The Montgomery Advertiser from Montgomery, Alabama • 5

montgomeryadvertiser.com Tuesday, July 3, 2007 5A pnrxn IS mm Correction A photograph accompanying a business story in Sunday's Montgomery Advertiser did not show the project described in the story. The photo should have been of the construction of McClinton and Company's High Point Town Center. STOCKS: 29.07 Dow Jones: 13,535.43 New York Gainers Stock Exchange: Losers 2,639 657 Builder's design may revitalize area 126.81 Nasdaq: 2,632.30 -Ml I il jji it 500: 1,519.43 16.08 1 i more to offer than just its appearance. He said the combination of separate offices and warehouse quarters at one site offers business owners a distinct advantage. "Owners have theft issues with working space and office space together," he said.

"I don't know if there is anything like it (the complex) in town." There certainly has been no ''Si i. i. -IT Mickey Welsh Advertiser Montgomery contractor Phillip Pouncey will move his office to a building he helped design on East Fifth Street. By Paul W. Sullivan pwsulllvanegannett.com Phillip Pouncey is putting up a $1 million office building in an Ann Street area that much of Montgomery's new development has passed by.

Pouncey said the investment already is paying off: a fellow contractor is set to move into a warehouse and offices, which feature wood pine floors and exposed trusses. That traditional look gives the building a feel that Pouncey said is reminiscent of downtown's riverfront development. Bringing the area the visual appeal of downtown's redevelopment is one way in which Pouncey also hopes to bring the sort of redevelopment downtown has enjoyed to parts of town that currently are being dismissed as bad investment. "There are a lot of places that people don't have a vision for what could be," he said. "There's a lot of potential in Montgomery in areas that look like they have no hope." Building a office and warehouse complex a couple of blocks from Zelda Road wasn't part of Pouncey's original plan.

He wanted to develop property on Troy Highway, but his focus changed during a Sunday afternoon drive home from church. While wrestling about where to follow through on his idea for a unique office building, he drove by an abandoned lawn equipment repair shop on Fifth Street. What Pouncey saw was not just the decaying structure, but what could replace it. He had been toying with an office complex design for a couple of years. Suddenly he knew his vision would unfold on two acres at 2449 E.

Fifth St. He purchased the land, demolished the repair shop and put his design to work. Much of the structure's features are borrowed from renovations near the riverfront, he said. Heart pine flooring was brought in from Georgia. Trusses were left exposed in the ceilings.

On the outside, Pouncey, who specializes in high-end residential and construction projects, said he wanted bricks that looked used, but that also would hold up. He found new bricks at Jenkins Brick Co. that give the building a decades-old appeal. recent investment like it in the neighborhood, according to a nearby business operator. Charlie Edwards, vice-president of Edwards Plumbing and Heating on Jean Street, said most of the area's recent changes have involved homes.

"Houses have given way to little offices and commercial businesses," he said. "(I) haven't seen anything in the scope of what he (Pouncey) has done." Edwards hopes the huge investment winds up supporting the commitment he made to keep his company in the area. "It's only going to be a plus to help keep crime down and property levels up, which is what everyone is after," he said. 3v "There are a lot of places that people don't have a vision for what could be. There's a lot of potential in Montgomery in areas that look like they have no hope.

Phillip Pouncey Nasdaq: Gainers 1,996 Losers 1,026 BUILDING FEATURES Separate office, warehouse space Common kitchen area Shared conference room Closets in offices Office space rent ranges from a month, with warehouse space at $900 a month Offices range from 150 square feet to 250 square feet; with warehouse space at 1,500 square feet Consists of eight offices, four warehouses Edwards also has plowed some money into the site that has been home to his business since 1964. Edwards added a warehouse in 2006. Another neighbor also welcomed Pouncey's commitment. Jim Gowan, who runs Go-wan Iron on East Fifth Street, said the development was a boost to the whole business district. "There hasn't been a whole lot happen in a good while on this street," he said.

"It will upgrade the neighborhood and make everything look better." And Pouncey may not be done. After explaining what makes the new building unique, Pouncey admired the huge trees providing shade nearby. He lives just a few minutes from where his new office will be located. That fact played a part in his decision. He anticipates more growth in the neighborhood he clearly favors.

