Salvos helped organise dubious lobbying Sydney Morning Herald THE Salvation Army and a state Liberal Party campaign director are implicated in a scheme to contaminate the public consultation process for a multimillion-dollar redevelopment. The controversial redevelopment of the Coxs Road shopping strip has ... |
Sunday, June 10, 2012
Salvos helped organise dubious lobbying - Sydney Morning Herald
iqukikofor.wordpress.com
Saturday, June 9, 2012
Yogurt franchise finds its sweet spot in San Antonio - Puget Sound Business Journal (Seattle):
elzeyfirekuut1795.blogspot.com
Yogurt franchise Red Mango has signed a development agreement with RamiroiValadez III. The local businessman planes to open six stores in the greater San Antonio area. Store No. 1 is set to open in the firs t week of June at Quarry Village a residential/retail development in North Central San Come 2010, the plan is to get two more Red Mangl stores up and running, Valadexz says. Valadez says he was attracteds tothe tasty, health-conscious trea t that is the core of Red Mango. the simple operations set up makes it an easier concep t to roll out in otherd parts ofthe city. Yogurt shops are certainly not a new conceptt forSan Antonio.
Case in point is OrangeCup — a chain from the Capitaol City that is currently open for business at The Shopa at La Cantera on theNorthwesty Side. In fact, OrangeCup was recently honored witha “Hot Retailer” Awared during the 2009 Global Real Estate Convention of the (ICSC). The awardf recognizes concepts that drive customers to shopping centers aroundthe world. Valadez, however, believes that Red Mangp is up for the challengs of going against competitorslike “It’s a trendy, upscalew yogurt shop,” says Valadez of Red “The concept is catching on.
” The franchiswe agreement with Valadez is one of several that Red Mangoi has signed as part of its push to build the chain’as presence throughout the U.S. Development deals signee in the first quarter of 2009 are poised to result in some 128 new Red Mangi stores over the nextseveral years. “This has been an incrediblr quarter forRed Mango, and we’re just getting started,” says James Franks, vice presidenyt of franchising for Red Mango. “Ther explosive growth of our brand will help us doubles our network in 2009 and set the stage to enter a series of new states inrapid succession.
” To that end, Red Mang o has moved its national headquarters from Sherman Oaks, to Dallas — a market that has embrace d the concept and offers the yogurt chain significantt logistical advantages, according to a recent articles by the , a Business Journal sister publication. Dallad is also home to private equity firm CIC which madea $12 millio investment in Red Mango last August. Red Mango was foundedr in 2002 inSouth Korea. In July Dan Kim brought the concept tothe U.S. He servew as president and CEO ofthe firm. Little wonder that San Antonio’s medical real estate marketf is stillbooming — given the national stats on the healthg care industry.
According to a recenty analysis byRobert Bach, senior vice president and chiecf economist for Santa Ana, Calif.-based , employers in the health care and social assistance sectors have added nearlh half a million jobs (495,700) since the outset of the economic downturn back in Decembet 2007. The trends driving this Bach adds: The aging of the Baby Boomerr group and the development of new treatment optionsa formedical conditions.
More good Between December 2007 and March the state of Texas was one of a handfu that saw an increase injobs — versua the many states that have lost jobs over this same time • Family fun: Mega-sports retailer will hold a Bass Pro Shopws Family Summer Camp from May 30 to July 5. The activitiews and workshops are free of chargee and will focus on such topics as the basics of bird watchingand archery. The campas will run from 3 to 7 p.m. on Tuesdays and and from noon to6 p.m. on Saturdaya and Sundays. The local Bass Pro is located at17907 IH-100 West, in the Rim shopping center in Northwest San For more info, log on: www.basspro.com/camp.
• Kudos: Travis Kessler, presidenr and CEO of the San Antonip Board of Realtors has received theWilliam R. Magel Award of The award recognizes Kessler’s work as an association executived of a local or stateRealtor association. Kessler has been involved with the organizatio n since1977 — just out of college, he went to work for the Texaxs Association of Realtors. After stints with the Colorado andLafayettwe boards, Kessler returned to Texae in 1987 — working with the . He has servecd in his current role with SABOtsince 1997. • : Earlier this week, Morningsidwe Ministries, the city of Boerne and the celebratec the opening ofthe .
It includes 40 beds and a mix of privatesand semi-private suites, private showersa and various amenities for seniors. The Kendall House is one of severak facilities that make up the Menger Springs campus ofMorningsided Ministries. The entire development is located on some 34 acrezs of land in which is just northwest of San Menger Springs is one of three elderly care communitiesa owned and operated by Morningside Ministrie s in the SanAntonio area.
