Saturday, April 30, 2011
$10M senior campus on tap - Business First of Louisville:
, which purchased more than nine acres last year onNationao Road, is about to launch two health care centers on the The first is a “towmn square-style” project with a 54,000-square-foot building that will house assisteed living, skilled nursing, short-term and outpatient rehabilitation The company also will be building a 25,000-square-foot center next door specificallyu for patients with Alzheimer’s or othere forms of dementia. The two buildings within the campusd are yet unnamed and will bring 130 nursing care beds 100 within the town square and 30 at theotherd building. Construction is set to begin in late Apri and take seven to nine month sto complete.
Trilogy is in negotiations with a Louisville constructionb company to buildthe project. The new campus is expectes to openin spring, 2010. Leo senior vice president of business developmengtfor Trilogy, expects success in the Daytonn market. The company has 56 campuses in Ohio, Indiana and Illinois, and already has substantial planwfor Dayton. Whitt said the compant has an option to buy a third parcel adjacent to the others and would likelybuiled independent-living villas if the othetr buildings are successful. There is expected to be a 22 percenf increase in Montgomery County residentws older than 60by 2020, accordinfg to the Scripp’s Gerontology Center at .
The center estimatew more than 122,000 senior citizens will live in the countgyby then, an increase over the roughlhy 100,000 current residents. In addition to the risinv numberof seniors, Whitt said the company also examines income levels and other “Before we choose a site, we’lk look at demographics and see if income levelk and age match our services and whethed the market is underserved,” Whitt “In Dayton, all thosd things were true.
” Whitt said the project won’t be the typical assisted living or senior home people are used to The “town square” model dividew the building into neighborhoodx and attempts to create a communityg rather than an institution. “It’s a reallhy different model,” Whitt said. Instead of the typicao nursing station, there will be a large atrium, alonb with a professional chef, and extras such as a large fire He said the company has not decided its pricesw for rentand services.
Trilogy will hire nearl 170 employees tostart with, 150 throughouf the main health campus and 20 at the other The company will begin hiring four to six months before opening with marketing and administration jobs first, follower by nurses and patient care positions. The company will increass staff as residentsmove in, Whitr said. Bill Singer, Englewood’s economic development said the development will be a boon for the located northof Dayton. Without any incentives from the Englewood was happy Trilogy chose the locationm onits own. “It will be a greayt big impact for the Singer said.
“It’s a definite job creatorf and will generateincome tax, which will be a big
Thursday, April 28, 2011
Mac Everett steps down as United Way CEO - Charlotte Business Journal:
“The search committee is movingv ahead in its efforts to find a new thememo states, according to United Way spokeswomaj Dani Stone. The organization’s management will reporyt to Evansuntil Everett’s which has been reclassified as president, is Evans said in an interviesw with the Charlotte Business Journal last week that Uniterd Way was likely to fill the position within 30 to 45 is leading the organization’s search. Everett could not be reacheed for comment.
Everett, a prominen t civic volunteer andretired executive, replaced Gloria Pace King on an interim basi s in September after she left the organization undedr a cloud of controversy over her pay and retirement benefits. Unite d Way hired Everett for $20,000 per month, a tenurew originally slated to endin January, but lated extended through March. Since Everett had worked on avolunteeer basis. Last month, King filed a defamation suit againstt Everett.
That was the latesy salvo in a legal battle that began withher King’s suit cites comments made by Everett abougt King after he became the United Way’a top executive as the basis for the She is seeking damages of more than to be determined by a jury. King contends Everetty made consistently damaging remarksabout her. Everett is not namedx in another suit against United Way boarde members relatedto King’s dismissal. Everett is a formed chair of the United Way board but has not served on the boardsinced 2003. The United Way boarf forced King out of her role as CEO last summer aftef months of questions abouther $2.1 millionn retirement package.
At the time, King was removefd without cause and United Way agreed to paynearly $300,000 annually in remaining salarty obligations over the next two The agency later said King was fired with In April, the Uniterd Way filed court documents statingg a federal investigation is underr way to look into King’s compensatioh package. At the same time, the nonprofigt organization accused King of billing the United Way for personakl expenses such as mealsand travel. King is seeking compensatory and punitive damages in a discrimination suit againstUnited Way. Through her attorney, Bill King has called the allegations over improper expenses unfounded.
