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Fairfield County Business Journal articles from September 1991

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<a href="http://www.highbeam.com/Fairfield+County+Business+Journal/publications.aspx?date=199109" title="Articles and back issues from Fairfield County Business Journal">Fairfield County Business Journal articles</a>

Fairfield County Business Journal back issues from September 1991:

Part of Bullard Square complex stalled, owner files Chapter 11 reorganization. (Fairfield shopping plaza owner, Windsor Green Associates, files for bankruptcy)

Sep 02, 1991; ... Part of Bullard Square complex stalled, owner files Chapter 11 reorganization Cash flow problems, vacant space the cause FAIRFIELD, Conn. -- Part of a brand new, partially-completed $40 million retail and theater complex on the Fairfield/Bridgeport line may be in ...

Fortune 500 company makes move to Stamford from Westchester County. (Hewlett-Packard Co. relocates to Stamford, Connecticut)

Sep 02, 1991; ... Fortune 500 company makes move to Stamford from Westchester County STAMFORD -- Hewlett-Packard Co., a Fortune 500 firm, as part of an ongoing reorganization plan, will be moving out of its offices in Darien, Conn. and Purchase, N.Y., to new space in Stamford. The firm ...

Phibro Energy leases 113,000 square feet. (Phibro Energy Inc.)

Sep 02, 1991; ... Phibro Energy leases 113,000 square feet Phibro Energy Inc., the world's largest crude oil trading company and the fourth largest independent U.S. refiner, signed a long-term lease last week for 113,000 square feet of office space at the former Stauffer Chemical headquarters in ...

One realtor's opinion: developer set rents too high. (Gus Klarides of Cushman and Wakefield Inc. thinks Rosenhein Associates, owners of Bullard Square, charges too much)

Sep 02, 1991; ... One Realtor's opinion: developer set rents too high One local real estate agent said he has been looking for over two years for tenants to fill Unit Two of Bullard Square, and offered his insights into why Rosenshein might be experiencing difficulties filling the vacant spaces at ...

Goldman, Sachs eyes Westchester as possible relocation site. (Goldman, Sachs and Co.)

Sep 02, 1991; ... Goldman, Sachs eyes Westchester as possible relocation site NEW YORK, N.Y. -- Goldman, Sachs & Co., a privately-held investment banking titan based here, is considering Westchester County as one of several possible relocation sites. With its recent announcement, Goldman ...

Dinners delivered with style and panache. (profile of Bring Me My Dinner food delivery service) (company profile)

Sep 02, 1991; ... Dinners delivered with style and panache One enterprising entrepreneur is carving out a new business for himself and his sons, and helping area restaurant owners at the same time. Norwalk-based Bring Me My Dinner, an upscale food delivery service, was established in ...

Housing permit activity shows signs of leveling. (housing construction statistics in Connecticut)

Sep 02, 1991 ... Housing permit activity shows signs of leveling HARTFORD -- Housing starts throughout the state decreased in one month, said Henry S. Scherer Jr., the state housing commissioner. Connecticut communities authorized 766 new housing units in July, a decrease of 3.3 percent when ...

Connecticut Limo adds service. (Connecticul Limousine Service Inc.)

Sep 02, 1991 ... Connecticut Limo adds service Connecticut Limousine Service began scheduled service to Kennedy and LaGuardia airports from the Courtyard Marriott Hotel at 475 White Plains Road in Tarrytown. The limo service provides 19 trips each day to the airports, starting at 5:45 a.m. and ...

Compleat Angler snags a bank-owned building in Darien.

Sep 02, 1991 ... Compleat Angler snags a bank-owned building in Darien STAMFORD -- A building owned by The First Constitution Bank, located at 1089 Post Road, Darien, has been sold by Grubb & Ellis to The Compleat Angler, according to Sean Brown, vice President/district manager of Grubb & Ellis. ...

Giannone & Co. represents venture capital firm.

Sep 02, 1991 ... Giannone & Co. represents venture capital firm Giannone & Co. of Westport, Conn. announced their newly formed association, as owners, exclusive representative and advisor, to the national real estate fund, Reality Venture Capital Associates-I (RVCA.) Based in New York City, RVCA ...

Medical insurance skyrockets. (health insurance rates increase)(Focus: Insurance)

Sep 02, 1991; ... Medical insurance skyrockets "What do you mean another 25 percent rate increase for health insurance? How do you expect me to pay these costs? My people are working reduced hours and I may have to lay off some of them. We have a wage freeze in effect. I am taking every step I can ...

Government regulation threatens insurance industry, claim insurance professionals. (Focus: Insurance)

Sep 02, 1991 ... Government regulation threatens insurance industry, claim insurance professionals Malvern, Penn. -- Regulation poses the greatest threat to the future of the property and casualty insurance industry, say 45 percent of the CPCUs responding to a recent survey of The Society of ...

