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Crain's Cleveland Business articles from September 1999

25,455 total articles

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<a href="http://www.highbeam.com/Crain~P~s+Cleveland+Business/publications.aspx?date=199909" title="Articles and back issues from Crain's Cleveland Business">Crain's Cleveland Business articles</a>

Crain's Cleveland Business back issues from September 1999:

TIGHT MARKET TO CHALLENGE STAGNANT PAY.(Statistical Data Included)

Sep 06, 1999; ... Northeast Ohio employers are trying hard to keep a lid on wages next year, but the boiling labor pot caused by a long, hot job market may be about to spill over. ``Those who are projecting the same-old same-old wage picture are indulging in wishful thinking," warned Kenneth T ....

BIOTECH BACKERS EYE TOBACCO SUIT WINDFALL.(Statistical Data Included)

Sep 06, 1999; ... University and business leaders are pitching state officials on the concept of letting tobacco money cover the cost of building a more vibrant bio-technology industry in Ohio. State officials will issue this month a recommendation for how Ohio will spend its $9.8 billion share ...

LATE NEWS.(Brief Article)(Statistical Data Included)

Sep 06, 1999 ... Merchants make Arcade shuffle The street-level retail portion of the former Colonial Arcade, 530 Euclid Ave., reopened late last week as the Euclid Arcade was temporarily closed. The shuffle marked the next phase of the $35 million transformation of the landma rks as the ...

SHAMIS SHAPES AN ALLIANCE: INDEPENDENT ACCOUNTANTS TO SHARE SERVICES WITHOUT MERGING.(Brief Article)

Sep 06, 1999; ... Like many independent accounting professionals nationwide, Gary Shamis had tired of large multinational rivals targeting his clients. So he decided to get even. The managing part-ner of Saltz, Shamis & Goldfarb Inc. of Solon has convinced 19 of the nation's largest ...

BIOMEC INKS DEAL FOR CLINIC SOFTWARE.(Brief Article)

Sep 06, 1999; ... In a move to bring its first product to market, biomedical engineering start-up BioMec Inc. has signed a five-year licensing agreement to commercialize software developed by the Cleveland Clinic to measure brain atrophy in multiple sclerosis patients. The agreement gives ...

UNIT OF NORFOLK BUYS MAPLE HTS. CORPORATE PARK.(Brief Article)

Sep 06, 1999; ... A unit of Norfolk Southern Corp. has bought the 66-acre Tri-Mar Corporate Park in Maple Heights, perhaps for a freight transfer center as well as for industrial development. Southern Region Industrial Realty Inc. of Atlanta, a unit of the railroad, paid Tri-Mar Ltd. of ...

BREWERS POURING PLAN TO GO PUBLIC.

Sep 06, 1999; ... David Snyder and Chris Livingston are giving themselves less than four months to consolidate three breweries into a single, publicly traded beverage company based in Cleveland. The two founding partners of Snyder International Brewing Group LLC of Cleveland say they plan to ...

GIBSON MAY BE GOOD FIT FOR AMERICAN GREETINGS.(American Greetings Corp. may acquire Gibson Greetings Inc.)(Statistical Data Included)

Sep 06, 1999; ... While American Greetings Corp. in Brooklyn is looking for ways to grow its business, the company isn't saying if it still is interested in buying its beleaguered rival to the south -- Gibson Greetings Inc. in Cincinnati. The usually hush-hush American Greetings is keeping mum ...

NOSE FOR DOUGH.

Sep 06, 1999 ... Wherever there are large pots of money available to finance public policy initiatives, there are opportunities for abuse of the system. Uncovering such abuse and any lax program administration that may have contributed to it is imperative if taxpayer dollars aren't to be misspent, which ...

DETROIT SHOULD TEACH TEACHERS A LESSON.

Sep 06, 1999; ... You have to hand it to those teachers in the Detroit public schools: By striking now, early in the year when parents' expectations are highest and school officials hope to start turning away from decades of poor performance, the 7,200 teachers only reinforce the public's general ...

DATEBOOK.

