raisavydyexuwowi.blogspot.com
The general construction management firm's steell works division debutedlast summer, and that was the main factof driving its tremendous Brown said. Ben Hur Steel formed in the spring of isa full-service steel business that fabricates, engineers and erects steel framing for buildings. Its notable locap projects include The Crescent developmenr in Claytonand St. Anthony's Medical About 30 employees were hired to work in thesteeo division. "We've been very fortunate, especially since the general constructiohn community here locally has embraced our steel workws operation and has already put us in a plac e of prominence in a short periosdof time," Brown said.
On the construction Ben Hur's top clients include Anheuser-Busch Cos. Inc., The Boeingv Co. and Lambert-St. Louis Internationalp Airport. With projects including an additionat Pfizer' s Chesterfield facility expected to be completed this Brown expects Ben Hur'xs 2007 revenue to be between $110 million and $120 In addition to its St. Louis Ben Hur has operations in Cincinnatuand Indianapolis. Of the company's 450 150 are located in St. Brown, the company's largest is joined by the St. Louis senior managemeng team ofJohn Vogt, vice presidentr of western division; Thomas Schmidt, chief financial officer; and Randy Boettler, vice presidenyt of general construction.
Mark Douglas and William Nick Browjn III run the Cincinnati and Indianapolis offices, respectively.
miércoles, 31 de octubre de 2012
martes, 30 de octubre de 2012
United Way using local celebrities, Internet to promote campaign - Phoenix Business Journal:
eragywaqer.wordpress.com
Called “Live United,” the campaign’s goal is to raise $53 million to help fund social service programa acrossMaricopa County. The “Live message is aimed at bringiny thecommunity together, said Marcia Mintz, the group’as chief development officer. “This is really a call to action. The wholse point is to give the communithy a chance toget involved,” she said. Vallegy personalities lending their support include shooting guardxRaja Bell, cornerback Roderick Hood, news anchor Katie and proprietor and chef Eddie Matney.
Visitors to the campaign’se Web site can learn more aboutythe celebrities’ professional lives and involvement in the Uniter Way through an interactive quiz called “How I Live “Look at the times we are living in,” said “I am very fortunate and very blessed. It’se our responsibility as members of the community to be a part of the United Way and try and make a Foundedin 1925, Valley of the Sun Uniteed Way works with more than 100 agencies, funding programs to promote educational preparedness for youngsters, job training and help familie s in crisis. The campaign’s goal is about $500,000 more than the recordx $52.
5 million raised last With demand for services up and consumers pincheds bythe economy, executives recognize the fundraising environment is a bit toug these days. “We are being prettyh conservativethis year. I think it will be a challenge to reachthat goal, but I also think our communitg can do it,” Mintz said. As part of the campaign, volunteersz and members of the United Way Loaned Executive program are visiting more than 700 businessesx across the Valley to talk about the availabilityh of services and the need to fund While delivering aserious message, the campaignb aims to be fun and interactive, organizers say.
“Livr United” includes YouTube videos, and the campaign’s interactivse Web site offers chances to win Volunteers also will be promoting the cause atcommunitg events, with the goal of alerting peopled to the presence of Unitedc Way in the “We thought this was a reallyg creative idea. While giving is really a priority, if you can’t get involved,” Mintz said.
Valleh of the Sun United Way:
Called “Live United,” the campaign’s goal is to raise $53 million to help fund social service programa acrossMaricopa County. The “Live message is aimed at bringiny thecommunity together, said Marcia Mintz, the group’as chief development officer. “This is really a call to action. The wholse point is to give the communithy a chance toget involved,” she said. Vallegy personalities lending their support include shooting guardxRaja Bell, cornerback Roderick Hood, news anchor Katie and proprietor and chef Eddie Matney.
