caloloary.blogspot.com
is a boutique firm -- a platformn that “has its pluses and said Jagtiani, who founded the firm in 1996. “It’w good at what it does but is limited in what itcan Jagtiani+Guttag’s handful of lawyers interviewed 64 law firms over the past two years to find the right place to take theif clients to. Jagtiani said it was tough findingf a right match for his unusualofirm -- a small intellectual property boutique firm. “Vedder Price was a good, solid fit,” said which has clients such areaaas diagnostics, genomics, and immunotherapy.
“We brough chemistry and biotechnology and they added substantial capabilitiesto Vedder, a 250-attorney firm with othere offices in Chicago and New York, offer s a complete range of IP services, includingt patents, trademarks and copyrights, as well as intellectual property litigation. The attornegy trio -- all registered to practicw withthe U.S. Patent and Trademark Office -- is alreadgy working for Vedder, but Jagtiani+Guttag on Democracy Lane is still beinv wound down and will officially close in acouple months.
Tuesday, November 29, 2011
Saturday, November 26, 2011
Nonprofits brace for budget emergency aftershocks, IOUs - Atlanta Business Chronicle:
fixyruw.wordpress.com
While service providers don’t yet know whether they’ll receivde IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santa Clara, is preparex for the worst. “We receive about $400,000 in state Harlan said. “We’re already accustomefd to getting money from the statelate — last for example, it took until December befores we finally got paid.” For this year and last year the center has relied on a $150,000 line of credirt through to cover the gap, alongv with $500,000 out of its reservw funds. The center’s operating budget is $10 milliomn for fiscal 2009-10.
The money that may be on hold from thestatwe covers, in part, the center’d shelter and drop-in program, streett outreach, and parenting classes. “The problem righty now is thatwe don’t know for certain how much they’rd going to hold back,” said Harlan, who has been with the centefr for 26 years. “But this is by far the worstg I’ve ever seen.” In anticipation of the state’x budget problems, 10 percent cuts have already been plannefdfor foster-care payments. Locally there are 300 to 400 kids infoster care.
Foster care rates are the same across the state, so families in high-cost areasx such as the Bay Area get the same amounty of compensation as people in more affordablre places. “We’re fronting half a million dollarws already,” she said. It’s a layeref problem for the center, since in additiobn to state money some comes from the federal Housing and UrbanDevelopmentf department. And Harlan said HUD is so slow it can take up to six monthz for payments tobe received. “We’re hoping to get paid by she said.
“Nonprofits are just getting Harlan said the Bill Wilson Cented has closed down two programs already and cut about 15 percen t ofits staff, leaving aboutf 110 employees. These are real she pointed out — not attrition or open jobs and “heartbreaking” to do. “We had to give one stafd person a layoff notice and a week later his wife was laid off fromanothef nonprofit,” she said. in Campbell gets about $500,00p0 a year from the state for itsAIDS services.
CFO Ira Holtzma n said the agency is large enough and financially stable enough that he wouldf just book an IOU as accounts receivablwe and hope the money came through TheHealth Trust’s budget for fisca l year 2010 is more than $16 Holtzman said. Pam Brandin, executive director of and Visually which has offices in Palo Alto andSanta Cruz, said that even thoughh her agency provides the kind of serviceds that are especially at risk in Statr Controller John Chiang’s plan, the Vist a Center is relatively “We receive money through Title 7 Chapter 2 Brandin explained.
“Since much of our funding is federalmoneyh we’re hoping that it has to be released and passef on; the state won’t be allowed to hold on to The Vista Center also has school contracts through special education funding. “Last year when the statw had similar budget issueswe didn’ft receive any IOUs,” she “but that situation was resolvesd sooner than this appears to be. The agencies that receivee IOUsprobably won’t even know they’r coming until they submit their bills.
” She’se also banking on Vista Center’s status as a preferred vendofr with the state, “so we’ll be paid in advancer of other vendors — if in fact the state is even writiny checks.” Lisa Hendrickson, president & CEO of Avenidas Rose Kleinetr Senior Day Health Center in Palo is also cautiously optimistic. “The only funds we receive from the state are MediCa payments for services providex at our adultdaycare center,” she said. “Our understandinhg is that those services are protected by the state constitution as well asfederal law. We do receivd funding indirectly throughthe county, but we don’tg expect that to be affected.
” Tom Kinoshita, publixc policy director of the , said peopld are on pins and needles. “Everyone’s sitting around not knowing what’s going to happen. But even with the most optimisticxoutcome it’s still going to be very ugly.” He pointed out that the deficigt last year for Santa Clara County was more than $270 and many of the cuts were made in programx around health, mental health, drugs and alcohok and social services.
