Westchester County Business Journal back issues from December 1991:
Corporate giving in hard times. (contributions of Westchester County, New York corporations to charitable and community organizations) (Industry Overview)
Dec 02, 1991; ... In hard times, it seems, corporations are as concerned as ever about the communities in which they exist. Recession-enforced budget restraints may have forced many companies to curtail spending, but the private sector continues to support charitable organizations and other non-profit groups ...
Schulman Realty attributes adverse rumors to local industry's 'jealousy.' (rumors of financial trouble for Schulman Realty Group)
Dec 02, 1991; ... Schulman Realty Group shook up the local commercial real estate industry recently with an announcement that it had retained a New York City brokerage firm as exclusive leasing agent for the group's 3 million-square-foot office portfolio.In an industry rife with "inside information" ...
'Tis the season for corporate gift giving. (effects of the recession on the giftware industry) (Industry Overview)
Dec 02, 1991; ... The recession has hurt some corporate gift sales, while others remain on an even keel.Lillian Vernon, the Mount Vernon, N.Y., mail order company, has not seen its executive gift sales affected by the economy, according to spokesman David Hochberg. "We're having a good year," said ...
Del Electronics reports record sales. (Del Electronics Corp.)
Dec 02, 1991 ... Del Electronics Corp. of Mount Vernon reported record sales and earnings for the fiscal year and fourth quarter ended Aug. 3, 1991.Net sales for the year rose 30.2 percent to $17,323,205 from $13,300,888 in fiscal 1990. Net income rose 59.7 percent to $1,081,958, or 48 cents a ...
Savin attributes $10.5 million loss for quarter to economic recession. (Savin Corp.)
Dec 02, 1991 ... Savin Corp. of Stamford, Conn., announced a net loss of $10.5 million for the quarter ended Sept. 30 compared to net income of $98,000 for the same period the previous year.For the nine months ended Sept. 30, net losses totalled $31.2 million compared to net income of $517,000 for ...
Executive search activity reflects weak economy. (slow business for executive search firms)
Dec 02, 1991 ... Things have not gotten any better. Third quarter statistics as reported by the Association of Executive Search Consultants Inc. pointed to a generally disappointing business climate. The optimism generated by earlier statistics has dissipated and the growth seen earlier this year has not ...
Surrogate Court, Pirro & Monsell lease space in White Plains. (Westchester County, New York's Probate Court; White Plains, New York)
Dec 02, 1991 ... Cappelli Development announced two lease signings at its 140 Grand St., White Plains, building totaling almost 30,000 square feet of space.Westchester County's General Services Surrogate Court signed a 20,000-square-foot lease and the White Plains law firm of Pirro & Monsell signed ...
Pepe Motors overrides recession by building new Infiniti dealership. (Pepe Motors Inc.; Nissan Infiniti luxury car line)
Dec 02, 1991; ... A White Plains luxury auto dealer has decided to buck the prevailing trend in the automotive sales market and build a new dealership.Pepe Motors Inc., which owns Pepe Motors, a Mercedes-Benz and Range Rover dealership at 50 Bank St. adjacent to the U.S. Post Office, is building a ...
California approves Fingermatrix electronic fingerprinting system. (California's Department of Justice; Fingermatrix Inc.)
Dec 02, 1991 ... Fingermatrix Inc. of North White Plains has announced that California's Department of Justice has accepted fingerprint cards produced by the company's live scan electronic fingerprinting system and is receiving such cards for identification and archival purposes.The Fingermatrix ...
Builders Institute criticizes housing study. (low housing need assessment study for Westchester County, New York)
Dec 02, 1991 ... The recently released Westchester County Housing Needs Assessment study is flawed and seriously undercounts the county's housing needs and should be corrected, according to a critique commissioned by the Builders Institute.The county report, prepared for the Board of Legislators by ...
Donors should establish bona fides of a charity before writing a check. (need for donor business enterprises to verify legitimacy of charitable fund-raisers)
Dec 02, 1991; ... As the holiday gift-giving season opens, businesses and consumers can expect to be barraged by organizations looking for donations. However, business and consumer watchdog groups warn, many donors will waste their money on fraudulent organizations or on charities that use most of the funds ...
Timm F. Crull. (Nestle USA Inc.'s president and chief executive officer named as executive vice president of Nestle S.A.)(On the Way Up) (Brief Article)
Dec 02, 1991 ... Timm F. Crull, president and chief executive officer of Nestle USA Inc., will be named executive vice president of the parent company Nestle S.A.'s general management, the company announced. Crull, ...
