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Show Capital Expansion in Utah Defies Nationwide Trend Continued From Page lb capital expenditures this year should be "up sharply." He said the increase is due to plant expansion. "Business is good, and we are getting orders. The expansion is part of our steady, controlled growth," he said. "Last year we put expects to spend 20 down from last year." He get relief by way of taxation, it will be very difficult. We are percent less than it did last estimated they would decrease by 50 percent. "We having difficult with capital year. just don't have any new formation," he said. A local steel fabricator, business," he explained. Deseret Pharmaceutical whose spokesman did not wish Treasurer Fred Harlow said At Pyke Manufacturing, to be quoted, said capital the plant expects to continue expenditures will be "way E. D. Mariani, president, predicted capital expenditures spending money toward at that plant "will be less than modernization and equipment that improves automation. He last year." said it does not plan to cut Planned Capital Expenditures In Utah He blamed the tight down, and will spend about money market for his firm's the same amount as last year. Increasedecrease lack of expansion. "Until we See chart Company compared to last year Christensen Diamond Products 100 St. Regis Paper 300 ( ? ) ALL FORMS OF INSURANCE Inc., Montek Division "up sharply" " said the firm n, expects a 25-3- 0 firm processing facilities to turn whey into a powder, and we constructed a new refrigerated warehouse. We also built a new office building which went way over the estimated cost." He said this year the Bob Cullin, controller at Parker-Hannifi- in new percent expenditure to go toward additional equipment this year. "We think 1977 will be a good year and we are going after a larger share of the market," he said. He added he expects the 1978 expenditures to be much greater than those of this year. greater Parker-Hannifi- 25 n Western General Dairies ' A steel fabricator' ' PykeMfg Deseret Pharmceutical EDO Western Corp Western General Dairies increased its capital expendi500 percent tures by about last year, according, to Controller Vear Jenson. So this year, it is decreasing that part of the budget. --- INSURANCE AGENCY 20 50 4 Business Phone: 1545 South 11th East same Same Same Same Same Filtrol Telemation Buehner Concrete Co. Chevron Phillips Petroleum Amoco Ag-Re- in worms and a few tools would yield a return of $1000 Scott 1 Residence Phone: Salt Lake City, Utah 484-882- 277-296- LIFE - FIRE - AUTO WORKMAN'S COMP. - LIABILITY - BONDS "-37" Same Same HELP WANTED Worm Farms: "It May Not be Glamorous, But it's Profitable" For a minimum investment of $500, you can get into farming and all the worms you can eat. Seriously, "worm farming may not be glamorous, but it's profitable," said Patrick Hattenburg, president c of Worms, Inc. (short for agriculture and recreation) Sold to fishermen, organic farmers, and seed companies, the red wig earthworm is a formidable source of income for such a small investment. Five hundred dollars invested Paul Jerry "down" Worms currently has a contract with Clear Creek harif one didn't Farms of California to sell all per month vest the worms for one year the worms they can produce at and just allowed them to $2 per pound. Negotiations are also underway, Hattenmultiply. Profit margin on the wiggly burg said, with Adams, Boise little things is approximately and Company for a contract at $4-- 5 95 percent, Hattenburg said. per pound that could in live manure and mean $250,000 in revenue. They c is looking for growers, require watering about every other day. Their population in case anyone is interested. doubles every sixty days. Worms bring anywhere from $2 to $40 per pound, he added. Ag-Re- c Stockbrokers currently licensed with the state of Utah. Part or full time. Chatham Securities Corp. Ag-Re- 25 So. 500 531-033- East 7 If you hold your sales meetingsconventions downtown, you're asking for trouble. Sales meetings and conventions are meant to be attended. So why risk losing your flock to the downtown attractions? Although we're located away from the downtown area, we don't think you'll miss a thing. We serve delicious meals in surroundings that are relaxed, yet conducive to productive seminars. Audio-visuequipment, sound systems, special lighting, and a variety of room arrangements will guarantee you all the versatility necessary. Adequate parking? You bet. for large groups-becau- se we have to. At Four Seasons We specialize in providing al full-servi- ce West, the groups stay large. FOUR SEASONS Patrick Hattenburg is president of probably the only publicly c Worms, Inc. held worm farm in the world, Ag-Re- WEST 3618 HIGHLAND DRIVE 466-437- 5 |