Alexander & Alexander gets higher line of creditAlexander...


April 02, 1995

Alexander & Alexander gets higher line of credit

Alexander & Alexander Services Inc. has reached an agreement for a $200 million, three-year revolving line of credit for general corporate purposes.

The New York-based insurance company, which has its administrative headquarters in Owings Mills, said the credit line, which was arranged by an international lending syndicate of 11 banks led by Chemical Bank and J. P. Morgan & Co., replaces a $150 million revolving credit line that had no outstanding debt.

Shenandoah to build PCS network for APC

American Personal Communications, the Bethesda-based company that is building an advanced wireless "personal communications services" network in the mid-Atlantic region, said last week that it has recruited Shenandoah Telecommunications Co. to build and manage the network in rural areas of Western Maryland, Virginia's Shenandoah Valley and West Virginia.

APC, which received one of the first licenses to offer PCS telephone services, said the alliance with Edinburg, Va.-based Shentel would let it extend its network to rural parts of its service area more quickly than the cellular industry did during its buildout.

APC, which is affiliated with a national wireless network being assembled by Sprint Corp. and three large cable TV companies, expects to roll out its service this fall under the Sprint brand name.

Gottlieb, Berman elected to real estate posts

Bonnie S. Gottlieb, general counsel to Manekin Corp. of Columbia, and Cynthia A. Berman, principal in the law firm Tablor, Betten and Berman of Baltimore, have been elected to the 1995 board of the National Network of Commercial Real Estate Women.

As president-elect, Ms. Gottlieb is responsible for finding national sponsors for the organization's 1995 annual convention in Seattle. She will become president Jan. 1.

As director of convention planning, Ms. Berman is responsible for the 1995, 1996 and 1997 conventions.

The National Network of Commercial Real Estate Women, founded in 1989, has 27 member organizations with more than 2,400 individual members.

The organization was formed to foster communication among real estate professionals on local, regional and national levels.

Caras & Associates signs 8 new contracts

Caras & Associates Inc., a Columbia-based management consulting firm, has announced eight new contracts: BGE in Baltimore; General Electric Lighting in Goldsboro, N.C.; Allied Signal in Pittsburg, Kan.; Gallatin Steel in Carrollton, Ky.; the Taylor Co. in Rockton, Ill.; Santee Electric Cooperative Inc. in Kingstree, S.C.; International Paper in Memphis; and the Pillsbury Co. in Joplin, Mo.

Caras & Associates specializes in "participative management systems" -- management strategies to include employees in the decision-making process.

Chesapeake Health, Southern States ally

Chesapeake Health Plan, the Baltimore-based managed care organization, has acquired a new client: Southern States, a Baltimore-based, wholesale supply company for crops, farm and home supplies.

Classic to provide PR for Southern Md. Oil

Classic Communications, a Baltimore-based marketing communications firm, will provide advertising, marketing and public relations services for Southern Maryland Oil.

Classic will create a broadcast and print media campaign for Southern Maryland Oil, a family-owned company with offices in Annapolis, Clinton, LaPlata, Mechanicsville and Owings.

Founded in 1986, Classic Communications specializes in business-to-business advertising, marketing and public relations for manufacturing and health care clients.

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