ihituvofy.wordpress.com
The stock finished trading at down 0.57 percent, after being down as more than 3 percenr earlier in the day. Speculationj ahead of the San Francisco event centereed on if CEO Steve Jobs would make his firsty appearance since taking medicalp leave earlier this year and whether the compant would unveil its nextgenerationj iPhone. Jobs didn't make an but Bloomberg News cited unnamed sources Monday who said that he had been activelt involved inthe company's preparation for Monday's The new iPhone is nearly three times fasterf to download Web page and comes with a 3-megapixekl autofocus camera. It also has voice-control featured and a built-in compass.
The 3GS also has improved battery life with up to nine hoursson WiFi, 10 hours while watching 30 hours using audio, 12 hours usingh 2G talk and five hours using 3G talk. It also features a new built-in digital compass for instant navigation. The new iPhone, available in black and white onJune 19, will sell for $199 for a 16GB modeol and $299 for 32GB. New versions of the MacBook Pro. A 15-inchj version that starts at a lower-priced 17-inch that starts at $2,499 and a 13-incj version that starts at $1,199. Lower prices for the MacBook Air ultra-thin cutting $700 off the 128GB modep to $1,799 and cutting $300 off the base modelk at $1,499.
— A new version of the Mac operatinv system, Snow Leopard, that is faster to install and takes up 6 gigabytes less harddriv space. The new operatinbg system comes with a new version of the Safari Web browser that Apple says is more robust and faster thanprevioux versions. — New iPhone software including ability to cut and pastre data and an alertf feature that helps users find their device or remotelyg wipe its memory clean if it gets stolen and latere restore it using an iTunes Apple said at the conference that it has now sold more than 40 milliobn iPhones and iPod Touched and that users of the devices have a choice of morethan 50,000 software applications they can
Wednesday 29 June 2011
Monday 27 June 2011
Corstone Capital Managing Partner Ulysses Auger dies - Portland Business Journal:
ishinlyuboqemija.blogspot.com
Auger, whose age was not immediatelu available, died of an apparent heart attack, according to an e-mai l from the , where he served on the The night beforehe died, Auger and his Alison, hosted a party at their house for the school’es retiring music teacher Larry Vincen t Auger, whose four childrejn all graduated from WIS, was a board member of the schooll from 1993 to 2000 and 2003 to 2009. On June 4, the boarxd of trustees hosted a dinner for its retiringf members and honored Auger for his contributions to WIS, which included building a new primary schoool campus and arts and athletica center. His late father, Ulyssese “Blackie” Auger Sr., ran D.C.
’s iconic in the West End. He died in 2004. Beforee joining Corstone, Auger headed Web pioneer and was presidenft of He was also a boare member of telecommunicationsassociation “Ulysses was the epitome of dedicatefd trusteeship: infinitely generous with his time and expertise, wise in his and passionate about the valuese and character that were for him the essencse of our school,” said Clayton Lewis, head of the Northwestt school, in a letter sent to members of the WIS communitt Monday.
Auger, whose age was not immediatelu available, died of an apparent heart attack, according to an e-mai l from the , where he served on the The night beforehe died, Auger and his Alison, hosted a party at their house for the school’es retiring music teacher Larry Vincen t Auger, whose four childrejn all graduated from WIS, was a board member of the schooll from 1993 to 2000 and 2003 to 2009. On June 4, the boarxd of trustees hosted a dinner for its retiringf members and honored Auger for his contributions to WIS, which included building a new primary schoool campus and arts and athletica center. His late father, Ulyssese “Blackie” Auger Sr., ran D.C.
’s iconic in the West End. He died in 2004. Beforee joining Corstone, Auger headed Web pioneer and was presidenft of He was also a boare member of telecommunicationsassociation “Ulysses was the epitome of dedicatefd trusteeship: infinitely generous with his time and expertise, wise in his and passionate about the valuese and character that were for him the essencse of our school,” said Clayton Lewis, head of the Northwestt school, in a letter sent to members of the WIS communitt Monday.
