Welcome to Hello Kitty Park! Channel News Asia TOKYO: Japan's most popular cat is expanding its presence, and is even claiming a new theme park in ... |
Friday, December 31, 2010
Welcome to Hello Kitty Park! - Channel News Asia
greatly-genevieve.blogspot.com
Wednesday, December 29, 2010
Bank Holdings under cease and desist order - Baltimore Business Journal:
glafirarynyxu.blogspot.com
parent company of Reno-based , announced it is operatinf under a cease and desist order to improve its capital position and cut its realestatw losses. The bank operatees as Silverado Bankin Roseville. “Nevada Security Bank faces unprecedented challenges with the increasing levepof non-performing loans, the steep declines in the underlyintg value of real estate collateralo and the greater loan loss provisions required,” said Hal founder and chairman of The Bank Holdings.
He is also chief “Our priorities and objectives are well-defined as we purposelyh move forward toaddress issues, make prudent modifications, and work diligentlu for the desired results,” Giomi The bank’s executives enterexd the agreement with Nevada banking authoritiews and the regulators at the end of and the bank’s managemenyt had already started working to improv e the bank’s capital levels by cutting costs, reducing the size of the balancw sheet and seeking more capital. The bank internall y stopped making new construction and land development loansin third-quarterf 2007.
The regulatory order demands the bank’sz management increase the company’es capital, reduce the concentrationh of commercial real estate loans and change internalmonitorinfg procedures. Nevada Security Bank has a concentratiojn of construction and development loans in which was a booming real estate market through much of this but floundered startingin 2007. Bank Holdings was hammeres in the fall by thefederal government’s actio n to put Fannie Mae and Freddid Mac into conservatorship, which cost the company a $15 million loss of capitap that had been invested in the stock of the two government-sponsorexd secondary mortgage investment companies.
Bank Holdings startede in 2001 with initial capitalof $14 million. It currently has $45 million in with four branches in Northern Nevada and onein
parent company of Reno-based , announced it is operatinf under a cease and desist order to improve its capital position and cut its realestatw losses. The bank operatees as Silverado Bankin Roseville. “Nevada Security Bank faces unprecedented challenges with the increasing levepof non-performing loans, the steep declines in the underlyintg value of real estate collateralo and the greater loan loss provisions required,” said Hal founder and chairman of The Bank Holdings.
He is also chief “Our priorities and objectives are well-defined as we purposelyh move forward toaddress issues, make prudent modifications, and work diligentlu for the desired results,” Giomi The bank’s executives enterexd the agreement with Nevada banking authoritiews and the regulators at the end of and the bank’s managemenyt had already started working to improv e the bank’s capital levels by cutting costs, reducing the size of the balancw sheet and seeking more capital. The bank internall y stopped making new construction and land development loansin third-quarterf 2007.
The regulatory order demands the bank’sz management increase the company’es capital, reduce the concentrationh of commercial real estate loans and change internalmonitorinfg procedures. Nevada Security Bank has a concentratiojn of construction and development loans in which was a booming real estate market through much of this but floundered startingin 2007. Bank Holdings was hammeres in the fall by thefederal government’s actio n to put Fannie Mae and Freddid Mac into conservatorship, which cost the company a $15 million loss of capitap that had been invested in the stock of the two government-sponsorexd secondary mortgage investment companies.
Bank Holdings startede in 2001 with initial capitalof $14 million. It currently has $45 million in with four branches in Northern Nevada and onein
Sunday, December 26, 2010
Friday, December 24, 2010
Dayton library programs to aid job seekers - San Francisco Business Times:
http://astroquik.com/prod051.htm
The programs are designed to help peopl e in the process of finding or changing Representatives from the Dayton Job Centerand ’w Career Services will conduct the programs, all free and open to the Although the programs are free, reservations are recommended by contacting the host libraries directly. • How to Write a Powerfulo Resume: This interactive session conducte by Job Center specialists showingthe “What, Why, Wherse and How To” of resumes. Program s will be 7 p.m. June 15 at the Belmont Branch, 1041 Watervliet Ave. and 6:30 p.m. Tuesday June 23 at the Kettering-Morainde Branch, 3496 Far Hills Ave.
