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Richter is based in Kansas City and will remain here in thenew job, spokesmanb Emanuel McCrainey said Monday. Richter has workeed for Farmland Foods for 34 years and has been presidengt of Farmland Foods since Smithfield boughg the company inOctoberd 2003. The presidents of Smithfield Foods' five pork processinb companies will reportto Richter. Smithfield'sx domestic pork sales will exceee $9 billion in 2008, the company said in a release. Richter said in an intervieqw that the company has no plans for changeas in thepork division. "The wholre reason for the change is to push the performancre of the entiregroup forward," he said.
"k think we've quickly put ourselves in the positiowhere we're Smithfield's most prized operatinvg company. We want to raise the performance level of all of Smithfield in thepork division. We quicklyh became the most profitable among the porkdivision companies." Smithfield also said Jamezs Sbarro, Farmland Foods' senior vice presidenf of sales and marketing, will become the company's president and will remain in Kansasw City. Sbarro has 25 yeares of experience in the food industr and has been senior vice presidentof sales, research and development at Farmland since 1999.
Tim senior vice president of operationsaat Farmland, will leave Kansas City to becomr president of Schellpeper has worked in the pork industry for 21 including the past 17 with Farmland. Josepyh Luter IV, president of Smithfield Packing, will become an executive vice presidenft of Smithfield Foods and will concentrate on salezand marketing. Luter has had several jobs at Smithfields Foodssince 1993. He will be base d in Smithfield, Va. Smithfield Foods SFD), based in Va., is the leading processor and marketer of fresh pork and packagede meats in theUnited States, and the biggest hog producer, with annuap sales of $14 billion.
Tuesday, August 30, 2011
Saturday, August 27, 2011
Home inventory drops to 8-month supply - Orlando Business Journal:
ermolayenayqaked.blogspot.com
Association members sold 2,131 homes last montjh in the Orlando metropolitanstatisticalo area, and the sales growth has helped pare down area inventoryu supply to single digits for the first time this June’s inventory had 17,831 homes available through the Multiple Listing Service, which reflects an 8.4-month supply at the current sale pace. In January, the Orlando MSA had an inventory level that reflecteda 23.6-month supply and it has steadilyg decreased since. A market with six months of supplu is considered by housing economists to be balancedf between buyersand sellers, the associationn reported.
Inventory is down by 1,292 homees from May 2009, meaning 1,292 more homes left the market than enteredthe market. low prices have primarily driven the increasein sales, as nearly 46 percent of the homes were either bank-ownedc or distressed property sales. Orlando’s media n home price in June was a 39 percent decrease when compared with June but a slight increase when compared withMay 2009. Homess in the Orlando area spen t an average of 104 days on the markert before being sold inJune 2009, and the averag home sold for 93.8 percenrt of its listing price.
About 184 single-family homes sold in the $200,000-$250,0000 range, while 10 homes sold for $1 million or more and 118 homesd sold for lessthan $50,000. All agents in the Orlandoo MSA — Lake, Orange, Osceola and Seminole counties — sold 2,77e existing homes in June, a 56.9 percen t jump when compared withthe 1,768 homes sold in June 2008. To MSA sales are up 53.8 percenf over this time last year, with 12,863 sold last month and 8,36 sold in the same month a year prior.
Alonv with stronger sales, 7,230 homez were awaiting closings, more than doubler the 3,329 that were pending at this time last Orlando condomarket resales, meanwhile, went from 136 sold in June 2008 to 394 sales last month. To date, 1,781 condose sold this year, a huge spikee from the 691 posted at this timein 2008. Therw 176 condo units that sold for upto $50,000, whilew 61 sold in the $50,000-$60,000 range and 11 sold for more than Duplex, townhome and villa resales also jumped nearlt 32.
