Oct, 04
2023
Business, Free News Articles, Reports and Studies

High Rates and Low Supply Drag Down Mortgage Volume in MCT October Indices Report

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a significant dip of 13.29% in mortgage lock volume over the prior month.

Following the last month-over-month 4.76% drop, this downward trend in mortgage lock volume is attributed to an increase in mortgage rates throughout the last month to high sixes and low sevens as the primary culprit, and lack of supply and unattractive housing values being secondary reasons. "We are hopeful that we will get some better sentiment from the Fed in either its November or December meeting which would allow for some relief for rates," said Andrew Rhodes, Senior Director, Head of Trading at MCT, "But without that, high-interest rates will continue to be the prevailing force weighing on the market."

Eyes in the coming winter months will be on any shift in CPI and non-farm payroll, two indicators the Fed will look to as it makes its decisions for the rest of the winter and into Q1. "As long as those numbers continue to stay strong or in line with the consensus, I believe the rates are going to stay where they are. If we see a strong shift in either direction for CPI or non-farm payroll, that could mean we will either see an increase in rates or we will get more verbiage on pausing and it being close to terminal." states Mr. Rhodes.

Download the full MCT October Indices Report for further information, including year-over-year charts and data. MCT's Lock Volume Indices present a snapshot of rate lock volume activity in the residential mortgage industry broken out by lock type (purchase, rate/term refinance, and cash out refinance) across a broad diversity of lenders (e.g., sizes, products/services offered, business models) from MCT's national footprint.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship. MCT's technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged - offering clients the tools to thrive under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

RELATED LINKS:

https://mct-trading.com/press-release/mortgage-lock-volume-dips-rising-rates-mct-indices/

https://mct-trading.com/press-release/high-rates-low-supply-drag-down-mortgage-volume-in-mct-october-indices-report/

Related link: https://mct-trading.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Oct, 03
2023
Business, Education and Schools, Free News Articles, NonProfit and Charities, Reports and Studies, Sciences

Gains and Challenges Seen in New Study of U.S. Postdoc Programs

ROCKVILLE, Md. -- A new report released today from the National Postdoctoral Association (NPA) published in partnership with Sigma Xi, The Scientific Research Honor Society, highlights both progress over the last decade in institutional support for postdoctoral fellows ("postdocs") as well as significant areas requiring attention. The report, Pressing Forward in Supporting Postdocs: 2023 National Postdoctoral Association Institutional Policy Report, makes specific recommendations to institutions hosting the nation's 72,000 postdocs.

"The NPA Institutional Policy Report is invaluable in showing how far we have come in supporting postdoctoral scholars, in helping us dig deeper into the issues that impact scholars and our offices, and in advocating for greater support for the scholars that are working hard to change the world," commented Sofie R. Kleppner, Ph.D., associate vice provost and associate dean, Stanford University.

The new release provides four critical recommendations for improving the postdoctoral environment: pay postdocs a competitive wage with comprehensive benefits; provide proper institutional support for postdoc offices and associations; collect data on postdoc demographics and outcomes; and provide a postdoc handbook transparently outlining institutional policies.

"This report provides clear direction for any institution with a postdoc program," commented Thomas P. Kimbis, J.D., executive director and chief executive officer of the NPA. "The data tell a tale of hard work and major successes in some areas- and the need to redouble efforts in others."

With data collected from more than 100 institutions, the NPA looked at key factors of postdoctoral programs, including policies, benefits, and training programs. With longitudinal data covering a span of nine years, originating with the first such report in 2014, this report provides a unique data set identifying specific areas of strength and weakness aggregated across U.S. postdoctoral policies and practices.

For the first time, the survey also collected information on diversity, equity, and inclusion (DEI) efforts at institutions, with support from the Burroughs Wellcome Fund. In regard to the total number of postdocs in the U.S., the data did not show any indication of a decrease over the last three years, although there has been a decline when looking across the last decade.

"This data gives us critical insight into key areas of need when it comes to institutional support and fair pay for postdoctoral scholars," said Jamie Vernon, Sigma Xi executive director and chief executive officer. "The inclusion of DEI information in this year's report represents a key area of importance for both Sigma Xi and the NPA and can produce a valuable barometer for institutions."