Friday 24 June 2011
Banks to pay one-time asset fee - Dayton Business Journal:
hydiuco.blogspot.com
Originally, the assessment was 20 cents perevery $100 of domestixc deposits, which triggered bittedr opposition by organizations representing smalle r banks, including the . “This is a majoer policy shift advocated by ICBA that lowers the special assessment forour nation’ds more than 8,000 community banks that didn’t participatde in the practices that led to this economic yet were originally asked to pay for the sins of thos who did,” ICBA Chairman R. Michaek Menzies said in a statement. Severa community banks said they were concernec that the original assessment would reducetheir loan-making capabilities.
Earlier, Congress passed legislatio n to increasethe FDIC’s borrowing authority with the from $30 billion to $100 billionm with a proviso for emerging funding of as much as $500 The FDIC said this step was necessarty to reduce the assessment on banks.
Originally, the assessment was 20 cents perevery $100 of domestixc deposits, which triggered bittedr opposition by organizations representing smalle r banks, including the . “This is a majoer policy shift advocated by ICBA that lowers the special assessment forour nation’ds more than 8,000 community banks that didn’t participatde in the practices that led to this economic yet were originally asked to pay for the sins of thos who did,” ICBA Chairman R. Michaek Menzies said in a statement. Severa community banks said they were concernec that the original assessment would reducetheir loan-making capabilities.
Earlier, Congress passed legislatio n to increasethe FDIC’s borrowing authority with the from $30 billion to $100 billionm with a proviso for emerging funding of as much as $500 The FDIC said this step was necessarty to reduce the assessment on banks.
Wednesday 22 June 2011
The Note: Where's The Beef? Jon Huntsman Serves Up Tofu To GOP Base - ABC News (blog)
andreychukuze.blogspot.com
New York Times (blog) | The Note: Where's The Beef? Jon Huntsman Serves Up Tofu To GOP Base ABC News (blog) http://abcn.ws/is2xrw As Karl notes, even as he made his first attack as a presidential candidate, he did so more gently than his fellow Republican candidates, saying he would not say Romney is a “co-conspirator on Obamacare†as former Massachusetts ... Romney Doesn't Scare Obama. This Guy Does. |
Monday 20 June 2011
Eastern Market reopens Friday - Washington Business Journal:
ovaluleq.wordpress.com
The fire, in April 2007, guttee much of the 136-year-old market and left its vendors without apermanenft home. The District set up a temporar y home for many of those vendorse nearby shortly afterthe blaze. Eastern at 7th and C streets SE, has now undergone a $22 milliob head-to-toe renovation, one many of its regulars have calleddlong overdue. Although the caus e of the fire has never beenofficially determined, it was widely believed to have been the result of faultyy electrical wiring.
Eastern Market’s reopening will see many of its originalo vendors return to once again hawk everything from freshg meatsand cheeses, to flowers art and Longtime Capitol Hill resident Jim Zaniello is among regulards who are looking forwardx to returning to the market. “It’s exciting to know that all of our market family will be back in the original buildiny and that they will continue to be an importangt part of the Hill community for years to he said.
“Eastern Market is an integrakl part of life onthe
The fire, in April 2007, guttee much of the 136-year-old market and left its vendors without apermanenft home. The District set up a temporar y home for many of those vendorse nearby shortly afterthe blaze. Eastern at 7th and C streets SE, has now undergone a $22 milliob head-to-toe renovation, one many of its regulars have calleddlong overdue. Although the caus e of the fire has never beenofficially determined, it was widely believed to have been the result of faultyy electrical wiring.
Eastern Market’s reopening will see many of its originalo vendors return to once again hawk everything from freshg meatsand cheeses, to flowers art and Longtime Capitol Hill resident Jim Zaniello is among regulards who are looking forwardx to returning to the market. “It’s exciting to know that all of our market family will be back in the original buildiny and that they will continue to be an importangt part of the Hill community for years to he said.
“Eastern Market is an integrakl part of life onthe
Friday 17 June 2011
Survey: Don't eat and drive - Birmingham Business Journal:
http://seikkailupuisto.com/Adobe%20Illustrator%209.0/gl16/gl16-4.html
In fact, 80 percent of crashes and 65 percentof near-crashews involve driver distraction. “Distractions, like eating, can become a problejm for driverswho can'tf react quickly to a sharo curve or another driver's sudden stop,” the NHTSA said in a news “Unfortunately, just one accidengt may increase your car insurance rates as much as 25 percent.” Coffees – because even with a lid, hot coffee can find its way out of the Hot soup – same premise. Tacos – becauses any food that can disassemble itselfg will leave your car looking like asaladf bar. Chili dogs – create a huge potentiap for drips and slops down the fronytof clothing.
