FAIRFIELD COUNTY
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FCBJ TODAY
Officials question August jobs data
Back to the bump and grind of Connecticut development … 2 Gold coastal property: setting the C-PACE in the state … 2 Health inflation in check – for some … 3
BY PATRICK GALLAGHER
Real-time patient medical info startup launches with Bridgeport Hospital … 11
pgallagher@westfairinc.com
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Instead of putting businesses in a box, expanding the box … 12 NCC consortium nets $12M for health, life sciences training .. 15 In the field: Westport bookkeeper embezzles from foundations… 16 Special report: Open door policy of state manufacturers … 17 The List: Recruiters … 20
Also …
“In every sense of the word, this would amount to a ‘success tax’ on our best and brightest entrepreneurs.” 4
“Mompreneurs” Kristina Kelly and Laura Avery gather for a meet-and-greet event in Ridgefield.
‘Mompreneur’ directory launches BY JENNIFER BISSELL
jbissell@westfairinc.com A web directory of mother-owned businesses has launched in Ridgefield with plans of going national. “Moms already have a full-time job,” said Laura Avery, Consult-a-Mom L.L.C. founder.
“This site stands to promote and support Connecticut moms. And whenever you support a small company, you know that the money you spend is going directly to help that family.” The website, Consultamom.com, is free for the public to use and features moth-
harp increases in Connecticut’s monthly unemployment rate, which jumped to 9 percent in August from 8.5 percent in July after being below 8 percent as recently as May, have continued to perplex state labor officials and economists. The Connecticut economy is estimated to have shed 6,800 jobs in August, with private sector employment declining by 6,300, or 0.5 percent, according to data released Sept. 20 by the Connecticut Department of Labor. Additionally, the department lowered its preliminary estimate for the number of jobs added in July to 3,500 from an initial report of 5,100 net new jobs, meaning the first eight months of 2012 have yielded job growth of just 1,300 positions compared with the creOfficials question, page 6
Mompreneur, page 6
The British are coming! At least their chips are BY JENNIFER BISSELL
jbissell@westfairinc.com
MEDIA PARTNER
October 1, 2012 | VOL. 48, No. 40
H
ow about a pint of lukewarm beer to go with your Worcestershire sauce and sun-dried tomato chips? Tyrrells English Chips is invading the United States marketplace and using Fairfield County as its home base. Tyrrells’ strategy? Slowly introducing the peculiar British taste
into the American marketplace. Since launching the brand in the U.S. a year ago, the company is on track to pull in $4 million this year. By the end of 2013, the company hopes to have made double, said Neil Turpin, Green Seed Group L.L.C. managing partner, who is leading Tyrrells’ sales and market strategy. “The potato chip market is the United States is worth nearly $3.8 billion,” Turpin
said. “It’s a very exciting market to enter.” Based in Westport, Green Seed Group has helped more than 50 foreign brands seed, incubate and grow in the U.S. since the company formed four years ago. Bringing a foreign brand abroad is no easy feat, said Turpin, who also is a British expatriate. In the United Kingdom, companies mainly distribute through a few big cusBritish chip, page 6
Management key in tough economy • 8
Freimuth enters the ‘bump and grind’ of Hartford BY ALEXANDER SOULE
casoule@westfairinc.com
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tamford’s former economic development director Michael Freimuth has been hired to head the new Capital Region Development Authority (CRDA) formed this past June. Freimuth, a 57-year-old Fairfield resident, led Stamford’s economic development efforts while Gov. Dannel P. Malloy was mayor of the city. After Malloy stepped down to focus on his campaign for governor, the city of New Rochelle, N.Y. hired Freimuth to lead its development efforts. On his watch, the city has been developing an updated “comprehensive plan” of development, recently launching an online “mind mixer” forum at EnvisioNR.com to solicit ideas from the public. In Hartford, Freimuth enters the mix at the intersection of state government, Hartford, East Hartford, businesses and developers, in the wake of Connecticut passing a bill this year that strengthened the state’s oversight of CRDA, and later awarding millions of dollars in regional performance incentive grants for municipalities to work together to become more efficient.
Gold coastal property In brief
Bridgeport City Council approves C-PACE Bridgeport became the first Connecticut municipality to approve a Commercial Property Assessed Clean Energy program, also known as C-PACE, for businesses and industrial buildings in the city. Under C-PACE, the cost of an energy project may be funded by special financing arranged through the Connecticut Clean Energy Finance and Investment Authority (CEFIA), and repaid annually by the property owner through a special “benefit” assessment on their property tax bill. “We can now help private businesses operate their buildings more efficiently, lowering their energy costs without having to spend a lot of money on energy improvements,” said Mayor Bill Finch, in a prepared statement. Bridgeport businesses will now be able to engage with contractors to work on energy upgrades to their facilities. Businesses then seek approval for those energy upgrades from CEFIA, which will arrange low-cost financing.
Stamford, including innovative financing tools to lay the public infrastructure in advance of developer Building and Land Technology putting backhoes to work. “If we were to do it traditionally, we would … have to first have the project evolve and develop itself,” Freimuth said in 2007 of the Harbor Point financing proposal. “The mechanism is a little bit inverse than a normal bump-and-grind of the municipal bonding process.” As Freimuth readies for the bump and grind of his new job as a Hartford insider, the Connecticut Conference of Municipalities (CCM) released a report critical of what it says is an over-reliance on property taxes, which furnish more than 70 percent of local revenue. “If you’re a business, it doesn’t matter if you are turning a profit or not; that property tax still is due,” said James Finley, CEO of CCM. “It’s the largest tax on business in Connecticut and you don’t hear that enough from the business community. It’s not the corporate income tax – it’s the property tax that is the biggest burden on small businesses in Connecticut.” Among other moves, CCM says the state should shoulder more education costs, expand a revenue sharing system enacted
this year that parses out some revenue from sales taxes and other revenue, and expand incentives for towns and cities to work together. “The state of Connecticut over a period of time has really divested themselves of technical and financial assistance for towns and cities,” Finley said. “The Office of Policy and Management does not have the technical or planning assistance capacity as their colleagues would have in other states. We’d like to see that expanded and the new regional incentive grants were a great idea.” Connecticut appears to be moving in that direction, with CRDA’s board including the heads of the Office of Policy and Management and the Department of Economic and Community Development, as well as Hartford’s mayor and the CEO of the MetroHartford Alliance business group. In addition to promoting projects within its district, CRDA has the power to pursue those outside of its area. Construction has begun on the $567 million CTfastrak busway project that will provide commuter service between Hartford and points west, and Malloy still hopes to see a new commuter rail line established between New Haven, Hartford and points north.
Penmar buys Stratford building
Blumenthal warns FHFA
For $850,000, Penmar Industries bought a 14,000-square-foot industrial building at 35 Ontario St. in Stratford, with plans to relocate there from Norwalk. Angel Commercial L.L.C. brokered the transaction. Penmar is currently located at 1 Bates Ct. in Norwalk. The company provides packaging, labels, barcode printers and related products and services.
U.S. Sen. Richard Blumenthal berated the Federal Housing Finance Agency (FHFA) for plans to levy an additional fee on mortgage guarantees for Connecticut homebuyers, with the lender justifying the increase on grounds the state’s foreclosure safeguards tack on more time to any such proceeding. Blumenthal said FHFA’s argument ignores the benefits to homeowners, lenders and investors that come from having a fair judicial process that treats foreclosure as a last resort. FHFA controls Fannie Mae and Freddie Mac, which charge lenders a guarantee fee in exchange for assuming the risk that a loan will default. The guarantee protects investors in mortgages and mortgagebacked securities, making it cheaper and easier for home purchasers to get financing. The cost of the guarantee fee is generally passed along to the borrower. Homebuyers in Connecticut and New York would face a fee increase of 30 basis points or 0.3 percent, with those in New Jersey, Florida and Illinois also facing higher fees starting in 2013. FHFA is currently soliciting public comment on the proposal. “Connecticut’s commonsense judicial safeguards protect homeowners from
‘robosigners,’ fraudulent affidavits and other big-bank tactics,” Blumenthal said in a prepared statement. “FHFA’s proposed fee will significantly increase costs for all Connecticut consumers trying to achieve the American dream of homeownership.”
Freimuth’s familiarity with the Hartford area stretches back to his undergraduate days at the University of Connecticut, before moving on to George Washington University where he received a master’s degree in public administration. Freimuth’s career also took him through Bridgeport. Leading the city’s office of planning and economic development, he created the Bridgeport Port Authority and managed the development of the Harbor Yard district, now home to a ballpark and arena. CRDA replaced the Capital City Economic Development Authority (CCEDA), which was formed in 1988 and led development of the Connecticut Convention Center, a Marriott Hotel and Connecticut Science Center at Adriaen’s Landing along the Connecticut River in Hartford. CCEDA has been led by Jim Abromaitis, who said he thinks the model “should be in essence franchised to other large communities” to spur large-scale development. Whether or not Stamford needs the help is open to question, with the city boasting an equally impressive record with its Harbor Point development initiated during Malloy’s and Freimuth’s years in
Beinfield lands AIA award Norwalk-based Beinfield Architecture P.C. won the top award for business design from the Connecticut chapter of the American Institute of Architects, among firms with less than 50 employees, in recognition of its design of the Volo Aviation building at Sikorsky Memorial Airport in Stratford. Other firms receiving recognition included: • Greenwich-based Granoff Architects for its design of Louis Dreyfus Highbridge Energy’s Stamford headquarters; • Newtown-based Claris Construction’s work on BMW’s Ridgefield showroom; and • Westport-based Roger Ferris + Partners design of RBS Americas’ Stamford headquarters.
CORRECTIONS Due to a reporting error, a Page 1 headline and article in the Sept. 24 edition (“Antiques road show”) incorrectly described the ownership of New York City-based Illumé. The store is owned by Mark Candido and Ron Scinto, founders of The Antique & Artisan Center in Stamford. Due to a reporting error, a Page 8 brief in the Sept. 10 edition incorrectly stated Smiths Detection is shutting down its Danbury office. The Baltimore Sun reported in late August that Smiths Detection relocated employees from Danbury to Edgewood, Md., terming it a consolidation but not a closure. The captions for the pictures on the FC Buzz page in the Sept. 24 issue were flopped.
2 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
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Insurance inflation in check – for some BY ALEXANDER SOULE
casoule@westfairinc.com
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n 2012, membership in health savings accounts and other high-deductible plans increased at half the rate of the previous year, according to a new report which credited those plans for playing a role in keeping health insurance premiums nationally in check – though hefty hikes are in store for some Connecticut plans. Average family premiums in the Northeast totaled $17,100 this year, according to the Kaiser Family Foundation and Health Research and Educational Trust, which released their findings in an annual report of more than 240 pages. The organizations do not break down costs at the state level, lumping tiny Connecticut into the Northeast region that includes Pennsylvania, New York, New Jersey and New England.
“Double-digit increases in premiums were once a common occurrence, but we have not seen any since a 10 percent increase in 2004,” Altman stated, in a written commentary accompanying the findings. “These are strikingly low numbers to those of us who have been studying health costs for a long time. A 4 percent increase in health premiums is good news, although good news is seldom ‘news.’ But will it last?” Nationwide, premiums rose 4 percent on average for family plans, with the economy likely playing an impact along with high-deductible plans that are making some think twice about pursuing pricier medical options. And the foundation’s CEO Drew Altman warns not to discount the impact of wellness programs, accountable care organizations, disease management programs and other innovations in health care that are being more widely adopted. “Double-digit increases in premiums were once a common occurrence, but we have not seen any since a 10 percent increase in 2004,” Altman stated, in a written commentary accompanying the findings. “These are strikingly low num-
bers to those of us who have been studying health costs for a long time. A 4 percent increase in health premiums is good news, although good news is seldom ‘news.’ But will it last?” Helping to defray family costs under the Affordable Care Act will be some $13 million in rebates insurance carriers will pay as a result of not hitting minimum spending thresholds for medical care, calculated at 85 percent for premiums collected on large-group policies, and 80 percent of taken from small-group and individual policies. The rebates average between $125 and $200 per family in Connecticut; if a small amount of their total health care bill, nevertheless helping offset the 4 percent increase calculated by The Kaiser Family Foundation and Health Research and Educational Trust. The average amount workers contribute nationally to their health plans did not increase by a statistically significant amount. And the percentage of workers in high-deductible plans – those that charge $2,000 or more out-of-pocket for medical procedures – rose just 2 percentage points to 19 percent in all. Carriers have pushed through doubledigit increases on some of their group policies sold in Connecticut beginning Oct. 1, with ConnectiCare at deadline getting approval to increase its average smallgroup policy premiums 12.2 percent – it had sought a 13.5 percent hike – and its large group policies 10.4 percent. The Connecticut Insurance Department had turned down the EmblemHealth subsidiary’s 11.7 percent request. ConnectiCare had justified the figures based on projected increases in the cost of medical services and drugs, as well as the impact of the federal women’s health care mandate. Combined, the increases affect more than 100,000 members in Connecticut. At press deadline, the insurance department had yet to rule on additional filings by other carriers, including Wellpoint subsidiary Anthem Blue Cross Blue Shield, which had a pending request to increase rates 13.8 percent on small-group policies and 14.5 percent on individual health plans that provide major medical and prescription drug coverage, as well as a 5.5 percent increase requested by Oxford Health Plans on its largegroup policies. In August, state regulators approved a request from the UnitedHealth Group subsidiary to increase small-group premiums between 10.8 percent and 11.4 percent.
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012
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PERSPECTIVES America’s growing, pass-through business sector
xcerpted testimony of Scott Hodge, president of the Washington, D.C.based Tax Foundation, before the U.S. House of Representatives Small Business Subcommittee on economic growth, taxes and capital access. America’s entrepreneurs are facing tremendous uncertainty, thanks to the stalled economy and the impending expiration of the Bush-era tax rates at the end of this year. While there are many in Washington who believe that allowing top marginal tax rates to jump from 35 percent to 39.6 percent will have a minimal impact on passthrough businesses and the economy, this view is badly mistaken. The issue is not how few businesses will be impacted. The relevant economic question is how much business income will be hit with higher tax rates. No matter how you parse the data, the evidence is clear that the vast majority of pass-through business income is earned by high-income taxpayers and they would be disproportionately impacted by such a tax increase. Indeed, past Tax Foundation research determined that nearly 40 percent of any new tax revenue raised by boosting the top two tax rates would come from the top 2 percent of private businesses. These are the most successful, growing and profitable firms that are key to America’s economic recovery. In every sense of the word, this would amount to a “success tax” on our best and brightest entrepreneurs. The implications of allowing top marginal tax rates to rise are considerable because of the tremendous growth in non corporate business forms over the past 30 years. Today, there are vastly more non corporate businesses than traditional corporations and they now earn more net income than traditional corporations. Thus, an increase in the top individual tax rates could mean a substantial tax hike on a broad swath of private, or non corporate, business income … The growing, pass-through business sector To understand the impact of higher tax rates on business income, it is instructive to look at the tremendous growth in taxpayers reporting business income over the past three decades as sole proprietors, S corporations, limited liability corporations (L.L.C.s), and partnerships. These non corporate firm types are often referred to as “pass-through” entities because the firm’s profits are passed directly through to the owners and taxed on the owner’s individual tax return. By contrast, the profits of
traditional C corporations are taxed at the corporate level first before being distributed to the owners (shareholders) who are then taxed again at the individual level. Between 1980 and 2008, the total number of pass-through businesses nearly tripled, from roughly 10.9 million to 31.8 million. Specifically … the number of sole proprietors grew from 8.9 million to 22.6 million, while the number of S corporations and partnerships (which include L.L.C.s) grew from 1.9 million to more than 7 million. Meanwhile, the number of traditional C corporations declined steadily from 2.2 million to 1.8 million between 1980 and 2008. The popularity of C corporations as a business form ended by the late 1980s when they were exceeded in number by S-corps and partnerships. These alternatives to the C-corp have continued to grow at such a rapid rate that there are now three and onehalf times as many S-corps and partnerships as traditional corporations. Over time, as these pass-through firms grew in number, size and profitability, they began to collectively generate more net business income than traditional C corporations … Between 1980 and 2008, after adjusting for inflation, net income for C-corps roughly doubled during the period, from $752 billion to $1.4 trillion in 2005; and then collapsed to roughly $1.1 trillion in 2008. By contrast, the combined net income from pass-through businesses increased sixfold, from $315 billion, after adjusting for inflation, to more than $1.8 trillion in 2007, before settling to $1.7 trillion in 2008. In 1998, the combined net income of pass-through businesses exceeded those earned by C-corps for the first time and, except for 2005, have remained above C-corp net income in every year since. Indeed, in 2008, the net income of pass-through businesses comprised 61 percent of all net business income. It is often assumed that a tax increase on high-income individuals will have little impact on business activity because only 2 or 3 percent of taxpayers with business income are taxed at the highest rates. While it is true that there are a small number of high-income pass-through businesses, the more economically meaningful statistic is how much overall business income will be taxed at the highest rates. Millionaire status is fleeting Debates over the equity of the tax burden tend to treat millionaires as a monolithic group even though research suggests that
there is a significant amount of churning in and out of this elite status. Indeed, a recent Tax Foundation study used special Treasury panel data to look at the mobility of “millionaire” taxpayers between 1999 and 2007. It found a great deal of mobility among the so-called rich. During this nine-year period, about 675,000 taxpayers earned more than a $1 million for at least one year … Of these taxpayers, 50 percent (about 338,000 taxpayers) were millionaires for only one year, while another 15 percent were millionaires for only two years. By contrast, just 6 percent (38,000 taxpayers) remained a millionaire in all nine years. Based on these results, it is clear that taxpayers move in and out of millionaire status with great frequency. The volatile nature of capital gains realizations and business income appear to be the leading factors for the transiency of millionaires. The key question is, what is the ultimate impact of raising the top two tax rates on the most successful pass-through businesses? Tax Foundation economists measured this cost in 2010 when the Bush-era tax rates were first set to expire. They found that assuming that business income is the last dollar of income taxpayers earn, that 39 percent of the total tax increase on highincome taxpayers would be extracted from business income. According to the most recent revenue estimate from the Joint Committee on Taxation, the revenue gain from increasing tax rates on taxpayers earning more than $250,000 would raise $966 billion over the next 10 years. Assuming that the Tax Foundation’s earlier 39 percent estimate still holds, this means that roughly $377 billion of these new revenues would come from successful pass-through businesses. As lawmakers consider policies to improve the competitiveness of American businesses, they should not forget that individual income tax rates are just as important to business activity as the corporate rate. The various proposals to raise income taxes on high-income earners, either by increasing the top marginal rate, closing “loopholes,” limiting deductions or implementing a minimum tax, would fall very heavily on America’s non corporate businesses. These flow-through businesses account for a large percentage of business income and employment in the United States. Raising taxes on them at this time could curtail their hiring and other investment plans, further delaying economic recovery.
FAIRFIELD COUNTY
BUSINESS JOURNAL • Main office telephone. . . . . . . . (914) 694-3600 • Newsroom fax. . . . . . . . . . . . . . (914) 694-3680 • Sales fax. . . . . . . . . . . . . . . . . . . . (914) 694-3699 • Research fax. . . . . . . . . . . . . . . . (914) 694-3682 • Editorial e-mail. . . . . casoule@westfairinc.com Or write to: Fairfield County Business Journal 3 Gannett Drive, Suite G7 White Plains, N.Y. 10604-3407 www.westfaironline.com Publisher • Dee DelBello Managing Editor • Bob Rozycki
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Chief Operating Officer • Michael Gallicchio Office Manager • Sylvia Sikoutris
Fairfield County Business Journal (USPS# 5830) is published Weekly, 52 times a year by Westfair Communications, Inc., 3 Gannett Drive, White Plains, NY 10604. Application to mail at Periodicals Postage rates is pending at White Plains, NY, USA 10610. POSTMASTER: Send address changes to: Fairfield County Business Journal: Westfair Communications, Inc., 3 Gannett Drive, White Plains, NY 10604. More than 40 percent of the Business Journal is printed on recycled newsprint. © 2012 Westfair Communications Inc. All rights reserved. Reproduction in whole or in part without written permission is prohibited
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The Business Journal welcomes letters to the editor and opinion columns. Submissions must include the writer’s name, home or business address, email address and telephone number for verification purposes. The Business Journal reserves the right to edit submissions for accuracy, style and space considerations. Email submissions to casoule@westfairinc.com. Submissions may appear in print and online.
4 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
social media trends
by bruce newman
Content marketing on Facebook
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ith its huge following, Facebook continues to be the primary platform for many successful strategic marketing campaigns. When used effectively, the social media site can greatly help any business build a following and attract significant attention. Content marketing plays a critical part in this success. There are several specific and general rules that content marketing must follow. Most importantly, social media is designed to be social. Many people try too hard to sell their product or service and in the process quickly turn people off, paying the high price of lost potential business. Conversely, other people are so afraid of antagonizing their network with their postings that they very rarely post effective marketing content. This latter situation is a particularly common problem on Facebook. People are looking to be entertained. It’s a key component of webinars, presentations and social media. When people present a webinar, one reason why they vary their tonality and emphasize their enthusiasm is to relay this impression to their audience. This is one of the major differences between presenting online and in-person. If your content is too technical, people will not read it. They don’t want to know the details, just the gist of your post. That’s one of the primary reasons why the title of your post is so important. It can generate enormous interest if it is truly exciting or useful. Even if a small subset of your audience is interested in the technical aspect, you are much better off referring them to a technical article on your blog or website than attempting to post it on Facebook. I consider 2012 to be the year of content management as its power has permeated throughout the social media world. Both the quality and quantity of posts can greatly affect the success (or failure) of branding, sales and strategic marketing campaigns. Since people are increasingly seeking information online that they find useful or entertaining, it’s particularly relevant. Unfortunately, they are also exhibiting a marked decrease in patience and only occasionally closely read past the title and first few paragraphs of an article. Many astute writers are therefore putting their most important information toward the top of the article or highlighting its presence. The requirement to include pictures on many platforms is also becoming increasingly commonplace. Technorati, a highly popular blogosphere website, will not accept any article without an image. Facebook’s edgerank (which determines what goes in
your newsfeed) is quite sensitive to the posting of images and videos, which in turn elicit likes and comments. According to a recent study by Simply Measured, “Videos are shared 1,200 percent more than links and text posts combined and photos are liked 200 percent more than text updates.” More traffic is now referred from Pinterest than LinkedIn, Twitter, StumbleUpon and Google+ combined. My prediction is that by 2014, the majority of social media content will be visual. That’s not to say that there won’t continue to be a voluminous amount of text that will be published, but the real emphasis and most effective traffic will be visual. There will also be many relatively new sites like Instagram and Pinterest along with an increasing number of 30- and 15-second video sites like Shoutz. In July, Instagram reported that it had 80 million users. It is now one of the fastestgrowing online networks and 40 of the top 100 brands are currently using its service. This is why Facebook bought Instagram for $1 billion earlier this year and why Facebook stock will likely be a good short-to-longterm investment, particularly given its currently depressed price. Promoting your brand or fan page on Facebook can easily be aided by what you post on your wall. While your friends and subscribers won’t be appreciative if you constantly try to drive them to your blog or fan page, an occasional posting for some relevant and business-related article or content (say one in nine postings depending on your frequency of posting) is a reasonable number. It also helps if you post at the same time every day and create and adhere to an editorial calendar. If the title or image of your post is appealing, your audience might just follow the link or share it with their social network. One final aspect concerning content marketing is the need to constantly monitor the reaction and response from your audience. It is usually fairly obvious to see what elicits a response and what is ignored. By adjusting your postings accordingly, you can significantly increase their reach and effectiveness. Bruce Newman is the president of wwWebevents.com, a division of The Productivity Institute L.L.C. in Carmel. He is a social media guru and a specialist on webinar creation and promotion. He can be reached at bnewman@prodinst.com.
