Hyundai to Build First U.S. Plant Near Montgomery Alabama
Hyundai Motor Co. will build a $1 billion plant near Montgomery Alabama, creating about 2,000 jobs and producing 300,000 cars annually starting in 2005. Governor Don Siegelman called it Alabama’s biggest economic development announcement, praising the decision as a sign of recovery.
MENTIONED IN THIS ARTICLE
Hyundai Motor Co
U.S
Montgomery
Ala
Kim Dong-jin
Alabama
Don Siegelman
Lone Star Steakhouse agrees to buyout for up to 547 million
Lone Star Steakhouse & Saloon Inc said it will be acquired by an unnamed buyout firm for as much as 547 million dollars. The firm offered 20.50 per share in a nonbinding letter of intent, a 3.6 percent premium to the 30 day average. Lone Star, based in Wichita, Kansas, closed at 20.02, down 64 cents on Nasdaq. The deal is expected to close before the letter expires April 27.
MENTIONED IN THIS ARTICLE
Lone Star Steakhouse & Saloon Inc
Lone Star
BNSF to cut 91 jobs in Topeka and 50 in West Burlington
Burlington Northern and Santa Fe Railroad says 91 layoffs will hit its locomotive shops in Topeka including 86 workers and five apprentices, with furlough Friday and five days pay plus four months medical coverage. Another 50 jobs will be cut at West Burlington shops. The firm will keep Topeka shops and not transfer work out, after earlier moving 100 car repair jobs to Lincoln, Nebraska.
MENTIONED IN THIS ARTICLE
Burlington Northern and Santa Fe Railway Co
Topeka
Burlington
Iowa
Steve Forsberg
BNSF
Forsberg
Lincoln
Neb
Gray Communications to buy 21 Benedek stations in cash deal
Gray Communications Systems Inc will acquire 21 midsize market TV stations from bankrupt Stations Holding Co in an all cash deal valued at 500 million plus cash for future Benedek asset sales. Benedek Broadcasting filed for Chapter 11 protection on March 22.
MENTIONED IN THIS ARTICLE
Gray Communications Systems Inc
Stations Holding Co. Inc
Stations Holding
Benedek Broadcasting Corp
Hoffman Estates
Ill
Benedek
Gray
WIBW
Topeka
KAKE
Wichita
Weak demand drags February factory orders lower
U S factory orders slipped 0.1 percent in February as weaker demand for computers and cars offset gains in appliances and machinery. This marked the first decline since November after a 1.1 percent rise in January, with computer orders down 4.6 percent in February after a 5.2 percent rise in January.
MENTIONED IN THIS ARTICLE
U.S
Commerce Department
Rural housing slows in Douglas County in 2001 report
A Douglas County zoning report shows 98 single family permits issued in unincorporated areas in 2001, down from 112 in 2000. Durflinger calls 33 percent of Lawrence’s rural housing a red flag due to 5 acre exemptions. Kearney argues growth pace is appropriate and needs limited regulation. Palmyra Township led with 33 permits. Lecompton Township had five.
MENTIONED IN THIS ARTICLE
Douglas County
Zoning and Codes Department
Ron Durflinger
Lawrence
Lawrence-Douglas County
Durflinger
Kearney
Palmyra Township
Baldwin
Lecompton
Imported beef gains hold in U S fast food market
McDonalds joins Burger King Wendy's and others in importing beef from Australia and New Zealand due to lean U S supply. Test in about 400 U S stores southeast. Lean imported beef costs 5 to 20 cents per pound less and avoids sourcing from aging U S cattle. National Cattlemen's Beef Assn opposes increased U S exports.
MENTIONED IN THIS ARTICLE
U.S
Washington
McDonald’s
Burger King
Wendy’s
Australia
New Zealand
McDonald’s Corp
Walt Riker
Southeast
US S
United States
New
Zealand
Steve Kay
Cattle Buyers Weekly
Wall Street
National Cattlemen’s Beef Assn
Congress
Bush Administration
Stocks fall as weak outlooks hit IBM and rivals
Market declines on weak company forecasts with IBM down to 101.01 after Goldman Sachs trimmed first quarter revenue. Microsoft and Intel also slide while Bristol-Myers forecasts a revenue slump. The Nasdaq falls 3.1 percent to a month low and the Dow ends at 10,313.71 down 0.5 percent after a third straight loss. Investors await first quarter results this month.
MENTIONED IN THIS ARTICLE
New York
IBM
Bristol-Myers
Best Buy
Wall Street
Dow
Goldman Sachs
Microsoft
Intel
Longtime Perry bank to be sold to First State Bank
Dan Galbraith of Bank of Perry plans sale to First State Bank and Trust of Tonganoxie pending regulatory approval. The Perry bank with about $30 million in assets will keep 11 employees, while First State adds locations in Tonganoxie and Lawrence and two in Lawrence. Needham expects FDIC and state review with closing targeted by July.
MENTIONED IN THIS ARTICLE
Tonganoxie
First State Bank and Trust of
Bank of Perry
First State Bank
Dan Galbraith
Galbraith
Bill New
Lawrence
Kent Needham
First State
Federal Deposit Insurance Corp
State Banking Department
Perry Bank
Needham
Basehor
Clearwater
Wichita
Grain and Livestock Markets and Metal Prices Report
Market quotes from Ottawa and Edgerton elevators show mixed grain bids with soybeans at 4.39 and corn around 1.79 1.81, wheat near 2.80, milo 1.74. St Joseph cattle prices steady to scarce, nonferrous metals test prices with aluminum 63.9 cents per lb and precious metals around $304 gold per oz.
MENTIONED IN THIS ARTICLE
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland Elevator
Lawrence North
Lawrence South
Pauline Elevator
USDA
New York
London Metal Exch
Handy & Harman
N.Y
Also Mentioned on This Page
Hyundai
Siegelman
Lone Star Steakhouse
Gray Communications
Clawhorn
Jworld.com
Jim Kearney
Coldwell Banker
McGrew Real Estate
Chad Lawhorn
Sioux City
Caroline Trowbridge
The
Tonganoxie Mirror
St. Joseph Livestock
St. Joseph, Mo
Midwest
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!