http://eastcountyaction.org/2009/03/13/electrical-experts-confirm-sdge-installation-fire-danger/
In fact, viewers also probably will find it difficultr to recognizethe show’zs host, sportscaster Joe Buck, who is best knowh for being Fox’s top play-by-play man on baseball and football games. Buck will step out of characte r to present a show that is one part comedyg and onepart interview. “The hiddenh secret of Joe Buck, for thosed of us who have been around him and seen him perfork at the Sports Emmysevery year, is that he has a very dry and unique wit,” said HBO Sports President Ross Greenburg. Buck’s wit firsr attracted Greenburg to giving the sportscastet a shot to replaceBob Costas, who gave up his “Costass Now” show for an on-air role at .
Greenbur g hired two comedy writerws forthe show: Peter who was executive producer for and Jon Glaser, the creator and star of
Saturday, October 30, 2010
Friday, October 29, 2010
U.S. Retirees Weigh In On Mandatory Retirement Age: 85% Just Say "No" - MarketWatch (press release)
http://htmlcoderhelper.com/creating-an-xmlnodexmlelement-in-c-without-an-xmldocument/
U.S. Retirees Weigh In On Mandatory Retirement Age: 85% Just Say "No" MarketWatch (press release) Of the 15% minority who think there should be a mandatory retirement age, 42% say it should be 65; 31% say it should be 70; 21% say it should be 67; ... |
Wednesday, October 27, 2010
Need For Speed Hot Pursuit Demo Walkthrough And Dark Horse Explained - Cinema Blend
aleksanovlsys.blogspot.com
PushSquare.com | Need For Speed Hot Pursuit Demo Walkthrough And Dark Horse Explained Cinema Blend The demo for the Need for Speed Hot Pursuit is currently available on the PSN and Xbox 360, I'm not re » |
Tuesday, October 26, 2010
Sancilio and Co. gets $700,000 in incentives - South Florida Business Journal:
http://en-seo.info/se-positioning/page_3.html
The Town of Jupiter Economic Development Fund and Palm Beachg Gardens each gaveSCI $350,000 according to a press release from the , which helpefd facilitate the incentives. SCI plans to add up to sevenh jobs this year at itsmain office, productionb and warehouse facility in Riviera Beach with the Jupiter loan. The company plans to add approximately 18 jobs at its Palm Beach Gardens research facility by 2010 with the Palm BeacgGardens loan. The BDB estimates the total economic impacyt of the SCI expansion project tobe $14.23 million.
The new jobs will pay 115 perceny of thecounty “Twenty five jobs at that salary in this industrt is very substantial,” said Kelly president and CEO of the Business Developmenyt Board. “We are very concerned about helpint companies in ourbackyard – just as we are concernecd about attracting to new ones to our area,” she Smallridge noted that the circumstances of the loan were somewhaty unique, in that Jupiter gave a loan to a Riviera Beachg enterprise, but added that Palm Beach municipalitie s are starting to thin more regionally in an effort to build the growingh biotech cluster. “This is about the team, it’s abou north county,” she said.
“It’s in Riviera but it still benefits all ofNortuh County.” The Town of Jupiter Economic Development Fund is, in intended to stimulate biotech growth in all of North said Jupiter spokeswoman, Kate Moretto. Jupiter is actually guaranteein gthe $350,000 loan from for 36 Moretto said. Full terms of the loan were not immediately Palm Beach Gardens gave Sancilio adirect $350,000 loan at 4.5 percen interest over 36 months, said Natalie the city’s planning manager. The city chose to go with a loan insteaxd of a grantbecause it’s the right way to promotwe growth in bioscience and it’w a good investment, Wong added.
The Town of Jupiter Economic Development Fund and Palm Beachg Gardens each gaveSCI $350,000 according to a press release from the , which helpefd facilitate the incentives. SCI plans to add up to sevenh jobs this year at itsmain office, productionb and warehouse facility in Riviera Beach with the Jupiter loan. The company plans to add approximately 18 jobs at its Palm Beach Gardens research facility by 2010 with the Palm BeacgGardens loan. The BDB estimates the total economic impacyt of the SCI expansion project tobe $14.23 million.
The new jobs will pay 115 perceny of thecounty “Twenty five jobs at that salary in this industrt is very substantial,” said Kelly president and CEO of the Business Developmenyt Board. “We are very concerned about helpint companies in ourbackyard – just as we are concernecd about attracting to new ones to our area,” she Smallridge noted that the circumstances of the loan were somewhaty unique, in that Jupiter gave a loan to a Riviera Beachg enterprise, but added that Palm Beach municipalitie s are starting to thin more regionally in an effort to build the growingh biotech cluster. “This is about the team, it’s abou north county,” she said.
“It’s in Riviera but it still benefits all ofNortuh County.” The Town of Jupiter Economic Development Fund is, in intended to stimulate biotech growth in all of North said Jupiter spokeswoman, Kate Moretto. Jupiter is actually guaranteein gthe $350,000 loan from for 36 Moretto said. Full terms of the loan were not immediately Palm Beach Gardens gave Sancilio adirect $350,000 loan at 4.5 percen interest over 36 months, said Natalie the city’s planning manager. The city chose to go with a loan insteaxd of a grantbecause it’s the right way to promotwe growth in bioscience and it’w a good investment, Wong added.
Sunday, October 24, 2010
Extended Stay Hotels files for Chapter 11 bankruptcy - St. Louis Business Journal:
http://www.de-warehouse.com/resources.htm
The Spartanburg, S.C.-based company’es filing in New York bankruptcy courtlistef $7.1 billion in assets and $7.6 billion in liabilitiea at the end of 2008. Extendec Stay, whose more than 680 properties are managefd byHVM LLC, has nine locations in the St. Louise area. The company bills itseldf as the largest operatorof mid-priced extended-stay hotels in the The company said its averagw revenue per room dropped about 23 percentf in the first five month of the year compared with the same perioxd of 2008. As a result, it was unable to deal with its debt burdejn with cash flow and is seekinga “comprehensive restructurinvg of the entire capital structure.
” Extended Stay said it pland to run operations followingg the Chapter 11 petition under a lender-approved arrangement using cash collateral. Debtor-in-possession financing won’t be needed, the company Extended Stay hasabout 9,900 employees in 44
The Spartanburg, S.C.-based company’es filing in New York bankruptcy courtlistef $7.1 billion in assets and $7.6 billion in liabilitiea at the end of 2008. Extendec Stay, whose more than 680 properties are managefd byHVM LLC, has nine locations in the St. Louise area. The company bills itseldf as the largest operatorof mid-priced extended-stay hotels in the The company said its averagw revenue per room dropped about 23 percentf in the first five month of the year compared with the same perioxd of 2008. As a result, it was unable to deal with its debt burdejn with cash flow and is seekinga “comprehensive restructurinvg of the entire capital structure.
” Extended Stay said it pland to run operations followingg the Chapter 11 petition under a lender-approved arrangement using cash collateral. Debtor-in-possession financing won’t be needed, the company Extended Stay hasabout 9,900 employees in 44
Saturday, October 23, 2010
Holland & Hart singled out for praise in gloomy big-law appraisal - Minneapolis / St. Paul Business Journal:
http://bkkcars.com/ru/car/40
Beck noted the recent suicide ofa laid-ofcf lawyer at at Atlanta-base d firm, and the fact that more than 2,8009 lawyers have been let go from at leastr 62 of the nation's 200 largest firmsa during the economic downturn. "It'd time for lawyers at big firms to reassess their prioritieand values," she wrote. "Yoj just can't keep going like The law profession, Beck said, is "fillex with bright, likable people, but too many seem unhappy, or or so stressed that they're miserable.
" But "of the law firm I’ve covered," Beck added, "the one that has strucl me as havingthe happiest, most well-roundef lawyers and has been consistently delightful to deal is Holland & Hart." The Denver-based firm, she wrote, is "q blip on The Am Law 200 -- a 385-lawye r firm with revenue of $180 millionb that operates in flyover territory: Denver, Jackson Hole, Boise, Salt Lake City, and the A New York partner might mistake their profits per partner, $385,000, for the cost of redecoratinhg her East Hampton summer "Holland & Hart lawyers put in an honest day's work, but leavee time to ski, and hike, and fish, and enjouy life outside their offices," she said.
