Business First-Columbus articles from April 2000, page 4

Business First-Columbus archives from April 2000

Denison International plc.
April 21, 2000... Denison International plc's earnings rose nearly 10 percent during its first quarter, boosted by a strengthening worldwide hydraulics market. The Marysville manufacturer reported first-quarter net income rose to $3.2 million, or $0.28 per...

Superconductive Components Inc.
April 21, 2000... Superconductive Components Inc. reported net sales of $782,131 for the first quarter, compared to $587,717 for the same period in 1999. Unaudited earnings for the period were $9,836, or $0.01 per share, compared with $11,543, or $0.01 per...

Bank One Corp.
April 21, 2000... Bank One Corp.'s ailing credit card subsidiary pulled down earnings during the first quarter. The Chicago-based bank reported net income fell 40 percent during the first quarter to $689 million, or $0.60 per share, from $1.15 billion, or...

Borden Chemicals and Plastics LP.
April 21, 2000... Borden Chemicals and Plastics LP reported earnings of $367,000, or $0.01.per share, for the first quarter, a significant improvement over the previous year's first-quarter loss of $5.6 million, or $0.15 per share. Meanwhile, revenues totaled...

Park National Corp.
April 21, 2000... Park National Corp. reported earnings for the first quarter rose $12.4 million, or $1.27 per share, compared to $11.6 million, or $1.18 per share, for the first quarter of 1999. Return on average assets was 1.90 percent, compared to 1.93...

Fifth Third Bancorp.
April 21, 2000... Fifth Third Bancorp's net income was $206.4 million for the first quarter, up 17 percent from $176.3 million for the same period last year. Diluted earnings per share were 0$.66, a 16 percent increase compared to $.57 per share for first...

National City Corp.
April 21, 2000... National City Corp. reported first-quarter 2000 net income of $321.3 million, or $0.53 per diluted share. By comparison and excluding nonrecurring items, net income for the 1999 first quarter was $347.9 million, or $0.53 per diluted share....

Cardinal Health inks Cigna deal.
April 21, 2000... Cardinal Health Inc. has signed a deal making it the exclusive wholesale pharmacy provider for Cigna HealthCare's mail-order and, online pharmacy service, Tel-Drug Inc. Cigna expects to purchase nearly $3 billion of pharmaceuticals from...

Cardinal Health in on Web joint venture.
April 21, 2000... Cardinal Health Inc. is among a group of five U.S. wholesalers of drugs and medical supplies that is creating a joint Internet site to sell the companies' products. The group has committed about $100 million to found NewHealthExchange.com,...

State Farm to lower rates.
April 21, 2000... State Farm Mutual Automobile Insurance Co. is lowering its insurance rates. As of May 15, the Columbus-based insurer will lower rates an average of 4.9 percent, which translates into total annual savings of to Ohio policyholders. The insurer...

Dominion homes sales rise.
April 21, 2000... Dominion Homes Inc. home sales rose 34 percent during the first quarter, from 453 to 608 homes. Sales value in the first quarter jumped nearly 50 percent to $110.3 million from $74.4 million the prior year. The company closed 359 homes during...

Longaberger makes $1M gift to Muskingum College.
April 21, 2000... Longaberger Co.'s foundation arm has made a $1.1 million gift to founder Dave Longaberger's alma mater, Muskingum College. With the gift, the Longaberger Foundation has created the Dave Longaberger Endowed Chair in Teaching and Learning. The...

Team America merger is off.
April 21, 2000... Team America's takeover by a Denver investment firm is off. The Worthington-based professional employer organization announced April 13 that Global Employment Solutions Inc., which is controlled by KRG Capital Partners LLC of Denver, has...

Worthington Industries moves to New York Stock Exchange.
April 21, 2000... Worthington Industries has moved its listing to the New York Stock Exchange. Company officials said the April 19 move was designed to increase the company's visibility to global investors. The new symbol is "WOR." The 45-year-old metal...

