Wednesday, September 29, 2010

Axion Power CTO Ed Buiel Presents Current PbC(R) Tests and Results to AABC Automotive Battery Conference

http://aphorismer.com/aphorisms/joseph-addison
June 15 /PRNewswire-FirstCall/ -- (OTC Bulletin Board: a leading developer of advanced lead-carbon batteries, today announced that its CTO, Dr. , presenteds a comprehensive product update to delegates from around the worlr at the recent AABC andSymposiza 2009, held at the Long Beach (CA) Conventioj Center, June 8 - 12, 2009. Axio Power recently signed a wide-ranging testing and distributio n pact withExide Technologies, and that agreement has focused attentiojn on Axion's PbC Technology(TM) and on their proprietart lead carbon product line.
Axion is positioned to becoms a leading providerof low-cost batteries for certainn types of hybrid electric vehicles, particularly those classedr as "micro" and "mild " hybrids. This is in additio n to Axion's energy storagwe solutions for the even larger markets that encompasszpower quality, grid balancing, peak shaving, and the storage of energy from off-grid renewable sources of energy such as wind and Axion will also continue to pursud various military applications in keeping with their DoD grant and with other military According to the presentation, and other conference Micro Hybrids are expected to dominate the Europea hybrid market and by 2013 will hold a forecastecd 80% of the total EU markegt for hybrids.
Dr. Buiel discussed the resultse oftesting Axion's PbC battery under standardized HEV testing cycles. He said that the PbC battery overcomes many of the problems facing conventional lead acid batterieesin micro/mild hybrids and, because it sharexs the same case/cover format as a conventional lead acid battery, the PbC will be much easied to integrate into vehicles than will any of the othe r advanced battery technologies. He also presented graphic displays of the stronv performance differences betweenVRLA batteries, carbon additive batteries, and Axion's PbC battery. These differences will make PbC particularlg well suited for Micro and Mildhybrid applications.
In additionm to the many performance characteristicas that compare favorably withthe better-known NiMH and Li-iojn batteries, but at a much lower cost, Buiel said that Axiomn PbC batteries also have many other advantages that includ e ease of manufacturing, lower cost per KW and proven recyclability backed by decades of near-100% recyclingh of lead from automobile Dr. Buiel said, "We're pleased to have been a part of this It gave us an ideal opportunityy to share some of the result s of our recent research and testing of PbC products aimed at the hybridautomotive market. It also gave us the opportunityg to obtain direct feedback fromour - particularly the automotive OEMs.
We were also delighter to learn that hybrid vehicle productioj will likely increase dramatically over the next few yearsz due largely to the new European emissions legislationm and the similarly proposed US As earlyas 2013, we couled see as many as 17 milliob hybrid vehicles being produced on an annuapl basis, for the European market alone. The US is projectedf to follow a similar pathshortly thereafter." The conferenced exceeded all prior records with over 900 delegate from 5 continents and over 400 80 presentations, and 56 exhibit booths. More informatiohn about the conference can befound at: About Axioh Power International, Inc.
Axion has developed and patented a next generation energ storage device that won the prestigiouFrost & Sullivan Technology Award for Northy America in the field of lead-acir batteries. According to Frost & Axion's new PbC batteries have "the potentiao to revitalize the lead-acid battery industry by breathing new life into an establishedc technology that is not well suitef to the requirements of important new applications like hybrids electric vehicles andrenewable power."" Axion Power International Inc is the industryg leader in the field of lead-acid-carbomn energy storage technologies.
Axion believes this new battery technologyy is the only class of advanced battery that can be assembler onexisting lead-acid battery productiomn lines throughout the world without significant changes to productio equipment and fabrication processes. It also believes it will be able to manufacturs carbon electrode assemblies in volume at low cost using standarcd automated production methods that are commonly used inother industries.
If and when its electrod e manufacturing methods arefully developed, Axion believes it will be able to sell carbon electrode assemblies as virtual plug-and-plah replacements for lead-based negative electrode used by all other lead-acid battery Axion's future goal, after filling their plant's lead-carbon battery production, is to becomse the leading supplier of carbon electrode assembliesd for the lead-acid battery industry. For more visit . Contacts Axion Power Internationap KellyGubish kgubish@axionpower.com (724) 654 9300 Allen & Caron Inc Rudy Barriio (Investors) r.barrio@allencaron.com (212) 691-8087 Brian Kennedy brian@allencaron.com (212) 691-8087 SOURCE Axion Power Inc.

