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Wednesday, July 13, 2011

Out of business...

Tri-Valley Biz Blog is no longer being updated. Please visit our other websites for local Tri-Valley business content:
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Sunday, July 10, 2011

Livermore senior housing facility sold

A Livermore senior housing facility has sold in a nearly $32 million transaction.

Rosewood Gardens Assisted Living sold, along with a Beverly Hills senior housing facility, for $31,925,000.

The Fenton Street property was built in 1974. It has 64 independent and assisted living units, not including the 18 additional units recently converted into a secured dementia wing.

AEW Capital Management sold the property to Watermark Retirement Communities, which will now manage a total of 27 properties, nine of which it owns. Watermark also owns three regional home health agencies.

CBRE Senior Housing Group represented AEW in the sale.

“Bidding was strong due to the strong southern and northern California locations, especially the Beverly Hills asset, which is irreplaceable and has tremendous barriers to entry,” David Rothschild of CBRE told Senior Housing News.

Saturday, July 2, 2011

Livermore obsolescence management company changes name

Livermore's GD California, Inc. has changed their name.

The computer hardware company will now be known as GDCA, Inc. They've also updated their website to reflect the change, with a new domain name of GDCA.com.

The "Obsolescence Management" company manufactures and distributes discontinued computer products for medical, industrial, military, commercial aircraft, semiconductor processing, and telecom industries both domestically and internationally.

GDCA, Inc. is a private company and employs several dozen on Portola Avenue.

Tuesday, July 13, 2010

LLNL teams up to help complete airline baggage and cargo explosives detection equipment

COVINGTON, Ky. and LIVERMORE, Calif., July 12 /PRNewswire-FirstCall/ -- Valley Forge Composite Technologies, Inc. (OTC:VLYF) (BULLETIN BOARD: VLYF) , Lawrence Livermore National Laboratory, and several Russian Institutes led by P.N. Lebedev Physical Institute (LPI) announced the completion of a collaborative Department of Energy (DOE) Global Initiative for Proliferation Prevention (GIPP) project to develop equipment and procedures for detecting explosive materials concealed in airline checked baggage and cargo.

Technical objectives of the project included the development and automation of the accelerator-detector complex for high efficiency detection of hidden explosives. Data acquisition and a photonuclear signature database were created. The system was operated and tested albeit on a limited sample size. A technique for the time analysis of signals from latent targets was developed and tested. This resulted in the positive identification of carbon and/or nitrogen. These techniques detected measurable decay from the radioisotopes formed upon irradiation.

This Cooperative Research And Development Agreement (CRADA) project was intended to address the objectives of the Border and Transportation Security Program (BTSP) and the Chemical and Biological National Security Program (CBNP) for LLNL's Homeland Security Organization in support of the Nuclear Non-proliferation Security Administration (NNSA).

"This was the culmination of a significant research and development effort that impacts several national and world security needs. This Advanced System we call THOR-LVX has the potential to be a technological breakthrough in detection capability and accuracy. Valley Forge was honored to work with some leading scientists of The United States of America and the Russian Federation on this project," said Louis Brothers, CEO Valley Forge.

About Valley Forge

Valley Forge Composite Technologies, Inc. develops, manufactures and distributes next-generation detection systems. Its THOR LVX(TM) system is designed to detect nuclear material, explosives and contraband hidden in cargo containers and baggage, even through shielding. VLYF is also marketing the ODIN(TM) personal screening system for use in airports, high-security buildings and border entry points. More information about Valley Forge Composite Technologies, Inc. can be found at www.vlyf.com.

