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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

Oct 24, 1990

Page

11

Penford eyeing expansion with more jobs and corn purchases

Penford Products plans a 30 percent capacity rise with on-line equipment in Cedar Rapids, adding 20 000 bushels of corn daily and raising annual grain intake to about 69 million bushels. Employment will grow from 320, with potential new hires, as Penwest expands its Pengloss product line and contemplates a second Pengloss plant in Indiana or Ohio.

Steven Hance Penford Penford Products Bob Sundmacher Sundmacher Hamacher Penwest Cedar Rapids Hamachek Pengloss North America Europe Indiana Ohio Conway Sturgeon Penford Products Co First St Tod Hamachek H. Thomas Reed

Gulf weighs sending 50 000 more U S troops for possible ground action

Pentagon officials indicate the Bush administration may dispatch as many as 50 000 additional U S troops to the Persian Gulf as Gen Schwarzkopf and Gen Powell discuss options. Secretary Cheney planned talks after Powell's return to decide on force levels. Oil prices fluctuated amid market uncertainty.

Pentagon Pete Williams Colin Powell Joint Chiefs of Staff H. Norman Schwarzkopf U.S Gulf Powell Saudi Arabia Defense Dick Cheney Washington Williams Bush Administration Persian Gulf Kuwait United States Cheney Schwarzkopf

Farm bill faces 1990 hurdle amid subsidy cuts and GATT trigger

The House approved a 54 billion five year farm price support plan but a 13.6 billion, 25 percent reduction is tied to deficit talks. Iowa senators Harkin and Grassley are poised to oppose the bill in the Senate over the cuts and subsidy strategy.

House Midwest European Economic Committee U.S Secretary of Agriculture Iowa Tom Harkin Charles Grassley Senate Grassley Harkin Senate Agriculture Committee

Iowa and Nebraska income dip contrasted with Branstad stance

Branstad defends Iowa quarterly income figures while Avenson blasts the state’s economic policy citing wage ranking drops from 30th to 43rd and criticizes grant policies. He notes farm income volatility and forecasts stronger year-end results amid strong livestock prices and soy yields. Nationwide personal income growth slowed to 1.3 percent.

Commerce Department Branstad Avenson Iowa Labor Department Oelwein Terry Branstad Federal Department

Jury seated in PTL money diversion lawsuit

A jury was seated in Charlotte to decide a $757 million lawsuit accusing PTL founder Jim Bakker and others of diverting contributors money for personal use. Opening arguments were scheduled for that morning.

Charlotte N.C PTL Jim Bakker

Also Mentioned on This Page

Saddam Nebraska Peltiees Katie V.S.P U.S.A New York City Younkers Associates Des Moines Liz Claiborne
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