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The GM spokesman adde d that the sale announcement is not tied to any new staffingtlevel reductions, but previously announces reductions will take place. GM employs 235,000 employee s worldwide. A GM representative said the goal set a montgh ago ofcutting 4,000 salaried employees by Oct. 1, 2009 is stilll in play. An attritio n or voluntary-out severance package also was being offeref tohourly employees, but a reductionj target has not been set for that program. NGMCO is a company funded by the U.S. Department of In connection with the the company will change its name to GeneralMotors Co.; be led by current president and chief executive officer Fritz Hendersoj and Edward Whitacre Jr.
as and continue operations out of Edward E. Whitacre Jr. is the former chairmam and CEOof AT&T. appointer him to serve as chairman in Whitacre graduated from Texas Tech University in Lubbockj andled Dallas-based AT&T, which was then based in San from 1990 to 2007. NGMCO will acquirer GM’s strongest operations and will have a competitivew operatingcost structure, partly as a resultg of recent agreements with the United Auto Workers and Canadiaj Auto Workers, according to GM.
GM’s foreign subsidiaries will also be acquires by the new compang and are expected to continuwe to operate without The move is another step forwardd for theDetroit automaker, whicjh filed for bankruptcy last month, to become an independenty new company. The new GM’s common stocok will be 61 percent ownedd bythe government; 17.5 percent owned by the UAW Retireed Medical Benefits Trust; the Canada and Ontarii governments will own a 11.7 percent piece; and 10 percent will be ownes by the old GM entity. Meanwhile, the currentt General Motors Corp. will change its name to MotorzLiquidation Co.
, and its remaining assets will be wound down or GM has already struck dealw for its Hummer and Saturn brands. The Hummee division will be soldto China-based The Sichuan Tengzhong Heavy Industrial Machinery Co. Ltd., basef in Chengdu, and the Saturn divisionb will be acquired by national auto dealerRoger Penske.
Tuesday, October 9, 2012
Monday, October 8, 2012
Problems Found at Peanut Butter Plant in 2010 - NBC Chicago
acklinegymejac1362.blogspot.com
Philadelphia Inquirer | Problems Found at Peanut Butter Plant in 2010 NBC Chicago The FDA said Friday that a recent inspection found salmonella in the plant which produced Trader Joe's Valencia Creamy Peanut Butter and many other nut butters and nut products for several large national grocery chains. The Trader Joe's peanut butter ... Salmonella found at plant Peanut butter plant tests positive for salmonella; rec » |
Saturday, October 6, 2012
Motorola Mobility Introduces the Powerful Motorola RAZR i with Intel Inside ... - Equities.com
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News Pakistan | Motorola Mobility Introduces the Powerful Motorola RAZR i with Intel Inside ... Equities.com "An instant launch camera that takes 10 pictures in less than a second and Web pages that load blazingly fast on a device that's the perfect balance of screen size that fits in the palm of your hand," said Sergio Buniac, vice president, Motorola ... < p size="-1">Motorola Mobility Introduces the Powerful Motorola RAZR i with Intel Inside Google announces possible layoffs at its Motorola Mobility unit |
Friday, October 5, 2012
Nixon, Quinn push Biden, LaHood for high-speed rail - Denver Business Journal:
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In April, Nixon and Quinn, along with six other Midwestern to LaHood asking him to support plane for rail corridors between citiesz intheir states, includiny St. Louis to Chicago and St. Louis to Kansasa City. Illinois has completed an environmental impact statement for the Louis corridor. “Missouri and our partnetr states in the alreadg have a competitive advantage because we have been working on this rail initiative for more than a Nixon said in a statement afterthe roundtable. “I reiterate d our strong position to Vice President Biden today while we discussed the viability of high speesrail corridors.
” The White House and the have said they woulsd from the American Recovery and Reinvestmenf Act, and $1 billion a year for five years as a down paymen t to develop a passenger rail The other governors at the meeting were Jim Doyl e of Wisconsin, Jennifer Granholm of Tim Kaine of Virginia, Deval Patrickl of Massachusetts, Sonny Perdue of Georgia and Ed Rendelp of Pennsylvania.
