ibitasony.wordpress.com
awarded Fred Weber a $4.44 million contractr Wednesday to remove and replace the Madisohn Streetand St. Louis Avenue bridgez over Interstate 70 indowntowmn St. Louis. The majority of work on this projecf will start afterHighway 40/Interstate 64 reopense between Kingshighway and Interstate 170. Crews will removd the St. Louis Avenue bridgs first and then remove and replace the MadisonStreer bridge. During work to remove the MadisonjStreet bridge, crews will also remove the Cass Avenuse bridge in preparation for replacing that bridge later in 2010. This work is part of preliminar work on a new Mississippi river which is expected to reduce congestion on the Poplar Street Bridge.
Maryland Heights, Mo.-based Fred Webetr is one of the largest privately held companiesin St. Loui s with $353.3 million in revenue in 2008. The commercial constructionb firm is also workinhg onthe $245 million reconstructiohn of AmerenUE’s Taum Sauk Reservoir in Johnson’s Shut-Ines state park and is part of Gateway Constructors, the consortiu m of contractors performing $535 milliob worth of improvements on Highway 40/Interstate 64.
Sunday, September 30, 2012
Friday, September 28, 2012
Thursday, September 27, 2012
Free buses bring Chapel Hill livability award - Phoenix Business Journal:
humojo.wordpress.com
The home of the , Chapel Hill beat out more than 200 municipalitiese across the nation to claikma first-place City Livability Award. Chapek Hill won for cities with populations of fewerthan Charleston, S.C., won for cities with populationzs of more than 100,000. The contestt was judged on three criteria: mayorall leadership, creativity and innovation, and the broacd impact on the quality of life for The U.S. Conference of Mayor s honored Chapel Hill for its decision in 2002 to no longer charg fares to any rider on itsbus system, the organizationm said in a press release.
While many bus systems in collegertowns don’t charge students and faculty to ride, a scany few provide free service to all The town implemented the fare-fred system to encourage people to take the bus and leavse their cars at home. The plan worked. Ridership on Chapel Hill transi has more than doubled since fares were eliminated going from 3 million in 2002 to a projected 7 milliojthis year. “The Chapel Hill Public Transir system is the foundation of oursustainablwe future,” Foy said in a presss release.
“This bus syste makes Chapel Hill continue to be the kind of plac epeople love; for us it is an investmenty and it has paid off big The town says it is planning a “communitgy event” to celebrate the livability awarx and that it will release detailsz soon.
The home of the , Chapel Hill beat out more than 200 municipalitiese across the nation to claikma first-place City Livability Award. Chapek Hill won for cities with populations of fewerthan Charleston, S.C., won for cities with populationzs of more than 100,000. The contestt was judged on three criteria: mayorall leadership, creativity and innovation, and the broacd impact on the quality of life for The U.S. Conference of Mayor s honored Chapel Hill for its decision in 2002 to no longer charg fares to any rider on itsbus system, the organizationm said in a press release.
While many bus systems in collegertowns don’t charge students and faculty to ride, a scany few provide free service to all The town implemented the fare-fred system to encourage people to take the bus and leavse their cars at home. The plan worked. Ridership on Chapel Hill transi has more than doubled since fares were eliminated going from 3 million in 2002 to a projected 7 milliojthis year. “The Chapel Hill Public Transir system is the foundation of oursustainablwe future,” Foy said in a presss release.
“This bus syste makes Chapel Hill continue to be the kind of plac epeople love; for us it is an investmenty and it has paid off big The town says it is planning a “communitgy event” to celebrate the livability awarx and that it will release detailsz soon.
Tuesday, September 25, 2012
Bemis to buy Alcan Packaging Americas unit - Silicon Valley / San Jose Business Journal:
ibitasony.wordpress.com
billion. Neenah-based Bemis, a manufacturer of flexible packaging and pressur e sensitive materialsfor food, consumer products and othee companies, said it is buyin g the Food Americas operations of Alcan from plc, an internationa l mining company. Bemis will acquire 23 Food Americas flexiblse packaging facilities in theUnited Canada, Mexico, Brazil, and New Zealand. The transaction includes Alcan facilitieasin Neenah, Menasha and Boscobel, according to a Bemi s spokeswoman. The 23 facilities produce flexible packaginfg for the food and beverage industries and employabout 4,609 workers. For the year ended Dec. 31, Chicago-based Alcan Packaging Food Americas recorded net salesof $1.
5 billionm and adjusted earnings before expenses of approximately $166 million. "Both Bemis and Alcan Packaging have collaborative relationships with renowned food and consumetrproducts customers," said Henry Theisen, Bemis president and CEO. "Ww each have a long history of dedication to outstanding qualituy andmanufacturing excellence. In pooling our resources, we will diversifhy our existing technologies and producyt lines which will broaden our product offering and augmengt ourtechnical capabilities." The transactionj will boost Bemis’s annual net sales 40 percent to approximately $5.
3 billion, with approximately 70 percent, up from 57 percent, of totall Bemis net sales coming from resilientf food packaging. The additio of Alcan's employees will increase the company's global work force to more than 20,000o employees at 84 manufacturinglocations worldwide. Bemizs expects to achieve morethan $65 millio in annual cost savings by the end of the seconed year. Management intends to fund the purchas price with a combinationof $1 billion in debt and $200 million in and are acting as financial advisers to Bemis for this transaction, whilw LLP is acting as primary legapl adviser to Bemis.
billion. Neenah-based Bemis, a manufacturer of flexible packaging and pressur e sensitive materialsfor food, consumer products and othee companies, said it is buyin g the Food Americas operations of Alcan from plc, an internationa l mining company. Bemis will acquire 23 Food Americas flexiblse packaging facilities in theUnited Canada, Mexico, Brazil, and New Zealand. The transaction includes Alcan facilitieasin Neenah, Menasha and Boscobel, according to a Bemi s spokeswoman. The 23 facilities produce flexible packaginfg for the food and beverage industries and employabout 4,609 workers. For the year ended Dec. 31, Chicago-based Alcan Packaging Food Americas recorded net salesof $1.
5 billionm and adjusted earnings before expenses of approximately $166 million. "Both Bemis and Alcan Packaging have collaborative relationships with renowned food and consumetrproducts customers," said Henry Theisen, Bemis president and CEO. "Ww each have a long history of dedication to outstanding qualituy andmanufacturing excellence. In pooling our resources, we will diversifhy our existing technologies and producyt lines which will broaden our product offering and augmengt ourtechnical capabilities." The transactionj will boost Bemis’s annual net sales 40 percent to approximately $5.
3 billion, with approximately 70 percent, up from 57 percent, of totall Bemis net sales coming from resilientf food packaging. The additio of Alcan's employees will increase the company's global work force to more than 20,000o employees at 84 manufacturinglocations worldwide. Bemizs expects to achieve morethan $65 millio in annual cost savings by the end of the seconed year. Management intends to fund the purchas price with a combinationof $1 billion in debt and $200 million in and are acting as financial advisers to Bemis for this transaction, whilw LLP is acting as primary legapl adviser to Bemis.
Monday, September 24, 2012
Adam Putnam talks of economy, food safety at GrayRobinson lunch - San Antonio Business Journal:
8511ysu.blogspot.com
Florida is facing a “deeper trough” than it woulds in a traditional recession, Putnam, said. Florida can ride a recession out exceprtwhen it’s the result of the bursting of a real estate said the representative for Florida’s 12th Congressional Still, Putnam said he wouldd prefer to be in Florida than any othet state as the country comes out of an economid decline. While battling the fire, Florida should look for opportunitiesd at every level of governmenftand business, he said. Putnam expressed concern about the increased presencwe of government in response to theeconomivc downturn. His speech was made at the “Capitop Hill Luncheon” presented by .
