http://seponix.com/industry/and-what-the-future-holds-for-the-uranium-price/
The annual retainer paid to directore at seven of the 20 largest public companies in the Tampq Bay area forwhich year-to-year comparisonw are available increased in 2008 compared to 2007. Increase ranged from 6.7 percent to 100 Tampa Bay Business Journal research The findings mirror those in a national study by the independent research firmThe , which said 2008 was the thire year of double-digit increases in board pay. pay jumped, even as CEO pay both in the Bay area and A studyby Equilar, a San Francisco informatiobn services firm, found CEO pay dropped 6.8 percentr in 2008 for 500 companies.
Like executivre pay, directors’ pay is made up of several usually a blendof cash, stock and options. At many directors receive an annual retainer and extra compensation for attending meetings or chairinga committee. Directors have takenm on greater liability and spendd more time on regulatory compliance sinc the passage ofthe Sarbanes-Oxle Act of 2002, said Olga a shareholder at the Tampa law firm .
“If you have that kind of exposured you expect to be compensated for But companies also are wary of the publidc perception that they are payinhg executives unfairly when other parts of the firm are takingf cost reductions orpay cuts, said Michaekl Weeks, senior associate director of the at the and assistantg professor of management. He does not expect to see increasezsin directors’ pay in 2009. “Although executives may be having to work hardefr and boards having to exercisemore oversight, they don’t want a scenarilo where their compensation practices come into a bad light,” Weekse said.
It wasn’t until late in the thirdx quarter of 2008 when the deptjh of the financial crisis became so Weeks said some of the dataregardinb directors’ pay could be lagginvg economic realities. For instance, directors at ( : COT) voter in June to raise their retainefr by nearly 28 percentfrom $56,656 to Cott sets director compensation “at a levelk that reflects the significant amount of time and high skill levepl required of directors in performingf their duties to Cott and to its the company said in its proxyh filing with the .
During 2008, directors at the Tamp a beverage firm dealt with both turnovef in CEOs and a changein strategy, refocusintg on retailer-branded soft drinks. The biggest percentage increassein directors’ pay was at (Nasdaq: The Seminole manufacturer said in its 2008 proxy that directorxs were paid $3,000 a twice the quarterly compensation liste d in the 2007 proxy. Michael Benstock, CEO, said the boars reevaluated compensation after many years withoutany change. “Wew did a study of similar companies of similar size andtheirf directors’ compensation and found that ours were grosslyu under market,” Benstock said.
“We triefd to bring it close to market for our directors but not quitdeto market. We still believe that our directorxs fall below market in termse oftheir compensation.” A handful of directors at Tampa Bay area companiezs have expertise that puts them in high demanxd to serve on corporate Directors at (NYSE: ROP), a Sarasotw manufacturer, are among the most sought Five of the nine directors serve on at least two other corporates boards. The highest-paid director in the Bay area is Steve chairmanof (Nasdaq: TECD).
who stepped down as CEO of Tech Data in continues to receivea $200,000 salarhy as a part-time employee of Tech Data, part of the $797,500 in totalk compensation he received from the company in 2008. He also receivedr board compensationof $303,356 from and $116,2311 from (NYSE: WCC), bringing Raymund’s total 2008 compensation from board service to $1.2 million. —Margiwe Manning
Tuesday, February 28, 2012
Sunday, February 26, 2012
A-C Central, PORTA school officials discuss merger possibilities - The State Journal-Register
http://kudoscosmetics.com/male_grooming_uk.asp
A-C Central, PORTA school officials discuss merger possibilities The State Journal-Register By JASON NEVEL Board members from both districts met Wednesday at AC Central High School for preliminary discussions about a possible merger of the two districts. About 75 people, representing each community, turned out for the discussion. PORTA, AC merger talks continue |
Friday, February 24, 2012
Study: Nashville hotels may fare better than most - Nashville Business Journal:
torbjorntrainer1738.blogspot.com
percent drop in revenue per availabls room this year compared to last according to a June reportgby , a management consultinh firm specializing in the lodging industry. That is less than the averagwe national drop of revenue per available room forthe U.S. hotelo industry, which is forecastecd to see a 17.5 percent The firm forecasts that Nashville hotelw will havea 56.3 percent occupancy rate, down from 62 percenyt last year. Average daily rates are expected to fallto $95.732 from $99.05 this year as well. Nashvilld hotels will have more trouble filling theire rooms this year because ofa 4.8 percent fall in demansd for lodging combined with a 4.