And there’s no relieff on the horizon: For 2011 the count is looking at a deficit ofabout $250 million, he
While service providers don’t yet know whether they’ll receivde IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santa Clara, is preparex for the worst. “We receive about $400,000 in state Harlan said. “We’re already accustomefd to getting money from the statelate — last for example, it took until December befores we finally got paid.” For this year and last year the center has relied on a $150,000 line of credirt through to cover the gap, alongv with $500,000 out of its reservw funds. The center’s operating budget is $10 milliomn for fiscal 2009-10.
The money that may be on hold from thestatwe covers, in part, the center’d shelter and drop-in program, streett outreach, and parenting classes. “The problem righty now is thatwe don’t know for certain how much they’rd going to hold back,” said Harlan, who has been with the centefr for 26 years. “But this is by far the worstg I’ve ever seen.” In anticipation of the state’x budget problems, 10 percent cuts have already been plannefdfor foster-care payments. Locally there are 300 to 400 kids infoster care.
Foster care rates are the same across the state, so families in high-cost areasx such as the Bay Area get the same amounty of compensation as people in more affordablre places. “We’re fronting half a million dollarws already,” she said. It’s a layeref problem for the center, since in additiobn to state money some comes from the federal Housing and UrbanDevelopmentf department. And Harlan said HUD is so slow it can take up to six monthz for payments tobe received. “We’re hoping to get paid by she said.
“Nonprofits are just getting Harlan said the Bill Wilson Cented has closed down two programs already and cut about 15 percen t ofits staff, leaving aboutf 110 employees. These are real she pointed out — not attrition or open jobs and “heartbreaking” to do. “We had to give one stafd person a layoff notice and a week later his wife was laid off fromanothef nonprofit,” she said. in Campbell gets about $500,00p0 a year from the state for itsAIDS services.
CFO Ira Holtzma n said the agency is large enough and financially stable enough that he wouldf just book an IOU as accounts receivablwe and hope the money came through TheHealth Trust’s budget for fisca l year 2010 is more than $16 Holtzman said. Pam Brandin, executive director of and Visually which has offices in Palo Alto andSanta Cruz, said that even thoughh her agency provides the kind of serviceds that are especially at risk in Statr Controller John Chiang’s plan, the Vist a Center is relatively “We receive money through Title 7 Chapter 2 Brandin explained.
“Since much of our funding is federalmoneyh we’re hoping that it has to be released and passef on; the state won’t be allowed to hold on to The Vista Center also has school contracts through special education funding. “Last year when the statw had similar budget issueswe didn’ft receive any IOUs,” she “but that situation was resolvesd sooner than this appears to be. The agencies that receivee IOUsprobably won’t even know they’r coming until they submit their bills.
” She’se also banking on Vista Center’s status as a preferred vendofr with the state, “so we’ll be paid in advancer of other vendors — if in fact the state is even writiny checks.” Lisa Hendrickson, president & CEO of Avenidas Rose Kleinetr Senior Day Health Center in Palo is also cautiously optimistic. “The only funds we receive from the state are MediCa payments for services providex at our adultdaycare center,” she said. “Our understandinhg is that those services are protected by the state constitution as well asfederal law. We do receivd funding indirectly throughthe county, but we don’tg expect that to be affected.
” Tom Kinoshita, publixc policy director of the , said peopld are on pins and needles. “Everyone’s sitting around not knowing what’s going to happen. But even with the most optimisticxoutcome it’s still going to be very ugly.” He pointed out that the deficigt last year for Santa Clara County was more than $270 and many of the cuts were made in programx around health, mental health, drugs and alcohok and social services.
And there’s no relieff on the horizon: For 2011 the count is looking at a deficit ofabout $250 million, he
Thursday, November 24, 2011
Fed expects little inflation - New Mexico Business Weekly:
http://www.conyersschoolofballet.com/store2/clubglove-stand-copyx1x.html
The Fed’s benchmark interest rate was held steady in a rangd of 0to 0.25 percent. The Fed “continues to anticipatw that economic conditions are likely to warrant exceptionallh low levels of the federal funds rate for anextendee period,” it said in a statement releasesd following its meeting. Despite risinh energy and commodity “the committee expects that inflation will remain subduesd forsome time,” the statementy said. The Federal Reserve also left its bond purchaseeplans unchanged, repeating its commitment to buy up to $1.
255 trillion of agency mortgage-backe securities and up to $200 billion of agency debt by the end of the The Federal Reserve also will buy up to $300 billion of Treasury securities by autumn. The Fed now believezs the pace of economic contraction is citing further signs of household spending stabilizinfg and improving conditions in thefinancial markets. Amonfg economic reports that may supportthe Fed’sd belief that the economy will soon be on the mend was the latestr data on factory orders, showing orders for durablw goods unexpectedly rose in May for the secon consecutive month.
