Meredith Corporation to Launch Good Impressions, A Pro Bono Media and Marketing Consultation Program Designed to Support BIPOC and LGBTQIA-Majority Owned Small Businesses

NEW YORK, Feb. 24, 2021 /PRNewswire/ — Meredith Corporation (NYSE: MDP), the leading brand-led multi-platform media company – engaging nearly 95 percent of all U.S. women and more than 190 million unduplicated American consumers every month – today announced…

NEW YORK, Feb. 24, 2021 /PRNewswire/ — Meredith Corporation (NYSE: MDP), the leading brand-led multi-platform media company – engaging nearly 95 percent of all U.S. women and more than 190 million unduplicated American consumers every month – today announced the launch of Good Impressions, a pro bono media and marketing consultation program created to help BIPOC and LGBTQIA-majority owned small businesses succeed by driving awareness, supporting sales efforts and providing mentorship. Awarded to a select group of five to 10 businesses at various stages of growth and development, individual awards will be valued around $100K and offer access to Meredith’s marketing and advertising capabilities. Good Impressions will exclusively work with food and beauty companies, including those in the consumer package goods products space. The program, including its application process and the naming of the winning businesses, is scheduled to begin in the second quarter of this year.

«Good Impressions is a meaningful way for Meredith to help bridge the economic gap for minority-owned businesses and to advance diversity, equity and inclusion in the communities we serve,» said Catherine Levene, President, Meredith’s National Media Group and Executive Sponsor of :BLACKPRINT, the employee resource group representing Black voices at Meredith. «Driven by our core values that we can make a positive impact by supporting business owners, our program’s employee founders – Peachy-Jean Retizos, Senior Manager of Innovation, and Sharuq Alam, Senior Manager of Digital Finance, and supported by executive Ahu Terzi, VP of Corporate Beauty – developed this purposeful program. I’m proud of this collaborative effort and can’t wait to meet the talented recipients and help them achieve their dreams.» 

Award packages will be based on each business’s needs and goals and will encompass various forms of assistance. This support may include video consultations with key representatives across Meredith, spanning business intelligence, research/insights, creative, and marketing experts; introductory meetings with editorial leads across print, digital and social media; and media customized for the individual business’s critical needs.

Good Impressions will be open to anyone who is 18 years or older, identifies as BIPOC or LGBTQIA, and owns a small business incorporated in the U.S. with sales around $250,000 in a calendar year. The businesses’ products or services must be geared to womxn in food, beauty and the consumer package goods categories.  

According to the U.S. Chamber of Commerce, BIPOC and LGBTQAI-owned businesses have been hurt disproportionately by the pandemic. Data released in 2020 revealed that 66% of minority-owned businesses were concerned about permanently closing due to the pandemic. Simultaneously, 41% of Black-owned businesses closed by April 2020, followed by 32% of Latinx businesses and 26% of Asian businesses, in comparison to 17% of white businesses during the same time, per a National Bureau of Economic Research study.  

For more information, click here.

ABOUT MEREDITH CORPORATION’S NATIONAL MEDIA GROUP
Engaging 95 percent of American women across every stage and every day of their lives, Meredith Corporation’s National Media Group is home to 40+ iconic brands, including PEOPLE, Better Homes & Gardens, Allrecipes, Southern Living, REAL SIMPLE and Magnolia Journal. The company provides trusted content and experiences that resonate with a massive, highly receptive audience, reaching consumers where they are across digital, magazines, social platforms, video, audio and connected home assistants. Meredith’s powerful brands have enabled the company to become the No. 2 licensor globally, including more than 3,500 SKUs of branded products at Walmart. Meredith’s businesses also include leading affinity marketer Synapse, award-winning creative content studio Foundry and the Meredith Data Studio, whose proprietary first-party data and insights are leveraged for National Media Group offerings.

