Summarized by Kent Larsen
Business News Briefs
Week Ended 24 October 1999
Collected by Kent Larsen
Stories:
Temple lights up future of Nauvoo
There's no way you have enough time to see all the LDS sites on the web
Bonneville still can't buy FM station in Salt Lake City
ZCMI sale prompting queries over Orem pact
LDS Church purchases video design services from AZCAR Technologies
BYU to send out CD-ROMS promoting its graduates
Most ZCMI jobs secure -- for now
Group tries to save Mormon Mill
ZCMI last of long-time Salt Lake retailers
Bonneville-owned classical music station drops "Live from the Met"
Ancestry's on-line databases grow
Nauvoo businesses see big opportunities
Ohio firm sees market among Mormons for Sassafras Tea
Craig Griffin named sales manager of Waterfield Financial SLC Office
Temple lights up future of Nauvoo
The services of a city planner are the most important side benefit to
the town of Nauvoo's deal with the LDS Church allowing construction of
the Nauvoo Temple, says mayor Tom Wilson. In addition to the planner,
the town will get $471,440 in cash and traffic and parking studies.
Temple lights up future of Nauvoo
Deseret News 24Oct99 B1
By Stephen A. Martin: Deseret News correspondent
There's no way you have enough time to see all the LDS sites on the web
Herald reporter Gardner checks out some of the easiest-found LDS-related
websites. Somehow he missed Mormon-News, found at http://www.MormonsToday.com/.
Check out LDS Church on the Web
Provo UT Daily Herald 24Oct99 B1
By Steven Gardner: The Daily Herald
Bonneville still can't buy FM station in Salt Lake City
LDS Church-owned Bonneville Communications has for years been unable to
purchase an FM station in the Salt Lake City area as a companion for its
AM station, KSL. Deseret News reporter, noting that national firm Clear
Channel, the largest owner of radio stations in the U.S., has more than
1,000 stations and covers 46 of the top 50 radio markets in the U.S.,
wonders why the FCC still keeps Bonneville from purchasing an FM station
in Salt Lake. Clear Channel owns seven stations in Salt Lake City.
Clear Channel is now biggest radio firm in U.S.
Deseret News 15Oct99 B3
By Lynn Arave: Deseret News staff writer
ZCMI sale prompting queries over Orem pact
The city of Orem, Utah signed an agreement with ZCMI last year giving
the beleaguered retailer a multi-million dollar tax break. Orem is now
looking at the pact to see if the purchase of ZCMI is a breach of the
agreement or if May Department Stores will inherit the tax break.
ZCMI sale prompting queries over Orem pact
Deseret News 20Oct99 B3
By Frank Curreri: Deseret News staff writer
LDS Church purchases video design services from AZCAR Technologies
The LDS Church has agreed to purchase detailed audio and video
engineering design and on-site systems integration services from the
canadian firm AZCAR Technologies, Inc. The agreement allows the company
to continue its work on the LDS Church's new 21,000 seat Conference
Center. AZCAR estimates that it will complete its work by the 2nd
quarter of 2000. The company says that the value of this contract,
combined with a contract with E! Entertainment Television is in excess
of $7 million canadian.
AZCAR Technologies Incorporated Announces Contracts in excess of
C$7 million
AZCAR Technologies Press Release 13Oct99 B3
BYU to send out CD-ROMS promoting its graduates
BYU's Career Placement office has contracted with Impact Media, a
subsidiary of Galaxy Enterprises, for the production of 'cut' CDs to be
sent out to corporations and recruiting firms nationwide. The CDs, which
will include promotional information about BYU including campus
snapshots, contemporary music and a video featuring University President
Merrill J. Bateman, will be cut in the shape of the BYU logo.
Cut CDs Go to College
B3 PRNewswire (Galaxy Enterprises Press Release) 22Oct99 B3
Most ZCMI jobs secure -- for now
While most ZCMI employees' jobs are secure, as with most ownership
changes, some employees' jobs will be eliminated, including management
and support staff above the store level. The staff at each ZCMI store
should stay the same. The biggest impact on most current employees will
come when May removes the ZCMI name from the stores and opens them on
Sundays. Some store managers worry that they will loose long-time
employees with the change because of Sunday schedules.
