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Business news briefs: 1/11/06
Wednesday, January 11, 2006

Make way for the Babies
A liquidation sale has begun at the Toys R Us store on Oxford Drive in Bethel Park. By Christmas, the 45,000-square-foot store will be converted to a Babies R Us. The company's new owner, Vornado Realty Trust, is closing a total of 87 Toys R Us stores and plans to convert 12 of those to the baby superstore format.

Bayer in drug agreement
Bayer AG and First Horizon Pharmaceutical Corp. of Alpharetta, Ga., amended their agreement through which Bayer manufactures First Horizon's Sular prescription high blood pressure medication. Separately, Bayer HealthCare's Consumer Care Division is teaming with Upromise to allow consumers who buy Bayer's One-A-Day brand vitamins to put 3 percent of their purchase price into Upromise college savings accounts.

Fortune again smiles on FedEx
FedEx Corp. has been named one of "The 100 Best Companies to Work For" by Fortune magazine for the ninth consecutive year. The company ranked No. 64, up from No. 96 last year.

Court backs C-Cor patent
C-Cor Inc. said yesterday that a federal appeals court upheld a lower court's ruling that SeaChange International Inc. infringed on its video server architecture patent. The company said the U.S. Court of Appeals affirmed a U.S. District Court's May 2002 verdict that SeaChange's Connection Manager software "willfully" violated a patent held by nCube Corp., which was acquired by C-Cor last January.

Also in business ...
Alcoa said its Flexible Packaging business will add 140 jobs at its Downingtown plant in Chester County because it is shifting production there from plants it is closing in Wheaton, Ill., and Cumberland, R.I. Those two plants employed 192. The Downingtown plant currently employs 200 ... Calgon Carbon Corp. plans to move some work to Kentucky from Columbus, Ohio, and will idle a California plant, a move that will cost about 30 jobs and provide annual savings of about $2 million.

First published on January 11, 2006 at 12:00 am