Hamburgers – from the grease to the it could end up on your hands and thesteering wheel. Ribs and wings – what's more distracting than lickingyour fingers? Friesd chicken – equals greasuy fingers, and you've got to wipe them off whiled you're driving. Jelly donuts – impossibled to eat without having the centerdooze out. Soda – the combination of fizz in the nose and lids that leak is a recipewfor disaster. Chocolate – unlesss it’s M&M’s, there’s less of a chance it will melt in your mouthn and not inyour hands. Just how much of a problekm is this?
Exxon surveyed 1,000 drivers and discoverefd more than 70 percent eat while drivinhg and 83 percentdrink beverages.
In fact, 80 percent of crashes and 65 percentof near-crashews involve driver distraction. “Distractions, like eating, can become a problejm for driverswho can'tf react quickly to a sharo curve or another driver's sudden stop,” the NHTSA said in a news “Unfortunately, just one accidengt may increase your car insurance rates as much as 25 percent.” Coffees – because even with a lid, hot coffee can find its way out of the Hot soup – same premise. Tacos – becauses any food that can disassemble itselfg will leave your car looking like asaladf bar. Chili dogs – create a huge potentiap for drips and slops down the fronytof clothing.
Hamburgers – from the grease to the it could end up on your hands and thesteering wheel. Ribs and wings – what's more distracting than lickingyour fingers? Friesd chicken – equals greasuy fingers, and you've got to wipe them off whiled you're driving. Jelly donuts – impossibled to eat without having the centerdooze out. Soda – the combination of fizz in the nose and lids that leak is a recipewfor disaster. Chocolate – unlesss it’s M&M’s, there’s less of a chance it will melt in your mouthn and not inyour hands. Just how much of a problekm is this?
Exxon surveyed 1,000 drivers and discoverefd more than 70 percent eat while drivinhg and 83 percentdrink beverages.
Wednesday 15 June 2011
Falling costs and increasing capacity may see PV rival fossil fuels - pv magazine
inofiquxi.wordpress.com
pv magazine | Falling costs and increasing capacity may see PV rival fossil fuels pv magazine However, these economies of scale are already drawing nearer according to the International Energy Association; global solar photovoltaic capacity has been increasing at an average growth rate of more than 40 percent since 2000. ... |
Monday 13 June 2011
Hanger Orthopedic gets credit rating upgrade - Boston Business Journal:
vorotintseyqah.blogspot.com
Bethesda-based Hanger Orthopedic announced Monday thatStandarxd & Poor's Rating Servicese had raised its rating on Hange Orthopedic Group, Inc. to "B+" from raised the issue level ratingon Hanger'sw senior secured debt to "BB-" from and raised the senior unsecured debt rating to "B-" from Standard & Poor’s outlook for Hangef is “stable.” "We are extremely pleased with the S& upgrade especially given the current economic environment," said Hanger Orthopedicf chief financial officer George McHenry.
"The upgrade reflects, among othee things, our consistent performancw over the lastthree years, solid liquidity as well as no significantg near-term debt maturities." In its latest quarterr Hanger Orthopedic (NYSE: HGR) reported that net income increase d 27 percent to $4.5 million as revenus increased 7 percent to $169.1 million.
Bethesda-based Hanger Orthopedic announced Monday thatStandarxd & Poor's Rating Servicese had raised its rating on Hange Orthopedic Group, Inc. to "B+" from raised the issue level ratingon Hanger'sw senior secured debt to "BB-" from and raised the senior unsecured debt rating to "B-" from Standard & Poor’s outlook for Hangef is “stable.” "We are extremely pleased with the S& upgrade especially given the current economic environment," said Hanger Orthopedicf chief financial officer George McHenry.
"The upgrade reflects, among othee things, our consistent performancw over the lastthree years, solid liquidity as well as no significantg near-term debt maturities." In its latest quarterr Hanger Orthopedic (NYSE: HGR) reported that net income increase d 27 percent to $4.5 million as revenus increased 7 percent to $169.1 million.
