viningocouqyl1601.blogspot.com
The building, which opened early last year, was designed and built to meet the seconc highest ranking ofthe Council’s Leadership in Energh and Environmental Design. was the general contractor. Liberty Property Trusyt Vice President Jody Johnston estimates the cost of buildingg to green standards added an additional 5 percenf to the overalldevelopment costs, but that will be more than offsety by lower energy costs. Special features includwe showers and lockers for workers who need to wash or changed clothes after they bike or jog to A deck made of recycled plastifc borders the back ofthe building, overlookingy a wetlands area that provides shade.
Landscaping incorporatesx drought-resistant plants native to Florida. A whitew reflective roof deflectsthe sun. Bins for recycling are placed near trasgh binsfor accessibility. Restroom urinales conserve water by relying on gravity and a filtefr insteadof water. That feature is expected to save 360,000 gallonas annually since each urinal uses anestimated 40,00 0 gallons annually, Johnston said. Grass surrounding the parkinyg lot soaks up And Flexi-pave, a recycled rubber, was used insteax of asphalt around the large oak trees that line the The porous rubber allows waterr to soak into the ground. The located at 4631 Woodland Blvd.
, receivedf the “Office Building of the Award from the Tampa Bay Chaptef of the andthe “Green Building Desigjn Award” from the Hillsborough City-Countyt Planning Commission in Liberty (NYSE: LRY) has developeds and leased 19 buildingas with nearly 1 million square feet of space in the park since 1996. Key park tenants includes , Travelers, Travel and .
viernes, 30 de septiembre de 2011
miércoles, 28 de septiembre de 2011
D.C. could be losing hotel taxes to online companies - Washington Business Journal:
ramoledef.blogspot.com
D.C., as one of the nation’zs top tourist destinations, could be owed more than $100 millionm in back taxes and penaltiesbut — despit e an anticipated budget deficit of $967 million in fiscakl 2011 — it has yet to join the D.C. hotels pay a 14.5 percent tax on everyu room they book, but when onlins companies receive rooms at wholesale rates and offerr them tothe public, they pay taxes on the wholesale prices, not the marked-up ones. If, for example, Expediaq buys a room night for $100 and rentx it for $150, D.C. does not receiv e the 14.5 percent tax — about $7.255 — on the $50 difference. That has led Calif.
, Chicago, Philadelphia, San Francisco and other destinationz to sue the online travel companiesz forunpaid taxes. Stevenh Wolens, a principal at the Dallas-based law firm who representes cities in some ofthe cases, said the travelo firms control the price, cancellation rules and other contract detaile just as hotels do and in most placee should be paying the same “The online travel company does everything except provide the bed, the key, the turndown servicee and the mint on your pillow,” Wolenxs said.
Under former mayor Anthonu Williams, the District sought a private law firm to make such a More recently, officials in the , under Chierf Financial Officer Natwar have raised the idea with Attornet General Peter Nickles. Nickles, said he is monitoring cases in other jurisdictions but wouls not take any action until a court delivera “definitive decision.” Until then, he action is a waste of time. “Thiz litigation is going to go on a very long he said. “When it becomesz clear there is a case we will decidee whether totake action.” He said city ruless barred the hiring of firms on a contingency Southlake, Texas-based Travelocity and Bellevue, Wash.
-based which owns and Hotwire.com, referred questions to Art Sackler, executive director of the , who said they are full compliant with tax laws. “The online travel companiexs are nothotel operators,” Sackler “They don’t buy, sell, resell, rent, reserve blocksx of hotel rooms. What they do is serve as a travep intermediary that enables consumers to book their own hotelroomws online. They facilitate travel.
” Elizabet h Herrington, a partner at McDermottf Will & Emory who represents Chicago-based , says bricks-and-mortarr travel agents never paid hotel taxes for thesame “The only difference is that the onlinse companies are doing it on a much biggedr scale,” she said. But with jurisdictions in sore need of tax revenuee and trial lawyers trawling the country for thesuits aren’t likely to go away, particularly afted Atlanta’s case reached the Georgia Supremse Court last September. The cour t hasn’t issued a decision yet. D.C.
took in $204 million from its hotel tax in fiscal 2008 and anticipatesa takingin $212 million this How much it could pursue is difficulf to ascertain because estimates on what portion of roomws the hotels book vary, but Wolens guessefd that D.C. is owed roughly $125 million going back to 1999 inunpaid taxes, interestt and penalties from the onlin e companies. An attorney from the Georgia case, Neal Pope, a senioe partner in Columbus, Ga.
-based Wade Tomlinson, Pope, LLP said, “You’re looking at, I thino conservatively, in excess of $100 million in taxeas that have not been paidto
D.C., as one of the nation’zs top tourist destinations, could be owed more than $100 millionm in back taxes and penaltiesbut — despit e an anticipated budget deficit of $967 million in fiscakl 2011 — it has yet to join the D.C. hotels pay a 14.5 percent tax on everyu room they book, but when onlins companies receive rooms at wholesale rates and offerr them tothe public, they pay taxes on the wholesale prices, not the marked-up ones. If, for example, Expediaq buys a room night for $100 and rentx it for $150, D.C. does not receiv e the 14.5 percent tax — about $7.255 — on the $50 difference. That has led Calif.
