SBA Disaster Loans Available in Georgia Following Secretary of Agriculture Disaster Declaration

(BUSINESS WIRE)--The U.S. Small Business Administration announces today that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Camden, Charlton, Clinch, Echols and Ware counties in southeastern Georgia as a result of drought that began on January 1, 2011.

“When the Secretary of Agriculture issues a disaster declaration to help farmers recover from damages and losses to crops, the Small Business Administration issues a declaration to assist eligible entities affected by the same disaster”

“These counties are eligible because they are contiguous to one or more primary counties in Florida. The Small Business Administration recognizes that disasters do not usually stop at county or state lines. For that reason, counties adjacent to primary counties named in the declaration are included,” said Frank Skaggs, director of SBA’s Field Operations Center East in Atlanta.

“When the Secretary of Agriculture issues a disaster declaration to help farmers recover from damages and losses to crops, the Small Business Administration issues a declaration to assist eligible entities affected by the same disaster,” said Skaggs.

Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of the disaster. With the exception of aquacultural enterprises, agricultural producers, farmers and ranchers are not eligible to apply to SBA, but nurseries are eligible to apply for EIDLs for losses caused by drought conditions.

Loan amounts can be up to $2 million, with interest rates of 3 percent for non-profit organizations and 4 percent for small businesses. Terms can be up to 30 years. The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources. The agency sets loan amounts and terms based on each applicant’s financial condition. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred. The loans are not intended to replace lost sales or profits.

To obtain information on the SBA’s Disaster Loan Program, application forms or to apply online visit www.sba.gov, call the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for people with speech and hearing disabilities) Monday through Friday from 8 a.m. to 6 p.m. ET or send an e-mail to disastercustomerservice@sba.gov.

Completed loan applications must be returned to SBA no later than December 5, 2011.

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Postmaster General Continues Efficiency Improvements

/PRNewswire -- Postmaster General Patrick R. Donahoe today announced a newly redesigned Postal Service, one that is better positioned for growth, reflects further alignment within the organization to achieve core business strategies and, when fully implemented, will help realize approximately $750 million of annual cost savings.

"I am confident that we have developed a strong plan that takes a key step toward a leaner and less bureaucratic structure. One that is fair to our employees and one that will meet the future needs of our customers and the mailing industry," Donahoe said.

About 7,500 positions will be eliminated across the organization through the redesign that also includes the closing of seven district offices and offers limited financial incentives to those who meet specific qualifications.

The seven district offices that are closing are Columbus, Southeast Michigan, Northern Illinois, South East New England, South Georgia, Big Sky and Albuquerque. District offices house only administrative functions and do not affect customer service, mail delivery, Post Office operations or ZIP codes. The functions of these seven districts will be assumed by district offices within close proximity.

A Voluntary Early Retirement and financial incentive programs will be offered to eligible employees. Employees must be 50 years old, with at least 20 years of service; or any age with at least 25 years of service to qualify for the incentive. Employees who accept the VER offer or already meet existing retirement qualifications will receive $20,000 paid over two fiscal years to separate from the Postal Service.

"It's critical that we adjust our workforce to match America's changing communications trends as mail volumes continue to decline," Donahoe said. "At every step and with every change, our focus remains on our customers and continuing to provide outstanding customer service."

Today's announcement focused on the administrative and executive corps. Additional staff reductions will occur as the Postal Service makes necessary changes to its network and retail operations. The full scope and financial impact of these personnel actions should be realized in one calendar year – March 2012.

While cost savings will be realized, the main objective of the restructuring is to enhance and strengthen customer service and relationships. The realignment flattens the organization, enabling flexibility to more quickly adapt to changing market forces and continuing mail volume decline.

The Postal Service is streamlining operations and improving efficiencies across the organization in order to protect its ability to provide affordable, universal mail service. By modifying networks, consolidating functions and restructuring administrative and processing operations, the Postal Service is adapting to meet the evolving needs, demands and activities of its customers.

