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JAMES R.RULSEH m*$*z - .. J%* PAGE 20 - PLAINDEALER • WEDNESDAY. MARCH ». 1983 % Here And There In Business Lenco Electronics Expansion Begins Ten local and state dignitaries look part in the $750,000 expansion project of Lenco Electronics, in the Tonyan Industrial park. From left to right are Clint Claypool, McHenry County board chairman; William Bolger, McHenry Economic Development committee director; William Hubbard, county economic development committee; Dean Cunat, county economic development committee; Joseph Stanek, McHenry mayor; Nick Samaras, Lenco vice- president; Al Moltrum, Illinois Department of Commerce and Community Affairs; Len Duncan, Lenco president; Robert Tonyan, William Tonyan it Sons, Inc. general contractors; and Al Jourdan, McHenry county auditor. STAFF PHOTO-WAYNE GAYLORD ••T.J. Hoeh In World Who's Who He is married Krebeck. . Theodore J. Hoeh of Crystal Lake, M&on of Barbara (Dittrick) Hoeh of 819 Wiltshire drive, McHenry, has been included in the most recent publication of "Who's Who in the World". '.""An insurance company executive, lg?was elected last year to a four-year term as a director of Kemper In- " ternational Insurance Co., Long OGfove. "in 1978 the young man was ap- 4>ointed assistant general manager '<*hd vice-president of Kemper "Management Co., Seven Continents -^apurance Co., and Kemper Rein­ surance (Bermuda) Ltd. ' •.•In 1981 he was named vice-president ~ Of Kemper International Insurance Co., and moved from Bermuda to personnel Kemperfs xdidtninprs duties as manager of the home office international department. He has a Bachelor's degree from DePaul university and a Master's degree from Loyola university. Promoted To Plant Manager to Patricia Ann AT DRYCLEANERS MEETING Don Howard, of Mr. Don's Cleaners, McHenry, find 120 drycleaners and launderers met for their first regional Illinois State Fabricare Association (ISFA) open house and program of the year. An evening program featured Al Graham of the In­ ternational Fabricare institute, the world-wide association of launderers and drycleaners, who used a videotape training film to discuss techniques available to counter personnel in handling drycleaning .XJJW'i. WU McHENRY OPTICIANS Riverside Dr ive McHenry, I l l inois 1301 Riverside Dr ive A< ross From The Fox Hole 385-9240 Glasses madn while you watt I (Single vision plostic only) Over 1,000 First Quality Metal or Plostic Fromes Kid'5 C m m Frames * I 3' Metal or Plastic Visit Our Boutique Designer Section CITIZENS FREE FRAME WITH PURCHASE OF LENSES E M E R G E N C Y R F P A I R S & F R A M E R E P L A C E M E N T (815) 385-9240 DAILY 8 :30-5 :30 SAT. 8 :30 3 WED. 8 :30 1 James R. Rulseh has been promoted to plant manager of Modine's McHenry aluminum heat exchanger plant. Rulseh joined Modine in 1977 at Racine corporate headquarters as an automotive engineer and was promoted to design engineer one year later. In 1979, he was promoted and transferred to the McHenry plant as manufacturing engineering super­ visor. In 1981, he was promoted to plant superintendent. Modine's McHenry plant manufactures automotive air- conditioning condensers, evaporators, and oil coolers for customers in the United States, Canada, and Europe. New Owners For White Hen Pantry New owners of McHenry's White Hen Pantry are Pat and Cindi Smith, who are planning a special event Saturday, March 26, at 2 p.m. The store, located at 4802 N. Elm, deals in dry groceries, deli products, health and beauty aids and bakery goods, among other offerings. JIM ADAMS AUTO BODY GETS NEW PULLING MACHINE With the purchase of a bench system used to straighten and restore cars that would appear to be "beyond repair". Jim Adams Auto Body in McHenry became the first McHenry County body shop to boast a "do it all" restoration pulling system designed for the newer, unibody style cars. According to Adams, newer cars are made of high- strength steel panels that are welded together into one piei- called "unibody" construction. With his new *25,000 pulling system, Adams said he will be able to straighten bent car bodies to within millimeters of original factory specifications. "Our new system made the difference being 100% right ail the time, or guessing most of the