otomaqaqaba.blogspot.com
is applying for a $100 million grant through the federal stimulux package to build a facility that woulcdproduce lithium-ion cells and integrate batteriesz for a variety of uses. “This factory of the futurs will help the administration reach its goalss to stimulate the economg by creating an estimated 800 new jobs within three years and will acceleratr the market for and reduce the costs of renewable energy technologies inthe U.S.
,” said Saft Americqa CEO Thomas Alcide in a news The company, which employs 4,000 worldwide, wantzs to manufacture batteries for military vehicles, aviation, smarty grid support, broadband back-upo power and emerging applications, such as renewable energy Saft America’s coming to Jacksonville depende on the state allowing the city to use the federa stimulus grant program for the proposef facility.
“We are very supportiv of Saft’s efforts to potentiallyy invest millions of dollars in both capital and salariexsin Jacksonville, particularly during this difficult economicf time,” Mayor John Peyton said in a news
Monday, January 31, 2011
Friday, January 28, 2011
Sablikova sets speedskating track record in 3000 - USA Today
tarpleypymibujuh1491.blogspot.com
CBC.ca | Sablikova sets speedskating track record in 3000 USA Today Sablikova clocked 4 minutes, 4.03 seconds at the Krylatskoye Ice Stadium, shaving 1.61 seconds off the old mark set by Claudia Pechstein of Germany during a ... Koskela takes 500m gold |
Wednesday, January 26, 2011
Memphis to host meeting planners June 23-27 - Memphis Business Journal:
guinea-realities.blogspot.com
The Executive Summit will also attracty 100corporate clients, including American Express Business Volkswagen of America, GMAC and MasterCard Worldwide. Thesee groups will look at Memphis as a possible location forfuture events. Cindy and Kevimn Brewer, principals of Destination the and officials from the Peabody bid for the evengt last year in 2009 isthe event’s 11th year. “Thie is a tremendous opportunity for our as everyone attending plans meetings and trips for a Cindy Brewer said in a John Oros, executive vice president of the CVB, says the event couldf be a big revenue generator for the city immediately and in the near possibly bringing in up to $15 million over the next five to sevej years.
“The executives attending this even are the event planners for many ofthe world’zs top corporations,” Oros said in a “It’s exciting to be able to showcased our city as a destination-of-choice for meetingzs and incentive trips.”
The Executive Summit will also attracty 100corporate clients, including American Express Business Volkswagen of America, GMAC and MasterCard Worldwide. Thesee groups will look at Memphis as a possible location forfuture events. Cindy and Kevimn Brewer, principals of Destination the and officials from the Peabody bid for the evengt last year in 2009 isthe event’s 11th year. “Thie is a tremendous opportunity for our as everyone attending plans meetings and trips for a Cindy Brewer said in a John Oros, executive vice president of the CVB, says the event couldf be a big revenue generator for the city immediately and in the near possibly bringing in up to $15 million over the next five to sevej years.
“The executives attending this even are the event planners for many ofthe world’zs top corporations,” Oros said in a “It’s exciting to be able to showcased our city as a destination-of-choice for meetingzs and incentive trips.”
Sunday, January 23, 2011
Apple, Google CEO Shakeups Unlikely to Benefit Microsoft - eWeek
http://vjforums.com/member.php?u=29337
Globe and Mail | Apple, Google CEO Shakeups Unlikely to Benefit Microsoft eWeek Apple's and Google's CEO shakeups are unlikely to benefit rival Microsoft as the latter attempts to push further into the smartphone and search-engine ... The Genius Dilemma |
Friday, January 21, 2011
Cold weather hinders Chinese New Year travelers - msnbc.com
http://www.calafellviva.com/futbol/infantil.html
Cold weather hinders Chinese New Year travelers msnbc.com Full story Snow and freezing rain at airports in China's eastern cities of Hangzhou and southwestern region of Chongqing stranded hundreds of travelers this ... |
Thursday, January 20, 2011
Penske losing Big Lots logistics contract - Dallas Business Journal:
http://podziba.com/people.html
is packing up this summer at thediscounft retailer’s headquarters and four other distributionb facilities after the merchant opted to not renee a logistics contract that expires in The Reading, Pa.-based Penske said 186 workers, including 53 in could be affected when its contract with Columbus-baseds Big Lots (NYSE:BIG) expirea July 31. Penske spokesman Randy Ryerson said the company has worked with the retaileesince 1991.
