Zeelie to head up NOR Paper - ITWeb (blog)

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Zeelie to head up NOR Paper ITWeb (blog) Zeelie replaces Ronnie Oeschger, who chose in September to step down and pursue personal interests after more than two decades in the industry. Zeelie's most recent position was as GM of the materials business at Avery Dennison, a business with many ...

Joe Budden Says He's No Longer Releasing His "Feature Presentation" Project - HipHopDX

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HipHopDX

Joe Budden Says He's No Longer Releasing His "Feature Presentation" Project HipHopDX by Danielle Harling Despite securing verses from Emilio Rojas, Phonte, and other artists Joe Budden cancels his "Feature Presentation" project. Months after Joe Budden announced that he'd be releasing a mixtape featuring a who's who of Hip Ho p artists ... Joe Budden Cancels "Feature Presentation" Mixtape Complex.com (blog) EXCLUSIVE: Joe Budden Announces Cancellation of Long-Awaited “Feature ...  »

Compass Airlines cuts ribbon on Louisville maintenance facility - Portland Business Journal:

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The subsidiary opened the three-bay maintenance facilityh in January but held off on the ribbon cutting until key personneolwere hired, and they “got a little airplans grease under their nails,” Compass president Tim Campbell said during a news conference. 70 employees maintain the airline’s fleet of 36 Embraer 175 76-seat jets. Compass, whichh was founded in 2006 as a subsidiary of NorthwestfAirlines Inc., was acquired by Delta as part of the Atlanta-based carrier’s merger with Northwesgt in October 2008. The jets previously had been servicee bya third-party aircraft maintenance company, Campbell said.
Compass’ Louisville International Airport located at 5101 Crittenden consistsof 42,720 square feet of aircrafyt hangar space, 11,416 square feet of office, shop and storag space, an 80,601-square-foot concrete apron and 33,480 square feet of parking and At the news conference, Chantilly, Va.-basec Compass showed off its first jet painted in the Delta colors. The rest of its fleet will be converted from Northwestt Airlines colors over thenext year, Campbelpl said. At the news conference, Kentuck y Gov. Steve Beshear said the Compass includingits $3 million annual payroll, “ixs a tremendous economic achievement in the midst of some prettyy tough economic times.
” In August 2007, the boardd granted the airline preliminary approval for $2 milliob in state tax incentives for up to 10

The Kroger Co. Company Profile | KR Company Information

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The Kroger Co. is one of the nation's leading food retailerds with salesof $60.6 billion in fiscal 2005. Kroge operates in 31 states undedr twodozen names, including Kroger, Ralphs, Fred Meyer, King Food 4 Less, Dillon, Smith's, City Market, QFC and At the end of fiscapl 2005, Kroger operated 2,507 supermarketes and multi-department stores, 791 conveniencer stores and 428 fine jewelry stores. Kroger Manufacturing has 42 food processiny plants that support our retail grocery Kroger has numerous opportunitiesfor minority-ownec and women-owned businesses. Recognizing the added value of supplier diversity, Kroger has had a minority vendors progran for more than 25 years.
The Company's approaches are as varied as the businesses andindividualw involved. Our goal is always the same: to be sure that our supplier reflect the broad diversitty of the marketplaces thatwe serve. Krogert is a complex company. To simplify the procesx of learning about our company and gaining accessa to appropriatedecision makers, Kroger has a corporate-widse Supplier Diversity Program. The goal of Kroger' s Supplier Diversity Program is to fostedthe promotion, growth and developmenrt of minority-owned business enterprises and women-owned business enterprises ("WBEs").
We believre this is a sound business Kroger's Supplier Diversity Program is managed by the Directoer of CorporateSupplier Diversity. ...

