Denny’s Restaurant to open its doors in Aberdeen November 9th

On Sunday, Nov. 9, at 6 p.m., a new Denny’s will open its doors in Aberdeen (418 W. Heron Street), unveiling its all-new, locally-inspired design and diner menu with an all day celebration. To celebrate the opening of its newest location and thank the surrounding community for its support, Denny’s will offer games and prizes along with giveaways of some of the diner’s most beloved dishes all day on Wednesday, Nov. 19.

At Denny’s, America’s diner, everyone is always welcome – welcome to drop in 24/7, welcome to enjoy good food and great value, and now Denny’s welcomes local residents, guests and visitors to stop by its newest location in Aberdeen. Located at 418 W. Heron Street, the new diner will officially open its doors on Sunday, Nov. 9, at 6 p.m.

To celebrate the opening of its newest location and thank the surrounding community for its support, Denny’s will offer games and prizes along with giveaways of some of the diner’s most beloved dishes all day on Wednesday, Nov. 19. The first 100 guests to stop by the restaurant between 9 and 10 a.m. will receive a free Grand Slam breakfast, which includes two buttermilk pancakes, two eggs cooked to order, two bacon strips and two sausage links; the first 25 guests to dine with Denny’s from noon to 1 p.m. will get a free classic hamburger and fries and the first 25 guests from 6 p.m. onward will get a free dinner entrée.

“As America’s diner, Denny’s guests have come to our diners to sit back, relax and enjoy delicious, hearty meals for more than 60 years. We hope to bring that same sense of community to Aberdeen with this new restaurant,” said Denny’s district manager Prashant Sharan. “From breakfast any time to satisfying lunches and dinners, if hungry fans are in the mood for it, chances are we’re serving it.”

The new diner will have a significant impact on the Aberdeen community by creating more than 50 jobs for local residents and is conveniently situated at the corner of West Heron and South Jefferson Streets, next to the L&I Department and near the Safeway.  Denny’s is also known for providing its customers with tremendous value, including these great deals:

  • $2 $4 $6 $8 Value Menu® – Denny’s all day, every day value menu lets guests choose from 16 dishes at affordable prices, including traditional favorites as well as several new a la carte items.

 

  • Kids Eat Free – Guests can receive up to two free kids meal for children ages 10 and under with the purchase of each adult entrée. The offer is good from 4 to 10 p.m. on Tuesdays, and menu items and prices may vary.

 

  • “Fit Fare” – Delicious choices that are good for you, too.  Denny’s “Fit Fare” options feature healthy choices like egg whites and hearty wheat breads that can be substituted into any meal for no extra charge. Using the expansive Build Your Own Grand Slam® menu, diners have more than 250 ways to build a meal with 550 calories or less, and 32 ways to build a meal of 400 calories or less. With plenty of simple substitutions and healthy “Fit Fare” entrees found throughout the lunch and dinner menu, Denny’s makes it easy for you to eat well on the go.

 

  • Free Birthday Grand Slam®– Celebrate your special day with a free Original Grand Slam® meal at participating Denny’s restaurants. The Original Grand Slam® offer is free for the birthday guy or gal who can show proof that it’s their birthday, and is good for dine-in only.

 

  • AARP Members Save 15 Percent – Show your AARP membership card at participating Denny’s restaurants and save 15 percent off your total check.

 

About Denny’s Corp.

Denny’s is one of America’s largest full-service family restaurant chains, currently operating more than 1,680 franchised, licensed and company-owned restaurants across the United States, Canada, Costa Rica, Mexico, Honduras, Guam, Puerto Rico and New Zealand. For further information on Denny’s, including news releases, please visit the Denny’s website at www.dennys.com.

 

Connect with Denny’s

For news and updates on Denny’s please visit the brand’s social channels via Facebook, Twitter, Tumblr, Pinterest or Youtube.

Invenergy completes purchase of 620 Megawatt power plant in Grays Harbor

Invenergy Development Company, LLC announced the successful refinancing of its 620 MW Grays Harbor Energy Center (“Grays Harbor”), a natural gas-fueled power generation project in Elma, Washington.

The plant began commercial operations in 2008, approximately thirty miles west of Olympia, in Grays Harbor County. The facility consists of two gas-fired GE Frame 7FA combustion turbines and one GE steam turbine generator operating in combined-cycle mode with duct firing.

