Technomic features industry-leading foodservice and adult beverage guest speakers at January conference

CHICAGO, Jan. 28, 2021 /PRNewswire/ — Technomic hosted its January Planning Program meetings virtually, with more than 900 manufacturers in attendance. The program’s biannual meetings provide updates on the economy, industry, menus and consumers, assisting suppliers with strategic planning.

The meeting’s theme was «Reinvent,» providing an in-depth exploration of key topics that will matter most for success in a post-pandemic environment. In addition to proprietary Technomic research, content…

CHICAGO, Jan. 28, 2021 /PRNewswire/ — Technomic hosted its January Planning Program meetings virtually, with more than 900 manufacturers in attendance. The program’s biannual meetings provide updates on the economy, industry, menus and consumers, assisting suppliers with strategic planning.

The meeting’s theme was «Reinvent,» providing an in-depth exploration of key topics that will matter most for success in a post-pandemic environment. In addition to proprietary Technomic research, content was shared from industry-leading speakers, including David McPhillips, director of beverage strategy and innovation at Buffalo Wild Wings; Federico Valiente, director of marketing at Pollo Campero; Lance Reynolds, senior manager of the restaurant operations consulting group at US Foods; and Dave Miesse, CEO at Association for Foodservice Distributor Representatives.

«It was important for us to forecast what the restaurant landscape will look like once all virus concerns are resolved and consumer confidence in dining out rebounds,» said Bernadette Noone, vice president, programs, at Technomic. «The recommended actions within these studies will serve as a foundation for our members to make foolproof plans for the future.»

Key findings include:

  • Total foodservice industry sales declined by 26.4% nominally in 2020, while on-premise adult beverage sales declined by 47.3%
  • 82% of operators put sustainability initiatives on hold in 2020
  • 38% of operators expect to be more interested in innovation in the coming years than they were pre-pandemic

Our Foodservice Planning Program and Adult Beverage Planning Program supplier members benefit from custom studies, newsletters and ongoing deliverables in addition to annual meetings. For more information on the programs, visit Technomic.com or contact one of the individuals listed below.

Contacts:

Press inquiries and program details: Bernadette Noone, (312) 506-3853, bnoone@technomic.com
Purchasing details: Patrick Noone, (312) 506-3852, pnoone@technomic.com

About Technomic

Technomic, Inc., a Winsight company, was founded as a management consulting firm in 1966. Since then, Technomic’s services have grown to encompass cloud-based B2B research tools, consumer and menu trend tracking, as well as other leading strategic research and analytic capabilities, to prioritize and size business opportunities. Our clients include food manufacturers and distributors, restaurants, retailers and multiple other business verticals aligned with the food industry that are looking to make informed decisions to support their business growth. Visit Technomic at www.technomic.com.

 

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SOURCE Technomic

Wyndham Hotels & Resorts Joins with Rover to Make Pet-Friendly Travel Easier for New Pet Parents

PARSIPPANY, N.J., Jan. 28, 2021 /PRNewswire/ — Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across 90 countries, today announced a new tail-wagging deal perfect for new pet parents in need of getaway. The well-known hotel company has teamed up with Rover, the nation’s largest network of five-star pet sitters and dog walkers, offering U.S. guests $30 off their first Rover pet service when they book a…

PARSIPPANY, N.J., Jan. 28, 2021 /PRNewswire/ — Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across 90 countries, today announced a new tail-wagging deal perfect for new pet parents in need of getaway. The well-known hotel company has teamed up with Rover, the nation’s largest network of five-star pet sitters and dog walkers, offering U.S. guests $30 off their first Rover pet service when they book a qualified stay at any By Wyndham hotel.

The timely collaboration comes as the U.S. experiences a surge in dog adoptions, sales and fostering amid the COVID-19 pandemic. In fact, a recent poll of pet parents by Rover noted that nearly half had recently acquired a new dog during the pandemic. And a separate survey conducted by the American Pet Products Association, found that roughly two-thirds of American families own a pet, which they spent $96 billion on in 2019, a figure that many expect will only continue to grow. In working together, Wyndham and Rover hope to help everyday travelers save money and reduce travel anxiety—particularly as they think about traveling with, or away from, their new four-legged family members.

«With thousands of pet-friendly locations across the country, our hotels have always been a go-to for families with pets.» said Lisa Checchio, executive vice president and chief marketing officer, Wyndham Hotels & Resorts. «Many travelers are eager to start planning that next getaway. Our new partnership with Rover and their range of pet services will help pet owners take the guess work out of travel – helping them care for their pets at home or on the great American road trip.»

Rover counts more than 300,000 sitters among its network and connects pet owners with services such as dog boarding, house sitting, dog walking, doggy day care, drop-in visits and grooming in select markets. All new sitters pass a background check, provide a detailed profile and personal information, and are approved by Rover’s team of sitter specialists. Pet parents can find loving care in their neighborhood or on-the-road, making them the perfect complement to Wyndham’s more than 4,500 pet-friendly hotels across the U.S., including those under well-known brands like La Quinta® by Wyndham, Baymont® by Wyndham, Super 8® by Wyndham and Howard Johnson® by Wyndham, to name just a few.

