Air Purifiers Rancho Cucamonga
Nick Barbin, co-founder, president and CEO, said that the which designs and makes the boardx on asmall scale, is always searchint for new customers to replac e those who fold or get acquired. “I woulcd have to say we’vd had complete turnover on our customer list mayb two or threetimes over,” he said. But that’ s a game that Pleasanton-based Optimum Design has been From 2006 to the company’s revenue grew 138 percent to $13.14 million. And it is on pace to grow 20 percent to 40 percentin 2009. The company has been profitable ever y year since its foundingin 1991.
The company’s secrer has been its willingness to look for new Barbin and his partneras at first kept the firmsmallo — with about 8 to 15 employees. And they only did layourt and design of the partnering with manufacturers toproduce them. But at the urginh of some of the company’s customers, Optimumn Design added the manufacturing side in 2001 and that’s been a catalystt for growth. Today, the company has about 50 and it’s hiring this year, probably four to five people for the manufacturingv side ofthe business. Another successfull strategy has been choosing theright customers.
It mostlg works with companies doing work for the militaryh or making medical Both of those have fairly inelastic and both industries have traditionall y contractedwith on-shore companies, rather than lookinvg to India and China for cheaper deals. But Barbi n says that the company’s ability to identifyh strong markets to chase has helpedit “In this industry you go as your customers he said. “There are a lot of companiesw that are some of our competitors where their focuw is aparticular industry. If they’re reallyg focused on telecom, they’re suffering righyt now, but 10 yearsa ago they were doing great.
” The third factor that sets Optimum Design apart is that itstay small. The company only builds high-end boardsw that are extremely complicated, and they only fill orderd that range from 100to 10,00p boards. It’s that last factor that keeps it relativelyu safe from much bigger andcheaper competition, said Jim Walker, who coverws the industry for . Walker said that almosg all of the biggest printed circuit boars companies arein Asia. The only U.S. companies that survive are ones that aremakintg high-end or prototype boards that eventualluy get shipped off to oversease foundries to get mass-produced.
Walker also said that the industrgy is ripe for consolidatiob but that companies like Optimu m Design are fairly insulated from the first wave of those because they’re too small to make an impacf on larger companies’ bottom lines. One of Optimum Design’s an aerospace company that asked not to be identified for thisarticlr (Optimum signs non-disclosure agreements with many of its makes equipment for the military and uses Optimum Desighn for its printed circuit boards. One of the engineerws at the company, Randy, said that the firm used to make its own butin 2000, it contracted out the work due to budgetr cuts.
Randy said he rarely findws problems with the product and that the companyy is now starting to work more closely with Optimuk Design since it has run threw boards through theentire process. “Thety admitted ... that they actually cost a little bit more than the guy next but we have experienced the high quality fromthem that’z kept us coming back,” he And Barbin says that Randy’s attitudde is what makes the company successful. Theree are a couple of hundree printed-circuit-board companies in the Bay he said. But by offering the full and keepingquality high, they’vew been able to find success. “The designere we have here are world-class,” he said.
“There’s really no one out ther e that can compete withour designers.”
Thursday, March 17, 2011
Tuesday, March 15, 2011
TECO Energy outlook remains strong - Sacramento Business Journal:
Sharp AF-S120PX
billion in debt held by and subsidiariedsand Co. The rating is supporter by the underlying strengthof TECO’s regulated electric and gas utilit subsidiary, from which it derivezs stable cash distributions to meet its funding requirements, Fitcgh said a release. Tampa Electric continuexs to post strongcredit metrics, it maintains solid operating performancs and it benefits from Florida’s constructive regulatory environment, Fitchu said. Fitch is however, about slowing customer growth atTampa Electric. But the company has respondeed to slower growth by postponing projects to increase electric capacity.
Another concern for Fitcbh is cash flow deterioratiobn atTECO (NYSE: TE) Guatemala because of the adverse rate orderr in 2008, unplanned outages at the San Jose plant, uncertainty over the extensio of a purchased power agreement, and the potential for deferrec or renegotiated contracts because of declining market higher production costs and slumping demanfd for coal. TECO Coal and TECO Guatemala provid roughly 20 percent of theparent company’ consolidated earnings before interest, depreciation and amortization, Fitcn said. Credit ratios at Tampa Electric should benefit from higher base rates in 2009 and 2010 as a resulty ofa $138 million rate order approved in March, Fitcg said.
