shemwellmygalej1291.blogspot.com
The Purchase, N.Y.-based company, which is parent compangy to Plano-based North America, said Monday it has proposed acquirinb the majority interest inand . The proposal, if would allow PepsiCo (NYSE: PEP) to purchase common stock not already owned by thebeverage giant, creating a transactionalk value of $6 billion, with shares of PepsiAmericas PAS) currently valued at $23.27 per share and $29.50 per sharse for The Pepsi Bottling The idea behind the transaction is the fact that the combinexd company would create a fully integratede supply chain business model that would accelerate activity and “Consolidating the bottling businessexs with our franchise company woulr create many benefits,” said PepsiCo chairmahn and CEO Indra Nooyi.
“We could unlock significant cost synergies, improve the speecd of decision-making and increase our strategifc flexibility. We would be able to present a more unifiesd face to our retail and foodservice customers, which would better position us to provide customized solutions, as we do at and to take to a new level our ‘Power of program of bundled food and beveragew offerings.” Overall, PepsiCo says the consolidation will creatde annual pre-tax synergies worth more than $200 million due to the acquisitions'' effect on cost reduction.
Monday, July 30, 2012
Sunday, July 29, 2012
Civic ranked among top 10 cars for college students - Birmingham Business Journal:
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The Richmond, Va.-based used-card retailer partnered with Las Vegas-based Driver's a nonprofit drivers' educationj provider, to recommend the top 10 cars forcollegwe students. The vehicles that made the list were graded onsafeth features, cost, reliability and style, plus their National Highway Trafficv Safety Administration ratings - all received at least four stars. The othe nine cars that made the list were theAudi A4, Dodge Caliber, Hyundai Sonata, Kia Optima, Pontiac G6, Toyotqa Corolla, Volkswagen Jetta, Volkswagen Passat and Volvl S40. The Honda Civic ranker in July asthe second-best seller in the Honds division of Torrance, Calif.
-baseds (NYSE:HMC), selling 27,852 vehicles, down 3 percent from July 2006. Year-to-dats sales of the Civic, however, are up at a 4 percent increase. Marysville-based runs five production and assemblg plants inCentral Ohio, where the company turns out Honda Accord and Civic Element and CR-V sport-utility vehicles, and Acura TL sedanx and RDX SUVs. Honda also operates a 600,000-square-fooft distribution hub in CarMax (NYSE:KMX) runs 80 used-car outlets in 38 with two locationsin Ohio.
The Richmond, Va.-based used-card retailer partnered with Las Vegas-based Driver's a nonprofit drivers' educationj provider, to recommend the top 10 cars forcollegwe students. The vehicles that made the list were graded onsafeth features, cost, reliability and style, plus their National Highway Trafficv Safety Administration ratings - all received at least four stars. The othe nine cars that made the list were theAudi A4, Dodge Caliber, Hyundai Sonata, Kia Optima, Pontiac G6, Toyotqa Corolla, Volkswagen Jetta, Volkswagen Passat and Volvl S40. The Honda Civic ranker in July asthe second-best seller in the Honds division of Torrance, Calif.
-baseds (NYSE:HMC), selling 27,852 vehicles, down 3 percent from July 2006. Year-to-dats sales of the Civic, however, are up at a 4 percent increase. Marysville-based runs five production and assemblg plants inCentral Ohio, where the company turns out Honda Accord and Civic Element and CR-V sport-utility vehicles, and Acura TL sedanx and RDX SUVs. Honda also operates a 600,000-square-fooft distribution hub in CarMax (NYSE:KMX) runs 80 used-car outlets in 38 with two locationsin Ohio.
Saturday, July 28, 2012
Nalley Automotive Group - Atlanta Business Chronicle:
inufyw.blogspot.com
This past March, Nalley purchased Toyotw of Roswell, bringing its total number of area dealershipsto 13. “Wre feel pretty fortunate to be in thepositio we’re in,” says Day. “Again, it’ws about the people. We have the best people in the Forgive Day if he soundslike he’s repeating He is. This is Nalley’s third consecutive appearance asa top-fives finisher in the Best Places to Work large-companyt category. The company’s employees votex it one of Atlanta’s Best Placesa to Work for rankingat No. 2 in the large-employer category. That Nalleyy culture starts withthe customer.
“We get nowhere if we don’yt satisfy the customer,” reminds Day. Making the customerf happy is a whole lot easiedr when there are great people working to make it Whenmaking decisions, Day keeps three questions in mind: Is it good for employees Is it good for customers? And is it good for the company “If it doesn’t benefit all it won’t be a long-term deal,” he notes. When Nalleu took over Toyota of the company did its best to incorporate the new employeesrightt away. “When you’re going through dramatic people like toknow what’s goingh on,” Day says. Employeee responded.
“Since Nalley took over this company, I felt wrote one Nalley Toyotas of Roswell employee for a survey for the Best Placed toWork program. The dealerships expanded thei r hours and are now open seven daysa week. Day met with smalp groups of employees to explain the decision and not everyone was happy about havin to worksome Sundays. He remindec employees that Nalley is in theretail business. Gettinyg buy-in from the company’s 1,400 employees is cruciap to theNalley culture. It’s also crucial to the culture that employeezs stayat Nalley. Turnover bothers Day.
If an employese who has worked at Nalley for more than five years decides to the first place Day looks is inthe mirror. Day himselv has been with Nalley for33 years. He startedd as a service manager for Nalley Motor Trucks and he worked forthe firm’s founder, Clarence V. Nalley. acquired Nalley in 1995. With 2007 sales of $5.9 it is one of the largest automotive retailers in the Not surprisingly, Day believes in promoting from within. The averagwe tenure of the companies’ 50 or so fixedr managers is nearlytwo decades. Employees meet with theid managers regularly, says Day, and talk aboutf the employee’s personal and professionaol goals.
“It’s an exchange of says Day. “It helps the employees see that there is a futur herefor them.” There’s a placse for rookies as The company identifies high-potential candidates through a college recruitment When those candidates exhibitr exceptional leadership skills, they’re put on a fast trac k to a general manager As a Nalley employee noted in a Best Places to Work survey, “I believs this company to be on the right track for futur e success. Its values and commitment to each employeed are some of the reasons I lovethis company.
”
This past March, Nalley purchased Toyotw of Roswell, bringing its total number of area dealershipsto 13. “Wre feel pretty fortunate to be in thepositio we’re in,” says Day. “Again, it’ws about the people. We have the best people in the Forgive Day if he soundslike he’s repeating He is. This is Nalley’s third consecutive appearance asa top-fives finisher in the Best Places to Work large-companyt category. The company’s employees votex it one of Atlanta’s Best Placesa to Work for rankingat No. 2 in the large-employer category. That Nalleyy culture starts withthe customer.
“We get nowhere if we don’yt satisfy the customer,” reminds Day. Making the customerf happy is a whole lot easiedr when there are great people working to make it Whenmaking decisions, Day keeps three questions in mind: Is it good for employees Is it good for customers? And is it good for the company “If it doesn’t benefit all it won’t be a long-term deal,” he notes. When Nalleu took over Toyota of the company did its best to incorporate the new employeesrightt away. “When you’re going through dramatic people like toknow what’s goingh on,” Day says. Employeee responded.
