Monday, October 11, 2010

Stimulus funding boosts construction projects, but

http://pro-software.biz/2008/10/29/
Stimulus-funded projects are one of the few bright spots for theconstructio industry, along with energy projects and militar y base realignment work, Simonson said. The unemploymentg rate for the construction industry is more than 19 double the rate for the economy as a he noted. Road repair projects can be awardedd quickly compared with other typews ofconstruction projects, Simonson said, which is why so many pavinyg crews have found work. There’s still a lot of stimulusz money that will be spent on water andwastewater projects, he noted. Plus, the and the have released long liste of construction projects that will be awardesd in thecoming months.
Simonson’s association gathered a handfupl of contractors for a conference call touting the benefitxs ofstimulus work. Christian Zimmerman, president of Pike Industries in N.H., said his companh has added 100 workers thanks to the dozen stimulues contracts his company has These contracts also enabled his company to avoidd laying off more than100 “Most of the jobs we’re getting are paving jobs,” Zimmerman said. Don president of in Coos Bay, Ore., said his company was glad to geta stimulus-fundes paving contract even though the company won’t make a lot of mone y on it.
His company is trying to improv its management to compensate for the lower profit margiband “come out on the other end of it as a bette company,” he said. Simonson said some water and wastewaterf projects are being delayed because the stimulus bill requirese the useof American-made steel, iron and equipment in stimulus-fundef projects. Laskey, whose company also builds water-treatmenft plants, said vendors have told him that a lot of the materialsx needed for stimulusprojects aren’t even made in the Unitedr States any more.
“That’s what’zs really sad about the whole situation,” he The cited the problems the “Buy American” provisionj are causing for stimulus projects in a June 2 letter to membersof Congress. Federal agencies are balancingthe “Buhy American” provision with obligations the United State s has under various trade agreements, but many state and localp governments are not, the chambet noted. As a result, even some U.S. manufacturerws are being barred from stimuluzs projects becausethey “rely on global production chains that integrate componentds from U.S.
and foreign sources,” the chamber “It is often impossible to avoid sourciny at least a portion of their contengt fromother countries.” The chamberd urged Congress to reject “Buy American” provisions in futurre legislation.

Saturday, October 9, 2010

Knott's Berry Farm Coaster to Be Inspected After Crash Injures 10 Riders - LAist

aleksanovlsys.blogspot.com


LAist


Knott's Berry Farm Coaster to Be Inspected After Crash Injures 10 Riders

LAist


10 people were injured when two roller coaster trains collided in the station of the Pony Express ride at Knott's Berry Farm on Thursday, according to the ...


State to probe rollercoaster crash at Knott's Berry Farm

San Jose Mercury News


Knott's Berry Farm Roller Coaster Accident Injures 10

The Epoch Times


Knott's Pony Express corraled pending investigation

OCRegister


Modern Mom -Los Angeles Times (blog) -Contra Costa Times


 »

Friday, October 8, 2010

Concordia readies environmental stewardship center - Jacksonville Business Journal:

viningocouqyl1601.blogspot.com
Construction of the 13,000 square-foot, two-story building is set to begijnJuly 14. The structur will be built in Mequon on a bluffd overlooking Lake Michigan and work is expectexd to be completed in time for the start of the 2010academif year. The total cost of the building is expectec to bebetween $3.5 milliomn and $3.75 million and is being funded exclusivelgy through charitable gifts already secured for the project.
Concordia officialx said the building demonstratesthe university’d commitment to environmental education, freshwatee conservation and emphasis on sustainable energy Plans for the center include laboratories, classrooms and a large seminar room that can accommodate 200 people for presentations. With its lakefronft exposure, Concordia officials say the building will be a centert for the study of the Great Lakesx and otherenvironmental issues. The building will be designed to be a Leadershiop in Energy and EnvironmentalkDesign (LEED) gold-level building.
“When completed, the centet will offer many educational programx and research in water stewardshil and other sustainability education topics for Concordia students as well as visitinyg area schools and thegreater community,” said Bruce director of the Concordiaq Center for Environmental Stewardship Concordia has added new degrees becausde of the new center, and now offerxs a bachelor’s degree in environmentao studies and education with a minor in environmentapl studies, and a master’s degree in education with an emphasis on environmentalo education.
“This new center is in line with Concordia’xs increased and continued interest ingreen initiatives,” said William vice president of academics at Concordia. “Each of our recentf building projects has been built to increasingyenvironmental standards, especially to save energy and othedr resources.” Construction is expected to be completex in time for the start of the 2010 academidc year. The total cost of the building is expected to bebetweeb $3.5 million and $3.75 millionh and is being funded exclusively through charitable gifts already securefd for the project.
“This new centedr reinforces Concordia’s efforts to create programs that are both importanty to the student body and the communityg asa whole,” Concordia president Patrick Ferry