Saturday 11 June 2011
Industry Leader: Jill Bickford - Minneapolis / St. Paul Business Journal:
qozadaunu.blogspot.com
Continuing education : Bachelor’sw degree in management, Metropolitan Stats University What professional accomplishment makesz youmost proud? A number of times in my I’ve been faced with makinhg a tough call and even though therd may have been an easy way out, I took the more difficuly route, because at the end of the day, I knew it was the righr thing to do. What was the singlw most defining moment inyour career?? Again, it is really difficult to point to a singlwe moment, but I would have to say that the past six monthd have been some of the most challengint in my career.
I have spenf a great deal of time rallyingmy team, ensuring they stay positive and focused on the importanr things. I’m proud of the way the more than 230 employeex I oversee have responded to thesedifficulr conditions. What do you see as the biggesg issue in your industryrightg now? The banking industry has certainlyg been in the spotlight for the past The biggest issue facing communityg banks is the negative perception out therw that we aren’t lending money and/or that we participated in the subprimew market, both of which are not true at Bremer is stable, profitable and well-capitalized. What are your goales for this year?
My goal for this year is to keep our employeez focused on what they do managing the valuable relationships we have with our clientxs and telling the Bremef story in order to gain new What areyour long-term goals? My personal long-terjm goals are to remaibn healthy and enjoy my retirement someday! my goals include being the best leader I can be and helpinv to prepare my team for either in their current role or the role they aspire to. What advicwe would you give towomen professionals? Advice is tough because everybody has different personalities, styles and caree r goals. There are two points that I woulsd share withwomen professionals.
First, be well preparede and do your The second is to leadby example. Family : I have a very supportiv e husband, Mick, and a funny Jack Russel terriernamed Dublin. Leisure : When I have some leisurw time, I spend most of it gardening or cruising around the lake in our pontoon boat with Mickand
Continuing education : Bachelor’sw degree in management, Metropolitan Stats University What professional accomplishment makesz youmost proud? A number of times in my I’ve been faced with makinhg a tough call and even though therd may have been an easy way out, I took the more difficuly route, because at the end of the day, I knew it was the righr thing to do. What was the singlw most defining moment inyour career?? Again, it is really difficult to point to a singlwe moment, but I would have to say that the past six monthd have been some of the most challengint in my career.
I have spenf a great deal of time rallyingmy team, ensuring they stay positive and focused on the importanr things. I’m proud of the way the more than 230 employeex I oversee have responded to thesedifficulr conditions. What do you see as the biggesg issue in your industryrightg now? The banking industry has certainlyg been in the spotlight for the past The biggest issue facing communityg banks is the negative perception out therw that we aren’t lending money and/or that we participated in the subprimew market, both of which are not true at Bremer is stable, profitable and well-capitalized. What are your goales for this year?
My goal for this year is to keep our employeez focused on what they do managing the valuable relationships we have with our clientxs and telling the Bremef story in order to gain new What areyour long-term goals? My personal long-terjm goals are to remaibn healthy and enjoy my retirement someday! my goals include being the best leader I can be and helpinv to prepare my team for either in their current role or the role they aspire to. What advicwe would you give towomen professionals? Advice is tough because everybody has different personalities, styles and caree r goals. There are two points that I woulsd share withwomen professionals.
First, be well preparede and do your The second is to leadby example. Family : I have a very supportiv e husband, Mick, and a funny Jack Russel terriernamed Dublin. Leisure : When I have some leisurw time, I spend most of it gardening or cruising around the lake in our pontoon boat with Mickand
Wednesday 8 June 2011
Janelia Farm Research Campus to expand - Puget Sound Business Journal (Seattle):
loxezop.wordpress.com
The plans call for the Chevyy Chase nonprofit institute to build new temporaru campus housing forgraduate students, postdoctoral researchers and visitinh scientists near the main entrancer of its first standalone researchn campus, a 689-acre expanse that openesd three years ago as the first of its kind in Northern Virginia. The project, entailingb 60 new one-bedroom apartments, is meanr to help the research institute attract more scientififc talent from around the world toits 240-strong staff.
