UFCW, Meat Institute Call on Governors in All 50 States to Prioritize Vaccination of Frontline Meat and Poultry Workers

WASHINGTON, Dec. 23, 2020 /PRNewswire/ — Today, the nation’s largest union for meatpacking workers and the association representing meat producers joined forces to urge all 50 U.S. governors to urgently prioritize COVID-19 vaccination for frontline meat and poultry workers across the United States, in accordance with official Centers for Disease Control (CDC) guidance.

In a joint <a target="_blank"…

WASHINGTON, Dec. 23, 2020 /PRNewswire/ — Today, the nation’s largest union for meatpacking workers and the association representing meat producers joined forces to urge all 50 U.S. governors to urgently prioritize COVID-19 vaccination for frontline meat and poultry workers across the United States, in accordance with official Centers for Disease Control (CDC) guidance.

In a joint letter to governors, the United Food and Commercial Workers International Union (UFCW) and the North American Meat Institute (Meat Institute) emphasized that quickly vaccinating the sector’s diverse workforce of some 500,000 employees across the country will maximize health benefits, especially in rural communities that often have limited health services, while keeping Americans’ refrigerators full and our farm economy working.

COVID-19 vaccinations can, in many cases, be administered through meat and poultry facilities’ existing health programs and staff. UFCW and the Meat Institute committed to assist employees with information and access to off-site vaccination, if needed, and to support vaccine information and education efforts.

Meat Institute President and CEO Julie Anna Potts: «Health authorities around the world, employers, unions, and civil rights groups all agree – high priority access to vaccines is critical for the long-term safety of essential frontline meat and poultry workers who have kept Americans’ refrigerators full and our farm economy working throughout this crisis.» 

UFCW International Vice President Mark Lauritsen: «America’s meatpacking workers are bravely serving on the frontlines so that millions of families can put food on the table during this crisis. To keep our nation’s food supply secure as the pandemic worsens, we need strong action now from our elected leaders to protect these essential workers in meatpacking plants. As the largest union for America’s meatpacking workers, UFCW is joining industry leaders today in a unified call for governors in all 50 states to immediately prioritize meatpacking workers for access to the COVID vaccine. American lives are at stake and these courageous men and women on the frontlines cannot wait any longer.»

Prioritizing vaccines for frontline meat and poultry workers will build on more than $1.5 billion in comprehensive COVID-19 prevention measures the industry has implemented since the spring. 

Average case rates amongst meat and poultry workers in November were more than 8 times lower than in the general U.S. population. Further details about COVID-19 health and safety measures and COVID-19 relief contributions are available here

UFCW International is the largest private sector union in the United States. UFCW International represents 1.3 million professionals and their families in healthcare, grocery stores, meatpacking, food processing, retail shops and other industries. Our members serve our communities in all 50 states, Canada and Puerto Rico. Learn more about the UFCW at ufcw.org

The North American Meat Institute is the leading voice for the meat and poultry industry.  The Meat Institute’s members process the vast majority of U.S. beef, pork, lamb, and poultry, as well as manufacture the equipment and ingredients needed to produce the safest and highest quality meat and poultry products. Learn more about at meatinstitute.org

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SOURCE North American Meat Institute

Global $16.3 Billion PEMFC (Proton Exchange Membrane Fuel Cells) Market to 2027 with Short-term Impact of COVID-19 for 2020 and 2021

DUBLIN, Dec. 23, 2020 /PRNewswire/ — The «PEMFC (Proton Exchange Membrane Fuel Cells) – Global Market Trajectory & Analytics» report has been added to ResearchAndMarkets.com’s offering.

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Global PEMFC (Proton Exchange Membrane Fuel Cells) Market to Reach $16.3 Billion by 2027

Amid the COVID-19 crisis, the global market for PEMFC (Proton Exchange Membrane Fuel Cells) estimated at US$4.6 Billion in the year 2020, is projected to reach a revised size of US$16.3 Billion by 2027, growing at a CAGR of 19.8% over the period 2020-2027.

The U. S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 19% CAGR

The PEMFC (Proton Exchange Membrane Fuel Cells) market in the U. S. is estimated at US$1.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.8 Billion by the year 2027 trailing a CAGR of 19% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.7% and 17.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.6% CAGR.

