Ex-Kelly Springfield plant group seeks state aid for revival plan
A former Kelly-Springfield Tire Co. group called Project IMPACT asks Maryland authorities and Allegany County to fund a consulting study to map a reopening strategy for the Cumberland plant and to implement an employee stock ownership plan. The effort follows the plant’s 1987 closure and aims to reemploy idled workers.
MENTIONED IN THIS ARTICLE
Cumberland, Md
Kelly-Springsfield Tire Co
Project Impact
Kelly-Springfield
Allegany County
Bethesda
Mark Wasserman
William Donald Schaefer
Washington County sees surge in new construction heading west
Washington County Maryland records show $36.3 million in new construction in the first half of the year, up from $22.2 million a year ago as 1,464 permits were issued, reflecting westward growth toward Hagerstown. Commissioner Ronald L. Bowers cites rising Frederick County land prices and a diminishing barrier between regions.
MENTIONED IN THIS ARTICLE
Hagerstown
Washington County
Washington
Frederick County
Ronald L. Bowers
Bowers
Fraud rise in financial planning draws state regulators
A 30-state survey shows fraud and abuse in the growing financial planning industry rising, with 22,100 investors losing 397 million dollars in 79 cases from mid-1986 to mid-1988, up from 91 million in 31 cases in 1983-85. The findings prompt calls for tighter federal oversight as regulators warn of big-ticket losses and urge stricter adviser recordkeeping.
MENTIONED IN THIS ARTICLE
Washington
North American Securities Administrators Association
Association
James C. Meyer
Tennessee
Securities Ieee
The
Associaton
Meyer
Senate Banking Committee
Securities and Exchange Commission
SEC
FCNB Reports Quarterly and Half-Year Earnings
FCNB Corp. reported second quarter 1988 earnings of 763,000 dollars or 0.41 per common share and six months ended June 30, 1988 earnings of 1,605,000 dollars or 0.86 per share, versus 619,000 dollars or 0.38 per share in Q2 1987 and 1,372,000 dollars or 0.85 per share for the first six months ended June 30, 1987.
MENTIONED IN THIS ARTICLE
York, Pa
Prnewswire
York International Corp
NYSE
YRK
Antitrust Division
Department of Justice
York
Snyder General Corp
Fark
SnyderGeneral
Hart-Scott- Rodino
It of
Fcnb Corp
Futures trading data on Board of Trade
Board of Trade futures data shows Wheat, Oats, and Soybeans active with multiple contract months. Prices, sales, open interest, and price changes listed for Sep Dec Mar May futures plus Aug Sep Nov positions, with Friday sales totaling 51,561 and opening 127,280 amid varied gains and declines.
MENTIONED IN THIS ARTICLE
Board of Trade
Zell
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Wall Street
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York Int’l
Washington County Construction
International Financial Planning Associaton
Atlanta
Financial
Charles Finn
Hartford
National Association of Securities Dealers
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FCNB
Busness Services
Amber Construction Co. , Inc
Frederick, Maryland
Pri
Baker, Watts & Co
Maman
CHEVY
Frederick
Patrick Suvet
Mfamoy Bund
Limos Unlimited, Inc
Ouroide
Butler
America
Cbutler
Annville
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