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Zebra Technologies: just acquired its third software as a service company in two years. What is happening?!

Since the news broke that Zebra intended to acquire antuit.ai, people fly high! We’ve recently hosted a lot of really cool companies in Zebra Nation. But it was no secret that with the addition of antuit.ai to our Software as a Service (SaaS) portfolio, we would have the tools to give you (our customers) the crystal ball. necessary to break the supply cycle. chain breaks. “Don’t empty the shelves anymore! Has been our motto – or at least our mission – for several months. Yours too, we know that.

Well we hope you are ready for it …

antuit.ai is now officiallyZebra party!

What does this mean to you? How will antuit.ai’s incredible (artificial) intelligence and rare (demand) detection capabilities work with your prescriptive analytics, stationary industrial scanners, robots, and other technological systems to help you detect better, analyze and act on what awaits you? Will you really be able to forecast demand with near perfect accuracy? Or say with confidence that the merchandising decisions you make today will drive the product forward tomorrow?

This is something you will find out in the next 20 minutes … assuming you hit play this podcast episode now:

Disclaimer

Zebra Technologies Corporation published this content on 07 October 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 08 October 2021 11:31:07 AM UTC.


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Nebulizer Market Size, Growth and Key Companies – Briggs Medical Service Company, Ca-Mi SRL, Besco Medical, Flyp Nebulizers, DeVilbiss Healthcare International, Omron Corporation

New Jersey, United States, – A new Market Intelligence report published by Verified Market Research®, titled Nebulizer Market The 2021 Research Report provides a comprehensive analysis of the market with a forecast to 2028. Research analysts have produced this report using extensive primary and secondary research along with advanced research methodology. Data sources have been validated and verified by industry experts to gather key insights on the latest market scenarios and industry trends.

In addition, the report also emphasizes factors influencing market growth, future business opportunities, challenges, scope, demand and supply analysis, technological advancement and innovations on the market. Marlet. The report also includes an analysis of financial restraining factors, restraints and obstacles in the market.

The nebulizer market size was valued at USD 926.10 million in 2019 and is expected to reach USD 1,531.77 million by 2027, growing at a CAGR of 6.5% from 2020 to 2027.

Get | Download a sample copy with table of contents, graphics and list of figures @ https://www.verifiedmarketresearch.com/download-sample/?rid=62454

Additionally, the report provides insightful information on key manufacturers and players as well as the industry. It includes data on the latest trade movements, product launches, technological advancements, mergers and acquisitions, partnerships and joint ventures. The report also provides in-depth assessment of production and manufacturing capacity, industry chain analysis, market share, size, revenue, growth rate and market share. The report also includes market assessment and CAGR to provide a comprehensive portrait of the Nebulizer market.

The report covers an in-depth analysis of the major market players in the market, along with their business overview, expansion plans, and strategies. The major players studied in the report include:

Briggs Medical Service Company, Ca-Mi SRL, Besco Medical, Flyp Nebulizers, DeVilbiss Healthcare International, Omron Corporation, Becton, Dickinson and Company, Koninklijke Philips NV, Feellife Health Inc.

Segmentation of the nebulizer market

Nebulizer Market, By Type

• Pneumatic nebulizers
• Ultrasonic nebulizers
• Mesh nebulizers
• Others

Nebulizer Market, By Portability

• Portable nebulizers
• Autonomous nebulizers

Nebulizer Market, By Application

• COPD
• Cystic fibrosis
• Asthma
• Others

Get a discount on purchasing this report @ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=62454

Scope of Nebulizer Market Report

ATTRIBUTE DETAILS
ESTIMATED YEAR 2021
YEAR OF REFERENCE 2020
PLANNED YEAR 2028
HISTORICAL YEAR 2019
UNITY Value (million USD / billion)
COVERED SEGMENTS Types, applications, end users, etc.
COVER OF THE REPORT Revenue forecast, company ranking, competitive landscape, growth factors and trends
BY REGION North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE Free customization of the report (equivalent to 4 working days for analysts) with purchase. Add or change the scope of country, region and segment.

