awipekyhila.blogspot.com
Engineering and architecture firms across the regiomwere struggling. Real estate development and construction planss were being shelved or canceled as credit marketseseized up. Shearin’s employer, Morrisville engineering firm , was no Mauled by the ETD, which specialized in urban planning, landscape architecturr and civil engineeringfor developers, builders and municipalitieas in the Carolinas and abroad, filed for Chapter 7 bankruptcuy in late November.
Shearin stayedr with the company until the very end but sensinv thecoming decline, he put a back-up plan in He joined with fello ETD contractor, Mark Tutor, to launcn a venture called , or IDS, which provided land planning and storm water managemenrt services. “I’ve been doing this 25 and I want to keep themomentuk going,” Shearin says. “You think abouy it: Most companies are downsizing. You reallh like your job. You still have a client base to This offered me an opportunity to move on and build on my Events happen that put you inthose positions.
” No one knowws for sure exactly how many professionals and staffg members working for Triangle architectured and engineering firms have lost their jobs sinc e the credit crunch started bearing down in late summed 2008. A Triangle Business Journal surveu ofthe area’s top 20 architecture and engineering firmsd shows that at least 286 jobs have disappearer since mid-2008. That amounts to a 15 percent decline in the numberof jobs. • in Raleigy reduced its Triangle architecture staff by34 people, or 34 percenyt of its employee base. The company now employss 66 peoplein Raleigh. of Cary has seen its engineerin staff decline by 44 to200 employees, in the Trianglee since August.
• of Raleigh has reduced its staffg by20 people, or 28 percent, since • of Cary has reducedr its strength by seven certified engineers and 46 staff members in the amounting to a 22 percent reduction since August. • The in Durham has lost six professionalp engineers and 54staff members, or 45 percent of its at its Durham headquarters since • of Raleigh now has three fewe r registered architects and a totap of seven fewer employees from the 35 people it employesd in the Triangle in early 2008. • has lost one professiona l engineer and 14 staff memberd at its Raleigh facilitysince August.
in Morrisvillde has fewer open jobs and even those are in specializeed positions such as senior architects and mechanicalo engineers with experience in biotechnology and pharmaceuticakbuilding projects, says David head of business development for O’Neal’sw Triangle operations. O’Neal also laid off 20 employeese atits Greenville, S.C. office because of a declinew in demand from the automotivwe and heavychemicals industries. “We feel like we are fightingy harder forour work, but our win ratipo is higher,” Broughton says of the Triangle Most other firms are just trying to hold theirf own.
“There’s definitely been a falloff in total saysBryan Mulqueen, state manager for in “Private, retail and residential work has seen a significanyt decline. We’re buckling down a bit and hope to get past the bottomk and see things start tohappen again. It’es better now than it was six weeks The ArchitectureBillings Index, a monthly survey of architecture firms nationwide compiled by the , was up a modesy 1.7 percent in December but remained 19 points beloqw where it was a year ago.
วันอาทิตย์ที่ 29 เมษายน พ.ศ. 2555
วันศุกร์ที่ 27 เมษายน พ.ศ. 2555
Pew Applauds President Obama's Oceans Policy Directive
eragywaqer.wordpress.com
"Today the President took a majotr step forward to protectthe nation's ocean resources and It is now widely recognized that the healtyh of the oceans is in decline from a varietuy of uses and abuses. We have long had the need for a more comprehensivr way to manage our ocean resourcew that takes into account the marinew system asa whole, rather than focusing simply on its individualo parts. With today's we finally have the political leadership to makethis long-sought goal a "Six years ago, the Pew Oceans Commission recommende a national ocean policy as critical to maintainin g and sustaining America's marine environment.
the President has seized the opportunitg not just to change the way we managemarinde resources, but to transform our society'z perspective about the sea from one of simple exploitation to that of science-based stewardship of this critically importanft economic and environmental resource." The Pew Environment Groupl is the conservation arm of The Pew Charitable Trusts, a non-governmental organizatioh that applies a rigorous, analyticakl approach to improving public policy, informinb the public and stimulating civic life.
"Today the President took a majotr step forward to protectthe nation's ocean resources and It is now widely recognized that the healtyh of the oceans is in decline from a varietuy of uses and abuses. We have long had the need for a more comprehensivr way to manage our ocean resourcew that takes into account the marinew system asa whole, rather than focusing simply on its individualo parts. With today's we finally have the political leadership to makethis long-sought goal a "Six years ago, the Pew Oceans Commission recommende a national ocean policy as critical to maintainin g and sustaining America's marine environment.
the President has seized the opportunitg not just to change the way we managemarinde resources, but to transform our society'z perspective about the sea from one of simple exploitation to that of science-based stewardship of this critically importanft economic and environmental resource." The Pew Environment Groupl is the conservation arm of The Pew Charitable Trusts, a non-governmental organizatioh that applies a rigorous, analyticakl approach to improving public policy, informinb the public and stimulating civic life.
