For U.S. Vision, home sweet home in South Jersey

Article Abstract:

US Vision Inc.'s (Camden Country, NJ) CEOWilliam A Schwartz Jr still found that the Philadelphia, PA, area offered something positive to warrant returning at least part of the company's operation back to where it had started, prior to it's acquisition by Royal International Optical Corp. (Dallas, TX) back in 1990 and subsequent move of operations to Texas. A key element of his returning back to the Philadelphia area was the Delaware River Port Authority's (DRPA) economic development unit which loaned $4.7 mil at 2% interest to US Vision to built a new optical factory in Glendora. He told DRPA that the factory would employ 200 or 250 workers, but now there are 300 employees at the plant. Company profile.

Comment:

US Vision's CEO finds Philadelphia area still worth coming back to by returning part of operations to area thanks to DRPA loan

Optical Goods Retail, Optical Goods Stores, Optical shops, US Vision Inc.

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Intel exercises its considerable power outside the computer

Article Abstract:

In six years Intel has gone from a PC microprocessor manufacturer to a major, indispensable influence in the computer industry. According to IDC research, Intel controlled almost 79% of the microprocessor market in 1998. No hardware company is more responsible for the developments in computer industry than Intel. The company has firm control on almost every aspect of PC performance, ranging from memory, to graphics, to sound. Intel's influence is so strong that it can control whether products and even companies in the industry succeed or fail. The FTC is looking into Intel's business practices.

Semiconductors and related devices, Semiconductor Devices, Semiconductor and Related Device Manufacturing, Intel Corp., INTC

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Eastwind sets up 3 Phila. routes that will compete with US Airways

Article Abstract:

Eastwind Airlines has sharply expanded its route system with the launch of flights between Philadelphia and three cities dominated by US Airways. Operating out of Philadelphia International Airport's Terminal E, Eastwind began flying twice daily round-trips to Boston, and once-a-day round-trips to Greensboro, NC, and Pittsburgh. The airline will continue its routes from Trenton to Boston, Greensboro, and Orlando, FL, and plans to add Philadelphia-Orlando flights this winter. Eastwind's highest fares are expected to be about $149 each way, with no restrictions.

Services introduction, Scheduled Passenger Air Transportation, Scheduled Air Passenger Svc, Airlines, Eastwind Airlines Inc.

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