The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

_ Poised for profitability PAGE 26 â€" WATERLOO CHARONICLE, WEDNESDAY MaAY #, 1988 â€" The recent installation of additional bottling equipment and storage faciliâ€" ties will increase the brewery‘s annuâ€" al production capacity to 427,000 cases â€" eight times its original capacâ€" ity. This, in turn, will enable the brewâ€" ery to distribute its Brick Premium Lager and Red Baron brands to more NEW CAR DEALERS This is likely one of the better sources to look for good used vehicles, the likes of which would be hard to Brick Brewing Co. Ltd. of Waterioo is poised for growth â€" and improved That‘s the message for shareholders prior to the young company‘s June 9 areas of Ontario. part of the new car dealer‘s inventory by being traded in on the new ones. The new car dealer‘s service faciliâ€" ties are ready and available to do all the necessary reconditioning or warâ€" ranty work right on the premises. Most new car dealers offer a used vehicle warranty on eligible vehicles. The new car dealer‘s large capital investment alone is an assurance that the dealer‘s commitment to maintain sound customer relations will be met. The other side of the coin is the fact that the new car dealer‘s used vehicle prices are apt to be fairly high. USED CAR DEALERS Used car dealers generally buy their vehicles from auctions, leasing or This warranty system is generally administered by the manufacturers who supply the dealer‘s new vehicles and all dealers selling the same make of car will honor this warranty whereâ€" ever you happen to have a warranty rental companies, new car dealers or from private owners. It is reasonable vehicles will have relatively hi mileage. Correspondingly, the prices will tend to be lower. Brick Brewing Company makes moves to strengthen Chartered accountants give to university The Institute of Chartered Accountants of Ontario (ICAO) has pledged $250,000 in support of a fund raising campaign now under way on behalf of the University of Waterloo‘s School of Accountancy. The Some places to look to purchase used cars â€"LS C5RK) N 000 To deal with the anticipated growth, the company has strengthened its management team, said Brickman. Jack Massey, former director of brewing operations for Carling O‘Keefe, who was hired last year as director of brewing, has been apâ€" Carling O‘Keefe employee with 45 years in the brewing industry, has been appointed ‘directer of quality ‘Their experience will be a valuable asset to Brick at this stage of our He announced that 1987 sales rose to $2.5 million, almost double those of the year previous, which totalled $1.3 The average used car dealer‘s serâ€" vice facility is likely to be a limitedâ€" scale operation. Consequently, his ability to recondition a used vehicle or deal with warranty problems will also be limited â€" even if he is willing to satisfy his customer. The used vehicle warranty he will be offering is likely to be adminis The coverage is probably going to be less comprehensive and the approvals LEASING AND RENTAL COMPANIES A number of large leasing compaâ€" nies sell their own terminated lease vehicles. Many of these are late models, well equipped. Chances are most of them will have accumulated higher than average mileage and their maintenance has likely been REPOSSESSIONS Banks periodically must dispose of repossessed vehicles. They do this by offering them for sale to the highest bidder on an "AS IS â€" WHERE IS" On The Road Charles Plhak money will provide a base for the funding required to endow a chartered accountancy chair at the school. The $250,000 will be contributed over a five year period. A cheque for the first installment was recently presented to UW President Douglas Wright by Don Beach, FCA, the president of ICAO. PARTICIPATE IN ANY PHYSICAL ACTIVITY THAT MAKES YOUR HEART BEAT FASTER â€" WALKING, CYCLING, SWIMMING, ETC., FOR 15 CONTINUOUS MINUTES AND THEN REGISTER YOUR PARTICIPATION ON Wednesday, May 25, 1988 Waterloo Town Square â€" Your Participaction Headquarters million. Despite this, the company had an operating loss of $235,000 ($470,000 after depreciation). A targeted profit in the last quarter of the 1987 fiscal year was not achieved because of delays in completâ€" ing the bottling expansion, he said. ever we sell it," he said. ‘‘The trouble is we‘ve been restricted in where we can sell it by our limited production Brick Brewing Co. Ltd. was started by Brickman and a small group of local investors in November 1984. A King Street South factory in Waterloo was converted into a brewery estabâ€" lished to, as Brickman puts it, "to basis. The average consumer, if faced with this type of situation should get professional assistance to look the vehicle over before bidding. PRIVATE OWNER About half of all used vehicles sold come from this source. To buy a good used vehicle from a private owner can be time consuming, unless a series of questions over the telephone can provide answers as to the vehicle condition, mileage, number of owners, present state of financing, etc. To ensure that no liens are regis tered against the vehicle is vitally important to avoid possible future contest of ownership or even a loss of the vehicle. The prospective buyer should not fail to ask his bank or any other lending institution he deals with to check the vehicle for a clear No purchase from a private source carries any warranty. The prospective buyer is on his own to ensure he is getting his money‘s worth. Our next column will take the reader through the buyer‘s inspection of a used vehicle. DO IT AND DIAL IT 888â€"7700 until 11 p.m. serve the region with a good ‘beer." Another 10 or 15 stores will be Additional brands were introduced added in the Toronto area and stores â€" special Christmas and Easter Bock in Ottawa, Kingston and Belleville beers and last year, Red Baron, a will soon begin stocking Brick beer as mainstream Canadian beer selling at the market area expands. ngrpieu The expansion will result in a brewery has expanded four modest increase in sales and distribuâ€" times to meet the demand, which tion staff, said Brickman. grew significantly after Brick beer _ The company went public in late began to be sold by Brewers Retail 1986, when one million shares were outlets. At the end of the last fiscal quickly bought by investors. Investor year (January 1987), Brick products funds were used to retire debt and to were sold in 95 Brewers Retail stores. firl@®éF expansion. With the increased production caâ€" _ "Our sales were lower than forecast pacity now in place, Brickman says in the last quarter of 1987," said this will grow to 160 stores in the Brickman, "but now we‘re ready to , out of a total of 475 in VICKERS "Our sales were lower than forecast in the last quarter of 1987," said Brickman, "but now we‘re ready to grow to meet the market potential we know is there." Waterioo PaRTIcIPaction i . CHALLENGE