Gardner, Shaheen, Barrasso, Jones, Scott, Sinema Introduce Legislation to Delay Obamacare Tax for Two Years

Washington, DC – Senators Cory Gardner (R-CO), Jeanne Shaheen (D-NH), John Barrasso (R-WY), Doug Jones (D-AL), Tim Scott (R-SC), and Kyrsten Sinema (D-AZ) introduced S. 172, the Health Insurance Tax Relief Act Wednesday to provide a two-year delay of the Health Insurance Tax (HIT) that was created by the Affordable Care Act. The tax is a fee to health insurers on their health policy premiums that increases costs on nearly everyone in the marketplace from seniors to small businesses. 

According to America’s Health Insurance Plans, if implemented in 2020, the Health Insurance Tax would levy $16 billion in fees on health insurance. If Congress fails to act, the HIT tax will increase premiums by 2.2% or $196 per person in the individual market, $479 per family in the small-group market, $458 in the large-group market and $157 for Medicaid premiums on average nationwide. Furthermore, according to actuarial analysis conducted by Oliver Wyman, without the HIT moratorium in place for plan year 2019, Medicare Advantage premiums would have increased by roughly 55.7% from $393.05 to $612.09. There are roughly 21 million seniors and individuals with disabilities enrolled in Medicare Advantage that would have been hit especially hard by this tax.

“Without Congressional action, the Health Insurance Tax will impose fees on nearly 142 million American’s health care coverage in 2020,” said Senator Gardner. “According to Oliver Wyman, without a repeal of the Health Insurance Tax Coloradans will pay an estimated $162 more in 2020 when purchasing insurance on the individual marketplace. Senior citizens and the disabled, that rely heavily on Medicare Advantage face significant increases, and small businesses will be forced to pay an additional $448 for each of their employees. I’m proud to lead this bipartisan legislation that will make sure Americans are not forced to needlessly pay even more for their health insurance at a time when health care costs continue to rise.” 

“Patients deserve access to affordable, quality care – full stop. Making health care coverage more affordable requires an all hands on deck approach, and suspending the health insurance tax is one component of that effort,” said Senator Shaheen. “This bipartisan bill will improve our health care law and help reduce expensive health insurance premiums, which are impacting Granite State small businesses and residents, and millions more across the country. Congress needs to work together and reach across the aisle to address the problems affecting our health care system, and this bill is an important step forward. I’ll continue to prioritize bipartisan efforts that will decrease premiums, stabilize health insurance markets and provide quality care to every American.”

“American families need relief from the health insurance tax,” said Senator Barrasso. “This needless Obamacare tax drives up premiums and makes it harder for patients to get the care they need. In the coming months, I look forward to supporting efforts to eliminate this harmful tax.”

“Everyone deserves access to quality, affordable health care. Unfortunately, the high cost of health insurance continues to strain the pocketbooks of Alabama families and job creators alike,” said Senator Jones. “Lowering those costs is a top priority for me and that’s why I am proud to help introduce this bipartisan bill to suspend the Health Insurance Tax for an additional two years. By pausing this tax for another two years, our legislation will help lower premiums for small businesses, individuals, and seniors receiving coverage through Medicare Advantage.”

“We need to do everything we can to ensure that every American has access to quality and affordable health care,” said Senator Scott. “If the health care insurance tax is not addressed quickly, we could see a dramatic increase in the price of health care in South Carolina and around the country. I am proud to stand with a bipartisan coalition of Senators in protecting both the health and wallets of every day Americans, small business owners, and seniors covered through Medicare Advantage.”

“This tax raises costs for Arizona families and businesses,” said Senator Sinema. “I’m proud to work across party lines to help make healthcare more affordable for Arizonans.”

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Colorado Business Roundtable Announces Board of Directors

FOR IMMEDIATE RELEASE: 09/25/18 

CONTACT: Jeff Wasden [email protected]

Lisa Gregg [email protected]

                  

Colorado Business Roundtable Announces Board of Directors 

WHAT: Colorado Business Roundtable is honored to announce its new Board of Directors. We are delighted to work with talented business leaders from some of the nation’s largest employers, that help propel Colorado’s economic future. 

“The newest members of Colorado Business Roundtable’s Board of Directors are deeply committed to not only their employees and business, but making a significant, positive impact for their communities and the state of Colorado. They each bring such passion, a high level of understanding and engagement, and a wealth of experience,” states Jeff Wasden, Colorado Business Roundtable President. “We are excited to aggressively continue the mission and goals of Colorado Business Roundtable and know our new Board of Directors will be a tremendous asset as we advocate on behalf of the business community.”

●       Scott Hughes, Apple

●       Roberta Robinette, AT&T

●       Chris Schmidt, Deloitte

●       Becky Takeda-Tinker, CSU-Global

●       Ray Johnson, IBM

●       Dave Eddy, Boeing

●       Rebecca Kersting, Nuss Professional Group

●       Michael Smith, Walgreens

●       Phil Kalin, Pinnacol

●       Gayle Dendinger, CAP Logistics

●       Greg McIntyre, Jacobs Engineering

●       Peter Moore, Robinson Waters & O’Dorisio, P.C.

Stay tuned as we announce additional Board of Directors later this month. 

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The Colorado Business Roundtable (COBRT) is an advocate for proactive, pro-business legislation that strengthens the economy and allows businesses to grow and thrive in Colorado and the region.

ExxonMobil’s XTO Energy Donates Water to Address Drought Conditions in Colorado

Contact: Media Relations 832-625-4000

FOR IMMEDIATE RELEASE:

Tuesday, September 18, 2018

ExxonMobil’s XTO Energy Donates Water to Address Drought Conditions in Colorado

 XTO Energy to donate 5,000 acre-feet of water on Colorado’s Western Slope

 Transfer of water made in coordination with state’s Division Engineer’s office

 Donation will supply water needed for 1,500 homes or 10,000 acres of farmland for one year

DENVER, Colo. – XTO Energy Inc., a subsidiary of Exxon Mobil Corporation, today announced its plans to transfer 5,000 acre-feet of water to the State of Colorado on behalf of ExxonMobil in order to address serious drought conditions on the state’s Western Slope.

