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Report Identifies Key Opportunities to Improve Current Carbon Efficiency Measures

BSMC

The Blue Sky Maritime Coalition (BSMC) has released a new report today titled “A Perspective on IMO Efficiency Measures: Opportunities for Improvement" which highlights key opportunities to improve current international efficiency measures. “This report is a great example of industry collaborating to find opportunities for improvement and spurring further discussion among key stakeholders. As a member-led organization focused on decarbonizing the maritime industry, BSMC brings together diverse perspectives with the goal of getting to net-zero emissions by 2050, and this report offers another step in that direction,” said David Cummins, BSMC President and CEO. Developed by the Finance, Commercial and Chartering Workstream, the report offers insights on how decisions made by charterers can affect vessel operations, ultimately impacting the efficiency rating of ship owners. The report concludes that more work will be needed to fine tune the existing calculation method and benchmarking. Maritime stakeholders welcome the opportunity to improve vessel operational performance through robust reporting regimes, necessary to consistently measure emissions. To address the issues raised, the report recommends mutual responsibility and obligation by both the charterer and ship owner to reduce emissions. To accomplish this, both parties must have transparent negotiations and data sharing under a new era of chartering contracts where environmental key performance indicators (KPIs) become instrumental to vessel selection criteria and commercial utilization. To read more, download a copy of the report by clicking here. F or more information contact communications@bluesky-maritime.org. Blue Sky Maritime Coalition (the Coalition) a non-profit corporation, is a strategic alliance formed to accelerate the transition of waterborne transportation in Canada and the United States toward net-zero greenhouse gas (GHG) emissions. The Coalition brings together industry, community, government, academic leadership and other stakeholders across the waterborne transportation value chain to action projects that remove barriers to accelerating development, encourage innovation, and promote policies in support of zero emissions. Learn more at www.bluesky-maritime.org. Contact Details Morgan Marketing & Communications Carleen Lyden Walker +1 203-260-0480 c.walker@morganmarketcomm.com

May 18, 2022 08:58 PM Eastern Daylight Time

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Cooper Standard 2021 Corporate Responsibility Report Highlights Key Priorities for Sustainability Efforts

Cooper Standard Holdings Inc.

Cooper Standard (NYSE: CPS) today issued its 2021 Corporate Responsibility Report (CRR), titled “Together” to reflect the Company’s updated purpose statement, “Creating Sustainable Solutions Together.” The report offers insights on key topics considered important by the Company's stakeholders, including its 2021 materiality assessment, new Company Purpose, Mission and Value statements, and an update on its Driving Value Plan. “Together is a word that brings strong meaning and represents an important element of Cooper Standard’s culture,” said Jeffrey Edwards, chairman and CEO, Cooper Standard. “While we have accomplished much together, we are not finished. Together, we will continue our quest to create the solutions needed for a sustainable business, sustainable products, sustainable partnerships and a sustainable future.” Cooper Standard conducted its first materiality assessment in 2016, and in 2021 completed its third assessment. This process, in line with best practices, helps ensure the Company is managing and reporting on the sustainability issues most important to the industry and its stakeholders. The most recent materiality assessment identified seven clear priorities that are critical to the Company’s sustainability efforts, which include its financial goal of achieving and sustaining double-digit adjusted EBITDA margins and returns on invested capital. The priorities include: Business Ethics and Integrity: maintaining a world-class reputation for conducting honest, ethical and responsible business practices; Climate Change: reducing the Company’s impact on the environment; Diversity, Inclusion and Belonging: building an inclusive and supportive environment to retain and attract the best talent to achieve business objectives; Employee Engagement and Talent Recruitment: achieving world-class performance in talent strategy; Energy and Greenhouse Gas (GHG) Emissions: improving energy efficiencies and using increasingly renewable energy sources to improve performance, decarbonize operations, and reduce GHG emissions; Innovation: enhancing products and embracing innovative ideas to fulfill the Company’s Mission to “Be the First Choice of the Stakeholders We Serve;” and Product Life Cycle: implementing sustainable practices through each stage of our product lifecycle while also balancing the technological and economic limitations to the sustainability of relevant materials for our products. The 2021 CRR shares goals and discussions for these top issues, as well as other ESG and product-related topics. To view the current report, click here. About Cooper Standard Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's approximately 23,000 employees are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on Twitter @CooperStandard. # # # CPS_G Contact Details Chris Andrews +1 248-596-6217 candrews@cooperstandard.com Company Website http://www.cooperstandard.com/