Sep 06, 1999 ... Week of Sept. 11-17 Saturday Ten Commandments for Business Success & Choosing Your Business Structure. Sponsored by COSE Small Business Development Center. Tri-C Western Campus, 11000 Pleasant Valley Road, Room G4A/B, Parma. 10 a.m.-Noon. Free. Information, ...

GOING PLACES.

Sep 06, 1999 ... Job Changes Architecture BURGESS & NIPLE: Richard C. Beckert to director of transportation; Michael A. Woodring to civil engineer. DORSKY HODGSON+PARTNERS: Simon J. Hornung II to project manager. KA INC: Tom Milanich to executive vice ...

FINDING FUNDS FOR THE FINE ARTS: WITH PUBLIC MONEY IN SHORT SUPPLY, CORPORATE COFFERS SOURCE OF MUCH SUPPORT.

Sep 06, 1999; ... Advancing art is easy, financing it is not," laments Barbra Streisand on The Broadway Album. She easily could be speaking on behalf of business managers throughout the arts community in Cleveland. In an era of reduced support from public sources, arts organizations more than ...

BUILDING A BLOCKBUSTER: BIG-TICKET SHOWS DRAWING FLOCKS OF PEOPLE.

Sep 06, 1999; ... An art aficionado might trek to a museum on any given weekend to appreciate the brilliance of a favorite impressionist painting or a single Renaissance sculpture. But thousands of guests -- many with an appreciation for art but no particular background in it -- make the ...

EDUCATED EXPANSION: NEW STORES HIGHLIGHT HOLCOMB'S LESSON PLAN FOR GROWTH.

Sep 06, 1999; ... J R. Holcomb & Co., a seller of educational products, has put its retail division in an advanced placement program. The Cleveland-based company, which does business as Holcomb's Education Resource, is undertaking an aggressive store opening campaign in an effort to capture more ...

EARNING THEIR WAGE OFF THE STAGE: FOR AREA ACTORS, THEATER IS ONLY PART OF BUSINESS.

Sep 06, 1999; ... Shaker Heights actor Morgan Lund's work day may consist of rehearsing his lines for an upcoming part at the Great Lakes Theater Festival. Or he might be recording a voiceover for an industrial video. Or performing in a commercial. Or writing a theme park show script. ...

STUDY PUTS EYE ON LIFE AFTER TIME LIMITS.

Sep 06, 1999; ... While Cuyahoga County officials struggle to get 16,000 residents off welfare, local researchers are trying to decide what to do if they don't. Former Cuyahoga County commissioner Mary Boyle is heading up a research project to collect data on what has happened to welfare ...

RIDESHARE ROLLS OUT NEW APPROACH: BUT ODOT STILL MAY CUT FUNDING.

Sep 06, 1999; ... After more than 11 futile years of trying to convince commuters to carpool to work, directors of the state-financed RideShare program say they've finally found their niche: transportation for low- to middle-income workers. But their realization may have come too late. The Ohio ...

ZAREMBA TOWNHOUSE PROJECT SLATED FOR CLEVELAND HEIGHTS.

Sep 06, 1999; ... Nathan Zaremba is preparing to build a $3.2 million townhouse development in Cleveland Heights on Noble Road between Nela View and Greyton roads. Mr. Zaremba, president of Zaremba Cleveland Communities Inc., is best-known for building homes in the city of Cleveland over the ...

FOUNDATION OFFERS BOOST FOR BUDGETS: $10.5M TO BENEFIT ARTS GROUPS.

Sep 06, 1999; ... When 17 local visual and performing arts groups meet in Cleveland next week, they'll be getting more than a free lunch. They'll be learning how to share $10.5 million to help them do business better. The money, earmarked for operating budgets, is available through Building the ...

MUSEUM STORES GO EXTRA MILE FOR RIGHT MERCHANDISE.

Sep 06, 1999; ... Shopping for museum stores is a lot like shopping for a mall-based gift store: Price point, quality, and product availability determine the merchandise mix. But when museum shop managers set buying budgets and plan shopping sprees, they take other factors into consideration, too. ...

SAME SEATS, NEW FACES: HIP NEW SHOWS OPENING EYES OF YOUNGER AUDIENCES.(Cleveland art and theater institutions)

Sep 06, 1999; ... With everything from satellite television and streaming In- ternet multimedia to extreme sports and tribal raves to command the attention of the young, the fine arts might seem to be at a disadvantage in the competition for new audiences. After all, even an arts institution ...

