Tuesday, May 31, 2011

US Air Force - Bloomington Pantagraph

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US Air Force

Bloomington Pantagraph


FARMER CITY â€" US Air Force Airman Robert Nash Ryan, Farmer City, has graduated basic military training at Lackland Air Force Base, San Antonio, Texas. He was a member of TRS 320, FLT 302, which received Honor Flight recognition. ...



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Saturday, May 28, 2011

Dayton, Ohio tops in nation for development - Dayton Business Journal:

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Dayton has the most corporate facility projects underway for cities with a population between 200,000 and 1 million, according to Site Selection Springfield ranked second in the nationb for cities with a population of less than The Conway Data New Plan t Database, the tracking service of Site Selectionj Magazine, showed the Dayton area had 41 projectsz last year. Akron and Toledo were righrt behind, with 39 and 38 respectively. Those cities, along with Cincinnati, 124 projects; 77 projects; Cleveland, 67; and 10 projects, also helped Ohio win the Governor’s Cup Awardx for 2008. The award goes to the stat with the most new and expandedcorporate facilities.
Ohio had 503 marking the third year in a row for the state winninbg the award and the fourth insix years. In the state had 399 projects. John Clark County Commissioner, said the award for Springfield was a majoe victory for not justhis county, but also for efforts to boosg regionalism in economic development. "Ther strong collaboration between Dayton and Springfield isshowinb results," Detrick said. Significang deals in the Dayton areaincludee ’s $5 million factory in ’s $24 million data center in Kettering and ’x $10 million computer systems plang in Beavercreek.
Site Selection is the oldesy publication in the corporate real estated and economicdevelopment field. The New Plant database focusex on new corporate location projects and does not track retail andgovernment projects, or schools and hospitals. To be includef in the analyses, the facilities or expansionds must meet one of three criteria including a capita investment of atleast $1 million, the creation of at leas 50 new jobs or the addition of at leasg 20,000 square feet.

Thursday, May 26, 2011

Kerr leads Sperry Van Ness foray for downtown leasing - Kansas City Business Journal:

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Gib Kerr, managing director of the Irvine, brokerage’s Kansas City said his downtown retaill and office listings have gone from zero toabout 300,00o square feet in 10 buildings during the past threew to four weeks. One reason is that Nicholaxs Abnospicked Kerr’s firm to market six of his They include landmarks such as the 92-year-ols Firestone Building at 2001 Graned Ave., where roughly 30,000 square feet are available; the Spaldint Building at 10th and Oak streets, wherr all 36,000 square feet are and a building at 18th Street and Holmes where all 55,000 square foot will be available soon.
“Fore 10, 15 years at Gib has been a force inrevitalizing Downtown,” Abnos said. “Thar was the main reason we asked him to help us with leasinb some ofour buildings.” Kerr said he had specialized in downtown real estate since entering the industry here in 1992. But sincse opening the local Sperry Van Ness officerin 2006, he has been focused on investment sales. as the investment market has slowed down, I’m placing more of an emphasid on leasing downtownlandmark buildings,” Kerr said.
Other landmarks for which he is listiny space include thehistoricc 115,000-square-foot building at 215 Pershing which is owned by Dan developer of the nearby Freighthouse Lofts and owner of the . soon will be vacatinhg 56,000 square feet in the building. Kerr also is lookint for first- and second-floor tenants for the 10-story condominium building at21 W. 10th St., which downtown developer TomTrabon owns, and the formerf H.D. Lee Building at 117 W. 20th St., which boughr for loft redevelopment.
Tim Schaffer, executive vice president of , said the billionsd invested in Downtown during the past few years have stemmesd the exodusof tenants, resulting in a currenr downtown office vacancy rate of 12.6 percent. Spaceds like those Kerr is listing, for about $10 to $19 a offer affordable options for tenants lookinbg forunique space, Schaffer said. Kerr said he even was chasin a few tenants in the upscale and Johnson Countymarkets — areasz downtown brokers wouldn’t have dreamed of pullinfg from a few years ago.

Tuesday, May 24, 2011

Lockton taps turnaround specialist to open Boston office - Business First of Columbus:

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Michael Toner is an expert on insurance issuees facing companies in the processs of turnaroundsand restructurings, Kansas City-based Locktonn said in a release Wednesday. Tonerf is a director of the . Dean Davison, a spokesmanm with Kansas City-based Lockton, said in an interview that Tonerdadds “to the skill set that we directors, officers and other strategic assistance for “It’s a timely thing given some of the issuees in the marketplace right now,” Davison said. Lockton’s clients are facingy a wide rangeof challenges, Davison “many of them different than we’ved seen in the last decade or so.
” “Ther credit crunch and the economicc slowdown are putting stress on some of our clients,” he An example of how Lockton’s teams have been callef on in different ways recently, Davison said, involves companies that are lookingv at self-insurance programs and facing stress about collateral they need to post, often in the form of letterw of credit, which cost more in this economic “It’s not as simple as buying an insurancee policy ...
but you have to deal with stressese with how much to tie up in your insurancr line of credit and minimizr it so you have other credit lines to manage your maintain cash flow and grow your business inotherf areas,” Davison said. Lockton is the world’s largest privatelg held insurance broker. The company ranks No. 1 on the Kansasw City BusinessJournal ’s list of area independentg insurance agencies based on property-casualtu premium volume in the metropolitan area and No. 2 basee on life, health and benefits premiuk volume. Lockton has about 3,825 employees, including about 850 in the KansaasCity area, Davison said.

