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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Jul 04, 1997
Page
5
Interaxx shows a slick pitch with no product yet. promoters tout a Web TV device and private placement, while Ivax, a large generic drug firm, faces restructuring and potential sale. Analysts warn of risk, noting Ivax’s mixed profits and leadership changes.
Patchwork Plus at 36 Jordan St Ska neateles run by Judi West employs four part timers and stocks Liberty of London Kona Bay and Momen House cotton fabrics plus kits for quilt making and sewing notions. The shop sells Bernina machines and hosts weekly clubs with donations to a Cayuga County women’s shelter. West opened eleven summers ago after buying out a partner and financed via a home equity loan, saying Small Business Admin help and trial and error shaped the business while she cherishes meeting quilters from around the world. Future plans focus on expanding home sewing classes and materials.
Lockheed Martin plans to acquire Northrop Grumman for 11.6 billion dollars and expects job growth overall. Salina New York plant makers radar and sonar systems will see little overlap with Northrop’s airborne radar focus, with executives forecasting hires rather than layoffs. The merged company would be named Lockheed Martin and aim for about 180,000 employees worldwide with 1997 revenues around 37 billion dollars.
Tony Fon reports that Jimmy Stewart's death has not boosted rentals at Syracuse area video stores. Several dealers note no movement yet, with some saying it is too early to gauge effects on classics like It's a Wonderful Life and Rear Window. They cite holiday slowdowns and compare past actor deaths, such as John Candy, where releases affected demand.
Jennifer B Morse joins Empire Federal Credit Union in Camillus as director of administration overseeing human resources and admin. Patricia Nedie named corporate vice president of patient care services at Crouse Hospital Syracuse. Claire Geagan Flynn and Dale Worrall named associates at Hancock Estabrook in Syracuse. Frazer Elementary School receives $1000 donation from Unity Mutual Life Insurance for uniforms. Alma White joins Northside Collision in DeWitt as manager. Alma White.
Sunoco and other oil firms won a city fight but seek to remain in Oil City as Lakefront Development Corp probes a 75 million plan to transform the area into a marina aquarium apartments and shops. They may use Coastal Refining tanks temporarily while a Thruway Authority pipe connects lines.
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