Trade Associations
News releases, reports, statements and associated documents from national and international trade associations influencing the debate on federal policies.
Featured Stories
Kaishan Recognized With Frost & Sullivan's 2024 Global Competitive Strategy Leadership Award for Its Outstanding Contributions to the Industrial Air Compressor Industry
SAN ANTONIO, Texas, Oct. 22 -- Frost and Sullivan, a provider of market research and analysis, growth strategy consulting and corporate training services across multiple industries, issued the following news release on Oct. 21, 2024:
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Kaishan's robust R&D capabilities, strategic manufacturing processes, and energy-efficient solutions position it as a global leader in air compression technology.
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Frost & Sullivan recently researched the industrial air compressor industry and, based on its findings, recognizes Kaishan (https://kaishanusa.com/) with the 2024 Global Competitive Strategy
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SAN ANTONIO, Texas, Oct. 22 -- Frost and Sullivan, a provider of market research and analysis, growth strategy consulting and corporate training services across multiple industries, issued the following news release on Oct. 21, 2024:
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Kaishan's robust R&D capabilities, strategic manufacturing processes, and energy-efficient solutions position it as a global leader in air compression technology.
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Frost & Sullivan recently researched the industrial air compressor industry and, based on its findings, recognizes Kaishan (https://kaishanusa.com/) with the 2024 Global Competitive StrategyLeadership Award. Kaishan is a world-leading developer and manufacturer of air compressors, offering a comprehensive portfolio of over 400 products and solutions that address the unique air compression requirements of industries such as aerospace, construction, agriculture, and food and beverage.
With five global R&D centers, over 300 patents, and over 70,000 compressors manufactured each year globally, Kaishan's technological innovation capabilities have set new standards in energy-efficient compressor technology. These innovations include outstanding solutions such as patent-protected two-stage compression engines and waste heat recovery systems that reduce environmental impact and operational costs. Moreover, Kaishan's strategic focus on market-oriented innovations enabled the company to develop critical technologies and unique manufacturing techniques, incorporating digitalization and automation across its production lines.
Kaishan provides numerous related compressor equipment, parts, and services that ensure complete air compression solutions for its customers. It includes pneumatic downstream and upstream accessories that enhance system reliability by removing impurities such as water, dirt, or lubricating oil, resulting in clean and dry compressed air.
"Frost & Sullivan commends Kaishan for leveraging its robust R&D and strategic manufacturing capabilities to drive its ongoing transition from a local Chinese brand to a globally leading air compressor manufacturer. Its competitive edge lies in delivering a compelling combination of product quality and affordability, effectively meeting its broad customer base's diverse needs," said Nancy Wang, senior consultant at Frost & Sullivan.
Kaishan further distinguishes itself from competitors through its fully vertical manufacturing capacity, which gives the company complete control over the entire material supply chain. Therefore, Kaishan can swiftly adapt to fluctuating market conditions, launching innovative products faster than many of its peers in the industry while maintaining stringent quality control measures.
Additionally, the company's strategic approach to manufacturing fueled its expansion into international markets, including the United States, Southeast Asia, Middle-East Area, India, Oceania and Europe. Kaishan's manufacturing hubs in China, the United States, and Austria support its global growth objectives by reducing production costs and lead times, which strengthen its market leadership and drive sustainable growth on a global scale.
"Furthermore, unlike its contemporaries, Kaishan maintains a fully vertical manufacturing capacity, designing and producing 85% of its compressor components in-house. This unique capability allows the company complete control over the material supply chain, component costs, and product quality. As a result, Kaishan can respond rapidly to changing market demands, enabling it to launch new products quickly and cost-effectively," noted Sama Suwal, best practices research analyst at Frost & Sullivan.
Each year, Frost & Sullivan presents this award to the company that has leveraged competitive intelligence to successfully execute a strategy that results in stronger market share, competitive brand positioning, and customer satisfaction.
Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
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About Kaishan
KAISHAN founded in 1956, with a history of more than 65 years. Has established the wholly-owned manufacturing bases and R&D Center in the USA, Austria and China.Adhering to the principle of "Engineering The Future", Kaishan has made clear long-term development Mission and Vision:
Mission: Conserving our Planet
Vision:
* A World-leading comprehensive compressor manufacturer
* A world-leading equipment manufacturer and operator of geothermal power plants
* A major participant in the development and operation of ammonia from green hydrogen
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Original text here: https://www.frost.com/news/press-releases/kaishan-recognized-with-frost-sullivans-2024-global-competitive-strategy-leadership-award-for-its-outstanding-contributions-to-the-industrial-air-compressor-industry/
[Category: BizConsulting]
IBM Corporation Wins the AFP 2024 Pinnacle Awards
BETHESDA, Maryland, Oct. 22 -- The Association for Financial Professionals issued the following news release:
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The Association for Financial Professionals (AFP) annually recognizes the leading treasury and finance groups for innovation, collaboration and results.
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Nashville, Tenn. -- IBM Corporation was named the winner of the AFP 2024 Pinnacle Awards Grand Prize for excellence in treasury and finance. The Pinnacle Awards Grand Prize, sponsored by Truist, was presented during AFP 2024 in Nashville, Tenn. The Grand Prize was chosen through a vote by treasury and finance professionals.
IBM
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BETHESDA, Maryland, Oct. 22 -- The Association for Financial Professionals issued the following news release:
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The Association for Financial Professionals (AFP) annually recognizes the leading treasury and finance groups for innovation, collaboration and results.
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Nashville, Tenn. -- IBM Corporation was named the winner of the AFP 2024 Pinnacle Awards Grand Prize for excellence in treasury and finance. The Pinnacle Awards Grand Prize, sponsored by Truist, was presented during AFP 2024 in Nashville, Tenn. The Grand Prize was chosen through a vote by treasury and finance professionals.
IBMCorporation's submission focused on linking its treasury cash management efforts into its overall enterprise performance management framework and investor reporting goals for free cash flow (FCF). In a collaborative effort, the team took a manual, complex and fractured process and standardized it into the Treasury Technology Platform.
IBM Corporation's solution provides real-time visibility, actionable insights and increased speed to action. IBM achieved over 90% error-free data, decommissioned 8+ tools, freed up thousands of personnel hours and contributed to a $1 billion increase in FCF, with ongoing enhancements expected to drive further growth.
"AFP is proud to recognize IBM Corporation with the 2024 Pinnacle Awards Grand Prize," said Jim Kaitz, President & CEO of AFP. "IBM Corporation's unique solution is an example of how digitization and standardization can deliver significant time, labor and cost savings."
Truist donated $10,000 to the charity of IBM Corporation's choice, the American Cancer Society, a leading cancer-fighting organization with a vision of ending cancer as we know it, for everyone.
"Truist is committed to empowering our clients to navigate the complexities of treasury and finance with confidence," said Chris Ward, head of Enterprise Payments at Truist. "Our support for initiatives like the AFP Pinnacle Awards and the 2024 AFP Payments Fraud and Control Survey reflects our dedication to identifying new opportunities for our industry and delivering innovative solutions. Congratulations to IBM Corporation on their accomplishments and we are pleased to celebrate their success with a donation to the American Cancer Society."
The runners-up for the Grand Prize were ASML and Clarion Partners. Along with IBM Corporation, these organizations were selected as finalists for their ability to demonstrate innovative solutions that advance both their organizations and the treasury and finance profession.
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About AFP(R)
Headquartered outside of Washington, D.C., and located regionally in Singapore, the Association for Financial Professionals (AFP) is the professional society committed to advancing the success of treasury and finance members and their organizations. Established and administered by AFP, the Certified Treasury Professional and Certified Corporate FP&A Professional credentials set standards of excellence in treasury and finance. Each year, AFP hosts the largest networking conference worldwide for about 6,000 corporate financial professionals.
