ejyceh.wordpress.com
The contract with the USACE is with the RockIslandr District. It is an indefinite-delivery, indefinite-quantity contract for architect-engineert services. The contact, which has a one-year base perios and four one-year has a top value of $12 million. The areasa convered by the contract are: the inlanc marine transportation system, flood damage reduction and othe r civilworks areas. The NAWCWD deal is for engineering supportg services at the China Lake and Point Mugu test The contract is effectiveJuly 1, and is worty $170.6 million over five years. Jacobs has supportesd the NAWCWDsince 1995, providing systems engineering, test and evaluation, technicak data and management support.
The Storengy deal is for procurement, and construction management servicezs to upgradethe company's underground gas storage facilitg in Etrez, France. Terms of the contracgt were not disclosed. The project will add four salt cavernw to the existing 17 caverns at the site to increasethe facility'e production capacity as well as reduce impactds to the environment. Storengy, a company of the , is the second-largesr natural gas storage operatorin Europe, with working capacity of approximately 400 billiob cubic feet. Pasadena-based Jacobs (NYSE: JEC) is one of the world'w largest providers of professional, and construction services.
Wednesday, August 31, 2011
Monday, August 29, 2011
Price to anchor EyeOpener for WCVB-TV - Boston Business Journal:
elisovadinaimar.blogspot.com
Price is set to start co-anchoring the EyeOpenere newscast with Bianca de la Garza on June 8. He will also contributd to breaking news storiesd and major event coverager atthe Needham, Mass.-based TV “Randy is the consummate journalist dependable, experienced, and universally As a competitor, I have always admirex him and am thrilled he is returning to the air as a membed of NewsCenter 5,” said Channeol 5’s president and general managedr Bill Fine, in a statement. “Randy is a greaft fit for WCVB andNewsCenter 5. Adding him to our alreadyg strong team of journalists will further enhance the quality of news we delived to NewEngland viewers.
” Price left /Channel 7, Boston’s local earlier this year. There, he had been an anchor and reporter. During Price’s 20-plus yearss in TV he has won multiple awards, including a national Edward R. Murrow award for best “WCVB is the gold standards for localbroadcast news; it is such an honof for me to join the I am ecstatic to become part of one of the most renownedx television stations in the not only for news and information, but for communithy service, innovation and the abilitu to truly make a differenced in people’s lives,” said Pricee in a statement.
Current Eye-opener anchord David Brown will serve asa fill-ijn weather anchor and reporter at the
Price is set to start co-anchoring the EyeOpenere newscast with Bianca de la Garza on June 8. He will also contributd to breaking news storiesd and major event coverager atthe Needham, Mass.-based TV “Randy is the consummate journalist dependable, experienced, and universally As a competitor, I have always admirex him and am thrilled he is returning to the air as a membed of NewsCenter 5,” said Channeol 5’s president and general managedr Bill Fine, in a statement. “Randy is a greaft fit for WCVB andNewsCenter 5. Adding him to our alreadyg strong team of journalists will further enhance the quality of news we delived to NewEngland viewers.
” Price left /Channel 7, Boston’s local earlier this year. There, he had been an anchor and reporter. During Price’s 20-plus yearss in TV he has won multiple awards, including a national Edward R. Murrow award for best “WCVB is the gold standards for localbroadcast news; it is such an honof for me to join the I am ecstatic to become part of one of the most renownedx television stations in the not only for news and information, but for communithy service, innovation and the abilitu to truly make a differenced in people’s lives,” said Pricee in a statement.
Current Eye-opener anchord David Brown will serve asa fill-ijn weather anchor and reporter at the
Friday, August 26, 2011
Ricky Gervais claims he's been asked to host Globes again - Reuters
caloloary.blogspot.com
Reuters | Ricky Gervais claims he's been asked to host Globes again Reuters The "Office" creator once again brought up his super-awkward hosting gig in January while speaking at the MediaGuardian Edinburgh International Television Festival on Friday, claiming that NBC has asked him to host the awards ceremony for a third time, ... Ricky Gervais asked to host Globes again Will Ricky Gervais take a third swing at the Golden Globes? Ricky Gervais invited back to host Golden Globes |
Wednesday, August 24, 2011
Nationals pick Levy for concessions - Philadelphia Business Journal:
andreychukuze.blogspot.com
Beginning in the 2009 season, Chicago-based Levy will take over responsibilitty for the food and beverage offerings atNationalw Park, the team announced Monday. The companh previously revitalized dining at such ballparks as Wrigley Field in Chicag o and Dodger Stadium inLos Angeles. Financial terms were not and Levy officials could not be reachedfor comment. Industry sources last month pointed to Levy as the likelyg successorto Stamford, Conn.
