SBA News:SACRAMENTO, Calif. — The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to New Mexico small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced Wednesday. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act recently signed by the President, to declare a disaster following a request received March 16 from Gov. Michelle Lujan Grisham.The disaster declaration makes SBA assistance available in the following counties:Primary New Mexico counties: Bernalillo, Colfax, Dona Ana, Grant, Lea, Lincoln, Quay, San Juan and Santa Fe;Neighboring New Mexico counties: Los Alamos, Catron, Chaves, Cibola, Curry, De Baca, Eddy, Guadalupe, Harding, Hidalgo, Luna, McKinley, Mora, Otero, Rio Arriba, Roosevelt, San Miguel, Sandoval, Sierra, Socorro, Taos, Torrance, Union and Valencia; Neighboring Arizona counties: Apache and Greenlee; Neighboring Colorado counties: Archuleta, Costilla, La Plata, Las Animas and Montezuma; Neighboring Texas counties: Andrews, Cochran, Deaf Smith, El Paso, Gaines, Hartley, Loving, Oldham, Winkler and Yoakum. “SBA is strongly committed to providing the most effective and customer-focused response possible to assist New Mexico small businesses with federal disaster loans. We will be swift in our efforts to help these small businesses recover from the financial impacts of the Coronavirus (COVID-19),” Administrator Carranza said.SBA Customer Service Representatives will be available to answer questions about SBA’s Economic Injury Disaster Loan program and explain the application process.“Small businesses, private non-profit organizations of any size, small agricultural cooperatives and small aquaculture enterprises that have been financially impacted as a direct result of the Coronavirus (COVID-19) since Jan. 31, 2020, may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred,” Carranza said.“These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. Disaster loans can provide vital economic assistance to small businesses to help overcome the temporary loss of revenue they are experiencing,” Carranza added.Eligibility for Economic Injury Disaster Loans is based on the financial impact of the Coronavirus (COVID-19). The interest rate is 3.75 percent for small businesses. The interest rate for private non-profit organizations is 2.75 percent. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years and are available to entities without the financial ability to offset the adverse impact without hardship.Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800).659.2955 or email firstname.lastname@example.org for more information on SBA disaster assistance. Individuals who are deaf or hard-of-hearing may call (800).877.8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.The deadline to apply for an Economic Injury Disaster Loan is Dec. 17, 2020.For more information about Coronavirus, visit: Coronavirus.gov.
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With more than 20 years of experience across multiple industries and functional areas, deMoulpied has particular expertise in organizations with complex technical products. Combined, his prior positions have required a spectrum of skills in corporate strategy, operations improvement, product quality, and revenue cycle management. He has an impressive history of utilizing data driven problem solving (Lean Six Sigma) and project management (PMP and CSM) to achieve strategic goals surrounding customer satisfaction, operational efficiency and improved profit. DeMoulpied has a Bachelor of Science degree in Engineering Management from the United States Air Force Academy and a Master of Business Administration degree from the University of Dayton in Marketing and International Business. He served six years with the USAF overseeing the development of technology used on fighter aircraft and the E-3 Surveillance aircraft, finishing his career honorably as Captain. DeMoulpied comes to LSI from the Private Client Services practice of Ernst & Young where he managed strategy & operations improvement engagements for privately held client businesses. Some of his prior roles include VP of strategic development, director of strategic initiatives, and Lean Six Sigma Master Black Belt at OptumHealth, UnitedHealth Group’s health services business, as well as Lean Six Sigma Black Belt at General Electric, where he applied operations improvement principles to customer service, supply chain and product development. A successful entrepreneur, deMoulpied is also the founder of PrestoFresh, a Cleveland-based e-commerce food/grocery business. LSI President Brett Tennar says, “Steve’s success in developing operational strategies that improves the bottom line, builds teamwork, reduces waste and ensures quality product development and distribution checks many of the boxes of what we were looking for in a COO. This, coupled with his career in the Air Force working with highly technical systems and his in-depth understanding of Lean Six Sigma and Business Process Management sealed our offer. As our tagline states, our products are Powered by Science. This data driven approach is one reason why our company has grown exponentially as we employ the most advanced technology to product development. I am confident that Steve is the right person to drive operational strategy for our diverse and growing brands.” Advertisement The North American International Auto Show (NAIAS) has announced that Max Muncey has been named public relations (PR) manager, effective June 1. Muncey will report to Bob Caza, communications director of NAIAS.AdvertisementClick Here to Read MoreAdvertisement“This is one of the key next steps in the evolution of NAIAS in regard to our communications initiatives and how we position ourselves among global auto shows,” said Rod Alberts, executive director of NAIAS. “Max brings a wealth of automotive and media experience to NAIAS; having an in-house PR lead will allow us to more effectively respond to a variety of needs and manage our communications strategy.”Rohatynski-Harlow Public Relations will continue to serve as PR agency of record for NAIAS 2016-‘17, and will work with Muncey on a day-to-day basis. Muncey will be responsible for the PR strategy, media relations management, executive writing and social media execution for NAIAS. He has been involved in the automotive industry throughout his career. Prior to joining NAIAS, Muncey served as an account supervisor at The Quell Group, a Troy-based strategic communications firm, and was a lead in the firm’s automotive practice. He was responsible for account management, public relations strategy, media relations management, writing and event planning.A graduate of Western Michigan University, Muncey earned a bachelor’s degree in public relations. He is a member of the Automotive Press Association, Automotive Public Relations Council, the Washington Automotive Press Association and MICHauto.,Lubrication Specialties Inc. (LSI), manufacturer of Hot Shot’s Secret brand of performance additives and oils, recently announced the expansion of senior leadership. Steve deMoulpied joins LSI as the company’s chief operating officer (COO). AdvertisementClick Here to Read MoreAdvertisement
