Former Middlebury company workers to get federal Trade Adjustment assistance

first_imgLaid off workers at the former Monahan Filaments (formerly Specialty Filaments) plant in Middlebury will be eligible to apply for Trade Adjustment Assistance through the US Department of Labor. This could lead up to an additional $12,000 in benefits. The DOL announced yesterday that approximately 5,500 workers from companies in 12 states California, Florida, Georgia, Indiana, Iowa, Kentucky, Michigan, North Carolina, Ohio, Pennsylvania, Texas and Vermont are eligible to apply for assistance related to jobs lost to foreign trade. Monahan laid off 69 workers when it closed the bristle and broom manufacturing facility last November. It previously laid off 54 workers in April 2009.Monahan bought the Specialty Filaments plant out of bankruptcy in 2007 for $3.125 million. The Vermont Economic Progress Council awarded the Illinois company $758,806 in financial incentives to re-open the Case Street plant. Ultimately, plant officials said competition, market conditions and the cost of doing business in Middlebury caused them to close the facility. Monahan released the following statement when it announced it was closing the plant last September: Due primarily to continuing weakness in some of the filament markets it serves, Monahan Filaments is obligated to announce the closing of its plant in Middlebury, VT, effective November 15. While we will continue to serve substantially all of our active customers through our Arcola (Illinois) facility, Brush Fibers, and other strategic partners, the decision has been made to cease operations in Middlebury. As Monahan Filaments competes in the global marketplace, this very difficult strategic decision was made after careful consideration of our ability to offer our loyal customers quality product, on-time deliveries, at competitive prices, while still generating a reasonable level of profitability.In announcing that Monahan workers were eligible to apply for Trade Adjustment Assistance, the DOL stated:”Helping workers who are impacted by trade, and ensuring they are better positioned to secure permanent jobs that will bring them family-supporting wages, is an important part of keeping the nation’s economic recovery on track,” said Secretary of Labor Hilda L. Solis. “Trade Adjustment Assistance will help these workers access the employment and training services they need to prepare for good jobs in promising industries.”Workers covered by these latest TAA certifications will be contacted by their respective states with instructions on how to apply for individual benefits and services. Those who apply may receive case management and re-employment services, training in new occupational skills and trade readjustment allowances that provide income support for workers enrolled in training. Some workers may also receive job search and relocation allowances, and the Health Coverage Tax Credit.”Trade Adjustment Assistance is a key part of the Obama Administration’s coordinated response to helping workers and families in communities affected by auto industry restructuring and other mass industrial layoffs,” said Dr Ed. Montgomery, executive director of the White House Council on Automotive Communities and Workers. “TAA certification can provide these families with much needed income support, access to health care, job training and other assistance as they transition to new jobs in other sectors of the economy.”While TAA is open to eligible workers of all ages, workers 50 years of age and older may elect to receive Re-employment Trade Adjustment Assistance instead. If a worker obtains new employment at wages less than $55,000 and less than those earned in adversely affected employment, the RTAA program will pay 50 percent of the difference between the old wage and the new wage, up to $12,000 over a two-year period. RTAA participants may also be eligible for retraining and the HCTC.For more information on TAA and the range of Department of Labor employment and training services, visit http://www.doleta.gov(link is external).TAA CertificationsCompanyCityStateEvergreen Pulp Inc.SamoaCalif.LifeSparc Inc.HollisterCalif.Applied Materials Inc.Santa ClaraCalif.Boston ScientificMiamiFla.Brose Gainesville Inc.GainesvilleGa.Fort Wayne Foundry Corp.Fort WayneInd.Carlisle Industrial Brake and FrictionLogansportInd.Barnstead Thermolyne Corp.DubuqueIowaQMS Inc.GlasgowKy.Magna MirrorsAltoMich.AEES Inc.Farmington HillsMich.Robert Bosch LLCSt. JosephMich.Contech Castings LLCDowagiacMich.Getrag Corp.NewtonN.C.Nuway Speaker Products Inc.ClintonN.C.Ericsson Inc.Research Triangle ParkN.C.Claude SintzDeshlerOhioSprings Window Fashions LLCMontgomeryPa.Alcoa Mill Products TexarkanaNashTexasMonahan SFI LLCMiddleburyVt. Source: US DOL. 3.4.2010last_img read more

