Former tire plant revival plan proposed for Cumberland
A Cumberland Tire & Rubber group led by ex Kelly Springfield president proposes reviving the Allegany County plant to hire about 400 workers. The county, owner of the idled facility since 1987, weighs the plan with caution after a Colorado man’s $25,000 option deal and related theft and securities fraud charges. The proposal envisions bias ply truck tires, 100 workers at opening, 440 by year five, $8.85 hourly wage plus benefits, and $18 million startup and working capital funded by financial institutions.
MENTIONED IN THIS ARTICLE
Cumberland (A
Kelly-Springfield
Allegany County
Cumberland
Cumberland Tire & Rubber
Colorado
Adrienne Ottaviani
Devlin
Ms. Ottaviani
al Shafer
Lower Gwynedd
Shafer
Fuller Corporate Realty Partners
Forstmann Finalist in Inc Magazine Entrepreneur Program
John F. Forstmann president and founder of J F Forstmann Co Inc in Frederick has been named one of three Maryland finalists for the Inc Magazine 1992 Entrepreneur of the Year. He was nominated by James Merkel of Merrill Lynch. Merrill Lynch and Ernst Young sponsor the program. Forstmann, a 25 year real estate developer, has built West ridge Square Shopping Center Westridge Corporate Campus WestWinds Country Club and WestWinds Residential Community in Frederick.
MENTIONED IN THIS ARTICLE
John F. Forstmann
J.F. Forstmann Co Inc
Frederick
Maryland
Inc. Magazine
Mr. Forstmann
James Merkel
Merrill Lynch
Merrill Lynch and
Ernst & Young
Forstmann
Westridge Square
Westridge
WestWinds Country Club
WestWinds
Frederick BPW Club Members Attend State Convention
Members of the Frederick Business and Professional Women's Club attended the state convention in Ocean City. The photo lists Linda Wilson as chair andState Young Careerist Program holder J. Lynn Summer, with Faye Glover as local club president 1992 1999, Saundra Pierce, Bette Bennett, Carol Staggs, Katz Daugherty, and Patricia Maloff. Absent were Alice Houck and Lucille Ponton, former state presidents. The club earned awards for Membership Equalization, Newsletter Publication, Public Relations, Young Careerist Program 1991 1992, and BPW Women's Foundation contributions.
MENTIONED IN THIS ARTICLE
Frederick
BPW Women’s Foundation
Frederick Computers Plus Health Event For Employees
Judith Williams of the Frederick Massage Center gave Stalnaker a stress relief massage at Industry Lane as Frederick Computers Plus held a day long health event for 123 staff. The program included blood pressure and hearing checks, health foods, and insurance representatives discussing safety. Kim Nathanson stressed the company values employees as its top asset.
MENTIONED IN THIS ARTICLE
Judith Williams
Frederick Massage Center
John Stalnaker
Frederick Computers Plus
Kim Nathanson
Chesapeake Consortium seeks federal grant for electric cars
Maryland researchers and industry partners including Chrysler Chrysler Westinghouse and Baltimore Gas and Electric formed the Chesapeake Consortium to develop a commercially viable electric car. The group applied for a 4 million federal grant and would add 1 million from Maryland to aid subcontractors in Linthicum transitioning from military to civilian contracts.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
Chrysler Corp
Westinghouse
Baltimore Gas & Electric
Chesapeake Consortium
U.S. Department of Transportation
Maryland Department of Economic and Employment Development
Electronic Systems Group
Linthicum
Joel Lee
DEED
Chrysler
Tokyo Nikkei falls amid economic uncertainty
Tokyo shares tumbled on Friday as heavy trading reflected jitters about Japan's economy. The Nikkei Stock Average declined 68 points to finish at 17,283.68, with the dollar easing against the yen.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Wheat and grain futures mixed in Chicago open trading
Chicago Board of Trade futures show modest gains for Wheat and Corn with Sep and Dec contracts trading near 3.60 to 3.75 per bushel while Soybeans hold around 6.40 to 6.60. Open interest rises. sales volumes listed for Thursday reach over 30 thousand contracts in grain pits. Westminster auction report adds midweek hay and livestock price levels across multiple states.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Woodsboro Market Cattle Prices Report
The Woodsboro sale notes steer and heifer prices across categories. Medium Good heifers and canners range near 4700 to 5225 per head with stock cattle and bulls showing varied bids and no bids for some classes. Heifers midrange around 5800 and 6350 while plain stock cattle list 6100 with broader price spreads.
MENTIONED IN THIS ARTICLE
Westminster
Frederick
Hagerstown
Woodsboro
Meeting of Frederick home-based business group
A newly formed association of home-based business owners will meet from 7 to 9 pm on Tuesday June 16 in the second floor community room of the C Burr Artz Library in Frederick. Guest speaker is Helen Bauer, president of Frederick Management Corp and ProNet the Frederick Professional Women's Network. For information call Harriet West at 874 2494.
MENTIONED IN THIS ARTICLE
C. Burr
Helen Bauer
Frederick Management Corp
ProNet
Frederick
Also Mentioned on This Page
John J. Devlin
Golden
Colo
Denver
Inc
John Forstmann
BU Udc
First General Mortgage Company
First Virginia Bark
Rockville
Marcy Priester
Rockville Pike
Oorhaye
Health Fair
Ed Waters Ir
California
Bg&e
Bg&e Wall
Public Service Commission
Kelly Coverman
Overman
Nikkei Down
Frederick County
Lusherman
Ausherman
Farm Market Reports
Ons
Westminster Livestock
Westminster Livestock Aucton
Woodsboro Livestock Sales
Eresh
Frederick Livestock Sales
Artery
A.P.R
Citizens Savings Bank
Wall Street Journal
Marland and
Virgina Prisan
Ponce George's County
Savings For Citizens Lsa Bank
Bethesda
Chevy Chase
Damascus
Flower
Prederk
Nin
Frederick BR
Garthersburg
Kensington
Otner
Potomac
Quince Orchard
W. Patr
Laver Spring
Wheaton-Glenmont
Oak
Para
Vnetoma
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