• Resumw and Cover Letter Development: Presenter Sharm a Fox, a career services specialist at Sinclair Community will offer career assessment and employment guidanc e and coachingat 6:30 p.m. June 16 at the Main Library Auditorium, 215 E. Third St. and at 6 p.m. July 13, at the Miami Township 2718 Lyons Road. • Interviewingf Skills: Make an outstanding first impression by buildinv successfulinterviewing skills. Find out how to preparse for interviews, what to do in the interview, and how to followa up after the interview. The program will take place at2 p.m. June 20, at the Vandalis Branch, 500 S. Dixie Drive, 7 p.m. June 22, at the Belmont Branch, 1041 Watervliet Ave.
and 6:30 p.m. July 7, at the Kettering-Moraine Branch, 3496 Far Hilld Ave. • Techniques for Successful Interviewing: Sharmza Fox will offer careerd assessment, employment guidance and coachingat 6:30 p.m. June 30, at the Main Library 215 E. Third St. and at 6 p.m. July 20, at the Miami Township Branch, 2718 Lyons Road.
The programs are designed to help peopl e in the process of finding or changing Representatives from the Dayton Job Centerand ’w Career Services will conduct the programs, all free and open to the Although the programs are free, reservations are recommended by contacting the host libraries directly. • How to Write a Powerfulo Resume: This interactive session conducte by Job Center specialists showingthe “What, Why, Wherse and How To” of resumes. Program s will be 7 p.m. June 15 at the Belmont Branch, 1041 Watervliet Ave. and 6:30 p.m. Tuesday June 23 at the Kettering-Morainde Branch, 3496 Far Hills Ave.
• Resumw and Cover Letter Development: Presenter Sharm a Fox, a career services specialist at Sinclair Community will offer career assessment and employment guidanc e and coachingat 6:30 p.m. June 16 at the Main Library Auditorium, 215 E. Third St. and at 6 p.m. July 13, at the Miami Township 2718 Lyons Road. • Interviewingf Skills: Make an outstanding first impression by buildinv successfulinterviewing skills. Find out how to preparse for interviews, what to do in the interview, and how to followa up after the interview. The program will take place at2 p.m. June 20, at the Vandalis Branch, 500 S. Dixie Drive, 7 p.m. June 22, at the Belmont Branch, 1041 Watervliet Ave.
and 6:30 p.m. July 7, at the Kettering-Moraine Branch, 3496 Far Hilld Ave. • Techniques for Successful Interviewing: Sharmza Fox will offer careerd assessment, employment guidance and coachingat 6:30 p.m. June 30, at the Main Library 215 E. Third St. and at 6 p.m. July 20, at the Miami Township Branch, 2718 Lyons Road.
Tuesday, December 21, 2010
At 50, Dave Zelger still among York County's top bowlers - Yorkdispatch.com
http://www.woodpeckersofeurope.info/?q=home_page
At 50, Dave Zelger still among York County's top bowlers Yorkdispatch.com But they're shallow substitutes for the intensity and joy found in the arena of competition. Some sports and some athletes are different, however. ... |
Sunday, December 19, 2010
NFL kicker earns degree from ASU - Denver Business Journal:
coeragnheidur3778.blogspot.com
During breaks at NFL training camp, Cundiff would open his laptopoand study, many times putting in 30 to 40 hours each week on the MBA throug the W.P. Carey School of Business at ASU. Cundiff still is working out withNFL teams, this week with the Indianapolis Colts and two weekx ago with the Cleveland He’s not sure if he’ll get a job with either of the but has solidified a positiobn with in Scottsdale. “This is the best two-year investment I probabl could have ever madein myself,” he “The W.P.
Carey MBA Onlinr Program gave me the flexibility to attend traininhg camp with the Atlanta Falcons while still pursuing my With five years of regular season experience underhis belt, the 29-year-old kicketr was released from the Atlanta Falcons and the Kansas City Chiefsx while working on his degree. “I’ve got to be the only guy in the MBA progran who got fired from two jobs while in theMBA program,” he said. The last time he playef a regular season game was in the NFC Championship durinfg the2006 season. He played duriny the preseasonin 2007, but was released last year before training camp.
Cundiff said he knew he had to star t thinking about his future for when his footbalp careerwas over. He and his wife, an had just bought a home in Phoenix when he decidecd to enrollin ASU’s MBA program. “Believe it or not, my online MBA team was a lot more functionalo than some of my NFL he said. “The online progranm also really helps you work on your communications andinterpersonall skills, since you’re not dealinfg with people on a face-to-face basis.
