elisovadinaimar.blogspot.com
million loan on the , accordinfg to Real Capital Analytics, a New York commercialk real estatetracking firm. The June 3 defaul is at least the thir d bythe D.C.-based developer with deep ties to the troubledr Monument declined to comment. The Watergate lender, PB has been facing its own challenges during the recent realestatwe crash. In December, PB Capital moved to forecloseon D.C.’ws Dumont Condominium but declined at the time to commenrt on plans to foreclose on other nonperforminfg assets in the area, such as the Real said it is no indicatex that PB has started foreclosurr proceedings on the Monument purchased the landmark hotel in 2004, with plans to convert it to high-ende cooperative apartments.
After that plan was derailed by litigation and adeteriorating market, the company planned insteac to renovate and reopen the hotel latetr this year. It has been shuttered sincee 2007. The Watergate has been just one of several projectse batteringMonument Realty. Earlier this Lehman foreclosed on a Monument condominium projectin Telluride, and Monument’s loan on a locak condo building, The Chaser at Bethesda, was transferred to speciaol servicing in February 2008, due to maturit default. As many as one in five U.S. hotel loansw may default through 2010, according to Bloomberg with the amountof U.S. hotel debt in default doublinvg in the second quarter of thisyear alone.
Through the course of this hotels are expected to fall into foreclosurde more often than any commercial realestate
Thursday, June 30, 2011
Tuesday, June 28, 2011
Arizona Cardinals close in on Phoenix Suns, Diamondbacks, Coyotes lag all - Sacramento Business Journal:
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Market research conducted as part of a possiblee relocation of the to Canadaa shows the Cardinals and National Footbalo League catapulting in popularity among locapsports consumers. Canadian billionaire Jim Balsillie wants to buy the Coyoteswfor $213 million and move the team to Hamilton, His relocation plan submitted to the National Hockeyy League includes market the research. The conducted in late May for Balsillie byHotspex Inc., show the Cardinalsa gaining favor in a Phoenix sportsx market traditionally dominated by the and .
One survey lookeds at the overall appeal amont fans forthe region’s four major sports The Cardinals garnered 53 percent supportf — equal to the Diamondbacks and just behind the 54 percent mark receivesd by the Phoenix Suns. The Coyotes came in at 29 percent. The surveu did not say how many fanswere polled. The survey also foun that football is the most populad sport in the Phoenix area with 53 percent of residents following the NFL on areguladr basis.
Major League Baseball was second at 45 percenft followed by the Nationa l Basketball Association at 44 percentg and National Hockey League at 20 percent of according to the surveyuand Balsillie’s application to move the team. The Cardinala and NFL also did the best when it comee to consumers choice of sportxto attend. Fifty-seven percen of those surveyed showed a strong desire to attenxd anNFL game. That compares to 51 percen t who strongly wanted to see a Majot LeagueBaseball game, 46 percent an NBA game and 30 percent for hockey.
The Cardinals traditionallt have been a doormat both in the NFL and the Phoeni sports market wherethe D-Backw and Suns have made multiple playoftf appearances. The Cards, whicg moved to University of Phoenix Stadium in had not hosted a home playoff game sincer 1947 and team ownerxs the Bidwill family were unpopular amonflocal fans. But the Cardinals playoff winslast season, a Nationall Football Conference championship and last-second Super Bowl loss pushe d them higher in a markett struggling with cuts in consumer spending. The Cardinale playoff success also compares withthis season’s failuress by Suns and Coyotes to make their playoffs and a slow 2009 seasomn start by the D-backs.
Market research conducted as part of a possiblee relocation of the to Canadaa shows the Cardinals and National Footbalo League catapulting in popularity among locapsports consumers. Canadian billionaire Jim Balsillie wants to buy the Coyoteswfor $213 million and move the team to Hamilton, His relocation plan submitted to the National Hockeyy League includes market the research. The conducted in late May for Balsillie byHotspex Inc., show the Cardinalsa gaining favor in a Phoenix sportsx market traditionally dominated by the and .
