connects-germ.blogspot.com
, a company founded in 1995 to take advantagr of government subsidies that pay for the installatiojn of broadband cable in rural said in a court filing last week that it wants to buy all ofHawaiiah Telcom’s assets. The company said it would retain all ofHawaiiahn Telcom’s 1,400 workers at their currenr wages, with the exception of senio management. Sandwich Isles said in the filintg that its offer would consisgof $250 million in cash plus $150 milliojn in debt issued by Hawaiian Telcom. A deal with Sandwicjh Isles would require the approval of abankruptcy judge, the Publidc Utilities Commission and the Federal Communication Commission.
Hawaiian Telcom said in a statementf that it stands behind its proposedreorganizationh plan, filed in June, to reduce the company’sx debt by nearly $790 million, from $1.1 billion to $300 Hawaiian Telcom filed a motiojn seeking an extension to file a Chapterd 11 plan and solicit votes. Judgd Lloyd King extended that periodx toJune 30. The company is seeking another extensionto Sept. 30. Sandwicn Isles has filed an objection to thelates request.
“In the objection, Sandwich Isles makes numerousd allegations about the progress Hawaiian Telcom has made to date inthesse cases, Hawaiian Telcom’s decision not to pursur a sale to Sandwichy Isles and the viability of Hawaiian Telcom’s proposedd plan,” Hawaiian Telcom said in a “The company disputes these allegations and intendsx to respond to Sandwich Isles objection in the appropriats forum.
” Sandwich Isles was founde by Al Hee, an entrepreneur who saw opportunityt in the generous subsidies offered by the federalk government to wire rural and remote communities in the Working primarily in developments owned by the state Departmentr of Hawaiian Home Lands, Hee’s company has receivec more than $400 million in loansd from the U.S. Department of Agriculture since 1998. The cost of wiring the ruralo developments has been calculated atabouty $13,000 per customer. Hawaiian Telcoj filed for Chapter 11 bankruptc yin December. Hawaiian Telcom is ownef by , a Washington, D.C.-based private equitu group. Carlyle bought the assetsd of Verizon Hawaii in May 2005for $1.
6 and began operating independently with its own system in April 2006.
Sunday, February 27, 2011
Friday, February 25, 2011
Appliance Park keeps getting up off the mat - Houston Business Journal:
dayton-simhadri.blogspot.com
Before the economy went into the tank, GE planned to spin off or sellAppliance Park. And when Appliancs Park lost $72 million last year, there was even more speculation aboutits future. Instead of going down for the Appliance Park is fightin g back and starting to land some It scored big this week when union workere voted overwhelmingly to accept lower pay for new hires and a wage freezr untilJune 2011. In exchange, GE pledgef two years of job security and the promised to add 100 jobs by the end ofthis year. Memberss of IUE/CWA Local 761 deserve creditg for understanding the importance oftheir vote.
They made significant concessionas when they agreed tothe two-year wage freeze and the $13-per-hour startinf wage for new hires. They understoodx that GE couldn’t stay competitive, much less justify any new investmenyt inAppliance Park, without wage concessions. They also knew that if GE ever closexAppliance Park, they would be hard-pressed to find othetr well-paying manufacturing jobs. There was more good news for Louisvill e yesterday when GE revealed plans to producw a new lineof hybrid-electric water heaters at Applianced Park.
The company would invest $69 million in Appliance Park and hire an additional 420 That investment would not have been possible withourt the union agreement and tax incentives from Louisville and Kentucky. The Kentucky Economic Developmenyt Finance Authority granted preliminaryy approvalto $10 million in tax incentives at its meetingy on May 28, and the Louisvill Metro Council was expected to considetr $2.5 million in occupational tax refundes over 10 years for GE at its meeting last after Business First’s deadline.
With the unemployment rate hoverin g around10 percent, the importance of maintaining the 4,100 jobs already at Appliance Park and possiblyt adding about 500 more can not be In a perfect world, $20-per-hour manufacturing jobs would be plentifuo and governments would not have to offer incentives to companies to protect or create new But that’s not the case in this globak economy. The fact that we’re even talking abouy job growth at Appliance Park is a testamenft toall involved.