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SOURCE Meredith Corporation

$ 481.82 Million Growth in Lithography Metrology Equipment Market During 2020-2024 | 74% Growth to Come from APAC | Technavio

NEW YORK, Feb. 24, 2021 /PRNewswire/ — Amid the COVID-19 pandemic, the global lithography metrology equipment market registered a YOY growth of 6.37% in 2020 and the market is estimated to expand at a CAGR of about 7% during the forecast period. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios. – <a target="_blank"…

NEW YORK, Feb. 24, 2021 /PRNewswire/ — Amid the COVID-19 pandemic, the global lithography metrology equipment market registered a YOY growth of 6.37% in 2020 and the market is estimated to expand at a CAGR of about 7% during the forecast period. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios. – Free Sample Report will delivered in Minutes

 

Lithography Metrology Equipment Market: Strong demand for miniaturized electronic devices to drive growth

The rising demand for miniatured electronic products has led major electronic device manufacturers in the market to focus on the development of smaller products that consume less power without compromising on the performance. This has created the demand for smaller IC chips that deliver better performance and consume lesser power. These factors have increased the use of equipment such as photolithography systems to transfer the IC design from a photomask to a silicon wafer that is smaller in size. Therefore, the rising demand for miniatured electronic products is expected to fuel the growth of the market during the forecast period.

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As per Technavio, the growing automation in automobiles will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Lithography Metrology Equipment Market: Growing Automation in Automobiles

The ongoing trend of automation in the automobile industry has increased the use of semiconductor ICs in various applications such as GPS, ABS, power doors and windows, infotainment, and collision detection technology among others. Besides, the growing adoption of EVs and the advent of driverless and smart cars have further increased the applications of semiconductor devices in the automobile industry. The growing demand for semiconductor ICs has triggered the need for new and upgraded semiconductor production equipment from the chip manufacturers, which is positively influencing the growth of the market.

«Increase in wafer size and developments in nanotechnology will further boost market growth during the forecast period», says a senior analyst at Technavio.

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Lithography Metrology Equipment Market: Major Vendors

The report covers details on the market’s competitive landscape and offers information on the products offered by various companies, including:

  • Advantest Corp.
  • Applied Materials Inc.
  • ASML Holding NV
  • Canon Inc.
  • Carl Zeiss AG

Lithography Metrology Market: Segmentation Analysis

This market research report segments the lithography metrology equipment market by end-user (Foundry, Memory, and IDMs) and geography (APAC, Europe, MEA, North America, and South America).

The APAC region led the lithography metrology equipment market in 2020, followed by Europe, MEA, North America, and South America respectively. During the forecast period, APAC is expected to register the highest incremental growth due to the high concentration of major semiconductor device manufacturers in the region.

Technavio’s sample reports are free of charge and Gain competitive intelligence about market players. Track key industry trends, opportunities, and threats. Inform your marketing, brand, strategy, and market development. Request a free sample report

Related Reports on Information Technology Include:

Global Discrete Semiconductors Market – Global discrete semiconductors market is segmented by application (consumer electronics, ICT, industrial, and automotive) and geography (APAC, North America, Europe, MEA, and South America). Click Here to Get an Exclusive Free Sample Report

Global Semiconductor Process Control Equipment Market – Global semiconductor process control equipment market is segmented by end-user (memory manufacturers, foundries, and IDMs), type (inspection equipment, metrology equipment, and process control software), and geography (APAC, North America, Europe, South America, and MEA). Click Here to Get an Exclusive Free Sample Report

Some of the key topics covered in the report include:

Market Share by Competitors

Market Challenges

Market Drivers

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

News Insight: https://newsroom.technavio.com/lithography-metrology-equipment-market

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: https://www.technavio.com/report/lithography-metrology-equipment-market-industry-analysis

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SOURCE Technavio

BetMGM Launches Borgata Casino App in Pennsylvania

JERSEY CITY, N.J., Feb. 24, 2021 /PRNewswire/ — BetMGM today announced the launch of the Borgata Casino app in Pennsylvania, through a market access partnership with Rivers Casino Philadelphia. Borgata Casino joins BetMGM Casino, which launched in <a target="_blank"…

JERSEY CITY, N.J., Feb. 24, 2021 /PRNewswire/ — BetMGM today announced the launch of the Borgata Casino app in Pennsylvania, through a market access partnership with Rivers Casino Philadelphia. Borgata Casino joins BetMGM Casino, which launched in December, as BetMGM’s second online casino in the Keystone State.

«There are few casino brands as well-respected as Borgata, evident by the success we’ve seen with the Borgata Casino app in New Jersey,» said BetMGM CEO Adam Greenblatt. «Pennsylvania marks an important milestone for us as we introduce the Borgata Casino brand to the first state outside of New Jersey. We’re confident that players in Pennsylvania will enjoy the digital betting experience of Atlantic City’s premier casino.»