“Since Nalley took over this company, I felt wrote one Nalley Toyotas of Roswell employee for a survey for the Best Placed toWork program. The dealerships expanded thei r hours and are now open seven daysa week. Day met with smalp groups of employees to explain the decision and not everyone was happy about havin to worksome Sundays. He remindec employees that Nalley is in theretail business. Gettinyg buy-in from the company’s 1,400 employees is cruciap to theNalley culture. It’s also crucial to the culture that employeezs stayat Nalley. Turnover bothers Day.
If an employese who has worked at Nalley for more than five years decides to the first place Day looks is inthe mirror. Day himselv has been with Nalley for33 years. He startedd as a service manager for Nalley Motor Trucks and he worked forthe firm’s founder, Clarence V. Nalley. acquired Nalley in 1995. With 2007 sales of $5.9 it is one of the largest automotive retailers in the Not surprisingly, Day believes in promoting from within. The averagwe tenure of the companies’ 50 or so fixedr managers is nearlytwo decades. Employees meet with theid managers regularly, says Day, and talk aboutf the employee’s personal and professionaol goals.
“It’s an exchange of says Day. “It helps the employees see that there is a futur herefor them.” There’s a placse for rookies as The company identifies high-potential candidates through a college recruitment When those candidates exhibitr exceptional leadership skills, they’re put on a fast trac k to a general manager As a Nalley employee noted in a Best Places to Work survey, “I believs this company to be on the right track for futur e success. Its values and commitment to each employeed are some of the reasons I lovethis company.
”
Thursday, July 26, 2012
Augusta Co. repeals gun fingerprint requirement - WSLS
kapitonragomo.blogspot.com
Augusta Co. repeals gun fingerprint requirement WSLS Augusta Co. repeals gun fingerprint requirement. By: | Associated Press Published: July 26, 2012 Updated: July 26, 2012 - 7:04 AM. » Comments | Post a Comment. VERONA, Va. --. VERONA, Va. (AP) Augusta County residents applying for a concealed ... |
Wednesday, July 25, 2012
D.C. projects could lose subsidies to pay for convention hotel - Pacific Business News (Honolulu):
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D.C. Chief Financial Officer Natwar Gandhi met with members ofthe D.C. Council on Monday and discussed the list of projectzwith $704 million in subsidies that have alreadyg been passed and could be diverted to the The list provided by the CFO's office includes the Southwes waterfront, the Arthur Capper/Carrollsburg residential developmenyt on the Capitol Riverfront, the mixed-usee O Street Market in Shaw and sevebn other economic development incentives.
The two council members who oversee committees with direct oversight of theissud — Councilmen Jack Evans, D-Ward 2, and Kwamee Brown, D-At large — have said using subsidies from stalled projects is a strategh they would consider to lower the amounf of new spending required to issuew $750 million in bonds to buildx the $550 million The recession has slowed many projects. The Washingtobn Convention Center Authority andthe city’s hospitalitt industry have been pushing for a headquarters hotelo since construction of the centee started in the late 1990s.
They argue a hoteo is needed to draw large conventions to A 1,167-room Marriott Marquis is planned, but boosters have been unabled to secure private financing to complete the deal. D.C. Council Chairmaj Vincent Gray called the late Mondayu afternoon meeting in his officewith Evans, Brown, Gandh and Washington Convention Center Authority CEO Greg O’Dell. Evansx and Brown have scheduled a June 24 joint heariny onthe matter. As they left the Evans and Brown said they are both committed to gettintgthe long-stalled hotel built, but they are looking for ways to minimize the cost to the city, which is faciny a nearly $1 billionm 2011 budget gap.
Evans said other options being discussed includw trying to attract bank loans by footinf only a portion of the cost or seeking new development partnersw that could build the hotel more quicklhy or for alower price. D.C. has already approved $187 milliob bond package that would fund about 25 percent ofthe hotel, but and have failedr to attract an estimated $300 milliojn in required debt financing.
“The option that I like least is the city financinfg theentire thing,” Evans Gandhi said shortly after the meetint that there has not been discussion abou t usurping the city’s 12 percent debt cap, whicn it created last year in an effory to strengthen its standing on Wall Street and would preventg the city from issuing hundreds of millions of dollars of new bondx for the hotel. He said he is all for a new hote but not if it meanas damagingthe city’s financial position. “We want to make it he said.
“The question is how to make it Southwest waterfront, $198 million; Housing Productionj Trust Fund, $190 million; Great Streets retail priorit area (neighborhood tax increment financing), $75 Capper/Carrollsburg payment-in-lieu-of-taxes, $55 million; O Street Market, $46.5r million; Skyland Shopping Center, $40 The Yards payment-in-lieu-of-taxes, $30 million; Greay Streets, $20 million; Downtown retail priority area, $16.055 million; Fort Lincoln retaiol priority area, $10 million; Arena Stage, $10 million; Rhode Island Place retail priority area, $7.2 and Broadcast Center One, $6.4 The subsidies total $704.
15 Combining some portion of that with the $187 millionn already passed for the hotel coulrd easily add up to the $750 million in bondx O’Dell says is needed for the Chairman Gray declined to comment.
D.C. Chief Financial Officer Natwar Gandhi met with members ofthe D.C. Council on Monday and discussed the list of projectzwith $704 million in subsidies that have alreadyg been passed and could be diverted to the The list provided by the CFO's office includes the Southwes waterfront, the Arthur Capper/Carrollsburg residential developmenyt on the Capitol Riverfront, the mixed-usee O Street Market in Shaw and sevebn other economic development incentives.
The two council members who oversee committees with direct oversight of theissud — Councilmen Jack Evans, D-Ward 2, and Kwamee Brown, D-At large — have said using subsidies from stalled projects is a strategh they would consider to lower the amounf of new spending required to issuew $750 million in bonds to buildx the $550 million The recession has slowed many projects. The Washingtobn Convention Center Authority andthe city’s hospitalitt industry have been pushing for a headquarters hotelo since construction of the centee started in the late 1990s.
They argue a hoteo is needed to draw large conventions to A 1,167-room Marriott Marquis is planned, but boosters have been unabled to secure private financing to complete the deal. D.C. Council Chairmaj Vincent Gray called the late Mondayu afternoon meeting in his officewith Evans, Brown, Gandh and Washington Convention Center Authority CEO Greg O’Dell. Evansx and Brown have scheduled a June 24 joint heariny onthe matter. As they left the Evans and Brown said they are both committed to gettintgthe long-stalled hotel built, but they are looking for ways to minimize the cost to the city, which is faciny a nearly $1 billionm 2011 budget gap.
Evans said other options being discussed includw trying to attract bank loans by footinf only a portion of the cost or seeking new development partnersw that could build the hotel more quicklhy or for alower price. D.C. has already approved $187 milliob bond package that would fund about 25 percent ofthe hotel, but and have failedr to attract an estimated $300 milliojn in required debt financing.
“The option that I like least is the city financinfg theentire thing,” Evans Gandhi said shortly after the meetint that there has not been discussion abou t usurping the city’s 12 percent debt cap, whicn it created last year in an effory to strengthen its standing on Wall Street and would preventg the city from issuing hundreds of millions of dollars of new bondx for the hotel. He said he is all for a new hote but not if it meanas damagingthe city’s financial position. “We want to make it he said.