In the coming days, XTO will release water that ExxonMobil maintains at Ruedi Reservior in Pitkin County for use downstream of the reservoir, including for irrigation and fish habitat purposes. The company has coordinated the release with the state’s Division Engineer’s office.

“In a water year as dire as 2018, increased river flows to benefit the endangered fish also benefit the farmers, and indeed, all the water users, in the Grand Valley,” said Mark Harris, general manager, Grand Valley Water Users Association. “By adding water to the Colorado River, ExxonMobil’s contribution helps assure the proper operation of our diversion structures for the benefit of not only the Grand Valley Water Users Association and the Grand Valley Irrigation Company, but also the Orchard Mesa, Palisade and Mesa County Irrigation Districts and all their customers.”

“ExxonMobil’s action will result in Reclamation providing 5,000 acre-feet of urgently needed water to protect endangered fish in a 15-mile reach of the Colorado River,” said Signe Snortland, area manager, Eastern Colorado, Bureau of Reclamation. “We will coordinate the release of this water with the U.S. Fish and Wildlife Service. This water will also provide valuable “push” water to the agricultural community in the Grand Valley.”

“XTO Energy shares the State of Colorado’s concerns about the persistent drought that is affecting much of Colorado,” said Michael Johnson, vice president, XTO Energy Central Division. “Just as we did during the 2002 drought, we are making an effort to offer our assistance by donating water we would normally use for internal operational purposes to help mitigate drought impacts.”

The donated water is sufficient to supply the water needs of approximately 1,500 homes or irrigate approximately 10,000 acres of farmland for one year.

About XTO Energy

XTO Energy, a subsidiary of Exxon Mobil Corporation, is a leading oil and natural gas producer in the United States with expertise in developing tight gas, shale gas and unconventional oil resources. XTO or its affiliates operate in all major U.S. unconventional producing regions and Western Canada. In Colorado, XTO holds 492,000 acres and produces approximately 106 million cubic feet of natural gas per day. In 2017, XTO Energy and ExxonMobil contributed $949,000 to higher education, medical care, environmental research and arts and civic organizations in Colorado.

SpineOne – CASCA Member – Demonstrates Community Outreach Beyond Healthcare

FOR IMMEDIATE RELEASE

Contact: Neil Allen, Administrator
Phone: 303-365-2225
Email: [email protected]                                                                                                       

SpineOne – CASCA Member – Demonstrates Community Outreach Beyond Healthcare

[LONE TREE, COLORADO, 8/24/18] “Our commitment at SpineOne is to provide quality and cost-effective healthcare to all our patients” stated Perry Haney, M.D.  “However, as a member of the greater Denver community more is required and we are involved in other issues as well.  I became aware of issues impacting both the Jewish and Christian community in Israel and invited the parents of veteran Taylor Force to speak to stakeholders, referring docs and members of my ASC staff.”

Taylor Force was a graduate of West Point and then served with distinction in Afghanistan and Iraq.  After his tour of duty, he began his MBA program and had the opportunity to visit Israel.   While walking along the promenade in Jaffa he was attacked by a Palestinian terrorist and was stabbed to death.  Subsequent to his death his father, Stuart, was made aware of both celebrations of his killing among Palestinians and that the Palestinian Authority was paying the family of the terrorist in what is called “pay to slay.”  He was asked if he wanted to join an effort to pass legislation in Congress to halt this.

Stuart Force, the father of Taylor Force, came to SpineOne to explain the history of the Taylor Force Act which was passed this year.  He played an instrumental role in recruiting Senator Lindsay Graham, his Senator, to be the Senate sponsor and Congressman Doug Lamborn from Colorado, who is a big ASC supporter, to be the prime House sponsor.  The Taylor Force Act states that no American governmental funds shall be given to a Palestinian governmental entity that financially rewards terrorists or their families.

Simon Schwartz, Associate Director of the Colorado Ambulatory Surgery Center Association (CASCA) stated, “CASCA is proud of Congressman Lamborn for his efforts against terrorism and bringing attention to this Act and Taylor’s story to Colorado.  We are impressed with Dr. Haney and his colleagues for showing the community by action that they care--not only about providing patients the best care possible, but by participating in a broad set of concerns that impact the lives of their community in Colorado.”

SpineOne Spine and Sport Medical Center is a multi-disciplinary medical campus located in Lone Tree, which is the home to a state of the art imaging center, clinic and ambulatory surgery center.  SpineOne specializes in minimally invasive treatment options for neck, back and joint pain.

Colorado PERA Board of Trustees Names Ron Baker as Finalist for Executive Director

DENVER – The Colorado Public Employees’ Retirement Association (PERA) Board of Trustees announced today that Ron Baker has been named the finalist for the Executive Director.

Mr. Baker has served as the Interim Executive Director since December. He has served Colorado’s public workforce through various roles he has held since joining PERA in 1994. After starting with PERA in management positions overseeing information technology, Mr. Baker was appointed Chief Administrative Officer in 2013. In his new role, Mr. Baker becomes the seventh executive director of the $49 billion retirement system, which was established in 1931 by the Colorado General Assembly.

The announcement comes after an extensive eight-month nationwide search for the top position at PERA conducted by the Board in cooperation with a national executive recruiting firm.

“The Board embarked on a thorough and competitive process to ensure that the most qualified candidate would be installed to lead PERA,” said PERA Board of Trustees Chairman Timothy M. O’Brien. “Ron’s qualifications and commitment to PERA are unparalleled. In addition to his decades of tenure at PERA, he led the organization through a challenging time during the first part of this year that included a legislative session in which major changes were made to the retirement plan. He was the clear and unanimous choice for the Board.”

Mr. Baker is a graduate of the University of Northern Colorado with a degree in mathematics with a dual emphasis in computer science and mathematics. He is a graduate of the Executive Leadership Program at the Daniels College of Business at the University of Denver.

