Boston Business Journal articles from November 1991

Boston Business Journal archives from November 1991

$130M loss triggers state pension probe. (investigations on Boston's Pension Reserve Investment Trust's bad investments in real estate)
November 4, 1991... The Legislature's Joint Public Service Committee will begin a series of public hearings this week to investigate $130 million in losses state pension funds chalked up last year on speculative real estate deals. "The real estate portfolio in...

Minority businesses hampered by a lack of venture capital. (racial discrimination in lending)
November 4, 1991... The Federal Reserve study that exposed Massachusetts banks last month as refusing home mortgage loans to nonwhites three times as often as to whites did not go far enough in describing the credit crunch facing people of color, members of the...

Boston Edison shines a light on power poachers. (Boston Edison Co.'s Francis X. Downey provides revenue protection for its electric utilities)
November 4, 1991... Metropolis has Clark Kent. Gotham City has Bruce Wayne. And Boston Edison has Francis X. Downey. Behind the mild-mannered facade, Downey, a 43-year veteran of Edison, is one of the world's top power cops and a pioneer in the area of revenue...

Jordan Marsh. (Brief Article)
November 4, 1991... Bankruptcy reorganization plans for the owners of Jordan Marsh and Bloomingdale's department stores were approved by major creditors and a bankruptcy judge. Debt-ridden Federated Department Stores and Allied Stores Corp. filed Chapter 11 more...

Green Leaf Ventures. (Brief Article)
November 4, 1991... Restaurant chain owner Green Leaf Ventures of San Diego has won approval to buy all 218 units of Papa Gino's restaurants. Green Leaf also owns the Rusty Pelican and Carlos Murphy restaurant chains. Papa Gino's was founded 30 years ago by Helen...

Genzyme Corp. (Brief Article)
November 4, 1991... Genzyme Corp.'s third-quarter sales rose 138 percent over the year-earlier period to more than $33 million. Genzyme earned $5.2 million, or 22 cents a share, compared to a third-quarter loss last year of 6 cents a share. The Cambridge company...

New Hampshire Savings Bank. (Brief Article)
November 4, 1991... A suit filed by New Hampshire Savings Bank before it collapsed last month has caused the U.S. Justice Department to consider seeking criminal charges against former bank officials, according to The Boston Globe. The suit claims that five bank...

Sterling Bancshares Corp. (Brief Article)
November 4, 1991... PaineWebber raised its stock assessment of Waltham-based Sterling Bancshares Corp. to an "attractive" buy at $6.50 a share. Unlike many other banks in the region, Sterling's asset base is growing. It has recently acquired 13 branches of...

Boston Acoustics. (Brief Article)
November 4, 1991... Lynnfield's Boston Acoustics is one of 15 companies in the nation to make the Forbes magazine's "honor roll" of public companies with annual sales of between $5 and 350 million. To qualify, the companies had to have posted at least a 17 percent...

Case Shiller Weiss. (Brief Article)
November 4, 1991... Property prices may rebound, according to a study of regional housing trends compiled by Cambridge-based Case Shiller Weiss. The independent real estate research firm noted a 4.3 percent rise in the cost of single-family homes and a 9.2 percent...

English buy brings TSI closer to human testing. (purchase of Guy's Drug Research Unit, England, by TSI Corp.)
November 4, 1991... TSI Corp. injected itself into the human testing business last week with the $12 million purchase of Guy's Drug Research Unit, its seventh acquisition in two years. The Worcester biotech firm can now take other companies' products from test...

Ad wiz Eskandarian goes shopping again. (advertising guru Edward Eskandarian buys marketing company, Rapp Collins Marcoa)
November 4, 1991... Advertising guru Edward Eskandarian's buying binge continued last week when the company he heads, Emerson Lane Fortuna, announced that it had bought direct-marketing shop Rapp Collins Marcoa for an undisclosed amount. The acquisition was...

Picket lines. (Boston Globe Employees Association's contract negotiations with management)
November 4, 1991... The Boston Globe Employees Association (BGEA), which represents 1200 union employees at the newspaper, turned up the heat in its contract negotiations with management by conducting informational picketing at the Globe's headquarters last week....

Still buying. (Cape Cod Publishing Co.'s purchase of Cape Cod Newspapers, Massachusetts) (Brief Article)
November 4, 1991... The Fidelity publishing juggernaut (see BBJ, Aug. 12) rumbled on as Cape Cod Publishing, an arm of the mutual fund giant, announced last month that it was buying Cape Cod Newspapers, a subsidiary of Prescott Publishing. Prescott still owns the...

