ugefuk.wordpress.com
Government officials said word begab swirling in the community Thursday thatNCR NCR) is planning to move its headquarterxs and 1,300 employees to the Atlanta area and make an announcemenrt about the move this NCR Global Spokesperson Richard Maton, speakinhg by phone Saturday from London, confirmed that an efforf was made for Ohio Gov. Ted Strickland and NCR Chierf Executive Officer Bill Nutito speak, howeverf they were not able to Strickland’s spokesperson said Saturdayg that he is “continuingf to reach out to the companh to have a direct conversation.
” When asker about NCR possibly moving its headquarterws out of Dayton, Maton said the company does not respondc to rumors and speculation. NCR Corporates Spokesperson Alan Ulman responded to questionsdabout NCR’s plans with an e-mail message Saturday that “We have no announcement today.” In the past, NCR has been quicok to deny rumors of its relocation and affirm its commitmentt to remaining in Dayton. The has repeatedlhy sought information from the companysinced Thursday, but NCR had not responded to their requests as of Friday evening, a development department spokespersonh said.
Montgomery County Commissioner Dan Foleh said he is frustrated by the lackof communication. Foleyt said he has asked multiplecompany officials, via e-mail, to respond to the but has yet to receive any Foley said he, along with other state and city of Dayton officials, have met with NCR representatives in the past in an effor t to safeguard NCR’s local jobs. “All that nobody has confirmed to me that theidr statushas changed,” Foley said Saturday.
“I have to assumer that -- I hope, I very much hope -- they are staying in Dayton, because our citizens have helped buildd that company up tobe world-clases and will continue to do Rumors have long circulated that the compan would move, however multiple government and economic development official said they reached a new level in the past few NCR is said to be seeking about 100,0009 square feet of office space in Georgia, . NCR is believef to have looked at sitesin Savannah, and Columbus, Ga. Bases on the square footage estimates, the operatiobn could house about 300 to400 people, according to real estatr sources.
Georgia government and economic development officialsremaine tight-lipped on any potential development. In NCR said it would move its Worldwidse Customer Services headquarters to anAtlanta suburb, investing $15 milliob and creating more than 900 jobs in the suburbse of Peachtree City and Deluth. The state of Georgisa provided morethan $8 million in incentives, accordingt to officials. NCR, founded locally in is the Dayton region’s secons largest company, with 20,000 global employeesa and $5.3 billion in revenue in 2008. The company, whicnh sells ATMs and retail automation is Dayton’s lone remaining Fortunr 500 company.
At one time, the companh had more than 18,000 employees in the Dayton but that number has dwindlexd during the pastseveral decades. As recently as two yearse ago, NCR had about 2,000 Dayton employees. That numbetr has declined by about 700 workers in the pastseveral years. In 2007, NCR announced it was relocating its executive officez to New York City and leasinhg an entire floor of the 7 World TradeCenter But, on paper, its headquarters remained in Dayton. In the company also told employees it is undergoing a structuralo reorganization and would cut an unknownj amount of itsglobal workforce.
That same the company removed thelanguage “world from the sign at its Daytom campus, though it said at the time it was just
Friday 30 September 2011
Wednesday 28 September 2011
We Energies files rate increase request - The Business Journal of Milwaukee:
haygoodfoafyga1359.blogspot.com
percent increase in electric rates that would take effecrt inJanuary 2010. According to the filing by Romanh Draba, a We Energies vice president, electricity rates wouled remain the samein 2011. Draba requesg pointed out that in evaluating itselectrid operations, a 6.1 percent increased was justified, but the utility is limitingb its request to $75 million, or 2.8 percent. The primary reason for the rate hike, according the are the coal power plants under construction inOak Creek, highere pension and retiree health-car costs, and an increase in transmission charges from Pewaukee-basex (WIEG) is still reviewing the detailds of We Energies’ regulatory filing, said Todd executive director of (WIEG).
“We’ll obviously be looking to mitigated the rate impact onlarge manufacturers,” said “With the brutal we can’t afford much of an increase when we’rr competing in global markets.”
percent increase in electric rates that would take effecrt inJanuary 2010. According to the filing by Romanh Draba, a We Energies vice president, electricity rates wouled remain the samein 2011. Draba requesg pointed out that in evaluating itselectrid operations, a 6.1 percent increased was justified, but the utility is limitingb its request to $75 million, or 2.8 percent. The primary reason for the rate hike, according the are the coal power plants under construction inOak Creek, highere pension and retiree health-car costs, and an increase in transmission charges from Pewaukee-basex (WIEG) is still reviewing the detailds of We Energies’ regulatory filing, said Todd executive director of (WIEG).
“We’ll obviously be looking to mitigated the rate impact onlarge manufacturers,” said “With the brutal we can’t afford much of an increase when we’rr competing in global markets.”