“I appreciate the confidence of the Board in me to continue to serve the PERA membership,” said Baker. “I look forward to helping guide PERA into this next chapter.”

Mr. Baker will assume the position as Executive Director pending contract negotiations and final Board approval.

Colorado PERA provides retirement and other benefits to more than 587,000 current and former teachers, State Troopers, corrections officers, snow plow drivers, and other public employees who provide valuable service to all of Colorado. PERA is a vital and stable contributor to Colorado’s economy, distributing more than $4 billion in 2017 to 101,000 retirees who live in Colorado.


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Colorado Business Roundtable Collaborates with WorldDenver Professional Exchange Program

FOR IMMEDIATE RELEASE
August 29, 2018                                                                                                                           

CONTACT   
John Milton
[email protected]

Colorado Business Roundtable Collaborates with WorldDenver Professional Exchange Program

WorldDenver is collaborating with Colorado Business Roundtable to expand access to a cultural exchange program facilitated by the US Department of State.  This exchange program brings talented, trained young professionals from around the world to work full-time in US companies for up to 18 months.  The companies benefit from their skills and knowledge and in return, the trainees learn American business skills.  We are currently searching for organizations to participate in this program who are looking to build and/or sustain a pipeline of international talent, generate new foreign business opportunities and enhance the cultural competence of current employees.  If you are interested in getting involved, please contact John Milton at 720-330-9275 or at [email protected].

About WorldDenver

WorldDenver is a non-profit community organization dedicated to advancing a deep understanding of global affairs and cultures.  Supported by individuals, businesses and foundations, WorldDenver engages globally-minded Coloradans in a direct, personal dialogue with each other and with elected officials, civic leaders and professionals from around the world.  Our mission is to strengthen and expand the community of engaged global citizens and organizations in Colorado through education, cross-cultural exchange, and personal interaction with international leaders, professionals and students.

Colorado's Oil and Gas Industry Stands United

Over 2,000 oil and gas industry employees rally at the Colorado State Capitol

DENVER - In a strong show of support for the oil and gas industry, state troopers estimate 3,500 people rallied on the steps of the Colorado state capitol this afternoon. Organized by local energy companies, the rally was attended by industry employees, their families, and members of the community who stand behind this vital part of Colorado's economy. 

"As we face yet another attempt by anti-oil and natural gas activists to ban new development in Colorado, it's incredible to see our employees stand together and fight for their industry, their livelihoods, and the jobs they need to keep food on their tables," said COGA President and CEO Dan Haley. 

"The industry in Colorado supports more than 100,000 jobs and generates $31 billion dollars in economic activity. A ban of our industry would not only hurt oil and natural gas families but would have severe ripple effects throughout Colorado's economy. If approved by voters, Initiative 97 would kill an estimated 147,000 jobs by 2030 - many of them outside our industry due to the interconnectedness of our economy and the important role energy plays within it. Colorado's energy employees take great pride in their work - and their jobs - and today their voices were heard loud and clear. We are proud to work here. We are proud to live here. And we stand united as Coloradans."

Led by Liberty Oilfield Services, CEO Chris Wright, the rally featured short speeches thanking members of industry for their contributions to the economy and our communities. The speaker lineup included former Secretary of the Interior under President George W. Bush, Gale Norton; CEO of the Tennyson Center for Children, Ned Breslin; CEO of Petroshare and former Denver Bronco safety, Steve Foley; and VP of Civic Engagement for ACE Scholarships and State Representative for HD - 7, James Coleman. 

"The modern world is not possible without oil and gas," said Liberty's Chris Wright. "Together, with dramatic advances in human liberty, the mass production of oil and gas has improved the human condition in ways that would have been simply unimaginable to our ancestors. I felt tremendous pride today as our industry stood together to celebrate our contributions to not only Colorado but humankind."

Secretary Norton touted the advances our country has made in a relatively short time. "American energy independence was once thought to be impossible, yet with advances in technology, our country is rapidly moving in that direction. In 2006, the U.S. imported 60 percent of our oil. This year, we are more secure because we rely on foreign sources for only 15 percent and that number continues to decline. I think this is something we should celebrate."

The strong turnout at the rally serves as a reminder that the oil and natural gas industry is not only a critical piece of our modern economy and contemporary society, but it is also comprised of Coloradans who love living and working in our great state. 

Recent Analysis of Initiative 97

Colorado Oil and Gas Conservation Commission

Common Sense Policy Roundtable

About COGA

Founded in 1984, the Colorado Oil & Gas Association's (COGA) mission is to foster and promote the beneficial, efficient, responsible and environmentally sound development, production and use of Colorado oil and natural gas. COGA is a nationally recognized trade association that aggressively promotes the expansion of Rocky Mountain natural gas markets, supply, and transportation infrastructure through its growing and diverse membership. 

 

Teledyne Brown Engineering Celebrates 65 Years

July 16, 2018- Huntsville, AL-   Huntsville-based Teledyne Brown Engineering is celebrating its 65th anniversary this month. The company’s history is closely intertwined with Huntsville’s Redstone Arsenal and Cummings Research Park. In 1950, Wernher von Braun and his team of German engineers and scientists were transferred to Redstone Arsenal to begin developing rockets for the U.S. Army. There were no engineering or manufacturing services available in Huntsville at that time. To meet that need, the local chamber of commerce recruited John Bolton, owner of Marietta Tool and Engineering, in Georgia to start a business in the area. Owned by local stockholders, Alabama Engineering and Tool Company opened on July 1, 1953. In 1956, the company merged with Brown’s Engineering Company, an Indianapolis firm owned by R. P. Brown, and was renamed Brown Engineering Company, Inc. Under the forward-thinking leadership of two executives, Milton Cummings and Joe Moquin, the company flourished and became the first tenant of Cummings Research Park. This business park is one of the world’s leading science and technology research parks and is the second largest of its kind in the United States and fourth largest in the world.