May 18, 2022 08:30 AM Eastern Daylight Time

Fox Logistics Acquires Boxton’s Freight Automation Platform to Expand Freight Services Worldwide

Fox Logistics

Fox Logistics, the asset-based third-party logistics provider (3PL) that provides freight services to small, midsize and enterprise businesses, today announced the acquisition of freight automation platform Boxton. The acquisition of the platform marks Fox Logistics’ global expansion into air and ocean freight services. Fox Logistics will acquire over 150 global customers and will expand freight offerings for small and medium-sized businesses, as a result. Boxton automates the freight quoting process, so customers can work directly with carriers to obtain immediate access to industry-leading freight rates. Artificial Intelligence (AI) enhances the robust API connectivity to offer customers complete visibility into the shipping process with fast quotes and superior pricing. “Boxton’s freight automation platform increases associate capacity by fivefold and elevates our customers’ user experience by meeting them where they already work, whether that’s Slack, Microsoft Teams, or email. The result is faster, smarter, reliable shipping that’s better for our planet,” said Matt Lawrence, CEO of Fox Logistics. “We’re excited about the relationships Boxton has with ocean and air freight carriers, and we’re going to continue to expand those relationships. This is the future of freight.” Boxton is a seamless platform for shippers seeking air and ocean freight quotes. The proprietary program automates freight procurement to keep global supply chains running smoothly. Customers can access a marketplace of select, vetted, global shipping companies that provide competitive pricing and enhanced service. Fox Logistics works with partners to identify the best service providers based on individual shipment needs. AI decreases the time to obtain a freight quote from days to minutes by scanning emails and PDF quotes and uploading the information to the platform. The result is a comprehensive quote that clearly defines all charges. Shippers use data-driven technology to consolidate and track orders end-to-end. They can view real-time tracking information, manage documentation, communicate with different parties, and keep essential details in one portal to automate and cut down on data entry. Due to Fox Logistics' direct relationships with carriers, Boxton’s customers will benefit from competitive freight rates in all modes of transportation. Fox Logistics’ commitment to building strong relationships with the industry’s top carriers will help protect Boxton’s customers from the volatile swings in pricing and lack of capacity in difficult markets. “We started Boxton to help the most innovative companies in the world better manage complex shipments so that they can focus on growth,” said Warren Kucker, Founder of Boxton. “Fox Logistics’ ingenuity, focus on customer service, and deep supplier relationships will continue to steward supply chains to the next level.” Fox Logistics currently provides over 99% on-time delivery services for its customers, and the company maintains superior customer service with a response time of minutes, not hours. Fox Logistics and Boxton customers can choose to easily track and pay for carbon offsets through a partnership with The Carbon Fund. For more information, visit www.foxlogistics.com. About Fox Logistics Founded in 1991, Fox Logistics is an asset-based third-party logistics (3PL) provider that provides ground, air, and ocean services to small and midsize businesses, as well as enterprise retail and manufacturing companies. In a volatile industry marked with constant delays, unethical brokers, and unpredictable rate changes, Fox Logistics provides reliable, on-time services by focusing on carrier and customer relationships. The company employs an advanced, AI-based Freight Automation Platform (FAP) to provide customers with visibility into their shipments. Fox Logistics is committed to carbon neutrality and partners with The National Forest Foundation and The Carbon Fund to measure and offset carbon emissions. Learn more at foxlogistics.com. Contact Details Trust Relations Jennifer Cronin +1 323-216-8589 Foxlogistics@trustrelations.agency

May 18, 2022 07:00 AM Eastern Daylight Time

URBAN MINING COMPANY IS NOW NOVEON MAGNETICS: THE NATION’S ONLY MANUFACTURER OF SUSTAINABLE RARE EARTH MAGNETS POWERING OUR ELECTRIFIED FUTURE

