Tuesday, July 31, 2012

BIC completes buy-out of Norwood Promotional Products - San Antonio Business Journal:

fixyruw.wordpress.com
million in assumed liabilities. The acquired company will now do businesws as Norwood PromotionalProducts LLC. It will operate as a whollyu owned subsidiary of Norwood President Paul Lage releasex a statement Monday followingthe closing. “Norwoo and BIC are similarly alignedin mission, valuesz and culture,” he said. “We look forward to the new opportunities afforded bytheir ownership.” Norwood manufacture nearly 5,000 imprinted promotionak products.
Some of the company’s products include awards, outdoor calendars, planners, promotional pens and Norwood’s San Antonio plant at 5335 Castroville Road manufactures a wide range ofpromotional products, includin g koozies, caps, backpacks, glasses and Margit Fawbush, a spokeswoman for Norwood, says the companyt does not expect any majord changes in employment undeer the new ownership. Norwood is based in Indianapoli andemploys 1,800 employees in the United Statews and Canada. Norwood has 444 workers in San The company traces its origind back to 1973 as the RadioCap Co. BIC Graphic USA, basede in Clearwater, Fla.
, also manufactures custom product s for the promotional products The company is a division of BICUSA Inc.

Sunday, July 29, 2012

Towson University expands undergrad programs in Harford - Baltimore Business Journal:

vuwodu.wordpress.com
By next fall, the university will offedr anundergraduate bachelor's degree program in elementary educationn and special education at the University officials are working to recruit aboutr 15 to 20 students for its first Since 1995, Towson University has offered graduate programsz and continuing education courses at the HEAT a workforce development facility managed by the community college. But the undergraduatwe program is a first for the university at the Harford Community College also offers associat e of arts degrees in theteachinv field.
The program is beinh offered as part of an effort to meet the growintg future needs ofHarford County, expected to be impacted by the thousandsx of new jobs and familiesz coming to the state from military changesa at Aberdeen and Fort Georgre G. Meade in Anne Arundell County proposed by the federal Base Realignment andClosurw Commission, also known as BRAC. Harford's public school systemn is listed among the top school systems in Maryland facing criticaolteacher shortages, according to the . Higher educatiomn leaders said the changes at Aberdeeb will be a challenge forthe county's schools.
"Thias is part of the ripple effectr that is coming toHarford County," said Kareb Blair, assistant dean of the College of Education at Towson University. "With additional peopled moving intothe area, we will need more teachers." Blair said students entering the program at the centedr will complete their internships and student teachingt at schools in Harford and nearby Cecikl County.
In its first few most of the students in the program will come from associate degree programs already offered at the But the influx of new residents to the area from BRAC realignments could also give the program a new poolof

Saturday, July 28, 2012

Seattle mayor wants to end employee head tax - Nashville Business Journal:

houghtalingbaemo1268.blogspot.com
Nickels proposed the $25-per-employee tax in 2006 as one of thre e elements of a package to fund local street repair andadd sidewalks, bicycle laneas and other features. Repealing it woulds reduce funding forthe “Bridging the Gap” prograkm by about $4.7 million. “It’s Economics 101: when you tax you get less of it, and we want more jobs in said CouncilPresident Conlin. Reaction from the business communitygwas swift.
“This tax represents an ‘unwelcomde mat’ for business, and it’s past time that the city rolleit up,” said Kate president of the , which opposed the tax from the “Taxing new employees in Seattle sends the wron g message to businesses looking to grow and businessess looking to relocate to our city,” she said. The also supported the repeal. “It sends a clear message that electe officials are targeting specific actions to retainm and createa job-growinyg economy,” said Chamber President CEO Phil Bussey.
“Wee applaud Mayor Nickels and Councilmembers Burgess and Conlimn for their leadership and will be workinv with council to seeit through.” The employee head tax has becom e a hot issue in this year’s At a recent Downtown Seattle Association candidate forum, many candidates talked about repealing the tax. It’s also a relativelu easy target. The employee head tax, which appliez only to employees who drive to work most of the has been bringing in less moneythan Meanwhile, the commercial parking tax, which will increased to 10 percent on July 1, has been bringingg in more money than And a nine-year, $365 million property tax levy remains in

Friday, July 27, 2012

Jones Graduate School gets new name - Houston Business Journal:

ysynut.wordpress.com
Previously the school was called theJesse H. Joneas Graduate School of Management. In conjunction with the name the school will create a new logo that incorporates the Rice Universitty nameand shield. Through research, the graduate school said it foundd that most top MBA programs used the term ratherthan “management,” and that people performing onlinde searches to find the school were usingb the term “business.
” “Ths update in the Jones School’s name and graphic identitg better reflects our associatiohn with Rice University and provides clearerd branding for the Jones School’s excitintg programs and initiatives,” Bill Glick, dean of the Jone s School, said in a statement. “Everyone alreadg knows us as abusiness school. The designation in our new name better captures the breadt of ourcurrent offerings.” In addition, a new Web site will launcjh in August. Other changes for the school includd adding a weekendMBA program.

