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- Segway's Breakdown - Wired News
- Navistar, Modec Form Electric Truck Joint Venture - EV World
- Alabama Telco Credit Union is Newest Lender on AppOne Platform - PR Inside
- Nov. 30: Transactions, foreclosures, etc. - Herald Tribune
- Navistar and Modec Sign Joint Venture to Produce and Market All ... - PR Inside
| Segway's Breakdown - Wired News Posted: 02 Dec 2009 05:00 PM PST
Segway's Breakdown Inventor Dean Kamen promised that his superscooter would change the world. Then reality hit - hard. By Gary Rivlin It would be premature to call the most talked about scooter in the history of humankind a huge bust. But the Segway has always been ahead of its time. For a decade, Dean Kamen fiddled and tested and tinkered with his invention, finally stage-managing its public unveiling in December 2001. He figured 2002 would be the year that the Segway Human Transporter launched a transportation revolution. Executives at companies like FedEx and Amazon.com would behold his high tech superscooter and wonder how they'd managed all these years without it. The US Postal Service and police departments across the nation would overwhelm the company with orders. And behind Segway's institutional customers, Kamen envisioned a long line of consumers from around the globe, checkbooks in hand. Maybe not all 6 billion of us would clamor at once to own one, but to him that seemed only a matter of time. After all, he was hawking the Segway as not merely a faster way to get from here to there but also a solution to urban congestion, air pollution, and dependency on fossil fuel. To prepare for the onslaught, Kamen leased a 77,000-square-foot factory near his home in Manchester, New Hampshire,and began puzzling through the logistics of running round-the-clock shifts. He hired scores of lobbyists, who spent much of last year trying to persuade state legislatures to rewrite their laws to permit his scooter to operate on city sidewalks. Before he'd sold a single one, Kamen blithely forecast that by the end of 2002, his enterprise would be stamping out 10,000 machines a week. Meanwhile, his best-known backer, venture capitalist John Doerr, predicted Segway would rack up $1 billion in sales faster than any company in history. Segway's breakout year wasn't even a few months old before bad news started to hit. Kamen was pushing the scooter to corporate customers amid a period of belt-tightening that has yet to let up. Supposedly obvious buyers like Federal Express said no thanks, and others offered nothing but mushy maybes. A smattering of government agencies and corporate clients are testing the vehicle, but none have agreed to any bulk purchases. Kamen's largest customer last year was Walt Disney, which ordered four dozen machines for its theme parks and cruise ships. Meanwhile, the company decided to delay offering its berscooter to consumers until safety and training issues could be ironed out. Segway officials acknowledge their factory sat largely idle last year but refuse to disclose specific sales or production figures. "My sense is they're producing 10 per week," University of Pennsylvania professor Karl Ulrich estimated near the end of 2002. Ulrich is nominally a Segway competitor - he's cofounder of a company that manufactures electric motorbikes - but he shares suppliers with Kamen and respects his work. Segway is still pushing its scooter to the corporate market, but the great hope now is everyday consumers. Inside headquarters, a redbrick former mill along the Merrimack River in downtown Manchester, employees remain stoically upbeat. In November, the company announced that consumers could purchase a Segway on Amazon for $4,950. But at that price, the scooter seems doomed to life as a yuppie plaything. Price isn't the only hurdle slowing Segway's consumer launch. Consider this: The vehicle weighs more than 80 pounds and can travel maybe 11 miles on a charge, depending on terrain. Paul Saffo, a director at the Institute for the Future in Menlo Park, California, describes a ride on a Segway as a "gas" but adds that the machine "costs three times what a consumer device should cost, and it's about 40 pounds too heavy." He believes the real Achilles heel is limited battery life. "If they don't come up with a Stirling engine or a killer fuel cell, this thing will go the way of the 128K Mac," says Saffo, whose office is something of a shrine to interesting but failed technologies. (Kamen has been trying for more than a decade to develop an external-combustion engine.) Then there are the pesky issues that sneak up on you when you're trying to change the world. Like training. The company promised it would require buyers to go through a minimum of four hours of hands-on coaching before they would be turned loose on the vehicles. But how do you teach the subtleties of operating a vehicle sold only over the Web? "That's something we have to figure out how to do, that's for sure," Kamen said two weeks before Christmas. Maybe they'd open kiosks in strategically placed regional hubs around the US, or maybe they'd launch a fleet of RV-like training mobiles to crisscross the country. Each solution sounded more expensive and convoluted than the one before. There are times Kamen must wonder what he was thinking back when he decided to start his own transportation company. Sitting in his fourth-floor office overlooking the Merrimack, he alternates between bursts of enthusiasm and frowns of resignation. He's a boyish-looking 51-year-old, a slight man with a pouf of black hair and intense, coal-dark eyes who has never lost the flinty Long Island accent of his youth. Dressed, as he invariably is, in a denim shirt, jeans, and scuffed work boots, he exudes a fidgety, kinetic energy. He's spent a lifetime doing things that people told him were impossible, yet at the same time, he seems incapable of sugarcoating the truth. Kamen declares himself "somewhat pleased and surprised" that so many state legislators agreed to change their laws to accommodate his scooter; he also allows that he seriously underestimated the size of his task. "I wouldn't have predicted the mountain would be so big," Kamen says, "and that there would be so many hills to cross to get to the top." In the beginning, there was only a rumor. The first, vague details of Kamen's supersecret project - codenamed "Ginger," aka "IT" -were leaked to the press in January 2001. Because Kamen wasn't ready to talk about his invention, people guessed: It's a Stirling engine. It's a space-age hovercraft. It's a perpetual-motion machine. To this day, Kamen believes his creation suffers from inflated expectations born in the vacuum created by his silence. But surely he stoked the hype. In those first days after going public with his new device, he was like all inventors - a dreamer who could not help himself. If widely adopted, the Segway would lead to urban redesign and renewal, Kamen said. His boldest claim came when he predicted in Time that the Segway "will be to the car what the car was to the horse and buggy." The drumbeat of anticipation ensured that his invention would be treated to the kind of mediagasm almost never accorded new, unproven products. He unveiled the Segway on ABC's Good Morning America in December 2001, and not long after, TV viewers watched Russell Crowe, Sting, and Jay Leno tool around the Tonight Show set on what Kamen calls his "magic sneakers." Niles rode one on Frasier, and a New Yorker cover depicted Osama bin Laden escaping on one - though, in reality, a fully charged Segway at best might be good for just a mile or two on the steep mountain trails of Tora Bora. Before the Segway, Kamen was merely an extraordinarily talented inventor, tinkering in relative anonymity. He was in his early twenties when he achieved his first breakthrough, a portable drug-infusion pump that freed patients from full-time hospitalization. In his thirties, he perfected a briefcase-sized portable dialysis machine that liberated users from regular trips to dialysis centers. He also came up with the heart stent that keeps our current vice president's ticker going. What put Kamen in the spotlight was the Ibot, a wheelchair he debuted in 1999. This remarkably robust, six-wheeled robo-vehicle allows users to climb stairs, rumble over gravel, and raise themselves to standing height. With each invention, Kamen could have held on to the rights and manufactured and sold the device on his own. Instead he chose to partner with health-care behemoths like Baxter International, which produced his dialysis device. "You can have a great new machine, but unless you have the resources, the distribution, and the reach, you risk it becoming nothing but a science fair project," Kamen says. He sensibly decided to maximize his time at his workbench and leave the mundane operational details to his corporate partners. Over time, Kamen realized that the Ibot's core technology could also power a superscooter that would enable bipeds to glide along at three or four times the speed of a brisk walker. Key to Segway's operation are five gyroscopes, linked by a set of computers, that monitor a rider's center of gravity more than 100 times a second. For the first time in his career, Kamen decided to go it