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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 06, 1997

Page

11

Ipsco tests production at new Montpelier Iowa plant

Ipsco discusses startup of its 400 million eastern Iowa plant after months of delays. First 6 inch by 72 inch carbon steel slabs cast with two shifts planned as initial production is evaluated. Plate finishing to begin later this month or early June.

Ipsco Iowa Montpelier Mario Dalla-Vicenza

Gould resigns posts at Younkers and Proffitt's

Tom Gould who led Younkers through a sale to Proffitt's resigns as Younkers chairman and Proffitt's vice chairman effective April 1. He helped resist Carson Pirie Scott's takeover and negotiated the sale to Proffitt's in 1995. Gould, 50, may pursue retail consulting work according to friends.

DES Moines Tom Gould Younkers Proffitt’s Inc Proffitt Gould Tom R. Brad Martin Proffitt’s Bill Knapp Knapp Martin

Dow's 143-point surge pushes index above 7200 record high

Wall Street snapped higher with the Dow Jones gaining 143.29 to 7214.49 as the Nasdaq rose over 2.5 percent. Traders cited the White House and Congress balanced budget pact and gains led by Philip Morris amid RJR Nabisco liability news, with broad market advances and heavy NYSE volume.

NEW York Stock Exchange Philip Morr Industrial PepsiCo American Stock Exchange Hasbro Royal Oak Cisco Oracle Intel Sre DOW Jones Amex Biotech Computer Standard & Poor's Finance Close Indust Indust Insurance Transpt Telecom Utilities Transport Finance NMS Com MidCap Wilshire Associates Purce Associated Press New York Dow Scott Bleier Prime Charter Joe DiNucci A.G. Edwards & Sons Cedar Rapids White House Congress DiNucci Philip Morris RJR Nabisco Florida RJR Iowa

Farmers plant progress ahead of five year average in Iowa

Iowa crops report shows 53 percent of corn planted, six days ahead of five year average. Weather brought 2 inches of rain, frosty lows, hail and snow across regions, with statewide moisture near normal but uneven. Allen Platner near Marion reports 60 acres planted on April 29 before rain halted work, as farmers anticipate drier spells to resume proper planting.

Gazette Rural Affairs Iowa Crops and Weather Report Allen Platner Marion Iowa Spencer Burlington Platner

Paper giants merge in nearly six billion Fort James deal

James River Corp acquires Fort Howard Corp in a $5.9 billion merger to form Fort James Corp with headquarters in Richmond Virginia and Chicago Illinois. The union aims to challenge Kimberly Clark and Procter Gamble, generating over 7 billion dollars in annual sales and preserving a large portion of the workforce while cutting 150 to 200 million in annual costs through combined manufacturing.

Milwaukee James River Corp Fort Howard Corp Kimberly-Clark Corp Procter & Gamble Co Fort James Corp Richmond Chicago

AT&T Promises Customer Savings From Access Fee Cut

AT&T promised the FCC it would pass along most of expected savings to customers not on discounted plans as regulators move to cut local access fees. The FCC is to vote on the plan, which could lower the average monthly long-distance bill by at least 8 percent, though local rates may rise.

California Inlet Inc Cedar Rapids Deltapoint Inc Monterey Calif Inlet Deltapoint Washington At&t Corp Federal Communications Commission FCC At&t

Also Mentioned on This Page

Farm Bureau Iowa Farm Bureau Minnesota North Dakota South Dakota Treasury Treasury Department Federal Reserve Ford Ford Motor Co United States Canada Crown Victoria U.S C.R LeeAnn Scantlin Jim Houch Peoria Ill Raybestos Company Agricultural Machinery Conference Wyndham Five Seasons Hotel Five Seasons Center American Society of Agricultural Engineers Quad-City Society of Automotive Engineers Mississippi Valley Younkers, Proffitt’s Western Atlas General Electric Gillette Procter & Gamble International Paper McLeod Weyerhaeuser HON Industries AEGON Eastman Kodak General Mills Raytheon United Technologies Marlene Surplu Paper Products Companies Miles Marsh James River Vanity Fair Marsh Fort James Michael Riordan Fort Howard Green Bay Wis Riordan Richard Elder AutoLine Iowa City Nautodesk Dar Rapids Asered By Quannon Cad Systems Luannon.com
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