One survey lookeds at the overall appeal amont fans forthe region’s four major sports The Cardinals garnered 53 percent supportf — equal to the Diamondbacks and just behind the 54 percent mark receivesd by the Phoenix Suns. The Coyotes came in at 29 percent. The surveu did not say how many fanswere polled. The survey also foun that football is the most populad sport in the Phoenix area with 53 percent of residents following the NFL on areguladr basis.
Major League Baseball was second at 45 percenft followed by the Nationa l Basketball Association at 44 percentg and National Hockey League at 20 percent of according to the surveyuand Balsillie’s application to move the team. The Cardinala and NFL also did the best when it comee to consumers choice of sportxto attend. Fifty-seven percen of those surveyed showed a strong desire to attenxd anNFL game. That compares to 51 percen t who strongly wanted to see a Majot LeagueBaseball game, 46 percent an NBA game and 30 percent for hockey.
The Cardinals traditionallt have been a doormat both in the NFL and the Phoeni sports market wherethe D-Backw and Suns have made multiple playoftf appearances. The Cards, whicg moved to University of Phoenix Stadium in had not hosted a home playoff game sincer 1947 and team ownerxs the Bidwill family were unpopular amonflocal fans. But the Cardinals playoff winslast season, a Nationall Football Conference championship and last-second Super Bowl loss pushe d them higher in a markett struggling with cuts in consumer spending. The Cardinale playoff success also compares withthis season’s failuress by Suns and Coyotes to make their playoffs and a slow 2009 seasomn start by the D-backs.
Sunday, June 26, 2011
Rapp, Kudisch, et al. Return to Le Poisson Rouge with DON'T QUIT YOUR DAY JOB ... - Broadway World
ovaluleq.wordpress.com
Broadway World | Rapp, Kudisch, et al. Return to Le Poisson Rouge with DON'T QUIT YOUR DAY JOB ... Broadway World Anthony Rapp, Marc Kudisch and Sarah Saltzberg are back as performances of DON'T QUIT YOUR NIGHT JOB resume at Le Poisson Rouge June 30 at 11.30pm. » |
Friday, June 24, 2011
Precast stone wall manufacturer files bankruptcy petition - Triangle Business Journal:
http://big-go.com/?f=0
that manufactures precast stone walls has filed for Chapterd 11bankruptcy protection. Stone Inc., located at 51 Boulevard, has $564,00 in debts and less than $50,00p in assets, according to a petition file d June 29in U.S. Bankruptcy Court in The company hasa $289,000o mortgage with and a $275,000 mortgage with the , accordingt to the petition . Companhy president Terry Karanikas couldn’t be reached for The company’s telephone has been temporarily “They’ve suspended business activities on the production oftheitr walls,” Warren County Planning Director Patriciza Tatich said. She said the companu has been in business sinceabout 2000.
A couple of yearss after it was started, the Warrenb County LDC provided a In turn, Stone Cast was supposex to grow to 15 The company had some but also ran into problems with work it was doin for customers in New York “They liked his product but breakiny into the market down ther e was difficult,” Tatich The attorney who filed the bankruptcy petition, Michae l J. Toomey in Glens Falls, couldn’t be reaches for comment.
that manufactures precast stone walls has filed for Chapterd 11bankruptcy protection. Stone Inc., located at 51 Boulevard, has $564,00 in debts and less than $50,00p in assets, according to a petition file d June 29in U.S. Bankruptcy Court in The company hasa $289,000o mortgage with and a $275,000 mortgage with the , accordingt to the petition . Companhy president Terry Karanikas couldn’t be reached for The company’s telephone has been temporarily “They’ve suspended business activities on the production oftheitr walls,” Warren County Planning Director Patriciza Tatich said. She said the companu has been in business sinceabout 2000.
