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Saturday, January 14, 2012
Thursday, January 12, 2012
Revamp of FKI pays off in new contracts - St. Louis Business Journal:
oryzacody.wordpress.com
Ackerman, president of FKI Logistesx North America, put his restructuring plan in placer 18months ago. The revamp of FKI Logistex, which makea material handling systems, resulted in threr significant contracts within the last few Those contracts includea $22 milliojn deal announced Sept. 14 to upgrade the material handlingh system for theArmy & Air Force Exchangs Service, which operates military base stores, at a facility in Newporrt News, Va. In May FKI Logistex announced it had wona $14.65 million contract to integrate American Airlines' baggage screeninhg system at O'Hare International Airport in Chicago. Its parengt company, FKI PLC, came into the St.
Louis area in 1999 when it acquire PinnacleAutomation Inc., which owned Alvey Systema Inc., a manufacturer of conveyer machinery with localp roots that date back to 1911. At the time of the FKI PLC owned a numbe r of manufacturing companies in the Uniteds States also involved in the material handling including theBuschman Conveyor, Mathews Conveyor and Crisplany Inc. brand names. Ackerman has worked to reorganizde and consolidate eightof FKI'es material handling companies in the United Statesd under the FKI Logistex business and brand since his appointment last year afteer serving as president of Alvey Systems.
In December, Ackermanj reorganized FKI Logistex's business into three main divisions: warehousre and distribution; manufacturing systems operations; and post and parcel operations. The manufacturing operation is based atFKI Logistex'es North American headquarters in Olivette and makess a wide range of including conveyors and palletizers, used to move goods in warehouses and manufacturing plants. As part of the FKI Logistex named Ted Clucass president of FKI Logistex Manufacturing Systems Nortgh Americain St. Louis. The company also hired Dick Braatz last month as vice president of manufacturing forNorthb America. FKI Logistex North Americaq employs 650 inthe St. Louis area.
FKI PLC is a Britisy engineering conglomerate. Its North American operation generated revenueof $1 or 51 percent of the parent company's revenue of $2.1 billiom for the year ended March 31. As part of Ackerman'ss reorganization, FKI Logistex sold its Whitse Systems unit in New Jersey earlier this monthy to a group of managers and ManagemenCapital LLC, a Providence, R.I., investment
Ackerman, president of FKI Logistesx North America, put his restructuring plan in placer 18months ago. The revamp of FKI Logistex, which makea material handling systems, resulted in threr significant contracts within the last few Those contracts includea $22 milliojn deal announced Sept. 14 to upgrade the material handlingh system for theArmy & Air Force Exchangs Service, which operates military base stores, at a facility in Newporrt News, Va. In May FKI Logistex announced it had wona $14.65 million contract to integrate American Airlines' baggage screeninhg system at O'Hare International Airport in Chicago. Its parengt company, FKI PLC, came into the St.
Louis area in 1999 when it acquire PinnacleAutomation Inc., which owned Alvey Systema Inc., a manufacturer of conveyer machinery with localp roots that date back to 1911. At the time of the FKI PLC owned a numbe r of manufacturing companies in the Uniteds States also involved in the material handling including theBuschman Conveyor, Mathews Conveyor and Crisplany Inc. brand names. Ackerman has worked to reorganizde and consolidate eightof FKI'es material handling companies in the United Statesd under the FKI Logistex business and brand since his appointment last year afteer serving as president of Alvey Systems.
In December, Ackermanj reorganized FKI Logistex's business into three main divisions: warehousre and distribution; manufacturing systems operations; and post and parcel operations. The manufacturing operation is based atFKI Logistex'es North American headquarters in Olivette and makess a wide range of including conveyors and palletizers, used to move goods in warehouses and manufacturing plants. As part of the FKI Logistex named Ted Clucass president of FKI Logistex Manufacturing Systems Nortgh Americain St. Louis. The company also hired Dick Braatz last month as vice president of manufacturing forNorthb America. FKI Logistex North Americaq employs 650 inthe St. Louis area.
