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The Arizona Republic AZ Inc. Column.(Knight Ridder/Tribune Business News)
Knight Ridder/Tribune Business News, July, 2000
Jul. 19--RURAL/METRO GAINS CREDIT EXTENSION: Rural/Metro Corp. said its banks granted it a third extension of the waiver of its credit agreement. The Scottsdale-based ambulance and firefighting company said the new agreement runs through Oct. 14.
Rural/Metro is wrapping up a restructuring that resulted in about 1,000 layoffs, none in Arizona.
Restructuring charges pushed the company out of compliance with its credit agreement. Rural/Metro said it hopes to negotiate a permanent banking deal before the new waiver expires.
COMMERCE DEPARTMENT NAMES NEW MANAGERS: The Arizona Commerce Department has named new managers for its tourism, small business and other divisions.
Mike Leyva was promoted to director of senior industries, the...
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