«In joining forces with Wyndham, we’re making it easier for pet owners to travel with or without their pet. This serves our mission of making it easier for everyone to experience the love of a pet in their lives,» said Kate Jaffe, Trends Expert at Rover. «Wyndham’s pet-friendly hotels allow traveling pet parents to easily accommodate their pets. But not all travel activities are pet-friendly. That’s where Rover can help, offering peace of mind to travelers with easy to find, trusted local pet care.»

Promotional offer of $30 off is available only to new Rover customers and requires a qualified stay at any participating By Wyndham hotel. Travelers must book direct with Wyndham to qualify for the offer and complete their stay by December 31, 2021. Pet policies vary by hotel and may include certain restrictions on the type, size, and number of pets allowed. Additional hotel fees may apply. Learn more at www.wyndhamhotels.com/rover.

About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world’s largest hotel franchising company by the number of properties, with approximately 9,000 hotels across approximately 90 countries on six continents. Through its network of 804,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services. The Company’s award-winning Wyndham Rewards loyalty program offers 85 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com.

About Rover
Founded in 2011 and based in Seattle, Rover.com® is the world’s largest and most trusted network of five-star pet sitters and dog walkers. Rover connects dog and cat owners with pet care whenever they need it. Millions of services have been booked on Rover, including pet sitting, dog walking, in-home boarding, drop-in visits, doggy day care, and grooming in select markets. As The Dog People®, Rover makes it easier for people to have pet love in their lives through the Rover Guarantee, 24/7 support, vet consultations, and GPS walk tracking. And by sharing expertise on TheDogPeople.com, a trusted resource for millions of dog and cat parents worldwide, Rover provides tips and articles that delight, inform, and enhance the bond between people and their pets. To learn more about Rover, please visit http://www.rover.com.

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SOURCE Wyndham Hotels & Resorts

Leading Corporate Citizen Hormel Foods Announces It Will Match 100 Percent of its Global Energy Use with Renewable Sourcing and Establish Science Based Targets for the Reduction of Greenhouse Gas Emissions

AUSTIN, Minn., Jan. 28, 2021 /PRNewswire/ — Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced its new set of leading environmental sustainability goals, which are part of the company’s 20 By 30 Challenge. In continuing with its corporate responsibility leadership, the company will strive to achieve 20 corporate responsibility goals by 2030 and will report its progress annually. The company’s new goals follow its previous set of sustainability goals in which…

AUSTIN, Minn., Jan. 28, 2021 /PRNewswire/ — Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced its new set of leading environmental sustainability goals, which are part of the company’s 20 By 30 Challenge. In continuing with its corporate responsibility leadership, the company will strive to achieve 20 corporate responsibility goals by 2030 and will report its progress annually. The company’s new goals follow its previous set of sustainability goals in which the company achieved significant reductions in its packaging, nonrenewable energy use, greenhouse gas emissions, water use and solid waste sent to landfills.

The company’s new environmental sustainability goals include:

– Matching 100 percent of its global energy use with renewable sourcing.

– Establishing important science based greenhouse gas emissions reduction targets by 2023.

– Taking action across its supply chain to improve water quality, including the support of regenerative agriculture initiatives.

«For nearly 130 years, Hormel Foods has continued to showcase its citizenship and stewardship by using its size and resources to make a difference. From sustainable packaging initiatives to water and energy stewardship, our global team of inspired people is committed to making lasting and measurable progress in protecting our natural resources,» said Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods. «We know that good business and good stewardship go hand in hand, and these goals are designed to enable improvements that will ultimately make our food supply better for us all.»

«Our worldwide team of professionals and supply chain partners are ready to step up to the challenge to help us achieve these important sustainability goals,» said Mark Coffey, senior vice president of supply chain and manufacturing at Hormel Foods. «Together, we will deliver results that will make a significant contribution toward the reduction of greenhouse gas emissions, improvement of water quality and the continued advancement of sustainable agriculture practices in our supply chain.»

Hormel Foods continues to receive recognition for its corporate responsibility efforts and performance, including being named one of the 100 Best Corporate Citizens for 12 years in a row by 3BL Media and one of America’s Most Responsible Companies by Newsweek magazine for two consecutive years, in addition to many others.

Hormel Foods will release additional goals that are part of its 20 By 30 Challenge in future announcements, which will include goals surrounding education, community support and food security. More information about the company’s efforts can be found at https://csr.hormelfoods.com/ and https://www.hormelfoods.com/responsibility/.

ABOUT HORMEL FOODS — Inspired People. Inspired Food.™

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly®, Hormel® Black Label®, Columbus® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the «Global 2000 World’s Best Employers» list by Forbes magazine for three straight years, is one of Fortune magazine’s most admired companies, has appeared on Corporate Responsibility Magazine’s «The 100 Best Corporate Citizens» list for the 12th year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world’s most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/.

