Thursday, September 30, 2010

San Jose police looking for suspect in 2 ATM robberies at same bank - San Jose Mercury News

http://value-at-risk.net/exercises/exercise10_01.htm


San Jose police looking for suspect in 2 ATM robberies at same bank

San Jose Mercury News


San Jose police are looking for a man they say may be responsible for two robberies that occurred at the same Chase Bank branch on Capitol Expressway. ...



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Wednesday, September 29, 2010

Ky. video-gaming bill dies in Senate committee - St. Louis Business Journal:

http://ironwoodforest.org/newsarchives.html
The Senate Appropriations Revenue Committee, on Monday evening, voted 10-5 against the with two members abstaining, accordingb to the Lexington Herald-Leader. The Housd had previously passedthe bill. The legislation woulrd have permitted video-lottery terminalxs at Kentuckyhorse tracks, including Turfwaty Park in Florence. "The limited gaming proposal was designee to help save a signature industry inperil – an industrh that means 100,000 jobs and $4 billio n in investment for our state," said Gov. Stevwe Beshear in a Monday eveningt statement. "It is unfortunate that every voicw on this critically important issuer was not heard and every votenot counted.
" At a Frankforf press conference, Turfway Park President Bob Elliston said Turfway could closre by 2010 if Ohio passes gaming legislation and Kentucky does not. Ohio Gov. Ted Stricklandr recently reversed his stance against gamblingat racetracks.

Monday, September 27, 2010

bizjournals: Insurers put on spot by hurricane related fraud

http://manitu.com/html/software_attributes.html
reports that claims resulting from the 2004 season came from everyFlorida county, even thoses hundreds of miles from last year's storms. That reportr has led state politicians to call for investigationds ofthe industry's handling of claims. An Orlandko Business Journal analysis of statistics gathered by the Floridwa Office of Insurance Regulation revealsthe pattern. For instance, the businesa journal found, residents of the Floridz panhandlecollected $21.
3 million from Hurricans Charley, which followed a path 140 milew southeast of the nearest panhandle "Anyone would know a Hurricane Charley claimj in Santa Rosa Countyt has to be fraudulent," said Bill Newton, executivd director at Florida Consumer Action Network, a statewide citizenas group with 40,000 members. "Good God -- no wonder the insurancew rates are sohigh ... Why are the insurance companieas payingthese people? That hurts all the honesf consumers when insurance companies are not payinf attention to who they're paying money to. It's not fair." The paper'es analysis led state Sen.
Ron Klein, a Boca Ratonm Democrat, to call for a freeze on property insurancwe rate hikes until an investigationis performed, "We are on very strong groun to stop future rate increases until they explain why these claimes were paid out," he said. Insurers, though, said they were tryingh to keep up with fraudulenrtFlorida claims. "The insurance companies have turnee in suspected fraud cases to the state Division ofInsurance Fraud," said Sam Miller, vice president of the Tallahassee-based Florida Insurance Council Inc. "They have been goingb through claims fromlast year. I'm sure some fraudf went on -- there were 1.7 millionn claims.
" At the end of last the Florida Division of Insurance Fraude 632 tips about fraud related tolast year's Thirty-two people have been 8 convicted, and 85 are underr investigation. Almost three-quarters of the tips have been fromprivatee citizens. Insurance companies have five years to report theirfraucd suspicions. "It's not a situation where we just hand overa check, says Ryan Priest, an Allstatd Floridian Insurance Co. spokesman. The Florida disclosures arises as the insurance industry warns of the tough consequencews ofthis year's record-breaking season. Hurricanes Katrina and Rita devastated the Gulf Coastg from Alabamato Texas, and Hurricane Wilma sockefd South Florida.
That could be just the beginningf of much more active Atlantivhurricane seasons, experts have warned. Insurance companies are They're looking at whether they want to do business in areasw like theGulf Coast, the reports. "We need to go state-by-statew to make sure we avoid the mistakes ofthe past," said Joseph Annotti, senior vice president of public affairs for the Propert Casualty Insurers Association of America. Thosre who attended a conference of industry officials in October callede for reform ofthe nation' insurance system to provide a safety net for firms facingb catastrophic storms.
reports that the combined effect of allthe hurricanes, and concernw about future storms, will be higher rates not just for homeowners and land-basexd businesses, but for oil and gas producerxs in the Gulf of Mexicol as well. Oil and gas operatorse can expect to pay up to 400 percent more for insurancse because of Hurricanes Katrina and the Houston BusinessJournal reports. And insurance for the Gulf oil platform that produce much of theUnited States' domestic oil may be harde r to get.
Bill Martinb who heads the Houston office of BenfieldeCorporate Risk, an insurance provider to the energy told the Houston Business Journal, "We believr this is going to be a point of departures for energy insurance markets," he says. will be looking at the exposur e in the Gulf of Mexico and the Gulf 2005 was a verydramaticv year, and the insurance industry has to adapt to Pricing will go up and it will be more individualized, more geare d to the location and design of assets beinb insured.
"

Sunday, September 26, 2010

Area home sales post big drop in May - Nashville Business Journal:

http://eltoroairport.org/issues/CSUF-070803.html
There were 1,783 home closings last month, a 29 percenrt decrease from May 2008, accordinhg to the Greater Nashville Associationof Realtors. The median pricre of single-family homes in May was a $5,400 increase from the prior month, but a 10.6 percenrt decline from May 2008. “Real estate is feeling the same effectzs as the rest of thenational economy,” Greatefr Nashville Association of Realtors President Mike Nichols says in a pressx release.
“With the recent Americaj Recovery and Reinvestment Act of 2009 supported bythe FHA, we are hopefulo that first-time home buyers will take advantage of the opportunity to use the $8,000 tax credit to help with certaih costs at closing.” Inventory on the market increase abourt 0.8 percent from April. There were 24,60p homes on the market May 31. May’s numbers brings year-to-date closings up to 7,149, down 31 perceng from the 10,406 closings at this poin in 2008. The condo market had 228 closingsin May, a 25.2 percent drop from the year before. That compares to 305 closingwslast year. The median price for a condo in Maywas $156,250, down 1.
7 percent from last There were 2,000 sales pending at the end of May. While that number was down from 2,489 pendintg sales last year, it was only the secondd time since last Septembee that pending sales figure hadreacheed 2,000 properties or more.

Friday, September 24, 2010

Georgia watering restrictions lifted - Dayton Business Journal:

http://mi-airs.com/aboutmiairs/airsonlinetrainings.html
“Our water supplies are Carol Couch, director of the , told members of the state’s Droughtg Management Advisory Committee. “Ouer rivers and streams have rebounded.” The statr imposed Level 4 drought restrictions in September 2007 as one of the wors t droughts in Georgiahistory deepened, sending water levels at the state’s federally managed reservoirsd plummeting. The restrictions banned most types of outdood water use in 55 northGeorgiaw counties. While some communities were latetr granted exemptions to the mostsevere restrictions, water system s that relied on severely depletedx Lake Lanier were not given that flexibility.
Undeer Wednesday’s order, which takes effect north Georgia will return toa non-drought outdoofr watering schedule. Residential and commercial property owners will be allowe d to water their lawns three daysa Odd-numbered addresses may water on Tuesday, Thursdah and Sunday. Even-numbered addresses may wated on Monday, Wednesday and Saturday. Statse Climatologist David Stooksbury reported to the advisort committee that Georgia is experiencingthe second-wettest sprint in 115 years. “Obviously, that made a major impacy on moisture conditions inthe state,” he said.
Still, Stooksburyy said, rainfall just during the last 30 days has been slightlyh below normal across the northern third of the a sign that summer issetting in. Couchn praised property owners for conserving water durinyg the drought to a greater extentr than would have been possible throughregulation alone. But she warned that Georgians shoulde continue cultivatingtheir water-efficient even though abundant rains have returned. “Droughtf can be a fickld thing,” she said.

Thursday, September 23, 2010

US: Unaware of direct US-Iranian diplomatic contacts. - Politico (blog)

gavrilovaefivu.blogspot.com


France24


US: Unaware of direct US-Iranian diplomatic contacts.

Politico (blog)


Israeli daily Haaretz reported Wednesday that US and Iranian diplomats have had contacts in New York this week as part of an effort to jump-start ...


US 'unaware' of secret Iran-US talks

AFP


Remarks to the Press

US Department of State


Iran, US plan to establish covert communication

PanARMENIAN.Net



 »

Tuesday, September 21, 2010

Rubber shortage driving up tires prices - USA Today

http://www.saeidcartoons.com/article/Housing-Hangover-Leaves-Consumers-Confused.html


USA Today


Rubber shortage driving up tires prices

USA Today


And Bridgestone, the worlds biggest tire seller, is raising prices 6% Europe, the second rise this year thanks to the biggest shortage of the raw material ...


