ihituvofy.wordpress.com
When GM, which filed for bankruptcy protectiom Monday, announced earlier Tuesday that a buyee had been found forthe off-road vehiclee line, the name was not immediateluy disclosed. Tengzhong, a major industriak machinery group, will acquire the rights to theHummeer brand, along with a senior management and operationaol team. It will also assume existing dealer agreementd relatingto HUMMER’s dealership network. It is contemplatedx that Tengzhong will, as part of the transaction, enter into a long-term contract assembly and key component and material supply agreemenytwith GM.
In an earlier statement, GM said it expectsd the deal if successful to secure morethan 3,000 US The final terms of the deal, scheduled to closer in the third quarter, are subject to final negotiations. The cost of the transactionj wasnot revealed. is acting as exclusive financial advisor and is acting as international legal counsel to Tengzhong onthis transaction. Citi is actinyg as financial advisorto GM.
Thursday, September 15, 2011
Monday, September 12, 2011
Tourism group honors best of tourism promos - Nashville Business Journal:
obesonuqa.wordpress.com
The Tourism Industry AssociationRecognition Awards, or TIARAs Awards, highlight excellence and creative accomplishment in travel marketint and promotion. The Farmington Convention and Visitors which hosted the TANM took home the awardfor . The villag of Chama won an honorabls mention for itsvisitors guide. The best went to the Chocolat e TurtleBed & Breakfast in Buffalo Thunder Resort Casino received honorable mention. Buffalo Thunder took top honorx for best print advertising and for outstanding new event for its grand openinglast year. The Rio Rancho Conventionj and Visitor’s Bureau “Pork & was named top outstanding recurring event.
Roswell’zs UFO Festival earned an honorable mention in that The most innovative promotion award went to the Albuquerquse Convention and Visitors BureauHolidag Video, “Life of a Brown Paper The award for most successful publifc relations effort was divided into threse categories. Bishop’s Lodge Ranch Resort & Spa won the private sector category for its 90th anniversary The Albuquerque Convention and Visitors Bureau earned top kudos forits , with the town of Taos takingh honorable mention for its annual public relations And the top award for press tours went to the state’e North Central Tourism Region. More information is available at TANM's .
Next year’x Governor’s Conference on Tourism, co-sponsored by TANM and the New MexicolTourism Department, will be at Buffalo Thundert Resort & Casino in Santza Fe, April 19-21.
The Tourism Industry AssociationRecognition Awards, or TIARAs Awards, highlight excellence and creative accomplishment in travel marketint and promotion. The Farmington Convention and Visitors which hosted the TANM took home the awardfor . The villag of Chama won an honorabls mention for itsvisitors guide. The best went to the Chocolat e TurtleBed & Breakfast in Buffalo Thunder Resort Casino received honorable mention. Buffalo Thunder took top honorx for best print advertising and for outstanding new event for its grand openinglast year. The Rio Rancho Conventionj and Visitor’s Bureau “Pork & was named top outstanding recurring event.
Roswell’zs UFO Festival earned an honorable mention in that The most innovative promotion award went to the Albuquerquse Convention and Visitors BureauHolidag Video, “Life of a Brown Paper The award for most successful publifc relations effort was divided into threse categories. Bishop’s Lodge Ranch Resort & Spa won the private sector category for its 90th anniversary The Albuquerque Convention and Visitors Bureau earned top kudos forits , with the town of Taos takingh honorable mention for its annual public relations And the top award for press tours went to the state’e North Central Tourism Region. More information is available at TANM's .
Next year’x Governor’s Conference on Tourism, co-sponsored by TANM and the New MexicolTourism Department, will be at Buffalo Thundert Resort & Casino in Santza Fe, April 19-21.
Saturday, September 10, 2011
Text-Fitch affirms Deutsche Bank Securities COMM 2010-C1 - Reuters
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Text-Fitch affirms Deutsche Bank Securities COMM 2010-C1 Reuters DE) Securities COMM 2010-C1 commercial mortgage pass-through certificates. A detailed list of rating actions follows at the end of this release. The affirmations are due to stable performance of the collateral and sufficient credit enhancement to the ... Fitch Affirms Deutsche Bank Securities COMM 2010-C1 Fitch Affirms Deutsche Bank Securities COMM 2010-C1 |
Thursday, September 8, 2011
Bemis to buy Alcan Packaging Americas unit - Triangle Business Journal:
showarticle-cultura.blogspot.com
billion. Neenah-based Bemis, a manufacturer of flexibl packaging and pressure sensitive materialsfor food, consumefr products and other companies, said it is buyinbg the Food Americas operations of Alcan from plc, an international mininvg company. Bemis will acquire 23 Food Americasz flexible packaging facilities in theUnited Canada, Mexico, Brazil, Argentina, and New The transaction includes Alcan facilities in Neenah, Menashsa and Boscobel, according to a Bemiz spokeswoman. The 23 facilities produce flexible packaginhg for the food and beverage industries and emplogyabout 4,600 workers. For the year endecd Dec. 31, 2008, Chicago-base Alcan Packaging Food Americaw recorded net salesof $1.
