mozybyd.wordpress.com
“We witnessed the potentially devastating effects of this misinformation campaignh when the Senate Energu and Natural Resources committee votefd to openup Florida's coasyt to drilling,” the letter to Nelson reads. “Therer are faster, cheaper, and cleaner alternatives to drillingy including energy efficiency and renewableenergy sources,” it Florida now bans oil and gas drilling withim 125 miles of its coasts in the Gulf of Mexico. But the approved an amendment to an energy bill June 9 that woulsd allow drilling much within45 miles. The entire area in the eastern portiobn of the Gulf of Mexicko that would be opened to drilling could contain 3.
7 billion barrels of oil and 21.5 tcf of natural gas, accordingt to the . The new language passed by a 13-19 vote.
Tuesday, May 31, 2011
Sunday, May 29, 2011
Montgomery County votes for Purple Line to be rail - Washington Business Journal:
ycoguqi.wordpress.com
The 16-mile route, built as light-rail, is expected to cost about $1.2 Prince George’s County Council had already endorseedthe light-rail option. Some Chevy Chase, Bethesda and Silvedr Spring residents have pushed fora rapid-busz option instead, arguing that the rail was too too noisy or too disruptive to a bike trai or nearby houses. The line would connect Metro’s Red and Green lines, several Marc train and would give the rail serviceon campus. State transity officials will make the decision on fundingf sometime between May and Jack Calahan, spokesman for the , said the loca consensus for rail will be factorexd into the decision.
The county, state and federall governments are expected to sharre the costs ofthe line, but some of the money Montgomer y County spent years ago on buying right-of-wah will be counted. It is too early to say if more localk contributions willbe required, Calahan “What you’re looking at is a huge amount of money,” he The light-rail project will have to compete on the federal levelk with projects from around the and Maryland’s state transportation funding has been hurt by droppiny revenues, the earlier projection of a possible startr date -- 2012 -- is no longer valid. “That was before the economyg went south,” Calahan said.
“It’s probably overlhy optimistic.” No new date has been he said. Ridership on a light-rail Purple Line is projectedat 63,000 dailh -- about 43,000 currently ride slower buses along the
The 16-mile route, built as light-rail, is expected to cost about $1.2 Prince George’s County Council had already endorseedthe light-rail option. Some Chevy Chase, Bethesda and Silvedr Spring residents have pushed fora rapid-busz option instead, arguing that the rail was too too noisy or too disruptive to a bike trai or nearby houses. The line would connect Metro’s Red and Green lines, several Marc train and would give the rail serviceon campus. State transity officials will make the decision on fundingf sometime between May and Jack Calahan, spokesman for the , said the loca consensus for rail will be factorexd into the decision.
The county, state and federall governments are expected to sharre the costs ofthe line, but some of the money Montgomer y County spent years ago on buying right-of-wah will be counted. It is too early to say if more localk contributions willbe required, Calahan “What you’re looking at is a huge amount of money,” he The light-rail project will have to compete on the federal levelk with projects from around the and Maryland’s state transportation funding has been hurt by droppiny revenues, the earlier projection of a possible startr date -- 2012 -- is no longer valid. “That was before the economyg went south,” Calahan said.
“It’s probably overlhy optimistic.” No new date has been he said. Ridership on a light-rail Purple Line is projectedat 63,000 dailh -- about 43,000 currently ride slower buses along the
Friday, May 27, 2011
The proteomic complexity and rise of the primordial ancestor of diversified life - 7thSpace Interactive (press release)
iwyqaxewun.wordpress.com
The proteomic complexity and rise of the primordial ancestor of diversified life 7thSpace Interactive (press release) It lacked however fundamental functions, including transcription, processes for extracellular communication, and enzymes for deoxyribonucleotide synthesis. Proteomic history reveals the urancestor is closer to a simple progenote organism but harbors a ... |
Tuesday, May 24, 2011
Aurora-based financial industry association to rank advisers - Denver Business Journal:
hardboard siding
A new nonprofit organization, the Aurora-based National Association of Boar Certified AdvisoryPractices (NABCAP), aims to fill that gap. NABCAP’sx website, at http://www.nabcap.org, was scheduled to go live on Thursday. The organizationj currently hasfive employees, and plans to hire betweejn 10 and 25 additionak people over the next six to 12 monthxs as it ramps up its effort to revieww and rate most of the nation’s roughly 400,0090 active licensed investment advisers. The goal is to identify best-qualitg practices and rate advisers baser on how well theyperformn them. “We want to empower the investintg public,” said Schwartz, NABCAP’s founder and president.
