10 Friday, April 19, 1974 University Daily Kansan Industrial Revenue Bonds Aid Local Business By BYRON MYERS Business has boomed in Lawrence over the past seven years, but some industries have been hampered lately by shortages of materials and increased costs. According to a Manufacturers and Processing Directory prepared by the Lawrence Chamber of Commerce last August, 65 major manufacturers and processors were in Lawrence. Of those, 13 have moved here within the last 10 years. Industrial revenue bonds, which permit cities to assist industry in expanding into new facilities, have been instrumental in helping eight local companies either to issue bonds or to obtain bonds in Kansas are permitted to issue bonds under the provisions of a state law enacted in 1981, and can be repaid during a period of up to 20 years. The law requires companies making use of the bonds to pay a monthly rental fee to the city to retire the principal of the debt and pay the interest on the bonds issued by the city. The city's legal responsibility for repayment of the bonds, the city holds title to all assets. All real estate and personal property, such as equipment, that are financed through industrial bonds are exempt from real estate and real property taxes for 10 years. In Lawrence, only a simple ordinance passed by the city commission is necessary to issue industrial revenue bonds for an initial facility or expansions to an existing one. Industry in Lawrence has grown because of the city's location and its labor pool. George Lewis, manager of the King Radio Corporation's assembly plant here, said recently that the Olathe-based firm had chosen Lawrence because it could get a plant site and because of the availability of "good, technical-type people." Lewis said the plant hired 250 persons. More women than men work on the plant. (AP) King Radio Corporation manufactures avionics equipment and aircraft navigational and communications equipment. Its products are sold through distributors, and the firm is licensed to sell internationally. The company's employees come in unskilled and are taught soldering, identification of parts and wiring procedures in a one-week course. Lewis said the firm, which started production here last April, had proceeded faster than had been expected. The factory reached full capacity last November, he said, and production has topped the $5.5 million m³ after one year's operation. Ruth Lehr said she and her husband were closing the ointent and moving to Colorado. However, some businesses in Lawrence have closed or are moving. Lehr's Wholesale Meat and Frozen Foods, a meat processing and locker plant, closed this week. Kansas Footwear, Inc., a subsidiary of the Converse Footwear Co. 1968, will be deactivated completely on Sept. 24, said Chester Thomas, operating manager. He said the building, which was leased by B.F. Willett and B.F. Willett, would revert back to B.F. Goodrich Thomas said that the plant had 70 employees at present and that the company would try to find employment for them when the plant closed. Another firm that has experienced a biomeister is Pioneer Cabinet and Woods Creations. Frank Hentsch, personnel director, said that a year ago the company employed 13 persons, but that the staff was now down to three. Hentsch said the company, which manufactures wood products for use in cabinets and housing construction, had been given orders for shortages and increased operating costs. Tom Carmody, manager of the Curtis 1000, Inc., plant, said the company, which makes business forms and envelopes, had been affected by shortages of paper, ink and glass. The company currently had 35 employees in Lawrence and that it was holding at that feature. and sees more expansion on the way is Cutler Repaving, Inc. "We're running about 4,000 bowling balls behind," Hardman said. "Right now we're selling about 500 balls a week and we are having to wait several weeks for delivery." Earl Culter, president of the company, said his work force was up to 25 from 13 last August. He said the firm, which embarked on recycling equipment, would probably double in size in the next five years, both number of employees and size of facilities. One firm that has expanded its production A bowling ball and bag shortage has affected the Jayhawk Bowling and Trophy Company, said Chuck Hardman, the company's president. B. F. Goodrich is attempting to sell the building, he said, but so far there have been He said that a bowling bag shortage had developed because bags were made of Nylon, a leatherette made from plastics, and that the leatherette shortage had adversely affected bag production. Max Is KU Sports Fixture By BRETT MARSHALL Hardman said his employment was up despite those difficulties. His employment increased from 14 employees last August to See BUSINESS Page 11. Kansas Sports Writer Max Falkenstein has seen many great athletes at the University of Kansas. For 28 years he has broadcast football and basketball games for the Jayhawks. During this time, such athletes as Otto Schnellbacher, Jamie Bamberger, John Hall, Gale Sayers and Jho Bille have come and gone. But Falkenstein has remained. "I was extremely lucky when I returned from the war," Falkenstien said. "My former boss at WREN told me I could have my job back when I returned." Falkenstein said one of his first assignments was to announce a football game between KU and Texas Christian University in 1947. Falkenstien began his broadcasting career while in high school. He served as a parttime announcer for WREN radio in Tooeila during his prey years. That season launched a long and illustrious career for Falkenstein. From that announcer's job he worked his way to the premiere, where he held that position from 1964 to 1968. "The game was played in Kansas City and the weather conditions were unheard of." The backlash storm from a hurricane on the Gulf coast and we were getting so much rain it knocked out the lights on the stadium. To shorten the game they cut the quarters from "THE GAME WAS finally completed before darkness. Believe it or not the game finished in a scoreless tie. That was the start of our Orange Bowl season." In January 1968 Falkenstien became manager of the news and sports operation at WIBW AM-FM-TV in Topeka. In 1718 he returned to his home town of Lawrence to become general manager of Sunflower Cablevision. Although he doesn't broadcast on a full-time basis, Falkenstein still broadcasts all KU football and basketball games and has a weekly show on WIBW television. In June 1972 Falkenstein quit broadcasting on a regular basis and entered banking. He is vice president at the Douglas County State Bank in Lawrence. "BROADCASTING IS still my favorite type of work, he said. "It is very enjoyable. Philosophy is fun to do. It makes me make the noise for the listener. If I can pass on the game and the listen audience." get involved, then I've done my job." "My goal when I'm announcing is to make the listener aware of the court or stadium where the game is being played." Falkenstein said. "I want to give him a chance to play and get him into surroundings are like in the also allows him to become more involved in the games." Falkenstein has seen great games during his career. He says the most memorable moment of those 28 years came in 1928 when he led the Knicks to a win that earned from Seattle as the NCAA champions. "There must have been at least 15,000 people at Kansas City airport to greet the convoy." He arrived in Lawrence, Clyde Lovellette douned a fireman's hat and drove the fire truck down main street before a huge crash that was inspiring moments I've ever witnessed. being around the young kids that I associate with during football and basketball FALKENSTIEN HAS been around Lawrence almost his entire life. He was born and raised here. He graduated from high school here and is a KU alumnus. For more than 20 years he lived in Topeka but moved then moved to his home town. Falkenstein likes to play as well as be broadcast sports. He is an avid handball player. Falkenstein thrives on discussions of the great events that he has seen at KU such as the Chamberlain years in the late '50s and the Jo Jo Walege era in the mid '60s. "I have loved this town for a long time," Paikentien said. "The opportunities that the city provides are endless." "WHEN THE JAYHAWKS to North Carolina in triple overtime in the NCAA finals, that was something else," Falkenstein said. "I still think that was about the best college basketball game I have ever seen." One of the most unforgettable moments in KU basketball history was in 1964 during the finals of the Midwest NCAA Regional. The Jayhawks were playing Texas Western and the game was in double overtime. There were six players in the game and Jo White swished a 35-foot shot. That basket would have given the 'Hawks an 82-81 victory but the official ruled that the Hawks had scored. "I thought KU had won the game," said Falkenstein. "But when I heard the official's whistle I knew something was wrong." GOING ABROAD? it's time you knew about these INTERNATIONAL STUDENT I.D. 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