Newspapers / State Port Pilot (Southport, … / June 17, 1992, edition 1 / Page 15
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The State Port Pilot __ BUSINESS Janies B. llyler, Jr., president of First Citizens Bank, was guest speaker last Thursday at the 17th annual membership meeting of the Southport-Oak Island Chamber of Commerce in which Billy Carter (right) turned over the chamber presidency to Tony Carroll (left). The chamber report By Karen S. Hope Executive Vice-President This is a report on the activities of the Southport-Oak Island Chamber of Commerce that appears weekly in The State Port Pilot.) Wow! What a membership meet ing. Last Thursday the Southport Oak Island Chamber of Commerce held its 17th annual membership meeting at the Southport Com munity Building, lhc food was prepared by Chcfs-for-a-Day and was excellent, the company was ap proximately 100 persons and was the best, and the program was not lengthy and that is always good. Mr. James B. Hylcr, Jr., president of First Citizens Bank, was our guest speaker. It was an honor for our chamber to have such a dis tinguished speaker. He addressed the past, present and future econom ic conditions of the country and the slate. Before passing his president’s gavel, Billy Carter recognized the retiring directors and the event chairmen. Retiring directors in cluded Mr. Carter, a booster mem ber; Richard Faulk, First Citizens Bank; Art Skipper, Art Skipper Really, Inc.; and Vicki Spencer, Carolina Power and Light Co. Event chairmen included 1991 U. S. Open King Mackerel Tournament chairman Marly Folding of Carolina Power and Light Co. and 1991 Christmas-by-the-Sca Festival co chairpersons Jimmy and Kaye Lamb. Mr. Carter also presented a special President’s Award to David E. Kelly of Carolina Power and Light Co. for his special and ongo ing contributions. After Mr. Carter passed his gavel to the 1992-93 president, Tony Car roll of Shoe Port, Mr. Carroll stated his goals for the coming year. They include increased cooperation, an awakening of the booster member ship program, and the beefing up of the Shop-at-Homc campaign. Mr. Carroll’s first duly as presi dent was to install five new directors to the chamber's board. New direc tors include Ed Harper, The State Port Pilot; Phil McGee, Lowe’s of Southport; Lynne Rcpscha, Lynne’s Hallmark Shop; Gary Shocniake, Discount Furniture Warehouse; and Lionel Todd, First Citiz.ens Bank. Special thanks go out to Kermit Keever of Margaret Rudd and Asso ciates, Inc., for set-up assistance; Pat Pinkerton of Nice ’n’ Pretty for the decorations; Bob Jones and Gail Berry, Chefs-for-a-Day for sugges tions and delightful food; Sheila Barbee, Port Charlie’s Restaurant, for the loan of Donna Haney, bartender. Thanks to Stanley Rchdcr of C&S Jewelers for doing a great job on the plaques; and to Lynne Rcpscha of Lynne’s Hallmark and Lowe’s announces stock split The board of directors of Lowe’s Companies, Inc. has announced a two for-one stock split in the form of a stock dividend on the company’s out standing shares. Shareholders of record June 12, 1992, will receive one additional share for each share owned on June 12. The new shares will be issued on June 26. The board also declared a post-split quarterly cash dividend of seven cents per share. This will be the 124th consecutive cash dividend, will be paid on July 31 to shareholders of record July 17, 1992, and is exactly equivalent to die 14 cents per share dividend paid on a pre-split basis in April. Lowe’s is a specialty retailer serving the home center do-it-yourself busi ness, the consumer durables business and the building contractor business. Lowe’s operates 308 stores in 20 states, including a facility located on Beach Road. SCC hosts loan program Southeastern Community College (SCC) has been selected to operate a Microcnterprisc Loan Program which will provide start-up or expansion funds for small businesses in Brunswick, Bladen, Columbus and Robeson counties. Floyd L. Shorter will coordinate the program and Janice Simms, coor dinator of the Small Business Center at Southeastern, will act as site direc tor. The college is located in Columbus County west of Whiteville. Through a joint effort, SCC and the Columbus County Minority Business Council applied for the Microenterprise Loan Program. The selection of Southeastern to operate the program was announced by Speaker of the House Daniel T. Blue, Jr., and Billy Ray Hall, Rural Economic Develop ment Center president. Gayle