alone. "I started thinking," he says, "there are 6 billion pairs of feet walking around this planet, and there are about 2 million people in the United States in wheelchairs - 6 billion versus 2 million, 6 billion versus 2 million." He never finishes the thought, but the conclusion seems obvious. Even Kamen confidantes questioned his decision to get into the manufacturing business, but as the inventor saw it, he had no choice: "Where could I have turned to produce the first Segway Human Transporters? An automotive giant? A car company would have every reason to bury this. An electronics company? This isn't the Sony Walkman, it isn't electronics. It's a new idea. That's what's so exciting, but that's also why I couldn't license the technology." Maybe so, but Kamen also acknowledges that an emotional attachment to his invention played a major role in his decision: "If I had partnered up with somebody, we wouldn't have the thrill, frankly, of helping to add this new dimension of transportation to the world." He admits he never even tested the waters among potential partners. But Penn's Ulrich, who holds a joint appointment in the engineering department and the Wharton School, believes that lots of companies would have been willing to go into business with a well-respected inventor like Kamen. He cites Rockwell and Lockheed Martin as concerns that might have been interested and notes that Sony, in fact, is in the electric bike business. Going it alone meant raising money - a lot of it. Kamen and his engineers worked for more than 10 years on the Segway before shopping for investors. Kamen's golden-boy reputation gave him access to a top-drawer set of VCs, including John Doerr, of Kleiner Perkins Caufield & Byers. Doerr's firm, it was widely reported, invested $38 million in Kamen's startup, the largest single investment in Kleiner Perkins' history. All told, Kamen raised around $90 million in the spring of 2000 in exchange for a reported 15 percent stake in his company, which would give Segway LLC a preposterous paper worth of roughly $650 million. According to Vanity Fair, Kamen held on to a 75 percent stake. (Kamen and Kleiner Perkins decline to comment on financing details.) Segway, of course, is hardly the only firm saddled by a valuation grossly out of whack with the realities of doing business in 2003. But any company that finds itself in that position, especially one that, like Segway, is involved in a capital-intensive enterprise, faces longer odds of success if and when it seeks a further round of funding. Ted Dintersmith, a VC with the Boston-based Charles River Ventures, describes himself as "a big fan of Segway," but he's not optimistic about its prospects for finding more cash. "Raising money at too high a valuation in the first round is a significant impediment to things that happen down the road," Dintersmith says. "It's not insurmountable, but raising money for a company that doesn't have near the revenue to justify a valuation north of $500 million - that sounds very hard to me." A so-called down round, where ownership stakes are based on a much lower valuation, would almost certainly require Kamen to hold less than a 50 percent stake. Since the decision to go it alone, Kamen's life has been jammed with harsh reminders of why things are simpler when you license your stuff to others who have experience manufacturing, selling, and distributing products. Kamen, who has held the title of chair since launching Segway, has seen two presidents resign within the past 24 months. The first was a former Chrysler executive who by most accounts proved a bad fit with a small startup. The second, George Muller, was a former Subaru exec who quit in January when Kamen brought in a CEO, Vernon Loucks Jr. (Loucks, a Segway investor, is on the startup's board of directors and is the retired CEO of Baxter International.) In the frantic months leading up to Segway's unveiling at the end of 2001, the marketing manager left. Even people inside Segway shake their heads over Kamen's failure to hire anyone to handle sales, especially after the scooter's debut produced a deluge of interest. It fell upon the company's already overworked governmental affairs chief, Brian Toohey, to serve as a de facto sales department. "Having less experience at building companies than we had at inventing lifesaving products," Kamen says, "we certainly made mistakes." A month after the Segway debuted on Good Morning America, the company held an outdoor press conference in Tampa, Florida, to announce that the US Postal Service was going to have carriers in Tampa and in Concord, New Hampshire, test the invention. The event was cut short by a driving rain, and the local postmaster, dressed in a suit and tie, slipped while dismounting his Segway, "narrowly avoiding a nasty spill," the St. Petersburg Times reported. In those heady months after the Segway's release, the firm claimed that tens of thousands of people had asked about buying one. Kamen, though, sensibly deferred retail sales until the company established the vehicle as a serious product, and also a safe one. "I guess people could see me as a little old lady," Kamen now says. But he didn't care: By sticking to corporate and municipal clients, he hoped the vehicle would avoid being cast as a dangerous toy with the reputation of the Razor scooter for mayhem. A small group of Tampa mail carriers flew to Manchester for a full-day training session, and Segway outfitted their trucks with special lifts to assist in loading and unloading the scooter. The postal workers genuinely seemed to appreciate the transporter, and no wonder. Carrying a satchel that weighs roughly 35 pounds leaves them bushed by day's end,if not suffering back or leg pain. Yet the trial was hardly an unqualified success. Consider the experience of Chris Pesa, who has been immortalized inside Segway headquarters as the first carrier to deliver a piece of mail via Segway. Pesa enjoyed trying out the device, but it didn't save him any time: He couldn't sort the mail between homes as he could when walking his route. And if it rained, it was impossible to carry an umbrella, because you needed both hands to steer. Still, the Postal Service was satisfied enough to purchase 40 machines and initiate a second round of experiments last spring. This time a half dozen or so carriers tested the vehicle in a variety of climates and terrains. Several workers praised the scooter for relieving their aching feet, but another reported that the battery lasted anywhere from 45 minutes to two hours - forcing carriers to circle back to their trucks several times a day to swap batteries. No big deal, says Segway engineer John Morrell. "You pull out eight bolts, put in two new batteries, tighten up the eight bolts, and continue on your route." It takes only a few minutes, he adds, if you've got an electric screwdriver. "People manage this stuff all the time. People have laptops. You learn to charge opportunistically." Though the postal trials ended in September, the agency has yet to commit to buying more machines. "We find it interesting, but we haven't determined if we're going to move forward with a national application," says spokesperson Mark Saunders. If they do, though, they've made it clear they're considering the vehicle for only the roughly 13,000 carriers - out of a force of 300,000 - who walk a route with a mail pouch slung over their shoulder. Other bulk sales, always a big part of Kamen's plan, are not panning out for Segway. Early on, the company identified police departments as a logical customer, and the US Capitol Police were among those who tried the vehicle by leasing a few last fall. Chief Terrance Gainer had only good things to say about the Segway but is hardly going to be a big-ticket client. "I've ridden it enough and seen enough where I feel comfortable saying I wouldn't mind having a couple," he says. Segway's hometown force tried out four. The Manchester officers found the machines useful for downtown parking control, says department spokesperson Shawn Fournier, but that was about it. He adds that the mountain bikes his department employs to patrol certain beats "are cheaper, and they don't have batteries that run out of juice." Segway's best municipal support so far has come from Atlanta, where officials seem eager to embrace the scooter as a transportation solution for the 21st century. They've put a small group of police and city employees on them, and the city's planning director hopes the vehicle will eventually triple the distance people are willing to live from public transportation. Perhaps this is the beginning of an enduring love affair between the South's largest city and the Segway, but if so, it's not one they're ready to talk about. Repeated messages left for Atlanta officials went unreturned, though DC's Chief Gainer offers that, considering conversations he's had with officers in Atlanta, "I don't think they're ready to abandon either their cars or bicycles." All told, 50 clients were experimenting with the Segway one year after its release, according to company officials, who allow they are disappointed by the number. "Companies are not taking chances on new technology in this economic environment," says Brian Toohey, one of Kamen's