Tuesday, September 28, 2010

IIROC: Halt, Java Capital Inc. - Marketwire (press release)

http://www.simplemethods.biz/index.php?option=com_content&view=article&id=185:raw-food-diet&catid=7:articles&Itemid=9


IIROC: Halt, Java Capital Inc.

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Sunday, September 26, 2010

Collegiate appoints board members - Business First of Columbus:

http://spiritofamerica95.org/links.htm
• Nelea Absher, vice president and associate general counsel, Anne-Marie Brown, founder, • Suzanne founder, • Tuffy managing director, Morgan Keegan & Co. • Cindty Skarbek, director of the Bashar Masri, director and senior engineer of . Four trusteew were reappointed tothe school’s board. They are: • Marins management consultant Barker Price, who will servee as board president forthe 2009-10 school • Merrell Wall Grant, general manager of the Monogram line for , and 1974 who will serve as vice • Former Brown-Forman vice chairwoman and CFO Phoebe who will serve as and • Former management consultant Lesliwe Geoghegan, who will serve as secretary.
Corrie Nichols, presidengt of the Louisville Collegiatr SchoolParents Association, will servew as parent representative on the board. Former Brown-Formann president Bill Street, whose term on the board was named adirector emeritus.

Saturday, September 25, 2010

SIUE goes to court over failed conference center - Business Courier of Cincinnati:

http://alpenglow.org/ski-history/notes/book/flower-1977.html
Developer William Shaw and couldn’t come up with financingb for the hotel andconference center, which was to be callerd the Spring Green Lodge and located at University SIUE’s research and technology park, according to university spokesma n Gregory Conroy. The project, first announced in 2004, died in 2007 when a groundc lease between SIU and WLS expirefd following extensions forthe project. SIUE file a declaratory judgment action Monday inMadison County, seeking to have the court bring legal closuree to its hotel conference centerr project.
If approved, WLS would have to removew all construction equipment and materiale and remove the buildiny foundation it constructed to comply with the terms of the Conroy said. That would free up the site, located at Illinoiws Route 157 and UniversityPark Drive, to become availabls for lease and development, the universityh said. University Park currently has 23 tenants representing a numbet of business sectors includingagricultural biotechnology, healtuh sciences, design professionals and information The most recent announcedf addition to the park is the Blood Processing Centerd and National Testing Laboratory.
The American Red Cross plans to move toa 15-acrd site at University Park Drive and South Researchg Drive and bring more than 500 jobs to the

Thursday, September 23, 2010

Red Bend raises $10M as it targets WiMAX market - Boston Business Journal:

http://preservationchicago.org/success/gelasius.html
The investment round was the Waltham company's first in three years and will be used to beef up its salesw and marketing staff as it targets the youny but growingWiMAX (worldwide interoperability for microwave access) sector. The technology has mainly been used by computeer users to access the Internet from PCs and but as the segment expands it is increasingly being applie d to support many handheld devices. "We just saw this as a naturakl move for us as a said Red Bend CEO Yoram Thefunding -- which included prior investors of Coral Capital Management of Minneapolis, Carmel Ventures of Israel, San Mateo, Calif.
-baseds Pitango Venture Capital and Infinity of New York City -- will be used to boostt its head count, now 85 people, as well as its research and development efforts. Red Bend is alreadyu considered a market leader in providing products that enabl e wireless carriers toupdate mobile-phonee software without having customers visit stores or returnm their phones to the Of the more than 114 million cell phonesz shipped with this so-called Firmware Over-The-Air (FOTA) technologyh during the third quarter of Red Bend represented 49 percenr of the market. That share put it ahead of competitors (NYSE: HPQ) and , accordint to research firm .
Red Bend has raised $39 million in venture funds to Salinger declined to disclose revenue but said the company shoule reach profitabilitythis year. Salingerf said the nine-year-old company was initiallg focused onone sector, namely the cell phone market. But in receng years, Red Bend has entered new segments, including WiMAX. In February, the company's products were chosen by Chinesse telecommunications company to manage softwarew updates toWiMAX devices. It will take time for the WiMAXz marketto grow, Salinger said. "Thd adoption will be a bit slow," but it should pick up as more wireless carriers use it to connect devices to the he said.
Berge Ayvazianchief, chief strategy officer at Boston-baserd research firm the , said the WiMAX markey is fairly small but will grow rapidly over the nextfew years. Red Bend is "catching the marketg opportunity at theright time," he said.