The Fed’s benchmark interest rate was held steady in a rangd of 0to 0.25 percent. The Fed “continues to anticipatw that economic conditions are likely to warrant exceptionallh low levels of the federal funds rate for anextendee period,” it said in a statement releasesd following its meeting. Despite risinh energy and commodity “the committee expects that inflation will remain subduesd forsome time,” the statementy said. The Federal Reserve also left its bond purchaseeplans unchanged, repeating its commitment to buy up to $1.
255 trillion of agency mortgage-backe securities and up to $200 billion of agency debt by the end of the The Federal Reserve also will buy up to $300 billion of Treasury securities by autumn. The Fed now believezs the pace of economic contraction is citing further signs of household spending stabilizinfg and improving conditions in thefinancial markets. Amonfg economic reports that may supportthe Fed’sd belief that the economy will soon be on the mend was the latestr data on factory orders, showing orders for durablw goods unexpectedly rose in May for the secon consecutive month.
Tuesday, November 22, 2011
Kansas Big Brothers wins business excellence award - Kansas City Business Journal:
jabire2389.blogspot.com
The nonprofit organization is one of four winnerds in thesouthcentral region. the department of commerce awarded 28 companies the business excellence awarde as part of businessappreciation • in Augusta. • in El • in Hillsboro. Bob regional project manager with the Kansaes Departmentof Commerce, presented Kansas Big Brotherxs the award during a reception Tuesdat evening at its Sedgwick County office in Wichita.
“z lot of what they do goes beyonfd workingwith kids,” he “There’s a well-rounded participation in the Nearly 180 businesses statewide were nominated in one of four including manufacturing and distribution, service, retail and hospitak and nonprofit. Dawn DeArmond, president and CEO of Kansass Big BrothersBig Sisters, says winning the award is a reflection of the efforts of the organization as a its board members and donors. “We are so honoredc that the Kansas Department of Commercd is recognizing the valuee of the services we provide to Kansas she says. “Being a nonprofit, it’s important for us to be recognizee asa business.
” Kansas Big Brothers serves more than 6,500p children annually. “There’s never a shortagd of children that couldr use agood mentor,” says boar member Phil Neff, who has been a big brother for the past three Neff is a retired presidenrt and CEO of the . As part of business appreciation the department of commerc e also honored more than 150 businesses statewidwe withmerit awards.
The nonprofit organization is one of four winnerds in thesouthcentral region. the department of commerce awarded 28 companies the business excellence awarde as part of businessappreciation • in Augusta. • in El • in Hillsboro. Bob regional project manager with the Kansaes Departmentof Commerce, presented Kansas Big Brotherxs the award during a reception Tuesdat evening at its Sedgwick County office in Wichita.
“z lot of what they do goes beyonfd workingwith kids,” he “There’s a well-rounded participation in the Nearly 180 businesses statewide were nominated in one of four including manufacturing and distribution, service, retail and hospitak and nonprofit. Dawn DeArmond, president and CEO of Kansass Big BrothersBig Sisters, says winning the award is a reflection of the efforts of the organization as a its board members and donors. “We are so honoredc that the Kansas Department of Commercd is recognizing the valuee of the services we provide to Kansas she says. “Being a nonprofit, it’s important for us to be recognizee asa business.
” Kansas Big Brothers serves more than 6,500p children annually. “There’s never a shortagd of children that couldr use agood mentor,” says boar member Phil Neff, who has been a big brother for the past three Neff is a retired presidenrt and CEO of the . As part of business appreciation the department of commerc e also honored more than 150 businesses statewidwe withmerit awards.
Sunday, November 20, 2011
NBC Universal, Microsoft strike ad alliance - Washington Business Journal:
chauezhelolocu1622.blogspot.com
Terms of the deal were not disclosed. Admirza analyzes demographic data on viewers to generatw more targeted TV ads and also adds automatiomn to thebuying process. The two companiesd tested the system, using Admira with the NBC Local Media group in Marcn to buy and sell local television ads inLos "Our initial test of the system in L.A. is off to a greayt start. Admira provides us with the potentiak to help attract an entirelyh new segment of advertisers to thelocalp marketplace, particularly small and midsize businesses that might not otherwisd be able to buy local television stationj advertising, which is a huge leap forward.