“Graduate students and post docs are with us for a relativelh short period of time and they place a high value on livingy close totheir laboratories,” said Gerry Rubin, Janelia Farm’s director. This marksd the first major expansion forJanelia Farm, toutexd as a $500 million biomedical crownj jewel for Northern Virginia, and a rare constructionh project in an otherwisre gloomy commercial real estats market hit hard by the WDG Architecture of Washington, D.C., is helping design the new 80,000-square-footg building, which will boast the same curved shape as the campus’ glass-walled research building.
Ashburn-basedf Dietze Construction Group willoversee construction, expected to begin this Labor Day weekend and be complete in a year’s time. The four-story buildintg will include a ground floor with common areas and coveres parking for61 cars, all topped by three residentia l floors. Each floor, incorporating natural light and loft-like will contain 20 one-bedroom apartments, most includiny an additional den. They will join Janelia Farm’ housing village, already compose of 21 studios and32 multi-bedroom apartments and by now fully occupier by visiting staffers. The institutr will charge the short-term residents rent to help covefr monthly expenses of thenew space.
“It is intendeed to break even,” said Avice Meehan, institute spokeswoman. “There’x no immediate plans for additionalhousinhg [after this project]. This will satisfgy our needs for some time to The Howard Hughes institute has applied for upto $23 million in tax-exempt bonds with the Loudoun Countyy Industrial Development Authority to finance the apartmentr building project and related costs -- an application that must also go befors the Loudoun County Board of Supervisors. With a $17.
4 billion endowment, Howard Hughes Medica Institutefunds long-term biomedical research by its 2,400p scientist employees or collaborators nationwide, to the tune of $658 millionj last fiscal year alone. Janeli a Farm, anticipating to be fullyy staffed in the nexttwo years, spent roughly $100 millionb on research projects and operations last fiscal year.
The plans call for the Chevyy Chase nonprofit institute to build new temporaru campus housing forgraduate students, postdoctoral researchers and visitinh scientists near the main entrancer of its first standalone researchn campus, a 689-acre expanse that openesd three years ago as the first of its kind in Northern Virginia. The project, entailingb 60 new one-bedroom apartments, is meanr to help the research institute attract more scientififc talent from around the world toits 240-strong staff.
“Graduate students and post docs are with us for a relativelh short period of time and they place a high value on livingy close totheir laboratories,” said Gerry Rubin, Janelia Farm’s director. This marksd the first major expansion forJanelia Farm, toutexd as a $500 million biomedical crownj jewel for Northern Virginia, and a rare constructionh project in an otherwisre gloomy commercial real estats market hit hard by the WDG Architecture of Washington, D.C., is helping design the new 80,000-square-footg building, which will boast the same curved shape as the campus’ glass-walled research building.
Ashburn-basedf Dietze Construction Group willoversee construction, expected to begin this Labor Day weekend and be complete in a year’s time. The four-story buildintg will include a ground floor with common areas and coveres parking for61 cars, all topped by three residentia l floors. Each floor, incorporating natural light and loft-like will contain 20 one-bedroom apartments, most includiny an additional den. They will join Janelia Farm’ housing village, already compose of 21 studios and32 multi-bedroom apartments and by now fully occupier by visiting staffers. The institutr will charge the short-term residents rent to help covefr monthly expenses of thenew space.
“It is intendeed to break even,” said Avice Meehan, institute spokeswoman. “There’x no immediate plans for additionalhousinhg [after this project]. This will satisfgy our needs for some time to The Howard Hughes institute has applied for upto $23 million in tax-exempt bonds with the Loudoun Countyy Industrial Development Authority to finance the apartmentr building project and related costs -- an application that must also go befors the Loudoun County Board of Supervisors. With a $17.
4 billion endowment, Howard Hughes Medica Institutefunds long-term biomedical research by its 2,400p scientist employees or collaborators nationwide, to the tune of $658 millionj last fiscal year alone. Janeli a Farm, anticipating to be fullyy staffed in the nexttwo years, spent roughly $100 millionb on research projects and operations last fiscal year.
Monday 6 June 2011
Food company stays on menu - Business Courier of Cincinnati:
pabigy.wordpress.com
million to expand an existing warehouse facilitgyin Lockland. To encourage the Hamilton County Commissioners approved tax abatementsworth $847,000 over 10 years for Reinhart. Catanzaro previousl received tax breaks when it moved 80 jobs to Locklansdfrom Over-the-Rhine in 1999. “They were outgrowinf the spacethey had,” said David Krings, administrator of the suburbabn Hamilton County village, which counts Reinhart as one of its five largesgt employers. “We got word they were considering leaving inthe spring, Krings “We consider this a double win. Not only are they not but they’re growing.
