Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 29, 1997, Winnipeg, Manitoba July 1997 b4 Steve email Winnipeg free press business 14 prime 2 world a and dozens of Bull since our Early beginning in tie world of to we have Wen it and when you add it All you it we Lufcy if to buteo by More than a Quarter of a to or Raap More if tool financial Brennand 9498954 Phil free press Schulz 300 government and Industry officials Are expected at City hosts Eutrace Utica conference turning food into profit province keen to develop value added says local consultant by Murray Mcneil business reporter a Quebec company has created a new Breed of Goat that can be genetically to produce designer milk milk with greater concentrations of cer Tain kinds of protein that can be used in new pharmaceutical closer to a Winnipeg company has found a Way to extract an enzyme from egg Whites that is used against cancer and an enzyme from horse radish that is used to help test blood sugar Levels in these Are just three examples of the innovative developments that have been taking place Over the last decade in Canadas burgeoning Eutrace Utica Indus try that has been described As the new generation of value added food they Are also a sampling of the kinds of topics that will be discussed during an inter National Eutrace Utica symposium being held in Winnipeg later this the two part symposium is being held in conjunction with the second annual world conference of the International society for molecular nutrition and therapy a three Day event that begins Friday at the crowne Plaza Holiday Are food or parts of such As bran or which provide health or medical benefits beyond meeting just Basic nutritional they May be developed and commercialized As food food dietary supple ments or pharmaceutical and can be used for such things As the treatment and prevention of certain the Winnipeg firm that has found a Way to extract enzymes from egg Whites and horse radish is St laboratories St is one of six Eutrace Utica Compa Nies operating in the six Gener ated million in sales last according to Steve manager of consulting services for the provincial Trade and tourism new Industry Davidge said although is a new Industry in it is one the Mani Toba government is keen on developing Here because of the huge opportunities it offers in the Way of value added food pro Davidge described St As one of the provinces oldest and most successful Eutrace Utica company Vic Epresi Dent Larry Barker said the firm posted sales of More than million last and it expects to double that number this in the company is growing so quickly that its looking at either building or rent ing a larger production facility to replace the two smaller facilities it oper ates in James and Barker company officials Are working out details and it will be months before expansion and consolidation plans Are St also is one of two Winnipeg firms co sponsoring the Eutrace Utica the other is Vita health 1985 the conference and symposium Are being organized by Boniface general Hospi Tal research Centre manager Harry Schulz said 300 scientists and uni government and Industry officials from 10 countries Are expected to Schulz said the conference originally was to focus on molecular nutrition and but since Many of the delegates Are also experts in research Centre officials saw it As an Opportunity for Man Tobas agriculture and food processing industries to hear firsthand from International experts about some of the Upland coming Eutrace Utica products and Schulz said the new Breed of sheep devel oped by the Quebec company Nexia Bio technologies can be genetically engineered to produce More of whatever kind of protein a particular customer they secrete whatever youve programmed them to he this is Star wars he said hopefully Manitoba producers and processors will come away with ideas on How they can get involved in this rapidly expanding is Hope its a huge area and theres lots of room for people to carve out their own Little judge May rewrite Media ownership Laws in deciding whether can West broke rules by Dennis Passa Canadian press Australia Justice Gra Ham Hill could sense that Izzy can West global chief executive and was itching for a so Hill adjourned the Federal court Case for a cigarette you really know youre a Media Mogul when the Federal court stops so you can have a a lawyer said of the 15minute break july 17 when who arrived from Canada a Day held Centre stage in the Syd Ney Twenty one floors Down and out on the Side Asper smoked his had his photo taken and then returned to the court room to deliver his message that his can West group did not control australian televisions ten group Asper denied representing two associated australian Don Holken pay and Selli pay at a 11 meeting with Federal treasurer Peter the Issue of control was at the heart of the eight Day which ended july Hill reserved judgment on the two Complex but connected which come at a time when the government is drawing up rules for Media ownership in Hill is expected to hand Down his decision in about a the first Issue was whether the australian broadcasting authority was Correct when it ruled in april that can West had unlawful control of the second was whether costello denied Don Holken and Selli a fair hearing before announcing May 2 that the three companies had to divest their shares in ten regardless of Price by its not known How Hill will but the judge made comments that provide insight into the Legal direction he May you would have to take the approach that Justice Hill seems to be foreshadowing that he is going to rewrite the a lawyer closely associated to the Legal dispute told australian associated press As the hearing the Aba ruled that can West had unlawful control of ten because of a series of Finan Cial transactions and arrangements involving a can West wholly owned subsidiary and the two other Don Holken and continued please see by system helps firms to hire right with All those unemployed people out youd think it would be easy to hire a person to fill a but businesses say the hard est thing they do is try to get the right person for the it seems they fail a lot of the so in that companies Are turning to outside sources to help reduce their costs due to employee under performance and unforeseen Severance Susanne Sherrett is a senior consultant with Cal Gar based behaviour description a company