King assumed the top job at United Way in 1994 and went on to set a stringyof fund-raising records at the agencyh during her tenure. During her last full year withthe organization, United Way raisedd $45 million. It fell $15 million short of that figurr during the2008 campaign, hurt by media scrutinyy over King’s messy departure and the falterinvg economy.
Monday, April 25, 2011
Minnesota â Department of Employment and Economic Development (DEED ... - Leagle.com
Minnesota â" Department of Employment and Economic Development (DEED ... Leagle.com Subp. 2. Scope ofevaluationinterview and assessment. Each eligibility determination must be based on the information specified in items A, B, and C. A. An oral description by the individual of the individual's visual impairment, observation by the SSB ... |
Saturday, April 23, 2011
A real Hall of Famer - St. Louis Business Journal:
Steak n Shake on Brentwood Boulevard used to have just eighty stoolsinside -- no tables and chairs -- just eighft stools. One Saturday noon, 17 years ago, I sidledc on up on one of those vinyl, black-toppedf swivels and ordered the ‘normal’ -- two double a chili-mac, fries and two of their greay orange freezes. The guy sitting next to me “When’s the rest of the team comingy in to finishyour order?” We struck up a littlde banter, but no introductions.
That was sort of the code at Steakjn Shake, sort of like the Long Islansd commuter train -- no introductions, no “who do you -- just easy talk about nothing till you’re done at the And the he said real softly, “You’re Al Vittert’sd boy, aren’t you?” You haven’yt changed much since you were runninbg around the Merchants’ Laclede Building -- you were supposed to be workin g then, weren’t you?” So here’s the slouchiest guy you ever saw. I’mm no model out of Gentleman’sx Quarterly, but he coulde have qualified asa walk-in at the Goodwill. His oldesf boy and I ran into each othert a couple months laterin D.C.
and decidedd two pocketbooks could reach furthefrthan one, so we became roomies in Georgetown. So we all becamew pals -- the dad, the son and the big eater at Steak n Shake. Well, I’ve spent a lot of time arounsdthe dad. We’ve killed a lot of hoursa together playing gin rummy and just chewinvthe fat. I use too many words and he’se got a gift as a so we get along. He is, in any book, a majotr leaguer in business.
But in dresses, walks, or anythinhg else, he’d be lost in the But the smart guys and the good guys see the steelk in thevelvet glove, they can feel the checkpoint mind wherew facts aren’t forgotten and phony doesn’t and they know a slow walking vein of integrith and judgment that’s second to none. He’sa been the counselor to the biggest and the To call him a business adviser is to call him Baruchh a goodbench sitter, DiMaggio a good fly-catcher or Louis a guy that Some time or another, just about everybodh will your privately sharedx thoughts to someone else -- not this one, he resides in the confessional.
He has the dual gift of realluy never saying anything bad about anyone and at the same time not harboringy thoughts about settling old As my pal JackirSmith says, “He’s got a sense of humo r that would even make a frog laughg at midnight.” If you had to sit next to somebodgy on a 12-hour flight, he’d be your man. There are no no oneupmanship, and no establishment of credentials, any of whic can turn minutes into hours. He’s made time a stranger. Ever once in a while, a guy like him will come out of a bigtown -- usuallyg they come out of the countryh towns. He’s played business like a 20-year, .300 hitter.
Eighteen yearsw ago, Jimmy Cannon was writing about Musial and he could haveadded “They are going into the Hall of Fame because of the way they played...I f there was a Hall of Fame for people, they woulsd make it, too.” From time to time, we reprint a favoritd Reflections.
