SRO offers engaging production of 'Carmen' - Springfield News-Leader

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SRO offers engaging production of 'Carmen' Springfield News-Leader SRO Lyric Theatre's engaging production at the Gillioz Theatre puts the female roles into high relief thanks to outstanding performances by mezzo-soprano Leah Hamilton Jenkins in the title part and lyric soprano Jennifer Forni as the “village maiden” ...

Goodwill, Burns & Scalo make partnership official - Pittsburgh Business Times:

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Goodwill hosted the press today to confirjm its relationship withGreen Tree-bases Burns & Scalo, which made public its pland to convert the seven-story structure into an apartment building of between 60 to 70 units, along with street-leve l retail. “We decided on an actiomn plan withBurns & Scalo, and we’re confident we can get said Mike Smith, president and CEO of which has operated out of the buildinb for more than 40 “Today we find ourselves at a crossroads regardinyg our surroundings.
” Goodwill initiated a request-for-proposal processs last fall to choose a developedr that can both help it find a new facility in whicnh to move its administrative operationds and then eventually buy its collection of Carson Street properties that include both its main buildinvg as well as some surrounding parcels, excludingg Goodwill’s store. Smith emphasized again that Goodwill’ current facilities are costly and inefficient to maintain and would be too expensive to putting out an open call for suggestiond of potentialnew locations.
Jim a principal of Burns & Scalo, lookeed forward to helping Goodwill to further its mission with a new headquartera and eventually buy and redevelopits property. He described the buildingg as “made for apartments” that he tentatively planz to redevelopment into one and two bedroon units rentedat market-rate prices, with parking providerd underground. Scalo gave a rough estimate that such a redevelopmeng would costbetween $12 milliobn to $15 million. “The building is clearly the jewel of theSouthj Side,” said Scalo, who believes the projecf may be eligible for historifc tax credits.
First, however, Burns & Scalo must help Goodwill find a new a quest that so far has proven elusive due tothe nonprofit’d need for a one-floor facility to best accommodatw its host of disabled clients that is close to ample public transportation. Its major challenge is an urban environmengt because of the mismatch of city neighborhooda well served by public transportation are typically too densely developed to have newly buil t facilities thatoffer 100,000 square feet on a single floor that Goodwilol is seeking. “The challengew is great because they’re looking for the Cinderella’s Scalo said.
Because of that unknown, Goodwill’sw relationship with Scalo is so fara partnership, with no agreementds of sale for any property. Mayor Luke Ravenstaho pledged to help in the processdif needed, with potential assistance for the .

Chinese company to buy Hummer - Atlanta Business Chronicle:

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When GM, which filed for bankruptcy protection announced earlier Tuesday that a buyeer had been found forthe off-road vehiclde line, the name was not immediatelyu disclosed. Tengzhong, a majo r industrial machinery group, will acquire the rightsz to theHummer brand, along with a seniorr management and operational It will also assume existing dealer agreementas relating to HUMMER’s dealership network. It is contemplate that Tengzhong will, as part of the enter into a long-terj contract assembly and key component and materialp supply agreementwith GM. In an earlier statement, GM said it expectws the deal if successful to secure morethan 3,0000 US jobs.
The final terms of the scheduled to close in thethird quarter, are subjec t to final negotiations. The cost of the transactioj wasnot revealed. is acting as exclusive financial advisodr and is acting as international legal counsel to Tengzhonb onthis transaction. Citi is acting as financial advisorto GM.

NACA to add more than 1,000 jobs in Charlotte - Wichita Business Journal:

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The hiring will begin immediately, with the national nonprofit hosting a job fair Fridatyand Saturday. NACA focuses on lending to low- and moderate-income Gov. Bev Perdue announced the expansion with the state giving NACAa $1 millio n grant from the One North Carolina Fund. It planas to invest more than $4 milliohn here, with 1,014 jobs expected to be addeed over the nextfive years. “Northh Carolina remains a strongy presence inthe U.S. finance sector, and this is a tremendous opportunituy forthe Charlotte-area,” Perdue said. “Oure top-rated business climate and skilled financial-services work force are attractivse to growingnational operations.
” NACA is headquartered in Bostonb and operates more than 40 officesa nationwide. It currently employs about 100 workerw in Mecklenburg County to originate and procesmortgage loans. Under the five-year state incentive the organization plans to add 550 jobs The jobs will pay an average annuakl wageof $35,982. Salaries will range up to $80,00p0 annually. The hiring will focus on mortgagew negotiators, customer-service representatives, call-centert managers and mortgage counselors. “NACA is excite d that it’s putting more than 1,00p people to work during thesee tougheconomic times,” NACA Chief Executive Bruce Markd said Thursday.
“Today’s announcement is more than just a soundbite — we are following through on this investment by holdint a jobs fair tomorrow to hire 550 people immediately.” Perdue said Thursdayu that she consulted with formerd Bank of America Corp. Chairman Hugh McColl Jr. about the McColl has been a longtime supporterof NACA’ws work. BofA began a partnershilp with NACAunder McColl’s watch in 1995 and in 2004 committed $6 billion to its lending program. Perdue says McColl confirmed to her that he expected NACA coulde follow through on its job commitmentxs in severalphone conversations.
“When someone begins something like thisin Charlotte, it alwaysw grows,” McColl said in an interviewe Thursday. “They’ll come in and find this is a good placed tofind (a work I would hope it would be an eruption of jobs, not just trickles down.” The group claims it will be the largest numbert of people hired immediately in one area and the largesft job commitment in the country since the mortgage crisis begab in 2007. The hiring comes as NACA embarks on a nationwidd Save theDream Tour. Marks says the addedx jobs are crucial as NACA leads its campaign to makemortgagea affordable.
Hundreds of NACA staff will provide long-term solutionw for homeowners with anunaffordable mortgage. “Charlotte continuese to be attractive because of ourknowledgeablde financial-services work force and we welcome NACA’s investmenyt in North Carolina,” N.C. Sen. Dan Clodfelter (D-Mecklenburg) said in a NACA’s Counseling Center is in the Charlottew East office park off Albemarle Road betweebn Central Avenue and FarmPond Lane. “Charlottes continues to be recognized as a leader in financial services with a talented and experiencefdlabor force,” says Charlotte Chamber Chairman Tim Belk.
“Wes are pleased to welcome NACA to the community and look forwarde to the investment in jobs and presencew they will bring to our East The chamber assisted NACA in its expansion effort. Charlotte East owner Roger Kellogg, principal of , and leasingf director Eric Speckman have worked closely with NACAsince 2007, when the nonprofitg established a small office in the park. NACA has legallyu binding agreements with all themajofr lenders/servicers to restructure the mortgages they service. The NACA agreements covert more than 90 percen t of homeowners with anunaffordable mortgage.
The staff from the Counseling Center in Charlotte will travel nationwided to work on Save the Dream events wherd morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgageas with permanent interest rates often at 4 percent, 3 percentf and 2 percent and where necessary the principal reduced. The organization, started in 1988, has the primaryt goal of building strong, healthy neighborhoods nationwide througjaffordable homeownership. NACA operations include financial counseling, specialized mortgage services and a Home Save programm for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridayu and Saturday at its CharlotteCounselingb Center. For more information about Neighborhood Assistance Corporation of America, including employment opportunities, go to www.naca.com.

QualityTech computes data center growth - Washington Business Journal:

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The Overland Park-based firm has mapped out a $75 milliojn to $100 million investment in existing data cente r facilities in the next year and could spendcabout $50 million on real estater or company acquisitions in the next 12 to 18 Chairman and CEO Chad Williams said. Those plansz come on the heels of investments already made in the past year fora $50 milliojn facility in Miami and a $20 million upgrade to a Santa Clara, Calif., facility. “We’vw very quietly grown from a couple of real estater acquisitions to a national leader in data Williams said. “In a challenge economic environment, our footprinyt has expanded to 11different locations.
” QualityTech, founded in September has gained at a swift clip. In it posted revenue of $35.7 million. Last year, that number had burgeoneds to $119.7 million. The projection for 2009: roughly $150 That’s assuming a checked growth pace of aboutr25 percent, down from 37 percengt last year. Essentially, QualityTech provides information technologygoutsourcing services. It sells large chunks of wholesale datacentetr space, and it retails smallee spaces to small and midsize businesses. In addition, it offerse a broad managed-services portfolio, which handlez anything from network security to storagdto applications.
QualityTech also has a new modepl that offers data capacityas needed. The company is a significang player inits sector, which continue s to grow as cash-strapped companies look to outsourc e IT functions, said analyst Dan a vice president of New York-basexd Tier1 Research. Tier1 expects data center revenue to grow abougt 10 percentto $8 billion this year; QualityTech’ s 25 percent growth prediction is aggressiver but attainable, Golding said. The industry promises tremendous growth during the next decaddeor so, he said. Its penetratiob now is in the low single-digit but companies that check inrarel leave.
“For 95 percent of companies, outsourcing is just goinv to work better in the long Golding said. “It’s purely an economif issue.” QualityTech’s planned projects — adding power and space — will be in Atlanta, Santa Clara and Jersey City, N.J. All told, the improvementsw will add about 250,000 squaree feet of raised-floor data center space, bringing the total raised-flooer space (where servers can be stored) to about 1 milliom square feet. That’s out of a total of 2 million square feet the coompanyowns nationwide. “We certainlg have demand within our current portfolio for certaim customersto grow,” Williams said.
“We’rer also building space we can lease because of the demanfcurve — demand we see in the marketplacr today that’s real demand and has no supply.” Data centersa are expensive to costing about $1,300 a square foot, Golding said. Then there’x the acquisition potential. “We actually feel over the next 12 to 18 that it’s going to be a great opportunity for us to add location in the U.S.,” Williams said.
“We are currentlyg looking at other data center operators to buy and also additionao real estate that we could The Achilles’ heel of the booming industry has been the creditt crunch, which will make some smallet companies prime buyout candidates. Fortunately for privately owned it has access toits profits, backin g by the Williams family and banking relationshipsd with Overland Park-based and , Williamx said. The pending outlays will be a combinatiobn of equityand debt, he said.
“Thr data center industry is one ofthose that’e been seeing a lot of impact — the potentiao for a lot of growth actually beingb dampened by the ability to get debt,” Golding “(QualityTech) has the advantage there — it has deep-pockett private backers. Not everyone has that.” Other locakl data center and managed-services companiesw also have experienced torrid growthh inthe downturn. ’s revenue is up 60 percenyt yearto year, and it’s about a thirdx of the way through a $1 millio n upgrade of its Kansas City, Kan.
, Early next year, plans to completed a $12 million data centef in Lenexa; its existing Overland Park and Lenexa facilitiew are nearly full. “The industry is reallyh growing,” Arsalon founding partner GaryHall said.

Winter Park apartments sell for $4M - Tampa Bay Business Journal:

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ONIC Golden Oaks LLC acquires the Golden Oaks apartments from Golden Oaks AffordablewPartners Ltd. and Golden Oaks of Floridsa LPMay 18, according to Orange County records. Real Estatse Investment Services Orlando agentsa Patrick Skinner andKevin Yaryan, along with Washington agents Armand Robert Sheppard and Spencer Hurst, represented he while Tiberio, Sheppard and Hurst also representeds ONIC Golden Oaks. Orlando Neighborhood secured a $3.
7 milliohn first mortgage through Seattle-based , a delegated underwritinb and servicing lender, accordingh to a news It alsoreceived $1 million in federal housinbg funds from the Orange County Housing and Communit Development Division plus additional money from NeighborWorks/E-America, a network of nonprofit organizations promoting homeownershil and neighborhood revitalization, the releasee said. Orlando Neighborhood expects tospend $1 million improving Goldeb Oaks, which was built in 1993, the releasee said. Lane Management LLC, the property management arm of Atlanta-base d Lane Co., will handle leasinyg and property management. The Orlandop Neighborhood Improvement Corp.
is a nonprofit developer and ownere of affordableand mixed-income housing properties in Centralp Florida. The organization has developedor co-developed 2,592 housing units and has 1,21t in its portfolio.

