Alltrista consolidates Triangle Plastics operations in Iowa facilities
Alltrista Corp vacated the Triangle Plastics plant in Independence and merged staff into its Oelwein and Winthrop sites. Chairman Thomas B. Clark said the consolidation should sharpen operations and cut costs. Triangle Plastics was bought in March 1999 for 148 million, with five production sites and about 1,100 employees at that time. Zale Corp reports a 74 percent Q4 earnings drop but beats revised expectations with 2.95 million profit and 9 cents per share on 417 million in sales, while same store sales fall 9.7 percent from a year earlier.
MENTIONED IN THIS ARTICLE
Alltrista Corp
Triangle Plastics
Independence
Oelwein
Winthrop
Thomas B. Clark
Indianapolis
Alltrista
Zale Corp
North America
Wall Street
Zale
Thomson Financial
First Call
Goodyear Partners With Amerityre On Polyurethane Tires
Goodyear Tire and Rubber Co and Amerityre form a development pact to create polyurethane tires for cars and trucks. The aim is to reduce tread separation and blowouts. urethane tires are touted as cheaper, easier to manufacture, longer lasting and recyclable. Akron based Goodyear acts as the first top tire maker to pursue market introduction within three to four years.
MENTIONED IN THIS ARTICLE
Goodyear Tire and Rubber Co
Richard Steinke
Amerityre
Goodyear
Akron
Camping lantern recall for Ozark Trail and Wenzel models
A St Louis company recalls about 290000 propane lanterns after reports gas escapers ignite causing fires. Two injuries noted. Models Ozark Trail 824927 824928 and Wenzel 824208 824226 824227 824401. Stop use and return to store for refund.
MENTIONED IN THIS ARTICLE
St. Louis
Wenzel Co
Consumer Product Safety Commission
Perio Buys Barbasol Shaving Cream Brand
Perio Inc. purchases Barbasol from Pfizer Inc. for an undisclosed amount. The deal covers trademarks inventory and patents and aligns with Pfizer's shift from consumer division growth. Barbasol had 2000 worldwide sales of 18 million dollars.
MENTIONED IN THIS ARTICLE
Perio Inc
Perio
Pfizer Inc
Tom Murray
Dublin
Ohio
Pfizer
Bob Fauteux
Mortgage rates mixed this week with small moves
Mortgage rates across the nation were mixed as the 30-year fixed rose to 6.92 percent from 6.91 percent, the 15-year remained at 6.47 percent, and the 1-year adjustable declined to 5.67 percent. Points averaged about 1 percent of the loan amount for all three types.
MENTIONED IN THIS ARTICLE
Freddie Mac
Dow Falls Below 10000 On Weak July Consumer Spending
The Dow Jones closed under 10000 for the first time in over four months after a weak 0.1 percent rise in July consumer spending and Sun Microsystems revenue warning. The Nasdaq and S&P also fell as tech shares led the decline with anxiety over a slow recovery. Volume reached 1.37 billion shares as traders remained on the sidelines. Heartland Express rose and Wal Mart dropped in intraday trading.
MENTIONED IN THIS ARTICLE
New York
Sun Microsystems
Commerce Department
Dow
S&p
Bryan Piskorowski
Prudential Securities
New York Stock Exchange
Iowa
Heartland Express
Wal-Mart
New Euro Notes Unveiled In Frankfurt For Continent Wide Launch
In Frankfurt Europeans previewed seven security enhanced euro banknotes in denominations of 5 10 20 50 100 200 and 500 euros. Bank President Duisenberg touted the move as uniting Europe with a tangible currency to replace old national notes soon to circulate widely.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
European Central Bank
Wim du
Isenberg
Duisenberg
IBP recalls 500000 pounds ground beef over E coli links
IBP Inc recalls 500000 pounds of ground beef from 35 states and the District of Columbia due to potential E coli 0157:H7 contamination. No illnesses reported. Beef produced Aug 7 in a Dakota City plant and distributed in 5 and 10 pound packages. Consumers told to contact the store if purchased.
MENTIONED IN THIS ARTICLE
Lincoln, Neb
IBP Inc
States
District of Columbia
IBP
American Foods Group
Wisconsin
Agriculture Department
Food Safety and Inspection Service
Dakota City
Alabama
Arizona
Arkansas
California
Connecticut
Florida
Georgia
Illinois
Indiana
Iowa
Kentucky
Louisiana
Massachusetts
Maine
Maryland
Michigan
Minnesota
Mississippi
Missouri
North Carolina
North Dakota
Nebraska
New
July sees little rise in consumer spending
Washington AP reports consumer spending barely rose 0.1 percent in July after a 0.5 percent rise in June. Incomes jumped 0.5 percent, with disposable income up 1.7 percent due to tax rebates and the Bush tax cut. Excluding one time factors, disposable income would have risen 0.3 percent.
MENTIONED IN THIS ARTICLE
Washington
Partment
Bush
Tama Beef plant draws interest amid stalled asset case
Tama Mayor says interest from meat packers is high but action blocked as GE Capital continues a $7.4 million asset freeze dispute with Tama Beef Packing Inc. and owner Rick Stewart. A Chicago court postponed the hearing to Oct 2 as the city awaits outcome while remaining lease current and 200 workers idle.
MENTIONED IN THIS ARTICLE
Dave DeWitte
TAMA
GE Capital
Tama Beef Packing Inc
Valley Pride Pack Inc
Rick Stewart
U.S. District
Chicago
Stewart
IBP Inc
Richard Gibson
Gibson
West Union plant adds 30 thousand square feet expansion
Captive-Aire Systems of Youngsville North Carolina begins a 30 000 square foot addition to the 50 000 square foot Rupp Air Management Systems plant at 101 Vine Street to increase ventilation product capacity Completion is planned for October 31 The West Union site employs 52 workers with potential hires after completion Captive-Aire operates plants in Muskogee Oklahoma and Bensalem Pennsylvania and was founded in 1976 by Bob Luddy.
MENTIONED IN THIS ARTICLE
Captive-Aire Systems
Rupp Air Management Systems
Rupp Industries
Minneapolis
Minn
Captive Aire
West Union
Bob Luddy
Captive-Air Systems
Muskogee
Okla
Bensalem
Captive-Aire
Luddy
Also Mentioned on This Page
Triangle
CAT
Netherlands
Australia
Lin
Kat
Paul Trap
Euro Notes
Tyson-owned
Jersey
Nevada
Oklahoma
Pennsylvania
Rhode Island
South Carolina
Tennessee
Texas
Virginia
Washington D.C
West Virginia
Commerce de
Tama Beef
David DeWitte
Davidd
George C. Ford
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