The 97-page 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.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • PEMFC (Proton Exchange Membrane Fuel Cells) Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

  • Altergy Systems
  • Ballard Power Systems, Inc.
  • FKK Corporation
  • FuelCell Energy, Inc.
  • Horizon Fuel Cell Technologies Pte Ltd.
  • Hydrogenics Corporation
  • Johnson Matthey Fuel Cells
  • Nedstack Fuel Cell Technology BV
  • Nuvera Fuel Cells LLC
  • Oorja Corporation
  • Plug Power Inc.
  • Protonex Technology Corporation
  • RELiON Battery, LLC
  • SerEnergy A/S
  • Shanghai EverPower Technologies., Ltd.
  • Toho Gas Co., Ltd.

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 49

For more information about this report visit https://www.researchandmarkets.com/r/l4iaa6

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

InventHelp Inventor Develops Easy Way to Create a Garden (TRO-357)

PITTSBURGH, Dec. 23, 2020 /PRNewswire/ — «I wanted to create a simple and easy way for anyone to start their own garden in minutes,» said an inventor, from London, Ontario, Canada, «so I invented the BIO CONE. My design eliminates the need for traditional gardening tools and it saves time and effort.»

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PITTSBURGH, Dec. 23, 2020 /PRNewswire/ — «I wanted to create a simple and easy way for anyone to start their own garden in minutes,» said an inventor, from London, Ontario, Canada, «so I invented the BIO CONE. My design eliminates the need for traditional gardening tools and it saves time and effort.»

The patent-pending invention provides an easy way to create a garden. In doing so, it reduces the time, mess and tools required with traditional methods. It also helps to prevent fatigue to the back, arms and hands and it eliminates the need to use non eco-friendly plastic pots. The invention features a simple design that is convenient and easy to use so it is ideal for households, landscapers and do-it-yourselfers. Additionally, it is producible in design variations and a prototype model is available upon request.

The original design was submitted to the Toronto sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 19-TRO-357, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

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SOURCE InventHelp

FIBA presentó a su nueva Junta Directiva

MIAMI, 23 de diciembre de 2020 /PRNewswire-HISPANIC PR WIRE/ — La Asociación de Banqueros Internacionales de Florida (

MIAMI, 23 de diciembre de 2020 /PRNewswire-HISPANIC PR WIRE/ — La Asociación de Banqueros Internacionales de Florida (FIBA por sus siglas en inglés) dio a conocer su nueva Junta Directiva y al Consejo de Administración para el periodo 2021-2022. La presidenta de consejo electa, Michelle Fernandez, quien es la vicepresidenta senior de gestión y jefa de cumplimiento del BCI, Miami Branch, estará acompañada por los vicepresidentes Andres Fernandez, partner de Holland & Knight y por Wayne Shah, vicepresidente de instituciones financieras globales de Wells Fargo. El cargo de vicepresidente y secretario lo ocupará Dilian Schultz, quien se desempeña como vicepresidente senior y jefe de equipo de préstamos corporativos de First Horizon; mientras que el resto de los directivos serán Jordi Torras, director financiero del Banco Sabadell; Tony Bejarano, gerente general de BICSA, Ivan Garces, director consultivo superior de Kaufman & Rossin y la asesora jurídica: Kimberly Prior, socia de la firma Shutts & Bowen.

«Me siento honrada y agradecida de haber sido electa como presidenta de la junta directiva de tan respetada e importante organización de la industria financiera. Representar a FIBA es algo que haré con orgullo y compromiso. Me siento muy afortunada por unirme a profesionales con tan reconocidas trayectorias que me acompañarán en esta directiva, por lo que espero con ansias el próximo año», dijo Michelle Fernandez.

FIBA, con un legado que abarca más de 40 años, es una asociación comercial sin fines de lucro dedicada a apoyar a la industria global de servicios financieros a través de liderazgo, educación, innovación y promoción.

El saliente presidente de la junta, David Hernandez, quien es director de riesgos en BAC Florida Bank, lideró a FIBA durante este año tan complicado. «El crecimiento y éxito del instituto y las conferencias de FIBA, durante este período tan complejo, son el resultado del arduo trabajo de un equipo talentoso que lo ha dado todo para seguir representando a la comunidad bancaria internacional y me siento honrado de haber sido parte de esto».