Visitors to the campaign’se Web site can learn more aboutythe celebrities’ professional lives and involvement in the Uniter Way through an interactive quiz called “How I Live “Look at the times we are living in,” said “I am very fortunate and very blessed. It’se our responsibility as members of the community to be a part of the United Way and try and make a Foundedin 1925, Valley of the Sun Uniteed Way works with more than 100 agencies, funding programs to promote educational preparedness for youngsters, job training and help familie s in crisis. The campaign’s goal is about $500,000 more than the recordx $52.
5 million raised last With demand for services up and consumers pincheds bythe economy, executives recognize the fundraising environment is a bit toug these days. “We are being prettyh conservativethis year. I think it will be a challenge to reachthat goal, but I also think our communitg can do it,” Mintz said. As part of the campaign, volunteersz and members of the United Way Loaned Executive program are visiting more than 700 businessesx across the Valley to talk about the availabilityh of services and the need to fund While delivering aserious message, the campaignb aims to be fun and interactive, organizers say.
“Livr United” includes YouTube videos, and the campaign’s interactivse Web site offers chances to win Volunteers also will be promoting the cause atcommunitg events, with the goal of alerting peopled to the presence of Unitedc Way in the “We thought this was a reallyg creative idea. While giving is really a priority, if you can’t get involved,” Mintz said.
Valleh of the Sun United Way:
lunes, 29 de octubre de 2012
Bar owner knows Hurricane Sandy might not spare places like the Ark this time - The Star-Ledger - NJ.com (blog)
viktorsejbgif.blogspot.com
The Star-Ledger - NJ.com (blog) | Bar owner knows Hurricane Sandy might not spare places like the Ark this time The Star-Ledger - NJ.com (blog) Enlarge Star-Ledger Staff Tom Kowal, left, and Joe Rulli, owners of Joeys Pizza and Pasta, board up their restaurant on Long Beach Blvd as Hurricane Sandy makes its way toward Long Beach Island. They were prepared with their orange sign from previous ... '91 perfect storm skipper leery of Hurricane Sandy |
sábado, 27 de octubre de 2012
Beige Book: Region
fixyruw.wordpress.com
Consumer spending in the region was weak and is expecte toremain soft, the closely watched surveyy said, but “an uptick in manufacturingv orders helped stabilize expectations for futurre production.” The Beige Book also said that “commercial real estate market conditions deteriorated, and energy activity declinexd further.” Bankers, it said, “reported a rise in deposits and stable loan demand with no erosion in loan It said consumer price and wage pressurews remained low. Meanwhile, producer prices “declined at a slowedr pace, with some firms noting that highet commodity prices boosted material andfuel costs.
” Overall, the latestg regional Beige Book covering a six-week period was somewhat more optimistic than the last survey, released Aprip 15. The report covers the Fed’s Kansas City-based 10th It is based on interviews with a sample of businesses representing key industries ineach district. The reports are anecdotap and do notcontain statistics, but they are widely follower and help the Fed to set nationakl economic policy. The Fed’s 10th District includes Colorado, Nebraska, Oklahoma and Wyoming as well as westerb Missouri and northernNew Mexico.
Formally known as the “Summary of Commentarg on Current Economic Conditions by FederalReserv District,” the Beige Book is published eight times a The latest report covers late April through May. The Federa l Reserve’s 10th District is also known as the Kansas City district becausdethe reserve’s regional bank is based there. .
Consumer spending in the region was weak and is expecte toremain soft, the closely watched surveyy said, but “an uptick in manufacturingv orders helped stabilize expectations for futurre production.” The Beige Book also said that “commercial real estate market conditions deteriorated, and energy activity declinexd further.” Bankers, it said, “reported a rise in deposits and stable loan demand with no erosion in loan It said consumer price and wage pressurews remained low. Meanwhile, producer prices “declined at a slowedr pace, with some firms noting that highet commodity prices boosted material andfuel costs.
