Rath Packing files plan to shift from national to regional packer
Rath Packing Co of Waterloo filed a bankruptcy plan proposing a shift to a regional role and the revival of processing operations. The plan seeks an asset based loan of 3.5 million, a line of credit of 8.5 million, and sale of the Columbus Junction plant to satisfy debts, with an auction set for February 19.
MENTIONED IN THIS ARTICLE
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Rath Packing Co
Waterloo
Cedar Rapids
Lyle Taylor
Rath
Midwest
Columbus Junction
First National Bank of Waterloo
Black Hawk County Economic Development Committee
Security Pacific Business Corp
Black Hawk Committee
William Thinnes
Guild Vision cited for possible fraud action in Iowa
Iowa Attorney General Tom Miller filed in Linn District Court to demand information from Guild Vision Center and Craig Broadstone about six complaints from Williamsburg Marion and Cedar Rapids. The suit cites delays in contact lenses and failure to address wearer discomfort as alleged issues.
MENTIONED IN THIS ARTICLE
Guild Vision Center
Second St. SE
Iowa
Tom Miller
Miller
Linn District Court
Guild
Craig Broadstone
Williamsburg
Marion
Cedar Rapids
Robber targets Ample Lady store on First Ave NE
Police seek a bandit who robbed Ample Lady at knifepoint Thursday morning near noon. A man wearing a bandanna entered 1500 First Ave NE, asked for a favor, then demanded cash from the clerk. He took $61 and fled via the back door, described as about 5 ft 7 in, 130 pounds.
MENTIONED IN THIS ARTICLE
Ample Lady
First Ave. NE
Televisions Stolen From Sheraton Inn Laundry Room
Police report three TV sets valued at 1074 dollars were stolen in the past three weeks from the Sheraton Inn laundry area where they were stored. The laundry room was identified as the theft site.
MENTIONED IN THIS ARTICLE
Sheraton Inn
33Rd Ave
Union OKs one year wage pact for Linn County workers
Linn County employees vote 98 percent in favor of a one year agreement covering about 500 non supervisory staff. The package grants a 1 percent raise plus 20 cent hourly bump, averaging 3.67 percent for 1986 with longevity pay. total cost to taxpayers about $290,000. Present wages range from 4.80 to 14.14 per hour.
MENTIONED IN THIS ARTICLE
Linn County
Dennis Hoy
American Federation of State, County and Municipal Employees Union
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