The Atlantic Wire | Groups ask Feds to ban Facebook's 'frictionless sharing' CNET A collection of advocacy groups today asked the Federal Trade Commission to ban Facebook's recently announced feature that and other information if users choose to enable it. In a letter sent to the FTC, ... Groups ask US Feds to ban Facebook's 'frictionless sharing' The Inevitable Friction of Facebook's Frictionless Sharing Spotify bows to privacy pressure as Facebook sharing meets friction |
Thursday, September 29, 2011
Groups ask Feds to ban Facebook's 'frictionless sharing' - CNET
1189126qun.blogspot.com
Tuesday, September 27, 2011
UMMS going national in hunt to replace outgoing CEO - Baltimore Business Journal:
vilyfijohy.wordpress.com
Notebaert, 64, who served at the helm of the region' s third largest health system forfive years, plans to retire by Aug. 1. UMMS boare of directors could name an interij leader later this summer after launchingg a nationwide search for a permanent Among the names being consideredc to serve in the temporary post areBob Chrencik, executivs vice president and chief financial officefr of UMMS; Jeff president and CEO of ; and Jamew Walker, president and CEO of , said Houser Speaker Michael Busch, who serves as a member of the UMMS boarc of directors. Walker said last year he plannex to retirethis June.
"We want this to be as seamlesas processas possible," Busch said about the transition in leadershio for the nearly $2 billion organization. Notebaert's offics declined to comment and directed inquiries to UMMS John Erickson, CEO of Catonsville-based LLC and chair of the UMMS boardx of directors, referred comments to the health system. Joan a spokeswoman for UMMS, said a nationakl search firm will be retained to find a replacemenftfor Notebaert. That search, she said, coul begin shortly. Notebaert's pending departurde took someby surprise.
"Hs had a lot of successes at UMMS," Busch During his tenure, patient admissions grew 34 percent and net incomed tripledfrom $28 million to $80 million. The UM medicall system also completed the acquisitiobnof Easton-based and the in Chestertown. He also helpec negotiate a deal in 2006 with the to sharde ownership ofthe . Notebaert also helpecd manage a $117 million expansion project at Baltimore Washington Medicalp Center expected to open this year andthe $57 million replacement building for Maryland General Hospital slated to open in 2010. Fundin g for the also increasexd to morethan $68 million underd his leadership.
Notebaert serves on the board and previously did a stint on the University of Baltimore County boardof visitors. But for Notebaert's exit is a welcome "He never understood that an institution like UMMS shoulds be part ofthe community," said Arnold Jolivet, managin director of the Maryland Minority Contractorx Association. "He was a divider that didn't bring peopled together." Jolivet sued UMMS in Augusyt 2007 for discrimination in awardint contracts forconstruction work. He said Notebaert and the boarx blocked minority businesses and small businesses from biddinbon contracts.
In March, a federal judgew ruled that UMMS must adherw to procurement guidelines as apublic entity. UMMS had argueds that the health system should be treated as a private In April, the Maryland Board of Public Works said a $9 millionh state grant for UMMS dependef on the board's participation in a minorityt business work group. Jolivet and others in the minoritybusinesw community, like Ackneil M.
"Neil" Muldroa II, president and CEO of Parker Muldroq & Associates LLC, said the next UMMS leade r needs to build relationshipswith minority-owned businesseas and small business Health care leaders said Notebaert's replacemeng also will need to balance the interests of its researchers and community organizations. "Thew next UMMS leader will need to be able to navigatre among the various demands bythe public, regulators, legislators, physician and the rest of its work force to delivedr high quality health care in an increasingly tougyh financial environment," said Nancy Fiedler, a spokeswoman for the .
UMMS is the region'x third largest health system with $1.9 billion in revenue in 2006. UMMS member hospitals include Baltimore WashingtonMedical Center; University of Maryland Medical Maryland General Hospital; ; Universityu Specialty Hospital and Mt. Washington Pediatric Hospital.
Notebaert, 64, who served at the helm of the region' s third largest health system forfive years, plans to retire by Aug. 1. UMMS boare of directors could name an interij leader later this summer after launchingg a nationwide search for a permanent Among the names being consideredc to serve in the temporary post areBob Chrencik, executivs vice president and chief financial officefr of UMMS; Jeff president and CEO of ; and Jamew Walker, president and CEO of , said Houser Speaker Michael Busch, who serves as a member of the UMMS boarc of directors. Walker said last year he plannex to retirethis June.
"We want this to be as seamlesas processas possible," Busch said about the transition in leadershio for the nearly $2 billion organization. Notebaert's offics declined to comment and directed inquiries to UMMS John Erickson, CEO of Catonsville-based LLC and chair of the UMMS boardx of directors, referred comments to the health system. Joan a spokeswoman for UMMS, said a nationakl search firm will be retained to find a replacemenftfor Notebaert. That search, she said, coul begin shortly. Notebaert's pending departurde took someby surprise.
"Hs had a lot of successes at UMMS," Busch During his tenure, patient admissions grew 34 percent and net incomed tripledfrom $28 million to $80 million. The UM medicall system also completed the acquisitiobnof Easton-based and the in Chestertown. He also helpec negotiate a deal in 2006 with the to sharde ownership ofthe . Notebaert also helpecd manage a $117 million expansion project at Baltimore Washington Medicalp Center expected to open this year andthe $57 million replacement building for Maryland General Hospital slated to open in 2010. Fundin g for the also increasexd to morethan $68 million underd his leadership.
Notebaert serves on the board and previously did a stint on the University of Baltimore County boardof visitors. But for Notebaert's exit is a welcome "He never understood that an institution like UMMS shoulds be part ofthe community," said Arnold Jolivet, managin director of the Maryland Minority Contractorx Association. "He was a divider that didn't bring peopled together." Jolivet sued UMMS in Augusyt 2007 for discrimination in awardint contracts forconstruction work. He said Notebaert and the boarx blocked minority businesses and small businesses from biddinbon contracts.
In March, a federal judgew ruled that UMMS must adherw to procurement guidelines as apublic entity. UMMS had argueds that the health system should be treated as a private In April, the Maryland Board of Public Works said a $9 millionh state grant for UMMS dependef on the board's participation in a minorityt business work group. Jolivet and others in the minoritybusinesw community, like Ackneil M.
"Neil" Muldroa II, president and CEO of Parker Muldroq & Associates LLC, said the next UMMS leade r needs to build relationshipswith minority-owned businesseas and small business Health care leaders said Notebaert's replacemeng also will need to balance the interests of its researchers and community organizations. "Thew next UMMS leader will need to be able to navigatre among the various demands bythe public, regulators, legislators, physician and the rest of its work force to delivedr high quality health care in an increasingly tougyh financial environment," said Nancy Fiedler, a spokeswoman for the .
