Puget Sound Business Journal articles from February 1996

Puget Sound Business Journal archives from February 1996

Sundance eyes Seattle store. (Sundance Catalog Company Ltd.)
February 23, 1996... Robert Redford's catalog company looks for downtown site Robert Redford may be coming to Seattle, but don't look for the Sundance Kid in a clump of paparazzi. Redford's mail-order business, Sundance Catalog Co., is exploring downtown...

Wells can't bank on supermarkets. (Wells Fargo Bank N.A.)
February 23, 1996... Local rivals will compete for available in-store branch sites If Wells Fargo Bank is spoiling for a food fight, it'll find its Puget Sound rivals already hunkered down in the grocery aisles. San Francisco-based Wells Fargo is widely...

Sierra buy speeds software consolidation. (Sierra On-Line Inc.)
February 23, 1996... The acquisition of Sierra On-Line Inc. by CUC International Inc. signals a new phase in the rapid consolidation of the consumer software industry, local industry observers say. With a buyer from outside the software business offering nearly...

Ernst Home Center faces new problem. (Ernst Home Center Inc.)
February 23, 1996... As if Ernst Home Center Inc. wasn't having enough trouble with shuttered stores and slumping sales, it now has something else to worry about: Its parent company and majority shareholder has defaulted on $106 million in long-term debt,...

Lamonts sells Alderwood Mall site to gain cash. (Lamonts Apparel Inc.)
February 23, 1996... 13 months into Chapter 11, creditors are hopeful Lamonts Apparel Inc. has sold its Alderwood Mall store site as part of a restructuring that creditors hope could bring it out of Chapter 11 bankruptcy protection later this year. The...

Alcide Corp. (proxy report excerpts)(Company Profile)
February 23, 1996... 8561 154th Ave. N.E., Redmond, WA 98052, (206) 882-2555 Alcide is engaged in the research, development and commercialization of infection-control products for animal health, human health and industrial applications. The company was...

New wrinkle at Pacific Linen: no more stores until shortage of growth capital is ironed out. (Pacific Linen Inc.)
February 16, 1996... Pacific Linen Inc. has exhausted last year's $10 million infusion of growth capital and placed 1996 expansion plans on hold until it can find additional investors. The Bothell-based retailer has hired an investment banker to seek funds for a...

A chance meeting launched Woodward's ne career - Boeing. (Ron Woodward; Boeing Commercial Airline Group)
February 16, 1996... Ron Woodard always thought he would become a doctor, like his father. The plan was that Ron would inherit his father's practice so his parents could retire and go traveling. It was a random encounter one rainy day in 1966 that set young...

Muzak cues up an effort to play DJ to the Internet. (Muzak L.P.'s MusicServer service over the World Wide Web)
February 16, 1996... The sound of Muzak is coming to cyberspace. The environmental music company is leveraging its vast library and experience to launch an online service that will let music retailers, record labels and radio stations showcase their wares over...

Esterline Technologies Corp. (proxy report excerpts)(Company Profile)
February 16, 1996... 10800 N.E. Eighth St., Bellevue, WA 98004, (206) 453-9400 Esterline is a diversified manufacturing company involved in a variety of general manufacturing industries, including electronic equipment, metal fabrication, commercial aerospace and...

Todd Shipyards stakes its future on a transformation. (Todd Shipyards Corp.)
February 9, 1996... When Todd Shipyards Corp. won the contract to build three Washington state ferries for $182 million - $58 million less than a consortium of local shipyards - some people on the waterfront muttered Todd had bought the job. What they didn't...

BFI rumbles into garbage industry here. (Browning-Ferris Industries Inc.)
February 9, 1996... Competition is heating up in Washington's recycling and solid waste collection industry with the arrival of Browning-Ferris Industries Inc., the nation's second-largest handler of solid waste. Although the acquisition spree Browning-Ferns...

Organik Technologies Inc. (Proxy Report Excerpts)(Company Profile)
February 9, 1996... 1919 70th Ave. W., Tacoma, WA 98466, (206) 564-1400 Organik Technologies is engaged in the development and enhancement of its proprietary process technology that combines special techniques for knitting, dyeing and finishing cotton yarn to...

Thomas Kemper Soda brews plans for growth. (Thomas Kemper Soda Co.)
February 2, 1996... In a big brick building just up from the banks of south Lake Union, Max and Laura Clough are making vats of thick, foamy root beer. Although their Thomas Kemper Soda Co. has been selling honey-sweetened soft drinks since 1991, the company is...

American Flywheel seeks $25 million energy boost. (American Flywheel Systems Inc.)
February 2, 1996... American Flywheel Systems Inc. is racing to establish a lead in the crowded but promising market for flywheel-based energy storage systems. To get ahead, the Bellevue-based company is putting together a $25 million private placement that is...

Starbucks Corp. (Proxy Report Excerpts)(Company Profile)
February 2, 1996... P.O. Box 34067, Seattle, WA 98124, (206) 447-1575 Starbucks purchases and roasts high-quality, whole-bean coffees and sells them, along with brewed coffees and Italian-style espresso beverages, primarily through company-operated stores and...

Emerald Graphics purchase is just the beginning, buyer says. (acquisition of Emerald City Graphics Inc. by Consolidated Graphics Inc.)
February 2, 1996... Kent-based Emerald City Graphics is being acquired by Houston-based Consolidated Graphics Inc., marking the latest in a series of acquisitions by national companies that has transformed Washington's printing industry in the last two years....

To grow north or east, that's the WSCTC question. (expansion plan of Washington State Convention and Trade Center)(Special Report: Meetings, Conventions & Hotels)
February 2, 1996... This is an important year for the team that plans to more than double the exhibition space of the Washington State Convention and Trade Center, even though actual ground-breaking doesn't figure to start until 1998. Most importantly, an...