INGLES MARKETS PLANS CUT IN SPENDING

ASHEVILLE, N.C. -- Ingles Markets here plans to spend less than half of what it spent last year on new capital projects, the company said in its annual report.rnized facilities and technology." The fiscal 1999 capital budget is $75 million, compared with the $155.9 million Ingles spent last year to open 11 new stores while performing three major remodels and 10 minor ones.The company, which operates

ASHEVILLE, N.C. -- Ingles Markets here plans to spend less than half of what it spent last year on new capital projects, the company said in its annual report.

rnized facilities and technology." The fiscal 1999 capital budget is $75 million, compared with the $155.9 million Ingles spent last year to open 11 new stores while performing three major remodels and 10 minor ones.

The company, which operates 207 supermarkets in six Southern states, also acquired 11 stores from Bruno'

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