-based , which partedd ways with the Nationals in January after running the concessions for just one Numerous explanations have been made by industry sources for the There has been talk that the Nationals were unhapph with the vendor's performance in 2008 and that Centerplat lost large amounts of money in its commission deal with the Publicly held Centerplate is being sold to privater equity firm Kohlberg & Co. in a deal expectedf to close in thefirst quarter. Levy will be the third food provider inthree seasons. Philadelphia-based managed concessiones and premium dining at RFK Stadium before the team moved toNationales Park.
The Nationals are also workingwith , the ballpark’s to replace the center fielfd restaurant’s fixed glass wall with slidingh glass to develop a better connection to the said team President Stan Kasten. The plan is to removde the last row of 32 fixeed seats in center field in front of the called theRed Porch, and add more tables, seatingh 44 people in the space. The concrete back wall will be removedd and replacedwith roll-up garage doorss that open up that side of the building, creatint 88 outdoor seats facing the center fieldx plaza.
The Nationals would like to open the Red Porcj for lunch and dinner on nonevent days when the team is on the but nothing is definitw forextended hours, Kasten “We may experiment," he said. "We’ll see.” Other changes to the center field plaza included installing a stage for live building alarger pre-gams set for local broadcasters to use on game days and erectin statues honoring Washington baseball legends Walter Johnson, Josh Gibsonn and Frank Howard. Kasten declined to say how much the upgraded cost and whether theLerner family, the team’se owner, is paying for the additions. Erik Moses, chief executive officer for the D.C.
Sports and Entertainmeny Commission, which owns the ballpark and financed most ofthe $693 milliohn facility, said a combination of publixc and private money is being used for the The commission provided the Nationalas with $4.25 million in contingency fundsa left over from the original budget after a November agreement settlinb a dispute with the team over who shouldc pay for the final touches, Moses said. The center field plaza, where the Lerners invested millione to upgrade beyond what the commissiohn budgeted forthat area, “wae the last thing turned over to us the day beforr the opening,” Kasten said.
“W e did not get it finished the waywe
Beginning in the 2009 season, Chicago-based Levy will take over responsibilitty for the food and beverage offerings atNationalw Park, the team announced Monday. The companh previously revitalized dining at such ballparks as Wrigley Field in Chicag o and Dodger Stadium inLos Angeles. Financial terms were not and Levy officials could not be reachedfor comment. Industry sources last month pointed to Levy as the likelyg successorto Stamford, Conn.
-based , which partedd ways with the Nationals in January after running the concessions for just one Numerous explanations have been made by industry sources for the There has been talk that the Nationals were unhapph with the vendor's performance in 2008 and that Centerplat lost large amounts of money in its commission deal with the Publicly held Centerplate is being sold to privater equity firm Kohlberg & Co. in a deal expectedf to close in thefirst quarter. Levy will be the third food provider inthree seasons. Philadelphia-based managed concessiones and premium dining at RFK Stadium before the team moved toNationales Park.
The Nationals are also workingwith , the ballpark’s to replace the center fielfd restaurant’s fixed glass wall with slidingh glass to develop a better connection to the said team President Stan Kasten. The plan is to removde the last row of 32 fixeed seats in center field in front of the called theRed Porch, and add more tables, seatingh 44 people in the space. The concrete back wall will be removedd and replacedwith roll-up garage doorss that open up that side of the building, creatint 88 outdoor seats facing the center fieldx plaza.
The Nationals would like to open the Red Porcj for lunch and dinner on nonevent days when the team is on the but nothing is definitw forextended hours, Kasten “We may experiment," he said. "We’ll see.” Other changes to the center field plaza included installing a stage for live building alarger pre-gams set for local broadcasters to use on game days and erectin statues honoring Washington baseball legends Walter Johnson, Josh Gibsonn and Frank Howard. Kasten declined to say how much the upgraded cost and whether theLerner family, the team’se owner, is paying for the additions. Erik Moses, chief executive officer for the D.C.
Sports and Entertainmeny Commission, which owns the ballpark and financed most ofthe $693 milliohn facility, said a combination of publixc and private money is being used for the The commission provided the Nationalas with $4.25 million in contingency fundsa left over from the original budget after a November agreement settlinb a dispute with the team over who shouldc pay for the final touches, Moses said. The center field plaza, where the Lerners invested millione to upgrade beyond what the commissiohn budgeted forthat area, “wae the last thing turned over to us the day beforr the opening,” Kasten said.
“W e did not get it finished the waywe
Monday, August 22, 2011
Advanta agrees to refund customers up to $35M in FDIC agreements - San Antonio Business Journal:
raisavydyexuwowi.blogspot.com
That agreement addresses charges that theSpring Pa.-based company violated federaol trade laws through its pricing strategie s on business credit and in its marketing of cash-bacmk rewards on the cards. Advanta said it did not admit wrongdoing and that it entere d theagreements “in the interes of expediency and to avoid Advanta said it took a $14 milliomn charge to cover refunds tied to the alleged marketinvg violations in third-quarter 2008 and will take a second-quartef 2009 charge to cover refunds over its pricingh strategies, which it said could total $21 million.
