Shannon firm to close after Christmas

first_imgTwitter Linkedin WhatsApp Facebook Print Andrew CareyA SHANNON based electrical switchgear firm is to close with the loss of 63 jobs.Sign up for the weekly Limerick Post newsletter Sign Up At the end of January, Kraus and Naimer is to closing its manufacturing facility in the Shannon Free Zone.The Limerick Post has learned that the closure is due to continued financial losses at the firm.Kraus and Naimer has been sustaining losses for the last number of years.It is understood that the closure is forced due to the impact of weak customer demand due to the global recession.The facility was set up in Shannon in 1973.center_img NewsBreaking newsShannon firm to close after ChristmasBy admin – December 5, 2013 711 Advertisement Email Previous articleLimerick homes at risk of repossessionNext articleGeordie Shore sets Limerick pulses racing adminlast_img read more

Football lands three-star recruit after flip-flop

first_imgAt a time when high school seniors across the nation are starting to hear back from some of their dream schools, one particular senior just ended a rather peculiar college search. Velus Jones Jr., a wide receiver recruit out of Saraland High School in Alabama, announced Saturday that he has committed to USC in the fall.Saturday’s announcement wasn’t the first time Jones committed to USC — the 5-foot-11, 180-pound recruit said back in April that he had chosen the Trojans over a host of suitors that included schools like Notre Dame, Penn State, Tennessee, Georgia, South Carolina and Michigan. Still, there was one alternative that remained appealing to Jones.On Friday, Jones swapped the cardinal and gold for the crimson and cream, as Jones announced that he was committing to Oklahoma.No sooner had Jones committed to being a Sooner, than the three-star recruit changed his mind once again to return to Troy, stating in a tweet on Saturday: “I have made my final decision to attend the University of Southern California and I’m ending my recruitment FIGHT ON!”The Trojans hope Jones can continue his success from his last two years at Saraland. In his junior and senior seasons, Jones gained more than 2,000 yards over 99 receptions, racking up 19 touchdowns in the process. After leading Saraland to Alabama’s Class 6A championship game and making an appearance in the Alabama-Mississippi All-Star Classic, his former head coach Jeff Kelly has good reason to give him a glowing review.“I think Velus is a guy who can do a lot of things,” Kelly said to AL.com. “He can play both the inside and outside receiver. He can create different matchups, and he also is a guy who is very dangerous returning kicks and punts.”Jones will likely join four other USC wide receiver recruits in the 2016 class, including Josh Imatorbhebhe from North Gwinnett High School in Suwanee, Georgia and Michael Pittman from Oaks Christian High School in Westlake Village, California, both of whom have already enrolled for the spring semester. The other two — who have not yet signed letters of intent — are Tyler Vaughns and Trevon Sidney, both hailing from Bishop Amat in La Puente, California.The incoming class of receivers will hope to follow in the footsteps of recent Trojan greats like Robert Woods and Marqise Lee, and they will have at least one season with current star JuJu Smith-Schuster to show them the ropes.All recruits have until National Signing Day — Feb. 3 — to finalize their commitments.last_img read more