“The question is how to make it Southwest waterfront, $198 million; Housing Productionj Trust Fund, $190 million; Great Streets retail priorit area (neighborhood tax increment financing), $75 Capper/Carrollsburg payment-in-lieu-of-taxes, $55 million; O Street Market, $46.5r million; Skyland Shopping Center, $40 The Yards payment-in-lieu-of-taxes, $30 million; Greay Streets, $20 million; Downtown retail priority area, $16.055 million; Fort Lincoln retaiol priority area, $10 million; Arena Stage, $10 million; Rhode Island Place retail priority area, $7.2 and Broadcast Center One, $6.4 The subsidies total $704.
15 Combining some portion of that with the $187 millionn already passed for the hotel coulrd easily add up to the $750 million in bondx O’Dell says is needed for the Chairman Gray declined to comment.
Tuesday, July 24, 2012
Washington has third-highest internet use in U.S. - The Business Journal of Milwaukee:
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behind only Alaska and New Hampshire, accordinfg to information released Wednesday bythe U.S. According to the Census, Alaska has the highestg rate ofinternet use, with 76.1 percenyt of its residents havinf access to the internet at any followed by New Hampshire (74.6 percent) and Washington (73.4 percent). Mississippi has the lowest internet-usage rate (51.5 followed by West Virginia (52.9 The national average is 62.4 percenty The Census said that 75.7 percent of Washington residentsa have access to the internet attheir homes, which is thirx again behind New Hampshire and Alaska (78.5) percent, and well aboved the national average of 67.1 percent.
“As access to high-speee connections have become more prevalent, so too have the numbeer of people that connect to the internet at Thom File, a statistician with the Census Bureau'd Housing and Household Economicf Statistics Division, said in a statement Wednesday. internet use strongly correspondsto education. Eighty-seven percent of people 25 and older with acolleger bachelor’s degree used the interneg in 2007, versus 74 percent for thosde with only some college, 49 percent for those with only a high schoolo diploma and 19 percent for those who didn't finishb high school.
Among age groups 73 percent of 18- to 34-year-oldsa use the internet, 56 percent of people 3 to 17, and 35 percent of peoplse 65 and older. Among ethnic groups 73 percent of Asian Americans used the internefin 2007, 69 percent of whites, 51 percentf of blacks and 48 percent of
behind only Alaska and New Hampshire, accordinfg to information released Wednesday bythe U.S. According to the Census, Alaska has the highestg rate ofinternet use, with 76.1 percenyt of its residents havinf access to the internet at any followed by New Hampshire (74.6 percent) and Washington (73.4 percent). Mississippi has the lowest internet-usage rate (51.5 followed by West Virginia (52.9 The national average is 62.4 percenty The Census said that 75.7 percent of Washington residentsa have access to the internet attheir homes, which is thirx again behind New Hampshire and Alaska (78.5) percent, and well aboved the national average of 67.1 percent.
“As access to high-speee connections have become more prevalent, so too have the numbeer of people that connect to the internet at Thom File, a statistician with the Census Bureau'd Housing and Household Economicf Statistics Division, said in a statement Wednesday. internet use strongly correspondsto education. Eighty-seven percent of people 25 and older with acolleger bachelor’s degree used the interneg in 2007, versus 74 percent for thosde with only some college, 49 percent for those with only a high schoolo diploma and 19 percent for those who didn't finishb high school.
Among age groups 73 percent of 18- to 34-year-oldsa use the internet, 56 percent of people 3 to 17, and 35 percent of peoplse 65 and older. Among ethnic groups 73 percent of Asian Americans used the internefin 2007, 69 percent of whites, 51 percentf of blacks and 48 percent of
Sunday, July 22, 2012
Unemployment rate falls in Allegheny, Beaver counties - The Business Journal of the Greater Triad Area:
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and Industry released seasonally adjusted unemployment figuresw forthe state’s counties and metropolitan statisticao areas on Tuesday. In Allegheny the unemployment rate fellfrom 6.6 percent in Marchj to 6.5 percent in April. Beavet County’s went from 8.2 percent in March to 7.9 percengt in April. The improvements in Alleghenty andBeaver counties, however, were not enough to boostg the seven-county Pittsburgh MSA, which saw its seasonally adjustedc unemployment rate increase from 7.2 percenf in March to 7.3 percent in Pennsylvania’s unemployment rate held steady at 7.
8 When making comparisons, the Departmenr of Labor and Industry uses seasonallyy adjusted figures in order to account for cyclical hiring differencews that don’t reflect changes in the overall economy. Employmenyt in the seven-county Pittsburgh area continues to be stronger than manyothed areas. In addition to besting the state by half a percentage unemployment in the Pittsburgh MSAis 1.6 percentage pointas lower than the Uniter States as a whole, which has seasonally adjustef unemployment of 8.9 percent. Here is the breakdowm across the state: State College: 5.7 percent Lebanon: 6.7 percengt Altoona: 7.2 percent Pittsburgh: 7.3 percent Philadelphia: 7.9 percent York-Hanover: 7.
9 percenf Allentown-Bethlehem-Easton: 8.3 percent Erie: 8.4 percent Scranton-Wilkes-Barre: 8.6 percent Johnstown: 8.7 percent Reading: 8.7 percent Within the Pittsburgh MSA, unemploymeny ranged from 6.5 percent in Allegheny County to 9.8 percentt in Armstrong County. Here is the breakdown by Allegheny: 6.5 percent Butler: 7.3 percent 7.6 percent Beaver: 7.9 percent Westmoreland: 8.1 percent 8.9 percent Armstrong: 9.
8 percent
and Industry released seasonally adjusted unemployment figuresw forthe state’s counties and metropolitan statisticao areas on Tuesday. In Allegheny the unemployment rate fellfrom 6.6 percent in Marchj to 6.5 percent in April. Beavet County’s went from 8.2 percent in March to 7.9 percengt in April. The improvements in Alleghenty andBeaver counties, however, were not enough to boostg the seven-county Pittsburgh MSA, which saw its seasonally adjustedc unemployment rate increase from 7.2 percenf in March to 7.3 percent in Pennsylvania’s unemployment rate held steady at 7.
8 When making comparisons, the Departmenr of Labor and Industry uses seasonallyy adjusted figures in order to account for cyclical hiring differencews that don’t reflect changes in the overall economy. Employmenyt in the seven-county Pittsburgh area continues to be stronger than manyothed areas. In addition to besting the state by half a percentage unemployment in the Pittsburgh MSAis 1.6 percentage pointas lower than the Uniter States as a whole, which has seasonally adjustef unemployment of 8.9 percent. Here is the breakdowm across the state: State College: 5.7 percent Lebanon: 6.7 percengt Altoona: 7.2 percent Pittsburgh: 7.3 percent Philadelphia: 7.9 percent York-Hanover: 7.
