BRIEFLY IN BUSINESS

Artemis sees summer games in future

A Newport Beach company has signed an agreement with the Deputy Prime Minister of England to manage an $800-million investment fund aimed at developing the site of the 2012 Olympics.

Artemis International Solutions Corp. has been hired to oversee the country’s regeneration framework process, and provide up to 30 external organizations to upwardly report their performance against their expenditures, outputs, milestones and risks.

The Thames Gateway Program is the largest redevelopment project in Western Europe, covering an area 40 miles long and 20 miles wide along the Thames river. This involves regenerating brown field sites by establishing sustainable communities, including the creation of 120,000 new homes and 180,000 new jobs, as well as developing the infrastructure for the main London 2012 Olympics site that is being created in the Thames Gateway in Stratford.

Bureau brings on new marketing manager

Jessica Roswell has been chosen as the new public relations and marketing manager for the Newport Beach Conference and Visitors Bureau. In addition, Monica Smith has been named the bureau’s new deputy director of sales and Nancy Shugg the bureau’s membership/conference services manager.

Roswell joins the chamber after two years at the Wills Communication public relations agency where she served as an account executive of several travel and destination accounts throughout the Western United States, including the Newport Beach Conference and Visitors Bureau. She also used to work in marketing for the Legoland theme park in Carlsbad.

As the public relations manager, Roswell will oversee communications and public relations for the bureau and help promote Newport Beach as a travel destination in international, national and local publications.

Newport firm completes private equity placement

American Vanguard Corp. of Newport Beach announced Thursday that it completed a $23.4-million private placement, consisting of 1.04 million shares of its common stock at $22.50 per share, with a group of institutional investors. Net proceeds of the financing are expected to be approximately $22.5 million.