Industrial Plants Announced Across South Carolina and Georgia
Plans announced for a Dow Production Machinery screw plant in Varnville South Carolina leasing space from a former mill, with a projected 100000 dollars annual payroll within a year. Eastern Air Lines to expand Miami jet overhaul base with about 1200 new jobs by November and 10 engines per day. Jeffrey Manufacturing in Woodruff South Carolina to raise wages 6 percent for 96 hourly workers as production shifts to Woodruff. Thermal Engineering Corp to build a 30000 square foot infrared energy generator plant in Columbia with 120 employees and subsidiary research. Proctor and Gamble to employ about 120 at a four million dollar detergent plant under construction in Augusta Georgia. Paper Warehouse Jacksonville Florida item continues.
MENTIONED IN THIS ARTICLE
Varnville, S. C
Varnville
Dow Production Machinery Co
Columbus
Ohio
iGinn Milling Co
Miami
Fla
Eastern Air Lines
Miami International Airport
Columbia, S. C
Thermal Engineering Corp
Columbia
Engineering Science Research, Inc
Eugene C. Woodward
University of South Carolina
Department of Mechanical Engineering
Augusta
Proctor and Gamble
Southeastern
Wise investor cautions on tax bracket moves and growth stocks
A widow with three children seeks tax relief but faces advice to maintain growth stocks for college funding. The column discusses portfolio strategy, tax-exempt bonds, and the value of Adams Express as a closed end fund with years of dividend and capital gains history. It also notes reader mail policy and a weather-related avalanche remark.
MENTIONED IN THIS ARTICLE
M'Am
Adams Express
Railway Express
Summer Doldrums Ease With More Plant Downtime
The article notes a softer summer slowdown aided by longer vacations and fatigue after expansion. It cites plans for a 40,000 foot warehouse by Virginia Paper Co in Jacksonville, Florida, and reports American and Efird mills net income of 647,631 dollars for the year ending April 1 and sales of 47.4 million dollars. It discusses tax rule uncertainty, potential tax cuts, and how labor patterns may affect consumer spending, investment, and recreation as plants idle longer this season.
MENTIONED IN THIS ARTICLE
New York
Congress
Jacksonville
Virginia Paper Co
Florida
Atlantic Coast Line Railroad
Gastonia
N. C
American
Efirt Mills
Also Mentioned on This Page
Southern Business
EAL
Woodruff
S. C
Jeffrey
Ray Miller
Paper Warehouse
Jacksonville, Fla
IBM
duPont
Union Carbide
Florida Power
American Home
Upjohn, Wicks
Schering
Dow
Kodak
Renee Oach
N. Y
Boston
Philadelphia
Baltimore
Mr. Shulsky
Sam Shulsky
Kready
Saunders Furniture CO
E. Washington Ph
Kelvinator
Beebe
S. Main St
Piedmont
West Washington
Business Mirror
Sam Dawson
AP Business News
Treasury
Professional Life Insurance Service
George P. Clark
C.L.A
NEW England Life
Mutual Life Insurance
America
N. Main St
Davis
Patrol & Watchman Service
Jack S. Davis
Rcious
ACC
Member
Federal Deposit Insurance Corporation
Archdale
Randleman