FKI PLC is a Britisy engineering conglomerate. Its North American operation generated revenueof $1 or 51 percent of the parent company's revenue of $2.1 billiom for the year ended March 31. As part of Ackerman'ss reorganization, FKI Logistex sold its Whitse Systems unit in New Jersey earlier this monthy to a group of managers and ManagemenCapital LLC, a Providence, R.I., investment
Tuesday, January 10, 2012
IDS concierge taps into enviable network of contacts for tenants - Nashville Business Journal:
eragywaqer.wordpress.com
Toth fell into the profession about 17 years ago while working at a hotel to pay for The problem-solving aspect of the work appealed to her too much to leave it, and she soon transitioned into a businesse concierge career track. For the past three she’s tracked down reservations and tickets for tenantxs at theIDS Center, as well as organizecd high-profile events for the center and its Crystaol Court, including the extensive holiday programminy at the end of each year. “I think it takexs a special kind of person to thrive off this energy and Toth said. “There’s a certain skill set that’ s needed.
I’ve just found this job tailor-made for me, and the abilitty to organize nonprofit events isa privilege.” Because of her speedyu work and extensive contacts, some tenants see her as a miraclwe worker. At IDS tenant company , receptionist Bev Wrigh t once asked Toth about getting a room at the Radisson for an Wright had called and been told that an eveng had sold out all of the rooms and nothinhgwas available. After a few phone calls by Toth, Wright not only got a but secured a suite for the price of astandard room. “It was but not surprising, because she’as good at responding in that way,” Wrighrt said.
“She’s excellent to work with, and always shops for the best possible There are some tasks thatToth won’t do. No mattetr how much pleading atenant does, weddin planning is outside her role. But that doesn’y mean she can’t help out by sharing her weddingy resources and helping to book hotepl rooms or get ticketsfor guests. And if she doesn’ t have the contacts, one of her fellow concierges probabl will. Toth has a certification from the , and membershipp in that organization effectively triples her number of she said.
Since a concierge is really only as good as herdigitap Rolodex, that makes Toth a formidabled force, and sometimes she definitely has to draw on that For example, she recalled, there was the tenant who phonedr on the afternoon of Valentine’z Day and wanted to proposw to his girlfriend at a romanticv restaurant. “I was looking at the clock, and ‘This should be a challenge,’ ” she said. “But we put it all and he looked like a rock star to hisnew fiancée. And that’ss what it’s all about, taking care of people, removinfg their stress. Maybe my blood pressure goes sky high for acouple minutes, but it all works out.
”
Toth fell into the profession about 17 years ago while working at a hotel to pay for The problem-solving aspect of the work appealed to her too much to leave it, and she soon transitioned into a businesse concierge career track. For the past three she’s tracked down reservations and tickets for tenantxs at theIDS Center, as well as organizecd high-profile events for the center and its Crystaol Court, including the extensive holiday programminy at the end of each year. “I think it takexs a special kind of person to thrive off this energy and Toth said. “There’s a certain skill set that’ s needed.
I’ve just found this job tailor-made for me, and the abilitty to organize nonprofit events isa privilege.” Because of her speedyu work and extensive contacts, some tenants see her as a miraclwe worker. At IDS tenant company , receptionist Bev Wrigh t once asked Toth about getting a room at the Radisson for an Wright had called and been told that an eveng had sold out all of the rooms and nothinhgwas available. After a few phone calls by Toth, Wright not only got a but secured a suite for the price of astandard room. “It was but not surprising, because she’as good at responding in that way,” Wrighrt said.
“She’s excellent to work with, and always shops for the best possible There are some tasks thatToth won’t do. No mattetr how much pleading atenant does, weddin planning is outside her role. But that doesn’y mean she can’t help out by sharing her weddingy resources and helping to book hotepl rooms or get ticketsfor guests. And if she doesn’ t have the contacts, one of her fellow concierges probabl will. Toth has a certification from the , and membershipp in that organization effectively triples her number of she said.