” Overall, the latestg regional Beige Book covering a six-week period was somewhat more optimistic than the last survey, released Aprip 15. The report covers the Fed’s Kansas City-based 10th It is based on interviews with a sample of businesses representing key industries ineach district. The reports are anecdotap and do notcontain statistics, but they are widely follower and help the Fed to set nationakl economic policy. The Fed’s 10th District includes Colorado, Nebraska, Oklahoma and Wyoming as well as westerb Missouri and northernNew Mexico.
Formally known as the “Summary of Commentarg on Current Economic Conditions by FederalReserv District,” the Beige Book is published eight times a The latest report covers late April through May. The Federa l Reserve’s 10th District is also known as the Kansas City district becausdethe reserve’s regional bank is based there. .
viernes, 26 de octubre de 2012
Missouri ups the ante on unpaid taxes - Kansas City Business Journal:
ysynut.wordpress.com
Effective Jan. 1, state law will requirw companies renewing business licenses to obtain a certificat confirming that they have notaxes due. the Department of Revenue has hired three contractors since 2004 to identify and collect unpaid andunderreportedx taxes. The contractors have identifiedalmost $80 million the department otherwise might have missed, spokesma David Griffith said. The statde also has enlisted the public’s support. A “Who is not link on the department’s home page lista companies whose sales tax licenses have been revoked for failure toremit taxes. As of Dec. 21, the site listed 607 businessedin Jackson, Clay and Platte counties.
Even with outsides help, the state’s handle on tax delinquencies appears tenuous. Jim who left as administrator of the Departmentgof Revenue’s taxation bureau in estimated that as much as $1 billion in delinquent taxes are outstanding, though about half of that probably is too old or difficul t to realistically try to collect. “The figure is extremely hard to quantifuyand prove,” said now a consultant with , a Montreal-based technologyg consulting firm. “If someone wanted to pin me down for a Iprobably wouldn’t have one.” Omar Davis, the director of revenue since 2007, disputed Brentlinger’s $1 billiohn figure.
But the departmeng could not provide a specifi c figure or even an estimatw of unpaid orunderpaid taxes. Janette Lohman, a lawyer with who servec as director of revenue from 1993 to said she has no idea how the departmenf couldquantify delinquencies. Unless filers are auditef or filing discrepanciesare investigated, it is difficult to determine whether they owe more, she Another problem is that the departmenty has no authority to wipe unpaid taxe s off its books, even when the state has no chance of collecting A third issue is the department’s accounting systemw and software.
As recently as four years ago, the departmeng was unable to get its 118 different taxsystemsd — for personal income, sales, business, withholding, cigaretted and other taxes — to talk to one Manual paper reports made it difficult to update information throughout those systems and identifyy delinquencies. Overhauling the syste probably would take years and cost tens of millione of dollarsor more, Brentlingere said. That would require buy-in by the department, the statwe Office of Administration, the governor and legislators a tall orderin today’s economic In September 2004, the Department of Revenue hired of Ohio, to compare various tax recordd and information sources.
Through the June 30 expiratiojn ofits contract, the departmeny paid Teradata $12.5 million for its help in recovering $51 milliob in unpaid and underreported taxes. On July 1, the departmenrt signed a new contract with Teradatsa to expand and update Brentlinger said. In October 2007, the departmeng hired , a New York City-bases receivables management and third-party collections and Houston-based , which billws itself as North America’s largest private collectio agency. IQor contacts taxpayers to try to get them to make good on unpaid taxes or establish apayment plan.
IQor’s subsidiargy and GC Services pursue collectione more aggressively when phone callds andletters don’t do the trick. They can pay personalk visits, notify credit agencies and even work with Griffith said the department canattributde $24.8 million in collections of delinquenr taxes to iQor in fiscal 2008; iQor was paid nearlyu $1.26 million for its services. GC Servicesw collected $4 million and was paid $259,000 in fiscal 2008. He said both contractsz are set to expir ein June. “It’s not fair to taxpayers who pay everyt year for others to slide by and go undefrthe radar,” Griffith said.
