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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 23, 1980
Page
39
Bull and Bear debate the outlook as stocks appear cheap with AT&T GE and J C Penney yielding solid rates. They warn a deep recession could follow, with weaker profits and rising unemployment, while inflation and monetary policy shape the timing of recovery.
Collins Telecommunications Products Division of Rockwell International in Cedar Rapids won a Navy contract from the Naval Electronics Systems Command worth up to 5.2 million dollars. Deliveries begin in mid 1981. The multicouplers enable isolation for up to four transmitter or receiver pairs with a common UHF antenna for shipboard communications. The deal includes an option for 77 additional units, following recent Navy purchases for Spruance class destroyers.
Jack Lawler vice president administration becomes executive vice president of Vigortone Products Co. in Cedar Rapids. Since joining Vigortone in 1971 as sales training director, he will oversee production distribution and warehousing in addition to travel and personnel.
Robert J. Carlson of Otumwa has been named international trade specialist for northeast Iowa by the Department of Commerce. Carlson, 41, succeeds Gary Ellis and will live in Des Moines after a career spanning U.S. Army U.S. Steel diversification and degrees from the University of Iowa and Thunderbird.
MoKay Chemical Corp said it will construct an isomer separation plant in New Martinsville Pennsylvania with annual capacity of 20 million pounds. The project was announced last week and positions the company to expand chemical operations in the region.
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