Monday, January 28, 2013

Gerberding helped steer CDC through new era - Atlanta Business Chronicle:

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“I had hyperactive empathy gene,” said the former directof of the . “I rescuee the blind bunny, injured bird, sick Some young girls go to GirlsScoutr camp; Gerberding was more interested in lookin at things through a microscope and playing with a chemistryt set, she said. That set Gerberding, 53, on a course that wouldd lead to her heading upthe nation’s larges t health-care organization — seeing it througu tremendous global growth, a threat of national terrorism and an unprecedentef reorganization. Gerberding is being honoredf with the 2009 LifetimeAchievement Health-Carew Heroes award for her service to the communitt and the nation.
A South Dakota nativew and infectiousdisease expert, Gerberdinv was named CDC director in 2002. She joinedx the Atlanta-based agency in 1998 as director of the Divisionn of HealthcareQuality Promotion, where she developeed patient safety initiatives and other programs to prevenrt infections, antimicrobial resistance and medical errorx in health-care settings. Before that, Gerberdintg headed the Prevention Epicenter, an infectioj prevention program for patients atthe , San Gerberding may have had her biggest impac on health care while at , part of the UCSF said Dr. Julius Krevans, former dean of schook of medicine and chancellor atthe university.
A youn faculty member, she helped create protocolss and plans on how employers shouldd deal responsiblywith HIV-infected he said. The and the federal governmenr eventually adopted the same Krevans said. Gerberding was thrust into the spotlight when she took the reinds of the CDCin 2002, shortly following 11. “Here’s an infectious disease doc who came up througjh the ranks to run one of thebiggest health-care organizationsz in the world,” said Tom Bell, CEO of , a personakl friend. “In my opinion, she’s takenb some very tough stances.” Gerberding’s tenure was not withouty criticism.
Detractors felt she sacrificed science for politicsa in theBush administration, particularlty in allowing her congressionap testimony on global warming to be stricken. Gerberdinhg helped change the CDC from beint a great research and investigative system to an organizatiom with a wholenew mandate, includin dealing with bioterrorism threats, Bell said. To make the CDC more Gerberding set out to restructure and reorganize the operation also nosmall feat, said Kent C. Nelson, retired chairman and CEO of and honoraru board member of the nonprofitCDC “It would have been very easy to do business as Nelson said.
And Gerberding got “sa fair amount ofopposition” about the restructuring. She wasn’tt required to restructure the CDC, Nelson said. “She did it becausee she wanted to makeit better.” The CDC is a national treasure “but it’s not really appreciated until an outbreaik of swine flu or an anthrax attack,” said Gerberding, who left the CDC post in And government agencies must be able to adjusty more quickly to crises and not just deal with a problem in isolation, she said. “Julie was a good agen t at a time thatdemandex change,” said U.S. Sen. Johnny who met Gerberding during her nominatiomn tothe CDC’s top job.
“She will have a lasting legacy.” Gerberding, who has formed a consulting firm to continue workinbg onpublic health-care issues, said she is most proud of “thde incredible leaders thathave including interim director Dr. Richard Besser, whom she “Watching him on TV is wonderful and seeing how his leadershi phas matured,” said Gerberding, who is also writing a book abourt health. Gerberding also felt she helped foster a spirigt of learning atthe CDC. Gerberdingv will be remembered not only for heraccomplishments — dealinbg with global expansion, bioterrorism threats and restructuring at the CDC, but how she handlee them, Bell said.
“That’s a balancing act that very few peoples couldpull off,” he said.

Wednesday, January 23, 2013

Cousins Chairman Tom Bell retiring - Kansas City Business Journal:

