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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Feb 05, 1985
Page
8
Paula Daniel outlines the local business scene highlighting industry trends, notable firms, and community impact. The piece surveys startups, established companies, and economic indicators shaping employment and growth in the area.
U S Retirement Corp names Paul Herrington as vice president and general manager for the Kalmia Landing project in Aiken 55 plus community valued at 35 million dollars. George A Durban named vice president and trust officer at South Carolina National Bank in Aiken.
The January survey by the National Association of Purchasing Management shows new orders rising after a negative late 1984 trend, with production rebounding and employment improving. Prices broadly fell for the second straight month, and 39 percent of buyers expect lower first quarter price increases.
A nationwide wave of multimillion dollar sweepstakes fuels ad campaigns promising instant riches. Magazine subscription houses use direct mail to push entries while banks and publishers profit from commissions, with top prizes up to 10 million dollars.
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