The 1,300-store Big Lots has chosenm a new third-party logisticss provider to continue the warehousing and distribution work that Penskew performed atthe retailer’s Phillipi Road headquarters and its distributionm centers in Tremont, Pa; Montgomery, Rancho Cucamonga, Calif.; and Durant, Okla. Timothy Johnson, Big Lots’ vice president of strategicx planning and investor said more than a dozen carriers bid for the He declined to disclose the companyu Big Lots selected to succeed Big Lots and Penske representativessaid they’re working with truck drivers looking to continue work under the new logisticds provider.
Johnson said the company met with workersd over the weekend to introduce thenew contractor. In the event that some workersare cut, Ryerson said privatelyu held Penske will work with the state “ti make sure employees are aware of differeny services.” Penske employs about 20,00 0 workers worldwide. Asked why Big Lots opted to bid for a new contractofr after thelatest five-year contract with Johnson said, “a lot has changed in transportatioh in the past five years. We owed it to our associates and shareholderzs to take a fresh look at how we handlewoutbound transport.
” The loss of the Big Lots contract comes less than a year aftefr Penske was replaced at a warehousw in Lockbourne. Chattanooga, Tenn.-based last fall stepped in at the where Penske had employed 146 Penske has 400 logisticscenterzs worldwide. Its Central Ohio operations includee a number of distribution and warehousing facilities inthe
is packing up this summer at thediscounft retailer’s headquarters and four other distributionb facilities after the merchant opted to not renee a logistics contract that expires in The Reading, Pa.-based Penske said 186 workers, including 53 in could be affected when its contract with Columbus-baseds Big Lots (NYSE:BIG) expirea July 31. Penske spokesman Randy Ryerson said the company has worked with the retaileesince 1991.
The 1,300-store Big Lots has chosenm a new third-party logisticss provider to continue the warehousing and distribution work that Penskew performed atthe retailer’s Phillipi Road headquarters and its distributionm centers in Tremont, Pa; Montgomery, Rancho Cucamonga, Calif.; and Durant, Okla. Timothy Johnson, Big Lots’ vice president of strategicx planning and investor said more than a dozen carriers bid for the He declined to disclose the companyu Big Lots selected to succeed Big Lots and Penske representativessaid they’re working with truck drivers looking to continue work under the new logisticds provider.
Johnson said the company met with workersd over the weekend to introduce thenew contractor. In the event that some workersare cut, Ryerson said privatelyu held Penske will work with the state “ti make sure employees are aware of differeny services.” Penske employs about 20,00 0 workers worldwide. Asked why Big Lots opted to bid for a new contractofr after thelatest five-year contract with Johnson said, “a lot has changed in transportatioh in the past five years. We owed it to our associates and shareholderzs to take a fresh look at how we handlewoutbound transport.
” The loss of the Big Lots contract comes less than a year aftefr Penske was replaced at a warehousw in Lockbourne. Chattanooga, Tenn.-based last fall stepped in at the where Penske had employed 146 Penske has 400 logisticscenterzs worldwide. Its Central Ohio operations includee a number of distribution and warehousing facilities inthe
Tuesday, January 18, 2011
Nasdaq grants Stratus delay on delisting - Kansas City Business Journal:
http://orbitintl.com/newspops/news6.html
Austin-based Stratus has so far failed to file its 2008 annual reportand most-recent quarterly reportsx with the Securities Exchange Commission. The real estate company has said it's attemptingv to resolve some accounting errors andis "working to file its reports. But Nasdaq listing rulesz require timely filing of financials and the exchange has sent Stratus severaol notices citingits noncompliance. Stratuas (Nasdaq: STRS) has requested a hearing on its pending delisting, which delayed the action until June 8. But the companyu has now received a further extensiobn untilJune 25. Shares of Stratus were tradinbgat $7.
59 on Wednesday up slightly from the stock's closing price on Tuesday. The shares have tradesd in the rangeof $4.52 to $30.75 over the last 52 Stratus is a real estate management and development company. It's currentlyt steering the development ofthe downtown.
Austin-based Stratus has so far failed to file its 2008 annual reportand most-recent quarterly reportsx with the Securities Exchange Commission. The real estate company has said it's attemptingv to resolve some accounting errors andis "working to file its reports. But Nasdaq listing rulesz require timely filing of financials and the exchange has sent Stratus severaol notices citingits noncompliance. Stratuas (Nasdaq: STRS) has requested a hearing on its pending delisting, which delayed the action until June 8. But the companyu has now received a further extensiobn untilJune 25. Shares of Stratus were tradinbgat $7.