"And they genuinely seem to likeeach They've never demoted a partner to nonequity never merged with a big firm to improvse their 'platform,' never boosted their partner-associatew ratio beyond 1:1, and never laid off associates for economic The piece came in for commengt Friday . "Lawyers at Denver’s Holland & Hart can’f be happy all the time," wrote Ashby Jones. "They lose cases, work weekends and engage in mind-numbinglg awful discovery disputes, just like lawyers at othert firms. "That said, we nearly signed up to take the Coloradko bar exam after readingSusan Beck’s piece.
"
Beck noted the recent suicide ofa laid-ofcf lawyer at at Atlanta-base d firm, and the fact that more than 2,8009 lawyers have been let go from at leastr 62 of the nation's 200 largest firmsa during the economic downturn. "It'd time for lawyers at big firms to reassess their prioritieand values," she wrote. "Yoj just can't keep going like The law profession, Beck said, is "fillex with bright, likable people, but too many seem unhappy, or or so stressed that they're miserable.
" But "of the law firm I’ve covered," Beck added, "the one that has strucl me as havingthe happiest, most well-roundef lawyers and has been consistently delightful to deal is Holland & Hart." The Denver-based firm, she wrote, is "q blip on The Am Law 200 -- a 385-lawye r firm with revenue of $180 millionb that operates in flyover territory: Denver, Jackson Hole, Boise, Salt Lake City, and the A New York partner might mistake their profits per partner, $385,000, for the cost of redecoratinhg her East Hampton summer "Holland & Hart lawyers put in an honest day's work, but leavee time to ski, and hike, and fish, and enjouy life outside their offices," she said.
"And they genuinely seem to likeeach They've never demoted a partner to nonequity never merged with a big firm to improvse their 'platform,' never boosted their partner-associatew ratio beyond 1:1, and never laid off associates for economic The piece came in for commengt Friday . "Lawyers at Denver’s Holland & Hart can’f be happy all the time," wrote Ashby Jones. "They lose cases, work weekends and engage in mind-numbinglg awful discovery disputes, just like lawyers at othert firms. "That said, we nearly signed up to take the Coloradko bar exam after readingSusan Beck’s piece.
"
Thursday, October 21, 2010
Flowers Foods, Inc. Company Profile | FLO Company Information
http://www.coopermarcus.com/facebook-shows-way-more-ad-clicks-than-google-analytics?replytocom=7
Flowers Foods was founded in 1919 whentwo brothers--William Howar d and Joseph Hampton Flowers--opened Flowers Baking Compant in Thomasville, Ga. Flowers' operating strategy from the beginning was to invest in technologicallyadvanced bakeries, to offer excellent baked foodsa products, to build strong brands, to provide extraordinary servics to customers, to offer a workplace that fosters a team spirit, to develop innovations to improve the business, and to grow through strategid acquisitions. In the early Flowers focused its attention on the fresbbakery business, growing through strategic acquisitions of bakeriea in the Southeast.
In 1968, Flowerz Baking Company went public, became Flowers Industries, and began tradinyg over-the-counter stock. Less than a year later, Flowers listerd on the AmericanStock Exchange. In 1982, the companyy listed on the New York Stock Exchange under thesymbo FLO. In the mid-1990s, Flowerds Industries transformed itself from a strongh regional baker into a national baked foods companhy with the acquisition of KeeblerFoods Company, one of the largest cookid and cracker companies in the United States, and Mrs. the country's top-selling frozen pie By 1999, Flowers Industries had becomsa $4.
2 billion national baked foods company with three businesas units--Flowers Bakeries, a super-regionap fresh baked foods company; Mrs. Smith'es Bakeries, a national frozen baked foods company; and Keeblerd Foods. ...
Flowers Foods was founded in 1919 whentwo brothers--William Howar d and Joseph Hampton Flowers--opened Flowers Baking Compant in Thomasville, Ga. Flowers' operating strategy from the beginning was to invest in technologicallyadvanced bakeries, to offer excellent baked foodsa products, to build strong brands, to provide extraordinary servics to customers, to offer a workplace that fosters a team spirit, to develop innovations to improve the business, and to grow through strategid acquisitions. In the early Flowers focused its attention on the fresbbakery business, growing through strategic acquisitions of bakeriea in the Southeast.
In 1968, Flowerz Baking Company went public, became Flowers Industries, and began tradinyg over-the-counter stock. Less than a year later, Flowers listerd on the AmericanStock Exchange. In 1982, the companyy listed on the New York Stock Exchange under thesymbo FLO. In the mid-1990s, Flowerds Industries transformed itself from a strongh regional baker into a national baked foods companhy with the acquisition of KeeblerFoods Company, one of the largest cookid and cracker companies in the United States, and Mrs. the country's top-selling frozen pie By 1999, Flowers Industries had becomsa $4.
2 billion national baked foods company with three businesas units--Flowers Bakeries, a super-regionap fresh baked foods company; Mrs. Smith'es Bakeries, a national frozen baked foods company; and Keeblerd Foods. ...
Wednesday, October 20, 2010
NUNLEY v. BOWERSOX - Leagle.com
http://giftadvices.com/Watches/Watches-clearance-1182.html
Kansas City Star | NUNLEY v. BOWERSOX Leagle.com On October 18, 2010, the district court 1 granted Roderick Nunley's motion to stay execution pending the resolution of his habeas case because "there is an ... US high court refuses to lift stay of execution Nation's Highest Court Upholds Missouri Execution Stay Supreme Court Ruling Postpones Nunley Execution |
Monday, October 18, 2010
Convention center to host record-setting sit-down dinner - Washington Business Journal:
http://humanrooms.com/what-we-do/about-tim-cole
It’s for Chicago-based and Howard University-founderd Alpha Kappa Alpha sorority, which is meeting at the centee through Friday to celebratre the centennial anniversary ofits founding. The center’s catering partner Centerplate/NBSE will use 300,000 dinintg utensils, 3.5 miles of linen table cloths and sevenm miles of pink and greenh napkins forthe event. The center’sz catering operation has solicited assistance from wait staff throughout the East and Stamford, Conn.-based Centerplate’s network of chefx and convention center professionals has loaned personnel and equipmen from New York, Denver and Dallas to assist.
“Ihn addition to the regular catering staff, Centerplate/NBSdE will bring in an additional300 chefs, 46 65 captains, 32 distribution assistantss and 1,200 waiters,” said Gregory Washington Convention Center Authority’s chieft executive officer and general manager, whose staff has spenrt several months preparing for the sorority’s arrival. Should the 2.3 million-square-foo center reach capacity, the Grand Hyatt located at 1000H St. NW is preparedc to accommodate an overflow of upto 3,000 The sorority’s celebration drew about 35,00p attendees, who were projected to pump about $100 million into D.C.
’zs economy during their week-long
It’s for Chicago-based and Howard University-founderd Alpha Kappa Alpha sorority, which is meeting at the centee through Friday to celebratre the centennial anniversary ofits founding. The center’s catering partner Centerplate/NBSE will use 300,000 dinintg utensils, 3.5 miles of linen table cloths and sevenm miles of pink and greenh napkins forthe event. The center’sz catering operation has solicited assistance from wait staff throughout the East and Stamford, Conn.-based Centerplate’s network of chefx and convention center professionals has loaned personnel and equipmen from New York, Denver and Dallas to assist.
“Ihn addition to the regular catering staff, Centerplate/NBSdE will bring in an additional300 chefs, 46 65 captains, 32 distribution assistantss and 1,200 waiters,” said Gregory Washington Convention Center Authority’s chieft executive officer and general manager, whose staff has spenrt several months preparing for the sorority’s arrival. Should the 2.3 million-square-foo center reach capacity, the Grand Hyatt located at 1000H St. NW is preparedc to accommodate an overflow of upto 3,000 The sorority’s celebration drew about 35,00p attendees, who were projected to pump about $100 million into D.C.
’zs economy during their week-long
Sunday, October 17, 2010
Crosby, Penguins overpower Flyers - Philadelphia Inquirer
ramsburgsyuheo1544.blogspot.com
Kansas City Star | Crosby, Penguins overpower Flyers Philadelphia Inquirer The Flyers had survived shorthanded situations in this young season, but on Saturday night, the Pittsburgh Penguins, and especi » |
Friday, October 15, 2010
Networking firms in Silicon Valley see stimulus potential in their customers - Silicon Valley / San Jose Business Journal:
judonebolayb1394.blogspot.com
billion in stimulus money the federal government plans to spend to improve broadband access is viewed asa “wai t and see” situation for Silico n Valley networking companies. As in, whilw waiting for the government’s rules on how and wherr the money canbe used, they are seeing what their customers need for projects backed by the stimulux spending. Giants such as are vying for chunksd ofthe funding, but even the valley’s smalleer “arms dealers” (as one wit put it) are determining how to help customersx apply for the potentially lucrative grantws — because if those customers get grant they will need equipment. Of the the U.S.
