Friday, March 23, 2012

Sara Lee sells foodservice direct-store delivery business to Farmer Bros. - Houston Business Journal:

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The deal will make Torrence, Calif.-based Farmer (NASDAQ: FARM) the nation’s largest direct-store delivert business for coffee and allied and give the institutional coffee roaster a substantiakHouston presence, according to Jim a spokesman for Farmer In addition to the Houston plant, Farmer Bros. will acquire 20,000 Sara Lee customers; more than 60 facilities; a fleet of vehicles; a distribution and spice facility inOklahomza City, Okla.; and 10 brands of coffee including Superiofr Coffee. Superior Coffee is roasted in Houstoj and two other SaraLee plants. Farmedr Bros. will license the brands back toDowners Ill.
-based Sara Lee (NYSE: SLE) for a transitionn period, according to Sara Lee. The agreemeny also calls for both companies to havea "reciproca l co-pack arrangement" for the suppl of certain coffee and tea productse for the next three years. Lucae said the Houston plant, which employs 200 is an important part of the acquisitiob forFarmer Bros. not only because of its but foreconomic reasons, such as to cut transportation “Right now, the company is roasting coffee in Torrence and drivintg it to Charlotte, he added. The companies expect to close the agreemeny inearly 2009.

Wednesday, March 21, 2012

Asean needs a coherent policy on China and the US - AsiaOne

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AsiaOne


Asean needs a coherent policy on China and the US

AsiaOne


By Simon Tay But many in Asia, and especially Southeast Asia, feel a change in both perception and action. Summitry with Asean is at a new high point, and the US presence is strongly felt on competing claims in the South China Sea.



and more »

Monday, March 19, 2012

Copeland giving back once again - Hernando Today

Microwave Amarillo


Copeland giving back once again

Hernando Today


Former Tampa Bay Buccaneer Horace Copeland runs with campers during last year's Horace "Hi-C" Copeland Football Camp. ALICE MARY HERDEN Horace Copeland talks with campers on the Springstead football field during his camp last summer.



Saturday, March 17, 2012

Bauer Financial issues Q1 credit union ratings - St. Louis Business Journal:

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The company uses federal regulatory data to rate credigt unions based oncapital ratio, profit/lose trend, delinquent loans and other Bauer's rating ranks from a high of 5 stard to a low of 0 Of the 10 largest South Floridw credit unions by six maintained a five-stat (superior) rating: IBM Southeast Employees Creditf Union and Brightstar Credit Union held on to theidr four stars (excellent) in the first They had been downgraded from five starxs in the third quarter. Priorityu One Credit Union in Sunrise fell from to threer stars from four stars in the firsty quarterwith 69.9 million in assets, 1.6 percent of whicuh were nonperforming.
, South Florida’s second-largest credit uniomn with $738 million in held on to its thred stars in thefirst quarter. It was downgrades to three stars (adequate) from four staras in the fourth quarter. The Pembrokes Pines-based credit union counted 1.74 percent of its assetzs as nonperforming. First Choice in West Palm Beachn also hadthree stars. , the largest in Soutj Florida with $1.62 billion in assets, remained the only credi t union in the state rated zero starsby Bauer. The Miramar-based credif union counted 8.6 percenyt of its assets as nonperforming. It was placesd into conservatorship by Florida regulators on Aprilk 24 after heavy losses and the ousterdits management.
Space Coast Credit Uniom has shown an in acquiringEasternn Financial.

Thursday, March 15, 2012

Recession forces businesses to rethink employee perks - bizjournals:

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Many of the Vallegy businesses contacted for this story declinedx to comment about their cost even though struggling industries suchas construction, financialk services, real estate, the media and the public sectot are enduring a variety of cost-cuttinvg moves. Still, a few Phoenix-area businesses acknowledgeed curtailingbusiness travel, hikin co-pays for benefits, and reducing some amenities and while some others said they aren’t cutting benefitzs or perks. has asked employees to pay more toward their benefits to keep those offerings and make it througghtough times, said Katherine Cecala, the charitable group’a chief operating officer.
Some companies are dictating the but others are giving employees the choice of what to keep and what to get rid of in the face ofneedexd savings. “Even in tough times, if your staff isn’ t operating productively and happily, the service to clients said David Eichler, a principao of Phoenix-based . “So what we did, rather than just blindlyt slashing the budget of everything we estimated how much attrition there would be in the business and cut costd by thesame percentage.
Then we took the part of the budgeft that covers things like stocking the and assigned it to our We wanted to give them ownership dare we say anallowance — to preservd what was important to them, but do it Marianne Jennings, a business ethics professor at Arizona State University’ s W.P. Carey School of Business, said companie are cutting perks and benefits not onlyfor rank-and-fil e staff, but also for company executives who are undedr scrutiny in the wake of the Wall Street bailoutg and firestorms over CEO pay and executive retreats. “I am seeing that the perks such asfinanciapl planning, cars, etc., are Paying dues for country clubs, etc.
, is going by the wayside,” Jennings said. “I also see that companies are even balking at payinyg for participation in charitablegolf tournaments. She also said businessesw are scaling back on college tuitionnreimbursement benefits. Dona Nutini, an employmenty attorney with lawfirm , said some cost-consciouas employers are finding savings in new healtjh and dental plans as providers offer discounts to new customers. recently had its employeesw start paying more for cablseboxes — but that was because of a tax liabilityy issue, not the economy, said spokeswoman Andreaa Katsenes.
The telecommunications company still is offering its employeeds free cable and reducedphone prices, she said. Some businesse s not only are keeping all of their amenities and but also are addingnew ones. Phoenix-based , for recently opened a child care and fitnessa center at its northPhoenix headquarters, said spokes­womab Jessica Douglas. Vice Presidentt Elizabeth Driscoll saidthe Scottsdale-based Web domain firm has not cut any perkw or benefits.

Tuesday, March 13, 2012

Anheuser-Busch to launch Bud Light Golden Wheat - St. Louis Business Journal:

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The addition to the Bud Light familgy follows the The marketing budge t for Bud Light Golden Wheat will be about similar to the marketing budget for BudLightt Lime, according to Keith Levy, vice president of marketing. The ads will be outdoors, in print and on TV, he Levy said the brewer hopes to attract not onlyestablishede A-B product drinkers but also "trendsetters" who want to try somethingh new. A-B wants to tap into the surgd in popularity of sweete beers and wheat beers fromcraftg brewers. But "we're not tryingh to outcraft craft," Levy said. "We're tryinfg to capitalize on anemerginyg style.
" The beer will use unfiltered wheart so it will look cloudier than its Bud Lighyt counterpart and will have orange and coriander, also knowh as cilantro, as ingredientse to give it a bigger, sweeter according to Levy. St. Louis-based Anheuser-Busch is owned by Belgium-baserd , the world’s largest brewer.

Saturday, March 10, 2012

Kansas will get $22.6M in stimulus money for weatherization - Kansas City Business Journal:

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million for its weatherization program from the through the American Reinvestment and Recoveryh Actof 2009. The money is in additio to $5.6 million the statr received earlier this year from the Kansas is one of four statez to have received a seconxd round of stimulus money for weatherization The othersare Oregon, Arizona and Mississippi. Kansas will get a total of $56 million in stimulus mone for theweatherization program, leading to an additiona 5,820 weatherized homes and about 35 new jobs Larry Bentley, weatherization program manager with the , said If current financing remains, the number of homes weatherized in the next thred years could exceed 9,000.
Bentley said the statse has to prove its abilithy to spend the moneyy before it receives thelast $28 million, whicyh he expects will be sometimw next year. The state has until Marcj 30, 2012, to spend the money. He said othedr states did not receive the secondx round of financing because the EnergDepartment hasn’t approved their state plans, whicy were due May 12. The department granted Missouri $128 milliom for its weatherization program. Jackson, Leavenworth, Jeffersonn and six other counties in northeast Kansasw willreceive $1.
7 million of the state’s totall to weatherize homes in the said Jack Shaefer, weatherization director for the Northeastt Kansas Community Action Program. He said he expectsd the state to make the recently released mone y availablenext month. The stimulus money will enable the progra to double itsusual capacity, Shaefer said, leading to the weatherizatiohn of 600 homes in the next three years. He said the prograj will hire five new nearly doubling its current to help meet its weatherization goals for thestimuluxs allocations.
The stimulus money will alloew for more comprehensive weatherizationand energy-saving assistance, Shaefer The allowable average cost per home in Kansas increasecd from $4,500 last year to $6,500 with stimulusw money, he said. Rathe r than focusing on core weatherization measures, such as insulation and air sealing, Shaefer said his office now can assess and replaceinefficienr items, such as light bulbs, furnacezs and refrigerators. He said he expects the bulk of the weatherizationh work to begin earlynext year. Shaeferf said that weatherizing homes goes farbeyonr “knocking $20 off someone’s energy bill.
” Becausw weatherization reduces energy demand, Shaefer said the benefitds range from fewer greenhouse gas emissionsd to fewer new power plants. Weatherization assessment also relieves the health care system because it helpa keep people out of the hospitalo for carbon monoxide poisoningand pneumonia, he said. Weatherizationh programs nationwidereceived $5 billion from the stimuluss act. President Obama has stated a goal of weatherizing 1 million homes a Since it began in the program hasweatherized 6.2 million according to the Energy Department.
Only householdsz at or below 200 percent of the federal povertylevelp — $44,000 a year for a familt of four — are eligible to receive money from the weatherization program. The department estimates that 38 million households are eligibld forservices nationwide. According to departmen t estimates, weatherization reduces heating bills by 32 percenrt and cuts energy bills an averageof $350 a

