Newspapers / The Charlotte Post (Charlotte, … / Aug. 17, 1989, edition 1 / Page 4
Part of The Charlotte Post (Charlotte, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
Page4A - THE CHARLOTTO POST - Thursday, August 17.1989 Frito-Lay Sponsors Conference For Minority Suppliers By JALYME STRONG Post Editor Frlto-Lay Inc. sponsored the MBE Purchase and Reception conference at FDY last week for the CMSDC (Carollnas Minority Supplier Development Council). The program presented a panel of representatives from corpo rations who discussed with mi nority business owners strate gies for doing business with the major companies. ’ Joe Collins, plant manager for Frlto Lay, served as moderator for the panel. Included on the panel were Wes Corrothers of NCNB, Mark Twlller of E.I. Du Pont, George Anderson of PhU- Jlp Morris USA and Chuck Gor don of Piedmont Gas. Each made a presentation of the type of plans their companies have for contracting services from minority businesses. 'The name of the game Is In clusion," said Corrothers, who mentioned that eight percent of NCNB's purchasing contracts for 1989 were awarded to minority Attendants of the MBE Purchase and Reception conference heard from corporate representatives about minority siqipller opportunities. At right is businesses. Business Consortium Fund, a Corrothers also disclosed that lending program designed for NCNB Is In application for the certified ethnic vendors. iHioto/Jliii Hftck CMSDC Director Malcolm Graham and Virginia Gregory, president of CMSDC. Corrothers encouraged the participation of mlnorltv ven dors, especially those In the area of construction. "We want every one Involved In our bid sys tems," said Corrothers. He men tioned that Erwin Smith at NCNB is the MWBE coordinator for construction. Twlller Introduced E.I. Du Pont's minority vendor pro gram, called TEMPO (To Encour age Minority Purchasing Opportunities). He Informed that his corporation has In creased the number of minority vendors they have contracts with tenfold since 1973. Anderson and Gordon both discussed the minority purchas ing programs utilized at their re spective companies. More than 120 minority busi ness persons were present for the conference and reception. 'We are very proud about where we are with CMSDC and all the companies Involved," said Vir ginia Gregory, Frito-Lay pur chasing manager and president of CMSDC. Involvement In CMSDC has helped minority suppliers be come more competitive, Gregory mentioned. She also related that minority business people have helped her tremendously at Frl- to-Lay. CMSDC was founded by large corporations. Presently the or ganization has more than 400 corporate members throughout Noidh and South Carolina. Re cently, CMSDC kicked off a membership drive to bring In more major corporations. Member corporations are en couraged to do business with mi nority supplier members through CMSDC. "Give minority suppliers a chance," said Grego ry, "that's ^ we ask." 'This Is not a hand out pro gram. It's good business sense." For more information on CMSDC, Interested persons may call Gregory at 588-2840, or Malcolm Graham, CMSDC exec utive director, at 372-8731. Prepare For Financial Future Editor's note: This week. The charlotte Post Introduces a new. personal finance column by Leon Orr. Orr Is a financial planner with Professloanl Financial Planning, Inc., a subsidiary of the Lincoln Financial Group. His work experience Includes personal money management training with IDS/Amerlcan Ebqiress as well as training In se curities and Investment analy sis with Prudentlal-Bache Se curities. He has also practiced law and done tax work for sever al years. Orr received a BA. In econom ics from Stanford University, a law (J.D.) degree from North western University, and a mas ter's degree In finance firom the J.L. Kellogg Graduate Schoql of Management. Today's volatile economy makes reliable financial growth more Important than ever. The costs of living, education, and retirement are steadily rising. On top of this, everybody's favor ite uncle In Washington keeps changing how much we keep of what we earn by constantly changing the tax laws. That Is why the best way to make sure you come out ahead Is to have a finaiiclal plan. A fi- n^mclal plan is like a roadmap. It can show you the best route to take In reaching your financial goals. Most people avoid planning their finances because they think it Is too complex, too time consuming, or that they need to be J. Paul Moneybags before It is worth doing. Nothing could be further from the truth. As the old saying goes; pen nies turn Into nickels, nickels Into quarters, and queirters Into dollars. Dollars as you may well know, turn Into real wealfii. A good financial plan 'will not only show you how to get the best re turn on your money, but also how to keep fi'om wasting your money and how to cut your tax es. By Increasing the amount of money available to you and by decreasing the amount of taxes you owe, you will be able to In crease your wealth. . My In -writing this column Is to do just that. Help readers of The Charlotte Post Increase their personal wealth. I will be ■writing every week about simple principles everyone can put to work Immediately that wlU have an Impact where It counts the most: Hip (Pocket) National Bank. As African American people, we spend over $3 billion dollars a year In this economy. If we have $3 billion dollars a year to spend, why are we still poor? Travel Agency Caatimied From Page 3A ean tours promises to handle these considerations. "There are many places to go and many ways to get there," says Hardin. "We can fit a nice trip ■within anyone's budget." Along -with sending travelers on their way to exotic places, the agency offers such extras as: vid eo presentations, bon voyage parties and unique travel ^fts^ "Many other travel agencies do not offer these extras," relates Fetherson. 'We try to go a step beyond." Going a step beyond Is what has gotteji Caribbean Tours off and expanding. The agency re cently moved Into a larger office located In the new Tryon Shops Center on North Ttyon St. Fetherson" says she plans to add other features to expand the agency. These additions -will en able clients to purchase unique items and gift certificates that may be used to-wards trips or a travel Item. These and other plans for the future promise to keep Caribb ean Tours a continuing business success. Why Is It that over a third of Afri can American families are be low the poverty line? I believe that we, as African Americans, can significantly up grade our standard of Uylng by using sound financial planning principles which ■will allow us to increase our own personal wealth. I look forward to pro ceeding -with this task starting next week where I will be dis cussing: How To Start your Own Personal Financial Plan. Dollars and '■%. $ense For The Best In Black Information: 376-0496 Penni^ From Heaven prime rate nas dropped r'— >.5% HENNIGAN'S REALTY, INC 709 ROYAL COURT CHARLOTTE, N.C. 28202 MCXl program & 8.35% bond money available for first time home buyers. VA no down payment Call CYNTHIA for deatila today! 334-1060 332-1742 res. Cynthia H. Benton "Million Dollar Producer’ Specialist for ail your Real Estate needs P. Sisnett’s Mailing Labels Be List Service ' List Set-up/Maintenance ' Labels ' Labeling ' List Rentals ' Bulk Mailing ' Co-op Mailing ' Repetitive Letters (704)537-1122 ' s' -ft. V' s»^ To all those who have chosen to light a candle rather than curse the darkness, we salute you. PHILIP MORRIS L-tfctyue; . Lyiiiuctyu udiiy layers . Augusta Black Focus . A d . East St. Louis Monitor . Nati Crusader. National Newspaper P /, National Urban League . Baton
The Charlotte Post (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 17, 1989, edition 1
4
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75