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The Spartanburg, S.C.-based compang has 14 hotels in Florida, sevenn of them in Jacksonville, according to its Web It filed its Chapter 11 petition Monday in the Southerh District ofNew York. According to the filing, Extendedr Stay had about $7.1 billion in assets and $7.6 billionb in liabilities at the endof 2008. N.J.-based bought Extended Stay from in 2007for $8 The deal was highly making Extended Stay especiall y vulnerable to a market according to The Wall Street Journal . Creditors that hold debt from the buyouty include and its MerrillLynch & Co.
as well as , which is owned by San-Francisco-baserd (NYSE: WFC), the newspaper Extended Stay bills itself as the largest operatotrof mid-priced extended-stay hotels in the nation. “Since the typica l Extended Stay customer seeks a lengthy stay baser oncommercial relocation, the contraction of construction and new business developmentr began to significantly and adversely affect Extended Stay’zs revenue stream,” the filing states. The company said its average revenue per room dropped about 23 percent in the first five months of the year compares with the same periodof 2008.
As a it was unable to deal with its debt burden with cash flow and is seekin ga “comprehensive restructuring of the entire capital Extended Stay said it plans to continue operating under a lender-approved arrangement using cash collateral. Debtor-in-possession financing won’ft be needed, the company says.
martes, 14 de febrero de 2012
domingo, 12 de febrero de 2012
Solar Array, Gen. Mills detail expansions - The Business Journal of Milwaukee:
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broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacilit here, Keith Bone, general manager of the local facility, told memberse of . AED held its quarterlt meeting Thursdayat . Joe Hudgins, president and CEO of Solat Array Ventures, outlined his company’s plan to build a massiver solar manufacturing plant onthe city’sz Westside. General Mills’ expansion shoulc be completedby November, Bone The cereal manufacturer will hire 60 additional bringing additional payroll to the area of $3.5 million.
The expansionb also brings $30 million in spending to New The Albuquerque City Council approvedda $100 million industrial revenue bond deal for the companuy in February. BE&K Corp. from North Carolina landed the design/build contract to builrd the expansion, but Bone said 80 percent of the firm’s spending and employees will be The precast panels being used in the constructiohn are manufacturedin Belen. General Mills has been in Albuquerquesincer 1991.
Its current facility is located near Paseio del Norte and Edith and has190 employees, with an annual payroll of $12 million, said The 275,000-square-foot plant produces about 135 millioj pounds annually of 35 different The facility also has a lab on-site where the instructions for baking General Mills products at high altitudes are The company has givenh about $5 million to area nonprofits since 1998 and $519,00o0 in scholarships, Bone Don Power, chairman of AED, said the cereal company’d donations illustrate one of the things the organization looks for in recruitintg companies: community involvement.
Hudgins said Solar Array plans to break groundr by the third quarter of this year ona 225,000-square-footy thin-film photovoltaic manufacturing plant in the Cordero Mesa businesws park, west of the mattress The company plans to add three more buildings of that size as it he said, with each facility employing about 225. Its annual payrolol in the first phase wouldbe $14 About five percent of the jobs woulr pay $100,000, 45 percent would pay $70,000 and half of the jobs would pay The capital investment for the firsyt phase will be $170 million and the company woul d spend $40 million annually for raw The first phase is expected to have a capacityh of 75 megawatts, but that would grow to 300 mw with the full The plant also will have a space that will serve as a community and educational center.
Solat Array is seeking $175 millionb in industrial revenue bondse fromBernalillo County. The company is working to raise $210 millionn in debt and equity, Hudginsa said. Hudgins said New Mexico beat out two othedr states forthe plant, despite the fact that it did not offed the largest incentives. But the coordination among locakl and state government officials and otherr parties made New Mexico far more efficient in establishing a planning frameworki that the company could then use to plan a budgeyt forthe plant, he said “That was a major issue for us,” Hudgins said.
