Tortoise prices new fund's IPO - Kansas City Business Journal:

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million shares of its third fund for a totaoof $115 million. The Overlansd Park fund adviser said Thursday that the Securities and Exchange Commission has approverd its registration statementfor , a fund that will invest in publiclg traded Canadian income and royalty as well as U.S. master limited partnerships. The fund, prices at $25 a share, bega n trading on the New York StockExchangde Thursday. The fund (NYSE: TYN) closes on Thursday at $24.50 on volume of 369,709 shares. According to a prospectusa filed Wednesday withthe SEC, Tortoise Northh American will invest at least 80 percentt of its assets in North American companies in the energu sector.
and lead a group of 16 underwriterd for thenew fund. The underwritere have been granted an option to buy as manyas 690,00 0 shares to cover any Tortoise Capital portfolio managers Terruy Matlack, David Schulte, Kenneth Malveyu and Kevin Birzer each will own shares of Tortoise Northb American, according to other SEC filingds Wednesday. Tortoise Capital already operates two funds totaling about $1.3 billion in the energy infrastructure sector. (NYSE: TYG) and (NYSE: TYY) invest mostlyh in MLPs and their affiliates. By investing in Canadiam trusts, Tortoise North American seeks to capitalize on an expected increasesin U.S. reliance on oil and naturakl gas importsfrom Canada.
The Canadian trusts generall y are structured to own the debt and equity of an activwe business or to own royalties in revenue generates bythat business. Canada doesn't assess a corporate tax if the trusts pass alongf taxable incometo shareholders, according to the fund'sw prospectus. Formed in 2002 as a joint ventur e between and Overland Park bondadviser , Tortoise Capital is credited with creating a niche in the securitieas market that sources said now totals more than $3 billion in

Balkan Impasse - Wall Street Journal

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Balkan Impasse W »

Human Capital: People on the move, June 2 - Nashville Business Journal:

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Goodwin Procter's Budd elected vice chairman of AAA national boar d WayneBudd , senior counsel with the Boston law firm of and a membere of the board of directors of , was electee vice chairman of AAA’s national board of directors. Turbine taps Paradowski as CFO , a Westwood-base d online gaming technology company, appointed M. Beau Paradowskui chief financial officer. Clough to run Leerink Swann'w MEDACorp division Health care investment bank Leerink Swanm of Boston appointed Brent Clough senior managiny director and head of itsMEDACorl division. Prior to joining Leerinki Swann, Clough was president and CEO of IntrinsiQLLC , an oncologgy software and data analytica firm.
promotes Stys as VP of marketing andbusiness dev. Shawmut Designn and Construction in Boston promoted Brian Stys , a 16-year veteran of the firm, to the newly-createe role of vice president of marketinvg and business development. The Protector Groul Insurance Agency adds Mullery as director of compliances and wellness of Worcester added Laura Ann Mullery as directofr of complianceand wellness. Mullery previously servedr as assistant vice president at in Bostonm and vice president of major accounts at Thorbahn Associatexsin Quincy.

Sikorsky to close upstate NY plant, cut 570 jobs - Boston Herald

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CBS Local

Sikorsky to close upstate NY plant, cut 570 jobs Boston Herald Employees at the 5-year-old facility, who have seen their ranks dwindle from a peak of 1,300, were told Monday that the plant would close as of Dec. 31 and its work transitioned to Sikorsky's West Palm Beach, Fla., facility. "Faced with these difficult ... Sikorsky to pay t axes until 2022 Ithaca Journal  »

Business First of Buffalo: Buffalo Commercial Real Estate Listings - View Commercial Real Estate

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Terremark adds, expands customers - South Florida Business Journal:

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The Internet hardware and services firm has disclosef new customers and expanded customers at the NAP of the as well asits NAP/West in California and NAP de las Americaws in Spain. Miami-based Terremark (AMEX: TWW) said new customerxs at its local NAPinclude , , , , and New clientx in California include Opinity and Virtualk Speed , while new customers in Spain are Smart Networksa Solutions and . Flagship facility the NAP of the Americaw has more than190 customers, the companyy said. That's of more than 230 customerw across Terremark's four NAPs, including NAP do Manuel D.
Medina, Terremark chairman and chie fexecutive officer, said more than 25 customers signed multiple-yeat contracts at the Miami facility in the last quarter. "These new contractd continue to validate the uniquenesds of ourbusiness model," he said. "We have becomes the connectivity point of choice not only to but alsoto enterprises, public entities, educationalp institutions both public and private, and service providers arounr the world." Shares closed down 2 cents to 62 The 52-week high was $1.09 on June 1. The 52-week low was 55 cents on Nov. 19.

Md. colleges given $11M to combat nursing shortage - The Business Review (Albany):

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The grants, being divvied among 17 Maryland nursing will be used to lure facultyand students, and improvre technology at the Maryland’s nursing shortage is expected to reachn 10,000 by 2016, according to the . The current vacancy rate of nurses at state hospitals is 8 The economic downturn has helpedc the industry because many retired nurses have come back to but once the recession ends the shortagwill worsen, said Carmelaw Coyle, CEO of the Maryland Hospital The first round of grants will increasew the number of nurses graduating by 300 studentd and add 20 faculty positions at nursing programds across the state.
“The number of nurses graduating from Maryland schools are simply not saidRonald B. Peterson, president of and co-chaif of the “Who Will Care?” campaign at a presxs conference Monday. “We cannot take our eye off thenursingf demand.” The campaign’s goal is to add 1,509 new nursing students. The program has raised $15.5 milliojn to date through the state’s business community, including funds from the Baltimore constructionform , , the region'ds largest hospital system, and , the region'es largest health insurer.
Greater Baltimore Medical Center, for example, gave The goal is to raise $20 million from the private sector by the end ofthe year, and then raise an additioh $40 million in state, local and federal funds. • • • • • ; and, • .

Ex-franchisees sue Brooke Corp. unit for fraud, racketeering - Sacramento Business Journal:

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Brooke Corp. (Pink Sheets: BXXXQ) was an Overlaned Park-based insurance franchiser. It bought and sold franchises through BrookeCredit Corp. and originated and servicecd loans to franchisees through About 75 former franchisees filed suit Wednesda against AleritasCapital Corp. in U.S. District Court for the Districof Kansas. The suit accuses the Brooke companies of inflatinhg the price of agencies sold to receiving kickbacks from the sellers and settingv up a system that benefited from the failure of The suit also alleges that the Brooke companiee never provided the full services and benefit s promised infranchise agreements.
Former franchisees said in the suit that Brooke did not live up to promises and agreementa that served as the basis oftheirf decision-making in agreeing to borrow moneuy from Aleritas to acquire franchises. The former franchiseeas ask that all their loans and interesg originated by Aleritasbe canceled. They also ask for damages and reimbursemen t of attorney fees andcourt costs. In October, Brooke and filed for Chapter 11 bankruptcy Aleritas has not filedx for bankruptcy but ceased conducting andits loan-servicing relationships were Albert Riederer, the court-appointed bankruptcy trustee for the Brookee companies, said in December that the cartedr away several boxes of Riederer also said at the time that the , the Securities and Exchange Commission and other regulators also were investigatinbg the company.
Riederer could not immediately be reached forcomment

Creative Benefit Solutions merges with Arthur J. Gallagher & Co. - Business First of Louisville:

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Financial terms of the merger werenot disclosed. Creative Benefit Solutionsx will continue to operate in Louisville under the same and will retain its five saidMichelle Amshoff, who will continues to serve as president. Her Jay Amshoff, will continue as vice president of saledand marketing. According to the company’a Web site, www.creativebenefitsolutions.net, Creativ e Benefit Solutions specializes ingroup health, dental, disability and executive life policies. Arthur J. Gallaghedr & Co. is based in Itasca, Ill.
According to the company’d Web site, , the company offers retail property/casualty brokerage, benefits brokerage, claimw management, wholesale property/casualty brokerage, insurance captive formation and internationalbrokerage services. Creative Benefit Solutions will operate as part ofArthur J. Gallagherf & Co.'s benefits division, said Marsh a J. Akin, investor relations specialisrt forArthur J. Gallagher & Co. Michelle Amshoffv said that most of the changes to Creativse Benefit Solutions will bemade "behind the scenes," and won' be apparent to clients.
What clients will Michelle Amshoff said, is access to an expandedx portfolioof benefits, including property and casualty "We have been contacted probably four to six times a year by loca l agencies and banks who were interested in crosxs selling, and we really weren't interested in that," Michelle Amshofff said. "We agreed to a meetingv with (Gallagher) because I was familiar with the but I was interested in what they coulx bring to the table forour clients. This is all abougt resources, tools and knowledge.
"

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Nixon, Quinn push Biden, LaHood for high-speed rail - Atlanta Business Chronicle:

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In April, Nixon and Quinn, alonbg with six other Midwestern to LaHood asking him to support plans for rail corridors between cities in their including St. Louis to Chicago and St. Louis to Kansa s City. Illinois has completed an environmentao impact statement forthe Chicago-St. Louie corridor. “Missouri and our partnedr states in the already have a competitiver advantage because we have been working on this rail initiative for more than a Nixon said in a statemenf afterthe roundtable. “I reiterated our strong positiojn to Vice President Biden today while we discussed the viabilit of high speedrail corridors.
” The White Hous e and the have said they would from the American Recovery and Reinvestment Act, and $1 billionb a year for five years as a down paymentf to develop a passenger rail system. The other governors at the meetinhg were Jim Doyleof Wisconsin, Jennifert Granholm of Michigan, Tim Kaine of Virginia, Devall Patrick of Massachusetts, Sonny Perdue of Georgia and Ed Rendellp of Pennsylvania.

Triay denuncia la pasividad del PP en la aplicación de normas - Diario Menorca

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Triay denuncia la pasividad del PP en la aplicación de normas Diario Menorca ... els de el PP menys, encara que el PSOE feia el mateix que el PP deixar campar als bars que es passen i turmenten als veïns fins a la matinada, hi ha voreres per les quals no es pot ni passar i els vianants hem de baixar-nos i si es va amb el cotxet ...

Puget Sound Business Journal (Seattle):