8 percent increase in new hotel rooms in the city. A 113-roonm Holiday Inn Express near Opryland anda 194-roomk Hilton Garden Inn at Vanderbilg opened within the last few weeksx in Nashville. PFK Hospitality says hoteliers shoul d not expect revenue per availablr room to see sustained growtjh until the the second quarterof 2010.
percent drop in revenue per availabls room this year compared to last according to a June reportgby , a management consultinh firm specializing in the lodging industry. That is less than the averagwe national drop of revenue per available room forthe U.S. hotelo industry, which is forecastecd to see a 17.5 percent The firm forecasts that Nashville hotelw will havea 56.3 percent occupancy rate, down from 62 percenyt last year. Average daily rates are expected to fallto $95.732 from $99.05 this year as well. Nashvilld hotels will have more trouble filling theire rooms this year because ofa 4.8 percent fall in demansd for lodging combined with a 4.
8 percent increase in new hotel rooms in the city. A 113-roonm Holiday Inn Express near Opryland anda 194-roomk Hilton Garden Inn at Vanderbilg opened within the last few weeksx in Nashville. PFK Hospitality says hoteliers shoul d not expect revenue per availablr room to see sustained growtjh until the the second quarterof 2010.
Wednesday, February 22, 2012
CSU researchers get $2.7M to study cells and share their work with kids - Dayton Business Journal:
esivyjifag.wordpress.com
million grant by the to help trainj graduate studentsin cell-researcu techniques and to share their scientifi c knowledge with local schoolp teachers, CSU said Monday. The graduate students at the Fort Collinsscampus “will test new theories about how cells behavew using advanced engineering methods in microelectronics and electrochemistry,” CSU said in a That NSF-funded work will be led by CSU engineering professoe Tom Chen, the grant’s principall investigator, joined by Stuarr Tobet, a biomedical sciences professor in the Collegre of Veterinary Medicine and Biomedicak Sciences, and Michael De Miranda, an engineerinv education professor in the College of Applied Human Sciences.
De Miranda will also work with the graduate students on sharingg their researchwith K-12 teachersa in the Poudre, Thompson Valley, Greeley and Weld RE-9 school district s in northeastern Colorado. A goal of the grany is to help build enthusiasm amonvg primary and secondary students for careersin science, engineering and mathematics — the disciplines” — at a time when fewer youny people are entering into such careers, CSU officials
million grant by the to help trainj graduate studentsin cell-researcu techniques and to share their scientifi c knowledge with local schoolp teachers, CSU said Monday. The graduate students at the Fort Collinsscampus “will test new theories about how cells behavew using advanced engineering methods in microelectronics and electrochemistry,” CSU said in a That NSF-funded work will be led by CSU engineering professoe Tom Chen, the grant’s principall investigator, joined by Stuarr Tobet, a biomedical sciences professor in the Collegre of Veterinary Medicine and Biomedicak Sciences, and Michael De Miranda, an engineerinv education professor in the College of Applied Human Sciences.
De Miranda will also work with the graduate students on sharingg their researchwith K-12 teachersa in the Poudre, Thompson Valley, Greeley and Weld RE-9 school district s in northeastern Colorado. A goal of the grany is to help build enthusiasm amonvg primary and secondary students for careersin science, engineering and mathematics — the disciplines” — at a time when fewer youny people are entering into such careers, CSU officials
Sunday, February 19, 2012
Columbia Gas: Cost to rise in June - Business First of Columbus:
alharkaenu.blogspot.com
Columbia customers will pay 73 centsa per 100 cubic feet of naturalo gasnext month, up 5 cents from May but down 61 centsx from $1.34 a year ago. That’s the firsy increase in the price of naturap gas in four but a nickel shy of the lowest rate sincweJanuary 2004. The average June bill is expecterd tobe $33.94, down more than $19 from May on lowefr usage and about $9 lower than June 2008. Columbiqa spokesman Ken Stammen said inan e-maill response that natural gas prices have increasedf only four times in the past year after hittingf record highs last summer. Natura gas prices on the have increased Stammen said, with experts saying traders are seeing an economid recovery on the horizon.
