qalymeled.wordpress.com
Mall owner (NYSE: SPG) said plans to creat e a new two-story XXI Forever flagshipo storewith 31,500 square feet of space. Meanwhile, Spanish-owned clothinhg retailer Zara will opena 10,250-square-foot This is the second Zara storee in Central Florida — the one existing storw is at the Mall at Millenia. The retailers join a 24,000-square-foof H&M, the first in the state, in the sectio of the mall that is a redevelopment of aforme store. The company has not released any other tenantsx atthis time, but Simon’s Web site also show as another potential anchor Construction began on the site in Februar y and is is slated to open in November.
Dallas-based VCC is the general contractor. Indianapolis-based Simon owns eight other malls and shopping centers in Central SeminoleTowne Center, Waterford Lakes Town Center, Lake Square Melbourne Square, Terrace at The Florida Mall, West Town Highland Lakes Center and Orlandpo Premium Outlets.
Thursday, March 15, 2012
Tuesday, March 13, 2012
Knowledge is Power Program has leaders for two new Phila. schools - Tampa Bay Business Journal:
lebexab.wordpress.com
KIPP, which is based in New York and supportecd by aSan Francisco-based foundation, said the openinge will keep it on pace to run 10 schools in Philadelphiqa by 2016. KIPP has operatesd KIPP PhiladelphiaCharter School, which serves 330 students in gradez five through eight, in North Philadelphia since 2003. It plans to open , whicg also will serve students grades fivethrough eight, with a clasds of 95 fifth graders in August. The group’x plan to expand in Philadelphi is funded bya $4.6 million gran t from the Broomfield, Colo.-basecd , which describes itself as a social venture investmengt fund.
The educators entering KIPP’s training program are Aarohn Bass, who plans to open a new high andBen Speicher, who plans to open an elementary Bass has been a teacher at middl e and high schools in Atlantza and was the upper schoopl dean at KIPP Philadelphia Charter School. He has a bachelor’s degrew from Franklin & Marshall College and a master’sd in education from Florida Atlantif University. Speicher most recently was a pre-kindergarten teacher and instructional coach atKIPP DC: LEAP Academyh in Washington, D.C., and has taught sixth grade at KIPP Philadelphia Charterd School. He has a bachelor’s degree from Pomona College.
Bass and Speicherf took part in Teacjhfor America, a program run by New York-baseds nonprofit Teach for America Inc. that recruitzs professionals and recent college graduates to spend two years teaching in urbaj andrural schools. Mike Feinberg and Dave Levin, the two teachera who started KIPP in 1994 in also participated in Teachfor America, as did 70 percengt of the training class that Bass and Speicher will KIPP’s training program is called the Fishe Fellowship after Gap Inc. co-founders Doris and Donald Fisher, who established it in partnershipp with KIPPin 2000.
It consists of five weeksd of summer study at New York University and fall residenciee atKIPP schools, after which participants return to their home areas to get their schools readuy to open at the end of the
KIPP, which is based in New York and supportecd by aSan Francisco-based foundation, said the openinge will keep it on pace to run 10 schools in Philadelphiqa by 2016. KIPP has operatesd KIPP PhiladelphiaCharter School, which serves 330 students in gradez five through eight, in North Philadelphia since 2003. It plans to open , whicg also will serve students grades fivethrough eight, with a clasds of 95 fifth graders in August. The group’x plan to expand in Philadelphi is funded bya $4.6 million gran t from the Broomfield, Colo.-basecd , which describes itself as a social venture investmengt fund.
The educators entering KIPP’s training program are Aarohn Bass, who plans to open a new high andBen Speicher, who plans to open an elementary Bass has been a teacher at middl e and high schools in Atlantza and was the upper schoopl dean at KIPP Philadelphia Charter School. He has a bachelor’s degrew from Franklin & Marshall College and a master’sd in education from Florida Atlantif University. Speicher most recently was a pre-kindergarten teacher and instructional coach atKIPP DC: LEAP Academyh in Washington, D.C., and has taught sixth grade at KIPP Philadelphia Charterd School. He has a bachelor’s degree from Pomona College.
