Ontario Community Newspapers

Barrie Examiner, 24 Sep 1977, p. 11

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Tektronix Canada Ltd introduces new wares Tektronix Canada Ltd subs1diary of Tektronix Inc of Beaverton Oregon opened its new Canadian headquarters in Barrie earlier this month Other subsidiaries are located in Australia Austria Belgium Brazil Denmark France Guernsey Sweden Switzerland the Netherlands and the United Kingdom In addition Tektronix main tains marketing represen tatives in 46 countries Tektronix is the largest manufacturer of oscilloscopes with an estimated 65 per cent of the world market In recent years the company has diversified and expanded its product line to include com puter graphics medical in strumentation and general electronic instrumentation In all Tektronix manufac tures more than 500 different electronic instruments Sales for the accounting year ending in May 1977 were record $454958000 an increase of 24 per cent over 1976 Earn ings for the same period were up 46 per cent and dividends paid per share increased 88 per cent adjusted for 2for1 stock split effective May 1977 Tektronix is traded on the New York Stock Exchange NEW OSCILLOSCOPE Tektronix has introduced new moderatetypriced high performance dual trace oscilloscope The new oscilloscope model 442 is the latest addition to the Tektronix 400 series of laboratory portable oscillo scopes and is suited for both servicing and production line testing of digital equipment Application areas include testing and servicing of com puter peripherals pointof purchase data processors numerical machine controls and digital consumer elec tronics equipment as well as communications and telemetry equipment Key features of the model 442 include its performance economy and portability Designed to fit under an air craft seat the unit can be hand carried on commercial flights by service personnel NEW MICROPROCESSOR Tektronix has also introduced its model 8002 microprocessor lab into the Canadian market Microprocessors are com plete computers contained on tiny chips of silicon and are fin ding their way into such diverse products as household appli ances automobiles scientific instruments and industrial con trols However designing these tiny computers into electronic engineers who must now business notes Announces takeover TORONTO tCPt Helchhold Chemicals Ltd Toronto announced Tuesday it will take over manufacture and distribution of agriculture chemicals by the Niagara Chemical division of FMC of Canada Ltd on Oct Reichhold said distribution facilities are in Burlington Ont Longueuil Que Regina and Kelowna BC There also is manufacturing plant in Regina Acquires shares TORONTO tCP Shareholders of Foodcorp Ltd Toron to were told Tuesday that Cara Operations Ltd Toronto acquired about 97 per cent of Foodcorp shares in recent takeover bid Foodcorp president Syron said Caras of fer of cash and notes valued at $1250 share has been ex tended until Oct 31 Foodcorps profit for the first quarter ended June 26 will be ahead of the $741 000 or 22 cents share earned during the similar period last year he said Cost of packaging TORONTO CPJ Canadian industry Spent $34 billion on packaging to contain protect and ship about $98 billion worth of manufactured goods in 1976 an 11perccnt increase from the $3 billion spent in 1975 The Packaging Association of Canada said the total is expected to reach $38 billion in 1977 and $43 billion in 1978 File prospectus TORONTO 13P McLaughlin Associates Ltd rcal estate developers has filed preliminary prospectus for proposed issue of cumulative redeemable preferred shares to reduce bank and mortgage debt Details were not available Name officer TORONTO Ci Hudson Bay Mining and Smelting Co Ltd of Toronto has appointed Sadler as general manager of its Flin Flon Man operations succeeding Harapiak who left to assume senior position with another leading mining company Harapiak has been with the com pany since 1972 Reiterates stand The Greater Barrie Chamber of Commerce has reiterated its stand against federal proposals to tax life insurance policy gains at the time of death The move comes in res ponse to letter to the chamber from Donald Mac donald then finance minister defending pro posals to count as taxable in come the difference between policys cash surrender value at the time of death and net premiums paid Macdonalds letter was itself response to brief from the chamber criticizing the proposals Death is the worst possi ble time and circumstance to be levying new taxes the bricfsaid DONALD MACDONALD defends proposal become computer program mers as well as circuit design engineers Until now typical product design incorporating microprocessor has required several manmonths of soft ware program design followed by hardware design and then finally integrating the two into the final product The Tektronix 8002 has solved the problem and reduced the design time by allowing the engineer to design his program on an emulator CPU central processing unit and then transferring the program into prototype unit step by step analyzing and debugging at each step While some development aids recently have been offered by few microprocessor manufacs turers they have been limited to use with only single microprocessor unit The Tektronix 8002 is the first universal high level mi croprocessor design lab capable of supporting existing as well as future micro processors from different manufacturers Examples of existing mic roprocessors which the 8002 can presently support include the Intel 8080 Motorola 6800 Zilog 280 and Texas instruments 16 BIT TMS 9900 Universal microprocessor lab Barrie has new Ford dealer Next Monday Graham Ford Sales