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Cal/OSHA Reminds Employers with Outdoor Workers to Protect Them from Heat Illness as Temperatures Rise Across Southern California

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OAKLAND, California, Oct. 23, 2017 /PRNewswire-HISPANIC PR WIRE/ — Cal/OSHA is reminding all employers to protect their outdoor workers from the risk of heat illness, as temperatures in Southern California will climb into the high 90s today, with forecasts reaching over 100 degrees in some areas over the first half of the week.

“Heat waves can occur well into autumn in California, so it’s important to remind employers of their responsibilities to protect workers from heat-related illness,” said Cal/OSHA Chief Juliann Sum. “Our goal is to prevent illnesses and deaths caused by exposure to heat.”

Cal/OSHA urges workers experiencing possible overheating to take a preventative cool-down rest in the shade until symptoms are gone. Workers who have existing health problems or medical conditions that reduce tolerance to heat, such as diabetes, need to be extra vigilant. Some high blood pressure and anti-inflammatory medications can also increase a worker’s risk for heat illness. 

In addition to the basic steps outlined by California’s heat regulation for employers with outdoor workers, heat at or above 95 degrees Fahrenheit requires employers to take additional precautions. Among other measures, it is crucial that workers are actively monitored for early signs of heat illness. This helps ensure sick employees receive treatment immediately and that the symptoms do not develop into a serious illness or death.

Employers must train supervisors and workers on emergency procedures in case a worker does get sick to ensure that the worker receives treatment immediately and serious illness does not develop.

Cal/OSHA’s Heat Illness Prevention special emphasis program, the first of its kind in the nation, includes enforcement of heat regulations as well as multilingual outreach and training program for California’s employers and workers. Online information on heat illness prevention requirements and training materials are available on Cal/OSHA’s Heat Illness Prevention web page and the Water. Rest. Shade. campaign site. A Heat Illness Prevention e-tool is also available on Cal/OSHA’s website.

Cal/OSHA helps protect workers from health and safety hazards on the job in almost every workplace in California. Employers and workers who have questions or need assistance with workplace health and safety programs can call Cal/OSHA’s Consultation Services Branch at 800-963-9424.

Complaints about workplace safety and health hazards can be filed confidentially with Cal/OSHA district offices. Employees with work-related questions or complaints may contact DIR’s Call Center in English or Spanish at 844-LABOR-DIR (844-522-6734).

Members of the press may contact Peter Melton or Lucas Brown at (510) 286-1161, and are encouraged to subscribe to get email alerts on DIR’s press releases or other departmental updates.

https://www.facebook.com/CaliforniaDIR 
https://twitter.com/CA_DIR
https://www.youtube.com/user/CaliforniaDIR
http://www.dir.ca.gov/email/listsub.asp?choice=1

The California Department of Industrial Relations, established in 1927, protects and improves the health, safety, and economic well-being of over 18 million wage earners, and helps their employers comply with state labor laws. DIR is housed within the Labor & Workforce Development Agency. For general inquiries, contact DIR’s Communications Call Center at 844-LABOR-DIR (844-522-6734) for help in locating the appropriate division or program in our department.

SOURCE California Department of Industrial Relations, Cal/OSHA

Repeat: HPRA-Los Angeles To Honor Top Latino Communicators At 33rd Annual PRemio Awards & Scholarship Dinner, Oct. 27th

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HPRA-Los Angeles To Honor Top Latino Communicators At 33rd Annual PRemio Awards & Scholarship Dinner, Oct. 27th

LOS ANGELES, Oct. 25, 2017 /PRNewswire-HISPANIC PR WIRE/ — The Los Angeles Chapter of the Hispanic Public Relations Association (HPRA-LA) will honor top local Latino communicators and award scholarships on Friday, Oct. 27th in Pasadena at the 33rd Annual PRemio Awards and Scholarship Dinner. For tickets to the event visit http://www.hpra-usa.org/laR/2017-premio-awards-tickets/.

HPRA-Los Angeles To Honor Top Latino Communicators At 33rd Annual PRemio Awards & Scholarship Dinner, Oct. 27th

“The night’s theme of `Remembering our Roots’ reminds us to pay homage to our past and cultural experiences,” said Reyna Hernandez, President of HPRA-LA and owner of Creative Branding Co. “The HPRA-LA PRemio Awards and Scholarship Dinner is a celebration of the best in our public relations industry and awards scholarships to help deserving college students pursue their degree in communications.”

