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Those are some of the stories that highligh t the WichitaBusiness Journal'z 20 years of reporting local breaking businessx news. As a part of the WBJ's 20th we're reprinting news from 1991, 1996 and 2001. Nov. 10, 1986 The managerr of the PawneePlaza Mall, Mark Michaelis, confirmed that he was negotiatingf with Wal-Mart to fill 103,0090 square feet of space vacated three years earlie r by . Mall tenants hoped Wal-Mart woulx move in and breathe life into the shopping centef at Pawneeand Broadway. Not only did Wal-Mart open its firsr Wichita store in the mallin 1987, the retaile also bought the mall in 2002 then knocked it down to buil d a Wal-Mart Supercenter.
The Kansas Attornegy General's office and some state bankers questioned if the was followinv a new state law for handling bids onfailedd banks. They were concerned that the FDIC seemer to favor branch banks over newlhychartered banks. Kansas Banking Commissioner Eugene Barrett got anattorney general's opinion statinb that branch banking should be allowed "only when all else Of 11 bank closings after the law took effect, six reopened as branches, two were newly chartered banks and thres more had not reopened. , the owner of the Wichita Business Journal, announced it was merging with Scripps HowardBusinesds Journals.
Scripps Howard, which was based in Houston and operated 10businessx journals, received approximately $24 million in the stocm transaction. At the time, ACBJ operated business journals in25 cities. Today the company has newspapersx in42 cities. Nov. 8, 1991 The majority of the 375 employeex at KansasGas & Electric's corporate offices were told theirf jobs might be moving to Topeka once stats regulators ruled on a proposed merger with . Mergert teams were looking for the most efficient site for combining servicews suchas accounting, finance, legal and data processing.
The merger created in which became in 1999 after merging with Kansasx CityPower & Aviation industry observers were still trying to decidew if 's development of the Starship turboprop aircraft was a success. Only 18 Starships had been delivered even thoughbusinese aviation's first all-composite construction aircrafy had been certified in 1989. Analysts applaudexd Beech's decision to invest in leading-edgew technology despite economic conditions that hurt overalkaircraft sales. A totao of 53 Starships were built. In 2003, Raytheobn Aircraft Co. decided to stop supportinvg the Starship and offered to buy back all of the aircrafy fromtheir owners. Nov. 8, 1996 The Inc.
settleds a patent-rights lawsuit with over the sale of flexibldelighting products. The lawsuit claimed Coleman infringed on the patentasBlack & Decker had for its "Snakelight." Colemahn had suspended sales of two simila r products pending the outcome. A Pennsylvania-based for-profit hospitap chain took a close look at openiny a facility in officials believed a new hospitaol would lower health care costs in the officials agreed a third hospital woulrd bring down costs in theshort term, but they doubted that addinf hospital beds would be in the community's best interesr in the long The demolition team set Dec. 22 as the date for the implosiojn ofthe .
Businesses arounc the site were given a chancre to learn more about how plannedx to use explosives to dropthe 17-story building. Nov. 9, 2001 City of Wichitwa officials believed a discount airline could be serving Wichitqa by the spring of 2002 afte r outliningthe " " Area businesses were asked to pledgee three months or more of their annual air trave budget to one or more discount Steve Flescher, air service development director for the city, said he wouldn'yt be surprised if one of three carriers -- , or Americanb TransAir -- would be ready to do businessa within six months. announced it would turn over its day-to-dah mortgage lending operations toon Jan. 2, 2002.
Emprise's stafff of 10 mortgage workers becamw MortgageCenter employees. At the time, Emprise handled $70 million in mortgage business. And Wichita was waiting for the light to come on as Krisp Kreme started hiring the 130 employees it woulx need to open its first storer inthe area. The store at 7777 E. Central was scheduleds to open Dec. 4. The companhy opened its secondWichita location, 8512 W. in 2003. Largest Wichitwa Office Equipment andFurniture Companies, 1986. (ranked by full-tims employees) 1. 2. 3. Scott Rice; 40; Ben Grisamore 4. Hesston Business Interiors; 31; Rick Watsonj 5. Inc.; 28; Lloyd McGinlet 6. The 7. Southwestern Office Supply; 15; Robert Blick II 8.
Contemporaryh Comfort; 12; Brenda Sickmon 9. 10. 11. 12. 13. 14. 15. 16. Thompson-Crawle y Furniture; 8; Steve Roe 17. Janzen Business Machines; 4; Larryt Hart 18. 19. 20. 2; Robin VanHuss
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