Wants license. (license to operate for Pizza Rock restaurant, Allston, Massachusetts)
November 4, 1991... Owners of the Pizza Rock restaurant in Allston, slated to appear in court later this month on charges of operating without a common victualer's license, have applied to the city for such a permit. Boston's Licensing Board is slated to hear the...

States file suit. (attorney generals in Massachusetts, Connecticut and Rhode Island sue New Hampshire for taxation of out-of-state owners of Seabrook nuclear power plant) (Brief Article)
November 4, 1991... Massachusetts Attorney General Scott Harshbarger and his counterparts in Connecticut and Rhode Island filed suit against the state of New Hampshire last week in the U.S. Supreme Court to overturn a tax on the out-of-state owners of the Seabrook...

Democrats try to boost business without Weld. (Democratic Party's economic development plan for Massachusetts; Gov. William F. Weld)
November 4, 1991... The snail's pace at which the Weld administration has moved to file its economic development package has created an opportunity for the Legislature's Democratic leadership to wrest the pro-business mantle off the governor's shoulders. While...

FDIC offers financing as carrot at property sale. (Federal Deposit Insurance Corp.'s financing offer as incentive for property buyers)
November 4, 1991... The Federal Deposit Insurance Corp. (FDIC) will try to unload $500 million worth of properties quickly next month in its largest national auction by providing financing to buyers. The FDIC's Dallas office will hold the auction on Dec. 12, and...

Hospitals vie for spoils from privatization. (hospitals in Massachusetts)
November 4, 1991... The privatization of up to 900 state hospital beds in the coming months promises to be a double-edged sword for many Massachusetts hospitals. While the Weld administration's plan will reduce excess capacity and improve the profitability for...

Stonyfield takes slow road to yogurt market. (Stonefield Farm's commitment to make high-quality products despite limited financing) (Company Profile)
November 4, 1991... Samuel Kaymen and Gary Hirshberg, founders of Stonyfield Farm, strive to be the Ben and Jerry of the yogurt industry. Like the Vermont ice cream gurus, Kaymen and Hirshberg market all-natural, premium products. The Londonderry, N.H., company...

Oil industry sees Hub parking freeze ahead. (full parking freeze in Boston and Cambridge, Massachusetts, as a way to comply with the Clean Air Act)
November 4, 1991... Oil industry officials claim that the state Department of Environmental Protection is quietly setting the stage for an expanded parking freeze in Boston and Cambridge. At issue are regulations to be promulgated by DEP in connection with the...

Nils L. Nordberg: ready to serve. (Massachusetts' Department of Employment and Training Commissioner)(Personnel File)
November 4, 1991... Position: Commissioner of the Department of Employment and Training Education: B.S., Cornell University, 1956 Age: 56 Nils L. Nordberg is not the type of guy to see the world through rose-colored glasses, but the commissioner of...

Internetworking seen as the wave of the '90s. (connecting offices through computer systems)(Focus: Telecommunications)
November 4, 1991... Despite the shrinking revenues of area leaders, it's not all doom and gloom these days in the Massachusetts computer industry. About a dozen telecommunications companies in the Massachusetts area are seeing sales swell and profits expand as...

Financial district is cable's final frontier. (Cablevision of Boston's business-oriented programming for the business community)(Focus: Telecommunications)
November 4, 1991... Time is money, information is power, and cable TV is as essential to success in the '90s as a telephone or fax machine. Or so Cablevision of Boston would like the city's business leaders to believe. "Given the nature of the world today, we've...

Mobile workers take their offices on the road. (cellular phone usage)(Focus: Telecommunications)
November 4, 1991... While driving home late one night after seeing a patient, the on-call nurse for the Hospice of the South Shore was paged. Returning the call on a portable cellular phone, she spoke into the microphone clipped to the sun visor. Her goal was...

Easel Corp. (Proxy Report Excerpts) (Company Profile)
November 4, 1991... THE BUSINESS Headquarters: Burlington Stock Symbol: EASL Market: NASDAQ Annual Revenue: $17,343,000 Net...

