12
Thursdav. December 7, 1989 / University Daily, Kansan
Your paper. your news.
KANSAS CITY UNIVERSITY
Campus-Motion/World/Sports/Waener-Arts/Entertainment
December 11th
10 a.m.-3 p.m.
Kansas Union Main Lobby
sponsored by and
Minority affairs
STUDENT UNION ACTIVITIES
SUA
--allocation instead of competing for scarce 1989 dollars.
711 West 23rd, THE MALS, Lawrence
OPEN 9-8, SAT, 9-6, SUN 12-5*841-2109
Company's move to town gets easier
By Steve Buckner Kansan staff writer
VISA
Some big pieces of the puzzle are falling into place for the prospective tenant of the shell building in the East Hills Business Park.
To begin with, the financing to bring Perm Plastic of Creighton, Pa., to town does not appear to be the hurdle it was a month ago, said Bill Martin, director of economic development at the Lawrence Chamber of Commerce.
"Congress voted to extend Industrial Revenue Bonds until 1990," he said. "That takes the heat off."
Penn Plastic is seeking $6 million in IRBs to expand its operations to East Hills, east of Lawrence on Highway K-10. The company's original plans were to go on a waiting list for any leftover IB money from 1989 projects in Kansas. Martin said the action taken by Congress to continue with IRBs, which were to be phased out at the end of this year, meant that the city would in January send another request to the state for a 1990
"We understand there is a program at the University that deals with the plastic industry on a professional basis that may fit into our needs," he said.
Most of the jobs would be unskilled labor, Lasser said, but there would be an employment possibility for KU graduates.
Although the entire deal for Penn Plastic is not complete, the company has announced its intent to open with twice the production capacity and number of employees it had planned.
Lasser said that no administrative hiring would be necessary and that only a few workers would transfer to Philadelphia plant to train new employees.
Another key step was initiated Tuesday night at the Lawrence City Commission meeting. The commission authorized its staff to apply to the Kansas Partnership Program for a $300,000 low-interest loan that would help finance a 4,000-foot rail spur to be built from an existing Santa Fe branch line to the shell building. Penn Plastic and Santa Fe will spend $155,000 to complete the project.
Harold Lasser, president of Penn Plastic, said the expansion would be for additional capacity rather than another product line.
"The project has grown," Martin said. "They will install four production lines instead of two and hire 100 employees instead of 50."
"We feel we have enough business going on to justify it," he said.
Penn Plastic makes high-density plastic containers. The company will make similar containers for the herbicide, pesticide and chemical markets, said vice president Jay Lasser in an earlier interview. He said the company would employ 170 people at full capacity and intended to open in February.
The shell building is a $1 million, 81,000-square-foot structure built on speculation by Douglas County Development Inc., a non-profit organization affiliated with the chamber of commerce.
DOCTORS POHL & DOBBINS
OPTOMETRISTS
FAMILY PRACTICE DEDICATED TO EXCELLENCE IN EYE CARE
COMPLETE COMPUTER ASSISTED EYE EXAMS FOR GLASSES & CONTACT LENSES HEALTH DIAGNOSIS & TREATMENT OF EYE STRESS
American Optometric Association
EYE HEALTH DIAGNOSIS & TREATMENT OF DISEASE AND INFECTIONS
FREE CONTACT CONSULTATION & TRIAL FITTING
EXTENDED WEAR, GAS PERMABLE, TINTED ASTIGMATIC, BIFOCAL & DISPOSABLE CONTACTS
ASK ABOUT OUR 30 DAY REFUND GUARANTEE
WEEKEND & SUMMER HOURS
EVENING & WEEKEND HOURS
HMO MEDICARE BCARES & OTHER INSURANCE
OPTICAL DISPENSARY
831 VERMONT
HMO MEDICARE BCBS & OTHER INSURANCE
DR. CHARLES R. POHL DR. JENT E. DOBBINS
841-2866 843-5665
1000 FRAMES
TO CHOOSE FROM
ONSITE LAB
SAME DAY
ON MOST PRESCRIPTIONS
O DESIGNER FRAMES
O ECONOMY FRAMES
O CONTACT LENSES & SUPPLIES
O MANY REPAIRS WHILE
YOU WAIT
DOCTORS IN THE OFFICE FOR FREE CONSULTATION
841-2866 843-5665
FAST & AFFORDABLE SERVICE
OPEN 10AM, TURNS W/ P&R & TAURUS TWICE DAILY SALE NOON
B31 VERMONT
Gold Tidings
Save Up To '80 On Gold Rings. No Payment Till March.
Tis the season to save up to $80 on ArtCarved gold rings. Choose from a selection of men's and women's styles that's both a comfort and a joy. For enduring value and quality,
is relieved is hard to beat. Because each
and every ring is carefully crafted and backed by a Full Lifetime Warranty. Order your college ring now, save up to $80, and don't pay another dime till March. Ask how you can save on gold accessories, too.
ARTCARVED COLLEGE JEWELRY
KU Bookstore Kansas Union level 2
Dec. 4-6,10 a.m.-4 p.m.
$20
Payment Plans Available
1