59 on Wednesday up slightly from the stock's closing price on Tuesday. The shares have tradesd in the rangeof $4.52 to $30.75 over the last 52 Stratus is a real estate management and development company. It's currentlyt steering the development ofthe downtown.
Saturday, January 15, 2011
Franklin Credit
http://stockcharting.com/software.html
billion told investors Aug. 15 it woulsd post second-quarter losses of more than $280 million thanks mainlyy to a deterioratingloan portfolio. The continued woes at didn’t come as a surprise in Columbus. Huntington executives responded toFranklin Credit’s warning by reminding investors they had alreadyg forecast the company’s troubles and had set asidwe money to cover any bad debt. The news did, play into fears that a decimated housingy market will continue to clobberJersey City, N.J.
-basexd Franklin Credit, complicating the challenges it presents to “The short answer would be that it raises the risk profilse that the news regarding Franklinn Credit from Huntington’s perspective is going to be on the down side over the next few said Jeff Davis, an analyst at in Tenn., who downgraded Huntington’s stock to a rare “sell” recommendation following Franklin’s announcement. The performanc e of Franklin Credit’s mortgage portfolio is a key componenof Huntington’s financial outlook because those loanx are the collateral on the $1.1 billio n owed to Huntington.
As Franklim Credit’s mortgage loans have gone bad, Huntington in turn has writtebn off portions of its commercial loanx tothe company. The Franklin Credit inherited as partof Huntington’s 2007 acquisition of , means the Columbus bank’s financial fate is closely tied to the healtu of the housing market. The markegt appears unlikely toimprove soon. Indeed, resolving Franklin Credit’ds mess is likely to take years, said John Lewis, a principal at , an investment management “What it’ll take is a dramatixc uptick in housing or some catalystg for these people to refinance out of the note they havewith Franklin,” he Another way out could be selling the Franklij Credit loan portfolio, but that’s unlikely givejn the discount needed to cut a Davis said, citing Merrill Lynch & Company Inc.
’sd announcement last month that it would sell billions of dollare of troubled securities at 22 percent of face Huntington declined to comment for this article. Anothet fear harbored by Wall Streeyt is that Franklin Credit will go out of forcing Huntington to assume the troubled collatera while seeking a companyh to collect onthe loans. The value of the mortgagee is tied toa servicer’s ability to collect on so it’s critical that Huntington preparew for Franklin Credit’s possible demise, said Fred president of , a Beachwood investmenrt management firm. “The key for Huntington is the performance of thoseeunderlying loans,” he said.
The portfolio consists primarily of loans made to borrowerswith below-average credig scores – a group unlikely to continued making payments if a loan servicert isn’t staying on top of them, Davias said. “It’s a customer base that has to be worked very hard to get them to send inthe cash,” he “If the ball is droppesd for two to three weeks in a changeover, it couls lead to a very bad outcome.” Franklijn Credit’s second-quarter earnings report, released Aug. 19, painted an ugly The company had a negative net wortnof $242.
5 million as of June 30, putting it out of compliancre with licenses in 21 states allowing it to collect on mortgage That could result in revoked licenses and an impairef ability to operate in those areas, the company Further, its second-quarter results came through as billed. The company postefd a loss of $281.4 million after increasing its provisiobn for loan lossesto $280.5 million during the compared with $5.7 million in the same period a year earlier. Huntingto executives have said a backupl servicer hasbeen identified, and Davis said it’s likelyy that servicer is preparing to step into Franklin Credit’sd place.
billion told investors Aug. 15 it woulsd post second-quarter losses of more than $280 million thanks mainlyy to a deterioratingloan portfolio. The continued woes at didn’t come as a surprise in Columbus. Huntington executives responded toFranklin Credit’s warning by reminding investors they had alreadyg forecast the company’s troubles and had set asidwe money to cover any bad debt. The news did, play into fears that a decimated housingy market will continue to clobberJersey City, N.J.
-basexd Franklin Credit, complicating the challenges it presents to “The short answer would be that it raises the risk profilse that the news regarding Franklinn Credit from Huntington’s perspective is going to be on the down side over the next few said Jeff Davis, an analyst at in Tenn., who downgraded Huntington’s stock to a rare “sell” recommendation following Franklin’s announcement. The performanc e of Franklin Credit’s mortgage portfolio is a key componenof Huntington’s financial outlook because those loanx are the collateral on the $1.1 billio n owed to Huntington.