GOING, GOING, NEARLY GONE.(Scranton Averell Inc. demolishes warehouse)

Sep 06, 1999 ... Scranton Averell Inc., a major property owner on Collision Bend near downtown, last week began demolishing a warehouse on Scranton Road facing the Cuyahoga River. Thomas Stickney, secretary of Scranton ...

COSE SHIPPING SERVICE FORCING SHIPPER TO PACK UP.(Council of Smaller Enterprises and Group Transportation Services Inc.)

Sep 06, 1999; ... Some local businesses have solved their transportation problems with the Council of Smaller Enterprises' one-stop shipping program, but they've also created a problem for Mike Valentine. It's a good kind of problem for Mr. Valentine, president of Group Transportation Services ...

SISTERS PLAN INFIRMARY BED CONVERSION FOR MARYMOUNT.(Sisters of St. Joseph of the Third Order of St. Francis)

Sep 06, 1999; ... The Sisters of St. Joseph of the Third Order of St. Francis plan to spend $2.2 million to improve their ability to take care of older members of its order. The sisters want to renovate and expand an infirmary on the Garfield Heights campus of Marymount Hospital to provide up to ...

FORMER RELIANCE TRIO REVVED OVER NEW MOTOR VENTURE: THREE FORM N. AMER. UNIT OF INDIAN COMPANY.(KEC North America Inc., a unit of Kirloskar Electric Co.)

Sep 06, 1999; ... Kirloskar Electric Co. in Bangalore, India, hardly is a household name in Northeast Ohio when it comes to industrial motors, but three former executives of Reliance Electric Co. plan to make it known in these parts. The three men -- Wayne G. Huron, James W. Ansberry and Glenn ...

BANKRUPTCIES.(tabular data)(Statistical Data Included)

Sep 06, 1999 ... These businesses recently have filed for protection from creditors in the U.S. Bankruptcy Courts in Cleveland. Under Chapter 11, a company files a reorganization plan that must be approved by the court. Chapter 7 is a total liquidation. Chapter 13 is personal bankruptcy. Dennis ...

CITY SLATED TO GET $8.4 MILLION TO EXPAND JOB TRAINING SERVICES.(Cuyahoga County Commissioners expected to approve money for Cleveland)

Sep 06, 1999; ... The city of Cleveland's one-stop job training centers will expand services for welfare recipients who must get jobs before their benefits run out, thanks to a grant from the state welfare-to-work program. The Cuyahoga County commissioners on Sept. 14 are expected to pass along ...

SOME POWER COMPANIES TURNING ON TO GREEN POWER.(Oberlin Power and Light Co. and American Municipal Power-Ohio offer electricity generated from renewable sources)

Sep 06, 1999; ... By early next year, residents and businesses in Oberlin and Cuyahoga Falls could be doing their part to improve the environment simply by flicking on their lights. The municipally owned power companies in the two towns are poised to begin offering "green" power to customers ...

WISE UP.

Sep 06, 1999 ... So far, U.S. District Judge Solomon Oliver Jr. hasn't displayed the wisdom of his namesake in his handling of a lawsuit challenging the constitutionality of Ohio's school voucher program. We would hope for less capriciousness from someone whose actions suddenly can disrupt the lives of so ...

LATE NEWS.

Sep 13, 1999 ... Developer preps Akron building Schipper Group, an Akron-based real estate developer and operator, plans to build an eight-story, $7 million office building at 219 S. Main St. in downtown Akron. President David Schipper said the 52,000-square-foot building is de signed to ...

GRAND OPENINGS.

Sep 13, 1999 ... Stefano Savoca Salon 5676 Mayfield Road Lyndhurst 44124 Stefano R. Marino and Scott Savoca have lent their names to a new business venture running a full-service salon in the Greens of Lyndhurst shopping center. Services range from haircuts, nail and ...

