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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Aug 03, 1999
Page
12
Tiger Management LLC, the largest shareholder in US Airways, weighs selling its stake as antitrust scrutiny intensifies over a potential merger. Analysts note wide investor interest and the tense regulatory environment shaping airline consolidation.
Niagara Mohawk Power Corp says it has closed on the sale of 71 hydroelectric plants to Orion Power Holdings for 425 million dollars. Orion, Baltimore based and tied to Goldman Sachs and Constellation Energy, will fund retrofits including Oswego’s Varick Hydroe Station. Telergy adds a 3 story 22000 square foot HQ expansion in DeWitt worth 3 million to host a video theater for telemedicine and distance learning demos.
iS al Matthew L Huber of Manhus joined M T Bank in the commercial lending department as a health care banking officer. Huber is a relationship manager for Healthcare related firms in Central and Northern New York. He is a graduate of the University of Rochester. Bruce Bowdall was named director of sales and marketing for Francescan Management Services Inc. Bowhall previously served as clinical consultant with Kinetic Concepts Inc of San Antonio, Texas. He will be responsible coordinating sales and marketing activity in the areas of respiratory services, home medical equipment, oxygen, and other respiratory related products. Sherry Bowden of Cato was named coordinator of the assisted living program at Loretto's Buckley Landing in North Syracuse. The program offers supportive housing combined Bowden with home care services and allows older adults who are medically liable for a lacemert m72 nursing name. Bowden previously served as a Supervisor at Daybreak, Loretto's adult medical day program. Chris Brackett was named Web developer at Sage Marketing Communications. Brackett is responsible for developing graphic and sexual materials and working with clients to design World Wide Web sites. He previously worked as a freelance Web multimedia consultant. -Susai Poyat
VisionMedia Corp of Irvine plans a Cicero manufacturing site employing up to 150 workers, with potential growth to 130 more, but lease negotiations stalled the July 1 opening. City officials consider alternate sites in Syracuse’s EDZ areas, while Wheatstone's move and other local efforts shape incentives and future plans.
State Farm cuts homeowners rates in Syracuse by an average of 1.1 percent effective Aug 1 for new policies and Oct 1 for renewals. Nationwide, rates rise 2.1 percent, with changes varying by home construction, territory, and coverage. State Farm has over 12,000 Syracuse homeowners and says recent claim cost trends drive the decrease.
Upscale Wyndham Hotels & Resorts will convert the 250 room Syracuse Marriott on Carrier Circle in DeWitt to a Wyndham property on Aug 17. The Syracuse Marriott, built in 1977 and renovated recently, has 12 banquet rooms and 2 ballrooms and 210 employees. Wyndham aims to attract corporate business with its four hotel categories and enhanced amenities.
Roy M. Flood former P&C Foods president who was ousted in 1997 returns as senior vice president and general manager of Penn Traffic Big Bear Stores Ohio division. He will apply two decades of Big Bear and Penn Traffic experience to help grow sales as the Syracuse based company exits bankruptcy and reshapes its supermarket operations.
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