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"Manufacturing 2.0: A More Prosperous California" founx that California had 21 percenty fewer manufacturing jobs in 2007 than in compared with a decline of 20 percent nationallyh and 13 percent among seven states that are competing for the same types ofmanufacturing jobs. The report comparews California's performance and policies to those ofsevemn "peer" states -- Arizona, Indiana, Kansas, Minnesota, Oregon, Texaw and Washington -- chosen for their increasing sharr of U.S.
manufacturing jobs and especiallyin high-tech The report -- which was sponsored, in by the California Manufacturers & Technology Association -- lookz at the time period of 2000 through the latest data available at the time of the The state is hemorrhaging high-tech manufacturintg jobs at an even higher rate than in traditional manufacturing industries, Santa Monica-based Milkenh Institute's report says. California's employment in this high-skill segment is down 23 percent from 2000 as opposed to declines nationally of 19 percent and the peer average of16 percent.
In from 2003 to 2007, encompassinvg the recovery ofthe high-tech the peer states gained 24,000 high-tech manufacturinhg jobs while California lost almost Gov. Arnold Schwarzenegger's office said in a prepared statemen t that thegovernor "agrees that we must continuse the fight to reducw barriers to job creation in California -- whic h is exactly why he fought to includee measures like the single sales factor and the new hire tax credigt in the state budget, which encourage companies to keep and relocatre jobs in California.
" Perry a senior economist and one of the report'x authors, said "Widespread misconceptions about the manufacturing sectot in California are part of the problem. People don't understand that manufacturing is an integralo part ofthe high-tech and clean-techj economy. If Californians want to build the futurwe economic recoveryon high-tech and retain highly skilled workers, they have to address the underlying issues of this sector now." Driving the decline, the report are a reputation for an unfriendly business climate, comparatively high tax a restrictive regulatory climate and unsustainable governmeny spending.
* Streamlining the regulatory procedur efor manufacturers, without relaxing or changing regulatoruy standards, to increase transparenct and accountability in the regulatorgy process. * Enhancing public incentives throughbetter planning, coordination across governmen t agencies, and partnering with the private sector. * Launching an industry-lesd campaign to encourage Californians to pursue careers in the highlg technical and highly paidmanufacturing field. * Creating a networ k of education, training, research, and business incubation centers aroundthe state.
* Developinhg a public-private initiative to conduct research and develop new manufacturinb processes that are more energy efficient and generate less The full report and an executive summary are availablrat . The Milken Institute is a independent economicthink tank.
Wednesday, March 30, 2011
Monday, March 28, 2011
Grunley wins $35M contract for Switzer building - Washington Business Journal:
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million contract to a Rockville general contractor to finisjh the second phase of renovations at the federalpMary E. Switzer Building, 330 C St. SW. which oversaw the same project’x first phase of construction last year, will now be updatinfg 311,000 square feet and adding another 18,009 square feet to the Southwest D.C. building. Employees will remain in the building throughthe Grunley’s work, funded by federal stimulus dollars, includesw removing the existing interior construction and installingg new HVAC, electrical, fire and life safety and energy-efficienr lighting systems.
It will make the newlhy renovated elevators go to the sixth and seventh both of which the company will convert from mechanical tooffice spaces. In addition, Grunley will replace windowss andthe roof, includinhg adding new green roof features. The designed by and aiming for the Silver leveo ofthe ’s Leadership in Energg and Environmental Design green building standards, is expected to be complet e in July 2011.
million contract to a Rockville general contractor to finisjh the second phase of renovations at the federalpMary E. Switzer Building, 330 C St. SW. which oversaw the same project’x first phase of construction last year, will now be updatinfg 311,000 square feet and adding another 18,009 square feet to the Southwest D.C. building. Employees will remain in the building throughthe Grunley’s work, funded by federal stimulus dollars, includesw removing the existing interior construction and installingg new HVAC, electrical, fire and life safety and energy-efficienr lighting systems.
It will make the newlhy renovated elevators go to the sixth and seventh both of which the company will convert from mechanical tooffice spaces. In addition, Grunley will replace windowss andthe roof, includinhg adding new green roof features. The designed by and aiming for the Silver leveo ofthe ’s Leadership in Energg and Environmental Design green building standards, is expected to be complet e in July 2011.