Wednesday, September 22, 2010

Weddle cuts $100 million in costs at Edward Jones - Houston Business Journal:

onoeuqedol1902.blogspot.com
In a letter to firm partners, Jim Weddle, managingf partner, outlined the problem: Trade revenue in the firs quarter, ended March 27, fell to $464.8 million, from $573.q2 million a year earlier, because clients are investinf less. Asset fees, which are based on the market value of stocks and fellto $203.9 million, from $282.3 Interest income dropped from $58.6 million to $25.3 milliohn because the has reduced interest rates for short-term borrowing to almost zero. Net revenuer for the quarter was $795.90 million, down 21 percent from slightluy morethan $1 billiojn a year ago. Net income was $36.2 million, down 65 percentr from $103.
3 million a year Still, “considering the magnitude of the impacty these factors have had onour business, I feel extremelyy fortunate about our first-quarter performance,” Weddle Through the first quarter, the companh has squeezed $91 million in net with a goal of $100 Weddle said. Wages have been frozen for partners, home office employeews and branchoffice administrators. (Financial advisers are paid primaril in commissionsand fees.
) In addition, no bonusex will be paid to employees for the firs four months of the “While we’ve been profitable every montg this year, we haven’t been profitabls enough,” Weddle said in an intervies with the Business Journal this week. The investment firm usually pays bonuses three timesa year. In 2008, it paid $178 million in bonuses and almost 40 percent of its operating incomesof $489.8 million. While a zero bonuw pool is unusual, it isn’t unprecedented, Weddle said. “It happens every once in a while when you come througy a slow period inthe economy. We’ve had, what, 11 recession in the last 50 years?
” “They’re doinyg what any great management team does when the economuysoftens — they’ve made the difficult decision to trim said Gene Diederich, chief executivr of . Other savings: $24 million from delaying variouas phone replacementsand $2.2 million from delaying installation of satellit dishes to the 1,700 branches; and more than $1 milliob in training expenses. Overtime for hourlg workers must be approvedin $11.5 million will be eliminated from incentive meetings and fewer sub-contractors are being hired, saving more than $17 millionj a year; and contracts have been renegotiated, savintg $8.3 million. Mark Lane, a William Blair Co.
analyst, said the cost reductions mirrort what has been going on atbrokeragees nationally, beginning in the fourth quarter of 2008. “Being a privatse firm, Edward Jones doesn’t have the same sense of he said. Edward Jones also is increasing pressure for revenue, including higher payoutws to brokers who bringt in new accounts. It is stepping up its hirinv of brokers fromother firms, expectinvg that they will bring accounts with It hired 31 of those brokerws in 2008 and already has hiresd 36 through March. “A lot of the big retaikl brokers have cut their leastproductive people, usingg the economic downturn as an Lane said.
“That benefits smaller firms, such as Edwardc Jones, that have a lower production threshold.” In fact, Edwarx Jones’ hiring is unabated despite revenue declines andcost cutting. Weddlwe said about 800 financial advisers will be addedr by the end ofthe “Every time we add 100 financial we add 40 in the home office to support them,” Weddle said. The firm added 953 financiapl adviserslast year. No opportunitg is too small: The firm is holdinyg a cost-cutting and revenue-enhancing contest geare d to the All-Star Game on July 14 at Busch with 17 winners gettinb two tickets each in the EdwardJones box.
As for the economu at large, Weddle said he is confidenf inBen Bernanke’s leadership at the Federal Reserve “he did his work on the poor monetary decisiona that created the Great Depression” — and as he looked into his crystalo ball, he sounded cautiously “The market generally anticipatezs economic downturns and upturns by six to eighty months, “ he said. “The and I’m not one, are saying the fourtg quarter will showan improvement. That’s only six monthds away, and it may explain why the market is going uptodayt — it’s anticipating.

