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Heartland region poised for industrial resurgence as firms consider returning from abroad

BENTONVILLE, Ark., Feb. 3, 2021 /PRNewswire/ — Today, Heartland Forward published new research, «Reshoring America: Can the Heartland Lead the Way?,» which finds the U.S. poised for an industrial comeback led by the Heartland and fueled by reshoring, the return of manufacturing centers to the U.S. from abroad. The report notes growing bipartisan support for policies that bring foreign businesses home, as the Biden administration works to promote domestic manufacturing and Congress has grappled with the country’s dependence upon Chinese-made personal protective equipment (PPE) during the pandemic. Moreover, 70 percent of firms say they will likely reshore in the coming years, according to a 2020 survey. For the U.S. to reclaim its manufacturing prowess, the authors call on policymakers to embrace a holistic reshoring strategy.

U.S. Set for Manufacturing Resurgence

«Firms are starting to recognize the growing costs and dwindling benefits of offshoring,» said Ross DeVol, president and CEO of Heartland Forward. «The U.S.—especially the Heartland—is still a great place to do business.»

«Decades after the U.S. lost its position as the world leader in manufacturing, the country could make a comeback, if lawmakers from both parties work together to shift the focus of our trade and industrial policies toward reshoring,» said Joel Kotkin, senior fellow of Heartland Forward and principal author of the report.

While PPE shortages in the early stages of the pandemic brought attention to the dire need to bring medical manufacturing capacity home, the report stresses that reshoring is a long-term priority. The authors survey the economic evidence and find that firms increasingly need secure supply chains, easier access to key markets and a more talented, educated workforce. Heartland states offer these advantages and more, consistently ranking among the most business friendly in the nation. Six of the top 11 engineering schools are based in the Heartland, and the region offers ready access to raw materials, lower costs of doing business and shorter supply chains.

«Over the past decade, we’ve seen the rate of job creation due to reshoring accelerate dramatically,» said David Shideler, chief economist at Heartland Forward and a co-author of the report. «Still, there must be a bipartisan effort to sustain this progress, and it must go beyond narrow measures like tariffs or bans. Investments in physical infrastructure and education, loans, grants and tax incentives for investors would all go a long way toward promoting reshoring.»

Heartland Forward notes that, before the onset of the pandemic, the annual rate of job creation due to reshoring accelerated from 6,000 in 2010, to over 400,000 in 2019. The full report, including more on this trend, can be found here.

About Heartland Forward:

Heartland Forward’s mission is to improve economic performance in the center of the United States by advocating for fact-based solutions to foster job creation, knowledge-based and inclusive growth and improved health outcomes. We conduct independent, data-driven research to facilitate action-oriented discussion and impactful policy recommendations.

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SOURCE Heartland Forward

PMC Capital Acquires Specialty Engineering Firm UniversalPegasus International from Huntington Ingalls Industries, Inc.

LOS ANGELES, Feb. 3, 2021 /PRNewswire/ — PMC Capital Partners, LLC (PMC Capital) is back again on the acquisition trail after completing the buy-out of an award-winning multifunctional engineering design firm, UniversalPegasus International, Inc., of Huntington Ingalls Industries, Inc. (NYSE: HII). Headquartered in Houston, Texas, UniversalPegasus has a track record of delivering turnkey integrated engineering, procurement, and construction management (EPCM) solutions; ranked by Engineering News-Record (ENR) as No. 59 of the Top 500 Design Firms and among the top 10 in the petroleum sector. ENR’s list ranks public and private companies by its markets’ share of total revenue. Financial terms of the deal with HII were not disclosed.

«We are extremely excited to acquire UniversalPegasus International (UPI) and its amazing team of 600 professionals. Spearheaded by an impressive business leader in CEO, Tom Davison, the UPI team maintained record-level engineering design revenues during an economically crippling COVID-19 pandemic while building a backlog/pipeline of business that will continue to support future success. Acquiring UPI coincides with PMC Capital’s vision to acquire and support an elite technical staff of engineers who deliver first-class mission-critical business services to blue-chip customers,» said Chris Aye, Managing Partner of PMC Capital.

