Trophy assets

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Business Facilities’ Best of the Best: How Does PA Rank?

first_img Innovation,  Jobs That Pay,  The Blog The DCED Marketing Office is always looking for new opportunities to showcase Pennsylvania’s innovation, imagination, and legendary can-do spirit. We know it’s these unique qualities that set Pennsylvania apart from other states and ultimately drive the achievements of our economy and communities. That’s why I was delighted to see some new annual rankings recently published by Business Facilities. In those rankings, Pennsylvania placed in the top 10 in five distinct and important categories. Our excellent scores are evidence of the work we do every day to help businesses and communities thrive.Infrastructure Upgrades – No. 5We are proud to be ahead of the curve with infrastructure upgrades, which are not only essential to our communities and public safety, but are important for businesses to be successful and efficiently move products and services to market. We earned this ranking based on our investment and dedication to enhancing roads, bridges, dams, water and sewage treatment facilities, ports, airports, rail systems, fiber networks, energy pipelines, and electric transmission systems.Manufacturing – No. 6It’s no secret that Pennsylvania is a leader in manufacturing. It’s part of our legacy that continues to shape our future. If you take a look around your home, chances are you own many products made in Pennsylvania. Food, clothing, machines, plastics, and more are produced here. Our manufacturers and manufacturing workforce of more than 563,000 are the backbone of our economy and contribute to our quality of life.STEM – No. 6When it comes to STEM jobs — jobs in the fields of science, technology, engineering, and math — Pennsylvania ranks sixth in the nation. This recognition is significant because we see science and technology as driving forces behind our economy. Just take a look at what’s happening in places like Pittsburgh, where we’re leading innovation in robotics and self-driving car technology. Or Philadelphia, where new high-tech smart fabrics are being created for everything from monitoring vital signs to storing energy. The list goes on. As a state, we offer a wealth of resources, including our nearly 300 institutions of higher education, to train and grow our future STEM leaders.Biotechnology – No. 7With more than 1,000 research, testing, and medical labs and an excess of 2,300 life sciences establishments, Pennsylvania is a leader in the life sciences and biotechnology. This past June, we joined 15,000 biotechnology and pharma leaders at the BIO International Convention in San Francisco, where we promoted the Keystone State as a life sciences leader and featured companies like Inovio Pharmaceuticals, which recently announced it will be the first to test an experimental vaccine in humans to combat the Zika virus. This is just one example of the many innovations resulting from Pennsylvania’s innovation ecosystem.Exports – No. 10Exporting offers innovative companies an opportunity to grow by expanding the sale of their products or services in international markets. They also help drive our economy. In fact, Pennsylvania exported $39.4 billion in goods and services in 2015. Our top export industries include chemicals, transportation equipment, computer and electronic products, machinery, and primary metals. In 2013, over 15,600 Pennsylvania companies were exporters – of which 89 percent (or nearly 14,000) were small or medium-sized companies with fewer than 500 employees. Exports are a true Pennsylvania success story and another example of how we are leading other states nationally and globally.I am proud to live and work in Pennsylvania, and it’s great to see that others are noticing our accomplishments, too. If you’re interested in seeing a full list of Pennsylvania’s accomplishments, visit our Awards and Rankings page, and follow us on Twitter (@PADCEDnews) for even more PA success stories. SHARE Email Facebook Twitter   SHARE  TWEET August 03, 2016 Business Facilities’ Best of the Best: How Does PA Rank? By: Amy Zecha, Executive Director for Marketing at the Department of Community & Economic Development Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolflast_img read more

Tan would consider colour change

first_img Press Association “For legal reasons I cannot comment on the detail,” Tan said. “But I’m pleased that finally we have a closure on this matter and suffice to say he is dropping all litigation, all claims against us. “I’m pleased with the result and I’m also pleased that he has publicly apologised. I said before, one day some people will apologise to me for what they have done. “Some people made me out like the villain. I’m supposed to be the Bond villain, but actually I’m James Bond.” Tan has now said that should the club bounce back to the top flight, he might be prepared to concede on the club’s colours, having believed a change to red would make the club more marketable overseas, especially in Asia. “I would like to focus on getting back to the Premier League and after we are there I will definitely agree to sit down and find a solution – maybe we can have a compromise,” he told the BBC. “I am not a quitter. I will stay until we get ourselves up and then we will see whether we can work out this colour change and compromise. If we can, maybe I will stay for a long time.” He added: “Let us get back to the Premier League first and after we are there I assure fans, the Supporters’ Trust and all of them, that I will sit down with them and we will find a solution that I hope will be satisfactory for all – for them and for me also. “We would like to work closely with the fans. We will try to engage and meet as often as we can. “Our chairman (Mehmet Dalman) will have constant dialogue and whenever I can I will join them.” Tan has also rejected his image as a ‘villain’ after reaching a settlement over the sacking of Mackay. The Scot and his former head of recruitment Iain Moody both released statements on Friday announcing that they had reached settlements with Cardiff and also issued apologies for any offence they may have caused to Tan. The Malaysian businessman was behind the controversial decision to dispense with tradition and change the Bluebirds’ home kit to red, but appears now to be prepared to at least think about reverting back. Cardiff were relegated last weekend after a turbulent first season in the Premier League, with manager Malky Mackay dismissed in December and his successor Ole Gunnar Solskjaer unable to keep them up. Cardiff owner Vincent Tan says he will consider changing the club’s colours back from red to blue – if they can win promotion back to the Barclays Premier League.last_img read more

AccorHotels to consolidate leadership in Brazil

first_imgAccorHotels to consolidate leadership in Brazil with the integration of 26 BHG hotelsAccorHotels announces it has signed an agreement with Brazil Hospitality Group (BHG) and its shareholders, funds managed by GP Investments and GTIS Partners, in order to take over the management of 26 hotels (c. 4,400 rooms) currently owned or managed by BHG, the third-largest hotel company in Brazil.The portfolio includes economy, midscale and upper upscale hotels in Brazil’s major markets, especially in Rio de Janeiro and Sao Paulo, complementing well AccorHotels’ existing network in Brazil, and consolidating the Group’s leadership across all segments. The hotels will undergo major renovation and repositioning works and shall progressively be reflagged until the end of 2019 under AccorHotels brands, including ibis, ibis Styles, ibis Budget, Mercure, Novotel, Mama Shelter, MGallery and Pullman, under long-term management agreements.The management portfolio will be acquired by AccorHotels for a consideration of R$ 200m, or c. €60m at current exchange rate. The transaction is expected to close in Q4 2017 and is subject to the approval of the Brazilian antitrust authority. It will be accretive to AccorHotels results as soon as 2018, notably thanks to significant synergies with the Group’s existing operating platform in the country.Sebastien Bazin, Chairman & CEO of AccorHotels said: “Today’s Brazil is a land of major opportunities. This transaction is a new milestone in the history of AccorHotels in this country, where we have been a firm leader for decades. It will bring new landmark hotels as well as an increased brand awareness across all segments. It also anchors a strong and long-term relationship with BHG, one of the largest owners of hotel real estate in Brazil, which will bring incremental growth opportunities going forward.”Alexandre Solleiro, CEO of BHG said: “We are thrilled with the opportunities that this transaction creates for our company, our business partners and our teams. Because 100% of the capital generated from this transaction will be reinvested in our owned hotels, we will be able to accelerate the repositioning and performance of BHG as a leading owner of hotels in Brazil. At the same time, we will also be able to better focus our resources and management teams in the development of our business of managing third party hotels through our owned and licensed brands.”Source = AccorHotelslast_img read more