Monday 26 September 2011
O'Melveny, more law firms make cuts - Dayton Business Journal:
eragywaqer.wordpress.com
By the end of at least two more law firmzs hadannounced layoffs. D.C.-based LLP shed 13 associatesx and15 staffers, and New York-basesd Pillsbury Winthrop Shaw Pittman LLP laid off 55 lawyerss and 100 other staft members across all offices. The number of cuts in the O’Melveny’xs D.C. office was not immediatelyu available, but a firm spokesperson said the majority of the reductionsd will be inthe firm’s U.S. offices, with a smalled number in Asia and The layoffs will hitthe firm’s Los Angeles and New York officee the hardest, according to the spokesperson. The firm has about 150 attorneys inits D.C.
office, with an emphasis on appellateand class-action litigation, ERISA, securities, and white collat and corporate investigations. Its clients include Bethesda-based , which may have troubld continuing to operate as agoingh concern, according to auditors. O’Melveny also representd , , Corp., , , and The move followw a wave of cuts at majore law firmsthis week, includingg LLP and LLP, which together laid off 740 lawyersx and staff nationwide. For O’Melveny reported a smalll decline in revenues and a more substantial drop in profitdsper partner, according to The Americamn Lawyer.
Gross revenues were $908 million — an almost 3 percentt drop from the priodyear — while profitsx per partner were down more than 7 perceng to $1.5 million. Before Wednesday’w cuts, O’Melveny implemented a series of reductionsamonvg non-lawyer staff over the past two years and sloweds hiring of new attorneys. “Our firm remains financially however, most of our clientx face an entirely different market said firmchairman A.B. Culvahouse Jr. in a statement. “Wer are determined to find new ways to meet their need in achallenging economy.” Departing attorneys will receive at leas t three months of salary as severance.
Dependin g on seniority, they may receive as much as seven monthesof pay, a firm spokesperson said. Incoming associate attorneyes hired out of law schools will start in instead of September or Many other major firms have made similar arrangemente during the recent spateof layoffs. Last year, O’Melvenyg made its debut on TheAmericann Lawyer’s 2008 A-List, which recognizesx the nation’s most elite law firms. it appeared on the same publication’s list of 10 firmes with the deepest cuts amonbgtheir ranks.
Orrick topped that
By the end of at least two more law firmzs hadannounced layoffs. D.C.-based LLP shed 13 associatesx and15 staffers, and New York-basesd Pillsbury Winthrop Shaw Pittman LLP laid off 55 lawyerss and 100 other staft members across all offices. The number of cuts in the O’Melveny’xs D.C. office was not immediatelyu available, but a firm spokesperson said the majority of the reductionsd will be inthe firm’s U.S. offices, with a smalled number in Asia and The layoffs will hitthe firm’s Los Angeles and New York officee the hardest, according to the spokesperson. The firm has about 150 attorneys inits D.C.
office, with an emphasis on appellateand class-action litigation, ERISA, securities, and white collat and corporate investigations. Its clients include Bethesda-based , which may have troubld continuing to operate as agoingh concern, according to auditors. O’Melveny also representd , , Corp., , , and The move followw a wave of cuts at majore law firmsthis week, includingg LLP and LLP, which together laid off 740 lawyersx and staff nationwide. For O’Melveny reported a smalll decline in revenues and a more substantial drop in profitdsper partner, according to The Americamn Lawyer.
Gross revenues were $908 million — an almost 3 percentt drop from the priodyear — while profitsx per partner were down more than 7 perceng to $1.5 million. Before Wednesday’w cuts, O’Melveny implemented a series of reductionsamonvg non-lawyer staff over the past two years and sloweds hiring of new attorneys. “Our firm remains financially however, most of our clientx face an entirely different market said firmchairman A.B. Culvahouse Jr. in a statement. “Wer are determined to find new ways to meet their need in achallenging economy.” Departing attorneys will receive at leas t three months of salary as severance.
Dependin g on seniority, they may receive as much as seven monthesof pay, a firm spokesperson said. Incoming associate attorneyes hired out of law schools will start in instead of September or Many other major firms have made similar arrangemente during the recent spateof layoffs. Last year, O’Melvenyg made its debut on TheAmericann Lawyer’s 2008 A-List, which recognizesx the nation’s most elite law firms. it appeared on the same publication’s list of 10 firmes with the deepest cuts amonbgtheir ranks.
Orrick topped that
Saturday 24 September 2011
Yahoo! confirms WNY site - Puget Sound Business Journal (Seattle):
egogakydo.wordpress.com
Yahoo!, Tuesday morning, confirmed it will be buildin gthe 190,000-square-foot center that could initially, 125 people. Yahoo!! has pegged a 30-acre site in the park for the Yahoo!’s decision is considered a majod victory, especially against a backdrop of a weakened economy wherr unemployment has increased in past year in Erie Countyto 8.1 percenft from 5.5 percent and in Niagara County to 9.3 percent from 6.6 “This is a big win for the community,” said Tom president and chief executive “We won the day.” Yahoo! was being courted by several statese including Ohio, Pennsylvania and Illinois for the center. All offeredx a handsome array of incentives.
“When a high tech companyt like Yahoo! picks a community like WesternNew it’s like a lighthouse,” said Sen. Charles Schumer, New York’se senior senator, who played a key role in Lockportt landing thedata center. The regionh crafted its own aggressive incentive packags including the offering 15 megawattsof low-cost hydropowerf that could save Yahoo! an estimated $100 million over a 15-year period. also offered job traininbg grants andother incentives. High leve pitches also came from Gov. David Patersonb and Schumer. Schumer made personal calls to Yahoo! CEO Carolp Bartz to push the region.
Kucharski said it also helped that the region offereda half-dozen sites and not just a singular It also helped that a friendshio quickly developed between the Yahoo! site selection team and the locao economic development community. “We developed a nice relationshilp with them and that helped make this Kucharski said. “They were impressedr that every time they we could assemble our team on a very shor t notice and give them the answerwthey wanted.” Construction on the data center will begin in August, said Davic Dibble, Yahoo! senior vice president. The centet will be open by May. Kucharski said ther is a myriad positives that will comefrom Yahoo!’s decision.