The report is tied to the NPA Recommendations for Postdoc Policies and Practices, which provides comprehensive guidelines for institutions hosting postdocs. A new version of the recommendations is scheduled to be released in 2024, providing additional direction to institutions seeking to improve their postdoctoral environments.

Pressing Forward in Supporting Postdocs is being released in conjunction with the September/October issue of Sigma Xi's publication, American Scientist, and is also available online at the Sigma Xi and NPA websites. The report is the fourth in a series of triennial reports on this topic. Past reports and aggregate survey data are available to NPA members online.

More information: https://www.nationalpostdoc.org/page/policy_report_databa

About National Postdoctoral Association:

The National Postdoctoral Association (NPA) is a nonprofit, 501(c)(3) educational association headquartered in Rockville, MD. Founded in 2003, the NPA envisions an inclusive community where all postdocs are empowered, valued, recognized, and supported in their current and future endeavors. The NPA serves the entire postdoctoral community, including its 20,000 individual and 230 organizational members.

Learn more: https://www.nationalpostdoc.org/page/Join

Related link: https://www.nationalpostdoc.org/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Sep, 21
2023
Business, Free News Articles, Reports and Studies

ACES Q1 2023 Mortgage QC Trends Report Finds Critical Defect Rate Declines for Second Consecutive Quarter

DENVER, Colo. -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the first quarter (Q1) of 2023. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.

Notable findings from the Q1 2023 report include the following:

* The overall critical defect rate declined by 3.26%, ending at 1.78% and marking the second straight quarter of decline.

* In the major underwriting categories, Assets and Income/Employment improved, while Credit and Liabilities deteriorated.

* Despite its improvement this quarter, Income/Employment remained the leading defect category, followed by Assets and Legal/Regulatory/Compliance.

* The sub-category analysis showed increases in eligibility-related defects for both the Assets and Credit categories, whereas this seems to have been the primary driver of improvements in the Income/Employment category. However, analysis- and documentation-related errors both increased this quarter, with documentation remaining the largest sub-category of defects for both the Income/Employment and Asset categories.

* Appraisal defects increased, albeit nominally, for the second straight quarter.

* Purchase and refinance shares held steady in Q1, achieving defect parity for the second consecutive quarter.

* FHA defect share declined after two consecutive quarters of increase. While USDA defects continued to improve, VA defects increased significantly in Q1, and conventional defects also grew slightly.

"While the drop in origination volume has challenged the industry, it has also enabled underwriting and QC teams to be more diligent with each loan file, resulting in higher loan quality. The continued decline in the overall critical defect rate on the heels of last year's historic high indicates lenders have not let the desire for volume override the need to reduce errors and mitigate risk," said ACES Executive Vice President Nick Volpe. "With the recent changes to Fannie Mae's pre-funding QC reviews and post-closing QC cycle times, time will tell in the following quarters how diligent lenders have been in maintaining loan quality and investor requirements."

Findings for the Q1 2023 ACES Mortgage QC Industry Trends Report are based on post-closing quality control data derived from the ACES Quality Management and Control® benchmarking system and incorporate data from prior quarters and/or calendar years, where applicable. All reviews and defect data evaluated for the report were based on loan audits selected by lenders for full file reviews.

"The tough decision lenders were faced with at the beginning of the year appear to be paying off. Lenders reported a pre-tax, per-loan net loss of $1,972 in Q1. This result is an improvement over Q4 2022's record $2,812 per-loan loss and reverses the trend of production losses that began in Q4 2020," said ACES CEO Trevor Gauthier. "We expect this data to continue to improve in the coming quarters. Making strategic investments in tech and optimizing operations - especially in QC - can have a significant impact on protecting existing revenue amidst challenging market conditions."

The Mortgage QC Industry Trends Reports are available for download, free of charge, at https://www.acesquality.com/resources/reports.

About ACES Quality Management:

ACES Quality Management is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control® Software to improve audit throughput and quality while controlling costs, including:

* 60% of the top 50 independent mortgage lenders;

* 8 of the top 10 loan servicers;

* 11 of the top 30 banks; and

* 3 of the top 5 credit unions in the United States.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology®, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit www.acesquality.com or call 1-800-858-1598.