«UPI’s decades of record success delivering engineering, logistical, and construction management solutions captivated PMC Capital. Not only will PMC Capital support UPI in maintaining a high level of service for its clients — we look forward to building and exceeding UPI’s past accomplishments. We’re excited to partner with Tom and his team as we aggressively embark on a multifaceted growth strategy,» added Mr. Aye.

«UPI is the industry leader in project delivery and the employer of choice in the Houston and Calgary engineering markets. Our success stems from our strong company values and commitment to transparency. With PMC Capital behind us, UPI will continue to differentiate itself and outperform the competition as one of the few remaining independent oil and gas engineering companies. We expect to emerge from the pandemic in a strong financial position poised for double-digit growth,» said Tom Davison, CEO of UPI.

«We are pleased to have reached this agreement. PMC Capital is a great new home for UniversalPegasus International, its world-class people and services,» said Andy Green HII Executive Vice President and President of HII’s Technical Solutions division. «It will enable UPI to continue to flourish, ensuring the business remains at the forefront of innovation and customer service in the future.»

Ernst & Young Capital Advisors, LLC served as Huntington Ingalls Industries, Inc.’s exclusive financial advisor for the transaction.

About UniversalPegasus International

UPI is a privately held company headquartered in Houston, with a strategically located office in Calgary, Canada, and currently employs close to 600 personnel.

UPI has provided a broad range of engineering and project management services to the energy industry for over 50 years. Whether onshore or offshore, from the wellhead to processing facilities to delivery points, UPI delivers the engineering, design, project management, survey, inspection and construction management personnel to move energy safely, reliably and efficiently to domestic and international marketplaces. Find out more at www.universalpegasus.com/.

About PMC Capital Partners, LLC

Established in 2019, PMC Capital is on the path of becoming one of the fastest-growing private equity firms that invests in strategic opportunities where thought, operational resources and flexible capital can empower management teams to execute their business plans. PMC Capital currently owns and operates a portfolio of high-quality national and international businesses in the lower middle-market space, employing nearly 1,000 employees, with approximately $450M in combined annual revenues. With over 100 years of collective private equity experience, PMC Capital brings a successful track record of executing corporate carve-outs, recapitalizing balance sheets, acquiring founder-owned companies and completing bolt-ons. With a committed pool of capital backed by a family office, PMC Capital targets control equity investment opportunities in the business services, industrials, TMT, consumer and health care sectors. The nature of PMC Capital’s platform allows for a longer-term time horizon and a business-friendly approach to ownership transitions, divestitures and successions.

The firm is headquartered in Los Angeles, California. For more information, visit www.pmccapital.com

About Huntington Ingalls

Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. For more than a century, HII has built more ships in more ship classes than any other U.S. naval shipbuilder at its Newport News Shipbuilding and Ingalls Shipbuilding divisions. Employing more than 38,000 in Virginia, Mississippi, Louisiana and California, HII also provides a wide variety of products and services to the commercial energy industry and other government customers, including the Department of Energy. For more information, visit:

HII on the web: www.huntingtoningalls.com
HII on Facebook: www.facebook.com/HuntingtonIngallsIndustries
HII on Twitter: twitter.com/hiindustries

Contact

Chris Aye

Managing Partner, PMC Capital Partners, LLC

chris@pmccapital.com

+1 818 896 1101

Related links

www.pmccapital.com

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SOURCE PMC Capital Partners, LLC

Granulate Raises $30 Million Series B to Boost Compute Performance and Slash Computing Costs for Any Company

TEL AVIV, Israel, Feb. 3, 2021 /PRNewswire/ — Granulate, a company providing an autonomous real-time computing workload optimization and cost reduction solution, today announced a $30 million Series B funding round, bringing the company’s total amount raised to $45 million. The round was led by Red Dot Capital Partners with the participation of existing investors Insight Partners, TLV Partners, and Hetz Ventures. Dawn Capital also joined the round as a new investor. The Series B is Granulate’s second round of funding over the past ten months, as adoption of the company’s solution has more than tripled since the Series A.

Rising computing costs are a growing problem for companies of all sizes and from every industry. Granulate addresses this problem with its AI-driven solution that tailors workload prioritization for the unique needs of any company, reducing response times by up to 40% and driving a 5X increase in throughput. Functioning at the Operating System level, Granulate enables organizations to achieve at-scale workload performance, reducing costs by up to 60%. Designed to function in any computing infrastructure and environment, implementing Granulate is simple and fast, requiring zero code changes or R&D involvement, and results are seen within days, if not hours.

