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County could back bonds, but doesn't want to

Duletski said the state has a model for revolving loans, which are similar to a house mortgage. When bonds are issued, money is received and paid back over time."They have a system already in place for the issuance of bonds for transportation improvement and we wanted to model it after that," Duletski said.The bill Sebelius vetoed also included provisions to allow construction of two coal-fired power plants in western Kansas. Sebelius opposes the plants, but has said she supports the intermodal."I think at the end of day too many things got added to the bill and the governor felt she had to veto," Duletski said. "It’s going to take us a little bit longer; we’ll have to come up with some other things."Duletski said the parties involved in the project – The Allen Group, Burlington Northern Santa Fe Railroad, the city of Gardner and the county – need to regroup and rehash the concept."(The parties) need to figure out timelines. more

Shree Precoated to hive off its steel business into separate co

MUMBAI: The Ajmera group-controlled Shree Precoated Steels, which has interests in real estate and steel, has decided to hive off its steel business into a separate company. This will be a reverse merger as the Mumbai-based group had earlier merged its real estate assets with Shree Precoated Steels.

The group will rename Shree Precoated Steels as Ajmera Real Estate and Infrastructure, while the demerged entity will be known as Shree Precoated Steels, said Shree Precoated Steels CFO OP Gandhi. The group had mandated PricewaterhouseCoopers to advise it on the demerger, he told ET. The Ajmera family owns 62.45% in Shree Precoated Steels, according to BSE data.

Post-demerger, Ajmera Real Estate and Infrastructure will hold the group's five real estate projects — three in Mumbai (Wadala, Kanjur Marg and Ghatkopar) and one each in Bangalore and Bahrain. more

Active Modules Acquires Social Networking Solution

Consisting of web applications for customer relationship management (CRM), Web site development and e-commerce functionality, the Active Modules product line offers proven solutions for on-line communities and small businesses.

For more information, visit activemodules.com.

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TÜSİAD complains about expensive electricity for industry

She said the performance of the energy sector, as energy is used heavily in all industries and areas of production, directly affects a country's economic performance. She asserted that in order to increase the competitiveness of all sectors, electric power should be provided at an optimum price and efficiency. "However, we are facing problems with this issue," she said, complaining that the price of electricity was not cheap enough for the competitiveness of industrial sectors and that moreover, if necessary investments in the energy sector were not completed as soon as possible, energy supply shortages would become an issue.

Furthermore, Yalçındağ said the inefficiency of energy consumption in Turkey was a reality, noting that the energy consumed to create an additional unit of added value in Turkey was more than double EU averages. more

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Business development and contract compliance Website home page
BDCC home page; BRED home page ... BRED's business development goal is to retain, expand, create and recruit ... as found in the King County Comprehensive Plan) call ...

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BDCC Hosts Annual Meeting on October 24
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Book Press Building Nearing Full Occupancy
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First of its kind, BDCC celebrates 50 Years | Vermont Business ...
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A mild winter affects the economy | Vermont Business Magazine
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