Yogurt franchise Red Mango has signed a development agreement with RamiroiValadez III. The local businessman planes to open six stores in the greater San Antonio area. Store No. 1 is set to open in the firs t week of June at Quarry Village a residential/retail development in North Central San Come 2010, the plan is to get two more Red Mangl stores up and running, Valadexz says. Valadez says he was attracteds tothe tasty, health-conscious trea t that is the core of Red Mango. the simple operations set up makes it an easier concep t to roll out in otherd parts ofthe city. Yogurt shops are certainly not a new conceptt forSan Antonio.
Case in point is OrangeCup — a chain from the Capitaol City that is currently open for business at The Shopa at La Cantera on theNorthwesty Side. In fact, OrangeCup was recently honored witha “Hot Retailer” Awared during the 2009 Global Real Estate Convention of the (ICSC). The awardf recognizes concepts that drive customers to shopping centers aroundthe world. Valadez, however, believes that Red Mangp is up for the challengs of going against competitorslike “It’s a trendy, upscalew yogurt shop,” says Valadez of Red “The concept is catching on.
” The franchiswe agreement with Valadez is one of several that Red Mangoi has signed as part of its push to build the chain’as presence throughout the U.S. Development deals signee in the first quarter of 2009 are poised to result in some 128 new Red Mangi stores over the nextseveral years. “This has been an incrediblr quarter forRed Mango, and we’re just getting started,” says James Franks, vice presidenyt of franchising for Red Mango. “Ther explosive growth of our brand will help us doubles our network in 2009 and set the stage to enter a series of new states inrapid succession.
” To that end, Red Mang o has moved its national headquarters from Sherman Oaks, to Dallas — a market that has embrace d the concept and offers the yogurt chain significantt logistical advantages, according to a recent articles by the , a Business Journal sister publication. Dallad is also home to private equity firm CIC which madea $12 millio investment in Red Mango last August. Red Mango was foundedr in 2002 inSouth Korea. In July Dan Kim brought the concept tothe U.S. He servew as president and CEO ofthe firm. Little wonder that San Antonio’s medical real estate marketf is stillbooming — given the national stats on the healthg care industry.
According to a recenty analysis byRobert Bach, senior vice president and chiecf economist for Santa Ana, Calif.-based , employers in the health care and social assistance sectors have added nearlh half a million jobs (495,700) since the outset of the economic downturn back in Decembet 2007. The trends driving this Bach adds: The aging of the Baby Boomerr group and the development of new treatment optionsa formedical conditions.
More good Between December 2007 and March the state of Texas was one of a handfu that saw an increase injobs — versua the many states that have lost jobs over this same time • Family fun: Mega-sports retailer will hold a Bass Pro Shopws Family Summer Camp from May 30 to July 5. The activitiews and workshops are free of chargee and will focus on such topics as the basics of bird watchingand archery. The campas will run from 3 to 7 p.m. on Tuesdays and and from noon to6 p.m. on Saturdaya and Sundays. The local Bass Pro is located at17907 IH-100 West, in the Rim shopping center in Northwest San For more info, log on: www.basspro.com/camp.
• Kudos: Travis Kessler, presidenr and CEO of the San Antonip Board of Realtors has received theWilliam R. Magel Award of The award recognizes Kessler’s work as an association executived of a local or stateRealtor association. Kessler has been involved with the organizatio n since1977 — just out of college, he went to work for the Texaxs Association of Realtors. After stints with the Colorado andLafayettwe boards, Kessler returned to Texae in 1987 — working with the . He has servecd in his current role with SABOtsince 1997. • : Earlier this week, Morningsidwe Ministries, the city of Boerne and the celebratec the opening ofthe .
It includes 40 beds and a mix of privatesand semi-private suites, private showersa and various amenities for seniors. The Kendall House is one of severak facilities that make up the Menger Springs campus ofMorningsided Ministries. The entire development is located on some 34 acrezs of land in which is just northwest of San Menger Springs is one of three elderly care communitiesa owned and operated by Morningside Ministrie s in the SanAntonio area.