Hospitals brace for deeper cuts: Cuomo budget plan will force hospitals to reduce patient services, close units. (Governor Mario Cuomo)
Dec 09, 1991; ... Gov. Mario Cuomo's Nov. 25 proposal to close an $875 million budget gap includes reducing social services spending by $214 million -- much of it in the state's Medicaid program. If implemented, the cutbacks could devastate the state's already beleaguered hospital system and would have a ...
Minority business fair helps forge initial links with corporate sector.
Dec 09, 1991; ... More than 300 minority business owners and entrepreneurs had an opportunity to meet and discuss their trades with representatives and buyers from most of the area's major corporations at the first Business Opportunity Fair at the Westchester County Center.The Nov. 26 event, ...
Crossroads office building heads to auction, a victim of the times. (office complex at West Main Street, Elmsford, New York)
Dec 09, 1991; ... Another commercial office building in Westchester County is headed for the auction block following the relocation of one of its major tenants.The 66,125-square-foot Crossroads office complex at 33 West Main Street in Elmsford will be offered Dec. 18 at a 9:30 a.m. auction in the ...
Westchester Marriott notes 10th anniversary with reception Dec. 10.
Dec 09, 1991 ... In celebration of its 10th anniversary, The Westchester Marriott will host a cocktail reception for community leaders on Dec. 10 from 6 to 8 p.m. at the hotel, at 670 White Plains Road, Tarrytown.Three hundred and fifty representatives from the county's business, education, ...
Consumers flock to retailers as holiday season gets under way.
Dec 09, 1991 ... Bargain hunters and value-minded consumers led the packs of shoppers who crowded stores throughout New York State during the first "official" weekend of the 1991 holiday shopping season. Those shoppers helped retailers post sales gains averaging about 5 percent compared to the same period ...
Paul McEvoy has a missionary's zeal for helping recession-scarred clients. (president of Paul McEvoy Co.)(Entrepreneur)
Dec 09, 1991; ... Paul McEvoy, president of Paul McEvoy Co. in New Rochelle, provides financial planning and insurance services to people in Westchester, Rockland and Fairfield counties -- sometimes at no cost to the client."I consider myself a missionary," McEvoy said. "I decided to undertake a ...
Skyrocketing costs of medical care tops Americans' list of concerns. (Focus: Healthcare & Fitness '92)
Dec 09, 1991 ... <Pre> Degrees of Public Concern (Percent of total survey respondents who consider the following issues a serious or very serious concern) 1991 1990 Cost of medical care89.7 88.4 Drug abuse ...
Cigna announces new program for small businesses. (Cigna Domestic Property and Casualty Cos.)(Focus: Healthcare & Fitness '92) (Brief Article)
Dec 09, 1991 ... The Cigna Domestic Property and Casualty Cos. are marketing a new insurance program with "a highly refined" premium rate system for small businesses, including offices, churches, funeral directors, general services, apartments, condominiums, restaurants and retailers.Called Cigna ...
Peekskill Hospital changes name. (Peekskill Community Hospital changes name to Hudson Valley Hospital Center at Peekskill-Cortlandt)(Focus: Healthcare & Fitness '92) (Brief Article)
Dec 09, 1991 ... The board of directors and the administration of Peekskill Community Hospital have agreed to change the hospital's name to Hudson Valley Hospital Center at Peekskill-Cortlandt. The name change was approved by the board Nov. 14.The board noted the decision to change the ...
State unveils consumer protections for long-term health care insurance. (New York's Department of Insurance issues regulations for insurance)(Focus: Healthcare & Fitness '92)
Dec 09, 1991 ... The state Insurance Department has adopted new protections for consumers buying long-term care insurance in New York state that are designed to ensure that meaningful coverage will be available as the demand for long-term care grows.The new standards, among the toughest in the ...
The pulse of Westchester. (survey of business attitudes in Westchester County, New York)
Dec 09, 1991 ... PULL OUTThis survey was conducted for the Westchester County Business Journal by BDO Seidman, which publishes an annual national survey of business attitudes, as well as regional and local surveys in various parts of the country. Throughout this report, results are compared between ...
Shopping in a global marketplace. (economic forecasts for U.S. companies)
Dec 16, 1991; ... The tides of economic change beckon to U.S. companies, but can they meet the challenge?As the private sector struggles to break free of the recession, foreign business opportunities along the Pacific Rim, in Eastern Europe, Mexico and Canada are attracting U.S. goods and services ...
U.S. defense contractors look overseas.
Dec 16, 1991; ... As other defense contractors retrench as a result of Pentagon budget cuts, analysts say two area companies -- Loral Electronics Systems of Yonkers, N.Y., and Sikorsky Aircraft of Stratford, Conn. -- are successfully expanding foreign sales to offset declines in the U.S. market. ...
