Tuesday, September 10, 2002

Morning Memo

Hot tips and news to start your business day

        Today's Number: 10 - Coffee shops to be opened by Starbucks Coffee Co. in Puerto Rico, along with 14 in Mexico, starting this month, giving it about 6,500 locations in North America, Asia and Europe.

        Today's Mover: Dr. Deborshi Roy has joined Mangat-Kuy Plastic Surgery Centers as their fellow for facial plastic surgery for 2002-2003. Dr. Roy will assist Dr. Devinder Mangat in all facets of facial plastic surgery. Dr. Roy was a resident at Temple University Hospital otolaryngology department in Philadelphia. He completed his surgical residency at Temple University Hospital.

        Today's Money Tip: Whether at the start or end of a school year, it's never too early or late to begin looking for ways to help defer the cost of a higher education. One great Web site for information is College Financial Planning (www.collegefinancialplanning.com). It provides advice on saving for your education and getting loans.

        Today's Career Talk: In How to Connect in Business in 90 Seconds or Less author Nicholas Boothman suggests that openness in spirit and body will bring plenty of dividends. “Point your heart at the person you are meeting,” Mr. Boothman suggests. And make sure nothing is covering your chest area: no clipboard, no arms and no hands. “Be the first to make eye contact.”

        Today's Company: STEDMAN MACHINE CO.

        MOLEHILLS OUT OF MOUNTAINS: Nathan Stedman opened his Foundry and Machine Co. in 1834 to produce castings for cotton gins.

        Mr. Stedman invented the cage mill, a process for reducing the size of particles. His company received a patent for the machine in 1894. The Aurora, Ind., company has since expanded its line of machines that crush, pulverize, disintegrate, mix and screen organic and inorganic matter for the fertilizer, chemical, meat-packing, stone glass, recycling and wood industries.

        CORPORATE CHANGES: The Stedman family operated the business for three generations. In 1912, three Cincinnati investors purchased the enterprise, which ultimately became a division of Eagle Crusher Co.

        LIVE ACTION LINEUP: On its 4-acre site, Stedman manufactures such equipment as the Mega Slam and the Grand Slam Waste Recycler. The company maintains a testing plant near Cincinnati/Northern Kentucky International Airport to allow potential customers to see the machinery in action.

        Send tips and questions to Bill Ferguson at bferguson@enquirer.com


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