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Gellerstedt will remain the Atlanta-based real estate investment trusty said. Bell, who turns 60 this became Cousins CEO in Januarhy 2002 and chairman inDecember 2006. Under his watch, the company sold nearly $3 billion in assetw during the market’s peak for special dividendsa totaling $12.62 a share. “There is never a perfectf time to leave a company as respected and admireedas Cousins, but I’m confidengt that after seven and a half years as chief executive, the company is ready for new leadershio and renewed energy,” Bell said in a statement.
“Mu decision to step aside now allows our extremelt talented management team under the guidance of Larry to make important decisions that will prepare Cousins for the next phase of the real estate Bell remains deeply involvedin Atlanta’s cividc life. He has been instrumental in the effort to save fromfinanciapl ruin. The movement began over dinne r in early 2007 when the table conversationbof A.D. “Pete” Correll, former CEO of , and Bell turnedx to Grady. Through their leadershi and donationsfrom , ’s $5 million, and . "I thoughy he had big shoes to fill when he took since he was replacingTom Cousins," said Hal founder of Barry Real Estat e Cos.
"Since then, he's done an absolutely fantastic job for that Andwhat he's done for the city and metro Atlanta have just been over the top. I hope he doesn'tf give up some of his efforts that have meanr so much to theAtlanta community. I just admire the heck out of Gellerstedt, 53, came to Cousine (NYSE: CUZ) when the REIT bought his , in June 2005. Gellerstedt servedr as chairman and chief executive officer of the from 1986to 1998. In after the sale of Beers to , he was elected chairma and CEOof , a packaging and printed offic products company. In 2000, Gellerstedt became presidenr and chief operating officerof , an urbamn mixed-use development company.
He went on to found The Gellerstedt Groupin 2003. In other company Cousins’ board of directors namesd S. Taylor Glover non-executivs chairman of the board. Glover joined the Cousins boardc inFebruary 2005. He is currently the presiden t and chief executive officerof

Thursday, January 17, 2013

Six Flags, former Elitch Gardens owner, files for Chapter 11 - Triangle Business Journal:

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The board of Six Flagss (OTCBB: SIXF) voted last week to begibn reorganization proceedingsin U.S. Bankruptcy Court for the District of The company listed assetsof $3.03 billion and debtd of $2.36 billion in its Cascade Investments, the investment firm for Microsoff founder Bill Gates, owns 11.1 percengt of the voting securities in New York-basedf Six Flags, the largest share, bankruptcy documents Six Flags has 97.7 million shares of commonb stock and 1.1 million shares of preferred stock. "Th current management team inheriteda $2.
4 billio debt load that cannot be sustained, particularly in theses challenging financial markets," said Mark Shapiro, president and CEO of Six in a statement. "As a we are cleaning up the past and positioning the companyg for futuregrowth ... Followintg a record year of performancein 2008, which complete the three-year turnaround of our system-wide park this action to cleanm up the balance sheet paves the way for a full revivalk of the company," Shapiro said. Elitchn Gardens had operated for more than a century at a northwestDenvefr site. The old Elitch Gardens shut down in and a new version of the amusemenyt park opened a year later indowntown Denver.
The local Gurtler familyg and its financial partners sold the new park to Premier Parks Inc. in 1996 for $65 million. It becamwe Six Flags Elitch Gardens two years when Premier acquired SixFlags Inc. and changed its corporatee name toSix Flags. Six Flags sold off Elitch'a and other properties in 2007 in a series of transactionas that left the Denver attraction in the handas of CNL Income Properties a real estate investment trustt basedin Orlando, Fla. CNL reportedly paid $312 milliojn for the properties. CNL arranged for Parc Managementf LLC of Florida tomanage Elitch's.
Six Flags now operates abouyt 20 North Americanamusement

Sunday, January 13, 2013

Mountain Wheels: Subaru's Legacy, Crosstrek offer mountain versatility - Summit Daily News

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Mountain Wheels: Subaru's Legacy, Crosstrek offer mountain versatility

Summit Daily News


True-blue Subie oldsters know the feeling, and I guess they love that kind of thing รข€" especially when you have to do the trip in a foot of fresh snow. That's where the Crosstrek's 8.7 inches of clearance and its bulletproof continuous all-wheel drive ...



and more »

Saturday, January 12, 2013

It's official: 15 General Motors dealers in Colorado to lose franchises - Denver Business Journal:

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It was the first definitive statemen of exactly how many GM dealerd in the state were informed thay will lose their franchised agreementsin 2010. The Coloradok Automobile Dealers Association previously had estimated the numbeer at 13 to 15 based on reportsxfrom dealers. GM still is not releasing the namexs ofthe 1,323 dealers it planas to drop nationwide, including the 15 in Colorado. The informationm came in a list released by the Housde Energy andCommerce Committee's Subcommittee on Oversight and based on information provided by GM. Executives of GM and Chrysler, which plans to shed 14 Colorado dealers, testified before Congresas about their dealerplans Friday.
GM's car lines includ Chevrolet, Pontiac, Buick, GMC, Cadillac, Saab, Satur n and Hummer. It has some 6,000 dealerships nationwide. Letterxs sent in mid-May to GM dealers the companhy plannedto drop, a copy of whicgh was obtained by the Denver Businesd Journal, said the automaker reviewed each of its sales volume, profitability, capitalization, locationh and facilities along with other "market . "Based on our revies and current and foreseeable marketg conditions andyour dealership's historica l performance, we do not see that GM can have a productive businesd relationship with [name of over the long term," said the letter, dateed May 14.
About 92 of Colorado's 264 auto dealerships sell one or moreGM lines, said Tim Jackson of the state auto dealers group. Additional dealers may lose theirfranchisea later, GM has

Friday, January 11, 2013

NCDOT awards $103M in federal stimulus work - Philadelphia Business Journal:

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million to be spent in the Gov. Bev Perdue’s office announced Friday. The 17 projects, whicu total $102.8 million, stretch across 21 counties aroundthe state. Two othere resurfacing projects, one on I-440 in Wake County and one on U.S. 64 in Nash and Edgecomb counties, will be awarded if the low bidder demonstrated that it hasmet “good faith effort” requirementzs in attempting to reach the disadvantaged business enterprise goals set forth in the contracts. The slow economy translated into quite a discount for The bids received on all 19 economic recoveryu projects came in nearly 25percent -- or about $36.7 million -- below NCDOg estimates.
Work on all contracts will stargt in late June orearlh July. • Resurfacing and shoulder reconstructionon 3.8 miles of I-540 between I-40 and U.S. 70 in Wake and Durham The $2.2 million contract was awarded toof Raleigh. The projectg is scheduled to start as earlu as July 7 and is slated for completiohn byMay 27, 2010. • Resurfacingy 11 miles of I-40 from west of Morganh Road in Johnston County to the SampsonCountgy line. The $2.2 million contract was awardedd toof Wilson. The project is scheduled to begib as early as July 13 and should be completexdby Nov. 15. Resurfacing 23.2 miles of U.S. 64 between the Franklin-Nash Countgy line and Winstead Avenue inNash County. The $3.
3 milliobn contract was awardedto S.T. Wootejn Corp. The project is scheduled to start as earlg as July 13 and will be completedby Nov. 15. The Federaol Highway Administration estimates thatevery $1 million spenf on transportation creates 30 jobs. The department also awarder contractsworth $63 million for seveb non-stimulus projects, but none of thosse are in the Triangle. NCDOT will receives a total of $838 million in stimulus money, including $735 million for highwaty and bridge projects.

Wednesday, January 9, 2013

NACA to add more than 1,000 jobs in Charlotte - Charlotte Business Journal:

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The hiring will beginn immediately, with the national nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income Gov. Bev Perdue announced the expansion Thursday, with the statee giving NACA a $1 million grant from the One NorthjCarolina Fund. It plans to invest more than $4 milliobn here, with 1,014 jobs expected to be added over the nextfive years. “North Carolina remains a stronf presence inthe U.S. finance sector, and this is a tremendouxs opportunity forthe Charlotte-area,” Perdue said. “Oufr top-rated business climate and skilledr financial-services work force are attractive to growingnationao operations.
” NACA is headquartered in Boston and operates more than 40 officesx nationwide. It currently employs about 100 workers in Mecklenburt County to originate and process mortgage Underthe five-year state incentiv e agreement, the organization plans to add 550 jobs The jobs will pay an average annuapl wage of $35,982. Salaries will range up to $80,000 The hiring will focus on mortgage negotiators, customer-servic representatives, call-center managers and mortgage “NACA is excited that it’s puttin more than 1,000 people to work durin these tough economic NACA Chief Executive Bruce Markzssaid Thursday.
“Today’s announcement is more than just a soundsbite — we are following througbh on this investment by holding a jobs fair tomorrow to hire 550 people Perdue said Thursday that she consulted with formerd Bank of America Corp. Chairman Hugh McColl Jr. about the McColl has been a longtime supporterof NACA’ s work. BofA began a partnership with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billio n to its lending program. Perduwe says McColl confirmed to her that he expected NACA coulsd follow through on its job commitments in severaolphone conversations.
“When someone beginws something like this in italways grows,” McColl said in an interviea Thursday. “They’ll come in and find this is a good plac tofind (a work force). I woulfd hope it would be an eruption of not justtrickle down.” The groupl claims it will be the largesft number of people hired immediately in one area and the larges t job commitment in the country since the mortgagw crisis began in 2007. The hirin g comes as NACA embarks on a nationwide Save theDreakm Tour. Marks says the added jobs are crucial as NACA leadsz its campaign to makemortgages affordable.
Hundreds of NACA staff will provide long-term solutions for homeowners with anunaffordable mortgage. “Charlotte continues to be attractiv e because of ourknowledgeable financial-services work force and we welcome NACA’e investment in North Carolina,” N.C. Sen. Dan Clodfelter said in a release. NACA’xs Counseling Center is in the Charlotte East officd park off Albemarle Road between Centralk Avenue and FarmPond Lane. “Charlotte continuew to be recognized as a leadetr in financial services with a talented and experiencefdlabor force,” says Charlotte Chamber Chairman Tim Belk.
“Ws are pleased to welcome NACA to the communitu and look forward to the investment in jobs and presence they will bring to ourEast side.” The chamber assistesd NACA in its expansion Charlotte East owner Roger Kellogg, principal of , and leasing director Eric Speckmam have worked closely with NACA since 2007, when the nonprofirt established a small office in the park. NACA has legally bindinbg agreements with all themajoer lenders/servicers to restructure the mortgages they The NACA agreements cover more than 90 perceng of homeowners with an unaffordable The staff from the Counseling Centere in Charlotte will travel nationwide to work on Save the Dreamj events where more than 25,000 people are counseler over four days, with thousands receiving affordable restructurefd mortgages with permanent interest rated often at 4 percent, 3 percenty and 2 percent and where necessaryt the principal reduced.
The organization, started in has the primary goal ofbuilding strong, healthy neighborhood nationwide through affordable homeownership. NACA operations include financialp counseling, specialized mortgage services and a Home Save program for homeowner with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Frida y and Saturday at its Charlotte Counseling For more information about Neighborhoode Assistance Corporationof America, includin employment opportunities, go to www.naca.com.

Monday, January 7, 2013

Fla., Orlando again tops in foreclosures - The Business Journal of the Greater Triad Area:

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The state posted 58,931 foreclosure filings includingdefault notices, scheduled auctions and bank repossessione — in May, down 8.8 percent from April’ss total, but still 50 percent higher than May according to RealtyTrac’s monthly Foreclosure Market Report. Only California had a highere total, with 92,249 properties with May 2009 foreclosure filings. The Sunshine State was No. 3 in the natiob in foreclosure rates, with one in every 148 householdd receiving a foreclosure filingin May. Nevada led the country with one in everu 64 homes receivinga filing, while Californiaz was second highest with one in every 144. The Orlando-Kissimmew market took the No.
8 spot among the nation’x top 10 metro areas with the highestforeclosured rates. The area recorded a rate of one foreclosured filing for every101 homes. Florida had three citie among the top 10metro areas, while California had six citiesw among that mix. Las Vegas topped the list with a rate of one in everyh 54 households getting aforeclosure filing. 321,480 foreclosure filings were reportedin May, whichg is 6 percent lowerr than April 2009, but about 18 percen t higher than May 2008. One in every 398 U.S. homesw received a foreclosure notice last Vermont again recorded the lowest numberof foreclosures, with six reportec in May, or one for every 51,907 households. The RealtyTrac U.S.
Foreclosure Markert Report provides the total number of propertiezs with at least one foreclosure filing reportedf duringthe month. Data is collecte d from more than 2,200 countiex that account for more than 90 percent ofthe nation’se population.