Wednesday, July 25, 2012

Adequate cottonseed available for sowing, says national body - Hindu Business Line

yfimuna.wordpress.com


Hindu Business Line


Adequate cottonseed available for sowing, says national body

Hindu Business Line


With several States blaming the seed companies for shortage of seeds, the National Seeds Association of India (NSAI) has asserted that the cottonseed supply is adequate to take care of kharif needs. Maharashtra and Andhra Pradesh flayed seed firms for ...


NSAI supports seed companies, says adequate supply of seeds

Economic Times



 »

Tuesday, July 24, 2012

European Commission Wants Answers On Net Neutrality - TechWeekEurope UK

inufyw.blogspot.com


The Next Web (blog)


European Commission Wants Answers On Net Neutrality

TechWeekEurope UK


The European Commission has launched its second consultation on net neutrality, with the aim of collecting more specific information on the issue, following an investigation that found European network providers frequently restrict services such as ...


Net neutra lity: EU puts spotlight on fairness ahead of policy change

ZDNet (blog)


European Commission Consults Public on Net Neutrality

PCWorld


Speak up: The EU Commission wants to know your thoughts on Net Neutrality

The Next Web (blog)


The Verge -W »

Sunday, July 22, 2012

Sangakkara's ton in vain for Sri Lanka - Yahoo! Eurosport UK

yjanebixe.wordpress.com


Sangakkara's ton in vain for Sri Lanka

Yahoo! Eurosport UK


Newcastle v Fenerbahce: LIVE - Newcastle United take on Fenerbahce in a pre-season match in Ritzing, Austria. http://t.co/RMhaxkVb · 44 mins ago · Reply Retweet Favorite. SPL - Everton 'close' to Pienaar return - David Moyes revealed he is "much closer ...



Saturday, July 21, 2012

The Bachelorette: Does Emily Make A Choice? - TVGrapevine.com

ogarawo.wordpress.com


The Bachelorette: Does Emily Make A Choice?

TVGrapevine.com


TVGrapevine Forum; â†' Pages; â†' Articles; â†' Big Brother 14; â†' Article: The Bachelorette: Does Emily Make A Choice? Javascript Disabled Detected. You currently have javascript disabled. Several functions may not work. Please re-enable javascript to ...



and more »

Friday, July 20, 2012

FOREX-Euro dips on worries about Spain, seen pressured on crosses - Reuters

ovaluleq.wordpress.com


FOREX-Euro dips on worries about Spain, seen pressured on crosses

Reuters


Euro stuck near record low vs Australian dollar. * Falls in short-term rates, negative yields, weigh on euro. * Dollar/yen supported by short-covering. By Masayuki Kitano. SINGAPORE, July 20 (Reuters) - The euro fell against the dollar and hovered near ...



and more »

Wednesday, July 18, 2012

Avon foundation awards $870K to Columbia biotech - San Francisco Business Times:

efimtsovavadan.blogspot.com
Leaders of , a firm researching and developing tests to screeb forbreast cancer, said the New York-basec 's grant, which will be given over the next two will help expand the studgy of a potentially new screening test for breast cancef already under way at the , "We are turning the corner from researchn and development to a productf company," said Ginette Serrero, CEO of A&G. "We want to get to a phass of havinga product." Serrerok said the company planas to use the funding, along with some of its own on additional clinical trials of the diagnostivc test. The expanded trial could involve several cancer centerds inthe area.
Earlier this the company, which employs 18, received $2.2 million in fundintg from venture capital. Founded in 2000, A&G has raisedr more than $14 million in including investmentsby Boston-based and the . The companh also has submitted a diagnostic test kit for breast cancer to the for Serrero said that although there is no immediate planfor expansion, the compan could grow as it brings productsw to market.
By 2005, Avon Foundation had awardedx $500 million in grants internationally to programzs and efforts including breast cancer The organization typically fundsnonprofit efforts, and its investment in A&fG is among the few private companhy grants awarded in the past few

Tuesday, July 17, 2012

Photometrics(R) Launches Next Generation Scientific CCD Cameras That ... - MarketWatch (press release)

axilecyqih.wordpress.com


Photometrics(R) Launches Next Generation Scientific CCD Cameras That ...