Fee-for service idea revamps life insurance industry. (Focus: Insurance)

Sep 02, 1991; ... Fee-for service idea revamps life insurance industry A revolution is taking place in the life insurance industry. It will benefit consumers and change the way you do business with a life insurance agent. Its advantages include lower costs, greater flexibility and more ...

Service America, Florida's New Vista join forces. (Service America Corp., New Vista Services)

Sep 02, 1991 ... Service America, Florida's New Vista join forces STAMFORD -- The recreational services division of Service America Corp., a $1 billion national food service company, has entered into a partnership agreement with Florida-based New Vista Services Inc. Both organizations ...

New state income tax won't hurt - too much. (personal income tax policy dampens efforts to lure businesses to New York State)

Sep 09, 1991; ... New state income tax won't hurt -- too much In the near term, the state legislature's decision to adopt a personal income tax is expected to dampen efforts to lure new businesses to the state, especially in Fairfield County. The damage, however, won't prove fatal, local business ...

Mortgage lender files bankruptcy amid slumping real estate market. (State Street Mortgage Co.)

Sep 09, 1991 ... Mortgage lender files bankruptcy amid slumping real estate market BRIDGEPORT -- State Street Mortgage Co. has filed for Chapter 11 reorganization in U.S. Bankruptcy Court, citing continued deterioration of real estate values and the economic recession as the cause. The ...

Construction to begin on Norwalk Shop Rite Plaza. (new major retail complex, a project of DiScala Fairfield Co.)

Sep 09, 1991; ... Construction to begin on Norwalk Shop Rite Plaza NORWALK -- A date for the groundbreaking of a major new retail complex in the city will be "announced at the end of the month or at the first of October," according to a spokesperson for the DiScala Fairfield Co., the firm handling ...

DRM will handle p.r. for Katherine Gibbs. (DRM Communications Group; public relations; Katharine Gibbs School Inc.)

Sep 09, 1991 ... DRM will handle p.r. for Katherine Gibbs NORWALK -- Katharine Gibbs School Inc. has named New haven-based DRM Communications Group to handle its public relations. Denise Rodriguez McLean, president of DRM, will develop and implement a program to include media relations and ...

Cognitronics puzzled by unexpected dip in price of its stock.

Sep 09, 1991 ... Cognitronics puzzled by unexpected dip in price of its stock STAMFORD -- In response to the recent decrease in its share price, Matthew Flanigan, president and chief executive office of Cognitronics Corp., said the company knows of "no reason" for the unusual activity. ...

Hyers/Smith wins U.S. Printing account. (United States Printing Ink Corp.)

Sep 09, 1991 ... Hyers/Smith wins U.S. Printing account United States Printing Ink Corp. has named Hyers/Smith Inc. of South Norwalk as its advertising agency. Hyers/Smith is responsible for all marketing communication activities, including advertising, media buying, sales promotion, ...

Firm provides Rx for headaches associated with medical claims. (David A. Testone Associates' medical claims processing and recovery service) (company profile)

Sep 09, 1991; ... Firm provides Rx for headaches associated with medical claims BREWSTER, N.Y. -- A business owner or consumer fed up with the paperwork and bureaucracy involved in dealing with health insurance companies may find some relief through a service company based in Brewster. ...

Getting to and from the airport is only a convenient limo ride away. (Connecticut Limousine Service)(Focus: Transportation)

Sep 09, 1991; ... Getting to and from the airport is only a convenient limo ride away One of the largest and oldest limousine services in the area, Connecticut Limousine Service, transported nearly one million passengers last year from Fairfield and Westchester County to the three major airports in ...

Restaurant, hotel industry shake-out looms as taxes, operating costs soar.

Sep 09, 1991; ... Restaurant, hotel industry shake-out looms as taxes, operating costs soar The hotel and restaurant industries are feeling the ill-effects of what can only be described as a double whammy -- a lingering economic malaise in Westchester and Fairfield County, coupled with actual and ...

Paul Dujardin.

Sep 09, 1991 ... PAUL DUJARDIN of Westport has been appointed president of RAYMOND AUTOMATION COMPANY INC., a subsidiary of SIG, Swiss Industrial Co., a manufacturer of packaging machinery. Dujardin has been with the ...

Static economy taking a toll of local radio stations. (Westchester and Fairfield County radio stations)

Sep 09, 1991; ... Static economy taking a toll of local radio stations (Editor's note: Several months ago, the County Business Journals reported on the impact the economic downturn has had on radio stations in Westchester and Fairfield County. Since that time, several local radio stations have made ...