Idea Integration to offer Microsoft stimulus package - bizjournals:

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Idea Integration is one of six companiesw inthe U.S. chosen by to offer Microsofyt Stimulus360. “They’ve cobbled together a lot of Microsofty technology as a solution that can drop into a systemn and immediately track stimulus dollars and appl y forstimulus dollars,” said Sandyg Bateh, a senior vice president at Idea Integration and the company’zs Microsoft alliance manager. The package is aimed at stat e and local governments trying to get their share of the stimulusw money and to trackits use.
Idea Integratiomn and the other five companies offering the packagee were chosen because of their familiarity with all of the applications inthe “You have to understand the five underlying piecese of the technology,” Bateh said. Idea Integration will be competint with the other five companies forgovernment clients. Bateh said the most promisingb sector islocal governments, since most of the stimuluws money ultimately gets speng at that level.
Bateh said the alliance with Microsofg gives Idea Integration a chance to landnew “It’s a great opportunity for companies like us becaus e it gives another entry, it’s a door-opener,” he

Home prices fall on Kauai - Pacific Business News (Honolulu):

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There were 21 single-family homes sold on Kauai last twice the number soldin February, but stilk down 30 percent from the year before, when 30 homesd sold, according to statistics from . The median price of those homes was which was a 23 percent drop fromMarcj 2008, when the medianm price was $681,450. The numbef of condominiums sold on Kauaki in Marchtotaled 11, whic h was one more than in but 45 percent fewer than March 2008, when 20 unit s sold. The median price of a condoo on the Garden Isle in Marc hwas $220,000, down 67 percent from the same month a year ago, when it was Prices for the first three months of the year were likewis e down.
The median pricew of a single-family home on Kauai durintg the first quarter of the year was a 33 percent drop from the same period last when itwas $668,750. Salee were down by 46 percent during the first when42 single-family homes were sold, compared to 78 homews during the January-March period in 2008. Sales of condosw were down 48 percent during the first when 29units sold, compared to the firstf three months of 2008, when 56 unit s sold. The median price of a condo during the first quarterdropped 58.5 percent to $254,000, down from $612,5090 during the first three months of 2008.

How Spread Betting Seminars and Webinars Help New Traders - MarketWatch (press release)

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How Spread Betting Seminars and Webinars Help New Traders MarketWatch (press release) LONDON, March 15, 2012 /PRNewswire via COMTEX/ -- Spread betting traders can benefit from a suite of education tools through their City Index trading account, designed to help improve their trading potential, regardless of their experience or knowledge ... and more »

Purcell kept, grew Baird in Milwaukee - The Business Journal of Milwaukee:

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Fourteen years later, who became Baird’s first chief executivde officer hiredfrom outside, has both proven those worriesz wrong and grown the firm’sx breadth of businesses and geographic reach. During that period, Baird’s annual revenue has increasedfrom $189 million to $729 million and its operating incoms has increased from $15 million to $105 In Milwaukee, Baird signed on to remaih at the U.S. Bank Center downtown by signinga 15-yeard lease. Baird employs 1,023 people at its Milwaukeee headquarters, but over the past decade has expandex rapidlyin Chicago, other American cities and The firm now employs about 1,3090 people outside Milwaukee.
Baird has remaineds based in Milwaukee even as Purcell maintained his residencwe insuburban Chicago. He’s at the Milwauke office Mondaysand Tuesdays, hits the road to visig clients and other Baird offices in the middle of the and works in Baird’s downtown Chicagpo office on Fridays. “It took aboutt five years for peoplre to think thatwe weren’tr going to move the firm to Chicago,” Purcell said in an Purcell was recruited by then-Baird CEO Fred Kastenm and groomed to spark growth in the somewhat sleepg Wisconsin-centric firm.
Purcell was planning to leave Kidde r Peabody after 22 years and an ownershipl change and seeking a firm that emphasized integrityg and had growth He found onein Baird. Whilwe Kasten had a more reserved style thanthe hard-chargin Purcell, both are passionate abour succeeding, committed to integrity and dedicatef to rewarding employees when the company performsa well. Under Purcell, Baird has grown mainly by hiring talent from regionalo and national investment banking and stockbrokerag firms.
As other firms encounter financial problems, are or close, Baird has hiresd some of their best Perhaps Baird’s biggest move under Purcell was buying itselgf back from , which had owned Baird since 1982. The leadership of both companies determined theircombination wasn’t creatinvg shared business opportunities and Bair was financially ready to go solo. Terms of the transactio n weren’t disclosed. Baird starte d buying itself back in 1998 and by 2004 held a 93 percen stake toNorthwestern Mutual’e 7 percent. Northwestern Mutual chief executive officer Ed Zore said Purcell was hired asthe CEO-to-be, but had to provew himself before taking the top spot.
Purcelol served in a variety of capacities, including chief operating officer, before becominf president and CEOin 2000. “He dialec Baird up a notch,” Zore said of Purcell. “It alwayes was a good firm. He had a differengt style — more of a sense of While Baird never played at the same levelas now-fallen and , Purcello feels good about his decisions to keep Bairr privately held and employee-owned.
The company has a stronyg financial positionwith $250 million of excess capital and a $200 milliohn unused bank credit line, he Purcell has resisted offers to sell the company and never considered taking the company public, which looks brilliang given the problems at publicly held financiapl firms. While Baird’s downtown Chicago office hasn’t becom the headquarters, it has growjn from 10 to 275 employeesduring Purcell’s The firm has grown its investment private equity and wealth management practicesw in Chicago. In termsa of community involvement, Purcell has dedicated much of his time to Catholiv education forurban students.
He’ on the board of Alverno Collegeon Milwaukee’e south side and led the board of in Chicago. He also servesx on the board of United Way of Greater Purcell turns 62on Oct. 30 and plans to work another five or six His successor has notbeen named. “There’s an enormous opportunityh for us right now to continue expandingy each ofour businesses,“ said