"Mail remains valuable. It is at the heart of a $900 billion industry that continues to drive commerce and the American economy," Donahoe said. "We will continue to work with Congress and our employees to achieve the long-term, structural and legislative changes we know we need to remain a viable organization."

A self-supporting government enterprise, the U.S. Postal Service is the only delivery service that reaches every address in the nation, 150 million residences, businesses and Post Office Boxes. The Postal Service receives no tax dollars for operating expenses, and relies on the sale of postage, products and services to fund its operations. With 32,000 retail locations and the most frequently visited website in the federal government, usps.com, the Postal Service has annual revenue of more than $67 billion and delivers nearly 40 percent of the world's mail. If it were a private sector company, the U.S. Postal Service would rank 29th in the 2010 Fortune 500. Black Enterprise and Hispanic Business magazines ranked the Postal Service as a leader in workforce diversity. The Postal Service has been named the Most Trusted Government Agency six consecutive years and the sixth Most Trusted Business in the nation by the Ponemon Institute.

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Walmart Realignment Puts Atlanta in the Spotlight

/PRNewswire/ -- Walmart announced today that the new eastern business unit will be headquartered in Atlanta, Ga. Walmart's eastern business unit is comprised of nearly 1,600 stores in 20 states spanning from Florida to Maine with approximately 560,000 associates. The eastern business unit will be led by Atlanta veteran Rosalind Brewer, president of Walmart East and executive vice president of Walmart U.S.

"With the busiest airport in the world and a central location, Georgia is the ideal destination for our eastern business unit," said Rosalind Brewer, president of Walmart East and executive vice president of Walmart U.S. "Atlanta has a strong history of corporate and divisional headquarters and we're delighted to join this group and spotlight the city within our global organization."

In her new role, Brewer is responsible for establishing the strategic direction for the eastern business unit, including growth opportunities in store innovation, people development, supply chain and real estate. Rosalind joined Walmart in 2006 as regional vice president, responsible for operations in Georgia, and was quickly promoted to president of the southeast operating division. She later led the south business unit of Walmart U.S. as executive vice president and president before being appointed to her current role. Prior to joining Walmart, she worked for Kimberly-Clark Corp. and Molson Coors Brewing Company. She serves on the board of trustees for Spelman College and the Westminster Schools in Atlanta. And, in 2010, she was named one of FORTUNE magazine's "50 Most Powerful Women."

Walmart's eastern business unit headquartered in Atlanta will manage stores in the following states:

* Florida
* Georgia
* Alabama
* South Carolina
* North Carolina
* Virginia
* West Virginia
* Ohio
* Michigan
* Maryland
* Delaware
* New Jersey
* Pennsylvania
* New York
* Vermont
* New Hampshire
* Massachusetts
* Connecticut
* Rhode Island
* Maine

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TOTO Launches Wholly Owned Subsidiary in Brazil

/PRNewswire/ -- TOTO, the largest plumbing manufacturer in the world with $5.1 billion dollars in annual sales, today announced the launch of its newest subsidiary, TOTO do Brasil Distribucao e Comercio Ltda, which will be overseen by its operations in the Americas, TOTO USA, Inc. TOTO's expansion into the Brazilian market is a part of the company's "Vision Plan 2017." TOTO, which celebrates its 100th anniversary in six years, has set the growth of its international operations as a primary focus for its goal to reach $7.3 billion in annual sales by its centenary. With the launch of TOTO Brazil, the company plants its flag in the South America and will increase its market share aggressively as it has done successfully in North America by creating a fast-growing demand for its products.

"Brazil is one of the world's most exciting markets today, with a population approaching 200 million people," said David Krakoff, Senior Vice-President, Sales Division, TOTO USA. Krakoff, who has been tapped to serve as President of TOTO Brazil, continued, "We recognize the tremendous growth potential and opportunity that Brazil presents, and we are pleased to bring its consumers the very best luxury plumbing products available. As TOTO has done in every market that we have entered, we will quickly establish ourselves as the leader in the premium plumbing products sector with a prestigious line that combines high design, technological innovation, unparalleled performance, and sustainability to transform the bathroom from a simple, utilitarian room to a vibrant, comfortable, luxurious area of the home or commercial installation."