Limited will open at the former Grandv1ew Ford lot on Bayfield Street Barrie has been without Ford dealer since Grandview Ford went bankrupt last March The dealership will sell the full Ford line of passenger cars Ford trucks used cars and offer full maintenance service said president Gary Graham The first shipment of cars is on order Graham said and he expected them to begin arriving Frida The dealerships irst or er in cludes mostly 1978 models but Ive also ordered hand ful of 77s he said Graham is no stranger to car business He worked for five years as general manager and secretary treasurer for General Motors Ltd dealerships in Toronto and Guelph Last spring he decided to open his own dealership had other franchise op portunities from General Motors and Ford he said Ford dealership opens here Monday the examiner Saturday Sept 24 1977 11 but Barrie was the first one that came along that was the kind of thing we were looking for Graham said he isnt wor ried that stagnant economy and lack of consumer con fidence might keep his busi ness from getting off the ground The business is there he said think the big factor is how we serve the public Gary Graham opens new dealership Wintario regulations changing Must get approval first TORONTO tStafft hange in Wintario regulations flective Jan 1977 will re quire groups planning to build new cultural or recreational facilities with financial assistance from the lottery to get Wintario approval before construct ion start Michael Noon manager of Wintarios capital support unit said Thursday the Wintario apital Grants Program has been changed to give Wintario field staff and government ministries more time to review the project and insure that it qualifies for Wintario funding The lottery will no longer pro vide funds to communities or groups applying for assistance after their project is underway hcsaid We want them to find out if they are eligible for Wintario funding before they start rather than going off on their own and Leading Canadian corporations keeping their policies quiet Alfred Powis council cochairman whether you eat in or out He gets the business both ways TORONTO CP VJ Housel doesnt cry the blues be cause more Canadians are eat ing out these days But he said he wouldnt com plain if everyone ate at home either As chief executive officer of Standard Brands Ltd Mon treat he gets the business both ways Houscz who is also chairman of the Canadian Grocery Prod ucts Manufacturers Association said in recent in terview that one of three meals is eaten outside the home in Canada The ratio may even tually reach two of three One of the reasons why the in crease in eating out is not really cloud on the horizon for manufacturers is that the food they dont sell through re tail chains will be sold through restaurants Another is that retail stores in order to combat the trend to eating out may re uire manu facturers to pro uce con venience food of high quality and nutritional value to win back customers TRENDS DEVELOP He said two trends may de velopzm increase in the num ber of meals eaten out and an increase in the number of highercost readytocat din ners sold by retailers Grocery products constituted $20billionaycar business and new trends in eating Would help maintain the industrys fivetosevenpercent annual growth rate MONIREAL CID Chief executive officers of leading Canadian corporations kept their cards close to their vests after day of meetings to discuss national unity issues here The businessmen offered re porters very few concrete st ate ments on policy decisions reached at the closeddoor sion the first such gathering in Quebec of the recentlyformed Business Council on National Issues The council calling itself an act ion organization groups representatives of 140 national and international companies it was fomied last year to strengthen the contribution of business to issues of national importance and to advocate progressive courses of action that will st imulatc growth and employment opportunities in this country said Alfred iowis chainnan of Noranda Mines Ltd and cochairman of the council The chief executives partici pating in news conference Powis laul Desmarais of Power Corp and William Ar chibold of the Bank Canadian Nationalwwcre reluctant to discuss specific policies arrived at by four separate committees studyin national unity eco nomic evelopment social pol Ilousel said that two or three years ago national brands pro duced by leading grocery manufacturers ap aer to be suffering from fa ling market shares This was because so called house brands packaged for chain grocery stores began taking an increasing share of the business But that trend appears to have halted dont say that house bran ds are falling out of favor but theyre at least stabilizing CITES PROBLEMS Some house brands had not been properly researched or were of lesser quality than na tional brands he said and this has beat reflected in pricing and acceptance Housm said house brands are icies and governmental organ ization and operation WANTS TAX lTS iowis did say however that the economic development committee seemed to be in agreement that we would have to look at recommending sales tax cuts Powis also said he personally favored an immediate end to federal wage and price con trols and that he felt most delch cs agreed The committees seemed to have spent most of their time discussing the Quebec situation and Desmarais war ned that if businesses cannot adapt to the political climate here theyll just say were leaving Then it will be up to the pro vincial government to amend the laws he said rcfening specifically to the provinces language legislation He said the problem of busi nesses abandoning Quebec was