Penwest reports dip in earnings for second quarter
Bellevue based Penwest reports second quarter earnings of 2.2 million and six month earnings of 4.2 million as sales rise to 31.5 million due to the Edward Mendell Co. acquisition. CEO Ted Hamachek cites capacity constraints in core specialty chemicals for papermaking and notes Cedar Rapids plant expansions.
MENTIONED IN THIS ARTICLE
Bellevue
Wash
Penwest
Penford Products Co
Penford Foods Co
Cedar Rapids
Edward Mendell Co
Ted Hamachek
Butz Criticizes Unions and Sees Japan as Market
Former Secretary Earl Butz steers clear of bashing Japan, praising its cars while noting Japan is the U.S. farm export market. He argues farm prosperity hinges on cutting government rules and union work rules at home, urging removal of price-support programs to reduce dependence on government aid.
MENTIONED IN THIS ARTICLE
Steven P. Rosenfeld
Associated Press
AMES
Earl Butz
Japan
U.S
United States
Buzz
Iowa
Bush
United Auto Workers
Butz
Dwight Eisenhower
Richard Nixon
Gerald Ford
Soviet Union
Russia
ASCS
Midwest towns lead as housing becomes more affordable
Elkhart Gosen area Indiana tops the Housing Opportunity Index of 176 metros as affordability improves due to lower mortgage rates and competitive prices. Des Moines and 16 other Midwest cities rank in the top 25, while San Francisco remains least affordable with 9.9 percent. Nationally, 37.9 percent of homes offered could be afforded by median income households in late 1991, up from 34.8 percent a year earlier.
MENTIONED IN THIS ARTICLE
Washington
America
Midwest
Elkhart-Goshen
Indiana
National Association of Home Builders
Des Moines
Midwestern
Northeast
California
San Francisco
Robert ‘Jay
Federal Home Loan Mortgage Corp
Filtering Junk Calls for Small Businesses
Scott Clark offers a practical plan to cut junk telemarketing by using a white list and a black list, screening callers, and a process called The Drop. Secretaries verify identity, request written material, and record repeat offenders, while advising notifying the Chamber of Commerce and keeping the approach polite but firm.
Seven firms awarded CEBA funds to create 673 jobs
Iowa Development board approved CEBA awards for seven companies. Mark Industries will relocate from California to Waverly with a 26 million project creating 220 jobs at 11.55 per hour. Century Companies expands in Waverly with 183 jobs at 11.50 per hour. LinkUSA Cedar Rapids gets 315000 for 192 jobs. Blueberry Plastic Des Moines gets 40000 for 35 jobs at 8.42 per hour. Celsus relocates to Storm Lake with 20 jobs at 7.50 per hour. Oak Manufacturing New Hampton gets 20000 for 10 jobs at 6.25 per hour. Oak will move into a new facility to manufacture bags.
MENTIONED IN THIS ARTICLE
Eddyville
Cargill Inc
Iowa
Minneapolis
Cargill
Cedar Rapids
Dayton
Ohio
Memphis
Waverly
Ided Board
Century Companies of America
Century Companies
Cuna Mutual Insurance Group
CEBA
Linkusa
Blueberry Plastic Mill
Des Moines
Blueberry Plastic
Blueberry Patch Ltd
Celsus Inc
Storm Lake
Celsus
Q Oak Manufacturing of
New Hampton
Oak Manufacturing
Lynnville
Also Mentioned on This Page
Labor Department
Dow
New York Stock Exchange
United Fire & Casualty
International Paper
Heartland Express
Equitable of
J.C. Penney
New York
Caroline Penney
Caroline Autenrieth
Penney
Penneys
James C. Penney Foundation
Kelly Temporary Services
Kelly
Aging Services Inc
HACAP
American Heart Association
4 Oaks
Muscular Dystrophy Association
St. Luke’s Child Protection Center
Tanager Place
The
YWCA
Tribune Medi
Bae
Agricultural Stabilization and Conservation Service
Department of Agriculture
Kennedy Marine
First Ave
Sixth St
Gail Kennedy
Kennedy
Our
Walter
Walt
Boiler Room
Chamber of Commerce
Third Ave
Scott Clark
Marion
HTC Group Syndicate
Third Avenue S.E
Mt. Vernon Rd
S.E
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