Walker of Pelican Shops for providing such wonderful gills lor our special guests. Most of all, a thank-you to l.ois Carter for sharing her husband Billy with the chamber for the past ilnec years. This weekend should prove fun during Bald Head Island's fourth an nual fishing rodeo, June 17-20. Celebrity guest Jim l.achev of the Washington Redskins will be around to shake hands and pose for pictures. For more information, con tact Grace Edwards at 800-2M 1666, ext. 7301. Cogentrix expands operation with joint Puerto Rico project Cogenlrix, Inc., a leading U. S. de veloper of coal-fired cogeneration facilities, and Empresa Nacional de Elcctricidad, S.A. (ENDESA) have formed a joint venture to continue development of a S520-miilion elec tricity generating and steam produc ing project in Puerto Rico and to pursue other projects in Latin Amer ica. The two companies will share equally in the risks and the profits, according to George T. Lewis, Jr., chairman and chief executive officer of Cogenlrix. Robert W. Anderson, Jr., president of Cogenlrix Development Compa ny, said ENDESA, a publicly traded Spanish company, and privately held Cogenlrix want to continue both companies’ recent rapid growth by seeking additional opportunities to expand in Central America, South America and the Caribbean. Cogenlrix operates a plant at South port, selling steam to ADM and sur plus electricity to CP&L. The project in Puerto Rico is a 300-megawatt coal-fired cogenera tion facility in Mayagucz. The facil ity will produce electricity for the Puerto Rico Power Authority (PREPA) and steam for the adjacent Starkist and Bumble Bee tuna fish processing plants. Founded in 1983, Charlotte-based' Cogcntrix had fiscal 1991 revenues of S255 million and is projecting S295 million in revenues in fiscal 1992, which ends June 30. This rate of growth brought a listing by Inc. magazine as the fastest-growing pri vately held company in the United States in 1989 and 1990. Cogcntrix operates ten cogeneration facilities in three states with approximately 900 megawatts of generating capac ity. SMART MONEY How to make your resume shine Hundreds of resumes are sent for each job offer that is tendered and accepted. The trick is how to make yours work. Resume dos ■ Use 8'h- by- 11 -inch white paper. ■ Try to keep resume to one or two pages, plus a cover letter directed to the person who does the hiring at the company.. ■ Have the resume checked for spelling and grammar errors. ■ Have the pages prepared in a word processor or graphics computer SOURCE: .Family Circle magazine Resume don’ts ■ Don't use a professional resume writer. They often maKe you look too good and scare off prospective employers. ■ Don't fold the finished resume. Use a larger envelope instead. ■ Don't send a photo, age. race, weight, marita1 status, personal statistics or list your references ■ Don't be cute Keep things professional, not flippant Copley News Service/Ken Marsh;*. Warfield is ‘Sweathogs’ grad Laurel Warhcld of Century 21 Gordon Realty of Yaupon Beach, recently completed the "Swcalhogs" motivational program. The 12-week program, developed by national real estate trainer Floyd Wickman, covered the "nuts and bolts of residential real estate - solid information, marketing strategies, selling techniques and methods that are designed to ac celerate the production of each participant." Participants were required to meet or exceed weekly performance quotas. Wickman said the class of which Warfield was a member had the highest per-person productivity ever achieved iri the program. WARFIELD It's important that a newborn house gets off to a good start In life 5o CRStL has what we call a Common Sense program. That house you're building (or thinking of building) could qualifylor a 5% CFSiL discount if ife a Common Sense house-the most energy-efficient house around. And Common Sense houses can save you about 50% on heating and cooling. We even have a Tow-interest loan to help the house you're in now become a Common 5ense house by aiding energy-savingfeatures-like a high-efficiency electric heat pump Oive that house all the advan tages some homes newer had Call CreiL and find out more about our CP&L Common Sense house n. By the way, when Is the program. blessed event? fl ICMUL X; m-. m fcj * IWiene Listening Generates Fbwerful Ideas.
State Port Pilot (Southport, N.C.)
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June 17, 1992, edition 1
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