«Companies with increased computing resource needs have faced a simple trade-off – pay more or get by with less. Granulate lets companies do both: achieve much more with what they already have while paying less, gaining higher efficiency and margins,» said Asaf Ezra, Co-founder and CEO of Granulate. «In the wake of today’s challenging financial realities, we’ve seen a staggering increase in demand for our solution, which saves companies money, computing resources, and time. Optimized computing power means optimized business.»

Over the past 10 months, Granulate has experienced 360% new customer growth and 570% revenue growth, with the number of CPU cores under management rising by over 10X to over 300,000 cores. All told, Granulate has saved customers over 3 billion hours of core usage. Likewise, the rising adoption of Granulate’s optimization technology has led to a substantial reduction in computing energy needs, with over 15,000,000 pounds of carbon emissions saved.

«Granulate’s unique technology and impressive growth since their last funding round reflects a rising market demand for their game-changing optimization solution,» said Yaniv Stern, Managing Partner at Red Dot Capital Partners. «For companies facing rising infrastructure costs or focusing on operating cost reduction, Granulate offers a solution that can drive additional improvement regardless of any other solutions already deployed by their clients.»

«Granulate’s offering is unparalleled in the market, enabling companies to dramatically boost the performance of their cloud infrastructure whilst reducing costs. The business’s exceptional growth to date reflects both the accelerating customer demand and sophistication of their solution —infrastructure agnostic, with simple no-change-of-code implementation,» said Evgenia Plotnikova of Dawn Capital. «Cloud has won. As every company becomes a software company, Granulate represents a true revolution in the world of infrastructure that powers it all. We are hugely excited to see their journey ahead as the business continues to scale globally.»

«With the rapid adoption of usage-based public clouds, we’ve returned to a world – not unlike the mainframe era – where dramatic improvements in speed and efficiency of computing systems drop directly to the bottom line. This is particularly salient for companies that are rapidly digitizing their offerings in the midst of a global pandemic and the associated financial crisis, and this trend will continue far into the future,» said Lonne Jaffe, Managing Director at Insight Partners. «It’s hard to think of a company that won’t benefit from Granulate’s offering since it’s showing such significant performance and cost improvements across both sophisticated data and transactional workloads. Our increased investment is a testament to our excitement about Granulate’s market opportunity and momentum.»

About Granulate

Granulate is a real-time, autonomous computing optimization company that delivers reduced compute costs, faster response time, and better throughput, without any code changes required. Granulate’s patent-pending next-generation solution provides AI-driven, infrastructure and workload optimization for robust compute performance and cost improvements in any computing environment, empowering businesses of any size from any industry by bolstering their computing power while slashing computing costs. Companies that have implemented Granulate have reduced compute expenses by up to 60%, benefitting from a 40% response time reduction and 5X increase in throughput.

Granulate Contact:
Raanan Loew
Raanan@headline.media
US: +1-347-897-9276

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SOURCE Granulate

Mobius Risk Group Joins IETA, Commits to Market-Based Climate Solutions

HOUSTON, Feb. 3, 2021 /PRNewswire/ — Mobius Risk Group affirms commitment to Environmental, Social, and Governance (ESG) practice and markets by joining the International Emissions Trading Association (IETA).

Armed with decades of…

Armed with decades of experience, a trove of data, market-leading analytics, and a proprietary C/ETRM, Mobius joins IETA alongside dozens of companies committed to market-based climate initiatives to advance the clean energy transition in a sensible and scalable way.

«We’re excited to be a member of an international group of business leaders taking bold steps to nurture carbon markets and pricing as a market-based solution to climate change,» says Eric Melvin, CEO at Mobius Risk Group.

Solving the climate crisis requires innovation, transparency, and capital allocation towards projects and initiatives that provide the highest value from an environmental and financial perspective. Mobius Risk Group’s proprietary C/ETRM, RiskNet, provides clients visibility into their real-time carbon footprint, credit/REC/offset portfolio position, and market pricing, organized down by compliance regime, vintage, registry, and project type. With intuitive visualization tools, mobile access, and analytics informed by Mobius’ 20-year track record in energy and commodities markets, the risk advisory firm is poised to play a pivotal role in improving today’s environmental markets’ credibility and functionality.

