Newspapers / Winston-Salem Chronicle (Winston-Salem, N.C.) / May 25, 1989, edition 1 / Page 6
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Business Briefs Disaster centers offer help to tornado victims Four combined state and federal disaster application centers opened Monday, with the local office located at the C.E. Gaines Center on the cam pus of Winston-Salem State Universi ty. The centers will process govern ment assistance to victims of the May 5 and May 6 tornadoes that damaged homes and businesses in 20 Piedmont counties. President George Bush has declared the effects in North Carolina a major disaster and opened the door for individuals, businesses and local governments to receive aid. Among the types of help avail able to North Carolina tornado vic tims are Small Business Administra tion loans, temporary housing and direct grants. Interest rates on SBA loans to individuals and businesses are either 8, percent if credit is available to the applicant, or 4 percent if it is not. Direct grants also are available to individuals and families who cannot qualify for a loan, but not to business owners. The grants are given to help victims repair flood-damaged homes and personal property, not to replace it. In some cases, grants also may cover other personal needs that are CCB Promotes Christopher Leak Christopher B. Leak, Central - Carolina Bank's loan/opera* tlons officer at Its Medical Park office In Winston-Salem, has been promoted to assis tant treasurer. A native of Win ston-Salem, Mr. Leak joined CCB In 1986 as a management associate. He is a graduate of Wake Forest University with a degree in business and accounting. He Is active In the Lions Club and the East Win ston Development Club. directly related to the tornado disaster such as medical and funeral expenses. Eligibility for a grant is determined by whether * person can repay a dis aster loan. If unable to repay a loan, then application for a grant can be made. Officials are cautioning that grant monies cannot be spent on arbi trary expenses. Expenses that would not qualify for grant money would include business losses, real or per sonal property used only for recre ation, debts incurred before the disas ter and any decorative or luxury pur chases. Paul Hall, federal coordinating officer for the disaster relief effort, said that eligible applicants include victims who . are uninsured or who have inadequate coverage of their losses. The maximum grant amount, he said, is $10,000. When applicants go to the disaster application center, they should bring insur ance policies, agents' names and docu ments establishing proof of ownership. Applicants for grants must first apply for disaster loans from the SB A. A loan workshop will open Tues day, May 30, at the SBA field office, Please see page A7 Miller promotes Colbert MILWAUKEE, Wis. - Virgis W. Colbert has been elected vice presi dent for materials manufacturing fnr Miller Brewing Co. He is responsible for the manufacturing of cans and bottles and tor the processing of cer tain ingredients used in Miller prod ucts. Mr. Colbert has served as direc tor for container and support manu facturing since April 1988. He joined Miller in 1979 as assistant plant man ager of the company's container plant in Reidsville. He is a member of the Board of Accreditation for the National Associ ation of Industrial Technology and is a member of the Executive Advisory Council of the National Urban I pagnp\ Rlarlc Executive Kxfhange Program. Colbert received a bachelor of science degree in industrial manage ment from Central Michigan Univer sity in Mount Pleasant, Mich. A native of Toledo, Ohio, he now lives in Fox Point, Wis. Miller is a wholly owned sub sidiary of Philip Morris Cos. Inc. Principal beer brands include Miller High Life, Miller Lite, Miller Gen uine Draft, Lowenbrau, Meister Brau and Milwaukee's Best. Miller also produces Matilda Bay Cooler. Photo by Sam Greenwood The Gaines Center on WSSU's campus, which usually echoes to the cheers of sports fans, is being used as a disaster appli cation center. Additional Tornado Assistance, Information ? Disaster unemployment assistance is available throughout Forsyth County. Any persons unemployed due to the tornadoes of May 5, should contact the nearest local office of the Employment Security Commission and request an application to file a Disaster Unemployment Assistance claim to determine eligibility in order to receive assistance. For more information call 761-1700. ? Representatives of the Internal Revenue Service will answer ques tions and help prepare tax forms for victims of the recent tornado. Taxpayers who suffered property damage as a result of the tornado may have a Please see page A7 NMBC releases business directory NEW YORK - The National Minority Business Council has released the Tenth Anniversary edi tion of its business directory, con sisting of nearly 300 minority and woman-owned member businesses nationwide. Used as a purchasing source by hundreds of corporate and institu tional buyers as well as other minority businesses, the NMBC Business Directory has become one of the most sought after listings of minority and woman-owned busi nesses in the country. "It's a book that will help any purchaser find a qualified, reliable minority business source for any goods or services Tequired," says John F. Robinson, president and chief executive officer of the council. ? , The 1989-1990 Business Direc tory incorporates many new fea tures which make this listing easier than ever to use. The cost of order ing a directory is $75 pre-payable to the National Minority Business Council. The National Minority Busi ness Council is an educational