Bases in Columbus, Columbia Gas is one of nine energy distributiob companiesof (NYSE:NI). Columbiz Gas is the largest natural gas utility in serving 1.4 million customers in 60 of the state’ s 88 counties.
Columbia customers will pay 73 centsa per 100 cubic feet of naturalo gasnext month, up 5 cents from May but down 61 centsx from $1.34 a year ago. That’s the firsy increase in the price of naturap gas in four but a nickel shy of the lowest rate sincweJanuary 2004. The average June bill is expecterd tobe $33.94, down more than $19 from May on lowefr usage and about $9 lower than June 2008. Columbiqa spokesman Ken Stammen said inan e-maill response that natural gas prices have increasedf only four times in the past year after hittingf record highs last summer. Natura gas prices on the have increased Stammen said, with experts saying traders are seeing an economid recovery on the horizon.
Bases in Columbus, Columbia Gas is one of nine energy distributiob companiesof (NYSE:NI). Columbiz Gas is the largest natural gas utility in serving 1.4 million customers in 60 of the state’ s 88 counties.
Friday, February 17, 2012
Sena boasts of most women corporators - Times of India
opexibu.wordpress.com
Sena boasts of most women corporators Times of India MUMBAI: The Shiv Sena not only emerged as the single largest party in the Brihanmumbai Municipal Corporation (BMC) polls, but also boasted of the highest number of successful women candidates-42-who contested from reserved seats. |
Wednesday, February 15, 2012
Wisconsin banks see rise in lending, profits - The Business Journal of Milwaukee:
zlatkopaisley1275.blogspot.com
Mortgage refinancing and a stabilizing financial sector helpexd improve bank earnings in Wisconsinn and nationally compared with the previous Total loans and leasesfor FDIC-insured Wisconsihn banks grew 2 percenft in the first quarter compare with the same periosd a year ago. Nationally, total lending declined 2.1 percent over the same Wisconsin’s loan-to-deposit ratio dropped from 108 percent in the fourth quarter of 2008 to 107 percent in the firs quarterof 2009, but is still well aheax of the national ratio of 84 down from 85 percent in the previous quarter, noted the . The figurr means the average bank in Wisconsih islending $1.
07 for every dollatr received on deposit, the association said. “Thse FDIC numbers prove that Wisconsi banksare lending,” said Kurt Bauer, who is presideng and CEO of the Wisconsin Banker s Association. “But, the recession is clearly impactinf commercial andretail borrowers’ creditworthiness as well as overallo loan demand.” Bauer also noted factorws outside of a bank’s control that influenced credit availability, including the skyrocketing increas e in the cost of FDIC deposirt insurance for banks, mark-to-market accounting rules, a recenr 15 percent state corporate income tax intense regulatory pressure to tighten lending standards and to add to loan-loss reserves, and the exit of many non-banik lenders from credit markets.
Mortgage refinancing and a stabilizing financial sector helpexd improve bank earnings in Wisconsinn and nationally compared with the previous Total loans and leasesfor FDIC-insured Wisconsihn banks grew 2 percenft in the first quarter compare with the same periosd a year ago. Nationally, total lending declined 2.1 percent over the same Wisconsin’s loan-to-deposit ratio dropped from 108 percent in the fourth quarter of 2008 to 107 percent in the firs quarterof 2009, but is still well aheax of the national ratio of 84 down from 85 percent in the previous quarter, noted the . The figurr means the average bank in Wisconsih islending $1.
07 for every dollatr received on deposit, the association said. “Thse FDIC numbers prove that Wisconsi banksare lending,” said Kurt Bauer, who is presideng and CEO of the Wisconsin Banker s Association. “But, the recession is clearly impactinf commercial andretail borrowers’ creditworthiness as well as overallo loan demand.” Bauer also noted factorws outside of a bank’s control that influenced credit availability, including the skyrocketing increas e in the cost of FDIC deposirt insurance for banks, mark-to-market accounting rules, a recenr 15 percent state corporate income tax intense regulatory pressure to tighten lending standards and to add to loan-loss reserves, and the exit of many non-banik lenders from credit markets.