He also praised the labo r force here and the educational The facility is being designerd byPageSoutherlandPage LLP, whicg has Texas offices in Austin, Dallaes and Houston, as well as Washington, D.C. and London, U.K. Hoffman based in Portland, Ore., is building the
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacilit here, Keith Bone, general manager of the local facility, told memberse of . AED held its quarterlt meeting Thursdayat . Joe Hudgins, president and CEO of Solat Array Ventures, outlined his company’s plan to build a massiver solar manufacturing plant onthe city’sz Westside. General Mills’ expansion shoulc be completedby November, Bone The cereal manufacturer will hire 60 additional bringing additional payroll to the area of $3.5 million.
The expansionb also brings $30 million in spending to New The Albuquerque City Council approvedda $100 million industrial revenue bond deal for the companuy in February. BE&K Corp. from North Carolina landed the design/build contract to builrd the expansion, but Bone said 80 percent of the firm’s spending and employees will be The precast panels being used in the constructiohn are manufacturedin Belen. General Mills has been in Albuquerquesincer 1991.
Its current facility is located near Paseio del Norte and Edith and has190 employees, with an annual payroll of $12 million, said The 275,000-square-foot plant produces about 135 millioj pounds annually of 35 different The facility also has a lab on-site where the instructions for baking General Mills products at high altitudes are The company has givenh about $5 million to area nonprofits since 1998 and $519,00o0 in scholarships, Bone Don Power, chairman of AED, said the cereal company’d donations illustrate one of the things the organization looks for in recruitintg companies: community involvement.
Hudgins said Solar Array plans to break groundr by the third quarter of this year ona 225,000-square-footy thin-film photovoltaic manufacturing plant in the Cordero Mesa businesws park, west of the mattress The company plans to add three more buildings of that size as it he said, with each facility employing about 225. Its annual payrolol in the first phase wouldbe $14 About five percent of the jobs woulr pay $100,000, 45 percent would pay $70,000 and half of the jobs would pay The capital investment for the firsyt phase will be $170 million and the company woul d spend $40 million annually for raw The first phase is expected to have a capacityh of 75 megawatts, but that would grow to 300 mw with the full The plant also will have a space that will serve as a community and educational center.
Solat Array is seeking $175 millionb in industrial revenue bondse fromBernalillo County. The company is working to raise $210 millionn in debt and equity, Hudginsa said. Hudgins said New Mexico beat out two othedr states forthe plant, despite the fact that it did not offed the largest incentives. But the coordination among locakl and state government officials and otherr parties made New Mexico far more efficient in establishing a planning frameworki that the company could then use to plan a budgeyt forthe plant, he said “That was a major issue for us,” Hudgins said.
He also praised the labo r force here and the educational The facility is being designerd byPageSoutherlandPage LLP, whicg has Texas offices in Austin, Dallaes and Houston, as well as Washington, D.C. and London, U.K. Hoffman based in Portland, Ore., is building the
viernes, 10 de febrero de 2012
Retailers sign up to help consumers spend more to save more - Sacramento Business Journal:
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Two utilities, the and , have teamex up to create a programm that promotes retail sales of themost energy-efficien televisions, desktop computers and monitors. Four retailerse — , , and have signed up to and they’ll be rewarded Under the program, the retailers affix labele developed by SMUDand PG&E to electronics selected by the utilitiexs for exceptionally low energy usage. Every time a storw sells one ofthose products, it gets paid by the local utility: $20 per TV, $8.35 per computet and $7.50 per monitor.
The labels display the locap utility’s name, the ’s Energy Star labek and the words for equipment that meets the highesty EnergyStar rating, or “SAVE for equipment that exceeds Energy Star standards. This PG&E plans to spend $7 milliomn on the program and SMUD hasbudgeted $1.3 million. They hope to expancd the program to include video game consoles and other electronic devices. They’re also hoping to bring in more utilities. The two have been talkinhg withthe , said Ed SMUD’s supervisor for energy efficiency and loan programs. NEEA is a nonprofitf funded by utilitiesin Idaho, Montana, Oregon and Washington.
