Reuters | BofA CEO compensation declined over 70 pct in 2010 Reuters Total compensation for Joe Price, head of BofA's consumer bank operations, declined to $917027 from $6.1 million a year prior. The bank posted a $2.2 billion loss in 2010, driven primarily by mortgage-related losses and billions in writedowns of the ... Bank of America CEO Pay Declined in 2010 BofA CEO compensation declined over 70 pct in 2010 Bank of America Is Said to Plan Hiring New Team of Online Banking Managers |
Wednesday, March 30, 2011
BofA CEO compensation declined over 70 pct in 2010 - Reuters
http://book1000.com/hair-growth/hair-growth/
Tuesday, March 29, 2011
Honeywell tests show renewable jet fuels work as well as traditionals - Business First of Louisville:
squidoo.com
Honeywell data (NYSE:HON) showed littlre difference in the two fuela in test runs inits 131-9 auxiliary powef units and its TFE 731-6 turbofan engine, officials reported at the Paris Air Show. The testw were conducted at itsPhoenix facilities. The fuel was produced by Honeywelo for use in aBoeing Co. biofuepl test flight program. “In a series of testa in both propulsion engines and commercial Honeywell saw no degradation in engine performance or fuel saidBob Smith, vice president of advancerd technology for Honeywell Aerospace.
Ron Rich, the company’s director of advancee technology, said the prospect of developing renewablr jet fuels from sources such as jatrophawand algae, which comprised the test fuel, coulxd help reduce the carbon footprint of jet “These testing results are a strong step toward s certification and commercial use in the coming years,” he said. Honeywelo helped develop the fuel through itssubsidiary UOP, whichu originally developed the fuel under a contracrt from the U.S. Defense Advanced Researcjh Projects Agency.
Honeywell data (NYSE:HON) showed littlre difference in the two fuela in test runs inits 131-9 auxiliary powef units and its TFE 731-6 turbofan engine, officials reported at the Paris Air Show. The testw were conducted at itsPhoenix facilities. The fuel was produced by Honeywelo for use in aBoeing Co. biofuepl test flight program. “In a series of testa in both propulsion engines and commercial Honeywell saw no degradation in engine performance or fuel saidBob Smith, vice president of advancerd technology for Honeywell Aerospace.
Ron Rich, the company’s director of advancee technology, said the prospect of developing renewablr jet fuels from sources such as jatrophawand algae, which comprised the test fuel, coulxd help reduce the carbon footprint of jet “These testing results are a strong step toward s certification and commercial use in the coming years,” he said. Honeywelo helped develop the fuel through itssubsidiary UOP, whichu originally developed the fuel under a contracrt from the U.S. Defense Advanced Researcjh Projects Agency.
Sunday, March 27, 2011
USC's Holmes still under construction - OCRegister
moffaiqohegesa1490.blogspot.com
USC's Holmes still under construction OCRegister Because of neck stingers, junior lineman Khaled Holmes from Mater Dei High is being held out of USC's contact drills this spring. LOS ANGELES รข€" USC's Khaled Holmes is in an unusual spot. The redshirt junior from Mater Dei High is trying ... |
Friday, March 25, 2011
Puget Sound Business Journal (Seattle): Business Events Calendar
fugycyquwod.blogspot.com
List event sponsor(s) here. (Example American Companyt Inc., USA Business Ltd.) Use this area to give a preciser location ofyour event. Downtown Marriot 345 Main St., New NY 000001 Provide the staryt time for yourevent (Example: - 12p.m.) List any charge for your event. Pleasw note if there is no charge. (Example: $9 for $35 for non-members.) Choose a category that describexsyour event. Fill out one or more of the fieldd to the left to provider readers with a way to contact your organizatiob to register foryour event. Pleaser give us your name, phone and e-maiol address where we can contact you in the event of questiond about yourevent listings.
This information will not appeat onthe website. This information will only be used to contacg you foradministrative purposes. bizjournals.com reservew the right to remove listingss if it is determined they are offensiv or not relevant tothe bizjournals.com or of "communith interest" to our users.
List event sponsor(s) here. (Example American Companyt Inc., USA Business Ltd.) Use this area to give a preciser location ofyour event. Downtown Marriot 345 Main St., New NY 000001 Provide the staryt time for yourevent (Example: - 12p.m.) List any charge for your event. Pleasw note if there is no charge. (Example: $9 for $35 for non-members.) Choose a category that describexsyour event. Fill out one or more of the fieldd to the left to provider readers with a way to contact your organizatiob to register foryour event. Pleaser give us your name, phone and e-maiol address where we can contact you in the event of questiond about yourevent listings.
This information will not appeat onthe website. This information will only be used to contacg you foradministrative purposes. bizjournals.com reservew the right to remove listingss if it is determined they are offensiv or not relevant tothe bizjournals.com or of "communith interest" to our users.
Wednesday, March 23, 2011
Lindsey Graham pushes nuclear power back home in South Carolina - MiamiHerald.com
Fujitsu ASTA18JCC
Fox News | Lindsey Graham pushes nuclear power back home in South Carolina MiamiHerald.com Lindsey Graham was home Tuesday, talking about one of his favorite subjects: nuclear energy and why it's the best way to power South Carolina and America. Aware that events in Japan have increased concern about nuclear safety, Graham took the media on ... Sen. Graham shows faith in nuclear power at Oconee Nuclear Station Sen. Graham: 'I believe in nuclear power' Inside Oconee Nuclear: How Safe Is Upstate's Nuclear Power Plant? |
Monday, March 21, 2011
Valero expects 2Q net loss, plans stock offering - San Antonio Business Journal:
Mitsubishi PKH18FK/FL
The company also indicated that it is considering an offerinf of 40 million shares ofcommon stock. Valero’xs (NYSE: VLO) second quarter 2009 results, whic will end June 30, have been impactefd by an extended downtime at its Delawarre City and McKee refineries and a continuatioh of weak sour crude oil discountsw and lowereddiesel margins. Over the past threr months, Valero has acquired seven ethanool plants and a site currently under developmentfrom VSUNQ) for $477 million, excluding workintg capital. Valero also previously agreed tobuy ’s DOW) 45 percent ownershipo interest in Total Raffinaderij Nederland N.V. for $600 excluding working capital.
The company expects its totap capital expenditures in 2009 tobe $2.5 of which $1 billion is for strategivc projects. “Including the two acquisitions and our strategiccapital projects, we expect to invest roughly $2 billiohn in growth investments this year,” Valero Chairmahn and CEO Bill Klesse “Combining the $1 billion debt issuance in March with the 40 million common share offering announced today, we are able to continues to make strategic investments, whilre maintaining our strong balance Valero owns and operates 16 oil refineriesz throughout the United States, Canada and the Caribbean with a combinecd throughput capacity of 3 milliom barrels per day.
Valero also owns sevehn ethanol plants in the Midwest with a combinerd capacity of 780 millionj gallonsper year. Valero also has a network of 5,80 0 wholesale and retail gas outlets.
The company also indicated that it is considering an offerinf of 40 million shares ofcommon stock. Valero’xs (NYSE: VLO) second quarter 2009 results, whic will end June 30, have been impactefd by an extended downtime at its Delawarre City and McKee refineries and a continuatioh of weak sour crude oil discountsw and lowereddiesel margins. Over the past threr months, Valero has acquired seven ethanool plants and a site currently under developmentfrom VSUNQ) for $477 million, excluding workintg capital. Valero also previously agreed tobuy ’s DOW) 45 percent ownershipo interest in Total Raffinaderij Nederland N.V. for $600 excluding working capital.
The company expects its totap capital expenditures in 2009 tobe $2.5 of which $1 billion is for strategivc projects. “Including the two acquisitions and our strategiccapital projects, we expect to invest roughly $2 billiohn in growth investments this year,” Valero Chairmahn and CEO Bill Klesse “Combining the $1 billion debt issuance in March with the 40 million common share offering announced today, we are able to continues to make strategic investments, whilre maintaining our strong balance Valero owns and operates 16 oil refineriesz throughout the United States, Canada and the Caribbean with a combinecd throughput capacity of 3 milliom barrels per day.
Valero also owns sevehn ethanol plants in the Midwest with a combinerd capacity of 780 millionj gallonsper year. Valero also has a network of 5,80 0 wholesale and retail gas outlets.
Sunday, March 20, 2011
Greif 1Q profit plunges on restructuring costs - Business First of Columbus:
Air Purifiers New Orleans
The Delaware-based company told investorss after the markets closed Wednesday that itearned $1.3 or 3 cents a share, in the first quarter ended Jan. 31. That’ws down drastically from profitof $60. million, or $1.03 a share, in the same quarter a year ago. First-quarterf results, the company said, include $29 millionn in pre-tax charges associated with a company-wide initiative to cut costs asdemand slows. That chargd includes $16 million in severance costd as Greifcut 1,375 jobs company-widde and closed 10 plants. Greif’s cost-cutting program, dubber the Greif Business System, was launched in 2003 but picke d up speed last year as economifcconditions weakened.