Wednesday, October 6, 2010

LandMar files for bankruptcy - Phoenix Business Journal:

http://www.fms1.org/Maria-Montessori-Quotes.html
The Jacksonville-based residential development company was amonvg 125 affiliates that filed along with itsparenr company, Charlotte-based , in the Western District of Texas. Crescent’s estimated liabilities are morethan $1 according to the filing, and its largest debt, at $13.6 is to Bank of America. The filinh was necessary, according to a statement on Crescent’s Web for the company to reorganize its reduce its debt leve l and improve its capital Crescent intends to operate its continuinb businesses without any significant interruption during the restructurinyg process because of a recentl yobtained debtor-in-possession financing facility of $110 million from a group of its existing according to the statement.
Andrew Hede, Crescent’s chie restructuring officer, has been named CEO while its formerchief executive, Arthure Fields, has retired and will work with Crescent in an advisory capacity. “We have been in active discussions with our lenderzs and other stakeholders as we work towards an agreemenft that will bring our capital structure in line with the currentyeconomic environment,” Hede said in a statemen on the company’s Web site. Charlotte-based Crescenr has been pursuing alternatives to shore up its balance sheetfor months, including sellinf some of its assets.
The company is jointl owned by (NYSE: DUK) and Morgan Stanley and has 38 residentiap communities under development inthe Carolinas, Georgia, Texas, Arizonz and Florida. Crescent acquired a controllingv interest in LandMar in butleft LandMar’s founder, Ed in control of the company untilp he resigned after a failed attempt to buy back the compang in 2007. The Jacksonville Economic Development Commission authorized city lawyerss in May to startf the foreclosure process onthe 41-acre parcel that was to be the Plans for the Shipyards included 1 millio square feet of office space, 100,000 squard feet of commercial space, 662 residential units, 350 hotelp rooms and 150 marinsa slips.
LandMar has developed or had plans to developl dozens more properties in Florida and throughouttthe Southeast.

Tuesday, October 5, 2010

Insurance department closes 5,200 complaints in 2003 - Wichita Business Journal:

http://carreerrss.com/2008-lincoln-and-mercury-models-at-central-florida-lincoln-mercury-inc.html
Sixty-four percent of complaintse made by consumers to the departmen t last year were about the handlingof claims. Most of KID says, were for an unsatisfactory claim settlemenfor offer, denial of claim and delayxs in claim. In 2003, KID closed 5,219 complaint s involving insurance companies, 38 percent of whicn concerned auto policies followed by 29 percent for accidentf andhealth insurance. The insurance department says each complaint it receives is passed on to the insured oran agent, which is then required to reviewa the complaint and provids an explanation. Auto: 1,230 complaints listed in the reporgt ledby Inc. with 304, followed by with 139, and at 113.
Acciden t and health: 782 complaints listed in the report led by Blue Crossa and of Kansas with 230 followeed by with 61 and Mega Life andat 48. Homeowners: 604 complainta listed in the report led by FarmersInsurancs Co. Inc. with 155 followed by American Familgy MutualInsurance Co. with 91, and with 70. 107 for companies listed in the report led by Prudential Insurancse Company of America with 22 and 14 complaints each for America General Life and Accidentand HMO: 222 totak complaints led by with 122 followed by 37 for and 26 for Wichita-baserd For more information on the see

Sunday, October 3, 2010

Stop & Shop Alerts Customers to Voluntary Recall of Knorr Kosher Soup Mix - Chicken Vegetable Flavor with Pasta

dudorovanaapyh.blogspot.com
June 19 /PRNewswire/ -- The Stop & Shop Supermarket following a recall by Unilevere United States announced it removedc from sale Knorr Kosher SoupMix - Chicke Vegetable Flavor with Pasta (imported from packed in a 2.18 oz The product may contain egg, an undeclaref allergen. The product has UPC# 48000170660 and is packaged ina 2.18 oz. bag/poucnh To date, Stop & Shop has receiverd no reports of illnesses associated with consumption of this Customers who have purchased the product should discard any unused portions or bring theif purchase receipt toStop & Shop for a full Consumers looking for additional informationh on the recall may call Unilever'sa 24 hour information line at (877) A consumer services representative is availablw from 8:30 a.
m. throughg 6 p.m. In addition customers may callStop & Shop Customere Service at (800) 767-7772w Monday through Friday from 9 a.m. to 5 p.m. for more Customers can also visit theStop & Shop websitde at . The Stop & Shop Supermarket Company, baseds in Quincy, Massachusetts, employs more than 59,00p0 associates and operates 389 storeesthroughout Massachusetts, Connecticut, Rhode Island, Maine, New New York and New Jersey.

Saturday, October 2, 2010

Cardinal halves CareFusion distribution ratio - Pacific Business News (Honolulu):

coeragnheidur3778.blogspot.com
The Dublin-based health-care products giant said its stockholders will receive half a sharw inSan Diego-based for every Cardinal share they own when the spinofcf is made this summer. The companuy originally had structured the deal to give shareholdersz a full CareFusion share for every Cardinal sharethey held. As a result, an estimatecd 180 million shares of CareFusion will go out to Cardinal based onthe company’s 360 million sharezs outstanding at the end of the firsr quarter. Cardinal said it still intends to hold a stakw of up to 20percent – roughly 45 million shares in CareFusion that it will divest withijn five years.
CareFusion CEO Dave Schlotterbeck said the company adjustede the distribution ratio to put fewer shares on the boosting liquidityand “allowinv CareFusion to enter the market with a shar price that is more consistenr with other large-cap med tech companies.” CareFusion shares will be traderd on the . The compang said it hit another milestone on the road to spinninoff CareFusion, receiving a ruling from the that the deal will qualifyt as a generally tax-free transaction. The CareFusionh division makes and sells equipment such as infusion pumpzand ventilators, and infection control supplies. It generated $318.5 million in net earningsa on $3.
77 billion in revenue for the year endecdJune 30, 2008, according to filings. Cardinaol Health (NYSE:CAH) earned $1.3 billion on $91.11 billion in revenue for the year endeedJune 30, making it Ohio’s largestt publicly held corporation based on revenue.