Flagstone Project on Watson Island Moving Ahead, City Says

Flagstone Development is in the process of finalizing agreements with equity partners and lining up financing for development of its $640 million Island Gardens project on Watson Island, the city of Miami reports. I had queried the city about the status of the long-awaited project on Friday after thinking that the light rail system I blogged about on Dec. 28 could make the project better connected to Miami Beach and the mainland. Watson Island is currently known as the home for the Jungle Island attraction and the Miami Children's Museum.

Chobani Yogurt Loses Canadian Market

Image Greek yogurt lovers in Canada can't find Chobani on grocery store shelves anymore. As of a few weeks ago, the product no longer was available in Canada, Chobani Communications Manager Lindsay Kos said. “Due to circumstances outside of our control, we are unable to move forward with our national launch plans at this time,” she said. “We're working closely with the Canadian government to figure out a solution to be able to bring our products to the Canadian marketplace.”

Rabobank Honors Chobani with Innovation Award

Image By CAROL RYAN DUMAS\Capital Press - Rabobank, a leading global food and agribusiness bank, has named Chobani as the winner of its 2012 North America Innovation in Leadership award for the company's "groundbreaking contribution" to the U.S. yogurt sector. The 2012 award honors Chobani, a Rabobank client, for the transformational impact of its practices on the U.S. yogurt industry and its success in redefining an established market to advance its business and the overall yogurt category.

Chobani Opens World's Largest Yogurt Manufacturing Plant in Twin Falls, Idaho

Image Chobani, America’s No. 1 selling yogurt brand, celebrated the grand opening of its second domestic manufacturing facility. Located in Twin Falls, Idaho, Chobani has invested $450 million to build this one million square foot, world-class operation in less than 11 months. “Chobani Idaho is our $450 million commitment, not only to the town of Twin Falls, Idaho, but also to our Foodservice customers,” says Stephen Dean, vice president of sales, foodservice, for Chobani.

“The facility’s increased production capabilities allow us to meet the demand for our authentic Greek yogurt in both the commercial and non-commercial segments. We're currently ramping up production and our capacity will continue to grow from here. Since Chobani Idaho was designed from scratch, we have the machinery to produce foodservice-specific pack sizes -like the 5lb and 25lb packs that will be available mid-2013 - which will expand Chobani’s presence back of house across the nation.”

U.S. Hunger for Yogurt Leads to Gigantic Factory

Image By STEPHANIE STROM - New York Times -  Chobani, the yogurt company that grew from nothing five years ago to a roughly $1 billion powerhouse today, on Monday will formally open one of the world’s largest yogurt-processing plants in Twin Falls, Idaho. “I’m so excited,” said Hamdi Ulukaya, founder and chief executive of Chobani. “I’ve been waiting for this moment for so long.” The $450 million, 1 million square-foot plant is the company’s second. It will employ 300 people, and Mr. Ulukaya said for every 10 jobs it creates directly, it is expected to create roughly 66 additional jobs in ancillary businesses. “The state expects the total economic impact of our business there to be $1.3 billion,” he said.

Sierra Nevada Corp. gets NASA contract

Image SPARKS, Nev. (KRNV & MyNews4.com) -- Sparks-based Sierra Nevada Corporation has just been awarded a $10 million dollar NASA contract. The money will be used to develop commercial safety spacecrafts for travel to the International Space Station. Many experts are calling them "space taxis." Other companies winning contracts include aerospace giant Boeing and Space Exploration Technologies.

Canada Court Allows Chobani? Greek Yogurt?s Importation Into Canada


Image After a spirited fight, on June 21, 2012, the Federal Court of Canada ("Court") upheld import permits issued to Agro-Farma Inc. ("Agro"), the maker of the top-selling U.S. brand, Chobani® Greek yogurt. Although Canadian processors strongly protested the grant of the permit, arguing that they would be at a competitive disadvantage and the move would contravene the dairy industry's supply management system, the Court found differently, looking through a broader lens.

Business Owners Tally the Storm Damage and Ponder Its Lessons

(By Suzanne Sataline, New York Times) Few small-business owners were prepared for the wrath of Hurricane Sandy. Wednesday’s snowy northeaster knocked out power to homes in New York and New Jersey and interrupted train service on Long Island, setting back the recovery effort in a region still reeling from Hurricane Sandy. The storm and its tidal surge ravaged stores and restaurants, soaked inventory and stalled manufacturing throughout the New York region last week.

Canadian Solar Supplies Modules For Turkey's First And Largest Governmental PV Project Installed

ONTARIO, Canada, Sept. 5, 2012 /PRNewswire/ — Canadian Solar Inc. (NASDAQ:CSIQ) (the “Company” or “Canadian Solar”), one of the world’s largest solar companies, today announced it will supply solar modules for Turkey’s first and largest governmental solar PV project which will be installed by Gehrlicher Merk Solar, the joint venture company for the Turkish market of Gehrlicher Solar and Merk Solar Enerji. The two companies have won the public tendering for the Gursu municipality of Bursa in Turkey. The milestone PV project has a total capacity of 96 kW and is supported directly by the Turkish Prime Minister’s office. Canadian Solar was selected out of 13 different module manufacturers for this project.

Amish Market Owner Jailed, Denied Bail for Alleged Cuba Dealings

Image By Carl Glassman - Tribecatrib.com -  Not so long ago, Adem Arici was on top of the gourmet grocery world in Lower Manhattan. The co-founder and former co-owner of the chain of Amish and Zaytuna Markets, with as many as four Downtown locations, Arici was hailed as a Financial District pioneer when he opened his Amish Market on Cedar Street in 1999. And he became a sympathetic symbol of post-Sept. 11 business distress after his store was ruined in the attacks. Today, with all but two of his stores closed or sold and his Tribeca market at 53 Park Place in bankruptcy, Arici’s world is the Westchester County Jail, where he has been held without bail for seven months.
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