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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

Sep 20, 1995

Page

11

Wall Street Closes Mildly Lower After Mixed Day

The Dow Jones Industrial Average shed 13.37 points to finish at 4767.04 as gains in General Mills Raytheon and United Fire offset declines in Deere Eastman Kodak and Heartland Express. American Airlines announced up to 40 percent fare cuts amid seven day advance purchase rules. AT&T unveiled a new online business network for small firms.

Wall Street Iowa General Mills Raytheon United Fire & Casualty Deere & Co Eastman Kodak Heartland Express American Airlines Inc United States Canada American NEW York Stock Exchange Sve Ve Industrial Royal Dutch Ransport MicronTech Caterpillar EMC Corp American Stock Exchange Viacom Viacomb Forest Labs Cisco Oracles AMEX DOW Jones Biotech Finance Standard & Poor's Indust Indust Insurance Transpt Telecom Utilities Wilshire Associates Associated Press

Farmland values rise 2.4 percent in six months in Iowa

Iowa farmland values continue a healthy 5 percent annual rise per state figures from the Realtors Land Institute chapter. Six month gains at 2.4 percent, with top-quality cropland priced between 1363 and 2196 dollars per acre.

DES Moines Iowa Realtors Land Institute Iowa Farm & Land Institute Congress

Swedish-owned firm buys Cedar Rapids Universal Engineering

Svedala Industries Inc of Wisconsin purchased Universal Engineering from Pettibone Inc. The deal, not disclosed, keeps all 125 Universal employees. Universal, founded 1906 in Cedar Rapids, makes crushers shredders and conveyors for construction mining and processing. Svedala AB of Malmo owns the buyer. John Platner predicts broad product and distribution fit.

Wate Renancial Cedar Rapids Universal Engineering First Ave Pettibone Inc Chicago Svedala Industries Inc Waukesha Wis Svedala Industries Svedala Industri AB Malmo Sweden Platner

Midamar and Evergreen Win C R Export Awards

Midamar Corp and Evergreen Packaging Equipment won International Trade Achievement awards from the Cedar Rapids Area Chamber of Commerce for excellence in exporting. The honors were presented at Elmcrest Country Club during a dinner of the International Trade Bureau.

Cedar Rapids International Trade Bureau Cedar Rapids Area Iowa Midwest Midamar U.S Singapore Malaysia Indonesia Hong Kong China Tunisia Egypt Saudi Arabia

Iowa Drives Record Exports Outlook For 1995

Iowa export activity surged in the first half of 1995 with factory exports up 28.9 percent from 1994 and totaling about 2 billion for the period. Top destinations include Canada and Japan as industrial machinery and processed foods lead shipments. Evergreen Packaging and Midamar highlighted as major exporters with global expansion and ISO 9001 certification.

Owa Iowa Canada Japan Siegelman Evergreen Packaging Brazil China Russia Argentina Venezuela Hong Kong

Farm leader warns late farm bill will disrupt 1996 plans

Dean Kleckner president of the American Farm Bureau Federation spoke in Cedar Rapids predicting Congress will delay a farm bill until year end, leaving farmers unsure what seed to buy fertilizer plans to make and soil work. He noted committee drafts will be written this week and votes follow, amid budget cuts and contested supports.

Marlene Lucas Congress Dean Kleckner American Farm Bureau Federation AFBF Cedar Rapids Linn County Farm Bureau Rudd House Senate Kleckner

Cedar Rapids housing starts rebound in August

Cedar Rapids building department data show 41 housing starts in August up from 34 in July 1994 figures include 36 single family homes two apartments two condominiums and a group home. National housing starts rose to 1.398 million annual rate in August the fifth straight monthly gain but slower than July.

Gazette Associated Press Cedar Rapids Cedar Rapids Building Department Commerce Department

Also Mentioned on This Page

At&t At&t Business Network Ziff Communications Co USA Today Fisher-Price Kolcraft National Highway Traffic Safety Administration Netscape Communications Corp Agriculture Department McDonald's Ernest & Julio Gallo Pillsbury Ervices, Inc Inbune Media Si Ennison le E Ahad Velmee C.R S Universal George C. Ford Evergreen C.R. Export Awards Wait Qatar United Arab Emirates Oman Korea The Czech Republic Hungary Ivory Coast Cameroon Nigeria Mauritania Farm Bureau Washington Dean Kieckner UTNE NCAA Collin Credit Unio Nerd Paulson Electric Company Fifth Avenue Kelly PinPoint Loyer
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