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New Plant To Create Ford Engines By Chuck Smith With the Ford Motor Company constantly trying to retain its position as part of the United States’ Big Three in the automobile market, it is now planning on creating another plant that would surely be able to create and produce the much needed number of Ford engines. These engines would be used in the various number of Ford motor vehicles that are marketed in the whole Russian country. Another plan for the Ford Motor Company is to have the Volga Motor Plant, which is located in Nizhny Novgorod in the country of Russia, produce engines for the company. However, these engines
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PJM plans $2B in grid upgradesPJM Interconnection said Thursday that its board of directors has approved more than 130 upgrades worth nearly $2 billion to the transmission grid it manages.
The Valley Forge, Pa.-based grid operator and power wholesaler said the upgrades are necessary because of plans by generation companies on its grid to retire nearly 14,000 megawatts of generation capacity between May 2012 and the end of 2015. The capacity being retired consists mostly of older, coal-burning power plants, which are dirty and...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=yJKJZBKdmXI:r5tDAzFH9-M:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=yJKJZBKdmXI:r5tDAzFH9-M:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=yJKJZBKdmXI:r5tDAzFH9-M:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=yJKJZBKdmXI:r5tDAzFH9-M:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=yJKJZBKdmXI:r5tDAzFH9-M:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=yJKJZBKdmXI:r5tDAzFH9-M:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=qj6IDK7rITs" border="0"></img></a>
</div>Comcast to test two Internet data plansDing dong, the cap is dead.
As I wrote earlier this afternoon, Comcast has lifted the 250 gigabyte-per-month data-transmission cap it imposed on its residential Internet customers four years ago.
The cap may not stay off, but it won?t be 250 GB again.
Comcast officials said on the company?s blog and in a conference call that Comcast plans to test at least two data-management approaches ? giving all its residential customers a 300 GB-per-month cap; and giving the customers who subscribe to...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=wLANAp3DRwo:RWkQB6tfQW4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=wLANAp3DRwo:RWkQB6tfQW4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=wLANAp3DRwo:RWkQB6tfQW4:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=wLANAp3DRwo:RWkQB6tfQW4:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=wLANAp3DRwo:RWkQB6tfQW4:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=wLANAp3DRwo:RWkQB6tfQW4:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=qj6IDK7rITs" border="0"></img></a>
</div>Firm trying to fight off GlaxoSmithKline takeover <img src='http://assets.bizjournals.com/washington/news/2010/11/16/Human-Genome-Sciences-HQ_web*100.jpg?v=1'>Human Genome Sciences Inc, which has rejected a hostile $13-per-share offer from GlaxoSmithKline, has adopted a short-term stockholder rights plan to fend off such unwanted attention.
Rockville, Md.-based Human Genome (NASDAQ:HGSI) said in a statement announcing the plan that it had declared a dividend of one share purchase right for each share of the company's common stock held of record at the close of business on May 29.
Human Genome said that the rights plan was "intended to allow the company...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=z7F-cE8p0zE:z8b1elkninI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=z7F-cE8p0zE:z8b1elkninI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=z7F-cE8p0zE:z8b1elkninI:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=z7F-cE8p0zE:z8b1elkninI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=z7F-cE8p0zE:z8b1elkninI:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=z7F-cE8p0zE:z8b1elkninI:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=qj6IDK7rITs" border="0"></img></a>
</div>The Barnes Foundation?s new home: Slideshow<img src='http://assets.bizjournals.com/philadelphia/blog/peter-van-allen/1%20barnes%20and%20skyline*100.jpg?v=1'>The Barnes Foundation?s new site in Philadelphia will open this weekend.
After a 10-year process that included legal wrangling and the raising of $200 million, the Barnes moved its art collection from suburban Merion, Pa., to a brand new, 93,000-square-foot building on the Ben Franklin Parkway.
The collection includes works by Matisse, Picasso, van Gogh, Cezanne, Renoir, Prendergast, Monet and other masters.
It will open to the public on Saturday.
