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Show Page 28 THE HERALD, Provo. tah Sunday. October 9, 1977 Business News Ed Givan Insulation Firm Named to Uses New Process 2nd Term By PATRICK CHRISTIAN Edwin B. Givan, owner The paper you are now reading could of Givan Ford of Provo has been elected to a se h a state agency The board oversees and makes recommendations to the Utah State Tax Commission on Utah auto dealer operations. very well end up in your attic — helping to keepyou warm company has its way MR AND MRS The company, who started operations about a month ago, is AA ThermoControl Inc. It is in the business of inStalling a relatively new type of cel TWITCHELL lulose insulation material. manufac- New Owners Take Pharmacy Over Nephi Motel To Open right; Dave Jarvis, Larry John PARTNERS IN A NEWfinancial consultation and investment and Gary Sabin, The firm, Jarvis, Sabin and John, is located firm, which recently openedof- fices in Provo fromleft to atl7 E. 200.N. In Nephi NEPHI Mart Pharmacy is celebraing its grand opening this week NEPHI The Nephi Safari Motel has new At the present AA Thermo-Control Inc. has twolocations. Oneis in Provo at 867 W 100 N. in Provo. The other location is in Salt Lake City and is operated by Lynn Croft According to Mr, Croft the reason for the high anti-fire rating from Underwriters Laboratories Inc. is a new type of chemical complex that W tured in Orem from recycled paper. According to David L. Olpin, a com- developed at Brigham Young University. He said that most other celluiose sulation material from the Orem works well but not as good as the new complex. Mr. Croft said that Lotec Inc. buys pany vice president installation material uses a borax or boric acid company buys the special cellulose in chemistry for fire retarding, which manufacturer, Lotee Inc. and then in- 20years. Mr. Twitchell, a native primary investor in the Lotee Inc stalls it with special industrial machines He said the insulation material can owners. The motel, oneof of Delta, and Mrs. pe blown into a structure or can be the finest in Nephi, has Twitchell, the former sprayed. The spraying operation mixes been recently purchased Geniel Hansen of Mesa, the dry cellulose with an adhesive and by Mr. and Mrs. Gordon Ariz.. are the parents of canbe sprayed on the inside of a metal Twitchell, formerly of four children. They are or other type of building. Dyes can also Fillmore active in church and civic be added to thesprayed on material {ur used paper from various organizations such as Boy Scouts and church groups and pays about$30 dollars per ton. He Said that about $6,000 a monthis paid out for buying paper. The paperhe said is then reduced to fiber by a dry process that cuts and then shoots the paper through small openings at over the speed of sound The Twitchells are not affairs. Mr. Twitchell is a a finished look. Mr, Olpin said the cellulose insula- This process and the amalgamation of newcomers to the motel director on the board of The pharmacy, which is business. They owned and Utah Innkeepers Associa- tion material has a higher R factor various chemicals changes the paper owned and operated by operated the Friendship tion. He also serves as a than most other types of material now into the cellulose insulation material According to Mr. Croft the Lotec’s Mont K. Jensen,is a full Inn in Fillmore forfive regional governor for the being used, He said Lotec’s material line pharmacy operating years. They also owned Friendship Inns, Inter- has oneof the highest anti-fire ratings transformation processis substantially under a new concept in the given for cellulose material by the different than other cellulose manufacCity Center national Association The Twitchells are Underwriters Laboratories. The R fac- turing processes and is patented. which an independent Restaurant and Motel in pharmacy works in Provoat the sametime presently renovating and toris a factor that relatesto the insulaupgrading the Nephi The solor corona, the white-hot halo consultation fee.” Persons interested cooper ation with otherin- Prior to entering the Safari Motel. They have tion ability of a given material The company, according to Mr. of luminous gas that is most visible in having their financial status dependent pharmacies to motel business, Mr received a “double star” analyzed can havethis done by us, and enable the public to Twitchell operated an up- rating from the Utah Olpin, is lead by Glen Gottfredson, when the moonblocksthe suns’s dazzlif they wish our help with their invest- purchase merchandise at holstery and carpeting Automobile Association president. Other vice presidents in- ing face during an eclipse, thrusts clude burbank Jolley, Allan Danielson streamers more than 5 million miles ments, we are morethan gladto assist, majorchain store prices business in Cedar City for of America and Orvil Croft. Mr. Croft is also a into space Jensen, who is a caphe explained. ‘We are confident,” said Mr. Sabin, tain in the Utah National ° that we can efficiently invest our Guard, is a graduate of