Business briefly Aug. 28

New alliance formed

at realty office

Chick James, owner of Realty Executives Nevada's Choice, announced the creation of a new alliance within the company.

Lori Jenkins and Katie Bawden are agents with Nevada's Choice, and have formed "The Producers."

Their combined energy and experience offers performance that collectively exceeds them individually and produces results on a higher level. Both are Certified Residential Specialists, Certified Distressed Property Experts, experienced in residential sale, commercial property sales, land and investment properties, water rights, subdivision consulting and procurements and tax-deferred exchanges.

Contact "The Producers" to find out how they have sold over $155 million of real estate while with Realty Executives Nevada's Choice. Contact them at Katie.Bawden@yahoo.com, (775) 690-3804, and LJenkins@pyramid.

net, (775) 720-9200.

Carson Tahoe Regional Healthcare earns rating increase

Carson Tahoe Regional Healthcare (CTRH) has earned a financial rating increase from "BBB" positive to "BBB+" stable from Standard and Poor's (S&P) Rating Service.

A Standard and Poor's Credit Profile issued on Aug. 2, cited "Carson Tahoe's solid business position in the primary service area, a good track record of operating results, sound balance sheet, and low average age of plant," as factors in the ratings increase.

According to the S&P Credit Profile, "a solid cash flow, resulting in good coverage of maximum annual debt service (MADS)," was also a factor in the rating increase.

The Credit Rating report goes on to say, "CTRH has posted very good financial results in fiscal years 2009 and 2010. Year-to-date performance continues to be strong. Management has focused on revenue growth, specifically with acquisitions and physician relations."

"Given the ongoing economic challenges across the nation, we are extremely pleased with our solid financial performance," said Ed Epperson, CTRH president and CEO. "A fiscally viable healthcare provider is important to our community. The upgrade from S&P is affirmation that Carson Tahoe's firm fiscal management has strengthened our financial position for the foreseeable future."

For more information about Carson Tahoe visit www.carsontahoe.com.

Nevada Premier Properties new addition

Sharon Swanson of Nevada Premier Properties introduced the most recent addition to her team, Barbara Smith.

Smith's past 25 years' experience gives her the diversity and knowledge that allows for a smooth and pleasant closing in a wide variety of transactions.

She has worked in many title companies over the years in the capacity of escrow officer, office manager, marketing representative, and most recently as short sale coordinator, allowing her the title industry background that is unfamiliar to most agents.

She now specializes in distressed properties.

Giving cost-free consultations and working with homeowners to determine their best alternative. She has CHS (Certified HAFA Specialist) certification, as well as countless classroom hours in short sale education.

Barbara can help with any residential real estate need. Contact her at (775) 671-0304 or email Barbara@nevadapremier.com.

Home prices down

Home prices in Reno in the second quarter were 10.7 percent below year-earlier figures, says the Federal Housing Finance Agency. Carson City's prices were 21.9 percent below last year's level. The agency uses sales as well as refinancings in its data.

- Northern Nevada Business Weekly

Business recognition dinner planned

Northern Nevada Development Authority will welcome new and expanded companies to the Sierra Region at the second annual Bubbles, BBQ & Business Recognition Dinner 5:30 p.m. Aug. 31 at the Supper Club at Genoa Lakes Golf & Country Club in Genoa.

This recognition dinner will showcase six expanded companies and 12 new companies that have relocated to the Sierra Region during the past year. Combined, these companies add more than 550 new jobs to the region, as well as an estimated 600 seasonal workers, with a first year economic impact of more than $60 million.

"The primary focus of the Bubbles, BBQ & Business Recognition Dinner program is networking," Rob Hooper, executive director of NNDA, said. "We want to introduce these new-to-the-region companies to our investors and community leaders while enjoying a relaxing social evening. It's all about welcoming and getting to know our new business residents and also saying thank you to those existing companies who experienced growth this past year. We believe connecting our investors and business community to celebrate this great economic news is vitally important."

