DALLAS, Oct. 4, 2023 /PRNewswire/ — Comerica Bank earned top honors for its small business “Opportunity for All” marketing campaign as part of the American Bankers Association’s (ABA) Brand Slam awards, winning first place in the prestigious integrated marketing campaign category.
Comerica’s “Opportunity for All” campaign, targeting the Dallas-Fort Worth metroplex, highlights the bank’s resources and programs designed to bring value to its small business customers. The campaign features Comerica’s innovative resources for small businesses that include:
Comerica’s ‘Opportunity for All’ campaign earns American Bankers Association’s Brand Slam award.
Comerica SmallBizCo-op™: Provides free unique offerings to small business customers that includes advertising through Comerica’s sports advertising inventory and display ads across its banking centers; access to competitive market research and intuitive data analysis allowing for informed business decisions; free tickets to sporting events to entertain clients or reward employees; and discounts and rewards from Comerica’s business partners.
Comerica CoWorkSpaces™: Provides free office space for small business customers and local nonprofits to work, meet and collaborate with access to secure Wi-Fi, printing capabilities and beverages. The program provides common space, private space, conference space and community space holding up to 40 people.
Comerica BusinessHQ™: Serving to empower high-need, high-opportunity small businesses and community partners in the Southern sector of Dallas, BusinessHQ is an 8,000-square-foot office area providing a mix of coworking spaces, incubation fellowships and technical assistance for its members. The facility is complete with Wi-Fi, video conferencing rooms, content creation equipment, technical assistance and more.
“The ‘Opportunity for All’ campaign showcases the advanced resources and services Comerica is delivering to our small business customers,” said Jim Weber, Comerica Executive Vice President, Chief Experience Officer. “Small businesses are the backbone of our local communities, and we recognize they may not have access to all the necessary resources. The marketing speaks to our belief that everyone deserves a fair shot at success and shows exactly how Comerica is innovating to help its customers reach their goals.”
Comerica has seen a return on the campaign with a 24% increase in new customer acquisition over its baseline acquisition from the prior year. It has also translated into numerous earned media opportunities across the Dallas-Fort Worth market.
A volunteer panel of 90 Certified Financial Marketing Professional-credentialed experts judged the submissions based on concept, strategy, creativity, execution and impact/results across six categories that included integrated marketing, video, public relations/community engagement, website redesign, social media and out-of-the-box ideas.
A complete list of the ABA’s Brand Slam award winners is available here.
About American Bankers Association
The American Bankers Association is the voice of the nation’s $23.5 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2.1 million people, safeguard $18.6 trillion in deposits and extend $12.3 trillion in loans.
About Comerica
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management. Comerica, one of the 25 largest U.S. financial holding companies, focuses on building relationships and helping people and businesses be successful. Comerica provides more than 400 banking centers across the country with locations in Arizona, California, Florida, Michigan and Texas. Founded 174 years ago in Detroit, Michigan, Comerica continues to expand into new regions, including its Southeast Market, based in North Carolina, and Mountain West Market in Colorado. Comerica has offices in 17 states and services 14 of the 15 largest U.S. metropolitan areas, as well as Canada and Mexico. Comerica reported total assets of $90.8 billion at June 30, 2023. Learn more about how Comerica is raising expectations of what a bank can be by visiting www.comerica.com, and follow us on Facebook, Twitter, Instagram and LinkedIn.
The United States home loan market is expected to experience significant growth to 2028
The United States home loan market is undergoing a transformation, driven by several key factors that are reshaping the lending landscape. These factors include a growing pool of potential homebuyers, the automation of loan processes, and the pervasive trend of digitalization.
Home loans, typically extended by financial institutions, serve as the financial backbone for individuals aspiring to acquire residential properties. These properties can range from completed, move-in-ready homes to those still in construction phases. Banks and non-banking financial companies (NBFCs) both offer home loans, often determining interest rates based on the borrower’s creditworthiness. These loans commonly come with lengthy repayment periods of up to 30 years, structured through equated monthly installments (EMIs).
In recent years, the demand for mortgages in the United States has experienced a notable upswing, primarily catalyzed by heightened home purchasing activities during the COVID-19 pandemic. Consequently, this surge has generated substantial demand within the purchase market, attracting banks, nonbank lenders, and investors operating in the mortgage sector.