”
During breaks at NFL training camp, Cundiff would open his laptopoand study, many times putting in 30 to 40 hours each week on the MBA throug the W.P. Carey School of Business at ASU. Cundiff still is working out withNFL teams, this week with the Indianapolis Colts and two weekx ago with the Cleveland He’s not sure if he’ll get a job with either of the but has solidified a positiobn with in Scottsdale. “This is the best two-year investment I probabl could have ever madein myself,” he “The W.P.
Carey MBA Onlinr Program gave me the flexibility to attend traininhg camp with the Atlanta Falcons while still pursuing my With five years of regular season experience underhis belt, the 29-year-old kicketr was released from the Atlanta Falcons and the Kansas City Chiefsx while working on his degree. “I’ve got to be the only guy in the MBA progran who got fired from two jobs while in theMBA program,” he said. The last time he playef a regular season game was in the NFC Championship durinfg the2006 season. He played duriny the preseasonin 2007, but was released last year before training camp.
Cundiff said he knew he had to star t thinking about his future for when his footbalp careerwas over. He and his wife, an had just bought a home in Phoenix when he decidecd to enrollin ASU’s MBA program. “Believe it or not, my online MBA team was a lot more functionalo than some of my NFL he said. “The online progranm also really helps you work on your communications andinterpersonall skills, since you’re not dealinfg with people on a face-to-face basis.
”
Thursday, December 16, 2010
UCSF Med School under fire from Sen. Grassley - Atlanta Business Chronicle:
firearms-somewhat.blogspot.com
The June 17 story, by Jamees Oliphant ( ), said Grassley, the top Republicanj on the powerful Senate Finance has asked UCSF to supply documentss on federal funding over the lastfive years, includinv details of an external review by the KPMG accountin g firm. “If the financial integrity of UCSF is Grassley said in a letter tothe university, accordinyg to the L.A. “I am worried that similar problems regarding taxpayer dollarsw may also exist at other campuses withinb theUC system, such as UC Berkeley, UCLA and UC Davis.” Grassley’sz comments come in during a continuing feud between UCSF and Davisd Kessler, former dean of its medical school, who earlier headedx the U.
S. Food and Drug Administration undertPresident Clinton, over allegations involving the medica l school’s financial reporting. The Times reporter that Kessler was fired inlate 2007, “aftee repeatedly complaining that he had been misle d about the school’s finances.” Kessler has filef a whistleblower lawsuit against the and is seeking to get his job along with lost pay, benefite and damages, the Times Grassley raised his concerns in an Apriol letter to UC President Mark Yudof, according to the UCSF was awarded $444 million last year from the Nationalp Institutes of Health, with $383 million going to the medical which is also seeking a big chunlk of federal stimulus University officials have said Kessler was firedc for performance-related reasons, Oliphant’s article notes, but they’res treating him as a whistleblower.
Kessler’a lawsuit has been stayeed pending the conclusion of anadministrative review, the Timezs report said. In a comment providedd Wednesday afternoon to the San FranciscoBusinessx Times, UC reiterated that it has provided information to Grassley’sa office on the financial issues in questionb and that Kessler’s allegations have been exhaustively and repeatedly investigatedd at the University’s expense. Thosee investigations “have found no evidence whatsoever of any inaccuracy in the bookes and records ofthe ,” UC said in its written UC officials also noted that a reviee released in March 2008 by the U.S.
Departmenf of Health and Human Services’ Office of the Inspector General found thatUCSF “had complied with all Federal regulations for claiming reimbursement for administrative and clerical expenses” connectefd to the NIH funding.
The June 17 story, by Jamees Oliphant ( ), said Grassley, the top Republicanj on the powerful Senate Finance has asked UCSF to supply documentss on federal funding over the lastfive years, includinv details of an external review by the KPMG accountin g firm. “If the financial integrity of UCSF is Grassley said in a letter tothe university, accordinyg to the L.A. “I am worried that similar problems regarding taxpayer dollarsw may also exist at other campuses withinb theUC system, such as UC Berkeley, UCLA and UC Davis.” Grassley’sz comments come in during a continuing feud between UCSF and Davisd Kessler, former dean of its medical school, who earlier headedx the U.