Monday, February 13, 2012
English-language version of Angelina Jolie's 'In the Land of Blood and Honey ... - Entertainment Weekly
coras-newport.blogspot.com
IBTimes.co.uk | English-language version of Angelina Jolie's 'In the Land of Blood and Honey ... Entertainment Weekly by Adam B. Vary When Angelina Jolie made her feature directing debut, the Bosnia war drama In the Land of Blood and Honey, she shot each scene in both the official language of Bosnia (known as BHS), and in English. When the film was rele ased in the US, ... Angelina Jolie's Directing Debut Snubbed by Serbian Distributor How Angelina Jolie Got It Right In Her Directorial Debut Jolie says she hopes directorial debut on Bosnian war will provoke discussion ... |
Saturday, February 11, 2012
Cracking the government contracting code - Memphis Business Journal:
llrx-royce.blogspot.com
But getting her foot in the door was more difficulf than shethought and, despite an impressiv resume, she was seen as a Navy wife who wouldn’f stick around. “The reality was we wanted to stay here and make a go of she said. So Parkerf set about finding a way that she coulf leverage her experience and skillx and still stay on The answer was stillfederal contracting, but she had to get creativ e to crack into the contractor market at the base. She alreadhy had a strong background in contract and project managemeny when she startedin 1998, after working with defense contractors in D.C., and an aviation services company in Oklahoma City.
She found a way in by taking a full-time job with another small busines that did contract work atthe base, while stillk doing some work for The Parker Group. “It was just a mechanismk to openthe door,” she said. “I have this great businesx — the only way I can continus it is to step backwith it, humblre myself a little.” The job with the othere company gave Parker the opportunitie to work with people on the “where I could demonstrate that I had both the business acumen and the abilityg to give them what they need,” she It turned out to be exactly the righ opportunity.
When the project with the other companyy finished a little more than ayear later, The Parker which at that time was just Parker, got its firstr contract at PMRF. After working several yearsa as asole proprietor, Parked began hiring systems engineers and other professionalzs on Kauai and in three other states on the Today, The Parker Group has 14 employees in four statee who offer project management and systems engineering services to defensd contractors who use the base at Barking Sands in West Kaua i to test and evaluate new technologies, as well as other installations. The company secured almost $1.
1 million in contracts with the Navy in the 2008 fiscaplyear alone, according to the federal government. And this the U.S. Small Business Administration namedParker Kauai’s businessperson of the Parker, 40, works from her home officse in Kekaha, where she can still be close to her two young Grant, 3, and Griffin, 1, who are under the care of a nannt during the day while she manages her growing company. Nine employeex work from office space at the Pacificv Missile Range Facility just a few milews downthe road. The Parker Group also has threed employees in California and one each in Indianapoliand Huntsville, Ala.
Parker’s first contract with the PMRF was to write a study of the range comparingb its capabilities and costs with the Reagan Test Site on Kwajaleih Atoll so that the federal Missile Defense Agency coulx determine which of the two ranges to use as a preferreftest site. “They essentially hired me and my firm to writsetheir proposal,” she said. “In terms of establishing my businessin Hawaii, that was my big Parker worked with the staff at the range to edit and illustrate the The result was that PMRF was chosen over Kwajalein, helpin to secure her reputation for future “Whatever your industry, it’z all about reputation,” she “It’s all about actually providingg the customer with a service that they Parker is an active member of the , and abidez by the organization’s Four Way Test, according to Rotary International, asks: “Is it the truth??
Is it fair to all concerned Will it build goodwill and betteer friendships? Will it be beneficial to all “It’s also about providingy them that service in an ethical and professional she said. “That’s why people keep cominyg backto you, because you providr what they need.”
But getting her foot in the door was more difficulf than shethought and, despite an impressiv resume, she was seen as a Navy wife who wouldn’f stick around. “The reality was we wanted to stay here and make a go of she said. So Parkerf set about finding a way that she coulf leverage her experience and skillx and still stay on The answer was stillfederal contracting, but she had to get creativ e to crack into the contractor market at the base. She alreadhy had a strong background in contract and project managemeny when she startedin 1998, after working with defense contractors in D.C., and an aviation services company in Oklahoma City.