The TOTO Global Group, which began in 1917 with the founding of TOTO, Ltd., in Kitakyushu, Japan, has produced more than 60 million plumbing fixtures to date. Today, this international company maintains 23,500 employees in 69 offices around the world and owns manufacturing facilities in Japan, Mexico, the United States, China, and Europe, with an affiliated network of more than 80 production facilities worldwide. With over 1,500 engineers on staff and three centers devoted solely to research and development, TOTO is the acknowledged global leader in product innovation, high design, and precision engineering.

Headquartered in Sao Paulo, TOTO's newest business venture is just the first step in a significant investment in the Brazilian economy, a strategy that TOTO employs throughout the world. "Investing in the local economy sets TOTO apart from other manufacturers that simply import their products," said Krakoff. "In North America, for example, TOTO is owner/operator of three major manufacturing plants and two large assembly and logistics/warehousing facilities, providing employment for more than 1,100 people." To gain market share rapidly throughout Brazil, TOTO will introduce its products to consumers by presenting them in the leading bath boutiques and showrooms, such as Sao Paulo's Armazem Design Banho e Cozinha, QuartzoBras, Vallve, and Metalbagno. TOTO will also work closely with architects, designers, contractors, developers and others who wish to distinguish their projects by offering the very best in technology, luxury, performance, and sustainability. The company's premiere in the local market will be its major presence at Brazil's leading kitchen and bath industry trade show, the Kitchen & Bath Expo, held in Sao Paulo from March 22-25, 2011.

Brazilians will be delighted to find that TOTO is introducing a line of products that will meet the aesthetic preferences specified by its design leaders and consumers. These products will utilize TOTO's cutting-edge technology and world-class precision engineering. Connecting people with water in ways that enrich the flow of their daily lives through elegant products that save water and energy with every use without sacrificing an ounce of performance is the company's stated mission. As a result, Brazilian consumers will experience the highest levels of luxury and performance in a full line of products, which includes toilets, sinks, residential faucets, showers, accessories, as well as TOTO's signature lines—Washlet and NEOREST.

Owners of Brazil's commercial establishments may look to their global peers who have selected TOTO products for their prestigious installations. On every continent in which the company does business, TOTO's technology-rich products are found in high-end hotels, luxury condominiums and apartment buildings; international and domestic airports; famous arenas, stadiums, and convention centers; hospitals, nursing homes, and trauma and rehabilitation centers; premier office buildings and world-famous museums; prestigious schools and universities; and chic restaurants and retail centers.

"We trust that TOTO will add a new dimension to the luxury plumbing sector and significantly influence bath design in the local market," concluded Krakoff. "We are confident that we have the global market experience and expertise to make this new subsidiary very profitable for TOTO and its Brazilian partners."

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Aflac Japan Corporate Offices Fully Operational, Employees Sustained No Injuries, Expected Impact on Japan Sales Minimal; Aflac Incorporated Affirms 2011 Operating EPS Target

/PRNewswire/ -- Aflac Incorporated today announced that its operations in Japan are up and running and ready to assist policyholders following the recent earthquake in the Tohoku area, which includes the cities of Sendai and Minami Sanriku. Aflac Japan's main offices, including the corporate offices in Tokyo and operational centers in both Tokyo and Osaka, are undamaged and fully functional.

Aflac Japan's employees are safe, and the company continues to reach out to their independent sales force to assess their needs. The Aflac leadership teams from both the U.S. and Japan remain in close contact.

While the hardest-hit areas were Iwate, Miyagi and Fukushima prefectures, less than 5% of Aflac Japan's new sales and in-force premiums are derived from these prefectures. Only two of Aflac Japan's 82 sales offices have been negatively impacted; these two offices, located in a single building in Sendai, have minimal damage, but will be closed temporarily due to power outages.