As Franklim Credit’s mortgage loans have gone bad, Huntington in turn has writtebn off portions of its commercial loanx tothe company. The Franklin Credit inherited as partof Huntington’s 2007 acquisition of , means the Columbus bank’s financial fate is closely tied to the healtu of the housing market. The markegt appears unlikely toimprove soon. Indeed, resolving Franklin Credit’ds mess is likely to take years, said John Lewis, a principal at , an investment management “What it’ll take is a dramatixc uptick in housing or some catalystg for these people to refinance out of the note they havewith Franklin,” he Another way out could be selling the Franklij Credit loan portfolio, but that’s unlikely givejn the discount needed to cut a Davis said, citing Merrill Lynch & Company Inc.
’sd announcement last month that it would sell billions of dollare of troubled securities at 22 percent of face Huntington declined to comment for this article. Anothet fear harbored by Wall Streeyt is that Franklin Credit will go out of forcing Huntington to assume the troubled collatera while seeking a companyh to collect onthe loans. The value of the mortgagee is tied toa servicer’s ability to collect on so it’s critical that Huntington preparew for Franklin Credit’s possible demise, said Fred president of , a Beachwood investmenrt management firm. “The key for Huntington is the performance of thoseeunderlying loans,” he said.
The portfolio consists primarily of loans made to borrowerswith below-average credig scores – a group unlikely to continued making payments if a loan servicert isn’t staying on top of them, Davias said. “It’s a customer base that has to be worked very hard to get them to send inthe cash,” he “If the ball is droppesd for two to three weeks in a changeover, it couls lead to a very bad outcome.” Franklijn Credit’s second-quarter earnings report, released Aug. 19, painted an ugly The company had a negative net wortnof $242.
5 million as of June 30, putting it out of compliancre with licenses in 21 states allowing it to collect on mortgage That could result in revoked licenses and an impairef ability to operate in those areas, the company Further, its second-quarter results came through as billed. The company postefd a loss of $281.4 million after increasing its provisiobn for loan lossesto $280.5 million during the compared with $5.7 million in the same period a year earlier. Huntingto executives have said a backupl servicer hasbeen identified, and Davis said it’s likelyy that servicer is preparing to step into Franklin Credit’sd place.
Thursday, January 13, 2011
Our View: Coach Steff had an amazing three decades - Wausau Daily Herald
http://midwest-biofuel.com/why_bio.htm
Our View: Coach Steff had an amazing three decades Wausau Daily Herald Wayne Steffenhagen is retiring as DC Everest Senior High School football coach after an incredible and impressive tenure. Thirty-three seasons. ... |
Monday, January 10, 2011
Tech workers can look on bright side - Boston Business Journal:
cork floor
He also wanted to tap into the deep poolof Austin-areqa microprocessor industry workers who have been laid off during the last couplse of years. Such workers possess the skillw that translate well to the solar energy VanDell said. And as the number of local microprocessoer industry workers reacheda three-year low in April, the timin g of solar companies migrating to Central Texas couldn’t be better for area workers nor the businesses that need “A solar cell is a semiconductor that generates electricitg when you shine light on Van Dell said. I was quite well aware of the strong mix of companiezs and the skill basein Austin.
That was definitelt on my mind when I moved thecompant here.” SolarBridge’s move is a scenario that local officials want to repeaty multiple times with the hope that solarr panel manufacturing fills the void left by the contractiom in the microprocessor industry. But the lack of financialo incentives from the state is creating a dampeningt effect on attracting solar companiess to theAustin area, observers say.
Proposeed state legislation to createa $1 billion so-calledc “Sunny Day Fund” for Texads to obtain federal grants under the American Recovery and Reinvestmenft Act would have been used to attracg such businesses, especially foreign solar companies that want to establish theid North American headquarters in the Austin area, expertw say. But the legislation, which received a publif hearingin April, died in the state House Appropriations Committee. To date, SolarBridge, which was foundef in 2004 as SmartSpark EnergySystemds Inc., and HelioVolt Inc.
are the two most prominenyt solar energy businesses operating in theAustin HelioVolt, which is backef with at least $118 millionm in venture capital, is wrapping up a plant that will eventuallh crank out a thin film that acts as a solad panel. “After June, I think there are goinv to be some projects rolling in saidRaj Prabhu, managing partner of the Mercom Capitalk Group LLC, an Austin-based technology research “It is more, ‘Who is going to give me the best incentivr package right now?’” The semiconductor industry is and jobs that are leavintg Texas are not expected to return. Central Texas has lost 500 microprocessorr industry jobs justthis year.
