Archive for April, 2008
Where can I find a job that will hire a 16 year old?
Tuesday, April 15th, 2008Chrysler to Build New Plants and Upgrade Three Others
Monday, April 14th, 2008Gertrude asked:
Amidst the controversies not to mention the billion dollar losses that DaimlerChrysler AG’s Chrysler Group is facing it still plans to build two new plants in Michigan and upgrade three others.
The said plan is to be formally announced late Wednesday morning includes a new $700 million axle plant in Marysville, Michigan, and a new $730 million plant in Trenton Michigan where the next generation Chrysler V6 engine are to be produced according to company spokesman Mike Aberlich.
Chrysler AG also plans to build a new $300 million paint shop at Sterling Heights Michigan plant where it manufactures the Chrysler Sebring and Dodge Avenger. The company likewise plans to invest $50 million in its Warren, Michigan, stamping and assembly complex which now builds the Dodge Ram and Dakota pickup trucks. The company also added that a new version of the Ram is coming out in 2008.
The new axle plant will replace the Detroit axle plant which was built way back in 1917 and now employs more than 1,600 workers. The official announcement of the plants was to be made Wednesday by Chrysler, United Auto Workers president Ron Gettelfinger and Michigan Governor Jennifer Granholm.
The members of the United Auto Workers Local 961 at the Detroit Axle plant have been voting on new work rules which the company says are very important in building the plant, enabling employees to work in teams and to accomplish multiple jobs. The said rules are similar to those approved by the union before Chrysler built its new four-cylinder engine plant.
The Detroit Axle plant specializes in making front-and-rear-drive axles for many of Chrysler Group truck products including some of its diesel performance parts. The plant also makes the trailing axles for Dodge and Chrysler minivans and creates their respective diesel performance part components as well. It is in the Detroit Axle plant that powertrain components for the Chrysler 300, Dodge Magnum and Dodge Charger cars are built.
The announcement of the new plants come as Chrysler’s German parent talks with potential buyers for its US operations. According to Chrysler officials they have to modernize their facilities in order to become more competitive. The new axle plant will come complete with robotics technology and will enable the company to do the same work with fewer employees.
The new investments will help Chrysler to roll out products with much improved fuel efficiency and performance said LaSorda. The improvements of the plants are also part of the company’s commitment to invest $5.8 billion to $6 billion per year in its operations, LaSorda further added.
KINDLE
Amidst the controversies not to mention the billion dollar losses that DaimlerChrysler AG’s Chrysler Group is facing it still plans to build two new plants in Michigan and upgrade three others.
The said plan is to be formally announced late Wednesday morning includes a new $700 million axle plant in Marysville, Michigan, and a new $730 million plant in Trenton Michigan where the next generation Chrysler V6 engine are to be produced according to company spokesman Mike Aberlich.
Chrysler AG also plans to build a new $300 million paint shop at Sterling Heights Michigan plant where it manufactures the Chrysler Sebring and Dodge Avenger. The company likewise plans to invest $50 million in its Warren, Michigan, stamping and assembly complex which now builds the Dodge Ram and Dakota pickup trucks. The company also added that a new version of the Ram is coming out in 2008.
The new axle plant will replace the Detroit axle plant which was built way back in 1917 and now employs more than 1,600 workers. The official announcement of the plants was to be made Wednesday by Chrysler, United Auto Workers president Ron Gettelfinger and Michigan Governor Jennifer Granholm.
The members of the United Auto Workers Local 961 at the Detroit Axle plant have been voting on new work rules which the company says are very important in building the plant, enabling employees to work in teams and to accomplish multiple jobs. The said rules are similar to those approved by the union before Chrysler built its new four-cylinder engine plant.
The Detroit Axle plant specializes in making front-and-rear-drive axles for many of Chrysler Group truck products including some of its diesel performance parts. The plant also makes the trailing axles for Dodge and Chrysler minivans and creates their respective diesel performance part components as well. It is in the Detroit Axle plant that powertrain components for the Chrysler 300, Dodge Magnum and Dodge Charger cars are built.
The announcement of the new plants come as Chrysler’s German parent talks with potential buyers for its US operations. According to Chrysler officials they have to modernize their facilities in order to become more competitive. The new axle plant will come complete with robotics technology and will enable the company to do the same work with fewer employees.
The new investments will help Chrysler to roll out products with much improved fuel efficiency and performance said LaSorda. The improvements of the plants are also part of the company’s commitment to invest $5.8 billion to $6 billion per year in its operations, LaSorda further added.
KINDLE
Sterling Heights News Week in Review 12/15-22/08
Monday, April 14th, 2008SHTV1 asked:
Sterling Heights News Week in Review for the 12/15-22/08
RICCIO
Is anyone looking for a roommate?
Sunday, April 13th, 2008Animal volunteering?
Sunday, April 6th, 2008using the yellow pages?
Saturday, April 5th, 2008Rates Increases Haven’t Affected Property Demand
Friday, April 4th, 2008Lavana James asked:
The recent spate of interest rate hikes has had a marked effect on the property market in South Africa, with liquidations and other distressed sales reaching all time highs.
