Briefly.Byline: The Register-Guard Eugene's Absolute Automotive to double its size by January Absolute Automotive, an auto shop at 355 Highway 99 in Eugene, near the Roosevelt intersection intersection /in·ter·sec·tion/ (-sek´shun) a site at which one structure crosses another. intersection a site at which one structure crosses another. , will more than double its size by January with a 5,200-square-foot expansion. "Our customer base got extremely large in the five years we've been here," owner Jud Garlock said. "The bottom line is for the past couple of years, we've been pushing away business because we had no where to put it." The shop will grow from six bays to 14 bays, all large enough to accommodate RVs - a new service for Absolute, Garlock said. Absolute will add three technicians to its seven-employee work force, and as business grows, it will probably hire three more, Garlock said. Property owner Ed Webber Sr. started work on the $315,000 addition on Sept. 15 and plans to complete it by late December. Webber hopes to further develop the two-acre site with retail and warehouse/manufacturing space. Plans he submitted to the city show a 14,000-square-foot retail space facing Highway 99, plus three warehouses. Webber said he's talking with several interested parties who may sign on in a year or so. NORTHWEST Allegations may spur changes to Oregon Oregon, city, United States Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products. college savings plan PORTLAND - More allegations of improper
Strong, based in Wisconsin, and another money manager, MFS Investment Management MFS Investment Management, formerly Massachusetts Financial Services, is a Boston, Massachusetts-based financial services firm. In its publicity, MFS claims to have invented the mutual fund. The current chair of the company is Robert Pozen. , oversee most of the $180 million in funds in the state's four college-savings plans college-savings plan A plan that allows individuals to set aside money in a special account designed to pay for future college expenses. Funds in the account grow tax-deferred, and withdrawals used for college expenses are exempt from federal income taxes. , which offer tax advantages that encourage parents to save for their children's education. Strong's chairman and founder, Richard Strong, has become embroiled em·broil tr.v. em·broiled, em·broil·ing, em·broils 1. To involve in argument, contention, or hostile actions: "Avoid . . . in the mutual fund mess being investigated by New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of state and the U.S. Securities and Exchange Commission. Strong is alleged to have made more than $600,000 in improper short-term trading shares of his funds, even though fund management policy prohibits the practice. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion