andreychukuze.blogspot.com
The Houston-based offshore energy company plana to offer 20 million shares in Cal Dive throughg a public offeringat $8.50 per share, with an optionj for underwriters to purchas e an additional 3 million shares to cover over-allotments. Helix HLX) also has agreed to sell Cal Dive anadditionao $14 million worth of shares at a price equal to the offering. Houston-basede Cal Dive (NYSE: DVR) has 94 million sharesw outstanding. When the offering closes and Cal Dive repurchasesdits allocation, Helix’s ownership in Cal Dive will be reducee to 25 percent from 51 percent, according to a regulatort filing with the . If the over-allotment option is not Helix’s ownership will be 28 percent.
Helix expects to use the proceedas for generalcorporate purposes. Helix sharesx closed at $11.25 on Fridah and were trading at $11.92 mid-morninv Monday, while Cal Dive shares closed Fridayat $10.009 and were trading at $9.85 mid-morning on Monday.
Saturday, February 26, 2011
Thursday, February 24, 2011
Landmark health reform bill passes Senate - The Business Journal of Milwaukee:
http://twentyonerest.com/twentyonerest_reviews.htm
Also winning passage on Thursday was a the creation of a statr agency charged with improving the delivery of healthh care acrossthe state. The “Healthy Kids — Health y Oregon” bill, which will increaswe taxes on hospitals and healtyh insurersby $150 million per year, marks a major victorg for Gov. Ted Kulongoski, who proposed the measure. It faced fierce opposition by hospital groups, who were pacifieds when their proposed tax hikewas moderated. Insurerss still maintain that the measure will increase the cost of healtyh coverage for thousandsof Oregonians, by addiny a 1 percent premium to the cost of commercial healthg insurance.
By raising additional funds, however, the state will receivw $500 million in unclaimed federal health care Thesecond bill, which allocates two-year fundinf of $3 million from the state’s generaol fund, creates the Oregon Healthh Authority to oversee existing state programs that touch on healt care. The new state agency is charged with establishintg health industry cost control measures and with promoting health care refork at anational level. Both bills now head to the governord forhis signature.
Also winning passage on Thursday was a the creation of a statr agency charged with improving the delivery of healthh care acrossthe state. The “Healthy Kids — Health y Oregon” bill, which will increaswe taxes on hospitals and healtyh insurersby $150 million per year, marks a major victorg for Gov. Ted Kulongoski, who proposed the measure. It faced fierce opposition by hospital groups, who were pacifieds when their proposed tax hikewas moderated. Insurerss still maintain that the measure will increase the cost of healtyh coverage for thousandsof Oregonians, by addiny a 1 percent premium to the cost of commercial healthg insurance.
By raising additional funds, however, the state will receivw $500 million in unclaimed federal health care Thesecond bill, which allocates two-year fundinf of $3 million from the state’s generaol fund, creates the Oregon Healthh Authority to oversee existing state programs that touch on healt care. The new state agency is charged with establishintg health industry cost control measures and with promoting health care refork at anational level. Both bills now head to the governord forhis signature.
Monday, February 21, 2011
UCSC gets commitments from more than 3,500 new students - Charlotte Business Journal:
rubber roofs
As of June 16, 3,523 students had committecd to becoming part ofthe university's Class of 2013. Thos e numbers could change by the time classe begin inthe fall. But the number of freshman committingv to attend UCSC in the fall isabout 1,000 fewet than last year. Campus officials said in press release last year they had receivefd commitmentsfrom 4,573 incoming memberss of the class of 2012. Public-supported colleges and universitiexs throughout the state are attempting to cope with major budget cuts forthe 2009-1o0 academic year, on top big reductionsd that have already been made the past two "We are very excited to welcome the Clasxs of 2013 to the Universitt of California, Santa Cruz, and we'ree very gratified by the strong interest they have shownh in our campus," Chancello George Blumenthal said in a "The academic quality and diversityt of this class is especially Michelle Whittingham, UCSC's associate vice chancellor of enrollmeny management, said the scenic campus builtg into a hillside redwood forest is more popular than Undergraduate applications to the university have totaled more than 32,000 the past two with this year's numberd reaching almost 33,000.
That's a 12.7 percent increasr the 29,140 undergraduate applications UCSC received forfall 2007. The averagew grade point average of incoming freshmanis 3.60, up from 3.52 in last year's freshman class, with the average SAT test score of 1718 representing a 20-pointy increase over the class of 2012. Students of coloer compose more than 25 percent ofincomingt freshman, up from nearly 24 percent last About 23 percent of that group are of Asian-Americajn descent, according to university officials.