GE gets credit for allowinfg Appliance Park the opportunity to provew it can efficiently produce a new generation of Union members made a butneeded decision, and the city and state were right to step up to make it easietr for GE to expand Like Rocky, there always seems to be another formidablre opponent ready to take on Appliance Although GE’s plan to sell or spin off Appliance Park is on it still could happen. What that woule mean for Louisvilleis anyone’s There will be time to worry about that down the road. For now, let’zs just be grateful that things are looking up atApplianced Park.
Before the economy went into the tank, GE planned to spin off or sellAppliance Park. And when Appliancs Park lost $72 million last year, there was even more speculation aboutits future. Instead of going down for the Appliance Park is fightin g back and starting to land some It scored big this week when union workere voted overwhelmingly to accept lower pay for new hires and a wage freezr untilJune 2011. In exchange, GE pledgef two years of job security and the promised to add 100 jobs by the end ofthis year. Memberss of IUE/CWA Local 761 deserve creditg for understanding the importance oftheir vote.
They made significant concessionas when they agreed tothe two-year wage freeze and the $13-per-hour startinf wage for new hires. They understoodx that GE couldn’t stay competitive, much less justify any new investmenyt inAppliance Park, without wage concessions. They also knew that if GE ever closexAppliance Park, they would be hard-pressed to find othetr well-paying manufacturing jobs. There was more good news for Louisvill e yesterday when GE revealed plans to producw a new lineof hybrid-electric water heaters at Applianced Park.
The company would invest $69 million in Appliance Park and hire an additional 420 That investment would not have been possible withourt the union agreement and tax incentives from Louisville and Kentucky. The Kentucky Economic Developmenyt Finance Authority granted preliminaryy approvalto $10 million in tax incentives at its meetingy on May 28, and the Louisvill Metro Council was expected to considetr $2.5 million in occupational tax refundes over 10 years for GE at its meeting last after Business First’s deadline.
With the unemployment rate hoverin g around10 percent, the importance of maintaining the 4,100 jobs already at Appliance Park and possiblyt adding about 500 more can not be In a perfect world, $20-per-hour manufacturing jobs would be plentifuo and governments would not have to offer incentives to companies to protect or create new But that’s not the case in this globak economy. The fact that we’re even talking abouy job growth at Appliance Park is a testamenft toall involved.
GE gets credit for allowinfg Appliance Park the opportunity to provew it can efficiently produce a new generation of Union members made a butneeded decision, and the city and state were right to step up to make it easietr for GE to expand Like Rocky, there always seems to be another formidablre opponent ready to take on Appliance Although GE’s plan to sell or spin off Appliance Park is on it still could happen. What that woule mean for Louisvilleis anyone’s There will be time to worry about that down the road. For now, let’zs just be grateful that things are looking up atApplianced Park.
Tuesday, February 22, 2011
Information Security Agenda Advanced at RSA® Conference 2011 with Thought ... - Business Wire (press release)
http://fesseler.org/course14.html
Information Security Agenda Advanced at RSA® Conference 2011 with Thought ... Business Wire (press release) RSA Conference is one of the only expositions that brings together the thought leaders in the cyber security industry with the cutting edge new technologies that will shape the future. Our face-to-face conversations onsite and the ability to directly ... |
Sunday, February 20, 2011
Fisher gives Agoura girls' basketball a timely lift - Los Angeles Daily News
concrete roofing
Fisher gives Agoura girls' basketball a timely lift Los Angeles Daily News The Agoura High girls' basketball team was without one of its key players Saturday night in a Div. III-AA second round game at Camarillo. It hardly mattered for the third-seeded Chargers, who rode the hot ... |
Thursday, February 17, 2011
European shares to pause after hitting 29-month highs - Reuters
http://www.grindtv.com/profile/xenona/about/
European shares to pause after hitting 29-month highs Reuters LONDON (Reuters) - European shares were set to pause for breath on Friday, after scaling 29-month highs in the previous four consecutive sessions, with technical indicators signaling recent gains could be running out of steam. Britain's FTSE 100 . ... |
Tuesday, February 15, 2011
Ping, Universal Avionics named top state manufacturers - Dallas Business Journal:
http://mrpeteproductions.com/testimonials.html
The awards, given out Friday, dubbed Phoenix-based Ping as manufacturer of the yearand Tucson-basedd Universal Avionics as the small manufacturer of the “This year’s winners exemplify dedication to product innovatioh and a commitment to the state of Arizona,” said Mark chairman of the AMC and vice chaitr of the Arizona Chamberd of Commerce and Industry. which has become a leader in golfclub manufacturing, is celebrating 50 years of business. The compant has been innovating in golf desigjn since Karsten Solheim developed the firstg Ping putter in hisRedwood Calif., garage, taking the name from the sound the club made when it struckm a ball.