Only in the current political climate could the environment become a contentious topic.We’ve certainly dealt with the issue at this newspaper, where readers and callers passionately argue whether global warming exists or not.We see it here in East Hampton, where the Deepwater South Fork Wind Farm has divided the town. The issue is, and should be, where the cable carrying the power comes to shore and why a bucolic town like East Hampton was chosen as host. Instead, some have turned it into a debate about wind power in general.As another huge, record-breaking weather system finally fades (Dorian) and with the memory of Hurricane Sandy and the 2004 tsunami in Japan still fresh, let’s worry about what we do know: Weather systems are strengthening, dangerously so. The cause surely lies with mankind.Our sole focus should be on what we can do to reverse the trend, and what we will do if we are next.Reducing the use of fossil fuels, cleaning our oceans and bays, protecting our drinking water — these are universal goals, not topics for partisan bickering. When we see plastic floating in the middle of the ocean, do we really need a politician to blame it on?Hurricane Dorian served as a bitter reminder that one of these storms, perhaps the next one, will smash us head on. Montauk will be cut off from the mainland. Debris will pile up everywhere. Our docks and marinas will be savaged. And yes, lives will be lost. These are the truisms that must shape our every move. The carbon dioxide levels in the air are suffocating this planet. Want someone to blame? Look inside. The road to recovery is daunting. All of us need to be headed in the same direction. Share
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Andy Mole (24) lives in Hexham is the new sales and service engineer for the north of England and Scotland. Liam Bruce (31) from Leicester is the new sales and service engineer covering the Midlands. A-Gas Rapid Recovery is a bespoke, F-Gas compliant recovery service with very high recovery rates – many times faster than traditional recovery units. The main benefit to contractors is that they are able to outsource this work to someone who is a specialist in the field of recovery. A network of recovery vehicles and engineers is available to go on site at short notice to handle jobs of all sizes. The equipment is independent of services like power, is portable and with long hoses it can reach RAC units in the most difficult places. As well as refrigeration, A-Gas Rapid Recovery provides services to a wide range of industries, including heating and ventilation, demolition and marine.
TechnipFMC has reported first-quarter 2017 net income of $190.8 million and diluted earnings per share of $0.41. Excluding charges and credits of $193.5 million, or $0.30 per diluted share, adjusted diluted earnings per share were $0.71.Total company operating profit was $379.7 million, with adjusted EBITDA at $684.4 million.Revenues for the quarter were $3.4 billion. Order intake was $1.6 billion, of which subsea division order intake was $666 million.Subsea generated first quarter revenues of $1.4 billion. Major projects include Total Kaombo and Moho Nord, and ENI Jangkrik.Subsea delivered operating profit of $54.2 million. Adjusted EBITDA was $238.6 million. Subsea improved adjusted EBITDA margins to 17.3 percent, despite a 42 percent revenue decline from the prior-year quarter.“In subsea, market acceptance of our combined offering has been demonstrated by an acceleration of front-end studies. These studies are being converted to iEPCI™ awards including the Shell Kaikias project. Other recent project awards, including our award of ExxonMobil Liza, further illustrate returning confidence in the subsea market,” said Doug Pferdehirt, CEO of TechnipFMCAt the end of the first quarter 2017, the company’s backlog was $16.1 billion, including subsea backlog of $6.6 billion.The company added it plans a quarterly dividend following third quarter 2017 results.Subsea World News Staff
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Amarcon says that the recent OCTOPUS-Onboard installation on the Taklift 7 provides similar functionality to the previous one on the Taklift 4.Both will be deployed in a decommissioning project.The main goals of the installation are to assist the master and the crew of the floating sheer legs during heavy lift offshore and transportations of project cargo operations.Amarcon says that the functionality of OCTOPUS-Onboard is tailored to the specific type of vessel.For vessels involved in the heavy lift industry this functionality mainly consists out of motion monitoring, response prediction, heavy-weather decision support and weather window evaluation.OCTOPUS-Onboard the Taklift 7 and also the Taklift 4 has an interface with weather forecastproviders Nowcasting and Octomar for local weather reports. This in combination with the response prediction from OCTOPUS-Onboard enables a clear indication of anticipated weather windows, resulting in higher production per day during offshore construction/lifting projects, claims the company.All the measured data from the bridge is stored enabling the Smit Operations & Tender department to monitor the motions of the project cargo afterwards and monitor the whole transportation and offshore operation with regards to the actual experienced motions and conditions.Currently Amarcon is developing a new version of OCTOPUS-Onboard; version 6, with a wide range of new functionality which is expected to be released later this year. www.amarcon.com
RUSSIA: The concession agreement for the construction of the Northern Latitudinal Railway is scheduled to be signed by September 8, after Prime Minister Dmitry Medvedev signed a decree on August 15 giving government approval.The SShKh consortium will be responsible for financing, building and operating the 113bn rouble line, which would form a 353 km route between the current railheads at Labytnangi and Nadym. Construction is expected to begin in 2019 for completion in 2023.Yamal-Nenets Autonomous District is to provide land and will fund part of the cost of two major bridges over the rivers Ob and Nadym.The line would connect RZD’s Northern and Sverdlovsk divisions, freeing capacity on the Trans-Siberian route and connecting the Yamal Peninsula to the rail network. Freight is forecast at 23·9 million tonnes/year, with the most important traffic being gas condensate and crude oil.As part of the project, Russian Railways is to modernise the 1 318 km Kotlas – Labytnangi line to the west, and the 93 km Korotchaevo – Pangody line to the east. Gazprom will complete the construction and commissioning of its own 112 km Pangody – Nadym line in the east. These works by RZD and Gazprom are valued at 90bn roubles, taking the overall cost of the project to more than 200bn roubles.