Oakwood Homes favored as strong long term buy
In Malcolm Berko’s Taking Stock, Oakwood Homes is praised as a strong long term buy with a dominant South market presence, 261 facilities, plans to open 40 to 45 new centers yearly, tenfold sales growth since 1986, 7 percent net margins rising to about 9.5 percent, and a solid balance sheet under capable management. Federal Mogul receives a cautious note due to slim profit margins and competitive pressure. The mobile housing industry overall shows excellent potential with 1996 shipments up 13 percent and favorable factors like easy credit and rising demand.
MENTIONED IN THIS ARTICLE
Oakwood Homes
OH-521
Oakwood
Deep South
Taylor Copy Services profile in Syracuse business history
Diane Constas Brindak owns Taylor Copy Services at 1120 Burnet Ave in Syracuse. The six-employee, 15-year-old full service shop grew from her father’s print shop background and Constas Printing Corp. She faced financing and staff challenges and plans to buy the current leased building.
MENTIONED IN THIS ARTICLE
Taylor Copy Services
Burnet Ave
Syracuse
Diane Constas-Brindak
Constas-Brindak
Constas Printing Corp
Constas Brindak
Dick Blume
Mary Fair
Manlius
DeWitt Wegmans
Key Bank to sell 35 upstate branches to ALBANK
Key Bank plans to exit 35 upstate New York branches as part of a restructuring moving toward borderless banking. ALBANK Financial Corp will acquire the branches for about 7 percent of deposits, boosting ALBANK assets to about $4 billion and leaving Key with 265 New York offices.
MENTIONED IN THIS ARTICLE
Key Bank
Upstate New York
Alheiy Une Albank Financial Corp
Key
New York
Shelly van Dusen
OnBank & Trust Co
Albank
Albany Savings Bank
Massachusetts
Vermont
Penn Can
Cicero
Glenwood
Oneida
U.S
Gary R. Allen
KeyCorp
Binghamton
Chenango Bridge
Endwell
Endicott
Greene
Vestal
AuSable Forks
Broadalbin
Fort Covington
Indian Lake
Lake Placid
Long Lake
Lyons Falls
Newcomb
North Creek
Freeze Drives Up Vegetable and Fruit Prices
Prices on most vegetables rose due to freezes in Mexico and Florida with area store officials noting a potential stabilization by next week. The cold snap fueled higher costs but experts say the worst may be over.
MENTIONED IN THIS ARTICLE
Mexico
Florida
Ann Hyatt
Wegmans Food Markets Inc
Produce prices spike after Mexican freeze hit Florida too
Steve Inserra of Syracuse Banana Co says supply from Florida and Mexico is tight as a freeze devastates crops. Wegmans notes beans rising from 12 to 35 per 20-pound case and cucumbers peppers squash and tomatoes in short supply with prices doubling or tripling. Shoppers plan to skip high cost items while hoping prices ease next week.
MENTIONED IN THIS ARTICLE
Ated
Hyatt
Wegmans
Mexico
Dade County
Fla
Florida
Steve Inserra
Syracuse Banana Co
New appointments and awards in Syracuse area business and health care
Anne Barash joins University Hospital Syracuse as assistant professor of family medicine with outpatient duties in the Madison Irving Building and inpatient admitting responsibility. Cherie Falso Shea named marketing and public relations manager at Visual Technologies Corp. in Syracuse. John J. Castellani promoted to executive vice president at Tenneco in Greenwich with oversight of government relations and corporate affairs. Alex Inasterpoly of Home Funding receives Republic Bank President Award for over 15 million in personal production in 1996. Syracuse Dairy Farmers Cooperative elects officers Steve Rego president Buane Ebert vice president Mary Crego secretary treasurer Joyce McCartney joins Freeman Interior Studio after working at Free man’s Decorating Outlet.
MENTIONED IN THIS ARTICLE
Anne Barash
DeWitt
University Hospital
Health Science Center
Syracuse
Barash
Madison Irving
Irving Avenue
Cherie Falso Shea
Visual Technologies Corp
Burnet Ave
John J. Castellani
Skaneateles
Tenneco
Alex Inasterpoly
Home Funding
Republic Bank
Masterpole
Syracuse Dairy Farmers Cooperative Board of
Steverego
Bakdwinsville
Buane Ebert
Marcellus
Mary Crego
Memphis
Bennett panel drops simplified claim form in bankruptcy case
The Bennett companies unsecured creditors committee abandoned its simplified proof of claim form citing a “logistical nightmare” and seeks a further extension of the claim deadline from March 15 to May 15. Judge Stephen D. Gerling will decide Feb. 13. The panel plans creditor meetings in Florida and New Jersey to assist those unable to attend earlier Syracuse sessions, with meetings Feb. 26 at the Omni Hotel in West Palm Beach and a New Jersey date pending. Nine Bennett firms filed for Chapter 11 last year to reorganize a $1 billion debt amid four executives facing fraud accusations.
MENTIONED IN THIS ARTICLE
Bennett Companies
U.S. Bankruptcy Court
Stephen D. Gerling
Daniel Stolz
Stolz
Florida
New Jersey
Syracuse
Omni
West Palm Beach
Fla
Bennett
Nuke waste disposal fight moves to appeals court
Washington industry and 33 states ask an appeals court to force the federal government to dispose of reactor waste and stop mandatory fund payments. Niagara Mohawk joins, citing on site storage at Nine Mile Point 1 and 2 in Scriba.
MENTIONED IN THIS ARTICLE
Washington
Michigan
Frank Kelley
Niagara Mohawk Power Corp
Alberto Bianchetti
New York
Bianchetti
Niagara Mohawk
Scriba
Nine Mile 1
Nine Mile 2
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StockQuote Hotline
Snapshot
de Ruyter
Madison County
Elizabeth Doran
Peter’s Groceries Inc
Peter Cassano
Peter
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Fei
Ellen Tarrant
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Joyce McCartney
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Susan Royal
Company Matters
c/o
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N.Y
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