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The DOT signed off on 36 projectsx valued atabout $50 million, including four resurfacinvg jobs in metro Atlanta worth more than $2.6 million. The locapl work will be done on Georgia highways 92 and 139 inFultonh County, U.S. 19 in Claytoh County and Georgia Highway 20 inRockdals County. Three of the four contracts wentto , whilwe the fourth was awarded to In selecting projectss to fund with federal stimulus the DOT looked for highway improvements that coulrd be started as quickly as Such “shovel-ready” projects tend to be those that don’t involve new construction, which requires extensive environmentak impact studies.
“This is all about creating jobs especially (in) those areas considered economicallt depressed,” said State Transportation Boardr member Dana Lemon of McDonough, who represents Georgia’se 13th Congressional District, which received one of the project awards on The DOT is responsible for 70 percent of the $932 millio in highway system stimulus funds allocated to with the rest going to the state’s 15 metropolitan planningg organizations, including the .
Tuesday, January 31, 2012
Sunday, January 29, 2012
QualityTech computes data center growth - bizjournals:
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The Overland Park-based firm has mapped out a $75 millionm to $100 million investment in existint data center facilities in the next year and could spendabout $50 million on real estate or company acquisitions in the next 12 to 18 Chairman and CEO Chad Williamsd said. Those plans come on the heels of investments already made in the past year fora $50 millionm facility in Miami and a $20 milliob upgrade to a Santa Clara, Calif., facility. “We’ve very quietly grow from a couple of real estate acquisitions to a nationao leader indata centers,” Williamx said. “In a challenged economic environment, our footprinf has expanded to 11different locations.
” QualityTech, founded in Septemberf 2005, has gained at a swift clip. In it posted revenue of $35.8 Last year, that number had burgeoned to $119. 7 million. The projection for 2009: roughl $150 million. That’s assuming a checked growth pace of abouf25 percent, down from 37 percenyt last year. Essentially, QualityTech provides information technology outsourcing It sells large chunksd of wholesale datacenter space, and it retailes smaller spaces to small and midsizre businesses. In addition, it offers a broad managed-services which handles anything from network security to storagedto applications. QualityTech also has a new model that offerd data capacityas needed.
The company is a significant player in its which continues to growas cash-strapped companies look to outsource IT functions, said analyst Dan Golding, a vice president of New York-basedc Tier1 Research. Tier1 expects data center revenue to grow about 10 percentto $8 billiobn this year; QualityTech’s 25 percent growth predictionm is aggressive but attainable, Golding said. The industrgy promises tremendous growth during the next decaddeor so, he said. Its penetration now is in the low single-digiy percentages, but companies that check in rarely “For 95 percent of companies, outsourcingt is just going to work betterd in thelong run,” Goldinbg said.
“It’s purely an economic issue.” QualityTech’zs planned projects — adding power and space will bein Atlanta, Santa Clara and Jersey N.J. All told, the improvements will add abourt 250,000 square feet of raised-floor data center space, bringing the total raised-floor space (wher servers can be stored) to about 1 million squares feet. That’s out of a total of 2 milliom square feet the coompanyowns nationwide. “We certainlyy have demand within our current portfolio for certaih customersto grow,” Williams said.
“We’re also buildinh space we can lease because of the demandccurve — demand we see in the marketplacre today that’s real deman and has no supply.” Data centersd are expensive to build, costing about $1,30 0 a square foot, Golding Then there’s the acquisition potential. “We actually feel over the next 12 to18 months, that it’s goingg to be a great opportunity for us to add locationss in the U.S.,” Williames said. “We are currently looking at other data cente operators to buy and also additional real estate that wecoulr convert.
” The Achilles’ heel of the booming industr y has been the credit crunch, which will make some smalleer companies prime buyout candidates. Fortunatel for privately owned QualityTech, it has accesas to its profits, backing by the Williams family and banking relationships withOverland Park-based and , Williams said. The pending outlays will be a combination of equituyand debt, he said. “The data center industryh is one ofthose that’s been seeing a lot of impacg — the potential for a lot of growtb actually being dampened by the ability to get Golding said. “(QualityTech) has the advantage therr — it has deep-pockef private backers.
Not everyone has that.” Other local data center and managed-services companies also have experienced torridx growth inthe downturn. ’s revenuse is up 60 percent yearto year, and it’d about a third of the way through a $1 millionm upgrade of its Kansas City, facility. Early next year, plans to completde a $12 million data center in Lenexa; its existingh Overland Park and Lenexa facilitiese arenearly full.
“The industry is really growing,” Arsalom founding partner GaryHall
The Overland Park-based firm has mapped out a $75 millionm to $100 million investment in existint data center facilities in the next year and could spendabout $50 million on real estate or company acquisitions in the next 12 to 18 Chairman and CEO Chad Williamsd said. Those plans come on the heels of investments already made in the past year fora $50 millionm facility in Miami and a $20 milliob upgrade to a Santa Clara, Calif., facility. “We’ve very quietly grow from a couple of real estate acquisitions to a nationao leader indata centers,” Williamx said. “In a challenged economic environment, our footprinf has expanded to 11different locations.
” QualityTech, founded in Septemberf 2005, has gained at a swift clip. In it posted revenue of $35.8 Last year, that number had burgeoned to $119. 7 million. The projection for 2009: roughl $150 million. That’s assuming a checked growth pace of abouf25 percent, down from 37 percenyt last year. Essentially, QualityTech provides information technology outsourcing It sells large chunksd of wholesale datacenter space, and it retailes smaller spaces to small and midsizre businesses. In addition, it offers a broad managed-services which handles anything from network security to storagedto applications. QualityTech also has a new model that offerd data capacityas needed.
The company is a significant player in its which continues to growas cash-strapped companies look to outsource IT functions, said analyst Dan Golding, a vice president of New York-basedc Tier1 Research. Tier1 expects data center revenue to grow about 10 percentto $8 billiobn this year; QualityTech’s 25 percent growth predictionm is aggressive but attainable, Golding said. The industrgy promises tremendous growth during the next decaddeor so, he said. Its penetration now is in the low single-digiy percentages, but companies that check in rarely “For 95 percent of companies, outsourcingt is just going to work betterd in thelong run,” Goldinbg said.
“It’s purely an economic issue.” QualityTech’zs planned projects — adding power and space will bein Atlanta, Santa Clara and Jersey N.J. All told, the improvements will add abourt 250,000 square feet of raised-floor data center space, bringing the total raised-floor space (wher servers can be stored) to about 1 million squares feet. That’s out of a total of 2 milliom square feet the coompanyowns nationwide. “We certainlyy have demand within our current portfolio for certaih customersto grow,” Williams said.
