The Journal Times from Racine, Wisconsin • 27

the Journal Times 792 -j fo-mv Unchanged 782 ilri- Down I 541 FRIDAY Auk. 16, 1991 i 1 TjTj rfL IUJ. JJ.JL SECTION Sows Retirement deals will help Case Nearly half say their statesaro in slump licans, were among the governors who responded to an Associated Press survey on the eve of the annual summer meeting of the National Governors' Association. The meeting opens Saturday in Seattle. The gloomiest responses came from governors of Eastern and Southern states.

By contrast, most states unaffected by the widespread hard times were west of the Mississippi River. were sluggish. Only five governors gave unqualifiedly upbeat responses; Andrus, Bangerter, Guy Hunt of Alabama, George Mickelson of South Dakota and David Walters of Oklahoma. Gov. Booth Gardner of Washington, a Democrat and chairman of the National Governors' Association, said his state "is one of the most economically healthy states in the nation." "Idaho has been one of the few economic bright spots in the nation over the past year," said Democratic Gov.

Cecil Andrus. Utah Gov. Norm Bangerter said his state's job growth was "one of the strongest in the country," Asked if their states were in a recession, 22 governors said yes. In addition, the governors of Wisconsin, Indiana, Iowa, and Washington said their state economies WASHINGTON (AP) Nearly half the nation's governors say their states are in a recession, their view a pessimistic contrast to upbeat economic forecasts from the White House. "We're seeing very marginal signs of recovery," said Minnesota Gov.

Arne Carlson. "We are In belt-tightening times," said Gov. Michael Castle of Delaware. At the White House, the view is far more bullish. "Our position is quite clear," said spokesman Marlin Fitzwater.

"The nation is coming out of the reces sion." Carlson and Castle, both Repub f'tfX'Jt almost vnaflD Supei Savings 1 Special Mips JjfJA Pan Am, Virgin cut fares Associated Press Two more airlines, Pan Am and Virgin Atlantic, announced fare sales Thursday that will make some international travel cheaper. The latest cuts follow a fare initiative unveiled over the weekend by British Airways and quickly matched by American, United, Continental and Northwest airlines. Virgin Atlantic Airways said Thursday it plans to cut trans-Atlantic economy fares by about 12 percent. The Pan Am sale offers 25 percent off on flights to most of its destinations around the world this fall. People in Business Amir- rkulih Appointments and promotions: Racine native Nancy Maritato has been named a junior staff economist at the Council of Economic Advisers in Washington.

The council, part of the White House staff, advises the president on -V 4 4 i By Tom Daykin Journal Times CALEDONIA Greentree Plaza is getting its third-largest tenant Monday, and will get two other new tenants in September, the shopping center's manager said Thursday. The shopping center at Four Mile Road and Douglas Avenue will have 98 percent of its commercial space leased once the new stores open, said Jeffrey Metz of MSI General Corp. The Oconomowoc firm manages Greentree for the mall's owner, Hallmark General Partnership. A Walgreen Drug Store, which opens Monday, will be Greentree's third-largest tenant, Metz said. Walgreen is leasing 11,200 square feet.

Metz said the plaza's two largest tenants are a Kmart discount store with 86,500 square feet and a Kohl's Food Emporium with 46,000. Other stores have 1,600 to 2,000 square feet, he said. Greentree totals 154,000 square feet. National Cleaners and Cousins Submarines are scheduled to open in early September, Metz said. Other tenants are a Radio Shack and a Cost Cutters Family Hair Care Shop.

Two stores remain unleased. The Walgreen store will be an example of the chain's redesigned stores, said Maryellen Thielen, a Walgreen spokeswoman. It's the first of its kind in Wisconsin, she said. The store has an electronics department, department store-style showcases for cosmetics and other merchandise, wider aisles, and a softer color scheme featuring mauve and brown, Thielen said. The pharmacy will be in an open area with more space for waiting customers, she said.

Greentree's first store, Kohl's, opened in the summer of 1990, followed by Kmart in May. Both stores represent new designs for the chains. Metz said MSI General is pleased with the amount of space leased so far. He wouldn't say whether Greentree is making a profit. By Paul J.

Hollay Business Editor J.I, Case Co. has offered early retirement packages to 53 hourly workers in. Racine. The farm and construction equipment manufacturer notified employees, who are represented by the United Auto Workers union, through notices on plant bulletin boards saying 53 such retirement packages are available. Workers who are interested have until Aug.

23 to decide. The retirement offers are based on seniority. Rick James, a Case communications manager, said Thursday that about 100 Racine production workers are eligible, but company officials determined that 53 positions need to be reduced to bring the work force in line with anticipated production. Case also will offer early retirement packages to about 100 production workers at a construction equipment plant in Burlington, Iowa, and an engineering center in Hinsdale, III. The retirements will make it possible for Case to reduce its guaranteed employment level, or GEL, pool.

The company's labor agreement calls for Case to guarantee work for a specified number of employees. The GEL pool in Racine contains about 1,400 people at Case's foundry, tractor assembly and transmission plants. Kelly Sparks, UAW Local 180 president, said the early retirement option offers an additional $300 in monthly pension payments. "I'm thinking they'll get a good response, but it's up to each individual to decide," he said. In May, UAW members agreed to contract changes that included incentives for workers who voluntarily quit or retire and a plan for the company to rearrange plant shutdown schedules.