that teaches people How to hire the right the Best Way to find out How a person will be is to find out How Good they were in the said the trouble most Job interviews and interview spend far too much time talking about the applicants or interviewers or what the applicants jobs Sherrett said those interviews give no information As to How an applicant will do in a too often the interviewer is misled by flashy cloth a Strong smile and peo ple Sherrett said those things show the per son is confident but they May not have the requisite skills for the Sherretts company uses behave burial a Canadia developed inter View the com Pany will be in town 23 and 24 with a series of fees Are plus Call 1800666 8681 for More inform the nicknamed was originated by Tom a University professor who wanted to know Why Job interviews were so bad at predicting How peo ple perform on the Janz developed a system of asking questions that forces people to talk about what Treyve Sherrett said in most interviews you can get away with in a people with behave burial the candidate is asked to give an example of being a people rather than going by the it demands applicants say what they Sherett such inter views require trained preparation time and enough time allocated for the interview Sherrett said three to five questions can take an hour to but rather than being Sherrett said the interview technique gives people who Are less confident a Chance to she said people who come in and declare there self starters can be at a disadvantage because they have to around the workplace Paul Mckie explain what those phrases Sherrett said the inter View technique is also beneficial to visible the unemployed and parents who have been out of the workforce for a she said the questions j Force the interviewer away from innate prejudices and to focus on what the applicant has that can include Job related skills that May have been Learned in nonpaying the system also discourages employers from screening applicants using she said Many employers look at the other interests Section of resumes and look for if they see some one likes they assume the person is a team said she argued that the Youral system would ask a candidate to explain How they were a team but theres another Way to ensure companies dont hire the wrong Michael Stamler is vice president and general Man Ager of if employee a company that checks up on Job apply for Between and per if will Check out a Job applicants credit Back previous employ All the searches Are Legal and done with the permission of the apply that because companies subscribing to this service make you sign a Declara Tion authorizing the the declaration also says the applicant swears every thing on the application is so if if finds out you ribbed Bye Bye Stamler said if works mostly for larger corporations that do a lot of most of the background checks Are straightforward checking on refer prior jobs and verifying credit checks Are generally used for higher end jobs Stamler noted that people Are More up front just by signing the As for Why companies pay for Stamler said it just makes so remember All of this before you fill in another Job application and Call yourself a self starter with a pad someone May be watching and news or Sto Ries about workplace please Call Paul Mckie at Gulf Canada swallows heavy Oil producer by James Mccarten Canadian press Calgary merger mad Gulf Canada resources washed away the bitter taste of an unsuccessful takeover bid yesterday with plans to Swallow Stampede exploration in a Friendly still smarting from a failed bid for is resources last Gulf chief executive Bryan said he could hardly believe his Good Fortune when Calgary based Stampede came knocking several weeks ago with a the result is a better Deal for Gulf than it could have had with heavy Oil Pioneer is i was said a straight talking texan who has engineered six mergers in two years and forged a reputation As a corporate takeover its interesting what comes to those who wait and Are willing to suffer some i have been the Deal has breathed new life into bryans grand vision of a separate heavy Oil subsidiary for Gulf a dream he tried to realize with the heavy Oil assets of the Hardt extract Oil is fast becoming the Darling of the Canadian Oil Patch As evolving technology makes extraction and processing easier and More it has become so popular that there Are virtually no heavy Oil producers left to take Bryan we Are fast running out of opportunities to form an Alliance with some one who is a heavy Oil he three of the Industry four major producers have already been taken this is going to allow us set up a separate heavy Oil company and companies familiar with takeover bids a look of repent takeovers involving Gulf Canada and Stampede exploration Gulf bryans Texas Torch Energy bought 25 per cent controlling share of Gulf for million in late Gulf bought Archer resources for million and Mannville of and Gas for million in bought Pennzoil Canada for Mil lion in bought Clyde Petroleum ply for billion january offered million for is but was outbid by pan Ana Dian Petroleum in june Stampede bought Independent Energy for million in february bought ballistic Energy for Mil lion in May take that Talent around the world to create value for Gulf heavy Oil Doest command the Premium prices of Light Sweet but Bryan said Gulf can mix the two and still sell the resulting blend at the higher Stampede initially proposed the said chief executive Jeff Stampede went Capi hand to Gulf after an equity Issue in june failed to generate much interest and sent Stam Peders share Price Tonken Stampede needed an Alliance with someone who could put its assets to Good use rather than Cut costs and jobs to stay he we wanted to put ourselves in a position where we could allow our company to continue to and All the upside potential in our company said the Deal would see Stampede shareholders get about 70 shares of Gulf for every 100 shares of Stam Peder they that represents a Premium of about 31 per cent based fridays closing said the offer will be mailed to share holders in the next two weeks and is it is conditional upon 66 per cent of shareholders accepting the it forbids Stampede from Solic iting other offers unless a competing bid is Stampede climbed to yesterday at on the Toronto Stock Exchange with million shares changing Gulf was Down 65 cents to close at ;