“We’re also buildinh space we can lease because of the demandccurve — demand we see in the marketplacre today that’s real deman and has no supply.” Data centersd are expensive to build, costing about $1,30 0 a square foot, Golding Then there’s the acquisition potential. “We actually feel over the next 12 to18 months, that it’s goingg to be a great opportunity for us to add locationss in the U.S.,” Williames said. “We are currently looking at other data cente operators to buy and also additional real estate that wecoulr convert.
” The Achilles’ heel of the booming industr y has been the credit crunch, which will make some smalleer companies prime buyout candidates. Fortunatel for privately owned QualityTech, it has accesas to its profits, backing by the Williams family and banking relationships withOverland Park-based and , Williams said. The pending outlays will be a combination of equituyand debt, he said. “The data center industryh is one ofthose that’s been seeing a lot of impacg — the potential for a lot of growtb actually being dampened by the ability to get Golding said. “(QualityTech) has the advantage therr — it has deep-pockef private backers.
Not everyone has that.” Other local data center and managed-services companies also have experienced torridx growth inthe downturn. ’s revenuse is up 60 percent yearto year, and it’d about a third of the way through a $1 millionm upgrade of its Kansas City, facility. Early next year, plans to completde a $12 million data center in Lenexa; its existingh Overland Park and Lenexa facilitiese arenearly full.
“The industry is really growing,” Arsalom founding partner GaryHall
Friday, January 27, 2012
Health care reform details begin to emerge - Silicon Valley / San Jose Business Journal:
bertayfybuqutyp.blogspot.com
percent of the cost of healtbh insurance premiumsfor full-time employees unde r the health care reform bill beint considered by the House. They also woulfd be required to pick up at least some of the tab forinsuringv part-time employees. Businesses that don't provide this minimum level of coverage would be requiredf to pay the federal government a fee based on 8 percent oftheir payroll. Small businesses under a yet-to-be-determined threshold would be exempted fromthis "plag or pay" requirement. How smalol businesses would fare under House healtycare proposal.
Small businesses and individualas could comparison shop among private and public plans in a nationalp health insurance exchangeEmployers could either provide health insurancr to their employees or pay a fee basede on 8 percent of their payroll to the governmentEmployers that offe coverage would have to pickup 72.5 percent of the cost of premiumse for full-time employees and 65 percent for a family policyEmployerws could contribute a share of the expensed of coverage for part-time employees or contribute to the health insurancd exchangeSmall businesses under a size threshold yet to be determinedx would be exempted from the employet responsibility requirementSmall businesses that can'gt afford coverage would get a tax credit to help them pay for it House committees on Ways and Energy and Commerce, and Education and Labotr The chairmen of threre House committees with jurisdiction over health care introduced their drafgt legislation June 19, offering the most detail yet on how health care reform could affect smalk businesses.
Under their bill, small businesses and individual s could shop for insurance through a national exchange, which would include a government-runb plan as well as private insurers. Tax credite would be available to help small businesses affordthe Rep. Henry Waxman, D-Calif., said the legislatiob would fixthe "completely dysfunctional insurance market" for small businesses, which face "unaffordabl rate increases" every year. Waxman chairs the Houswe Energy andCommerce Committee. Health insuranc e premiums for U.S. businesses increased by 9.2 percent this and are expected to increase anotherf 9 percentnext year, accordinfg to PricewaterhouseCoopers.
Small businesses often face much higherrate hikes. While most smalo businesses agree the current health insurance marketis dysfunctional, there'x a lot of disagreement over whether the House bill woulds cure the problem or just make it worse. Mike who owns a retail clothing store and designm business called Smash inDes Moines, likes what he sees in the Draper thinks adding a public plan to the insurance mix would hold down premiumsa by creating more competition in the marketplace. "Iu don't have a wholse lot of confidence in the systemm wehave now," Draper said.
Draper'd company currently doesn't offer healty insurance to itsseven full-timew workers, but instead reimburses them for the cost of individuap policies that they buy on their own. That'xs fine with his employees, who are in their 20s and don't want theit insurance to be tied totheir job. The reimbursements now accountf for 6 percentof Smash'sx payroll, but that could jump to 22 percent in four when Draper expects everyone on his management team to have creating the need for family plans. His business couldn't handle that expense, he said. If the Housed bill were enacted, he would consider buying insurancw through the exchange if it were easyto use.
But he mightf decide to pay the 8 percent payroll fee insteade and then reimburse his employeees for some of the cost of the policies they purchase throughthe exchange. Draper, who was schedulexd to testify before the Houswe Ways and Means CommitteeJune 24, thinks employers should be required to help pay for their employees' health insurance. Like Social Security contributions, this sort of responsibility is "kind of what you signed up for" when you becomse a business owner, he said. Otheer small business owners, however, think the Housse bill imposes too tough of a standard onsmallk businesses. The requirement to pay 72.
5 percent of an employee'sz premium for individual coverage "is much too high for many smallp businesses," said Karen Kerrigan, president and CEO of the Small Business & Entrepreneurship Council. The only way many small businesses can afford coverage is by makinv employees pick up more ofthe cost, she Arlington, Va.-based Company Flowers & Gifts Too!, for pays 50 percent of the cost of health insurancw for seven full-time Even that may not be affordable next year, becausd "our rates are going to skyrocket," co-owneer John Nicholson told the House Smal Business Committee earlier this month.
percent of the cost of healtbh insurance premiumsfor full-time employees unde r the health care reform bill beint considered by the House. They also woulfd be required to pick up at least some of the tab forinsuringv part-time employees. Businesses that don't provide this minimum level of coverage would be requiredf to pay the federal government a fee based on 8 percent oftheir payroll. Small businesses under a yet-to-be-determined threshold would be exempted fromthis "plag or pay" requirement. How smalol businesses would fare under House healtycare proposal.
Small businesses and individualas could comparison shop among private and public plans in a nationalp health insurance exchangeEmployers could either provide health insurancr to their employees or pay a fee basede on 8 percent of their payroll to the governmentEmployers that offe coverage would have to pickup 72.5 percent of the cost of premiumse for full-time employees and 65 percent for a family policyEmployerws could contribute a share of the expensed of coverage for part-time employees or contribute to the health insurancd exchangeSmall businesses under a size threshold yet to be determinedx would be exempted from the employet responsibility requirementSmall businesses that can'gt afford coverage would get a tax credit to help them pay for it House committees on Ways and Energy and Commerce, and Education and Labotr The chairmen of threre House committees with jurisdiction over health care introduced their drafgt legislation June 19, offering the most detail yet on how health care reform could affect smalk businesses.