pro curement and advocacy non-profit organization. Vlrgls W. Colbert Climate is better for minority businesses, but more is needed The climate for minority-owned businesses in North Carolina has improved in recent years, but Gov. Jim Martin says more must be done to enhance the economic success of businesses owned by Afro-Americans, women, Indians and the handicapped. The Martin administration remains committed to increasing the number of minority-owned businesses receiving state contracts. The governor has established a 4-percent goal for his administration for awarding state contracts to minority-owned businesses. "While I am not in favor of rigid quotas and set asides, I am in favor of working to achieve better partici pation by minority firms in doing business with the state of North Carolina," Gov. Martin said. "We will keep working until we get more new people involved in the system." In January 1989, the U.S. Supreme Court rejected a law in Richmond, Va., requiring that 30 percent of city public works funds go to minority -owned construction companies. The state will not be adversely affected by the recent decision on affirmative action, Gov. Martin said. "That ruling affects set-asides and rigid quotas in minority hiring and awarding of state contracts," the governor said. "We have goals ? not quotas ? so our State should not be affected by this ruling." Last year, minority-owned companies profited from the Martin administration's goals program. As a result, these businesses received greater support from North Carolina's industry and banking leaders. From July 1987 to March 1988, the Department of Correction awarded 8.6 percent of its contracts to busi nesses owned by minorities ? the highest percentage of any agency within the Martin administration to date. The other departments in the administration awarded an aver age of 5.3 percent of their contracts to minority -owned businesses. These contracts were less than $5,000 and consisted mainly of orders that were filled on a weekly, monthly or yearly basis. Such purchases are not subject to the state bidding regulations. The state's purchasing agents are encouraged to work with minority firms, Gov. Martin said. The governor instructed the Correction Department in February 1989 to increase minority participation in prison construction projects from 2.3 percent to at least 10 percent. "This may seem a difficult goal to meet," Gov. Mar tin said. "But if we do not try to meet it, it will be an impossible goal. So we must try to meet it." Gov. Martin proclaimed Sept. 25 through Oct. 1, 1988, as "Minority Enterprise Development Week" in North Carolina to recognize the contributions of minori ty businesses to promote the economy' of the state. "North Carolina is proud of its minority-owned businesses," the governor said in his proclamation. "We appreciate their contributions to our progressive econom ic climate." There are 11,000 minority -owned firms in North Carolina, many of which receive contracts for state -gov ernment purchases. Minority firms must attract invest ments from private industry as well as providing services to the state, Gov. Martin said. "Minority business people must be willing to help themselves through investments, risk sharing and joint ventures," Gov. Martin said. "State contracts are indeed helpful to these businesses, but minority-owned busi nesses must develop effective strategies to become more profitable in our state and nation's marketplace." ~~M5k K'l JI I'll t J H /m When these People Install Hksh Effkency Heat pumps Duke Power Guarantees you ll be Comfortable. Kemersville Blackburn-Carter Heating & Air Conditioning, Inc. North Wilkesboro Associated Heating & Air Conditioning B&R Sheet Metal ' . Welcome Love Oil Company Winston-Salem Bingham Heating & Air Conditioning Co. Blaze Air, Inc. Knight Heating & Air Conditioning Logan Heating & Air Conditioning, Inc. M&S Mechanical, Inc. Morns Heating & Air Conditioning, Inc. Piedmont Sheet Metal Puckett Enterprises, Inc. Reedy 's Air Conditioning & Heating Service, Inc. Wall-Turner Co. Webb Heatinq & Air Conditioning Co., Inc. These are Authorized Comfort Machine" Dealers They're among the very best in the business They've been specially trained to properly size and properly install year-round high efficiency heat pumps, Comfort Machines. Because proper installation means youll be getting the most efficient, most comfortable system money can buy. That's a powerful statement. But Duke Power can back it up. If within the first year after installation, you're not comfortable, Duke Power will install a comparable . T ^ E . heating system of your choice. Try it. What have you comfort got to lose7 A' Heqistereii trademark ot ftuke Power Company >0 BefeMalkTb Anyone Else About ANew Car Loan, Shiftlntol? If you've been shopping for a new car, youll t>e happy to hear that theres never been a better time to pull into 1st Home and talk to us about financing. Because, between now and June 30, you can get a 1st Home new car loan at a great rate. And you can do even better when you open a 1st Home Companion Account. 1/2% better, to be exact. So, whether you're in the market for a wagon, van, or sedan, you can save a lot of money with a 1st Home new car loan. Or, for that matter, a 1st Home used car loan. Call or stop by the 1st Home location nearest you _ today. And let r^JlJ us help you Ul get it in gear Our Business Is Banking. Call 1-800-634-9184 for the latest rate. Fqujl Opportunity I rndr r
Winston-Salem Chronicle (Winston-Salem, N.C.)
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May 25, 1989, edition 1
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