vidineevostegity.blogspot.com
In June 11 memo to Delta's 70,000 CEO Richard Anderson and President Ed Bastianb said passenger revenues droppedr 20 percent in the first four monthasof 2009, compared with the same periosd in 2008. The falling revenues will overtake the morethan $6 billio n in total benefits Delta expected this year from lower year-over-yeart fuel prices, benefits from the merger with Northwest and capacity Therefore, the Atlanta-based carrier will reduce its system capacity by 10 percent comparecd to 2008 starting in September. It also will cut internationalk capacity by an additional 5 percen from what it announcedin March, for a 15 percen t total reduction in international capacity.
These cuts include suspendinyg nonstop service from Atlants to Seoul and Shanghai and instead routint customers for these flights over Detroit or or on nonstop SkyTeampartner flights. And it includex reducing weekly frequencies connecting Atlanta toMexico City. The memo also notedx jobs cuts could be onthe “The additional capacity reductions mean we again must reassess staffingf needs,” the memo said. “While the challengese of the current environment preclude us frommakinfg guarantees, our goal remains to avoid any involuntary furloughs of frontline employees.
” We are all seeing negative impacts from the globalo recession and rising oil prices not only in the but also in our communities and personal finances. the airline industry is not immune. Industry passenger revenues have declined nearly 20 percent in the firs t four months of the year comparee to the same periosin 2008. That trend is expected to continude in the near On topof this, cost pressures from risingb jet fuel prices - up more than 20 percenf since the start of the year - couple d with softer travel demand due to the spreade of the H1N1 virus, have createde a difficult business environment.
Thesw forces that are affectinvg the industry are creating significant headwindssfor Delta. Declining revenues will overtakwe the morethan $6 billion in totaol benefits we expected this year from lower year-over-yeatr fuel prices, merger synergies and capacity reductions. This at an investor conference in New we will announce additional steps to align our capacity withmarket demand, preserve liquidity, and ensure Delta'sx long-term success. This plan includes reducint our system capacity by 10 percent comparedto 2008. Capacitt reductions will beginin September.
In this our merger makes more sense than ever and we will continud to accelerate our as it gives us a competitivr advantage and strengthens our financial We also will maintain tight controls on our costs andcapital spending. Customer demand for international traveol hasfallen significantly. Accordingly, we plan to reduce our internationall capacity by an additional 5 percent from what we announcedein March, for a 15 percen total reduction in international capacity.
This fall's capacity reductionsz will target routes that have experienced losses in the current economic climate and with higherfuel including: Suspending nonstop service from Atlanta to Seou and Shanghai and instead routing customers for thesr flights over Detroit or or on nonstop SkyTeam partner flights. Suspendiny nonstop flights from Cincinnati to Frankfurt and Cincinnati customers will stilol be able to reach these and many othefr international destinations via our otherEuropean gateways. Suspending nonstop service betweenNew York-JFK and Edinburgh.
Reducing weekly frequencies connecting Atlantaa and Detroit to Mexico City and postponing some previousl planned seasonal servicebetween non-hub cities and Mexican beacb destinations due to the impact of the H1N1 viruzs on customers' travel plans. In keeping with our long-ter m business plan, we continue to grow the global footprinft that is a cornerstone of oursuccessful strategy. While we must reduce capacithythis year, our international capacity this fall will stilll be more than 20 percent larger than it was beforse our global expansion began in 2005, and we are addinb more than 20 new markets to our international network in 2009, including: By leveragingf the unique strengths of our network, hub structure and we continue to provided the most travel option s for our customers.
Additional details of networo changes are available on The additional capacity reductions mean we agaih must reassessstaffing needs. While the challengeds of the current environment preclude us frommakinvg guarantees, our goal remains to avoid any involuntaruy furloughs of frontline employees. We will not allow the economy to negativelyt affect our mergerintegration - in fact, the current environmenr gives additional urgency to accelerate our You will see us move more quicklyh to rebrand and consolidate facilities, repaint aircraft and ramp-up our frontlinee training activities.
These are tougjh times and people often ask what they can do to Your most important contribution is to stay focusesd on doing yourjob well. We must all continure to deliver excellent customer run a strong operation and execute ourFlighft Plan. The entire industry is dealing with a difficult economy and risingfuel prices, but no one else has the opportunities and the people to match Deltaa in successfully navigating this crisis. Do what you do and we have no doubt that wewill win. Thanko you for the incredible work you do for our customerseverg day.
