Facebook Eugene Hogan, founder of Bridge PR which has been acquired by global communications consultancy firm Teneo.Photo: Arthur EllisTENEO, the global communications and advisory company, has announced the acquisition of Bridge PR, a leading strategic public relations business based in Killaloe.The firm was founded by former Irish Independent Mid West Regional Correspondent Eugene Hogan in 2011 and provides a wide range of strategic communications and content creation services working with leading regional, national and international organisations.Sign up for the weekly Limerick Post newsletter Sign Up “Ireland continues to be an important market for many of the world’s leading companies,’ said Declan Kelly, Chairman and chief executive of Teneo.“We are delighted to have Eugene and his team join as we continue to expand our service offering to meet client needs.”Teneo Ireland chief executive Mick O’Keeffe said, “This acquisition gives us additional reach and a strong profile in the Mid-West and I firmly believe Eugene and his team will bring significant added value to Teneo and our clients.“We have grown substantially over the last few years and this move will enhance our strategic communications, leadership advisory and content creation capabilities.”Said Eugene Hogan, founder and MD of Bridge PR: “Joining Teneo will enable us to scale our operations and deepen resources for the growing portfolio of clients we have developed.“To have a global leader acquire our business is a very positive validation of what we do, of our client base, and indeed, our team. We look forward to bringing this additional expertise and resource to bear for our clients, jointly growing our operations and delivering on this vote of confidence in our business here by Teneo.” WhatsApp Advertisement Ann & Steve Talk Stuff | Episode 29 | Levelling Up TAGSbridge prbusinessClareeugene hoganLimerick City and CountyMid WestNewsteneo Email BusinessNewsBridge PR acquired by top advisory company TeneoBy Bernie English – February 24, 2020 871 Linkedin Twitter Exercise With Oxygen Training at Ultimate Health Clinic Previous articleMother and daughter get married on the doubleNext articleWATCH: ‘Again it just shows that these lads are learning’-Lee commends football team Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news. RELATED ARTICLESMORE FROM AUTHOR Housing 37 Compulsory Purchase Orders issued as council takes action on derelict sites Print Limerick businesses urged to accept Irish Business Design Challenge Limerick on Covid watch list TechPost | Episode 9 | Pay with Google, WAZE – the new Google Maps? and Speak don’t Type!
Home / Featured / Where are the Most Overleveraged Mortgage Debtors? in Featured, News Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago About Author: Xhevrije West The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Homebuyers often bite off more than they can chew when purchasing a home which can place them into mortgage debt due because they can no longer afford the home. See which cities host the most overleveraged borrowers.A study from WalletHub found that although purchasing a home typically equates financial growth or building wealth, sometimes borrowers overestimate their ability to pay the loan back.”Not only are property values at the mercy of the national economy and local housing markets, but our financial circumstances can also take an unexpectedly downward turn at any moment, the report stated. “And without a financial safety net, we risk biting off more than we can chew as well as reshaping our long-term goals into short-term realities.”Although mortgage rate are nearing three-year lows , which should mean lower, more affordable payments and larger loan amounts, “such an attractive combo is bound to tempt the most impulsive of us into owning a home—and perhaps one we can’t realistically afford—much sooner than we can or should,” WalletHub said.WalletHub’s analysts determined which cities are home to the most overleveraged mortgage debtors by comparing the average mortgage balances against the median income and median home value in each of 2,521 cities.The city with the most overleveraged homeowners is Hamtramck, Michigan with a score of 59.4 out of 100. Here, the average mortgage debt is $120,286, the median home value is $39,800, and the median income is $18,845. In addition, the average debt-to-income ratio is 638 percent and the debt-to-house ratio is 302 percent.”Before diving in to the deep end of real estate, it’s advisable to polish credit reports and maximize credit scores to qualify for the best possible rates,” WalletHub explained. “It also helps to leverage a Mortgage Calculator to gauge the size of payments finances will allow and the timeline for paying off [a] mortgages, whether borrowing for the first time or refinancing an existing loan. Otherwise, [they] risk overleveraging [them]selves, as is the case for homeowners in many cities throughout the U.S.”WalletHub’s Most Overleveraged CitiesHamtramck, MichiganSan Luis Obispo, CaliforniaBeverly Hills, CaliforniaBrooksville, FloridaMcKees Rocks, PennsylvaniaBay Point, CaliforniaNew York, New YorkSanta Barbara, CaliforniaKailua, HawaiiGreenwich, ConnecticutClick here to view the full report. Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Trump Hints at Fed Chair Yellen’s Future Next: DS News Webcast: Thursday 4/21/2016 Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago April 21, 2016 2,782 Views Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. Homebuyers Mortgage Debtors Mortgage Rates 2016-04-21 Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Is Rise in Forbearance Volume Cause for Concern? 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Print This Post Tagged with: Homebuyers Mortgage Debtors Mortgage Rates Where are the Most Overleveraged Mortgage Debtors? Subscribe
“This modern technology resulted in the exclusion of various steps in the production process, with subsequent cost savings and environmentally-friendly results.” The technology, known as OneStep, particularly allows for savings in water and energy consumption and improves production efficiencies. ISO 22000 FSSC was the first single standard to attain worldwide recognition. It was introduced in 2004 to guarantee safety systems in companies that process animal products, perishable vegetable products, products with a long shelf-life, food ingredients with additives, vitamins, bio-cultures and food packaging material manufacturing. “Since investing in the Coega IDZ, the dairy has produced exceptional results – from over delivering on environmental standards compliance, creating jobs and expanding operations – this accolade is another feather in the cap of one of our most successful investors,” said head of marketing and communications for the Coega Development Corporation, Ayanda Vilakazi. SAinfo reporter Coega Dairy is also unique in the country for its ultra-high temperature (UHT) processing plant. “We are the first dairy company to invest in a plant design that is significantly more efficient than conventional UHT milk processing solutions available in other South Africa plants,” the company said. “To be the first South African dairy to receive the sought-after international ISO 22000 FSSC certification is an exceptional honour for us,” chief executive officer of Coega Dairy, Hennie Kleynhans, said in a statement. “Before certification we completed an audit for the ISO 22000 Hazard Analysis and Critical Control Point (HACCP) accreditation, which required a paper trail and quality checks from the farmer to the household.” 3 October 2012 The Eastern Cape province’s eco-friendly Coega Dairy has become the first South African dairy to be awarded an ISO 22000 Food Safety System Certification, a sought-after international standard for food safety management, the company announced on Monday. Located in the Coega Industrial Development Zone (IDZ) just outside Port Elizabeth, the dairy produces Coastal View UHT milk and butter and has the smallest carbon footprint of any dairy throughout the southern hemisphere. The Coega Dairy factory has also been certified as Kosher and Halaal.
Share Facebook Twitter Google + LinkedIn Pinterest The challenges of making good hay are many.It requires season-long hour-by-hour weather watching, extensive time management skills, the equivalent of a PhD in engineering required to make even routine in-field repairs, and the patience under pressure of the most skilled surgeons when making said repairs with a rain cloud looming. Those making hay also need to know a good bit about chemistry, biology, agronomy, physics, and have the people skills of a top waiter at a white tablecloth restaurant to deal with an often fickle customer base trying to feed livestock worth more than most homes.At any rate, it ain’t easy making hay, but somebody has to do it. One of those somebodys is Mike Lutmer from Warren County. Mike and his brother Chris have been working with hay since they were young.“Currently, we have around 200 acres of hay. We also do some custom work. A majority of our hay customers have been with us for over 15 years. Warren County has over 6,000 horses, so we keep hay in the rotation due to the high demand. Also, not every field is suitable for row crops, so the demand for hay works to our advantage,” Mike Lutmer said. “We learned to bale hay from our grandfather when we were little kids. One of my fondest memories is tumbling the hay bales down the hay stack in Grandpa’s barn. Sometimes we tumbled with the bales.”The number of hay acres on the farm are subject to changes in the farm economy and the general economy.“When the housing market declined, the demand for straw decreased significantly. With the economic downturn, many horse owners also felt the same pain. Some of those individuals were no longer able to afford good quality hay,” he said. “People weren’t buying houses and they weren’t buying horses.”Most of the hay grown on the farm is a blend of alfalfa and orchardgrass, with timothy mixed in some fields.