InnoTech presses toward tax abatement goals in Elyria
InnoTech Industries Inc led by Jesse Downhour and John Peshek continues to meet equipment commitments under its six year tax abatement, recently adding a 750 ton hydraulic press and planning another, while employment and payroll targets lag. City official Don Kiner notes the deal remains in force despite staffing gaps, with review slated for December or January and the firm citing growth and local economic impact as justification.
MENTIONED IN THIS ARTICLE
Elyria
Jesse Downhour
InnoTech Industries Inc
Downhounr
Olive and
Taylor Streets
Downhour
John Peshek
Don Kiner
Tion
Kiner
InnoTech
Jon Kiner
Nippon Goshei to plead guilty in sorbate price fixing case
Nippon Goshei will plead guilty and pay 21 million dollars in criminal fines for participating in a seven year international conspiracy to fix sorbate prices. A former Nippon Goshei executive also pleads guilty and owes 450 thousand dollars, as the Justice Department continues its antitrust investigation that impacted nearly one billion dollars in U.S. sales.
MENTIONED IN THIS ARTICLE
Washington
Nippon Goshei
Justice Department
Department
Antitrust
United States
Creston Livestock Auction Prices and Consignments
Creston Livestock Auction reports 87 hogs and 428 cattle consigned with varied prices. Hog classes range 33.10 to 36.00 per hundredweight. sows 18.25 to 23.50. boars 6.50. roasters 40.00 and up. Cattle include steers, heifers, fats, bulls, veal calves, and sheep with multiple price points and labels such as Holstein and Angus.
MENTIONED IN THIS ARTICLE
Creston
C.C
Syongar
Bologna
Siandy
Stamp sales via Internet tested by Postal Service
The Postal Service tests PC Postage allowing customers to buy stamps online and print them on envelopes and labels. In California and DC areas, 1200 users have spent over 75000 dollars to mail 46000 pieces, with security against hacking and counterfeiting a key focus.
MENTIONED IN THIS ARTICLE
Los Angeles
Postal Service
PC Postage
J. Wingate Greathouse
San Francisco
California
Washington, D.C
Patricia Gibert
Gibert
Technology stocks lift Nasdaq to new record
Technology shares drove the Nasdaq composite to a fresh close high as a tame inflation report and Intel’s strong second quarter fueled optimism for computers and the Internet. Blue chips lagged amid profit taking and overseas jitters.
MENTIONED IN THIS ARTICLE
New York
Intel
Wall Street
Ford posts record quarter with 4.2 percent profit rise
Ford Motor Co reported a 4.2 percent rise in second quarter operating profit to 2.48 billion dollars and revenue of 42.28 billion. North America earnings reached a quarterly high of 1.97 billion dollars, while U.S. auto sales helped set an industry half-year record of 8.5 million units. Chief executive Jac Nasser cited strong U.S. economic factors as support for full-year sales above 16.3 million.
MENTIONED IN THIS ARTICLE
Intel
Dearborn
Mich
Ford Motor Co
Ford
New York Stock Exchange
Michigan
North America
United States
U.S
Jac Nasser
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Lara Croft
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Core Design Ltd
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George Hamer
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Lara
Consumer Product Safety Commission
Bush Industries
Creston Livestock
E.stamp.com
Standard & Poor
Fidelity Investments
Amazon.com
Apple Computer
Microsoft
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Dunvegan Associates
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Alan Ackerman
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Asia
Lee Teng-hui
China
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First Call Corp