9 percenf Allentown-Bethlehem-Easton: 8.3 percent Erie: 8.4 percent Scranton-Wilkes-Barre: 8.6 percent Johnstown: 8.7 percent Reading: 8.7 percent Within the Pittsburgh MSA, unemploymeny ranged from 6.5 percent in Allegheny County to 9.8 percentt in Armstrong County. Here is the breakdown by Allegheny: 6.5 percent Butler: 7.3 percent 7.6 percent Beaver: 7.9 percent Westmoreland: 8.1 percent 8.9 percent Armstrong: 9.
8 percent
Saturday, July 21, 2012
SIUE goes to court over failed conference center - Business Courier of Cincinnati:
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Developer William Shaw and couldn’t come up with financing for the hote andconference center, which was to be callecd the Spring Green Lodge and located at Universitgy Park, SIUE’s research and technology according to university spokesman Gregory Conroy. The first announced in 2004, died in 2007 when a grounf lease between SIU and WLS expired following extensiones forthe project. SIUE filed a declaratory judgment action Mondagy inMadison County, Ill., seeking to have the court bringt legal closure to its hotel conference centetr project.
If approved, WLS would have to remove all construction equipment and materials and remove the building foundation it constructedc to comply with the termss ofthe lease, Conroy said. That woulde free up the site, located at Illinois Route 157 and UniversityuPark Drive, to become available for leas and development, the university said. University Park currently has 23 tenants representing a number of business sectors includingagricultural biotechnology, health sciences, design professionals and information The most recent announced addition to the park is the Blood Processint Center and National Testing Laboratory.
The American Red Cross planas to move toa 15-acre site at Universityu Park Drive and South Research Driv e and bring more than 500 jobs to the
Developer William Shaw and couldn’t come up with financing for the hote andconference center, which was to be callecd the Spring Green Lodge and located at Universitgy Park, SIUE’s research and technology according to university spokesman Gregory Conroy. The first announced in 2004, died in 2007 when a grounf lease between SIU and WLS expired following extensiones forthe project. SIUE filed a declaratory judgment action Mondagy inMadison County, Ill., seeking to have the court bringt legal closure to its hotel conference centetr project.
If approved, WLS would have to remove all construction equipment and materials and remove the building foundation it constructedc to comply with the termss ofthe lease, Conroy said. That woulde free up the site, located at Illinois Route 157 and UniversityuPark Drive, to become available for leas and development, the university said. University Park currently has 23 tenants representing a number of business sectors includingagricultural biotechnology, health sciences, design professionals and information The most recent announced addition to the park is the Blood Processint Center and National Testing Laboratory.
The American Red Cross planas to move toa 15-acre site at Universityu Park Drive and South Research Driv e and bring more than 500 jobs to the
Thursday, July 19, 2012
Developer wagers on Cobb's commuter appeal - Atlanta Business Chronicle:
azajir.wordpress.com
The developer seems to be on its way towarxd its goal of establishing the locationm as oneof Atlanta'sx top office submarkets. By it had already deliveredr three buildings tothe mixed-use TownParkl Commons campus. The first building appeared in the second in March oflast year, and the thirf in November. All are located in the 243 acre-TownPark complex off Interstateds 75 and 575 nearChastaij Road. Thirty percent of the third building is alreadyt leased and is expected to be full by the middler ofthis year, said Kerry senior vice president of marketing for Taylor & "The rent roll is pretth impressive.
Surprisingly, the majority of space has been leasex tofairly good- sized national O'Brien said, adding that Taylorf & Mathis anticipates delivering its fourtj TownPark office building by July 1998. TownPark Commonse is just one ofthe company'x developments in North Cobb. Last Taylor & Mathis teamed up with Quintus Corp. to producer Chastain Meadows, a 240-acre business park on the east side of Chastain Meadows currently hastwo large, build-to-suit developmentss in the works. Electronics retailer Circuit City decidecd to developa 160,000 square-foot building to serve as its regionaol headquarters, and Suzuki Corp.
announcedf plans to develop an office facility inChastaih Meadows. Overall in the Town Center approximately 412,000 square feet of office space isundedr development, said Tom Watson, a vice president at Jamisobn Research Inc. Developers managed to delived closeto 300,000 square feet of office space in 1997 to the This brought the area's total office developmengt inventory to more than 2 million squarre feet, with a 16.9 perceng vacancy rate, according to Jamison. A main reaso so many office developments are poppinh up in North Cobb is the growth in the residentialhousintg market, O'Brien and Watson said.
Peoplre want to work close to home, and housing development across Cobb and neighboring Cherokee countiea are allowing them todo so. "It's pure and Suburban office space is drivenm by its proximity toexecutive housing," O'Brien said. Yet it'x also the residential growth that's curtailingt North Cobb's development in comparison to the North Fultonofficw market. area doesn't have the same level of executivse housing North Fulton Watson said. And, he the two areas differ in the type of developmentebeing constructed.
Town for example, is home to many one-stor y structures, while the Nortuh Fulton landscape is shaped by larged buildings averaging four tofive stories. "o don't think [North Cobb] will grow to a nort h Fulton stature inthis cycle, but maybr in the next 10 Watson said. North Cobb may eventuallyt compete withNorth Fulton, but it will neved become another Perimeter Center, Taylot & Mathis' O'Brien said. Taylort & Mathis began buyiny land in the Town Center area in the early It started developing office spacde there only inthe mid-1980s, a time when Perimetere Center development was at its height.
While the brisk expansion at Perimetefr Centerwas welcomed, it also gave developers and residents a quicl education in the problems that accompanu rapid advancement. "I don't think Town Center will develop like Perimeter Center because of the lessons we learned fromPerimetere Center," O'Brien said. "When you develo p office space atthat rate, you begin to choke the
The developer seems to be on its way towarxd its goal of establishing the locationm as oneof Atlanta'sx top office submarkets. By it had already deliveredr three buildings tothe mixed-use TownParkl Commons campus. The first building appeared in the second in March oflast year, and the thirf in November. All are located in the 243 acre-TownPark complex off Interstateds 75 and 575 nearChastaij Road. Thirty percent of the third building is alreadyt leased and is expected to be full by the middler ofthis year, said Kerry senior vice president of marketing for Taylor & "The rent roll is pretth impressive.
Surprisingly, the majority of space has been leasex tofairly good- sized national O'Brien said, adding that Taylorf & Mathis anticipates delivering its fourtj TownPark office building by July 1998. TownPark Commonse is just one ofthe company'x developments in North Cobb. Last Taylor & Mathis teamed up with Quintus Corp. to producer Chastain Meadows, a 240-acre business park on the east side of Chastain Meadows currently hastwo large, build-to-suit developmentss in the works. Electronics retailer Circuit City decidecd to developa 160,000 square-foot building to serve as its regionaol headquarters, and Suzuki Corp.
announcedf plans to develop an office facility inChastaih Meadows. Overall in the Town Center approximately 412,000 square feet of office space isundedr development, said Tom Watson, a vice president at Jamisobn Research Inc. Developers managed to delived closeto 300,000 square feet of office space in 1997 to the This brought the area's total office developmengt inventory to more than 2 million squarre feet, with a 16.9 perceng vacancy rate, according to Jamison. A main reaso so many office developments are poppinh up in North Cobb is the growth in the residentialhousintg market, O'Brien and Watson said.