David Schwartz, presidente y director ejecutivo de FIBA, agradeció a los miembros actuales mientras felicitó a la directiva recién electa: «Es un gran honor tener a semejantes profesionales tan talentosos en nuestro Consejo este año, como siempre. Michelle es una estupenda colaboradora para nuestra organización, y estamos complacidos de tener una profesional de su calibre liderando nuestro Consejo Directivo», comentó.

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FUENTE FIBA Bankers

Goya Donates 300,000 Pounds of Food to Catholic Charities of New York

JERSEY CITY, N.J., Dec. 23, 2020 /PRNewswire-HISPANIC PR WIRE/ — With the mission to bring people together by helping those in need, Goya Foods, the largest Hispanic-owned food company in the United States donated 300,000 pounds of food to Catholic Charities of New York. 

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JERSEY CITY, N.J., Dec. 23, 2020 /PRNewswire-HISPANIC PR WIRE/ — With the mission to bring people together by helping those in need, Goya Foods, the largest Hispanic-owned food company in the United States donated 300,000 pounds of food to Catholic Charities of New York. 

«During this year of crisis, the Goya family has worked courageously and tirelessly to provide 4 million pounds of nourishing food to those in need around the Country and around the globe. We are grateful to have our work and to have a purpose to rise every morning for God, our families and our Nation. As a result, throughout the year and especially during this Holy Season, we are proud to present the gift of the fruits of our labor to the needy families serviced by Catholic Charities,» said Bob Unanue, President of Goya Foods.

Goya has been a supporter of Catholic Charities for the past five years, donating a total of over 1.5 million pounds of food to people throughout New York City. «The past year has been uniquely challenging with devastating impact on the health and economic security of families in New York’s most vulnerable communities. The need for help with basics such as nutritious food will even increase as the recovery of lost jobs will take years. We are grateful once again for Goya’s generous and long-term support. This Christmas season is most appropriate to highlight the generosity of our donors, staff and volunteers that enable us to provide help and create hope throughout the year,» said Monsignor Kevin Sullivan, Director of Catholic Charities.

This donation is part of the company’s Goya Gives global program and Working for Our Country campaign, which by the end of 2020, Goya will have distributed four million pounds of food to communities throughout the United States. 

To learn more about Goya Gives, please visit: www.goya.com

About Goya Foods

Founded in 1936, Goya Foods, Inc. is America’s largest Hispanic-owned food company, and has established itself as the leader in Latin American food and condiments. Goya manufactures, packages, and distributes over 2,500 high-quality food products from Spain, the Caribbean, Mexico, Central and South America. Goya products have their roots in the culinary traditions of Hispanic communities around the world. The combination of authentic ingredients, robust seasonings and convenient preparation makes Goya products ideal for every taste and every table. For more information on Goya Foods, please visit www.goya.com.

For more information, contact:
Natalie J. Maniscalco
845.659.6506 /
natalie@retromedianyc.com

 

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SOURCE Goya Foods, Inc.

Save money and stay warm with energy efficiency advice

ATLANTA, Dec. 23, 2020 /PRNewswire/ — With the official arrival of winter this week and cold temperatures in the weather forecast, Georgia Power is reminding customers that small changes around the house now can keep you comfortable while delivering big energy savings this winter.

<a href="https://mma.prnewswire.com/media/128122/georgia_power_logo.html" target="_blank"…

ATLANTA, Dec. 23, 2020 /PRNewswire/ — With the official arrival of winter this week and cold temperatures in the weather forecast, Georgia Power is reminding customers that small changes around the house now can keep you comfortable while delivering big energy savings this winter.

Energy efficiency tips from Georgia Power include:

  1. Let the Sun Shine In – Keeping the blinds and shades open during the day is a no-cost way to naturally heat your home. Close them at night to reduce the chill you may feel from cold windows.
  2. Let it Flow – Heating and cooling accounts for as much as 50 percent of a home’s typical winter energy usage. Maximize the efficiency of your units ahead of cold weather by changing the filters once a month, or every three months for pleated filters.
  3. Thinking Thermostats – Install a smart programmable thermostat that automatically adjusts the home’s temperature settings when you are away from the house and save up to $100 a year in energy costs.
  4. Caulk & Strip – Replace cracked or peeling caulk or weather stripping around doors and windows to save up to 10 percent on energy use.
  5. It’s Great to Insulate – Keep heat where it belongs with proper insulation in attics and walls to help save energy 24/7.