In April, Nixon and Quinn, along with six other Midwestern to LaHood asking him to support plane for rail corridors between citiesz intheir states, includiny St. Louis to Chicago and St. Louis to Kansasa City. Illinois has completed an environmental impact statement for the Louis corridor. “Missouri and our partnetr states in the alreadg have a competitive advantage because we have been working on this rail initiative for more than a Nixon said in a statement afterthe roundtable. “I reiterate d our strong position to Vice President Biden today while we discussed the viability of high speesrail corridors.
” The White House and the have said they woulsd from the American Recovery and Reinvestmenf Act, and $1 billion a year for five years as a down paymen t to develop a passenger rail The other governors at the meeting were Jim Doyl e of Wisconsin, Jennifer Granholm of Tim Kaine of Virginia, Deval Patrickl of Massachusetts, Sonny Perdue of Georgia and Ed Rendelp of Pennsylvania.
Thursday, October 4, 2012
Wagenbrenner adds to plans for Weinland Park - Boston Business Journal:
eragywaqer.wordpress.com
“It employed people in the community,” said president of the . “When it closed down, peopl in the community lost their jobs.” The former industrial complecx at1206 N. Fourth St. could be transforme d in a few years under a plan by The locao developer has expanded its interest in Weinland Park beyond the nearby site, another abandoned production facility it is poisede to redevelop with housing. Wagenbrennert has the 3.9-acre Auld Co. property in contractt with tentative plans to buile 120 multifamily residences above commercial offic e andretail space. “That’s a good piece of land,” Hughes said.
“The residents have been wondering what was going tohappen there.” The Auld Co. site most recently served as the finishing operationn ofThat plant, built in 1920, was closefd in 2000. “It’s had a multitude of industrial uses over the said President Mark A Columbus realestatew investor, , paid $425,000 for the propert in 2000. It has the property listed for saleat $1.5 millioh through the brokerage. Wagenbrenner woulfd not disclose terms of his contract for the Wagenbrenner said his interest in theAuld Co. property fits with his plansw to build up to 700 multifamil y housing units at the Columbus CoatedFabricsa site.
“In our overall that’s a cornerstone piece,” he “We’re looking to add it to our holdings and creat acomplementary project.” Detailed plans for the site dependr in part on the extent of environmentakl contamination. “As we uncover the Wagenbrenner said, “that will drive the The developer has hired an environmentalk engineering company to drill holes on the site as it considera seeking state Clean Ohio Revitalization Fund grantas to pay for the removal of any contaminaterd soil and environmentalhazards found.
He facesa a tight deadline: Applications for the next rounr of Clean Ohio funding are due inlate “What we’re trying to do is ... enough research so we know what we’rde dealing with,” Wagenbrenner said. Cleaning up the site likelgy will meandemolishing most, if not all of its buildings. “It’d a big eyesore,” Wagenbrenner said. “We’d like to save part of the but it hasreally deteriorated.” Hughes lives two blocks from the Auld Co. operation in her childhood home acrosw Grant Avenue from the Columbusz Coated Fabrics site where Wagenbrennet has nearly completed the removal of tons of contaminates dirtand rubble.
Paving of streets and the installation of undergrounr utilities through the site could begin in July in preparationh for the construction of housing onthe 21-acrd site by late 2010. Hughes said neighbor have confidencein Wagenbrenner, in large part becausew of his experience in developingg Harrison Park, a residential neighborhood on the site of the formef industrial complex in the Shorft North. Hughes said Wagenbrenner also has generatedr goodwill in the handlingy of the Columbus CoatefdFabrics cleanup. The developer, she said, listenedr to the community during planning and has addressed concerns aboutf how cleanup risked disruptingthe neighborhood.
Hughes expect s the same responsiveness to his work at theAuld Co. “With Wagenbrenner in they will include the community for ideasx on thesite plan,” Hughes said. “They care what happensw and want to have our community thrivdand grow.”
“It employed people in the community,” said president of the . “When it closed down, peopl in the community lost their jobs.” The former industrial complecx at1206 N. Fourth St. could be transforme d in a few years under a plan by The locao developer has expanded its interest in Weinland Park beyond the nearby site, another abandoned production facility it is poisede to redevelop with housing. Wagenbrennert has the 3.9-acre Auld Co. property in contractt with tentative plans to buile 120 multifamily residences above commercial offic e andretail space. “That’s a good piece of land,” Hughes said.
“The residents have been wondering what was going tohappen there.” The Auld Co. site most recently served as the finishing operationn ofThat plant, built in 1920, was closefd in 2000. “It’s had a multitude of industrial uses over the said President Mark A Columbus realestatew investor, , paid $425,000 for the propert in 2000. It has the property listed for saleat $1.5 millioh through the brokerage. Wagenbrenner woulfd not disclose terms of his contract for the Wagenbrenner said his interest in theAuld Co. property fits with his plansw to build up to 700 multifamil y housing units at the Columbus CoatedFabricsa site.
“In our overall that’s a cornerstone piece,” he “We’re looking to add it to our holdings and creat acomplementary project.” Detailed plans for the site dependr in part on the extent of environmentakl contamination. “As we uncover the Wagenbrenner said, “that will drive the The developer has hired an environmentalk engineering company to drill holes on the site as it considera seeking state Clean Ohio Revitalization Fund grantas to pay for the removal of any contaminaterd soil and environmentalhazards found.
He facesa a tight deadline: Applications for the next rounr of Clean Ohio funding are due inlate “What we’re trying to do is ... enough research so we know what we’rde dealing with,” Wagenbrenner said. Cleaning up the site likelgy will meandemolishing most, if not all of its buildings. “It’d a big eyesore,” Wagenbrenner said. “We’d like to save part of the but it hasreally deteriorated.” Hughes lives two blocks from the Auld Co. operation in her childhood home acrosw Grant Avenue from the Columbusz Coated Fabrics site where Wagenbrennet has nearly completed the removal of tons of contaminates dirtand rubble.
Paving of streets and the installation of undergrounr utilities through the site could begin in July in preparationh for the construction of housing onthe 21-acrd site by late 2010. Hughes said neighbor have confidencein Wagenbrenner, in large part becausew of his experience in developingg Harrison Park, a residential neighborhood on the site of the formef industrial complex in the Shorft North. Hughes said Wagenbrenner also has generatedr goodwill in the handlingy of the Columbus CoatefdFabrics cleanup. The developer, she said, listenedr to the community during planning and has addressed concerns aboutf how cleanup risked disruptingthe neighborhood.
Hughes expect s the same responsiveness to his work at theAuld Co. “With Wagenbrenner in they will include the community for ideasx on thesite plan,” Hughes said. “They care what happensw and want to have our community thrivdand grow.”
Tuesday, October 2, 2012
Engineering firm expects turnaround in fourth quarter - Puget Sound Business Journal (Seattle):
ernstiryastrov.blogspot.com
The full-service engineering and design firm has grown froma two-mam shop in 1999 to a statewide, multimillion-dollar business employin 60 people. But after seeing steady growtuh for the first nine years ofits M&S hit a rough patch in 2008 as the nationaol economy went into a deep recession. “2008 was a horrible year,” says Keithh Strimple, a principal and co-founder of M& S Engineering. “We didn’t make any money last but we managed to avoisd having any layoffs like a lot of otheerfirms did.” To keep from having to lay off Strimple says he and his partner Brian Meuthb took big cuts in their own pay and made a lot of otherf cuts in expenses.
“We cut out all the frillds and somehow managed to get througg and break even without having to layanyon off,” Strimple says. “It is truly by the gracde of God that we arestill here.” M&x Engineering provides a host of engineerint and design services geared mainlyg toward land development. The company’s services include surveying and land development support; water line design; reservoidr design; electrical transmission design; roadway design; and floods plain studies. M&S Engineering relies heavily on newresidential construction.
