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HomeMy WebLinkAbout2012 Jul 08 - Cape Cod Times Article: "Air meets water"k-,uu 1 trries VV(111 JU CCl .)UUI 1101 Write to know Classified USINE.SS & FINANCE ,odonime.com :_lbacle ys out slow _otion e a slow-moving wreck. Defined - it pensions in both -ivate and public •e heading for stern days. So are retiree nefits. Pensions and nefits, which retir- ; from industry and overnment have long lepended on, no lon- er can be. We've already seen it in the airline industry. In 2007, Delta's pilots had their pensions cut when Delta emerged from bankruptcy. AMR Corp., American Airlines, in bankruptcy, tried to ur of its pension plans. on Benefit Guaranty .S. government pen- ance agency, thwarted three of the pensions I, while AMR negoti- iurth with their pilots. ato industry, General A Chrysler, both of lared bankruptcy, are with their pension s. Delphi, a former of GM, which also ankruptcy, saw its pen - its cut when it turned iC in 2009. Falls, R.I.; North Las v.; and three cities in - Stockton, San Jose ►iego - are among a f municipalities that i or are taking action pensions. Harrisburg, etroit are in deep rasions in the states California, NewYork is, among others, are uble. So far, 43 states to cut retiree costs. deal of the problem led from a stock at was flat for the the 2000s. Meanwhile, me yields have fallen sly for four years. And still be a couple of Y. ion plans that rou- ated on 8 percent total mual returns on their .tnds, in some cases as >ercent, have had to ck expectations. Many that only slowly - and mrealistically. Oth- Iving back projected 7 percent a year, ;s. Regardless, the in expected returns ie amount that's for each pension fund. orae plans are invest- )propriately risky ;s, like hedge funds, uity funds, and lower Net investment Go to www.capecodonline.com/ business to get up-to-date quotes for stocks and mutuals, day or night. INSIDE Basket of groceries Market Basket joins our monthly comparison of prices for supermarket staples. E2 SUNDAY, JULY 8, 2012 C9 1 E6 E7 Editor: Bryan Lantz, 508-862-1220 blantz @capecodonline. corn Fax: 508-771-3292 Hot sauce From a humble start, Stubb's barbecue sauce grows into a Texas -sized success story. E6 SARAH CROSBY PHOTOS/CAPE C00 TIMES George Clark of Avon high -fives other children as he flies down a water slide at Cape Cod Inflatable Water Park in West Yarmouth. 11 The Cape Cod Inflatable Water Park features more than 20 rides. At right, Dana Goodwin of Bellingham takes a turn on the largest water slide, the 35 -foot -high Aqua Chute. Inflatable water park opens in West Yarmouth, building on success of 'dry' Dennis location i nnK VVHn'C HFRF By PAIGE GANCE pgance@capecodoniine.com EST YARMOUTH - A year ago, the Cape Cod Inflatable Park unleashed towering, air-filled dinosaurs and other fearsome creatures on South Dennis, and now the same owners have opened an inflatable water park in West Yarmouth. Joe Marrama and Mike Salvi both said the `dry' park was so successful last summer that they added the water park and expanded operation into the shoulder season. Mar- rama said both parks opened June 23 this year. The water park will run through Labor Day and the dry park through Columbus Day. Last summer, the dry park opened on July 4 and closed by the end of August. see WATER PARK, page 2 SUPERMARKET PRICES The Cape's first Market Basket opened in Sagamore on had heard rumors of its low prices. June 19, and it was met with an eager crowd. Customers We added Market Basket to our monthly supermarket price f� showed up as early as 5 a.m. to check out the new store. comparison to see if the rumors are true. In our list of staples, 4. A loyal Cape Cod fan base had previously shopped the new store edged out Stop & Shop by a few dollars, but this at the chain's New Bedford store, which used to be the closest week was distorted by many sales for the July 4 