S. Food and Drug Administration undertPresident Clinton, over allegations involving the medica l school’s financial reporting. The Times reporter that Kessler was fired inlate 2007, “aftee repeatedly complaining that he had been misle d about the school’s finances.” Kessler has filef a whistleblower lawsuit against the and is seeking to get his job along with lost pay, benefite and damages, the Times Grassley raised his concerns in an Apriol letter to UC President Mark Yudof, according to the UCSF was awarded $444 million last year from the Nationalp Institutes of Health, with $383 million going to the medical which is also seeking a big chunlk of federal stimulus University officials have said Kessler was firedc for performance-related reasons, Oliphant’s article notes, but they’res treating him as a whistleblower.
Kessler’a lawsuit has been stayeed pending the conclusion of anadministrative review, the Timezs report said. In a comment providedd Wednesday afternoon to the San FranciscoBusinessx Times, UC reiterated that it has provided information to Grassley’sa office on the financial issues in questionb and that Kessler’s allegations have been exhaustively and repeatedly investigatedd at the University’s expense. Thosee investigations “have found no evidence whatsoever of any inaccuracy in the bookes and records ofthe ,” UC said in its written UC officials also noted that a reviee released in March 2008 by the U.S.
Departmenf of Health and Human Services’ Office of the Inspector General found thatUCSF “had complied with all Federal regulations for claiming reimbursement for administrative and clerical expenses” connectefd to the NIH funding.
Tuesday, December 14, 2010
Legislator wants Nixon to cut stimulus money for Kokam battery plant - Birmingham Business Journal:
tower-tennesseea.blogspot.com
Kokam’s , to be dubbed Summit Battery Park, would employ an estimated 900 peoplre with average annual salariesof $40,000. Kokam President Don Nissanka has said he hopes to brealk ground before the end ofthe year, probably at a site of more than 40 acrex in the vicinity of Kokam’s current 50,000-square-foot Lee’zs Summit plant. Nissanka was out of the countrg Mondayand couldn’t be reachedr for comment. Kokam, a startup founder in October 2005, burst into the limelightg this year.
picked Kansas City for an assembly facilit y largely becauseof Kokam’s And with federal stimulus dollars and state money seeking advanced-battery-makers, a joint venture involving Kokam landed a commitmeng in April of nearly $145 million in incentivesz from Michigan to build a batteru plant there that’s similar to the one planned locally. The groupl also applied for federalstimulus money. R-Columbia, sent a letterd to Nixon on Thursday proposing that financing be cutby $11.5 million combined for Kokam’ds Lee’s Summit plant and another batter y plant in Joplin to help preserve $31.
2 million in financinb for the in Columbia, whichj Schaefer called the cornerstone of a $200 milliojn hospital project. “Every indication that I’m gettinf is that (Nixon) intends to veto the money for the Schaefer said, adding that Nixon’s veto probably woulde kill the entire $200 million project. “Spendingy public funds on a cancedr hospital owned by the citizens of Missouri is always goin g to win out over givin g public funds to a private company for abatteruy plant,” Schaefer said. “Nobody has told me that the lowe amount wouldkill (Kokam’s Lee’s project.
” Nixon spokesman Scott Holste said the governodr will have an announcement abour the budget bill before June 30, the end of Missouri’zs fiscal year. Nixon and his staff have been reviewing the budgetfbill “line by line to determine what the statde can afford,” Holste said, and they want to keep central serviced in place. Jim Devine, CEO of the l, said he thoughtr Schaefer’s proposal was “not as serious” a threat as the EDC firsty thought, “but you never know in politics.” The EDC issueed a release Friday encouraging Nixoj to keep theKokam plant’a financing fully in place.
Kokam’s , to be dubbed Summit Battery Park, would employ an estimated 900 peoplre with average annual salariesof $40,000. Kokam President Don Nissanka has said he hopes to brealk ground before the end ofthe year, probably at a site of more than 40 acrex in the vicinity of Kokam’s current 50,000-square-foot Lee’zs Summit plant. Nissanka was out of the countrg Mondayand couldn’t be reachedr for comment. Kokam, a startup founder in October 2005, burst into the limelightg this year.
picked Kansas City for an assembly facilit y largely becauseof Kokam’s And with federal stimulus dollars and state money seeking advanced-battery-makers, a joint venture involving Kokam landed a commitmeng in April of nearly $145 million in incentivesz from Michigan to build a batteru plant there that’s similar to the one planned locally. The groupl also applied for federalstimulus money. R-Columbia, sent a letterd to Nixon on Thursday proposing that financing be cutby $11.5 million combined for Kokam’ds Lee’s Summit plant and another batter y plant in Joplin to help preserve $31.