Commerce Department’s National Telecommunications and Information Administration willdistributes $4.7 billion to build broadbansd infrastructure in underserved areas, deliver broadband to public safeth agencies and stimulate demand through training and education. The remaining $2.5 billion will be governed by the Rural Utilitiez Service underthe U.S. Department of Agriculture for rural broadband The final rules governing the broadband provisions are expectes to be released in Companies say it could be the end of June beforre the two agencies administering the moneyu will start takinggrant applications. It could be Decembeer before the money is readyto go.
Or the finalizatiob of the rules and the noticse of funds becoming available couldhappen “In the end, this is about creating so the more jobs you’re able to creates with your proposal, the more support you’re likely to said Rich Wonders, executive vice president at Paris-based . “Yoju need to lay out your advocacy plan and stargt gathering support atthe local, stater and federal level.” Cisco is working on aspectas of the stimulus package for governmentf and private-sector customers includinbg broadband deployment and information technology for healthu care.
“The ultimate impactr on Cisco will depend on how thoser customers access and implement programs funded with stimulus spokeswoman Jennifer Greeson JuniperNetworks Inc. is working to get severalk product lines added to the list of vendor equipment approved by the RuralUtilities Service. Public sector marketing manager Don Root said that becausw much of the stimulus funding is aimecat smaller, rural providers, many Juniper customers already have loca expertise in applying for and Juniper is helping as needed. Wonders said it’se hard for Alcatel-Lucent to determine how responses to the governmenr should look because the parametersremainj undefined.
“I won’t pretend we’ve figured it out. The bill is not just lookingb to give consumers access to faster broadband so they candownload YouTube,” Wondera said, “but to connect patientz to doctors and students to and the list goes on and on.” Alcatel’ds IP routing division is based in Mountain and it has the No. 2 market share behind Cisco inIP “edgr routing,” which optimizes routes and load distribution betweeb networks. There’s a notion that even a basicc presence of broadband makes anarea served, but Wonderz said a person doesn’t have to drivew very far from San Jose or San Francisco to find areaws that are underserved.
Alcatel has presented 11 customert workshops and disseminated information to morethan 10,00 customers on broadband stimulu in the past two months, and it is helping customer draft grant applications. When the rules are the company will post them on a Web site aimede atrural broadband, broadband4all.com/alu. Covad Communications the San Jose-based broadband servicde company, is examining two aspects of the stimulus targeting smalland medium-size businessed across the country to upgrade theirf connectivity speeds at lower prices, and looking at underserved arease to offer higher bandwidth at lower prices. But whether Covad will apply for the grantzs remains tobe seen.
“We are activeluy evaluating whether to It comes down to economics because the broadbandstimulus … often involves some matching funds. We’re seeinbg if we can raiser the capital to do our part ofthe investment, and then pay for the operationapl cost,” said Jason Wakefield, Covad’s vice presidentr of governmental and external affairs. “We need to make sure the busines casesupports it.” Like many of his networkinfg cohorts, Tom Gallatin, founder and managing partner of data access switch maker Gigamon LLC, said his company probably won’t apply directly for any stimulus money. But Gigamoj stands to benefit when its customers applygfor grants.
Those customers includ e service providers VerizonCommunications Inc., AT&T Inc. and Sprinyt Nextel Corp. as well as cable companies ComcastCablde Co., Cox Communications Inc. and Chartere Communications Inc. “I compare the stimulus packag to (President Dwight D.) Eisenhower’s Interstate Highway package inthe 1950s,” Gallatin “It stimulated business ... and now we’re doin g the same thing electronically.
”
billion in stimulus money the federal government plans to spend to improve broadband access is viewed asa “wai t and see” situation for Silico n Valley networking companies. As in, whilw waiting for the government’s rules on how and wherr the money canbe used, they are seeing what their customers need for projects backed by the stimulux spending. Giants such as are vying for chunksd ofthe funding, but even the valley’s smalleer “arms dealers” (as one wit put it) are determining how to help customersx apply for the potentially lucrative grantws — because if those customers get grant they will need equipment. Of the the U.S.
Commerce Department’s National Telecommunications and Information Administration willdistributes $4.7 billion to build broadbansd infrastructure in underserved areas, deliver broadband to public safeth agencies and stimulate demand through training and education. The remaining $2.5 billion will be governed by the Rural Utilitiez Service underthe U.S. Department of Agriculture for rural broadband The final rules governing the broadband provisions are expectes to be released in Companies say it could be the end of June beforre the two agencies administering the moneyu will start takinggrant applications. It could be Decembeer before the money is readyto go.
Or the finalizatiob of the rules and the noticse of funds becoming available couldhappen “In the end, this is about creating so the more jobs you’re able to creates with your proposal, the more support you’re likely to said Rich Wonders, executive vice president at Paris-based . “Yoju need to lay out your advocacy plan and stargt gathering support atthe local, stater and federal level.” Cisco is working on aspectas of the stimulus package for governmentf and private-sector customers includinbg broadband deployment and information technology for healthu care.
“The ultimate impactr on Cisco will depend on how thoser customers access and implement programs funded with stimulus spokeswoman Jennifer Greeson JuniperNetworks Inc. is working to get severalk product lines added to the list of vendor equipment approved by the RuralUtilities Service. Public sector marketing manager Don Root said that becausw much of the stimulus funding is aimecat smaller, rural providers, many Juniper customers already have loca expertise in applying for and Juniper is helping as needed. Wonders said it’se hard for Alcatel-Lucent to determine how responses to the governmenr should look because the parametersremainj undefined.
“I won’t pretend we’ve figured it out. The bill is not just lookingb to give consumers access to faster broadband so they candownload YouTube,” Wondera said, “but to connect patientz to doctors and students to and the list goes on and on.” Alcatel’ds IP routing division is based in Mountain and it has the No. 2 market share behind Cisco inIP “edgr routing,” which optimizes routes and load distribution betweeb networks. There’s a notion that even a basicc presence of broadband makes anarea served, but Wonderz said a person doesn’t have to drivew very far from San Jose or San Francisco to find areaws that are underserved.
Alcatel has presented 11 customert workshops and disseminated information to morethan 10,00 customers on broadband stimulu in the past two months, and it is helping customer draft grant applications. When the rules are the company will post them on a Web site aimede atrural broadband, broadband4all.com/alu. Covad Communications the San Jose-based broadband servicde company, is examining two aspects of the stimulus targeting smalland medium-size businessed across the country to upgrade theirf connectivity speeds at lower prices, and looking at underserved arease to offer higher bandwidth at lower prices. But whether Covad will apply for the grantzs remains tobe seen.
“We are activeluy evaluating whether to It comes down to economics because the broadbandstimulus … often involves some matching funds. We’re seeinbg if we can raiser the capital to do our part ofthe investment, and then pay for the operationapl cost,” said Jason Wakefield, Covad’s vice presidentr of governmental and external affairs. “We need to make sure the busines casesupports it.” Like many of his networkinfg cohorts, Tom Gallatin, founder and managing partner of data access switch maker Gigamon LLC, said his company probably won’t apply directly for any stimulus money. But Gigamoj stands to benefit when its customers applygfor grants.
Those customers includ e service providers VerizonCommunications Inc., AT&T Inc. and Sprinyt Nextel Corp. as well as cable companies ComcastCablde Co., Cox Communications Inc. and Chartere Communications Inc. “I compare the stimulus packag to (President Dwight D.) Eisenhower’s Interstate Highway package inthe 1950s,” Gallatin “It stimulated business ... and now we’re doin g the same thing electronically.
”
Thursday, October 14, 2010
CIRCA INC. Affirms No Affiliation with CIRCA Auctions - Kansas City Star
lyubomiradete.blogspot.com
CIRCA INC. Affirms No Affiliation with CIRCA Auctions Kansas City Star /PRNewswire/ -- CIRCA INC., the leading global buyer of jewelry from the public, stated today that it has no affiliation with CIRCA Auctions. ... Circa Vows Legal Action Against Similarly Named Site |
Tuesday, October 12, 2010
Universities chase stimulus cash for shovel-ready projects - Philadelphia Business Journal:
efimtsovavadan.blogspot.com
The tens of millions of dollarss in grant proposals are targeting funding streams flowinf down through the American Recovery andReinvestmenrt Act’s shovel-ready initiatives. Universities faced with consecutives years of funding cuts are angling to usethe shovel-readyu cash to catch up on much-needede facility upgrades, build classrooms to handle the influx of students in need of re-traininv or tackle big capital projects aimed at bolstering academics and The approach is twofold at , which has seen its studeny population surge by 12 percent in the past two due in part to rising unemployment.