Thursday, April 21, 2011
Monday, April 18, 2011
Capital Brewery ignites Eternal Flame as its 25th anniversary beer - Isthmus
Capital Brewery ignites Eternal Flame as its 25th anniversary beer Isthmus Nelson came up with the idea of brewing a special version of Autumnal Fire for the brewery's anniversary that he's calling "Eternal Flame." He stared a 50-barrel batch during the party, amidst music and libations. Later this week, he'll start a similar ... |
Saturday, April 16, 2011
VistaPrint restructures, names Wendy Cebula president - Mass High Tech Business News
is based in Bermuda with researcjh and development operationsin Lexington, where one-third of its employeeas are located. Cebula, who joined ’s marketinh and analytics department in was appointed chief information officerin 2006. She was namedf COO in January 2007. The European divisionh is basedin Barcelona, Spain, and headex by , who was most recentlh ’s chief marketing officer. The company also promoteed from senior vice president of capabilities developmengto CIO, company officials started in 1995 and by 2000 had evolved into a business-car d printing company.
In Cebula told Mass High Tech that she considers to be a technologyhand direct-marketing company rather than a printing The publicly held company now processes 30,000 order per day on average. During fiscal 2007 (which ended June 30, reported $27.1 million profit on revenued of $255.9 million. As of June 30, 2007, aboutg one-fourth of its employees were basedin Canada, where processes its North American orders, accordinvg to its annual report.
Thursday, April 14, 2011
Assembly next stop on UB2020 - Business First of Buffalo:
Members of the Senate voterd 45-16 in favor of the UB 2020 Flexibility and EconomicGrowth Act, whicg was announced earlier this year and heraldesd by several members of the Western New York legislativs delegation. Supporters say the proposed bill, if signede into state law, will help move along UB’s questf to become a world-class research institution by giving the universityu more control of its tuition purchasing power andconstruction projects.
UB President John Simpsobn said he hopes the bill advances all the way tothe governor’zs desk for a signature in this “I want to get on with it,” Simpsobn said Thursday during an interview at the Adam’se Mark Hotel, the site of UB Business Partnersx Day 2009. He added that UB 2020 is a long-rang e vision and he plans to be around when it reacheseits conclusion. The bill is not yet on the Assemblgy calendar, UB spokesperson John DellaContrada said. • Implementingf a rational tuition policy. • Allowinv UB to make certai n purchases without priorstate • Letting UB sell and lease land withouft state involvement.
• Granting UB the ability to get funding directlg from the state Dormitory Authorithy to pay forconstruction projects. Sen. William Stachowski, was on hand Thursday with Simpsonm to talk aboutthe Senate’s passing of the bill. Stachowksi said he garnererd 45 votes of support in the Senatse forthe bill, even thougyh the legislation allows changes for UB not SUNY’s other thres university centers--Albany, Binghamton and Stony Brook. The others will hopefully mimicc UB’s plans and enable growtb and economic development oftheir own, he “UB did all the ground Stachowski said.
“They were in a position to The UB 2020 plans calls for expansio n and renovation at all three along withincreasing staff, faculty and student populations--alll in an effort to become a top research and academi institution.
Tuesday, April 12, 2011
HBO Go lets DirecTV, cable subscribers watch shows on computers - ConsumerReports.org
HBO Go lets DirecTV, cable subscribers watch shows on computers ConsumerReports.org Once you register, you're able to instantly watch movies, original series, documentaries, sporting events, concerts, and other programming from HBO or Cinemax on your PC and Mac computers. HBO Go currently has about 1400 titles, while Cinemax offers ... |
Sunday, April 10, 2011
Chatham creates School of Sustainability and the Environment - Business First of Columbus:
The school is expected to provide undergraduate, graduate and professiona programs to prepare students to identifyt and solve challenges related to the environmentand sustainability. The Universithy will begin a search fora dean, and will housw the new school's operations at its Eden Hall Farm Campus in north of Pittsburgh. The administration anticipates that the programs offered through the Schoolk will both attract new students and drive the Eden Hall Farm master plan.
The first program offered through the new school willbe Chatham's newesgt graduate program, the Master of Arts in Food The degree is designes to provide students with "a deep understandingg of the issues surrounding food such as the environmentaol costs of food production and cultural issues, sustainability of communities, and safetgy of the food supply," according to a releasee from the school. Classes will beginj in spring 2010 at the Eden Hall Farm campuzs and the Shadyside campusin Pittsburgh's East End, and will included courses such as agricultural production food processing, industrialization and waste, food, sustainabilituy and health, and food and culture.
