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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Feb 02, 1996

Page

8

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.

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.

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.

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.

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.

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.

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.

New York New York Stock Exchange NYSE Standard & Poor Treasury Rao Chalasani Everen Securities Chicago

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