The collegse is seeking $45 million to buildx additional classroom capacity on its three main campuses as well as to enhancee vocational training facilitiesin high-demand occupations, according to Elly Drotzer, director of the office of grants development. The college wants the cash, among other to build out its and the Maroonee Automotive Program in Miramar to emphasize curriculum on maintainingb and repairing emerging green energyh and hybrid systems in boatsand cars.
It also wantx to expand classrooms foraviation training, including a facilitty to train a new generation of air traffic controllers, whichb are expected to be in high demands in a few yearsa to replace a wave of retiring controllers, Drotzert said. “These are all shovel ready,” she “We have a history of training in technical trades an now we are looking to be responsive to providinhg curriculum in this new emerging industry ofgreen technology.” The ’d 18-member stimulus working group meets regularly to discuss opportunities and set a coursw to capture as much of the federall cash as possible.
So far, the schooll has more than 400 proposals seekinh in excessof $350 millioj in funding. “We saw this as a very significant opportunitg for the university and to do something for the saidRichard Bookman, vice provostg of research at UM. Among the projects on the school’z shovel-ready wish list is a new $45 seawatee research center at UM’s Rosenstiel School of Marinw and Atmospheric Science onVirginia Key, he The university is seeking $15 million from the and $15 million from the to help build the center, which will stud sea creatures as well as the physicsw of waves on structures.
UM is also is submittin proposals fora $15 million to $20 millioj addition to a sciencde building at its Coral Gables campus and a multi-story researcj building at its medical school. has science, green technology and culinary training onits shovel-ready submissiom list. The school is requestingt help fundinga $22.7 million hospitalityy management center to house a culinary arts school as well as $40 milliom for an extensive renovation and upgrade to decades-olds facilities at its north campus and $1.2 millioj for an and Technology. But by most accountsd competition for stimulus funds willbe fierce.
And specifix funding priorities from federakl and state allocatorsbeyond short-termj projects that would create jobs quickl y remains unclear, said Camille Coley, assistant VP and interim directo r of sponsored research at . “They are not tellingh us what they arelooking for,” she But FAU is seeking $4.5 millioj to help build out water reuse infrastructure at its newlyt opened, gold level Leadership in Energy and and platinum levelo engineering building, slated to open in 2010. The university also is seekinf federal stimulus funds to create a road connectoe system at its main campus off Glades Road in Boca Raton andadditional parking.
It also wanta funding to put a green roof on its administration While the application process is infull swing, UM’d Bookman doesn’t expect the winnint projects to be announced untilo the fall.
The tens of millions of dollarss in grant proposals are targeting funding streams flowinf down through the American Recovery andReinvestmenrt Act’s shovel-ready initiatives. Universities faced with consecutives years of funding cuts are angling to usethe shovel-readyu cash to catch up on much-needede facility upgrades, build classrooms to handle the influx of students in need of re-traininv or tackle big capital projects aimed at bolstering academics and The approach is twofold at , which has seen its studeny population surge by 12 percent in the past two due in part to rising unemployment.
The collegse is seeking $45 million to buildx additional classroom capacity on its three main campuses as well as to enhancee vocational training facilitiesin high-demand occupations, according to Elly Drotzer, director of the office of grants development. The college wants the cash, among other to build out its and the Maroonee Automotive Program in Miramar to emphasize curriculum on maintainingb and repairing emerging green energyh and hybrid systems in boatsand cars.
It also wantx to expand classrooms foraviation training, including a facilitty to train a new generation of air traffic controllers, whichb are expected to be in high demands in a few yearsa to replace a wave of retiring controllers, Drotzert said. “These are all shovel ready,” she “We have a history of training in technical trades an now we are looking to be responsive to providinhg curriculum in this new emerging industry ofgreen technology.” The ’d 18-member stimulus working group meets regularly to discuss opportunities and set a coursw to capture as much of the federall cash as possible.
So far, the schooll has more than 400 proposals seekinh in excessof $350 millioj in funding. “We saw this as a very significant opportunitg for the university and to do something for the saidRichard Bookman, vice provostg of research at UM. Among the projects on the school’z shovel-ready wish list is a new $45 seawatee research center at UM’s Rosenstiel School of Marinw and Atmospheric Science onVirginia Key, he The university is seeking $15 million from the and $15 million from the to help build the center, which will stud sea creatures as well as the physicsw of waves on structures.
UM is also is submittin proposals fora $15 million to $20 millioj addition to a sciencde building at its Coral Gables campus and a multi-story researcj building at its medical school. has science, green technology and culinary training onits shovel-ready submissiom list. The school is requestingt help fundinga $22.7 million hospitalityy management center to house a culinary arts school as well as $40 milliom for an extensive renovation and upgrade to decades-olds facilities at its north campus and $1.2 millioj for an and Technology. But by most accountsd competition for stimulus funds willbe fierce.
And specifix funding priorities from federakl and state allocatorsbeyond short-termj projects that would create jobs quickl y remains unclear, said Camille Coley, assistant VP and interim directo r of sponsored research at . “They are not tellingh us what they arelooking for,” she But FAU is seeking $4.5 millioj to help build out water reuse infrastructure at its newlyt opened, gold level Leadership in Energy and and platinum levelo engineering building, slated to open in 2010. The university also is seekinf federal stimulus funds to create a road connectoe system at its main campus off Glades Road in Boca Raton andadditional parking.
It also wanta funding to put a green roof on its administration While the application process is infull swing, UM’d Bookman doesn’t expect the winnint projects to be announced untilo the fall.
Monday, October 11, 2010
Unfinished business '07 - Washington Business Journal:
http://talksmartphones.com/?attachment_id=249
After a series of layoffws since it was bought byin 2001, AOL announcex in the clincher in September -- it would move its headquarters from Dullesd to New York. The Big Apple is where its parent TimeWarnetr reigns, and it's the epicenter of the advertising At the time, the company insisted the only changd for the 4,000 employees on the Dulles campus would be the seniorf management team trekking north in the But a month later, the mediaa giant said it would cut 2,000 including 750 employees in Northern Virginia by the end of the as part of its shiftingb strategy.
The proof was in the earnings: AOL continued to lose subscriberxs through the year and its revenud continuedto plummet, a trend that upset Time Warnet investors looking for returns. All of the free CDs AOL sent to homes over the years to get them to signon didn'ft pay off: AOL was forced to alter its focus to generate money through The strategy was also reflected throughu the four advertising companiess AOL bought in 2007: Quigo, Third Screeh Media, and Tacoda. AOL firsr set up its regional operations with an offic e in Tysons Corner 20 years ago and expanded to the sprawlinv Dulles campusin 1996.
AOL was boughr by Time Warner inJanuary 2001, which left AOL with sweepingg layoffs and the campus with less Dimensions Healthcare System found itself in the same financialo straits as it was at the dawn of 2007: with littl cash to spare and its hat extendedc to state legislators in the hopes of some budgetaruy generosity. The Prince George's County hospital chain must repeat its stepas nearly a year after apotential state-county $329 million funding plan dissolved in wee-hour divisiveness on April 9, the finalp day of the Maryland General Assemblh session.
After debates and appealds lasting into the earlyg morning ofApril 10, the Prince George's Count y Council gave an ironclad thumbs down to the seven-year plan becauser it felt the county shouldered more of the financial burdejn with less long-term payoff. The as a result, took on total financial burden alone, througnh June 2008 at But even that plan hit delays as the counth called for a Dimensionsboard shakeup, the system retaliatedd with a $14 million lawsuit and the countyt retaliated with various appeals. The system's annuall fall elections ultimately forcedd the management change that county leadersalong desired.
One dropped lawsuit later, the countyh began routing money once again in Novembee to thetroubled system, as state legislators once again hunkered down to arriv at a long-term funding plan. The approach Mayoer Adrian Fenty has taken to dealsw he inherited from the previous administration andits semi-private development corporations, the NCRC and AWC, is Get 'em done. Except for Poplar Point, that is. Whild Fenty put his back into deals-in-progress for a new convention centef hotel, the Southwest Waterfront and the return of Radio One tothe city, he did the opposite with Poplarf Point, opting to end negotiations with , owner s of soccer franchise , and open the projecgt to bidding.
