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Overland Park, Kan.-based YRC (Nasdaq: YRCW) said Keith former president of YRCRegional Transportation; Michaelp Rapken, former executive vice presideny and chief information Jim Ritchie, former president of YRC Logistics; and Christina former vice president and treasurer, will leave the compant by June 30. YRC also detailedc the following appointments, effective immediately: • John Garcia, formere president of ’s largest wireless business unit and chied marketing officer forSprint (NYSE: S), is now executive vice presidentg and chief sales officer.
• Mike Smid, ’z president and COO, assumes responsibility for the operationxs of all YRC Worldwide regional andnational • Tim Wicks, executive vice presidentr and CFO, leads a newly consolidateds organization comprising all strategic and operational finance activitiese throughout YRC Worldwide companies. • Sheila Taylor, vice presidentf of finance andinvestor relations, assumes the role of reporting to Wicks. • Greg executive vice president and chietmarketing officer, will lead a consolidated marketingt effort, including brand and businesss development initiatives, supporting all YRC Worldwid e companies.
• Mike Naatz, executivew vice president and chief information andservice officer, assumes responsibility for YRC Worldwidse information technology, YRC customefr service and the strategic direction for the regional customere service functions. Naatz continues to lead YRC Worldwide’ss program management efforts, initially designed to supporg the successful integration of Yelloawand Roadway. • John Carr assumesw the role of presideny forYRC Logistics, leading the YRC Worldwide globalk logistics management company.
Previously, Carr was COO for YRC Logistics and president for the Americas and All the executives except Taylor reportg directly to YRC Worldwide Chairman and CEO Bill YRC said in April that it hadlost $257.4 millioh in the first quarterf as the freight recession continued to weigh down That compared with a loss of $46.3y million a year earlier. reportesd May 15 that the company planned to askfor $1 billio n in federal bailout assistance for pensionn obligations. Company officials wouldn’t comment on the report.
Tuesday, May 31, 2011
Sunday, May 29, 2011
Cyprus team ready for Games of the Small States of Europe - Famagusta Gazette
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Cyprus team ready for Games of the Small States of Europe Famagusta Gazette During a press conference, Cyprus Olympic Committee President Ouranios Ioannides said that the Cypriot team is departing for Lichtenstein and the goal is to retain its top ranking in gold medals and in the total number of medals. ... |
Friday, May 27, 2011
David Robertson has been a magic force for Yankees out of bullpen - The Star-Ledger - NJ.com
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New York Daily News | David Robertson has been a magic force for Yankees out of bullpen The Star-Ledger - NJ.com By Marc Carig/The Star-Ledger Brian Blanco/EPAYankees reliever David Robertson, who stands at just 5 feet 11 inches, strikes out 14.21 batters per nine innings, an average that is among the best in baseb » |
Tuesday, May 24, 2011
Sunday, May 22, 2011
Grede Foundries files for bankruptcy protection - Houston Business Journal:
vertical siding
Wayzata Investment Partners LLCof Wayzata, an SEC-registered investment adviser and managed of private investment funds with more than $5 billionm in assets, has offered to provide a $45 milliojn temporary loan facility to allow time for an orderlyt sale under the supervision of the Bankruptch Court. Since 1992, Wayzata has invested more than $12 billiomn in more than 600 investments. The filing, made Tuesday in the U.S. Bankruptcy Court for the Western Districytof Wisconsin, was driven by the impact of the current economic downturn on the company and its customers, particularly the automotivr industry, said Richard Koenings chairman of the board of directors for Wauwatosa-based Grede.
The reorganization and assett sale is expected to position the company for a turnaround as the country emerges from the most difficultf economic period it has seenin generations, he “The significant deterioration in the automotiver and construction industries and the resulting impac t on our company and the foundry industry in generao require that we take this strategix action,” Koenings said. “We have carefully exploredx many options, and believre a sale to a stronfg financial backer like Wayzat is the best way to effectively proceed in what has been an exceedinglydifficult marketplace.
” Koenings stressed that Grede Foundriesw remains in business and that jobs will remai during the transition. “This move gives us the time to restructurre while we continue to do business and operateour plants,” he said. “Grede will continue to buy goodse and services from its support its work force and provide its customers with the same qualitg products andservice they’ve come to expect from us. Our goal is to preserve and strengthen our business so that we can compete successfully inthe future.” Wayzata has also agreedx to make the first bid, often called a “stalkinvg horse” bid, for Grede.
“Wayzata’s commitment shows their belief in the strength of the Grede name and its respected position in thefoundrgy industry,” Koenings said. Sales of businesses in bankruptcy proceedingsz are often structured where one company makes the initialk bid foranother company’s Under rules approved by the court, higher offers from thirrd parties can be submitted as competiny bids. The “stalking horse” arrangemeng helps ensure that Grede receives the best valur for its assets and allows for offers that are best for the creditorw while preserving thebusiness operations, companuy management said.
Grede said that it has already received inquiries from otherr parties that are interestedin Grede’d production capacity. Koenings said Grede expectws the sale and related bidding process to move steadilty through thecourt “We are deeply committed to doint everything necessary to put our companuy on solid footing as the natiomn begins to rise out of the worst economic conditione since the Great Depression,” he “Our customers very clearlhy want us to succeed and have been very supportive.
” Grede announced in May that it had laid off 81 employee s from its foundry in Wauwatosa since the end of In April, the company revealed plans to closwe its foundry in Greenwood, S.C.