Noveon

Today, the entity formerly known as Urban Mining Company announced its rebranding as Noveon Magnetics, Inc. Noveon Magnetics is the only U.S. producer of the high-performance rare earth magnets essential to the leading electric technology the world depends on every day – from electric vehicles to MRI machines to wind turbines and robots. Using its proprietary breakthrough technology, Noveon Magnetics recycles end-of-life magnets to manufacture new magnets even more powerful than the ones they were made from. Noveon’s factory in San Marcos, TX is built to manufacture 2,000 metric tons of magnetic material annually. “Electrification doesn’t happen without rare earth magnets,” said Scott Dunn, Chief Executive Officer of Noveon. “Magnets are used in the electric motors and generators that power our society. They can be found in household items like cell phones, earbuds, power tools, laptops, refrigerators, and electric scooters, as well as infrastructure such as wind turbines and electric vehicles. With huge growth in EVs and clean energy, the demand for magnets is skyrocketing and Noveon has invented a better magnet that uses less rare earth elements, has a much lower carbon footprint, and can even be made from recycled magnets. Magnets are the key to a low-carbon future.” Industry experts at Adamas Intelligence predict that global rare earth magnet alloy demand will more than double by 2030 – to over 460,000 tons – and triple to over 675,000 tons by 2035. Because new rare earth mines are unable to keep up with this demand, there will be a shortage of 66,000 tons annually by 2030 and 206,000 tons annually by 2035 – nearly one-third of the total market. Currently, China produces 93% of all rare earth magnets and is building new factories to meet the demand. However, supply-chain and national security concerns have caused many commercial and military consumers to seek a domestic magnet supply. Due to a recent law, U.S. defense contractors can no longer use Chinese magnets, and many are looking to Noveon. In fact, the U.S. Department of Defense has invested over $35 million in Noveon to support commercialization. Noveon Magnetics’ signature product is the patented EcoFlux™ magnet, sustainably produced and rated for high-performance applications such as EV motors and wind turbines. The EcoFlux magnet can be made from mined rare earth elements or from recycled end-of life magnets. When using mined materials, EcoFlux requires 20% less heavy rare earths, has a lower carbon footprint, and is stronger than magnets made with current manufacturing processes. When EcoFlux is produced sustainably from recycled magnets, it uses 90% less energy, less rare earth material, and causes less harm to the planet. Currently, less than 1% of the world’s end-of-life magnets are recycled. With over 100,000 tons of magnets discarded annually, Noveon is creating recycling solutions that maximize recovery, promote sustainability, and curtail dependance on traditional mined sources. “Over 600,000 tons of discarded magnets sit in our landfills, and only 1% is ever recycled,” said Peter Afiuny, Noveon’s Chief Commercial Officer. “Noveon’s process is a huge step forward for the environment in terms of reducing the use of electricity and chemicals, limiting the creation of radioactive and other waste byproduct, and diminishing the overall carbon footprint. We believe our technology can help bridge the upcoming supply shortage caused by both geopolitics and the lack of newly mined rare earth elements, and be the key to global sustainability of rare earth magnets.” Due to spiking demand and predicted price increases, the market for rare earth magnets is projected to quadruple to $79 billion per year by 2030. About Noveon Magnetics: Noveon Magnetics is the only high-performance rare earth magnet manufacturer in the United States. Noveon’s patented EcoFlux™ magnet can be made from mined rare earth elements or directly from recycled end-of-life magnetic materials and are even more powerful than the magnets they were made from. By leveraging a cache of materials sourced from discarded items, such as electric scooters and hard drives, Noveon’s process is over 90% more energy efficient than traditional manufacturing and results in a stronger, more durable magnet. Noveon’s magnets have critical applications in electric vehicles, MRI machines, wind turbines, defense systems, and robots, accelerating the process of electrification, contributing to more sustainable sources of energy, and aiding in the development of a more secure supply chain of magnetic material. More information is available at https://noveon.co/. Contact Details Noveon Magnetics Arielle Goren +1 212-717-5863 media@noveon.co Company Website https://noveon.co

May 16, 2022 12:15 PM Eastern Daylight Time

Steve Weber Reflects on 30 Years in Business As Minuteman Press Franchise Owner in Norwich, CT