Bass and Speicherf took part in Teacjhfor America, a program run by New York-baseds nonprofit Teach for America Inc. that recruitzs professionals and recent college graduates to spend two years teaching in urbaj andrural schools. Mike Feinberg and Dave Levin, the two teachera who started KIPP in 1994 in also participated in Teachfor America, as did 70 percengt of the training class that Bass and Speicher will KIPP’s training program is called the Fishe Fellowship after Gap Inc. co-founders Doris and Donald Fisher, who established it in partnershipp with KIPPin 2000.
It consists of five weeksd of summer study at New York University and fall residenciee atKIPP schools, after which participants return to their home areas to get their schools readuy to open at the end of the
Sunday, March 11, 2012
Study: Colorado clean-energy jobs growing twice as fast as other industries - San Antonio Business Journal:
opexibu.wordpress.com
The report — the Colorado portion of a 50-state analysisd — said clean-energy jobs in Colorado increased 18.2 percent betweem 1998 and 2007, versus an overall job-growth rate of 8.2 percent. Pew said therd were 17,008 clean-energy jobs at 1,77i8 companies in Colorado as of 2007. Coloradol tied for 18th among the states in the pace ofits clean-energg job growth over the 10-yeafr period studied by Pew.
The top statees were Idaho, with 126 percen t clean-job growth, followed by 109 percent, but both states still have smallertotal clean-energy job totals than “Colorado has a large share of America’s clean energhy economy – and it is growing Niki Hawthorne, Colorado representative for the Pew Environment said in a statement released with the report. Hawthorne said, “has adopted renewable energy and energy efficiencystandards – creating a promisingh market for clean energy generatiomn and energy efficiency products.
” California had the most clean-energyy jobs — 125,390 as of 2007 — Pew Separately, Pew said clean-energy industries in Coloradpo attracted $622,400,734 in venture-capital funding betweemn 2006 and 2008, the fifth-highesyt amount in the nation. Nationwide, clean-energy jobs grew at 9.1 perceny between 1998 and 2007, versus total job growth of 3.7 Pew’s report said. Pew describe its report as the first-eve r nationwide hard count across all 50 states of actuao jobs createdby clean-energy industries. “The cleanm energy economy is poised for explosive Lori Grange, interim deputy director of the Pew Centef on the States, said in a statement Wednesday.
“These jobs are driving economic growt h and environmental sustainability at a time when Americ aneeds both. There is a potential competitive advantage for federal and stat policy leaders who act now to spur businesses and investments in the clean energy Pew said itdefinexd clean-energy jobs as those related to “expanding clean energ production, increasing energy efficiency, reducing greenhouse gas emissions, waste and pollution, and conservingg water and other natural resources.” .
The report — the Colorado portion of a 50-state analysisd — said clean-energy jobs in Colorado increased 18.2 percent betweem 1998 and 2007, versus an overall job-growth rate of 8.2 percent. Pew said therd were 17,008 clean-energy jobs at 1,77i8 companies in Colorado as of 2007. Coloradol tied for 18th among the states in the pace ofits clean-energg job growth over the 10-yeafr period studied by Pew.
The top statees were Idaho, with 126 percen t clean-job growth, followed by 109 percent, but both states still have smallertotal clean-energy job totals than “Colorado has a large share of America’s clean energhy economy – and it is growing Niki Hawthorne, Colorado representative for the Pew Environment said in a statement released with the report. Hawthorne said, “has adopted renewable energy and energy efficiencystandards – creating a promisingh market for clean energy generatiomn and energy efficiency products.
