WellBiz Brands Announces Benjamin Marmor as Chief Financial Officer
Image File
Original HTML

Seasoned finance executive brings more than 25 years of leadership experience to support continued growth across leading beauty, health and wellness franchise portfolio

DENVER, Sept. 15, 2026 /PRNewswire/ -- WellBiz Brands, Inc., the global franchisor of five leading beauty and wellness brands, Drybar®, Elements Massage®, Fitness Together®, Amazing Lash Studio® and Radiant Waxing®, announced today the appointment of Benjamin Marmor as chief financial officer. Marmor, who joined the company Aug. 10, brings more than 25 years of finance and strategy leadership experience across Fortune 1000 companies and multi-unit organizations.

"Ben brings an impressive combination of financial leadership, strategic thinking and experience supporting large, complex organizations," said Amanda Clark, CEO of WellBiz Brands. "As WellBiz Brands continues to grow, his ability to connect financial strategy with long-term business objectives will be instrumental in helping us strengthen our portfolio, support our franchisees and position our brands for continued success."

Marmor most recently served as chief financial and strategy officer at Diversified Restaurant Group, the largest Taco Bell franchisee by revenue, where he led finance, accounting and strategy for an $840 million portfolio spanning 370 restaurants. In the role, he helped guide financial strategy and operations across a large-scale, multi-unit franchise organization.

Prior to Diversified Restaurant Group, Marmor served as CFO of Duraflame and held senior finance leadership positions at Southern Glazer's Wine & Spirits and Lutron Electronics. He also spent more than a decade with Brown-Forman Corporation, holding roles across corporate development, investor relations, international strategy and finance.

"WellBiz Brands has built a strong portfolio of category-leading concepts with tremendous opportunity ahead," said Marmor. "I'm thrilled to join the organization and work alongside its leadership team and franchisees to build on that foundation. I look forward to bringing my experience in finance and strategy to help drive sustainable growth and create long-term value across the WellBiz Brands portfolio."

For more information about WellBiz Brands and its portfolio of franchise opportunities, visit our website.

About WellBiz Brands Inc.:

WellBiz Brands Inc. is the pre-eminent beauty and wellness franchise platform catering to the needs of the affluent female consumer. The WellBiz Brands' portfolio features category leaders including Amazing Lash Studio®, Drybar®, Elements Massage®, Fitness Together® and Radiant Waxing®. The company's cross-brand digital marketing program drives effective member acquisition strategies, creating a world-class membership ecosystem. WellBizONE™ system, a proprietary technology platform, enhances studio operations for franchisees, fueling member engagement and retention. With expertise in supply chain management, e-commerce and product innovation, WellBiz Brands provides franchisees with a leading edge. The company has received national recognition on lists such as the Inc. 5000 Fastest Growing Companies, Entrepreneur's Franchise 500 and Franchise Times Fast & Serious, among others. For more information, visit WellBizBrands.com.

SOURCE WellBiz Brands

Share this article

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
prn_302878068
Press Eligible
Yes
Press Eligible Reason
Corporate executive appointment and growth strategy news about a franchise business.
Source Name
Unknown Company
Original Summary

<p>Seasoned finance executive brings more than 25 years of leadership experience to support continued growth across leading beauty, health and wellness franchise portfolio DENVER, Sept. 15, 2026 /PRNewswire/ -- WellBiz Brands, Inc., the global franchisor of five leading beauty and wellness...</p>

Image URL
https://mmx.prnewswire.com/media/MS1987649/BenMarmor.jpg?id=OA2946786&p=facebook
Content Hash (SHA-256, erste 32 hex)
78f9f8cf1d5f8d7a48463909ba32cc9b
Hindsait Approved for the CMS Health Tech Ecosystem for Electronic Prior Authorization
Image File
Original HTML

Purpose-built clinical AI company joins CMS initiative to modernize prior authorization ahead of 2027 interoperability requirements

HACKENSACK, N.J., Sept. 15, 2026 /PRNewswire/ -- Hindsait, Inc., a healthcare Intelligence company specializing in clinical natural language processing and prior authorization technology, today announced it has been approved for the Electronic Prior Authorization category within the CMS Health Tech Ecosystem.

The milestone positions Hindsait among the organizations working with the Centers for Medicare and Medicaid Services to modernize prior authorization ahead of the CMS Interoperability and Prior Authorization Final Rule (CMS-0057-F), which takes effect in 2027. The Ecosystem's Electronic Prior Authorization effort brings together payers, providers, EHR vendors, and digital health developers to move prior authorization toward interoperable, end-to-end workflows.

"Prior authorization has been one of the most persistent points of friction in American healthcare," said Pinaki Dasgupta, Founder and CEO of Hindsait. "Being recognized within the CMS Health Tech Ecosystem affirms the approach we've taken for more than a decade: using AI to augment clinical judgment, not replace it, so determinations are faster, more consistent, and fully auditable."

Hindsait's platform is live in production at Wisconsin Physicians Service (WPS), a leading Medicare Administrative Contractor, supporting Medicare Part A and Part B determinations, where it demonstrated a 53 percent reduction in prior authorization processing time, results published in a joint white paper with WPS Health.

Hindsait is not an LLM wrapper. Its core engine runs on purpose-built clinical models trained on more than 100 million real PHI records from across the U.S. healthcare system, not general web text. Protected health information stays within a secured, client-controlled U.S. environment, giving payers forecastable cost and auditable determinations rather than a black box.