About this natural disaster, Aflac Japan President and Chief Operating Officer Tohru Tonoike commented: "First and foremost, our thoughts go out to all those affected here in Japan. We are very grateful none of our employees were injured. We are working with our sales force to ensure that we provide them with assistance and help them take care of our customers. We remain ready to respond to the needs of our policyholders by paying claims swiftly, and will prioritize our response to those in the affected areas. We successfully executed our disaster preparedness plan and as a result, our operations stand ready to serve our policyholders and claimants."

Aflac Incorporated Chairman and CEO Daniel P. Amos added: "In addition to sending our thoughts and prayers to each and every Japanese citizen, we want all of our Aflac Japan employees, sales agents and policyholders to know that your Aflac family here in the U.S. sends our support in every way possible. On Friday, we made an initial donation of 100 million yen to the International Red Cross to help with the start of the relief effort. Additionally, funds have been established by both our U.S. and Japanese employees and sales forces for our friends in Japan, including fellow employees and sales associates that have been most impacted by the disaster. Most importantly, we want our policyholders to know that we are here to deliver on our promise – we will be there when they need us most. Having operated in Japan for almost four decades, we know Japanese citizens are incredibly resilient and we want to help in any way possible as they work through this difficult time.

"As we look to the remainder of 2011, we expect Aflac Japan sales will only be minimally impacted by these events. Our earnings guidance for the year remains unchanged: we will likely be at the low end of the 8% to 12% range for operating earnings per diluted share growth in 2011, excluding the impact of currency."

FORWARD-LOOKING INFORMATION


The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" to encourage companies to provide prospective information, so long as those informational statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those included in the forward-looking statements. We desire to take advantage of these provisions. This document contains cautionary statements identifying important factors that could cause actual results to differ materially from those projected herein, and in any other statements made by Company officials in communications with the financial community and contained in documents filed with the Securities and Exchange Commission (SEC).


Forward-looking statements are not based on historical information and relate to future operations, strategies, financial results or other developments. Furthermore, forward-looking information is subject to numerous assumptions, risks and uncertainties. In particular, statements containing words such as "expect," "anticipate," "believe," "goal," "objective," "may," "should," "estimate," "intends," "projects," "will," "assumes," "potential," "target" or similar words as well as specific projections of future results, generally qualify as forward-looking. Aflac undertakes no obligation to update such forward-looking statements. We caution readers that the following factors, in addition to other factors mentioned from time to time, could cause actual results to differ materially from those contemplated by the forward-looking statements: difficult conditions in global capital markets and the economy; governmental actions for the purpose of stabilizing the financial markets; defaults and downgrades in certain securities in our investment portfolio; impairment of financial institutions; credit and other risks associated with Aflac's investment in perpetual securities; differing judgments applied to investment valuations; subjective determinations of amount of impairments taken on our investments; limited availability of acceptable yen-denominated investments; concentration of our investments in any particular sector; concentration of business in Japan; ongoing changes in our industry; exposure to significant financial and capital markets risk; fluctuations in foreign currency exchange rates; significant changes in investment yield rates; deviations in actual experience from pricing and reserving assumptions; subsidiaries' ability to pay dividends to Aflac Incorporated (the Parent Company); changes in law or regulation by governmental authorities; ability to attract and retain qualified sales associates and employees; decreases in our financial strength or debt ratings; ability to continue to develop and implement improvements in information technology systems; changes in U.S. and/or Japanese accounting standards; failure to comply with restrictions on patient privacy and information security; level and outcome of litigation; ability to effectively manage key executive succession; catastrophic events; and failure of internal controls or corporate governance policies and procedures. 

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The Franchise Event Southeast Expo in Atlanta is this weekend March 12th & 13th 2011

/PRNewswire/ -- The Franchise Event Southeast Expo is designed to connect you with top franchise, licensing and business opportunities from all over the United States in one location in Atlanta.