MarketWatch (press release)


Designed to discern finer details in biological samples under lower light levels, the MYO and KINO enable scientists to achieve higher quality, higher resolution images than previous CCD technology. With standard scientific CCD sensor technology, ...


Photometrics® Launches Next Generation Scientific CCD Cameras That Enable ...

Genetic Engineering News (press release)



 »

Sunday, July 15, 2012

Cities weigh controversial but inventive way to fix mortgages: condemn them - Washington Post

adepylex.blogspot.com


KEPR 19


Cities weigh controversial but inventive way to fix mortgages: condemn them

Washington Post


FONTANA, Calif. â€" In the foreclosure-battered inland stretches of California, local government officials desperate for change are weighing a controversial but inventive way to fix troubled mortgages: Condemn them.


Calif. cities eye plan to seize m ortgages

Houston Chronicle



 »

Saturday, July 14, 2012

Not exactly the milkman of yore, but Snowville gets pretty darn close - Business First of Columbus:

esivyjifag.wordpress.com
The tough cookies are the National Milk Producers Federation andthe , the largesr dairy lobbies in the country. If proposed changes governinf the industryare instituted, Taylor said his piecr of the pie will be shrinking, potentially to Hearings were set to beginm in Cincinnati May 4 that coulxd change the Federal Milk Market Ordedr System – which establishes a minimum price producersd pay to farmers for milk – to include businessesa like Taylor’s Pomeroy-based LLC in the federal subsidy program. Unde r the system, in place since the processors and bottlers pay into pools tobalancew prices, but producer-handlers, whic h Snowville will become once its business are exempt.
Producer-handlers have their own own bottling and own processing To Taylor, lifting the exemption woulc make business more costly and hurt his producft – minimally-processed milk produced by grass-fed, grazin cows. “To be forced to subsidize the makinhgof lower-quality milk is galling,” he “Not all milk is createds equal.” A National Milk Producers Federation proposalp would require some producer-handlers to pay into the Spokesman Chris Galen said the proposall is aimed at those that produce more than 350,0000 gallons of milk a month, whicnh includes about six of 40 exempted producer-handlera nationwide.
An earlier version would do away with all which couldcost producer-handlers an additionak 10 to 15 cents per gallon, according to the Federation CEO Jerry Kozak, in a Marchg letter to members, said the concerj is that large farms will move into which would enable them to avoid poolingh requirements. “By not contributing to the pool, they are ultimateluy lowering the blend price for every dairy farmer in the he said. U.S spokeswomam Becky Unkenholz said the agency received 28 proposals pertaininh tothe producer-handler exemption, submitted by the dairy lobbies, farmers, producer-handlere and others. Snowville is still too small to be includec in the Federal Milk MarketOrderd System.
But Taylor said he opposes changex because he thinks the system forcex subsidization of the competition and discourages the added risksw that his business takes to makebetter Taylor, a veteran dairy industry process engineer, and his wife, bought farmland in southeast Ohio and befriended theifr neighbors, dairy farmers Bill Dix and Stacy The quartet decided to partner, with Taylor buildinhg the processing, packaging and shipping capabilities. Snowville began packagint milk in December 2007 and isproducing 4,000 gallonx a week with capacity for 20,000 gallons. Snowville milk is priced aroundx $2.99 per half-gallon, above store-brand milk and below brand-namse organic offerings.
’s Athens store was the first major chaihn toembrace Snowville’s ’s four Ohio stores stock it. Eight Columbua Giant Eagle Inc. storesa and three area Kroger stores carry as do nearly20 “It’s a lot different now than a year Taylor said. “We were just in threer or fourstores then.” The path to this pointy hasn’t been easy. Startup costs were more than $1 double Taylor’s projections, getting to market took six monthsz longer than expected and the busineswstill isn’t turning a What Taylor wants is a chance for Snowvills to prove itself. He’s pleased with the reception so far, but needds to get in more storee tobe profitable.
It isn’ty just a matter of businessd for Taylor, but a matter of pride as Milk quality and tastejust isn’y the same as it used to be, a fact he says is the reasob for the declining popularity of milk as a drinkl and a reason for the U.S. population’s declining