Geographic segment covered in the report:

The Nebulizers report provides information about the market area, which is further subdivided into sub-regions and countries / regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period.

• North America (United States and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
• Latin America (Brazil, Mexico and the rest of Latin America)
• Middle East and Africa (GCC and rest of Middle East and Africa)

Key questions answered in the report:

• What is the growth potential of the nebulizers market?
• Which product segment will take the lion’s share?
• Which regional market will emerge as a pioneer in the years to come?
• Which application segment will experience strong growth?
• What growth opportunities might arise in the nebulizer industry in the years to come?
• What are the most significant challenges that the nebulizer market could face in the future?
• Who are the leading companies in the nebulizer market?
• What are the main trends that positively impact the growth of the market?
• What growth strategies are players considering to stay in the Nebulizers market?

For more information or a query or customization before purchasing, visit @ https://www.verifiedmarketresearch.com/product/nebulizers-market/

Visualize Nebulizer Market Using Verified Market Intelligence: –

Verified Market Intelligence is our BI platform for narrative storytelling for this market. VMI offers in-depth forecasting trends and accurate insights into over 20,000 emerging and niche markets, helping you make critical revenue-impacting decisions for a bright future.

VMI provides a holistic overview and global competitive landscape with regard to region, country and segment as well as the major players in your market. Present your market report and findings with a built-in presentation function, saving over 70% of your time and resources for investor arguments, sales and marketing, R&D and product development. VMI enables data delivery in interactive Excel and PDF formats with over 15+ key market indicators for your market.

Visualize the nebulizer market using VMI @ https://www.verifiedmarketresearch.com/vmintelligence/

About Us: Verified Market Research®

Verified Market Research® is a leading global research and consulting company providing advanced analytical research solutions, personalized advice and in-depth data analysis for over 10 years to individuals and businesses seeking precise research, reliable and up to date. technical data and advice. We provide insight into strategic and growth analytics, the data needed to meet business goals and help make critical revenue decisions.

Our research studies help our clients make better data-driven decisions, understand market forecasts, capitalize on future opportunities, and maximize efficiency by working as a partner to deliver accurate and valuable information. The industries we cover cover a broad spectrum including technology, chemicals, manufacturing, energy, food and beverage, automotive, robotics, packaging, construction, mining and manufacturing. gas. Etc.

At Verified Market Research, we help understand the holistic factors indicating the market and most current and future market trends. Our analysts, with their deep expertise in data collection and governance, use industry techniques to gather and examine data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject matter expertise, and years of collective experience to produce informative and accurate research.

After serving over 5,000 clients, we have provided reliable market research services to over 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We have co-consulted with some of the world’s largest consulting firms such as McKinsey & Company, Boston Consulting Group, Bain and Company for personalized research and consulting projects for businesses around the world.

Contact us:

Mr. Edwyne Fernandes

Verified Market Research®

United States: +1 (650) -781-480
UK: +44 (753) -715-0008
APAC: +61 (488) -85-9400
US Toll Free: +1 (800) -782-1768

E-mail: [email protected]

Website:- https://www.verifiedmarketresearch.com/


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Premier Tree Service Company serving Richmond and surrounding areas

Tree service company offering stump grinding, stump removal, tree pruning, tree felling and more!

Richmond Tree Service Company is Richmond Tree’s premier expert. We offer tree felling, tree pruning, stump grinding and stump removal services. We have served our city for years and always offer the best possible quality of service. We know our customers do our business and we always provide 100% customer satisfaction for all of your tree maintenance needs. We have trained and insured arborists.

We have been serving Richmond Virginia for a few years now and we have a small team who work hard and always do the job right. We know our customers are the number one concern and what we need to focus on. We work directly with our clients to make sure they are satisfied with our work and that we meet their standards.