Citrin Cooperman Corner
Achieving and Maximizing Profitability BY MARK L. FAGAN, CPA CITRIN COOPERMAN There can be no question that these are challenging times for businesses. A stopand-start economy has prompted many companies to look harder than ever for ways to prop up profitability. Here are a few: Your Receivables Closely monitor aging receivables. Cash flow is critical to every business. Yet many companies continue to operate under the philosophy that a sales process ends when the sale is made and the invoice is forwarded. They fail to monitor their receivables. Have the right person making collection calls. When an invoice is more than a couple days past due, someone from your company must get on the phone and make a difficult call to the customer. The importance of your choice of this customer service person cannot be overstated. The employee responsible for A/R collections should understand that collections calls are part of his or her job description. You should make collection effectiveness part of their performance review, and consider giving bonuses for keeping receivables in control. Your Payroll Rethink your commission structure. Basing your sales commission structure on net income, gross sales or other uncontrollable metric is asking for trouble. Commissions should be based on a metric your sales person can understand and control, namely, collected gross profit. As a result, sales personnel who negotiate prices will resist a sale with gross dollars and no profit. Also, commissions should be paid only after customer payment has been collected. Review each job description. Especially during difficult economic times, everyone in the company must be productive. Knowing each employee’s duties and how long those duties should take is critical to understanding your payroll requirements. Sit down with each employee and ask a direct question: “What do you do every day?” Have them explain their day-to-day activities, and how long each of those activities typically takes to complete. (Don’t dismiss the idea of time sheets, either.) Then determine if you have excess headcount, and adjust accordingly, either by layoffs, encouraging early retirement, or not filling job vacancies and reassigning duties. Your Operations Consider outsourcing. Look to farm out functions that are not the specialty of your company. Outsourcing manufacturing, human resources, IT, repairs
service, and/or other non-core expense centers can save money and, more importantly, free up precious time for you and your employees to focus on core business activities. Monitor actual vs. budget regularly. It’s one thing to prepare a realistic budget; it’s quite another to keep that budget handy and review it often. Compare your budget to actual expenses every month,and analyze and understand the variances. Look for answers to questions such as “What are our actual operational costs? Payroll costs? What is our real profit by job? By client? By segment? Do we have the ability to break down our business at its lowest level?” Your Management Maintain your discipline. What is the #1 biggest failure of companies? Management. Specifically, management’s failure to maintain business discipline as the company grows. Separate yourself from the “noise” of the daily grind on a regular basis. Budget time every week to monitor the best practices discussed above, and think and act strategically to execute on strategies. Typically most businesses have 7 to 10 key drivers that are most important to their profitability. Understand these profitability drivers and implement protocol, monitoring and incentives to ensure these key profitability measurements are maximized. Enforce day-to-day execution of strategy from management on down. Expect yourself and your employees to complete projects in superior fashion. (Initiatives that start and die are better off not started at all, as they send a message to the employees that failure is acceptable.) Establish and maintain a culture of excellence that cascades down from the top. Look to the future. Anticipate your company’s needs two years, five years, 10 years down the road. Many future expenses can be predicted now, and the time to budget and prepare for them is today. These may include: • Replacement of machinery • Moving or expanding facilities • Buyout of partner(s) • Technological obsolescence of products Effective management includes planning for these and other future events that will affect your business. The next Citrin Cooperman Corner column will appear on this page Monday, November 5, 2012 dealing with corporate governance. About the author: Mark L. Fagan is the Managing Partner of Citrin Cooperman’s Norwalk office. Mark can be reached by phone at 203-847-4068 or via email at: mfagan@citrincooperman.com. Citrin Cooperman is a full-service accounting and business consulting firm.
A MESSAGE FROM CITRIN COOPERMAN FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012
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BRITISH CHIP — From page 1
tomers, but in the U.S. there are multiple distribution channels, such as the natural or special food channels, that a company can consider. This month Tyrrells began selling at
OFFICIALS QUESTION — From page 1
ation of 8,000 jobs through the first eight months of 2011. The news was hardly better in Fairfield County, where unemployment was 8.4 percent in August, up from 8 percent in August 2011, as the number of employed county residents declined by 4,500 during the 12-month stretch. The unemployment rate increase from July to August represents the largest percentage-point monthly increase in Connecticut’s unemployment rate since 1976, when the current reporting methodology was instituted. However, Gov. Dannel P. Malloy said in a statement that he was “skeptical” about the data, which he said are contradicted by other job market indicators. Among them, average weekly initial unemployment insurance claims for first-time Connecticut filers decreased to 4,779 in August from 4,802 in July, and were down by 2.9 percent compared with August 2011. In addition, Malloy said tax withholdings were up 3.6 percent. “Those two trends are the opposite of what you would expect to see if the state was losing jobs at the rate suggested in this report,” Malloy said. “However, I am well aware that we continue to battle strong headwinds at the national and international levels.” Mark L. Fagan, managing partner of Citrin Cooperman’s Connecticut accoun-
Fairway Market in Stamford and other locations operated by the New York-based chain, and next month the chips will be sold at Duane Reade pharmacies. But for the most part, the brand has chosen the natural and special food distribution routes that sell mostly to affluent customers looking for interesting varieties. For a 5.3-ounce package, the chips cost $3.99. Turpin said he advises foreign companies to start distributing in small batches to make sure there are strong sales before expanding. Although the company isn’t offering its most intensely British varieties just yet – such as Ludlow Sausage & Mustard, or Honey Roast Ham & Cranberry – there are seven flavors currently available: • Lightly Sea Salted; • Sea Salt & Cider Vinegar; • Mature Cheddar & Chives; • Sweet Chili & Red Pepper; • Sea Salt & Cracked Black Pepper; • Worcestershire Sauce & Sundried
Tomato; and • Beetroot, Parsnip & Carrots. Turpin said the company has been easing into its offbeat flavors by offering varieties that are mainstream but with a twist; instead of sea salt and vinegar, it’s sea salt and cider vinegar. At many of its sales locations, the chips have been selling out, which leads to one of the main challenges in selling a product abroad – importing. All the company’s potatoes are from 10 family farms in West England and after the chips are made, they spend 10 days at sea traveling to a New Jersey distribution warehouse. For Tyrrells, the struggle is to bring in a fresh product, keep up with demand and continue to slowly build its customer base. “Small brands that offer something unique can be successful in a tough market,” Turpin said. “The way to be successful is to give consumers something different and that’s what they’re doing.”
tant and business consultant practice, said many of the firm’s clients have reported difficulties in finding the right candidates for openings, lending credence to Malloy’s argument. “Maybe Malloy is right to be skeptical of the numbers because you’d think with it (unemployment) being that high, you’d have some good, qualified people out of work,” Fagan said. Independent of any revisions, however, Fagan said the August jobs report does little to assuage business owners’ anxiety over the stagnant economy. “The biggest thing I see with my clients in Connecticut is that the economy, in their eyes, is just treading water,” he said. Industry groupings that reported job gains in August included the education and health services sector, which added 500 jobs; the information sector, which added 400 jobs; and the financial activities and professional and business services sectors, which each added 100 jobs. Losses came in the leisure and hospitality sector, where employment dropped by 3,100; the trade, transportation and utilities sector, which reported losses of 1,400 jobs; the construction and mining sector; which reported losses of 1,300 jobs; and the manufacturing sector, which reported losses of 1,200 jobs; among others. Statewide, just two of the six major labor market areas – Danbury and Waterbury – had job gains in August, while the Norwich-New London, New Haven, Bridgeport-Stamford-Norwalk, and
Hartford-West Hartford-East Hartford regions all saw job declines. Connecticut has recovered 30,100, or 25.6 percent, of the 117,500 total nonfarm jobs lost from March 2008 to February 2010, with the state’s private sector employers recovering 40,400, or 36.7 percent, of the jobs lost during the recession. Andy Condon, research director at the Labor Department, said in a statement that the office “can find no corroborating evidence that the record losses in employment and increases in unemployment, indicated by the household survey, are occurring at this magnitude.” In addition to the decrease in unemployment claims, Condon said other indicators, such as layoff events and reports of business expansions and contractions, “do not support the sudden and steep decline” in the state’s unemployment rate. Peter M. Gioia, vice president and economist of the Connecticut Business and Industry Association, echoed state officials, calling the August employment report “suspect.” “Obviously, the economy in both the U.S. and Connecticut has been slowing, so it’s not surprising to see a negative net job number,” Gioia said in a podcast. “I think the report is a warning sign that efforts to add jobs need to be redoubled and need to be priority number one. There will be revisions to this report as there have been to others, and these will be upward revisions.”
Mompreneur — From page 1
er-owned businesses, located in Fairfield, Litchfield and New Haven counties, as well as Westchester County in New York. Once the site gets off the ground, however, Avery plans to expand the business nationally. With nearly 10.1 million womenowned businesses in the United States, the potential growth for the directory is strong. In fact, mompreneurs are the fastest growing business segment in an otherwise sluggish economy, according to the Center for Women’s Business Research. Avery, a professional model and business owner, got the idea for the site when she realized many other mothers in the area had their own home businesses and wanted to support each other. With the help of the University of Connecticut School of Business Stamford Learning Accelerator (SLA), the directory is off to a strong start. Earlier this year SLA chose the company as a project to incubate and help grow through the help of students studying marketing, public relations and business. Since going live five months ago, the site has more than 40 companies listed in categories ranging from fitness and wellness to art and photography. It costs $225 to advertise on the site for a year, which is a relatively low price to aid lowbudget mompreneurs. Though women own roughly 30 percent of all businesses, they receive less than 10 percent of venture capital funding, according to various expert sources. The also only contribute to 4 percent of all business revenue, according to a recent American Express study. Though the primarily goal of the site is to help mothers, anyone can advertise on or use the site. There are often discounts listed for the site users as well. Melanie McGuire was one of the first mompreneurs to sign up for the site. A mother of three, McGuire has her own infant and pediatric massage business called Full Circle Healing Massage. Whereas other mompreneurs services can be self serving and take advantage of mothers, McGuire said she could tell Avery’s site was truly an effort to help out other moms by giving their businesses exposure. McGuire does most of her work for free to help disadvantaged families, and it’s the paying families that support her being able to doing that. By advertising on the site, McGuire said she hopes she’ll find more parents who are able to pay for her lessons. Right now McGuire is fundraising $4,300 for a trip to Vietnam to teach massage therapy lessons in nearly 30 orphanages. She’s raised $3,000 already. “Hopefully the website will bring in new business,” McGuire said with a laugh. “Maybe someday I’ll make some money.”
6 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
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Contact Lia Grasso of Prudential Douglas Elliman at lia@liagrasso.com or call (914) 584-8440 for more detailed information and a visit to this Ridgefield, CT masterpiece.
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012
7
Management key in tough economy BY JENNIFER BISSELL
Doing Business in China What is your China strategy? On Thursday, October 11th, HSBC and the Westchester County Business Journal invite you to an exclusive panel discussion with the theme of Doing Business in China: Selling into the Chinese Market. More than 90% of the world’s top 500 companies are doing business in China. Exports from the United States to China grew 542% during the period from 2000 to 2011. So, if you’re not already doing business in China, you might be wondering why your’re not; and chances are, your competitors are already there. There are unlimited opportunities for business exppansion; however, sucessfully selling into the Chinese market can be extremely challenging. The Chinese consumer is unique in the world. As you consider selling into the Chinese market what challenges will you encounter? Should you be using sales arrangements with the Chinese Distributors? What options exist? How do I protect my proprietary assets? You will have to work really hard to earn their disposable income, but if you’re prepared and get the formula right, the efforts can be exceedingly rewarding.
Come hear from our panel of experts and learn how to launch your China strategy.
jbissell@westfairinc.com
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anagement is the key to profitability in a tough economy, according to speakers at a Citrin Cooperman seminar Sept. 19. Speaking on common pain points and how to maximize profits, speakers addressed how to identify key profit drivers, control expenses and be proactive when it comes to taxes and new health care regulations. “We can all agree the economy has been less than robust,” said moderator Alan Badey, Citrin Cooperman managing partner. “But more important than the industry you’re in is your management. Management is taking the bull by the horns and making the decisions a business needs to.” Citrin Cooperman is an accounting, tax and consulting agency with five regional offices, including offices in Norwalk and White Plains, N.Y. The “Put it into gear” seminar was the second part in a three-part series, “Driving your business.” The third seminar Dec. 6 will be held at Westchester Country Club in Rye, N.Y., and will discuss succession planning.
Becoming more profitable Andrea Ratay
Paul B. Edelberg Steve L. Henning Robbin Price MODERATOR
Andrea Ratay: Vice President, Senior Regional Trade Manager/ HSBC Trade and Supply Chain Division
PANELISTS Paul B. Elderberg: Partner, Fox Rothschild LLP, Attorneys at Law Steve L. Henning: Partner-in-Charge, Litigation and Corporate Financial Advisory Services, Marks Paneth & Shron LLP Robbin Price: Head Retail/Middle Market Foreign Exchange Desk, HSBC Bank USA, N.A.
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Citrin Cooperman doesn’t just prepare tax returns, said Mark Fagan, a Citrin Cooperman managing partner. What drives the business is practice development, billings, collections, realization and utilization. Fagan said the most successful businesses right now are the ones that are able to identify five to 10 key drivers, similar to Citrin Cooperman’s, and then monitor and commit its entire staff to them. Drivers are what keeps a company profitable and should be used to make daily business decisions, set budgets and track the progression of the company, he said. Sometimes there can be resistance in adopting drivers, in which case Fagan said it’s important to prove to everyone how the commitment will improve the business. “The most successful businesses are the ones that are getting the most out of every employee,” he said. A fast way to increase profits is to reduce costs, argued Tim Kirby, Expense Reduction Analysts director. If a company can reduce costs by 20 percent, it will see a 40 percent increase in net profit, he said. Expenses, such as a company’s energy, supplies, telecommunication, taxes and cleaning costs, can go overlooked. Suppliers can get comfortable in their rela-
tionships with companies and stop offering their best price. “Every dollar saved goes directly to your bottom dollar,” Kirby said. To create a competitor tension with suppliers in order to get their best price, Kirby suggested creating a formal request for proposal to alert suppliers that the selection process is competitive. Or a company could sit down with a supplier to discuss ways the business could become a better customer in order to receive a better rate, whether that means changing delivery times or buying more supplies.
Planning ahead for taxes, healthcare When it comes to dealing with state and local taxes, it’s best to be proactive, said David Seiden, a Citrin Cooperman partner who leads the firm’s state and local tax practice. The tax environment has been getting more complex and the possibility for an audit is becoming more likely as states look for additional sources of revenue, Seiden said. If a company is proactive, rather than reactive, it will likely have to spend less time and money preparing for audits and paying penalties. Cross-border sales tax is commonly a pain point, as businesses may or may not have to register in each state to collect and remit taxes. If a company doesn’t voluntarily disclose violations, however, the price it pays can be high. Owners can be held personally liable and there is no limit to how far back fees can be assessed if a company has historically been in violation. With the Affordable Care Act, companies with more than 50 full-time employees will be required to offer affordable insurance by 2014, or face a penalty. With heavy fines and evolving regulations, it’s important to begin planning ahead, said Russell Carpentieri, Opus Advisory Group managing director, who manages the firm’s health care practice. If a company doesn’t offer insurance, it will be charged $2,000 per employee, minus the first 30 employees. If the insurance is unaffordable, the company will be charged $3,000 per employee who receives a tax credit. Plans are classified as unaffordable if the premium costs employees more than 9.5 percent of their income. For instance, if an employee makes $20,000 in W-2 wages, the employee contribution to the premium can’t exceed $1,950 a year. Companies that don’t plan ahead will be damaged, Carpentieri said.
8 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
Fairfield promoter, artist to participate in White Plains crafts show BY MARY SHUSTACK
mshustack@westfairinc.com
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hen the doors open for the 19th annual Westchester Fine Craft Show Oct. 12, discerning collectors – and enthusiastic shoppers – will find an array of couture fashion, jewelry, furniture and decorative accessories on display from more than 100 artisans from across the nation. The juried showcase, which will run Oct. 12-14 at the Westchester County Center in
going to find it.” The participants, she added, “are really fine craftspeople. They studied their art, they studied their craft for years. There’s an artistry to what they’re doing. They’re designers, as well.” The show, which has a strong local following, is known for presenting one-of-akind creations that reflect the finest technical skills, an unwavering quality of workmanship and a strong and original sense of design.
Kari Lonning, a Ridgefield-based basket artist, is a show veteran who says the show not only allows patrons to meet the artists but also truly see – and appreciate – the work. “No matter how great the photography is, the real thing is better,” she said. This year, a special “Meet the Artists Show Preview” will be held from 8:30 to 11 a.m. Oct. 12. Proceeds from the sneak-peek morning will benefit the Child Life and Creative Arts Therapy Program at Maria Fareri
Children’s Hospital at Westchester Medical Center. Tickets are $40, with all proceeds going directly to the program. The show will run from 11 a.m. to 6 p.m. Oct. 12; 10 a.m. to 6 p.m. Oct. 13; and 11 a.m. to 5 p.m. Oct. 14. Admission is $12, $11 for senior citizens and free for children under age 12. (Please note payment on site is by cash only.) The county center is at 198 Central Ave. White Plains. For complete details, including the purchase of benefit tickets, visit craftsamericashows.com or call (203) 254-0486.
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9
Laurels for Landis Group International Paper bought Champion in 2000, then relocated its headquarters in 2006 to Memphis, Tenn. If a blow for Stamford’s and by extension Connecticut’s reputation as a corporate haven, the International Paper relocation also provided a handy pressure valve for UBS, which at the peak of the last economic cycle required overflow space for its main building at 677 Washington Blvd. With both UBS and 400 Atlantic tenant American Express now scaling back their presence in the building, however, other companies are getting the opportunity to comparison shop 400 Atlantic against other
Tom Izzo is aiming for LEED gold certification for Landis Group’s 400 Atlantic.
BY ALEXANDER SOULE
BOMA’s building of the year award goes to 400 Atlantic St. in Stamford, managed by The Landis Group.
casoule@westfairinc.com
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OMA International’s southern Connecticut chapter bestowed its building of the year award on 400 Atlantic St. in Stamford, among those that are the largest in Fairfield County, with the facility managed by The Landis Group. Only 20 or so multi tenant buildings and office parks exist in Fairfield County of sufficient size to qualify for the BOMA award won by New York City-based The Landis Group, not including other large buildings that house single corporations, hospitals or other large organizations. An acronym for Building Owners and Managers Association, BOMA International’s awards span the gamut, including historic buildings, those that have undergone renovations, and an “earth” category recognizing environmental and energy measures, among others. This past week, The Landis Group submitted its application for Leadership in Energy and Environmental Design (LEED) certification from the U.S. Green Building Council, having already secured the U.S. Environmental Protection Agency’s “Energy Star” label. The building at 400 Atlantic totals 500,000 square feet of space on 15 floors, with tenants including UBS and American Express, as well as Harman International Industries Inc., a maker of auto infotainment and sound systems. Originally built in 1980 as Champion International’s headquarters, the building was opened up to other tenants after
available buildings in downtown Stamford, with CBRE Group, Inc. handling leasing inquiries on behalf of The Landis Group. Tom Izzo, the senior real estate manager at 400 Atlantic, said inquiries have picked up in the past few months noticeably from earlier this year, and is hopeful companies are becoming more confident in an economic recovery. Izzo himself was named BOMA’s “member of the year” in 2009. In Stamford, uncertainty remains over whether Stamford-based Building and Land Technology is reserving its BLT Financial Centre at 695 E. Main St. for a single, large tenant, or whether it will make the building available to smaller tenants. That decision could have a ripple effect on other downtown landlords including, The Landis Group, RFR Realty, Malkin Properties and even BLT itself, which is still leasing up newly built offices in its emerging Harbor Point development south of Interstate 95. Last month, Westport-based Bridgewater Associates passed up the opportunity to take the ready-built BLT Financial Centre in favor of building a new waterfront facility at Harbor Point, leading some to speculate that BLT has a tenant lined up for 695 E. Main St. BLT itself was the 2011 recipient of the office building of the year award, which BOMA members nickname TOBY, for its Towers complex in Norwalk.
10 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
Improved hospital data systems on horizon BY JENNIFER BISSELL
jbissell@westfairinc.com
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ith a successful implementation at Bridgeport Hospital, a new real-time health care information system is about to take off nationally. Based in Westport, SAMI Health Inc. has developed a web-based, searchable database that makes browsing patients’ medical records and directions for treatment easier for health care professionals. The goal of the technology is to reduce medical errors and improve the quality of care given to patients. “If medical errors were a disease, they would be the sixth largest killer of patients in the country,” said Matt Walton, SAMI Health CEO, quoting a recent Wall Street Journal article. “Sadly, medical errors occur all the time in every hospital, no matter how committed – which they are – to delivering highquality care.” About two years ago, Bridgeport Hospital, a member of the Yale New Haven Health System (YNHHS), was the first to use SAMI at its 383-bed facility. Since adapting the technology, the hospital has been able to improve its performance-quality measures by 4.6 percent, said Michael Ivy, Bridgeport Hospital chief medical officer. “An increase of 4 percent may not seem like a lot of improvement, but it is a tremendous improvement,” Ivy said. “(SAMI) helped us recognize issues when they were
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still fresh in everyone’s minds, so we could In July, Bridgeport Hospital, Yale New within minutes, book a flight, hotel and find the actual problem and fix it.” Haven Hospital and affiliate Greenwich transportation for a vacation all from the All from a smartphone, tablet or desk- Hospital were named among the “most same website, the equivalent isn’t postop computer, SAMI can continuously wired” in the nation by the American sible when treating patients under the monitor data through various sources, Hospital Association’s trade magazine current standard technology. “If you want to find out info on the spot problematic trends, suggest pos- Hospitals and Health Networks. sible diagnoses, identify complications For more than two years, hundreds patient you can’t go browse ‘Matt,’” Walton and alert providers to document errors. of employees at YNHHS have worked to said. “You can’t easily say, ‘Show me all the Hospital staff, such as physicians, phar- implement an electronic medical system patients that are over 65, have a history of macists and coders, can create custom- (EMS), spending $250 million across its prostate cancer (and) are allergic to peniized data functions using the technology. hospital network. SAMI works on top of cillin.’ … That’s a complicated question, And patients are allowed access their own any EMS and may be the network’s next not dissimilar to planning a vacation.” “Health care has been very, very, very medical information, empowering them step. It takes less than 90 days to impleto participate in their care as well. ment the technology and is as intuitive to slow to adapt and embrace new techYNHHS is in the process of evaluat- use as a website, the company guarantees. nology,” he continued, mentioning the ing the technology to be used throughout Current health care information originally purpose of medical informaits network and SAMI Health is in the systems are very complex, difficult to tion systems was for billing. “We are very midst of similar discussions with hospi- navigate and require multiple programs, pleased and proud, frankly, to be one of DDI-1062 DM country. CT 7.375x7.125-BW:DDI-1062 DM CT said. 7.375x7.125-BW 12/21/11can, 3:33the PM innovators Page 1 out there.” tals across the Walton Whereas consumers
The art of making people smile. Delta Dental knows what it takes to keep you and your employees happy. At Delta Dental, we can help you create a dental plan that’s sure to paint a smile on your employees’ faces: • Expertise. We’re part of the most experienced dental benefits company in the country. • Flexibility. We can help you design a plan that meets your needs and budget—without compromising on value. • Network of Dentists. We offer access to the largest network of dentists in the U.S.—with 4 out of 5 dentists participating nationwide. • Simplicity. You can count on us for easy plan administration. • Customer Satisfaction. Add it all up: the largest network, unbeatable expertise, flexibility, value and cost savings, and it’s easy to see why Delta Dental is your best choice. Delta Dental. We’re committed to promoting oral health for all your employees. Call 1-860-633-9200 or visit www.deltadentalct.com. In CT, Delta Dental Insurance Company writes dental coverage on an insured basis and Delta Dental of New Jersey administers self-funded dental benefit programs.
