The Business Journal - Central New York back issues from May 1997:
NYS companies attract $77 million in venture-capital funding in 4th quarter '96
May 12, 1997; ... Eleven New York State-based companies received more than $77 million in venture-capital funds during the fourth quarter of 1996, according to a recently released Price Waterhouse LLP National Venture Capital (VC) Survey. Nationally, venture-capital investments during the fourth quarter ...
Quackenbush keeps cracking new markets
May 12, 1997; ... HERKIMER--If ever there was proof of the applicability of a Darwinian view of the business world, it is H.M. Quackenbush, Inc. In its fifth generation in downtown Herkimer, this relatively low-tech company has adapted to survive and even thrive throughout its 127-year history. The ...
Zoning change needed to locate Home Depot franchise in Hartford
May 12, 1997; ... NEW HARTFORD--The New Hartford Town Board is studying whether to approve a zoning change that would permit a Home Depot franchise to locate adjacent to the former Lockheed Martin plant on French Road. The current 65-acre site is zoned M-1 for manufacturing but it is within a quarter-mile ...
KCI begins fiber-optic project in New York
May 12, 1997; ... In an industry dominated by juggernauts and their already familiar acronyms, it's all too easy to overlook the work of KCI and focus exclusively on MCI, AT&T, and NYNEX. What is KCI? The short answer is that KCI is a small, up and-coming telecommunications company based in ...
New Chase clarifies vision, charts new course
May 12, 1997; ... SYRACUSE--It has been a year since the merger of Chase Manhattan and Chemical banks became official, with all the i's dotted and t's crossed and all the requisite approvals from federal agencies, but has anything really changed? Yes, for the better, say James Small and Jack Webb, who are now ...
Conference focuses on historic tourism
May 12, 1997; ... SYRACUSE--Tourism professionals from a three-county area of Central New York had the opportunity recently to learn about one of the hottest trends in tourism today: historic tourism. At a day-long event April 10, participants from Madison, Oneida, and Onondaga counties explored how to turn the ...
Ryan Communications opens West Coast office
May 12, 1997; ... SYRACUSE--Ryan Communications, Inc., a Syracuse-based advertising and PR firm, has opened an office in Laguna Beach, Calif., in order to better serve its national clients. Ryan Communications represents several national accounts that have operations west of the Rockies, including Carrier ...
WCNY, WIXT join forces to launch news program
May 12, 1997; ... SYRACUSE--An innovative cooperative initiative of WCNY and WIXT NewsChannel 9 will provide more local news coverage between the hours of 9 and 1 p.m., and provide WCNY with the potential for urgently needed revenues to replace diminished federal and state funding. The two organizations ...
Community Bank wins top small-business lender recognition
May 12, 1997; ... CANTON--Community Bank, NA (CBNA) has been recognized as the top small-business lender in New York State among banks with assets of $1 billion to $10 billion. This recognition was released in a special report by the Small Business Administration's Office of Advocacy. The study was based on June ...
Utica National has good year
May 12, 1997; ... NEW HARTFORD--The Utica National Insurance Group's property-casualty insurance companies posted net income of $31.6 million in 1996, slightly behind the results of the previous year due to the effects of last winter's storms and Hurricane Fran. The net income represented a return of 5.3 ...
Public relations editorial roundtable
May 12, 1997; ... With marketing and advertising already capturing the lion's share of attention, many clients have considered public relations an afterthought, if they consider it at all. Recently, four prominent representatives from local advertising agencies and a professor of public relations came ...
CNY advertising agencies honor the best ads in CNY
May 12, 1997; ... Advertising agencies from Central New York honored and awarded the best television commercials, newspaper advertisements, Web sites, and other marketing communications produced in Central New York at the 12th Annual Syracuse Ad Club Awards, Thursday, April 17, at the OnCenter. Mark ...
