Credit Guarantee Program Aims to Modernize Small Factories
A joint government private industry plan backs financing for upgrading small factory equipment. The SBA backed program offers banks 93 percent loan guarantees, 8 percent interest for eight years, and a manufacturer guaranteed repurchase at 60 percent if default occurs, with SBA covering 75 percent of remaining balance.
MENTIONED IN THIS ARTICLE
U.S
Small Business Administration
SBA
Francis J. Trecker
Milwaukee Machine Tool Company
Kearney & Trecker
Eugene P. Foley
Ufacturer
Loca Bank
Trecker
Quarterly earnings and dividends from several firms
Continental Airlines reports a first quarter profit of 827000 dollars or 27 cents a share. Transamerica declares a regular quarterly dividend of 1.124 dollars on 44 percent convertible preferred stock. Anthony Pools shows 2395000 dollars in revenues for Q1 ending March 31 1964. American Potash and Chemical declares dividends of 0.30 dollars per share on common stock 1.00 on Series A preferred and 1.25 on Special Preferred.
MENTIONED IN THIS ARTICLE
Continental Airlines
Transamerica Corporation
Anthony Pools, Inc
American Potash & Chemical Corporation
Waterside plant to assemble VW cars for US market
Volkswagen plans a large waterside assembly plant at Emden to fit together parts from Wolfsburg Hanover Kassel and Brunswick into complete cars for export to the United States. The move comes as GM's Opel challenges Volkswagen in Germany and pushes exports to the US. The Emden plant will speed production by shipping fully assembled vehicles from West Germany more cheaply than US component assembly.
MENTIONED IN THIS ARTICLE
Grant Sawyer
Mark Swain
National Licensed Beverage Association
Oran Grayson
Stardust Hotel
Las Vegas
Bonn
General Motors
Volkswagen
United States
Emden
Wolfsburg
Hanover
Kassel
Brunswick
Opel AG
U. S
West Germany
Also Mentioned on This Page
Thunderbird Downs
Tor
Stetson
Melmac
Las Vegas Blvd
Fremont
Gentlem Mens Shop
3Rd & Ogden
Southern Nevada Mobile Home Dealers Association
Charleston Plaza
Donna Waller
Scott's Trailer Market
Las Vegas Sun Business
LAS Vegas Sun
Charleston
Decatur
Decatur Center
Wonder World
Shonni Ann
Coral
S&h