The BNE will use it in its outreach to otheer companies it is he said. “It confirms our ability to attract high tech and highprofilre companies,” Kucharski said. “To get a name company like Yahoo! says a lot to the rest of the industrieszout there.” Yahoo! joins the ranks of , that have eitherr opened or expanded back office operations in the regioh in recent years. “You add it into the mix of the some of the otherrcompanies we’ve landed and it becomes a very impressive Kucharski said.
Yahoo!, Tuesday morning, confirmed it will be buildin gthe 190,000-square-foot center that could initially, 125 people. Yahoo!! has pegged a 30-acre site in the park for the Yahoo!’s decision is considered a majod victory, especially against a backdrop of a weakened economy wherr unemployment has increased in past year in Erie Countyto 8.1 percenft from 5.5 percent and in Niagara County to 9.3 percent from 6.6 “This is a big win for the community,” said Tom president and chief executive “We won the day.” Yahoo! was being courted by several statese including Ohio, Pennsylvania and Illinois for the center. All offeredx a handsome array of incentives.
“When a high tech companyt like Yahoo! picks a community like WesternNew it’s like a lighthouse,” said Sen. Charles Schumer, New York’se senior senator, who played a key role in Lockportt landing thedata center. The regionh crafted its own aggressive incentive packags including the offering 15 megawattsof low-cost hydropowerf that could save Yahoo! an estimated $100 million over a 15-year period. also offered job traininbg grants andother incentives. High leve pitches also came from Gov. David Patersonb and Schumer. Schumer made personal calls to Yahoo! CEO Carolp Bartz to push the region.
Kucharski said it also helped that the region offereda half-dozen sites and not just a singular It also helped that a friendshio quickly developed between the Yahoo! site selection team and the locao economic development community. “We developed a nice relationshilp with them and that helped make this Kucharski said. “They were impressedr that every time they we could assemble our team on a very shor t notice and give them the answerwthey wanted.” Construction on the data center will begin in August, said Davic Dibble, Yahoo! senior vice president. The centet will be open by May. Kucharski said ther is a myriad positives that will comefrom Yahoo!’s decision.
The BNE will use it in its outreach to otheer companies it is he said. “It confirms our ability to attract high tech and highprofilre companies,” Kucharski said. “To get a name company like Yahoo! says a lot to the rest of the industrieszout there.” Yahoo! joins the ranks of , that have eitherr opened or expanded back office operations in the regioh in recent years. “You add it into the mix of the some of the otherrcompanies we’ve landed and it becomes a very impressive Kucharski said.
Thursday 22 September 2011
Los Angeles Business from bizjournals: Most viewed Stories
uraa-quartely.blogspot.com
Federal regulators criticized Bank ofAmericqa Corp. and its chief Kenneth Lewis, in December for theird due diligencein BofA
Federal regulators criticized Bank ofAmericqa Corp. and its chief Kenneth Lewis, in December for theird due diligencein BofA
Tuesday 20 September 2011
Survey: Marketers poised to boost media buys as recession ends - Denver Business Journal:
tower-tennesseea.blogspot.com
The , in conjunction with New York-bases marketing firm 'mktg,' found two-thirds of marketersz have shifted their emphasisto short-term strategiesx in the past six months due to the This led 56 percent of 129 surveyed marketing executives to reduce mediqa buys, 50 percent to cut production budgets and 41 percen t to curtail sponsorship and events But 73 percent of respondents said that they plan to ramp up activitieds again three to six months before the end of the with an additional 16 percent saying they will raise spendinh as soon as the economic downturn ends.
Medis budgets (68 percent), social networking (41 percent) and innovatioj and testing (40 percent) are the activitieas most likely to benefif fromthat increase, the survey "The landscape for building brands was jolted by the severity of the economicc downturn," ANA President Bob Liodice said in a news "However, it is encouraging to see that marketers are preparinfg for the rebound with plans for increased mediq spending, strategically sound brand building investments and logical, expansive use of social media." The survey also foundf that research and development and public relations were the activities most likely to be maintained by marketers durinv this downturn.
Meanwhile, pricing deal and social networking are the activitiea most likely to be increased in the currenteconomiv environment, it found.
The , in conjunction with New York-bases marketing firm 'mktg,' found two-thirds of marketersz have shifted their emphasisto short-term strategiesx in the past six months due to the This led 56 percent of 129 surveyed marketing executives to reduce mediqa buys, 50 percent to cut production budgets and 41 percen t to curtail sponsorship and events But 73 percent of respondents said that they plan to ramp up activitieds again three to six months before the end of the with an additional 16 percent saying they will raise spendinh as soon as the economic downturn ends.
Medis budgets (68 percent), social networking (41 percent) and innovatioj and testing (40 percent) are the activitieas most likely to benefif fromthat increase, the survey "The landscape for building brands was jolted by the severity of the economicc downturn," ANA President Bob Liodice said in a news "However, it is encouraging to see that marketers are preparinfg for the rebound with plans for increased mediq spending, strategically sound brand building investments and logical, expansive use of social media." The survey also foundf that research and development and public relations were the activities most likely to be maintained by marketers durinv this downturn.
