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Government of Canada supports made-in-Canada zero-emission vehicles

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$7 million for Automotive Parts Manufacturers’ Association to expand Project Arrow and support businesses

MISSISSAUGA, ON, Nov. 8, 2024 /CNW/ – As Canada moves closer to a zero-emissions economy, the federal government remains committed to supporting our Canadian innovators to deliver an end-to-end electric vehicle (EV) supply chain in Canada and globally. Leading that charge is Project Arrow, the first Canadian-made, connected and autonomous vehicle (CAV). The Automotive Parts Manufacturers’ Association (APMA) brought together the best of Canada’s electric-drive, alternative-fuel, connected, and autonomous technology companies, manufacturers and suppliers through Project Arrow to demonstrate our world-class automotive capabilities on a global stage. 

Today, the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) visited Myant Corp., a Mississauga-based textile computing company and leader in digital health technology, where she met with representatives from APMA to announce a $7-million investment for the expansion of Project Arrow 2.0. 

Project Arrow is one of the greatest collaborations in Canadian automotive history, increasing academic institution-led research and supporting talent development and training to demonstrate Canadian automotive ingenuity. A previous FedDev Ontario investment of over $5 million helped facilitate the design and build of Project Arrow, as well as its digital twin, which has been used as a leading virtual platform for testing and validating CAV technologies and parts. Since its launch at the 2023 Consumer Electronic Show in Las Vegas, this all-Canadian-made concept vehicle has been showcased across North America and globally, attracting interest from auto manufacturers and suppliers. The vehicle integrates components from over 55 Canadian businesses, including Myant Corp, which provide knitted sensors and actuators into the fabric of Project Arrow’s steering wheel.

Through this new investment, APMA will build on the success of Project Arrow and continue to work alongside Canadian suppliers, technology companies and academia to expand its fleet of vehicles to demonstrate the competitiveness of Canada’s CAV/ZEV suppliers while strengthening the regional automotive supply chain. This project will create more opportunities for Canadian businesses to demonstrate their capabilities and components in the Project Arrow 2.0 fleet, which will generate investments in the region and across the country, while strengthening the Canadian economy.

The Government of Canada is committed to supporting EV companies and the supply chain to keep Canada at the forefront of the transition to electrification.

Quotes

“Congratulations to APMA as they show the world once again what Canadian auto parts suppliers, manufacturers and tech companies can do when they work together! Today’s investment is advancing our country’s shift towards electrification in the automotive and manufacturing sectors while positioning Canada’s EV workforce for success.” 

–  The Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario

“The Government of Canada’s support for Project Arrow allowed Canadian suppliers to tell their technology innovation and advanced workforce story around the world. The unprecedented demonstration platform’s expansion, in partnership with FedDev Ontario, will enable the APMA to open doors at global automakers for additional Canadian suppliers to help lead their global ZEV transition.” 

–  Flavio Volpe, President, Automotive Parts Manufacturers’ Association

Quick Facts

Founded in 1952, APMA represents OEM producers of parts, equipment, tools, advanced technology and services for the worldwide automotive industry. Canada’s automotive parts shipments are valued at over $35 billion annually, with the industry employing more than 100,000 people.Since 2023, APMA has showcased Project Arrow at conferences and schools, as well as globally at major trade shows, such as the Consumer Electronics Show, Canadian International Auto Show, Autotech, Curiosity Labs, Battery Show and the Silicon Valley Mission. These events showcased Canada’s automotive suppliers and increased global visibility of the project, the APMA, and Ontario and Canada’s automotive supply chains. Collaborating partners/businesses have attracted $500 million in incremental contracts as a result of their involvement in the project.Since 2015, FedDev Ontario has invested nearly $260 million in 70 projects in southern Ontario’s automotive sector.FedDev Ontario is also accepting applications for eligible small- and medium-sized businesses, and the organizations that support them, for projects that support business growth, artificial intelligence and homebuilding innovation. For more information and to apply, visit the FedDev Ontario website.

Associated Links

FedDev Ontario Automotive Parts Manufacturers’ Association (APMA)Project Arrow

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SOURCE Federal Economic Development Agency for Southern Ontario

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TÜV Rheinland Joins SEIA and Reinforces Commitment to the U.S. Solar and Renewable Energy Market

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BOXBOROUGH, Mass., Nov. 12, 2024 /PRNewswire/ — TÜV Rheinland of North America is pleased to announce that it has joined the Solar Energy Industries Association (SEIA), underscoring its commitment to advancing the solar and renewable energy industry in the United States. This step reflects TÜV Rheinland’s dedication to supporting the growth of clean energy and providing world-class services that enhance the bankability and reliability of solar projects across the nation.