Rosa Barksdale overcomes adversity to create multimillion-dollar company. (Barksdale HealthCare Services Inc.) (Company Profile)
Dec 16, 1991 ... In only nine years, Rosa K. Barksdale has established Barksdale HealthCare Services Inc. as one of the largest agencies of its kind in the metropolitan New York area that is owned and operated by a black woman.Since 1982, the company has provided more than 200 registered nurses, ...
Re/Max opens first Westchester office in Somers. (Focus: Real Estate & Environment)
Dec 16, 1991; ... Re/Max, the nation's second-largest real estate brokerage firm, opened it first Westchester office on Nov. 14 and has been stirring up interest with its unconventional commission rates. Re/Max is the fastest growing real estate brokeraged franchise in the United States.The recent ...
'Green' becomes market buzzword for socially conscious companies. (companies' environmental practices)(Focus: Real Estate & Environment)
Dec 16, 1991 ... McDonald's teams up with the Environmental Defense Fund to identify ways the fast food giant can become more environmentally friendly.Coke and Pepsi agree to begin using recycled plastic bottles. Rubbermaid introduces a line of recycling containers which contain post-consumer ...
Home warranties gain in popularity. (Focus: Real Estate & Environment)
Dec 16, 1991 ... While sales of existing homes declined approximately 3.5 percent during the first half of 1991 from the same period last year, home warranty usage rose for the comparable periods, according to the National Home Warranty Association.Data shows 14 percent of the existing homes sold ...
Kurzman & Eisenberg expands offices. (Focus: Real Estate & Environment) (Brief Article)
Dec 16, 1991 ... In a renewal and expansion of its headquarters space, the law firm of Kurzman & Eisenberg has signed a long-term lease for 10,546 square feet of space at White Plains Plaza. The firm, which has been a tenant for more than 10 years, is expanding from the 7,200 square feet on the 10th floor of ...
Westchester's 50 top companies: privately owned businesses. (Tabular data only) (Directory)
Dec 16, 1991 ... (*)1. YONKERS CONTRACTING, Yonkers, Carl Petrillo (*)2. RAD OIL CO., Inc., Purchase, Stephen Draizin 3. AMPACET CORPORATION, Tarrytown, David S. Weil 4. KANE-MILLER CORP., Tarrytown, Stanley B. Kane 5. PRECISION VALVE CORPORATION, Yonkers, Robert H. Abplanalp (*)6. FOUR M CORPORATION, ...
Master builder of county foundations. (Yonkers Contracting Company Inc.)(Westchester's 50 Top Companies) (Company Profile)
Dec 16, 1991 ... (*)1 Yonkers Contracting Company Inc.969 Midland Ave., Yonkers Carl E. Petrillo chief executiveYonkers Contracting Inc. is a heavy construction and highway building contractor headquartered in Yonkers with operations in Florida. While the industry overall has been ...
Drilling for fortune. (RAD Oil Company Inc.)(Westchester's 50 Top Companies) (Company Profile)
Dec 16, 1991 ... (*)2 RAD Oil Company Inc.280 Bowman Ave., Purchase Stephen S. Draizin chairmanInnovative programs designed to control fuel costs, coupled with an aggressive marketing program, have positioned RAD Oil Company Inc. as a leading player in the metropolitan New York oil market ...
Cardboard conversion dominator. (Four M Corp.)(Westchester's 50 Top Companies) (Company Profile)
Dec 16, 1991 ... (*)6 Four M Corp.115 Stevens Ave., Valhalla Dennis Mehiel presidentFour M Corp. of Valhalla, a cardboard converting operation, began in 1966 with a single manufacturing facility in Baltimore, Md., and annual revenues of approximately $1 million. Today, the firm operates ...
Engineering consultant to the Fortune 500. (Continental Field Service)(Westchester's 50 Top Companies) (Company Profile)
Dec 16, 1991 ... (*)10 Continental Field Service37 Main St., Elmsford Roy L. Hill presidentRoy L. Hill, founder and president of Continental Field Service, said his company "continues to be successful despite a 25 percent decline in business this year from 1990."Continental ...
Growing force in health care. (Physicians Health Services of New York Inc.)(Westchester's 50 Top Companies) (Company Profile)
Dec 16, 1991 ... (*)22 Physicians HealthCross-West Office Center, 399 Knollwood Road, Suite 212, White Plains Philip Passantino chief executiveBusinesses looking to cut health care costs have been signing up with Physicians Health Services of New York Inc., a health care maintenance ...
United Technologies Research Center creating a network for R&D in Europe.
Dec 16, 1991 ... United Technologies Research Center, the central research organization of United Technologies Corp., has located an office in Munich, Germany, to initiate collaborative research efforts across Europe."We plan to establish a number of research sites to support United Technologies' ...