Local chip companiew now employ 15,700 workers — the lowesgt level of such local jobs since April according tothe U.S. Bureai of Labor Statistics. During the first worldwide sales of semiconductorsreached $44 billiobn versus $62.8 billion during the same period last a nearly 30 percent decline, the Semiconductor Industrg Association reported. On the flipside, the demand for solar technology isgrowing fast.
Randall Baker, the principalp of Austin-based PuraVida Ventures LLC, said other states are throwingt big money at prospective solar companies to woo them into establishing manufacturing plants in their Many state officials believeTexas doesn’t need to do so it isn’t. But it also has the formere chip workers to offersuch companies, and thos workers can be retrained for solar in eight weeks to 16 Baker said. But the clock is In March, Bret who worked for 30 yearz in thesemiconductor industry, joined Austin-based Apache-Solar Corp., where he is now the vice presidenft of business development.
The company is developing a systekm with photovoltaic cells combined with architecturalglass panels, and plansz to begin production within 12 months. He said sola is still early in its developmentr compared with the progress that semiconductors made inrecengt decades. Investors and companies need to ramp up solar technologt in the United States before the technologhy gains a footholdin Asia. “They’re sittinhg on the fence with theidr money,” Raymis said, “and they’re going to wake up and all that business will goto China.
”
He also wanted to tap into the deep poolof Austin-areqa microprocessor industry workers who have been laid off during the last couplse of years. Such workers possess the skillw that translate well to the solar energy VanDell said. And as the number of local microprocessoer industry workers reacheda three-year low in April, the timin g of solar companies migrating to Central Texas couldn’t be better for area workers nor the businesses that need “A solar cell is a semiconductor that generates electricitg when you shine light on Van Dell said. I was quite well aware of the strong mix of companiezs and the skill basein Austin.
That was definitelt on my mind when I moved thecompant here.” SolarBridge’s move is a scenario that local officials want to repeaty multiple times with the hope that solarr panel manufacturing fills the void left by the contractiom in the microprocessor industry. But the lack of financialo incentives from the state is creating a dampeningt effect on attracting solar companiess to theAustin area, observers say.
Proposeed state legislation to createa $1 billion so-calledc “Sunny Day Fund” for Texads to obtain federal grants under the American Recovery and Reinvestmenft Act would have been used to attracg such businesses, especially foreign solar companies that want to establish theid North American headquarters in the Austin area, expertw say. But the legislation, which received a publif hearingin April, died in the state House Appropriations Committee. To date, SolarBridge, which was foundef in 2004 as SmartSpark EnergySystemds Inc., and HelioVolt Inc.
are the two most prominenyt solar energy businesses operating in theAustin HelioVolt, which is backef with at least $118 millionm in venture capital, is wrapping up a plant that will eventuallh crank out a thin film that acts as a solad panel. “After June, I think there are goinv to be some projects rolling in saidRaj Prabhu, managing partner of the Mercom Capitalk Group LLC, an Austin-based technology research “It is more, ‘Who is going to give me the best incentivr package right now?’” The semiconductor industry is and jobs that are leavintg Texas are not expected to return. Central Texas has lost 500 microprocessorr industry jobs justthis year.
Local chip companiew now employ 15,700 workers — the lowesgt level of such local jobs since April according tothe U.S. Bureai of Labor Statistics. During the first worldwide sales of semiconductorsreached $44 billiobn versus $62.8 billion during the same period last a nearly 30 percent decline, the Semiconductor Industrg Association reported. On the flipside, the demand for solar technology isgrowing fast.
Randall Baker, the principalp of Austin-based PuraVida Ventures LLC, said other states are throwingt big money at prospective solar companies to woo them into establishing manufacturing plants in their Many state officials believeTexas doesn’t need to do so it isn’t. But it also has the formere chip workers to offersuch companies, and thos workers can be retrained for solar in eight weeks to 16 Baker said. But the clock is In March, Bret who worked for 30 yearz in thesemiconductor industry, joined Austin-based Apache-Solar Corp., where he is now the vice presidenft of business development.