The Borgata Casino app features a wide variety of games including more than 150 slots and table games, such as Premium Blackjack Pro and MGM Grand Millions. Its progressive jackpot, linked to slot offerings and available to players in Pennsylvania, starts at $300,000. Upon signup, players will receive a 100% welcome deposit match, up to $1,000, and $20 in free play.

BetMGM’s integration with MGM Resorts’ M life Rewards program allows Borgata Casino customers in Pennsylvania to redeem their gameplay for world-class accommodations at iconic MGM Resorts properties nationwide, such as Bellagio and MGM Grand in Las Vegas, Borgata in New Jersey, and MGM National Harbor in Maryland.

As BetMGM continues to expand into new states, responsible gaming education remains a key focus. The organization is proud to provide resources to help customers play responsibly. Borgata Casino is available for download on iOS and Android, and accessible via desktop. To learn more about BetMGM, follow @BetMGM on Twitter.

About BetMGM

BetMGM is a market leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM’s U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain’s US-licensed, state of the art technology, BetMGM offers sports betting and online gaming via market leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit http://www.betmgminc.com  

Statements in this release that are not historical facts are «forward-looking» statements and «safe harbor statements» within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including BetMGM’s ability to grow in new or existing jurisdictions. Management has based forward-looking statements on current expectations and assumptions and not on historical facts. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the effects of economic and market conditions in the jurisdictions in which BetMGM operates, competition with other iGaming and sports betting platforms, the timing and costs of expanding in new jurisdictions as well as obtaining and maintaining the required permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions. In providing forward-looking statements, BetMGM is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If BetMGM updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

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SOURCE BetMGM

Saulsbury Awarded EPC Contract for CNG Loading Station in West Texas

ODESSA, Texas, Feb. 24, 2021 /PRNewswire/ — Saulsbury is pleased to announce the recent award for the EPC delivery of a 10 MMCF/D Compressed Natural Gas (CNG) loading station in West Texas. This EPC contract was awarded from North America’s leading provider of low carbon energy solutions for customers in the energy, utility, and industrial sectors. Saulsbury is proud to be a part of this substantial step towards building a cleaner…

ODESSA, Texas, Feb. 24, 2021 /PRNewswire/ — Saulsbury is pleased to announce the recent award for the EPC delivery of a 10 MMCF/D Compressed Natural Gas (CNG) loading station in West Texas. This EPC contract was awarded from North America’s leading provider of low carbon energy solutions for customers in the energy, utility, and industrial sectors. Saulsbury is proud to be a part of this substantial step towards building a cleaner energy future by providing reliable, clean-burning fuel options to the general public.

Saulsbury is proud to be a part of this substantial step towards building a cleaner energy future.

As a cleaner burning fuel, CNG is more environmentally friendly than other common fuels such as gasoline, diesel, and liquefied petroleum gas (LPG). Utilization of CNG in lieu of these other fuel sources significantly reduces the amount of carbon monoxide (CO) and nitrous oxides (NOx) produced during combustion. The increased demand for low carbon energy options is driving expansion across this leading CNG operator’s integrated CNG platform and Saulsbury is pleased to support this growth. Saulsbury will be responsible for the engineering/design of the facility including compressors, heat exchangers, chillers, an electrical power distribution building, and truck loading stations. Saulsbury will also be responsible for the turnkey construction of the facility.

«Partnering with our client on the continued growth of their CNG infrastructure is an exciting step in Saulsbury’s initiatives for diversification and expansion of our core business lines, and yet another step forward for our ESG initiatives.» said Sean Trotter – VP – EPC Engineering & Major Projects.

Saulsbury could not be more pleased to partner with this very important client to bring both company’s dreams of clean energy with lower operating costs and a lower impact on the environmental to fruition.  We are very thankful for this great opportunity to be a part of this vision for the future.