Contact:
Kelly Braaten
507-434-6352
media@hormel.com

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SOURCE Hormel Foods Corporation

Conner Named Vice President Of FERC And RTO Strategy & Policy

COLUMBUS, Ohio, Jan. 28, 2021 /PRNewswire/ — American Electric Power (Nasdaq: AEP) has named Amanda Riggs Conner vice president – FERC and RTO Strategy & Policy, effective Jan. 30.

Conner will be responsible for ensuring AEP’s generation and grid development businesses are represented in policy matters at the Federal Energy Regulatory Commission (FERC) and Regional Transmission Organizations (RTO). She will report to <span…

COLUMBUS, Ohio, Jan. 28, 2021 /PRNewswire/ — American Electric Power (Nasdaq: AEP) has named Amanda Riggs Conner vice president – FERC and RTO Strategy & Policy, effective Jan. 30.

Conner will be responsible for ensuring AEP’s generation and grid development businesses are represented in policy matters at the Federal Energy Regulatory Commission (FERC) and Regional Transmission Organizations (RTO). She will report to Antonio Smyth, senior vice president – Grid Solutions.

Conner, 46, currently serves as managing director in AEP’s Washington, D.C., office, focusing on FERC and federal legislative issues. She began working for AEP in 2012 as senior counsel in the Legal Department, representing the company in PJM transmission owner committees and handling transmission formula rate and market based rate issues before FERC.

«Amanda brings a wealth of knowledge and experience with federal regulatory and policy issues that will strengthen our efforts as we continue making investments in the energy solutions that improve service to our customers,» Smyth said.

Prior to joining AEP, Conner held a counsel position at Orrick, where she represented renewable developers in project finance and related matters before FERC, including market-based rate applications, qualifying facility self-certifications, applications for approval of transactions involving jurisdictional facilities, and interconnection of renewable generation. Previously, she was an associate attorney with Wright & Talisman, where she represented Southwest Power Pool and the MISO transmission owners in numerous FERC matters, including those involving energy market implementation and compliance with open access transmission directives. Conner earned her bachelor’s degree from Purdue University and her law degree from Indiana UniversityMaurer School of Law.

American Electric Power, based in Columbus, Ohio, is focused on building a smarter energy infrastructure and delivering new technologies and custom energy solutions to our customers. AEP’s approximately 17,000 employees operate and maintain the nation’s largest electricity transmission system and more than 221,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.5 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 30,000 megawatts of diverse generating capacity, including more than 5,300 megawatts of renewable energy. AEP’s family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide. For more information, visit aep.com.

(PRNewsfoto/American Electric Power)

 

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SOURCE American Electric Power

Greeneye Technology completed a series of field trials of its precision spraying technology and starts enrolling US farmers for the upcoming launch in 2022

TEL-AVIV, Israel, Jan. 28, 2021 /PRNewswire/ — Greeneye Technology, a leading precision agriculture company based in Tel-Aviv, Israel, announced today it has concluded a series of successful field trials with leading multinational stakeholders from the agriculture industry to evaluate its precision spraying system in real…

TEL-AVIV, Israel, Jan. 28, 2021 /PRNewswire/ — Greeneye Technology, a leading precision agriculture company based in Tel-Aviv, Israel, announced today it has concluded a series of successful field trials with leading multinational stakeholders from the agriculture industry to evaluate its precision spraying system in real field conditions. Greeneye demonstrated unparalleled results with more than 95% accuracy rate throughout all spraying applications (pre & post emergence) and reduction of more than 80% of herbicides compared to standard broadcast spraying.

«The results of the field trials are the ultimate testimonial that precision spraying is about to change everything we know about the way farmers spray chemicals, we are excited with the enormous potential this technology brings to farmers, this is an important milestone in our mission to reduce chemical usage while increasing farmers profitability and productivity» commented Nadav Bocher, CEO & Co-founder of Greeneye.

Following the demonstration, Greeneye expects to announce several strategic collaborations agreements with multinational stakeholders. The second generation of the system will be deployed commercially in the summer of 2021 and will be available for farmers in the US in the 2022 season.

About Greeneye Technology

Greeneye is a leading technology company with a focus in precision agriculture, established in 2017 and based in Tel-Aviv, Israel. Greeneye has a multidisciplinary team with expertise in computer vision, artificial intelligence, agronomy, mechanical engineering, spraying applications, etc. We work with an extraordinary group of talented and visionary people who are committed to provide sustainable solutions for farmers around the world. Greeneye is backed by world renowned investors, the last round of financing was led by JVP and Syngenta venture.

More information can be found on – www.greeneye.ag/

Contact person: Liron Hillel, VP Business Development, lironh@greeneye.ag

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SOURCE Greeneye Technology

EQT and Project Canary Partner on Certified Responsibly Sourced Natural Gas Pilot

PITTSBURGH and DENVER, Jan. 28, 2021 /PRNewswire/ — EQT Corporation (NYSE: EQT) today announced its commitment to a pilot project to demonstrate the production of responsibly sourced natural gas (RSG) for use in domestic and international energy markets.

