that called for the development of resources for renters and forbearance for borrowers.»

«We want to thank our DUS lenders for their partnership and help in ensuring liquidity for all multifamily market segments, at all times,» said Rob Levin, Senior Vice President of Multifamily Customer Engagement, Fannie Mae. «We are very proud that we exceeded our 2020 mission goal and we look forward to working with our lenders in 2021.»

Multifamily Affordable Housing volume rose more than 9 percent to $7.8 billion last year from $7.2 billion in 2019.  Structured Transactions volume totaled $11.6 billion, up nearly 34 percent from $8.6 billion in 2019, helping support multifamily affordable housing, particularly workforce housing. Our Manufactured Housing Communities financing program also helped support affordable housing, reaching a record $5.5 billion, a 120 percent increase from $2.5 billion in 2019.

The following top 10 DUS Lenders produced the highest business volumes in 2020. Also listed below are the Top 5 Lender rankings for highest volumes in 2020 for Structured Transactions, Multifamily Affordable Housing, Small Loans, Manufactured Housing Communities, Green Financing, Student Housing, and Seniors Housing:

Top 10 Producers in 2020

Volume ($Billion)

1.

Walker & Dunlop, LLC

$11.4

2.

CBRE Multifamily Capital, Inc.

$6.8

3.

Berkadia Commercial Mortgage, LLC

$6.7

4.

PGIM Real Estate

$5.2

5.

Newmark

$5.2

6.

Arbor Commercial Funding I, LLC

$4.8

7.

Wells Fargo Multifamily Capital

$4.7

8.

Greystone Servicing Company LLC

$4.7

9.

KeyBank National Association

$3.9

10.

Capital One, National Association

$3.8

Top 5 DUS Producers for Structured Transactions in 2020

  1. Walker & Dunlop, LLC
  2. Newmark
  3. PGIM Real Estate
  4. KeyBank National Association
  5. Wells Fargo Multifamily Capital

Top 5 DUS Producers for Multifamily Affordable Housing in 2020

  1. Wells Fargo Multifamily Capital
  2. JLL Real Estate Capital, LLC
  3. Walker & Dunlop, LLC
  4. PGIM Real Estate
  5. KeyBank National Association

Top 5 DUS Producers for Small Loans in 20201

  1. Arbor Commercial Funding I, LLC
  2. Greystone Servicing Company LLC
  3. Berkadia Commercial Mortgage, LLC
  4. Walker & Dunlop, LLC
  5. Lument Capital

Top 5 DUS Producers for Manufactured Housing Communities in 2020 

  1. Berkadia Commercial Mortgage, LLC
  2. Walker & Dunlop, LLC
  3. Wells Fargo Multifamily Capital
  4. Bellwether Enterprise Real Estate Capital, LLC
  5. PNC Real Estate

Top 5 DUS Producers for Green Financing in 20202

  1. CBRE Multifamily Capital, Inc.
  2. Walker & Dunlop, LLC
  3. Greystone Servicing Company LLC
  4. Berkadia Commercial Mortgage, LLC
  5. PGIM Real Estate

Top 5 DUS Producers for Student Housing in 2020

  1. Walker & Dunlop, LLC
  2. CBRE Multifamily Capital, Inc.
  3. Berkadia Commercial Mortgage, LLC
  4. KeyBank National Association
  5. NorthMarq

Top 5 DUS Producers for Seniors Housing in 2020

  1. Newmark
  2. KeyBank National Association
  3. Greystone Servicing Company LLC
  4. Lument Capital
  5. PNC Real Estate

Listed below are 2020 production highlights for individual business categories, which are included in the total multifamily production number:

  • Structured Transactions – $11.6 billion, an increase of nearly 34 percent from $8.6 billion in 2019
  • Affordable Housing – $9.3 billion, comprised of $7.8 billion in Multifamily Affordable Housing (for rent-restricted properties and properties receiving other federal and state subsidies), an increase of more than 9 percent from $7.2 billion in 2019; and $1.5 billion for properties with rent restrictions between 60 percent and 80 percent area median income
  • Small Loans1 – $7.6 billion, an increase of more than 58 percent from $4.8 billion in 2019
  • Manufactured Housing Communities – $5.5 billion, an increase of nearly 120 percent from $2.5 billion in 2019
  • Green Financing2 – $13 billion
  • Student Housing – $1.6 billion
  • Seniors Housing – $0.9 billion

1Small Loans are defined as loans of $6 million or less nationwide and loans for properties with 5-50 units.
2Green Loans are defined as loans for properties with Green Building Certifications or loans targeting a 30 percent reduction or more in energy and water consumption, inclusive of at least 15 percent energy reduction consumption. 
**Due to rounding, amounts reported may not add up to overall totals.