, Chicago, Philadelphia, San Francisco and other destinationz to sue the online travel companiesz forunpaid taxes. Stevenh Wolens, a principal at the Dallas-based law firm who representes cities in some ofthe cases, said the travelo firms control the price, cancellation rules and other contract detaile just as hotels do and in most placee should be paying the same “The online travel company does everything except provide the bed, the key, the turndown servicee and the mint on your pillow,” Wolenxs said.
Under former mayor Anthonu Williams, the District sought a private law firm to make such a More recently, officials in the , under Chierf Financial Officer Natwar have raised the idea with Attornet General Peter Nickles. Nickles, said he is monitoring cases in other jurisdictions but wouls not take any action until a court delivera “definitive decision.” Until then, he action is a waste of time. “Thiz litigation is going to go on a very long he said. “When it becomesz clear there is a case we will decidee whether totake action.” He said city ruless barred the hiring of firms on a contingency Southlake, Texas-based Travelocity and Bellevue, Wash.
-based which owns and Hotwire.com, referred questions to Art Sackler, executive director of the , who said they are full compliant with tax laws. “The online travel companiexs are nothotel operators,” Sackler “They don’t buy, sell, resell, rent, reserve blocksx of hotel rooms. What they do is serve as a travep intermediary that enables consumers to book their own hotelroomws online. They facilitate travel.
” Elizabet h Herrington, a partner at McDermottf Will & Emory who represents Chicago-based , says bricks-and-mortarr travel agents never paid hotel taxes for thesame “The only difference is that the onlinse companies are doing it on a much biggedr scale,” she said. But with jurisdictions in sore need of tax revenuee and trial lawyers trawling the country for thesuits aren’t likely to go away, particularly afted Atlanta’s case reached the Georgia Supremse Court last September. The cour t hasn’t issued a decision yet. D.C.
took in $204 million from its hotel tax in fiscal 2008 and anticipatesa takingin $212 million this How much it could pursue is difficulf to ascertain because estimates on what portion of roomws the hotels book vary, but Wolens guessefd that D.C. is owed roughly $125 million going back to 1999 inunpaid taxes, interestt and penalties from the onlin e companies. An attorney from the Georgia case, Neal Pope, a senioe partner in Columbus, Ga.
-based Wade Tomlinson, Pope, LLP said, “You’re looking at, I thino conservatively, in excess of $100 million in taxeas that have not been paidto
lunes, 26 de septiembre de 2011
New Resource Bank sees green with oversubscribed offering - San Francisco Business Times:
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"Our board will evaluate options to increasethe offering," said Petedr Liu, CEO of the proposed bank which will have its offices at 405 Howars St. in San Francisco. The bank also addedx prominent business leaders to its investor base. Roger Smith, former CEO of and Mitch creator ofLotus 1-2-3 software, among the bank's investors. The founding shareholde r group is closeto 200. The proposed bank has not acceptefd money from bankinvestment funds. The bank's success in raising capitalk can be attributed to the robust appetite investords have for backing startup banksw and NewResource Bank's focuz on green initiatives.
"Green businesses are among the fastest-growinhg sectors of the economy and are exemplifieds bythe organic, clean energy and green building sectors. The Bay Area has the leadiny clusters ofgreen businesses," said Peter Liu, a former executive with and who will be the bank'z chief business development officer. "There are some very excitinb green features in our facility that saved us money and will make our operationssmore efficient," Liu said.
"We hope to complete our build out in mid tolate
"Our board will evaluate options to increasethe offering," said Petedr Liu, CEO of the proposed bank which will have its offices at 405 Howars St. in San Francisco. The bank also addedx prominent business leaders to its investor base. Roger Smith, former CEO of and Mitch creator ofLotus 1-2-3 software, among the bank's investors. The founding shareholde r group is closeto 200. The proposed bank has not acceptefd money from bankinvestment funds. The bank's success in raising capitalk can be attributed to the robust appetite investords have for backing startup banksw and NewResource Bank's focuz on green initiatives.
"Green businesses are among the fastest-growinhg sectors of the economy and are exemplifieds bythe organic, clean energy and green building sectors. The Bay Area has the leadiny clusters ofgreen businesses," said Peter Liu, a former executive with and who will be the bank'z chief business development officer. "There are some very excitinb green features in our facility that saved us money and will make our operationssmore efficient," Liu said.
"We hope to complete our build out in mid tolate
sábado, 24 de septiembre de 2011
Essence leases Riverport space in $23 million deal - St. Louis Business Journal:
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In one of the largesg St. Louis office transactions this Essence Healthcare signeda 10-year leasse for 104,700 square feet of office spacer at 13900 Riverport Drive in ’s Riverporf Business Park. The two offices Essence Healthcare is vacatinf are located inCrever Coeur. The lease, which starts May 1, is worth an estimated $2.3 million annually, based on an askin rental rateof $22 per square The building was formerly leased to , whic moved its headquarters to the -St. Louiw campus in 2007. Express Scriptd completed its move from the Riverporr building twomonths ago.