The company was brought into the Teledyne family in 1967, giving them access to additional capabilities, including extensive R&D resources, sophisticated instrumentation, advanced electronics, and cutting-edge digital imaging products to strengthen its engineering and advanced manufacturing portfolio.

Teledyne Brown Engineering has supported every major U.S. space initiative, beginning with the Jupiter-C and extending through SkyLab, Space Shuttle, International Space Station, Constellation, and the Space Launch System.  The company is currently building the Launch Vehicle Stage Adapter, which is the largest part of the rocket to be built at Marshall Space Flight Center.  In recent years, they have expanded into commercial space, partnering with NASA and CASIS to design an innovative Multi-User System for Earth Sensing (MUSES) Platform. MUSES is the first earth observation platform of its kind used to commercialize the International Space Station. The company also provides payload operations support for the International Space Station.

Teledyne Brown Engineering has been involved in nearly every U.S. Ballistic Missile Defense program, including Nike-X, Safeguard, the Strategic Defense Initiative, Ground-based Midcourse Defense program, the Ballistic Missile Defense System, and Objective Simulation Framework. Their technology-based solutions are currently supporting the Department of Defense and Missile Defense communities worldwide on a daily basis.

The company has utilized its extensive quality expertise and expanded its involvement in broader markets supplying complex systems for the nuclear and energy industries worldwide. Teledyne Brown Engineering has also built a solid portfolio of advanced systems, vehicles, and hardware for maritime applications, such as the Shallow Water Combat Submersible (the most recent Navy SEAL delivery vehicle) and Gun Mounts for Littoral Combat Ships for the U.S. Navy.

“For 65 years our company has applied its strengths in systems engineering and advanced manufacturing to propel our nation into space and protect our warfighter from harm,” stated Jan Hess, President of Teledyne Brown Engineering.  “We have supported programs, systems, and efforts that have played a major role in technology advancements worldwide.  It is a great privilege knowing that we have been a cornerstone in our community and in the industry.”

The company is sharing its anniversary with its employees and the community throughout the month with a series of videos, interviews, a food drive, an on-campus food truck rally, birthday cake celebration, and more.   

About Teledyne Brown Engineering

Teledyne Brown Engineering is an industry leader in full-spectrum engineering and advanced manufacturing solutions for harsh environments in space, defense, energy, and maritime industries. For over six decades, the company has successfully delivered innovative systems, integration, operations and technology development worldwide. For more information about Teledyne Brown Engineering visit: www.tbe.com.

About Teledyne Technologies Incorporated

Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne Technologies' operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe. For more information, visit Teledyne Technologies' website at www.teledyne.com.

For more information contact:

Jessica Sanders

256-726-1385

Teledyne Soon to Begin Space-Based Imaging

THOUSAND OAKS, Calif. – July 2, 2018 – Teledyne Technologies Incorporated (NYSE:TDY) announced today the successful launch of the DLR Earth Sensing Imaging Spectrometer (DESIS) to the International Space Station (ISS) on a SpaceX Falcon 9 rocket.  Over the next three months, the DESIS instrument, designed and built by the German Aerospace Center (DLR), will be installed and tested on Teledyne Brown Engineering’s Multi-User System for Earth Sensing (MUSES) aboard ISS.

DESIS is a hyperspectral sensor system with the capability of recording image data using 235 closely arranged wavelength channels across the visible to near-infrared spectra.  With continuous coverage at an altitude approximately 250 miles above the Earth, the DESIS instrument will broaden our knowledge about agriculture, biodiversity, geology, water ecosystems and detect natural or man-made changes to the Earth’s surface.

Teledyne’s MUSES platform was developed as part of a cooperative agreement with NASA to create opportunities for both Government and Commercial applications such as imaging, technology demonstration, and space qualification payloads supporting research, scientific studies and humanitarian efforts.  MUSES provides a precision-pointing environment on the ISS for earth-viewing instruments and it can accommodate up to four payloads simultaneously.  It also offers the ability to robotically retrieve, upgrade, and service those instruments as well as return them to earth. 

“Our partnerships with NASA and DLR expand the commercial use of the ISS and will provide our Governments with unique imaging data,” said Robert Mehrabian, Chairman and Chief Executive Officer of Teledyne.  “Leveraging the infrastructure of the International Space Station and the remaining available payloads on MUSES, we hope for additional opportunities to support cost effective development and installation of other instruments designed for low earth orbit observation missions.”

About Teledyne Technologies Incorporated

Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems.  Teledyne Technologies’ operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe.  For more information, visit Teledyne Technologies’ website at www.teledyne.com.

Forward-Looking Information Cautionary Notice

This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995.  Actual results could differ materially from these forward-looking statements.  Many factors could change anticipated results, including funding, continuation and award of government programs, as well as risks associated with government contracts, are identified in Teledyne’s 2017 Annual Report on Form 10-K.

Teledyne Awarded $79.6 Million Missile Defense Contract

THOUSAND OAKS, Calif. – June 18, 2018 – Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc., has been awarded a $79.6 million Task Order by the U.S. Army Space and Missile Defense Command / U.S. Army Forces Strategic Command to design and build affordable, flexible target missiles used for test and evaluation. The Tactical Range Air Defense Missile (TACRAM) effort is planned to begin immediately and could extend through April 2025.

Under this contract, Teledyne Brown Engineering will develop realistic-threat ballistic target missiles, known as “Zombie” targets, for use in testing advance missile defense systems.

“A great deal of our company’s legacy is built upon leading and supporting missile defense programs, including target and countermeasures development, and the test and evaluation of complex systems,” said Jan Hess, President of Teledyne Brown Engineering. “Given current and emerging threats to global security, we are proud to provide these systems that will help support the defense of our nation and our allies.”

Army and Missile Defense programs have an increased interest in reducing the cost of test and evaluation requirements. Zombie targets are manufactured or reborn in part from components that have reached the end of their useful life or may be subject to demilitarization.  The Zombie targets, therefore, provide a low-cost solution with threat-representative capabilities necessary to test the effectiveness of missile defense assets.