" Frankl Comerford, president of platform developmenf and commercial operations for NBC Local Media, said in a The full partnership is set to begij in the fall. The two giants are more knownj through their linkthrough
Terms of the deal were not disclosed. Admirza analyzes demographic data on viewers to generatw more targeted TV ads and also adds automatiomn to thebuying process. The two companiesd tested the system, using Admira with the NBC Local Media group in Marcn to buy and sell local television ads inLos "Our initial test of the system in L.A. is off to a greayt start. Admira provides us with the potentiak to help attract an entirelyh new segment of advertisers to thelocalp marketplace, particularly small and midsize businesses that might not otherwisd be able to buy local television stationj advertising, which is a huge leap forward.
" Frankl Comerford, president of platform developmenf and commercial operations for NBC Local Media, said in a The full partnership is set to begij in the fall. The two giants are more knownj through their linkthrough
Friday, November 18, 2011
YRC Worldwide sells HQ to load up more cash - Kansas City Business Journal:
ignatiywulyxura.blogspot.com
But it didn’t go far. A group of locall investors led by Ken Block andStevew Block, principals of Kansas City real estate firm , boughtr the Overland Park headquarters in a sale-leasebac deal that includes a potential 30-year lease for YRC. The company did not disclos the price or and Ken Block saidhe couldn’t comment becauses of a confidentiality agreement, but a YRC Securities and Exchange Commissionh filing suggests the purchas price was $22.5 million. Johnson Countyh lists the property’s appraised value at closse to $25 million.
“The monetizatiomn of real estate assets is a part ofYRC Worldwide’sd ongoing financial strategy to weather the (economic) recession and enhancd its liquidity position,” YRC said in a statement e-mailed to the Kansas City Business Journal . “The YRC Worldwide corporate headquarters is and will continur to be located in theOverlanc Park, Kan., location.” YRC said the deal was part of $176 milliomn in property sales and sale-leasebacksa completed in the first quarter, which ended Marchy 31. But according to the , the deal closerd May 1. The lease has an initial term of 10 plustwo 10-year renewal options, YRC said. The sale included two the company said.
Appraiser’s office records list the property as havinb a total building areaof 295,000 square feet, builft in 1972, on 21.5 acres. The transactionn appears to be reflectedin YRC’ s first-quarter SEC filing as a March 31 officse complex deal for $22.5 million, whichh minus transaction costs equaled $19.89 million. Annual lease payments will be abouy $3.4 million. However, the assets and long-term debt in the amoungt of the proceeds remaion YRC’s balance sheet.
Half the proceedsw went into anescrow account; the rest were used to pay down YRC’e credit facility, the filing The price, about $76 a square is consistent with that of older Class B officw properties in Southern Johnson County, said Tim executive vice president of . Officwe buildings in that area can rangefrom $70 to $160 a squarew foot for Class B-minus through Class A spac and various tenant situations, he The property never was publicly on the market, Schaffe said. Other price factors includ e the tenant’s credit, the reuse potential of buildings, the risk the buildings’ age, the agreed-upon rent, and taxes and operatinhg costs.
“You’ve got to assume when you’re buyinfg it that you’ve got a good ulterior plan in case thatcompanhy doesn’t exist at some poin during that 30-year Schaffer said. “It speaks to the quality of the locatiojn for a group to take that levekof risk.” The which looms over Interstate 435 on Roe Avenue, offersd “some pretty amazing opportunities that don’t exist anywherr else in a mature environment like that,” he Analyst David Silver of said YRC’s property salex provide vital liquidity in the short term.
Long term, they force YRC to focux on its core holdings and integrate into a solid company, he YRC seems to be accepting low offers, said who doesn’t own YRC “People that they’re selling to see blood in the watert — they’re really taking advantage,” he said. “Threse years ago, if they had they would have gotten muchbetter values. But they’rre getting somewhat fair values.” YRC — whicu posted a $257.
4 million loss in the first quartet — has cut wages in exchange for ownership in the eliminated thousandsof jobs, amenderd bank covenants and begun negotiating to defer $120 million in union pension fund payments using real estatwe as collateral. With slumping freight the company accelerated the integration of creating excess propertyand layoffs. In the seconx quarter, YRC expects to do aboug $200 million in sale-leasebacks, Chairman and CEO Bill Zollars said in areceny presentation. The company plans at leasrt $100 million in excess property salethis year, he said. Analyst Lee Klaskowq of , who doesn’t own YRC predicted earnings of 2 cents a share for allof 2010.
Silvef estimated a return to profitability by the seconx quarterof 2010.
But it didn’t go far. A group of locall investors led by Ken Block andStevew Block, principals of Kansas City real estate firm , boughtr the Overland Park headquarters in a sale-leasebac deal that includes a potential 30-year lease for YRC. The company did not disclos the price or and Ken Block saidhe couldn’t comment becauses of a confidentiality agreement, but a YRC Securities and Exchange Commissionh filing suggests the purchas price was $22.5 million. Johnson Countyh lists the property’s appraised value at closse to $25 million.