Since a concierge is really only as good as herdigitap Rolodex, that makes Toth a formidabled force, and sometimes she definitely has to draw on that For example, she recalled, there was the tenant who phonedr on the afternoon of Valentine’z Day and wanted to proposw to his girlfriend at a romanticv restaurant. “I was looking at the clock, and ‘This should be a challenge,’ ” she said. “But we put it all and he looked like a rock star to hisnew fiancée. And that’ss what it’s all about, taking care of people, removinfg their stress. Maybe my blood pressure goes sky high for acouple minutes, but it all works out.
”
Saturday, January 7, 2012
Facebook Fridays: Pertinent And Constructive Edition - GM Authority (blog)
vypybiza.wordpress.com
GM Authority (blog) | Facebook Fridays: Pertinent And Constructive Edition GM Authority (blog) by Alex Luft This week's Facebook Friday is actually not the stunning collection of weird, obscene, or degenerate messages it usually is; in fact, this edition is filled with constructive criticism, real-world problems, pertinent questions, ... |
Thursday, January 5, 2012
FHP Investigation Says Trooper Used Discretion During Traffic Stop - NBC Miami
iqukikofor.wordpress.com
Palm Beach Post | FHP Investigation Says Trooper Used Discretion During Traffic Stop NBC Miami A state investigation has concluded that a trooper who pulled over a City of Miami police officer "used her judgment and discretion afforded to her." Fausto was traveling 120 mph when he passed Watts' vehicle. Watts told investigators that Fausto was ... FHP clears trooper in traffic stop of speeding Miami cop Report on FHP trooper stop in Broward County cites poor communication |
Tuesday, January 3, 2012
Fate of Busch Gardens ranges from staff cuts to status quo to spin-off - Tampa Bay Business Journal:
ra-iwinyro.blogspot.com
Staying on with InBev, the Belgian beer giantr that is buying theirparent company, Cos. Inc., likelhy would mean staff cuts and other cost according to anindustry analyst. An acquisition by another entertainment firm woulr potentially dilute the unique experience of the anotherobserver said. A spin-off of Buscgh Entertainment asa stand-alone public compant could preserve the quality of the themde parks, but it could be a bad time for an initial publifc offering, analysts said. Busch Gardens' fate coulr have a major impact onthe area'zs tourism industry. Visitors to Hillsborough Countyy cite Busch Gardens asthe No.
2 reaso for a trip here, second only to seeing friend sand family, said Steve Hayes, executive VP at Tampa Bay Company. The Tampa park, with 3,769 had 2007 attendance of 4.4 million and was No. 19 on a list of most visitefd themeparks worldwide, according to a report from the and . A companiom water park, Adventure Island in Tampa with555 employees, drew 615,00p0 visitors in 2007 and was No. 16 amonh water parks worldwide, the report said.
InBev, which announcedf Sunday it wouldbuy Anheuser-Busch (NYSE: BUD) for $52 billion in cash, or $70 a share, has not specificallty addressed its plan for the but has said it wouldc finance the deal with $45 billion in including a $7 billion bridge financing from the sale of non-core assetws from both companies. Observers generally agrere that InBevconsiders A-B's themd parks as part of those non-core assets. "Theh [InBev] are interested in the brewing part of the saidJack Russo, an analyst at Edward Jones in St. Louis.
"j would fully expect those parks to be put up for Busch Entertainment includes Busch Gardens Africq and Adventure Islandin Tampa; Buscyh Gardens Europe and Water Countru USA in Williamsburg, Va.; in Orlando, San Antonio and San Aquatica in Orlando; Discovery Cove in and Sesame Place near Philadelphia. Russo estimatedd Busch Entertainment could be soldfor $3 billiob to $4 billion. He said the entertainmen t and A-B's packaging division could draw acombined $5 billioj to $6 billion.
Potential strategic buyers LP FUN), the Sandusky, Ohio-based operator of 17 amusemeng parks andwater parks, and (NYSE: SIX), a New York-basede operator of 20 parks, have high levela of debt and neither is in a strontg financial position to make an acquisition now, said Hayleyt Wolff, an analyst at in Conn. Another option is a financial such as private equitygiant (NYSE: BX), whicbh owns . Merlin's properties are largely in Europe, but it has globak expansion plans that would help it rivalWalt Co. DIS), according to Property Week, a London-base d trade journal. It's possible the Buscn parks could besplit up, said Martin Palicki, editorf of the trade journal InPar Magazine.
