Dallas Business Journal articles from January 1995

Dallas Business Journal archives from January 1995

Entrepreneur to jump start Texas Business. (Ray Washburne reviving business magazine)
January 6, 1995... DBJ editor to take helm of new statewide magazine Dallas businessman Ray Washburne is reviving statewide business magazine Texas Business. Encouraged by the state's vibrant economy, the 34-year-old Washburne is financing the publication...

Container Store eyes new warehouse.
January 6, 1995... The Container Store has outgrown its warehouse operation in Farmers Branch, and that city is considering a tax break for the company if it will move down the street -- and not out of town. The storage-products retailer needs more storage space...

Delta cuts force caterer to lay off 140. (Delta Air Lines; Dobbs International Services Inc.)
January 6, 1995... An airline catering service laid off 140 employees Dec. 31 at the Dallas/Fort Worth International Airport. Dallas was one of two cities hardest hit by the layoffs at Dobbs International Services Inc., a Memphis-based company, said spokeswoman...

Ticket master: Spence Kendrick's all-sports station is making radio waves. (KTCK-AM)
January 13, 1995... There is no way Spence Kendrick should be so calm. Not long after Kendrick rolled out of bed this particular morning, his radio station, KTCK-AM "The Ticket," was thrown off the air for about an hour because of a transmitter glitch. While...

Harris HMO loses $9M. (health maintenance organization Harris Methodist Health System)
January 13, 1995... Harris Methodist Health System poured $20 million into the empty coffers of its health maintenance organization after the plan posted $9 million in losses through the third quarter. The plan was the only major HMO in the Metroplex to post...

Dallas wins relocation of hospital service center. (National Medical Enterprises Inc. to relocates hospital service center in Dallas, Texas)
January 13, 1995... One of the country's largest hospital companies plans to move its day-to-day operations from California to Dallas in March. National Medical Enterprises Inc. will relocate its hospital service center to the Metroplex from its headquarters in...

Power brings Philips into the U.S. info market. (Power Computing Co.; Philips Electronics NV)
January 13, 1995... When Halliburton Energy Services Inc. announced Jan. 9 which companies won its $500 million information technology contract, the usual names - IBM Corp., AT&T Co., SHL Systemhouse Inc. or EDS Corp. - weren't on its lips. Although three of...

Crisis in Mexico testing commitment of telecom. (effect of the Mexican peso's devaluation on the telecommunications industry)
January 27, 1995... It's Glen Teason's second year at the MexiCom telecommunications trade show in Mexico City. Last year, he toured the show as a new hire of Western Multiplex Corp., Teason vowed to be in the Mexican market by 1995. Today, he's a participant....

Bankruptcy trustee fights for position. (Molly Bartholow)
January 27, 1995... Judicial panel to hear answers to complaints A trustee in the Dallas Chapter 13 bankruptcy office is under fire from debtors' attorneys for a backlog of unresolved cases. In a hearing scheduled for Jan. 27, Molly Bartholow must show a...

Dallas tries to guard interests at airport. (Dallas, Texas; Dallas-Fort Worth International Airport)
January 27, 1995... Dallas and Fort Worth want a bigger share of the economic growth spreading around the airport that bears their names. And both cities took action this month to get it. To avoid competition in attracting new business, city council members...

Track developers run at different speeds. (planned racetracks in Dallas, Texas)
January 27, 1995... Smith has pushed for action, while Meyer lets the city weigh its options Two developers waiting for a green light from the City of Dallas to build auto speedways both say they are in the lead in the race to make the city a partner in their...

Survey says: look beyond the city for best property deals. (Malin Group's survey)
January 27, 1995... Justifying construction Rental rates needed to justify new construction in each category. Property type Per square foot effective rent rent expenses ...