The Task Order was awarded under United States Army Space and Missile Defense Command’s Design, Development, Demonstration and Integration (D3I) Domain 1 contract.

About Teledyne Brown Engineering

Teledyne Brown Engineering is an industry leader in full-spectrum engineering and advanced manufacturing solutions for harsh environments in space, defense, energy, and marine industries. For over six decades, the company has successfully delivered innovative systems, integration, operations and technology development worldwide. For more information about Teledyne Brown Engineering visit: www.tbe.com.

About Teledyne Technologies Incorporated

Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems.  Teledyne Technologies’ operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe.  For more information, visit Teledyne Technologies’ website at www.teledyne.com.

Forward-Looking Information Cautionary Notice

This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, relating to a contract award. Actual results could differ materially from these forward-looking statements. Many factors could change anticipated results, including funding, continuation and award of government programs, as well as risks associated with government contracts, are identified in Teledyne’s 2017 Annual Report on Form 10-K.

Teledyne Brown Engineering Mentor Protege Agreement Certification

News Release

 NASA has recently certified Xavier Sweeney as a Payload Rack Officer (PRO).  Xavier is the first flight controller whose status was obtained as a part of a Mentor Protégé Agreement (MPA) between Teledyne Brown Engineering and Alabama State University.  The MPA was signed under Teledyne Brown Engineering’s Mission Operations and Integration (MO&I) Contract and allows the university and students participating in the program to receive assistance in developing multi-media training for the International Space Station (ISS) Payload Ground Support Personnel and Payload Developers.  This agreement was put in place on July, 27th 2015.

“Xavier started as an intern with us and was offered a full-time position upon his graduation.  He’s spent the past year tirelessly training to reach his certification goal. His efforts are commendable, and we are pleased to have him on our team.” stated Dr. Dwight Mosby, Senior Director with Teledyne for the MO&I contract.

The ISS certification qualifies Xavier to provide real-time command and control for NASA research facilities such as:  EXpedite PRocessing of Experiments to the Space Station (EXPRESS) Racks, Window Observational Research Facility (WORF), Minus Eighty-degree Laboratory Freezer for ISS (MELFI), and EXPRESS Logistics Carriers. As a Payload Rack Officer Xavier will also coordinate and monitor use of Payload Support Systems resources, which includes power, water flow, vacuum and nitrogen gas usage for all NASA payload facilities.

“This partnership has allowed for multiple accomplishments for students, the university, and our company,” stated Debbie Batson Small Business Liaison for Teledyne.  “Along with NASA, we work diligently to ensure that we are giving experience to young professionals and our future workforce that allow for possibilities that otherwise may not have existed.” 

About Teledyne Brown Engineering

Teledyne Brown Engineering is an industry leader in full-spectrum engineering and advanced manufacturing solutions for harsh environments in space, defense, energy, and maritime industries. For over six decades, the company has successfully delivered innovative systems, integration, operations and technology development worldwide. For more information about Teledyne Brown Engineering visit: www.tbe.com.

About Teledyne Technologies Incorporated

Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne Technologies' operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe. For more information, visit Teledyne Technologies' website at www.teledyne.com.

 

ExxonMobil and Employees Donate Almost $50 Million to U.S. Colleges and Universities

News Release

CONTACT:     ExxonMobil Media Relations

                        972-940-6007

FOR IMMEDIATE RELEASE

 Monday, May 21, 2018

 

ExxonMobil and Employees Donate Almost $50 Million to U.S. Colleges and Universities

 

·       Almost 840 educational institutions to receive funds from a program that triple matches employee donations

·       More than $665 million donated since program began in 1962

·       Recipient organizations encouraged to support math and science initiatives

IRVING, Texas--ExxonMobil and its employees are donating $49.8 million to almost 840 institutions of higher education across the country as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program.

ExxonMobil employees, retirees, directors and surviving spouses contributed $16.9 million, which was matched with $32.9 million in unrestricted grants from the ExxonMobil Foundation.

The program matches donor pledges 3:1 up to $7,500 to qualified colleges and universities in the United States, along with the American Indian College Fund, Hispanic Scholarship Fund and the United Negro College Fund. Since the Educational Matching Gift Program began in 1962, ExxonMobil has donated more than $665 million to American institutions of higher learning.

“We have a long history of supporting education excellence in the United States,” said Kevin Murphy, president of the ExxonMobil Foundation. “Our employees and retirees also share that priority. This donation is a demonstration of our collective support for higher education institutions across the country.”

In 2017, more than 4,200 employees and retirees made individual donations through the initiative. Although grants are unrestricted, colleges and universities are encouraged to designate a portion to math and science programs supporting student engagement.

In addition to the Educational Matching Gift Program, ExxonMobil and the ExxonMobil Foundation support and develop programs that encourage students, particularly women and minorities, toward careers in science, technology, engineering and math, as well as teacher training initiatives.

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About the ExxonMobil Foundation

The ExxonMobil Foundation is the primary philanthropic arm of Exxon Mobil Corporation in the United States. The foundation and the corporation engage in a range of philanthropic activities that advance education, with a focus on math and science in the United States, promote women as catalysts for economic development and combat malaria. In 2017, the ExxonMobil Foundation, together with Exxon Mobil Corporation, its divisions and affiliates along with employees and retirees, provided $204 million in contributions worldwide, of which $68 million was dedicated to education.

Leading Business Organizations Call on Lawmakers to Pass Responsible PERA Reforms

DENVER, CO –  Today, Colorado’s most prominent business organizations issued an open letter to lawmakers urging responsible reforms to PERA.

“The failure to rein in benefit costs and ever-increasing taxpayer-funded contributions from school districts, state agencies and local governments will send Colorado down the path of states like Illinois, where public pensions consume one quarter of the state budget,” warn leaders signing the letter.