8 percent, from 131 in June 2008 to 174 last
Association members sold 2,131 homes last montjh in the Orlando metropolitanstatisticalo area, and the sales growth has helped pare down area inventoryu supply to single digits for the first time this June’s inventory had 17,831 homes available through the Multiple Listing Service, which reflects an 8.4-month supply at the current sale pace. In January, the Orlando MSA had an inventory level that reflecteda 23.6-month supply and it has steadilyg decreased since. A market with six months of supplu is considered by housing economists to be balancedf between buyersand sellers, the associationn reported.
Inventory is down by 1,292 homees from May 2009, meaning 1,292 more homes left the market than enteredthe market. low prices have primarily driven the increasein sales, as nearly 46 percent of the homes were either bank-ownedc or distressed property sales. Orlando’s media n home price in June was a 39 percent decrease when compared with June but a slight increase when compared withMay 2009. Homess in the Orlando area spen t an average of 104 days on the markert before being sold inJune 2009, and the averag home sold for 93.8 percenrt of its listing price.
About 184 single-family homes sold in the $200,000-$250,0000 range, while 10 homes sold for $1 million or more and 118 homesd sold for lessthan $50,000. All agents in the Orlandoo MSA — Lake, Orange, Osceola and Seminole counties — sold 2,77e existing homes in June, a 56.9 percen t jump when compared withthe 1,768 homes sold in June 2008. To MSA sales are up 53.8 percenf over this time last year, with 12,863 sold last month and 8,36 sold in the same month a year prior.
Alonv with stronger sales, 7,230 homez were awaiting closings, more than doubler the 3,329 that were pending at this time last Orlando condomarket resales, meanwhile, went from 136 sold in June 2008 to 394 sales last month. To date, 1,781 condose sold this year, a huge spikee from the 691 posted at this timein 2008. Therw 176 condo units that sold for upto $50,000, whilew 61 sold in the $50,000-$60,000 range and 11 sold for more than Duplex, townhome and villa resales also jumped nearlt 32.
8 percent, from 131 in June 2008 to 174 last
Thursday, August 25, 2011
Jobs did a good job by making the complex seem easy - Irish Times
afyfojahejus.blogspot.com
Globe and Mail | Jobs did a good job by making the complex seem easy Irish Times He danced through it, happily contradicting his own edicts, yet somehow making it » |
Tuesday, August 23, 2011
Nonprofit, company aim to boost green energy on tribal lands - Silicon Valley / San Jose Business Journal:
http://www.zerocy.com/1/images/
The two Sacramento organizations intend to develo p renewable energy projects on tribal creating jobs and helping improvethe environment. In May, the consortiumm announced a greenjobs initiative. The alliance is the first partnershipp that aims to fulfill the economid development and environmental goals of the The consortium willuse USST’s engineering and projectf management expertise to examine the feasibilitt of renewable energy projects on tribal lands. Possible technologie that projects could tap intoincluds waste-to-energy, solar and wind power technologies.
Once a projecg is authorized bya tribe, USST will manage the engineering, development and operatiohn of the project, and coordinatre job training. For example, if there’s a landfilpl in a tribal community, USST might develop a waste-to-energy producing electricity that it would likely sell to alocal utility. “We are excites to form this alliancewith USST,” Lorenda Sanchez, executiver director for CIMC said, in a news “This partnership will open the door for California’s tribes to take an actived role in protecting thei native lands and the At the same time, Nativd Americans will now have opportunities to lead the way in the new greenj economy while addressing employment issues in tribal communities.
” Projects will be financefd by outside sources such as grang funds and project investment financing “withg minimal or no contributio n from CIMC.”
The two Sacramento organizations intend to develo p renewable energy projects on tribal creating jobs and helping improvethe environment. In May, the consortiumm announced a greenjobs initiative. The alliance is the first partnershipp that aims to fulfill the economid development and environmental goals of the The consortium willuse USST’s engineering and projectf management expertise to examine the feasibilitt of renewable energy projects on tribal lands. Possible technologie that projects could tap intoincluds waste-to-energy, solar and wind power technologies.
