Wilmot family suit over Wilmorite settled quietly
A $225 million federal case involving the Wilmorite Inc. family spinoff was quietly settled. Thomas C. Wilmot and relatives Christine R. Wilmot and William B. Wilmot claimed fraud and embezzlement, while Thomas argued the cousins acted from greed. Terms were not disclosed.
MENTIONED IN THIS ARTICLE
Spi
Wilmorite Inc
Thomas C. Wilmot
Wilmorite
Relativc
Prutlis
New York
Great Northern Mall
Clay
Shopping Town Mall
DeWitt
Camillus Mall
Fairmount Fair Shopping Center
Camis
Cineical Estate
Thomas Wilmot
Christine R. Wilmot
William B. Wilmot
Wilmot
Wilmore Inc
Wilmorite Properties
K J Electric Named National Distributor of the Year
KJ Electric in DeWitt named national distributor of the year by Danfoss Electronic Drives of Illinois from a pool of 133 distributors nationwide. The firm distributes and repairs electric motors drives controls and power transmission products with facilities in Albany Binghamton Buffalo and Rochester. Danfoss makes adjustable speed drives for variable speed control of electric motors. Tany Fong.
MENTIONED IN THIS ARTICLE
K.J. Electric
DeWitt
Danfoss Electronic Drives
Iinois
East Molloy Road
KJ. Electric
Albany
Binghamton
Buffalo
Rochester
Danfoss
Tany Fong
Teleconference for Public Works Leaders to Choose Consultant
Public works officials may join an Aug 19 teleconference from 11 30 a m to 4 p m at the WCNY building in Liverpool. Fee is 15 dollars per person or 12 each for three or more. Call Michael Tamblin for details. Event organized by local chapters of APWA CE Council and Qualifications Based Selection council.
MENTIONED IN THIS ARTICLE
WCNY
Liverpool
Michael] Tamblin
Learn & Wheler
Lit
American Public Works Association
Consulting Engineers Council
Qualifications Based Selection Council
High tech apple growing grant aids New York growers
Cornell University received a three year grant totaling 717000 from an anonymous donor to fund new apple technologies at the New York State Agricultural Experiment Station in Geneva. The program aims to create new apple products and to promote cost effective and eco friendly orchard production.
MENTIONED IN THIS ARTICLE
Cornell University
New York
New York State Agricultural Experiment Station
Geneva
Newsline updates for business stock data guidance
Newsline provides business updates and stock quotes by calling 472-2111 and selecting code four. It mentions a Stock Quote Portfolio variant B0 and outlines category access.
Pyramid to sell malls individually after plan to market as group fails
Syracuse based Pyramid Cos shifts from selling Carousel Center and 24 malls as one unit to marketing each property to individual buyers. Analysts say market frenzy has cooled and the Congel family seeks to avoid future disputes as it plans expansion at Carousel Center despite a for sale status.
MENTIONED IN THIS ARTICLE
Syracuse
Pyramid
Robert Congel
Congel
Davalaning
Chan
JO Canleeps
SIMI
Pusanes Center
Rockland County
Congel Development
REITS
Tor
John Cirillo
The
Rouse Co
Carousel Center
Buffalo
Walden Galleria
Albany
Crossgates Commons
Ithaca
Watertown
Simon DeBartolo
Decision delayed on Breeden's finances
The hearing on whether trustee Richard C. Breeden must answer questions about his Equivest Finance investment was postponed by U S Bankruptcy Court Chief Judge Stephen D Gerling The 2004 exam usually targets company finances but not a bankruptcy trustee Bennett executives seek to question Breeden about his stake in Equivest which he bought in November and disclosed only in January Breeden also serves as Equivest CEO while Equivest owes Bennett about 25 million Breeden has faced fraud perjury and money laundering charges with a Fifth Amendment assertations during prior bankruptcy proceedings
MENTIONED IN THIS ARTICLE
Bennett Companies
Richard C. Breeden
U.S
Stephen D. Gerling
Breeden
Patrick Bennett
Equivest Finance Inc
Bennett Company
Equivest
Bennett
Bank- Tupley
Downtown trolley restored for new owner and charity use
Sam's Auto Body completed restoration of one of two downtown trolleys for Galco Management, which bought the pair for 25,400 after city use. The project spanned 550 labor hours, included brass rail polishing and wood refinishing, and the trolleys will host business events, charity functions, and weddings.
MENTIONED IN THIS ARTICLE
Aws Tan Sladen
Lode Pesensr Ey Perenne
Gary Grieshaber
Syracuse
Galco
Grieshaber
Sam’s
Galco Management
Colorado Mine Co
Fresno’s
Sam’s Auto Body
Erie Blvd
Sam
Brian Kane
Gary Greishaber
Greishaber
Kane
Kate Futrell
Futrell
Air Canada adds nonstop Syracuse Toronto service
Air Canada begins Syracuse Hancock International nonstop flights to Toronto starting September 20 with Air Connection offering four weekday round trips and three on weekends. Syracuse becomes the first upstate city with nonstop Toronto service, reversing 18 months of connections through other cities.
MENTIONED IN THIS ARTICLE
New York
Toronto
Air Canada
Syracuse Hancock International
Air Connexion
Syracuse
Business Express
David Aitken
Boston
New York City
Philadelphia
Pittsburgh
Bristol-Myers Squibb
Killian Manufacturing
Nammack Associates
Business leaders named to St. Joseph's Council of Advisers
M Albert Antonini of Fayetteville former president and chief executive of ficr of Blue Cross and Blue Shield of Central New York was elected to St. Joseph's Hospital Health Center Council of Advisers. The group advises and supports hospital development efforts and has members elected from varied professions.
MENTIONED IN THIS ARTICLE
Albert Antonini
Fayetteville
Officr
Blue Cross
Blue Shield
Central New York
St. Joseph's Hospital Health Center
St. Joseph's
Malavanti M. Seetharam
DeWitt
Union Rejects Second Beer Contract Offer
The Teamsters nationwide again rejected Anheuser-Busch’s contract proposal by a narrow margin, with Local 1149 in Lysander voting 329 to 278 against. Union leaders will decide next steps as talks, arbitration, or a strike remain on the table.
MENTIONED IN THIS ARTICLE
Teamsters
Anheuser-Busch Cos
Lysander
Washington, D.C
Teamsters Local
Local 1149
Rob Hermann
Hermann
Brian MecNeis
McNelis
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Sun Life of Canada
American College
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James F. Prioletti
American Express Financial Advisers
Dalbar
Securities & Exchange Commission
Directions Group
Skaneateles
SEL Battlery
Hatmaike
Headilay
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