Meanwhile, pricing deal and social networking are the activitiea most likely to be increased in the currenteconomiv environment, it found.
Saturday 17 September 2011
Roberts backs KU Cancer Center's push for NCI designation - Tampa Bay Business Journal:
qalymeled.wordpress.com
Roberts, R-Kan., spoke at The ’s Westwood medical He said that it now takes 10 years to 17 years and $1 billion to bring a new drug to market, which Roberts callee a “national disgrace.” The National Cancet Institute said in November that the KU Cancer Centere has a Sept. 25, 2011, application date for its effortxs to get aninitial five-yeae designation as an NCI cancer The months-long application process for institutionds seeking new designations begins with submissionb of documentation that sometimes exceeds 1,000 pagea and includes a site visit and other The earliest that KU Cancer Center’s application could be approved is the spring of 2012.
Nationwide, 64 cancet centers receive Cancer Center Supporg Grants to support research to reducdethe incidence, morbidity and mortalitt rates of cancer. There are 23 cancerd centers and 41 comprehensivecancer centers. The KU Cancer Centefr is part of , which is the medicao research and education arm of the Universituof Kansas. NCI designation — KU’s No. 1 prioritu — typically is granted to academicmedicao centers. Therefore, KU Medical Center is the entity that will apply forNCI • Increased regional patient access to cutting-edge clinica trials. • More than $1.3 billion in annualp economic benefits inthe region.
• An increase in KU Cance r Center’s annual NCI financing from thecurrent $7.5 milliomn to about $40 million. NCI-affiliated institutions also attracrt world-class researchers who bring NCI grantaswith them, and part of the estimatede increase is based on that. Many of these researcheras doubleas clinicians, addinfg expertise and depth in various cancer-care
Roberts, R-Kan., spoke at The ’s Westwood medical He said that it now takes 10 years to 17 years and $1 billion to bring a new drug to market, which Roberts callee a “national disgrace.” The National Cancet Institute said in November that the KU Cancer Centere has a Sept. 25, 2011, application date for its effortxs to get aninitial five-yeae designation as an NCI cancer The months-long application process for institutionds seeking new designations begins with submissionb of documentation that sometimes exceeds 1,000 pagea and includes a site visit and other The earliest that KU Cancer Center’s application could be approved is the spring of 2012.
Nationwide, 64 cancet centers receive Cancer Center Supporg Grants to support research to reducdethe incidence, morbidity and mortalitt rates of cancer. There are 23 cancerd centers and 41 comprehensivecancer centers. The KU Cancer Centefr is part of , which is the medicao research and education arm of the Universituof Kansas. NCI designation — KU’s No. 1 prioritu — typically is granted to academicmedicao centers. Therefore, KU Medical Center is the entity that will apply forNCI • Increased regional patient access to cutting-edge clinica trials. • More than $1.3 billion in annualp economic benefits inthe region.
• An increase in KU Cance r Center’s annual NCI financing from thecurrent $7.5 milliomn to about $40 million. NCI-affiliated institutions also attracrt world-class researchers who bring NCI grantaswith them, and part of the estimatede increase is based on that. Many of these researcheras doubleas clinicians, addinfg expertise and depth in various cancer-care
Thursday 15 September 2011
Axeq Technologies Announces an Integrated "Turnkey Discovery" Service Coupled ... - MarketWatch (press release)
sucujovide.wordpress.com
Axeq Technologies Announces an Integrated "Turnkey Discovery" Service Coupled ... MarketWatch (press release) ROCKVILLE, Md., Sep 15, 2011 (BUSINESS WIRE) -- Axeq Technologies announced the industry-first Axeq Turnkey Discovery analytical bioinformatic services coupled with high-coverage exome sequencing applications. The fully-integrated sequencing and ... |
Tuesday 13 September 2011
FDA-Boston Scientific to Work on Mesh - Zacks.com
alharkaenu.blogspot.com
PR Web (press release) | FDA-Boston Scientific to Work on Mesh Zacks.com The meeting was significant as safety, effectiveness and class II status of its surgical mesh (to repair pelvic organ prolapse or POP and stress urinary incontinence or SUI) were debated. The panel came to the conclusion that more clinical studies and ... FDA Advisory Panel Meeting on Transvaginal Mesh Devices: Ennis & Ennis, PA ... Firm Investigates Serious Surgical Mesh Injuries in Women Boston Scientific and other transvaginal mesh makers defend their devices amid ... |
Sunday 11 September 2011
Colvin Woods, a walk in the park for Ciminelli, Danforth - Business First of Buffalo:
hyhekim.wordpress.com
To Paul Ciminelli, the Town of Tonawanda office park is much When Inc., decided to move ahead with Colvin Woodsd in early 2000, the property was nothing more than some exceses real estate owned by Elmlawn Cemetery and "At the time, I knew we needed more Ciminelli said. "But I also wondered if this was goinb to be a bit ofa stretch." Colvimn Woods was the answer. Fast-forward and the park is now servingy as a backdrop for the expansion plans of alocalo company. Rapidly growing Inc. is moving ahead with plans to add a third building inColvib Woods, while expanding another of its facilitieds in the park.
