Monday, November 14, 2011

Plans for $200M racetrack, entertainment center near DIA announced - Tampa Bay Business Journal:

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The announcement comes after years of discussion about the possibility of a track opening inthe area, although there was no word Wednesdayu of a NASCAR commitment to the Auroraw venture. . The facility announced Wednesdayh would be located in theplannefd 6,500-acre TransPort cargo-distribution developmeng along Interstate 70 several miles east of Pena Boulevard. Bill Schucko -- whose company, , is the developere of TransPort -- is one of the principalss involvedin Wednesday's racetrackm announcement. Schuck's plans call for the track comples to includea one-mild oval speedway and a four-mile road courss with room for 65,000p to 100,000 spectators.
The facility would accommodate a variety ofracingg types, including stock car, open wheel, road racing, club and track Kart racing and motorcycle racing. Schuck noted that the site is zoned forindustrial use, yet providesx easy access to spectators. The announcement said TransPort is negotiatinhwith "national and regional tourisnm attractions" and retailers to locate on the site along with the racetrackl "to create a true 'destination' entertainment and tourism "The Schuck Corp.
, and its long-time financial partners, will lead the private investment effort for the motor sportsa complex and will work with a variety of national and local partners with motor sports experience who are interestee in establishing a national racing venu in Colorado," the announcement said. "In addition, Schuck is workinv with Greg Stevinson, the Jefferson County real estatee developerand investor, on a variety of othee development opportunities on the site," the announcement added. Gerrhy Freeman, a spokesman for the development group, said NASCAR's involvement isn't pivotal to starting the project.
"There are a variet of other motor racing events that could be held at this he said. Financing will be a combination of private investorssand debt, which is yet to be fullty committed, although Freeman stressed that the project's organizerzs do not see financing to be a problem. He said a number of investors are waiting to jump on the project pendin completion of a final economic feasibility which is expected in afew weeks. Schuck's groul also will seek financial help from locall and state government shares of the federal economicd stimulus programas well.
The Colorado Legislature this month passed a measure aimed at providing incentives for majoftourism projects, with the possibilityt of a racetrack mentioned by lawmakeres in arguing for its passage. The measure, Senate Bill 173, awaitxs Gov. Bill Ritter's signature. Sponsored by Sen. Jennifer D-Denver, SB 173 would allow local governments to work with the Colorado Economivc Development Commission to set up enterprise zones that help to defra the infrastructure and construction costs of major tourism projects. State sales tax revenueas would help to fundthe projects. Lawmakers capped the measure's benefits at $50 million.

Saturday, November 12, 2011

McCain backs Whitman to succeed Schwarzenegger - Phoenix Business Journal:

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is backing former eBay CEO Meg Whitmab in her bid to replace Arnoldc Schwarzenegger asCalifornia governor. Term limits prevent Schwarzeneggee for running againin 2010. “Americans acrosw the country, are facing unprecedented economicf challenges, and Meg Whitman has the righft credentials torestart California‘ws economic engines,” McCain said in a “Meg led eBay with and her inspirational leadership has helped 1.3 million people make if not all, of their livin g selling on eBay.
I applaud her goalsd of getting Californi ans back to work by creating 2milliohn jobs, her commitment to fixinyg California’s budget problems, and helping to restors the public trust in government by cutting wasteful Whitman was among McCain’s businesd backers during his failed 2008 presidential bid. Californiqa faces a mammoth budget its economy hit hard by the recessionn and realestate crash. The 2010 governor’s race could be heavyweigh t affair with potential Democratic candidatexs suchas U.S. Sen.
Dianne San Francisco Mayor Gavin Newsom and statwe Attorney General Jerry Whitman could faceformer Hewlett-Packard CEO Carlyy Fiorina, another McCain backer, in the GOP primary.

Thursday, November 10, 2011

Mechanics in high gear - bizjournals:

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The seven shops joined the international FixAuto brand, which meanss they consolidated just enough to win valuable business from the insurance industry while protecting their mom-and-pop The seven new Fix Auto shops collectivelt employ 104 people and had more than $17.8 milliob in revenue last year. The shops originally teamed up nearly sevenjyears ago, but until this year kept theirr old names with the Fix Auto brand remainingy secondary to their business identities.
This spring, all sevej agreed to convert to the Fix Auto name in orderf to stand out in a market dotted with Fix Auto is an international networm of independent auto repair shops that poolsx its buying power and marketingb resources and positions itself as a preferred partner forauto insurers. To independengt business owners, being part of a networo brings the benefits of alarge corporation, including discounts of up to 33 percenty on common supplies such as paint and body For a shop with monthly revenue aroune $150,000, it costs roughly $500 to $600 per mont h to join the network.
Local body shop owners say the Fix Auto model will also help them compete for insurancd business and survive an industry some expec to shrink from a highof 60,000 businesses to aboug 30,000. Some experts, however, advise against such networks. “We normally don’t suggestf clients (join a network),” said Kurt Lewis, assistant saleas director for IPA, a consulting firm in Buffaloo Grove, Ill., that works with body Lewis suggests that companies do a thorough audit of theidbusiness instead. Employee productivity, customer service and saleas are just a few areas that Lewiss said companies can adjust to strengthen thebottomj line.
Body shop owners, however, said the deal with Fix Auto was “I needed to position myself to be able to surviver inthe future,” said Shon Kim, owned of Fix Auto Gresham, formerly Obrist & Cunningham and presiden of the Fix Auto Oregon territory. He says auto insurers, like health work with preferred providers, usually large operatorx with multiple locations. In the absence of a network likeFix Auto, that leaves mom-and-pop body shops on the It’s a difficult time in the auto body The industry posted a 4 percent net profir in 2008, according to Sageworks Inc., a researchh firm. Nationally, sales growth in the $1.8 billion industruy slowed to 3.
8 percent in half its 2002 rate. “We’re having to work a lot hardere to make just about the same or even Kim said. Some owners lamented the name change.

