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With his top construction company facing a slew of litigation and not about to be left out of the bidding action for prized public-funded jobs on a small detail like disclosure requirements on litigation, Hafeez Karamath pulled together an assortment of separate legal entities into what he called a "consolidated group of companies" to prequalify for State contracts. An organisational chart which formed part of the tender document for a UDeCOTT packet of works saw the emergence of a small start-up company as his new lead construction company, Hafeez Karamath Ltd, and the new parent company of miscellaneous other independent Karamath-owned entities as subsidiary companies. His major construction company, Hafeez Karamath Construction Ltd (HKCL), the company named as a defendant in a string of lawsuits, "has emerged as one of the Caribbean's most successful construction companies", according to the company information provided on his tender document.
Starting Monday (10/16) morning, the city of Wausau has three new road closures to report for morning commuters. The first is Scott Street between 1st and 2nd Streets for work on the parking ramp and for Miron to move their crane. Scott St. will shut down all but one lane for the construction, and it's expected to re-open by the end of the day. Second is Jefferson St. in downtown Wausau. Demolition of the Plaza Mall is slated to start Monday (10/16), forcing the closure. Jefferson will be shut down between 2nd and 3rd Streets. The closure should end by Wednesday (10/17). And, lastly, Grant Street between 5th and 6th Streets will close Monday (10/16) for water and sewer work. Grant St. should be re-open by Tuesday (10/17). .
Stor edge self storage has begun construction on its newest location in Windermere, British Columbia. The Lake Windermere location will be the first in BC for the expanding storage services franchise. Calgary, AB (PRWEB) October 16, 2006 -- Stor edge self storage has begun construction on its newest location in Invermere, British Columbia. The Lake Windermere regional facility will be the 7th one the five-year-old company has opened, and the first in BC, as its exciting franchise continues to grow across Canada. Bill Roberts, Vice President of Stor edge self storage Group of Companies, had this to say of the new development: "Obviously we're very excited to be opening yet another location and particularly proud to be expanding into the BC market. By aggressively building the Stor edge brand, we are able to a new range of storage services to customers in the south eastern British Columbia region while continuing to expand across the country."
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Just out today: the 2006 J.D. Power New-Home Builder Customer Satisfaction Study. If you're thinking of buying a new home, you owe it to yourself to check out this rich trove of information. (Full disclosure: J.D. Power is a sister unit of BusinessWeek in the McGraw-Hill Companies). You can find a press release about the study here. Pulte Homes and Centex Homes come out smelling like roses in sawdust. Pulte, including its Del Webb and DiVosta brands, ranks highest in 14 of 34 markets included in the study. Centex Homes ranks highest in 13 markets. Buying a new home can be frustrating. See if this blurb from J.D. Power comports with your own experience: More than 90 percent of new-home buyers report experiencing at least one construction problem with their new home.
JACQUIE Norton has returned to Mount George after the tragic car accident in February which left her paralysed from the chest down, and she is keen to thank the community that rallied together to complete her new home. "I'm overwhelmed, it's just blown me away. I didn't believe that people could get together and help others in situations like this," said Jacquie. At the time of the accident the Nortons' home was in the very early stages of construction but thanks to a special group of close friends including Lyn King and Cindy Smoothy a campaign was set in place to finish the home to accommodate her special needs before she returned from hospital. .
Construction along Harrison avenue between Alpine and Mulford has made life more difficult on motorists, forcing us to leave earlier or even take alternate routes to get to the places we need to go. But while the congestion has meant longer travel times for some, it has also meant fewer customers for local businesses. "Business is probably about half what we did before construction started," says Chase Byerley, an assistant manager at Culver's. Shops and restaurants along Harrison Ave. are normally busy on weekends. But now, those tables and aisles are empty which has business owners extremely worried. "Saturdays have slowed down and that's normally our busiest day. I think the Harrison traffic is a lot of that," says John Reisenbigler, owner of Amish Furniture Specialties.
HOUSTON--(BUSINESS WIRE)--Sterling Construction Company, Inc. (Nasdaq GS: STRL), ("Sterling" or the "Company"), today announced that it has, for the first time, been named one of "America's 200 Best Small Companies" by Forbes magazine. Sterling was ranked #31. The entire list appears in the October 30, 2006 issue of Forbes. On line access is through http://www.forbes.com/lists/2006/23/biz_06200best_The-200-Best-Small- Companies_land.html. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) To qualify for the Forbes list, candidates must have sales of between $5 million and $750 million and a share price of above $5 as of September 29, 2006 on 3-month average volume of 10,000 shares. Candidates must also carry profit margins of greater than 5% with positive sales and profit growth, on average, over both the last five years and last twelve months.
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