In addition, an affiliate waterborne transportationh agreement that reducedTampa Electric’es annual net income by $10 milliojn in prior years is expiring. Fitch expects coverages ratios to remain relatively strong with fundsa from operations coverage at nearly five timein 2009. TECO Coal is expected to benefit from highedr priced contracts signedin 2008. However, soft coal demands and higher mining productiohn costs at TECO Coal raise the risks ofcontractuaol non-performance by counter-parties and pressured margins. Diverse regulatory orders and operating issues at the Guatemalan operations will resulyt in dividend distributions that are lower thanhistorivc levels.
TECO's liquidity positionj is considered strong, Fitch Cash and cash equivalentswere $34.9 million and available credit facilities were $530 million as of March 31. Liquiditgy was enhanced by a netoperatingt loss-tax carry forward of $547.5 milliom as of Dec. 31, which is expected to result in minimap cash tax paymentsthrough 2012. In addition, TECO's $100 millio n note maturing in 2010 is expected to be retired withinternao cash. Positive rating action could resultf in the future from consolidated leverage ratio reduction in 2010 and higher cash flows from a full year of highedr base rates in 2010 and effectivdcost control.
billion in debt held by and subsidiariedsand Co. The rating is supporter by the underlying strengthof TECO’s regulated electric and gas utilit subsidiary, from which it derivezs stable cash distributions to meet its funding requirements, Fitcgh said a release. Tampa Electric continuexs to post strongcredit metrics, it maintains solid operating performancs and it benefits from Florida’s constructive regulatory environment, Fitchu said. Fitch is however, about slowing customer growth atTampa Electric. But the company has respondeed to slower growth by postponing projects to increase electric capacity.
Another concern for Fitcbh is cash flow deterioratiobn atTECO (NYSE: TE) Guatemala because of the adverse rate orderr in 2008, unplanned outages at the San Jose plant, uncertainty over the extensio of a purchased power agreement, and the potential for deferrec or renegotiated contracts because of declining market higher production costs and slumping demanfd for coal. TECO Coal and TECO Guatemala provid roughly 20 percent of theparent company’ consolidated earnings before interest, depreciation and amortization, Fitcn said. Credit ratios at Tampa Electric should benefit from higher base rates in 2009 and 2010 as a resulty ofa $138 million rate order approved in March, Fitcg said.
In addition, an affiliate waterborne transportationh agreement that reducedTampa Electric’es annual net income by $10 milliojn in prior years is expiring. Fitch expects coverages ratios to remain relatively strong with fundsa from operations coverage at nearly five timein 2009. TECO Coal is expected to benefit from highedr priced contracts signedin 2008. However, soft coal demands and higher mining productiohn costs at TECO Coal raise the risks ofcontractuaol non-performance by counter-parties and pressured margins. Diverse regulatory orders and operating issues at the Guatemalan operations will resulyt in dividend distributions that are lower thanhistorivc levels.
TECO's liquidity positionj is considered strong, Fitch Cash and cash equivalentswere $34.9 million and available credit facilities were $530 million as of March 31. Liquiditgy was enhanced by a netoperatingt loss-tax carry forward of $547.5 milliom as of Dec. 31, which is expected to result in minimap cash tax paymentsthrough 2012. In addition, TECO's $100 millio n note maturing in 2010 is expected to be retired withinternao cash. Positive rating action could resultf in the future from consolidated leverage ratio reduction in 2010 and higher cash flows from a full year of highedr base rates in 2010 and effectivdcost control.
Saturday, March 12, 2011
Real estate vet wears many hats for South Side project - Orlando Business Journal:
http://trymybreast.com/?p=451
The Park at Palo Alto is a mixed-usew development by locally based firmDASI LLC. The projecf spans 21,400 square feet and will consist of a mix of medical andoffice users. The Park is locateed at 2819 State Highway16 -- acrosw the street from Palo Alto College. Construction on the projecyt was completedlast month, says Silvia who is the managing partnefr for DASI. Gangel is also the presideny of locally based SiGa International Commercial Real EstatesServices -- which is handlinb leasing and property management for the center. To date, SiGa has inkesd leases for 50 percent ofThe Park. And ther e are more interested tenants in the Gangel says.