Our trained arborists are always licensed and insured, we have built and maintained trust with our customers. We are proud of our crew and our tree experts. Our teams are fully informed teams and a team of experts who might be able to help you resolve any tree problem you encounter and diagnose and inspect your trees. Whether it’s pruning, pruning or removing a tree, or any other tree maintenance problem. We hope to provide the best tree service at an affordable price.

Richmond Tree Service Company
804-485-2568

Our location:

Media contact
Company Name: Richmond Tree Service Company
Contact: Raul Valladares
E-mail: Send an email
Telephone: 804-485-2568
Country: United States
Website: http://richmondtreeservicecompany.com/


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New Atlanta PE Company Focuses on Service Business Innovation

Michel arrieta has worked in the tech world in fast growing startups and large scale IT companies. Now, in the private equity business, he thinks small.

He thinks of small family service businesses, that is.

He founded Equity of the garden city, an Atlanta-based private equity firm, to invest in the “very convenient, simple, sexy businesses” that underpin the US economy. “I’ve always thought boredom is beautiful,” he told Hypepotamus. “I just like something that you can actually touch and feel and see. I just wanted the simplicity of simple products with ordinary people, like what you see with home care, dry cleaning, roofing, and pest control companies.

The team behind Garden City sees opportunities for innovation and sustainable growth at the community level in these types of service companies. “We’re really trying to reinvent private equity, reinvent service companies and incubate ideas,” Arrieta added.

He just closed a $ 51,450,000 oversubscribed round to do just that.

A different perspective on private equity

Garden City’s investment thesis is community-centric. Unlike the traditional “buy and return” model seen in private equity, Garden City was built as a holding company with plans to own a business permanently while introducing little to no debt (think Berkshire Hathaway for small and medium enterprises).

Garden City plans to invest in service-oriented businesses that have been around for more than seven years and generate at least $ 2 million in real profit or profit per year. These include essential services and residential businesses that have kept the economy and families safe during COVID.

Introducing little or no debt when buying the business, said Arrieta, will help service businesses “focus on growing, not paying down debt.”

This presents a significant opportunity for Garden City and for business owners as the U.S. economy braces for the “Silver tsunami”Of the retirement of the baby boomers.

“The baby boomers were the most entrepreneurial generation in our country’s history,” added Arrieta. “Right now in America, there are over 250,000 small businesses that generate between $ 1 million and $ 10 million in net income. Many are currently owned and operated by people over retirement age or without a liquidity or inheritance plan. “

The intention behind such businesses is to create a people-centered culture, deliver technology solutions, and connect owners with their advisors and investors to help a service business continue to grow.

Garden City’s investment thesis and hands-on approach has attracted an impressive roster of advisors in the tech, business and philanthropy worlds to date. These include “mission-aligned, value-added investors” in Atlanta like Kyle Porter and Rob Forman of Salesloft and Jeff Muir of Fulcrum Equity Partner.

Other investors include Horst Schulze, founder of Ritz Carlton Company, and Rick Smith, former CEO of Equifax.

Technology and innovation in the service industry space

Pest control or roofing may not seem like the most ripe industries for technological disruption. “If you do not know the problems that exist in [that industry], which engineer, product manager or entrepreneur will create it? Arrieta added.

The team behind Garden City sees an opportunity to implement existing software – or bring in engineers to develop new industry-specific solutions – to help service company employees do their jobs better.

This innovation also extends to the traditional thinking model behind private equity and investing in general.

“We are not an impact investing firm. But are we making an impact? Without a doubt, we are. We sit down with every worker, from the guy pouring his cement to the person answering the phone, and we ask Who are you? What are your goals in life? What do you like working here? And what would you like to be able to change?