GE Energy Financial Services – through GE Capital Markets, Inc. acted as Book Runner and Joint Lead Arranger for the transaction. CoBank also served as Joint Lead Arranger. In addition, BNP Paribas and Union Bank are providing financing in connection with this transaction.

Invenergy Development Company LLC is a joint venture between Invenergy Thermal LLC, an affiliate of Invenergy LLC (“Invenergy”), and Stark Investments, a global alternative investment firm.

About Invenergy  – www.InvenergyLLC.com

Invenergy and its affiliated companies develop, own and operate large-scale renewable and other clean energy generation facilities in North America and Europe. Invenergy (invenergyllc.com) is committed to clean power alternatives and continued innovation in electricity generation. Invenergy’s home office is located in Chicago and it has regional development offices throughout the United States and in Canada, Mexico, Japan, and Europe.

Invenergy and its affiliated companies have developed more than 8,000 MW of clean energy projects that are in operation, in construction, or under contract, including 65 wind, solar, and natural gas power facilities.

California Firm Recalls Grilled Chicken Salad Products Due To Possible E. Coli O157:H7 Contamination

The products were produced between Sept. 23 and Nov. 6, 2013 and shipped to distributions centers intended for retail sale in Arizona, California, Nevada, New Mexico, Oregon, Texas, Utah and Washington. When available, the retail distribution list(s) will be posted on the FSIS website at www.fsis.usda.gov/recalls.

FSIS began monitoring a cluster of E. coli O157:H7 illnesses on Oct. 29, 2013 then was notified by FDA on Nov. 6, 2013 that California authorities had reported case-patients consuming pre-packaged salads with grilled chicken. Working in conjunction with the Centers for Disease Control and Prevention (CDC), FDA, the California Department of Public Health, the Washington State Department of Health, and the Arizona Department of Health Services, FSIS has determined that there is a link between the grilled chicken salads and the illness cluster. Twenty-six case-patients have been identified in three states with indistinguishable E. coli O157:H7 PFGE (genetic fingerprint) patterns with illness onset dates ranging from Sept 29, 2013 to Oct. 26, 2013. Based on epidemiological information, 15 case-patients reported consumption of ready-to-eat pre-packaged salads prior to illness onset. A traceback investigation determined Glass Onion Catering was the supplier of the products implicated in the outbreak.  

While uncommon to find E. coli O157:H7 in a poultry product, FSIS will continue its investigation in conjunction with the FDA to identify the source of the contamination. FSIS continues to work with the CDC, FDA and state public health partners on this investigation and will provide updated information as it becomes available.

 E. coli O157:H7 is a potentially deadly bacterium that can cause dehydration, bloody diarrhea and abdominal cramps 2–8 days (3–4 days, on average) after exposure the organism. While most people recover within a week, some develop a type of kidney failure called hemolytic uremic syndrome (HUS). This condition can occur among persons of any age but is most common in children under 5-years old and older adults. It is marked by easy bruising, pallor, and decreased urine output. Persons who experience these symptoms should seek emergency medical care immediately.

FSIS routinely conducts recall effectiveness checks to verify recalling firms notify their customers of the recall and that steps are taken to make certain that the product is no longer available to consumers.
 
 FSIS and the company are concerned that some products may be in a consumer’s refrigerators. Because this is a ready-to-eat product, FSIS advises all consumers to destroy the product.

Media and consumers with questions regarding the recall can contact Tom Atherstone, company president, at (510) 236-8905.
 
Consumers with food safety questions can “Ask Karen,” the FSIS virtual representative available 24 hours a day at AskKaren.gov or via smartphone at m.askkaren.gov. The toll-free USDA Meat and Poultry Hotline 1-888-MPHotline (1-888-674-6854) is available in English and Spanish and can be reached from l0 a.m. to 4 p.m. (Eastern Time) Monday through Friday. Recorded food safety messages are available 24 hours a day. The online Electronic Consumer Complaint Monitoring System can be accessed 24 hours a day at: http://www.fsis.usda.gov/reportproblem.

