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Newspaper
Bennington Banner
Location
Bennington, Vermont, United States of America
Date
Apr 04, 1970
Page
6
Washington (UPI) The middle income American may face rising home costs and high interest rates, while the rich and the poor show progress. Housing starts fell last year to 1.46 million privately owned units from 1.5 million in 1968, and December’s rate eased to 1.25 million. The 10 year goal remains 20 million unsubsidized new homes.
Central Vermont Public Service Corp releases its 1969 annual report noting net income $3.019 million up 9.6 percent, operating revenues $23.36 million up 11.2 percent, KWH electric sales 1.148 billion up 12.5 percent, and earnings per share $1.76 down 5.4 percent. Chairman Cree and CEO Meredith cite new records in sales, revenues, customers and income while describing plans tied to Vermont Yankee and environmental concerns.
General Cable Corp announces Northern Berkshire expansion creating more jobs at Williamstown Mass Pownal and North Adams plants. Walter Kisluk says May start with a new North Adams plant and expanded Pownal Williamstown space to handle rising demand. Company now employs about 900 workers and expects substantial hiring as operations grow.
The Vermont New Hampshire USEASA district and the Vermont New Hampshire Ski Council will hold their annual meeting April 10 at the Hanover Inn Tavern Room in Hanover New Hampshire. A dutch treat dinner starts at 5 30 p m. Nominations include USEASA directors Tom Rogers William Paine and Lynwood Skip Bean. Council officers nominees include Sonny Lynch Al Hobart Jean Black and floor nominations. Directors named cover northern Vermont southern Vermont northern New Hampshire and southern New Hampshire with nominating committee members listed.
The Prudential Committee will hold a meeting Monday April 6 at 8 p.m. in the firehouse to elect officers, with village residents urged to attend. The Hale Mountain Fish and Game Club also meets at 7:30 p.m. April 6 in the club house. New clubs joining the council include Belknap College Brattleboro Bromley Holder ness School Madonna Mad River Mt Mansfield Mt Sunapee Nansen Pico Putney School Ragged Mt Stratton and University of N H. The expansion of the North Adams shell building will consolidate and enlarge basic copper wire fabrication for cord sets and electric assemblies across two plants with additional equipment and building work planned. These facilities produce plastic and rubber insulated wire and cord sets for distributors, consumers, and OEMs, ranging from household cords to jet aircraft starter cables. The division remains a major supplier of electric wire assemblies amid a fast growing market.
Vermont Technical College sees a sharp drop in job offers as firms reassess hiring amid a recession. The Pioneer reports cancellations by recruiters, fewer campus visits, and a shift toward returning servicemen and higher salaries for remaining openings. More than half of cancellations come from Vermont firms.
Albany Medical College announces a three‑part addition to house a new library, classrooms, and student facilities. The project costs total about $10.6 million with $4.1 million in federal grants and $4 million state funding, aiming to boost enrollment from 310 to 400.
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