Los Angeles Times plans 385 million press expansion order
The Los Angeles Times will buy about 120 Goss Colorliner press units built in Cedar Rapids plus additional equipment in a 385 million project to upgrade and expand printing facilities. The upgrade includes a new six 12 unit Colorliner plant in central Los Angeles, four presses for the Costa Mesa plant, color upgrades in Chatsworth and an overall completion by 1992. The Cedar Rapids plant expects a major impact from the deal.
MENTIONED IN THIS ARTICLE
Price Fisnwire Gazette Financial Star
The
Los Angeles Times
Goss
Cedar Rapids
Graphic Systems
Rockwell International
Times
Tuesay
Cemtral Los Angeles
Orange County
Costa Mesa
Calif
San Fernando Valley
Chatsworth
Art Rhodes
Rockwell-Goss
Times Board of Directors
Rhodes
Army Times
Virginia
Fort Lauderdale
Fla
Baltimore Sun
Fmclant
Bank clearings up 3.5 percent over March 1986
The Cedar Rapids Bank Clearing House reports higher value of checks cleared. Clearings rose 3.5 percent versus March 1986 and 1.05 percent versus April 1986. For the year to date, clearings are 7.1 percent higher than the same period a year earlier.
MENTIONED IN THIS ARTICLE
Cedar Rapids Bank
United says will discuss employee financial participation
At UAL Inc annual meeting Richard J Ferris, chairman and CEO, said the airline is willing to discuss financial participation for United by pilots and other employees. The comment followed a rejected bid from the pilots union to buy United for 4.5 billion and comes as Ferris stressed the company is not for sale. The group also noted Trump reportedly sold a stake in UAL as the firm shifts to Allegis Corp, owner of Hertz and Hilton International.
MENTIONED IN THIS ARTICLE
New York
United Air Lines
United
UAL Inc
Richard J. Ferris
UAL
Ferris
New York City
Donald J. Trump
Allegis Corp
Hertz Corp
Westin Hotel Co
Hilton International Co
Treasury to auction 29 billion in new debt next week
The Treasury plans to borrow 29 billion dollars in three auctions to replenish government coffers as it finances the 2.25 trillion dollar federal debt. Officials expect strong demand despite a weaker dollar. three year notes 10 billion, 10 year notes 8.25 billion, and 30 year bonds 9.25 billion planned for auctions next week.
MENTIONED IN THIS ARTICLE
Washington
Ary
Treasury Department
George D. Gould
Treasury
Department
United States
Gould
Japan
U.S
Victor Plastics owners named 1987 SBA Small Business Persons of the Year
Cedar Rapids district honors Victor Plastics Inc founders Ames Kuby and James Paisley for building a $7 million custom plastics operation in Victor Iowa since 1983. Plant expansion includes Kalona satellite, job growth to about 170, and community investments aided by Kirkwood College training contracts and a state development grant.
MENTIONED IN THIS ARTICLE
George C. Ford Bazete
Iowa
Cedar Rapids
U.S
Small Business Administration
Ames F. Kuby
James W. Paisley
Victor Plastics Inc
Perah Read
Victorian Inn
Victor
Victor Plastics
Kubu and
Paisley
Galaxy Molding
Sig Industries
Montezuma
Ruby
Kalona
VPI
Kirkwood Community College
SBA
Kuby
Melvin Happel
Farmers Savings Bank
Rone
Dow up 32 as market rides Wednesday rally gains
The Dow Jones industrial average rose 32.10 to 2286.36 on Thursday with NYSE volume around 183.06 million shares. The market extended the prior session’s rally amid hopes for a steadier dollar and softer rate pressures, though April records a first down month in 1987.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Dow
Procter & Gamble
Rockwell International
Nash Finch
Texaco
Pennzoil
Entex
Standard & Poor
3GP
Amex
Tursso to Build 3.5 Million Plant in Fort Dodge
Tursso Companies Inc of St Paul plans a 3.5 million Fort Dodge plant to employ 120 workers within five years, with 60 positions expected after two years following a Wednesday meeting with town officials. Maytag Name Change to Maytag Corp Approved.
MENTIONED IN THIS ARTICLE
Fort Dodge
Tursso Companies Inc
St. Paul
Daniel J. Krumm
Maytag
Magic Chef
Maytag Corp
Admiral
Maytag Co
Diversified Products
Factory orders rise 2.3 percent in March
Commerce Department data show March factory orders up 2.3 percent to a record 198.89 billion, led by a 39 percent surge in military equipment. Analysts note defense demand skewed the gain, with experts split on broader economic vigor.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Department
Robert Ortner
Beverly Enterprises faces NYSE delisting fight over dual class stock
Beverly Enterprises, operator of Heritage Acres Care Center in Cedar Rapids, says NYSE plans to delist its common stock after it issued about 100 million in preferred shares to Stephens Inc. Five-vote preferred stock creates a separate class and spans mergers and reorganizations, prompting a hearing request and SEC rule-change scrutiny.
MENTIONED IN THIS ARTICLE
Pasadena
Calif
Beverly Enterprises
New York Stock Exchange
Heritage Acres
Cedar Rapids
Exchange
American Stock Exchange
Beverly
New York Exchange
NYSE
Stephens Inc
Little Rock
Ark
Stephens
Dow Jones & Co
Wall Street Journal
Hershey Foods Corp
General Cinema Corp
Securities and Exchange Commission
Also Mentioned on This Page
L.A
Howver
FMC
Cleed
Cedar Rapids Bank Clearings
Tom Rowser
and Gazette State Reports
Peter Eeesion
Ford Motor
Ford
General Motors
Chrysler
Eastman Kodak
Unisys
Longview Fibre
Banks of
MONEY
Texas
Kenneth W. Littlefield
Unitedbank
Houston and
Peoples State Bank
Panhandle
Turkey
Federal Deposit Insurance Corp
Turkey Bank
FDIC
Eastern
Miami
Eastern Airmes
Chicago
Wich
NBC
Lake Bueia Vista
Walt Disney World
Florida
Helen Manasian
Bob Martinez
Ortner
Bruce Steinberg
Merrill Lynch
Steinberg
Cityline
Dow Jones
the Gazette
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