St. Louis Commerce Magazine St. Louis Commerce Magazine Archives Contact Commerce Magazine Subscription Information Advertisement Information
St. Louis RCGA
Navigation


DEPARTMENTS

COMMERCE IN BRIEF

COMMERCE IN BRIEF

Above: Left to right: James Kratzer, chairman of the County Executive Council board of directors; Nancy Wideman, president of Mastercraft Tool Company (Outstanding Entrepreneur); P.J. Desai, vice president of plants, business and finance for Monsanto Enviro-Chem Systems (International Business); Priscilla Hill-Ardoin, former president of Missouri operations for Southwestern Bell (Community Partnership); Christine Timmins, vice president of St. Louis Operations for Convergys Corporation (Business Expansion); and Denny Coleman, president and CEO of the St. Louis County Economic Council.


St. Louis County Economic Council announces award recipients

St. Louis County Economic Council (SLCEC) recently announced the winners of four of the organization’s annual awards.

Mastercraft Tool Company, which manufactures and assembles high-quality machined parts for the aerospace and technical industry, received the Outstanding Entrepreneur award. Since Nancy Wideman purchased the company four years ago, sales have tripled and the number of employees has doubled. SLCEC helped finance the company through the Small Business Association’s 504 loan program.

Monsanto Enviro-Chem Systems was selected as International Business of the Year, based on the company’s recently completed construction of two new plants in Australia and one in the Philippines. In addition, the company is currently building a plant in South Africa. Throughout this process, World Trade Center St. Louis has worked with the company on a variety of logistical issues within foreign countries.

Convergys Corporation was selected for the Business Expansion Award based on its recent renovation of 65,000 square feet of vacant retail space in North County; the expansion is expected to add 700 jobs to the North County area.

Southwestern Bell received the Community Partnership Award for the company’s transformation of a vacant manufacturing facility into a 128,000-square-foot state-of-the-art telecommunications facility in Olivette. Southwestern Bell’s 1998 opening of its Corporate Call Center at this location complements St. Louis County’s redevelopment strategies for its older suburban core communities.

Allegiant Bank opens downtown branch

Allegiant Bank’s 14th branch has opened on the corner of Broadway and Pine. The new location houses the bank’s first downtown office. Allegiant officials believe that opening a downtown branch is a natural extension of the bank’s growth strategy.

“Downtown offers a bank of our size tremendous growth opportunity,” says Jim Schaller, senior vice president of retail banking. “There is a lot of business here, and we’ve already taken in more than $2 million in consumer deposits.” The downtown branch will also aggressively pursue smaller and medium-sized commercial accounts.

St. Louis-based Allegiant Bancorp. is the parent company of Allegiant Bank, which operates 14 branches in the St. Louis area with total assets of approximately $620 million. Allegiant offers commercial and retail products and financial services to its customers, including mortgages, trust services, home equity credit lines, debit cards and free checking.

Gray Design Group opens office in Ft. Myers, Fla.

Gray Design Group, a leading commercial architecture and interior design firm with offices in St. Louis and Denver, has announced the opening of a third office in Ft. Myers, Fla. Patrick Hartig, a nine-year employee of Gray Design Group’s St. Louis office, has been named vice president and will head up Florida operations.

“We decided to open our Florida office in response to continued growth opportunities in the southwestern U.S. markets,” says principal John Gray.

Founded in 1982, Gray Design Group offers a full range of design services including architecture, corporate office design, tenant planning, commercial interior design and three-dimensional computer visualization.

Bradford & Galt becomes founding member of NACCB Educational Foundation

Bradford & Galt Inc., a St. Louis-based information technology staffing and consulting firm with offices in Kansas City, Peoria, Dallas and Chicago, has become a founding member of an educational foundation established by the National Association of Computer Consultant Businesses (NACCB).

The NACCB’s Open Door Educational Foundation has begun a three-year, $5 million fund-raising campaign to build a scholarship endowment for aspiring computer professionals. The Foundation plans to provide scholarships, loans, loan guarantees, programs and mentoring to encourage high school students to consider computer-related careers.