Furthermore, despite the economic repercussions of the pandemic, the desire for homeownership in the United States remains unwavering. The broader economic expansion and the growth in the number of households have contributed to the increasing rate of homeownership.
Notably, 2020 witnessed a 2.6% annual uptick in homeownership, welcoming over 2.1 million new homeowners into the fold. Geographically, the Midwest and South regions of the United States exhibit higher homeownership rates compared to the Northeast and West. With this surge in homeownership, a concurrent rise in the demand for home loans is anticipated.
Automation has emerged as a pivotal force in streamlining the home loan process, substantially elevating the overall customer experience. The mortgage industry has eagerly embraced technology to expedite and simplify mortgage applications, thereby widening access to home financing and home-buying services.
A cornerstone of this technological revolution is digitalization, with the U.S. digital payments sector expanding at a commendable rate of 23%. These technological strides are designed to expedite mortgage applications, curtail expenses, and enhance the overall client journey. Consequently, the escalating wave of digitalization is poised to further propel the United States home loan market.
The ascendancy of nonbank lenders has introduced a seismic shift in the market landscape. Nonbank lenders have emerged as a credible alternative, especially for borrowers seeking refinancing options. Over the past decade, nonbank mortgage lenders have not only gained market share but have also eclipsed traditional banks in prominence.
In 2020, seven out of the top ten mortgage lenders in the United States hailed from the nonbank sector. These lenders have strategically invested in diverse technologies to fortify their operations, spanning from platform modernization to automated compliance solutions. Consequently, the continued ascent of nonbank lenders is set to stoke the growth engine of the home loan market.
In summation, the United States home loan market stands at the cusp of substantial growth, underpinned by a confluence of factors, including surging demand, automation enhancements, and the burgeoning influence of nonbank lenders.
Market Dynamics
Market Trends & Developments
Increasing number of fintech companies
Rising focus towards loan sector by Bank and NBFCs
Increasing construction activities
Rapid urbanization
Attractive marketing strategies
Drivers
Increasing home ownership
Automation in loan process
Growth of nonbank lenders
Challenges
Security concerns
Surging competition
Competitive Landscape
Bank of America Corporation
JPMorgan Chase & Co.
Citigroup, Inc.
Wells Fargo & Co.
U.S. Bancorp
PNC Financial Services Group, Inc.
American Express Company
Ally Financial Inc.
Truist Financial Corporation
Goldman Sachs & Co. LLC.
Voice of Customer Analysis
Sample Size Determination
Respondent Demographics
By Gender
By Age
By Occupation
Brand Awareness
Factors Influencing Loan Availing Decision
Sources of Information
Challenges Faced
Impact of COVID-19 on United States Home Loan Market
About ResearchAndMarkets.com ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
NEWBURGH, N.Y., Oct. 4, 2023 /PRNewswire/ — Prestige Medical Imaging (‘PMI’) is a leading provider of medical imaging technologies in the Eastern United States. Incoming CEO, Mr. Larry Hicks, has a successful track record of growth and exits in Private Equity sponsored healthcare segment companies in a distinguished career to date.
Hicks commented, “I am excited to be joining a true market leader that has outstanding service as its core value. I look forward to working with Bill, Peter, and the rest of the team, on the next exciting phase of growth.”
Together with their Private Equity sponsor, Atlantic Street Capital (‘ASC’), that invested with PMI in September of 2021, this appointment is an important step in the strategic development of the business, as it looks to continue growth and further establish a high-quality executive team to support the next phase of development.
Founder and former PMI CEO, Mr. Bill Haussmann, has been appointed as Executive Chairman of the Board for the PMI business and commented, “Finding an executive with the requisite experience and team building skills was our priority, I am pleased to welcome Larry to the team. He will have my full support as he leads PMI through our next phase of growth.”
Managing Partner for Atlantic Street Capital, Mr. Peter Shabecoff, commented, “We are delighted to welcome a leader of Larry’s experience and caliber to the position of CEO at PMI.” He continued, “With an established leadership presence on the East Coast, we are now laying the groundwork for continued expansion into additional territories and modalities; and believe Larry can help us accelerate that growth. We continue to look for appropriate service-led opportunities in the sector.”