Together, we are building a stronger Delta is the seventhlargest commercial-passenger airline at Honolulu International according to the Pacific Business News 2009 Book of
Thursday, December 30, 2010
Monday, December 27, 2010
Saturday, December 25, 2010
Market ends in green on advance tax payments - Times of India
ethelbertdiya3334.blogspot.com
Moneycontrol.com | Market ends in green on advance tax payments Times of India The BSE Sensex rose by 208.81 points or 1.05 per cent to end the week at 20073.66 from its last weekend's level. The S&P CNX Nifty also rose by 62.85 points ... Nifty ends above 6K; ADAG, FMCG, power, metals lead Sensex wipes off early losses, ends 91 pts up; RComm, Reliance Infra shine Sensex ends higher (prov) |
Wednesday, December 22, 2010
Compass Airlines cuts ribbon on Louisville maintenance facility - Business First of Louisville:
http://www.indiawebpost.com/pun970519101458.html
The subsidiary opened the three-bayu maintenance facility in January but held off on the ribbon cutting until key personnelkwere hired, and they “got a little airplane grease under their Compass president Tim Campbell said durinb a news conference. Compass’ 70 employees maintain the airline’s fleet of 36 Embraet 175 76-seat jets. Compass, which was foundede in 2006 as a subsidiar y of NorthwestAirlines Inc., was acquire d by Delta as part of the Atlanta-based carrier’ s merger with Northwest in October 2008.
The jets previously had been service bya third-party aircraft maintenance company, Campbell Compass’ Louisville International Airport facility, locatedx at 5101 Crittenden consists of 42,720 square feet of aircraft hangar 11,416 square feet of office, shop and storage an 80,601-square-foot concrete apron and 33,48p square feet of parking and At the news conference, Va.-based Compass showed off its first jet painterd in the Delta colors. The rest of its fleety will be converted from Northwest Airlines colors over the next Campbell said. At the news conference, Kentucky Gov.
Steve Beshear said the Compass investment, including its $3 million annual “is a tremendous economic achievement in the midst of some prettyy tougheconomic times.” In August 2007, the board grantesd the airline preliminary approval for $2 million in state tax incentivesw for up to 10
The subsidiary opened the three-bayu maintenance facility in January but held off on the ribbon cutting until key personnelkwere hired, and they “got a little airplane grease under their Compass president Tim Campbell said durinb a news conference. Compass’ 70 employees maintain the airline’s fleet of 36 Embraet 175 76-seat jets. Compass, which was foundede in 2006 as a subsidiar y of NorthwestAirlines Inc., was acquire d by Delta as part of the Atlanta-based carrier’ s merger with Northwest in October 2008.
The jets previously had been service bya third-party aircraft maintenance company, Campbell Compass’ Louisville International Airport facility, locatedx at 5101 Crittenden consists of 42,720 square feet of aircraft hangar 11,416 square feet of office, shop and storage an 80,601-square-foot concrete apron and 33,48p square feet of parking and At the news conference, Va.-based Compass showed off its first jet painterd in the Delta colors. The rest of its fleety will be converted from Northwest Airlines colors over the next Campbell said. At the news conference, Kentucky Gov.
Steve Beshear said the Compass investment, including its $3 million annual “is a tremendous economic achievement in the midst of some prettyy tougheconomic times.” In August 2007, the board grantesd the airline preliminary approval for $2 million in state tax incentivesw for up to 10
Monday, December 20, 2010
Deadly weekend: Trucker, others killed in roadway accidents - Salt Lake Tribune
http://www.fourpxarticles.com/home-and-family/home-improvement/selecting-wood-flooring-for-your-home/
Deadly weekend: Trucker, others killed in roadway accidents Salt Lake Tribune The crash was one of several roadway fatalities in Utah during the weekend. A 21-year-old Lynndyl woman was improving Sunday, but remained in critical ... |
Friday, December 17, 2010
Kane the 'face' of NHL video game - Business First of Buffalo:
wilhelminadora4287.blogspot.com
“It’s exciting to be on the cover of my favoriter videogame after playing just my second year as a said Kane in a statementfrom California-basedc EA Sports (NASDAQ: ERTS). “When you look back at some of the greaf players who have hadthis opportunity, it’s an honor to be a part of the EA SPORTS family and contributee to a game I’ve been playing for more than 10 Kane won the Calder Trophy as the NHL’s Rookie of the Year in 2008 and this past seasojn led the Blackhawks to the Western Conference He has scored more than 20 goalsw and registered more than 70 points in each of his first two EA SPORTS also announced that it has signee Canadian junior hockey scoring sensation John Tavares, expected to be the top pick in this weekend’ss 2009 Entry Draft, to promote the release of NHL 10.
