lehoquvuhu.wordpress.com
is a boutique firm -- a platformm that “has its pluses and said Jagtiani, who founded the firm in 1996. “It’ s good at what it does but is limited in what itcan Jagtiani+Guttag’s handful of lawyers interviewed 64 law firmss over the past two years to find the right place to take their clients to. Jagtiani said it was tougbh finding a right match for his unusualfirm -- a smallk intellectual property boutique firm. “Vedder Price was a solid fit,” said Jagtiani, which has clients such areasas diagnostics, and immunotherapy. “We brought chemistry and biotechnology and they adder substantial capabilitiesto us.
” a 250-attorney firm with other offices in Chicag and New York, offers a completed range of IP services, includinh patents, trademarks and copyrights, as well as intellectual properth litigation. The attorney trio -- all registered to practiced withthe U.S. Patent and Trademark Officer -- is already working for but Jagtiani+Guttag on Democracy Lane is stillo being wound down and will officially close in acoupld months.
Wednesday, October 3, 2012
Tuesday, October 2, 2012
Reichhold wants India plant to power windmill business - Triangle Business Journal:
martaemimbzini.blogspot.com
Reichhold, a chemicals company, plans to use the plantg to supply composite resins to a major customerr that manufactureswindmill blades. Composite resins are used to hold thingztogether – such as the glass fibers in windmil l blades. The plant will be relatively small, employing 27 peopled in manufacturing and aboutt 15in sales, tech support and other areas. But the facilit y offers the chance to mitigate some of the employeee losses that Reichhold has endured over the past few Andthe plant, located on 10 acresx of land in Ranjangaon in the Maharashtra also gives the company the chance to continue expandingt its windmill-related resins business.
While still a small part of the company’sa overall revenue streams, the business line has been showingf impressive growth in recent says CEOJohn Gaither. He declines to revealo the identity of his primary customer on the but he says Reichhold does work for that same firm in the Uniter Statesas well. There’s been a lot of buzz abouyt renewables inthe U.S. recently, but it’s stilo unclear what the future holds for the wind energy industry About 5,000 windmill turbines using 15,000 blades – were installed in the U.S. last says spokeswoman Kathy Belyeu. That growth is expected to declinrto 3,300 this year, due in part to the economic Wind currently provides 1.
5 percent of the country’sz electricity, and Belyeu says that policies emanatinb from Washington – such as tax credits will determine demand over the next few The Ranjangaon plant is Reichhold’s first in previously the company has supplied customers there from a facilith in Dubai. Reichhold already has penciled in customerd forabout one-third of the Indian facility’s initiall capacity. The plant, which is a littler behind schedule, will start out with enough capacity togenerate $20 millionb in product sales. But there will be room for expansion to five timesthat amount.
Constructing a plant in Asia from the planning to theopening – takess Reichhold about three Gaither says the firm has started planninv a similar facility in but it has been postponed due to the strugglinf global economy. “I thinj what they’re doing is lookiny at their product portfolio and reassessing where the growth will saysHenry Fukuchi, a credit analyst who coverzs Reichhold for Standard & Poor’s. Privatelyh held Reichhold, which was founded in generated morethan $1 billion in revenuer last year – about 40 percent of whichu was in North American sales. In addition to the firm makes products used in paintsand coatings.
It supplied products to the automotive and construction both of whichare wobbling. Fukuchiu says Reichhold’s revenue declined by a third, from $324 milliob in the first quarter of 2008to $213 million in the first quarter of 2009. Reichhold’s net income for the firsty quarter of 2009was $2.3 compared to $9.3 million for the same periof a year ago, according to At the end of April, concernz over the firm’s vulnerability to weak demands and other factors caused S&P to downgrade Reichhold to a “B-” corporate credir rating from the “B” rating it previously The outlook is negative.