Related link: https://www.acesquality.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Sep, 20
2023
Business, Free News Articles, Government, Reports and Studies

Concordia Releases 2023 Amazonas Summit Solutions Report and Announces Guyana as Location for 2024

NEW YORK, N.Y. -- Today, at its 2023 Annual Summit alongside the UN General Assembly in New York City, Concordia released its 2023 Amazonas Summit Solutions Report and announced Guyana as the location for next year's gathering.

The 2023 Concordia Amazonas Summit took place in Ecuador in July and brought together a group of leaders and decision makers in the Amazon rainforest with the goal of establishing market-driven, nature-based solutions to protecting the most important haven of biodiversity in the world.

The 2023 Amazonas Summit Solutions Report, available here ( https://uploads.concordia.net/2023/09/13154649/2023-Concordia-Amazonas-Summit-Report.pdf ), details key summary and action points related to three core themes: environmental sustainability, health opportunities & challenges, and cultural diplomacy & youth advocacy.

At today's 2023 Concordia Annual Summit, Concordia Leadership Council Member Iván Duque, Former President of the Republic of Colombia, said: "The Concordia Amazon Solutions Report is a mechanism to identify market-driven nature-based solutions, in which we are able to enhance the accessibility of Amazonic products in developed countries, reduce or eliminate deforestation, and identify market mechanisms to provide seed capital and angel investments to local entrepreneurs and indigenous entrepreneurs." He continued: "This report gathers the ideas of the brightest minds on environmental matters in the Western Hemisphere and it will become the reference model for the actions that we're going to embrace in the following months."

Concordia's Co-Founder, Matthew Swift, said: "The inaugural Concordia Amazonas Summit explored ways in which we can protect the biodiversity of the region, encourage indigenous entrepreneurism, mobilize climate finance, create a credible and replicable carbon market, and forge partnerships around innovative and scalable ideas to protect and renew the irreplaceable ecosystem. Today's release of this report represents a crucial step forward in our next steps and follow up, and we look forward to continuing these efforts ahead of gathering in Guyana next year."

Watch Concordia's just-released documentary here - https://www.youtube.com/watch?v=Xw93PnKIxto

About Concordia:

Concordia, a registered 501(c)(3) nonprofit, nonpartisan organization, is the leading public-private sector convener, establishing and elevating market-led solutions to global challenges. Concordia was founded in 2011 by Matthew A. Swift and Nicholas M. Logothetis.

Learn more: https://www.concordia.net/

https://www.concordia.net/annualsummit/2023-annual-summit/

Related link: https://www.concordia.net/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Sep, 12
2023
Business, Free News Articles, Manufacturing, Reports and Studies

Summer 2023 Ends with an Increase with 151 New Industrial Manufacturing Planned Projects for August 2023

JACKSONVILLE BEACH, Fla. -- SalesLeads announced today the August 2023 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 151 new projects in August as compared to 140 in July, an increase in the Industrial Manufacturing sector.

The following are selected highlights on new Industrial Manufacturing industry construction news.

Industrial Manufacturing - By Project Type

Manufacturing/Production Facilities - 135 New Projects

Distribution and Industrial Warehouse - 74 New Projects

INDUSTRIAL MANUFACTURING - BY PROJECT SCOPE/ACTIVITY

New Construction - 57 New Projects

Expansion - 34 New Projects

Renovations/Equipment Upgrades - 53 New Projects

Plant Closings - 20 New Projects

INDUSTRIAL MANUFACTURING - BY PROJECT LOCATION (TOP 10 STATES)

Michigan - 10

New York - 10

Indiana - 8

North Carolina - 8

Ohio - 8

Arizona - 7

Tennessee - 7

Florida - 6

Georgia - 6

Texas - 6

LARGEST PLANNED PROJECT

During the month of August, our research team identified 20 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.

The largest project is owned by Gotion, Inc., who is planning to invest $2 billion for the construction of an EV battery manufacturing facility in MANTENO, IL. They are currently seeking approval for the project.

TOP 10 TRACKED INDUSTRIAL MANUFACTURING PROJECTS

LOUISIANA:

Solar panel mfr. is planning to invest $1 billion for the construction of a manufacturing and warehouse facility at Acadiana Regional Airport in NEW IBERIA, LA. They have recently received approval for the project. Completion is slated for Spring 2026.