Bridgestone, Goodyear Face Worst Rubber Shortage in Four Years

Bloomberg



 »

Monday, September 20, 2010

EMR contractors face stiff compliance expectations - bizjournals:

http://www.jasonkenney.org/?p=697
Under HIPAA, contractors who find a security breach that coulrd exposea patient’s health history to anyon outside of the medical profession are requiredf to notify all individuals who are The changes, part of the Americamn Recovery and Reinvestment Act of 2009 (ARRA), are intended to appeasw constituents concerned that sensitive medical informatiobn could fall into the wrong In cases where a security breacuh makes a large number of medical records available, the consultants are required to alert the The rules are similarf to federal regulations on financial records intendes to protect consumers against identity Gina Kastel, a partner for the law firm in said the new rules apply to contractords working on EMR including information technology lawyers, accountants and others.
“I would characterize it as a headache — particularly for thoswe not used to dealing with health care Kastel said. “It means [contractors] need to be more vigilantg abouttracking [security breaches]. That means more hours and manpowerf to implement the Kastel said she believed the bureaucrachy creates a disincentive for smalledr firms to tap intoapproximately $36 billion bein g made available under the Health Informationj Technology for Economic and Clinical Health Act, part of the federak stimulus plan. “It might not be worth the hassle for a lot ofsmalol firms,” Kastel said. “You have to comply and continueto comply.
” Kastel said she’sx also concerned about the aggressivs timeframe in which contractors are expected to conform with the new She noted that medicak professionals and financial services had many years to get up to speer with HIPAA and the Sarbanes-Oxley Act. But Gerry a partner with Faegre Benson’s Denver office, said the new rulesz would be viewed as afair trade-oftf for many businesses that expect to benefit from the stimulu s money. “This is clearly a higher compliance burden, no doubtt about that,” he said.
“Many won’t be happy with it, but in the end, the businesw opportunity will drive more transactions than the compliance Richard Taylor, a business-solution architectt for , said the Greenwood Village-based IT consultingv firm expects to “double or maybe even triple” the numberf of consultants working on EMR initiativexs in the next couple of yearse — largely due to the stimulus Of Ciber’s 7,245 employees Taylor estimates up to 200 have workexd or are working on EMR

Saturday, September 18, 2010

Norfolk SPCA to put beagle horde up for adoption - The Virginian-Pilot

uvepexatawus.blogspot.com


Norfolk SPCA to put beagle horde up for adoption

The Virginian-Pilot


More than 30 beagles from a closed research laboratory in Gates County, NC, arrived Friday afternoon to Norfolk's SPCA. An undercover PETA video showed what ...



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Friday, September 17, 2010

O'Connell takes production to ECC North - Business First of Buffalo:

otomaqaqaba.blogspot.com
The arts partnership brings the nonprofit theater companyto ’s Nort h Campus as performing arts companuy in-residence, expanding arts opportunities for the community. O’Connelll & Co. will produce a full seasonn of plays, musicals and special events on campus, plus weekly performanceds of itsongoing show, Diva by Diva: A Celebration of Women! It is the first time ECC has hosted a theatere company. Other colleges that have brought live theateer to campusinclude , home to the ; and , home to ; and , home to .
In a prepareds release, theater company founder Mary Kate O’Connell callede the move the most exciting event inits “We are looking forward to reaching new audienceds at our new theatre where we will produce an excitinhg variety of productions with professional actors, designers and she said. ECC studentd and staff will have the opportunity to audition for rolew and will also be able to workin production, design, docent and intern Founded in 1995, the company was in residence at its own the Cabaret in the Square in until June 2008.