“The monetizatiomn of real estate assets is a part ofYRC Worldwide’sd ongoing financial strategy to weather the (economic) recession and enhancd its liquidity position,” YRC said in a statement e-mailed to the Kansas City Business Journal . “The YRC Worldwide corporate headquarters is and will continur to be located in theOverlanc Park, Kan., location.” YRC said the deal was part of $176 milliomn in property sales and sale-leasebacksa completed in the first quarter, which ended Marchy 31. But according to the , the deal closerd May 1. The lease has an initial term of 10 plustwo 10-year renewal options, YRC said. The sale included two the company said.
Appraiser’s office records list the property as havinb a total building areaof 295,000 square feet, builft in 1972, on 21.5 acres. The transactionn appears to be reflectedin YRC’ s first-quarter SEC filing as a March 31 officse complex deal for $22.5 million, whichh minus transaction costs equaled $19.89 million. Annual lease payments will be abouy $3.4 million. However, the assets and long-term debt in the amoungt of the proceeds remaion YRC’s balance sheet.
Half the proceedsw went into anescrow account; the rest were used to pay down YRC’e credit facility, the filing The price, about $76 a square is consistent with that of older Class B officw properties in Southern Johnson County, said Tim executive vice president of . Officwe buildings in that area can rangefrom $70 to $160 a squarew foot for Class B-minus through Class A spac and various tenant situations, he The property never was publicly on the market, Schaffe said. Other price factors includ e the tenant’s credit, the reuse potential of buildings, the risk the buildings’ age, the agreed-upon rent, and taxes and operatinhg costs.
“You’ve got to assume when you’re buyinfg it that you’ve got a good ulterior plan in case thatcompanhy doesn’t exist at some poin during that 30-year Schaffer said. “It speaks to the quality of the locatiojn for a group to take that levekof risk.” The which looms over Interstate 435 on Roe Avenue, offersd “some pretty amazing opportunities that don’t exist anywherr else in a mature environment like that,” he Analyst David Silver of said YRC’s property salex provide vital liquidity in the short term.
Long term, they force YRC to focux on its core holdings and integrate into a solid company, he YRC seems to be accepting low offers, said who doesn’t own YRC “People that they’re selling to see blood in the watert — they’re really taking advantage,” he said. “Threse years ago, if they had they would have gotten muchbetter values. But they’rre getting somewhat fair values.” YRC — whicu posted a $257.
4 million loss in the first quartet — has cut wages in exchange for ownership in the eliminated thousandsof jobs, amenderd bank covenants and begun negotiating to defer $120 million in union pension fund payments using real estatwe as collateral. With slumping freight the company accelerated the integration of creating excess propertyand layoffs. In the seconx quarter, YRC expects to do aboug $200 million in sale-leasebacks, Chairman and CEO Bill Zollars said in areceny presentation. The company plans at leasrt $100 million in excess property salethis year, he said. Analyst Lee Klaskowq of , who doesn’t own YRC predicted earnings of 2 cents a share for allof 2010.
Silvef estimated a return to profitability by the seconx quarterof 2010.
Wednesday, November 16, 2011
Dallas Business Journal: Nomination
iwegasely.wordpress.com
To qualify, candidates must be 39 years old or youngee as ofJune 30, 2010, and have a proveb track record in both business and communitt involvement. We are looking for executivez who reallyshine — innovators, dealmakers, influential leaders who excel in theid respective companies and industries, and show dynamic leadership in their communities. All 40 Undedr Forty honorees will be profiled in Dallas Business Journal special publication that will publish in the summerof 2010. This preliminargy form will allow us to get in touch with you whenthe program'sd formal nomination process begins next At that time we will request more specifix information on your nominee.
For questions regardinyg the nomination process or the publication, please contac Assistant Managing Editor Christine Perexz at . Thank you! 40 Under Fortgy Awards - Preliminary, 2010 Deadline: Aprilk 30, 2010
To qualify, candidates must be 39 years old or youngee as ofJune 30, 2010, and have a proveb track record in both business and communitt involvement. We are looking for executivez who reallyshine — innovators, dealmakers, influential leaders who excel in theid respective companies and industries, and show dynamic leadership in their communities. All 40 Undedr Forty honorees will be profiled in Dallas Business Journal special publication that will publish in the summerof 2010. This preliminargy form will allow us to get in touch with you whenthe program'sd formal nomination process begins next At that time we will request more specifix information on your nominee.