The Business and Consumer Electronics program evolved from market studiez the utilities conducted to figure out whystores weren’t stocking more energy-efficient products, PG&s spokeswoman Katie Romans said. Retailers said they couldn’tf sell the more expensive devices. And consumers in focu groups said they thought all electronics had the sameenerguy efficiency, she said. The Woodland Gateway Shoppinhg Center unveiled an electricv vehicle charging facility last week that can accommodatre any kind of electric car youcan buy, plus some you The charging facility is in a parkiny lot at the shopping center, which is southeast of the County Road 102 exit from Interstates 5.
It includes the first public chargingg station in Woodland for theTesla Roadster, made by San Carlos-baser It also has two conductive chargers, made by , that can be used for electric Ford Ranger pickups; two standard household-type outlets for neighborhoord electric vehicles; and one small paddle inductive charger. The latter is used for electri c cars madeby Toyota, Nissan and General Motors, includintg the electric Toyota RAV4 sport-utility Although RAV4s are no longer on the market, there are stilo some on the road. One is driven by Eugem Dunlap, a Davis resident. Dunlap shop regularly at Woodland Gateway’s Costco, but he probably won’t use the charging station very often.
He can drivde his car from Davis to Woodlan d and back about five times on a single But he might use the charginb station if he plans to drivde from the shopping center to afarthedr location, such as Yuba City. Tesla and the big automobile manufacturers supporr the adoption of a conductivdecharging standard. The automobiler industry is studying a plug with the uninspirin gname J1772. If that’s adopted, which industry analysts say could happen as soon asthis fall, the shoppingg center, developed by in Fair would have to retrofit the charging Speaking of Woodland Gateway, the center’s new stor has installed extremely green light fixturezs developed by a business that’ funded partially by American River Ventures, a Sacramentk venture capital group.
The fixtures are called SmartPOD luminaires, and they’re made by of Menlok Park. HID stands for high-intensity a type of commercial lightinyg that has fallen out of favor as manufacturerz improve the energy efficiency of fluorescent The SmartPODs are more energy efficient than either fluorescentor high-intensity lights. They produc more light per watt and can be dimmerd and turned on and off withmotion sensors. The Pet Extremde store is HID Laboratories’ first commercial installation, said Kurt Buecheler, a managinv director at the company.
Two utilities, the and , have teamex up to create a programm that promotes retail sales of themost energy-efficien televisions, desktop computers and monitors. Four retailerse — , , and have signed up to and they’ll be rewarded Under the program, the retailers affix labele developed by SMUDand PG&E to electronics selected by the utilitiexs for exceptionally low energy usage. Every time a storw sells one ofthose products, it gets paid by the local utility: $20 per TV, $8.35 per computet and $7.50 per monitor.
The labels display the locap utility’s name, the ’s Energy Star labek and the words for equipment that meets the highesty EnergyStar rating, or “SAVE for equipment that exceeds Energy Star standards. This PG&E plans to spend $7 milliomn on the program and SMUD hasbudgeted $1.3 million. They hope to expancd the program to include video game consoles and other electronic devices. They’re also hoping to bring in more utilities. The two have been talkinhg withthe , said Ed SMUD’s supervisor for energy efficiency and loan programs. NEEA is a nonprofitf funded by utilitiesin Idaho, Montana, Oregon and Washington.
The Business and Consumer Electronics program evolved from market studiez the utilities conducted to figure out whystores weren’t stocking more energy-efficient products, PG&s spokeswoman Katie Romans said. Retailers said they couldn’tf sell the more expensive devices. And consumers in focu groups said they thought all electronics had the sameenerguy efficiency, she said. The Woodland Gateway Shoppinhg Center unveiled an electricv vehicle charging facility last week that can accommodatre any kind of electric car youcan buy, plus some you The charging facility is in a parkiny lot at the shopping center, which is southeast of the County Road 102 exit from Interstates 5.
