Hot Headline
Edmond closes the gap on retail spending
Recently released figures from a retail sales gap study by the Edmond Economic Development Authority reveal that Edmond has closed the gap on retail spending in the local economy for the 2000-2001 fiscal year. These numbers indicate Edmond is not only capturing income from Edmond residents, but quite possibly even importing dollars from the outside area. Courtesy of Edmond Life & Leisure, September 6, 2001.
Click here for full story.
The Business Patch
Dobson considering sale of company
Dobson Communications Corp. recently announced that it is considering “strategic alternatives” – including the possible sale of the company. Dobson, which provides cellular telephone service in rural markets, said it is preparing for an expected wave of mergers within the wireless industry. Courtesy of The Daily Oklahoman, September 7, 2001.
American Bank breaks ground for new interactive retail banking center
American Bank in Edmond recently broke ground for its new interactive retail banking center. The new branch, located on the northeast corner of Danforth and Santa Fe, will be an approximately 5,000-square-foot facility with an open design unlike traditional bank architecture. The state-of-the-art bank will feature interactive computer stations for customers to access account information and other financial data. Courtesy of Edmond Life & Leisure, September 6, 2001.
Click here for full story.
Retail Details
Edmond businesses hope tax rebate checks will be spent locally
Many Edmond businesses feel very positive about the rebate campaign launched in July by Mayor Naifeh. The mayor asked all Edmond residents receiving a $300 or more in rebates from the federal government to spend the money in the city to help boost the local economy. The Edmond Economic Development Authority, which also endorsed the local campaign, estimates that 61 percent of Edmond households will receive the maximum rebate of $600, which was promised to married couples. About 13 percent of Edmond households were expected to receive an average of half the maximum rebates. If those households spend their money in Edmond, it could mean a $9 million immediate impact in sales tax revenue for the city. Courtesy of The Edmond Sun, September 4, 2001.
Click here for full story.
IT Bytes
Going wireless
Main Street Enterprises and Canadian Valley Medical Solutions have teamed up to use a wireless workflow solution to reduce the costs of dispatching orders and tracking deliveries. Edmond-based Main Street Enterprises developed the software for use on Web-enabled hand-held devices such as cell phones and personal digital assistants. The system can be customized to fit the mobile worker processes of any business, said Terrell Sanders, president of Main Street Enterprises. Courtesy of The Journal Record, September 5, 2001.
Nanosource Technologies, Inc. signs agreement
Nanosource Technologies, Inc., of Edmond has entered into an exclusive license agreement with Tekna Plasma Systems of Sherbrooke, Quebec, Canada. The agreement allows Nanosource to be involved in the fabrication and commercialization of nanoparticle titanium dioxide, used in molecular electronics, medicine and medical/diagnostics applications. Courtesy of The Edmond Sun, September 6, 2001.
On Campus
UCO freshman enrollment reaches record high
First-time freshman enrollment at the University of Central Oklahoma has increased for the seventh consecutive year this fall, with most other categories up compared to last year’s tallies, as well. In addition, 70 percent of UCO’s undergraduate population, compared to 64 percent last year, is attending full-time. Courtesy of The Edmond Sun, September 6, 2001.
Real Estate Update
BrainWorks opens doors at LeCour
The co-founders of BrainWorks Advertising say their new office is an inspiration for those suffering from "blank wall/sullen decor syndrome." Cynthia Dutton and Malena Lott founded the Edmond ad agency this February out of their homes. The company officially opened its first office last month at the LeCour Center, 1300 E. Ninth St., Suite 3. Courtesy of The Journal Record, September 7, 2001.
Click here for full story.
August 16-31 transactions
Click here to view a list of Edmond area commercial real estate transactions from the last half of August. Courtesy of Edmond Life & Leisure, September 6, 2001.
Stock Ticker
Edmond area investment opportunities
Click here for up to the minute stock information on Edmond public companies.
The E-journal has limited advertising space available. The links will be offered on a first come first serve basis. Please contact Ray Hibbard at Edmond Media Publishing, 340-3311 or e-mail ray@edmondpaper.com for more information.Please forward the E-journal to friends and co-workers. New readers, click here to subscribe.
If you prefer not to receive the E-journal twice a month, click here to unsubscribe.
Editor Contact Information:
Allison Pumphrey
Director of Public Relations & Marketing
Edmond Economic Development Authority
405.340.0116
ap@eeda.com
