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Show 0 KKg a Lm by Mary McMillan Gaber Review Sta ff Writer John Price Industries, Corp. has reached its plateau. It can no longer double its volume every year. 3 g(alTTirairQsffeir Bea$ira$ Priority to saDH Qgmpainiy fessional Investment Consultants, Inc.), Price decided to replace them by offering new opportunities to ten of the eager, young men already in the company. The result? "1 see in this enthusiasm greater company now than Tvc ever seen before. Everyone is putting in more time. The people are just turned on. "I dont intend to bring in anyone new from the outside. I intend to let all these people prove themselves and elevate themselves within the corporation. Not Top Heavy "Were not heavy in top When you or your customer has a dead-lin- e to meet the last thing you need to worry about is whether the air freight will be here or not. Priority Transfer Company gets the freight to your Q -- door on time. When your customer is paying $55 an hour for a machine thats down, he doesnt want excuses about replacement parts lost in transit. Priority Transfer Company eliminates lost freight. Priority Transfer Company gets the freight to your door on time. When you have 60 assemblyline workers sitting around because the 2nd station is out of transistors you dont want a call from Houston asking what you want done with your transistors. Priority Transfer Company eliminates ulcer producing calls. Priority Transfer Company gets the Q freight to your door on time. it here is one more reason to call Priority Transfer Company. They get the freight to your door on time for much less money than air freight forwarders. We have given you 3 good reasons. Now call Priority Transfer Company and ask what it costs to get the freight to your door on time. Rex Frazier According to John Price, president, the company will "be very happy" with a 20 percent annual growth rate from now on. "Price Industries Corp. should account for over $60 million in sales and development this year," he says. Theres no way we can double that next year." He adds the company, founded in 1958, has grown by 100 percent every year prior to reaching "plateau." this Accompanying his newfound status, as president of a company too big to reproduce itself afresh every year. Price has reorganized the corporation, bringing vital young blood into the management team. When his two senior vice presidents, Gary Machan and Mel well-manag- ed Looking For Acquisitions Tumbow, left last month to form their own firm (Pro A well-manag- ed bus- - Falvo Will Build Warehouse Near Freeway Falvo Real Estate Investment Company this week announced plans to build an office-warehou- Pcwofiy Tcamstar Comipamiy SILC Cntemational Airport 84022 Price conmanagement, tinues, adding the corporation as a whole employs 650 people. "Most of these men are young - in their late twenties and early thirties but they have great academic background, and native business ability." Included in Price's mushrooming empire are John Price, Associates, Inc., the construction and services arm. Price Rentals, Inc., which develops and owns all properties (office buildings, industrial parks and shopping centers) and Price Management, Inc., which manages and maintains all properties. In addition to real estate associated ventures. Price Industries has entered the retail market. One year ago it purchased two department stores in Idaho Falls and Billings and formed a new corporation called Fashions West, Inc., changing the stores name to Jonathon's a Department Store. Also 50 year ago it obtained WAPA percent interest in Channel 4 in San Juan, Puerto Rico. "We will be diversifying more," Price says, adding he is currently looking for businesses to buy. se at 4340 South 62 East Edison. According to Pete Falvo, president, the 15,890 square foot building will devote approximately 1 1 ,000 square feet to warehouse space and 5000 to offices. Wadsworth Construction is preparing plans for the project and cost esti mates are near $250,000. Falvo said the actual shape of the building is not known, but the exterior will be block with wood front and a M asHe anticipates sert roof. will construction begin this spring, with completion scheduled by fall. Access to the interstate system and banking facilities are among Falvos reasons for choosing this location for an office-warehous- e. |