Corporate Detroit articles from March 1992

Corporate Detroit archives from March 1992

Company specializes in 'environmental wellness.' (Traverse Group Inc.) (Company Profile)
March 1, 1992... A forklift, backing up, accidently bumps a barrel of petroleum sludge and it topples over, spilling its toxic pollutants into the soil. The driver doesn't notice; three months later an inspector does. The fine levied may exceed $50,000. But it...

Firm steers investors clear of bear markets. (Flexible Plan Investments, Ltd.) (Company Profile)
March 1, 1992... Jerry Wagner, president of Bloomfield Hills-based Flexible Plan Investments, Ltd., founded his investment firm on the premise that he could foresee both bear and bull years and manipulate investments to avoid heavy losses. And, according to...

Liquidation - no longer a dirty word? (Norman Levy Associates holds auctions for partial sales and complete liquidations) (Company Profile)
March 1, 1992... Company liquidations -- converting assets to cash -- are occurring with greater frequency, thanks to the recession. But a shift in corporate attitudes is also responsible for the trend, according to Robert Levy, president of Norman Levy...

The Wasserman connection. (American Distribution Systems president Rodger Wasserman) (Company Profile)
March 1, 1992... Rodger Wasserman used computers and a hands-on approach to take his distribution company from bankruptcy to $16 million in sales. Rodger Wasserman sits back on a thick couch in his airy, southwestern-style office and laughs. "Don't get me...

Paper empire. (Adams Communications' Daily Tribune and Macomb Daily) (Company Profile)
March 1, 1992... The Daily Tribune and the Macomb Daily were once just newspapers. Now they are a parable of the '80s. Thursday, Dec. 12, 1991, the Fox and Hounds Restaurant in Bloomfield Hills. About 150 persons are gathered to eat pasta at the annual awards...

The man who would be mayor. (Dennis Archer)
March 1, 1992... Item: Dec. 16, 1990. Bob Talbert's Insider Notebook in the Sunday JOA edition of the Free Press and News says that Dennis Archer is viewed by some black political insiders as "a silk-stocking elitist" and may end up being seen as "the white...

"We've come to accept the unacceptable." (interview with Dennis Archer, mayoral candidate in Detroit, Michigan) (Interview)
March 1, 1992... In a wide-ranging interview, Dennis Archer sat down with Corporate Detroit Magazine Senior Editor Tom Henderson and discussed his possible run for mayor, the state of the city, and the likely direction of his relationship with the metro Detroit...

Fallen star. (Irwin Magnetics) (Company Profile)
March 1, 1992... Ann Arbor's Irwin Magnetics was caught in a corporate cross-fire, and even its founder's secret buy-out offer couldn't rescue it. Irwin Magnetics, the Ann Arbor tape drive manufacturer, was more than a successful business. It was a...

Goodbye Columbo. (Quest Management Systems, a competitive intelligence software development and consulting firm)(includes related article) (Company Profile)
March 1, 1992... Companies today are taking intelligence-gathering seriously -- but don't expect any trench coats or listening devices. Pssst! Over there. You in the trench coat. I see you're spying on your competitors. Good idea. But I've got to be honest....

Developing without debt. (Dave Johnson of Victor International Corp. finances his development projects himself) (Company Profile)
March 1, 1992... For years, Dave Johnson was an anomaly, but the times caught up with him. Even President Bush says the economy is in "free fall," and banks are tighter with their money than an old immigrant woman who keeps her cash pinned to her underwear....

Taking on Japan. (high technology firm Sensor Adaptive Machines Incorporated) (Company Profile)
March 1, 1992... Through an Ann Arbor-based consortium, companies are tapping into the government's -- and each other's -- wealth of research. A blueprint of a disassembled car hangs on the wall at Sensor Adaptive Machines Incorporated (SAMI), a machine...

Will Detroit get enough Popcorn? (futurist and marketing guru Faith Popcorn)
March 1, 1992... Marketing guru Faith Popcorn has a few words of advice for Detroit's home builders and car makers. A few years ago, most Americans had never heard of Faith Popcorn. But now the futurist and marketing guru to Fortune 500 companies -- with her...