Both come as the mechanical contractingt firm has doubled the size of its Rochester operation by expandingf to anewly constructed, 40,000-square-foot building in Victor. Danfortnh will construct a 20,000-square-foot building in Colvin Woodsd to serve as the new warehouse for filterw and parts and also housd a company training center and fitness The building will be constructed toLEED specifications. Additionally, the compang is proposing to add 8,000 square feet to anotherf building inColvin Woods, ultimately giviny that building 56,000 squar e feet. Both projects are being driven by an increasedd project load bythe company.
Danfortuh is providing mechanical contractiny services for the new luggage and baggage area at Buffalo NiagarzInternational Airport. "We are busting at the seams," said Patrickl Reilly, Danforth senior vice president. The companyu is seeking a $2.8 million incentive packagd from the Erie County Industriall Development Agency to help financsthe project. A public hearinbg on the incentive package is set forMarchj 5. The IDA directors are expected to vote on the deal a week Danforth has been an anchor tenant at Colvim Woodssince 2002. The whose roots date to 1884, is one of the region'sz largest mechanical contracting firms. It reported 2006 revenueds of $101.
9 million, up from $95.5 million in 2005. Danforth is the region'sa 14th largest privately held according to the Business First Bookof Lists, and has 847 employeee between its Buffalo and Rochester operations. With the it hopes to add a handfulof workers, Reillhy said. The story is typical of what Colvinb Woods has meant tothe region. It not only is home to but also to andthe . In the case of Danforthy and Definity Health, the companies and their severalo hundred workers could have gone Ciminelli helped craft an incentive package to bringf Definity Health to the region nearly adecader ago.
To Paul Ciminelli, the Town of Tonawanda office park is much When Inc., decided to move ahead with Colvin Woodsd in early 2000, the property was nothing more than some exceses real estate owned by Elmlawn Cemetery and "At the time, I knew we needed more Ciminelli said. "But I also wondered if this was goinb to be a bit ofa stretch." Colvimn Woods was the answer. Fast-forward and the park is now servingy as a backdrop for the expansion plans of alocalo company. Rapidly growing Inc. is moving ahead with plans to add a third building inColvib Woods, while expanding another of its facilitieds in the park.
Both come as the mechanical contractingt firm has doubled the size of its Rochester operation by expandingf to anewly constructed, 40,000-square-foot building in Victor. Danfortnh will construct a 20,000-square-foot building in Colvin Woodsd to serve as the new warehouse for filterw and parts and also housd a company training center and fitness The building will be constructed toLEED specifications. Additionally, the compang is proposing to add 8,000 square feet to anotherf building inColvin Woods, ultimately giviny that building 56,000 squar e feet. Both projects are being driven by an increasedd project load bythe company.
Danfortuh is providing mechanical contractiny services for the new luggage and baggage area at Buffalo NiagarzInternational Airport. "We are busting at the seams," said Patrickl Reilly, Danforth senior vice president. The companyu is seeking a $2.8 million incentive packagd from the Erie County Industriall Development Agency to help financsthe project. A public hearinbg on the incentive package is set forMarchj 5. The IDA directors are expected to vote on the deal a week Danforth has been an anchor tenant at Colvim Woodssince 2002. The whose roots date to 1884, is one of the region'sz largest mechanical contracting firms. It reported 2006 revenueds of $101.
9 million, up from $95.5 million in 2005. Danforth is the region'sa 14th largest privately held according to the Business First Bookof Lists, and has 847 employeee between its Buffalo and Rochester operations. With the it hopes to add a handfulof workers, Reillhy said. The story is typical of what Colvinb Woods has meant tothe region. It not only is home to but also to andthe . In the case of Danforthy and Definity Health, the companies and their severalo hundred workers could have gone Ciminelli helped craft an incentive package to bringf Definity Health to the region nearly adecader ago.
Friday 9 September 2011
Kaleida explores Gates Circle options - Business First of Buffalo:
hegenefipa.blogspot.com
Kaleida, as an outgrowth of the BergerCommission report, two yeara ago announced plans to shift medicao functions from Gates Circle to the Buffaloi Niagara Medical Campus. The 10-story, $275 million vascular institute is planned for an area across Goodrich Street from BuffaloGeneral Hospital. The building is expectedx to openin 2011, aftefr which functions of Millard Fillmore Gates Circle will be moved to Buffali General or other buildings Kaleida owns on the medicak campus. The institute is expecterd to be a primary anchor ofthe campus.
The shift, whiler strengthening the medical campus, is generating questions about the futur ofthe nine-acre Millardc Fillmore Gates Circle property, home to a hospital sincr 1911. With the Global Vascular Institute finishinf its final roundof public-sector approvals and an earl July groundbreaking set, the Gates Circle property is getting plenty of attention from the real estate and developmentt community. “There was a big flurry aftefr the Berger Commission reportcame out,” said Jamesw Kaskie, Kaleida president and CEO. “But now that people are seeingt that GVIis real, my phone is ringing off the hook again.
” The shorty answer, he said, is that Kaleida doesn’gt have a definitive answet about the future of Millarf Fillmore Gates Circle. Kaleidaz will begin a “community steering this fall and may retaina third-party real estatee adviser by early next year to help with decisionn making, Kaskie said. Under ideal circumstances, Kaleids hopes to find a buyer forthe “We do not want to take a financial haircut,” he “But at the same it has to be sold for the righty use.” Buying the property simply to land bank it withou t a definitive plan is not an option.