Winning this year’s “Communications Group of the Year” is UNITED COLLECTIVE (www.unitedcollective.com), founded to be the most culturally attuned creative collective in the U.S. The communications group includes specialty agencies located in California and New York: GALLEGOS United, ROX United, CANVAS United, POLY United and LUNA United.

The “Journalist of the Year” Award will go to Stephanie Himonidis, better known as Chiquibaby, host of Acceso Total, Telemundo 52’s popular weekday morning entertainment news and lifestyle show which rebroadcasts across 15 U.S. Hispanic markets. With nearly two decades of a successful career in media, Chiquibaby is a 4X Emmy Award-winning Television and Radio personality and recognized as an influential communicator in the U.S. Hispanic market with nearly 900,000 followers on social media. She is very involved in the community and currently serves as an ambassador for PADRES Contra el Cancer, non-profit organization committed to improving the quality of life for children with cancer and their families.

Being honored as “Influencer of the Year” Award will go to Patty Rodriguez, a nationally recognized entrepreneur, senior producer, founder and author of the bilingual children’s books Lil’ Libros, and founder of Patty Rodriguez Jewelry. Rodriguez demonstrated her influence when she asked makeup giant MAC Cosmetics to create a line to honor the late Selena Quintanilla. MAC Cosmetics listened. Patty and her work have been featured in the New York Times, Forbes, NPR, USA Today, Los Angeles Times, People Magazine and Buzzfeed, to name a few.

This year’s college scholarship recipients include:

  • Sonia Ramirez-Muñoz, University of Southern California
  • Sasha M. Chavez, University of La Verne
  • Emily Lechuga, CSU Dominguez Hills

Supporting the dinner this year are: Telemundo 52, Imprenta Communications Group, UNITED COLLECTIVE, Panda Express, FSB Core Strategies and VPE Tradigital Communications. The cocktail hour sponsor is San Antonio Winery.  A special shopping spree has been donated by Lamps Plus.

HPRA-Los Angeles would like to thank its Executive Board for their commitment and hard work. Members of the 2017 HPRA-LA Board are President, Reyna Hernandez owner of Creative Branding Co.; Vice President, Norma Leon-Moncada of NLM Consulting; Secretary, Elizabeth Adams, PR Consultant and Treasurer, Norma Rodriguez of Imprenta Communications Group.

About the Hispanic Public Relations Association (HPRA)
Founded in 1984, the Hispanic Public Relations Association (HPRA) is the foremost organization of Hispanic public relations practitioners in the U.S. HPRA is a resource for communications professionals and for individuals seeking Hispanic market expertise. It is dedicated to the recognition and advancement of Hispanics in public relations through year-round programs, professional development, seminars and networking.

 

Photo – http://mma.prnewswire.com/media/588726/HPRA_PRemio_Awards_Logo.jpg

 

SOURCE HPRA

The Home Depot Strengthens Forestry Protection and Improves Chemical Standards in 2017 Responsibility Report

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The Home Depot logo. (PRNewsFoto/The Home Depot) (PRNewsFoto/)

ATLANTA, Oct. 25, 2017 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot® is increasing its protection of High Conservation Value Forests and tropical Intact Forest Landscapes (IFLs) by not accepting any wood products from The Amazon (South America) and Congo (Africa) Basins, unless Forest Stewardship Council (FSC) certified.

Photo – https://mma.prnewswire.com/media/589926/Home_Depot_Responsibility_Report_Infographic.jpg

Although less than one percent of the company’s existing wood products come from the Amazon and Congo Basins, The Home Depot announced today that it will require that any wood products coming from these areas be FSC certified.  The company has given preference to FSC certified wood products since 1999.

The company announced the updated policy in its 2017 Responsibility Report. The full report is located online at: https://corporate.homedepot.com/newsroom/infographic-2017-responsibility-report.

The report also unveils newly strengthened chemical oversight practices in five product categories, including paint, carpet, vinyl and laminate flooring, and insulation.

The chemical strategy includes commitments to increase the assortment of products that have transparency of product ingredients and third party certification of chemical ingredients. Additionally, the company is committed to working with suppliers to improve chemicals in categories with the greatest potential impact to indoor air quality, and will conduct annual reviews of product categories to track progress and drive innovation.  

