Yearly Archives: 2024
Ilmor Marine Announces Multi-Million Dollar Investment in New State-of-the-Art Facility in Lyon Township, Michigan
Paul Ray and Mike Lindberg of Ilmor Marine along with representatives from Penske Corporation, D'Agostini Companies, and Signature Associates in front of the new Ilmor Marine Technology and Manufacturing Center.
LYON TOWNSHIP, Mich., June 27, 2024 (Newswire.com) - Ilmor Marine, a leader in advanced marine propulsion systems, announces a multi-million-dollar investment in a new state-of-the-art technology and manufacturing facility in Lyon Township, Michigan. This significant development underscores Ilmor's commitment to innovation and excellence in marine propulsion and system technology.
The new facility, slated to open in the first quarter of 2025, will house all Ilmor Marine operations, including high-tech manufacturing, engineering, and customer support personnel. This investment represents a major milestone for Ilmor Marine, positioning the company at the forefront of industry advancements and enabling the development of cutting-edge marine propulsion systems.
"Our new manufacturing and technology center is continued evidence of Ilmor's investment in the future of advanced marine propulsion. Since the inception of our marine business, Ilmor has always been dedicated to driving technical advancements and providing our customers with the highest quality marine propulsion systems," said Paul Ray, President at Ilmor. "By centralizing all our operations in Michigan, we will strengthen our manufacturing capabilities, increase and improve our engineering capabilities and help to deliver continuously improving customer support."
The new Lyon Township facility will feature advanced manufacturing technologies and engineering resources, designed to support the development of next-generation marine propulsion systems. Over the next few years, Ilmor Marine operations in Lyon Township are expected to grow, contributing to the local economy and creating high-quality jobs in the region.
"We are excited about the opportunities this new facility will bring," added Mike Lindberg, Vice President at Ilmor Marine. "As we continue to expand our operations, we remain committed to pushing the boundaries of marine technology and setting new standards for the industry."
Ilmor Marine's investment in this new facility reflects the company's strategic vision for growth and innovation, ensuring its leadership position in the marine propulsion industry. The state-of-the-art facility will not only enhance Ilmor's production capabilities but also provide a collaborative environment for engineering and customer support teams to thrive.
About Ilmor:
Ilmor is a globally recognized provider of elite-level racing engines and marine propulsion systems. Ilmor delivers innovative solutions, precision design and manufacturing, and the highest levels of customer support for each one of its products. Today, Ilmor employs more than 130 engineering, assembly, and support personnel and has expanded into several other racing circuits, including NASCAR, ARCA, and other elite racing series worldwide. Ilmor marine propulsion systems are widely utilized across the marine industry, providing the power behind several leading brands. Ilmor customers count on their engines to look like no other, sound like no other, and outperform all others.
Contact Information:Nicholas Matthews
Ilmor Creative Marketing Specialist
matthewsn@ilmor.com
Original Source: Ilmor Marine Announces Multi-Million Dollar Investment in New State-of-the-Art Facility in Lyon Township, Michigan
Peak Protein Wraps Up Successful Debut at Summer Fancy Foods Show, Celebrates Sofi Gold Award Win
MANHATTAN, N.Y., June 27, 2024 (Newswire.com) - Peak Protein, a pioneer in natural, high-quality protein bars, proudly announces the successful conclusion of its first Summer Fancy Foods Show. The event, held at the Javits Center in New York City, marked a significant milestone for the company as it showcased its award-winning products to a diverse audience of key retailers, food enthusiasts, and industry professionals.
During the show, Peak Protein was honored with the prestigious sofi™ Gold Award in the Wellness Bars & Gels category for its Chocolate Peanut Butter Crunch Protein Bar. This accolade, presented by the Specialty Food Association, recognizes excellence and innovation in the specialty food industry.
"We are thrilled and humbled to receive the sofi™ Gold Award," said Tom Chinery, Founder of Peak Protein. "This recognition validates our commitment to creating delicious, nutritious, and high-quality protein bars. The positive feedback we received from attendees at the Summer Fancy Foods Show was overwhelming and reinforces our mission to revolutionize the protein bar market with cleaner, wholesome ingredients."