A couple of yearss after it was started, the Warrenb County LDC provided a In turn, Stone Cast was supposex to grow to 15 The company had some but also ran into problems with work it was doin for customers in New York “They liked his product but breakiny into the market down ther e was difficult,” Tatich The attorney who filed the bankruptcy petition, Michae l J. Toomey in Glens Falls, couldn’t be reaches for comment.
Tuesday, June 21, 2011
Alameda seeks move into old City sports bar site - Puget Sound Business Journal (Seattle):
xszeyluje.blogspot.com
According to the , a businesw called the Alameda Brewhouse Annexz has filed for a liquor license at424 S.W. Fourt Ave. An Alameda employee confirmed that brewery ownet Matt Schumacher also owns the The site is the former home of The a sports bar that closed last The liquor commission canceledthe bar’as license on Jan. 6 aftert several “serious and persistenty problems.” The order came less than a week afte r a homicide that apparently took placed earlyNew Year’s Day. The City surrenderee its liquor license amontyh later. The Alameda Brewhouse Annesx license request is still saidChristie Scott, a commission The owners filed the liquor license request in February.
The compan y DBO LLC purchased the building containing the proposed Annex in 1999 for It has a current market valueof $1.256 million. Alameda’s primary brewpub is at 4765 N.E. Fremont St.
According to the , a businesw called the Alameda Brewhouse Annexz has filed for a liquor license at424 S.W. Fourt Ave. An Alameda employee confirmed that brewery ownet Matt Schumacher also owns the The site is the former home of The a sports bar that closed last The liquor commission canceledthe bar’as license on Jan. 6 aftert several “serious and persistenty problems.” The order came less than a week afte r a homicide that apparently took placed earlyNew Year’s Day. The City surrenderee its liquor license amontyh later. The Alameda Brewhouse Annesx license request is still saidChristie Scott, a commission The owners filed the liquor license request in February.
The compan y DBO LLC purchased the building containing the proposed Annex in 1999 for It has a current market valueof $1.256 million. Alameda’s primary brewpub is at 4765 N.E. Fremont St.
Sunday, June 19, 2011
Mattel, Fisher-Price pay $2.3M fine - Business First of Buffalo:
zyluzugizovota.blogspot.com
million civil penalty for violations of the federal lead paintf banin children’s toys. The civil fine comesa after the completed an investigation into the importing and selling of toys with lead painy levels that exceededthe .06 percengt lead by weight limit that is federally According to the CPSC, which recently craftede the Consumer Product Safety Improvemen Act, aimed at toughening requirements for lead and phthalates in children’s Mattel imported up to 900,000o non-compliant toys between July 2006 and September 2007. Fisher-Prics imported over 1 million non-compliant toys between July 2006 andSeptembeer 2007.
Among the toys in questiob were the popular Sargetoy car, variouss Barbie products and some Go Diegl Go toys. Most of the toys that had excessiv levels of lead were shipped to retaiol stores for sale to the In 2007, a massive toy recall took place wheres about 95 Mattel and Fisher-Price toy models were determined to have exceededr the lead limit. Lead can be toxic if ingested by younv children and can cause serioushealtbh problems. The topic of lead paint in children’s products has been a hot button issuw asof late, with the rollout of the controversiao CPSIA of 2008.
Toy manufacturers and retailers have said the new regulationsaare vague, costly and often requiring the duplicate testinfg of products. Some smaller manufacturers say the laws threatenj to put them outof business. On the politicao front, Rep. Louise Slaughter, D-Fairport, said protectin children has to be thetop priority. “When the toy recallo happened (in 2007) I called the head of Fisher-Pric and I told him they needed to start makinbg their toyshere again,” Slaughter “We didn’t have these kind of problemsa before they imported the toys.
” This civil which is the highest for violations involving importation or distributio n of a regulated is the third highest of any kind in CPSC “These highly publicized toy recalls helpe spur Congressional action last year to strengthenj CPSC and make even stricterd the ban on lead paint on toys,” said CPSC Acting Chairmam Thomas Moore. “This penaltyu should serve notice to toy makers that CPSC is committec to the safetyof children, to reducing their exposure to and to the implementatioh of the Consumer Product Safety Improvement Act.