PITTSBURGH and DENVER, Jan. 28, 2021 /PRNewswire/ — EQT Corporation (NYSE: EQT) today announced its commitment to a pilot project to demonstrate the production of responsibly sourced natural gas (RSG) for use in domestic and international energy markets.

The intent of the pilot is to show that natural gas can be, and is, produced with high environmental and social standards, and that global energy market demand exists and is growing for these differentiated RSG products.

«This partnership aligns with our commitment to ESG leadership and to meeting the evolving needs and expectations of our stakeholders. Further, it confirms the emerging domestic and international markets for this differentiated commodity and the important role that United States LNG will play in the future energy mix,» said Toby Z. Rice, President and CEO of EQT. «EQT is the largest producer of natural gas in one of the lowest emission intensity basins – we’re well positioned to further capitalize on our world-class asset base and operational excellence to pursue a high quality, responsible energy source to meet growing global energy demands.»

The pilot project reaffirms EQT’s long-standing commitment to environmental, social and governance (ESG) leadership and responsible energy development. Under the terms of the pilot, EQT will seek to produce RSG through third-party certification of two of its well pads, accompanied by continuous methane emissions monitoring of the pads. Project Canary, an International Environmental Standards company, will provide TrustWell certification of EQT’s selected pads and continuous, real-time methane emissions monitoring.

Chris Romer, CEO of Project Canary said, «Stakeholders and investors continue to expect and demand more transparency, more verifiable trusted data, and more overall ESG-related performance progress across the energy sector. This pilot project, which will utilize our differentiated technology to provide trusted and independent data, demonstrates continued responsiveness toward meeting and exceeding those growing stakeholder demands. We’re grateful to work alongside EQT, which is an industry leader, toward the shared goal of enhancing stakeholder confidence by helping to ensure natural gas is produced as responsibly as possible.»

Under the terms of the confidential pilot, a global energy company has agreed to purchase a portion of the RSG produced from the pilot. Project Canary’s «Canary X» devices will be installed on EQT’s two selected pads to measure methane concentrations at the site level every second and communicate the results to a cloud database every minute. The TrustWell certification scores more than 300 points related to production practices, including air, land, water, and waste management, as well as drilling and completion processes. For this pilot project, social impacts on the community will also be evaluated. This third-party validation from Project Canary will allow EQT to achieve the highest possible industry standards for RSG and add additional trusted data to ESG ratings.

EQT Contact:
Andrew Breese
Director, Investor Relations
412.395.2555
ABreese@eqt.com

Project Canary Contact:
Chris Romer
CEO and Co-Founder
Chris.Romer@projectcanary.com

About the Pilot Participants
EQT Corporation is a leading independent natural gas production company with operations focused in the cores of the Marcellus and Utica Shales in the Appalachian Basin. We are dedicated to responsibly developing our world-class asset base and being the operator of choice for our stakeholders. By leveraging a culture that prioritizes operational efficiency, technology and sustainability, we seek to continuously improve the way we produce environmentally responsible, reliable and low-cost energy. We have a longstanding commitment to the safety of our employees, contractors, and communities, and to the reduction of our overall environmental footprint. Our values are evident in the way we operate and in how we interact each day – trust, teamwork, heart, and evolution are at the center of all we do. To learn more, visit eqt.com.

Project Canary, an International Environmental Standards company based in Denver, Colorado, is a mission-driven B-Corporation accountable to a double bottom line of profit and the social good. Project Canary believes it is possible to create a financially successful, self-sustaining business that «does well and does good.» Project Canary’s goal is to mitigate climate change by helping the oil and gas industry operate on a cleaner, more efficient, more sustainable basis. Its proven solutions provide real-time emissions monitoring and rigorous independent certification of oil and gas well sites for responsible operations. Project Canary / IES solutions help energy companies Collect, Manage, Operationalize and Benefit from real-time environmental data. Project Canary partners with the Colorado School of Mines Payne Institute to develop a collaborative environment for oil and gas companies and external parties to share best practices and insights garnered through continuous monitoring. To learn more, visit projectcanary.com.

