Baltimore Business Journal articles from January 1996

Baltimore Business Journal archives from January 1996

Environmental Elements Corp. (Proxy Report Excerpts)(Company Profile)
January 5, 1996... Corporate Profile An improved market and the sale of an upstate New York wastewater treatment facility helped Environmental Elements Corp., which designs and supplies air pollution control systems, post $37,000 in net income, or 1 cent per...

Hale says he won't sell, despite offers: nine-month-old First Mariner eyed by buyers. (First Mariner Bancorp. Chairman Edwin F. Hale Sr.)
January 26, 1996... Nine-month-old First Mariner eyed by buyers As Edwin F. Hale Sr. busily searches for a bank to buy, he's also turning down offers to sell his young First Mariner Bancorp. "People are already calling us to acquire us," Hale said. "It's...

Mixed leading indicators point to modest gains for metro area. (Baltimore, Maryland)
January 26, 1996... Editor's note: The Baltimore Metro Index of Leading Economic Indicators is produced by Bruce L. Grindy, an economist at the Regional Economic Studies Program at the University of Baltimore. The Leading Index is composed of 20 cyclical economic...

Information Resources Engineering Inc. (Proxy Report Excerpts)(Company Profile)
January 26, 1996... Corporate profile The last few years have seen a lot of changes at this Baltimore-based designer, manufacturer and marketer of network security systems and products that assist secure electronic commerce over computer networks. In July,...

Allegheny Power System, Inc.(Maryland First)
January 26, 1996... Maryland will soon become home to yet another Fortune 500 firm when utility company Allegheny Power System, Inc. (APS) moves its corporate headquarters to Maryland later this year. The $2.5 billion company has decided to leave its New York City...

Avesta Sheffield East.(Maryland First)
January 26, 1996... A Baltimore County steelmaker is being revived, thanks to the world's largest stainless steel manufacturer, which chose Maryland as the place to expand its U.S. operations. Swedish stainless steel company Avesta Sheffield AB earlier this year...

Filtronic Comtek Inc.(Maryland First)
January 26, 1996... Maryland's Eastern Shore, long famous for crabs from the Chesapeake Bay, is now also becoming known as the home of a fast-growing technology company that is moving into a new $4 million building in Wicomico County while increasing its number of...

Institute for Human Virology.(Maryland First)
January 26, 1996... In economic matters we often like to use violent analogies to describe our working world: We 'destroy' competition, we take a 'bare knuckled' approach to product development or we use 'guerrilla' tactics to enter somebody else's market. In...

Land Rover North America Inc.(Maryland First)
January 26, 1996... In business, location is everything. Just ask Land Rover North America Inc. Based in Lanham since 1986, the North American headquarters of the British auto manufacturer has thrived in its Prince George's location and just reported record sales...

Life Technologies Inc.(Maryland First)
January 26, 1996... Birds of a feather flock together. That old saying is especially true when applied to technology companies which like to be located near each other because of the high quality labor market and other synergies their presence creates. That's one...

Marada Industries.(Maryland First)
January 26, 1996... Transportation is critical to the success of Marada Industries, an automotive parts manufacturer located in Carroll County. But cars aren't the only form of transportation upon which Marada depends. The company also relies on the Carroll County...

Nabisco Inc.(Maryland First)
January 26, 1996... One of the world's largest food companies, Nabisco Inc., has returned to Maryland to manufacture products and is hiring up to 100 people to do so. It's a homecoming for Nabisco, which last summer repurchased a plant in Cambridge, Dorchester...

Saks Fifth Avenue.(Maryland First)
January 26, 1996... Brian Kendrick had a problem to solve. As Vice Chairman and CFO of Saks Fifth Avenue, Kendrick was overseeing the ambitious national expansion plans of the prestigious retailer, plans that included a major push in the southeast that would add as...

T. Rowe Price.(Maryland First)
January 26, 1996... Business is booming at your decades-old company, demand for your services is growing and all relevant indicators say it will continue to grow. Financially astute by nature, your firm creates a 10-year development plan and looks for a place to...

Treasure Chest Advertising Inc.(Maryland First)
January 26, 1996... When California-based printing company Treasure Chest Advertising Inc. was looking for an East Coast location, it found a good match with Baltimore, 'The City That Reads.' Since Treasure Chest is the nation's largest printer of advertising...