Article: Florida company relocates here, opens subsidiary. (Alco International; Fem Tek Inc.)

Florida company relocates here, opens subsidiary

A Florida cargo transportation firm is relocating its corporate headquarters to San Diego and has opened a subsidiary here.

Alco International, a sea transport firm headquartered in the Miami area, plans to change its focus to the biomedical field. Last month Alco set up a subsidiary, a medical technology firm called Fem Tek Inc., in a temporary La Jolla office.

With its corporate office preparing a move to San Diego as well, Alco is looking for a permanent office site, said Fem Tek President Robert Donnell, who is also taking over as Alco president. Most of the 100 employees who handle Alco's sea ...

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