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Nebulizer Market Size, Growth and Key Companies – Briggs Medical Service Company, Besco Medical, Ca-Mi SRL, Flyp Nebulizers, DeVilbiss Healthcare International, Omron Corporation, Becton – Today Newspaper

New Jersey, United States, – Verified Market Research presents an updated and most recent study on the Nebulizer Market for 2021-2028. The report provides answers to the growth scenarios and impact of the ongoing COVID-19 crisis on the Nebulizers market. The report includes essential data related to market size, revenue, production and consumption, gross margin, price and factors influencing the market growth. The report places special emphasis on the major driving and restraining factors of the market, along with a comprehensive study of emerging trends and future developments in the market. The report further provides an in-depth study of the micro and macroeconomic aspects that are expected to influence the market demand. The report provides an in-depth study of the market for the forecast period 2021-2028. Comprehensive analysis of market players along with company overview, financial position, and SWOT analysis are included in the report.

The nebulizer market size was valued at USD 926.10 million in 2019 and is expected to reach USD 1,531.77 million by 2027, growing at a CAGR of 6.5% from 2020 to 2027.

Get | Download a sample copy with table of contents, graphics and list of figures @ https://www.verifiedmarketresearch.com/download-sample/?rid=62454

The nebulizer industry market is extremely competitive, with several major players and small-scale industries. The adoption of advanced technologies and the development of production are expected to play a vital role in the growth of the industry. The report also covers their mergers and acquisitions, collaborations, joint ventures, partnerships, product launches and deals entered into in order to acquire substantial market size and global position.

The report covers an in-depth analysis of the major market players in the market, along with their business overview, expansion plans, and strategies. The major players studied in the report include:

Briggs Medical Service Company, Ca-Mi SRL, Besco Medical, Flyp Nebulizers, DeVilbiss Healthcare International, Omron Corporation, Becton, Dickinson and Company, Koninklijke Philips NV, Feellife Health Inc.

Segmentation of the nebulizer market

Nebulizer Market, By Type

• Pneumatic nebulizers
• Ultrasonic nebulizers
• Mesh nebulizers
• Others

Nebulizer Market, By Portability

• Portable nebulizers
• Autonomous nebulizers

Nebulizer Market, By Application

• COPD
• Cystic fibrosis
• Asthma
• Others

The report categorized the Nebulizer industry into segments comprising product type and application. Each segment is evaluated based on growth rate and share. In addition, analysts investigated potential regions that could prove rewarding for nebulizer manufacturers in the years to come. The regional analysis includes reliable predictions on value and volume, thereby helping market players to acquire in-depth information about the overall Nebulizers industry.

Get a discount on purchasing this report @ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=62454

Scope of Nebulizer Market Report

Report attribute Details
Market size available for years 2021 – 2028
Reference year considered 2021
Historical data 2015 – 2020
Forecast period 2021 – 2028
Quantitative units Revenue in millions of USD and CAGR from 2021 to 2028
Covered segments Types, applications, end users, etc.
Cover of the report Revenue forecast, company ranking, competitive landscape, growth factors and trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free customization of the report (equivalent to 8 working days for analysts) with purchase. Add or change the scope of country, region and segment.
Price and purchase options Take advantage of personalized shopping options to meet your exact research needs. Explore purchasing options

Geographic segment covered in the report:

• North America (United States and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
• Latin America (Brazil, Mexico and the rest of Latin America)
• Middle East and Africa (GCC and rest of Middle East and Africa)

For more information or a query or customization before purchasing, visit @ https://www.verifiedmarketresearch.com/product/nebulizers-market/

Visualize Nebulizer Market Using Verified Market Intelligence: –

Verified Market Intelligence is our BI platform for narrative storytelling for this market. VMI offers in-depth forecasting trends and accurate insights into over 20,000 emerging and niche markets, helping you make critical revenue-impacting decisions for a bright future.

VMI provides a holistic overview and global competitive landscape with regard to region, country and segment as well as the major players in your market. Present your market report and findings with a built-in presentation function, saving over 70% of your time and resources for investor arguments, sales and marketing, R&D and product development. VMI enables data delivery in interactive Excel and PDF formats with over 15+ key market indicators for your market.