ABOUT MOBIUS RISK GROUP

Mobius Risk Group, LLC is an independent, international commodity and physical energy risk advisory firm. Founded in 2002, Mobius provides strategic advisory services including financial, physical, and commodity risk management and valuation, carbon strategy development, and regulated energy oversight for producers, consumers, distributors and capital providers backed by its proprietary C/ETRM, RiskNet. RiskNet connects an entire organization with a single, comprehensive, controlled data source to drive more effective strategic decision-making amid volatile market changes. RiskNet is available as a mobile and tablet app to support seamless, streamlined decision making, even when teams are distributed or remote.

ABOUT IETA

The International Emissions Trading Association (IETA) is a non-profit business organization created in June 1999 to establish a functional international framework for trading in greenhouse gas emission reductions. Membership includes leading international companies from across the carbon trading cycle. IETA members seek to develop an emissions trading regime that results in real and verifiable greenhouse gas emission reductions while balancing economic efficiency with environmental integrity and social equity.

Contact:
Nicole Denise
mobius@callmargo.com
971-413-8337

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SOURCE Mobius Risk Group

2021 Housing Market Shaping Up to be Even Hotter than 2020

SEATTLE, Feb. 3, 2021 /PRNewswire/ — (NASDAQ: RDFN) — The extreme pandemic-driven seller’s market is intensifying and will likely last through the first half of the year, according to a new report from Redfin (<a target="_blank"…

In the week ending January 24, home-sale prices soared 18% and pending sales grew 28% from the same period last year. Fifty-five percent of homes that went under contract that week found a buyer in 14 days or less—the largest share to sell that quickly in at least nine years (Redfin data on this measure goes back through 2012).

«The main thing going on is scarcity of homes for sale. There’s nothing there, so people want it even more,» said Seattle Redfin real estate agent Scott Petrich. «Potential homebuyers who don’t have a good amount of savings are having a very hard time getting a house right now because the lack of supply is driving up prices, while low mortgage rates increase demand.»

Both the number of homes for sale—down 36% from a year ago during the week ending January 24—and the rate that new homes are being listed for sale—down 13%—are falling from last year’s already-low levels. The average home spent just 34 days on the market before selling—20 days less than the same time a year ago and also a record low for this time of year as far back as our data for this measure goes.

«There will continue to be a lack of new listings in early 2021,» said Redfin chief economist Daryl Fairweather. «But rock-bottom mortgage rates will have buyers eager to purchase the few listings that do hit the market. So I expect bidding wars, fast sales and double-digit price growth to continue. We are at a point in the pandemic where would-be sellers are expecting to be vaccinated in the next 6 months, so they may be waiting for that before selling. Once many more people are vaccinated for the coronavirus and more homeowners start to feel comfortable listing their homes for sale, the current deadlock of housing supply should start to loosen. Mortgage rates could inch up at the same time, which could bring a slight chill to the scorching-hot seller’s market.»

Homebuying demand, which typically slows through the winter, is 60% above where it was last year. This is according to the Redfin Homebuyer Demand Index, which measures requests to Redfin agents for homebuying services such as home tours and making offers to purchase a home.

«I don’t see the market slowing down at all in the next few months,» said Phoenix Redfin real estate agent Van Welborn. «People are confident in the market and people are buying homes. And it seems like nothing is holding them back: There was absolutely no slowdown for the holidays, the election didn’t affect anything, and the attack on the Capitol didn’t register on the housing market at all.»

While the hot market is largely only benefitting the few people who are selling their homes this winter, there are many people who simply couldn’t have afforded to buy a home within a short commute to work who are taking advantage of the flexibility of remote work and moving to where they can afford home prices and more space.

«It used to be that homebuyers who were priced out of the closer-in suburbs would look farther out for a home they could afford and compete for,» said Petrich. «Thanks to remote work, there has been a huge shift in homebuying demand to the farther-out, less expensive suburbs. It was very competitive before, but it has become much more intense now that people need more space.»