Friday, July 13, 2012

Candidates Racing for Future, Gaze Fixed Firmly on the Past - New York Times

tatyanagepoji.blogspot.com


New York Times


Candidates Racing for Future, Gaze Fixed Firmly on the Past

New York Times


The two contenders for the White House and their  »

Wednesday, July 11, 2012

Chick-fil-A

iwyqaxewun.wordpress.com
The new Chick-fil-A features a 4,227-square-foo interior that seats 134 and has an indootr play area for children that includes an interactive section for toddlersd anda drive-thru. Mark Cook is operatinbg the new restaurant. The first stand-alone Chick-fil-Az in the Duke City opened in 2004 on Ellison Drivee NWin Albuquerque. The Atlanta-based chain has operated a restauran t insidethe state’s largest indoor mall, , for years. The chain also operatesa a location at in Las Cruces as well as licensedf locations at theand . The company had nearlh $3 billion in 2008 sales and now operates in 38 withnearly 1,500 locations. It owns most of its locations and licensedthe rest.
Chick-fil-A will awarf a one-year supply of free Chick-fil-A Meals (52 to each of the first 100 adults with identificationin line, aged 18 and The line officially starts forminy up to 24 hours beforw the grand opening, with prizes bein awarded Thursday, April 16, sometime between 6 a.m. and 6:10 a.m. The restaurantr will open for businessimmediately afterward. Chick-fil-A continues to with plans to add 64new stand-alone locationsx this year, creating more than 4,200 new jobs. “Chick-fil-A is grateful that we are in a position to continud ourrestaurant expansion,” said Chick-fil-wA Inc.
President and COO Dan son of the chain’s founder Truett Aware of risinghealth concerns, especially for Chick-fil-A has eliminated artificial trans fat from its entire menu and was amongv the first national quick-service restaurant chains to offefr a complete menu – from entrées to condiments with zero grams of trans fat.

Tuesday, July 10, 2012

UPDATED: KV Pharmaceutical fire accidental - St. Louis Business Journal:

yvejodo.wordpress.com
Two workers reported the blazeat 6:17 p.m. in one of the company’a mixing rooms where flammable chemicalsare housed, said Brentwoodf Fire Chief Bob Niemeyer. At least 16 fire departments and 20 fire truck responded tothe four-alarm which burned so hot and spread so quicklyh due to the chemicals involved, firefighters had to try putting it out two different times because the fire got “too hot and too dangerous,” Niemeyerr said. A Glendale fireman overcome with heat was taken to an area hospitaloand treated.
The blaze damage a KV buildingalong Hanley, alony with four other businesses, Niemeyer KV said Wednesday that the damaged facility housefd , the company's pharmaceutical ingredient subsidiary. "KVV is currently assessing the damagea to the facility as a result of the fire and is evaluatinthe impact, if any, that the fire will have on the company's previously announced sale process for PDI," the companty said. "PDI's business is primarily contracrt manufactured, which is unaffectexd by the fire." Late last year, KV suspended and recallex painkillers after experiencing problemswith manufacturing, includin g producing oversized tablets.
In March, KV said it enteres into a consent decree with the FDA that outlines a seriesa of measures that will permit KV and its subsidiaries to resumed manufacturingand distribution. KV also from shareholderw allegingthey were

Sunday, July 8, 2012

Marriott Hotel project stalls over financing - Birmingham Business Journal:

mcfarlainofuqub1258.blogspot.com
is in negotiations with to finance the which was announced more than ayear ago, said Harry president of Harbert. The company originally hoped to open the hotel inlate 2009. Now, Harbert is shootint for 2010. Lynch said he’a hopeful that negotiations will be finalized in a matterfof weeks, rather than so construction can begin soon on the 261-room hotelo across from Regions’ current headquarters on 20th Streetf North. Lynch said the delayu will be helpful with constructionmateriap costs, which have lowered in the economifc downturn, and it buys time to find a steak housew restaurant interested in locating in the hotel.
The scenario is similar to scenes being played out across the country betweenh developersand banks, said Stefan Norrbin, chairmajn of the economics department at ’se . “What’s happening in the financial banks and financing companies are shoring up theird own balance sheetsand there’s no traditional lending,” he “It’s created a problemn for people to borrow in the normal way.” Norrbinn said banks are being very selectivre right now because they have a chancs to be selective, choosinv the projects they want to do. That will ease as projectsw banks got burned on are slowly clearef offthe books, he said.
Harbert’s Lynch said plansd to include high-end amenities in the new hoteloare unchanged. The hotel is set to includer 261 rooms, suites on the top a lounge on the 18th floofr and inthe lobby, a in the lobby, an adjoining steak house restaurant, a 5,000-square-foot granfd ballroom, meeting rooms, heated pool and spa and possibly a high-enf fitness club. Lynch said the hotekl won’t be built to attract convention but to service the clientele of the surrounding businesses and law firmwin downtown. “Our core demand is stilol based onthose businesses,” he said. Harberr announced in mid 2007 it wouls partner with to opena four-star Marriott Renaissanced hotel downtown.
Since the announcement, Regions has vacated the building and construction has started to add more parkiny spaces to the adjoining deck to accommodate guests of the Harbert also is developing a retail center in a new development at the site of theformefr . Ground was broken on the more than 13,300-square-fooy center in November.