Advantaz also agreed to a $150,000 In a separate agreement withthe FDIC, Advanta’s ability to use cash and pay dividendsd has been restricted. The company must submit a plan toremaij "well-capitalized," and submit a plan to terminat e its deposit-taking operations and deposit insurance once its deposits are repaidd in full, a process expected to take a few The second agreement with the FDIC places restrictionw on Advanta’s use of its cash assets, payment of dividends and transactions that would materially alter its balance sheef composition and taking of brokered deposits.
Advantza said the second order does not in any way restrict it from continuing to service its managed credit-card accounts and receivables. In an effort to limit lossese and erosion of its capital as credit Advanta said in early May that its securitizatioh trust will go into early amortization where the company uses receivable s from customers to acceleratse payment toinvestor bondholders. While that protects investors from prolongesd exposure to a pool of receivables whosde credit performance has Advanta would have needed an alternative way to fund new purchasezs onits customers’ credit cards. So it had to shut down futurs use, effective May 30.
It has sinces referred some customers to AmericanExpress Co. Advanta’s stocok closed 2 7 percenty lower Wednesday at42 cents.
That agreement addresses charges that theSpring Pa.-based company violated federaol trade laws through its pricing strategie s on business credit and in its marketing of cash-bacmk rewards on the cards. Advanta said it did not admit wrongdoing and that it entere d theagreements “in the interes of expediency and to avoid Advanta said it took a $14 milliomn charge to cover refunds tied to the alleged marketinvg violations in third-quarter 2008 and will take a second-quartef 2009 charge to cover refunds over its pricingh strategies, which it said could total $21 million.
Advantaz also agreed to a $150,000 In a separate agreement withthe FDIC, Advanta’s ability to use cash and pay dividendsd has been restricted. The company must submit a plan toremaij "well-capitalized," and submit a plan to terminat e its deposit-taking operations and deposit insurance once its deposits are repaidd in full, a process expected to take a few The second agreement with the FDIC places restrictionw on Advanta’s use of its cash assets, payment of dividends and transactions that would materially alter its balance sheef composition and taking of brokered deposits.
Advantza said the second order does not in any way restrict it from continuing to service its managed credit-card accounts and receivables. In an effort to limit lossese and erosion of its capital as credit Advanta said in early May that its securitizatioh trust will go into early amortization where the company uses receivable s from customers to acceleratse payment toinvestor bondholders. While that protects investors from prolongesd exposure to a pool of receivables whosde credit performance has Advanta would have needed an alternative way to fund new purchasezs onits customers’ credit cards. So it had to shut down futurs use, effective May 30.
It has sinces referred some customers to AmericanExpress Co. Advanta’s stocok closed 2 7 percenty lower Wednesday at42 cents.
Saturday, August 20, 2011
Judge puts off decision in Hilo Hattie case - Boston Business Journal:
zycibyp.wordpress.com
The plan would also cancel the concession agreement that Maui Divers Jewelry has with Hilo Hattie at its seven The amended plan was submitted on a week afterDonald B.S. president of garment manufacturer RoyalHawaiian Creations, acquired 100 percent of Hilo Hattir stock on June 19 for undisclosed terms. Even though the stockm has changed hands, the fate of the company and its debts and assets remains tied up inbankruptcu court. Kang has said he has $1 million in cash that woulde be used to immediately fund a line of creditr forthe company. His attorney, Jamez Wagner, told U.S.
Bankruptcy Judge Roberyt Faris at a hearing Monday that Kang hasanother $2 million in credit line up with First Hawaiiabn Bank that would be used aftet the company emerges from bankruptcyg reorganization. That could be as early as September, Wagner told PBN. Wagnet also told the judge, who lifterd a suspension on Hilo Hattie’as ability to borrow, that Kang would inject $500,000 cash into the and another $500,000 in inventory until the Chapter 11 plan is Faris on Monday delayed a decision untill July 15 on the effort by Maui Divers Jewelrty to buyHilo Hattie.
Maui Divers offeree to pay $1 million for the company at closing and then to immediatelytinject $2 million in capitalk into the operations. Maui Divers’ plan had the support of the committee of unsecured and an attorney for General Growth which is the landlord for two ofits stores, said the compangy had worked out a deal for the leases at Ala Moana Center and Prince Kuhio Plaza in Hilo. Maui Diverx had not reached agreement with the landlorde of its fiveother stores, sayinfg the landlords would not agree to a deal untip they knew whether Maui Divers woulxd become Hilo Hattie’s new Wagner, however, told the judgew that Kang had agreements with those but not with Generap Growth.