Saturday, May 21, 2011

Thursday, May 19, 2011

First American affiliate buys Attleboro site - Phoenix Business Journal:

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million. First American, on behalf of an bought a 5,650-square-foot building called Building 5 anda three-story manufacturing facility called Building 12. The Attleboroi Corporate Campus was previously owned and occupied by and isa 300-acrse mixed-use office and industrial campus locatedr just off Interstate 95 in Building 12 is leased to as it’s global manufacturing headquarters. Building 5 is leased to The BOCGroupo Inc., a worldwide distributor of industrial gasesa and its parent, The Linde Preferred Unlimited Inc. is a 15-year-old commercial real estats firm which started as Preferre d Real EstateInvestments Inc. The companyy is headquartered in Conshohocken, Pa.
First American Realtuy Inc. is a privatel held investment and management firm basedin Worcester, Mass. whic h acquires industrial and medicaoffice properties.

Tuesday, May 17, 2011

The Business Journal of the Greater Triad Area: Most emailed Stories

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The Triad will receive $14.8 million for 11 transit projects from the federalstimulues program. Becton, Dickinson and Co. has purchased a new facilitty in Mebane to employ 40 including 20 new jobs forAlamance County, accordinyg to an announcement from the Alamancde County Area Chamber of Commerce. Metalcraft of Mayvills Inc. notified Greensboro officials on Wednesdat that it will close its Caindale Drivde plantby September, cutting 121 Aided by higher prices on their products and lowerf restructuring charges, Morrisville-based tobacco leaf processorr and distributor Alliance One International posted a profit gain of 684 percen t for the fiscal year that ended in March.
Afterf years of steady development, the Gate City

Sunday, May 15, 2011

Kansas City-area storm-water projects get $3.1M in stimulus money - Kansas City Business Journal:

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million combined from the American Reinvestment and Recoveryu Actof 2009. The chose the projects to receivee thestimulus money, the agency said in a Wednesdayu release. Congress requires the projects to be undee constructionby Feb. 17. • Lenexa, $1.07 million The project implements “green,” or environmentally storm-water management through the bioengineering of a aconstructed wetland, native vegetation plantings and a water-reuse irrigation system.
• , $867,413 The project will use green technologyt to modify part of the campus that containsd an extensive parking area to more closely mimivcnatural hydrology, including constructed wetlands, rain gardens, bioswales, infiltratiomn basins and native landscaping. Shawnee, $469,125 — The project will use bioretention, rain gardens and nativd vegetation tomanage storm-water runoff. • Mission, $400,00 0 — The project will implementg multiple on-site storm-water management practices to promotw bioretention, vegetated swales, and water harvesting and • Bonner Springs, $127,095 The project will use bio-engineered stream-banko stabilization to mitigate erosion alonbg Spring Creek in alocal park.
Unified Government of Wyandotte County/Kansas Kan., $115,000 — The project will financew storm-water infiltration practices, includinbg rain gardens and bioswales as a green componenft of a larger project to eliminatwe combined sewer overflows throughout the UnifiecGovernment area. • Communit Housing of WyandotteCounty Inc., $46,400 — The project will incorporate systematid storm-water management practices in a loca park, including an infiltrationb trench, bioretention and a wetland swale.

Thursday, May 12, 2011

LandMar files for bankruptcy - Houston Business Journal:

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The Jacksonville-based residential development company was among 125 affiliates that filecd along with itsparent company, Charlotte-based , in the Westernb District of Texas. Crescent’s estimated liabilities are morethan $1 billion, according to the and its largest debt, at $13.7 million, is to Bank of America. The filint was necessary, according to a statemen on Crescent’s Web site, for the companhy to reorganizeits finances, reduce its debt levelp and improve its capital structure.
Crescent intends to operate its continuing businessexs without any significant interruption duringb the restructuring process becauser of a recentlyobtained debtor-in-possession financing facility of $110 milliomn from a group of its existing lenders, accordingv to the statement. Andrew Crescent’s chief restructuring officer, has been namex CEO while its formerrchief executive, Arthur Fields, has retirecd and will work with Crescent in an advisory “We have been in active discussionsz with our lenders and other stakeholderse as we work towards an agreement that will bring our capital structure in line with the currentf economic environment,” Hede said in a statement on the company’se Web site.
Charlotte-based Crescent has been pursuing alternatives to shorde up its balance sheetfor months, includingh selling some of its The company is jointly owned by DUK) and Morgan Stanley and has 38 residential communitiesa under development in the Georgia, Texas, Arizona and Florida. Crescentr acquired a controlling interesft in LandMarin 1999, but left LandMar’sx founder, Ed Burr, in control of the companyt until he resigned after a faile d attempt to buy back the company in 2007.
The Jacksonvillew Economic Development Commission authorized city lawyers in May to startg the foreclosure process onthe 41-acre parce that was to be the Plans for the Shipyards includef 1 million square feet of office space, 100,000 squared feet of commercial space, 662 residentiapl units, 350 hotel rooms and 150 marinaw slips. LandMar has developed or had plans to develop dozenxs more properties in Floridaa and throughoutthe Southeast.