Saturday, July 7, 2012

Doctors clear Tony Parker to play on French team - San Francisco Chronicle

yfimuna.wordpress.com


New York Times (blog)


Doctors clear Tony Parker to play on French team

San Francisco Chronicle


The French Basketb »

Friday, July 6, 2012

A comical mixed bag of dictators - Sowetan

oryzacody.wordpress.com


Sowetan


A comical mixed bag of dictators

Sowetan


MOVIE REVIEW: I'm a very hard man to please but, yeah, I admit he had me in stitches.



and more »

Wednesday, July 4, 2012

GOP delegate would boycott Maryland gambling session - Washington Post (blog)

bojony.wordpress.com


GOP delegate would boycott Maryland gambling session

Washington Post (blog)


The odds of a Maryland special legislative session next week on expanded gambling have grown long, but at least one Republican delegate won't be there if it happens.



and more »

Tuesday, July 3, 2012

DownEast makes California debut at Galleria - New Mexico Business Weekly:

qalymeled.wordpress.com
DownEast Basics, a Salt Lake City chain with more than 40 markets itself asan “affordable retailer. Nothing costs more than $50, and most items — from swimweae to summer dresses — costs aroun $20 to $30. The Roseville store’s first weekend exceeded the company’s projections by 25 Based on the initial sales DownEast Basics very much wants to furtherr expandin California, and is pleaseds it launched its first California store in the Sacramento a spokeswoman said.
CEO Klane Murphy, who lived in El Dorad Hills from 2000to 2007, figured Sacramento-area consumers care about fashion, but also are cost He also likes the population growth this regionh has experienced over the past Testing out this area’s interest, Murphyt sent the retailer’s catalog to all his wife’s local His wife also introduced her friends to the producy line at a local partty she hosted with more than 50 Based on the sales at that “we knew we had a product that resonated with the localo community here in Sacramento,” Murphy wrot in an e-mail.
A franchise is coming to the Roe Building, the mixed-usre building built last year at 5th and G streets indowntownn Davis. The Aventura, Fla.-basef chain of body and facial waxing centerx willtake 1,491 square The franchisees are readying the spacd for an opening in a few months. On the firsyt floor, European Wax Center will join a Duramed medicalk supplies store and Barista Brew Two retailspaces remain: one of 925 squarer feet on the corner, and anothere of 1,227 square feet, said Shauh Morrow, the landlord’s broke r with the Terranomics divisiojn of . The eigh residential condos on the second and third floorwall sold.
In February, Europeann Wax Center area developers told the Business Journalo that they planned to open at least a dozen locations in the The company already has two storeesin Roseville, at Renaissance Creeko shopping center and at The Fountains. Broker Scott Carruth of CB Richard Ellise represents European WaxCenter locally. Vending machine dispenses wipes, pacifiers Westfielfd Galleria at Roseville will be one of the firsty malls within the Westfield chainn to get a custom vending machine withbabycare supplies. in Corona announced Thursdauy that it is placing its Baby Stationse vending machines in Westfield mallx acrossthe state, starting July 15.
The goal is to placee these vending machines with baby necessitiez in Westfield malls nationwidwe within eight months toa year, AVT says. A piloft project for Westfield, the ventinh machines carry feeding products, toys, firsf aid items, baby wipes, bottles and “This brings peace of mind to families knowing theree is a convenient and accessible solutiobn forevery baby’s need,” Shannon Illingworth, AVT founder, said in a news The malls that install the Baby Stations benefit because parent don’t have to stop shoppinv when they discover they left home withou t some essential baby item, she said.
Baby Station machines are hardto miss, with their blue-and-blac color scheme and bold They contain a 7” widescreen LCD displayu to stream information and videol feeds about the products contained in the vending machine. , a chaih of gyms that entered this market sixyearxs ago, is expanding to Woodland. Fitness 19 will take 7,500 square feet within Sycamore Pointe shopping center at Main Streetr andPioneer Avenue. This is new retail spacr constructed between Food 4 Less and Big 5 Sporting Another 9,000 square feet is available. The gym is expectesd to open inthe fall, said who represented the landlord in the lease. Fitnesws 19 has five other locations inthe region.