Los Angeles Business from bizjournals: Los Angeles Commercial Real Estate Listings - View Commercial Real Estate

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Tire Kingdom banking on incentives to stay in Palm Beach County - South Florida Business Journal:

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has 345 employees at its U.S. headquarters in Palm Beach Gardens. The job growtbh incentive proposal would give thecompany $40,000 in counth funds for keeping those jobs and addinbg and maintaining 50 more. Those positions would pay an average annual salarygof $62,500, excluding benefits. The measure now headss to the state, which could award TBC an additional $160,00 to meet thos e goals. The expansion also is contingent ona $50,00o0 grant from the City of Palm Beach The city will consider the requesyt on Thursday. Charlie Zacharias, TBC Corp.
’s senio vice president of real estateand logistics, said the company would wait until it hears back from Florida on the offe before deciding whether to expand here or in othere states. TBC Corp. also has offices in Memphis, Tenn.; near outside of Philadelphia and near Atlanta that could host itsexpande headquarters. “The other statesd are offering incentives,” Zacharias said. “We are waitingt to see what the consolidated packages are before we make a Palm Beach County hassome advantages, including the fact that TBC Corp.’ds workforce already is based here, he However, the other citieas have a cheaper cost of and recruiting is easier.
The incentivwe deal could mean the difference betweenj keepingTBC Corp. there and losing it to anothetr state, said Kelly Smallridge, president of the , whichg helped arrange the deal. Her office estimates the deal would havea $10.67 million economic impact. “This is exactly the type of operatiohn we havebeen after,” Smallridgre said. “We are really excited aboutf landing this corporate headquarterss and adding it to ourimpressivr portfolio.” If TBC Corp.
chooses to expanfd in Palm Beach County, it would increase its total office space therefrom 60,000 square feet in four buildings to 80,0090 square feet in two buildings, Zacharias It would stay in its Juno Beac h office and look for another 30,000-plusd square feet, he said. TBC Corp. is a subsidiary of Japan-based According to its Web site, TBC Corp. has its private brandzs officein Memphis, Tenn.; its office in Colo.; and its Treadwayw office in Eagleville, Pa. Tire Kingdom has more than 600 storexsand 7,000 employees. It also operates under the namea Merchant’s Tire and Auto Centerss and (NTB). Big O Tirea is a franchiser with more than500 stores.
Its subsidiarg operates 38 warehouses that distribute tiresz to morethan 10,000 The private brands division of TBC Corp. manufactures tirees under the names Multi-Mile, Cordovan, Sigms and Vanderbilt.

Metro seeks more control of convention center leadership - Philadelphia Business Journal:

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Metro councilors Rod Park and Rex Burkholder will introduce a measurse next week giving the council authority over individuals who lead the Metropolitajn ExpositionRecreation Commission. The motion comes after Metro Councill President David Bragdon criticized the performance of MERC Genera l ManagerDavid Woolson. Councilors want to oversee the salary changes and employment statuswof MERC’s top according to a letter Park and Burkholder sent to Don who chairs the Trotter and other commissioners currently overse the position and have given Woolso n good marks during his first thres job reviews.
The council will considerr the motion at its June 11 In a March 31 lettet to the commission regardingthe group’s budget Bragdon questioned both Woolson’s leadership as well as the agency’ds higher budgets. Woolson’s office spent $470,568 durinb the 2007-08 fiscal year. The number jumpee to $838,803 for the current Woolson requested $877,808 for the 2009-10 fiscal year. However, in a letter dated March 12, 2009 to Bragdohn from Metro finance and administrative servicee directorMargo Norton, Woolsoj says the cost increases are "primarilyg the result of a reorganization of the public affairsa function and the cost and creation of a businessa development capability.
" Specifically, MERC's public affairs managed and public affairs coordinatod were "reclassified" to a director of communications and a director of business and community Woolson goes on to state that additionapl resources for goods and services for the positiones included "advertising, consulting, sponsorships...and other generapl office expenses in order to have a more effective effortr in this area." In the same Woolson says the numbers alonwe don't paint an accurate picture becauss of unfilled positions in earlier budgets. Bragdon also said Woolsob moved his office downtown and boosted consulting trave costs and other expenseslast year.
He also collected “large raises” that, by increasing his salary to $184,000, make him more highlyg paid thanhis predecessors. MERC moved downtown from the convention centetlast year. It occupies space in the Portlanx Center for thePerforminbg Arts, 1111 S.W. Broadway. MERC, whicgh operates the building, pays no rent for the One of theMERC Commission's goalsd was to increase the organization's downtown presence. MERC'a board approved Woolson's pay raises. The board said last year that Woolson “has accomplished (an) enormous amount of work and inspired staff. He has quickly detectedr problems and has move to alleviated orfix (sic).
Theree appears to be a new energyat Metro’s annual budget is $40 million. Woolson is the agency’s highest-paix employee.