The company partners with the Green Chemistry and Commerce Council, Healthy Building Network and Cradle to Cradle for guidance on priority chemicals and innovations.

“We recognize the role we play in the value chain for home improvement products, especially lumber and manufactured goods,” said Ron Jarvis, vice president of environmental innovation. “We believe that better transparency is the key to retailers and consumers making better purchasing decisions that will improve our industry’s long-term environmental impact.”

The Home Depot is also expanding its Eco Options program that identifies products that have less of an impact on the environment than standard products, established in 2007, to include the third party certification programs Cradle to Cradle Certified™ and GREENGUARD® Gold.

Additional highlights from 2016 include:

  • The company estimates its customers saved more than 76 billion gallons of water in fiscal 2016 from the sales of WaterSense® certified products
  • The company estimates its customers saved more than $903 million in utility costs from sales of Energy Star® certified products, reducing consumers greenhouse gas emissions by 4.9 million metric tons in fiscal 2016
  • The Home Depot Foundation has impacted  more than 34,500 veterans’ homes and facilities since 2011, with a financial commitment to veterans related causes of a quarter of a billion dollars by 2020

The Home Depot applies Global Reporting Initiative (GRI) G4 Guidelines, which are included in the 2017 Responsibility Report, as a cross-reference tool for its sustainability reporting to make meaningful data available to stakeholders.

About The Home Depot
The Home Depot is the world’s largest home improvement specialty retailer, with 2,283 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2016, The Home Depot had sales of $94.6 billion and earnings of $8.0 billion. The Company employs more than 400,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

The Home Depot logo. (PRNewsFoto/The Home Depot) (PRNewsFoto/)

Logo – http://mma.prnewswire.com/media/589928/THE_HOME_DEPOT_LOGO.jpg

SOURCE The Home Depot

Live Pure Launches DIY Home Environmental Testing Product

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The yogi indoor air quality test kit is an easy, all-in-one DIY home environmental assessment product that tests for mold, allergens, VOCs, formaldehyde, lead, asbestos and radon in home air, along with lead and copper in drinking water. Professional, lab-certified results at a do-it-yourself price.

NEWINGTON, N.H., Oct. 25, 2017 /PRNewswire-HISPANIC PR WIRE/ — Live Pure, Inc. announced today the first-to-market launch of an all-in-one, do-it-yourself indoor air and drinking water assessment kit, called the yogi.  With patents pending, the yogi identifies indoor air and water quality problems that may have immediate or long-term effects on health. Not only does the yogi assess for air contaminants like mold and allergens, it also tests for asbestos, lead, VOCs, formaldehyde and radon using an easy, color-coded system and an innovative sampling device.

The yogi indoor air quality test kit is an easy, all-in-one DIY home environmental assessment product that tests for mold, allergens, VOCs, formaldehyde, lead, asbestos and radon in home air, along with lead and copper in drinking water. Professional, lab-certified results at a do-it-yourself price.

For More Information, Product Details or Online Purchase, Visit https://livepureinc.com/yogi-indoor-air-testing-products.html.  

The yogi is the first home environmental test kit that enables consumers to get a complete snapshot of their indoor air quality (IAQ) from a certified laboratory. Before the yogi, in order to get a robust IAQ assessment, consumers had to cobble together various off-the-shelf products that often only test for one contaminant, or hire a team of professionals, often costing triple the price of the yogi.

Empowering Consumers 
The Live Pure brand was established to educate and empower people to be their own health advocates. “The trend of consumers taking their health decisions into their own hands has been growing for the last two decades, and is underscored by what’s been happening in the health insurance industry,” notes Live Pure founder, Greg Sancoff.

“The yogi ultimately represents an important step in a consumer’s journey to improved health. It delivers professional, reliable, actionable results at a do-it-yourself price, typically about one-third the cost of hiring a team of professionals,” states Sancoff.

Peace of mind – Simplicity – Value
Along with value, the yogi offers simplicity and peace of mind. After completing easy sample collections, customers send their samples to our certified lab, with all lab fees and shipping charges included. Next, a full lab report and results summary are electronically delivered within 10 business days, with privacy assured.

Another valuable service the yogi provides is a complimentary 15-minute consultation with Live Pure’s certified industrial hygienists should customers receive a report with high contaminant levels. This unbiased consult equips consumers with the key information needed to address these challenges.

