Philadelphia Business Journal articles from February 1997

Philadelphia Business Journal archives from February 1997

Partners sue local adviser; noncompetition clause cited. (Wellington Management Co. LLP; Arnold Schneider III)
February 28, 1997... VALLEY FORGE - Four partners of Boston's Wellington Management Co. LLP have filed suit against a local money manager in a billion-dollar tug of war that threatens to become a noisy, bruising court fight - almost unheard of in the publicity shy...

Crozer-Keystone plots coverage strategy. (Crozer-Keystone Health System's MedCare Plus program)
February 28, 1997... MEDIA - Every month the federal government pumps $50 million into the Delaware County economy in the form of Medicare payments to insurance companies, physicians and hospitals. Fifty million dollars a month. John C. McMeekin wants a bigger...

Area code 'overlay' opposed. (Bell Atlantic Corp.; Pennsylvania Public Utility Commission)
February 28, 1997... A plan conceived by Bell Atlantic Corp. and blessed by state regulators that would solve Pennsylvania's impending telephone number shortage by "overlaying" new area codes atop existing area codes is in jeopardy. In the Pittsburgh area, Bell...

Convention numbers crunch. (Pennsylvania Convention Center; cost-accounting computer software programs)
February 28, 1997... The Pennsylvania Convention Center is seeking optimum efficiency by using new, sophisticated cost-accounting computer software programs. The folks who run the Pennsylvania Convention Center say they know their costs practically down to the...

Comcast may cut Sprint PCS stake.
February 28, 1997... The Philadelphia cable company is considering reducing its investment in a national digital wireless partnership. It has invested $640 million to date. Comcast Corp. is considering reducing its investment in Sprint PCS, a national digital...

2nd study on fuel option. (research on alternative-fuel vehicles by Alex Farrell)
February 28, 1997... A new study by a Penn professor has given the alternative-fuel vehicle movement some extra mileage. A second study by a University of Pennsylvania professor has given the area's alternative-fuel vehicle market a needed shot of energy. The...

Eagles hope to score with TV network. (Philadelphia Eagles; Eagles Television Network)
February 28, 1997... On the playing field the name of the game for the Philadelphia Eagles is to control the action. And now they want to do the same off the field. That's the reasoning behind the newly announced Eagles Television Network, owned and operated by the...

Flower show as sales tool. (Philadelphia Flower Show, Mar. 2-9, 1997, Pennsylvania Convention Center)
February 28, 1997... A few hundred-thousand people are expected at the Pennsylvania Convention Center, March 2-9, when it plays host to the philadelphia Flower Show. Once inside, they can walk through its 10-acre spread to admire over 2,500 entries in the amateur...

Firms must target ads on Web. (on-line advertising)
February 28, 1997... Online advertising is expected to more than double in 1997 to more than $400 million, but one electronic media expert believes not enough companies are targeting their messages to niche audiences to get the payoff they want. Online...

Internet Installers plans to help the cyberilliterate.(Column)
February 28, 1997... The former webmaster and president of Delaware Valley On Line, a Drexel Hill Internet service provider, has joined forces with a former divisional vice president of John Wanamaker to form a one-stop Internet installation service, Internet...

It's coming up roses for NovaFlora. (Michael Dobres' sale of biotechnologically grown miniature flowers increased by 15%)
February 28, 1997... Late last year NovaFlora, a grower of miniature flowers, changed to direct selling through newspaper advertising. By Valentine's Day, the results were blossoming: The Philadelphia company realized a 15-fold spurt in sales. Michael Dobres'...

Successful firms know how to market.(Column)
February 28, 1997... Ongoing success in any business requires a sustained, multifaceted marketing focus. Without this continuing commitment, companies that have already achieved success will simply atrophy into insignificance. Take the case of Erin, a successful...

Red hot on Main Street: restaurateur thinks Manayunk is it. (Chef Derek Davis' five restaurants in Manayunk, Philadelphia)
February 21, 1997... Chef Derek Davis is hooked on Manayunk. That's where, Feb. 26, the restaurateur will open the doors to River City Diner and Tootsie's, an adjoining deli. That means he'll have five restaurants in the city's Manayunk section. All are within a...

Phila. to see marketing blitz on wireless service.
February 21, 1997... Philadelphia is on the verge of a telecommunications marketing blitz the likes of which has not been seen since a dropping Sprint pin initiated the long-distance wars in the late 1980s. The subject: PCS, which stands for "personal...

Under the gun, EBY looked to EDI. (EBY Co. Inc.; electronic data interchange)(Growth Strategies)
February 21, 1997... The new owners of EBY Co. had to modernize fast or risk losing their largest customer. With help from the Delaware Valley Industrial Resource Center, EBY worked with Datamatix. The result: a growth strategy that yielded a 20 percent revenue...

Triumph soars after buying Teleflex wing. (Triumph Group Inc.; Teleflex Aerospace and Defense)
February 21, 1997... WAYNE - For the Triumph Group Inc., 1996 was a pivotal year. Last year the company acquired a new business, sold a profitable one and went public. But 1996 may be not as significant as the company hopes 1999 will be. That's when the Triumph...

Local firm playing big Hubble role. (Max Levy Autograph Inc.'s contract to make Hubble space telescope's spectograph)
February 14, 1997... When Ball Aerospace and Technologies Corp. of Boulder, Colo., was selected as the prime contractor for this week's Hubble space telescope upgrade mission, the company's engineers found themselves with a slight problem. Because NASA wanted...

PQ, British company not soft-soaping this debate. (PQ Corp. Albright and Wilson)
February 14, 1997... BERWYN - A Philadelphia-area chemical company has some new ammunition in its battle for the Pacific Rim's growing soap market. PQ Corp. is the largest U.S. producer of zeolite, a chemical that has gained popularity since the '60s as a key...

Smith Mack, D.C. brokerage form venture. (Smith Mack and Company Inc.; Barnes Morris Pardoe and Foster; Smith Mack Barnes Morris Management Services LLC)(Real Estate Focus)
February 14, 1997... Two real estate companies affiliated through a network have decided to get a little closer, linking their Philadelphia and Washington, D.C., offices in a new property management venture. Philadelphia-based Smith Mack & Co. Inc. teamed with...

Black groups' plan to remedy racial inequity. (Coalition of African Americans for Justice Against Texaco)
February 14, 1997... Philadelphia corporations relieved that they were not facing Texaco Inc.'s racial problems this winter will soon be hearing from a coalition of black groups pushing for more broad-based action to fight workplace discrimination. The Coalition...

Some firms fit flexible schedules to adapt to workers' lifestyles.
February 14, 1997... Employers are recognizing there's more to life than work. "We're not in the Dark Ages of work/life," said Beth Olanoff, a lawyer who works in employment issues at Connolly, Epstein, Chicco, Foxman, Englemyer & Ewing in Philadelphia. Many...