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But just because businesses owners know they shouledo it, that doesn' t mean they are doing it. Jeff Porter runs the data managementt forum for the Storage NetworkingIndustryu Association, an international standards organization for electronivc storage companies. He said there hasn'f been a noticeable increase in the number of businessezs backing up their filessince Katrina. "I don't thinkm it takes a lot to convincs people now of the need to back theirfiles up," Porteer said. "But it's still very difficult to convinced them totake action.
" He said that'a because it is such a tedious Even though there are plenty of firms that specialize in storing other companies' information, the nature of the process demands hundreds of "executive" hours, accordingv to Porter. "It's not so much the cost that keeps companiesz fromdoing it," Porter said. "It's the fact that the company's decision-makers have to spenxd their own time figuring out what needsto It's something that can't be delegated.
" But along with other national organizations, say there are severaol steps companies can take to make the process less of a Before a company even starts looking for a third parth storage vendor, it needs to figure out what informatioh is vital enough to be stored. "Therd has to be a formalized collaboratio nbetween management, operations and any business partners involved," he said. "Don't expect it to be a quick process. It's goinbg to take a lot of meetingsd between a lotof divisions." Once a company figuree out what information needs to be kept safe, Porter said it must decide how the informationn should be stored.
He explained that there are differing degrees of access to the information fora business. For an insurance company would want recent claimsz to be more accessible than those made 10yearw ago. Porter said that once this is decided, a companyh can start looking for astorage vendor. He said the best plac e to start searching is throughhis organization' directory, which he said is unbiased and neutral. Other trad organizations, such as Enterprise Contenyt Management Association, also represent hundreds of storagew vendors and make those listsavailablwe online. Porter also recommends getting customer reviews and makinfg sure a vendor hasgood press.
He said if a company should test a vendo r out by doing smalltrial installations. Porter explainexd that companies often use more thanone vendor. "Som vendors are better for storing long-term information," he "Others are better at giving youimmediate access. You have to find the right fit for each portioh ofdata you're storing." To get the lowesrt cost, Porter said many companiesz try to get severak vendors into a bidding war. "But cost isn't the most importantt thing here," he said. "If something happenerd and you had to depend onthe vendor' s services to stay in business, the last thing you'x want is to have compromised quality just so you savec some costs.
" When it comes to how far away a companyh should electronically store its backup data, 15 milesd used to be the rule of thumb. But aftefr the widespread destructionof Katrina, experts say informatiom should be stored in geographic regionss that won't be affected by the same "Katrina not only increased awareness," Porte said. "It also rewrote a lot of the rulez we usedto have. It showed our industr what needed tobe improved." One of thosee improvements, according to Porter, is how often a compant should test its backup plan. He explained that many Katrina-affectex companies had backup plans, but discovered they were out-of-date when the disastedr actually hit.
"A business is constantlh evolving," he said. "And, so are your backup needs." Porter said a company with the assistance of its refresh its backup plan atleastr annually. He said many companies actualltest quarterly, dividing the process up into separate divisions. But Portedr said the biggest mistake companies make, and one that Katrina is that they focus too much on storage and not enougu on recovery. "When you initially sit down you need to figurd out how fast you need to recover whensomething happens, " he said. "You may back everything up but then it takee you 30 days to access it and be up andrunnint again. Many companies can't survive that kind of delay.
" Computers, Technology and Telecommunications

Badger Campaigners Vow To Carry On Fighting After Losing Court Case Over Cull - Huffington Post UK

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The Guardian

Badger Campaigners Vow To Carry On Fighting After Losing Court Case Over Cull Huffington Post UK A ch »

Now is a good time to search for top talent - Kansas City Business Journal:

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That, of course, is easierf said than done. But it’s a key move right now. “Making critical talent plays” was one of the top five thingw The in Arlington suggested executives shoulcd do in 2009 to build their companiez forthe future. If you are readhy to go on the there are ways to catcnstar performers’ attention. Here are five thingw that will put a sparkle in the eyes of the stara in yourHR universe. Be transparent. That is a yet seductive move that hirinh managers can use to win the heartss oftop talent. “Achievement-oriented people are fine with a saidBob Corlett, CEO of in Olney. “Just be honesr about it.
” One of the most attractive things a companyh can offer a job candidate an honesr assessment of itscurrent condition. That includese financial situations, cultural issues and any industry-specifid challenges. A challenging situation, as long as it is accompaniec by a realistic view ofthe problem, can be a sellinb point, Corlett said. Stars like to know they are cominyg in to fixsomething specific. Go to wheree the talent lives. A few weeks ago, Mark Stelzner, a principal of D.C. consulting company LLC, went to a informal networking happy hour fordefense workers, not an industrgy he typically recruits for.
One of the organizers had gottenh to know him through the JobAngel network Stelzner foundedon Twitter. While the defensd industry wasn’t one Stelzner typically worksx with, he gained new insight and met high-level workersw he might one day If you’re looking to broaden your applicang pool, “go to where they are,” Stelzner said. “Don’g expect them to come to you.” Connecgt the job-to-applicant dots clearly. Know why you are hiringt for this position andwhy you’re talking to a particular candidate. In interviews, stresws that you are not only interester in who the candidatesare now, but who they have the potentia to become.
One way to do that is to emphasizs benefits suchas training, said Sharon Armstrontg of in D.C. Also, experts suggesf getting the hiring manager involved earlyh in the interview Top performers want to know whom they will beworkinf for. Manage your There is nothing like a good doseof self-awareness. Is your company known for responding tocandidates quickly? For fair, or compensation? For being a great place to work? All these thingas matter when job seekers are a considering a potential This especially goes for top talent. “Let’s face Stelzner said. “Top talent Offer market rate.
Contrary to cocktaiol chatter, true top performers on not on “A lot of superstars have this terrific thingg calledbusiness acumen,” Corlett said. They know what they’rde worth, and they know they can get it. Be The golden rule appliee to hiring as well asto life. If you are temptesd to lowball, remember that market rate is also a form of You don’t want to land someonew right now, only to lose the person the minute the economicv needle starts to creep up.
Jami e Patten has what might be called an embarrassmentof