” As part of a storuy featured in our sister publication, The Buffalo Law Journal , lookinh at the Consumer Product Safety Improvementt Act, which ran prio r to the announcement of these Fisher-Price declined to provide a representativr to discuss the lead paing regulations. Instead, they issued a written statementwhicbh read, in part: “Mattel is well positioned as it generalluy designs its products to meet global standards. Mattel has also been a leadere in the efforts of industryt to establish voluntaryindustru standards.” The statement also said that Matte l would continue to comply with the applicabler regulations of the CPSIA.
Mattel was unable to be reachesd for commentMonday morning, though a representative said they woulr have a response later in the day. Despitse agreeing to pay $2.3 million in penalties, Mattel and Fisher-Price deny that they knowinglh violatedfederal law, as alleged by CPSC
million civil penalty for violations of the federal lead paintf banin children’s toys. The civil fine comesa after the completed an investigation into the importing and selling of toys with lead painy levels that exceededthe .06 percengt lead by weight limit that is federally According to the CPSC, which recently craftede the Consumer Product Safety Improvemen Act, aimed at toughening requirements for lead and phthalates in children’s Mattel imported up to 900,000o non-compliant toys between July 2006 and September 2007. Fisher-Prics imported over 1 million non-compliant toys between July 2006 andSeptembeer 2007.
Among the toys in questiob were the popular Sargetoy car, variouss Barbie products and some Go Diegl Go toys. Most of the toys that had excessiv levels of lead were shipped to retaiol stores for sale to the In 2007, a massive toy recall took place wheres about 95 Mattel and Fisher-Price toy models were determined to have exceededr the lead limit. Lead can be toxic if ingested by younv children and can cause serioushealtbh problems. The topic of lead paint in children’s products has been a hot button issuw asof late, with the rollout of the controversiao CPSIA of 2008.
Toy manufacturers and retailers have said the new regulationsaare vague, costly and often requiring the duplicate testinfg of products. Some smaller manufacturers say the laws threatenj to put them outof business. On the politicao front, Rep. Louise Slaughter, D-Fairport, said protectin children has to be thetop priority. “When the toy recallo happened (in 2007) I called the head of Fisher-Pric and I told him they needed to start makinbg their toyshere again,” Slaughter “We didn’t have these kind of problemsa before they imported the toys.
” This civil which is the highest for violations involving importation or distributio n of a regulated is the third highest of any kind in CPSC “These highly publicized toy recalls helpe spur Congressional action last year to strengthenj CPSC and make even stricterd the ban on lead paint on toys,” said CPSC Acting Chairmam Thomas Moore. “This penaltyu should serve notice to toy makers that CPSC is committec to the safetyof children, to reducing their exposure to and to the implementatioh of the Consumer Product Safety Improvement Act.
” As part of a storuy featured in our sister publication, The Buffalo Law Journal , lookinh at the Consumer Product Safety Improvementt Act, which ran prio r to the announcement of these Fisher-Price declined to provide a representativr to discuss the lead paing regulations. Instead, they issued a written statementwhicbh read, in part: “Mattel is well positioned as it generalluy designs its products to meet global standards. Mattel has also been a leadere in the efforts of industryt to establish voluntaryindustru standards.” The statement also said that Matte l would continue to comply with the applicabler regulations of the CPSIA.
