Weekly unemployment claims fall below 1000

first_imgby Timothy McQuiston, Vermont Business Magazine Weekly unemployment claims fell steeply last week and below 1,000 claims for the first time since the early weeks of the pandemic. Nationally, claims fell under 1 million. The Vermont unemployment trust fund has added over $3 million since last week and remains in a strong position. After a steep decline as the economy began to reopen in April, initial unemployment claims for the last several weeks flattened, rose slightly and now are falling consistently.Claims hit their peak in early April. At that point, Governor Scott’s “Stay Home” order resulted in the closing of schools, restaurants, construction and more, while many other industries cut back operations.Meanwhile, the state unemployment rate, which was the lowest in the nation before the pandemic, is now in the middle of the pack but is now back below the US average.For the week ending August 8, 2020, the Labor Department processed 904 Initial Claims, down 356 from the previous week and 615 more than the same time last year. Summer typically produces the lowest UI numbers.Total new and continuing claims, which had been falling during the reopening period in the spring, again fell but more steeply, for a total of 32,687 claims with a decrease of 4,420 from the previous week, but 29,317 more than the same time last year. They had peaked at just over 90,000.However, the additional $600 in weekly benefits from the federal government for all unemployment programs ended July 25. The PUA program, which is full funded by the federal government and is intended for non-regular UI workers, will last until the end of the year. They will receive regular benefits.Congress, mired in political bickering, is considering another emergency assistance plan, but Governor Scott said he doubts it will provide as much as $600 per week. He also said the state does not have the resources to pick up that extra benefit.”That $600 is concerning. I know a lot of families are counting on that to cover a lot of their expenses,” Scott said.President Trump signed an executive order last weekend that would reinstall a $400 payment, with states picking up $100 of that.Scott said at his press briefing Tuesday that the state would find a way to come up with that $100. He said it would cost the state $4-5 million a week.He acknowledged that such an amount is not sustainable for the state’s finances. But he sees it as a “stop-gap” until Congress finally finds a compromise and fully funds an extension of the additional UI benefits.Scott said the state might be able to use CARES Act federal financing, some of which the state still has in reserve. The state might need a waiver to use it for this purpose.But in any case, Scott said the state would find the extra $100 a week somewhere in order to support Vermonters.Nationally, economists are concerned that the loss of that extra $600 could send the national economy back into a tailspin(link is external), as it will affect everything from consumer spending to the ability to pay for housing. That federal benefit is set to expire July 31(link is external). Over $500 million of federal money has been added to Vermont unemployment checks so far.Since March 1, upwards of 100,000 new claims have been filed in Vermont when including PUA. With the PUA, there are still about 40,000 Vermonters on one or another of the unemployment programs.The official Vermont March unemployment rate was only 3.1 percent, but the April rate was 15.6 percent. The US April rate was 14.7 percent, the highest rate since its was first calculated in 1948 and the highest unofficially since the Great Depression of about 25 percent.Vermont’s unemployment rate fell to 9.4 percent for June, as it continues to edge lower since it spiked in April. The US rate fell in May to 13.3 percent and fell again in June to 11.1 percent. The Vermont unemployment rate in May fell to 12.7 percent (16.5 percent in April).Nationwide, according to the US Labor Department for the week ending August 8, initial claims for state unemployment benefits were 963,000, down from 1.2 million, which fell from 1.43 the previous week. Claims had risen for two weeks until that decline: 1.4 million, up from 1.3 million. Claims had been falling since the early weeks of the pandemic in March.The week prior they were 1.4 million, which was down from 1.5 million, which was about the same as the previous two weeks.The week before that they were 1.9 million which was down from 2.1 million, before that it was 2.7 million, from 2.98 million the week before, from 3.18 million, and 3.85 million and 4.4 million the previous weeks. (The weeks previous to that were 5.2 million and 6.6 million. The weeks before that there were 3.3 million and before that 282,000 claims.)This was the first time claims were below 1 million (20 consecutive weeks) since March 14, when they were 282,000.US GDP had its worst quarter on