Thursday, October 16, 2003

Morning memo


News and tips to start your business day

Today's number: 16%

How much employment in the manufacturing sector in Britain has fallen in the past five years, to 3.5 million this year (2.6 million men and just under one million women) from 4.2 million in 1998, the Office for National Statistics.

The Associated Press

Today's mover

Jason Groneck has joined Paul Hemmer Cos. as an architectural designer. Groneck will be working in the design department of construction services. He is a recent graduate of the University of Kentucky College of Architecture with a bachelor of architecture degree and a minor in art history.

Shirley Dees

Today's career talk

It pays to review some email truths, says Christina Cavanagh, author of Managing Your E-Mail, and one of the most important axioms about email should be etched onto every computer terminal at a company: "There is no such thing as deleted electronic mail," she says. "The best course of action is to regard e-mail as permanent and use it only for professional, legitimate and publicly known information."

John Eckberg

Today's money tip

Life insurance commercials are a fixture on television. But the best insurance plan and cost information actually may be found on the World Wide Web.

The Web has become a useful tool for life insurance comparison-shopping and learning about the differences between different types of insurance. If you'd like to look into purchasing life insurance or just get the facts about what a plan entails, check out Life and Health Insurance Foundation for Education at www.life-line.org/life/index.html. It gives information on types of coverage and how to select the proper plan.

Knight Ridder News Service

Today's Company: Anthe Machine Works

Four Generations: Herman Anthe founded this manufacturer of cutting tools in 1897. More than a century later, the company is still housed in the same Covington facility, designed with reinforced beams to support the machines' weight. The business was handed down from father to son: Herman's son, Frank, took over in 1916; his son Donald headed the firm from 1963 and is now semi-retired. Donald's sons Doug and Mark currently run the business.

Strategic Shift: Anthe's primary focus is making cutting tools for the furniture industry, with clients primarily in North Carolina, but new customers throughout the world. With more furniture-making done overseas, the company has expanded into aerospace, plastics and sign tooling. Anthe employs 5 people.

Retooling: In the 1970s, with the advent of OSHA, many of the company's belt-driven machines had to be replaced with electric ones.

Jenny Callison



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