That may well resultt in a better deal for thecity -- it has bids from four developmenf teams to consider -- but there could be collaterao damage. Shots from Marion Barry, D-Ward 8, angrh that economic development seems to be moving forward everywhere except east of theAnacostiaq River, has hurt Fenty's imagee there. And MacFarlane, if it can'tt reach a deal to build on has threatened to moveto Maryland. Stay tuned. used to be one of the fastest-growinv companies in Washington, and now it's quickly fading. The Lanham-basex broadcast company that focuseson African-American and urbanj listeners exited several markets in 2007, including Georgia and Minnesota.
In August, Chieg Financial Officer Scott Royster announcede he would stepdown Dec. 31 after 11 yearzs with the company to pursue othercareer opportunities. The company has not announced a replacement. Citinv what it called a "challenging radio industrty environment," Radio One struggleds to generate revenue as itsprofits dropped. In its third-quarter earnings, Radiio One reported net incomeof $4.8 million, down 40 percenrt from $8 million in the same quartefr a year ago. Revenue for that quarter was $90.4 million, down 1.7 percent from a year ago. In October, Radi o One agreed to sell its Miami radio station tofor $12.
2 million and its five Georgia radio statione to in August for $3.1 million. The companty also sold its Minneapolisstation KTTB-FMM to Northern Lights Broadcastingf for $28 million and 10 stations in Ohio, and Louisville, Ky., to for $76 In a twist and despit its unpromising financials, Radio One agreex to acquire WPRS-FM in Washington from in April for $38 The deal is expected to close in the first quarter 2008.
In April, a group of investors agreeed to buy studentlender $25 Analysts hailed the deal as a win both for Reston-based Sallise Mae and the buyout group, led by privatee equity firms by LLC and , alont with financial services giants and But that seemingly rosy courtshi never panned out. Two thingss in particular caused the Sallie Mae buyout to a credit crunch that broughy debt markets to a halt over the and new federal legislation that cuts subsidies to student lenders such asSallie Mae.
These two factors cause the buyout group to rethink its proposak for the company formally known asIn October, the buyouf group sent a revised offer to Salliw Mae's board, an offer that some analystas who cover Sallie Mae say amountedr to an insult. Sallie Mae wouldn't accept the new insisting that the original deal go Whenthat didn't happen, Sallie Mae fileds a lawsuit against the buyout group, claimintg that a material adverse effect had not and that the Reston company coul d terminate the transaction and collect damages of $900 million. A tria is set for July 2008.
In December, Sallir Mae said that it had held discussions with representativea of the buyout group to resolvde the dispute between the Sallie Mae said that the buyout group has indicatedr that it is unwilling to pursue submitting a new proposapl to buy thestudent lender. Sallie Mae said that its boardc remains committed to protecting the rights of its shareholders and will pursuw allavailable recourse, including the company's existing lawsuit against the buyout group. Sallie Mae said that it has indications of interest from 10 financial institutions for new secured fundiny in excessof $30 billion. It's not until ...
$4 billion Metrorail expansionwas "It's not over untik it's under." Well, it's over. But it' still not a done deal. Backeras of the Metrorail project are stilp waiting for approval from the Federal Transit Administratiomfor $900 million in funds that will help pay for the In August, federal officials said cost overrunsz and delays were starting to hurt the project'sd feasibility, and they ordered at least $250 millionb in cuts.
Virginia officials responded byidentifyin $306 million in potential reductions to the Metrorai plan, and federal transit representatives spentf the latter part of 2007 reviewing the If the FTA signs off on the money, ground coul be broken in spring 2008. The project was originallty scheduled to have the first phase through Tysonsa finishedin 2012. But that work probablyg won't wrap up until March 2014, according to new Out of tune? Much-touted XM, Sirius merger still underd review One of themost talked-about potential deals of 2007 was the proposesd merger of the nation's two satellite radio companies, D.C.
-basedx and New York-based Technically, Sirius would acquirew XM, though the companies all year long termed the transaction a merger of The companies were hoping to seal their deal by year's end, assuminb approval from the Department of Justicre and the Federal Communications Commission. The and some other groupsd vehemently opposedthe transaction, saying it wouldd lead to a monopoly in the satellite radioo industry. XM and Sirius were granted satellite radio licenseds in 1997 fromthe FCC, on the conditionb that they didn't combine operations.
But the communications sector has drasticallu changed in thepast decade, and officials with XM and Siriuxs argue there is so much competitiobn out there, from iPods to Internetg radio, that a merger of the two companies woulrd not result in a monopoly. Both XM and Sirius continuecd to burn through money as they marketed their services to win new Officials at the two companies said a combinecd firm would be able to offer better prices and more choicesfor consumers. Analysts said throughouft the year that the deal faces anuphilo battle. Many industry observers give the proposex transaction a 50percent shot, at best, of gettingb the green light from federal regulators. D.C.
officialsd are keeping a watchful eye on the because the combined company woulxd likely put its headquarters in New analysts say. XM officials said that no mattedr where the corporate officweends up, XM will maintain a largde presence in Washington. The local spate of biotech buyouts in 2007 may representf an industry pinnacle of successfulexit strategies, but they also robbes the local region of a half-dozen homegrown headquarters. Betweeb April and July, six biotechs from acrosd Maryland, Virginia and the District announced thei intent to sell for acombineds $18.
6 billion to larger companies, five of them based While the largest of them, and , kept a locakl presence, the six folded into companies that hail from either the oppositee coast or one of four foreigjn countries. Counted among the losses are the region'a biggest biotech, a rare profitablse biotech, two even rarer Northerhn Virginia biotechs and perhaps the most a D.C.-based biotech. D.C.'s Hamilton Pharmaceuticals Inc. shut down aftee it sold in a $4.4 millionm stock sale to Australia's Neuren Pharmaceuticals.
Anothed company, , a Reston contract research serviceds company that sold to aSan Francisco-basedx investor for $790 million, is in the final throee of shifting to North Carolina. Lost the plot? Mayor Fentyg learns an early lessonm D.C. has sold or traded lots of land inrecenyt years, dealing it to developers as an incentivde to build tax-generating offices, residences and retail. But if Mayor Adria n Fenty learned anything from his failedf plan to sell off an L Streef NW plot in the WestEnd neighborhood, it'as that the words "public land sale" should not be uttered in haste.
The storm arrived in July via a long line of protesterxs after Fenty convinced the City Council to give developef Anthony Lanier ofEastBanc Inc. a city-owned plot near Foggyt Bottom in exchange for a rebuilgtfire station, neighborhood library and some affordabler housing. Maybe it was the combination of the land sale with the appearance that the city was only interestesd in building new libraries if they could make some money doingbso -- a problem in other parts of town as Or maybe it was Fenty'e speed in getting the deal passed.
In any case, once the charge of a fire sale of publiv assets came to theWilsonn Building, members of the City Councilo (except for Phil Mendelson, D-at who voted "no" in the firsr place) couldn't backtrack quickly The West End deal collapsed, and with it went the easy days of sellint public land. Goodbye Eli Lilly, we hardlh knew ya Eleven days intothe year, suddenly announcex it was pulling out of its $325 million insulin production facility at Prince William County.
The Indianapolis-baseed pharmaceutical company said it was part of a shift in its strategt towardbiotech products, and the fact that it could boosy insulin-production capacity at existing plants to meet The drugmaker returned the $4 million in subsidiez it had received from the county and but that provided little succor to Prince William The arrival of Eli Lill y was a feather in the county's cap and represented a turning of the tides in its efforts to create a technology and life-scienceds corridor within its The county's economic development agency had spent years wooingg Eli Lilly and pulled a major coup when in 2002 it was picked as the site for a 300,000-square-foot facility among dozens of competing sites across the Even back in 2005, the drugmaker had cut back the scalr of the project from a $425 million, 600,000-square-foot facility with 700 employees, to nearly half the size with only 350 Even that was not to be, and Eli Lilly now has splift the 120-acre site into multiple parcels.
Some salve came in late November, when Eli Lilly sold 47 acres of the campusto , a New Jerseu drug development services company that said it will invest $175 build a 410,000-square-foot facility and hire another 100 employees at that property, bringingy its local head count to 450. Providef Covance follows through onits plans, that make s it just another 70-some acres to go.
After a series of layoffws since it was bought byin 2001, AOL announcex in the clincher in September -- it would move its headquarters from Dullesd to New York. The Big Apple is where its parent TimeWarnetr reigns, and it's the epicenter of the advertising At the time, the company insisted the only changd for the 4,000 employees on the Dulles campus would be the seniorf management team trekking north in the But a month later, the mediaa giant said it would cut 2,000 including 750 employees in Northern Virginia by the end of the as part of its shiftingb strategy.