record as it fell 32.9 percent in the second quarter(link is external); the next worst was in 1921.While more industries open up and Scott “hopes” to have 100 percent of businesses back open within a couple months, he also extended his Emergency Order until August 15. He said earlier this week that Vermonters can expect he will again extend it another month.There are still state and some federal grants available. See the latest business recovery grants guidance HERE(link is external), and Scott’s $400 million economic recovery plan HERE. The US SBA loans and grants can be found at www.sba.gov(link is external).The recently-launched Pandemic Unemployment Assistance (PUA) has added to the ranks of those receiving benefits, but is not counted in the official unemployment rate. The PUA serves the self-employed who previously did not qualify to receive UI benefits and might still be working to some extent.This surge during the Great Recession for the entire year in 2009 spiked at 38,081 claims.The claims back in 2009 pushed the state’s Unemployment Insurance Trust Fund into deficit and required the state to borrow money from the federal government to cover claims.Right now (see data below), Vermont has $331.5 million in its trust fund and saw the fund increase by a net of $3.6 million last week. Payments lag claims typically by a week. Balance as of March 1 was $506,157,247.Vermont at the beginning of the pandemic had more than double the Trust Fund it did when the economy started to slide in 2007. It went into deficit and the state had to borrow money from the federal government to pay claims. Some states like California are already in UI deficit because of the COVID crisis.”We are in a much healthier position than many other states,” Labor Commissioner Michael Harrington said.Given the Trust Fund’s strong performance and the burden of unemployment taxes on employers, Governor Scott reduced the UI tax on businesses. He also announced that starting the first week of July, the maximum unemployment benefit to workers will increase about $20 a week.While the UI Trust Fund will not fall into deficit under current trends, the governor has acknowledged that they simply cannot predict it given how economic conditions could swing if there is a second surge of COVID-19. Still, he’s moving forward with the UI changes now because the burden on employers and employees is now.The impact on jobs from the coronavirus (COVID-19) in Vermont on weekly unemployment claims is expected to be profound and the federal aid package more than doubles current UI payments to Vermonters.Stories:Unemployment rate falls over 3 points to 9.4 percent in June Tax revenues fall again as expected, behind over $100 millionBusinesses to see double-digit rate decrease in workers’ comp insurance in 2020Tax revenues finish year nearly $60 million above targetsUI tax rates for employers fell again on July 1, 2018, as claims continue to be lower than previous projections. Individual employers’ reduced taxable wage rates will vary according to their experience rating; however, the rate reduction will lower the highest UI tax rate from 7.7 percent to 6.5 percent. The lowest UI tax rate will see a reduction from 1.1 percent to 0.8 percent.Also effective July 1, 2018, the maximum weekly unemployment benefit will be indexed upwards to 57% of the average weekly wage. The current maximum weekly benefit amount is $466, which will increase to $498. Both changes are directly tied to the change in the Tax Rate Schedule.Vermont’s minimum wage rose to $10.78 on January 1, 2019.The Unemployment Weekly Report can be found at: http://www.vtlmi.info/(link is external). Previously released Unemployment Weekly Reports and other UI reports can be found at: http://www.vtlmi.info/lmipub.htm#uc(link is external)NOTE: Employment (nonfarm payroll) – A count of all persons who worked full- or part-time or received pay from a nonagricultural employer for any part of the pay period which included the 12th of the month. Because this count comes from a survey of employers, persons who work for two different companies would be counted twice. Therefore, nonfarm payroll employment is really a count of the number of jobs, rather than the number of persons employed. Persons may receive pay from a job if they are temporarily absent due to illness, bad weather, vacation, or labor-management dispute. This count is based on where the jobs are located, regardless of where the workers reside, and is therefore sometimes referred to as employment “by place of work.” Nonfarm payroll employment data are collected and compiled based on the Current Employment Statistics (CES) survey, conducted by the Vermont Department of Labor. This count was formerly referred to as nonagricultural wage and salary employment.UI claims by industry last week in Vermont were very similar in percentage to those from a year ago, though of course much higher in each industrial category.last_img read more