Hindsait has operated prior authorization technology in production for over a decade. The company is HITRUST CSF and SOC 2 Type II audited and was named a Representative Vendor in a 2026 Gartner report on Intelligent Prior Authorization.

About Hindsait, Inc.

Hindsait, Inc., founded in 2013 and headquartered in Hackensack, New Jersey, serves health plans, payers, Medicare Administrative Contractors, and providers with a platform designed to augment clinical judgment, reduce administrative burden, and improve the speed and consistency of prior authorization determinations. Visit hindsait.ai.

SOURCE Hindsait, Inc.

Share this article

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
prn_302878894
Press Eligible
Yes
Press Eligible Reason
Healthcare AI company joins a CMS initiative to modernize electronic prior authorization for payers, providers, and technology vendors.
Source Name
Unknown Company
Original Summary

<p>Purpose-built clinical AI company joins CMS initiative to modernize prior authorization ahead of 2027 interoperability requirements HACKENSACK, N.J., Sept. 15, 2026 /PRNewswire/ -- Hindsait, Inc., a healthcare Intelligence company specializing in clinical natural language processing and...</p>

Image URL
https://mmx.prnewswire.com/media/MS1987848/Hindsait-Logo.jpg?id=OA2947417&p=facebook
Content Hash (SHA-256, erste 32 hex)
4017e1a0e1fd75e7cc9d6d56e0a1e65a
PowerA Brings the Magic of Harry Potter™ to Gaming Accessories Through New Partnership with Warner Bros. Discovery Global Consumer Products
Image File
Original HTML

Officially licensed Harry Potter™ accessories for Nintendo Switch™ and Xbox™

are now available, kicking off a multi-year collaboration.

WOODINVILLE, Wash., Sept. 15, 2026 /PRNewswire/ -- PowerA, a global leader in officially licensed gaming accessories, today announced a new multi-year licensing partnership with Warner Bros. Discovery Global Consumer Products to develop a collection of Harry Potter™-inspired gaming accessories for Nintendo Switch™ and XBOX™ platforms.

Available today, the debut collection includes a Nintendo Switch 2 Advantage Wireless Controller (MSRP $69.99) and Nintendo Switch 2 Protection Cases (MSRP $24.99), each inspired by one of the four Hogwarts™ houses, allowing fans to showcase their house pride.

The collection also features an XBOX Wired Controller (MSRP $34.99) showcasing Harry Potter, Hermione Granger, Ron Weasley, and other beloved characters in a playful Chibi-inspired art style, as well as the Xbox Advantage Wireless Controller (MSRP $99.99) inspired by the excitement and competitive spirit of Quidditch™, complete with gold-accented design details. The collection is available now on PowerA.com and at participating retailers.

Inspired by one of the world's most beloved and enduring entertainment franchises, the collection allows fans to celebrate their connection to the wizarding world through officially licensed gaming accessories designed for everyday play. Featuring iconic artwork inspired by the Harry Potter film series, the collection brings the magic of Hogwarts to Nintendo Switch 2 and XBOX gaming setups.

"As a lifelong Harry Potter fan, this partnership is especially meaningful," said Kiley Jacobson, Director of Licensing & Strategic Partnerships at PowerA. "Our goal is to design accessories that feel authentic to the wizarding world and resonate with those who hold it close to their hearts, while delivering the quality and performance expected from PowerA. We're excited to build on this partnership and collaborate on even more magical products to come."

The Harry Potter collection joins PowerA's portfolio of officially licensed gaming accessories, which includes partnerships across some of the most recognizable names in gaming and entertainment.

About PowerA

PowerA creates innovative accessory products that enhance the world's best video game and mobile technology experiences. A brand known for high standards and quality manufacturing, PowerA delivers some of the most reliable products, including game controllers, cases, starter kits, and a wide collection of other accessories. PowerA products are available across the globe at major retailers including North America, Europe, Asia, Australia, and Latin America. To learn more, visit PowerA.com.

About ACCO Brands

ACCO Brands, the Home of Great Brands Built by Great People, designs, manufactures and markets consumer and end-user products that help people work, learn, and play. Our widely recognized brands include AT-A-GLANCE®, Five Star®, Kensington®, Leitz®, Mead®, PowerA®, Swingline®, Tilibra® and many others. More information about ACCO Brands Corporation (NYSE: ACCO) can be found at www.accobrands.com.

About Warner Bros. Discovery Global Consumer Products:

Warner Bros. Discovery Global Consumer Products (WBDGCP), part of Warner Bros. Discovery's Revenue & Strategy division, extends the company's powerful portfolio of entertainment brands and franchises into the lives of fans around the world. WBDGCP partners with best-in-class licensees globally on award-winning toy, fashion, home décor and publishing programs inspired by the biggest franchises from Warner Bros.' film, television, animation, and games studios, HBO, Discovery, DC, Cartoon Network, HGTV, Eurosport, Adult Swim, and more. With innovative global licensing and merchandising programs, retail initiatives, and promotional partnerships, WBDGCP is one of the leading licensing and retail merchandising organizations in the world.

About the Harry Potter franchise:

From the moment eleven-year-old Harry Potter met Rubeus Hagrid, Keeper of Keys and Grounds at Hogwarts School of Witchcraft and Wizardry, his adventures have left an indelible mark on popular culture. Today, over 25 years later, the Harry Potter phenomenon thrives as one of the most successful and best-loved entertainment properties in history.