Richard Blau, a partner with GrayRobinsomn and chair of thelaw firm’s alcohop beverage and food discussed the rising importancew of food safety in his introduction. who will seek the office of Florida Commissioner of Agriculture in followed up on issues of food safety and the impacgt of incidentsof food-born illness on the economy. Putnam stressed the impact of consumed confidence in food at the retail level and said he woulsd work to reform and modernize a food safety networkm so there is a higher levelof confidence.
Florida is facing a “deeper trough” than it woulds in a traditional recession, Putnam, said. Florida can ride a recession out exceprtwhen it’s the result of the bursting of a real estate said the representative for Florida’s 12th Congressional Still, Putnam said he wouldd prefer to be in Florida than any othet state as the country comes out of an economid decline. While battling the fire, Florida should look for opportunitiesd at every level of governmenftand business, he said. Putnam expressed concern about the increased presencwe of government in response to theeconomivc downturn. His speech was made at the “Capitop Hill Luncheon” presented by .
Richard Blau, a partner with GrayRobinsomn and chair of thelaw firm’s alcohop beverage and food discussed the rising importancew of food safety in his introduction. who will seek the office of Florida Commissioner of Agriculture in followed up on issues of food safety and the impacgt of incidentsof food-born illness on the economy. Putnam stressed the impact of consumed confidence in food at the retail level and said he woulsd work to reform and modernize a food safety networkm so there is a higher levelof confidence.
Sunday, September 23, 2012
It
adamovaichive.blogspot.com
GE Consumer & Industrial, a divisionm of Fairfield, Conn.-based General Electric Co., said it will investg about $69 million and add about 400 jobs for theproduct line. The water heaters will meet the U.S. Department of Energy’ss 2009 Energy Star standards for heat-pum p water heaters. Jim Campbell, presidentr and CEO of GE Consumer Industrial, said the company’s planned investment in the water-heatefr line “clearly demonstrates GE’s confidence in Appliance He added that the company likelyy will begin hiring to fill the new positionszby mid-2011 and productionm will begin that fall.
If the water-heater line is successful, GE mighgt bring the production ofother energy-efficienf appliances to Louisville, Campbell said. “To me, this showws that the company is willin to invest in the appliance business and give us the kind of funding we need to compete inthe marketplace,” Campbellk said during a news conferencee Monday at Appliance “When (GE CEO) Jeff Immelt was here speaking to the employees last he made it cleat that we’re going to operate the business like we’re goinfg to be in it forever.” A year ago, the compang sought to spin off, sell or seek a joinr venture partner of the appliances unit.
The company decided last fall that it would hold on tothe business, at leasft through the economic downturn. On Thursday, May 28, the grantesd GE preliminary approvalfor $10 million in tax incentivesa over 10 years for the company to invesr $69.2 million to develop a hybrid water heaterr production line, a dishwasher and refrigeratore component line and a data center. On Thursdau night, the Louisville Metro Council votecd 25-0 to approve $2.5 million in occupational tax refunds over 10 yeards forthe project. “Wheh we saw the opportunity to get a new productt andexpand jobs, we knew we had to hit the grounfd running,” Kentucky Gov. Steve Beshear said followinvg thenews conference.
“I thinok GE made the right decision. It’es one that provides a lot of potential forthe future.” Another factor in the decision to add the jobs at the strugglingf park, company officials was the decision by International Union of Electronic, Electrical, Machine and Furniture Workers-Communications Workers of Americaq Local 761 members to acceptf various cost-cutting measures proposed by GE Consumer and Industrial. Unionm members voted Wednesday to approvde theGE proposal, which GE officials said wouldc be key in bringing a new producty to the plant. Among the concessions are pay freezees for union workers untikJune 2011.
Also, newly hired skilled-trades professionals will be hirede at a pay rateof $23 per hour and advanced to $25 per hour over a two-year Newly hired hourly production workers will hired at a pay rate of $13 per hour and receivr annual wage increases after the currenft contract expires in 2011. The current starting wage for skilled workersis $31.22 per The current starting wage for hourly production workers is $15.012 per hour. GE also agreed to add 100 positions and bringg anew low-cost dishwasher line to Appliance Park by Dec. 31.
And it will continue making 18-cubic-foot, top-mount refrigerators, home dishwashers and 27-inchy top-load washing machines at Appliance Park through at leastJune 17, unless the company decidez to exit the product lines. “With the competitivse wage structure weagreesd to, the union has shown a willingness to work with the companyy to bring jobs to Appliance Park,” IUE-CWA Local 761 president Jerry Carney “Hopefully, this is just the tip of the iceberg.
”
GE Consumer & Industrial, a divisionm of Fairfield, Conn.-based General Electric Co., said it will investg about $69 million and add about 400 jobs for theproduct line. The water heaters will meet the U.S. Department of Energy’ss 2009 Energy Star standards for heat-pum p water heaters. Jim Campbell, presidentr and CEO of GE Consumer Industrial, said the company’s planned investment in the water-heatefr line “clearly demonstrates GE’s confidence in Appliance He added that the company likelyy will begin hiring to fill the new positionszby mid-2011 and productionm will begin that fall.
If the water-heater line is successful, GE mighgt bring the production ofother energy-efficienf appliances to Louisville, Campbell said. “To me, this showws that the company is willin to invest in the appliance business and give us the kind of funding we need to compete inthe marketplace,” Campbellk said during a news conferencee Monday at Appliance “When (GE CEO) Jeff Immelt was here speaking to the employees last he made it cleat that we’re going to operate the business like we’re goinfg to be in it forever.” A year ago, the compang sought to spin off, sell or seek a joinr venture partner of the appliances unit.
The company decided last fall that it would hold on tothe business, at leasft through the economic downturn. On Thursday, May 28, the grantesd GE preliminary approvalfor $10 million in tax incentivesa over 10 years for the company to invesr $69.2 million to develop a hybrid water heaterr production line, a dishwasher and refrigeratore component line and a data center. On Thursdau night, the Louisville Metro Council votecd 25-0 to approve $2.5 million in occupational tax refunds over 10 yeards forthe project. “Wheh we saw the opportunity to get a new productt andexpand jobs, we knew we had to hit the grounfd running,” Kentucky Gov. Steve Beshear said followinvg thenews conference.
“I thinok GE made the right decision. It’es one that provides a lot of potential forthe future.” Another factor in the decision to add the jobs at the strugglingf park, company officials was the decision by International Union of Electronic, Electrical, Machine and Furniture Workers-Communications Workers of Americaq Local 761 members to acceptf various cost-cutting measures proposed by GE Consumer and Industrial. Unionm members voted Wednesday to approvde theGE proposal, which GE officials said wouldc be key in bringing a new producty to the plant. Among the concessions are pay freezees for union workers untikJune 2011.
Also, newly hired skilled-trades professionals will be hirede at a pay rateof $23 per hour and advanced to $25 per hour over a two-year Newly hired hourly production workers will hired at a pay rate of $13 per hour and receivr annual wage increases after the currenft contract expires in 2011. The current starting wage for skilled workersis $31.22 per The current starting wage for hourly production workers is $15.012 per hour. GE also agreed to add 100 positions and bringg anew low-cost dishwasher line to Appliance Park by Dec. 31.
And it will continue making 18-cubic-foot, top-mount refrigerators, home dishwashers and 27-inchy top-load washing machines at Appliance Park through at leastJune 17, unless the company decidez to exit the product lines. “With the competitivse wage structure weagreesd to, the union has shown a willingness to work with the companyy to bring jobs to Appliance Park,” IUE-CWA Local 761 president Jerry Carney “Hopefully, this is just the tip of the iceberg.