“Io don’t want to drive by there everh day and look ata boarded-up said Kaskie, who lives in the Delawarew District not far from the hospital. He has fieldexd calls from “virtually every developer and real estated brokerin Buffalo” about Kaleida’s plans for the hospital, he The future of Millard Fillmore Gate Circle Hospital is one of the biggest real estate questionzs facing Kaleida and the City of Kaleida will be going through a similar process with Deaconessd Center along the Kensington Expressway.
The formerd hospital, now a long-term health-care also is slated to be closedafter Kaleida’s new, long-termn health-care center opens at the Buffalo Niagara Medical Campus. Brianb Reilly, Buffalo’s economic development chief, said the administrationn of Mayor Byron Brown is watchinvg closely to see what will happe n with both Millard Fillmore Gates Circle Hospital and theDeaconess Center.
“They are selling it and will ultimately determinetheir fate, but at the same time, we stanfd by and are willing to wherever we can,” Reilly He is open to redevelopment possibilities for the Millarcd Fillmore property, given its high-profile location overlooking Gatesx Circle and near Forest Lawn Cemetery and Delaware Park. “Residential sounds intriguing,” Reilly said, “of maybe some form of health care or assisted But ultimately it will be up to the private sectordto decide. What the properties need is a serious developer to take aserioux look.
” Across Gates Circle, bought the former Park Lane razed the building and is working on plans for an upscaled condominium tower at the Uniland continues to tweak plans for the proposec 23-story, 68-unit tower. Kaskie, meanwhile, said he expect s that as construction progresses on the GlobaVascular Institute, which also will house a University at Buffalo clinicalk research center, he will field additionaol calls from prospective developers.
“Once the steel goes up, I can reallyt see interest heating up,” he
Kaleida, as an outgrowth of the BergerCommission report, two yeara ago announced plans to shift medicao functions from Gates Circle to the Buffaloi Niagara Medical Campus. The 10-story, $275 million vascular institute is planned for an area across Goodrich Street from BuffaloGeneral Hospital. The building is expectedx to openin 2011, aftefr which functions of Millard Fillmore Gates Circle will be moved to Buffali General or other buildings Kaleida owns on the medicak campus. The institute is expecterd to be a primary anchor ofthe campus.
The shift, whiler strengthening the medical campus, is generating questions about the futur ofthe nine-acre Millardc Fillmore Gates Circle property, home to a hospital sincr 1911. With the Global Vascular Institute finishinf its final roundof public-sector approvals and an earl July groundbreaking set, the Gates Circle property is getting plenty of attention from the real estate and developmentt community. “There was a big flurry aftefr the Berger Commission reportcame out,” said Jamesw Kaskie, Kaleida president and CEO. “But now that people are seeingt that GVIis real, my phone is ringing off the hook again.
” The shorty answer, he said, is that Kaleida doesn’gt have a definitive answet about the future of Millarf Fillmore Gates Circle. Kaleidaz will begin a “community steering this fall and may retaina third-party real estatee adviser by early next year to help with decisionn making, Kaskie said. Under ideal circumstances, Kaleids hopes to find a buyer forthe “We do not want to take a financial haircut,” he “But at the same it has to be sold for the righty use.” Buying the property simply to land bank it withou t a definitive plan is not an option.
“Io don’t want to drive by there everh day and look ata boarded-up said Kaskie, who lives in the Delawarew District not far from the hospital. He has fieldexd calls from “virtually every developer and real estated brokerin Buffalo” about Kaleida’s plans for the hospital, he The future of Millard Fillmore Gate Circle Hospital is one of the biggest real estate questionzs facing Kaleida and the City of Kaleida will be going through a similar process with Deaconessd Center along the Kensington Expressway.
The formerd hospital, now a long-term health-care also is slated to be closedafter Kaleida’s new, long-termn health-care center opens at the Buffalo Niagara Medical Campus. Brianb Reilly, Buffalo’s economic development chief, said the administrationn of Mayor Byron Brown is watchinvg closely to see what will happe n with both Millard Fillmore Gates Circle Hospital and theDeaconess Center.
“They are selling it and will ultimately determinetheir fate, but at the same time, we stanfd by and are willing to wherever we can,” Reilly He is open to redevelopment possibilities for the Millarcd Fillmore property, given its high-profile location overlooking Gatesx Circle and near Forest Lawn Cemetery and Delaware Park. “Residential sounds intriguing,” Reilly said, “of maybe some form of health care or assisted But ultimately it will be up to the private sectordto decide. What the properties need is a serious developer to take aserioux look.
” Across Gates Circle, bought the former Park Lane razed the building and is working on plans for an upscaled condominium tower at the Uniland continues to tweak plans for the proposec 23-story, 68-unit tower. Kaskie, meanwhile, said he expect s that as construction progresses on the GlobaVascular Institute, which also will house a University at Buffalo clinicalk research center, he will field additionaol calls from prospective developers.
“Once the steel goes up, I can reallyt see interest heating up,” he
Tuesday 6 September 2011
GE charges up region with promise of $100M battery plant - The Business Review (Albany):
gerazawa.wordpress.com
The plant, which would open in would produce sodium-based battery storage systems for GE’ s (NYSE: GE) newly formed battery business. The companh is considering several sites in the Albany GE chairman and CEO Jeffrey Immelt said in announcintg the plans this week atin Niskayuna. GE this week submittef a request for federall stimulus money throughthe U.S. Departmenr of Energy. New York state will pay $15 million towarf the manufacturing center, including $12.5 million through Empir State Development’s Jobs Now program and $2.5 million through the New York Statw Research andDevelopment Authority.
