Business Journal-Portland articles from February 1995

Business Journal-Portland archives from February 1995

Heathman may book manager's suite at new hotel. (Heathman Management Group)
February 3, 1995... The Heathman Management Group hopes to strike a deal to operate a 151-room hotel planned for downtown Portland. Developed by the Schlesinger family's BPM Associates, the 17-story hotel and retail project would be on the corner of Southwest...

Kaiser-AMR deal pains Portland ambulance competitors. (Kaiser Foundation Health Plan Inc.; American Medical Response Inc.; Portland, Oregon)
February 3, 1995... A Kaiser Permanente contract with the area's largest ambulance provider has thrown salt into the wounds of others vying for a larger share of the medical transport business. Kaiser has signed a unique contract with American Medical Response...

Paragon Cable joins Time Warner empire. (Time Warner Cable)
February 3, 1995... Also gets approval to provide phone service Portland's Paragon Cable received two pieces of news last week that may alter its strategic position on the local telecommunications battleground. First, its parent company, KBLCOM Inc., is being...

Westside bypass on track after detour. (Washington County, Oregon)
February 17, 1995... State revives controversial study, but critics aver that project should be put to pasture A change of heart by state officials and shifting political winds in Salem are blowing new life into the controversial westside bypass project. State...

Business lobby pumps gas tax, hits rough road. (Oregon)
February 17, 1995... Oregon business and municipal leaders appear to be heading the wrong way up a one-way street in their quest for an 8 cent gas tax hike. Business groups from farmers to homebuilders say more road money is needed to ease growth pains and improve...

Glumac engineering niche in hectic high-tech market. (Glumac International) (Company Profile)
February 17, 1995... In the I-need-it-yesterday world of high-tech manufacturing, engineering firm Glumac International has found its niche by being every bit as hyperactive as the industry it serves. Glumac's 50-person Portland office specializes in designing...

Wynne swapping wingtips for Adidas high-tops. (appointment of lawyer Steve Wynne as Adidas America president and CEO)
February 17, 1995... In early 1993, Rob Strasser unsuccessfully recruited Portland attorney Steve Wynne for Adidas America. Now two years later, Wynne has been tapped by Peter Moore, the late Strasser's partner, to become president and chief executive as Moore...

Legislature, governor grapple with workers' comp reform. (Oregon)
February 17, 1995... Senate Bill 369 aims to shoot down high court ruling Pressure is mounting in the Legislature as a package of workers' compensation changes criticized by labor interests appears poised for passage. Senate Bill 369, a broad array of complex...

United boosts shuttle flights to California. (United Airlines Inc.)
February 17, 1995... Low-cost service targets Southwest's market share Clawing its way into the low-cost, no-frills market, United Airlines announced a new shuttle service from Portland to two California cities beginning April 2. Shuttle by United, a service...

Tuality Forest Grove expands psychiatric care for elderly. (Tuality Forest Grove Hospital in Portland, Oregon)
February 17, 1995... Tuality Forest Grove Hospital plans to offer new psychiatric services geared to the elderly. Outpatient services should be available by March. The hospital also plans to open a 15-bed inpatient program by September. Both programs aim to fill a...

Marketers put Portland under the microscope. (Oregon)
February 17, 1995... Demographics make the area a hotbed of video on demand, interactive TV You might not know it unless you happen to be one of the guinea pigs, but Portland residents are being extensively tested to see how they feel about new electronic...

GOP targets public employee unions. (Republican Party)
February 24, 1995... Senate Republicans are crafting a collective bargaining bill aimed at weakening the influence of Oregon's powerful public employee unions. A bill sponsored by GOP Senators Gene Derfler of Salem and Neil Bryant of Bend would take away public...

A renaissance for Portland investment bankers. (Oregon)
February 24, 1995... They greet each other amicably over lunch at Jake's Grill or on the treadmill at the River-Place Athletic Club. Then they race back to their respective offices and hustle for a finite pool of clients and capital. In what appears to be a...

Singapore investor spices up St. Laurent's Pacific Bank bid. (Cheong See Kheng outbids Western bank CEO Georges St. Laurent)
February 24, 1995... Stock purchase may alter Western Bank's ambitious deal for San Francisco lender Western Bank's plan to purchase San Francisco-based Pacific Bank for $55 million has been complicated by a prominent shareholder. Last week Singapore investor...

Odds long for new local taxes on rooms, poker. (Portland, Oregon)
February 24, 1995... Business lobbyists want state lawmakers to put the kibosh on local governments trying to squeeze more taxes from real estate, lodging and video poker. Realtors want a moratorium on local real estate transfer taxes. Barkeepers and restaurateurs...

Ship yard contract to include land option. (Portland Ship Yard)
February 24, 1995... A proposal calling for a sole contractor to take over the Portland Ship Yard includes an option to divvy up smaller parcels within the 140-acre yard, in addition to operating the entire site. The plan, released by the Port of Portland this week...

Regional accounting firms network to fend off Big 6. (Portland, Oregon)
February 24, 1995... When international paint brush manufacturer Purdy Corp. in Portland needed specialized accounting information, its local accounting firm Isler & Co. didn't have all the answers. But they knew where to find them. Isler simply called up a...

Legislators seek tax break for medical savings accounts.
February 24, 1995... MSAs put onus for spending back on consumers Legislation headed to the Oregon House is aimed at expanding health care options by giving employers and individuals tax breaks on money put into medical savings accounts. House bills 2865 and...

Hanna Andersson seeks new president, next growth spurt. (Hanna Andersson Corp.)
February 24, 1995... Mail order kids clothier Hanna Andersson is looking for a new president to push it through an awkward adolescence. Mary Roberts, the company's president for the last two years, announced last week she will resign effective in July. That has...

Mentor Graphics Corp. (proxy report excerpt) (Company Profile)
February 24, 1995... NASDAQ: MENT 8005 S.W. Boeckman Road, Wilsonville, Ore. 97070 Mentor Graphics Corp. designs, manufactures, markets and services electronic design automation systems and is an industry leader in the field of computer-aided engineering and...