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JUNE 2010
I nfrastructure M o n t h l y
Small businesses get credit boost from business typically range from $15,000 to repairs to her building in the wake of
new fund $300,000. Hurricane Katrina.
(ARA) - Despite signs of economic In addition, CDFIs often offer non-financial In coastal Maine, the owner of a specialty
recovery, many small business owners services, such as entrepreneurial education, seafood company was able to access
continue to struggle to borrow money to savings programs and financial literacy significant venture capital to expand the
sustain or grow their companies. This can training, which can help small business company's distribution nationwide, while
have a big impact on local communities, owners develop and grow their operations continuing to create jobs. In Austin, Texas,
which rely on small businesses to create and prepare the next generation of the owner of a small construction company
much-needed jobs and provide critical entrepreneurs for success. received a $40,000 loan to pay for materials
services. With many traditional credit and other up-front costs associated with the
sources continuing to keep a tight rein on "CDFIs are a critical economic lifeline to industry. In all these instances, the need for
lending, many small business owners simply small business owners, especially during affordable loans was met with speed and
do not have access to conventional means of periods of prolonged economic weakness," flexibility and was often accompanied by
credit. The good news is that small business says Bob Annibale, global director of Citi invaluable entrepreneurial education and
owners are increasingly able to access Microfinance and Community low-cost training as well as technical
alternative and innovative sources of Development. "In many cases, they can assistance in branding and marketing.
financing, including Community make the difference between whether or not
Development Financial Institutions a small business struggles to survive or Citi recently launched the Communities at
(CDFIs). expands and creates new jobs, supporting Work Fund, a new $200 million fund that
local economic growth and the community." will provide financing to CDFIs in urban
CDFIs, which were created more than 30 and rural areas in all 50 states. The fund was
years ago, provide affordable loans and While small business owners who work created in partnership with the Calvert
banking services in communities that are with CDFIs hail from a wide range of Foundation and the Opportunity Finance
underserved by traditional banks. These industries and geographies, they all share Network (OFN), two organizations expert in
institutions have developed valuable one thing in common: a need for quick CDFIs. To learn more about the
community and business expertise, designed financing that is not fully being met by Communities at Work fund or to find out if
specialized loan products and they have a traditional banks. For example, your small business can benefit from the
remarkable track record of success. CDFIs entrepreneurs in the heart of Big Sky program and how to apply, visit
loaned and invested more than $2.2 billion country in Montana received two CDFI www.communitiesatworkfund.com.
in fiscal year 2008. Since their inception, loans totaling more than $100,000 that
CDFIs have provided more than $22 billion enabled them to get their new lumber
in financing, supported more than 51,000 operation up and running, while the owner
small businesses
and helped create of a preschool in New Orleans borrowed
thousands of new jobs. CDFI loans to small money from a local CDFI to fund vital
INFRASTRUCTURE MONTHLY
JUNE 2010
The Right Hire Introduces Market Trends as Reported by Companies Around the
Industry
By Matt Plotkin
President, The Right Hire
I sincerely hope you've been enjoying Infrastructure Monthly. Every month we do our best to provide an
informative collection of articles to educate our audience. As a recruiter and business owner, I try to
keep my finger on the pulse of what's coming in the months ahead.
Lately, I've noticed an uptick in jobs within the Construction and Civil Engineering fields. It seems after
months of job losses, there arguably are better times ahead. In addition to writing pulitzer prize
winning articles, in the next couple of months I'm going to start a new section about industry trends.
As much as I talk to people in the industry everyday, both to companies and interviewing top talent,
one man alone cannot gage the entire industry as a whole. I'm asking for your assistance in this task,
and have put together a survey that will help us to better understand what's next for this industry. After
all, knowledge is power and that’s what we strive to give to you.
In addition to Infrastructure Monthly, you'll be receiving a survey every few months to help better
understand the trends within these markets. The survey will be short, the questions will be simple, and
it won’t take much time to fill out and email back. The more responses we get, the more accurately I
can report on these trends.
On behalf of the Infrastructure market, we thank you in advance for your participation.
Engineers Design Power Structures That Help Keep the "We're designing a structure based primarily on its deformation
Lights on ability rather than its strength," Rouse said.
ScienceDaily (May 13, 2010) — The metal poles that carry The result is a nominally rectangular pole with a built-in hinge
power lines across the country are built to take whatever blows at near the base. There are metal plates on either side of the hinge
them. So they're big and round and sturdy -- as much as 12 feet in that act as replaceable structural fuses -- they stretch and buckle
diameter and 100 feet high. when the pole sustains an extreme load, allowing it to deflect
while shielding the rest of the pole from damage. There are also
But transmission poles can still fail under the stress of extreme tendon cables running up and down the inside of the pole that
ice and wind. They could also be vulnerable to an infrastructure resist stretching and work to keep the pole upright. And so when
attack. And when one of them falls, others are pulled down until there's a failure, the fuses bend, the hinge pivots, the interior
heavy dead-end structures stop the cascading collapse. cables tighten and nearby poles are allowed to pick up some of
the load.