Visualize the nebulizer market using VMI @ https://www.verifiedmarketresearch.com/vmintelligence/

About Us: Verified Market Research®

Verified Market Research® is a leading global research and consulting company providing advanced analytical research solutions, personalized advice and in-depth data analysis for over 10 years to individuals and businesses seeking precise research, reliable and up to date. technical data and advice. We provide insight into strategic and growth analysis, the data needed to achieve business goals and help make critical revenue decisions.

Our research studies help our clients make better data-driven decisions, understand market forecasts, capitalize on future opportunities, and maximize efficiency by working as a partner to deliver accurate and valuable information. The industries we cover cover a broad spectrum including technology, chemicals, manufacturing, energy, food and beverage, automotive, robotics, packaging, construction, mining and manufacturing. gas. Etc.

At Verified Market Research, we help understand the holistic factors indicating the market and most current and future market trends. Our analysts, with their deep expertise in data collection and governance, use industry techniques to gather and examine data at all stages. They are trained to combine modern data collection techniques, superior research methodology, subject matter expertise, and years of collective experience to produce informative and accurate research.

After serving over 5,000 clients, we have provided reliable market research services to over 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We have co-consulted with some of the world’s largest consulting firms such as McKinsey & Company, Boston Consulting Group, Bain and Company for personalized research and consulting projects for businesses around the world.

Contact us:

Mr. Edwyne Fernandes

Verified Market Research®

United States: +1 (650) -781-480
UK: +44 (753) -715-0008
APAC: +61 (488) -85-9400
US Toll Free: +1 (800) -782-1768

E-mail: [email protected]

Website:- https://www.verifiedmarketresearch.com/


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3 good reasons why this food service company is in your portfolio

Working behind the scenes to provide food and related products to customers across the country, Performance Food Group (NYSE: PFGC) isn’t exactly a household name, but it is quite popular.

The company has just announced a significant acquisition, giving it a new angle of revenue generation while setting up tasty profits in its existing sectors as well. Here are three reasons you might consider buying the stock this fall.

1. Its results live up to its name – mostly

Describing itself as the second largest American food distributor, Performance Food has actually outperformed lately. It released its fiscal fourth quarter and fiscal 2021 results on August 19, beating analysts’ expectations for revenue and adjusted earnings per share (EPS). Quarterly revenue of $ 9.3 billion climbed 61.1% year on year, while adjusted EPS of $ 0.56 marked a major reversal from the $ 0.86 loss of the period of the previous year. Annual revenue jumped 21.2%, while net income and EPS also turned positive after a difficult 2020 fiscal year.

Image source: Getty Images.

While promising, the strong gains are largely due to Performance Foods’ acquisition of Reinhart Foodservice in late 2019 (more on that later). About $ 6 billion of Performance Food’s revenue for fiscal 2021 came from Reinhart. Without this contribution, the company’s turnover decreased slightly for the year.

With the agreement with Reinhart in mind, comparing the latest results with the pre-pandemic reports for fiscal 2019 gives an overview of the company’s strong position going forward. Revenue for fiscal year 2021 is up 54.0% over two years. At Ultimately, the impact of the pandemic on spending is still apparent, as this past year’s net profit is down 75.6% from 2019. But Performance Food’s business is quickly picking up momentum. while the last quarter saw record sales, a 55% increase in volume case and a similar jump in adjusted EBITDA.

2. Its acquisition opens up new horizons

Another important part of Performance Foods’ strategy is expansion to improve its growth. The company has just completed its takeover of Core-Mark Holding Company, a food distributor serving convenience stores. With its expansion into this market, management expects the transaction to be accretive to EPS in the first full year with $ 40 million in cost synergies realized in the third full year after closing. the transaction.

On the latest earnings conference call, CEO George Holm said convenience store sales represent a $ 110 billion addressable market, about half of which is in the food service industry, the company’s specialty area. Holm described how convenience stores “continue to move away from low-margin tobacco products to more foodservice, increasing both sales and long-term profit growth.”