J.K. Rowling's best-selling Harry Potter novels have been brought to life in an ever-evolving, interconnected universe which is loved by millions of fans worldwide. Eight blockbuster Harry Potter films and three epic Fantastic Beasts films bring the spellbinding action to life on screen, Harry Potter and the Cursed Child mesmerizes on stage, and state-of-the-art video and mobile games from Portkey Games allow players to experience the wizarding world like never before. Fans can proudly showcase their passion through innovative consumer products, and thrill at spectacular location-based experiences - including themed lands at six Universal Destinations and Experiences theme parks around the world.

This expanding portfolio of Warner Bros. Discovery-owned Harry Potter and Fantastic Beasts offerings includes ground-breaking touring experiences and events, each developed to celebrate special moments and locations that fans cherish, as well as Harry Potter Shops in King's Cross, New York, Chicago, Akasaka, and Harajuku. Wizards, witches and Muggles alike can also discover something new as they explore behind-the-scenes secrets at Warner Bros. Studio Tour London – The Making of Harry Potter and Warner Bros. Studio Tour Tokyo – The Making of Harry Potter.

With a new HBO Original TV series based on the Harry Potter books on the way, this extended world continues to provide the community with fresh and exciting ways to interact. For its global fans, and for generations to come, it invites everyone in to find the magic for themselves.

For the latest Harry Potter and Fantastic Beasts news and features, visit www.harrypotter.com.

All characters and elements © & ™ Warner Bros. Entertainment Inc. Publishing Rights © JKR. (s25)

SOURCE PowerA

Share this article

Class (B2B/B2C)
B2C
Ingest Status
Rewritten
Dedupe hash
prn_302879186
Press Eligible
Yes
Press Eligible Reason
Product partnership and launch of officially licensed gaming accessories for consumers.
Source Name
Unknown Company
Original Summary

<p>Officially licensed Harry Potter™ accessories for Nintendo Switch™ and Xbox™ are now available, kicking off a multi-year collaboration. WOODINVILLE, Wash., Sept. 15, 2026 /PRNewswire/ -- PowerA, a global leader in officially licensed gaming accessories, today announced a new multi-year...</p>

Image URL
https://mmx.prnewswire.com/media/MS1988419/HarryPotter_Press_Release_V2.jpg?id=OA2948785&p=facebook
Content Hash (SHA-256, erste 32 hex)
79d4aa866ab3ab12e06093b63d81606b
Rob Adams Joins Pella Corporation as Executive Vice President, Operations
Image File
Original HTML

Rob Adams Joins Pella Corporation as Executive Vice President, Operations

Experienced Operations Leader to Accelerate Performance and Support Pella's Next Phase of Growth

PELLA, Iowa, Sept. 15, 2026 /PRNewswire/ -- Pella Corporation is pleased to announce the appointment of Rob Adams as Executive Vice President, Operations, effective September 14, 2026. Adams brings more than 30 years of leadership experience spanning manufacturing, industrial products, and consumer goods. Most recently, he served as Senior Vice President and Chief Manufacturing and Supply Chain Officer for American Woodmark Corporation, where he led manufacturing, logistics, materials, engineering, and quality functions.

Throughout his career, Adams has led large-scale business transformation efforts, including M&A integration, change management, Lean and Six Sigma implementation, product development, systems integration and global operations. He has a proven track record of leveraging technology, innovation, and continuous improvement to drive operational excellence and business performance.

"We are thrilled to welcome Rob to Pella Corporation," said Emily Videtto, President and CEO of Pella Corporation. "Rob brings the operational depth and people leadership to help lead Pella's next phase of growth. He has built and transformed complex operations at scale by developing strong teams, embracing technology and driving disciplined execution. I'm confident Rob will be a strong addition to our team as we continue evolving our operations to support our customers, our growing portfolio of brands and our long-term aspirations."

As Executive Vice President, Operations, Adams will lead Pella's manufacturing, engineering and supply chain organizations. He will focus on building a more connected, flexible and scalable operation to advance quality, productivity and reliable delivery for customers. His appointment reflects Pella's belief that operational excellence is a critical driver of profitable growth and long-term competitive advantage.

"I am honored to join Pella Corporation and become part of such a respected organization with a strong culture and commitment to excellence," said Adams. "I look forward to learning the business, spending time with teams across the organization, and building on Pella's strong foundation as we pursue new opportunities to advance performance and serve our customers."

Adams holds a Bachelor of Science in Electrical Engineering and a Master of Science in Management from Drexel University.

About Pella Corporation

Pella has been creating a brighter future for its customers, communities, and team members since 1925. Recognized as an industry leader in innovation, Pella Corporation designs and manufactures windows and doors for residential homes and commercial applications. The company is headquartered in Pella, Iowa, and employs more than 10,000 team members across 20 manufacturing locations and 200 showrooms nationwide. For more information, visit https://www.pella.com/.