Host: http://www.thefranchiseevent.com

When: Saturday March 12th 2011 Noon – 6:00 PM & Sunday March 13th 2011 Noon – 5:00 PM

Where: North Atlanta Trade Center - 1700 Jeurgens Court Norcross, GA 30093

Cost: $10 at the door – If you order online now at: http://www.thefranchiseevent.com/Southeast-Expo.html and use Promo Code: "CHA" you will get half price tickets plus we will donate half to Children's Healthcare of Atlanta .

Meet face to face and speak directly to industry professionals to learn about their exciting offerings and see if it is a fit for you and your goals as an entrepreneur such as:

All at Home, Avion Energy, Barton's Laundry, Beef Jerky Outlet, Beef O' Brady's Brewster's Chicken, Buff & Coat Hardwood Floor Renewal, Carla's Sandwiches & Burgers, CMT Mentors, Cresco Montessori Schools, DePalma's Italian Cafe, Dickey's BBQ, EMT USA (Non Emergency Medical Transport), Fantastic Sam's, Franchise Gator, Frannet of Atlanta, Gentle Rain Marketing, Great American Cookie Co, Griffin Waste Management, Home Video Studio, Ikor (Senior & Disabled Patient Advocacy), Italian Joe's, Jantize America, Lenny's Subs, Maggie Moo's, Marble Slab, Novus Glass, Papa-N-Son's, Pretzel Maker, Quickie Coupons, Scoop Wizards, Shoebox NY, Send Out Cards, Southern Automatic, Sportclips, The Athletes Foot, Tranquility Coffee &Tea House, WIN Home Inspection, World Market Express Convenience Stores, Wow Cafe & Wingery and more…

You can also attend one or all of our four great seminars included this Saturday & Sunday:

* How to Avoid Franchise Failure
* The 7 Stages of Small Business Success "From Startup to Seven Figures in Three years or Less"
* How to Market your Franchise
* Creative Funding - With and Without Loan Payments


So if you ever wanted to be your own boss, you are already a seasoned franchise owner or anywhere in-between... plan now to spend March 12th and 13th 2011 with us at The Franchise Event Southeast Expo.

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Lockheed Martin Urges IAM Employees to Vote in Favor of New Contract

/PRNewswire/ -- Lockheed Martin (NYSE: LMT) has urged employees represented by the International Association of Machinists and Aerospace Workers (IAM) to vote in favor of a new three-year contract Sunday.

Company and union negotiators failed to reach tentative agreements in three separate sets of contract negotiations that concluded March 3 in Point Clear, Ala. The proposed agreements would cover the nearly 6,000 IAM represented employees at Marietta, Ga.; Palmdale and Sunnyvale, Calif.; and several field locations.

"We are disappointed that the union bargaining committees rejected what we feel is an industry leading offer that would provide substantial wage and benefit improvements over the life of the contract and maintain Lockheed Martin's ability to deliver affordable solutions to our customers in an increasingly challenging budget environment," said Greg Karol, corporate vice president of labor relations. "This is a fair and equitable offer and we strongly encourage the union membership to review the proposed agreement and vote in favor of ratifying the new contract."

The Company's Best and Final Offer includes a competitive wage package that provides guaranteed pay increases over the next three years through a combination of three general wage increases totaling 8.5 percent over three years, a $2,500 ratification bonus and continuation of the annual cost of living adjustment (COLA) formula and supplements.

Current employees to retain industry-leading pension with substantial increase:

Current represented employees, hired before March 6, 2011, will maintain their defined benefit pension plan with an increase of $11 to $88 per-month, per-year of service, representing a 14% increase in their pension. Current employees will also continue to accrue service under this plan as they have under prior agreements.