"There are long stretches of these transmission lines across the
countryside," said Jon "Matt" Rouse, an Iowa State University "If a structure can deform sufficiently, it can allow the rest of the
assistant professor of civil, construction and environmental system to use reserve strength from other structures," Rouse said.
engineering. "If you take down one of the poles, you take 10 "It allows the next pole down the line to share the load of ice,
miles of poles out with it. It's very important to protect these wind, a broken line or an attack, rather than forcing one pole to
structures." withstand the load on its own."
Rouse has worked with Casey Faber, a graduate student in civil Rouse and Faber have used support from Iowa State's Electric
engineering, to design a new kind of pole that not only resists Power Research Center to successfully test a prototype pole and
cascading failures, but is cheaper and easier to use. are working to secure a patent. They also say the utility and
power structure industries have expressed interest in their
Rouse and Faber have designed hinged poles that don't need a technology.
crane for installation, so they'd be easier to raise. If they're
exposed to an extreme load, they could be repaired rather than The time is right for better power structures, Rouse said.
replaced. They would resist cascading failures so utilities could
do away with the expensive dead-end structures. And, they would "The country is in the midst of a major shift toward wind power,"
allow power companies to provide better and more reliable he said. "We'll be building a lot of transmission lines over the
service. next 20 years. We really need to address these reliability and
security issues."
Rouse and Faber said the key was to take a new approach to
structural design.
INFRASTRUCTURE MONTHLY
JUNE 2010
111 PUBLIC TRANSIT AND AIR QUALITY PROJECTS which will increase light rail capacity and improve
RECEIVE $63.3 MILLION IN FUNDING service.
Sacramento
Sacramento – Caltrans today announced it has awarded
$63.3 million to fund 111 public transit and air quality • $5.5 million to Sacramento Area Council of
projects across California to upgrade transit service and Governments for Universal Fare Card
purchase eco-friendly buses. All of the funding comes from Implementation, a fully integrated regional transit
Proposition 1B, the 2006 transportation bond, which electronic fare collection system.
includes $3.6 billion to improve public transit in • $4.0 million to Sacramento Regional Transit toward
California. the construction of the South Line Phase 2 Light Rail
Extension, which will add four miles of light rail track
“When the voters passed Proposition 1B, they wanted action from Meadowview Station to Cosumnes River
and action is what they’re getting. Proposition 1B is paying College.
for vital transportation projects all over California,” said Central Valley
Governor Arnold Schwarzenegger. “Investing in our
infrastructure is strengthening our economy and creating jobs • $2.1 million to the city of Fresno/Fresno Area Express
when we need them most.” to build a facility to house paratransit equipment and
services. The project will consolidate multiple rented
Some of the more notable projects that were awarded facilities into one facility with money saved going to
Proposition 1B funding include: daily operations.
• $875,248 to the San Joaquin Regional Transit District
Bay Area (seven regional transit operators in the southern
Central Valley) to purchase eight buses and two transit
• $3.9 million to the Peninsula Corridor Joint Powers utility vehicles, build bus shelters, add trash bins, and
Authority for the Caltrain Positive Train Control make bus stops compliant with Americans With
System, which will help prevent train-to-train Disabilities Act standards.
collisions, derailments, and reduce the possibility of a • $353,674 to the Tulare County Association of
train moving on the wrong track. Governments for the expansion of a Compressed
• $1.3 million to the San Francisco Bay Area Rapid Natural Gas (CNG) fueling station in Visailia to
Transit District to provide partial funding for the support the conversion to an all-CNG fleet.
Warm Springs Extension Project that will add more Inland Empire
than five miles of new rail line and a new station south
of the existing Fremont Station. • $3.3 million to San Bernardino Associated
• $10.3 million to Santa Clara Valley Transportation Governments for the Metrolink Positive Train Control
Authority to replace and repair various segments of Project.
the light rail system and help purchase 70 hybrid • $870,637 to Riverside County Transportation
diesel/electric buses. Commission to add 500 parking spaces at the La
• $4.8 million to the San Francisco Municipal Sierra Metrolink station in Riverside and create a
Transportation Agency toward the repair of eight light transfer location for the Orange County Transportation
rail vehicles, construction of the Central Subway light Authority/Riverside Transit Agency commuter route
rail line and for high-speed connectivity and to Orange County.
communications upgrades. “These projects will reduce traffic congestion and
San Diego transportation-related pollution, improving our air quality and
bringing us another step closer to reaching our emissions-
• $1.59 million to the San Diego Association of reduction goals," said Caltrans Chief Deputy Director Cindy
Governments toward the purchase of 57 light rail McKim.
vehicles
for the Blue Line Light Rail Corridor Project,