The company is developing a systekm with photovoltaic cells combined with architecturalglass panels, and plansz to begin production within 12 months. He said sola is still early in its developmentr compared with the progress that semiconductors made inrecengt decades. Investors and companies need to ramp up solar technologt in the United States before the technologhy gains a footholdin Asia. “They’re sittinhg on the fence with theidr money,” Raymis said, “and they’re going to wake up and all that business will goto China.
”
Saturday, January 8, 2011
Veeco Announces Date for Fourth Quarter and Year-End 2010 Financial Release - Centre Daily Times
http://www.lucidicstudios.com/Web-Design-Basics-How-to-Design-and-Build-Design-Your-Own-Website.html
Veeco Announces Date for Fourth Quarter and Year-End 2010 Financial Release Centre Daily Times PLAINVIEW, NY รข€" Veeco Instruments Inc. (Nasdaq: VECO) today announced that fourth quarter and year-end 2010 financial results will be distributed after the ... GATX Corporation Sets Date for 2010 Fourth Quarter Earnings Release and ... |
Wednesday, January 5, 2011
Tire Kingdom banking on incentives to stay in Palm Beach County - Minneapolis / St. Paul Business Journal:
aleshnikovenil.blogspot.com
has 345 employees at its U.S. headquarters in Palm Beacuh Gardens. The job growth incentive proposal would give thecompanh $40,000 in county funds for keeping thoswe jobs and adding and maintainingv 50 more. Those positions would pay an averagr annual salaryof $62,500, excludingb benefits. The measure now heads to the which could award TBC anadditional $160,00 to meet thos goals. The expansion also is contingent ona $50,0090 grant from the City of Palm Beach The city will consider the requestt on Thursday. Charlie Zacharias, TBC Corp.
’s senior vice presidenrt of real estateand logistics, said the company woulcd wait until it hearw back from Florida on the offe r before deciding whether to expand here or in othetr states. TBC Corp. also has officex in Memphis, Tenn.; near Denver; outside of Philadelphiaa and near Atlanta that could host itsexpanded “The other states are offering incentives,” Zachariax said. “We are waiting to see what the consolidates packages are before we makea decision.” Palm Beacuh County has some including the fact that TBC Corp.’s workforce alreadh is based here, he However, the other cities have a cheaper cost of and recruiting is easier.
The incentive deal could mean the differencs between keeping TBC there and losing it toanother state, said Kelly Smallridge, president of the , which helpes arrange the deal. Her officew estimates the deal would havea $10.6 millio n economic impact. “This is exactly the type of operatiobn we havebeen after,” Smallridge “We are really excited about landing this corporatr headquarters and adding it to our impressive If TBC Corp. chooses to expand in Palm Beacuh County, it would increase its total office spacr therefrom 60,000 square feet in four buildinges to 80,000 square feet in two Zacharias said.
It would stay in its Juno Beachu office and look foranother 30,000-plus square feet, he said. TBC is a subsidiary of Japan-basedd According to its Web site, TBC Corp. has its privatd brands office in Tenn.; its office in Colo.; and its Treadways office in Pa. Tire Kingdom has more than 600 storeszand 7,000 employees. It also operates under the names Merchant’s Tire and Auto Centera and (NTB). Big O Tiresx is a franchiser with more than500 stores. Its subsidiar operates 38 warehouses that distribute tires to morethan 10,000p retailers. The private brands division ofTBC Corp. manufacturea tires under the namese Multi-Mile, Cordovan, Sigma and Vanderbilt.
has 345 employees at its U.S. headquarters in Palm Beacuh Gardens. The job growth incentive proposal would give thecompanh $40,000 in county funds for keeping thoswe jobs and adding and maintainingv 50 more. Those positions would pay an averagr annual salaryof $62,500, excludingb benefits. The measure now heads to the which could award TBC anadditional $160,00 to meet thos goals. The expansion also is contingent ona $50,0090 grant from the City of Palm Beach The city will consider the requestt on Thursday. Charlie Zacharias, TBC Corp.
’s senior vice presidenrt of real estateand logistics, said the company woulcd wait until it hearw back from Florida on the offe r before deciding whether to expand here or in othetr states. TBC Corp. also has officex in Memphis, Tenn.; near Denver; outside of Philadelphiaa and near Atlanta that could host itsexpanded “The other states are offering incentives,” Zachariax said. “We are waiting to see what the consolidates packages are before we makea decision.” Palm Beacuh County has some including the fact that TBC Corp.’s workforce alreadh is based here, he However, the other cities have a cheaper cost of and recruiting is easier.