Read more

Facebook to Bring Community Boost to Denver

Facebook is bringing its Community Boost program to Denver this summer. The week-long program will focus on helping small businesses, entrepreneurs and job seekers grow their business and develop new digital skills they need to compete in Colorado’s new economy. 

Since 2011 Facebook has invested more than $1 billion to support small businesses, but we wanted to do more to support local communities across America. The company will be visiting 30 U.S. cities in 2018, you can learn more about Community Boost here: Community Boost

In addition, research conducted by Morning Consult and co-sponsored by the U.S. Chamber of Commerce and Facebook suggests small businesses’ use of social media is creating new opportunities.

In Colorado the research found that:

  • 56% of SMBs in Colorado surveyed agree that Facebook is an essential tool for their business
  • 42% of SMBs surveyed in Colorado say that Facebook has helped them hire additional employees to work at their business
  • 55% of SMBs surveyed in Colorado believe that Facebook allows me to find customers in other cities, states or countries
  • 70% of SMBs surveyed in Colorado believe an individual’s digital and social media skills are important when hiring, more than those who think where an individual went to school is important

Denver small business community is an important part of the region's economy: 

  • 60,490 SMBs in Denver-Aurora-Lakewood, CO MSA (as of 2013) [SBA MSA source] 572,546 SMBs in Colorado (As of 2016) [source]
  • Unemployment rate of 2.8% with approximately 1,564,600 people employed (as of Nov 2017) [source], with approximately 2,939,100 people employed (as of Nov 2017) [source]
  • The Colorado metropolitan area ranks 45th out of 100 MSAs for average level of digital skills, 72.9% of jobs demanded at least medium digital skills [source]

To share your thoughts and stay up to date with the latest city announcements, news and program schedules visit facebook.com/communityboost.

 

Manufacturer's Edge Launches a New Series of Workshops Aimed at Bringing Emerging Technologies to Colorado Manufacturers

FOR IMMEDIATE RELEASE

Jessica Cowden

Manufacturer’s Edge

970.270.7176

[email protected]

[email protected]

 

MANUFACTURER’S EDGE LAUNCHES A NEW SERIES OF WORKSHOPS AIMED AT BRINGING EMERGING TECHNOLOGIES TO COLORADO MANUFACTURERS

The Technology AdvantEDGE Series presents “Building a Business Case for Additive” with GE Additive on Thursday, March 29

(Denver, CO) Manufacturer’s Edge is pleased to introduce the 2018 Technology AdvantEDGE Series – a series of workshops introducing new and emerging technologies that manufacturers can implement into their processes and products. The first event in the Technology AdvantEDGE series will be held on Thursday, March 29 at 9am in Denver.

“Building a Business Case for Additive” is presented in cooperation with GE Additive and is aimed at organizations that are interested in exploring in metal additive manufacturing (AM) and need to quantify the economic opportunity.

The workshop will focus on the ROI that metal additive brings and will equip participants with the knowledge to sell the business case for AM to their leadership.

The session will be led by consultants from AddWorks™, GE Additive’s in-house design consulting group, who helped design the fuel nozzle and Advanced Turboprop (ATP). Both parts are FAA certified and were re-engineered using AM and gained significant weight savings, part count reduction, and better performance. The AddWorks™ team will help attendees understand how to develop an AM mindset from the outset.

“Additive manufacturing is fundamentally changing how manufacturing is done, but what often stops organizations from starting their additive journey is a fear of the unknown and understanding what the payback is going to be,” says Heidi Hostetter, Vice President of Faustson Tool.

This one-day workshop will cover the following topics:

·       Key factors in identifing the right part for AM with metals

·       Design, materials and manufacturing considerations during part design

·       Building a ROI-led business case with key cost assumptions

·       Identifying the right parts for AM

·       Optimizing your additive post-processing

·       Design recommendations and considerations

·       Building an additive part cost model

·       How to sell additive up through your organization

This is a hands-on workshop and attendees are encouraged to bring a part with them that might be a suitable for AM production. The Addworks team will then explore the compatibility and potential benefits of implementing an AM redesign.

What: Building a Business Case for Additive

Dates: March 29, 2018

Time: 9am–5pm; happy hour/networking event 5–7pm

Place: Geotech Environmental Equipment (2650 E 40th Ave, Denver)

Cost: Free; lunch is provided

Sponsored by: Manufacturer’s Edge, H2 Manufacturing Solutions, the Colorado Office of Economic Development and International Trade, and GE Additive

More information: www.manufacturersedge.com/events

Direct registration link: https://tech-advantedge-series-additive.eventbrite.com

About the Technology AdvantEDGE Series from Manufacturer's Edge:

As the Manufacturing Extension Partner for the state of Colorado, Manufacturer's Edge is committed to keeping Colorado manufacturers informed with the latest cutting-edge info and access to the latest trends. We want to show you what is on the horizon so that you can anticipate the arrival and stay competitive. To that end, we are pleased to introduce the 2018 Technology AdvantEDGE Series -- a series of workshops where we will introduce a variety of new technologies that manufacturers can implement into their manufacturing processes and products. These workshops will cover everything from new materials such as composites, smart fibers, and fabrics to new manufacturing processes, such as 3D printing and robotics. Topics of interest will also include radical new technologies that will change the way we live, such as flexible hybrid electronics, biopharmaceuticals, and biofabrication.

Let us help you stay ahead of the game by anticipating and preparing for the amazing innovations on the horizon. Let us bring the future to you!

About Manufacturer’s Edge:

Manufacturer’s Edge is a statewide manufacturing assistance center partially funded by the NIST Manufacturing Extension Partnership (MEP). Manufacturer’s Edge encourages the strength and competitiveness of Colorado manufacturers through onsite technical assistance through coaching, training, and consulting, collaboration-focused industry programs, and leveraging government, university, and economic development partnerships. Learn more at our website, on Facebook, LinkedIn, and Twitter.