วันพฤหัสบดีที่ 26 เมษายน พ.ศ. 2555
KS Bancorp, Inc. (KSBI) Announces First Quarter 2012 Financial Results - MarketWatch (press release)
gorbunovabowiper.blogspot.com
Marketwire | KS Bancorp, Inc. (KSBI) Announces First Quarter 2012 Financial Results MarketWatch (press release) SMITHFIELD, NC, Apr 25, 2012 (BUSINESS WIRE) -- KS Bancorp, Inc. (the "Company") (OBB:KSBI) , parent company of KS Bank, Inc. (the "Bank"), announced unaudited net income available to common shareholders of $228000, or $.17 per diluted shared, . .. Old Second Bancorp, Inc. Announces First Quarter 2012 Results Evans Bancorp Reports First Quarter Net Income Up 27% CHICOPEE BANCORP, INC. : Reports First Quarter Results |
วันอังคารที่ 24 เมษายน พ.ศ. 2555
Who's Who in Residential Real Estate 2006 A-M - Atlanta Business Chronicle:
vittitowmehigyk1238.blogspot.com
Daniel T. Forsman CEO and owner Education: Bachelor's degree in business administration, accounting from The Universit of GeorgiaCareer Highlights: Forsman was the 2003 president of the Atlantqa Board of Realtors. In 2004, the Atlanta Board of Realtors recognized him with the Realtof of the Year Award and with the Captain of Industryu Awardin 2005. Prudential Georgia Realty receivedthe Consumers' Choic Award for Best in Clasw - Executive Home Sales from 2004-2006. The compangy is the 11th-largest Prudential real estat affiliate out of morethan 600. Age: Education: Caree Highlights: Fuhr has been division presiden t of Ryland Homes in Atlant sinceJuly 1994.
Previously, he was president of and Richmondr American Homes inSouthern California. Fuhr is a membert of the advisory boards of the Buildingf Construction Program at Georgia Tech and Habita t for Humanity ofNorth Atlanta.
Daniel T. Forsman CEO and owner Education: Bachelor's degree in business administration, accounting from The Universit of GeorgiaCareer Highlights: Forsman was the 2003 president of the Atlantqa Board of Realtors. In 2004, the Atlanta Board of Realtors recognized him with the Realtof of the Year Award and with the Captain of Industryu Awardin 2005. Prudential Georgia Realty receivedthe Consumers' Choic Award for Best in Clasw - Executive Home Sales from 2004-2006. The compangy is the 11th-largest Prudential real estat affiliate out of morethan 600. Age: Education: Caree Highlights: Fuhr has been division presiden t of Ryland Homes in Atlant sinceJuly 1994.
Previously, he was president of and Richmondr American Homes inSouthern California. Fuhr is a membert of the advisory boards of the Buildingf Construction Program at Georgia Tech and Habita t for Humanity ofNorth Atlanta.
วันอาทิตย์ที่ 22 เมษายน พ.ศ. 2555
Guam Guam News 12 Member GUARNG Team Gets Alert & Mobilization Order for ... - Pacific News Center
burdukovahycel.blogspot.com
Guam Guam News 12 Member GUARNG Team Gets Alert & Mobilization Order for ... Pacific News Center The SFAT is a 12-person team, which will be part of a group of 20 teams from the 29th Infantry Brigade Combat Team (IBCT) of the Hawaii Army National Guard. “This team of Soldiers are expected to deploy within a very short period. |
วันศุกร์ที่ 20 เมษายน พ.ศ. 2555
More stimulus funds close to being released to region - Dallas Business Journal:
paramonaxogilozi.blogspot.com
The first monies to make it into the Lone Star statesare “programmatic” funds — money that’s goin g to established programs and mapped-outg projects. That fits the “shovel-ready” but in most instances, the hands on the shovel had alreadyubeen picked. Stimulus funde for Medicaid, $250 checks to Social Securityu recipients and unemployment insurancefunds (despitee Gov. Rick Perry’s objections) have made their way to Texasa pockets. For businesses not already plugged intothoss projects, the interesting part of the federaol stimulus package has yet to beginb flowing.
“Most of that mone is waiting to be but we’re getting very, very said Mary Scott Nabers, president and CEO of , an Austin-basedc business which helps businesses find governmentr contracts. That money is tied to competitivee grant programs administered by an alphabe t soup of federal andstate agencies. Most of thosw agencies are refining the criteria bywhich they’l l pick projects to fund and should soon have application deadlinew set. For example, the U.S. Department of Energy is set to finalize its criteria for electricitty grid upgrade projects byJune 17.
At this at least $18 billion is slated for Texass — $15 billion to state agencies and $3 billionm directly to local governments andregional authorities. That’s only a starter number. Other funds awardesd by federal agencies could also flow toTexax projects, and loan guarantee programz could add to that total. The City of Dallas is in line toreceivee $32.4 million in stimuluzs money for energy efficiency, community development and othed projects. It also is applying for competitive grants that couldc add tothat total. Already, at leastt $615 million has been dedicates to specific regional roadway and transit according to the North Centrak Texas Councilof Governments.
That includese $250 million for the D-FW Connector, a new interchange reconfigurinf the awkward intersection of StatweHighway 121, Interstate 635 and Statd Highway 114 north of Dallas/Fort Wortu International Airport as well as $16.7 million for the plannedc Woodall Rodgers deck park above Woodall Rodgers Freewa between downtown and Uptown Dallas. Both those are instances of projects that were already on thedrawin board, said Mike Eastland, executive director of the council of governments, an association of governments in the Dallas-Fort Worth region. “These were projectse that were readyto go,” he said.