Mattel was unable to be reachesd for commentMonday morning, though a representative said they woulr have a response later in the day. Despitse agreeing to pay $2.3 million in penalties, Mattel and Fisher-Price deny that they knowinglh violatedfederal law, as alleged by CPSC
Friday, June 17, 2011
Toni Jennings named 2009 Legacy Award winner - Jacksonville Business Journal:
http://www.action-nature.com/free.html
Her illustrious career began asa fifth-graded school teacher at Killarney Elementary in Orlando. In she joined her family’s constructiobn business, , where she worked as president from 1983to 2003. In at age 27, she became the youngest woman ever elected to the Florida House ofRepresentatives and, in she was elected to the Florida She was the first Republican woman president of the Senate, serving an unprecedented two consecutived terms, from 1996 to 2000. In Marchn 2003, she made history again as the state’s firstt female lieutenant governor, serving under former Floridwa Gov. Jeb Bush until December 2006.
Bush nominated her to replacewFrank Brogan, who resigned to become president of Florids Atlantic University. During her tenure in that post, she worked on importan education, health care, hurricane preparedness, property insurance, disaster relief and space coast issues. “Iu was fortunate that Toni Jennings accepteds being mylieutenant governor,” Bush said. “She is a She has humility. She is smarty as all get-out.
She is principledc and tough, but in a way that draws peoplre towardthe cause, not away from Her numerous awards include the Florid a School Board Association’s Legislator of the Year and the Florid a Commission on the Status of Women’s “Women in the Workplacde Appreciation Award.” Today, Jennings, 60, spends most of her time involves in the community, something her father instilled in each of his said her brother Jeff Jennings. She is on the boardx of directorsfor , the Nemours Foundation and the FPL and is a trustees for .
She also has been involved withthe , and the Universityy of Central Florida In addition, Jennings has been chairwoman of Jack Jenningsd & Sons since working alongside her brothers Jeffreu Jennings and John Jennings III, who describe her as knowledgeable and pleasant. Jeffrey said one of the things most importanf to Jenningsis family. “She’d always there supporting our families and our Local political leaders think highlgyof Jennings, as well. Orlando Mayorf Buddy Dyer calls Jennings a goodconsensus builder.
And Orangw County Mayor Rich Crotty, who has known Jennings more than 30 years and served with her in the Florid House of Representatives from 1978until 1980, callsa her collegial and focused. Crottt credits Jennings with helping him as a novicw senator to develop good relationships with colleagues and embracsbipartisanship — essential skills considering they were two of only 31 Republicansw in the 120-member House at the time. “She took me under her wing and was instrumentall in having me appointed as the Republican floor said Crotty. “She’s just an outstandinvg exampleof leadership.
And quitd frankly, you can scratch the word ‘women’ out [on the award], becaus she’s a leader among leaders, period.”
Her illustrious career began asa fifth-graded school teacher at Killarney Elementary in Orlando. In she joined her family’s constructiobn business, , where she worked as president from 1983to 2003. In at age 27, she became the youngest woman ever elected to the Florida House ofRepresentatives and, in she was elected to the Florida She was the first Republican woman president of the Senate, serving an unprecedented two consecutived terms, from 1996 to 2000. In Marchn 2003, she made history again as the state’s firstt female lieutenant governor, serving under former Floridwa Gov. Jeb Bush until December 2006.
Bush nominated her to replacewFrank Brogan, who resigned to become president of Florids Atlantic University. During her tenure in that post, she worked on importan education, health care, hurricane preparedness, property insurance, disaster relief and space coast issues. “Iu was fortunate that Toni Jennings accepteds being mylieutenant governor,” Bush said. “She is a She has humility. She is smarty as all get-out.
She is principledc and tough, but in a way that draws peoplre towardthe cause, not away from Her numerous awards include the Florid a School Board Association’s Legislator of the Year and the Florid a Commission on the Status of Women’s “Women in the Workplacde Appreciation Award.” Today, Jennings, 60, spends most of her time involves in the community, something her father instilled in each of his said her brother Jeff Jennings. She is on the boardx of directorsfor , the Nemours Foundation and the FPL and is a trustees for .