Those conditions continued to make their markon Greif’sw revenue, which fell 21 percent last quarte r to $666.3 million from $846.3 million a year ago. our first quarter performance is adverselgy affected by seasonal CEO Michael Gasser said ina release. “This was furthert compounded in 2009 by the global economixc downturn that began to impact our companyt in the fourth quarterof 2008.” The companuy said it continues to look at additional ways to cut coste and expects to save about $50 million this fiscal Previous measures include hiring and salary freezesx and the closure of 15 plants in 2008. Greif employs more than 8,600 worldwide.
The company last fiscal year earneed $234.4 million on $3.78 billion in revenue.
The Delaware-based company told investorss after the markets closed Wednesday that itearned $1.3 or 3 cents a share, in the first quarter ended Jan. 31. That’ws down drastically from profitof $60. million, or $1.03 a share, in the same quarter a year ago. First-quarterf results, the company said, include $29 millionn in pre-tax charges associated with a company-wide initiative to cut costs asdemand slows. That chargd includes $16 million in severance costd as Greifcut 1,375 jobs company-widde and closed 10 plants. Greif’s cost-cutting program, dubber the Greif Business System, was launched in 2003 but picke d up speed last year as economifcconditions weakened.
Those conditions continued to make their markon Greif’sw revenue, which fell 21 percent last quarte r to $666.3 million from $846.3 million a year ago. our first quarter performance is adverselgy affected by seasonal CEO Michael Gasser said ina release. “This was furthert compounded in 2009 by the global economixc downturn that began to impact our companyt in the fourth quarterof 2008.” The companuy said it continues to look at additional ways to cut coste and expects to save about $50 million this fiscal Previous measures include hiring and salary freezesx and the closure of 15 plants in 2008. Greif employs more than 8,600 worldwide.
The company last fiscal year earneed $234.4 million on $3.78 billion in revenue.
Thursday, March 17, 2011
Bunge announces new revolving credit facilities - St. Louis Business Journal:
Air Purifiers Rancho Cucamonga
The credit facilities consist ofa $1 billion three-year facility and a $645 million 364-day facility, accordinhg to the company. The new facilitie replace two existing revolving credit agreements with an aggregatr borrowing capacityof $1.7 billion that were scheduled to maturw in 2009, Bunge is the administrative agent and is the syndicationn agent for the facilities, Bunge , and acted as joing documentation agents. “These facilities will maintain ourapproximately $3.5 billionn of aggregate committed revolving creditr capacity, providing the financial flexibility to manage liquidity and grow our said Jacqualyn Fouse, Bunge’s chief financial officer, in a statement. St.
Louis-basef , the North American operating arm ofWhite Plains, N.Y.-based Bunge Ltd. (NYSE: BG), is a food and feed ingredien company that operatesgrain elevators, grain and oilseedx processing plants, refineries and food processinbg facilities in the U.S., Canada and Alberto Weisser is chairman and CEO of Bungre Ltd.; Carl Hausmann is CEO of Bunge Nortj America.
The credit facilities consist ofa $1 billion three-year facility and a $645 million 364-day facility, accordinhg to the company. The new facilitie replace two existing revolving credit agreements with an aggregatr borrowing capacityof $1.7 billion that were scheduled to maturw in 2009, Bunge is the administrative agent and is the syndicationn agent for the facilities, Bunge , and acted as joing documentation agents. “These facilities will maintain ourapproximately $3.5 billionn of aggregate committed revolving creditr capacity, providing the financial flexibility to manage liquidity and grow our said Jacqualyn Fouse, Bunge’s chief financial officer, in a statement. St.
Louis-basef , the North American operating arm ofWhite Plains, N.Y.-based Bunge Ltd. (NYSE: BG), is a food and feed ingredien company that operatesgrain elevators, grain and oilseedx processing plants, refineries and food processinbg facilities in the U.S., Canada and Alberto Weisser is chairman and CEO of Bungre Ltd.; Carl Hausmann is CEO of Bunge Nortj America.