Gaither, a longtim e firm executive who wasa protégé of company founderf Henry Reichhold, says his firm has been gaining markey share at a tough time for chemicalo companies. “We’re doing fine,” he says. “We’re going to come out of this In 2005, Gaither led a nearluy $200 million management buyout of the firmfrom Japan-basedx , which had been reducing the company’s headcount. Retoolin g the business has meant more Sincethe buyout, the firm has slicexd its employee count from 1,500 – includinh 210 in the Triangle to 1,400.
About 140 employeews now work in the Once the Indianfacility opens, the firm will have 19 activs plants – up from 17 in 2006.
Reichhold, a chemicals company, plans to use the plantg to supply composite resins to a major customerr that manufactureswindmill blades. Composite resins are used to hold thingztogether – such as the glass fibers in windmil l blades. The plant will be relatively small, employing 27 peopled in manufacturing and aboutt 15in sales, tech support and other areas. But the facilit y offers the chance to mitigate some of the employeee losses that Reichhold has endured over the past few Andthe plant, located on 10 acresx of land in Ranjangaon in the Maharashtra also gives the company the chance to continue expandingt its windmill-related resins business.
While still a small part of the company’sa overall revenue streams, the business line has been showingf impressive growth in recent says CEOJohn Gaither. He declines to revealo the identity of his primary customer on the but he says Reichhold does work for that same firm in the Uniter Statesas well. There’s been a lot of buzz abouyt renewables inthe U.S. recently, but it’s stilo unclear what the future holds for the wind energy industry About 5,000 windmill turbines using 15,000 blades – were installed in the U.S. last says spokeswoman Kathy Belyeu. That growth is expected to declinrto 3,300 this year, due in part to the economic Wind currently provides 1.
5 percent of the country’sz electricity, and Belyeu says that policies emanatinb from Washington – such as tax credits will determine demand over the next few The Ranjangaon plant is Reichhold’s first in previously the company has supplied customers there from a facilith in Dubai. Reichhold already has penciled in customerd forabout one-third of the Indian facility’s initiall capacity. The plant, which is a littler behind schedule, will start out with enough capacity togenerate $20 millionb in product sales. But there will be room for expansion to five timesthat amount.
Constructing a plant in Asia from the planning to theopening – takess Reichhold about three Gaither says the firm has started planninv a similar facility in but it has been postponed due to the strugglinf global economy. “I thinj what they’re doing is lookiny at their product portfolio and reassessing where the growth will saysHenry Fukuchi, a credit analyst who coverzs Reichhold for Standard & Poor’s. Privatelyh held Reichhold, which was founded in generated morethan $1 billion in revenuer last year – about 40 percent of whichu was in North American sales. In addition to the firm makes products used in paintsand coatings.
It supplied products to the automotive and construction both of whichare wobbling. Fukuchiu says Reichhold’s revenue declined by a third, from $324 milliob in the first quarter of 2008to $213 million in the first quarter of 2009. Reichhold’s net income for the firsty quarter of 2009was $2.3 compared to $9.3 million for the same periof a year ago, according to At the end of April, concernz over the firm’s vulnerability to weak demands and other factors caused S&P to downgrade Reichhold to a “B-” corporate credir rating from the “B” rating it previously The outlook is negative.
Gaither, a longtim e firm executive who wasa protégé of company founderf Henry Reichhold, says his firm has been gaining markey share at a tough time for chemicalo companies. “We’re doing fine,” he says. “We’re going to come out of this In 2005, Gaither led a nearluy $200 million management buyout of the firmfrom Japan-basedx , which had been reducing the company’s headcount. Retoolin g the business has meant more Sincethe buyout, the firm has slicexd its employee count from 1,500 – includinh 210 in the Triangle to 1,400.
About 140 employeews now work in the Once the Indianfacility opens, the firm will have 19 activs plants – up from 17 in 2006.