most trusted lieutenants. Even if Segway somehow manages to persuade every city to put its parking patrol on wheels, Kamen says that still won't be enough - anything short of billions in sales and he'd deem the venture a disappointment. Some of that is the reality imposed by backers who look for, as venture capitalists do, a return of at least 10 times their investment. But mainly it's a byproduct of Kamen's dreams for his scooter. The main event, then, lies ahead. The question is whether the exhilaration of riding a Segway will be enough to compel a substantial portion of the buying public to plunk down five grand for a scooter that may or may not ever find a home in the world's cities. Shortly before Christmas, Amazon.com announced that the Segway was one of its better-selling items during the holiday season. A spokesperson for the online retailer refused to provide numbers or even to say whether its claim was based on revenue or on units sold. It's an article of faith inside company headquarters that a Segway skeptic is someone who's never had the thrill of riding one. That would include several alternative-transportation advocates. One might suppose that Kamen is something of a hero to such activists, but they dismiss his scooter as little more than a distraction. "There's no doubt that Dean Kamen is a brilliant inventor," says Sheila Lynch, executive director of the Boston-based Northeast Advanced Vehicle Consortium. "But the Segway is an overhyped product that at best will fill a small niche market." Her views are downright kind compared with those of Noah Budnick, projects director of Transportation Alternatives in New York. He dismisses the Segway as a danger to pedestrians that has no place on his city's sidewalks. I repeat these comments to Segway engineer John Morrell, who asks whether either critic has been atop a Segway. He nods knowingly when I tell him no. "Once people have been on it and used it for an hour, they get it," he says. Naturally, my first morning at Segway begins with a test-drive. As advertised, it seems as if the machine has tapped into my nervous system to pick up my brain waves. It took just a few minutes to get proficient enough to do figure eights. My teacher, Morgan Smith, scoffs when I offer that some people think the device is too heavy to be practical. While the machine's Power Assist mode helps a user muscle it up a flight of stairs, lifting is required to get it in and out of a car. "It's easy," Smith chirps. "I grab one side and get a friend to lift the other." Test-drives have been critical to the company's campaign to convince state legislators that this motorized machine belongs on urban sidewalks. "Once people got on the Segway and understood how unique the balancing technology was, and saw how you can ride around an office full of people, that really made the difference," says Brian Toohey, who spearheaded the lobbying campaign. By the end of last year, 32 states and the District of Columbia had changed their laws to accommodate the Segway, though Toohey acknowledges that "in some states there's a speed limit of 8 miles per hour," roughly twice the rate of a fast walker. Most of the remaining 18 states either don't need to change their laws or held no legislative session in 2002. Action in several key states, including New York and Massachusetts, is still pending. Toohey now spends much of his time overseas, pushing governments in Europe and Asia to permit the Segway on their sidewalks. The lobbying prowess didn't work on everyone, however. Gary Smith is a pediatrician and the director of the Center for Injury Research and Policy at Columbus Children's Hospital in Ohio. He describes the Segway as an "innovative device" but vehemently opposes its use on sidewalks. He does not buy claims that the scooter - which travels up to 12 miles per hour and weighs (with rider) hundreds of pounds - can stop on a dime. "Anything traveling at that speed and with that amount of mass requires a stopping distance," Smith says. "That's based on Newtonian physics and everything we know about collisions." Smith watched Segway officials stage accidents for legislators supposedly showing that a run-in between a Segway and a human would be harmless. "But they were going much slower than the Segway can go, and they were anticipated - the rider slowed down first." What happens, he asks, if a child darts in front of one? He testified before committees in the state House and Senate, where he implored lawmakers to explore this issue, to no avail. "You could see it: These legislators would get on the thing and they were mesmerized," Smith says. Toohey casts Smith as something of a lone nut. But the American Academy of Pediatrics is on record stating that more study is needed. ("Children, senior citizens, and people with disabilities shouldn't have to dodge a scooter," the association's president said last May.) Ditto the Consumers Union (publisher of Consumer Reports) and the National Association of Governors' Highway Safety Representatives. Officials in New York, Los Angeles, Boston, Philadelphia, and other cities have voiced skepticism about the prospect of Segways on their crowded streets. And in November, San Francisco banned the Segway from its sidewalks, in no small part because of the efforts of a noisy citizen's group that called on officials to stop the coming "Segway slaughter." Segway's John Morrell dismisses the hubbub. A collision between walker and rider, he says, would be a "nonevent." To prove the point, he crashes into me. Except this, too, is an anticipated crash; before contact, he dips his knees and rears slightly back. With my consent, he also rolls over my foot, which proves painless; the Segway uses specially designed tires that minimize the pounds exerted per square inch. As with driving a car, Morrell says, judgment is everything - he goes more slowly when negotiating a crowded sidewalk - and even if an accident occurs at full speed, "it'd be like bumping into someone while running." He stresses that the Segway was designed so that - unlike a bicycle - there are a minimum of protruding edges that might poke passersby. "If we thought there was a reasonable possibility of this causing harm as opposed to solving a problem," Brian Toohey says, "we wouldn't sell it." Spend any time talking to people about the Segway and you're likely to hear about the Wright brothers, who were similarly assailed by skeptics early on. Segway's recently departed president, George Muller, peered into the future and drew even loftier comparisons. "The automobile, the lightbulb, the telephone - those first ones that appeared on the scene - the world wasn't ready for them," he said weeks before stepping down. "We now find ourselves at the dawn of that same process. I think it's remarkable what we've accomplished in so short a time," he says. "I've felt like someone who was freezing to death while overheating at the same time," Kamen says. "I had all these people who wanted Segways, but I was refusing to sell them. I can't go down the street without people stopping me - 'I'll give you this SUV for that.'" One person who'll be asking the inventor for a Segway sometime soon is Albert Molella, director of the Smithsonian Institution's Lemelson Center for the Study of Invention and Innovation. Molella wants a Segway for the museum not because he has some deeply held belief in the inevitability of the scooter. Hardly. He counts himself as a fan of Kamen's, but views the Segway as more of a symbolic advance in addressing urban problems like traffic and pollution. "It's a step in the right direction, but only a first step," he says. "We're not a Hall of Fame for inventions so much as we're interested in the process. We have a whole lot of failures and a small number of successes." "To be honest about it," Molella confesses, "the wheelchair impressed me much more." Contributing editor Gary Rivlin (grivlin@wiredmag.com) profiled George Gilder in Wired 10.07. Copyright © 1993-2004 The Condé Nast Publications Inc. All rights reserved. Copyright © 1994-2003 Wired Digital, Inc. All rights reserved. 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| Navistar, Modec Form Electric Truck Joint Venture - EV World Posted: 02 Dec 2009 10:33 AM PST PAPILLION, NE -- Modec the innovative leader in commercial electric trucks has entered into a joint venture with Navistar International for North and South America. The jointly owned company is named Navistar-Modec EV Alliance, LLC. Navistar has purchased an equity stake in Modec's parent company, Borwick Group Limited. Navistar is currently 175 in the Fortune top 500 North American companies. In 2009 Navistar had US$15 billion in turnover, and currently employs over 17,000 staff. Navistar can trace its corporate history back to 1831 and its original form of 'Green Power' was horse drawn agricultural equipment. Modec is fast becoming the global commercial electric vehicle platform - a key factor in success with the many companies who operate globally, such as the international package delivery services. Modec was the first electric vehicle to achieve the new EU-wide whole vehicle type approval, valid in all EU member states. It is presently completing the equivalent approvals for North America.