5 billioj and adjusted earnings befored expenses of approximately $166 "Both Bemis and Alca Packaging have strong, collaborative relationships with renowned food and consumerf products customers," said Henry Bemis president and CEO. "We each have a long historgy of dedication to outstanding quality andmanufacturingv excellence. In pooling our we will diversify our existing technologiew and product lines which will broaden our producyt offering and augment our technical The transaction willboost Bemis’s annual net sales 40 percent to approximately $5.3 billion, with approximately 70 percent, up from 57 of total Bemis net sales comin from resilient food packaging.
The addition of Alcan'sw employees will increase the company's global work force to more than 20,000o employees at 84 manufacturing locations worldwide. Bemis expects to achieves morethan $65 million in annual cost savings by the end of the secondd year. Management intends to fund the purchase price with a combinationof $1 billion in debt and $200 million in equity. and are acting as financiapl advisers to Bemis for this while LLP is acting as primary legak adviserto Bemis.
billion. Neenah-based Bemis, a manufacturer of flexibl packaging and pressure sensitive materialsfor food, consumefr products and other companies, said it is buyinbg the Food Americas operations of Alcan from plc, an international mininvg company. Bemis will acquire 23 Food Americasz flexible packaging facilities in theUnited Canada, Mexico, Brazil, Argentina, and New The transaction includes Alcan facilities in Neenah, Menashsa and Boscobel, according to a Bemiz spokeswoman. The 23 facilities produce flexible packaginhg for the food and beverage industries and emplogyabout 4,600 workers. For the year endecd Dec. 31, 2008, Chicago-base Alcan Packaging Food Americaw recorded net salesof $1.
5 billioj and adjusted earnings befored expenses of approximately $166 "Both Bemis and Alca Packaging have strong, collaborative relationships with renowned food and consumerf products customers," said Henry Bemis president and CEO. "We each have a long historgy of dedication to outstanding quality andmanufacturingv excellence. In pooling our we will diversify our existing technologiew and product lines which will broaden our producyt offering and augment our technical The transaction willboost Bemis’s annual net sales 40 percent to approximately $5.3 billion, with approximately 70 percent, up from 57 of total Bemis net sales comin from resilient food packaging.
The addition of Alcan'sw employees will increase the company's global work force to more than 20,000o employees at 84 manufacturing locations worldwide. Bemis expects to achieves morethan $65 million in annual cost savings by the end of the secondd year. Management intends to fund the purchase price with a combinationof $1 billion in debt and $200 million in equity. and are acting as financiapl advisers to Bemis for this while LLP is acting as primary legak adviserto Bemis.
Tuesday, September 6, 2011
Josh Kraft: Someone to look up to - Boston Business Journal:
grigoriynirim.blogspot.com
From across the room, a teenager walks over and says yet saysit all, as he and Kraft launchj into a complicated series of handshakesw that might confuse someone who is not from the “How’s your sister?” asks 41, their clasped hands dance throughu the greeting. “Are you stilol working?” Moments later Kraft rallies a group to take a picturrwith him. Craig, Justin, Hank, Alex he calls them by name as they crowcdaround him, excited. “Josh has a million-dollat smile,” says Melvin, 15, joking with Kraft as he watcheefrom nearby.
Son of Patriot’s Chairman and CEO Roberrt Kraft and an heir to the KraftGroupp fortunes, Josh Kraft’s upbringing was starkly different than thos e of the youth he was with that afternoojn in the in Chelsea. In the late Kraft traded silver-spoon comforts for passion and streetsavvhy that, inside the Club, have earned him both popularithy and respect. In July, who had been the executivs director of the Jordan Club since was named the Nicholas President and CEO of theparenr organization, Boys & Girls Clubs of taking over from Linda Whitlock, who stepped down.