GREATER COLUMBUS BANK RATES.(Illustration)(Statistical Data Included)
April 21, 2000... GREATER COLUMBUS BANK RATES mortgage rates 30-yr fixed 15-yr. fixed Financial institution...

INDICATORS.(Brief Article)(Statistical Data Included)
April 21, 2000... The Leading Economic Indicators along with the Coincident Indicators and Lagging Indicators show the strength of the economy. The indexes include recent benchmark revisions. Revisions include changing the base year from 1992 to 1996 and...

High-yield convertible bonds show promise, gain interest.(Brief Article)
April 21, 2000... Dear Mr. Berko: Some years ago, you recommended five convertible bonds and convertible preferreds with yields above 12 percent. I bought all five. Three zoomed, one trades at where I bought it and the other went bankrupt. But I'm nicely ahead...

[2] Grossi Group.
April 14, 2000... Grossi Group, a marketing, video production, and public relations firm, received a Crystal Award of Excellence in the Communicator Awards 2000 Print Media competition. The Communicator Awards is a national awards organization that recognizes...

Grossi Group.
April 14, 2000... Grossi Group, a marketing, video production, and public relations firm, received a Crystal Award of Excellence in the Communicator Awards 2000 Print Media competition. The Communicator Awards is a national awards organization that recognizes...

Apartments, new office buildings dominate Continent rehab plan.
April 14, 2000... The Continent off Busch Boulevard would lose much of its retail space in favor of more apartments and office buildings under a proposal that developer Apollo Realty Finance Holding Co. has unveiled. Apollo, which has the North Columbus...

Office tenants beat the Blue Jackets into Arena project.
April 14, 2000... Contributors: Kathy Hoke and Brian Ball. Moving day is at hand for the downtown employees of First Union Securities. The retail brokerage on April 17 becomes the first tenant working out of the Offices at the Arena, even though less...

Shonac poised to relocate DSW center to air complex.
April 14, 2000... The shore retailing division of Schottenstein Corp. plans to move its distribution operations to the Columbus International Air Center on East Fifth Avenue. Shonac Corp., the parent of Designer Shoe Warehouse, wants to move in mid-2001...

Web site name, content changes get under way for Business First.
April 14, 2000... The Internet site for Business First is expanding its content and usefulness under a new name, bizjournals.com/columbus. "This is a new name for our new direction on the Internet," said Ray Shaw, chairman of American City Business...

Bridgeview course, range now among CSCC holdings.
April 14, 2000... Columbus State Community College now owns a golf course. And a driving range, restaurant and a party room, too. As a result of charitable largesse, the nearly 70-year-old Bridgeview Golf Course and Range on Agler Road in the city now...

BWC tables 2nd year of premium cuts after suit.
April 14, 2000... The state Bureau of Workers' Compensation had planned to give employers in Ohio another premium discount this summer, but the initiative has been put on hold. The bureau gave 275,000 employers a 75 percent reduction on their workers'...

Revamped Big Bear Plus a 'key test' for Penn Traffic.
April 14, 2000... Syracuse, N.Y.-based Penn Traffic Co., the owner of Big Bear supermarkets, is hoping Central Ohioans embrace a restyled Big Bear Plus store that has debuted in Hilliard. The Plus genre of the Penn Traffic's Big Bear chain is now...

Talk of IPO follows capital infusion for fourthchannel.
April 14, 2000... With another round of equity financing under his belt, this time to the tune of $20 million, Jonathan York is intent on moving fourthchannel inc. to the "next level" The 49-year-old chairman and chief executive says that includes...

Huntington debuts cash management product.(Brief Article)(Product Announcement)
April 14, 2000... Huntington Bancshares Inc. has introduced a cash management and small-business banking product for the Internet, dubbed Huntington View Internet. Huntington View gives businesses updated information around the clock. Available services...