About Navistar
About Modec Heralded as the future of urban commercial transport, the Modec is the first purpose designed and built vehicle of its kind. Quiet, efficient and stylish, it harnesses the power of world leading battery technology and revolutionary LEAN manufacturing techniques to deliver a range of commercial vehicles perfect for use in city environments. Modec is expanding rapidly. Modec dealers are now established in France, The Netherlands, Spain, Germany, Denmark, and Ireland. This growth is set to not only transform the commercial vehicle sector, but the whole automotive industry. www.modeczev.com
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| Alabama Telco Credit Union is Newest Lender on AppOne Platform - PR Inside Posted: 02 Dec 2009 07:42 AM PST 2009-12-02 16:41:52 -
Alabama Telco Credit Union : Alabama Telco is one of the top five indirect lenders among Alabama credit unions in terms of auto loan volume. AppOne's technology will help Alabama Telco simplify compliance challenges associated with indirect lending and enable them to process auto loans more efficiently.AppOne will connect Alabama Telco with independent auto dealerships, helping provide more auto financing opportunities to its members. AppOne helps lenders assess the risk associated with each dealership, while integrating Wolters Kluwer Financial Services' Bankers Systems motor vehicle retail installment contracts, which are used to document the financing of auto loans. These forms, combined with AppOne's technology, help ensure compliance with regulations governing auto lending practices. "A key part of our mission statement is providing our members with a wide range of excellent products," said Billy Chancellor, Alabama Telco's Senior Vice President. "AppOne supports this goal by simplifying compliance and risk mitigation processes, which will allow us to complete loans faster and help meet the auto lending needs of more members." Wolters Kluwer Financial Services : Alabama Telco Credit Union has a "5 STAR" Superior Rating by Bauer Financial for Safety and Soundness. Membership in Alabama Telco is available to employees or members of a qualifying group or organization, relatives of current Telco members, as well as anyone living, worshipping, working or attending school in the following Alabama counties: Madison, Montgomery, Autauga, Elmore, Pike, Tuscaloosa, Talladega, Jefferson, Shelby, St. Clair, Calhoun, Baldwin, Mobile, Houston, Coffee and Geneva. Alabama Telco Credit Union is a full service financial institution with branches located across the state of Alabama. With assets in excess of $456 million, Alabama Telco serves more than 56,000 members with friendly and professional service. For more information on Alabama Telco Credit Union, visit www.alatelco.org :
Wolters Kluwer Financial ServicesJennifer Marso, 612-852-7912Director, Twitter: @JenniferMarso : Peterson, 612-656-7745Senior Public Relations Specialist angela.peterson@wolterskluwer.com : mailto:angela.peterson@wolterskluwer.com On This content has passed through fivefilters.org.  This posting includes an audio/video/photo media file: Download Now |
| Nov. 30: Transactions, foreclosures, etc. - Herald Tribune Posted: 02 Dec 2009 06:59 AM PST Commercial Mortgages Listed in order are the mortgagor, mortgage holder, amount mortgaged, instrument number, or book with page number and the location of the mortgaged property filed in Sarasota and Manatee counties. SARASOTA COUNTY J H Floyd Sunshine Village Inc. and Love Funding Corporation, $2,691,200, 2009142915, Beginning Block 6, Brusselars. Royal Swazi Ashton LLC and Royal Swazi Emalangeni LLC, $545,365.08, 2009144360, Including Partial Tract 4, Block 3, Sarasota Venice Companys. Spectacular Realty LLC and Branch Banking, $100,000, 2009144783, Unit 12, Lot 8, Block 47, South Gate. MANATEE COUNTY None to report. Deed Transactions over $200,000 Listed in order are the seller, buyer, amount, and the book with page number, or instrument number and location, of commercial deed transactions filed in Sarasota and Manatee counties from November 18 - November 24. SARASOTA COUNTY River Central Llp to Florida Badger LLC, $562,100, 2009145633, Including Unit 2, Lot 5, Block 1, Gulf Gate. Casey Key Management LLC to Regions Bank, $4,500,000, 2009145744, In Sect. 16, Tws. 38, Rng. 18. MANATEE COUNTY Positano LLC to Heartbeat LLC, $2,025,000, 2319 7008, Unit 305, Positano. Parrot Cove Marina LLC to PS Bay LLC, $400,000, 2319 5473, In Lot 78, Block C, Sunny Shores Trailer Community. Foreclosure Sales Listed in order are the plaintiff, defendant, judgment amount, and case number for foreclosure sales, which will occur online at 9 a.m. for Sarasota County and online at 11 a.m. for Manatee County, on the dates listed below. Sales with case numbers preceded by "CH" will not take palce online and instead will take place at the Sarasota or Manatee County Courthouses, respectively. SARASOTA COUNTY 12/07/2009 HSBC Bank USA vs. Dustin Bennett et al, $136,360.09, 4698 Bayano St., North Port, 2007 CA 014407 SC. 12/08/2009 Bank of New York vs. Danny E. Wren et al, $383,868.72, 1528 Quail Lake Dr., Venice, 2007 CA 014040 SC. Branch Banking and Trust Company vs. Benjamin C. Bucher et al, $59,778.77, 3139 Grafton St., 2008 CA 019598 NC. 12/09/2009 Citibank NA vs. Bridget Dworken et al, $221,674.49, Unit 1331, 2755 Coconut Bay Ln., 2008 CA 001153 NC. Washington Mutual Bank vs. George F. Meyer et al, $182,732.12, Unit 122, Bldg. 4406, Cerromar Cir., 2008 CA 015658 SC. 12/10/2009 Deutsche Bank National Trust Company vs. Rosalia Luna et al, $252,282.05, 3933 Bula Ln., North Port, 2008 CA 001815 SC. JPMorgan Chase Bank NA vs. Brad T. Good et al, $138,549.61, 4441 Botwick St., North Port, 2008 CA 008650 SC. Lasalle Bank NA vs. Ronald A. Short et al, $304,791.47, 3132 Elmer St., 2008 CA 015436 NC. Serenade on Palmer Ranch Condominium Association vs. Christina Rodriguez et al, $7,440.47, Unit 105, 5160 Northridge Rd., 2009 CA 001562 NC. King's Gate Club vs. Marian McMaster et al, $8,443.83, 274 Avenue of Queens, Nokomis, 2009 CC 002329 NC. MANATEE COUNTY 12/08/2009 Deutsche Bank National Trust Company vs. Sosa Victor et al, $485,423.62, Unit A, 6812 Palm Dr., Holmes Beach, 2008 CA 007949. Suntrust Mortgage Inc. vs. Arevalo Larry et al, $150,587.25, 6231 W. 26th St., 2008 CA 010369. Wells Fargo Bank vs. Wulliman Hope L. et al, $326,717.03, 3624 E. 71st Ter., Sarasota, 2009 CA 001121. Landmark Bank of Florida vs. Tiger Eye Longboat Holdings LLC et al, $282,006.03, Unit 117, 8215 Natures Way, 2009 CA 007316. 