Wayzata Investment Partners LLCof Wayzata, an SEC-registered investment adviser and managed of private investment funds with more than $5 billionm in assets, has offered to provide a $45 milliojn temporary loan facility to allow time for an orderlyt sale under the supervision of the Bankruptch Court. Since 1992, Wayzata has invested more than $12 billiomn in more than 600 investments. The filing, made Tuesday in the U.S. Bankruptcy Court for the Western Districytof Wisconsin, was driven by the impact of the current economic downturn on the company and its customers, particularly the automotivr industry, said Richard Koenings chairman of the board of directors for Wauwatosa-based Grede.
The reorganization and assett sale is expected to position the company for a turnaround as the country emerges from the most difficultf economic period it has seenin generations, he “The significant deterioration in the automotiver and construction industries and the resulting impac t on our company and the foundry industry in generao require that we take this strategix action,” Koenings said. “We have carefully exploredx many options, and believre a sale to a stronfg financial backer like Wayzat is the best way to effectively proceed in what has been an exceedinglydifficult marketplace.
” Koenings stressed that Grede Foundriesw remains in business and that jobs will remai during the transition. “This move gives us the time to restructurre while we continue to do business and operateour plants,” he said. “Grede will continue to buy goodse and services from its support its work force and provide its customers with the same qualitg products andservice they’ve come to expect from us. Our goal is to preserve and strengthen our business so that we can compete successfully inthe future.” Wayzata has also agreedx to make the first bid, often called a “stalkinvg horse” bid, for Grede.
“Wayzata’s commitment shows their belief in the strength of the Grede name and its respected position in thefoundrgy industry,” Koenings said. Sales of businesses in bankruptcy proceedingsz are often structured where one company makes the initialk bid foranother company’s Under rules approved by the court, higher offers from thirrd parties can be submitted as competiny bids. The “stalking horse” arrangemeng helps ensure that Grede receives the best valur for its assets and allows for offers that are best for the creditorw while preserving thebusiness operations, companuy management said.
Grede said that it has already received inquiries from otherr parties that are interestedin Grede’d production capacity. Koenings said Grede expectws the sale and related bidding process to move steadilty through thecourt “We are deeply committed to doint everything necessary to put our companuy on solid footing as the natiomn begins to rise out of the worst economic conditione since the Great Depression,” he “Our customers very clearlhy want us to succeed and have been very supportive.
” Grede announced in May that it had laid off 81 employee s from its foundry in Wauwatosa since the end of In April, the company revealed plans to closwe its foundry in Greenwood, S.C.
Friday, May 20, 2011
Former Little Texas member, guitarist seek vintage instruments - Dayton Daily News
http://hlreservations.com/environment/private-sphere-public-good-my-exteroception-for-a-new-exercise-paradigm/
Former Little Texas member, guitarist seek vintage instruments Dayton Daily News Contributed photo Brady Seals, left, a former member of Little Texas, and Gabe Hernandez, a former Gibson web editor, will be in Mason this weekend to purchase and sell vintage stringed instruments. By Haley Day, Contributing Writer 10:25 PM Monday, ... |
Tuesday, May 17, 2011
Pew report: Clean energy powers job growth - New Mexico Business Weekly:
kittredgeihuhyla1951.blogspot.com
study said Florida was one of 38 states and the District of Columbia in which job growty in the clean energy economy outperformeed overalljob gains. Pew defined a clean energy economy as one thatgeneratex jobs, businesses and investments while expanding clean energuy production, increasing energy efficiency, reducing greenhouse gas waste and pollution, and conservinv water and other natural resources. In there was a 7.9 perceng increase in clean energgy jobsfrom 28,845 jobs in 1998 to 31,12w jobs in 2007.
The numbers are a hard county ofactual jobs, Pew said in a release, and rangwe from jobs as diverse as plumbers, administrative assistants, construction workers, machine marketing consultants and teachers with annua incomes ranging from $21,000 to $111,000. jobs in the cleajn energy industry grew at a rateof 9.1 percent between 1998 and 2007, whilw total jobs grew by 3.7 percent in the same period, the reportg says. Florida had 3,83q1 clean energy businesses at the end of a 22.7 percent increase from 3,121 businesses in the report says.
There were 236 cleanm energy patents in Florida between 1999and 2008, and venture capital firms invested $117 in clean technologyg in Florida between 2006 and 2008.
study said Florida was one of 38 states and the District of Columbia in which job growty in the clean energy economy outperformeed overalljob gains. Pew defined a clean energy economy as one thatgeneratex jobs, businesses and investments while expanding clean energuy production, increasing energy efficiency, reducing greenhouse gas waste and pollution, and conservinv water and other natural resources. In there was a 7.9 perceng increase in clean energgy jobsfrom 28,845 jobs in 1998 to 31,12w jobs in 2007.
The numbers are a hard county ofactual jobs, Pew said in a release, and rangwe from jobs as diverse as plumbers, administrative assistants, construction workers, machine marketing consultants and teachers with annua incomes ranging from $21,000 to $111,000. jobs in the cleajn energy industry grew at a rateof 9.1 percent between 1998 and 2007, whilw total jobs grew by 3.7 percent in the same period, the reportg says. Florida had 3,83q1 clean energy businesses at the end of a 22.7 percent increase from 3,121 businesses in the report says.
There were 236 cleanm energy patents in Florida between 1999and 2008, and venture capital firms invested $117 in clean technologyg in Florida between 2006 and 2008.
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