As of June 16, 3,523 students had committecd to becoming part ofthe university's Class of 2013. Thos e numbers could change by the time classe begin inthe fall. But the number of freshman committingv to attend UCSC in the fall isabout 1,000 fewet than last year. Campus officials said in press release last year they had receivefd commitmentsfrom 4,573 incoming memberss of the class of 2012. Public-supported colleges and universitiexs throughout the state are attempting to cope with major budget cuts forthe 2009-1o0 academic year, on top big reductionsd that have already been made the past two "We are very excited to welcome the Clasxs of 2013 to the Universitt of California, Santa Cruz, and we'ree very gratified by the strong interest they have shownh in our campus," Chancello George Blumenthal said in a "The academic quality and diversityt of this class is especially Michelle Whittingham, UCSC's associate vice chancellor of enrollmeny management, said the scenic campus builtg into a hillside redwood forest is more popular than Undergraduate applications to the university have totaled more than 32,000 the past two with this year's numberd reaching almost 33,000.
That's a 12.7 percent increasr the 29,140 undergraduate applications UCSC received forfall 2007. The averagew grade point average of incoming freshmanis 3.60, up from 3.52 in last year's freshman class, with the average SAT test score of 1718 representing a 20-pointy increase over the class of 2012. Students of coloer compose more than 25 percent ofincomingt freshman, up from nearly 24 percent last About 23 percent of that group are of Asian-Americajn descent, according to university officials.
Saturday, February 19, 2011
Atlas Pipeline and Williams launch Marcellus Shale venture - Birmingham Business Journal:
rubber roof
The two companies LLC, on Apriol 1 . Atlas Energy Resources LLC an affiliate of Atlas Pipeline will be the anchor tenant onLaurel Mountain’se system. Under its agreement with Tulsa, Okla.-based Williamsw (NYSE:WMB), Atlas Pipeline Partners willreceive $90 million in a preferred right to proceeds under a $25.5 million obligation from Williams, and 49 perceng of Laurel Mountain. The obligation amortizes in equal principal installments overthree years.
Atlas Pipelinr Partners can convert its right to receive accruex principal and interest undefr the obligation into a sum equall to the accrued principal and interest and use that to covet its required capital expenditures underthe joint-venture agreement. Atlas Pipeline Partners also said its lenders recentlu agreed to relax the covenantds relating to total debt and earningbefore interest, taxes, depreciation and amortizationm on its $380 millioj revolving credit line and $463 million term loan Additionally, , which owns the generakl partner of Atlas Pipelin Partners, said Monday it has repaisd $30 million on its credit facility and will pay down the remainingv $16 million balance in equal quarterly installmentxs over the next year.
Atlas Pipelinre Holdings (NYSE:AHD) got the $30 million it used to pay down the facilityh byissuing $15 million of preferred limited partnerd units to Atlas Pipeline Partners and by borrowinyg $15 million from Atlazs America Inc., which owns Atlas Pipeline Holdings’ general partner and 64 percent of its commom units. Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinse Holdings will repay theremaining $16 million on its credirt facility. The Atlas companies have offices in Philadelphiaand Pa.
The two companies LLC, on Apriol 1 . Atlas Energy Resources LLC an affiliate of Atlas Pipeline will be the anchor tenant onLaurel Mountain’se system. Under its agreement with Tulsa, Okla.-based Williamsw (NYSE:WMB), Atlas Pipeline Partners willreceive $90 million in a preferred right to proceeds under a $25.5 million obligation from Williams, and 49 perceng of Laurel Mountain. The obligation amortizes in equal principal installments overthree years.
Atlas Pipelinr Partners can convert its right to receive accruex principal and interest undefr the obligation into a sum equall to the accrued principal and interest and use that to covet its required capital expenditures underthe joint-venture agreement. Atlas Pipeline Partners also said its lenders recentlu agreed to relax the covenantds relating to total debt and earningbefore interest, taxes, depreciation and amortizationm on its $380 millioj revolving credit line and $463 million term loan Additionally, , which owns the generakl partner of Atlas Pipelin Partners, said Monday it has repaisd $30 million on its credit facility and will pay down the remainingv $16 million balance in equal quarterly installmentxs over the next year.
Atlas Pipelinre Holdings (NYSE:AHD) got the $30 million it used to pay down the facilityh byissuing $15 million of preferred limited partnerd units to Atlas Pipeline Partners and by borrowinyg $15 million from Atlazs America Inc., which owns Atlas Pipeline Holdings’ general partner and 64 percent of its commom units. Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinse Holdings will repay theremaining $16 million on its credirt facility. The Atlas companies have offices in Philadelphiaand Pa.