To view the full report, including charts and methodology, please visit: https://www.redfin.com/news/2021-housing-market-forecast/

About Redfin

Redfin (www.redfin.com) is a technology-powered residential real estate company, redefining real estate in the consumer’s favor in a commission-driven industry. We do this by integrating every step of the home buying and selling process and pairing our own agents with our own technology, creating a service that is faster, better and costs less. We offer brokerage, iBuying, mortgage, and title services, and we are the #1 nationwide brokerage website, offering a host of online tools to consumers, including the Redfin Estimate. We represent people buying and selling homes in over 90 markets in the United States and Canada. Since our launch in 2006, we have saved our customers over $800 million and we’ve helped them buy or sell more than 235,000 homes worth more than $115 billion.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email press@redfin.com. To view Redfin’s press center, click here.

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SOURCE Redfin

New Wave Holdings Launches Travel-Size Shower Powders in its Eco-Friendly Collection at Whole Foods Market U.S.

TORONTO, Feb. 3, 2021 /PRNewswire/ – NEW WAVE HOLDINGS CORP. (the «Company» or «New Wave») (CSE: SPOR) (FWB: 0XM2) (OTCPK: TRMNF) an investment issuer that provides capital and support services, announced two new additions to its Nude & Crude shower powder collection to be sold at select Whole Foods Market U.S. locations.

New Wave’s subsidiary, WAY OF WILL, will be introducing two travel-size eco-friendly shower powders to its Nude & Crude collection that’s currently available at 150…

New Wave’s subsidiary, WAY OF WILL, will be introducing two travel-size eco-friendly shower powders to its Nude & Crude collection that’s currently available at 150 Whole Foods Market locations in the U.S. Soon, customers of the supermarket giant will be able to find these compact and convenient products in the stores’ body-care aisle:

Tranquilizing Lavender Travel-Size Shower Powder
Purifying Peppermint Travel-Size Shower Powder

As a part of Whole Foods Market’s FY21 Round 02 Impulse Fixture refresh, these two travel-size shower powder additions will be joining existing Way of Will assortments that are already available at Whole Foods Market US nationwide.

In alignment with Whole Foods Market’s core values, the eco-friendly collection focuses on environmentally friendly packaging, cruelty-free product development, sustainability, and clean beauty. The demand for wellness and beauty products that meet these criteria have been on the rise in the recent years as more and more consumers are prioritizing natural, plant-based products, ingredient transparency, and brands that are both sustainable and ethical.

«We’re very pleased with our ever-growing partnership with Whole Foods Market,» commented the founder and CEO of WAY OF WILL, Willie Tsang. «Whole Foods has built a solid and respected reputation as a retailer carrying natural and organic products of the highest quality available that aligns with Way of Will’s philosophy. To be a part of their list of trusted brands means that our products measure up to their very high standards and are hitting the mark in terms of quality, and we’re extremely proud of that.»

In addition to the absence of harmful or toxic ingredients in its formulas, Nude & Crude boasts eco-friendly product packaging that is made with 99% recyclable materials to minimize further landfill accumulation and contribute to the initiative to eliminate unnecessary plastic packaging.

Grant of stock options and restricted share units

The Company also announces that it has granted an aggregate of 100,000 stock options («Options») to Iman Navab, member of the Company’s scientific advisory board, pursuant to its stock option plan (the «Option Plan»). The Options vest immediately upon grant and are exercisable into common shares at $0.11 per share until February 1, 2026.

The Company also granted an aggregate of 269,181 restricted share units (the «RSUs») to certain consultants of the Company pursuant to the Company’s restricted share unit plan (the «RSU Plan»). The RSUs will vest immediately. The Option Plan and RSU Plan were approved by the shareholders of the Company on December 15, 2020.

The RSUs, Options and any underlying common shares in the capital of the Company will be subject to a four month and one day hold period pursuant to the policies of the Canadian Securities Exchange.

ABOUT NEW WAVE HOLDINGS CORP.

New Wave Holdings Corp. (CSE: SPOR, FWB: 0XM2, OTCPK: TRMNF) is an investment issuer focused on the burgeoning nutraceutical and psychedelic sector and support for adaptive and progressive health and wellness products and therapies. New Wave subsidiaries contain various health and beauty products within its portfolio of non-psychoactive plants and fungi as it continues to expand its product distribution through vertical integration to provide end to end solutions while capturing a high margin business model.

Investors interested in connecting with New Wave Holdings can learn more about the company and contact the team at http://newwavecorp.com.

