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Show ole o « Business Statdard-Examiner : DOW JONES at 11 a.m. 6864.90 +81.88 Tuesday, April 29, 1997 Business Editor: 6254245 3C ranma BRIEF Space plane’ s tanks Utah made Ci Freeport firm gets fiber machine and 100 workers for project By BRYON SAXTON Standied-Examiner Daws Bureau CLEARFIELD - A Clearfield companywill literally see to it that the next-gen- eration space shuttle gets off the ground. Adliant Techsystems Monday unveiled its $3 million 7 Axis Fiber Placement Ma- from NASA through 1999, the year the demonstration vehicle is scheduled to be launched. A machine resembling a gigantic black cone thermos will be used to construct the tanks. “It has been designed with the future in mind,” said plant manager Dale Busath. Busath said the technology will give the industry a “revolutionary change.” ching to be used in the manufacturing of In 1996, Alliant’s Space and Strategic three liquid hydrogen tanks for NASA’s Systems Group was awarded a $29 million X-33-space vehicle. = remote-operated vehicle is a half- contract from Lockheed Martin to build the fiber tanks that allow the NASA space vehicle to fly lighter. That contract later prototype of the VentureStar, a sinsstage-to-orbit reusable launch vehicle. aking the fiber tanks for the vehicle employ about 100 workers at Alliant ‘Fechsystems in the Freeport Center. The Project involves a $941 million budget grew to $39 million. Busath said work on the equipment began in July 1996, and the plant hopes to begin manufacturing the tanks next week. Busath said the tanks wiil be about 18 feet in diameter and 27 feet long. They will carry highly explosive liquid hydrogen chilled to 430 degrees below zero Fahrenheit, and they will make up about twothirds of the space vehicle structure. “I’m always amazed to see what you do Paul A. Ross, group vice president, Space and Strategic Systems, said that, when it takes its first extended flight in 1999, the X-33 will be launched from California and land in Utah at Dugway Provshould be delivered to Lockheed Martin here,” said Rep. Jim Hansen, R-Utah, by Jan. 31, 1998. who spoke to employees gathered at the unveiling ceremony. Hansen said the technology comesin a long line of other space exploration work others thought couldn't be done, such as putting a man on the moon and designing the space shuttle. “It will mean an awful lot to you when this flies,” Hansen said, from a platform situated south of a hanging bannerpicturing the X-33 space vehicle. “That (technology) is how we have stayed ahead in America.” If the X-33 works, Lockheed Martin and its investment partners hope to spend lomega software set for Windows NT ROY lomega Corp Mo londayaannounced availabilty $5 billion to build two to four VentureStar space planes, which could be piloted by astronauts or by remote control. NASA ior Windows NT customers and other customers would payto use the called Ditto Tools NT. commercial space planes. Ditto Tools NT is available immediately through catalog distribution for an estimated Alliant Techsystems is a $1.1 billion aerospace companywith about 6,700 employees and operations in 23 states. The Associated Press contributed to this 7eport. a backup software package price of $19.95. Ditto computer drives and cartridges provide data protection for systems managers who are converting an Office over to the Windows NT operating system. An j lomega press release said Ditto Tools NT addresses backup needs including software Offer airbag Safety tips compression and compatibility with Windows 95 files lomega also said Mondayit has tapped NewYork and Paris-based EURO RSCG. one of the world’s largest (Use seat belts, sit farther o advertising agencies, to hand! @way from steering wheel its multimillion-dollar globa advertising efforts and put kids in back seat UTAH The Assooaied Press *, WASHINGTON Federal Eccles wins state réguiators gave lawmakers simple agiyice on how to protect children id shorter adults from the force of deploying airbags: buckle seat belts, put kids in the back seats and sit farther away from the steering wheel The devices have saved more than 1,900 lives, according to government estimates. But they also have been blamed for the deaths of 38 children and infants and 25 adults —- many of whom wefe shorter women. “Although the device has the power to save lives, we have seen that when used improperly there are tragic consequences.” said Rep. Billy Tauzin, R-La.. who presided Monday over a House Commerce subcommittee hearing on airbags business honor SALT LAKE CITY - Spencer F. Eccles, chairman and CEO of First Security Corp.. Businessperson of the Year award at the Governor's Conference on7 Easediaciae and Economic Development in St George on May6. Eccles. who began his banking career with the First Nfioncl City Bank in New York City in 1959, joined First Security Bank of Utah in 1960 He has moved up p through tthe Fir zation and se C ope for assu urrent duties ce's leadershir First Sec orporation has cems. the hiighway safety agency in en allowed automakers to install airbags that deploy with 20 ome to 35 percent less force. NHTSAoffi 218 a2iso have proposed that an ¥ motorist be al lowed to have a mechanicdiscon- nect an airbag. But automakers are unified in their opposition to the plan. saying it would prompt too many consumers who would rospered .... Gov. Mike vitt said ina press release. “Other than the CUFTON HUGHES The Assocnated Press WILL THERE BE FRIES WITH THAT? William P. Foley, CKE’s chairman and chief executive officer (left), shakes hands with H. Steven McManus. president and CEO of Hardee's Food Systems, on Monday. Hardee's — the fourth biggest burger chain behind McDonald's, Burger King and Wendy's — will become a subsidiary of Carl's Jr. parent CKE Restaurants. The restaurants will have both the Hardee’s and Cari’s Jr. names under the deal. Twenty of the 28 Hardee's in Utah were acquired by Burger Kinglate last year. Stock market cheers slight wage gains CJ _] Not- so-good news