"I'm a firm believer that new growth encourages more new growth," he said. "People have stopped and commented on the great new light in the neighborhood. Building something new and fresh can change the whole outlook in the area." r1 i A 4 5 M1 Contributed Contributed HMMA continued to make a number of cars bound for Canada. Last month the plant made 1,325 Sonatas and 2,589 Santa Fes for export to Canada. Cosby Woodruff I CALL YOUR SEGMENT THE RELATIVELY UNIMPORTANT" SEGMENT.

CATCHY. CPA Moreland gets promotion Aldridge Borden an accounting firm with offices in Montgomery, has promoted Jeremiah K. Moreland, CPA, to manager. Moreland practices in the attestation division, where he serves clients in real estate, construction, wholesale and retail sales and nonprofit health care. He is a graduate of Auburn Montgomery and is a member of the American Institute of Certified Public Accountants and the Alabama Society of CPAs.

Cosby Woodruff Millbrook florist has new Web site Millbrook's Houston Florist has announced the opening of a Web site that allows customers to order flowers any time from any computer. The site, www.myfsn.com houstonflorist, features holiday arrangements and flowers for any occasion. Houston Florist offers local and worldwide delivery, and daily deliveries to local funeral homes and hospitals. Cosby Woodruff Following are the AAA's average prices for a gallon of regular gasoline for the Montgomery metropolitan area, for Alabama, and for the United States. During the height of the vacation travel season, we will continue to run American Automobile Association updates on gas prices Tuesday through Saturday on the business page: CURRENT Montgomery Metro $2,847 Alabama $2,838 United States $2,957 MONTH AGO Montgomery Metro $3,024 Alabama $3,023 United States $3,173 YEAR AGO Montgomery Metro $2,766 Alabama $2,794 United States $2,919 Source: AAA Daily Fuel Gauge Report Fuel Saving Tip Get tune-ups and new spark plugs whenever called for by your manufacturer.

Up to 700,000 iPhones have sold Apple's highly touted iPhone "all but sold out" its initial shipment in both Apple and stores after just three days of sales, the companies said Monday. Neither Apple nor disclosed precise sales figures. Tech and telecom analysts estimated sales of 500,000 to 700,000 units of the combination phone, iPod and pocket Internet device by Sunday. "It's a phenomenal start," said Gene Mun-ster of equity firm Piper Jaff ray. "Apple had an incredible weekend." Munster's sales estimate: $250 million.

Munster estimates that 95 percent of iPhone buyers bought the more-expensive $599 iPhone with 8 gigabytes of storage (it's also available for $499 with 4 GB of storage). GNS I The old lawn mower repair shop on East Fifth Street was demolished make room for a new office building. Hyundai's Montgomery facility gearing up for 2008 models "I was trying to get a way to make it look better than just plain-Jane building," Pouncey said. To continue the Old World attractiveness, Pouncey's design called for several metal shed roofs that resemble awnings. They highlight the front of the building that faces east.

"We borrowed the riverfront idea of shed roofs, more of a historic look," Pouncey said. "They are like what you used to see in the old days." To complete the impact, Pouncey purchased four green, roll-up warehouse doors at a cost of $22,000. The doors are 18 feet wide and 14 feet high, he said. The contractor will move his office on Carmichael Road to Fifth Street in August after finishing touches on the building are completed. But he said the site has CURRENCIES Yesterday Pvs Day Britain 20165 2 0077 Canada 1 0562 1 0626 Euro 7340 7388 Japan 122 32 123 14 Mexico 10 7563 10 8025 British pound expressed in S.

