Corporate Detroit articles from January 1992

Corporate Detroit archives from January 1992

WJBK-TV sells psychographics. (information about Detroit residents)
January 1, 1992... In the male-bonding comedy, "City Slickers," Billy Crystal tries to explain to his wife why he is having a midlife, career crisis. "I sell air for a living," he says. And the broadcast salesman does, indeed, have a hard time trying to explain...

Will double dip cream the local economy? We'll see.... (business and economic forecasts for Detroit, Michigan)
January 1, 1992... Will we slip the doubledip? Economic soothsayers around the country predict the country will escape a second recession (the double dip), but a recovery will be slow in coming. Worse, "the possibility of a slide back into a recession is large...

Rising from the ashes. (Charley's Restaurant Group Inc.)(includes related article) (Company Profile)
January 1, 1992... It happened 16 years ago. Chuck Muer was up north at Boyne Mountain, in high spirits and looking forward to some time on the slopes. Getting away from the frantic pace of the restaurant business would do him good. He needed to breathe fresh...

Thorn Apple harvest. (Thorn Apple Valley Inc.'s financial success) (Cover Story)
January 1, 1992... Ten years ago, Thorn Apple Valley, Inc. was labeled an upstart from Detroit, the toughest of a new bunch of pork packers to cut into national companies like Oscar Mayer and Armour. This year, Thorn Apple tops the list of Corporate Detroit...

Top 40 stocks: what you should have bought. (Cover Story)
January 1, 1992... Sept. 1990 Sept. 1991 Percent rise 1. Thorn Apple Valley $3.83 $39.50 930.43% Thorn Apple Valley suffered losses in '89, but perked up big-time in 1990, with profits of more than $18 million. 2. Spartan Motors...

Appraisers get a band-aid. (new licensing regulations for real estate appraisers)
January 1, 1992... Let's say that the business you own has finally gotten over the hump, or that you've gotten that promotion you've been waiting for, have joined the echelon of upper management and are looking for a bigger, more impressive house as befits your...

The right stuff. (Saturn Electronics & Engineering's management) (Company Profile)
January 1, 1992... That Wallace Tsuha Jr., steward of a company not yet a decade old, was able to complete a major acquisition during a recession tells you how his company, Saturn Electronics & Engineering, is doing. Here's something that tells you how the man,...

The myth of Canadian flight. (Canadian firms relocating to Detroit, Michigan)
January 1, 1992... In late 1990, a new government, led by the unabashedly socialist and pro-labor New Democratic Party, took office in Ontario, and, since then, rumors of an impending mass exodus of Canadian businesses--already furious about high taxes, labor...

The trials of Olde Discount. (Herbert J. Burns, Olde Discount Corp.'s former CEO, found not guilty in embezzlement case)
January 1, 1992... On this cloudy November day, Herbert J. Burns knows what it means to wait. He's waited more than a year for his case to go to trial. Now Burns, whose snow white hair is whiter and thicker than John DeLorean's, is waiting for his very life....

The queen of Java. (Joanne Shaw, president of Coffee Beanery Ltd.) (Company Profile)
January 1, 1992... It's 7:45 a.m. and the RenCen is kicking into gear. Executives arrive, briefcases and newspapers in hand, and head for that first cup of jo of the day. What'll it be this morning? Hazelnut? Irish Cream? How about the Beanery Blend? This...

Orient express. (United Industrial Trading Corp., import company) (Company Profile)
January 1, 1992... Imagine you have a company that supplies small electronic parts to the Big Three. Suppose you are used to spending anywhere from $5,000 to $25,000 on tooling for a prototype before you can even begin production. One day, in walks a sales rep...

Mexico bound. (U.S. trade relations with Mexico)
January 1, 1992... The United States and Mexico are currently in the process of negotiating a North American Free Trade Agreement. If approved, it would become part of one of the most exciting developments over the last three or four years. Both the United...