The Carlyle Group Sells Majority Stake in JMC Steel Group To The Zekelman Family
BEACHWOOD, Ohio & WASHINGTON--Global alternative asset manager The Carlyle Group and JMC Steel Group announced today that they have signed a definitive agreement whereby Carlyle will sell its majority stake in JMC to the Zekelman family, which currently owns a minority stake. JMC will put in place a new capital structu ... Continue reading
GM, Chrysler Salaried Workers To Get Bonuses
Most of the 26,000 white-collar workers at General Motors Co. will get performance bonuses of 4 to 16 percent of their base salaries this year, but payments to a small number could be 50 percent or more, the company confirmed late Thursday. ... Continue reading
Ford's Driving Skills for Life Expands into 15 States, Invests $1 Million
In a major expansion of Ford Driving Skills for Life, teens in 15 states will learn proper driving skills through hands-on driving clinics with professional drivers in their own high school parking lots. The additional $1 million investment gives more students the chance to take part in the program that offers web trai ... Continue reading
Krohn Racing Welcomes Le Mans and ILMC Invitation
This week Krohn Racing was announced as one of 26 race team entries invited to participate in the 2011 Intercontinental Le Mans Cup Series, a global sports car endurance race series featuring seven championship events on three continents between March and November 2011. Krohn Racing was the only American team invited i ... Continue reading
Ethanol Is Not Reducing the Amount of Corn for Food
There's actually more corn for food in the U.S. because of increased ethanol production By Ron Lamberty Vice President/Market Development American Coalition for Ethanol This article comes from the American Coalition for Ethanol blog "ETHANOL. RIGHT. NOW" While the "food vs. fuel" PR campaign was wildly successful, it w ... Continue reading
Airstream of Chicago Featured at the 2011 Chicago Auto Show
CHICAGO, Feb. 12, 2011 CHICAGO, Feb. 12, 2011 -- Airstream of Chicago is Illinois' exclusive dealer of the iconic Airstream Trailer brand. à At this year's Auto Show, the company will be featuring some of the highlights of the 2011 Airstream fleet ââ¬âamong many of which is the green technology that the ... Continue reading
Gasoline Pump Prices Highest Ever for This Time of Year - WE HAVE A SOLUTION FOR YOU!
NEW YORK - February 12, 2011: According to an AP story today, "U.S. gasoline prices have jumped to the highest levels ever for the middle of February. The national average hit $3.127 per gallon on Friday, about 50 cents above a year ago. The price is about 6 percent higher than on this date in 2008. The next day, pump ... Continue reading
Sean Corr Thunders Empire Racing Into Top-10 In ARCA Happy Hour
DAYTONA BEACH, February 12, 2011: Sean Corr, who will make his second consecutive start at the âWorld Center of Racingâ�, Daytona (Fla.) International Speedway roared his No. 82 Empire Racing LLC. Ford Fusion into the top-10 during ARCAâs final practice Saturday morning. Corr, who will roll off from ... Continue reading
SCCA Rally, Solo Awards Part of Friday's Convention Activities
LAS VEGAS, February 12, 2011: The top Sports Car Club of America Soloists and Rally participants were recognized on Friday at the 2011 Sports Car Club of America Convention, just part of a day full of activities taking place at the South Point Hotel and Casino in Las Vegas. The second day of the three-day convention an ... Continue reading
Rookie Bayne Confident As He Prepares For His Daytona Debut
When the Wood Brothers No. 21 Motorcraft/Quick Lane Ford Fusion hits the track for Daytona 500 practice on Saturday, itâll represent both ends of the Speedweeks experience spectrum. The Woods have been racing at Daytona in February for 61 years, since team founder Glen Wood was driving in races on the old beach-ro ... Continue reading
Roush Fenway's Edwards to Start Third in Budweiser Shootout