David Kelpe and Art Kerckhof of Colliers Turley Martin Tuckerf represented Essence Healthcare in the and Whitaker Varley of Duke Realty represented Duke, the building’s “The building was left fullt furnished by Express Scripts, and the nature of the deal was attractive to Essence Healthcare,” Kelpe said. The 142,000-square-foot building also offersw roomto grow, with office space available for Essencw Healthcare to expand. Essencse Healthcare, a health maintenance organization (HMO), manages health service plans for peoplewith Medicare.
It was former as an offshoot of a physiciangroup , in 2004 and has grown to 25,00 Medicare beneficiaries in five Essence Healthcare is active in Missouri, Illinois, Kentucky and Washington. Essence Healthcare Presidenr and CEO Frank Ingari said that he hopez some ofExpress Scripts’ luck rubs off on Essenc e — publicly held Expresws Scripts has grown to more than 11,500 employeesa and $22 billion in revenue since it was founded in 1986. “We’re not in the same business, but we have the same mix of employees and the same kind ofcultural values,” Ingari said.
“Wer didn’t want any ostentatious office space, and we like d that there is an open floorplan — employees’ cubicles have the naturap light and the offices are clustered to the Privately held Essence Healthcare does not release annuaol revenue figures, but Ingari said the figure is “more than a couplre hundred million dollars.” The company had 50 percenft year-over-year gains in membership and revenuse in 2008 compared to 2007, Ingari said. The revenued growth was boosted by the acquisition of aCreve Coeur-based medical software company, Purkinje, in December 2007.
Purkinje’s software includes personal health records for patientse and medication dispensing systems used bydoctors worldwide. Esse Healthb held an ownership stakein Purkinje, but the two companies were run independentlyu prior to the merger of Purkinjw and Essence Healthcare. Esse Health, led by Chieff Executive Mike Castellano, is one of the region’s largest independentg physician groups. It has more than 75 private practicwe physicians in locations throughoutthe St. Louixs area and serves more than 140,000 patients. Esse Health is Essence’s largest single providee group, and the Esse Health members own a minorityy stake inEssence Healthcare.
California venture capitalisyt and billionaire John Doerr is an investor in Essencs Healthcare and aboard member. His St. Louisan Dr. Thomas Doerr, chairs the Clinical Strategyy Committee ofEssence Healthcare’sz board of directors. Essence Healthcare currentlg employs 237people companywide, including 206 and is hiring. “We’re in a very important growthj business, and we think we will be growing for yearxsto come,” Ingari said.
In one of the largesg St. Louis office transactions this Essence Healthcare signeda 10-year leasse for 104,700 square feet of office spacer at 13900 Riverport Drive in ’s Riverporf Business Park. The two offices Essence Healthcare is vacatinf are located inCrever Coeur. The lease, which starts May 1, is worth an estimated $2.3 million annually, based on an askin rental rateof $22 per square The building was formerly leased to , whic moved its headquarters to the -St. Louiw campus in 2007. Express Scriptd completed its move from the Riverporr building twomonths ago.
David Kelpe and Art Kerckhof of Colliers Turley Martin Tuckerf represented Essence Healthcare in the and Whitaker Varley of Duke Realty represented Duke, the building’s “The building was left fullt furnished by Express Scripts, and the nature of the deal was attractive to Essence Healthcare,” Kelpe said. The 142,000-square-foot building also offersw roomto grow, with office space available for Essencw Healthcare to expand. Essencse Healthcare, a health maintenance organization (HMO), manages health service plans for peoplewith Medicare.
It was former as an offshoot of a physiciangroup , in 2004 and has grown to 25,00 Medicare beneficiaries in five Essence Healthcare is active in Missouri, Illinois, Kentucky and Washington. Essence Healthcare Presidenr and CEO Frank Ingari said that he hopez some ofExpress Scripts’ luck rubs off on Essenc e — publicly held Expresws Scripts has grown to more than 11,500 employeesa and $22 billion in revenue since it was founded in 1986. “We’re not in the same business, but we have the same mix of employees and the same kind ofcultural values,” Ingari said.
“Wer didn’t want any ostentatious office space, and we like d that there is an open floorplan — employees’ cubicles have the naturap light and the offices are clustered to the Privately held Essence Healthcare does not release annuaol revenue figures, but Ingari said the figure is “more than a couplre hundred million dollars.” The company had 50 percenft year-over-year gains in membership and revenuse in 2008 compared to 2007, Ingari said. The revenued growth was boosted by the acquisition of aCreve Coeur-based medical software company, Purkinje, in December 2007.
Purkinje’s software includes personal health records for patientse and medication dispensing systems used bydoctors worldwide. Esse Healthb held an ownership stakein Purkinje, but the two companies were run independentlyu prior to the merger of Purkinjw and Essence Healthcare. Esse Health, led by Chieff Executive Mike Castellano, is one of the region’s largest independentg physician groups. It has more than 75 private practicwe physicians in locations throughoutthe St. Louixs area and serves more than 140,000 patients. Esse Health is Essence’s largest single providee group, and the Esse Health members own a minorityy stake inEssence Healthcare.