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Original text here: https://www.afponline.org/about/learn-more/press-releases/Details/ibm-corporation-wins-the-afp-2024-pinnacle-awards
[Category: Financial Services]
ASSP and S4NP Form Alliance to Advance Worker Safety
PARK RIDGE, Illinois, Oct. 22 -- The American Society of Safety Professionals issued the following news release:
The American Society of Safety Professionals (ASSP) and Safety For NonProfits (S4NP) have signed a memorandum of understanding to advance worker safety and health.
"We recognize the benefits of collaboration to improve occupational safety and health practices while elevating the voice of our profession," said ASSP President Pam Walaski, CSP, FASSP. "Together we strive to strengthen advocacy efforts that reduce worker illnesses, injuries and fatalities."
The two organizations will
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PARK RIDGE, Illinois, Oct. 22 -- The American Society of Safety Professionals issued the following news release:
The American Society of Safety Professionals (ASSP) and Safety For NonProfits (S4NP) have signed a memorandum of understanding to advance worker safety and health.
"We recognize the benefits of collaboration to improve occupational safety and health practices while elevating the voice of our profession," said ASSP President Pam Walaski, CSP, FASSP. "Together we strive to strengthen advocacy efforts that reduce worker illnesses, injuries and fatalities."
The two organizations willcross-promote volunteering opportunities while sharing content and amplifying the stories of members and member communities. The purpose is to build a larger and more engaged safety community and encourage the sharing of trusted guidance to drive positive workplace safety outcomes.
S4NP will pursue involvement in ASSP's Leadership Conference events while ASSP will help promote S4NP's story and mission during National Volunteer Week in April.
"Our mutual interests in increasing engagement and advancing worker safety create opportunities to work together and help charitable nonprofits in our communities be safer and better," said Jack Geissert, founder and president of S4NP.
The new one-year alliance is among many joint agreements ASSP now has in place to improve the well-being of workers in all industries. S4NP also has several partnerships in place geared to further its organizational goals of advancing occupational and environmental health and safety practices in the charitable nonprofit sector.
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ASSP is the world's oldest professional safety organization with 35,000 members advancing worker well-being and the safety and health profession since the Society's inception in 1911. ASSP provides member communities, serves as a trusted advisor and elevates safety through workforce development. Learn more at http://www.assp.org.
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S4NP is a registered 501(c)(3) nonprofit corporation that promotes the fundamental human right to a safe and healthy workplace while supporting the values of charitable work. It delivers professional workplace environmental, health and safety services on a pro bono basis to nonprofit organizations. S4NP volunteers are active in more than 20 states, assisting a diverse group of nonprofits in protecting their employees, volunteers and the public. Visit http://www.s4np.org.
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Original text here: https://www.assp.org/news-and-articles/assp-and-s4np-form-alliance-to-advance-worker-safety
[Category: Engineering]
API Welcomes Court Decision Averting Shutdown of Gulf of Mexico
WASHINGTON, Oct. 22 -- The American Petroleum Institute issued the following statement on Oct. 21, 2024:
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The American Petroleum Institute (API) issued the following statement from Senior Vice President and General Counsel Ryan Meyers after a federal court granted the National Marine Fisheries Service (NMFS) more time to complete a new biological opinion for the U.S. Gulf of Mexico and avoid significant consequences for American energy security.
"We welcome the court's pragmatic decision to allow NMFS more time to complete a new biological opinion for oil and natural gas operations in the
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WASHINGTON, Oct. 22 -- The American Petroleum Institute issued the following statement on Oct. 21, 2024:
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The American Petroleum Institute (API) issued the following statement from Senior Vice President and General Counsel Ryan Meyers after a federal court granted the National Marine Fisheries Service (NMFS) more time to complete a new biological opinion for the U.S. Gulf of Mexico and avoid significant consequences for American energy security.
"We welcome the court's pragmatic decision to allow NMFS more time to complete a new biological opinion for oil and natural gas operations in theU.S. Gulf of Mexico. Today's ruling provides only temporary relief and work still must be done to avoid disruptions to the backbone of our nation's energy supply. We stand ready to work with NMFS and offer our industry's expertise to complete a new biological opinion that balances environmental protection and the world's growing need for affordable, reliable energy."
