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Newspaper
Decatur Daily
Location
Decatur, Alabama, United States of America
Date
Jan 16, 1973
Page
11
AP analysis by John Cunniff notes uncertainty surrounds Phase 3 of Nixon's economic policy. While inflation has eased to 3 to 3.5 percent, mandatory controls are lifted amid warning that price stability may falter without restraints. The Commercial Credit Co. cautions about boom-like conditions and potential risks to ongoing inflation control.
A new Warehouse Groceries would open in February on Alabama 67 near U S 31 South, claimed as the largest Morgan County store with 50 employees. The store, housed in a Morley Denbo building, will be run by Chastain Roberts Co of Anniston, a Super Valu division.
The City Revenue Office warned that nonpayment of the annual privilege license by January 31 will incur a 15 percent penalty and a $1.50 citation fee. About 2,700 notices were mailed December 18, but only 298 payments have been received. Citizens may call 355-7410 with questions.
A Decatur plant expansion for Wolverine Tube is on schedule to complete and occupy in early April. The new 10,000 square foot building will house division management and is expected to support ongoing operations with about 30 staff.
Universal Oil Products plans moving Wolverine Tube division offices to Decatur in April. About 30 top management personnel will transfer from Allan Park Michigan over two months as a 10 000 square foot office building near the plant entry is completed. UOP will add an equal number of clerical staff, with Hack Ross already relocated in Decatur. The Decatur payroll totals about 1024 workers with 1972 payroll estimated at 10 million dollars.
Six Monsanto Company employees in the Decatur area received mementos marking their first U S patent issued in 1971. The walnut desk top box features a colorful etching of the Letters Patent front page. Recipients are John R. Bauer, Carl J. Cicero, Marvin A. Eaton, Paul Funk, Herbert A. Spiller, and Gary L. Stephens.
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