Georgia Power Marketplace
Georgia Power offers a full suite of energy efficient options for your home on our Marketplace. You’ll find easy access to products to help make your home more energy efficient and connected. The company brings together popular products, including the latest in smart thermostats, LEDs and devices such as smart speakers, smoke alarms, advanced power strips, water-saving devices and air purifiers to a single convenient online portal on www.GeorgiaPowerMarketplace.com.

Saving Made Easy
Georgia Power encourages customers to find even more ways to save by accessing energy saving tools and resources online at GeorgiaPower.com/Save, including hundreds of easy energy efficiency tips, a free online energy checkup and a variety of rebates and incentives for both homes and businesses.

Additionally, Georgia Power’s My Power Usage program, a free service connected to many Georgia Power online accounts, allows customers to track their daily energy use, project their monthly bill, and set daily or monthly usage alerts.

About Georgia Power
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America’s premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company’s promise to 2.6 million customers in all but four of Georgia’s 159 counties. Committed to delivering clean, safe, reliable and affordable energy at rates below the national average, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the company is recognized by J.D. Power as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.com and connect with the company on Facebook (Facebook.com/GeorgiaPower), Twitter (Twitter.com/GeorgiaPower) and Instagram (Instagram.com/ga_power). 

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SOURCE Georgia Power

Goya dona 300.000 libras de alimentos a Caridades Católicas de Nueva York

JERSEY CITY, Nueva Jersey, 23 de diciembre de 2020 /PRNewswire-HISPANIC PR WIRE/ — Con la misión de reunir personas en la ayuda a los necesitados, Goya Foods, la compañía de alimentos de propiedad hispana más grande de los Estados Unidos, donó 300,000 libras de alimentos a Caridades Católicas de Nueva York.   

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JERSEY CITY, Nueva Jersey, 23 de diciembre de 2020 /PRNewswire-HISPANIC PR WIRE/ — Con la misión de reunir personas en la ayuda a los necesitados, Goya Foods, la compañía de alimentos de propiedad hispana más grande de los Estados Unidos, donó 300,000 libras de alimentos a Caridades Católicas de Nueva York.   

«Durante este año de crisis, la familia Goya ha trabajado incansablemente y con gran valentía para proporcionar 4 millones de libras de alimentos nutritivos a los necesitados en todo el país y en todo el mundo. Estamos agradecidos de tener nuestro trabajo y poder levantarnos cada mañana con el propósito de servir a Dios, a nuestras familias y a nuestra Nación. Como resultado, durante todo el año y especialmente durante esta Temporada Santa, estamos orgullosos de poder ofrecer como regalo el fruto de nuestro trabajo a las familias necesitadas atendidas por Caridades Católicas», dijo Bob Unanue, presidente de Goya Foods.

Goya ha apoyado a Caridades Católicas durante los últimos cinco años, donando un total de más de 1.5 millones de libras de alimentos a personas en toda la ciudad de Nueva York. «El año pasado ha sido excepcionalmente desafiante, con un impacto devastador en la salud y la seguridad económica de las familias en las comunidades más vulnerables de Nueva York. La necesidad de ayuda en conceptos básicos como alimentos nutritivos incluso aumentará, en tanto que la recuperación de los trabajos perdidos llevará años. Agradecemos una vez más el generoso apoyo y a largo plazo de Goya. Esta temporada navideña es muy apropiada para resaltar la generosidad de nuestros donantes, personal y voluntarios, gracias a los cuales podemos brindar ayuda y crear esperanza durante todo el año», dijo Monseñor Kevin Sullivan, Director de Caridades Católicas.

Esta donación es parte del programa global Goya Gives y la campaña de la compañía Working for Our Country, a través de la cual, para fines del 2020, Goya habrá distribuido cuatro millones de libras de alimentos a comunidades de todos los Estados Unidos.