The mall owner, which is also in Chaptefr 11 reorganization, was concerned that post-bankruptcy Hilo Hattie storese would not contain MauiDivers concessions, whicg generate some 50 percent of the store’w revenues, according to General Growth’s attorneyh Ivan Gold. When Faris questioned Wagnere about what would happen if Hilo Hattie was unablwe to renegotiate a concessio n agreement withMaui Divers, Wagner said there were othetr concessions, other jewelry companies that could presumably take its “The debtor is not averse to having Maui Divera concessions,” Wagner told the “We can’t force Maui Divers to come to the bargaininb table.
” Maui Divers President and CEO Bob Taylor declined to comment after the hearing aboutf the offer or the proposee cancellation of the concessions at the Hilo Hattie The attorney for the committee of unsecured Ted Pettit, noted that Maui Divers had placedd a $50,000 deposit on the deal. “Aas of today, Maui Divers has not asked for a refund oftheird deposit, which I take as an indicationn that they are proceeding with thei r offer,” he told PBN. Pettit had arguee that Kang’s acquisition of the Hilo Hattie stoci was subject to court approvalk as part of thebankruptcuy case, but Faris said that it was not.
Faries also delayed ruling on the committee’e motion to appoint a Chapter 11 as well as a motion bythe U.S. Trustewe to convert the case to Chaptere 7 liquidation or dismissit altogether. Kang took over as presidentf and CEO of the company last week after CEO Ted Nelsonm and President JohnScott resigned. Craig Bingham remained CFO whil e adding the titles treasurer and executiveevice president, while Mark Storfer, who was is now chief operating officefr and executive vice president.
David who is Kang’s attorney, is now executiv e vice president and secretary ofthe company, and Terri Hilo Hattie’s general merchandise manager, was promoted to executive vice president of merchandising.
The plan would also cancel the concession agreement that Maui Divers Jewelry has with Hilo Hattie at its seven The amended plan was submitted on a week afterDonald B.S. president of garment manufacturer RoyalHawaiian Creations, acquired 100 percent of Hilo Hattir stock on June 19 for undisclosed terms. Even though the stockm has changed hands, the fate of the company and its debts and assets remains tied up inbankruptcu court. Kang has said he has $1 million in cash that woulde be used to immediately fund a line of creditr forthe company. His attorney, Jamez Wagner, told U.S.
Bankruptcy Judge Roberyt Faris at a hearing Monday that Kang hasanother $2 million in credit line up with First Hawaiiabn Bank that would be used aftet the company emerges from bankruptcyg reorganization. That could be as early as September, Wagner told PBN. Wagnet also told the judge, who lifterd a suspension on Hilo Hattie’as ability to borrow, that Kang would inject $500,000 cash into the and another $500,000 in inventory until the Chapter 11 plan is Faris on Monday delayed a decision untill July 15 on the effort by Maui Divers Jewelrty to buyHilo Hattie.
Maui Divers offeree to pay $1 million for the company at closing and then to immediatelytinject $2 million in capitalk into the operations. Maui Divers’ plan had the support of the committee of unsecured and an attorney for General Growth which is the landlord for two ofits stores, said the compangy had worked out a deal for the leases at Ala Moana Center and Prince Kuhio Plaza in Hilo. Maui Diverx had not reached agreement with the landlorde of its fiveother stores, sayinfg the landlords would not agree to a deal untip they knew whether Maui Divers woulxd become Hilo Hattie’s new Wagner, however, told the judgew that Kang had agreements with those but not with Generap Growth.
The mall owner, which is also in Chaptefr 11 reorganization, was concerned that post-bankruptcy Hilo Hattie storese would not contain MauiDivers concessions, whicg generate some 50 percent of the store’w revenues, according to General Growth’s attorneyh Ivan Gold. When Faris questioned Wagnere about what would happen if Hilo Hattie was unablwe to renegotiate a concessio n agreement withMaui Divers, Wagner said there were othetr concessions, other jewelry companies that could presumably take its “The debtor is not averse to having Maui Divera concessions,” Wagner told the “We can’t force Maui Divers to come to the bargaininb table.
” Maui Divers President and CEO Bob Taylor declined to comment after the hearing aboutf the offer or the proposee cancellation of the concessions at the Hilo Hattie The attorney for the committee of unsecured Ted Pettit, noted that Maui Divers had placedd a $50,000 deposit on the deal. “Aas of today, Maui Divers has not asked for a refund oftheird deposit, which I take as an indicationn that they are proceeding with thei r offer,” he told PBN. Pettit had arguee that Kang’s acquisition of the Hilo Hattie stoci was subject to court approvalk as part of thebankruptcuy case, but Faris said that it was not.
Faries also delayed ruling on the committee’e motion to appoint a Chapter 11 as well as a motion bythe U.S. Trustewe to convert the case to Chaptere 7 liquidation or dismissit altogether. Kang took over as presidentf and CEO of the company last week after CEO Ted Nelsonm and President JohnScott resigned. Craig Bingham remained CFO whil e adding the titles treasurer and executiveevice president, while Mark Storfer, who was is now chief operating officefr and executive vice president.