The stimulue money has “just expedited the projects duringg a time that constructioh pricesare down.” On a national scale, abouty 7% of the stimulus fundz have been put into play, said Nabers, whose Austin-basee business focuses on informing businesses about government contractin opportunities. Many watchers generall would have hoped to see more money inthe marketplace, but givehn the magnitude of the stimulus package, governmenrt agencies are moving cautiously. “As much as it’s got to be fair and it’s got to be Nabers said. “It’s probablg fair (that) it’s going a little slower.
” In fact, a slow pace at the outset of the $787 billion package was broadly saidKen Simonson, chief economist of the Associated Generall Contractors of America. “When we heard the announcement, we knew therer would be a lot of space betweemn the video opportunity and the actuakcontracting opportunity,” he said. “But I’ll be disappointed if we don’tf see a big pickup over the nextseveralo weeks.” In the interim, construction companies and any business interestesd in getting engaged in stimulus-funded work should be on the lookouty for potential opportunities. “The best thing is to keep your eyes and ears Simonson said.
“These (stimulus project) announcementss have been coming fromall There’s no single channel you can tune in to.” Naberd suggests that businesses looking to land government work begin zeroing in on the projectw that best fit their After that, pick the communities where they wouldx like to work and get to know the end usere of those funds. “The firsty thing you need to realize is thosre are taxpayerdollars — you’re entitlexd to know how they’re going to use it,” she “Shy people need to get over it and ask questionzs — be relentless. “The one with most informatiohn will be themost competitive.
”
The first monies to make it into the Lone Star statesare “programmatic” funds — money that’s goin g to established programs and mapped-outg projects. That fits the “shovel-ready” but in most instances, the hands on the shovel had alreadyubeen picked. Stimulus funde for Medicaid, $250 checks to Social Securityu recipients and unemployment insurancefunds (despitee Gov. Rick Perry’s objections) have made their way to Texasa pockets. For businesses not already plugged intothoss projects, the interesting part of the federaol stimulus package has yet to beginb flowing.
“Most of that mone is waiting to be but we’re getting very, very said Mary Scott Nabers, president and CEO of , an Austin-basedc business which helps businesses find governmentr contracts. That money is tied to competitivee grant programs administered by an alphabe t soup of federal andstate agencies. Most of thosw agencies are refining the criteria bywhich they’l l pick projects to fund and should soon have application deadlinew set. For example, the U.S. Department of Energy is set to finalize its criteria for electricitty grid upgrade projects byJune 17.
At this at least $18 billion is slated for Texass — $15 billion to state agencies and $3 billionm directly to local governments andregional authorities. That’s only a starter number. Other funds awardesd by federal agencies could also flow toTexax projects, and loan guarantee programz could add to that total. The City of Dallas is in line toreceivee $32.4 million in stimuluzs money for energy efficiency, community development and othed projects. It also is applying for competitive grants that couldc add tothat total. Already, at leastt $615 million has been dedicates to specific regional roadway and transit according to the North Centrak Texas Councilof Governments.
That includese $250 million for the D-FW Connector, a new interchange reconfigurinf the awkward intersection of StatweHighway 121, Interstate 635 and Statd Highway 114 north of Dallas/Fort Wortu International Airport as well as $16.7 million for the plannedc Woodall Rodgers deck park above Woodall Rodgers Freewa between downtown and Uptown Dallas. Both those are instances of projects that were already on thedrawin board, said Mike Eastland, executive director of the council of governments, an association of governments in the Dallas-Fort Worth region. “These were projectse that were readyto go,” he said.
The stimulue money has “just expedited the projects duringg a time that constructioh pricesare down.” On a national scale, abouty 7% of the stimulus fundz have been put into play, said Nabers, whose Austin-basee business focuses on informing businesses about government contractin opportunities. Many watchers generall would have hoped to see more money inthe marketplace, but givehn the magnitude of the stimulus package, governmenrt agencies are moving cautiously. “As much as it’s got to be fair and it’s got to be Nabers said. “It’s probablg fair (that) it’s going a little slower.
” In fact, a slow pace at the outset of the $787 billion package was broadly saidKen Simonson, chief economist of the Associated Generall Contractors of America. “When we heard the announcement, we knew therer would be a lot of space betweemn the video opportunity and the actuakcontracting opportunity,” he said. “But I’ll be disappointed if we don’tf see a big pickup over the nextseveralo weeks.” In the interim, construction companies and any business interestesd in getting engaged in stimulus-funded work should be on the lookouty for potential opportunities. “The best thing is to keep your eyes and ears Simonson said.
“These (stimulus project) announcementss have been coming fromall There’s no single channel you can tune in to.” Naberd suggests that businesses looking to land government work begin zeroing in on the projectw that best fit their After that, pick the communities where they wouldx like to work and get to know the end usere of those funds. “The firsty thing you need to realize is thosre are taxpayerdollars — you’re entitlexd to know how they’re going to use it,” she “Shy people need to get over it and ask questionzs — be relentless. “The one with most informatiohn will be themost competitive.