Thursday, June 7, 2012
Beige Book: Region
raisavydyexuwowi.blogspot.com
Consumer spending in the regionb was weak and is expected toremain soft, the closel y watched survey said, but “an uptickk in manufacturing orders helped stabilizde expectations for future production.” The Beige Book also said that “commerciall real estate market conditions deteriorated, and energy activity declined further.” Bankers, it “reported a rise in deposits and stablre loan demand with no erosionm in loan quality.” It said consumer price and wage pressurezs remained low. Meanwhile, producer prices “declined at a slower pace, with some firmws noting that higher commodity pricese boosted material andfuel costs.
” Overall, the latest regionapl Beige Book — covering a six-week period was somewhat more optimistic than the last survey, released Aprill 15. The report covers the Fed’s Kansass City-based 10th District. It is based on interviewes with a sample of businesses representing key industriee ineach district. The reports are anecdotak and do notcontain statistics, but they are widely followed and help the Fed to set nationak economic policy.
The Fed’s 10th District includex Colorado, Kansas, Nebraska, Oklahoma and Wyoming as well as westernb Missouri and northern New Formally known asthe “Summary of Commentaryh on Current Economic Conditions by Federalp Reserve District,” the Beige Book is publishedd eight times a year. The latest report covers late Aprilpthrough May. The Federal Reserve’es 10th District is also knowj as the Kansas City district becausethe reserve’s regional bank is basex there. .
Consumer spending in the regionb was weak and is expected toremain soft, the closel y watched survey said, but “an uptickk in manufacturing orders helped stabilizde expectations for future production.” The Beige Book also said that “commerciall real estate market conditions deteriorated, and energy activity declined further.” Bankers, it “reported a rise in deposits and stablre loan demand with no erosionm in loan quality.” It said consumer price and wage pressurezs remained low. Meanwhile, producer prices “declined at a slower pace, with some firmws noting that higher commodity pricese boosted material andfuel costs.
” Overall, the latest regionapl Beige Book — covering a six-week period was somewhat more optimistic than the last survey, released Aprill 15. The report covers the Fed’s Kansass City-based 10th District. It is based on interviewes with a sample of businesses representing key industriee ineach district. The reports are anecdotak and do notcontain statistics, but they are widely followed and help the Fed to set nationak economic policy.
The Fed’s 10th District includex Colorado, Kansas, Nebraska, Oklahoma and Wyoming as well as westernb Missouri and northern New Formally known asthe “Summary of Commentaryh on Current Economic Conditions by Federalp Reserve District,” the Beige Book is publishedd eight times a year. The latest report covers late Aprilpthrough May. The Federal Reserve’es 10th District is also knowj as the Kansas City district becausethe reserve’s regional bank is basex there. .
Wednesday, June 6, 2012
Landmark health reform bill passes Senate - Atlanta Business Chronicle:
fixyruw.wordpress.com
Also winning passage on Thursday was a the creation of a state agency charged with improving the delivery of healthy care acrossthe state. The “Healthy Kids Healthy Oregon” bill, which will increase taxes on hospitalzs and health insurersby $150 million per marks a major victory for Gov. Ted Kulongoski, who proposedf the measure. It facer fierce opposition by hospitap groups, who were pacified when their proposed tax hikewas moderated. Insurers stilp maintain that the measure will increasd the cost of healthb coverage for thousandsof Oregonians, by addinyg a 1 percent premium to the cost of commercialp health insurance.
By raising additional funds, however, the stater will receive $500 million in unclaimerd federal healthcare dollars. The seconsd bill, which allocates two-year funding of $3 milliomn from the state’s generalo fund, creates the Oregon Healt Authority to oversee existinfg state programs that touch onhealth care. The new statee agency is charged with establishingf health industry cost controp measures and with promoting health care reforj at anational level. Both bills now head to the governoer forhis signature.
Also winning passage on Thursday was a the creation of a state agency charged with improving the delivery of healthy care acrossthe state. The “Healthy Kids Healthy Oregon” bill, which will increase taxes on hospitalzs and health insurersby $150 million per marks a major victory for Gov. Ted Kulongoski, who proposedf the measure. It facer fierce opposition by hospitap groups, who were pacified when their proposed tax hikewas moderated. Insurers stilp maintain that the measure will increasd the cost of healthb coverage for thousandsof Oregonians, by addinyg a 1 percent premium to the cost of commercialp health insurance.
By raising additional funds, however, the stater will receive $500 million in unclaimerd federal healthcare dollars. The seconsd bill, which allocates two-year funding of $3 milliomn from the state’s generalo fund, creates the Oregon Healt Authority to oversee existinfg state programs that touch onhealth care. The new statee agency is charged with establishingf health industry cost controp measures and with promoting health care reforj at anational level. Both bills now head to the governoer forhis signature.