SOURCE Pella Corporation

Share this article

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
prn_302878191
Press Eligible
Yes
Press Eligible Reason
QA FAIL (need review): TARGET states '30-year manufacturing veteran' but SOURCE specifies 'more than 30 years of leadership experience' across multiple industries. This is a factual deviation in both duration (exact 30 vs. more than 30) and scope (manufacturing only vs. broader leadership experience). All other facts check out, and the ending is acceptable.
Source Name
Unknown Company
Original Summary

<p>Experienced Operations Leader to Accelerate Performance and Support Pella's Next Phase of Growth PELLA, Iowa, Sept. 15, 2026 /PRNewswire/ -- Pella Corporation is pleased to announce the appointment of Rob Adams as Executive Vice President, Operations, effective September 14, 2026. Adams...</p>

Image URL
https://mmx.prnewswire.com/media/MS1988187/Rob-Adams.jpg?id=OA2948219&p=facebook
Content Hash (SHA-256, erste 32 hex)
6807ee147b4c12561b33eef5128fd702
NOVVA Group secures landmark 3.17 GW renewable energy portfolio from ABO Energy to power global AI infrastructure
Image File
Original HTML

NOVVA Group secures landmark 3.17 GW renewable energy portfolio from ABO Energy to power global AI infrastructure

PARIS, Sept. 15, 2026 /PRNewswire/ -- NOVVA Group ("Novva"), an integrated industrial and financial AI Infrastructure Platform dedicated to IDCs, Powered Land, Powered Shells, and renewable energy infrastructure, today announced the execution of a binding framework agreement in Paris to acquire a landmark 3.17 GW renewable energy portfolio in Argentina from German developer ABO Energy.

The agreement, signed by Steven Liu, Founder and CEO of Novva, and Dr Karsten Schlageter, Managing Director of ABO Energy, builds on the successful acquisition of three solar projects in Colombia from ABO Energy earlier this year. Together with active developments across emerging markets, this transaction significantly reinforces Novva's global energy foundation and accelerates its expansion into Latin America.

Operating as an energy investment bank for the AI era, Novva integrates development, financing, and end-to-end delivery to provide bankable, aggregated clean power for next-generation data centres, Powered Land, and Powered Shells across the globe.

"Securing this 3.17 GW portfolio marks a decisive leap in our Latin America pipeline," said Steven Liu, Founder and CEO of Novva. "This upcoming acquisition propels Novva into the top-tier of regional renewable energy platforms and establishes us as one of the fastest-scaling infrastructure players powering the AI era. As computing demand reshapes global energy requirements, assembling high-quality wind and solar assets at scale delivers the certainty and bankability the AI economy demands."

"The upcoming transaction is in line with our strategy of focusing on core markets. We are pleased to continue our successful collaboration with Novva," commented Dr Karsten Schlageter.

–ENDS–

About Novva

Novva (NOVVA Group Pte. Ltd.) is an investment and development platform for IDCs, IDC power infrastructure, and renewable energy — delivering end-to-end turnkey execution across development, financing, construction and operations. Registered in Singapore, Novva operates across Europe, Latin America, Southeast Asia and Central Asia.

www.novvaglobal.com

About ABO Energy

ABO Energy is a globally recognised developer and constructor of renewable energy projects headquartered in Wiesbaden, Germany. The company specialises in wind, solar, and storage technologies, managing the full process from site assessment and licensing to engineering, financing, and long-term operational management.

www.aboenergy.com

SOURCE NOVVA Group

Share this article

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
prn_302879107
Press Eligible
Yes
Press Eligible Reason
QA FAIL (need review): Final paragraph is a generic 'About Novva' corporate description copied from the source's boilerplate (registered in Singapore, operating regions) and adds no news context or summary of the acquisition event.
Source Name
Unknown Company
Original Summary

<p>PARIS, Sept. 15, 2026 /PRNewswire/ -- NOVVA Group ("Novva"), an integrated industrial and financial AI Infrastructure Platform dedicated to IDCs, Powered Land, Powered Shells, and renewable energy infrastructure, today announced the execution of a binding framework agreement in Paris to...</p>

Image URL
https://mmx.prnewswire.com/media/MS1988683/20260915084347EDT_image_1.jpg?id=OA2949610&p=facebook
Content Hash (SHA-256, erste 32 hex)
a19332ec09567cb8a7bc940730bbacc8
E Source Adds Live Scenario Planning to GridInform® Vegetation Intelligence Software
Image File
Original HTML

Utilities can easily model multi-year vegetation investment strategies and quantify reliability, risk, and cost tradeoffs on demand before committing resources.

Key Points

- Evaluate vegetation management strategies and understand how operational and investment decisions influence future reliability performance.

- Replace static analysis with modeled, multi-year vegetation plans created on demand.

- Deliver data-backed vegetation investment plans that withstand regulatory and stakeholder scrutiny.

DALLAS, Sept. 15, 2026 /PRNewswire/ -- E Source today announced new advanced scenario planning capabilities in its GridInform® Vegetation Intelligence software, enabling electric utilities to model and compare multi-year vegetation management strategies and quantify their impact on reliability, risk, and cost before committing field resources and capital. For vegetation program managers and utility planners, this shifts vegetation management from reactive decision-making to forward-looking strategy evaluation, optimizing investment with data-backed plans that withstand stakeholder and regulatory scrutiny.

Scenario Planning for Long-Term Vegetation Management

Long-range vegetation strategy planning often relies on static analyses or periodic studies that can be time-consuming to produce and difficult to update as system conditions change.

With this new feature, utilities can run long-term vegetation planning scenarios directly within the Vegetation Intelligence software, enabling a more dynamic and data-driven approach. Instead of relying on point-in-time analyses or external studies, teams can evaluate strategies in real time and significantly reduce planning timelines from months to minutes.

It allows utilities to evaluate vegetation investment strategies over five to ten years by integrating infrastructure data, vegetation conditions, weather exposure, and outage history. Users can test program designs, compare cycle-based maintenance with targeted work, and assess how changes in funding and prioritization influence future reliability outcomes and cost trajectories.