Why decisive leadership is needed during uncertain times

first_img continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Strong businesses have strong leaders at the helm. Now, this doesn’t mean ruling your organization with an iron fist. Great leaders build trust and loyalty with their team so that employees can work independently while still knowing they can seek guidance when problems arise.In times of uncertainty, employees will look to you to help them make the right decisions. Amid the coronavirus pandemic, you might be feeling a little paralyzed and scared to move forward – we don’t know how long this will go on or how it will alter our operating environment once we return to “normal.”Leadership gurus Karin Hurt and David Dye stress the need to remain decisive in your decision making, even when you don’t know what’s coming next. Here are their tips for doing so:Ground yourself in your values. Your organization’s values should always be your North Star. Don’t let fear of making an unpopular decision hold you back if you’re certain it’s what’s in the best interest of your members/customers and employees.last_img read more

Petty’s music will live on for generations

first_imgTom Petty meant so much to so many people, young and old, that it’s difficult to put into words. Genuine, honest, gifted and funny are just a few words that immediately come to mind.He genuinely loved all types of music, honestly loved his fans, was a gifted song writer and musician, and somehow maintained a great sense of humor throughout his long career.My favorite quote, to CNN is: “Music, as far as I have seen in the world so far, is the only real magic that I know. There is something really honest and clean and pure and it touches you in your heart.” Tom’s music touched our hearts for over 40 years and will continue to touch the hearts of generations to come.Virginia NewtonBurnt HillsMore from The Daily Gazette:EDITORIAL: Thruway tax unfair to working motoristsFoss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Beware of voter intimidationEDITORIAL: Find a way to get family members into nursing homesEDITORIAL: Urgent: Today is the last day to complete the census Categories: Letters to the Editor, Opinionlast_img read more

Transport comment: Metrolink to revolutionise travel

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Jokowi’s capital relocation dream faces COVID-19 hurdle

