Month: March 2024

Originally published by Northwestern Mutual on Feb. 8, 2024

MILWAUKEE, March 27, 2024 /3BL/ – Northwestern Mutual announced that 11 of its exceptional advisors have been recognized on the prestigious Forbes Top Women Wealth Advisors Best-in-State list for 2024. This accomplishment highlights their outstanding expertise, dedication, and commitment to providing exceptional guidance and financial security to their clients.

“These expert advisors and their teams are paving a path for their clients and future generations to financial success, helping them build wealth while creating future prosperity,” said Aditi Javeri Gokhale, Northwestern Mutual’s chief strategy officer, president of retail investments and head of institutional investments. “As a provider of comprehensive financial planning – pairing sophisticated wealth management strategies with world-class insurance products – Northwestern Mutual and our advisors stand among the best of the best in the country.”

Forbes Top Women Wealth Advisors Best-in-State recognition showcases the top professionals in the industry, representing experts across the nation by state. Conducted by SHOOK Research, advisors are selected following a careful vetting process based upon applications, qualitative and quantitative data, phone and/or in-person interviews, best practices, service models, investing models and more.

“Our advisors are consistently delivering results on behalf of their clients – helping millions of Americans to get closer to their dreams,” said John Roberts, Northwestern Mutual’s chief distribution officer. “These honorees are true role models, not only among their peers in the industry but also for anyone aspiring to make a positive impact in people’s lives as an advisor. I am tremendously proud of the trail that these financial advisors are blazing, and I know that many more will follow in their footsteps in the years to come.”

Northwestern Mutual values diversity and inclusion within its ranks and is dedicated to fostering an environment that supports the growth and advancement of all its advisors. In late 2023, the company celebrated its recognition on Forbes Best Employers for Diversity, Top 50 “Best of the Best” Corporations for Inclusion, National Business Inclusion, and earned five consecutive perfect scores on the Disability Equality Index. These recognitions along with the 11 female advisors on the Forbes Top Women Wealth Advisors Best-in-State list exemplifies Northwestern Mutual’s commitment to empowering women and diversity in the financial services industry.

About Northwestern Mutual

Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a comprehensive planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what’s most important. With more than $570 billion of total assets being managed across the company’s institutional portfolio as well as retail investment client portfolios, nearly $35 billion in revenues, and $2.2 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than five million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. Northwestern Mutual ranked 111 on the 2023 FORTUNE 500.

These teams use their marketing names for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (investment advisory and services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance). Not all Northwestern Mutual representatives are advisors. Only those representatives with “Advisor” in their title or who otherwise disclose their status as an advisor of NMWMC are credentialed as NMWMC representatives to provide investment advisory services.

SOURCE Northwestern Mutual

Stephanie Siewert, 1-800-323-7033, mediarelations@northwesternmutual.com

KOHLER, Wis., March 27, 2024 /3BL/ – Kohler Co. has been selected by the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $51.2million to demonstrate commercial-scale decarbonization solutions to help move energy-intensive industries toward net-zero. Selected as one of 33 projects in the U.S., the funding will be matched by Kohler investment to support the Electric Boiler & Microgrid project at its manufacturing site in Casa Grande, Arizona.

“This funding will allow us to accelerate our Net Zero GHG commitment across scopes 1 and 2 by 2035,” says Laura Kohler, Chief Sustainable Living Officer. “It will also have many positive impacts on the community, including at least 90% reduction in the pressing process emissions, and 400 new full-time jobs.”

Kohler is nearing completion of a manufacturing facility, ancillary warehouse, and office space on 216 acres in Casa Grande. The multi-million capital investment comprises a total of approximately one million square feet, with room onsite for future expansion, and will bring more than 400 new full-time jobs to the local market.

As part of the project, Kohler proposes to install an electric boiler and microgrid system and expects the upgrades to prevent at least 7,865 MT CO2e from being released annually. This represents a reduction of at least 90% of the pressing process emissions by eliminating CO2e emissions from natural gas boilers. Kohler plans to: replace natural gas boilers with electric boilers, install a 21MW solar array microgrid, utilize long-duration energy storage (LDES) batteries with 68MWh of storage, and install 12MW of HVO-capable KOHLER industrial backup generators. The LDES batteries coupled with advanced microgrid controls eliminate all possible solar curtailment scenarios and enable the facility to run the boilers on renewable energy while performing solar smoothing, thereby reducing carbon emissions.

Kohler Energy businesses will support the effort. Kohler Power Systems will supply the HVO-capable industrial backup generators; Clarke Energy – which developed the energy solution – will manage the engineering, procurement, and construction work; and the facility will utilize Heila Technologies leading microgrid control capabilities.

“This is an exciting project for our Energy businesses to work together at Kohler’s largest plant in North America,” said Brian Melka, Group President – Kohler Energy. “As governments, businesses, and individuals look for ways to reduce their carbon footprint, we’re likewise pursuing ways to positively contribute to decarbonization through new technologies and advanced engineering to develop solutions that utilize clean energy sources.”

Kohler Supports Water Restoration Efforts 
Additionally in 2023, Kohler supported a multi-year project led by Bonneville Environmental Foundation, Arizona State University, and Bridgestone to convert high water use crops to low water use crops to alleviate water stress on the local aquifers. Kohler is dedicated to forging private, public, and federal partnerships to help ensure water security for all and is actively partnering with local NGOs, companies, and universities to explore opportunities to mitigate water scarcity through restoration projects within the community. Through Kohler’s water stewardship ambitions, the company is dedicated to being responsible users of water within its facilities, but also believes in supporting local water resources and the communities that rely on them.

About Kohler Co. 
For 150 years, Kohler Co. has been a global leader in design and innovation, dedicated to providing gracious living through kitchen and bath products; luxury cabinetry, tile and lighting; distributed energy solutions – home energy, industrial power systems, and powertrain technologies – and luxury hospitality experiences and major championship golf. Kohler’s Whistling Straits golf course hosted the 43rd Ryder Cup in 2021. Privately held Kohler Co. was founded in 1873 and is headquartered in Kohler, Wisconsin. The company also develops solutions to address pressing issues, such as clean water and sanitation, for underserved communities around the world to enhance the quality of life for current and future generations.

KOHLER Kitchen & Bath, Energy, Golf + Resort Destinations

About Kohler Energy 
Kohler Energy, a global leader in energy resilience solutions, brings bold design and powerful impact to the energy systems that sustain people and communities everywhere around the world. The organization provides solutions across Home Energy, Industrial Power Systems, and Powertrain Technologies. Leveraging the strength of its portfolio of brands – Power Systems, Home Generators, Kohler Uninterruptible Power, Clarke Energy, Heila Technologies, Curtis Instruments, and Engines. With more than a century of industry leadership, Kohler Energy builds resilience and goes beyond functional, individual recovery to create better lives and communities. For more details, please visit kohler.com/energy.

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CONTACTS: 
Stephen Maliszewski 
Kohler Co. Public Relations 
stephen.maliszewski@kohler.com

Todd Weber 
Kohler Co. Public Relations 
todd.weber@kohler.com