Workers laid off from Brown-Minneapolis Tank in Elma

Elma, Wash. – Less than a week after offering tours during Showcase Grays Harbor, Brown Minneapolis Tank plans to layoff just under 50 employees from their Western Washington location.
Co-manager of the local Worksource Grays Harbor office, Ron Schmidt tells us “We were notified that Brown-Minneapolis Tank will be closing at the Satsop Business Park.” A rapid response meeting will be held for former employees on October 2nd at 10am and 2pm across the street from the facility. Schmidt added “to insure that employees know more about their unemployment insurance as well as some of the other benefits that will be custom for them.”
Human Resources Manager Debbie Eggleston said from the BMT corporate office that they could not comment at this time. The company has locations in Ohio, New Mexico, and Canada as well as the former turbine building of the defunct Satsop power plant.

Pasha Automotive and Port of Grays Harbor complete paving project

John Pasha, Senior Vice President, Pasha Automotive Services, says, “Development at Grays is driving at a fierce pace. We now have a perfect entrée for Mexico short sea and landbridge imports, as well as a unique platform to expedite Ro-Ro exports and imports through the Pacific Northwest.”

Pasha further notes that employment has also grown exponentially. “We have added two I-CAR certified paint technicians and 12 experienced accessory installers to its local labor force roster. Over 140 employees provide a variety of skills from rail unloading to full body shop and accessory programs.” A partnership with Grays Harbor College, which boasts a first class automotive technical training center, has led to ‘on terminal training’ for local apprentices.

Founded in 1911, the Port of Grays Harbor is one of Washington State’s oldest port districts and Washington’s only deep-water port located directly on the Pacific Ocean. Strategically located midway between Seattle and Portland and less than 1 ½ hours from open sea, the Port of Grays Harbor provides businesses a diverse portfolio of facilities. More information on the Port of Grays Harbor’s facilities and operations is available at portofgraysharbor.com.

As part of The Pasha Group, Pasha Automotive Services provides seamless automotive transportation solutions throughout North America with state-of-the-art port, distribution, and service facilities. Pasha meets a full range of distribution solutions for manufacturers of new vehicles and shippers of pre-owned vehicles. The Pasha Group, founded in 1947, is a global logistics and transportation services company providing total supply-chain management for finished and privately owned vehicles, marine terminal management and stevedoring, relocation services for the government and military members, and international logistics management for general commodity/project cargos. For more information, please visit pashagroup.com.

Murray, Cantwell Unveil Legislation to Support American Ports

Senator Cantwell and I have worked with small and large ports here in Washington state, the business community, and labor leaders to write the Maritime Goods Movement Act – which will make desperately needed improvements to the laws that impact ports of all sizes and business large and small – exporters and importers,” Senator Murray said. “This legislation will change the Harbor Maintenance Tax to give shippers new incentives to move their goods through American ports – particularly those in the Pacific Northwest.”

 

“I will continue to work with Senator Murray and my west coast colleagues on a solution that gives our ports relief and keeps us competitive,” said Senator Cantwell. “We know that Washington state goods and products are in high demand all over the world — from apples to airplanes to software. Fixing the H-M-T is about giving businesses and workers in our trade economy tools to succeed in a global marketplace. Because we know that if the playing field is level, Washington’s state ports and products will win out.”

 

More about the Maritime Goods Movement Act for the 21st Century HERE.

 

 

Senator Murray’s remarks, as prepared:

 

Thank you all for being here today.

 

“I’d like to start by thanking my colleague and partner in the U.S. Senate, Maria Cantwell, Tay Yoshitani from the Port of Seattle, John Wolfe from the Port of Tacoma, Dan McKisson from the ILWU, Port of Seattle commissioners Stephanie Bowman, John Creighton, and Courtney Gregoire, Port of Tacoma commissioners Don Mayer and Connie Bacon, Grays Harbor Port Commissioner Jack Thompson and Snohomish County Councilman Dave Gossett.

 

“Thank you all for your support on this important issue.

 

“And I’m thrilled to be here at one of our city’s beautiful piers to talk about the importance of our ports and the trade economy that’s supported our region for generations.

 

“As all of you know, Washington is the most trade-dependent state in our country…in fact, one in three jobs in Washington state is tied to international trade.

 

“And every day, millions of dollars in goods move through our state’s ports: bringing in products from every corner of the globe and shipping out goods manufactured or grown here in the Pacific Northwest.