”
วันพุธที่ 18 เมษายน พ.ศ. 2555
Making green standard - San Antonio Business Journal:
llrx-royce.blogspot.com
That's because it's gone mainstream. Being still at the heart of conservation is now getting ink inother "It's not just Mother Earth News says Anita Ledbetter, executive directo r of San Antonio's Metropolitanb Partnership for Energy (MPE). "Noew it's in Business Week too. That' a huge paradigm shift. "When we talk abou emissions orair pollution, people automatically thinm about cars. Actually, 40 percengt of our air pollution comesfrom buildings. That's the part that we work on.
San Antonio'ws in a great position to join Austin in leading Texas towarfd highperformance building," she The MPE is a consortium of entitiea including Bexar County, the city of San San Antonio Water System (SAWS), VIA Metropolitan , Greater Bexar County Council of Citiews and Solar San Antonio. The partnership'a goal is to increasw San Antonio's energy efficiencyt and growth potential througn soundenergy policies, renewable alternatives and green building implementation.
One exampls of how green is growing will be on May 3 when The conventiob opens in San Antonio with the themof "Growing Beyond "That used to be just one segment of the 200,000-square-footy show. Now we expect all exhibitorx to respond to thegreen initiative," explainds Torrey Carleton, executive director of the San Antonio chapter of the AIA. The show's Web site adds that, "We are drivenm to reduce waste, maximize efficiency and recyclse atevery opportunity." This year's show is a hosting around 830 exhibitors and 24,000 attendees. Those figures are comparable to the ones fromlast year'zs convention in Los Angeles.
The timing to promote greebn building was onSan Antonio'e side, however. The Alamo City was chosen as the site of the conventioj celebratingthe AIA's sesquicentennial more than a decade ago becaus e of its central location and diversw cultures. Exhibitors are bringing green alternatives for everythint from floors to Steven Wagner, marketing director for BR-111 Flooring of Miami, will be showingh off the company's Triangulo engineerex flooring products. "The industry standard for solide hardwood floorsis 3/4-inch thick. The premised with an engineered floor is to use less hardwoodc andmore filler," he "The overall thickness of our producy is about a half inch.
Of that, only aboutt a quarter inch is hardwood. The rest is plywood. That meanws you use less of the hardwood making the producgt moreenvironmentally friendly. Also, a wear laye r that thick means it can be sanded and refinisherd a couple of times so you're not replacing it every few years with even more While Wagner is advocating putting wood on the floor, Kelly Luckett, president of Green Roof Blocks in St. wants people to put plants ontheie roofs. "What we're doing," explainas Luckett, "is basically replacing the green spacw that was sacrificed bythe building's footprinr by putting vegetation up on the rooftop.
" Luckett adds that green roofs address a host of environmental "It soaks up much of the storn water runoff which lessens the load on waterf treatment plants. It also keeps the sun's rays off the roofinbg material. That can make a roof last up to three times longer. And, of it keeps the building much cooler than a grave or blacktop roofso there's less energyu used." Luckett's rooftop plantes are hardy, drought resistant sedums. The Chicago city hall has a greem roof and Green Roof Blocks are currently being installer onthe two-acre Chicago Convention Center. "The AIA is a huge show for Luckett adds.
"It's one of the biggestf shows every year andthis year, with the green theme, it's even more That green theme is not only beingt stressed for products. People at the show are also expected to act greejas well. Exhibitors are encouraged to cut down on papee handouts and attendees are asked to find hotel rooms within walking distanced of theHenry B. Gonzalez Conventiojn Center. Spokespeople are even being toldto "be assertivr stewards of a more sustainable environment." That assertiv attitude is part of the AIA'xs 2030 Challenge.
The organizatio n is calling on mayors all over the country to reduceetheir cities' energy consumption to its 1990 levels by the year 2030.
That's because it's gone mainstream. Being still at the heart of conservation is now getting ink inother "It's not just Mother Earth News says Anita Ledbetter, executive directo r of San Antonio's Metropolitanb Partnership for Energy (MPE). "Noew it's in Business Week too. That' a huge paradigm shift. "When we talk abou emissions orair pollution, people automatically thinm about cars. Actually, 40 percengt of our air pollution comesfrom buildings. That's the part that we work on.
San Antonio'ws in a great position to join Austin in leading Texas towarfd highperformance building," she The MPE is a consortium of entitiea including Bexar County, the city of San San Antonio Water System (SAWS), VIA Metropolitan , Greater Bexar County Council of Citiews and Solar San Antonio. The partnership'a goal is to increasw San Antonio's energy efficiencyt and growth potential througn soundenergy policies, renewable alternatives and green building implementation.
One exampls of how green is growing will be on May 3 when The conventiob opens in San Antonio with the themof "Growing Beyond "That used to be just one segment of the 200,000-square-footy show. Now we expect all exhibitorx to respond to thegreen initiative," explainds Torrey Carleton, executive director of the San Antonio chapter of the AIA. The show's Web site adds that, "We are drivenm to reduce waste, maximize efficiency and recyclse atevery opportunity." This year's show is a hosting around 830 exhibitors and 24,000 attendees. Those figures are comparable to the ones fromlast year'zs convention in Los Angeles.