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012 11
Show ’em the money
BY JENNIFER BISSELL
jbissell@westfairinc.com
F
unding small business growth was the hot topic at the Bridgeport Business Showcase Sept. 20 held at Webster Bank Arena. “A lot of businesses have been coasting the last couple years,” said Sarah Belanger, Small Business Development Center (SBDC) program assistant. “Now that they’re starting to come up and business has been stabilized, they’re thinking about growth.” Hosted by the Bridgeport Regional Business Council and five surrounding chambers of commerce, the showcase had
the Connecticut State University system, SBDC offers free counseling, seminars, technical assistance and education for businesses looking to start up or grow. Last year the group established a new office at the Bridgeport City Hall Annex. SBDC’s main objective for attending the showcase was raising awareness about courses offered at their Bridgeport facility and the EXP program. Offering other routes for funding, HEDCO Inc., a nonprofit community development financial institution, also has been more than 2,000 business leaders in atten- busy helping businesses expand. While banks and financial institutions dance across 200 industries. The daylong event held more than 30 workshops focused have scaled back on small business loans, on sales, marketing, technology and man- HEDCO has increased. Before 2008, the agement. More than 70 businesses held open group administered an average of 80 loans per year, totaling to $4 million. Last year the booths on the arena floor. Manning the SBDC booth, Belanger said company administered $6 million across the top concern among visiting businesses 120 loans. The group is on track to meet and was finding funding. Interest in applying for possibly surpass that amount this year, said a loan or grant through Connecticut’s Small Fernando Rosa, HEDCO deputy executive director. Business Express (EXP) program, hasJOB been 9-030 Through private organizations, foundahigh, Belanger said. The program doled out 10 X 5.625 roughly $100 million in loans and grants in tions, city funds and state programs such as BUSINESS JOURNALS EXP, the nonprofit has been able to invest the first half of 2012. Working in collaboration with the U.S. in businesses that would have been deemed Small Business Administration (SBA) and risky by other financial institutions, either
because of poor credit and cash flow or lack of collateral. “Instead of putting businesses in a box, I try to expand the box,” Rosa said, noting his loans have flexible terms. HEDCO services businesses statewide, but a major source of funds comes from the Hartford Foundation for Public Giving, which only goes to business in Hartford. In the future Rosa said he’d like to work with other regional foundations on establishing similar programs. “There’s a lot of displaced people out there,” said Lisa Powell, SBA business development specialist. “We’re asking people to think about what their dreams are.” If a small business needs a credit enhancement for a loan, the SBA backs small business loans with financial institutions for 70 to 85 percent of the loan amount to mitigate the bank’s risk. In 2011, after Obama signed the Small Business Jobs Act in 2010 to give more funding for SBA loans, the Connecticut SBA office increased the number of loans its backs by 20 percent compared to 2009. “Small businesses are the backbone of America,” Powell said. “It keeps the state’s economy thriving.”
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12 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
State debuts green building tax credit BY ALEXANDER SOULE
casoule@westfairinc.com
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onnecticut is readying to award tax credits for “green” buildings, with the application requiring a $10,000 nonrefundable fee, and the state reserving the right not to award a tax credit if “in the best interest of the state.” Developers are eligible for the credit whose commercial properties meet the U.S. Green Building Council’s Leadership in Environmental and Energy Design (LEED) gold standard. Administering the program are the Connecticut Office of Policy and Management (OPM) and the Department of Energy and Environmental Protection (DEEP). Only a handful of Fairfield County commercial buildings have won LEED gold status to date, although dozens more are seeking LEED certification under varying programs. New York became the first state in the country to enact a tax credit program for green buildings, in 2000, with Maryland and Oregon also offering incentives. Under a new law this past June, Connecticut authorized up to $25 million for the Green Buildings Tax Credit Program, with no cap on any individual tax credit, but the program setting a statutory limit of $250 per square foot for new construction or $150 per square foot for renovation work. Companies can only take tax credits on additional costs needed to push a building into LEED gold territory. For new construction, the tax credits amount to 8 percent of applicable expenses, and 10.5 percent of expenses if the project qualifies for the U.S. Green Building Council’s “platinum” LEED designation. For commercial interior projects that hit LEED gold or platinum, landlords can take tax credits on 5 percent or 7 percent respectively of the costs of meeting the specification. Connecticut is allowing project managers to take an extra half-percentage point if the project qualifies as a mixeduse development combining commercial and residential elements, is located on a
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brownfield site or in an enterprise zone, or is within walking distance of a mass transportation station. Allowable expenses that can be applied toward the credit include: • construction or rehabilitation costs; • commissioning costs; • architectural and engineering fees; • site preparation costs such as scaffolding, demolition, fencing and even security; and • materials costs, such as carpeting,
partitions, lighting, plumbing and HVAC. Not allowed are the costs of purchasing land and environmental remediation work. Tax credits can also be sold to third parties, a strategy that has been used by film companies to raise upfront cash for projects in Connecticut. The new tax credit applies to projects that have a certificate of occupancy in hand; the state has not indicated on what grounds it might choose not to award a tax credit after a
developer has submitted the $10,000 fee. OPM has the final say on the initial year any tax credit can be claimed and the length of time for which the credit will be valid. Connecticut separately is attempting a “green bank” via the new Clean Energy Finance and Investment Authority, which hopes to create self-sustaining funding streams to support programs like the new green building tax credit that promote clean energy and efficiency projects.
Lots of advisors suit up, show up and keep up. But how many know when to speak up?
Team McGladrey Golfer Zach Johnson and his caddie, Damon Green.
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012 13
ask andi by andi gray
Product launching for profit making We’re launching a new product, and we think that the first year we might not make any money. What are your recommendations for how long we should go, investing in new product development and funding losses? Thoughts of the Day: Be clear about why you’re launching this product. There’s a difference between product testing phase and product launch phase. Lay out a plan to make a profit early on. Question assumptions when things don’t look like they’re going to go the way you want. There are lots of reasons to launch a new product: to sell more to current customers, attract new customers, sell something at a higher margin, increase current customer loyalty and make it easier to sell another product or service, to name a few. Be clear why you’re launching this product. It’s really about making a profit.
The most profitable new sales happen when new products are sold to existing customers. Existing customers are more likely to work with you when problems show up. Get enough experience with existing customers so that you’re confident about pricing and product support before you go after a new group of customers. Do your product testing well before you go into production. Find out if the marketplace wants what you have. Know if people will pay enough and buy enough quantity, so that you can eventually make a profit. Monitor competitors – is anyone else developing something that could hurt your plans? Check that all production costs including labor are included in cost of goods sold. Check that gross profit is positive – that you’re making money on the product itself. If that’s the case, keep going with the product launch. If not, stop and figure out what has to be done to make a positive gross profit. Decide upfront on funding. Using up cash flow or cash reserves could jeopardize the rest of the company if something goes wrong. Getting a loan requires making enough profit
to both pay off the loan and the cost of financing. If possible, get early stage customers to fund development. Give them some kind of down line advantage as an incentive. Factor funding into the product cost. During the first one to three years of product launch, you may not want to burden the new product with having to fully cover its share of overhead costs. Do lay out a plan that shows how eventually this product can contribute its share to overhead and net profit. Start out by allocating specific sales and marketing costs to this product’s launch. In the first year, try to get as close to making money as possible. Add together cost of development, production, funding, plus a small profit. Decide how many items you can sell the first year and divide the cost of production by that number. That’s your goal for the lowest per unit selling cost. Add in a per unit carrying cost for at least some of the overhead including marketing and sales, and that’s your median selling cost. Add in standard profit/ unit – that’s your high selling cost. Set specific check points during product launch to test your assumptions. Are cus-
tomers buying in the quantities you expected? Are they paying the price you wanted? Do you have to make any concessions to get the product out into the market? Is the product holding up as planned? Is there any additional production, selling or support costs? If you see problems, don’t be afraid to stop until you can figure things out. The money you’ve spent to get the product launched is gone. Sometimes it may be smarter to quit and go on to another product. Be sure you’re continuing to make a wise investment. Looking for a good book? Try “The Price Advantage” by Michael V. Marn, Eric V. Roegner and Craig C. Zawada. Andi Gray is president of Strategy Leaders Inc., strategyleaders.com, a business consulting firm that specializes in helping entrepreneurial firms grow. She can be reached by phone at (877) 238-3535. Do you have a question for Andi? Please send it to her, via email at AskAndi@StrategyLeaders.com or by mail to Andi Gray, Strategy Leaders Inc., 5 Crossways, Chappaqua, NY 10514. Visit AskAndi.com for an entire library of Ask Andi articles.
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14 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
Norwalk Community College among seven to share $12M BY ALEXANDER SOULE
casoule@westfairinc.com
T
he U.S. Department of Labor awarded $12 million to Norwalk Community College and six other Connecticut schools to help people train for careers in health and life sciences careers. The Labor Department awarded the funding under the Trade Adjustment Assistance Community College and Career Training Grants Program. Also receiving funding are: • Capital Community College in Hartford; • Charter Oak Community College, an online program of study; • Eastern Connecticut State University in Willimantic; • Gateway Community College in New Haven; • Manchester Community College; and • Middlesex Community College in Meriden. Just over a year ago, Norwalk Community College (NCC) opened a new science, health and wellness center, built at a cost of $38 million and included a lab that simulates the patient room layouts of Greenwich, Norwalk and Stamford hospitals. “I was particularly pleased that our proposal was submitted collaboratively by a state university, our only public, online college and five community colleges,” Robert Kennedy, president of the Board of Regents for Higher Education, said in a prepared statement. “I also appreciate the extraordinary amount of industry support we received – from hospitals across the state, to (Connecticut United for Research Excellence), to Jackson Laboratory. Our private sector partners understand that, with 96,000 students in our institutions, we have the capacity to train and prepare the workers they need.” The grant was a portion of $500 million awarded by the Labor Department, including $17.6 million for separate efforts in New York City and upstate New York. The department awarded an initial $500 million a year ago, with City University of New York receiving nearly $20 million in that tranche, and Connecticut coming away empty. Connecticut could qualify for an additional $2.5 million grant, with DOL not immediately providing specifics. In all, the Obama administration has freed up $2 billion under the program over
four years as part of the American Jobs The NCC-consortium grant will be Act. used to “migrate” courses to an online Connecticut’s new Health and Life- mode, including modules that can be Sciences Career Initiative will prepare delivered as apps on mobile devices. veterans and workers who have lost “Our goal is simple: We’re supportjobs for careers in health and life sci- ing schools that will work directly with ences occupations. It marks the second companies to develop training programs major grant here on that front, after The that respond to the real needs of employWorkplace Inc. led an effort to secure $10 ers,” said Labor Secretary Hilda Solis, million in federal funding for a health speaking at St. Petersburg College in career “academy” in Bridgeport where it Florida. “The beauty of this program is 1 7/10/12 8:41 AM Pagethat 1 all of our grantees have formed straisDavid7.375x8.5_Layout based.
tegic partnerships with local employers. With these monies, schools can develop training programs that will help grow the most promising local industries. They can invest in staff and educational resources and provide students with access to free, digital learning materials. All of the course materials developed through these grants will be available for use by other education providers through a Creative Commons license.”
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012 15
IN THE FIELD In brief
graduated from Fordham University, later getting an MBA from Harvard Business School.
Darien P.E. executive takes life
Adaco acquired by London company
Robert B. McKeon, founder of the Veritas Capital private equity firm, reportedly committed suicide Sept. 10 at his Darien home. Additional information was not immediately available on the circumstances of McKeon’s death. He was 58. McKeon launched New York Citybased Veritas in 1992, having previously been a founding partner and chairman of Wasserstein Perella & Co. “Bob was an extraordinary person, a consummate professional, and a cherished friend and colleague,” Veritas stated in an email published by multiple media outlets. “We are all deeply saddened by this tragic loss and have his family in our thoughts.” McKeon was born in New York City and
Adaco Inc. is being acquired by Fourth Hospitality, a London company whose software is used by the hotel and food service industries, from managing payroll to creating recipes and menus. The companies did not state financial terms. Fourth said it will maintain Adaco’s Norwalk headquarters as its main U.S. office. Adaco similarly provides food and beverage purchasing and inventory-control software for the hotel sector, with its 400 customers including Stamford-based Starwood Hotels and Resorts Worldwide Inc. Adaco adds nearly 50 employees to Fourth, giving the combined company about 250 people in all and annual revenue of $36 million.
Foundations lose $1.4m to embezzler
Report: $1.1m in Swiss Army watches stolen
While working for an accounting company, a Westport resident embezzled nearly $1.4 million from three charitable foundations. Soozi Folsom, 54, faces a December sentencing and is eligible for up to 30 years in prison and a $2.7 million fine. Folsom’s LinkedIn account listed the Westport bookkeeping firm Allison & Godfrey as her most recent employer. Folsom also owns the Mansion Clam House restaurant in Westport. According to the office of U.S. Attorney David Fein, Folsom forged signatures on nearly 125 checks in all, covering up the fraud by manipulating transactions in the accounting software systems that handled the foundations’ bookkeeping and funneling the money to an entity she controlled called Groundhog L.L.C.
An employee at the U.S. headquarters of Victorinox Swiss Army reportedly is accused of stealing nearly $1.1 million worth of Swiss Army wristwatches. Police charged Stratford resident Gilberto Nieves, 38, according to NBC Connecticut. Nieves reportedly was the product repair manager at Victorinox Swiss Army’s Monroe facility. NBC Connecticut reported additional arrests are forthcoming.
Financier arrested in Maine A former Newtown resident was arrested in Maine and charged with attempting to defraud multiple investors of $1 million. Prosecutors say Garrett L. Denniston, 62, solicited funds for investment through a company he ran called ConsensusOne L.L.C. He now lives in Boothbay Harbor, Maine. Denniston promised to invest in companies he said were on the verge of being sold, according to the office of U.S. Attorney David Fein, and offered a guaranteed return on investment.
Weak response for ‘Farm-to-Chef’ Few Fairfield County restaurants signed on for September’s “Farm-to-Chef Week” in Connecticut, featuring locally grown food at eateries throughout the state. Despite a plethora of local restaurants touting their commitment to locally grown and sustainable produce, few appeared on an official Farm-to-Chef Week participant list released by the office of Gov. Dannel P. Malloy. Participating commercial establishments in Fairfield County included: • Bloodroot Vegetarian Restaurant in Bridgeport; • Brownson Country Club in Shelton; • Sugar & Olives in Norwalk; and • Wave Hill Breads Bakery & Café in Norwalk.
Report: Cohens give $5m for Stamford park
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The Steven A. and Alexandra M. Cohen Foundation reportedly is donating $5 million to the Mill River Collaborative, with the funds to support construction of an outdoor winter skating rink and summer fountain at Mill River Park, among other goals. The Stamford Advocate reported the Mill River Collaborative has raised $13 million to date with the goal of hitting a $20 million target. It was the largest donation announced by the organization since Fairfield-based General Electric Co. committed $1.5 million in March 2011. Steven A.Cohen runs Stamford-based
16 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
SAC Capital Advisors, among the world’s largest hedge funds.
Shivery pay up 17 percent In his final year leading Northeast Utilities, Chuck Shivery saw a 17 percent increase in pay thanks to added compensation he received in seeing through the company’s merger with NStar, with Shivery now chairman of the combined company. Hartford-based Northeast Utilities calculated Shivery’s compensation at $9.6 million, not including $1.6 million in the form of shares of stock awarded in previous years that vested this past year. Shivery endured a tumultuous final year with the company, with swaths of Connecticut blacked out for extended periods in the wake of Tropical Storm Irene and the October 2011 nor’easter; and Shivery hospitalized following a heart attack early this year.
from its Attain Fertility Centers and its Vein Clinics of America, the latter of which has locations in Greenwich and Wilton. Greenwich-based Sagard focuses on small-cap companies, with no medical business in its current portfolio until now. “We see a significant opportunity to extend the reach of IntegraMed’s business, bringing its medical specialties to a growing base of patients,” said Dan Friedberg, managing partner of Sagard Capital, in a prepared statement.
SEC hits NYSE with $5m fine The Securities and Exchange Commission (SEC) charged the New York Stock Exchange (NYSE) with giving some customers “an improper head start” on trading information, in some cases by a matter of seconds and sufficient time for sophisticated investors to profit. The NYSE and parent company NYSE Euronext are paying a $5 million fine
to settle the charges, admitting it sent market data to proprietary customers before issuing it via consolidated feeds that broadly distribute trade and quote data to the public. The SEC said the exchange failed to monitor the speed of its proprietary feeds to ensure information reached those customers at the same moment it went onto consolidated feeds to the public. It marks the first-ever SEC financial penalty against an exchange. The two NYSE proprietary data feeds at issue were Open Book Ultra, which sends real-time data about NYSE’s entire order book; and PDP Quotes, which contains NYSE’s quote for each security.
Connecticut wildlife enthusiasts generate $1.7b As hunters limbered up their bows for the start of Connecticut’s hunting season Sept. 15, Bambi could take heart in one
respect: far more residents and visitors are sighting creatures through binoculars these days than through a scope. Connecticut ranks among the seven states with the lowest percentage of “sportsman” fishers and hunters, according to the U.S. Fish & Wildlife Service – but conversely is among the top 10 for wildlife observers. In all, wildlife-related recreation totaled $1.7 billion for the state economy in 2011. Alaska has the highest percentage of hunters and anglers in the nation, with 45 percent of residents pursuing the pastime; Vermont leads for wildlife observers, with 53 percent of Green Mountain State denizens doing so. Counting out-of-state visitors, Connecticut trailed only Nevada in wildlife watching, with an 87 percent participation rate. – By Alexander Soule
Report: Winklevoss twins in SumZero game Greenwich natives Cameron and Tyler Winkevoss reportedly invested $1 million in SumZero, a social media site for hedge funds and other finance professionals. It marks the first investment by Winklevoss Capital after the twins received a reported $65 million from a legal settlement with Facebook Inc. and founder Mark Zuckerberg, according to The Wall Street Journal, with the twins having claimed they came up with the idea for a Facebook-like service while attending Harvard University with Zuckerberg. Founded in 2008 to focus on “buyside” financiers like hedge funds and private equity firms, New York City-based SumZero is led by two other Harvard alumni: fellow plaintiff Divya Narendra and Aalap Mahadevia.
Melissa & Doug, Tegu have ‘hot toys’ Melissa & Doug and Tegu made a “hot toys” list for the coming holiday season published by Best Toys Guide. Wilton-based Melissa & Doug’s Suspend game features 24 notched, rubber-tipped wire pieces players hang from a tabletop stand, with the balance shifting each time a new piece is added. Darien-based Tegu was included on the list for its Tegu Mobility, magnetized wooden blocks children can use to create toy cars.