Following product launch, the yogi will be featured at the American College of Allergy, Asthma & Immunology’s Annual Scientific Meeting October 27-29, 2017.

About Live Pure, Inc.
Live Pure, Inc. is a designer and manufacturer of products that help consumers assess the quality, health and safety of their indoor environments. Our mission is to educate our customers about their indoor air and drinking water quality, and provide the information necessary to take action to improve their well-being. The yogi was inspired by our vision of bringing innovative, professional tools to market that enable consumers to assess their indoor environment and become their own health advocates. Live Pure’s products are assembled at its corporate headquarters located in the beautiful New Hampshire seacoast region.

Photo – https://mma.prnewswire.com/media/588872/Live_Pure___Yogi.jpg

 

SOURCE Live Pure, Inc.

Tucked Trunks – Revolutionary Boxer Brief System Launches Kickstarter Campaign To Expand Product Offering

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NEW YORK, Oct. 25, 2017 /PRNewswire-HISPANIC PR WIRE/ — Tucked Trunks, the first boxer brief specially designed to keep shirts securely tucked into pants all day long, has announced it will raise additional capital funds via a Kickstarter campaign to expand the available color schemes. The company currently offers its original model which is all black. The company is offering several contribution tiers via Kickstarter ranging from $22 to $2,000 with rewards including a choice of either the Black or Gray Tucked Trunks boxer brief, and the $2,000 reward for a lunch in New York City with the Tucked Trunks founder and team. Upon reaching its funding raising goal, Tucked Trunks plans to launch its all new color scheme in December.

For Additional Details and Campaign Updates, Click Here: https://www.kickstarter.com/projects/tuckedtrunks/tucked-trunks-keep-your-shirt-perfectly-tucked-in.

Tucked Trunks was developed to solve the age old problem of tucked in shirt bunching and coming un-tucked. Men have long struggled with their shirts slowly slinking out of their pants for generations, until now. With its patent-pending dual waistband and unique button security system, Tucked Trunks are the only underwear (boxer briefs) that ensure shirts remain tucked in without the use of additional straps or accessories.

“I’ve been wearing suits for more than a decade and I’m constantly fumbling with my dress shirt- pausing to adjust the extra material and fighting my waist band to tuck it back into my pants, sometimes up to a dozen times a day,” said Rafael De Oliveira, Tucked Trunks CEO and founder which is the main reason he created Tucked Trunks. “I believe Tucked Trunks shines a light on a pain point men around the world suffer from, but have never had a viable, practical and comfortable solution for until now,” added De Oliveira.

The company launched in November 2016 and has quickly expanded into 120 countries and has been featured on Business Insider, Daily Voice, Patch & The New York Post within months of the company’s launch. The men’s market has accepted this innovation with open arms which has allowed the company to grow quickly in such a short time.

Video – https://mma.prnewswire.com/media/588610/Tucked_Trunks_video.mp4

SOURCE Tucked Trunks

CoAdvantage Acquires California-based Total HR Management

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TAMPA, Florida, Oct. 25, 2017 /PRNewswire-HISPANIC PR WIRE/ — CoAdvantage Corporation (“CoAdvantage”), a leading national provider of strategic human resource solutions for small to mid-sized companies, announced today that it has acquired California-based Total HR Management (“Total HR”). The acquisition expands CoAdvantage’s national footprint and represents the Company’s first office in California. The acquisition follows the Florida-based PEMCO transaction (Oct-2017) and creates a combined platform serving more than 4,500 clients and approximately 90,000 work site employees with a range of HR outsourced solutions to small and medium sized businesses.

Total HR is a comprehensive human resources administration firm located in Los Angeles, CA that provides outsourced HR services, benefits and payroll to a white-collar client base. Total HR has demonstrated attractive growth while providing high-touch service to their clients, allowing the business to build scale through a reputation of service excellence. The business will become the core of CoAdvantage’s California operations and will service the broader work site employee base, which is now approximately 4,000.

“The acquisition of Total HR provides CoAdvantage with a strategic entry-point to the California market through a strong regional provider with a history of success and service excellence,” said Mike Maseda, President and CEO of CoAdvantage.  “We look forward to coupling our scale with Total HR’s relationship-based service model to further expand our presence in providing high-quality HR support to California’s thriving small business community.”

