Moving and Storage Business News

The News Review:

- Room to grow for norteño hopefuls
- Arcapita announces record USD104 million profit for 2005
- Jeremy Warner’s Outlook: Daily Mail places its bets on a sustainab…
- Gas rise sparks poverty warning
- Capital letters
- New Camp Humphreys barracks on track for March opening

Room to grow for norteño hopefuls
OCRegister – Feb 19, 2006
- is a safe place for musicians. The rooms often 10-by-10 feet and costing about $130 a month to rent are relatively out-of-the-way spaces where bands can perfect their showmanship skills choose play-lists for upcoming shows and decide on their schedules for performances that can pay $200-$400 a night. “It really is a place of culture and we encourage that” said Ruben Rivera a regional manager for TNT Storage Management the company that runs the facility. “We try to reach the Latino population of Santa Ana and cater to that particular culture and language. There’s a certain respect here that you won’t find at other rental storage places. Hoping to attract more traditional rental clients the property managers started asking bands to vacate but eventually the company realized that some of its best customers were the musicians.

Arcapita announces record USD104 million profit for 2005
ameinfo.com – Feb 19, 2006
8 billion in the healthcare aerospace consumer retail industrial and technology sectors. Acquisitions in 2005 include Southland Log Homes one of the largest manufacturers and marketers of pre-cut self-assembled log home kits in North America; Cypress Communications one of the largest providers of shared tenant telecommunications services in the United States; and The Tensar Corporation supplier of highly engineered technology-driven site solutions in North America. Arcapita also completed the initial public offering of Caribou Coffee on the NASDAQ the first time an Arcapita portfolio company has tapped the public equity market. In addition Arcapita exited from DVT Corporation a leader in the machine vision systems industry generating total returns to investors of more than 40 per cent. Real Estate InvestmentsTo date Arcapita has completed 25 real estate investments totaling in excess of $6. Real estate transactions during 2005 include Bahrain Bay a $1… Asset-Based InvestmentsTo date Arcapita has completed six asset-based investments totaling in excess of $1. 8 billion in the United States and Europe in the renewable energy aerospace and utilities sectors. During 2005 the team completed the acquisition of Falcon Gas Storage which develops owns and operates gas storage facilities across the United States and completed a recapitalization of South Staffordshire PLC which allowed a 10 per cent capital distribution back to the investors. For further information please contact:Laila Danesh Financial DynamicsTel: +973 17 537 072Mob: +973 39 051 111. This Article was updated on Wednesday November 22 – 2006Disclaimer:Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content.

Jeremy Warner’s Outlook: Daily Mail places its bets on a sustainab…
The Independent – Independent – Feb 18, 2006
The mouthwatering valuations that tempted Lord Rothermere into considering a sale in the first place evaporated before his eyes the moment they came under the auctioneer’s hammer. In the end they didn’t even make the reserve price. The mouthwatering valuations that tempted Lord Rothermere into considering a sale in the first place evaporated before his eyes the moment they came under the auctioneer’s hammer… This is no doubt true but the worrying thing about the British gas market is that as prices rises and conditions get ever tougher for suppliers there is an ever-decreasing number of competitors. The suppliers blame it all on the wicked Europeans yet the reality is that Britain’s market-based approach to energy has failed adequately to anticipate the end of North Sea plenty and our growing dependence on imports. New storage and import facilities will eventually ease the problem but in the meantime there’s little chance of respite. Blaming the Europeans is largely a smokescreen for the industry’s own failings. warner@independent.

Gas rise sparks poverty warning
BBC News – Feb 18, 2006
“How can I be happy when we’re talking about frail people who could go cold in the winter and we’ve got to protect them?”But I don’t think pointing the finger at British Gas or any other company and saying ‘you’re at fault lower your prices’ is the answer. Mr Wicks said the government’s energy review needed to look “at storage about our capacity and whether we should be wary of importing so much in the future”. On Thursday the European Commission said some European energy firms were holding back gas supplies driving up prices of imports into the UK. Energywatch expressed concern that the market was “not working”. Market concernsSpokesman Alan Asher said: “The price rise is justified in far as Centrica [owner of British Gas] are concerned but the market doesn’t work and it’s unjustified in terms of demand and supply. “There are just a small handful of producers who control the shipping the storage and supply of gas to the UK and the market is failing.

Capital letters
Guardian Unlimited – Feb 18, 2006
The gems were little better. Based on the paperwork alone two jewellers you visited said they could not value them while three said you would be lucky to get £1300 in cash. Valimpex not connected to WC is demanding £940 for storage fees plus an eye-watering £185 for postage. On top of that you’ll have to pay VAT and other duties when they arrive. It’s simply not worth it. Windsor Cairns went into liquidation last October according to official documents in Geneva. It has no forwarding address and no liquidator… Windsor Cairns went into liquidation last October according to official documents in Geneva. It has no forwarding address and no liquidator. You would be better off forgetting this and moving on. Learning a hard lesson in student financesI became a student in September 2004. As I had part-time work and lived at home I did not take a student account with an overdraft. The local Lloyds TSB sold me a Select account – for a monthly fee this account offers a package of money-saving offers. But I soon went into unauthorised overdraft and the bank hit me each time with further charges.

New Camp Humphreys barracks on track for March opening
estripes.com – Feb 18, 2006
PYEONGTAEK South Korea ? Workers at Camp Humphreys are putting the finishing touches on a newly built twin six-story barracks complex set for occupancy next month. ?They?re moving furniture in now? Nick Konovodoff project engineer with the U. Army Corps of Engineers? Far East District office at Camp Humphreys said Thursday. ?The tentative date for troop move-in is ? mid-March. ?Each building can house 204 troops in its 102 rooms… 5 million complex has gone up in the installation?s Zoeckler Station area and also features a dining facility that is set for completion by June 23 he said. Each building has two elevators an exercise room laundry room and mudroom common kitchen area lounge and storage areas for each occupant. Barracks rooms have a bathroom and shower to be shared by two occupants and wiring for phone Internet and cable TV service. The one-story ground floor dining hall will accommodate 800 diners. It will include a carryout food area and islands for hot and cold foods a salad bar and other amenities now common in Army dining halls. Construction of the complex comes as the U.