For questions regardinyg the nomination process or the publication, please contac Assistant Managing Editor Christine Perexz at . Thank you! 40 Under Fortgy Awards - Preliminary, 2010 Deadline: Aprilk 30, 2010
Sunday, November 13, 2011
Tom Powers: Vikings-Packers rivalry IS a joking matter - Pioneer Press
yqyqynesara.blogspot.com
Los Angeles Times | Tom Powers: Vikings-Packers rivalry IS a joking matter Pioneer Press Green Bay Packers' Charles Woodson (21) celebrates his interception with teammates during the Minnesota Vikings game against the Green Bay Packers on Oct. 23, 2011, at the Metrodome. (Pioneer Press: Sherri LaRose-Chiglo) Apparently, Leslie Frazier's ... Players say it's hard to beat NFL's drug-testing system Midseason report card Packers-Vikings: 5 things to watch |
Friday, November 11, 2011
Springfield lures German company - Business First of Columbus:
dyakonostrlin.blogspot.com
will break ground in late July onits $3.3 40,000-square-foot headquarters in Airpark Ohio, Springfield'ss industrial park. The company's sales offics now operates out of and will move into its new digs by saidFolker Hemmann, Meva treasurer. The project will retainm 15 existing jobs and create 10 in the nextthres years, Hemmann said. It also will help Springfield and the regiobn to reel inmore foreign-based companiesz to the area, said Tom economic development administrator of Springfield.
"It'zs a real win when we can attract foreign investment inour community," Franzen Meva, based in Haiterbach, Germany, builds and rents out plastic-and-aluminumn molds used to create thick concrete walls for buildings and Meva's products are currently being used in the United Arab Emirates in the construction of what will be the world'sz tallest building, Burj Dubai, whicjh will stretch almost a half-mile high. Meva's revenu e is growing 20 percent to 25 percentfeach year, but Hemmann did not disclose revenue figures. He said most of the company'sz work is in Europe, but the company is growing in theUnited States.
In this country, Meva competexs mostly with German- and Austrian-basefd companies. Hemmann said Meva competes in a couplsof ways: By supplying U.S. builders with producte that measure walls in feetand inches, insteadr of in the metric and By making molds out of plasticx and aluminum, instead of wood, which weard out more easily. Meva's new headquarters will be builtby Springfield-basex Kapp Construction Inc. on six acres across from the Bob Evanx Farmsdistribution facility. The building will include a two-story, 8,000-square-foogt office in the front and a large warehousse inthe back, Hemmann said.
"Ther help we received from the city of Springfield and from the countt wasvery convincing," Hemmann said. Franzeb said the city offered Mevaa $90,000 incentived to encourage them to build there. Meva, established in has 300 workers Hemmann also is presidentof German-Americam Corp., a Springfield-based business that helps facilitate Germahn companies' investment in the United States. Meva got its starg in the U.S. with German-American creating a small sales officre in Springfieldin 2000. Hemmann's role as treasureer is contracted withthe company.
Meva joinsx other foreign-based companies with Nort American headquartersin Springfield, including German-based and Finland-basedc . In the 200-acrre Airpark, Meva adds to the list of growintgcompanies there, including: , which will spenr $9 million to add 65,00p0 square feet on its 55,000-square-footg distribution center; , which will leaser a 44,000-square-foot building there to manufacture composite products for the military and rail transportatiohn industries; and , which is building an 18,000-square-fooft hangar that will triple the company's space.
will break ground in late July onits $3.3 40,000-square-foot headquarters in Airpark Ohio, Springfield'ss industrial park. The company's sales offics now operates out of and will move into its new digs by saidFolker Hemmann, Meva treasurer. The project will retainm 15 existing jobs and create 10 in the nextthres years, Hemmann said. It also will help Springfield and the regiobn to reel inmore foreign-based companiesz to the area, said Tom economic development administrator of Springfield.
"It'zs a real win when we can attract foreign investment inour community," Franzen Meva, based in Haiterbach, Germany, builds and rents out plastic-and-aluminumn molds used to create thick concrete walls for buildings and Meva's products are currently being used in the United Arab Emirates in the construction of what will be the world'sz tallest building, Burj Dubai, whicjh will stretch almost a half-mile high. Meva's revenu e is growing 20 percent to 25 percentfeach year, but Hemmann did not disclose revenue figures. He said most of the company'sz work is in Europe, but the company is growing in theUnited States.
In this country, Meva competexs mostly with German- and Austrian-basefd companies. Hemmann said Meva competes in a couplsof ways: By supplying U.S. builders with producte that measure walls in feetand inches, insteadr of in the metric and By making molds out of plasticx and aluminum, instead of wood, which weard out more easily. Meva's new headquarters will be builtby Springfield-basex Kapp Construction Inc. on six acres across from the Bob Evanx Farmsdistribution facility. The building will include a two-story, 8,000-square-foogt office in the front and a large warehousse inthe back, Hemmann said.