Richardson-Vicks relocation plan stuns employees, Shelton officials. (Proctor & Gamble's Richardson-Vicks U.S.A. division; Shelton, Connecticut)

Sep 30, 1991; ... Representatives of the Richardson-Vicks U.S.A. division of Proctor & Gamble dropped a bomb at a United Way kickoff dinner last week when they announced the company would move from Connecticut to Ohio next year, eliminating 625 local jobs and vacating a 250,000-square-foot research center in ...

Contractor cries foul after OSHA inspection. (Occupational Safety and Health Administration cites Saturn Construction Company Inc. for 43 safety violations)

Sep 30, 1991; ... Hit with 43 safety violations, Saturn Construction claims federal watchdog agency has it all wrongIn what may be a case of mistaken identity, the general contractor working on a new correctional facility in Newtown has been cited for dozens of safety violations by the Occupational ...

Maurice Villency opens first Connecticut store.

Sep 30, 1991 ... WESTPORT -- The Maurice Villency furniture store organization leased 15,000 square feet of retail space on two floors at 222 Post Road East.The 10-year lease with an option for renewal was negotiated at a $22 a square foot.The Maurice Villency stores, located throughout ...

CPAs struggle to come to grips with changes in state's tax laws. (effects of new income tax law on Connecticut's certified public accountants)

Sep 30, 1991; ... The income tax law signed by Gov. Lowell Weicker Jr. on Aug. 22 is expected to generate $1.1 billion in new and needed tax revenue for the state's empty coffers. It also has touched off a firestorm of protest, including calls for Weicker's impeachment.Irate Connecticut voters, who ...

Peck franchises residential division with Realty World. (Arnold Peck to form Realty World-Arnold Peck)

Sep 30, 1991 ... MILFORD -- Arnold Peck, the Milford Realtor whose $280 million Chapter 11 reorganization plan was accepted by U.S. Bankruptcy Court a year ago, announced recently that his residential division will go the franchise route with Realty World, a national franchise operation."The ...

STG earns praise - and profits with aggressive, creative strategy. (STG Marketing Communications Inc.) (Company Profile)

Sep 30, 1991; ... At a time when the advertising industry is struggling to cope with a sluggish economy, new computer technology that threatens its creative supremacy and pressure from clients to slash prices, STG Marketing Communications Inc. has slugged its way to the forefront.Based at 883 Black ...

IMRS expands, files with SEC for stock offering. (Securities and Exchange Commission)

Sep 30, 1991 ... STAMFORD -- IMRS Inc., a supplier of corporate business and executive information software, is opening three more regional offices in Philadelphia, St. Louis and Calgary, Canada, to support the company's expanding sales and support activities.IMRS now has 15 offices worldwide, ...

New taxes in the Constitution state. (Connecticut's new income tax law)

Sep 30, 1991; ... After months of failed attempts to agree on a budget, the Connecticut legislature passed a bill which includes a state personal income tax. The individual income tax rate for 1991 is 1.5 percent and applies to income for the entire year. The tax rate for 1992 and later years is 4.5 percent. ...

Greenwich sports promotion group representing former N.Y. Giants star. (McGovern-Wertheim Inc. to represent Harry Carson)

Sep 30, 1991 ... GREENWICH -- McGovern-Wertheim Inc., a new sports management and promotion group, will represent former New York Giants football star Harry Carson.Initially, the firm will provide promotional services for Carson through his company, Harry Carson Inc.Since its founding in ...

Rodel Enterprises Inc. (New Business Names)

Sep 30, 1991 ... RODEL ENTERPRISES INC., 687 Iranistan Ave., ...

BRV Inc. (New Business Names)

Sep 30, 1991 ... BRV INC., 799 Silver Lane, Trumbull ...

Preservation Resources Company Inc. (New Business Names)

Sep 30, 1991 ... PRESERVATION RESOURCES COMPANY INC., 799 Silver Lane, ...

C.C. Mase Inc. (New Business Names)

Sep 30, 1991 ... C.C. MASE INC., 64 Shortwoods Road, New ...

European Contractors Inc. (New Business Names)

Sep 30, 1991 ... EUROPEAN CONTRACTORS INC., 255 Sunrise Terrace, ...

Tomatoes' Inc. (New Business Names)

Sep 30, 1991 ... TOMATOES' INC., 526 Hoyt St., Darien ...

D.B.A. Inc. (New Business Names)

Sep 30, 1991 ... D.B.A. INC., 111 Fast Ave Suite 203, Norwalk ...

JHF Inc. (New Business Names)

Sep 30, 1991 ... JHF INC., 40 Richards Ave., Norwalk ...