“Last year, the U.S. Department of Labor published new projections stating that more than one million jobs for computer scientists, engineers, programmers and systems analysts will be created during the period from 1996-2006,” says Bradford & Galt president Brad Layton. “We think it’s going to be up to IT-related industries to address the labor shortage by educating young people about the opportunities available and helping them fund the education and training they need to qualify for those jobs.”

Emerson to acquire Daniel Industries for $460 million

Emerson Electric Co. and Daniel Industries, Inc. have reached an agreement for Emerson to acquire Daniel for approximately $460 million. The transaction is subject to regulatory and other customary conditions and is expected to be completed within the current quarter, with Daniel becoming a wholly-owned subsidiary of Emerson.

“Daniel’s leading market position and advanced technology in the oil and gas industry will expand Emerson’s product leadership and strengthen our ability to provide services and solutions in this important market segment, especially natural gas,” says Charles F. Knight, Emerson’s chairman and CEO. “In addition, Daniel’s excellent reputation, strong customer relationships and broad distribution network present the opportunity to sell more products, systems and services from other Emerson divisions.”

Based in Houston, Texas, Daniel Industries is an international provider of measurement and control equipment, systems and services for the oil and gas industry. The company reported revenues of $283.2 million in 1998.


James Wittico, M.D.Gloria Taylor

Above: James Wittico, M.D. and Gloria Taylor


St. Louis American honors contributors to the quality of life of St. Louisans

Making the region a better place for St. Louisans, James Whittico, an activist physician, and Gloria Taylor, founder and president of Community Women Against Hardship (CWAH), will be honored on Sept. 3, by the St. Louis American Foundation. The 12th annual Awards and Scholarship Banquet will be held in the Grand Ballroom of the America’s Center. Net proceeds from the event go toward student scholarships to assist the next generation of African-American leaders. More than $37,500 in grants and scholarships were awarded in 1998.

Dr. Whittico will receive the Salute to Excellence Lifetime Achiever award for not only his work as a surgeon, but his comittment to creating opportunities for minorities in medicine. He is currently on staff at Saint Louis University Hospital as a clinical professor and is a founder of the Mound City Medical Center, a segregated hospital that trained black physicians. Earlier in his life, he was involved in bringing the Cervantes Convention Center to the city on a third bond issue, he also worked with the Urban League and the Vaughn Culture Center, the Black Leadership Roundtable and much more.

Taylor will be honored as the 1999 Stellar Performer. Taylor co-founded CWAH, a grassroots organization that pairs trained volunteer family caseworkers with families for a year or more. The caseworkers help families stand on their own by supplying food and clothes and helping families find better housing and ways to keep their children in school. CWAH also has a Family Skills Building Workshop that helps participants build stronger self images and techniques on how to stop child abuse. Taylor, caseworkers and volunteers have helped some 1,400 mothers and children break the cycle of poverty.

For more information on the Awards and Scholarship Banquet, contact the St. Louis American, 314/533-8000.

Trans National Communications International Inc. forms partnership with WAN Technologies, Inc.

Boston-based Trans National Communications International Inc. (TNCI), one of the largest long distance resellers in the country, has announced that it has entered into a strategic partnership with WAN Technologies, Inc., a St. Louis-based Wide Area Network systems integrator. WAN operates primarily as a resource to telecommunications sales forces by offering network design, equipment evaluation, selection, installation and maintenance.

The partnership is dedicated to providing TNCI customers a complete package of telecommunications products and services required for improving existing and creating new Wide Area Networks for voice and data communications. The strategic partnership between TNCI and WAN Technologies is based on the increasing desire of business IT managers to have a single source for all of their communication needs. Through the affiliation, TNCI will provide the voice, data and Internet circuits, and WAN Technologies will provide the engineering, equipment and management services to keep the circuits in use.

“This addition to our list of strategic partners demonstrates the dedication of TNCI to growth and customer service,” says Damian Gerard, WAN’s director of marketing. “TNCI is way ahead of the pack in being able to deliver a total package to the customer and making the buying process much easier.”

WorkNet Communications raises $6 million, kicks off multi-city expansion

St. Louis-based WorkNet Communications has completed its efforts to raise $6 million to support the next phase of the company’s expansion. The company offers high-speed Internet access to business customers by using its next-generation wireless network to directly connect companies to the global communications network.