Handful of small stocks get pushed over to 'pink sheets'.
April 14, 2000... The list of Columbus companies traded on Nasdaq's Over-the-Counter Bulletin Board has been pared, with three companies relegated to the "pink sheets" for not meeting eligibility requirements in time. The National Association of...

Old bank office to see end on North High St.
April 14, 2000... A National City Bank branch that's been downtown nearly 90 years will close next month. The office at 51 N. High St, near the intersection with Gay Street just north of the Greater Columbus Chamber of Commerce, is scheduled to close May...

Job training vouchers to be directed locally under plan.
April 14, 2000... A $10 million work-force development program is about to get under way in Franklin County, replacing a limited, bureaucratic system with a broader, free-market-based program. The collaboration between federal, county and city governments...

Lucent Columbus will share $85M contract.
April 14, 2000... Lucent Technologies Inc. has won an $85 million supply contract from Independent Wireless One,. a job that will be shared in part by Lucent's Columbus operation. The Murray Hill, N.J.-based Lucent will provide switching hardware and...

Labor aims for ballot issue on Ohio HMO liability law.
April 14, 2000... The AFL-CIO is gearing up to get a statewide proposition on the November ballot that would allow Ohio residents to sue their health maintenance organization for malpractice. "We have decided to move forward with that issue," said William...

Anti-violence campaign opens in Westland pilot.
April 14, 2000... West Side businesses willing to devote a little space and show their support for domestic violence awareness can obtain posters and other information from the United Way of Franklin County. Gail Nowosadko, United Way project coordinator...

Delaware bank jumps atop Internet transactions wave.
April 14, 2000... Delaware County Bank & Trust Co. has entered the online banking rush, in the process giving Delaware-area businesses a way to book bill payments more quickly. The bank has blanketed southern Delaware County and the city of Delaware with...

Speech and Hearing Center attracts tech GM to its top job.
April 14, 2000... Columbus Speech and Hearing Center has appointed a local business executive to run the nonprofit organization. Roy Smoot, 45, says he will use his business experience to expand the center's programs, which are funded mostly through fees...

Home Depot, 7-Eleven pacts power WDA&E's expansion.
April 14, 2000... Columbus-based WDA&E has expanded its design, site development and construction services with Home Depot Inc. in the Midwest while securing its first contract with the 7-Eleven convenience store chain. The architectural and engineering...

Young joins SIOR ranks.(Society of Industrial and Office Realtors.)(Brief Article)
April 14, 2000... Mike Young, NAT Welsh Cos.' managing director in Columbus, has for some time pushed his brokers in a quest for industry association "letters" behind their names. Now, Young has taken the advice himself. The Society of Industrial and...

Mastella at Ruscilli.(Brief Article)
April 14, 2000... Larry E. Mastella has joined Ruscilli Construction Services Co. as business development specialist. Mastella will market and develop general contracting opportunities for Columbus-based Ruscilli, including delivery of preconstruction,...

Quandel moves offices.(Brief Article)
April 14, 2000... Quandel Group Inc. has moved its area offices from Riverside Drive in Upper Arlington to 8181 Worthington Road. Its new phone number is 614-865-9000. The offices at the Laurel Health Care Co. building near the Polaris Amphitheater will...

Corna/Kokosing lauded.(Corna/Kokosing Construction Co. gets award for apprentice training program)(Brief Article)(Statistical Data Included)
April 14, 2000... An apprentice training program created by Corna/Kokosing Construction Co. has gained the Columbus general contractor a national award. The Associated General Contractors recently gave one of its two National Craft Training awards to...

OAR sponsors seminar.
April 14, 2000... The Ohio Association of Realtors will sponsor an appraisal education course April 25-26 at its downtown offices. The course, Cost and Income Approaches/Valuation of Partial Interests, is one of five the association has designed to meet...