The ability of Performance Foods to make successful acquisitions is also evidenced by its purchase of Reinhart Foodservice. According to the latest earnings report, Reinhart generated $ 2.5 billion in revenue in fiscal 2020 and $ 6.0 billion in fiscal 2021, which is a significant portion of the overall earnings. of the company. Holm noted on the call, “[I]Reinhart’s integration continues to progress at or above expectations, and we expect that momentum will continue into fiscal 2022. ”Core-Mark looks like another smart addition in the same vein.

3. Catering continues to rebound

A very optimistic factor in interpreting Performance Foods results is that, as the foodservice industry recovers, the company is generating solid gains long before the foodservice rebound is over. In the second quarter of 2021, restaurant spending jumped 32% year-over-year, according to a study by The NPD Group. However, there is still a considerable avenue of recovery. NPD analyst David Portalatin told the Dairy Processing industry website: “[T]The restaurant recovery in the United States is underway, but it will take time for it to fully return to pre-pandemic levels. “

Market research firm Datassential also expects continued sales growth. His calculation of the numbers led to a forecast of $ 701 billion in restaurant sales in 2021, up 15.4% from 2020. However, restaurant service sales are expected to continue growing, increasing by 9. 5% to $ 771 billion in 2022 and 6.0% in 2023. This means Performance Foods is expected to continue to benefit from at least two years of growing foodservice demand.

Its convenience store expansion through Core-Mark also looks timely based on recent traffic data. The National Highway Administration reported a 14.5% year-over-year increase in kilometers driven in June, and that metric rose 13% for the first half of 2021. Drivers are returning to US roads provides indirect support for the company’s orientations concerning its new subsidiary.

Overall, the company is exactly where it needs to be to stand out as a winner among food stocks for at least several years, making it a solid choice for long-term investors.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are heterogeneous! Questioning an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.


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Here’s How a Memorial Service Company Handles COVID-19 Deaths

Jan Milo Severo – Philstar.com

September 25, 2021 | 2:02 p.m.

MANILA, Philippines – A memorial service company has explained how it handles deaths from COVID-19 now that the country has nearly 39,000 deaths from COVID-19.

In an interview with Philstar.comAnnette Estacion, general manager of Nacional Chapels & Crematory, said they were following a strict protocol set by the Department of Health.

“There is a strict protocol for COVID deaths outlined by the DOH and we ensure 100% compliance. This includes not contacting exposed family members, wearing PPE [personal protective equipment] for all our staff during the recovery of the deceased and cremation, and for the deceased to go directly to the cremation, opening body bags and viewing the remains is strictly prohibited, ”she said.

“We are also equipped with contactless settlement options for our customers to minimize face-to-face contact with close contacts. For deaths unrelated to COVID, we follow our existing processes supplemented by minimum public health standards, hygiene protocols and contactless payment options. Funeral vigils are also limited to members of the immediate family, ”she added.

Lilith De Leon, general manager of The Chapels at Heritage Park, said the funeral industry was also suffering from the pandemic.

“Like most businesses, the funeral home was hit early in the pandemic, with movement of people and mass gatherings restricted due to quarantine restrictions. However, as the last front line of this pandemic, we continue to give comfort to those who have lost loved ones, whether due to COVID or other causes, ”she said.

“Over the past 18 months, with authorized immediate family awakenings for non-COVID-related deaths and our commitment to providing care and comfort to our clients, we are able to continue to serve Filipino families in their offering a place for their last farewells and to share in their celebration of life during the last days with their departed loved ones. COVID deaths have also increased our number of cremation services over the past 18 months, ”she added.

The funeral service said it is also offering its employees protection against the dreaded virus.

“We provide all PPE to our employees and crew who come into contact with the deceased. These include our drivers, embalmers and crews who pick up the deceased at the hospital or at the residence. In addition to the regular tetanus and hepatitis vaccination, we have also achieved 100% COVID vaccination for all of our employees. We perform testing and contact tracing for employees who are close contacts of positive cases, ”said Lia Enriquez, President and CEO of Rosehills Memorial Management Philippines Inc.

Nacional, one of the pioneering names in the Philippine memorial service industry, has opened the doors to its new, state-of-the-art building on its former location along Araneta Avenue in Quezon City.

