Baltimore Business Journal articles from September 1995

Baltimore Business Journal archives from September 1995

Pa. bank moves in with Wawa ATMS. (PNC Bank, N.A.; Wawa convenience stores)
September 15, 1995... A Pittsburgh bank that has been eying Maryland is finally making its move into the market. PNC Bank, N.A., Pennsylvania's largest bank company, is seeking state regulatory approval to open automated teller machines at 21 Wawa convenience...

Discount clothier takes on C-mart in Harford. (Gabriel Brothers)
September 15, 1995... Watch out C-Mart: Another off-price retailer is invading Harford County. Gabriel Brothers, a Morgantown, W.Va.-based apparel chain that promises deep discounts on brandname clothing, footwear and household goods opened its second Maryland...

Polk Audio Inc. (proxy report excerpts)(Company Profile)
September 15, 1995... Corporate Profile In July, Polk Audio Inc. announced first-quarter sales had risen 45 percent for this fiscal year, compared to last year, a good omen for the company's performance for the rest of the year. That's because sales are...

Chase to slash Md. workforce. (Chase Manhattan Bank of Maryland)
September 29, 1995... Crestar expected to keep 20% in merger Nearly 140 employees at Chase Manhattan Bank of Maryland MAY lose their jobs in November as the bank prepares to sell its six Maryland branches to Crestar Financial Corp. of Richmond, Va. Charles B....

Housing agency rejected. (Housing Authority of Baltimore)
September 29, 1995... Just weeks after expressing "delight" at landing the Housing Authority of Baltimore City as a tenant, the managers of an Inner Harbor office building apparently have changed their minds. Boston-based Beacon Management alerted city officials...

BGE-Pepco may snap up utilities. (planned merger between Baltimore Gas and Electric Co. and Potomac Electric Power Co.)
September 29, 1995... The proposed $15 billion merger between Baltimore Gas and Electric Co. and Potomac Electric Power Co. could have a direct impact on at least one neighboring utility company. If the deal is approved, industry analysts say, the combined company...

Panel urged not to spoil small group health law. (Baltimore Health Resources Planning Commission)
September 29, 1995... Fearing premium prices may run too high, business leaders and the state's medical society are urging state regulators to be cautious as they try to modify a one-year-old small business health insurance reform law. The state Health Resources...

PCS pioneer to move into Baltimore with store, offices. (American Personal Communications Inc.; Baltimore, Maryland)
September 29, 1995... American Personal Communications Inc. plans to open a retail store in downtown Baltimore and "several sales offices in the surrounding area" to coincide with the launch of its new wireless phone service later this year. The Bethesda-based...

Texas crafts-supply retailers bringing feud to Maryland. (Michaels Stores; MJ Designs)
September 29, 1995... A Texas feud is moving into the Baltimore/Washington retail arena. Irving, Texas-based Michaels Stores plans 10 stores in the Washington area and another five in Baltimore - a move that will likely hurt its chief competitor: MJ Designs - as in...

Congressional fight may ease Medicaid push, but cut Maryland funding.
September 29, 1995... GOP plan would cut paperwork on putting poor into HMOs Maryland health officials may no longer have to seek a federal waiver to put Medicaid recipients in managed health care programs under a bill now winding its way through Congress. The...

Wholesalers see market in ex-Soviet countries. (food wholesalers)
September 29, 1995... The break-up of the former Soviet Union left in its wake a number of fledgling republics, all trying to make the transition from state-controlled to market economies. The transition has been chaotic in many cases. But it also provides an...

Survey: high taxes hinder success of Md. businesses. (Maryland)
September 29, 1995... Proponents of a cut in Maryland taxes gained some ammunition this week with a new survey that shows that businesses find the state's high taxes the biggest disadvantage in operating here. The quarterly survey, released Thursday by the Maryland...

Penn Station overhaul brings in new retailers.
September 29, 1995... The revitalization of Penn Station took another step forward this month when two new retailers opened. Classic-To-Go, an upscale eatery, and Bucks County Coffee, a coffee shop, are operating under temporary leases at the train station along...

Shaab settles into new job - Tech Council's problem solver. (new Greater Baltimore Committee Regional Technology Council director Jane Shaab)
September 29, 1995... More than anything else, Jane Shaab wants to be known as a problem solver. And the new director of the Greater Baltimore Committee's Regional Technology Council is expecting to encounter her share of heavy challenges as she settles into a job...

The tally: 3 months, 4,000 hours of work so far. (planning for Pope John Paul II's visit to Baltimore, Maryland)
September 29, 1995... Walk into the makeshift Papal Visit office in the Columbus Center and you can't help thinking, "All this for a 12-hour visit?" In one corner, there's a communications office, where a staff of seven meets - often behind closed doors - to write...

'Secure' paper recycler draws clients. (Shred-All)
September 29, 1995... Shred-All joins growing competition for area's used products A national recycling firm has moved to Baltimore in the last few months, picking up 489 clients in the region. Shred-All, a Jackson, Miss.-based company, opened a...

New arrival Biosys moving again to cut costs.
September 29, 1995... Having just settled into new quarters in Columbia - minus two top executives - Biosys Inc. plans to move again to lower-rent space. The company, which makes environmentally safe pesticides, relocated during the summer from Palo Alto, Calif., to...

Competition heats up for car clubs. (Special Report: Automotive)
September 29, 1995... Competition among automobile clubs is as hot as the tempers of Bay Bridge drivers backed up on a holiday weekend. The granddaddy of the clubs is the American Automobile Association, with nearly 38 million members throughout North America and...

Home-based businesses find some county laws aren't cozy. (Howard County, Maryland)
September 29, 1995... John Garbart never expected working from his Columbia home would cause problems in the once-rural area where he lived. But when his neighbor started complaining to the Howard County government, the general contractor had to rethink his business...

Be very careful when launching any investigation. (part 6)
September 29, 1995... Last in a six-part series What should you do when you receive - directly, or indirectly via anonymous letters, telephone tips, etc. - information concerning internal thefts, other illegal acts, or otherwise business-threatening activities?...