His new role make s Kraft the rare nonprofit leader whose raw enthusiasm forthe organization’se mission comes from so many years spent at its grassrootsz level. “They think he’s nobody working at the Boys and Girlsa Club in the projects andnow he’s runningb all the Boys and Girls says Melvin. “He’s someone to look up “Am I surprised about wherw Joshis now? Absolutely not,” says Bob Monahan, directotr of operations at Julie’s Family Learnint Program in South Boston. Monahan was executive director of the when he firstmet Kraft. “Josh has the (whole) package: youthh development skills, relationship skills, fundraising skills.
He came to the Boys Girls Clubs with some of but he learned a lot of it alongbthe way.” As Kraft took the reinss this summer, the organization was completing a $100 millionn fundraising campaign — leaving it stable but with an like every other nonprofit, rattled by the crumbling This economic backhand poses unexpected challenges for Krafrt as he maneuvers to maintain the organization’d base of donors and foundations while also meeting a goal of doublin g the number of youth who regularly attend the club over the next five years.
He hopesx to keep the organization, as he puts it, “levepl funded” this year and acknowledges thatthe “business plan takeas on more urgency now.” The organization is explorinvg the possibility of openingh more clubs in shared spaces — elementarh and middle schools, for example — as a way to brinhg services to communities at a lower cost. Kraft, who bringas with him a wide networkl of new contacts and potential knows he will be fundraising harder than What makes theBoys & Girls Clubs model unique, he says, is that many youth attend the clubs from the time they are childrej until they are 18 yearsd old.
“I have no problem going out and selling the way we do it becaused I have seen firsthandf how the clubs can changre kids andtheir families,” he said. As to whetheer his last name makes it difficultg for him to askfor donations, Krafy said his family, in some makes it easier, “I’vee always seen how much my family contributex and volunteers — I would think maybe it’s my family where I get it from.
” Like the yout h he works with, Kraft has grown up, albeit in the Boys & Girls Clubs To that end, he chose a careee path separate from his family’s Kraft Groupl and Patriots operations, with the exception being his current role as presidentr of the New England Patriot’s , the philanthropic arm of the sportz franchise. He toyed with the idea of law but after working as an intern teacher after graduatinhgfrom , he decided to work with “Josh would have been miserable doing anythint but something in this range,” says Myra Kraft, his mothefr and one of Boston’s most active philanthropists, who has been involvefd with the board of directors for the Boys & Girld Clubs of Boston since the 1980s.
Seeking a less-structured setting than a classroom, Kraft started with the Boys Girls Clubs in two ofSoutgh Boston’s housing projects. He walked through classroomz everyday to ensure his cohortof 30-or-so youth “some of the toughest kids in Soutb Boston,” Monahan said — showec up at school. He went on to ’ s and, when he finished in 1993 witha master’xs degree, another Boys & Girlw Clubs opportunity awaited: launching a Boys Girls Club location in Chelsea, which openexd in the basement of a public housingg project. The Club caught on and expanded. Krafy helped spearhead the campaign to builddthe $11.
2 million Jordan Boys Girls Club in Chelsea, which opened in 2002. The projecyt was a success, but the as Monahan points out, put Kraft “through his paces.” He remembers when Kraftg rented a bus and invited some projectskeptics — electex officials and business leaders included to South Boston so they could see what a Boys Girls Club building looked like. “There was a real ‘Are you going to be around for a while or will you be like others who will comeand go?’ Monahan said. Kraft stuck around. Now based in the organization’s downtown office, Krafft has an opportunity to shape it in anew way.
But he stillk gets out to the clubs as oftejn ashe can. “I miss being in the community directlu everyday,” Kraft said. “On the flip side, I believe so stronglty in the mission and supporting kidsand family. And I have a greay opportunity to be in a role wheres I can support the kids on agreaterr level.”
From across the room, a teenager walks over and says yet saysit all, as he and Kraft launchj into a complicated series of handshakesw that might confuse someone who is not from the “How’s your sister?” asks 41, their clasped hands dance throughu the greeting. “Are you stilol working?” Moments later Kraft rallies a group to take a picturrwith him. Craig, Justin, Hank, Alex he calls them by name as they crowcdaround him, excited. “Josh has a million-dollat smile,” says Melvin, 15, joking with Kraft as he watcheefrom nearby.
Son of Patriot’s Chairman and CEO Roberrt Kraft and an heir to the KraftGroupp fortunes, Josh Kraft’s upbringing was starkly different than thos e of the youth he was with that afternoojn in the in Chelsea. In the late Kraft traded silver-spoon comforts for passion and streetsavvhy that, inside the Club, have earned him both popularithy and respect. In July, who had been the executivs director of the Jordan Club since was named the Nicholas President and CEO of theparenr organization, Boys & Girls Clubs of taking over from Linda Whitlock, who stepped down.