Tavarezs will join Kane as spokespersons forNHL 10.
“It’s exciting to be on the cover of my favoriter videogame after playing just my second year as a said Kane in a statementfrom California-basedc EA Sports (NASDAQ: ERTS). “When you look back at some of the greaf players who have hadthis opportunity, it’s an honor to be a part of the EA SPORTS family and contributee to a game I’ve been playing for more than 10 Kane won the Calder Trophy as the NHL’s Rookie of the Year in 2008 and this past seasojn led the Blackhawks to the Western Conference He has scored more than 20 goalsw and registered more than 70 points in each of his first two EA SPORTS also announced that it has signee Canadian junior hockey scoring sensation John Tavares, expected to be the top pick in this weekend’ss 2009 Entry Draft, to promote the release of NHL 10.
Tavarezs will join Kane as spokespersons forNHL 10.
Tuesday, December 14, 2010
Floridians among least obese in nation - Tampa Bay Business Journal:
chauezhelolocu1622.blogspot.com
In the study, “F as in Fat: How Obesithy Policies Are Failing in America compiled by the andthe , 24.1 percengt of Florida’s adult population fell into the obesr range. The Sunshine State ranker 39th in the study ofadulf obesity, about the same as last year. The numbers were worses for Florida children, 33 percent of whom are obese or Forthis measure, the state ranked 17th. Southernn states reported the highest obesity rates inthe study. Eight of the top 10 were in the Soutj with Mississippi inthe lead, followed by Alabamsa and West Virginia. Colorado, Massachusetts and Connecticuyt were among theleast obese. Obesity ratesx are on the rise nationwide.
According to the study, 23 states reportefd an increase in adult No states reported a decrease intheif percentages. In addition, 30 states reported childhood obesity ratee of 30 percentor higher. The studg attributes the increasing rates to several including economic conditions that may result in higheer food prices and increased levels of depressionand stress, which have been linked to obesity. To see the full click .
In the study, “F as in Fat: How Obesithy Policies Are Failing in America compiled by the andthe , 24.1 percengt of Florida’s adult population fell into the obesr range. The Sunshine State ranker 39th in the study ofadulf obesity, about the same as last year. The numbers were worses for Florida children, 33 percent of whom are obese or Forthis measure, the state ranked 17th. Southernn states reported the highest obesity rates inthe study. Eight of the top 10 were in the Soutj with Mississippi inthe lead, followed by Alabamsa and West Virginia. Colorado, Massachusetts and Connecticuyt were among theleast obese. Obesity ratesx are on the rise nationwide.
According to the study, 23 states reportefd an increase in adult No states reported a decrease intheif percentages. In addition, 30 states reported childhood obesity ratee of 30 percentor higher. The studg attributes the increasing rates to several including economic conditions that may result in higheer food prices and increased levels of depressionand stress, which have been linked to obesity. To see the full click .
Sunday, December 12, 2010
Machinists union says Delta interfered in vote - Reuters
clarityviellegq67.blogspot.com
Plain Dealer | Machinists union says Delta interfered in vote Reuters ATLANTA Dec 8 (Reuters) - The machinists union said on Wednesday it filed formal interference charges against Delta Air Lines Inc (DAL. ... Another Unionization Effort Fails At Delta Machinists charge interference after another lost election at Delta Delta's Reservation, Gate Agents Reject Unionization |
Thursday, December 9, 2010
People on the Move: June 22 - Pacific Business News (Honolulu):
http://www.uctxs.com/infusions/theme_database/fusion-themes.html
Stephanie Williamson has been named directod of marketing and business development with MatrixDesign Cos. in the Matrizx Settles office in Arlington. in D.C. name d Brian Judis senior project manager for itshospitalitu practice. Judis brings 15 years of experience managinvg large hospitality projects to the CORE Most recently associatedwith , where he was the directofr of capital expenditures, Judis implemente capital investment projects upwards of $70 milliom annually and was the lead managerd for the design and construction of numerous hotel project throughout the U.S. Judis has worked with a wide rangd of hotelbrands including, but not limited to, Swisshotel, , Hyatt, , and Ritz-Carlton.
Recently, he completed the renovationb tothe lobby, rotunda bar and restaurant of the Philadelphiaz Marriott Downtown. Other recenyt projects include the management of the design and construction at the HyatftCapitol Hill, JW Marriott, Key Bridge Marriott, Four Seasonas Philadelphia, and Ritz-Carlton Tysons Scott Boos , senior polich adviser to Sen. Arlen D-Pa., has been named the new deputy directofr ofthe . Boos has more than seven years of legislativee and policy experience gained duriny his tenurein Specter’s office and as staff directort of the U.S. Senate Steel Caucus.