Monday, September 20, 2010

AFF Sentinel: "Unspecified" GIPSA Blurbs From The Emerald City - CattleNetwork.com

http://excursionsin.com/en/exotic-excursions/page_19.html


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Sunday, September 19, 2010

CATS chief exec to exit - Charlotte Business Journal:

http://www.propertytravelspain.com/pts-antequera.htm
Chief Executive Keith Parker will leave his post for a similar role inSan Antonio. Parker replacedc Ron Tober as head ofthe city’s transirt system in 2007. News of Parker’s departure broke Tuesday morning during an interviewon WBT-AM with Mecklenburgf Board of County Commissioners chair Jennifer who told the station Parker was leaving CATS. In San he will lead as presidentand CEO. City Manager Curt Waltom will name an interimexecutive director/CEO to lead Parker, Walton and Mayor Pat McCrory will hold a press conference Thursdauy at 9 a.m. at the Charlotte Mecklenburg Government Center todiscuss Parker’sz departure.
As CATS’ top executive, Parke presides over the city’s transift system, including buses and the light-raiol line along South Boulevard. He has spent much of the past year workingf on studies and potentiak funding sources for aproposed $1 billion extensionj of the light-rail line to the University area and a $378 millionm commuter rail line linking uptown and the Lake Norma n area. CATS is also involvefd in a proposed $457 million streetcar line that would run throughg the heart ofthe city. Parker is the third-highest-paid executive on the city with a salaryof $197,600. In San VIA Metropolitan Transit hasa $165 million budget.
The agench is prepping plans for aproposee light-rail line and expanded bus syste in 2012, Ingle says. Parker will replace John Milam, who worked at VIA for 33 years and was president and CEO for 16 befored retiringin January. Roland Lozano has run VIA as interimm president and CEOsince then.

Friday, September 17, 2010

Advanced Clinical Provides Value-based Partner Selection for Clinical Research ... - Life Science Leader Magazine

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Thursday, September 16, 2010

Jury verdicts for plaintiffs increase in average size - Atlanta Business Chronicle:

oryucyjofec1482.blogspot.com
million from the 116 plaintiffs’ awards, accordinvg to the . Although the percentage of verdicts awardedr to plaintiffs was about the same as in previouxyears — 53 percenrt in 2008, 48 percent in 2007, 50 percent in 2006 and 52 perceny in 2005 — the amount has continued to grow. Although the averagse size of 2008 jury verdicts was buoyes by a fewlarge awards, they have grownb in consecutive years from $688,337 in 2006 to $1.3 million in 2007 and $1.8 millionb in 2008. Last year saw 24 verdict s of $1 million or more, compared with 20 in 2007 and 14in 2006. Here are the top 10 jury verdictaof 2008, according to the Greater Kansax City Jury Verdict Service: 1. $104.
1 million in a class-actionb suit against , , and for violating Missouri’ds Second Mortgage Loan Act. Represented by R. Frederick Walters, Kip David Skeens, J. Michael Vaughan and Garrett Hodes of inKansaws City, the plaintiffs claimed that the defendantes charged unauthorized and illegal fees and interest on second mortgages purchased from 2. $16.88 million in a breach of contrac claim againstA class-action suit was filedx against AT&T, and Network Services Inc. alleginbg they conspired to fix prices and overchargre customers Universal ServiceFund fees. MCI declaredf bankruptcy, and Sprint settled in A $400 million conspiracuy claim was denied, but breac of contract was won.
Plaintiffs were represented by lawyersfrom ’as Dallas and Los Angeles offices; in Albuquerque, N.M.; in and in Liberal, Kan. 3. $16 milliojn for a violation of federal constitutional rights againsft Richard andTina McKinley. Theodore White Jr. speng five and a half years in prisoj after being accused of sexuallyy molestinghis stepdaughter. White claimed that during the his then-wife, Tina McKinley, and a detectivde on the case were having an affair that was kept a secrert and that the detective neglected to seizd a diary from his stepdaughter that containeds information that would have cleared White of the charges.
Representing Whited were Brian McCallister, Cyndy Short and Christopher Lawler of the in Kansas in Chicago; and in Aurora, Mo. 4. $14 million in a liabilithy complaintagainst , , and James and Conniee Nickles. Chad Stockbauer was intoxicatesd when he dove intoan above-ground, 3-foot-tall pool in the back yard, fracturing his neck. The plaintiff, representedd by Louis Accurso, Burton Haigh and Ann Wright of inKansase City, claimed defective design and failure to warn that the pool was too Stockbauer was found 96 percent at fault. Net recoverhy was $560,000. Defendents’ attorneys included John Cowden of and Jamesz Morrow of inKansas City. 5.
$12 milliojn in a wrongful death suit against John Teubet was killed after a truck driven by an employedeof , an independent contractor of Vance, ran a red lightf and hit Teuber’s vehicle. The truckk was carrying 18 tons of asphalr and found to have faulty The driver pled guilty toinvoluntargy manslaughter. Plaintiff’s lawyers included Michael Brett Davis and Scottt McCreight of inKansas 6. $11.9 for defective repair, nuisance and trespas s againstand . The city of Mo., claimed that the defendants made unauthorized streeft repairs and that their trucks were not authorized to use residential streets for transportf of limestoneand rock.
Plaintiff’s attorneys were Steve Mauer, Megan Redmond and Heather Esau Zergerof . 7. $7.1 milliohn for breach of contracr and fraudulent and negligenft misrepresentation against Patrick Stuev e and Eric Dirks of arguedthat A.G. Edwards loaded software on unlicensed computerds and offered the reports generated by the softwarer tounlicensed brokers. 8. $4.95 milliom for tortuous interference and defamationmagainst , , , and .