MANITOBA:

Biotechnology company is planning to invest $1 billion for the construction of a processing facility in MANITOBA. They are currently seeking approval for the project.

NEW MEXICO:

Solar panel mfr. is planning to invest $1 billion for the construction of a 2-million sf manufacturing, warehouse. and office complex in ALBUQUERQUE, NM. Construction is expected to start in early 2024.

FLORIDA:

Defense contractor is planning to invest $294 million for a 198,000‬ sf expansion and equipment upgrades on their manufacturing facility at 2400 Palm Bay Rd. NE in PALM BAY, FL. They are currently seeking approval for the project.

PENNSYLVANIA:

Biotechnology company is planning to invest $260 million for the construction of an 80,000 sf processing, laboratory, and office campus in PHILADELPHIA, PA. The project includes the construction of a 150,000 sf co-working biotechnology and office facility at the site. They are currently seeking approval for the project.

MISSISSIPPI:

Wood pellet mfr. is planning to invest $250 million for the construction of a manufacturing facility in BOND, MS. They have recently received approval for the project. Completion is slated for Fall 2025.

TENNESSEE:

Automotive component mfr. is planning to invest $170 million for the renovation and equipment upgrades on a manufacturing facility in LOUDON, TN. They are currently seeking approval for the project.

MICHIGAN:

Automotive parts mfr. is planning to invest $170 million for the renovation and equipment upgrades on a recently pre-leased 200,000 sf manufacturing facility in GRAND BLANC, MI. The project includes establishing a 50,000 sf testing and research facility and they are currently seeking a site in the FLINT, MI area.

MINNESOTA:

Medical device mfr. is planning to invest $170 million for the construction of a 400,000 sf laboratory, processing, training, and office campus on 73rd Place in MAPLE GROVE, MN. They are currently seeking approval for the project. The site will allow for a future 150,000 sf expansion.

KENTUCKY:

Automotive parts mfr. is planning to invest $131 million for a 320,000 sf expansion and equipment upgrades on their manufacturing facility in BARDSTOWN, KY. They have recently received approval for the project. Completion is slated for early Fall 2024.

About IMI SalesLeads, Inc.

Since 1959, IMI SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team. Visit us at salesleadsinc.com.

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

* Industrial Manufacturing

* Plastics

* Food and Beverage

* Metals

* Power Generation

* Pulp Paper and Wood

* Oil and Gas

* Mining and Aggregates

* Chemical

* Research and Development

* Distribution and Supply Chain

* Pipelines

* Pharmaceutical

* Misc. Industrial Buildings

* Waste Water Treatment

* Data Centers

Related link: https://www.salesleadsinc.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Sep, 05
2023
Business, Free News Articles, Reports and Studies

Mortgage Lock Volume Dips Slightly in Response to Rising Rates in September MCT Indices Report

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT(R)), a leading mortgage hedge advisory and secondary marketing software firm, reported today a slight 4.76% decline in mortgage lock volume over the prior month.

Download the complete report: https://mct-trading.com/press-release/mortgage-lock-volume-dips-rising-rates-mct-indices/

The slight dip in mortgage lock volume is likely attributed to an increase in mortgage rates through the last month.

"The summer buying season may have provided a nice backstop to prevent lock volume from dropping further this month," said Andrew Rhodes, Senior Director, Head of Trading at MCT. "If we continue into this restrictive territory through the winter buying season, we could see additional contraction through the rest of 2023."

The Fed's July decision to raise the Federal Funds Rate has contributed to a one-year high for mortgage rates. Friday's Nonfarm payroll report also came in slightly higher than expected, while other indicators, like the unemployment rate, unexpectedly ticked up from 3.5% to 3.8%. This mixed bag of indicators may give the Fed enough ammo for additional rate hikes in 2023.

As we move into the mortgage industry's natural winter slowdown, eyes will be on the Fed for communication that we've reached the terminal Federal Funds Rate.

"Any indication from the Fed that we've reached the terminal rate will trigger a reprieve in rates," said Mr. Rhodes. "In turn, market participants will begin to step back in and provide stability."