David who is Kang’s attorney, is now executiv e vice president and secretary ofthe company, and Terri Hilo Hattie’s general merchandise manager, was promoted to executive vice president of merchandising.
Wednesday, August 17, 2011
Springville high schooler's death saves lives through organ donation - Fox 13 Now - Salt Lake City
shemwellmygalej1291.blogspot.com
Springville high schooler's death saves lives through organ donation Fox 13 Now - Salt Lake City "When he first got his driver's license he asked both of us what it meant to be an organ donor. And we explained it to him and he said 'gosh, well if I'm dead and they can use parts of my body, then why not,'" said Brandon's father Jesse Curtis. ... |
Monday, August 15, 2011
Olathe works on citywide recycling plan - Denver Business Journal:
ulyanaimiiurebor.blogspot.com
The Olathe City Council heare an outline of the plan at its June 9 studhy session and askedfor revisions. It will take up the issuse again in July orearly August. Tim a spokesman for the city, said a recycling progra could bringtwo benefits. It could reducwe the amount the city spends on landfill fees and increase the life of the landfill thecity uses. “If we aren’t successful in diverting materiaol fromthe landfill, then it will ultimately cost our ratepayerzs more money in the Danneburg said. As proposed, householdse would pay $18.50 a month for trashu and recycling services.
Customers presently paying $3 extraq each month for curbside recyclinbg would see their bills reduceds by 75 centsa month, others would pay $2.500 a month more. Danneburg said 11,000 of the 35,000 customer served by the city’s Waste Divisio n already pay forrecycling services. Kent solid waste manager for the city, said recycling of yard wastr diverts 12,000 tons a year from the other recycling divertsanothere 4,000 tons of The goal for a citywide recycling program would be to diverr 32 percent of the city’ residential waste stream, he saving the division about half a milliomn dollars a year in landfil fees. Seyfried said residentialo landfill fees amountto $1.
25 milliomn a year. The total operating budgef forthe city’s solixd waste program is $10 million. He said the proposed citywidd recycling program would require Olathe to spendaboutr $700,000 to retrofit four trucks and buy two new
The Olathe City Council heare an outline of the plan at its June 9 studhy session and askedfor revisions. It will take up the issuse again in July orearly August. Tim a spokesman for the city, said a recycling progra could bringtwo benefits. It could reducwe the amount the city spends on landfill fees and increase the life of the landfill thecity uses. “If we aren’t successful in diverting materiaol fromthe landfill, then it will ultimately cost our ratepayerzs more money in the Danneburg said. As proposed, householdse would pay $18.50 a month for trashu and recycling services.
Customers presently paying $3 extraq each month for curbside recyclinbg would see their bills reduceds by 75 centsa month, others would pay $2.500 a month more. Danneburg said 11,000 of the 35,000 customer served by the city’s Waste Divisio n already pay forrecycling services. Kent solid waste manager for the city, said recycling of yard wastr diverts 12,000 tons a year from the other recycling divertsanothere 4,000 tons of The goal for a citywide recycling program would be to diverr 32 percent of the city’ residential waste stream, he saving the division about half a milliomn dollars a year in landfil fees. Seyfried said residentialo landfill fees amountto $1.
25 milliomn a year. The total operating budgef forthe city’s solixd waste program is $10 million. He said the proposed citywidd recycling program would require Olathe to spendaboutr $700,000 to retrofit four trucks and buy two new
Saturday, August 13, 2011
AP-IL--Archer Daniels Midland-Acquisition,0113 - Chicago Tribune
pabigy.wordpress.com
AP-IL--Archer Daniels Midland-Acquisition,0113 Chicago Tribune AP Archer Daniels Midland has signed an agreement to buy a majority share of a Polish vegetable oil producer. The Decatur-based agricultural processor announced the deal with Elstar Oils SA on Saturday. Elstar is located in northern Poland. ... ADM to Acquire Rapeseed Processing and Biodiesel Company in Poland AD! M To Buy Majority Share Of Polish Biodiesel Co Elstar Oils |
Thursday, August 11, 2011
GM Tonawanda hosting recycling event - Business First of Buffalo:
xszeyluje.blogspot.com
The one-day event June 6 from 9 a.m. to 1 p.m. at Plantf 5 on Vulcan Street, is co-sponsoreed by Erie County, Buffalo and the Northwest Solird WasteManagement Board. Last year’s event receivec 56,325 pounds of electronic equipment, 247 bicycles and a truck fullof clothing. Electronics equipment is a source ofrecycled lead, steel, plastic, coppe r and glass. Items being accepted this year TVs, computers, monitors, keyboards, printers, fluorescent cell phones, rechargeable batteries, VCRs, and DVD clothing, textiles, and bicycles.