“If you look at how advisor y practices are reviewed and there are many companies outtherwe [doing this]. They all are for-profit and they look at things from aperspectiv that’s different from the public’s, in our opinion.” NABCAP hopesz to publish the information this fall on its websitre and in as-yet-undetermined national and local publications; the reviewx will be updated on an ongoingf basis. Each advisory practice will be rated in 20differenr categories, including investment and risk philosophy, team years of experience, credentials and percentage of alternative investments, fee and cost structure and customet service, Schwartz said.
Reviewers will verify information provided by the including interviewing team memberzs andcontacting clients. Advisory practices will be chargexd $245 to participate. Some of the factors oftenj weighed byother reviewers, includint a firm’s revenue and assetsd under management, are irrelevant to the average investor’s and NABCAP won’t consider Average return on investment is another area NABCAPo steers away from, because it’s too difficulft to evaluate returns on diversed portfolios, or to differentiate between assets held by the advise r and external assets held by the investor but on which the advisert may provide guidance.
Instead, NABCAP will focusa on factors that directlyuaffect clients, such as the numbe r of investors handled by each adviser. “The industr average is around 400 clients per Schwartz said. “The wirehouses will say they’re closee to 250 per adviser ... Mathematically, it’ss impossible to work an eight-hour day, 10-houd day, even 12-hour day, and take care of those If they’re already at 250 per the only way you want to become theitr next client isif [youdr net worth puts you] in the top 20 percenft of their clients, because you know they’re going to take care of thosr people.
” NABCAP has been in the planning and developmentr stage for 3-1/2 years, long before the 2008 market But the recent recession and last year’sa market losses underscore the need for an unbiase d resource that serves the investing public, not the investmenty industry, Schwartz said. “Investors consistentlyh get burned everytime there’s a poor cycle or correctionb in the market, or what we’re going through righ t now, a massive recession,” Schwartzs said. “The numbers are just staggering, how poorlu investors performedlast year.
”
A new nonprofit organization, the Aurora-based National Association of Boar Certified AdvisoryPractices (NABCAP), aims to fill that gap. NABCAP’sx website, at http://www.nabcap.org, was scheduled to go live on Thursday. The organizationj currently hasfive employees, and plans to hire betweejn 10 and 25 additionak people over the next six to 12 monthxs as it ramps up its effort to revieww and rate most of the nation’s roughly 400,0090 active licensed investment advisers. The goal is to identify best-qualitg practices and rate advisers baser on how well theyperformn them. “We want to empower the investintg public,” said Schwartz, NABCAP’s founder and president.
“If you look at how advisor y practices are reviewed and there are many companies outtherwe [doing this]. They all are for-profit and they look at things from aperspectiv that’s different from the public’s, in our opinion.” NABCAP hopesz to publish the information this fall on its websitre and in as-yet-undetermined national and local publications; the reviewx will be updated on an ongoingf basis. Each advisory practice will be rated in 20differenr categories, including investment and risk philosophy, team years of experience, credentials and percentage of alternative investments, fee and cost structure and customet service, Schwartz said.
Reviewers will verify information provided by the including interviewing team memberzs andcontacting clients. Advisory practices will be chargexd $245 to participate. Some of the factors oftenj weighed byother reviewers, includint a firm’s revenue and assetsd under management, are irrelevant to the average investor’s and NABCAP won’t consider Average return on investment is another area NABCAPo steers away from, because it’s too difficulft to evaluate returns on diversed portfolios, or to differentiate between assets held by the advise r and external assets held by the investor but on which the advisert may provide guidance.
Instead, NABCAP will focusa on factors that directlyuaffect clients, such as the numbe r of investors handled by each adviser. “The industr average is around 400 clients per Schwartz said. “The wirehouses will say they’re closee to 250 per adviser ... Mathematically, it’ss impossible to work an eight-hour day, 10-houd day, even 12-hour day, and take care of those If they’re already at 250 per the only way you want to become theitr next client isif [youdr net worth puts you] in the top 20 percenft of their clients, because you know they’re going to take care of thosr people.
” NABCAP has been in the planning and developmentr stage for 3-1/2 years, long before the 2008 market But the recent recession and last year’sa market losses underscore the need for an unbiase d resource that serves the investing public, not the investmenty industry, Schwartz said. “Investors consistentlyh get burned everytime there’s a poor cycle or correctionb in the market, or what we’re going through righ t now, a massive recession,” Schwartzs said. “The numbers are just staggering, how poorlu investors performedlast year.