holiday. Market Basket to the Cape. Those new to the store said they PAIGE GANCE Stop & I Friends Windfall Market I i Star Market, Shop, South Star Market, i Marketplace, 1 Market, Roche Bros., ; Basket, za Hyannis Yarmouth Harwich Orleans ( Falmouth Mashpee Sagamore Ii of Garelick Farms milk $4.99 $2.99* $4.99 $4.39 $4.79 $3.69* $2.99 I large brown eggs, store brand $1.49 $1.39 $1.99 $2.19 $2.29 $1.39 $1.49 r, four sticks, store brand $2.50 $2.50 $2.49* $3.59 $3.49 i $2.50* $1.99 Cola, 2-1111ter bottle $1.79 $1.50* $1.79 1 $1.79 $1.99 $1.50* ! $1.50 I Spray cranberry juice cocktail, 64 oz. $3.49** $2.00* $3.49** $4.29 $4.39 $3.29 $2.00* ell House canned coffee, regular, 1i.5 oz. $4.49 $3.49 $4.49 $4.99 $5.89 $4.49 $3.49 $1.39 $0.99 $1.39 i n/a n/a . $1.39 ! $0.99 ►f white bread, store brand, 20 oz. i spaghetti, 16 oz. box $1.00* ! $1.00* $1.00* $1.79$1.79 $1.79 I $1.25 sauce, 24 oz. jar $2.79 $1.66* $2.79 I $2.00* $2.99 $2.00* $1.25 I Cod potato chips, 8.5 oz. bag j $2.50* $2.50* $2.50* $3.79 $3.79 I $3.00* $2.50* I j Ig's Cornflakes, 12 oz. box $3.49 1 $2.50 ` $3.49 $3.79 $3.99 $3.19 $2.50 :ana Pure Premium orange juice, 59 oz. $3.00* $2.99 $3.00* $4.59 $4.99 $3.50* $3.19 I I � Id beef 85 percent lean, per pound $3.09 $3.99* $3.69 I $3.99 $4.89 $4.49* $3.49 of iceberg lettuce $1.79 $1.99 $1.79 $1.99 $1.99 i $1.99 $0.99 i ketchup, 36 to 40 oz. bottle $2.00* $2.50* $2.00* $2.49* $3.89 $3.39 $2.00* Nonth's Total $47.02 $39.74 $46.82 $48.66 j $49.76 j $43.36 n/a le from last month -$7.22 $5.75 -$2.99 $1.40 E -$1.76 n/a tem **Buy one, get one free Compiled by PAIGE GANCE Farmers feeling the heat Water Park: Getting air in Yarmouth from Et "We're thrilled to have a new amenity for our residents and our visitors, particularly young families," said Yar- mouth Area Chamber of Com- merce director Bob Dubois. He added that it was nice to a see a dormant property, refer- ring to the Water Slide Beach Motel, brought back to life. The motel adjacent to the water park opened two weeks ago after almost two years of dormancy. The building used to house the Irish Village motel, now located further down Route 28 at the former Gull Wing Suites. The Irish Village and Water Slide Beach Motel are under the same ownership. Melissa Carvajal from Bos- ton came to the water park with her sisters, and they have nine kids between the four of them. Carvajal said, "We get a chance to talk while the kids play, it's safe because it's just balloons and sand " The 35 -foot -high, 180 -foot - long Aqua Chute dominates the middle of the Cape Cod Inflatable Water Park. When asked what her favorite ride was Carvajal's daughter Dan- iella, 6, pointed emphatically at the Aqua Chute and said "the big one." Tim Houli and his daugh- ters Aubrey, 7, and Rowan, 4, live a mile away from the water park and he said they planned on visiting often. "It's a fun, safe environment," Houli said, "It's hard for them to get hurt or lost, especially with the fence." Th b h t 1 ff :he Midwest bakes e cat, mo e o ers packages including discount �arly drought and i access to the water park. I, The water park costs $15 for -digit temperatures, kids shorter than 42 inches and hope combine tall and $18 for taller kids. A 1 ` "park hopper" pass for $25 is over crops. good for a day at each park. Adults and other "non- GEORGINA GUSTIN I ;` f �, riders" get into both parks for T. LOUIS POST -DISPATCH I :AU'.S - As Midwestern ! ddd I ` ) The water park and bakes under days ntless heat, farmers are costs $15 for kids something they are well, �medto: hoping. ASS �' f%'�� shorter than 42 is crop growth slows andk+ ` i inches tall and g pastures turn brittle, '.,; . Lre looking to the rainless $18 for taller vith a building sense of while watching a grow- kids. A "park Ison - expected to be one f / :{` = ' best on record - evapo- - ,-� hopper pass for the blazing sun. - �`- � � � , -� _ -� - _ rybody's pretty bummed . •_:: ; _ ,�k ;. a i®' ��` �-�t . ' i $25 is good for a ght now," said Brenda ,` r wry, who sells insurance '° ;� ,. , �. � � `� � ., u�y' =y day at each park. hers across the Midwest. re all really down." Ifall across parts of the free. Most of the parents can st is well below average, ERIK M. LUNSFORD/ST. LOUIS POST DISPATCH be found lounging on beach little relief to already Corn In Belleville, Ill., suffers in parched ground as drought conditions threaten the upcoming harvest at local farms. Farmer Greg chairs off to the side at the 'd soil that saw little Guenther said the plant goes Into a "defensive mode" when It rolls its own leaves, reducing the surface area to the sun and protecting water park. Ire over the mild, virtu- its remaining moisture. The water park also .iow-free winter. April, includes the Shark Tank nd June are among the Wm. Nobbe & Co., a John Deere early as you can, then it tassels cant yield potential in the hard- "This drought and heat is arcade in conjunction with -st months on record, dealership in Scott City, Mo., and sets its ears before the heat est hit areas, and that's prob- coming so early," said Eddie Ryan Family Amusements. ttle cooling air in sight. where drought conditions are of summer," said Greg Guen- ably brought our national yield Hamill, the executive director of and the Shark Bites restau- if southern Missouri, Illi- among the state's worst."But as ther, a corn and soybean grower potential down," said Darrel the state's Farm Service Agency. rant. Marrama said there's a .entucky and Indiana are far as drought, I've. never seen from Belleville, Ill. "I planted Good, an agricultural economist "There's really no crop there to staff of about 100 between the `extreme" drought condi- one this early, and I've never around the 15th of April, and with the University of Illinois. evaluate at this time." two parks, with 25 attendants seen it this bad." it's about six feet tall. In a nor- "People are beginning to think Insurers are reporting a flood working at the water park in L is curling and too short. For the nation's corn crop mal year, it'd be 10 feet tall." sub-150"bushels an acre. of calls from farmers, check- any given shift. ans are struggling to - worth roughly $76.5 billion This year, taking advantage Dry conditions and drought ing on their policies to see how In opening the water park, D. Dairy cows aren't pro- last year - the weather is espe- of the early spring, corn grow- last year, particularly in the extensive their coverage is and Marrama and Salvi did not milk because it's too hot cially troubling. Because of ers across the country planted Southwest, meant that cattle when they need to isle claims."A ignore the year-old dry park. Cattle are being sold off the mild spring, many farmers across a near -record-breaking ranchers there were forced to lot of them are checking their "We added some more show - rd numbers because their planted their corn weeks ahead 95.9 million acres - to capital- scramble for hay - much of it file cabinets to see what kind of stoppers," said Marrama, can't afford, or find, hay of schedule on a record -high ize on high prices and high from Missouri, which ranks policies they have,"Hamill said. "And interactive games to :ure. number of acres. Now, the crop demand. The U.S. Department second in the country in for- In the meantime, farmers are attract the older kids." seen tough times. I've is being whacked with extreme of Agriculture predicted yields age production. But now, with relying on nature and a little bit Salvi said the dry park on oods; I've seen droughts; heat at a critical pollination of about 166 bushels an acre pasture land here burning up, of optimism to save the season. Theophilus Smith Road has at een diseases in crops. stage when the plants set ears. - a record - but the weather is producers are turning to their "That's the nature of farming," least 15 new rides. As for the