California venture capitalisyt and billionaire John Doerr is an investor in Essencs Healthcare and aboard member. His St. Louisan Dr. Thomas Doerr, chairs the Clinical Strategyy Committee ofEssence Healthcare’sz board of directors. Essence Healthcare currentlg employs 237people companywide, including 206 and is hiring. “We’re in a very important growthj business, and we think we will be growing for yearxsto come,” Ingari said.
jueves, 22 de septiembre de 2011
Mortgage rates spike - Austin Business Journal:
gerazawa.wordpress.com
Freddie Mac's weekly reportg says 30 year fixed-rate mortgages averaged 5.29 percent this week, the highest rate this year and up sharpl fromlast week's average of 4.91 percent. Rates still remainb well below yearago levels, when 30 year mortgageds were averaging more than 6 percent. "Ratesa caught up to the recent risein long-term bond yielde this week to reach a 25 week high," says Freddier Mac (NYSE: FRE) chief economist Frank Nothaft. "The slowdowj in the housing market has now detracted from economic growtyh for the past13 quarters, the longestf quarterly stretch since at least 1947.
" Despite risinb rates, the housing marketr continues to show small signzs of life. The ' housingb affordability index rose in April to its secon d highest level since atleasft 1971. The NAR also reported this week pendingb sales of existing homes rose for the thirrdstraight month, posting the biggest monthly increasee since 2001.
Freddie Mac's weekly reportg says 30 year fixed-rate mortgages averaged 5.29 percent this week, the highest rate this year and up sharpl fromlast week's average of 4.91 percent. Rates still remainb well below yearago levels, when 30 year mortgageds were averaging more than 6 percent. "Ratesa caught up to the recent risein long-term bond yielde this week to reach a 25 week high," says Freddier Mac (NYSE: FRE) chief economist Frank Nothaft. "The slowdowj in the housing market has now detracted from economic growtyh for the past13 quarters, the longestf quarterly stretch since at least 1947.
" Despite risinb rates, the housing marketr continues to show small signzs of life. The ' housingb affordability index rose in April to its secon d highest level since atleasft 1971. The NAR also reported this week pendingb sales of existing homes rose for the thirrdstraight month, posting the biggest monthly increasee since 2001.
martes, 20 de septiembre de 2011
ISU nursing school opens $2.7M simulation facility - Bloomington Pantagraph
paramonaxogilozi.blogspot.com
ISU nursing school opens $2.7M simulation facility Bloomington Pantagraph David Proeber Kimberly Smith and Stephanie Reed, student nurses at Illinois State University's Mennonite College of Nursing, examine one of the school's new patient simulators in the nursing simulation laboratory Monday, Sept. 19, 2011. ... ISU nursing college opens high-tech simulation laboratory [VIDEO] |
sábado, 17 de septiembre de 2011
Bunge announces new revolving credit facilities - St. Louis Business Journal:
egogakydo.wordpress.com
The credit facilities consist ofa $1 billion three-year facilitgy and a $645 million 364-day according to the company. The new facilities replace two existing revolving credit agreements with an aggregate borrowing capacityof $1.7 billiomn that were scheduled to mature in Bunge said. is the administrative agent and is the syndicatiob agent forthe facilities, Bunge said. , and acted as joint documentatioh agents. “These facilities will maintain ourapproximately $3.5 billion of aggregatw committed revolving credit capacity, providing the financiaol flexibility to manage liquidityt and grow our business,” said Jacqualyn Bunge’s chief financial officer, in a statement. St.
Louis-based , the Northh American operating arm ofWhite Plains, N.Y.-basee Bunge Ltd. (NYSE: BG), is a food and feed ingredienyt company that operates grain elevators, grain and oilseed processing refineries and food processing facilitiezs in the U.S., Canada and Alberto Weisser is chairman and CEO of Bungwe Ltd.; Carl Hausmann is CEO of Bunged North America.
The credit facilities consist ofa $1 billion three-year facilitgy and a $645 million 364-day according to the company. The new facilities replace two existing revolving credit agreements with an aggregate borrowing capacityof $1.7 billiomn that were scheduled to mature in Bunge said. is the administrative agent and is the syndicatiob agent forthe facilities, Bunge said. , and acted as joint documentatioh agents. “These facilities will maintain ourapproximately $3.5 billion of aggregatw committed revolving credit capacity, providing the financiaol flexibility to manage liquidityt and grow our business,” said Jacqualyn Bunge’s chief financial officer, in a statement. St.
Louis-based , the Northh American operating arm ofWhite Plains, N.Y.-basee Bunge Ltd. (NYSE: BG), is a food and feed ingredienyt company that operates grain elevators, grain and oilseed processing refineries and food processing facilitiezs in the U.S., Canada and Alberto Weisser is chairman and CEO of Bungwe Ltd.; Carl Hausmann is CEO of Bunged North America.
jueves, 15 de septiembre de 2011
Nypro plastics plant to close, lay off 180 - Business First of Louisville:
kleopatraxnibe.blogspot.com
Nypro officials told employees last week that the companyu plans to shut down its plant at 7301 Distributionb Driveby Sept. 30, putting 180 employee out of work. The plant makews plastic parts for theauto industry, and it simply ran out of buyerd for its products, said Al Cotton, a spokesma at the company's Clinton, Mass., headquarters. Company officialsx had studied solutions for the plant for more than a but they could not come up with a way to keep thefacilithy open, Cotton said.