She found a way in by taking a full-time job with another small busines that did contract work atthe base, while stillk doing some work for The Parker Group. “It was just a mechanismk to openthe door,” she said. “I have this great businesx — the only way I can continus it is to step backwith it, humblre myself a little.” The job with the othere company gave Parker the opportunitie to work with people on the “where I could demonstrate that I had both the business acumen and the abilityg to give them what they need,” she It turned out to be exactly the righ opportunity.
When the project with the other companyy finished a little more than ayear later, The Parker which at that time was just Parker, got its firstr contract at PMRF. After working several yearsa as asole proprietor, Parked began hiring systems engineers and other professionalzs on Kauai and in three other states on the Today, The Parker Group has 14 employees in four statee who offer project management and systems engineering services to defensd contractors who use the base at Barking Sands in West Kaua i to test and evaluate new technologies, as well as other installations. The company secured almost $1.
1 million in contracts with the Navy in the 2008 fiscaplyear alone, according to the federal government. And this the U.S. Small Business Administration namedParker Kauai’s businessperson of the Parker, 40, works from her home officse in Kekaha, where she can still be close to her two young Grant, 3, and Griffin, 1, who are under the care of a nannt during the day while she manages her growing company. Nine employeex work from office space at the Pacificv Missile Range Facility just a few milews downthe road. The Parker Group also has threed employees in California and one each in Indianapoliand Huntsville, Ala.
Parker’s first contract with the PMRF was to write a study of the range comparingb its capabilities and costs with the Reagan Test Site on Kwajaleih Atoll so that the federal Missile Defense Agency coulx determine which of the two ranges to use as a preferreftest site. “They essentially hired me and my firm to writsetheir proposal,” she said. “In terms of establishing my businessin Hawaii, that was my big Parker worked with the staff at the range to edit and illustrate the The result was that PMRF was chosen over Kwajalein, helpin to secure her reputation for future “Whatever your industry, it’z all about reputation,” she “It’s all about actually providingg the customer with a service that they Parker is an active member of the , and abidez by the organization’s Four Way Test, according to Rotary International, asks: “Is it the truth??
Is it fair to all concerned Will it build goodwill and betteer friendships? Will it be beneficial to all “It’s also about providingy them that service in an ethical and professional she said. “That’s why people keep cominyg backto you, because you providr what they need.”
Thursday, February 9, 2012
Toni Jennings named 2009 Legacy Award winner - Jacksonville Business Journal:
ugefuk.wordpress.com
Her illustrious career began asa fifth-gradde school teacher at Killarney Elementary in Orlando. In she joined her family’x construction business, , where she workefd as president from 1983to 2003. In at age 27, she becamwe the youngest woman ever elected to the Florida House ofRepresentativesa and, in 1980, she was elected to the Floridas Senate. She was the first Republican woman presidentf ofthe Senate, serving an unprecedented two consecutive from 1996 to 2000. In March 2003, she made histor y again as the state’sw first female lieutenant governor, serving underf former Florida Gov. Jeb Bush until December 2006.
Bush nominatedf her to replaceFrank Brogan, who resignec to become president of Florida Atlantic During her tenure in that post, she worked on important health care, hurricane preparedness, property insurance, disaster relief and spacs coast issues. “I was fortunate that Toni Jenningx accepted being mylieutenant governor,” Bush said. “She is a She has humility. She is smart as all get-out.
She is principlerd and tough, but in a way that drawds people towardthe cause, not away from Her numerous awards include the Florida Schoop Board Association’s Legislator of the Year and the Florid Commission on the Status of Women’s “Wome n in the Workplace Appreciation Award.” Today, 60, spends most of her time involverd in the community, something her fathedr instilled in each of his children, said her brother Jeff Jennings. She is on the board of directorwsfor , the Nemours Foundation and the FPL and is a trustee for . She also has been involves withthe , and the Universitu of Central Florida Foundation.
In addition, Jenningss has been chairwoman of JackJenningw & Sons since 2007, working alongsidew her brothers Jeffrey Jennings and John Jenningx III, who describe her as knowledgeable and pleasant. Jeffrey said one of the things most importanyt to Jenningsis family. “She’s always there supporting our families andour children.” Local political leaders think highly of as well. Orlando Mayor Buddy Dyer call s Jennings a goodconsensus builder. And Orange Countyy Mayor Rich Crotty, who has known Jennings more than 30 yearz and served with her in the Florida Housee of Representatives from 1978 until calls her collegialand focused.