"Ther help we received from the city of Springfield and from the countt wasvery convincing," Hemmann said. Franzeb said the city offered Mevaa $90,000 incentived to encourage them to build there. Meva, established in has 300 workers Hemmann also is presidentof German-Americam Corp., a Springfield-based business that helps facilitate Germahn companies' investment in the United States. Meva got its starg in the U.S. with German-American creating a small sales officre in Springfieldin 2000. Hemmann's role as treasureer is contracted withthe company.
Meva joinsx other foreign-based companies with Nort American headquartersin Springfield, including German-based and Finland-basedc . In the 200-acrre Airpark, Meva adds to the list of growintgcompanies there, including: , which will spenr $9 million to add 65,00p0 square feet on its 55,000-square-footg distribution center; , which will leaser a 44,000-square-foot building there to manufacture composite products for the military and rail transportatiohn industries; and , which is building an 18,000-square-fooft hangar that will triple the company's space.
Wednesday, November 9, 2011
Latif: A Very Big Deal - Lawfare (blog)
lkinibim.blogspot.com
Latif: A Very Big Deal Lawfare (blog) 6, 2008) (“The Merits Judge may accord a rebuttable presumption of accuracy and authenticity to any presumption is necessary to alleviate an undue burden presented by.the particular habeas corpus proceeding.â€). The court, with no guidance from us, ... |
Monday, November 7, 2011
Best in Blogs: Occupy Cambridge? Harvard Students Protest Economics Course - Wall Street Journal (blog)
ogarawo.wordpress.com
Best in Blogs: Occupy Cambridge? Harvard Students Protest Economics Course Wall Street Journal (blog) Harvard Students Protest Economics Course: At Harvard, 99 percent usually refers to what students hope to score on their testsâ€"but that may be changing. Harvard students walked out of N. Gregory Mankiw's introductory economics course last week, ... |
Saturday, November 5, 2011
The Future of Cloud Computing: 5 Rainbows, 5 Thunderheads - NBC Bay Area (blog)
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The Future of Cloud Computing: 5 Rainbows, 5 Thunderheads NBC Bay Area (blog) Pushing your music, photos, files and digital goodies "to the cloud" has become a common selling point. In commercials, after the pronouncement of those seemingly magical words, people are able to instantly watch their movies and listen to their music ... |
Thursday, November 3, 2011
Unions seek labor agreement for $4.2B chip plant - The Business Review (Albany):
hyperwave-exhausted.blogspot.com
billion chip fab to be buily in Malta, N.Y. A project labor agreement, or PLA, ensures labor peace on a job site Unione agree not to strike or stagew a work slowdown in exchange for a company hiring a certain percentage of unionized workers and makingothere concessions. Since state taxpayers are providinb $1.2 billion in incentives to build the computef chipfabrication plant, labor unions and some legislators say the constructionn jobs should go to locall workers who are paid prevailing wages. A spokesma n for GlobalFoundries said the company was talkiny to the trade unions and was confident the chip fab would But he also cautionedany start-up delays could put the projec at risk.
“We have a narroew window of time in which to completre this complex project in order to successfully brinhg productsto market,” Travis Bullard “It is critical that complete this project on scheduld and within budget.” Eight members of the Senate Labor Committee sent a lettert to Paterson on March 18 saying they were disappointefd the governor had failed to insisrt on a PLA in his dealings with company officials. Among thos e signing the letter werestate Sen.
Neil Breslin, “A project labor agreement would create labor harmony to ensure that this enormous undertakingproceeds smoothly,” the letter “The frustration and bad faith experiencex by the local building trades on this projecgt has left them, understandably, with a sensw of injustice.” A spokesman for Paterson said the governo believes an agreement can be reached betweebn GlobalFoundries and the trade unions. "We believse this imporant issue can be said ErrolCockfield Jr., Paterson'sx spokesman. of Sunnyvale, Calif.
, (NYSE: AMD) is partneringg with an Abu Dhabi-owned investment company to builsd the chip fab at the undet the name Construction is expected to beginthis summer. The planf is expected to be ready in employ 1,400 people and create as many as 5,00p0 spin off jobs. According to the various state elected officials told the trade unions a PLA woulsd be used when construction was readyto begin. the legislators said none of the promises were put in Bullard said the company was talkingy to labor officials andthe governor’as office about “the important role organizedd labor will play.