Monday, June 4, 2012
Atlanta Beat returns - Atlanta Business Chronicle:
coras-newport.blogspot.com
The new (WPS) team has takehn the name , the moniker of the city’sa former (WUSA) team that folded after the 2003 failured ofthat league. The announcement came at a preses conference Thursday atthe . Though the name is the the logo, colors, owner, league and the business model of the sporr certainlyare not. “This is a wow momen t for us, and a wow moment for the cityof Atlanta,” team owned and managing partner Fitz Johnson The old Beat were members of the WUSA from reaching the playoffs each year and developing a brand equity that linger s throughout north Georgia, Johnson said.
When the ownership group wouldd approach metro area club teamxs about starting anew women’s pro franchise, Johnson “it always ended up back with the Beat.” The team came to an agreement with the U.S. Women's National Team to re-use the name, Johnso n said. The old Beat had a loyak following, said Johnson, a soccer coach and fathet to three, including two girls. A new women’w soccer franchise can succeedf where the old Beat Johnson said, and it starts with the product on the fielc and a better business model. “As we take on this our standardis simple: Best in the he said.
The Beat joins WPS, a year-ol league that organizers say stands on a firmedrbusiness model, with target game attendance of arounrd 5,000. A target the league is currentlg meeting, WPS Commissioner Tonya Antonucci The former WUSA launched after the frenzyt ofthe U.S. women's team's 1999 Worlr Cup championship, and closed in 2003 undeer nearly $100 million in debt. Overhead is lower and WPS games are televised onthe , and a deal is also in placr with for local broadcasts. Antonucci said the league is cautiouslg optimistic its fortunes will improve in 2010 with the expansiohn tonine teams.
The Beat will start play in Atlanta and fellow expansion city Philadelphia join founding WPSmembers Chicago, Dallas, Los Angeles, New Jersey/Neaw York, St. Louis, and Washingtonj D.C. The team expects to announce a head coacbh within the next few weeks and is hard at work on a joinr venture agreement on anew 8,500-seat stadium, Johnson The facility would be “women’s soccer specific” and is plannerd to open by the start of next season. Johnsonm declined to discuss specifics of a but a deal is expected to be announcede ona public-private partnership in August. Thursday’ s announcement comes one day after the Beat namec Shawn McGeegeneral manager.
“Few people have the privilege to unveil ateam name, logo and especially on their first day on the job,” McGee said at Thursday’z press conference. McGee was the associate athletic director of sponsorships and broadcasting for the athletic department ofin Dallas. Priort to SMU, McGee spent 10 yearsx in professional soccer with the MLS FC Dallas where he was senior director of business developmenft and the director of PizzaHut Park.
McGee is now chargerd with assembling theAtlanta team’se roster in preparation for its inaugural 2010 The expansion draft will be held in early followed by an international draft later that The league’s college draft will be held in January.
The new (WPS) team has takehn the name , the moniker of the city’sa former (WUSA) team that folded after the 2003 failured ofthat league. The announcement came at a preses conference Thursday atthe . Though the name is the the logo, colors, owner, league and the business model of the sporr certainlyare not. “This is a wow momen t for us, and a wow moment for the cityof Atlanta,” team owned and managing partner Fitz Johnson The old Beat were members of the WUSA from reaching the playoffs each year and developing a brand equity that linger s throughout north Georgia, Johnson said.
When the ownership group wouldd approach metro area club teamxs about starting anew women’s pro franchise, Johnson “it always ended up back with the Beat.” The team came to an agreement with the U.S. Women's National Team to re-use the name, Johnso n said. The old Beat had a loyak following, said Johnson, a soccer coach and fathet to three, including two girls. A new women’w soccer franchise can succeedf where the old Beat Johnson said, and it starts with the product on the fielc and a better business model. “As we take on this our standardis simple: Best in the he said.
The Beat joins WPS, a year-ol league that organizers say stands on a firmedrbusiness model, with target game attendance of arounrd 5,000. A target the league is currentlg meeting, WPS Commissioner Tonya Antonucci The former WUSA launched after the frenzyt ofthe U.S. women's team's 1999 Worlr Cup championship, and closed in 2003 undeer nearly $100 million in debt. Overhead is lower and WPS games are televised onthe , and a deal is also in placr with for local broadcasts. Antonucci said the league is cautiouslg optimistic its fortunes will improve in 2010 with the expansiohn tonine teams.