Throughout the event, Peak Protein engaged with hundreds of key retailers and food enthusiasts, fostering valuable connections and receiving enthusiastic responses to their products. The company’s booth was a hub of activity, attracting attention from both national and international buyers eager to learn more about the brand.
In addition to the award and product showcase, Peak Protein's presence at the show garnered significant media attention. The company was featured in multiple press outlets, including an interview with Fox Business, where Tom Chinery discussed the brand’s journey, its dedication to quality, and future plans for expansion.
"We are incredibly excited about the opportunities that lie ahead," Chinery added. "The interest and support we received at the Summer Fancy Foods Show have set the stage for significant growth. We look forward to bringing Peak Protein Bars to more customers nationwide and continuing to lead the way in healthy, nutritious snacking."
For more information about Peak Protein and its products, visit PeakProtein.com.
Contact Information:Tom Chinery
Peak Protein Founder
tom@peakprotein.com
8482787325
Jennifer Cohan
SFA Press
press@specialtyfood.com
(646) 878-0306
Original Source: Peak Protein Wraps Up Successful Debut at Summer Fancy Foods Show, Celebrates Sofi Gold Award Win
New National Survey Reveals Teens Are Not Financially Ready for Future
National Survey Reveals Teens Are Not Financially Prepared for Future
A new survey by Wired Research and Jazmarc Services reveals that parents do not believe their teens understand personal finances, are smart with their money, or will make smart financial decisions in the future.
NEW YORK, June 27, 2024 (Newswire.com) - Teens are ready to start enjoying their summer vacation, and that means that most parents will be footing the bill for their kids’ fun-filled activities. But before they reach for their wallets, parents might want to consider taking this opportunity to teach their teens about financial management. According to a new national survey[1], when it comes to understanding finances, teens need all the help they can get.
Data from the study conducted by global research company Wired Research and commissioned by Jazmarc Services, which reached more than 1,000 U.S. parents of teens ages 14-18, highlights that teens are anything but financially prepared to navigate their future. In fact, if they had to rate their teens’ financial preparedness, only 18% of parents think their teens are extremely prepared.
The new survey results are part of the inaugural 2024 Teen Financial Readiness Report, a deep dive into how financially prepared today’s teens really are. Key takeaways include:
- Parents believe their child’s financial know-how should start at home:
- 98% feel responsible for teaching their teens about managing their finances
- 97% think one of the greatest gifts they can give their teens is the tools to make smart financial decisions
- Parents doubt their teens; financial preparedness:
- 7 in 10 (70%) aren’t extremely confident their teens understand personal finances
- 2 in 3 (63%) aren’t completely convinced that as their teens get older they’ll make smart financial decisions
- Financial conversations aren’t a focal point: A majority of parents have not had a conversation about:
- Selecting insurance to protect their financial future (83%)
- Investing money (67%)
- Financially planning for unexpected life events (62%)
According to Danielle Sherman, founder and CEO of Wired Research, “This research comes at a time when states across the country are making personal finance coursework a critical part of high-school graduation requirements and our research validates why this is so important.”
Joshua Marcus, founder of Jazmarc Services, agrees. He says, “The research highlights just how financially underprepared teens are to enter adulthood. The data clearly underscores that there is still so much parents want to teach their teens so they will be ready to face whatever financial challenges come their way.”
For more information about the research and to get a copy of the 2024 Teen Financial Readiness Report, visit Jazmarc Services at www.jazmarcllc.com where you can create an account and download it. Alternatively, reach out to Wired Research at info@wiredresearch.com.
[1] An online survey conducted by Wired Research in April 2024 among 1,024 U.S. parents of teens
Contact Information:Danielle Sherman
Founder & CEO
danielle.sherman@wiredresearch.com
718.490.6012
Original Source: New National Survey Reveals Teens Are Not Financially Ready for Future