2 million in financinb for the in Columbia, whichj Schaefer called the cornerstone of a $200 milliojn hospital project. “Every indication that I’m gettinf is that (Nixon) intends to veto the money for the Schaefer said, adding that Nixon’s veto probably woulde kill the entire $200 million project. “Spendingy public funds on a cancedr hospital owned by the citizens of Missouri is always goin g to win out over givin g public funds to a private company for abatteruy plant,” Schaefer said. “Nobody has told me that the lowe amount wouldkill (Kokam’s Lee’s project.
” Nixon spokesman Scott Holste said the governodr will have an announcement abour the budget bill before June 30, the end of Missouri’zs fiscal year. Nixon and his staff have been reviewing the budgetfbill “line by line to determine what the statde can afford,” Holste said, and they want to keep central serviced in place. Jim Devine, CEO of the l, said he thoughtr Schaefer’s proposal was “not as serious” a threat as the EDC firsty thought, “but you never know in politics.” The EDC issueed a release Friday encouraging Nixoj to keep theKokam plant’a financing fully in place.
Saturday, December 11, 2010
Thousands of Labors Rally, Traffic Jam on Jl Cacing - BeritaJakarta.com
brains-synthesised.blogspot.com
BeritaJakarta.com | Thousands of Labors Rally, Traffic Jam on Jl Cacing BeritaJakarta.com Chaos happened when the labors destroyed the gate of PT Bangun Bersama Maju and forced its labors to join the rally. But security guards could calm down the ... |
Thursday, December 9, 2010
Wrestling countdown: No. 7 Northern Highlands - NorthJersey.com
http://www.templateaffiliateprogram.com/affiliate-program.html
NorthJersey.com | Wrestling countdown: No. 7 Northern Highlands NorthJersey.com It was Gravina's first trip to the big dance and the Northern Highlands freshman wasn't ready. He won't make that mistake again as a sophomore. ... Highlanders look for another impact season |
Monday, December 6, 2010
Northland takes page from automakers
http://www.templateaffiliateprogram.com/affiliate-program.html
The company, , announced it is launching a Rent Assurancw Program that is being rolled out acrossthe Newton-basex company’s entire portfolio. The company’s multifamily holdingas total 16,670 units in nine Massachusetts, Connecticut, Rhode Island, North Carolina, Soutb Carolina, Tennessee, Florida, Texas and Arizona. In Massachusetts, Northlandc owns 1,230 apartment unitxs in Amherst, Danvers, Quincy, Westborough and The program resembles those announced by automakers such as and to boostr sales from wary consumers who are tighteninh their belts in anticipation of potentiajob losses.
Hyundai recently announced a new and improvef version of its HyundaiAssurancs Program, which enables some customeras to turn their cars back in to dealers if they get laid off within a Hyundai’s new Assurance Plus program will cover thres months of car payments while the buyee looks for a new job. At the end of 90 days, the custome can still return the car ifthey haven’t foun d a job. Likewise, Ford’s “Advantage Plan” coversd payments of up to $700 per montg for as long as a year for buyers who have beenlaid off.
Much like the desperatde measures car manufacturers are taking to sell cars in one of the worst economic climatesin decades, Northland’s program enable s its residents to “wal k away from his or her lease, without paying termination in the event that the persomn involuntarily loses his or her The program is available to new residents and residents who renew leases. Time will tell if Northland’s prograkm helps it sign up new tenant inits buildings. Generally, residents sign long-term lease s that are extremely hard to break withoutlegall intervention. According to published Hyundai saw sales increase 14 percenyin January, the month the Assurance Program while U.S.
sales were the weakest for the monthu in27 years. “In these challenging economic webelieve it’s important to offee our residents peace of mind,” Northland Vice President Diane Yensen said in a statement. “Losing your income can be a scary situation, and provides our residents with an in the event that they involuntarily lose their job and need to breatheir lease.” Northland owns $2.1 billionm of apartment properties totaling 19 million square feet and has a development pipeline in excess of $1 billion. was awarded the leasinbg assignment for 399Boylston St., a 13-story, 228,820-square-foot office buildinbg in Boston’s Back Bay.