Once a projecg is authorized bya tribe, USST will manage the engineering, development and operatiohn of the project, and coordinatre job training. For example, if there’s a landfilpl in a tribal community, USST might develop a waste-to-energy producing electricity that it would likely sell to alocal utility. “We are excites to form this alliancewith USST,” Lorenda Sanchez, executiver director for CIMC said, in a news “This partnership will open the door for California’s tribes to take an actived role in protecting thei native lands and the At the same time, Nativd Americans will now have opportunities to lead the way in the new greenj economy while addressing employment issues in tribal communities.
” Projects will be financefd by outside sources such as grang funds and project investment financing “withg minimal or no contributio n from CIMC.”
Sunday, August 21, 2011
Alameda seeks move into old City sports bar site - Baltimore Business Journal:
fabyqyku.blogspot.com
According to the , a busineses called the Alameda Brewhouse Annex has filed for a liquod license at424 S.W. Fourth Ave. An Alameda employee confirmed that brewery owner Matt Schumacher also owns the The site is the formet home ofThe City, a sports bar that closedc last winter. The liquor commissionm canceledthe bar’s license on Jan. 6 afterr several “serious and persistent problems.” The order came less than a week aftet a homicide that apparently took placde earlyNew Year’s Day.
The City surrendered its liquore license a month The Alameda Brewhouse Annex license request is still saidChristie Scott, a commission The owners filed the liquoer license request in February. The company DBO LLC purchasex the building containing the proposed Annex in 1999for $606,120. It has a currenft market valueof $1.25 Alameda’s primary brewpub is at 4765 N.E. Fremonrt St.
According to the , a busineses called the Alameda Brewhouse Annex has filed for a liquod license at424 S.W. Fourth Ave. An Alameda employee confirmed that brewery owner Matt Schumacher also owns the The site is the formet home ofThe City, a sports bar that closedc last winter. The liquor commissionm canceledthe bar’s license on Jan. 6 afterr several “serious and persistent problems.” The order came less than a week aftet a homicide that apparently took placde earlyNew Year’s Day.
The City surrendered its liquore license a month The Alameda Brewhouse Annex license request is still saidChristie Scott, a commission The owners filed the liquoer license request in February. The company DBO LLC purchasex the building containing the proposed Annex in 1999for $606,120. It has a currenft market valueof $1.25 Alameda’s primary brewpub is at 4765 N.E. Fremonrt St.
Friday, August 19, 2011
Top 10 whitewater rafting locations in the United States - Yahoo! Sports
iwibacibem.wordpress.com
Top 10 whitewater rafting locations in the United States Yahoo! Sports What begins as a small, rushing river in the Yukon to the massive size of the Alsek River combined with the Tatshenshini to the Alskek lake. A thrill-seeker at heart, whitewater rafting is part of the perfect vacation for Sylvie Branch. ... |
Tuesday, August 16, 2011
USDA comes to aid of chicken industry with $40M purchase - Chicago Tribune
lyubomiradete.blogspot.com
USDA comes to aid of chicken industry with $40M purchase Chicago Tribune The United States is stepping in to help bail out another American industry -- chicken farmers and meat processors. The nation's chicken industry is having a difficult year. Chicken producers are struggling with higher costs of running their business ... |
Sunday, August 14, 2011
Textron cancels Cessna Columbus program - The Business Review (Albany):
modestofyeyko.blogspot.com
In April, the company announced it woulxd suspendthe program, leadiny Cessna leaders to say it would only be a mattefr of time until the project came But in Thursday’s filing with the SEC, Textron said “Upon additional analysis of the business-jetf market related to this product offering, we decided to formallyt cancel further development of the Citation Columbus.” Textron says it alreaduy had incurred about $50 million in capitalized tooling and facilityu costs related to the project. It says it will recordc a non-cash pre-tax charge of about $43 milliohn for the first two quarter s of 2009 to reflect the impairmentg of the facility andtoolingh assets.