Tuesday, March 15, 2011
New SBA emergency bridge loans to become available in June - bizjournals:
Carrier 52FC0123E
Through the program, small businesses that are having troubler making payments onexisting non-SBA loans can borrowe up to $35,000, interest-free. The mone y can be used to make up to six months of payments of principaol and interest on small business debt ranging from mortgages tocrediy cards. Small businesses will have one year afteer the final disbursement of thes e bridge loans before they have to start payingythem back. They will then have five yearxs to repaythe loans. The economic stimulus bill callede for the SBA to create the new temporargyloan program.
The agency will guaranted 100 percent of the amouny ofthese America’s Recovery Capital loans, which will be made througy its network of private-sector lenders. SBA Administrato r Karen Mills said the agency will provide guidancr to lenders on the ARC program byJune 8, and will beginj accepting loan packages from lenders June 15. “Wde expect these loans to be in high Mills said. Tony Wilkinson, president and CEO of the Nationap Association of GovernmentGuaranteed Lenders, estimates the approximatelyu $350 million in loans that will be availables through the program will be used up “ratherf quickly,” perhaps in three months.
however, are still awaiting crucialk details on the he said. Only “viable” smallk businesses will be eligible to receivethe loans, for and the SBA hasn’t defined viable yet. the SBA will be subsidizing the interestf onthe loans, and the agency has not told lenderd what interest rate they can The SBA will provide thesd details to lenders June 8, Mills said. In she said, viable smalp businesses are firms with a track record of success that are experiencinvgtemporary difficulties, such as declining sales, due to the economi c downturn.
They also must presenyt a plan demonstrating they will be able to sustain themselvesonce they’vd used up the emergency loan, she said. Lenderw that currently do not participate inthe SBA’s government-guaranteedr loan programs will be given the opportunit to do so. This will enablee them to help borrower s who are behind on theitrloan payments, and turn past-due loans into loans that are This should result in more bankzs becoming SBA lenders, a goal of both Millxs and Sen. Mary D-La., who chairs the Senate Smalol Business andEntrepreneurship Committee. Only about half of all U.S. bank s make SBA loans, Landrieu said.
If there is a problemn with the program that keepsx banksfrom participating, “we want to correct it,” she
Through the program, small businesses that are having troubler making payments onexisting non-SBA loans can borrowe up to $35,000, interest-free. The mone y can be used to make up to six months of payments of principaol and interest on small business debt ranging from mortgages tocrediy cards. Small businesses will have one year afteer the final disbursement of thes e bridge loans before they have to start payingythem back. They will then have five yearxs to repaythe loans. The economic stimulus bill callede for the SBA to create the new temporargyloan program.
The agency will guaranted 100 percent of the amouny ofthese America’s Recovery Capital loans, which will be made througy its network of private-sector lenders. SBA Administrato r Karen Mills said the agency will provide guidancr to lenders on the ARC program byJune 8, and will beginj accepting loan packages from lenders June 15. “Wde expect these loans to be in high Mills said. Tony Wilkinson, president and CEO of the Nationap Association of GovernmentGuaranteed Lenders, estimates the approximatelyu $350 million in loans that will be availables through the program will be used up “ratherf quickly,” perhaps in three months.
however, are still awaiting crucialk details on the he said. Only “viable” smallk businesses will be eligible to receivethe loans, for and the SBA hasn’t defined viable yet. the SBA will be subsidizing the interestf onthe loans, and the agency has not told lenderd what interest rate they can The SBA will provide thesd details to lenders June 8, Mills said. In she said, viable smalp businesses are firms with a track record of success that are experiencinvgtemporary difficulties, such as declining sales, due to the economi c downturn.
They also must presenyt a plan demonstrating they will be able to sustain themselvesonce they’vd used up the emergency loan, she said. Lenderw that currently do not participate inthe SBA’s government-guaranteedr loan programs will be given the opportunit to do so. This will enablee them to help borrower s who are behind on theitrloan payments, and turn past-due loans into loans that are This should result in more bankzs becoming SBA lenders, a goal of both Millxs and Sen. Mary D-La., who chairs the Senate Smalol Business andEntrepreneurship Committee. Only about half of all U.S. bank s make SBA loans, Landrieu said.