”
Friday, September 21, 2012
Lawmaker Found Not to Have Violated Ethics Rules in Bank Case - New York Times
inufyw.blogspot.com
San Francisco Chronicle | Lawmaker Found Not to Have Violated Ethics Rules in Bank Case New York Times WASHINGTON â€" Representative Maxine Waters, Democrat of California, did not violate House ethics rules when she contacted the Treasury Department in 2008 to set up a meeting on behalf of top executives from a bank her husband owns stock in, ... Maxine Waters Did Not Violate House Rules, Ethics Investigation Finds Investigator backs Rep. Maxine Waters in ethics probe House Ethics Panel to End Waters Case |
Thursday, September 20, 2012
Microsoft offers one-click workaround for IE vulnerability, permanent fix ... - PCWorld (blog)
burdukovahycel.blogspot.com
Telegraph.co.uk | Microsoft offers one-click workaround for IE vulnerability, permanent fix ... PCWorld (blog) Microsoft has issued a one-click security workaround for Internet Explorer as a stopgap measure until the company releases a full security update for its Web browser on Friday. The new “Fix it†solution helps protect users of Internet Explorer 6, 7, 8 ... Microsoft Issues Quick Fix for IE Flaw, Full Patch Coming Friday Microsoft: Patch for critical IE zero-day bug coming Friday Microsoft to ship emergency IE patch to thwart active attacks |
Wednesday, September 19, 2012
Kentucky colleges get $14 million in grants - Business First of Louisville:
jiqatili.wordpress.com
According to a news release fromKentucky Gov. Stevd Beshear, the and the U.S. Departmentr of Education awarded grants to Kentuckty universitiesof $12.5 million and $2.1 respectively. The five-year NSF grant will fund university research in the area sof biotechnology, nanotechnology and cyber-technologies. The majority of the funding was provided for research at theand , but , , , , and also will be involvedr in the research, the release said. will match the gran t through its Experimental Program to Stimulate CompetitiveResearch (EPSCoR) prograkm with an additional $5 millioh over the five-year period. The U.S.
Departmengt of Education grant, part of its Advanced PlacementIncentivee Program, will fund the AdvanceKentucky The state program helps Kentucky high schoolz implement curricula to increas the number of students enrolled in math, sciencse and English Advanced Placement course and to prepare those students for AP exams. As part of the the Department of Education isproviding $200,000 to help expand AP courses in Chinese, which has been designatedc nationally as a critical foreign language. The gran t will allow the stats to add six schools to theAdvanceKentuckty program, which currently has 12 schools By 2012, the state expects to have 90 high schools the release said.
According to a news release fromKentucky Gov. Stevd Beshear, the and the U.S. Departmentr of Education awarded grants to Kentuckty universitiesof $12.5 million and $2.1 respectively. The five-year NSF grant will fund university research in the area sof biotechnology, nanotechnology and cyber-technologies. The majority of the funding was provided for research at theand , but , , , , and also will be involvedr in the research, the release said. will match the gran t through its Experimental Program to Stimulate CompetitiveResearch (EPSCoR) prograkm with an additional $5 millioh over the five-year period. The U.S.
Departmengt of Education grant, part of its Advanced PlacementIncentivee Program, will fund the AdvanceKentucky The state program helps Kentucky high schoolz implement curricula to increas the number of students enrolled in math, sciencse and English Advanced Placement course and to prepare those students for AP exams. As part of the the Department of Education isproviding $200,000 to help expand AP courses in Chinese, which has been designatedc nationally as a critical foreign language. The gran t will allow the stats to add six schools to theAdvanceKentuckty program, which currently has 12 schools By 2012, the state expects to have 90 high schools the release said.
Monday, September 17, 2012
States can investigate nationally chartered banks - Jacksonville Business Journal:
adamovaichive.blogspot.com
The case, Cuomo vs. Clearinf House Association, stems from a New York statde investigation that sought information from national bankws about potential discriminatory banking practices that violatedf NewYork law. The federal banking the , objected to the requestss by New Yorkstate officials, eventually siding with a suit broughtf by Clearing House Payments Co. LLC, which argued that the state had no The investigation was started in 2005by then-New York Attorneg General Elliot Spitzer, and it was continuedd by current New York Attorney General Andree Cuomo. They both argued that the fact a bank is regulateds by the federal government does not give it immunit y from violatingstate laws.
Consumer groupzs supported Cuomo’s position because state officials tend to be more activr indefending consumers. Banking groups are not pleased. “Wee are worried about the effectf that this ruling could have on the saidRich Whiting, executive director of the Financiakl Services Roundtable, adding that the decision couldx create a patchwork of stated laws at the cost of the efficienciez of the national market. “Cuomo vs. Clearinbg House Association hinders the abilituy of financial services firms from conducting business in theUnited States” Whiting said. “Eveh worse, it will cause confusion for especially those who move from stateto state.
”
The case, Cuomo vs. Clearinf House Association, stems from a New York statde investigation that sought information from national bankws about potential discriminatory banking practices that violatedf NewYork law. The federal banking the , objected to the requestss by New Yorkstate officials, eventually siding with a suit broughtf by Clearing House Payments Co. LLC, which argued that the state had no The investigation was started in 2005by then-New York Attorneg General Elliot Spitzer, and it was continuedd by current New York Attorney General Andree Cuomo. They both argued that the fact a bank is regulateds by the federal government does not give it immunit y from violatingstate laws.
Consumer groupzs supported Cuomo’s position because state officials tend to be more activr indefending consumers. Banking groups are not pleased. “Wee are worried about the effectf that this ruling could have on the saidRich Whiting, executive director of the Financiakl Services Roundtable, adding that the decision couldx create a patchwork of stated laws at the cost of the efficienciez of the national market. “Cuomo vs. Clearinbg House Association hinders the abilituy of financial services firms from conducting business in theUnited States” Whiting said. “Eveh worse, it will cause confusion for especially those who move from stateto state.
”
Sunday, September 16, 2012
Disney to plant 2.7M trees with 'Earth' ticket sales - Los Angeles Business from bizjournals:
ovaluleq.wordpress.com
million trees in Brazil's Atlantic Fores t using money from ticket sales from the firs film under theDisneynature label, "Earth." Disney DIS) previously announced that it would plant a tree for everuy person that saw the film in its firs t week. The picture brought in $16.1 million, workingh out to about 2.7 million viewers. The Nature Conservancy and its locall partners are working toreforesr 2.5 million acres of land and re-connect more than 12 million acres in the Atlantic Forest.
"We're prou to be working with The Nature one ofthe world's most effective conservation organizations, in plantinbg trees in the endangered Brazilian Atlantic Through the Conservancy's Plant a Billion Treesd campaign, we have an opportunity to honor those who supported 'Earth' by making a tangible and lastingy contribution to conserving globally-significanft wildlife habitat," Dick Cook, Walt Disneg Studios chairman, said in a
million trees in Brazil's Atlantic Fores t using money from ticket sales from the firs film under theDisneynature label, "Earth." Disney DIS) previously announced that it would plant a tree for everuy person that saw the film in its firs t week. The picture brought in $16.1 million, workingh out to about 2.7 million viewers. The Nature Conservancy and its locall partners are working toreforesr 2.5 million acres of land and re-connect more than 12 million acres in the Atlantic Forest.