“We are excited to join SEIA and contribute to the ongoing transformation of the U.S. energy landscape,” said May Wang, US Segment Manager for Solar & Sustainability at TÜV Rheinland of North America. “Our extensive experience in solar and renewable energy, combined with our global network of state-of-the-art laboratories, dedicated expert teams, and comprehensive solutions, enables us to provide cutting-edge services that drive sustainable growth and ensure long-term success in the U.S. market.”

To further support the growth of U.S. Solar manufacturing and renewable energy stations, TÜV Rheinland offers an extended bankability service, meticulously designed by top experts in the solar industry. This service is specifically tailored to help EPCs, investors, and power plant owners accurately assess the return on investment for their solar projects.

“SEIA is glad to have TÜV Rheinland join our organization as the solar and storage industry continues to scale to meet growing demand for electricity,” said Roderick Lewis, senior vice president of sales and business development at SEIA. “We look forward to collaborating with them to further advance the adoption of solar energy across the United States.”

In addition to these specialized services, TÜV Rheinland provides a comprehensive one-stop solution for renewable energy projects, encompassing supply chain and sustainability services. These offerings ensure that every aspect of a project, from inception to operation, meets the highest standards of quality, efficiency, and environmental responsibility.

As the United States aims to revitalize its solar manufacturing industry and increase the share of renewable energy, TÜV Rheinland stands ready to assist in this transformation. With over 150 years of experience in the independent testing, inspection, and certification (TIC) industry, and 42 years specifically in the solar and renewable energy sector, TÜV Rheinland has established itself as a global leader, providing services that ensure quality, safety, and performance across various industries.

TÜV Rheinland’s dedicated team of experts spans Europe, India, the Middle East, Asia, Mexico, and Americas, as well as company’s solar laboratories in Cologne, Shanghai, and Bangalore are at the forefront of innovation, serving top-tier solar panel and PV cell manufacturers worldwide offering unparalleled support to Solar & Energy Storage System power plants.

For more information regarding the solar business, please visit www.tuv.com/solar or contact solar@us.tuv.com.

About TÜV Rheinland
Safety and quality in almost all areas of business and life: That’s what TÜV Rheinland stands for. The company has been active for more than 150 years and is one of the world’s leading testing service providers. TÜV Rheinland has more than 22,000 employees in over 50 countries and generates annual sales of more than 2.4 billion euros. TÜV Rheinland’s highly qualified experts test technical systems and products around the globe, accompany innovations in technology and business, train people in numerous professions and certify management systems according to international standards. In this way, the independent experts ensure trust along global flows of goods and value chains. Since 2006, TÜV Rheinland has been a member of the United Nations Global Compact for more sustainability and against corruption.
Website: www.tuv.com

About SEIA
The Solar Energy Industries Association® (SEIA) is leading the transformation to a clean energy economy, creating the framework for solar to achieve 30% of U.S. electricity generation by 2030. SEIA works with its 1,000 member companies and other strategic partners to fight for policies that create jobs in every community and shape fair market rules that promote competition and the growth of reliable, low-cost solar power. Founded in 1974, SEIA is the national trade association for the solar and solar + storage industries, building a comprehensive vision for the Solar+ Decade through research, education and advocacy. Website: www.seia.org

CONTACT:
Michael García Carbajal
Phone: +52 55 3488 2108
Email: Michael.Garcia@mex.tuv.com

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SOURCE TUV Rheinland

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Equity 1031 Exchange Introduces Cash Incentive Program for 1031 Exchange Referrals

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New program rewards real estate professionals with $225 for qualified referrals

FORT MYERS, Fla., Nov. 12, 2024 /PRNewswire/ — Equity 1031 Exchange is thrilled to announce the launch of a new referral program that offers cash incentives to real estate professionals. The program, which provides a $225 reward for each successful referral, creates new opportunities for real estate agents and brokers to grow their business while connecting their clients with experienced 1031 exchange services.

As investors increasingly seek tax-efficient investment strategies through 1031 exchanges, which require a Qualified Intermediary (QI), this program helps connect real estate professionals with an experienced QI.

“We’re introducing this program to recognize and reward the real estate professionals who trust us with their clients’ 1031 exchange needs,” said Theresa Knower, President of Equity 1031 Exchange. “This program demonstrates our commitment to working with real estate professionals while providing tangible value for their referrals.”