“CoAdvantage’s scale and resources bring added value to our customers and the California market,” said James Harwood, Founder and CEO of Total HR.  “I am excited to join the CoAdvantage family and look forward to working with the broader CoAdvantage team as we grow our presence in California.” Total HR will form part of CoAdvantage’s West Region and James Harwood will continue with the combined Company as Vice President of California.

CoAdvantage’s acquisition of Total HR follows the Company’s merger with PEMCO in October 2017. Both transactions dramatically increase the Company’s scale while adding strong management talent with similar client-focused operating strategies. These transactions follow the Company’s acquisition of Discovery Outsourcing and Compensation Solutions in 2014.  CoAdvantage now serves approximately 90,000 work site employees in all 50 states, offering the resources of a national provider with a local focus to business owners around the country.

About CoAdvantage
Headquartered in Tampa, Florida, CoAdvantage, Inc. is a leader in human resource solutions, providing Professional Employer Organization (PEO) services to small and medium-sized businesses nationwide. A portfolio company of Morgan Stanley Private Equity, the company has offices throughout Florida and Texas, as well as Colorado, California, New York and New Jersey, serving approximately 90,000 work site employees nationwide. For more information, visit www.coadvantage.com.

About Total HR: Total HR is a California-based Professional Employer Organization (PEO) with over 12 years of experience in providing payroll administration, workers’ compensation, employee benefits and human resource solutions to small-to-medium size businesses in the California region.  Founded in 2004, Total HR has built a strong book of business through service excellence and delivering high quality products to its clients. The business operates out of three client servicing operations: Los Angeles, CA, Orange County, CA and Malone, NY. For more information, visit www.totalhrmanagement.com.

Logo – https://mma.prnewswire.com/media/589924/CoAd_Logo.jpg

SOURCE CoAdvantage Corporation

Let’s Talk Turkey: Skyscanner Breaks Down This Year’s Forecast For Thanksgiving Travel

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MIAMI, Oct. 25, 2017 /PRNewswire-HISPANIC PR WIRE/ — Skyscanner, the global travel search engine, has compiled all the necessary data to aid users as they plan their travel for the Thanksgiving holiday. Before joining the more than 20 million passengers planning to fly to a destination this season, Skyscanner identified the areas of most interest for travelers and unveiled some new data from its more than 60 million monthly users to help guide the decision-making process.

As far as duration of travel, Skyscanner found that the most common itineraries are those lasting four and seven days. This is an interesting data point as it shows travelers are more and more inclined to extend their travel during this time of year. In addition, rather than analyze which airports are expected to receive the most traffic overall during Thanksgiving, Skyscanner created a day-by-day breakdown to show which airports are expected to be busiest and which travelers may want to consider avoiding throughout the entire holiday week. (Note: Seattle, you’re in trouble). 

“The best time to book travel is not only about finding the best fare but also about being prepared for what can undoubtedly be an overwhelming time for air travel,” said Randi Wolfson, Head of Communications for the Americas, Skyscanner. “Our data answers the questions on the minds of most travelers in order to facilitate the booking process as well as the travel experience itself.”

MOST POPULAR TRAVEL ITINERARY DATES

1

–          Flying out Saturday, November 18, 2017

–          Returning Saturday, November 25, 2017

2

–          Flying out Wednesday, November 22, 2017

–          Returning Sunday, November 26, 2017

3

–          Flying out Wednesday, November 22, 2017

–          Returning Monday, November 27, 2017

4

–          Flying out Friday, November 17, 2017

–          Returning Sunday November 26, 2017

 

BUSIEST AIRPORTS

Monday, November 20

–          Boston (BOS)

–          Dallas-Fort Worth (DFW)

Tuesday, November 21

–          Boston (BOS

–          Denver (DEN)

Wednesday, November 22

–          Chicago (ORD)

–          Seattle (SEA)

Thursday, November 23

–          New York-La Guardia (LGA)

–          Seattle (SEA)

Friday, November 24

–          Orlando (MCO)

–          Seattle (SEA)

Saturday, November 25

–          Honolulu (HNL)

–          Orlando (MCO)

Sunday, November 26

–          Newark (EWR)

–          Seattle (SEA)

Skyscanner helps travelers save time and money by finding the best travel options wherever they want to go. As one if not the most anticipated times for travel all year long, Skyscanner encourages travelers to do their research when it comes to booking their travel for the holidays so they are able to find the best deals:

  • Consider nearby airports other than your home airport to help lower costs.
  • The Show Whole Month search tool allows users to view the entire month at-a-glance to determine the best dates by price.
  • Price alerts allow travelers to track the cost of a desired flight route and purchase a fare once the price drops.