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Avis goes the distance with USA Triathlon

first_img Related Avis Rent A Car has a new partnership with USA Triathlon (USAT), the US national governing body for triathlons, duathlons, aquathlons and other multisport competitions.As a bronze level partner of USAT, Avis will provide discounts and other money-saving offers to more than 135,000 member athletes, coaches, officials, parents and fans involved in multisport events.The program also provides Avis with significant exposure through signage and giveaways at more than 3,000 different multisport events, ranging from grassroots amateur competitions to high-profile races nationwide.Avis will also gain new customers through advertising placement in USA Triathlon Life Magazine, ad placement on USAT’s official web site, www.usatriathlon.org, and inclusion in Multisport Zone, USAT’s weekly e-newsletter. “We are dedicated to growing our business by teaming up with organizations that value excellence and exemplify the Avis ‘We try harder’ spirit,” said Thomas M. Gartland, Executive Vice President of Sales, Marketing and Customer Care for Avis Budget Group, Inc, parent company of Avis.”We look forward to working with USA Triathlon, the largest multisport organization in the world, and helping their members take part in multisport events around the world.””We are thrilled to welcome Avis as a valued new member of our corporate family and offer our members a way to save on car rental,” said Chuck Menke, Marketing and Communications Director for USA Triathlon.”In addition to the quality service and outstanding reputation that Avis has established, our partnership offers exclusive benefits for our members, whether they are travelling to events or taking a family vacation.”www.avis.com www.usatriathlon.orglast_img read more

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Coffee & breakfast sponsor: Dunkin’ Donuts gets together with Rock ‘n’…

Related Competitor Group (CGI), the organizer of the Rock ‘n’ Roll Marathon Series, and Dunkin’ Donuts, ‘America’s all-day, everyday stop for coffee and baked goods’, today announced a new partnership for the 2015 Rock ‘n’ Roll Marathon Series.Dunkin’ Donuts will become the Official Coffee and Breakfast Restaurant of Rock ‘n’ Roll Marathon Series events in Dallas, Chicago, Philadelphia and Los Angeles.“We take great pride in partnering with Dunkin’ Donuts, one of the world’s most recognized coffee brands. Together, we offer all the tools to help runners have the ultimate running experience, whether at home or on the road,” said Bill Pedigo, Chief Revenue Officer of CGI. “Our brands share a passion for leading an active lifestyle and we look forward to working together to develop unique ways to engage runners throughout their entire Rock ‘n’ Roll weekend experience.”The international race series combines entertainment and running, featuring live bands performing at every mile along the course, cheerleaders encouraging runners throughout the race, and a post-event headliner concert. Dunkin’ Donuts’ partnership kicks off with the 6th annual Rock ‘n’ Roll Dallas Half Marathon on Sunday 22 March 2015. The Dallas event is the largest stand alone half-marathon in Texas, annually attracting more than 15,000 runners.“America runs on Dunkin, and now participants will too, through our partnership with the Rock ‘n’ Roll Marathon Series,” said Scott Hudler, Vice President Global Consumer Engagement at Dunkin’ Brands. “As the Official Coffee and Breakfast Restaurant, we look forward to bringing everyone’s favourite coffee to runners over race weekend.”The Rock ‘n’ Roll Marathon Series is the ‘world’s largest running series’ with more than 500,000 runners taking part in festival events around the world every year. The series started in 1998 with the simple idea of making running fun and has ‘transformed the US running landscape’ by infusing the course with live bands, cheer teams and entertaining water stations, creating a ‘block-party’ atmosphere for participants and spectators alike.Today, the series of marathons and half-marathons has spread to more than 31 destination cities, drawing visitors from around the world.www.runrocknroll.comwww.dunkindonuts.com read more

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rh+ swings into action with new Olympo AirX

