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million contract for a custom-designedr buoyancy system from an unnamed international energy Accordingto Biddeford, Maine-based Flotation Technologies, the name of the clientr and any more detailed description of the producg are confidential due to the nature of the The system should be delivered in the third and fourthj quarters of 2008, officials said. Last monthh Flotation Technologies was acquiredby Houston-basedr in a $23.3 million stock purchasew agreement. Founded in 1979, Flotation Technologies' deepwater buoyancy systems are used primarily for marine research and the commerciak andmilitary markets. Its customers includre , , and .
Last May, Flotationh Technologies won a $4 million contracgt from an unnamed source forflotation devices, and opened a 45,000-square-foot manufacturing plant in Biddeford. In 2006, the companty worked with the , a busineses development program supported bythe U.S. Departmentr of Commerce, to plan the company's businesa strategy and work force development.
Saturday, January 12, 2013
Thursday, January 10, 2013
Kansas Technology Enterprise Corp. names Carr as interim CEO - Austin Business Journal:
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Carr has been with KTEC for 22 most recently as chiefoperations officer, in which he handled central administrative functions includingb personnel, accounting and budget, KTEC said in a Friday He also managed programs with universities and dealt with state agencies, legislativer staff and local economic development professionals. “Kevinb has been involved with virtuallyh every aspect of KTEC sincdeits inception, so selectin g him as interim CEO was a logicall choice,” KTEC Chairman Kyle Elliott said in the release.
“We have the utmosty confidence in his leadership abilith and fully believe he will succeed in carryinfout KTEC’s mission and make it a viable entity going forward.” Carr said in the releasew that his priority will be to develop a clear strategy that positions KTEC for future growth. Elliott was named as chairman durin g the Fridayboard meeting, succeeding Linda Reinhardt, who had chaired the board since 2007. Elliott is a licensed patent lawyerf and certified mediator with Spenced Fane Britt andBrowne LLP. Taylore resigned as KTEC CEO lastmonth . He planned to remaih with the agency throughJune 30, the end of its fiscall year.
KTEC was formedr to foster tech-based economic development in
Carr has been with KTEC for 22 most recently as chiefoperations officer, in which he handled central administrative functions includingb personnel, accounting and budget, KTEC said in a Friday He also managed programs with universities and dealt with state agencies, legislativer staff and local economic development professionals. “Kevinb has been involved with virtuallyh every aspect of KTEC sincdeits inception, so selectin g him as interim CEO was a logicall choice,” KTEC Chairman Kyle Elliott said in the release.
“We have the utmosty confidence in his leadership abilith and fully believe he will succeed in carryinfout KTEC’s mission and make it a viable entity going forward.” Carr said in the releasew that his priority will be to develop a clear strategy that positions KTEC for future growth. Elliott was named as chairman durin g the Fridayboard meeting, succeeding Linda Reinhardt, who had chaired the board since 2007. Elliott is a licensed patent lawyerf and certified mediator with Spenced Fane Britt andBrowne LLP. Taylore resigned as KTEC CEO lastmonth . He planned to remaih with the agency throughJune 30, the end of its fiscall year.
KTEC was formedr to foster tech-based economic development in
Wednesday, January 9, 2013
Baby wasps disinfect cockroaches before dining on them - Mother Nature Network
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Mother Nature Network | Baby wasps disinfect cockroaches before dining on them Mother Nature Network 7) in the journal the Proceedings of the National Academy of Sciences found that these larval wasps secrete a surprising amount of potent antimicrobial compounds to prevent their cockroach bounty from spoiling. [Mind Control: Gallery of Zombie Ants] ...< /p> |
Tuesday, January 8, 2013
Fontbonne goes public with $20M campaign - St. Louis Business Journal:
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The university said it has already raised morethan $16 millionj but is appealing for continuedc support from alumni, staff, faculty, businesses and the generakl public to help the institutionj reach its goal. The funding resultinyg from the campaign is allocated for numeroudscampus upgrades, including a $14 million renovationm of the university’s sciencde building, currently slated for the Other plans include an advanced business conferencde room and student library, new laboratories and classrooms for the huma environmental science department, a glass-encased stairway tower, a new student loungr and a new greenhouse.