12/09/2009 Citibank Trust vs. Pena Andres G. et al, $265,023.62, 5650 E. 25th St. Cir., 2008 CA 002197. Bank of America vs. Amadio Stephanie et al, $149,245.92, 1200 W. 37th St., 2008 CA 003770. Branch Banking & Trust Company vs. Anglin Kipp et al, $223,410.43, Broughton St., Sarasota, 2008 CA 004610. Citigroup Global Markets Realty Corporation vs. Tamisiea William J. et al, $230,643.66, 5304 W. 4th Ave., 2008 CA 004653. JPMorgan Chase Bank Trust vs. Peno Scott L. et al, $220,047.15, 8320 E. 72nd St., University Park, 2008 CA 004893. Countrywide Home Loans Inc. vs. Nacino Adonis B. et al, $378,141.87, 12511 E. 23rd St., Parrish, 2008 CA 005773. U.S. Bank Trust vs. Carrillo Mizael et al, $224,129.80, 2815 E. 6th St., 2008 CA 006120. Regions Bank vs. David M. Peck et al, $102,439.98, 1906 E. 148th Ct., 2008 CA 007079. Litton Loan Servicing LP vs. Johnson Ellis Jr. et al, $141,333.16, 1316 E. 26th St. Ct., Palmetto, 2008 CA 007269. Indymac Bank vs. Stoffers Catherine et al, $347,406.41, 6211 N.W. 14th Ave. Dr., 2008 CA 007753. Washington Mutual Bank vs. Nugent Edward et al, $337,312.26, 23410 E. 78th Ave., Myakka City, 2008 CA 008282. Suntrust Mortgage Inc. vs. Estrada Miguel R. et al, $142,920.00, 3907 Day Bridge Pl., Ellenton, 2008 CA 010478. Wells Fargo Bank vs. Gravley Christie et al, $260,722.31, 7110 E. 50th Ave. Cir., Palmetto, 2008 CA 010611. First Horizon Home Loans vs. Nagy Janey et al, $247,637.64, 6108 Willow Oak Cir., 2008 CA 011666. Deutsche Bank National Trust Company vs. Brignoni Luis et al, $261,075.53, 5219 E. 22nd St. Ct., 2008 CA 012033. U.S. Bank Trust vs. Talcott Kelly et al, $145,195.17, Unit 102, 8932 Manor Loop, 2009 CA 000363. Chase Home Finance LLC vs. Jarolin Sean S. et al, $312,941.57, 12419 Aster Ave., 2009 CA 000982. Century Bank vs. Allion Darryl A. et al, $295,391.70, 3818 E. 81st St., Palmetto, 2009 CA 002087. Countrywide Home Loans Inc. vs. Craft Deborah L. et al, $87,373.63, 1616 W. 63rd Ave., 2009 CA 002164. Flagship National Bank vs. Johnson Homes Inc. et al, $809,988.00, Including Lot 4083, Parrish, 2009 CA 002286. U.S. Bank Trust vs. Lashway Wayne et al, $636,962.38, 636 Jungle Queen Way, Longboat Key, 2009 CA 005476. Liberty Savings Bank vs. Dugan Troy A. et al, $97,051.96, 610 W. 21st St., 2009 CA 005523. San Marco Plaza Condominium Association Inc. vs. Tiger Eye Longboat Holdings LLC et al, $18,765.44, Unit 29, San Marco Plaza, 2009 CC 004088. 12/10/2009 Bank of New York Trust vs. Martel Julie et al, $211,443.78, 4204 Magnolia Dr., Ellenton, 2007 CA 005748. Deutsche Bank National Trust Company vs. Weber Robert A. Jr. et al, $320,494.23, 4116 E. 72nd Ave., Sarasota, 2007 CA 006578. Citimortgage Inc. vs. Fettes David et al, $210,303.22, 6219 Wingspan Way, 2008 CA 000387. HSBC Bank USA Trust vs. Isgett Wanda L. et al, $359,211.45, 9406 E. 29th Ave., Palmetto, 2008 CA 004122. Proponent Federal Credit Union vs. Madigan James F. et al, $225,054.78, 3026 E. 95th Dr., Parrish, 2008 CA 006440. Wells Fargo Bank vs. Palacios Jeannie et al, $135,297.30, 3616 E. 19th St. Ct., 2008 CA 006455. Liberty Savings Bank vs. Haller Karl W. et al, $83,915.01, 28221 E. 75th Ave., Myakka City, 2008 CA 006525. U.S. Bank Trust vs. Morris Cecil F. et al, $183,943.17, 2706 W. 39th St., 2008 CA 008118. Wells Fargo Bank vs. Abbott Thomas et al, $337,028.24, 5040 E. 253rd St., Myakka City, 2008 CA 008669. GMAC Mortgage LLC vs. Knight Isabelle et al, $139,470.22, 1213 W. 22nd Ave., Palmetto, 2008 CA 008729. Deutsche Bank National Trust Company vs. Castellanos Carlos G. et al, $290,772.70, 3807 E. 65th Ave., Sarasota, 2008 CA 008774. Wells Fargo Bank vs. Valencia Sergio et al, $143,754.20, 807 E. 14th St., Palmetto, 2008 CA 008989. Citimortgage Inc. vs. Castro Leonardo et al, $185,089.17, 1107 E. 61st Ave. Ter., 2008 CA 010930. Deutsche Bank Trust Company Americas vs. Anderson Amneh Amy et al, $225,451.78, 7548 Plantation Cir., University Park, 2009 CA 002077. U.S. Bank Trust vs. Smith Basil R. et al, $263,032.77, 1714 W. 28th St., 2009 CA 002196. Bank of New York Mellon vs. Rowland Robin et al, $228,404.56, 7550 Plantation Cir., University Park, 2009 CA 002320. Wells Fargo Bank vs. Schoenherr Matthew James et al, $284,255.40, 4216 E. 75th Pl., Sarasota, 2009 CA 003133. Hess W. Dale vs. Mab Homes LLC et al, $205,060.40, 2302 E. 33rd Ave. Dr., Bradenton, 2009 CA 003186. RBC Bank USA vs. Tiger Eye Longboat Holdings LLC et al, $404,023.47, Unit 219, 8205 Natures Way, 2009 CA 004950. Stearns Bank vs. Kalamira Properties Inc. et al, $1,120,200.22, 1100 W. 8th Ave., Palmetto, 2009 CA 005073. Flagship National Bank vs. Jaramillo Jorge et al, $228,170.38, 3500 El Conquistador Pky., 2009 CA 005528. 