 

“But we’re here today because some of the laws we have in place – specifically the Harbor Maintenance Tax – are actually hurting our ports and holding our economy back.

 

“Currently – the Harbor Maintenance Tax is diverting US-bound sea cargo, which should enter our country through the Port of Seattle, the Port of Tacoma, or other ports along our shores…

 

“Instead, shippers have decided it’s more cost-efficient to send those US-bound goods to Canada and Mexico first – only to ship them to the United States by truck or rail.

 

“That means fewer cargo containers coming into our ports. It means less work for longshoreman and pilots. And it means we can’t make investments in infrastructure that our ports need to be state-of-the-art and competitive.

 

“If that’s not a perfect example of an outdated law, I don’t know what is.

 

“So that’s why Senator Cantwell and I have worked with small and large ports here in Washington state, the business community, and labor leaders to write the Maritime Goods Movement Act – which will make desperately needed improvements to the laws that impact ports of all sizes and business large and small – exporters and importers.

 

“This legislation will change the Harbor Maintenance Tax to give shippers new incentives to move their goods through American ports – particularly those in the Pacific Northwest.

 

“And it will double the amount of funds we can use to re-invest in our ports each year to keep them competitive in the global marketplace…including remote and low-use ports that need our support.

 

“We’ll be introducing this new legislation when the Senate returns to session in September and we couldn’t have done it without the support of all the people here today.

 

“I also want to thank our colleague in the House of Representatives, Jim McDermott, who’s worked closely with us on this issue – we’ll need his support to get this passed through the House.

 

“So, thank you again for being here today, and now, I’d like to introduce my partner in the United States Senate, Maria Cantwell.”

 

 

Senator Cantwell’s remarks, as prepared:

 

“Thank you.

 

“I’d like to thank Senator Murray for that introduction.

 

“I’ve been proud to work with Senator Murray to further the growth of Washington’s ports.

Looking across the water here gives you a clear picture of why the ports of Seattle and Tacoma support 200,000 jobs.

 

“You can literally watch Washington’s trade economy in motion at the Port of Seattle – or the Port of Tacoma.

 

“When it comes to Washington state’s economy, ports are us. More than 1 in 3 Washington jobs are tied to trade. That’s why Senator Murray and I have worked to invest in Washington ports and the millions of jobs that depend on them.

 

“And we’ve made some significant progress in investing in our port infrastructure.

 

“One year ago – here at the Port of Seattle – I joined Transportation Secretary Ray LaHood to announce a new national initiative for smarter freight planning.

 

“We are now on our way to developing America’s first comprehensive freight strategic plan. And that’s good news for ports in Washington state.

 

“But even with this progress, Washington state ports face major challenges.

 

“The Asia-Pacific market is growing. And Canada and Mexico are making major investments to capture more of that market.

 

“Today, we’re here to announce a step forward to make sure American ports can compete on a level playing field.

 

“The time to fix our Harbor Maintenance Tax (H-M-T) is now.

 

“Currently the H-M-T makes it harder for our ports to compete with Prince Rupert to the North – or the Port of Lazaro Cardenas to the South.

 

“The threat is real.  The Federal Maritime Commission found that up to 27 percent of container volume moving through West Coast ports is at risk of diverting to Prince Rupert. 

 

“Here in the Puget Sound, that cargo diversion threatens the employment of about 10,000 American workers.

 

“In fact, diversion of 10,000 containers from our ports in the Puget Sound could:

•           Cost businesses $1.3 billion

•           Reduce income for workers by $833 million

•           Cut local purchases by $192 million

•           And slash state and local taxes by $75 million

 

“That’s why Senator Murray and I are introducing this bill to fix our broken system. The inequality for our ports needs to end.

 

“I recently sent a letter to the chairman of the Finance Committee and stated that H-M-T reform must be included in any tax reform bill.

 

“I will continue to work with Senator Murray and my west coast colleagues on any solution that gives our ports relief and keeps us competitive.

 

“We know that Washington state goods and products are in high demand all over the world — from apples to airplanes to software.

 

“Fixing the H-M-T is about giving businesses and workers in our trade economy tools to succeed in a global marketplace.

 

“Because we know that if the playing field is level, Washington’s state ports and products will win out.