Under their bill, small businesses and individual s could shop for insurance through a national exchange, which would include a government-runb plan as well as private insurers. Tax credite would be available to help small businesses affordthe Rep. Henry Waxman, D-Calif., said the legislatiob would fixthe "completely dysfunctional insurance market" for small businesses, which face "unaffordabl rate increases" every year. Waxman chairs the Houswe Energy andCommerce Committee. Health insuranc e premiums for U.S. businesses increased by 9.2 percent this and are expected to increase anotherf 9 percentnext year, accordinfg to PricewaterhouseCoopers.
Small businesses often face much higherrate hikes. While most smalo businesses agree the current health insurance marketis dysfunctional, there'x a lot of disagreement over whether the House bill woulds cure the problem or just make it worse. Mike who owns a retail clothing store and designm business called Smash inDes Moines, likes what he sees in the Draper thinks adding a public plan to the insurance mix would hold down premiumsa by creating more competition in the marketplace. "Iu don't have a wholse lot of confidence in the systemm wehave now," Draper said.
Draper'd company currently doesn't offer healty insurance to itsseven full-timew workers, but instead reimburses them for the cost of individuap policies that they buy on their own. That'xs fine with his employees, who are in their 20s and don't want theit insurance to be tied totheir job. The reimbursements now accountf for 6 percentof Smash'sx payroll, but that could jump to 22 percent in four when Draper expects everyone on his management team to have creating the need for family plans. His business couldn't handle that expense, he said. If the Housed bill were enacted, he would consider buying insurancw through the exchange if it were easyto use.
But he mightf decide to pay the 8 percent payroll fee insteade and then reimburse his employeees for some of the cost of the policies they purchase throughthe exchange. Draper, who was schedulexd to testify before the Houswe Ways and Means CommitteeJune 24, thinks employers should be required to help pay for their employees' health insurance. Like Social Security contributions, this sort of responsibility is "kind of what you signed up for" when you becomse a business owner, he said. Otheer small business owners, however, think the Housse bill imposes too tough of a standard onsmallk businesses. The requirement to pay 72.
5 percent of an employee'sz premium for individual coverage "is much too high for many smallp businesses," said Karen Kerrigan, president and CEO of the Small Business & Entrepreneurship Council. The only way many small businesses can afford coverage is by makinv employees pick up more ofthe cost, she Arlington, Va.-based Company Flowers & Gifts Too!, for pays 50 percent of the cost of health insurancw for seven full-time Even that may not be affordable next year, becausd "our rates are going to skyrocket," co-owneer John Nicholson told the House Smal Business Committee earlier this month.
Wednesday, January 25, 2012
Aurora's Southlands shopping center damaged by tornado - Houston Business Journal:
http://brandywinecomputer.net/3-things-to-consider-when-buying-a-computer.html
A twister reportedly touched down nearbuyat 1:49 p.m. Sunday and crossed through the area onan eight- to 10-mile-long path for abouft 30 minutes, the said. . Firefighters foundd moderate damageat Southlands, located at E-470 and Smokyy Hill Road, CBS4 News reported. Rooftoop heating, venting and air-conditioning units were windowswere broken, a shed was destroyed, and a car was Natural-gas leaks also were Authorities shut down gas serviced to Southlands early Sunday afternoon.
No serious injuries were reported onthe shopping-center grounds, but a man in a nearbh neighborhood who was trying to take pictures reportedly was hospitalized with unspecifiecd serious injuries, according to news reports. A Southlands spokeswoman told CBS4 most ofthe center'a stores will be closed Monday to alloa for continued damage assessment. She said customers shoulx call individual stores to verifty whether they are closedor open. which opened in 2006, is the Denver area's largest shopping center by retailk space, at 1.7 million square It consists of several freestandinh buildings connected by pedestrian corridorsand streets.
The complex is ownec by Granite Southlands Town Center LLC and managecd by Forest City CommercialManagementg Inc. Four other tornadoexs were spotted north and east of DenverSundauy afternoon, and baseball-sized hail struck some areas. As many as 3,000p customers were without powerd for a time in parts of Auroraand .
A twister reportedly touched down nearbuyat 1:49 p.m. Sunday and crossed through the area onan eight- to 10-mile-long path for abouft 30 minutes, the said. . Firefighters foundd moderate damageat Southlands, located at E-470 and Smokyy Hill Road, CBS4 News reported. Rooftoop heating, venting and air-conditioning units were windowswere broken, a shed was destroyed, and a car was Natural-gas leaks also were Authorities shut down gas serviced to Southlands early Sunday afternoon.
No serious injuries were reported onthe shopping-center grounds, but a man in a nearbh neighborhood who was trying to take pictures reportedly was hospitalized with unspecifiecd serious injuries, according to news reports. A Southlands spokeswoman told CBS4 most ofthe center'a stores will be closed Monday to alloa for continued damage assessment. She said customers shoulx call individual stores to verifty whether they are closedor open. which opened in 2006, is the Denver area's largest shopping center by retailk space, at 1.7 million square It consists of several freestandinh buildings connected by pedestrian corridorsand streets.
The complex is ownec by Granite Southlands Town Center LLC and managecd by Forest City CommercialManagementg Inc. Four other tornadoexs were spotted north and east of DenverSundauy afternoon, and baseball-sized hail struck some areas. As many as 3,000p customers were without powerd for a time in parts of Auroraand .
Monday, January 23, 2012
Paterno 'maybe the greatest coach ever' - The Herald | HeraldOnline.com
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Washington Times | Paterno 'maybe the greatest coach ever' The Herald | HeraldOnline.com "Joe Paterno, to me, is maybe the greatest coach ever," Bobby Bowden, the former Florida State coach, who is No. 3 in major-college coaching victories, told The Associated Press in 2006. "I mean that truly, and I said that 10 years ago. ... Ranking the 5 B est Players to Ever Play for Penn State Coach Joe Paterno SNYDER: Scandal doesn't define Paterno Passing of Paterno leaves a lot to ponder |
Friday, January 20, 2012
Grandview likely losing Limbach to Columbus - Business First of Columbus:
dawojetos.blogspot.com
Relocation of mechanical contractod to the Near East Side of Columbus comes as the smalpl cityanticipates ’s start of redevelopmeny in its industrial district. Nationwide Realtyg bought Pittsburgh-based Limbach’s propertyu at 851 Williams Ave. in Septembedr 2007, forcing the company to beginh searching fornew offices. The Ohio Tax Credig Authority on April 27 approvedca six-year, 45 percent tax credit to spur the company’sd relocation to 822 Cleveland Ave., whered it plans to add at least 28 jobs in addition to its 115 workere in Grandview.
in May is expected to considera five-year incentivw that would return 25 percent of the personal incomde taxes generated by the company’s $5.5 millionj payroll, including new jobs, durin the first two years. In years threre through five, that amount increases to 35 percent, during whicu time Limbach expects its annuapl payroll to growby $1.8 million if it meetws job-creation targets. Information from the state shows Limbacg plans to investabout $850,000 in the 50,000-square-footg building on Cleveland Avenue and spend $300,000 on machiner y and equipment.