IntegraMed sold to Sagard Sagard Capital Partners L.P. completed its $170 million acquisition of IntegraMed America Inc., a Purchase, N.Y.-based operator of fertility and vein care clinics. In the second quarter, IntegraMed earned $500,000 on $76 million in revenue
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9/25/12 1:06 PM FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012 17
Fairfield County Welcomes the Travelers Championship FIRST COUNTY BANK UNVEILS
FIRST COUNTY ADVISORS
Celebrating the Travelers designated Championship’s new office grand beneficiaries, opening in Stamford, a reception The Hole in was held at Trump Parc Stamford on the Wall Gang First County Advisors Inaugural Cocktail David M. Metzgar March 2nd, and featured a special Camp and Reception Thursday October 11, 2012, 5:30 p.m. David M.from Metzgar,PGA CFP, CTFA, guest appearance TOUR the Greater Senior Vice President, Lockwood-Mathews Mansion professional Billy Andrade. H a rMuseum tford Senior Trust Officer 295 West Ave., NorwalkJCTa 06850 The Travelers Championship is ycees. October is National Disability (JAN) website: www. askjan. Connecticut’s only PGA TOUR event Also, To more 130 other attend thisthan event, please make your reservation with Anne Employment Awareness Month. org and Connect-ability: www. and is looking to expand its reach Connecticut par ticipated Hardy at charities 203-462-4249 or at ahardy@firstcountybank.com. Celebrated annually since 1945, connect-ability.com are available into Southern Connecticut with the in tournament fundraisers in today. 2009 Space is limited, so please reserve NDEAM is a national campaign to assist. To learn more about the opening of an office at 707 Summer to help generate dollars for their spethat raises awareness about dis- Southwest Connecticut Add Us Street in Stamford. The office space cific causes. In 2009, the Travelers First County Bank recently “Senior Trust Officer Dave Metzgar and his team have been ability employment issues and In program, call Jamie Goddard was generously donated announced by Theits trust Championship donated $1.08 million providing trust and investment advice through the ups and and celebrates the many and varied at (203) 610-8540. Ashforth Company and theinvestments tourna-division tohas non-profit organizations throughdowns of the market with unmatched personal service and contributions of America’s workment has also partnered with out the state. experience,” added Giallongo. “We want to remind the adoptedThe a new name: ers with disabilities. What can Preparation of this item was Business Council of County Fair field help “We underserved are excited for and the opporinvestor living working in Fairfield County that First County Advisors. First Advisorstooffers a full range of care about their financial well-being now and into the future.” management, financial planning, trust administration, withinvestment* the expansion. tunity towebe a part of the Fair field including people with disabilities funded by the Office of Disability estate planning and fiduciarythe services Travelers for individuals, families and On “We welcome County community,” said in your company do? Employment Policy, U.S. DepartThursday October 11, First Travelers County Bank will be hosting a growing businesses lowerFair Fairfield County. Championship tointhe field County Championship Tournament Director The Office of Disability Em- ment of Labor, Grant No. ODcocktail reception to celebrate the official launch of First County The said Business Council of Fairfield&County annu-Grube.The“The 2010 Travelers Walter H. Wheeler, Jr. Leadership ness Council. He has actively engaged his colarea,” Nathan Advisors at the Lockwood-Mathews Mansion Museum in “First County Chris Advisors Bruhl, is simply aPresident more accurate description of ployment Policy reports that the 21074-10-75-4-9. This document ally recognizes an exceptional leader of the regional Award will be presented Chairleagues in community opportunities, CEO, The Business Council. “Their Championship is a premier statewide Norwalk. The event will start at 5:30 p.m. to Richard E. Taber,U.S. who we are, how we do business and what makes us different has approximately 50 million service does not necessarily worked reflect the business community. man of the to Board & CEO, First County Bank on tirelessly for access to affordable housing, and has of philanthropy reaches all corners ofyourevent, and we’re eager continue from other providers. We are committed to earning trust people with disabilities represent- views or policies of the Office Philip J. Orlando, CFA, senior vice president and chief strategist theThrough state and we wish great a Federated great partnership with the and to providing recommendations on what’s besthave for thethoughtful Walter H.them Wheeler, Jr. to Leadership Tuesday, October 5th. been deeply supportive, through personal leaderInvestors Inc., is scheduled to present on the ing a consumer base of $200 Disability Employment Policy, for you, your family yourCouncil business,” saidpresRey Giallongo, success as Business theyand increase their businesses, volunteers, charities and Award, The demonstrates its comMr. Taber is abeyond. respected community leader con-Employing ship andand thecapturing Bank’s community investments, in ex-nor economic outlook for 2012 and Orlando has been a billion. U.S. Department of Labor, chairman andregion.” CEO of First County Bank. “We’ve been offering ence in the fans aofrole Connecticut. Without them, regular guest on CNBC’s “Squawk Box” and “Taking Stock.” mitment to volunteer leadership and offers tributing his time and leadership to a variety of area panding educational opportunities for all children. this market is often overlooked does the mention of trade names, this service since 1995, when the trust100% and investments The tournament donates of the success of this tournament would model for all businesspeople to emulate. The award, non-profits including the Housing Development For more information on this year’s Walter H. as a strategic initiative for small to commercial products, or orgadivision opened for business.” net proceeds ever y year to its two not be possible.” named after the visionary Pitney Bowes leader, cel- Fund, Stamford Partnership, the United Way, the businesses. Wheeler Jr. Leadershipnizations Award Dinner, please con- by mid-size imply endorsement The WorkPlace created Add the at U.S. Government. ebrates corporate leadership in our community. Downtown Special Services District, and The Busitact The Business Council 203-359-3220. Us In/DiversityWorks to support About The WorkPlace The small businesses to hire and le- WorkPlace conducts comprehenverage the talent of people with sive planning, and coordinates disabilities, including lesbian, gay, regional workforce development * Products and or services offered through First County Advisors (a division of First County Bank) are not FDIC insured; not insured by any government agency, not a deposit or other obligation of bisexual, and transgender indi- programs to prepare people for First County Bank, not guaranteed by First County Bank, and are subject to investment risk, including the possible loss of the principal. Investment advice, research, making recommendations, or soliciting transactions for accommodation trades are facilitated by a contracted vendor of First County leadership Bank. viduals with disabilities. careers while strengthening the Leadership Fair field development County is a professional activities. Participants There are several no cost or workforce for employers. As a March 24, 2010 non-profit representatives. For more information development program that encouraged to actively Registration: 7:45am Breakfast Program: – 9:30am low cost actions you can 8:00 takewellness to nationalisleader in the field, The Human Capital Council leadership areand Employee a business contactpresenters Elizabeth Bradley broadens succession the skills andannounced engage in dia- at ebradley@businessfairCost: $45 members; show$55 younon-members are inclusive of people WorkPlace regularly shares ideas – and Business Council - issue. perspectives of organiza- Susan Johnson, Vice logue and take advantage field.com. Stamford Plaza Hotel Conference Center with and disabilities and wish to conand best practices with lawmakIn 2007 and 2009, a team of member executives tional leaders and provides For more information, please call 203-359-3220 nect with this market. Education ers, foundations, tanks and President, Strategic Tal- of their expertise by asking conducted “Healthy Workplace” employerthink recognition the region with individuthoughtful andNew thought pro- forming? group and awareness are which good celebrated first otherthe workforce development ent Management Diver- Council, ney programs accomplishments oforRegional & Business Bowes leader -leaders celebrates als who are prepared to voking questions. Twelve “trusted advisors,” of firms who Free steps. resources such as ganizations around the country. sity Leadership for Pitney peer-selected employers and shared their experiencserve as catalysts for posiMonthly sessions, beginGreater Norwalk Chamber of corporate leadership in together our The advise business leaders, have come forOffice a esofin Disability Policy’s For more information, visit the www. Bowes Commerce Inc., hasand been events and publications. These were among tive change. Established in March and concludThening Business community. series of dialogues facilitated by Business Council Job’s Accommodation Network workplace.org. named Chair of the Human best received events we’ve ever presented. in 1992 by the Business ing County in November,The last2012 fromWalter H. WheelCouncil of Fairfield director Lucy Baney, CEO of Access Technologies Capital Council. Susan three Members involved in our Health Care Council and Council of Fairfield County, hours to aJr.full day, and $75 for non-members. er, Leadership will Group. Participants have sharedAward perspectives on the Chief Human Resources Officers Roundtable have succeeds Cathy Candland, “Leadership” has served with the majority running and the National Committee 29 Please contact The relationship Greater be presented to James between advisor and Torgerclient, discussed October CEO, Human expressed interest in holding another program later more than 300 executives fromAdvantage 80+ from 8:00 a.m. to 1:00 p.m. All will be For the first time in 20 years on U.S.-China Relations and Norwalk Chamber of President and Chief Exthe Compotentialson, of forming an ongoing peer group, and Resourcing, who held the this year, but believe that the opportunity to improve companies, non-profit organizations and held on Fridays. will be held at UConn StamU.S wellness presidential election merce for more infoexplored at 203- ways ecutive Officer of UIL Holdings in which their unique sets of the knowlposition for two years. may be larger than can be met in a single government agencies. Sites visited will be in Stamford, ford at 6:15pm. October 18 coincides with the change in 866-2521. Corporation, which is the holdedge and experiences can beSPEAKER efficiently OF THE shared HOUSE with HOUSEevent MINORITY SENATE PRESIDENT PRO SENATE MINORITY TheprofesCouncilBridgeport, provides Newtown, or publication. Each year, mid toJim senior level Hartford and Registration is complimentaRepresentative Himes China’s leadership. Join ing company for The UnitedDONOVAN IlCHRISTOPHER LEADER LARRY CAFERO TEMPORE LEADER PRO TEMPORE the broader Business Council leadership network. A senior the organizaBoard of Norwalk Directors Later this month, fifteen of the most knowledgesionals are selected by their and will include city halls, a ry, however space is limited and DONALD WILLIAMS JOHN MCKINNEY and Republican Candidate us for a live webcast with Gary luminating Company (UI), The October 23 lively LinkedIn Group Discussion is also underway. tions to participate in thiswith educational transportation center, a waste water ongoing analysis of able individuals from RSVP our most “wellness-active” is required. For full event Steve Obsitnik Debate for to 25. Locke, U.S. Ambassador to Southern Connecticut Gas The expects to make and announce deciThe treatment Business Council ofgroup program. Class size is limited public and public charLegislative leaders from the Connecticut General Assembly will participate regional human capital is-facility, members will meet to explore potential additional in acdetails visit www.businessfairthe Fourth Congressional China, with a panel discussion Company, Connecticut Natusions on mission, criteria for participation and serCounty annually recParticipants receive exposure toFairfield the aster schools, the State Capitol, a hospital, a moderated discussion of tivities the primary issues the State. Moderated by sues, serves a steering and roles forfacing The field.com/chinatownhall. Business Council. District seat. The luncheon County to follow. ral next Gasothers. Corporation and The vices over the 4-6 weeks. more information critical issues aexceptional correctional facility, among an leadtheFor Business Council’s VP of Public Policy, Joeaction McGee, we will use our famous committee for facing related Fairfield Business ognizes Counciland programs A report, with recommendations, will be For more events debate will be held from interCHINApresented Town to Hall is Board pre- by Berkshire GasatCompany. through on-siteprovides visits, moderated you would like Lynn to find out more contact Spreadbury lspreadbury@business“straight to the questions” format bethe followed Andand our deof best the Ifpracticregional business and services, a forum forer peer to of moderated Directors atQ&A. its September tails visit www.businessfairnoon-2:00pm, at the Norwalk sented by the University of The dinner will be held at the action with working professionals, lecabout this program please contact promise: No speeches. Really. fairfield.com. community. The Walter H. es exchanges and acts as a public policy advocate. meeting. For more information contact Tanya Court Inn. Registration is $50 for tures, discussion groups, and other government Tanya Court at 203-359-3220. The Business field.com or contact us at 203Wheeler, Jr. Leadership Award Stamford Marriott Hotel with a Connecticut, It is comprised of business, academic, at tcourt@businessfairfield.com. members of the Bridgeport - named after the visionary Pit- reception starting at 6:30pm. Council of Fairfield County 359-3220.
Honoring
Richard E. Taber, Chairman of the Board & CEO, First County Bank
Leadership Fairfield County: Access. Connections. Solutions.
LEADERSHIP NETWORK SNAPSHOTS
Save the Date: Legislative Leadership Breakfast
Upcoming Events in October
The Business Council of Fairfield County thanks The Community’s Bank for their support of our communication efforts. 18 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
The house that Barnum built
Owned by the city of Bridgeport and on the National Register of Historic places, the Barnum Museum in Bridgeport is the last surviving establishment attributed to the extraordinary American icon Phineas Taylor Barnum (1810-1891). Originally established by Barnum in 1891 to promote the cultural heritage of Connecticut and to celebrate scientific advancements in American technology, the museum was intended to inspire the public to reach beyond the limits of ordinary expectations and to see the world as a place of opportunity, knowledge and wonder. Barnum’s story is a fascinating exploration of 19th century social, commercial, political and industrial history, and his tale begins long before his circus enterprise was created in 1872. He was an entrepreneur, museum proprietor, Bridgeport mayor, Connecticut legislator, urban developer, community benefactor, philanthropist, temperance leader, abolitionist, lecturer and author. He was committed to the intellectual and cultural development of society and was a voice for the pursuit of freedom and choice. His impact reaches deep into our American heritage. Stories of Barnum’s vast contributions are preserved and interpreted at The Barnum Museum in downtown Bridgeport where, since 1893, it has proudly served an international audience of more than a million students, scholars and lifelong learners. The museum showcases exhibitions of wondrous art and curiosities, from the 4,000 year-old mummy named “Pa-Ib” to the carriages of Gen. Tom Thumb, as well as a broad spectrum of programs and community events. While still in the midst of a major recovery effort following a tornado strike in 2010, the museum continues to be committed to the cultural, educational and economic vitality of the greater Bridgeport area. On Oct. 18, we will hold “Barnum Gala! Ringling Bros. and Barnum & Bailey Fully Charged.” This is the opening night of the Ringling Bros. and Barnum & Bailey Circus at the museum, a family fun event that will help support the museum’s continued recovery. For information about tickets, please contact us at info@barnum-museum.org or call 331-1104.
FCBUZZ
Calling all CritiCs! there are films to judge in stamford
tan Short has become known as a breeding ground for the next big thing. Out of 520 entries received from 49 countries, Manhattan Short selected 10 films as finalists. Each film is no more than 18 minutes long. Filmgoers will be asked to vote for one film. Votes are tallied at each cinema and submitted to festival headquarters. Winners will be announced in New York City as well as posted at ManhattanShort.com Oct. 7. For more details on the festival and filmmakers, visit ManhatThe Romanian film “Superman, Spiderman and Batman” is a finalist in the Manhattan Short Film Festival. tanShort.com. The Avon Theatre is a memberFilmgoers in Stamford will unite with audiences in more supported, nonprofit cultural hub dedicated to presenting than 300 cities spanning six continents to view and judge film in its highest form. The Avon brings you phenomenal the work of the next generation of global filmmakers when special events and monthly programs, including community the 15th annual Manhattan Short Film Festival screens at The dialogue with directors, actors and other luminaries in a vibrant “Main Street America” setting. The Avon is located at Avon Theatre in Stamford Oct. 3 at 7:30 p.m. With past finalists achieving the ultimate in recognition by 272 Bedford St. in Stamford. For more information, call 967being nominated and even winning the Oscar, the Manhat- 3660 or visit avontheatre.org.
“Cinderella” liberty
Kathleen Maher Executive Director/Curator The Barnum Museum
The mission of the Cultural Alliance of Fairfield County is to support cultural organizations, artists and creative businesses by providing promotion, services and advocacy. For more information, visit CulturalAllianceFC.org or email infoCulturalAllianceFC.org or call 256-2329. For events lists, visit FCBuzz.org.
Arts & Culture of Fairfield County
The Pushcart Players do “Cinderella” at The Ridgefield Playhouse.
Ideally suited for young audiences, “Happily Ever After: A Cinderella Tale” will be presented at The Ridgefield Playhouse Oct. 13 at 11 a.m. and 2 p.m. The story of Cinderella, a childhood favorite for centuries, comes to life on the stage through the power of the performing arts. In this case, the production is presented by the Pushcart Players, an award-winning professional theater and arts-in-education ensemble that offers a
fully orchestrated and staged Broadway-style entertainment. The high-flying musical numbers are designed to enrich and delight. An event for all ages, “Happily Ever After” is the perfect highlight of every child’s weekend. Certainly, Piccolo’s Pizza and Jazzeria thinks so. The eatery is offering a free scoop of gelato the day of the show when tickets/stubs are shown. The Ridgefield Playhouse is a nonprofit whose mission is to present a variety of performing arts to the community and the surrounding area so audiences can enjoy and experience the performing arts at a varied price point. The Playhouse presents national and local acts and is the cultural hub for the town of Ridgefield. ThePlayhouse is located at 80 East Ridge, parallel to Main Street. “Happily Ever After” is part of the Pepsi Children’s Series. For tickets ($15) call the box office at 438-5795, or order online at ridgefieldplayhouse.org.
Visit FCBuzz.org for more information on events and how to get listed.
Presented by: Cultural Alliance of Fairfield County
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012 19
THE LIST
LISTED ALPHABETICALLY
FAIRFIELD COUNTY NEXT LIST: NOVEMBER 14 COMMERCIAL PRINTERS
RECRUITING COMPANIES
Recruiter Firms
Listed alphabetically
4380 Main St., Bridgeport 06606 549-8385 • alexanderbec.com
Benchmark Search Group Inc. 1177 Summer St., Stamford 06905 708-9886 • bmarksearch.com
Bonnell Associates Ltd. 40 Richards Ave., Third floor, Norwalk 06854 319-7214 • bonnellassociates.com
Creativeplacement 13 N. Main St., South Norwalk 06854 838-7772 • creativeplacement.com
Crossroads Consulting L.L.C.
272 Fan Hill Road, Monroe 06468 459-9969 • crossroadsconsulting.com
ERichards Consulting 4 Corporate Drive, Suite 390, Shelton 06484 944-0816 • e-richards.com
Flexible Resources Inc. 78 Harvard Ave., Stamford 06902 351-1180 • flexibleresources.com
Fogarty Knapp & Associates Inc. 1150 Summer St., Stamford 06905 965-7777 • fogartyknapp.com
Kenzie & Co. d.b.a. The McIntyre Group 63 Glover Ave., Norwalk 06850 750-1111 • themcintyregroup.com
Kforce Inc. 177 Broad St., Suite 1001, Stamford 06901 504-7400 • kforce.com
Impact Personnel Inc. 40 Richards Ave., Norwalk 06854 866-2444 • impactpersonnel.com
ITech Consulting Partners L.L.C. 30 Church Hill Road, Newtown 06470 270-0051 • itechcp.com
Mackey & Guasco Staffing L.L.C. 2425 Post Road, Suite 206, Southport 06890 655-1166 • mackeyandguasco.com
Mergis Group – A Randstat Co. 750 Washington Blvd., Stamford 06901 388-2170 • mergisgroup.com
Merritt Staffing 30 Oak St., Stamford 06905 325-3799 • merrittstaffing.com
MY HR Supplier 1266 E. Main St., No. 700R, Stamford 06902 274-8595 • myhrsupplier.com
Right Click Recruiting 1266 E. Main St., Stamford 06902 588-9500 • rightclickrecruiting.com
Smith Arnold Partners 1 Landmark Square, Stamford 06901 967-8300 • smitharnold.com
Success Unlimited 25 Sylvan Road South, Building B, Westport 06880 227-4999 • successofwestport.com
Transcend Business Solutions L.L.C. 30 Grassy Plain St., Unit 5A, Bethel 06801 790-5222 • transcendbus.com
Windsor Resources 6 Landmark Square, Fourth floor, Stamford 06901 359-5644 • windsorresources.com
Joshua Tofteland 1962 Maryann Donovan maryann@impactpersonnel.com 1989 John Barry john@itechcp.com 1998 Maureen Mackey, Luisa Guasco maureen@mackeyandguasco.com 2002 Dan Soi 1946 Mindy Gage, Jennifer Grant mindy@merrittstaffing.com 1989 Lana DeMary omutaqi@myhrsupplier.com 2011 David Goldshore david.goldshore@rigthclickrecruiting.com 2010 Matt Arnold, Paul Smith info@smitharnold.com 2000 Natalie Einson permtemp@aol.com 1983 Linda Rowan info@transcendbus.com 2004 Jodi Fournier jodi@windsorresources.com 1991
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Westchester County, N.Y.
Alexander Bec Corporate Recruiters L.L.C.
Stuart R. Laub stu@abrahamlondon.com 1985 Douglas Unger douglas@alexanderbec.com 2008 Steven Pergolizzi spergolizzi@bmarksearch.com 2004 William Bonnell dinsler@bonnellassociates.com 1991 Karl Heine kheine@creativeplacement.com 1988 Mitchell R. Beck info@crossroadsconsulting.com 1996 Mark J. Richards mrichards@e-richards.com 2000 Laurie Young, Nadine Mockler ct@flexibleresources.com 1989 Heather Knapp, Katharine Fogarty kathy@fogartyknapp.com 1994 Leslie McIntyre-Tavella mcintyre@themcintyregroup.com 1986
Number of offices
Fairfield County
7 Old Sherman Turnpike, Suite 209, Danbury 06810 730-4000 • abrahamlondon.com
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Fairfield County
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20 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
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SPECIAL REPORT
Small Manufacturers Boosting Local Economy
While Connecticut manufacturers have freely opened their doors to visitors like Sen. Richard Blumenthal, few are creating plant floor tours in support of the state’s Manufacturing Month.
Open-door policy missing for manufacturers BY ALEXANDER SOULE
casoule@westfairinc.com
O
n Oct. 6 at the Gov. William A. O’Neill State Armory in Hartford, the Connecticut Center for Advanced Technology (CCAT) throws open the doors to a daylong “Manufacturing Mania” event, envisioned as “a celebration of all that is Connecticut made,” in CCAT’s words. Between then and the close of “Manufacturing Month” in Connecticut, the question is how many manufacturers will open their own doors. With a week to go in September, only a small handful of companies have taken CCAT up on its request for companies to “open their doors and tell their story” to kindle the interest of young people in pursuing careers in advanced manufacturing. While the Bridgeport Regional Business Council has been hosting tours of local manufacturers of late, and with politicians regular visitors to area factory floors, few companies signed up immediately for the month-long Connecticut “Dream!t Do!t” initiative by CCAT, derived from a national program sponsored by the Manufacturing Institute affiliate of the National Association of Manufacturers. Advocacy groups countrywide are marking Oct. 5 as “National Manufacturing Day,” leading into the Oct. 6 event at the state armory.
The Connecticut Business & Industry Association (CBIA) wraps up the month’s activities with a manufacturing policy forum scheduled for Oct. 30, which CBIA hopes will set the stage for the coming legislative session. While United Technologies Corp. (UTC) is offering up multiple exhibits at the state armory, UTC as of late September was not offering any tours of its facilities, but was hardly alone on that front, with just a few of Connecticut’s 4,800 manufacturers doing so, and as of press deadline, none in Fairfield County. Connecticut manufacturers employed 165,000 people as of August, with the sector having shed 1,800 jobs in the past year and nearly 44,000 jobs over the past decade. If that latter figure represents a disconcerting 21 percent drop, Connecticut is in far better shape than Massachusetts, which has suffered a 38 percent fall over the past decade in its manufacturing employment base; New York, which has seen a 31 percent decline; and New Jersey, which has 30 percent fewer manufacturing jobs today. According to the U.S. Census Bureau, manufacturers nationally saw revenue increase 2 percent from a year ago, but profits are down 3 percent. In Connecticut, federal and state legislators have redoubled their efforts to spur the sector here, with U.S. Sen. Richard Blumenthal and U.S. Rep. Rosa DeLauro backing
“manufacturing reinvestment accounts” that would allow companies to stash cash on a reduced tax rate against future capital expenditures, U.S. Rep. Chris Murphy promoting “buy American” legislation in Congress, and members of the Connecticut General Assembly forming a legislative manufacturing caucus in part to help companies find trained workers. That is the mission of CONNSTEP, which provides training and consulting services for manufacturers on an ongoing basis. The nonprofit is supported by the Connecticut Department of Economic and Community Development, and is connected to the national network of Manufacturing Extension Partnership programs organized by the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST). On a new Made in CT website, CONNSTEP will highlight the state’s manufacturing industry and “celebrate the companies who continue to make it in Connecticut,” in its words. The initiative is not related to a separate Made in Connecticut Guild. NIST has its own “Make it in America” program, weekly highlighting a “manufacturer of the week.” To date, six New York companies and two from New Jersey have been featured, but none from Connecticut and just one from New England, in Maine.
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 3, 2012 21
SeaBotix buoys Bolt MANUFACTURING In brief
Manufacturing malaise lingers New York-area manufacturers reported continued weakness in their current business, with new orders at their lowest point in the past two years and shipments little changed. Manufacturers are slowing their hiring activity as well, according to an updated Empire State Manufacturing Survey published in September by the Federal Reserve Bank of New York, whose territory includes Fairfield County. That is occurring despite “some recovery in the level of optimism” in the Fed’s words, as suggested by an index that tracks expectations on future orders. Still, manufacturers reported no change in their inventory levels. In a series of supplementary questions, the Fed asked manufacturers about recent and expected changes in their selling prices. Companies indicated they have hiked prices 1 percent over the past year and were expected to tack on another 2 percent by this time next year.
Thanks to its 2011 acquisition of a submersible robot company, Bolt Technology Corp. increased sales by more than a third during its fiscal year ending this past June. Norwalk-based Bolt earned $2 million on $52.6 million in revenue in fiscal 2012. The company’s primary product has been “air guns” towed behind ships that take seismic readings of the ocean floor to help oil and gas exploration companies find sites to drill wells. In 2011, Bolt acquired SeaBotix, a San Diego company whose submersibles contributed $15.3 million in revenue to Bolt’s top line in fiscal 2012. In April, Bolt renewed its lease at 4 Duke Place in Norwalk, with the renewal commencing in January 2013 and running five years.
NTSB: inspect GEnx regularly In a blow to Fairfield-based General Electric Co. and its GE Aviation division, the National Transportation Safety Board (NTSB) recommended the Federal Aviation Administration (FAA) take “urgent action” to inspect GEnx aircraft engines on a regular basis, following a pair of shaft failures this summer.
GE Aviation developed an ultrasound technique to inspect shafts in the engines, with similar failures occurring to jets in Shanghai and Charleston, S.C. In both cases, the jets were on the ground and no one was hurt. In another instance, a third engine was found to have a defective shaft during tests at Boeing’s Seattle operations. Boeing Co. retained GE Aviation and Rolls Royce to produce engines for its new Boeing 787 Dreamliner, with the GE offering the GEnx and Rolls Royce supplying the Trent 1000. Rolls Royce also encountered early problems, replacing gearboxes with possible corrosion problems supplied by the Hamilton Sundstrand division of Hartfordbased United Technologies Corp. “Because of the short time to failure and the fact that all of the engines on any single airplane, whether the 787 or the 747-8, have all operated for the same period of time, the NTSB is not only concerned about the potential for further fractures occurring, but also the possibility that multiple engines on the same airplane could experience (a fan midshaft) failure,” NTSB Chairman Deborah Hersman wrote the FAA. “The NTSB is concerned about the possibility of an FMS fracture occurring in flight at the
limits of an airplane’s extended twin-engine overwater operations … and the airplane having to operate with one engine inoperative for up to (five-and-a-half) hours.”