Employees hired on or after March 7, 2011, receive new retirement plan:

New hires and rehires as of March 7, 2011 will be able to save for retirement with a new plan: the Hourly Capital Accumulation Plan (HCAP) with a guaranteed quarterly company contribution of $350 for their retirement. Employees eligible for HCAP are immediately vested in the plan, which has multiple investment options and is portable if employees leave the Company.

Lockheed Martin must remain competitive in increasingly challenging marketplace:

The transition to an Hourly Capital Accumulation Plan for new hires is an important step Lockheed Martin is taking to remain competitive in our industry. The vast majority of companies, including many of Lockheed Martin's competitors, do not offer defined benefit pension plans. The Corporation is taking action to position itself for the future with similar changes for newly hired and rehired employees while maintaining and improving the defined benefit pension for current employees.

Represented employees urged to exercise right to vote on new contract:

The proposals now go to the union memberships for consideration and are scheduled for votes on Sunday, March 6, 2011. Employees are urged to carefully review this information to have a full understanding of the facts of this offer before voting on Sunday.

"Lockheed Martin has had a long-standing partnership with the International Association of Machinists and Aerospace Workers," Karol said. "We value all the success we've had together and will continue working to strengthen that relationship while ensuring Lockheed Martin remains competitive. That means more jobs well into the future. We urge all IAM employees covered under these agreements to exercise their rights to vote on Sunday."

Find information about the proposed agreement at www.lockheedmartin.com/negotiations.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 132,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2010 sales from continuing operations were $45.8 billion.

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Shipping Industry Leaders Announce Clean Air Partnerships With Top U.S. Ports

/PRNewswire/ --The Coalition for Responsible Transportation (CRT) announced today that three of the nation's largest ports—the Georgia Ports Authority, the South Carolina State Ports Authority, and the Virginia Port Authority—have joined CRT as Charter Port Members.

This announcement marks the first time that CRT's membership has expanded to include public sector representatives, and will allow CRT to serve as a forum for ports around the country to collaborate with leading cargo owners, trucking companies, ocean carriers and CRT's partner organizations, including Environmental Defense Fund and the Retail Industry Leaders Association, to identify and implement best practices to reduce port-related diesel emissions.

CRT is a national coalition of importers, exporters, trucking companies and ocean carriers who share the belief that by partnering together, ports and their customers can improve the environmental quality of port communities while ensuring that the ports remain an engine for job creation and a thriving economy.

"CRT's mission is to develop public-private partnerships to solve air quality problems, and today's announcement is the next step in CRT's efforts to create a national venue to share best practices, build clean air partnerships between America's ports and their customers and service providers," said CRT President Rick Gabrielson, who is the Director of International Transportation for Target Corporation.

CRT's Charter Port Members share a commitment to environmental sustainability that has been demonstrated by their significant capital investments in air quality improvements across port operations and their development of innovative programs to reduce diesel emissions.

For example, through the Georgia Ports Authority's crane electrification, use of refrigerated container racks, rubber-tired gantry crane repower project and use of fuel additives, the Port of Savannah avoids use of more than 4.5 million gallons of fuel annually, resulting in tremendous emissions savings.

Curtis Foltz, Executive Director of the Georgia Ports Authority, commented, "Our commitment to being a leader in environmental stewardship is a key tenet of our fundamental mission at the GPA. We look forward in working with the CRT to identify collaborative industry solutions to improve overall air quality."

The South Carolina Ports Authority's award-winning environmental program, its "Pledge for Growth," includes voluntary efforts to address land, air, water and community impacts of the port. For example, air projects range from crane electrifications and energy efficiency projects to more than $5 million in public-private, voluntary initiatives that include using cleaner fuels, installing cleaner engines and reducing emissions from four tug boats, 57 port stacking cranes, a dredge and more than 170 trucks.

"The Port of Charleston shares CRT's commitment to practical solutions for improving air quality, while also enhancing the flow of commerce," said Jim Newsome, President & CEO of the South Carolina Ports Authority. "We look forward to continuing our productive relationship with CRT and its member companies, delivering programs that make environmental and economic sense."