Aggregator working Ohio ahead of power deregulation.(Brief Article)
April 14, 2000... As the opening of Ohio's retail electric market nears, businesses are falling into the sights of energy marketers that plan to offer savings through aggregation. Through so-called aggregation, electricity users pool their high-volume...

Huntington readies another wave of brand-building ads.(Brief Article)(Statistical Data Included)
April 14, 2000... Huntington Bancshares Inc., which spent more than $7.5 million on a 1999 television advertising campaign to raise its profile among banking consumers, plans to launch a similar effort this spring. Gary Harstick, the Columbus bank's...

GSW handling pain drug.(Brief Article)(Statistical Data Included)
April 14, 2000... Columbus-based Gerbig Snell/Weisheimer & Associates Inc. has been hired to market a treatment to help cancer patients cope with excessive pain. Anesta Corp., a pharmaceuticals maker from Salt Lake City, made Gerbig Snell its agency of...

But who's the girl?(Marketing the Mall at Tuttle Crossing.)(Brief Article)
April 14, 2000... The 16-page promotional "megalog" developed for the Mall at Tuttle Crossing will be mailed this month to Central Ohio residents who live within 5 miles of the northwest Columbus retail mall. On the cover is a woman wearing a straw hat and...

Jaron Terry Communications Ltd.(Brief Article)
April 14, 2000... * Jaron Terry Communications Ltd. of Columbus is writing up case studies for Redmond, Wash.-based Microsoft Corp.'s Web site. The firm also was hired to write newsletter articles and develop marketing communications collateral for Malvern,...

Dacenzo Perez Inc.(Brief Article)
April 14, 2000... * Dacenzo Perez Inc. helped Buckeye Ranch, a nonprofit organization offering mental health and rehabilitation for young people, with the ranchs inaugural Buckeye Ranch Film Festival held at Eastons Planet Movies. Kathy Showalter covers...

Grossi Group.(Brief Article)
April 14, 2000... * Columbus-based Grossi Group, a marketing, video production and public relations firm, won a Crystal Award of Excellence in the national Communicatar Awards 2000 print competition for its profile brochure for client Hurdzan-Fry Golf Course...

Mills/James Productions.(Brief Article)
April 14, 2000... * Mills/James Productions will provide stage and video production for the 2000 Save awards at the Palace Theatre on April 18. Other support is being provided by Limited Inc., Intimate Brands Inc., Columbus Education Association, Honda...

Tope Creative Group Inc.(Brief Article)
April 14, 2000... * Columbus-based Tope Creative Group Inc. completed designing a consumer education campaign for American Municipal Power-Ohio of Columbus, a wholesale power supplier and services provider for most of the state's 84 community-owned public...

Buyer may be stepping up for Reynolds subsidiary.(Brief Article)(Statistical Data Included)
April 14, 2000... Investment bank Credit Suisse First Boston has been hired to help Reynolds & Reynolds Co. spin off or sell its business forms printing unit. The Dayton company is looking to get the most out of its Information Solutions Group, which...

Cincinnati looks to pick off events from other cities.
April 14, 2000... Cincinnati convention boosters, weary of watching conventions in the Queen City get snapped up by cities with larger facilities, have launched a sales effort that targets towns with smaller centers. The effort has developed a prospect...

Huffy puts home office on the seller's block.(Brief Article)(Statistical Data Included)
April 14, 2000... Huffy Corp.'s bike division is moving the majority of its work force from its Dayton headquarters to its Springboro tech center, while getting the 50,000-square-foot home office ready for sale. The move is part of Huffy Bicycle co.'s...

Spartan gobbling up Seaway Food Town.(Brief Article)(Statistical Data Included)
April 14, 2000... Spartan Stores Inc. has agreed to buy Seaway Food Town Inc. of Toledo, the Michigan-based grocery chain's biggest acquisition. The deal for 47 Food Town supermarkets and 26 Pharm drugstores, which generated $659 million in combined...