12/11/2009 Bank of New York Trust vs. Cade Rodney C. et al, $152,718.63, 3789 W. 59th Ave., 2007 CA 008877. U.S. Bank Trust vs. Ohara Boyd Gary et al, $231,289.88, 7016 Alderwood Dr., Sarasota, 2008 CA 002450. Citimortgage Inc. vs. Michael Stephen A. et al, $309,651.61, 7813 Broadmoor Pines Blvd., Sarasota, 2008 CA 002452. Citimortgage Inc. vs. Walford Dennis E. et al, $157,636.24, 5534 E. 46th St., 2008 CA 003508. U.S. Bank Trust vs. Loiseau Eddy et al, $279,086.36, 5112 43rd Ave. W., 2008 CA 005996. Indymac Federal Bank vs. Botton Maria R. et al, $223,339.69, 6206 E. 61st Dr., Palmetto, 2008 CA 008328. Household Finance Corporation 3 vs. Newman Kirsten et al, $140,730.58, 3219 19th St. E., 2008 CA 009513. Judgements over $5,000 Listed in order are the plaintiff, defendant, judgment amount, instrument number, or book with page number, and case number for judgments, other than foreclosures, filed in Sarasota and Manatee counties. SARASOTA COUNTY Suntrust Bank, Tuttle Sarasota Toyz LLC, $79,790.27, 2009142905, 2009 CA 012742 NC. Ajax Paving Industries Inc. of Florida, Carolina Consulting Corp., $118,753.66, 2009144193, 2006 CA 008677 NC. Sun Coast Media Group Inc., Sky Real Estate Event Marketing Services, $5,480, 2009144198, 2008 SC 007415 NC. DLA Piper Llp, U.S. Environmental Biotech Inc., $103,630.87, 2009144362, 2009 CA 015486 NC. Liberty Savings Bank FSB, Act Enterprises LLC et al, $297,549.76, 2009144365, 2009 CA 008626 NC. Mabey Bridge and Shore Inc., Setco Grading LLC, $29,973.16, 2009144370, 2009 CA 008747 NC. Freedom Bank, Imperatore Herbert and Company Inc. et al, $821,458.30, 2009145239, 2008 CA 009927 NC. Palm Plaza Associates Ltd., Kdibs LLC et al, $77,597.50, 2009145240, 2009 CA 014380 NC. LWR Equity Holdings LLC, Bosshardt Realty Services of the Gulf Coast, $13,334, 2009145453, 2008 CA 003342 NC. Coastal Chemical and Paper Supply Inc., Facilities Services of America Inc., $12,542.13, 2009145729, 2009 CA 000535 NC. MANATEE COUNTY Howard Leasing II LLC, Celador Group LLC et al, $11,320.78, 2319 6912, 2009 CC 000198. Commercial Liens over $1,000 Listed in order are plaintiff, defendant, amount owed, instrument or book and page, and the location of the lien filed in Sarasota and Manatee counties. SARASOTA COUNTY Woodbridge Estates Association Inc., Mebe2 LLC, $5,399.40, 2009142834, Unit 21, Woodbridge Estates. Sunstate Commerce Plaza Property Owners, Stephenson Surveying Inc., $3,105.15, 2009142868, Unit B, Sunstate Commerce Plaza. Probuild East LLC, Ten Oaks Polo Inc., $2,752.16, 2009143260, Lot 10, Sarasota Polo Club. Electrical Wholesalers Florida Inc., Sarasota County, $4,836.64, 2009143852, In Sect. 23, Tws. 40, Rng. 19. Folk Asphalt Inc., Meridian Business Center LLC, $34,493, 2009143856, 6220 McIntosh Rd. Ajax Paving Industries of FL LLC, Sarasota County, $2,368.05, 2009143908, In Sect. 28, Tws. 36, Rng. 18. Stoneybrook at Venice Community Association, Granite Woods Loop Seven LLC, $1,322.03, 2009144028, Unit 3, Lot 1048, Stoneybrook at Venice. Circle Plumbing Inc., Y Associates Ltd., $2,550, 2009144478, One S. School Ave. Isles of Sarasota Homeowners Association, TS Rentals LLC, $1,679.54, 2009144768, Unit 1, Lot 82, Isles of Sarasota. Ajax Paving Industries of FL LLC, Pelican Cove Condominium Association, $6,763.48, 2009145620, In Sect. 28, Tws. 37, Rng. 18. Carpet Stop Inc., Deerfield Groves Partnership, $2,817.05, 2009145829, Lot 16, Block 1318, 26th Addition to Port Charlotte. MANATEE COUNTY Heritage Harbour Master Association Inc., Federal National Mortgage Association, $2,453.43, 2319 7759, Lot 4233, Heritage Harbour. Timo Brothers Inc., Hannah Bartoletta Homes Inc., $15,896.25, 2319 5929, 13518 Mantanzas Pl. Drywall Systems of Manatee Inc., Bible Baptist Church, $4,408, 2319 5118, 1704 6th Ave. W., Palmetto. Fictitious Names Listed in order are the name, owner, and address of businesses with fictitious. names recorded by the Florida Division of Corporations November 16 - November 20. SARASOTA COUNTY Aamco Transmissions of Sarasota, Tyluch, LLC, 2856 Clark Rd., Sarasota. ANC Auto Mobile Detailing Salon, Christie, Joshua Ryan, 520 Artists Ave., Englewood. Angels Business Solutions, Sanders, Lillian L., 1751-B Dr. Martin Luther King Jr. Way, Sarasota. Big Al's City Grill, Baig-Sar, LLC, 11983 N. Tamiami Trl., Naples. Blinds Unlimited, Shea & Shea Inc., 614 Beverly Dr., Sarasota. Broken Art Designs, Hansen, Susanna, 4463 Winers Cir., Sarasota. Bulldog Printing LLC, Amaro, Cindy, 6442 Malton St., North Port. County Plumbing, Higgins, Paul M., 2137 Tamiami Trl., Venice. Cumberland Advisors, Cumberland Advisors of New Jersey, Inc., P.O. Box 1419, Sarasota. Designs Dujour, Schur, Frances Dee, 4845 Cherry Laurel Cir., Sarasota. Drake SRQ, Williamson, Ashlee, 2730 Stickney Point Rd., Sarasota. Ebookkeeping, Dowd, Whittaker & Associates, C.P.A.'s, P.A., Suite 303, 1521 S. Tamiami Trl., Venice. Evolution Fitness Club, Valenti, Patricia Anne, 2nd Floor, 1990 Main St., Sarasota. Florida Comprehensive Rehabilitation Clinics, Florida Chiropractic and Rehabilitation Clinics, 3540 S. Osprey Ave., Sarasota. Granary of Joseph, Legris, Marc, 113 Irene St. N., Nokomis. Hid Country, Deabe, Clarinda, Unit A, 1760 N. East Ave., Sarasota. Lugbudz, Insinna, Cynthia, P.O. Box 20872, Sarasota. New Beginnings Investment Club A Partnership, Moor, Margie J., 2552 Bucida Dr., Sarasota. Pahutski Surveying, Pahutski, Kenneth W., 1200 Wise Dr., North Port. Panacea Products, Insinna, Cynthia, P.O. Box 20872, Sarasota. Pro Nails & Spa at the Landing, Nguyen, Diep Thi, 4922 S. Tamiami Trl., Sarasota. Progress Automotive LLC, Ortega, Plinio C., 850 S. Tamiami Trl., Sarasota. Pyewackets, McNeil, Daryl L., 4670 Pittenger Dr., Sarasota. Reppen Enterprises, Joan, Reppen-Stevens Audrey, 609 Bramblewood Ln., Englewood. Rtm Money Source, Mathers, Richard Travis, 1532 U.S. 42 By-Pass S., Venice. Rumor Has it Fashion House and Gallery, Mabalot, Nicole L., 6549 Superior Ave., Sarasota. Safe at Home, Safe at Home, Inc., P.O. Box 15673, Sarasota. Sarasota Car Buying, Englander, Harris Jay, 8544 Woodbriar Dr., Sarasota. Sarasota Manatee Insulation, Messner, Mark Edward, 4999 Reno Dr., Sarasota. She's Got Baggage, Gilham, Stacey Elizabeth, 7357 International Pl., Sarasota. Suncoast Air Center, Suncoast Aviation of Florida LLC, 400 Airport Ave. E., Venice. Venice Orchids, Hague Jr., Robert B., 3395 Hardee Dr., Venice. MANATEE COUNTY AJ Wrappers, Jones, Alice Marie, 5838 French Creek Ct., Ellenton. Beauty and More, Kim's Foodland, Inc., 925 15th