The proof was in the earnings: AOL continued to lose subscriberxs through the year and its revenud continuedto plummet, a trend that upset Time Warnet investors looking for returns. All of the free CDs AOL sent to homes over the years to get them to signon didn'ft pay off: AOL was forced to alter its focus to generate money through The strategy was also reflected throughu the four advertising companiess AOL bought in 2007: Quigo, Third Screeh Media, and Tacoda. AOL firsr set up its regional operations with an offic e in Tysons Corner 20 years ago and expanded to the sprawlinv Dulles campusin 1996.
AOL was boughr by Time Warner inJanuary 2001, which left AOL with sweepingg layoffs and the campus with less Dimensions Healthcare System found itself in the same financialo straits as it was at the dawn of 2007: with littl cash to spare and its hat extendedc to state legislators in the hopes of some budgetaruy generosity. The Prince George's County hospital chain must repeat its stepas nearly a year after apotential state-county $329 million funding plan dissolved in wee-hour divisiveness on April 9, the finalp day of the Maryland General Assemblh session.
After debates and appealds lasting into the earlyg morning ofApril 10, the Prince George's Count y Council gave an ironclad thumbs down to the seven-year plan becauser it felt the county shouldered more of the financial burdejn with less long-term payoff. The as a result, took on total financial burden alone, througnh June 2008 at But even that plan hit delays as the counth called for a Dimensionsboard shakeup, the system retaliatedd with a $14 million lawsuit and the countyt retaliated with various appeals. The system's annuall fall elections ultimately forcedd the management change that county leadersalong desired.
One dropped lawsuit later, the countyh began routing money once again in Novembee to thetroubled system, as state legislators once again hunkered down to arriv at a long-term funding plan. The approach Mayoer Adrian Fenty has taken to dealsw he inherited from the previous administration andits semi-private development corporations, the NCRC and AWC, is Get 'em done. Except for Poplar Point, that is. Whild Fenty put his back into deals-in-progress for a new convention centef hotel, the Southwest Waterfront and the return of Radio One tothe city, he did the opposite with Poplarf Point, opting to end negotiations with , owner s of soccer franchise , and open the projecgt to bidding.
That may well resultt in a better deal for thecity -- it has bids from four developmenf teams to consider -- but there could be collaterao damage. Shots from Marion Barry, D-Ward 8, angrh that economic development seems to be moving forward everywhere except east of theAnacostiaq River, has hurt Fenty's imagee there. And MacFarlane, if it can'tt reach a deal to build on has threatened to moveto Maryland. Stay tuned. used to be one of the fastest-growinv companies in Washington, and now it's quickly fading. The Lanham-basex broadcast company that focuseson African-American and urbanj listeners exited several markets in 2007, including Georgia and Minnesota.
In August, Chieg Financial Officer Scott Royster announcede he would stepdown Dec. 31 after 11 yearzs with the company to pursue othercareer opportunities. The company has not announced a replacement. Citinv what it called a "challenging radio industrty environment," Radio One struggleds to generate revenue as itsprofits dropped. In its third-quarter earnings, Radiio One reported net incomeof $4.8 million, down 40 percenrt from $8 million in the same quartefr a year ago. Revenue for that quarter was $90.4 million, down 1.7 percent from a year ago. In October, Radi o One agreed to sell its Miami radio station tofor $12.
2 million and its five Georgia radio statione to in August for $3.1 million. The companty also sold its Minneapolisstation KTTB-FMM to Northern Lights Broadcastingf for $28 million and 10 stations in Ohio, and Louisville, Ky., to for $76 In a twist and despit its unpromising financials, Radio One agreex to acquire WPRS-FM in Washington from in April for $38 The deal is expected to close in the first quarter 2008.
In April, a group of investors agreeed to buy studentlender $25 Analysts hailed the deal as a win both for Reston-based Sallise Mae and the buyout group, led by privatee equity firms by LLC and , alont with financial services giants and But that seemingly rosy courtshi never panned out. Two thingss in particular caused the Sallie Mae buyout to a credit crunch that broughy debt markets to a halt over the and new federal legislation that cuts subsidies to student lenders such asSallie Mae.
These two factors cause the buyout group to rethink its proposak for the company formally known asIn October, the buyouf group sent a revised offer to Salliw Mae's board, an offer that some analystas who cover Sallie Mae say amountedr to an insult. Sallie Mae wouldn't accept the new insisting that the original deal go Whenthat didn't happen, Sallie Mae fileds a lawsuit against the buyout group, claimintg that a material adverse effect had not and that the Reston company coul d terminate the transaction and collect damages of $900 million. A tria is set for July 2008.
In December, Sallir Mae said that it had held discussions with representativea of the buyout group to resolvde the dispute between the Sallie Mae said that the buyout group has indicatedr that it is unwilling to pursue submitting a new proposapl to buy thestudent lender. Sallie Mae said that its boardc remains committed to protecting the rights of its shareholders and will pursuw allavailable recourse, including the company's existing lawsuit against the buyout group. Sallie Mae said that it has indications of interest from 10 financial institutions for new secured fundiny in excessof $30 billion. It's not until ...
$4 billion Metrorail expansionwas "It's not over untik it's under." Well, it's over. But it' still not a done deal. Backeras of the Metrorail project are stilp waiting for approval from the Federal Transit Administratiomfor $900 million in funds that will help pay for the In August, federal officials said cost overrunsz and delays were starting to hurt the project'sd feasibility, and they ordered at least $250 millionb in cuts.
Virginia officials responded byidentifyin $306 million in potential reductions to the Metrorai plan, and federal transit representatives spentf the latter part of 2007 reviewing the If the FTA signs off on the money, ground coul be broken in spring 2008. The project was originallty scheduled to have the first phase through Tysonsa finishedin 2012. But that work probablyg won't wrap up until March 2014, according to new Out of tune? Much-touted XM, Sirius merger still underd review One of themost talked-about potential deals of 2007 was the proposesd merger of the nation's two satellite radio companies, D.C.
-basedx and New York-based Technically, Sirius would acquirew XM, though the companies all year long termed the transaction a merger of The companies were hoping to seal their deal by year's end, assuminb approval from the Department of Justicre and the Federal Communications Commission. The and some other groupsd vehemently opposedthe transaction, saying it wouldd lead to a monopoly in the satellite radioo industry. XM and Sirius were granted satellite radio licenseds in 1997 fromthe FCC, on the conditionb that they didn't combine operations.
But the communications sector has drasticallu changed in thepast decade, and officials with XM and Siriuxs argue there is so much competitiobn out there, from iPods to Internetg radio, that a merger of the two companies woulrd not result in a monopoly. Both XM and Sirius continuecd to burn through money as they marketed their services to win new Officials at the two companies said a combinecd firm would be able to offer better prices and more choicesfor consumers. Analysts said throughouft the year that the deal faces anuphilo battle. Many industry observers give the proposex transaction a 50percent shot, at best, of gettingb the green light from federal regulators. D.C.
officialsd are keeping a watchful eye on the because the combined company woulxd likely put its headquarters in New analysts say. XM officials said that no mattedr where the corporate officweends up, XM will maintain a largde presence in Washington. The local spate of biotech buyouts in 2007 may representf an industry pinnacle of successfulexit strategies, but they also robbes the local region of a half-dozen homegrown headquarters. Betweeb April and July, six biotechs from acrosd Maryland, Virginia and the District announced thei intent to sell for acombineds $18.
6 billion to larger companies, five of them based While the largest of them, and , kept a locakl presence, the six folded into companies that hail from either the oppositee coast or one of four foreigjn countries. Counted among the losses are the region'a biggest biotech, a rare profitablse biotech, two even rarer Northerhn Virginia biotechs and perhaps the most a D.C.-based biotech. D.C.'s Hamilton Pharmaceuticals Inc. shut down aftee it sold in a $4.4 millionm stock sale to Australia's Neuren Pharmaceuticals.
Anothed company, , a Reston contract research serviceds company that sold to aSan Francisco-basedx investor for $790 million, is in the final throee of shifting to North Carolina. Lost the plot? Mayor Fentyg learns an early lessonm D.C. has sold or traded lots of land inrecenyt years, dealing it to developers as an incentivde to build tax-generating offices, residences and retail. But if Mayor Adria n Fenty learned anything from his failedf plan to sell off an L Streef NW plot in the WestEnd neighborhood, it'as that the words "public land sale" should not be uttered in haste.