MCT's Lock Volume Indices present a snapshot of rate lock volume activity in the residential mortgage industry broken out by lock type (purchase, rate/term refinance, and cash out refinance) across a broad diversity of lenders (e.g., sizes, products/services offered, business models) from MCT's national footprint.

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship.

MCT's technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged - offering clients the tools to thrive under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

Related link: https://mct-trading.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Aug, 29
2023
Advertising and Marketing, Business, Free News Articles, Reports and Studies

Direct Mail Benchmark Report reveals 89% of marketers have increased or maintained direct mail investments in the last year

MINNEAPOLIS, Minn. -- New industry research commissioned by SeQuel Response and conducted by ISG Research shows 89% of marketers have increased or maintained direct mail investments in the last year, up 3% from 2022 data.

The 2023 Direct Mail Marketing Benchmark Report provides an analysis of the current direct mail marketing landscape and its effectiveness, showcasing data collected from both B2B and B2C marketing leaders and consumers. The full report is available at https://www.sequeldm.com/directmailreport.

In challenging environments, marketers are expected to demonstrate increased faith in the marketing channels that reliably deliver measurable response rates and conversions. Looking at direct mail specifically, strong channel performance continues to justify consistent spend year over year. Additional findings from the report indicate marketers aren't the only ones who trust direct mail to reach their audience. Consumers of all ages are embracing the offline channel to engage with new brands and services.

* Despite a digital world, direct mail remains both relevant and impactful: 70% of marketers report that direct mail performance has improved, up 5% from 2022.

* Marketers are increasingly weaving direct mail into their omnichannel strategies: 91% of respondents report that integration positively impacts campaign performance.

* Direct mail fights digital ad fatigue: 69% of consumers engage with mail each week.

* Audience targeting and data access limitations are top on the list of challenges for mailers: 50% of marketers are concerned about reaching their audiences due to increased data security regulations.

About SeQuel Response:

SeQuel Response has quickly become the go-to direct response advertising agency for growth-oriented consumer brands looking to launch and rapidly scale their direct mail and digital marketing campaigns. SeQuel's commitment to investing in clients' success and shaping the future of direct response marketing continues to deliver exceptional results and position the agency as an industry leader. SeQuel is ranked as a top marketing agency in Minneapolis, Minnesota and has been named to the Inc. 5000 list of fastest growing private companies in the U.S.

Learn more at: https://www.sequeldm.com/.

Related link: https://www.sequeldm.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Aug, 15
2023
Business, Free News Articles, Manufacturing, Reports and Studies

140 New Industrial Manufacturing Planned Projects for July Remain Steady for Second Month

JACKSONVILLE BEACH, Fla. -- SalesLeads announced today the July 2023 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 140 new projects in July as compared to 141 in June, unchanged for the Industrial Sector.

The following are selected highlights on new Industrial Manufacturing industry construction news.

* Industrial Manufacturing - By Project Type

Manufacturing/Production Facilities - 129 New Projects

Distribution and Industrial Warehouse - 82 New Projects

* Industrial Manufacturing - By Project Scope/Activity

New Construction - 44 New Projects

Expansion - 48 New Projects

Renovations/Equipment Upgrades - 57 New Projects

Plant Closings - 13 New Projects

* Industrial Manufacturing - By Project Location (Top 10 States)

California - 10
New York - 9
Texas - 9
Indiana - 8
Ohio - 8
Michigan - 7
Georgia - 6
Minnesota - 6
Tennessee - 6
South Carolina - 5

* Largest Planned Project
During the month of July, our research team identified 16 new Industrial Manufacturing facility construction projects with an estimated value of $100 million or more.
The largest project is owned by Formosa Plastics Corporation, who is planning to invest $12 billion for the construction of a processing facility in ST. JAMES, LA. They are currently seeking approval for the project. Construction is expected to start in Summer 2024.

* Top 10 Tracked Industrial Manufacturing Projects

CALIFORNIA:

Semiconductor mfr. is planning to invest $2 billion for the expansion, renovation, and equipment upgrades on their manufacturing facility at 7501 Foothills Blvd. in ROSEVILLE, CA. They are currently seeking approval for the project. Completion is slated for 2026.