Minuteman Press International Inc

Located at 595 W. Main Street, Minuteman Press in Norwich, Connecticut first opened in August 1992. Owner Steve Weber shares the following insights and advice as he reflects on celebrating 30 years in business: “I guess looking at it from the outside 30 years is quite an accomplishment, especially when you realize I was 40 years old when we started. I think that this milestone means it is almost time to retire. Our success can be attributed to a number of things. For the first 25 years, my wife and partner Gail helped grow the business and keep me on track. Since she has retired, I think our continued success can be attributed to surrounding myself with the best people as well as giving excellent customer service and evolving our business to meet the times. Our equipment and services have definitely evolved. Several years ago, we became an all-digital shop. We have invested in the equipment needed to provide excellent quality with the quick turnaround time our customers expect. We also have great suppliers who can provide old school offset printing when the job calls for it. We have expanded into the ad specialty market and learned the specifics of selling clothing. We have also invested in mailing equipment. This has been an excellent complement to our printing. We never sell a large printing job without asking, ‘What are you doing with this printing?’ Often, the answer has been we are mailing it. Providing mailing has earned us many new customers. Our community is relatively rural. We do not have any trade binderies to help support our business. To that end we have invested in our own bindery. We have a collator / booklet maker, as well as a perfect binder and a small die cutting unit. To complement the mailing services, we also have a folder inserter. We do over 100,000 business cards per month so we added a slitter cutter to automate that service. The machine is relatively slow but we have nicknamed it ‘set it and forget it.’ The person in bindery can set it up and do another job while it is running. We are proof that ‘print is dead’ is not truthful. Our customers still want business cards to hand out and annual reports to distribute. We also work with many nonprofits who have learned that the best return on fundraising is by mailing the information. Email just does not work to this end. Minuteman Press International has guided us every step of the way. From our first meeting with Roy Titus to now working with Nick Titus, we always feel comfortable. We have been fortunate to have Ron Rubin as our New England Regional Vice President. His wisdom and guidance have kept me focused on the goal of success. The proprietary software we used originally developed by Minuteman Press has also evolved. The current FLEX management software has been a great help especially when training employees in our company. We have been fortunate over the years to introduce more than a few other people into the Minuteman Press system. Our son Michael and his wife Lindsey now have 3 Minuteman Press locations of their own in Enfield, CT, Springfield, MA, and Brattleboro, VT. We did a mailing a number of years ago to the printers in our area. We have been able to acquire four different independent businesses who were competitors. It creates a win/win because the owners are typically retiring and they know their clients will be left in good hands. Lastly, this is not a business for an absentee owner. You must work in your business to succeed. After 30 years, I no longer work 50 hours/week, but I am still involved. My staff now does the heavy lifting but when we are bidding a large project, I appreciate them reaching out to me to utilize my years of experience.” For more information on Minuteman Press in Norwich, CT, visit https://minuteman.com/us/locations/ct/norwich/ Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com. Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

May 16, 2022 10:00 AM Eastern Daylight Time

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DHL and Mykke Hofmann Launch Sustainable Fashion Capsule: Forever Pieces

