Autor: venred

Comerica Bank’s Texas Index Improved

DALLAS, Jan. 5, 2021 /PRNewswire/ — Comerica Bank’s Texas Economic Activity Index increased in October to 121.1. October’s index reading was 27 percent above the index historical low of 95.5. The index averaged 139.7 points for all of 2019, 4.4 points above the average for 2018. September’s index reading was 119.0.

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DALLAS, Jan. 5, 2021 /PRNewswire/ — Comerica Bank’s Texas Economic Activity Index increased in October to 121.1. October’s index reading was 27 percent above the index historical low of 95.5. The index averaged 139.7 points for all of 2019, 4.4 points above the average for 2018. September’s index reading was 119.0.

Our Texas Economic Activity Index improved for the fourth consecutive month in October, reflecting improving economic conditions prior to the current surge in coronavirus cases. We expect to see our state indexes cooling again in late 2020 and early 2021 as states and cities respond to critical limits on hospital capacity by tightening and extending social mitigation policies. In October, eight out of nine index components were positive including nonfarm payrolls, unemployment insurance claims (inverted), housing starts, house prices, industrial electricity demand, drilling rig count, total state trade and hotel occupancy. Only the state sales tax revenue sub-index went negative for the month. This was the third consecutive month that eight out of nine sub-indexes were positive for Texas. It is noteworthy that the rig count sub-index ended a 16 month declining streak by turning positive for October. Improving global demand helped to firm up oil prices at the end of 2020, to near $48 per barrel through December. In response, the Texas drilling rig count also firmed up through year-end. After bottoming out at 100 active rigs in mid-August, the rig count improved to 161 rigs in early January. The percentage gain in the rig count is impressive, but these are very low levels. Further, we can say that the rate of improvement in the Texas rig count eased through December. This will keep the support to the rest of the state economy from the oil industry subdued through early 2021.

The Texas Economic Activity Index consists of nine variables, as follows: nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales, Texas rotary rig count, total trade, hotel occupancy and sales tax revenue. All data are seasonally adjusted. Nominal values have been converted to constant dollar values. Total index levels are expressed in terms of three-month moving averages.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $83.6 billion at September 30, 2020.

To subscribe to our publications or for questions, contact us at ComericaEcon@comerica.com. Archives are available at http://www.comerica.com/insights. Follow us on Twitter: @Comerica_Econ.

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SOURCE Comerica Bank

Global Hoverboard Market Trajectory and Analytics to 2027 and Global Competitor Market Shares

DUBLIN, Jan. 5, 2021 /PRNewswire/ — The «Hoverboard – Global Market Trajectory & Analytics» report has been added to ResearchAndMarkets.com’s offering….

DUBLIN, Jan. 5, 2021 /PRNewswire/ — The «Hoverboard – Global Market Trajectory & Analytics» report has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

Amid the COVID-19 crisis, the global market for Hoverboard estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$1.9 Billion by 2027, growing at a CAGR of 4.8% over the period 2020-2027. Single Wheeled, one of the segments analyzed in the report, is projected to grow at a 5.2% CAGR to reach US$609.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Double Wheeled segment is readjusted to a revised 4.7% CAGR for the next 7-year period. This segment currently accounts for a 68.9% share of the global Hoverboard market.

The Hoverboard market in the U. S. is estimated at US$396.8 Million in the year 2020. The country currently accounts for a 28.94% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$337.3 Million in the year 2027 trailing a CAGR of 7.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR while Rest of European market (as defined in the study) will reach US$337.3 Million by the year 2027.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