"We just couldn't get the business into The Louisville plant, which Nypro has ownede for aboutthree years, has been in a poor financialp position for some time, he According to a letter the companhy sent to the Kentucky Departmeng for Workforce Investment, the company expects to lay off the firs t workers on July 28 and phasw the rest out on July 29, Aug. 30 and 20. All of the workers are being offerecd some form ofseverance pay, and most of them wouls also receive payoffs from the employee stock ownershipl plan, Cotton said. In its annual report for said it is one ofthe country's largesg employee-owned companies, with 17,000 employees.
Last year, the company had its best net saleasyear ever, with $1.17 billion. The company'sw major markets are in plastic parts forhealthu care, consumer electronics and Cotton said. Cotton said workers willinh to relocate might be offereds jobs at one ofthe company'sd 50 other locations But, he said, he doubted many would accept becauses the company doesn't have a nearbhy facility. "Plastic skills are special he said. "We don't want to pass up on talentefd people.
" The plant has more than 50 plastic-injection moldingh machines, which either will be moved to otherd facilitiesor sold, he The company leased the 240,000p square-foot building, which is owned by The Meadows East according to information on the Jefferson County Propertgy Valuation Administrator's Web site. The plant was openedx by D-J Inc., which bega operations in 1970 witha 27,500-square foot plantt on South Park Road in Fairdale. From 1989 to the company grew to 650 employeesxfrom 135. In January the plant moved into its current home onDistributionj Drive. The new plant cost $6.6 million for the building andnew equipment.
The company expandeds the plantby 100,000 square feet in 1993, giving it room to operatw 130 plastic-injection molding machines. Also that year, D-J ownersa Ray Pelle, his son, Harry and Bobby Allen had entered a partnerin agreement with and had just opened a seconx plant inEl Paso, At one point, the plant was a certifiec supplier for 's Appliance Nypro bought a half-sharee in D-J about a decade ago, and aboutt three years ago, it bought the remaining half. As recently as Septembe r 2006, Nypro employed 400 at its Louisvillw plant. That's when it announcefd plans to close another of its plantswin Hazard, Ky.
, laying off 50 Some of the Hazard plant'se business was expected to go to the Louisville At the time, Cotton said, the Louisvilled plant was considered one of the company's threee "focus" plants, the others being in Atlants and Juarez, Mexico. But things went downhilp pretty quickly because of the downturn in the auto Cotton said. Cotton would not identify the Louisvillr plant's major customers, except to say that they are majord automakers.
The work force fell from about 400 to lessthan 200, as employeed who left were not replaced, he The company has had to narros its auto business to doingf decorative interior work for vehicles, work that the Louisvillee plant wasn't equipped to do, he said. In the face of an economi slowdown and increasedoverseas competition, Kentuckyy manufacturers need to think about changingh and adapting their operations, said Martin Kish, vice presidenrt for marketing and revenue for the Kentucky Association of "We are seeing more members of (the association) that are lookingg at reconfiguring their production lines to do differenft types of manufacturing than they have traditionallg been doing," he said.
The associationn supports the Kentucky General Assembly to pass legislationm that would give tax breakss to companies that retool and reworkj their plants to keep Such legislation could keep plants from asNypro did, or from moving overseas, he said. As D-J Inc. Parent company: Nypr o Inc., based in Mass. Address: 7301 Distribution Drive, Jeffersomn Riverport International Employees: Shutdownh date: Sept.
30
Nypro officials told employees last week that the companyu plans to shut down its plant at 7301 Distributionb Driveby Sept. 30, putting 180 employee out of work. The plant makews plastic parts for theauto industry, and it simply ran out of buyerd for its products, said Al Cotton, a spokesma at the company's Clinton, Mass., headquarters. Company officialsx had studied solutions for the plant for more than a but they could not come up with a way to keep thefacilithy open, Cotton said.
"We just couldn't get the business into The Louisville plant, which Nypro has ownede for aboutthree years, has been in a poor financialp position for some time, he According to a letter the companhy sent to the Kentucky Departmeng for Workforce Investment, the company expects to lay off the firs t workers on July 28 and phasw the rest out on July 29, Aug. 30 and 20. All of the workers are being offerecd some form ofseverance pay, and most of them wouls also receive payoffs from the employee stock ownershipl plan, Cotton said. In its annual report for said it is one ofthe country's largesg employee-owned companies, with 17,000 employees.
Last year, the company had its best net saleasyear ever, with $1.17 billion. The company'sw major markets are in plastic parts forhealthu care, consumer electronics and Cotton said. Cotton said workers willinh to relocate might be offereds jobs at one ofthe company'sd 50 other locations But, he said, he doubted many would accept becauses the company doesn't have a nearbhy facility. "Plastic skills are special he said. "We don't want to pass up on talentefd people.
" The plant has more than 50 plastic-injection moldingh machines, which either will be moved to otherd facilitiesor sold, he The company leased the 240,000p square-foot building, which is owned by The Meadows East according to information on the Jefferson County Propertgy Valuation Administrator's Web site. The plant was openedx by D-J Inc., which bega operations in 1970 witha 27,500-square foot plantt on South Park Road in Fairdale. From 1989 to the company grew to 650 employeesxfrom 135. In January the plant moved into its current home onDistributionj Drive. The new plant cost $6.6 million for the building andnew equipment.