EDUCATION BLUEPRINT UNVEILED AT FORUM.(forum sponsored by the Greater Cleveland Growth Association, Cleveland Tomorrow, the Akron Regional Development Board, the Northeast Ohio Regional Business Coalition, and the office of Governor Taft)(Statistical Data Included)

Sep 13, 1999; ... The challenge of educating and training Northeast Ohio's future work force has been analyzed enough, and what is needed now is someone -- or something -- strong enough to make significant changes happen. So say business, academic and governmental leaders who in coming weeks ...

OPPORTUNITY CALLS VIA RADIO CLASSIFIEDS.(Opportunity Radio Inc., matching local employers with job applicants)(Statistical Data Included)

Sep 13, 1999; ... Michael Peters has some local employers and job seekers tuned to the same frequency when it comes to finding and filling jobs. Mr. Peters, president of fledgling Opportunity Radio Inc., is bringing the two together by broadcasting job openings six days a week on WJTB-AM, 1040, ...

BENNETT BUILDING WESTLAKE OFFICE PARK.(construction by Terry Bennett Builders and Remodelers)(Brief Article)(Statistical Data Included)

Sep 13, 1999; ... Home builder and remodeler Terry Bennett plans to diversify his construction efforts by month's end when he starts Millennium Office Park, a $2 million office building in Westlake. Millennium will be a 26,000-square-foot office building on a two-acre site that now is home to ...

EVEREADY ENERGIZED TO SELL BUILDING: APARTMENTS POSSIBLE IN OLD BATTERY PLANT.

Sep 13, 1999; ... Ralston Purina Co. quietly has closed its Eveready Battery Co. operation at 1280 W. 73rd St., putting the landmark building into play for residential or industrial redevelopment. The one-time battery plant already is drawing big-league interest, with developers James Carney and ...

MCDONALD BANK DEALS STILL SWINGIN'.

Sep 13, 1999; ... Charles Crowley has a simple message to all those who thought McDonald Investments Inc. would lose banking clients as a result of its merger last year with KeyCorp. ``Just look at the numbers. The merger hasn't affected our deal flow one bit," said the mild-mannered Mr ....

COUNTRY PURE JUICED TO SELL BOXED JUICES: $4M GOES INTO PACKAGING MACHINES.

Sep 13, 1999; ... Country Pure Foods Inc., an Akron fruit juice processor, hopes the installation of two new pieces of equipment will enable it to box up more business next year. The company is investing close to $4 million in two machines that will fill plastic-coated, foil-lined cardboard ...

CONSOLIDATED GRAPHICS CALLS OFF MERGER.

Sep 13, 1999; ... Consolidated Graphics Group Inc. of Cleveland, a computer graphics, multimedia and direct marketing firm, and a publicly traded Internet software developer from Michigan have called off their planned merger. Although the company terminated its proposed deal with Kalamazoo-based ...

SUDSY VENTURE LOOKING TO EXPAND: SOUTH AFRICAN SOAP MAKER SETS UP OUTPOST HERE.

Sep 13, 1999; ... A South African soap maker will use Cleveland as its base of operation to expand into the North American market. Simply Soapy South Africa of Johannesburg has wanted to establish an overseas operation from which to sell its glycerin-based soaps. The company settled on the ...

GOOD FIRST CUT.(Brief Article)

Sep 13, 1999 ... Over the next 25 years, the state will look to digest a $10 billion pie that is Ohio's estimated share of a lawsuit settlement with four big tobacco companies. The giant stash represents a unique windfall for the state, and the head of Ohio's Office of Budget and Management has taken a ...

MEDIA CONCENTRATION A GROWING CONCERN.(Brief Article)(Editorial)

Sep 13, 1999; ... It's not hard to understand the forces behind corporate mergers, and in the go-go economy we've had for most of the '90s, hordes of cash and appreciated stock values have made mega-deals more and more commonplace. Consequently, it wasn't altogether surprising to hear that Viacom, an ...

LETTERS.(Brief Article)(Letter to the Editor)

Sep 13, 1999 ... Editorial in error Editor: I am writing in response to the Aug. 30 editorial, "Why bother?" Simply put, this editorial is factually incorrect. A meeting was scheduled for Aug. 26 by the City Planning Commission to gather public input regarding the site ...

GIANT INSURANCE AGENTS EYE LOCALS: BUT MANY PRIME TARGETS AREN'T WILLING TO SELL.

