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Almanac
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Business New Haven
3/6/2000
By: BNH
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Lender's Bakes Last New Haven Bagel
The Lender's Bagel factory on Grand Avenue in New Haven has baked its last bagel. The Kellogg Co., which owned the plant, closed the facility March 3 as part of a deal to sell the product line to the Illinois-based Aurora Foods, which produces Aunt Jemima frozen breakfast products and Celeste frozen pizza. The Lender family sold Lender's Bagels to Kraft Inc. in 1984; Kraft sold the company to Kellogg in 1996. New Haven officials were working to find a buyer for the 25,000-square-foot facility, and said “a deal is pending” on February 29, although a City Hall spokesperson would not identify the potential buyer.
MPI Buys Spectrum
The Wallingford-based MPI Group, a management consulting firm, has acquired the Spectrum Management Group of Guilford. MPI President Albert E. Podzunas Jr. was one of the founding partners of Spectrum, which was launched from Science Park in New Haven in 1986. “This union gives us the opportunity to merge the unique intellectual capital developed by Spectrum with the talent and practical experience of MPI,” Podzunas said. “By combining the best of our two companies, we will be able to offer our clients enhanced educational and training products as well as draw upon the client base and current consulting relationships of Spectrum.”
Fairbank, Metro Merge
Fairbank Mortgage and Metro Mortgage, both of Waterbury, have joined forces. Fairbank, a non-conforming mortgage lender, and Metro, a conforming and FHA lender, plan to offer brokers and consumers a complete line of mortgage products. Said Craig Cooper, executive vice president of Fairbank Mortgage, “By working with Metro, Fairbank can offer conforming, construction and FHA loans. By joining forces with us, Metro can directly solicit non-conforming business. Combining the two cultures opens up a large array of diverse products. What we both bring to the table are successful infrastructures that will give us the ability to become a major participant in both the conforming and non-conforming marketplaces.” Combining the sales forces of both companies doubles the size of the Fairbank retail origination staff. “Our goal is to become a major retail player throughout the Northeast,” said Cooper.
DBH Lawyer Wins Cypersquatting Suit
If your business or product has a distinctive name, but another company grabs it for use as a domain name on the Internet, you may have legal relief. “American companies with distinctive trademarks now have two powerful weapons in their arsenal - a new consumer-protection law, the Anti-Cybersquatting Act, and a federal appellate ruling confirming its reach,” says Day, Berry & Howard attorney James Sicilian, who won the first case of its kind in the U.S. Sicilian's client, Sportsman's Market, operator of the Sporty's catalogue business, had objected to another company using the domain name sportys.com. Sicilian successfully argued that Sportsman's Market had used the trade name “Sporty's” since the 1960s to sell pilot supplies, tools and general merchandise, and was thus entitled to the domain name as well. The new law, Sicilian says, “shows how the Internet is changing the rules of law and business and how Congress is attempting to keep up.”
Fix Highway, Then Build Mall, Says Group
An environmental and health group wants the state to fix a bottleneck at the junction of I-95 and I-91 in New Haven before it allows a Long Wharf mall to be built. Environment & Human Health Inc., a group that includes doctors, public health professionals and policy experts, said building a mall before making road repairs would add tremendously to existing traffic congestion. Building the mall would result in thousands of additional car trips a day through the area, said Nancy Alderman, the group's president. When trucks are idling, they emit far more diesel exhaust than when they're moving, she added. “Nobody is studying what all this diesel exhaust is going to do to New Haven. The diesel exhaust will go into a city that already has high asthma rates,” said Alderman. David Brown, M.D., a public health toxicologist and member of Environment & Human Health, said a number of reports show highway traffic air emissions and respiratory diseases are related. Cancer is another concern, he said.
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