 

“West Coast deep-water ports like Seattle and Tacoma don’t need the same maintenance as shallow-water ports.

 

“So while Seattle and Tacoma generate 7 percent of the funds for the H-M-T, they only receive a penny for every dollar collected.

 

“Shippers are also moving goods through fast-growing ports in Mexico and Canada to avoid paying the H-M-T.

 

“Our legislation would fix the H-M-T with a user fee that would apply to all points of entry for U.S.-bound cargo.

 

“This would level the playing field for our ports and protect our jobs here in Washington.

 

“Trade affects all corners of our economy. And Washington’s ports are the heart of our trade economy.

 

“We’re ready to hit the ground running with our bill when we get back to DC in September.

 

“Because when it comes to shipping goods, Washington ports and Washington workers get the job done. And when we compete on a level playing field, we won’t lose.

 

“Thank you all for coming today.”

Hoquiam Farmer’s Market News – Spooner Strawberry Edition

You can walk right past those supermarket displays of their Mexico and California imported berries that were picked green and then sprayed to resemble a ripe strawberry. Don’t even bother with those, wait for the real deal. This is akin to being patient, knowing with certainty that True Love is about to come into your life. The best things are always worth the wait!
And- we sell Spooner’s Strawberries for the same price at the Farmer’s Market as at the Spooner’s stand, a bonus for us west-enders who don’t want to travel to the big city.
Learn to shrug off the little things. Like fake strawberries. Don’t waste your time, money, or energy on things that don’t last or don’t leave you with a lingering precious memory.
I carry a card in my wallet with these three simple words; It Doesn’t Matter.
It’s bent and creased with age, but it remains a powerful tool in my weaponry against stress. Think about it a bit- what really does matter? Not the little annoyances and petty frustrations of life. Not what someone else may think about you, not whether the bridge going up caused you to be ten minutes late, not even that your hands slipped and a watermelon exploded on the floor. It Doesn’t Matter.
In the Great Scheme of Things, It Doesn’t Matter almost always wins out.
The worst argument that Joe and I ever had was about ferns. I know, I know. Didn’t have the card out of my wallet that day. Of all the silly things to disagree about- identification of a Deer Fern! It makes me feel ashamed and stupid just thinking about it. Now, I understand that there are superhuman people out there who are able to take a deep, calming breath each time that they start feeling a trifle bit testy, but most of us aren’t that restrained. In the heat of the moment our self righteous indignation arises and words come flowing out.
My parents were both extremely strong willed people with excellent vocabularies and a determination to stand up for what they believed in. In other words, a recipe for trouble. Luckily, they were deeply in love, respected each other, and regretted any harsh words spoken within moments of having uttered them. So they came up with a solution, and I can attest to the fact that it worked like a charm. My father planted a Tether Ball pole directly beyond the back door of the house. Never was a Tether Ball so abused! My mother was the more quick tempered one, but the agreement was that if one person was upset, both went to the TB pole. Politics, religion, child rearing, leaving the toilet seat up, staying too late at a party, reading at the table- eyes locked on each other they strode out and slapped that tether ball around until their frustrations turned into fits of laughter. I recall waking up in the night many times to the sound of the chain clanking on the pole and the thud of a fist sending a ball at magnum force whipping toward the target. It didn’t matter what the weather was, they’d both be too heated to bother with putting on a coat. There were times when the grass turned into a muddy pit and sooner or later someone was going to slip and fall. Sopping wet, covered with mud, panting-It Didn’t Matter. What mattered was reaching the point when they realized that It Doesn’t Matter.
I think that Tether Ball sets should be standard issue equipment. Congress should have a huge Tether Ball court. An impartial observer could have the authority to flip a switch, and start playing the theme from Rocky. Combatants would be instructed to go bang the ball around for a while. Perhaps sanity might ensue!
There are big issues that do matter. Save your strength for those, don’t waste it on minor irritating trifles. When the things that really matter need to be protected, you will know. Meanwhile, get yourself a Tether Ball Pole. Or chop a cord of wood. Figure out a way to release and tame the poison of frustration and anger.
Oops! The cat just threw up another hairball on the white carpet! Deep breath now- It Doesn’t Matter!
Barbara Bennett Parsons, manager of the Grays Harbor Farmers Market in Hoquiam. Considering a tatoo- It Doesn’t Matter! 538-9747
Open Tuesday thru Sunday at 1958 Riverside in Hoquiam
Deidra’s Deli is open 7 days a week! 538-5880