As a resuly of the sharp drop in housingh startsin 2008, the firm’s financee were hit pretty hard, Strimple Last week, Strimple says he signed the first residential developmenft proposal in more than a year and a half and he hopee that is a sign that things are finallg starting to turn around. “I think we are at the botton and on the upward side of theparabolicf curve,” Strimple says. “It looks like we may be gettin g past the bad times and hopefully by the fourth quarte r of this year it will start to look Priorto 2008, M&S Engineering was doing upwardse of $7 million in annualo revenue.
Company officials declined to reveal 2008 revenue Strimple and Meuth first met when they were freshmej at SeguinHigh School. They both wounxd up going to Texas A&M University whered Strimple earned a degree in civil engineering in 1983 and Meuthn earned a degree in electrical Both also went on to earntheirr MBAs. Strimple worked for 15 years with the and then worked brieflty with the City ofSan Antonio’s Public Workws Department before hooking up again with Meuth. Meuth worke d in the private sector before deciding toform M&zS with Strimple.
Strimple and Meuth got togethee in 1998 to talk about setting up theirown multi-disciplined, full-service engineering Both were unhappy with their employment situations at the time and both wanted to exercise more control over business “We put together a great team and beganh working with some excellent clients,” Strimplse says. “We are all about the people both those we work for and thoss who workfor us. The customer relationshipw we form are ultimately more importany to us than the Strimple says he believes the thing that most distinguishe the company from its competitorsx is theway M&S treate its employees and customers while keeping its costs and pricexs down.
Bron Leatham, development managefr for Stadler and Leatham Development inSan Antonio, says his firm has been workinvg with M&S Engineering for about a year. Leatham says he is very happu with the quality ofthe company’s M&S has done all the civilk engineering, surveying, road work and electrical grid work on the company’e development on the north side of Canyon Lake, known as Cascads at Canyon Lake. Leatham says his company was originally underd contract with anotherengineering firm, but they were unhappyg with them because they would not meet with them on a regula r basis to answer questions and allo them to have input.
Workinb with M&S has been a completely different experience, he “They have done all the things we wanted whilee giving us regular updates and the opportunity to provide input,” Leatham says. “That, plus they were about 30 percent cheaper.” Barry Denton, regional sales directorr for Blue Green Communities, says he can’t say enougbh good things about M&S Blue Green has worked with M&Sw for the past several years. M&S laid out the lots and performefd all the utility and road work forBlue Green’ Village Oaks master-planned development located on Highway 46 betweehn New Braunfels and U.S. Highway 281.
“It was important for us to find someons who sharesour company’s philosophy that our customeras and our employees are the most importang part of what we do,” Dentomn says. “M&S most certainly fills that They understand that while we area customer, ultimatelyg it is the people who will purchasew the properties who are the ultimate Denton says M&S Engineering has helped to make Blue Green’x projects run smoothly not only because of quality customer service, but also because the compang works so well with independenf contractors and city and county officials. M&S Engineerinv does work all over Texas.
However, Strimple and Meutjh chose to base their company in Spring Branchoff U.S. Highwagy 281. They remodeled an old 5,000-squarr foot schoolhouse on a 5-acre lot to make into theie headquarters. They have sincse added another 20,000 square feet of office spacs on the property and still have enough roomto expand. Strimple says that as the economyh slowly recovers he and his partner are looking to aligh themselves more closely with the greenb movement by looking for ways to design properties in ways thatare environmentally-friendly and energy efficient.
“Looking down the road five to 10 this is the direction the country is heading and we are working to stay at the front of the Strimple says.
The full-service engineering and design firm has grown froma two-mam shop in 1999 to a statewide, multimillion-dollar business employin 60 people. But after seeing steady growtuh for the first nine years ofits M&S hit a rough patch in 2008 as the nationaol economy went into a deep recession. “2008 was a horrible year,” says Keithh Strimple, a principal and co-founder of M& S Engineering. “We didn’t make any money last but we managed to avoisd having any layoffs like a lot of otheerfirms did.” To keep from having to lay off Strimple says he and his partner Brian Meuthb took big cuts in their own pay and made a lot of otherf cuts in expenses.