Information relating to WAY OF WILL INC., contained in this news release was provided by WAY OF WILL INC. and/or its agent and has not been independently verified by the Company. The Company does not take responsibility for the accuracy of such information.

The CSE has not in any way passed on the merits of the Acquisition, and neither has approved nor disapproved the contents of this press release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING INFORMATION DISCLAIMER

Certain statements contained in this news release may constitute forward–looking information, including but not limited to, applicable regulatory approval in connection with the Acquisition, the closing of the Acquisition, expansion of operations, size and quality of future tournaments and projections regarding attendance at future events. Forward–looking information is often, but not always, identified by the use of words such as «anticipate», «plan», «estimate», «expect», «may», «will», «intend», «should», and similar expressions. Forward–looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward–looking information. The Company’s actual results could differ materially from those anticipated in this forward–looking information as a result of competitive factors and competition for investment opportunities, challenges relating to operations in international markets, transaction execution risk, changes to the Company’s strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward–looking information are reasonable based on current expectations and potential investment pipeline, but no assurance can be given that these expectations will prove to be correct and such forward–looking information should not be unduly relied upon. Any forward–looking information contained in this news release represents the Company’s expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward–looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

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SOURCE New Wave Holdings Corp.

Fintech Welcomes Over 300 MAPCO Express, Inc Locations

TAMPA, Fla., Feb. 3, 2021 /PRNewswire-HISPANIC PR WIRE/ — Financial Information Technologies, LLC («Fintech»), the leading business solutions provider for the beverage alcohol industry, today announced that MAPCO Express, Inc has enrolled 336 of their convenience store locations. This partnership brings Fintech’s industry-leading automated beverage alcohol payments and data integration to MAPCO’s corporate locations across seven states.

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The selection of Fintech for beverage alcohol management comes from MAPCO’s short-and long-term goals to improve operational efficiency while also strengthening corporate visibility in the company’s beverage alcohol category. To ensure a successful rollout, Fintech worked diligently with MAPCO’s purchasing, finance, price book, and IT teams, as well as their distributor partners. Further, Fintech established a seamless alcohol invoice data integration into MAPCO’s back-office software, PDI Enterprise, to bring immediate and actionable data to the appropriate teams.

«The transition to Fintech has already given our teams the resources necessary to improve our beverage alcohol business. Fintech provides excellent communication and client support, and we look forward to a long, mutually-beneficial business partnership,» said Keith Slater, MAPCO CFO.

«We are proud to welcome MAPCO to our growing network of convenience store retailers utilizing Fintech’s profit-building platform. We remain committed to world-class service and are pleased to provide MAPCO with intuitive technology and data integration that will enhance operations as they continue to grow their business,» said Tad Phelps, Fintech CEO.

About MAPCO Express, Inc

The MAPCO team of more than 3,200 dedicated employees with a strong commitment to customer service delivers Convenience You Can TRUST® at more than 340 company-owned convenience and fuel retailing stores. Operating in Tennessee, Alabama, Georgia, Arkansas, Virginia, Kentucky and Mississippi, MAPCO stores offer a wide array of high-quality products and services. Customers can refresh and recharge with freshly brewed coffee, packaged snacks and drinks, high-quality fuel and special deals through the industry-leading MY Reward$ loyalty program. MAPCO and its subsidiaries also operate a fuel logistics business comprised of more than 100 tankers and a fuel wholesale and fleet group serving more than 125 accounts. MAPCO is a subsidiary of COPEC, a leading South America-based retail company.

About Fintech

Fintech is the leading business solutions provider of affordable technology built to simplify beverage alcohol management for any business, of any size, that sells alcohol. We empower retailers, distributors, and suppliers by automating essential manual processes and data insights associated with product catalog management, alcohol invoice payment, customer sales management, and industry data collection. With over 30 years of industry experience and unwavering dependability, Fintech delivers an immediate ROI to 650,000 business relationships nationwide. By simplifying the day-to-day functions necessary to protect and grow margins, teams can get back to doing what they do best – taking care of customers and growing their businesses. To learn more, visit www.fintech.com.

FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. is the owner of the trademark FINTECH, the Stylized F Logo, and several other trademarks and service marks, many of which are registered at the U.S. Patent and Trademark Office. The underlying software behind the services offered by FINANCIAL-INFORMATION-TECHNOLOGIES, LLC and content of this website are ©2020 FINANCIAL-INFORMATION-TECHNOLOGIES, LLC. All rights reserved.

Contact: Misha Hart, 800.572.0854 x 3827, mhart@fintech.com

Follow @Fintech on Facebook, Twitter, and LinkedIn

Logo – https://mma.prnewswire.com/media/562037/Fintech_logo_with_tm_dk_bl.jpg

SOURCE Fintech

Spire joins ONE Future Coalition’s efforts to reduce methane emissions to 1% or less by 2025

ST. LOUIS, Feb. 3, 2021 /PRNewswire/ — As part of Spire’s commitment to the environment and the communities it serves, the natural gas provider is joining the ONE Future Coalition, a group of 37 energy companies voluntarily working together to reduce methane emissions to 1% or less by 2025.

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Spire’s partnership with ONE Future builds on the company’s commitment to become a carbon neutral company by midcentury. Just this week, Spire appointed their first Head of Environmental Commitment, guiding the company’s path to carbon neutrality. In addition, Spire continues to see success in reducing methane emissions, decreasing emissions by more than 39% since 2005 with a nearly 54% reduction projected by 2025, well ahead of international standards.

«As an energy provider, it’s our privilege and responsibility to care for our planet. We are excited to join this diverse mix of peers to collaboratively reduce methane emissions and collectively report on our success,» said Spire President & CEO Suzanne Sitherwood. «We believe that natural gas has an important role to play in the transition to a low-carbon future. Partnerships like ONE Future help solidify that role and will help guide us to be a carbon neutral company.»

«The innovative efforts of the ONE Future Coalition allow us to build consensus views on new ways to reduce emissions,» said Steve Lindsey, executive vice president and chief operating officer at Spire. «Partnering with like-minded companies is essential to reducing our industry’s environmental footprint and creating a more sustainable energy future for generations to come.»

ONE Future is focused on demonstrating a performance- and science-based approach to the management of methane emissions directed toward a concrete goal: to achieve an average rate of methane emissions across the entire natural gas value chain that is 1% or less of total natural gas production and delivery. As a ONE Future member, Spire will report its 2020 methane results as part of the transmission, storage and distribution sectors, and will hold a seat on its board of directors.

«We committed to being a carbon neutral company by midcentury because it helps us hold ourselves accountable for our operational impact on the environment,» said Nick Popielski, the newly named head of environmental commitment at Spire. «Our partnership with ONE Future will help us further measure the impact across our footprint so that we can continue to reduce it over time.»

«Spire has been helping families and business owners fuel their daily lives for more than 160 years,» said Richard Hyde, executive director, ONE Future. «With a reputation of reliability and affordability that their customers depend on, we look forward to the positive enhancements that membership with the Coalition will provide.»

Since ONE Future began reporting its methane intensity, each year it has surpassed its 1% goal. The 2019 Methane Intensity Report, released in November 2020, registered a 2019 methane intensity number of 0.334%; coming under its 1% goal by 67%. This indicates that ONE Future Coalition members contributed to roughly one-third of 1% of all methane emissions from natural gas produced and delivered; demonstrating that the natural gas industry can minimize methane emissions, while increasing production.

About Spire
At Spire Inc. (NYSE: SR), we believe energy exists to help make people’s lives better. It’s a simple idea, but one that’s at the heart of our company. Every day we serve 1.7 million homes and businesses making us the fifth largest publicly traded natural gas company in the country. We help families and business owners fuel their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses include Spire Marketing, Spire STL Pipeline and Spire Storage. We are committed to transforming our business through growing organically, investing in infrastructure, and advancing through innovation. Learn more at SpireEnergy.com.