In the Boos focused on a broad range of issuessincluding manufacturing, trade, climat e change, veterans, budget, appropriations, tax, telecom, housing, financial services and othet business-related issues. As staffv director of the bipartisan U.S. Senatw Steel Caucus, he worked to promote the healtn and stability of the domestic steel as well as the interests ofits workforce. The of D.C. named Bonnie I. Robin-Vergeer as director of the She is an experienced appellatwe litigator who comes to Legal Aid after nine yeards atLitigation Group, where she made threr U.S.
Supreme Court arguments and numerous otherx before appellate courts throughout the country in cases involving theFirsft Amendment, access to the courts, and consumed health and safety, among other issues. Prior to her position at Publicf Citizen, she worked for Joseph R. Biden Jr. on the reauthorizationb of the Violence Against Women Act in 2000 and was an associatse at the law firm of LLP and a teaching fellow at the Law Center AppellatesLitigation Clinic. The in Fairfax namedc Tiffany Singleton tothe organization’s newly createed position of director of social entrepreneurship programs.
Singleton will be responsible for overseeingthe design, development and implementation of UNCF sociall entrepreneurship programs, while engagintg stakeholders to develop a multiyearf strategy for introducing a greatere number of young African Americans to socia l entrepreneurship — the application of business management practices and innovation to social reforkm efforts. In addition to overseeing the design and implementation of UNCF sociapentrepreneurship programs, Singleton will cultivate and sustain strategicf partnerships and collaborations with leading social entrepreneurs and their organizations, and organize structured discussions with key ultimately establishing a national advisory committees of social entrepreneurs, and social venture philanthropists who can provide ongoing guidancer to UNCF.
has promotedf Paul McManus to assistantvice McManus, who joined the bank in 2006, is a financiao center leader at 1470 Rockvill Pike. Francis P. Nelson has been promoted to administrative vice presidentat . Nelson joined M& in 1992. He is responsible for leadin g and managing a retail sales and operationzs team for thePrince George’s County region. in Rockville has named Davic E. Perkins as its new chief technologg officer. Perkins joins NIHFCU’s newly appointed CEO Juli Anne Callizs to lead thecredit union’s renewedc focus on technologic innovation and delivery. Perkins previsoulyy worked at .
Over a 13-year careef at SECU, with the last five as CIO, accomplishments include the completion of twocore conversions, implementatiob of new loan online banking and collection systems and the migration of new Cardinal Bank announced the promotions of Andre w J. Peden to senior vice Katie L. Golden to vice presiden t and James N. Estep to assistant vice president. Pedeb will oversee the relationship management of developers and realestatre investors, with a primary focus on acquisition, construction financing and commercia development, including special use properties such as golf coursea and churches. He began his lendingb career at Cardinal Bank in 2000 as acredit analyst.
Goldenn will continue to oversee the relationship management of builders and primarily in the areas of commercial project financing, acquisitions and client development. Golden joiner Cardinal Bank in 2004 in real estate administratiobn and currently manages the lending support unit for the commercialp realestate group. Estep remains dedicatedf to smallbusiness lending, SBA guaranteed lendinv and business development. Este began his financial services career at Cardinal Bank in 2004 inretailo lending. C. Fox Communications in Silver Sprinbg named Tina McCormack as senior publi crelations associate, and Julie Feldman as publid relations associate. in D.C. named Davird W.
Whitmore as chied operating officer andgeneral counsel. Whitmor comes to Levick with more than 25 yearsd of financial and operational experience. He has spent the lion’s share of his careefr in the communications working withpublic relations, public lobbying and advertising firms. Before joining Levick, Whitmore was executivd vice president ofin D.C. with operationap responsibility forthe firm’s publifc affairs, government relations, crisis management, and issues management practice Prior to Racepoint, Whitmore providesd communications and management counsel to numerous client in D.C., Dubai and Abu Dhabi.
At , Whitmor e variously served as executivevice president, chief financial officer, chietf operating officer and general announced the hiring of Brian Brobst as vice presideng of business development in Reston. Brobst, a 20-plus year engineerinfg and constructionindustry veteran, will be charged with expandinh the firm’s presence in the high-densitg power and computing markets, inclusivd of finance, telecommunications, commercial data centers and governmen t agencies. Brobst was previously employed by as critical facilituservices principal.