For more information, please visit: https://www.skyscanner.com/news/skyscanner-unveils-best-time-book-thanksgiving-flights

About Skyscanner
Skyscanner is a leading global travel search company providing free search of flights, hotels and car rental. Founded in 2003 Skyscanner helps to meet the travel planning needs of over 60 million people each month. Skyscanner is available in over 30 languages. Skyscanner’s highly-rated free mobile app has been downloaded over 60 million times. The privately-owned company employs over 900 staff and has ten global offices in Edinburgh, Singapore, Beijing, Shenzhen, Miami, Barcelona, Glasgow, Sofia, Budapest and London. For more information, please visit http://www.skyscanner.com and our news site.

Methodology:
Skyscanner holiday travel data is based on historic search and exit data collated over the past two years. US to US round-trip travel for one-adult ticket was analyzed.

SOURCE Skyscanner

FIBRA Prologis Announces Third Quarter 2017 Earnings Results

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MEXICO CITY, Oct. 24, 2017 /PRNewswire-HISPANIC PR WIRE/ — FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A logistics real estate in Mexico, today reported results for the third quarter of 2017.

HIGHLIGHTS FROM THE QUARTER:

  • Net effective rent change on rollover increased 13.9 percent.
  • Period-end occupancy was 96.4 percent.
  • Cash same store NOI growth was 3.7 percent.

Funds from operations (FFO) per CBFI was Ps. 0.7508 (US$0.0423) for the third quarter compared with Ps. 0.7730 (US$ 0.0419) for the same period in 2016.

Net earnings per CBFI in the third quarter was Ps. 0.7049 (US$0.0398) compared with earnings of Ps. 0.7020 (US$0.0382) for the same period in 2016.

“Our third quarter results were excellent and are an affirmation of the quality of our portfolio and team,” said Luis Gutierrez, CEO, Prologis Property Mexico. “We continue to push for higher rents while maintaining better-than-market occupancy levels. This is clear evidence that our strategy to own well-located facilities in the most dynamic markets in Mexico is working.”

OPERATING PERFORMANCE

Operating Portfolio

3Q17

3Q16

Notes

Period End Occupancy 

96.4%

96.7%

Twelfth consecutive quarter above 96%

Leases Signed

2.4MSF

2.3MSF

Led by Mexico City with 838KSF

Customer Retention

78.8%

88.8%

Net Effective Rent Change

13.9%

8.0%

Led by regional markets at 23.5%

Cash Same Store NOI

3.7%

1.1%

Same Store NOI

3.6%

-1.6%

FINANCIAL POSITION

As of September 30, 2017, FIBRA Prologis’ liquidity was Ps. 3.6 billion (US$199.0 million), which included Ps. 3.3 billion (US$180.0 million) of available capacity on its unsecured credit facility and Ps. 348.4 million (US$19.1 million) of unrestricted cash. This liquidity does not include a Ps. 2.7 billion (US$150.0 million) accordion feature.

During the quarter, FIBRA Prologis fully repaid one secured debt facility totaling US$37.5 million, that was scheduled to mature this year, and with a debt cost of 6.9 percent. The secured debt facility was repaid with borrowings under the unsecured credit facility at par, decreasing the overall cost of debt by approximately 10 basis points to 3.9 percent quarter-over-quarter.

Also during the quarter, FIBRA Prologis completed two transactions with a syndicate of domestic and international banks for a US$150.0 million unsecured term loan and a new US$325.0 million unsecured credit facility with a US$150.0 million accordion feature, that can be drawn from either product. Both financings have options which extend maturity to 2022. The debt cost of the term loan and new credit facility are approximately 3.3 percent and 3.4 percent, respectively. Proceeds were used to repay the former unsecured credit facility, which was scheduled to mature in 2019. 

“Our 2017 refinancing strategy was completed in the third quarter,” said Jorge Girault, senior vice president, Finance, Prologis Property Mexico. “We have significantly reduced our debt costs while keeping leverage levels steady. Our balance sheet remains a key strength for the company, providing us with enhanced liquidity and flexibility.”