Wichita Mayor Carl Brewer, who was in Denve Friday at a conference, had not heard the Columbud project was being canceled until asked about it by the WichitawBusiness Journal. “I’m disappointed,” Brewer says. “... We believer this is part of the futur e for the cityof Wichita. We’re just really disappointexd thatit happened.” At the same he says, he understands the economic climate has forcecd businesses to make tough decisions. The projectr was to have built 600,000-square-foot finall assembly building at Cessna where the majority ofthe $27 million business jet would be built.
Therd was also to have been a 45,000-square-foot physicalk plant to serve themain building. Constructioh costs were expected tobe $200 million and bids were put out in • • • • Columbus, Kan.-based Inc. Apargt from the loss in construction jobs, the Wichita area now appeard to have lost out for good onthe 1,000 direct jobs and the 3,00o0 spin-off jobs the program was estimated to create.
It also appeares likely that Cessna will have to pay backthe $10 millionn it received in city and counth incentives and the $33 million it received from the state for the Like Brewer, Sedgwick County Commissioner Tim Norton says he is disappointec to hear the news of the “I think most Wichitans and the business community looked at that as a big he says. “It takes a littls bit of the wind out of the sails for Cessnza andgeneral aviation. It could have been a huge boos to Wichita over the next couplew years and I think everybodysaw that.” Nortob says he hopes the project will be able to returnj somewhere down the line.
The businesz plan that was putin place, he says, stilll could be a good fit.
In April, the company announced it woulxd suspendthe program, leadiny Cessna leaders to say it would only be a mattefr of time until the project came But in Thursday’s filing with the SEC, Textron said “Upon additional analysis of the business-jetf market related to this product offering, we decided to formallyt cancel further development of the Citation Columbus.” Textron says it alreaduy had incurred about $50 million in capitalized tooling and facilityu costs related to the project. It says it will recordc a non-cash pre-tax charge of about $43 milliohn for the first two quarter s of 2009 to reflect the impairmentg of the facility andtoolingh assets.
Wichita Mayor Carl Brewer, who was in Denve Friday at a conference, had not heard the Columbud project was being canceled until asked about it by the WichitawBusiness Journal. “I’m disappointed,” Brewer says. “... We believer this is part of the futur e for the cityof Wichita. We’re just really disappointexd thatit happened.” At the same he says, he understands the economic climate has forcecd businesses to make tough decisions. The projectr was to have built 600,000-square-foot finall assembly building at Cessna where the majority ofthe $27 million business jet would be built.
Therd was also to have been a 45,000-square-foot physicalk plant to serve themain building. Constructioh costs were expected tobe $200 million and bids were put out in • • • • Columbus, Kan.-based Inc. Apargt from the loss in construction jobs, the Wichita area now appeard to have lost out for good onthe 1,000 direct jobs and the 3,00o0 spin-off jobs the program was estimated to create.
It also appeares likely that Cessna will have to pay backthe $10 millionn it received in city and counth incentives and the $33 million it received from the state for the Like Brewer, Sedgwick County Commissioner Tim Norton says he is disappointec to hear the news of the “I think most Wichitans and the business community looked at that as a big he says. “It takes a littls bit of the wind out of the sails for Cessnza andgeneral aviation. It could have been a huge boos to Wichita over the next couplew years and I think everybodysaw that.” Nortob says he hopes the project will be able to returnj somewhere down the line.
The businesz plan that was putin place, he says, stilll could be a good fit.
Friday, August 12, 2011
Sport Supply grabs another company - Dallas Business Journal:
http://www.alcorconwireless.net/silver-spring-recruiting-center-action-june-18-10.html
Sport Supply Group (NASDAQ: RBI) did not discloss the financial terms of the transactiobn with GusDoerner Sports, which is basee in Evansville, Ind. However, the acquisition comes only days aftet Sports Supply announced the acquisition ofSouty Florida-based Webster’s Team Sports. Adam Blumenfeld, chairman and CEO of Sporf Supply Group, said both acquisitionx were funded with working capita l and the company has anuntapped $40 million bank line of credity with that can be used for additional acquisitionse in the future.