” Reinhart officials referred questionssto , which did not return La Crosse, Wis.-based Reinhart, a division of Reyes Holdingsa in Chicago, will add 44,0000 square feet to its distribution facility at 535 Shephere Ave., an expansion of roughly 60 percent. The project is expectee to retain 169 jobs and create 30 new positions that pay an averagrof $47,000 in annual according to the agreement approved by commissionersz Sept. 17.
Reinhart is one of the nation’s largesy distributors of food to the Burgee King andSubway chains, with 2007 sales of $3 billiob and customers in 37 states, according to its Web It was acquired in 2004 by Reyes which has 8,700 employees and revenue of about $10 Its distributes more than 65 million cases of beer The Catanzaro acquisition in April 2006 was followefd by a string of eight more acquisitions, the latesgt coming Sept. 12, when Reinhart announced it wouls acquire The deal brings its networkof U.S. distributiohn centers to 20 facilitiess in13 states. In January, it won a two-yearf prime vendor contract worth upto $19. 4 million to supply the U.S. military.
million to expand an existing warehouse facilitgyin Lockland. To encourage the Hamilton County Commissioners approved tax abatementsworth $847,000 over 10 years for Reinhart. Catanzaro previousl received tax breaks when it moved 80 jobs to Locklansdfrom Over-the-Rhine in 1999. “They were outgrowinf the spacethey had,” said David Krings, administrator of the suburbabn Hamilton County village, which counts Reinhart as one of its five largesgt employers. “We got word they were considering leaving inthe spring, Krings “We consider this a double win. Not only are they not but they’re growing.
” Reinhart officials referred questionssto , which did not return La Crosse, Wis.-based Reinhart, a division of Reyes Holdingsa in Chicago, will add 44,0000 square feet to its distribution facility at 535 Shephere Ave., an expansion of roughly 60 percent. The project is expectee to retain 169 jobs and create 30 new positions that pay an averagrof $47,000 in annual according to the agreement approved by commissionersz Sept. 17.
Reinhart is one of the nation’s largesy distributors of food to the Burgee King andSubway chains, with 2007 sales of $3 billiob and customers in 37 states, according to its Web It was acquired in 2004 by Reyes which has 8,700 employees and revenue of about $10 Its distributes more than 65 million cases of beer The Catanzaro acquisition in April 2006 was followefd by a string of eight more acquisitions, the latesgt coming Sept. 12, when Reinhart announced it wouls acquire The deal brings its networkof U.S. distributiohn centers to 20 facilitiess in13 states. In January, it won a two-yearf prime vendor contract worth upto $19. 4 million to supply the U.S. military.
Saturday 4 June 2011
South Carolina printing firm to open facility in Thomasville - The Business Journal of the Greater Triad Area:
ufysyho.wordpress.com
Columbia, S.C.-based has signed a two-year with an option to buy, for a 17,500-square-foot building off Business 85, near Windinv Creek Golf Coursein Thomasville, said Tim owner of 15-year-old Laser Print. The compan y — which prints and mails more than 7 millionb pagesof invoices, bank statements and othetr data for firms — has already hired a handfulp of employees, including a manager and others to run the printers. Eventually, Delaneh said he would like to hire atleast 20, and possiblyy more than 30 workers, depending on the branch’ws growth. Hourly posts start at about $12 per while salaried positionspay $70,0090 and up.
Delaney said the companhy is in the middle of doinf a couple hundred thousand dollars wortu of upfits tothe building, includinf installing printers and other He said he hopes to open by June 15. The firm had been planningt to expand forsome time, before the economuy began to decline. But even in the recession, he Laser Print saw about 15 percent revenue growtuin 2008, compared to 2007, because while some companies have cut back on they often need delinquent or relatecd notices. He said expanding will allow him to attractg more clients forLaser Print, which alreadgy has more than 30 employees in Columbia and customerws in North Carolina, South Carolina and Virginia.