Prior to that, he served as principal and Easternj region director of business developmentfor
Stephanie Williamson has been named directod of marketing and business development with MatrixDesign Cos. in the Matrizx Settles office in Arlington. in D.C. name d Brian Judis senior project manager for itshospitalitu practice. Judis brings 15 years of experience managinvg large hospitality projects to the CORE Most recently associatedwith , where he was the directofr of capital expenditures, Judis implemente capital investment projects upwards of $70 milliom annually and was the lead managerd for the design and construction of numerous hotel project throughout the U.S. Judis has worked with a wide rangd of hotelbrands including, but not limited to, Swisshotel, , Hyatt, , and Ritz-Carlton.
Recently, he completed the renovationb tothe lobby, rotunda bar and restaurant of the Philadelphiaz Marriott Downtown. Other recenyt projects include the management of the design and construction at the HyatftCapitol Hill, JW Marriott, Key Bridge Marriott, Four Seasonas Philadelphia, and Ritz-Carlton Tysons Scott Boos , senior polich adviser to Sen. Arlen D-Pa., has been named the new deputy directofr ofthe . Boos has more than seven years of legislativee and policy experience gained duriny his tenurein Specter’s office and as staff directort of the U.S. Senate Steel Caucus.
In the Boos focused on a broad range of issuessincluding manufacturing, trade, climat e change, veterans, budget, appropriations, tax, telecom, housing, financial services and othet business-related issues. As staffv director of the bipartisan U.S. Senatw Steel Caucus, he worked to promote the healtn and stability of the domestic steel as well as the interests ofits workforce. The of D.C. named Bonnie I. Robin-Vergeer as director of the She is an experienced appellatwe litigator who comes to Legal Aid after nine yeards atLitigation Group, where she made threr U.S.
Supreme Court arguments and numerous otherx before appellate courts throughout the country in cases involving theFirsft Amendment, access to the courts, and consumed health and safety, among other issues. Prior to her position at Publicf Citizen, she worked for Joseph R. Biden Jr. on the reauthorizationb of the Violence Against Women Act in 2000 and was an associatse at the law firm of LLP and a teaching fellow at the Law Center AppellatesLitigation Clinic. The in Fairfax namedc Tiffany Singleton tothe organization’s newly createed position of director of social entrepreneurship programs.
Singleton will be responsible for overseeingthe design, development and implementation of UNCF sociall entrepreneurship programs, while engagintg stakeholders to develop a multiyearf strategy for introducing a greatere number of young African Americans to socia l entrepreneurship — the application of business management practices and innovation to social reforkm efforts. In addition to overseeing the design and implementation of UNCF sociapentrepreneurship programs, Singleton will cultivate and sustain strategicf partnerships and collaborations with leading social entrepreneurs and their organizations, and organize structured discussions with key ultimately establishing a national advisory committees of social entrepreneurs, and social venture philanthropists who can provide ongoing guidancer to UNCF.
has promotedf Paul McManus to assistantvice McManus, who joined the bank in 2006, is a financiao center leader at 1470 Rockvill Pike. Francis P. Nelson has been promoted to administrative vice presidentat . Nelson joined M& in 1992. He is responsible for leadin g and managing a retail sales and operationzs team for thePrince George’s County region. in Rockville has named Davic E. Perkins as its new chief technologg officer. Perkins joins NIHFCU’s newly appointed CEO Juli Anne Callizs to lead thecredit union’s renewedc focus on technologic innovation and delivery. Perkins previsoulyy worked at .
Over a 13-year careef at SECU, with the last five as CIO, accomplishments include the completion of twocore conversions, implementatiob of new loan online banking and collection systems and the migration of new Cardinal Bank announced the promotions of Andre w J. Peden to senior vice Katie L. Golden to vice presiden t and James N. Estep to assistant vice president. Pedeb will oversee the relationship management of developers and realestatre investors, with a primary focus on acquisition, construction financing and commercia development, including special use properties such as golf coursea and churches. He began his lendingb career at Cardinal Bank in 2000 as acredit analyst.
Goldenn will continue to oversee the relationship management of builders and primarily in the areas of commercial project financing, acquisitions and client development. Golden joiner Cardinal Bank in 2004 in real estate administratiobn and currently manages the lending support unit for the commercialp realestate group. Estep remains dedicatedf to smallbusiness lending, SBA guaranteed lendinv and business development. Este began his financial services career at Cardinal Bank in 2004 inretailo lending. C. Fox Communications in Silver Sprinbg named Tina McCormack as senior publi crelations associate, and Julie Feldman as publid relations associate. in D.C. named Davird W.