first_imgrh+ adds that riders need to react to these situations within seconds, which is ‘the time it can take for glasses to become genuinely uncomfortable and a real hazard… This may result in the rider becoming dangerously distracted as they try to take them off.’The new Syncro Swing Lenses system allows the wearer to raise both lenses at the same time. Cyclists can adjust the glasses in a fraction of a second, reacting to changes in visibility, protection and ventilation without taking the glasses off.The Olympo AirX sunglasses also have an improved Multi-Fit Bridge Nose (the evolution of the company’s Triple Fit System). This makes it possible to loosen and tighten the hypoallergenic silicon pads that rest on the bridge of the nose, adapting the glasses to the shape of the rider’s face. Equally, cyclists can adjust the distance between glasses and face, providing protection from the wind (i.e. when riding downhill or in cold weather), or to increase ventilation (for riding uphill or in hot conditions).A brand of the organization Zero Industry S.r.l., rh+ is based in Lentate sul Seveso, in the province of Monza, in Italy. It designs and produces technical apparel, helmets and goggles dedicated to the cyclist who is looking for ‘performance, uncompromising quality, design and Italian style.’www.zerorh.com Syncro Swing Lenses, developed by the rh+ Powerlogic Lab, is an original technical lens system built into the brand’s new Olympo AirX glasses, which also feature advanced technology adapted from rh+ Olympo glasses.Designed with the help of pro riders, rh+ adds that its original Olympo glasses offer maximum performance with ‘increased ventilation, wearability and resistance’, as the glasses feature a Multi-Fit Bridge Nose and Sport Grip Extensible Temples.A release from rh+ states that the new Olympo AirX sunglasses offer the ‘very best in terms of performance and include Syncro Swing Lenses, an innovative design solution that makes them a cut above the rest. Our aim is to make Olympo AirX the must-have glasses for all cyclists.’According to rh+, the Syncro Swing Lenses system is a world-first in terms of sports-glasses technology. This innovative solution allows cyclists to raise both lenses at the same time with one hand. This means riders can choose whether to protect themselves from the sun or the wind, or to increase ventilation, which is particularly useful when conditions change suddenly.‘During any outdoor activity at any time of the year, there can be many external variables that need to be dealt with quickly. This is particularly true when safety or performance are affected. For example, high temperatures and intense exertion increase perspiration and can cause lenses to fog, while sudden changes in light do not leave the eye enough time to adapt (even the best light-sensitive lenses take tens of seconds to adapt).’Cyclists might also have to deal with a combination of high speeds and rain on the lenses, which can decrease visibility significantly even in light rain, or lenses that steam up at slow speeds, such as when riding uphill. Relatedlast_img read more

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Subconscious learning shapes pain responses

first_imgShare Pinterest Share on Twitter Share on Facebook In a new study led from Sweden’s Karolinska Institutet, researchers report that people can be conditioned to associate images with particular pain responses – such as improved tolerance to pain – even when they are not consciously aware of the images. The findings are being published in the journal PNAS.Previous studies have shown that a person’s pain experience can be increased or decreased by associating a specific cue, such as an image, with high or low intensity pain. However, until now it has been unclear if it is necessary to be consciously aware of the cue in order to learn the association. In this recent study, Dr Karin Jensen and colleagues tested whether unconscious learning affected pain responses, by using subliminal images and training participants to associate a certain image with high pain and another image with low pain.The study involved 49 participants in all, randomly assigned into four experimental groups that would elucidate the impact of different levels of conscious awareness during the experiment. All participants were generally healthy, with no chronic illnesses or psychiatric diagnoses. None of the participants reported receiving any medication apart from hormonal contraceptives.center_img Email In the experiment, images of different faces were presented on a computer screen. To some of the participants the images were shown so quickly that they could not be consciously recognized. For each image exposure, participants were subjected to pain stimulation and asked to rate the pain according to a specific scale. As each image was repeatedly associated with either high or low pain, it turned into a high pain cue or a low pain cue that would affect the participants’ expectations.The results suggest that pain cues could be learned without conscious awareness, as participants reported increased pain when shown the high pain image and reduced pain when shown the low pain image during identical levels of pain stimulation, regardless of whether or not the images were shown subliminally,“These results demonstrate that pain responses can be shaped by learning that takes place outside conscious awareness, suggesting that unconscious learning may have an extensive effect on higher cognitive processes in general”, says Karin Jensen. LinkedInlast_img read more

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WHO: H1N1 vaccine safety akin to seasonal counterpart