”
Sunday, May 22, 2011
Krieger: Feds take chance on pursuing Lance - Denver Post
composite siding
The Guardian | Krieger: Feds take chance on pursuing Lance Denver Post Today, the only part of the story that shocks us is that the feds and "60 Minutes" are still pursuing it. They remain on the case because there is big game left to bag. It's only fair, after » |
Friday, May 20, 2011
Heinz nurtures vitamin-deficient Haitian young - Pittsburgh Tribune-Review
http://elcaprinceofpeacelincoln.org/news/
Heinz nurtures vitamin-deficient Haitian young Pittsburgh Tribune-Review Rawson -- a Pittsburgh native in the United States to deliver the commencement address on Friday at Goucher College in Baltimore -- is working to change that with a team of researchers at HJ Heinz Co. Heinz has developed a nutritional supplement called ... |
Tuesday, May 17, 2011
Instruments a Comin' event at Tipitina's to raise money for local, Japanese ... - NOLA.com
uqudenlid.blogspot.com
Instruments a Comin' event at Tipitina's to raise money for local, Japanese ... NOLA.com By Keith Spera, The Times-Picayune For a decade, the Instruments a Comin' benefit on the Monday between New Orleans Jazz Fest weekends has raised money for the Tipitina's Foundation to buy instruments for school marching bands. ... Today's Top Events, Monday May 2 |
Sunday, May 15, 2011
Food Technology Service Inc. licensed to use irradiation - Tampa Bay Business Journal:
esivyjifag.wordpress.com
The Mulberry business is the first facilitt in the nation to be formally recognized to use this process since the issuedx approval for radiation usein 2005, according to a releasde from the . The process has been validatesdin trials, including analytical procedures conducted by the ’s Food Sciencr and Human Nutrition Department. Irradiation reduces potentiallh harmful bacteria without alterinbg the flavor or appearancer of liveraw oysters, the releass said. Prepackaged oysters are exposefd to a very specific and controlled amount of radiatiob that selectively kills certain type and amountsof bacteria, the release said.
Irradiatio n provides a cost-effective and energy efficienyt method for providing safer oyster productwsfrom Florida, Charles Bronson, the agriculture department’es commissioner, said in a Food Technology Service owns and operates an irradiationj facility that uses gamma radiation produced by Cobalt 60 to trea or process various food and non-foodc products. The company’s facility, which beganb operating in 1992, is designed to operate 24 hourxsa day. Food Technology Service owns a 4.
33-acre site that includexs the irradiation facility, executive offices and a
The Mulberry business is the first facilitt in the nation to be formally recognized to use this process since the issuedx approval for radiation usein 2005, according to a releasde from the . The process has been validatesdin trials, including analytical procedures conducted by the ’s Food Sciencr and Human Nutrition Department. Irradiation reduces potentiallh harmful bacteria without alterinbg the flavor or appearancer of liveraw oysters, the releass said. Prepackaged oysters are exposefd to a very specific and controlled amount of radiatiob that selectively kills certain type and amountsof bacteria, the release said.
Irradiatio n provides a cost-effective and energy efficienyt method for providing safer oyster productwsfrom Florida, Charles Bronson, the agriculture department’es commissioner, said in a Food Technology Service owns and operates an irradiationj facility that uses gamma radiation produced by Cobalt 60 to trea or process various food and non-foodc products. The company’s facility, which beganb operating in 1992, is designed to operate 24 hourxsa day. Food Technology Service owns a 4.
33-acre site that includexs the irradiation facility, executive offices and a
Friday, May 13, 2011
EMC beefs up Mass. presence with Cambridge lab, MIT sponsorship deal - Denver Business Journal:
http://www.indabamusic.com/people/275351616
The Hopkinton, Mass., storage and information managementgiant (NYSE: EMC) said Wednesday the Medi Lab sponsorship is one of several initiatives coordinated out of EMC Researcbh Cambridge, which will be located at 11 Cambridge Ctr. in Mass. The center will house EMC’s security-businessw research lab, RSA Laboratories, as well as abou t a dozen researchers, technologists and businessa leadersacross EMC’s business units. The company also has researcy facilities in China andSanta Calif.
“Research and advancefd technology groupsacross EMC, alongv with our global university research partners, are discoverint and exploring new technologies that will shapse the future of digital said Jeff Nick, EMC senior vice president and chief technology in a statement. “This is an incredibls opportunity for EMC to bring together some ofthe world’s leading researcu minds and innovators in areas such as personal information information integration and cloud computing.
” As a consortiumm sponsor of the MIT Media Lab, EMC will be able to accesas the center’s research on how peopl use and interact with new EMC said its initial collaboration will be on new models for data ownership and interfaces for business transactions and health care IT A consortium sponsorship costas $200,000 per year for a minimum of three years. Sponsors receivwe full intellectual property rights to technology developed at the lab durinttheir sponsorship. The announcement comes a week after EMC and a grouop of universities and technologyh companies announced the development of a high performancew computing research facilityin Holyoke, Mass.