Excerpts from an interview with Michael D. Marvin, chairman and co-founder, MapInfo Corporation
May 12, 1997; ... EDITOR'S NOTE: Michael D. Marvin will give the keynote address at the 1997 Technology Forum on May 20 at the OnCenter in Syracuse. It's a rare company that gets to create its own street address, like Apple Computer's "1 Infinite Loop" in Cupertino or Ford Motor's "1981 Front Wheel Drive" in ...
St. Luke residence plans modernization project
May 12, 1997; ... OSWEGO--The St. Luke Residential Health Care Facility, located just south of Oswego, is planning a $4 million modernization and expansion of its health-related care facility. The plan calls for increasing and improving the use of space in the seven-story building, plus making improvements to ...
Medical Society insurance survey is revealing, despite flaws
May 12, 1997; ... Physician offices saddled with slow resolutions to insurance claims questions, payment denials; excessive paperwork, complex or confusing explanations of benefits, and other problems in dealing with insurers, are fighting back. Results of the second annual insurance survey (see ...
Tax incentives passed for long-term-care insurance
May 12, 1997; ... ALBANY--The New York State Senate recently passed legislation sponsored by Senator George D. Maziarz (R, C-North Tonawanda) to provide tax incentives to purchasers of long-term -care insurance. The legislation addresses a technical short-coming of a law passed in 1995, and is designed to make ...
CIGNA to buy Healthsource
May 12, 1997; ... PHILADELPHIA-- CIGNA Corporation (NYSE: CI) and Healthsource, Inc. (NYSE: HS), an HMO based in New Hampshire, announced recently that they have signed a definitive agreement under which CIGNA has agreed to tender $21.75 per share in cash for all outstanding shares of Healthsource. The purchase ...
Reducing Medicaid spending on long-term care
May 12, 1997; ... ALBANY--The New York State Partnership for Long Term Care is a unique program to finance long-term care based on the concept of a public-private partnership, linking private insurance to Medicaid. The program became operational on March 1, 1993 when the first group of five insurance companies ...
The marketplace in microcosm -- Managed vision care
May 12, 1997; ... The current health-care marketplace favors the big, the strong, and the organized. This is true for all providers, including visioncare providers. Empire Vision Centers, formed in 1977, offers a telling glimpse into the healthcare marketplace, because the company has been subject to, and part ...
Operaton Oswego County unveils new health-care display
May 12, 1997; ... FULTON--Operation Oswego County, Inc. (OOC) recently unveiled a new standing display titled "Health Care in Oswego County" at Fulton Savings Bank's main office. OOC Executive Director L. Michael Treadwell unveiled the display, saying, "The display will help inform people of health care's ...
Zoning change needed to locate Home Depot franchise in Hartford
May 12, 1997; ... NEW HARTFORD--The New Hartford Town Board is studying whether to approve a zoning change that would permit a Home Depot franchise to locate adjacent to the former Lockheed Martin plant on French Road. The current 65-acre site is zoned M-1 for manufacturing but it is within a quarter-mile ...
New Chase clarifies vision, charts new course
May 12, 1997; ... SYRACUSE--It has been a year since the merger of Chase Manhattan and Chemical banks became official, with all the i's dotted and t's crossed and all the requisite approvals from federal agencies, but has anything really changed? Yes, for the better, say James Small and Jack Webb, who are now ...
KCI begins fiber-optic project in New York
May 12, 1997; ... In an industry dominated by juggernauts and their already familiar acronyms, it's all too easy to overlook the work of KCI and focus exclusively on MCI, AT&T, and NYNEX. What is KCI? The short answer is that KCI is a small, up and-coming telecommunications company based in ...
Quackenbush keeps cracking new markets
May 12, 1997; ... HERKIMER--If ever there was proof of the applicability of a Darwinian view of the business world, it is H.M. Quackenbush, Inc. In its fifth generation in downtown Herkimer, this relatively low-tech company has adapted to survive and even thrive throughout its 127-year history. The ...
Ryan Communications opens West Coast office
May 12, 1997; ... SYRACUSE--Ryan Communications, Inc., a Syracuse-based advertising and PR firm, has opened an office in Laguna Beach, Calif., in order to better serve its national clients. Ryan Communications represents several national accounts that have operations west of the Rockies, including Carrier ...
