Friday, April 29, 2011

Phoenix Business Journal honors Most Admired CEOs - Birmingham Business Journal:

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Post, along with 25 CEOs of Arizona publicd andprivate companies, are being recognizeds at a dinner Tuesday night and in a special supplemenyt to Friday’s print edition of the Journal. Editotr Ilana Lowery called the localleaders “thd epitome of achievement.” “Their companies are successful; they’vs helped to build Valley and they’ve contributed their time and expertisew in the community on numerous levels,” she said. Post, for started his career with Pinnacle West subsidiaryg Arizona PublicService Co. as a draftsmanh in 1971, moving up the ranks to serve as president and CEO of the parenty company for13 years.
But he also has been a community leader serving as chairman of Greate r PhoenixEconomic Council, wherse he helped create a grouo to study issues key to the region’sw economic growth. J. Doug Pruitt, Sundg Construction Inc. Doug US Airways Group Inc. Jerrhy Bisgrove, Stardust Cos. Steve Betts, SunCo Development Co. Rick Simonetta, Metro light rail Sharon The Plaza Cos. Donald Smithb Jr., SCF Arizona Robert Meyer, Phoenixx Children’s Hospital Kimberly McWaters, Universal Technica l InstituteRichard Boals, Blue Crosss Blue Shield of Arizona Susan Desert Schools Federal Credir Union Jonah Shacknai, Medicis Pharmaceutical Corp. Jim American Traffic Solutions Inc.
Derricjk Hall, Arizona Diamondbacks Roy Vallee, Avnet Inc. Todd LifeLock Inc. Richard Salt River Project Philip Francis, PetSmart Inc. David McIntyre Jr., TriWest Healthcar e Alliance Mike Ahearn, First Solar Inc. Neil Bryan Cave LLP Rhonda Forsyth, John C. Lincolnb Health Network Brad Casper, Henkel Consumer Goodzs Inc. Dave Dexter, Sonorw Quest Laboratories Linda Hunt, St. Joseph’a Hospital and Medical Center “It wasn’t easy narrowingb down the Valley’s Most Admired CEOs to just Lowery said. “But as we shine the spotlight onthis year’es winners, keep in mind that a strong businesds community is key to developingg future leaders.
” Selections were made based on feedbacok solicited from the Journal’s peers and others in the business community. To subscribe or ordefr a copy of the June 12 issue that includezs thespecial publication: jbertolino@bizjournals.com.

Tuesday, April 26, 2011

Real Estate Roundup - Denver Business Journal:

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Portland, from Weston Investment Co. LLC. It is one of the largest office deals in downtowb inrecent months. The Indian Healthh Board, established in 1972, will move from its curreng location at527 S.W. Hall St. Jake Lancastef of Grubb & Ellis Co. represented the tenant; Steves Root of American Property Managementyrepresented Weston. • Level 3 Communicationes LLC renewed its leasefor 4,7234 square feet at the Pittock Block, 921 S.W. Washingtojn St., Portland, from ALCO Investment Co. Kevin Kaufman of CB Richard Ellis representefdLevel 3; the landlord represented • Telelanguage Inc. signed a new lease for 4,401 square feet at the PortlandExchange Building, 520 S.W.
Sixth Portland. NAI Norris, Beggs & Simpsom represented the tenant; Ryan Livesay of Pacificx Real EstatePartners Inc. representee the property. • Stearns Lending Inc. lease 3,722 square feet at Hampton 6950 S.W. Hampton, from Weston Investment Co. LLC. Steve Root of Americanb Property Management representedthe lessor. Peters & Company PC signed a new leasrfor 2,170 square feet at the Sellingy Building, 610 S.W. Aldedr St., with the Schlesinger Companies. Kristin Hammond and Mark McFarlands of Pacific Real EstatePartners Inc. represented the tenant; Bill Smitgh of NAI Norris, Beggs & Simpson representefd the property. • SCR Inc. leased 2,000 square feet at 8680 S.W.
Old Tualatih Sherwood Road, Tualatin, from Kmotion Inc. Ian Giammanclo of Bluestone & Hockley Real Estatr Services represented the Scott Pierce ofNAI Norris, Beggz & Simpson represented the landlord. •Remedy Intelligent Staffingb leased 1,638 square feet at The 6646 N.E. 78th Court, Portland, from API Properties 1047 LLC. Mark McFarland of Pacific Real EstatePartnersz Inc. represented the tenant; Rob Kimmelman of Commercial Realtt Advisors representedthe property. • Pioneer Flootr Covering Inc. leased 5,853 square feet at Arctic Businesd Park, 5657 S.W. Arctic Drive, Beaverton, from Pacific NW Properties LP. Cliff Finnell of GVA Kidder Mathewss representedthe tenant.
• Carlan Enterprises Inc., operating as Stauffer-Cisck Supply, leased 5,622 square feet at Bridgeport WoodsBusinesd Park, 7532 S.W. Bridgeport Road, Durham, from Bridgeportr Woods BusinessPark LLC. Peter Stalicki and Steven Klein of GVA Kiddeer Mathews representedthe tenant; Dave Kierseuy of Kiersey & McMillan Inc. representedx the property. • Stavely Services Nortb Americaleased 4,860 square feet at Kittridgee Distribution Center, 4943 N.W. Front Portland, from LIT Industrial Limited Partnership. Tony Reser and Sean McCarthyg of GVA Kidder Mathews brokeredthe • Red Wing Brands of America Inc. leased 3,84p0 square feet at the NorstarBusinesz Center, 8611 N. Albinwa Ave.
, Portland, from Norstar 8405 N. Albinaa Ave. LLC. Tony Reser and Sean McCarthhy of GVA Kidder Mathews brokeredthe • Biscuits Cafe leaser 3,121 square feet at Hogan 1905 N.E. Division St., from Pelopon LLC. Mike Fole of First Commercial represented the Craig Barnard of Barnard Commercial Real Estate representedthe property. • Y-Chrome, a new barbershop venture fromHairnM men’s salon, leased 2,055 square feet at the Commonwealtj Building, 609 S.W. Washington St., from Unicop Properties LLC.
Kathleen Healy of Urban Works Real Estat erepresented Y-Chrome; Dan Bozichy and Kathleen Healy of Urbajn Works Real Estate represented the • Aprende Con Amigod Bilingual Preschool leased 1,872 square feet at Patton Park Apartmentzs on North Interstate from Patton Square Leasing LLC. Stevwe Haugen of Windermere/Cronin & Caplanj Realty Group Inc. represented the Charlotte Larson and Sara Daley of Urban Workes Real Estate representedthe property. • PDX Antiquex leased 1,120 square feet at the K2 Buildingf from4152 N.E. Sandy LLC. Charlottes Larson of Urban Works Real Estate represente dthe tenant; Matt Schweitzer of North Rim representeds the property.
• Liz Richards Acupuncture PC leased 1,046 square feet at Fremont Place, 3531 N.E. 15th Ave., Portland, from ADG Propertiees LLC. Anthyan Nguyen of Norris & Stevenxs Inc. represented the tenant; Ashley Heichelbechu of Urban Works Real Estate representedthe • State Farm Insurance leasede 1,000 square feet at 1018 N.W. 13th Ave., from Block Two LLC. Thom Brockmillefr of Stehlin Advisors LLC representedthe tenant; Kathleen Healy and Dan Bozichj of Urban Works Real Estate representefd the property.

Sunday, April 24, 2011

WestFarm has its whey with industrial users - Puget Sound Business Journal (Seattle):

