Lehigh Portland plans $180 million Union Bridge expansion
Lehigh Portland Cement Co plans a 180 million dollar modernization at its Union Bridge plant to raise capacity from 100 to 150 million tons per year. The project aims for 1999 operation, adds new tech to reduce dust, and is not seeking regulatory relief or local tax gains.
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Lehigh Portland
Union Bridge
Union Bridge - Lehigh Portland Cement Co
Lehigh
David Roush
Roush
Lehigh Board of Directors
Maryland Department of the Environment
Lehigh Board
Union
Carroll County
Perry Jones
Jones
Mr. Jones
Maryland Midland Railway
Tidewater Cement
Dan Burns
Glendening orders officials to justify tougher state rules
Maryland Governor Parris Glendening signs an executive order to curb bureaucratic overreach by requiring agencies to justify regulations stricter than federal rules. He plans swift reforms across state government, with task force reports guiding proposed legislation. Critics question impact on business and environment, while chambers welcome the move.
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Annapolis
Parris Glendening
Glendening
Thomas Grasso
Maryland
Chesapeake Bay Foundation
Grasso
Ronald Nelson
Maryland Chamber of Commerce
Chamber
Inflation slows as 1995 price rise near decade low
The Labor Department reports 1995 consumer prices rose 2.5 percent, the smallest gain since 1986, with December up 0.2 percent. Manufacturing activity waned, the PMI index fell to 44.2, and unemployment trends point to a gradual rise while the Fed signals possible rate cuts to spur growth.
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Washington
Federal Reserve
Fed
Robert Dederick
Northern Trust Co
Chicago
Labor Department
iThe
National Association of Purchasing Managers
Oes
Clinton
Alan Greenspan
Chalasali
Tps
Treasury
National Association of Purchasing Management
NAPM
Micron
LSI Logic
Bear Stearns
Intel
GS Communications buys Time Warner W Va service
GS Communications Inc completed negotiations to buy the Time Warner Cable assets and Martinsburg W V franchise serving Berkeley County. The Martinsburg office stays open and 7,500 former Time Warner subscribers will see no immediate rate change. The combined firms exceed 96,000 customers with plans for a system upgrade and 20 new channels.
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GS Communications
Time Warner
W.va
GS Communications Inc
Time Warner Cable
Martinsburg
Berkeley County
W. Va
C/R TV Cable Inc
Rawson
Jefferson County
C/R TV Cable
Great Southern Printing and Manufacturing Co
Frederick News-Post
Frederick Cablevision
United Telesystems Inc
Fulton and
Franklin Counties
Pennsylvania
Jefferson
Berkeley
Robert W. Cole
Raystay Co
Merger Costs Hit Baltimore Gas and Electric and Potomac Electric
A federal filing shows Baltimore Gas and Electric Co and Potomac Electric Power Co expect to spend 86 million on their planned merger. Transition costs cover employee severance retraining system integration and facilities consolidation. It excludes a new Annapolis area headquarters for Constellation Energy Corp and over 30 million in legal and consulting fees.
MENTIONED IN THIS ARTICLE
Baltimore
Baltimore Gas and Electric Co
Potomac Electric Power Co
Annapolis-area
Constellation Energy Corp
Avemco Reports Q4 1995 Earnings Drop to 27 Cents Per Share
Avemco Corp reports net earnings of 2.4 million dollars in Q4 1995, or 27 cents per share, down from 2.6 million and 29 cents in the prior year. The decline reflects large aviation and pleasure marine claims driving the loss.
MENTIONED IN THIS ARTICLE
Avemco Corp
Dow tops 5400 as tech stocks lift market to new highs
The Dow closes above 5400 for the first time, rising 9.76 to 5405.06 amid broad gains led by technology shares. The Nasdaq nears 1069 while the S&P 500 gains 2.38 to 638.40 and the AMEX index adds 1.58 to 555.68.
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New York
New York Stock Exchange
NYSE
Standard & Poor
Treasury
Rao Chalasani
Everen Securities
Chicago
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