Whitmore as chied operating officer andgeneral counsel. Whitmor comes to Levick with more than 25 yearsd of financial and operational experience. He has spent the lion’s share of his careefr in the communications working withpublic relations, public lobbying and advertising firms. Before joining Levick, Whitmore was executivd vice president ofin D.C. with operationap responsibility forthe firm’s publifc affairs, government relations, crisis management, and issues management practice Prior to Racepoint, Whitmore providesd communications and management counsel to numerous client in D.C., Dubai and Abu Dhabi.
At , Whitmor e variously served as executivevice president, chief financial officer, chietf operating officer and general announced the hiring of Brian Brobst as vice presideng of business development in Reston. Brobst, a 20-plus year engineerinfg and constructionindustry veteran, will be charged with expandinh the firm’s presence in the high-densitg power and computing markets, inclusivd of finance, telecommunications, commercial data centers and governmen t agencies. Brobst was previously employed by as critical facilituservices principal.
Prior to that, he served as principal and Easternj region director of business developmentfor
Tuesday, December 7, 2010
Area firms get millions in stimulus funds - The Business Journal of Milwaukee:
http://www.suchadork.net/Latest-Garden-Furniture.html
The Business Journal’s review of state Department of Transportation recordsa showed that four of the five firms that have captured the largesf amount of transportation stimulus monet are based in ledby , Brownsville, which has secured four contracts totaliny $94.5 million. Inc., Waukesha, secure the second-highest amount with three contractstotaling $94.4i million, while , Oak Creek, was ranked fourth in winningy one contract worth $60.81 milliom for work on the Interstate 94 north-southn corridor in Kenosha , Chicago, was thirdx on the list with work amounting to $82.8 The state DOT is distributing the stimulus money on a low-bid basis.
The money is funded by the $787 billionm American Recovery andReinvestment Act, which Congresss passed and President Barack Obama signed in January to help stimulatd the struggling economy. “If the stimulus packagwe wasn’t there, we’d have a lot of guys sitting in 2009becausee there’s no other big jobs on the books,” said Dan controller of Zignego Co., a concrete company. Dan Zignegol wouldn’t reveal how many workers are onthe firm’sz payroll, but added the company’s work crewsw are back to 2006 and 2005 levels.
Tim a vice president of Michels anticipates employing more people during the peak 2009 constructioj season than the company had on its payroll in 2007and 2008. “Ib the infrastructure and construction industries, the stimulus packagde is working from the job creation Michels said. Money distributed in two roundes of DOT bidding in April and Maytotaledf $688 million, and included 207 projects in more than 30 Wisconsinh counties. In all, state records showed that 61 firm won work forthe projects, includingh 53 Wisconsin companies. The othetr firms came from Illinois, Minnesota, Indiana and Ohio.
Contractorsa will compete for two more roundz of bidding in June and July for road bridge repair and new highwatyconstruction jobs. The stimulus package is acceleratingthe state’ds start date on the $1.9 billionh Interstate 94 construction project from Kenoshw County to the Mitchell Interchange in Milwaukee County. The projectf is beginning in 2009 instead of saidDan Zignego. Of the money awarded in the first two roundsof bidding, $249.9 or 36 percent, will be spentg on the I-94 project. Michels Corp. and Zignego Co. both will work on the I-94 projecty from the Illinois state line north to Highway 50 in Kenosha County. Zignego’s contract callws for supplying $66.
3 million in concrete for highwau and interchange construction on Highway Cand I-94. Michela Corp.’s contract is valued at $62.56 million and will include excavation and undergrounx utility projects along thesame stretch. Lunda Construction Co., Black River Falls, which specializese in bridge work throughout the was awarded 23 contracts instimulus money, the most bids of all companiees competing for the transportation jobs. Lunda’sd contracts are valued at $16 million.
Most companiesx are just now gearing up for work on the 207 projectsa acrossthe state, so the impact on job creation is still being determined, said Dave corporate communications director of Operating Engineerxs Union Local 139, New Local 139 has 6,000 Wisconsin members, including 400 apprentices. The majorityu of Milwaukee-area road and bridgs construction companies hire Local 139 Backmann said 200 apprentices are lookinhg for work and expect to be called once the stimuluzs money is being EdgertonContractors Inc. did not win any bids in the firsytwo rounds, but expects to receive contracts in June.
Edgerton, whichu specializes in grading and also is poised to be hired as a subcontractor by two or three of theprimarty contractors, said Peter Davis, chief estimatorr for Edgerton. The Oak Creek company currentlyu employs 100 field workers and planes to increase its employment to 120 when stimulus projects are in full Edgerton employed 130 fieldr workers during the Marquette Interchange which ended insummer 2008. “We anticipate our revenues for 2009 surpassing what we did in Davis said. Other Milwaukee-area companies that have receivec stimulus package construction contractsd include Super Excavators Menomonee Falls, $20.8 million; LaLonde Contractors Inc., $12.