Earlier this year, the U.S. District Court for the District of Maryland vacated the NMFS 2020 Biological Opinion for Gulf of Mexico Oil and Gas activities (BiOp) effective December 20. By vacating the BiOp without allowing enough time for NMFS to issue a new one, the court decision had threatened to shut down new and existing oil and natural gas operations in the U.S. Gulf of Mexico.
Energy production in the U.S. Gulf of Mexico is critical for not only meeting current and future energy demand, but also for supporting conservation programs, driving state and local economies and helping the U.S. meet our emissions reduction goals. In 2024, 14% of total U.S. crude oil production and 2% of natural gas production is projected to come from the Gulf of Mexico.
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API represents all segments of America's natural gas and oil industry, which supports nearly 11 million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. Our approximately 600 members produce, process and distribute the majority of the nation's energy, and participate in API Energy Excellence(R), which is accelerating environmental and safety progress by fostering new technologies and transparent reporting. API was formed in 1919 as a standards-setting organization and has developed more than 800 standards to enhance operational and environmental safety, efficiency and sustainability.
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Original text here: https://www.api.org/news-policy-and-issues/news/2024/10/21/api-welcomes-court-decision-averting-shutdown-of-gulf-of-mexico
[Category: Energy]
AICPA Foundation Launches the Barry C. Melancon Professional Accounting Research Fellowship
NEW YORK, Oct. 22 -- The Association of International Certified Professional Accountants issued the following news release:
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AICPA Foundation Launches the Barry C. Melancon Professional Accounting Research Fellowship
The Fellowship was established to recognize Barry Melancon's service to the profession and to advance the science of public and management accounting
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The AICPA Foundation has launched the Barry C. Melancon Professional Accounting Research (PAR) Fellowship to support the next generation of accounting and finance professionals with the skills, knowledge and training to
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NEW YORK, Oct. 22 -- The Association of International Certified Professional Accountants issued the following news release:
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AICPA Foundation Launches the Barry C. Melancon Professional Accounting Research Fellowship
The Fellowship was established to recognize Barry Melancon's service to the profession and to advance the science of public and management accounting
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The AICPA Foundation has launched the Barry C. Melancon Professional Accounting Research (PAR) Fellowship to support the next generation of accounting and finance professionals with the skills, knowledge and training toadvance the accounting and finance profession. The Fellowship has been established as a legacy of Barry Melancon's 30-year leadership tenure at the AICPA & CIMA as well as his dedication, advocacy and future-focused commitment to the profession.
The Fellowship aims to initially support doctoral students who are undertaking practical research to advance the science of public or management accounting practice.
"I have been fortunate to spend my career as an advocate for our great profession. The passion that I have had for the profession and the spirit of everything that I did was for the betterment of the profession and the people within," noted Barry Melancon, President and CEO of the AICPA and CEO of the Association. "It is a personal joy to be able see the creation of a Fellowship in my name to encourage others to contribute to the profession's benefit, advancement, and future."
During the fellowship year, Melancon PAR Fellows will perform the research identified in their applications and provide periodic updates to the Foundation Board of Trustees about their findings and the expected or actual practical impact of their research on the profession. These Fellows will also be given the opportunity to meet with individual Trustees and Association staff to discuss their ongoing research project.
"Barry devoted his more than 30-year career to advancing the trust and influence of the public and management accounting profession," said Tracey Golden, Chair of the AICPA Foundation Board of Trustees. "Dedicating this fellowship in Barry's honor will sustain his ongoing commitment to the future of our great profession."
Applications for the Fellowship will be open year-round with decisions announced annually -- May 31-June 15 - for two research fellowships. Applications must be submitted via ThisWaytoCPA.com by March 15 for that academic year's fellowship, with awards paid at the beginning of the Fall semester/quarter. This award will be granted to two students per year: with one research project to support the practice of public accountancy and one supporting the field of management accounting. Grant amounts will be contingent on the cost of the applicant's research project and the financial needs of the applicant.