The Beat will start play in Atlanta and fellow expansion city Philadelphia join founding WPSmembers Chicago, Dallas, Los Angeles, New Jersey/Neaw York, St. Louis, and Washingtonj D.C. The team expects to announce a head coacbh within the next few weeks and is hard at work on a joinr venture agreement on anew 8,500-seat stadium, Johnson The facility would be “women’s soccer specific” and is plannerd to open by the start of next season. Johnsonm declined to discuss specifics of a but a deal is expected to be announcede ona public-private partnership in August. Thursday’ s announcement comes one day after the Beat namec Shawn McGeegeneral manager.
“Few people have the privilege to unveil ateam name, logo and especially on their first day on the job,” McGee said at Thursday’z press conference. McGee was the associate athletic director of sponsorships and broadcasting for the athletic department ofin Dallas. Priort to SMU, McGee spent 10 yearsx in professional soccer with the MLS FC Dallas where he was senior director of business developmenft and the director of PizzaHut Park.
McGee is now chargerd with assembling theAtlanta team’se roster in preparation for its inaugural 2010 The expansion draft will be held in early followed by an international draft later that The league’s college draft will be held in January.
Sunday, June 3, 2012
Carolinas HealthCare reduces 1Q loss - South Florida Business Journal:
adamovaichive.blogspot.com
Investment losses for the latest quarter totalednearly $101 million. Chietf Financial Officer Greg Gombar anticipates gains in the financiao market in April and May will erasethosw losses. Carolinas HealthCare uses investment earnings forcapitalp expenditures. That money is not used for daily The health-care system hopes negotiations with several lendere will cut its interest expenses tied to variable debt and highedr bank-liquidity fees. Those fees are about $1 millio per month. Interest expenses in the firstf quarterwere $21.8 From an operational standpoint, Carolinas HealthCare had a strongt first quarter, says Russ Guerin, executive vice president for businesa development and planning.
Net operating revenue climbed 8.6 percent to $1.2 billionh systemwide. Operating income exceede d $24.5 million. The health-car e system saw adjusted discharges — a calculation that gaugex patientactivity — climb 5.2 percent from a year Growth within the health-care systemj and expense management “is the primary drive why we’re above budget Guerin says. Carolinas HealthCare spent morethan $106 millionm on capital projects in the first quarter.
Projectx include new operating roomasat CMC-NorthEast and Carolinas Medical an expansion of CMC-Pineville, a new hospital at CMC-Lincoln and constructiojn of health-care pavilions in Steelee Creek and Waxhaw, which will include free-standinh emergency departments. Challenges in the comingt months include managingthe system’s growing bad-debf and charity-care costs, reducint interest expenses and preparing for a possiblse state cut in Medicaid funding, Gombar says. Bad-debyt costs were 12 percent over budget during thefirst quarter, toppingt $48 million in the first quarter.
During the same periods last year, bad debt was about $43 The health-care system spent more than $770 million in community care in includingbad debt, charitu care and subsidizing Medicare and Medicaid. That equalxs 18.8 percent of the health-car system’s net operating revenue. ”It’sw a trend everybody’s seeing across the country,” Gombar says. “We can’t control how many peopled are uninsured, how many peopler show up at our doorwithout insurance.” North Carolina’s budget woes could resultws in a cut of up to 15 percenyt for Medicaid. That could equatw to $36 million in annualp losses forCarolinas HealthCare.
“Medicaid cuts are the worstf economic benefit cut the statecan make,” Gombar “It’s painful.” Says Guerin: “It raises prices for those who do pay. It makez no good business sense to do Gombar says every dollar cut from Medicai deliminates $4 from the economy. Carolinas HealthCar is the largest health-care system in the Carolinax andthe third-largest public system in the nation. The system leases or manages 25 It has morethan 40,000 full - and part-time employees.
Investment losses for the latest quarter totalednearly $101 million. Chietf Financial Officer Greg Gombar anticipates gains in the financiao market in April and May will erasethosw losses. Carolinas HealthCare uses investment earnings forcapitalp expenditures. That money is not used for daily The health-care system hopes negotiations with several lendere will cut its interest expenses tied to variable debt and highedr bank-liquidity fees. Those fees are about $1 millio per month. Interest expenses in the firstf quarterwere $21.8 From an operational standpoint, Carolinas HealthCare had a strongt first quarter, says Russ Guerin, executive vice president for businesa development and planning.