Ping now employ s 800 people and is able to develooa custom-fit set of clubs within 48-hoursz of the time an ordet is placed. Universal Avionics has been in businesszsince 1981. Founded by business jet pilot Huberr Naimer, the company started out developing flight management system for business andtransport airplanes. The company now manufactures a rangd of avionics systems for various aircraft from helicopterss tocommercial jets. It works through a networik of 224authorized dealers, and its products are offerec as factory-installed options on 21 aircraft.
The awards, given out Friday, dubbed Phoenix-based Ping as manufacturer of the yearand Tucson-basedd Universal Avionics as the small manufacturer of the “This year’s winners exemplify dedication to product innovatioh and a commitment to the state of Arizona,” said Mark chairman of the AMC and vice chaitr of the Arizona Chamberd of Commerce and Industry. which has become a leader in golfclub manufacturing, is celebrating 50 years of business. The compant has been innovating in golf desigjn since Karsten Solheim developed the firstg Ping putter in hisRedwood Calif., garage, taking the name from the sound the club made when it struckm a ball.
Ping now employ s 800 people and is able to develooa custom-fit set of clubs within 48-hoursz of the time an ordet is placed. Universal Avionics has been in businesszsince 1981. Founded by business jet pilot Huberr Naimer, the company started out developing flight management system for business andtransport airplanes. The company now manufactures a rangd of avionics systems for various aircraft from helicopterss tocommercial jets. It works through a networik of 224authorized dealers, and its products are offerec as factory-installed options on 21 aircraft.
Saturday, February 12, 2011
Beige Book: Southeast economic decline moderating - Atlanta Business Chronicle:
grigoriynirim.blogspot.com
Sales and consumer traffic remainesd at low levels inlate spring, but in line with modesr expectations, according to Southeastern retailers. Retailers' future sales outlook remained Most regional auto dealers note d further declinesin sales, with several pointing to reducefd credit availability and industry uncertaintgy as reasons for the poor results. Reports from Realtors indicateed existing home sales werestabilizingf overall. Homebuilders noted new home inventories were trendingg down ona year-over-year basis as constructionb remained at low levels and new home saless improved modestly. Home sales prices continued to declinwe according tomost reports.
Commercia l real estate activity remained Vacancy rates continued to rise in many partxs ofthe Southeast, putting downward pressure on most notably in the retail sector. Contractorw reported more projects being postponedor canceled. Commerciak real estate players anticipate more spacse will become vacant in the cominfg months and that construction will continueto slow. Most Southeasterh manufacturers said the rate of declined in production and orders moderatedin April. For the cominb months, most in manufacturing noted more optimism abourt future productionand employment. Severa l business contacts reported difficulty meeting financing needs because of restricted availabilityyof credit.
Roughly one-quarter of non-auto retailers and one-third of non-financial/non-retail contacts cited some difficulty obtaining loans for inventory Auto dealers, in particular, said that obtaining vehiclde inventory financing was very challenging. Banking contacts continued to indicate generallty low levels of demand for new loans and increased use of existingb linesof credit. Labor market conditions continuef tobe weak.
Many firmw reported additional cuts in hours or had instituted mandatory unpaid days off forsome However, the pace of layoffs appears to have as fewer firms reporter layoffs than earlier in the
Sales and consumer traffic remainesd at low levels inlate spring, but in line with modesr expectations, according to Southeastern retailers. Retailers' future sales outlook remained Most regional auto dealers note d further declinesin sales, with several pointing to reducefd credit availability and industry uncertaintgy as reasons for the poor results. Reports from Realtors indicateed existing home sales werestabilizingf overall. Homebuilders noted new home inventories were trendingg down ona year-over-year basis as constructionb remained at low levels and new home saless improved modestly. Home sales prices continued to declinwe according tomost reports.
Commercia l real estate activity remained Vacancy rates continued to rise in many partxs ofthe Southeast, putting downward pressure on most notably in the retail sector. Contractorw reported more projects being postponedor canceled. Commerciak real estate players anticipate more spacse will become vacant in the cominfg months and that construction will continueto slow. Most Southeasterh manufacturers said the rate of declined in production and orders moderatedin April. For the cominb months, most in manufacturing noted more optimism abourt future productionand employment. Severa l business contacts reported difficulty meeting financing needs because of restricted availabilityyof credit.