Demand outstrips supply
What is remarkable is that the demand for property continues to outstrip the supply by a significant margin and homes in the upper end of the market continue to realise attractive prices, particularly in areas like Llandudno, Hout Bay and Clifton.
Ironically, the property owners that are really feeling the unprecedented heat of the consecutive rates increases are those who bought at the height of the boom as speculative buyers with the view of making a small fortune and quickly.
Speculative buyers feel the pinch
The vast majority of these speculative home owners opted to borrow finance for the transaction but when the market plummeted recently and interest rates kept on rollicking upwards they were caught between the proverbial rock and a very hard place.
They were unable to sustain the ever burgeoning mortgage bond, nor could they recoup their initial investment and although this was all bad news for the ‘punter’, it did have a positive spin in pushing house prices down to a more affordable level.
Middle income home owners suffer
It is also those in the middle income group – those who’ve invested in property between R3 – R6 million – who have been mortally wounded by the constant rates hikes. They are those unable to pay cash and each time the rates increase, the variance is significant enough to cause them serious pain.
One bit of good news directly related to this unfortunate situation for many is that mid-income house prices have flattened out with the overall price growth for 2008 estimated at less than 10%. It is clearly a buyer’s market and people with the cash to invest will most certainly be able to pick up some fantastic deals.
Top end of the market remains robust
The top end of the market - homes of over R10 million - has yet to show any signs of distress. This is largely due to the fact that principal buyers are either cash-flush locals or currency-rich foreigners who are able to pay cash for their investment.
Estate agents in South Africa continue to register and report ever-increasing high-value deals in certain areas of the country. The average price for a Llandudno property, for instance, is now well over R10 million, and you can’t buy an ordinary Hout Bay home for less than R5 million – these are 2 areas in Cape Town that are largely immune to the negative impact of rates increases.
Sandhurst and Hurlingham in Johannesburg and Balito in Durban continue to attract sumptuous prices and real estate agents have reported growth, albeit slow growth, in the upper end of the residential market.
Light at the end of the tunnel
Experts have predicted that 2008 could very well be the trough of the property cycle and, looking towards 2011 and beyond, an upward trend in price growth is expected. This, together with an improved economy, an exciting yet stable political landscape and lower interest rates can only mean that we have probably experienced the worst of the crisis and there is an imminent sterling silver-lined cloud ahead.
SHABOT
The recent spate of interest rate hikes has had a marked effect on the property market in South Africa, with liquidations and other distressed sales reaching all time highs.
Demand outstrips supply
What is remarkable is that the demand for property continues to outstrip the supply by a significant margin and homes in the upper end of the market continue to realise attractive prices, particularly in areas like Llandudno, Hout Bay and Clifton.
Ironically, the property owners that are really feeling the unprecedented heat of the consecutive rates increases are those who bought at the height of the boom as speculative buyers with the view of making a small fortune and quickly.
Speculative buyers feel the pinch
The vast majority of these speculative home owners opted to borrow finance for the transaction but when the market plummeted recently and interest rates kept on rollicking upwards they were caught between the proverbial rock and a very hard place.
They were unable to sustain the ever burgeoning mortgage bond, nor could they recoup their initial investment and although this was all bad news for the ‘punter’, it did have a positive spin in pushing house prices down to a more affordable level.
Middle income home owners suffer
It is also those in the middle income group – those who’ve invested in property between R3 – R6 million – who have been mortally wounded by the constant rates hikes. They are those unable to pay cash and each time the rates increase, the variance is significant enough to cause them serious pain.
One bit of good news directly related to this unfortunate situation for many is that mid-income house prices have flattened out with the overall price growth for 2008 estimated at less than 10%. It is clearly a buyer’s market and people with the cash to invest will most certainly be able to pick up some fantastic deals.
Top end of the market remains robust
The top end of the market - homes of over R10 million - has yet to show any signs of distress. This is largely due to the fact that principal buyers are either cash-flush locals or currency-rich foreigners who are able to pay cash for their investment.
Estate agents in South Africa continue to register and report ever-increasing high-value deals in certain areas of the country. The average price for a Llandudno property, for instance, is now well over R10 million, and you can’t buy an ordinary Hout Bay home for less than R5 million – these are 2 areas in Cape Town that are largely immune to the negative impact of rates increases.
Sandhurst and Hurlingham in Johannesburg and Balito in Durban continue to attract sumptuous prices and real estate agents have reported growth, albeit slow growth, in the upper end of the residential market.
Light at the end of the tunnel
Experts have predicted that 2008 could very well be the trough of the property cycle and, looking towards 2011 and beyond, an upward trend in price growth is expected. This, together with an improved economy, an exciting yet stable political landscape and lower interest rates can only mean that we have probably experienced the worst of the crisis and there is an imminent sterling silver-lined cloud ahead.
SHABOT
Who is opening for Paramore 8/13/08?
Wednesday, April 2nd, 2008Palin and McCain in Sterling Heights, MI
Wednesday, April 2nd, 2008MichiganMessenger asked:
Palin and McCain speech
BEHRMANN








