Notebook
Aug. 29, 2003




Pitney Bowes to acquire DDD

 

In an effort to strengthen its business with government, Stamford, Conn.-based Pitney Bowes Inc., a provider of mail and document management, has agreed to acquire Landover's DDD Company for $49.5 million.

DDD, which specializes in mail and messenger services, has 1,200 full-time employees around the country, including 30 in Landover and 800 in the D.C. area. DDD will be renamed Pitney Bowes Government Solutions Inc., a standalone business under Pintney Bowes Management Services Inc.

DDD, was founded in 1980 by Donald D. Dilks, who will remain on as a consultant to Pitney Bowes. The company specializes in services for the government agencies and takes in more than $70 million in revenue per year.

Spherix sweetener in 7-Eleven slurpee

7-Eleven Inc. is introducing a new Diet Pepsi-flavored "Slurpee" drink that contains tagatose, a low-calorie sweetener created in the mid-1990s by the biotechnology company Spherix Inc. of Beltsville.

Tagatose, which Spherix licensed to Danish Company Arla Foods, is being sold commercially for the first time. Spherix, a publicly held company, has been anticipating the commercial release of the sweetener and is in arbitration proceedings with Arla Foods over the delayed production.

Spherix stock was trading at $8.25 per share at the close of business Aug. 22, up 45 percent from the same time last year.

Dermatologist hired in Greenbelt

Dr. Grace V. Lindsay joined the Dermatology & Cosmetic Surgery Associates P.A. at the Commerce Center in Greenbelt Aug. 20.

Lindsay, a dermatologist, was working at Skin Medicine and Surgery Centers in Silver Spring. Prior to that, she was in private practice in Silver Spring. Lindsay graduated from Howard University Medical School and lives in Takoma Park.

Dermatology & Cosmetic Surgery Associates is located at The Commerce Center on Greenbelt Road.

WSSC to replace Landover Hills water mains

The Washington Suburban Sanitary Commission awarded a $560,400 contract to Taylor Utilities Inc. of Capitol Heights to replace more than 3,000 feet of water mains in Landover Hills.

The work is scheduled to take place at Old Landover Road near 63rd Avenue beginning in mid-August and to be completed next summer. Temporary lines will be connected to homes and businesses so as not to disturb customers' water access.

WSSC serves 1.6 million customers in Prince George's and Montgomery counties.

Trible's comes to Upper Marlboro

Maryland-based Trible's Inc., an appliance-parts distributor, is building its new headquarters in Upper Marlboro. TUCON Construction Corp. of Dulles, Va., was awarded a $4.5 million contract by Trible's Inc. to build a 95,175 square-foot facility at Collington Center Industrial Park. Construction completion is expected by March 2004.

Trible's specializes in providing hard-to-find parts for kitchen, laundry, and heating and air conditioning equipment. The company has locations in Oxon Hill, Beltsville, Rockville, Woodlawn, Timonium, Ocean City and Woodlawn.

Business Notebook reports news of business start-ups, new developments, key personnel changes and important trends affecting county-based business. Items may be mailed to Aruna Jain, The Gazette, 8201 Corporate Dr., Suite 1200, Landover, MD 20785, faxed to 301-731-2141 or e-mailed to princegeorges@

gazette.net.