Air Force taps GE, Pratt The Air Force Research Laboratory selected GE Aviation and Pratt & Whitney to develop separately a newfangled jet engine that would allow fighters and bombers to conserve far more fuel while at cruising speed. GE Aviation is owned by Fairfield-based General Electric Co. and has its main facility in Ohio. Pratt & Whitney is based in East Hartford and is a subsidiary of United Technologies Corp. in Hartford. With today’s fighter jet engines designed primarily for thrust and commercial jetliner engines for efficiency, the Air Force hopes to have an adaptive, hybrid engine that could cut fuel consumption as much as 25 percent for fighters and bombers while cruising, while still revving up to combat speeds those aircraft achieve today. The engine would feature air ducting systems to control how much air flows through the core of the engine, impacting thrust and efficiency. The Air Force hopes to have an adaptive engine in service by 2020. – By Alexander Soule
YOU ARE INVITED TO THE FIRST ANNUAL FAIRFIELD COUNTY CFO OF THE YEAR AWARDS RECEPTION A panel of experts will judge the nominations and the awards will be announced Nov. 1, at The JHouse Greenwich, 1114 E. Putnam Ave, 5:30 p.m. REGISTER
WESTFAIRONLINE.COM/CFO-AWARDS SPONSORS
22 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
SUPPORTED BY
FAIRFIELD COUNTY
BUSINESS JOURNAL MJM Stone Supply of Stamford Inc., et al., Stamford. $15,000 in favor of The Hatch Baily Co., Norwalk. Property: 36 Madison Place, Stamford. Filled Sept. 10.
All Seasons Construction, Naugatuck, contractor for T/C Newbury Commons L.L.C. Perform interior and exterior renovations at an existing commercial building for tenant, 1450 Washington Blvd., Stamford. Estimated cost: $18,000. Filed Sept. 7.
Miller, Michael, Stamford. $1.6 million in favor of The Bank of New Canaan, New Canaan. Property: 43 Harbor Drive, Unit 504, Stamford. Filed Sept. 12.
AP Construction, Stamford. Perform additions at a commercial building, 1 Blackley Road, Stamford. Estimated cost: $150,000. Filed Sept. 7.
Building Permits
BLT Management L.L.C., Stamford, contractor for Waterfront Office Building L.L.P. Perform interior alterations at an existing commercial building, 68 Southfield Ave., Stamford. Estimated cost: $23,000. Filed Sept. 11. Camsan Inc., Stamford, contractor for Missionary Sister of Mother of God. Perform interior alterations and renovations at an existing commercial building, 97 Hubbard Ave., Stamford. Estimated cost: $44,000. Filed Sept. 4.
Attachments
Commercial
2 Broad St. L.L.C., Norwalk. Fit-out an existing commercial building for tenant, 2 Broad St., Norwalk. Estimated cost: $5,000. Filed Sept. 5. 737 Canal L.L.C. Perform interior alterations at an existing commercial building for tenant, 737 Canal St., Stamford. Estimated cost: $55,000. Filed Sept. 10. 112 PS L.L.C., Stamford. Perform renovations at an existing commercial building, 112 Prospect St., Stamford. Estimated cost: $12,062. Filed Sept. 14.
Items appearing in the Fairfield County Business Journal’s On The Record section are compiled from various sources, including public records made available to the media by federal, state and municipal agencies and the court system. While every effort is made to ensure the accuracy of this information, no liability is assumed for errors or omissions. In the case of legal action, the records cited are open to public scrutiny and should be inspected before any action is taken. Questions and comments regarding this section should be directed to: Bob Rozycki c/o Westfair Communications Inc. 3 Gannett Drive, Suite G7 White Plains, N.Y. 10604-3407 Phone: (914)694-3600 Fax: (914)694-3680
Curren, Raymond, West Haven, contractor for Pepperidge Farm Inc. Perform installation of commercial elevator(s), 595 Westport Ave., Norwalk. Estimated cost: $95,000. Filed Sept. 13.
JC Properties I L.L.C., Trumbull. Prepare commercial space for new tenant People’s Salon and Barber Shop, 77 Wall St., Norwalk. Estimated cost: $4,000. Filed Sept. 5.
Pavarini NE Construction, Stamford, contractor for 30 Oak St. L.L.C. Perform interior alterations at an existing commercial building, 30 Oak St., Stamford. Estimated cost: $110,000. Filed Sept. 10.
Stamford Exit 9 L.L.C., Stamford. Perform interior alterations at an existing commercial building for Stamford Hospital, 1 Blackley Road, Stamford. Estimated cost: $825,000. Filed Sept. 10.
DioGiorgi Roofing and Siding, Beacon Falls, contractor for Village Properties. Perform external renovations at an existing singlefamily residence, 4 Sunset Hill Ave., Norwalk. Estimated cost: $6,643. Filed Sept. 6.
JP Gundecki, Danbury, contractor for 225 Greenwich Ave. L.L.C. Perform interior alterations at an existing commercial building, 275 Greenwich Ave., Stamford. Estimated cost: $31,000. Filed Sept. 11.
PMJ Property Investment L.L.C., Norwalk. Preparing commercial space for new tenant for Beverage Boss, 180 Main St., Norwalk. Estimated cost: $1,000. Filed Sept. 13.
Wayne Dimm Enterprises, Ridgefield, contractor for Ralph Palladino. Erect shell and foundation for a new commercial building, 18 Cushing St., Stamford. Estimated cost: $491,000. Filed Sept. 10.
DioGiorgi Roofing and Siding, Beacon Falls, contractor for Delphine Swierc. Perform external renovations at an existing singlefamily residence, 2 Winterset Drive, Norwalk. Estimated cost: $8,300. Filed Sept. 6.
J.T. Hafey Builders Inc., Farmingham, Mass., contractor for Harvey Industries. Perform external renovations at an existing commercial building, 260 Martin Luther King Drive, Norwalk. Estimated cost: $120,000. Filed Sept. 5. Keith Construction Inc., Stoughton, Mass., contractor for Bayview Preservation Partners L.L.P. Perform interior alterations at an existing commercial building, 300 Tresser Blvd., Stamford. Estimated cost: $4.95 million. Filed Sept. 6. Lodato, Mario. Fit-out an existing commercial building for tenant, 1250 Summer St., Stamford. Estimated cost: $52,000. Filed Sept. 6.
Diamond Property, Tarrytown, N.Y., contractor for DP 26 L.L.C. Perform interior alterations at an existing commercial building at 1351 Washington Ave., Fifth floor, Stamford. Estimated cost: $75,000. Filed Sept. 19.
Magan-Slough Enterprises L.L.C., Wilton. Preparing commercial space for new tenant for St. Nicholas Grocery II, 86 S. Main St., Norwalk. Estimated cost: $1,000. Filed Sept. 12.
Family Re Entry Inc., Norwalk. Prepare commercial space for new tenant Family Re Entry Inc., 9 Mott Ave., Norwalk. Estimated cost: $4,000. Filed Sept. 13.
Onofrio, Richard, contractor for Norwalk Congregate Home. Perform interior repairs at an existing commercial building, 108 New Canaan Ave., Norwalk. Estimated cost: $62,000. Filed Sept. 11.
Greenwich Acquisitions L.L.C., Norwalk. Fit-out an existing commercial building for tenant Norwalk Academy of Dance, 250 Westport Ave., Norwalk. Estimated cost: $3,000. Filed Sept. 4.
Park Norwalk L.L.C., Greenwich. Fit-out an existing commercial building for tenant for Center for Advanced Pediatrics, 761 Main Ave., Norwalk. Estimated cost: $8,000. Filed Sept. 6.
RMS Construction, Stamford, contractor for Hotel Zero Degree of Norwalk. Construct a shell for a new commercial building, 353 Main Ave., Norwalk. Estimated 44/52 Main St. L.L.C., Norwalk. cost: $1.35 million. Filed Sept. 6. Perform interior renovations and alterations at an existing singleSaugatuck Construction family residence, 44/52 Main St., Group, Stamford, contractor for Norwalk. Estimated cost: $25,000. Reckson, Division of SL Green. Filed Sept. 14. Perform additions and alterations at an existing commercial build- Baybrook Remodelers Inc., ing, 750 Washington Blvd., Stam- West Haven, contractor for ford. Estimated cost: $300,000. Hugh Jamieson. Perform inFiled Sept. 6. terior alterations at a singlefamily residence, 20 Deepwood Signature Construction Corp., Lane, Norwalk. Estimated cost: Stamford, contractor for 737 Ca- $84,000. Filed Sept. 11. nal L.L.C. Perform interior alterations at an existing commercial Bruey, F., Stamford. Perform building for tenant, 737 Canal interior alterations at a singleSt., Stamford. Estimated cost: family residence at 37 Barrett $55,000. Filed Sept. 10. Ave., Stamford. Estimated cost: $35,240. Filed Sept. 17. Skanska USA, New Haven, contractor for Stamford Health Burr Roofing and Siding, StratSystem. Build a new utility plant ford, contractor for Debbie and and tunnel, 30 Shelburne Road, John Yazanko. Perform external Stamford. Estimated cost: $32.59 renovations at an existing singlemillion. Filed Sept. 13. family residence, 12 Deerwood Court, Norwalk. Estimated cost: Sound Construction, Easton, $14,000. Filed Sept. 4. contractor for the city of Norwalk. Erect a nonhabitable space Cavalice, Domenick Sr., Stamfor Fodor Farm, 330 Flax Hill ford. Perform interior alterations Road, Norwalk. Estimated cost: and renovations at an existing $17,474. Filed Sept. 11. single-family residence, 37 Rapids Road, Stamford. Estimated cost: Soundview Farms L.L.C., $17,000. Filed Sept. 18. Stamford. Perform interior alterations at an existing com- CKH Industries, New Windsor, mercial building, 20 Signal N.Y. Moira and Brian Snover. PerRoad, Stamford. Estimated cost: form interior renovations at an $70,000. Filed Sept. 14. existing single-family residence, 160 Southlake Drive, Stamford. Estimated cost: $37,000. Filed Sept. 7.
Residential
Ekland, Douglas, Stamford. Perform interior alterations at a single-family residence, 70 Strawberry Hill, Unit 3A, Stamford. Estimated cost: $14,000. Filed Sept. 10. Faila, Michel, Brookfield, contractor for Gayle Radshaw. Perform external alterations at an existing single-family residence, 19 Rockmere Road, Norwalk. Estimated cost: $12,870. Filed Sept. 11. Fernandez, Edith. Perform interior renovations an existing single-family residence, 10 Woodbury Ave., Norwalk. Estimated cost: $4,000. Filed Sept. 12. Forcellina, Robert, Fairfield, contractor for Christopher Forcellina. Perform additions and alterations at an existing singlefamily building, 6 Betmarlea Road, Norwalk. Estimated cost: $75,000. Filed Sept. 5. Fraser, Robert. Perform interior alterations at a single-family, 1389 High Ridge Road, Stamford. Estimated cost: $83,000. Filed Sept. 12. G & S Renovations L.L.C., Stamford., contractor for Donna and Peter Fernandes. Perform interior renovations an existing single-family residence, 28 Indian Spring Road, Norwalk. Estimated cost: $20,000. Filed Sept. 12.
THE RECORDS SECTION IS NOW AVAILABLE BY DIGITAL SUBSCRIPTION. Go to westfaironline.com/buy/records-section/ for more information and to view a sample. FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012 23
on the record G. Andrew, Stamford. Perform external alterations at an existing single-family residence, 696 Westover Road, Stamford. Estimated cost: $14,200. Filed Sept. 19. Gilchrist, Jennifer and Patrick, Norwalk. Perform interior repairs at an existing single-family residence, 186 W. Rocks Road, Norwalk. Estimated cost: $4,200. Filed Sept. 6. Gomez, Christian. Perform external renovations at an existing single-family residence, 58 Mayflower Ave., Stamford. Estimated cost: $60,000. Filed Sept. 5.
Marco, contractor for Jill and Doug Morea. Perform interior renovations at an existing singlefamily residence, 15 Brownley Drive, Stamford. Estimated cost: $29,000. Filed Sept. 5.
Pope, Richard, Stamford. Perform interior renovations an existing single-family residence, 100 Grey Rock Place, Stamford. Estimated cost: $400,000. Filed Sept. 11.
Melzer, Lianna and Dan. Perform interior alterations and renovations at an existing singlefamily residence, 125 Crystal Lake Road, Stamford. Estimated cost: $45,000. Filed Sept. 4.
Power Home Remodeling Group, Chester, Pa., contractor for Tanya Leboeuf. Perform external renovations at an existing single-family residence, 2 Reservoir Ave., Norwalk. Estimated cost: $2,400. Filed Sept. 11.
Merrit Cosntruction, Monroe, contractor for Melbourne Realty Co. Perform interior renovations at an existing single-family residence, 111 East Ave., Norwalk. Estimated cost: $25,000. Filed Hydar Construction Inc., Sept. 4. Woodbury, contractor for Thomas Throop. Build a new singlefamily residence, 38 Pine Point Michael Greenberg and AssociRoad, Norwalk. Estimated cost: ates L.L.C., Westport, contractor for Judith and D. Gregory Horri$340,000. Filed Sept. 12. gon. Perform interior renovations at an existing single-family resiJ. Franklin Styler Nurseries dence, 10 Shorehaven Road, NorInc., Glen Mills, Pa., contractor walk. Estimated cost: $15,000. for Sallie Howell. Perform ex- Filed Sept. 12. ternal renovations at an existing single-family residence, 8 Wallace Ave., Norwalk. Estimated cost: Nowengerland Construction, Stamford, contractor for Car$18,000. Filed Sept. 14. los Holquin. Perform interior renovations at an existing singleKline, Jeremiah, Norwalk. Per- family residence, 46 Severance form interior renovations an Drive, Stamford. Estimated cost: existing single-family residence, $42,000. Filed Sept. 7. 102 Gregory Blvd., Norwalk. Estimated cost: $9,816. Filed Sept. 5. Patel, Parimal, Norwalk. Perform interior repairs at an existLong Tipp L.L.C., Wilton, con- ing single-family residence, 148 tractor for Jane and William N. Taylor Ave., Norwalk. EstimatIreland. Perform external reno- ed cost: $6,000. Filed Sept. 4. vations at an existing single-family residence, 2 Allen Court, Norwalk. Estimated cost: $15,000. Perreca, Dante, Norwalk. Perform alterations to an existing Filed Sept. 6. single-family residence, 321 Newtown Ave., Norwalk. Estimated M. Castle Construction L.L.C., cost: $12,000. Filed Sept. 5. Norwalk, contractor for Ken Ho. Perform interior alterations at a single-family residence, 41 Car- Petrucci, David, Norwalk, conroll St., Stamford. Estimated cost: tractor for Jacqueline and Eric Sacks. Perform external renova$35,415. Filed Sept. 17. tions at an existing single-family residence, 17 Rocky Point Road, Malkin Cosntruction, Stam- Norwalk. Estimated cost: $25,000. ford, contractor for One Stam- Filed Sept. 6. ford Realty L.P. Perform interior renovations an existing single-family residence, 201 Pineda, Bernardino, West HavTresser Blvd., Stamford. Estimat- en, contractor for Ya Yu Yang. Pered cost: $462,000. Filed Sept. 19. form external renovations at an existing single-family residence, 197 Ely Ave., Norwalk. Estimated Maple Group Inc., Bedford, cost: $9,000. Filed Sept. 12. contractor for Connolly/Longo. Perform additions and alterations at an existing single-family build- Polaski Street L.L.C., Stamford, ing, 48 Silvermine Ave., Norwalk. contractor for James Woseck. Estimated cost: $48,336. Filed Perform alterations to an existing single-family residence, 9 Polaski Sept. 6. St., Stamford. Estimated cost: $100,000. Filed Sept. 18.
Sound Renovation L.L.C., Norwalk, contractor for Rowayton Woods Association. Perform external renovations at a residential community at Rowayton Woods Drive, Norwalk. Estimated cost: $56,000. Filed Sept. 11. Strom Construction, Stamford, contractor for R. Oudsema. Perform interior renovations an existing single-family residence, 23 Saddle Hill Road, Stamford. Estimated cost: $20,000. Filed Sept. 13.
Carlson construction L.L.C., Bridgeport. Filed by The Travelers Indemnity Co., Hartford. Plaintiff’s attorney: Howard Ignal, Bridgeport. Action: The plaintiff and defendant entered into a contract whereby the plaintiff issued an insurance policy to the defendant; the defendant currently owes an outstanding amount of unpaid premiums on the policy. The plaintiff claims money damages and costs between $2,500 to $15,000. Filed Sept. 11. Case no. 6030164.
Agriventures Retail Inc., Danbury. Filed by Michael F. Kelly, Holmes, N.Y. Plaintiff’s attorney: John J. Quinn Jr., Hartford. Action: The plaintiff alleges to have been injured by a bag that was thrown down from a stacked pallet, which caused him serious injury; the defendant is negligent as it failed to take due care in handling its inventory. The plaintiff claims monetary damages in City of Bridgeport, Bridge- excess of $15,000. Filed Sept. 13. port. Filed by Simone Brown, Case no. 6010485 Bridgeport. Plaintiff’s attorney: John-Henry M. Steele, Milford. Action: The plaintiff is an em- Federal Cartridge Co., Anoka, ployee of the municipal corpo- Minnesota. Filed by Robert Saration where she to tripped and lierno, Bethel. Plaintiff’s attorney: fell causing her to suffer personal Patrick F. Lennon, Southport. injuries and losses. The defen- Action: The plaintiff purchased dant is negligent as it failed to a product form the defendant, exercise due care to keep the which exploded in his hand sidewalk in a reasonably safe causing him pain and suffering, condition for pedestrians. The the defendant is negligent as it plaintiff claims fair money dam- failed to test the product. The ages and statutory costs in ex- plaintiff claims monetary and cess of $15,000. Filed Sept. 10. punitive damages. Filed Sept. 17. Case no. 6010502. Case no. 6030145.
Power Home Remodeling Group, Chester, Pa., contractor for Michele and Edward Caprece. Perform external renovations at an existing single-family residence, 31 Oakwood Ave., Norwalk. Estimated cost: $17,383. Filed Sept. 11.
Taddel, Paul, contractor for Christian Feeny. Perform interior and exterior renovations at an existing single-family residence, 369 Woodbridge Road, Stamford. Estimated cost: $50,000. Filed Sept. 4.
Rahman, A. Perform interior renovations at an existing singlefamily residence, 11 Edgewood Ave., Stamford. Estimated cost: $7,200. Filed Sept. 14.
Tandet, Debbie. Perform interior repairs at an existing singlefamily residence, 66 Westview Lane, Stamford. Estimated cost: $15,000. Filed Sept. 6.
Renewable Resources, Stamford. Contractor for N. Hiller. Perform external renovations at an existing single-family residence, 20 Redbird Road, Stamford. Estimated cost: $14,938. Filed Sept. 13.
Thaqi, Hatman. Perform external renovations at an existing single-family residence at a twofamily residence, 21 Limerick St., Discount Power Inc., GreenStamford. Estimated cost: $5,000. wich. Filed by Corvox L.L.C., et al. Plaintiff’s attorney: SaFiled Sept. 11. brina A. Victor, Danbury. Action: The plaintiff was caused to Turner, Michael, Middletown, slip and fall due to a pothole in contractor for Winnipauk Village. the parking lot containing ice, Perform external renovations at thereby suffering injuries and a residential community, 71 Ai- losses due the negligence of the ken St., Norwalk. Estimated cost: defendant as it failed to maintain the premises. The plaintiff $686,000. Filed Sept. 11. claims monetary damages in excess of $15,000. Filed Sept. 11. Wadolowski, Adam, Norwalk. Case no. 6030177. Perform interior alterations and renovations at an existing singlefamily residence, 13 Soundview Hut L.L.C., Bridgeport. Filed by, Ave., Norwalk. Estimated cost: Toyota Motor Credit Corp., Torrance, Calif. Plaintiff’s attorney: $12,000. Filed Sept. 13. Edward D. Jacobs, New Haven. Action: The plaintiff alleges to Wishing Well Builders, Stam- have entered into a agreement ford. Build a new single-family which the defendant has failed to residence, 193 Erkskine Road, pay. The defendant has defaulted Stamford. Estimated cost: on payments and the vehicle was $918,000. Filed Sept. 7. repossessed as collateral for a loan. The plaintiff claims monetary damages. Filed Sept. 11. Court Cases Case no. 6030180.
RMS Construction, Stamford, contractor for Tobias Weiss. Perform alterations to an existing single-family residence, 27 High Ridge Road, Stamford. Estimated cost: $100,000. Filed Sept. 6. Sanchez, Carlos. Perform external alterations at an existing single-family residence, 36 Wilson St., Stamford. Estimated cost: $13,000. Filed Sept. 12. Sears Home Improvement, Rocky Hill, contractor for Tamara Hall. Perform external renovations at an existing single-family residence, 12 Teakettle Place, Norwalk. Estimated cost: $8,821. Filed Sept. 7.
Shore and Country Partners L.L.C., Fairfield, contractor for Pokorney/Panian. Perform interior alterations and renovations at an existing single-family residence, 4 Sylvester Court, Nor- A&B Mechanical L.L.C., et al., walk. Estimated cost: $39,977. Monroe. Filed by Trane U.S. Inc., Filed Sept. 13. Lacrosse, Wis. Plaintiff’s attorney: Bonnie D. Kumiega & Associates, Solarcity Corp., San Mateo, Somers. Action: The plaintiff encontractor for Maulik Thakkar. tered into an agreement with the Perform installation of solar pan- defendant for certain renovations els at a single-family residence, and construction work; the de32 Buckingham Place, Norwalk. fendant has failed to provide payEstimated cost: $22,680. Filed ment for services rendered. The plaintiff claims attorney’s fees in Sept. 13. excess of $15,000. Filed Sept. 12. Case no. 6030217.
Bridgeport Superior Court
Danbury Superior Court
Ruby Tuesday Inc., Hartford. Filed by, Kimberly Vecchione, Trumbull, Plaintiff’s attorney: Augustine Sevillano, Bridgeport. Action: The plaintiff went to the restaurant to have lunch and ordered a chicken dish and was given a fish dish, which she was severely allergic to. The plaintiff charges the defendant with negligence and carelessness. The plaintiff claims monetary damages in excess of $15,000. Filed Sept. 11. Case no. 6030168.
24 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
Krell Industries L.L.C., Hartford. Filed by AB Electronics Inc., Brookfield. Plaintiff’s attorney: Jack D. Garamella, Danbury. Action: The plaintiff and defendant entered into a verbal agreement to provide goods, wares and merchandise to the defendant. The defendant has been negligent in paying for said goods, which is $32, 269.07. The plaintiff claims monetary damages, interest, costs and collection. Filed Sept. 18. Case no. 6010510.
Racing Brook Meadows No. 1 Condominium Association I, et al., New Milford. Filed by, Terri Santiago, et al., Danbury. Plaintiff’s attorney: Robert Guendelsberger, New Milford. Action: The plaintiff was a resident of the said condominium when she was caused to slip and fall on ice thereby sustaining injuries. The defendant is negligent as it failed to maintain the premises and keep it in a safe condition for its residents. The plaintiff claims monetary damages in excess of $15,000. Filed Sept. 14. Case no. 6010487.
on the record Credits, Clients and Awards AmeriCares, headquartered in Stamford, was selected as one of Hearst Connecticut Media Group’s Top Workplaces for 2012. AmeriCares was one of 35 employers in Southern Connecticut honored based on the results of an employee survey conducted by WorkplaceDynamics L.L.P., a research firm on organizational health and employee engagement.