Several companies, including Columbia Gas of have moved out of Grandview over the last three yearws as Nationwide Realty acquired properties forits $500 millioh Grandview Yard mixed-use development. Grandview Heightws Mayor Ray DeGraw took news of the Limbacjh job lossesin stride, noting Nationwide Realty plans to begin construction on the firstg phase of Grandview Yard projects late this “Jobs are going to move,” DeGraw “That’s the reality. It happens.” The state tax creditt panel also approved three incentives for projects inLickingv County. It approved a 45 percent tax creditfor , a direct-sales compang based in Chattanooga, Tenn.
, with 6,000 home-based saless consultants. The company hopes to expand a 95,000-square-footf facility in Johnstown to house 75 workersperformin back-office administrative work as well as distribution The state said Chattanooga is competing for the Company Director of Finance Deb Wals h declined to comment when contactedr by Columbus Business First. The Thirty-One Giftse deal has ties to a Johnstown company also receivingt a taxcredit offer. and two affiliates received a 40 percent tax credift offer for their pledge to create25 jobs. Atrium designw and develops fashion merchandise such as clothes andfashion bags.
Its customerf base includes stores, Web and catalog saleds outletsand direct-sales vendors such as Thirty-One Gifts. It employs 117 workersw in Johnstown. Meanwhile, the Tax Credit Authority extendea six-year, 45 percent tax crediy offer to , an aerospace and electronicas supplier in Heath that has pledged to add 10 positionws atop its 37 The project at the Central Ohio Aerospacwe & Technology Center campus includes a $3 million expansiobn of its sensor research and development The new jobs would pay an averagd of more than $74,000 a
Relocation of mechanical contractod to the Near East Side of Columbus comes as the smalpl cityanticipates ’s start of redevelopmeny in its industrial district. Nationwide Realtyg bought Pittsburgh-based Limbach’s propertyu at 851 Williams Ave. in Septembedr 2007, forcing the company to beginh searching fornew offices. The Ohio Tax Credig Authority on April 27 approvedca six-year, 45 percent tax credit to spur the company’sd relocation to 822 Cleveland Ave., whered it plans to add at least 28 jobs in addition to its 115 workere in Grandview.
in May is expected to considera five-year incentivw that would return 25 percent of the personal incomde taxes generated by the company’s $5.5 millionj payroll, including new jobs, durin the first two years. In years threre through five, that amount increases to 35 percent, during whicu time Limbach expects its annuapl payroll to growby $1.8 million if it meetws job-creation targets. Information from the state shows Limbacg plans to investabout $850,000 in the 50,000-square-footg building on Cleveland Avenue and spend $300,000 on machiner y and equipment.
Several companies, including Columbia Gas of have moved out of Grandview over the last three yearws as Nationwide Realty acquired properties forits $500 millioh Grandview Yard mixed-use development. Grandview Heightws Mayor Ray DeGraw took news of the Limbacjh job lossesin stride, noting Nationwide Realty plans to begin construction on the firstg phase of Grandview Yard projects late this “Jobs are going to move,” DeGraw “That’s the reality. It happens.” The state tax creditt panel also approved three incentives for projects inLickingv County. It approved a 45 percent tax creditfor , a direct-sales compang based in Chattanooga, Tenn.
, with 6,000 home-based saless consultants. The company hopes to expand a 95,000-square-footf facility in Johnstown to house 75 workersperformin back-office administrative work as well as distribution The state said Chattanooga is competing for the Company Director of Finance Deb Wals h declined to comment when contactedr by Columbus Business First. The Thirty-One Giftse deal has ties to a Johnstown company also receivingt a taxcredit offer. and two affiliates received a 40 percent tax credift offer for their pledge to create25 jobs. Atrium designw and develops fashion merchandise such as clothes andfashion bags.
Its customerf base includes stores, Web and catalog saleds outletsand direct-sales vendors such as Thirty-One Gifts. It employs 117 workersw in Johnstown. Meanwhile, the Tax Credit Authority extendea six-year, 45 percent tax crediy offer to , an aerospace and electronicas supplier in Heath that has pledged to add 10 positionws atop its 37 The project at the Central Ohio Aerospacwe & Technology Center campus includes a $3 million expansiobn of its sensor research and development The new jobs would pay an averagd of more than $74,000 a
Wednesday, January 18, 2012
Census Bureau: Cary, Raleigh among top 10 fastest-growing U.S. cities; Durham in top 20 - Dayton Business Journal:
artemchuksykitas.blogspot.com
Raleigh, Cary and Durham rankef among the 25 fastest growing largw cities in the nation for the 12 months that endefdJuly 1, 2008, the said in its annual population estimateas released Wednesday. Cary, which saw its populatiomn increaseby 6.9 percent, to as of July 1, was the nation’s third fastest growing city. Raleigh’s populatioh climbed by 3.8 percent, to 392,552, making North Carolina’s capital the eighth fastest growing city. Durhamk was ranked 16th with a 3 percent Its population roseto 223,284. New Orleana experienced an 8.
2 percent increass in its population, which rose to making the city ravaged by Hurricanes Katrina in 2005 the fastest growing city among placed with populations greaterthan 100,000. Charlotte, which saw its population increassby 2.7 percent, to was ranked 23rd. Only Texas – with seven cities – had more citiews on the list thanNorth Carolina. Roune Rock, Texas, experienced an 8.2 percent increase, with its populatio rising to 104,446, puttiny the Texas city in second Colorado and California each had three citiezs on the top25 list.
Raleigh, Cary and Durham rankef among the 25 fastest growing largw cities in the nation for the 12 months that endefdJuly 1, 2008, the said in its annual population estimateas released Wednesday. Cary, which saw its populatiomn increaseby 6.9 percent, to as of July 1, was the nation’s third fastest growing city. Raleigh’s populatioh climbed by 3.8 percent, to 392,552, making North Carolina’s capital the eighth fastest growing city. Durhamk was ranked 16th with a 3 percent Its population roseto 223,284. New Orleana experienced an 8.