Program highlights:

$225 reward upon completion of first property sale in exchangeStreamlined digital onboarding processAdvanced dashboard for tracking referrals and earningsAccess to expert 1031 exchange advisorsNo cap on earning potential

The program’s launch builds upon Equity 1031 Exchange’s 25-year legacy of excellence, formerly as Midland 1031, and introduces a modern approach to professional referrals. Real estate professionals can now benefit from their network while ensuring their clients receive personalized service through complex 1031 exchange transactions.

Simple three-step process:

Complete and submit referral agreementAccess personalized tracking dashboardEarn rewards upon qualifying transactions

“Our goal is to build strong professional relationships,” added Knower. “We’re offering this incentive because we’re confident that once real estate professionals experience our service quality, they’ll see the value in recommending us to their clients.”

Interested real estate professionals can get more details on the program and sign up here.

About Equity 1031 Exchange

Equity 1031 Exchange is a Qualified Intermediary (QI) under IRS Section 1031, specializing in facilitating seamless, tax-deferred real estate exchanges. With decades of industry experience, Equity 1031 Exchange is dedicated to helping investors preserve and grow their wealth by navigating the complexities of 1031 exchanges. Our team of experienced professionals ensures that each transaction is handled with precision to help you ensure compliance with IRS regulations. Learn more at https://getequity1031.com/.

For more information contact:
Lori Hartigan
Senior Marketing Manager
Equity 1031 Exchange
Email: l.hartigan@trustetc.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/equity-1031-exchange-introduces-cash-incentive-program-for-1031-exchange-referrals-302303145.html

SOURCE Equity Trust Company

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Pye-Barker Fire & Safety Acquires Sonitrol New England, Enters New Markets and Marks First Rhode Island Location

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ATLANTA, Nov. 12, 2024 /PRNewswire/ — Pye-Barker Fire & Safety – the largest fully integrated and full-service fire protection, life safety and security services provider in the United States – has acquired Sonitrol New England, a regional leader in security and fire alarm services, from the Sonitrol Security Systems network. From this acquisition, Pye-Barker gains two new branches in Rocky Hill, Connecticut, and Riverside, Rhode Island. This marks Pye-Barker’s first location in the state of Rhode Island, helping Pye-Barker expand its full fire code compliance services in the Northeast.

This marks Pye-Barker’s first location in Rhode Island, helping Pye-Barker expand its services in the Northeast.

Sonitrol New England works with thousands of New England customers to protect their businesses, schools, government buildings, healthcare facilities and other commercial entities. The team designs and services fire detection, intrusion detection, video surveillance, panic buttons, access control, and emergency communication systems.

Since its founding in 1972 by Doug Curtiss, Sonitrol New England has remained at the forefront of the latest security technology and team training, efficiently transmitting alarm information to emergency dispatch and first responders.

“For over 50 years, Sonitrol New England has been committed to protecting our neighbors and building highly skilled local teams,” said Doug Curtiss, Sonitrol New England Founder and President. “Joining Pye-Barker is a unique opportunity to add more fire protection services to our offerings and expand career development for our team, while maintaining the localized service that our customers trust.”

“At the heart of Pye-Barker are the local teams who are out protecting their communities every day,” said Bart Proctor, Pye-Barker CEO. “As we continue expanding our geographic footprint, we are proud to bring aboard hardworking teams like those at Sonitrol New England and support their continued service in the neighborhoods where they live and work.”

Sonitrol New England was represented by Mark Sandler, Managing Director at SPP Advisors, in this transaction. Nelson Mullins Riley & Scarborough LLP represented Pye-Barker.

About Pye-Barker Fire & Safety

The U.S. leader in fully integrated life safety systems, Pye-Barker Fire & Safety provides complete fire protection and security systems nationwide. With over 230 locations and 7,000 team members nationwide, Pye-Barker ranks No. 849 on the Inc. 5000 and No. 8 on the SDM 100.

Pye-Barker continues to explore strategic acquisition opportunities. Visit pyebarkerfs.com/acquisitions to see why we’re the industry’s acquirer of choice.

Contact:

Eric Garner
Chief Business Development Officer
801.395.8738
eric.garner@pyebarkerfs.com

Media:

Alycia Volpe
media@pyebarkerfs.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/pye-barker-fire–safety-acquires-sonitrol-new-england-enters-new-markets-and-marks-first-rhode-island-location-302303152.html

SOURCE Pye-Barker Fire & Safety

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