| Carrier invests in DeWitt campus
Driving into Syracuse from Carrier Circle, visitors drive past a bombed-out-looking hotel and weedy parking lots across the street from Carrier Corp. Friday, Carrier announced plans for a $5 million renovation of its site. The air conditioning and refrigeration giant wants to sell off the parking lots, demolish an old building and upgrade the facade on its building facing Thompson Road. And while Carrier's plans won't take care of the dilapidated Howard Johnson's across from its Thompson Road campus, economic developers say it will go a long way toward sprucing up the neighborhood. Carrier President Geraud Darnis revealed the company's plans to its 1,500 employees during a visit to the DeWitt campus Friday morning. "Our goal is to turn vacant properties into productive assets for the community, while reducing our excess space to make the campus sustainable for the future," he said in a news release.
Infotech Enterprises gets higher contract prices
MUMBAI: Engineering design and geo-spatial services firm Infotech Enterprises Ltd has got 3-4 per cent higher price realisations in the current quarter from some of its large customers, a top official said on Friday.
"We have been getting higher price realisations, especially from our large customers, who appreciate and empathise with the difficult times we are passing through," Chairman and Managing Director BVR Mohan Reddy told reporters on the sidelines of a technology conference.
Price appreciations have been in the range of 3-4 percent, he added. Some of Infotech's large customers include makers of carrier heating and air-conditioning products, United Technologies Corp. and its jet engine unit, Pratt & Whitney, with whom it has multi-year engagements.
Freon leak prompts evacuation of Bell Helicopter plant
Hundreds of Bell Helicopter employees evacuated the engineering building in Hurst on Monday after an air-conditioning system component sprung a freon leak. About 500 pounds of R-22 refrigerant, an odorless, colorless and nontoxic gas, was released. Bell spokesman Mike Cox said the evacuation was orderly and no employees were injured. -- Bob Cox Internet traffic restored on two cut undersea cables CAIRO, Egypt -- Traffic has returned to normal on two undersea Internet cables in the Mediterranean Sea and Persian Gulf, cable owner FLAG Telecom said Monday. The cables were cut last month, causing disruptions across the Middle East and parts of Asia. But the fate of a third cut cable, off Alexandria, Egypt, was still unknown. -- The Associated Press Continental employees to receive $158 million in profit sharing HOUSTON -- Continental Airlines said Monday it will pay a record $158 million in profit sharing Thursday to employees, based on the carrier's 2007 results.
Latest updates on Techwood Drive closing
Beginning Saturday and extending through the summer of 2009, Techwood Drive, a north-south access road beside the Downtown Connector, is closed from 16th Street to 10th Street. With the closure, the southbound ramps from I-75 and I-85 to 14th and 10th streets also are shut off. For drivers heading south from I-85, the beginning of the ramp will still be open to exit to 17th Street. From I-75, DOT says southbound drivers technically still can exit onto 16th Street, but the small streets could be such a mess they should forget about it, and exit at Northside Drive. The worst of the traffic is expected Monday, when most people return to work. But the impact has been felt already. 5:45 p.m.: A little slowdown, some confusion, DOT says Crystal Paulk-Buchanan, spokeswoman for the Georgia Department of Transportation, said the first day of construction and street closings went smoothly.
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