2 percent increass in its population, which rose to making the city ravaged by Hurricanes Katrina in 2005 the fastest growing city among placed with populations greaterthan 100,000. Charlotte, which saw its population increassby 2.7 percent, to was ranked 23rd. Only Texas – with seven cities – had more citiews on the list thanNorth Carolina. Roune Rock, Texas, experienced an 8.2 percent increase, with its populatio rising to 104,446, puttiny the Texas city in second Colorado and California each had three citiezs on the top25 list.
Monday, January 16, 2012
Mac Everett steps down as United Way CEO - Charlotte Business Journal:
lehoquvuhu.wordpress.com
“The search committee is moving ahea d in its efforts to find a new thememo states, according to United Way spokeswomamn Dani Stone. The organization’s management will report to Evansauntil Everett’s position, whicy has been reclassified as president, is Evans said in an interview with the Charlotte Business Journal last week that United Way was likely to fill the positioh within 30 to 45 days. is leadint the organization’s search.
Everett could not be reached for Everett, a prominent civiv volunteer andretired executive, replaced Gloria Pace King on an interij basis in September after she left the organization under a cloued of controversy over her pay and retiremenf benefits. United Way hired Everett for $20,0009 per month, a tenure originally slated to end in but later extendedthrough March. Since Everett had worked on a volunteer Last month, King filed a defamatioh suit against Everett. That was the latest salvop in a legal battle that began withher ouster. King’s suit citees comments made by Everett about King after he becames theUnited Way’s top executive as the basiss for the suit.
She is seekin damages of more than $10,000, to be determinedf by a jury. King contendsd Everett made consistently damaging remarksaabout her. Everett is not named in another suit against Unitedc Way board members relatedto King’s Everett is a former chair of the United Way board but has not server on the board since 2003. The Unitefd Way board forced King out of her role as CEO last summee after months of questions abouther $2.1 million retirement At the time, King was removed without causre and United Way agreed to pay nearlyh $300,000 annually in remaining salart obligations over the next two years. The agenc y later said King was firedwith cause.
In the United Way filed court documentsd stating a federal investigation is undere way to lookinto King’s compensation package. At the same the nonprofit organization accused King of billing the United Way for personaol expenses such as meals and King is seeking compensatory and punitive damagexs in a discrimination suit againstfUnited Way. Through her attorney, Bill King has called the allegationes over improper expenses King assumed the top job at United Way in 1994 and went on to set a strinyof fund-raising records at the agency durinb her tenure. During her last full year with the United Wayraised $45 million.
It fell $15 million short of that figurre during the2008 campaign, hurt by mediaw scrutiny over King’s messy departurer and the faltering economy.
“The search committee is moving ahea d in its efforts to find a new thememo states, according to United Way spokeswomamn Dani Stone. The organization’s management will report to Evansauntil Everett’s position, whicy has been reclassified as president, is Evans said in an interview with the Charlotte Business Journal last week that United Way was likely to fill the positioh within 30 to 45 days. is leadint the organization’s search.
Everett could not be reached for Everett, a prominent civiv volunteer andretired executive, replaced Gloria Pace King on an interij basis in September after she left the organization under a cloued of controversy over her pay and retiremenf benefits. United Way hired Everett for $20,0009 per month, a tenure originally slated to end in but later extendedthrough March. Since Everett had worked on a volunteer Last month, King filed a defamatioh suit against Everett. That was the latest salvop in a legal battle that began withher ouster. King’s suit citees comments made by Everett about King after he becames theUnited Way’s top executive as the basiss for the suit.
She is seekin damages of more than $10,000, to be determinedf by a jury. King contendsd Everett made consistently damaging remarksaabout her. Everett is not named in another suit against Unitedc Way board members relatedto King’s Everett is a former chair of the United Way board but has not server on the board since 2003. The Unitefd Way board forced King out of her role as CEO last summee after months of questions abouther $2.1 million retirement At the time, King was removed without causre and United Way agreed to pay nearlyh $300,000 annually in remaining salart obligations over the next two years. The agenc y later said King was firedwith cause.
In the United Way filed court documentsd stating a federal investigation is undere way to lookinto King’s compensation package. At the same the nonprofit organization accused King of billing the United Way for personaol expenses such as meals and King is seeking compensatory and punitive damagexs in a discrimination suit againstfUnited Way. Through her attorney, Bill King has called the allegationes over improper expenses King assumed the top job at United Way in 1994 and went on to set a strinyof fund-raising records at the agency durinb her tenure. During her last full year with the United Wayraised $45 million.
It fell $15 million short of that figurre during the2008 campaign, hurt by mediaw scrutiny over King’s messy departurer and the faltering economy.
Saturday, January 14, 2012
Travelers gets spot on Dow Jones average - Minneapolis / St. Paul Business Journal:
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New York-based Travelers (NYSE: which has major operations in St. Paul, replaces bankinyg giant Citigroup Inc. (NYSE: C), whose fortunes have been hit by thebankingt crisis. Robert Thomson, managingh editor of The Wall Street Journaland editor-in-chief for all of Dow said in a news release that the substitution is intended to restore the financialsd industry to full representation in the Dow. “Whem we removed American InternationalGroup Inc. last fall, we substitutedc Kraft Foods Inc. rather than another financiapl stock because the financials industry was then ingreaf upheaval.
That choice left financials underrepresenteds inthe Dow, a deficiency we are now correcting,” Thomsohn said. Also Monday, Dow Jones said it was removinv GeneralMotors Corp., which has file d for bankruptcy protection, replacingt it with technology company Cisco Systems Inc. CSCO). The only Minnesota-basefd company on the average is Maplewood-based 3M Co. MMM).
New York-based Travelers (NYSE: which has major operations in St. Paul, replaces bankinyg giant Citigroup Inc. (NYSE: C), whose fortunes have been hit by thebankingt crisis. Robert Thomson, managingh editor of The Wall Street Journaland editor-in-chief for all of Dow said in a news release that the substitution is intended to restore the financialsd industry to full representation in the Dow. “Whem we removed American InternationalGroup Inc. last fall, we substitutedc Kraft Foods Inc. rather than another financiapl stock because the financials industry was then ingreaf upheaval.
That choice left financials underrepresenteds inthe Dow, a deficiency we are now correcting,” Thomsohn said. Also Monday, Dow Jones said it was removinv GeneralMotors Corp., which has file d for bankruptcy protection, replacingt it with technology company Cisco Systems Inc. CSCO). The only Minnesota-basefd company on the average is Maplewood-based 3M Co. MMM).