Finding reasons, solutions when buying decisions are put on hold - Business First of Buffalo:

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The challenge is determininy if the delay is adisguised objection, an unresolvef concern, an excuse or real. Most how can you get to the truth and move the sale forward Buyers are like Wall Neitherlikes uncertainty. Understandinv risk can help you smooth the progresz towarda decision. Cautionh is an indication of risk aversion, and it’x rampant right now. Sellers become risk-adverse, too, not wantinb to hear a negative But consider that getting a negativwe decision now is better than gettiny one afterinvesting time, energy and resourceas pursuing a prospect for weeks or even months.
Try facilitatinbg a discussionaround best-case and worst-case What is the worst case if they do and what is the best case if they move forward? What is the worst-case scenarip if they buy now, and what is the best case if they delay the decision? Having this conversation gives you the opportunitty to influence their thought process and provide input into the scenarios. Threwe common themes emerge as reasons fordelayexd decisions, which are incomplete or poor initia qualification, unanswered concerns and changexs in priorities. Where you are, what to do Did you just take the prospect’s word that they could benefift fromwhat you’re selling?
Qualifying the need means gaininhg evidence that their situation justifies the For example, everyone wantw new office furniture, but how does not buying it now affecft the company? It could range from lost productivity to poor markert image to no effecy at all. If there’s evidence of significan t impact, the urgency to make a purchas eis real. It’s also important to acquire the perspective of all involved decision makers toidentifhy roadblocks.
It’s rare for everyone to agree on needs and priorities within a Withoutthis information, it’s difficult to implemenf a strategy to move Opportunities that need funding or that are waitintg for funding are less likely to close than those that have a budge allocated. Risk-adverse sellers avoid having the early cruciao conversations about budgets and Hoping that traditional benefits will carrh the decision is riskier than having a direct and frankm discussion about the investment requirements earlt in thesales process. Therr is a difference between not having the budget and being unwilling to investthe budget.
One is a logistical problem while the other is a perceivesdvalue problem. You can’t fix but you can address In acautionary climate, you must run an “A” game and qualifuy thoroughly. A presentation or proposal that is premature will automaticall generatea stall. Buyers unconsciously go through three majofr phasesof buying. First, they evaluate if they have a need that is sever enoughto fix.
Once a need is the assessment ofoptions

Ohio U. OKs budget, plan B - Business First of Columbus:

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Trustees of the Athens school recentlyg signed off ona $684 millionj fiscal 2010 budget, but also laid the framework for potential tweaks as state legislatore hammer out a two-year budget by a Tuesdauy deadline. Included in the trustees’ budget resolution, the school is a provision giving President Roderick McDavis the poweer to make adjustmentsif higher-education funding cuts are made to help plug a projecte d $3.2 billion state budget gap.
Ohio University official s said that in the event of reduceedstate funding, the school could fill part of a budget gap with anticipate d revenue from enrollment and retention increases that haven’ been factored into the existing But other plans are on the including potential employee The school’s existing budget already includes adjustments in light of tougher times. Becausre of a shortfall in investment income, OU is usinv some cash from itsgeneral fund, intended for instructiom and administration, to suppory scholarships and financial aid.
The university’s Voinovich School of Leadership and Publix Affairs also is receivinga $500,000 boost in fundinvg amid lower state support.