Cautionary Statements
This news release contains certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Statements that do not relate strictly to historical or current facts are forward-looking. Without limiting the generality of the foregoing, forward-looking statements contained in this news release specifically include the expectations of plans, strategies and objectives of EQT Corporation and its subsidiaries (collectively, the Company), including the projected terms, benefits and results of the RSG pilot project with Project Canary (the Pilot Project), the parties expected to be involved in the Pilot Project, and the timing of implementation or whether the Pilot Project will be implemented at all. The risks and uncertainties that may affect the implementation and execution of the Pilot Project and other forward-looking statements made herein include, but are not limited to, volatility of commodity prices; the costs and results of drilling and operations; access to and cost of capital; uncertainties about estimates of reserves, identification of drilling locations and the ability to add proved reserves in the future; the assumptions underlying production forecasts; the quality of technical data; the Company’s ability to appropriately allocate capital and resources among its strategic opportunities; inherent hazards and risks normally incidental to drilling for, producing, transporting and storing natural gas, NGLs and oil; cyber security risks; availability and cost of drilling rigs, completion services, equipment, supplies, personnel, oilfield services and water required to execute the Company’s exploration and development plans; the ability to obtain environmental and other permits and the timing thereof; government regulation or action; environmental and weather risks, including the possible impacts of climate change; uncertainties related to the severity, magnitude and duration of the COVID-19 pandemic; and disruptions to the Company’s business due to acquisitions and other significant transactions. These and other risks are described under Item 1A, «Risk Factors,» and elsewhere in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, as updated by Part II, Item 1A, «Risk Factors» in the Company’s subsequently filed Quarterly Reports on Form 10-Q and other documents the Company files from time to time with the Securities and Exchange Commission. In addition, the Company may be subject to currently unforeseen risks that may have a materially adverse impact on it.

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SOURCE EQT Corporation

Matco Tools Ranked A Top Franchise In Entrepreneur’s Highly Competitive 42nd Annual Franchise 500®

STOW, Ohio, Jan. 28, 2021 /PRNewswire/ — Matco Tools recently ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Placement in the Franchise 500® is a highly sought-after honor in the franchise industry making it one of the company’s most competitive rankings ever. Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks Matco Tools 50th for its outstanding performance…

STOW, Ohio, Jan. 28, 2021 /PRNewswire/ — Matco Tools recently ranked in Entrepreneur magazine’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. Placement in the Franchise 500® is a highly sought-after honor in the franchise industry making it one of the company’s most competitive rankings ever. Recognized as an invaluable resource for potential franchisees, the Franchise 500® ranks Matco Tools 50th for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.

Factors that go into the evaluation include: costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points.

«Our mission is to provide people with the opportunity to realize their dream of successful business ownership,» says Matco Tools President Tim Gilmore. «This year has been challenging for people in many ways, seeing how stable our performance has been during this time is a reflection of the Matco business system as well as the dedication of our Franchisees.»

Over its 42 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. This will be Matco’s 21st consecutive Top 50 ranking and is a testament to its strength as a franchise opportunity.

To view Matco Tools in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2021 issue of Entrepreneur, available on newsstands January 26th.

About Matco Tools
Since 1979, Matco Tools has provided professional mechanics and auto enthusiasts with all the premium tools, storage and equipment they need to get the job done, while also offering best-in-class service and customer support.  The company’s network of nearly 1,800 premier independent mobile distributors is focused on developing and maintaining trust-based relationships with its customers. Consecutively ranking among the top 50 in Entrepreneur magazine’s Franchise 500® for the past 21 years, the company continues to expand throughout the United States and Canada, adding several hundred mobile stores each year.  For more information, visit www.matcotools.com/franchise/.

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SOURCE Matco Tools

Outlook on the Aircraft Weighing System Global Market to 2027 – by Type, Application and Geography

DUBLIN, Jan. 28, 2021 /PRNewswire/ — The «Aircraft Weighing System Market Forecast to 2027 – COVID-19 Impact and Global Analysis by Type (Floor-standing and Platform), Application (Commercial Aviation and Military Aviation)» report has been added to ResearchAndMarkets.com’s offering.

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According to this report the global aircraft weighing system market was valued at US$ 102.76 million in 2019 and is projected to reach US$ 133.03 million by 2027; it is expected to grow at a CAGR of 4.2% from 2020 to 2027.

The global aircraft weighing system market includes a substantial number of market players operating in the market resulting in a fragmented global market. However, the market includes a selected number of prominent market players, such as HKM Messtechnik; NicolScales; McCoy Global Inc.; General Electrodynamics Corporation; Henk Maas; Intercomp; Jackson Aircraft Weighing Systems LLC; Langa Industrial S.A.; Vishay Precision Group, Inc; and Teknoscale OY, with substantial customer base and strong market positioning.

At present, the global aircraft weighing system market is principally dominated by the developed regions, such as North America and Europe, accounting for ~69.5% of the global market collectively. Significant factors, such as availability of rapid technological advancements, high disposable individual incomes, technological capabilities, presence of leading aircraft manufacturers, and presence of some of the well-established aircraft weighing system providers have contributed toward the significant consolidation of the market share in North America and Europe. APAC is anticipated to gain significant traction and expected to witness the highest CAGR during the forecast period. Rising MRO services, growing air traffic, and increasing number of low-cost carriers (LCCs) are some of the factors propelling the growth of the market in APAC.

Companies in the market are highly involved in offering aircraft weighing systems to the end users in order to gain traction in the market. For instance, in December 2017, HAECO Americas selected Intercomp for its AC60-LP platform scale systems for different HAECO Americas MRO locations. Intercomp’s aircraft scales offer high quality scales and accessories, ease of use, and solid-state technology. In the past years, HAECO used top-of-jack method for weighing operations; however, the swift deployment and weighing capabilities of the company’s platform scales provide MRO benefits with effectiveness and less time for the weighing procedure. In August 2020, Intercomp declared that Airborne Maintenance & Engineering Services, a US-based leading MRO, completed deployment and training on the company’s AC60-LP scale system. The accuracy and reliability provided by Intercomp’s weighing system is widely used among airlines, MROs, and airframe manufacturers globally.

