Adirondack Rail Rehab Deadline Set By DOT
A Utica group must submit a final plan by October 1 to rehabilitate the 120 mile Adirondack Railway from Remsen to Lake Placid. DOT Commissioner William Hennessy warns no further state funds will be invested, despite other railroads showing interest in salvaging the line and related rail yards. Adirondack Rails cites financing from feasibility studies and hopes to operate by July 1 using modern equipment. The project enjoys local chamber support but faces opposition over state funding and long-term viability.
MENTIONED IN THIS ARTICLE
Adirondack Railway
State Department of Transportation
William Hennessy
Penn Central Railroad
Hennessy
Ronald Goldstone
Utica
Adirondack Rails
Goldstone
Remsen
Lake Placid
Delaware & Hudson
Boston & Maine
Mechanicville
Albany
B&m
New Yards
Guilford Transportation Industries
Guilford
Pittsburgh
Richard Mellon
D&h
BEM
Saranac Lake
Saranac — Lake Placid
New York Central
Rochester
Old Forge
DOT
Adirondack Rail
State Dot
Thendara
Farmers Home Administration
Chambers of Commerce
Adirondack
Chamber of Commerce
Small firms vary after win in Congress and face new hurdles
Milton Stewart of Inc. magazine explains that while Congress passed the Small Business Development Act after battling bureaucrats, lobbyists, and committee staffs, small firms now worry the same power networks will block implementation. He notes past barriers kept many small businesses from winning government R&D contracts amid big-business and university influence.
MENTIONED IN THIS ARTICLE
Congress
Milton Stewart
Defense Establishment
Stewart
Inc. Magazine
National Association of
National Small Business Association
Inc
Small Business Administration
Washington
United States
Lloyd's braces for asbestos claims drain and costs
Lloyd's of London readies reserves for a potential flood of asbestos related damage awards. Officials warn liability could run into hundreds of millions or more as claims arise, with Manville Corp.’s bankruptcy plan adding complexity and costs.
MENTIONED IN THIS ARTICLE
London
Lloyd’s of London
Lloyd's Said
Richard Ballantyne
Lloyd's Non-Marine Underwriters’ Association
Lloyd’s
David Larner
Lloyd's
Manville Corp
Larner
Miller Brewing unveils extensive Fulton plant improvements
Miller Brewing Co plans phase two site improvements at the Fulton plant including new signage at entrances, a safer Rt 57 driveway, an additional parking lot, a new Owens Road entrance to Gate D, six foot shoulders, erosion control, drainage upgrades, and landscaping with trees shrubs and a pond to improve traffic flow and appearance. The work, backed by resident manager Gerrald E. Church, aims to boost operations and community image. Miller operates under Philip Morris Inc and markets Miller High Life among others.
MENTIONED IN THIS ARTICLE
Miller Brewing Co
Fulton
Gerrald E. Church
Church
Rt. 57
Miller Reclamation Center
Owens Road
Brewery
Public Works
Oswego County
Volney
Miller
Philip Morris Inc
Miller High Life
Housing crisis blunts potential 1980s housing boom
Experts say high mortgage rates keep buyers out despite pent up demand. NAHB and NAR officials warn a sales surge is unlikely, with 14 percent rates still excluding most Americans. Shifts in household formation and regional migration further complicate prospects, as mobility and location patterns reshape demand across the 1980s.
MENTIONED IN THIS ARTICLE
Marsha Taylor
Newhouse
Washington
Frank Katusak
National Association of Realtors
Robert J. Sheehan
The
National Association of Home Builders
Sheehan
Carliner
Census Bureau
Thomas J. Parliment
U.S. League of Savings Associations
Parliment
United States
Parchment
Boston
Phoenix
Maximizer Account Offers Weekly Interest Changes
Marine Midland Bank unveils a new Maximizer account with weekly rate changes every Tuesday. Requires a $20,000 minimum, offers daily compounding, telephone transfers to a free NOW account, and other competitive options. Maximum investment is $190,000, with FDIC insurance and automatic rollover at maturity.
MENTIONED IN THIS ARTICLE
Joseph A. Porcello
Marine Midland Bank
Robert E. Wehrle
Marine Midland
Ings
Fdic Insurance
Wehrle
Marine
MasterCard
Visa
Also Mentioned on This Page
Syracyu BE Herald-Journal
St. Lawrence
Lewis
Herkimer
Hamilton
Tupper Lake
Essex
John Cunniff
Miller Brew
Ing Co
U.S
Michael S. Carliner
Chase Econome
Trics Housing Research
Regional Data Associates Service
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