Key to LSSi's venture capital? Communication

Article Abstract:

Listing Services Solutions Inc.'s (LSSi) database has 130 million listings around the US for the $2.3 billion directory-assistance market. LSSi directly purchases information directory companies and local telephone firms, rather than depend on data from marketing firms and credit reports. Information directory and local phone companies offer updated information on a daily basis. Directory-assistance firms consequently purchase database access so that they can offer callers accurate information. LSSi has bought 10 million new listings and 16 new phone company clients between April 1998 and has received $12.3 million in venture-capital investments.

Strategy & planning, On-Line Information Services, Database Vendors, Database industry, Listing Services Solutions Inc.

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Pa. paper maker burned by tobacco industry woes. (P.H. Glatfelter Co., reorganizes)

Article Abstract:

Spring Grove-based specialty paper manufacturer P.H. Gletfelter Co., has reorganized its paper business due to lower demand for tobacco paper. It has diversified its operations and signs deal to supply British American Tobacco PLC, to improve its financial position.

Comment:

Reorganizes to survive slump due to lower demand for tobacco paper.

United Kingdom, Financial management, Contracts & orders received, Production management, Use of materials & supplies, Paper, Paper Mills, Paper industry, P.H. Glatfelter Co., British American Tobacco Plc.

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