first_imgThe government had initially planned early this year to fast-track construction of the new capital, with a “soft groundbreaking” event planned for July before the next phase of development begins in 2021. It also planned to finalize the city’s master plan and pass a new law to consolidate the process following deliberations with House of Representatives lawmakers.The public works ministry’s Cipta Karya (human settlements development) director general, Danis Sumadilaga, refused to comment when asked whether the government was still on target to carry out the groundbreaking amid the COVID-19 outbreak, referring queries to the minister.The National Planning Agency’s (Bappenas) regional development deputy Rudy Soeprihadi Prawiradinata said separately that some activities relating to the new capital’s preparatory work, including field surveys, would have to be postponed due to the government’s focus on combating the virus outbreak.Rudy has, however, offered an assurance that the agency would continue its work to prepare the necessary regulatory framework for the capital relocation project, in which Bappenas has been involved since the early stages of planning after Jokowi commissioned a feasibility study in 2017.“We are working to ensure preparatory work goes ahead. We will do what can be done with all the challenges because we are also focusing on tackling the COVID-19 [crisis], which is our main problem [right now],” said Rudy.A draft bill on construction of the new capital has already been submitted to the State Secretariat. A presidential regulation (Perpres) to set up an authority to oversee the relocation requires Jokowi’s signature to be passed, Rudy said.Jokowi announced in early March four candidates to head the new capital authority: PT Pertamina president commissioner and former Jakarta governor Basuki Tjahaja Purnama, Research and Technology Minister Bambang Brodjonegoro, PT Wijaya Karya president director Tumiyana and the regent of Banyuwangi, East Java, Azwar Anas.The new capital will be situated in a 256,000-hectare area in the regencies of North Penajam Paser and Kutai Kartanegara in East Kalimantan, with officials arguing the plan will help promote equitable economic development throughout the archipelago.As it will sit on island of Borneo, the new capital also will be linked by land to Malaysia and Brunei, offering greater connectivity with neighboring countries.The project is expected to cost an estimated Rp 466 trillion (US$29.73 billion), with the government set to finance 19.2 percent (Rp 89.4 trillion), while the private sector will provide an additional Rp 253.4 trillion, equal to 54.4 percent of the total cost. The remaining Rp 123.2 trillion is expected to be financed by state-owned enterprises (SOEs).The government is also looking to other countries for funding, most notably from the United Arab Emirates, Japan-based diversified conglomerate Softbank Group and the United States International Development Finance Corporation (IDFC). Jokowi appointed former British prime minister Tony Blair, Softbank CEO Masayoshi Son and UAE Crown Prince Sheikh Mohammad bin Zayed Al Nahyan to the project’s steering committee.The government has maintained communication with potential investors amid the COVID-19 pandemic, and is not aware of any investors expressing a desire to pull out of the project, said Septian Hario Seto, the Office of the Coordinating Maritime Affairs and Investment Minister’s acting deputy head for investment coordination and mining.“Discussions are still ongoing, although we are aware there is a possibility the project will be postponed,” Septian said.Luhut said the UAE still viewed the project as an “investment opportunity”.Topics : Deflecting previous criticism painting him as a money-hungry power broker, Luhut said the President Jokowi did not even have any opportunity to evaluate the project. “We haven’t done anything on that front because the President is focused on the COVID-19 problem,” Luhut told reporters in a virtual interview from Jakarta on Tuesday.Last week, Public Works and Housing Minister Basuki Hadimuljono said that his office was not allocating part of its 2020 budget for preliminary construction work on the site of the new capital, adding that Jokowi would have the final say over the matter.“The authority to cancel, delay or continue construction of the new capital rests in the hands of the President,” Basuki said in a video conference last week, as quoted by kompas.com.As of Tuesday, Indonesia had recorded 4,839 confirmed COVID-19 cases across the country, with 2,335 recorded in Jakarta. The disease has claimed 241 lives in the capital city alone, with 163 people having recovered, according to official Health Ministry data. It is looking more and more likely the COVID-19 outbreak will derail President Joko “Jokowi” Widodo’s ambitions to move the capital from densely-populated Jakarta, with most of the preparatory work delayed as the government’s shifts its focus to tackling the pandemic.The disease has severely affected economies around the world and forced most into austerity mode to avoid a recession. Public spending has been shaved and high-cost infrastructure projects have been shelved as a result, with more likely to come.Coordinating Maritime Affairs and Investments Minister Luhut Pandjaitan said on Tuesday that the government was currently not in the position to say whether or not it would go ahead with the capital relocation project, as it was busy handling the coronavirus outbreak in the country.last_img read more

​NBIM backs shorter LSE trading hours, cites better pricing

first_imgLSE made four specific proposals for reducing its current trading hours of 8am to 4pm London time, each one cutting the daily period by either one or 1.5 hours, and also included the option of maintaining today’s timetable.It said the European banks and brokers’ Association for Financial Markets in Europe (AFME), and the Investment Association (IA), had recently proposed European exchanges reviewed trading hours with the aim of benefiting market structure as well as improving wellbeing, culture and diversity across their member firms.In the letter, signed by Emil Framnes, NBIM’s global head of trading, and its global head of systemic strategies, Yazid Sharaiha, the Oslo-based manager said it used a wide range of trading venues.Differences in market design across venues – from transparency regimes to trading protocols and trading hours – could have an impact on market liquidity and price discovery, said Framnes and Sharaiha.Recent trends in financial markets, such as the institutionalisation in the asset management industry and the growth of trading at the close, had changed the distribution of daily volume, they said. Overall, they added, this made it more challenging for institutional investors to access natural liquidity during continuous-time trading.“In this regard, we believe that the proposed adjustment of LSE’s market trading hours can potentially improve trading conditions,” the pair wrote.NBIM plumped for the 9am to 4pm London time as the opening hours option that could benefit markets the most.“This choice would allow for adequate time in the morning for maintaining alignment with Asian trading hours, and at the same time shift the UK trading day nearer to the opening of North American markets, where we observe a sizeable peak in trading interest,” Framnes and Sharaiha wrote.These hours would also benefit after-hours activities, they said, such as placements, that could take place earlier allowing investors to make timely decisions. The manager of Norway’s NOK10.6tn (€1tn) sovereign wealth fund said it supports London Stock Exchange’s (LSE) idea of shorter trading hours, saying both retail and institutional investors are likely to benefit from the improvements laid out.Norges Bank Investment Management (NBIM), which runs the Government Pension Fund Global, wrote in a letter to the exchange: “The basic intuition is that the shortening of trading hours and their harmonisation with best practices from North America and Asia could concentrate trading and, thus, increase the probability of a natural liquidity match.”The improvement in market liquidity could, theoretically, also lead to improvements in price discovery, it said in a response to LSE’s consultation launched on 10 December.The consultation, which ended on 31 January, is on several potential market structure changes including an adjustment to trading hours.last_img read more