Why This Matters to Utilities

Vegetation is a leading driver of outages and a primary source of reliability risk for utilities, yet long-term investment decisions are often made without the ability to test how different strategies will perform over time. Vegetation Intelligence uses integrated infrastructure, environmental, and outage data to identify where vegetation creates the greatest reliability risk and guide prioritization decisions. Scenario planning builds on this foundation by enabling utilities to evaluate potential outcomes before work is executed, shifting vegetation management from reactive decision-making to forward-looking strategy evaluation.

"What's changing is not just how vegetation decisions are made, but what utilities are expected to justify," said Jonah Keim, Vice President, Deliverability at E Source. "As investments face increasing scrutiny, approaches that can't link spend to reliability outcomes are becoming harder to defend. E Source's scenario planning capability allows utilities to demonstrate that linkage in advance."

Utilities using the scenario planning capability report clearer visibility into where vegetation risk is concentrated and greater confidence in how investment decisions affect reliability outcomes.

For more information, visit: https://www.esource.com/solutions/vegetation-intelligence.

About E Source

E Source combines industry-leading customer, grid, and technology solutions to help utilities make and implement better data-driven decisions that positively impact their customers, their bottom line, and the planet. Headquartered in Dallas, TX, E Source has teams across the US and Canada. Learn more at www.esource.com.

Media Contact

Lisa Pagliuca

Vice President, Sales Enablement

617-301-4637

[email protected]

SOURCE E Source Companies LLC

Share this article

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
prn_302864625
Press Eligible
Yes
Press Eligible Reason
E Source announced new scenario planning capabilities for utility vegetation management software, a relevant enterprise technology product update.
Source Name
Unknown Company
Original Summary

<p>Utilities can easily model multi-year vegetation investment strategies and quantify reliability, risk, and cost tradeoffs on demand before committing resources. Key Points Evaluate vegetation management strategies and understand how operational and investment decisions influence future...</p>

Image URL
https://mmx.prnewswire.com/media/MS1977683/E-Source-Scenario-Planning-feature.jpg?id=OA2918485&p=facebook
Content Hash (SHA-256, erste 32 hex)
044e04576625063b45af88a29b70795e
Transformer Oil Market worth $2.87 billion by 2031 | MarketsandMarkets™
Image File
Original HTML

DELRAY BEACH, Fla., Sept. 15, 2026 /PRNewswire/ -- According to MarketsandMarkets™, the global Transformer Oil Market size is projected to grow from USD 2.18 billion in 2026 to USD 2.87 billion by 2031 at a compound annual growth rate (CAGR) of 5.6% during the forecast period.

Browse through 160 market data tables and 60 figures spread across 260 pages and an in-depth TOC on the "Transformer Oil Market – Global Forecast to 2031."

The global Transformer Oil Market is growing steadily, driven by increasing investments in transmission and distribution infrastructure, grid modernization, renewable energy integration, and replacement of aging transformers. Rapid expansion of electricity generation capacity and growing electricity demand are driving the installation of new power and distribution transformers across developed and emerging economies. In addition, the expansion of high-voltage transmission networks and renewable energy evacuation infrastructure is creating additional demand for transformer oils used for electrical insulation and heat dissipation.

The growing emphasis on transformer efficiency, fire safety, asset reliability, and environmental sustainability is also shaping the market. While mineral-based transformer oils continue to dominate because of their established performance, availability, and cost competitiveness, demand for bio-based and ester-based insulating fluids is rising in applications that prioritize biodegradability, high fire point, and lower environmental impact. Technological developments in transformer design and the increasing deployment of high-capacity transformers further support demand for high-performance insulating fluids.

Transformer Oil Market Size & Forecast:

- Market Size Available for Years: 2022–2031

- 2025 Market Size: USD 2.07 billion

- 2031 Projected Market Size: USD 2.87 billion

- CAGR (2026–2031): 5.6%

Transformer Oil Market Trends & Insights:

- By region, the North American market is expected to register the highest CAGR of 5.2% during the forecast period.

- By type, the bio-based oil segment is expected to register the highest CAGR of 4.3% during the forecast period.

- By application, the transformers segment registers the highest CAGR during the forecast period.

- By end user, the transmission & distribution segment registers the highest CAGR during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=967

By oil type, the bio-based oil segment is likely to record the highest CAGR during 2026–2031.

Bio-based transformer oil is expected to witness the highest growth rate during the forecast period, supported by increasing emphasis on fire-safe, biodegradable, and environmentally preferable alternatives to conventional mineral oils. Bio-based and natural ester fluids offer a high fire point and strong biodegradability, making them particularly suitable for urban substations, distribution transformers, renewable energy installations, and environmentally sensitive locations. The growing integration of solar and wind power into electricity grids is creating additional opportunities for bio-based transformer oils, as utilities and transformer OEMs increasingly consider sustainability and lifecycle environmental performance when selecting equipment. Stricter environmental requirements, corporate sustainability targets, and the need to minimize the environmental impact of transformer failures and oil spills are expected to further support adoption. Although higher initial cost and a limited installed base compared with mineral oil remain challenges, growing awareness of lifecycle benefits is expected to accelerate market penetration of bio-based transformer fluids.

By end user, the railways & metros segment is the second-largest segment during the forecast period.