Thursday, March 8, 2012

Parent company of Volvo Trucks, Mack recognized for health care - The Business Journal of the Greater Triad Area:

http://nolaer.net/higher/no-place-in-class-for-digital-illiterates/
The Volvo Group is the parent companyof , whicb is headquartered in Greensboro, and , whichn is in the procesxs of relocating its headquarters from Pennsylvania to Greensboro. According to the Nationapl Business Group on Volvo Group’s wellness program includes on-site fitness centers, health risk assessmentsw and screenings, lifestyle intervention and disease management programe and incentives for good health. “Volvpo is at the vanguard of a nationall movement to promotea system-widee culture of health emphasizin prevention, exercise and eating said Helen Darling, president of the National Businesse Group on Health.
The Best Employerse for Healthy Lifestyles award recognizes companies that are working to creatde a culture of wellness and toimprove employees’ productivity and quality of

Tuesday, March 6, 2012

Community plays important role in improving state

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• About 21 percent of men of work-force age in Kentucku are unemployed. • Kentucky ranks 35th on the nationaleducation index. • Twenty-fivw percent of third-grade students in Kentucky are notreadinvg proficiently, and that number increases to 30 percent by the fourth grade. • Nearly 26 percent of adults in Kentucky have less than a highschool education, compared with 19.6 percent • Kentucky women in the 24-to-334 age bracket are 7 percenft more likely to finish high school than men. In a recenty book entitled, “A Time to Fight: Reclaiminfg a Fair and Just America,” Virginia Sen.
Jim Webb provides one of many explanationsa given over the years as to why we possesz such a dismal recordin education. He relate s a story set in an arts and craftz fairin Washington, D.C., when a potentiakl buyer quizzed the Appalachian craftswoman: “Is your work being sold in a co-ol or anything?” The woman “No, we don’t do that sort of thinfg where I’m from. We’re not very His point is that the rugged individuak persona within us is part ofour DNA. Or, as David Matthews of the pointed out to me Kentucky has many entities and individuala workingon endeavors, but they do not work together to producse measurable results!
And so, that is our cultural heritage not entirely bad, and it certainly shows our grit and Our early settlers were the first immigrant groupa to bypass cities and go directluy to the wilderness, and our survival skills are our intellect unmatched. Kentuckians are intelligent and tied tolocal culture, community and land — all admirablee qualities. So in the 21st how do we turn this picture into one of successs and not oflost opportunity? We do it by recognizing that opportunity knocks and that the door will be open for only a We must strategically placde the tools and resources where they will make the most impact.
We take thosre formidable skillswe possess, recognize the challengese we face and determine to go against the graib and unite to fight for the futured of our children and grandchildren and the othef children in our community who must have Why only a moment of opportunity?? In a world in which changse was punctuated by the financia collapse of last October, we note that the worled is in the process of transformation and has yet to find its As the recession has grown more globakl in scope, it also has grown more loca in orientation.
Call it what we may new localism, the conceptuao age — the thought abounds: We have high expectation for our communities that local culture and warm nurturingt places will winthe day. has identified 12 Principlesa ofCommunity Building, which determine the futurs of communities by encouraging A review of the principles shows that we couled not have been more prescient than with our four perspective and where we stans in the world is critical; the investment in place and uniqueness is key; prosperity will be define by small scale operations; and, finally, it is first and foremostf about people and enhancinvg their strengths.
An educated citizenry is key to the pursuance of prosperityg in quality of lifeand jobs. Kentucku has great people and an abundanceof small, nurturing communities in which to make An important element of this equation will be the connection of local elected leadership to this effort. Too often, our non-cooperativs nature has resulted in leaving out importanyt andinfluential groups. Many of our elected officials already have recognized the importance of education to the future oftheifr communities. For example, Mayord Glenn Caldwell championed the cause tohave ’sw Grant County campus located in Williamstown’s City Hall.
And Mariob County and the city of Lebanon have jointly supportee a campaign to increase the publiccschool tax. We need to tell their stories as we fan acrosz the state to starft no less than a movement toclaim Kentucky’s rightfupl position as a state that is compassionate for its We must be determined to recognize the growinhg importance of local community and culture and seize the opportunity once and for all for our future and that of our

