Elyria executives earn promotions across multiple firms
Michael J. Milchen of Elyria promoted to assistant manager at West Side EST branch. Gerry Teggart, Big Boy district manager, attended Marriott meeting in Washington. Frank P. Dean named VP of sales and marketing for Invacare International and will relocate to London. Charlen e Romans of Elyria wins Woman of Professional Excellence from Cleveland YWCA. ABF Freight opens 11 new terminals. Chuck Wright named Sandusky terminal manager. Donald D. Miller joins Franklin Life's Key Club. Dennis Fisher attends Mazda workshop. Arnold Tollet of Northwest Vending elected VP at Ohio AMA Columbus conference. James R. Forristal named NCB information systems officer. James M. Rea Sr. qualifies as John Hancock mutual funds registered rep. Edward P. Czubek Jr. promoted to Delta Portland marketing manager. John Ashby attends HearthStone training. Larry Berk, Radio Shack veteran, promoted to buyer at Tandy Corp. Chuck Sakryd named new business manager at Fairchild AMC Lakewood.
MENTIONED IN THIS ARTICLE
Frank P. Dean
Invacare International
Invacare Corporation
Elyria
Retail executives seek end to import quotas on goods
More than 20 top retail executives form a lobbying group to overturn quotas on imported clothing and textiles, arguing the system creates shortages of affordable apparel for low and middle income shoppers. William A. Andres, chair of the Retail Industry Trade Action Council, says the group has raised 750000 dollars to fund a permanent office to fight the quota regime.
MENTIONED IN THIS ARTICLE
Washington
Ers
William A. Andres
Retail Industry Trade Action Council
Industrial policy criticized in congressional report
A congressional staff study branded calls for a national industrial policy as trivial and misleading. It argued the U.S. economy is resilient and flexible enough to forgo a broad policy, urging instead sound monetary and fiscal management, freer trade, higher savings and investment, more basic research funding, and stronger education. The report says the economy can adapt and maintain leadership with this approach.
MENTIONED IN THIS ARTICLE
Washington
Joint Economic Committee
U.S
United States
Congress
Daniel Lungren
Rcalif
Restrictions May Be Eased to Allow Big Bank Mergers
Washington AP reports the Senate Banking Committee sent legislation to the Senate to ease some limits on big banks expanding via acquisitions across state lines while strengthening protections against non banking intrusions. The committee approved a bill to blur lines between banking and other businesses yet block some firms from crossing that boundary. The House Banking Committee earlier approved a narrower version focused on curbing non banking intrusions into banking. Both chambers now take up their respective bills.
MENTIONED IN THIS ARTICLE
Washington
Senate
Banking Committee
House Banking Committee
House
GenCorp posts modest profit gains amid competition and losses
Akron based GenCorp formerly General Tire and Rubber reports second quarter results with profits of 22.3 million or 1.04 a share for the quarter ending May 31, up from 22.2 million a year earlier. Six month profits reach 24 million. Tire unit earnings fall to 12.2 million while plastics and industrial products rise to 231 million. Frontier Airlines hub in Denver drives a second quarter loss of 4.7 million. Sales rise 9 percent to 594.5 million in the quarter and 84 percent higher six month profits versus last year.
MENTIONED IN THIS ARTICLE
Akron (Ap
GenCorp
General Tire & Rubber Co
Frontier Airlines
Denver
Also Mentioned on This Page
Elyria Savings and Trust
Michael J. Milchen
West Side
Milchen
EST
Bob’s Big Boy Restaurants
Gerry Teggart
Marriott Corporation
Washington D.C
Big Boy
Higbee Company
Charlene Romans
Cleveland Ywca
Romans
ABF Freight Systems, Inc
Chuck Wright
Sandusky
Huron
Franklin Life Insurance Company
Amherst
Donald D. Miller
Franklin's Key Club
Spitzer Motors
Dennis Fisher
Mazda
Mazda Grand Rapids
Mich
Ohio Automatic Merchandising Association
Arnold Tollett
Northwest Vending
Columbus
National City Bank
James R. Forristal
Fairview Park
James M. Rea SR
John Hancock Mutual Funds
John Hancock Distributors, Inc
Delta Air Lines
Edward P. Czubek JR
Portland
Ore
Delta
Czubek
Cleveland Area
John Ashby
The
Heat Excange Inc
Cook Road
North Ridgeville
Heat Exchange
Larry Berk
Radio Shack
Tandy Corporation
Berk
Fort Worth
Texas
Fairchild Amc
Lakewood
Elyrian
Chuck Sakryd
Elyria Associates
Tollett
Dean
Sakryd
Ashby
Avon
Cleveland Wheels and Brakes
Parker Hannifin Corp
General Aviation
Tentu An
NPE
Optiooa
Hotpo
Palana
M Demeran Bre
Cota Tae Tore
Sheereuo Lake
Broad ST
Tandy
Daisy Wheel
Phus
Sureenal Gore
Theronom Corp
Radio Shackomputer
Enroil
Midway Blvd
TANI
TY Corporation
Ohio
Prescott
Tarben
NEW York Stock Exchange Inc
Sheffield Center Lorain
Paul Mino
Cleveland, Ohio
Federal Wings
Akawood
Ridgeuike
Westlake
West Park
FSLIC
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