Most ZCMI jobs secure -- for now
Provo UT Daily Herald 20Oct99 B3
By Nancy Bliss: The Daily Herald
Group tries to save Mormon Mill
The group Friends of the Mill is trying to save the Baron Woolen Mill in
Brigham City, Utah, a century-old woolen mill built on the banks of Box
Elder Creek in Brigham City by a cooperative led by then-Apostle Lorenzo
Snow. The group is seeking to turn the mill into a living history park.
Mill May Be Headed For Scrap Heap
Salt Lake Tribune 24Oct99 B3
By Kristen Moulton: Salt Lake Tribune
ZCMI last of long-time Salt Lake retailers
While ZCMI isn't the only long-time Salt Lake City retailer to be
purchased or go out of business, it has lasted very long. Tribune
reporter Sahm suggests that this may be because its image and history
has been connected to the LDS Church.
Utah Stores of Yore Now Extinct
Salt Lake Tribune 24Oct99 B3
By Phil Sahm: Salt Lake Tribune
Bonneville-owned classical music station drops "Live from the Met"
KDFC radio in San Francisco, owned by the LDS Church's Bonneville
Communications, has decided it will not carry the 1999-2000 season of
"Live from the Met," which has filled the Saturday afternoons of many an
opera and classical music afficcionado. While music fans have complained
to the station and the FCC, columnist Salter says the blame should be
placed on market forces, those driving classical stations to produce
what some call "classical lite."
Since making changes to the format, Bonneville has added 100,000 new
listeners. Bonneville purchased the station in April 1997 to the cheers
of San Francisco classical music fans who were afraid new owners would
dump classical music altogether. Another area station, KBZS in Palo
Alto, will broadcast "Live from the Met."
KDFC to Met: Addios
San Francisco CA Examiner 21Oct99 B3
By Stephanie Salter: Examiner Columnist
Ancestry's on-line databases grow
Ancestry announced recently that it has added 120 million names to its
on-line databases, bringing the total to 400 million records, close to
the number of records available on the LDS Church's on-line site,
FamilySearch.org. Ancestry's new records come from European telephone
records, facilitating contact with living relatives.
Science news: Bits and bytes: Ancestry.com adds 120 million names
Deseret News 13Oct99 B4
Compiled by Joe Bauman and Steve Fidel: Deseret News staff writers
Nauvoo businesses see big opportunities
Businesses in Nauvoo, Illinois are expecting increased business because
of the reconstruction and eventual opening of the Nauvoo Temple. This
article profiles the Nauvoo Family Motel, which is expanding its
facilities for honeymoons and the Allyn Historic Sash Co., which has
landed a contract to manufacture windows and doors for the Temple.
Nauvoo businesses see big opportunities
Deseret News 23Oct99 B4
By Stephen A. Martin: Deseret News correspondent
Ohio firm sees market among Mormons for Sassafras Tea
H&K Products, Inc. says that they are basically the only manufacturer of
sassafras tea. It doesn't even have any competition from Celestial
Seasonings, the huge Boulder, Colorado tea maker, which says while it
does get requests for sassafras tea, it doesn't get enough requests to
justify making it. The company says Mormons are a strong market for its
tea, which is made from the bark of the root of the sassafras tree.
Small area firm virtually alone in line of barking up a right tea
Toledo OH Blade 13Oct99 B6
By Jane Schmucker: Blade Business Writer
Craig Griffin named sales manager of Waterfield Financial SLC Office
BYU graduate Craig Griffin has been named sales manager for Waterfield's
Salt Lake City Office. Griffin also attended Ricks College.
Waterfield Financial Opens Office in Salt Lake City; Virtual Loan Folder
Digitizes 100-page Loan
Businesswire (Waterfield Financial Press Release) 14Oct99 B2
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