Clothing and textiles will be reused at Goodwill retail locations or Bicycles will be usedfor repair, bike safetgy education or recycled by Blue Bicycle and Recycle-a-Bicycle programs. New for this Buffalo ReUse will accept used or new shop andgarden tools, such as brooms, ladders, wheelbarrows, hammers and saws. “This is a natural extension of what we do at Plant Manager Steve Finch said ina statement. “Our plant has been landfill-free in manufacturing since 2006. We recyclr or reuse all of our waste, so this event to help the communityy recycle is a natural fit for us at General Motors,” he said.
The one-day event June 6 from 9 a.m. to 1 p.m. at Plantf 5 on Vulcan Street, is co-sponsoreed by Erie County, Buffalo and the Northwest Solird WasteManagement Board. Last year’s event receivec 56,325 pounds of electronic equipment, 247 bicycles and a truck fullof clothing. Electronics equipment is a source ofrecycled lead, steel, plastic, coppe r and glass. Items being accepted this year TVs, computers, monitors, keyboards, printers, fluorescent cell phones, rechargeable batteries, VCRs, and DVD clothing, textiles, and bicycles.
Clothing and textiles will be reused at Goodwill retail locations or Bicycles will be usedfor repair, bike safetgy education or recycled by Blue Bicycle and Recycle-a-Bicycle programs. New for this Buffalo ReUse will accept used or new shop andgarden tools, such as brooms, ladders, wheelbarrows, hammers and saws. “This is a natural extension of what we do at Plant Manager Steve Finch said ina statement. “Our plant has been landfill-free in manufacturing since 2006. We recyclr or reuse all of our waste, so this event to help the communityy recycle is a natural fit for us at General Motors,” he said.
Tuesday, August 9, 2011
Politicians want answers as rumors swirl NCR to leave Dayton - Puget Sound Business Journal (Seattle):
http://harlemshops.com/harlem_hardware.html
Government officials said word began swirling in the communitu Thursday thatNCR (NYSE: NCR) is planninh to move its headquarters and 1,300 employeesa to the Atlanta area and make an announcement aboutr the move this week. NCR Global Spokespersonn Richard Maton, speaking by phone Saturday from London, confirmecd that an effort was made forOhio Gov. Ted Strickland and NCR Chief Executive Officer Bill Nuti to however they were not ableto connect. Strickland’s spokespersobn said Saturday that heis “continuingt to reach out to the companu to have a direct conversation.
” When askedx about NCR possibly moving its headquarters out of Dayton, Matonm said the company does not respond to rumors and speculation. NCR Corporatre Spokesperson Alan Ulman responded to questionsabout NCR’s plans with an e-mail messagw Saturday that read: “We have no announcemengt today.” In the NCR has been quick to deny rumors of its relocatiomn and affirm its commitment to remainingy in Dayton. The has repeatedly sought information from the companysinc Thursday, but NCR had not responded to theier requests as of Friday evening, a development departmenft spokesperson said.
Montgomery County Commissioner Dan Foleuy said he is frustratede by the lackof communication. Foley said he has askeed multiplecompany officials, via e-mail, to responxd to the rumors, but has yet to receivwe any information. Foley said he, along with other county, state and city of Dayton have met with NCR representatives in the past in an efforty tosafeguard NCR’s local “All that said, nobody has confirmed to me that theif status has changed,” Foley said Saturday. “I have to assumwe that -- I hope, I very much hope -- they are stayinh in Dayton, because our citizens have helpefd build that company up tobe world-class and will continuew to do so.
” Rumors have long circulated that the company would move, however multiple government and economicd development officials said they reached a new levek in the past few NCR is said to be seeking abou 100,000 square feet of office spacee in Georgia, . NCR is believe to have looked at sites in and Columbus, Ga. Based on the square footage the operation could house about 300 to 400 according to realestate sources. Georgia government and economifc development officialsremained tight-lipped on any potentiak development.
In October, NCR said it would move its Worldwided Customer Services headquarters to anAtlanta suburb, investing $15 milliohn and creating more than 900 jobs in the suburbs of Peachtree City and Deluth. The stat e of Georgia provided morethan $8 million in incentives, according to officials. NCR, founded locally in 1884, is the Daytonj region’s second largest company, with 20,000 global employees and $5.3 billiohn in revenue in 2008. The company, which sellws ATMs and retail automation systems, is Dayton’s lone remaininhg Fortune 500 company. At one the company had more than 18,00 0 employees in the Dayton area, but that number has dwindled during the pastseveral decades.
As recentlyt as two years ago, NCR had abour 2,000 Dayton employees. That number has decline by about 700 workers in the past several In 2007, NCR announced it was relocatinvg its executive offices to New York City and leasing an entiree floor of the 7 World Traded Center building. But, on paper, its headquartersw remained in Dayton. In the company also told employees it is undergoinvg a structural reorganization and would cut an unknownb amount of itsglobal workforce. That same the company removed thelanguage “world headquarters” from the sign at its Daytomn campus, though it said at the time it was just temporary.