The inaugural Barry C. Melancon Professional Accounting Research Fellowship will be awarded in 2025.
More information about the Barry C. Melancon Research Fellowship including eligibility, application requirements and deadlines can be found at ThisWaytoCPA.com/education. Also, for those within who would like to donate to the fellowship please go to the AICPA Foundation Giving Page.
The AICPA Foundation, established in 1922, is dedicated to advancing the science of accountancy and accounting education. Over the past century, the Foundation has consistently supported the next generation of accountants through education and outreach, scholarships and fellowships, and initiatives promoting diversity and inclusion.
The AICPA Foundation's current scholarship program offers educational funding for accounting students at all stages, from high school seniors to graduate students to CPAs pursuing their doctorate in accounting.
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About the American Institute of CPAs
The American Institute of CPAs (AICPA) is the world's largest member association representing the CPA profession, with more than 400,000 members in the United States and worldwide, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. AICPA sets ethical standards for its members and U.S. auditing standards for private companies, not-for-profit organizations, and federal, state and local governments. It develops and grades the Uniform CPA Examination, offers specialized credentials, builds the pipeline of future talent and drives continuing education to advance the vitality, relevance and quality of the profession.
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Original text here: https://www.aicpa-cima.com/news/article/aicpa-foundation-launches-the-barry-c-melancon-professional-accounting
[Category: Accounting]
AICPA Foundation Launches the Barry C. Melancon Professional Accounting Research Fellowship
NEW YORK, Oct. 22 (TNSres) -- The American Institute of CPAs Foundation issued the following news release:
The AICPA Foundation has launched the Barry C. Melancon Professional Accounting Research (PAR) Fellowship to support the next generation of accounting and finance professionals with the skills, knowledge and training to advance the accounting and finance profession. The Fellowship has been established as a legacy of Barry Melancon's 30-year leadership tenure at the AICPA & CIMA as well as his dedication, advocacy and future-focused commitment to the profession.
The Fellowship aims to initially
... Show Full Article
NEW YORK, Oct. 22 (TNSres) -- The American Institute of CPAs Foundation issued the following news release:
The AICPA Foundation has launched the Barry C. Melancon Professional Accounting Research (PAR) Fellowship to support the next generation of accounting and finance professionals with the skills, knowledge and training to advance the accounting and finance profession. The Fellowship has been established as a legacy of Barry Melancon's 30-year leadership tenure at the AICPA & CIMA as well as his dedication, advocacy and future-focused commitment to the profession.
The Fellowship aims to initiallysupport doctoral students who are undertaking practical research to advance the science of public or management accounting practice.
"I have been fortunate to spend my career as an advocate for our great profession. The passion that I have had for the profession and the spirit of everything that I did was for the betterment of the profession and the people within," noted Barry Melancon, President and CEO of the AICPA and CEO of the Association. "It is a personal joy to be able see the creation of a Fellowship in my name to encourage others to contribute to the profession's benefit, advancement, and future."
During the fellowship year, Melancon PAR Fellows will perform the research identified in their applications and provide periodic updates to the Foundation Board of Trustees about their findings and the expected or actual practical impact of their research on the profession. These Fellows will also be given the opportunity to meet with individual Trustees and Association staff to discuss their ongoing research project.
"Barry devoted his more than 30-year career to advancing the trust and influence of the public and management accounting profession," said Tracey Golden, Chair of the AICPA Foundation Board of Trustees. "Dedicating this fellowship in Barry's honor will sustain his ongoing commitment to the future of our great profession."
Applications for the Fellowship will be open year-round with decisions announced annually -- May 31-June 15 - for two research fellowships. Applications must be submitted via ThisWaytoCPA.com by March 15 for that academic year's fellowship, with awards paid at the beginning of the Fall semester/quarter. This award will be granted to two students per year: with one research project to support the practice of public accountancy and one supporting the field of management accounting. Grant amounts will be contingent on the cost of the applicant's research project and the financial needs of the applicant.
The inaugural Barry C. Melancon Professional Accounting Research Fellowship will be awarded in 2025.