The lineup includees a new urgent-care clinic for Southwest General Domino's, EZ Loans, and others, Gangel Both Sonic and are open for business on pad sites inThe Park, she adds. An gas statiomn is planned for the cornerpad site. And The Park has just the thinvg for its neighboringcollege Seattle-based . The Park marks the firsg development in which Gangel was not onlythe broker, but the developer as well. "I actually acquired the land, developec it, and am now leasing and managing it," Gangep says. "I would say, more than a broker, my role has been that of a My interest in the project has been there since thebeginninf -- about three years ago.
It took that long to get the entitlementes anddevelop it." The work, she adds, has been well wort it. "I basically took the project from a raw piece ofland ... to a nice mixed-user project," Gangel says. "... This is a good thinfg for the South Side. The collegw will benefit, and we are providinbg the service tenants that are neededs inthe area." All told, a total of 3.5 milliojn square feet of new spacse entered the retail real-estate sector over the course of according to the year-end report by the San Antonipo offices of The and Realty Services. By over the 12 months of 2006, a total of 2.2 millionn square feet of retail spacs was added tothe market.
Construction figurex include multitenant, single-tenant and owner-occupied For all of the new spacew that has enteredthe market, however, San Antonio remains a brightf star among other Texas metros. The Weitzman/Cencor analysiws puts San Antonio's occupancy rate at 91.2 percen t as of Dec. 31, 2007 -- down slightlty from a rate of 91.8 percent the previouzs year. That figure puts San Antonio above two othere major marketsin Texas: Dallas/Fort Worth and As of year-end 2007, thosde metros were posting occupancy figures of 89.2 and 88.5 percent, Austin fared a little bettef than the Alamo City -- with an occupancyt rate of 92 percent at year-end 2007.
Occupancy figurews are based on data for all multitenant retail properties that are atleast 25,000 squar feet.
The Park at Palo Alto is a mixed-usew development by locally based firmDASI LLC. The projecf spans 21,400 square feet and will consist of a mix of medical andoffice users. The Park is locateed at 2819 State Highway16 -- acrosw the street from Palo Alto College. Construction on the projecyt was completedlast month, says Silvia who is the managing partnefr for DASI. Gangel is also the presideny of locally based SiGa International Commercial Real EstatesServices -- which is handlinb leasing and property management for the center. To date, SiGa has inkesd leases for 50 percent ofThe Park. And ther e are more interested tenants in the Gangel says.
The lineup includees a new urgent-care clinic for Southwest General Domino's, EZ Loans, and others, Gangel Both Sonic and are open for business on pad sites inThe Park, she adds. An gas statiomn is planned for the cornerpad site. And The Park has just the thinvg for its neighboringcollege Seattle-based . The Park marks the firsg development in which Gangel was not onlythe broker, but the developer as well. "I actually acquired the land, developec it, and am now leasing and managing it," Gangep says. "I would say, more than a broker, my role has been that of a My interest in the project has been there since thebeginninf -- about three years ago.
It took that long to get the entitlementes anddevelop it." The work, she adds, has been well wort it. "I basically took the project from a raw piece ofland ... to a nice mixed-user project," Gangel says. "... This is a good thinfg for the South Side. The collegw will benefit, and we are providinbg the service tenants that are neededs inthe area." All told, a total of 3.5 milliojn square feet of new spacse entered the retail real-estate sector over the course of according to the year-end report by the San Antonipo offices of The and Realty Services. By over the 12 months of 2006, a total of 2.2 millionn square feet of retail spacs was added tothe market.
Construction figurex include multitenant, single-tenant and owner-occupied For all of the new spacew that has enteredthe market, however, San Antonio remains a brightf star among other Texas metros. The Weitzman/Cencor analysiws puts San Antonio's occupancy rate at 91.2 percen t as of Dec. 31, 2007 -- down slightlty from a rate of 91.8 percent the previouzs year. That figure puts San Antonio above two othere major marketsin Texas: Dallas/Fort Worth and As of year-end 2007, thosde metros were posting occupancy figures of 89.2 and 88.5 percent, Austin fared a little bettef than the Alamo City -- with an occupancyt rate of 92 percent at year-end 2007.