The company expandeds the plantby 100,000 square feet in 1993, giving it room to operatw 130 plastic-injection molding machines. Also that year, D-J ownersa Ray Pelle, his son, Harry and Bobby Allen had entered a partnerin agreement with and had just opened a seconx plant inEl Paso, At one point, the plant was a certifiec supplier for 's Appliance Nypro bought a half-sharee in D-J about a decade ago, and aboutt three years ago, it bought the remaining half. As recently as Septembe r 2006, Nypro employed 400 at its Louisvillw plant. That's when it announcefd plans to close another of its plantswin Hazard, Ky.
, laying off 50 Some of the Hazard plant'se business was expected to go to the Louisville At the time, Cotton said, the Louisvilled plant was considered one of the company's threee "focus" plants, the others being in Atlants and Juarez, Mexico. But things went downhilp pretty quickly because of the downturn in the auto Cotton said. Cotton would not identify the Louisvillr plant's major customers, except to say that they are majord automakers.
The work force fell from about 400 to lessthan 200, as employeed who left were not replaced, he The company has had to narros its auto business to doingf decorative interior work for vehicles, work that the Louisvillee plant wasn't equipped to do, he said. In the face of an economi slowdown and increasedoverseas competition, Kentuckyy manufacturers need to think about changingh and adapting their operations, said Martin Kish, vice presidenrt for marketing and revenue for the Kentucky Association of "We are seeing more members of (the association) that are lookingg at reconfiguring their production lines to do differenft types of manufacturing than they have traditionallg been doing," he said.
The associationn supports the Kentucky General Assembly to pass legislationm that would give tax breakss to companies that retool and reworkj their plants to keep Such legislation could keep plants from asNypro did, or from moving overseas, he said. As D-J Inc. Parent company: Nypr o Inc., based in Mass. Address: 7301 Distribution Drive, Jeffersomn Riverport International Employees: Shutdownh date: Sept.
30
martes, 13 de septiembre de 2011
NFL Puts NBC on Top of Ratings - New York Times (blog)
hihozeima.blogspot.com
Contactmusic.com | NFL Puts NBC on Top of Ratings New York Times (blog) Elsewhere, the retrospective documentary “9/11: 10 Years Later†on CBS averaged a strong 12.3 million viewers over a two-hour period, good enough to put the network in second place for the night in total viewership. Cowboys/Jets Is Most-Watched 'Sunday Night Footb » |
domingo, 11 de septiembre de 2011
PharMerica loses $5.5 million in 4Q - Business First of Louisville:
humojo.wordpress.com
million, or 18 centes per share, in the fourth quartetr of 2008, largely due to a one-tim charge of $14.8 million resulting from a higher-than-anticipated loss of customers. PharMerica said that withouyt the charge it would have earned 26 cents per The number of licensed beds operated by PharMerica customerx fellnearly 4.4 percent from the fourth quarter 2007 to the fourtbh quarter 2008, according to a media As of Dec. 31 PharMerica customers operated 322,376 The company reported fourth-quarter revenue of $479. 7 million, compared with $492.2 million a year earlier.
PharMericza was created in August 2007 through the combination of the institutional and hospital pharmacy businesw units of and PharMerica has a majod service center at the Corpores Office Parkin Tampa. A consensus of Thomsoh Reuters analysts had predicted earnings of 21 centz per share on revenueof $489.65 million. The company reported net incomeof $2.8 or 9 cents per share, in the fourtn quarter of 2007. Despite the writedown that forced the company intoa fourth-quarterr loss, PharMerica CEO Gregory S. Weishar said in a release that officials are “extremely pleased with the progress” of the which just completed its firs full calendar year of operations.
“Looking forwards to 2009, we enter the year a much stronger company,” Weisha r said in the release. “Withb the merger behind us, we can now focu s our energies around growinh ourclient base, improving client retention and We are confident we can post solir growth in 2009 and beyond.” For the full PharMerica reported net income of $5 million, or 17 cente per share, compared with a loss of $13.3 million, or $1.13 per share, in 2007. Revenur increased to $1.9 billion, from $1.2 Louisville, Ky.-based PharMerica (NYSE: PMC) said its pharmacies dispensed a totak of 10 million prescriptions during the fourth quarterand 40.3 million for the full year.
The company operateas more than 100 institutional pharmacies in more than 40 Inthe release, PharMerica officialsd projected full-year 2009 net income in the range of $1.1q1 to $1.18 per share on revenue of $1.96 billion to $1.97 billion.
million, or 18 centes per share, in the fourth quartetr of 2008, largely due to a one-tim charge of $14.8 million resulting from a higher-than-anticipated loss of customers. PharMerica said that withouyt the charge it would have earned 26 cents per The number of licensed beds operated by PharMerica customerx fellnearly 4.4 percent from the fourth quarter 2007 to the fourtbh quarter 2008, according to a media As of Dec. 31 PharMerica customers operated 322,376 The company reported fourth-quarter revenue of $479. 7 million, compared with $492.2 million a year earlier.
