Denver Business Journal articles from October 1996

Denver Business Journal archives from October 1996

Sportswear giant scales back. (Descente North America Inc.)
October 11, 1996... Descente North America Inc. has eaten some powder. The Englewood-based distributor of upscale ski and golf apparel, formerly Descente America, merged with its Canadian counterpart to become Descente North America Inc. The company has lost...

Housing headed for a fall?
October 11, 1996... Economists split on key indicator Colorado's economy holds housing as a wild card in its hand, with economists sweating to figure out how the residential construction market will play out next year. The state's top forecasters predict a...

DU's $150 million spree. (University of Denver, CO)
October 11, 1996... Construction explodes on campus Rivaling the Park Meadows mall in expense and square footage, the University of Denver's $150 million building spree is creating economic ripples across southeast Denver. The project is the largest in the...

Engine maker struggles to shift gears. (Unique Mobility Inc.)
October 11, 1996... If you could judge the stock price performance of Golden-based Unique Mobility on its ability to produce press releases, the company's shares should be trading in the stratosphere. Between June 1995 and September of this year, Unique Mobility...

Solution? try copier repair biz. (Office Solutions Inc.)
October 11, 1996... Office Solutions Inc., a Lakewood-based office machine supplier, has found a way to go head to head with the Xeroxes of the world - and win. Instead of fielding the legions of sales agents its giant competitors do, Office Solutions focuses on...

Herbal market keeps lab hopping. (Industrial Laboratories Inc.)
October 11, 1996... Industrial's specialization came at just the right time When Industrial Laboratories Inc. surveyed its broad array of services during a search for a specialty, one category rose to the top. Though the Denver lab had a solid client base...

Computer retailers square off.
October 11, 1996... Incredible Universe faces competition Incredible Universe may not be so incredible after all when one of its biggest competitors opens across the street next week. Dallas-based computer superstore CompUSA will open a 25,600-square-foot...

United to expand Denver training center. (United Air Lines Inc.)
October 11, 1996... Project expected to add 100 jobs In a stark contrast from acrimonious talks about Denver International Airport's baggage system, the city and United Airlines are expected to announce shortly a deal to expand the airline's flight training...

Cable TV stocks falling; TCI shares off 25 percent. (Tele-Communications Inc.)
October 11, 1996... Denver's lagging cable television stocks are giving a bad case of heartburn to chief executives and investors. But they may pull out of the doldrums. Tele-Communications Inc.'s Class A shares have fallen 25 percent this year to about $14 on...

InfoTest explores how to profit from Net. (InfoTest consortium)
October 11, 1996... Consortium hired to study effectiveness of advertising on the Web In his airy lower downtown offices, Troy Eid has been brainstorming about how the Internet can actually make money for businesses. "You cannot figure it out in a laboratory,"...

TCI planning purchase of D.C. cable system. (Tele-Communications Inc.; District Cablevision Inc.)
October 11, 1996... District Cablevision Inc., the minority-owned company that lends its name to the District of Columbia cable television system, plans to sell 80 percent of its stock to cable giant Tele-Communications Inc. Englewood-based TCI already operates...

Dial Corp. may shift to Denver; soap giant seeks location for HQ.
October 4, 1996... Soap giant Dial Corp. has washed its hands of Dial Tower in Phoenix and is considering metropolitan Denver, among other cities, for a new headquarters. According to sources familiar with the company's plans, Dial is considering a number of...

City golf courses back in the rough? Auditor: losses likely for links fund. (Denver, Colorado)
October 4, 1996... Denver's public golf courses will slip back into a deficit sand trap, according to a Denver City Auditor's Office review of revenues and expenses at the courses through the first nine months of 1996. Parks and Recreation reported it expected...

Mergers headed for record. (Colorado businesses)
October 4, 1996... A buy-sell frenzy among Colorado businesses has the state on track to break a record for mergers and acquisitions. Colorado companies more than doubled the number of mergers and acquisitions through the first nine months of the year,...

Neodata's low profile may end with '97 IPO. (Neodata Services Inc.)(initial public offering)
October 4, 1996... Neodata Services Inc. is the third-largest employer in Boulder County but, even though millions of Americans send it literally tons of mail daily, it's not exactly a household name. A big part of the reason for the relative anonymity of...

U S West will close worker training site.
October 4, 1996... Baby Bell to farm out education In yet another downsizing move, U S West Inc. will shut down its training facility in Lakewood and outsource much of the education handled there. The phone company expects to close the doors of its...

Conoco tries using Logic for gas station problems. (Logic Maintenance Services Inc.)
October 4, 1996... Conoco has struck a deal with a small Denver company that changes the way its Rocky Mountain gas stations fix problems. The retail gas giant, a division of DuPont, has signed a 10-year contract with Logic Maintenance Inc. that allows the...

Airport shuttle drivers vote to join union. (Denver International Airport; United Mine Workers)
October 4, 1996... Workers who ferry DIA employees expect to try for higher salaries The drivers who shuttle employees at Denver International Airport have voted to join the United Mine Workers of America, a move union organizers contend could reduce security...

Encore stretching will open 3 centers. (Encore Media Corp.)
October 4, 1996... Eleventh channel also in works Encore Media Corp., a programming unit of Tele-Communications Inc., is growing by leaps and bounds. Encore increased its work force by 30 percent this year. The company is opening three new sales offices...

StorageTek remodel accompanies reorganization; company spends $15 mil. on project. (Storage Technology Corp.)
October 4, 1996... Storage Technology Corp.'s most recent reorganization has led to a remodel of its Louisville headquarters. The data storage behemoth not only has to move the surviving operations from its soon-to-be shuttered 500,000-square-foot facility in...

Aurora biz expects to profit from electric dereg; I & C's revenue continues climb. (I and C Man)
October 4, 1996... The prospect of electric deregulation is already opening doors for one Aurora company. I & C Man, founded three years ago by Philip and Christina Huemmler, fills a gap formed by large industrial companies reorganizing or downsizing their...

Mercantile Square welcomes restaurant tenant. (Racine's and Goodfriend's restaurants)
October 4, 1996... The $18 million Mercantile Square project in lower downtown Denver will be completed about Feb. 1 with the opening of a new restaurant operated by the owners of the popular Racine's and Goodfriend's restaurants. The Tattered Cover was the...