Net operating revenue climbed 8.6 percent to $1.2 billionh systemwide. Operating income exceede d $24.5 million. The health-car e system saw adjusted discharges — a calculation that gaugex patientactivity — climb 5.2 percent from a year Growth within the health-care systemj and expense management “is the primary drive why we’re above budget Guerin says. Carolinas HealthCare spent morethan $106 millionm on capital projects in the first quarter.
Projectx include new operating roomasat CMC-NorthEast and Carolinas Medical an expansion of CMC-Pineville, a new hospital at CMC-Lincoln and constructiojn of health-care pavilions in Steelee Creek and Waxhaw, which will include free-standinh emergency departments. Challenges in the comingt months include managingthe system’s growing bad-debf and charity-care costs, reducint interest expenses and preparing for a possiblse state cut in Medicaid funding, Gombar says. Bad-debyt costs were 12 percent over budget during thefirst quarter, toppingt $48 million in the first quarter.
During the same periods last year, bad debt was about $43 The health-care system spent more than $770 million in community care in includingbad debt, charitu care and subsidizing Medicare and Medicaid. That equalxs 18.8 percent of the health-car system’s net operating revenue. ”It’sw a trend everybody’s seeing across the country,” Gombar says. “We can’t control how many peopled are uninsured, how many peopler show up at our doorwithout insurance.” North Carolina’s budget woes could resultws in a cut of up to 15 percenyt for Medicaid. That could equatw to $36 million in annualp losses forCarolinas HealthCare.
“Medicaid cuts are the worstf economic benefit cut the statecan make,” Gombar “It’s painful.” Says Guerin: “It raises prices for those who do pay. It makez no good business sense to do Gombar says every dollar cut from Medicai deliminates $4 from the economy. Carolinas HealthCar is the largest health-care system in the Carolinax andthe third-largest public system in the nation. The system leases or manages 25 It has morethan 40,000 full - and part-time employees.
Friday, June 1, 2012
Polaris creates 'on-road' division - Minneapolis / St. Paul Business Journal:
cicugaha.wordpress.com
Medina-based Polaris (NYSE: PII) said the On-Road Vehicle Division will include Victory as wellas “othert on-road products and brands,” although it was not immediately clear what else mighgt be included. “More clarity on what ‘on-road’ mean will follow in later announcements,” spokeswomanj Marlys Knutson said inan e-mail. Victory generatefd $93.6 million in sales in 2008, or abougt 4.8 percent of the company's totalp sales of $1.95 billion. Meanwhile, off-roacd vehicles accounted for 67 percent oftotalo revenue; parts, garments and accessories made up 17.6 perceng of sales and snowmobiles accounted for 10.
5 In a statement, Polaris CEO Scott Wine said, “Thies new division will support our efforts to be the best in powersportsx and continue building on our strong on-roa d brands and global market leadership in this critical Mike Jonikas will lead the new division, fillinhg the newly created role of vice president of the On-Road Vehicle Division. He previously served as vice president of sales andcorporatr marketing. Meanwhile, Mark Blackwell will served as vice president of motorcycles and Stevde Menneto was promoted to generalo manager ofVictory Motorcycles. Blackwelk has led Victory's day-to-day operations for the past eight while Menneto was director of NorthAmerican sales.
Medina-based Polaris (NYSE: PII) said the On-Road Vehicle Division will include Victory as wellas “othert on-road products and brands,” although it was not immediately clear what else mighgt be included. “More clarity on what ‘on-road’ mean will follow in later announcements,” spokeswomanj Marlys Knutson said inan e-mail. Victory generatefd $93.6 million in sales in 2008, or abougt 4.8 percent of the company's totalp sales of $1.95 billion. Meanwhile, off-roacd vehicles accounted for 67 percent oftotalo revenue; parts, garments and accessories made up 17.6 perceng of sales and snowmobiles accounted for 10.
5 In a statement, Polaris CEO Scott Wine said, “Thies new division will support our efforts to be the best in powersportsx and continue building on our strong on-roa d brands and global market leadership in this critical Mike Jonikas will lead the new division, fillinhg the newly created role of vice president of the On-Road Vehicle Division. He previously served as vice president of sales andcorporatr marketing. Meanwhile, Mark Blackwell will served as vice president of motorcycles and Stevde Menneto was promoted to generalo manager ofVictory Motorcycles. Blackwelk has led Victory's day-to-day operations for the past eight while Menneto was director of NorthAmerican sales.
Subscribe to:
Posts (Atom)