Along with the renaming of Nacional Memorial Homes to Nacional Chapels and Crematory, the multi-million peso center sets new industry standards and redefines memorial services with a contemporary aesthetic typically only seen in hotels. and condominiums and rarely, if ever, in memorial homes. .


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Maersk Tankers sells technical management to become a service company

(archive photo)

Posted on Sep 23, 2021 2:23 PM by

The maritime executive

Maersk Tankers has announced the sale of its technical management business to Synergy Marine, a subsidiary of Synergy Group of Singapore. Maersk Tankers, which recently sold ships from its nearly century-old business, said it will now become a service company focused on business management.

Synergy Marine, which currently manages 375 vessels including tankers, bulk carriers and LPG carriers, said the transaction would strengthen the group’s position in technical management. Under the agreement, Synergy Group will take over all technical management activities from Maersk Tankers, including customer and supplier contracts, as well as technical management of 82 vessels, including vessels from Maersk Product Tankers.

“The agreement with Synergy Group marks the next big step in our strategic journey, providing technical and commercial companies with optimal conditions to prosper. Maersk Tankers will become a service company focused on the commercial management market, providing financially and environmentally sustainable solutions to shipowners. said Christian M. Ingerslev, CEO of Maersk Tankers.

The technical management activity maintains the vessels to ensure their safe, efficient and economical operation. It employs nearly 3,300 people, including 140 on land. Synergy Group currently has 14,000 seafarers and over 1,000 shore-based employees. The majority of the employees of the technical management activity of Maersk Tankers will be part of the Synergy group.

“At Synergy, we have always strived to provide high quality services to our shipowner partners. To be considered the good owner of the technical management activity of Maersk Tankers testifies to our convictions and our philosophy of working towards the creation of a platform of high quality and technically adapted services. The well-being of the crew is paramount and we are committed to providing responsible service in a sustainable manner, ”said Captain Rajesh Unni, Founder and CEO of Synergy Group.

Synergy’s strategy is to continue to grow and develop the technical management activity. The company stressed that more ships means access to more data, which Synergy Group says it will use to optimize vessel performance and reduce the environmental impact of shipping.

The resumption of the technical management activity should be finalized in November 2021. After the finalization of the transaction, the two companies will work together on the management of Maersk Product Tankers vessels.


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Italian Enel creates digital network services company

A logo of the Italian energy multinational Enel can be seen at the headquarters in Milan, Italy on February 5, 2020. REUTERS / Flavio Lo Scalzo / File Photo

MILAN, September 23 (Reuters) – Italy’s largest utility, Enel (ENEI.MI), has created a new company to provide digital grid services to electricity distributors around the world to help modernize grids while the energy transition is accelerating.

Gridspertise will manage all activities related to digital meters and smart grid services to help its customers cope with the increasing amounts of electricity produced from intermittent renewable energy sources.

The spin-off will primarily target the European and Latin American markets, where Enel already has extensive activity, but will also seek to expand into North America and Asia-Pacific.

Europe’s largest utility operates electricity distribution networks in eight countries in Latin America and Europe with around 74.8 million end users. Over 40% of its base income came from networks last year.

“The company will help utilities of all sizes and in all geographies deploy integrated smart grid solutions to meet the evolving needs of grid users and end-customers of electricity,” said Robert Denda, CEO of Gridspertise, in a press release.

Governments around the world are looking to improve the digital resilience of their distribution networks as they tackle the climate crisis by using more electricity for energy.

Earlier this year, Enel announced the creation of a company to offer digital network services. Read more

Italian daily Il Sole 24 Ore said on Thursday that Gridspertise is targeting revenue of 1.5 billion euros ($ 1.8 billion) by 2030 and could sell a minority stake in its capital to companies. investors.

($ 1 = 0.8540 euros)

Reporting by Stephen Jewkes and Giulia Segreti Editing by Ramakrishnan M. and Frances Kerry

Our standards: Thomson Reuters Trust Principles.