New companies to the area to be recognized are: Benco Dental Supply - Storey County; BioFilm Management, Inc. - Douglas County; EMCO High Voltage Corporation - Douglas County; GSI Commerce Solutions - Storey County; Laco, Inc. - Washoe County; Nevada Copper Inc. - Lyon County; NO. NV. Laborers' Training Center - Storey County; Richmond Mining / Nevada Iron - Churchill County; Scougal Rubber Corporation - Storey County; SureFire LLC - Washoe County; Tech Spec - Douglas County; Toys "R" Us - Storey County.

Expanding businesses to be recognized are: Comstock Mining, Inc. - Lyon & Storey Counties; Continuum Packing Solutions - Douglas County; F&M Mafco - Lyon County; James Hardie - Storey County, North Sails Nevada - Douglas County; Rod Hall Events - Storey County

Cost for the recognition dinner is $60 per person. Tables are available for groups of 10. The event sold out last year, so advance registration is required by Aug. 26 by calling (775) 883-4413 or online at www.NNDA.org/events.aspx.

Additional information about NNDA and resources available for relocation and expansion as well as business assistance services may be found at www.nnda.org or by calling (775) 883-4413.

CAMPN to meet Sept. 7

The Carson Area Marketing & PR Network meets 5:30 p.m. Sept. 7 at the Business Resource Innovation Center (BRIC), 108 E. Proctor St. The meeting is open to public relations, marketing, and marketing communications professionals. New and prospective members are welcome. There is no cost to attend, but RSVP is required.

Veteran TV news anchor, reporter, producer, and media and political consultant Brent Boynton will speak on how the changing media landscape affects public relations and marketing professionals. Are news releases effective anymore or is social media the way to create good press? Brent will address the changing face of local news media and how to make the best impression in today's evolving media marketplace.

CAMPN is an association of professional marketers, marketing communicators, and public relations executives who gather monthly to network and share marketing and public relations resources, ideas and tips.

For more information, visit www.campn.org. Contact Christel Hall at (775) 267-9232 or Christel@prowrite-pr.com to RSVP.

Good Things Happening in Carson City! event scheduled

The Northern Nevada Development Authority, The Carson Nugget, and Coldwell Banker Commercial Premier Brokers present Good Things Happening in Carson City!, a breakfast meeting being hosted by the Carson Nugget, 507 N. Carson St., 7 a.m. Sept. 13.

The breakfast will highlight three speakers: Mayor Bob Crowell outlining the changes in Carson City and the health of commercial real estate in relation to the proposed City Center Project; Brad Bonkowski, certified commercial investment member, will discuss the 2011 Carson City state of the market and its impact on the community; and Steve Neighbors, trustee of the Mae B. Adams Trust, will present the latest information regarding the proposed City Center Project. On display will be the latest City Center Project redesigns and the newest conceptual renderings, and architects from the Reno firm H&K will be on hand.

Doors open at 7 a.m., buffet breakfast at 7:30, speakers at 7:40. Cost is $20 for NNDA investors and $35 for guests and those purchasing tickets at the door.

For more information contact the Northern Nevada Development Authority at (775) 883-4413 or email nnda@nnda.org.

Clarks Performance Center hosts grand opening

Clarks Performance Center will host an open house 7:30 a.m.-5:30 p.m. Sept. 1 at 4630 Highway 50 East with several grand opening specials.

Owner Caroline Clark said the shop offers auto repair for foreign and domestic vehicles, top-of-the-line diagnostic tools, and two certified mechanics, one with more than 30 years of experience.

The locally owned and operated business opened Monday and they stand by their motto: "We fix it right because that's what we do," Clark said.

"We're clean and friendly, too," she said.

Hours are 7:30 a.m.-5:30 p.m. Monday through Friday, and 8 a.m.-4 p.m. Saturday.

For more information, call 887-8807.