Jerry Bridges, Executive Director of the Virginia Port Authority commented, "For more than a decade the Virginia Port Authority has voluntarily engaged in—and developed—diesel emission-reduction programs. The CRT is an industry leader in the development of clear-air programs that engage the critical players within the transportation logistics supply chain. It is that industry-wide influence and leadership that led the VPA to seek a charter membership in the organization."

Among its many environmental initiatives, in 2007 the Virginia Port Authority launched its Green Operator (GO) program, which is one of the first voluntary clean truck programs at a U.S. port. The VPA's dedication to this program, the cooperative efforts of the Federal, State and non-profit GO partners, and the support of Virginia's trucking industry have led to the replacement and/or retrofit of over 200 trucks within the last 18 months. The program continues to gain momentum, as currently 120 additional trucks are awaiting funding for replacement and "GO" is serving as a model for a larger regional program currently under development in the Mid-Atlantic region.

Today's announcement was made at the Retail Industry Leaders Association Logistics Conference in Orlando, Florida, where over 1,000 shipping industry leaders are gathered to discuss topics including ways to promote environmental sustainability in the supply chain.

CRT looks forward to additional ports around the country joining this partnership in coming months.

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FedEx Ground plans Norcross facility

New site will be FedEx Ground’s fourth distribution center in metro Atlanta

Gov. Nathan Deal joined with officials from the Gwinnett Chamber and the city of Norcross today in a groundbreaking ceremony for FedEx Ground, a subsidiary of FedEx Corp., at the future site of its new distribution facility. The company will invest $55 million in the construction of this facility. The company’s initial workforce for the new facility is projected to include 240 full-time and part-time employees and 75 independent contractor opportunities, drawn from the existing Norcross workforce.

“As a global logistics hub, Georgia provides FedEx Ground with a high-performing, interconnected logistics infrastructure that helps the company provide the superior level of service to which its customers have become accustomed,” said Deal. “FedEx Ground will find Gwinnett County is a strategic home for its distribution operation as the company seeks to expand and thrive in Georgia.”

FedEx Ground’s Norcross distribution center will be a 215,000-square-foot facility on Atlantic Avenue near Jimmy Carter Boulevard. The facility is slated to open in the fall of 2012 and will feature the latest automated material-handling technology, designed to process 15,000 packages per hour, with the capacity to dispatch as many as 75 pickup and delivery vans each day.

“Enhancing FedEx Ground’s distribution capability in the Southeast is critical to increasing the size, speed and efficiency of our network,” said Robert E. Holcombe, vice president of the southern region for FedEx Ground. “This new facility is evidence of the Southeast region’s increased presence in the distribution and logistics business and the growing confidence of local shippers that we are their best choice for their ground shipping needs.”

As a key business hub in Georgia, Norcross was selected as the site of the distribution center due in large part to the community’s access to major highways and other logistics benefits, such as its proximity to the FedEx Ground’s customers’ distribution operations and an extensive pipeline of talent for this industry.

“FedEx Ground is a strong representation of companies in Gwinnett that are choosing to remain and expand in the metro Atlanta region,” said Jim Maran, President and CEO of the Gwinnett Chamber. “Bringing jobs and capital to the community is a collective goal for Gwinnett and Atlanta, and we appreciate FedEx Ground and its contribution to our community’s vision and goals for the future.”

Norcross Mayor Bucky Johnson added, “The fact that FedEx Ground chose Norcross for its consolidation and expansion is a reflection of strong partnerships from the city and Chamber to the Gwinnett Village CID and the state of Georgia. Norcross welcomes FedEx and we look forward to a future with them as part of our community.”