Marketing Strategies. (Advertising/Communications) (Brief Article)
November 4, 1991... Marketing Strategies of Rockland was selected agency of record for the graphic arts division at Optrotech, headquartered in Billerica. The agency will handle the company's newest product, the SPrint 110 imposetting system. Opritech produces...

Sharon Merrill Associates. (Advertising/Communications) (Brief Article)
November 4, 1991... Sharon Merrill Associates, a corporate communications agency in Boston, added Spinnaker Software Corp. to its client roster. Spinnaker develops and markets software applications and has recently established an international business division to...

Imprimatur Design Systems. (Advertising/Communications) (Brief Article)
November 4, 1991... Imprimatur Design Systems of Cambridge is developing the package design for Toucan Chocolates. The packaging will be entirely biodegradable or recyclable and consist of solvent-free adhesives and vegetable-based inks. Toucan is donating a portion...

BBL Advertising. (Advertising/Communications) (Brief Article)
November 4, 1991... BBL Advertising of Acton was named the agency of record for C & K Components, a design and manufacturing firm based in Newton.

Cambridge NeuroScience. (Health/Science) (Brief Article)
November 4, 1991... Cambridge NeuroScience filed a registration statement with the Securities and Exchange Commission for a public offering of 1.5 million shares of the company's common stock. All of these shares are being sold by the company. Smith Barney, Harris...

Badger. (High Technology) (Brief Article)
November 4, 1991... Cambridge-based Badger, a Raytheon company, was selected to provide engineering and procurement services at its new cracked-gas plant at Conoco's Humber refinery in the Netherlands. The new facility replaces an existing gas recovery plant and...

Raytheon Co. (High Technology) (Brief Article)
November 4, 1991... Lexington's Raytheon Co. was awarded a $53.8 million contract to provide Sparrow missile components to Japan in the form of learning assembly and test kits. Under the terms of the foreign military sale, Raytheon will deliver 320 Sparrow guidance...

Partnership raids land March Co. in court. (unpaid huge borrowings from its real estate limited partnerships)
November 11, 1991... IN JEOPARDY Limited partnerships from which the March Co. borrowed $150,000 or more. Amounts are current as of Aug. 5, 1991. Amount Partnership borrowed Essex March Credits...

The British are coming, the British are coming. (Jones Lang Wootton forms alliance with Weil Realty Advisors)
November 11, 1991... Real estate giant Jones Lang Wootton to pitch camp in Hub Packing a $50 million to $100 million plateful of capital to feed the region's cash-starved real estate community, industry giant Jones Lang Wootton has arrived in Boston. The...

Venture leasing blooms as biotech booms. (trend towards equipment leasing among biotechnology firms) (Industry Overview)
November 11, 1991... Biotechnology start-up BioTransplant expects to squeeze up to a year of extra life from its venture capital funding with an equipment leasing scheme that is catching on among local biotech concerns. The Charlestown-based company decided to...

Wal-Mart coming. (Wal-Mart Stores to open two stores in Massachusetts) (Brief Article)
November 11, 1991... Wal-Mart Stores, the nation's largest retail chain, will open its first two stores in Massachusetts, in Bellingham and Fairhaven, early next year. The company will also open a Sam's Club wholesale outlet in Westborough. Both Wal-Mart stores will...

Stardent Computer. (to close shop) (Brief Article)
November 11, 1991... Two years after its inception, Stardent Computer of Concord will close shop due to its rivals' ability to duplicate its sophisticated graphics capability and heavy-duty hardware at a fraction of the cost. According to Stardent chairman William...

Lotus Development Corp. (offers discounts to competitors' clients) (Brief Article)
November 11, 1991... Lotus Development Corp. is trying to win back customers by offering discounts to competitors' clients and requiring them to sign an agreement pledging to destroy all copies of other spreadsheets. Cambridge-based Lotus is playing tough to win back...

Commonwealth Mortgage Co. (its layoff insurance plan blocked by the Division of Insurance) (Brief Article)
November 11, 1991... Commonwealth Mortgage Co.'s plan to offer layoff insurance to homeowners was halted by the state Division of Insurance, which said the product would need its approval. Morgard Inc., the Pennsylvania firm that wants to sell the insurance to...

Pittsburgh Brewing Co. (to be sold to Michael Carlow) (Brief Article)
November 11, 1991... Pittsburgh Brewing Co., the nation's largest local brewery, will be sold to Pittsburgh financier Michael Carlow by the end of the year. Pittsburgh Brewing produces Sam Adams beer for local brewer Jim Koch, as well as its own Iron City beer....