Renee East of West Haven has been appointed vice president of Community Facilities at The Kennedy Center in Trumbull. Most recently, East worked at Goodwill Industries in Bridgeport as the vice president of human services and managed residential services, youth, day programs and employment programs throughout Connecticut. She holds a bachelor’s degree from the University of Massachusetts and a Master of Science degree from Southern Connecticut State University. Donald Gustafson, a partner in the Stamford office of Shipman & Goodwin L.L.P., is serving as president of the Fairfield/Westchester chapter of the Real Estate Finance Association of Connecticut (REFA-CT), which provides information, education and networking opportunities for stakeholders in the real estate finance industry. Gustafson is also a member of REFA-CT’s board of directors.
Snapshot Near & Far Aid of Fairfield County recently honored Bank of America and U.S. Trust, Bank of America Private Wealth Management with the Community Compassion Award at its annual meeting at the Pequot Library. The award is presented to organizations that go above and beyond in eliminating the causes and effects of poverty in Fairfield County.
Susan Hirshman has joined Fieldpoint Private as a managing director and senior advisor in the firm’s New York City offices. She joins Fieldpoint Private from the consulting firm SHE Ltd., where she served as president, focusing on enhancing the financial literacy of women globally and on helping financial advisors and their cliFrom left, Joan Panagos, chairperson, corporate sponsorship, Near & ents work more effectively together. Far Aid; Bill Tommins, market president, Southern Connecticut, Bank
of America; Kim Meier, co-chairperson of corporate sponsorship, Near & Far Aid; Marion Schmeelk, market executive, Fairfield County, U.S.
From left, AmeriCares senior vice president of human resources Kevin Gilrain accepts the Top Workplaces award from John DeAugustine of Hearst Media Services.
Robert L. Holzberg, who retired from the Connecticut Trust, Bank of America Private Wealth Management; and Carol Heller, Superior Court yesterday after more than 20 years of service, has market manager, Southern Connecticut, corporate social responsibility, joined Pullman & Comley L.L.C. as a member, based in the firm’s Bank of America. Hartford office. The firm has offices in White Plains, N.Y., BridgeThe Ashforth Company in Stamford recently teamed up port, Hartford, Stamford and Waterbury. More than 700 family and friends recently attended a reception to with Future 5, a nonprofit organization located in Stamford, deditoast the collaboration between developer R.D. Scinto and Babette cated to helping low-income high school students graduate and transition to skilled jobs, college or vocational studies. In addition Douglas McHugh has been named to the founding faculty Bloch, an award-winning Redding sculptor who transformed da to a financial contribution, Ashforth collaborated with Future 5’s of the Frank H. Netter MD School of Medicine at Quinnipiac Uni- Vinci’s drawing about man and proportion and his relationship to versity. As an assistant professor of medicine, McHugh will teach the universe into a monumental water-jet cut sculpture at Shelton’s staff to create a work experience program for the students. courses in pharmacology, neurosciences and statistics. Most recently, Enterprise Corporate Park. McHugh was an assistant scientist and visiting assistant professor of Paul Ficalora of Coldwell Banker Commercial (CBC) NRT neurosciences in the psychology department at Indiana University. in Greenwich recently graduated from the Coldwell Banker Commercial Emerging Broker Training (EBT) program, a four-month, comprehensive training program targeted for CBC professionals Loretta Nolan of Loretta Nolan Associates L.L.C. has been named among this year’s 100 Top Wealth Managers, the third conwith one year or less experience in commercial sales and leasing. secutive year she has achieved the Top Wealth Manager distinction. This ranking is compiled by AdvisorOne and Investment Advisor, Fairfield University was ranked number two in the Best a publication of Summit Business Media, using an online survey of Regional University North in the “Best Colleges 2013” rankings, more than 280 participating wealth management firms nationwide. tied with Loyola University Maryland. This is the second consecutive year Fairfield University has achieved the No. 2 position in the “Best Colleges” national rankings.
On the Go: Business, Etc.
Newsmakers
Saturday Oct. 6
“New Grad Job Search Success in a Down Economy” A Jobs SeDiane Bredehoft of Norwalk has been ries Talk at the Fairfield Public Library, 2 to 4 p.m., Rotary Room promoted to first vice president at The Bank of at the Main Library, 1080 Old Post Road, Fairfield. To register, visit New Canaan. In 2008, she joined The Bank of fairfieldpubliclibrary.org or call 256-3160. New Canaan, where she is responsible for developing new lending relationships, managing exTuesday Oct. 9 isting customers and underwriting for new and existing real estate and C&I loans. A graduate of DePauw University, Bredehoft received her MBA Temple Israel Networking Group for individuals in their job search, 2 p.m., Temple Israel, 14 Coleytown Road, Westport. For R.D. Scinto with sculptor Babette Bloch of Redding, at the installation of in finance from the University of Connecticut. information, call 227-1293. “Vitruvian Man.” Photo by Marc Mellon. Energize Connecticut announced that 16 Connecticut home performance contractors were recently recognized by the Department of Energy as “Century Club Contractors” for their successful completion of more than 100 Home Performance with ENERGY STAR projects in 2011. The 16 contractors were part of a national group of just 86 contractors receiving Century Club recognition.
Information for these features has been submitted by the subjects or their delegates.
GET THE RECORDS EARLY. Go to westfaironline.com/buy/records-section/ for more information and to view a sample. FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012 25
on the record Stamford Superior Court Knipschildt Chocolatier L.L.C., Norwalk. Filed by Evco Specialty Packaging, Franklin New Hampshire. Plaintiff’s attorney: Brian Cantor, Fairfield. Action: The plaintiff provided the defendant with goods on an open account, which the defendant has failed to pay in full causing the plaintiff damages in the amount of $3,151.90. The plaintiff claims monetary damages, costs and interest in excess of $2,500. Filed Sept. 11. Case no. 6015447. Longo’s Rent-A-Tool Inc., et al., Stratford. Filed by Chartis Property Casualty Co., et al., Alpharetta, Ga. Plaintiff’s attorney: Ellen M. Aspell, Glastonbury. Action: The plaintiff issued an insurance policy to the defendant and additional insurance was to be taken out by a contractor when an excavator was caused to tip over and fall in the pond, and remained submerged. The defendant was negligent as it failed to remove the submerged excavator and failed to take necessary precautions to insure the excavator was secure on the premises. The plaintiff seeks damages in excess of $2,500. Filed Sept.10. Case no. 6015441. The Connecticut Light and Power Co., Berlin. Filed by Great Northern Insurance Co. as subrogee, Warren, N.J. Plaintiff’s attorney: Derek E. Donnelly, Windsor Locks. Action: The defendant was performing maintenance at the plaintiff’s premises when a power surge passed through resulting in significant damages and destroying a transient voltage suppressor and the bus bar in the electrical room. The defendant is negligent as it caused damages and destruction to the plaintiff’s property. The plaintiff claims monetary damages and costs in excess of $15,000. Filed Sept. 10. Case no. 6015446.
Deeds
Commercial 100 Mason St. L.L.C., Stamford. Seller: Harrison Management Company, Smyrna, Ga. Property: 100 Mason St., Greenwich. Amount: $5.85 million. Filed Sept. 7.
297 Selleck St. L.L.C., Stamford. Seller: Fred N. Durante Jr. Enterprises L.L.C., Stamford. Property: 297 Selleck St., Stamford. Amount: $980,000. Filed Sept. 13.
Berman, Barbara F., Bedford, N.Y. Seller: Catherine Cunningham, Stamford. Property: 10 Doral Farms Road, Stamford. Amount: $644,000. Filed Sept. 4.
ES Vntures One L.L.C., Southport. Seller: Belray Proterty V L.L.C., Greenwich. Property: 305 Milbank Ave., Greenwich. Amount: $1.95 million. Filed Sept. 4.
Bernert, Deborah, Stamford. Seller: Catherine Lovoll, Stamford. Property: 104 North St., Unit 502, Stamford. Amount: $290,000. Filed Sept. 4.
Gulla, Fernando A., Rye, N.Y. Seller: Riverstone Partners L.L.C., Norwalk. Property: 69 Riverdale Ave., No. 203, Greenwich. Amount: $600,000. Filed Sept. 11. Rosa’s Florist L.L.C., Bridgeport. Seller: Thomas Benedetto, Newtown; and Louis J. Benedetto Jr., Monroe. Property: 3618-3622 Main St., Bridgeport. Amount: $320,000. Filed Sept. 10.
Bloom, and Deborah and Hillard, Norwalk. Seller: Berenice F. Zullo, Norwalk. Property: 4 1/2 Seaside Place, Norwalk. Amount: $145,000. Filed Aug. 31. Bullock-Winn, Elise, Danbury. Seller: Gary L. Turzilli, Stamford. Property: 92 Coolidge Ave., Stamford. Amount: $325,000. Filed Sept. 6.
Bybee, Elisa and Grevatt, Douglas, Danbury. Seller: Anne and Salvatore L. Buono, Norwalk. Property: 154 East Rocks Road, Norwalk. Amount: $549,900. 20 Maple Tree Ave. L.L.C., Stam- Filed Aug. 31. ford. Seller: Alexander C. Putney, Stamford. Property: 20 Maple Caruso, Francesco, Trumbull. Tree Ave., Unit K, Stamford. Seller: Sarah C. Herrera, BridgeAmount: $300,000. Filed Sept. 14. port. Property: 55 Wessels Ave., Unit 18, Bridgeport. Amount: Alpert, Matthew, Fairfield. Sell- $39,000. Filed Sept. 6. er: U.S. Bank N.A., Salt Lake City, Utah. Property: Lots 159 and 160, Celini, Ugo, West Haven. Seller: Map 641, Stamford. Amount: Jane and Ronald J. Corcillo, Nor$179,199. Filed Sept. 6. walk. Property: 17 Karen Drive, Norwalk. Amount: $397,500. Alves, Steve, Bridgeport. Seller: Filed Sept. 4. Carmen and Stella Bocchino, Shelton. Property: 474-476 Mer- Cerminaro, Robert A., Stamritt St., Bridgeport. Amount: ford. Seller: Dolores P. Gum$150,000. Filed Sept. 10. ski, Meriden. Property: 7 Harcroft Road, Stamford. Amount: Armah, Tichianaa and Joseph, $630,000. Filed Sept. 7. Norwalk. Seller: Sheila and James Marshall, Norwalk. Property: Chan, Sarah and Anthony, 216 New Canaan Ave., Norwalk. Stamford. Seller: Kathy J. Price Amount: $635,000. Filed Sept. 4. and Lynn S. Garfi, Renton, Wash. Property: 62 Ken Court, StamAthanasiadis, Simela and Atha- ford. Amount: $445,000. Filed nasios, Norwalk. Seller: Page Sept. 6. M. Baird, Norwalk. Property: 41 Bayne St., Norwalk. Amount: Cottrill, Carol and John G. $380,200. Filed Aug. 31. Seller: Karen C. Smith. Property: 76 Crooked Trail, Rowayton. Bach, Meredith A., New York Amount: $122,500. Filed Sept. 4. City. Seller: Michelle and Thomas Wheeler, Norwalk. Property: 23 Cronin, Rosemary, RiverThomas St., Norwalk. Amount: side. Seller: Louis D. Berardino, $691,325. Filed Sept. 4. Stamford. Property: 77 Havermeyer Lane, Unit 20, Stamford. Barakett, Patricia, Greenwich. Amount: $875,000. Filed Sept. 13. Seller: Susan E. and William P. Stiritz, Greenwich. Property: 70 Otter Rock Drive, Greenwich. Amount: $5.18 million Filed Sept. 4.
Residential
Danilek, Elizabeth and Gregory, Port Washington, N.Y. Seller: Eric R. Wilson, Stamford. Property: 1 Hickory Drive, Stamford. Amount: $1,100,000. Filed Sept. 7. Denton, Rebecca and Richard, Stamford. Seller: Karen Fickett, Sherman. Property: 27 Marian St., Stamford. Amount: $310,000. Filed Sept. 7. Devita, Matthew. Seller: Nicole and Tynan Fitzgerald, Norwalk. Property: 77 Sunrise Hill Road, Unit 33, Norwalk. Amount: $225,000. Filed Sept. 4.
Fogarty, David, Hong Kong. Seller: Hope T. Horton, Sausalito, Calif. Property: 51 Forest Ave., Unit 109, Greenwich. Amount: $660,000. Filed Sept. 4. Heide, Leah and Ryan, Stamford. Seller: Suzanne M. Kelly, Stamford. Property: 95 Rockledge Lane, Stamford. Amount: $557,000. Filed Sept. 4. Hellinger, Aryn and Jeremy, Riverside. Seller: Virginia and David Kauppi, Greenwich. Property: 18 Spring St., Riverside. Amount: $1.68 million. Filed Sept. 5.
Diaz, Freddie. Seller: Louis Afonso and John A. Tiago, Property: 1600-1602 Park Ave., Bridgeport. Amount: $206,700. Filed Sept. 10.
Ho, Paul T. Seller: Maria and Johan De Los Santos, Greenwich. Property: 59 Hastings Lane, Stamford. Amount: $715,000. Filed Sept. 4.
DiCesare, Kathleen. Westport. Seller: Sylvia V. D’Agostino, Norwalk. Property: 71 Aiken St., Unit 1, Norwalk. Amount: $290,000. Filed Aug. 31.
Howard, Steven, Sunnyvale, Calif. Seller: Anthony Chan, Stamford. Property: 85 Camp Ave., Unit 11G, Stamford. Amount: $367,500. Filed Sept. 6.
Doussous, Lurianne and Rolanda St. Clair, Stamford. Seller: The Secretary of Housing and Urban Development of Washington, D.C., Property: 810 Thorne St., Bridgeport. Amount: $113,000. Filed Sept. 10.
Johnson, Jolie and Matthew G. Seller: Elizabeth C. and Jansen III Noyes. Property: 101 Otter Rock Drive, Greenwich. Amount: $3.69 million. Filed Sept. 7.
Julien, Wendy L. and Robert M. Seller: Gloria and William HarEldredge, Donna Cheung, mon, Coral Springs, Fla. ProperGreenwich. Seller: Kay K. Dick- ty: 12 Ells St., Norwalk. Amount: son, Cary, N.C. Property: 25 $485,000. Filed Aug. 30. Spezzano Drive, Greenwich. Amount: $730,000. Filed Sept. 12. Kocum, Mary D., Easton. Seller: Ellen J. Gerstein and Arthur S., Equity Trust Co., custodian, Norwalk. Property: 111 FoxScarsdale, N.Y. Seller: Francisco boro Drive, Norwalk. Amount: Alicea, Bridgeport. Property: $330,000. Filed Sept. 4. 168 Carnegie Ave., Bridgeport. Amount: $65,000. Filed Sept. 6. Kotuzyak, Olya and Yosyf, Stamford. Seller: Linda Susan Fealey, Nicole and Ryan, Asto- Chen and Kon Swee, Tomball, ria, N.Y. Seller: Denitza Krasteva Texas. Property: 76 Maple St., and Christopher J. Gale, Stam- Norwalk. Amount: $325,000. ford. Property: 14 Nyselius Place, Filed Sept. 4. Stamford. Amount: $622,000. Filed Sept. 7. Lentini, Anthony, Courtland Manor, N.Y. Seller: Virginia PerFerreira, Jacqueline M., Shel- rin, Stamford. Property: 85 Rivton. Seller: George R. Womack, erside Ave., Stamford. Amount: Hillsboro, Ore. Property: 3 Cro- $262,000. Filed Sept. 12. cus Lane, Norwalk. Amount: $320,000. Filed Aug. 31. Love, Aubrie E., Norwalk. Seller: Mary Ann and Kenneth RobFlores, Jaime J., Bridgeport. inson. Property: 14 Glasser St., Seller: Loreto Mallone, Trumbull. Norwalk. Amount: $209,000. Property: 16 Omega St., Bridge- Filed Sept. 4. port. Amount: $150,000. Filed Sept. 10. Lynch, Robert E., Stamford. Seller: Robert J. Mattera, Norwalk. Property: 33 Hanover St., Stamford. Amount: $470,000. Filed Sept. 14.
26 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
Malpartida, Gino, Norwalk. Seller: Launa D. Taylor, Norwalk. Property: 33 King St., Norwalk. Amount: $340,000. Filed Aug. 31. Martinez, Gabriel, Bridgeport. Seller: Alaerta Alves, Bridgeport. Property: 69-71 Edna Ave., Bridgeport. Amount: $180,000. Filed Sept. 10. Martinez, Jamie and Brian, Seller: Gwendolyn Logan Porricelli, Norwalk. Property: 51 E. Rocks Road, Norwalk. Amount: $440,000. Filed Sept. 4. Merolla, Gianfranco, Greenwich. Seller: Holly R. Wilkinson, Greenwich. Property: 150 Prospect St., Unit 7, Greenwich. Amount: $497,500. Filed Sept. 4. Milligan, Mark. Seller: Federal National Mortgage Association. Property: 8 Brooklawn Place, Bridgeport. Amount: $122,000. Filed Sept. 10. Mitu, Petre Laurentiu. Seller: Federal National Mortgage Assocaition. Property: 21 Prospect St., Unit A102., Norwalk. Amount: $125,000. Filed Aug. 29. Moadel, Alyson, Pelham, N.Y. Seller: Francine G. Hammond. Property: 179 Janes Lane. Stamford. Amount: $505,000. Filed Sept. 11. Moriarty, Terence P., Dover, Mass. Seller: Barbara Ryan, Stamford. Property: 52 Chesterfield Road, Stamford. Amount: $889,000. Filed Sept. 12. Morison, Katie F., Norwalk. Seller: Stacy and Michael DioGiovanni. Property: 3 Viscont St., Norwalk. Amount: $375,000. Filed Sept. 4. Munoz, Carla, Old Greenwich. Seller: Suzanne Stillwell, Greenwich. Property: 21 Whiffle Tree Way, Unit 9, Greenwich. Amount: $592,000. Filed Sept. 6. Pabbisetty, Praveen and Pavithra Sathyan, Norwalk. Seller: Lorraine A. Hinlickley. Property: 100 Richards Ave., Unit 411, Norwalk. Amount: $315,000. Filed Sept. 4. Pryce, Jason A., Bridgeport. Seller: Camelot Development L.L.C., Bridgeport. Property: 12 Armstrong Place, Bridgeport. Amount: $115,000. Filed Sept. 10.
on the record Putney, Alexander G., Stamford. Seller: Virginia Sparano, Stamford. Property: 22 Saxon Court, Stamford. Amount: $490,000. Filed Sept. 14. Ralston, Sam, Fairfield. Seller: Judith and Eric Webb, Greenwich. Property: 86 Ritch Ave. West, Greenwich. Amount: $470,000. Filed Sept. 7. Rogers, David A., Greenwich. Seller: Tracy C. and Timothy J. Kidregan, Greenwich. Property: 219 Glenville Road, Greenwich. Amount: $1.15 million. Filed Sept. 5. Roman, Peter J., Brooklyn, N.Y. Seller: Hutmaker Homes L.L.C., Trumbull. Property: 38 Fifth St., Norwalk. Amount: $439,000. Filed Aug. 31. Rosa’s Florist L.L.C., Bridgeport. Seller: Thomas Benedetto, Newtown; and Louis J. Benedetto Jr., Monroe. Property: 3618-3622 Main St., Bridgeport. Amount: $320,000. Filed Sept. 10. Russell, Linda and Dean G. Jr. Generoso, Norwalk. Seller: Marilyn D. Waite, Stamford. Property: 264 Cedar Heights Road, Stamford. Amount: $425,000. Filed Sept. 4. Ryan, Barbara and Michael T., Stamford. Seller: Maryalice R. Ryan, Stamford. Property: 20 Ocean Drive, Stamford. Amount: $1.52 million. Filed Sept. 13. Schwartz, Courtney and Daniel S. Seller: Brandy and Garry Potter, Norwalk. Property: 8 Gillies Lane, Norwalk. Amount: $320,000. Filed Sept. 5.
Silva, Manuel. Seller: Robert Zarzuella, Bridgeport. Property: 190 Moffitt St., Bridgeport. Amount: $20,000. Filed Sept. 10. Stepanian, Maria and Bryan Arsen, Greenwich. Seller: Debra R. Kovach, Norwalk. Property: 9 Lucy St., Greenwich. Amount: $500,000. Filed Sept. 6. Sterios, Nikki, Stamford. Seller: Edward Ho, Stamford. Property: 2435 Bedford St., Unit 17B, Stamford. Amount: $515,000. Filed Sept. 4.
Xu, Po Priscilla, Stamford. Seller: David Smolanoff, Stamford. Property: 1 Strawberry Hill, Unit L14, Stamford. Amount: $230,000. Filed Sept. 6.
Velaj, Mhil, et al. Creditor: HSBC Bank USA N.A., Buffalo, N.Y. Property: 154 Ocean Drive East, Stamford. Mortgage default. Filed Sept. 12.
Yacenda, Jennifer. Seller: RMS Long-Term Family Investment II L.L.C., Stamford. Property: 85 Camp Ave., Unit 8B, Stamford. Amount: $570,200. Filed Sept. 7.
Vera, Marco, et al. Creditor: Citimortgage Inc., O’Fallon, Mo. Property: 26 Stag Lane, Greenwich. Mortgage default. Filed Sept. 11.
Yorke, Joshua L., Stamford. Seller: Mitchell A. Combs Jr., Port Chester, N.Y. Property: 50 Glenbrook Road, Unit 7G, Stamford. Amount: $245,000. Filed Sept. 10.
Stern, Gary and Shahrzad Ghorashi, Greenwich. Seller: Andrew Foreclosures D. Wood, Greenwich. Property: 18 Stillman Lane, Greenwich. Castellini, Anthony. Creditor: Amount: $4.40 million. Filed CitiMortgage Inc., O’Fallon, Mo. Sept. 6. Property: 96-100 Manila Place, Bridgeport. Mortgage default. Taylor, Luna D., Norwalk. Seller: Filed Sept. 10. Elizabeth A. Bavor, Norwalk. Property: 4 Saddle Road, Nor- Cervantes, Victor, et al. Crediwalk. Amount: $206,250. Filed tor: Greenpoint Mortgage FundSept. 4. ing Inc., Atlanta, Ga. Property: 1531 Stratford Ave., Bridgeport. Toepke, Beverley and Utz, Mortgage default. Filed Sept. 6. Stamford. Seller: Cynthia S. Rosenthal, Stamford. Property: 5 Crown Ridge Associates L.L.C., Alfred Lane, Stamford. Amount: et al. Creditor: DJD Holding $715,000. Filed Sept. 4. L.L.C., Pomona, Calif. Property: 1372 Summer St., Stamford. Tulloch, Timothy Harrison and Mortgage default. Filed Sept. 11. Etsuka Kambara, Riverside. Seller: Mary Anne Moore, Cos Cob. Juarez, Asbei. Creditor: CiProperty: 28 Crawford Terrace, timortgage, Inc., O’Fallon, Mo. Riverside. Amount: $792,000. Property: 1119-1121 Stratford Filed Sept. 10. Ave., Bridgeport. Mortgage default. Filed Sept. 6. Versaggi, Nicole M. and Scott D., Stamford. Seller: Juliana C. Lawson, Daniel S. Creditor: and Edward D. Morris, Stamford. HSBC Bank USA N.A., Buffalo, Property: 79 Lenox Ave., Stam- N.Y. Property: 156 Benson St., ford. Amount: $395,000. Filed Bridgeport. Mortgage default. Sept. 4. Filed Sept. 6.
