Fletcher's Rapids Chevrolet-Geo-Isuzu to relocate in Cedar Rapids
Fletcher's Rapids Chevrolet Geo Isuzu of Cedar Rapids plans to move from its longtime address at 601 First Ave SE after 54 years. General manager Andrew Fletcher says expansion requires more space and a new site will be announced once details are finalized with construction expected to finish by early 1991.
MENTIONED IN THIS ARTICLE
Fletcher
Rapids
Chevrolet-Geo-Isuzu
Cedar Rapids
First Ave
Andrew Fletcher
Penny Saver Tops Iowa Newspaper Awards
The Cedar Rapids Penny Saver won 15 awards and the Iowa City Advertiser captured seven in the annual judging by Shoppers Guides of Iowa. Penny Saver earned firsts for best self promotion best classified promotion best advertising series and most improved publication. The Advertiser took firsts for best advertising promotion best automotive advertisement and best self promotion.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Penny Saver
Iowa City
Shoppers Guides of Iowa
Jefferson to host two million tofu plant project
A 2 million Japanese soybean processing plant will be built in Jefferson to process 1.5 million bushels of soybeans into tofu. Nichii Corp plans and Gov Branstad announced the project at a Monday news conference. The plant will employ seven to 12 workers and boost local industry. IBP Inc reports first quarter revenue up 0.8 percent to 2.4 billion and net earnings up to 4.4 million. GM plans closing the Pontiac truck plant in 1993 moving production to Linden New Jersey potentially affecting 2300 jobs.
MENTIONED IN THIS ARTICLE
Jefferson
Terry Branstad
Nichii Corp
Iowa
General Motors Corp
Pontiac, Mich
Linden
N.J
New oat bran ice cream aims to cut fat and cholesterol
Government researchers unveil Oatrim, a fat substitute from oat bran designed to replace cream in desserts and other foods. George E. Inglett of USDA Peoria says it could hit the market in 2–3 years and may lower blood cholesterol. Taste tests rate it between ice milk and ice cream with far fewer calories and virtually no fat.
MENTIONED IN THIS ARTICLE
Boston
George E. Inglett
Inglett
U.S. Department of Agriculture
Peoria
U.S. Food and Drug Administration
Kraft
Procter & Gamble
FDA
INB Completes Monticello State Bank Acquisition
Iowa National Bankshares Corp. announces the Monticello State Bank purchase for 7.9 million in cash and 581,580 INB shares. The deal leaves Monticello assets about 185 million and capital 25 million, boosting INB total assets to 870 million and capital to 88 million. Donald Bergman named chairman and CEO, succeeding James Maurice and Louis Morf who retire. INB also owns National Bank of Waterloo, Peoples Trust in Indianola, Delwein State Bank, and Midway Bank in Cedar Falls.
MENTIONED IN THIS ARTICLE
Iowa National Bankshares Corp
Monticello State Bank
R. Scott Fenner
INB
Donald E. Bergman
James Maurice
Louis Morf
Monticello Bank
National Bank of Waterloo
Peoples Trust & Savings Bank
Indianola
Delwein State Bank
Midway Bank & Trust
Cedar Falls
Iowa Leads Nation With Cheapest Homes in 1989 Survey
Century 21 data show Iowa at 48,883 and Oklahoma at 49,653 as the lowest state averages. Hawaii tops prices at 228,983 while 40 states stay below the national 100,204 average. the report cites a sellers market in Iowa as prices rise.
MENTIONED IN THIS ARTICLE
Iowa
Oklahoma
United States
Iowa Association of Realtors
Iowa Association
Century 21
Hawaii
Massachusetts
New Hampshire
New York
Rhode Island
New Jersey
Connecticut
Vermont
North Dakota
South Dakota
Arkansas
Idaho
Montana
Kansas
West Virginia
Louisiana
Mississippi
Nebraska
Missouri
Wyoming
Banks of Iowa reports small first quarter loss
Banks of Iowa, based in Des Moines, posted a modest drop in first quarter net income to 5.17 million dollars or 1.30 per share from 5.63 million or 1.44 per share a year earlier. After adjustments, earnings were roughly flat year over year. Total loans stood at 1.52 billion, assets 2.59 billion, deposits 2.10 billion, with stockholders equity at 214.1 million.
MENTIONED IN THIS ARTICLE
Des Moines
Banks of
Iowa
Merchants National of
Cedar Rapids
Market declines extend fourth straight session on rate fears
The Dow falls 29.28 to 2666.67 as the market bears broad losses in a session driven by rising interest-rate concerns. Eastern Iowa stocks show mixed moves led by AE GON down and Nash Finch up. big blue chips slide with DuPont and General Electric among losers. Iowa Business Leadership Award honors Deere & Co. chair Robert Hanson at University of Iowa banquet.
MENTIONED IN THIS ARTICLE
Associated Press and Gazette
Iowa
AEGON
Nash Finch
DuPont
American Telephone & Telegraph
General Electric
American Express
James Robinson III
Shearson
Iowa City
Robert A. Hanson
Deere & Co
Oscar C. Schmidt
University of Iowa College of Business Administration
Iowa Memorial Union
U of I
Also Mentioned on This Page
Chevrolet
Treas
Treasury Department
Pride Exchange
Marion Chamber
Barb’s
Sixth St
IBP Inc
Tribune Media
Wesley Mfg. & Pro-Mover
Prime Mover
Sales & Service
American Chemical Society
Monticello Bank Sale
Century 21 Real Estate Corporation
BEV
U.S
Hanson
Educational Services Division
Thur
Tom Anderson
Millhiser Smith Agency
Oakland Road