Refi rally for TexasLending.com - Memphis Business Journal:

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As many as 120 loan consultants, accounting professionals, loan loan closers and clerical positionas payingbetween $30,000 to more than $100,000 a year will be said Kevin Miller, president, CEO and founder of The jobs will be added beginninvg in August and will be phased in duringt the next six to nine he said. The company has 160 employees now, down from 180 at the peak of the Nortuh Texas housing boom twoyears ago. Low mortgagre rates and Miller’s expectation of climbing home salese are spurringthe company’s growth, he “We expect rates to be low for the next year and a then we expect home purchasing to be strong afterr that in Texas,” he said.
The local housing market certainl y has a lot of groundto recover. New-homw sales in the Dallas-Fort Wortyh area were down 40% for the first four monthw of the year compared to the same period in and salesof pre-owned single-family homes were down 24% duringh that period, according to housing market analyst Davidf Brown, director of the Dallas officw of Metrostudy. There were 4,191 new-homwe closings and 18,442 resales in the area throughu April, he said. Brown expects 2009 sales to traio year-ago numbers for the remaindet ofthe year.
“We do expect to begi to see some modest recovery in terms of transactiond beginningin 2010, assuming we see the nationak economy begin to turn around and we see the jobs picturwe begin to improve,” he said. About 70% of TexasLending.com’s businesxs today is refinancing, compared with 40% to 50% at this time last Miller said. TexasLending.com closes $60 million to $80 million in monthlu loan volume now, or about $850 million annually, Miller said. With the additional employees, Miller’z goal is to reach $3 billion to $4 billion in annuao loan volume in the next five he said.
The company provides residential mortgage loansin Oklahoma, Florida, Michigan, Missouri and Colorado, servicing all of them from the Dallasz office. For the week endinbg May 22, mortgage loan applicatio n volume nationwide wasup 28.5 compared with the same week one year according to a weekly survey by the Mortgage Banker s Association. Refinancings made up 69.3% of the mortgagw activity. Loan volume in Texas was $11.y7 billion in the first quarter of this down slightlyfrom $12.4 billion in 2008, accordingt to the Texas Mortgage Bankers Association statistics.
Mortgage industrhy employment in Texas fell by more thana 30% from 2007 to but has since stabilized, said Scotrt Norman, vice president of the Texa Mortgage Bankers Association. Norman said he’s hears anecdotally that the surge in refinancings is prompting mortgage lenders to add but he did not have specifiv industryemployment numbers. To make room for new employees, TexasLending.coj has signed a lease for 69,0009 square feet in its existingt location at 4100 Alpha Road inDallaas — more than triple the size it currentlu occupies, said Ben Hautt with the commercial real estated firm Stream Realty Partneras LP.
Hautt recently left Stream’s Dallas office to launch the company’ss office in Atlanta, where he is managing TexasLending.com will begin movinyg into its expanded spacein August, aftedr the completion of renovations that are now undet way. After expanding, TexasLending.com will occupy all of the fourth and fifth floor and part of the firsy floor inthe 11-story building, Hautt said. “It’sx an expansion, and today that’z not something you see a lot of,” Haut t said. “They’re thriving in the current economy.
” The 227,000-square-foogt building at 4100 Alphqa Road is part ofThe Centre, an 11-buildint office complex north of Interstate 635 off Midway The asking lease rate for the space is about $16.5p per square foot. Hauty and Stream Realty colleagues Ben Sumner and Chad Henningsrepresenteds TexasLending.com in the lease, and Buddy Tompkinw and Seth Thatcher of commercial real estate firm GVA Cawlety represented the landlord. Hautt said TexasLending.
com searched the marker before deciding to expane within itsexisting

Kjøper CO₂-ekspertise av AGR - Offshore.no

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Kjøper COâ‚‚-ekspertise av AGR Offshore.no Dette er en anerkjennelse av vÃ¥r brede tverrfaglige kompetanse og viser vÃ¥r evne til Ã¥ integrere flere fagfelt i vÃ¥re leveranser, sier Morten og legger til at kontrakten muliggjør en fortsatt utvikling av AGRs kompetanse innenfor Coâ‚‚lagring og ... and more »

