A temporary success

Article Abstract:

Wilson & Wilson Temporary Group Inc., a Philadelphia, PA-based temporary staffing agency, was established by African-American Gwendoyn L. Wilson in 1995. The firm has grown into a successful agency by concentrating on inner cities that offer light competition as well as offering its workers special services such as day care loans and transportation expenses to and from work. The firm now has a staff of 16 people with offices in five cities including Wilmington, DE, that offers work for at least 100 people daily. Since 1996, the firm's annual revenues have exceeded $1 million that initially began at roughly $30,000. Wilson was named businesswoman of the year by Philadelphia's Minority Business Enterprise Council.

Comment:

Is a Philadelphia, PA-based temporary staffing agency w/c was established by African-American Gwendoyn L Wilson in 1995

Temporary Help Services, Employment Placement Agencies, Pennsylvania, Temporary employment services, Wilson and Wilson Temporary Group Inc.

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Artesian Water's profits gushing

Article Abstract:

Artesian Water Co. is a family-run business formerly known as the Richardson Park Water Co. established in 1905 to supply water to northern New Castle County, DE. Artesian, which has 160 employees, serves over 60,000 homes and businesses throughout Delaware. It posted profits of $1.89 million on revenues on $22.34 million for its fiscal year in 1997. In the past three years, Artesian expanded its water service beyond New Castle County by building on its provider area by over 15% and is now able to provide sufficient water supply through the next 50 years. Its stock reportedly reached a record level in October 1998 despite a volatile market.

Comment:

Is a family-run business formerly known as the Richardson Park Water Co formed in 1905 to supply water to New Castle County

Water Supply and Irrigation Systems, Delaware, Water Distribution, Artesian Water Company Inc.

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Conoco off to a fast start

Article Abstract:

Conoco, a petroleum production company headquartered in Houston, TX, has raised $4.4 billion in its initial public offering of company stock conducted on Oct. 22, 1998. The oil firm has sold more than 38 million shares of stock, valued at $23 per share. The success of Conoco's initial public offering was spurred by the high confidence of investors in the Conoco name and its attractive offering price. The offering is part of the efforts of the company's parent organization, DuPont Co., to spin-off its petroleum production unit. DuPont maintains and control a 70% interest in Conoco.

Comment:

Raises $4.4 bil in its initial public offering of company stock conducted on 10/22/98

Organizational history, Petroleum, Petroleum and Coal Products Manufacturing, Texas, Conoco Inc.

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