<b>Biffle draws 11th, Kenseth 19th for all-star event</b> DAYTONA BEACH, Feb. 11, 2011: Carl Edwards will start third in tomorrow nightâs Budweiser Shootout, after pulling the spot in Friday nightâs random drawing. Greg Biffle will start 11th and Matt Kenseth drew the 19th place spot for the all-star event th ... Continue reading
Maryeve Dufault; Tony Marks Rev Up With VR-12 For 2011 ARCA Season
DAYTONA BEACH, February 12, 2011: Officials from Tony Marks Racing (TMR) and Freezetone® Products, the manufacturer of VR-12 announced this morning from Daytona (Fla.) International Speedway that VR-12 has aligned itself with the newest team in the ARCA Racing Series presented by Menards driven by Maryeve (pronounce ... Continue reading
Chad Hackenbracht Receives Support From NASCAR Champion
DAYTONA BEACH, February 12, 2011: When a ARCA rookie like Chad Hackenbracht receives some advice from a NASCAR Camping World Truck Series (NCWTS) champion, you better believe he takes every word to heart. So, when Ron Hornaday Jr., driver of the No. 33 Kevin Harvick Inc. Chevrolet Silverado strolled through the ARCA Ra ... Continue reading
Brian Rose Qualifies 15th For Daytona ARCA Debut
DAYTONA BEACH, February 11, 2011: In his return to Daytona (Fla.) International Speedway for the first time since 2002, ARCA Racing Series Rookie of the Year candidate Brian Rose will start his No. 19 Team ASE / Harris Trucking Toyota Camry 15th on Saturday afternoon at Daytona (Fla.) International Speedway. Rose, the ... Continue reading
Canadian Driver Maryeve Dufault Qualifies In ARCA Series In Daytona
DAYTONA BEACH, February 11, 2011: Maryeve Dufault, the Sorel, Quebec Canada native will make her ARCA Racing Series presented by Menards debut Saturday afternoon after she qualified a solid 24th on Friday afternoon at Daytona (Fla.) International Speedway. Dufault, driver of the No. 12 Tony Marks Racing Dodge Charger m ... Continue reading
F1 - Lotus/Renault - Medical Update On Robert Kubica
Robert had further surgery today at the Santa Corona Hospital in Pietra Ligure. A team of 15 doctors and nurses were involved to carry out surgery to his foot, shoulder, humerous, and anterior elbow. Dr. Francesco Lanza from the Orthopaedic Department confirmed that the four operations had gone well. Robert will remain ... Continue reading
F1 - Scuderia Ferrari - Jerez Test Reports - Day 2
Second day of testing for Scuderia Ferrari Marlboro and ten other Formula 1 teams working until Sunday at the Jerez de la Frontera circuit in the south of Spain. For the second day running, Felipe Massa was at the wheel of the F150th Italia. The Brazilian driverâs programme for the morning centred on analysing the ... Continue reading
F1 - Lotus/Renault GP - Jerez Test Report - Day 2
Petrov Petrov remained in the R31 today as the team completed 65 laps in Jerez de la Frontera, Spain. What we learned today: There donât appear to be any problems with warm-up of the hard tyre compound, which the team ran for the first time today. Degradation levels looked reasonable. Optimisation of the KERS in c ... Continue reading
F1 - McLaren Mercedes - Jerez Test Report - Day 2
This was Jensonâs first day with the MP4-26. As yesterday, when Lewis drove the car for the first time, the morning was largely spent acclimatising to the new car, finding a perfect fit and making small improvements to driver ergonomics and comfort. After another lunchtime strip-down, the engineers began a more co ... Continue reading
F1 - Red Bull Racing - Jerez Test Report - Day 2
very early days at the moment in terms of performance and thereâs a long way to go before the first race, but weâve got some good mileage in, which is important.â� The quickest time of the day went to Mercedesâ Michael Schumacher whose best lap was 1:20.352. Our Head of Race Engineering, Ian Mo ... Continue reading
GE Completes Acquisition of Next-Generation Wind Turbine Tower Technology
GE announced today the acquisition of next generation technology from Wind Tower Systems, LLC (WTS) that is expected to enable taller wind turbine towers. The need for taller, cost-efficient towers is becoming an important factor in the wind industry as blade lengths increase. âTaller towers are an essential compl ... Continue reading
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