Tuesday, November 8, 2011

Agencies reel in accounts, launch work; ad competition looms - South Florida Business Journal:

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has been awarded the Palm Beach County Conventiobn and Visitors Bureau media services account for fiscalyear 2009. The a division of , will handlew all media initiatives. This includes strategic media targeted research and media Work will be handledby Green’s Boca Raton office. Media will targegt audiences including theconsumer leisure, meetings and conventions, travel trade and targeted international markets, said Bill Vervaeke, the CVB’s VP of marketinyg and brand management. , a Hollywood marketingy and branding firm focusing on thefranchisre arena, is working with clients for the ’s Franchisw Expo South, being held Jan 9-11 at the .
, the restauranyt franchise, for local store marketingt andpromotional offers, as well as franchisd sales. , a St. Petersburg medicalo identification franchise company launching nationally atthe show, with a goal of opening 600 Soutjh Florida franchises. , a national wine stors franchise, looking at marketing partnerships to driveconsumee traffic, and branding of its new Master Wine Panel of mastere sommeliers and other sommeliers from established restaurants and hotels, including The Breakerse in Palm Beach. The goal is to both sell franchisews and drivecustomer awareness, said Lornew Fisher, Fish Consulting CEO and managinb partner.
Positioning at the show helps franchises in both he said. “With the economy the way it is, it will be a greatef challenge for small and emerging franchise concepts to increasew their sales and growtheir footprint,” Fisher “Therefore, despite the economy, theses companies need to continue to sell franchises.” Passersbyy near Broward Boulevard and Interstate 95 can watchh people sneaking a peek at the 100-acrs transformation of Riverbend, a new transit-orientex development from Amera Barron.
Or so they In a new teaser campaign forthe mixed-user retail, office, residential and transit hub construction fence graphics show imageas of dozens of curioue folks peering inside the The fencing will give way to a waterfalkl feature taking shape behind it in the next few The effort was created by A Hothouse of a Fort Lauderdale design firm. handlesx public relations for the development. In other accountg news, Wellington Training Club and LLC are two new clientsfor , a Wellingtonn PR firm specializing in the equestrian Wellington Training Club is an equestrian traininh complex. HorseClosings.
com is a national horse closintg transaction businessserving buyers, sellerzs and professionals in the hors industry. Calls for entries for the annual American Advertising Federation Addy Awardas havebeen announced. Entries must be registeredx onlineat www.addycompetition.com. Fees range from $20 for studentx to $110 for non-members. Drop off, gallery nighrt and galas for each county’s respectived competition are as follows: : Entry drop off is Jan. 16 before 9 p.m. at Mad 4 Marketing, 5203 N.W. 33rd Fort Lauderdale. The Gallery Night will be held Jan. 29 at , 2250 N. Commercer Parkway, Weston. The awarde event will be held Friday, Feb. 20 at Cinema Paradiso, 503 S.E. Sixth St.
, Fort Lauderdale. : Entry drop off is Jan. 16 and Jan. 21, 4-7 p.m. at , 1501 Biscayn Blvd., Miami. The federation will not have a gallery and details for the gala have notbeen finalized. Checko www.adfedmiami.com for details. : Entry drop off is Jan. 8-9 by 5 p.m. at , 6107 S. Dixid Highway, West Palm Beach. Visit www.palmbeachadfed.co m to learn more.

Saturday, November 5, 2011

Pacific Beach Hotel management changes - Pacific Business News (Honolulu):

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, an affiliate of Outrigger Enterprises, had been managing the 837-roomj hotel on Kalakaua Avenue onlysinced Jan. 1. HTH Corp. said one of its , will take over managemeny on Dec. 1. A statement issued Fridagy by both companies did not say why the changes wasbeing made. "After many months of working together, both HTH Corporation and PBH Management LLC have concludex that PacificBeach Corp. is better positionede to focus on this perfectly located hotel and to attainthe property'e long term business goals," said Robert "Mick" Minicola, HTH regional vice president said in the statement.
"We'll work togethedr to make sure therse are minimal interruptions and it will be business as usuaol for hotel guests. We have appreciatedr the flexibility and professionalism of PBHManagemenf LLC." The Pacific Beach Hotel has been involves in contentious contract negotiations with the International Longshore Workers Uniohn since the union narrowly won an electiob to organize its 480 workers in 2004. The ILWU steppedf up its pressure on the hotel this summer with pickets and letterx toprospective guests.
PBH took over the contract negotiationws when it assumed management of the hotel and presumablyh will hand the bargaining back to HTH Mel Wilinsky, executive vice president of PBH Management, could commen t beyond the news release. HTH founded by the late Herbert T. Hayashi, also owns the in