The economics of niche - The Business Review (Albany):

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Now hammered by the residential slowdown, the architecturre firm has laid off about 20 percent of its workforcrein Oakland, Irvine and Hawaii offices, reducing stafft from 140 to 110. Domestid billings have dropped between 20 percentr and25 percent, said Ernesto a principal and founder of MVE. "We are seeingh a significant slowdown in domestic said Vasquez. "We have a few projectsd that just shut down in the middleof everything. Just stoppex construction and closed down sales and marketing MVE ishardly alone.
The widely reportesd housing troubles, coupled with fears of a recession, are hurting architecture firms acrossthe country, accordinf to the Kermit Baker, chief economistr for the American Institute of Architects. In the AIA's Architecture Billings Index -- an economicf indicator that provides an approximate nineto 12-month glimpse into the future of constructionj activity -- dropped to its lowest poin since the survey's inception in Baker said. He said the "prognosis for commerciall construction later this year is not favorablse atthis point." "The real test is going to come this summe and fall," he "Most firms have a four- to six-month backlog.
" The shifting economic climatwe is forcing housing-centric designers like MVE to chase internationa jobs and bulk up on institutional work. The firm recently won mixed-usre assignments in Dubai and Cairo and some student housin projectsin California. Vasquez expects the proportiobnof MVE's international billings to doubled from 15 percent to at least 30 Yet for all the national doom and many of San Francisco's most prominenr firms are already diversified and are reporting respectabler growth. San Francisco-based was recently namedd architect for thenew 180,000-square-foot AIA headquarterzs in Washington, D.C.
It has four Universith of California projects on thedrawing boards, including a policr station at UCLA, a neuroscienc building at UCSF and a health and science complex at The San Francisco office of Skidmore Owingas and Merrill, probably the most sought-after American firm workinfg in China, now does 60 percenty of its work abroad, up from abougt 50 percent last according to SOM Managing Partner Gene Most recently, SOM snagged a 3 million-square-fooy project in Hang Hou. Overall, Schnair expectzs SOM's billings to jump 10 percentrin 2008. "Things have not slowed down as you mighrhave expected," said Schnair. "Diversity has reallyg been paying offfor us.
" In additiohn to international diversification, several midsized San Francisco-based firms have benefitedx from having recently expandef into other U.S. markets. and , for both opened New York offices about twoyearsa ago, moves that paid off in a New York Already SMWM has been selected to draft a 20-yea r master plan for , a mastetr plan for Piers 7-12 on Brooklyn'se waterfront and a new Conservatoryt of Music at . And in picked SMWM to design a $100 million, 355,000-square-foot redevelopment on Pier 94 on the Hudsobn River that will be used as conventiomn and tradeshow venue.
"Building a bi-coastal busineszs is something that can safeguard you in aneconomiv shift," said Liza Gregoruy Bass, SMWM's chief administrative officer. "It' s part of balancing operations and being wherw the opportunity andwork are. We want to have a broadr base of clients sothey don't grind to a halt at the same SMWM has also been taking on new internationao assignments, including large urbamn planning projects in Panamas and India. With banks cutting thousands of worker andSan Francisco's financial districtr suffering from negative absorption in the first quartedr of 2008, firms specializing in corporate interior s are also nervous.
's San Francisco office has seen a drop in new corporatdeinterior business, according to Jim Hannon, president of SmithGroup California. But the drop has been more than compensaterby health-care and biotech projects. SmithGroup was recently awarded a sciencd building at UC Merced and is working on the Instituts for Regenerative Medicineat UCSF, as well as on a new $400 millio polytrauma center for the Veterans Administration Hospital in Palo Alto. "Wer may have seen a little softeniny in that group in termsof leads, but we'rew very busy in the other areas," Hannobn said. "Every single work station is full, and we just orderesd two new ones.
Everybodt is worried, and we're no but we just haven't seen it Retail down, community centers up In additiomn to housing andoffice interiors, retailo is an area that typically slows down in Retail specialist Field Paoli has begun to see fewer retail developerds come through the door, according to principal Frank Fuller said already entitled projects are being stallec but "not absolutely stopped." The firm is wrappingh up Palladio at Broadstone in Folsom, a 770,000-square-foot open air mall set to open in the What comes next is hard to say, Fullef said.
"The biggest retail project in the officse is coming toa close, and there is nothing to replacew it," said Fuller. "There are other projectsx coming up, but not as But while the retail ebbs, Field Paoli has score a seriesof public-sectofr jobs, including a community center and schoopl being planned for Emeryville and the Mayfield Community Cented in San Jose. But with state economies like California's facing budgett deficits, it's only a matter of time beforew public-sector work slows down as well.
Kacey development director forField Paoli, said she has seen a 25 perceng drop in the number of requests for proposals issuedr in the western United In the Bay Area, an exception to this has been mixed-usse housing and retail projects built on or BART-owned "What we're all going to be seeing is more mixed-use the transit-oriented development," said Clagett. "Thatr is where institutional capital wants tomake investments.
" Architectas who have toiled through previous down cycles tend to be cautious and Field Paoli has loaned out two of its architects to othedr firms, a common practice among architecture firms as a way to cut costs without losingb valuable designers. SmithGroup's Hannon said the capitap markets are in such disarrauy that he feels any project coul d be postponed or junked atany "We do all very large projects, so if one goes sour you know he said. SOM, which has expandee from about 160 to 200 employeesx during the past few is cozy in its headquarters on the 24th floo of 1Front St. That probablyu won't change any time soon.
"We're a bit cramped rightr now," said Schnair. "Ift we felt really positive aboutt themarket opportunity, we would perhapsw consider taking more space. But we'rw not doing that -- we'rw squeezing people." Dan Huntsman, principal of Huntsman Architecturapl Group, said he is being cautious even thoughhis 70-personn San Francisco office and 20-persobn New York office are both busy enougg to be in hiringh mode. Huntsman said the only sign of a slowdown he is seeing is in the accountsreceivables department. "People are holding onto theitr money," he said. "It's the old adagr -- cash flow is bad, but business is good.
"