About H2 Manufacturing Solutions

H2 Manufacturing Solutions offers a broad range of services to help manufacturers navigate the daily challenges of the modern manufacturing world. Our one-stop shop addresses any business challenge a manufacturer encounters, from representing best-in-class equipment and service providers to operational improvement consulting to business development strategies to technical expertise. At H2, our mission is to make manufacturers’ day-to-day challenges more manageable and less frustrating. Our promise is to deliver Honest. Hardworking. Results. For more information, contact H2 Manufacturing Solutions at 970-692-3344 or [email protected]. Visit H2 Manufacturing Solutions on the web, Facebook, Twitter, or LinkedIn.

About GE Additive

GE Additive is part of GE – the world’s Digital Industrial Company, transforming industry with software-defined machines and solution that are connected, responsive and predictive. GE Additive includes material provider AP&C and additive service provider to the medical industry, DTI. As a notable user of additive technologies GE recognizes the value and potential it brings to modern design and manufacturing. GE is organized around a global exchange of knowledge, the “GE Store,” through which each business shares and accesses the same technology, resources and intellect.

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Jim Davidson Keynotes NOCOM 2018

 

For Immediate Release

Contact:

Amanda Miller

Event Coordinator

970.231.0316

[email protected]

Heidi Hostetter

NOCOM 2018 Chair

303.517.6541

[email protected]

 

Jim Davidson Keynotes NOCOM 2018

Legendary mountaineer and Northern Colorado resident speaks on resilience and innovation in the manufacturing industry

Loveland, Colorado— Legendary mountaineer, expedition leader, inspirational professional speaker, and Fort Collins native Jim Davidson will keynote Northern Colorado Manufacturing Partnership’s NOCOM 2018 manufacturing trade show at 7:00 a.m. April 12, 2018 at The Ranch Event Center/Larimer County Fairgrounds. The breakfast, sponsored by BMA America, kicks off a day-long event showcasing Northern Colorado’s expanding manufacturing sector, connecting suppliers, manufacturers, capital, and services.

Davidson will speak about the theme of this year’s event: Creating Culture to Promote Innovation: “In my keynote, I share the epic tale of how I had to find a way to climb an overhanging ice wall alone to escape a deep glacial crevasse. I was short on resources, technique and time. Yet, I was able to overcome this challenge, just like manufacturers tackle challenges every day.”

Hear invigorating stories and lessons that help businesses employ innovation and resilience when facing challenges and opportunities. Short on resources, time, and technique? Resolve problematic challenges through adaptation and innovative thinking.

“As an advocate of both manufacturing and climbing, I’ve learned leadership is most vital in your darkest hours, not your finest moments, and Jim is a great example of this,” said Adam Papillion, director of operations for H2 Manufacturing Solutions. “Through many years of climbing and friendship with Jim, nothing has transferred more to my professional life than Jim’s lessons on resilience.”

Davidson will be on site after his talk at the show’s registration table signing copies of his New York Times best-selling book, The Ledge. As time permits, he will connect with individuals and organizations on the challenges they face in a competitive manufacturing world, and how they can solve them through resilience and innovation.

Jim has summitted the world’s tallest peaks, survived harrowing trials and extremely dangerous situations, and he shares the power of resilience to audiences around the world. Davison’s stories of survival help people face their own challenges and opportunities. With 36 years of adventures to draw from, he distills unique content for each audience to reveal how to adapt to profound change, overcome anxiety and uncertainty, and reach lofty goals.

Register for the 7:00 a.m. breakfast, full day of programming, and post-event B2B networking via the Northern Colorado Manufacturing Partnership website. Learn more about Davidson, view his videos and pictures, and read about his experiences on his website, speakingofadventure.com.

About the 4th Annual NOCOM Trade Show

Date:    Thursday, April 12th, 2018

Time:   7:00 a.m. to 5:00 p.m.

            Kick-off Breakfast at 7:00 a.m. at the Budweiser Events Center (separate ticket required)

            Sponsored by BMA America

            B2B Networking Reception 3:30 to 5:00 p.m.

            Sponsored by H2 Manufacturing Solutions and Manufacturer’s Edge

Major sponsors include Aerotek, Colorado Department of Economic Development and International Trade (OEDIT), EKS&H, Flood & Peterson, Xcel Energy, and FirstBank. Other sponsors include Speaker Hall sponsor Northern Colorado Economic Alliance; Venue sponsor City of Loveland; and Coffee sponsor Noffsinger.

The event showcases Northern Colorado’s expanding manufacturing sector, connecting suppliers, manufacturers, capital, and services. Registration is now open at this link. Admission is $15 for pre-registered attendees (students are free) and $20 at the door, with post-event B2B networking event included, and $30 for the kickoff breakfast featuring keynote speaker Jim Davidson. Attendees can download the Yapp App from Yapp.us, Google play or Apple’s app store and enter the ID code NOCOM2018 for detailed information on the event.

The NOCOM 2018 kick-off breakfast is sponsored by BMA America, experts in plants for the production of fructose, sugar, and dextrose whether dealing with machinery, individual process steps, or entire factories. Visit BMA’s website for more information.

Admission to the post-show B2B networking reception, sponsored by H2 Manufacturing Solutions and Manufacturer’s Edge is included with registration for all attendees. H2 Manufacturing Solutions offers a broad range of services to help manufacturers navigate the daily challenges of the modern manufacturing world. Manufacturer’s Edge, Colorado’s statewide manufacturing assistance center through NISP’s MEP program, boosts the competitiveness of Colorado manufacturers through onsite technical assistance and support.

This year’s NOCOM Trade Show features more than 100 exhibitors, a speaker hall featuring several manufacturing industry leaders, manufacturing forums, and a B2B reception. Topics discussed will include: Get the best bang for the buck with healthcare; Navigate programs and grants targeted to grow Colorado manufacturing businesses; Learn insiders' secrets on the latest and greatest technology advances should be part of your strategy for this year . . . and beyond; and Navigate challenges that manufacturers face.

