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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 19, 2002
Page
14
Southwest Airlines plans to add roughly 4,000 workers in 2002 as it continues layoffs and flight reductions after September 11. The Dallas based carrier with 33,000 employees will hire 250 pilots 1200 flight attendants and 2600 other staff to sustain operations while major rivals endure multi billion losses.
The 2002 Iowa City Area Chamber of Commerce Ag Breakfast Series will feature Jerry Bolton, dean of Kirkwood's agriculture department, speaking at 7 a.m. Friday at the Johnson County 4-H Fairgrounds. Cost is $5 with pre-registration at 337-9637. Presidents Day closes markets. trading resumes today as housing starts and other reports from the Commerce Department loom this week.
The EPA and wood industry outline a 2003 end to residential use of CCA treated lumber amid cancer risk debates. Major chains face lawsuits over warnings while sellers transition to ACQ treated wood, costing 15 to 30 percent more. Local retailers plan gradual stock changes, awaiting price and supply shifts.
A Farmers National Co survey notes continued low farm prices and rising demand for high quality land and recreational property. Investors seek hard assets as stock markets wobble, with Iowa values ranging from about 2,800 to 3,250 per acre for top land and average quality around 2,200 to 2,500.
United Airlines and its 12,800 mechanics and aircraft cleaners reached a tentative contract Monday, averting a strike that could have grounded the carrier. If ratified March 5, the agreement grants a first raise since 1994, raises pay through license premiums, improves retirement benefits, and advances retroactive pay. mechanics vote separately from other unions.
Civco Medical Instruments of Kalona completes purchase of Barzell Whitmore Maroon Bells Inc. of Sarasota for 127000 shares and 2 million dollars in cash, plus up to 2.2 million contingent. Barzell Whitmore’s imaging devices support colorectal disease and prostate cancer therapy. revenues around 2 million annually. The deal strengthens Civco and Circo product lines for image guided procedures. Stephen K Onody Colorado MEDtech chairman says the acquisition adds an innovative development team and aligns with existing business for synergies.
Goss International completes purchase of assets from Goss Graphic Systems in bankruptcy sale approved Feb 7. Cedar Rapids plant closed Aug 31 due to imports competition and weak ad market. current staff numbered a handful as new owners plan future staffing and global focus. The new company, led by CSFB Global Opportunities Partners LP with JPMorgan Chase and others, will continue selling and supporting newspaper press systems worldwide.
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