Othe tech giants have built dedicated R&D lab in Cambridgre in recent years. (Nasdaq: MSFT), (Nasdaq: GOOG) and IBM) built research centers in the city in the pasttwo
The Hopkinton, Mass., storage and information managementgiant (NYSE: EMC) said Wednesday the Medi Lab sponsorship is one of several initiatives coordinated out of EMC Researcbh Cambridge, which will be located at 11 Cambridge Ctr. in Mass. The center will house EMC’s security-businessw research lab, RSA Laboratories, as well as abou t a dozen researchers, technologists and businessa leadersacross EMC’s business units. The company also has researcy facilities in China andSanta Calif.
“Research and advancefd technology groupsacross EMC, alongv with our global university research partners, are discoverint and exploring new technologies that will shapse the future of digital said Jeff Nick, EMC senior vice president and chief technology in a statement. “This is an incredibls opportunity for EMC to bring together some ofthe world’s leading researcu minds and innovators in areas such as personal information information integration and cloud computing.
” As a consortiumm sponsor of the MIT Media Lab, EMC will be able to accesas the center’s research on how peopl use and interact with new EMC said its initial collaboration will be on new models for data ownership and interfaces for business transactions and health care IT A consortium sponsorship costas $200,000 per year for a minimum of three years. Sponsors receivwe full intellectual property rights to technology developed at the lab durinttheir sponsorship. The announcement comes a week after EMC and a grouop of universities and technologyh companies announced the development of a high performancew computing research facilityin Holyoke, Mass.
Othe tech giants have built dedicated R&D lab in Cambridgre in recent years. (Nasdaq: MSFT), (Nasdaq: GOOG) and IBM) built research centers in the city in the pasttwo
Wednesday, May 11, 2011
FPL, SunPower sign solar power agreement - South Florida Business Journal:
cahijisebi.wordpress.com
San Jose, Calif.-based SunPowerr also committed to locating a research and development center in Florida if the state continue s to expandsolar programs. “Our agreementg with SunPower for competitively pricedd panels and systems represents a key milestonre in the execution of oursolart strategy,” FPL Group President and COO Jim Robo said in a news As the Business Journal reported in , SunPowerf is working with FPL (NYSE: FPL) to builde its DeSoto and Spac e Coast next-generation solar energy centers, which are bringinyg commercial-scale solar photovoltaic power to Floridaz for the very first time.
SunPowe r said it would locat a research and development cented employing up to 50 workers in Florida if the state continues to support the deployment of additionalsolar energy, and it would work with FPL Group and the state to identify a suitable location. FPL Grouo shares were down 26 centsdto $50.08 in late morninf trading. The 52-week high was $68.98 on May 2. The 52-weem low was $33.81 on Oct. 10.
San Jose, Calif.-based SunPowerr also committed to locating a research and development center in Florida if the state continue s to expandsolar programs. “Our agreementg with SunPower for competitively pricedd panels and systems represents a key milestonre in the execution of oursolart strategy,” FPL Group President and COO Jim Robo said in a news As the Business Journal reported in , SunPowerf is working with FPL (NYSE: FPL) to builde its DeSoto and Spac e Coast next-generation solar energy centers, which are bringinyg commercial-scale solar photovoltaic power to Floridaz for the very first time.
SunPowe r said it would locat a research and development cented employing up to 50 workers in Florida if the state continues to support the deployment of additionalsolar energy, and it would work with FPL Group and the state to identify a suitable location. FPL Grouo shares were down 26 centsdto $50.08 in late morninf trading. The 52-week high was $68.98 on May 2. The 52-weem low was $33.81 on Oct. 10.
Sunday, May 8, 2011
Montgomery County votes for Purple Line to be rail - Washington Business Journal:
qalymeled.wordpress.com
The 16-mile route, built as light-rail, is expectedf to cost about $1.2 billion. Princw George’s County Council had already endorsedthe light-raip option. Some Chevy Chase, Bethesda and Silver Springb residents have pushed fora rapid-bus option instead, arguing that the rail was too expensive, too noisy or too disruptive to a bike traio or nearby houses. The line woulde connect Metro’s Orange, Red and Greenm lines, several Marc train stations, and would give the rail servicseon campus. State transit officialse will make the decision on funding sometime betweeb Mayand July.
Jack Calahan, spokesman for the , said the locall consensus for rail will be factored into the The county, state and federalo governments are expected to sharer the costs of the line, but some of the moneyt Montgomery County spent yearsa ago on buying right-of-way will be counted. It is too early to say if more locaol contributions willbe required, Calaham said. “What you’re looking at is a huge amounfof money,” he said.
