Ohio Edison to spend 500 million on clean air upgrades
Ohio Edison Co. agreed to invest 500 million dollars in pollution controls at 10 Ohio plants and pay 1.5 million in civil penalties for past Clean Air Act violations. The Sammis plant will receive 400 million in equipment, cutting emissions 25 percent below required levels and reducing total particulate output by about 125000 tons per year. The deal, approved by Judge Kinney, awaits public comment before final court approval.
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Columbus
Ohio Edison Co
Ohio
Joseph Kinneary
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Federal Environmental Protection Agency
Justice Department
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Stratton
Sammis
Ohio Edison
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Chicago
United States
New
Manchester
W.va
Ohio River
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Lorain
Akron
Niles
Toronto
Norwalk
Springfield
Armco posts 1980 record profits despite steel slump
Armco reported 1980 earnings of 265.3 million dollars or 4.73 per share on 5.678 billion in sales, aided by a large oilfield equipment energy division that accounted for about 45 percent of operating profits. The firm plans about 400 million in capital spending largely into energy ventures as other divisions faced losses.
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Middletown
Ohio
UPI
Armco
Harry Holiday
Holiday
Opening stocks rise on hostage crisis settlement in Iran
New York stock market opened higher with the Dow up 0.18 to 971.16 as investors welcomed news of a hostage release deal. The NYSE saw 1,049 issues trading with 2.1 million shares changing hands while advances led declines 371 to 316.
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New York
UPI
New York Stock Exchange
Wall Street
Iran
Dow Jones
NYSE
Ronald Reagan
United States
White House
Market Report Shows Steady Wholesale Dairy Prices
The Chicago based Midwest dairy price report notes wholesale buying prices remained unchanged. Large firm shipments and smaller lots show mixed movements with figures for Chase Warge and mestrun breaking stink among the listed items.
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Chicago
Midwest
Clann
Precious Metal and Grain Prices From Local Market Notes
Raw price listings show zinc silver tin and copper values per pound and per troy ounce, alongside platinum and mercury figures. Farm Bureau reports highlight yesterday’s closing grain prices for wheat corn oats soybeans and assorted regional No 2 and No 1 grades in Northeast and Northwest Ohio markets.
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UEAD
Aunty & Harman
Hunty & Herman
Imity Daily
Gue
Mercury
Skbm-Boe
Lorain County Farm Bureau Cooperative Grain
Snow Belt real estate draws growing investor interest
Investors shift focus from Sun Belt to Frost Belt cities like Chicago Detroit Philadelphia and Boston as higher rents and cheaper property compete with aging infrastructure and taxes. Experts say modernization transit and safety upgrades could unlock office retail and condo opportunities in central cities.
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Phoenix
Sun Belt
Midwest
Jay Strauss
B.B. Cohen & Co
Renaissance Center
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Manhattan
Strauss
Samuel Zeil
Chicago
Minneapolis
Des Moines
Pittsburgh
Columbus
Ohio
Zell
Frost Belt
Institutional
Snow Belt
Elyria Firm Appointed Warehouse Distributor
Elyria Clutch & Gear Inc at 41524 Griswold Road appointed as warehouse distributor for Prestolite Spark Plugs. Prestolite Electronics Division of Eltra Corp based in Toledo confirms the appointment.
MENTIONED IN THIS ARTICLE
Elyria Clutch & Gear, Inc
Griswold Road
Prestolite
Prestolite Electronics Division
Eltra Corp
Toledo
Goodyear denies renewed British blimp joint venture talks
Goodyear says there have been no recent contacts with Airship Industries Ltd., the British firm that five months ago proposed a joint venture to produce airships. Goodyear seeks U.S. funding for a heavy-lift or offshore-surveillance prototype but has not received approval. If future production occurs, Goodyear will handle it independently.
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AKRON
Goodyear Aerospace Corp
Airship Industries Ltd
Goodyear
Airship Industries
Isle of Man
England
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