Sebastian, Cinemol and Joby Varghese. Seller: The Bank of New York Mellon, trustee, New York City. Property: 62 Truman St., Norwalk. Amount: $476,000. Filed Aug. 31.
Wakeman, Sally Strupp and Frederic E., London, England. Seller: Alison and Douglas Greenig, Greenwich. Property: 138 Pecksland Road, Greenwich. Amount: $4.67 million. Filed Sept. 12.
Seibert, An-Tong Ferdinand and Vladina Hess, Greenwich. Seller: Dana Adams, Greenwich. Property: 77 Mallard Drive, Greenwich. Amount: $955,000. Filed Sept. 4.
Wilson, Benson Page, Riverside. Seller: Micole and Laurence Bag, Greenwich. Property: 2 Owenoke Way, Riverside. Amount: $2 million. Filed Sept. 6.
Morales, Lydia, et al. Creditor: Beneficial Mortgage Company of Connecticut, Wallingford. Property: 237 Colorado Ave., Bridgeport. Mortgage default. Filed Sept. 10. Osievskii, Maria, et al. Creditor: Wells Fargo Bank N.A., Bloomington, Minn. Property: 41 Rockridge Lane, Stamford. Mortgage default. Filed Sept. 12.
Kock, Paul, et al., Old Greenwich. $165,326.16 in favor of Roland E. Bye P.C., Santa Ana, Calif., by Anthony J. LaBella, Fairfield. Property: 2 Random Road, Old Greenwich. Filed Sept. 7.
Christie, Neil Jr., 257 Weaver St., Apt. 4B, Greenwich. $95,787.45, tax debt on income earned. Filed Sept. 4.
Connecticut New York Lighting Co., 246 Selleck St., Stamford. McGhee, Ray, Greenwich. $55,244.90, payroll taxes. Filed $834.90 in favor of Connecticut Sept. 11. Children’s Specialty Group Inc., Hartford, by Karen E. Lahey, Waterbury. Property: 35 Pemberwick Constantineau, Louis and I. Road, Unit 2, Greenwich. Filed Lussier, 121 Towne St., Apt. 608, Stamford. $12,658.19, tax debt on Walter, Michele K., et al. Credi- Sept. 6. income earned. Filed Sept. 4. tor: Bank of America N.A., Charlotte, N.C. Property: 182 Earl Ave., Bridgeport. Mortgage de- Pinto Pools Inc., et al., Stamford. $7,815.11 in favor of Seabord In- Evers, S., 18 Hillwood Place, fault. Filed Sept. 6. dustries Inc., Hawthorne, N.J., by Norwalk. $29,306.08, tax debt on Sugarmann & Sugarmann, New income earned. Filed Sept. 4. Haven. Property: 346 Thunder Hill Drive, Stamford. Filed Sept. 6. Forst, Leland, 21 Hendrie Ave., Judgments Riverside. $23,482.18, trust fund Bryan, Joyce, Stamford. Sandoval, Jennifer, Stamford. recovery penalty and/or excise $1,741.89 in favor of Hospital of $2,163.00 in favor of Green- taxes imposed. Filed Sept. 4. Saint Raphael, New Haven, by wich Anesthesiology Associates, Karen E. Lahey, Hertzmark, Wa- Greenwich, by Stephen A. Wieterbury. Property: 50 Wilson St., ner, East Hartford. Property: 194 Jocelyn, Daniel N., 741 Riversville Road, Greenwich. Stamford. Filed Sept. 6. West Ave., Suite 3, Stamford. Filed $396,010.23, tax debt on income Sept. 11. earned. Filed Sept. 10. Camm of Stamford Inc., Stamford. $40,064.10 in favor of Joseph Sempey, Mary, Stamford. P. Sargent, Stamford, by Joseph P. $17,824.07 in favor of Capital Kotulsky, Paul F., 39 Spring Hill Sargent. Property: 29 Poplar St., One N.A., Richmond Va., by Ste- Ave., Norwalk. $24,273.10, tax debt on income earned. Filed Stamford. Filed Sept. 14 phen A. Wiener, East Hartford. Sept. 4. Property: 36 Turn of River Road, Cardenas Crowley, Silvia O., et Apt. B3, Stamford. Filed Sept. 6. La Fontanella Ristorante, 838 al., Greenwich. $8,052,911.80 in High Ridge Road, Stamford. favor of Suntrust Bank, Jackson- Valle, Manuel, Stamford. ville, Fla., by Winston & Winston, $13,500 in favor of Chicago Title $135,659.66, payroll taxes. Filed New York City. Property: 4 River Insurance Co., Omaha, Neb., by Sept. 4. Ave., Greenwich. Filed Sept. 11. Katherine A. McColgan, Hamden. Property: 67 Noble St., LaChance, Jason M., 200 Henry St., Apt. 3611, Stamford. $21.12 Cubur, Enrique, Stamford. Stamford. Filed Sept. 13. million, tax debt on income $11,701.12 in favor of Midland earned. Filed Sept. 11. Funding L.L.C., San Diego, Calif., Liens by Stephen A. Wiener, East Hartford. Property: 11 Pepper Ridge McDow, Carol S. and Craig M., Road, Stamford. Filed Sept. 6. 25 Ward St., Norwalk. $7,544.50, tax debt on income earned. Filed Sept. 4. Dowd, Kerry M., Norwalk. $1,041.52 in favor of Capital One N.A., Richmond Va., by Stephen Gillon, M. Nancy, Greenwich. OB-Gyn Professional AssociA. Wiener, East Hartford. Prop- Filed by Brad Hvolbeck Inc. d.b.a ates P.C., 166 W. Broad St., Suite erty: 4 Glenwood Ave., Apt 5, Prudential Brad Hvolbeck Real 201, Stamford. $40,118.46, payEstate, Greenwich. Property: Norwalk. Filed Sept. 5. 203 Overlook Drive, Greenwich. roll taxes. Filed Sept. 11. Amount: $109,525. Filed Sept. 10. Flynn, Sharon L., Stamford. $19,532.85 in favor of U.S. Equities Corp., South Salem, N.Y., by Linda Strumpf, New Canaan. Property: 480 Hope St., First floor, Stamford. Filed Sept. 4.
Broker’s Lien Filed
Federal Tax Liens - Filed
Alca L.L.C., 838 High Ridge Road, Stamford. $135,659.66, payroll taxes. Filed Sept. 4.
THE RECORDS SECTION IS NOW AVAILABLE BY DIGITAL SUBSCRIPTION. Go to westfaironline.com/buy/records-section/ for more information and to view a sample. FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012 27
on the record Federal Tax Liens – Released
Dietz, Debra Lynn, Stamford. Filed by Darbis Construction by Sperry A. DeCrew, Esq., New Canaan. Property: 210 Ocean Drive East, Unit 12, Stamford. Amount: Carpenter, Nicole, 41 Ericson $3,450. Filed Sept. 6. Drive, Stamford. $107,973.89, tax debt on income earned. Filed Sept. 4. Fallus, Jeffrey and Rachel, Greenwich. Filed by Covenant Construction L.L.C., Danbury Gallicchio, Lori and Alfred, by Elstein and Elstein P.C., Brige12 Shady Lane, Greenwich. port. Property: Lot 3, Map 3622, $185,440.79, tax debt on income Greenwich. Amount: $85,180. earned. Filed Sept. 4. Filed Sept. 12 Greenspon, Rosemary and Barry, 191 Shore Road, Old Greenwich. $107,520.65, tax debt on income earned. Filed Sept. 4. Hearn, Gervais B. and Paul D., 31 Center Drive, Old Greenwich. $27,819.07, tax debt on income earned. Filed Sept. 4. Liverakos, Titiana, 28 Barlett Lane, Stamford. $9,838.97, tax debt on income earned. Filed Sept. 11. Lorusso, Gary F., 2 Admiral Lane, Norwalk. $359,117.84, tax debt on income earned. Filed Sept. 4. Mancill, Gail W., 29 Horizon Drive, Norwalk. $13,605.92, tax debt on income earned. Filed Sept. 4.
Caccire, Robert, et al., Bridgeport. Filed by Robert N. Sensale, New Haven, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 245-247 Clinton Ave., Bridgeport. Action: to foreclose tax liens levied by the city of Bridgeport. Filed Sept. 6.
Crespo, Joaquin, Bridgeport. Filed by William R.Dziedzic, Farmington, for OneWest Bank F.S.B., Pasadena, Calif. Property: 2857-2859 Main St., Bridgeport. Action: to foreclose a delinquent mortgage in the original prinLopatin-Ferro, Emily B., Green- ciple amount of $342,650, dated wich. Filed by Connecticut Ther- March 2007. Filed Sept. 10. mofoam L.L.C., Norwalk by Cohen and Wolf, Danbury. Property: 37 Riverview Ave., Greenwich. Crystal L.L.C., et al., Filed by Amount: $11,300. Filed Sept. 12. for ARS Investors II 2012 - HVB L.L.C., Memphis, Tenn. Property: 314 Wilson Ave., Norwalk. Perito, Joseph, Greenwich. Filed Action: to foreclose a delinquent by Air Quality control Agency mortgage in the original prinInc., Lansing, Mich. Property: 21 ciple amount of $6 million. Filed Sound Beach Ave., Old Green- Aug 30. wich. Amount: $1,173. Filed Sept. 11. Delgado, Carmen R., et al., Norwalk. Filed by Karen J. Lucien, Signature Construction Group Hartford, for Wells Fargo Bank of Connecticut Inc., Stamford. N.A., Bloomington, Minn. PropFiled by Welding Service Inc., erty: 28 Neptune Ave., Norwalk. Westport, by Neupert, Pepe and Action: to foreclose a delinquent Monteith P.C., New Haven. Prop- mortgage in the original principle erty: 1241 E. Main St., Stamford. amount of $288,000, dated SepAmount: $4,800. Filed Sept. 14. tember 2009. Filed Aug. 27.
Mergers
Dimeo, Samuel, et al., Bridgeport. Filed by Loren M. Bisberg, Farmington, for Connecticut Housing Finance Authority, Rocky Hill. Property: 25 Ellsworth St., Unit 11, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $79,400, dated June 2005. Filed Sept. 10.
Sethi, Sangeeta, 69 Taconic Road, Greenwich. $9,433.23, pay- The Connecticut Bank and Trust Co., Hartford, merged roll taxes. Filed Sept. 10. with and into Berkshire Bank, Pittsfield, Mass., under the charTribe, Michael, 304 Erskine ter, by-laws and name of BerkRoad, Stamford. $28,259.56, tax shire Bank, effective April 20, debt on income earned. Filed 2012. Filed Aug. 27. Sept. 6. Downer, Winston, et al., Bridgeport. Filed by Vincent J. Averaimo, Milford, for Connecticut HousLis Pendens Waite, Marilyn D., 264 Ceing Finance Authority, Rocky dar Heights Road, Stamford. $15,006.48, tax debt on income Artega, Maria, et al., Stamford. Hill. Property: 220-222 Dewey St., Bridgeport. Action: to foreearned. Filed Sept. 4. Filed by Karen J. Lucien, Hart- close a delinquent mortgage in ford, for HSBC Bank USA N.A., the original principle amount of N.Y. Property: 72 Avery $247,000, dated April 2005. Filed Zucco, Ivonne and Miguel A., 77 Buffalo, Unit 70, Stamford. Action: to Sept. 10. Josephine Evaristo Ave., Apt. 2R, St., a delinquent mortgage Greenwich, $10,289.14, tax debt foreclose the original principle amount on income earned. Filed Sept. 10. in of $297,000 dated March 2006. Duverger, Mickaelle, et al., Filed Sept. 10. Stamford. Filed by Karen E. McArthur, Armonk, N.Y., for U.S Bank N.A., trustee, Salt Lake City, Berkeley, Elaine, et al., Green- Utah. Property: 20 North St., Apt. wich. Filed by Loren M. Bisberg, 3-2, Stamford. Action: to foreFarmington, for U.S Bank N.A., close a delinquent mortgage in Birchanough, Don and Annie, trustee, Salt Lake City, Utah. the original principle amount of Greenwich. Filed by Persico Con- Property: 53-A Rodwell Ave., $193,000, dated June 2006. Filed struction L.L.C., Greenwich by Greenwich. Action: to foreclose a Sept. 6. Charles M. Valentian, Bridgeport. delinquent mortgage in the origiProperty: 59 Burning Tree Road, nal principle amount of $550,000, Greenwich. Amount: $334,519. dated March 2007. Filed Sept. 10. Filed Sept. 7.
Mechanic’s Liens – Released
Federal Home Loans Mortgage Corp., McLean, Va. Filed by John J. Ribas, Bridgeport, for Stratford Common Unit Owners Association Inc., Bridgeport. Property: 1011 Stratford Ave., Unit 7, Bridgeport. Action: to foreclose a statutory lien on this unit. Filed Sept. 10.
Gutierrez, Giannina, et al., Stamford. Filed by Adrienne Roach, Hartford, for CitiMortgage Inc., O’Fallon, Mo. Property: 2475 Summer St., Unit 4C, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $207,200, dated August 2005. Filed Sept. 10.
Kudia, Mumtaz, et al., Bridgeport. Filed by Anne R. Hoyt, Hartford, for HSBC Bank USA N.A., Buffalo, N.Y. Property: 215 Charles St., Unit 205, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $58,500, dated June 2006. Filed Sept. 6.
Ferreira, Adao, et al., Bridgeport. Filed by Robert N. Sensale, New Haven, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 286 Beechwood Ave., Bridgeport. Action: to foreclose tax liens levied by the city of Bridgeport. Filed Sept. 6.
Hatziioannidis, Elpida, et al., Norwalk. Filed by Wiliam R. Dziedzic, Farmington, for CitiMortgage Inc., O’Fallon, Mo. Property: 10 Arch St., Unit B1, Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $174,400 dated August 2007. Filed Aug. 31.
Kurpinowicz, Piotr, et al., Norwalk. Filed by Ronald J. Barba, Hamden, for Linden Terrace Association, Inc., Stamford. Property: 1 Linden St., Unit B9, Norwalk. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Sept. 5.
Icart, Mitchel, et al., Bridgeport. Filed by Jeffrey M. Knickerboxer, Hartford, for JPMorgan Chase Bank N.A., Columbus, Ohio. Property: 339-341 Lenox Ave., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $172,000, Genestra, Frederick R., et al., dated November 2005. Filed Sept. Norwalk. Filed by Erik Loftus, 10. Hartford, for Wells Fargo Bank N.A., Bloomington, Minn. Property: 69 Lincoln Avenue Exten- Jackson, Frank, et al., Bridgesion, Norwalk. Action: to fore- port. Filed by Robert T. Rosati, close a delinquent mortgage in Rosati and Rosati L.L.C., Stratthe original principle amount of ford, for Pierce Holdings L.L.C., $500,000, dated December 2007. Rome, Ga. Property: 1653-1655 E. Main St., Bridgeport. Action: to Filed Aug. 28. foreclose a delinquent mortgage in the original principle amount Gonzalez, Catherine P., et al., of $68,500, dated April 2010. Stamford. Filed by James T. Maye Filed Sept. 6. L.L.C., Stamford, for West Glen Crossing Association Inc., Stamford. Property: 800 Summer St., Joseph, Deborah A., et al., Unit B-9, Stamford. Action: to Stamford. Filed by Karen J. Lucforeclose delinquent common as- ien, Hartford, for PNMAC Mortgage Opportunity Fund Invessessments. Filed Sept. 6. tors L.L.C., Agoura Hills, Calif. Property: 7 Piave St., Unit 17, Green, Terrence G., et al., Stam- Stamford. Action: to foreclose a ford. Filed by Loren M. Bisberg, delinquent mortgage in the origiFarmington, for Bank of America nal principle amount of $231,000, N.A., Charlotte, N.C. Property: dated March 2006. Filed Sept. 13. 36 Hollcrest Ave., Stamford. Action: to foreclose a delinquent mortgage in the original principle Katz, Mark F., et al., Bridgeport. amount of $611,111, dated No- Filed by John J. Ribas, Bridgeport, for Coachlight Square vember 2009. Filed Sept. 5. association of Bridgeport Inc. Property: 333 Vincellette St., Greene, Laurie, et al., Norwalk. Unit 114., Bridgeport. Action: to Filed by Jason E. Brooks, McCabe, foreclose a statutory lien on this Weisberg & Conway P.C., Stam- unit. Filed Sept. 10. ford for Huntington National Bank, Columbus, Ohio. Property: 11 Norden Place, Unit 11, King, Thelma, et al., Bridgeport. Norwalk. Action: to foreclose a Filed by John J. Ribas, Bridgedelinquent mortgage in the origi- port, for Stratford Common Unit nal principle amount of $107,000 Owners Association Inc., Bridgeport. Property: 1011 Stratford dated June 2009. Filed Aug. 30. Ave., Unit 3, Bridgeport. Action: to foreclose a statutory lien on this unit. Filed Sept. 10.
Manucci, Mercia, et al., Bridgeport. Filed by Karen J. Lucien, Hartford, for Suntrust Mortgage Inc., Richmond, Va. Property: 40 Patricia Road, Unit 5, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $184,000, dated September 2006. Filed Sept. 10.
Furgal, Gail K., et al., Stamford. Filed by John Lino Ponzini, Stamford, for J. Gilbert Kaufman, Stamford. Property: 1746 and 1752 Newfield Ave., Stamford. Action: partition of real estate sought. Filed Sept. 10.
28 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
Manzi, Maria F., et al., Norwalk. Filed by Kevin Casini, Hartford, for PNC Bank N.A., Pittsburgh, Pa. Property: 27 Lakeview Drive, Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $200,000, dated August 2008. Filed Aug. 27. Marques, Thelma, Stamford. Filed by Loren M. Bisberg, Farmington, for Wells Fargo Bank N.A., Bloomington, Minn. Property: 42 Givens Ave., Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $475,000, dated September 2007. Filed Sept. 4. McCormick, Ernest R., Bridgeport. Filed by John J. Ribas, Bridgeport, for Georgetown Arms Condominium, Bridgeport. Property: 45 Stevens St., Unit 1F, Bridgeport. Action: to foreclose a statutory lien on this unit. Filed Sept. 10. McLeod, Demetrius M., et al., Bridgeport. Filed by Erika L. Mascaro, Farmington, for Wells Fargo Bank N.A., Bloomington, Minn. Property: 55 Wessels Ave., Unit 7, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $107,500, dated August.2003. Filed Sept. 10.
on the record Mendoza, Indalecia, et al., Stamford. Filed by Vincent J. Freccia III, Stamford, for the city of Stamford. Property: 1353 High Ridge Road, Stamford. Action: to foreclose a blight lien. Filed Sept. 4. Muraccin, Joseph V., et al., Bridgeport. Filed by Jeffrey M. Knickerboxer, Hartford, for Bank of America N.A., Charlotte, N.C. Property: 30-32 Sanford Ave., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $315,881, dated June 2009. Filed Sept. 10. Pantano, Vanessa, et al., Bridgeport. Filed by David Dobin, Cohen and Wolf P.C., Bridgeport, for The Village at Black Rock Condominium Association Inc., Bridgeport. Property: 3250 Fairfield Ave., Bridgeport. Action: to foreclose delinquent common assessments. Filed Sept. 10. Paul, Stephanie, et al.., Bridgeport. Filed by Kevin Casini, Hartford, for Bank of America N.A., Charlotte, N.C. Property: 206 Beechwood Ave., Unit G., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $137,800, dated June 2006. Filed Sept. 10. Pereira, Ana, et al., Stamford. Filed by Amy L. Harrison, Bendett and McHugh, Farmington, for JPMorgan Chase Bank N.A., Columbus, Ohio. Property: 43 Park St., Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $388,000, dated November 2007. Filed Sept. 11. Quagliani, Justin R., et al., Stamford. Filed by Jeffrey M. Knickerboxer, Hartford, for Bank of America N.A., Charlotte, N.C. Property: 271 Bridge St., Unit 279-2, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $245,471, dated February 2010. Filed Sept. 6.
Rapaj, Qun, et al., Bridgeport. Filed by Robert N. Sensale, New Haven, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 1042 Iranistan Ave., Bridgeport. Action: to foreclose tax liens levied by the city of Bridgeport. Filed Sept. 6. Rowell, Sarah G., et al., Stamford. Filed by Patrick J. Rosenberger, Hartford, for TD Bank N.A., Portland, Maine. Property: 57 Coolidge Ave., Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $75,000, dated April 2002. Filed Sept. 7.
Szajkowski, Adolf, et al., Stamford. Filed by James W. Donohue, Farmington, for JPMorgan Chase Bank N.A., Columbus, Ohio. Property: 22 Glenbrook Road, Unit 209, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $110,000, dated January 2006. Filed Sept. 11.
Temann, Yvonne M., et al., Bridgeport. Filed by Vincent J. Averaimo, Milford, for Connecticut Housing Finance Authority, Rocky Hill. Property: 80 Cartwright St., Unit 7K, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $125,000, dated NoSanchez, Carmen, et al., Stam- vember 2005. Filed Sept. 10. ford. Filed by Mark A. Sank, Stamford, for Hamilton Green Association Inc., Stamford. Prop- Villareal, Everlides, et al., Norerty: 287 Hamilton Ave., Unit 2G, walk. Filed by Kevin Casini, HartStamford. Action: to claim a fore- ford, for Deutsche Bank National Trust, trustee, Los Angeles, Calif. closure. Filed Sept. 10. Property: 9 Oakledge Circle, Norwalk. Action: to foreclose a delinSchreff, David, et al., Stamford. quent mortgage in the original Filed by Wiliam R. Dziedzic, principle amount of $312,000, Farmington, for CitiMortgage dated May 2005. Filed Sept. 4. Inc., O’Fallon, Mo. Property: 42 Stonebrook Lane, Cos Cob. Action: to foreclose a delinquent Welch, Lawrence, et al., Stammortgage in the original principle ford. Filed by Mark A. Sank, amount of $1.32 million, dated Stamford, for Flagstar Bank F.S.B., Troy, Mich. Property: 202 SoundJanuary 2007. Filed Sept. 6. view Ave., Apt. 53, Stamford. Action: to foreclose a delinquent Sheffield, Robin, et al., Bridge- mortgage in the original principle port. Filed by Robert N. Sensale, amount of $408,000, dated JanuNew Haven, for Plymouth Park ary 2008. Filed Sept. 11. Tax Services L.L.C., Whippany, N.J. Property: 98-100 Poplar St., Bridgeport. Action: to foreclose Williams, Norris A., et al., tax liens levied by the city of Stamford. Filed by Mark A. Piech, Farmington, for JPMC Specialty Bridgeport. Filed Sept. 6. Mortgage L.L.C., San Diego, Calif. Property: 33 Saint BeneSilvermine Condominium As- dict Circle, Stamford. Action: to sociation Inc, Norwalk. Filed foreclose a delinquent mortgage by Mark A. Sank, Stamford, for in the original principle amount JPMorgan Chase Bank N.A., of $285,000, dated March 2004. Columbus Ohio. Property: Sil- Filed Sept. 11. vermine Condominium, Unit A1, Norwalk. Action: to claim a foreYarbrough, Premice Y., et al., closure. Filed Aug. 28. Bridgeport. Filed by John J. Ribas, Bridgeport, for Coachlight Stone, Jeffrey, et al., Greenwich. Square association of Bridgeport Filed by John P. Regan, Stam- Inc. Property: 333 Vincellette St., ford, for Ridgefield Bank Mort- Unit 39, Bridgeport. Action: to gage Corp., Ridgefield. Property: foreclose a statutory lien on this Indian Field Road, Greenwich. unit. Filed Sept. 10. Action: to foreclose a delinquent mortgage in the original principle amount of $3.4 million, dated December 2006. Filed Sept. 11.
