If aluminum company Alcoa Inc.’s bid to buy rival Alcan Inc. is successful, Ball Corp. chief financial officer Raymond Sea brook said, Ball would be interested in some assets.
“There are some things that would potentially logically fit with us,” such as Alcoa’s packaging-closure business, he said during a Bank of America BASics/Industrials Conference in New York City on Wednesday.
Seabrook also emphasized that he expects Ball’s aerospace business to continue to grow.
“A lot of the new infrastructure that the new world needs is in space, whether it’s communications, whether it’s defense-related … there’s going to be a lot of aerospace spending for the foreseeable future,” he said.
Additional business news briefs:
DENVER
4.4 million passengers in March a DIA record
Denver International Airport set another record for passenger traffic in March, with nearly 4.4 million travelers using the airport in the month, DIA said Tuesday. It was a 4.3 percent increase over traffic in March 2006, which held the previous record.
For the first three months of the year, passenger traffic was up 4.7 percent at nearly 11.6 million passengers at DIA, a record quarter.
DIA manager Turner West said in a written statement, “Based on these early numbers, it looks like we’re headed for an extremely busy summer.”
OMAHA
Golden bank sold to Mutual of Omaha
Mutual of Omaha’s banking subsidiary has made a deal to buy Peak National Bank, its first acquisition since it established Omaha Financial Holdings earlier this year.
Peak National, based in Golden, has seven branches in suburban Denver. The nationally chartered bank was established in 1986 and reports $215 million in assets. Terms were not disclosed.
DOUGLAS COUNTY
Time Warner Telecom chief made $3.9 million
Larissa Herda, 48, the chairman, president and chief executive of Time Warner Telecom, earned $3.9 million in total compensation last year, according to a regulatory filing Wednesday.
Herda’s pay package included $650,000 in salary, $1.18 million in option awards and $1.3 million through the company’s nonequity incentive plan. The Douglas County-based company provides managed voice and data networking solutions.
BASALT
Whole Foods heads to Colorado mountains
Whole Foods Market announced Wednesday it will open its first Colorado mountain location in Basalt.
The 44,000-square-foot store will be in the Willits Town Center, a new development.
The Basalt store will be the ninth Whole Foods store in Colorado. It is expected to open by 2010 and will create roughly 150 local jobs.
GOLDEN
Casino job fair at fairgrounds Tuesday
The Jefferson County Workforce Center will host its second annual Casino Job Fair for Black Hawk and Central City casinos Tuesday from noon to 4 p.m. at the Jefferson County Fairgrounds, 15200 W. 6th Ave. in Golden.
Representatives from nine casinos will be present. Open positions include office/administration, housekeeping, security and cage workers, according to organizers. Admission is free.
DENVER
UAL weighs refinance of its Denver bonds
United Airlines parent UAL Corp. is in discussions with the city of Denver to consider the possibility of refinancing its Denver bonds, the company said in a Securities and Exchange Commission filing Wednesday.
Any decision to refinance will depend on public approvals and favorable market conditions, United said. According to Denver International Airport, refinancing by United would not affect the airport’s finances.
LOS ANGELES
HBO chief forced to resign after arrest
Chris Albrecht, one of the most powerful executives in Hollywood, was forced to resign as head of Home Box Office on Wednesday in the wake of his arrest Sunday for battery of his girlfriend and subsequent revelations that he had physically attacked a female subordinate.
Albrecht, 54, had temporarily stepped aside Tuesday, telling co-workers in a statement that he had lapsed into drinking after years of sobriety but expressing hope that he would return to HBO, a unit of Time Warner Inc.
ARMONK, N.Y.
IBM data centers plan green refit
In a sign that environmental sensibilities are changing business strategies, IBM Corp. is spending $1 billion to spread technologies and services that could make corporate computing centers more energy-efficient.
Under an initiative that IBM executives were to announce at an event today in New York, the company will re-outfit the data centers it operates and help its customers redo their own with multiple power-saving approaches.
CUPERTINO, Calif.
Apple recycling plan mollifies shareholders
Apple Inc.’s plan to expand recycling led a shareholder group to withdraw a proposal asking the computer maker to provide more information on its environmental programs.
A May 2 letter posted by chief executive Steve Jobs on the company’s website detailing plans to create a “greener Apple” persuaded San Francisco-based As You Sow to pull a proposal from the proxy.