Grede Foundries files for bankruptcy protection - St. Louis Business Journal:

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Wayzata Investment Partners LLCof Minn., an SEC-registered investment adviser and manager of private investment funds with more than $5 billiohn in assets, has offered to provide a $45 milliob temporary loan facility to allow time for an orderlyy sale under the supervision of the Bankruptcy Since 1992, Wayzata has invested more than $12 billionb in more than 600 investments. The filing, made Tuesdahy in the U.S. Bankruptcy Court for the Western District of was driven by the impact of the current economicd downturn on the company andits customers, particularlyh the automotive industry, said Richard Koenings chairman of the board of directors for Wauwatosa-based Grede.
The reorganization and assety sale is expected to position the company for a turnaround as the country emerges from the most difficultg economic period it has seenin generations, he said. “The significan t deterioration in the automotive and constructionn industries and the resulting impact on our company and the foundru industry in general require that we take this strategic Koenings said. “We have carefully explored many and believe a sale to a stronv financial backer like Wayzata is the best way to effectively proceed in what has been an exceedinglydifficulr marketplace.
” Koenings stressed that Grede Foundries remains in business and that jobs will remai during the transition. “This move gives us the time to restructurre while we continue to do businesse and operateour plants,” he said. “Grede will continue to buy goodes and services from its support its work force and provided its customers with the same quality productsw andservice they’ve come to expect from us. Our goal is to preservw and strengthen our businesse so that we can compete successfully in the Wayzata has also agreed to make thefirsty bid, often called a “stalkinhg horse” bid, for Grede.
“Wayzata’x commitment shows their belief in the strength of the Grede name and its respected position in thefoundry industry,” Koenings said. Sales of businessezs in bankruptcy proceedings are oftejn structured where one company makes the initial bid foranother company’e assets. Under rules approved by the higher offers from third parties can be submitted ascompeting bids. The “stalking horse” arrangement helpse ensure that Grede receives the best value for its assets and alloww for offers that are best for the creditor s while preserving thebusiness operations, companyg management said.
Grede said that it has already receivedr inquiries from other parties that are interestefdin Grede’s production capacity. Koening said Grede expects the sale and relateds bidding process to move steadily through thecourt “We are deeply committed to doin everything necessary to put our compant on solid footing as the nation begins to rise out of the worsr economic conditions since the Greaft Depression,” he said. “Our customers very clearly want us to succeec and have been very Grede announced in May that it had laid off 81 employees from its foundrgy in Wauwatosa since the endof January. In the company revealed plans to close its foundrin Greenwood, S.C.

Restaurants changing with the times - Atlanta Business Chronicle:

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Moderate rebranding efforts — like prixe fixe to-go specials, new chefs — and even the completed rebranding of struggling concepts isnothinf new. But the failing economy seems to have pumperd upthe volume. The recession, which has cause a flight to valueby budget-minded has creative owners looking at ways to adapt their productxs to make sure dinere still land in their restaurants. some of Atlanta’s top restaurants are changinf with the times to stay relevant and, most importantly, in business.
Concentricd Restaurants’ flagship TROIS is going through a complete which founder and owner Bob Amickl said is at leasr partly driven by the downturn in the Thoughthe three-story restaurant’s event spacse and bar will remain open, the second-floor dininb room is under renovation and a new, unnamec concept will emerge towards summer’s end. “It’ss been our most critically acclaimed restaurantthat we’ved opened ... but in these times, higher-en restaurants are the restaurants that are being hitthe most, and I don’r think the economy is going to change overnight,” Amicjk said.
“It’s still going to be our flagship but done in adifferent way.” TROISw wasn’t meeting customer expectations, Amicok said, and the new concept will be more approachable. The restauranyt group continues to believe in the 1180 Peachtree home to its popularTAP gastropub. Consumer spending has plunged and traffic counta are downfor high-end restaurants, said Dave Pavesic, a restaurantt management professor at . Concepts need refreshingv every so often as a natura l part ofthe business.
But the higher-encd eateries are being challenged by the economy to push theire price points down while retainingtheir “This is a healthy reaction to the advers conditions we’re facing in the industry,” Pavesix said. The $9.99 to $14.99 pricew point seems to be the sweet spot in the economyright now. Americans on averagw are still spending 7 percent of theird income ondining out, but they want more for theidr money.
Rebranding can be as simple as adjustinfga menu, the addition of designatesd value offerings, new chefs, or an overhaulk of a building or concept, said Ron Wolf, presiden of the , and a 20-plus year veteran of the “Rebranding, while it may acceleratee during tough economic times, is not unique to tougb economic times,” Wolf “Rebranding is a very cyclicapl part of what we do in our Atlanta has seen its sharde of noteworthy casualties, including City Grilkl and Dailey’s downtown. Restaurants close even in good Skilled operators are finding niches to stay in and manyare thriving, even in upper-scale segments.
With consumersz bitten by the failing economy, restaurants acrose the price spectrum aretouting value, Wolf TGI Friday’s and Ruby Tuesday’s have continued to evolvs their concepts in a tre-mendously competitive mid-scale Fast-food chains have expanded their value meals and even started offeringh higher-quality fare to poach casual-dining customers. High-ends concepts are broadening their concepts by tryiny to become more approachable in terms of pric eand atmosphere. Acclaimed westside restaurant JOËL has added “BRASSERIE” to its reflecting a more casuao bent. The menu also includes nightly specials, prixre fixe lunch menus and specialdrink offers.
Neo, The Mansionb on Peachtree’s in-house restaurant, has changed chefs and has droppedc itsItalian concept. The restaurant is now helmef by Scott Hemmerly and willfeature Southern-themed dishes prepared with locally sourced ingredients. Luigi Romaniello, managing director of the hotel, said the restaurany would have the same commitmenrto quality, with a menu that should have a broader appeall in price and theme. The restaurant featureas a more toned-down, bistro feel and significantly lowetcheck prices; now in the $40 per person ranger at dinner.
“Obviously people are watching theird money more and we have a great restauranf in frontof us, in Craft,” he said, addint the concept change would create more separation betweemn the two products. He said the change s are “a sign of the times.”

Bike parts business booming in Asheville - Asheville Citizen-Times

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Bike parts business booming in Asheville Asheville Citizen-Times Keith Thompson and Ted Quevedo work on truing mountain bike wheels. 12/05/2011--Bill Sanders / Bill Sanders/wsanders@citizen-times.com Jake Thompson puts up finished mountain bicycle wheels at the Industry Nine production facility in Leicester. ... and more »

Hawker announces furloughs, building closures - Austin Business Journal:

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In a letter to all Vice President of Human Resources Rich Jiwanlall said the moves are partthe company’as ongoing effort to “resizr our company to match the continuing declines in consumeer demand.” One of the measurex will be furloughs which will include both product line and planyt specific requirements. The dates for the furloughx will beJune 29-July 2, Nov. 23-25 and Dec. The letter informs employees that if vacatiobn or earned time off is not availablse to cover these days then the furloughs will be Hawker will also be relocating its financeand supply-chain teams back onto the company’s primary headquarters.
This will allos it to close two buildings theletter states. There was no announcement regarding anyfurther layoffs. The company declinede to give any more information atthis

Job reports: Good news, bad news - Charlotte Business Journal:

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Wednesday’s report, calculated on payroll data, said the private sectodr eliminated 697,000 jobs on a seasonally adjusted basisin That’s an increase of 83,000, or 11 percent, from a revisedd total of 614,000 in January. Economists were expectin g a lossof 630,0009 private sector jobs, according to a survey by Briefing.com. But a separats employment report released Wednesday from outplacement firm suggesterd that the worst may be over forthe nation’s strained job It reported that the number of plannes job cuts announced in February fell for the firsyt time since December. The reports come just days beford government’s monthly jobs report due The U.S.
Department of Labor report is expectedr to show that the economyshed 650,000 jobs in more than the 598,000 reported for according to a consensus estimated of economists complied by The unemployment rate is expected to rise to 7.9 percen t from 7.6 percent.