Saturday, January 5, 2013

Comstock Partners gets rights to develop Wiehle Avenue Metro station site - Washington Business Journal:

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Comstock will build a 2,300-space garage, includint 40 kiss-and-ride spaces and multiple commuterbus Comstock’s long-term development rights are expectecd to include office, residential and retaik built atop the new Metro parking “It is a pleasur to have the opportunity to work side by side with Fairfaxd County and the Reston community on this firs of its kind public-private development in said Christopher Clemente, Comstock’s managing “We share the vision of Fairfax County and the Restobn community for this important transitt oriented mixed use development and will work diligentlg to ensure that Reston Station is a proud addition to the Resto n community.
” The U.S. Department of Transportationb this yearcommitted $900 million in federal funding for Metrorai l extension along the Dulles Corridor. Constructionj is now underway on the Tysons Corner portion of Phasre I ofthe extension. When completed, the new Silveer Line will run west from the East FallsChurcg Metro, station with four stops in the Tysonas Corner area planned. The Whiele Avenu station in Reston will be the finapl stop inPhase 1, which is expectexd to be completed in late 2013. Phasew II will continue the Silver Line on to Dulleds International Airport andLoudoun County.

Friday, January 4, 2013

Some forego LEED, still practice sustainability - San Francisco Business Times:

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So, many developers pass on the council's Leadership in Energt and EnvironmentalDesign program, or LEED, and opt instead for less-stringeny green design and construction. , in its new Cool Springs headquarters, included a "light harvesting that automatically dims or turnxs offinterior lights. The automaker also installeds heating and cooling controls at individual work stations and exteriorr reflective sun shade visors that seasonally adjusrto sunlight. Instead of pursuing LEED-certificatiom and absorbing theadditionalp cost, Nissan used the money to restore a 2.5-acre wetlane nearby.
Nissan's move to forego certificationb reportedly disappointed buildingcouncil officials, but it highlightedc the fact some companies and developers don't view LEED certificationh as essential. Rob Traynham, Nissan's directoe of corporate services, said foregoing certificationm let Nissan concentrate not only on preservingthe wetlands, but improvingy them "to create a pleasing environmenty campus-wide for the workers and the community-at-large.
" "Thse building is a highly certifiable design," Traynham "We just don't see the valuw [of LEED certification] for the plaque on the LEED-certification comes only after specific ratingf system requirements are met. Depending on the level, certificationh can call for recycled carpets, high-efficiency landscaped roofs and high-tech water filtration systems. The greenj building council says LEED-certified buildings generallg cost 1 percent to 2 percenty morein up-front costs, while other estimates put the certification as high as 5 percen more.
But James Qualk, director of LEED-facilitation sales at 'e Sustainable Solutions Group, says a LEED-certified building doesn'g have to cost more than a conventional building. "I don't know how buildin g owners can afford not topursuew LEED-certification once (they) include the considerations of cost-of-ownership or life-cycld costs," Qualk says. "Thes reduction in energy consumption and water use and the increasse in worker productivity and reduced absenteeisjm speakfor themselves." Green in general, is graduallyu gaining favor in Nashville.
Sustainable elements are evident with projects such as Morgan Park PlacePhas II, where nine units are being considered for LEED gold certificatiohn and one is being considered for platinum, the highest Other sustainable projects include the Tennessee Association of Realtors the Metro Parks' Shelby Bottoms Naturse Center and Lipscomb University's Ezello Center for Biblical Studies. J. Mark West, principal and foundef of Nashville-based Exoterra Solutions, whicj focuses on sustainable design, says there's still plenty of room for "There are smaller companies with modest resourcedsdoing LEED," says West, who is consultiny on The Acropolis.
"Whil e Nissan's efforts are commendable, the fact the companhy passed on attempting LEED proves the green buildingg community still has more educating of the publicto

Tuesday, January 1, 2013

System Source buys Hunt Valley HQ for $7M - Baltimore Business Journal:

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The company went to its landlord, Chicago-based FR) earlier this year to ask for a new or to buy the System Source CEO Robert Roswelol said inan interview. First Industrial agreefd to sell. System Source, which runs technolog y training classes, now owns the 72,000 square feet of flex space at 330-338 Clubhouse Lane in the Hunt Valleybusinese district. It leases about 20,000 square feet of the spacwe to Chesapeake Manufacturing and is looking for a tenantr for a vacant Roswell said. System Source is the building’sx fourth owner since the company moved into the space seve nyears ago, he said. Its firsgt landlord was Columbia’s Rouse Co.
, which was later acquire d by now-bankrupt Chicago firm (NYSE: GGP) in 2004. General Growtuh sold the building to First Industrialin 2005. Real estate firm LLC, through Vice President David Paulson, negotiatef the transaction. The sale closed Marc h 31, Roswell said.