Forward-Looking Statement

The Private Securities Litigation Reform Act of 1995 provides a 'safe harbor' for certain forward-looking statements. Statements in this press release that relate to Valley Forge Composite Technologies, Inc.'s future plans, objectives, expectations, performance, events, reports made by others, and the like, including a statement about the assumptions underlying a forward-looking statement, are forward-looking statements protected by the safe harbor. Investors should understand that future events, risks and uncertainties, individually or in the aggregate, are factors that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. These factors could include changes in economic conditions or government policies that may change the demand for the Company's products and services and could include other factors discussed in the sections of the Company's report on Form 10-K for the year ended December 31, 2009 as filed with the U.S. Securities and Exchange Commission, entitled 'Description of Business' or 'Management's Discussion and Analysis or Plan of Operation.' This release is comprised of interrelated information that must be interpreted in the context of all of the information provided and care should be exercised not to consider portions of this release out of context. Valley Forge Composite Technologies, Inc. uses paid services of investor relations organizations to promote the Company to the investment community. Investments in the Company should be considered speculative, and, prior to acquisition, should be thoroughly researched. Valley Forge Composite Technologies, Inc. does not intend to update these forward-looking statements prior to its reporting of its quarterly or annual results.

Bryan Kemper named CEO of TriPower

Livermore, CA, July 13, 2010 --(PR.com)-- TriPower today announced the appointment of Bryan Kemper as TriPower’s CEO effective immediately. Kemper replaces Seth Buechley who has accepted a role directing SOLiD Technologies U.S. operations.

Kemper joined TriPower in 2002. He has managed the growth of TriPower’s in-building coverage solutions including sales, design, engineering and integration. He has been instrumental in transitioning TriPower from a local technical services firm to one of the leading system integrators for Wireless Coverage systems. Most recently, Kemper served as TriPower’s COO. He has also been instrumental in developing TriPower’s Managed Services program which provides on-going system monitoring and repair services for DAS systems from most DAS equipment manufactures.

He has previously held sales engineering and product positions at companies including General Electric and Bell South.

TriPower increases customer efficiency and mobility by ensuring public safety radios, cellular phones and wireless voice and data networks work reliably indoors. The privately-held company plans, designs, installs, and provides post installation management services for complex in-building coverage solutions servicing from 50,000 square feet to over 10 million square feet. TriPower works with leading technology providers to provide an integrated suite of wireless connectivity solutions including wireless data, cellular telephony, public safety radio coverage, and other vital communications technologies important to productivity and safety. TriPower is strongly focused on the healthcare, public safety, public venue and hospitality vertical markets.

Tuesday, July 6, 2010

Simpson Manufacturing sells subsidiary

Pleasanton's Simpson Manufacturing Co., Inc, is selling it's subsidiary, Simpson Dura-Vent Company, Inc. M&G Holding B.V. will pay $20 million in cash "plus or minus the amount by which Simpson Dura-Vent's working capital balance at the closing (calculated as provided in the agreement) exceeds $23.5 million or is less than $22.5 million."

Simpson Dura-Vent designs, engineers and manufactures venting systems for gas and wood burning appliances. M&G, a Netherlands-based company, manufactures and distributes venting products for European markets.

The transaction is expected to close in September 2010.

San Ramon hotel offers Livermore Wine Country package

The Marriott in San Ramon is offering "an all-inclusive, five-hour excursion to four Livermore Valley wineries plus an overnight stay in comfortable accommodations for $473."

The Marriott says:
This charming package for two is available weekends until December 31, 2010 at http://www.marriott.com/OAKSR.


The natural isolation of the Livermore Valley has preserved the historic wineries, providing guests with a unique view of traditional winemaking. As part of the San Francisco Bay Area Wine Tour package, guests will access four wineries via a professional town car service arranged by the hotel. There are 40 wineries to choose from and the Livermore Valley Winegrowers Association website offers helpful descriptions: http://www.lvwine.org/growers.php

A romantic couple or just a couple of great friends can experience the best California attractions with one affordable hotel package. The San Ramon Marriott’s central location makes it a smart choice for those who would like to create a fun side trip to Napa Valley wineries or San Francisco attractions, as both cities are about an hour drive from the hotel.

The Livermore Valley wine tasting tour is only available on Fridays and Saturdays until December 31, 2010. The $473 package covers the cost of the wine tour for two, including all tips, taxes, and gratuities. Only a limited number of rooms are available for this promotion, so guests are encouraged to reserve their trips quickly.