Tulkoff horseradish maker building new HQ in city limits - Baltimore Business Journal:

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, a Baltimore horseradish maker since theearly 1920s, will move from Brewers Hill to city-owned propertt at Holabird Business Park by earlh 2008. As the once-industrial East Baltimore neighborhood has transformee into a trendy dwelling place for young professionals andempty nesters, family-ownef Tulkoff has looked for a place to relocate its 70-persom plant for more than three years. Tulkoff's move will leavde 12.2 acres of real estate in the middlre of Brewers Hill available for commercial development and open the doorfor high-dollafr redevelopment while keeping a large manufacturerf within city limits.
"It's slim pickings for eithed new or existing said Tulkoff CEOPhilip Tulkoff, grandson of the food founder. Tulkoff is in the process of buyingg 5.8 acres near Dundalk from Baltimore City to builrd a newmanufacturing plant. It's the last parcel of available space at the converteddArmy base. The city is currently appraising the property and will sell it to Tulkofc for itsappraised value, said Andrew Frank, executivee vice president of the State assessment and taxatiojn records show the property is valued at $490,700. state assessments of property generally are lowe than themarket value.
Tulkoff plans to spend $7 million to buy the land, buildr a new 71,000-square-foot plant and construct an accessx road tothe site. The city agreed to handle storm watetr management on theaccessw road. Tulkoff plans to use money from the sale of its existingb property at Brewers Hill and existinh funds forthe project. The manufacturer does not plan to apply for loanas forthe expansion, Tulkoffr said. Tulkoff's current factory is surrounded by the BrewerxsHill $150 million redevelopment project, a joint venture between and Strueve Bros. Eccles and Wells Obrecht, president of Obrecht Commercial, said the redevelopmenyt project plans tobuy Tulkoff's Conklinfg Street property.
State assessmengt and taxation records show two propertiestotalinhg 4.5 acres owned by the Tulkfoff Familyh Partnership at 1101 and 1221 Soutn Conkling St. are valued at $1.1 million. Obrecht said his team is considerinfg several different options forthe 531,432 square including possibly building a hotelk or using it for residentiak and retail development. "It's sort of a cleanh slate," Obrecht said. Developing aroundf an operating factory was notan option. Tulkoff wanted to find a locatiomn on mass transit lines because most ofthe company's 70 workerse live in the city and take publixc transportation, Tulkoff said.
There are two bus stops on Holabirx Avenue within walking distance of thenew plant, he BDC's Frank called Tulkoff a city institution. "There are hundredzs of small family-owned manufacturing businessesin Baltimore. The challenge is keeping them," Frank said. Tulkoff started in a produce stansd ofJewish immigrants. It moved from Lombard Street in East Baltimore to its currentg location on the former site of the Gunther brewerhyin 1980. The company opened a second plangnear Oakland, Calif., nine years ago. The compang says it's the nation's largesrt maker of prepared horseradish products for major food distribution businesses thatinclude Columbia'xs U.S.
Foodservice. It processes 10 million pounds of raw horseradish rooteach year. The roots are harveste in the fall, then Tulkoff's workeres wash them, grind them and add vinegar and soybeaj oil to create a mix that is pumped into holding tanks and used in manyof Tulkoff'ds products. Tulkoff's products include chopped garlic, pesto and cocktai sauce. Tulkoff is known for its "Tiger -- a mild horseradish sauce. At one time therer were talks of creating a retail location at the BrewerssHill site. But Tulkoff said that plan veeredf fromhis company's targeted customers, who are largely wholesalr distributors.

Chick-fil-A sales jump 12% in 2008 - Orlando Business Journal:

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The private, Atlanta-based restaurant chain on Thursdareported $3 billion in system-widee sales for last year -- a 12.2 percent increase over 2007 overall sales and a same-store salez increase of 4.6 percent. There are aboutt 50 restaurants in the Houston according tothe company's Web “Chick-fil-A was able to endure a numberr of challenges that could have been detrimental to any othef chain, including targeted product competition amonbg our quick-service rivals and a challenginvg economic environment, but our restaurant operators and team members remained committed to excellence which resultesd in another solid sales said Chick-fil-A President and Chief Operatint Officer Dan Cathy, in prepared remarks.
“Whilde we by no means are immune to the economix challenges our countryis facing, we do believer we will continue to remain health y as long as we stay committed to the qualities that have shaper the Chick-fil-A brand thus far -- providing exceptional customer servicre and unmatched product quality to every customer on everg visit.” Also in 2008, Chick-fil-A opened 83 news Chick-fil-A plans 76 new locations in including 64 stand-alone restaurants, two mall/retail locationxs and 10 licensed outlets. It also will renovatew 65 restaurants throughoutthe year.