  • Airwheel Technology Holding (USA) Co., Ltd.
  • Fosjoas Technology Co., Ltd.
  • Hama GmbH & Co KG
  • Hangzhou CHIC Intelligent Technology Co., Ltd.
  • Inventist, Inc.
  • IO Hawk Invest GmbH
  • Ninebot Ltd.
  • Razor USA LLC.
  • Shenzhen JIALIKE Electronic Company Ltd.
  • Shenzhen Rooder Technology Co., Ltd.
  • Swagway LLC (Swagtron)
  • Zhengzhou F-wheel Industrial Co., Ltd.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of COVID-19 and a Looming Global Recession
  • Global Competitor Market Shares
  • Hoverboard Competitor Market Share Scenario Worldwide (in %): 2018E

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/fgv1ys

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

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

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SOURCE Research and Markets

Carolina Retreats purchases iconic Manteo inn

SURF CITY, N.C., Jan. 5, 2021 /PRNewswire/ — Carolina Retreats, a specialty lodging and vacation rental management company based in Surf City, North Carolina, announced the recent purchase of The Tranquil House Inn. The inn will become part of Carolina Retreats’ family of brands, which also includes Carolina Retreats Vacation Rentals, Topsail Realty Vacations, the <a target="_blank"…

SURF CITY, N.C., Jan. 5, 2021 /PRNewswire/ — Carolina Retreats, a specialty lodging and vacation rental management company based in Surf City, North Carolina, announced the recent purchase of The Tranquil House Inn. The inn will become part of Carolina Retreats’ family of brands, which also includes Carolina Retreats Vacation Rentals, Topsail Realty Vacations, the Loggerhead Inn on Topsail Island, and The Beach House @ Oak Island.

Built in 1988 by developer Ray Hollowell and owned and operated for the past 27 years by The Tranquility Company and the Just family, The Tranquil House Inn is located in one of the most iconic locations in historic Manteo. Overlooking Manteo’s historic waterfront, the inn offers unobstructed direct marina views of Shallowbag Bay. The Tranquil House Inn offers 25 quaint and spacious king and queen rooms and is a 2-minute walk from Roanoke Island Festival Park, 4 miles from the North Carolina Aquarium, and within walking distance of all the world-class dining and shopping options of downtown Manteo. Carolina Retreats plans to make improvements to the overall property over time, with room upgrades and a future announcement of plans for the former 1587 restaurant space.

According to Mike Harrington, CEO & Owner of Carolina Retreats, «The Tranquil House Inn is truly one of the most iconic boutique properties on the Outer Banks. As a hospitality management provider, we felt this opportunity was just too good to pass up. It fits a niche within our company, which is offering both traditional vacation rental homes on a mostly weekly basis, and smaller, historically significant beach motel and inn properties for shorter stays and smaller traveling parties. It benefits both our guests and property owner partners in the long run, as we can reach more potential travelers that might not be thinking of renting an entire home just yet, and hopefully appeal to the next generation vacation rental guests by offering a consistent brand experience regardless of the property type they choose.»

To learn more visit www.TranquilHouseInn.com. Read more about the acquisition: Click Here.

About Carolina Retreats

Carolina Retreats is a specialty lodging and vacation rental management company headquartered in Surf City, North Carolina. Carolina Retreats owns, operates, and provides third-party management services for high-end single family vacation rental homes, and intimate, limited-edition hotels and inns throughout the coastal regions of North Carolina. To learn more about Carolina Retreats, visit www.CarolinaRetreats.com.

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SOURCE Carolina Retreats Vacation Group

Comerica Bank’s Michigan Index Inched Higher

DALLAS, Jan. 5, 2021 /PRNewswire/ — Comerica Bank’s Michigan Economic Activity Index increased in October to a level of 106.2. October’s reading was 22 percent higher than the historical low. The index averaged 117.9 points for all of 2019, 0.6 points below the index average for 2018. September’s index reading was 105.6.

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DALLAS, Jan. 5, 2021 /PRNewswire/ — Comerica Bank’s Michigan Economic Activity Index increased in October to a level of 106.2. October’s reading was 22 percent higher than the historical low. The index averaged 117.9 points for all of 2019, 0.6 points below the index average for 2018. September’s index reading was 105.6.