Prime Time comes to Canton

first_imgNEON DEION—Deion Sanders poses with a bust of himself during the induction ceremony at the Pro Football Hall of Fame, Aug. 6, in Canton, Ohio. (AP Photo-Tony Dejak) by Barry WilnerAP Pro Football Writer CANTON, Ohio (AP)—Prime Time has come to Canton—with an extra touch of gold. And a black do-rag.Deion Sanders strutted into the Pro Football Hall of Fame on Saturday night sporting a pair of gold shoes to go with the gold jacket emblematic of the special company he has become a part of. At the end of his riveting acceptance speech, he placed his ubiquitous do-rag on his hall bust.Neon Deion indeed.“This game,” Sanders repeated dozens of times, “this game taught me how to be a man. This game taught me if I get knocked down, I got to get my butt back up.“I always had a rule in life that I would never love anything that couldn’t love me back. It taught me how to be a man, how to get up, how to live in pain. Taught me so much about people, timing, focus, dedication, submitting oneself, sacrificing.“If your dream ain’t bigger than you, there’s a problem with your dream.”Sanders joined Marshall Faulk in entering the hall in their first year of eligibility. Shannon Sharpe, Richard Dent, Chris Hanburger, Les Richter and Ed Sabol also were enshrined before an enthusiastic crowd of 13,300—much lower than the usual turnout. With Sunday’s Hall of Fame game a victim of the 4½-month NFL lockout, Fawcett Stadium was half full.Not that Sanders needs a big audience.The dynamic cornerback and kick returner ran off a list of people who influenced him as smoothly as he ran past opponents, whether running back kicks or interceptions—or even catching passes when he appeared as a wide receiver, or dashing around the bases in the major leagues, including one World Series appearance.He spoke of promising his mother she could stop working in a hospital when he became a success, and of how he created the Prime Time image at Florida State—then turned it into a persona.A Hall of Fame persona.“What separates us is that we expect to be great,” he said. “I expect to be great, I expect to do what had to be done. I expect to make change.”Just as Sharpe expected to change his life as a kid who went to college with two brown grocery bags filled with his belongings.When Sharpe headed to Savannah State, all he heard was how he was destined to fail.“When people told me I’d never make it, I listened to the one person who said I could: me,” Sharpe said.Failure? Sharpe went from a seventh-round draft pick to the most prolific tight end of his time. He won two Super Bowls with Denver and one with Baltimore, and at the time of his retirement in 2003, his 815 career receptions, 10,060 yards and 62 TDs were all NFL records for a tight end. Three times he went over 1,000 yards receiving in a season—almost unheard of for that position. In a 1993 playoff game, Sharpe had 13 catches against Oakland, tying a record.Sharpe patted his bust on the head Saturday before saying, “All these years later, it makes me proud when people call me a self-made man.”In a captivating acceptance speech, Sharpe passionately made a pitch to get his brother, Sterling, who played seven years with the Packers, considered for election to the shrine. Sterling, who introduced his younger brother for induction, wept as Shannon praised him.“I am the only player who has been inducted into the Pro Football Hall of Fame and am the second-best player in my family,” Sharpe said.“I am so honored. You don’t know what this means for me. This is the fraternity of all fraternities.”Faulk was the running back of running backs for much of his 12-season career.As versatile and dangerous a backfield threat as the NFL has seen, Faulk was voted the NFL’s top offensive player in 1999, 2000 and 2001, and was the NFL’s MVP in 2000. He was the league’s scoring leader in 2000 and ’01, made seven Pro Bowls, and was the first player to gain 2,000 yards from scrimmage in four consecutive years.The second overall draft pick in 1994, when Faulk was offensive rookie of the year, he played five seasons in Indianapolis, then his final seven for St. Louis, helping the Rams to their only Super Bowl victory in 1999.Through tears, Faulk said, “Boy this is pretty special. … I am glad to be a part of it. This is football heaven.“I am a football fan just like all of you,” Faulk told the crowd. “I have always, always been a fan and had an abiding passion and love and respect for this game of football, even when I was a kid selling popcorn in the Superdome because I couldn’t afford a ticket.“It’s tough going from the projects to the penthouse.”Dent was a dynamic pass rusher on one of the NFL’s greatest defenses, the 1985 NFL champions. He was the MVP of that Super Bowl and finished with 137½ career sacks, third all-time when he left the sport.He epitomized the Monsters of the Midway: fast, fierce and intimidating.“Richard was like a guided missile,” Joe Gilliam, Dent’s college coach, said during his introduction.“You must dream and you must be dedicated to something in your life,” added Dent, who asked everyone in the audience to rise in applause for the legendary Gilliam, then thanked dozens of people, including many from the ’85 Bears who also were in the stadium. He saved his highest praise for the late Walter Payton.“When you have dreams, it is very tough to say you can do everything by yourself,” Dent said. “It’s all about other people.”last_img read more

AVIC Maritime to Sell Stake in Its Subsidiary

first_imgzoomIllustration. Source: Flickr – under the CC BY 2.0 license; Image by: Kees Torn Singapore-based marine and offshore solutions provider AVIC International Maritime Holdings Limited (AVIC Maritime) has decided to dispose of its entire stake in AVIC Zhenjiang Shipyard Marine (AZM). On May 15, 2019, the company entered into a conditional sale and purchase agreement (SPA) with investment holding company High Beyond Corporation Limited for the disposal of AZM.As informed, the proposed transaction includes 60% shareholding in AZM or 3 million issued and paid-up ordinary shares in the capital of the shipyard.The stake would be sold for USD 2.2 million, according to AVIC Maritime.AZM is a joint venture company incorporated in Singapore with its core business being investing in vessels by taking up equity stakes in vessels for investment purposes.AVIC Maritime controls 60% in AZM, while the remaining 40% is owned by Jiangsu Zhengjiang Shipyard.As explained, the move comes following a strategic review of the financial position, operational needs and long-term strategy of AVIC Maritime as well as business prospects of AZM.According to AVIC Maritime, AZM “has been facing and continues to face challenging market conditions due to, among other things, reduced demand for offshore support vessels following the oversupply of such vessels in the global market.”Based in Hong Kong, High Beyond Corporation is a subsidiary of AVIC International Holdings Limited (AIHL). AIHL is also a controlling shareholder of AVIC Maritime.The completion of the transaction is subject to a number of relevant conditions.Also on May 15, AVIC Maritime published its financial results for the first quarter of this year which show that the company’s profit decreased to RMB 12.4 million (USD 1.8 million) from RMB 17.1 million seen in Q1 2018.Revenue also dropped by 5% year-on-year to RMB 133.9 million in Q1 2019 from RMB 140.8 million posted in Q1 2018. The decrease was attributed to the absence of shipbuilding construction revenue, while shipbuilding project financing and management, and ship design service generated higher revenue compared to a year ago.AVIC Maritime’s related shipyards, AVIC Dingheng and AVIC Weihai, continued to build up their orderbooks for niche products, which include small-medium size, dual-fuel chemical tankers and RoPax vessels.Deltamarin, another subsidiary of AVIC Maritime, grew its orderbook in Q1 2019 and extended its track record in the design of high-tech, green vessels.last_img read more