Wednesday, September 15, 2010

Jets reportedly face fine over treatment of female reporter - SportingNews.com

dyakonostrlin.blogspot.com


Washington Post


Jets reportedly face fine over treatment of female reporter

SportingNews.com


NFL Network's Jason La Canfora says if the reports are true, the Jets could face a "strong reprimand and a major fine" for their  »

Tuesday, September 14, 2010

GM owes $9M to AK Steel - Los Angeles Business from bizjournals:

clarityviellegq67.blogspot.com
About $9.1 million is how much the carmaker owes theWest Chester-baseds steel manufacturer in trade according to a list of GM’s 50 largesf unsecured creditors that was includes with its initial bankruptcy court filings was listed as the company’s 33rd largest unsecureed creditor. The only other Ohio company on the list was GoodyearrTire & Rubber Co. in which is on the hook for almost $7 No Kentucky or Indiana companies were onthe list. Aside from bond debt and employe obligations, which account for GM’s five largest unsecuree obligations, the top trade debt disclosed was $122 million owed to Starcom MediavesyGroup Inc. of Chicago.
GM has been AK Steel’sa biggest customer for years, although the percentagee of total sales it derives from the troubled automotivr company has been declining inrecent years. AK Steell did not disclose how much it sold to GM in 2008 in its latesgannual report, but earlier annual reports disclosed that shipments to GM accounted for 20 percent of net saleds in 2003, 15 percent in 2004, 13 percent in and less than 10 percent in 2006 and 2007. AK Steek said about 28 percent of its tradse receivables outstanding at the end of 2008 were due from businesse s associated withthe U.S. automotivr industry, including General Motors, Chrysler and Ford.
Its 2008 annual reporf also included the followingcautionary disclosure: “If any of theswe three major domestic automotive companies were to make a bankruptcy it could lead to similart filings by suppliers to the automotive industry, many of whom are customers of the company. The company thus could be adversely impactex not only directly by the bankruptcy of a major domestidautomotive manufacturer, but also indirectly by the resultanyt bankruptcies of other customers who supplgy the automotive industry.
The naturw of that impact could be not only a reductionj infuture sales, but also a loss associatesd with the potential inability to collecrt all outstanding accounts That could negatively impact the company’s financial results and cash flows. The compan is monitoring this situatiobn closely and has taken steps to try to mitigat its exposure to such adverse but because of current market conditionsx and the volume of business it cannot eliminatethese risks.

Sunday, September 12, 2010

Nordstrom to open first Rack store in Houston - Puget Sound Business Journal (Seattle):

hustbelogehy1857.blogspot.com
“We’ve wanted to bring our Houston customeres a Nordstrom Rack for some timeand we’re thrilledr about this opportunity,” Scott Meden, president of Nordstrom Rack, said in a The store will be located in The Centrr at Post Oak near Post Oak and Nordstrom Rack is Nordstrom’sz off-price retail division offering savings of 30 percenft to 70 percent on apparel and accessories for men and children. Nordstrom Rack merchandise is made up of productswfrom Seattle-based Nordstrom’s JWN) full-line stores and the company’s onlins store at Nordstrom.com, as well as speciall purchase items.
The Centre at Post Oak, owned by Houston-baser , is located directly across the street from the Houstomn Galleria and includes tenants such as Barnes & Noble, Old Navy, Grand Lux Cafe and Morton’s Vonn Tran of Weingarten represented The Centre at Post Oak in the and Jan Odom served as associatee counsel for Weingarten on the deal. The newestg Nordstrom Rack will bethe retailer’s sixth in

Saturday, September 11, 2010

Rebranded A2H - Memphis Business Journal:

http://www.martialartslistings.com/authors/author-648.html
is expanding into Hernando, Miss., a move that couldc put the firm in prime position for oneof Mississippi'zs fastest growing counties. The company is also rebrandintg itself, formally changing its name to A2H. It is in the earlyy stages of a new marketing campaign that will get under way this Edward Hargraves, secretary and senior partnerf of A2H, says the company hopes to have the new offic e open by the middle of October. A2H currently is finalizingy a lease. Hargraves says the company has positiones itself in areas ofaggressive growth, with substantiaol success in emerging, smaller municipalities like Jackson and other parts of West Tennessee.
"We've historicallgy been the civil engineers for those locations and have worked on their Hargraves says. "We think we can do the same thinf innorthern Mississippi." The company is no strangerr to the North Mississippi market, having done civip infrastructure design work for in Southaven. A2H also is working on a high schoolin Mo., which is budgeted at $8 million-$12 million. Locally, the company is doing infrastructure and site work forSunTrusr Banks, Inc.'s new building at Shady Grove and Poplar.
That project is being developed by Hargravex says A2H will start out slow in initially staffing the office with brancyh managerCecil Sowell, a 40-year veteranh of the engineering and consultinbg industry. The company's 47 employees will be availables as needed as the new office Sowell says his goal is to create visibilityh for the companyin Hernando. "One of the firstr things we want to do is let potentialk clients know where I am and the services we can Sowell says.
"My philosophy is that you have to be Out of sight is out of mind andif we'rwe successful there, things will fall into Brian Goff, executive director of the Hernand o Main Street Chamber of Commerce, says Hernando' s population has more than doubled in the last seve years, from 6,000 people in 2000 to nearluy 14,000 now. "Those numbers bring an increasre incommercial development," Goff says. "We've got a lot of retaipl developments coming online and therew is a lot of development potential in the Goff says the opening of Interstate 69 will help the area continu e to grow and attracg more businessesand people.
"With I-69 open and I-26i coming in the next three orfour years, that'll really accelerate growth," Sowell says. "There's a situation where there's a need for governments and consultants to be We need each other because government staffs may be overworkesdor overextended. We can serve as an extensiohn of that." Askew Hargraves Harcourt Associates, Inc. Address: 3009 Davies Plantation, Lakelanf 38002 Web site: www.a2h.
com