client’s capital and improve his the University of Utah in benefits fromfive to 10 times his pre- pharmacy. Hepreviously was a pharmacist for the sent programat no cost to him.”” “Our companyis unusual in that no Grand Central Stores for otherfirmin the valleyoffers the com- six years. A native of bination of services that we do. Our in- Moroni, he is married to WASHINGTON (UPI) — The average cost during the first three Call by 9 ain. Call by 9 Cent vestments and advice are based on the the former Jeanine new homessold inthe months of the year, a 6 per cent inWe PickupWe pickupneeds of the individual and tailored to Gulbransen of Salt Lake averagepriceof i 2 i whatever those needs might be. We are Citv. They are the United States between April and June crease increased by 6 per cent to $54,700, the The last time new homeprices inprint-deliver print-deliver specialists in all areas and yet not com- parentsof four children largest quarterly jump in four years, creased that much during one quarter] next day at9 am. Mr. Jensen believes by 3 p.m. same day mitted to one specific program, if we was the April-Juneperiod of 1973, when tor ardan feel a combination of insurance and that the pharmacist the Census Bureausaid Friday. The new government statistics also they went up 7 percent. 5] 00 under $75.00 $00. securities are best for the client, that is should be an important index for new. single r eo . what we recommend, and if it meets part of the health care said the price family homesrose to 158.3 during the pte fousihe eat has been exteam, He was attracted his approval we can help him make Perieneing a building boom during 1977.) 4555 No, those investments which will yield the to Nephi because in the second quarter on a 1972 base of 100, That means a new homepurchased in Newhomeconstruction was started Can Rd smaller communities a best dividends,” he stated 1972 for $50,000 would have cost $79,150 ata seasonally adjusted, annual rate of yon fe uD “On the other hand, if he desires real pharmacist can establish during the April-June quarter of this slightly more than 2 million units a closerrelationship with durProvo QUIC estate and a combination of other inyear ing August, thelatestfigures available 37. vestments, orstrictly wants oneline of the public. The $54,700 average price during the That was 32 percent higher than the 4-2377 “PA n investment, we can provide that assecond quarter compared with a $51,600 Year-earlier rate. sitance as well,” he said. ————————— ee The firm, functioning as financial New Financial Management CompanyFormedin Provo By JACK EMMERSON A new financial management company, Jarvis, Sabin and John, has openedoffices at 17 E. 200 N. in Provo The principal partners, Dave Jarvis GarySabin and Larry John, describe their undertaking as an unusual total comprehensive financial savings and investment company, unlike anything ever accomplished in Utah valley. According to Mr. Jarvis the firmi 0 structured as to assist individuals groups, firms and governments with their financial programs dealing with investments or real esate from $20 to $20 million “Let mealso say that since weare so very diversified, dealing with real es tate ; insurance and stocks and bond we can offer ourclientele a non-biased approach to the best investments for them, depending on their needs and desires,’” he stated Mr. John is general managerof the real estate arm, Hometown Realty, handlingretail real estate sales and the buying and selling of real property, he also manages the firm's team for existing real estate Manager of new homeconstruction and developmentis Mr. Jarvis who is also a broker and serves together with Mr. John and Mr. Sabin in advising on real estate investments. Mr. Sabinis the firms security expert and insurance agent. All three men worktogether in fund raising andfinancial management and both Gary and Dave function in the area of tax consulting. A staff of 24 consultants back up the firm of Jarvis, Sabin and John. Mr. John stated that, contrary to the usual practice, ‘‘our firm does not charge a Average Price of New Home ; Up 6 Per Cent in Quarter WEPICKUP-QUICKPRINT AND DELIVER! planners, can set up investment plans " 5 f Mm P 53 i e ‘ 5 ' te n I for businesses and groupsaswell as individuals and they expect to embark on profit sharing programs and retirement funds for municipalities in the near future. D A A “Jarvis, Sabin and Johnare actually four individual companies who operate and interact under an umbrella-type arrangement functioning to produce the best results possible for the individual organization, based on their desires and circumstances,” concluded Mr. fohn. d 5 0 p ie MONT JENSEN t r p c Y ‘ \ Jack & Virginia Hansen HOURS MON-FRI-SAT 10-6 TUES-WED-THURS 9-10 Sid & Betty Headman by | | f 1 Tole Painting © Decorative Painting @ Classes @ Supplies © Woodware REGISTRATION WEEK! BEGINNER SPECIAL: Sign now before Oct. 17th and receive your beginning classes at a discount to 10%of Reg. price for 8 wks ofTole Instruction. 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