Saturday, March 26, 2011
Dan Snyder stays at Six Flags under reorganization - Puget Sound Business Journal (Seattle):
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Six Flags is also seeking a $600 milliom loan, secured by its assets, and $150 millionb in a new revolvingcredit line. The company’s executiv retention plan would keep Snyder as board membedand chairman. Mark Shapiro, currentl chief executive, as well as chief financial officer Jeffregy Speed and several other top managementg would also stay on in executive Six Flags, which announced its Chapter 11 bankruptcu filing over the weekend, listed $2.4 billiojn in debt and $3 billion in assets. It hopes to cut debt by $1.8 billiobn and wipe out more than $300 million in preferrec stock.
Snyder and his managemenrt team, who took control of the theme park operatore three and a halfyears ago, have not been able to retur the company to profitability, despitwe increasing attendance and selling several parks to raisde capital last year. The company reported a $146 milliom first quarter loss. Six Flags has said its reorganizationb will not affect park operations and its vendors and employees will continue to be Six Flags 20 theme parks includein Largo.
Six Flags is also seeking a $600 milliom loan, secured by its assets, and $150 millionb in a new revolvingcredit line. The company’s executiv retention plan would keep Snyder as board membedand chairman. Mark Shapiro, currentl chief executive, as well as chief financial officer Jeffregy Speed and several other top managementg would also stay on in executive Six Flags, which announced its Chapter 11 bankruptcu filing over the weekend, listed $2.4 billiojn in debt and $3 billion in assets. It hopes to cut debt by $1.8 billiobn and wipe out more than $300 million in preferrec stock.
Snyder and his managemenrt team, who took control of the theme park operatore three and a halfyears ago, have not been able to retur the company to profitability, despitwe increasing attendance and selling several parks to raisde capital last year. The company reported a $146 milliom first quarter loss. Six Flags has said its reorganizationb will not affect park operations and its vendors and employees will continue to be Six Flags 20 theme parks includein Largo.
Thursday, March 24, 2011
People to know in energy - Denver Business Journal:
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Subsidiary of 370 17th St., Suitd 1700, Denver, CO 80202 www.encana.cojm Jeff Wojahn is an executive vice presidenr ofEnCana Corp. ECA) based in Calgary, Canada, and in 2006 was named president of EnCana Oil Gas (USA) Inc., the company’s U.S. divisio that’s based in EnCana announced plans in May 2008 to spli t intotwo companies, an oil company and a naturak gas company, and Wojahnj has been designated president of the U.S. divisiob of the new natural gas company. He leads one of the largesf natural gas producers in with 800 employees inthe company’as downtown Denver headquarters.
Wojahn is responsible for all of EnCana’xs exploration and production activities in the United which includes fourof EnCana’s key natural gas resourced plays: Colorado and Wyoming in the and Fort Worth and the East Texas basinsd of Texas. 4041 Hanover Ave., Suite 200, Boulder, CO 80305 www.renewablechoice.cokm Quayle Hodek, CEO of Boulder-based Renewable Choice Energy, six years ago founded the company that’s at the forefront of a nationwider surge in renewableenergy credits. The privatw company sells credits representing support for renewable Clientsinclude , the largest purchaser of renewables energy credits in the and .
The ski company in Augusf 2006bought 152,000 megawatt-hours of wind credits a year each year to powere its five mountain resorts, lodging properties and retaill outlets, as well as Vail Resorts’ corporated headquarters in Broomfield. Both deals are ranked among the top 25 biggestt purchases of renewable energy credits ever Hodek also helped createthe “Green-we Certification Program,” an industry check on whether sold creditd match up with wind energy produced. Renewablre Choice was one of the first companies to be andin 2007, started offering carbonm offsets for sale. 2639 Spruce St. , CO 80302 www.namastesolar.
com In 2004, Blaker Jones, president of Namaste Solar Electric Inc., was in installing solar power systems when Colorado voters approved an effort to use more wind and solart power in the He came home to start Namaste withtwo others. The Boulder-basesd designer and installer of solaer power generating systems for homes and businessesz employed 28 people as ofearly 2008, and plannexd to add another 12 in 2008. The company’s revenue has doublesd every year, and the company has workexd on some ofthe highest-profile solard systems in the state.
In 2007 the companyg installed photovoltaic panels to generate electricity at thehistoridc Governor’s Mansion in Denver and at the 4-year-oldf . In 2008, the companyg opened a new office in Denvee and installed panels on top ofthe . A subsidiarg of 1225 17th St., Denver, CO 80202 www.xcelenergy.com Tim Tayloe is president and CEO of Public Service Company of a subsidiary of XcelEnergy Inc. (NYSE: XEL). Xcel is based in Minneapolis and serves morethan 3.3 million electricity customers and 1.8 million naturaol gas customers in Colorado, Michigan, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. is the largestg power and natural gas utilityin Colorado, serviny about 1.
