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Newspaper
The Gaston Gazette
Location
Gastonia, North Carolina, United States of America
Date
Jun 23, 1995
Page
6
Federal officials briefed on the TransPark project in Kinston with senior assistants standing in for Ron Brown who fell ill. William Reinsich and Clyde Robinson represented Brown. Sherwood Smith, president of TransPark Authority, led the briefing attended by North Carolina Commerce Secretary Dave Phillips.
The Carolina Panthers announce Southern Bell won a 10 year contract to install fiber optic cable and advanced communications gear in Carolinas Stadium. The project will support television, radio, voice and data services for game day and office operations with completion slated for 1996.
Stadler County Hams ranked No. 3 among about 60 southern country ham producers and can annually cure one million hams. Virgil Stadler and his two sons, plus several employees and local residents, will appear on the program. Stadler was Alamance County Entrepreneur of the Year in 1993 and state Entrepreneur of the Year in 1994.
USAir will donate over 250000 in aircraft parts and training courses plus maintenance manuals for a new aviation maintenance program at Fayetteville Technical Community College. The parts come from Boeing 727 737 McDonnell Douglas DC-9 and Fokker 28 aircraft operated by the airline.
BB and T announced it will merge its insurance division with Webb Insurance Agency Inc. Webb, based in Statesville, will join BB&T Insurance Services Inc. under a definitive agreement. Completion by end of Q3 expected after regulatory approvals.
UNC Charlotte economist John Connaughton predicts a soft landing for North Carolina and U.S. growth in 1995 with a possible mild recession only from an external shock such as a Japan trade war. He cites a 3.3 percent growth forecast for 1995 and notes the Fed's rate policy impact on the state.
Adam Miller, 814, among first to explore the new two story enclosed PlayPlace at 1927 W Franklin Blvd Gastonia. The 1,200 square foot indoor playground features tunnels slides two ball pits and a toddler area with grand opening activities planned next week.
Washington AP reports that real compensation for American workers fell 2.7 percent in the year ending March, the largest decline since 1987. Private hourly pay slipped to 17.10 with wages and salaries down 24 cents to 12.25. Labor Secretary Reich called the drop dramatic and warned it could threaten the recovery amid rising unemployment claims.
In Geneva U S and Japanese negotiators failed to bridge gaps on auto trade ahead of possible 5.9 billion tariffs on 13 Japanese luxury car models including Toyota Lexus and Honda Acura. Officials resumed talks on Friday while Washington cites a 65 billion trade deficit with Japan driven largely by autos.
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