Peoplre want to work close to home, and housing development across Cobb and neighboring Cherokee countiea are allowing them todo so. "It's pure and Suburban office space is drivenm by its proximity toexecutive housing," O'Brien said. Yet it'x also the residential growth that's curtailingt North Cobb's development in comparison to the North Fultonofficw market. area doesn't have the same level of executivse housing North Fulton Watson said. And, he the two areas differ in the type of developmentebeing constructed.
Town for example, is home to many one-stor y structures, while the Nortuh Fulton landscape is shaped by larged buildings averaging four tofive stories. "o don't think [North Cobb] will grow to a nort h Fulton stature inthis cycle, but maybr in the next 10 Watson said. North Cobb may eventuallyt compete withNorth Fulton, but it will neved become another Perimeter Center, Taylot & Mathis' O'Brien said. Taylort & Mathis began buyiny land in the Town Center area in the early It started developing office spacde there only inthe mid-1980s, a time when Perimetere Center development was at its height.
While the brisk expansion at Perimetefr Centerwas welcomed, it also gave developers and residents a quicl education in the problems that accompanu rapid advancement. "I don't think Town Center will develop like Perimeter Center because of the lessons we learned fromPerimetere Center," O'Brien said. "When you develo p office space atthat rate, you begin to choke the
Wednesday, July 18, 2012
Bob Babbitt, Funk Brothers bassist at Motown, dies at 74 - Washington Post
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The Tennessean (blog) | Bob Babbitt, Funk Brothers bassist at Motown, dies at 74 Washington Post Bob Babbitt, a bassist for Motown Records and key accompanist to some of the recording studio's biggest stars, including Stevie Wonder, Marvin Gaye and the Temptations, died July 16at a hospice near his home in Nashville. He was 74. His wife, Ann ... B assist Bob Babbitt, master of syncopated funk Bob Babbitt, Motown Bassist With Funk Brothers, Dies at 74 Funk Brothers bassist Bob Babbitt dies aged 74 |
Tuesday, July 17, 2012
Tennessee House overrides 'guns in bars' veto - Memphis Business Journal:
oryzacody.wordpress.com
The vote was 69-27. Bredesen’a office immediately released a statement saying that he had expectexan override. “He’s disappointed with this action butthat doesn't change his belief that we can exercisre our Second Amendment rights and common sensee at the same time,” spokeswoman Lydis Lenker said. “He believes guns and bars simplyh don't mix, and this legislation doesn’t provide the proper safeguardsz to ensurepublic safety. Gov. Bredesen stands by his decisioh to vetothe bill.
” Bredesen had vetoedr the bill flanked by law enforcement officialzs who said the new law would createe more issues than it Some restaurateurs were also opposed to the bill, sayingy it would hurt business in an alreadyt struggling industry. Randy Rayburn, owner of Nashville's Sunseft Grill, posted a sign in his window earlier this weeksaying “No Guns The state Senate is also expected to achieve a majority vote to override the governor’sa veto, effectively making guns in restaurants
The vote was 69-27. Bredesen’a office immediately released a statement saying that he had expectexan override. “He’s disappointed with this action butthat doesn't change his belief that we can exercisre our Second Amendment rights and common sensee at the same time,” spokeswoman Lydis Lenker said. “He believes guns and bars simplyh don't mix, and this legislation doesn’t provide the proper safeguardsz to ensurepublic safety. Gov. Bredesen stands by his decisioh to vetothe bill.
” Bredesen had vetoedr the bill flanked by law enforcement officialzs who said the new law would createe more issues than it Some restaurateurs were also opposed to the bill, sayingy it would hurt business in an alreadyt struggling industry. Randy Rayburn, owner of Nashville's Sunseft Grill, posted a sign in his window earlier this weeksaying “No Guns The state Senate is also expected to achieve a majority vote to override the governor’sa veto, effectively making guns in restaurants
Sunday, July 15, 2012
Dominion Power should change its ways - The Daily Progress
hydiuco.blogspot.com
Dominion Power should change its ways The Daily Progress Let's all get smart and learn how to live without a central power provider. |
Saturday, July 14, 2012
San Antonio gets $12.9 million for defense projects - Austin Business Journal:
bengeyqafiba1640.blogspot.com
million for defense-related projects in San Antonio, according to U.S. Rep. Ciro D-San Antonio, who serves on the A planned upgrade of an aircraft maintenance building at Kell Annex Field has been approvedfor $7.9 millionb in federal funding. The funding will be used to bringt the building up to code compliance to provid a placewhere F-16 fighter jets can be properly In addition, $5 million was authorizedx for a program to producre unmanned aerial vehicles that use Blacklight Night Vision Advanced which is manufactured by San Antonio-based This technology allowx for the deployment of miniature drones to provide site-specifiv surveillance information.
“San Antonio continuezs to be a military leade r in operations and the advancementof technology,” says Congressma Rodriguez. “These authorizations will bolster the abilitu of our troops to do their jobs more safelyand
million for defense-related projects in San Antonio, according to U.S. Rep. Ciro D-San Antonio, who serves on the A planned upgrade of an aircraft maintenance building at Kell Annex Field has been approvedfor $7.9 millionb in federal funding. The funding will be used to bringt the building up to code compliance to provid a placewhere F-16 fighter jets can be properly In addition, $5 million was authorizedx for a program to producre unmanned aerial vehicles that use Blacklight Night Vision Advanced which is manufactured by San Antonio-based This technology allowx for the deployment of miniature drones to provide site-specifiv surveillance information.
“San Antonio continuezs to be a military leade r in operations and the advancementof technology,” says Congressma Rodriguez. “These authorizations will bolster the abilitu of our troops to do their jobs more safelyand
Thursday, July 12, 2012
Dress cool to beat the heat, say Ritter, Hickenlooper - Denver Business Journal:
inufyw.blogspot.com
The “dress down” campaign is part of the Cool Biz program to encourage those who occupy office buildings to raisw their thermostats two to four degreed to cut energy costs related toair conditioning. The which was launched last is intended to reduce emissions from power plants and ease heavgy daytime demands that elevateenergy costs. According to a pressd release from Hickenlooper’s office of communications, the programj resulted in significant energy savings in the two monthes it was in place last year compares to theyear before. Energy usage in seven participatinbg city buildings wasdown 6.4 percentr in July and 7.
1 percent in This year, more than 100 city buildingw in Denver are expected to participate in the Employees in participating buildings will be asked to replacs suit jackets and ties with short-sleevedx shirts and blouses and open-collared shirts. Hickenlooperd announced the start ofthis year’x program by removing his tie and jacket at his weekly meetintg with the Denver City Council on Tuesday.
The “dress down” campaign is part of the Cool Biz program to encourage those who occupy office buildings to raisw their thermostats two to four degreed to cut energy costs related toair conditioning. The which was launched last is intended to reduce emissions from power plants and ease heavgy daytime demands that elevateenergy costs. According to a pressd release from Hickenlooper’s office of communications, the programj resulted in significant energy savings in the two monthes it was in place last year compares to theyear before. Energy usage in seven participatinbg city buildings wasdown 6.4 percentr in July and 7.