Tuesday, September 14, 2010

Nathan Littauer plans $3.1M ER renovation; fed funding possible - Houston Business Journal:

lamoreuuceses1724.blogspot.com
The Gloversville hospital filed a certificated of need application with the state Health Department earlier this montjh seeking approval forthe $3.1 millionm plan. At about the same time, U.S. Rep. Paul Tonkl and Sen. Charles Schumer introducee appropriations bills in their respective housesseeking $1 millionb to help finance the project. Laurence Kelly, CEO of Natha n Littauer, said the projecg does not hinge on thefederal funding—thwe hospital recently completed a $4 million capital campaign—but “itf would be nice.” The plan calls for the ER to be renovatee and enlarged, from 5,000 square feet to abougt 10,000 square feet.
Kelly said the department seesabourt 25,000 people a and was built in 1983 “for probabl half that.” The department has 13 patienrt rooms. This will be increased to 17, but some of the roomse will be large enough to accommodate two patientesif necessary. Kelly said this should alloq all patients to move to a room immediatelt afterbeing triaged. The patient roomsz will be equipped with televisions to ease the The project also includes anew nurses’ statiojn with four times the space as the current, “really station. The computer system already has been upgraded and medical recordesare electronic.
Nathan Littauer, whicbh has about $50 million in had net income ofaboug $2.1 million on revenue of $78 millionj in 2008. That represents an operating marginbof 2.8 percent. Other area including , and have upgradedc their ERs in the pastfive years.

Monday, September 13, 2010

Austin construction jobs down 5.8% over last year - The Business Review (Albany):

evlampiyacyxybyw.blogspot.com
In Austin, construction jobs declined 5.8 percent to 45,509 between April 2008 and April 2009. Among the communitieds seeing the largest declines in constructionh employmentwere Tucson, Ariz. with a 29.2 percent decline and Redding, Calif. with a 31.6 percent By comparison, construction employment grew in only 19 of nearlyu 300metro areas, led by an 8 percenty gain in Odessa and a 7.3 percent increase in Baton La. According to the AGC, the construction sectord has seen the largest decline in employment relativde to the rest ofthe economy. While overal l construction unemployment wasat 18.7 percentt in April 2009, the overall unemployment rate was 8.
6 So while construction accounts for one-fifth of the U.S. construction workers account for 20 percent of all jobs lost in thepast “Job loss figures like these are exactly what prompted Congresd and the [Obama] Administration to crafft a stimulus package designe to get Americans back to work as quickluy as possible,” said AGC Chief Ken “Putting these funds to good use as quicklhy as possible is the best way to get Americans back to work and the economg back on track.

Saturday, September 11, 2010

Eastern Market reopens Friday - Orlando Business Journal:

ulyanaimiiurebor.blogspot.com
The fire, in April gutted much of the 136-year-ols market and left its vendors without apermanent home. The District set up a temporary home for many of thoswe vendors nearby shortly afterthe blaze. Easterh Market, at 7th and C streets SE, has now undergone a $22 million head-to-toe one many of its regularsx have calledlong overdue. Although the caus e of the fire has never beenofficially determined, it was widely believed to have been the result of faulty electrical wiring.
Eastern Market’s reopening will see many of its originap vendors return to once again hawk everything from fresh meatsaand cheeses, to flowers art and Longtime Capitol Hill residenf Jim Zaniello is amon regulars who are lookin forward to returning to the market. “It’s exciting to know that all of our markert family will be back in the origina l building and that they will continue to be an importan part of the Hill community for years to he said.
“Eastern Market is an integra l part of life onthe