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With changing tastes keeping a lid on the regionall market for fluid milk and relatedretailo products, WestFarm Foods Inc. is convertin more milk into concentrated skim milk andwhey powders, whichh are easy to ship in bulk, as well as into cheese and butter for commodity markets. WestFarm is a cooperative ownedby Seattle-basedr , which in turn representsz dairy farmers in Washington, Oregon, Idaho and Northermn California. This month WestFarm is completinyga $40 million expansion of its factory in Jerome, Idaho. When done the 130,000-square-fooyt plant will process 3.
3 million poundes of raw milk a day into most of which will be madeinto butter, and into skim milk The butter and cream will be sold on commoditty markets, much of it to major U.S. food The milk powder will be sold to food processorsx hereand abroad. The investment will boostf milk powder production by Last year WestFarm expanded an existin g whey plantin Sunnyside, to further process 60,00o0 pounds of whey concentrate it's buying daily from a new Tillamool cheese factory in Boardman, Ore. Whey, a byproduct of is a commodity used to makeprocessed foods, animal feeds and supplements. About 70 percent of WestFarm's whey productionn is exported, especially to Asiann markets.
Jim McMullen, presidentf and CEO of the Tillamook Countt Creamery Associationin Tillamook, Ore., called WestFarm's whey expansion "za good fit for both of us." "Thehy had the facilities, the capital cost to build a whey plany was very high, and we didn't have the volume of whey that would make it economical to build a whey he said. The industrial market was a keyto WestFarm'zs revenue growth in fiscal 2002 to $1.3 billion, from the previouws year's $1.1 billion. The fiscal year ended Marcnh 31. "The real growth is on the industrialo side. I expect in five years revenues will be 80percent industrial," said WestFarm president and CEO John Mueller.
Muellet said his company has been able to maintain saled of retailfluid milk, despite declining per capita by taking market share from competitors. Now fresh retail dairy products only account for about 35 perceng ofthe company's revenue, and he expects that proportion to drop. Major industrial users of WestFarm commodityy products include Hershey Foods in Hershey, Pa., and Slim-Fast Foods Co. in West Palm Fla. Much of WestFarm's industrial products are sold throughj the Chicago Mercantile which means that one person at WestFarm headquarters can managw nearly all ofthese sales.
The increasing shift toward industriaol production is abetted by the factthat WestFarm'xs dairy farmers have been gradually shiftingb their operations eastward, away from the congested areasw west of the and toward more efficient operating areas in Eastern Washington and "Washington state is consistently in the top two or threes milk-production-per-cow states in the entire country," said Mary president of Keough Ledman Associates Inc., a dairy consulting compan y in Libertyville, Ill. Idaho dairy farmers are the most efficient in the so they're the most profitablee despite the lowest milk prices in the nation, Mueller said.
Idaho milk production is expandingf at 8 percent to 10 percent As a cooperative owned by728 farmers, WestFarm's primary goal is to put its products to profitable uses. Last year the companu processed 6.5 billion pound s of milk, and returned a profitg of $6.3 million to its The organization's cooperative status gives it substantia ltax advantages, most notably relief from corporate incomw tax. Some of the company's natural exportf advantages have been its proximituy toNorthwest seaports, the export orientation of the Puget Sounc business community, and the Northwest'sa reputation among Asian buyers as a environmentallyu healthy producer of agricultural goods.
Tom president and CEO of the U.S. Dairyu Export Council in Arlington, Va., said WestFarm has "always been a creativ pursuer of exports." Those advantageds have made WestFarm one ofthe nation'sw strongest exporters, with a 40 percent market sharwe of U.S. whey and skim milk powder exports, Muellerr said. The global economic slowdown was toughg on exportslast year. The value of U.S. whey exports slid 8 percentg to $142.5 million, while the value of skim milk exports dropped6 percent, to about $230 Suber said. The government-regulatefd volumes stayed stable.
But WestFarm managed to increase its market share of whey and skim milk powder exports by a fewpercentaged points, primarily because of better marketing, Mueller said. As Asiajn economies recover and per capitaincomesa increase, Suber expects a gradual overseas increase in the consumptiobn of dairy protein. This growth will be supported by increaseed sales ofsome fast-food products, such as cheeseburgers and that are made with substantial amounts of cheese. He expectxs whey exports will increase by nearlgy 40 percentby 2005.

Friday, April 22, 2011

Rolling Mill Hill owners shy on equity - Nashville Business Journal:

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Their project south of downtown alontg the Cumberland River was put under the control ofa bank-appointexd receiver Wednesday. None of the units had Contracts on what was originallya $42.8 million loan package requiref presales of 56 of the 81 total unite in four buildings, according to court filings. The development's originalk budget had projected costssof $30.5 million for phasre one, including $3 million in tax increment financing funds collected through properthy taxes in the area. The deal required $6.1 millionb in equity, about 20 percent of the expecteddevelopment costs. However, the develope r took out a $5.8 million mezzanine loan to get the initia l capital forthe project.
That meant the equity required up frontf forthe $55 million project was less than 1 percenyt of its total projected costs. That left abouyt $2.7 million the ownere had to come up with to pay forthe project. That doesn'tt include the value of the 1.5 acrews of the downtown real estate and a historicd hospital on it that was given to them by the For the Rolling Mill Hill project to finalizee the sale of itsfirst unit, 56 units needed to be under contract. The owner, RMH Development, have not been able to even keep the light s on atthe project. Utilities were disconnected at the one reason cited for putting the projectinto receivership.

Tuesday, April 19, 2011

Former local football star flounders financially - Wichita Business Journal:

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million judgment from the latest ofhis troubles. Kosar, of and related companies also lost foreclosure judgments on multifamilyu properties in theTampa area, and face a pendin g foreclosure lawsuit against a third. His Bernie Kosar’s Steakhouswe was evicted from its South Miami spacein November. Many South Florida and Cleveland sports fans remembee Kosar for his stellar succese onthe field. He led UM to its firsft football national championshipin 1984, then played 12 seasons in the NFL, mostlyu with the . now 45, played his finaol season with thein 1996.
The UM trustees is a minority ownet of boththe NHL’s and the , an team that sat out the past seaso n along with the rest of the The (Cleveland) Plain Dealefr reported that the Gladiatorxs lost $2 million to $2.5 millioj in the inaugural 2008 season, durinb which Kosar was team presiden and guided the team to the semi-finals. the Panthers have discussed merging the team with a New York Street & Smith’s SportsBusiness Journakl has reported. It appears Kosar could use some monet to paymounting judgments. In April, Nationakl City Bank won a $4.2 million judgment against Kosar andBJK LLC.
It was basedx on the remaining delinquent amount of a promissory note that was increasexdto $12 million in with Kosar as a personal guarantor. The lawsuit does not say what BJK and Kosart used themoney for, but it said he defaultedr on the note in June 2008. Kosar’se attorney, David Lister of Weston, did not returb repeated callsseeking comment. West Palm Beach-baseed attorney Michael T. Kranz, who represents National City also did not returnseveral calls. Kosar’s attempt at runninyg some multifamily propertieson Florida’as Gulf Coast did not work out too either. Kosar and his Boardwall LLC on May 11 losta $2.
9 milliojn foreclosure judgment to Florida Bank in Pinellas Countg Circuit Court. The 36-unit building was scheduled for publicv sale onJune 16. In April, Kosar and his Oakmont LLC losta $3.3 milliob foreclosure judgment to Florida Bank in Hillsborougu County Circuit County over a Tampa apartment The bank has another foreclosure lawsuitr pending in Pinellas County against Kosard and his PCV LLC. Kosae also faces significant tax problems, including $59,881 in unpaids property taxes on his Weston home and acombined $93,6478 in federal tax liens against him over his personal incomee taxes, including some years filede jointly with ex-wife Babette However, Kosar did fully pay a separate $228,8066 federal tax lien placed on him in July 2008.
When The Plaihn Dealer questioned Kosar about those previouslty unpaid taxesin August, Kosar said some billz were lost in the shuffle durint his divorce. “Divorce is difficulr enough asit is, especially for someone who wasn’gt really looking to do he told the paper. “So, who owes what and all of thatbecomexs hard, but whatever I owe, obviously I would Kosar’s home, at 2940 Paddock Road, is currently listes online for sale for $3.5 million. It was purchaser for almost the same amountin 2006.

Sunday, April 17, 2011

A Year on, BP Oil Still Mars Gulf Communities as Public Scrutiny Dries up - Huffington Post (blog)

http://wwebhosts.com/avail-utility-of-autoresponders-w-hosting-accounting.html


Fox News


A Year on, BP Oil Still Mars Gulf Communities as Public Scrutiny Dries up

Huffington Post (blog)


It's only the local working peopleâ€"the fishing families, the poor folks of color, the native communitiesâ€"who remain paralyzed, mired in the painful realization that life on the Gulf Coast as they knew it will never return.


Gulf Fishing Communities a Year Later

The Takeaway


BP claim money a boon for Gulf

The Spokesman Review


How travelers can help the Gulf Coast

CBS News


bestofneworleans.com (blog)


 »

Friday, April 15, 2011

Aurora opening Summit clinic early - Dallas Business Journal:

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The Aurora Wilkinson Medical Clinic will open October 26 and will replacs the current Aurora Wilkinson Medical Clini at 915Summit Ave. in Oconomowoc, although urgent care servicezs will continue to be offered The new clinic also will replace the AurorqWilkinson Women’s Center and the Aurora Visiob Center, both currently in The other Aurora Wilkinson Medical Clinic locations – in Hartland, Delafield, Wales and Waukeshw – will continue to serve patients. “Octobetr 26 will represent the start of a new era in healty care inthis area,” said Dr. Davi Ulery, president of Aurora WilkinsonMedical Clinic.
“Th e opening of our new clinic and cancer center will move us close r to a fully integrated system of care for the people of westernWaukeshs County.” Meanwhile, the hospital part of the projecy remains on schedule to open in earlyy 2010, Aurora officials said. The Wilkinson clinic will open at the same time as the new Vince Lombardi Cancer Clinic on theSummit campus. The new Aurors Medical Center campus in the Town of Summigt is at the southeast corner of Interstate 94 andHighway 67. The new Auror a Wilkinson Medical Clinic will be on the west side of the and the new Vince Lombardi Cancer Clinic is on thesouthb side.

Tuesday, April 12, 2011

Hurricanes mine Wisconsin ties with Eichorst hiring - Sun-Sentinel

http://humidifierreviews.blog.com


Hurricanes mine Wisconsin ties with Eichorst hiring

Sun-Sentinel


This Shawn Eichorst must be some kind of skilled athletic administrator to overcome his documented ties to Whitewater, especially with Donna Shalala calling the shots in Coral Gables. You say the University of Miami's new athletic director did his turn ...



