Tuesday, October 27, 2015

Archimedia Solutions Group (ASG) Earns Three Awards in 2015

Press Release received this morning:


Archimedia Earns Three Awards for Innovation and Growth in 2015

Danvers, MA – October 27, 2015: Archimedia Solutions Group has been recognized as one of the “Best Entrepreneurial Companies in America” by Entrepreneur magazine’s Entrepreneur360TM Performance Index, a compilation of private U.S. companies most likely to achieve sustained growth and lasting success through innovation.

The award marks the third time this year Archimedia received public recognition for its continual success; the company was also included in annual rankings from the Boston Business Journal’s Pacesetters (#38 for the second consecutive year) and Inc. Magazine’s Inc. 5000 list (#76 in Massachusetts and #2631 in the United States) which assessed the fastest growing private companies.

Archimedia focuses exclusively on providing architects and engineers with On-Site Print Management solutions. Founded in 2006, the company is now a leader in its niche after a decade of rapid and continual growth in markets across the U.S.

“We are honored to receive three prominent awards for growth and innovation within a single calendar year,” said Mark DiPasquale, Archimedia’s co-founder. “We launched this company to provide architects and engineers with relevant services and exceptional customer service, and our ability to remain focused on those core goals has fueled our growth. We deliver a quantifiable value to our clients, and consistently exceed their expectations for service thanks to our outstanding team.”

“Mark and I created a business model that could scale easily, and designed our proprietary systems with growth and adaptability in mind,” said Jane Simmons, Archimedia’s co-founder. “Our service works seamlessly for A/E clients across multiple offices and geographic locations. The systems we have in place are very capable of handling the future growth we expect.”

The co-founders credit their employees, and the entrepreneurial culture they’ve fostered internally, as keys to their company’s success. “Our employees are empowered, and respond to client requests swiftly and nimbly,” added Simmons and DiPasquale.

About Archimedia

Archimedia Solutions Group was formed in 2006 by Mark DiPasquale and Jane Simmons as the only company exclusively dedicated to On -Site Print Management services for architects and engineers throughout the United States. Archimedia provides clients with cost recovery solutions, technical support, and exceptional customer service.

For more information email mDiPasquale@ArchimediaSG.com or visit www.ArchimediaSG.com

Related article in Entrepreneur Magazine:

Growing Against the Grain: Meet the Entrepreneur360 'Contrarians'

Thursday, October 15, 2015

Fed Beige Book: Commercial Real Estate Activity Appears to be Strong

This article was posted on the CalculatedRiskBlog on 10/14/2015 2:03:00 PM.  If you are truly interested in outstanding economics information and perspectives, signing up to receive e-mails from the CalculatedRiskBlog would be a very wise thing to do.  The CalculatedRiskBlog is outstanding.

Fed's Beige Book "Prepared at the Federal Reserve Bank of New York and based on information collected on or before October 5, 2015."

Reports from the twelve Federal Reserve Districts point to continued modest expansion in economic activity during the reporting period from mid-August through early October. The pace of growth was characterized as modest in the New York, Philadelphia, Cleveland, Atlanta, Chicago, and St. Louis Districts, while the Minneapolis, Dallas, and San Francisco Districts described growth as moderate. Boston and Richmond reported that activity increased. Kansas City, on the other hand, noted a slight decline in economic activity. Compared with the previous report, the pace of growth is said to have slowed in the Richmond and Chicago Districts. A number of Districts cite the strong dollar as restraining manufacturing activity as well as tourism spending. Business contacts across the nation were generally optimistic about the near-term outlook.

And on real estate:

Residential real estate activity has generally improved since the last report, with almost all Districts reporting rising prices and sales volume. One exception was the Chicago District, where prices and sales volume were generally steady. A number of Districts noted that the market for lower or moderately priced homes has outperformed the high end of the market. The inventory of available homes was reported to be low in the Boston, New York, Richmond, and St. Louis Districts; and San Francisco reported a shortage of available land in some areas. On the other hand, Philadelphia reported adequate inventories, and Dallas noted a fair amount of supply in the pipeline. Boston, New York, and Chicago indicated rising residential rents, while Minneapolis reported sharp declines in rents in energy-producing areas of North Dakota. Residential construction has been mixed but generally stronger in the latest reporting period, with multi-family outpacing single-family construction. Strong multi-family construction was highlighted in the New York, Cleveland, Richmond, and San Francisco Districts, while Atlanta reported strong residential construction generally. However, Minneapolis and Kansas City reported declines in new home construction. Philadelphia mentioned a lack of new construction, while Dallas reported that new construction has been restrained by labor shortages; Chicago indicated little change.

Commercial real estate markets have shown signs of strengthening in all twelve Districts. Most Districts noted improvement across all major segments, though New York and St. Louis noted some increased slack in the market for retail space. Commercial construction was also stronger in most Districts. Boston and St. Louis noted brisk construction in the health sector, including senior care facilities, and Cleveland also indicated strong demand for senior living structures. New York, on the other hand, noted some pullback in new commercial construction, though activity remained fairly brisk.