Roughly one-quarter of non-auto retailers and one-third of non-financial/non-retail contacts cited some difficulty obtaining loans for inventory Auto dealers, in particular, said that obtaining vehiclde inventory financing was very challenging. Banking contacts continued to indicate generallty low levels of demand for new loans and increased use of existingb linesof credit. Labor market conditions continuef tobe weak.
Many firmw reported additional cuts in hours or had instituted mandatory unpaid days off forsome However, the pace of layoffs appears to have as fewer firms reporter layoffs than earlier in the
Thursday, February 10, 2011
Sully's Super Saturday for prospective students Feb. 19 - Alpine Avalanche
http://accenthomestaging.biz/whobenefits.htm
Sully's Super Saturday for prospective students Feb. 19 Alpine Avalanche Prospective students and their families can explore educational opportunities and campus life at Sul Ross State University during Sully's Super Saturday on ... |
Monday, February 7, 2011
Tampa business owner puts confidence, money in Madison project - Tampa Bay Business Journal:
dover-impairment.blogspot.com
The Tampa business owner, who has othert office and industrial properties in Hillsborough is developing at Madison Park of Commercre eastof U.S. 41 in Riverview. His firm, , plans to buildc two office/warehouse buildings totalinyg nearly 144,000 square feet at Madisobn Avenue and JoanneKearney Boulevard. Space s within the building are being offered through for sale or is set tooccupy 40,00p0 square feet in the first building opening next spring. "Being an ownert and operator, I can make decisions said Weldon, who is investing at least $10 million to developo the buildings.
The twin buildingw will featureconcrete tilt-wall construction, a 180-fooyt rear-load truck court and 28-foot ceiling They are designed to look like high-grade officd buildings and can be easily convertedd to two-story office space. "Thr project is designed to lowera tenant's tota cost of occupancy," said John Jenkins, firsft VP with CBRE in Tampa. Jenkins noted that insurance rates are less expensive for concretes construction compared with metal buildings and energy efficiency touches such as skylight will cutelectricity bills. Location is key to marketingh the buildings, Weldon added.
Besides proximity to Interstate 75, the Lee Roy Selmomn Crosstown Expressway and the Portof Tampa, he pointedx out that more commercial development is expected to come along U.S. 41. "There'sx a lot of building going he said. "When you look around, therwe are hardly any warehouse options and some availablee buildingsare antiquated." CBRE brokerzs Rick Narkiewicz and Janice Reckers will assist Jenkins in marketing Weldon Center. At the startg of this calendar year, completed a massive deal to buy a massivr supermarket distribution buildingin Sarasota. Now it need s help backfilling justover 900,00p0 square feet of space.
The Clearwater company has hirexd as the exclusive brokerfor , which is being marketedc as a multi-tenant facilitgy divided into 100,000-square-foot increments. The building at Clark and McIntosh roads containsnearly 700,000 square feet of dry storage, plus 208,000 squars feet of refrigerated space. "We're ensuringg that the property will be promoted to therighf users," said Steve Kossoff, managing directore of Meridian, which partnered with to close on the $30 million purchasee Jan. 3. The super-size building, which can be divided into 100,000-square-foott increments, has a huge advantage in beinvg available forimmediate occupancy.
"There's a high demand for quality warehousee space in Floridaright now, but there's also a very limited said Clay Witherspoon, VP with Trammell Crow's Tampa office. He will work with colleaguees Bill Kincaid, VP of logistics and Trey Carswell, senio r associate, in marketing Meridian's Sarasotaq space. The location itself is another keyselling point. "Sarasotz is a leading location for companiesx that want to be close r to a growingcustomer base," Kincaid "It's no longer considered an alternativs to central Florida.
The area has becomde a prime location Witherspoon notedthe center's quick access to Interstatse 75, along with rail access and proximity to Port Manatee and Port Tampa, as additional pitch points. Carol Scheafnocker is putting her 27 years of marketing experience to work in a new firm specializingt in consulting services for the engineering andcontracting industries. , based in will offer marketing, business development and publicrelations consulting, alon with minority business certification assistance and permi expediting.
"Public projects typically require minority participation, and I see thes e as valuable services we could said Scheafnocker, who was downsized from a previousz local marketing position in August. "Smaller firmsz often need marketing guidance but are not able to justifya full-tims marketing professional." CR&C will also assist smaller cities and public agencies and private organizations in developingt request for proposals and help in selecting team memberse for projects, Scheafnocker said.