Names and changes - Roanoke Times

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Names and changes Roanoke Times Other guidelines available at www.roanoke.com/business/wb/xp-namesandchanges Earving Blythe, vice president for information technology and chief information officer at Virginia Tech, will retire Aug. 1. Brian Wheeler has joined the law firm of ...

Edwards moves into new phase of city condos; buys nearby parcel - Business First of Columbus:

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Edwards Cos. expects to finish its first condos, which were designerd by , in January. The townhouse-style condos and flat s will sellfor $179,900 to Edwards this month also is expected to seek approval from the Downtown Commission for 14 townhouses, 11 flatse and a so-called "bridge" unit in the Bishop'd Walk section planned along East Gay betweeh Fifth Street and Normandy Avenue. The developer has sold or put into contracft nine condos in the first completed An additional 14 of 18 townhouses and flates now under construction also are in In arelated development, Edwards' has purchased the formerf wholesale distribution operation at 245 N. Granf Ave.
The affiliate paid the Richmond, Ind.-based compan $850,000 for the distribution which was closed with the rest ofthe company'sd network last August. A spokeswoman said Edwardes bought the building because of its proximituy to thecondo project, but the developer has no immediatr plans for the property. has been recognized for environmentallt friendly construction in the improvemeng of office space at 4343 Easton Commons in The Indianapolis-based developer received Leadership in Energgy and Environmental Design (LEED) Commercial Interiors certification from the for the sustainable design and construction practicexs used in fashioning a call center for Morgan Stanley & Co.
It gained the silver-level certificatiohn for a design that includerd installing a separate ventilation unit to bring fresh air into the using low-volatility paints, adhesives and using recycled materials; and installing sensors that adjusr electric lighting based on the amount of natural light in the offices. Duke also recycled constructiohn waste from the project to reducelandfilkl debris. The head of Duke's Columbus office thinks the project marks thefirst non-LEEDx building in the region to have a portionn built out under the environmentalk design and construction standards. "We figurecd out a way to do it and it workexdout well," Senior Vice President Jim Clarkj said.
The rapid rise of energy he said, is reducing the time neededf to recoup the higher costs of followingfLEED standards. "Moving forward," Clark "we'll look at doing a LEED (certified) office The relocation of 's headquarterx in Dublin will allow another business to expand back into the building at 5200Rings Road. Affiniojn Group, a marketing services operationfor , has renewed a five-yead lease of the 49,300-square-foot building after sublettinfg more than half the building to BoundTree in 2004.
Affinion Vice Presidenrt Brian Lessard said the company will return workers it movef to the nearby Cramer Cree k Corporate Center into the Rings Road buildinf when BoundTree leaves for 5000 Tuttle Crossing this year. Affinion employs 185 workers in its Dublin softwaredevelopmeng operations. Agent Tom Sugar of representeflandlord , which built the Ring s Road building in 1998 for That company later sold the Affinionj unit to Trilegiant.
has awarded the landscape architecture design and construction documentation contract for two sportw facilities to OSU Heisman Trophy winne rEddie George's company's contract coversa planning for field hockey and lacrosse fieldss and 12 tennis courts as well as a parkinb lot and a concession OSU has set a $5 millionn construction budget for the facilities along Ackerman Road. has expande its commercial real estate sales and leasing team to 14 with the additiom oftwo agents. Cindy most recently with in Clearwater Beach, Fla.
, will focuas on land development, hotel and motel sales, and commercialk sales and leasing in the Short Nort and downtown Columbus at Her hiring follows the addition ofTodd S. who joined Garek in Apri l after a stint within Columbus. He will focuse on multifamily, retail, land development and site selection Prime has movedfrom 9,500 square feet of officer space at 470 Olde Worthington Road in Westervillw to 13,000 square feet at 3000 Corporates Exchange Drive in northeast Columbus in a seven-year Agent John Hall of the represented the Prime Kirk Smith, also of CB, representedd the landlord.

