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Tag: Additional

The Home Depot Names Ted Decker President and Chief Operating Officer; Announces Additional Senior Leadership Promotions

ATLANTA, Oct. 2, 2020 /PRNewswire/ — The Home Depot®, the world’s largest home improvement retailer, today announced that Edward “Ted” P. Decker has been named president and chief operating officer, effective October 5, 2020. Decker, a 20-year veteran of the company, has served as executive vice president of merchandising since 2014. As the company’s chief merchant, he has been responsible for all store and online merchandising departments, merchandising strategy, services and vendor management, marketing and in-store environment. In his new role, he will assume additional responsibility for global store operations, global supply chain, and outside sales and service.

“Ted is an incredible leader who has enhanced our competitiveness and interconnected strategy by blending the art and science of retail while also driving outstanding results with both our in-store and online customer experience,” said Craig Menear, chairman and CEO of The Home Depot. “We are extremely

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HJ Sims Secures $6.5 million Additional Debt Financing for Capital Improvements

FAIRFIELD, Conn., Sept. 30, 2020 /PRNewswire/ — HJ Sims (Sims), a privately held investment bank and wealth management firm founded in 1935, is pleased to announce the successful August 2020 transaction in the amount of $6.5 million additional debt financing for capital improvements for the Philadelphia Protestant Home (PPH). PPH operates a continuing care retirement community in northeast Philadelphia, featuring 266 independent living units, 175 personal-care units and 126-bed nursing facility.

hjsims.com
hjsims.com

PPH has been funding capital improvements from general fund revenues. To efficiently manage cash-flow, PPH elected to finance $6.5 million of upcoming capital improvements. Sims, as financial advisor, developed a financing plan that provided for the funding of the required capital improvements, while implementing a structure that maintained maximum flexibility to maintain their debt service at manageable levels.

Prior to engaging PPH’s existing banking partner, Citizens Bank (Citizens), Sims worked with the PPH Fiscal Oversight Committee

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Egypt- Planning Minister approves additional EGP 100m for Aswan-Al-Alaqi Road improvements

(MENAFN – Daily News Egypt) Egypt’s Minister of Planning and Economic Development Hala El-Said has approved an additional budget of EGP 100m for the Ministry of Transport to start raising the efficiency of the Aswan-Al-Alaqi Road.

The road, which runs for a total length of 150 km, has already been granted EGP 560m in funds for its development.

El-Said made note of the economic importance of the transportation sector, with transport networks of all kinds considered economic lifelines. She also said that these networks link production centres with consumer markets, whilst also ensuring that production sites can obtain the required raw materials and operating requirements.

She pointed out that the transport sector’s output is important for production in many commodity and service sectors, such as the trade, extractive and manufacturing sectors.

The minister said that a country’s productivity highlights the importance of a sound and efficient transportation sector. Improving transportation

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Basement Renovation Now Adds Value and Additional Living Space to Homes of all Sizes

Whether You Live in a Rural or Urban Property, Basement Renovation Now Can Restore All Types of Basement.

The team at Basement Renovation Now recognizes that basements are often dead space in properties, with the space dark, cold and used for storage of unnecessary items and junk. But renovating a basement can bring a variety of benefits to a property and in a very short space of time.

One of the major benefits of renovating a basement is the immediate increase it brings to the property’s value. In an urban location, the basement or the attic are often the only ways of increasing the living space within a home, and the basement often comes with the added benefit of being more accessible by all the family. In addition to this, adding value such as this to a property can really differentiate it in a competitive market, and generate many more

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