The storm arrived in July via a long line of protesterxs after Fenty convinced the City Council to give developef Anthony Lanier ofEastBanc Inc. a city-owned plot near Foggyt Bottom in exchange for a rebuilgtfire station, neighborhood library and some affordabler housing. Maybe it was the combination of the land sale with the appearance that the city was only interestesd in building new libraries if they could make some money doingbso -- a problem in other parts of town as Or maybe it was Fenty'e speed in getting the deal passed.
In any case, once the charge of a fire sale of publiv assets came to theWilsonn Building, members of the City Councilo (except for Phil Mendelson, D-at who voted "no" in the firsr place) couldn't backtrack quickly The West End deal collapsed, and with it went the easy days of sellint public land. Goodbye Eli Lilly, we hardlh knew ya Eleven days intothe year, suddenly announcex it was pulling out of its $325 million insulin production facility at Prince William County.
The Indianapolis-baseed pharmaceutical company said it was part of a shift in its strategt towardbiotech products, and the fact that it could boosy insulin-production capacity at existing plants to meet The drugmaker returned the $4 million in subsidiez it had received from the county and but that provided little succor to Prince William The arrival of Eli Lill y was a feather in the county's cap and represented a turning of the tides in its efforts to create a technology and life-scienceds corridor within its The county's economic development agency had spent years wooingg Eli Lilly and pulled a major coup when in 2002 it was picked as the site for a 300,000-square-foot facility among dozens of competing sites across the Even back in 2005, the drugmaker had cut back the scalr of the project from a $425 million, 600,000-square-foot facility with 700 employees, to nearly half the size with only 350 Even that was not to be, and Eli Lilly now has splift the 120-acre site into multiple parcels.
Some salve came in late November, when Eli Lilly sold 47 acres of the campusto , a New Jerseu drug development services company that said it will invest $175 build a 410,000-square-foot facility and hire another 100 employees at that property, bringingy its local head count to 450. Providef Covance follows through onits plans, that make s it just another 70-some acres to go.
Saturday, October 9, 2010
Albany Medical College receives $1M pledge from trustee - The Business Review (Albany):
ermolayxitpev.blogspot.com
Bender is a longtime member of the boarde of trusteesof , of whicu the college is a part. This is his second $1 milliob dollar gift to the Albany, N.Y. institutioj in less than a decade. The first, in established The Bender Endowed Chairin Neurology. The endowmenft enables the standing chairpersom to delegate funding forresearch initiatives, equipment purchase s and educational outreach to further strengthenm the college’s Department of Neurology. The new gift will continue support of the as well as the Bender FamilyMinority Scholarship. The scholarship was establishef in 1986 to provide financial assistance to minority students and encourage diversityu at themedical college.
During the 2008-09 academiv year, eight students received assistance fromthe fund, and sincwe its establishment, 157 scholarships—totaling $525,000—havw been distributed to 65 students. Bender is the great-grandsoh of the founder of MatthewBender Co., one of the nation’s largest legal publishing firms with over 1,500 employees. The Benderr family sold the company to thein 1963. In 1969, Bende r became vice presidentof , a New York City-based law book “Matt is an extraordinary man, who has done extraordinary things for Albanu Medical Center and our region,” said Jamexs Barba, president and CEO of Albanhy Med.
“His financial generosity to our Medicalo Center can only be matched by his perseverancdeand leadership, which has been very influential in paving the path for success for Albany Med. It comeds as little surprise that Matt has chosen once again to strengthen our endowment and providee a tremendous benefit toour staff, patients and students—ths very core of this institution.”
Bender is a longtime member of the boarde of trusteesof , of whicu the college is a part. This is his second $1 milliob dollar gift to the Albany, N.Y. institutioj in less than a decade. The first, in established The Bender Endowed Chairin Neurology. The endowmenft enables the standing chairpersom to delegate funding forresearch initiatives, equipment purchase s and educational outreach to further strengthenm the college’s Department of Neurology. The new gift will continue support of the as well as the Bender FamilyMinority Scholarship. The scholarship was establishef in 1986 to provide financial assistance to minority students and encourage diversityu at themedical college.
During the 2008-09 academiv year, eight students received assistance fromthe fund, and sincwe its establishment, 157 scholarships—totaling $525,000—havw been distributed to 65 students. Bender is the great-grandsoh of the founder of MatthewBender Co., one of the nation’s largest legal publishing firms with over 1,500 employees. The Benderr family sold the company to thein 1963. In 1969, Bende r became vice presidentof , a New York City-based law book “Matt is an extraordinary man, who has done extraordinary things for Albanu Medical Center and our region,” said Jamexs Barba, president and CEO of Albanhy Med.
“His financial generosity to our Medicalo Center can only be matched by his perseverancdeand leadership, which has been very influential in paving the path for success for Albany Med. It comeds as little surprise that Matt has chosen once again to strengthen our endowment and providee a tremendous benefit toour staff, patients and students—ths very core of this institution.”
Friday, October 8, 2010
First Solar gets 10 MW contract from Australia - Boston Business Journal:
ermolayxitpev.blogspot.com
The Tempe-based company signed an agreement with to supply them with which the Australian company plana to incorporate into itsdevelopment “We are pleased to be workingf with First Solar, one of the leadingh solar companies, and to be entering the solar procuremenrt market,” said Tony Costantino, the company’sd CEO. “This relationship allows us to meet the growing demandsw in renewable energy for our clients and ensured that solar energy is a consideration on every project. We look forward to working togethe r onfuture opportunities.
” First Solaer (Nasdaq: FSLR) has developed a good customerf base in Europe and is working on North Having a place in Australia, whicn has vast land areas to work provides the company another venue to distribute its officials said. “We are pleased they have chosen our technology forthesed projects. Together, we are investing in Australia’as green energy future,” said John the company’s executive vice president of marketinfg andbusiness development.
The Tempe-based company signed an agreement with to supply them with which the Australian company plana to incorporate into itsdevelopment “We are pleased to be workingf with First Solar, one of the leadingh solar companies, and to be entering the solar procuremenrt market,” said Tony Costantino, the company’sd CEO. “This relationship allows us to meet the growing demandsw in renewable energy for our clients and ensured that solar energy is a consideration on every project. We look forward to working togethe r onfuture opportunities.
” First Solaer (Nasdaq: FSLR) has developed a good customerf base in Europe and is working on North Having a place in Australia, whicn has vast land areas to work provides the company another venue to distribute its officials said. “We are pleased they have chosen our technology forthesed projects. Together, we are investing in Australia’as green energy future,” said John the company’s executive vice president of marketinfg andbusiness development.
Wednesday, October 6, 2010
Carter says Streets of Buckhead strong - Atlanta Business Chronicle:
http://www.tyrusflynn.com/main/2009/01/the-chrononauts-parade/
billion Madison Avenue-like development is moving ahead andthat it's even ahead of Carter, speaking by phone from New York on June 17, told Atlantaa Business Chronicle that his mixed-use projecty is well-stocked with funding from real estatr giant CB . and his own Carter, angered by speculation that hisfirm couldn't secure constructio financing, said the concerns were fueled by rumors -- and that he woul deal with them. "We are building this out of our equity," said the founder and chairmanof LLC, developer of the Mall of among other projects across the Southeast. "It is a very toug [retail] market for some, but projects in greagt sites like ours aregettin done.
" The project promiseas to transform the historic Buckheads Village into a ritzy shoppingg and dining mecca. The development has a nearlyt 600,000-square-foot retail and restaurantt component with commitments from luxuryretailers Hermès, AG Adrianop Goldschmied, Bottega Veneta, Borrelli, Domenico Vacca, Etro, Loro Piana, , Opticak Shops of Aspen and Vilebrequin. Contractors are pourinyg concrete for foundations and startiny work on theparking deck, Carter said. Recent speculationn about Carter's project has roiled a real estatew market that is extremely sensitiveto lenders' behavior.
In recen t weeks, some Atlanta developers, architects and constructionn firms gave anecdotal accounts of banks that renegedx on construction financing forcommercial projects. Meanwhile, the housing market'ds crash has slowed retail sales ateveru level, though the luxury niche has been somewhat But, despite the resilience of that retail bracket, if a developef wants financing for a new project, lenders want to see names on the dotted line. Streets of Buckhead is about 50percenrt preleased, with the project's first phase set to open in Novembed 2009. The project would need to be aboug 65 percent leased by the end of the year befor e Carter would need to sayretail brokers.
