JHSF: Decades of Real Estate Investing

JHSF is one of the most significant Brazilian real estate holding company. The firm started its operations in 1912, at a time when it was JHS. JHS was the first real estate company to go for recurrent income assets in the populous South American nation. Some of the assets the firm invested in included hotels, shopping malls, airports, etc.

JHSF has established bases in Brazil, the US, and Uruguay. Even so, its most significant assets are in Brazil. In total, the company’s real estate projects measure over 6 million square meters, while market value stands at R$1.2 billion.

The founders of JHS were two brothers known as Fabio and Jose Auriemo. They created the real estate firm with the help of two other partners. Starting, JHS primarily focused on real estate/ construction development. As fate would have it, JHS would split into two entities each run by one of the brothers. The companies were JHSF controlled by Fabio and JHSJ managed by Jose.

JHSF immersed itself into the world of luxurious developments. It focused on creating assets that targeted Brazil’s high-earning populace. One such asset is the Shopping Metro Santa Cruz. It is a mall located in Sao Paulo and has a subway station. Another luxurious development by JHSF is a mall known as Catarina Fashion Outlet. It is a luxurious establishment that houses several high-end fashion outlets.

The Sao Paulo Catarina Executive Airport is another significant development by JHSF. It is an airbase that caters for private and business people. All these developments were the first of their kind in Brazil. Looking at the long history of JHS (JHSF), you can say that the most significant period has been under President Jose Auriemo Neto’s watch.

Jose has risen through the ranks to lead the company that his father, Fabio Auriemo established. The reign of Jose is significant because it has seen JHSF grow to become a real estate giant. Jose Auriemo Neto is responsible for the company’s wings of Parkbem and the Shopping Center Department.

Parkbem runs a parking lot management business while the Shopping Center Department handles the several malls built by JHSF. At one point, Jose Auriemo Neto was the company CEO. It was a position that saw him manage the JHSF brand interests in public developments, office buildings, and hotels.

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Louis Chenevert’s Engine Progress At UTC

Louis Chenevert’s rise from humble beginnings will inspire anyone to follow their dreams no matter how big or small. He was born in Montreal, Canada where he had a relatively normal childhood. Deep inside Louis wanted more. He had big aspirations that one day he would accomplish.

Eventually Mr. Chenevert would become President, Chairman, and Chief Executive Officer at United Technologies Corporation but for now he would have to work his way up there. Louis Chenevert attended HEC Montreal where he earned a Bachelor of Commerce degree in Production Management. This would be the most perfect degree for his future business endeavors. Louis first started his career at General Motors in Canada at their St. Therese, Quebec. He worked the 2nd shift in their assembly line as a first line supervisor. His managers were so impressed with his work ethic and knowledge that he kept rising in his positions. The man who hired him, Guy Hachey, can proudly say that Louis was a great employee and they became fast friends.

Louis Chenevert was ready for change and joined the team at Pratt & Whitney 1993 after 14 years at General Motors. He rose the ranks of Pratt & Whitney like he did at GM. In one year Mr. Chenevert was able to cut manufacturing costs by 10 percent. In 1999, he became President and continued to grow the company to new heights. He knew their GTF engine had so much untapped potential that when Louis Chenevert joined United Technologies Corporation as Chairman he would use UTC’S resources to advance the engine’s abilities ten fold. The two businesses are connected because Pratt & Whitney is a company under the umbrella of companies at United Technologies Corporation. He had UTC invest $10 million dollars to use the most up to date advanced technology to super boost this engine. At last, the new engine was unveiled and was clearly superior to any other on the market. Over 70 aircraft use the engine in over 14 airlines. They cut fuel costs by 20 percent, 50 percent less noise, and needed 30 percent less parts in its lifetime.

https://www.cnbc.com/louis-chenevert/