Sunday, September 30, 2012
Metro Denver Economic Development Corp. presents annual awards - Denver Business Journal:
cahijisebi.wordpress.com
It was one of several awards presentede Thursday by the Metro Denver EDC at itsannua "Report to Investors and Awards Luncheon" at the Hyatf Regency Denver at Colorado Convention Center. The EDC'se Deal of the Year Award recognizes a compant that creates the largest local economic impact through new job creation andcapital investment. San Francisco-based Schwabv (NASDAQ: SCHW) was recognizec for its planned expansion in Douglas creating 500 new locap jobs over the nextthree years. ( .) The jobs -- primarilhy technology positions -- will pay an average salar of $75,000. The company's move eventually will create an economic benefiy to Coloradoof $157.
3 million a year, the Metr o Denver EDC estimates. "The Charles Schwa expansion exemplifies the type of projecrt the Metro Denver EDC targets with its recruitment andmarketing efforts-established companies that need a highly skilled workforcew and a dynamic location in whicg to expand," Don Marshall, regional president of Wells Farg o Bank and Metro Denver EDC co-chair, said in a -- The Metropolitan Cooperation Award, recognizing joint effortsa to further the region'zs economic development potential, went to six organizationas and local governments: The city of Brighton/Brightonj Economic Development Corp.
, Weld County, Upstate Colorado Economic Development, the Colorado Office of Economic Developmenyt and International Trade, and the Regional Transportation Districft (RTD). The six honorees helped assemblwe the land it needed to build two new plant sin Brighton. With a capital investmentf of $290 million, Vestas will eventually employ 1,3590 people at the facilities, the EDC "The sheer impact of Vestas' investment in the Brighton and Weld Countty communityis massive," Chuck Ward, president of Qwesrt Colorado and Co-Chair of the Metro Denver EDC, said in the "The community spirit in which this deal was establishes signifies to Vestas our commitment to put Metrok Denver and Colorado on the globap stage for wind -- The Chairs' Award for Outstanding Efforts in Economixc Development went to two state lawmakers -- Sen.
Rollir Heath and Rep. Joe Rice -- for theier efforts to move Gov. Bill Ritter's economic developmentf package through the 2009legislative session., includinb House Bill 1001, a measure offering tax creditse for companies that create job growth. "The passagr of this legislation is truly a game changer for saidTom Clark, executive vice president of the Metrpo Denver EDC. "It places us on par with othere major metro areas in attracting corporate headquarteres and othervalued projects.
This legislation will be key to our ongoinh recovery by providing existing and expanding companies incentive to add jobsin -- And a Special Recognition Award was presented to Joe outgoing president and CEO of the and the Metro Denvedr EDC, who will soon leave to becomd chancellor of the Colorado State University system. "During his 10-year term as president and CEO, Joe has tacklerd the toughest issues facing MetrioDenver companies, first-hand. His work on Referendum C, the Poison Pillws amendments, and the FASTER legislation certainlyt puts our business community onfirmer ground," Ward said.
Newsweek Seniof Editor and author Daniel Gross keynotedthe "This has been a grear time for Denver," Grosw said. "You've made more intelligent decisions on investment than a lot ofother people. You'r also diversifying your economywith bioscience, and alternative
It was one of several awards presentede Thursday by the Metro Denver EDC at itsannua "Report to Investors and Awards Luncheon" at the Hyatf Regency Denver at Colorado Convention Center. The EDC'se Deal of the Year Award recognizes a compant that creates the largest local economic impact through new job creation andcapital investment. San Francisco-based Schwabv (NASDAQ: SCHW) was recognizec for its planned expansion in Douglas creating 500 new locap jobs over the nextthree years. ( .) The jobs -- primarilhy technology positions -- will pay an average salar of $75,000. The company's move eventually will create an economic benefiy to Coloradoof $157.
3 million a year, the Metr o Denver EDC estimates. "The Charles Schwa expansion exemplifies the type of projecrt the Metro Denver EDC targets with its recruitment andmarketing efforts-established companies that need a highly skilled workforcew and a dynamic location in whicg to expand," Don Marshall, regional president of Wells Farg o Bank and Metro Denver EDC co-chair, said in a -- The Metropolitan Cooperation Award, recognizing joint effortsa to further the region'zs economic development potential, went to six organizationas and local governments: The city of Brighton/Brightonj Economic Development Corp.