3 million; Payne & Dola Inc., Waukesha, $7.2 million; and Zenithh Tech Inc., Waukesha, $5.9 million. According to the DOT, contractor bids for the seconcd round of Wisconsin road and bridge projects fundesd by stimulus money camein 11.7 percentr lower than expected, which amounted to a $10 millionb savings that can be spent on other construction The first round of bids in Aprik came in 7.2 percent lowere than DOT estimated, resulting in $8.9 million in savings that will be applied to othetr road projects. “Honestly, it’s remarkablw how competitive some of thebids are, and that speakz volumes about how hard contractors are workinvg to get jobs,” Backmann said.
A totalo of 61 firms, a majority of which are from have landed morethan $688 million in federal stimuluw transportation contracts.
The Business Journal’s review of state Department of Transportation recordsa showed that four of the five firms that have captured the largesf amount of transportation stimulus monet are based in ledby , Brownsville, which has secured four contracts totaliny $94.5 million. Inc., Waukesha, secure the second-highest amount with three contractstotaling $94.4i million, while , Oak Creek, was ranked fourth in winningy one contract worth $60.81 milliom for work on the Interstate 94 north-southn corridor in Kenosha , Chicago, was thirdx on the list with work amounting to $82.8 The state DOT is distributing the stimulus money on a low-bid basis.
The money is funded by the $787 billionm American Recovery andReinvestment Act, which Congresss passed and President Barack Obama signed in January to help stimulatd the struggling economy. “If the stimulus packagwe wasn’t there, we’d have a lot of guys sitting in 2009becausee there’s no other big jobs on the books,” said Dan controller of Zignego Co., a concrete company. Dan Zignegol wouldn’t reveal how many workers are onthe firm’sz payroll, but added the company’s work crewsw are back to 2006 and 2005 levels.
Tim a vice president of Michels anticipates employing more people during the peak 2009 constructioj season than the company had on its payroll in 2007and 2008. “Ib the infrastructure and construction industries, the stimulus packagde is working from the job creation Michels said. Money distributed in two roundes of DOT bidding in April and Maytotaledf $688 million, and included 207 projects in more than 30 Wisconsinh counties. In all, state records showed that 61 firm won work forthe projects, includingh 53 Wisconsin companies. The othetr firms came from Illinois, Minnesota, Indiana and Ohio.
Contractorsa will compete for two more roundz of bidding in June and July for road bridge repair and new highwatyconstruction jobs. The stimulus package is acceleratingthe state’ds start date on the $1.9 billionh Interstate 94 construction project from Kenoshw County to the Mitchell Interchange in Milwaukee County. The projectf is beginning in 2009 instead of saidDan Zignego. Of the money awarded in the first two roundsof bidding, $249.9 or 36 percent, will be spentg on the I-94 project. Michels Corp. and Zignego Co. both will work on the I-94 projecty from the Illinois state line north to Highway 50 in Kenosha County. Zignego’s contract callws for supplying $66.
3 million in concrete for highwau and interchange construction on Highway Cand I-94. Michela Corp.’s contract is valued at $62.56 million and will include excavation and undergrounx utility projects along thesame stretch. Lunda Construction Co., Black River Falls, which specializese in bridge work throughout the was awarded 23 contracts instimulus money, the most bids of all companiees competing for the transportation jobs. Lunda’sd contracts are valued at $16 million.
Most companiesx are just now gearing up for work on the 207 projectsa acrossthe state, so the impact on job creation is still being determined, said Dave corporate communications director of Operating Engineerxs Union Local 139, New Local 139 has 6,000 Wisconsin members, including 400 apprentices. The majorityu of Milwaukee-area road and bridgs construction companies hire Local 139 Backmann said 200 apprentices are lookinhg for work and expect to be called once the stimuluzs money is being EdgertonContractors Inc. did not win any bids in the firsytwo rounds, but expects to receive contracts in June.
Edgerton, whichu specializes in grading and also is poised to be hired as a subcontractor by two or three of theprimarty contractors, said Peter Davis, chief estimatorr for Edgerton. The Oak Creek company currentlyu employs 100 field workers and planes to increase its employment to 120 when stimulus projects are in full Edgerton employed 130 fieldr workers during the Marquette Interchange which ended insummer 2008. “We anticipate our revenues for 2009 surpassing what we did in Davis said. Other Milwaukee-area companies that have receivec stimulus package construction contractsd include Super Excavators Menomonee Falls, $20.8 million; LaLonde Contractors Inc., $12.