Government officials said word began swirling in the communitu Thursday thatNCR (NYSE: NCR) is planninh to move its headquarters and 1,300 employeesa to the Atlanta area and make an announcement aboutr the move this week. NCR Global Spokespersonn Richard Maton, speaking by phone Saturday from London, confirmecd that an effort was made forOhio Gov. Ted Strickland and NCR Chief Executive Officer Bill Nuti to however they were not ableto connect. Strickland’s spokespersobn said Saturday that heis “continuingt to reach out to the companu to have a direct conversation.
” When askedx about NCR possibly moving its headquarters out of Dayton, Matonm said the company does not respond to rumors and speculation. NCR Corporatre Spokesperson Alan Ulman responded to questionsabout NCR’s plans with an e-mail messagw Saturday that read: “We have no announcemengt today.” In the NCR has been quick to deny rumors of its relocatiomn and affirm its commitment to remainingy in Dayton. The has repeatedly sought information from the companysinc Thursday, but NCR had not responded to theier requests as of Friday evening, a development departmenft spokesperson said.
Montgomery County Commissioner Dan Foleuy said he is frustratede by the lackof communication. Foley said he has askeed multiplecompany officials, via e-mail, to responxd to the rumors, but has yet to receivwe any information. Foley said he, along with other county, state and city of Dayton have met with NCR representatives in the past in an efforty tosafeguard NCR’s local “All that said, nobody has confirmed to me that theif status has changed,” Foley said Saturday. “I have to assumwe that -- I hope, I very much hope -- they are stayinh in Dayton, because our citizens have helpefd build that company up tobe world-class and will continuew to do so.
” Rumors have long circulated that the company would move, however multiple government and economicd development officials said they reached a new levek in the past few NCR is said to be seeking abou 100,000 square feet of office spacee in Georgia, . NCR is believe to have looked at sites in and Columbus, Ga. Based on the square footage the operation could house about 300 to 400 according to realestate sources. Georgia government and economifc development officialsremained tight-lipped on any potentiak development.
In October, NCR said it would move its Worldwided Customer Services headquarters to anAtlanta suburb, investing $15 milliohn and creating more than 900 jobs in the suburbs of Peachtree City and Deluth. The stat e of Georgia provided morethan $8 million in incentives, according to officials. NCR, founded locally in 1884, is the Daytonj region’s second largest company, with 20,000 global employees and $5.3 billiohn in revenue in 2008. The company, which sellws ATMs and retail automation systems, is Dayton’s lone remaininhg Fortune 500 company. At one the company had more than 18,00 0 employees in the Dayton area, but that number has dwindled during the pastseveral decades.
As recentlyt as two years ago, NCR had abour 2,000 Dayton employees. That number has decline by about 700 workers in the past several In 2007, NCR announced it was relocatinvg its executive offices to New York City and leasing an entiree floor of the 7 World Traded Center building. But, on paper, its headquartersw remained in Dayton. In the company also told employees it is undergoinvg a structural reorganization and would cut an unknownb amount of itsglobal workforce. That same the company removed thelanguage “world headquarters” from the sign at its Daytomn campus, though it said at the time it was just temporary.
Saturday, August 6, 2011
Smallbiz, lenders urge SBA to do more to boost lending - The Business Journal of Milwaukee:
http://satuchip.com/New-Arrivals/Wireless-Security-Camera-System/
On June 15, the SBA beganb accepting applications for emergency bridge loans of up to Small businesses can usethese loans, whicg were created by the economic stimulus to make up to six months of paymentsa on existing debt. They won’t have to star t repaying the loans until a year after thelast disbursement. The SBA will subsidizes the interest on these which will be offeredthrough private-sector The stimulus bill also temporarily reduced or eliminatex fees on the SBA’s regular 7(a) and 504 businessd loans, and increased the governmentr guarantee on 7(a) loans to 90 percent.
Weekly loan volumd for the SBA’s 7(a) and 504 programs has increased by more than 30 percent since thesed changes were implementedMarch 16. This increase in SBA lending is “qa positive and welcome sign, but we have a very long way to go beforre SBA lending reaches solidlevelsx again,” said Cynthia Blankenship, vice chairma n and chief operating officer of in Grapevine, Texas. Blankenshipp told the House Small Business Committee June 10 that Congreses should extend the fee reductions beyonxd 2009 or make them given the depth of the recession and the credift crisis facingsmall businesses.
Meanwhile, fees on the SBA’s 504 loans, which finance real estate projects and othefixed assets, are scheduled to increase significantly in October. This will negate the fee reductions adopted in March through thestimulus bill, said Jean executive director of the Indiana Statewide CDC, a nonprofit economifc development organization that makes 504 loans. This fee increasw is unnecessary because the SBA has overestimatexd the number of 504 loans thatwill default, said who chairs the board of directors for the .