About Saulsbury Industries
Saulsbury Industries is a full-service engineering, procurement, fabrication, and construction company that specializes in building the infrastructure necessary to fuel the future. Saulsbury serves its clients in heavy industrial markets by designing and building safe, well executed, capital-efficient projects nationwide. Headquartered in Odessa, Texas, the company’s national office footprint includes, Dallas; Houston; Port Arthur; Henderson; Abilene; Pecos, TX; Carlsbad, NM; Tulsa, OK; and Bismarck, ND. For more information, please visit www.saulsbury.com and follow Saulsbury on LinkedIn, Facebook, or Twitter.

 

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SOURCE Saulsbury Industries

Redwood Markets Launches U.S. LNG Cargo Date Swaps Inside the Redwood Marketplace

HOUSTON, Feb. 24, 2021 /PRNewswire-PRWeb/ — Redwood Markets Inc. are pleased to announce the launch of United States Liquefied Natural Gas (LNG) Cargo Date Swaps inside the Redwood Marketplace LNG Trading Platform. The Redwood Marketplace is an online commodity trading platform that enables buyers and sellers of…

HOUSTON, Feb. 24, 2021 /PRNewswire-PRWeb/ — Redwood Markets Inc. are pleased to announce the launch of United States Liquefied Natural Gas (LNG) Cargo Date Swaps inside the Redwood Marketplace LNG Trading Platform. The Redwood Marketplace is an online commodity trading platform that enables buyers and sellers of physical liquefied natural gas (LNG) to negotiate and confirm commercial terms while offering central market efficiency, customized complex markets, and multiple trading formats to the global community of LNG stakeholders.

Cargo Date Swaps are intended to address the growing market for loadings of FOB U.S. LNG. The growing market is increasingly complicated by the uncertainty of shipping logistics coupled with narrow loading windows at U.S. liquefaction terminals. U.S. LNG projects require their capacity holders and customers to decide whether they wish to lift or cancel cargoes by a specific date each month. These companies are faced with 4 options:

1. Lift the cargo in a vessel they control
2. Sell the cargo FOB (this can also be via a FOB/DES deal)
3. Swap the lifting date of the cargo for one that offers better logistical efficiency and
potentially profit
4. Cancel the cargo

The first 2 options have existed for some time and are well understood by cargo holders; however, the third option is one that can only be addressed currently by offering the cargo to potential counterparts either directly or via a broker. The Redwood Marketplace offers a faster and more discreet approach.

«U.S. LNG Cargo Date Swaps are a new addition to the Redwood Marketplace designed to initially address the specific needs of U.S. off-takers who are contractually exposed to significant shipping risks,» said Ajay Batra, President of Redwood Markets. «The platform allows off-takers to easily swap their lifting dates with others that have more flexibility, reducing the risk to all off-takers and creating a more efficient U.S. LNG market. Additionally, the platform allows off-takers to anonymously list their need without having to give up their name and situation before finding a trading partner. The platform is designed to support global DES/FOB cargo swaps/exchanges as well and we plan to announce this feature in the next product release in Q2 this year.»

The U.S. LNG Cargo Date Swap markets are available today. To find out more or to request access to the Redwood Marketplace, please contact Redwood Markets at info@redwoodmarkets.com

About Redwood Markets Inc.
Redwood Markets Inc. is the operator of The Redwood Marketplace, an online venue for trading physical liquefied natural gas and other commodities. Redwood Markets specializes in the evolution of commodity markets by providing tools and distribution mechanisms for solutions that reduce the friction involved in negotiating and executing commodity transactions. Through the systematic and planned reduction of trading impediments, Redwood Markets provides a forum where liquidity can be optimized, and thus increasing investment and opportunity for market participants. Find out more about Redwood Markets at http://www.redwoodmarkets.com/

Media Contact

AJAY BATRA, Redwood Markets, INC, +1 7133064885, info@redwoodmarkets.com

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SOURCE Redwood Markets, INC

Vermont Department of Motor Vehicles and sComm Launch Use of Communication Devices for People Who are Deaf or Hard of Hearing

MONTPELIER, Vt., Feb. 24, 2021 /PRNewswire-PRWeb/ — The Vermont Department of Motor Vehicles (DMV) and sComm today announced that they…

MONTPELIER, Vt., Feb. 24, 2021 /PRNewswire-PRWeb/ — The Vermont Department of Motor Vehicles (DMV) and sComm today announced that they have launched the use of new devices that will enable people who are deaf or hard of hearing to communicate easily and effectively with staff at all DMV locations.