On Wednesday, officials unveiled the new site...<div class="feedflare">
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</div>Comcast raising customers' Internet data limitComcast Corp. said Thursday it will raise its data transmission limit on residential Internet customers from 250 gigabytes per month.
The Philadelphia-based telecommunications, media and entertainment giant said in a post on its blog that it will test two approaches, both of which will allow customers to send and receive at least 300 GB of data per month.
One approach will give customers of its three cheapest Internet service plans a cap of 300 GB and give customers of more expensive plans higher...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=XUm-nzGA0BA:al0_VvAwdss:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=XUm-nzGA0BA:al0_VvAwdss:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=XUm-nzGA0BA:al0_VvAwdss:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=XUm-nzGA0BA:al0_VvAwdss:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?i=XUm-nzGA0BA:al0_VvAwdss:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_philadelphia?a=XUm-nzGA0BA:al0_VvAwdss:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_philadelphia?d=qj6IDK7rITs" border="0"></img></a>
</div>Foreclosure filings up in Phila. region, down nationally: RealtyTrac<img src='http://assets.bizjournals.com/denver/THINKSTOCKForeclosureForecloseCar315*100.jpg?v=1'>Foreclosure filings declined nationally in April but rose locally, according to RealtyTrac, the California company that tracks the data.
RealtyTrac said foreclosure filings ? default notices, scheduled auctions and bank repossessions ? were reported on 188,780 U.S. properties in April, the lowest monthly total since July 2007.
April foreclosure activity decreased 5 percent from the previous month and was down 14 percent from April 2011. One in every 698 U.S. housing units had a foreclosure...<div class="feedflare">
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</div>IBC Foundation donates money to PCOM center in Phila. The Philadelphia College of Osteopathic Medicine Healthcare Center, Lancaster Avenue division, received a $50,000 grant from the Independence Blue Cross Foundation to implement a patient-centered medical home to improve primary-care services to residents in what the medical school described as an ?underserved and at-risk? West Philadelphia community.
A patient-centered medical home is a team-based model of care led by a personal physician who provides continuous and coordinated care throughout...<div class="feedflare">
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</div>Auxilium says new patent further protects its Testim testosterone gelThe U.S. Patent and Trademark office issued another patent for Testim Thursday to Auxilium Inc. and FCB.
Auxilium, a testosterone gel, is marketed by Auxilium (NASDAQ:AUXL) under a license from FCB of Mahwah, N.J.
The patent, which the companies said claims certain pharmaceutical compositions comprising testosterone, is expected to expire in April 2023.
?We are very pleased that, in addition to the nine previously issued patents covering methods using Testim, the franchise is now further protected...<div class="feedflare">
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</div>Atlas Resource to buy Barnett Shale reserves, raises guidanceAtlas Resource Partners LP said Thursday it has agreed to acquire 250 billion cubic feet equivalent of natural-gas reserves in the Barnett Shale formation in Texas for $184 million in limited partner units.
The Philadelphia-based partnership struck the agreement with Titan Operating LLC, a privately held company based in Fort Worth, Texas.
Atlas Resource (NYSE:ARP) said the deal has been approved by its board of directors and will be effective as of Jan. 1, 2012. It expects the deal to close in...<div class="feedflare">
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</div>Peco announces tree pruning locations in DelcoPeco Energy Co. said Thursday it will spend $1.4 million pruning trees along 300 miles of aerial electric lines in Philadelphia and Delaware County.
The Philadelphia-based electric-and-gas utility said the pruning will begin at the end of May and continue through early September. A list of the Delaware County communities that will see the pruning is here.