Exquisite Form Industries Inc. (On the Way Up) (Brief Article)
Dec 16, 1991 ... EXQUISITE FORM INDUSTRIES INC. announced the promotion of ROBERT F. FUMENTO of South Salem to president of the No nonsense Bras & Control Bottoms division. Previously, Fumento was executive vice president of corporate ...
A look back. (year-end review of Westchester's economy)
Dec 23, 1991; ... The past year will not be remembered with fondness by many as a recession-battered Westchester struggled to hold its own. The county economy was hurt by the woes of Wall St. and the financial industry, by Albany's ever more painful budget cuts, and corporate restructurings by the likes of ...
A look ahead. (outlook for Westchester's economy in 1992)
Dec 23, 1991; ... A new strain of economic flu struck the Westchester-Fairfield market in 1991 and, analysts say, finding a quick cure will be almost impossible. Most believe it will take a variety of remedies to revive the region, but recovery will takes months -- at least until mid-1992 -- of painful ...
"Sterilator' helps Lawrence Hospital reduce its medical waste headache. (device which sterilizes medical waste on site)
Dec 23, 1991; ... Last April, Lawrence Hospital in Bronxville implemented a system for disposing infectious medical waste which has proven cost-effective for the hospital and has reduced the potential for risk to the surrounding community and environment."Our system has been a win-win situation all ...
Politics encumbers efforts to reform state budget process. (New York)
Dec 23, 1991; ... Driven by a mission to resurrect the state's sagging economy and to inspire voter confidence, GOP state Assemblyman Peter M. Sullivan of the 87th District has been crusading across New York this fall to preach budget reform and fiscal responsibility.When he addresses political ...
Architectural integrity, preservation in historical renovations. (Stained & Leaded Glass Studio Inc. creates and restores stained glass windows) (Company Profile)
Dec 23, 1991; ... Rohlf's Stained & Leaded Glass Studio Inc. combines the talents of European and American artists with skilled craftspeople to create and restore stained glass windows which reflect the philosophy of owner Peter A. Rohlf. Rohlf's objective is to suit a variety of tastes while complying with ...
Consumers expect Westchester business conditions to improve.
Dec 23, 1991 ... Westchester County consumers anticipate better business conditions and greater purchases within the next six months, according to a recent survey by the Iona College Marketing Department.In a poll of 212 randomly selected Westchester residents, consumers were asked about present ...
Executive Billiards banks on breaking Mamaroneck Avenue out of doldrums. (billiards hall catering to a professional clientele) (Company Profile)
Dec 23, 1991; ... The thought of a billiards hall conjures up images of Ralph Kramden and Ed Norton of the "Honeymooners" arguing over whose turn it is to shoot. In the background, cheap lighting casts harsh shadows about a room filled with cigar smoke as a man in a soiled T-shirt makes change. ...
Houlihan/Lawrence sales ahead with a seasoned Seaman at helm. (Peter B. Seaman) (Company Profile)
Dec 23, 1991; ... Peter B. Seaman of Greenwich made headlines in May 1990 when he acquired Houlihan/Lawrence Inc., one of the more prestigious residential real estate agencies in Westchester County.Since then the 39-year-old investor has been putting his mark on the company. In the coming weeks and ...
Westchester Business Partnership provides leadership - and results.
Dec 23, 1991; ... Woody Allen would love it. After two years in business, the Westchester Business Partnership is looking to 1992 with a mixture of hope and anxiety.The partnership was formed when a group of prominent private sector business leaders joined forces with the Westchester County Office ...
Reflections. (Westchester's economy in the past year)
Dec 23, 1991; ... As 1991 draws to a close there are some who will sigh with relief, others whose heads will shake in disbelief as they reflect on what happened, and still others who will put the past out of their minds and move forward in hopeful anticipation of a better new year. In fact, many will do some ...
Survival of the fittest. (business conditions in Westchester)
Dec 23, 1991; ... At a recent chamber of commerce meeting, one entrepreneur asked two others: "How's business?" The first answered, "It's been pretty slow, it's a bad time for everyone." The second replied, "We're okay, business is a little off from last year, but we'll survive."For the first ...
Michael F. Weinstein. (new president and chief operating officer of A&W Brands Inc.) (Brief Article)
Dec 23, 1991 ... The company also announced that MICHAEL F. WEINSTEIN was elected president and chief operating officer. He ...
Von Holzhausen Associates Inc. (appoints Robert Isler as president) (Brief Article)
Dec 23, 1991 ... VON HOLZHAUSEN ASSOCIATES INC., announced the appointment of ROBERT ISLER as president. Isler, a real estate broker with 20 years of ...