Dynamics Research Corp. (accused of fraudulent billing) (Brief Article)
November 11, 1991... The U.S. Justice Department accused Dynamics Research Corp. of overbilling the Air Force on a software contract by charging the list price for goods it received at a 30 percent discount. The suit, filed in U.S. District Court in Boston, seeks...

Gaston & Snow. (about-to-close law firm promises to grant severance pay) (Brief Article)
November 11, 1991... The Boston law firm Gaston & Snow plans to close on Nov. 30 and said some employees will receive severance pay dramatically smaller than expected, according to the Boston Herald. Some employees were originally promised one week's severance for...

ImmunoGen. (files for common stock offering) (Brief Article)
November 11, 1991... Cambridge biotechnology company ImmunoGen has filed with the Securities and Exchange Commission to sell 2 million shares of common stock here and abroad. PaineWebber, Hambrecht & Quist and Montgomery Securities are underwriting the deal. Proceeds...

Genzyme growing. (acquires diagnostic enzyme products from Genecor International) (Brief Article)
November 11, 1991... Genzyme Corp. reported it has acquired diagnostic enzyme products from Genecor International of California. Genzyme plans to add the 20 U.S. and foreign patents to its diagnostic division in Cambridge.

Viewlogic Systems. (initial public offering) (Brief Article)
November 11, 1991... Viewlogic Systems will make an initial stock offering of 1.8 million common shares for a total of about $20 million. The stock offering of the Boston-based electronic engineering-design software developer will be underwritten by Donaldson, Lufkin...

Morse Shoe. (bankruptcy reorganization plan) (Brief Article)
November 11, 1991... A plan to reorganize Morse Shoe has been approved by the U.S. Bankruptcy Court in Boston. The plan would exchange $228 million in old debt for a 95 percent stake in the company and $50 million in new issues of convertible notes. Canton-based...

Beacon Cos. (grants financing to World Trade Center in Budapest) (Brief Article)
November 11, 1991... A new World Trade Center in Budapest that will include a luxury hotel has gained joint venture financing from Boston's Beacon Cos. This is the first joint venture between Beacon Cos. and the Hungarian company Autoker, an automotive company and...

Syratech takes its silver to market. (silver flatware and giftware manufacturer to go public) (Company Profile)
November 11, 1991... With only 44 shopping days until Christmas, Syratech, the sterling-silver flatware and giftware giant, is going public. The East Boston company's initial public offering of 3 million shares of common stock, at $14 to $16 apiece, comes at a time...

More acquisitions. (Norfolk Group acquires County Gazette and Milford Gazette) (Brief Article)
November 11, 1991... The Norfolk Group, a Fidelity Capital-backed publishing company, announced that it was buying two weekly newspapers to add to its 40-paper stable (see BBJ, Aug. 12). Worcester County Newspapers has agreed to sell the Franklin-based County...

Lilly sentenced. (real estate developer William W. Lilly convicted of bank fraud) (Brief Article)
November 11, 1991... "Condo King" William W. Lilly was sentenced to five years behind bars last week and fined more than $5 million in restitution to federal banking officials for an $11 million bank fraud. According to prosecutors, U.S. District Court Judge...

New group wants room in state tourism lobby. (Tourism Vault to represent Massachusetts' tourism industry) (Industry Overview)
November 11, 1991... A local group of high-powered hospitality executives are in the process of organizing a "Tourism Vault," a business round table designed to increase the industry's clout on Beacon Hill. "We need an organization that speaks for and represents...

Signature seeks patent for mutual fund wheel. (Signature Financial Group)
November 11, 1991... A few years back, Boston's Signature Financial Group came up with a nifty new way to structure a mutual fund. Now the four-year-old firm is trying to patent the concept before others in the industry pirate it. Patents may be common for...

WGBH finds words to bring videos to the blind. (movies with audio tracks that describe visual elements of the action)
November 11, 1991... The most ballyhooed scene in the blockbuster movie "Ghost"--in which Demi Moore and Patrick Swayze bring the art of pottery making to new erotic heights--contains no dialogue. If you were blind, you would need a sighted person to fill you in on...

Mousse kills head lice with kindness. (Copley Pharmaceuticals' medicated shampoo) (Company Profile)
November 11, 1991... Is the world ready for a kinder, gentler way to kill head lice? Paradoxical as that may sound, Canton-based Copley Pharmaceuticals is banking on it, especially given that the malady afflicts more than 12 million children annually. But while...