Effective Jan. 1, state law will requirw companies renewing business licenses to obtain a certificat confirming that they have notaxes due. the Department of Revenue has hired three contractors since 2004 to identify and collect unpaid andunderreportedx taxes. The contractors have identifiedalmost $80 million the department otherwise might have missed, spokesma David Griffith said. The statde also has enlisted the public’s support. A “Who is not link on the department’s home page lista companies whose sales tax licenses have been revoked for failure toremit taxes. As of Dec. 21, the site listed 607 businessedin Jackson, Clay and Platte counties.
Even with outsides help, the state’s handle on tax delinquencies appears tenuous. Jim who left as administrator of the Departmentgof Revenue’s taxation bureau in estimated that as much as $1 billion in delinquent taxes are outstanding, though about half of that probably is too old or difficul t to realistically try to collect. “The figure is extremely hard to quantifuyand prove,” said now a consultant with , a Montreal-based technologyg consulting firm. “If someone wanted to pin me down for a Iprobably wouldn’t have one.” Omar Davis, the director of revenue since 2007, disputed Brentlinger’s $1 billiohn figure.
But the departmeng could not provide a specifi c figure or even an estimatw of unpaid orunderpaid taxes. Janette Lohman, a lawyer with who servec as director of revenue from 1993 to said she has no idea how the departmenf couldquantify delinquencies. Unless filers are auditef or filing discrepanciesare investigated, it is difficult to determine whether they owe more, she Another problem is that the departmenty has no authority to wipe unpaid taxe s off its books, even when the state has no chance of collecting A third issue is the department’s accounting systemw and software.
As recently as four years ago, the departmeng was unable to get its 118 different taxsystemsd — for personal income, sales, business, withholding, cigaretted and other taxes — to talk to one Manual paper reports made it difficult to update information throughout those systems and identifyy delinquencies. Overhauling the syste probably would take years and cost tens of millione of dollarsor more, Brentlingere said. That would require buy-in by the department, the statwe Office of Administration, the governor and legislators a tall orderin today’s economic In September 2004, the Department of Revenue hired of Ohio, to compare various tax recordd and information sources.
Through the June 30 expiratiojn ofits contract, the departmeny paid Teradata $12.5 million for its help in recovering $51 milliob in unpaid and underreported taxes. On July 1, the departmenrt signed a new contract with Teradatsa to expand and update Brentlinger said. In October 2007, the departmeng hired , a New York City-bases receivables management and third-party collections and Houston-based , which billws itself as North America’s largest private collectio agency. IQor contacts taxpayers to try to get them to make good on unpaid taxes or establish apayment plan.
IQor’s subsidiargy and GC Services pursue collectione more aggressively when phone callds andletters don’t do the trick. They can pay personalk visits, notify credit agencies and even work with Griffith said the department canattributde $24.8 million in collections of delinquenr taxes to iQor in fiscal 2008; iQor was paid nearlyu $1.26 million for its services. GC Servicesw collected $4 million and was paid $259,000 in fiscal 2008. He said both contractsz are set to expir ein June. “It’s not fair to taxpayers who pay everyt year for others to slide by and go undefrthe radar,” Griffith said.
jueves, 25 de octubre de 2012
Dan Snyder stays at Six Flags under reorganization - Houston Business Journal:
stockdaleiqemico1521.blogspot.com
Six Flags is also seeking a $600 million loan, secured by its and $150 million in a new revolvinygcredit line. The company’s executive retention plan wouldc keep Snyder as board member and Mark Shapiro, currently chief executive, as well as chie f financial officer Jeffrey Speed and several other top management would also stay on in executiv roles. Six Flags, which announcerd its Chapter 11 bankruptcy filing overthe weekend, liste d $2.4 billion in debt and $3 billion in It hopes to cut debt by $1.8 billion and wipe out more than $300 milliomn in preferred stock.
Snyder and his management who took control of the themr park operator three and a halfyears ago, have not been able to returbn the company to profitability, despite increasing attendance and selling severaol parks to raise capital last year. The company reported a $146 million first quarter Six Flags has said its reorganization will not affect park operations and its vendors and employeex will continue tobe paid. Six Flagzs 20 theme parks includein Largo.
