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Teamsters deal hits Stamford co. for $48m

2015-09-26 06:43:43| Energy - Topix.net

Star Gas Partners is recording liabilities of $1.6 million annually for 30 years to overcome an expected shortfall in its pension fund assets, offset partially by tax benefits. The Stamford-based owner of Petro is being hit with a liability amounting to $1.6 million annually for 30 years, as it faces a gap between pension assets and obligations benefiting about 200 of its unionized employees.

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Teamsters deal hits Stamford co. for $48m

2015-09-26 04:13:35| Oil & Gas - Topix.net

Star Gas Partners is recording liabilities of $1.6 million annually for 30 years to overcome an expected shortfall in its pension fund assets, offset partially by tax benefits. The Stamford-based owner of Petro is being hit with a liability amounting to $1.6 million annually for 30 years, as it faces a gap between pension assets and obligations benefiting about 200 of its unionized employees.

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Property Rounds: Stamford Town Center among best candidates for exterior makeover

2015-09-24 00:37:17| Real Estate - Topix.net

The exterior of Macy's as part of Stamford Town Center can be seen in downtown Stamford, Conn., on Monday, Sept. 21, 2015.

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New owner for Stamford manufacturer

2015-09-22 03:15:13| Industrial Machines - Topix.net

Seatek Co. has been sold to Carrollton, Ga.-based Southwire Co., which did not state what it paid for the Stamford-based tool maker.

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Stamford retailer to add stores

2015-09-02 01:18:39| Furniture - Topix.net

The parent company of Stamford-based Design Within Reach plans to open or expand six furniture studios in the coming year, months after opening up a new location in Brooklyn's emerging Industry City district. Design Within Reach sells upscale, modern furniture and accessories, with revenue totaling $218 million in 2013.

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