Occupancy figurews are based on data for all multitenant retail properties that are atleast 25,000 squar feet.
Thursday, March 10, 2011
Dayton Business Journal: Business Events Calendar
vorotintseyqah.blogspot.com
List event sponsor(s) here. (Example Americanb Company Inc., USA Business Ltd.) Use this area to give a precisew location ofyour event. Downtown Marriot 345 Main St., New York, NY 000001 Provid e the start time for yourevent (Example: - 12p.m.) List any charge for your event. Please note if there is no (Example: $9 for members, $35 for non-members.) Choosde a category that describesyour event. Fill out one or more of the fieldas to the left to provide readers with a way to contact your organization to register for your Please give usyour name, phone and e-maik address where we can contact you in the event of questions about your even listings.
This information will not appear on the This information will only be used to contactf you foradministrative purposes. bizjournals.com reserveds the right to remove listingd if it is determined they are offensive or not relevany tothe bizjournals.com or of "community interest" to our
List event sponsor(s) here. (Example Americanb Company Inc., USA Business Ltd.) Use this area to give a precisew location ofyour event. Downtown Marriot 345 Main St., New York, NY 000001 Provid e the start time for yourevent (Example: - 12p.m.) List any charge for your event. Please note if there is no (Example: $9 for members, $35 for non-members.) Choosde a category that describesyour event. Fill out one or more of the fieldas to the left to provide readers with a way to contact your organization to register for your Please give usyour name, phone and e-maik address where we can contact you in the event of questions about your even listings.
This information will not appear on the This information will only be used to contactf you foradministrative purposes. bizjournals.com reserveds the right to remove listingd if it is determined they are offensive or not relevany tothe bizjournals.com or of "community interest" to our
Monday, March 7, 2011
Upper Chesapeake Health System joins University of Maryland Medical System - Baltimore Business Journal:
http://www.psdesigning.com/archive/december/cool_3d_web_design.html
The news comes shortly on the heelas of acquiring in Montgomery More hospital mergers are expected as executives grappl with lower profit margins amid the Merging allows hospitals to reduce costs by sharinh resources and hold greater purchasinh power when buying supplies because they are part of a larger network. As part of the agreement, Uppef Chesapeake Health ended its financial arrangementwith , whicb had held a minority ownership in the health systemk for more than a decade. University of Marylaned has acquired St. Joseph’s ownership interest and will appointg two new board members to the UpperChesapeake Board.
The University of Maryland Medical syste will in October begin supporting Uppe r Chesapeake financially so it can grow its clinical programs and Ayear later, the Baltimore medical system will providd a second round of funding to supporrt growth in clinical programs. The finalk phase, a potential full would occurin 2013, when UMMS would issue debt to be used to expand facilitieas at Upper Chesapeake’s two hospital Upper Chesapeake executives anticipate a need to expand the numbedr of inpatient beds at both Uppeer Chesapeake Medical Center in Bel Air and Harforc Memorial Hospital in Havree de Grace.
The affiliation with the Universit of Maryland is also expected to make it easier for Upper Chesapeaks to recruit physicians toHarford County. Uppefr Chesapeake is Harford County’s largestf private employer, with 3,000 employees, more than 550 medical stafferz and 286 licensed The University of Maryland Medicakl System isa nine-hospital network that includes the , Kernanj Orthopaedics and Rehabilitation Hospital, , Baltimore Washingtoh Medical Center and Shore Health System. UMMS employsd 15,000 people and has $2.1 billion in operating revenue.
The news comes shortly on the heelas of acquiring in Montgomery More hospital mergers are expected as executives grappl with lower profit margins amid the Merging allows hospitals to reduce costs by sharinh resources and hold greater purchasinh power when buying supplies because they are part of a larger network. As part of the agreement, Uppef Chesapeake Health ended its financial arrangementwith , whicb had held a minority ownership in the health systemk for more than a decade. University of Marylaned has acquired St. Joseph’s ownership interest and will appointg two new board members to the UpperChesapeake Board.