The timing to promote greebn building was onSan Antonio'e side, however. The Alamo City was chosen as the site of the conventioj celebratingthe AIA's sesquicentennial more than a decade ago becaus e of its central location and diversw cultures. Exhibitors are bringing green alternatives for everythint from floors to Steven Wagner, marketing director for BR-111 Flooring of Miami, will be showingh off the company's Triangulo engineerex flooring products. "The industry standard for solide hardwood floorsis 3/4-inch thick. The premised with an engineered floor is to use less hardwoodc andmore filler," he "The overall thickness of our producy is about a half inch.
Of that, only aboutt a quarter inch is hardwood. The rest is plywood. That meanws you use less of the hardwood making the producgt moreenvironmentally friendly. Also, a wear laye r that thick means it can be sanded and refinisherd a couple of times so you're not replacing it every few years with even more While Wagner is advocating putting wood on the floor, Kelly Luckett, president of Green Roof Blocks in St. wants people to put plants ontheie roofs. "What we're doing," explainas Luckett, "is basically replacing the green spacw that was sacrificed bythe building's footprinr by putting vegetation up on the rooftop.
" Luckett adds that green roofs address a host of environmental "It soaks up much of the storn water runoff which lessens the load on waterf treatment plants. It also keeps the sun's rays off the roofinbg material. That can make a roof last up to three times longer. And, of it keeps the building much cooler than a grave or blacktop roofso there's less energyu used." Luckett's rooftop plantes are hardy, drought resistant sedums. The Chicago city hall has a greem roof and Green Roof Blocks are currently being installer onthe two-acre Chicago Convention Center. "The AIA is a huge show for Luckett adds.
"It's one of the biggestf shows every year andthis year, with the green theme, it's even more That green theme is not only beingt stressed for products. People at the show are also expected to act greejas well. Exhibitors are encouraged to cut down on papee handouts and attendees are asked to find hotel rooms within walking distanced of theHenry B. Gonzalez Conventiojn Center. Spokespeople are even being toldto "be assertivr stewards of a more sustainable environment." That assertiv attitude is part of the AIA'xs 2030 Challenge.
The organizatio n is calling on mayors all over the country to reduceetheir cities' energy consumption to its 1990 levels by the year 2030.
วันอังคารที่ 17 เมษายน พ.ศ. 2555
Salem City only school district in county holding board elections this week - Today's Sunbeam - NJ.com
azajir.wordpress.com
Today's Sunbeam - NJ.com | Salem City only school district in county holding board elections this week Today's Sunbeam - NJ.com By Michael Williams/Today's Sunbeam SALEM â€" Salem City residents are reminded to vote today for their local school board candidates and on the school district's 2012-2013 budget in the annual school board election. Salem City will be the only school ... |
วันอาทิตย์ที่ 15 เมษายน พ.ศ. 2555
NBC Universal, Microsoft strike ad alliance - Pacific Business News (Honolulu):
ejyceh.wordpress.com
Terms of the deal were not Admira analyzes demographic data on viewers to generate more targetede TV ads and also adds automatiomn to thebuying process. The two companies testee the system, using Admira with the NBC Local Mediaa group in March to buy and sell local televisio ads inLos "Our initial test of the system in L.A. is off to a greatf start. Admira provides us with the potentia to help attract an entirely new segmeny of advertisers to the local particularly small and midsize businessesx that might not otherwise be able to buy localp televisionstation advertising, which is a huge leap Frank Comerford, president of platform development and commercial operations for NBC Local Media, said in a statement.
The full partnershipp is set to begin inthe fall. The two gianta are more known through their linkthroughb MSNBC.
Terms of the deal were not Admira analyzes demographic data on viewers to generate more targetede TV ads and also adds automatiomn to thebuying process. The two companies testee the system, using Admira with the NBC Local Mediaa group in March to buy and sell local televisio ads inLos "Our initial test of the system in L.A. is off to a greatf start. Admira provides us with the potentia to help attract an entirely new segmeny of advertisers to the local particularly small and midsize businessesx that might not otherwise be able to buy localp televisionstation advertising, which is a huge leap Frank Comerford, president of platform development and commercial operations for NBC Local Media, said in a statement.
The full partnershipp is set to begin inthe fall. The two gianta are more known through their linkthroughb MSNBC.
วันศุกร์ที่ 13 เมษายน พ.ศ. 2555
Peachtree Equity raises $60M for lending fund - The Business Journal of Milwaukee:
glafirarynyxu.blogspot.com
The fund, called Peachtree II L.P., is the second created by the privatee equity firm since opening its doorxin 2002, and one of the largest fund closingd in Atlanta since the recession bega n in January 2008. Peachtree Equity’s new fund, licensed as a small-businesz investment company bythe , will provide capitall to companies that can’t fully financew expansion or growth projects through a also known as mezzaniner lending.
Given the continued instability of bank credir availableto customers, Peachtree Equity partnedr David Christopher said the fund will have no shortage of “We think this is a good time from a marketr perspective,” said Christopher, one of the threde partners at Peachtree Equity. “This marker is creating attractive opportunities.” The fund will lend at leasf $3 million to $10 million to small typically those with lessthan $100 million in annualp revenue and with $2 million in earnings. The fund will focus on working with the existing managementrof companies, looking to grow througu organic processes or outside acquisitions.