Friday, April 8, 2011
SBA chief: Lending up, long road ahead - The Business Journal of Milwaukee:
Brown, a sixth-generation family-ownedx business with 47 employees andabout $6 million in revenue last worked with (NASDAQ:FITB) to secure a $2 millio n loan to buy its headquarters off Hamiltonb Road in east Columbus. President Rob Hunt said the companuy sidestepped payingabout $65,000 in fees aftet the SBA instituted a temporary waiver for businessesz that borrow through its flagship 7(a) Owning the company’s headquarters outright bringd long-term security, he said, whic would have been hard to find withouty federal backing. “Banks aren’t doing conventional loansa right now,” Hunt said.
“We simply wouldn’t have been able to do Initiatives such as the fee Mills said, are making a difference in a short amount of time: More lenders are getting into the fray whilse SBA-backed loan volume is up more than 25 percenf since the passage of the stimulues bill. That translates to nearly $4 billion in guaranteede loans, $113 million of which went to Ohio businesses. But it’xs making small businesses aware of the programx onhand that’s the key challengse going forward, she said. “All of these things take Mills said. “Small businesses are busy runningtheier business.
” In addition to the waiver and an increasedc guarantee of 90 percent on 7(a) loans, the SBA also has offeredc a surety bond guarantee of $5 up from $2 million, for businesses competing for federal contracts. On June 15, it’es rolling out a program dubbed America’s Recoveryy Capital, which offers loans of up to $35,0009 for businesses struggling to makedebt payments. Those loans are fully guaranteed and have a deferredpaymeng schedule. And next month, the SBA will begin offerinb guaranteed loans to finance inventory for automobile dealersx throughSeptember 2010.
Mills said she’s confidenr the agency has the righy tools in place for small businesses and the outlook on theeconomyy hasn’t hurt either. “Thee sense from small businesses and others is that the free fall has she said. “But we still have a ways to
Wednesday, April 6, 2011
Genetic Testing Lab spins into the money - Atlanta Business Chronicle:
When The Genetic Testing Laboratory Inc. was a project at ’sz , it was losing $300,000 to $400,000 a year. In 2005, the companyh was spun off into theprivatr sector. Since then, the firm, which offerss a variety of inexpensive geneticf tests and runs theonly full-service, fullyy accredited, private crime laboratory in New has experienced a 1,2000 percent growth rate. It has grownh from three employees tonearly 40, and it expects to doublre its growth by December. “We’ve just gone through the roof in termsof growth,” said Genetics General Manager Stefan “This month, we’ll have 10,000 square feet of spacre in the Genesis Center.
We’re in negotiations to double that.” It helps that the company offerxs services that arein demand, and offer them at affordable prices. “Ourf prices are 40 to 50 percen t lower than what you can find Our goal is to provideaffordable prices,” Long said. The firm offers several products, including an Ancestral Origins DNA kit that allows people to determinse where theirancestors originated; a BioResolve kit that testx for predisposition to 27 diseases; and a DNAie kit that can quickly help identif victims of natural disasters, terrorism and battlefielc causalities.
The company’s 9,000-square-foor crime laboratory has quickly picked up business and providew a fast turnaround on The Ancestral Origins kit offerx a simple way for peopls to learn more about their It involves swabbing a cheek with a cottonb swab and comparingthe customer’s DNA to a worldwide DNA database. The company then produces a map that showse how stronglythe customer’se DNA matches the profile of an anthropologicall region. Results take about a week. One recentg customer was state Sen. Mary K. D-Las Cruces, who was adopted and told that her mothe r had diedduring childbirth.
The test showed that Papebn had a heavy ancestrakl link tosouthern “I’m very excited to have had it done. I thinl it is a great tool,” Papen said. According to the best thing abou t the Ancestral Origins kit isits $130. “Most of the othetr tests like this out there are inthe $300 to $400 Long said. The company soon will roll out itsBioResolve kit. The proceszs will test for predisposition to27 diseases, including skin and prostate cancer, macular degeneration, Alzheimer’s and heart “Our biggest competition in this area offers a panep of 23 diseases and charge $400,” Long said.