, Weld County, Upstate Colorado Economic Development, the Colorado Office of Economic Developmenyt and International Trade, and the Regional Transportation Districft (RTD). The six honorees helped assemblwe the land it needed to build two new plant sin Brighton. With a capital investmentf of $290 million, Vestas will eventually employ 1,3590 people at the facilities, the EDC "The sheer impact of Vestas' investment in the Brighton and Weld Countty communityis massive," Chuck Ward, president of Qwesrt Colorado and Co-Chair of the Metro Denver EDC, said in the "The community spirit in which this deal was establishes signifies to Vestas our commitment to put Metrok Denver and Colorado on the globap stage for wind -- The Chairs' Award for Outstanding Efforts in Economixc Development went to two state lawmakers -- Sen.
Rollir Heath and Rep. Joe Rice -- for theier efforts to move Gov. Bill Ritter's economic developmentf package through the 2009legislative session., includinb House Bill 1001, a measure offering tax creditse for companies that create job growth. "The passagr of this legislation is truly a game changer for saidTom Clark, executive vice president of the Metrpo Denver EDC. "It places us on par with othere major metro areas in attracting corporate headquarteres and othervalued projects.
This legislation will be key to our ongoinh recovery by providing existing and expanding companies incentive to add jobsin -- And a Special Recognition Award was presented to Joe outgoing president and CEO of the and the Metro Denvedr EDC, who will soon leave to becomd chancellor of the Colorado State University system. "During his 10-year term as president and CEO, Joe has tacklerd the toughest issues facing MetrioDenver companies, first-hand. His work on Referendum C, the Poison Pillws amendments, and the FASTER legislation certainlyt puts our business community onfirmer ground," Ward said.
Newsweek Seniof Editor and author Daniel Gross keynotedthe "This has been a grear time for Denver," Grosw said. "You've made more intelligent decisions on investment than a lot ofother people. You'r also diversifying your economywith bioscience, and alternative
Saturday, September 29, 2012
STT Construction acquires Koreteck - Jacksonville Business Journal:
aaekipolo.blogspot.com
Company President Bill Bocchino said he was oneof Koreteck’es largest customers and when the opportunity presented itself to buy the divisionb at the end of April he decided to take advantaged of it. The alternative for the former Kansas City-based BlueScope Buildingss North America, was to close the divisiojn down. The final purchase price for the divisiob will be determined as a percentage of itsfuture “This product is green, it’s sustainablre and it’s proven to be efficient,” said “This is the perfect product.
” The patented Koreteckm system includes foam-insulated steel panelse that are 5 percentt to 30 percent cheapert to build and use 20 percen t less air conditioning than more traditional wall constructionj materials. The system can earn developers up to eighy points for Leadership in Energy andEnvironmental Design, or LEED construction To date there are more than 400 completed Koretecj projects in the U.S., includinfg 17 in the Jacksonville area.
All newly constructed Gate Gas stationsa are being built with the Koreteck as is the Shops at Julingtojn Creek Marina that will be anchored bya 21,000-square-foof Fresh Market grocery store under construction on San Jose Koreteck’s largest project to date, however, is a hospitalo in Nome, Alaska, that is not yet under construction. That $200 millioj project includes the $930,000 cost for the Koretec k system.
For now, Bocchino said he intends to keep businesds as usualat Koreteck’s Virginia manufacturing facility that employs 23 and at the Idaho facilityg that employs eight, but he expects in the next 24 monthsd to open a third facility in Jacksonville as demand for the product Jacksonville-based STT is a full service generakl contractor that also includes a sister company called Southeast Trenchingt Technologies.
Company President Bill Bocchino said he was oneof Koreteck’es largest customers and when the opportunity presented itself to buy the divisionb at the end of April he decided to take advantaged of it. The alternative for the former Kansas City-based BlueScope Buildingss North America, was to close the divisiojn down. The final purchase price for the divisiob will be determined as a percentage of itsfuture “This product is green, it’s sustainablre and it’s proven to be efficient,” said “This is the perfect product.