About BMA

The roots of BMA America in Greeley stem from 90 years old Brewer Steel, founded as a family business in Greeley, Colorado. Over the years, BMA's reputation as a reliable, quality fabricator grew, and the business expanded to include heavier products and fabrications. With the addition of specialized equipment and key personnel, BMA Americas custom fabrication today enjoys a reputation as one of the leading fabricators in the Rocky Mountain West, maintaining its reputation for quality and on-time delivery. In November 1994, Brewer Steel was purchased from the Brewer family by BMA Braunschweigische Maschinenbauanstalt AG enabling the company to grow further and develop new business fields. Next to custom fabrication for regional customers, today, BMA America can offer capital equipment and spare parts for the sugar industry, engineering, and other after sales services. Our long-standing customers include the cane and beet sugar industry in North-, Central- and South-America.

About Northern Colorado Manufacturing Partnership

The NoCo Manufacturing Partnership was formed in 2013 as a result of Governor Hickenlooper’s state Economic Development plan called the Colorado Blue Print. The Blue Print identified 11 key sectors of the economy in Colorado by region. Northern Colorado’s two main sectors identified were Health and Wellness and Advanced Manufacturing. Regions within the state were encouraged to form sector partnerships to provide more localized grass roots support to augment state efforts in each sector.

These would be industry specific, led by business, in partnership with economic development, education and workforce development. A collaboration arose as part of the Blue Print process involving people from each of these affiliations and the NoCo Manufacturing Partnership was born. It continues to be an all-volunteer, business led, FREE membership organization designed to support Northern Colorado manufacturers. It is served by a Board of Directors, representing each affiliation from private business to local government, as well as two active committees: Networking and Manufacturing Talent/Rocks! Find us on the web, Facebook, Twitter and LinkedIn.

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FedEx Launches Sixth Annual Small Business Grant Contest

$120,500 Total Cash and Prizes Available to 10 U.S. Based Small Businesses

MEMPHIS, Tenn., February 20, 2018—FedEx Corp. (NYSE: FDX) today announced the launch of its sixth annual FedEx Small Business Grant Contest, which recognizes passionate and innovative small businesses from across the country who aspire to take their businesses to the next level. This year, the contest offers a total prize pool of $120,500 to ten U.S. based small businesses, including a credit for print and business services from FedEx Office. Specifically, the awards will include:

  • Grand prize: One (1) winner of $25,000, plus $7,500 in FedEx Office® print and business services
  • Silver prize: One (1) winner of $15,000, plus $5,000 in FedEx Office® print and business services
  • Bronze prize: Eight (8) winners of $7,500, plus $1,000 in FedEx Office® print and business services

“More than 17,000 small businesses have shared their unique stories and dreams of success with us since we launched our first contest in 2012,” said Scott Harkins, senior vice president, Customer Channel Marketing at FedEx. “We’ve learned a lot about the unique challenges small businesses face and it’s exciting to see the many ways our past winners have used their FedEx grants to grow and expand, both here in the U.S and across the globe.”

The 2017 contest attracted candidates from all 50 states and brought in more than 1.4 million votes. Grand Prize winner Sword & Plough, a small business that works with American manufacturers who employ veterans to transform military surplus into fashionable and functional bags and accessories, was co-founded by sisters Emily Núñez Cavness and Betsy Núñez. With the $25,000 grant, the sisters were able to expand production, improve their supply chain and inventory management, and scale their impact of empowering veteran employment. And with the $7,500 credit for printing and business services, they were able to produce the marketing materials to support their brand ambassador program, which has a presence in 40 states and four countries.

“Winning the FedEx Small Business Grant Contest was an amazing experience,” said Emily Núñez Cavness, CEO of Sword & Plough. “Not only did it provide us with financial support, which helped us take our business to the next level, it also opened the door for a strong working relationship with FedEx. FedEx understands the challenges small businesses face and their expertise has been an important part of the Sword & Plough journey.”

The 2018 FedEx Small Business Grant Contest is open to U.S.-based for-profit small businesses that have less than 99 employees and have been operating for six months or more. To enter, participants must visit fedex.com/grantcontest and enter their contact information, write a short profile about their business and upload four photos of their business or product, including their logo. While not required, participants also have the option of submitting a 90-second “elevator speech” video to supplement their entry and are encouraged to share their participation with their social networks to boost votes.

The contest entry period is open from February 20 to March 28, 2018, with voting to take place from February 28 to April 4, 2018. Following a judging period, winners will be announced on April 24, 2018.

Details on how to enter the contest, as well as the official rules and FAQs can be found at fedex.com/grantcontest.

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Finding Solutions for Your Business – FedEx Small Business Center

The FedEx portfolio of services allows small businesses to gain access to the global marketplace and to shipping, logistics and printing solutions. For more information on how FedEx helps small businesses, please visit the FedEx Small Business Center at www.fedex.com/smallbusiness.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services.  With annual revenues of $62 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 400,000 team members to remain “absolutely, positively” focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.

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Government and Industry Partnership in Remote Sensing Data Analytics and Computing: Tap Lab

The United States Air Force (USAF), Lockheed Martin, and CU-Boulder are collectively working to design, procure, and install a collaborative R&D development environment to include: 1) remote sensing data analysis and archiving capabilities, 2) shared cloud computing resources (e.g. AWS) for remote access, and 3) computing infrastructure and services for lab development activities. The USAF, Lockheed Martin, and other key industry partners have invested heavily in the capture of relevant datasets via satellite-based remote sensors and in signal processing, data fusion, analytics, and visualization associated with interpreting data for effective decision making. The CU Boulder Grand Challenge Initiatives fuse strengths in earth, space and social sciences with new technologies and partners to address broad-ranging environmental and natural resource challenges of interest to Industry (topics related to the earth’s surface, atmospheric research, weather and climate studies, and environmental resource management). CU-Boulder provides remote sensing, earth sciences, and analytics expertise that is complementary to USAF and Industry partner capability. For more information on this collaboration and a full list of partners, visit the Tap Lab website.