About Prestige Medical Imaging
Prestige Medical Imaging is the largest independent radiology service and solutions provider in the Eastern United States. Founded in 2003, PMI is headquartered in Newburgh, NY and has 10 regional offices located across 6 states. With experienced field service engineers and a committed sales staff, PMI proudly serves hospitals, imaging centers, medical groups, orthopedic practices, and professional sports teams; providing the medical imaging technology, support, products, and training necessary to keep mission-critical environments running smoothly. Prestige Medical Imaging is the Official X-Ray Equipment Provider of the NBA. For more information, visit www.prestigemedicalimaging.com.
About Atlantic Street Capital
Atlantic Street Capital is a private equity firm that invests in lower middle market companies with between $4 million and $25 million in EBITDA. The firm invests in fundamentally sound companies that will benefit from capital investment and value-added strategic and operational initiatives. Atlantic Street Capital’s approach involves hands-on investors who work closely with management to unlock their business’ underlying value and help them succeed. The firm is currently making investments in Atlantic Street Capital V, LP. For more information, visit www.atlanticstreetcapital.com.
Merkin Prize honors Dr. Caruthers’ transformative work synthesizing DNA
CAMBRIDGE, Mass., Oct. 4, 2023 /PRNewswire/ — Dr. Richard Merkin, Founder and CEO of Heritage Provider Network, and members of the team at the Broad Institute of MIT and Harvard, awarded Dr. Marvin Caruthers, of the University of Boulder Colorado, the inaugural Richard Merkin Prize in Biomedical Technology in a daylong celebration and gala dinner recognizing Dr. Caruthers’ groundbreaking work in synthesizing DNA.
The Electrically Conductive Carbon Additives Market is likely to rise at a CAGR of 17.4% during 2023-2028, to reach US$ 5.4 billion in 2028, states Stratview Research.
DETROIT, Oct. 4, 2023 /PRNewswire/ — Stratview Research, a global market research firm has launched a report on the Electrically Conductive Carbon Additives Market which provides a comprehensive analysis of the global and regional industry forecast, current & emerging trends, segment analysis, and competitive landscape.
Segment Insights on the Electrically Conductive Carbon Additives Market
The Electrically Conductive Carbon Additives Market is segmented based on Material type, Application Type, End-Use Industry Type, and Region.
Based on the material type – The electrically conductive carbon additives market is segmented into carbon black, graphite, CNT, CNF, and graphene. In terms of value and volume,carbon black is likely to remain at the forefront during the forecast period. Carbon black is ideally suited for applications in li-ion batteries, advanced lead-acid batteries, alkaline batteries, and electrical components. The low surface area of conductive carbon blacks shows a particular advantage for dispersion and easy processing.
Based on the application type – The electrically conductive carbon additives market is segmented into plastics/compounds, adhesives/sealants, coatings, inks, elastomers, and energy storage. Energy storageremained the biggest demand generator during the forecast period.
Based on end-user type – The market is segmented into Automotive, Aerospace & Defense, Electrical & Electronics, Industrial, and Consumer Goods. The automotive industry is likely to remain the biggest demand-generator of the market till 2028. A huge inclination towards the electrification of vehicles globally, resulting in a massive demand for batteries, is ultimately likely to give an impetus to the market in the long term.
Which Region Offers the Best Opportunity and Growth?
The report suggests that Asia-Pacific is expected to remain the largest market for electrically conductive carbon additives during the forecast period. This growth is majorly attributed to the following –
China leads the global automotive and EV market. It also has huge dominance in the electricals and electronics, consumer goods, and industrial sectors.
Most of the electrically conductive carbon additive suppliers have their presence in the region to address the emergent needs of customers and to be the partners for their plans.
Likewise, North America and Europe are also likely to create sizeable opportunities in the coming five years, driven by an expected rebound in vehicle production coupled with a paradigm shift from ICE to electric vehicles.
Some of the key drivers listed in the report are given below.
Increasing demand for EMI shielding due to the rising applications of electronic components in various end-use industries along with emerging technologies such as 5G network, IoT, and advanced driver assistance.
An incessant shift from traditional ICE vehicles to EV vehicles, resulting in heavy demand for electrically conductive carbon additives in li-ion batteries.
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at [email protected]
Top Companies in the Electrically Conductive Carbon Additives Market?
The Electrically Conductive Carbon Additives Market is fairly consolidated with the presence of some regional and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the electrically conductive carbon additives market.
Aditya Birla Carbons
Asbury Carbons
Cabot Corporation
Orion Engineered Carbons S.A.
