Business Briefs

Reported by Star-Bulletin staff & wire

Monday, June 10, 1996


Group to show support for military in Hawaii

A delegation of state government officials and business leaders is headed to Washington to show support for the military's presence in Hawaii.

William Paty of the Chamber of Commerce's Military Affairs Council says it's important to talk directly with the Pentagon and Congress.

The delegation has been making the visit to Washington for 10 years and while there are no ways to measure its effect, Paty points to the fact that Hawaii continues to gain in its number of military deployments while the Pentagon reduces the overall size of the military.

Others scheduled to depart on Monday for Washington include AT&T Hawaii executive Kenneth Sandefur; retired Navy Adm. Ronald Hays of the Military Affairs Council; and Maj. Gen. Edward Richardson, the state adjutant general.



Volunteers offer help to isle entrepreneurs

Entrepreneurs who have just started small businesses or are thinking about doing so can get free help from experienced business people in open house counseling sessions on the second Tuesday of each month.

Representatives of the Service Corps of Retired Executives, a volunteer group partly sponsored by the U.S. Small Business Administration, will meet with clients one-on-one on a first-come, first-served basis.

The assistance is offered on a walk-in basis from 10 a.m. to 3 p.m. at the Business Information and Counseling Center, Suite 1030, 130 Merchant St. The next open house is Tuesday. Interested persons can phone 522-8130 for information.

Sally Dugger, coordinator of the local chapter of SCORE, said the group is getting many requests for help from small business operators who can't always come in at a specific time.



Kellogg cuts cereal prices

DETROIT - Kellogg Co. announced price cuts on Monday averaging 19 percent on popular cereal brands like Frosted Flakes and Froot Loops following moves by a competitor earlier this year that slashed prices on many brands.

"It responds mainly to consumer expectations," Kellogg Chairman Arnold Langbo said.

The price cuts, which Langbo said should show up on U.S. store shelves in a couple of weeks, include 27 percent on Froot Loops; 22 percent on Frosted Mini-Wheats; and 18 percent on Frosted Flakes. The cuts affect 16 Kellogg products, about two-thirds of its U.S. cereal business, Langbo said.

Earlier this year, Philip Morris Cos. cut prices on its Post and Nabisco brand cereals in an effort to boost market share in the $9 billion industry. The Post cuts averaged about 20 percent.



For more local, national and international business news,
see the Hawaii Inc. section in today's Honolulu Star-Bulletin.




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