Houston Business Journal articles from August 1995

Houston Business Journal archives from August 1995

Golf clubs tee off against Tour 18 clones; are copycats legal on links?
August 4, 1995... The green can't be seen from the tee box. After about 200 yards, the fairway doglegs right past a long looming sand trap and continues on for another 365 yards. Like twin sentries, two deep bunkers flanking the tiny green protect it from approach...

German deal pumps funds into GeneMedicine. (contract between Boehringer Mannheim and GeneMedicine Inc.)
August 4, 1995... Biotech firm bounces back from Blech crash When Eric Tomlinson helped found Houston-based Gene-Medicine Inc. three years ago, he decided the fledgling firm would develop all of its products through corporate partnering. The idea was to rely as...

Inking the right deals. (Carousel Productions)(Small Business Monthly)(Company Profile)
August 4, 1995... "Make more right decisions than wrong ones." It would not be surprising to see those words emblazoned on T-shirts on the printing presses at Carrousel Productions' southwest Houston manufacturing plant. Those are words to live by, says Elissa...

Best corporate clients are also biggest competition for computer support firm. (Paranet Inc.)(Small Business Profile)(Company Profile)
August 4, 1995... Company: Paranet Inc. Business: Management and support of distributed computing networks. Founded: 1991. Employees: 375. Sales: $32 million. Background: One day, Michael Holthouse wants to launch a new company that builds children's...

Hospitals called, Memorial CEO answered. (Memorial Healthcare System; Dan S. Wilford)(Profile)
August 4, 1995... Former pro football referee Dan Wilford has devised a competitive game plan for Houston's second-largest health care system Dan Wilford may be the only hospital administrator in the United States who's ever called a five-yard delay of game...

Financier buying bank to target M.D.s. (The Berens Corp. to acquire and use First National Bank of Dayton in targeting medical doctors)
August 11, 1995... Berens uses buyout to create a credit card for physicians First National Bank of Dayton is about to be taken over in an unusual kind of buyout. Unlike most acquisitions, the purchase isn't being made by another financial institution with...

N.Y. media giant agrees to purchase HBJ parent. (New York's Advance Publications Inc. to buy American City Business Journals, owner of Houston Business Journal)
August 11, 1995... A CBJ will merge with Advance Publications Advance Publications Inc. has agreed to acquire American City Business Journals for $28 per share, or $268.9 million. American City, based in Charlotte, N.C., is the owner of the Houston Business...

Power struggle shakes YWCA as funding campaign kicks off. (Young Women's Christian Association)
August 11, 1995... Just weeks after the city's Young Women Christian Association launched a high-profile capital and image campaign, a power struggle has erupted publicly among board members trying to restructure the organization. Internal squabbling over the...

When times are bad, business is good for outplacement firm. (Career Management International)(Company Profile)
August 11, 1995... Company: Career Management International. Business: Human resources consulting and outplacement services. Founded: 1976. Employees: 18. Sales: $2.25 million. Background: The worst of times in Houston's economy are usually the best of...

The retail guru of Houston real estate. (real estate broker and developer E.D. Wulfe)
August 11, 1995... AFTER 31 YEARS AS A BROKER AND DEVELOPER, E.D. WULFE STILL THRIVES ON THE THRILL OF DOING THE NEXT DEAL Many of his peers regard him as the guru of retail real estate, but E.D. Wulfe sees himself as "just a dealmaker." During the 31 years...

Industrial building boom under way: new construction projects arising all over city as space shrinks, demand grows. (Houston, Texas)
August 25, 1995... Houston's industrial real estate market is on the verge of a building spree that is being fueled by a shrinking supply of usable space and a growing demand for quality properties. Developers are planning to construct more than a dozen projects...

Management trainers take feud to court. (Covey Leadership Center Inc. battles Houston affiliate)
August 25, 1995... Litigation isn't listed among "The Seven Habits of Highly Effective People," but that hasn't kept author Steven Covey's leadership center and a local management training finn out of Houston federal court. Utah-based Covey Leadership Center and...

Medical battle brewing over drive-through births.
August 25, 1995... Another battle between doctors and health insurers is brewing on the legislative front - this time over so-called drive-through births. With any-willing-provider legislation still being hotly debated across the country, doctors and insurers are...

A changing of the guard at CRSS. (CRSS Inc.)
August 25, 1995... Bruce Wilkinson went through a lot of soul-searching in transforming an old Houston architecture and engineering firm into an independent power player. Now he's preparing to step down as CEO in the wake of a Belgian buyout. Bruce Wilkinson is...

Rugs to riches: lawyer turns hobby into thriving business. (Sam Abraham of Abrahams Oriental Rugs)(Company Profile)
August 25, 1995... Company: Abrahams Oriental Rugs. Business: Oriental rug sales. Founded: 1973. Employees: 10. Sales: $1.5 million. Background: Sam Abraham just might be the only Houston lawyer who has made his millions selling rugs. It was...