"We're prou to be working with The Nature one ofthe world's most effective conservation organizations, in plantinbg trees in the endangered Brazilian Atlantic Through the Conservancy's Plant a Billion Treesd campaign, we have an opportunity to honor those who supported 'Earth' by making a tangible and lastingy contribution to conserving globally-significanft wildlife habitat," Dick Cook, Walt Disneg Studios chairman, said in a
Friday, September 14, 2012
Cincinnati Symphony Orchestra director
deeshu-tatum.blogspot.com
As the new president of the , Trey Deveu helped balance the budget and negotiate a new concessionary contract withthe orchestra’s musicians. The contract and other cuts reduced operating costsby $2.8 millioj a year. But he’x still staring at a shrinkingendowment that, worst-case scenario, could leave another $1.5 million hole in the organization’sz annual revenue. And he’xs busy crafting a plan to draw new audiences to historif Music Hall while continuing to inspire devoted supporters. All that, and he’s been on the job aboutf 30 days. “It feels like abou t the first 30 Devey said. “It’s absolutely flown No wonder. Devey started the job Jan.
6, two weekx earlier than planned so he couldc play a role in negotiations with the His last day at his forme job as a consultant with thewas Jan. 5. And the negotiationd started immediately. CSO Board Chairman Marvin Quin said he was impressed with how Deveh performed under the intensse pressure of his first few weeksa onthe job. “The numbet of hours he put in the firsmonth – I’m just glad we weren’t payingy him overtime,” said the former chief financial officer of “He says, ‘ I feel like I’m trying to sip water througu a fire hose.’ A lot came at him very and he managed it extremely well.
” Devey was hire d in November, filling the position left open by the retirementt of Steven Monder. Monder had been at the CSO for 37 yearz and was even younger thanthe 37-year-old Devet when he became president of the Quin said Devey was chosen because of his experience both insidew the industry and out. Before earning his MBA from the Whartonh School at the and going to work for BostoConsulting Group, Devey had served as presiden and executive director of both the and , in additionm to other positions with other U.S. “He’s got a business acumen that not many leaders in his rolewoulcd have,” Quin said.
“But yet he stilkl has the love of the orchestra and the love of the That combination will serve theCSO well, said Scott vice president and campaign director for the . “He’s but he balances that with a real passionm forthe symphony,” said Provancher, who has knownh Devey since 1998 when Devey hired Provancher at the Syracusee Symphony Orchestra. “And he’s somebody that I thinj people can really trust andget behind.” Devegy sees his new job as reaching beyondc Music Hall.
He wants the CSO to be a leaderd in the revitalizationof Over-the-Rhine and is enthusiastic aboug the redevelopment there being led by the But he knowsa the financial worries aren’t over. Attendance is up by 14 perceng for the first 14 weekz ofthe orchestra’s But the stock market could effectivelyh eliminate the organization’s unrestricted endowment, which contributesx $1.5 million each year to the orchestra’s nearly $40 million operating budget. And, as generous as the CSO’as supporters have been, no arts organization can counr on benefactors to bailthem out, Deveh said.
“Money’s the challenge,” said Richard Jensen, the CSO’sz associate principal tympanist and Musicians Committee chairman who representer the musicians duringcontract negotiations. “That’xs always the challenge in Cincinnati.” After all, Jensen said, Cincinnati has an orchestra with the quality and budget ofbigger markets, such as Pittsburgh, Minneapolix and San Francisco. Those are places with more peopl and more money to supportthe arts. “We have the traditio n going for us, and we have the taleny going for us,” Jensen “Corporate support seems to be trickier and trickier to getthesd days.
” Devey faces the challengd undeterred. “We have a board made up of extremelyu connected andsmart people. We have musicians who are the best at what they do and are We have astaff that’s passionate and committed,” he said. “Ifc we can pull all these people together and work toward thesame goal, then the sky’s the limit.” President, Cincinnati Symphony Orchestra; executive director, Cincinnati May Festivao Education: Bachelor of Music from , MBA from the Wharton
As the new president of the , Trey Deveu helped balance the budget and negotiate a new concessionary contract withthe orchestra’s musicians. The contract and other cuts reduced operating costsby $2.8 millioj a year. But he’x still staring at a shrinkingendowment that, worst-case scenario, could leave another $1.5 million hole in the organization’sz annual revenue. And he’xs busy crafting a plan to draw new audiences to historif Music Hall while continuing to inspire devoted supporters. All that, and he’s been on the job aboutf 30 days. “It feels like abou t the first 30 Devey said. “It’s absolutely flown No wonder. Devey started the job Jan.
6, two weekx earlier than planned so he couldc play a role in negotiations with the His last day at his forme job as a consultant with thewas Jan. 5. And the negotiationd started immediately. CSO Board Chairman Marvin Quin said he was impressed with how Deveh performed under the intensse pressure of his first few weeksa onthe job. “The numbet of hours he put in the firsmonth – I’m just glad we weren’t payingy him overtime,” said the former chief financial officer of “He says, ‘ I feel like I’m trying to sip water througu a fire hose.’ A lot came at him very and he managed it extremely well.
” Devey was hire d in November, filling the position left open by the retirementt of Steven Monder. Monder had been at the CSO for 37 yearz and was even younger thanthe 37-year-old Devet when he became president of the Quin said Devey was chosen because of his experience both insidew the industry and out. Before earning his MBA from the Whartonh School at the and going to work for BostoConsulting Group, Devey had served as presiden and executive director of both the and , in additionm to other positions with other U.S. “He’s got a business acumen that not many leaders in his rolewoulcd have,” Quin said.
“But yet he stilkl has the love of the orchestra and the love of the That combination will serve theCSO well, said Scott vice president and campaign director for the . “He’s but he balances that with a real passionm forthe symphony,” said Provancher, who has knownh Devey since 1998 when Devey hired Provancher at the Syracusee Symphony Orchestra. “And he’s somebody that I thinj people can really trust andget behind.” Devegy sees his new job as reaching beyondc Music Hall.
He wants the CSO to be a leaderd in the revitalizationof Over-the-Rhine and is enthusiastic aboug the redevelopment there being led by the But he knowsa the financial worries aren’t over. Attendance is up by 14 perceng for the first 14 weekz ofthe orchestra’s But the stock market could effectivelyh eliminate the organization’s unrestricted endowment, which contributesx $1.5 million each year to the orchestra’s nearly $40 million operating budget. And, as generous as the CSO’as supporters have been, no arts organization can counr on benefactors to bailthem out, Deveh said.
“Money’s the challenge,” said Richard Jensen, the CSO’sz associate principal tympanist and Musicians Committee chairman who representer the musicians duringcontract negotiations. “That’xs always the challenge in Cincinnati.” After all, Jensen said, Cincinnati has an orchestra with the quality and budget ofbigger markets, such as Pittsburgh, Minneapolix and San Francisco. Those are places with more peopl and more money to supportthe arts. “We have the traditio n going for us, and we have the taleny going for us,” Jensen “Corporate support seems to be trickier and trickier to getthesd days.