Premier gets windfall in settlement with partner.(Brief Article)(Statistical Data Included)
April 14, 2000... A quarrel over money and control between Premier Health Partners and one of its owners has been settled. Denver-based Catholic Health initiatives has agreed to an arbitrator's ruling and will issue $60 million in bonds and pay $4.7...

Elsewhere in Ohio.(Brief Article)
April 14, 2000... * Summit Investment Partners, the money management arm of Forest Park-based Union Central Life Insurance Co., is creating a mutual fund with a twist on socially responsible investing. The Summit Total Impact Fund will be an enhanced Standard...

Bill offers victims of personal injury safeguard against factoring firms.(Brief Article)
April 14, 2000... Plaintiffs who choose to be paid in installments after winning personal injury lawsuits, but then decide they want all the money at once, could get protection from unscrupulous financiers under bills proposed by two southwestern Ohio...

Interest in China trade rises, but small firms still reserved.(Brief Article)(Statistical Data Included)
April 14, 2000... When Leon Trammell's Tramco Inc. entered China in 1985, the Wichita, Kan.-based manufacturer knew it had found a great potential market for its conveyors. "The grain industry's idea of transporting its product was one farmer carrying one...

Black Caucus wants respect from technology executives.(Brief Article)
April 14, 2000... A dozen members of the Congressional Black Caucus toured Northern Virginia's Internet corridor April 10 and delivered a message to the high-tech industry. "Don't take us for granted," Rep. Bennie G. Thompson, D-Miss., told technology...

HMO reformers blast industry's 'scare tactics'.(Brief Article)
April 14, 2000... Congress will miss its Easter deadline to resolve differences in the House and Senate versions of managed-care reform, but this failure to act quickly hasn't slowed the rhetoric over the issue. Members of Congress who want to allow...

Small businesses hurt by IRs accounting push.(Brief Article)
April 14, 2000... Congressional critics say the Internal Revenue Service is on a "mission" to force businesses to use the accrual method of accounting, which recognizes income when it is earned rather than when it is received, instead of the simpler cash...

'Great' managers deploy own, others' talents to succeed.
April 14, 2000... How would you like to be a great manager? How would you like a strong workplace where your employees consider your company a great place to work? How would you like to create and keep high performers? According to Marcus Buckingham and...

PARADE PREVIEW.
April 14, 2000... 2000 PARADE OF HOMES AT TARTAN FIELDS Custom homes should have custom heating, cooling The average new homeowner spends plenty of time with a builder discussing visual aspects of the home -- everything from carpeting and windows to...

PEOPLE ON THE MOVE.
April 14, 2000... ADVERTISING, MARKETING & PUBLIC RELATIONS Todd Heichel has joined Badertscher Communications Inc. as a copywriter, responsible for creative concepting, copywriting and public relations writing. Resource Marketing Inc. has hired...

Group in league of its own through political education.
April 14, 2000... The national origin of the League of Women Voters dates to the days of women's suffrage 150 years ago. Nowadays it plays a vital role in political education for citizens, said Julie Signor, president of the League of Women Voters of...

Foundation wants to give low-income youths a chance.
April 14, 2000... One evening in 1981, Steve Mariotti, the owner of a small New York import-export firm, was jogging in the city's Lower East Side. It was an evening run that would change not only his life, but the lives of thousands of young people across the...

Young and restless.
April 14, 2000... Instead of entering the work force, some youths are more interested in employing it At the tender age of 22, when most of her peers are entering entry-level jobs, Melissa Eck is testing the waters of entrepreneurship. In March, she...

SBA alliance aims to spur revit6alization.(Small Business Administration and National Trust for Historic Preservation to stimulate development of local commercial districts)(Brief Article)
April 14, 2000... The Small Business Administration has struck an alliance with the National Trust for Historic Preservation to encourage economic revitalization of local commercial districts in cities and smaller towns in rural areas. The agreement...