first_imgNov 19, 2009 (CIDRAP News) – Early experiences with pandemic vaccines in several countries suggest they have a similar safety profile to seasonal flu vaccines, an official from the World Health Organization (WHO) said today.Dr Marie-Paule Kieny, director of the WHO Initiative for Vaccine Research, told reporters at a press briefing today that immunization campaigns are now under way in 40 countries and that national authorities from several of them are  tracking vaccine safety and regularly sharing their findings with the WHO.Reports from these countries suggest one possible adverse event per 10,000 doses, of which 5 of 100 were classified as serious events and are being investigated by country health officials, she said. A small number of deaths following vaccine administration have been reported. Some are still being investigated, while others have ruled out the vaccine as the cause of death.Kieny said the WHO has received fewer than 12 reports of suspected cases of Guillain-Barre syndrome (GBS), a rare side effect of the flu and other infections that was linked to a swine flu vaccine used by the United States in 1976. A WHO report on vaccine safety released today says GBS cases related to the H1N1 vaccine are fewer than 10.”Only a few [GBS cases] may be linked to the [pandemic H1N1] vaccine. The illnesses have been transient, and patients have recovered,” Kieny added.More typical reactions are local redness and muscle pain that resolve in a day or two, she said. Various allergic reactions have also been reported. The WHO has received reports on all of the different vaccine forms: adjuvanted, unadjuvanted, and live attenuated influenza vaccine (LAIV), which is the nasal-spray version. So far the WHO has not detected any safety profile differences among the various vaccine types, she said.”Vaccination campaigns continue worldwide, and the WHO will remain in close contact. The pandemic vaccine is as safe as the seasonal flu vaccine,” Kieny said. “We hope the safety information will dissipate worries over the vaccine.”At least 80 million doses of pandemic vaccine have been distributed, and, according to information from 16 countries, at least 65 million doses have been administered.Donated vaccine shipments to developing countries will start at the end of November and are slated to continue well into 2010, Kieny said. The WHO will try to provide only one type of vaccine for each country to streamline the logistics of handling the doses.See also:Nov 19 WHO pandemic briefing note: “Safety of pandemic vaccines”last_img read more

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Local GOP Meets At UNM-Los Alamos Sept. 5

first_imgGOP News: The community is invited to hear a County Council update, 6-6:30 p.m. by Los Alamos County Councilor Katrina Schmidt (DTS). All registered Republicans are invited to stay, 6:40-7:30 p.m. for a Central Committee business meeting. A light supper will be served. The Republican Party of Los Alamos announces this month’s meeting is Sept. 5 in Jeannette Wallace Hall, Building 5 at UNM-Los Alamos. Direct questions to leadership@losalamosgop.com.last_img

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New Mexico Land Office Seeks Advisory Committee Members

first_imgLand Commissioner Stephanie Garcia Richard announces an open application process to serve on advisory committees or working groups. Photo by Carol A. Clark/ladailypost.com NMSLO News:SANTA FE — New Mexico State Land Office and Commissioner Stephanie Garcia Richard announced Tuesday an open application process for New Mexicans interested in serving on advisory committees or working groups aimed to steward access to state trust land while helping the State Land Office fulfill their mission to raise revenue for public schools, hospitals, and universities. Applicants with expertise in agriculture, conservation, and hunting and sportspeople access are encouraged to apply. Link: Online Application“In 2019, we had trusted experts on a number of committees helping us steer rule changes and decisions,” Commissioner Garcia Richard said. “I personally thank everyone for their participation and the time that they devoted to these important causes. Moving forward, it is important to open up this process to more people, more perspectives, and more leaders from our state. These committees provided valuable feedback about the way we do business, and there is much more ahead in our collaborative efforts with those we do business with on behalf of our beneficiaries. I encourage all who are interested to apply.”Applications for the following committees and working groups are being accepted online through April 15, 2020:Advisory Committees:Agriculture – The Agriculture Advisory Committee provides expertise and feedback on a range of issues directly impacting agricultural lessees. The committee is comprised of agricultural lessees, ranchers, farmers, and industry-related organizations. The committee will meet in person in Santa Fe in April and September, and will be asked to be on-call to respond to emerging issues as they arise.Sportspeople – The Sportspeople Advisory Committee provide expertise and insight into hunting and other outdoor recreation activities that take place on New Mexico State Trust Land. This committee is mainly on-call to address issues that arise such as hunting closures and access issues, but it will have at least one in-person meeting in Santa Fe every September.Conservation – The Conservation Advisory Committee provides insight to the State Land Office to ensure conservation and improvement of our public lands. This committee takes on engagement and action. Members are asked to help raise environmental awareness, educate the public, and help coordinate their respective communities in support of the State Land Office’s stewardship efforts and long-term landscape level planning. This committee is primarily on-call, but it will have at least one in-person meeting in Santa Fe every November.Working Groups:Department of Game and Fish Easement – Every March, the State Land Office and the New Mexico Department of Game and Fish enter into an easement agreement to open up nearly 9 million acres of state trust land to hunters. This working group is comprised of agricultural lessees and sportspeople. The goal is to find compromises that both stakeholder groups can agree to in order to improve the experience of hunters and agricultural lessees during hunting season.Agricultural Leasing – The State Land Office is fortunate to have over 3,500 agricultural lessees that provide stewardship and safety throughout state trust land. This working group is comprised of agricultural lessees, and it will help the State Land Office make critical decisions regarding any changes to agricultural lease terms.Camping and Backpacking – The State Land Office in partnership with the New Mexico Department of Game and Fish will establish the first-ever pilot program on state trust land to allow for backpacking and dispersed camping in 2020. This working group is comprised of sportspeople and outdoor recreational experts who will advise on the pilot program.White Peak – For generations, families have used White Peak for camping and hunting, but access continues to be threatened. The State Land Office is committed to addressing these issues and finding solutions through this working group.last_img read more