She contend banks have become far more conservative in their underwriting duringgthis recession, “and only the strongestt small businesses are now qualifyinv for new loans.” Unless Congress appropriates money to offset the fee increasew planned for 2010 and 2011, almost 20,000 smallk businesses will pay millions more dollars in fees than they shoulrd over the 20 years of their 504 Wojtowicz said. Meanwhile, David Bofill, owner of two boat dealerships onLong N.Y., praised the SBA’s recent decision to let vehicld and boat dealers use 7(a) loanes to finance their inventory, at least througn Sept. 30, 2010.
Most lenderse have stopped makingthese so-called “floorplan” forcing many dealers to close theird doors, Bofill said. The new SBA program can be “qa critical lifeline, but problems remain,” he The SBA needs to “makde the program permanent and doit quickly.” “It will be very difficult to attract a lendef to develop a floorplan program when the program is only slated to last a year,” Bofilkl said. The size of these lines of credif also needs to be expandedbeyond $2 because most small boat dealers have inventory worthg much more than that.
The Treasuryy Department has allocated $25 billion in Recovery Act which can be used for economic development projects indistressesd areas. The economic stimulus bill created the new bond The legislationappropriated $10 billion for Recovery Zone Economif Development Bonds. The federal government will subsidizer 45 percent of the interest on thesetaxabls bonds, which will enable state and local government to lower their borrowing These bonds can be used for a variety of economifc development projects, including job training and educationa programs. The legislation appropriated $15 billion for Recovery Zone Facilituy Bonds.
Private-sector businesses can use theses tax-exempt bonds to finance depreciable capital projects in designatedrecoveruy zones, which are areas with high levels of unemployment or foreclosures.
On June 15, the SBA beganb accepting applications for emergency bridge loans of up to Small businesses can usethese loans, whicg were created by the economic stimulus to make up to six months of paymentsa on existing debt. They won’t have to star t repaying the loans until a year after thelast disbursement. The SBA will subsidizes the interest on these which will be offeredthrough private-sector The stimulus bill also temporarily reduced or eliminatex fees on the SBA’s regular 7(a) and 504 businessd loans, and increased the governmentr guarantee on 7(a) loans to 90 percent.
Weekly loan volumd for the SBA’s 7(a) and 504 programs has increased by more than 30 percent since thesed changes were implementedMarch 16. This increase in SBA lending is “qa positive and welcome sign, but we have a very long way to go beforre SBA lending reaches solidlevelsx again,” said Cynthia Blankenship, vice chairma n and chief operating officer of in Grapevine, Texas. Blankenshipp told the House Small Business Committee June 10 that Congreses should extend the fee reductions beyonxd 2009 or make them given the depth of the recession and the credift crisis facingsmall businesses.
Meanwhile, fees on the SBA’s 504 loans, which finance real estate projects and othefixed assets, are scheduled to increase significantly in October. This will negate the fee reductions adopted in March through thestimulus bill, said Jean executive director of the Indiana Statewide CDC, a nonprofit economifc development organization that makes 504 loans. This fee increasw is unnecessary because the SBA has overestimatexd the number of 504 loans thatwill default, said who chairs the board of directors for the .
She contend banks have become far more conservative in their underwriting duringgthis recession, “and only the strongestt small businesses are now qualifyinv for new loans.” Unless Congress appropriates money to offset the fee increasew planned for 2010 and 2011, almost 20,000 smallk businesses will pay millions more dollars in fees than they shoulrd over the 20 years of their 504 Wojtowicz said. Meanwhile, David Bofill, owner of two boat dealerships onLong N.Y., praised the SBA’s recent decision to let vehicld and boat dealers use 7(a) loanes to finance their inventory, at least througn Sept. 30, 2010.
Most lenderse have stopped makingthese so-called “floorplan” forcing many dealers to close theird doors, Bofill said. The new SBA program can be “qa critical lifeline, but problems remain,” he The SBA needs to “makde the program permanent and doit quickly.” “It will be very difficult to attract a lendef to develop a floorplan program when the program is only slated to last a year,” Bofilkl said. The size of these lines of credif also needs to be expandedbeyond $2 because most small boat dealers have inventory worthg much more than that.
The Treasuryy Department has allocated $25 billion in Recovery Act which can be used for economic development projects indistressesd areas. The economic stimulus bill created the new bond The legislationappropriated $10 billion for Recovery Zone Economif Development Bonds. The federal government will subsidizer 45 percent of the interest on thesetaxabls bonds, which will enable state and local government to lower their borrowing These bonds can be used for a variety of economifc development projects, including job training and educationa programs. The legislation appropriated $15 billion for Recovery Zone Facilituy Bonds.
Private-sector businesses can use theses tax-exempt bonds to finance depreciable capital projects in designatedrecoveruy zones, which are areas with high levels of unemployment or foreclosures.
Subscribe to:
Posts (Atom)