WILMINGTON, Mass., March 21, 2023 /CNW/ — UniFirst Company (NYSE: UNF), a North American chief in offering personalized enterprise uniform applications, facility service merchandise and first help and security companies, in partnership with 14-time NASCAR Cup Collection champions Hendrick Motorsports, can be debuting the UniFirst No. 9 Chevrolet Camaro ZL1 at Circuit of The Americas on Sunday, March 26 at 3:30 pm EDT.

The No. 9 automobile can be pushed by road-racing standout Jordan Taylor who’s filling in for 2020 Cup Collection champion and five-time NASCAR hottest driver Chase Elliott as he continues to recuperate from his leg harm. The No. 9 workforce has a powerful historical past at COTA, with two top-five finishes in simply two begins on the observe, together with a victory with Elliott in 2021.

“We’re thrilled to see the UniFirst No. 9 make its debut and look ahead to having Jordan behind the wheel,” mentioned David Katz, UniFirst Government Vice President Gross sales and Advertising. “Jordan is a top-notch street racer, and we have now each confidence that he’ll give an excellent efficiency at COTA.”

Taylor is at present competing for Corvette Racing within the IMSA WeatherTech SportsCar Championship. Hailing from Orlando, Florida, he has already achieved important success within the IMSA prototype class by profitable each the 2017 championship and 24 Hours of DAYTONA. Whereas his upcoming race on March 26 at Circuit of The Americas marks his first begin within the Cup Collection, Taylor has raced a number of occasions at this street course and even claimed two victories (in 2016 and 2017) throughout his 4 appearances in IMSA.

“I used to be honored to be requested by Hendrick Motorsports to fill in for Chase at COTA and characterize UniFirst,” mentioned Taylor. “That is clearly beneath troublesome circumstances and there is going to be a studying curve for me, however the No. 9 workforce has been robust at this observe and having that longer observe on Friday goes to assist considerably. I am hopeful that we will go on the market and make Chase and everybody at UniFirst proud this weekend.”

The 2023 NASCAR season marks the seventh yr of UniFirst’s multi-year partnership with Hendrick Motorsports, and it is the third yr that the corporate is serving as a sponsor of the No. 9 workforce. UniFirst continues to be the Official Workwear Supplier of Hendrick Motorsports, supplying work clothes and uniforms to the workforce, in addition to to its sister firm, Hendrick Automotive Group.

For extra data on UniFirst, go to UniFirst.com.

About UniFirst
Headquartered in Wilmington, Mass., UniFirst Company (NYSE: UNF) is a North American chief within the provide and servicing of uniform and workwear applications, facility service merchandise, in addition to first help and security provides and companies. Along with its subsidiaries, the corporate additionally manages specialised garment applications for the cleanroom and nuclear industries. UniFirst each companions with main manufacturers and manufactures its personal branded workwear, protecting clothes, and floorcare merchandise; and with 260 service places, over 300,000 buyer places, and 14,000-plus worker Group Companions, the corporate outfits greater than 2 million employees day-after-day. For extra data, contact UniFirst at 888.296.2740 or go to UniFirst.com.

About Hendrick Motorsports
Based by Rick Hendrick in 1984, Hendrick Motorsports is the winningest workforce in NASCAR Cup Collection historical past. On the sport’s premier degree, the group holds the all-time information in each main statistical class, together with championships (14), points-paying race victories (293) and laps led (greater than 77,000). It has earned not less than one race win in a report 38 completely different seasons, together with an lively streak of 37 in a row (1986-2022). The workforce fields 4 full-time Chevrolet Camaro ZL1 entries within the NASCAR Cup Collection with drivers Alex Bowman, William Byron, Chase Elliott and Kyle Larson. Headquartered on greater than 100 acres in Harmony, North Carolina, Hendrick Motorsports employs roughly 600 individuals. For extra data, please go to HendrickMotorsports.com or work together on Twitter, Fb and Instagram.

SOURCE UniFirst Company

For additional data: Asit Goel, Vice President – Advertising, [email protected]

Enterprise exercise in the USA fell in November for the fifth consecutive month, with the manufacturing and repair sectors registering declines in response to a current report by S&P International.

The Flash US PMI Composite Output Index was at 46.3 in November, down from 48.2 originally of the fourth quarter, in response to a Nov. 23 information launch by S&P. This was the “sharpest” price of contraction since August this 12 months and the quickest since 2009. Ranges above 50 point out an enchancment whereas ranges beneath 50 point out a contraction. The market consensus was for the Composite PMI to say no solely to 47.7 for the month in response to information from FX Road.

“Decrease output was seen throughout each manufacturing and repair sectors amid more and more steep downturns in demand. The general fall in exercise was the second-fastest since Could 2020 as inflation, rising borrowing prices, and financial uncertainty weighed on demand,” the discharge stated.

The Flash US Providers Enterprise Exercise Index got here in at 46.1, which is lower than the 47.8 registered within the earlier month in addition to beneath the anticipated stage of 47.9. That is the second-fastest decline on file excluding the preliminary pandemic section in 2020.

The companies trade is believed to have been impacted by excessive inflation and rates of interest which have negatively affected buyer disposable earnings and thus dented demand circumstances.

The Flash US Manufacturing PMI went down from 50.4 in October to 47.6 in November, signaling a “renewed decline” in working circumstances for producers. That is properly beneath the market expectations of fifty.

There was a “renewed fall” in output in addition to a sharper lower in new orders. New gross sales fell by the quickest tempo since Could 2020.

Financial Contraction, Recession

In keeping with Chris Williamson, Chief Enterprise Economist at S&P International Market Intelligence, the worsening of enterprise circumstances within the nation in addition to the autumn in demand and output at elevated charges is “constant” with the contraction of the American economic system by a 1 p.c annualized price.

“Corporations are reporting growing headwinds from the rising price of residing, tightening monetary circumstances—notably larger borrowing prices—and weakened demand throughout each house and export markets,” he stated within the launch.

In the meantime, the U.S. economic system could be heading for a recession, in response to the Convention Board Main Financial Index (LEI) which remained within the pink final month. This was the eighth consecutive month-to-month decline.

The autumn in LEI is a mirrored image of “shoppers’ worsening outlook amid excessive inflation and rising rates of interest, in addition to declining prospects for housing building and manufacturing,” Ataman Ozyildirim, senior director, economics, at The Convention Board, stated in a Nov. 18 press launch.

In a current interview with CNN, Amazon founder Jeff Bezos stated that the USA is both already in a recession or will probably be in a single “very quickly.” He suggested small companies and shoppers to chop down on danger and maintain extra cash.

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Naveen Athrappully is a information reporter masking enterprise and world occasions at The Epoch Occasions.