New Education Resource For Grays Harbor and Pacific County’s Aspiring Teachers Comes Online

Under this degree option, students will take a two-year program offered at GHC and then enter CityU’s two-year Bachelor of Arts in Education program. They also will qualify to earn a teacher certification with an emphasis in Special Education, Elementary Education, Math, English Language Learners (ELL) or Reading and Literacy. Both single and dual endorsements are available in these emphasis areas, which are listed on CityU’s Bachelor of Arts in Education web page. Students also may take advantage of CityU’s convenient course schedule.

 

“Students living in Grays Harbor and Pacific counties should not have limited choices for their education because of our geographical location. Grays Harbor College is pleased to partner with CityU to offer the Bachelor of Arts in Education. Now our students can dream big and consider this excellent teaching degree program offered through our campus, close to home,” said GHC President Ed Brewster.

 

Currently, the Bachelor of Arts in Education degree is offered at CityU’s Bellevue, Everett, Tacoma, Vancouver, Port Angeles, Centralia and Longview sites. Several spaces are still available in GHC’s first CityU cohort group. For more information, please contact Jeff Snell, CityU Advisor at GHC, at j4442@cityu.edu.

 

The ASOE was the state’s fourth largest provider of teacher certificates during the 2008-09 academic year, according to the state Office of the Superintendent of Public Instruction (OSPI). CityU also was the largest and top provider of graduates with principal and program administrator certification and school counselor certification. For more information on CityU’s education programs, please visit www.cityu.edu/teacher.

 

 

About City University of Seattle

Founded in 1973 in Seattle, Washington, City University of Seattle is a private, not-for-profit university that has awarded over 45,000 degrees and certificates worldwide. City University of Seattle’s goal is to change lives for good by offering high quality and relevant online and in-class education options to any person in the world with a desire to learn. The university is comprised of The School of Management, The Gordon Albright School of Education, and The Division of Arts and Sciences. Headquartered in the Pacific Northwest, City University of Seattle offers classes at locations throughout Washington, Hawaii, Australia, Canada, Mexico, Slovakia, Greece, Bulgaria, Romania, the Czech Republic, and China.

Memory chip makers will pay $173 million for price-fixing

The Washington Attorney General’s Antitrust Division served on the executive committee that litigated the case. The settlement resolves a 2006 lawsuit that attorneys general filed in U.S. District Court in San Francisco. The suit alleges that consumers and state agencies who bought electronics containing DRAM paid higher prices from 1998 to 2002 as a result of price-fixing by six companies: Elpida, Hynix, Infineon, Micron, Mosel Vitelic and NEC.

The suit grew out of a coordinated, multistate investigation that began in 2004, as well as a federal investigation that exposed a scheme where DRAM manufacturers profited at the expense of consumers by trimming production in order to artificially raise prices.

Several companies and executives pleaded guilty to criminal price-fixing actions brought by the U.S. Department of Justice.

The defendants in the states’ case have tentatively agreed to pay $173 million to the 33 states and to private plaintiffs, refrain from illegal price-fixing and conduct employee training.

The settlement will provide restitution on behalf of consumers, including some government purchasers. A portion of the funds will reimburse litigation expenses and costs. The federal court must approve the settlement and distribution plan.

Washington state’s share of the settlement will be determined according to an allocation process established by the court.

A separate class-action suit resulted in the companies paying nearly $326 million to computer manufacturers that purchased DRAM directly. The European Commission also reached settlements with some of the companies resulting in $410 million in fines.

In 2007, Samsung settled its case with Washington and other states for $90 million. The states also brought actions against other manufacturers; those cases are still pending.

The following states participated in the settlement: Arizona, Arkansas, California, Colorado, Florida, Hawaii, Idaho, Illinois, Iowa, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Mexico, New York, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Virginia, Washington, West Virginia and Wisconsin.

Westway Group, Inc. Announces First Quarter 2010 Results Increased 34%

First quarter of 2010, highlights:

Completed a 5.6 million gallon expansion of our Port Allen terminal located adjacent to Baton Rouge, Louisiana, which will go into service during the second quarter of 2010.
Experienced first full quarter results of our Cincinnati facility and our Grays Harbor, Washington facility.