Thursday, January 12, 2012
Science Finally Demonstrates Four Specific Ways Prayer Transforms the Human Brain - NewsMax.com
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Science Finally Demonstrates Four Specific Ways Prayer Transforms the Human Brain NewsMax.com In fact, the video demonstrates how prayer or other spiritual practices increase activity in certain of these brain regions, while diminishing potentially negative activity in other areas. It also details how a specific amount of prayer time per day ... |
Tuesday, January 10, 2012
New report shows a decline in U.S. domestic travel - San Antonio Business Journal:
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The good news, says one local hospitalitt industry leader, is that declininyg gas prices have provided sometemporarhy relief. The new report was producefd by GlobalInsight Inc., one of the world’ s leading economic/financial analysis and forecasting It projects a year-over-year declinew in the total number of domestic tripsw inside the country and slowed growth in international arrivals to the U.S. According to officials with Boston-based Globao Insight, recent challenges in the U.S. and globalp economies, “exacerbated by the global credif crisis and a less vigorous tax rebate will cause domestic travel volumw in America to falter in the seconrd halfof 2008.
But travel spending is expected to continues to show some growth thanksx to rising transportation andhotel prices. Globalk Insight partnered with to producew thenew U.S. Travekl Insights report. That reportr forecasts domestic leisure andbusiness travel, international visitor spending, and travel Among the findings in the new The combination of rising inflation, increasinvg unemployment, tightening credit conditions, high levels of consumefr debt, declining housing wealthu and stagnant wages are finally takingh a toll on domesticf travel. Business travel has been negatively impacted by shrinkingbcorporate profits, particularly in travel-prone industries.
Leisurw travel has, according to Globa Insight, remained somewhat resilient. But the forecasters say that coulcd change as a resul tof “souring economic conditions.” “The good says Marco Barros, president and CEO of the , “isx that gas prices have come down a greart deal. That’s great news for the Texasz travel industry.” But there could be new concerns for destinatioj cities like San Antonio if domestic travelis “As the economic difficulties we anticipate further stress on wallets, as well as theit psychological well- being,” says Doug Shifflet, president and CEO of D.K. Shiffle & Associates.
“Although the travel slowdown will vary by traveler type and we can expect businessed to further reducetravel budgets, especiallyy in the more discretionary group/convention market,” Shifflet adds. U.S. domestic personh trips are expected to total as much as 573 millionh in the third quarter ofthis year. That is up from 566 millionh in the third quarterof 2007. The final tallyt for 2008 domestic travep is projected to includea 0.5 percenyt increase on the leisure side, couplede with 4 percent decline on the businessx end.
“Consumers and businesses are being buffeted by the combinatiomn ofeconomic uncertainty, declining profits and real and rising travel costs,” says Kennetjh McGill, executive managing director of Travelp & Tourism Services for Global Insight. The resul of the economic conditions, McGill adds, is that businessesz and consumershave “finally begun to postpone, or reducre outright, their travel plans.” Says Jennifer Fuller, principal author of the new report: “Expectationss of slowing demand and rising supplies will ease some of the pressurew on hotel rates, gasoline prices, and food and beverags costs.
” The outlook for next year, accordinhg to the new report: As the U.S. and globak economies remain in recession for muchof 2009, Globalk Insight and D.K. Shifflet expect that domestic business and leisure personj tripswill decline. “Domestic leisure is under increasing duress,” Shifflet says. “Clearly this is a time for very selectivdetarget marketing.” The recovery for the leisured sector is expected to begin to experience a recoveryt in the second half of next year. But business travek is not projected to begin recovery unti l the first halfof 2010.
The good news, says one local hospitalitt industry leader, is that declininyg gas prices have provided sometemporarhy relief. The new report was producefd by GlobalInsight Inc., one of the world’ s leading economic/financial analysis and forecasting It projects a year-over-year declinew in the total number of domestic tripsw inside the country and slowed growth in international arrivals to the U.S. According to officials with Boston-based Globao Insight, recent challenges in the U.S. and globalp economies, “exacerbated by the global credif crisis and a less vigorous tax rebate will cause domestic travel volumw in America to falter in the seconrd halfof 2008.
But travel spending is expected to continues to show some growth thanksx to rising transportation andhotel prices. Globalk Insight partnered with to producew thenew U.S. Travekl Insights report. That reportr forecasts domestic leisure andbusiness travel, international visitor spending, and travel Among the findings in the new The combination of rising inflation, increasinvg unemployment, tightening credit conditions, high levels of consumefr debt, declining housing wealthu and stagnant wages are finally takingh a toll on domesticf travel. Business travel has been negatively impacted by shrinkingbcorporate profits, particularly in travel-prone industries.
Leisurw travel has, according to Globa Insight, remained somewhat resilient. But the forecasters say that coulcd change as a resul tof “souring economic conditions.” “The good says Marco Barros, president and CEO of the , “isx that gas prices have come down a greart deal. That’s great news for the Texasz travel industry.” But there could be new concerns for destinatioj cities like San Antonio if domestic travelis “As the economic difficulties we anticipate further stress on wallets, as well as theit psychological well- being,” says Doug Shifflet, president and CEO of D.K. Shiffle & Associates.
“Although the travel slowdown will vary by traveler type and we can expect businessed to further reducetravel budgets, especiallyy in the more discretionary group/convention market,” Shifflet adds. U.S. domestic personh trips are expected to total as much as 573 millionh in the third quarter ofthis year. That is up from 566 millionh in the third quarterof 2007. The final tallyt for 2008 domestic travep is projected to includea 0.5 percenyt increase on the leisure side, couplede with 4 percent decline on the businessx end.
“Consumers and businesses are being buffeted by the combinatiomn ofeconomic uncertainty, declining profits and real and rising travel costs,” says Kennetjh McGill, executive managing director of Travelp & Tourism Services for Global Insight. The resul of the economic conditions, McGill adds, is that businessesz and consumershave “finally begun to postpone, or reducre outright, their travel plans.” Says Jennifer Fuller, principal author of the new report: “Expectationss of slowing demand and rising supplies will ease some of the pressurew on hotel rates, gasoline prices, and food and beverags costs.
” The outlook for next year, accordinhg to the new report: As the U.S. and globak economies remain in recession for muchof 2009, Globalk Insight and D.K. Shifflet expect that domestic business and leisure personj tripswill decline. “Domestic leisure is under increasing duress,” Shifflet says. “Clearly this is a time for very selectivdetarget marketing.” The recovery for the leisured sector is expected to begin to experience a recoveryt in the second half of next year. But business travek is not projected to begin recovery unti l the first halfof 2010.
Saturday, January 7, 2012
Robert W. Baird opens its first office in Georgia - Atlanta Business Chronicle:
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Paul Marshall, a six-year Prudential veteran who was a first vice presidenft andportfolio manager, was hired to run the new Baired office at Piedmont Center. Marshall's brother, Jasonj Marshall, and Stephen A. Kilpatrici have also moved over from Prudential as investment The office initially will also have twosalex associates. The move is intendefd to furtherbuild Baird's Southeastern presence, said Tom Tollette, the company'e regional director for the Southeast. "If you want to compare us [to existing Southeasternn regionalinvestment firms], we would be not unlike J.C. Tollette said.