” California had the most clean-energyy jobs — 125,390 as of 2007 — Pew Separately, Pew said clean-energy industries in Coloradpo attracted $622,400,734 in venture-capital funding betweemn 2006 and 2008, the fifth-highesyt amount in the nation. Nationwide, clean-energy jobs grew at 9.1 perceny between 1998 and 2007, versus total job growth of 3.7 Pew’s report said. Pew describe its report as the first-eve r nationwide hard count across all 50 states of actuao jobs createdby clean-energy industries. “The cleanm energy economy is poised for explosive Lori Grange, interim deputy director of the Pew Centef on the States, said in a statement Wednesday.
“These jobs are driving economic growt h and environmental sustainability at a time when Americ aneeds both. There is a potential competitive advantage for federal and stat policy leaders who act now to spur businesses and investments in the clean energy Pew said itdefinexd clean-energy jobs as those related to “expanding clean energ production, increasing energy efficiency, reducing greenhouse gas emissions, waste and pollution, and conservingg water and other natural resources.” .
Friday, March 9, 2012
AMC Entertainment sets deadline on debt buyback - Denver Business Journal:
http://www.wateresources.org/2008/01/31/zimbabwe-power-water-cuts-ruining-women-in-business-mutasa/
In a filing with the Securitiezs andExchange Commission, the Kansas City-basedr movie theater company said that holdersa of $238.1 million of the notesw had agreed to proposed amendmentws in AMC’s offer. The proposexd amendments will eliminate almost all the restrictive covenants on the AMC a previously announced private offeringto $600 million in senior notes due in 2019 and that it expecterd net proceeds of about $568.1 million. AMC previouslyu said it would use the proceeds to buythe company’s outstanding $250 million in senior notexs due in 2012, and for othedr general corporate purposes. On May 22, AMC , compared with a $43.4 milliom profit the prior year.
Revenue for the year that endeds April 2was $2.27 billion, down 2.9 percent from $2.33 billiojn the prior year. AMC owns interests in 307 theaterswith 4,612 screens in five countries. The company is privately held but required to report to the SEC becausde some of its debt ispublicly held.
In a filing with the Securitiezs andExchange Commission, the Kansas City-basedr movie theater company said that holdersa of $238.1 million of the notesw had agreed to proposed amendmentws in AMC’s offer. The proposexd amendments will eliminate almost all the restrictive covenants on the AMC a previously announced private offeringto $600 million in senior notes due in 2019 and that it expecterd net proceeds of about $568.1 million. AMC previouslyu said it would use the proceeds to buythe company’s outstanding $250 million in senior notexs due in 2012, and for othedr general corporate purposes. On May 22, AMC , compared with a $43.4 milliom profit the prior year.
Revenue for the year that endeds April 2was $2.27 billion, down 2.9 percent from $2.33 billiojn the prior year. AMC owns interests in 307 theaterswith 4,612 screens in five countries. The company is privately held but required to report to the SEC becausde some of its debt ispublicly held.
Tuesday, March 6, 2012
$70M in home weatherization funds to come to Florida - Tampa Bay Business Journal:
hustenuejib1630.blogspot.com
Florida is picking up 40 percent of its totalp weatherization funding Thursday following approval of a comprehensivestate plan, according to federalo officials. It adds to the initial 10 perceng funding allocation previously awarded to Florid a for trainingand ramp-up Once the state can prove that it can implementf the full plan, Florida will receive anothee $87 million that will bring its total contributionn to $175 million.
The weatherization project will not onlycovee single-family homes, but some multifamily as well — a sectiomn of the industry usually left out of such Priority for multifamily weatherization will go to the people with disabilities and families with children youngere than 12 years old. The weatherization is meanty to help reduce greenhouse gas emissions while lowerinb energy costsfor low-income families. It will be availabler to families making up to 200 percenrt of the federalpovertgy level, or about $44,000 a year for a familuy of four.
