Crop-loss declaration expected

Published by the Commercial Appeal, Saturday, May 19, 2007

The director of USDA's Tennessee Farm Services Agency said Friday that he expects all 95 counties of the state sustained a 30 percent loss in at least one crop from a freak freeze in early April.

That means it's likely Agriculture Secretary Mike Johanns will eventually declare the statewide agriculture disaster that Gov. Phil Bredesen and Tennessee's congressional delegation have requested, making affected farmers eligible for low-interest loans.

Mississippi and Arkansas farmers were also victims of the unusually late cold snap.

The deadline for each Tennessee county to file a preliminary assessment of crop damage was Friday, and most, but not all, have been received, agency director Jamie H. Jenkins said.

He said some farmers are reporting that some part of the winter wheat crop that Jenkins and others had assumed would be a total loss this year can be harvested. The entire crop of fruit trees was devastated statewide and a lot of corn, burned when temperatures dipped into the 20s and teens the Saturday night before Easter, is being replanted.

Tactical earns ADDY

The Memphis advertising community is cheering the success of two of its own.

Tactical Magic won a gold ADDY in the national Ad Federation competition for a clever little business card it designed for sBox Storage, a division of Folk Investment.

The card, folded along scored lines, becomes a miniature storage box, sBox's whole reason for being in business. A judge at the district competition, where it took best of show for print work, called it brilliant.

"It's awesome. Tactical could have done what 95 percent of designers would have done, and the business card would be stuck in a wallet," said Curtis Smith, from Cramer-Krasselt, one of the 50 biggest marketing groups in the world.

Tactical also won silver ADDYs for work it did for Lunar Productions.

Memphis agency, Combustion, won a silver ADDY for its stationery design.

Realty big deal cited

Dan Wilkinson, chairman of Colliers, Wilkinson & Snowden, was recognized at an awards ceremony in Los Angeles by the Society of Industrial and Office Realtors in recognition of his achievement in Cooperative Transactions.

He won in the category of "Largest Dollar Volume Transaction Investment for the entire U.S." This was for the sale of the Memphis International Airport Center property.

In January, Falcon Real Estate Investment Co. LP, a New York-based real estate investment and advisory company, bought the MIAC portfolio for $37.1 million.

SIOR is an organization that certifies commercial real estate professionals with the SIOR designation, based on achievement, knowledge, accountability, and ethical standards.

"A house of brands is like a family, each needs a role and a relationship to others."
- Jeffrey Sinclair