If there is a problemn with the program that keepsx banksfrom participating, “we want to correct it,” she
Saturday, March 12, 2011
Cambridge's Akamai offers Internet aid for Japan quake - Boston Herald
http://www.a-phone.org/article/86137396/
Cambridge's Akamai offers Internet aid for Japan quake Boston Herald Cambridge-based Akamai Technologies is pledging its help to aid organizations providing relief to Japan in the wake of the 8.9-magnitude earthquake and tsunami that's devastated the northeastern part of the country. ... Firms' Japan operations spared direct blow |
Wednesday, March 9, 2011
Honda overtakes Toyota in survey - Wichita Business Journal:
ermolayenayqaked.blogspot.com
Toyota dropped to second in the survetby , which has conducted the surve y since 2002, and Nissan came in third. Of the Big Threre automakers from Detroit, (NYSE: F) came in ahead of the othert U.S. giants, followed by GM) and , which came in last overalll in the survey for the second year ina row. “Researchh we began in the early 1990z always showed Toyota as having the best relationship with its but something seems tobe changing,” said John Henke Jr., presidenyt of Michigan-based Planning Perspectives. “They’re looking a little more like U.S. Ltd.
(NYSE: HMC) reporteed its sales for April slid25 percent, and that it wouldd be cutting production as it continueas to cope with the economic recession. Marysville-based Honda of Americs Manufacturing employs morethan 12,000 workers at assemblty and engine plants in and around Central where they produce Honda Accords, CR-Vs, Elements and Acura TLs and RDXs. TM) reported it has lost $4.4 billion for the most receny fiscal year, as it continues to deal with the globa slump inauto sales. Chrysler recently filed for bankruptcgy and GM is expected to file for bankruptct protection as early as this Both automakers have accepted billions of dollarse in bailout funds fromthe .
Ford is the only memberf of the Big Three not to take federalpbailout funds. Both Chrysler and GM have announced significantf cuts in theirdealer networks, and are trimming jobs and lookintg at closing plants. All of those movesd have hit suppliers, particularl the smaller auto suppliers, some of whicjh have had to go outof business.
Toyota dropped to second in the survetby , which has conducted the surve y since 2002, and Nissan came in third. Of the Big Threre automakers from Detroit, (NYSE: F) came in ahead of the othert U.S. giants, followed by GM) and , which came in last overalll in the survey for the second year ina row. “Researchh we began in the early 1990z always showed Toyota as having the best relationship with its but something seems tobe changing,” said John Henke Jr., presidenyt of Michigan-based Planning Perspectives. “They’re looking a little more like U.S. Ltd.
(NYSE: HMC) reporteed its sales for April slid25 percent, and that it wouldd be cutting production as it continueas to cope with the economic recession. Marysville-based Honda of Americs Manufacturing employs morethan 12,000 workers at assemblty and engine plants in and around Central where they produce Honda Accords, CR-Vs, Elements and Acura TLs and RDXs. TM) reported it has lost $4.4 billion for the most receny fiscal year, as it continues to deal with the globa slump inauto sales. Chrysler recently filed for bankruptcgy and GM is expected to file for bankruptct protection as early as this Both automakers have accepted billions of dollarse in bailout funds fromthe .
Ford is the only memberf of the Big Three not to take federalpbailout funds. Both Chrysler and GM have announced significantf cuts in theirdealer networks, and are trimming jobs and lookintg at closing plants. All of those movesd have hit suppliers, particularl the smaller auto suppliers, some of whicjh have had to go outof business.
Monday, March 7, 2011
EMC beefs up Mass. presence with Cambridge lab, MIT sponsorship deal - Boston Business Journal:
http://antiflumedicine.com/?p=11
The Hopkinton, Mass., storage and information managementgiant EMC) said Wednesday the Media Lab sponsorship is one of several initiativee coordinated out of EMC Research Cambridge, whicy will be located at 11 Cambridgew Ctr. in Cambridge, Mass. The center will housde EMC’s security-business research lab, RSA Laboratories, as well as about a dozehn researchers, technologists and business leadersacroszs EMC’s business units. The company also has researcg facilities in China andSanta Clara, Calif.
“Research and advancedc technology groupsacross EMC, along with our global universityg research partners, are discovering and explorinv new technologies that will shape the future of digitalo information,” said Jeff EMC senior vice president and chiefr technology officer, in a “This is an incredibles opportunity for EMC to brinhg together some of the world’s leadin research minds and innovators in areax such as personal information management, information integratio n and cloud computing.
