Stackpole is positioning itself as ‘a leader in the multiâ€"billionâ€"dollar PM (powder metal) industry by offermg Chrysler, Ford, and General Motors material cost saving, parts and design involvement «deals they can‘t refuse. By 1995, â€" over 30 pounds of powder metal .components will replace forged steel in North American cars. »‘ Look under the hood of "Chrysler‘s new Neon and you‘ll find ‘Stackpole. "It‘s an assembly that keeps the belts in tension; as the (Vâ€" belts) expand, it takes up the slack so it‘s always tight around the pulâ€" ley," says Pataracchia. "We make ‘the oil pump for the Cadillac 4.9â€" "litre V8 engine. And we‘ll be makâ€" "ing the transmission pump for the new transmission plant GM is buildâ€" ing in Windsor." a «â€" "There‘s nothing magic about it," ‘Says president and chief operating bfficer, George Pataracchia. "The magic is in the net shape. And in the metallurgy." "Our idea is to get â€" in the first operation â€" close to the final configâ€" uration so that there is a minimum amount of machining." Stackpole uses its "magic powâ€" der" ferrous metal combinations to «"powderâ€"forge" parts in a process comparable to plastic injection molding. Known as "net shape" technology, metal powder is cast through compression and heat in a die which has as much of the final form as possible. Stackpole Ltd. has expanded to over 700 employees from six in 1977. Pataracchia says, "We‘ve ed design and manufacturing technology in powder metal alloys for engine and transmission parts from QOakvilleâ€"based Stackpole Ltd. The Big Three automakers are incorporating patentâ€" Stackpole Ltd. finds niche in lucrative auto parts market Powder power: ©1994 WEIGHT WATCHERS INTERNATIONAL, INC. Owner of the Weight Watchers trademark. All rights reserved Join Now For other locations, call 1â€"800â€"651â€"6000 Why not stop by today? The test won‘t cost you a penny. But it could save you something considerably more precious. Come into Weight Watchers now during our Open House and we‘ll determine your BMI. Free of charge or obligation. You‘ll learn whether you fall into one of the BMI risk categories due to being overweight. (If you‘re underweight and don‘t have to lose, BMI will tell you that, too.) JjOIIL NOW Visit our Centre and Save â€" Open Mon.â€"Fri. 9â€"9; Sat. 9â€"6 0 300 North Service Road West 33% For actual meeting times or more please call. The occasion: Open House Meetings to introduce you to the Body Mass Index (BML) scale â€" an established set of standards that just may make all the difference to your life... and your health. The place: Weight Watchers The time: September 12 to October 1st. His metallurgical engineering degree from the University ‘of Toronto and York University MBA work, helped focus and direct Stackpole‘s new technology. At 58, Pataracchia still faces 12â€" hour days at the Bristol Circle corâ€" porate office.The first public offerâ€" ing "road show" in May 1993 went well, he says. "We started in Vancouver, then Calgary, Winnipeg, Montreal, and Toronto. By the time we hit Montreal, the stock was pretâ€" ty well gone. Whoever bought it did okay. He says one advantage of focusâ€" ing on engines and transmissions is stability. "Our product is under the hood. Once we are into supplying an engine and transmission, we have, in fact, an annuity for ten years; we don‘t have to fight for the business every year, every time the model changes." Even with worldâ€"wide leading edge technology developed in the 1980s, Stackpole‘s powder metal issues remain the same â€" "Make progress or perish," says Pataracchia. been hiring right through the recesâ€" sion; rather than our sales diminishâ€" ing, they‘ve been increasing and our employment has increased. Think about 20% growth in sales, and somebody has to make the stuff." By 1997, sales are expected to be $150â€"million, with up to 6% of sales going to research and development, says Pataracchia. "All the RD is done in Canada. Our major owner in the States, who used to be our parent company, is not in this technology." Stackpole‘s George Pataracchia: maintaining a focus. THE OAKVILLE BEAVER Juct rakin? the (eaVeS~ ce 