JNC buys into Dal-Mac's Colony land. (JNC Enterprises; Dal-Mac Investment Corp.; Dallas, Texas)
January 27, 1995... Deal brings developer's holding up to 1,000 acres on SH 121 JNC Enterprises has bought into the largest undeveloped tract of land in The Colony. The 777-acre tract - owned by Dal-Mac Investment Corp. - stretches from the northeast corner of...

Local SBA lenders are at the top. (Small Business Administration)
January 27, 1995... Three Dallas-area banks were among the nation's top makers of Small Business Administration loans in fiscal year 1994. The Bank of North Texas, Bank One Texas and NationsBank Texas were among the top 25 SBA lenders in the country. Federal...

Polyphase shareholder made big sale in '94. (Polyphase Corp.'s shareholder Mike Boatman)
January 27, 1995... One of Polyphase Corp.'s main shareholders dropped about $215,000 worth of company stock in the fall of 1994. Mike Boatman sold 37,500 shares of stock for about $5 to $6 a share from July until September. Boatman still owns 381,000 shares -...

Mexican investors take on the local restaurant business.
January 27, 1995... Three Mexican brothers and their brother-in-law have purchased Golden Corral Corp. franchises and plan to open five restaurants in the Dallas area. Two of the restaurants could be completed this year. All will be operating in two years, said...

Health insurers take aim at PHO provider groups. (physician hospital organization) (Special Report: Health Care Quarterly)
January 27, 1995... A battle is shaping up between medical care providers and health maintenance organizations (HMOs) that could be played out in the Texas Legislature this year. At the heart of the matter is the desire by physician hospital organizations (PHOs)...

Harris Methodist markets health plan to Dallas consumers. (Harris Methodist Health System; Dallas, Texas) (Special Report: Health Care Quarterly)
January 27, 1995... The thousands of commuters who pour into Dallas on their way to work each day are confronted by billboards declaring, "Health care in a whole new light." While health plan advertising certainly isn't new, Harris Methodist Health System's...

More employers providing coverage for prescription drugs. (Special Report: Health Care Quarterly)
January 27, 1995... While not included in basic company health insurance plans, many employers today are providing optional prescription drug coverage for their employees. "It is the exception that a group does not elect pharmacy benefits. It tends to be the...

Some local pharmacies struggle. (independent pharmacies) (Special Report: Health Care Quarterly)
January 27, 1995... Some independent pharmacies say they have been adversely affected by managed care organizations requiring their members to use only pharmacies that belong to their networks. "We've seen long-term (15-20 years) customers of ours who can't trade...

Rise of HMOs means tough times for specialists. (health maintenance organizations) (Special Report: Health Care Quarterly)
January 27, 1995... The ascendancy of tight-fisted managed care will mean a serious decline for the need of high-dollar medical specialists. With the growth of HMOs and other schemes to control costs, there could be a surplus of 160,000 specialists in the United...

Medical device makers want FDA reforms. (Food and Drug Administration) (Special Report: Health Care Quarterly)
January 27, 1995... Local health industry leaders form another group waiting and watching while the new Congress sets up shop. Those who unsuccessfully lobbied the U.S. Food and Drug Administration last year for reforms that would have streamlined new product...

Managed health care plans are coming of age in Texas. (Special Report: Health Care Quarterly)
January 27, 1995... Choosing a health care plan is no easy task for an employer or an employee in the rapidly changing market. Managed health care has become a major part of the health care picture in the 1990s as companies seek to control costs. With dozens of...

Companies finding creative trade in frequent flier miles. (Strategies)
January 27, 1995... A market in brokered frequent flier miles continues to operate virtually under the noses of the airline companies, adding more competition to the already intense air travel industry. And some entrepreneurs are finding creative - and legal -...

Nafta's red tape. (North American Free Trade Agreement)
January 27, 1995... The giant sucking sound Ross Perot heard last year wasn't U.S. jobs heading for Mexico. It was the sound of would-be free traders as they choked on a maddening bureaucracy south of the border. Since passage of the North American Free Trade...