It includes the first public chargingg station in Woodland for theTesla Roadster, made by San Carlos-baser It also has two conductive chargers, made by , that can be used for electric Ford Ranger pickups; two standard household-type outlets for neighborhoord electric vehicles; and one small paddle inductive charger. The latter is used for electri c cars madeby Toyota, Nissan and General Motors, includintg the electric Toyota RAV4 sport-utility Although RAV4s are no longer on the market, there are stilo some on the road. One is driven by Eugem Dunlap, a Davis resident. Dunlap shop regularly at Woodland Gateway’s Costco, but he probably won’t use the charging station very often.
He can drivde his car from Davis to Woodlan d and back about five times on a single But he might use the charginb station if he plans to drivde from the shopping center to afarthedr location, such as Yuba City. Tesla and the big automobile manufacturers supporr the adoption of a conductivdecharging standard. The automobiler industry is studying a plug with the uninspirin gname J1772. If that’s adopted, which industry analysts say could happen as soon asthis fall, the shoppingg center, developed by in Fair would have to retrofit the charging Speaking of Woodland Gateway, the center’s new stor has installed extremely green light fixturezs developed by a business that’ funded partially by American River Ventures, a Sacramentk venture capital group.
The fixtures are called SmartPOD luminaires, and they’re made by of Menlok Park. HID stands for high-intensity a type of commercial lightinyg that has fallen out of favor as manufacturerz improve the energy efficiency of fluorescent The SmartPODs are more energy efficient than either fluorescentor high-intensity lights. They produc more light per watt and can be dimmerd and turned on and off withmotion sensors. The Pet Extremde store is HID Laboratories’ first commercial installation, said Kurt Buecheler, a managinv director at the company.
martes, 7 de febrero de 2012
Tina Montgomery and Jennifer Hanseler
opexibu.wordpress.com
Now they deliver fish. Their Seattle company Surfin’ Seafoocd isn’t large, but it has struck a chord amongy upscale consumers willing to pay a littles morefor high-end seafood that has been flash-frozebn to stay fresh, and that is delivere d to their doors. After gradual but steady Surfin’ Seafood now has abou 1,200 customers, in an area ranging from Federalp Wayto Everett. Revenue reached $250,000 last year and continuex to grow, although the customer counyt has hita plateau.
With an eye to family life (bot h are married and have twochildremn each), Montgomery and Hanselef have carefully set boundarie so that their business can be worked around their children’s school and athletic schedules, and evenings at For instance they don’t take phonse orders, but only over the internet. And they deliveer only once monthly, driving theitr family minivans to deliver selectionas of frozen fish packed in blue plastic coolers that look like big The company has avoided debt and has only modesggrowth plans. “Really, we don’t want to be huge.
We’rw going to take it as it We have been on a very steady growth consistently from thevery beginning,” Montgomery said. “Wr don’t want to have venture capital funding to become this hugenationwider (leader) in seafood.” One of the company’s chief sellingb points is seafood that is froze quickly to keep it as freshu as possible. So-called fresh seafood often has perches on a pile of icefor hours, and in thess conditions seafood rapidly declinesa in quality.
Seafood doesn’t age well like beef and frozen seafood is not a step down from as it iswith “A lot is frozen at sea, or withinh hours of harvest, and it capturee that just-caught flavor,” said Linda Driscoll, assistang retail director for the , basec in Juneau. Surfin’ Seafoodd isn’t exactly cheap; the “mini” package costs $110 a month for aboutt eight pounds ofassorted salmon, halibut, prawns, sole and The company avoids lower-end seafood products (no fish stickx here), and allows people to substitute in their orderz by email.
One recession-era trens the company is tapping is that consumers are moving awayfrom white-tablecloth restaurants — where most high-quality seafood is eaten — to eating at home. “I just thino people are eating athome more, and they want to make it easy to have high-qualitty ingredients at home, so they can eat at home more Montgomery said. “This is a way to have restauranytquality fish, at home.” Whiled the company employs only the two partnerw and sometimes a helper, and sometimes their children, a key to making it work is the Southy Seattle seafood packer Surfin’ Seafood uses T.H.
