Orlando Business Journal articles from June 1996

Orlando Business Journal archives from June 1996

New owner ready to pounce on computer storage market. (Seagate Technology Inc.)
June 28, 1996... When Seagate Technology Inc. acquired Conner Peripherals Inc. earlier this year, it picked up a small Conner division in Lake Mary that it really didn't want. Seagate realized Conner Storage Systems Group, which makes computer data storage...

Publisher inks big law directory deals. (Publishing Company of North America Inc.)
June 28, 1996... A Deltona publisher of legal directories, with $5.5 million in new stock offering proceeds, signed its largest two clients this month and plans to expand into Winter Park in July. The Publishing Co. of North America signed multi-year...

Ultramedix talks HMO deal with Columbia, gets CHPA. (Ultramedix Health Care Systems Inc.; health maintenance organization; Columbia/HCA Healthcare Corp.; Central Florida Community Health Purchasing Alliance)
June 28, 1996... Ultramedix Health Care Systems Inc. is negotiating an HMO contract with Columbia/HCA Healthcare Corp. to cover Central Florida. "We expect this to add significantly to our commercial provider network in this area," says Marianne Taylor,...

Suit against dealer claims Rolls-Royce had Cadillac roof. (William T. Corp, Sr.'s lawsuit against Massey Cadillac Inc.)
June 28, 1996... William T. Corp Sr. was anticipating a special kind of ride in the mint 1991 Rolls-Royce Silver Spur he thought he had purchased for $100,751. Instead, he got taken for one, according to his Orange Circuit Court lawsuit filed against Massey...

Move prepares Avid Neo Geo for growth.
June 28, 1996... Avid Neo Geo is having the types of problems most small businesses would love to have: an expanding business and not enough space. Founding partners Leslie Draper and Michael Speltz recently moved the 10-year-old company to new quarters that...

Getting a convention to run smoothly takes a lot of planning.
June 28, 1996... Without a little good fortune and some nifty networking, Theresa Tamer might have been sleeping in on a recent morning. Instead, it's early in the day and she's hustling through the public and work areas of a local hotel, checking on hundreds...

SunTrust's Lyman helps rich get richer. (SunTrust Banks of Florida Inc.'s Curtis Lyman)
June 21, 1996... Curtis Lyman carries a beeper and two cellular phones so clients can reach him anytime. He knows he must be accessible at all hours because of his weighty responsibility: managing an average of $15 million for each of his customers....

Small biz, small commissions. (health insurance agents)
June 21, 1996... Health insurance agents: Selling to little guys no longer worth it Local health insurance agents likely won't return phone calls in the near future to companies with fewer than four workers. That's because some insurance companies in...

Acoustic strategy: growth by acquisitions. (Acoustic Engineering)(Small Business Strategies)(Company Profile)
June 21, 1996... Acoustic Engineering is sending sound waves in Central Florida's luxury homes. When Daniel Wurl, CEO of the 4-year-old, Sanford-based company, relocated to Orlando from Chicago in June 1995, he was looking for a company to install a...

IRS trying to tax Benlate settlements. (taxes from the court settlements of Foliage Farms Inc.)
June 14, 1996... When two area wholesale nurseries collected sizable settlements from Du Pont over alleged fungicide contamination, the Internal Revenue Service demanded a share of the proceeds. The owners of Foliage Farms Inc. of Clermont and Patty's Nursery...

Pizzuti Realty President Jones resigns. (Pres. William R. Jones)
June 14, 1996... After leading Pizzuti Realty Inc. to $100 million sales periods over the past eight years, William R. "Bill" Jones has resigned as president to join Koll, a major national real estate services company based in Newport Beach, Calif. "They...

Landowners suing Sentinel cite ruling. (12-page ruling of the District Court of Appeal)(groundwater contamination case against the Orlando Sentinel)
June 14, 1996... They contend DCA decision allows suits for cleanup costs After 22 months of deliberation, the 5th District Court of Appeal in Daytona Beach has ruled a current owner of commercial real estate can sue the prior owner for damages and costs...

CEO: Hard Rock reunification helps expansion, diversification. (Hard Rock Cafe International Inc.)
June 14, 1996... Rank Organisation PLC's acquisition of Peter Morton's Hard Rock America positions Hard Rock Cafe International Inc. to proceed with its expansion and transformation from primarily a restaurant company to a music, leisure and entertainment...

Six Flags rumors flying again in local tourism circles. (Time Warner's Six Flags theme parks)
June 14, 1996... There's a noticeable buzz inside the tourism community that executives of Time Warner's Six Flags theme parks have been scouting spots in Central Florida for a possible ride park. It's not the first time the theme park company reportedly has...

Remodelling firm strives for 'personal touch'. (PSG. Construction Inc.)(Small Business Strategies)
June 14, 1996... Family owned and operated PSG Construction Inc. of Winter Park has soared to the top of the highly competitive commercial and residential remodeling industry in Central Florida in just nine years. Following in the general contracting...

United starts EverCare, state's first nursing home HMO. (United Health care Corp.'s health maintenance organization)
June 14, 1996... Multibillion-dollar managed care giant United HealthCare Corp. has quietly launched EverCare, Florida's first nursing home health maintenance organization. Started in Hillsborough and Pinellas counties, EverCare, begun April 1, is one of...

SabreTech, airport sign hangar lease. (Orlando International Airport)
June 7, 1996... Airline maintenance firm to add 500 jobs in 5 years The Greater Orlando Aviation Authority has completed a deal that will bring 500 jobs to Orlando over the next five years. The 10-year lease with SabreTech, a Phoenix-based airline...

Deals change face of billboard market; POA seeks new financial partner; Huizenga, like Paxson, makes entry. (POA Acquisition Corp.)
June 7, 1996... POA seeks new financial partner; Huizenga, like Paxson, makes entry Central Florida's outdoor advertising industry, much like the area's radio business, is in the midst of a buying binge that will permanently alter the Orlando ad landscape:...

TCE cleanup set to begin this fall. (trichloroethene)
June 7, 1996... Parties responsible for cleaning up contaminated ground water in downtown Orlando say a contractor will be hired this summer and a cleanup system operational in the fall. If all goes as planned, the removal of three plumes of chemical...

BellSouth Mobility plans office park in Lake Mary.
June 7, 1996... Hurstbourne Green Venture LLC of Lexington, Ky., has contracted to buy 17 acres at Shell Oil Co.'s Northpoint Park of Commerce in Lake Mary to build a two-phase, 300,000-square-foot office park for BellSouth Mobility's growing, 350-worker...

Press doubles its investment, sells WTKS back to Paxson. (Press Broadcasting)
June 7, 1996... Another Orlando radio station was drawn into the ownership consolidation vortex June 5 when Paxson Communications bought its sixth local station. The owners of WTKS-FM (104.1) did not want to sell the station to anyone. But Press...

Courthouse subcontractors still seek 'all parts of puzzle.'
June 7, 1996... Representatives of subcontractors on the $193 million Orange County Courthouse construction job say they still don't have the complete revised work schedules promised by the construction management team at a closed-door May 16 meeting....

Orlando hopes to get smart on transportation.
June 7, 1996... City has shot at grant to use computers to aid commuters If local officials get their way, area commuters next year will know the most efficient way to get to work before they get in their cars each day. Commuters also will know whether...