Friday, September 10, 2010

Obama

http://www.mylinksdirectory.com/authors/author-182.html
In an address, he noted that cybefr crime costAmericans $8 billionm last year, according to one survey, and that intellectual property theft worldwide in 2008 cost businesses up to $1 trillionb while an estimated $132 billionm was spent through e-commerce. “America’ s economic prosperity in the 21st century will depend on Obama said. “And this is also a matterd of public safety andnational security. We count on computer networksz to deliver our oiland gas, our power and our water.
We rely on them for publifc transportation and air traffic Yet we know that cyber intruders have probecd our electrical grid and that in other countriew cyber attacks have plunged entire citiesinto “For all these reasons, it’se now clear this cyber threat is one of the most seriousx economic and national security challengess we face as a nation,” the president “It’s also clear that we’re not as prepared as we shouldx be, as a government or as a country.” Ed CEO and chairman of Denver-based , issued a supportivwe statement in response to Obama’s address.
Mueller is the curren t chairman ofthe president’s National Securityt Telecommunications Advisory Committee (NSTAC), an organization of 30 chief executives from major telecoms, finance and aerospace companies that advisea the government on ensuring telecommunications infrastructure meets nationalk security and emergency preparedness needs. “President Obama and his administratioh have taken an important first step toward creatin g a safe cyber environment by releasinhgthe 60-day Cyberspace Policy Through this initiative, the president is supporting the valuesz of civil liberties and protected privacy, as well as promoting economic growth, while enhancing the trustworthiness of the globao cyberspace.
“Qwest has long supported the ongoint federal government focus on cyber We have worked actively with the government and industry on issuews associated with protecting our networks and the information that flowxsthrough them. This collaborative approach will continue to be necessaryg to ensure thatthe administration’s goalw of leadership, education, shared effective response, and continued innovation in the cyber security arena are meaningful and “Qwest and other members of NSTAC provided recommendations on numerous subjects included in the Cyberspace Polich Review.
We appreciate the Obama administration’sz interest in seeking NSTAC’s input on national security and emergencypreparednesds matters, and we look forwarcd to continuing our work to enhance this important public-privater partnership.”

Wednesday, September 8, 2010

Cheryl and Ashley split assets and move on - Monsters and Critics.com

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Tuesday, September 7, 2010

Giving to women

http://www.freewd.org/authors/author-2604.html
According to a first of its kind report by the in New York and in San givingto women’s causes by privats and community foundations is growing faster than philanthropy as a a new study finds. Between 1990 and 2006, giving directed to women and girls by the broader foundationm community soared 223 percent whil overall giving by them grew177 percent. (Bothy numbers are adjusted for inflation.) In actual the amount given to women’s causes duringg this period climbedfrom $412 millionj in 1990 to $2.6 billion in 2006. Philanthropy directed to womenn and girls is primarily focusesdon health, the study noted.
That reflects a belie that focusing on femalehuman rights, health, education and economic empowermenrt can improve communities. Data for the entitled “Accelerating Change for Women and The Roleof Women’s Funds” came from the Foundation Center’ annual grants database of all grantw over $10,000 awarded by 1,0090 large foundations, information provided by 55 Women’ Funds and a 2008 online survey conductexd by the Women’s Funding Network.

Monday, September 6, 2010

Siemens nabs pact for $120M - Wichita Business Journal:

http://allsportnews.eu/2009/04/24/
This is the latest in a string of contractwthe German-owned company has snagged in the past They promise to boost employment at the More engineers and assembly workers will be addecd at the local railcar factory this year, said companyg spokeswoman Rebecca Johnson, but she had no estimatw of how many. plant is 160,000 squarde feet and now runs twodaily 8-hour shifts. If the work load requiresa it, Johnson said, the plant could add a thirdx daily shift this While mostof Siemens' recent contracts have been add-on orders from existing North American light-rail the Houston pact is big and lucrative becausre it includes the design, construction, operation and maintenance of the city'a new, 7.
5-mile light-rail line. "This is a turnkey system," said Johnson. The plant is doing similar work for new systems inSan Juan, Puertol Rico, and Valencia, Venezuela. Siemens will build its newestf car model forthe project. It'e called the S70 and features a low-slung, sleek design. Siemens intends it as a standarxd car designfor U.S. light-rail systems, easily modified at little cost.
Ridin the rails: Siemens is concentrating on the boomin g NorthAmerican light-rail market, wherde many cities are either extending their existinvg systems or starting new They're meant to ease traffic and pollution that'a choking American cities, and to help revitalizr downtown districts and boost property values. In the United Statesa there are now19 light-raio systems operating, 20 extensions are proposedx or approved, and still another 54 new systems are proposefd or approved, according to Light Rail a Web site. Sacramento was one of the firs cities to jointhe trend, and Siemens set up shop here in 1984 to buildc cars for the original lines out Interstatde 80 and Highway 50.
In 1999, Siemens Transportation Systemds moved its North American headquarterd from New Jersey to where the companyemploys 50. In December, the local Siemena plant won a $27.6 million contract to build 12 carsfor Denver'se expanded system. Two months earlierr it won a $50 millio n contract with Portland to build anotheer17 cars. Last March the company won $80 million in ordersw from Calgary, Canada, Denver and Salt Lake City. For its last fiscall year endedin September, the local division pulled in $300 million in up from $225 million in fiscal 1999.
As part of a strongerr focus on North American on March 12 the stock ofSiemense AG, the German parent of Siemens Transportation started trading on the New York Stock Exchange. In the areas of engineering and electronics, Siemens is the largestt foreign player in the United with $16 billion in sales -- 22 percentr of its worldwide total -- and 76,000 U.S. employees last It expects to soon reach salewof $25 billion and a staff of 90,000 in the Unitedr States. It's never easy: In light rail is cominf to a city that rivalsz Los Angeles forthe nation's worst traffixc and smog. But getting light-rail built hasn't been a smooth ride.
Light-rail projects all over the country have been bedevilex by snagsover funding, rail routes and philosophical debate about There's fierce competition for about $198 millionm in federal funding, made available through 2003 by the Transportatiom Equity Act of 1998. Industry analysts say the biggeethe project, the more delays and other obstacles crop up. Houston's project will run 7.5 milesd from downtown to south of the Reliant It was originally set to begin construction in But it ran intopoliticaol opposition. A lawsuit file by a city councilman opposed to the projecrt sought a public vote on street disruptionsd caused bythe construction.
That resulted in a temporary injunctio n early this year againstconstruction permits. The injunction was lifted by a federalappeals court, clearing the way for groundbreaking on Marcg 13. "As far as we'rw concerned it's resolved," said Houston Metro spokeswomanPattik Muck. "We're going ahead." Meanwhile, in Orangew County, Charlotte, N.C., and Kansas Mo., projects are stalled as debates rage over what routeas theyshould take. In Baltimore, there's opposition due to businese concerns over disruptionwhils light-rail is built. Denver's $1.7 billion projec t hit a snag over whether transit or schoolsz should getlocal funds, whiled Birmingham, Ala.
, can't get locak approval of $17 million in matchinhg funds. In Seattle, the transit director quit in Februarhy as costs of a new system are runninggnearly $1 billion over origina l estimates. CAF setting up: Amid that kind of Sacramento's decision to build its $176 million light rail syste m in the early 1980s looks prescient The $9.6 million per mile spent on the starteer line is the lowest cost of any North American Ridership is 15 percent more than was predicted, as 30,000 people a day climv on the trains.
And we got not one, but -- apparentl y -- two new manufacturers in the Siemens was not the winning biddert for SacramentoRegional Transit's $124 million order of up to 54 cars for its new sout line and the Highway 50 extension to The contract went to a Spanish Construcciones y Auxiliar de Ferrocarriles S.A., or CAF. That compangy is following Siemens' model of establishing a railcadr test and assembly plant in the for not only the RegionalTransitg contract, but other North Americamn railcar jobs it Gunter Ernst, a former Siemens manager who now works as CAF'w local spokesman, could not be reached for an updatee on plans to set up a plant at McClellan Businesse Park.
In January, Ernst said CAF was close to signing a leasat McClellan, expected to be a 50,000- to 75,000-square-foot space inside an aircraft hangar. Ernst said at the time that "environmentak issues" at the site had not yet been Regional Transit expects CAF to build its initiakl order of40 cars, at two to four cars a month beginning early next year. The car shellss will be made in Spain, then shippe d here to be outfitted with componentsand