TENNESSEE:

Automotive component mfr. is planning to invest $790 million for the construction of two manufacturing and warehouse facilities totaling 940,000 sf in STANTON, TN. The project includes the construction of a 400,000 sf manufacturing facility in LAWRENCEBURG, TN. Completion is slated for 2025.

TEXAS:

Tissue paper mfr. is planning to invest $400 million for the construction of a manufacturing and warehouse facility on Gene Campbell Rd. in NEW CANEY, TX. They are currently seeking approval for the project. They will relocate their operations upon completion.

INDIANA:

Plumbing equipment mfr. is expanding and planning to invest $300 million for the construction of a 300,000 sf manufacturing facility adjacent to their existing plant in WABASH, IN. Construction is expected to start in early Fall 2023.

ARIZONA:

Semiconductor equipment mfr. is planning to invest $270 million for the construction of a laboratory and manufacturing facility on the Arizona State University campus in TEMPE, AZ. They are currently seeking approval for the project.

FLORIDA:

Building materials mfr. is planning to invest $235 million for the expansion and equipment upgrades on their manufacturing facility in PALATKA, FL. They are currently seeking approval for the project.

GEORGIA:

Automobile mfr. is planning to invest $200 million for the renovation and equipment upgrades on their manufacturing facility in WEST POINT, GA. Completion is slated for Spring 2024.

OHIO:

Tissue paper mfr. is planning to invest $185 million for a 500,000 sf expansion of their manufacturing facility in CIRCLEVILLE, OH. They are currently seeking approval for the project. Completion is slated for 2025.

SOUTH DAKOTA:

Industrial supplies mfr. is planning to invest $158 million for a 200,000 sf expansion of their manufacturing and warehouse facility in BROOKINGS, SD. They are currently seeking approval for the project.

KENTUCKY:

Automotive components mfr. is planning to invest $153 million for a 752,000 sf expansion and equipment upgrades on their manufacturing facility in BEREA, KY. They are currently seeking approval for the project.

About IMI SalesLeads, Inc.

Since 1959, IMI SalesLeads, based in Jacksonville, FL is a leader in delivering industrial capital project intelligence and prospecting services for sales and marketing teams to ensure a predictable and scalable pipeline. Our Industrial Market Intelligence, IMI identifies timely insights on companies planning significant capital investments such as new construction, expansion, relocation, equipment modernization and plant closings in industrial facilities. The Outsourced Prospecting Services, an extension to your sales team, is designed to drive growth with qualified meetings and appointments for your internal sales team.

Visit us at https://www.salesleadsinc.com/

Each month, our team provides hundreds of industrial reports within a variety of industries, including:

* Industrial Manufacturing

* Plastics

* Food and Beverage

* Metals

* Power Generation

* Pulp Paper and Wood

* Oil and Gas

* Mining and Aggregates

* Chemical

* Research and Development

* Distribution and Supply Chain

* Pipelines

* Pharmaceutical

* Misc. Industrial Buildings

* Waste Water Treatment

* Data Centers

Learn more: https://www.salesleadsinc.com/industry/industrial-manufacturing/

Related link: https://www.salesleadsinc.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Aug, 14
2023
Business, Free News Articles, Reports and Studies

Kiosk Industry News for August 2023

WESTMINSTER, Colo. -- Kiosk Industry and Kiosk Manufacturer Association (KMA): Our features - We have running wrap on upcoming tradeshows such as IAAPA Orlando, DSE in Vegas and NRF. NRF is doing a new Food Service Innovation Zone this year and we are a sponsor. At IAAPA we will have two premium outdoor ticketing kiosks featuring wristband dispensing. Kiosk terminal costs are falling. Now we have mainstream Linux hardware and software from KioWare and Elo. This month a couple of articles on evolution of avatars and conversational AI.

ADA -- September is ADA Committee call. In advance, we are finishing up a consensus resource article on ADA and the disabled/impaired population (worldwide). You are welcome to send me comments. Worth noting the NPRM by DOJ on websites and mobile apps.

People -- Well, it appears that the venerable globetrotter Ed Crowley has settled into a new position with AAG Consulting led by Stuart Armstrong (new sponsor). Congrats to AAG and Ed.