More information about the Barry C. Melancon Research Fellowship including eligibility, application requirements and deadlines can be found at ThisWaytoCPA.com/education. Also, for those within who would like to donate to the fellowship please go to the AICPA Foundation Giving Page.
The AICPA Foundation, established in 1922, is dedicated to advancing the science of accountancy and accounting education. Over the past century, the Foundation has consistently supported the next generation of accountants through education and outreach, scholarships and fellowships, and initiatives promoting diversity and inclusion.
The AICPA Foundation's current scholarship program offers educational funding for accounting students at all stages, from high school seniors to graduate students to CPAs pursuing their doctorate in accounting.
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About the American Institute of CPAs
The American Institute of CPAs (AICPA) is the world's largest member association representing the CPA profession, with more than 400,000 members in the United States and worldwide, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. AICPA sets ethical standards for its members and U.S. auditing standards for private companies, not-for-profit organizations, and federal, state and local governments. It develops and grades the Uniform CPA Examination, offers specialized credentials, builds the pipeline of future talent and drives continuing education to advance the vitality, relevance and quality of the profession.
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Original text here: https://www.aicpa-cima.com/news/article/aicpa-foundation-launches-the-barry-c-melancon-professional-accounting
[Category: Accounting]
ACOG Applauds New Proposed Rule Increasing Contraceptive Coverage
WASHINGTON, Oct. 22 -- The American College of Obstetricians and Gynecologists issued the following statement on Oct. 21, 2024:
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The following is a statement from Stella Dantas, MD, FACOG, president of the American College of Obstetricians and Gynecologists (ACOG):
"The new proposed rule from the Biden-Harris Administration strengthening coverage of contraception under the Affordable Care Act will have a resounding impact on the ability of patients to get the reproductive health care they need without burdensome copays.
"Birth control is a critical part of so many of our patients' lives,
... Show Full Article
WASHINGTON, Oct. 22 -- The American College of Obstetricians and Gynecologists issued the following statement on Oct. 21, 2024:
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The following is a statement from Stella Dantas, MD, FACOG, president of the American College of Obstetricians and Gynecologists (ACOG):
"The new proposed rule from the Biden-Harris Administration strengthening coverage of contraception under the Affordable Care Act will have a resounding impact on the ability of patients to get the reproductive health care they need without burdensome copays.
"Birth control is a critical part of so many of our patients' lives,but the simple truth is that even with insurance coverage, the cost of copays can be prohibitive for many people. Today's rule will make it so that anyone with private insurance no longer has to face financial barriers to birth control, and that patients can work with their ob-gyns to choose the right form of contraception for them without having to worry about the cost of the method they select. Every patient who chooses to use birth control does so in consideration of their needs, health, lives, and values, and the therapeutic equivalence standard will ensure that those patients will be able to actually access the contraceptive method they select.
"Additionally, ACOG celebrates that over-the-counter birth control will be available for those with private insurance without a copay. For more than a decade, ACOG has called for hormonal birth control to be made available to patients with a clear plan for affordability. That the Biden-Harris Administration has actualized this call within a year of introduction of the first OTC birth control is nothing short of groundbreaking. People who choose to get their birth control over the counter do so for a variety of reasons, the new rule will ensure that for those with private insurance, they can do so without concern for cost. Moreover, by extending no-copay coverage to emergency contraception, the rule will help more people get this critically important medication without facing financial barriers, which is needed when time is of the essence.
"As ob-gyns, we know how important birth control is to the health and the lives of our patients. However, we know that even with the financial protections of the Affordable Care Act, many of our patients face barriers to getting the contraception they need. Cost of copays can leave many patients unable to get the choice that is right for them, or worse, unable to use or continue the birth control they need. Today's proposed rule will make access to birth control not just more affordable, but critically more equitable by allowing more patients to get the contraception they need and the contraception they choose--where they need it and when they need it."
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Original text here: https://www.acog.org/news/news-releases/2024/10/acog-applauds-new-proposed-rule-increasing-contraceptive-coverage
[Category: Medical]