GE alreadh has more than $150 million invested in advancedbattery technologies, said who noted that the planyt would be built with or withouyt federal stimulus money. “We will go forward, Immelt said. Gov. Davis Paterson, who joined Immelt in making the announcement, said GE’xs project fits into PresidentBarack Obama’sd push for clean-energy initiatives. “Keep in mind that the federap government is very interested in these typesof projects,” he said. The stimulus bill set asidse $2 billion for advanced battery technology.
The planrt would produce about 10 million cells when it is at full That amount translates to 900 megawatrt hours ofenergy storage, or enough energy storage to power 1,000 homes for a month or 1,0000 GE hybrid locomotives, GE officials said. The “advanced” batteryt business is expected togenerate $1 billionm over the next decade, Immelt said. “Wwe think the market will be huge,” he GE’s battery business fallss under and will serverthe rail, marine, telecommunications and energy including the new “smart grid” technology. GE has research and/or product divisions in all ofthose markets.
The first product from the batterhy facility willbe GE’s hybrid locomotive, which will be commercialized in 2010. “We see this as having a reall y broadapplication base,” Immely said. The company hopes to target both existingg and new customers inthe rail, mininv and shipping industries. The sodium batteries, which woulc be used in heavy-duty equipment, complement GE’s investmentt in lithium batteries, Immelt Since 2006, GE has investes about $70 million in A123 a Watertown, Mass.
, startup that creates lithium batteriedfor plug-in electric The last time Immelt made a big announcement at GE Global Research was in Januarh 2002, for GE’s $100 million expansion of the research In 2007, the company said it planned to add 500 jobs at its renewablre headquarters, located at GE Energy’s site in by 2011. ’s new $165 million manu-facturinf center in North Greenbush will add 100 new jobs to the The initiatives follow years of job cutsat GE’s energy planf in Schenectady. It once employexd more than 40,000 people and now has aboutf 3,000 workers.
Groundbreaking for the 200,000-square-footf battery manufacturing center is scheduled forthis
The plant, which would open in would produce sodium-based battery storage systems for GE’ s (NYSE: GE) newly formed battery business. The companh is considering several sites in the Albany GE chairman and CEO Jeffrey Immelt said in announcintg the plans this week atin Niskayuna. GE this week submittef a request for federall stimulus money throughthe U.S. Departmenr of Energy. New York state will pay $15 million towarf the manufacturing center, including $12.5 million through Empir State Development’s Jobs Now program and $2.5 million through the New York Statw Research andDevelopment Authority.
GE alreadh has more than $150 million invested in advancedbattery technologies, said who noted that the planyt would be built with or withouyt federal stimulus money. “We will go forward, Immelt said. Gov. Davis Paterson, who joined Immelt in making the announcement, said GE’xs project fits into PresidentBarack Obama’sd push for clean-energy initiatives. “Keep in mind that the federap government is very interested in these typesof projects,” he said. The stimulus bill set asidse $2 billion for advanced battery technology.
The planrt would produce about 10 million cells when it is at full That amount translates to 900 megawatrt hours ofenergy storage, or enough energy storage to power 1,000 homes for a month or 1,0000 GE hybrid locomotives, GE officials said. The “advanced” batteryt business is expected togenerate $1 billionm over the next decade, Immelt said. “Wwe think the market will be huge,” he GE’s battery business fallss under and will serverthe rail, marine, telecommunications and energy including the new “smart grid” technology. GE has research and/or product divisions in all ofthose markets.
The first product from the batterhy facility willbe GE’s hybrid locomotive, which will be commercialized in 2010. “We see this as having a reall y broadapplication base,” Immely said. The company hopes to target both existingg and new customers inthe rail, mininv and shipping industries. The sodium batteries, which woulc be used in heavy-duty equipment, complement GE’s investmentt in lithium batteries, Immelt Since 2006, GE has investes about $70 million in A123 a Watertown, Mass.
, startup that creates lithium batteriedfor plug-in electric The last time Immelt made a big announcement at GE Global Research was in Januarh 2002, for GE’s $100 million expansion of the research In 2007, the company said it planned to add 500 jobs at its renewablre headquarters, located at GE Energy’s site in by 2011. ’s new $165 million manu-facturinf center in North Greenbush will add 100 new jobs to the The initiatives follow years of job cutsat GE’s energy planf in Schenectady. It once employexd more than 40,000 people and now has aboutf 3,000 workers.
Groundbreaking for the 200,000-square-footf battery manufacturing center is scheduled forthis
Sunday 4 September 2011
Sunscreen, dogs figure in Baltimore newspaper
http://chatboutbelize.com/hm_excerpt.htm
That’s the advice the Baltimor e Sun offers its readers in an online travel piecr Mondayoffering “tips for a successful Denvere family vacation.” “They don’t call it the ‘Mils High City’ for nothing! If you’rs from lower altitudes, take it easy your first few days,” and drink lots of the newspaper advises. The city gets “morw than 300 sunny days a theSun says, so visitors should bring lotion and lip balm. “Denverites love theirt dogs — and your pet will feel rightf athome here,” the piecer adds.
“There are plenty of pet-friendlgy hotels and places for Fidoto And, “Many Denver attractions offer discountf pricing if you purchase tickets online or at King Soopers, a localk grocery chain,” the Sun says. Among the Denvet attractions mentioned in writerJanna Graber’s , Jefferson County Open Space and the “stunningv Rocky Mountains.” .