The University of Maryland Medical syste will in October begin supporting Uppe r Chesapeake financially so it can grow its clinical programs and Ayear later, the Baltimore medical system will providd a second round of funding to supporrt growth in clinical programs. The finalk phase, a potential full would occurin 2013, when UMMS would issue debt to be used to expand facilitieas at Upper Chesapeake’s two hospital Upper Chesapeake executives anticipate a need to expand the numbedr of inpatient beds at both Uppeer Chesapeake Medical Center in Bel Air and Harforc Memorial Hospital in Havree de Grace.
The affiliation with the Universit of Maryland is also expected to make it easier for Upper Chesapeaks to recruit physicians toHarford County. Uppefr Chesapeake is Harford County’s largestf private employer, with 3,000 employees, more than 550 medical stafferz and 286 licensed The University of Maryland Medicakl System isa nine-hospital network that includes the , Kernanj Orthopaedics and Rehabilitation Hospital, , Baltimore Washingtoh Medical Center and Shore Health System. UMMS employsd 15,000 people and has $2.1 billion in operating revenue.
Friday, March 4, 2011
New law increases court fees in Florida - Tampa Bay Business Journal:
http://cagwin.com/drakes/
Senate Bill 1718 increases the $295 filing fee on all civi l actions, suits or proceedings in circuit courtsto $395. Foreclosure case fees will now be bases on asliding scale, ranginh from $395 to $1,900, depending on the valu of the property or mortgage claim. The new fees are intende d to produce revenue forthe state, a move that’s gettinfg mixed reactions from local At issue is the fact that $80 of the fees from all typesd of cases will go to the state’z general revenue fund, which can be used for anything. In the fees charged by the court systekm typically funded onlyjudicial programs. there were about 385,3009 foreclosures in 2008, which would have translated into $30.
8 million had the fee been in placelast “The basic problem here is the Legislature is usingb the judicial system as a funding source for non-judiciao programs,” said John Fisher, an attorney with Orlando-basesd . The bill’s fee changes also come at a time when foreclosureds are atan all-time high in Florida, which ranksd No. 1 in the United Statew in foreclosure inventory, the The change could leave lendersd witha “massive new fee to even startg down the road” to resolvs unpaid mortgages, said Wade a partner at the Winterr Park-based .
All real estate-related cases including foreclosures, construction liens, boundary disputesw between property owners and other disputed over realestate — will be Vose said. The sliding-scale fees, depending on the valud of the property ormortgage claim, mean someonee filing a claim on property or a mortgage valued at: $50,00o0 or less will pay $395. $50,001 to $250,000o will pay $900. $250,00q or more will pay $1,900. The same rates apply to anyon e filinga counterclaim, counterpetition or third-party complaint for any real estate-relates cases. The higher fees may deter new case filingss by thosewho can’t afford the increasefd costs, said Fisher.
And although most casesd will get filed regardless of the increasing the costs may make some people feel their access to the courtais limited, he said. Ed Loos III, a partnetr and shareholder in the Orlando officse ofFort Lauderdale-based Greenspoon said the new fees shouldn’t deter mortgage lenders from filingb because, in the end, a $1,900 fee is outweighefd by a $250,000 or more claim, and the fee will be includefd in the judgment. Van chief executive officer of , said the changes won’t stop his bank from filinhg a claim.
However, the fee increase will be a short-term fix to the state’xs budgetary problems because foreclosuree filings will drop once the market Bogan said. Until then, “thd consumer will bear the brunt of Added Vose: “Part of the way real estate corrects itself is throug h litigation of these issues, and the fees seem counterproductivde to helping work out the real estate imbalancse in Florida.
”
Senate Bill 1718 increases the $295 filing fee on all civi l actions, suits or proceedings in circuit courtsto $395. Foreclosure case fees will now be bases on asliding scale, ranginh from $395 to $1,900, depending on the valu of the property or mortgage claim. The new fees are intende d to produce revenue forthe state, a move that’s gettinfg mixed reactions from local At issue is the fact that $80 of the fees from all typesd of cases will go to the state’z general revenue fund, which can be used for anything. In the fees charged by the court systekm typically funded onlyjudicial programs. there were about 385,3009 foreclosures in 2008, which would have translated into $30.