St. E., Bradenton. Bluewater Realty Group of Sarasota, Reedy Enterprise, LLC, 6606 Virginia Crossing, University Park. Buttonwood Inlet RV Resort, Key Way RV Park, Inc., P.O. Box 1478, Anna Maria. Century 21 Alliance, Tiberini, Anthony E., 6207 Cortez Rd. W., Bradenton. Christ Church Thrift Shop, Christ Episcopal Church of Bradenton Inc., 4030 Manatee Ave. W., Bradenton. Cohen Florida, CCIP Sarasota, Ltd., LLC, 713 S. Orange Ave., Sarasota. Design Marketing Solutions, Robarts, Denise L., 3707 34th St. E., Bradenton. Gibson and Gibson, Gibson, Tyrone, 13306 Brown Thraser Pike, Lakewood Ranch. Healthy Fundraising USA, Garofalo, Carmine, 4820 78th St. E., Bradenton. Oneco Auto Body Lenin Macias Esparza, Macias Esparza, Lenin, Unit A-8, 5815 15th St. E., Bradenton. Pak Mail at Tara, Radtke, Charles, 7282 55th Ave. E., Bradenton. Parking Lot Cleaners and More, Connelly, Philip Daniel, 6007 10th Ave. W., Bradenton. Royal Palm Car Wash, Coastal Car Wash Plus Inc., 1001 Third Ave. W., Bradenton. The Mommy Consultant, Drizos, Denise Lynn, 6806 Tumbleweed Trl., Lakewood Ranch. Treasure Island of Ami Plaza, Murphy Property Group LLC, Suite 100, 5337 Gulf Dr. N., Holmes Beach. U.S. Footwear, B Project, Inc., 1755 1st St. E., Bradenton. BANKRUPTCIES Charlotte County, Chapter 13 Eskola, Kenneth Edward, 7313 Ebro Rd., Englewood, 09-25895. Golder, Lori J., 2020 Willow Hammock Cir. #302, Punta Gorda, 09-26135. Reichenbach, George A., 7116 Brandywine Dr., Englewood, 09-26156. Rowe, Robert A., Jr., 167 Bunker Rd., Rotonda West, 09-26124. Tisinai, Robert L., 3310 Loveland Blvd. #1503, Port Charlotte, 09-25887. Vanderhiden, John P., 5990 Gillot Blvd., Port Charlotte, 09-26157. Watkins, Dennis W., 22337 Alcorn Ave., Port Charlotte, 09-25965. Wessels, James D., 2713 Palm Dr., Punta Gorda, 09-26422. Charlotte County, Chapter 7 Boyd, Robert M., 1477 Eagle St., Port Charlotte, 09-26095. Galeone, Tretha L., 234 Shadow St. NW, Port Charlotte, 09-26235. Johnson, Damon S., 5478 Montego Ln., Port Charlotte, 09-25889. Kaplan, Ronald G., 10399 Oceanspray Blvd., Englewood, 09-26325. King, Jeffrey M., 915 Fairfax Ter. NW, Port Charlotte, 09-25890. Robinson, Edward C., 23273 Abeline Ave., Port Charlotte, 09-26336. Thomas, Cynthia Lynette, 2671 12th St., Englewood, 09-26304. Wray, Cecil Earl, 11258 Pineapple Rd., Punta Gorda, 09-25939. Manatee County, Chapter 13 Arisman, Ronald, 11710 Soft Rush Ter., Bradenton, 09-26190. Grabert, Thomas G., 5731 48th St. Cir. E, Bradenton, 09-26066. Hart, Demetrius L., PO Box 2974, Oneco, 09-25893. Lykins, Harold D., 5201 21st St. W, Bradenton, 09-26028. Moore, Tennie P., PO Box 6504, Bradenton, 09-26254. Rock, Barbara, 7131 13th St. E, Sarasota, 09-26346. Manatee County, Chapter 7 Badger, Lois E., 3015 58th Ter. E, Bradenton, 09-25994. Berg, Shawn Carter, 926 Byron Ln., Sarasota, 09-26429. Broadbent, Casey J., 3518 Lorraine Rd., Bradenton, 09-26281. Brodka, Violet, 4116 Countryside Dr., Ellenton, 09-26178. Burger, Richard S., 800 Kay Rd. NE #1253, Bradenton, 09-26260. Ernst, Thomas J., 6924 44th Ter. E, Bradenton, 09-26421. Ford, Mandy Ann, 8482 Idlewood Court, Bradenton, 09-26057. Gray, Shirley M., 35 Beechwood Dr., Tiffin, 09-26395. Harris, Ronald, Jr., 46225 McLeod Rd., Myakka City, 09-26349. Layer, Kenneth W., 3616 5th Ave. NE, Bradenton, 09-25905. Lezcano, Lana Sue, 4904 256th Ave. W, Bradenton, 09-26034. Marazita, Dominic, 6711 Quillback Ln., Bradenton, 09-25974. McAhren, Vaun Lee, 5714 12th Ave. W, Bradenton, 09-26171. Minter, Tamara J., 7603 2nd Ave. W, Bradenton, 09-26359. Mossey, Tracy, 5812 24th St. Court W, Bradenton, 09-25917. Ottey, Caterina, 7213 50th Ave. E, Palmetto, 09-26061. Pack, James R., 5731 New Paris Way, Ellenton, 09-25876. Puttick, Janet R., 1311 18th Ave. W, Bradenton, 09-26269. Sabo, Timothy P., 5849 Clubside Dr., Sarasota, 09-26180. Sims, Johnnie Mae, 1814 2nd Ave. E, Bradenton, 09-26186. Smith, Barry Louis, 2816 35th Ave. W, Bradenton, 09-26337. Tredinnick, John C., 6122 Turnbury Park Dr. #9303, Sarasota, 09-26181. Weiss, Jeffrey R., 2683 Adrian Ave., Largo, 09-25896. Sarasota County, Chapter 13 Fleming, Stephen B., 410 Bravado, North Port, 09-25992. Iseli, Robert N., Jr., 401 Cassata Rd., Sarasota, 09-25980. Lowmark, James M., Sr., 2974 Greendale Rd., North Port, 09-25964. Mullins, Robert, 1750 Chimney Court, Sarasota, 09-25997. Nagle, Eunice F., 924 Jacinto W, Venice, 09-26027. Pollard, Robert W., 3633 Winderwood Dr., Sarasota, 09-26416. Stubbs, Ronald D., 178 Wisteria Rd., Venice, 09-25991. Sarasota County, Chapter 7 Asselin, Muriel R., 8681 Shumock Ave., North Port, 09-26079. Biggar, Cynthia, 450 Woodland Dr., Sarasota, 09-25956. Boyle, Jan Mari, 2651 Datura St., Sarasota, 09-26204. Branham, Brianna E., 1516 Olympia Rd., Venice, 09-25953. Brielmaier, Jeffrey G., 3079 Bellefonte Ave., North Port, 09-26076. Dillen, Shawn M., 5458 Jessamine Ave., North Port, 09-26280. Ehmke, Marianna, 6551 Draw Ln., Sarasota, 09-26177. Farr, Amanda, 5681 Bentgrass Dr., Sarasota, 09-26166. Ford, Dennis LaMar, Sr., 1724 36th St., Sarasota, 09-26297. Gonia, Barbara A., 5953 Fairlane Dr., North Port, 09-26020. Heilman, Timothy Wayne, 1 Crane Rd., Venice, 09-26301. Hoagland, Kathleen M., 3184 Virginia Rd., Venice, 09-26182. Holland, Pamela, 3926 Cochise Ter., Sarasota, 09-26352. Hooper, Dale T., 2958 Cimarron Cove, Sarasota, 09-26279. Ivanenko, Viktor V., 2442 Morton Rd., North Port, 09-26025. Jacobs, Jack W., 2920 S Salford Blvd., North Port, 09-25970. Jacobsen, Gordon A., 11 Perimeter Dr., Englewood, 09-26021. Jansen, Rudi P., 4537 Iola Dr., Sarasota, 09-26184. Kessler, Joan, 124 Happy Haven Dr. #52, Osprey, 09-25926. Larsen, Robert E., 360 Center Rd., Venice, 09-26065. Lewis, Michael A., 887 Olympia Rd., Venice, 09-26261. Lumpkin, Delores M., 3703 Prudence Dr., Sarasota, 09-25938. Mann, Paul D., 6065 Tidwell St., North Port, 09-26024. Mathias, Richard E., 1820 Nautilus Dr., Sarasota, 09-26413. McKibben, Diane L., 807 Allamanda