Airport lot to be expandedPark 'N Go plans to add 500...

BUSINESS DIGEST

September 16, 1995

Airport lot to be expanded

Park 'N Go plans to add 500 spaces to its Baltimore-Washington International Airport parking lot on Camp Meade Road near Aviation Boulevard in time for the busy holiday travel season.

The firm -- the only private vendor offering parking with shuttle service to the terminal -- also plans to add four more shuttle buses to serve its facilities.

Over the past year, demand for parking has soared at BWI because of the significant rise in the number of passengers using the airport. This year, BWI officials project that 13.6 million travelers will use the facility.

The Maryland Aviation Administration maintains nearly 14,000 short- and long-term parking spaces at the airport and has been adding more long-term parking spaces, but parking spots closer to the terminal fill up quickly. The MAA plans to begin construction soon on an expansion of the multilevel parking garage at the terminal.

Lockheed Martin plans appeal

Lockheed Martin Corp. said yesterday it will appeal a Los Angeles Superior Court's decision Thursday to deny the

company's request for a new trial involving a dispute over a $150 million insurance claim.

The dispute arose in 1986, before Martin Marietta Corp.'s merger with Lockheed Corp., when Aetna Casualty & Surety Inc. and other insurers denied Lockheed's request for reimbursement for pollution clean-ups at plants in Colorado, Florida, Oregon, Washington and California.

In previous trials, the courts concluded that Martin Marietta had concealed material information from its insurers and that the pollution was not the result of any sudden or accidental events. The policies excluded gradual pollution that occurred over a long period of time.

Hotel workers picket Omni

More than 250 room cleaners, waiters and bellhops have started walking an informational picket line at the Omni Inner Harbor hotel in Baltimore in an effort to win a new contract.

Paul Richards, executive secretary-treasurer of the Hotel and Restaurant Employees Union Local 7, said yesterday that the union's contract with the hotel expired Sept. 8. After the two sides deadlocked over wage and benefit demands, the union began picketing Thursday.

The workers earn an average of $6.63 an hour, he said.

Tetra Tech completes deal

Tetra Tech Inc. completed its purchase of PRC Environmental Management Inc., a unit of Black & Decker Corp.'s PRC Inc. subsidiary.

Terms of the transaction, first announced in July, weren't disclosed.

Pasadena, Calif.-based Tetra Tech is banking on the acquisition to boost its environmental engineering and consulting business in the Southeast and Midwest.

The purchase more than doubles Tetra Tech's $68 million annual revenue.

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