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Territory Manager – Western Canada – Dorman Products

first_imgA dedicated position, concentrating on sales and support of new products and updates to the jobber and installer level. This position will dedicate efforts and time in a coordinated fashion with the region manager, rep agencies, key Warehouse Distributor’s and Jobbers.AdvertisementClick Here to Read MoreAdvertisement Essential Duties and Responsibilities This description in no way states or implies that these are the only duties to be performed by this position.  The incumbent will perform other job-related duties as assigned. • Develop intimate knowledge of all customers of the assigned Warehouse Distributors. • Develop a working relationship with those Jobbers and their Installers. • Develop a New Product distribution plan to maximize new product penetration and pull through. • Install and set up new product merchandising systems as needed. • Develop and utilize a call report system to measure fieldwork both internally and to the customer. • Accumulate competitive data for information bank building. • Train and develop WD sales people in effective new product selling techniques. • Train and develop jobber sales force to maximize product penetration to Counter people & Installers • Train the agency partners in effective selling techniques. • Assess the product needs of the Jobbers and Installers and communicate information to the Regional Manager. • Development of the business plan for assigned responsibility for integration into overall Region Plan. • Deployment of the business plan for assigned responsibility. • Deliver the sales plan within assigned expense, margin, and credit budget. • Coordination and execution of key regional trade shows, maximizing profitable sales results. • Foster strong constructive relationships within the Sales, Marketing, and Operations departments. • Up to 50% local travel required.Advertisement Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. • Basic computer knowledge in Excel and Word required • Excellent written and verbal communication skills • Can work well independently, and in a team environment • Strong organization skills, ability to multi task required • Priority setting and project management skills required Education and/or Experience University Degree or 5 years aftermarket experience.  Sales experience direct to the WD, Jobber and Installer level preferred. Interested applicants can submit a resume and cover letter to Dorman by clicking the Apply Now button below.last_img read more

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JohnDow Appoints Greg Iorfida To National Sales Manager, Dynamic Automotive

first_imgThe extensive product categories available through Dynamic include: * TPMS Service Kits & DVT Sensors* Brake & Fuel Lines* Body Shop Hardware* Wheel Studs & Nuts* Drain Plugs & Gaskets* Electrical Parts  AdvertisementClick Here to Read MoreAdvertisement For more information, visit www.johndow.com. Iorfida comes to JDI from TPMS Solutions, where he was co-owner and national sales manager, selling and marketing TPMS solutions, tools, sensors and service kits. Prior to that, he was a business development associate with the Business Advantage Division of Staples Office Supply Co. He has held sales, marketing and management positions throughout his career.  center_img Dease commented, “Greg brings over 25 years of general merchandise sales and marketing experience and over five years working in the TPMS automotive aftermarket industry. We are excited to add him to the JDI-Dynamic team and feel his leadership will benefit the Dynamic Automotive division at a time when the brand and its product line are expanding and making an impact on the marketplace.”   BARBERTON, Ohio – Joe Dease, president of JohnDow Industries, has announced the appointment of Greg Iorfida to the newly created position of national sales manager, Dynamic Automotive. The Dynamic brand is a national supplier of automotive fasteners, hardware and supplies. These products represent an emerging part of the JDI aftermarket business.last_img read more

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