Our Michigan economic activity index increased for the fourth consecutive month in October, reflecting improving economic conditions prior to the current surge in coronavirus cases. Ominously, the rate of improvement in the Michigan Index has declined for each of the last three months. We expect to see our state indexes cooling more in late 2020 and early 2021 as states and cities respond to critically limited hospital capacity by tightening and extending social mitigation policies. In October, we saw mixed results for Michigan. Four out of nine index components were positive including nonfarm employment, unemployment insurance claims (inverted), housing starts and house prices. The five negative components were industrial electricity demand, light vehicle production, total state trade, hotel occupancy, and sales tax revenue. While overall manufacturing conditions are improving globally, in the U.S. and in Michigan, the critical auto industry looks vulnerable to weaker sales this winter. Light vehicle production increased in November to an 11.0 million unit annual rate as sales slipped to a 15.9 million unit rate nationwide, down from 16.3 million in September and October. Surging coronavirus cases, combined with declining consumer confidence in December, may result in weaker auto sales and production this winter. Further drag may come from weaker U.S. personal income in December.

The Michigan Economic Activity Index consists of nine variables, as follows: nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales, auto assemblies, total trade, hotel occupancy and sales tax revenue. All data are seasonally adjusted. Nominal values have been converted to constant dollar values. Index levels are expressed in terms of three-month moving averages.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $83.6 billion at September 30, 2020.

To subscribe to our publications or for questions, contact us at ComericaEcon@comerica.com. Archives are available at http://www.comerica.com/insights. Follow us on Twitter: @Comerica_Econ.

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SOURCE Comerica Bank

Webcast Alert: BorgWarner 2020 Fourth Quarter and Full Year Results Conference Call

AUBURN HILLS, Mich., Jan. 5, 2021 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) announces the following Webcast:

AUBURN HILLS, Mich., Jan. 5, 2021 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) announces the following Webcast:

What:  

BorgWarner 2020 Fourth Quarter and Full Year Results Conference Call

When:  

February 11, 2021 @ 9:30am Eastern Time

Where:  

http://www.borgwarner.com/en/Investors/default.aspx

Live over the Internet — Simply log on to the web at the address above.

How:     

If you are unable to participate during the live webcast, the call will be archived at (http://www.borgwarner.com/en/Investors/default.aspx)

BorgWarner Inc. (NYSE: BWA) is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. With manufacturing and technical facilities in 99 locations in 24 countries, the company employs approximately 48,000 worldwide. For more information, please visit www.borgwarner.com.

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SOURCE BorgWarner

Planet Fitness to Present at the 2021 ICR Conference

HAMPTON, N.H., Jan. 5, 2021 /PRNewswire/ — Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., announced today that the Company will participate in the 2021 ICR Conference. Management is scheduled to present on Monday, January 11, 2021 at 11:30 a.m. Eastern Time. A live webcast of the presentation will be available at <a target="_blank"…

HAMPTON, N.H., Jan. 5, 2021 /PRNewswire/ — Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., announced today that the Company will participate in the 2021 ICR Conference. Management is scheduled to present on Monday, January 11, 2021 at 11:30 a.m. Eastern Time. A live webcast of the presentation will be available at http://investor.planetfitness.com.

About Planet Fitness

Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members and locations. As of September 30, 2020, Planet Fitness had more than 14.1 million members and 2,086 stores in 50 states, the District of Columbia, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico and Australia. The Company’s mission is to enhance people’s lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®. More than 95% of Planet Fitness stores are owned and operated by independent business men and women.

Planet Fitness logo. (PRNewsFoto/Planet Fitness)

 

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SOURCE Planet Fitness, Inc.