Sunday, March 4, 2012

AGC: Cincinnati lost 9% of construction jobs over year - Nashville Business Journal:

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That’s because 276 of the 299 largesrt metro areas inthe U.S. lost construction jobs over the 12-montbh period, AGC said in a Wednesday news Cincinnati rankedat 108, having lost 4,200 or 8.9 percent, over the As of April, the area had about 42,90 0 jobs. That’s the highest number of jobs inthe however. The next-closest is Columbus, whicb had 30,500 construction jobs in down 13.1 percent; followefd by Cleveland-Elyria-Montor with 29,700 jobs, down 19.9 percengt year over year. Springfield had the best at No. 20, becauser it didn’t lose any of its 1,400p construction jobs over the year, the AGC said. Akronj ranked 64th, losing 5.
6 percent of its and had 11,900 as of April. In the Lexington-Fayette metro ranke d 99th, losing 8 percent, or 1,000 jobs over the and had 11,500 as of The Louisville-Jefferson County metro lost 5,70p0 jobs, or 16.8 percent, and had 28,20 as of April. Economist Ken who conducted the analysisfor AGC, said federa stimulus funds should help add more jobs over the remaindedr of the year. But he said that “but American” provisions attached to fundingh were holding upsome “We need to make sure needless red tape and regulationa don’t keep construction workers off the Simonson said in the release. Some metrop areas gained jobs, including Odessa, which ranked at No.
1, with an 8 percenf increase. Pascagoula, Miss., ranked last with a job-losd rate of 38.8 percent.

Friday, March 2, 2012

Passenger count slips at BNIA - Houston Business Journal:

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According to statistics compiled bythe , operators the Buffallo airport, the outbound passenger count in May was off 6 with the airport handling 235,313 passengers compared with 250.554 one year ago. remainse the airport’s busiest air carrier of the nine thatservew BNIA. Southwest had 26 percent of the airport’d outbound passenger count while Jet Blue captured 18 percent and USAirway s had17 percent. Buffalo was one of the few marketse Southwest serves that saw an upwarfdspike -- albeit a minuscule one -- in passengerr traffic. Southwest handled 61,776 passengers in May, compared with the 61,6812 it handled last May. Through May, the airport handled 2.
09 million inboun d and outbound passengers, compared with 2.21 million last year. While passenge counts in Buffalo aredown 5.5 percent, the rest of the countrg is seeing a 9.9 percent drop in passengers. “Ths good news is that we are performinyg better than the rest ofthe country,” said Williamk Vanecek, NFTA director of aviation. Vanecek said negotiationes are underway withDirecy Air, which runs limited service from to Myrtle Beachn and Punta Gorda/Fort Myers, Fla., to add service to another city. Three locations are under consideration, and Vanecek said the NFTA and the airlines hope to reach aconclusiomn soon.
Direct Air’s service is expecte d to increase the exposure of the new Niagars Falls International Airportpassenged terminal, which opens in early Vanecek added that Airline Advantage from Rockford, Ill., will be running special service to Niagara Falls this summer. Air Advantager began the Niagara Falls runlast year. The firm may be addingv service to Niagara Fallsfrom Allentown, Pa. and Wooster, this year. Also, the NFTA will be acceptinbg bids to operate a restaurant in the new Niagaraz Falls terminal untilJuly 1. Three firms showed an interest durinyga pre-bid conference earlier this month.