Guardiola expresses his admiration for Jose Mourinho

first_imgPep Guardiola oddly praised Jose Mourinho and expressed his admiration for the Portuguese manager, something that rarely happens.Something very strange is happening between Pep Guardiola and Jose Mourinho after ten years of rivalry, both managers are finally starting to give in and praise each other and they both understand that they are two of the best managers ever.Ahead of this Sunday’s crucial Manchester Derby between City and United, both coaches have been doing the rounds with the press and they both have stated some very interesting thoughts about their opponents.Jose Mourinho just said this week, that Manchester City’s current form and their season has been nearly perfect and we still hadn’t heard a proper response from Pep Guardiola.Well, the manager started his round of responses last Friday with the press conference he offered in the morning.At first, Pep was questioned about the press not talking about external topics that weren’t related to football when it came to Guardiola and Mourinho.Once the journalist mentioned this, everybody realized how true this was and how influential the game can be when it’s done properly.England has been known for this characteristic mostly, they rarely talk about topics that have nothing to do with football and any manager loves that.It’s all set for another high-profile battle between Pep Guardiola and Jose Mourinho tomorrow. Who will come out on top in the #ManchesterDerby? pic.twitter.com/t5cvSSPamy— SuperSport (@SuperSportTV) November 10, 2018As the question was being asked to Pep Guardiola, the Catalan manager’s expression kept changing to a more relaxed state and simply responded with a: “Thank you so much. Thank you,” said Pep via Goal.“At the end we are both good guys, more than you expect. It’s much better, believe me.”Right after that honest answer, Guardiola proceeded to praise the victory that Manchester United had at Juventus’ Stadium a few days ago in the Champions League.“No team wins in Turin in the last nine years, how strong Juventus are. They had a problem for 10 minutes after Cristiano’s goal but they were so stable with a lot of commitment, aggressive without the ball. A few weeks ago at Stamford Bridge [against Chelsea], one of the toughest places, they almost won,” he continued.“It’s always complicated. In our history of Manchester City it’s hard to beat United and they beat us more times but it’s a good rivalry and a good chance for three points.”norwich city, manchester city, premier leagueReport: City are stunned by Norwich George Patchias – September 14, 2019 Manchester City was stunned by Norwich City in todays Premier League clash.Much has been made in recent days of the potential impact of Aymeric…“We will try especially to have a good game. We’ll speak with the players about what we guess will happen and suggest what we should do to win the game.”“We have to play good, only one challenge in football is to play good, and have more chance to win. The top teams, you cannot imagine and think about it, play amazingly for 90 minutes and they don’t have chances.”#PL 🏴󠁧󠁢󠁥󠁮󠁧󠁿 I Guardiola – Mourinho, próximo asalto 💥 https://t.co/nCZKU4zPeU pic.twitter.com/yjA2Nx1MT0— Diario SPORT (@sport) November 10, 2018But the praise wasn’t over from Pep Guardiola, members of the media asked him about the level of admiration he has for Jose Mourinho.To those who don’t know, both managers actually shared time together as player and assistant manager at FC Barcelona during the Bobby Robson days and they actually became very good friends.The rivalry between them during the Spanish football may have gotten a little out of hand and distanced them a little, but neither of them forgot their roots.“Of course. I admire not just Jose, but all the managers — especially when they have tough problems,” he continued.“The situation in which Jose lives, I lived in for some period in the past myself. But I want to beat other managers, it is not necessary to be friends. When they suffer I know I will be in the same position sooner or later.”“We are both in a similar position in that the expectation on us is so high. “We either win or we fail, always. We have to win all the titles we play for.”“If you are stable and you know what you have to do, the success and the good games are always coming up. Always. Especially at the good clubs,” he concluded.Ronaldo humiliating an unrecognisable Guardiola and Mourinho pic.twitter.com/qcve2Cv6JS— Celebutante (@CeIebutante) November 10, 2018What do you think about the admiration that Pep Guardiola and Jose Mourinho feel for each other? Please share your opinion in the comment section down below.last_img read more