Berry Plastics Announces $11 Million Evansville Expansion
Berry Plastics of Indiana announced an $11 million expansion plan for its Evansville plant, adding 200000 square feet to the existing 550000 square-foot facility and creating 85 new jobs. The plant produces plastic cups for convenience stores and fast food chains including McDonald’s and Hardee’s, with another facility at 2330 Packer Road in Lawrence.
MENTIONED IN THIS ARTICLE
Berry Plastics
Evansville
Ind
McDonald's
Hardee's
Lawrence
Packerware Plastics
Packer Road
Mortgage rates fall to five month low in weekly Freddie Mac survey
Mortgage rates declined this week with 30-year fixed rates at 5.77 percent for the week ending Sept 2, down from 5.82 percent, the lowest since 5.52 percent on April 1. The 15-year fixed rate slipped to 5.15 percent, down from 5.21 percent.
MENTIONED IN THIS ARTICLE
Freddie Mac
Del Monte profits drop amid Heinz integration costs
Del Monte Foods Co. posted a 41 percent fall in its latest quarter profit due to Heinz brand integration costs, higher commodities, and increased marketing. Net income was $8.5 million, or 4 cents a share, versus $14.3 million, or 7 cents, a year earlier. The firm acquired Heinz units in late 2002, including the Lawrence plant for Kibbles n Bits.
MENTIONED IN THIS ARTICLE
del Monte Foods Co
H.J. Heinz Co
Kibbles ‘N Bits Pet Food
del Monte
Heinz
Lawrence
Payless Loses Chief as Slump Triggers Layoffs
Payless ShoeSource began layoffs at its Topeka headquarters after a weak August showing and a resignation by President Duane Cantrell, while same store sales fell 6.9 percent over four weeks. Interim president Steven Douglass will lead pending further cuts. About 100 Topeka workers were laid off, with roughly 200 positions anticipated companywide to be cut or left unfilled. The restructuring aims to save about 12 million dollars annually.
MENTIONED IN THIS ARTICLE
Payless Shoe- Source Inc
Topeka
Duane Cantrell
Cantrell
United States
Steven Douglass
Payless
Retailers blame high gas and food prices for sluggish sales
Retailers from Wal-Mart to Nordstrom report weaker back to school sales in August as higher gasoline and grocery costs curb spending. Labor Day timing and tax credits aided some totals, but overall sales lag forecasts amid consumer confidence drop.
MENTIONED IN THIS ARTICLE
New York
Wal-Mart
Limited Brands
Talbots Inc
Costco Wholesale Corp
Ken Perkins
RetailMetrics LLC
Conference Board
Wall Street
Costco
Talbots
Nordstrom Inc
Developers propose affordable housing in East Lawrence plan
Lawrence architects Allen Belot and Tim Keller seek planning approval for a 6 acre East Lawrence subdivision named Parnell Park Affordable Single-Family Homes. The plan aims to add 35 three bed, two bath homes priced at 150000 with smaller 4000 to 6000 square foot lots to ease the citys housing shortage. Planning officials will hear Sept. 22 while critics question impact on affordability and market dynamics.
MENTIONED IN THIS ARTICLE
East Lawrence
Lawrence
Allen Belot
Lawrence Real Estate
Tim Keller
Belot
Lawrence-Douglas County
Ed Tate
Housing Trust Fund
Delays Rise at Chicago O’Hare Among Major Airports
U S Transportation data show January to July on time arrivals dropped to 77.6 percent from 82.35, worse than last year. Chicago O’Hare led the 31 airports with 65 percent delayed, prompting FAA and airlines to limit 37 peak hours of arrivals at O’Hare starting November 1 to ease congestion and cut delays.
MENTIONED IN THIS ARTICLE
Washington
Transportation Department
Federal Aviation Administration
Chicago
O’hare International
FAA
Air
O'Hare
O’hare
Also Mentioned on This Page
Indiana
Richard Gwin
Journal-World Photo
Hannah Poole
Amanda Schlitzer
American Eagle
Plymouth Meeting
American Eagle Outfitters Inc
Clawhorn
Ljworld.com
Voxce
Paa Rene
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