Builders seek loans and credits to halt housing slump
Area builders meeting Rep. Don J. Pease D Oberlin press for funds or tax credits to revive residential construction. Attendees Carmine Torio Lorain County HBA Dale Yost Dale Yost Construction Elyria and John Hobla Oak Point Amherst advocate a House bill offering a 5 percent tax credit on inventory home purchases up to 5000. Construction must have begun before the loan or credit applies.
MENTIONED IN THIS ARTICLE
Don J. Pease
D-Oberlin
National Association of Home Builders
Washington
Carmine Torio
Lorain County
HBA
Dale Yost
Dale Yost Construction
Elyria
John Hobla
Oak Point Construction
Amherst
National Association
Elyria Lorain builders push tax incentives for housing
Builders urge tax relief and incentives to spur home construction claiming offset of tax revenue losses. They cite limited local permits in Elyria and Lorain in 1981 and say new measures could add 600,000 housing units, create 860,000 man-years of work, and boost federal revenue by over 8 billion while aiding unemployment benefits by 3.6 billion.
MENTIONED IN THIS ARTICLE
Pease
Elyria
City of
Lorain
Torie
William Kilfoyle
Pioneer Federal Savings & Loan Association
Pontiac Js cars draw mixed reviews at Westlake Inn showing
Westlake media preview of 52000 Pontiac J cars drew mixed reaction. Some models ran well while one failure puzzled reporters. The white three door hatchback impressed onlookers, while the four door sedan offered a smoother ride.
MENTIONED IN THIS ARTICLE
Westlake
Pontiac
Westlake Holiday Inn
Broadway
Olmsted Falls man opens Cleveland Communications
Clifford E. Bade of Olmsted Falls opens Cleveland Communications Inc at 5110 Brookpark Road Cleveland a franchised distributor for Standard Communications land mobile and marine radio gear Bade plans to serve industrial and public agency customers in Cuyahoga Lorain Medina and western Lake counties He will service existing equipment sell new gear and is not involved in CB radio The products include two way and base radio systems antennas paging and interconnecting mobile telephone gear Bade a former policeman and Riveredge Township officer is a ham radio operator and Radio Clubs of America member.
MENTIONED IN THIS ARTICLE
Ross
Pontiac
Cleveland
Clifford E. Bade
Olmsted Falls
Cleveland Communications, Inc
Brookpark Road
Systems of Standard Communications, Inc
Bade
Cuyahoga
Lorain
Medina
Lake Counties
CCI
Riveredge Township
Lakewood
Rocky River
North Olmsted
Radio Clubs of America
Ridge Tool parent leader praised in Fortune CEO survey
Charles Knight of Emerson Electric Co. ranked third among top U.S. corporate chief executives in a Fortune Magazine survey of CEOs. Emerson Electric, parent of Ridge Tool Co. of Elyria and Harris-Calorific of Cleveland, was ranked fourth as a corporate identity.
MENTIONED IN THIS ARTICLE
Charles Knight
Emerson Electric Co
U.S
Fortune Magazine
Emerson Electric
Emerson
Ridge Tool Co
Elyria
Harris-Calorific
Cleveland
Area construction in March dips in greater Cleveland region
March contracts for future construction in Cuyahoga, Medina, Geauga and Lake counties show a sharp slowdown from 1980. Non residential work totaled 26.2 million, down 11 percent. residential 13.8 million, down 62 percent, yielding a composite minus 40 percent for the month. Year to date totals reflect declines of 49 percent in non residential and 36 percent in residential, for a overall 44 percent drop.
MENTIONED IN THIS ARTICLE
Greater
Cleveland
Cuyahoga, Medina, Geauga and
Lake Counties
GCGA to offer 81 Cleveland Experience program
The Greater Cleveland Growth Association will offer the 1981 Cleveland Experience in July and August for college graduates and summer interns through its Council for Community Improvement. The six sessions include a custom bus tour film background literature a Party in the Park an Indians game Goodtime II cruise University Circle museum tour Blossom Concert and Browns game.