“We have about 50 acres that are mixed grass — fescue, orchardgrass, timothy and red clover that is used to make cow feed. There is nothing too hot, but it has a good protein and feed value,” Lutmer said. “The rotation depends — usually it will be corn-beans for several years and then we’ll put wheat in. When we take off the wheat, we’ll let it sit fallow for a few weeks. Then we will prepare to begin for our fall seeding of hay. This happens mid-August through the first week of September, weather permitting. Depending on what we want, we’ll do a 65% 35% alfalfa-orchardgrass mix. We will also grow straight timothy and a timothy alfalfa mix, depending on what our customers are requesting. Fifteen years ago, the timothy alfalfa mix was a hot commodity. Since then, the alfalfa-orchard grass mix has gotten more popular. Typically, we leave the stand in rotation for five years, but we have gone seven or eight years in the past. If it is getting thin at the four-year mark and we are getting weed pressure, we will take the first cutting and no-till soybeans in.“We no longer make round bales because a cow deserves a square meal. We run a New Holland big square baler that produces three-by-three-by-eight bales, and we also run a couple New Holland 575 small square balers with accumulators behind them. For our mower conditioner, we run a center pivot MacDon disc mower. We have two different rakes. We run a Krone twin rotor rake and a H&S wheel rake, depending on the conditions.”Maintaining a consistently high quality product is vitally important. Pests are not often a major issue with quality hay production.“We really don’t have many issues. If we do, we spray Warrior for leaf hopper,” Lutmer said. “You have to catch leaf hopper in the larvae stage and spray it, otherwise they will eat it and be gone. Since we have the mixed forage, we do not have a big issue with that or alfalfa weevil. When scouting fields, if we happen to see an issue we will make that field a priority. It will be cut first to try and control the pests.”Soil fertility and hay moisture levels are much more important for quality.“Every few years we will pull soil samples and add lime, N, P or K, depending on what the soil sample shows. We’ll add it after the first cutting, weather permitting,” Lutmer said. “We make sure the hay is baled at the best moisture to avoid problems with mold, that is one of the most important things for quality. We also try to keep good, clean fields. Especially around the outside, we’ll spot spray or mow if we have something like a bad patch of thistles. We have looked into it, but we have not used any Roundup Ready alfalfa yet. Then, depending on the moisture levels on our big squares, we’ll use CropSaver Hay Preservative from New Holland if it is anything over 18%. We use that as little a possible, but if the rain is coming and the hay is borderline, it will be applied to help keep it greener and keep it from molding. It also helps the palatability.”If quality suffers, so do customer relationships. Lutmer goes to great lengths to address any problems.“Dealing with horses is quite different than dealing with cattle. Horses do not have the ability to process moldy hay like a cow does. Therefore, horse owners have different concerns when it comes to the hay for their horses. We do everything we can to provide a high quality product and keep an open line of communication to know what they are looking for,” he said. “In the fall, we ask our customers how many bales they will need. That way, we can plan to have enough bales to take care of our current clients.”Most of the hay is then delivered.“We deliver over 90% of our hay. Sometimes it is a delicate balancing act, juggling all the things we have going on,” he said. “We are fortunate to have long term customers who work with us on delivery scheduling.”Hay remains an important part of the Lutmer Farms business, along with row-crop production and custom trucking. The hay certainly offers plenty of work and numerous challenges, but it also helps diversify income sources and provide many benefits to the other parts of the operation.“There is a yield benefit with the hay in rotation. Some years it is more beneficial than others. On average, we have seen a 10% yield bump with beans after first cutting hay. After years of being in alfalfa, the corn uptakes the nitrogen helping increase the yield,” Lutmer said. “Water quality and erosion are very important aspects of our farm. Hay production in certain fields enables us to keep our waterways clean and viable. The more soil health you have the better off you are.”Hay production often requires near super-human abilities, but people like Lutmer welcome the challenge, at least some days.“Some days, baling hay can be extremely rewarding. Then there are days when baling hay can test your resilience,” he said. “It may not be for everyone, but it’s something we thoroughly enjoy. The best scent of summer is a trailer load of freshly baled hay. Knowing that this trailer load of good quality hay is going to a satisfied customer, makes all the long hours worthwhile. We are always looking for that perfect bale.”