About Fannie Mae
Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit:
fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog

Fannie Mae Newsroom
https://www.fanniemae.com/news

Photo of Fannie Mae
https://www.fanniemae.com/resources/img/about-fm/fm-building.tif

Fannie Mae Resource Center
1-800-2FANNIE (800-232-6643)

 

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SOURCE Fannie Mae

Winter Labor Market is Getting Colder

NEW YORK, Jan. 14, 2021 /PRNewswire/ — Layoffs in the US labor market are rapidly trending upwards as the virus continues to spread. Initial unemployment claims rose by 181,000 to 965,000 in the week ended January 9th. In November, the average weekly number of claims was 740,000. Layoff rates from the Job Openings and Labor Turnover survey are also trending upwards, mostly due to restaurant layoffs. Layoff rates in the Accommodation and food services…

NEW YORK, Jan. 14, 2021 /PRNewswire/ — Layoffs in the US labor market are rapidly trending upwards as the virus continues to spread. Initial unemployment claims rose by 181,000 to 965,000 in the week ended January 9th. In November, the average weekly number of claims was 740,000. Layoff rates from the Job Openings and Labor Turnover survey are also trending upwards, mostly due to restaurant layoffs. Layoff rates in the Accommodation and food services industries rose from 1.1 percent in October to 3.4 percent in November. And December’s jobs report showed a decline for the first time since April.

The jump in initial unemployment claims in early January suggests that layoffs and job losses probably increased further as well, especially in restaurants. Restrictions on indoor dining combined with colder temperatures preventing outdoor dining, will continue to hurt restaurant jobs for the rest of the winter.

But while the outlook for the winter is bleak, the US labor market should get much stronger in the second half of 2021, mostly due to the impact of the vaccination campaign. By the summer, the United States could reach herd immunity, preceded by very low rates of new infections in the spring. In the United States, 3.5 to 5 million new jobs should be created by the first quarter of 2022, with the unemployment rate dipping below five percent.

 

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SOURCE The Conference Board

Latino Corporate Directors Association Weighs in on NASDAQ Proposal to Advance Diversity in Corporate Governance

WASHINGTON, Jan. 14, 2021 /PRNewswire/ — The Latino Corporate Directors Association (LCDA) submitted a comment letter in strong support…

WASHINGTON, Jan. 14, 2021 /PRNewswire/ — The Latino Corporate Directors Association (LCDA) submitted a comment letter in strong support of the Nasdaq Proposed Rule Change (a9SR-NASDAQ-2020-081) which would require Nasdaq-listed companies, subject to certain exceptions, to have at least one director who self-identifies as female, and at least one director who self-identifies as Black or African American, Hispanic or Latinx, Asian, Native American or Alaska Native, Native Hawaiian or Pacific Islander, two or more races or ethnicities, or as LGBTQ+, or to explain why the company does not meet this requirement. The proposed change would require Nasdaq-listed companies to provide statistical information on the company’s diversity on its board of directors.

The Latinx community is the fastest growing labor and consumer force in the United States.

«We support these rule changes because for too long SEC rules have permitted inadequate disclosure of directors’ diversity backgrounds, despite investor demand for this kind of information,» said Roel Campos, LCDA Chair and former Commissioner of the U.S. Securities and Exchange Commission (SEC). «This regulatory indifference has helped sustain the exclusion of American Latinos and other racial and ethnic minorities from boards and the C-suite, despite the existence of an adequate pipeline of qualified candidates. The gap between the labor force and executive representation is widest among Latinx than any other underrepresented group and it must end now.»

Latinos are severely underrepresented among Fortune 500 and 1000 boards and other public companies, and often forgotten when assessing director diversity. Latinos make up nearly 18 percent of the US Population, but less than 2 percent of board seats on the 1,000 largest Nasdaq-listed companies based on revenue.

Nasdaq’s diversity proposal comes at a time in our history when America’s broad Latinx community is increasingly wielding significant importance, both in the economic and political sectors. Latinos are making substantial contributions to the American economy. They are poised to make up 20 percent of the entire American workforce in 5 years and 30 percent by 2050 and Latinos spend $2.6 trillion annually. If the US Latinx population were a country, their Gross Domestic Product market growth rate would be third highest among all global economies. In fact, from 2017 to 2018, studies found that had it not been for strong growth in the US Latinx market, the US economy could have experienced contraction.

LCDA also supports the new disclosure requirements in Nasdaq’s diversity proposal. Current requirements make it difficult for investors to ascertain whether there are any Latinx board members. Investors need improved disclosures and transparency to gauge a company’s commitment to the Latinx community and market. In addition, there is a fiduciary benefit to diverse C-Suites. A 2020 report from McKinsey found, «…a positive, statistically significant correlation between company financial outperformance and [board] diversity, on the dimensions of both gender and ethnicity.» Notably, companies with significant gender diversity were, «…28% more likely than their peers to outperform financially.»

«The Latinx community is the fastest growing labor and consumer force in the United States, yet severely underrepresented among Fortune 500 and 1000 boards and often forgotten when assessing director diversity,» Campos added. «Nasdaq’s Proposal will assist significantly in ensuring that diversity statistics are transparently disclosed and in providing extremely important information to inform all investors in their decision making. Additionally, for those corporations that seek to improve the quality of their board diversity with Latinx representation, the Nasdaq Proposal will assist in that goal being accomplished. We urge the SEC to approve this proposal.»

ABOUT THE LATINO CORPORATE DIRECTOR’S ASSOCIATION
The Latino Corporate Directors Association (LCDA) is a national, membership organization promoting C-level and board diversity. Our organization champions diversity at the highest levels of corporate leadership behind a critical mission: increase the representation of US Latinos on corporate boards.

For more information: latinocorporatedirectors.org

Contact: Monique Navarro (915) 790-7788
mnavarro@latinocorporatedirectors.org

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SOURCE Latino Corporate Directors Association