Profiled this month:

Update on Panasonic drive-thru solutions. If you need superior technology for your restaurant, look at Panasonic. A reminder from UCP Inc. that the Ingenico iUC285 is being retired in 2024. That unit has been the standard unit for all kiosks. Ingenico is a two-year Gold sponsor for KMA.

News 8/14/2023:

* Tradeshow Update for Self-Service

* IAAPA Kiosk Update

* Linux Kiosk Mode - Lockdown Browser from KioWare

* Airport Digital Signage - How To Maximize

* DOJ NPRM on Web and Mobile Accessibility

* Disabled and Impaired Population Numbers - ADA

* Kiosk Industry Top Tags and Categories

* ADA - Web Accessibility & Mobile Accessibility

* The Dangers of OTS Computers (& Why a true kiosk is better)

* Digital Signage Show Keynote Speakers Announced

* Linux Kiosk - I-Series Slate Linux Debian 10

* AI & Restaurant Avatar Update

* Kiosk Payment - Ingenico Self-Service Solutions

* Restaurants ADA Compliant

* AI Assist Driving Revenue and Productivity

* AVIXA Posts

* Maximizing Airport Digital Signage

* AI & Restaurant Customer-Facing Avatars

* Biometrics in the Public Space

* Hotels - Most Popular PMS Being Used

* AV posts on AVIXA

For more information, contact info@kioskindustry.org or visit https://kioskindustry.org/.

Tradeshow Update: https://kioskindustry.org/tradeshow-update-for-self-service/.

Since 1996 for 27 years (three years to go before we retire).

For a list of all verticals, visit The Industry Group - https://industrygroup.org/.

Thanks to the companies whose support makes this possible - https://kioskindustry.org/kiosk-manufacturer-companies/.

Related link: https://kioskindustry.org/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Aug, 04
2023
Business, Free News Articles, Reports and Studies

July’s Mortgage Lock Volume Flat Amongst Rising Rates in Latest MCT Indices Report

SAN DIEGO, Calif. -- Mortgage Capital Trading, Inc. (MCT®), a leading mortgage hedge advisory and secondary marketing software firm, reported today a relatively flat .44% increase in mortgage lock volume over the prior month. Visit MCT's site to download the full report.

The relatively flat change in volume is likely attributed to seasonal momentum through Summer. "While July's mortgage lock volume remained relatively flat, mortgage rates continued to climb through July," said MCT's COO, Phil Rasori. "If rates continue to hold or climb from these new levels established in the first week of August, we can expect volume to drop."

The Fed's July decision to raise the Federal Funds Rate has contributed to an eight-month high for mortgage rates. This, coupled with the highest 10-year treasury yield in years and Fitch's recent decision to downgrade the U.S. credit rating, could spell rough seas ahead for the mortgage industry.

This month's MCT Indices also shows a roughly 13% drop in total lock volume from this time last year. However, this morning's August Nonfarm payroll report could be offering signs of hope. "If this morning's indications of a slightly cooling labor market were to persist into the future, this would provide more cover for the Fed to continue to pause and eventually cut rates," said Mr. Rasori.

MCT's Lock Volume Indices present a snapshot of rate lock volume activity in the residential mortgage industry broken out by lock type (purchase, rate/term refinance, and cash out refinance) across a broad diversity of lenders (e.g., sizes, products/services offered, business models) from MCT's national footprint.

Download the full report at: https://mct-trading.com/press-release/july-mortgage-lock-volume-flat-rising-rates-indices-report/

About MCT:

For over two decades, MCT has been a leading source of innovation for the mortgage secondary market. Melding deep subject matter expertise with a passion for emerging technologies and clients, MCT is the de facto leader in innovative mortgage capital markets technology. From architecting modern best execution loan sales to launching the most successful and advanced marketplace for mortgage-related assets, lenders, investors, and network partners all benefit from MCT's stewardship.

MCT's technology and know-how continues to revolutionize how mortgage assets are priced, locked, protected, valued, and exchanged - offering clients the tools to thrive under any market condition.

For more information, visit https://mct-trading.com/ or call (619) 543-5111.

MULTIMEDIA:

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Caption: The relatively flat change in volume is likely attributed to seasonal momentum through summer.

Related link: https://mct-trading.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

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