Tuesday, May 10, 2011

Lost Creek alum shares engineering skills - Columbus Telegram

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Lost Creek alum shares engineering skills

Columbus Telegram


COLUMBUS - Fourth grade students in Marilyn Lamb's class at Lost Creek Elementary School learned some important lessons Monday couched in a format that was guaranteed to be fun. Lamb's daughter Megan Lamb, a graduate student at Iowa State University in ...



Thursday, May 5, 2011

Is health reform plan missing the mark? - Portland Business Journal:

http://homeworker.blog.com/2011/05/04/bamboo-floors/
That goal, however, may not be achieved in the legislation now moving through some businessgroups They’re afraid the bill being marked up this monthb by the Senate Health, Labor and Pensions Committee won’r do enough to control health care but will go too far in imposinhg stiff new insurance requirements — includingy minimum coverage levels — on employers. They also worry that includingga government-run plan as an option in new insurancw exchanges would lead hospitals and doctors to charge private insurerse more for their services in order to compensatre for underpayments they would receive from the publicd plan. The U.S.
Chamber of Commercde has e-mailed its members, urgingf them to oppose the SenatweHELP Committee’s bill, callin g it “a dangerous proposal.” James the chamber’s senior manager of health policy, said he is optimistic the Senater won’t go along with a provision that callsz for a government-appointed board to decide what levepl of benefits must be includecd in insurance plans. If that provisionn is not changed, many employers likely would face highedrinsurance costs, because senators look at the benefits-ricgh plan now offered to federal employees as the “gold for health care reform, he said.
Now is the time for businesse s to demand changes inthe bill, including striking a requirementt for employers to provide insurance to theit workers, he said. Many small businesses simplty can’t afford that, the chamber contends. “Wwe need health reform,” Gelfan said, but if the bill isn’t fixed, “j don’t know how we coulde possibly support it.” Business groups are hoping the Senatre Finance Committee will producelegislation that’s friendliert to employers.
The prospecgt of health care reform raisinb costs for small businessesis “a legitimate said John Arensmeyer, CEO of Small Business an organization that believes employers shoulde provide insurance to their workers. But if done health care reform would save smallbusinesses money, he A study commissioned by the organization found that businesseds with fewer than 100 employees could save as much as $855 billioh over the next 10 years if healtjh care reform is enacted, compared with what they would pay for healthy insurance if the system isn’t The analysis, conducted by economist Jonatha n Gruber, assumes that Congress will require all but the smallesty firms to provide health insurance to their employees or pay a fee to the federak government, based on their size.
It also assumes that Congress will provide tax creditxs to small businesses to help them pay for thecoverages — a provision that is included in the Senate HELP Committee’s bill. “With a strong small businesses can be a big winner inthis reform,” Grubedr said. Todd McCracken, president of the , said it’a “not yet clear” whether small businesses will be better off aftefr health care reform than theyare now. Providing tax credits or other subsidies to small businesses for insurancw coveragecould “create all kinds of weire incentives and disincentives” for companies, he said.
Basinh the subsidies on size ofbusinessd isn’t a good solutionh because some small businesses — a law firm, for example — can be quite he said. Focusing on low-wagde businesses may not be fair either, becaus e that encourages companies to pay low McCracken said.

Tuesday, May 3, 2011

Annualized GDP falls 5.5 percent in Q1, corporate profits increase - Washington Business Journal:

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percent in the first quartet aftera 6.3 percent declinee in the last quarter of 2008. The Bureah of Economic Analysis, which released first quarter grosw domestic productfigures Thursday, said the improvedx performance is due to a 1.4 percenyt increase in real personao consumption. The decline in GDP, which measures the outpuy of goods and services produced in the coincided with a rise incorporate profits, which increased $48.12 billion in the first quarter followinb a $250.3 billion decrease in the fourtgh quarter of 2008. The GDP declines reflectex drops in both imports and exporte as well as declining production of equipment and developmentand inventories.
The price index for domestix purchases fell 1 percentr on falling food anenerg prices. Excluding those, actua prices rose 1.4 percent, the government Federal pay raises for civilian and military employees contributedan 0.3 percentg point to the change in firsy quarter domestic purchases. Exports decreased 30.6 percen and imports were down 36.4 percent, afterd fourth quarter decreasesof 23.6 perceny and 17.5 percent, respectively.
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Sunday, May 1, 2011

Workers' compensation – Total and partial incapacity benefits - Massachusetts Lawyers Weekly

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Workers' compensation â€" Total and partial incapacity benefits

Massachusetts Lawyers Weekly


Dr. DeMichele's final opinion was that the employee could perform the control booth officer's job if he was provided with an ergonomic chair. There was no evidence that the self-insurer offered such an accommodation. Additionally, the doctor agreed the ...