WorkNet is expanding its local presence and is fully operational in Indianapolis. Later this year, the company intends to enter the Columbus, Cincinnati, Kansas City, Nashville and Cleveland markets. WorkNet plans to infiltrate as many as 20 new markets by the end of 2000. To support its growth, WorkNet will also add an estimated 80 employees to its local roster this year.

Bryan Cave receives license to open office in China

Bryan Cave LLP has announced that the firm has been granted a license to open an office in Shanghai, China’s largest city and a leading financial, commercial, industrial and technology center in Asia. Bryan Cave is only the fifth U.S. law firm to be granted the license. The firm has maintained an office in Hong Kong for more than five years, and represents a number of clients with extensive business investments in China, including Anheuser-Busch, Bunge Corporation, Deutsche Financial Services and Reynolds Metals.

“This is the culmination of six years of intensive effort and commitment on the part of Bryan Cave lawyers in the US and Asia,” says Walter Metcalfe, Jr., chairman of Bryan Cave. “Notwithstanding the current economic difficulties being experienced in Asia, there can be no question of the importance of China in the world economy, both currently and in the future.”

Regional Arts Commission announces 1999 grant recipients and sponsor of Cultural Tourism Program

The Regional Arts Commission (RAC) recently approved more than $2.9 million in grant awards to support 206 non-profit arts and cultural organizations in the St. Louis area. This represents the largest annual grants round to date for RAC, which seeks to promote and foster the arts in the St. Louis region through programming and operational support.

More than 215 applications were submitted requesting approximately $4.6 million in support. Citizen panels, staff members and Commissioners reviewed the requests, which are evaluated on the basis of eight criteria: quality of programs, innovative ideas, fiscal health, cultural diversity, local and regional impact, community outreach, management capability and need in the community.

In other news, Emerson Electric Company has signed on as the first major corporate sponsor of RAC’s Cultural Tourism Program. The program is designed to enhance the cultural reputation of St. Louis and deliver a significant economic benefit to the area through the packaging and marketing of St. Louis’ cultural assets. It is being implemented by RAC, in partnership with the Convention and Visitors Commission (CVC).

Approximately 45 arts organizations in the St. Louis area are already participating in the program. Plans are underway to create weekend packages to attract tour groups and individuals, and several area hotels and restaurants have displayed an interest in the program and participated in introductory meetings.

Cultural tourism is the hottest trend in the tourism industry. According to the CVC, cultural tourists stay longer and spend more money; almost 6.5 million people visited St. Louis during 1997, contributing more than $2 billion to the local economy.

Symphony receives $125,000 grant from NEA for education and outreach programs

The National Endowment for the Arts has awarded the Saint Louis Symphony Orchestra (SLSO) a $125,000 grant in the category of education and access to support A consortium music education project.

The grant will go to the maintenance and enhancement of the E. Desmond Lee Music Education Collaborative, a partnership between the SLSO, the University of Missouri–St. Louis, Opera Theater of St. Louis and 11 school districts with 46 schools. The program brings Symphony musicians and professional music educators from the University directly into schools to reach children throughout their educational careers.

In-school activities include instrument demonstrations, student clinics, master classes, recitals, talks and performances by SLSO musicians. In addition, students attend performances at the Symphony, UMSL and the Opera Theater.

 

 

- - - - - - - - - - - - - - - - - -

Cover Story
St. Louis Regional FAST 50 Technology Awards
St. Louis Regional FAST 50 Technology Awards
Profile
Profile
Brent Benjamin
Director
Saint Louis Art Museum

- - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - - - - -

Starting a Business Before Graduation
Starting a Business Before Graduation
For Art's Sake
For Art's Sake

- - - - - - - - - - - - - - - - - -

 


[ Bookmark/Favorites: http://www.stlcommercemagazine.com/ ]
Home | Archives | Contact Us | Ad Info | Subscription Info |



Reproduction of material from any stlcommercemagazine.com pages without written permission is strictly prohibited.
Copyright © 2005 St. Louis Regional Commerce & Growth Association (RCGA). All rights reserved.
St. Louis Commerce Magazine, One Metropolitan Square, Suite 1300, St. Louis, MO 63102
Telephone 314 444 1104 | Fax 314 206 3222 | E-mail | Advertising information