Inservco plans major expansion in LaGrange plant
Inservco Inc plans a three year phased expansion doubling floor space and staff from 160 to about 300 at its Commerce Drive plant with MCM Capital Partners providing funding and taking partial ownership. Revenue is projected to rise from 20 million this year toward 34 to 40 million annually in three years.
MENTIONED IN THIS ARTICLE
Lagrange
Inservco Inc
Indus
Commerce Drive
MCM Capital Partners
Cleveland
LaGrange Company
Dennis Sudnick
Inserveo
Sudnick
Inservco
Jere F Simonson
Lion
Sudnick, Simonson
MCM
Natalie Sheth
Cecil's Trackside Diner Revived At Depot Street
Wellington as owner Sandy Aden reopened the 100 year old train car diner at 105 Depot St renaming it Cecil's Trackside Diner. She plans breakfast and lunch specials and keeps many of the former owner Demitri Damartzis's touches amid a nod to local railroad history. The cafe operates 5 30 a m to 2 30 p m weekdays and 7 a m to noon weekends.
MENTIONED IN THIS ARTICLE
Wellington
Sandy Aden
Aden
Depot St
Demitri Damartzis
Demitri
Howard Johnson's
2 Bank
Cecil
Trackside
Chuck Homel
Chronicle
Unclear when pump will show lower gas prices
Washington officials weighed how soon OPEC boosted crude output would cut gasoline costs for summer drivers. The group agreed to raise production by 1.7 million barrels a day to fill a 2 million barrel daily shortfall, but experts say it may take six to eight weeks for cheaper oil to reach U S markets and for price declines to reach pumps.
MENTIONED IN THIS ARTICLE
Washington
OPEC
Clinton
Organization of Petroleum Exporting Countries
New York Mercantile Exchange
U.S
Addi
Red Cavaney
American Petroleum Institute
Cavaney
Tech stocks tumble as Nasdaq sinks amid profit taking
New York stocks saw a tech led decline with the Nasdaq down 189.22 to 4,644.67, while the Dow rose to 11,018.72 and the S P 500 edged up to 1,508.52. Smaller companies fell as Redback Networks and eBay dropped sharply, amid broader mixed indicators and caution from Goldman Sachs’ Abby Cohen on overvalued techs.
MENTIONED IN THIS ARTICLE
New York
Standard & Poor
Redback Networks
eBay
Sun Microsystems
Yahoo
Medical giants form Net exchange to cut hospital costs
Abbott Laboratories Baxter International and three other top medical-product makers will create a private Internet based exchange in Chicago to streamline procurement, share real time clinical data, and cut billions in hospital supply costs. Partners include Johnson & Johnson Medtronic GE Medical Systems and aim to save tens of millions per company while preserving separate pricing.
MENTIONED IN THIS ARTICLE
Abbott Laboratories
Baxter International Inc
Chicago
Abbott and Deerfield
Baxter
Harry Kraemer
New York Stock Exchange
American Hospital Association
Health Forum Journal
William Donovan
Duke University Health System
Sears, Roebuck and Co
Abbott
Miles White
Exchange
White
Federal Trade Commission
FTC
Hillard Sterling
Spe
Also Mentioned on This Page
James C. Poffenberger HI
A. Malachi Mixon IE
Invacare Corp
Elyria
Diana May
The
Chronicle-Telegram
Net Exchange
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