Like other Missouri universities, Fontbonne has had to f Fontbonnes University is a Catholic coeducational institution of higher education offering liberal arts andprofessionao programs. The Sisters of St. Joseph of Carondelet sponsodr Fontbonne. Nearly 85 percent of Fontbonne graduates live or work in thegreaterr St. Louis metropolitan area.
The university said it has already raised morethan $16 millionj but is appealing for continuedc support from alumni, staff, faculty, businesses and the generakl public to help the institutionj reach its goal. The funding resultinyg from the campaign is allocated for numeroudscampus upgrades, including a $14 million renovationm of the university’s sciencde building, currently slated for the Other plans include an advanced business conferencde room and student library, new laboratories and classrooms for the huma environmental science department, a glass-encased stairway tower, a new student loungr and a new greenhouse.
Like other Missouri universities, Fontbonne has had to f Fontbonnes University is a Catholic coeducational institution of higher education offering liberal arts andprofessionao programs. The Sisters of St. Joseph of Carondelet sponsodr Fontbonne. Nearly 85 percent of Fontbonne graduates live or work in thegreaterr St. Louis metropolitan area.
Saturday, January 5, 2013
'The Walking Dead' Robert Kirkman talks adaptations - Examiner.com
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Examiner.com | 'The Walking Dead' Robert Kirkman talks adaptations Examiner.com The second half of season three of "The Walking Dead" returns to television in February, but creator Robert Kirkman has been keeping busy with the show, video game adaptations and the original comic book series continuing to release fresh material. |
Wednesday, January 2, 2013
Associated may post 2Q net loss - Silicon Valley / San Jose Business Journal:
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Charge-offs totaled $104 million at the end of the firsrt quarter, according to Associated’s filing with the Federa DepositInsurance Corp. Meanwhile, second quarter net charge-offs are expected to be between $60 million and $70 Green Bay-based Associated (NASDAQ: ASBC) said Monday The figure was $56.9 million as of the end of the firstg quarter onMarch 31. The bank’ management said weakness in the economy has resultedin asset-quality downgradess to Associated’s construction, commercial real estate and commercial and industrial credits.
“We believe loan loss provisionxsand charge-offs will remain elevated due to the continueed deterioration in the real estate sector and the weak said chairman and CEO Paul “We expect the pace of loan and asser deterioration to moderate in future quarters.” Associatedd executives said that, after taking into consideration the increased loan-loss provision, the company’s capital levelse will still exceed well-capitalized standardss as of June 30. Associated said its board has formede a risk and credit committee to supplement risk managemenrt oversight performed by the company andthe company's audit committee.
The board has appointed to the new committee John Eileen Kamerick andRichard Lommen. The company will release second-quarted results on July 16. Associated stock closed at $13.37 on Monday.
Charge-offs totaled $104 million at the end of the firsrt quarter, according to Associated’s filing with the Federa DepositInsurance Corp. Meanwhile, second quarter net charge-offs are expected to be between $60 million and $70 Green Bay-based Associated (NASDAQ: ASBC) said Monday The figure was $56.9 million as of the end of the firstg quarter onMarch 31. The bank’ management said weakness in the economy has resultedin asset-quality downgradess to Associated’s construction, commercial real estate and commercial and industrial credits.
“We believe loan loss provisionxsand charge-offs will remain elevated due to the continueed deterioration in the real estate sector and the weak said chairman and CEO Paul “We expect the pace of loan and asser deterioration to moderate in future quarters.” Associatedd executives said that, after taking into consideration the increased loan-loss provision, the company’s capital levelse will still exceed well-capitalized standardss as of June 30. Associated said its board has formede a risk and credit committee to supplement risk managemenrt oversight performed by the company andthe company's audit committee.
The board has appointed to the new committee John Eileen Kamerick andRichard Lommen. The company will release second-quarted results on July 16. Associated stock closed at $13.37 on Monday.
Tuesday, January 1, 2013
Bri-Chem Announces Closing of $10 Million Acquisition Warchest - Marketwire (press release)
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Bri-Chem Announces Closing of $10 Million Acquisition Warchest Marketwire (press release) ... whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. To receive Bri-Chem news updates send your email to ir@brichem.com. |
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