Wednesday, February 27, 2013

In dour economy, some big church projects press on while others slow - Wichita Business Journal:

sucujovide.wordpress.com
The $2.8 million project will add five classrooms, a three-leveo playland area and a new back entrancwe and coffee kiosk to the church at 21st Streef Northand K-96 highway. It also will expand an elaboratr puppet theater that church leaders say is amongf amenities that have helpedpush NewSpring’s average attendanced to about 3,300. “Wee want kids to come and totally be engagef when they walk says Children’s Pastor Dan Kubish. “Our competition isn’t anothef church. It’s and It’s among a few major project s bylocal churches. has broken ground on a $5.5 million expansion that will revamoits sanctuary. And St. has its own $1.
9 millionj project under way. But thosd jobs come amid an downturn that coulrd cast clouds overa church’s balance sheet. They may be a finalp wave of work beforrea lull, say contractors and Ben Hutton, vice president for business developmen t at , says the two church jobs his firm is workingf on now “have been percolating for a while.” “Wha we haven’t seen are brand new church They don’t seem to be considering anything he says. Dan Wilson, lead design architecty for , says “a smart church is going to be cautious in times likethis — very cautious.
” But for the need to expand may never be greatert than in times like these, some leadera say. It’s not uncommon for attendancd to get a boost during adown “Bad economies drive a lot of people into That’s when people make decisions to make room in theifr lives for church,” says Billy Poore, executive pastor for NewSpring. Giving, No Matteer What Whether the financials keep pace with the larger attendanced is anopen question, At , which has a $350,000 playgrounrd and landscaping project under way, “attendance has been on an says business administrator Tom He says giving this year has been on par with 2008.
whose firm designed the First Evangelical Free projecgt and the project at FirstMennoniter Brethren, says a large sharwe of church giving is supported by a smalo number of the a figure that holds up in tough But some churches still are pulling back. Paul principal for , says churcgh work that at one time accounted for about half the projectzs in his office now makes up no more than 15 And churches that are moving forwarxd are doingso cautiously. In one case, a churcuh that had been planningh to build 10 new classrooms is now willing to make do withjust six.
“Timews are just tightening up and the giving from the congregatiom is quite diminished from where it had been a year and a half he says. Poore, of NewSpring, says the churchu saw firsthand how the economy canpinchh giving. He says it took until 2005 for church revenue toreach pre-9/11 levels. “I think it goes into the psychologg — just like people don’t buy new cars or new If they feel prettu confident about thefuture ..., things go pretty well. When that gets that influences giving.” But rapidr attendance growth can take the sting out ofa NewSpring’s attendance has nearly doublef in two years.
Giving so far this year is up by Still, Poore says, “You have to step out there and have faithwhen you’re doing some of thesre things,” he says.

Thursday, February 21, 2013

St. Louis' top private firms exhibit growing pains - St. Louis Business Journal:

ogarawo.wordpress.com
percent more revenue in 2008 than they did in2007 $92.3 billion, an increase of $7.3 billion from $85 billion a year Granted, two companies — and Centef Oil Co. — accounted for $5.1 or 69 percent, of the increase. Still, that leaves 31 percenrt and $2.2 billion from other companies. And in these economif times, all billion-dollar increases are welcome. “Any revenue increase in 2008 is and if 2009 is higherthan 2008, that would be said Gerry Sparrow of in St. “Business activity fell off a cliff in the first quarterdof 2009.
” Although many private companiesa saw revenue increase last year, the majoritu saw their profit margins shrini as a result of highef prices for commodities, especially energy, tighter credit and an overall pullback in all sectors because of the troubles economy. Enterprise Rent-A-Car boosted revenue by a whopping 38 to $13.1 billion, though it wasn’t painless. In November, it shed 2,0090 of its 75,000 employees. “As tough as these steps were, they have helpecd preserve the company’s overall strength,” said Pam president and chief operating A big contributor to revenur was the additionof , whichu Enterprise acquired in 2007.
Center Oil also exceeded 30 percentt growth, posting $6.4 billion in revenuee in 2008. High gasoline especially last summer, were a huge Two companies, Barry-Wehmiller Cos. Inc. and , surpassedf $1 billion in sales for the firsy time. Barry-Wehmiller, which owns capital equipmeng manufacturers aroundthe world, made its 41st and 42nd acquisitions since 1987 and boosted revenue by 25 percent, to $1.2 CIC Group, a holding company with a dozenb subsidiaries in the energy industry, reportesd $1.12 billion, an 18 percent increase. Terrh Jansing, CIC vice presidenty and chieffinancial officer, said CIC has a big backlog for refinery equipment and expects anothert strong year this year.
“We’re not seeinfg any significant downturns,” he In addition to Enterprise Rent-A-Car and Centetr Oil, 12 other companies enjoyef revenue increases of 30 percenor more. They are: , Bush O’Donnell, Millstone , CSI Leasing, Purcell Tire, The , , , KCI GS Robins and . Sales were up 138 percenr at Branding Iron, a newcomer to the list at No. 57, primarilgy because of added It was formed in August 2007 as a holdinfg company for in Sauget and three othertmeat companies. Branding Iron’x chief executive, Scott Hudspeth, expectzs a more modest increasethis year, to $315 “When commodities prices so do ours, and beef pricesz are coming down,” he said.
Othere newcomers are Millstone Bangert, Roeslei & Associates, , HDA, , Angelica, The Co. and HDA, with a 14 percent revenues increaseto $211.5 million, was named Lowe’s exclusivde category manager for magazines and maps. “The big box stores will seldomn allow a single vendor to handle an entire saidBob Ketterer, HDA’s chief executive and majorithy owner. Even a companhy that serves banks and other financial institutions managed a deceng year by diversifying itsproduct line. Revenued at NewGround, which designs and builds bank buildings, did but only 9 percent from arecorrd $111 million in 2007.
In recent years, it has been movingg into other services needed by financial institutionsd asthey consolidate, such as employee training and digital communications. “We diversified the company to capitalizer on the turmoil in the saidKevin Blair, president and chieff executive.

Saturday, February 16, 2013

Jackets survive Wake Forest - Atlanta Journal Constitution

ogarawo.wordpress.com


Artesia Daily Press


Jackets survive Wake Forest

Atlanta Journal Constitution


Forward Robert Carter's two free throws with 8.7 seconds remaining gave Tech its first lead since early in the second half and Wake forward Devin Thomas' last-second shot bounced off the rim to give Tech the win. It's the Yellow Jackets' first win of ...


R obert Carter Jr.'s free throws lift Georgia Tech past Wake Forest 57-56 in ...

Fox News


Wake Forest still unable to finish, f »

Wednesday, February 6, 2013

Governor lobbies for increased incentives for film industry - San Antonio Business Journal:

stages-paddocks.blogspot.com
Kulongoski is seeking support for SenateBill 621, whichh would reauthorize and increase the financialp incentives for moviemakers. The plan is capped at $10 milliob per biennium. Kulongoski wantz to raise the capto $15 million. A Senate committee passed the bill Monday. In the first six monthsa of 2009, television and movie productions invested morethan $40 milliobn in Oregon, according to the governor’sx office. That’s the highest total in 15 In recent weeks, a Harrisonj Ford movie called “The Untitled Crowley and the TNT series have been shootingin Portland. Producers for "The Untitled Crowley Project" joined Kulongoski at Monday's press conference at .
“Oregon has becomwe an A-list location for the film and televisionindustr – and an important critical piece of Oregon’ws economy,” the governor said in a news release. “Greej energy is one bright spotin Oregon’s economy and the film industrgy is another, generating an additional $1.1 million in incomer for Oregon workers and local businessese for every $1 million spentg by a production.” The governor creditex the incentive program, created in 2003, with spurrinyg the growth of the state'as film program from a $2.1 million industrhy to an $8 million industry.