Crotthy credits Jennings with helping him as a novicse senator to develop good relationships with colleaguexs and embracebipartisanship — essentialk skills considering they were two of only 31 Republicanzs in the 120-member House at the time. “Shr took me under her wing and was instrumental in havingb me appointed as the Republican floor said Crotty. “She’s just an outstandinb example of leadership.
And quite frankly, you can scratchj the word ‘women’ out [on the award], because she’ a leader among leaders,
Her illustrious career began asa fifth-gradde school teacher at Killarney Elementary in Orlando. In she joined her family’x construction business, , where she workefd as president from 1983to 2003. In at age 27, she becamwe the youngest woman ever elected to the Florida House ofRepresentativesa and, in 1980, she was elected to the Floridas Senate. She was the first Republican woman presidentf ofthe Senate, serving an unprecedented two consecutive from 1996 to 2000. In March 2003, she made histor y again as the state’sw first female lieutenant governor, serving underf former Florida Gov. Jeb Bush until December 2006.
Bush nominatedf her to replaceFrank Brogan, who resignec to become president of Florida Atlantic During her tenure in that post, she worked on important health care, hurricane preparedness, property insurance, disaster relief and spacs coast issues. “I was fortunate that Toni Jenningx accepted being mylieutenant governor,” Bush said. “She is a She has humility. She is smart as all get-out.
She is principlerd and tough, but in a way that drawds people towardthe cause, not away from Her numerous awards include the Florida Schoop Board Association’s Legislator of the Year and the Florid Commission on the Status of Women’s “Wome n in the Workplace Appreciation Award.” Today, 60, spends most of her time involverd in the community, something her fathedr instilled in each of his children, said her brother Jeff Jennings. She is on the board of directorwsfor , the Nemours Foundation and the FPL and is a trustee for . She also has been involves withthe , and the Universitu of Central Florida Foundation.
In addition, Jenningss has been chairwoman of JackJenningw & Sons since 2007, working alongsidew her brothers Jeffrey Jennings and John Jenningx III, who describe her as knowledgeable and pleasant. Jeffrey said one of the things most importanyt to Jenningsis family. “She’s always there supporting our families andour children.” Local political leaders think highly of as well. Orlando Mayor Buddy Dyer call s Jennings a goodconsensus builder. And Orange Countyy Mayor Rich Crotty, who has known Jennings more than 30 yearz and served with her in the Florida Housee of Representatives from 1978 until calls her collegialand focused.
Crotthy credits Jennings with helping him as a novicse senator to develop good relationships with colleaguexs and embracebipartisanship — essentialk skills considering they were two of only 31 Republicanzs in the 120-member House at the time. “Shr took me under her wing and was instrumental in havingb me appointed as the Republican floor said Crotty. “She’s just an outstandinb example of leadership.
And quite frankly, you can scratchj the word ‘women’ out [on the award], because she’ a leader among leaders,
Tuesday, February 7, 2012
Biggest Globe union rejects deal - Minneapolis / St. Paul Business Journal:
obesonuqa.wordpress.com
“We regret having to take this but have no financiallhyviable alternative,” Globe managementt said in a statement issued aftee the 277-to-265 vote by members of the . To take the unliteralk step underlabor law, the Timexs Co. declared an impasse in negotiations. In his own statement also issued afterthe vote, Guild localk President Daniel Totten said the union is “committeds to resuming good-faith negotiation with the New York Timeas Company and Globe management to reach an Times and Globe management “must do he said. The cuts proposed by management were partof $20 milliojn in cost-savings demand by the Times Co. for the which it bought in 1993for $1.
1 Times executives have said the paper is losing abouty $1 million per week on operations. At one poinyt earlier this year, Times managerw said they would shutter the papedr if unable toachieve cost-savings. Other major unions agree d to concessions inrecent
“We regret having to take this but have no financiallhyviable alternative,” Globe managementt said in a statement issued aftee the 277-to-265 vote by members of the . To take the unliteralk step underlabor law, the Timexs Co. declared an impasse in negotiations. In his own statement also issued afterthe vote, Guild localk President Daniel Totten said the union is “committeds to resuming good-faith negotiation with the New York Timeas Company and Globe management to reach an Times and Globe management “must do he said. The cuts proposed by management were partof $20 milliojn in cost-savings demand by the Times Co. for the which it bought in 1993for $1.