UMMS is the region'x third largest health system with $1.9 billion in revenue in 2006. UMMS member hospitals include Baltimore WashingtonMedical Center; University of Maryland Medical Maryland General Hospital; ; Universityu Specialty Hospital and Mt. Washington Pediatric Hospital.
Sunday, September 25, 2011
Brooks Adams: Director of Coin an avid collector who knows language of dollars and science - The Business Journal of the Greater Triad Area:
Dometic Refrigerators
“I go to thrify stores all the time,” Adams “It’s kind of an intellectual thing. When you find new you get to learnabout them, and I thinkk that’s what turns me on about it. And I love findinfg a deal.” Well, he’s come to the right job. The intersectiob of nanotechnology and biotechnology in areae such as drug delivery and tissue regenerationm is one of the sharpest cuttin edges ofmodern science, and his job with the new centet will be to connect academic researchers with industrgy and get deals done. (See related story, page 5) Coin, whicg is currently funded by a $100,000 planning grant from the , is awaiting a decisionh on $2.
5 million in startup funding from that It is being organizedby , UNC-Greensboro and and housed in the . He’ds just the guy to bridge that business-academic divide because he speaks the languages of both dollars and saysStephen Pham, who worked with Adamw at his previous job with in Virginia. Pham was the techir and Adams the money guywhen they’d meet together with potential partners, Pham says, but Adams never seems to be out of his “He just has a real understandinv of the product evolution process over the wholed spectrum,” Pham says.
“And he’s very He can go up to a company president and shake hands and chat withno hesitation, and he can talk with a youngt lab tech and make her feel like a part of the team right away. He just makes people Adams speaks otherlanguages too: French, German and Italian in various stages of fluencyy and rust, the result of a childhood and younbg adulthood spent living abroad. The Italian he learnedc as a 3-year-old living on the coast of Italyh is almost allgone now, he but his conversational ease apparently came early. “They say those are the formative he says, “and my mother said I wouldd wander the beach and talk to anyond and everyone.
” Adams’s father, who is now retired, was an obstetrician in Asheboro, and the doctors in the family include his grandfather, uncle and brother. But Adams says he didn’t care for the blood and guts of the famil business and instead spent his earl career in finance armed with an economicsw degree from and an MBA from Buthe couldn’t find much meaning for himself in the businessw of moving money around (though he quickly adds that he’s gratefup other people can), and took an opportunitg during some time spent as a businesw development consultant to sign on instead with a startupl biotech, Boron Biologicals.
He helped guide that company into the marketse for osteoporosis and glioma treatmentsz plusDNA diagnostics. It was a good business move intoa $1 billion-plud market, but it also connected with Adams on a personall level. “The objective in the pharmaceutical and healtnh care space is treating patients and giving peopl e longer and happier andhealthier lives,” he says. “It’sz good to be able to feel like you’rew contributing to that, even in a small The five years Adams spent with Cornintg in marketing and business development may be the most helpfuo experience to draw upon in hisnew role, he believes, becaus he spent time there building partnerships with academic researcherse for the specialty glass and ceramics giantf in new product fields like gene arrays.
For he was key to Corning’e agreement in 2000 with the Whitehead Institute for Biomedicalk Research at MIT to partner on new tools for gene discoveryu and disease diagnosisand treatment, says Tom Vasicek, who was his supervisoer at Corning at the time. It was a complicatef deal on both a scientific andcommercial level, Vasicejk says, but Adams was effective at helpin the university and his own compant see various issues from the other’s Part of his technique is combining a broacd range of knowledge with a lack of “He seems like he can walk into any situation with Vasicek says, “but he knowws what he doesn’t know and doesn’t out-step his That’s been part of his strategy in launching the Center of Innovatiojn for Nanobiotechnology or Coin sinces being hired on as its directore in January.
His first task has been designing a businessx plan forthe N.C. Biotechnology Center to secure $2.5 millionh in startup funding forthe operation. That has involvexd working with the technology transfer officere atWake Forest, UNCG and A&T plus industry and academicv planning groups to define a mission and operating plan. Among the key decisiones that group of planners has made is tofocuws Coin’s attention on targeted drug delivery and tissue areas that the Triad and the rest of the statwe have a variety of resources in that need coordination.
If the plan is Adams will be spending his time mining the universityy and company laboratories around North Carolins for ideas that mesh with one another and havecommercial potential, and steering the parties towardc deals that can bring new nano-powered productd to market and build up the state’s industrg in the process. It will be a differenft role than he’s used to, but Adamss is looking forward to seeinyg how far he cantake it. “oI guess when you get to age 50, sometimeas you think about doingvsomething different,” he “I’m from North Carolina, and the notion of beintg able to do something good and significanyt for my home really appeals to me.
”
“I go to thrify stores all the time,” Adams “It’s kind of an intellectual thing. When you find new you get to learnabout them, and I thinkk that’s what turns me on about it. And I love findinfg a deal.” Well, he’s come to the right job. The intersectiob of nanotechnology and biotechnology in areae such as drug delivery and tissue regenerationm is one of the sharpest cuttin edges ofmodern science, and his job with the new centet will be to connect academic researchers with industrgy and get deals done. (See related story, page 5) Coin, whicg is currently funded by a $100,000 planning grant from the , is awaiting a decisionh on $2.
5 million in startup funding from that It is being organizedby , UNC-Greensboro and and housed in the . He’ds just the guy to bridge that business-academic divide because he speaks the languages of both dollars and saysStephen Pham, who worked with Adamw at his previous job with in Virginia. Pham was the techir and Adams the money guywhen they’d meet together with potential partners, Pham says, but Adams never seems to be out of his “He just has a real understandinv of the product evolution process over the wholed spectrum,” Pham says.
“And he’s very He can go up to a company president and shake hands and chat withno hesitation, and he can talk with a youngt lab tech and make her feel like a part of the team right away. He just makes people Adams speaks otherlanguages too: French, German and Italian in various stages of fluencyy and rust, the result of a childhood and younbg adulthood spent living abroad. The Italian he learnedc as a 3-year-old living on the coast of Italyh is almost allgone now, he but his conversational ease apparently came early. “They say those are the formative he says, “and my mother said I wouldd wander the beach and talk to anyond and everyone.
” Adams’s father, who is now retired, was an obstetrician in Asheboro, and the doctors in the family include his grandfather, uncle and brother. But Adams says he didn’t care for the blood and guts of the famil business and instead spent his earl career in finance armed with an economicsw degree from and an MBA from Buthe couldn’t find much meaning for himself in the businessw of moving money around (though he quickly adds that he’s gratefup other people can), and took an opportunitg during some time spent as a businesw development consultant to sign on instead with a startupl biotech, Boron Biologicals.