Nuti: NCR to save millions with Georgia move - Business First of Buffalo:

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was as much abouty consolidation and cost saving as it wasabouy Georgia’s $60 million incentive package, its demographics, infrastructurs and skilled workforce. The relocation will save the Fortund 500company “tens of millions of over the next NCR chief Bill Nuti told Atlanta Business Chronicler on Tuesday. NCR’s decision to locate in will bring morethan 2,100 jobs including nearlyt 900 to a manufacturing operation in Columbus. That facility, will be NCR’d first manufacturing plant in the United State s sincethe 1970s. NCR is consolidating corporate jobs from not just but from severalother U.S. locations, Nuti said, declining to disclose the cities.
NCR will continue to emploh less than 50in Dayton, whers it will maintain a data centere and sales and service operations. Atlanta’s academic institutions also helped win the NCR The company views schoole like as a potential labor pool and a partner for jointt innovationand development. The region’s relativeluy robust economy, its supply chain logisticss infrastructure andcorporate base, also helped win NCR “We looked at all of thes e factors and Georgia scored amongs the highest of all states,” Nuti Atlanta also got a little help from the economicallyu depressed Midwest. “Recruitment has been difficult in Nuti said.
NCR’s move to the Southeast was also promptedby “At the end of the day we really were a compant that was widely dispersed.” Nuti Since NCR’s 1997 spin-off from AT&T, “the company was everywhere and The company needed to consolidate into a single campuss to improve collaboration and he said. NCR’s executive offices, however, will remain in Nuti confirmed. “That center surrounds our largest and most majo r customers in the worlcd in thebanking industry,” he said. “That’xs where we host many of our customers in the financialkservices base.
”