Martin Color-Fi reports Q2 results and credit rise
EDGEFIELD area filing notes a March 4 credit line increase to 32.5 million from 30 million. Martin Color-Fi, a maker of polyester fibers and pellets from recycled plastic, cites 10 percent raw material price rise and 19 percent drop in fibers division shipping volume versus last year due to price competition abroad. Carpet division sales fall amid weakness in manufactured housing. First quarter loss was 703 thousand, 10 cents a share, versus 1.2 million profit, 18 cents a share in Q1 1997. Second-quarter results to be released Monday. shares close at 1.00 on Nasdaq, down 1.81.
MENTIONED IN THIS ARTICLE
Martin
Martin Color-Fi
Woman Injured In Morning Wreck On Silver Bluff Road
An 18 year old Aiken resident was involved in a one car accident on Silver Bluff Road near Town Creek Road about 6 a m. The mid size car struck a telephone pole head on and the driver was not wearing a seatbelt. She was taken to Aiken Regional Medical Centers. ADPS reconstruction team investigates cause.
MENTIONED IN THIS ARTICLE
Silver Bluff
Aiken
Silver Bluff Road
Pete Frommer
Aiken Department of Public Safety
Town Creek Road
Frommer
ADPS
Catawba Seek Compromise Over Flashing Sign Ban
Catawba Nation lawyer urges compromise as Rock Hill advances a zoning change banning signs that flash more than four times daily except for time and temperature. The ordinance needs two more council votes but enforcement may start now with penalties up to 100 dollars or 30 days in jail.
MENTIONED IN THIS ARTICLE
Rock Hill
Sell Allen
Allen
South Carolina
Community backs Savannah River Site in plutonium plan
Local leaders tout SRS as vital to the economy with an annual impact over 2 billion dollars and caution that moving plutonium work to Pantex would cost taxpayers hundreds of millions. Eckstrom says SRS has the infrastructure and cleanup experience. officials praise SRS support from Westinghouse, mayors, and lawmakers including Thurmond.
MENTIONED IN THIS ARTICLE
SRS
South Carolina
Eckstrom
Pantex
Greg Ryberg
R- Aiken
Westinghouse Savannah River Company
Aiken
Fred Cavanaugh
Strom Thurmond
R-Sc
United States
Savannah River
Department of Energy
Thurmond
Heat aid programs aid summer and winter needs in Aiken South Carolina
The federal government set disaster relief guidelines and provided 300000 dollars. George Anderson, director of the Aiken Barnwell Community Action Agency, said the average person qualified for 200 to 400 dollars. Ms Peterson noted funds helped with electricity and room air conditioners. The agency outlined upcoming energy programs with October guidelines and emphasized ongoing needs for seasonal energy assistance.
MENTIONED IN THIS ARTICLE
George Anderson
Aiken/Barnwell Community Action Agency
Peterson
Four Teens Charged in Ennis Pawn Shop Killing
Ennis man killed during Thursday robbery at Southside Pawn and Gold. Four teenagers were later charged with armed robbery and murder. Ennis had bought a gun saying it was only a matter of time before robbery. Tips to Aiken County Sheriff's Office or Crimestoppers offer anonymity and possible cash reward.
MENTIONED IN THIS ARTICLE
Ennis
Southside
Aiken County
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Edgefield Frem
Associated Press
SRS Trom In
Densays
Cracone
iMac
Apple
Powerpc
Sud Prio
Re Crue
Augusta
Robert
R, Jr
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