Wednesday, February 16, 2011
Atlas Pipeline and Williams launch Marcellus Shale venture - Dayton Business Journal:
http://www.jolt.co.uk/profile/41007/xarell/
The two companies LLC, on Aprik 1 . Atlas Energy Resourcesz LLC (NYSE:ATN), an affiliate of Atlase Pipeline Partners, will be the anchor tenantg onLaurel Mountain’s Under its agreement with Tulsa, Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partnerxs (NYSE:APL) will receive $90 millionh in cash, a preferred right to proceedas under a $25.5 million obligation from Williams, and 49 percent of Laurel Mountain.
The obligation amortizeas in equal principal installments over three Atlas Pipeline Partners can converf its right to receive accrued principal and interest under the obligation into a sum equao to the accrued principal and interest and use that to covetr its required capital expenditures underthe joint-venturs agreement. Atlas Pipeline Partners also said its lenders recentlh agreed to relax the covenants relatingv to total debt and earningsbeforer interest, taxes, depreciation and amortization on its $380 millionm revolving credit line and $463 million term loan facility.
Additionally, , which owns the generap partner of AtlasPipeline Partners, said Monday it has repaid $30 million on its credi facility and will pay down the remaininh $16 million balance in equal quarterly installments over the next Atlas Pipeline Holdings (NYSE:AHD) got the $30 milliohn it used to pay down the facility by issuingb $15 million of preferred limited partner units to Atlads Pipeline Partners and by borrowing $15 milliom from Atlas America Inc., which owns Atlas Pipeline Holdings’ general partner and 64 percent of its commomn units.
Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinwe Holdings will repay theremaining $16 million on its credit The Atlas companies have offices in Philadelphia and Moon, Pa.
The two companies LLC, on Aprik 1 . Atlas Energy Resourcesz LLC (NYSE:ATN), an affiliate of Atlase Pipeline Partners, will be the anchor tenantg onLaurel Mountain’s Under its agreement with Tulsa, Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partnerxs (NYSE:APL) will receive $90 millionh in cash, a preferred right to proceedas under a $25.5 million obligation from Williams, and 49 percent of Laurel Mountain.
The obligation amortizeas in equal principal installments over three Atlas Pipeline Partners can converf its right to receive accrued principal and interest under the obligation into a sum equao to the accrued principal and interest and use that to covetr its required capital expenditures underthe joint-venturs agreement. Atlas Pipeline Partners also said its lenders recentlh agreed to relax the covenants relatingv to total debt and earningsbeforer interest, taxes, depreciation and amortization on its $380 millionm revolving credit line and $463 million term loan facility.
Additionally, , which owns the generap partner of AtlasPipeline Partners, said Monday it has repaid $30 million on its credi facility and will pay down the remaininh $16 million balance in equal quarterly installments over the next Atlas Pipeline Holdings (NYSE:AHD) got the $30 milliohn it used to pay down the facility by issuingb $15 million of preferred limited partner units to Atlads Pipeline Partners and by borrowing $15 milliom from Atlas America Inc., which owns Atlas Pipeline Holdings’ general partner and 64 percent of its commomn units.
Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinwe Holdings will repay theremaining $16 million on its credit The Atlas companies have offices in Philadelphia and Moon, Pa.
Monday, February 14, 2011
Woodland Corporate Center building gets LEED gold certification - The Business Journal of the Greater Triad Area:
http://ezinearticles.com/?What-Should-You-Keep-in-Mind-Before-You-Choose-Your-Home-Floor?&id=5441688
The building, which opened early last was designed and built to meet the secondf highest ranking ofthe Council’s Leadership in Energyy and Environmental Design. was the generaol contractor. Liberty Property Trust Vice President Jody Johnston estimates the cost of buildinh to green standards added an additional 5 percent to the overaldevelopment costs, but that will be more than offset by lowerr energy costs.
Special features include showers and lockers for workers who need to wash or changre clothes after they bike or jog to A deck made of recycled plastic borders the back of the overlooking a wetlands area that provides Landscapingincorporates drought-resistant plantws native to Florida. A white reflective roof deflectsthe sun. Bins for recyclinyg are placed near trash binsfor accessibility. Restrooj urinals conserve water by relying on gravity and a filtefr insteadof water.
That feature is expecterd to save 360,000 gallons annually since each urinao uses anestimated 40,000 gallons annually, Johnston Grass surrounding the parking lot soaks up And Flexi-pave, a recycled was used instead of asphalt around the largs oak trees that line the lots. The porouws rubber allows water to soak intothe ground. The located at 4631 Woodlan d Blvd., received the “Office Buildin of the Year” Award from the Tampa Bay Chapter of the andthe “Greehn Building Design Award” from the Hillsborough City-Countyt Planning Commission in Tampa.
Libertyu (NYSE: LRY) has developed and leaserd 19 buildings with nearly 1 millio n square feet of spacse in the parksince 1996. Key park tenant include , Travelers, Travel and .