Freight Club Launches Free Carbon Offset Program for Members

Sustainable shipping in partnership with One Tree Planted represents significant step towards climate neutral fulfillment

BURNABY, BC, Jan. 5, 2021 /PRNewswire/ – Freight Club, a leading logistics management platform, is thrilled to launch a free-access program to members that offsets 100% of the…

Sustainable shipping in partnership with One Tree Planted represents significant step towards climate neutral fulfillment

BURNABY, BC, Jan. 5, 2021 /PRNewswire/ – Freight Club, a leading logistics management platform, is thrilled to launch a free-access program to members that offsets 100% of the carbon emissions emitted from all shipment it enables. The program, in partnership with non-profit One Tree Planted, will plant trees in areas most impacted by industrial and environmental damage, such as California – a hub for the furniture manufacturing industry.

The transport industry represents 14% of global carbon emissions annually. That number will only increase as consumer habits change and eCommerce grows; global parcel volume is forecasted to reach 100 billion by 2025. With an increase in global shipping, Freight Club recognizes the critical importance of these foundational measures now, as eCommerce accelerates, and its members and end-consumers seek ways to balance that impact to the environment. «We understand deeply the impact transport has on our environment. We see it, and we want to enable our members to do something about it. Offsetting carbon emissions is the first step,» says Chris Randall, VP Revenue, Freight Club.

The new initiative leverages trees to offset carbon by calculating the amount released during shipping using the GHG Protocol calculation and balancing it with reforestation efforts. Tree planting has an even greater impact than just removing CO₂; tree planting also reaps an abundance of environmental and social benefits. «We see the impact trees make firsthand. Not only do trees clean the air we breathe, but they also prevent natural-disaster-causing erosion, providing a clean water source, and creating habitats for biodiversity,» says Diana Chaplin, Canopy Director, One Tree Planted.

Through funding the work of One Tree Planted, Freight Club is focusing their efforts on planting trees in the areas of California impacted by the 2020 and 2017 wildfires. «It’s important to us to help our neighbors in California. Working with One Tree Planted ensures new growth is planted responsibly to prevent future devastation,» Randall shares. The initiative helps to replace the millions of acres lost during the fires with endangered native tree species. «We were very impressed with the amount of work the Freight Club team did in researching and calculating how to offset of their carbon,» says Chaplin. «You can really see the thought and care that went into this program.»

Sustainable shipping through carbon offsets is a significant first step for businesses prioritizing ESG (environmental, social, and governance) initiatives. «We are excited to partner with industry leaders like Freight Club. Their commitment to offsetting every shipment is a huge leap forward for the shipping industry and one that we hope others will emulate,» says Chaplin.

The initiative is offered at no cost to Freight Club members, which offers an advantage to businesses big and small. «We didn’t want going green to simply be an ‘option’ for our members,» says Randall. «We wanted it to be the default – because doing the right thing should be easy.» By making it free and easy for members to go green, Freight Club continues its mission to level the playing field for businesses of all sizes.

More information is available at www.freightclub.com

About Freight Club

Freight Club is an eCommerce logistics platform that offers manufacturers and retailers an easy way to ship freight at highly competitive pricing. Launched in 2015, Freight Club is a 5-star B2B freight service trusted by hundreds of manufacturers, wholesalers, distributors and other businesses shipping freight in the US, Canada and US-Canada cross-border. Freight Club is an independently managed subsidiary of global tech company Cymax Group.

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SOURCE Freight Club

VNUE Provides Business Update For 2021

NEW YORK, Jan. 5, 2021 /PRNewswire/ — VNUE Inc. (OTC: VNUE) today issued a positive update about the Company’s business prospects as it looks ahead to 2021.

Despite the severe setbacks in terms of the touring business in 2020 which were completely out of our control due to Covid-19, the Company remains confident that the live music industry will bounce back in 2021.  In 2020, the major tour that VNUE was booked to record, Matchbox Twenty, was postponed from last July but is on the books for…

NEW YORK, Jan. 5, 2021 /PRNewswire/ — VNUE Inc. (OTC: VNUE) today issued a positive update about the Company’s business prospects as it looks ahead to 2021.