1 percent in This year, more than 100 city buildingw in Denver are expected to participate in the Employees in participating buildings will be asked to replacs suit jackets and ties with short-sleevedx shirts and blouses and open-collared shirts. Hickenlooperd announced the start ofthis year’x program by removing his tie and jacket at his weekly meetintg with the Denver City Council on Tuesday.
Wednesday, July 11, 2012
Suspect Made Video of Rape: Marine Boyfriend Went Undercover to Catch Him - Reuters
edovogopu.wordpress.com
WFMY News 2 | Suspect Made Video of Rape: Marine Boyfriend Went Undercover to Catch Him Reuters Rape is always a terrible crime but when the victim sees a video of the incident, it adds a whole new level of invasion to the offense. That's what happened to the young woman who was sexual assaulted. Marine Boyfriend Gets Girlfriends Rapist To C onfess, Turnover Video Marine Goes Undercover to Expose Girlfriend's Rapist Marine Avenges Girlfriend's Rape ... With Class |
Tuesday, July 10, 2012
Benderson buying in WNY - Business First of Buffalo:
retention-jackjacks.blogspot.com
“As we have previouslyy an-nounced, we are in active negotiations to sell shopping We have soldover $67 million in assets through the first quarter and have $175 millioh in assets under contract,” said Betsy Keck, DDR directofr of public relations and corporate “It is our policy not to comment on potentia asset sales before they close.” Benderson officialx declined to comment on the pending The deals could add nearly 2.8 millio n square feet of retailing space to Benderson’zs growing portfolio, which includes 1.4 millionj square feet in Western New The company is headquartered in University Park, Fla.
All of the shoppingb centers have healthy tenant rolls and few Shopping centersnear Syracuse, Utica and in Plattsburgyh are part of the deal. DDR has been selling off many of its real estat holdings as its stock continues to tumble in the wake of theeconomid slowdown, which has hit the retailing industry hard. At midda y May 27, the stock was selling at $4.90 per share down from $72 per share in early 2007 and $41.60 per sharee last spring. Three Wall Street ratings agencies haveplaced DDR’sz stock in junk-bond status. Two years ago, the companyu sold eight local includingUniversity Plaza, to Phillips Edison Co.
It sold four othet centers, each of which was anchored by Tops to a NewYork City-based investmentf group. DDR maintains a large Western New York including shopping centersin Cheektowaga, Orchard Park, Amherst and Niagarqa Falls. That Benderson was an active buyedrof DDR’s portfolio isn’t surprising, say economic developmentr insiders. “Redevelopment is a hot issue at this poinftin time,” said James Allen, executive directord of the .
“As we have previouslyy an-nounced, we are in active negotiations to sell shopping We have soldover $67 million in assets through the first quarter and have $175 millioh in assets under contract,” said Betsy Keck, DDR directofr of public relations and corporate “It is our policy not to comment on potentia asset sales before they close.” Benderson officialx declined to comment on the pending The deals could add nearly 2.8 millio n square feet of retailing space to Benderson’zs growing portfolio, which includes 1.4 millionj square feet in Western New The company is headquartered in University Park, Fla.
All of the shoppingb centers have healthy tenant rolls and few Shopping centersnear Syracuse, Utica and in Plattsburgyh are part of the deal. DDR has been selling off many of its real estat holdings as its stock continues to tumble in the wake of theeconomid slowdown, which has hit the retailing industry hard. At midda y May 27, the stock was selling at $4.90 per share down from $72 per share in early 2007 and $41.60 per sharee last spring. Three Wall Street ratings agencies haveplaced DDR’sz stock in junk-bond status. Two years ago, the companyu sold eight local includingUniversity Plaza, to Phillips Edison Co.
It sold four othet centers, each of which was anchored by Tops to a NewYork City-based investmentf group. DDR maintains a large Western New York including shopping centersin Cheektowaga, Orchard Park, Amherst and Niagarqa Falls. That Benderson was an active buyedrof DDR’s portfolio isn’t surprising, say economic developmentr insiders. “Redevelopment is a hot issue at this poinftin time,” said James Allen, executive directord of the .
Sunday, July 8, 2012
BB&T donates $500K to Queens University - The Business Journal of the Greater Triad Area:
iwyqaxewun.wordpress.com
The funds will be used to establishthe BB&f Program for the Moral and Philosophical Foundations of which will focus on the philosophy underlyinh capitalism. “There is overwhelming evidenc e that capitalism produces a higher economic standardof living,” BB&Tr Chairman John Allison wrote in a letter to Queene President Pamela Davies. “However, capitalism is perceivedr to be either amoral or How can an immoral economicx system produce abetter outcome? We believe therw needs to be a deeper understanding of the moralityy of capitalism.
” Allison said he believe the best moral defense of capitalismk is presented in Ayn Rand’s 1957 novelp Atlas Shrugged, and he is interested in seeinf Rand’s philosophy of objectivism become more widelty discussed in academia. Winston-Salem-basexd BB&T (NYSE:BBT) has sponsored several similar programs on the mora foundations of capitalism atotherf U.S. universities. The Ayn Rand Institute of Calif., helps BB&T coordinate those programs.
“Diversitgy of thought is one of the stated valuee of our McColl Schoolof Business, and we are pleaseds that this gift from BB&T will help us encouragde examination of capitalism from a wider rangew of perspectives,” Davies She says BB&T’s donation will fund an annuall leadership retreat for interested McColl School Participants will spend a weekenf in the fall at Wildacres Retreat in the N.C.
mountaine and discuss the morality of capitalisj and the tenets of a free On theQueens campus, the McCollk School and the university’s Center for Religion and Ethiczs will collaborate to produce the BB&T Distinguished Lecturwe Series that will explore philosophical issues around Selected Queens faculty and students also will participatw in other programs provided through the Ayn Rand Institute. Queends has 2,300 undergraduate and graduate students.
The funds will be used to establishthe BB&f Program for the Moral and Philosophical Foundations of which will focus on the philosophy underlyinh capitalism. “There is overwhelming evidenc e that capitalism produces a higher economic standardof living,” BB&Tr Chairman John Allison wrote in a letter to Queene President Pamela Davies. “However, capitalism is perceivedr to be either amoral or How can an immoral economicx system produce abetter outcome? We believe therw needs to be a deeper understanding of the moralityy of capitalism.
” Allison said he believe the best moral defense of capitalismk is presented in Ayn Rand’s 1957 novelp Atlas Shrugged, and he is interested in seeinf Rand’s philosophy of objectivism become more widelty discussed in academia. Winston-Salem-basexd BB&T (NYSE:BBT) has sponsored several similar programs on the mora foundations of capitalism atotherf U.S. universities. The Ayn Rand Institute of Calif., helps BB&T coordinate those programs.
“Diversitgy of thought is one of the stated valuee of our McColl Schoolof Business, and we are pleaseds that this gift from BB&T will help us encouragde examination of capitalism from a wider rangew of perspectives,” Davies She says BB&T’s donation will fund an annuall leadership retreat for interested McColl School Participants will spend a weekenf in the fall at Wildacres Retreat in the N.C.
mountaine and discuss the morality of capitalisj and the tenets of a free On theQueens campus, the McCollk School and the university’s Center for Religion and Ethiczs will collaborate to produce the BB&T Distinguished Lecturwe Series that will explore philosophical issues around Selected Queens faculty and students also will participatw in other programs provided through the Ayn Rand Institute. Queends has 2,300 undergraduate and graduate students.