Energy discounts spark debate over wastefulness. (low costs of electricity may encourage overconsumption)(Focus: Energy)
November 11, 1991... The pro-business Weld administration and a business community desperate for any kind of break have muffled the cries of environmentalists protesting discounts some of the state's electric utilities have offered their corporate customers. In...

New Bedford, Taunton wary of coal plants. (opposition to proposed coal-fired energy plants in southeastern Massachusetts)(Focus: Energy)
November 11, 1991... There are storm winds blowing through Taunton and New Bedford that are stirring up dust. Coal dust, that is. In both southeastern Massachusetts cities, there are proposals to build coal-fired energy plants, the first such facilities to be built...

Mass. Electric gives a glimpse into the future. (Massachusetts Electric)(Focus: Energy)
November 11, 1991... Massachusetts Electric is expected this month to become the first electric utility in the state to go through a new regulatory process that puts control over energy supply in the hands of the market. Mass. Electric's Integrated Resource...

Kevlin Corp. (Proxy Report Excerpts) (Company Profile)
November 11, 1991... THE BUSINESS Headquarters: Wilmington Stock Symbol: KVLM Market: NASDAQ Annual Revenue: $10,002,000 Net Income: $554,000 Employees: ...

Kevin Harold. (Advertising/Communications) (Brief Article)
November 11, 1991... Kevin Harold was named publisher and chief executive of Networking Management magazine in Westford. He was previously senior vice president and national director of sales at Computerworld. Also, Sten Tallarida was named associate publisher of the...

Ron Benanto. (High Technology) (Brief Article)
November 11, 1991... Ron Benanto was appointed senior vice president of finance, CFO and treasurer for Viewlogic Systems, based in Marlborough. He is responsible for the management of the company's strategic financial planning, internal controls and international...

Stone & Webster Engineering Corp. (Services/Education) (Brief Article)
November 11, 1991... Stone & Webster Engineering Corp. elected Philip Garfinkel as chairman and Ben Charlson as president. Garfinkel will continue to serve as the company's CEO. Charlson had been a senior vice president since 1989. Stone & Webster is a Boston-based...

Cumberland Farms. (reduces staff) (Brief Article)
November 11, 1991... Canton-based Cumberland Farms said it has laid off between 110 and 120 employees from all areas of its operation. Positions in its retail, manufacturing and petroleum sectors were among those cut in an attempt to reduce costs. This was the first...

Designs. (plans stock offering) (Brief Article)
November 11, 1991... Newton retailer Designs plans to sell more than $10 million in common stock to raise money to open new stores and for working capital. PaineWebber is underwriting the sale for the retailer of Levi Strauss & Co. clothing.

Analysts wary of Bay State's fiscal woes. (Bay State Health Care Insurance Co.)
November 18, 1991... Chairman says HMO can return to profitability Bay State Health Care, the second largest health maintenance organization (HMO) in Massachusetts, may have difficulty convincing employers that the health plan is "sound and stable" in the wake of...

Hub syndicate buoys Cup bid. (America "America cubed" Foundation; America's Cup)
November 18, 1991... Former Boston businessman William Koch is betting $40 million that Massachusetts technology, brains and cash can overcome the experience and home-port advantage of defending America's Cup champion Dennis Conner when yachting's greatest spectacle...

After 10 years, Hambrecht & Quist emerges as a player. (Company Profile)
November 18, 1991... Last Tuesday, nearly two dozen new companies and scores of investors gathered at Rowes Wharf to sort out the difference between a Marcam and a Xyplex. The occasion was Hambrecht & Quist's first-ever East Coast underwriting conference. The San...

Fleet pinks Baybanks in credit duel. (Fleet/Norstar Financial Group Inc.)
November 18, 1991... BayBanks and Fleet/Norstar Financial Group are battling it out on their home turf for more credit-card business. In back-to-back, full-page newspaper ads, the two regional banks are waging a rate war. Fleet/Norstar, which moved into the...

Pulling out. (Liberty Mutual Insurance Co. to stop writing workers' compensation insurance in Rhode Island) (Brief Article)
November 18, 1991... Liberty Mutual Insurance Co. said it will stop writing workers' compensation insurance in Rhode Island as of Dec. 31. The company said the decision is due to the gap between state-set rates and the cost of claims. Liberty Mutual has nearly 30...