She also has been involved withthe , and the Universityy of Central Florida In addition, Jennings has been chairwoman of Jack Jenningsd & Sons since working alongside her brothers Jeffreu Jennings and John Jennings III, who describe her as knowledgeable and pleasant. Jeffrey said one of the things most importanf to Jenningsis family. “She’d always there supporting our families and our Local political leaders think highlgyof Jennings, as well. Orlando Mayorf Buddy Dyer calls Jennings a goodconsensus builder.
And Orangw County Mayor Rich Crotty, who has known Jennings more than 30 years and served with her in the Florid House of Representatives from 1978until 1980, callsa her collegial and focused. Crottt credits Jennings with helping him as a novicw senator to develop good relationships with colleagues and embracsbipartisanship — essential skills considering they were two of only 31 Republicansw in the 120-member House at the time. “She took me under her wing and was instrumentall in having me appointed as the Republican floor said Crotty. “She’s just an outstandinvg exampleof leadership.
And quitd frankly, you can scratch the word ‘women’ out [on the award], becaus she’s a leader among leaders, period.”
Tuesday, June 14, 2011
Study: DVR, set-top box use most energy at home - CNET
vanbeekdulejos1771.blogspot.com
USA Today | Study: DVR, set-top box use most energy at home CNET The environmental monitoring group released a study today that says that a high-definition cable or satellite set-top box when combined with a high-definition DVR uses up 446 kilowatt hours per year. That's more than a new Energy Star rated 21 ... TV DVR units waste $2 billion in electricity each year -- NRDC Heaviest Home Energy Hog |
Sunday, June 12, 2011
We couldn't maintain pressure on India: Russell - Times of India
caloloary.blogspot.com
The Nation, Pakistan | We couldn't maintain pressure on India: Russell Times of India PTI | Jun 12, 2011, 11.05am IST ANTIGUA: It was the biggest knock of his nascent international career but far from celebrating, young West Indies pacer Andre Russell was a disappointed man as his hurricane 92 failed to fetch his side a win in the third ... We couldn't maintain pressure on India: Russell Sharma seals India series victory |
Friday, June 10, 2011
Hormone test to predict likelihood of pregnancy - Times of India
epukaq.wordpress.com
Hormone test to predict likelihood of pregnancy Times of India A new study has found that a blood test for levels of a hormone called AMH, or antimullerian hormone, at the beginning of the in vitro fertilization (IVF) cycle can help predict likelihood of pregnancy. The study by researchers at Brown University and ... |
Wednesday, June 8, 2011
NHL commissioner: Coyotes move could damage Westgate, arena construction - Birmingham Business Journal:
xszeyluje.blogspot.com
He also said it coulsd have a chilling impact on other cities considering helping teams builenew arenas. The Coyotes have 41 regular season home gamezeach year. Bettman and the NHL opposer theproposed $213 million sale of the team to Canadianh businessman Jim Balsillie, who woulxd move it to Hamilton, Ontario, saying the leagud should make the decision. A June 9 hearingh is set in U.S. Bankruptcy Court to decide whethetr Coyotes owner Jerry Moyes can sell to Balsillie or if it must be sold to a buyef who would keep the NHL franchisein Arizona. The Coyotezs are in Chapter 11bankruptch reorganization.
Balsillie argues in court filings thathis $213 milliomn will be the best deal and the court’s main chargde is to get the most money to pay off debt and position the team to be financially viable going The Coyotes have lost $316 million since moving to the Phoenic market from Winnipeg in 1996, according to courtt filings. Balsillie says NHL hockey is not financially viable in the Phoenixxsports market, but the league pointx to four potential bidders for the Coyotes that woulf keep the team in Jobing.Com Arena was built by the city of Glendale, whicjh says it will pursue a $500 millioh to $750 million claim if the Coyotes breakm their 30-year lease.
Balsillie’ws court filing contends the bankruptcg court has the leeway to discharge such a The NationalFootball League, National Basketball Associationj and Major League Baseball back the NHL’s bid to keep the Coyotees in Arizona fearing the move couls set a precedent.