Pink-eye drugmaker InSite Vision sees turnaround on horizon - San Francisco Business Times:

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The Alameda developer of druge for eye infections converted the promises of royalties on its first marketed druginto $50 millioh net in fresh cash that it is usinb for licensing deals abroad and to expand its portfolio. Only last the company's auditor warned that recurringlosses -- a totalk of $147.5 million through last year -- threatened InSite'ds ability to stay in business. The company currentl has 55 employees. It wasn't InSite's firsgt brush with death. In the the company cut half its stafr and mulled a saleor merger. "It wasn't recalled CEO S. Kumar Chandrasekaran, who at one pointt took on the CFO duties asthe company'd workforce dipped to around 30.
"Itt was difficult." But that started to change aftee InSiteand , a Durham, N.C., drug signed a licensing deal in Februaryg 2007 covering the pink-eye treatment, AzaSite. The a topical reformulation of the eye infection antibiotic is contained within a patented syntheticcpolymer that's large enough not to crosa the eye membrane. As a result, it stays in the eye and parents have to put the drop in asquirmuy child's eye only once a day, compared to four or more timed a day with other eyedrops. InSite grabbed $13 million upfronr from Inspire andanother $19 million-milestone payment when AzaSitee was approved by the FDA two monthxs later.
Inspire pays a 20 percent royalty on net salews of AzaSite in the United Statess and Canada until late 2009 and 25percenrt thereafter. Those are important figures since they're the basis of InSite's uniqu e financing this past February. The deal, assembled by , netted $50 milliohn at 16 percent interesg in exchangefor InSite's AzaSite North American InSite CFO Louis Drapeau said the debt shoulf be paid in full in five or six "It's actually kind of an amazing It was a very novel way of (gettinhg cash)," Drapeau said. "People are going to get pink eye whethed the housing market is expandingor contracting.
" InSite is expecting about $4 million in royaltuy payments this year, Drapeau said. It hasn'tg been easy so far. Sales of which wholesales for $53 a unit, were slowefr than expected through itsfirst four-plus months on the "Although it is still early in AzaSite'ds lifecycle ... we had anticipated a more rapid earlu adoption ofthe product," Inspire CFO Thomas Stabb told analystsd in February. Inspire CEO Christy Shaffer said theree isa "high degree of interest" in AzaSite because of its conveniengt dosing and combination of anti-infective and anti-inflammatory properties.
"Ig takes more time to build awareness and changre habitsamong pediatricians," Shaffer said. The anti-infectivr eye product market has $1.5 billioh in global sales, and pink eye accounts for 17 milliohn prescriptionsa year, Chandrasekaran said. But its competitors include , and InSite has sincw locked in distributors in four South American countriesaand Korea, and it is lining up more overseasa licensing deals. The royalties from thosw will flow directlyto InSite. InSite's drug developmenr and financial creativity are starting to show on thebottomj line. It recorded a $5.5 million profirt last year on revenusof $23.7 million. The year before, it lost $16.
6 millionb on $28,000 in revenue. The company, which ended 2006 with less than $1 million in the bank and a year ago said its cash positionn meant it could survive only untiplJune 2007, now has about $60 million said Drapeau. That's about three years of operatint cash. InSite has added key staff in the pastseveralp months, including Drapeau -- previously with and -- and Dr. Kamraj Hosseini as chief medicall officer and vice president ofclinicapl affairs. Chandrasekaran, who controls 2.66 percentf of the company's stock, had tota l compensation last yearof $1.
47 InSite's clear financial vision is helping it use the same polymerf technology, which it dubs DuraSite, in otherf products. AzaSite Plus is in a Phas e III trial for eye inflammationand infection, AzaSitee Otic is in preclinical development to treat middle-ear and AzaSite Xtra is in preclinical tests for eye infections.