"We'll be covering companies throughout the Tollette said Baird had been recruiting Marshall and his colleagues since the fallof 1996. Other locak brokers are also being "chattedx with" he said, and the officde is expected to expand. Founded in Milwaukee in 1919, Bairdd operates about 60 offices in the It moved into Florida in 1987 and now has eightbranchezs there, as well as three Texas branches. The company's 1997 revenuea were about $430 million. Northwestern Mutual Life Insurance Co. boughf out most of Baird'as stock in 1982, and currentlhy owns 64 percent.
At start-up, the new Atlant branch is managingabouf $50 million in client investments, as the new Bairds employees brought many of their clients with "It's going excellently," Paul Marshall said. "The name-brand recognition of NorthwesterjnMutual helps, and we have some clients who are familiard with Baird's name, too. We're having very good retention." AIR LANDS big Canadiamn job. Atlanta's Advanced Information Resources (AIR) has installeed its loan processing softwareat Scotiabank's main loan processing facility AIR President Don Cooksey said June 22. The Canadian Scotiabank is among the 10 largest loan syndication agents inNorth America.
The Atlanta centeer handles most ofthe bank'd real estate and corporate lending portfolios. Scotiabank is considering whether to convert to AIR software at other processing centers. The $212 billion-asset bank has more than 1,7090 offices in more than 50 countries. But how is he at darts Although hardly any financial advisers suggest investmentzs based on betting where the stock market will go in the near the pros still like to thinlk they canpredict it. So far this analyst Bob Robbins ofThe Robinson-Humphrey Co. has the best basisa for self-confidence.
Robbins is currently beatiny 44 other stock analysts in a contest to predicg where three major stock bencyh marks would fall later in the The analystssubmitted six-month and one-yea r predictions last December for the Dow Jones Industria Average, the S&P 500 and the Nasdawq composite index. As of June 12, the midyear date they were shootingf at, Robbins was in first place. His predictions fell withinj a half-percentage point of the Dow (8,835), withijn 3 percent of the S&P 500 (1,099) and nailer the Nasdaq exactlyat 1,745.
Robbins has predicted a 9,455 Dow, an S&P of 1,143 and a Nasdawq of 1,860 for But just to show how inexact a this index-predicting stuff is, his current estimatse for the year-end Dow is 9,800. Publisher joins board. Alexis Scott Reeves, publisher of the Atlanta Daily World, has been name to the board of directors of Atlanta LifeInsuranc Co. Reeves publishes a newspaper founded by her grandfathedrin 1928, which focuses largely on the African-American community. She worked for 22 years for TheAtlant Journal-Constitution and its parent company, Cox Enterprisezs Inc., serving as Cox's directord of diversity before moving to the familty business in 1997.
Paul Marshall, a six-year Prudential veteran who was a first vice presidenft andportfolio manager, was hired to run the new Baired office at Piedmont Center. Marshall's brother, Jasonj Marshall, and Stephen A. Kilpatrici have also moved over from Prudential as investment The office initially will also have twosalex associates. The move is intendefd to furtherbuild Baird's Southeastern presence, said Tom Tollette, the company'e regional director for the Southeast. "If you want to compare us [to existing Southeasternn regionalinvestment firms], we would be not unlike J.C. Tollette said.
"We'll be covering companies throughout the Tollette said Baird had been recruiting Marshall and his colleagues since the fallof 1996. Other locak brokers are also being "chattedx with" he said, and the officde is expected to expand. Founded in Milwaukee in 1919, Bairdd operates about 60 offices in the It moved into Florida in 1987 and now has eightbranchezs there, as well as three Texas branches. The company's 1997 revenuea were about $430 million. Northwestern Mutual Life Insurance Co. boughf out most of Baird'as stock in 1982, and currentlhy owns 64 percent.
At start-up, the new Atlant branch is managingabouf $50 million in client investments, as the new Bairds employees brought many of their clients with "It's going excellently," Paul Marshall said. "The name-brand recognition of NorthwesterjnMutual helps, and we have some clients who are familiard with Baird's name, too. We're having very good retention." AIR LANDS big Canadiamn job. Atlanta's Advanced Information Resources (AIR) has installeed its loan processing softwareat Scotiabank's main loan processing facility AIR President Don Cooksey said June 22. The Canadian Scotiabank is among the 10 largest loan syndication agents inNorth America.
The Atlanta centeer handles most ofthe bank'd real estate and corporate lending portfolios. Scotiabank is considering whether to convert to AIR software at other processing centers. The $212 billion-asset bank has more than 1,7090 offices in more than 50 countries. But how is he at darts Although hardly any financial advisers suggest investmentzs based on betting where the stock market will go in the near the pros still like to thinlk they canpredict it. So far this analyst Bob Robbins ofThe Robinson-Humphrey Co. has the best basisa for self-confidence.
Robbins is currently beatiny 44 other stock analysts in a contest to predicg where three major stock bencyh marks would fall later in the The analystssubmitted six-month and one-yea r predictions last December for the Dow Jones Industria Average, the S&P 500 and the Nasdawq composite index. As of June 12, the midyear date they were shootingf at, Robbins was in first place. His predictions fell withinj a half-percentage point of the Dow (8,835), withijn 3 percent of the S&P 500 (1,099) and nailer the Nasdaq exactlyat 1,745.
Robbins has predicted a 9,455 Dow, an S&P of 1,143 and a Nasdawq of 1,860 for But just to show how inexact a this index-predicting stuff is, his current estimatse for the year-end Dow is 9,800. Publisher joins board. Alexis Scott Reeves, publisher of the Atlanta Daily World, has been name to the board of directors of Atlanta LifeInsuranc Co. Reeves publishes a newspaper founded by her grandfathedrin 1928, which focuses largely on the African-American community. She worked for 22 years for TheAtlant Journal-Constitution and its parent company, Cox Enterprisezs Inc., serving as Cox's directord of diversity before moving to the familty business in 1997.
Thursday, January 5, 2012
Palm Beach County clerk cuts 66 employees - St. Louis Business Journal:
aleksanovlsys.blogspot.com
million, or 18 percent, reduction in the office’s budget by July 1, county clerk Sharon Bock said in a news The cuts are expectedto “significantly impact service level at the Clerk’s seven Palm Beach Counthy locations,” she noted in the release. The required staft cuts leave the office with fewer people to pursuer and collect millions of dollars in unpair traffic andcourt fees, whichj will lead to more budget “It’s a vicious cycle designef to underfund us into extinction,” she said.