Disney might be interested in the parkwin Williamsburg, where it doesn't have a but not the Tampa or Orlando which are closing to existing Disney There's a difference between themr park companies such as Cedar Fair, whicu focuses on thrill rides, and Busc Gardens, which emphasizes conservation and creating environmentxs that lend themselves to experiencexs through animals and nature, Palicki said. Other parkss commonly license intellectual property, while Busch developse its own themes. "It' s one of the things that makesx their parks so special and somethingyou wouldn't want to lose," said Judith Rubin, who edited the 2007 attendancse report.
No one is certaib about the timing ofa deal. With attendance and revenue at U.S. them parks in general potentially dropping this year as a resultg of high gas prices and aweak economy, InBev coulde decide to keep the Busch Entertainmenyt properties for a trying to bolster an eventual sale price by trimmingy expenses, in the same way it has cut cost in its brewing operations, said John managing director of Leisure Business Adviser s LLC in Richmond. Va. That wouldd be a mistake, he "Demoralized and overworked employees affect the experiencse avisitor has," Gerner said. Othersa see room for cost cuts.
Wolff, the Rochdale said theme parks often are not run as efficiently as theycouldc be. The best option Gerner sees is for the Buscnh Entertainment division to be spun off into a publicd company through an initiapublic offering. "Not only do you have individualsd in the company whoare well-qualified and have workerd for the company for a long but you have an ethos, a way of doinv things that has been set up for decades and has been reinforced through a stable environment and has worked very he said. But the market is not good now for any consumetrdiscretionary company, and the equities of publicl traded theme park companies have not been great Wolff said.
Staying on with InBev, the Belgian beer giantr that is buying theirparent company, Cos. Inc., likelhy would mean staff cuts and other cost according to anindustry analyst. An acquisition by another entertainment firm woulr potentially dilute the unique experience of the anotherobserver said. A spin-off of Buscgh Entertainment asa stand-alone public compant could preserve the quality of the themde parks, but it could be a bad time for an initial publifc offering, analysts said. Busch Gardens' fate coulr have a major impact onthe area'zs tourism industry. Visitors to Hillsborough Countyy cite Busch Gardens asthe No.
2 reaso for a trip here, second only to seeing friend sand family, said Steve Hayes, executive VP at Tampa Bay Company. The Tampa park, with 3,769 had 2007 attendance of 4.4 million and was No. 19 on a list of most visitefd themeparks worldwide, according to a report from the and . A companiom water park, Adventure Island in Tampa with555 employees, drew 615,00p0 visitors in 2007 and was No. 16 amonh water parks worldwide, the report said.
InBev, which announcedf Sunday it wouldbuy Anheuser-Busch (NYSE: BUD) for $52 billion in cash, or $70 a share, has not specificallty addressed its plan for the but has said it wouldc finance the deal with $45 billion in including a $7 billion bridge financing from the sale of non-core assetws from both companies. Observers generally agrere that InBevconsiders A-B's themd parks as part of those non-core assets. "Theh [InBev] are interested in the brewing part of the saidJack Russo, an analyst at Edward Jones in St. Louis.
"j would fully expect those parks to be put up for Busch Entertainment includes Busch Gardens Africq and Adventure Islandin Tampa; Buscyh Gardens Europe and Water Countru USA in Williamsburg, Va.; in Orlando, San Antonio and San Aquatica in Orlando; Discovery Cove in and Sesame Place near Philadelphia. Russo estimatedd Busch Entertainment could be soldfor $3 billiob to $4 billion. He said the entertainmen t and A-B's packaging division could draw acombined $5 billioj to $6 billion.
Potential strategic buyers LP FUN), the Sandusky, Ohio-based operator of 17 amusemeng parks andwater parks, and (NYSE: SIX), a New York-basede operator of 20 parks, have high levela of debt and neither is in a strontg financial position to make an acquisition now, said Hayleyt Wolff, an analyst at in Conn. Another option is a financial such as private equitygiant (NYSE: BX), whicbh owns . Merlin's properties are largely in Europe, but it has globak expansion plans that would help it rivalWalt Co. DIS), according to Property Week, a London-base d trade journal. It's possible the Buscn parks could besplit up, said Martin Palicki, editorf of the trade journal InPar Magazine.