DHL

Six (6) winning designs from an international competition with 2,375 entries from 80 countries available as a limited collection as of May 16, 2022. Clothing designed to be timeless, with an NFT warrantee certificate on a the blockchain to extend the garment’s wearability and lifespan. Arjan Sissing, Global Head of Brand Marketing at DHL: “Our vision of positive fashion unites sustainable logistics, circularity and fair production conditions with long-lasting quality”. All profits from the sale of the Forever Pieces collection will be donated to SOS Children’s Villages. DHL and Mykke Hofmann (the socioecological fashion label based in Munich) are jointly launching a fashion capsule entitled Forever Pieces, where the design boasts a span of a lifetime. The unique collection will be available from May 16, 2022, on www.MykkeHofmann.com. The Forever Pieces collection was created from a design competition announced last fall on social media by DHL and Mykke Hofmann. A total of 848 fashion enthusiasts from 80 countries entered, and 2,375 designs were submitted. Of the submissions, six designs were selected to create the collection which includes a trench coat, a blouse, a pair of trousers, a dress, and a top and bottom as a co-ord set. Forever Pieces represents everything we associate with our vision of positive fashion,” explains Arjan Sissing, Global Head of Brand Marketing at DHL. “This competition stands for sustainability and thus unites themes such as sustainable production, circularity and fair production conditions with long-lasting fashion.” Participating in the competition were many up-and-coming designers and fashion enthusiasts who welcomed the opportunity to bring their sustainable fashion ideas to life. “The feedback from the competition exceeded all our expectations in terms of both quantity and quality,” explains Jelena Hofmann, founder and CEO of Mykke Hofmann. “The response shows how deeply the concept of sustainability is anchored in the up-and-coming fashion community.” The main prize awarded to competition winners was 1000EUR in prize money, and the opportunity to bring to life the garment as a Forever Piece. “It is important to design fashion in an environmentally friendly way, and this competition offered me a way to do that,” says winner Marta Soloducha, explaining why she decided to take part. The fashion student from Warsaw designed a trench coat whose versatility makes it a Forever Piece. The garment can be worn not only as a coat, but also as a blazer or skirt separately when detached. Micaela Clubourg, an up-and-coming designer from Argentina, now living in Spain, submitted a co-ord set like no other to the Forever Pieces collection. The pair of trousers features a non-waste design, with no fabric wasted in production, while the top represents an eternal design. The other winners are Gaia Stollo from Italy who contributed a classic pair of trouser, Yolanda Patricia Cabarcas, a native of Colombia now working as a freelancer in Milan, who submitted a timeless blouse, and Camilla Pane from Italy who designed a transitional little black dress. Like the rest of Mykke Hofmann’s collection, the entire Forever Pieces collection is produced at a factory in Serbia in which women are given a stable job with fair conditions. All workers are paid 50 per cent above regulated wages and are provided with professional equipment – with health and safety as top priorities. The Forever Pieces are designed to be timeless pieces that go beyond trends and accompany their wearers for a long time. When customers purchase the product, they receive a warranty certificate in the form of a climate neutral NFT to extend the wearability of the clothing through certain repairs. The NFT is stored in a digital wallet on the blockchain, which means the warranty certificate cannot get lost or be inadvertently. All proceeds from the sale of the collection will go to SOS Children’s Villages, the world’s largest non-profit organization focused on supporting children without parental care and families at risk. DHL is part of Deutsche Post DHL Group, who has been a partner to SOS Children Village since 2010. DHL is the fashion and retail industry’s leading global logistics partner. For decades, DHL has pioneered solutions to meet the requirements of designers, retailers and some of the world’s most glamorous fashion events, while supporting the sustainable fashion movement with environmentally friendly shipping solutions. The Forever Pieces collaboration is DHL’s latest undertaking to support talented young designers and champion sustainability in fashion. “Our tailored global logistics solutions allow our fashion partners to optimize their production and sales processes, further helping their business’ success and growth,” says Mirella Muller-Wuellenweber, President Global eRetail and Fashion at DHL Customer Solution & Innovation. “We offer a unique delivery experience with maximum speed and flexibility while keeping carbon footprint at a minimum, especially in the fast-growing e-commerce sector.” Note to editors: You can find more information about the competition, the winners, and designs at: inmotion.dhl/foreverpieces You can find the press release for download as well as further information on dpdhl.com/pressreleases For additional images please download here - https://we.tl/t-33rI2OIeph Press contact: The Atentive Agency Kehinde Akinnawo Email: kehinde@theatentive.com Phone: 07477682886 On the Internet: dpdhl.com/press Follow us at: twitter.com/DeutschePostDHL DHL – The logistics company for the world DHL is the leading global brand in the logistics industry. DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”. DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 81 billion euros in 2021. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve zero-emissions logistics by 2050. About Mykke Hoffmann Mykke Hofmann is a female collective rooted in the Balkan, based in Germany, and cosmopolitan at heart. The company runs a contemporary womenswear label and their own production site in Pančevo, Serbia. Mykke Hofmann embraces flowing materials, an alluringly feminine style, intricate details, and women with attitude. Mykke Hofmann is 100 per cent committed to fair production and sustainable in great parts, but still on a journey. Contact Details DHL Kehinde Akinnawo (The Atentive Agency) +44 7477 682886 kehinde@theatentive.com Company Website https://www.dpdhl.com/

May 16, 2022 03:30 AM Eastern Daylight Time

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CoorsTek Recognized as a US Best Managed Company