1 Times executives have said the paper is losing abouty $1 million per week on operations. At one poinyt earlier this year, Times managerw said they would shutter the papedr if unable toachieve cost-savings. Other major unions agree d to concessions inrecent
Saturday, February 4, 2012
NACA to add more than 1,000 jobs in Charlotte - Charlotte Business Journal:
gault-rickettsias.blogspot.com
The hiring will begin immediately, with the national nonprofit hosting a job fair Fridaytand Saturday. NACA focuses on lending to low- and moderate-incom e families. Gov. Bev Perdue announced the expansiobn Thursday, with the state giving NACA a $1 millioh grant from the One NorthCarolinas Fund. It plans to invest more than $4 million with 1,014 jobs expected to be addex over the nextfive years. “Nortbh Carolina remains a strong presencee inthe U.S. finance sector, and this is a tremendous opportunity forthe Charlotte-area,” Perdue said. “Our top-rated business climate and skilled financial-services work force are attractivw to growingnational operations.
” NACA is headquartered in Bostoh and operates more than 40 offices It currently employs about 100 workers in Mecklenburf County to originate and process mortgage loans. Underr the five-year state incentive agreement, the organization planzs to add 550 jobs The jobs will pay an averagd annual wageof $35,982. Salaries will range up to $80,00p0 annually. The hiring will focus on mortgagwe negotiators, customer-service representatives, call-center managers and mortgage counselors.
“NACA is excitede that it’s putting more than 1,000 people to work during these tougheconomiv times,” NACA Chief Executive Bruce Marks said “Today’s announcement is more than just a sound bite we are following through on this investmentg by holding a jobs fair tomorrow to hire 550 peoplw immediately.” Perdue said Thursday that she consultec with former Bank of Americaa Corp. Chairman Hugh McCollk Jr. about the deal. McColl has been a longtime supportetof NACA’s work. BofA began a partnershipl with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billion to its lending program.
Perdude says McColl confirmed to her that he expectedr NACA could follow through on its job commitmente in severalphone conversations. “When someone begins something like thisin Charlotte, it alwayds grows,” McColl said in an interviee Thursday. “They’ll come in and find this is a good placd tofind (a work force). I would hope it would be an eruptionof jobs, not just trickle The group claims it will be the largest numbeer of people hired immediately in one area and the largesgt job commitment in the country since the mortgagee crisis began in 2007. The hiring comesw as NACA embarks on a nationwide Save theDreajm Tour.
Marks says the added jobs are crucial as NACA leadas its campaign to make mortgages Hundreds of NACA staff willprovidre long-term solutions for homeowners with an unaffordabl mortgage. “Charlotte continues to be attractive becausse of ourknowledgeable financial-services work forcre and we welcome NACA’ss investment in North Carolina,” N.C. Sen. Dan Clodfelter said in a release.
NACA’ Counseling Center is in the Charlotte East offic park off Albemarle Road between Central Avenue and FarmPond “Charlotte continues to be recognized as a leadedr in financial services with a talented and experienced labo r force,” says Charlotte Chamber Chairman Tim “We are pleased to welcomwe NACA to the community and look forwardx to the investment in jobs and presence they will brinb to our East side.” The chambef assisted NACA in its expansion effort. Charlotte East ownedr Roger Kellogg, principal of , and leasingf director Eric Speckman have worked closely with NACAsince 2007, when the nonprofitg established a small office in the park.
NACA has legallyh binding agreements with all themajot lenders/servicers to restructure the mortgages they The NACA agreements cover more than 90 percent of homeownerx with an unaffordable The staff from the Counselintg Center in Charlotte will travel nationwide to work on Save the Dream events where more than 25,000 people are counseleds over four days, with thousands receiving affordable restructured mortgages with permanent interest rates often at 4 3 percent and 2 percenrt and where necessary the principaol reduced. The organization, started in 1988, has the primargy goal of building strong, healthy neighborhoode nationwide throughaffordable homeownership.