Railways & metros are expected to account for the second-largest share of the Transformer Oil Market by end user, supported by continued railway electrification, expansion of urban metro networks, and modernization of traction power infrastructure. Electrified railway systems require transformers across traction substations, power distribution networks, railway substations, and auxiliary power systems, creating sustained demand for transformer oils. The expansion of metro and rail networks in densely populated cities is further increasing the requirement for reliable electrical infrastructure to support growing passenger volumes and higher service frequencies. Investment in high-speed rail, railway electrification, metro rail systems, and dedicated freight corridors is creating new opportunities for transformer oil suppliers. Asia Pacific represents a particularly important market, supported by large-scale rail infrastructure investments in countries such as China and India, while Europe continues to invest in railway electrification and network modernization. In addition to new infrastructure, replacing and refurbishing aging traction transformers and substations generates recurring demand for insulating fluids.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=967

Asia Pacific is expected to be the fastest-growing region in the Transformer Oil Market during the forecast period.

Asia Pacific is expected to be the fastest-growing region in the Transformer Oil Market during the forecast period, driven by rapid expansion of electricity infrastructure, industrialization, urbanization, and renewable energy capacity across countries such as China and India. Large-scale investments in transmission and distribution networks, grid modernization, high-voltage transmission systems, and new power generation capacity are driving demand for transformers and associated insulating fluids. China and India are key growth markets due to their expanding electricity networks and significant investments in renewable energy integration. The development of new transmission corridors to connect remote renewable generation with major demand centers is further increasing the requirement for high-capacity transformers. In addition, ongoing replacement of aging grid infrastructure and expansion of electrification into underserved areas are generating recurring demand for transformer oils. Increasing investments in railway electrification and metro infrastructure across the region are also creating opportunities for transformer oil suppliers serving traction substations and railway power systems.

Top Companies in Transformer Oil Industry:

The Transformer Oil Industry include Nynas AB (Sweden), APAR Industries Ltd. (India), Ergon, Inc. (US), Cargill, Incorporated (US), Petro-Canada Lubricants Inc. (Canada), Sinopec Corporation (China), Exxon Mobil Corporation (US), Shell plc (UK), Calumet Specialty Products Partners, L.P. (US), Savita Oil Technologies Limited (India), and Hydrodec Group plc (UK). These companies are strengthening their market positions through product portfolio expansion, development of high-performance and bio-based transformer fluids, capacity expansion, strategic partnerships, geographic expansion, and investments in sustainable insulating oil technologies. The competitive landscape is increasingly shaped by the shift toward environmentally preferable transformer fluids, renewable energy integration, grid modernization, and the need for reliable, high-performance insulating solutions, creating opportunities for both established global suppliers and regional manufacturers.

For more information, Inquire Now!

Related Reports:

Gas-Insulated Switchgear Market

Air Insulated Switchgear Market

Get access to the latest updates on Transformer Oil Companies and Transformer Oil Industry

About MarketsandMarkets™:

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:

Mr. Rohan Salgarkar

MarketsandMarkets™ INC.

1615 South Congress Ave.

Suite 103, Delray Beach, FL 33445

USA: +1-888-600-6441

Email: [email protected]

Visit Our Website: https://www.marketsandmarkets.com/

SOURCE MarketsandMarkets

Share this article

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
prn_302878697
Press Eligible
Yes
Press Eligible Reason
Industry market forecast and business analysis of transformer oil demand, applications, and suppliers.
Source Name
Unknown Company
Original Summary

<p>DELRAY BEACH, Fla., Sept. 15, 2026 /PRNewswire/ -- According to MarketsandMarkets™, the global Transformer Oil Market size is projected to grow from USD 2.18 billion in 2026 to USD 2.87 billion by 2031 at a compound annual growth rate (CAGR) of 5.6% during the forecast period. Browse...</p>

Image URL
https://mmx.prnewswire.com/media/MS1173081/MarketsandMarkets-Logo.jpg?id=OA2949125&p=facebook
Content Hash (SHA-256, erste 32 hex)
7b431d2e38ef0e12e301518679d59c90
GENESIS INVESTS $65,000 IN YOUTH SPORTS AND STEAM PROGRAMS ACROSS COASTAL GEORGIA
Image File
Original HTML

- Contributions support First Tee Savannah, Frank Callen Boys & Girls Club, Girls on the Run South Georgia, Savannah United, and Savannah College of Art and Design

- Genesis hosts Child Creativity Lab STEAM workshop at Ebenezer Middle School

SAVANNAH, Ga., Sept. 15, 2026 /PRNewswire/ -- Genesis recently announced $65,000 in contributions to five organizations advancing youth sports and science, technology, engineering, arts, mathematics (STEAM) education throughout coastal Georgia. In addition to the donations, Genesis hosted a STEAM workshop for students at Ebenezer Middle School, providing hands-on learning experiences designed to inspire the next generation of innovators. The region is home to Hyundai Motor Group Metaplant America (HMGMA), Hyundai Motor Group's dedicated electric vehicle manufacturing facility in Bryan County, Georgia.

"Investing in young people today helps build stronger communities tomorrow," said Brandon Ramirez, director, corporate social responsibility, Genesis Motor America. "Through support for youth sports, arts education, and STEAM learning, Genesis is helping students develop skills that can benefit them throughout their lives and future careers."

Genesis is committed to the development of the future generation through Genesis Gives, its corporate social responsibility initiative focused on supporting youth sports, STEAM education, and sustainability.

Supporting Youth Sports and Education in Coastal Georgia

The following organizations received donations from Genesis:

- First Tee Savannah: Since 2023, Genesis has partnered with First Tee Savannah, a youth development organization that introduces young people to the game of golf while teaching valuable life skills and character-building principles, including confidence, perseverance, and resilience.

- Frank Callen Boys & Girls Club: The Frank Callen Boys & Girls Club provides local youth with academic support, enrichment activities, mentoring, and safe spaces to learn and grow. Genesis' contribution will help expand STEAM programs for young people to develop critical thinking skills and confidence needed to thrive both inside and outside the classroom.