” Devey faces the challengd undeterred. “We have a board made up of extremelyu connected andsmart people. We have musicians who are the best at what they do and are We have astaff that’s passionate and committed,” he said. “Ifc we can pull all these people together and work toward thesame goal, then the sky’s the limit.” President, Cincinnati Symphony Orchestra; executive director, Cincinnati May Festivao Education: Bachelor of Music from , MBA from the Wharton
Thursday, September 13, 2012
TEXT-S&P rates Infinity Property and Casualty Corp notes 'BBB' - Reuters
xeconatyxex.blogspot.com
TEXT-S&P rates Infinity Property and Casualty Corp notes 'BBB' Reuters Overview -- Infinity Property and Casualty Corp. is issuing $275 million of senior unsecured notes due in 2022 to refinance its existing $195 million in notes maturing in 2014. -- We are assigning our 'BBB' senior unsecured rating to the proposed issuance. |
Wednesday, September 12, 2012
Orinda, Octagon plan loft/retail conversion - Puget Sound Business Journal (Seattle):
ejoxot.wordpress.com
Atlanta-based and Charlotteville, Va.-based reportedc their plans for the property at 222Mitchell Street, but they did not disclose financial terms of the The 350,000-square-foot structure was builtt in stages from 1929 to 1979 on 2.1 acresz and occupies the entire city block boundefd by Spring, Forsyth, Mitchell and Nelson Streets. Orind and Octagon will convert the property into a rentalp building with 205 loft unitds and morethan 70,000 square feet of commercial Occupancy is expected in January 2011.
“The redevelopment of 222 Mitchelp Street into rental lofts and retaiol space will play a significan role in the rebirth of this part of downtown saidDillon Baynes, president of Orinda, in a “We’re certain that living at 222 Mitchell Street will appeakl to young professionals who work downtown, as well as to colleg students, especially those who already attend one of the many fine institutionz in the area, such as Georgia State University, Spelman, Morehouse, Clark Atlanta University and Georgi a Tech.
”
Atlanta-based and Charlotteville, Va.-based reportedc their plans for the property at 222Mitchell Street, but they did not disclose financial terms of the The 350,000-square-foot structure was builtt in stages from 1929 to 1979 on 2.1 acresz and occupies the entire city block boundefd by Spring, Forsyth, Mitchell and Nelson Streets. Orind and Octagon will convert the property into a rentalp building with 205 loft unitds and morethan 70,000 square feet of commercial Occupancy is expected in January 2011.
“The redevelopment of 222 Mitchelp Street into rental lofts and retaiol space will play a significan role in the rebirth of this part of downtown saidDillon Baynes, president of Orinda, in a “We’re certain that living at 222 Mitchell Street will appeakl to young professionals who work downtown, as well as to colleg students, especially those who already attend one of the many fine institutionz in the area, such as Georgia State University, Spelman, Morehouse, Clark Atlanta University and Georgi a Tech.
”
Monday, September 10, 2012
Freddie Mac: Mortgage rates spike - Triangle Business Journal:
avaohev.blogspot.com
's weekly report says 30 year fixed-rate mortgages averaged 5.29 percent this week, the highest rate this year and up sharpl fromlast week's average of 4.91 Rates still remain well below year-agl levels, when the interest rates on 30-yeatr mortgages were averaging more than 6 "Rates caught up to the recent rise in long-termm bond yields this week to reachu a 25 week high," says Freddie Mac (NYSE: FRE) chied economist Frank Nothaft. "Thew slowdown in the housing market has now detracteed from economic growth for the past13 quarters, the longesft quarterly stretch since at least 1947.
" Despite risinf rates, the housing market continue to show small signs of The ' housing affordibilityt index rose in April to its secondd highest level since at least 1971. The NAR also reporterd this week that pending sales of existingt homes rose for the thirdrstraight month, posting the biggest monthly increased since 2001.
's weekly report says 30 year fixed-rate mortgages averaged 5.29 percent this week, the highest rate this year and up sharpl fromlast week's average of 4.91 Rates still remain well below year-agl levels, when the interest rates on 30-yeatr mortgages were averaging more than 6 "Rates caught up to the recent rise in long-termm bond yields this week to reachu a 25 week high," says Freddie Mac (NYSE: FRE) chied economist Frank Nothaft. "Thew slowdown in the housing market has now detracteed from economic growth for the past13 quarters, the longesft quarterly stretch since at least 1947.
" Despite risinf rates, the housing market continue to show small signs of The ' housing affordibilityt index rose in April to its secondd highest level since at least 1971. The NAR also reporterd this week that pending sales of existingt homes rose for the thirdrstraight month, posting the biggest monthly increased since 2001.
Sunday, September 9, 2012
mindSHIFT Technologies Wins Two 2009 BOLI Awards for Website Development
younkinesagugad1746.blogspot.com
June 10 /PRNewswire/ -- , a leading provider of informationn technology and applicationdevelopment services, was recently honored at the Long Islan d Advertising Club 2009 BOLI ceremony with two Best of Long Islan Awards. mindSHIFT won the Best in Category Extranet Site" BOLI award for their work with Hudson Health Plan on a -based employee intranet that provides centralizecd information with consistent branding, design and mindSHIFT was also awarded the Best in Category "Internet: Non-Profit" BOLI for their work with the Boy Scoutsw of America on a Sitecore-based content managemenf system that powers their public web site .
"In concerft with our clients, we are honoree to win these Long Islanrd Advertising Club BOLI2009 awards," said , seniodr executive officer of the mindSHIFT Managed Hosting & e-Business Application Service s Division. "As a companyy that has been developin g websites since the very beginning in and as a past BOLIawared winner, we're pleased to continue our tradition of succesd in providing high value website and application developmeny services to our clients." "This 2009 BOLI awardf is recognition of the combined expertise and efforts of the projectg teams here at Hudson and at mindSHIFT," said , vice president, public relations & communications, at .
"The Intranet that mindSHIFf built for us on the Sitecore content management system platform has enabled productivity gains and majod improvements in ourinternal communications." "For the Boy Scouts of the 2009 BOLI awar d represents the culmination of many months of work that we investeds in the redesign of the website,"" said , senior web administrator at the Boy Scoute of America. "With mindSHIFT, we implemented a Sitecore content managementg system forour website, and we gained the consistentg branding, flexibility and ease-of-use that we needed to operate our nationaol and local websites.
" The Best of Long Island Awards is a nationally recognized advertising and marketing awardes program from the that attractx participation from agencies, corporate marketers and supplierws industry-wide. About mindSHIFT Technologies, Inc. mindSHIFT provides technologyh peace of mind to smalland medium-sizec organizations by delivering premier IT infrastructurer and software services that utilize the most reliablwe and advanced systems and processes in the Organizations use mindSHIFT's services to keep their businesses running 24x7, to increase reliability and to protect mission-critica data. mindSHIFT is among managed IT service providersby (R).
We make IT work for your (R) mindSHIFT Technologies is a registered trademark ofmindSHIFT Technologies, Inc. All trademarks are the propert y of theirrespective owners. SOURCE mindSHIFgT Technologies, Inc.
June 10 /PRNewswire/ -- , a leading provider of informationn technology and applicationdevelopment services, was recently honored at the Long Islan d Advertising Club 2009 BOLI ceremony with two Best of Long Islan Awards. mindSHIFT won the Best in Category Extranet Site" BOLI award for their work with Hudson Health Plan on a -based employee intranet that provides centralizecd information with consistent branding, design and mindSHIFT was also awarded the Best in Category "Internet: Non-Profit" BOLI for their work with the Boy Scoutsw of America on a Sitecore-based content managemenf system that powers their public web site .
"In concerft with our clients, we are honoree to win these Long Islanrd Advertising Club BOLI2009 awards," said , seniodr executive officer of the mindSHIFT Managed Hosting & e-Business Application Service s Division. "As a companyy that has been developin g websites since the very beginning in and as a past BOLIawared winner, we're pleased to continue our tradition of succesd in providing high value website and application developmeny services to our clients." "This 2009 BOLI awardf is recognition of the combined expertise and efforts of the projectg teams here at Hudson and at mindSHIFT," said , vice president, public relations & communications, at .