Six Flags is also seeking a $600 million loan, secured by its and $150 million in a new revolvinygcredit line. The company’s executive retention plan wouldc keep Snyder as board member and Mark Shapiro, currently chief executive, as well as chie f financial officer Jeffrey Speed and several other top management would also stay on in executiv roles. Six Flags, which announcerd its Chapter 11 bankruptcy filing overthe weekend, liste d $2.4 billion in debt and $3 billion in It hopes to cut debt by $1.8 billion and wipe out more than $300 milliomn in preferred stock.
Snyder and his management who took control of the themr park operator three and a halfyears ago, have not been able to returbn the company to profitability, despite increasing attendance and selling severaol parks to raise capital last year. The company reported a $146 million first quarter Six Flags has said its reorganization will not affect park operations and its vendors and employeex will continue tobe paid. Six Flagzs 20 theme parks includein Largo.
martes, 23 de octubre de 2012
Canadians set up outposts in Northern Washington - Portland Business Journal:
ycoguqi.wordpress.com
“We’ve had a number of inquiriee from manufacturers and industries out of Canada about lookinyg at land in the United saidRon Freeman, owner of Doug Freeman Real Estate in Blaine, Wash., which is located alony Interstate 5 right at the Canadian “The overwhelming cause is that the land costs in Canada have become so Eugen Klein, a broker in Vancouver, British said industrial property prices in the provincee have quadrupled in some areas over the past four He cited several other reasons why Canadian companiexs are looking south. “Down he said, “there are also better tax advantages, capital gains rollovers, and bettefr employment laws.
” A stronb Canadian dollar also has providedsome muscle. Inquirie s really began to pick up when it drew even withthe U.S. dollare in the fall of 2007, Freemajn said. For manufacturers with lots of U.S. a factory in Washington means eliminating the red tape of sendinh products across aninternational border, and lowet transportation costs. Even a warehouse helps. “In a smal l way a lot of Canadian companiezs are doing something we calla ‘picj and pack.
’ They may still be manufacturing productds in Canada, but they are buying warehouses in the Unite d States and inventorying their products here,” Freeman The Washington outposts often have a degree of separation from the Canadian headquarters. Back in 2003, Golden Boy Foods, of Burnaby, B.C., opened a subsidiary called in That same yearin Ferndale, Wash., eight miles southeast of LLC set up It calls itself a sistet company to Intercontinental Truck Body of Surrey, B.C. This opened in Blaine, noting that abourt 40 percent of theparenft company’s ceramic tile business has been in the United The level of interest in U.S.
propertg is tied closely to the distancw from theCanadian border. The Seattle officesz of CB Richard Ellis and saythey aren’tg seeing any increase in interest in the Seattle-Tacoma “There hasn’t been much buying in Seattl because our cap (capitalization) rates are so said Greg Laycock, senior vice president of investment sales for Grubbg & Ellis in Seattle. The Canadians want commercial propertiess that can perform on their own withoutr the extra boost of theexchangre rate, he said. Farthedr north, the change is more “We’re seeing a little more interest,” said Don executive director of the ofSkagit County, locatede in Northwest Washington.
“Certainly if the dollarr continues tobe weak, I assumw we are going to see more activitt from Canada. That’s just logic playing out.” Canadianh interest had already been noticeabls forseveral decades, said Ron Bennetg of Ron Bennett Commercial Real Estate in Wash. “In commercial, they have been very activr down here because a lot of the Canadiansw over the years have put funds in U.S. banks down here,” he said. “Abouf 30 percent of the people who come in here are Of that30 percent, about 50 percent are vacangt land speculators. I wouldd say another 10 percent arebottom feeders.