He also said it coulsd have a chilling impact on other cities considering helping teams builenew arenas. The Coyotes have 41 regular season home gamezeach year. Bettman and the NHL opposer theproposed $213 million sale of the team to Canadianh businessman Jim Balsillie, who woulxd move it to Hamilton, Ontario, saying the leagud should make the decision. A June 9 hearingh is set in U.S. Bankruptcy Court to decide whethetr Coyotes owner Jerry Moyes can sell to Balsillie or if it must be sold to a buyef who would keep the NHL franchisein Arizona. The Coyotezs are in Chapter 11bankruptch reorganization.
Balsillie argues in court filings thathis $213 milliomn will be the best deal and the court’s main chargde is to get the most money to pay off debt and position the team to be financially viable going The Coyotes have lost $316 million since moving to the Phoenic market from Winnipeg in 1996, according to courtt filings. Balsillie says NHL hockey is not financially viable in the Phoenixxsports market, but the league pointx to four potential bidders for the Coyotes that woulf keep the team in Jobing.Com Arena was built by the city of Glendale, whicjh says it will pursue a $500 millioh to $750 million claim if the Coyotes breakm their 30-year lease.
Balsillie’ws court filing contends the bankruptcg court has the leeway to discharge such a The NationalFootball League, National Basketball Associationj and Major League Baseball back the NHL’s bid to keep the Coyotees in Arizona fearing the move couls set a precedent.
Sunday, June 5, 2011
TEPCO to see Y570 bil net loss, excluding nuclear compensation - Japan Today
inofiquxi.wordpress.com
Fox News | TEPCO to see Y570 bil net loss, excluding nuclear compensation Japan Today Tokyo Electric Power Co is expected to post a parent-only net loss of 570 billion yen for the business year to March 2012, excluding compensation to those affected by the ongoing crisis at its crippled Fukushima Daiichi nuclear power plant, ... Tepco sees! Y570 bln net loss 2011/12 excluding compensation-Kyodo Tokyo Electric expects 570-billion yen loss before compensation Tepco projecting ¥570 billion net loss in 2012 |
Friday, June 3, 2011
Where there
pifogyxat.blogspot.com
Lost homes, poor air quality and canceled vacation plans are just a few of the side effectsw ofthe fires, which have burnee nearly 880,000 acres and destroyerd 101 residences throughout the state so far. But for Plumas County resident D.J. Cline, fast-moving blazes translatre into morejob security. His company, , runs mobile healty care units that can be dispatched to natura l disasterzones nationwide, and when wildfired start, business turns brisk.
Undet a contract with the , Cline and his employeeas treat firefighters for burns andheat stroke, poison oak and The company receives a payment of $2,500 per day every time a unit gets “We joke in our family that we’re profiting from disaster, but somebod y has to do it,” said Cline, a Graeagler resident who drove ambulances in Sacramento beforse starting his business. From providing meals and medica l care to heavy equipment operationmand souvenirs, private companies play a vital role in firefighting efforts, and analysts say that relationship makes the current blazes something of a double-edgedf sword.
While fires sap government cofferd anddisrupt lives, they can also create jobs and disposable analysts said. “Of course it’s not good for the familiea that have to transcendthe challenges, but for certain aspects of the economy, it can be a said Mark Skidmore, a professo r at who studies the economics of natural disasters. From July 2007 throug h June 2008, the spent $298.3 million fighting fires. That’w up almost 45 percent from the previousfiscao year, when the department spent $206.3 million. Agency spokeswoman Alisha Herring could not provide a breakdown of how much moneyh goes toindependent contractors.
But in federal firefighting agencies nationwide paid privatecontractors $253.4 million for services, including mobile shower units and air said Don Smurthwaite, a spokesman for the in Idaho. Officials hesitate to say whetherf spending on private contractors will increase this but several factors suggest companies assisting with the firese will havemore work. In Californiz and other Western states, forestz have grown thick from yearsz of firesuppression efforts, and moistures levels are low due to Bill Whitson, a director of acquisition managementg with the U.S. Forest Service, said thos issues could create an upswing in fire activitty and more opportunities forprivate contractors.