for sends Dow Jones work Ww OFKErs industrials soarin 9 The Associated Press WASHINGTON —- Americans’ wages and benefits rose a modest 0.6 percent in the first quarter, cheering nervous finan- cial markets worried a tight job market will cause accelerating inlation. The quarterly com pensati n gain was in the low end of the range for the Labor Depart- dura -ticket durable fe big-ticket for goods unun expectedly plunged 3 percent in March, the biggest decline in sev- en months. February orders were weaker than initially reported. Also, consumer confidence dropped for the second straight month in April, said the New York-based Conference Board The board reported its con- sumer confidence index dropped from 118.5 in March to 116.8 in April. Wall Street economists had expected the index to dip to 118 in April This morning's reports sent comment on rezone ™M-2 zone includes morereconditions. The M-2 aesthetics, as well BRY as storage, pollution and noise controls. But before the city council ON SAXTON 2 Standarc-Examiner Davis Bureau CLEARFIELD It’s like will grant Utility Trailers re- owning a new home you can’t Quest. it wants to hear from from the neighbors council has scheduled a spe- move into without approval j That’s the situation facing Uulity Trailer Co. The Clearfield trailer manufacturer owns 56 acres off 1700 South across the sirect from the Freeport Center. The stock and bond prices soaring, pushing down interest rates in credit markets. The Dow Jones company wants the land Fezoned from heavy tolight manufacturing. dicted by economists. average of industrial stocks Plant Manager Steve Smith jumped 90 points to 6.873 in early trading jumps 18 percent strictive requires additions sonine n a oning requires a and Coe for area landowners to has made the request because » the heavier manufacturing Utah Questar income Clearfield trailer company awaits zoning change [1 Council members ask « merits that include sharing his wealth and knowledge with the entire state of ment’s Employment Cost Index over the past two years and only two-thirds of the 0.9 percent preSeparately, the Commerce Department said-orders to factories Bank. | beliieve that he has eamed this award on additionaf Neighboring landowners The cial work meeting on the issue for 6 p.m. May 6 at city hall. Meanwhile, Utility Trailer waits Smith told council members recently that his company neste the inetd: BAN 2 590,000-square-foot manufacsittin coonae: Ceaokn th has : SALT LAKE CITY — Corp., the parent compa MountainFual Su i reported an 18 percent incre in net income for the first quarter of 1997 as compared io the first quarter of 1996 Earnings for the energy-services company grew to $41 million. or $1 per shar compared with $34.6 mé#llion, or 85 cents per share. dunng th first quarter of 1996 The company reported an om we're grow ti T issue looking at.” said NHTSA deputy administrator Phil Recht In response to public con- will ; receive the 1997 Dr. Ricardo Martinez, head of the National Highway Traffic Safety Administration, said all passengers should buckle up and children should ride in back whenever possible. Most of those killed were not wearing seat belts. Martinez said shorter drivers should put the driver's seat back as far as possible, raise the seat up and tilt the steering wheel toward the chest rather than the face. aetting 10 inches away from the steering wheel “dramatically decreases your chances of getting hurt froman airbag.” Martinez said. Government regulators also said they are exploring whether to allow the use of cutoff switches for airbags in vehicles already on the road one NORTHERN UTAH ing Ground. Ross said the first tank Regulators “That's CASES average of 41.1 million shares of commonstock outstanding during the first three months of 1997. a slight increase from 40.7 million shares outstanding during the MARKETS nowhere to expand its current pjant in the Freeport Center —— ————-———— > See TRAILER/4C same penod of 1996 NORTHWEST ~y.| GRAIN A video game you can't ignore | Owners must take care of their : = Debuting here this week afler a stunning run in Japan, U.S. merchants are counting on the hand held, key-chain video games to bethelatest fad & e ough youlose and have to start over Dy feeding, sweep the toy industry Children in the United States already know about this toy from reading about it and from dis cussions on the Internet,” said Michael Goldstein chief executive at Toys R Us Inc., the nation’s larg est toy retailer. “Now they are waiting for it, and we think this could be a huge trend here Called Tamagotch, or “cute litle egg, the gam beeins when an egg hatches and a chickenis born days. But any neglect whether a missed feeding or failure to clean up after the chich can result in death. ~_.)METALS playing If the chicken is cared for properly and grow the game can go on for days, with the record aat 2 Virtual pet care tor the pet from birth. f you don’t feed, play with or help your pet lo aduil ieleociaad Pes vived the recent stampede for Beanie Ba- States market this week. The hand-held game requires the player from chick and evendisciplining the pet bies. Now U.S. retailers await the arrival of the ARELECTRONIC PET: A MicroChimp virtual pet is being introduced into the grow electronic friends to aap t©hem alive EW YORK They lived through the Tich Ni Me Elmo mania over Christmas andsur AAR TY CDE RHANIDILER The Associated Pines on = eo poraagh dr — then helps The game can thenstart over again PRICES 7 Sinceits Japanese launch four months ago, sal of the tiny toys costing $18 each have topped four million. Copies are rampant on the black mar ket, with some selling for hundredsof dollars Now, Bandai Co., the Japanese toymaker behind Power Rangers. 1s bringi the United State This has the potential to wkbuster hit | be a mainstream hit aid Frank Reysen, the editor of Playthings maga zine, a New York-based trade publication While Tickle Me Elmo was really for pre choolers and Beanie Babies for girls, this tos >» See PETS/4C (yINTEREST CO RATES |