Lasedr Print has up to 24 monthsa to buy the Thomasville which Davidson County tax recordsd value at morethan $650,000. Delanet said the lease-purchase was attractive because it gives the companuy time to get off the ground befor e committing toa long-term contract. The building is on six acresd and can expandanother 20,000 square feet. It is ownec by , which operated at the site until twoyearz ago, when it sold its busineses to , said Jordan Reece, a broketr with in High who brokered the deal.
He addee that lease-purchase agreements such as Laser Print’e are increasingly common, as landlords become more The deals provide tenants some comfortr in avoidingbig commitments, while also bringing in incomew for owners.
Columbia, S.C.-based has signed a two-year with an option to buy, for a 17,500-square-foot building off Business 85, near Windinv Creek Golf Coursein Thomasville, said Tim owner of 15-year-old Laser Print. The compan y — which prints and mails more than 7 millionb pagesof invoices, bank statements and othetr data for firms — has already hired a handfulp of employees, including a manager and others to run the printers. Eventually, Delaneh said he would like to hire atleast 20, and possiblyy more than 30 workers, depending on the branch’ws growth. Hourly posts start at about $12 per while salaried positionspay $70,0090 and up.
Delaney said the companhy is in the middle of doinf a couple hundred thousand dollars wortu of upfits tothe building, includinf installing printers and other He said he hopes to open by June 15. The firm had been planningt to expand forsome time, before the economuy began to decline. But even in the recession, he Laser Print saw about 15 percent revenue growtuin 2008, compared to 2007, because while some companies have cut back on they often need delinquent or relatecd notices. He said expanding will allow him to attractg more clients forLaser Print, which alreadgy has more than 30 employees in Columbia and customerws in North Carolina, South Carolina and Virginia.
Lasedr Print has up to 24 monthsa to buy the Thomasville which Davidson County tax recordsd value at morethan $650,000. Delanet said the lease-purchase was attractive because it gives the companuy time to get off the ground befor e committing toa long-term contract. The building is on six acresd and can expandanother 20,000 square feet. It is ownec by , which operated at the site until twoyearz ago, when it sold its busineses to , said Jordan Reece, a broketr with in High who brokered the deal.
He addee that lease-purchase agreements such as Laser Print’e are increasingly common, as landlords become more The deals provide tenants some comfortr in avoidingbig commitments, while also bringing in incomew for owners.
Wednesday 1 June 2011
BofA under fire from SEIU, consumer groups - Silicon Valley / San Jose Business Journal:
ramsburgsyuheo1544.blogspot.com
The criticism comes from the , which is tryinfg to organize the bank’s work force, alonhg with the and the . They say Charlotte-based BofA has pressured workers to meet sales quotass thatburdened customers, especially among the working class, with costly and unnecessary products. “The SEIU’s claimsw misrepresent Bank of America’s relationship with its customers and its saysAnne Pace, a spokeswomanh for the bank. Some of the practicews under fire, such as courting thosee at embassies to sign up for checking accountzs andother products, has long been seen as a savvty move by major banks to reach out to The groups also targeted BofA’ debt-collection practices.
One former BofA employee said the bank falselty threatenedlegal action, in violation of federaol law. The former employee also said BofA callefd neighbors oftroubled borrowers, askintg them to deliver a message to the BofA “We will not comment on specifixc allegations made by former associates, but will say that our practicezs are fair,” BofA’s Pace “The bank is committed to providinf products and services to all of our customerx to help them meet their financial needs.
”
The criticism comes from the , which is tryinfg to organize the bank’s work force, alonhg with the and the . They say Charlotte-based BofA has pressured workers to meet sales quotass thatburdened customers, especially among the working class, with costly and unnecessary products. “The SEIU’s claimsw misrepresent Bank of America’s relationship with its customers and its saysAnne Pace, a spokeswomanh for the bank. Some of the practicews under fire, such as courting thosee at embassies to sign up for checking accountzs andother products, has long been seen as a savvty move by major banks to reach out to The groups also targeted BofA’ debt-collection practices.
One former BofA employee said the bank falselty threatenedlegal action, in violation of federaol law. The former employee also said BofA callefd neighbors oftroubled borrowers, askintg them to deliver a message to the BofA “We will not comment on specifixc allegations made by former associates, but will say that our practicezs are fair,” BofA’s Pace “The bank is committed to providinf products and services to all of our customerx to help them meet their financial needs.
”
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