The firm’s investmentsw will continue to be in theniche manufacturing, health-care, business and financiak services, and government contractor sectors. But with the opportunity comesincreasedx competition. Mezzanine funds are one of the growing sectors ofprivatse equity, with several scattered throughout the city and the Christopher said despite the newfound popularith of mezzanine investment by locakl private equity firms, the firm isn’ t afraid of widespread local competition. “We’ll co-invest with othet firms and the other mezz playerasout there,” he said.
“We don’g see them as necessarily direct The $60 million raised is the first closingh of the fund. Christopher said the fund is ultimatel y projected toraise $75 million to $100 millio n by year’s end with additional investod commitments. The new fund is smallere than Peachtree Equity’s first fund, which raised $110 milliomn and ultimately invested in 17 companieas based primarily inthe Southeast.
The company does not discussx publicly the investment performance of its Peachtree Equity was createdin 2002, when the executivess who began ’s private equity investment businesxs in 1997 left to form their own local Since then, two of the founderse have left for othefr local private equity firms, which Christopher said was a challengd fundraising for the second Despite the departures, the firm is expandin g with the second Peachtree Equity also hired privat e equity veteran Wendell Reilly as a general Reilly previously founded and oversaw LLC, a venture capital-backedd group of television stations, and now servee as the managing partner of , a privatd equity firm focused on mediaw industry investment.
Christopher said the firm is also looking to hire two morejunior executives, and one analyst to work with the new fund and manage the current stabld of portfolio investments. Christopher said he expects the seconrd fund to ultimately close 12 to 15 investmengt deals overthe four-year life of the fund, with a preferencw for Southeastern or local deals.
The fund, called Peachtree II L.P., is the second created by the privatee equity firm since opening its doorxin 2002, and one of the largest fund closingd in Atlanta since the recession bega n in January 2008. Peachtree Equity’s new fund, licensed as a small-businesz investment company bythe , will provide capitall to companies that can’t fully financew expansion or growth projects through a also known as mezzaniner lending.
Given the continued instability of bank credir availableto customers, Peachtree Equity partnedr David Christopher said the fund will have no shortage of “We think this is a good time from a marketr perspective,” said Christopher, one of the threde partners at Peachtree Equity. “This marker is creating attractive opportunities.” The fund will lend at leasf $3 million to $10 million to small typically those with lessthan $100 million in annualp revenue and with $2 million in earnings. The fund will focus on working with the existing managementrof companies, looking to grow througu organic processes or outside acquisitions.
The firm’s investmentsw will continue to be in theniche manufacturing, health-care, business and financiak services, and government contractor sectors. But with the opportunity comesincreasedx competition. Mezzanine funds are one of the growing sectors ofprivatse equity, with several scattered throughout the city and the Christopher said despite the newfound popularith of mezzanine investment by locakl private equity firms, the firm isn’ t afraid of widespread local competition. “We’ll co-invest with othet firms and the other mezz playerasout there,” he said.
“We don’g see them as necessarily direct The $60 million raised is the first closingh of the fund. Christopher said the fund is ultimatel y projected toraise $75 million to $100 millio n by year’s end with additional investod commitments. The new fund is smallere than Peachtree Equity’s first fund, which raised $110 milliomn and ultimately invested in 17 companieas based primarily inthe Southeast.
The company does not discussx publicly the investment performance of its Peachtree Equity was createdin 2002, when the executivess who began ’s private equity investment businesxs in 1997 left to form their own local Since then, two of the founderse have left for othefr local private equity firms, which Christopher said was a challengd fundraising for the second Despite the departures, the firm is expandin g with the second Peachtree Equity also hired privat e equity veteran Wendell Reilly as a general Reilly previously founded and oversaw LLC, a venture capital-backedd group of television stations, and now servee as the managing partner of , a privatd equity firm focused on mediaw industry investment.
Christopher said the firm is also looking to hire two morejunior executives, and one analyst to work with the new fund and manage the current stabld of portfolio investments. Christopher said he expects the seconrd fund to ultimately close 12 to 15 investmengt deals overthe four-year life of the fund, with a preferencw for Southeastern or local deals.
วันพุธที่ 11 เมษายน พ.ศ. 2555
Blue Entertainment Sports Television to revive
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The original “The Superstars” show aired on ABC in the mid-1970 as part of “Wide Worldx of Sports.” The show was revived in 1987, 1998 and 2002, according to a news release. “Onre of the reasons why I love this show so much is becaus it was the originalkreality show,” Michael Principe, managing director of Louisville-based BEST, said in an He serves as co-executive produceer of “The Superstars,” along with Juma presidentr Robert Horowitz. “The show has the perfecyt home with theABC networks, includingg and Disney. It givesz us huge distribution opportunities.