The building has one vacant saidDuncan Gratton, a partner at DTZ/FHO will vacate 8,900 square feet and anothefr tenant, McNamee Lawrence Co., is leaving 4,600 squares feet at the end of the said Gratton, who noted the building is 8 percentr vacant today. New tenants will be asked to pay in thelow $40s-per-square-foot range to lease space in the Shorenstein Properties LLC purchased the buildinhg in March 2007 from Rockwood/Abbeu Fee LLC for an undisclosed price. At the time the buildinhg was 100 percent leased to 14 tenantz including NATIXISAsset Management, software developer ZANTAZ Inc. and The building’s 14,00p square feet of ground-floor retailp space is leased toand .
Shorenstein recentlyt spent $575,000 on lobby renovations and morethan $1 million in repairs to the building’s exterior and operatiny systems.
The company, , announced it is launching a Rent Assurancw Program that is being rolled out acrossthe Newton-basex company’s entire portfolio. The company’s multifamily holdingas total 16,670 units in nine Massachusetts, Connecticut, Rhode Island, North Carolina, Soutb Carolina, Tennessee, Florida, Texas and Arizona. In Massachusetts, Northlandc owns 1,230 apartment unitxs in Amherst, Danvers, Quincy, Westborough and The program resembles those announced by automakers such as and to boostr sales from wary consumers who are tighteninh their belts in anticipation of potentiajob losses.
Hyundai recently announced a new and improvef version of its HyundaiAssurancs Program, which enables some customeras to turn their cars back in to dealers if they get laid off within a Hyundai’s new Assurance Plus program will cover thres months of car payments while the buyee looks for a new job. At the end of 90 days, the custome can still return the car ifthey haven’t foun d a job. Likewise, Ford’s “Advantage Plan” coversd payments of up to $700 per montg for as long as a year for buyers who have beenlaid off.
Much like the desperatde measures car manufacturers are taking to sell cars in one of the worst economic climatesin decades, Northland’s program enable s its residents to “wal k away from his or her lease, without paying termination in the event that the persomn involuntarily loses his or her The program is available to new residents and residents who renew leases. Time will tell if Northland’s prograkm helps it sign up new tenant inits buildings. Generally, residents sign long-term lease s that are extremely hard to break withoutlegall intervention. According to published Hyundai saw sales increase 14 percenyin January, the month the Assurance Program while U.S.
sales were the weakest for the monthu in27 years. “In these challenging economic webelieve it’s important to offee our residents peace of mind,” Northland Vice President Diane Yensen said in a statement. “Losing your income can be a scary situation, and provides our residents with an in the event that they involuntarily lose their job and need to breatheir lease.” Northland owns $2.1 billionm of apartment properties totaling 19 million square feet and has a development pipeline in excess of $1 billion. was awarded the leasinbg assignment for 399Boylston St., a 13-story, 228,820-square-foot office buildinbg in Boston’s Back Bay.
The building has one vacant saidDuncan Gratton, a partner at DTZ/FHO will vacate 8,900 square feet and anothefr tenant, McNamee Lawrence Co., is leaving 4,600 squares feet at the end of the said Gratton, who noted the building is 8 percentr vacant today. New tenants will be asked to pay in thelow $40s-per-square-foot range to lease space in the Shorenstein Properties LLC purchased the buildinhg in March 2007 from Rockwood/Abbeu Fee LLC for an undisclosed price. At the time the buildinhg was 100 percent leased to 14 tenantz including NATIXISAsset Management, software developer ZANTAZ Inc. and The building’s 14,00p square feet of ground-floor retailp space is leased toand .
Shorenstein recentlyt spent $575,000 on lobby renovations and morethan $1 million in repairs to the building’s exterior and operatiny systems.
Saturday, December 4, 2010
Tampa Port Authority to host global shipping conference - Tampa Bay Business Journal:
shelly-polymer.blogspot.com
Alberto Aleman Zubieta, chief executive officere of the , will be the featured He will provide an update to the Panama Canal expansion and discuss the impact of the expansion to globalptrading partners. The $5.25 billion expansion of the Panama Cana is due for completionin 2014. and the will co-hostt the workshop. Included in the discussionss will be changing globaltrade patterns, impacts of improving “allo water” shipping routes, anticipated waterside and marine terminal developmen needs, increased road and rail capacity requirements, and infrastructure financin g challenges in the coming “Expanding this crucial trans-ocean shipping lane [Panam a Canal] to accommodate more and larger vessels will certainly change the statuz quo, resulting in increased trade opportunitiee for seaports in the Western while making it necessar y to make major investments in water- and land-sidse transportation infrastructure,” said Jean Godwin, AAPA’s executive vice president, in a release.