An others show dollar in foreign currency. MONEY RATES Yesterday 1 25 625 531 479 481 497 469 499 5.10 Pvs Day 6 25 625 531 4 67 473 496 492 503 512 Prune Rat Distort Ra FedeT funds Re Treawes 3-miyiri 6-nwoth 1 -war 5-yw 1D-ye 30-year DAILY DAILY YTD NAME SYMBOL DIV PE CLOSE CHG CHG t42 21 4US .35 17.1 Ahold AHO 12.68 .16 19.8 AlfaCp ALFA .47 13 15.98 .41 BncTrstFn BTFG SZ 20 21.17 .17 BigLots BIG 24 30.30 .88 322 Blount BLT 17 14.00 .92 4.0 Boeing BA 1.40 31 96.77 .61 8.9 Brinkers EAT 17 29.37 .10 CampSp CPS BO 18 38.71 -5 Chevron CVX 232 10 8515 31 15.8 CocaCI KO 136 24 5256 25 8.9 CoBgp CNB .75 15 25.31 34 CotonPT CLP 2.72 8 37.15 .70 -35 CompsBc C8SS 1.72 20 69.43 .45 16.4 DafTC DCX 2.0O 9322 127 513 Darden DRI .46 33 44.14 .15 9.9 Diards DOS .16 13 36.59 .66 4.6 Energen EGN .46 15 5625 131 19.8 EnstarSph ESGR 124.15 3.44 295 FKwsFdss FLO 50 23 2202 -22 22.4 FordM 9.64 22 28.4 Garnet GO 124 11 55.18 23 Gateway GTW 44 1.74 .15 GenElec GE 1.12 19 3826 2.8 GnMotr GM 1.00 3802 22 23.8 Honda HMC 56 37.40 1.11 MPap IP 1.00 11 38.72 -33 13.5 UzClat) UZ 23 17 3735 .05 Lowes LOW 32 16 30.71 .02 McDnkJs MCD 1.00 18 51.38 .62 15.9 MovieGa1 MOVI 139 PapaJohns PZZA 15 2906 30 2 PeopBcTr PBTC 52 19 25.07 .15 RegonsFn RF 1.44 12 3389 .79 Saks SKS 4.00 52 2120 19.0 SaraLae SLE .40 33 17.46 06 25 SouthnCo SO 1.61 16 34.64 35 SO Synovus SNV 32 16 31.07 37 3 Trchmrk TMK 52 13 6783 83 66 USAnwy LCC 9 30.70 43 VFCp VFC 220 19 9228 .70 124 VufcaiM VMC 184 23 11528 .74 283 Wachovia WB 224 11 52.30 1.05 -82 WaMart WMT 38 18 4833 22 4.7 WMneyH WTNY 1.16 14 29.71 -39 YumBrds YUM SO 22 3334 .62 13.4 r'T a' ja The past two months have been the local Hyundai plant's most productive. Hyundai Motor Manufacturing Alabama made 25,387 vehicles in June, the second-best monthly total since May, when HMMA rolled out 27,157 units. HMMA, which shut its production line this week for the July 4 holiday and mid-year engineering changes, expects less production in July. But the plant is only slightly behind pace to meet its goal of 300,000 units yearly.

Hyundai made 12,276 Santa Fes in June, the last of the 2007 models. When production resumes next week, HMMA will make only 2008 models. It began making 2008 Sonatas in mid-spring, and the plant rolled out 13,111 of the midsize sedans last month. Hyundai has not announced what changes might be made on the new Santa Fe, but they're expected to be minor. I DECIDED TO SEGMENT THE COMPENSATION OF DIFFERENT CLASSES OF EMPLOYEES.

Hyundai Motor Manufacturing Alabama produced 12,276 Santa Fes in June. Through the year's first six months HMMA made 142,186 vehicles. Hyundai needs to make 26,302 vehicles monthly the rest of the year to reach 300,000. DILBERT VOUU BE IN THE SEGMENT THAT GETS PAID THE SAME NO MATTER UHAT YOU DO. FUTURES Exchange Contract Settle Chg Com CBOT Dec 07 360 Wheat CBOT Sep 07 58325 Soybeans CBOT Nov 07 897.75 16 Came CME Aug 07 8967 Sugar (wortdlNYBT Mar 08 9 72 Oats CBOT Dec 07 267 1.75 Soybean OICBOT Dec 07 37 99 .08 Cotton nybt Jul 07 sera CBOT-Ocago Board ol Trade CMER Chicago Mercantile Exchange NCSE New York Cotton.

Sugar Cocoa Eichanga NCTN New Yor Cotton Enchange METALS Yesterday Pve Day GoWflroyoz) $658 50 $64810 Sitvec(tmvol) $12 622 $12 353 Gold Coins $684.21 $679.77 StateBusiness editor Rick Harmon 261-1583 rharmowql gannett.com 4.