Tokai Carbon
Imerys Group
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Electrically Conductive Carbon Additives Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and forecast
Who are the top players and their market positioning?
Stratview Research is a global market research firm that specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. The reliability and insightfulness of the reports enable the readers to make convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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First Friday Weekend in Kansas City’s West Bottoms Historic District, October 6-8
KANSAS CITY, Mo., Oct. 4, 2023 /PRNewswire/ — The Historic West Bottoms District is brewing up a cauldron of excitement as the annual Boo in the Bottoms event descends upon the First Friday Weekend this October 6-8. The bewitching shopping tradition brings monsters to the West Bottoms streets from the Beast Haunted Attraction to add levity for shoppers and trick-or-treaters without any scaring during the day. The event offers trick-or-treat bags at Java Garage. Treats will be shared by participating stores–and there will be spooky photo ops around the district.
Boo in the Bottoms annual event in Kansas City’s Historic West Bottoms District includes some Beasts from the nationally acclaimed attractions in the area. Daytime monsters are for photo-ops and fun – no scaring.
While the scare season is upon the district’s haunted houses in the evenings, it’s October, so many shoppers are getting a jump on gifts and furnishings curated by store designers who prefer a décor style with an aged patina, a story, or unique flair that can’t be mass-produced.
There are over 30 stores on multiple floors within the many massive historic buildings in the district. Good JuJu, the original store established after the haunted attractions helped revitalize the area, is celebrating its 16th anniversary. “It’s fun reflecting on the early days versus now as shopping the West Bottoms has become a tradition for thousands of people every First Friday Weekend,” said Pam Kenney, owner of Good JuJu. “We are blessed that our merchandise and store are a mainstay in the district.”
Amber Arnett-Bequeaith, the district’s official spokesperson and the illustrious Queen of the Haunts, shared her excitement, “West Bottoms stores have some fun with haunt décor and sweet treats at this Boo in the Bottoms event. Many will also showcase what shoppers are seeking to get started for upcoming holidays.”
The evening in West Bottoms is aglow with the fire twirlers and outside scare cast on the streets to entertain for the Festival in the Full Moon and the acclaimed haunted attractions, including the Beast, Edge of Hell, and Macabre Cinema. The haunted attractions are open Thursday through Saturday and additional nights as Halloween approaches.
The Festival of the Full Moon is a monthly extravaganza with themes carefully selected to complement the historic district’s rich heritage. Upcoming themes for the First Friday Weekend include Blessings in the Bottoms – Nov. 3-5, and December weekends will feature Bows in the Bottoms starting December 1.
Boo in the Bottoms Weekend Planner:
West Bottoms’ Shopping – The Festival of the Full Moon Weekend embraces the “Boo in the Bottoms” theme from October 6-8. Most shops are open from 9 am to 6 pm on Friday and Saturday and from 11 am to 4 pm on Sunday. Admission is free, and for specific store hours, check their Facebook pages.
Meet and Greet Haunt Villains – Child-Friendly from 10 a.m. to 3 p.m. on Fridays and Saturdays. Treat bags are available at Java Garage – 1323 W 13th St, Kansas City, MO 64101. Participating stores offering free treats.
Good JuJu– 1420 W 13th Terrace, Kansas City, MO 64101 Celebrates 16 years, opening at 9 a.m. with giveaways while supplies last.
Beast, Edge of Hell, Macabre Cinema– Doors open at 7:30 p.m. on Thursday and Friday and at 6:30 p.m. on Saturday. Macabre Cinema opens an hour later on Friday and Saturday nights only. Closing times vary. The attractions will be open on Halloween and the evenings prior as well.
Full Moon Escape– For those seeking thrills, the Escape Games offer slots for groups of under 11 people to test their wits and solve puzzles to escape locked rooms within 60 minutes. While not terrifying, these games promise an adrenaline rush. Visit the website for available time slots.
About the Historic West Bottoms Historic Entertainment District The Historic West Bottoms Historic Entertainment District, located just off the 12th Street Bridge, has 22 warehouses in a thirteen-block area with approximately 600 vendors and more than 30 stores and restaurants. Many of its large, multi-story buildings have origins well over a century ago. These repurposed, vast spaces form the largest indoor vintage entertainment district year-round. The West Bottoms is the destination for interior decorators, designers, collectors, and consumers seeking stylish décor and gift options with a one-of-a-kind history and patina. westbottoms.com