Case has been struggling with a sales downturn in the farm and construction equipment industry this year. The company continues to trim about 4,500 salaried employees from its worldwide work force. Bush will block longer benefits KENNEBUNKPORT, Maine (AP) President Bush will block money to extend jobless benefits for the nation's long-term unemployed, a White House official said Thursday. Bush actually plans to sign the $5.2 billion bill to extend the bene; fits but, in a twist reflecting the political nature of its wording, will refuse to declare a financial emergency, which trigger the implementation of benefits, said the official, who spoke anonymously. The White House had signalled Bush's intention earlier, criticizing Congress for proposing new spending with no offsetting budget cuts.

The bill would allow up to 20 additional weeks of unemployment benefits for people who have exhausted their basic 26 weeks of payments. About 8.8 million Americans are unemployed; benefits have run out for 1.6 million of those workers. A Nancy Maritato economic issues. Maritato, who holds bachelor's and master's degrees in economics, was one of five students from throughout the country selected for the one-year assignment. She has been studying for a doctorate in economics at the University of Wisconsin-Madison.

She is the daughter of Frank and Diane Maritato of Racine. Robert L. Finder Jr. has been named president and chief executive officer at Johnson Heritage Trust 4041 N. Main St.

He comes to Racine from St. Louis, where he had been president and chief executive officer at Landmark Trust Co. Prior to that, he was with a St. Louis bank and two law firms. Johnson Heritage Trust Co.

is a unit of Johnson International a bank holding company. Elections: James K. Filipek, Racine district agent of Northwestern Mutual Life Insurance Mark T. OsierJournal Times Laurie Hillman, 23, works on labels while assistant managers Doily Deibel and Marian Henderson check the aisles for the new Walgreen store opening Monday in Caledonia. mi ii ii i ij 1 1 Mj i if i i Wcw design shop in Kenosha TNT moves to bigger home Robert L.

Finder Jr. KENOSHA Cascio Design has opened at 6208 43rd Ave. in TNT Advertising Graphics has moved to a building at 1500 16th St. The new, larger location gives the company warehousing and order fulfillment service. TNT also offers identity, graphic, product and parade float design services.

TNT is owned by Jerry Treiber. It employs six people. Kenosha. The business specializes in community development, corporate identity programs, packaging, graphics, product design and environmental design. The company's principle, Steven Cascio, was formerly senior designer at RenquistAssociates of Racine.

Japanese screens lose ruling IVlodesti Realty moving has been elected secretary-treasurer of the company's Association of Agents. He is associated with Northwestern's Thomas E. Goris general agency of Milwaukee. Honors and awards: Richard Arndt of Sturtevant and Darrell Reynolds of Racine have earned the Fraternal Insurance Counselor designation. They were required to successfully pass three examinations under the supervision of the Research and Review Service of America.

Arndt and Reynolds are associated with the Cyril Pick Agency of Aid Association for Lutherans The Journal Times welcomes news for this column. We reserve the right to edit for length or clarity. Black and white photos may accompany notices. Our address is: People in Business, Journal Times, 212 Fourth Racine, 53403. Modesti Realty will be in new quarters effective Monday.

The real estate firm is moving from 1503 State St. to 1309 High St. Co-owners Eugene and Minnie Modesti have bought the High Street building. The firm had been on State Street for five years. ftlew salon opens Sunday Claude's Styling Salon opens Sunday at 4621 Washington Ave.

The salon, serving both men and women, is operated by Claude Hamilton. He was previously with Bettie's Barber Shop. WASHINGTON (AP) Japanese sale of two types of advanced laptop computer screens at below-market prices has hurt U.S. manufacturers, the International Trade Commission ruled Thursday, paving the way for stiff import duties. The 3-1 decision by the independent commission will benefit the seven small U.S.

companies struggling to market the so-called flat-panel displays in the face of heavy competition. For consumers, the ruling could mean higher prices for a variety of products including laptop and notebook computers. (Continued on Page 2D) New York Stock Exchange 2 1-46 244 '4 251 It 25'! 264 BkAm pfF BkAm pIG LTV LTV LTV LTV NEW YORK (AP) Thursday's list. Stock Last Chg 20 80b 30 1 20 IndiM 15 IndiM pt225 IndiEn 1.12 Indon 77t .88 8'4 Vt 92e 11842' .20 34'3 I 1.10s 94... EnrOG Ensrch EnsExp ntergy pIB PK 1.15 Frtrlns FruTrl FundAm Fuqua FurBsh FurB pt 24 9' '4 64' I 111- 2 2H i 5414 44 94 piu I'- 1' 6 '-4 11 13 128164 14 41 i 21' i MasPrt Matsu Mattel MauLoa Maxus Maxus MayDS Maytag McCWf BankTr Halbtn Halwod HancFb HanJS HanJI Mandlm HandH Haryna Hantrd viNIEnl NatFGs NHItLab NIHertg Nil Nil pf Media NMedE NtPrest 2 54 47i-2i LVI Gp InqerRd 132 21' LQuint .121 li Vt 3i.

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