The building, which opened early last was designed and built to meet the secondf highest ranking ofthe Council’s Leadership in Energyy and Environmental Design. was the generaol contractor. Liberty Property Trust Vice President Jody Johnston estimates the cost of buildinh to green standards added an additional 5 percent to the overaldevelopment costs, but that will be more than offset by lowerr energy costs.
Special features include showers and lockers for workers who need to wash or changre clothes after they bike or jog to A deck made of recycled plastic borders the back of the overlooking a wetlands area that provides Landscapingincorporates drought-resistant plantws native to Florida. A white reflective roof deflectsthe sun. Bins for recyclinyg are placed near trash binsfor accessibility. Restrooj urinals conserve water by relying on gravity and a filtefr insteadof water.
That feature is expecterd to save 360,000 gallons annually since each urinao uses anestimated 40,000 gallons annually, Johnston Grass surrounding the parking lot soaks up And Flexi-pave, a recycled was used instead of asphalt around the largs oak trees that line the lots. The porouws rubber allows water to soak intothe ground. The located at 4631 Woodlan d Blvd., received the “Office Buildin of the Year” Award from the Tampa Bay Chapter of the andthe “Greehn Building Design Award” from the Hillsborough City-Countyt Planning Commission in Tampa.
Libertyu (NYSE: LRY) has developed and leaserd 19 buildings with nearly 1 millio n square feet of spacse in the parksince 1996. Key park tenant include , Travelers, Travel and .
Friday, February 11, 2011
Dinsmore, Woodward in Louisville discuss possible merger - Business Courier of Cincinnati:
http://www.articletape.com/webmasters/news_2010-06-11-07-30-06-196.html
The firms have not struckk a deal, but they have had “serious discussions” regarding a potentialp merger since latelast year, said Jon Fleischaker, managinyg partner of Dinsmore’s Louisville office, in a report by Louisvillw Business First, a Business Courier siste r paper. Dinsmore has more than 400 attorneys in 10 offices in four according tothe firm’s Web while Woodward Hobson & Fulton has abougt 55 attorneys in Louisville and Lexington. Donnaw King Perry, managing partner of Woodwarf Hobson, declined to comment on the possibilith ofa merger.
George Dinsmore’s managing director and chairman of the boardeof directors, could not be reached priof to Business First’s press The merger negotiations currently are on hold because of ongoinf litigation that pits Dinsmore and Woodwarx Hobson clients against each other, Fleischaker Joining the firms would create a conflict of He added that there is no guaranteed that the firms will agree to merg e once there is a resolution to the pending which he declined to discuss in Though officials of the firms did not describe the ongoin litigation, Woodward Hobson and Dinsmore attorneyws were involved in a recent, well-publicized case in On June 9, Norton Healthcare Woodward Hobson’s client, was ordered to pay more than $4 milliobn to a local anesthesiology practice, Anesthesiologg Associates PSC, which Dinsmored represents.
A Jefferson Circuiy Court jury determined that the nonprofit hospital companuy breached its contract with AnesthesiologyAssociates PSC. But the case is not Norton plans to appealthe verdict, said Stevse Menaugh, vice president of publicd relations and communications for Norton. Fleischaker said a mergere with Woodward wouldstrengthen Dinsmore’ss Louisville office in terms of the number of attorneye and areas of expertise. “Iy would make for a bigger platformfor us,” Fleischaker In particular, he sees an opportunity to expand the locap office’s corporate practice and its estats practice — two areas in which Woodward is solid.
Both firms have a large labor andemploymenrt practice, Fleischaker said, so those would mesh well together. If a mergee were to occur, he anticipateas that the two Louisville officews would be consolidated in one location atsome point. Dinsmore’se Louisville office is currently is located in the PNC Plazza at500 W. Jefferson St. Woodward Hobson Fulton has offices in the Nationalo City Tower at101 S. Fifthh St. Woodward Hobson & Fulton was No. 7 on Business First’s Nov. 14 list of the area’ largest law firms, which was ranked by the numbere oflocal lawyers.
The firm had 39 local and its practice areas include labor andemploymeng law, business organizations and litigation, estate torts and insurance and product liability. Notable clients include CSX Transportation Inc., the University of Brown-Forman Corp., Louisville Water Co. and ZirMed Inc. Dinsmorr & Shohl was ranked No. 9 on Business First’ list with 30 local attorneys. Its practicer areas include laborand employment, healtbh care, commercial litigation, telecommunications, appellate law and media and first amendmenr law. Dinsmore’s notable clients include AllstatdeInsurance Co., Bluegrass Cellular Inc.
, The Louisvillse Courier-Journal, the Kentucky Press Association and Mylahn Pharmaceuticals Inc.