Cir., Venice, 09-26291. Milliner, Sandra Faye, 170 Dartmouth Rd., Venice, 09-25972. Nickel, Ruth E., 1513 Oak St., Nokomis, 09-26019. Odierna, Christopher M., 6065 Ibis St., Sarasota, 09-26394. Paull, Thomas A., 1129 Riviera St., Venice, 09-25973. Pender, John Andrew, 4803 Winchester Dr., Sarasota, 09-26258. Peters, David W., 2686 Ashland Ln., North Port, 09-26068. Riker, Jane, 554 Portside Dr., North Port, 09-25907. Rowland, Jeremy L., 4441 Cobbler Ln., North Port, 09-25995. Sanchez, Luisa, 720 N Pompano Ave., Sarasota, 09-26119. Smith, Joyce Ann, 4126 Prescott St., Sarasota, 09-26405. Souza, Ricardo C., 3343 Savage Rd., Sarasota, 09-26209. Squiciarino, Frank Richard, 2798 Caladium Rd., North Port, 09-26264. Strain, Robert S., 6038 Pan American Blvd., North Port, 09-26064. Stroker, Michael Edward, 5079 Faberge Pl., Sarasota, 09-26430. Tope, Edwin G., 1400 Thicket Ln., Sarasota, 09-25949. Van Der Kooy, Ryan Matthew, 4068 Lancaster Dr., Sarasota, 09-26326. Victor, David A., 139 Woodland Pl., Osprey, 09-26017. Villadoniga, Tammy Jo, 4154 Westminster Dr., Sarasota, 09-26387. Wade, Victor W., 335 Desoto St., Nokomis, 09-26063. Williams, Craig D., 3591 Sunset Beach Dr., Venice, 09-26022. Zeller, Justin, 4813 Waterbridge Down, Sarasota, 09-26410. This content has passed through fivefilters.org.  This posting includes an audio/video/photo media file: Download Now |
| Navistar and Modec Sign Joint Venture to Produce and Market All ... - PR Inside Posted: 02 Dec 2009 05:18 AM PST 2009-12-02 14:24:52 -
Navistar International Corporation (NYSE: NAV) announced today that one of its wholly owned affiliates has signed a joint venture agreement with Modec Limited of the United Kingdom to create the Navistar-Modec EV Alliance, LLC. The joint venture will produce Class 2c-3 all-electric commercial trucks for sale in North, Central and South America. The trucks are designed and purpose-built to be electrically driven. In August, President Obama announced that Navistar would receive a federal grant of $39.2 million in government stimulus funding from the Department of Energy to develop and build all-electric trucks. These trucks will be produced in Elkhart County, Ind. Navistar intends to produce 400 electric vehicles in 2010, and expects to be producing several thousand annually within two years. As volumes grow, Navistar anticipates the creation of up to 700 new jobs, including suppliers and employees. The collaboration between Navistar and the Department of Energy demonstrates the importance of business and government working together to make energy efficient vehicles a reality, and the continued need for research and development of advanced commercial vehicle technologies. "The commercial market is ready for electric vehicle technology to advance," said Dee Kapur, president, Navistar Truck Group. "This vehicle is road ready for fleets to implement as a practical solution for many applications. It has an excellent, eye-catching design that says, 'this is something different, the future is now.' We see this as an ideal vehicle for the U.S. urban markets. We already have interested customers, including some of the most respected names in the industry." "We are very pleased to partner with Navistar in this new venture," said Bill Gillespie, Modec chief executive officer. "Navistar's commercial truck market leadership, coupled with their proven track record of clean vehicle technology, makes them the perfect partner." In addition to all-electric and hybrid-electric trucks and buses, the conventional line-up of International® brand commercial trucks is among the most aerodynamic, fuel efficient in the industry. Navistar recently became the first original equipment manufacturer (OEM) to receive dual certification through the U.S. Environmental Protection Agency (EPA) SmartWay Program for helping to reduce greenhouse gas emissions. For decades, Navistar has demonstrated a commitment to clean technologies that benefit the environment and its customers. In 1989, Navistar was the first OEM to release the smokeless diesel engine and, in 2001, Navistar was the first engine manufacturer to gain certification from the EPA for meeting reduced particulate and hydrocarbon emissions standards – six years ahead of schedule. Navistar was also the first to enter line production of commercial diesel hybrid trucks and school buses.
About Navistar Navistar International Corporation (NYSE: NAV) is a holding company whose wholly owned subsidiaries and affiliates produce International® brand commercial and military trucks, MaxxForce® brand diesel engines, IC Bus™ brand school and commercial buses, Monaco RV brands of recreational vehicles, and Workhorse® brand chassis for motor homes and step vans. It also is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine parts and service. Another affiliate offers financing services. Additional information is available at www.Navistar.com/newsroom : Modec was founded in 2004 by a team of automotive engineering experts lead by Lord Borwick; its vehicles were launched in 2007. Heralded as the future of urban commercial transport, the Modec is the first purpose designed and built vehicle of its kind. Quiet, efficient and stylish, it harnesses the power of world leading battery technology and revolutionary LEAN manufacturing techniques to deliver a range of commercial vehicles that are perfect for use in city environments. Modec is expanding rapidly. Modec dealers are now established in France, Netherlands, Spain, Germany, and Ireland. This growth is set to not only transform the commercial vehicle sector, but the whole automotive industry.
Navistar International CorporationMedia contact: Roy Wiley, 630-753-2627Investor contact: Heather Kos, 630-753-2406Web This content has passed through fivefilters.org.  This posting includes an audio/video/photo media file: Download Now |
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