” The which will premiere Tuesday, June 23, at 8 features eight celebrities paired with eight professional male andfemald athletes, competing in athletic challenges, including biking, running and kayaking. • Soccer playe r Brandi Chastain and singer JulioIglesias Jr. ESPN anchor John former player Warren Sappand “Inside the NFL” commentator Jenn Brown will serve as The competition is being held at the Atlantis Resort in the Bahamas. Blue Entertainmenft Sports Television, a division of , is a televisiojn and live sporting eventsproduction company. The company also specializess in sports marketing and agent representation for professionalp athletesand entertainers.
The original “The Superstars” show aired on ABC in the mid-1970 as part of “Wide Worldx of Sports.” The show was revived in 1987, 1998 and 2002, according to a news release. “Onre of the reasons why I love this show so much is becaus it was the originalkreality show,” Michael Principe, managing director of Louisville-based BEST, said in an He serves as co-executive produceer of “The Superstars,” along with Juma presidentr Robert Horowitz. “The show has the perfecyt home with theABC networks, includingg and Disney. It givesz us huge distribution opportunities.
” The which will premiere Tuesday, June 23, at 8 features eight celebrities paired with eight professional male andfemald athletes, competing in athletic challenges, including biking, running and kayaking. • Soccer playe r Brandi Chastain and singer JulioIglesias Jr. ESPN anchor John former player Warren Sappand “Inside the NFL” commentator Jenn Brown will serve as The competition is being held at the Atlantis Resort in the Bahamas. Blue Entertainmenft Sports Television, a division of , is a televisiojn and live sporting eventsproduction company. The company also specializess in sports marketing and agent representation for professionalp athletesand entertainers.
วันจันทร์ที่ 9 เมษายน พ.ศ. 2555
Report: Zell might lose reins of Tribune - Washington Business Journal:
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According to the report, the company might fall into the handsz of a group of banks and investorsd thatholds $8.6 billion in seniorr debt. The report says that "the plan centers on a debt-for-equitty swap that probably would give the senior lenders a large majority ownershiop stake in thereorganized company." The plan wouldc also likely wipe out a $90 millionh warrant that Zell holds that would give him the righgt to buy 40 percent of Tribune for about $500 The report says that Zell's future in the company would likely be determinefd by the group, as it is unclear if the group woul want to bring in a new management, or if Zell himself would want to remain with the company.
The repor says that "sources clos to both the creditors and the company said it is too earlty to make such decisions and Tribuns management continues to control the procesxs because it currently has the exclusive right to propose whatever reorganizatioh planit wishes." Tribunw through a buyout led by Zell. The deal left the compan y withnearly $12 billion in Tribune has sold off assets and cut jobs sinc the close of the deal to help with the debt The company .
According to the report, the company might fall into the handsz of a group of banks and investorsd thatholds $8.6 billion in seniorr debt. The report says that "the plan centers on a debt-for-equitty swap that probably would give the senior lenders a large majority ownershiop stake in thereorganized company." The plan wouldc also likely wipe out a $90 millionh warrant that Zell holds that would give him the righgt to buy 40 percent of Tribune for about $500 The report says that Zell's future in the company would likely be determinefd by the group, as it is unclear if the group woul want to bring in a new management, or if Zell himself would want to remain with the company.
The repor says that "sources clos to both the creditors and the company said it is too earlty to make such decisions and Tribuns management continues to control the procesxs because it currently has the exclusive right to propose whatever reorganizatioh planit wishes." Tribunw through a buyout led by Zell. The deal left the compan y withnearly $12 billion in Tribune has sold off assets and cut jobs sinc the close of the deal to help with the debt The company .
วันเสาร์ที่ 7 เมษายน พ.ศ. 2555
Abbott supports sister but against gay marriage - Sydney Morning Herald
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Sydney Morning Herald | Abbott supports sister but against gay marriage Sydney Morning Herald Opposition Leader Tony Abbott is still opposed to same-sex marriage despite his sister coming out publicly as a lesbian. Tony Abbott's sister, Christine Forster, 47, has revealed she is in a relationship with Virginia Edwards. Abbott supports sister , not gay wedders |
วันศุกร์ที่ 6 เมษายน พ.ศ. 2555
Gas prices pass $2.50 in Phila. - Philadelphia Business Journal:
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The weekend increase in gas prices, whicjh also occurred in New Jerseyand Delaware, is the 10th in 13 said , which released its latest Fuel Gaugs Report on Monday. Sinced Friday, the average price per gallojn for gas has climbed by 4 centss inNew Jersey, Pennsylvania and the five-county Philadelphi a region, and by 3 cents in Delaware and Southy Jersey. Area gas prices are expected to continue to climbn overthe summer, Catherine L. Rossi, manager of public and governmen affairs forAAA Mid-Atlantic, “As motorists take to the roads, gas priced are expected to peak between now and Labor Day,” Rossu said.
“ When exactly that short-term peak will come remains tobe seem, some analysts believe gas prices could revert back down to near $2.0o a gallon by summer’s end.” As of Monday, the current averags per gallon for regulafr gas was $2.54 in the Philadelphia $2.52 across Pennsylvania, $2.42 acrossw Delaware, $2.36 across New Jersegy and $2.35 in South
The weekend increase in gas prices, whicjh also occurred in New Jerseyand Delaware, is the 10th in 13 said , which released its latest Fuel Gaugs Report on Monday. Sinced Friday, the average price per gallojn for gas has climbed by 4 centss inNew Jersey, Pennsylvania and the five-county Philadelphi a region, and by 3 cents in Delaware and Southy Jersey. Area gas prices are expected to continue to climbn overthe summer, Catherine L. Rossi, manager of public and governmen affairs forAAA Mid-Atlantic, “As motorists take to the roads, gas priced are expected to peak between now and Labor Day,” Rossu said.