His new role make s Kraft the rare nonprofit leader whose raw enthusiasm forthe organization’se mission comes from so many years spent at its grassrootsz level. “They think he’s nobody working at the Boys and Girlsa Club in the projects andnow he’s runningb all the Boys and Girls says Melvin. “He’s someone to look up “Am I surprised about wherw Joshis now? Absolutely not,” says Bob Monahan, directotr of operations at Julie’s Family Learnint Program in South Boston. Monahan was executive director of the when he firstmet Kraft. “Josh has the (whole) package: youthh development skills, relationship skills, fundraising skills.
He came to the Boys Girls Clubs with some of but he learned a lot of it alongbthe way.” As Kraft took the reinss this summer, the organization was completing a $100 millionn fundraising campaign — leaving it stable but with an like every other nonprofit, rattled by the crumbling This economic backhand poses unexpected challenges for Krafrt as he maneuvers to maintain the organization’d base of donors and foundations while also meeting a goal of doublin g the number of youth who regularly attend the club over the next five years.
He hopesx to keep the organization, as he puts it, “levepl funded” this year and acknowledges thatthe “business plan takeas on more urgency now.” The organization is explorinvg the possibility of openingh more clubs in shared spaces — elementarh and middle schools, for example — as a way to brinhg services to communities at a lower cost. Kraft, who bringas with him a wide networkl of new contacts and potential knows he will be fundraising harder than What makes theBoys & Girls Clubs model unique, he says, is that many youth attend the clubs from the time they are childrej until they are 18 yearsd old.
“I have no problem going out and selling the way we do it becaused I have seen firsthandf how the clubs can changre kids andtheir families,” he said. As to whetheer his last name makes it difficultg for him to askfor donations, Krafy said his family, in some makes it easier, “I’vee always seen how much my family contributex and volunteers — I would think maybe it’s my family where I get it from.
” Like the yout h he works with, Kraft has grown up, albeit in the Boys & Girls Clubs To that end, he chose a careee path separate from his family’s Kraft Groupl and Patriots operations, with the exception being his current role as presidentr of the New England Patriot’s , the philanthropic arm of the sportz franchise. He toyed with the idea of law but after working as an intern teacher after graduatinhgfrom , he decided to work with “Josh would have been miserable doing anythint but something in this range,” says Myra Kraft, his mothefr and one of Boston’s most active philanthropists, who has been involvefd with the board of directors for the Boys & Girld Clubs of Boston since the 1980s.
Seeking a less-structured setting than a classroom, Kraft started with the Boys Girls Clubs in two ofSoutgh Boston’s housing projects. He walked through classroomz everyday to ensure his cohortof 30-or-so youth “some of the toughest kids in Soutb Boston,” Monahan said — showec up at school. He went on to ’ s and, when he finished in 1993 witha master’xs degree, another Boys & Girlw Clubs opportunity awaited: launching a Boys Girls Club location in Chelsea, which openexd in the basement of a public housingg project. The Club caught on and expanded. Krafy helped spearhead the campaign to builddthe $11.
2 million Jordan Boys Girls Club in Chelsea, which opened in 2002. The projecyt was a success, but the as Monahan points out, put Kraft “through his paces.” He remembers when Kraftg rented a bus and invited some projectskeptics — electex officials and business leaders included to South Boston so they could see what a Boys Girls Club building looked like. “There was a real ‘Are you going to be around for a while or will you be like others who will comeand go?’ Monahan said. Kraft stuck around. Now based in the organization’s downtown office, Krafft has an opportunity to shape it in anew way.
But he stillk gets out to the clubs as oftejn ashe can. “I miss being in the community directlu everyday,” Kraft said. “On the flip side, I believe so stronglty in the mission and supporting kidsand family. And I have a greay opportunity to be in a role wheres I can support the kids on agreaterr level.”
Sunday, September 4, 2011
College football season begins - Washington Post
inupujyfab1211.blogspot.com
College football season begins Washington Post The new season kicked off on Sept. 3, with Navy, Virginia Tech, UVA and other colleges facing off. Virginia tailback Kevin Parks (25), is mobbed by teammates after scoring his third touchdown if the night. The University of Virginia defeated William ... |
Thursday, September 1, 2011
Co-developer of Haile, Bob Kramer, dead at 67 - Gainesville Sun
ufysyho.wordpress.com
Co-developer of Haile, Bob Kramer, dead at 67 Gainesville Sun Colleagues called developer and architect Bob Kramer, who created Gainesville's largest residential development in Haile Plantation and one of the foremost examples of new urbanism with his planning and design of the Haile Village ... |
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