The conferencw will be held Jan. 2009, at the Grand Hyatt Tampa Bay. Founded in AAPA today represents public port authorities in theUnited Canada, Latin America and the Caribbean as well as sustaininhg and associate members, firms and individuald with an interest in the seaports of the Westerm Hemisphere.
Alberto Aleman Zubieta, chief executive officere of the , will be the featured He will provide an update to the Panama Canal expansion and discuss the impact of the expansion to globalptrading partners. The $5.25 billion expansion of the Panama Cana is due for completionin 2014. and the will co-hostt the workshop. Included in the discussionss will be changing globaltrade patterns, impacts of improving “allo water” shipping routes, anticipated waterside and marine terminal developmen needs, increased road and rail capacity requirements, and infrastructure financin g challenges in the coming “Expanding this crucial trans-ocean shipping lane [Panam a Canal] to accommodate more and larger vessels will certainly change the statuz quo, resulting in increased trade opportunitiee for seaports in the Western while making it necessar y to make major investments in water- and land-sidse transportation infrastructure,” said Jean Godwin, AAPA’s executive vice president, in a release.
The conferencw will be held Jan. 2009, at the Grand Hyatt Tampa Bay. Founded in AAPA today represents public port authorities in theUnited Canada, Latin America and the Caribbean as well as sustaininhg and associate members, firms and individuald with an interest in the seaports of the Westerm Hemisphere.
Wednesday, December 1, 2010
Big Industrial finds uptick in downturn - Kansas City Business Journal:
http://kathrynrblake.com/gamesgiveaways.html
Earlier this month, the Prairire Village-based company closed on a 194,500-square-foo t plant in Kansas City, Kan., that was vacates after declining auto sales prompted theprevious occupant, bumpet manufacturer , to consolidate operations. The building, in the , presenterd a challenge for listing agent Bob Galamba and Doug Hedrick of because ofa 60,000-square-footf painting booth that will have to be removed. Galamba said, they marketed the buildingy to savvy investors like Big who know a good turnaround opportunit when theysee one. Big Industrial COO Todd Mendon said the compang now owns 11 industrial properties totaling nearlhy 6 million square feet ineighy states.
He did not disclose how much Big Industrialp paid for itslatest acquisition, which was listed at $5.5 million. But the company’s success has been builf on buying andupgrading second-generationj properties at prices low enough to make them competitive with new industria buildings. “It’s a good buyer’s market right now,” said Dan Smith, a founder and managingv member ofBig “And from the tenant side, we’re stil seeing reasonably strong activity due to our abilithy to compete very readily with new product.
” Big which plans to converr the Meridian property into a building that will work for eithee warehousing or production, has been breathing life and profits — back into shuttered industrial buildings since Smitu and fellow managing member Fred Coulson III foundedf it in 1998. Its biggest deal was struck twoyears ago, when Big Industrial bought ’s closeds plant — a 2.5-million-square-foot structure on 300-plua acres in Oklahoma City — for $7.8 million. Big Industrialp typically holds and leases its Mendon said.
But after demolishing 200,000 squar e feet of the former tire plant to creattwo parcels, it sold one of a 1 million-square-foot building on 170 acres, to last The purchase price, nearly twice what Big Industrial had paid for the tire was $14.2 million. Other big properties Big Industriapl has bought and sold includetwo 500,000-square-foot buildingx that House of Lloyd occupied in Grandvieqw and a former 610,000-square-foot Meadowcrafyt wrought-iron furniture plant near Ariz. • A former 737,500-square-foot Sunbeaj appliance plant in Miss. • A former 328,000-square-foot picturee frame plant in Taylor, Texas.
• 508,000 squarr feet of former military depot buildings atin Topeka. • A 300,000-square-foot industrial building in • A 283,000-square-foot industrial complex at 14th Stree and Osage Avenue inKansas City, Kan. Big Industriap continues to look foracquisition opportunities, Smith said, and it benefits from “two great long-term banking relationship here in town, with and The Mission Bank.” Even so, the company finds itsel f “restricted somewhat by the overall availability of because of the current economic environment, Smituh said.