- Girls on the Run South Georgia: Genesis has supported Girls on the Run South Georgia since 2022. The organization delivers evidence-based programs that combine physical activity with lessons designed to strengthen confidence, foster healthy relationships, and equip participants with important life skills.

- Savannah United: A Genesis partner since 2022, Savannah United provides youth soccer programs through leagues, camps, and tournaments that promote teamwork, leadership, character development, and healthy lifestyles among children throughout the region.

- Savannah College of Art and Design (SCAD): Genesis continues its partnership with SCAD, a private, nonprofit university offering undergraduate and graduate degree programs in art and design. The donation will support scholarships and educational opportunities that help students pursue creative careers and develop their artistic talents.

"We are incredibly grateful to Genesis for its continued investment in the girls and communities we serve," said Mary Crawford, CEO, Girls on the Run South Georgia. "As our organization continues to grow, this support allows us to reach more girls with opportunities to build confidence, develop meaningful life skills, and recognize their own potential. This partnership is helping us expand our impact today while investing in the strength and leadership of our communities for years to come."

Inspiring Future Innovators Through STEAM Education

As part of its commitment to STEAM education, Genesis hosted a hands-on workshop for students at Ebenezer Middle School. Developed in partnership with Child Creativity Lab, the program introduced students to emerging transportation technologies, vehicle design, and innovation within the automotive industry. During the workshop, students learned about Genesis products and future mobility concepts, explored how designers and engineers bring new vehicle ideas to life, and applied their creativity by building future mobility concepts using upcycled materials.

Through its ongoing support of youth sports and STEAM education programs, Genesis continues to invest in opportunities that help young people discover their passions, develop critical skills, and build brighter futures.

Genesis Gives

Genesis Gives is a corporate social responsibility initiative from Genesis Motor America. Expanding on the brand's commitment to the highest standards of performance and its athletic elegance design identity, Genesis Gives supports nonprofit organizations with the goal of improving access to, and performance in, youth sports and STEAM education in under-resourced communities. Since 2022, Genesis has donated over $3 million to support communities across the country. For more information, visit www.genesisgives.com.

Genesis Motor North America

Genesis is a new global automotive brand that delivers the highest standards of design, safety, refined performance, and innovation while looking towards a more sustainable future. Drawing from its cultural heritage and distinctly Korean hospitality, Genesis crafts experiences focused on customers as "Son-nim", or honored guests.

Genesis Motor North America offers a growing range of award-winning SUV, sedan, and electric models through its network of more than 190 independent U.S. retailers, in addition to its more than 30 Canadian agency distributors. Genesis now counts more than 100 standalone retail facilities across the North American region, with dozens more in development. Consumers can discover the brand through its many retail points, at Genesis House, the brand's flagship space in New York City, or online at www.genesis.com.

Please visit our media site for the latest news at www.genesisnewsusa.com (United States) and www.genesisnews.ca (Canada).

SOURCE Genesis Motor America

Share this article

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
prn_302878784
Press Eligible
Yes
Press Eligible Reason
QA FAIL (need review): TARGET reverses partnership start years: it implies First Tee Savannah dates to 2022 and Girls on the Run South Georgia to 2023, but SOURCE states First Tee partnership began in 2023 and Girls on the Run support began in 2022.
Source Name
Unknown Company
Original Summary

<p>Contributions support First Tee Savannah, Frank Callen Boys & Girls Club, Girls on the Run South Georgia, Savannah United, and Savannah College of Art and Design Genesis hosts Child Creativity Lab STEAM workshop at Ebenezer Middle School SAVANNAH, Ga., Sept. 15, 2026 /PRNewswire/ --...</p>

Image URL
https://mmx.prnewswire.com/media/MS1988351/Genesis-Motor-America-Georgia.jpg?id=OA2948593&p=facebook
Content Hash (SHA-256, erste 32 hex)
9cdebed276dc077664c9304bf2b4ade7
Qloo Recognized in the Set Diamonds Category in the 2026 Gartner® Emerging Tech: AI to Watch in Synthetic Popular Simulation Research
Image File
Original HTML

Privacy-first grounding infrastructure for leading consumer platforms, technology companies and financial institutions

NEW YORK, Sept. 15, 2026 /PRNewswire/ -- Qloo, the privacy-first cultural intelligence layer for AI, today announced its inclusion in the highest-maturity category of the Gartner report, Emerging Tech: AI Vendor Race: Startups to Watch in Synthetic Population and Behavioral Simulation.1 Among 33 companies profiled, Qloo is one of just two positioned in the upper-right segment of the within the "Set Diamonds (Front Runners)" category.

Qloo grounds AI in structured real-world knowledge and human preferences. Built and continuously refined over more than a decade, its proprietary ontology and knowledge graph map the attributes and relationships connecting places, media, brands and experiences. Predictive models trained on anonymized preference signals translate that foundation into personalized offers, digital concierges, discovery and commerce at scale.

"Knowing what someone may like should not require knowing who they are," said Jay Alger, chief operating officer of Qloo. "Taste intelligence is becoming the core infrastructure for consumer AI. We give businesses a shared understanding of culture and preferences that can serve an entire product ecosystem as foundation models, interfaces and devices evolve."

Qloo's API-first platform complements foundation models and agents, allowing multiple products to draw on the same intelligence without requiring user identities to be shared with Qloo. The company is also advancing on-device capabilities designed to deliver personalized experiences while keeping user-specific context on the device.