GUIDANCE UPDATE

“We anticipate continued strength in rent change on lease expiration, as well as elevated average occupancy, which will drive our same store performance. As a result, we are increasing our same store NOI guidance,” added Girault. “Due to an unexpected governmental issue at a property, we are decreasing our acquisitions guidance for 2017.”

(US$ in million, except per CBFI amounts)

Previous

Revised

Same Store NOI (Cash)

0.75-1.75%

1.75%-2.50%

Acquisitions

$50.0-100.0

$30.0

WEBCAST & CONFERENCE CALL INFORMATION

FIBRA Prologis will host a live webcast/conference call to discuss quarterly results, current market conditions and future outlook. Here are the event details:

  • Wednesday, October 25, 2017, at 9 a.m. CT/10 a.m. ET
  • Live webcast at www.fibraprologis.com by clicking Events
  • Dial in: +1 877 256 7020 or +1 973 409 9692 and enter Passcode 93296069.

A telephonic replay will be available October 25–November 1 at +1 855 859 2056 from the U.S. and Canada or at +1 404 537 3406 from all other countries using conference code 93296069 and passcode 31833. The replay will be posted in the Investor Relations section of the FIBRA Prologis website.

ABOUT FIBRA PROLOGIS

FIBRA Prologis is a leading owner and operator of Class-A logistics real estate in Mexico. As of September 30, 2017, FIBRA Prologis comprised 194 logistics and manufacturing facilities in six industrial markets in Mexico totaling 34.2 million square feet (3.2 million square meters) of gross leasable area.

FORWARD-LOOKING STATEMENTS

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“FIBRA”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, and (ix) those additional factors discussed in reports filed with the “Comisión Nacional Bancaria y de Valores” and  the Mexican Stock Exchange by FIBRA Prologis under the heading “Risk Factors.” FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.

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Logo – http://mma.prnewswire.com/media/590038/PLD_FIBRA_LOGO_COLOR_2x.jpg

 

SOURCE FIBRA Prologis

Buddy Valastro and Famiglia Whip Up Carlo’s Bakery in California

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Buddy Valastro and his famiglia have whipped up a Carlo's Bakery in Santa Monica, California!

JERSEY CITY, N.J., Oct. 24, 2017 /PRNewswire-HISPANIC PR WIRE/ — On Saturday, November 18, 2017, Carlo’s Bakery will celebrate the grand opening of the famous bakery’s first California location at the Third Street Promenade in Santa Monica, California. This will be the 22nd location for the brand, best known as the setting of the hit TLC series, Cake Boss. The brand is renowned for high turnouts of fans eager to meet and greet celebrity chef Buddy Valastro and his lovable family on opening day.

Buddy Valastro and his famiglia have whipped up a Carlo's Bakery in Santa Monica, California!

The 2,361 square foot Carlo’s Bakery offers the brand’s full menu of signature treats including the cannoli, lobster tail, cupcakes and more. The Santa Monica location will also produce impressive, over-the-top custom cakes for all occasions as featured on Cake Boss.

“We’re taking the bakery to California – I can’t believe it!” exclaims Buddy Valastro. “We’re always asked when we’ll make it out there and I honestly couldn’t be more humbled to say the big day is finally here. Carlo’s Bakery has come such a long way since Hoboken. I’m touched by the outpouring of support and encouragement we receive from fans to grow the business. I know my father would be so proud. I just want to give everyone a little piece of that Hoboken magic and I’m so thrilled that Santa Monica is the next stop on our journey. Come see me and the famiglia on November 18. We can’t wait to meet you!”

The grand opening of Carlo’s Bakery at the Third Street Promenade in Santa Monica, California will be celebrated on Saturday, November 18, 2017. Opening day promises to be especially sweet for those in attendance. Buddy Valastro and his family will hold the brand’s traditional ribbon cutting ceremony at 7:00am. The bakery will open for business immediately following the ceremony with meet and greet opportunities available to patrons. Carlo’s Bakery in Santa Monica is located at 1345 3rd Street Promenade, Santa Monica, CA 90401.