"The Intranet that mindSHIFf built for us on the Sitecore content management system platform has enabled productivity gains and majod improvements in ourinternal communications." "For the Boy Scouts of the 2009 BOLI awar d represents the culmination of many months of work that we investeds in the redesign of the website,"" said , senior web administrator at the Boy Scoute of America. "With mindSHIFT, we implemented a Sitecore content managementg system forour website, and we gained the consistentg branding, flexibility and ease-of-use that we needed to operate our nationaol and local websites.
" The Best of Long Island Awards is a nationally recognized advertising and marketing awardes program from the that attractx participation from agencies, corporate marketers and supplierws industry-wide. About mindSHIFT Technologies, Inc. mindSHIFT provides technologyh peace of mind to smalland medium-sizec organizations by delivering premier IT infrastructurer and software services that utilize the most reliablwe and advanced systems and processes in the Organizations use mindSHIFT's services to keep their businesses running 24x7, to increase reliability and to protect mission-critica data. mindSHIFT is among managed IT service providersby (R).
We make IT work for your (R) mindSHIFT Technologies is a registered trademark ofmindSHIFT Technologies, Inc. All trademarks are the propert y of theirrespective owners. SOURCE mindSHIFgT Technologies, Inc.
Saturday, September 8, 2012
Electric Power Research Institute hired to create
burdukovahycel.blogspot.com
The has awarded a $1.3 millioj contract to the research nonprofit ina three-phase effort to create a more futuristic smart grid that can accomplish such things as accommodatingb renewable energy, storing extra energy for later use, measuring a customer’as peak electricity consumption and notifyinf a utility of outages, all in real Dozens of technology companiesa are creating, and utilities are now beginning to new devices, meters and producta to connect to the NIST and EPRI, based in Palo Alto, are tasked with writing standards for makingg those products from different companies interoperable with one while helping shield the grid against hacked attacks and natural “You’re going to have more devicea hooked up to the said NIST spokesman Mark Bello.
“You have to make sure with thes e additional connecting pointsthat they’re secure.” NIST said it plansz to use some of the $220 million it was awarded under the federal stimulus package toward the effort, while also tapping $10 million from the Department of Energy’sd stimulus allotment. In all, the stimulus bill sets aside $4.5 billiom for the development of asmart grid. By earlgy fall, NIST expects to releaswe initial standards, ones that have already largely earnexindustry consensus, Bello said.
The agency will hold a summitrin mid-May to hear input from utilities, equipment consumers, standards developers and other After drafting additional, more complicated standardsw that then fill the gaps left by the initia slate, NIST said it will submit the entire standarda proposal to the Federal Energyt Regulation Commission for its review and devise a producyt testing and certification program, both by the end of the Smart grid pilot projects, however, are alreadyu underway. Local companies, such as Arlington-baseds and Germantown-based , are participating in a citywidre smart grid pilotin Boulder, Colo.
Pepc is also working with a California technology contractore and requested regulatory approva l to initiate smart grid pilotsin Bethesda-Chevuy Chase and Fort while testing smart meters in 1,400 D.C. The local utility has said it planw to roll out a smartg grid in Maryland and the Districtby 2013. Othe local companies such as EkaSystemsa Inc. of Germantown and Kore Telematicws Inc. of Reston are working on smart grid-relatex technology. Bello said NIST’s standards-writinb process will not interfere with the commercialpilotg projects, and instead will take into account some of the industry’s alreadg most accepted methods.
“Some of this is a formalizatiomof what’s already in existence,” he said. Thesed pilot tests are “a good proving ground for some of these standards.”
The has awarded a $1.3 millioj contract to the research nonprofit ina three-phase effort to create a more futuristic smart grid that can accomplish such things as accommodatingb renewable energy, storing extra energy for later use, measuring a customer’as peak electricity consumption and notifyinf a utility of outages, all in real Dozens of technology companiesa are creating, and utilities are now beginning to new devices, meters and producta to connect to the NIST and EPRI, based in Palo Alto, are tasked with writing standards for makingg those products from different companies interoperable with one while helping shield the grid against hacked attacks and natural “You’re going to have more devicea hooked up to the said NIST spokesman Mark Bello.
“You have to make sure with thes e additional connecting pointsthat they’re secure.” NIST said it plansz to use some of the $220 million it was awarded under the federal stimulus package toward the effort, while also tapping $10 million from the Department of Energy’sd stimulus allotment. In all, the stimulus bill sets aside $4.5 billiom for the development of asmart grid. By earlgy fall, NIST expects to releaswe initial standards, ones that have already largely earnexindustry consensus, Bello said.
The agency will hold a summitrin mid-May to hear input from utilities, equipment consumers, standards developers and other After drafting additional, more complicated standardsw that then fill the gaps left by the initia slate, NIST said it will submit the entire standarda proposal to the Federal Energyt Regulation Commission for its review and devise a producyt testing and certification program, both by the end of the Smart grid pilot projects, however, are alreadyu underway. Local companies, such as Arlington-baseds and Germantown-based , are participating in a citywidre smart grid pilotin Boulder, Colo.
Pepc is also working with a California technology contractore and requested regulatory approva l to initiate smart grid pilotsin Bethesda-Chevuy Chase and Fort while testing smart meters in 1,400 D.C. The local utility has said it planw to roll out a smartg grid in Maryland and the Districtby 2013. Othe local companies such as EkaSystemsa Inc. of Germantown and Kore Telematicws Inc. of Reston are working on smart grid-relatex technology. Bello said NIST’s standards-writinb process will not interfere with the commercialpilotg projects, and instead will take into account some of the industry’s alreadg most accepted methods.
“Some of this is a formalizatiomof what’s already in existence,” he said. Thesed pilot tests are “a good proving ground for some of these standards.”
Thursday, September 6, 2012
Global Colocation Solutions Provider CyrusOne Completes Steel Framework for ... - The Herald | HeraldOnline.com
burdukovahycel.blogspot.com
Global Colocation Solutions Provider CyrusOne Completes Steel Framework for ... The Herald | HeraldOnline.com Global Colocation Solutions Provider CyrusOne Completes Steel Framework for 'Massively Modular' Phoenix Data Center. Published: September 6, 2012. 2012-09-06T17:37:46Z. Tweet · 0 Comments E-mail Print. Advertisement ... |
Wednesday, September 5, 2012
SEC: N.Y. investment firm misled S. Fla. seniors - Los Angeles Business from bizjournals:
authors-morphology.blogspot.com
"They used free lunches as the low-tech bait for their high-scale scheme," said Robert Khuzami, directoer of the SEC's Divisionm of Enforcement. The SEC alleges elderlyt and retired investors were lured into purchasing highlyy unsuitable variable annuities with lucrative sales commissions while ignoriny the financial goalsof victims. The SEC allegesa that Eric J. Brown of Highland Beach, Matthew J. Collinxs of Boynton Beach, Kevin J. Walsh of and Mark W. Wells of Boca were among those offering and sellingthe It’s alleged that the firm and its representativeas earned millions of dollars in sales commissions.
PCS is a registered broker-dealer and wholly-owned subsidiary of Gilman Ciocia, an incomr tax preparation business headquartered in Poughkeepsie that offers financiao services inNew York, New Jersey, Pennsylvania and Florida. Robert a NewYork attorney who representsPrime Capital, Gilmaj Ciocia, and several of the individuals, includin Collins and Wells, said the conduct at issue in the complainr is "very old" and occurref in the late 1990s and earlhy 2000. He said the company reached a settlementy withthe (FINRA), when it was calleed the (NASD). As part of that the company implementedsome wide-ranging updatee to its supervisory and compliance system s in 2005, Heim said.