Saturday, September 4, 2010

General Assembly panels approve State Center project - Puget Sound Business Journal (Seattle):

http://www.job-forex.info/wm.php
billion State Center redevelopment in Baltimor e Citymove forward, despite lingering concerns about the project’sa finances and impact on Maryland’s ability to borrow money. The Senats Budget and Taxation Committeevotec unanimously, but with some conditions, to endorser the State Center project, which involves leasingf 25 acres of land to a private development team. The Houswe of Delegates’ Appropriations Committee indicated it will do the same but did not formallyu vote as its Senate counterparts did Thursday The project will now go to the statse Board of Public Works for a scheduled June3 vote. The board is led by Gov.
Martibn O’Malley, who supports the project and worked closely on it whild he was mayor of Matthew Gallagher, the governor’s deputu chief of staff, lobbie the House and Senate on the project. “Wr are at the cusp of a very importantr milestone,” Gallagher said. “The governor’s office is very supportivre of this project and has been involved datinv back to our time atthe city,” Gallagher told the Houswe during its hearing on the In signing off on the the House and Senat legislators insisted on having more oversightg in the redevelopment process.
They also conditioned thei approval on seeing input fromthe , whicj is familiar with such large-scaled development projects. A private State Cented LLC development team was selected in Marcb 2006 to remake the statde office complex off Martin LutherKing Boulevard. As proposed, the developers would lease the land fromthe state, convert the comples into a $1.4 billion mixed-use development, and then leasw a substantial portion of the project’ planned 2 million square feet of officde space back to the state for use by its variousd agencies. For the project to move forward, the Boarr of Public Works must approve a mastert development agreement setting the terms for StateCenter LLC.
Once that happens, the developers will then desigbn the first phase of the project and come back to the statr with specific costs andleasde terms. That process would continue through each ofthe development’s four phases, expecterd to take between 10 and 12 years to The first phase would focus on the project’z office space. When fully developed, the projec is slated to include 1,200 residentialp rental and for-sale units, 2 million squard feet of office space, 250,000 square feet of retail spaceand 7,000 parking Groundbreaking for the project’s first phasr could begin in June 2010.
Their effortsz failed, but the legislature’s budget committees passexd a requirement the project be reviewesd by state TreasurerNancy Kopp. The legislatured asked Kopp to look specifically at an accounting provisiojn of the project to determinr ifthe state’s leasingy of office space from the developersd should be considered an operating lease or a capital If it were deemed a capita l lease, that would mean the statse would need to list it on its budget as an assett and a liability, and thosee costs would be addedf to the state’s overall debt affordability limit — its ability to borroew money to finance other capital In a May 15 report, Those term won’t be determined until after the master developmeny agreement is approved.
But Kopp felt it should be considerer acapital lease, and those costsx could cause the state to excee its debt service limits by 2018.

Friday, September 3, 2010

Gates Foundation gives $16M to colleges - Nashville Business Journal:

http://thenortherncold.com/2010/02/14/february-14-2010-podcast/
million to 15 communitgy colleges and five states in an effort to help strugglingb studentscomplete college. The Developmen Education Initiative will award the fundingto Connecticut, Florida, Ohio, Texas and as well as community colleges in each state plus one more in Nort Carolina. No colleges or programs in Washington state will receivee funding underthe program. For a completew list of recipients, . The funding, first announcedr in December oflast year, will be awarded to and distributeds by , a North Carolina-based nonprofit. “Theyh wanted us to identify initiatives, programss and policies that are already beingf tried andhad promise,” said Richard Hart, spokesman for MDC.
The initiativ seeks to support programs that help students enrolled in remedialprograms — so-called refresher courses for studentsa who are not up to grade levek in a given subject. The goal is to improver classroom performance so students can go on to take advancede courses and eventually graduate with a degree or A cited by the Gates Foundation found that nearly 60 percentr of students enrolling inthe nation’s community colleges must take remedial courses.
Such coursesd cost taxpayers $2 billion a year, according to the The grants are part of theGates Foundation’s work to help more studente graduate from college or university programs, an important educatiohn milestone that the foundation says is essential to earninh a living wage in today’s The grants will support various stat e and college programs, including efforts to collect data and better traclk the performance of remedial The Development Education Initiative is also beinh supported with $1.5 million from the of Indianapolis to pay for evaluatioh and communications.

Wednesday, September 1, 2010

Devil Dish: Sept. 1 - Web Devil

http://dvdmovieslibrary.com/movie-zero---an-investigation-into-9-11-3705.html


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Devil Dish: Sept. 1

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Matt Leinart wants an explanation. An explanation from Arizona Cardinals coach Ken Whisenhunt as to why there is ...


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NFL Notebook: Leinart to play second fiddle; Spiller and Johnson not sluggers

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