On the contrary, due to ongoing pandemic, all the major regions, such as Europe, APAC, and North America, have imposed strict restrictions on business activities and movement of goods and people. These factors are anticipated to affect both supply of various aircraft components and parts as well as their demand. This, in turn, negatively impacts the revenue growth of the global aircraft weighing system market to some extent, especially in 2020 and early 2021.

Reasons to Buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global aircraft Weighing system market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global aircraft Weighing system market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Key Topics Covered:

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Aircraft Weighing System Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis

5. Aircraft Weighing System Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Deliveries and Orders of Aircraft
5.1.2 Growing Concern Related to Safety of Aircraft
5.2 Market Restraint
5.2.1 Concern Related to Aircraft Weight Range and the Tire Size
5.3 Market Opportunities
5.3.1 Surging Aircraft MRO Services in Emerging Economics
5.4 Trend
5.4.1 Rising Aircraft Fleets to Increase the Demand for Aircraft Weighing Systems
5.5 Impact Analysis of Drivers and Restraints

6. Aircraft Weighing System – Global Market Analysis
6.1 Overview
6.2 Aircraft Weighing System Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Global Market Players Ranking

7. Aircraft Weighing System Market Analysis – By Type
7.1 Overview
7.2 Aircraft Weighing System Market Breakdown, by Type, 2019 & 2027
7.3 Floor-Standing
7.3.1 Overview
7.3.2 Floor-Standing: Aircraft Weighing System Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Platform
7.4.1 Overview
7.4.2 Platform: Aircraft Weighing System Market – Revenue and Forecast to 2027 (US$ Million)

8. Aircraft Weighing System Market Analysis – By Application
8.1 Overview
8.2 Aircraft Weighing System Market Breakdown, by Application, 2019 & 2027
8.3 Commercial Aviation
8.3.1 Overview
8.3.2 Commercial Aviation: Aircraft Weighing System Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Military Aviation
8.4.1 Overview
8.4.2 Military Aviation: Aircraft Weighing System Market – Revenue and Forecast to 2027 (US$ Million)

9. Aircraft Weighing System Market – Geographic Analysis
9.1 Overview
9.2 North America: Aircraft Weighing System Market
9.3 Europe: Aircraft Weighing System Market
9.4 APAC: Aircraft Weighing System Market
9.5 MEA: Aircraft Weighing System Market
9.6 SAM: Aircraft Weighing System Market

10. Aircraft Weighing System Market – COVID-19 Impact Analysis
10.1 Impact of COVID-19 Pandemic on Global Aircraft Weighing System Market
10.1.1 North America: Impact Assessment of COVID-19 Pandemic
10.1.2 Europe: Impact Assessment of COVID-19 Pandemic
10.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.1.5 South America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape
11.1 Overview
11.2 Market Initiative

12. Company Profiles
12.1 General Electrodynamics Corp.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Henk Maas Weegschalen BV
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Intercomp Company
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Jackson Aircraft Weighing Systems LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Overview
12.4.4 SWOT Analysis
12.4.5 Key Developments
12.5 Langa Industrial S.A.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Vishay Precision Group, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Teknoscale OY
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Nicol Scales & Measurement
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 McCoy Global Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 HKM-Messtechnik GmbH
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments

13. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/i83eg3

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Kelley Blue Book Digital Solutions Help Dealers Achieve Greater Efficiencies Without Sacrificing Profitability

IRVINE, Calif., Jan. 28, 2021 /PRNewswire/ — Kelley Blue Book, the No. 1 most trusted third-party automotive resource, is leaning into the first-ever virtual NADA with enhanced digital solutions that offer consumers a more seamless trade-in, car-buying, and owning experience while helping to ensure dealerships achieve greater efficiencies without sacrificing profitability. Kelley Blue Book’s newest offerings featured at NADA 2021 include…

IRVINE, Calif., Jan. 28, 2021 /PRNewswire/ — Kelley Blue Book, the No. 1 most trusted third-party automotive resource, is leaning into the first-ever virtual NADA with enhanced digital solutions that offer consumers a more seamless trade-in, car-buying, and owning experience while helping to ensure dealerships achieve greater efficiencies without sacrificing profitability. Kelley Blue Book’s newest offerings featured at NADA 2021 include Kelley Blue Book® Instant Cash Offer Buying Signals and Featured Auto Repair Center.

«Last year was full of unexpected challenges and, ultimately, accelerated innovation. We are eager to maintain that momentum through our latest digital solutions,» said Randy Kobat, vice president of operations for Inventory Management Solutions at Cox Automotive. «And while some of 2020’s problems are rolling into 2021, acquiring profitable inventory and understanding consumers’ intent to purchase shouldn’t be negatively impacting your business by not knowing more about the consumers coming to your store.»

