Owens-Corning Posts Earnings and Changes in 1981
Owens-Corning Fiberglas Corp reports 1981 net sales of 2.38 billion up 4 percent from 1980, with a 1.20 dividend per share and 23,800 average employees. Foreign currency gains added 6.3 million from affiliates, while Bayer Owens-Corning Glasswool and Asahi Fiber Glass Co. Ltd. reduced affiliate income. Capital expenditures totaled 152.4 million. Aiken hosts a new Holland Architects office run by George M. Holland at 120 1/2 Laurens St. NW, focusing on energy efficient design.
MENTIONED IN THIS ARTICLE
Owens-Corning Fiberglas Corp
Bayer Owens- Corning Glasswool
Asahi Fiber Glass Co. Ltd
Owens-Corning
Aiken
Architect
George M. Holland
Holland Architects
Laurens St
N.W
Holland
American Institute of Architects
Local Firms Earn Honors in Real Estate and Service
Lyon-Croft-Weeks Real Estate in Aiken received a 1981 certificate of excellence from the National Statistical Research Co for the second straight year based on buyer questionnaires. Wayne C. Gunter, Wagener NWS observer, earned a service pin for 25 years of precipitation data work. Maralyn Flanagan was named employee of the month at Security Federal Savings and Loan in Aiken for her decade of service and customer focus. David L. Kneece received a line supervisor promotion at SCE&G in Aiken. Winn-Dixie reported 9.2 percent sales gain for the four weeks ending March 3 and a 6.8 percent rise for 36 weeks. 1,221 stores in operation. County building inspections totaled 228 in March with 50 permits issued valued at $1,017,660.
MENTIONED IN THIS ARTICLE
Lyon-Croft-Weeks
Aiken
National Statistical Research Co
Chicago
Lyon-Croft- Weeks
Gunter
Wagener
Wayne C. Gunter
National Weather Service
Earl L. Rampey
NWS
South Carolina
National Climatic Center
Asheville
N.C
Maralyn Flanagan
Aiken Chamber of Commerce
Security Federal Savings and Loan
Flanagan
Trophies Unlimited
Security Federal
Winn-Dixie Stores Inc
Winn-Dixie
Aiken County
Columbia Bank to test Money Management Account service
Bankers Trust in Columbia will test a Money Management Account starting May 1 with public access by July 1. The MMA blends money market yields with checking and debit card access, requires a $15,000 minimum, and uses automatic investing of dailyChecking funds into money market funds. The service includes payroll deposits direct deposits and auto bill pay with no minimum balance or check size. Bank offices operate in Aiken County.
MENTIONED IN THIS ARTICLE
Columbia — Bankers Trust
W.W. Johnson
Money Management Center
New Financial Service Division
Bankers Trust
Johnson
Trust
Aiken County
Corporate retrenchment grips major firms in 1981 downturn
Companies cut orders and sell assets to cope with recession and high interest rates. American Airlines canceled a 600 million jetliner order while Chrysler sold a defense unit for 336.1 million. Pan Am sold real estate and hotels, RCA cut dividends, and unions concede wage gains for job security. National Steel freezes wages for 7000 salaried workers amid an expected first quarter loss. A Korn Ferry survey found 70 percent of boards prioritize financial results over ethics as conditions worsen.
MENTIONED IN THIS ARTICLE
American Airlines
Michigan Bell Telephone Co
Chrysler Corp
RCA Corp
RCA
Defense
No. 3
Pan American World Airways Inc
Manhattan
International Hotels Corp
Pan Am
Polaroid Corp
International Harvester Co
U.S
National Steel Corp
National
Weirton
W.va
Korn-Ferry International
Lester Korn
The Reserve Takes A Step Toward New Money Supply Reporting
The Federal Reserve Board governors led by Paul Volcker and Lyle Gramley announced a first step to change how money supply is reported. They said the weekly basic money supply report may be inaccurate or misleading about long term economic trends.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Paul Volcker
Lyle Gramley
Also Mentioned on This Page
Paula B. Daniel
Kneece
David L. Kneece
S.C. Electric and Gas Co
Sce&g
Joan
North Aiken
Aiken Standard
Sunmaker
Hollie Gartman
Ms. Gartman
Steven P. Rosenfeld
Bradberry
Joe B. Babb
Chesterfield Street
Coleman
Laurens Street
Shoes, Inc
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