time", Adams said. "Our work has become more precise which keeps the customer from having to come back later for realignment work. The company which manufacturers the new bench of­ fers a one-week course in mastering the sophisticated equipment. Adams recently sent three of his employees. Jay Adams, general manager of the shop ea Route 120, Ed Ward and Ralph Narcaroti to Villa Park for the class. "With our new system, we are staying on top of the changing car industry. We are now equipped to repair cars many body shops shouldn't touch". Adams said. Ci Realtors Record By Yvonne Beer, Executive Officer, McHenry County Board of Realtors Hairdressers Meet Affiliate No. 47 of the Illinois Hairdressers & Cosmetologists association will hold its monthly meeting March 14 at the Ippolito Beauty school, 1216 E. Central road in Arlington Heights. The guest artist for the evening meeting, beginning at 7 p.m., will be Linda Grant, district technical trainier for Redken. The program will be a color program featuring the Chromatic theory of hair coloring. There will also be a slide presentation. Podiatry Office Opens In McHenry Dr. Martin Marks, podiatrist, has announced the opening of his professional practice at 1311N. Green in McHenry, and also in Crystal Lake. A Wheeling resident, Dr.* Marks .studied the medical and surgical treatment of the foot and ankle at the Illinois College of Podiatric Medicine and took his residency at American International hospital in Zion. Dr. Marks is a member of the American Podiatry association, the Illinois Podiatry association, the American Academy of Podiatric Surgery and the American Society of Podiatric Dermatology. He may be reached at 385-5669. Tops In Sales Bob Popovich and Dennis Drake, sales associates at Century 21 Care Real Estate, have achieved mem­ bership in the prestigious Century 21 1962 Million Dollar Achiever club. To become a member of the club, a sales associate must have listed and-or sold one million dollars' worth of properties. Century 21 Care Real Estate also announces that its office has received two awards from Century 21 of real Estate Corp. of Northern Illinois. The Office "Win Award" for sale of 20 units during the month of December and the Office "Win Award" for recording over $1,300,000 in sales for the month of December. By Yvonne Beer, Executive officer, McHenry County Board of Realtors Thinking of buying your first home now that interest rates are lower? Perhaps you should visit your local realtor to help you find answers to the many questions you may have as a first-time homebuyer. The first question you and your realtor will discuss is: "How much house can I comfortably afford?" The answer depends on two factors: (1) how much you can afford for your monthly housing costs and (2) how much you can afford to invest in a down payment. The monthly housing costs include the principal and in­ terest on the mortgage loan, property taxes, and homeowners' insurance. A few other fees like homeowner association dues, mortgage in­ surance, and condominium fees also need to be included for some homeowners. In general, lenders say monthly payments (your principal, interest, property taxes, and insurance) should not exceed 25 to 33 percent of your gross income. After figuring out what you can afford to pay each month, it will be to your advantage to shop around and compare interest rates and types of loans available at various financial institutions. What really makes a home affordable in today's market is the type of financing you can obtain, including seller-assisted financing. Now to consider the other factor in home affordability - the down payment. This can be zero in the case of a VA-backed loan or generally 20 to 30 percent of the purchase price in the case of a more conventional loan. The first logical source of money for your down payment, especially if you're a first-time homebuyer, is your savings account. / But there are other sources you can tap if your savings reserve isn't enough. Your parents may have considerable equity built up in their own homes and may be able to take out a "home equity loan". Then they can either loan that money to you, or give it to you as a gift. A tax-free gift of $10,000 from each parent is allowed by the federal