Austin Business Journal articles from July 1990

Austin Business Journal archives from July 1990

RAI buys biotech firm and brings it to Austin. (Research Applications Inc., GenTrans Technology Inc., Austin, Texas)
July 2, 1990... RAI buys biotech firm and brings it to Austin An Austin venture capital firm bought a biotechnology company and is moving it to the Austin area. GenTrans Technology Inc., which is manufacturing a new type of test for diagnosing gonorrhea,...

You've gotta pay if you're gonna play music: ASCAP and BMI step up collection and enforcement of copyright laws. (American Society of Composers, Authors and Publishers, Broadcast Music Inc.)
July 2, 1990... You've gotta pay if you're gonna play music ASCAP and BMI step up collection and enforcement of copyright laws Well, if you're going to play that rock `n' roll music, any old way you choose it, without a license you can't use it. And...

SMS makes a Swiss sale. (Scientific Measurement Systems Inc., X-ray tomographic machine, Swiss Federal Laboratories for Materials Testing and Research)
July 2, 1990... SMS makes a Swiss sale Scientific Measurement Systems Inc. broke into the European market with the sale of one of its X-ray tomographic machines to a Swiss laboratory. The Swiss Federal Laboratories for Materials Testing and Research...

JRL and 3M sign agreement. (JRL Systems Inc., 3M Co. Engineering Systems Div., controllers for printers)
July 2, 1990... JRL and 3M sign agreement JRL Systems Inc., a small Austin electronics firm, has signed a $1 million deal to supply 3M's Engineering Systems Division with controllers for printers. The JRL controllers will allow 3M's laser printers and...

Yogurt chain chooses SMKF for ad account. (I Can't Believe It's Yogurt, Sicola Martin Koons Frank)
July 2, 1990... Yogurt chain chooses SMKF for ad account $1.5 million contract covers production, media planning and placement for ICBIY I Can't Believe It's Yogurt, based in Dallas, signed a $1.5 million advertising contract with Austin's Sicola...

Environmentalists draw bead on Seton's plans for incinerator. (Clean Water Action, Seton Medical Center)
July 2, 1990... Environmentalists draw bead on Seton's plans for incinerator Although Seton Medical Center's waste incinerator remains in the planning stages, activists have begun their battle against it. Clean Water Action, flanked by neighborhood...

Dell hints at new products at meeting. (Dell Computer Corp.)
July 2, 1990... Dell hints at new products at meeting In short, quiet annual meeting, Dell Computer Corp.'s chairman and chief executive officer said the company will introduce a new computer in the next two weeks, one of several "significant" new products it...

Video Associates Labs Inc. (names Howell Phelps president)
July 2, 1990... HOWELL PHELPS was appointed president of Video Associates Labs Inc.

Norwood buys Great Hills Plaza. (Norwood Properties, Great Hills Plaza building, Austin, Texas)
July 2, 1990... Norwood buys Great Hills Plaza Norwood Properties, in partnership with the American subsidiary of a British property company, bought Great Hills Plaza at 9600 Great Hills Trail. Neither the terms of the deal nor the identity of Norwood's...

Putting teeth in the CRA; lenders, customers await impact of strengthened reinvestment act. (Community Reinvestment Act)
July 30, 1990... Putting teeth in the CRA Lenders, customers await impact of strengthened reinvestment act Austin-area lenders, like their colleagues across the nation, are about to face unprecedented public scrutiny of their loan practices. For the...

Development constraints frustrate downtown warehouse area denizens. (Austin, Texas)
July 30, 1990... Development constraints frustrate downtown warehouse area denizens Just as in Czarist Russia, where ministers built fake villages to fool emperors into thinking the area was prosperous, the gleaming office towers clustered along Congress Avenue...

These commercials aren't just for peanuts. (Conquest Airlines ads produced by Television Group)
July 30, 1990... These commercials aren't just for peanuts Two Texas-based airlines prominently display peanuts in their advertising, but they're fighting for something much more valuable than a bag of dry-roasted goobers. They're fighting for passengers. ...

A gem of a deal; CJC says refinancing its LBO gives it more cash to aggressively pursue new markets. (CJC Holdings)
July 30, 1990... A gem of a deal CJC says refinancing its LBO gives it more cash to aggressively pursue new markets In arranging a refinancing of debt incurred by a leveraged buyout, CJC Holdings is bucking a trend and positioning itself for growth. ...

Austin firm licenses MCC process. (Austin American Technology licenses from Microelectronics and Computer Technology Corp.)
July 30, 1990... Austin firm licenses MCC process A small Austin company last week licensed semiconductor packaging technology from the Microelectronics and Computer Technology Corp. (MCC). The agreement is between Austin American Technology, one of two...

Report says other uses could be found for base. (Defense Department report on economic effects on closing Bergstrom Air Force Base)
July 30, 1990... Report says other uses could be found for base A recently released draft study of the local economic effects of closing Bergstrom Air Force Base first takes a worst-case view of the proposal, but then suggests a significant reuse of the base is...

Survey says firms in Texas accommodate work force diversity. (Towers Perrin and Hudson Institute report)
July 30, 1990... Survey says firms in Texas accommodate work force diversity Most Texas-based companies are following a national trend of reacting conservatively to changes developing in the demographics of the American work force, according to a recent survey....

Watchdogs are key to strong CRA enforcement. (Community Reinvestment Act)
July 30, 1990... Watchdogs are key to strong CRA enforcement While the rules for lenders have been toughened under the Community Reinvestment Act (CRA), the bottom-line question for bankers and community activists alike is whether federal bank examiners are...

Telemarketing firm opens in Austin. (National Market Share)
July 30, 1990... Telemarketing firm opens in Austin National Market Share, a New York-based telemarketing firm, announced last week that it is opening a phone center in Austin that will add more than $1 million to the local economy per year. The company...

Austin ad agency shakeout slows down.
July 30, 1990... Austin ad agency shakeout slows down Austin's advertising agencies are treading water. Many of the larger agencies are looking for clients outside Austin, outside Texas and even outside the United States, while waiting for the local...

Smooth client, agency fit requires balance. (selecting an advertising agency) (Austin Advertising)
July 30, 1990... Smooth client, agency fit requires balance Picking an advertising agency involves balancing business, creative and personality factors. "It doesn't just include the ability to do good creative or good media placement," says Tony Tilford of...

Agency evaluation; clients use various methods of grading the performance of their ad agencies. (Austin Advertising)
July 30, 1990... Agency evaluation Clients use various methods of grading the performance of their ad agencies The main measure for evaluation of an advertising agency by its clients is a quick increase in sales, according to Austin advertising agency...

Finding right agency can be a matter of luck. (selecting an advertising agency) (Austin Advertising)
July 30, 1990... Finding right agency can be a matter of luck It would be difficult to say Gilbert Amine of Rochelle Communications actually selected Diener-Triplett to be his advertising agency. Amine never even considered another agency. He met Jan...