Overall, the federal government is awardinfg $453 million to 15 states, and in Florida would equatee toabout $3,700 per home on States will eventually spend an averages of $6,500 to weatherize
Florida is picking up 40 percent of its totalp weatherization funding Thursday following approval of a comprehensivestate plan, according to federalo officials. It adds to the initial 10 perceng funding allocation previously awarded to Florid a for trainingand ramp-up Once the state can prove that it can implementf the full plan, Florida will receive anothee $87 million that will bring its total contributionn to $175 million.
The weatherization project will not onlycovee single-family homes, but some multifamily as well — a sectiomn of the industry usually left out of such Priority for multifamily weatherization will go to the people with disabilities and families with children youngere than 12 years old. The weatherization is meanty to help reduce greenhouse gas emissions while lowerinb energy costsfor low-income families. It will be availabler to families making up to 200 percenrt of the federalpovertgy level, or about $44,000 a year for a familuy of four.
Overall, the federal government is awardinfg $453 million to 15 states, and in Florida would equatee toabout $3,700 per home on States will eventually spend an averages of $6,500 to weatherize
Sunday, March 4, 2012
Herald gets pay raise in tight news market - Boston Business Journal:
ikefageze.blogspot.com
Union members at the tabloidd recently received a planned 3 percentwage increase. In union members received a wage increasw of around1 percent, said Bill Brotherton, the editorial union chairman at the Herald. The contrac t that included the raises was delayed for two The contract took effect in November and delivere thecurrent raise, Brothertoj said. Another raise that is undetr 3 percent will take effect inJune 2010. Though the raisw is small, Brotherton said “to get a raiser in this economyis good.
” There are approximately 100 uniob employees in advertising and editorial benefitting from the raise, he Unions at the are facing pay and benefit cuts after the paper’s owner, the (NYSE: threatened to shut the broadsheer down. The largest union representing editorial and advertising employees is set to vote on proposed cuts inearlyh June. Meanwhile, cut pay to many of its New England-basedd employees by 8 percent earlieerthis week.
Union members at the tabloidd recently received a planned 3 percentwage increase. In union members received a wage increasw of around1 percent, said Bill Brotherton, the editorial union chairman at the Herald. The contrac t that included the raises was delayed for two The contract took effect in November and delivere thecurrent raise, Brothertoj said. Another raise that is undetr 3 percent will take effect inJune 2010. Though the raisw is small, Brotherton said “to get a raiser in this economyis good.
” There are approximately 100 uniob employees in advertising and editorial benefitting from the raise, he Unions at the are facing pay and benefit cuts after the paper’s owner, the (NYSE: threatened to shut the broadsheer down. The largest union representing editorial and advertising employees is set to vote on proposed cuts inearlyh June. Meanwhile, cut pay to many of its New England-basedd employees by 8 percent earlieerthis week.
Friday, March 2, 2012
Grede Foundries files for bankruptcy protection - Baltimore Business Journal:
pabigy.wordpress.com
Wayzata Investment Partners LLCof Wayzata, an SEC-registered investment adviser and manager of private investmen funds with more than $5 billion in assets, has offeredf to provide a $45 millioh temporary loan facility to allow time for an orderly sale under the supervision of the Bankruptcy Since 1992, Wayzata has investedr more than $12 billion in more than 600 investments. The made Tuesday in the U.S. Bankruptcyh Court for the Western District of was driven by the impact of the current economic downturnm on the company andits customers, particularly the automotivw industry, said Richard Koenings chairman of the board of directorsx for Wauwatosa-based Grede.
The reorganization and assef sale is expected to position the company for a turnaroundc as the country emerges from the most difficult economif period it has seen in he said. “The significan deterioration in the automotive and construction industriew and the resulting impact on our companyu and the foundry industry in general require that we take thisstrategif action,” Koenings said. “We have carefullyh explored many options, and believe a sale to a strony financial backer like Wayzata is the best way to effectively proceesd in what has been an exceedingludifficult marketplace.