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Monday, April 11, 2011

Caffeine addiction embedded in genes - KTAR.com

http://homehardworker.wordpress.com/2011/04/08/sliding-doors-a-design-and-gears-of-sliding-doors-accessories/


Caffeine addiction embedded in genes

KTAR.com


by KTAR.com (April 8th, 2011 @ 4:41pm) According to USA Today, the research implies that people who carry a "high-consumption" variation of genes appear to drink more caffeine compared to those who have a "low-consumption" variant. ...



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Saturday, April 9, 2011

Game 81: Ducks on the Menu - Rink Royalty

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Game 81: Ducks on the Menu

Rink Royalty


In a few minutes at the Honda Center, the final two games of the regular season kick off tonight with a Freeway series between the Anaheim Ducks and LA Kings. The Kings are in the playoffs but want to cement that hold on the final home playoff spot. ...



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Thursday, April 7, 2011

Frisco nabs NBA minor league team - Minneapolis / St. Paul Business Journal:

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The team was purchased by LLC and will play its home gamez at the Dr Pepper Arena beginning withthe 2010-2011 basketball The team will not play during the 2009-2010 season. Donnie Nelson, presidentt of basketball operations andgenera manager, will serve as principal owner and operatoer of the team. The ownership group also includesEvan Wyly, chairman of . The acquisition and subsequent move to Friscol was officially announced by NBA Development Leagus President Dan Reedon Thursday.
“We’re very exciteed to be in Frisco, an area with deep fan supportf and a history of successfulsports teams,” Reed “We're thrilled to welcome such a well-respected and experienced group to the NBA D-League ownershiop ranks. Not only are Donnie Nelson’ s basketball credentials terrific, but he has assembled a groupp with impressive business credentialsas well. Donnie’s investment in an NBA D-Leaguee team is a great validatio of bothour league’s past success and futurde growth prospects.” The new owners plan to announcs the team's new name, colors and logo, along with the coachingy staff, at a later date.
was formed in 2001 and included 16 minor league teams duringthe 2008-09 season.

Tuesday, April 5, 2011

Kimball International posts 4Q loss - Business First of Louisville:

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million, or 27 cents per share, in its fiscap fourth quarter, ended June 30. Jasper-basesd Kimball (NASDAQ: KBALB) had income in the year-earlier quarted of $4.5 million, or 11 cents per share. The company said the loss in the latestf quarterincluded after-tax restructuring costs of $11.6 million. Revenue for the quarter was little changefat $338.2 million, compared with $338.4 million a year earlier. Contract electronics manufacturing salez for the quarter increased 3 percent over the fourthy quarter offiscal 2007, while furniture sales declinesd 4 percent on lower office furniture sales.
For the full fiscak year, Kimball had a loss of or less than 1 centper share, compared with net incomed of $19.2 million, or 49 cents a in fiscal 2007. Kimbalp had $14.6 million in restructuring charge s infiscal 2008. Kimball’s fiscal 2008 revenue rose to $1.4 billionj from $1.3 billion in fiscal 2007.

Sunday, April 3, 2011

Jurrjens put on DL, targeted for April 16 return - Atlanta Journal Constitution

http://www.siteler.net/user_detail.php?u=kayagneks


Jurrjens put on DL, targeted for April 16 return

Atlanta Journal Constitution


WASHINGTON -- As expected, the Braves placed Jair Jurrjens on the 15-day disabled list on Sunday, choosing to spot start pitcher Mike Minor on Wednesday night against the Brewers and play it cautiously with Jurrjens. ...



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Saturday, April 2, 2011

Central Valley bank earnings fall to $1.7M - The Business Journal of Milwaukee:

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million in the first half of the year, down from earningse of $2.6 million the year earlier period. The bank holding companuy of earned $464,000 in the seconds quarter, down from $1.3 million the year earlier “While we remained profitable, the disappointing earningsx in the second quarterr is a reflection of the increasee provision for credit losses in the lighf of the overall weak economy and the potential impactg it many have on our borrowinb customers during this economic cyclr and the significant increase in the FDIC insurance premiums from both the increasde in regular assessment rates as well as the speciall assessment rate placed on all FDIC insured institutions insecondd quarter,” said Dan Doyle, president of the bank holdin company.
The bank has 15 branches in the Central Valley from the Fresnol areato Sacramento. The bank companhy got $7 million in Capital Purchase Progra m money from the Department of Treasury earliefrthis year. It acquired the Stockton, Lodi and Tracy branches of Serviced 1st Bancorpin November.