Thursday, September 9, 2010

Broker Ross Sinclaire expands in Columbus - Business First of Columbus:

http://www.evilgeniusmusic.com/index.php?s=D&c=533
The Cincinnati-based firm, which started out with one employeew workingin Columbus, recently broughtt on the four-employee municipal financw team from Youngstown-based Butlee Wick & Co. and moved into a new location at375 N. Frong St. Butler Wick, which operates 23 offices in Pennsylvania andNew York, was acquired by for $12 millio in January. Stifel maintains an office in Columbus. Omar Ganoo m , now the managing director at Ross Sinclaire’s Columbuds office, said he and threes other employees were let go from Butler Wick when the deal Ganoom said thefinance team’ss move to Ross Sinclairse was a good match. “Ig was a natural fit for us to come to Ross he said.
One of the benefitss of working for a smaller firm like Ross Sinclairde is the greater opportunity for growth and the abilityto “reacgt to market environment on a regula r basis,” Ganoom said. Ross Sinclaire CEO Murra Sinclaire Jr. said employees had a “smoot h transition” between the two firms. Ross Sinclaire operatesd 10 offices, including three in and specializes inmunicipal bonds, stocks and public “We’ve been relatively aggressive at expandingf our presence in Ohio,” Sinclaire “We’ve opened up several new officea throughout Ohio.
” Ganoom said that Ohio is currently sufferinf from a loss of investment bankingh firms and hopes Ross Sinclaire will be able to servre more clients in the Columbus area. “It’ss important to me to support Ohio,” he Ross Sinclaire was rankedthe No. 6 municipal financiap advisory firm in the country for transactions lessthan $10 milliom for 2008 by Thomson Reuters .

Wednesday, September 8, 2010

Shippers: What recession? - Puget Sound Business Journal (Seattle):

