Cedarapids Inc Becomes Company Name at Cedar Rapids Plant
Iowa Manufacturing Co. of Cedar Rapids changes its corporate name to Cedarapids Inc. effective Monday to match its better known trademark. Execs say the shift strengthens marketing in construction equipment, with about 650 employees in Cedar Rapids and Eugene, Oregon, and 10 percent year growth expected. the brand dates to the 1930s.
MENTIONED IN THIS ARTICLE
L.W. Ward
Brad Mears
Steve Edaburn
Nesper Sign Company
Iowa Manufacturing Co
Cedar Rapids
Cedarapids Inc
Iowa Manufacturing
Vern Schrimper
Schrimper
Colorado
Iowa
Eugene
Ore
Dunmire
Tion
Raytheon Co
Howard Hall
Autos drag stocks as market slips on weak economy
Wall Street eased after Friday's rally with auto stocks leading the decline as competition pushes down GM, Ford and Chrysler. The Dow fell 6.04 to 1328.41 while volume on the NYSE reached 83.67 million shares amid renewed rate worries and signs of economic weakness.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Association
Toyota Eyes US Plant Near Nashville and Kansas City
Toyota Motor Corp. nears a decision on a new US assembly plant with sites explored near Nashville Tennessee and Kansas City Missouri. If chosen, the plant could open in late 1987 or 1988, as Toyota defends its No. 1 US market position amid rising competition from Nissan and Honda.
MENTIONED IN THIS ARTICLE
Detroit
Toyota Motor Corp
Japan
United States
Nashville
Tenn
Kansas City
Toyota
Nissan Motor Co. Ltd
Honda Motor Co. Ltd
Art Garner
Toyota Motor Sales USA
Torrance
Calif
Treasury bills fall as short-term yields near five-year low
The Treasury sold 7.2 billion in three month bills at 6.92 percent discount, down from 7.00. Another 7.2 billion in six month bills went at 7.00 percent, down from 7.08. The discount rates imply actual returns of 7.14 percent for three month bills and 7.36 percent for six month bills.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
Sears unveils its Store of the Future at Lindale Mall
Sears Lindale Mall unveils a redesigned store as part of a $1.7 billion, five year remodel plan begun in 1981. Hal Armstrong says the Cedar Rapids project uses 700 lines reviewed, 200 moved, 30 dropped, with a futuristic layout, new electronics shop, expanded apparel and home sections, and computerized cash registers reducing checkout time.
MENTIONED IN THIS ARTICLE
George C. Ford
Sears
Armstrong
King of Prussia
Lindale
Cedar Rapids
Also Mentioned on This Page
Cedarapids
Ron Dunmire
Iow
Acquisi
16Th St. NE
Auto
General Motors
Ford Motor
Chrysler
Exxon
Standard & Poor
S&p
General Motors Corp
Fremont
Consumer
Midland
Marion
Anamosa
Monticello
Dyersville
Maquoketa
Midland Financial Group
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