«This is another exciting step in the modernization of Vermont’s DMV,» said Commissioner Wanda Minoli. «Our focus is always on providing superior customer service, and these devices will allow for a much better experience for Vermonters who are deaf or hard of hearing.»

The devices, called UbiDuo 3, contain two keyboards with two small screens to enable the customer and the DMV employee to communicate while opposite each other on either side of the service counter. The DMV partnered with sComm, the leading developer of the UbiDuo, to meet the Department’s goal of providing barrier-free, face-to-face customer service at all branch offices statewide. The UbiDuo enables people who are deaf or hard of hearing to communicate with others without a sign language interpreter by using two-way, simultaneous, real-time keyboards. People who are deaf or hard of hearing and hearing people can now talk to each other face-to-face and interact simultaneously by using this device.

A federal grant award from the Federal Motor Carrier Safety Administration (FMCSA) in the amount of $22,954 was used to purchase 11 UbiDuo devices.

Flyers have been posted at all DMV locations to inform customers that the devices are available. All branch counter supervisors have completed a training on how to use the UbiDuo3.

Media Contact

Emma Curry, sComm, +1 (660) 287-6470, emma@scomm.com

Info, sComm, (816) 350-7008, Info@scomm.com

Facebook

 

SOURCE sComm

Oceania Cruises Unveils 2022-2023 Tropics And Exotics Itineraries

MIAMI, Feb. 24, 2021 /PRNewswire/ — Oceania Cruises, the world’s leading culinary- and destination-focused cruise line, announced that its 2022-2023 Tropics and Exotics Collection of voyages is available for travelers and travel advisors to preview online at OceaniaCruises.com. Fresh on the heels of the line’s record-setting single-day sellout of its 2023 Around the World in 180 Days voyage, Oceania Cruises is opening these 127 new late-2022 and early-2023 voyages for sale on <span…

MIAMI, Feb. 24, 2021 /PRNewswire/ — Oceania Cruises, the world’s leading culinary- and destination-focused cruise line, announced that its 2022-2023 Tropics and Exotics Collection of voyages is available for travelers and travel advisors to preview online at OceaniaCruises.com. Fresh on the heels of the line’s record-setting single-day sellout of its 2023 Around the World in 180 Days voyage, Oceania Cruises is opening these 127 new late-2022 and early-2023 voyages for sale on March 3, 2021.

«Both loyal past guests and first-time guests alike have shown an almost unquenchable thirst for worldwide travel with our 2022 itineraries and our recently launched 2023 world cruise and we are certain they will be delighted with this latest collection of memorable, exotic experiences,» stated Bob Binder, President & CEO of Oceania Cruises.

More Diverse Itineraries, More Overnights, and More Itinerary Lengths Ranging from 7 to 77 Days

From week-long winter getaways to languid, months-long sojourns, the 2022-2023 Tropics and Exotics Collection of itineraries are breathtaking in their scope, range, and diversity. Travelers can indulge in a quick escape to the Caribbean from Miami, Aruba, Barbados, or even glittering Panama City. Tahiti and the islands of French Polynesia beckon with their sultry allure while the wilds of Africa, the myriad cultures of Asia, and the experiential kaleidoscope that is Australia and New Zealand offer innumerable epic adventures. South America takes center stage this season with the juxtaposition of pulsating metropolitan cities such as Rio de Janeiro and Buenos Aires against the majesty of pristine Chilean fjords and the fabled Amazon River basin. New for this season, four South America voyages offer the breathtaking grandeur and unforgettable experience of three days in Antarctica. These voyages are made all the richer with overnight and multi-day stays on many itineraries.