Wood Mackenzie: LNG Orders Are Soaring

first_imgLNG is one of the fastest growing shipping sectors which witnesses an ever increasing number of vessel orders.So far this year, ship owners have ordered 33 new LNG ships, representing a significant increase compared to nineteen newbuilds in 2017 and six a year earlier.The decision to order new units is prompted by higher spot/short-term charter rates, still-low newbuilding prices and rapidly growing LNG trade, as explained by Andrew Buckland, principal analyst for LNG shipping and trade at Wood Mackenzie.According to Buckland, new LNG supply is being absorbed far more easily than many expected by booming demand in Asia, with China at the forefront of demand growth.A new wave of final investment decisions (FIDs) on new supply projects is expected to create even more demand for shipping. Wood Mackenzie currently forecast that 114 mmtpa of new LNG capacity will take FID between 2018 and 2021.However, owners need to be careful not to over order as there are many vessels from the current orderbook that will soon join the LNG fleet.The sector reaps the fruits from new LNG supply projects coming on stream in a relatively short period. Wood Mackenzie estimates that LNG production will increase by over 150 mmtpa between 2015 and 2020. In comparison, supply increased by 20 mmtpa in the five-year period prior to 2016.What is more, newbuilding prices for LNG ships have never been lower, tempting owners to order new ships whilst the prices remain low, according to the consultancy group.Wood Mackenzie further said that vessel design and technology advances have seen the typical new LNG ship become larger and more efficient, making ships ordered even three or four years ago outdated.In addition, the introduction of gas-injection slow-speed engines has offered better fuel savings.So far in 2018, 36 new vessels have joined the LNG fleet and three have been sent to demolition yards. 22 ships are slated for delivery before the end of the year. With this addition, capacity is expected to grow by 13 percent this year.“LNG trade is growing strongly but our forecast of an 8.2% expansion in 2018 lags behind fleet capacity growth. More long-haul imports from the USA to Asia should see tonne-mile demand grow at a faster rate, leaving a delicate balance between supply and demand for LNG ships. But forecast trade growth of 13.7% in 2019 should tip the balance in favour of ship owners,” according to Wood Mackenzie.Wood Mackenzie further said that peak demand periods in Asia see more US exports attracted to long-haul destinations, taking ships out of the Atlantic basin. This drives up charter rates globally and even higher in the Atlantic basin. In June, charter rates in the Atlantic basin peaked at around USD 90,000/day, whilst rates in the Pacific Basin at the same time were closer to USD 70,000/day.In conclusion, the consultancy said that the market clearly wants more of the newbuilds and that orders have been too little too late.However, when looking at the wider picture, there is a lot of new capacity still to be delivered. Additionally, there are under-used and laid-up older units that could be more fully employed, the consultancy added.“The next pre-FID wave of LNG supply won’t come on stream until mid next decade. If ordering activity continues at recent levels there is a high danger that it will be too much too soon,” Wood Mackenzie noted.last_img read more

UN expands Kenya’s Kakuma Refugee Camp

first_imgThe United nations refugee agency, UNHCR, has once again expanded Kenya’s Kakuma refugee camp. For the third year in a row, Kakuma has been receiving record numbers of refugees from South Sudan fleeing violence in the country that threatens to spill into all out civil war. By late August 2014, there were more than 42,000 new arrivals. Failing a lasting ceasefire and peace and reconciliation in South Sudan, the steady influx into Kenya has continued into 2015. CCTV’s Maria Galang reportslast_img