Mortgages 100 Mason St. L.L.C., Stamford, by Edelstein Lockner L.L.P., Pleasantville, N.Y. Lender: Patriot National Bank, Stamford. Property: 100 Mason St., Greenwich. Amount: $3,800,000. Filed Sept. 7. Rosa’s Florist L.L.C., Bridgeport by Maria Pedreira and Fernando D. Lima. Lender: Webster Bank N.A., Waterbury. Property: 3618 Main St., Bridgeport. Amount: $240,000. Filed Sept. 10.
TMP Realty Associates L.L.C., Norwalk, by Michael Tarantino. Lender: TD Bank, Wilton. Property: 70-72 N. Main St., Norwalk. Amount: $300,000. Filed Sept. 4.
New Businesses American Business Hosting, 7 Devon Ave., Norwalk 06851, c/o Roger Gehling. Filed Sept. 14.
Classic Tent and Event Service, 36 Anderson St., Stamford 06902, c/o Christopher Davis. Filed Sept. 14.
Fixmybrand.com, 28 Rockmeadow Road, Unit 83, Norwalk 06850, c/o Paul M. Jeffrey. Filed Sept. 13.
Community Choice Financial, Forever Sweet Bakery, 76 Prog1050 E. Main St., Bridgeport ress Drive, Stamford 06902, c/o 06608, c/o Buckeye Check Cash- Sky Mercede. Filed Sept. 4. ing of Connecticut L.L.C. Filed Sept. 6. Friend’s Home Improvement, 8 Testa Place, Norwalk 06854, c/o Compassion Plus Services, 32 Minor Gomez and Cesar Corea. Toilsome Ave., Norwalk 06851, Filed Sept. 12. c/o Ketevan Sokhadze. Filed Sept. 12. Galliano’s Performance Training, 114 Strawberry Hill Ave., Concord Mediation Institute, Apt. 201, Stamford 06902., c/o 264 Mill Road, Stamford 06903, Bill Gallagher. Filed Sept. 13. c/o Lorac Group L.L.C. Filed Sept. 13. Garden Home, 480 Fairfield Ave., Stamford 06902, c/o Eliseu Cos Cob Association, 622 Osee Ramim. Filed Sept. 6. Place, Cos Cob 06807, c/o Randy Caravella. Filed Sept. 7. G-Dylan L.L.C. d.b.a Avenue Café, 342 Greenwich Ave., Daniel’s DC Painting, 31 Elm- Greenwich 06830, c/o Denise A. croft Road, Stamford 06902, c/o Malpeso. Filed Sept. 11. Daniel Cabrera. Filed Sept. 5.
Got Mold, 31 LeGrande Ave., DDM Wealth Management, Building 2, Apt. 1, Greenwich 130 East Ave., Norwalk 06851, c/o 06830, c/o Sullivan Vaccaro. Filed American Planning Group, 29 Davide De Micco. Filed Sept. 13. Sept. 13. Fifth St., Stamford 06905, c/o R. Michael Parry. Filed Sept. 5. Dennis Home Remodeling, Greenwich Dermatology and 193 Sherwood Ave., Bridgeport Cosmetic Laser Surgery CenAngel’s Care Agency, 1266 E. 06605, c/o Dennis Barbanis. Filed ter, 40 W. Elm St., Greenwich 06830, c/o Michele and Henry Main St., Suite 700R, Stamford Sept. 12. Gasiorowski. Filed Sept. 12. 06902, c/o Magdala Charleus. Filed Sept. 5. E.M. Workman Co., 42 Olmstead Place, Norwalk 06855, c/o P. Ian Thrasher Experiment, 105 Woodmere Road, Stamford Angie B’s, 1492 Stratford Ave., Lerow Co. Inc. Filed Sept. 13. 06905, c/o Ian Thrasher. Filed Bridgeport 06604, c/o Angie Sept. 12. Cooper. Filed Sept. 10. Eimos Studios, 37 Greenwich Ave., Unit 2-11, Stamford 06902, APX, 40 Francis Lane, Green- c/o Ching Shields L.L.C. Filed J-Rooter, 316 Seaview Ave., Bridgeport 06607, c/o Jamile wich 06831, c/o Paul Kiwala. Sept. 10. Saunders. Filed Sept. 10. Filed Sept. 10. Electrical by Sal, 25 Princes Pine Bumble Bee Construction, 36 Road, Norwalk 06850, c/o SalvaWest Ave., Apt. 1, Norwalk 06854, tore A. Silvestro. Filed Sept. 13. c/o Dagonberto Tony Santamaria. Filed Sept. 4. Eliana Grübel, 69 Woodbine Circle, Bridgeport 06606, c/o EliBusiness Solutions, 264 Mill ana Grübel. Filed Sept. 5. Road, Stamford 06903, c/o Lorac Group L.L.C. Filed Sept. 13. Everything But Water, 84 Greenwich Ave., Greenwich Chic Boutique, 68 Main St., 06830, c/o Donna Spence. Filed Norwalk 06851, c/o Maria E. Sept. 10. Giraldo. Filed Sept. 7.
JM Painting, 7 Dubois St., Stamford 06905, c/o Jamie Manrique Londono. Filed Sept. 11. Juan Vega Landscaping L.L.C., 59 Fairfield Ave., Stamford 06902, c/o Juan J. Vega-Flores. Filed Sept. 10.
THE RECORDS SECTION IS NOW AVAILABLE BY DIGITAL SUBSCRIPTION. Go to westfaironline.com/buy/records-section/ for more information and to view a sample. FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012 29
on the record Kamlic Dental Center, 45 Vin- Nieves Valencia Cleaning Sercellete St., Bridgeport 06604, c/o vices L.L.C., 1177 Park Ave., Bridgeport 06605, c/o Nieves Clive Hamilton. Filed Sept. 10. DelaRosa Valencia-Tiacuito. Filed Sept. 6. Kings Super Markets Inc., 26 Arcadia Road, Old Greenwich 06870, c/o Patrick Dentato. Filed Ohla Care, 300 Tresser Blvd., Unit 14G, Stamford 06901, c/o Sept. 11. Olha Budzinska. Filed Sept. 14.
Tek Trader, 40 Francis Lane, Coudert, Virginia B., GreenGreenwich 06831, c/o Paul Ki- wich. Seller: Kathleen R. Blakewala. Filed Sept. 10. more, Greenwich. Property: 1 Putnam Hill, Unit 3A, Greenwich. Amount: $405,000. Filed Tek-trader.com, 40 Francis Sept. 6. Lane, Greenwich 06831, c/o Paul Kiwala. Filed Sept. 10.
Temco Facility Services, 1 Park LAN and PC Services d.b.a Talk Ave., New York City. 10016, c/o of the Town PR, 100 Melrose Organic Catering Group, 47 Temco Building Maintenance Ave., Suite 206, Greenwich 06830, William St., Norwalk 06851, c/o Inc. Filed Sept. 10. Robert Gakos. Filed Sept. 6. c/o Jeff Higgins. Filed Sept. 10.
MacTaggart, Robin and Barry. Seller: Audrey D., Robert L., Francis P. Barron, executors. Property: 8 Harborside, Greenwich. Amount: $3.97 million. Filed Sept. 11.
The Beverage Boss, 180 Main Linda Palermo P.C., 217 Bridge Paper Chayse, 73 Sanford Place, St., Norwalk 06851, c/o Norwalk St., Stamford 06905, c/o Martha Bridgeport 06604, c/o Pedro Liquors L.L.C. Filed Sept. 11. Gonzalez. Filed Sept. 12. Lee Taylor. Filed Sept. 10. Mann, Angella and Allen. Bridgeport. Seller: Habitat for Traveling Art Framer, 1 Dewal Humanity of Coastal Fairfield Lingua-Genius Foreign Lan- Pinnacle Sports Coaching, 70 Drive, Norwalk 06851, c/o Judith County Inc., Bridgeport. Propguage Studio, 647 Clinton Ave., Colonial Road, Stamford 06906, I. Beardsley. Filed Sept. 11. erty: 687 Kossuth St., Bridgeport. Bridgeport 06605, c/o Stacey- c/o Simon Rumbold. Filed Sept. 12. Amount: $110,000. Filed Sept. 10. Ann Bennett and Juan Jose PauVanessa Bruce Transportation, lino-Brito. Filed Sept. 6. Racing Cutz Detailing Barber 110 Woodside Ave., Bridgeport Shop,1086 E. Main St., Bridge- 06606, c/o Tarique McKnight. Mauriello, Matthew R., GreenLorac Concierge, 264 Mill Road, port 06608, c/o Jose Cabrera- Filed Sept. 6. wich. Seller: Elisabeth Von Pein, Stamford 06903, c/o Lorac Group Martinez. Filed Sept. 6. Greenwich. Property: 4 PutL.L.C. Filed Sept. 13. Ventasynegocio.com, 287 Ham- nam Hill, Unit 3J, Greenwich. Restoration Painting and ilton Ave., Unit 1F, Stamford Amount: $250,000. Filed Sept. 4. Lorac Land Solutions, 264 Mill Design, 83 Ward St., Norwalk 06902, c/o Fabian A. Fustini. Filed Road, Stamford 06903, c/o Lorac 06851, c/o Tiffany Kritharakis. Sept. 7. Filed Sept. 4. Group L.L.C. Filed Sept. 13. Palace Lofts L.L.C., Waterford. Write Right, 500 Woodbine Seller: Second Step Asset ManMac it, 85 Crowtner Ave., Bridge- Revel Events, 264 Mill Road, Road, Stamford 06902, c/o Don- agement Co., Baltimore, Md. port 06605, c/o Teresa Dozier. Stamford 06903, c/o Lorac Group na M. Rand. Filed Sept. 10. Property: 93 Atlantic St., StamL.L.C. Filed Sept. 13. Filed Sept. 10. ford. Amount: $1.85 million. Yo-Yo Décor, 13 Oakwood Filed Sept. 7. Marinello School of Beau- Reyna I. Vallejo, 4 Klim Lane, Court, Norwalk 06850, c/o Doroty,.1027 Fairfield Ave., Bridge- Norwalk 06850, c/o Reyna I. thy Rzasa. Filed Sept. 7. port 06605, c/o B & H Edu- Vallejo. Filed Sept. 14. Panigrahi, Dr. Dev D. and Pacation Inc. Filed Sept. 11. Youngs Flowers Direct, 235 tricia A., Greenwich. Seller: BethSalud Y Vida, 180 Main St., Nor- Main St., Norwalk 06851, c/o any Sax. Property: 4 Putnam Hill, Mario’s Painting Services, 90 walk 06851, c/o Angela M. Valen- Youngsoon Kim. Filed Sept. 7. Unit 1J, Greenwich. Amount: Mayflower Ave., Stamford 06906, cia. Filed Sept. 14. $272,000. Filed Sept. 10. c/o Mario A. Pemberty Guzman. Filed Sept. 13. Zauka Construction, 54 Parker Small Wonders, 347 Valley Ave., Ave., Stamford 06903, c/o Jose Bridgeport 06606, c/o Deborah Zabala. Filed Sept. 10. MG Transportation Service, 20 Turnbull. Filed Sept. 10. Patents Magnolia Ave., Norwalk 06850, c/o Mario Gonzalez. Filed Sept. 11. Subway, 1421 Fairfield Ave., Antimony and germanium Bridgeport 06605, c/o Khan Mocomplexes useful for CVD/ Milligan Realty Property Man- hammed. Filed Sept. 10. Quit Claims ALD of metal thin films. Patagement, 9 Mott Ave., Suite 107, ent no. 8,268,665 issued to Norwalk 06850, c/o Milligan Real Estate L.L.C. Filed Sept. 13. Sunshine Spa Inc., 122 E. Put- Bosques, Elizabeth, Bridgeport. William Hunks, Waterbury; nam Ave., Suite A, Cos Cob Seller: Habitat for Humanity of Tianniu Chen, Rocky Hill; Chon06807, c/o Liu Xian Hui. Filed Coastal Fairfield County Inc., gying Xu; New Milford; Jeffrey Bridgeport. Property: 683 Kos- F. Roeder, Brookfield; Thomas Milliganrealty.com, 9 Mott Sept. 7. suth St., Bridgeport. Amount: H. Baum, New Fairfield; MatAve., Suite 107, Norwalk 06850, thias Stender, Fox Point, Wis.; $110,000. Filed Sept. 10. c/o Milligan Real Estate L.L.C. Philip S. H. Chen, Bethel; GregoFiled Sept. 13. Tap into Beer, 155 Davis Ave., ry T. Stauf, Branchburg, N.J.; and Greenwich 06830, c/o Phyllis Bryan C. Hendrix; Danbury. AsAyman. Filed Sept. 14. Mr. D. Cup’s Detailing Service, Chachra, Ritu B., Greenwich. signed to Advanced Technology 196 Sheridan St., Bridgeport Seller: Eric M. Troy, Suffern, N.Y. Materials Inc., Danbury. 06610, c/o Khary Brown. Filed Taste of Europe, 239 Westport Property: 65 Bedford St., Apt. 508, Sept. 4. Ave., Norwalk 06851, c/o Tram Stamford. Amount: $173,500. L.L.C. Filed Sept. 10. Filed Sept. 5.
Customer-experience management system. Patent no. 8,271,322 issued to Charles A. Ariyibi, Old Greenwich. Assigned to Distinctive Technologies L.L.C., Old Greenwich.
Materials containing voids with void size controlled on the nanometer scale. Patent no. 8,268,411 issued to Stephen M. Gates, Ossining, N.Y.; Alfred Grill, White Plains, N.Y.; Deborah A. Neumayer, Danbury; Son Nguyen, Yorktown Heights, N.Y.; and Vishnubhai V. Patel, EMF correction model cali- Yorktown Heights, N.Y. Assigned bration using asymmetry fac- to International Business Mator data obtained from aerial chines Corp., Armonk, N.Y. images or a patterned layer. Patent no. 8,271,910 issued to Jaione Tirapu-Azpiroz, Poughkeepsie, N.Y.; Timothy A. Brun- Methods for single-owner ner, Ridgefield; Michael S. Hibbs, multiconsumer work queues Westford, Vt.; and Alan E. Rosen- for repeatable tasks. Patent bluth, Yorktown Heights, N.Y. As- no. 8,266,394 issued to Maged signed to International Business M. Michael, Danbury; Vijay Machines Corp., Armonk, N.Y. Anand Saraswat, Mahopac, N.Y.; and Martin Vechev, White Plains, N.Y. Assigned to International Business Machines Corp., ArFlight-control system for monk, N.Y. rotary-wing aircraft. Patent no. 8,271,151 issued to Muhammad Hasan, Hamden; Donald W. Fowler, Oxford; and Methods and systems for Pengju Kang, Yorktown Heights, helium recovery. Patent no. N.Y. Assigned to Sikorsky Air- 8,268,047 issued to Mohamed Alcraft Corp., Stratford. lie, Wheatfield, N.Y. Assigned to Praxair Technology Inc., Danbury. In-line-deformation binding apparatus. Patent no. 8,261,518 issued to Denis J. Stemmle, Strat- Modular compact adsorption ford. Assigned to Pitney Bowes bed. Patent no. 8,268,043 issued Inc., Stamford. to Cem E. Celik, Grand Island, N.Y.; Mark Ackley, East Aurora, N.Y.; and James Smolarek, Boston, N.Y. Assigned to Praxair Intelligent derivation of email Technology Inc., Danbury. addresses. Patent no. 8,271,597 issued to Tamer Rashad, Watchung, N.J.; Kenneth Brady, Ridgefield; Kenny Lee, Brooklyn, N.Y.; Real-time annotation of imJillian Moo-Young, New York, ages in a human-assistive enN.Y.; Sapna Vyas, Forest Hills, vironment. Patent no. 8,265,342 N.Y. Assigned to Bank of Amer- issued to Jonathan Connell, ica Corp., Charlotte, N.C. Cortlandt Manor, N.Y.; Norman Haas, Mount Kisco, N.Y.; Arun Hampapur,Norwalk; Ying Li, Mohegan Lake, N.Y.; Low temperature Bi-CMOS Robert S. Olyha Jr., LaGrange, compatible process for MEMS N.Y.; and Sharathchandra PanRF resonators and filters. Pat- kanti, Darien. Assigned to Inent no. 8,269,291 issued to Leena ternational Business Machines Buchwalter, Hopewell Junction, Corp., Armonk, N.Y. N.Y.; Kevin Chan, Staten Island, N.Y.; Timothy Dalton, Ridgefield; Christopher Jahnes, Bergen County, N.J.; Jennifer Lund, Sunless tanning composition Brookville, M.D.; Kevin Petr- and method of sunless tanaraca, Newburgh, N.Y.; James ning. Patent no. 8,263,045 issued Louis Speidell, Poughguag, N.Y.; to Olga Dueva-Koganov, White and James Ziegler, Edgewater, Plains, N.Y.; Thomas Russo, ButM.D. Assigned to International ler, N.J.; and James P. Sanogueira, Business Machines Corp., Ar- Suffern, N.Y. Assigned to Playtex monk, N.Y. Products Inc., Westport.
Trash-collecting device. Patent no. D667,601 issued to James Fitzpatrick, Stratford; and John V. Goodrich, Stratford. Assigned to Garbo Grabber, L.L.C., Stratford.
30 Week of October 1, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com
Business ConneCtions EvEnts
Economy
Fairfield County Economic Outlook
August Jobs Report: Record Losses
Sponsored by TD Bank | Presented by CBIA and the Stamford Chamber of Commerce
A
ugustfwasfConnecticut’sfworstfmonthfforf jobflossesfinf36fyears.fThefstatefreportedfaf recordf6,800flostfjobs,fwhilefthefunemploymentf ratefjumpedfafhistoricffive-tenthsfoffafpointftof ninefpercent.
ffArefthingsffinallyflookingfupfforfFairfieldfCounty’sf economy? ffWherefdoesfthefregion’sfrefcoveryfreallyfstand?
ThefstatefDepartmentfoffLaborfalsofrevisedf downfitsfJulyfnumbersfbyf1,600fjobs,freportingf afgainfoff3,500fjobsfforfthatfmonth.fThefstate’sf employersfhavefaddedfjustf1,100fpositionsf sincefAugustf2011.
ffHowfdoesfitfcompareftofstatefandfnationalf recoveries? Getfanswersftofthosefquestionsfandfmoreffromftopf economicfandfbusinessfexperts.fIffyoufdofbusinessf infFairfieldfCounty,fyoufneedftofknowfwhat’sfinfstoref forfthefeconomicfenginefthatfdrivesfmuchfoffthef state’sfeconomy.
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Nonetheless,fconfusionfandfskepticismfpunctuatedfanalysisfoffthefreportfforfafsecondfconsecutivefmonth,fwithftheflaborfagencyfagainfhostingf afmediafconferencefinfanfattemptftofexplainf seeminglyfcontradictoryfdata.
Program Highlights and Speakers: ffJames McAndrews,fExecutivefVicefPresident,f DirectorfoffResearch,fFederalfReservefBankf offNewfYork
Date Wednesday,fOct.f3,f2012 Time 11:30fam–2fpm
ffShaun Osborne,fChieffFXfStrategist,fTDfSecurities
Place HiltonfStamfordfHotel f OnefFirstfStamfordfPlace,fStamford
ffFinancialfservicesfoverviewfandfoutlook
Cost CBIAfmembersf$20;fnonmembers,f$30; f tablefoff10,f$175
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“We’reftryingftoffindfafreasonfforfthis.fWe’ref notfatfafpointfwherefwe’refsayingfthefnumbersf arefnotfreal.fWefarefseeingfafsofteningfinf economicfgrowth.”
EvEnts
Gov. Malloy Unveils Energy Policy Initiatives October 5
C
onnecticutfGovernorfDannelfP.fMalloyfwillf unveilfafseriesfoffsweepingfenergyfpolicyf initiativesfOctoberf5fatfthef13thfannualfWhat’sfthef Deal?fBusinessfEnergyfConferencefinfCromwell. ThefGovernorfwillfusefhisfkeynotef addressfatfthefconference,fpresentedf byfthefConnecticutfBusinessf&fIndustryf AssociationfandfthefConnecticutfPowerf andfEnergyfSociety,ftofsharefhisfvisionfforfaf cheaper,fcleaner,fandfmorefreliablefenergyffuture.
HisfComprehensivefEnergyfStrategy,fexpectedftof providefthefframeworkfforfsignificantflegislationf whenfthefGeneralfAssemblyfmeetsfnextfJanuary,f willfaddressfresidential,fcommercial,fandfindustrialf energyfneeds.fThefGovernorfisfscheduledf tofspeakfatf9:00fam. DanfEsty,fcommissionerfoffthefDepartmentfoff EnergyfandfEnvironmentalfProtectionf(DEEP),f
“Wefcan’tffindfanyfcorroboratingfeconomicf evidencefthatfthefrecordflossesfinfemploymentf andfincreasesfinfunemployment,findicatedf byfthefhouseholdfsurvey,farefoccurringfatfthisf magnitude,”fsaidfthefagency’sfresearchfdirector,f AndyfCondon.
alsofwillfaddressfthefconference,f whichffeaturesfdozensfoff companiesfshowcasingf productsfandfservicesftofhelpf businessesfreducefenergyf costs,fcompete,fandfthrivefinf today’sfglobalfmarketplace.
CBIAfeconomistfPetefGioiafsaidfwhilefthef reportfwasfdisappointing,ftherefwasfenoughf contradictoryfinformationfthatffurtherfrevisionsf werefpossiblefinfsubsequentfreports. “Ifthinkfthefreportfisfafwarningfsignfthatfeffortsf tofcreatefjobsfneedftofbefredoubledfandfbef priorityfnumberfone,”fhefsaid.
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MajorfsponsorsfincludefEnergizefConnecticut,f Pullmanf&fComleyfLLC,fUILfHoldingsfCorporation,f andfUTCfPower. Datef Friday,fOct.f5,f2012 Timef 8fam–3:30fpm Placef CrownefPlaza,f300fBerlinfRoad,fCromwell Cost Governmentfofficials/students,f$50; f CBIA/CPESfmembers,f$125;fothers,f$225 f
MAnufACTurerS TAke 10% Off
Augustfwasftheffourthfmonthfoffthefcalendarfyearf withfjobfdeclines.fTheffirstfeightfmonthsfoff2012f producedfafnetf1,300fnewfjobs,fwellfbehindflastf year’sfpacefoff8,000fpositionsfthroughfAugust. Connecticutfhasfrecoveredf30,100,forfjustfoverf 25fpercent,foffthefjobsflostfduringfthefMarchf 2008–Februaryf2010feconomicfrecession. Thefprivatefsectorfregainedf40,400f(36.7%)foff thef110,200fprivatefjobsflostfduringfthatfperiod.f Financialfactivities,fotherfservices,fgovernment,f andfconstructionfcontinuedftoflosefjobsfevenf afterfthefrecoveryfbeganfinfFebruaryf2010. ThefcurrentfjobfrecoveryfhighfpointfinfConnecticutf(1,634,900)fwasfreachedfinfFebruaryf2012. ➤ Read more at gov.cbia.com
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 1, 2012 31
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