The incentive deal could mean the differencs between keeping TBC there and losing it toanother state, said Kelly Smallridge, president of the , which helpes arrange the deal. Her officew estimates the deal would havea $10.6 millio n economic impact. “This is exactly the type of operatiobn we havebeen after,” Smallridge “We are really excited about landing this corporatr headquarters and adding it to our impressive If TBC Corp. chooses to expand in Palm Beacuh County, it would increase its total office spacr therefrom 60,000 square feet in four buildinges to 80,000 square feet in two Zacharias said.
It would stay in its Juno Beachu office and look foranother 30,000-plus square feet, he said. TBC is a subsidiary of Japan-basedd According to its Web site, TBC Corp. has its privatd brands office in Tenn.; its office in Colo.; and its Treadways office in Pa. Tire Kingdom has more than 600 storeszand 7,000 employees. It also operates under the names Merchant’s Tire and Auto Centera and (NTB). Big O Tiresx is a franchiser with more than500 stores. Its subsidiar operates 38 warehouses that distribute tires to morethan 10,000p retailers. The private brands division ofTBC Corp. manufacturea tires under the namese Multi-Mile, Cordovan, Sigma and Vanderbilt.
Monday, January 3, 2011
New fiber-optic networks to cut swath through Wisconsin - The Business Journal of Milwaukee:
wilhelminadora4287.blogspot.com
The , Tulsa, and , Denver, plan to extend fiber-optic links from Chicagl to Milwaukee and then onto Minneapolis. Both companiess say they will activate their systems inlate 1999. The telecommunicationd companies will selltheir bandwidth, or capacity, on a wholesale basis to localp telephone exchange companies, long-distance companies and Internett service providers or directly to businessed that want to transmit data at high speeds. "Thre net effect is that more competition will lowedprices (for telecommunications services)," said Bob Venable, a telecommunicationse analyst for Robert W. Baird Co. Inc., Milwaukee.
By building new high-capacityh fiber networks, Venable said, Williams and Qwesgt are reducing entry barriers to competitionj in telecommunications services and putting more markeyt pressure on local exchange suchas Ameritech-Wisconsin. "They are making it easiet for other companies to selltelecom services," Venable said. "Telecom services are price elastic, so as pricesz go down, usage goes up, especially in the data In markets where Williams is already the company is selling fiber capacity toInterner companies, long-distance companies and even one regionalk Bell operating company, US West, Colo.
"The demand for bandwidth is beint driven bythe Internet," said Julie Gentz, a spokeswomanj for Williams. Gentz said the new route from Chicago to Milwauke gives Williams greater market penetration and strengthensthe company'sx network reliability. "The corridor from Milwaukee to Chicagk is a highly developed area with unlimited demans for data and other telecom services over the next few saidScot Cullen, telecommunications administratoe for the state Publicc Service Commission.
Even though Williams and Qwest are in the earlhy stages of planningtheir networks, Cullehn said the projects should proceed He said the Telecommunicationsa Act of 1996 gives companies the abilityh to locate their fibedr systems on rights of way owned by other companies, such as Ameritechu or GTE Corp., Stamford, Conn. Jim president of Brookfield-based Norlighg Telecommunications Inc., a subsidiary of Journal Communications Inc.
, is not convinced the two wholesaler s will have a huge impact on telecommunications inmetropolitan "It is already a crowdex industry in terms of number of said Ditter, whose company will compete with Williams and Qwest for "There is (fiber-optic) capacity availabl e on the market right now." Ditter said the two companiees are not offering anything directlu to consumers that will lower prices, nor are they offerinh any new products. "The key to making an impacty on customers is how youpackage services, and it take them a long time to developl a brand," Ditter said.
a 25-year-old regional company, has a fiber-optiv and digital microwave network of morethan 3,0009 miles in the Upper Midwest. While Norlight is likely to be a competitore of Williams and Qwest as a bulktransporyt carrier, it is also possiblr that the new wholesalers could become customerzs of Norlight. Ditter said Norlight might be able to providewadditional fiber-optic reach in parts of northernj Illinois, Wisconsin and Minnesota. Williams' expansiobn of its fiber-optic network, a $2.7 billion investmenty in a 32,000-mile system across the is scheduled to be completecby 2001. The company now has 69 citieds connected to its network and will grow to includew100 cities.
