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Companies in the News
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City Council Approves $1.1 Billion for New International Terminal
The approval of the budget came nearly a week after Ben DeCosta, the airport’s general manager, presented plans for the terminal to the council Feb. 27. Delta Air Lines Inc., which operates the majority of flights out of the airport, has supported the concept of the new international terminal from its inception, as it dovetails with Delta’s international expansion strategy. But the airline has expressed concern over an increase in a reserve fund, a monetary cushion to combat unexpected costs, to $168 million, $110 million more than the $58 million Delta initially agreed on, news reports have said. Nonetheless, the budget passed the council with a 12-0 vote. There was one absention. Airport and council officials agree that the facility will anchor Hartsfield’s growth and Atlanta’s ascension as a hub for international business. “It will not only be Atlanta’s global gateway to the world, but it will ensure that we are able to accommodate the ever-growing capacity of international travelers that come through the world’s busiest airport,” Mr. DeCosta said. Lisa Borders, president of the city council, said an estimated increase of international travelers through the airport from 9 million to 13 million will impact the Atlanta economy significantly.GE Energy Reaches Second $1 billion Wind Turbine Agreement
Under the contract announced March 6, GE Energy, the energy subsidiary of General Electric Co., will supply Invenergy with 750 megawatts of wind turbines for North American projects to be built in 2010. The initial agreement, reached in January, outlines a similar arrangement, also with a price tag of more than $1 billion, for U.S. and European projects in 2009. GE and Invenergy executives praised the successive deals as signs of increased popularity and demand for carbon-free, renewable energy sources throughout North America and the world. A company press release cited the American Wind Energy Association in saying that GE has provided half of the wind turbines for new U.S. wind power capacity, a sector that represents 30 percent of the country’s new power generation in 2007. Since 2004, GE wind turbine production has increase 500 percent, with revenues in wind energy making up more than $4 billion of the company’s total $22 billion in 2007 revenue. Visit www.ge.com/energy.
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Delta Granted Approval for New Colombia Route
Delta was one of four airlines selected to take advantage of a September 2007 aviation agreement between the U.S. and Colombia that will increase the number of weekly flights between the two countries from 70 to 91 in a phased plan throughout the course of this year. The new Delta service would complement the carrier’s existing daily flight to Bogota from Hartsfield-Jackson Atlanta International Airport. The number of passengers flying between the U.S. and Colombia increased by 200,000 from 2002 to 2006, reaching an annual total of 750,000 last year. Other routes and airlines included in the new round of pre-approvals are JetBlue Airways from Orlando, Fla., Spirit Airlines from Fort Lauderdale, Fla., and Continental Airlines from Houston. If no objections are raised during a two-week comment period, the transportation department will issue a final decision, and Delta is allowed to begin its service immediately. Delta also began new service from New York to Tel Aviv, adding to its Atlanta service to the same city that began in late 2006. Visit www.delta.com.
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Pest Control Company Expands Middle East Presence
Before the Bahrain location, Orkin, a wholly owned pest control subsidiary of Atlanta-based conglomerate Rollins Inc., already had franchises in Qatar, Saudi Arabia and the United Arab Emirates. “We are pleased with Orkin’s franchise expansion as we increase Orkin’s global brand recognition in the Middle East,” said Tom Luczynski, vice president of international franchising. With the new addition, Orkin now has a total of 10 international franchises, including locations in Canada, Costa Rica, Honduras, Mexico, and Panama in addition to its Middle East branches. Rollins Inc. provides pest control services to about 1.7 million customers through 400 franchises worldwide by way of Orkin and its other subsidiaries, the Industrial Fumigant Co., PCO Services and Western Pest Services.
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Adairsville Carpet Company Adopts ‘Green’ Strategy
With this new initiative and the company’s current use of recycled material in its products, Beaulieu materials can now carry “Green-e” label from the Center for Resource Solutions, an environmental promotion group in San Francisco. The center monitors energy use and production methods by manufacturers and allows companies working to reduce greenhouse emissions to put a green logo with an “e” on their products. James Lesslie, Beaulieu’s president, said that manufacturers can play a positive role in greenhouse gas emissions, which some say are responsible for a pattern of global warming. “In the U.S., the largest source of carbon-heavy greenhouse gasses comes, not from automobiles, but from coal-fired electric power plants,” he said, adding that energy initiatives are part of “differentiating our organization through sustainable management practices.” Beaulieu Commercial is an offshoot of Beaulieu of America, a subsidiary of Beaulieu Belgium that set up its headquarters in Georgia in 1978.
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