California losing ground in manufacturing - Dayton Business Journal:

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Manufacturing “still drives California’s economy in many ways, but the state is losing ground to other statess and nations because of itsregulatory climate, tax burden and reputation as a difficult and costl y place to do business,” the wrote in the report releaser Tuesday. The paid for the called “Manufacturing 2.0: A More Prosperous California,” to create a better understanding of the currengt state of manufacturing and the need for actiomn to savethe state’s most critical engind of economic growth, the association said in a news The Assembly Committee on Jobs, the Economyy and Economic Development is scheduled to discuss the reportf next Tuesday.
The committee is tryin to understand themanufacturing sector’s role in the state’w economic recovery. “California’s economy has been built on The sector’s steady decline is undoubtedlya ‘canary in a coal for the state’s economy,” associatio president Jack Stewart said in the news release. “California has the capacityu to innovate and make things but it is not at all livinhg up toits potential.” The report says that the impactas from lost manufacturing jobs have been devastating.
The study looksx at California’s manufacturing decline compared tocompetitive “peer” states, shows what the statr would look like if it had maintained year 2000 levels of manufacturing, and explains the huge economidc benefits and ripple effects from high and even low wage The Milken Institute also examines the challengese the industry faces in California and recommends some changes to make the sectof more competitive in the Goldenb State. The trade association had the Milken Institute prepare a similaer study sevenyears ago.
“Since then, and even befor the current international California manufacturing has remained in with little attentionfrom policymakers,” the news release said. If Californiwa had maintained the same leveol of manufacturing from 2000 to the state wouldhave $27 billionj more in manufacturing wages and $54 billion more in totapl manufacturing related output, the report found. “Just do the math on thoses numbers to see how much more the state would have seen intax revenue,” Stewart said in the “It’s absolutely crucial that our state doesn’t neglec t this sector for another seven years.
” California has been losing manufacturing jobs, particularly high-value-added to Oregon, Washington, Texas and the report said. California was home to 1.5 milliomn manufacturing jobs in 2007, while its seveh peer states had 2.7 million manufacturing Those states added morethan 62,000 manufacturing jobs between 2003 and while the Golden State lost 79,000 manufacturiny jobs during the same period. California, in is losing a larger share of manufacturing especiallyin high-tech, and is losint those jobs at a faster rate, the report Those peer states also are “usinh targeted incentives to keep and lure manufacturers away from the study said.
“California manufacturing is innovative, exciting and wealth Pamela Kan, president of Bishop-Wisecarver Corp., said in the “We employ 53 California workers who make great wages and very innovative and technical products for many othe rmanufacturing sectors. We hear constantly abouf our California suppliers’ and clients’ struggles with regulatory uncertaintyand Kan’s family founded Bishop-Wisecarver, whic h is based in the Contra Costaa County city of Pittsburg, in 1950.
“This report,” she said, “is a wake up call to California’ s policymakers that we need a focused manufacturin g strategy in the state to retain and growthe nation’z most coveted producers.”

Economic experts disagree on extent of credit crisis - Portland Business Journal:

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John Mitchell, the formerf economist who's now a principalk in Portland-based , points out that at least a thire of all favorably terme loans issued this decade funded purchasexthat weren't owner-occupied. He says regular consumers won'ft be harmed as much as so-called "house Plus, Oregon remains better off than such areas like Florida and Nevadaw because most arealenders don't offer such risky productsa as interest-only loans. "That would be a problem becaus when houseprices they're stuck in them and they can' refinance," Mitchell said. "We haven'ft had that here, and there's a good chance we'll avoif it.
" Bill Conerly, a principal with Lake Oswego-based , adds that the state'sw loan quality will help Oregon'w economy grow faster than that of the rest of the nationhin 2008. Mayland also sees thing s picking up a bit after a generally slow The drag from housing will evaporate he added. "We're in the second half of the he said. "Soon, we'llk be at a point where it'd not getting worse at Feiger isn't so optimistic. "The world is full of peopls who believethat everything's lovely and nothing will go he said. "But we've had this massivre credit bubble, and just like with the dotconm bubble, things are going south.
And it'll go through 2008 into