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Business Briefs

Posted: Thursday, September 06, 2001

Tesoro to expand refining, retail holdings

Tesoro Petroleum Corp. has announced plans to buy refineries in Mandan, N.D., and Salt Lake City from BP. The acquisitions are to include related storage, pipeline, distribution and marketing operations. They have cleared federal antitrust review.

Tesoro expects to close the transaction by the end of this week, boosting its total refining capacity to 390,000 barrels per day. That will make Tesoro, which also operates refineries in Nikiski, Hawaii and Washington, the second-largest refiner in the western United States, the company said. After closing, Tesoro's marketing system will include 600 branded gas stations, of which roughly 160 will be company-owned.

Tesoro also has announced plans to buy 46 gas stations, including 37 with convenience stores, in Washington, Oregon and Idaho from Gull Industries Inc. The transaction is expected to close in the fourth quarter.

"In accordance with our goal to become the premier refining and marketing company in the western United States, we have established a retail marketing infrastructure that enables us to supply and operate acquired sites such as these in a cost-effective manner and to meet our customers' needs of convenience, value and customer service," said Richard Parry, senior vice president, retail. "In addition, this transaction will allow us to sell more of our own gasoline and diesel production at retail, thus moving product that was being sold at wholesale into a higher-value market channel. We plan to convert these locations to the Tesoro brand."

Tesoro did not disclose terms of the transactions.

Red Robin wants to know

"What's between your buns?" is the theme of the Gourmet Burger Tour Recipe Contest sponsored by Red Robin Gourmet Burgers.

Recipes may be entered at Red Robin stores or by mail to Red Robin Gourmet Burgers, 5575 DTC Parkway, Suite 110, Greenwood Village, Colo. 80111, attn. Stephanie Lombardi.

"Ever imagined or dreamed about a pepperoni pizza burger, a salmon burger or a tofu burger? If so, Red Robin wants to hear from you," the company said. "Red Robin ... wants to expand America's definition of a burger. Not simply just a hamburger patty between two buns, Red Robin defines a burger -- that is, a gourmet burger -- as anything that goes in, on or between two buns."

Red Robin will select the top 12 recipes and invite semifinalists to compete in regional contests in Denver, Seattle, Garden Grove, Calif., and Exton, Penn., the week of Nov. 12. The grand prize winner will receive $1,500 in cash, and the winning burger will be featured during the 2002 Gourmet Burger Tour.

New store opens at Peninsula Center Mall

Jennifer Gulman has opened The Incense Burner, a new store at the Peninsula Center Mall in Soldotna. Customers will find incense, candles, black lighting, strobe lights and fragrance oils. Her hours are 10 a.m. to 8 p.m. weekdays, 10 a.m. to 7 p.m. Saturdays and noon to 6 p.m. Sundays. Her phone is 260-4058.

Seasonal jobs boost July employment

July unemployment in the Kenai Peninsula Borough was 6.7 percent, down from 7.1 percent in June and equal to the 6.7 percent rate in July last year, according to the Alaska Department of Labor and Workforce Development. There were 22,599 wage-and-salary jobs in July, up from 21,505 in June and from 22,589 in July last year.

Statewide unemployment was 5 percent in July, down from 5.6 percent in June and from 5.3 percent in July last year. Seasonal construction, tourism and fishing jobs were the main sources for July job growth, the state said.

Business planning seminar offered

Mark Gregory, of the Small Business Development Center, presents a seminar titled "Unlocking the Door to Entrepreneurship -- A Planning Model" today from 1 p.m. to 4 p.m. at the SBDC office in the Red Diamond Center. Cost is $15. A good business plan conveys prospects and growth potential to attract financing and resources, the SBDC said.

Chamber announces Seafair winners

The U.S. Coast Guard cutter Sedge team was the winner of the survival safety skills contest at the Seafair Safety Rodeo on Labor Day in Homer. Torre Vickers, Brett Banks, Chris Swenson and David Moore completed the event in 7 minutes, 43 seconds. The second-place team from the F/V Predator finished in 8 minutes, 25 seconds.

Coast Guard competitors also placed in the individual safety survival skills competition. Winners were Brett Banks, first; Torre Vickers, second; and Chris Swenson, third.

Barb Davis won the oyster slurping contest, and Travis Smith won the fish filleting contest.

More than $3,000 in cash and merchandise went to winning teams and individuals. The Homer Chamber of Commerce sponsored Seafair.

Associated Builders & Contractors offers training

Associated Builders & Contractors Inc. offers information on apprenticeships, craft training, business development and coming events during meetings Sept. 14 beginning at 11:30 a.m. in Soldotna and Sept. 15 beginning at 8 a.m. in Homer. The meetings also will include training on Davis-Bacon retirement plans. Cost is $20 for ABC members and $25 for nonmembers. Participants must RSVP by Wednesday by calling Erica at 565-5600.

--Clarion staff reports

Loggers plan conventions

The Alaska Forest Association holds its annual convention Oct. 24-25 in Ketchikan. For information, call 225-6114.

The Pacific Logging Congress 4th in the Woods Show is Sept. 19-22 in Portland, Ore. For information, call (425) 413-2808.



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