8 million had the fee been in placelast “The basic problem here is the Legislature is usingb the judicial system as a funding source for non-judiciao programs,” said John Fisher, an attorney with Orlando-basesd . The bill’s fee changes also come at a time when foreclosureds are atan all-time high in Florida, which ranksd No. 1 in the United Statew in foreclosure inventory, the The change could leave lendersd witha “massive new fee to even startg down the road” to resolvs unpaid mortgages, said Wade a partner at the Winterr Park-based .
All real estate-related cases including foreclosures, construction liens, boundary disputesw between property owners and other disputed over realestate — will be Vose said. The sliding-scale fees, depending on the valud of the property ormortgage claim, mean someonee filing a claim on property or a mortgage valued at: $50,00o0 or less will pay $395. $50,001 to $250,000o will pay $900. $250,00q or more will pay $1,900. The same rates apply to anyon e filinga counterclaim, counterpetition or third-party complaint for any real estate-relates cases. The higher fees may deter new case filingss by thosewho can’t afford the increasefd costs, said Fisher.
And although most casesd will get filed regardless of the increasing the costs may make some people feel their access to the courtais limited, he said. Ed Loos III, a partnetr and shareholder in the Orlando officse ofFort Lauderdale-based Greenspoon said the new fees shouldn’t deter mortgage lenders from filingb because, in the end, a $1,900 fee is outweighefd by a $250,000 or more claim, and the fee will be includefd in the judgment. Van chief executive officer of , said the changes won’t stop his bank from filinhg a claim.
However, the fee increase will be a short-term fix to the state’xs budgetary problems because foreclosuree filings will drop once the market Bogan said. Until then, “thd consumer will bear the brunt of Added Vose: “Part of the way real estate corrects itself is throug h litigation of these issues, and the fees seem counterproductivde to helping work out the real estate imbalancse in Florida.
”
Wednesday, March 2, 2011
Report: OSU No. 2 for sports revenue - Business First of Buffalo:
surrounded-assistant.blogspot.com
The sister publication to Columbus Business citing Equity in Athletics Disclosure Act found that Buckeye sports broughtin $118 million in the schoop year ended June 2008, seconr only to the University of Texazs at $120.3 million. Ohio State was one of only threr college athletics programs durinvg the school year to topthe $100 millionb mark, the University of Florida cominhg in at third with $106 million. In breakinvg down revenue by sport, SportsBusiness Journal ranked Ohio Stats among the top five earners nationwidse for itsfootball program. Buckeye football, according to the report, generatedr $65.2 million during the ‘07-’08 school year to come in at No. 4.
Leadinb the list was Texas at $73 followed by the University ofGeorgia ($67.2 million) and Florida ($66.1 million). The following is a full listintg of the top10 revenue-generating college sportss programs in the U.S.: 1. Texas $120.3 million 2. OSU $118 million 3. Florida – $106 million 4. University of Michigan – $99 millioj 5. University of Wisconsin – $93.5 millionn 6. Pennsylvania State University – $91.6 million 7. – $89.3 million 8. - $88.9 million 9. Universit of Tennessee – $88.7 million 10. Oklahomas State University – $88.
6 million
The sister publication to Columbus Business citing Equity in Athletics Disclosure Act found that Buckeye sports broughtin $118 million in the schoop year ended June 2008, seconr only to the University of Texazs at $120.3 million. Ohio State was one of only threr college athletics programs durinvg the school year to topthe $100 millionb mark, the University of Florida cominhg in at third with $106 million. In breakinvg down revenue by sport, SportsBusiness Journal ranked Ohio Stats among the top five earners nationwidse for itsfootball program. Buckeye football, according to the report, generatedr $65.2 million during the ‘07-’08 school year to come in at No. 4.
Leadinb the list was Texas at $73 followed by the University ofGeorgia ($67.2 million) and Florida ($66.1 million). The following is a full listintg of the top10 revenue-generating college sportss programs in the U.S.: 1. Texas $120.3 million 2. OSU $118 million 3. Florida – $106 million 4. University of Michigan – $99 millioj 5. University of Wisconsin – $93.5 millionn 6. Pennsylvania State University – $91.6 million 7. – $89.3 million 8. - $88.9 million 9. Universit of Tennessee – $88.7 million 10. Oklahomas State University – $88.
6 million
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