"It'ss all about having them locked up withno contingency," said Matt of the brokerage firm of Georgia Inc. "I n recent years, lenders were more willingv to accept letters of intent and leases with Not anymore, Winn said. The buzz over Ben Carter's projecy is also being fueled bythe fast-pace d development of Buckhead -- the only part of the city with four new office towers under construction. Another, 3344 was recently completed. Buckhead, with its accessx to MARTA rail and the Georgia 400 and its traditionas Atlanta'es ritziest section, is a safe real estatew bet.
But lenders and investors have raised questions over whetherd Buckhead is on the vergeof
billion Madison Avenue-like development is moving ahead andthat it's even ahead of Carter, speaking by phone from New York on June 17, told Atlantaa Business Chronicle that his mixed-use projecty is well-stocked with funding from real estatr giant CB . and his own Carter, angered by speculation that hisfirm couldn't secure constructio financing, said the concerns were fueled by rumors -- and that he woul deal with them. "We are building this out of our equity," said the founder and chairmanof LLC, developer of the Mall of among other projects across the Southeast. "It is a very toug [retail] market for some, but projects in greagt sites like ours aregettin done.
" The project promiseas to transform the historic Buckheads Village into a ritzy shoppingg and dining mecca. The development has a nearlyt 600,000-square-foot retail and restaurantt component with commitments from luxuryretailers Hermès, AG Adrianop Goldschmied, Bottega Veneta, Borrelli, Domenico Vacca, Etro, Loro Piana, , Opticak Shops of Aspen and Vilebrequin. Contractors are pourinyg concrete for foundations and startiny work on theparking deck, Carter said. Recent speculationn about Carter's project has roiled a real estatew market that is extremely sensitiveto lenders' behavior.
In recen t weeks, some Atlanta developers, architects and constructionn firms gave anecdotal accounts of banks that renegedx on construction financing forcommercial projects. Meanwhile, the housing market'ds crash has slowed retail sales ateveru level, though the luxury niche has been somewhat But, despite the resilience of that retail bracket, if a developef wants financing for a new project, lenders want to see names on the dotted line. Streets of Buckhead is about 50percenrt preleased, with the project's first phase set to open in Novembed 2009. The project would need to be aboug 65 percent leased by the end of the year befor e Carter would need to sayretail brokers.
"It'ss all about having them locked up withno contingency," said Matt of the brokerage firm of Georgia Inc. "I n recent years, lenders were more willingv to accept letters of intent and leases with Not anymore, Winn said. The buzz over Ben Carter's projecy is also being fueled bythe fast-pace d development of Buckhead -- the only part of the city with four new office towers under construction. Another, 3344 was recently completed. Buckhead, with its accessx to MARTA rail and the Georgia 400 and its traditionas Atlanta'es ritziest section, is a safe real estatew bet.
But lenders and investors have raised questions over whetherd Buckhead is on the vergeof
Tuesday, October 5, 2010
Chrysler
http://3rasia.org/content/blogsection/4/55/8/56/
The North Assembly plant, which produces Dodgee Ram trucks, had been by the end of so Chrysler’s announcement Wednesday provided anexact date. The Fenton Northg plant is set to resume production June 29 untillJuly 10, Chrysler said, and then will remai n idled “contingent upon volumes.” The truck segment has taken a particulat hit as auto sales have Dianna Gutierrez, a Chrysler spokeswoman, said workers at the plant will have an opportunitu to transfer to other production sites or take part in an incentived program for early retirement, special earlyy retirement program, and/or an enhancex voluntary termination program.
She didn’ have exact details of the new offet but said it would be similart to previous offers thatincluded lump-sum cash vehicle vouchers and health-care The North Plant employed 1,20o workers prior to recent buyout About 640 the buyout and early retirementf offers by a May 26 deadline. The North Assemblu plant was idled inearly June, but was one of sevej plants where Chrysler production following the idlingh of all its plants when it files for Chapter 11 bankruptcy April 30. Afte its brief reopening, the plant was then expectef to close fora two-week summer breao the weeks of July 13 and 20.
Chrysler emergec from bankruptcy when Italian carmaker Fiat closedx a deal to takeover Chrysler’a assets. Chrysler’s South Plant in Fenton, which assembles was idled at the endof October. Anotherd 115 of its more than 350 workers had accepter offers fromChrysler
The North Assembly plant, which produces Dodgee Ram trucks, had been by the end of so Chrysler’s announcement Wednesday provided anexact date. The Fenton Northg plant is set to resume production June 29 untillJuly 10, Chrysler said, and then will remai n idled “contingent upon volumes.” The truck segment has taken a particulat hit as auto sales have Dianna Gutierrez, a Chrysler spokeswoman, said workers at the plant will have an opportunitu to transfer to other production sites or take part in an incentived program for early retirement, special earlyy retirement program, and/or an enhancex voluntary termination program.
She didn’ have exact details of the new offet but said it would be similart to previous offers thatincluded lump-sum cash vehicle vouchers and health-care The North Plant employed 1,20o workers prior to recent buyout About 640 the buyout and early retirementf offers by a May 26 deadline. The North Assemblu plant was idled inearly June, but was one of sevej plants where Chrysler production following the idlingh of all its plants when it files for Chapter 11 bankruptcy April 30. Afte its brief reopening, the plant was then expectef to close fora two-week summer breao the weeks of July 13 and 20.
Chrysler emergec from bankruptcy when Italian carmaker Fiat closedx a deal to takeover Chrysler’a assets. Chrysler’s South Plant in Fenton, which assembles was idled at the endof October. Anotherd 115 of its more than 350 workers had accepter offers fromChrysler
Sunday, October 3, 2010
Ritz Camera files for bankruptcy - Triangle Business Journal:
zuloraxelewo.blogspot.com
Ritz, the nation's largest camera store runs morethan 1,000 shops under a variett of names in 45 states. The compang has two Ritz Camera locations and 11 stores inthe Raleigh-Durha m area. Other store brands Ritz owns includreKits Cameras, Inkley’s and The Camera Shop. Ritz double its Triangle presence in 2001 when it to buy Wolf Cameraw outof bankrutcy. In Ritz's bankruptcy filing, made late Sunday, the company'sa chief restructuring officer, Marc Weinsweig, says: “Ths loss of revenues and profit marginw from the diminution inthe photo-finishing business prove too much of a coupled with the losses experienced by the Boater’s Worl d business, for Ritz Camera to remai n a profitable company under its current In 1987, Ritz launched Boater’s a boating-and-fishing supply retailert that currently has 137 stores.
A“sharp” drop in saleds at Boater’s World’s triggered by the long rise in fuel pricese and other factors prompted the bankruptcy Weinsweig writes inthe filing. Ritz plans to continuew operating as it seeksto reorganize. Courf papers show the company’s 30 largest unsecuresd creditors without collateral backing their claima are owedabout $65.6 million. The threde biggest creditors listed are: , owed $26.6 , owed $13.7 million; and , owed $8.
4
Ritz, the nation's largest camera store runs morethan 1,000 shops under a variett of names in 45 states. The compang has two Ritz Camera locations and 11 stores inthe Raleigh-Durha m area. Other store brands Ritz owns includreKits Cameras, Inkley’s and The Camera Shop. Ritz double its Triangle presence in 2001 when it to buy Wolf Cameraw outof bankrutcy. In Ritz's bankruptcy filing, made late Sunday, the company'sa chief restructuring officer, Marc Weinsweig, says: “Ths loss of revenues and profit marginw from the diminution inthe photo-finishing business prove too much of a coupled with the losses experienced by the Boater’s Worl d business, for Ritz Camera to remai n a profitable company under its current In 1987, Ritz launched Boater’s a boating-and-fishing supply retailert that currently has 137 stores.
A“sharp” drop in saleds at Boater’s World’s triggered by the long rise in fuel pricese and other factors prompted the bankruptcy Weinsweig writes inthe filing. Ritz plans to continuew operating as it seeksto reorganize. Courf papers show the company’s 30 largest unsecuresd creditors without collateral backing their claima are owedabout $65.6 million. The threde biggest creditors listed are: , owed $26.6 , owed $13.7 million; and , owed $8.
4
Saturday, October 2, 2010
Pop Musician Howie Day to Perform at 1st Annual Kona Concert Series during ... - Xtri.com
tatyanagepoji.blogspot.com
Pop Musician Howie Day to Perform at 1st Annual Kona Concert Series during ... Xtri.com This year, famed solo 'pop' artist Howie Day will break up the customary week activities by performing at the 1st Annual GU Kona Concert Series, ... |
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