Para obtener más información sobre Goya Gives, visite: www.goya.com

Acerca de GOYA:

Fundada en 1936, Goya Foods, Inc. es la compañía de alimentos de propiedad de hispanos más grande de los Estados Unidos, y se ha establecido como el líder en alimentos y condimentos latinoamericanos. Goya fabrica, envasa y distribuye más de 2,500 productos de alimentos de alta calidad de España, el Caribe, México, América Central y América del Sur. Los productos Goya tienen sus raíces en las tradiciones culinarias de comunidades hispanas de todo el mundo; la combinación de ingredientes auténticos, sazones robustas y preparación conveniente hacen que los productos Goya sean ideales para cada gusto y mesa. Para más información sobre Goya Foods, visite www.goya.com.

Contacto:
Natalie J. Maniscalco
845-659-6506 / natalie@retromedianyc.com  

 

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FUENTE Goya Foods, Inc.

Sun Gro Horticulture Names Phil Jones as CEO

AGAWAM, Mass., Dec. 23, 2020 /PRNewswire/ – Sun Gro Horticulture announced today that it has named Phil Jones as the company’s new Chief Executive Officer. Jones will officially assume his new responsibilities on January 4th, 2021.

Phil joins the Sun Gro team as the next chapter in a more than 25 year career in consumer and agricultural businesses, having spent time in senior leadership and executive roles with Scotts,…

AGAWAM, Mass., Dec. 23, 2020 /PRNewswire/ – Sun Gro Horticulture announced today that it has named Phil Jones as the company’s new Chief Executive Officer. Jones will officially assume his new responsibilities on January 4th, 2021.

Phil joins the Sun Gro team as the next chapter in a more than 25 year career in consumer and agricultural businesses, having spent time in senior leadership and executive roles with Scotts, Monsanto, and S&S Seeds.

«We are extremely pleased that Phil has accepted our offer to join the Sun Gro team,» states Yedidia Koschitzky, Lead Director speaking on behalf of the Sun Gro Board of Directors. «His vast knowledge of agro-business, outstanding leadership skills and his reputation as a team builder are tremendous assets for Sun Gro. We look forward to the continued growth and success of this company under Phil’s direction.»

About Sun Gro Horticulture Ltd.

Sun Gro is the leading producer of peat in North America and a major distributor of peat moss and peat-based growing media products to the North American professional plant growers market. Sun Gro sells products primarily to professional greenhouse, nursery, specialty crop growers and major retailers throughout North America, as well as to golf course developers and landscapers. Based in Agawam, Mass., Sun Gro operates 35 bogs and 18 plants across Canada and the U.S.   

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SOURCE Sun Gro Horticulture Ltd.

Altus Power, In Partnership with Blackstone, Announces Significant Portfolio Growth

GREENWICH, Conn., Dec. 23, 2020 /PRNewswire/ — Altus Power America, Inc. («Altus Power» or the «Company»), a leading clean electrification company serving commercial, municipal, utility and residential customers, announced today that it completed the acquisition of approximately 100 megawatts of distributed solar assets across California, Maryland, <span…

GREENWICH, Conn., Dec. 23, 2020 /PRNewswire/ — Altus Power America, Inc. («Altus Power» or the «Company»), a leading clean electrification company serving commercial, municipal, utility and residential customers, announced today that it completed the acquisition of approximately 100 megawatts of distributed solar assets across California, Maryland, Massachusetts, Minnesota, New York and Vermont. The company expanded its long-standing partnership with Blackstone to finance the projects. Following the completion of these transactions, Altus Power is among the top 5 largest providers of distributed solar and community solar in the U.S., serving over 300 private and public entities and approximately 5,000 residential customers with output from more than 260 megawatts of distributed solar in operation, and a robust pipeline of solar and storage development opportunities.

Altus Power has experienced significant growth in the last 12 months and currently operates in 16 states, providing clean electricity to its customers equal to the consumption of approximately 30,000 homes, displacing 240,000 tons of C02 emissions per annum.

«We are incredibly excited about the tremendous growth that Altus has experienced since partnering with Blackstone. Blackstone’s full capital structure solution has proven to be a true competitive advantage as we approach this rapidly growing market,» said Gregg Felton, Managing Partner of Altus Power.