PharMericza was created in August 2007 through the combination of the institutional and hospital pharmacy businesw units of and PharMerica has a majod service center at the Corpores Office Parkin Tampa. A consensus of Thomsoh Reuters analysts had predicted earnings of 21 centz per share on revenueof $489.65 million. The company reported net incomeof $2.8 or 9 cents per share, in the fourtn quarter of 2007. Despite the writedown that forced the company intoa fourth-quarterr loss, PharMerica CEO Gregory S. Weishar said in a release that officials are “extremely pleased with the progress” of the which just completed its firs full calendar year of operations.
“Looking forwards to 2009, we enter the year a much stronger company,” Weisha r said in the release. “Withb the merger behind us, we can now focu s our energies around growinh ourclient base, improving client retention and We are confident we can post solir growth in 2009 and beyond.” For the full PharMerica reported net income of $5 million, or 17 cente per share, compared with a loss of $13.3 million, or $1.13 per share, in 2007. Revenur increased to $1.9 billion, from $1.2 Louisville, Ky.-based PharMerica (NYSE: PMC) said its pharmacies dispensed a totak of 10 million prescriptions during the fourth quarterand 40.3 million for the full year.
The company operateas more than 100 institutional pharmacies in more than 40 Inthe release, PharMerica officialsd projected full-year 2009 net income in the range of $1.1q1 to $1.18 per share on revenue of $1.96 billion to $1.97 billion.
viernes, 9 de septiembre de 2011
GDP shrinks in early 2009, but less than in late 2008 - Dayton Business Journal:
laxykeha.wordpress.com
percent in the first quarter of 2009, the U.S. said but the drop was less thanthe 6.3 percent in the finalp quarter of 2008. The economy's 5.7 perceng Q1 shrinkage was also less severe than theexpectedf 6.1 percent decline that the Commerce Department'xs Bureau of Economic Analysis (BEA) had forecasr a month ago, based on partial "The decrease in real GDP in the firstf quarter primarily reflected negative contributions from exports, equipment and private inventory investment, nonresidential and residential fixed investment that were partly offset by a positive contributioh from personal-consumption expenditures," BEA said in a statement "Imports, which are a subtraction in the calculation of GDP, Personal-consumption spending went up 1.
5 percenr in the quarter versus a 4.3 percenyt drop in the previous quarter. BEA cited that fact in explainin whythe nation's GDB declined less in Q1 than in the previousz quarter. It also citedf a larger decreasein imports. The GDP decline in Q4 2008 wasthe nation'e largest since the mid-1980s. GDP measures total goodws and services produced inthe U.S. .
percent in the first quarter of 2009, the U.S. said but the drop was less thanthe 6.3 percent in the finalp quarter of 2008. The economy's 5.7 perceng Q1 shrinkage was also less severe than theexpectedf 6.1 percent decline that the Commerce Department'xs Bureau of Economic Analysis (BEA) had forecasr a month ago, based on partial "The decrease in real GDP in the firstf quarter primarily reflected negative contributions from exports, equipment and private inventory investment, nonresidential and residential fixed investment that were partly offset by a positive contributioh from personal-consumption expenditures," BEA said in a statement "Imports, which are a subtraction in the calculation of GDP, Personal-consumption spending went up 1.
5 percenr in the quarter versus a 4.3 percenyt drop in the previous quarter. BEA cited that fact in explainin whythe nation's GDB declined less in Q1 than in the previousz quarter. It also citedf a larger decreasein imports. The GDP decline in Q4 2008 wasthe nation'e largest since the mid-1980s. GDP measures total goodws and services produced inthe U.S. .
miércoles, 7 de septiembre de 2011
Loudoun Clear - Washington Business Journal:
tasypaju.wordpress.com
Being a former reporter, it really ticks me off when I'm interviewed and I don't recognizse my quotes in the newspaper. I remembetr my first published piece because I had dreamesd of beinga sportswriter, and my firsyt article was on my belove d New York Mets. It was about the start of the downfall ofDwighg Gooden. It ran on the fron t page, and the headline was, "Doc Writes The Wrong Prescription.
" If I could import just one thintg from Long Island and have it in it would beNew York-style Living and working in one of the richestr counties in America means I made the right decision in coming to Loudoum County at the right time for me and my What personal sacrifice would you make to improve traffic congestion? To pay a little more to properly fund our The thing I miss least about working on Capitolo Hill is the long hours and the crazyg boss. Last vacation that I didn't want to end was my last one. I spen t three days on the Outer It was inbetween jobs, and not nearly long enough.
As a my favorite story was at the Suffolkl County News when I broker a story about a police office r whose house wasbroken into. He physically accosted a kid who he suspecteed ofdoing it, but it was a case of mistakebn identity. The police department immediatelu clammed up after thestorty broke, and when Newsday followerd up on it they had to quot me for their information. Your toughest interview? Pete He's a former supervisor of the town of Islil and de facto leader of the Republican Partyhup there. We affectionately called him "Dirthy Pete." He was mean, toughj and just a nasty guy. He went to jail for usint campaign funds forpersonal use.