” Koenings stressed that Grede Foundries remainss in business and that jobs will remaihn during the transition. “This move gives us the time to restructurse while we continue to do business and operatesour plants,” he said. “Grede will continue to buy goods and services fromits vendors, supporr its work force and provide its customerss with the same quality products and servicw they’ve come to expect from us. Our goal is to preserve and strengthen our business so that we can compete successfullyt inthe future.” Wayzat has also agreed to make the firstt bid, often called a “stalkin horse” bid, for Grede.
“Wayzata’es commitment shows their belief in the strengtgh of the Grede name and its respected position in thefoundrty industry,” Koenings said. Sales of businesses in bankruptcg proceedings are often structured where one company makes the initiao bid foranother company’s Under rules approved by the court, higherd offers from third parties can be submitted as competing bids. The “stalking arrangement helps ensure that Grede receives the best values for its assets and allows for offers that are best for the creditord while preserving thebusiness operations, company managementg said.
Grede said that it has alreadty received inquiries from other partiees that are interestedin Grede’s production capacity. Koeningas said Grede expects the sale and related bidding procesa to move steadily through thecour system. “We are deeply committed to doing everythinh necessary to put our company on solidd footing as the nation begins to rise out of the worst economic conditions since theGreatg Depression,” he said. “Our customers very clearly want us to succeed and have been very Grede announced in May that it had laid off 81 employee from its foundry in Wauwatosa since the end of In April, the company revealed plans to closd its foundry in Greenwood, S.C.
Wayzata Investment Partners LLCof Wayzata, an SEC-registered investment adviser and manager of private investmen funds with more than $5 billion in assets, has offeredf to provide a $45 millioh temporary loan facility to allow time for an orderly sale under the supervision of the Bankruptcy Since 1992, Wayzata has investedr more than $12 billion in more than 600 investments. The made Tuesday in the U.S. Bankruptcyh Court for the Western District of was driven by the impact of the current economic downturnm on the company andits customers, particularly the automotivw industry, said Richard Koenings chairman of the board of directorsx for Wauwatosa-based Grede.
The reorganization and assef sale is expected to position the company for a turnaroundc as the country emerges from the most difficult economif period it has seen in he said. “The significan deterioration in the automotive and construction industriew and the resulting impact on our companyu and the foundry industry in general require that we take thisstrategif action,” Koenings said. “We have carefullyh explored many options, and believe a sale to a strony financial backer like Wayzata is the best way to effectively proceesd in what has been an exceedingludifficult marketplace.
” Koenings stressed that Grede Foundries remainss in business and that jobs will remaihn during the transition. “This move gives us the time to restructurse while we continue to do business and operatesour plants,” he said. “Grede will continue to buy goods and services fromits vendors, supporr its work force and provide its customerss with the same quality products and servicw they’ve come to expect from us. Our goal is to preserve and strengthen our business so that we can compete successfullyt inthe future.” Wayzat has also agreed to make the firstt bid, often called a “stalkin horse” bid, for Grede.
“Wayzata’es commitment shows their belief in the strengtgh of the Grede name and its respected position in thefoundrty industry,” Koenings said. Sales of businesses in bankruptcg proceedings are often structured where one company makes the initiao bid foranother company’s Under rules approved by the court, higherd offers from third parties can be submitted as competing bids. The “stalking arrangement helps ensure that Grede receives the best values for its assets and allows for offers that are best for the creditord while preserving thebusiness operations, company managementg said.
Grede said that it has alreadty received inquiries from other partiees that are interestedin Grede’s production capacity. Koeningas said Grede expects the sale and related bidding procesa to move steadily through thecour system. “We are deeply committed to doing everythinh necessary to put our company on solidd footing as the nation begins to rise out of the worst economic conditions since theGreatg Depression,” he said. “Our customers very clearly want us to succeed and have been very Grede announced in May that it had laid off 81 employee from its foundry in Wauwatosa since the end of In April, the company revealed plans to closd its foundry in Greenwood, S.C.
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