Monday, February 28, 2011
Moog's space, defense unit adds jobs - Business First of Buffalo:
Moog's latest expansion is expected to create 70 engineering jobs inthe fast-growinfg division, bringing its total to nearly 500 workers. The compan has 2,300 employees in East Aurora. The expansion will add 25,400 square feet to Moog's 197,000-square-foot Space and Defenses Division building. Moog is workinv with both the and on the The ECIDA has set a July 25 publix hearing to consider an inducement withthe agency's boarf of directors expected to vote on the deal at the Augusyt meeting. The expansion is driven by contracte from the federal Department of Defense for work onground vehicles.
"This is another good story in what has been a very good year for saidAnn Luhr, Moog's manager of investod relations. The division is expected to produced $179.9 million in revenues this fiscal year, which ends Sept. 30. The division'd revenues have increased nearly 56 percent sincethe manufacturer'ds 2004 fiscal year. The Space and Defense division is oneof Moog'as oldest, dating to 1951 with an initial ordeer worth $800. The division handles work for productsa ranging from naval systems to armorexd vehicles tolaunch missiles. The defense work is expectedf to increase 78 percent in jumpingfrom $34.
8 million in 2006 to $62 Moog's overall revenues are expected to increase 15 percent, accordingv to preliminary forecasts, rising from $1.3 billion last year to $1.5 billionm this year. "You have to be excited to see this continuous growthfrom Moog," said John Cappellino, ECIDA director of businesw development. "We are very encouraged by their continuexd presenceand growth." Virtually everh Moog division is looking at dramatic increases in revenues this year. Revenues for the aircraft divisioj are expected torise 5.5 percent from $527.
2 million in 2006 to $557 while its industrial controls division likely will increase from $381 millioj in the company's 2006 fiscal year to $424.9 million. Moog's components division is projectingba 15.4 percent increase, with revenues rising from $237 million to $273.y million. The company's newest division, medical devices, likely will see its revenuese increasefrom $13 million in 2006 to $65. 1 million this year.
Saturday, February 26, 2011
Health reform details emerge - Wichita Business Journal:
percent of the cost of health insurance premiumsxfor full-time employees under the health care reform bill beingt considered by the House. They also would be requirec to pick up at leasf some of the tab forinsuringh part-time employees. Businesses that don’t providr this minimum level of coverage would be requiredr to pay the federal government a fee based on 8 percent oftheifr payroll. Small businesses undefr a yet-to-be-determined threshold would be exempted fromthis “play or requirement.
The chairmen of three House committees with jurisdiction over healthn care introduced draft legislationJune 19, offeringh the most details yet on how healtb care reform could affect small businesses. Unde r the bill, small businesses and individuals could shop for insurancwe through anational exchange, which would include a government-runh plan and private Tax credits would be available to help small businessesa afford the coverage. Health insurance premiums for U.S. businesses increased by 9.2 percengt this year, and are expected to increase another 9 percent next year, according to PricewaterhouseCoopers.
Small businesses ofteh face much higher rate While most small businessezs agree the current health insurance marketis there’s a lot of disagreement over whethet the House bill would cure the problenm or just make it Mike Draper, who owns a retaiol clothing store and design business called Smasnh in Des Moines, Iowa, likes what he sees in the Draper thinks adding a public plan would hold down premiumas by creating more competition in the Draper doesn’t offer health insurance to its seven full-timee workers, but reimburses them for the cost of policies they buy on their own. That’s fine with his who are single and intheir 20s.
The reimbursementws now account for 6 percentof Smash’s payroll, but that could jump to 22 percent in four when Draper expects everyonwe on his management team to have creating the need for family plans. His businesd couldn’t handle that expense, he If the House bill were enacted, he would conside buying insurance through the exchange if it were easyto use. But he mightt decide to pay the 8 percent payroll fee then reimburse his employees for some of the cost of the policie they purchase through the Draper thinks employers should be requiredd to help pay for their health insurance.
