Corpus Christi Caller-Times from Corpus Christi, Texas • 62

ferpf fjPr RSunday September 30 1990 Bruni Quinn FROM PAGE FI FROM PAGE FI Kmart vs Wal-Mart Kmart WaHUart work with industrial machines and computers more advanced than equipment at many college-level technical training schools Leach said The center also offers high-tech hydroponic greenhouse farming studies for those interested in agriculture Students can study four industrial curriculum areas: machine trades computer-aided design and manufacturing businessoffice technology and electro mechanical technology something that this area needs badly" said Terry Ftiestap manager of Packard Electric's dis Only about 10 percent of the nearly $2 billion in parts and supplies for maquiladoras between Brownsville and Laredo are purchased in Texas according to a CEED study Leach said the Technology Center could help attract more suppliers to the county rather than to places like Rochester NY or Detroit Jobs paying from $8 to more than $20 per hour would bring new prosperity to Webb County where high unemployment makes many people happy to find a job at minimum wage Technology Center students tribution center in The company a division of General Motors assembles automobile wiring harnesses at Nuevo Lareda Packard could save millions of dollars per if pans suppliers were located in the Laredo area rather than the Midwest Priestap said "A lack of skilled labor is repelling people" he said "There is a shortage today and as the maquiladora industry and others grow along the bonier the shortage is going to become more Distance to suppliers hinders' Please see BnmL'FSj 3t But the formative yean are also the most dangerous "As the financial life is developing people start to seek opportunity and abuse comes in" says William Tyson associate professor for legal studies and accounting at the Wharton School in Philadelphia A number of international organizations are studying market regulations with the longterm goal of creating broad standards that every country can agree on But that raises yet another risk to American investors Any compromise with say die Swiss on financial disclosure means that disclose more but American firms could disclose less I like the profits in the foreign markets but would much rather see them play by our rules jEHBBUfilKaP CORPUS CHRISTI 416 Water 78401 (512)883-6525 FROM PAGE FI marl is trying to get itself advanced as cost effective as Wal-Mart But right now Wal-Mart has the edge in face-to-face Barnard added Both Barnard and Mangano said Wal-Mart's expansion in Corpus Christi nest door to mart and Target probably ill not trigger major goods pricing wars but will be beneficial to customers wars sene no good and they are not trying to run mart out of business But you will have a very good competitive Barnard said operators will try to be dressed up and at their best at all a healthy plus-plus situation fix' Mangano said can expect excellent merchandising representation and choice It will make for a mote attractive retail environment" pon Shinkle Wal-Mart corporate affairs director said Wal-Mart welcomes the retail neighborhood competition from mart and Target JThey ate both formidable competitors and we feel consumers wiU take a look at all three and then make up their minds for the best said "Wal-Mart thrives on competition It makes us better and keeps us from being Shinkle said Wal-Mart closed its Robstown store in August because the new store is opening less than 15 miles away Robstown store was an excellent site but if we had left it open the new store would have adversely impacted it We are hopeful customers who previously shopped at the Robstown store Will now drive to the new one where they will find a wider better Selection and the same high quality and low Shinkle said Wal-Mart excels because it is successful at selling products with good values and backing them up with service and Commitment He said the company expects to make $32 billion jn sales systemwide this year surpassing last revenues by 28 percent i "It take a rocket scientist to see the Texas economy is com- ing Texas the said the have broad driving bottom said stores 51000 The with items The garden bar service The man an Penney part meet Christi store years The total four total square MASTER YOUR MEMORY with MICHAEL MYERS WedMiday( Oct 10 9 am-12 noon Wyndham Hotel Corpus Christi Ballroom A TICKETS: $30 Call 241-7504 Sponsored by SME-CC and CCEA back strong while the South economy is healthy and on verge of a boom" Shinkle "We are very happy to be in South Texas market where we made a major Shinkle says Wal-Mart taps a customer base "from people old pick trucks to chauffeur-driven limousines The line is quality merchandise low prices and serv ice" he Wal-Mart operates 231 Texas the largest number in its 32-state trade territory It employs Texans new Corpus Christi Wal-Mart will offer 36 departments an estimated 80000 different complex will also include a center pharmacy snack and a tire battery and auto center chain was founded by Sam Walton regarded as the richest in America in 1962 He began his retailing career in 1940 as S85-a-month trainee for JC Co look forward to becoming a of the community and working with existing businesses to the needs of all Corpus area Mike Kissinger the store manager Kissinger who previously managed the Wal-Mart Flour Bluff has been with the firm 13 new store gives Wal-Mart a of 419000 square feet in its local stores and a combined employment of 820 people Wal-Mart also operates a Wholesale Club here with 106000 feet IBfccft annual yield is based on quarterly compoundng and assumes tie interest is credSed to Its CD quarteriy and led to compound lor one yean SubatanUpanrtytor early triMawaL Rates an sutjeaio change Savings Some things get Better with age Deposits FDIC insured i AMotKoi le IS5 IlC ENERGIZE YOUR BUSINESS JONTHECHMBBV 882-6161' dftoffe am Qmuw 4P 4- I Janitorial Service Supply I 24 Hour Service hwudoUN Smfaid arte Cbmwl Bed CbaaaeicM -IodwtrM Speckl Occasions 758-5033 3m ttl MERGEDES1 It a misprint A new 60-month special leasing program is now offered exclusively through Mercedes-Benz Credit Corp on the 190E 28 Sedan Special 60-month rates are also available on the 190 26 Sedan A the 300 Class Mercedes Sedans 1991 Mercedes-Benz 190E 23 STK 4527 Ha 1990 Mercedes-Benz 190 26 STK 4320 I Just listing our interest rates is enough to whet most appetites But we have more than great rates Vfe have great choices too So whether looking for anything from a liquid investment to a long-term savings plan we have just what you want And all come complete with the strength and stability of one of the nationis largest banks So call or come by any NCNB branch After all great rates and great choices are the house specialties here at NCNR 1991 Mercedes-Benz 300E 26 STK 4554 All twee eubject to change without notice Intent compounded quitted Yield baled -RESOURCE not nailable in all tootiom 32500 opening balance lequhcd on Reeout 315 montityeeivice cheige Reeowce balance Ule below IndividuelionlyL Reeouce on annual Me compounded quutertyi SUBSTANTIAL PB4A13Y FOR EARtY WmutMML account Money Matket mee variable Minimum betenoe requited to eim intent rate ontyiNCNBfeaw Member FDC 6 1990 NCNBCotpotfion 1B12 SaUh Ahmads 8553400 5875 Vtbbsr Road 8562400 Robstown -429 East Mtfn 387-4561 ED HICKS MERCEDES mwqmm muam amsm i VMO MDMIMBO 1.