confounding Powis agreed although he thought that there has been more talk than ac tion in this regard The council which includes more than 36 members from Quebec has budget of about $650000 for 1977 The next general mem bership meeting will be in Toronto in February ackaged by the leading manu acturers in competition with their own national brands but the manufacturers have never made major commitment to them We do not for example build new manufacturing facil ities to produce house brands we do use them however to fill in valleys in our own produc tion Companies will duplicate national branrl for house brand if the customer so speci fieshe said Housez also said that al though the costs of trans portation are rising the Tana dian food manufacturing in dustry will hold back on any major effort to dccentralize its manufacturing operations then finding out they arent get ting funding Noon said The change will also give Wintario staff and other government ministries chance to evaluate the need for the project operating and capital costs and the visual and envrronmental effects the facility will have in the com munityhe said Noon said the change is result of review of Wintario capital funding regulations and of the projects funded by the lottery that are now com leted Wintario has receiv about 3000 applications for capital funding since its inception in 1975 he said and money has gone out to nearly 1900 pro jects After nearly three years Noon said Wintario officials felt it was time to evaluate what weve done and what we intend todo in thetuture The new regulations are not to be construed in any way as restraint he said We just want to be involved from the start Noon said booklet of New Wintario regulations is being printed which should more clearly explain the guidelines for getting financial assistance from the lottery Full details needed on insurance scheme ilAltLTlElWN CI er Provincial insurance super visors say they are worried members of group in surance plans are not getting enough information about the Schemes from the companies that sell them committee of provincial iii surance superintendents said in report to their annual meeting here they are con sidering legislation making companies in the rapidly growing group insurance in dustry responsible for seeing that plan members get com plete infonnation Lear Wood deputy superin tendent for insurance in On tario told the meeting the de partment had received num ber of complaints about group insurance plans being tennis natcd or significantly altered without the members being in formed The report to the annual meeting of the Association of Superintendents of Insurance said legislation is being consid ered to require insurance com panies to assume responsibility for informing all members if plan is tenninated or altered The legislation would also re quire plan members to be pro vided details of the plan bene fits RAISESOBJECTIONS Lloyd Rollerson president of the Canadian Association of Ae cident and Sickness insurers CAASI objected that there were only isolated cases of individuals not being fully in formed about their plan He said putting the onus on the in surance companies to provide detailed information to plan members would add adminis Darwish superin tendent of insurance for Alber ta and association president said that despite industry ob Wheels of Yesteryear contest To be spe trative costs to group plans Rollerson said most in surance companies have no records of the location of group plan members because the em ployer handles the ad ministration jections its the group person that were concerned about think weve got to get the insurer closer to that person Group insurance dominated the discussions during the sec ond and final day of public meetings of the association The Bank of Montreal will not fight union MONTREAL CP The Bank of Montreal has decided not to appeal Canada Labor Rela tions Board CLRB decision in June allovnng unions to organs ize bank workers on branch bybranch basis across the country bank official said Wednesday Robertson senior vice president for personnel said appeals of board rulings are limited to cases where the board exceeded its jurisdiction and the bank does not feel it could justify an appeal on that basis The Bank of Nova Scotia has already said it will not appeal the ruling while spokesmen for the Canadian Imperial Bank of Commerce said it is retain ing the option of an appeal al though none has been lodged ye The CLRB ruled that bran ch is an appropriate bargaining wheels of yesterday Ken Hill of Utopia correctly identified last weeks model as 1955 DeSoto and wins our citic the model was the Fireflite Sportsman Mara top llill wins $10 gilt certificate from Brass and Glenn Dunlop Street You can also be winner if you can identify this weeks model Send your answer to Wheels of Yesteryear The Examiner Box 370 Barrie Ont AM 4T6 The winner will be the first correct eury chosen in random draw Thursday at noon unit and rejected an argument by Canadian Imperial that the only propriate unit is cross Cana rouping of all em ployeeso each bank Thus far the bank union ization drive has had only mixed success In British Co lumbia the Service Office and Retail Workers Union of Can ada SORWUC has won accre ditation at 14 branches and is applying to be certified at seven more But the union has lost all five certification votes held at Bank of Montreal branches in 80 Robertson said Workers at six of seven Bank of Commerce branches in BC also voted against the union One branch in Ganges BC voted in favor while three 0th ersone in Port McNeil and two in Vancouverwere certi fied without vote

Powered by / Alimenté par VITA Toolkit
Privacy Policy