Baam Inc. (New Business Names)

Sep 30, 1991 ... BAAM INC., 935 White Plains Road, Trumbull ...

Debard Inc. (New Business Names)

Sep 30, 1991 ... DEBARD INC., 181 Main Ave., Norwalk ...

Daly & Wolcott leases office space in Shelton. (New Business Names)

Sep 30, 1991 ... SHELTON -- Daly & Wolcott Inc., a data processing, consulting and software development company, has leased 1,000 square feet of office space in Enterprise Corporate Towers, Shelton, for a regional sales office. ...

Marketing group relocates operations to Greenwich. (Twenty-first Century Marketing Group Inc.)

Sep 30, 1991 ... GREENWICH -- Twenty-first Century Marketing Group Inc. recently moved from Manhattan to a 3,790-square-foot office at 80 Field Point Road, Greenwich. The firm will handle ...

ADV will design identity for Corporate Network Services. (ADV Marketing Group)

Sep 30, 1991 ... STAMFORD -- Corporate Network Services, a division of Entre Computer Center of Stamford, has retained ADV Marketing Group to design and produce a logo and complete corporate identity package with accompanying collateral materials. ...

Plaza space leased. (retail stores sign leases at the Turkey Hill Shopping Center)

Sep 30, 1991 ... WESTPORT -- Two retail stores signed leases at the Turkey Hill Shopping Center on the Post Road.Pic-a-Dilly, a unique card and gift store, expanded into an 1,800-square-foot space by signing a 5-year lease. The store is owned by Valerie Croce.Louis Polidoro and his wife, ...

Richard L. Rose.

Sep 30, 1991 ... RICHARD L. ROSE of New Canaan, a former partner in the Stamford office of Cummings & Lockwood, has joined KLEBAN & SAMOR, Southport, as a partner. Rose represents public and privately owned U.S. and foreign businesses on issues of secured and unsecured financing transactions, mergers and ...

John Dicenzo.

Sep 30, 1991 ... JOHN DICENZO of Norwalk has been appointed president and chief executive officer of REALTECH REALTORS, a First National Realty company. DiCenzo joined Realtech in 1987 as marketing director and was promoted to vice president of marketing in 1989. After First National Realty acquired Realtech ...

American National Can, General Host downsize and relocate local operations.

Sep 30, 1991; ... Two Stamford firms -- American National Can Co. and General Host Corp. -- have downsized their local operations and relocated their offices, each for separate reasons.American National Can recently leased 14,561 square feet of space at 101 Merritt 7, a corporate office complex in ...

American Window Shade Co. (New Business Names)

Sep 30, 1991 ... AMERICAN WINDOW SHADE CO., 145 Tunxis Hill Road, ...

Eurotech Inc. (New Business Names)

Sep 30, 1991 ... EUROTECH INC., 20 Arrowhead Lane, Fairfield ...

J.C. Printing Company Inc. (New Business Names)

Sep 30, 1991 ... J.C. PRINTING COMPANY INC., 1700 Post Road, ...

New England Woodworkers Inc. (New Business Names)

Sep 30, 1991 ... NEW ENGLAND WOODWORKERS INC., 193 Grasmere Ave., ...

Sasi Enterprises Inc. (New Business Names)

Sep 30, 1991 ... SASI ENTERPRISES INC., 1700 Post Road, Suite 227, ...

The Weaver Group Ltd. (New Business Names)

Sep 30, 1991 ... THE WEAVER GROUP LTD., 11 Colonial Drive, ...

J & M Reda Inc. (New Business Names)

Sep 30, 1991 ... J & M REDA INC., 6 Grant Road, Monroe ...

Mountain Enterprises Inc. (New Business Names)

Sep 30, 1991 ... MOUNTAIN ENTERPRISES INC., 359 Cross Hill Road, ...

Suburban Landscape Services Inc. (New Business Names )

Sep 30, 1991 ... SUBURBAN LANDSCAPE SERVICES INC., 143 Cottage St., ...

The Bears Paw Quilt Shop Ltd. (New Business Names)

Sep 30, 1991 ... THE BEARS PAW QUILT SHOP LTD., 115 Main St., ...

New Line Marketing Inc. (New Business Names)

Sep 30, 1991 ... NEW LINE MARKETING INC., 230 South Main St., ...

C.F. Murphy Inc. (New Business Names)

Sep 30, 1991 ... C.F. MURPHY INC., 500 Howe Ave., No. D, Shelton ...

Elm Contracting Inc. (New Business Names)

Sep 30, 1991 ... ELM CONTRACTING INC., 113-115 Canal St., ...

G.L. Glover Construction Company Inc. (New Business Names)

Sep 30, 1991 ... G.L. GLOVER CONSTRUCTION COMPANY INC., 20 School ...