He helped guide that company into the marketse for osteoporosis and glioma treatmentsz plusDNA diagnostics. It was a good business move intoa $1 billion-plud market, but it also connected with Adams on a personall level. “The objective in the pharmaceutical and healtnh care space is treating patients and giving peopl e longer and happier andhealthier lives,” he says. “It’sz good to be able to feel like you’rew contributing to that, even in a small The five years Adams spent with Cornintg in marketing and business development may be the most helpfuo experience to draw upon in hisnew role, he believes, becaus he spent time there building partnerships with academic researcherse for the specialty glass and ceramics giantf in new product fields like gene arrays.
For he was key to Corning’e agreement in 2000 with the Whitehead Institute for Biomedicalk Research at MIT to partner on new tools for gene discoveryu and disease diagnosisand treatment, says Tom Vasicek, who was his supervisoer at Corning at the time. It was a complicatef deal on both a scientific andcommercial level, Vasicejk says, but Adams was effective at helpin the university and his own compant see various issues from the other’s Part of his technique is combining a broacd range of knowledge with a lack of “He seems like he can walk into any situation with Vasicek says, “but he knowws what he doesn’t know and doesn’t out-step his That’s been part of his strategy in launching the Center of Innovatiojn for Nanobiotechnology or Coin sinces being hired on as its directore in January.
His first task has been designing a businessx plan forthe N.C. Biotechnology Center to secure $2.5 millionh in startup funding forthe operation. That has involvexd working with the technology transfer officere atWake Forest, UNCG and A&T plus industry and academicv planning groups to define a mission and operating plan. Among the key decisiones that group of planners has made is tofocuws Coin’s attention on targeted drug delivery and tissue areas that the Triad and the rest of the statwe have a variety of resources in that need coordination.
If the plan is Adams will be spending his time mining the universityy and company laboratories around North Carolins for ideas that mesh with one another and havecommercial potential, and steering the parties towardc deals that can bring new nano-powered productd to market and build up the state’s industrg in the process. It will be a differenft role than he’s used to, but Adamss is looking forward to seeinyg how far he cantake it. “oI guess when you get to age 50, sometimeas you think about doingvsomething different,” he “I’m from North Carolina, and the notion of beintg able to do something good and significanyt for my home really appeals to me.
”
Friday, September 23, 2011
Hawker announces furloughs, building closures - Washington Business Journal:
balamatovaegede.blogspot.com
In a letter to all Vice President of Human Resources Rich Jiwanlal said the movess are partthe company’s ongoingb effort to “resize our compang to match the continuing declines in consumer demand.” One of the measures will be furloughs whicj will include both product line and plant specific requirements. The dates for the furloughss will beJune 29-Julgy 2, Nov. 23-25 and Dec. 21-24.
The letter informsw employees that if vacation or earned time off is not available to cover these days then the furloughs will be Hawker will also be relocatingits engineering, finance and supply-chaimn teams back onto the company’s primary This will allow it to closd two buildings “off-campus,” the letter states. There was no announcemeng regarding anyfurther layoffs. The company declined to give any more informationn atthis time.
In a letter to all Vice President of Human Resources Rich Jiwanlal said the movess are partthe company’s ongoingb effort to “resize our compang to match the continuing declines in consumer demand.” One of the measures will be furloughs whicj will include both product line and plant specific requirements. The dates for the furloughss will beJune 29-Julgy 2, Nov. 23-25 and Dec. 21-24.
The letter informsw employees that if vacation or earned time off is not available to cover these days then the furloughs will be Hawker will also be relocatingits engineering, finance and supply-chaimn teams back onto the company’s primary This will allow it to closd two buildings “off-campus,” the letter states. There was no announcemeng regarding anyfurther layoffs. The company declined to give any more informationn atthis time.
Wednesday, September 21, 2011
EMC beefs up Mass. presence with Cambridge lab, MIT sponsorship deal - Denver Business Journal:
iwyqaxewun.wordpress.com
The Hopkinton, Mass., storage and information managemenygiant (NYSE: EMC) said Wednesday the Media Lab sponsorshi is one of several initiatives coordinated out of EMC Research which will be locatedx at 11 Cambridge Ctr. in Cambridge, The center will house EMC’s security-business research lab, RSA Laboratories, as well as abour a dozen researchers, technologists and business leadersacrosa EMC’s business units. The company also has researc facilities in China andSanta Clara, Calif.
“Researchu and advanced technology groupsacross EMC, along with our globalp university research partners, are discovering and explorinf new technologies that will shape the futurw of digital information,” said Jeff Nick, EMC senio vice president and chief technology officer, in a “This is an incredible opportunity for EMC to brinyg together some of the world’s leading researchn minds and innovators in areas such as personall information management, information integration and cloud computing.” As a consortium sponso of the MIT Media Lab, EMC will be able to acceszs the center’s research on how people use and interac t with new technologies.
EMC said its initiall collaboration will be on new models for data ownership and interfaces for business transactions and health careIT initiatives. A consortium sponsorshil costs $200,000 per year for a minimum of three Sponsors receive full intellectual propert rights to technology developed at the lab during their The announcement comes a week after EMC and a groupl of universities and technology companies announcerd the development of a high performancde computing research facilityin Holyoke, Other tech giants have built dedicatedx R&D lab in Cambridge in recent years. (Nasdaq: MSFT), GOOG) and (NYSE: IBM) built research centerws in the city in the pasttwo years.
The Hopkinton, Mass., storage and information managemenygiant (NYSE: EMC) said Wednesday the Media Lab sponsorshi is one of several initiatives coordinated out of EMC Research which will be locatedx at 11 Cambridge Ctr. in Cambridge, The center will house EMC’s security-business research lab, RSA Laboratories, as well as abour a dozen researchers, technologists and business leadersacrosa EMC’s business units. The company also has researc facilities in China andSanta Clara, Calif.
“Researchu and advanced technology groupsacross EMC, along with our globalp university research partners, are discovering and explorinf new technologies that will shape the futurw of digital information,” said Jeff Nick, EMC senio vice president and chief technology officer, in a “This is an incredible opportunity for EMC to brinyg together some of the world’s leading researchn minds and innovators in areas such as personall information management, information integration and cloud computing.” As a consortium sponso of the MIT Media Lab, EMC will be able to acceszs the center’s research on how people use and interac t with new technologies.
EMC said its initiall collaboration will be on new models for data ownership and interfaces for business transactions and health careIT initiatives. A consortium sponsorshil costs $200,000 per year for a minimum of three Sponsors receive full intellectual propert rights to technology developed at the lab during their The announcement comes a week after EMC and a groupl of universities and technology companies announcerd the development of a high performancde computing research facilityin Holyoke, Other tech giants have built dedicatedx R&D lab in Cambridge in recent years. (Nasdaq: MSFT), GOOG) and (NYSE: IBM) built research centerws in the city in the pasttwo years.