Coastal Oil New England. (Brief Article)
November 18, 1991... Revere-based Coastal Oil New England has begun to sign up independent oil businesses to sell fuel under the Coastal name. Company representatives believe Coastal can become the region's new, competitive supplier with a quality image. Coastal...

Digital Equipment Corp. (Brief Article)
November 18, 1991... Microsoft Corp. has joined forces with Digital Equipment Corp. of Maynard in a move that will give Digital a competitive edge over IBM. The alliance will be a collaboration between Microsoft's superior software capabilities and Digital's...

Banyan Systems. (Brief Article)
November 18, 1991... Banyan Systems of Westborough and Microsoft Corp. announced that they will be offering joint technical support to make it more convenient for their customers to solve technical problems with multivendor networks.

New drug approved. (Cambridge NeuroScience Research Inc. to develop and market pramiracetam) (Brief Article)
November 18, 1991... Cambridge NeuroScience won approval from the U.S. Food and Drug Administration to develop and market a drug it acquired from Warner-Lambert Co. The drug, called pramiracetam, is said to reduce side effects from electroconvulsive therapy, commonly...

Fibronics International. (Brief Article)
November 18, 1991... Wal-Mart Stores signed a $1 million contract for computer networking equipment from Fibronics International of Hyannis. The new equipment will facilitate inventory and distribution between Wal-Mart's 18 national warehouses and its headquarters in...

Chipcom Corp. (Brief Article)
November 18, 1991... Chipcom Corp. of Southborough filed with the U.S. Securities and Exchange Commission to make a public offering of 881,000 common shares. The stock sale of the computer network producer and distributor will be underwritten by Montgomery...

Vertex Pharmaceuticals. (Brief Article)
November 18, 1991... Also, Vertex Pharmaceuticals of Cambridge announced its intention to file with the SEC for an offering of 2 million common shares. A total of 1.6 million shares will be offered in the United States.

Cambex Corp. (Brief Article)
November 18, 1991... Waltham-based Cambex Corp. announced a two-for-one stock split of its outstanding common stock. The distribution will be on Feb. 14 to those shareholders recorded as of Jan. 31.

Covenant Investment Management. (Brief Article)
November 18, 1991... The investment advisory firm Covenant Investment Management released a study of what it deems to be the 200 most responsible large corporations in the nation. Affiliated Publications, Analog Devices, Digital Equipment Corp., Polaroid Corp., State...

Profits drop. (TJX Companies Inc.) (Brief Article)
November 18, 1991... TJX Cos. of Framingham had an 8 percent drop in net income for the third quarter, despite record earnings at its T.J. Maxx and Chadwick's stores. The company has seen a decrease in sales of women's career clothing sold at its Hit or Miss outlets,...

Alfred Dunhill of London. (Brief Article)
November 18, 1991... Newbury Street welcomed its third new men's clothing store this year. Alfred Dunhill of London now occupies 69 Newbury St., just yards from the new Giorgio Armani and Joseph Abboud stores, which also cater to men with expensive taste in clothing....

New England Electric sets its own clean air goals. (New England Electric System)
November 18, 1991... New England Electric System recently unveiled a new environmental program that calls for what it claims to be a 45 percent reduction in harmful smokestack emissions by the year 2000. The Westborough-based utility holding company also outlined...

New England Aquarium: move on hold. (plan to move from Central Wharf to the Charleston Navy Yard)
November 18, 1991... After watching the city's real estate market collapse around it, the New England Aquarium has finally relented and suspended plans to move the popular tourist attraction from Central Wharf to the Charlestown Navy Yard. The decision was made after...

MWRA: cleanup firm is disciplined. (Massachusetts Water Resources Authority; Peter Kiewit & Sons' Inc.)
November 18, 1991... A minority-owned subcontractor with the Boston Harbor cleanup project has accused prime contractor Peter Kiewit & Sons of forcing it off a job and taking over the work. The Massachusetts Water Resources Authority (MWRA) blocked the Omaha,...

Recontek: plant under fire. (hazardous-waste recycling facilities)
November 18, 1991... State environmental regulators say they may reconsider their initial decision to allow a California firm to build a hazardous-waste recycling plant here after learning of troubles at a similar facility in Illinois (see BBJ, July 23, 1990)....