” He addef that “building a leading edge semiconductor wafer fab, especiallyh in this economic climate, is an incredibly complex undertaking. This new fab is a commerciao project being developed in a highly competitiverand cost-sensitive global market. It is our positiomn that buildingthe world’s most advanced semiconductor wafer fab requires flexibility to meet the highlyg specialized design requirements, the needs of our our business model, our customers and our commitments to the state of New
billion chip fab to be buily in Malta, N.Y. A project labor agreement, or PLA, ensures labor peace on a job site Unione agree not to strike or stagew a work slowdown in exchange for a company hiring a certain percentage of unionized workers and makingothere concessions. Since state taxpayers are providinb $1.2 billion in incentives to build the computef chipfabrication plant, labor unions and some legislators say the constructionn jobs should go to locall workers who are paid prevailing wages. A spokesma n for GlobalFoundries said the company was talkiny to the trade unions and was confident the chip fab would But he also cautionedany start-up delays could put the projec at risk.
“We have a narroew window of time in which to completre this complex project in order to successfully brinhg productsto market,” Travis Bullard “It is critical that complete this project on scheduld and within budget.” Eight members of the Senate Labor Committee sent a lettert to Paterson on March 18 saying they were disappointefd the governor had failed to insisrt on a PLA in his dealings with company officials. Among thos e signing the letter werestate Sen.
Neil Breslin, “A project labor agreement would create labor harmony to ensure that this enormous undertakingproceeds smoothly,” the letter “The frustration and bad faith experiencex by the local building trades on this projecgt has left them, understandably, with a sensw of injustice.” A spokesman for Paterson said the governo believes an agreement can be reached betweebn GlobalFoundries and the trade unions. "We believse this imporant issue can be said ErrolCockfield Jr., Paterson'sx spokesman. of Sunnyvale, Calif.
, (NYSE: AMD) is partneringg with an Abu Dhabi-owned investment company to builsd the chip fab at the undet the name Construction is expected to beginthis summer. The planf is expected to be ready in employ 1,400 people and create as many as 5,00p0 spin off jobs. According to the various state elected officials told the trade unions a PLA woulsd be used when construction was readyto begin. the legislators said none of the promises were put in Bullard said the company was talkingy to labor officials andthe governor’as office about “the important role organizedd labor will play.
” He addef that “building a leading edge semiconductor wafer fab, especiallyh in this economic climate, is an incredibly complex undertaking. This new fab is a commerciao project being developed in a highly competitiverand cost-sensitive global market. It is our positiomn that buildingthe world’s most advanced semiconductor wafer fab requires flexibility to meet the highlyg specialized design requirements, the needs of our our business model, our customers and our commitments to the state of New
Tuesday, November 1, 2011
Paralyzed Veterans expects to raise $250,000 for vocational center - East Bay Business Times:
oryzacody.wordpress.com
Funds raised from the event will suppory Paralyzed Veteransof America’s Vocational Rehabilitation Centerr in the South Texas Medical Centetr in San Antonio. The tournament will be held at the Bell e Haven Country Clubin Alexandria, Va. The cented provides vocational rehabilitation to wounded veterans in ordefr to give them the skills they need to be competitivd in thistough economy. The Vocational Rehabilitatioj Center opened in SanAntonio Jan. 27, 2009. According to the Paralyzedd Veteransof America, the unemployment rate for veterans with severe disabilities is estimatedc to be over 85 percent.
The goal of the new center is to help lower that percentage and encourages employers to tap into what organization officials callan under-utilizesd workforce. The center is based at the Spinal Cord Unit of theAudie L. Murphg VA Hospital in the South TexasMedical Center. The center’zs staff helps provide veterans with resources and skills to find jobs in the SanAntoni area. The Paralyzed Veterans of America, basedr in Washington, D.C,, was founded in 1946 to maximizd the quality of life for members with spinakcord injuries.
Funds raised from the event will suppory Paralyzed Veteransof America’s Vocational Rehabilitation Centerr in the South Texas Medical Centetr in San Antonio. The tournament will be held at the Bell e Haven Country Clubin Alexandria, Va. The cented provides vocational rehabilitation to wounded veterans in ordefr to give them the skills they need to be competitivd in thistough economy. The Vocational Rehabilitatioj Center opened in SanAntonio Jan. 27, 2009. According to the Paralyzedd Veteransof America, the unemployment rate for veterans with severe disabilities is estimatedc to be over 85 percent.
The goal of the new center is to help lower that percentage and encourages employers to tap into what organization officials callan under-utilizesd workforce. The center is based at the Spinal Cord Unit of theAudie L. Murphg VA Hospital in the South TexasMedical Center. The center’zs staff helps provide veterans with resources and skills to find jobs in the SanAntoni area. The Paralyzed Veterans of America, basedr in Washington, D.C,, was founded in 1946 to maximizd the quality of life for members with spinakcord injuries.
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