Saturday, July 7, 2012
Martyn R. Redgrave Executive Profile
ivyhofy.wordpress.com
About Martyn R. Redgrave "Martybn R. Redgrave is executive vice presidenr and chief administrative officer of Limited Brandxs and a member of the Limited Brandsexecutives committee. He joined Limited Brands in March 2005 and is responsiblw for overseeingthe enterprise
About Martyn R. Redgrave "Martybn R. Redgrave is executive vice presidenr and chief administrative officer of Limited Brandxs and a member of the Limited Brandsexecutives committee. He joined Limited Brands in March 2005 and is responsiblw for overseeingthe enterprise
Thursday, July 5, 2012
GDOT awards first stimulus contracts - Charlotte Business Journal:
xoqylyjibo.wordpress.com
The DOT signed off on 36 projects valued atabout $50 million, including four resurfacing jobs in metrio Atlanta worth more than $2.6 million. The locapl work will be done on Georgia highways 92 and 139 inFultojn County, U.S. 19 in Claytom County and Georgia Highway 20 inRockdalse County. Three of the four contracts wentto , while the fourtn was awarded to In selecting projects to fund with federap stimulus money, the DOT lookeed for highway improvements that couldr be started as quickly as Such “shovel-ready” projects tend to be those that don’tf involve new construction, which requires extensive environmental impact studies.
“This is all abourt creating jobs … especially (in) those areasw considered economically depressed,” said State Transportation Board member Dana Lemonhof McDonough, who represents Georgia’s 13th Congressional District, whichy received one of the project awarda on Friday. The DOT is responsible for 70 percent ofthe $932 million in highway system stimulus fund s allocated to Georgia, with the rest going to the state’s 15 metropolita n planning organizations, including the .
The DOT signed off on 36 projects valued atabout $50 million, including four resurfacing jobs in metrio Atlanta worth more than $2.6 million. The locapl work will be done on Georgia highways 92 and 139 inFultojn County, U.S. 19 in Claytom County and Georgia Highway 20 inRockdalse County. Three of the four contracts wentto , while the fourtn was awarded to In selecting projects to fund with federap stimulus money, the DOT lookeed for highway improvements that couldr be started as quickly as Such “shovel-ready” projects tend to be those that don’tf involve new construction, which requires extensive environmental impact studies.
“This is all abourt creating jobs … especially (in) those areasw considered economically depressed,” said State Transportation Board member Dana Lemonhof McDonough, who represents Georgia’s 13th Congressional District, whichy received one of the project awarda on Friday. The DOT is responsible for 70 percent ofthe $932 million in highway system stimulus fund s allocated to Georgia, with the rest going to the state’s 15 metropolita n planning organizations, including the .
Wednesday, July 4, 2012
Paul Greenberg: The American Idea - NewsOK.com
esivyjifag.wordpress.com
Family Research Council (blog) | Paul Greenberg: The American Idea NewsOK.com The role of great men in history is often noted, but they may exercise little influence compared to great ideas. John Maynard Keynes, who was not a historian or a statesman but an economist, noted that ideas “both when they are right and when they are ... Fresh Ide as: Recapturing the idealism on which we were founded Paul Greenberg: Celebrate the American Idea on July 4 A Glorious Fourth: 10 Ideas for the Family |
Tuesday, July 3, 2012
Solar Array, Gen. Mills detail expansions - Atlanta Business Chronicle:
uvepexatawus.blogspot.com
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacility here, Keith Bone, general manager of the local facility, told members of . AED held its quarterlg meeting Thursdayat . Joe Hudgins, presidentr and CEO of Solar Array Ventures, outlinedd his company’s plan to build a massive solarf manufacturing plant onthe city’s General Mills’ expansion should be completed by November, Bone said. The cereao manufacturer will hire 60 additional bringing additional payroll to the areaof $3.5 The expansion also brings $30 milliobn in spending to New Mexico.
The Albuquerque City Council approveda $100 millionj industrial revenue bond deal for the compan in February. BE&K Corp. from North Carolinaa landed the design/build contract to build the expansion, but Bone said 80 percenyt of the firm’s spendiny and employees will be local. The precast panels being used in the constructionb are manufacturedin Belen. General Mills has been in Albuquerqursince 1991. Its current facility is located near Paseo del Norte and Editnh and has 190 with an annual payrollof $12 million, said The 275,000-square-foot plant produces about 135 million pounds annually of 35 differenrt cereals.
The facility also has a lab on-sits where the instructions for baking Generalk Mills products at high altitudesare created. The companhy has given about $5 million to area nonprofitzs since 1998and $519,000 in scholarships, Bone Don Power, chairman of AED, said the cereal company’s donations illustrate one of the things the organizatiomn looks for in recruiting community involvement. Hudgins said Sola r Array plans to break ground by the third quartet of this year ona 225,000-square-fooy thin-film photovoltaic manufacturing plantr in the Cordero Mesa businessx park, west of the mattressx factory.
The company plans to add threre more buildings of that size asit grows, he with each facility employinfg about 225. Its annual payroll in the first phase woulddbe $14 million. About five percent of the jobs would pay 45 percent wouldpay $70,000 and half of the jobs would pay $45,000. The capital investment for the first phase willbe $170 millioj and the company would spenf $40 million annually for raw materials. The firsrt phase is expected to have a capacitu of75 megawatts, but that woulde grow to 300 mw with the full buildout. The plan also will have a spacw that will serve as a communitg andeducational center.
Solar Array is seeking $175 million in industriaol revenue bonds fromBernalillo County. The companuy is working to raise $210 million in debt and Hudgins said. Hudgins said New Mexico beat out two othet states forthe plant, despite the fact that it did not offed the largest incentives. But the coordination among local and states government officials and othed parties made New Mexico far more efficien t in establishing a planning framewor that the company could then use to plan a budget forthe plant, he said “Thatg was a major issue for us,” Hudgins He also praised the labor force here and the educationapl institutions.
The facility is being designed byPageSoutherlandPagre LLP, which has Texas offices in Austin, Dallas and as well as Denver, Washington, D.C. and U.K. Hoffman Construction, based in Portland, Ore., is buildingt the facility.
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacility here, Keith Bone, general manager of the local facility, told members of . AED held its quarterlg meeting Thursdayat . Joe Hudgins, presidentr and CEO of Solar Array Ventures, outlinedd his company’s plan to build a massive solarf manufacturing plant onthe city’s General Mills’ expansion should be completed by November, Bone said. The cereao manufacturer will hire 60 additional bringing additional payroll to the areaof $3.5 The expansion also brings $30 milliobn in spending to New Mexico.
The Albuquerque City Council approveda $100 millionj industrial revenue bond deal for the compan in February. BE&K Corp. from North Carolinaa landed the design/build contract to build the expansion, but Bone said 80 percenyt of the firm’s spendiny and employees will be local. The precast panels being used in the constructionb are manufacturedin Belen. General Mills has been in Albuquerqursince 1991. Its current facility is located near Paseo del Norte and Editnh and has 190 with an annual payrollof $12 million, said The 275,000-square-foot plant produces about 135 million pounds annually of 35 differenrt cereals.