Monday, September 19, 2011
Ford will stop Claycomo F-150 production for a week - Portland Business Journal:
adatynu.wordpress.com
The UAW Local 249 posted the informationj in a newsletter on its Web Local 249 Vice Presiden t Bobby Wyse confirmed Monday that the information is The production stoppage comes a week before an alreadscheduled one-week summer break for the entire plang starting June 29, a Local 249 spokeswoma said. The plant also is scheduled for a summer break durinb the weekof Aug. 17. Sales of Ford F-series trucka were 33,381 in May, up 16 percent from 28,7587 in April but down 22.3 percen t from 42,973 in May 2008. UAW Local 249 said the slighy increasein month-to-month sales enabled Ford (NYSE: F) to cancel the scheduled down week on June 22 at its F-15 0 truck plant in Mich.
, but the down week was left intact at the Kansas City Assembly Plant. “This is partially due to depleted funds forthe state’s Division of Unemploymenr in Michigan, making down weeks at less of an the Local 249 said in the newsletter. Loca l 249 added that sales projections continuw to be less than the five shifts at the two truckj plants can produce if they work full time throughj the 2010production year. Ford runs two shiftss at Claycomo and threein Dearborn.
Wyse said Ford is consideringb once again moving a shift fromthe F-150 side of the Kansasw City Assembly Plant and putting them to work on the SUV However, nothing has been determined so far, he A year ago, Ford moves about 800 workers from a second shifrt on the F-150 side of the Kansas City plant to a third shift on the SUV The employees were moved back to the F-15p0 side on Jan. 12. Ford Escape sales in May reaches 16,391, up 20.6 percent from 13,595 in April but down 7.2 percenr from 17,667 in May 2008.
The Kansas City Assembluy Plant also produces the Mercury Mariner and hybrix versions of the Ford Escape and Mercury Combined sales of hybrid versions of the Ford Mercury Milan, Ford Escape and Mercury Marinef reached 3,906 in May, a new company The old sales record of 3,4209 hybrid vehicles was set in April 2006. As of May, Ford’ds Kansas City Assembly Plant in Claycomp hadabout 3,900 hourly and 200 salaried
The UAW Local 249 posted the informationj in a newsletter on its Web Local 249 Vice Presiden t Bobby Wyse confirmed Monday that the information is The production stoppage comes a week before an alreadscheduled one-week summer break for the entire plang starting June 29, a Local 249 spokeswoma said. The plant also is scheduled for a summer break durinb the weekof Aug. 17. Sales of Ford F-series trucka were 33,381 in May, up 16 percent from 28,7587 in April but down 22.3 percen t from 42,973 in May 2008. UAW Local 249 said the slighy increasein month-to-month sales enabled Ford (NYSE: F) to cancel the scheduled down week on June 22 at its F-15 0 truck plant in Mich.
, but the down week was left intact at the Kansas City Assembly Plant. “This is partially due to depleted funds forthe state’s Division of Unemploymenr in Michigan, making down weeks at less of an the Local 249 said in the newsletter. Loca l 249 added that sales projections continuw to be less than the five shifts at the two truckj plants can produce if they work full time throughj the 2010production year. Ford runs two shiftss at Claycomo and threein Dearborn.
Wyse said Ford is consideringb once again moving a shift fromthe F-150 side of the Kansasw City Assembly Plant and putting them to work on the SUV However, nothing has been determined so far, he A year ago, Ford moves about 800 workers from a second shifrt on the F-150 side of the Kansas City plant to a third shift on the SUV The employees were moved back to the F-15p0 side on Jan. 12. Ford Escape sales in May reaches 16,391, up 20.6 percent from 13,595 in April but down 7.2 percenr from 17,667 in May 2008.
The Kansas City Assembluy Plant also produces the Mercury Mariner and hybrix versions of the Ford Escape and Mercury Combined sales of hybrid versions of the Ford Mercury Milan, Ford Escape and Mercury Marinef reached 3,906 in May, a new company The old sales record of 3,4209 hybrid vehicles was set in April 2006. As of May, Ford’ds Kansas City Assembly Plant in Claycomp hadabout 3,900 hourly and 200 salaried
Saturday, September 17, 2011
N.J. job losses slowed in June - Philadelphia Business Journal:
igoeosysata1533.blogspot.com
New Jersey’s job couny fell by 2,100 to 3,931,200, and the state’sd unemployment rate edged up by 0.4 percentage point to 9.2 The national rate is 9.5 percent. In five of the state’s 10 privatd industry sectors lost jobs, four added jobs and one remainedx unchanged. “Job losses in New Jersey were less severe in June than in any montbh since the nationalrecession began,” New Jerse Labor Commissioner David J. Socolow said.
“Thwe job losses were moderated by significant employment gains inthe ‘othedr services’ sector, driven mainly by increased hiring at grant-makingt and nonprofit organizations creating jobs as a resultg of state and federal recoveryt efforts.” The largest over-the-month job losses were in leisurre and hospitality (2,600), professional and busines services (2,300), and financial activities The other services sectorsx gained 3,700 jobs, largelyt because of higher payrolls at employers such as grant-making organizations and industr y associations. Education and health services gained 1,20o0 jobs and transportation, trade and utilities gainef 900 jobs.
New Jersey’s job couny fell by 2,100 to 3,931,200, and the state’sd unemployment rate edged up by 0.4 percentage point to 9.2 The national rate is 9.5 percent. In five of the state’s 10 privatd industry sectors lost jobs, four added jobs and one remainedx unchanged. “Job losses in New Jersey were less severe in June than in any montbh since the nationalrecession began,” New Jerse Labor Commissioner David J. Socolow said.
“Thwe job losses were moderated by significant employment gains inthe ‘othedr services’ sector, driven mainly by increased hiring at grant-makingt and nonprofit organizations creating jobs as a resultg of state and federal recoveryt efforts.” The largest over-the-month job losses were in leisurre and hospitality (2,600), professional and busines services (2,300), and financial activities The other services sectorsx gained 3,700 jobs, largelyt because of higher payrolls at employers such as grant-making organizations and industr y associations. Education and health services gained 1,20o0 jobs and transportation, trade and utilities gainef 900 jobs.
Wednesday, September 14, 2011
Week in review - South Florida Business Journal:
laxykeha.wordpress.com
In February, Insurance Commissioner Kevin McCarty approvesda 6.4 percent increase in workers’ compensation ratex in response to the state high court’d October ruling. Wednesday’s announcement follows Gov. Charlie Crist’s signing of a bill last week that caps feesin workers’ comp The bill essentially undid the court’s ruling in Emma Murragy v. , which would have allowed attorneys whohandle workers’ compensation casesd to collect more money. Under the new law, attorneyxs will be paid based on a set fee The rollback will save employersabout $172 million in insurancer costs, according to It effectively restores the 18.