2022-2023 Tropics & Exotics Collection Highlights

  • 127 itineraries to choose from ranging from 7 to 77 days
  • 272 ports of call and 284 overnight or multi-day stays
  • Total of 62 extended explorations of 15 to 77 days that are perfect for long-cruise connoisseurs
  • Antarctica – four voyages aboard Marina that include scenic cruising in Antarctica
  • Caribbean – a diverse calendar of offerings with a great array of voyage lengths (from 7 to 77 days), a wide array of longer voyages with 12 cruises that are 15 days or more in length, and new embarkation ports beyond Miami in Bridgetown, Barbados; Panama City, Panama; and Oranjestad, Aruba 
  • 22 voyages aboard Regatta and Nautica spanning the entirety of Asia and Africa ranging from 10 to 40 days 
  • Three trans-Tasman Australia/New Zealand voyages aboard Regatta + six voyages that explore the South Pacific, Polynesia, and Hawaii
  • Marina offers three forays into the mighty Amazon 
  • Nautica reprises her perennially popular voyages to Africa, India, and the Arabian Peninsula 
  • 35-day Christmas and New Year’s circumnavigation of Australia 
  • Three springtime immersions into Japan, sailing roundtrip from Tokyo 
  • The diversity of enriching destination experiences with our Go Local Tours, exclusive culinary-focused excursions, and overland-tours that offer access to some of the world’s most fabled historical, cultural, and archaeological sites

For additional information on Oceania Cruises’ small-ship luxury product, exquisitely crafted cuisine, and expertly curated travel experiences, visit OceaniaCruises.com, call 855-OCEANIA, or speak with a professional travel advisor.

About Oceania Cruises

Oceania Cruises is the world’s leading culinary- and destination-focused cruise line. The line’s six small, luxurious ships carry only 684 or 1,250 guests featuring the finest cuisine at sea and destination-rich itineraries that span the globe. Expertly curated travel experiences aboard the designer-inspired, small ships call on more than 450 marquee and boutique ports across Europe, Alaska, Asia, Africa, Australia, New Zealand, New England-Canada, Bermuda, the Caribbean, the Panama Canal, Tahiti and the South Pacific in addition to the epic 180-day Around the World Voyages. The brand has two 1,200-guest Allura class ships on order.

With headquarters in Miami, Oceania Cruises is owned by Norwegian Cruise Line Holdings Ltd., a diversified cruise operator of leading global cruise brands which include Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises.

About Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. With a combined fleet of 28 ships with approximately 59,150 berths, these brands offer itineraries to more than 490 destinations worldwide. The Company has nine additional ships scheduled for delivery through 2027.

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SOURCE Oceania Cruises

Global and China Automotive Seat Motor Markets, 2020-2026

DUBLIN, Feb. 24, 2021 /PRNewswire/ — The «Global and China Automotive Seat Motor Industry Report, 2020-2026» report has been added to ResearchAndMarkets.com’s offering.

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DUBLIN, Feb. 24, 2021 /PRNewswire/ — The «Global and China Automotive Seat Motor Industry Report, 2020-2026» report has been added to ResearchAndMarkets.com’s offering.

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In the global market of automotive seat motors, Japanese players lead the pack and four out of the world’s top eight seat motor tycoons are from Japan (Denso, Nidec, Mitsuba, and Mabuchi), holding market shares 45% together. In addition, German-based Bosch, Brose and Chinese peers Johnson Electric and Shenghuabo Group are the competitive suppliers.

The automotive seat is a key integral part of a car in relation to ride comfort and safety, and it is growing ever versatile with technological advances. The power seat or electric seat has come to the fore in the market, possessing height regulating motors, sliding motors, electronic control modules, heater, massager, memory among others.

The power seat was first available onto some luxury cars and then equipped progressively to the medium and high-grade models whose sales boom in turn helped a rise in the installation rate of electric seats, which is naturally a boon for the burgeoning demand for automotive seat motors. In 2019, global shipments of power seat motor reached 157 million units, a figure projected to be approximately 147 million units in 2020 due to the still devastating COVID-19 worldwide, to hopefully recover as the pandemic eases and draw close to 217 million units in 2026.

The production and sales of upscale cars is on a steady rise annually in China, the largest producer and consumer of automobiles in the world, calling for more and more automotive seat motors whose shipments in the country in 2019 posted 30.9 million units and enjoyed a global share of more than 24.3%. The faster growing Chinese seat motor market than the global market arises from a transfer of the market demand to the medium- and high-end products and a spurt in sales growth of medium- and high-grade passenger cars, invigorating the seat motor sector measurably.

Boasting at least 300 branches and operations in over 40 countries, Nidec Corporation dedicates itself to the R&D, production and sale of precision small motors to ultra-large electric motors. Also is Nidec second to none in the vehicle motor field, sweeping roughly 16.5% shares in 2019 in the automotive seat motor market and ranking first. Nidec entered China in 1989 and is now in possession of 36 plants, 54 marketing companies and offices with a workforce of virtually 40,000 there. In June 2020, Nidec announced about JPY100 billion or RMB6.5 billion for building a factory (where a R&D base settles) in Dalian city, China, and the base is to produce the driving motors for both battery electric vehicle and home appliances.