Cardinal Brady will not resign over ‘abuse failure’

first_imgThis World’s Darragh MacIntyre confronts Cardinal Sean Brady over allegations that he failed to protect children from sexual abuse by a paedophile priest.The Catholic primate of all-Ireland has said that he will not resign as Church leader despite revelations in the BBC’s This World show.It found Cardinal Sean Brady had names and addresses of those being abused by paedophile priest Brendan Smyth.However, he did not pass on those details to police or parents.Cardinal Brady said he accepted he was part of “an unhelpful culture of deference and silence in society, and the Church”.“With others, I feel betrayed that those who had the authority in the Church to stop Brendan Smyth failed to act on the evidence I gave them,” he said in a statement on Wednesday. “However, I also accept that I was part of an unhelpful culture of deference and silence in society, and the Church, which thankfully is now a thing of the past.”The cardinal said he was “shocked, appalled and outraged” by Smyth and said he had trusted that those with the authority to act in relation to Smyth would treat the evidence seriously and respond appropriately.He accused the BBC of exaggerating his authority in the programme. “The commentary in the programme and much of the coverage of my role in this inquiry gives the impression that I was the only person who knew of the allegations against Brendan Smyth at that time and that because of the office I hold in the Church today I somehow had the power to stop Brendan Smyth in 1975. “I had absolutely no authority over Brendan Smyth. Even my Bishop had limited authority over him. The only people who had authority within the Church to stop Brendan Smyth from having contact with children were his Abbot in the Monastery in Kilnacrott and his Religious Superiors in the Norbertine Order.” He added that he had worked with others in the Church to put these new procedures in place and looked forward to continuing that vital work in the years ahead.Senior Vatican Prosecutor Monsignor Charles Scicluna has defended Cardinal Brady.“My first point is that Fr Brady was a note taker in 1975, he did what he should have done. He forwarded all the information to the people that had the power to act,” he said.“My second point is that in the interest of the Church in Ireland, they need to have Cardinal Brady as the archbishop of Armagh because he has shown determination in promoting child protection policies. You need to have leaders who have learned the hard way and are determined to protect children.”The BBC investigation centres on a secret church inquiry in 1975 when a 14-year-old boy was questioned about abuse.Smyth abused him and others in guesthouses on trips across Ireland.In 1975, Cardinal Brady was a priest and teacher in County Cavan in the Republic of Ireland, when he was sent by his bishop to investigate a claim of child sexual abuse by a fellow priest.That priest was later exposed as Ireland’s most prolific paedophile, Father Brendan Smyth, who died in prison in 1997, one month into a 12 year prison sentence.The first child to tell his parents about the abuse was 14-year-old Brendan Boland. The man tasked with the secret church investigation that followed would later become the most senior priest in Ireland. Sean Brady’s role in the affair became clear in 2010, when it became known that he had been present when the abused boy was questioned. He claimed, however, that the boy’s father had accompanied him, and described his own role as that of a note-taker.However, the BBC This World investigation has uncovered the notes Cardinal Brady took while the boy was questioned. The child’s father was not allowed in the room, and the child was immediately sworn to secrecy. What Cardinal Brady failed to tell anyone in 2010 was that Brendan Boland had also given him and his colleagues the precise details of a group of children, some of whom, were being abused by Smyth. Cardinal Brady did interview one of them and swore him to secrecy. This World spoke to all of the children who Brendan Boland had identified; they all told the programme that to the best of their knowledge none of their parents or families were warned in any way about the paedophile Brendan Smyth. Four of them had been abused by Smyth. Two of them continued to be abused after the 1975 inquiry. One of them – originally from Belfast – told the programme that Smyth continued to abuse him for another year.He also said Smyth abused his sister for a further seven years and then in turn, his four younger cousins, up to 1988.Cardinal Brady did consider his position as Primate of all-Ireland when his role in the secret inquiry was first exposed. The Catholic Church has said that “the sole purpose of the oath” signed by Brendan Boland in Cardinal Brady’s presence was “to give greater force and integrity to the evidence given by Mr Boland against any counter claim by Fr Brendan Smyth”.The church also points out that in 1975, “no state or church guidelines for responding to allegations of child abuse existed in Ireland”.Irish Justice Minister Alan Shatter said the programme’s revelations were “tragic and disturbing”. Abuse victims’ campaigner Marie Collins, who was raped at the age of 13 by a hospital chaplain in Dublin, said Cardinal Brady should resign. “I’m amazed no bishops have come out and said he should go,” she said. “We have priests and theologians being silenced by the Vatican – they can act against people whose views they feel are liberal, but they will not act against someone who not only endangered children but let them be abused. Abuse victim Brendan Boland“If Cardinal Brady came out and espoused the view that women should be ordained, he’d be gone within hours.”Gary O’Sullivan, editor of the Irish Catholic newspaper, said Cardinal Brady had questions to answer. “If a child can see the need to save other children, how come priests, ministers of Christianity, cannot have the same awareness?” he said. “If he wants to stay in this leadership position, he should show leadership and come out and answer these questions because this culture of silence failed children.”BBC News Share FaithInternationalLifestylePrint Cardinal Brady will not resign over ‘abuse failure’ by: – May 2, 2012 Sharing is caring! 26 Views   no discussionscenter_img Share Share Tweetlast_img read more