Kelley Blue Book® Instant Cash Offer Buying Signals Kelley Blue Book builds on its existing Instant Cash Offer tool to tap into data-driven insights to help unlock the full potential of dealerships’ Instant Cash Offers to customers. The industry-leading tool analyzes customer shopping behavior data from across Cox Automotive data sources to provide a more complete picture of the consumer, allowing for a more targeted approach to offers, and an understanding of their vehicle shopping preferences and purchase timeline without having to manually dig through data. In fact, Kelley Blue Book Instant Cash Offer leads with Buying Signals had a transaction completion rate nearly 24% better than leads without Buying Signals, whether the vehicle was sold through Instant Cash Offer or elsewhere, from July through October 2020.1

«When a dealership starts the conversation knowing where customers are in their buying journey, they are taking a targeted approach to leads while providing a personalized customer experience,» said Kobat. «These actionable insights enable better engagement with consumers and a data-driven way to acquire profitable inventory.»

Kelley Blue Book Instant Cash Offer Buying Signals appear alongside the Instant Cash Offer within the Dealer Admin Tool and shoppers are tagged according to their purchase timeline, including «Casually Browsing,» «Actively Shopping,» and «Ready to Buy.» Plus, dealerships see shopping preferences like the year, make, model, mileage, and more.

«As an Instant Cash Offer client for many years, this tool has become a vital piece of our inventory acquisition process. Leveraging the data and information from one of the most trusted brands in the automotive market has helped us own more cars for less,» said Jonathan Hakes, used vehicle inventory director at Dorschel VW. «With new functionality from Kelley Blue Book’s Instant Cash Offer Buying Signals, we are eager to take our data-driven approach to the next level. The more we know about a customer, the better the experience we can deliver and make the most of that opportunity.»

Kelley Blue Book® Featured Auto Repair Center allows franchise dealers to turn KBB.com’s millions of service-ready consumer visits per month into new business. In fact, 63% of service customers coming from KBB.com are new to participating dealerships.2 Consumers are increasingly looking for guidance on key maintenance, repair, and recall questions, including pricing. The Service and Repair Guide on KBB.com provides consumers with the trusted information they need to make confident decisions about their vehicles and connects them with Featured Auto Repair Center dealerships that can do the work. Also, Kelley Blue Book’s Fair Repair Range guides owners on service and repair price ranges based on regionalized service pricing.

If dealerships are looking to protect their market share and beat out local competition, as a Premium Featured Auto Repair Center dealer, dealerships can claim brand-exclusive placement on KBB.com’s Service and Repair Guide for their area, making it the first listing consumers see when searching for dealerships to service their vehicles.

The 2021 NADA Show will be held via a virtual experience February 9-11, 2021. To learn more about Kelley Blue Book Instant Cash Offer Buying Signals, visit https://b2b.kbb.com/ico/buying-signals/. To learn more about Featured Auto Repair Center, visit https://b2b.kbb.com/featured-auto-repair-center/.

About Kelley Blue Book (www.kbb.com) 

Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry. Each week the company provides market-reflective values on its top-rated website KBB.com, including its famous Blue Book® Trade-In Values and Kelley Blue Book® Price Advisor tool, which provides a range for what consumers can reasonably expect to pay for a vehicle in their area. Car owners looking to sell immediately can also get a redeemable, transaction-ready offer with Kelley Blue BookSM Instant Cash Offer. The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies, and governmental agencies. Kelley Blue Book is a Cox Automotive brand. 

About Cox Automotive

Cox Automotive Inc. makes buying, selling, owning and using vehicles easier for everyone. The global company’s more than 27,000 team members and family of brands, including Autotrader®, Clutch Technologies, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, VinSolutions®, vAuto® and Xtime®, are passionate about helping millions of car shoppers, 40,000 auto dealer clients across five continents and many others throughout the automotive industry thrive for generations to come. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with annual revenues of nearly $20 billion. www.coxautoinc.com

1 Cox Automotive Data Analysis, July-October 2020

2 Xtime Product Analytics Data Average 9/16/19-11/30/20

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Electric Acceleration Tech leader makes social responsibility vision a reality

– Xledger introduces EVs to its UK fleet

– The move was supported by Synergy Car Leasing

– DRIVE’s ODO platform underpinning Xledger transition to EVs

LONDON, Jan. 28, 2021 /PRNewswire/ — DRIVE Software Solutions («DRIVE»), a leading provider of fleet management technology, is pleased to announce that it is supporting Xledger UK in optimising its management of a greener fleet of vehicles. The move to DRIVE’s…

– Xledger introduces EVs to its UK fleet

– The move was supported by Synergy Car Leasing

– DRIVE’s ODO platform underpinning Xledger transition to EVs

LONDON, Jan. 28, 2021 /PRNewswire/ — DRIVE Software Solutions («DRIVE»), a leading provider of fleet management technology, is pleased to announce that it is supporting Xledger UK in optimising its management of a greener fleet of vehicles. The move to DRIVE’s ODO platform was facilitated by Synergy Car Leasing («Synergy») which has been a customer of DRIVE’s for almost a year and provides Xledger UK with their vehicle and fleet management solutions.