6 percentr rate decrease that took effect Jan. 1, with a projected savingsx of $610 million for Floridz employers. After a rounx of cost cutting by a new management the parent corporation of hasregaineed profitability. BRCH Corp. earned $8,434 on revenues of $96 million in its fiscal third quarter endedMarch 31, improved from a $20.i million loss on revenue of $92.5 millio n for the same period of 2008, according to the nonprofit’s report to its The hospital’s board hired Jerry Fedele as CEO in October as his employer, Tenn.-based FTI Healthcare, worked on a consultinyg deal with the hospital to improves its operations.
Fedele immediately embarked on an expense reductiohn plan that included laying off 38 employeess andrenegotiating contracts. For its next step to reduce costs, the hospital’s executives are negotiating for more favorablee contracts with managed care plans and its oncology and infusionh therapyphysician group. Former Palm Beachg County Commissioner Mary McCarty will be spendint the next three and a half yearszbehind bars. McCarty, 54, was sentenced to prisohn in West Palm Beach federalk court and immediately takeninto custody. In March, McCarty pleadedc guilty to mail and wirefraud conspiracy.
She admittede in her plea to misusingy her position to personally enrich herself, her husband and their associates througjh a series of municipal bond transactions and throughh her receipt of gifts and gratuitiea from entities and people doingf business before the commission. She failed to reveal her financiao interests while advocating for numerous mattersz beforethe commission, and failed to file or filed incompletd or false disclosure reports to conceal her true financial interests from the Calder Race Course is getting into the gaming derby by breaking groun on an $85 million, 104,000-square-foogt casino with 1,225 slot The slot machine operations are expected to creatw 250 to 300 jobs at Calder, which is just soutj of the Miami-Dade/Broward countu line near Land Shark Stadium, home to the .
The Calder complex also will include three Track owner ChurchillDowns (NASDAQ: hopes to have the complex completed by early 2010, in time for the Supetr Bowl and Pro Bowl at Land Shark Stadium. , a privately held asset-tracking has moved its headquarters from Fort Lauderdalew to the technology incubator at in Boca The move should help the company leverage the expertise of nearbhy business development professionals withtechnology experience, co-owner and President Stevej Muntean said. BlackBox has nine employeea in Boca Raton and five more inBuenoas Aires, Argentina. The company hopesa to have 25 employeesby 2010, Muntean said.
BlackBox was a unit of Sunrise-baseds that Muntean and partnerd bought ayear ago, he said. BlackBox is one of 13 young companiexs currently at thetechnology incubator, EDC Executive Director Jane Teagued said. Floridians are spending, on average, $427 a year in hiddenn “swipe fees” every time they charge a purchase on theircredif card. It’s a figure a group of smalol business owners say credit cardcompanies don’t want but one that consumerd need to know. Credit card companies say the fees are simpl the cost ofdoing business.
Recently, tax officezs in Marion, Walton, Osceola and Brevard counties said they will no longer accept because therew was no room in their budget s to absorb the swipe fee The coalition noted thatbusinesses can’tt afford to say no to credit card purchases. The group s are pushing for legislation that woulcd either require credit card companies to reveal swipe fees or allow merchants to negotiate those thus leveling theplaying field. Bankrupt luxurgy homebuilder filed a plan of reorganizationn in federal bankruptcy court for itselft and about 130 of its wholl yowned subsidiaries.
Under the senior secured lenders will receive new firsy lien debt in the amountof $450 which includes a $150 milliohn payment-in-kind component and an initial 95 perceny equity stake in the reorganized company, WCI said in a news The remaining 5 percenrt would be shared by the company’es unsecured creditors, which would begin to increasre when the new debt is fully retired. Interinm CEO David L. Fry said WCI’s goal is to emergde from Chapter 11 by thethird quarter. He said the Sarasota-basedf company will continue to complete homes alreadyundedr construction, but has suspended all new home constructionb activity in Florida.
In February, Insurance Commissioner Kevin McCarty approvesda 6.4 percent increase in workers’ compensation ratex in response to the state high court’d October ruling. Wednesday’s announcement follows Gov. Charlie Crist’s signing of a bill last week that caps feesin workers’ comp The bill essentially undid the court’s ruling in Emma Murragy v. , which would have allowed attorneys whohandle workers’ compensation casesd to collect more money. Under the new law, attorneyxs will be paid based on a set fee The rollback will save employersabout $172 million in insurancer costs, according to It effectively restores the 18.
6 percentr rate decrease that took effect Jan. 1, with a projected savingsx of $610 million for Floridz employers. After a rounx of cost cutting by a new management the parent corporation of hasregaineed profitability. BRCH Corp. earned $8,434 on revenues of $96 million in its fiscal third quarter endedMarch 31, improved from a $20.i million loss on revenue of $92.5 millio n for the same period of 2008, according to the nonprofit’s report to its The hospital’s board hired Jerry Fedele as CEO in October as his employer, Tenn.-based FTI Healthcare, worked on a consultinyg deal with the hospital to improves its operations.
Fedele immediately embarked on an expense reductiohn plan that included laying off 38 employeess andrenegotiating contracts. For its next step to reduce costs, the hospital’s executives are negotiating for more favorablee contracts with managed care plans and its oncology and infusionh therapyphysician group. Former Palm Beachg County Commissioner Mary McCarty will be spendint the next three and a half yearszbehind bars. McCarty, 54, was sentenced to prisohn in West Palm Beach federalk court and immediately takeninto custody. In March, McCarty pleadedc guilty to mail and wirefraud conspiracy.
She admittede in her plea to misusingy her position to personally enrich herself, her husband and their associates througjh a series of municipal bond transactions and throughh her receipt of gifts and gratuitiea from entities and people doingf business before the commission. She failed to reveal her financiao interests while advocating for numerous mattersz beforethe commission, and failed to file or filed incompletd or false disclosure reports to conceal her true financial interests from the Calder Race Course is getting into the gaming derby by breaking groun on an $85 million, 104,000-square-foogt casino with 1,225 slot The slot machine operations are expected to creatw 250 to 300 jobs at Calder, which is just soutj of the Miami-Dade/Broward countu line near Land Shark Stadium, home to the .
The Calder complex also will include three Track owner ChurchillDowns (NASDAQ: hopes to have the complex completed by early 2010, in time for the Supetr Bowl and Pro Bowl at Land Shark Stadium. , a privately held asset-tracking has moved its headquarters from Fort Lauderdalew to the technology incubator at in Boca The move should help the company leverage the expertise of nearbhy business development professionals withtechnology experience, co-owner and President Stevej Muntean said. BlackBox has nine employeea in Boca Raton and five more inBuenoas Aires, Argentina. The company hopesa to have 25 employeesby 2010, Muntean said.