Despite the severe setbacks in terms of the touring business in 2020 which were completely out of our control due to Covid-19, the Company remains confident that the live music industry will bounce back in 2021.  In 2020, the major tour that VNUE was booked to record, Matchbox Twenty, was postponed from last July but is on the books for commencement in July of 2021.  Additionally, we expect many artists and labels will be seeking additional revenue sources when they begin to tour again, looking to make up for losses they experienced in 2020. The VNUE team is already conducting outreach in that regard.

As an additional boost, Congress passed the $15bn Save our Stages Act, which authorizes the Small Business Administration to make grants to eligible live music venue operators, producers, promoters, or talent representatives.  VNUE expects this to have a very positive impact on the company’s live music recording and production business.

In addition to all of the positive work that the Company has accomplished in regard to its proprietary Soundstr music recognition technology, which led to the deployment of multiple beta test sites as well as the announcement regarding commercial deployments in new RockHouse Live locations, VNUE also operates the Company with a very low overhead structure.  This has enabled the Company to enter 2021 as a viable entity as opposed to numerous other businesses in the music industry and music technology space who have become insolvent.

Soundstr identifies music played in bars, restaurants, radio stations and other businesses, and will help to lower licensing costs while at the same time helping to ensure the correct songwriters and artists receive royalties.

The Company is also encouraged about the recent significant increase in our stock price. We believe this increase reflects the value of our Soundstr technology, our set.fm live music production and distribution technology, and positions us well to improve our liquidity in 2021.  As previously disclosed, the Company has been in meaningful discussions with several entities to improve our balance sheet and to provide additional liquidity and working capital for our business.

About VNUE, Inc. (www.vnue.com)
VNUE, Inc., (OTC: VNUE)  is a music technology company dedicated to monetizing the live music experience for artists, labels, writers, and publishers, with products such as its set.fm instant content distribution platform (www.set.fm), exclusive license partner and «instant live» pioneer DiscLive (www.disclive.net), and protecting the rights of artists and writers with the company’s Soundstr music recognition technology (MRT) (www.soundstr.com).  The veteran entrepreneurs, artists and songwriters behind VNUE, led by music and tech entrepreneur and recording artist Zach Bair, are passionate about the future of their industry and ensuring that rights holders’ value is not lost amid always-changing technology. 

Safe Harbor Statement
This press release may contain forward-looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues and any payment of dividends on our common stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods and the other risks set forth in Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q as filed from time to time. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors. We have incurred and will continue to incur significant expenses in the expansion of our existing and new service lines, noting there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. All forward-looking statements speak only as of the date of this press release. We undertake no obligation to update any forward-looking statements or other information contained herein. Stockholders and potential investors should not place undue reliance on these forward-looking statements.

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SOURCE VNUE, Inc.

Rockford Fosgate® Announces New M5 Amplifiers

TEMPE, Ariz., Jan. 5, 2021 /PRNewswire/ — Rockford Fosgate the industry leader in high-performance audio systems, is proud to announce the new line of M5 amplifiers created to withstand the outdoor environment for all types of marine, motorcycle, and motorsports installations. IPX6 rated, the M5 amplifiers are designed as rugged as the outdoors and are built to stand up to all the elements including water, dust, mud, and UV rays. The new M5 series amplifiers are the first in Rockford’s portfolio to…

TEMPE, Ariz., Jan. 5, 2021 /PRNewswire/ — Rockford Fosgate the industry leader in high-performance audio systems, is proud to announce the new line of M5 amplifiers created to withstand the outdoor environment for all types of marine, motorcycle, and motorsports installations. IPX6 rated, the M5 amplifiers are designed as rugged as the outdoors and are built to stand up to all the elements including water, dust, mud, and UV rays. The new M5 series amplifiers are the first in Rockford’s portfolio to carry a dynamic output power rating in line with the updated CEA-2006 standard measured to simulate real world music applications.

