Airline, pilots reach agreementPiedmont Airlines and its...

BUSINESS DIGEST

March 29, 1994

Airline, pilots reach agreement

Piedmont Airlines and its pilots reached a tentative agreement yesterday on a contract for the airline's 390 pilots, averting a threatened strike that could have disrupted commuter service between hubs and smaller airports.

The tentative agreement ended months of negotiations, but both sides declined to discuss details until the pact is presented to the pilots for a vote.

Piedmont Airlines is owned by USAir Group and is one of 10 regional airlines providing USAir Express service. It offers 28 daily commuter flights at Baltimore-Washington International Airport.

North Park up for auction

The lenders to North Park Business Community in Hunt Valley have put three office buildings up for auction April 7, marking the second time that the 290,000-square-foot complex has been advertised for auction.

Teachers Insurance and Annuity Association of New York is foreclosing on the project. The auction was delayed in February as Teachers tried to work out alternate arrangements.

The project, at York and Shawan roads, has been hurt in recent years by the loss of Black & Decker Corp. and AT&T as tenants. But North Park attracted one of Baltimore County's biggest leases last year when KCI Technologies agreed to lease 50,000-plus square feet of space.

The three buildings in the complex will be auctioned separately by Atlantic Auctions Inc.

McCrory to close local store

McCrory Corp., the York, Pa.-based retailer that has been in Chapter 11 bankruptcy reorganization for two years, will close its store at 6311 York Road May 31 because of poor sales.

McCrory, which also operates under the name G.C. Murphy and J.J. Newberry, will be left with 19 stores in the Baltimore area, spokesman Jim Miranda said. The 22 workers at the York Road store will be given preference for job openings at other McCrory stores, he said.

Blues recover $2.8 million

Blue Cross and Blue Shield of Maryland said yesterday that it had recovered $2.8 million from fraud and abuse investigations in 1993. False claims were up 15 percent from 1992, and most of the fraud involved duplicate billing and charges for services not performed. The insurer said about 90 percent involved health care providers -- doctors and medical service companies, but no hospitals. The increased recoveries were due to more reporting by claims and service representatives, the company said.

TranSilo wins design bid

The TranSilo Co. of Phoenix, Md., said yesterday that it had won a design bid from an unidentified Midwestern utility company to provide a new chemical distribution and inventory system. The potential amount of the contract is about $1.25 million, the company said.

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