BUSINESS MEMO

JACKSON -- H&S Equipment of Jackson has been named a Top 100 dealer for Cub Cadet, a manufacturer of lawn tractors and outdoor power equipment.

Henry and Marie Sappington of H&S received the recognition during a recent Cub Cadet national dealers meeting in Memphis. The awards were presented for dealer sales and service.

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Specialized Office Services Inc. will hold a daylong open house Friday at its new facility at 299 N. Kingshighway.

The firm offers a line of copy and duplicating products representing manufacturers such as AB Dick, Konica, Kroy and Murata.

The firm was founded in Cape Girardeau in 1982. It is owned and operated by Brad Eggiman and Ed Dow.

During the open house, a demonstration of four-color process printing will be conducted.

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Dana Corporation, headquartered in Toledo, Ohio, has reported 1991 third-quarter sales of $1.08 billion and net income of $5 million.

This compares to sales of $1.2 billion and net income of $16.8 million for the same period in 1990.

Sales for the nine months ending in September were $3.2 billion, down 14 percent from the $3.7 billion in sales during the same period in 1990.

Southwood J. Morcott, chairman and chief executive officer, said: "Dana's sales through the first nine months of this year are off more than $500 million compared to last year. The worldwide highway vehicular market, which accounts for 46 percent of Dana's sales, is 18 percent lower through the first nine months than it was a year ago.

"The decline in the highway vehicle market alone represented over $300 million less sales and affected the company's profits. But, we have seen some indications for a modest increase within the highway vehicle market during the most recent quarter, and feel that recovery, while inevitable, will be gradual."

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POPLAR BLUFF Gates Rubber Co. of Poplar Bluff has received an A-1 quality rating.

The rating is the highest a Gates facility can achieve. It is given following corporate quality audits. To qualify, a company must achieve a 95 percent rating in 19 different quality areas.

The Poplar Bluff facility manufactures rubber and silicone hoses for original equipment and replacement automotive and industrial markets.

The major markets for the Bluff products include General Motors Corp., Ford Motor Co., Nissan Motors, John Deer, and Caterpillar.

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POPLAR BLUFF Libla Industries Inc. of Poplar Bluff has received the 1991 Ozark Chapter Industrial Award from the Sierra Club.

In presenting the award, the chapter recognized David W. Libla, chairman and chief executive of the company, for his innovative efforts in establishing First National Pallet Rental Inc. in St. Louis.

Libla's new concept encourages reuse of pallets between 20 and 30 times, with proper maintenance and repair, rather than one-time use. It reduces the amount of hardwoods used in pallet production by as much as 80 percent, said a spokesman.

Once pallets are beyond repair they are recycled, creating products such as fuel, animal bedding and shrubbery mulch.

Libla was recognized earlier this year as 1991 Missouri Small, Business Person of the Year. He founded Libla Industries in 1973 at Greenville as a pallet brokerage firm. Today, Libla Industries and its affiliates, all Missouri-based corporations, generate annual sales of more than $30 million.

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"Commercial Insurance and Risk Management" will be the topic of a small-business management seminar Wednesday from 8 a.m. to 10 a.m. at the Southeast Missouri State University Center.

Boatmen's Bank, Southeast Missouri State's Small Business Development Center and the Cape Girardeau Area Vocational-Technical School are co-sponsoring the seminar.

John Brandt of Consolidated Insurance Inc. will be guest speaker. The seminar is designed for owners and managers of businesses with five to 50 employees. Cost of the seminar is $20.

Additional information is available by calling 334-0826.