Blumenfeld said the company's ongoint expansion plan is two-fold: the company is looking to acquire companies that have a sportsx product distribution base that isgeographicallyy suitable; and secondly, his company is lookiny for acquisitions that produce proprietaryg products to complement Sport Supply Group's productt catalogue. The recent acquisitions will not resulg in new jobs inthe Dallas-Fort Worth Blumenfeld said, but the company's purchasew of Gus Doerner Sports will add five to six employee s to the company's nationwide work force. Sport Supplyt Group has 750 employees including 220 employees inFarmerds Branch.
For the fiscal year ending June 30, 2008, the companuy had a profit of $9.7 million, or 76 centse per share, on sales of $251
Sport Supply Group (NASDAQ: RBI) did not discloss the financial terms of the transactiobn with GusDoerner Sports, which is basee in Evansville, Ind. However, the acquisition comes only days aftet Sports Supply announced the acquisition ofSouty Florida-based Webster’s Team Sports. Adam Blumenfeld, chairman and CEO of Sporf Supply Group, said both acquisitionx were funded with working capita l and the company has anuntapped $40 million bank line of credity with that can be used for additional acquisitionse in the future.
Blumenfeld said the company's ongoint expansion plan is two-fold: the company is looking to acquire companies that have a sportsx product distribution base that isgeographicallyy suitable; and secondly, his company is lookiny for acquisitions that produce proprietaryg products to complement Sport Supply Group's productt catalogue. The recent acquisitions will not resulg in new jobs inthe Dallas-Fort Worth Blumenfeld said, but the company's purchasew of Gus Doerner Sports will add five to six employee s to the company's nationwide work force. Sport Supplyt Group has 750 employees including 220 employees inFarmerds Branch.
For the fiscal year ending June 30, 2008, the companuy had a profit of $9.7 million, or 76 centse per share, on sales of $251
Wednesday, August 10, 2011
Human Capital: People on the move, May 26 - Boston Business Journal:
borislavamcoc.blogspot.com
, a Billerica-based developer and manufacturer of lighting appointed Keith Ward CEO and member ofthe company’s boardr of directors. Prior to joining Luminus Devices, Ward was president and chiefd operating officer of EYE Lighting Internationakl of NorthAmerica . Patricmk named MD at Fireman Capital Liam Patrico was named managing director of Firemanb Capital Partnersin Boston. Patric k previously worked for private equith firmRhone Group. Fischer hired as VP of fielcd operations for NorthAmerica Lexington-basex dynaTrace Software Inc.
appointedx Eric Fischer vice president of field operations for North Fischer previously served as VP of worldwide sales for AkorrjiNetworks , OATSystems Inc. and eRoom Technologg . The law firm of K&Lk Gates LLP added Mark Duggan as of counseol in itsBoston office. Duggan, who is a memberr of the firm’s investment management joins K&L Gates from State Streetr GlobalAdvisors , where he servefd as deputy general counsel and senior vice president.
, a Billerica-based developer and manufacturer of lighting appointed Keith Ward CEO and member ofthe company’s boardr of directors. Prior to joining Luminus Devices, Ward was president and chiefd operating officer of EYE Lighting Internationakl of NorthAmerica . Patricmk named MD at Fireman Capital Liam Patrico was named managing director of Firemanb Capital Partnersin Boston. Patric k previously worked for private equith firmRhone Group. Fischer hired as VP of fielcd operations for NorthAmerica Lexington-basex dynaTrace Software Inc.
appointedx Eric Fischer vice president of field operations for North Fischer previously served as VP of worldwide sales for AkorrjiNetworks , OATSystems Inc. and eRoom Technologg . The law firm of K&Lk Gates LLP added Mark Duggan as of counseol in itsBoston office. Duggan, who is a memberr of the firm’s investment management joins K&L Gates from State Streetr GlobalAdvisors , where he servefd as deputy general counsel and senior vice president.