Peter Harding, CEO, stated, “We are pleased with the overall results of Westway in the first quarter of 2010. During this period, we have seen the benefits of our investments in 2009 in greenfield expansions and acquisitions that are reflective of the vision and opportunities we expect for our company. We have grown in both footprint and performance. Evidencing these achievements are a 34% increase in Adjusted EBITDA and an increase of 22.5% in storage capacity, respectively, over the same period in 2009. As a whole, we are excited about the first quarter results, which we believe are demonstrative of management’s commitment to improving long-term performance and shareholder value.”

Mr. Harding additionally commented, “The recent BP oil spill in the Gulf of Mexico has not had an impact on our business, and we do not believe it is likely to have a material effect on our business in the future.”

1st Quarter 2010 Actual Compared to 1st Quarter 2009 Pro Forma

The results for the 3-month period ended March 31, 2010 reflect actual results, and are in each case compared to pro forma results for the same period in 2009. The pro forma figures are calculated as though we had acquired the bulk liquid storage and liquid feed supplements businesses of the ED&F Man group on January 1, 2009, rather than May 28, 2009, with certain adjustments, as described in our recent 10-Q.

Overview of Operating Business Segments

Bulk Liquid Storage

First quarter of 2010, revenues increased $4.9 million to $22.9 million, up 27% as compared to the pro forma results for the three months ended March 31, 2009. This improvement is primarily attributable to the acquisition of our Cincinnati Terminal in mid-October 2009, the expansion of our Houston facility during 2009, and the completion of our Gray’s Harbor Washington facility, which began operations in December 2009.
Adjusted Gross Profit increased $3.8 million to $14.0 million, up 37%.
Adjusted Gross Profit Margin increased from 56.7% to 61.1%.
The contribution to Adjusted EBITDA from bulk liquid storage increased $4.6 million to $12.0 million, up 63% compared to the prior year pro forma first quarter results.

Liquid Feed Supplements

First quarter of 2010, revenues decreased by $9.6 million to $65.4 million, or 13%, as compared to the pro forma results for the three months ended March 31, 2009. This decrease in net revenue was driven by a decrease in volume for the first quarter of 2010 of 7% to 416,000 tons, compared to 445,000 tons for the first quarter of 2009 as a recent consequence of liquid feed supplement products being marginally less competitive compared to dry feed products.
Adjusted Gross Profit increased by $0.3 million to $7.7 million, or 5%.
Adjusted Gross Profit Margin increased from 9.9% to 11.9%.
The contribution to Adjusted EBITDA from liquid feed supplements increased $1.2 million to $5.1 million, up 30%.
The increases in our Adjusted Gross Profit and Adjusted EBITDA were primarily due to effective implementation of new marketing initiatives with greater focus on value-added products in place of commodity-based products. In addition, we have been successful in reducing our raw material costs as market conditions allowed.

Consolidated Results

First quarter 2010, consolidated Adjusted EBITDA for Westway Group Inc. totaled $13.1 million compared to $9.8 million for the pro forma results for the three months ended March 31, 2009.
Revenues decreased by $4.7 million to $88.3 million, or 5%, as compared to the same period in the prior year on a pro forma basis primarily due to a decline in the liquid feed supplement volume.
Adjusted Gross Profit increased by $4.1 million to $21.7 million, up 23%.
Adjusted gross profit margin increased from 18.9% to 24.6%.

   

(Actual)

3 Months Ended March 31, 2010


(Pro Forma)

3 Months Ended March 31, 2009

 


Bulk Liquid Storage


Liquid Feed Supplement


Consolidated (5)


Bulk Liquid Storage


Liquid Feed Supplement


Consolidated (5)

 













 

Revenue


$22,901


$65,381


$88,282


$17,985


$75,029


$93,014

 

Adjusted Gross Profit (4)


13,992


7,749


21,687


10,202


7,413


17,615

 

Adjusted Gross Profit Margin (6)


61.10%


11.85%


24.57%


56.73%


9.88%


18.94%

 

Adjusted EBITDA (1) (3)


12,028


5,083


13,060


7,396


3,909


9,767

 

Earnings Per Share – Basic (2)