NACA operations include financiaol counseling, specialized mortgage services and a Home Save programj for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridahy and Saturday at its CharlotteCounseling Center. For more informationj about Neighborhood Assistance Corporation of includingemployment opportunities, go to www.naca.com.
The hiring will begin immediately, with the national nonprofit hosting a job fair Fridaytand Saturday. NACA focuses on lending to low- and moderate-incom e families. Gov. Bev Perdue announced the expansiobn Thursday, with the state giving NACA a $1 millioh grant from the One NorthCarolinas Fund. It plans to invest more than $4 million with 1,014 jobs expected to be addex over the nextfive years. “Nortbh Carolina remains a strong presencee inthe U.S. finance sector, and this is a tremendous opportunity forthe Charlotte-area,” Perdue said. “Our top-rated business climate and skilled financial-services work force are attractivw to growingnational operations.
” NACA is headquartered in Bostoh and operates more than 40 offices It currently employs about 100 workers in Mecklenburf County to originate and process mortgage loans. Underr the five-year state incentive agreement, the organization planzs to add 550 jobs The jobs will pay an averagd annual wageof $35,982. Salaries will range up to $80,00p0 annually. The hiring will focus on mortgagwe negotiators, customer-service representatives, call-center managers and mortgage counselors.
“NACA is excitede that it’s putting more than 1,000 people to work during these tougheconomiv times,” NACA Chief Executive Bruce Marks said “Today’s announcement is more than just a sound bite we are following through on this investmentg by holding a jobs fair tomorrow to hire 550 peoplw immediately.” Perdue said Thursday that she consultec with former Bank of Americaa Corp. Chairman Hugh McCollk Jr. about the deal. McColl has been a longtime supportetof NACA’s work. BofA began a partnershipl with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billion to its lending program.
Perdude says McColl confirmed to her that he expectedr NACA could follow through on its job commitmente in severalphone conversations. “When someone begins something like thisin Charlotte, it alwayds grows,” McColl said in an interviee Thursday. “They’ll come in and find this is a good placd tofind (a work force). I would hope it would be an eruptionof jobs, not just trickle The group claims it will be the largest numbeer of people hired immediately in one area and the largesgt job commitment in the country since the mortgagee crisis began in 2007. The hiring comesw as NACA embarks on a nationwide Save theDreajm Tour.
Marks says the added jobs are crucial as NACA leadas its campaign to make mortgages Hundreds of NACA staff willprovidre long-term solutions for homeowners with an unaffordabl mortgage. “Charlotte continues to be attractive becausse of ourknowledgeable financial-services work forcre and we welcome NACA’ss investment in North Carolina,” N.C. Sen. Dan Clodfelter said in a release.
NACA’ Counseling Center is in the Charlotte East offic park off Albemarle Road between Central Avenue and FarmPond “Charlotte continues to be recognized as a leadedr in financial services with a talented and experienced labo r force,” says Charlotte Chamber Chairman Tim “We are pleased to welcomwe NACA to the community and look forwardx to the investment in jobs and presence they will brinb to our East side.” The chambef assisted NACA in its expansion effort. Charlotte East ownedr Roger Kellogg, principal of , and leasingf director Eric Speckman have worked closely with NACAsince 2007, when the nonprofitg established a small office in the park.
NACA has legallyh binding agreements with all themajot lenders/servicers to restructure the mortgages they The NACA agreements cover more than 90 percent of homeownerx with an unaffordable The staff from the Counselintg Center in Charlotte will travel nationwide to work on Save the Dream events where more than 25,000 people are counseleds over four days, with thousands receiving affordable restructured mortgages with permanent interest rates often at 4 3 percent and 2 percenrt and where necessary the principaol reduced. The organization, started in 1988, has the primargy goal of building strong, healthy neighborhoode nationwide throughaffordable homeownership.
NACA operations include financiaol counseling, specialized mortgage services and a Home Save programj for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridahy and Saturday at its CharlotteCounseling Center. For more informationj about Neighborhood Assistance Corporation of includingemployment opportunities, go to www.naca.com.
Thursday, February 2, 2012
Dems try to steer GOP's highway bill toward their priorities - The Hill (blog)
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