Midwest Metal employees reject union representation in NLRB vote
Eligible workers at Midwest Metal Products in Iowa voted 38 to 17 against Teamsters Local 238 after a Tuesday election in which 55 employees participated. The firm fabrics metal parts for Eastern Iowa manufacturers. Plymouth Office Products to operate after King King Visibles buys Plymouth Rubber unit. vessels expand to Muscatine Providence and Santa Fe Springs. no plants purchased. Coca-Cola forms Moscow joint venture Coca-Cola Refreshments Moscow with the city, investing 12 million dollars into the operation.
MENTIONED IN THIS ARTICLE
Midwest Metal Products Inc
66Th Ave
Teamsters & Truck Drivers Union
National Labor Relations Board
Midwest Metal
Midwest Metals
King King Visibles Inc
Hon Industries
Muscatine
Plymouth Rubber Co. Inc
Canton
Mass
Plymouth Office Products
King King Visibles
Providence
R.I
Santa Fe Springs
Calif
Plymouth
Atlanta
Coca-Cola Co
Moscow
Russia
Coke
Coca-Cola
IBM posts 1991 loss as costs overshadow revenue drop
IBM reports a 1991 net loss of 2.8 billion dollars, its first annual deficit, due to 5.7 billion dollars in retiree health care and cost cutting charges. Revenue falls 6.1 percent to 64.8 billion as John Akers cites weak economy and competitive pressures.
MENTIONED IN THIS ARTICLE
New York
IBM
International Business Machines Corp
John Akers
Apple Computer Inc
Akers
Armonk
N.Y
Iowa City Leads Iowa in Home Price Gains in 1991
The Iowa Association of Realtors reports 1991 median home prices rose statewide to 56 318 with Iowa City posting a state high of 78 717 up from 73 297 last year. Statewide sales dipped to 19 885 with housing stock tightening across Cedar Rapids Iowa City and other cities.
MENTIONED IN THIS ARTICLE
Ly George C. Ford Gazette
Iowa
Iowa Association of Realtors
Iowa City
Cedar Rapids
J.R. Stradt
Gay's Locker fights foreclosure. aims to work out with bank
Fourth generation owner Michael Gay of Gay's Locker and Meat Market says the Iowa City business will stay open and hopes to negotiate with the bank to avoid foreclosure after a foreclosure filing by Iowa State Bank and Trust Co. The note lists W. A. Gay and Co. Inc. and defendants including Michael Timothy and Richard Gay and the city. The firm owed $678,287 as of January 3 with daily interest accrual. The locker plant rebuilt after a 1988 fire that caused a 12 block evacuation and $300,000 in losses.
MENTIONED IN THIS ARTICLE
Iowa City
Michael Gay
Gay’s Locker and Meat Market
Waterfront Dr
Iowa State Bank and Trust Co
W. A. Gay and Co. Inc
Timothy Gay
Richard Gay
City of
Gay’s
The
Gay Locker Co
W. A. Gay
Hancher Auditorium
Iowa City Area
Rockwell reports dip in first quarter 1992 earnings and sales
Rockwell International Corp reports net income of 123.3 million for the quarter ended Dec. 31, down 13 percent from 141.5 million a year earlier. Sales declined to 2.6 billion from 2.9 billion as weak global economy hit electronics, avionics, and graphic systems units.
MENTIONED IN THIS ARTICLE
Rockwell International Corp
Iowa
Seal Beach
Calif
Rockwell
Cedar Rapids
Coralville
Allen-Bradley
Allen Bradley
Avionics
Graphic
Automotive
Fairfield
Stocks rise to new highs as Dow gains extend weekly advance
The Dow Jones Industrial Average climbed 15.43 to 3,264.98 as the market posted gains despite uncertain recovery prospects. Volume on the New York Stock Exchange reached about 284.56 million shares with 14 of 28 Eastern Iowa stocks up, and broad optimism tempered by mixed earnings data and a Fed capacity report.
MENTIONED IN THIS ARTICLE
Associated Press and Gazette
New York Stock Exchange
Iowa
Raytheon
United Technologies
United Fire
Equitable of
Procter & Gamble
Amer T&t
Stock Exchange
Intel
Amex
Standard & Poor's Utilities
Amer
Also Mentioned on This Page
Hon
Massachusetts
Stradt
Gay
Hancher
Gazette
Lisa Powell
Donald Beall
Federal Reserve
Treasury
Soelkers Office Products
7Th Ave
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