CoorsTek

CoorsTek is proud to announce it has been selected as a 2022 US Best Managed Company. Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their management teams. The 2022 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, a commitment to their people and fostering a dynamic, resilient culture, as well as strong financials. This year’s designees continued to propel their businesses forward by prioritizing purpose, investing in their workforces, and demonstrating their commitment to diversity, equity and inclusion. “We are honored to be recognized as a best managed company again this year,” said Jonathan Coors, CEO of CoorsTek. “This award is a tribute to the dedication and resiliency of our CoorsTek team members across the globe over the past several years. It also speaks to the strong values that guide our daily activities and actions, and our focus on delivering essential products and services to the marketplace.” Applicants are evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture and governance/financial performance. They join a global ecosystem of honorees from more than 40 countries recognized by the Best Managed Companies program. About The Best Managed Companies Program The Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit www.usbestmanagedcompanies.com. Please see www.deloitte.com/us/about for a detailed description of our legal structure. About CoorsTek Founded in 1910 and headquartered in Golden, Colorado, CoorsTek is a fifth-generation, family owned and operated global manufacturer of engineered ceramics. By utilizing over half of the world’s known elements in our material formulations, we deliver unique solutions to our diverse customer base by leveraging ceramic properties. With more than 30 facilities across three continents, five million square feet in manufacturing space, and more than 6,000 team members, we are the partner of choice in engineered ceramics. CoorsTek makes the world measurably better by providing customers with amazing solutions, serving customers in numerous industries including semiconductor, aerospace, automotive, medical, energy and many others around the world. For more information about the company and its products please visit our website at www.coorstek.com. Contact Details CoorsTek Nancy Fullerton +1 517-304-4695 nfullerton@coorstek.com Company Website https://www.coorstek.com

May 11, 2022 03:52 PM Eastern Daylight Time

City Produce Joins FreshEdge

FreshEdge

INDIANAPOLIS – FreshEdge, a family of produce and specialty food companies backed by Rotunda Capital Partners, acquired City Produce, a fresh food distributor headquartered in Fort Walton Beach, Florida. For many years, City Produce has been serving North Central Florida, the Florida Panhandle, and central to southern Alabama distributing fresh fruits and vegetables, including an array of fresh-cut offerings, dairy, meats, seafoods, specialty foods, and more. City Produce operates out of two facilities, one in Fort Walton Beach, and a second in Foley, Alabama. The addition expands FreshEdge’s footprint into the southern United States and provides space and logistical support to better serve its customer base as it spreads farther south. City Produce joins Piazza Produce & Specialty Foods, Indianapolis Fruit, Get Fresh Produce, McCartney Produce, Monteverde’s, Valley Produce, Vine Line, Garden Cut, CIBUS Fresh and Papania’s. FreshEdge now operates with more than 2,000 employees, approximately 808,500 square feet of warehouse space, and a fleet of more than 720 trucks. “We welcome Tommy Sundy and his amazing team to the FreshEdge family of companies,” said Steve Grinstead, CEO of FreshEdge. “We are excited for this great company to join FreshEdge as we expand farther into the Southeast.” Terms of the deal, which closed on May 10, 2022, were not disclosed. The transaction strengthens the combined business’s presence in Florida and southern Alabama. “City Produce will be a great addition to our expanding group of ‘best in class’ fresh food distribution companies,” said Greg Corsaro, president and COO of FreshEdge. “We look forward to Tommy’s continued leadership at City Produce.” “Our City Produce team is excited to join the FreshEdge family - knowing we’ll be ‘better together’,” said Tommy Sundy, president. “This is the next step in increasing our footprint, serving customers with expanded offerings and growing for our future.” FreshEdge is backed by Rotunda Capital Partners, a lower middle market private equity firm focused on investments in founder and family held companies. Rotunda seeks to provide opportunities for management teams to reach strategic, financial, and operational objectives. Rotunda entered the food business in 2017 with the acquisition of Indianapolis Fruit and Piazza Produce. FreshEdge was created in 2019 when Get Fresh Produce joined the platform. City Produce represents FreshEdge’s seventh acquisition since Rotunda’s initial investment. Together, Rotunda and FreshEdge intend to continue expanding FreshEdge by welcoming more companies into the group—all focused on high quality produce and specialty food products, along with exceptional service—to create a unique group of complementary entities. About FreshEdge FreshEdge was formed in 2019 through the combination of Get Fresh Produce (founded 1982) and the IF&P Foods family of companies, primarily composed of Indianapolis Fruit (founded 1947) and Piazza Produce (founded 1970). McCartney Produce (Paris, TN) joined the FreshEdge family in November 2020 followed by Valley Produce (Knoxville, TN) in June 2021, Vine Line (Grand Rapids, MI) in October 2021, and Monteverde's (Pittsburgh, PA) in November 2021. Collectively, these leading fresh food distribution companies have nearly 500 years of combined experience serving the grocery and food service industries. FreshEdge includes two Garden Cut branded fresh-cut processing facilities, a tomato re-packer, a USDA fresh kitchen (CIBUS Fresh), and two transportation companies. FreshEdge's fleet resource includes more than 720 trucks servicing the Midwest and beyond from 12 facilities totaling approximately 808,500 square feet of warehouse space. Today, FreshEdge is one of the largest independent fresh food distributors in the United States and a category leader in providing both the foodservice and retail industries with fruit, vegetables, proteins, fresh grab-n-go offerings, dairy, floral, and specialty products. For more information, visit www.freshedgefoods.com. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details FreshEdge Greg Corsaro +1 317-981-3440 gcorsaro@freshedgefoods.com Rotunda Capital Partners Jill Lafferty +1 847-280-1295 jill@rotundacapital.com Company Website https://www.freshedgefoods.com/