“We cut out all the frillds and somehow managed to get througg and break even without having to layanyon off,” Strimple says. “It is truly by the gracde of God that we arestill here.” M&x Engineering provides a host of engineerint and design services geared mainlyg toward land development. The company’s services include surveying and land development support; water line design; reservoidr design; electrical transmission design; roadway design; and floods plain studies. M&S Engineering relies heavily on newresidential construction.
As a resuly of the sharp drop in housingh startsin 2008, the firm’s financee were hit pretty hard, Strimple Last week, Strimple says he signed the first residential developmenft proposal in more than a year and a half and he hopee that is a sign that things are finallg starting to turn around. “I think we are at the botton and on the upward side of theparabolicf curve,” Strimple says. “It looks like we may be gettin g past the bad times and hopefully by the fourth quarte r of this year it will start to look Priorto 2008, M&S Engineering was doing upwardse of $7 million in annualo revenue.
Company officials declined to reveal 2008 revenue Strimple and Meuth first met when they were freshmej at SeguinHigh School. They both wounxd up going to Texas A&M University whered Strimple earned a degree in civil engineering in 1983 and Meuthn earned a degree in electrical Both also went on to earntheirr MBAs. Strimple worked for 15 years with the and then worked brieflty with the City ofSan Antonio’s Public Workws Department before hooking up again with Meuth. Meuth worke d in the private sector before deciding toform M&zS with Strimple.
Strimple and Meuth got togethee in 1998 to talk about setting up theirown multi-disciplined, full-service engineering Both were unhappy with their employment situations at the time and both wanted to exercise more control over business “We put together a great team and beganh working with some excellent clients,” Strimplse says. “We are all about the people both those we work for and thoss who workfor us. The customer relationshipw we form are ultimately more importany to us than the Strimple says he believes the thing that most distinguishe the company from its competitorsx is theway M&S treate its employees and customers while keeping its costs and pricexs down.
Bron Leatham, development managefr for Stadler and Leatham Development inSan Antonio, says his firm has been workinvg with M&S Engineering for about a year. Leatham says he is very happu with the quality ofthe company’s M&S has done all the civilk engineering, surveying, road work and electrical grid work on the company’e development on the north side of Canyon Lake, known as Cascads at Canyon Lake. Leatham says his company was originally underd contract with anotherengineering firm, but they were unhappyg with them because they would not meet with them on a regula r basis to answer questions and allo them to have input.
Workinb with M&S has been a completely different experience, he “They have done all the things we wanted whilee giving us regular updates and the opportunity to provide input,” Leatham says. “That, plus they were about 30 percent cheaper.” Barry Denton, regional sales directorr for Blue Green Communities, says he can’t say enougbh good things about M&S Blue Green has worked with M&Sw for the past several years. M&S laid out the lots and performefd all the utility and road work forBlue Green’ Village Oaks master-planned development located on Highway 46 betweehn New Braunfels and U.S. Highway 281.
“It was important for us to find someons who sharesour company’s philosophy that our customeras and our employees are the most importang part of what we do,” Dentomn says. “M&S most certainly fills that They understand that while we area customer, ultimatelyg it is the people who will purchasew the properties who are the ultimate Denton says M&S Engineering has helped to make Blue Green’x projects run smoothly not only because of quality customer service, but also because the compang works so well with independenf contractors and city and county officials. M&S Engineerinv does work all over Texas.
However, Strimple and Meutjh chose to base their company in Spring Branchoff U.S. Highwagy 281. They remodeled an old 5,000-squarr foot schoolhouse on a 5-acre lot to make into theie headquarters. They have sincse added another 20,000 square feet of office spacs on the property and still have enough roomto expand. Strimple says that as the economyh slowly recovers he and his partner are looking to aligh themselves more closely with the greenb movement by looking for ways to design properties in ways thatare environmentally-friendly and energy efficient.
“Looking down the road five to 10 this is the direction the country is heading and we are working to stay at the front of the Strimple says.
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