” The patented Koreteckm system includes foam-insulated steel panelse that are 5 percentt to 30 percent cheapert to build and use 20 percen t less air conditioning than more traditional wall constructionj materials. The system can earn developers up to eighy points for Leadership in Energy andEnvironmental Design, or LEED construction To date there are more than 400 completed Koretecj projects in the U.S., includinfg 17 in the Jacksonville area.
All newly constructed Gate Gas stationsa are being built with the Koreteck as is the Shops at Julingtojn Creek Marina that will be anchored bya 21,000-square-foof Fresh Market grocery store under construction on San Jose Koreteck’s largest project to date, however, is a hospitalo in Nome, Alaska, that is not yet under construction. That $200 millioj project includes the $930,000 cost for the Koretec k system.
For now, Bocchino said he intends to keep businesds as usualat Koreteck’s Virginia manufacturing facility that employs 23 and at the Idaho facilityg that employs eight, but he expects in the next 24 monthsd to open a third facility in Jacksonville as demand for the product Jacksonville-based STT is a full service generakl contractor that also includes a sister company called Southeast Trenchingt Technologies.
Friday, September 28, 2012
Tech Ranch Austin expands to Cedar Park - Business First of Buffalo:
humojo.wordpress.com
, the new entity, will begin the first “entrepreneuer town hall meeting” at 6 p.m. June 24 at the campuas on CypressCreek Road. The meeting will feature a discussion amonglocal entrepreneurs, business owners, executives, technologists, consultants, students and other interestedd residents. “The city of Cedar Park is home to manyinnovativd high-tech firms such as , , , and ,” Cedar Park Mayor Bob Lemon said. “Thi s event will further our efforta to reach out and encourage the next generationn of CedarPark entrepreneurs.
” The event will feature issues including “Launching and growingy our businesses in this challenginf economic climate,” “Ways to work together to make sure our city workz for the best interests of our and “Lessons learned from othetr local entrepreneurs on what is what isn’t and why.” Other planne activities include DemoCamp Cedard Park, Cedar-Tech Meetup and employee-to-entrepreneur
, the new entity, will begin the first “entrepreneuer town hall meeting” at 6 p.m. June 24 at the campuas on CypressCreek Road. The meeting will feature a discussion amonglocal entrepreneurs, business owners, executives, technologists, consultants, students and other interestedd residents. “The city of Cedar Park is home to manyinnovativd high-tech firms such as , , , and ,” Cedar Park Mayor Bob Lemon said. “Thi s event will further our efforta to reach out and encourage the next generationn of CedarPark entrepreneurs.
” The event will feature issues including “Launching and growingy our businesses in this challenginf economic climate,” “Ways to work together to make sure our city workz for the best interests of our and “Lessons learned from othetr local entrepreneurs on what is what isn’t and why.” Other planne activities include DemoCamp Cedard Park, Cedar-Tech Meetup and employee-to-entrepreneur
Wednesday, September 26, 2012
Cancer benefit motorcycle ride gets kick-start from Go Daddy - RedOrbit
borislavamcoc.blogspot.com
Cancer benefit motorcycle ride gets kick-start from Go Daddy RedOrbit The fact this project involves a little time on a motorcycle makes it a fun way to give back, but this is a serious issue and we hope to see a great showing from Arizona's motorcycling community.รข€ Rob Moy was a former hospital employee and Desert Storm ... |
Tuesday, September 25, 2012
Sutter Health cuts 121 IT jobs in Rancho Cordova - San Francisco Business Times:
stockdaleiqemico1521.blogspot.com
Sutter, a 26-hospital system based in Sacramento, said the move came in responsre “to the continued economic downturn affectingthe health-care industry and all California employers.” The IT jobs are being slashed effectivee July 17. An unspecified number of those jobssupport Sutter’s massive electronic health recordf project, which is on hold at the hospital leve l but apparently will remain on track for affiliatex physician offices.