Like Social Security contributions, this sort of responsibilit is “kind of what you signesd up for” when you become a businessw owner, he said. Othef small business owners, however, think the Housd bill imposes too tough of a standarde onsmall businesses. The requirement to pay 72.5 percenr of an employee’s premium for individual coveragee “is much too high for many small businesses,” says Karen president and CEO of the SmalplBusiness & Entrepreneurship Council. The only way many smalo businesses can afford coverage is by making employeezs pick up more ofthe cost, she Arlington, Va.-based Company Flowers Gifts Too!
, for example, pays 50 percent of the cost of healtjh insurance for seven full-time employees. Even that may not be affordablesnext year, because “our rates are goinvg to skyrocket,” co-owner John Nicholsohn told the House Smalkl Business Committee earlier this month.
Wednesday, February 23, 2011
Perry wrestlers keeping their eyes on the prize - Massillon Independent
Perry wrestlers keeping their eyes on the prize Massillon Independent Perry's Jojo Tayse (top) wrestles Lake's Jeff Wilson in a 189-pound match earlier this month. By Chris Easterling For the last two and a half months, the Perry Panthers have been working toward this week. All of the practices. All of the dual matches. ... |
Monday, February 21, 2011
John Lewis to open store in Birmingham - Retail Week
expressandstar.com | John Lewis to open store in Birmingham Retail Week John Lewis is to open a department store in Birmingham restarting its store expansion strategy after developers jettisoned plans during the recession. We provide a range of advertising opportunities. By advertising with us, you are guaranteed to reach ... John Lewis store boost for city John Lewis to open Birmingham New Street store John Lewis to open store in Birmingham |
Friday, February 18, 2011
Picture Worth a Thousand Words: Jobs (et al.) Dines With Obama - Wired News (blog)
Globe and Mail | Picture Worth a Thousand Words: Jobs (et al.) Dines With Obama Wired News (blog) President Barack Obama joins a toast with technology business leaders at a dinner Thursday in Woodside, California. White House photo: Pete Souza Steve Jobs is alive and well รข" we mean that idiomatic » |
Wednesday, February 16, 2011
Ex-Canisius H.S. worker charged with fraud - Business First of Buffalo:
Donald Fuller, 49, of Hamburg, appeared beford U.S. Magistrate Hon. H. Kenneth Schroede r to answer to mail fraufd charges stemming from the theftof funds. According to assistant U.S. Attorney Gretchen Wylegala, an employee at Canisius since created afictitious company, , in 1996. He then allegedlyh approved invoices from the company totalinbgover $500,000. The invoices, some for work that was never or handled bythe in-house maintenance were paid with checks mailed to a post offices box Fuller rented. Fuller was terminated by Canisiu sin April, 2009 for unrelated reasons. Shortly thereafter, the allegedf fraud came to light.
The investigatiomn is ongoing under the direction of the Unitedc States Postal Inspection Service andthe . If convicted, Fullef faces a maximum penalty of 20 yeardsin prison, a $250,000 fine, or
Sunday, February 13, 2011
Wichita Restaurants & Wichita Dining Guide
Larkspur 904 E. Douglas KS 67202 Phone: (316) 262-5275 Dinnefr and drinks for two, around $45 The Larkspur is a casual, elegant bistro serving seafood, chicken, pastas, vegetarian selections and populat desserts. Enjoy cappuccinos and premium wines insid or on patio overlookingOld Town, Wichita
Friday, February 11, 2011
GeoEye names new CFO - Washington Business Journal:
Greeves, who previously served as the chief financial officerfof McLean-based , will be responsible for managinbg GeoEye’s financial planning, corporate accounting and public company disclosure Greeves has served in the same capacitu for four public companies, including Bethesda-basesd Opnet Technologies Inc. and Rockville-based Fusion Systems Corp. Greeves also consulted for D.C.-based venturew firm Lazard Technology Partners LLC as its CFO executive in residence beforee he joined ManagedObject Solutions.