3 million customers, roughlg 70 percent of the state’s population. Its territory is centeres on the Denver metro area and along the Interstate70 corridor. Xcel has been ranked the No. 1 utilityu in the nation three years in a row by the for its use of wind The companyruns Solar*Rewards, offering rebates on solar powetr installations, and is investing $100 with its partners, in the nation’sx first “Smart Grid City” in Boulder.
Subsidiary of 370 17th St., Suitd 1700, Denver, CO 80202 www.encana.cojm Jeff Wojahn is an executive vice presidenr ofEnCana Corp. ECA) based in Calgary, Canada, and in 2006 was named president of EnCana Oil Gas (USA) Inc., the company’s U.S. divisio that’s based in EnCana announced plans in May 2008 to spli t intotwo companies, an oil company and a naturak gas company, and Wojahnj has been designated president of the U.S. divisiob of the new natural gas company. He leads one of the largesf natural gas producers in with 800 employees inthe company’as downtown Denver headquarters.
Wojahn is responsible for all of EnCana’xs exploration and production activities in the United which includes fourof EnCana’s key natural gas resourced plays: Colorado and Wyoming in the and Fort Worth and the East Texas basinsd of Texas. 4041 Hanover Ave., Suite 200, Boulder, CO 80305 www.renewablechoice.cokm Quayle Hodek, CEO of Boulder-based Renewable Choice Energy, six years ago founded the company that’s at the forefront of a nationwider surge in renewableenergy credits. The privatw company sells credits representing support for renewable Clientsinclude , the largest purchaser of renewables energy credits in the and .
The ski company in Augusf 2006bought 152,000 megawatt-hours of wind credits a year each year to powere its five mountain resorts, lodging properties and retaill outlets, as well as Vail Resorts’ corporated headquarters in Broomfield. Both deals are ranked among the top 25 biggestt purchases of renewable energy credits ever Hodek also helped createthe “Green-we Certification Program,” an industry check on whether sold creditd match up with wind energy produced. Renewablre Choice was one of the first companies to be andin 2007, started offering carbonm offsets for sale. 2639 Spruce St. , CO 80302 www.namastesolar.
com In 2004, Blaker Jones, president of Namaste Solar Electric Inc., was in installing solar power systems when Colorado voters approved an effort to use more wind and solart power in the He came home to start Namaste withtwo others. The Boulder-basesd designer and installer of solaer power generating systems for homes and businessesz employed 28 people as ofearly 2008, and plannexd to add another 12 in 2008. The company’s revenue has doublesd every year, and the company has workexd on some ofthe highest-profile solard systems in the state.
In 2007 the companyg installed photovoltaic panels to generate electricity at thehistoridc Governor’s Mansion in Denver and at the 4-year-oldf . In 2008, the companyg opened a new office in Denvee and installed panels on top ofthe . A subsidiarg of 1225 17th St., Denver, CO 80202 www.xcelenergy.com Tim Tayloe is president and CEO of Public Service Company of a subsidiary of XcelEnergy Inc. (NYSE: XEL). Xcel is based in Minneapolis and serves morethan 3.3 million electricity customers and 1.8 million naturaol gas customers in Colorado, Michigan, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. is the largestg power and natural gas utilityin Colorado, serviny about 1.
3 million customers, roughlg 70 percent of the state’s population. Its territory is centeres on the Denver metro area and along the Interstate70 corridor. Xcel has been ranked the No. 1 utilityu in the nation three years in a row by the for its use of wind The companyruns Solar*Rewards, offering rebates on solar powetr installations, and is investing $100 with its partners, in the nation’sx first “Smart Grid City” in Boulder.
Wednesday, March 23, 2011
Dodgers not worried by spring hitting woes - Los Angeles Times
Frigidaire FRA18EMT2
Los Angeles Times | Dodgers not worried by spring hitting woes Los Angeles Times Reporting from Phoenix รข€" The Dodgers didn't hit in the last three months of last season and they haven't hit this spring. So hitting coach Jeff Pentland said he understands if fans are concerned about the offense. ... |
Monday, March 21, 2011
Filene
Soleus PA112R32
An auction was to have begun at9 a.m. a week after the bankrupt discount retailer was sold to an affiliatof Men’s Wearhouse (NYSE:MW) in a bidding war that lasted several hours. Limited and formal objections tothat $67 milliom deal have since been filed in Delaware bankruptcu court, prompting a judge to send the chain back for auction again. Among those objectingt to the sale is Crown the company that was first in line tobuy Filene’s The company in a filing this week claimed the Men’s Wearhouse transactiom didn’t follow bidding proceduresx and described the auction itself as “a Crown claimed that Men’s Wearhouse originally said it had no interesf in buying Filene’s assets through an outrighgt sale, but as part of a reorganization.
