Ohio Direct Loan Plan Aids Industrial Expansion
Ohio opens a direct industrial loan program through the Ohio Development Financing Commission to assist existing firms in expansion and R&D. Gilford Instrument Laboratories in Oberlin received a 576,900 loan for a 40,000 square foot expansion and 175 new jobs, with 30 percent state financing at 2 percent for 12 years. The program, funded by a $5 million appropriation, aims to spur capital for mid-sized industries, complementing the state’s tax-free development bonds and raising concerns about a patrol investigation into prior loan guarantees.
MENTIONED IN THIS ARTICLE
Columbus
UPI
James A. Rhodes
Ohio Development Financing Commission
Ohio
Ohio State University
Wilford L’esperance
ODFC
Gilford Instrument Laboratories, Inc
Oberlin
Myrl Shoemaker
Dbourneville
General Assembly
Progam
Ohio Highway Patrol
Ohio Department of Economic and Community Development
James A. Duerk
J.F. Devoll
State Controlling Board
John Cole
Pennsylvania Industrial Development Authority
PIDA
West Virginia Industrial Loan Program
Charleston
W. Va
Pennsylvania
Cole
State Office
Development Department
OSU
L’esperance
Ohio Commercial Bank
U.S
Bicyclist, pole collision and gas leak reported in Norwalk area
A cyclist was not seriously hurt after a car struck him near Rogers Drive-In at 296 West Main Street. Marcia Heckelman backed into him from a lot exit, while Bryan Myers suffered a bruised ankle. A telephone pole on West League Street broke after a separate high speed collision, with Richard Zinninger cited for failure to control. Ohio estate tax filings list values for Lawrence Schafer and Gladys Wolfe. Norwalk firefighters responded to a propane leak at 52 Wooster Street, shutting off the tank at 5:28 p.m.
MENTIONED IN THIS ARTICLE
Roger
West League
Richard A. Zinninger
Monroeville
Reed Street
Zinninger
Ohio
Huron County
Lawrence Schafer
New London
Gladys Wolfe
Norwalk
Wooster St
Paul Wechter
Edison Insists No Slack Time In Plant Construction
At state hearings in Huron Ohio Edison manager Robert Staib defended the Erie Nuclear Plant schedule for Units I and II. He said construction spans from 1979 to 1985 for Unit I and 1979 to 1987 for Unit II, with no slack time, and that the plan aligns with national averages. The schedule relies on NRC permits and an operating license by 1985 for Unit I and 1987 for Unit II.
MENTIONED IN THIS ARTICLE
Edison
Huron
Ohio Edison
Erie
Robert B. Staib
Staib
Ohio Power Siting Commission
OPSC
Erie Unit
USS
Nuclear Regulatory Commission
Death of Lawrence Arndt in Vermilion Under Mystery
Lawrence G. Arndt 65 of Nova died suddenly Wednesday at a Vermilion trailer park. Lorain County Coroner William Kishman and Vermilion police investigate. Arndt was transported to Lorain County Community Hospital and pronounced dead on arrival after neighbors said he was washing his trailer when stricken. The coroner’s office was not reachable until after 2 30 p.m.
MENTIONED IN THIS ARTICLE
Vermilon
Lawrence G. Arndt
Nova
Lorain County
William Kishman
Vermilion Police
Arndt
Dr. Kishman
Embezzler of Baku Institute faces 11 years labor camp
Rakhid Guseinov ex-director of the Baku Institute of Arts was convicted in Azerbaijan of extortion and embezzling state funds. The case spanned 60 volumes with 120 witnesses. He allegedly hired fictitious staff and inflated salaries to skim money, living in a seaside villa with multiple pools while 17 people were implicated. The court stripped his medals and titles.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Soviet Union
Rakhid Guseinov
Guseinov
Baku Institute of Arts
Nakinsky Rabochyi
Also Mentioned on This Page
Dick Kimmins
Myers
Probate
Pittsburgh Rivers
Pittsburgh
Sandusky
Drive-In Theatre
Cleveland Rd
Monroe St
Bond
Wakeman
William R. Hartman
Police Department
Cpl
Rick Werner
Collins
Werner
Bobbie
Celrconwaln D
ESLIC
Evan
Hin
IHE Home Savings & Loan Company
Main ST
Perkins Ave
Front ST
Milan
Park Ave
Marthru Fry
Morima
toSpm
Sar
Starview Drive
West Norwalk
Bart A
Warren Beatty
Goldie Hawn
Russia
Charles M. Madigan
Sun
Sandusky Mall
OPT
Milan Rd
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