The line consists of three models starting with a powerful 1500-watt five-channel, an 800-watt four-channel, and a 1000-watt mono-block subwoofer amplifier. All are equipped with a full complement of smart features like C.L.E.A.N. technology for fast and accurate setup, «auto-sense» turn-on for use with high level inputs, and a top mounted control panel sealed by a smoked plexiglass cover completing the amps sleek industrial look. If the amplifier is being installed into one of Rockford’s new Polaris RZR® or Can-am Maverick X3® stage kits set-up is incredibly simple out of the box with the preset switch in the on position no settings or adjustments are needed. Simply turn the switch to the off position to customize set-up for all other applications.

MSRP ranges from $499.99 to $749.99 and amplifiers are expected to ship in late February.

For more information and complete specifications please use the links below.

M5 Models include:

 

  • 2 Year Warranty

To find an authorized retail location near you, please visit rockfordfosgate.com.

About Rockford Corporation
Setting the standard for excellence in the audio industry, the Rockford Corporation markets and distributes high-performance audio systems for the mobile, motorsport, and marine audio aftermarket and OEM market.  Headquartered in Tempe, Ariz., Rockford Corporation is a publicly traded company and manufactures its products under the brand Rockford Fosgate(R).

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SOURCE Rockford Corporation

Geothermal Rising Announces 2021 Board of Directors Election Winners

MOUNT LAUREL, N.J., Jan. 5, 2021 /PRNewswire-PRWeb/ — Geothermal Rising (formerly Geothermal Resources Council), the world’s largest direct-membership geothermal professional and industry association, is pleased to announce the appointment of five new members to its Board of Directors. All five appointees have been selected based on their wealth of experience, industry knowledge, and commitment to advancing Geothermal Rising’s mission.

«Congratulations to all our new Directors who start on the…

MOUNT LAUREL, N.J., Jan. 5, 2021 /PRNewswire-PRWeb/ — Geothermal Rising (formerly Geothermal Resources Council), the world’s largest direct-membership geothermal professional and industry association, is pleased to announce the appointment of five new members to its Board of Directors. All five appointees have been selected based on their wealth of experience, industry knowledge, and commitment to advancing Geothermal Rising’s mission.

«Congratulations to all our new Directors who start on the Board in January. We have a busy program in the New Year with our webinar series starting, the launch of our new website, and preparations for San Diego 2021 getting into full swing, amongst many others,» said Will Pettitt, Geothermal Rising Executive Director. «I’d like to thank all the Directors that have been with us the past two years through some amazing changes to the organization and through the difficulties this year with COVID-19. I’d also like to thank all our candidates for the Board this year; it was a very strong and talented group. As we transition into the New Year we will have a much reduced and efficient Board size and will be needing many volunteers to help advise and guide the organization and our program. Anybody interested to help should reach out to us. Looking forward to a bright New Year for geothermal.»

The five newly elected Geothermal Rising Board Members include:

  • Nicole Lautze, Academic Seat
  • Mark Gran, Utility Seat
  • Jericho Reyes, Developer Seat
  • Laure Mora, At Large Seat
  • Doug Hollett, At Large Seat

Photos of the new Board of Directors can be seen on the Geothermal Rising website HERE.

As Geothermal Rising enters 2021, we will focus on our core purpose of helping to elevate and build our geothermal community and expanding the public’s awareness, understanding, and perception of geothermal energy. If you are a professional, student, or company in the geothermal industry, please consider joining our association to help make this possible.

###

About the Geothermal Rising
Founded in 1972, Geothermal Rising (formerly Geothermal Resources Council), is the oldest geothermal association on Earth, serving as the main professional and educational association for the geothermal community and public. As a 501(c)(3) nonprofit, we empower the advancement of human understanding and practical use of geothermal energy through collaboration and communication of robust research, knowledge, and guidance. For more information, please visit http://www.geothermal.org.

Media Contact

Will Pettitt, Geothermal Rising, 651.808.4463, wpettitt@mygeoenergy.org

 

SOURCE Geothermal Rising