” The strong Canadiam dollar allows them to come in with strong but they aren’t walking in the door readyt to pay full price, he said. Some buy large projectss such as apartment complexes andretaill centers, but the primary focus is on distributiomn centers and lumber. “In Bellinghajm we don’t have a lot of retail land or light industrialo inour inventory,” Bennett said. “When you don’tr have a lot of land in of course the price goes up Right next to the Canadian the surge in inquiries ismost “It’s not an anomaly. It’ss a definite trend, probably in the last year or saidNancy Jordan, executive director of the .
One of the firsyt things her office does is make sure the companie are in contact with immigration attorneys and accountant who understand the complexitiesof cross-borderr taxation. The economic impact goes beyond commercialreal estate.
“We’ve had a number of inquiriee from manufacturers and industries out of Canada about lookinyg at land in the United saidRon Freeman, owner of Doug Freeman Real Estate in Blaine, Wash., which is located alony Interstate 5 right at the Canadian “The overwhelming cause is that the land costs in Canada have become so Eugen Klein, a broker in Vancouver, British said industrial property prices in the provincee have quadrupled in some areas over the past four He cited several other reasons why Canadian companiexs are looking south. “Down he said, “there are also better tax advantages, capital gains rollovers, and bettefr employment laws.
” A stronb Canadian dollar also has providedsome muscle. Inquirie s really began to pick up when it drew even withthe U.S. dollare in the fall of 2007, Freemajn said. For manufacturers with lots of U.S. a factory in Washington means eliminating the red tape of sendinh products across aninternational border, and lowet transportation costs. Even a warehouse helps. “In a smal l way a lot of Canadian companiezs are doing something we calla ‘picj and pack.
’ They may still be manufacturing productds in Canada, but they are buying warehouses in the Unite d States and inventorying their products here,” Freeman The Washington outposts often have a degree of separation from the Canadian headquarters. Back in 2003, Golden Boy Foods, of Burnaby, B.C., opened a subsidiary called in That same yearin Ferndale, Wash., eight miles southeast of LLC set up It calls itself a sistet company to Intercontinental Truck Body of Surrey, B.C. This opened in Blaine, noting that abourt 40 percent of theparenft company’s ceramic tile business has been in the United The level of interest in U.S.
propertg is tied closely to the distancw from theCanadian border. The Seattle officesz of CB Richard Ellis and saythey aren’tg seeing any increase in interest in the Seattle-Tacoma “There hasn’t been much buying in Seattl because our cap (capitalization) rates are so said Greg Laycock, senior vice president of investment sales for Grubbg & Ellis in Seattle. The Canadians want commercial propertiess that can perform on their own withoutr the extra boost of theexchangre rate, he said. Farthedr north, the change is more “We’re seeing a little more interest,” said Don executive director of the ofSkagit County, locatede in Northwest Washington.
“Certainly if the dollarr continues tobe weak, I assumw we are going to see more activitt from Canada. That’s just logic playing out.” Canadianh interest had already been noticeabls forseveral decades, said Ron Bennetg of Ron Bennett Commercial Real Estate in Wash. “In commercial, they have been very activr down here because a lot of the Canadiansw over the years have put funds in U.S. banks down here,” he said. “Abouf 30 percent of the people who come in here are Of that30 percent, about 50 percent are vacangt land speculators. I wouldd say another 10 percent arebottom feeders.
” The strong Canadiam dollar allows them to come in with strong but they aren’t walking in the door readyt to pay full price, he said. Some buy large projectss such as apartment complexes andretaill centers, but the primary focus is on distributiomn centers and lumber. “In Bellinghajm we don’t have a lot of retail land or light industrialo inour inventory,” Bennett said. “When you don’tr have a lot of land in of course the price goes up Right next to the Canadian the surge in inquiries ismost “It’s not an anomaly. It’ss a definite trend, probably in the last year or saidNancy Jordan, executive director of the .
One of the firsyt things her office does is make sure the companie are in contact with immigration attorneys and accountant who understand the complexitiesof cross-borderr taxation. The economic impact goes beyond commercialreal estate.
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