ABOUT CARLO’S BAKERY
Established in 1910, Carlo’s Bakery was catapulted from a Hoboken, NJ-based neighborhood bakery to a household name through the public’s fascination with the over-the-top cakes produced by master baker Buddy Valastro and success of TLC’s hit series, Cake Boss, and subsequent spinoff Next Great Baker. Garnering attention from a variety of media outlets including Brides, Rachael Ray Show, Huffington Post and Good Morning America, Carlo’s Bakery has existing locations in Hoboken, Marlton, Morristown, Red Bank, Ridgewood, Wayne, and Westfield, NJ; Las Vegas, NV; Dallas, Frisco, and, The Woodlands, TX; Uncasville, CT; Orlando, FL; Atlanta, GA; Bethlehem, and Philadelphia, PA; Bloomington, MN (Mall of America®); New York, and Westbury, NY; and São Paulo, Brazil. Follow Carlo’s Bakery on Facebook, Instagram, and Twitter for the latest updates from the brand. For more information, please visit www.carlosbakery.com.

Contact: Nicole Valdes
[email protected]
201-448-8402

Photo – https://mma.prnewswire.com/media/588906/Carlos_Bakery_Buddy_Valastro.jpg

SOURCE Carlo’s Bakery

MoneyGram Foundation and First Book Join to Promote Literacy through Book Donations

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MoneyGram Foundation and First Book Join to Promote Literacy through Book Donations

DALLAS, Oct. 23, 2017 /PRNewswire-HISPANIC PR WIRE/ — MoneyGram, a leading global money transfer and payment services company, is excited to announce that the MoneyGram Foundation and U.S.-based nonprofit organization First Book concluded the multi-city Día de los Libros (Children’s Book Day) event series in Los Angeles. The program, designed to inspire a passion for reading in under-resourced neighborhoods, provided $25,500 for high-quality reading materials in schools nationwide. The series of events launched at Irma C. Ruiz Elementary School in Chicago, the second installment was held in MoneyGram’s headquarter city of Dallas at John F. Peeler Elementary School, and the final Día de los Libros event of this year was held on October 18, 2017 at Belvedere Elementary School in Los Angeles – which received a $3,500 grant to purchase books.

Photo – https://mma.prnewswire.com/media/588863/Group_Picture_First_Book.jpg

The interactive event featured a futbolero performance and a book reading by MoneyGram chairman, Pam Patsley. Students, and additional representatives from MoneyGram, First Book and the Los Angeles Unified School District (LAUSD) attended, Congressman Jimmy Gomez and Field Deputy Cindy Muro of Congresswoman Lucille Roybal-Allard’s office, who provided educational materials, as well as a representative from 98 Cent and Up Outlet, MoneyGram’s friend in business.

An additional $1,500 will be given to support more LAUSD schools to purchase much-needed books to improve reading programs for students, marking the second grant the MoneyGram Foundation has awarded in Los Angeles to support literacy.

With a longstanding goal of inspiring minds at an early age, the MoneyGram Foundation believes education leads to better long-term economic opportunities, healthier families and individual freedom and empowerment – not just for individual children, but also for entire families and their communities.

#moneygramfoundation

About MoneyGram Foundation

MoneyGram established the MoneyGram Foundation in 2012 to help children around the world gain access to educational facilities and learning resources. Its mission is firmly rooted in the belief that education is at the heart of better economic opportunities, healthier families and individual freedom and empowerment. The MoneyGram Foundation is focused on inspiring minds and improving lives and grants funds to deserving organizations with this mission in mind. To learn more, please visit moneygramfoundation.org or connect with us on Facebook.

About MoneyGram International, Inc.

MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. Whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. We also provide bill payment services, issue money orders and process official checks in select markets. More information about MoneyGram International, Inc. is available at moneygram.com.

About First Book

First Book transforms the lives of children in need. Through a sustainable, market-driven model, First Book is creating equal access to quality education—making everything from brand-new, high-quality books and educational resources, to sports equipment, winter coats, snacks, and more—affordable to its member network of more than 325,000 educators who exclusively serve kids in need. Since 1992, First Book has distributed more than 170 million books and educational resources to programs and schools serving children from low-income families in more than 30 countries. First Book currently reaches an average of 3 million children every year and supports more than one in four of the estimated 1.3 million classrooms and programs serving children in need. With an additional 1,000 educators joining each week, First Book is the largest and fastest-growing network of educators in North America exclusively serving kids in need.

Media Contact:

Michelle Buckalew
[email protected]
214-979-1418

MoneyGram Foundation and First Book Join to Promote Literacy through Book Donations

Logo – https://mma.prnewswire.com/media/588889/MoneyGram_Foundation_Logo.jpg

SOURCE MoneyGram Foundation