-


-


$0.05


-


-


$0.04

 

Earnings Per Share – Diluted (2)


-


-


$0.05


-


-


$0.04

 
                         

Business Drivers

Bulk Liquid Storage

In the liquid storage business, the primary drivers of performance are total capacity, capacity utilization, rates, and throughput.  Our total capacity increased from approximately 289 million gallons on March 31, 2009 to approximately 354 million gallons as of March 31, 2010, and our capacity utilization was consistently high at 94% and 95%, respectively.  We utilize long-term contractual arrangements in our bulk liquid storage business, which include annual CPI adjustments.  Our performance is also sensitive to the molasses throughput of ED&F Man, our primary customer and one of the largest molasses traders in the world.    

Liquid Feed Supplements  

The primary drivers of performance for the liquid feed supplement business are tonnage sold and margins earned.  We did experience a decline in tonnage to 416,000 tons for the three-month period ended March 31, 2010 compared to 445,000 tons for the same period in 2009.  Adjusted Gross Profit Margin increased from 9.9% to 11.9%.  The increase in our Adjusted Gross Profit and Adjusted EBITDA are primarily due to effective implementation of new marketing initiatives with greater focus on value-added products in place of commodity-based products.  Additionally, raw material costs were reduced as feed ingredient prices declined during the quarter.  Factors affecting these drivers are general economic conditions in the dairy and cattle industries, as well as weather conditions and the relative price of liquid ingredients.    

Peter Harding further commented, “We are continuing to pursue new business opportunities which will expand our footprint and the Westway brand on a global basis.  The demand for liquid storage remains healthy, and we are continuing to gain new customers in this business.  Ingredient costs for liquid feed supplements declined over the last quarter and continuation of this trend would be a long-term benefit for the future profit performance of this business.”

2010 First Quarter Results Conference Call

The company has scheduled a conference call following this earnings release on Tuesday, May 11, 2010, at 10:30 a.m., Central Time, 11:30 a.m., Eastern Time.  During the call, the company’s Chief Executive Officer, Peter Harding, and Chief Financial Officer, Thomas Masilla, will discuss Westway’s financial results.  Financial information referenced during the conference call will be posted to the "Investor Relations" section of the company’s website, http://www.westway.com.

To participate in the conference call, dial (408) 774-4004 or (877) 312-9404 and provide conference identification code 73229682.  The Company intends to have a playback available for seven days following the conference call, which may be accessed by calling (706) 645-9291 or (800) 642-1687 and providing conference identification code 73229682.  Thereafter, a playback will be available on the Company’s website at http://www.westway.com for three months following the conference call.

Forward-Looking Statements.  This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  We have based these forward-looking statements on our current expectations and projections about future events.  These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements.  In some cases, you can identify forward-looking statements by terminology such as "may," "should," "could," "would," "expect," "plan," "anticipate," "believe," "estimate," "continue," or the negative of such terms or other similar expressions.  Factors that might cause or contribute to such a discrepancy include, but are not limited to, those described in our form 10-Q filed today and other SEC filings.

About Westway Group, Inc.  Westway Group, Inc. ("Westway") is a leading provider of bulk liquid storage and related value-added services and a leading manufacturer and distributor of liquid animal feed supplements. Westway operates an extensive global network of 25 operating facilities providing approximately 354 million gallons of total bulk liquid storage shell capacity and 37 facilities producing approximately 1.6 million tons of liquid feed supplements annually. Our bulk liquid storage business is a global business with infrastructure that includes a network of terminals offering storage to manufacturers and consumers of agricultural and industrial liquids, located at key port and terminal locations throughout North America and in Western Europe and Asia. Our liquid feed supplements business produces liquid animal feed supplements that are sold directly to end users and feed manufacturers, primarily supplying the beef and dairy livestock industries.

For more information for periods ending March 31, 2010 and March 31, 2009, please refer to the company’s Form 10-Q, which is available on Westway’s website address at www.westway.com

Reconciliations:

   

(Actual)

3 Months Ended March 31, 2010


(Pro Forma)

3 Months Ended March 31, 2009

 


Bulk Liquid Storage


Liquid Feed Supplement


Consolidated (5)


Bulk Liquid Storage


Liquid Feed Supplement


Consolidated (5)

 













 

Net Revenue


$22,901