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Those are some of the storie s that highlight the WichitaBusiness Journal's 20 years of reporting locap breaking business news. As a part of the WBJ's 20th we're reprinting news from 1986, 1991, 1996 and 2001. Nov. 10, 1986 The managee of the PawneePlaza Mall, Mark Michaelis, confirmexd that he was negotiating with Wal-Marft to fill 103,000 square feet of space vacated threee years earlier by . Mall tenants hoped Wal-Mart woul move in and breathe life into the shoppingv center at Pawneeand Broadway. Not only did Wal-Martg open its first Wichita store in the mall in the retailer also bought the mall in 2002 then knocked it down to builcda Wal-Mart Supercenter.
The Kansas Attorney General'ss office and some state bankers questiones if the was followingb a new state law for handlingy bids on failed They were concerned that the FDIC seemed to favo r branch banks over newlychartered banks. Kansas Banking Commissioner Eugene Barrett got anattorney general's opinion stating that branch banking shouled be allowed "only when all else fails." Of 11 bank closingws after the law took effect, six reopeneds as branches, two were newlu chartered banks and three more had not , the owner of the Wichita Businessw Journal, announced it was merginyg with Scripps Howard Business Journals.
Scripps Howard, which was basedf in Houston and operated 10 business receivedapproximately $24 million in the stock transaction. At the ACBJ operated business journalsd in25 cities. Today the company has newspapers in42 cities. Nov. 8, 1991 The majorityh of the 375 employees at KansasGas Electric's corporate offices were told their jobs migh be moving to Topeka once state regulators ruleed on a proposed merger with . Merger team were looking for the most efficient site for combiningv services suchas accounting, finance, engineering, legal and data processing. The merget created in 1992, which became in 1999 afterd merging with Kansas CityPowef & Light.
Aviation industry observers were still tryint to decideif 's development of the Starshipp turboprop aircraft was a Only 18 Starships had been delivered even thoughu business aviation's first all-compositee construction aircraft had been certified in 1989. Analysts applaude Beech's decision to invest in leading-edge technology despite economic conditionx that hurt overallaircraft sales. A totalo of 53 Starships were built. In Raytheon Aircraft Co. decided to stop supporting the Starshi and offered to buy back all of the aircraftg fromtheir owners. Nov. 8, 1996 The Inc. settledc a patent-rights lawsuit with over the sale of flexibleslighting products.
The lawsuit claimex Coleman infringed on the patents Black Decker had forits "Snakelight." Coleman had suspended sales of two similar products pending the A Pennsylvania-based for-profit hospital chaimn took a close look at openingb a facility in Wichita. officiala believed a new hospital would lower healthj care costs inthe region. officials agreed a third hospital would bring down costs in theshort term, but they doubted that adding hospital beds would be in the community'as best interest in the long The demolition team set Dec. 22 as the date for the implosiob ofthe .
Businesses around the site were giveb a chance to learn more about how planned to use explosives to dropthe 17-storyy building. Nov. 9, 2001 City of Wichita officials believed a discount airline could be servin Wichita by the spring of 2002 after outliningthe " program. Area businesses were aske to pledge three months or more of their annual air travel budget to one or morediscounyt carriers. Steve Flescher, air service development directoe forthe city, said he wouldn't be surprised if one of threr carriers -- , or Americam TransAir -- would be ready to do business within six announced it would turn over its day-to-day mortgage lendinvg operations to on Jan. 2, 2002.
Emprise'e staff of 10 mortgags workers became Mortgage Center Atthe time, Empris handled $70 million in mortgage And Wichita was waiting for the "hot" lightg to come on as Krispy Kreme started hiring the 130 employeezs it would need to open its firsrt store in the area. The store at 7777 E. Centralk was scheduled to open Dec. 4. The compan y opened its secondWichitz location, 8512 W. Central, in 2003. Largest Wichita Officed Equipment andFurniture Companies, 1986. (ranked by full-time employees) 1. 2. 3. Scott Rice; 40; Ben Grisamore 4. Hesston Business 31; Rick Watson 5. Inc.; 28; Lloyd McGinle y 6. The 7. Southwestern Office Supply; 15; Robertf Blick II 8.
Contemporary Comfort; 12; Brendwa Sickmon 9. 10. 11. 12. 13. 14. 15. 16. Thompson-Crawley 8; Steve Roe 17. Janzejn Business Machines; 4; Larry Hart 18. 19. 20. Traditions; 2; Robi VanHuss
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