Conference focuses on historic tourism
May 12, 1997; ... SYRACUSE--Tourism professionals from a three-county area of Central New York had the opportunity recently to learn about one of the hottest trends in tourism today: historic tourism. At a day-long event April 10, participants from Madison, Oneida, and Onondaga counties explored how to turn the ...
Community Bank wins top small-business lender recognition
May 12, 1997; ... CANTON--Community Bank, NA (CBNA) has been recognized as the top small-business lender in New York State among banks with assets of $1 billion to $10 billion. This recognition was released in a special report by the Small Business Administration's Office of Advocacy. The study was based on June ...
WCNY, WIXT join forces to launch news program
May 12, 1997; ... SYRACUSE--An innovative cooperative initiative of WCNY and WIXT NewsChannel 9 will provide more local news coverage between the hours of 9 and 1 p.m., and provide WCNY with the potential for urgently needed revenues to replace diminished federal and state funding. The two organizations ...
Utica National has good year
May 12, 1997; ... NEW HARTFORD--The Utica National Insurance Group's property-casualty insurance companies posted net income of $31.6 million in 1996, slightly behind the results of the previous year due to the effects of last winter's storms and Hurricane Fran. The net income represented a return of 5.3 ...
CNY advertising agencies honor the best ads in CNY
May 12, 1997; ... Advertising agencies from Central New York honored and awarded the best television commercials, newspaper advertisements, Web sites, and other marketing communications produced in Central New York at the 12th Annual Syracuse Ad Club Awards, Thursday, April 17, at the OnCenter. Mark ...
1996: A good year for telecommunications mergers
May 26, 1997; ... It was a very good year. Yes, 1996 was a very good year if you made your money in investment banking and mergers and acquisitions. And the biggest game in town in a record-breaking year was in the telecommunications industry. According to Mergerstat, a division of the specialty ...
NYS debuts at Hannover industrial fair
May 26, 1997; ... New York State corrected an oversight recently when for the first time it helped send a 40-member delegation to Germany for the Hannover Industrial Fair, the largest industrial fair in the world. With encouragement from Governor Pataki and organizational leadership from the Empire State ...
New CEO moves fast to reshape Penn Traffic
May 26, 1997; ... SYRACUSE--Bringing an end to rumors about pending changes in Penn Traffic's operations that have been circulating among food distributors and sales reps in recent months, the Syracuse-based corporation, which operates 265 supermarkets in New York, Pennsylvania, Ohio, and West Virginia, recently ...
Packaging specs help Tessy Plastics recycle
May 26, 1997; ... An Elbridge plastics manufacturer, Tessy Plastics, grew up with a culture of recycling begun by one of its founders, Al Bauerschmidt. The other founder and current owner, Henry Beck and sons, expanded that tradition by issuing packaging specifications that control the types of material coming ...
Internet companies consider access and pricing, or risk overload
May 26, 1997; ... Morning and evening rush-hour traffic reports, from helicopters or low-flying airplanes, can easily pinpoint where congestion is, where the accidents are, and what, if anything, can be done to avoid the problems. Traffic on the Internet--the sheer number of users and the amount of time they use ...
Public relations editorial roundtable
May 12, 1997; ... With marketing and advertising already capturing the lion's share of attention, many clients have considered public relations an afterthought, if they consider it at all. Recently, four prominent representatives from local advertising agencies and a professor of public relations came ...
NYS companies attract $77 million in venture-capital funding in 4th quarter '96
May 12, 1997; ... Eleven New York State-based companies received more than $77 million in venture-capital funds during the fourth quarter of 1996, according to a recently released Price Waterhouse LLP National Venture Capital (VC) Survey. Nationally, venture-capital investments during the fourth quarter ...
Excerpts from an interview with Michael D. Marvin, chairman and co-founder, MapInfo Corporation
May 12, 1997; ... EDITOR'S NOTE: Michael D. Marvin will give the keynote address at the 1997 Technology Forum on May 20 at the OnCenter in Syracuse. It's a rare company that gets to create its own street address, like Apple Computer's "1 Infinite Loop" in Cupertino or Ford Motor's "1981 Front Wheel Drive" in ...