Sep 13, 1999; ... The telephone calls used to come three or four times a year. Then they started coming three times a month. Now the phone is ringing so often that Ned Hyland, president of the commercial insurance agen-cy Todd Associates Inc. of Mayfield Heights, is annoyed. ``I'm ...

INDUSTRIAL PARK PLANNED FOR PORTAGE CTY.

Sep 13, 1999; ... It's pioneering time again in Portage County -- this time in Shalersville Township, a rural area with 5,600 souls immediately east of Streetsboro. Chardon real estate lawyer Joseph Svete and three unidentified partners plan to transform a 170-acre corn farm into Crane Creek ...

PROSPECTING FOR DOT COM BONANZAS: VENTURE CAPITAL FIRMS HERE ESCHEW OLD RULES IN PURSUIT OF NEW FRONTIER.(Editorial)

Sep 13, 1999; ... They've met in country barns and cramped Manhattan apartments. They've talked finance while jet skiing in Jamaica. Along the way, Cleveland's venture capital firms are discovering that the search for high-growth Internet investments can be every bit as venturesome as the ...

OPTIONS AVAILABLE FOR HANDLING TRICKY FOREIGN DEBT COLLECTION.(Editorial)

Sep 13, 1999; ... We shipped our product to a client in Europe who has been a good customer. Recently, we sent them the largest order ever. We have given them extended payment terms, but they are now running late. What are we to do?'' It's amazing how focused the mind can get when you realize a ...

PC-BASED PHONE SYSTEMS OFFER MORE FOR LESS.(Brief Article)

Sep 13, 1999; ... Today's personal computers wear many hats: computer, TV, stereo. And thanks to this age of telephone and data integration, a PC can be a pretty snazzy phone system as well. PC-based phone systems consist of a standard PC that has been equipped with telephony software and a ...

FAMILY BUSINESS OWNERS NEED TO SET ASIDE SOME TIME AWAY.(Editorial)

Sep 13, 1999; ... The constant pressures of running a business never are easy to escape, even for a moment. This is an especially acute challenge for an active owner of a family-owned business who, over the years, likes to have things done his or her way. Unfortunately, the unrelenting juggling ...

IRS RULING SPEEDS UP DEPRECIATION OF ASSETS.(Internal Revenue Service)(Statistical Data Included)

Sep 13, 1999; ... A Tax Court case and a subsequent Internal Revenue Service ruling have combined to accelerate depreciation on certain assets and to simplify the recapture of any missed deductions in prior years. As a result, the time is ideal for business owners to re-examine how certain ...

SUMMER SLUMP PUSHED ASIDE BY STRONG SURGE IN PRODUCTION.(Brief Article)(Statistical Data Included)

Sep 13, 1999 ... Northeast Ohio's manufacturing economy, which snoozed through most of a sultry summer, has come back to life just in time for fall. In its Business Survey Report for August, the Purchasing Management Association of Cleveland said there was a strong surge in production levels ...

ART OPERATIONS MOVE TO NEW DIGS.(Brief Article)

Sep 13, 1999 ... Two local art businesses are settling into new homes. The newly named Gallery Nine, formerly Ninth Street Gallery, has moved to a space at 700 Euclid Ave. downtown. It had been at the Ohio Savings Plaza on East Ninth Street. Co-owners Darin Brannon and Michael Parks ...

MORGAN STANLEY SUITS LIKELY TO OPEN FLOODGATES FOR MORE.(Morgan Stanley Dean Witter & Co.)(Statistical Data Included)

Sep 13, 1999; ... The day of reckoning is at hand for the biggest boys club in America. While Wall Street plays down three recent discrimination claims against Morgan Stanley Dean Witter & Co., industry observers say the situation is likely to spread to other companies. A recent change in the ...

PHS GIVEN MORE FINANCING, AN EXTENSION ON DEBT DEAL.

Sep 13, 1999; ... Primary Health Systems Inc. was granted an additional $3.5 million in financing late last month by the U.S. Bankruptcy Court in Wilmington, Del. The additional financing and an extension of Primary Health's debt deal with its bankers was granted through Dec. 10. The owner of ...

OHIO'S TORT RULING PROVIDING A RALLYING CRY FOR REFORMISTS.