As one of the largest suppliers of auto parts and systems in the world, Denso Corporation has 179 associated companies in more than 30 countries and regions. With its automotive motor business mainly from ASMO, Denso is aggressively seeking innovations in its state-of-the-art technologies and electromechanical products and had a business reshuffle with ASMO in 2017 (incorporating the latter’ motor business inclusive of automotive seat motor to Denso). In 2019, Denso held a global share of 13.1% or so in the automotive seat motor market. Denso (Tianjin) Motor Co., Ltd is the largest manufacturing base for automotive seat motors of Denso in China, with annual capacity outnumbering 3 million units.

Established in 1959, Johnson Electric is a large multi-national corporation from Hong Kong (China) and has a strong market leadership in the design, R&D and production of micro motors and integrated motor systems. With about 35,000 contract workers in 23 countries, Johnson Electric is a global leading provider delivering total seat driving solutions for front/rear seat, seat tilt, height regulation, seat reclining, headrest regulation, lumbar support and seat haptic feedback. It seized a global market share of 10.1% in 2019.

Key Topics Covered:

1. Overview of Automotive Seat Motor
1.1 Automotive Power Seat
1.2 Definition and Classification
1.3 Technical Standards

2. Global Automotive Seat Motor Industry
2.1 Status Quo
2.2 Market Situation

3. China Automotive Seat Motor Industry
3.1 Development Environment
3.2 Market Situation
3.2.1 Market Size
3.2.2 Competitive Landscape
3.3 Development Trend

4. Downstream Automotive Seat Industry
4.1 Automobile
4.2 Automotive Seat
4.2.1 Market Size
4.2.2 Competitive Landscape

5. Foreign Automotive Seat Motor Manufacturers
5.1 Nidec
5.1.1 Profile
5.1.2 Operation
5.1.3 Automotive Seat Motor Business
5.2 Mabuchi
5.3 Brose
5.4 Denso
5.5 Bosch
5.6 Mitsuba

6. Chinese Automotive Seat Motor Manufacturers
6.1 Johnson Electric
6.1.1 Profile
6.1.2 Operation
6.1.3 Automotive Seat Motor Business
6.2 Shenghuabo Group
6.2.1 Profile
6.2.2 Automotive Seat Motor Business
6.2.3 Zhejiang SHB Automotive Appliance, Shanghai Co., Ltd.
6.2.4 Zhejiang SHB Automotive Appliance, Anhui Co., Ltd.
6.3 Founder Motor
6.3.1 Profile
6.3.2 Operation
6.3.3 Automotive Seat Motor Business
6.4 Ningbo Shuanglin Auto Parts Co., Ltd.
6.4.1 Profile
6.4.2 Operation
6.4.3 Automotive Seat Motor Business
6.5 Others
6.5.1 Zhejiang Kefon Auto-Electric Co., Ltd.
6.5.2 Jiangsu Yidong Aviation Machinery Co., Ltd.
6.5.3 Zhangjiagang Heli Motor Co., Ltd.
6.5.4 Shenzhen Puda Motor Co., Ltd.
6.5.5 Shanghai Mansda Industrial Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/lfa6ti

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Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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Zymergen Appoints Global Finance Expert Enakshi Singh as Chief Financial Officer

EMERYVILLE, Calif., Feb. 24, 2021 /PRNewswire/ — Biofacturing leader Zymergen today announced it has promoted Enakshi (Ena) Singh to Chief Financial Officer. Singh has helped Zymergen close more than $1B in equity financing and $100M in…

EMERYVILLE, Calif., Feb. 24, 2021 /PRNewswire/ — Biofacturing leader Zymergen today announced it has promoted Enakshi (Ena) Singh to Chief Financial Officer. Singh has helped Zymergen close more than $1B in equity financing and $100M in debt since joining Zymergen as vice president of finance in 2014, fueling the company’s early growth, testing, de-risking, and product development. Singh’s promotion comes as Zymergen moves into commercial and operational scaling, following the $300M in new investment last year, which has further accelerated their discovery and production of novel, high-performance materials.