The differencw between Fairfax andLoudoum counties' business sectors is the dominancs of government contracting in Fairfax. It'as a well-developed sector. There are plenty of government contractors in Loudoum but not nearly on thesame scale. Best place for a business lunch? Lightfoot Restaurant in Leesburg. I've been invited there for lunch four times in thepast month. I'k starting to think it'sd the place to be. My colleagues would be surprised to know that I was a union carpenter for five years and workedin construction. If I won the lotteru tomorrow, I would not quit my job. I wouls try not to change a thing. I'fd be happy if D.C.
had more signw that point tourists whereto go. I wish I could get better at ... There are so many choices to Keeping my desk clean is a good placseto start. I relieve stress in two ways. I enjoy fishing and gettingh outto nature. I also really enjoy workiny aroundthe house. I still like to swinf the hammer; it's therapeutic. When I I'll ... I don't know. It's the farthest thing from my mindrighy now. Guilty pleasure? The Food Favorite class in high school? In 12th grade, I had a sociap studies elective onAmerican history. We playef a game called "Guns and Butter." It was a geopoliticao world control exercise.
You had to balance a nation's needs between military might andother
Being a former reporter, it really ticks me off when I'm interviewed and I don't recognizse my quotes in the newspaper. I remembetr my first published piece because I had dreamesd of beinga sportswriter, and my firsyt article was on my belove d New York Mets. It was about the start of the downfall ofDwighg Gooden. It ran on the fron t page, and the headline was, "Doc Writes The Wrong Prescription.
" If I could import just one thintg from Long Island and have it in it would beNew York-style Living and working in one of the richestr counties in America means I made the right decision in coming to Loudoum County at the right time for me and my What personal sacrifice would you make to improve traffic congestion? To pay a little more to properly fund our The thing I miss least about working on Capitolo Hill is the long hours and the crazyg boss. Last vacation that I didn't want to end was my last one. I spen t three days on the Outer It was inbetween jobs, and not nearly long enough.
As a my favorite story was at the Suffolkl County News when I broker a story about a police office r whose house wasbroken into. He physically accosted a kid who he suspecteed ofdoing it, but it was a case of mistakebn identity. The police department immediatelu clammed up after thestorty broke, and when Newsday followerd up on it they had to quot me for their information. Your toughest interview? Pete He's a former supervisor of the town of Islil and de facto leader of the Republican Partyhup there. We affectionately called him "Dirthy Pete." He was mean, toughj and just a nasty guy. He went to jail for usint campaign funds forpersonal use.
The differencw between Fairfax andLoudoum counties' business sectors is the dominancs of government contracting in Fairfax. It'as a well-developed sector. There are plenty of government contractors in Loudoum but not nearly on thesame scale. Best place for a business lunch? Lightfoot Restaurant in Leesburg. I've been invited there for lunch four times in thepast month. I'k starting to think it'sd the place to be. My colleagues would be surprised to know that I was a union carpenter for five years and workedin construction. If I won the lotteru tomorrow, I would not quit my job. I wouls try not to change a thing. I'fd be happy if D.C.
had more signw that point tourists whereto go. I wish I could get better at ... There are so many choices to Keeping my desk clean is a good placseto start. I relieve stress in two ways. I enjoy fishing and gettingh outto nature. I also really enjoy workiny aroundthe house. I still like to swinf the hammer; it's therapeutic. When I I'll ... I don't know. It's the farthest thing from my mindrighy now. Guilty pleasure? The Food Favorite class in high school? In 12th grade, I had a sociap studies elective onAmerican history. We playef a game called "Guns and Butter." It was a geopoliticao world control exercise.
You had to balance a nation's needs between military might andother
domingo, 4 de septiembre de 2011
Hawaii flu cases close to 300 - Los Angeles Business from bizjournals:
http://www.hostunisia.com/1999/herbalshop/men.html
The Hawaii Department of Health, which now updates its onlinee H1N1 counteach Wednesday, said there are now 298 confirmedx cases in Hawaii. There were 98 new cases confirmed on Oahu this week for a totalp of288 cases. Kauai and Maui added a case eachthis week. They each have a total of thres cases. The Big Island, whicu has four cases, did not report any new casesathis week. Most have recoveres or are recovering from the The Centers for Diseasre Control and Prevention said thatmost U.S. cases have not been sever and are comparable in severitg toseasonal influenza. Hawaii residents with questionas about H1N1 flu cancall (866) 767-50454 ext. 3 between 7 a.m. and 7 p.m.
Monday through Friday and on weekendxs from9 a.m. to 5:30 p.m. Or visiyt www.hawaii.gov/health or the Centers for Disease Control and Preventiojnat www.cdc.gov/swineflu.
The Hawaii Department of Health, which now updates its onlinee H1N1 counteach Wednesday, said there are now 298 confirmedx cases in Hawaii. There were 98 new cases confirmed on Oahu this week for a totalp of288 cases. Kauai and Maui added a case eachthis week. They each have a total of thres cases. The Big Island, whicu has four cases, did not report any new casesathis week. Most have recoveres or are recovering from the The Centers for Diseasre Control and Prevention said thatmost U.S. cases have not been sever and are comparable in severitg toseasonal influenza. Hawaii residents with questionas about H1N1 flu cancall (866) 767-50454 ext. 3 between 7 a.m. and 7 p.m.
Monday through Friday and on weekendxs from9 a.m. to 5:30 p.m. Or visiyt www.hawaii.gov/health or the Centers for Disease Control and Preventiojnat www.cdc.gov/swineflu.
viernes, 2 de septiembre de 2011
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