Super Falcons goalkeeper joins Nwabuoku at Pozoalbense

first_imgSpanish Reto Iberdrola club Pozoalbense has confirmed the signing of Tochukwu Oluehi from Nigerian side Rivers Angels for the 2020-21 season. This will bring to an end to the Nigeria international’s six-year journey with the Nigeria Women’s Premier League champions as she looks to return to Europe with the Reto Iberdrola club. Oluehi had enjoyed stints at Belarusian side Bobruichanka Bobruisk, where she debuted in the Uefa Champions League in 2013, before turning out for Norwegian Toppserien club Medkila in 2016. The 33-year-old played for Nigerian clubs Bayelsa Queens, before Sunshine Queens, and later Rivers Angels, who she helped to four domestic titles since 2014 amidst a move to Norway. On the global level, she played thrice at the Women’s World Cup, the 2008 Beijing Olympic Games, the 2007 African Games and four Africa Women’s Cup of Nations, which she won three times. Her biggest career highlights were her three saves from the spot to help the Super Falcons claim the 2018 Awcon in Ghana and the same feat with Rivers Angels to win the 2018 Federation Cup. Having agreed to terms with Pozoalbense, she becomes the ninth signing for Manuel Fernandez’s side as they continue bolstering the ranks in their quest for a Spanish top-flight slot next season. Confirming her signing, the club announced with huge excitement, saying: “It is a complete guarantee of safety under the sticks, thanks to its placement, know-how and experience. “She has enormous cold blood at decisive moments. He transmits a lot of confidence to the defence as he is a very safe goalkeeper in almost all his interventions. Loading… Promoted ContentWhy Go Veg? 7 Reasons To Do ThisBest & Worst Celebrity Endorsed Games Ever MadeThese Hilariously Creative Shower Curtains Will Make Your DayBirds Enjoy Living In A Gallery Space Created For Them7 Universities In The World With The Highest Market Value5 Of The World’s Most Unique Theme Parks7 Black Hole Facts That Will Change Your View Of The Universe7 Ways To Understand Your Girlfriend Better6 Of The Best 90s Shows That Need To Come Back ASAP8 Addictive And Fun Coffee Facts5 Of The World’s Most Unique Theme ParksPlaying Games For Hours Can Do This To Your Bodycenter_img “She has a lot of personalities and does not hesitate at the exits. She holds up well against one-on-one moves and has leadership skills. “She hardly ever gets complicated. Her winning mentality will make her one of the best goalkeepers in the category. “She is always attentive to the movements of the opponents because she has a great intuition to read the plays.” Adding his views, head coach Fernandez, whose side finished seventh last season, also spoke on how valuable the Super Falcons goalkeeper will be to his team. “This is a goalkeeper who brings experience and security to the team,” he stated. “It is essential to have that position with a player as a veteran and of such quality as Tochukwu Oluehi.” read also:Super Falcons wins Best Jersey Of 2019 FIFA Women’s World Cup Aside from Oluehi, Pozoalbense earlier signed Naomi Vagre, Nora de Torres, Bruna Tavares, Sana Guermazi, Laura Vazquez, Ayaka Noguchi and compatriot Evelyn Nwabuoku. Her move swells the list of Nigerians to ply their trades in Spain next season to seven after Asisat Oshoala, Peace Efih, Toni Payne, Chidinma Okeke, Adule Charity, Rita Chikwelu and Nwabuoku. FacebookTwitterWhatsAppEmail分享 last_img read more