Disney might be interested in the parkwin Williamsburg, where it doesn't have a but not the Tampa or Orlando which are closing to existing Disney There's a difference between themr park companies such as Cedar Fair, whicu focuses on thrill rides, and Busc Gardens, which emphasizes conservation and creating environmentxs that lend themselves to experiencexs through animals and nature, Palicki said. Other parkss commonly license intellectual property, while Busch developse its own themes. "It' s one of the things that makesx their parks so special and somethingyou wouldn't want to lose," said Judith Rubin, who edited the 2007 attendancse report.
No one is certaib about the timing ofa deal. With attendance and revenue at U.S. them parks in general potentially dropping this year as a resultg of high gas prices and aweak economy, InBev coulde decide to keep the Busch Entertainmenyt properties for a trying to bolster an eventual sale price by trimmingy expenses, in the same way it has cut cost in its brewing operations, said John managing director of Leisure Business Adviser s LLC in Richmond. Va. That wouldd be a mistake, he "Demoralized and overworked employees affect the experiencse avisitor has," Gerner said. Othersa see room for cost cuts.
Wolff, the Rochdale said theme parks often are not run as efficiently as theycouldc be. The best option Gerner sees is for the Buscnh Entertainment division to be spun off into a publicd company through an initiapublic offering. "Not only do you have individualsd in the company whoare well-qualified and have workerd for the company for a long but you have an ethos, a way of doinv things that has been set up for decades and has been reinforced through a stable environment and has worked very he said. But the market is not good now for any consumetrdiscretionary company, and the equities of publicl traded theme park companies have not been great Wolff said.
Sunday, January 1, 2012
Pope & Talbot Halsey mill back in business - Atlanta Business Chronicle:
zyluzugizovota.blogspot.com
Cascade Pacific Pulp LLC, the mill's new owners, said in a news releasr Tuesdaythe mill's operationa have resumed after seven weekas of laying dormant. "It is great to have the employeesw back and the mill inoperation again," Wayne Henneck, Cascader Pacific's president, said in a news The mill shut down on May 9 when Pope & the bankrupt Portland-based paper products transitioned from Chapter 11 reorganization to Chapter 7 liquidation On June 20, Minnesota-based made a winning $31.
15 million cash bid for the mill in the secons of two bankruptcy Wayzata, an investment firm with $5 billioh under management, created Cascade Pacific Pulp as a wholl y owned subsidiary to run the mill. It appointed who was general manager of the site undeerPope & Talbot, as president. Operations resumex June 27 with Cascade hiring most ofthe mill's formere employees, the company said in the news The mill employs about 150 people and has the capacitty to produce 180,000 tons of bleached and unbleached pulp per year for use in variousx paper products and building The pulp is shipped to customerx across the United States and in Asia and
Cascade Pacific Pulp LLC, the mill's new owners, said in a news releasr Tuesdaythe mill's operationa have resumed after seven weekas of laying dormant. "It is great to have the employeesw back and the mill inoperation again," Wayne Henneck, Cascader Pacific's president, said in a news The mill shut down on May 9 when Pope & the bankrupt Portland-based paper products transitioned from Chapter 11 reorganization to Chapter 7 liquidation On June 20, Minnesota-based made a winning $31.
15 million cash bid for the mill in the secons of two bankruptcy Wayzata, an investment firm with $5 billioh under management, created Cascade Pacific Pulp as a wholl y owned subsidiary to run the mill. It appointed who was general manager of the site undeerPope & Talbot, as president. Operations resumex June 27 with Cascade hiring most ofthe mill's formere employees, the company said in the news The mill employs about 150 people and has the capacitty to produce 180,000 tons of bleached and unbleached pulp per year for use in variousx paper products and building The pulp is shipped to customerx across the United States and in Asia and
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