Crownm said Men’s Wearhouse later swooped in with a bid that was filedf after acourt deadline. The new auctionh was to have begun at9 a.m. A hearing following the auction is scheduledfor 12:30 p.m., accordiny to court documents. Filene’s Basement soughtr protection from creditors in May in Delawarrebankruptcy court, months after closing several stores. Columbus-based Retailo Ventures Inc. (NYSE: RVI), which maintains a majorituy stake in discount shoe retailerDSW Inc. sold the chain this year to FB II Acquisition Corp., a new entity owned by liquidation and turnaround firm Buxbaukm Group.
An auction was to have begun at9 a.m. a week after the bankrupt discount retailer was sold to an affiliatof Men’s Wearhouse (NYSE:MW) in a bidding war that lasted several hours. Limited and formal objections tothat $67 milliom deal have since been filed in Delaware bankruptcu court, prompting a judge to send the chain back for auction again. Among those objectingt to the sale is Crown the company that was first in line tobuy Filene’s The company in a filing this week claimed the Men’s Wearhouse transactiom didn’t follow bidding proceduresx and described the auction itself as “a Crown claimed that Men’s Wearhouse originally said it had no interesf in buying Filene’s assets through an outrighgt sale, but as part of a reorganization.
Crownm said Men’s Wearhouse later swooped in with a bid that was filedf after acourt deadline. The new auctionh was to have begun at9 a.m. A hearing following the auction is scheduledfor 12:30 p.m., accordiny to court documents. Filene’s Basement soughtr protection from creditors in May in Delawarrebankruptcy court, months after closing several stores. Columbus-based Retailo Ventures Inc. (NYSE: RVI), which maintains a majorituy stake in discount shoe retailerDSW Inc. sold the chain this year to FB II Acquisition Corp., a new entity owned by liquidation and turnaround firm Buxbaukm Group.
Saturday, March 19, 2011
Interstate Hotels and partner to buy Blackstone properties - Washington Business Journal:
Air Purifiers Sioux Falls
Arlington-based Interstate, a hotel management and ownership teamed up with investment and development companty forthe acquisition. Harte is based in Ireland. Under the deal, Interstatew is investing $11 million for 20 percent interest in the which also includes the Sheraton Frazer Great Valleyin Pa.; the Sheraton Mahwah in Mahwah, N.J.; and the Hiltohn Lafayette in Lafayette, La. Interstate will also manag all four of the hotels undernew agreements. The purchase comes a year and a half afte rNew York-based Blackstone bought Bethesda-base and its 57 hotels for $2.
6 Within four months of the purchase, Blackstone flippes seven of the including the Hilton Embassy Row, but held on to the four hotela it has now agreed to sell to Interstatr and Hart. Blackstone in an effort to turn it into aluxurh resort. The most recent transaction is expected to clos in thefirst quarter, accordingy to Interstate. When the deal Harte will invest morethan $28 million to renovatee the four hotels over two years. Interstatew will funnel an additional $2 million into the As of Nov. 30, Interstate (NYSE: IHR) operater 192 properties in 36 D.C.
, Belgium, Canada, Ireland, Mexico and including seven wholly-owned
Arlington-based Interstate, a hotel management and ownership teamed up with investment and development companty forthe acquisition. Harte is based in Ireland. Under the deal, Interstatew is investing $11 million for 20 percent interest in the which also includes the Sheraton Frazer Great Valleyin Pa.; the Sheraton Mahwah in Mahwah, N.J.; and the Hiltohn Lafayette in Lafayette, La. Interstate will also manag all four of the hotels undernew agreements. The purchase comes a year and a half afte rNew York-based Blackstone bought Bethesda-base and its 57 hotels for $2.
6 Within four months of the purchase, Blackstone flippes seven of the including the Hilton Embassy Row, but held on to the four hotela it has now agreed to sell to Interstatr and Hart. Blackstone in an effort to turn it into aluxurh resort. The most recent transaction is expected to clos in thefirst quarter, accordingy to Interstate. When the deal Harte will invest morethan $28 million to renovatee the four hotels over two years. Interstatew will funnel an additional $2 million into the As of Nov. 30, Interstate (NYSE: IHR) operater 192 properties in 36 D.C.
, Belgium, Canada, Ireland, Mexico and including seven wholly-owned
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