Georgia’s logistics and transportation network is one of its most formidable assets, supporting all industry in the state. Georgia’s advanced system of logistics enables companies to quickly and seamlessly reach domestic and international markets through interconnected airports, seaports, rail and roads. Companies in the state can reach 80 percent of the U.S. market within a two-day truck haul or a two-hour flight, and the port of Savannah is the fastest-growing container port in the country. This industry is a strategic focus for the state, and is uniquely backed by the Georgia Center of Innovation (COI) for Logistics, which provides the statewide framework, connections and university resources to address the constant challenges of a complex industry. As an industry-focused component of the Department of Economic Development, the COI for Logistics provides Georgia companies with industry expertise, information tools and assistance in creating new products and services to help fuel logistics competitiveness.

About FedEx Ground
FedEx Ground specializes in cost-effective, small-package ground shipping, offering dependable business-to-business delivery or convenient residential service. With a network of more than 500 distribution hubs and local pickup-and-delivery terminals, FedEx Ground has a workforce of more than 70,000 employees and independent contractors and 20,000 motorized vehicles delivering over 3.6 million packages daily throughout the United States and Canada. The company reported annual revenue of $7.4 billion in fiscal year 2010.

UGA Report: Georgia forests provide $37 billion in ecological benefits to state

 A University of Georgia researcher has found that Georgia’s forestlands provide essential ecosystem services to the state worth an estimated $37 billion annually. This is in addition to the value of timber, forest products and recreation. This is the first time these indirect benefits of Georgia’s private forests have been estimated.

Rebecca Moore, an assistant professor in the Warnell School of Forestry and Natural Resources, studied the 22 million acres of privately-owned forestland in Georgia to estimate the benefits of water filtration, carbon storage, wildlife habitat and aesthetics.

“People value these things,” Moore said, “but because they aren’t like other goods in that people don’t go out and buy them, it’s difficult to estimate just how much we value them. The purpose of our research was to do just that—estimate the value of the ecosystem services provided by private forests in Georgia.”

Moore’s study was conducted with funding from the Georgia Forestry Foundation. The findings of her study were announced at the state capitol on Feb. 9.

“We have had studies for some time that tell us what the economic benefit of wood and fiber manufacturing in the state is,” said Steve McWilliams, executive director of the Georgia Forestry Foundation. “This new study allows us to place a dollar value on those services we receive from the standing forests, and they are many.”

Moore’s final report, which can be found at http://www.warnell.uga.edu/news/wp-content/uploads/2011/02/Final-Report-1-24-11.pdf, focused on six types of ecosystem services forests provide: gas and climate regulation; water quantity and quality; soil formation and stability; pollination; wildlife habitats; and aesthetic, cultural and passive use.

Moore and her collaborators—graduate students Tiffany Williams andEduardo Rodriguez and Warnell Assistant Professor Jeffrey Hepinstall-Cymmerman—analyzed Georgia forestlands by identifying key forest characteristics that affect ecosystem services and estimating per-acre values for each different type of forest.These values were estimated from survey data the team collected and from the results of previous published studies. What Moore found upon concluding her three-year study is that Georgia’s private forests provide an estimated $37 billion annual benefit to Georgia residents. The values can vary widely—between $200 to $13,000 per acre—depending on the location and ecology of the land, Moore said.

“Understanding the value of these benefits of forestland is important,” Moore said, “because it allows us to make better land use decisions. The ecological services forestlands provide are incredibly beneficial to Georgia, and you receive these benefits whether or not you own forestland. Many people think of them as free. But if we lose forestland, we risk losing these benefits.”

McWilliams said he hopes the results of Moore’s study focusing specifically on Georgia will result in public policy decisions that help us conserve Georgia’s working forests. “It carries a lot of weight when we can talk about Georgia forests to Georgia legislators and Georgia opinion leaders,” McWilliams concluded.

The Georgia Forestry Association is a conservation organization based in Forsyth. It works with landowners to adopt sound land management practices so that their forests will help provide clean air and water, soil conservation, wildlife habitats, recreation and timber products.

For more information on the Georgia Forestry Association, see www.gfagrow.org.

For more information on the Warnell School of Forestry and Natural Resources, see http://www.forestry.uga.edu/.

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