The light-railo project will have to compete on the federal leveo with projects from aroundthe country, and Maryland’sw state transportation funding has been hurt by dropping revenues, the earliedr projection of a possible start date -- 2012 -- is no longefr valid. “That was before the economy went south,” Calahan said. “It’s probably overly optimistic.” No new date has been he said. Ridership on a light-rail Purple Line is projected at 63,000 daily -- about 43,000 currently ride slowerd buses alongthe route.
The 16-mile route, built as light-rail, is expectedf to cost about $1.2 billion. Princw George’s County Council had already endorsedthe light-raip option. Some Chevy Chase, Bethesda and Silver Springb residents have pushed fora rapid-bus option instead, arguing that the rail was too expensive, too noisy or too disruptive to a bike traio or nearby houses. The line woulde connect Metro’s Orange, Red and Greenm lines, several Marc train stations, and would give the rail servicseon campus. State transit officialse will make the decision on funding sometime betweeb Mayand July.
Jack Calahan, spokesman for the , said the locall consensus for rail will be factored into the The county, state and federalo governments are expected to sharer the costs of the line, but some of the moneyt Montgomery County spent yearsa ago on buying right-of-way will be counted. It is too early to say if more locaol contributions willbe required, Calaham said. “What you’re looking at is a huge amounfof money,” he said.
The light-railo project will have to compete on the federal leveo with projects from aroundthe country, and Maryland’sw state transportation funding has been hurt by dropping revenues, the earliedr projection of a possible start date -- 2012 -- is no longefr valid. “That was before the economy went south,” Calahan said. “It’s probably overly optimistic.” No new date has been he said. Ridership on a light-rail Purple Line is projected at 63,000 daily -- about 43,000 currently ride slowerd buses alongthe route.
Friday, May 6, 2011
NACA to add more than 1,000 jobs in Charlotte - Atlanta Business Chronicle:
ovaluleq.wordpress.com
The hiring will begin immediately, with the nationalo nonprofit hosting a job fair Fridayand Saturday. NACA focusese on lending to low- and moderate-income families. Gov. Bev Perdu e announced the expansion Thursday, with the statee giving NACA a $1 million grant from the One Nort hCarolina Fund. It plans to invest more than $4 million here, with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. financ e sector, and this is a tremendous opportunityh forthe Charlotte-area,” Perdued said. “Our top-rated business climate and skiller financial-services work force are attractive to growingnationao operations.
” NACA is headquarterexd in Boston and operates more than 40 offices It currently employs about 100 workere in Mecklenburg County to originatre and process mortgage Under the five-year state incentive the organization plans to add 550 jobs The jobs will pay an average annuaol wage of $35,982. Salaries will range up to $80,000 annually. The hiring will focus on mortgage negotiators, customer-service call-center managers and mortgage “NACA is excited that it’ws putting more than 1,00o people to work during these tougheconomid times,” NACA Chief Executive Brucs Marks said Thursday.
“Today’s announcement is more than just a soundrbite — we are following throughy on this investment by holdinb a jobs fair tomorrow to hire 550 peopled immediately.” Perdue said Thursday that she consulted with formet Bank of America Corp. Chairmam Hugh McColl Jr. about the McColl has been a longtime supportedrof NACA’s work. BofA beganj a partnership with NACAunder McColl’w watch in 1995 and in 2004 committed $6 billion to its lendinvg program. Perdue says McCol l confirmed to her that he expectedd NACA could follow through on its job commitments in severalphone conversations.
“When someone begins somethinbg like thisin Charlotte, it always grows,” McColkl said in an interview “They’ll come in and find this is a good placee to find (a work I would hope it would be an eruptionn of jobs, not just trickl down.” The group claims it will be the larges t number of people hired immediately in one area and the largest job commitmenf in the country since the mortgage crisixs began in 2007. The hiring comes as NACA embarks on a nationwidd Save theDream Tour. Marks says the added jobs are cruciakl as NACA leads its campaigb to makemortgages affordable.
Hundreds of NACA staff will providee long-term solutions for homeowners with anunaffordable mortgage. “Charlottd continues to be attractive because of ourknowledgeabld financial-services work force and we welcome NACA’s investment in Nortgh Carolina,” N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a release. NACA’es Counseling Center is in the Charlotte East office park off Albemarle Road betweem Central Avenue and FarmPond Lane.
“Charlottd continues to be recognized as a leader in financial servicesa with a talented and experiencedflabor force,” says Charlotte Chamber Chairman Tim “We are pleased to welcome NACA to the community and look forwardd to the investment in jobs and presencee they will bring to our East The chamber assisted NACA in its expansion Charlotte East owner Roger Kellogg, principal of , and leasinhg director Eric Speckman have worked closely with NACA since 2007, when the nonprofig established a small office in the NACA has legally binding agreements with all the major lenders/servicers to restructure the mortgages they The NACA agreements cover more than 90 percent of homeowneras with an unaffordable mortgage.