100 (Photo by Peter McCusker) PaRTICIPaCTIOn Preston Manning guest speake at Cdn. Club meeting tonight Financial seminars planned in Octobe The Canadian Club of Oakville officially opens its new seaso tongiht with Preston Manning, leader of The Reform Party of Canada. The meeting takes place at the Howard Johnson Hotel on Argu Road and starts with a cash bar at 6:15 p.m. with dinner to follow a 7:00 p.m. Anyone wishing further information may call Robert Logie, vice| pres. membership at 338â€"2667, club secretary Judie Preston at 845 2862 or club president Tom McCormack at 338â€"7148. The detail and thrust of the seminars is focused entirely on the needs 0| retired people. Each seminar is limited to eight persons. For reservations call Nicholas Godhey at 844â€"9712. Custom shutters â€" the perfect complement to your fine decor; ensuring privacy, light control natural insulation. California shutters in real wood, or virtualâ€" ly maintenance free vinyl can be very affordable... With our competition quotations we have your best installed price in mind... For QUALITY, VALUE SERVICE, call SHUTTERS ETC., Yearly membership costs are $35 for individuals or $49 for fami lies. Separate dinner fees are $20 for members and $25 for nonâ€"mem bers. Cheques are payable to: The Canadian Club of Oakville, x/o 30 Robinson St., Box 52148, Oakville Ont. L6J 7NS5. Nicholas Godhey of Thomas E. Jarvis Associates is hosting Financi: Seminars at The Granary Business Centre, 114 Lakeshore Road East 0 Oct. 4th and Oct. 18th. All seminars start at 10:30 a.m. Enjoy the beauty of SOUTHERNâ€"STYLE SHUTTERS USE OUR FRIENDLY SHOPâ€"ATâ€"HOME SERVICE © 1994 ArtPress International Gordon Pape is a financial author and broadcaster. On the Money provides general informaâ€" tion on money management. For specific advice, consult an appropriate financial professional Get out of savings accounts Interest rates rose in the first half of the year, but many financial institutions haven‘t followed suit by increasing the rate on savings accounts Most are still paying less than 1%. Daytime evening appointments welcome.. Model shutters, and sample colours, brought to your home... or office... choose in comfort without o bligation. PAPE‘S TIP: "If you have more than a few hundred dollars in a savings account, you‘re losing money." Money market funds (MMFs): Mutual funds that invest in highâ€"quality, shortâ€"term deposits, e.g. treasury bills. Low risk and easy to cash. Return will fluctuate and there is no guarantee. Can be bought with as little as $500. U.S. dollar MMFs: Invest in shortâ€"term securities denominated in U.S. dollars â€" providing some protection against a weak Canadian dollar. Good if you travel frequently to the United States. Cashable GICs or savings certificates: The banking industry‘s answer to Canada Savings Bonds. Interest guaranteed for a year. Minimum investment usually $1,000. Not as flexible as MMFs. Shortâ€"term deposits: These offer a higher interest rate, but require a larger investment. Minimum deposit $5,000. Terms up to a year. Note: MMFs are not covered by deposit insurance : lRTHRIGHT HOPEDALE MALL Monday â€" Thursday 11 a.m. â€" 5 p.m. Friday 11 a.m. â€" 2 p.m. Hotline: 8 a.m. â€" Midnight What better time to consider becoming a member of the Oakville Public Library Board of Trustees, than its 100th Anniversary Year? Learn more about how you can become a member of our Board of Trustees, at our REDISCOVER THE LIBRARY! INFORMATION NIGHT September 28, 1994 § 7:30 p.m. Glen Abbey Branch Library 1415 Third Line, in the Glen Abbey Recreation Centre call (905) 338â€"8678 SHUTTERS ETC., Everyone Welcome! serving the Oakville area to arrange a visit in YOUR home. For Excellent Real Estate service advice, just call JACKIE VAN‘T HULLENAAR AN INDEPENDENT MEMBER BROKER While you‘re at the bank... Check service charges on your chequing account. If you‘re spending too much for an interestâ€"bearing account, make some changes. Remember, interest is taxable, but service charges are not taxâ€"deductible. What they pay Jan. Savings account GRAPHICS SYNDICATE 1 1/9 §hon-_!grm eposi 190 dayLgert September 21, 19 Aug.