Medical Society insurance survey is revealing, despite flaws
May 12, 1997; ... Physician offices saddled with slow resolutions to insurance claims questions, payment denials; excessive paperwork, complex or confusing explanations of benefits, and other problems in dealing with insurers, are fighting back. Results of the second annual insurance survey (see ...
St. Luke residence plans modernization project
May 12, 1997; ... OSWEGO--The St. Luke Residential Health Care Facility, located just south of Oswego, is planning a $4 million modernization and expansion of its health-related care facility. The plan calls for increasing and improving the use of space in the seven-story building, plus making improvements to ...
Reducing Medicaid spending on long-term care
May 12, 1997; ... ALBANY--The New York State Partnership for Long Term Care is a unique program to finance long-term care based on the concept of a public-private partnership, linking private insurance to Medicaid. The program became operational on March 1, 1993 when the first group of five insurance companies ...
Tax incentives passed for long-term-care insurance
May 12, 1997; ... ALBANY--The New York State Senate recently passed legislation sponsored by Senator George D. Maziarz (R, C-North Tonawanda) to provide tax incentives to purchasers of long-term -care insurance. The legislation addresses a technical short-coming of a law passed in 1995, and is designed to make ...
CIGNA to buy Healthsource
May 12, 1997; ... PHILADELPHIA-- CIGNA Corporation (NYSE: CI) and Healthsource, Inc. (NYSE: HS), an HMO based in New Hampshire, announced recently that they have signed a definitive agreement under which CIGNA has agreed to tender $21.75 per share in cash for all outstanding shares of Healthsource. The purchase ...
Operaton Oswego County unveils new health-care display
May 12, 1997; ... FULTON--Operation Oswego County, Inc. (OOC) recently unveiled a new standing display titled "Health Care in Oswego County" at Fulton Savings Bank's main office. OOC Executive Director L. Michael Treadwell unveiled the display, saying, "The display will help inform people of health care's ...
The marketplace in microcosm -- Managed vision care
May 12, 1997; ... The current health-care marketplace favors the big, the strong, and the organized. This is true for all providers, including visioncare providers. Empire Vision Centers, formed in 1977, offers a telling glimpse into the healthcare marketplace, because the company has been subject to, and part ...
New CEO moves fast to reshape Penn Traffic
May 26, 1997; ... SYRACUSE--Bringing an end to rumors about pending changes in Penn Traffic's operations that have been circulating among food distributors and sales reps in recent months, the Syracuse-based corporation, which operates 265 supermarkets in New York, Pennsylvania, Ohio, and West Virginia, recently ...
NYS debuts at Hannover industrial fair
May 26, 1997; ... New York State corrected an oversight recently when for the first time it helped send a 40-member delegation to Germany for the Hannover Industrial Fair, the largest industrial fair in the world. With encouragement from Governor Pataki and organizational leadership from the Empire State ...
1996: A good year for telecommunications mergers
May 26, 1997; ... It was a very good year. Yes, 1996 was a very good year if you made your money in investment banking and mergers and acquisitions. And the biggest game in town in a record-breaking year was in the telecommunications industry. According to Mergerstat, a division of the specialty ...
Packaging specs help Tessy Plastics recycle
May 26, 1997; ... An Elbridge plastics manufacturer, Tessy Plastics, grew up with a culture of recycling begun by one of its founders, Al Bauerschmidt. The other founder and current owner, Henry Beck and sons, expanded that tradition by issuing packaging specifications that control the types of material coming ...
Internet companies consider access and pricing, or risk overload
May 26, 1997; ... Morning and evening rush-hour traffic reports, from helicopters or low-flying airplanes, can easily pinpoint where congestion is, where the accidents are, and what, if anything, can be done to avoid the problems. Traffic on the Internet--the sheer number of users and the amount of time they use ...