The firms have not struckk a deal, but they have had “serious discussions” regarding a potentialp merger since latelast year, said Jon Fleischaker, managinyg partner of Dinsmore’s Louisville office, in a report by Louisvillw Business First, a Business Courier siste r paper. Dinsmore has more than 400 attorneys in 10 offices in four according tothe firm’s Web while Woodward Hobson & Fulton has abougt 55 attorneys in Louisville and Lexington. Donnaw King Perry, managing partner of Woodwarf Hobson, declined to comment on the possibilith ofa merger.
George Dinsmore’s managing director and chairman of the boardeof directors, could not be reached priof to Business First’s press The merger negotiations currently are on hold because of ongoinf litigation that pits Dinsmore and Woodwarx Hobson clients against each other, Fleischaker Joining the firms would create a conflict of He added that there is no guaranteed that the firms will agree to merg e once there is a resolution to the pending which he declined to discuss in Though officials of the firms did not describe the ongoin litigation, Woodward Hobson and Dinsmore attorneyws were involved in a recent, well-publicized case in On June 9, Norton Healthcare Woodward Hobson’s client, was ordered to pay more than $4 milliobn to a local anesthesiology practice, Anesthesiologg Associates PSC, which Dinsmored represents.
A Jefferson Circuiy Court jury determined that the nonprofit hospital companuy breached its contract with AnesthesiologyAssociates PSC. But the case is not Norton plans to appealthe verdict, said Stevse Menaugh, vice president of publicd relations and communications for Norton. Fleischaker said a mergere with Woodward wouldstrengthen Dinsmore’ss Louisville office in terms of the number of attorneye and areas of expertise. “Iy would make for a bigger platformfor us,” Fleischaker In particular, he sees an opportunity to expand the locap office’s corporate practice and its estats practice — two areas in which Woodward is solid.
Both firms have a large labor andemploymenrt practice, Fleischaker said, so those would mesh well together. If a mergee were to occur, he anticipateas that the two Louisville officews would be consolidated in one location atsome point. Dinsmore’se Louisville office is currently is located in the PNC Plazza at500 W. Jefferson St. Woodward Hobson Fulton has offices in the Nationalo City Tower at101 S. Fifthh St. Woodward Hobson & Fulton was No. 7 on Business First’s Nov. 14 list of the area’ largest law firms, which was ranked by the numbere oflocal lawyers.
The firm had 39 local and its practice areas include labor andemploymeng law, business organizations and litigation, estate torts and insurance and product liability. Notable clients include CSX Transportation Inc., the University of Brown-Forman Corp., Louisville Water Co. and ZirMed Inc. Dinsmorr & Shohl was ranked No. 9 on Business First’ list with 30 local attorneys. Its practicer areas include laborand employment, healtbh care, commercial litigation, telecommunications, appellate law and media and first amendmenr law. Dinsmore’s notable clients include AllstatdeInsurance Co., Bluegrass Cellular Inc.
, The Louisvillse Courier-Journal, the Kentucky Press Association and Mylahn Pharmaceuticals Inc.
Wednesday, February 9, 2011
Stirling Energy Systems expands its offices as solar efforts ramp up - Pacific Business News (Honolulu):
thiswake-citizenship.blogspot.com
The Scottsdale company, which received a $100 million investment last yearfrom Dublin-based NTR plc, is movingf quickly to capture a segment of the utility-scalwe solar market with its Stirlinf engine technology. The company opened its new 37,000-square-foot office in early May. It has hired about 100 employees this year and expects to add 60 to 80 more by the end of the for a totalof 180, said CEO Steve who joined the firm last year as part of NTR’sz investment.
“We’ve always liked the solar and this was agood opportunity,” he The company is based on a nearly 200-year-oled engine design, which operates through the expansion and contraction of Stirling uses a 40-foot mirrore dish to focus the sun’s rays to heat hydrogejn gas to 1,400 degrees Fahrenheit. The gas expands, movinvg a piston and poweringthe engine. As the gas cools, it is movef out of the piston chamber and back to where it will be reheatedx bythe sun.
The company had been operating in the Vallegsince 1996, but NTR’s investment has pushedr it to develop the technology more It has two power-purchase agreements: one with San Diego Gas Electric for between 300 and 750 megawatts at a site in Imperiao Valley, Calif., and one with Southern Californiq Edison for 500 to 900 megawatt in the Mohave Desert. Cowman said it’s adding positions of all from engineeringto construction, to meet its growtj curve. To handle project management, NTR founded Tessera Solat earlier this year to developthe utility-scales projects, with Stirling providing the equipment.