Qloo's technology is used by organizations including Live Nation, American Express, Match Group, Michelin, Netflix and JCDecaux.

Gartner Disclaimer

Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner's business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a trademark of Gartner, Inc. and/or its affiliates.

1 Gartner, Emerging Tech: AI Vendor Race: Startups to Watch in Synthetic Population and Behavioral Simulation, Vibha Chitkara, 2026

About Qloo

Qloo is the privacy-first cultural intelligence layer for AI, helping businesses understand and predict human preferences. Built and continuously refined over more than a decade, its proprietary ontology, knowledge graph and predictive models connect structured knowledge of places, media, brands and experiences with anonymized preference signals. This foundation powers AI grounding, discovery and personalization at scale across consumer and enterprise applications.

Qloo's API-first platform complements foundation models and agents, enabling businesses to apply a shared understanding of culture and taste across their products without requiring user identities to be shared with Qloo. Its technology is used by organizations including American Express, Live Nation, Match Group, Michelin, Netflix and JCDecaux. Founded in 2012, Qloo is headquartered in New York. Learn more at qloo.com.

SOURCE Qloo Inc.

Share this article

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
prn_302878163
Press Eligible
Yes
Press Eligible Reason
Qloo announced recognition in a Gartner report for its AI, privacy, and cultural intelligence platform serving businesses.
Source Name
Qloo Recognized in the Set Diamonds Category in the 2026 Gartner® Emerging Tech
Original Summary

<p>Privacy-first grounding infrastructure for leading consumer platforms, technology companies and financial institutions NEW YORK, Sept. 15, 2026 /PRNewswire/ -- Qloo, the privacy-first cultural intelligence layer for AI, today announced its inclusion in the highest-maturity category of the...</p>

Image URL
https://mmx.prnewswire.com/media/MS1988055/qloo-logo.jpg?id=OA2948039&p=facebook
Content Hash (SHA-256, erste 32 hex)
369ffd3f5685a7995c25403e0200005a
Obsidian Sensors Selected for U.S. Army DUTCH Program to Deliver High-Resolution Thermal Cameras at Attritable Prices
Image File
Original HTML

Obsidian's DUTCH project goal is twofold: drive down cost and increase manufacturing scale (volume) for high-resolution thermal imaging without sacrificing performance. Under the award, Obsidian will deliver thermal cameras at attritable price points, using its proprietary Large Area MEMS Platform (LAMP) manufacturing process.

LAMP represents a fundamental departure from the thermal imaging industry's conventional manufacturing approach. Rather than fabricating MEMS thermal sensors on expensive silicon wafers, Obsidian fabricates its proprietary MEMS structures on large glass substrates 20 times larger in area than an 8-inch wafer — inside a standard flat-panel display factory. The approach allows Obsidian to leverage the scale, throughput, and cost structure of the display industry rather than the semiconductor industry to produce thermal imaging sensors.

Obsidian is already shipping VGA-resolution thermal cameras at prices consistent with the cost guidelines set out under the Drone Dominance program, and the company is on track to unveil its next resolution tier, SVGA, by the end of this year, followed by SXGA in 2027.

"The thermal imaging industry has made great strides in improving performance and resolution over the past 30 years, but the production strategy got locked into a high-cost proposition," said John Hong, co-founder and CEO of Obsidian Sensors. "We set out to change the cost and manufacturing scale aspects of the technology with something new, and succeeded — and fortuitously, it is a capability that is becoming a critical support for the Drone Dominance program. At scale, our technology will be an order of magnitude lower in cost than incumbents."

"What we do in the days to come, not just on the DUTCH program but also the spin-up of our new packaging factory in San Diego, will be foundational to making attritable-priced thermal imaging the new standard, not the exception," said Tallis Chang, co-founder and COO of Obsidian Sensors.

About Obsidian Sensors

Obsidian Sensors is a San Diego, California-based thermal imaging company developing high-resolution uncooled thermal cameras manufactured at scale using its proprietary Large Area MEMS Platform (LAMP) process. By fabricating MEMS thermal sensors on Gen 4.5 glass substrates within standard flat-panel display factories — rather than on conventional 8-inch silicon wafers — Obsidian is able to produce thermal imaging sensors at significantly lower cost and higher volume than legacy manufacturing approaches allow. Obsidian's cameras are already deployed at VGA resolution in volume, with SVGA and SXGA formats in development to support next-generation defense and commercial applications, including uncrewed aerial systems, loitering munitions, and other attritable platforms.

Media contact:

Tallis Chang

[email protected]

SOURCE Obsidian Sensors

Share this article

Class (B2B/B2C)
B2B
Ingest Status
Rewritten
Dedupe hash
prn_302878552
Press Eligible
Yes
Press Eligible Reason
Company announcement about a U.S. Army program, thermal imaging technology, manufacturing scale, and defense applications.
Source Name
Unknown Company
Original Summary

<p>SBIR Phase III award will fund acceleration of uncooled thermal cameras manufactured on Obsidian's proprietary LAMP glass-panel platform SAN DIEGO, Sept. 15, 2026 /PRNewswire/ -- Obsidian Sensors announced today that it has been awarded an SBIR Phase III project under the DUTCH...</p>

Image URL
https://mmx.prnewswire.com/media/MS1988368/Obsidian-Core-Team-14-SEPT-2026-ID-d1a2f4a63015.jpg?id=OA2948634&p=facebook
Content Hash (SHA-256, erste 32 hex)
bd432afc8262eac6a9e29a67c0be82aa