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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 06, 1996
Page
14
APAC TeleServices will add full time 5 cent wage jobs at its Hiawatha site this month with a full benefits package. Salaries range from 6.25 to 7 dollars an hour plus bonuses as the company expands nationwide to over 6,000 workers in 41 call centers. A Waverly center opening this month will employ about 150.
Frank Rydzewski, 46, a 23 year veteran of the specialty chemical industry, will become president and general manager of Penford Products Co. in Cedar Rapids on April 1. He succeeds H Thomas Reed who will retire in spring 1997 and become a senior adviser to Penford and Penwest.
American factories posted a second straight monthly gain in January despite a severe winter blizzard. New orders for durable and non-durable goods rose 0.5 percent to 311.1 billion dollars, with December revised up to 309.5 billion and a 1.7 percent yearly rise. Durable goods climbed 0.2 percent and nondurable 0.8 percent.
DES MOINES AP Regulators prepare to implement Iowa 1995 hog farm law with rules effective March 20 after permits for large scale operations were sought. A special rules committee writes enforcement guidance as lawmakers debate changes.
Grace & Co said it rejected a merger proposal from Hercules Inc chairman Thomas Gossage. Gossage resigned, saying Grace would benefit from combining with Hercules, while Grace cited no synergies and led the stock higher on merger talk.
Tribune Media Service explains that night school courses to maintain or improve your current job may be deductible. Deduction covers tuition books supplies lab fees and certain transportation. Not deductible if it creates a new trade or profession. For more tax information call CITYLINE 363 7000 or 337 7000 category 1099.
The Dow Jones rose 42.27 to 5642.42 after fluctuating through the day. Tech and consumer shares led gains while volume on the Big Board reached 435.28 million shares. W R Grace surged 9 to 77. Procter & Gamble gained 1 to 87 while Eastman Kodak rose 2. Thom Brown called the gains remarkable amid bond market weakness.
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