Sunday, July 1, 2012

Cutting dealers won

guronelogoh.blogspot.com
Both Chrysler and General Motors, which plans to clos 1,100 dealerships by October 2010, contend they need to reduce the size of theie dealer networks in order to be more competitivde with Toyotaand Honda, which sell more cars in the U.S. with a lot fewetr dealers. Chrysler, in a bankruptcy cour t filing, argues that trimmingh the ranks of its dealers will boost the profitability of the dealersthat remain, enabling them to invest in improvementsw that will drive up sales. “After a period of and substantially improved marketingand investments, overalo sales in the reduced networmk are anticipated to grow beyond current sales levelw within the existing network,” Chrysler contends.
The National Association of Automobilwe Dealerssays that’s highly unlikely. “There’s not an auto executive that I know ofthat doesn’g acknowledge that when a dealership they lose market share,” said Davidx Hyatt, NADA’s vice president of publix affairs. Cutting costs was not a major factorin Chrysler’sx decision. The auto maker will save some administratived expenses by having a smaller dealefr networkto oversee, but that’s about it.
Dealerws buy their cars before the vehicles leavethe factory, pay for front the costs of any rebated or warranty work, and purchase repair Dealers provide “a robust distribution network at virtuallu no cost” to auto makers, Hyatt “We’re an asset, not a liability,” said Wade an auto dealer in Montpelier, Vt., who is scheduledd to lose his Jeep franchise June 9. Walked and about 300 other Chrysler dealers have challenges theauto maker’s request for a bankruptcyh judge to terminate their dealership agreementes and pre-empt state laws that would require Chrysler to give dealera more time to wind down thei businesses.
Chrysler has been working to reduce its dealere network for several That process, however, needs to be acceleraterd because of its proposed alliance with it contends. Bankruptcy courts routinely terminate contracts if doing so benefitsthe debtor’s estate and exhibitw sound business judgment, Chrysler states in its filing. Chryslet dealers, however, contend abruptly closing dealershipd doesn’t meet this threshold. “There is no evidencse that by rejecting dealership agreementxs New Chrysler will save money to any materiall degree or enhance its competitive position in the automobile states a filing made by the Chrysler NationakDealer Council.
“To the contrary, closinb dealers narrows distribution andreduces Chrysler’sx sales and income as fewer dealeras buy fewer cars and retail sales are lost to otherr brands.” Chrysler’s bankruptcy judge is scheduled to hold a hearinvg on this issue June 3. That same day, the Senatr Commerce Committee is scheduled to hold a hearinvg on the Chrysler and GMdealershil closings. “These companies cannott be allowed to take taxpayer funds for a and then leave local dealera and their customers to fend for themselves with no real notice and noreal help,” said committee Chairmab John D. “Jay” Rockefeller IV, D-W.Va.
“Wde must ensure that the auto dealers are treater equitably and have the opportunity to unwinde their operations in a manner that will minimized hardships to employees who lose theitr jobs and communities that areadverselhy impacted,” said Sen. Kay Bailey Hutchison, R-Texas. Hutchison was encouraged by a promises from Chrysler President James who told her the company would help the terminated dealers sell their vehicle andpartsw inventory. If this assistance fallz short, Hutchison is prepared to push legislation that would give the dealerships an extraq 60 daysbefore closing.
Meanwhile, auto dealers and memberss of Congress are lobbying President Barack Obama and his automotive task force to reconsider the wisdonm of closing so many dealershipsso quickly. The Obamw administration rejected theauto makers’ initia l restructuring plans and urged them to be more aggressive. “If should not be the role of government to forcde these small business owners outof business,” said Rep. Blaine R-Mo., one of several House members who sent a letter to task force chiefSteven Rattner, founder of the Quadrangle a New York private equity firm.
“This decision will not fix the problems of the automanufacturing industry, yet it will cost our communities good Jeep dealer Walker doesn’t think the auto task forcw “gets it.” “I think it’s because they’rew all Wall Street people they’re not Main Street people,” Waltoj said.