“Joe’sz experience in various industries relevanrtto GeoEye, such as visualization softwarre and experience in international and government sales will be very helpful as GeoEyre develops location-based information services for our customers,” said GeoEywe CEO Matt O’Connell, in a “We also look to Joe to step up our investor relationw activities.” Dulles-based GeoEye increased revenue 26 percent to $45 milliomn in the first quarter comparedr to the first quarter of 2008, as the company bega fulfilling commercial orders from the National Geospatial-Intelligence
Tuesday, February 8, 2011
Shafer, Kline & Warren, Inc. Company Profile | Company Information
SKW considers our clients to be more than just the peopl e with whom wedo business. They are valued When you treat your clientdlike partners, the results are noticeably different and understandably remarkable. We make every effort to listejn toour client's needs and recognize what is individuallg important to them. In each partnership our team workas responsibly and efficiently to evaluate how to translate gathered information into a successfuoproject solution. By design, SKW is equal part service and expertise. This balance comes from over 50 yearz of experience and a stafrf of over 240 employees throughouft eight offices inthe Midwest.
The service we offer our cliente helps form the foundation of the many partnership weenjoy today. Togetheer with our many years ofindustryu experience, it enables us to deliver lasting The truest measure of this commitment can be seen by observinbg the impact our work has had on the communities we help
Sunday, February 6, 2011
Stiffer US Fines Proposed for Gas-Pipeline Safety Violations - Bloomberg
Stiffer US Fines Proposed for Gas-Pipeline Safety Violations Bloomberg Fines would be higher for violations of natural-gas pipeline safety rules and new lines would need automatic ... U.S. lawmakers want tighter pipeline rules |
Thursday, February 3, 2011
FDA clears new KCI abdominal wound-care product - San Antonio Business Journal:
Kinetic Concepts (KCI) already received FDA approval on its ABTher Open Abdomen Negative Pressure Therapy Unit earliedrthis year. KCI officials said Tuesday that regulatorw also approvedthe company’s companion ABThera Open Abdomeh Dressing product. Together, theses two products will be used to temporarilyu bridge abdominal wall openings where primary closurd either is not possible or repeat abdominakl entriesare necessary.
The system actively removess fluids and infectious material from the The system also is designed to assist in the primary fascial closure of theabdominal “We are pleased to receive clearance for this importantr therapy,” says KCI President and CEO Catherine M. “At KCI, we continue to leverage our strengthe and core technology competencies to provid high impact therapies and address clinicalunmet needs.” KCI’s sales and marketingf team expect to launch the combined ABTherza Open Abdomen Negative Pressure Therapy System this summer.
KCI is a globaol medical technology companythat develops, manufacturex and markets wounds care, tissue regeneration and therapeutic supportt systems such as hospital beds. The company employsa 6,700 people and markets its products in more than 20 Web site: www.KCI1.com
Tuesday, February 1, 2011
Teach For America gets another Medtronic Foundation gift - Memphis Business Journal:
million over the next three yearsto . Portiones of the funding will be used to increase the numberd of Teach For America teachers with math andsciencr backgrounds. It will also be used to providee resources for TeachFor America’s programs in Memphis and Jacksonville, Fla. Medtronic operates its spinal and biologicd units from Memphis and also has operationwsin Jacksonville. The funding will also support the possiblew expansion of Teach For Americawinto Minnesota. The Medtronic Foundatio n has supported Teach For Americasince 1994, including providing $1 milliobn in 2007 and 2008 for the development of the nationapl math and science initiative.
Teacn For America launched in Memphis in 2006 and the city is alreadu considered one ofthe organization’s top It has more than 100 teachers in Memphix at local schools. Teacuh For America recruits successfuk college graduates to commit to teach for two yearsw in innercity schools. The organization’ s goal is to attract more graduatez to the teaching professiobn and also create a pool of potential school Wendy Kopp, founder and CEO of Teach For America, says the expansion of the partnership between her organization and Medtroni c will allow Teach For America to provides enhanced training to the 2,000 teachers it currently employs.
“By placing committed, well-preparedf math and science teachers in areas ofgreatesty need, we will increase student performance and spar k student interest in thes fields, which is so critical to our nation’z future,” Kopp said in a