Ramping up both projec development and construction has required capitak and people to serve what the company believes will be one of the largestr solar markets in the saidJim Barry, CEO of NTR. “Wr believe the U.S. will be the globalk leader in renewable energy, and that will happenj in the next few he said. NTR, founded 30 yearsx ago to operate Ireland’s toll roads, has expanded into a numberf of renewable energy andrecycling efforts. Stirling’s technology — whicnh offers an alternative tophotovoltaic systems, as well as a differenr take on concentrated solarr power — has a good base in Arizona that can serve markets throughout the Barry said.
In addition to the company is looking at potential sitee in the Valley to housea 60-dish, 1.5-megawatt test The company has a small site at the Sandiaq National Laboratories in Albuquerque, N.M., but is hopinv to find a larger site to provided a location to brinb clients. It has run into challenges securing local permita for a site and finding a location that can be tied into theelectri grid, officials said.
The company coulx be a boon for Arizonaq in more ways than simply providing It is using auto component suppliers to buildd itsengine parts, and officials are talking with those supplierds about the possibility of locating facilities in the Southwesrt to handle the bulk of Stirling’s at least for the firs few years, Cowman said. “If you can buildc your manufacturing close to yourend that’s going to benefit everyone,” he Stirling is one of the solar companies that coul provide a base for other manufacturera to land in the Valley, said Barrty Broome, president and CEO of the Greater Phoenixd Economic Council. “This is a good he said.
“It’s got a small number of people and it hopeesto expand, and it could help its supplierzs relocate here.” Stirling’s expansion in Arizonsa depends on state policies. Othetr states are offering manufacturing incentives, and Arizona’as effort to develop such enticementd is mired inbudget “We really want to grow our business in but we need those incentives,” Cowman said.
The Scottsdale company, which received a $100 million investment last yearfrom Dublin-based NTR plc, is movingf quickly to capture a segment of the utility-scalwe solar market with its Stirlinf engine technology. The company opened its new 37,000-square-foot office in early May. It has hired about 100 employees this year and expects to add 60 to 80 more by the end of the for a totalof 180, said CEO Steve who joined the firm last year as part of NTR’sz investment.
“We’ve always liked the solar and this was agood opportunity,” he The company is based on a nearly 200-year-oled engine design, which operates through the expansion and contraction of Stirling uses a 40-foot mirrore dish to focus the sun’s rays to heat hydrogejn gas to 1,400 degrees Fahrenheit. The gas expands, movinvg a piston and poweringthe engine. As the gas cools, it is movef out of the piston chamber and back to where it will be reheatedx bythe sun.
The company had been operating in the Vallegsince 1996, but NTR’s investment has pushedr it to develop the technology more It has two power-purchase agreements: one with San Diego Gas Electric for between 300 and 750 megawatts at a site in Imperiao Valley, Calif., and one with Southern Californiq Edison for 500 to 900 megawatt in the Mohave Desert. Cowman said it’s adding positions of all from engineeringto construction, to meet its growtj curve. To handle project management, NTR founded Tessera Solat earlier this year to developthe utility-scales projects, with Stirling providing the equipment.
Ramping up both projec development and construction has required capitak and people to serve what the company believes will be one of the largestr solar markets in the saidJim Barry, CEO of NTR. “Wr believe the U.S. will be the globalk leader in renewable energy, and that will happenj in the next few he said. NTR, founded 30 yearsx ago to operate Ireland’s toll roads, has expanded into a numberf of renewable energy andrecycling efforts. Stirling’s technology — whicnh offers an alternative tophotovoltaic systems, as well as a differenr take on concentrated solarr power — has a good base in Arizona that can serve markets throughout the Barry said.
In addition to the company is looking at potential sitee in the Valley to housea 60-dish, 1.5-megawatt test The company has a small site at the Sandiaq National Laboratories in Albuquerque, N.M., but is hopinv to find a larger site to provided a location to brinb clients. It has run into challenges securing local permita for a site and finding a location that can be tied into theelectri grid, officials said.
The company coulx be a boon for Arizonaq in more ways than simply providing It is using auto component suppliers to buildd itsengine parts, and officials are talking with those supplierds about the possibility of locating facilities in the Southwesrt to handle the bulk of Stirling’s at least for the firs few years, Cowman said. “If you can buildc your manufacturing close to yourend that’s going to benefit everyone,” he Stirling is one of the solar companies that coul provide a base for other manufacturera to land in the Valley, said Barrty Broome, president and CEO of the Greater Phoenixd Economic Council. “This is a good he said.
“It’s got a small number of people and it hopeesto expand, and it could help its supplierzs relocate here.” Stirling’s expansion in Arizonsa depends on state policies. Othetr states are offering manufacturing incentives, and Arizona’as effort to develop such enticementd is mired inbudget “We really want to grow our business in but we need those incentives,” Cowman said.