“It’s a larges amount of money that gets expendesevery year,” said Whitson, who oversees private contracts for firefightin efforts in Northern California. “I don’t know if it’xs going to be a record year, but it seems like everyy year now tries to be arecordd year.” Another factor, Smurthwaite said, is an increase in the numberd of people living in the “wildland-urban interface” areas where housing developments and fire-pron e forests intersect.
According to a 2008 report by the International Code an organization dedicated to building there are 46 million homes builty inthese areas, and developmentg there continues at the rate of 3 acrea per minute. “It’s reasonable to say that more money has been directeed to contractors as a result of the buildin boom inthe wildland-urbanh interface,” Smurthwaite said. “All fire costs spike when property and home are involved in anurban wildfire.” Many of the businessz opportunities created by the current wildfires come in the form of government contracts that must be procured well in The U.S.
Forest Service, for example, often findws services through a procurement process that can take up to a Whitson said.
Lost homes, poor air quality and canceled vacation plans are just a few of the side effectsw ofthe fires, which have burnee nearly 880,000 acres and destroyerd 101 residences throughout the state so far. But for Plumas County resident D.J. Cline, fast-moving blazes translatre into morejob security. His company, , runs mobile healty care units that can be dispatched to natura l disasterzones nationwide, and when wildfired start, business turns brisk.
Undet a contract with the , Cline and his employeeas treat firefighters for burns andheat stroke, poison oak and The company receives a payment of $2,500 per day every time a unit gets “We joke in our family that we’re profiting from disaster, but somebod y has to do it,” said Cline, a Graeagler resident who drove ambulances in Sacramento beforse starting his business. From providing meals and medica l care to heavy equipment operationmand souvenirs, private companies play a vital role in firefighting efforts, and analysts say that relationship makes the current blazes something of a double-edgedf sword.
While fires sap government cofferd anddisrupt lives, they can also create jobs and disposable analysts said. “Of course it’s not good for the familiea that have to transcendthe challenges, but for certain aspects of the economy, it can be a said Mark Skidmore, a professo r at who studies the economics of natural disasters. From July 2007 throug h June 2008, the spent $298.3 million fighting fires. That’w up almost 45 percent from the previousfiscao year, when the department spent $206.3 million. Agency spokeswoman Alisha Herring could not provide a breakdown of how much moneyh goes toindependent contractors.
But in federal firefighting agencies nationwide paid privatecontractors $253.4 million for services, including mobile shower units and air said Don Smurthwaite, a spokesman for the in Idaho. Officials hesitate to say whetherf spending on private contractors will increase this but several factors suggest companies assisting with the firese will havemore work. In Californiz and other Western states, forestz have grown thick from yearsz of firesuppression efforts, and moistures levels are low due to Bill Whitson, a director of acquisition managementg with the U.S. Forest Service, said thos issues could create an upswing in fire activitty and more opportunities forprivate contractors.
“It’s a larges amount of money that gets expendesevery year,” said Whitson, who oversees private contracts for firefightin efforts in Northern California. “I don’t know if it’xs going to be a record year, but it seems like everyy year now tries to be arecordd year.” Another factor, Smurthwaite said, is an increase in the numberd of people living in the “wildland-urban interface” areas where housing developments and fire-pron e forests intersect.
According to a 2008 report by the International Code an organization dedicated to building there are 46 million homes builty inthese areas, and developmentg there continues at the rate of 3 acrea per minute. “It’s reasonable to say that more money has been directeed to contractors as a result of the buildin boom inthe wildland-urbanh interface,” Smurthwaite said. “All fire costs spike when property and home are involved in anurban wildfire.” Many of the businessz opportunities created by the current wildfires come in the form of government contracts that must be procured well in The U.S.
Forest Service, for example, often findws services through a procurement process that can take up to a Whitson said.
Wednesday, June 1, 2011
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