MENTIONED IN THIS ARTICLE
The
Greater Cleveland
Rate outlook mixed as stocks wobble in early trading
The market opened with a mixed tone as the Dow slipped 43.95 points over two weeks while NYSE issues showed a 4-3 gain. Analysts noted a Fed money supply drop of 3.6 billion but warned another surge may hit soon, keeping doubt about immediate rate declines. Chase Manhattan Bank hiked its prime to 19 1 2 percent. Conoco rose 1 2 to 56 3 4, Beneficial advanced 23, Exxon eased to 66.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Chase Manhattan Bank
Conoco
Beneficial Corp
Exxon
MarketShare program unveiled by Clare Turton Associates
Clare Turton Associates in Elyria launches MarketShare a marketing program for small businesses with limited budgets. It provides budgeting, media planning, collateral, market research, branding, signage, co op ads, trade shows, sales training, direct mail and PR guided by Casey M. Turton, vice president of the former Studio A.
MENTIONED IN THIS ARTICLE
Ing
Casey M. Turton
Studio A
Invacare cited for donation to disabled foundation
Invacare Corp. received a citation from the Cleveland chapter of United Cerebral Palsy for a donation of 1,000 dollars and five wheelchairs during a recent benefit telethon. The Elyria firm is a corporate partner to the International Year of Disabled Persons and is a leading maker of durable medical equipment in the United States.
MENTIONED IN THIS ARTICLE
Invacare Corp
A. Malachi Mixon
Cleveland
United Cerebral Palsy Foundation
Elyria
Lorain Avon Lady Honored in 1980 Circle of Excellence
Linda Burke of Lorain a district manager for Avon Products was named to the Circle of Excellence for record 1980 sales placing her among 292 district managers in the top 10 percent honored at a conference in San Francisco. She has served as district manager for two years and oversees representatives in Elyria North Ridgeville and Amherst.
MENTIONED IN THIS ARTICLE
Linda Burke
Lorain
Avon Products, Inc
Burke
Elyria
North Ridgeville
Amherst
San Francisco
Towner announces drilling partnerships in 1981 plan
Towner Petroleum Co of Lorain states that if the Towner Petroleum Drilling Program 1981 is effective for sale, it will form the first partnership and close the first offering period on May 20. The SEC registered sale covers 10,000 units at $5,000 each, up to $50 million across up to five partnerships in the year, with about 60 percent developmental drilling and 40 percent exploratory.
MENTIONED IN THIS ARTICLE
EPA
Pontiac
Yne
Towner Petroleum Co
Lorain
Towner Petroleum
SEC
Estates Over $100000 Filed In Probate Court
Inventories of two estates over $100000 filed in probate court. Raymond W Bechtel 46 brownhelm farmer died Feb 6 estate valued at 174880 all real estate except 2500 tangible property son Donald executor. Arnold H Winter 75 owner of Arnolds Cookie Jar Amherst died Jan 4 estate valued 145618 tangible 2300 intangibles 957.698 real estate 47620 Lorain brother John executor. Direct Deposit promo follows.
MENTIONED IN THIS ARTICLE
Raymond W. Bechtel
Brownhelm
Arnold H Winter
Arnold
Amherst
Lorain
John
Also Mentioned on This Page
Business News
Robert Penick
Chronicle-Telegram
Chevrolet
Cadillac
Buick
Oldsmobile
General Motors
Bill Ross
Central Area
Fisher
Cleveland Communications
West View
Eerad Vale
Ridge Tool
GCGA
CPC International
Edson
Pierce R
Sanrih Co
Acme Cleve
Execllo
Aha Parker Hannifin
Amer Mach & Foundry
Frvehauf
Searle
Amer
Smuckher
Goodrich
Benue de
Toledo Buisan Las Cites
Midland Ross A
Unon Pacuie Corp
Woolworth (Fc
Lorain Avon
Towner
Bechte
Donald
Pat Phan
American Telephone and Telegraph Co Ie
Western Electex Co
Bel Selectore Laboratores
HN B Simpson
General Electric Edison
Masten
Snteas
Rane Enseue Stewart
Levon
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