St. Louis Business Journal articles from December 1995

St. Louis Business Journal archives from December 1995

Children's plans $21.6 million expansion. (St. Louis Children's Hospital)
December 25, 1995... St. Louis Children's Hospital is planning a $21.6 million expansion and renovation of its emergency room, cancer unit and surgical services. The project also lays the groundwork for an eventual expansion of the pediatric intensive care unit,...

Emerson, in buying mood, looks for more acquisitions. (Emerson Electric Co.)
December 25, 1995... Emerson Electric Co. - after years of boosting earnings by cutting expenses - is looking for further growth with new products and strategic acquisitions. In the last year Emerson shelled out about $500 million for acquisitions, according to...

Saur, two others form firm to buy communications sites. (St. Louis, Missouri businessman Robert Saur)
December 25, 1995... Robert Saur and two other local businessmen have formed a company aimed at site acquisitions for wireless communication providers. Saur is president of Conrad Properties, a Clayton-based real estate development firm. He has joined with...

Innervision doing pro bono project for Steven Spielberg. (Innervision Productions Inc.; film director)
December 25, 1995... Innervision editor Scott Betz heard Steven Spielberg on Larry King's TV talk show in August. The discussion centered on the filmmaker's efforts to document firsthand accounts of Holocaust survivors. "I copied down an 800 number for people...

RCGA, Civic Progress give thumbs up to airport plan. (St. Louis Regional Commerce and Growth Association; Civic Progress Inc.; Lambert-St. Louis International Airport)
December 25, 1995... The St. Louis Regional Commerce & Growth Association and Civic Progress have announced emphatic endorsements of the W1-W proposal for the westward expansion of Lambert-St. Louis International Airport. The RCGA's endorsement of the plan came...

City cites Chicago example for publicly funded hotel. (St. Louis, Missouri; Chicago, Illinois' Metropolitan Pier and Exposition Authority)
December 25, 1995... Should the city decide to finance its long-proposed convention center hotel with public funds, there is precedent. Chicago's Metropolitan Pier and Exposition Authority is planning to sell approximately $130 million in tax-exempt revenue bonds...

Committee deals setback to acute-care hospital plans. (Missouri Health Facilities Review Committee)
December 25, 1995... The Missouri Health Facilities Review Committee has dealt a setback to backers of two long-term acute care hospitals that would be located in leased space in existing area hospitals. The panel decided the "hospital within a hospital" projects...

Wave Technologies International Inc. (Proxy Report Excerpts)(Company Profile)
December 25, 1995... Kenneth W. Kousky Chairman, president and chief executive officer Wave Technologies designs, develops and delivers educational products and programs for complex information systems through instructor-led training, technology seminars,...

Clerk rises up to buy Steelweld. (Steelweld Equipment Co. Inc.)
December 18, 1995... Elaine Hunter was 18, just out of high school, when she went to work at Steelweld Equipment Co. as a clerk in 1966. Today, she owns the St. Clair, Mo., business, which has $10 million in annual sales. She took over after rising through the...

16 area Edison shops set to change hands: lease auction on Fifth Avenue. (Edison Brothers Stores Inc.)
December 18, 1995... Retailers, weary of holiday markdowns, will find some post-Christmas bargains of their own on New York's Fifth Avenue come Jan. 25. That's when Edison Brothers Stores Inc. will sell 302 "prime retail leases" in malls that stretch from coast...

Lichtenstein heir settles suit with SLU doc, stepmom: Straub collecting $100,000, ends suits. (Daniel B. Lichtenstein; St. Louis University; Mary Straub)
December 18, 1995... The bitter family dispute over socialite and philanthropist Daniel B. Lichtenstein's $2.6 million estate is over. Lichtenstein's disinherited daughter, Mary Straub, will receive a $100,000 settlement in exchange for dropping civil litigation...

Dr. Chaitman ignored Reinert's warning. (Dr. Bernard R. Chaitman; Rev. Paul Reinert)(Lichtenstein Heir Settles Suit with SLU doc, Stepmom)
December 18, 1995... Dr. Bernard R. Chaitman's affiliation with the Lichtenstein Foundation has proven lucrative for him and the cardiology division at St. Louis University Hospital. More than $700,000 flowed into the hospital's coffers between 1989 and 1994,...

Bridgeton assembles 'dream team' to push airport plan. (Bridgeton, Missouri; Lambert-St. Louis International Airport)
December 18, 1995... As the city of Bridgeton positions itself for its second major skirmish over airport expansion, Mayor Conrad Bowers has assembled his own "Dream Team." The Bridgeton team consists of Stephen Hockaday, a professor of engineering at...

Proposal to move Admiral stays put until next year. (President Casino on The Admiral)
December 18, 1995... A proposal to move the President Casino on The Admiral to more lucrative waters north won't be presented to the Board of Aldermen this year. The board was scheduled to go into its winter recess on Friday. Any new legislation introduced...

TWA zeros in on new planes as a top priority for '96. (Trans World Airlines Inc.)
December 18, 1995... Trans World Airlines Inc. officials say modernizing the company's aging fleet will be among the airline's top priorities for the coming year. TWA spokesman John McDonald said the company will put an increased focus on retiring aging Lockheed...

Computer triage: software service firm helps in a fix. (Computer Medics)(Company Profile)
December 18, 1995... Computer Medics 1683 Larkin Williams Road Fenton, Mo. 63026 Business Activity: Computer Medics is a rapidly growing computer services and support company that provides basic software services and consultation for medium and small companies in...

Monsanto Co. (proxy corner excerpts)(Company Profile)
December 18, 1995... Robert B. Shapiro Chairman, president and chief executive officer Monsanto Co. is a diversified company with core operations in agriculture, performance chemicals, pharmaceuticals and food ingredients. Brand name products include Roundup...