Ertl Co. chief Fred Ertl to retire after long tenure
Fred Ertl Jr. will retire as chairman and CEO of the Ertl Co. on Sept. 30 1992 after leading the firm since 1967 then as president. the firm started in a basement in 1945 and expanded through plants in Iowa Mexico and China with offices in Canada UK Italy and Hong Kong. Hawkeye Heaven to close stores Jan 31 in Cedar Rapids Iowa City and Lindale Mall. 12 jobs lost amid shifting buying habits. Interest on 52 week T bills falls to 3.84 percent. USX to close Chicago South Works costing 690 jobs and a 40 million fourth quarter charge.
MENTIONED IN THIS ARTICLE
Fred Ertl Jr
Ertl Co
Ertl
Dubuque
Dyersville
Victor Comptometer Co
Walter Kidde & Co
Iowa
Mexico
China
Canada
United Kingdom
Italy
Hong Kong
Hawkeye Heaven
University of Iowa
Lindale
Westdale Mall
Cedar Rapids
S. Dubuque St
Iowa City
Michael Berger
Berger Enterprises
Champaign, Ill
Berger
Treasury
USX
Chicago
USX Corp
Pittsburgh
South Works
Environmental stakes rise as cattlemen prepare leadership shift
Jimme Wilson, about to become president of the National Cattlemen's Association, says an environmental agenda tops the list as beef producers face new rules on land and water use. He cites concerns over wetlands and large feedlot regulations, while urging members to publicize their views and respond to consumer demand for leaner beef.
MENTIONED IN THIS ARTICLE
Steven P. Rosenfeld
Jimme Wilson
National Cattlemen's Association
Wilson
Trout Creek
Mont
Iowa Cattlemen's Association
Des Moines
Congress
Cedar Rapids housing starts slip in December
Cedar Rapids housing starts fell to 16 permits in December from 25 in November yet topped the previous year’s level. The December total included seven single family homes a duplex and an apartment building with 1.5 million dollars in new construction, while November featured 3.9 million across eight commercial buildings and 22 single family homes. December’s warmth kept builders active despite the seasonal slowdown.
MENTIONED IN THIS ARTICLE
George C. Ford
Cedar Rapids
Apple Sets Sights on Consumer Electronics Market
Apple Computer plans to enter consumer electronics in coming years. Chairman John Sculley announced at the Consumer Electronics Show that Apple will launch low cost Macintosh PCs in retail stores this year and produce its first multimedia PCs for consumers and PC users. He outlined a plan for personal digital assistants and hand held devices for reference and messaging.
MENTIONED IN THIS ARTICLE
Las Vegas
Nev
Apple Computer Inc
John Sculley
Sculley
Apple
Louis Harris Leaves Firm to Launch LH Research
Pollster Louis Harris announced he is leaving Louis Harris and Associates to form LH Research with Robert Wagner Jr. Harris will be chairman and Wagner vice chair. The firm will focus on public policy research and commercial consulting, pursuing international studies, education issues, and emerging social topics.
MENTIONED IN THIS ARTICLE
New York
Louis Harris
Robert Wagner Jr
LH Research
Harris
Wagner
Louis Harris and Associates
Ronald Reagan
Donaldson, Lufkin & Jenrette
DLJ
Gannett Co
Stock market posts new intraday high on inflation news
The Dow Jones average rose 5.59 to 3209.53 as gains outpaced declines on the NYSE. Volume reached about 291.8 million shares. Analysts expect December nonfarm payrolls to show a smaller decline, following November's 241,000 drop. Local names showing movement include Equitable of Iowa, United Fire & Casualty, Penwest, United Technologies, MCI, Philip Morris, McDonald's, Walt Disney, and Glaxo Holdings.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Iowa
Equitable of
Lowa
United Fire & Casualty
Penwest
United Technologies Advanced
MCI
Philip Morris
McDonald’s
Walt Disney
Glaxo Holdings
Cash flow lessons from The Company Doctor
The Cedar Rapids Gazette column explains cash flow versus income, showing how timing of invoices, debt payments, depreciation, and inventory affect cash versus profits. It advises projecting next year's cash needs, then presenting banker with a plan to gain financing and demonstrates managerial cash awareness.
MENTIONED IN THIS ARTICLE
Fletch
Cedar Rapids
P.O
Scott Clark
Marion
Also Mentioned on This Page
Fred Ertl
Hawkeye
Mr. Smarty
Source
Cedar Rapids Building Dept
C.R
Mitsubishi Diamante
Rob Zimmerman
Hyundai
Mitsubishi
HTC Group Syndicate
Deck
Shopsmith
Woodyme
Compac
Lindale Mall
First Ave
N.E
Equipmen
Arranths Rarewe Chosmith Mailinar
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