The Business Journal - Serving Phoenix & the Valley of the Sun articles from October 1996

The Business Journal - Serving Phoenix & the Valley of the Sun archives from October 1996

Samaritan tosses out Columbia. (Columbia/HCA Healthcare Corp. rejected in its bid to partner with Samaritan Health System and Health Partners of Southern Arizona)
October 18, 1996... Columbia/HCA Healthcare Corp. has been squeezed out of a bid to partner with Samaritan Health System and Health-Partners of Southern Arizona. A select group of Samaritan and Health Partners board members met Wednesday afternoon and narrowed...

Valley business leaders fading away? (Sun Valley, Arizona's most influential business leaders)
October 18, 1996... Simply stated, the Valley is facing turnover in its leadership. In the past three years, The Business Journal has polled readers to determine the community's most-influential business leaders, and there has been relatively little change in the...

Arizona takes lead over Texas in Mitsui move. (Mitsui Components (USA) Inc.'s planned relocation to Arizona)
October 18, 1996... Arizona appears to be emerging over Texas as the immediate winner of a 100-employee manufacturing plant of a Tokyo-based conglomerate. Officials at Mitsui Components (USA) Inc., a division of Mitsui Mining & Smelting Co., have told economic...

Ugly Duckling account laid on Riester ad shop. (Ugly Duckling Corp.; The Riester Corp.)
October 18, 1996... When you're on a roll, you're on a roll. Phoenix ad firm The Riester Corp., which vaulted from industry obscurity to stardom when it won the state's $5 million anti-tobacco campaign, has snagged another of Arizona's largest pieces of...

Battery-charger test pact sparks local firm. (United Continental Inc.'s agreement to test microprocessor-controlled battery chargers)
October 18, 1996... A small Scottsdale business has reached a working agreement with an undisclosed "multibillion-dollar company" to test a new microprocessor that could boost the personal electronics market. United Continental Inc., a company operating with the...

Seeing big picture advances career. (SpeedFam Corp. Pres. Christopher Augur)
October 18, 1996... "It's easy to get overwhelmed with urgent issues and... miss half of the important ones." While his career has taken him to some of the world's largest cities and most exotic locales, SpeedFam Corp. president Christopher Augur said he is most...

Publisher makes big impression. (Everest Publishing Co. Inc.)(Keys to Emerging Businesses)
October 18, 1996... Everest Publishing Co. Inc. and its Southwest Creative Sourcebook may not be well known outside advertising and design circles, but it has become one of the fastest growing companies in the Valley, if not the country. Owner Joey Petelle has...

New York firm pays $31M for Sun Automotive. (United Auto Group acquires Sun Automotive Group)
October 25, 1996... After building the Sun Automotive Group into a cache of six high-end Valley auto dealerships over the past 16 years, its owners are driving off with $30.9 million in cash from the sale of the company. New York-based United Auto Group, which...

Phoenix General sale near. (John C. Lincoln Hospital and Health Center to acquire Phoenix General Hospital and Medical Center)
October 25, 1996... John C. Lincoln Hospital & Health Center has signed a letter of intent to acquire Phoenix General Hospital and Medical Center in north Phoenix. Doug Garner, administrator and CEO of Phoenix General, said the 97-bed hospital's board reviewed...

Ugly Duckling rival opens Tempe collections center. (AmeriCredit Corp.)(includes related article on AmeriCredit Corp.'s $175 million securitization)
October 25, 1996... An Ugly Duckling Corp. rival is moving into enemy turf. Fort Worth, Texas-based AmeriCredit Corp. opened a regional collections center in Tempe last week. Like Ugly Duckling, AmeriCredit Corp. buys and services sub-prime auto loans, which...

Tenet is back, with deal to buy OrNda Healthcorp. (Tenet Healthcare Corp.)
October 25, 1996... Samaritan Health System and HealthPartners of Southern Arizona thought they had gotten rid of Tenet Healthcare Corp. when the two Arizona health care providers rejected Tenet's bid to merge with them. But now, Tenet is back. Last week,...

Beer distributor plans to consolidate operations. (Shamrock Distributing Co.)
October 25, 1996... Shamrock Distributing Co., a leading regional distributor of Miller, Tecate and Dos Equis beers, is negotiating to consolidate its operations at a new 170,000-square-foot, $10 million facility at Sky Harbor Center in Phoenix. The company has...

Court rules temporaries are entitled to benefits. (temporary employees)
October 25, 1996... A case recently decided by the U.S. Court of Appeals Ninth Circuit is expected to have far-reaching implications for "contingent" workers and for job shops and companies that rely heavily on temporary employees. The court decided eight...

Boston Market carves niche. (restaurant)
October 25, 1996... Scottsdale developer sets sights on 160 new eateries Look for the number of Boston Market restaurants to mushroom in the Valley. As part of a much greater regional push than originally anticipated, Scottsdale-based BCE West LP has announced...

Tom Hatten keeps firm fit with focus on customer.
October 25, 1996... Tom Hatten strives as hard to keep his customers satisfied as they strive to improve their overall health, perhaps even harder. Hatten is president of Hatten Fitness Corp. The 5-year-old Phoenix company operates Mountainside Fitness Centers,...