Cryovac Works With Soviet Officials On Food Preservation Methods
Joy Grace reports Cryovac Division of W R Grace Specialty Chemicals Co has collaborated with Soviet officials to improve the USSR’s food preservation methods. Cryovac runs a Cedar Rapids plant and leads shrink film packaging for perishables. In Washington and Duncan meetings, Cryovac and Soviet officials discussed cooperation. Treasury yields rise in Monday’s auction with three month bills at 7.73 percent and six month bills at 7.64 percent, with higher true yields.
MENTIONED IN THIS ARTICLE
Cryovac Division
W.R. Grace Specialty Chemicals Co
Soviet Union
Cryovac
Cedar Rapids
Washington
Duncan
S.C
Treasury
Treasury Department
Korean Air Signs 23 Boeing 747-400 Order
Korean Air signed a 4.8 billion contract to buy 23 Boeing 747-400s, the third largest by value for Boeing. The deal positions KAL behind Japan Airlines for contract size. KAL has added routes from Seoul to Moscow Sydney Toronto and Vancouver. Each aircraft carries Rockwell electronics built in Cedar Rapids.
MENTIONED IN THIS ARTICLE
Korean Air
Trump banks strike deal to shore up empire loans
Donald Trump will receive $60 million in new loans and breathing room to stabilize his real estate and casino holdings under a tentative weekend agreement with major banks. The plan would also permit suspension of interest payments on about $2 billion of existing debt, sources said Monday.
MENTIONED IN THIS ARTICLE
Donald Trump
Trump
Maytag files registration for 297.5 million debt securities and warrants
Maytag Corp. has filed an SEC registration statement covering 250 million dollars of debt securities and warrants. This adds to 47.5 million dollars remaining from a prior registration, authorizing a total of 297.5 million dollars of debt securities and warrants when effective.
MENTIONED IN THIS ARTICLE
Maytag Corp
Securities and Exchange Commission
Maytag
IRI reshuffles top ranks appoints joint chief executive
IRI creates Office of the Chief Executive with Gian Fulgoni and James Andress sharing CEO duties. Fulgoni remains vice chairman. Andress remains president. Cedar Rapids hosts IRI consumer research arm. Chrysler announces Bennett Bidwell to retired Jan 1. Bidwell, a key Chrysler Motors leader, follows other exits in six weeks.
MENTIONED IN THIS ARTICLE
Information Resources Inc
Gian Fulgoni
James Andress
IRI
Cedar Rapids
Chrysler Corp
Bennett Bidwell
Lee Iacocca
Bidwell
Chrysler Motors
Nestle reorganizes U S coffee ice cream units
Nestle Holdings Inc announces a major U S reorganization of its food operations. The Nestle Foods coffee units will join Hills Bros Coffee to form Nestle Hills Coffee Co. The ice cream and dairy divisions from Nestle and Carnation merge to Nestle Ice Cream Co. Stouffer Restaurant Co merges with Stouffer Hotel Co to form Stouffer Hospitality Group with headquarters in Cleveland.
MENTIONED IN THIS ARTICLE
New York
Nestle Holdings Inc
United States
Nestle Foods Co
Nestle-owned
Hills Bros. Coffee Co
Nestle Hills Coffee Co
Nestle
The
Carnation Co
Nestle Ice Cream Co
Stouffer Restaurant Co
Stouffer Hotel Co
Five Seasons
Cedar Rapids
Stouffer Hospitality Group
Cleveland
New Pengloss plant rises at Penford in Cedar Rapids
Pengloss, a new paper industry product, is taking shape on the Penford Products plant property in Cedar Rapids. President H Thomas Reed says the building is on schedule for a September production start with much of the exterior finished in white metal and several tanks yet to be installed.
MENTIONED IN THIS ARTICLE
Pengloss
Penford Products
Cedar Rapids
H. Thomas Reed
Reed
New CMF&Z Public Relations President Named
Carol Bodensteiner is named president of CMF&Z Public Relations, an operating unit of Creswell Munsell Fultz and Zirbel, ranking as the 37th largest U S public relations firm. She previously served as executive vice president and general manager of the Des Moines office for the past year, succeeding Richard Mayes who has departed.
MENTIONED IN THIS ARTICLE
Carol Bodensteiner
Cmf&z Public Relations
Creswell, Munsell, Fultz and Zirbel
Des Moines
Richard “Rick” Mayes
Job ads show sluggish hiring nationwide and locally
The Conference Board reported April national help wanted ads index at 138, down from 139 in March and 159 a year ago, while Cedar Rapids ads rose 3.1 percent but still fell 8.2 percent from April last year. May shows a 0.5 percent rise from April and a 5.8 percent drop from May last year, with Cedar Rapids echoing a March–August rise and September–February decline.
MENTIONED IN THIS ARTICLE
Conference Board
New York
Cedar Rapids
The
Gazette
National
Ken Goldstein
Business Research Organization
New England
Dow Jones climbs as bargains lift blue chips
The Dow rose 30.19 to 2892.57 led by General Mills and Boeing amid a light 119.55 million share day. Advancers outpaced decliners about 5 to 3 on the NYSE as energy plays edged higher and Exxon and Chevron gained while Microcom tumbled after forecasting a quarterly loss.
Sara Lee Bakery to close Deerfield plant by 1991
The Sara Lee Bakery announced on Monday that its Deerfield facility will close by March 1, 1991. Production will move to other plants and about 500 workers will lose their jobs, with a further 100 administrative positions eliminated.
MENTIONED IN THIS ARTICLE
Deerfield
Sara Lee Bakery
Dubuque Firm Plans Monona Telemarketing Branch
Advanced Data Comm of Dubuque said it leased the former Monona Telemarketing Association property to create a Monona center. The site will handle overflow work from the Dubuque operation during evenings, adding 10 to 12 jobs initially with potential to grow to 50 next year. The company now has 140 work stations. Monona Telemarketing closed with 42 employees.
MENTIONED IN THIS ARTICLE
Dubuque
Advanced Data Comm of
Monona Telemarketing Association
Monona
Michael Budde
Dubuque Center
Monona Telemarketing Co
Advanced Data Comm
Northeast Iowa Telephone Co
Henry Hemesath
Monona Telemarketing
Also Mentioned on This Page
Grace
Maytag Registers Securities
IRI Restructures Management
Chrysler
Tribune Media
Penford
Todd Mcinturf
Dow
Associated Press and Gazette
Eastern
Iowa
General Mills
Square D
Procter & Gamble
Wal-Mart
Weyerhaeuser
Nash Finch
Boeing
Korean Airlines
Exxon
Chevron
Atlantic Richfield
Amoco
Texaco
International Business
Coca-Cola
General Motors
American Telephone & Telegraph
DuPont
Microcom Inc
Joyce Langlas
JOB Training Partnership Act
East Central
Employment and Training Consortium
St. S.W. Cedar RapiDs
Mary McDowell
Nova University
Commie. of Colleges and Schools
Ne Southern Association
Marty Smith
Millhiser Smith Agency
Oakland Road
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