Sep 13, 1999; ... COLUMBUS -- An Ohio Supreme Court decision overturning the state's comprehensive tort reform law may not be the last word on the subject, reform advocates say. Indeed, an official with the American Tort Reform Association in Washington, D.C., said the sweeping nature of last ...

ATTACKS ON CASH BALANCE PENSION PLANS UNRELENTING.

Sep 13, 1999; ... WASHINGTON -- The wave of attacks on cash balance pension plans shows no sign of letting up. The criticism of such plans is coming from a variety of fronts, and the potential consequen- ces of the negative publicity worry some pension professionals. They note that cash balance ...

LTV LOOKS FOR SALES HIKE FROM WEB SITE.(Brief Article)(Statistical Data Included)

Sep 13, 1999; ... LTV Corp. said prospects are good for rising steel sales through MetalSite, an Internet marketplace in which LTV owns a minority stake. ``Things have been going well and sales have been growing steadily," said LTV spokesman Mark Tomasch. He said the Cleveland steelmaker will be ...

DOWNTOWN BLDG. BOUGHT BY ROY GROUP.(Brief Article)(Statistical Data Included)

Sep 13, 1999; ... Roy Group, a real estate investment and development firm in Cleveland, boosted its downtown holdings by buying an unnamed three-story building at 2320 Superior Ave. downtown. Bruce Madorsky, Roy managing partner, said the company plans to spend about $600,000 restoring the ...

GREENLEAF PARTNERS MAKE EXIT TO LAUNCH FIRM IN LOW-KEY STYLE.(new firm known as North Point Financial Advisers)(Statistical Data Included)

Sep 13, 1999; ... For the second time this summer, a money management firm in the Cleveland area is struggling to keep its clients after key portfolio managers jumped ship. Greenleaf Capital Management LLC of Shaker Heights has lost 40% of its assets under management, or roughly $180 million, ...

A PIECE OF THE POOCH MARKET: DOG-FOCUSED BUSINESS VENTURES CAPITALIZE ON CANINE COMFORTS.

Sep 13, 1999; ... Some people in the food and restaurant business get to host elegant parties for holidays or special occasions. Marc Carroll gets to host 125 dogs in drag for Halloween. Not that Mr. Carroll would trade places with his fellow foodies. Not by a long shot. As the owner of Pavlov's ...

LAST CHANCE FOR LISTING.

Sep 13, 1999 ... Here's your last chance to make sure your health care related company or organization is listed in Crain's Cleveland Business' Who's Who in Health directory to be published Oct. 4. Please fill out the form and fax it this week to 216-522-0625 to make sure your company will be ...

REPUBLICAN FIGHTS TO SALVAGE TAX BILL'S PENSION PROVISIONS.

Sep 13, 1999; ... While the Republicans' $792 billion tax cut faces a certain veto from President Clinton this month, a key House Republican hopes an eventual compromise bill could include provisions that would make the most comprehensive changes in federal pension and retirement laws in the past 25 years. ...

CABLEVISION ADDS LOCAL PROGRAMMING: FIVE NEW SHOWS YET TO SPARK ANY INTEREST BY ADVERTISERS.(Brief Article)

Sep 13, 1999; ... Cablevision of Cleveland is sharpening its focus on locally produced programs without being sure what sort of financial and subscriber return it will yield. The cable operator is slated to debut five locally produced programs this week, but each of the shows has yet to garner a ...

AGENCY CAN CLEAR AIR FOR SMALL BUSINESSES.(Brief Article)

Sep 13, 1999; ... Mark Shanahan is trying to clear the air for small businesses when it comes to new, more stringent air quality rules. Mr. Shanahan, executive director of the Ohio Air Quality Development Authority, is touring the state informing businesses such as dry cleaners and auto ...

GOODYEAR'S GIBARA ADVISES AUTO SUPPLIERS TO ROLL WITH CHANGES.(Samir G. Gibara)

Sep 13, 1999; ... DETROIT -- The head of the world's largest tire company said automotive suppliers who want to continue riding the wave of good fortune that has swept the industry since the early 1990s should concern themselves with "the four Cs" -- cycle times, consolidation, customer needs and change. ...