Therefore, the company is considering creation of a new investment partnershi similar tothe , which financed many of Big Industrial’s earluy purchases. “That was a very successful fund foreverybodyg involved,” Smith said. “One of the thingse we did was have the fund audited durin thewhole time, so we have a proven, auditecd track record of success.” Another thing investors would be assurede of is that Big Industrial is a lean operation. It employs a staff of eight while relying on outsourcingfor construction, propertg management and other functions.
It also relies on brokers throughout the countr toidentify properties, Mendon said, and it rewards them by not taking a cut of the commissionz when it buys a building. “They are good at what they do,” said Kevin president of , a Kansas City industriaol development firm. “They know what product they are after and how tocontrolk costs, and they are able to delivere to the marketplace a building at a very competitive “This is a wonderful time for them to find product and do what they
Earlier this month, the Prairire Village-based company closed on a 194,500-square-foo t plant in Kansas City, Kan., that was vacates after declining auto sales prompted theprevious occupant, bumpet manufacturer , to consolidate operations. The building, in the , presenterd a challenge for listing agent Bob Galamba and Doug Hedrick of because ofa 60,000-square-footf painting booth that will have to be removed. Galamba said, they marketed the buildingy to savvy investors like Big who know a good turnaround opportunit when theysee one. Big Industrial COO Todd Mendon said the compang now owns 11 industrial properties totaling nearlhy 6 million square feet ineighy states.
He did not disclose how much Big Industrialp paid for itslatest acquisition, which was listed at $5.5 million. But the company’s success has been builf on buying andupgrading second-generationj properties at prices low enough to make them competitive with new industria buildings. “It’s a good buyer’s market right now,” said Dan Smith, a founder and managingv member ofBig “And from the tenant side, we’re stil seeing reasonably strong activity due to our abilithy to compete very readily with new product.
” Big which plans to converr the Meridian property into a building that will work for eithee warehousing or production, has been breathing life and profits — back into shuttered industrial buildings since Smitu and fellow managing member Fred Coulson III foundedf it in 1998. Its biggest deal was struck twoyears ago, when Big Industrial bought ’s closeds plant — a 2.5-million-square-foot structure on 300-plua acres in Oklahoma City — for $7.8 million. Big Industrialp typically holds and leases its Mendon said.
But after demolishing 200,000 squar e feet of the former tire plant to creattwo parcels, it sold one of a 1 million-square-foot building on 170 acres, to last The purchase price, nearly twice what Big Industrial had paid for the tire was $14.2 million. Other big properties Big Industriapl has bought and sold includetwo 500,000-square-foot buildingx that House of Lloyd occupied in Grandvieqw and a former 610,000-square-foot Meadowcrafyt wrought-iron furniture plant near Ariz. • A former 737,500-square-foot Sunbeaj appliance plant in Miss. • A former 328,000-square-foot picturee frame plant in Taylor, Texas.
• 508,000 squarr feet of former military depot buildings atin Topeka. • A 300,000-square-foot industrial building in • A 283,000-square-foot industrial complex at 14th Stree and Osage Avenue inKansas City, Kan. Big Industriap continues to look foracquisition opportunities, Smith said, and it benefits from “two great long-term banking relationship here in town, with and The Mission Bank.” Even so, the company finds itsel f “restricted somewhat by the overall availability of because of the current economic environment, Smituh said.
Therefore, the company is considering creation of a new investment partnershi similar tothe , which financed many of Big Industrial’s earluy purchases. “That was a very successful fund foreverybodyg involved,” Smith said. “One of the thingse we did was have the fund audited durin thewhole time, so we have a proven, auditecd track record of success.” Another thing investors would be assurede of is that Big Industrial is a lean operation. It employs a staff of eight while relying on outsourcingfor construction, propertg management and other functions.
It also relies on brokers throughout the countr toidentify properties, Mendon said, and it rewards them by not taking a cut of the commissionz when it buys a building. “They are good at what they do,” said Kevin president of , a Kansas City industriaol development firm. “They know what product they are after and how tocontrolk costs, and they are able to delivere to the marketplace a building at a very competitive “This is a wonderful time for them to find product and do what they
Subscribe to:
Posts (Atom)