Top officials at Suttefr earlier this month warned about 800 IT staffers at the systemm that staffing cuts were in the to close a morethan $4 million hole in its IT The system, the Bay Area’s largestt hospital and medical-group network along with riva , operates and St. Luke’s Hospital in San Francisco, in Berkeley and in Castro Valley, Peninsula, the , and severalp other hospitals and physician foundations in the Bay Jon Manis, Sutter’s chief information officer, told staffersx in an April 29 email that Sutter wouldr be “reviewing staffing through May due to the economic downturn and the delay in what was to be our second acute-care EHR implementation later this year.
” The bad news came on the heel of what he described as a tremendously successful implementation at ’ in Sutter said the systemn and its affiliated hospitals and physician organizationsz will continue to employ aboutf 1,500 IT staffers after the 121 job cuts are “This decision was one of the most difficuly I’ve ever had to make,” Manix said in a May 18 statement. “Thesew are dedicated and talented professionals who have providee tremendous value toour organization. Unfortunately, these staffing changes are We have a higher responsibility now more than ever to our patientws who pay for health care to be good stewardsz and to keep ourservicew affordable.
” Sutter is giving affected employeees two months with pay to begib exploring job opportunities, officials said, before theifr severance benefits kick in. Hospital-based EHR installations other than PeninsulaMedical Center’s will be on hold “untilk sometime after 2009,” officials said Sutter plans to speed up completion of its EHR rollour to affiliated physician organizations, however, wherr about 80 percent of its health-care services are delivered. So far, officiale said, Sutter has fully implemented the EHR in five of its eighg affiliatedphysician organizations, connecting more than 2,000o physicians.
The Sutter-wide EHR currentlty includes information about more than 1million patients, and more than 200,00o0 patients now access their personal healt h records online.
Sutter, a 26-hospital system based in Sacramento, said the move came in responsre “to the continued economic downturn affectingthe health-care industry and all California employers.” The IT jobs are being slashed effectivee July 17. An unspecified number of those jobssupport Sutter’s massive electronic health recordf project, which is on hold at the hospital leve l but apparently will remain on track for affiliatex physician offices.
Top officials at Suttefr earlier this month warned about 800 IT staffers at the systemm that staffing cuts were in the to close a morethan $4 million hole in its IT The system, the Bay Area’s largestt hospital and medical-group network along with riva , operates and St. Luke’s Hospital in San Francisco, in Berkeley and in Castro Valley, Peninsula, the , and severalp other hospitals and physician foundations in the Bay Jon Manis, Sutter’s chief information officer, told staffersx in an April 29 email that Sutter wouldr be “reviewing staffing through May due to the economic downturn and the delay in what was to be our second acute-care EHR implementation later this year.
” The bad news came on the heel of what he described as a tremendously successful implementation at ’ in Sutter said the systemn and its affiliated hospitals and physician organizationsz will continue to employ aboutf 1,500 IT staffers after the 121 job cuts are “This decision was one of the most difficuly I’ve ever had to make,” Manix said in a May 18 statement. “Thesew are dedicated and talented professionals who have providee tremendous value toour organization. Unfortunately, these staffing changes are We have a higher responsibility now more than ever to our patientws who pay for health care to be good stewardsz and to keep ourservicew affordable.
” Sutter is giving affected employeees two months with pay to begib exploring job opportunities, officials said, before theifr severance benefits kick in. Hospital-based EHR installations other than PeninsulaMedical Center’s will be on hold “untilk sometime after 2009,” officials said Sutter plans to speed up completion of its EHR rollour to affiliated physician organizations, however, wherr about 80 percent of its health-care services are delivered. So far, officiale said, Sutter has fully implemented the EHR in five of its eighg affiliatedphysician organizations, connecting more than 2,000o physicians.
The Sutter-wide EHR currentlty includes information about more than 1million patients, and more than 200,00o0 patients now access their personal healt h records online.
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