” As a consortium sponsofr of the MIT Media Lab, EMC will be able to accessd the center’s research on how people use and interact with new EMC said its initial collaboratioj will be on new models for data ownership and interfaces for business transactionz and health care IT initiatives. A consortiu sponsorship costs $200,000 per year for a minimu of three years. Sponsors receive full intellectuaol property rights to technology developed at the lab duringbtheir sponsorship. The announcement comes a week after EMC and a groupp of universities and technology companies announce d the development of a high performance computing researcyh facilityin Holyoke, Mass.
Other tech giants have builrt dedicated R&D lab in Cambridgw in recent years. (Nasdaq: MSFT), (Nasdaq: GOOG) and IBM) built research centers in the city in the pasttwo
The Hopkinton, Mass., storage and information managementgiant EMC) said Wednesday the Media Lab sponsorship is one of several initiativee coordinated out of EMC Research Cambridge, whicy will be located at 11 Cambridgew Ctr. in Cambridge, Mass. The center will housde EMC’s security-business research lab, RSA Laboratories, as well as about a dozehn researchers, technologists and business leadersacroszs EMC’s business units. The company also has researcg facilities in China andSanta Clara, Calif.
“Research and advancedc technology groupsacross EMC, along with our global universityg research partners, are discovering and explorinv new technologies that will shape the future of digitalo information,” said Jeff EMC senior vice president and chiefr technology officer, in a “This is an incredibles opportunity for EMC to brinhg together some of the world’s leadin research minds and innovators in areax such as personal information management, information integratio n and cloud computing.
” As a consortium sponsofr of the MIT Media Lab, EMC will be able to accessd the center’s research on how people use and interact with new EMC said its initial collaboratioj will be on new models for data ownership and interfaces for business transactionz and health care IT initiatives. A consortiu sponsorship costs $200,000 per year for a minimu of three years. Sponsors receive full intellectuaol property rights to technology developed at the lab duringbtheir sponsorship. The announcement comes a week after EMC and a groupp of universities and technology companies announce d the development of a high performance computing researcyh facilityin Holyoke, Mass.
Other tech giants have builrt dedicated R&D lab in Cambridgw in recent years. (Nasdaq: MSFT), (Nasdaq: GOOG) and IBM) built research centers in the city in the pasttwo
Friday, March 4, 2011
Puma pays $11.5M for new headquarters - Boston Business Journal:
http://www.peacon.net/article/What-an-Office-Coffee-Service-Provides.html
million for a 104,711-square-foot office buildingt which will serve as its new US worldheadquartera location. The building, located in Westford, Mass., will houses the athletic brand's North American operationss including sales, marketing, retail, customef service and finance. Puma currently occupies 80,000 square feet in two buildingas at 5 and 6 Lybertg Way but the company did not disclose planw forthose buildings. Puma, which employees 300 people in New will move its headquarters to Westfordf in the fallof 2008.
"Pumaa has aggressive strategies for the coming To reach our goalsz while not sacrificing the right location is saidJay Piccola, president of Puma Nort h America, in a statement. "We have long consideref Westfordour home, and we're happy that our move will keep us The acquistion, which was originally reportedc in the Boston Business Journal last month, was negotiates by on behalf of Puma. The selle was of Wakefield, Mass. Puma North America is ownedf by a subsidiaryof , based in Herzogenaurach, Germany. The compan has been based in Westford since 1997 with previous headquarterzs in Brocktonand Framingham.
In addition to the Westfords offices, Puma's global marketinh and product design offices are locates at the BostonDesign Center.
million for a 104,711-square-foot office buildingt which will serve as its new US worldheadquartera location. The building, located in Westford, Mass., will houses the athletic brand's North American operationss including sales, marketing, retail, customef service and finance. Puma currently occupies 80,000 square feet in two buildingas at 5 and 6 Lybertg Way but the company did not disclose planw forthose buildings. Puma, which employees 300 people in New will move its headquarters to Westfordf in the fallof 2008.
"Pumaa has aggressive strategies for the coming To reach our goalsz while not sacrificing the right location is saidJay Piccola, president of Puma Nort h America, in a statement. "We have long consideref Westfordour home, and we're happy that our move will keep us The acquistion, which was originally reportedc in the Boston Business Journal last month, was negotiates by on behalf of Puma. The selle was of Wakefield, Mass. Puma North America is ownedf by a subsidiaryof , based in Herzogenaurach, Germany. The compan has been based in Westford since 1997 with previous headquarterzs in Brocktonand Framingham.
In addition to the Westfords offices, Puma's global marketinh and product design offices are locates at the BostonDesign Center.
Wednesday, March 2, 2011
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