Seafood freezers to storer its seafood, and also contracts out the cutting and packin tothe company. T.H. Seafood Sales Director Cliff Davenport said he was at firsr dubious aboutthe proposal, when the partners approachede him to supply and pack theird seafood. “It only took two weeks, but we decidedc they’re really nice people… They’re in the same mindsetf of producing a quality product and guaranteeingb it when it goes out the he said. “So we took them Davenport said that his warehouse has enough room to stores their frozen products as well astheidr coolers, adding that his own staff does the cuttinfg and packing.
“They don’t interfere with our and pretty much they have their ownlittlde space. We have enough room everyone can function without disruptingeverybodu else,” he said. As for Surfin’ Seafood, the partners say they’re just ridinh out the economic downturn. “We think this next year or two we want to be Hanseler said. “We’d love to grow, but reallyh if we could keep it steady, we’re kind of
Now they deliver fish. Their Seattle company Surfin’ Seafoocd isn’t large, but it has struck a chord amongy upscale consumers willing to pay a littles morefor high-end seafood that has been flash-frozebn to stay fresh, and that is delivere d to their doors. After gradual but steady Surfin’ Seafood now has abou 1,200 customers, in an area ranging from Federalp Wayto Everett. Revenue reached $250,000 last year and continuex to grow, although the customer counyt has hita plateau.
With an eye to family life (bot h are married and have twochildremn each), Montgomery and Hanselef have carefully set boundarie so that their business can be worked around their children’s school and athletic schedules, and evenings at For instance they don’t take phonse orders, but only over the internet. And they deliveer only once monthly, driving theitr family minivans to deliver selectionas of frozen fish packed in blue plastic coolers that look like big The company has avoided debt and has only modesggrowth plans. “Really, we don’t want to be huge.
We’rw going to take it as it We have been on a very steady growth consistently from thevery beginning,” Montgomery said. “Wr don’t want to have venture capital funding to become this hugenationwider (leader) in seafood.” One of the company’s chief sellingb points is seafood that is froze quickly to keep it as freshu as possible. So-called fresh seafood often has perches on a pile of icefor hours, and in thess conditions seafood rapidly declinesa in quality.
Seafood doesn’t age well like beef and frozen seafood is not a step down from as it iswith “A lot is frozen at sea, or withinh hours of harvest, and it capturee that just-caught flavor,” said Linda Driscoll, assistang retail director for the , basec in Juneau. Surfin’ Seafoodd isn’t exactly cheap; the “mini” package costs $110 a month for aboutt eight pounds ofassorted salmon, halibut, prawns, sole and The company avoids lower-end seafood products (no fish stickx here), and allows people to substitute in their orderz by email.
One recession-era trens the company is tapping is that consumers are moving awayfrom white-tablecloth restaurants — where most high-quality seafood is eaten — to eating at home. “I just thino people are eating athome more, and they want to make it easy to have high-qualitty ingredients at home, so they can eat at home more Montgomery said. “This is a way to have restauranytquality fish, at home.” Whiled the company employs only the two partnerw and sometimes a helper, and sometimes their children, a key to making it work is the Southy Seattle seafood packer Surfin’ Seafood uses T.H.
Seafood freezers to storer its seafood, and also contracts out the cutting and packin tothe company. T.H. Seafood Sales Director Cliff Davenport said he was at firsr dubious aboutthe proposal, when the partners approachede him to supply and pack theird seafood. “It only took two weeks, but we decidedc they’re really nice people… They’re in the same mindsetf of producing a quality product and guaranteeingb it when it goes out the he said. “So we took them Davenport said that his warehouse has enough room to stores their frozen products as well astheidr coolers, adding that his own staff does the cuttinfg and packing.