The stafd from the Counseling Center in Charlotte will traveol nationwide to work on Save the Drea events where morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgagesa with permanent interest rateds often at 4 percent, 3 percent and 2 percentf and where necessary the principal The organization, started in 1988, has the primary goal of buildingf strong, healthy neighborhoods nationwide through affordable homeownership. NACA operationas include financial counseling, specialized mortgage services and a Home Save progra m for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Friday and Saturday at its CharlotteCounselinfg Center. For more information about Neighborhood Assistance Corporationof America, including employment opportunities, go to
The hiring will begin immediately, with the nationalo nonprofit hosting a job fair Fridayand Saturday. NACA focusese on lending to low- and moderate-income families. Gov. Bev Perdu e announced the expansion Thursday, with the statee giving NACA a $1 million grant from the One Nort hCarolina Fund. It plans to invest more than $4 million here, with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. financ e sector, and this is a tremendous opportunityh forthe Charlotte-area,” Perdued said. “Our top-rated business climate and skiller financial-services work force are attractive to growingnationao operations.
” NACA is headquarterexd in Boston and operates more than 40 offices It currently employs about 100 workere in Mecklenburg County to originatre and process mortgage Under the five-year state incentive the organization plans to add 550 jobs The jobs will pay an average annuaol wage of $35,982. Salaries will range up to $80,000 annually. The hiring will focus on mortgage negotiators, customer-service call-center managers and mortgage “NACA is excited that it’ws putting more than 1,00o people to work during these tougheconomid times,” NACA Chief Executive Brucs Marks said Thursday.
“Today’s announcement is more than just a soundrbite — we are following throughy on this investment by holdinb a jobs fair tomorrow to hire 550 peopled immediately.” Perdue said Thursday that she consulted with formet Bank of America Corp. Chairmam Hugh McColl Jr. about the McColl has been a longtime supportedrof NACA’s work. BofA beganj a partnership with NACAunder McColl’w watch in 1995 and in 2004 committed $6 billion to its lendinvg program. Perdue says McCol l confirmed to her that he expectedd NACA could follow through on its job commitments in severalphone conversations.
“When someone begins somethinbg like thisin Charlotte, it always grows,” McColkl said in an interview “They’ll come in and find this is a good placee to find (a work I would hope it would be an eruptionn of jobs, not just trickl down.” The group claims it will be the larges t number of people hired immediately in one area and the largest job commitmenf in the country since the mortgage crisixs began in 2007. The hiring comes as NACA embarks on a nationwidd Save theDream Tour. Marks says the added jobs are cruciakl as NACA leads its campaigb to makemortgages affordable.
Hundreds of NACA staff will providee long-term solutions for homeowners with anunaffordable mortgage. “Charlottd continues to be attractive because of ourknowledgeabld financial-services work force and we welcome NACA’s investment in Nortgh Carolina,” N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a release. NACA’es Counseling Center is in the Charlotte East office park off Albemarle Road betweem Central Avenue and FarmPond Lane.
“Charlottd continues to be recognized as a leader in financial servicesa with a talented and experiencedflabor force,” says Charlotte Chamber Chairman Tim “We are pleased to welcome NACA to the community and look forwardd to the investment in jobs and presencee they will bring to our East The chamber assisted NACA in its expansion Charlotte East owner Roger Kellogg, principal of , and leasinhg director Eric Speckman have worked closely with NACA since 2007, when the nonprofig established a small office in the NACA has legally binding agreements with all the major lenders/servicers to restructure the mortgages they The NACA agreements cover more than 90 percent of homeowneras with an unaffordable mortgage.
The stafd from the Counseling Center in Charlotte will traveol nationwide to work on Save the Drea events where morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgagesa with permanent interest rateds often at 4 percent, 3 percent and 2 percentf and where necessary the principal The organization, started in 1988, has the primary goal of buildingf strong, healthy neighborhoods nationwide through affordable homeownership. NACA operationas include financial counseling, specialized mortgage services and a Home Save progra m for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Friday and Saturday at its CharlotteCounselinfg Center. For more information about Neighborhood Assistance Corporationof America, including employment opportunities, go to
Wednesday, May 4, 2011
CItyNorth incentive battle heads to Arizona Supreme Court - Phoenix Business Journal:
http://millerplacecivic.org/meet.asp
Both the developer of the project, , and the , whichy filed suit to end the incentive agreementr between CityNorth and the city of will have their arguments heard beforethe state’s highest At issue is an economic developmen t agreement between Klutznick Co. and the city. The conservativer Goldwater Institute saysthe $97.4 million tax incentiv package given to the mixed-use, partiallyu built project is not in the best interesf of taxpayers. The Goldwatefr Institute challenged the CityNorth agreement in court claiminvg it violated provisions of the stategift clause.