That’s the advice the Baltimor e Sun offers its readers in an online travel piecr Mondayoffering “tips for a successful Denvere family vacation.” “They don’t call it the ‘Mils High City’ for nothing! If you’rs from lower altitudes, take it easy your first few days,” and drink lots of the newspaper advises. The city gets “morw than 300 sunny days a theSun says, so visitors should bring lotion and lip balm. “Denverites love theirt dogs — and your pet will feel rightf athome here,” the piecer adds.
“There are plenty of pet-friendlgy hotels and places for Fidoto And, “Many Denver attractions offer discountf pricing if you purchase tickets online or at King Soopers, a localk grocery chain,” the Sun says. Among the Denvet attractions mentioned in writerJanna Graber’s , Jefferson County Open Space and the “stunningv Rocky Mountains.” .
Friday 2 September 2011
Penguins - Red Wings Stanley Cup games provide boost for hotels, restaurants - Houston Business Journal:
bacijaxymu.wordpress.com
According to VisitPittsburgh, each home game between the and the Detroit Red Winges brings anestimated $4.9 millionh in economic impact, whether its from hotek stays, meals at restaurants or other spending. A number of hoteles are fully booked, includinb the Omni William Penn, which hosts the NHL’s the , with the caveaft that it always sells out Tuesdays and Wednesdayws anyway tobusiness travelers, and the . Tom the general manager for the Westi n ConventionCenter Hotel, located Downtown, describes the added boost of Stanley Cup-relatedx guests. “We would’ve been busy but we wouldn’g have been selling out,” he said.
“Thisa has allowed us to fill up the entire hotel, all 616 rooms.” Martini and other hote operators emphasized the added jolt of unexpected business comex during an otherwise down year from hotell business following a strong 2008, whichb also featured a Penguins-Red Wings Stanlehy Cup that was lost by Pittsburgh’zs favorite flightless birds. Bob the area director of saled and marketing for saidthe NFL’s coterie of league officials, alongy with media, has broughg an increase in occupancy beyond the two game days, comparable to the businessw generated from a strong home playofrf run by the , although not toppingv it.
“It’s not to the degree of probablh theAFC championship, but it’s still greaf business for us,” he said. “It’s selling us out.” The stor is a little more complicated for locak restaurantsand bars. John owner of The Common Plea, locatedc downtown, estimated the restaurant has seen a 25 percent increasd when the Penguins are playing playoff games in But when the team isplayingg away, the hockey fan dinera stay away. “We’ve seen increaseds when they’re here,” said Barsotti, who estimated his 2009 businessx is up by 25 percent overlast year, despitre the recession.
“But on the opposit e page, we see a little bit of a decrease when they go out of Chris Dilla, owner of Bocktown Beer and Grill, in Nortjh Fayette, said it can be trickg for her operation to jump from a busy nightg of a hockey game to extra slow nights when there isn’ty one. She expects that plenty of customersz are struggling to go the distance withthe seven-gamr series. “It’s hard for the business becauserpeople don’t have the money to be out every other night,” she said. “Itr tends to be that people who watcnh the playoffs really have to watchtheifr pennies.
”
According to VisitPittsburgh, each home game between the and the Detroit Red Winges brings anestimated $4.9 millionh in economic impact, whether its from hotek stays, meals at restaurants or other spending. A number of hoteles are fully booked, includinb the Omni William Penn, which hosts the NHL’s the , with the caveaft that it always sells out Tuesdays and Wednesdayws anyway tobusiness travelers, and the . Tom the general manager for the Westi n ConventionCenter Hotel, located Downtown, describes the added boost of Stanley Cup-relatedx guests. “We would’ve been busy but we wouldn’g have been selling out,” he said.
“Thisa has allowed us to fill up the entire hotel, all 616 rooms.” Martini and other hote operators emphasized the added jolt of unexpected business comex during an otherwise down year from hotell business following a strong 2008, whichb also featured a Penguins-Red Wings Stanlehy Cup that was lost by Pittsburgh’zs favorite flightless birds. Bob the area director of saled and marketing for saidthe NFL’s coterie of league officials, alongy with media, has broughg an increase in occupancy beyond the two game days, comparable to the businessw generated from a strong home playofrf run by the , although not toppingv it.
“It’s not to the degree of probablh theAFC championship, but it’s still greaf business for us,” he said. “It’s selling us out.” The stor is a little more complicated for locak restaurantsand bars. John owner of The Common Plea, locatedc downtown, estimated the restaurant has seen a 25 percent increasd when the Penguins are playing playoff games in But when the team isplayingg away, the hockey fan dinera stay away. “We’ve seen increaseds when they’re here,” said Barsotti, who estimated his 2009 businessx is up by 25 percent overlast year, despitre the recession.
“But on the opposit e page, we see a little bit of a decrease when they go out of Chris Dilla, owner of Bocktown Beer and Grill, in Nortjh Fayette, said it can be trickg for her operation to jump from a busy nightg of a hockey game to extra slow nights when there isn’ty one. She expects that plenty of customersz are struggling to go the distance withthe seven-gamr series. “It’s hard for the business becauserpeople don’t have the money to be out every other night,” she said. “Itr tends to be that people who watcnh the playoffs really have to watchtheifr pennies.
”
Subscribe to:
Posts (Atom)