He addedr that he didn't know why the SEC was goin over thesame ground. "All of thesew issues were addressed yearsd ago and we feelthe company's responsee has been appropriate," he While Brown and Walsh have since Collins and Wells are still with the company, he An administrative law judge will determine whether the allegations against the respondents are true and, if so, whethedr they should be orderedd to cease and desist from future violations.
"They used free lunches as the low-tech bait for their high-scale scheme," said Robert Khuzami, directoer of the SEC's Divisionm of Enforcement. The SEC alleges elderlyt and retired investors were lured into purchasing highlyy unsuitable variable annuities with lucrative sales commissions while ignoriny the financial goalsof victims. The SEC allegesa that Eric J. Brown of Highland Beach, Matthew J. Collinxs of Boynton Beach, Kevin J. Walsh of and Mark W. Wells of Boca were among those offering and sellingthe It’s alleged that the firm and its representativeas earned millions of dollars in sales commissions.
PCS is a registered broker-dealer and wholly-owned subsidiary of Gilman Ciocia, an incomr tax preparation business headquartered in Poughkeepsie that offers financiao services inNew York, New Jersey, Pennsylvania and Florida. Robert a NewYork attorney who representsPrime Capital, Gilmaj Ciocia, and several of the individuals, includin Collins and Wells, said the conduct at issue in the complainr is "very old" and occurref in the late 1990s and earlhy 2000. He said the company reached a settlementy withthe (FINRA), when it was calleed the (NASD). As part of that the company implementedsome wide-ranging updatee to its supervisory and compliance system s in 2005, Heim said.
He addedr that he didn't know why the SEC was goin over thesame ground. "All of thesew issues were addressed yearsd ago and we feelthe company's responsee has been appropriate," he While Brown and Walsh have since Collins and Wells are still with the company, he An administrative law judge will determine whether the allegations against the respondents are true and, if so, whethedr they should be orderedd to cease and desist from future violations.
Monday, September 3, 2012
Hurley: Keep an eye on the future when negotiating deals - Orlando Business Journal:
jiqatili.wordpress.com
In 1993, she answered a help wanted newspaper ad for someoned with a legal background to work in the realestate "I thought I would do real estate from this end of the and the negotiating," says That's when she joinede in Orlando, where she now works as a real estatde and leasing manager. In that position, she has dealt with all aspecta of commercialreal estate, including positioning of properties for financee and development, construction, leasing and management. Pineloch Management generates morethan $10 millioj in lease, warehouse and agriculturer revenue annually. It also manages parcels of landthroughoutr Florida.
The properties it has available for lease include the Marketrat Southside, Southpointe, Southgate, Pineloch Industrialp Park and Southside. Orlando Business Journal recently spent some time with Hurley to find out wherd the commercial real estate and leasingf marketis headed. OBJ: What was your first job in commerciaklreal estate? Hurley: Working at Pineloch on the business side. I foune the transition very easy. I interneed with a commercial real estate attorney in college and they hirexd me whenI graduated. Transitioningy from the law side to the busines side of real estate was pretty natura because I had experience in contractsand closing.
OBJ: What is the biggesyt leasing deal you've recently handled? Two deals with OBJ: What do you consider your secrety to success in leasingup Pineloch's commercia properties? alternative use. If you have a 57,000-square-foot warehouse distribution you think outside the box and convert the facadw to fitthat building. We have marketed our businesas park as a viable alternative for the downtowjoffice user. It has below-downtown priceds that will provideample parking. OBJ: You were appointeds to a three-year term on the National Associatioh of Industrial Office PropertiesNational Forums' 22-member Businesa Park Development Forum, whicbh was held in Hollywood on Oct. 18-21.
What ideasd came out of that forum that you planto implement? The vacancies in Central Florida business parkss are dropping and the leases rates are rising. What I founs by listening to other members of the forun is that Central Florida is in a good placre when it comes to circumstance and Because ofthe forecasts, we are able to create our own While our vacancy was dropping, the other markets' vacancies were Their vacancies are over 30 where ours are maybe 2 percent. They aren'tf in a position to created demand aswe are. However, we all experiencd labor and constructionmaterial costs.
OBJ: You also spearheaded the NAIO PDevelopers Showcases, which were very successfulk in 2004 and 2003. To what do you attributde their success? Hurley: I had a greaty committee behindme -- no one person can develop a program like Our main focus is to get the brokers in the industrhy who are non-NAIOP members involved. It was time to stop preachingg to the choir and draw them in so the otherf developers would have the opportunity to showcaseto non-NAIOP OBJ: What's the greatest challenge your industry is facing? The ability to remain focusefd and be diligent about what the markeyt is doing today.
It's a vibrant market, but the challenges is to be focused on what it will hold in the Think beyond now as younegotiated long-term deals. Make those deals renewable.
In 1993, she answered a help wanted newspaper ad for someoned with a legal background to work in the realestate "I thought I would do real estate from this end of the and the negotiating," says That's when she joinede in Orlando, where she now works as a real estatde and leasing manager. In that position, she has dealt with all aspecta of commercialreal estate, including positioning of properties for financee and development, construction, leasing and management. Pineloch Management generates morethan $10 millioj in lease, warehouse and agriculturer revenue annually. It also manages parcels of landthroughoutr Florida.
The properties it has available for lease include the Marketrat Southside, Southpointe, Southgate, Pineloch Industrialp Park and Southside. Orlando Business Journal recently spent some time with Hurley to find out wherd the commercial real estate and leasingf marketis headed. OBJ: What was your first job in commerciaklreal estate? Hurley: Working at Pineloch on the business side. I foune the transition very easy. I interneed with a commercial real estate attorney in college and they hirexd me whenI graduated. Transitioningy from the law side to the busines side of real estate was pretty natura because I had experience in contractsand closing.
OBJ: What is the biggesyt leasing deal you've recently handled? Two deals with OBJ: What do you consider your secrety to success in leasingup Pineloch's commercia properties? alternative use. If you have a 57,000-square-foot warehouse distribution you think outside the box and convert the facadw to fitthat building. We have marketed our businesas park as a viable alternative for the downtowjoffice user. It has below-downtown priceds that will provideample parking. OBJ: You were appointeds to a three-year term on the National Associatioh of Industrial Office PropertiesNational Forums' 22-member Businesa Park Development Forum, whicbh was held in Hollywood on Oct. 18-21.
What ideasd came out of that forum that you planto implement? The vacancies in Central Florida business parkss are dropping and the leases rates are rising. What I founs by listening to other members of the forun is that Central Florida is in a good placre when it comes to circumstance and Because ofthe forecasts, we are able to create our own While our vacancy was dropping, the other markets' vacancies were Their vacancies are over 30 where ours are maybe 2 percent. They aren'tf in a position to created demand aswe are. However, we all experiencd labor and constructionmaterial costs.
OBJ: You also spearheaded the NAIO PDevelopers Showcases, which were very successfulk in 2004 and 2003. To what do you attributde their success? Hurley: I had a greaty committee behindme -- no one person can develop a program like Our main focus is to get the brokers in the industrhy who are non-NAIOP members involved. It was time to stop preachingg to the choir and draw them in so the otherf developers would have the opportunity to showcaseto non-NAIOP OBJ: What's the greatest challenge your industry is facing? The ability to remain focusefd and be diligent about what the markeyt is doing today.
It's a vibrant market, but the challenges is to be focused on what it will hold in the Think beyond now as younegotiated long-term deals. Make those deals renewable.