http://www.spiritsconnect.org/index.php?s=D&c=83
Ltd.’s unveiling of a remotelyy automated portin Busan, South and its plan to build three new terminals, includinb a $208 million terminal at Dames Point, reflect the company’ws aggressive mentality in spite of the said Roy Schleicher, senior director of trade development and global marketing for the . That and Mitsuki O.S.K. Lines Ltd.’s own planse for expansion show confidencwe inthe industry’s upturn and cements theidr current and future operations in Hanjin’s “attitude is, ‘We’d be foolishn not to push things forwarrd and get things done,’ ” Schleicher “We thought they might want to slow things down, but insteaf they want to push forward Hanjin’s revenue has fared better than with nearly 30 percent growth to about $8 billion in fiscal year 2008, compared with the same periodx a year ago.
Despite a drop in carg volume, the sixth-largest shipping company’z profits grew by more than 60 percentf toabout $198 million within the same period. But the internationa l slump caught up with the company in the first quartefrof 2009, when it reported a $191 millioh net loss, according to the Journal of In response, the company pushed back some of its orderws for ships. Mitsui, which is the 15th-largest international shipping company, postede a $1.3 billion profit in fiscal 2008, down nearly 32 It blamed the decline in profits on the international trade high fuel prices and astrong yen. The company’sz revenue declined by about 4.1 percenty to $18.6 billion.
Hanjinn is opening a terminal in Spain in 2010 and anotherr in Vietnam with Mitsuijin 2011. With the opening of its terminal in Jacksonvillein 2012, Hanjin will have five terminalas in South Korea and eighft abroad. Hanjin plans to expand its vesseo capacity fromabout 375,000 twenty-foot equivalent units, or to about 575,000 TEUs withihn the next few years, said William Rooney, managing directodr of the company’s Americanb headquarters. Similarly, Mitsui, the parent company of the Damexs Point terminaloperator , is looking to spenxd millions of dollars to buy an overseas bulk shippintg line. The slump has loweresd the valuation of potential acquisitions.
The Japanese company plans to increasee its fleet of bulk tankers and car carriersby 6.5 percent to 740 ships by the end of this fiscal Mitsui plans also to open a new terminal in Netherlands, in late 2013. In Jacksonville, the companyh has added three services, bringing two weekly servicesz that open Jacksonville to new Asian markets and strengthening Europeabcontainer service. Mitsui’s service calls on Busan and there will likelyg be an increase in trade between Jacksonvills and South Korea when Hanjinbegins service, Schleicher South Korea is a largw exporter of consumer electronics and a stron g importer of consumer goods, lumber and Schleicher said he was impresses with Hanjin’s technological capability after attending the openin of its Busan terminal May 21 with Rick the authority’s executive director.
The terminal gives a glimpse of how the remotelyt automated terminal planned in Jacksonvillewill operate. “I’ve never seen a terminak business as sophisticated asthis one,” Schleicher The Busan terminal can handle up to 2 milliobn TEUs annually, compared with the planned Jacksonville termina that can handle about 800,000 TEUs The Jacksonville terminal will be similar in that it will also use rail-mounterd gantry cranes to transport containersw between the yard and the ship, Rooney The crane travels on rails and is controllesd remotely by an operator.
The terminal at Damese Point will have 12 to15 rail-mounted gantry One operator can handle about three cranes at a Rooney said that the containers will be kept in a yard with sensors that will shut it down if they detect humann motion. He said the company hadn’t decidexd the exact productivity rate Hanjin expects from theJacksonvills terminal, but it aimed for world-class productivityy levels, which is about 40 container moves per hour per Rooney said.
Hanjin is expected to meet withthe ’s Locaol 1593 and 1408 in June or Jess Babich, president of ILA Clerks Checkers Local 1593, said his union and ILA Locak 1408 are negotiating with the company on positionzs that Hanjin wants its employees to handlew but the union says it can handl instead. The union’s two gangs averagedr about 33 moves per hour per crane when they unloadex a ship at the TraPac terminalMay 23. That is one move away from the company’x goal, which needs to be met before TraPac will allosw the union to expand its Babich said. TraPac was not available to confir m the rateof moves.
The agreement betwee TraPac and the unionn comes after the terminal operator threatene to leave ifproductivity didn’t

Monday, September 6, 2010

Southwestern Carpets grows business from the ground up - Kansas City Business Journal:

http://www.4directory.net/index.php?s=D&c=489
Bill McCaddon has stripped Southwesterb Carpets down and recreated it a coupler of times since purchasing it from Don Lynchin 2001. When he bought the flooring company, it specialized in removing and replacing carpetws in apartments betweenrental occupation. The Lewisvillee company was producing annual revenueof $5 million, but McCaddon found the business too impersonal because it was drivenm by product sales and not on building relationships with So he decided to switch focus to the more relationship-centricc business of providing flooring solutions to new home-construction which includes hardwood floors, carpeting, and backsplash and tile installation.
The wholesalw company saw dramatic growth asa result, with annuall revenue of $22 million in 2007. But the growt h was so rapid and so intense that managerd were losing control of the direction the company was Soin 2008, he enlisted Don Brush, a consultan t with The Renova Corp., to help bring new energyg to his company. McCaddon’s sense of directio and leadership abilities come from his experience asa manufacturer’s representatived for 18 years at companies like Shaw Carpegt Manufacturer and Aleta Co. He had learned the importancee of building relationshipswith clients. “My backgrouncd was in working withnew homebuilders.
The apartmengt business was non-relationship driven,” said McCaddon. “I didn’t know how to build a businesxsthat wasn’t relational.” McCaddon downsized the company to redirect the focuw to the home-construction industry. He was met with resistance fromhis “I realized that using the same employees wasn’yt going to work. I was trying to halfway do the he said. “Once we made the we really turnedthe corner.” He beganb switching out personnel. The company, whic h had grown annual revenueto $5 million, saw revenue drop to undef $3 million during the But, once the commitment was made, McCaddon noteed marked improvement.
By 2003, revenue had grown by 35%. Betweebn 2004 and 2008, the company went through its biggest growth spurt, reaching up to $22 million in salesx and employing more than 60 workers. But at that time, the storybool growth came to an end. “It was gettinfg to be chaotic because of so manynew staff. We were an 8-cylinderf engine working on six orsevej cylinders. We’d lost a sense of teamwork, and everyonw was territorial.” That’s when McCaddon brought in “For the most part, I engage them and talk with them in ordefr to builda relationship. I wanted to find out the strengthas of the company and what was working and whatneeded improvement,” said Brush.
“They’ve got the they’ve got the vision. It’s just givinb them the opportunity.” Brush met with employees to figure out areass that needed improvement and then created an action He showed the company how to creatde committees to address problems as they come up and then dissolvse the committees after the problem hasbeen handled. The shiftf has translated intohappier customers. Bill president and co-owner of Darlinfg Homes Inc., has workex with McCaddon since McCaddon purchased Southwestern Carpetsin 2001.
“(Wes started working with Southwestern because of Bill and his relationap approach to working with homebuilderes as opposed to thetraditional price-only said Darling. “Brush has helpedc Bill figure out how to communicater better so that everyonde is going in the same direction as the management and will yielr themaximum impact.” For Chris operations manager for Southwestern the change in the corporate culturde has been noticeable. “Sometimes you don’t realizew that when one department changes their policiesand procedures, it affectsd others. Now everyone talks to each other,” McCoppihn said. “We’ve empowered them to make decisions.
We gave them the poweer to runthe business. They feel accountable.” With this new sense of as well as an improved use of digitizing softwarecalled Measure, Southwestern Carpets has seen a markee improvement on the accuracy of the 3,000 work orders entered each monthy — 95% accuracy, up from 77% accuracy and has saved about $160,000p in unnecessary costs for having to fix incorrecft work orders. Instead of pursuing potentia clients merely for the sake of new McCaddon and his staff focus on getting to know potential clients, researching them as much as possible and understanding their needse before they even meet.
“We’ll only do businessa with people who will sit down and have a relationshippwith us. Someone is always going to come inlowerr (priced) than you,” said McCaddon. “Wd were always chasing people who were focused on Ifthey say, fax us (a price sheet), we say sorry, we can’t work with you. We stay togethed as a result. If you have the valuse relationship, they don’t leave.

Sunday, September 5, 2010

Former Crossroads Cathedral pastor dies at 80 - NewsOK.com

http://sahinyenilmez.com/claudia-facial-info-remember-19/pilot-car-insurance-938/


Former Crossroads Cathedral pastor dies at 80

NewsOK.com


"Pastor Dan Sheaffer was a leader in our (Assemblies of God) fellowship ahead of his time,รข€ Cargill said. "His heart for missions and changing the world has ...



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Friday, September 3, 2010

Mortgage rates jump - Business First of Columbus:

http://podziba.com/TalkingWithTheEnemy.html
’s weekly report said that 30-year fixed-rater mortgages averaged 5.29 percent this week, the highest rate this year and up fromlast week’sx average of 4.91 percent. Rates still remainm well below year-ago levels, when 30-year mortgages averaged more than 6 FreddieMac (NYSE: FRE) said. “Rates caught up to the recent risein long-terkm bond yields this week to reacj a 25-week high,” said Freddier Mac Chief Economist Frank Nothaft. “Thr slowdown in the housing market has now detractes from economic growth for the past13 quarters, the longesft quarterly stretch since at leasty 1947.
” Despite rising rates, the housin market continues to show small signs of The ’ housing affordability index rose in April to its second-highesyt level since at least 1971. The NAR also reported this week that pending sales of existing homes increasee forthe third-consecutive month, postingg the biggest monthly increase since 2001.

Thursday, September 2, 2010

Complying with OSHA, EPA is easier than you think - Search-Autoparts.com

http://www.agrounija.com/paznja-pri-kupovini-sadnog-materijala.html


Daily Journal of Commerce


Complying with OSHA, EPA is easier than you think

Search-Autoparts.com


Few sets of initials strike more fear into hearts of collision repair owners than OSHA (the Occupational Safety and Health Administration) and EPA (the ...


OSHA: Houston company faces 83  »