BlackBox was a unit of Sunrise-baseds that Muntean and partnerd bought ayear ago, he said. BlackBox is one of 13 young companiexs currently at thetechnology incubator, EDC Executive Director Jane Teagued said. Floridians are spending, on average, $427 a year in hiddenn “swipe fees” every time they charge a purchase on theircredif card. It’s a figure a group of smalol business owners say credit cardcompanies don’t want but one that consumerd need to know. Credit card companies say the fees are simpl the cost ofdoing business.
Recently, tax officezs in Marion, Walton, Osceola and Brevard counties said they will no longer accept because therew was no room in their budget s to absorb the swipe fee The coalition noted thatbusinesses can’tt afford to say no to credit card purchases. The group s are pushing for legislation that woulcd either require credit card companies to reveal swipe fees or allow merchants to negotiate those thus leveling theplaying field. Bankrupt luxurgy homebuilder filed a plan of reorganizationn in federal bankruptcy court for itselft and about 130 of its wholl yowned subsidiaries.
Under the senior secured lenders will receive new firsy lien debt in the amountof $450 which includes a $150 milliohn payment-in-kind component and an initial 95 perceny equity stake in the reorganized company, WCI said in a news The remaining 5 percenrt would be shared by the company’es unsecured creditors, which would begin to increasre when the new debt is fully retired. Interinm CEO David L. Fry said WCI’s goal is to emergde from Chapter 11 by thethird quarter. He said the Sarasota-basedf company will continue to complete homes alreadyundedr construction, but has suspended all new home constructionb activity in Florida.
Monday, September 12, 2011
Missouri jobless rate resumes climb in May - Birmingham Business Journal:
ucenyt.wordpress.com
The state’s seasonally adjusted unemployment rate increased to 9 percentin May, up from 8.1 percentg in April. April’s 0.6 point decrease in unemployment nowappears anomalous, with the May increase part of an upward trend datinbg back to mid-2008, state officials Approximately 272,000 Missourians were estimated to have been joblesz during the month of May. Nonfarkm payroll employment decreasedby 3,700 jobs in May, markingh the smallest monthly decrease since employmentt began to drop sharply last November. Job losses were concentrated in manufacturing andconstruction (-1,600), which were partly offset by gains in healtj care and social assistance and local government (900).
Over the past year, employmeny dropped by 74,300 or 2.7 percent. The main exceptions to the downward trensd over the year have been private educationaplservices (2,500), health care and social assistance federal government (2,700) and local government (3,300). The nationa l unemployment rate in Maywas 9.4 Nonfarm payroll employment in May was down in St. Louiz by 4,100, led by automobiles industry layoffs and a cutbaci of federal employees following the end ofsome pre-20190 Census activities.
The state’s seasonally adjusted unemployment rate increased to 9 percentin May, up from 8.1 percentg in April. April’s 0.6 point decrease in unemployment nowappears anomalous, with the May increase part of an upward trend datinbg back to mid-2008, state officials Approximately 272,000 Missourians were estimated to have been joblesz during the month of May. Nonfarkm payroll employment decreasedby 3,700 jobs in May, markingh the smallest monthly decrease since employmentt began to drop sharply last November. Job losses were concentrated in manufacturing andconstruction (-1,600), which were partly offset by gains in healtj care and social assistance and local government (900).
Over the past year, employmeny dropped by 74,300 or 2.7 percent. The main exceptions to the downward trensd over the year have been private educationaplservices (2,500), health care and social assistance federal government (2,700) and local government (3,300). The nationa l unemployment rate in Maywas 9.4 Nonfarm payroll employment in May was down in St. Louiz by 4,100, led by automobiles industry layoffs and a cutbaci of federal employees following the end ofsome pre-20190 Census activities.
Saturday, September 10, 2011
Key players tackle critical issues - Portland Business Journal:
esivyjifag.wordpress.com
While some believe that Adams kept campaigningt after his 2004election -- he's an odds-onh favorite to win the mayoral spot outrightt in this spring's primary -- Cogenh seems to be seeking more subtle But on a commission doggef by controversy and with two lame-duck board members, his influence coulsd be significant. For the 300 employees of , all eyes will be on Brucer Colemanin 2008. As the interimm CEO of the Portland Webanalyticxs firm, he's been charged with turning the company arounx -- and quickly.
His stint is expecterd to last only six tonine months, after whicy a permanent CEO will be nameds or the company will perhaps be put up for WebTrends owner Francisco Partners brought Coleman into the fold in Novembet after abruptly ousting CEO Greg Drew and three othetr top executives. The San Francisco-based private equitt firm bought the company in 2005for $94 million. Privately held WebTrends has annual revenueof $80 million, but has been losingg market share to rivals. Coleman is expectef to turn that around, a task he's quite familiar with. He's made a careere of being an interim CEO, workinh at 15 companies in the past 18 beforejoining WebTrends.
In his first weeks on the job, Colemanb cut 40 accounting andmarketing jobs. He'e also been meeting with WebTrends employees and delving intocompany It's part of his effort to refocud WebTrends on its products, marketzs and business processes. Nautilus Inc. Roberf Falcone could achieve more next year than any member ofthis year' list. Then again, he coulxd be the biggest bust. Nautilus shareholders voted Tuesdayy on a proposal to give control ofthe Vancouver-based fitness equipment company to the activist group .
Sherborne subsequentlh claimed victory, but Falcone said it's too close to If Sherborne wins, Falcone is out as CEO, even thoughu he'll retain a seat on the board. If shareholders ultimately side with Falcone will be faced with the daunting challenge of rebuilding Wall Street's faith in the struggling company. Nautilue shares traded for morethan $20 two year ago, but crashed in the wake of slow sales, fallingf to around $6 recently after the compan recorded a $13.4 million loss in the thirx quarter.
Falcone, who took the CEO job in has made several moves to improvethe company' performance, including laying off 9 percent of work force and cutting expenses by more than $10 millio annually. He's also implemented an inventory reduction plan that shouldpump $20 millio n into the company's coffer s and put the company's Pearl Izumi fitness apparel business on the Official results of the proxy vote won't be knownm for at least two weeks. Oregon's burgeoning green economy couldreach $2.
5 billion within the next 20 years, and the statr is in position to become a leader in clean First, the various projects in the works are going to need seriouas cash infusion to get off the Many will be clamoring for fundzs from Nancy Floyd. Floyd is founder and managingg director ofSan Francisco-base Nth Power, a VC firm that managew over $425 million and has invested in 45 energy companies sinc its founding in the mid-'90s. Nth Poweer was one of the earliest firms investing in the alternativeenergyy sector. Investor interest in clean energhy and other sustainability business spurred a new angelkinvestment group, the Oregon Sustainability Angels Network, and fund earliedr this year.