Tuxedo Classics.(buys Romanoff's Formal Wear)
April 14, 2000... Tuxedo Classics, owned by Bill Hypes and Aaron Roberts, has purchased Romanoff's Formal Wear, owned by Ivan Romanoff.

Pinnacle Data Systems Inc.(Brief Article)
April 14, 2000... Pinnacle Data Systems Inc. has recieved ISO 9002 registration for its company-wide quality management systems.

OhioCard Co.(launches OhioCard)(Brief Article)
April 14, 2000... OhioCard Co. will launch OhioCard April 21. The card combines Web-based advertising with a customer discount card.

ScanData Systems Inc.(contract with Bear Creek Operations)(Brief Article)
April 14, 2000... ScanData Systems Inc. completed implementation of a high-volume, direct-to-consumer shipping and carrier compliance system for Bear Creek Operations' Hebron and Medford, Ore., facilities.

Abrasive Technology.(Remote Online Customer Service)(Brief Article)
April 14, 2000... Abrasive Technology has introduced its Remote Online Customer Service, offering customers and distributors access to quotations, open orders and invoices on the Internet.

EDublin Counseling Center.
April 14, 2000... EDublin Counseling Center offers an anger management group from 7 to 8:30 p.m. Tuesdays and an alcohol education group, a six-week program, from 7:30 to 9 p.m. Wednesdays. Pre-group interviews are required for both. Meetings cost $40 per...

Sterling Commerce Inc.(to provide software for Pennsylvania Department of Transportation)
April 14, 2000... The Pennsylvania Department of Transportation will use Sterling Commerce Inc.'s Gentran E-Business Process Integration software and services to create a centralized Web site to automate invoice processing.

Greater Columbus private golf courses.(Illustration)(Statistical Data Included)
April 14, 2000... Greater Columbus private golf courses Ranked by United States Golf Association slope ratings FINAL FINAL 18-HOLE ...

Buy-sell contracts assure firm's future after shareholder is gone.(Brief Article)
April 14, 2000... Of all the pitfalls small-business owners confront, few are as traumatic as the loss of a co-owner. When two or more individuals open a business together, the retirement or death of one of them may be the furthest thing from their minds....

German Village Society.(finances Open Shelter Inc.)(Brief Article)(Statistical Data Included)
April 14, 2000... The German Village Society's Giving Rewards reinvestment program has chosen the Open Shelter Inc. as a recipient for the second consecutive year. Throughout the year, $15,000 worth of volunteer-directed investment dollars will be distributed...

OhioReads.(OhioReads Community Summer Reading Grants)(Brief Article)(Statistical Data Included)
April 14, 2000... The governors OhioReads program awarded 173 OhioReads Community Summer Reading Grants totaling $5 million. The grants went to organizations partnering with local school districts to offer summer reading intervention programs.

Disability Access Program Grants.(for Ohio schools)(Brief Article)(Statistical Data Included)
April 14, 2000... Ninety-seven additional state school districts are eligible for $5 million in Disability Access Program Grants to make school buildings more accessible for disabled students. The program is administered by the Ohio School Facilities...

Greater Columbus golf practice ranges.(Illustration)(Statistical Data Included)
April 14, 2000... Greater Columbus golf practice ranges Ranked by number of tees TOTAL TEES: PRACTICE PRACTICE RANGE NAME NUMBER ...

Beauty of your sales technique is in the eve of the beholder.(Brief Article)
April 14, 2000... Editor's note: Final article in a series. Trying to use a system of selling and it's not working, or at least not working well in all situations? No one system will work all the time, but specific elements of any system always will...

Shopping center headed to Delaware's west side.(Brief Article)(Statistical Data Included)
April 14, 2000... DELAWARE -- City planners are mulling over a proposed shopping center for an area just west of the city. The development would contain nearly 100,000 square feet of retail space, including a 55,000-square-foot Kroger store as the anchor...