The subsidiary of Chicago-based Exelon Corp. (NYSE:EXC) will spend $28 million on its vegetation management program this year.<div class="feedflare">
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would be used the cars and vehicles from Ford which are marketed and sold only in Russia. There are no news, however, of the mentioned plant creating and manufacturing Ford Aspire aftermarket parts for the market. This is according to a report and announcement given out by Valery Shantsev, the governor of the mentioned region where the Volga Motor Plant is located. Shantsev further backs up his statement with, “Renault and Ford are already interested in cooperation with the plant and Ford has already set up an engine production there. And the Volga Motor Plant is equipped with one of the best attested laboratories to test engines in the country and has its own program to produce gas and diesel engines.” The production of the new Ford engines is yet to commence for the Ford Motor Company is still trying to make sure that everything is perfectly in order before the machines start creating these new engines. With the Ford Motor Company being one of the topnotch vehicle manufacturers not only in the United States but all across the globe, this kind of move is indeed crucial for them. More and more vehicles are being created by the company and it even holds various vehicle brands that include Ford, Aston Martin, Jaguar, Lincoln, Mercury, Saleen, Daimler, Land Rover, Mazda, and Volvo.
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Mastermind Your Way To Business Success
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This is the time of year when our thoughts turn to ringing out the old and ringing in the new. Its the time for wiping the slate clean and starting over; a time for new beginnings; a time for making Read more...
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Get Business Technology News, Even If Yours Is A Low Tech Business
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On its own, for a fact, syndicate news is only one small piece of a massive strategic planning puzzle. If your fellow would sponsor a local development, making the announcement in the paper and Read more...
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Jawa settles lawsuit with Verizon
Jawa and founder Jason Hope have settled a lawsuit with Verizon Wireless regarding claims the premium texting service company was violating the carrier?s terms for businesses.
The settlement, which was entered into files of U.S. District Court of Arizona at the end of April, would block Jawa or Hope from offering premium texts without written permission from Verizon, and they cannot do so for at least six months, according to the consent decree filed with the court.
Verizon officials said they...<div class="feedflare">
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</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/AeymF0e2lsY" height="1" width="1"/>
Suntech, First Solar weigh in on tariff ruling
Arizona has two of the biggest names in global solar module production separated by about 50 miles, but both First Solar Inc. and Suntech Power Holdings Co. Ltd. have a huge stake in new tariffs levied against Chinese modules coming to the U.S.
When the U.S. Commerce Department came down with at least 31 percent tariffs on Chinese companies? modules earlier Thursday, the whole solar industry was talking.
Tempe-based First Solar (Nasdaq: FSLR) has tried to stay above the fray for months. It has...<div class="feedflare">
<a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=crGkQ0n7o6I:mjsHim8Hl6Q:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=yIl2AUoC8zA" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=crGkQ0n7o6I:mjsHim8Hl6Q:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=crGkQ0n7o6I:mjsHim8Hl6Q:V_sGLiPBpWU" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=crGkQ0n7o6I:mjsHim8Hl6Q:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?i=crGkQ0n7o6I:mjsHim8Hl6Q:F7zBnMyn0Lo" border="0"></img></a> <a href="http://feeds.bizjournals.com/~ff/bizj_phoenix?a=crGkQ0n7o6I:mjsHim8Hl6Q:qj6IDK7rITs"><img src="http://feeds.feedburner.com/~ff/bizj_phoenix?d=qj6IDK7rITs" border="0"></img></a>
</div><img src="http://feeds.feedburner.com/~r/bizj_phoenix/~4/crGkQ0n7o6I" height="1" width="1"/>
Arizona Technology Council tabs new board members
<img src='http://assets.bizjournals.com/phoenix/print-edition/Vermillion_Chuck*100.JPG?v=1'>The Arizona Technology Council has chosen nine new board members and named Roger Vogel as its new vice chairman.
The organization, which represents a wide swath of technology companies in the state, chooses its board members each year. The board?s chairman, OneNeck IT Services CEO Chuck Vermillion, will remain as the board?s leader.
New board members are:
Chad Eckes, chief information officer, Cancer Treatment Centers of AmericaClark Peterson, CEO, TelesphereJeff Unruh, managing director,...<div class="feedflare">
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Mitchell narrowly tops Monti in Tempe mayoral race
<img src='http://assets.bizjournals.com/phoenix/news/Mitchell%20mark*100.jpg?v=1'>Mark Mitchell has overtaken restaurant executive Michael Monti in their contentious and tight Tempe mayor?s race.