About ONE Future
ONE Future was formed when seven companies came together in 2014 with a focus to collectively achieve a science-based average rate of methane emissions across our facilities equivalent to one percent (or less) of total natural gas production. Since our formation, we have grown to 37 companies accounting for the some of the largest natural gas producers, transmission, and distribution companies in the U.S. ONE Future members operate in 13 out of the 38 production basins and other segments of the value chain operate in multiple regions of the country, hence ONE Future’s data represent a geographically diverse and material share of the U.S. natural gas supply chain. Its members include Antero Resources, Apache, Ascent Resources, Atmos Energy, Berkshire Hathaway Pipeline Group, Boardwalk Pipeline Partners, LP, Caerus Oil & Gas, Crestone Peak Resources, Crestwood, Consolidated Edison, Inc., Dominion Energy, Duke Energy, EagleClaw Midstream, Enbridge, Encino, Equinor, EQT, Equitrans Midstream, Hess, Kinder Morgan, National Grid, New Jersey Natural Gas, Northeast Natural Energy, NW Natural, ONE Gas, ONEOK, Sempra Energy, Southern Company Gas, Southern Star, Southwestern Energy, Spire, Summit Utilities, TC Energy, UGI, Williams, Woodland Midstream and Xcel Energy. For more information visit www.onefuture.us.

Media Contact:
Raegan Johnson
314-342-3300
Raegan.Johnson@SpireEnergy.com

Media Contact ONE Future:
Beverly Jernigan
713-494-1733
beverly@beverlypr.com

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SOURCE Spire Inc.

Fintech Welcomes Over 300 MAPCO Express, Inc Locations

TAMPA, Fla., Feb. 3, 2021 /PRNewswire/ — Financial Information Technologies, LLC («Fintech»), the leading business solutions provider for the beverage alcohol industry, today announced that MAPCO Express, Inc has enrolled 336 of their convenience store locations. This partnership brings Fintech’s industry-leading automated beverage alcohol payments and data integration to MAPCO’s corporate locations across seven states.

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About MAPCO Express, Inc

About Fintech

Contact: Misha Hart, 800.572.0854 x 3827, mhart@fintech.com

Follow @Fintech on Facebook, Twitter, and LinkedIn

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SOURCE Fintech

Republic Services Named One of Fortune’s 2021 World’s Most Admired Companies

PHOENIX, Feb. 3, 2021 /PRNewswire/ — Republic Services, Inc. (NYSE: RSG) announced today that it has been named to Fortune’s 2021 World’s Most Admired Companies list. The recognition highlights Republic’s ongoing team-focused management, innovation and socially responsible business practices, which have fostered a world-class reputation.

«Republic Services is honored to be included in Fortune’s 2021 World’s Most Admired Companies, an accomplishment that signifies our company’s commitment to…

«Republic Services is honored to be included in Fortune’s 2021 World’s Most Admired Companies, an accomplishment that signifies our company’s commitment to our people, customers, communities and the environment,» said Donald W. Slager, chief executive officer. «As an essential services provider, this past year has been a demonstration of both our innovative culture and our values in action, and I thank our 36,000 employees for their relentless efforts resulting in the continuity of our services.»

Republic Services is included in the Diversified Outsourcing Services industry category. Companies are ranked on the World’s Most Admired Companies list based on survey responses from approximately 14,000 senior executives, directors and analysts on several key criteria, including innovation, management strengths, talent attraction and retention, social responsibility and business effectiveness.

As an industry leader, Republic Services has received other notable third-party recognition over the last year, including 3BL Media’s 100 Best Corporate Citizens, Forbes’ 2020 Best Employers for Women and Ethisphere’s 2020 World’s Most Ethical Companies, and is certified as a Great Place to Work.

About Fortune’s Most Admired Companies

The World’s Most Admired Companies list is a ranking of corporate reputation based on a survey of select executives, directors and analysts. Fortune and its partners pull an aggregate list of 1,500 companies with revenues of $10 billion or more. From there, the list is narrowed to 670 companies across 52 industries that were then ranked by survey respondents. The survey takes place in the fall.

About Republic Services

Republic Services, Inc. is an industry leader in U.S. recycling and non-hazardous solid waste disposal. Through its subsidiaries, Republic’s collection companies, transfer stations, recycling centers, landfills and environmental services provide effective solutions to make responsible recycling and waste disposal effortless for its customers across the country. Its 36,000 employees are committed to providing a superior experience while fostering a sustainable Blue Planet® for future generations to enjoy a cleaner, safer and healthier world. For more information, visit RepublicServices.com, or follow us at Facebook.com/RepublicServices, @RepublicService on Twitter and @republic_services on Instagram.

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SOURCE Republic Services, Inc.