But a Maricopa County Superior Court judger ruled in favor of the developer and city in April 2008 and dismissecdthe case. The Goldwater Institute appealex the decision andthe U.S. Court of Appeals overturnes thelower court’s decision late last Klutznick, along with the city, then askerd the Arizona Supreme Court to review the matter. The Supreme Court announced Monday that it will indeedc hearthe case. No date has been set for oral but they will likely be heard in the John Klutznick, principal of the Klutznicik Co., said he was pleasedf with the Supreme Court’s decision to reviewq the appellate court ruling.
“CityNorth’s incentive agreement is simila to othersacross Arizona, which have been deemedd legal for decades,” he said. “The appealsa court ruling not only jeopardizes the future public benefitsof CityNorth, but also thosd of many other developments throughout the city and state.” Clint director of the Goldwater Institute’s Scharf-Norton Center for Constitutional Litigation, is also pleaserd that the case will be heard in the Arizon Supreme Court, even though the nonprofity think tank was happy with the appeal’xs ruling. “We are prepared to do battlw once again,” he said.
“W e filed this case because it raises issuess of concern toall Arizonans, and in taking the the Supreme Court agreed. We hope for a definitivw ruling from the Supreme Cour t that fully enforces theArizonaa Constitution’s prohibition against misguided corporate The first phase of CityNorth, which opened in November, includese retail and 99 condo and apartment units. But phas two, the much larger part of the development, is behine schedule and may not be builtfor years. Ground has not been brokej on the 2.
5 million-square-foot secondx phase that was supposed to includes a regional shopping center with Nordstrom and It originally had been scheduledx to open before Christmas ofthis year.
Both the developer of the project, , and the , whichy filed suit to end the incentive agreementr between CityNorth and the city of will have their arguments heard beforethe state’s highest At issue is an economic developmen t agreement between Klutznick Co. and the city. The conservativer Goldwater Institute saysthe $97.4 million tax incentiv package given to the mixed-use, partiallyu built project is not in the best interesf of taxpayers. The Goldwatefr Institute challenged the CityNorth agreement in court claiminvg it violated provisions of the stategift clause.
But a Maricopa County Superior Court judger ruled in favor of the developer and city in April 2008 and dismissecdthe case. The Goldwater Institute appealex the decision andthe U.S. Court of Appeals overturnes thelower court’s decision late last Klutznick, along with the city, then askerd the Arizona Supreme Court to review the matter. The Supreme Court announced Monday that it will indeedc hearthe case. No date has been set for oral but they will likely be heard in the John Klutznick, principal of the Klutznicik Co., said he was pleasedf with the Supreme Court’s decision to reviewq the appellate court ruling.
“CityNorth’s incentive agreement is simila to othersacross Arizona, which have been deemedd legal for decades,” he said. “The appealsa court ruling not only jeopardizes the future public benefitsof CityNorth, but also thosd of many other developments throughout the city and state.” Clint director of the Goldwater Institute’s Scharf-Norton Center for Constitutional Litigation, is also pleaserd that the case will be heard in the Arizon Supreme Court, even though the nonprofity think tank was happy with the appeal’xs ruling. “We are prepared to do battlw once again,” he said.
“W e filed this case because it raises issuess of concern toall Arizonans, and in taking the the Supreme Court agreed. We hope for a definitivw ruling from the Supreme Cour t that fully enforces theArizonaa Constitution’s prohibition against misguided corporate The first phase of CityNorth, which opened in November, includese retail and 99 condo and apartment units. But phas two, the much larger part of the development, is behine schedule and may not be builtfor years. Ground has not been brokej on the 2.
5 million-square-foot secondx phase that was supposed to includes a regional shopping center with Nordstrom and It originally had been scheduledx to open before Christmas ofthis year.
Sunday, May 1, 2011
Solar Array, Gen. Mills detail expansions - Business Courier of Cincinnati:
asafevboriegum.blogspot.com
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturing facility Keith Bone, general manager of the local facility, told members of . AED held its quarterlg meeting Thursdayat . Joe Hudgins, president and CEO of Solar Array Ventures, outlinedf his company’s plan to build a massive solaf manufacturing plant onthe city’s Westside. General Mills’ expansion should be completedby November, Bone The cereal manufacturer will hire 60 additional bringing additional payroll to the area of $3.
5 The expansion also brings $30 million in spending to New The Albuquerque City Council approved a $100 milliobn industrial revenue bond deal for the company in BE&K Corp. from North Carolina landedd the design/build contract to build the expansion, but Bone said 80 percenrt of the firm’s spending and employeesd willbe local. The precast panels being used in the constructio are manufacturedin Belen. General Milld has been in Albuquerquesince 1991.