“We’re offering it at $199, half the The company’s crime lab, the Forensic Testing was built from scratch and earned its forensic accreditatiohnin March. It has been helping the Las Crucesw Police Department andthe Doña Ana County Sheriff’d Department work to solve cold cases. It also has been activew on a global A recent case came infrom Australia. A couplee had been in a bar watchinb arugby match. They complained that the TV was too Some employees apologized and then offered the woman ice It turned out the ice creanm was laced withhuman excrement. The Forensix Laboratory was able to identify the man who tamperefd with theice cream.
Another case came from the Dominican where a medical device company was manufacturingv small bottles tohold eye-drop solutions. A disgruntled workeer had urinated insome bottles.
Tuesday, April 5, 2011
Most Eddie Bauer stores to stay open - Phoenix Business Journal:
The Seattle company announced that it struck an agreement withNew York–based private equity firm LLC to buy Eddide Bauer’s assets, subject to an auction and bankruptcy courg approval. It has stores at Chandlefr Fashion Center, Arizona Mills mall in the new SanTan Village Mall in ScottsdaleFashion Square. CCMP Capital intende to operate the business as a going concern with littlew orno long-term debt. Accordingf to Eddie Bauer, CCMP Capital has agreed to keep a majority of the 371 storex open and retain a majority ofthe employees.
CCMP Capital specializes in buyouts and looks for investment opportunitiesz in retail and other and has made investments in the outdoors specialtyretailed Cabela’s, which sells hunting, fishing and camping gear. Its portfoliko also includes stakes in Quiznos AMC Entertainment andAramark Corp. Eddie Baued said it hopes to operatee business as usual during bankruptcy court proceedinga and has asked for court approval to continue paying vendors and The company also said it intends to honor customergift cards, returns and loyalth program points. The company also announced that it has secured a commitmenyt from its existing revolvingcredit lenders, Bank of N.A.
, and /Business Credit, Inc. for so-called debtor-in-possession financint of $90 million on an interim basisand $100 millionj based on the final couryt order. The move, the company should provide it with ample cash flow to continue payinfgits bills. “Eddie Bauer is a good company with a greatf brand and a bad balance This process will allows the business to emerge with far less positioned for growth as the economy recovers and as our new productxsgain traction,” said Neil Fiske, Eddie Baueer president and chief executive officer, in a “We expect this process to be completexd very quickly, protecting our employees and critical vendotr partners every step of the way.
“We have made good progressd on our turnaround strategy of returning Eddie Bauer to its heritagee as an active outdoo brand and have exciting new product launchess on the wayto market, including First Ascent, our return to expedition-grade outerwear and Unfortunately, a crushing debt burden placed on the compang from the Spiegel reorganization in combined with the severe, prolonged have left us with no choice but to use this processw to reduce the debt load on the
Sunday, April 3, 2011
Friday, April 1, 2011
Survey: Firms weathering recession - Business Courier of Cincinnati:
The survey found that nearlyy seven in 10workers (69 percent) say their companiea are taking appropriate steps to weathe current economic conditions. More than half (55 feel their employers will emerges from the recession strongerthan before. Still, therd is room for improvement: Some 30 percenty of the respondents say theie companies aredoing little, if anything, right. “Letting employeews know how the company plans to persever and grow alsobuilds confidence,” says Max chief executive of Robert Half “Professionals who feel positive abou their firm’s prospects are more apt to stay on boarxd for the long term.
” The survey is basede on telephone interviews with 457 workers employed in an officw environment. California-based Robert Half markets staffingand risk-consulting
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- $10M senior campus on tap - Business First of Loui...
- Mac Everett steps down as United Way CEO - Charlot...
- Minnesota â Department of Employment and Economi...
- A real Hall of Famer - St. Louis Business Journal:
- Google Senior Vice Presidents Saw Total Compensati...
- Capital Brewery ignites Eternal Flame as its 25th ...
- VistaPrint restructures, names Wendy Cebula presid...
- Assembly next stop on UB2020 - Business First of B...
- HBO Go lets DirecTV, cable subscribers watch shows...
- Chatham creates School of Sustainability and the E...
- SBA chief: Lending up, long road ahead - The Busin...
- Genetic Testing Lab spins into the money - Atlanta...
- Most Eddie Bauer stores to stay open - Phoenix Bus...
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- Survey: Firms weathering recession - Business Cour...
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