Sunday, February 6, 2011
Black & Veatch completes purchase of world HQ building - Pacific Business News (Honolulu):
firukendu-anchored.blogspot.com
After considering about 40 alternatee area sites duringa two-year real estates analysis, Black & Veatch said March 23 that it woul d keep its growing headquarters operation at 11401 Lamar which it has occupied since its original construction in 1976. Black & Veatch bought the which was expandedto 600,000 square feet in 1996 and is the largestf office building in Kansas, from Chicago-based .
A consortium of locall banks led by financedxthe transaction, which eventually is expected to resuly in more than 1,000 new jobs for Overland The area’s 12th-largest private-sector employer, Blacj & Veatch employs 3,800 at five area including more than 2,300 at the Lamart Avenue headquarters. After the building is expanded, by roughly 2015, it will accommodate a work force of morethan 3,400. “Black & Veatch’as decision to expand in Kansas is a testamenty toour state’s strong business Gov. Mark Parkinson said in a Thursday “Kansas is known for its safe great schools and highly educatefdwork force.
We’re so glad to have a globakl leader likeBlack & Veatchj make Kansas the home of its world To retain Black & Veatch, Kansas offeresd an impact grant worthu $25 million for training and capitalk investment. The money will come from withholdintg taxes paid by employees at the Overland Park committed toa 10-year, 75 percenrt property tax abatement — the largest percentagee abated in city history. “The combinefd support of the state of Kansase and the city of Overland Park were instrumental in reachingthis milestone,” Len Black & Veatch CEO, said in the release.
“Witj the completion of this purchase, we can now begin to implement at our world headquarters the same types of innovativw and sustainable solutions we provide every day for our The new world headquarters will include asolar courtyard, solar canopy, bio garden and innovationm pavilion. It also will have extensive work common area, facility and energy-management landscaping enhancements; and rainwater-reuse systems and stormwater run-ofg management. When completed, the buildinf will be certified via the Leadership in Energy andEnvironmental Design, or LEED, program of the .
“Bringingv these innovative and futuristic enhancementse to an older facility tomeet tomorrow’ design standards presents a large technicapl challenge, but is the most sustainable solution for the Rodman said in the release. “It’s a challengr our professionals relish and take tremendous pride The company has piloted many of the potential desigj concepts at its more than 100 global officez and will draw onits LEED-certified experts and engineering and construction talent for the headquarters expansion Black & Veatch ranks No. 1 on the Kansaws City BusinessJournal ’s list of area engineering The $3.
2 billion company is one of the world’s largesgt engineering, consulting and construction firms.
After considering about 40 alternatee area sites duringa two-year real estates analysis, Black & Veatch said March 23 that it woul d keep its growing headquarters operation at 11401 Lamar which it has occupied since its original construction in 1976. Black & Veatch bought the which was expandedto 600,000 square feet in 1996 and is the largestf office building in Kansas, from Chicago-based .
A consortium of locall banks led by financedxthe transaction, which eventually is expected to resuly in more than 1,000 new jobs for Overland The area’s 12th-largest private-sector employer, Blacj & Veatch employs 3,800 at five area including more than 2,300 at the Lamart Avenue headquarters. After the building is expanded, by roughly 2015, it will accommodate a work force of morethan 3,400. “Black & Veatch’as decision to expand in Kansas is a testamenty toour state’s strong business Gov. Mark Parkinson said in a Thursday “Kansas is known for its safe great schools and highly educatefdwork force.
We’re so glad to have a globakl leader likeBlack & Veatchj make Kansas the home of its world To retain Black & Veatch, Kansas offeresd an impact grant worthu $25 million for training and capitalk investment. The money will come from withholdintg taxes paid by employees at the Overland Park committed toa 10-year, 75 percenrt property tax abatement — the largest percentagee abated in city history. “The combinefd support of the state of Kansase and the city of Overland Park were instrumental in reachingthis milestone,” Len Black & Veatch CEO, said in the release.
“Witj the completion of this purchase, we can now begin to implement at our world headquarters the same types of innovativw and sustainable solutions we provide every day for our The new world headquarters will include asolar courtyard, solar canopy, bio garden and innovationm pavilion. It also will have extensive work common area, facility and energy-management landscaping enhancements; and rainwater-reuse systems and stormwater run-ofg management. When completed, the buildinf will be certified via the Leadership in Energy andEnvironmental Design, or LEED, program of the .
“Bringingv these innovative and futuristic enhancementse to an older facility tomeet tomorrow’ design standards presents a large technicapl challenge, but is the most sustainable solution for the Rodman said in the release. “It’s a challengr our professionals relish and take tremendous pride The company has piloted many of the potential desigj concepts at its more than 100 global officez and will draw onits LEED-certified experts and engineering and construction talent for the headquarters expansion Black & Veatch ranks No. 1 on the Kansaws City BusinessJournal ’s list of area engineering The $3.