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Matrix Service Company Releases First Edition of Sustainability

TULSA, Oklahoma, September 22, 2021 (GLOBE NEWSWIRE) – Matrix service company (Nasdaq: MTRX), one of North America’s leading energy and industrial markets subcontractors, today released its first sustainability report, focusing on environmental, social commitments and governance (ESG), strategic objectives and achievements of the company.

Highlights:

  • The company will use SASB reporting standards to guide reporting of key sustainability goals
  • Establishment of a company-wide ESG governance framework, overseen by the company’s board of directors, to foster culture, accountability and continuous improvement
  • Establishes baseline measurements for Scope 1 and 2 greenhouse gas (GHG) emissions
  • Sets the baseline of employee diversity to shape recruiting efforts, succession planning and professional development
  • Reports on other key areas, including safety, health and welfare; Training and development; and community

“The principles of sustainability, along with our strong commitments to safety, ethics and integrity, stewardship, diversity, equity and inclusion, are fundamental to Matrix and rooted in culture and core values ​​of our company, ”said Matrix Service Company President and CEO. Officer, John R. Hewitt. “As such, I am pleased to announce the publication of our first annual sustainability report, a company-wide effort undertaken by our employees and leaders, to showcase our accomplishments, identify areas continuous improvement and prepare the ground for a transparent annual report on all areas of ESG.

The 2021 Sustainability Report, available on the Matrix Service Company Investor Relations website, is a compilation of the company’s ESG performance, including the company’s approach to sustainability, environmental stewardship, corporate governance and our social impact.

Standards and reporting framework

Consistency and transparency are essential for ESG planning and, as such, starting with the 2021 Sustainability Report, Matrix has adopted the reporting standards of the Sustainability Accounting Standards Board (SASB) and has included a SASB benchmark table. which details where the information provided by SASB for the construction and engineering sector can be found in our public reports. Matrix will also begin reporting as part of the Financial Stability Board Working Group on Climate-Related Financial Disclosure (TCFD) Working Group in FY2022.

By following SASB and TCFD, the Company strives to identify, disclose and communicate sustainability information considered materially important to all stakeholders.

The full report is available on the Matrix Service Company Investor Relations website at Investors.matrixservicecompany.com/ESG.

About the Matrix service company

Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is a leading North American industrial engineering and construction contractor headquartered in Tulsa, Oklahoma, with offices located in the United States and Canada, as well as Sydney, Australia and Seoul, South Korea.

The Company reports financial results in three key operating segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions.

By focusing on sustainability, putting in place strong environmental, social and governance (ESG) practices and living our core values, Matrix is ​​ranked among the top 100 entrepreneurs by Engineering-News Record, has been recognized for the diversification of its board by 2020 Women on Boards, is an active signatory of CEO Action for Diversity and Inclusion, and is regularly recognized as a Great Place to Work®. To learn more about Matrix Service Company, visit matrixservicecompany.com.

This press release contains forward-looking statements based on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are usually accompanied by words such as “anticipate”, “continue”, “expect”, “Forecast”, “outlook”, “believe”, “estimate”, “should” and “will” and words of similar effect which convey future meaning, concerning the operations of the Company, economic performance and best judgment management as to what may happen in the future. Future events involve risks and uncertainties which may cause actual results to differ materially from those we currently anticipate. Actual results for current and future periods and other business developments will depend on a number of economic, competitive and other influences, including the successful implementation of the Company’s business improvement plan. and the factors discussed in “Risk Factors” and “Statements” and elsewhere in the Company’s reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the control of the Company, and each of them, or a combination of them, could have a material adverse effect on the Company’s results of operations and financial condition. . We assume no obligation to update the information contained in this press release, except as required by law.

For more information please contact:

Kevin S. Cavanah
Vice President and Chief Financial Officer
Phone. : 918-838-8822
Email: [email protected]

Kellie smythe
Senior Director, Investor Relations
T: 918-359-8267
Email: [email protected]


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