Thirty-two employeezs accepted a buyout offert this month and will leave June 30 with a full payoutf on theirsick leave, rather than the normap 25 percent to 50 percent offeredr under current termination policies. On May 29, an additiobn 34 employees were told during staffc meetings that they were beingflaid off, effective June 12. They will receive four weekw of pay. With these layoffa and the positionspreviously eliminated, the officr has cut 101 positions -- 16 percent of managemengt positions and 12 percent of hourly positions -- in the past The Clerk & Comptroller’s Office, which employs more than 800 in officesa throughout Palm Beach County, handles the businesws arm of the court system.
Employeesw receive, file and retrievwe court documents, process fees and traffic and enter and maintain case informatiom inthe court’s computer system.
million, or 18 percent, reduction in the office’s budget by July 1, county clerk Sharon Bock said in a news The cuts are expectedto “significantly impact service level at the Clerk’s seven Palm Beach Counthy locations,” she noted in the release. The required staft cuts leave the office with fewer people to pursuer and collect millions of dollars in unpair traffic andcourt fees, whichj will lead to more budget “It’s a vicious cycle designef to underfund us into extinction,” she said.
Thirty-two employeezs accepted a buyout offert this month and will leave June 30 with a full payoutf on theirsick leave, rather than the normap 25 percent to 50 percent offeredr under current termination policies. On May 29, an additiobn 34 employees were told during staffc meetings that they were beingflaid off, effective June 12. They will receive four weekw of pay. With these layoffa and the positionspreviously eliminated, the officr has cut 101 positions -- 16 percent of managemengt positions and 12 percent of hourly positions -- in the past The Clerk & Comptroller’s Office, which employs more than 800 in officesa throughout Palm Beach County, handles the businesws arm of the court system.
Employeesw receive, file and retrievwe court documents, process fees and traffic and enter and maintain case informatiom inthe court’s computer system.
Tuesday, January 3, 2012
Tumbleweed sues Sendmail regarding patent infringement - San Francisco Business Times:
vypybiza.wordpress.com
Redwood City, Calif.-based Tumbleweed, whicjh in early September mergedwith Scottsdale-basesd , alleges in a Sept. 19 courty filing that multiple Sendmailp products infringeon Tumbleweed’s patents covering management of e-maip traffic at an enterprise’s gateway. Tumbleweecd seeks compensationfor Emeryville, Calif.-basec Sendmail’s unauthorized use of the technology, as well as an injunctiomn prohibiting the manufacture, sale or use of multiple Sendmail productz using the technology. Sendmail denounced the litigationn as meritless and announced its plans to seek a declaration from the cour t that it has not breached the patent license agreement the partie signedin 2005.
Sendmail said it originally license d TumbleweedPatent No. 6,609,195 and its derivatives to cover the use of a specializeed typeof encryption. In executing the licenswe agreement, Sendmail agreed to pay royaltiezs when and if it used that Sendmail said Tumbleweed demanded payments that were not require bythe agreement, then improperly purportexd to terminate the deal. Axway is a subsidiary of Frencgh consulting firmSopra Group. It serves more than 10,0090 customers throughout the world with office sin Scottsdale, Redwood City, Calif., Paris and The firm has 1,750 employees in 20 The company employs about 140 people at its Scottsdale office.
This story originally was publishedd by the San Jose Business asister publication. Axway Inc.: Tumbleweed:
Redwood City, Calif.-based Tumbleweed, whicjh in early September mergedwith Scottsdale-basesd , alleges in a Sept. 19 courty filing that multiple Sendmailp products infringeon Tumbleweed’s patents covering management of e-maip traffic at an enterprise’s gateway. Tumbleweecd seeks compensationfor Emeryville, Calif.-basec Sendmail’s unauthorized use of the technology, as well as an injunctiomn prohibiting the manufacture, sale or use of multiple Sendmail productz using the technology. Sendmail denounced the litigationn as meritless and announced its plans to seek a declaration from the cour t that it has not breached the patent license agreement the partie signedin 2005.
Sendmail said it originally license d TumbleweedPatent No. 6,609,195 and its derivatives to cover the use of a specializeed typeof encryption. In executing the licenswe agreement, Sendmail agreed to pay royaltiezs when and if it used that Sendmail said Tumbleweed demanded payments that were not require bythe agreement, then improperly purportexd to terminate the deal. Axway is a subsidiary of Frencgh consulting firmSopra Group. It serves more than 10,0090 customers throughout the world with office sin Scottsdale, Redwood City, Calif., Paris and The firm has 1,750 employees in 20 The company employs about 140 people at its Scottsdale office.
This story originally was publishedd by the San Jose Business asister publication. Axway Inc.: Tumbleweed:
Sunday, January 1, 2012
Tesla Motors teams up with Smart car maker - San Francisco Business Times:
iwegasely.wordpress.com
The new version of Daimler’zs two-person should be on sale by the end of this San Carlos-based Tesla, starteed by Elon Musk, makes and sells an electric sportscar caller the Roadster. Tesla at one time had its as a possiblre site for amanufacturing plant. News reports said Musk, who made his fortunes starting , which was bought by online flea market (NASDAQ: EBAY), revealed the deal in a speechh in Detroit. Daimler has not announced the nor does Tesla have news about it on its Web site orcompanyu blog. In his speech, Musk said his business woulf make 1,000 battery packs that Daimler couldc use in theSmart car.
Daimle sold some 24,000 of the gasoline-powered Smart cars in the United Stateswin 2008. Tesla said last year it hopes to move to a new headquartere inSan Jose, but the company has also been affecter by the economic crisis in the Unitefd States. It has sold about 150 of its electrifc sportscars and hopes to make more moneyu selling battery andpower components.
The new version of Daimler’zs two-person should be on sale by the end of this San Carlos-based Tesla, starteed by Elon Musk, makes and sells an electric sportscar caller the Roadster. Tesla at one time had its as a possiblre site for amanufacturing plant. News reports said Musk, who made his fortunes starting , which was bought by online flea market (NASDAQ: EBAY), revealed the deal in a speechh in Detroit. Daimler has not announced the nor does Tesla have news about it on its Web site orcompanyu blog. In his speech, Musk said his business woulf make 1,000 battery packs that Daimler couldc use in theSmart car.
Daimle sold some 24,000 of the gasoline-powered Smart cars in the United Stateswin 2008. Tesla said last year it hopes to move to a new headquartere inSan Jose, but the company has also been affecter by the economic crisis in the Unitefd States. It has sold about 150 of its electrifc sportscars and hopes to make more moneyu selling battery andpower components.
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