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Cedar Rapids Bank & Trust to spend $13,692,000.00 to expand into new space in Cedar Rapids Iowa.

Cedar Rapids Bank & Trust to spend $13,692,000.00 to expand into new space in Cedar Rapids Iowa.

September 19, 2023 Craig Etkin

Cedar Rapids, Iowa — According to state and local development sources, Cedar Rapids Bank & Trust plans to invest $13,692,000.00 to build out new space in Cedar Rapids. The company plans to occupy the new space at 116 6th St Ne in Cedar Rapids, on or about July 1, 2024. According to the company website At Cedar Rapids Bank & Trust (CRBT), were more than a bank. Were People you can bank on to help individuals and businesses understand, explore and achieve their dreams through a comprehensive, relationship-driven approach. When our founders of CRBT drafted a plan to form a new community bank in 2001, they made a promise: To create an organization where relationships and service mattered. While we continue to be nimble and adapt to our changing industry and world around us, this philosophy thrives as the cornerstone of our mission, our hiring, our culture and therefore, our future. Headquartered in Cedar Rapids, CRBT has grown to 8 locations (5 in Cedar Rapids and 3 in Cedar Falls/Waterloo area) and over $1.9 billion in assets. We offer clients the tools of a major financial institution, the convenience of a one-stop financial resource and the client service experience that can only come from Cedar Rapids Bank & Trust. In addition, all decisions affecting clients relationships are made by people who live, work and are actively involved in serving our community. We also take pride in serving as connectors within our communities surrounding clients with additional people and resources to help them succeed. This sense of pride also extends beyond the bank walls as our employees contribute volunteer leadership and participation to over 100 local non-profit and economic development organizations. We understand that we will never be better than the communities we serve. We invite you to stop by any one of our locations and experience Cedar Rapids Bank & Trust, where there are always People you can bank on.

To learn more about Cedar Rapids Bank & Trust, visit http://crbt.bank/

Company Contact:
Larry Helling, Chief Executive Officer
https://www.linkedin.com/in/larry-j-helling-37b037139/
319-862-2728

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.


Commercial Relocation
1360, Cedar Rapids, Cedar Rapids Bank & Trust, Commercial Relocation, Iowa

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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