EMAIL DETAILS
SUBJECT:
Turning the Lights Back on in Manufacturing Cities
PRI: NORMAL
FROM:
H
heartland@steelvalley.org
DATE:
2017-04-13 14:02:38
MSG_ID:
<1127684981440.1107648857781.2094823414.0.421001JL.2002@scheduler.constantcontact.com>
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TO:
H
hbiden@rosemontseneca.com
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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ April 12, 2017 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Turning the Lights Back On In Manufacturing Cities Dear H, We're excited to bring you the great news that KPS was just awarded the "Deal of the Year" for its turnaround of Anchor Glass, saving 2,000 manufacturing and union jobs in Heartland states like Ohio, Indiana, Minnesota, New York, Illinois and elsewhere. And, we're thrilled to bring you an exclusive interview with Michael Musuraca, Senior Advisor of ESG and Labor at Blue Wolf Capital Partners, LLC, and one of the labor movement's highest flying aviators of responsible investment. We're also humbled to share a recent article on SVA (Heartland's host) and its Strategic Early Warning Network (SEWN), in the Pittsburgh Post-Gazette, that focuses on saving the critical federal programs that support manufacturing innovation and jobs (from Trump Administration proposed budget cuts), and an archived Ted Talk with Olivier Scalabre, from Paris, who speaks incisively about the "fourth manufacturing revolution." Visit our Heartland Network website [http://r20.rs6.net/tn.jsp?f=001eVuPRxsnAa8w-RwyrB6SeGzgavf6UYNsYpQGzFlLQHgODYou9eiRmFY35r9KdeKKJ0AAjR_t2wmRXiaIzUBwXV-h_gqe3S3-vX_qxJi62N3P2kb0anwioYXY4g1joe2V_zIvMoLgLg1JwBlEEAHH3TErPKjht7BEfD9CwrdNjFMH2UCOofu-RA==&c=_qx5BGki-jy32SSG3t0NYKIxsCQBN7XFwQ31Ff92jdH5V2zik528tg==&ch=M1_wFMhwpVkLjm4OW-5k-oiRuWrBdDkFFYBtdcpZb29sVArcGYtHqQ==] to learn more. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SOCIAL ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Like us on Facebook [http://r20.rs6.net/tn.jsp?f=001eVuPRxsnAa8w-RwyrB6SeGzgavf6UYNsYpQGzFlLQHgODYou9eiRmChgW1bnxOlkv4Ia4UNQ9oOIE-0lb61S7oespbtiscavHw39adoX6Jt6NNx_7dJyc7oewpeaU0_KXgQVQ6t-hXGVLuWyssA9vlVMpRWS_acXaH-8rVHQJs7SS3iNSgpBH2_Tj3SDdOlsKnZmaFNSMp5kc9UbvJVJaXc4fXXF_4W6eIoIPO8Bb4MuSjw1G7xpd7DrvrEU_U6D2RvoGJQ7T8C382mW2ScFEg==&c=_qx5BGki-jy32SSG3t0NYKIxsCQBN7XFwQ31Ff92jdH5V2zik528tg==&ch=M1_wFMhwpVkLjm4OW-5k-oiRuWrBdDkFFYBtdcpZb29sVArcGYtHqQ==] Follow us on Twitter [http://r20.rs6.net/tn.jsp?f=001eVuPRxsnAa8w-RwyrB6SeGzgavf6UYNsYpQGzFlLQHgODYou9eiRmChgW1bnxOlkskNPZdi3vC6503q19Phgz--rGYijjIaG6HMa-7DUTQTudUdMsKLFKcHOGKMmMd3UXYM6EU_bn3aGC8Ma5I4e4KLhFNHu3rONf7ErpVIZMNwE8NtLeDHmX87j0yuGPudV&c=_qx5BGki-jy32SSG3t0NYKIxsCQBN7XFwQ31Ff92jdH5V2zik528tg==&ch=M1_wFMhwpVkLjm4OW-5k-oiRuWrBdDkFFYBtdcpZb29sVArcGYtHqQ==] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ LINKS OF INTEREST Heartland Capital Strategies [http://r20.rs6.net/tn.jsp?f=001eVuPRxsnAa8w-RwyrB6SeGzgavf6UYNsYpQGzFlLQHgODYou9eiRmJW8m4tv9nqW6H-jeWF9PbUjmk_v_bm3uxV69Su-NzdZNMKqCQ4aeNq4DH-qNfyrE06-n9DYg5g_qC2jiQRJITIcrra3nRFGI894igJ4C6dwu8Hxq2f-TC7O00rlzmajoA==&c=_qx5BGki-jy32SSG3t0NYKIxsCQBN7XFwQ31Ff92jdH5V2zik528tg==&ch=M1_wFMhwpVkLjm4OW-5k-oiRuWrBdDkFFYBtdcpZb29sVArcGYtHqQ==] Responsible Investor Handbook [http://r20.rs6.net/tn.jsp?f=001eVuPRxsnAa8w-RwyrB6SeGzgavf6UYNsYpQGzFlLQHgODYou9eiRmCqT7l2njeW3VNDl_KAfihhcpaJPq2KasE9X8uWhhPc2kbqCGheafTKdYEqJhlt3QIgt06ELE7Ko35SklgMsS_bd5O_DL87Tzo6AeWSoooZ9il42jappjmYvTvImEd84nSwGDi-vJr3o23_4BHC0BIiJh6eAr_MsMWIGnYRA6b2r&c=_qx5BGki-jy32SSG3t0NYKIxsCQBN7XFwQ31Ff92jdH5V2zik528tg==&ch=M1_wFMhwpVkLjm4OW-5k-oiRuWrBdDkFFYBtdcpZb29sVArcGYtHqQ==] HCS Events [http://r20.rs6.net/tn.jsp?f=001eVuPRxsnAa8w-RwyrB6SeGzgavf6UYNsYpQGzFlLQHgODYou9eiRmDeoP4A1K6OacYvaFtmH-iiye6zbXI7wcAqirJ49gfXoFE3x7T9QRA9pHvxd_LroVJpDlargI8M9-oivCXuRr1nE_X2lslXuOp9w9Rl4LFLLj0VvlbSxcyKAIZZPy6ytjQ==&c=_qx5BGki-jy32SSG3t0NYKIxsCQBN7XFwQ31Ff92jdH5V2zik528tg==&ch=M1_wFMhwpVkLjm4OW-5k-oiRuWrBdDkFFYBtdcpZb29sVArcGYtHqQ==] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ECOSYSTEM PARTNERS Sleigh Strategy, LLC Robert Samuel ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ KPS Deal of the Year! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ KPS Capital Partners' success with Anchor Glass Container stemmed from a combination of actions, led by KPS and company management. The moves helped the bottle maker boost EBITDA nearly 59 percent in less than three years, said Jay Bernstein, a partner at KPS. The New York buyout shop acquired Anchor Glass, which makes glass packaging products used by the liquor, beverage and food sectors, as a carve-out from Ardagh Group in 2014. The deal was valued at $435 million. KPS, along with its LPs, invested $140 million equity. The PE firm's buy of Anchor Glass surprised some. The company had filed for bankruptcy three times in the past 20 or so years. Anchor Glass's last trip through Chapter 11 came in 2005, when it was owned by Cerberus Capital Management. [READ MORE] [http://r20.rs6.net/tn.jsp?f=001eVuPRxsnAa8w-RwyrB6SeGzgavf6UYNsYpQGzFlLQHgODYou9eiRmLrTpJp5ExbFAPhbe-nCnWVWeR98fuDn0m-sYKgPwhVETgOG2-Kd2qIRXE3_mZp5ormLOJFTrnkX_hDsUP_0hvtmPma6L-d-1pp-g-OqiZi3IGsPNrE8NtdM_CK1-3OMnpGAE6bBNMmGBWN520ONOMnNirnKWCQm5o8rTWqEuIOKJ8QSZRScjVtzel0NL3bpWPdWD3rjrfjGXRhg5m37Lug7o3im6C-iKKcrdGWaBzliEb8RuT-R_38=&c=_qx5BGki-jy32SSG3t0NYKIxsCQBN7XFwQ31Ff92jdH5V2zik528tg==&ch=M1_wFMhwpVkLjm4OW-5k-oiRuWrBdDkFFYBtdcpZb29sVArcGYtHqQ==] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Investor Profile: Michael Musuraca, Blue Wolf Capital Partners, LLC ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Michael Musuraca is Senior Advisor of ESG and Labor of Blue Wolf Capital Partners LLC. The Blue Wolf Capital Funds (www.bluewolfcapital.com [http://r20.rs6.net/tn.jsp?f=001eVuPRxsnAa8w-RwyrB6SeGzgavf6UYNsYpQGzFlLQHgODYou9eiRmGD40dgtP0s6eKqqfcvhnYMrroJdvOpk4fPnKNTjHKVXtydQ13L4AJkcA9tMT6MixDMNOcJPWEnh2cdxQEM3C6J_BTXiRA9o71t-YvuKxdyer6Y1MTN7mdjjN9cNnqXjXA==&c=_qx5BGki-jy32SSG3t0NYKIxsCQBN7XFwQ31Ff92jdH5V2zik528tg==&ch=M1_wFMhwpVkLjm4OW-5k-oiRuWrBdDkFFYBtdcpZb29sVArcGYtHqQ==]) are a family of innovative private equity funds that have committed to responsibly transforming companies, strategically, operationally and collaboratively, to create sustainable value for stakeholders and investors. Mike is an internationally known leader in the fields of responsible investing, pension fund and corporate governance, and collective bargaining, and advises BW's partners and portfolio companies on these matters. From previous articles in the Thursday Espresso, we know that BW (editor's note: BW is a long-time Heartland sponsor), aims to manage challenging situations and complex relationships between business, customers, employees, unions and regulators to generate superior returns and build value for stakeholders. The firm includes investment professionals with extensive private equity investing experience, senior government service, and working with and for organized labor. [READ INTERVIEW] [http://r20.rs6.net/tn.jsp?f=001eVuPRxsnAa8w-RwyrB6SeGzgavf6UYNsYpQGzFlLQHgODYou9eiRmLrTpJp5ExbFejbsEB60Z3iVsQSk-t2KIB8LsPg2R5d3JGk6FXww3MNgz3VbtLakAh4g2sf0difA5PSEViyS2AhsQNj1un5KWYKwVemJxJR8UB1T567JXLlh0EkR8FV3XWgA11Un7ctEd_tXq6klGDlVk6-QHO3bc5KdfCJEw_Ko0pFNHzqDwmvw8ZxHt-ZvGJouKQPk8P5R_0XFq3_SAd-wyFAuj8bhNCDr4HgQvtzHUqQKE6Koq4473xUsUFAv1A==&c=_qx5BGki-jy32SSG3t0NYKIxsCQBN7XFwQ31Ff92jdH5V2zik528tg==&ch=M1_wFMhwpVkLjm4OW-5k-oiRuWrBdDkFFYBtdcpZb29sVArcGYtHqQ==] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Trump Budget puts Lifelines for Manufacturers on Chopping Block ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Aero Tech Designs, a young but growing manufacturer of athletic wear for bicyclists, wanted to adopt more efficient techniques to grow into a new facility on the North Shore. Bollman Hat Co., a hat maker based in Adamstown, Pa., needed to see that the remarkable decision to haul equipment back from China - and bring jobs once again to Pennsylvania - made business sense. Both companies recently turned to a relatively unknown government-funded support system with a record of helping small to mid-size manufacturers stay in business and grow jobs. Namely, two Reagan-era programs have saved more than 6,000 Pennsylvania jobs in the last five years and boast a 9-to-1 return on federal investment. Because of those marks, they have earned bipartisan support at the state and local level in particularly divided political times. [READ MORE] [http://r20.rs6.net/tn.jsp?f=001eVuPRxsnAa8w-RwyrB6SeGzgavf6UYNsYpQGzFlLQHgODYou9eiRmLrTpJp5ExbFXwWtzGsGIsgXuLt_GT_TIMuKR-hQWDiGPd3kRl1xoyTY9JXNl28Z7igiodUMkVI6M3IKb5Ja59u2YUR55urqkJN92geyN87Osc8f7HC0eWabI9K6E4TtxSY-cpp-8g_QI-pAMXIq4pbzhVoHC6F9BfergcaewrQkOEojSPADIWGhb37b_JdmES-_jQxGhLlcjDlIEE9g_iDSLcLMC9U1Gs4RT4Y7afQt9uV6qUk0iN8jRuz8VY2irA==&c=_qx5BGki-jy32SSG3t0NYKIxsCQBN7XFwQ31Ff92jdH5V2zik528tg==&ch=M1_wFMhwpVkLjm4OW-5k-oiRuWrBdDkFFYBtdcpZb29sVArcGYtHqQ==] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Next Manufacturing Revolution Is Here! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Economic growth has been slowing for the past 50 years, but relief might come from an unexpected place - a new form of manufacturing that is neither what you thought it was nor where you thought it was. Industrial systems thinker Olivier Scalabre details how a fourth manufacturing revolution will produce a macroeconomic shift and boost employment, productivity and growth. "The new manufacturing revolution will accelerate the transition of those emerging economies towards a model driven by domestic consumption. And this is good, because this is where growth will be created.In the next five years, the next billion consumers in China will inject more growth in our economies than the top five European markets together. This fourth manufacturing revolution is a chance for all of us. If we play it right, we'll see sustainable growth in all of our economies. This means more wealth distributed to all of us and a better future for our children." [WATCH HERE] [http://r20.rs6.net/tn.jsp?f=001eVuPRxsnAa8w-RwyrB6SeGzgavf6UYNsYpQGzFlLQHgODYou9eiRmLrTpJp5ExbFo0UwvQF6q6t-xKfyJiqALD3S7xqrvqv4dlTqT_VwnU__hamms1p1ieXsuRy4wbFhsxNbmgghqUAt6s6Ooh5cj-bXHp3jdpOFG4ZA1QiSedy8JVtuqAxrptyOXQeGreP76uUhbdWYHpGi8tjemqS9H-g7WWOmHcyjwkmChdAu2fzWgCYGpMrK4TkD7A9ousZoiYoH4JaOj3M1vuyn_BTA9Q==&c=_qx5BGki-jy32SSG3t0NYKIxsCQBN7XFwQ31Ff92jdH5V2zik528tg==&ch=M1_wFMhwpVkLjm4OW-5k-oiRuWrBdDkFFYBtdcpZb29sVArcGYtHqQ==] ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Heartland Capital Strategies [http://r20.rs6.net/tn.jsp?f=001eVuPRxsnAa8w-RwyrB6SeGzgavf6UYNsYpQGzFlLQHgODYou9eiRmGcoQtUhEg0V_3hWqMm599j4HZZmqGEEzraj_B0THq6BXIaUbznSx2Zq51_GsRQljy9jpUxaTjkLuEmC9svDWw48cUB44gntwNyc4rMgneXnPLowGZ_Q1WwRDsqV-dYUSg==&c=_qx5BGki-jy32SSG3t0NYKIxsCQBN7XFwQ31Ff92jdH5V2zik528tg==&ch=M1_wFMhwpVkLjm4OW-5k-oiRuWrBdDkFFYBtdcpZb29sVArcGYtHqQ==] fosters a "Community of Practice" for responsible economic impact investments. Heartland promotes strategic responsible investments to rebuild the rebuilt environment, renew the industrial commons, grow the clean economy, and make the boss more accountable. Inspired by the United Nations Principles for Responsible Investment (PRI), Heartland Capital Strategies (HCS) promotes investments and projects essential for revitalizing our productive economy and community prosperity. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Forward this email http://ui.constantcontact.com/sa/fwtf.jsp?llr=vvriqshab&m=1107648857781&ea=$hbiden@rosemontseneca.com$&a=1127684981440 This email was sent to hbiden@rosemontseneca.com by heartland@steelvalley.org. 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