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Newspaper
Dixon Telegraph
Location
Dixon, Illinois, United States of America
Date
Feb 27, 1990
Page
5
U S factory orders for durable goods fell 10.5 percent in January, the steepest drop since comparable tracking began 32 years ago. Transportation equipment led the decline with aircraft and parts down sharply, while auto production also slid as layoffs trimmed inventories.
Hoffman Estates approves an economic development pact to finance Sears Roebuck move from the Sears Tower to a new HQ site in the suburb. The plan envisions an estimated 120 million bond issue funding an 89 million land purchase and about 30 million in related improvements. Site plan hearings begin in March on traffic and environmental impact.
The Commerce Department reports the 1989 U S trade deficit at 113 2 billion, the smallest since 1984, as exports rise 13 4 percent to a record 361 9 billion while imports climb 6 4 percent to 475 1 billion. Fourth quarter deficit rises to 28 8 billion.
Wes Anderson earns Mazda Certified Product Master rating for product knowledge and sales excellence. He will compete in the Mazda 1990 National Presentation Competition for cash prizes up to 5000 dollars. Mayflower Contract Service names Vicki Crow driver of the month for January for bus 17. Charlie Koch honored for 15 years of service with Country Companies at a February 9 banquet. Bradford Mutual Fire Insurance Company reports 2672 policyholders and reelects directors Jack Baylor and Ray Dallam with Robert Meier as general manager. Royal Alliance reports strong response after acquisition by SunAmerica Corp, expanding its 3000 representatives and assets under management.
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