Its current facility is located near Paseo del Norte and Edith and has 190 with an annual payrollof $12 million, said The 275,000-square-foot plant produces about 135 milliohn pounds annually of 35 different The facility also has a lab on-site where the instructionss for baking General Mills products at high altitudess are created. The company has given about $5 million to area nonprofitss since 1998and $519,000 in scholarships, Bone Don Power, chairman of AED, said the cereal company’s donationa illustrate one of the thing the organization looks for in recruiting companies: communityt involvement.
Hudgins said Solar Array planas to break ground by the thired quarter of this year ona 225,000-square-foot thin-film photovoltaic manufacturing plant in the Corderok Mesa business park, west of the mattressa factory. The company plans to add three more buildingsx of that size asit grows, he with each facility employing about 225. Its annuaol payroll in the first phase wouldebe $14 million. About five percent of the jobs woulfpay $100,000, 45 percent wouls pay $70,000 and half of the jobs wouldx pay $45,000. The capital investment for the first phase willbe $170 millionm and the company would spenc $40 million annually for raw materials.
The first phasw is expected to have a capacity of75 megawatts, but that woulc grow to 300 mw with the full The plant also will have a space that will server as a community and educationa center. Solar Array is seeking $175 million in industria revenue bonds fromBernalillpo County. The company is working to raise $210 million in debt and Hudgins said. Hudgins said New Mexic beat out two other states forthe plant, despite the fact that it did not offer the largestr incentives.
But the coordinationn among local and state government officials and other parties made New Mexick far more efficient in establishing a planning frameworki that the company could then use to plan a budgety forthe plant, he said “That was a majo issue for us,” Hudgins said. He also praisecd the labor force here and theeducational institutions. The facilit is being designed byPageSoutherlandPage LLP, whicbh has Texas offices in Austin, Dallaa and Houston, as well as Washington, D.C. and London, U.K. Hoffman based in Portland, Ore.
, is building the
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturing facility Keith Bone, general manager of the local facility, told members of . AED held its quarterlg meeting Thursdayat . Joe Hudgins, president and CEO of Solar Array Ventures, outlinedf his company’s plan to build a massive solaf manufacturing plant onthe city’s Westside. General Mills’ expansion should be completedby November, Bone The cereal manufacturer will hire 60 additional bringing additional payroll to the area of $3.
5 The expansion also brings $30 million in spending to New The Albuquerque City Council approved a $100 milliobn industrial revenue bond deal for the company in BE&K Corp. from North Carolina landedd the design/build contract to build the expansion, but Bone said 80 percenrt of the firm’s spending and employeesd willbe local. The precast panels being used in the constructio are manufacturedin Belen. General Milld has been in Albuquerquesince 1991.
Its current facility is located near Paseo del Norte and Edith and has 190 with an annual payrollof $12 million, said The 275,000-square-foot plant produces about 135 milliohn pounds annually of 35 different The facility also has a lab on-site where the instructionss for baking General Mills products at high altitudess are created. The company has given about $5 million to area nonprofitss since 1998and $519,000 in scholarships, Bone Don Power, chairman of AED, said the cereal company’s donationa illustrate one of the thing the organization looks for in recruiting companies: communityt involvement.
Hudgins said Solar Array planas to break ground by the thired quarter of this year ona 225,000-square-foot thin-film photovoltaic manufacturing plant in the Corderok Mesa business park, west of the mattressa factory. The company plans to add three more buildingsx of that size asit grows, he with each facility employing about 225. Its annuaol payroll in the first phase wouldebe $14 million. About five percent of the jobs woulfpay $100,000, 45 percent wouls pay $70,000 and half of the jobs wouldx pay $45,000. The capital investment for the first phase willbe $170 millionm and the company would spenc $40 million annually for raw materials.
The first phasw is expected to have a capacity of75 megawatts, but that woulc grow to 300 mw with the full The plant also will have a space that will server as a community and educationa center. Solar Array is seeking $175 million in industria revenue bonds fromBernalillpo County. The company is working to raise $210 million in debt and Hudgins said. Hudgins said New Mexic beat out two other states forthe plant, despite the fact that it did not offer the largestr incentives.
But the coordinationn among local and state government officials and other parties made New Mexick far more efficient in establishing a planning frameworki that the company could then use to plan a budgety forthe plant, he said “That was a majo issue for us,” Hudgins said. He also praisecd the labor force here and theeducational institutions. The facilit is being designed byPageSoutherlandPage LLP, whicbh has Texas offices in Austin, Dallaa and Houston, as well as Washington, D.C. and London, U.K. Hoffman based in Portland, Ore.
, is building the
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