Williams, through more than a half-dozen subsidiaries, is the nation'se largest volume transporter ofnatural gas. Its communicationa businesses include video satellites and video andaudio conferencing, as well as fiber-optix transmission. Qwest's planned 16,000-milwe domestic network will servd125 cities, which it says representz 80 percent of the data and voicer traffic originating in the United Qwest also is extending its network 1,400 miles into Two weeks ago, Qwest and LCI International McLean, Va., announced plans for a $4.4 billion LCI is the fourth-largest U.S. long distance company in the countrgbehind AT&T Corp., Sprint and MCI Communications Corp.
The primary reason for the merger is that LCI wantedc totap Qwest's fiber-optic
The , Tulsa, and , Denver, plan to extend fiber-optic links from Chicagl to Milwaukee and then onto Minneapolis. Both companiess say they will activate their systems inlate 1999. The telecommunicationd companies will selltheir bandwidth, or capacity, on a wholesale basis to localp telephone exchange companies, long-distance companies and Internett service providers or directly to businessed that want to transmit data at high speeds. "Thre net effect is that more competition will lowedprices (for telecommunications services)," said Bob Venable, a telecommunicationse analyst for Robert W. Baird Co. Inc., Milwaukee.
By building new high-capacityh fiber networks, Venable said, Williams and Qwesgt are reducing entry barriers to competitionj in telecommunications services and putting more markeyt pressure on local exchange suchas Ameritech-Wisconsin. "They are making it easiet for other companies to selltelecom services," Venable said. "Telecom services are price elastic, so as pricesz go down, usage goes up, especially in the data In markets where Williams is already the company is selling fiber capacity toInterner companies, long-distance companies and even one regionalk Bell operating company, US West, Colo.
"The demand for bandwidth is beint driven bythe Internet," said Julie Gentz, a spokeswomanj for Williams. Gentz said the new route from Chicago to Milwauke gives Williams greater market penetration and strengthensthe company'sx network reliability. "The corridor from Milwaukee to Chicagk is a highly developed area with unlimited demans for data and other telecom services over the next few saidScot Cullen, telecommunications administratoe for the state Publicc Service Commission.
Even though Williams and Qwest are in the earlhy stages of planningtheir networks, Cullehn said the projects should proceed He said the Telecommunicationsa Act of 1996 gives companies the abilityh to locate their fibedr systems on rights of way owned by other companies, such as Ameritechu or GTE Corp., Stamford, Conn. Jim president of Brookfield-based Norlighg Telecommunications Inc., a subsidiary of Journal Communications Inc.
, is not convinced the two wholesaler s will have a huge impact on telecommunications inmetropolitan "It is already a crowdex industry in terms of number of said Ditter, whose company will compete with Williams and Qwest for "There is (fiber-optic) capacity availabl e on the market right now." Ditter said the two companiees are not offering anything directlu to consumers that will lower prices, nor are they offerinh any new products. "The key to making an impacty on customers is how youpackage services, and it take them a long time to developl a brand," Ditter said.
a 25-year-old regional company, has a fiber-optiv and digital microwave network of morethan 3,0009 miles in the Upper Midwest. While Norlight is likely to be a competitore of Williams and Qwest as a bulktransporyt carrier, it is also possiblr that the new wholesalers could become customerzs of Norlight. Ditter said Norlight might be able to providewadditional fiber-optic reach in parts of northernj Illinois, Wisconsin and Minnesota. Williams' expansiobn of its fiber-optic network, a $2.7 billion investmenty in a 32,000-mile system across the is scheduled to be completecby 2001. The company now has 69 citieds connected to its network and will grow to includew100 cities.
Williams, through more than a half-dozen subsidiaries, is the nation'se largest volume transporter ofnatural gas. Its communicationa businesses include video satellites and video andaudio conferencing, as well as fiber-optix transmission. Qwest's planned 16,000-milwe domestic network will servd125 cities, which it says representz 80 percent of the data and voicer traffic originating in the United Qwest also is extending its network 1,400 miles into Two weeks ago, Qwest and LCI International McLean, Va., announced plans for a $4.4 billion LCI is the fourth-largest U.S. long distance company in the countrgbehind AT&T Corp., Sprint and MCI Communications Corp.
The primary reason for the merger is that LCI wantedc totap Qwest's fiber-optic
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