May 11, 2022 07:43 AM Eastern Daylight Time

Dartmouth Innovation & Technology Festival Celebrates Completion of Dartmouth’s West End District Focused on Solving the World’s “Wicked Problems”

Dartmouth

With $500 Million in capital and programming investments, expanded district combines Dartmouth’s liberal arts focus with entrepreneurial spirit, technological and scientific expertise to create future leaders; Festival program will include a range of speakers and topics focused on creating a sustainable, equitable future Former Dartmouth president, John Sloan Dickey, famously implored students to apply their education for the benefit of humankind—because “there is nothing wrong with the world that better human beings cannot fix.” That’s the spirit behind the recently completed West End District at Dartmouth, which will be celebrated at the Dartmouth Innovation & Technology Festival, May 12-14, 2022. The festival will gather leading alumni, global technology experts, public policy leaders, faculty, and students for provocative discussions about innovation, collaboration, and the art of the possible. Dartmouth President Philip J. Hanlon said of the West End District, “Solving society’s greatest challenges requires that students, faculty, and staff have the necessary cutting-edge infrastructure to do their best work." Dartmouth’s West End began with the idea that organizing scholarship by research areas, rather than by departments, works better to break down the silos that have kept scientists, business leaders, and innovators looking at complex problems only from within their own disciplines. Interdisciplinary, inter-school, and intergenerational collaboration will prepare future leaders to tackle the world’s most wicked issues. The West End District includes the Tuck School of Business, Thayer School of Engineering, and two new state-of-the-art buildings, the Arthur L. Irving Institute for Energy and Society and the Class of 1982 Engineering and Computer Science Center, which houses the Department of Computer Science, Magnuson Center for Entrepreneurship, and the Digital Applied Learning and Innovation Lab. Key Points The West End District changes the way teaching and learning happens. It allows faculty and students to think systemically and holistically about society’s challenges—and is where big ideas become bold realities at the intersections of science, technology, business, and the liberal arts. The West End was a top priority of Dartmouth’s The Call to Lead campaign and is the largest building project in Dartmouth’s 253-year history. The Dartmouth Innovation & Technology Festival will feature a range of events, including: The presentation of the first annual McGuire Family Prize for Societal Impact, awarded to Jason McLellan, a structural biologist whose groundbreaking coronavirus research conducted at the Geisel School of Medicine laid the foundation for COVID-19 vaccines that have saved countless lives. Keynote and panel conversations about a range of topics, including sustainability, whether crypto currency can deliver long-term value, women’s health, artificial intelligence, transportation, and increasing diversity in STEM. Interactive experiences in makerspaces led by faculty and Dartmouth students. About Dartmouth Founded in 1769, Dartmouth is a member of the Ivy League and consistently ranks among the world’s greatest academic institutions. Dartmouth has forged a singular identity for combining its deep commitment to outstanding undergraduate liberal arts and graduate education with distinguished research and scholarship in the Arts and Sciences and its four leading graduate schools—the Geisel School of Medicine, the Guarini School of Graduate and Advanced Studies, Thayer School of Engineering, and the Tuck School of Business. Contact Details Racepoint Global Madison Everts dartmouth@racepointglobal.com

May 10, 2022 01:22 PM Eastern Daylight Time

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