Monti previously held a narrow lead on Mitchell, a Tempe City Councilman and son of former Tempe mayor Harry Mitchell. But the count released this afternoon gives Mitchell a 139-vote win over Monti.
Mitchell has 11,351 votes versus 11,212 for Monti, according to the final tally. Monti held a 222-vote lead over Mitchell when the polls closed Tuesday, but some provisional and early...<div class="feedflare">
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Social Madness nominations are in, now what?
<img src='http://assets.bizjournals.com/phoenix/blog/socialmadness/SocialMadness_logo*100.jpg?v=1'>Nominations have closed for Social Madness presented by Capital One Spark Business, and the Phoenix Business Journal raked in about 150 of them. Now, the fun can begin.
For those companies concerned about not hearing an update about the social media competition, fear not! American City Business Journals, our parent company, currently is in the process of reviewing, vetting and approving nominations.
Nominated companies will be notified of their approval before the next phase of the competition...<div class="feedflare">
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Greg Jamison, NHL move ahead with Phoenix Coyotes sale, but no Glendale vote imminent
<img src='http://assets.bizjournals.com/phoenix/blog/business/Jamison,%20greg_sharks*100.jpg?v=1'>Greg Jamison is taking more steps toward buying the Phoenix Coyotes from the National Hockey League, but there is no action yet scheduled by the Glendale City Council on its portion of the deal.
Jamison is slated to sign preliminary sales documents and terms with the NHL later today or Friday. The NHL has owned the Coyotes since buying the team out of Chapter 11 bankruptcy for $140 million in 2009.
The NHL, Jamison and Glendale are trying to finalize a sale of the team to keep it playing in the...<div class="feedflare">
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Arizona college coaches don't approach 'Coach K' kind of pay
<img src='http://assets.bizjournals.com/triangle/images/Coach%20Mike%20Krzyzewski*100.jpg?v=4'>Major college coaches in Arizona make only a fraction of what Duke University basketball coach Mike Krzyzewski makes, but they still bring home a hefty salary.
Tax documents filed by Duke, an affluent, private university in North Carolina, shows that ?Coach K? earned $7.2 million in 2010, including a $3.7 million bonus for winning the NCAA title. That makes Krzyzewski one of the highest paid coaches in college sports.
The basketball and football coaches at Arizona State University and the University...<div class="feedflare">
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Dave Krietor retiring from city of Phoenix post
<img src='http://assets.bizjournals.com/phoenix/news/page41_Krietor_David*100.jpg?v=1'>Phoenix city hall veteran Dave Krietor is retiring from city government after 22 years and taking a position with Scottsdale ambulance company Rural/Metro Corp.
Krietor is currently deputy city manager and oversees Phoenix Sky Harbor International Airport as well as the city?s fire, planning and economic development departments. He will join Rural/Metro as vice president of government affairs.
"We are very excited to welcome him to our team and highly confident that his long and successful career...<div class="feedflare">
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Class action deal could bring $39M for Arizona mental health services
After decades of deliberation, Arizona Governor Jan Brewer signed a two-year agreement today with plaintiffs on the Arnold vs. Sarn class action suit, which outlines reforms and allocates $39 million in funding to community-based mental health services, pending court approval.
The class action lawsuit was initiated in 1981 when a group sought judgment against the Arizona Department of Heath Services, the Arizona state hospital and Maricopa County Board of Supervisors. The plaintiffs claimed that...<div class="feedflare">
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Solar tariffs on Chinese panels will affect Arizona industry
<img src='http://assets.bizjournals.com/phoenix/news/first%20solar%20calilf*100.jpg?v=1'>Arizona?s solar industry may face higher prices for panels, as the U.S. Commerce Department has placed a 31 percent tariff on panels imported from China.
It could go as high as 250 percent.
The decision, announced Thursday, was undertaken after SolarWorld Industries America Inc. protested what it believed were Chinese-backed companies dumping panels in the U.S. to drive down prices.
The case has been working through the Commerce Department and the International Trade Administration for months....<div class="feedflare">
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