DRIVE Software Solutions Ltd. Logo

Xledger is a leading provider of cloud-based finance software. With four global offices, Xledger help 10,000 organisations in 60 countries streamline, digitise and automate their finances. They have  recently been classified as a Major Player in IDC’s Market Overview: Worldwide SaaS and Cloud-Enabled Midmarket Finance and Accounting Applications 2020. Xledger is passionate about the role of digital transformation for the environment and is proud to be driving more sustainable futures for workplaces around the world. An effort which includes implementing a green fleet of vehicles for its employees.  https://xledger.com/uk

Synergy Car Leasing is  recognised as the fastest growing vehicle Leasing Broker in its class (2019 – 2020) by the Leasing Broker Federation. . As a component of its targeted growth in the provision of Fleet Management services to its customer base Synergy has adopted the DRIVE ODO system. This will facilitate its management of customer’s fleets and the transition to EV.  https://www.synergycarleasing.co.uk/

Paul Parkinson, CEO and founder of Synergy Car commented;

«Xledger are a great example of an innovative tech business who don’t just talk about their social responsibilities, but who implement practical steps to reduce their impact on the environment. The introduction of EVs to their corporate vehicle fleet is just one example of their commitment.  We have partnered with DRIVE in providing ODO to our customers, like Xledger, to ensure that we are able to effectively, and efficiently, manage their transition to a greener fleet. ODO gives us the visibility and automation to ensure that our customer’s fleet is compliant, cost efficient and green.»

Robert Gorby, Chief Commercial Officer at DRIVE, added;

«In the current environment, adapting to new locations, ways of working there and doing it all in a way which reduces our impact on the planet could become the abiding theme of the new decade. Which vehicles and for what purpose are likely to be key questions. ODO provides answers, enabling both parties to understand the demands of the new world and, therefore, manage it more effectively.»

For more information, please visit www.ododrive.com   

About DRIVE Software Solutions

Drive Software Solutions’ developed technologies are responsible for the management of 1.5 million vehicles in 55 countries around the world. From bespoke software platforms and consultancy for individual corporates to ODO, our cloud delivered solution for fleet management, DRIVE is at the forefront of the automotive mobility sector.

DRIVE gives businesses a bespoke platform to manage their fleet and their drivers on the go at anytime, anywhere, using all devices. 

Time to optimise your fleet. www.ododrive.com     

About Synergy Car Leasing

Synergy Car Leasing was founded in 2006 by Paul Parkinson and is now one of the leading vehicle leasing providers in the UK.  In 2021Synergy achieved the Feefo Platinum Trusted Service Award for the second consecutive year, the highest accolade for best-in class customer service, following six successive years of the Feefo Gold Trusted Service Award. Synergy is the fastest growing leasing broker in its class 2019-2020, awarded by the Leasing Broker Federation, following its achievement of Overall Leasing Broker of the Year 2018-2019.  A member of the British Vehicle Rental and Leasing Association (BVRLA), Synergy is committed to the highest standards of service, fair terms & transparency.  Paul Parkinson serves as Vice-Chancellor on the BVRLA National Leasing Broker Committee to further champion industry standards. Newable Ltd, a London-based financial services, professional advice and workspace provider, acquired a majority shareholding in the business in early 2020, to further Synergy’s growth plans. https://www.synergycarleasing.co.uk/

About Xledger

Xledger has been transforming the finance function of ambitious organisations for over 20 years with their cloud-based finance software. By utilising the powers of insight, automation, and scalability Xledger equips organisations to improve core business processes and decision making, while providing a complete overview of the business financials in real time. By running a leaner more efficient finance department, Xledger empowers organisations to concentrate on what matters most.

In 2020, Xledger UK received numerous prestigious awards, including finalists at the Accounting Excellence awards for ‘Best Mid-market & Enterprise Accounting Software,’ 2nd place in the small companies category for the ‘UK’s Best Workplaces™ in Tech’ and an accreditation as a ‘Great Place to Work-Certified™ Organisation’.

The Bristol-based Xledger UK also have deeps roots in the local community and strong CSR initiatives. In 2020, Xledger solidified a groundbreaking partnership with Bristol Sport by sponsoring the South Stand at Ashton Gate Stadium for a second year, as well as becoming the principal partner of the Bristol Flyers and main sponsor of the Bristol Bears Academy – which includes an internship programme at Xledger. https://xledger.com/uk/about-xledger/

For more information contact Robert Gorby on 07861 234984 / robert@ododrive.com  or Scott Fulton at scott@fulton-associates.com / 07788 144993

Logo – https://mma.prnewswire.com/media/1336877/DRIVE_Software_Solutions_Ltd_Logo.jpg