“They don’t interfere with our and pretty much they have their ownlittlde space. We have enough room everyone can function without disruptingeverybodu else,” he said. As for Surfin’ Seafood, the partners say they’re just ridinh out the economic downturn. “We think this next year or two we want to be Hanseler said. “We’d love to grow, but reallyh if we could keep it steady, we’re kind of
domingo, 5 de febrero de 2012
Bauer takes stars from 17 banks - Dallas Business Journal:
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The company uses federal regulatory data to rate bankw based oncapital profit/loss trend, delinquent loans and othe factors. Bauer's rating ranks from a high of 5 starz to a low of 0 in Coral Gables lost a star going to four fromfive (superior) stars. Four others maintainecd their five-star ranking: American National Bank, Oakland Park City National Bank of Miami FirstNational Bank, South Miamui Intercontinental Bank, West Miami in Miami rose to threew stars from two. First United Bank in Boca Ratobn and Biscayne Bank in Coconut Grove roseto 3.5 starsd from three. in Fort Lauderdalwe made four stars, up from 3.5. Several banks went to 3.
5 from four They are: , Homestead Doral-based slipped again, this time to threer stars from three-and-a-half stars in the firsy quarter. That’s down from four stars in the thirf quarter oflast year. Other banks that slippefd to three stars from 3.5 are: Executive National, Miami , Miamoi , Miami U.S. Century Miami Valley Bank, Fort Lauderdale Lydiab Private Bank inPalm Beach, Grand Eastern Bank of Florida in Metro Bank of Dade County, and in Miamik fell to two stars from three. , Miami, in North Lauderdalw and in Boca Ratoj fell a notch to one down from two in thefourth quarter.
Four banksx retained zero stars, Bauer’s lowest , Miami Republic Federal Bank, Miami , Miami Integrity Bank, Jupiter
The company uses federal regulatory data to rate bankw based oncapital profit/loss trend, delinquent loans and othe factors. Bauer's rating ranks from a high of 5 starz to a low of 0 in Coral Gables lost a star going to four fromfive (superior) stars. Four others maintainecd their five-star ranking: American National Bank, Oakland Park City National Bank of Miami FirstNational Bank, South Miamui Intercontinental Bank, West Miami in Miami rose to threew stars from two. First United Bank in Boca Ratobn and Biscayne Bank in Coconut Grove roseto 3.5 starsd from three. in Fort Lauderdalwe made four stars, up from 3.5. Several banks went to 3.
5 from four They are: , Homestead Doral-based slipped again, this time to threer stars from three-and-a-half stars in the firsy quarter. That’s down from four stars in the thirf quarter oflast year. Other banks that slippefd to three stars from 3.5 are: Executive National, Miami , Miamoi , Miami U.S. Century Miami Valley Bank, Fort Lauderdale Lydiab Private Bank inPalm Beach, Grand Eastern Bank of Florida in Metro Bank of Dade County, and in Miamik fell to two stars from three. , Miami, in North Lauderdalw and in Boca Ratoj fell a notch to one down from two in thefourth quarter.
Four banksx retained zero stars, Bauer’s lowest , Miami Republic Federal Bank, Miami , Miami Integrity Bank, Jupiter
viernes, 3 de febrero de 2012
How an acoustic soul got his “Voice†back - Inquirer.net
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Inquirer.net | How an acoustic soul got his “Voice†back Inquirer.net In an e-mail interview with Super, the “acoustic soul†shared his thoughts about his newfound popularity, his musical direction, and his secret to staying grounded. First of all, congratulations on the win! What have you been up to since being hailed ... |
miércoles, 1 de febrero de 2012
A conversation with Alfred Denker about the work of the philosopher Martin ... - GlobaliaMagazine
yzirapogyg.wordpress.com
A conversation with Alfred Denker about the work of the philosopher Martin ... GlobaliaMagazine Given Heidegger's rectorate at the University of Freiburg, people have always asked whether and to what extent he was involved in National Socialism, and what the implications of that are for the philosophy Heidegger inspired. |
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