«Ena has a proven track record earning the confidence of some of the leading and most demanding global investors to embrace the power and opportunity of biofacturing,» says Josh Hoffmann, Zymergen CEO. «Our business is not your typical cloud or biotech platform, and Ena has charted a masterful financial course for a new kind of science and technology company. She is the right person to lead financial strategy for our next chapter, focusing on expanding our commercial operations and sales.»

Singh previously served as SVP of asset management at Mubadala, Abu Dhabi’s $230B sovereign wealth fund, where she led complex semiconductor investments involving specialized manufacturing and unique investment and scaling models that are a direct parallel for Zymergen’s biofacturing platform. Previously, she was the VP of technology investment banking at Merrill Lynch and an analyst for Latin American investment banking at Salomon Smith Barney. She earned a BA in economics at Cornell University and an MBA at MIT Sloan School of Management.

«Ena’s ability to seamlessly move between investors and customers, coupled with her deep understanding of Zymergen’s business model and technology platform, has garnered enthusiastic support from the board and investors alike,» said Sandi Peterson, Zymergen board member and former Group Worldwide Chairwoman of Johnson & Johnson. «She brings the right experience at the right time to lead Zymergen’s expansion into commercial markets.»

«In seven years, Zymergen has grown from an idea to a thriving platform company, with one product in market and many more on the way,» said Singh. «Zymergen is winning customer confidence that we can discover breakthrough materials, and also scale and deliver them to demanding markets like electronics, consumer care and agriculture. Innovators seek new materials to accomplish today’s toughest challenges — and Zymergen’s biofacturing platform is delivering.»

Based on our early experience, Zymergen develops and launches high-performance products more sustainably and for a fraction of the cost and time that it typically takes using legacy petrochemical techniques. A unique combination of biology, chemistry, software and automation fuels Zymergen’s high-throughput biodiscovery engine, enabling the company to discover, design and commercialize new materials at unprecedented speed. 

About Zymergen
Zymergen is a biofacturing company using biology to reimagine the world. Zymergen partners with nature to create, develop and manufacture breakthrough products and materials across industries – from agriculture to electronics, consumer care to pharmaceuticals, and more. The company produces a suite of high performing, sustainable materials in use today, delivering value for Fortune 500 companies with over $1 billion worth of products using Zymergen microbial innovations sold to date. Learn more at zymergen.com.

 

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SOURCE Zymergen

/R E P E A T — Advisory – Boralex will Release its 2020 Fourth Quarter Financial Results on February 25/

MONTREAL, Jan. 28, 2021 /PRNewswire/ – Boralex Inc. («Boralex» or «the Corporation») announces that the release of the 2020 Fourth quarter results will take place on Thursday, February 25, 2021, at 10 a.m.

Financial analysts and investors are invited to attend a conference call during which the financial results will be presented.

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MONTREAL, Jan. 28, 2021 /PRNewswire/ – Boralex Inc. («Boralex» or «the Corporation») announces that the release of the 2020 Fourth quarter results will take place on Thursday, February 25, 2021, at 10 a.m.

Financial analysts and investors are invited to attend a conference call during which the financial results will be presented.

Date and time:

Thursday, February 25, 2021, at 10 a.m. ET

Dial-in numbers:

1-888-231-8191 or 647-427-7450

Media and other interested individuals are invited to listen to the conference and view a presentation which will be broadcasted live and on a deferred basis on the Boralex website at www.boralex.com. A full replay will also be available by dialing toll free at 1-855-859-2056 until March 4, 2021. The access code is 7219518, followed by the pound sign (#).

The financial information will be released through a press release and on Boralex’s website on February 25, 2021, at 7 a.m.

About Boralex

Boralex develops, builds and operates renewable energy power facilities in Canada, France, the United Kingdom and the United States. A leader in the Canadian market and France’s largest independent producer of onshore wind power, the Corporation is recognized for its solid experience in optimizing its asset base in four power generation types — wind, hydroelectric, thermal, and solar. Boralex ensures sustained growth by leveraging the expertise and diversification developed for the past 30 years. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX. More information is available at www.boralex.com or www.sedar.com. Follow us on Facebook, LinkedIn and Twitter.

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SOURCE Boralex Inc.