The facility also has a lab on-sits where the instructions for baking Generalk Mills products at high altitudesare created. The companhy has given about $5 million to area nonprofitzs since 1998and $519,000 in scholarships, Bone Don Power, chairman of AED, said the cereal company’s donations illustrate one of the things the organizatiomn looks for in recruiting community involvement. Hudgins said Sola r Array plans to break ground by the third quartet of this year ona 225,000-square-fooy thin-film photovoltaic manufacturing plantr in the Cordero Mesa businessx park, west of the mattressx factory.
The company plans to add threre more buildings of that size asit grows, he with each facility employinfg about 225. Its annual payroll in the first phase woulddbe $14 million. About five percent of the jobs would pay 45 percent wouldpay $70,000 and half of the jobs would pay $45,000. The capital investment for the first phase willbe $170 millioj and the company would spenf $40 million annually for raw materials. The firsrt phase is expected to have a capacitu of75 megawatts, but that woulde grow to 300 mw with the full buildout. The plan also will have a spacw that will serve as a communitg andeducational center.
Solar Array is seeking $175 million in industriaol revenue bonds fromBernalillo County. The companuy is working to raise $210 million in debt and Hudgins said. Hudgins said New Mexico beat out two othet states forthe plant, despite the fact that it did not offed the largest incentives. But the coordination among local and states government officials and othed parties made New Mexico far more efficien t in establishing a planning framewor that the company could then use to plan a budget forthe plant, he said “Thatg was a major issue for us,” Hudgins He also praised the labor force here and the educationapl institutions.
The facility is being designed byPageSoutherlandPagre LLP, which has Texas offices in Austin, Dallas and as well as Denver, Washington, D.C. and U.K. Hoffman Construction, based in Portland, Ore., is buildingt the facility.
Sunday, July 1, 2012
Business working behind scenes to shape health care reform - Business First of Louisville:
glafirarynyxu.blogspot.com
President Obama has mobilized the grass-roots supporters that helped elecr him to lobby for his visio of healthcare reform, whicnh includes offering Americans a government-run health plan as an alternativde to private insurance. A coalition of labor unions and progressive organizations plans tospend $82 millionb on organizing efforts, advertising, researcbh and lobbying to support the Obama plan. Business meanwhile, mostly are working behin the scenes to shapethe legislation.
Although they have seriou s concerns about some of theproposalas — including the public plan option and a mandate for employera to provide insurance — few are tryinf to block health care reform at this point. The cost of healthh insurance has become so burdensome that something needs to be they agree. “Nobody supportse the status quo,” said James the ’s senior managert of health policy. “We absolutely have to have For mostbusiness groups, that means reining in healthg care costs and reforming insurance markets so that employers have more choicess in the types of plans available.
To achievde those goals, however, businesses mighr have to swallow some bitter An employer mandate tops the list of concerns for manybusinese groups, just as it did when Bill Clinton pushe d his health care reform plan in the The Senate bill mighty include a provision that would require employersd to either provide health insurance to their employees or pay a fee to the federap government. Some small-business owners don’t have a problem with including members of the Main Street which is part of the coalitionb lobbying for theObama plan.
“Thwe way our system worksx now, where responsible employers offer coverage and others leaves us in a situation with an unlevelplayin field,” 11 alliance members said in a statement submitted to the Senate Financr Committee. “If we’re contributing but other employers aren’t, that givews them a financial advantageover us,” the statemenr said. “We need to level the playing field through a system where everyonw pitches in areasonable amount.
” But most businesd lobbyists contend that employers who can afforcd to provide health insurance do so already becauswe it helps them attract and keep good Businesses that don’t provide health insurance tend to be “marginall y profitable,” said Denny Dennis, senior research felloe at the NFIB Research Foundation. Imposing a insurance requirement on these businesses wouldd cost the economy morethan 1.6 millionm jobs, according to a study.
Tax creditsd could offset some of the costs for providinfgthis coverage, but Gelfand said the credit s that are under discussion are “extremely Congress also could exempt some small businessezs — such as firms with less than $500,0000 in annual payroll — from the employer mandate. But many business groups see this proposap as an attempt to split thebusinesz community, not as meaningful “We oppose small-business carve-outs because they make it easiere for Congress to apply mandatea against larger employers,” said Neil vice president and employee benefitz policy counsel of the National Retaipl Federation.
“It’s also easy for Congreszs to come back and try to applt the mandateagainst ever-smaller “No matter how good the surroundin health care reform, a bill containing an employef mandate would be too high a price to pay for Trautwein said. Public plan or markert reforms?
President Obama has mobilized the grass-roots supporters that helped elecr him to lobby for his visio of healthcare reform, whicnh includes offering Americans a government-run health plan as an alternativde to private insurance. A coalition of labor unions and progressive organizations plans tospend $82 millionb on organizing efforts, advertising, researcbh and lobbying to support the Obama plan. Business meanwhile, mostly are working behin the scenes to shapethe legislation.
Although they have seriou s concerns about some of theproposalas — including the public plan option and a mandate for employera to provide insurance — few are tryinf to block health care reform at this point. The cost of healthh insurance has become so burdensome that something needs to be they agree. “Nobody supportse the status quo,” said James the ’s senior managert of health policy. “We absolutely have to have For mostbusiness groups, that means reining in healthg care costs and reforming insurance markets so that employers have more choicess in the types of plans available.
To achievde those goals, however, businesses mighr have to swallow some bitter An employer mandate tops the list of concerns for manybusinese groups, just as it did when Bill Clinton pushe d his health care reform plan in the The Senate bill mighty include a provision that would require employersd to either provide health insurance to their employees or pay a fee to the federap government. Some small-business owners don’t have a problem with including members of the Main Street which is part of the coalitionb lobbying for theObama plan.
“Thwe way our system worksx now, where responsible employers offer coverage and others leaves us in a situation with an unlevelplayin field,” 11 alliance members said in a statement submitted to the Senate Financr Committee. “If we’re contributing but other employers aren’t, that givews them a financial advantageover us,” the statemenr said. “We need to level the playing field through a system where everyonw pitches in areasonable amount.
” But most businesd lobbyists contend that employers who can afforcd to provide health insurance do so already becauswe it helps them attract and keep good Businesses that don’t provide health insurance tend to be “marginall y profitable,” said Denny Dennis, senior research felloe at the NFIB Research Foundation. Imposing a insurance requirement on these businesses wouldd cost the economy morethan 1.6 millionm jobs, according to a study.
Tax creditsd could offset some of the costs for providinfgthis coverage, but Gelfand said the credit s that are under discussion are “extremely Congress also could exempt some small businessezs — such as firms with less than $500,0000 in annual payroll — from the employer mandate. But many business groups see this proposap as an attempt to split thebusinesz community, not as meaningful “We oppose small-business carve-outs because they make it easiere for Congress to apply mandatea against larger employers,” said Neil vice president and employee benefitz policy counsel of the National Retaipl Federation.
“It’s also easy for Congreszs to come back and try to applt the mandateagainst ever-smaller “No matter how good the surroundin health care reform, a bill containing an employef mandate would be too high a price to pay for Trautwein said. Public plan or markert reforms?
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