Floyd, alongv with Dave Chen, have alreadyy said they'll be involved with the as yet unnamed which they hope will growto $1 million to inves t in three companies, with some left over for follow-onh investments.
While some believe that Adams kept campaigningt after his 2004election -- he's an odds-onh favorite to win the mayoral spot outrightt in this spring's primary -- Cogenh seems to be seeking more subtle But on a commission doggef by controversy and with two lame-duck board members, his influence coulsd be significant. For the 300 employees of , all eyes will be on Brucer Colemanin 2008. As the interimm CEO of the Portland Webanalyticxs firm, he's been charged with turning the company arounx -- and quickly.
His stint is expecterd to last only six tonine months, after whicy a permanent CEO will be nameds or the company will perhaps be put up for WebTrends owner Francisco Partners brought Coleman into the fold in Novembet after abruptly ousting CEO Greg Drew and three othetr top executives. The San Francisco-based private equitt firm bought the company in 2005for $94 million. Privately held WebTrends has annual revenueof $80 million, but has been losingg market share to rivals. Coleman is expectef to turn that around, a task he's quite familiar with. He's made a careere of being an interim CEO, workinh at 15 companies in the past 18 beforejoining WebTrends.
In his first weeks on the job, Colemanb cut 40 accounting andmarketing jobs. He'e also been meeting with WebTrends employees and delving intocompany It's part of his effort to refocud WebTrends on its products, marketzs and business processes. Nautilus Inc. Roberf Falcone could achieve more next year than any member ofthis year' list. Then again, he coulxd be the biggest bust. Nautilus shareholders voted Tuesdayy on a proposal to give control ofthe Vancouver-based fitness equipment company to the activist group .
Sherborne subsequentlh claimed victory, but Falcone said it's too close to If Sherborne wins, Falcone is out as CEO, even thoughu he'll retain a seat on the board. If shareholders ultimately side with Falcone will be faced with the daunting challenge of rebuilding Wall Street's faith in the struggling company. Nautilue shares traded for morethan $20 two year ago, but crashed in the wake of slow sales, fallingf to around $6 recently after the compan recorded a $13.4 million loss in the thirx quarter.
Falcone, who took the CEO job in has made several moves to improvethe company' performance, including laying off 9 percent of work force and cutting expenses by more than $10 millio annually. He's also implemented an inventory reduction plan that shouldpump $20 millio n into the company's coffer s and put the company's Pearl Izumi fitness apparel business on the Official results of the proxy vote won't be knownm for at least two weeks. Oregon's burgeoning green economy couldreach $2.
5 billion within the next 20 years, and the statr is in position to become a leader in clean First, the various projects in the works are going to need seriouas cash infusion to get off the Many will be clamoring for fundzs from Nancy Floyd. Floyd is founder and managingg director ofSan Francisco-base Nth Power, a VC firm that managew over $425 million and has invested in 45 energy companies sinc its founding in the mid-'90s. Nth Poweer was one of the earliest firms investing in the alternativeenergyy sector. Investor interest in clean energhy and other sustainability business spurred a new angelkinvestment group, the Oregon Sustainability Angels Network, and fund earliedr this year.
Floyd, alongv with Dave Chen, have alreadyy said they'll be involved with the as yet unnamed which they hope will growto $1 million to inves t in three companies, with some left over for follow-onh investments.
Thursday, September 8, 2011
Sunscreen, dogs figure in Baltimore newspaper
vuwodu.wordpress.com
That’s the advice the Baltimore Sun offers its readerds in an online travel piec Mondayoffering “tips for a successful Denver family vacation.” “They don’t call it the ‘Mile High for nothing! If you’re from lower take it easy your first few days,” and drink lots of the newspaper advises. The city gets “mored than 300 sunny days a year,” the Sun so visitors should bring sunscreen, lotion and lip “Denverites love their dogs — and your pet will feel righ athome here,” the piece adds.
“There are plenty of pet-friendlgy hotels and places for Fidoto And, “Many Denver attractions offer discount pricing if you purchase ticketxs online or at King Soopers, a loca l grocery chain,” the Sun says. Among the Denvee attractions mentioned in writerJanna Graber’s , Jefferson County Open Space and the “stunninb Rocky Mountains.” .
That’s the advice the Baltimore Sun offers its readerds in an online travel piec Mondayoffering “tips for a successful Denver family vacation.” “They don’t call it the ‘Mile High for nothing! If you’re from lower take it easy your first few days,” and drink lots of the newspaper advises. The city gets “mored than 300 sunny days a year,” the Sun so visitors should bring sunscreen, lotion and lip “Denverites love their dogs — and your pet will feel righ athome here,” the piece adds.
“There are plenty of pet-friendlgy hotels and places for Fidoto And, “Many Denver attractions offer discount pricing if you purchase ticketxs online or at King Soopers, a loca l grocery chain,” the Sun says. Among the Denvee attractions mentioned in writerJanna Graber’s , Jefferson County Open Space and the “stunninb Rocky Mountains.” .
Tuesday, September 6, 2011
Saturday, September 3, 2011
Kentucky farm revenue rises between 2002 and 2007 - Business First of Louisville:
exceeding-commissioner.blogspot.com
Average per-farm revenue in 2007 was $56,586, the said in a news According tocensus data, overall farm salex increased despite declining tobacco revenue. Saled of tobacco, once Kentucky’s king declined 22 percent between 2002and 2007. The number of tobacco farms during that period declinex72 percent, to 8.113, and acres of tobaccp harvested declined 21 percent. The department pointed out that a federao tobacco quota and pricew support system were ended followinyg the 2004growing season. Without the government subsidies, some farmers exited farminvg and others began growingother crops, raising livestocik or entering the agritourism business.
The stats has helped support farmers in their diversification efforts with millionds of dollarsin grants. “That shows that Kentucky’a investments in agricultural diversificationare working,” Kentucky agriculture commissioner Richier Farmer said in the release of the overal l increase in agricultural revenue. According to the census, 89 percent of Kentucky’sz 85,260 farms in 2007 were run by individualor families. The average size of farms increasedr to 164 acres from 160 acrexsin 2002. The full report can be viewedat .
Average per-farm revenue in 2007 was $56,586, the said in a news According tocensus data, overall farm salex increased despite declining tobacco revenue. Saled of tobacco, once Kentucky’s king declined 22 percent between 2002and 2007. The number of tobacco farms during that period declinex72 percent, to 8.113, and acres of tobaccp harvested declined 21 percent. The department pointed out that a federao tobacco quota and pricew support system were ended followinyg the 2004growing season. Without the government subsidies, some farmers exited farminvg and others began growingother crops, raising livestocik or entering the agritourism business.
The stats has helped support farmers in their diversification efforts with millionds of dollarsin grants. “That shows that Kentucky’a investments in agricultural diversificationare working,” Kentucky agriculture commissioner Richier Farmer said in the release of the overal l increase in agricultural revenue. According to the census, 89 percent of Kentucky’sz 85,260 farms in 2007 were run by individualor families. The average size of farms increasedr to 164 acres from 160 acrexsin 2002. The full report can be viewedat .
Thursday, September 1, 2011
C.C. Myers clan branches out with new consulting venture - Portland Business Journal:
cicugaha.wordpress.com
Co-owners Janelle and Clinyt Myers are now working onthe company’s first projectx since formally launching in September 2008. The company is acting as an environmentao consultant tothe $324 million Lincoln highwauy bypass project and it has contractzs with the Nevada Irrigation District in Grass The self-funded, woman-owned Sacramento business is focused mainly on publi c works jobs. In addition to project managementand consulting, MCS provides storm waterr management and engineering services.
MCS executive vice president Clinft Myers said what sets MCS apart from traditional consultinbg companies isthe principals’ experience in the construction Not a lot of consultantzs have such an expertise, he said. “We’re hopin that we can fill that he added. MCS has $100,000 in backlogb work. The company expects to be profitablse in the first quarterof 2010. Myers said MCS can help companiew that once framedhouses — work that has dried up in the regionn and across the country explore other opportunities, such as publi c contracts. The state wants to builxd more highwayrest areas, for he said.
Janelle experience in the industry dates back to 1990 when she helpeed starta woman-owned highway construction company focused on building barrier railsa in California, Nevada and New Mexico. She was on the boarxd of directors until the company was sold toRancho Cordova-basedc , her husband’s firm, in 2006. Cliny Myers worked as an engineer and projecyt managerfor C.C. Myers befores going back to schoopl fora master’s degree in real estatwe development at the . After receiving his the younger Myersran Today, C.C. Myers’ homebuilding companied — Myers Homes Inc.
, Myers Homes of Californi LLC (licensed in Nevada) and several subsidiaries — are estimated to be worth nothing due to the depressed housing market. C.C. Myers majority owned by its employees, is a creditotr in the Chapter 7 personal bankruptct filedby C.C. Myers last In these tough economic Clint Myers said MCS plans to help companiexs and government agencies find creativer ways toremove “fat” from thei r budgets and, on the environmental side, come up with “solutionsw that are more economically friendly while still preservingg the quality habitat that California has come to When the economy was strong, a developer looking to get a projec approved might, for example, buy expensive mitigationm credits to destroy a wetland on a project site in ordedr to speed it up.
But Myers said MCS coulf help such a developer find a lessexpensivee alternative, such as keeping the wetland and workinfg with the city to increase the lot MCS will compete for environmental consultin jobs with companies such as , a Sacramento-based subsidiarhy of The company declined to comment on the new MCS’ Web site went live last week, and it has Facebooj and LinkedIn profiles, Clint Myers “The people you have to appealk to for construction contracts are getting younger and younger,” he said. “We’rwe trying to find different ways to connecrt tothose people.” For now, the companyt has two employees, and a wildlife biologist on contract.
MCS plansx to hire a business developmenyt manager for marketing andpreparintg proposals. When it comes to business MCS will tap people who are retiredor semi-retired from the “With the family beinv in the construction industry for so long, there are a varietyg of people that we’ve known over the yeard who are now retired who are lookiny for something to do,” Clint Myerss said. “Our experience, combined with people we’re able to bringb in, can give us the ability to do somefairlty high-end consulting for businesses wanting to grow or Consultants also can assist companies transitioning from one generatio to the next.
Co-owners Janelle and Clinyt Myers are now working onthe company’s first projectx since formally launching in September 2008. The company is acting as an environmentao consultant tothe $324 million Lincoln highwauy bypass project and it has contractzs with the Nevada Irrigation District in Grass The self-funded, woman-owned Sacramento business is focused mainly on publi c works jobs. In addition to project managementand consulting, MCS provides storm waterr management and engineering services.
MCS executive vice president Clinft Myers said what sets MCS apart from traditional consultinbg companies isthe principals’ experience in the construction Not a lot of consultantzs have such an expertise, he said. “We’re hopin that we can fill that he added. MCS has $100,000 in backlogb work. The company expects to be profitablse in the first quarterof 2010. Myers said MCS can help companiew that once framedhouses — work that has dried up in the regionn and across the country explore other opportunities, such as publi c contracts. The state wants to builxd more highwayrest areas, for he said.
Janelle experience in the industry dates back to 1990 when she helpeed starta woman-owned highway construction company focused on building barrier railsa in California, Nevada and New Mexico. She was on the boarxd of directors until the company was sold toRancho Cordova-basedc , her husband’s firm, in 2006. Cliny Myers worked as an engineer and projecyt managerfor C.C. Myers befores going back to schoopl fora master’s degree in real estatwe development at the . After receiving his the younger Myersran Today, C.C. Myers’ homebuilding companied — Myers Homes Inc.
, Myers Homes of Californi LLC (licensed in Nevada) and several subsidiaries — are estimated to be worth nothing due to the depressed housing market. C.C. Myers majority owned by its employees, is a creditotr in the Chapter 7 personal bankruptct filedby C.C. Myers last In these tough economic Clint Myers said MCS plans to help companiexs and government agencies find creativer ways toremove “fat” from thei r budgets and, on the environmental side, come up with “solutionsw that are more economically friendly while still preservingg the quality habitat that California has come to When the economy was strong, a developer looking to get a projec approved might, for example, buy expensive mitigationm credits to destroy a wetland on a project site in ordedr to speed it up.
But Myers said MCS coulf help such a developer find a lessexpensivee alternative, such as keeping the wetland and workinfg with the city to increase the lot MCS will compete for environmental consultin jobs with companies such as , a Sacramento-based subsidiarhy of The company declined to comment on the new MCS’ Web site went live last week, and it has Facebooj and LinkedIn profiles, Clint Myers “The people you have to appealk to for construction contracts are getting younger and younger,” he said. “We’rwe trying to find different ways to connecrt tothose people.” For now, the companyt has two employees, and a wildlife biologist on contract.
MCS plansx to hire a business developmenyt manager for marketing andpreparintg proposals. When it comes to business MCS will tap people who are retiredor semi-retired from the “With the family beinv in the construction industry for so long, there are a varietyg of people that we’ve known over the yeard who are now retired who are lookiny for something to do,” Clint Myerss said. “Our experience, combined with people we’re able to bringb in, can give us the ability to do somefairlty high-end consulting for businesses wanting to grow or Consultants also can assist companies transitioning from one generatio to the next.
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