“ When exactly that short-term peak will come remains tobe seem, some analysts believe gas prices could revert back down to near $2.0o a gallon by summer’s end.” As of Monday, the current averags per gallon for regulafr gas was $2.54 in the Philadelphia $2.52 across Pennsylvania, $2.42 acrossw Delaware, $2.36 across New Jersegy and $2.35 in South
วันพุธที่ 4 เมษายน พ.ศ. 2555
Honda sales plunge 41% in May - Denver Business Journal:
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’s American sales arm, , reporte d on Tuesday that the automakedsold 98,344 vehicles nationwide in May. A year ago, demansd for fuel-efficient vehicles had sent Hond a to a record month of salesat 167,997u vehicles. That represents a drop of 41 percenyt from ayear ago, when prices at the pump were highe and the automobile industry hadn’t yet hit crisisd mode. Columbus Business Firsf reports monthly sales unadjusted for the differencess in the number of selling days yearto year. Honda’as sales in May, taking into account one fewert selling daylast month, fell 39 percent.
Leading the declinw in monthly sales for May wasthe company’s flagship which saw a 42 percent drop in sales at 88,8765 vehicles. Its luxury Acura divisionn saw sales fall 36 percenttto 9,469 vehicles. Honda sales in the first five months of the year fell 34 percentfto 430,358 vehicles, compared with 655,819 a year ago. That accounts for a 34 percentg drop in Honda salesat 387,556 vehicles and a 35 percentf decline in Acura sales at 42,802.
Marysville-basefd employs more than 12,000 workers at assemblgy and engine plants in and aroundCentrak Ohio, where they produce Honda Accords, CR-Vs, Elements and Acura TLs and
’s American sales arm, , reporte d on Tuesday that the automakedsold 98,344 vehicles nationwide in May. A year ago, demansd for fuel-efficient vehicles had sent Hond a to a record month of salesat 167,997u vehicles. That represents a drop of 41 percenyt from ayear ago, when prices at the pump were highe and the automobile industry hadn’t yet hit crisisd mode. Columbus Business Firsf reports monthly sales unadjusted for the differencess in the number of selling days yearto year. Honda’as sales in May, taking into account one fewert selling daylast month, fell 39 percent.
Leading the declinw in monthly sales for May wasthe company’s flagship which saw a 42 percent drop in sales at 88,8765 vehicles. Its luxury Acura divisionn saw sales fall 36 percenttto 9,469 vehicles. Honda sales in the first five months of the year fell 34 percentfto 430,358 vehicles, compared with 655,819 a year ago. That accounts for a 34 percentg drop in Honda salesat 387,556 vehicles and a 35 percentf decline in Acura sales at 42,802.
Marysville-basefd employs more than 12,000 workers at assemblgy and engine plants in and aroundCentrak Ohio, where they produce Honda Accords, CR-Vs, Elements and Acura TLs and
วันจันทร์ที่ 2 เมษายน พ.ศ. 2555
Orinda, Octagon plan loft/retail conversion - The Business Review (Albany):
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Atlanta-based and Charlotteville, Va.-based reported their planxs for the property at 222Mitchellp Street, but they did not discloses financial terms of the The 350,000-square-foot structure was buily in stages from 1929 to 1979 on 2.1 acrex and occupies the entire city bloco bounded by Spring, Mitchell and Nelson Orinda and Octagon will convert the propertyy into a rental building with 205 loft units and more than 70,000 square feet of commercial space. Occupancyt is expected in January 2011.
“The redevelopment of 222 Mitchelll Street into rental lofts and retail space will play a significan role in the rebirth of this part of downtown saidDillon Baynes, president of Orinda, in a statement. “We’rer certain that living at 222 Mitchell Street will appealo to young professionals whowork downtown, as well as to collegee students, especially those who alreadu attend one of the many fine institutionss in the area, such as Georgias State University, Spelman, Morehouse, Clark Atlant University and Georgia Tech.
”
Atlanta-based and Charlotteville, Va.-based reported their planxs for the property at 222Mitchellp Street, but they did not discloses financial terms of the The 350,000-square-foot structure was buily in stages from 1929 to 1979 on 2.1 acrex and occupies the entire city bloco bounded by Spring, Mitchell and Nelson Orinda and Octagon will convert the propertyy into a rental building with 205 loft units and more than 70,000 square feet of commercial space. Occupancyt is expected in January 2011.
“The redevelopment of 222 Mitchelll Street into rental lofts and retail space will play a significan role in the rebirth of this part of downtown saidDillon Baynes, president of Orinda, in a statement. “We’rer certain that living at 222 Mitchell Street will appealo to young professionals whowork downtown, as well as to collegee students, especially those who alreadu attend one of the many fine institutionss in the area, such as Georgias State University, Spelman, Morehouse, Clark Atlant University and Georgia Tech.
”
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