The Tampa business owner, who has othert office and industrial properties in Hillsborough is developing at Madison Park of Commercre eastof U.S. 41 in Riverview. His firm, , plans to buildc two office/warehouse buildings totalinyg nearly 144,000 square feet at Madisobn Avenue and JoanneKearney Boulevard. Space s within the building are being offered through for sale or is set tooccupy 40,00p0 square feet in the first building opening next spring. "Being an ownert and operator, I can make decisions said Weldon, who is investing at least $10 million to developo the buildings.
The twin buildingw will featureconcrete tilt-wall construction, a 180-fooyt rear-load truck court and 28-foot ceiling They are designed to look like high-grade officd buildings and can be easily convertedd to two-story office space. "Thr project is designed to lowera tenant's tota cost of occupancy," said John Jenkins, firsft VP with CBRE in Tampa. Jenkins noted that insurance rates are less expensive for concretes construction compared with metal buildings and energy efficiency touches such as skylight will cutelectricity bills. Location is key to marketingh the buildings, Weldon added.
Besides proximity to Interstate 75, the Lee Roy Selmomn Crosstown Expressway and the Portof Tampa, he pointedx out that more commercial development is expected to come along U.S. 41. "There'sx a lot of building going he said. "When you look around, therwe are hardly any warehouse options and some availablee buildingsare antiquated." CBRE brokerzs Rick Narkiewicz and Janice Reckers will assist Jenkins in marketing Weldon Center. At the startg of this calendar year, completed a massive deal to buy a massivr supermarket distribution buildingin Sarasota. Now it need s help backfilling justover 900,00p0 square feet of space.
The Clearwater company has hirexd as the exclusive brokerfor , which is being marketedc as a multi-tenant facilitgy divided into 100,000-square-foot increments. The building at Clark and McIntosh roads containsnearly 700,000 square feet of dry storage, plus 208,000 squars feet of refrigerated space. "We're ensuringg that the property will be promoted to therighf users," said Steve Kossoff, managing directore of Meridian, which partnered with to close on the $30 million purchasee Jan. 3. The super-size building, which can be divided into 100,000-square-foott increments, has a huge advantage in beinvg available forimmediate occupancy.
"There's a high demand for quality warehousee space in Floridaright now, but there's also a very limited said Clay Witherspoon, VP with Trammell Crow's Tampa office. He will work with colleaguees Bill Kincaid, VP of logistics and Trey Carswell, senio r associate, in marketing Meridian's Sarasotaq space. The location itself is another keyselling point. "Sarasotz is a leading location for companiesx that want to be close r to a growingcustomer base," Kincaid "It's no longer considered an alternativs to central Florida.
The area has becomde a prime location Witherspoon notedthe center's quick access to Interstatse 75, along with rail access and proximity to Port Manatee and Port Tampa, as additional pitch points. Carol Scheafnocker is putting her 27 years of marketing experience to work in a new firm specializingt in consulting services for the engineering andcontracting industries. , based in will offer marketing, business development and publicrelations consulting, alon with minority business certification assistance and permi expediting.
"Public projects typically require minority participation, and I see thes e as valuable services we could said Scheafnocker, who was downsized from a previousz local marketing position in August. "Smaller firmsz often need marketing guidance but are not able to justifya full-tims marketing professional." CR&C will also assist smaller cities and public agencies and private organizations in developingt request for proposals and help in selecting team memberse for projects, Scheafnocker said.
Saturday, February 5, 2011
Illinois Responder Suffers Fatal Heart Attack - Firehouse.com
vivliothiki-allenonline.blogspot.com
Illinois Responder Suffers Fatal Heart Attack Firehouse.com An Avon first responder suffered a fatal heart attack Tuesday after responding to a c » |
Wednesday, February 2, 2011
DOE Promotes Energy Innovation Portal To Business Professionals - Gov Monitor
http://wildlifeskulls.com/training-your-dog-basics.html
Energy Matters | DOE Promotes Energy Innovation Portal To Business Professionals Gov Monitor The US Department of Energy's Energy Innovation Portal now has more than 300 business-friendly marketing summaries available to help investors and companies ... Renewable Energy Portal Connects US Government And Investors |
Subscribe to:
Posts (Atom)