government. Thus, you don't pay income tax on it and your parents won't pay federal gift tax either. Be prepared with a "gift- letter" to verify to your lender that your parents don't expect repayment. Other sources for your down payment include your life insurance, stocks and bonds, or company profit sharing or savings plan. You may be able to borrow from your insurance company if you've built up cash value on your policy. If you can't sell your stocks and bonds right now, you may be able to use your portfolio as security for a loan. In some instances you can also borrow or withdraw your profit sharing or savings plan money from your company, if such plans are available where you work. There may be penalties involved so be sure to do some thorough checking. Lower interest rates and a slower rate of home price appreciation make this a perfect time to consider buying your first home. Some preliminary planning may turn your dream house into a financial reality. McHenry Men Promoted NORMAN LOBITZ LEON FINNEY Two McHenry men have been promoted by T.C. Industries, Inc. Named general foreman, Quality Control, Processed Steel division at TC Industries, Inc., is Norman Lobitz. Lobltx has over 30 years with the company going back to Terra Cotta days when he was foreman of the Modeling department. He has been in the Processed Steel division over II years, where he gained experience in production machining and quality control. Lobitz is a veteran of the U.S. Army. Leon Finney of McHenry has been named superintendent of the Mill Products division of TC Industries, Inc. Also this month he is completing 25 years with the company, over 20 years of this in a supervisory capacity. In addition to his years of experience in this department, Finney has the Master award in Supervisory Development from the Midwest Industrial Management association. He is a veteran of the U.S. Army. Students Raise $1,135 For Special Olympics Fund LOTTERY WINNER Fortuno R. Tirado, 4311 Crystal Lake road, McHenry, won a $5,000 top prize in the Illinois Lottery's newest pick-your-own number game. Tirado picked a four-digit number for the ticket date when those four digits were randomly selected as the win­ ning number in a regularly scheduled drawing for the PICK 4 game. Students representing the Office Education association from McHenry East and West high school par­ ticipated in a benefit Bowl-A-Thon recently. Participants bowled two lines from 4 to 6 p.m. Funds collected from per- pin pledges are earmarked for the annual Illinois Special Olympics for retarded children and youth. "This is the first year at McHenry high school that th« OEA has par­ ticipated in the Special Olympics fund raising", said Beth Marcello, Office Education coordinator. The local chapter raised $1,135 in pledges. The McHenry chapter adopted this project five years after the parent National Office Education association made aid to the mentally handicapped a major public service goal. The following students par­ ticipated: Terri Abbink, Beth Bac- zkowski, Mary Bazan, Deanne Brooke, Bob Gende, Scott Grady, Jonnie Jo Huhn, Jenny Hunt, Caroline Irvin, Tina Lenzie, Lynne Podpora, Dow Read, Vic Romandine, Debbie Smith, Tracy Straga, Wendy Thurlwell, Tom True, Allyson Westgard, Gay Wright, and Alice Zelek. Business teachers who assisted in the event were Mr. Farrell, Mrs. Marcello and Mrs. Miller. YOUR 10 IMPROVE OPERATIONS? •OFFICE MANAGEMENT •INTERACTIVE ACCOUNTING SYSTEM •INSURANCE RATING SYSTEM •ATTORNEY'S TIME AND BILLING PACKAGE LetThe HENNIP COMPUTER GROUP For Your Needs Call (815)344-3133 SPECIALIZING IN: J ~ ^TekVideo Systems, Inc. McHenry] III.-- A patented invention now makes it possible for thousands of people to enjoy hearing again, yet it puts nothing in either ear, according to McHenry Hearing Aid Center. instead of forcing am­ plified sound through the impaired outer, or middle ear, it conducts sound smoothly through the mastoid process directly to the "hearing center", the inner earl This new bone-conduction meth­ od may prove to be the best way to hear next to nature's own ears. This Hearing Aid has NO but­ tons, NO tubes ̂ NO wires, NO bulky bat­ teries...Ideal for certain type of hearing losses. WEDNESDA^ 10 to 5 By Rob«rt Stonsland 3937 W. Main St. McHenry385-7661