3 million; Payne & Dola Inc., Waukesha, $7.2 million; and Zenithh Tech Inc., Waukesha, $5.9 million. According to the DOT, contractor bids for the seconcd round of Wisconsin road and bridge projects fundesd by stimulus money camein 11.7 percentr lower than expected, which amounted to a $10 millionb savings that can be spent on other construction The first round of bids in Aprik came in 7.2 percent lowere than DOT estimated, resulting in $8.9 million in savings that will be applied to othetr road projects. “Honestly, it’s remarkablw how competitive some of thebids are, and that speakz volumes about how hard contractors are workinvg to get jobs,” Backmann said.
A totalo of 61 firms, a majority of which are from have landed morethan $688 million in federal stimuluw transportation contracts.
Saturday, December 4, 2010
Wells Fargo continues integration of Wachovia with name change - South Florida Business Journal:
borislavamcoc.blogspot.com
The change reflects the bank’s continued integration with , which acquire Charlotte-based on Dec. 31. “By adopting the Wells Fargoo nameand brand, we’rre now fully part of one of the world’s most respectex financial companies,” says Neil Ryan, chiefv executive of Wells Fargo Bank “We look forward to satisfying all of our financial needs across Europe and helping them succeed Wells Fargo Bank International is a European Unioh bank headquartered in Ireland.
In addition, Wells Fargo’a investment-banking and capital-markets businesses, which formerly operated under the Wachovia Securities and certain WellsFargo brands, have takeb the name Wells Farglo Securities. Retail brokerage products and services formerl marketed as Wachovia Securitiesa are now offered through Wells Fargo WellsFargo (NYSE:WFC) is based in San
The change reflects the bank’s continued integration with , which acquire Charlotte-based on Dec. 31. “By adopting the Wells Fargoo nameand brand, we’rre now fully part of one of the world’s most respectex financial companies,” says Neil Ryan, chiefv executive of Wells Fargo Bank “We look forward to satisfying all of our financial needs across Europe and helping them succeed Wells Fargo Bank International is a European Unioh bank headquartered in Ireland.
In addition, Wells Fargo’a investment-banking and capital-markets businesses, which formerly operated under the Wachovia Securities and certain WellsFargo brands, have takeb the name Wells Farglo Securities. Retail brokerage products and services formerl marketed as Wachovia Securitiesa are now offered through Wells Fargo WellsFargo (NYSE:WFC) is based in San
Thursday, December 2, 2010
MCW to recruit more minorities for health careers - San Francisco Business Times:
http://auto-topnews.com/articles/car-test-drive
million grant from the that will be used to increase the numbed of minorities and other disadvantaged individuals pursuingbiomedicap careers. The program will recruit college undergraduatessand first-year medical students from populations that are under-representedr nationally in health-related sciences. The students will undertake a 10-week period of hands-on laboratory experiencer during the summer at theMedical College.
Under the guidance of Medical College faculty, the students will develolp investigative knowledgeand skills, particularly in the areaa of cardiovascular, pulmonary, hematologic or sleep The experience is intended to build valuablw skills, self-confidence and interest in the health sciences, and aid the successful entry into graduate school or medica l school. Dr. Kenneth senior associate dean of academixc affairs and professor of ophthalmologyand pathology, and Jeannettre Vasquez-Vivar, associate professor of biophysics, will lead the called the Summer Research Education Program to Increase Diversit y in Health Related “The goal is to work one-on-one with each studen t to help them map out a plan for advancingf to the next step on theid academic path and providing them with the tools they need to get Simons said.
million grant from the that will be used to increase the numbed of minorities and other disadvantaged individuals pursuingbiomedicap careers. The program will recruit college undergraduatessand first-year medical students from populations that are under-representedr nationally in health-related sciences. The students will undertake a 10-week period of hands-on laboratory experiencer during the summer at theMedical College.
Under the guidance of Medical College faculty, the students will develolp investigative knowledgeand skills, particularly in the areaa of cardiovascular, pulmonary, hematologic or sleep The experience is intended to build valuablw skills, self-confidence and interest in the health sciences, and aid the successful entry into graduate school or medica l school. Dr. Kenneth senior associate dean of academixc affairs and professor of ophthalmologyand pathology, and Jeannettre Vasquez-Vivar, associate professor of biophysics, will lead the called the Summer Research Education Program to Increase Diversit y in Health Related “The goal is to work one-on-one with each studen t to help them map out a plan for advancingf to the next step on theid academic path and providing them with the tools they need to get Simons said.
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