«We are thrilled to grow our partnership with Altus and their premier management team, and the acquisitions highlight their leadership in the distributed solar and battery markets.  Our investment will enable Altus to continue to meet growing demand for low cost, renewable energy in North America and generate compelling risk-adjusted returns for our investors», said Rob Camacho, Co-Head of Structured Products at Blackstone Credit, and Rob Horn, Co-Head of Energy at Blackstone Credit.

About Altus Power

Altus Power is a market-leading clean electrification company based in Greenwich, Connecticut that provides clean electricity to commercial, municipal and residential clients across the U.S.  Since its founding in 2009, Altus has developed or acquired more than 200 distributed generation solar facilities totaling over 260 megawatts from Vermont to Hawaii. Visit www.altuspower.com to learn more. 

About Blackstone Credit

Blackstone Credit is one of the world’s largest credit-oriented alternative asset managers with approximately $135 billion in total assets under management as of September 30, 2020.  Blackstone Credit’s team of 363 professionals constitutes one of the largest in the industry, with a deep reservoir of credit expertise and experience across a range of market cycles, further enhanced by access to Blackstone’s global resources and perspective. Blackstone Credit’s scale and expertise allow it to provide financing solutions that enhance a corporation’s financial flexibility, while capturing opportunities for investors.  The solutions Blackstone Credit offers draw upon a wide range of disciplines, including loans, high yield and investment grade bonds, structured credit, mezzanine lending and rescue financing.

Media Contact: Altus Power at 203.698.0090 or bizdev@altuspower.com

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SOURCE Altus Power America, Inc.

MoneyGram Announces Five-Year Extension to Canada Post Partnership

DALLAS, Dec. 23, 2020 /PRNewswire-HISPANIC PR WIRE/ — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a five-year extension to its partnership with Canada Post. This renewal, which runs through December 2025, allows MoneyGram customers to continue to transfer money and pay bills at over 5,000 Canada Post locations throughout Canada, as well as through the…

DALLAS, Dec. 23, 2020 /PRNewswire-HISPANIC PR WIRE/ — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a five-year extension to its partnership with Canada Post. This renewal, which runs through December 2025, allows MoneyGram customers to continue to transfer money and pay bills at over 5,000 Canada Post locations throughout Canada, as well as through the Company’s online channel (moneygram.ca) and leading mobile app.

MoneyGram Logo

«We are thrilled to extend our partnership with Canada Post for five more years as we continue to execute our plan to grow the largest retail partnerships in major markets,» said Alex Holmes, MoneyGram Chairman and CEO. «For nearly two decades, MoneyGram and Canada Post have collaborated to enable customers in Canada to easily send or receive money to and from family and friends across the globe. Over the years, we have become Canada Post’s preferred partner given the strength of our brand, the breadth of our global platform, and our collaborative strategy to further improve customer experience. The length of the contract term is a testament to the strength of our partnership, and I’m excited about the growth potential ahead.»

Annual immigration in Canada currently amounts to around 300,000 new immigrants, one of the highest rates per population of any country in the world. As of 2019, there were just under eight million immigrants with permanent residence living in Canada which equates to roughly 21.5% of the total Canadian population.1 As such, Canada is a major market for both MoneyGram and Canada Post, and the two organizations will continue to collaborate to meet the ever-changing needs of their mutual customers.

«MoneyGram is a strong partner, and we’re thrilled to extend our successful relationship another five years,» said John Reis, General Manager Retail at Canada Post. «Our large customer base continues to demand this critical service so that they can quickly and conveniently transfer money back home. We have a robust strategy in place, and I’m excited about the opportunities ahead for further growth and customer-centric collaboration.»

About MoneyGram International, Inc.
MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with 81 now digitally enabled.

MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world’s leading brands to serve millions of people each year through both its walk-in business and its direct-to-consumer digital business.

With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world’s best customer experience, MoneyGram is leading the evolution of digital P2P payments.

For more information, please visit moneygram.com and follow @MoneyGram.

MoneyGram Media Contact
Stephen Reiff
Media@MoneyGram.com 

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SOURCE MoneyGram