Business Briefs

"Black buys daily paper in HawaiiDavid H. Black, president of Black Press Ltd., announced this week that the company has reached an agreement in principle with Gannett Co., Inc., and Liberty Newspapers Limited Partnership to purchase the Honolulu Star Bulletin.Black Press, Ltd. owns 80 newspapers in western Canada and Washington. Among them are the Whidbey News-Times and The South Whidbey Record, which are part of Sound Publishing, the largest community newspaper group in northwest Washington.The Honolulu Star Bulletin, a 118-year-old daily with a circulation of 65,000, has functioned in recent years under a Joint Operating Agreement with the owners of the rival Honolulu Advertiser. Once the purchase by Black Press is finalized, the two papers will operate independently. A Sunday Star Bulletin edition will be added, as will an estimated 200 employees over the next four months.In another change this week, the new president of Sound Publishing, Manfred Templemayr, announced the closure of two of the company's papers, The Lakewood Journal and The University Place Journal, both located in Pierce County. They were started in 1990 and 1995, respectively, but struggled to gain readership and advertiser support. Templemayr said Sound Publishing opted for closure so that the company can concentrate its energies on other projects. The two papers employ 22 people, and will cease publication Nov. 29.Sound publishes 14 other newspapers in the Puget Sound area. It has a staff of 340 and owns two printing facilities.Kannasto-Tyler joins WMA SecuritiesSome good news for investors: Katy Kannasto-Tyler, formerly of InterWest Bank, is joining Oak Harbor's WMA Securities, Inc. According to Marketing Director Patty Cozine-Cole, Kannasto-Tyler is joining the company's crusade to create wealth for families. Kannasto-Tyler will work at the WMA Securities office at 601 SE Pioneer Way or she can be reached at 675-2007.Les Schwab collects food donationsLes Schwab Tire Centers throughout Washington, including Oak Harbor, have joined the fight against hunger during the holidays. From now until Dec. 6, Les Schwab is collecting non-perishable food donations. The company invites school groups, civic groups and businesses to hold food drives and drop the donations off at Les Schwab.On Dec. 7, Les Schwab trucks will roll into Seattle and drop off food during the 12th annual Season of Giving Food Drive culmination event, sponsored by Les Schwab and KOMO 4.The food will go to Food Lifeline, a non-profit agency serving 17 counties in Western Washington. The most needed foods this year are tuna, chili, peanut butter, pasta, cereal and rice. Also needed are unused personal hygiene products and baby food. "

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