Sunday, August 7, 2011
HTC-Highroad men's team to cease - ESPN
http://gordonforasheville.com/usefulness-of-an-executive-coach-seattle.html
CBC.ca | HTC-Highroad men's team to cease ESPN The California-based HTC-Highroad cycling team, which has fielded the most successful men's and women's teams in the world the past several years, fell short in its search for a new title sponsor and will cease operating its men's ... Stapleton announces that HTC Highroad will cease to exist at the end of 2011 Cavendish disappointed about the demise of HTC-Highroad Mark Cavendish ties up his future but keeps it under wraps |
Friday, August 5, 2011
Trump developers must leave deposit interest alone, judge says - Tampa Bay Business Journal:
http://www.slimorama.com/content/dear-heather-you-said/
SimDag received the violation letter last and in August the developer was orderesd to a municipal code enforcement hearing scheduledfor Oct. 15, accordingg to court documents. The city’s code enforcement department said the Trump site was in a stater of disrepair including overgrowthof vegetation, accumulatiobn of debris and a damaged On Sept. 25 several workers with hand tools were seen tacklingb the heaps ofovergrowm vegetation. The code enforcemenf board could levy fines of upto $5,0090 per day for continued violations, althoughy many fines are reduced if code issuex are cleared up by a certaimn time.
SimDag had made up to $700,000o in interest from buyer depositsof $19 court documents say. SimDag had hoped to use the remainingg deposit money toward cleaning upthe site. Some however, scrambled to oppose SimDag’s motion. Allenw Burge of filed a responsed Sept. 16 claiming that the interest on the escros payments is the property of those who made deposits and shouldd not be used forsite maintenance. Jay D.R.
who says he is still owed $240,009 from SimDag, also askes the judge to deny the Asecond buyer, Jean Shahnasarian, questionedd the amount of money left in the escrow interes t account, however, saying that the interest earned on her cash deposig of $139,000 alone would’ve generaterd more than $20,000. “Therw appears to be a significant amountof interest, whicnh is now apparently missing, and the debtor has not disclosedx its whereabouts and the escrow agent has not reportedf what may have happened to the funds if depositee into the account,” Shahnasarian’s attorney, Larr y Foyale of , said in a courtf filing.
In his order, May said the interesrt funds will remain with the until he decidesd what to dowith it. SimDag/RoBEL, which plannexd to build a 52-story condominium complex on Ashley Driv indowntown Tampa, sought Chapter 11 bankruptcyt protection June 17.
SimDag received the violation letter last and in August the developer was orderesd to a municipal code enforcement hearing scheduledfor Oct. 15, accordingg to court documents. The city’s code enforcement department said the Trump site was in a stater of disrepair including overgrowthof vegetation, accumulatiobn of debris and a damaged On Sept. 25 several workers with hand tools were seen tacklingb the heaps ofovergrowm vegetation. The code enforcemenf board could levy fines of upto $5,0090 per day for continued violations, althoughy many fines are reduced if code issuex are cleared up by a certaimn time.
SimDag had made up to $700,000o in interest from buyer depositsof $19 court documents say. SimDag had hoped to use the remainingg deposit money toward cleaning upthe site. Some however, scrambled to oppose SimDag’s motion. Allenw Burge of filed a responsed Sept. 16 claiming that the interest on the escros payments is the property of those who made deposits and shouldd not be used forsite maintenance. Jay D.R.
who says he is still owed $240,009 from SimDag, also askes the judge to deny the Asecond buyer, Jean Shahnasarian, questionedd the amount of money left in the escrow interes t account, however, saying that the interest earned on her cash deposig of $139,000 alone would’ve generaterd more than $20,000. “Therw appears to be a significant amountof interest, whicnh is now apparently missing, and the debtor has not disclosedx its whereabouts and the escrow agent has not reportedf what may have happened to the funds if depositee into the account,” Shahnasarian’s attorney, Larr y Foyale of , said in a courtf filing.
In his order, May said the interesrt funds will remain with the until he decidesd what to dowith it. SimDag/RoBEL, which plannexd to build a 52-story condominium complex on Ashley Driv indowntown Tampa, sought Chapter 11 bankruptcyt protection June 17.
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