Local manufacturers slow to back DISC export plan
High Point area firms show little enthusiasm for the Domestic International Sales Corp program. Only about six of 80 firms responded to a chamber questionnaire. four indicated interest. Chamber head Karl Ockershauser stresses long term impact and offers guidance on shipping financing and marketing to small exporters.
MENTIONED IN THIS ARTICLE
United States
High Point Area
High Point Chamber of Commerce
Atte
Karl F. Ockershauser
Chamber
Committee On International Trade
Domestic International Sales Corp
DISC
Chamber of Commerce
Ockershauser
Small firms urged to use export DISC program for tax deferral
The U S Department of Commerce promotes a DISC mechanism to spur exports by small firms. Earnings kept within the DISC are deferrable, with only half taxed if not distributed. Four firms Aerochem Zephyr Marine Hatteras Yacht National Springs show interest but have not committed. Commerce office in Greensboro offers data and aid.
MENTIONED IN THIS ARTICLE
Tost
U. S. Department of Commerce
Ockershauser
U. S
Ockeshauser
Aerochem Corporation
Zephyr Marine, Inc
Hatteras Yacht and
National Springs
DISC
U. S. Dept. of Commerce
Greensboro
Pin
NCNB to Offer Car Leasing Plan for Individuals and Firms
North Carolina National Bank introduces a car leasing plan described as a logical extension of its auto financing. Open-end options allow end-of-term purchase or bank sale. Leases range 24 to 36 months with custom terms, targeting business use and small fleets up to 20 vehicles.
MENTIONED IN THIS ARTICLE
North Carolina National Bank
NCNB
W. C. Owens Jr
Greensboro
Owens
Photographers form new commercial venture Olson Photography
International award winning photographer John C. Russell and banker turned photographer J E Nicholson establish Olson Photography in town. Russell comes from Alderman Studios in High Point with prior Cage Studios Richmond experience. Nicholson, NC State graduate and ex NCNB Mortgage Corp. employee, previously ran Nicholson Photography.
MENTIONED IN THIS ARTICLE
Olson Photogray
John C. Russell
J. E
Nick’’ Nicholson
Russell
Alderman__ Studios
High Point
Alderman
Cage Studios
Richmond
Nicholson
Raleigh
N. C. State University
Ncnb Mortgage Corp
Winston-Salem
Cameron- Brown Company
Fayette
New Officers Elected in Piedmont NC CPA Chapter
Christopher J. Moran of A. M. Pullen & Co. Greensboro is president Austin C. Strand of Strand Skees Jones & Co. Greensboro is vice president and president elect Harold V. McGee of Seidman Seidman High Point is secretary Michael K. Hayes of E. H. Cannon & Co. Winston-Salem is treasurer Hickory Furniture Co. directors approve a 1.5 million expansion of Hickory Manufacturing Co. subsidiary in Hickory to boost output 40 to 50 percent with completion in Spring 1973 J H Johnson president states plants are at capacity
MENTIONED IN THIS ARTICLE
Christopher J. Moran
A. M. Pullen & Co
Greensboro
Austin C. Strand
Strand, Skees, Jones & Co
Harold V. McGee
Seidman & Seidman
High Point
Michael K. Hayes
E. H. Cannon & Co
Winston-Salem
Hickory Furniture Co
Hickory Manufacturing Co
Hickory
J. H. Johnson
Coburn Joins CP&L as Quality Control Specialist
Floyd Ray Coburn has joined Carolina Power and Light at the Brunswick County plant under construction near Southport. A Robersonville native, he completed high school there and studied further in the Navy. He is married to Lois Poole of High Point.
MENTIONED IN THIS ARTICLE
Floyd Ray Coburn
Carolina Power & Light Co
Brunswick County
Southport
Robersonville
Coburn
Lois Poole
High Point
Clarence C Schultheiss Retires From Thomas Car Works
Clarence C Schultheiss retires after 53 years with Thomas Car Works. He joined in 1919 after World War I service and became plant superintendent in 1958. He was lauded for developing materials and establishing assembly methods for plants in Canada and South America.
MENTIONED IN THIS ARTICLE
Clarence C. Schultheiss
Thomas Car Works
Schultheiss
Canada
South America
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