Sunday, September 2, 2012
Kentucky gets $124,000 to handle boat sewage - Business First of Louisville:
vittitowmehigyk1238.blogspot.com
The funding was provided as partof $14.7 million awarded to 28 states under a Clean Vessel Act Indiana will receive $495,4822 to install eight sewage pumpougt stations and one floating restroom in boating The Clean Vessel Act funds support constructiob of facilities in communitiexs that depend on recreational boatinfg for their economy and on clean water for thei r health, U.S. interior secretary Ken Salazar said in a news releasde fromthe . Sincr the program’s inception in the early the program has given states morethan $163 million to install thousands of sewage pumpout stations.
“Sewage pumpouts may not be the most glamorouszconservation tool, but theit presence can have an immediate and cleard impact on the well-being of aquatid resources and recreational waterways that provide drinkint water to millions of Americans,” U.S. Fish and Wildlifw Service acting director Rowan Gould said inthe release.
The funding was provided as partof $14.7 million awarded to 28 states under a Clean Vessel Act Indiana will receive $495,4822 to install eight sewage pumpougt stations and one floating restroom in boating The Clean Vessel Act funds support constructiob of facilities in communitiexs that depend on recreational boatinfg for their economy and on clean water for thei r health, U.S. interior secretary Ken Salazar said in a news releasde fromthe . Sincr the program’s inception in the early the program has given states morethan $163 million to install thousands of sewage pumpout stations.
“Sewage pumpouts may not be the most glamorouszconservation tool, but theit presence can have an immediate and cleard impact on the well-being of aquatid resources and recreational waterways that provide drinkint water to millions of Americans,” U.S. Fish and Wildlifw Service acting director Rowan Gould said inthe release.
Saturday, September 1, 2012
Labor Department official analyzes June unemployment numbers - Kansas City Business Journal:
elzeyfirekuut1795.blogspot.com
percent in June from 9.4 percent in May, the 's said last Here is testimony on the latest unemployment data by BLS Commissioned Keith Hall as prepared for deliver y last week to the Joint Economic Committee of Nonfarm payroll employment continued to fall in June and the unemployment rate was littls changedat 9.5 percent. Since the recession bega n in December 2007, payroll employment has droppesby 6.5 million, and the unemploymenrt rate has increased by 4.6 percentaged points. Payroll employment declines continuefd to be widespread among themajor industries. In there were large decreasesin manufacturing, and professional and businese services.
Together, these three sectors have accountecd fornearly three-quarters of the jobs lost sinc the recession began. Manufacturing employment fell by 136,000 in June, bringint job loss in this industrygto 1.9 million sinc e the start of the recession. Motor vehicle and parts employmenr declinedby 27,000 over the since the start of the recession, the industryu has lost 335,000 jobs, abouyt one-third of its total. Construction employment decreasesby 79,000 in June. Job losses in the industry havetotalexd 1.3 million during this recession. Employment in professional and businesas services droppedby 118,000 in June.
Job losses occurredd throughoutthe industry, including temporary help servicez (-38,000), services to buildingss and dwellings (-17,000), and architectural and engineering services Since the start of the professional and business services has lost 1.5 millionn jobs; temporary help servicesx accounted for over half of this decline. Federalk government employment fellby 49,000 in June, largely reflecting the layoff of workers temporarily hired to preparse for Census 2010.
Elsewhere in the service-providinyg sector, job losses continued in financial activities information (-21,000), and wholesale trade Retail trade employment edged down over the monthg (-21,000); losses continued among auto dealerships The health care industry added 21,000 jobs over the in line with its averags monthly gain for the first 5 months of this but below the average gain of 30,0000 jobs per month in 2008. Averag hourly earnings for production and nonsupervisory workers in the privater sector were unchanged in June at Over the past12 months, average hourly earnings have risen by 2.7 percent.
From May 2008 to May the Consumer Price Index for Urban Wage Earners and Clericaol Workers declinedby 1.5 percent. Turning to measuree from the household survey, the unemployment rate was littl e changedat 9.5 percent in The rate had increased by 0.4 or 0.5 percentage pointe in each of the prior 6 months. Since the onsert of the recession in December the unemployment rate has risenby 4.6 percentages points. There were 14.7 million unemployed persons in little changed from theprior month. Sinced December 2007, unemployment has risen by 7.2 The number of persons unemployes for 27 weeks or longer continued to increasein June. The 4.
4 million long-termj jobless individuals accounted for 3 in 10unemployed persons. The employment-populatiom ratio edged down to 59.5 percent in The ratio has fallenby 3.2 percentage points since the recessionh began. Among the employed, there were 9.0 milliohn persons working part time in June who woulc havepreferred full-time After rising sharply last fall and this measure has been little changed since March. In nonfarm payroll employment continued to fall in June with job lossestotaling 6.5 million since the recession The unemployment rate, at 9.
5 percent, was little changed over the
percent in June from 9.4 percent in May, the 's said last Here is testimony on the latest unemployment data by BLS Commissioned Keith Hall as prepared for deliver y last week to the Joint Economic Committee of Nonfarm payroll employment continued to fall in June and the unemployment rate was littls changedat 9.5 percent. Since the recession bega n in December 2007, payroll employment has droppesby 6.5 million, and the unemploymenrt rate has increased by 4.6 percentaged points. Payroll employment declines continuefd to be widespread among themajor industries. In there were large decreasesin manufacturing, and professional and businese services.
Together, these three sectors have accountecd fornearly three-quarters of the jobs lost sinc the recession began. Manufacturing employment fell by 136,000 in June, bringint job loss in this industrygto 1.9 million sinc e the start of the recession. Motor vehicle and parts employmenr declinedby 27,000 over the since the start of the recession, the industryu has lost 335,000 jobs, abouyt one-third of its total. Construction employment decreasesby 79,000 in June. Job losses in the industry havetotalexd 1.3 million during this recession. Employment in professional and businesas services droppedby 118,000 in June.
Job losses occurredd throughoutthe industry, including temporary help servicez (-38,000), services to buildingss and dwellings (-17,000), and architectural and engineering services Since the start of the professional and business services has lost 1.5 millionn jobs; temporary help servicesx accounted for over half of this decline. Federalk government employment fellby 49,000 in June, largely reflecting the layoff of workers temporarily hired to preparse for Census 2010.
Elsewhere in the service-providinyg sector, job losses continued in financial activities information (-21,000), and wholesale trade Retail trade employment edged down over the monthg (-21,000); losses continued among auto dealerships The health care industry added 21,000 jobs over the in line with its averags monthly gain for the first 5 months of this but below the average gain of 30,0000 jobs per month in 2008. Averag hourly earnings for production and nonsupervisory workers in the privater sector were unchanged in June at Over the past12 months, average hourly earnings have risen by 2.7 percent.
From May 2008 to May the Consumer Price Index for Urban Wage Earners and Clericaol Workers declinedby 1.5 percent. Turning to measuree from the household survey, the unemployment rate was littl e changedat 9.5 percent in The rate had increased by 0.4 or 0.5 percentage pointe in each of the prior 6 months. Since the onsert of the recession in December the unemployment rate has risenby 4.6 percentages points. There were 14.7 million unemployed persons in little changed from theprior month. Sinced December 2007, unemployment has risen by 7.2 The number of persons unemployes for 27 weeks or longer continued to increasein June. The 4.
4 million long-termj jobless individuals accounted for 3 in 10unemployed persons. The employment-populatiom ratio edged down to 59.5 percent in The ratio has fallenby 3.2 percentage points since the recessionh began. Among the employed, there were 9.0 milliohn persons working part time in June who woulc havepreferred full-time After rising sharply last fall and this measure has been little changed since March. In nonfarm payroll employment continued to fall in June with job lossestotaling 6.5 million since the recession The unemployment rate, at 9.
5 percent, was little changed over the
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