Thursday, November 3, 2011

Gender gap: Girls have the edge over boys - Business First of Buffalo:

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"We see it in a broad What we've noticed is that female studentzs who apply here tend to havehigher grade-poinyt averages in high school," says Christophert Dearth, director of admissions at . "That has been the case for Overall in theUnited States, adolescent females outperformk adolescent males," says Karen Karmazin, assistanty superintendent for curriculum and instruction at the Granx Island Central School District. A new Business Firsr study corroboratestheir observations. Girls have a definite edge in the as shown by an analysis of WesternjNew York's top students and the region's standardizedf test scores. 1.
Girls outnumber boys in the rankw of elite students The 100 members ofBusinesx First's 2009 All-Western New York Academic announced earlier this week, are hailed as the best and brightes t high school seniors in the eight-county region. This year'sw honorees include 62 girls and38 boys. The imbalance is even more pronouncedf on theFirst Team, which consists of the 25 Academicv Team members judged to have the strongest records of classroon success, leadership skills and community involvement. Seventeenb of the 2009 First Teamers -- 68 percent -- are The Academic Team was chosen through a blinde process designed toremove bias.
The selectio n committee was given an edited summary ofeach candidate'e qualifications. Nominees' names and schools were removeed fromthose forms, as was any informatiob that might indicate gender or race. But the odds nonetheless favoree the selection of girleover boys. That's because Western New York high schools submittedx 254 female students forthe panel'x consideration, compared to 134 males. Each schoolp was limited to four a way of encouraging them to submit only theidrbest candidates. Twenty-five high schools nominated four females. Only five school s submitted four males. 2.
Girls outscore boys on most standardized exams Business First analyzedr a battery of 13 statewide testsz duringthe 2007-2008 academic year, includinh English, math and science exams in fourth and eighth social studies exams in fifth and eighth and Regents exams in English, science, global history and U.S. history. The girlas in Western New York's 98 school taken collectively, did better than boys on nine of thosed13 tests. The biggest disparity occurredr on the eighth gradeEnglish Two-thirds of the region's girls (66.8 demonstrated basic skills on that test last compared to 52.2 percent of the boys, a gap of 14.6 percentagre points.
(Any student who reaches Level 3 or 4 on an elementaryh or middle school or who scores 65 or bettee on aRegents exam, is definee as having basic skills.) Girlsd beat the boys by at least one percentages point on four other fourth grade English (a gap of 8.8 percentages points), eighth grade math (4.4 points), Regent s English (2.7 points) and Regents math (1.2 points). Therer were only two tests on which boys beat girlws by a margin of at least one eighth gradescience (1.5 points) and fourth gradew science (1.0 points). 3.
Girls outperform boys in most school districtas Business First used the same 13 tests to measurre the gender gap in all 98 Boys or girls were given a poin t each time they did better than the other side in reachinv either the basic orsuperior (Any student who hits Level 4 in elementary or middl school, or who scores 85 or highedr on a Regents exam, is said to have superiod skills.) The maximum possible score was 26 Females took the upper hand in 67 while males had the advantage in just 24. The remainingg seven were draws. Western New York's biggesft mismatch occurred inGrand Island, where girls won 21 pointas to the boys' five.
Other strongholds for girls were Alden, Letchworthh and Medina, where they earned 20 pointsx apiece, and Akron, Kenmore-Tonawanda and Silver Creeok at 19points each. Boys were strongesr in Cheektowaga-Sloan and Fillmore, where they came away with 19 of 26possibl points. Next were Andover, Clarence and LeRoy, wher e males won 18 points.

Tuesday, November 1, 2011

California settles with Kmart, sues Target - Denver Business Journal:

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The state’s attorney general, Jerry Brown, joined by districtg attorneys from manyCalifornia counties, including Alameda, Santqa Clara and Contra Costa, filerd a suit against Minneapolis-based Target (NYSE: TGT), saying it sent hazardouxs waste to various landfills in violation of state law. The suit is mean to stop the practices. In news reports, Target said it has been cooperatinyg withthe AG’s office for thre e years on this matter and that it is committeed to complying with all environmental laws.
Kmart, ownec by (NASDAQ: SHLD), agreed to a settlemengt that includescivil penalties, legal costs and some money to boosf protection of the environment in the Thomas Orloff, Robert James Fox and Dolores the DAs of Alameda, Contra San Mateo and Santa Clara counties respectively, joined Brownj in the suit against According to court papers, Targer has 180 facilities, including stores and in California.
The suit alleges Target threw out “ignitablr aerosol wastes” including propanew canisters, in a trash compactor in Alameda County on May 14 andMay 21, for