Business First-Columbus articles from July 1996

Business First-Columbus archives from July 1996

Marzetti expands its Clintonville land; company buys former location of Warehouse Club. (T. Marzetti Co.)
July 5, 1996... Lancaster Colony Corp. has bought some elbow room for its T. Marzetti Co. plant on Indianola Avenue in Clintonville. T. Marzetti has purchased nearly 8.4 acres south of its 3838 Indianola plant for $2.05 million, a parcel more than twice the...

Cord Camera clicks with shuttered banks. (Cord Camera Centers Inc. purchases former bank properties)
July 5, 1996... Cord Camera Centers Inc. is refocusing its expansion strategy on former bank properties. The Columbus-based camera and film processing retailer has spent $1.23 million to acquire three former Star Bank branches. At least one of the properties...

Scriptel Holding settles suit with co-founder Venetis. (Nicholas G. Venetis)
July 5, 1996... Scriptel Holding Inc. is settling lawsuits and raising cash, but continues to write mounting losses totaling more than $35 million over the last three years. The Columbus computer accessories company has settled a lawsuit filed by a co-founder...

Crane hopes to build growth on new composite products. (Crane Plastics Company L.P.)
July 5, 1996... A local manufacturer of custom-made plastic components is moving into a new product line that is opening doors - and windows - of opportunity nationwide. Crane Plastics Co. this year began manufacturing with Strandex, a recently invented...

Kroger Co. (Proxy Report Excerpts)(Company Profile)
July 5, 1996... Company Name Kroger Co. Exchange NYSE Symbol KR Company Profile Kroger Co. operates supermarkets and convenience stores and processes food. The company operates approximately 1,277 supermarkets in 24 states and 931 convenience stores...

Great Lakes bank to flood market. (Great Lakes Bancorp)
July 12, 1996... Lender looks beyond grocery locations for new branches Great Lakes Bancorp plans to expand its Columbus shopping spree beyond area Cub Food grocery stores. The federally chartered savings bank, based in Ann Arbor, Mich., entered the market...

Sun shells out $1.5M to Oyster in severance. (Sun Television and Appliance Inc. former chairman and CEO Robert E. Oyster)
July 12, 1996... Sun Television and Appliance Inc.'s former chairman and CEO left the company in mid-June with a $1.55 million severance package. Proxy statements sent to Sun TV shareholders show Robert E. Oyster started receiving the first of 26 biweekly...

Rickenbacker air controllers push for PATCO comeback. (Rickenbacker International Airport)(Professional Air Traffic Controllers Organization)
July 12, 1996... PATCO is back - and hopes to unionize Rickenbacker International Airport. The Professional Air Traffic Controllers Organization union, decertified by President Ronald Reagan in 1981 after an illegal strike, has petitioned the National Labor...

Despite sale, local bank aims to keep small-town touch. (County Savings Bank)
July 12, 1996... So when was the last time your banker baby-sat your children while you attended the opera? Or picked up a deposit from you at home because you'd broken your leg? When was the last time you felt so good about your local banker that you threw...

Lancaster Colony Corp. (proxy report excerpts)(Company Profile)
July 12, 1996... Company Name: Lancaster Colony Corp. Exchange: Nasdaq Symbol: LANC Company Profile Lancaster Colony Corp. is a diversified company involved in the manufacture of automobile products, specialty foods, glassware and candles. Specialty foods...

Crosswoods reels in theater complex. (Greater Columbus, Ohio)
July 19, 1996... I-270 corridor becomes hot ticket for cinemas AMC Entertainment Corp. is about to expand its leading role in the market with a second 24-screen theater complex in Greater Columbus. Kansas City-based AMC, the nation's third-largest movie...

Columbus outpaces Midwest in population, job projections. (Ohio)
July 19, 1996... Columbus will lead Ohio and the rest of the Midwest in population growth and job creation in the next decade, a new study shows. A Business First study of U.S. Bureau of Economic Analysis' data projects the seven-county metro region's...

Markin loses her Golden Touch. (Barb Markin; Golden Touch Demos Inc.)
July 19, 1996... Huntington seizes assets of companies July hasn't been a good month for Barb Markin, one of the city's most recognized businesswomen. On July 10, Huntington National Bank slapped Markin and two of her businesses with a default action...

Three-C Auto continues on collision course for growth. (Three-C Auto Body Shop Inc.)(Company Profile)
July 19, 1996... Bob Juniper, who turned his dad's small auto-body shop into a multi-million dollar business when he started taking on the insurance industry four years ago, is predicting another growth explosion. Juniper, president of Three-C Auto Body Shop...

LCI International Inc. (Proxy Report Excerpts)(Taking Stock)(Company Profile)
July 19, 1996... Company Profile LCI International Inc. is a telecommunications company providing a variety of domestic and international voice and data services to commercial and residential customers. The company is headquartered in McLean, Va. and has a...

Pro-consumer message puts Jupiter sales growth in orbit. (Jupiter Marketing and Advertising Inc.)(Company Profile)
July 26, 1996... A Tuscon, Ariz., firm that mimicked Bob Juniper's "consumer advocate" advertising campaign for Three-C Body Shop is one of many around the country that is also mimicking Three-C's success. Factory Paint and Body Inc. was cited by Entrepreneur...

'Dumpster diving' worries boost paper shredding trade. (Royal Paper Stock Co.)
July 26, 1996... Shredding documents before disposal has taken on a greater importance for many businesses today. Because of the power of computers, "you can go a lot farther with less information now. It can be a lot more damaging," says Laura Daly, marketing...

Insurers seek buyers in old communities.(Insurance Quarterly Inside Report)
July 26, 1996... After years of ignoring the insurance needs of urban home owners, many insurance companies are seeing profits and good social policy in the inner city market. The national trade press for the insurance industry has stepped up its coverage of...