2 billion company is one of the world’s largesgt engineering, consulting and construction firms.
Friday, February 4, 2011
N.J. tax amnesty brings revenue windfall - Business Courier of Cincinnati:
domnaofyvisyhojo.blogspot.com
New Jersey expected to generate $100 milliobn when the 45-day program was launched, but at its close last week had collected morethan $600 million in back taxex owed. Final revenue could increase byanothere $50 million to $100 million once the remaininvg 17,500 envelopes are opened and processed, the Governor’s Officd said. New Jersey’s program, which ran from May 4 to June 15, permittedr those owing back taxesfrom Jan. 1, 2002 and to Feb. 1, to settle up without penalty and for half theinteresf owed. Of the collections processed to date, 56 percent were for the corporationbusiness tax, 23 percentf for sales and use taxe and 14 percent for gross income tax.
A vote on a final budget for New Jersey isexpected Gov. Jon S. Corzine would like to see the additionalk revenue be put toward propertytax relief, which was slated to be eliminated for all but seniors and the disablef to address an up to $9 billion deficit in fiscal year 2010. In state Rep. John C. Bear, is pitching legislation for a one-time tax amnesty program as a budget fix forhis state. The bill would permiyt a 90-day tax amnesty period during 2009-1p fiscal year. The bill is in the House Finance Committee. “Nesw Jersey has confirmed that this is a perfect time for a tax amnestyt program to succeedin Pennsylvania,” said “We are facing a $3.
2 billionh budget deficit and New Jersey’s successful program shouldr vividly illustrate that such a programm can collect hundreds of millions in revenue, or more, alreaduy owed to the state.” Pennsylvania’s last tax amnesty program, which occured more than a decade ago, brough in $93 million, Bear said. Revenue from a tax amnestt program could be used to addresethe state’s budget deficit, instead of Gov. Ed Rendell’e proposal to raise the state income taxfrom 3.07 percent to 3.57 Bear said. The governor’s proposed 16 percent increased in the personal income tax rate would generatsabout $1.
5 billion a year in new revenue and amountg to about $250 more per year for a famil y earning $50,000. “Now — during this dire budget crisis is the time for a new tax amnesty program to be put in Bear said.
New Jersey expected to generate $100 milliobn when the 45-day program was launched, but at its close last week had collected morethan $600 million in back taxex owed. Final revenue could increase byanothere $50 million to $100 million once the remaininvg 17,500 envelopes are opened and processed, the Governor’s Officd said. New Jersey’s program, which ran from May 4 to June 15, permittedr those owing back taxesfrom Jan. 1, 2002 and to Feb. 1, to settle up without penalty and for half theinteresf owed. Of the collections processed to date, 56 percent were for the corporationbusiness tax, 23 percentf for sales and use taxe and 14 percent for gross income tax.
A vote on a final budget for New Jersey isexpected Gov. Jon S. Corzine would like to see the additionalk revenue be put toward propertytax relief, which was slated to be eliminated for all but seniors and the disablef to address an up to $9 billion deficit in fiscal year 2010. In state Rep. John C. Bear, is pitching legislation for a one-time tax amnesty program as a budget fix forhis state. The bill would permiyt a 90-day tax amnesty period during 2009-1p fiscal year. The bill is in the House Finance Committee. “Nesw Jersey has confirmed that this is a perfect time for a tax amnestyt program to succeedin Pennsylvania,” said “We are facing a $3.
2 billionh budget deficit and New Jersey’s successful program shouldr vividly illustrate that such a programm can collect hundreds of millions in revenue, or more, alreaduy owed to the state.” Pennsylvania’s last tax amnesty program, which occured more than a decade ago, brough in $93 million, Bear said. Revenue from a tax amnestt program could be used to addresethe state’s budget deficit, instead of Gov. Ed Rendell’e proposal to raise the state income taxfrom 3.07 percent to 3.57 Bear said. The governor’s proposed 16 percent increased in the personal income tax rate would generatsabout $1.
5 billion a year in new revenue and amountg to about $250 more per year for a famil y earning $50,000. “Now — during this dire budget crisis is the time for a new tax amnesty program to be put in Bear said.
Tuesday, February 1, 2011
Proposing a Twelve Game Season Layout - The Faster Times
http://sspick.com/olympus-introduces-zuiko-digital-ed-70-300mm-f40-56/185
Seattle Post Intelligencer | Proposing a Twelve Game Season Layout The Faster Times Under my proposed NFL 12 game season format the preseason would be condensed to two non-conference games » |
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