HOT HEADLINE

Edmond businesses to receive 2008 Innovator of the Year award

Two Edmond businesses will receive special recognition at The Journal Record's annual celebration of business innovation set for March 13 in downtown Oklahoma City. Edmond-based WeddingDayBouquet.com and University of Central Oklahoma Motor Pool are among the 36 businesses to be honored with the 2008 Innovator of the Year award. Courtesy of The Journal Record, January 31, 2007.

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BUSINESS BEAT

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December 2007 Business Barometer

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Edmond-based Bronco Drilling to sell for $438 million

Houston-based Allis-Chalmers Energy Inc. is planning to buy Edmond-based Bronco Drilling for $437.8 million. The price is divided into $280 million in cash and $157.8 in stock. The deal is expected to close in the middle of the year and Bronco will be a wholly owned subsidiary of Allis-Chalmers, pending regulatory approval. When the transaction is complete the enterprise value of the company will be about $1.4 billion. Courtesy of The Journal Record, January 22, 2008.

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WeatherBank Inc. predicts world-wide weather

Edmond-based WeatherBank Inc. forecasts weather for the world, presents information in real-time world-wide, and delivers it via the Internet, as well as cell phones. With a staff of 30, WeatherBank uses an assortment of sources for weather information, including historical weather statistics dating back hundreds of years, to customize and present a professional opinion to clients. Clients include government agencies, corporations and consumers. Courtesy of OKCBusiness, January 7, 2008.

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BEACON Environmental Assistance Corp.

Edmond-basedBEACON Environmental Assistance Corp. assists oil and gas companies and the Oklahoma Energy Resources Board in correcting environmental issues with industry locations. The company was created by Phil Spurlin. BEACON works with its clients to provide viable solutions. Courtesy of The Oklahoman, January 25, 2008.

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CITY SPOT

Edmond Annual Summit scheduled

The Edmond Summit is set for from 8 a.m. to 12:30 p.m. Feb. 23 at the MAC Center in Mitch Park. It is sponsored by Edmond Neighborhood Alliance (ENA), Edmond Economic Development Authority and the City of Edmond. ENA President Ed Moore said topics of interest will include the Mayor’s Neighborhood Challenge, neighborhood beautification, neighborhood lights and sidewalks, legal issues, how to organize 30-minute meetings, security and safety, animal control issues such as barking dogs and vicious animals and enforcing covenants and laws. Courtesy of The Edmond Sun, February 4, 2008.

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METRO NEWS

Oklahoma City listed among 100 Best Communities for Young People

The City of Oklahoma City announced today that America’s Promise Alliance has listed Oklahoma City as one of the 100 Best Communities for Young People for the third consecutive year. More than 300 communities in 50 states applied for the competition. Courtesy of OKCBusiness, January 24, 2008.

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STATE NEWS

Oklahoma quarter launched into circulation

Oklahoma became the latest state to be recognized by the U.S. Mint with a commemorative quarter, which is now officially in circulation. The reverse side of the quarter depicts the Oklahoma’s state bird, the scissortail flycatcher in flight, and the state wildflower, the Indian blanket. Courtesy of The Journal Record, January 29, 2008.

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WHO'S WHO

Innovative Healthcare Systems, Inc. announces promotions

Edmond-based Innovative Healthcare Systems, Inc. (IHSI) announces the promotions of four employees in response to the company's continued growth. Larry Winstead is being appointed to vice president, client development; Jeff Price is being promoted from network and systems coordinator to director of information technology; Christie Ritchie, reimbursement supervisor for Innovative and its subsidiaries, is being promoted to director of reimbursement services and Natalie Martin is being promoted to client coordinator for Innovative's expanding clinical services division. Courtesy of Edmond Life & Leisure, February 7, 2008.

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UCO announces two board promotions

In a step to strengthen and further the leadership work done at the University of Central Oklahoma, UCO President Roger Webb has announced two new promotions on the university’s executive board. Webb has named Dr. Cheryl Steele as Vice President of Leadership at UCO, and Anne Holzberlein was named Vice President of Development at the university. Courtesy of Edmond Life & Leisure, January 31, 2008.
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Edmond legislator to head state budget panel

Edmond legislator, Ken Miller was named chairman of the House of Appropriations and Budget Committee. Miller has served the last year as vice chairman of the committee. Courtesy of The Oklahoman, February 5, 2008.

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RETAIL DETAIL

Conn’s Appliances enters Edmond

Texas-based Conn's Appliances Inc., an appliance and furniture store is entering the Oklahoma City market. The company has plans for five metro area stores and has leased part of the former Albertsons at 28 E. 15th St. in Edmond. It plans to renovate the existing structure and open a 25,000-square-foot store there by late summer. Courtesy of The Journal Record, January 29, 2008.

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REAL ESTATE UPDATE

Industrial building sells for $6.3

Oklahoma-based Jasco Products Co., an electronics product company has sold its former headquarters at 311 NW 122nd St. for nearly $6.3 million. Trammel Crow purchased the building from the Stephen C. Trice Family LLC as an investment property and plans to divide it down and multi-tenant the building. Courtesy of The Journal Record, January 22, 2008.

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January Commercial Building Permits
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January Commercial Real Estate Transactions

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STOCK TICKER

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