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View Sample Pages : Kokomo Tribune, June 04, 1994

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Kokomo Tribune (Newspaper) - June 4, 1994, Kokomo, Indiana Pacers head back to New York KOKOMO Vol 143 No 271 Kokomo Ind Saturday June 4 1994 50 cents Mansion mulch Steve Causey of Salsbery Landscaping spreads hardwood mulch around flowers Thursday in front of the Seiberling Mansion Also listed as the Howard County Historical Museum at 1200 W Sycamore the Victo rian mansion was built in March 1891 for The home financed by gas boom industrialist Monroe Seiberling is considered one of Kokomos major treasures Tribune photo by Brian Reynolds Cuts dig into local Haynes work force Company lays off 20 managers in Kokomo Will North listen to threats Lugar says danger is real in Korea By CATHARINE FERNANDO Tribune staff writer President Clintons lack of credi bility on recent foreign crises may lead the communist regime of North Korea to disregard the threats of sanctions or military action by the United said Sen Richard Lugar RInd Lugar reiterated the seriousness of the Korean situation during a discussion with the Kokomo Tri bune editorial board in Kokomo Friday Lugar is considered an expert on foreign affairs Without being too partisan I have to say that part of our dilem ma is that our president has been all over the place on Somalia Haiti Bosnia Whatever option it is he has five different Lugar said Now were depending on Kim II Sung North Koreas who barely knows us who has been almost out of communica tion to believe that on this issue the president is absolutely credi ble And that is what worries me a North Korea has been given any number of warnings for not allow ing the International Atomic Ener gy Agency to inspect its nuclear reactor Friday the United States was conferring with Russia China South Korea and Japan to call for a resolution to impose sanc tions against North Korea after inspectors found that North Korea had erased vital evidence about its nuclear weapons capability Lugar said the public is still unaware that the risk of a war breaking out in Korea is very high I think the word is not out By DAVE PHILLIPS Tribune staff writer Haynes Internationa Inc has undergone another round of downsizing cutting 10 percent of its salaried workforce worldwide Company officials disclosed Fri day The cuts made a week ago included about 20 managers and executives based at the companys Kokomo headquarters Layoffs were also made at Haynes opera tions in Arcadia Opensnaw England France and Zurich Switzerland as well as several service centers worldwide Were reegineering the corpo said Dennis Acuncms vice president of sales and mar keting for Haynes With these changes we expect to be in a better position to take advantage of opportunities now and in the Haynes a manufacturer of cor rosionresistant and hightemper ature alloys has been under tremendous pressure for lowcost competitors Many of its key mar kets aerospace and chemical processing remain depressed The company has trimmed more than 20 percent of its workforce in recent years to reflect declining sales Revenues topped mil lion in 1991 and are expected to be around million for the 12 months ended Sept 30 The com pany had 1993 sales of mil lion The markets are still fairly Acuncius said A few months ago we saw a slight rebound added some hourly workers but the markets have gone flat on us Since the early 1990s when Haynes worldwide employment topped more than the com pany has reduced payrolls by 20 percent The latest cutbacks are the first under Michael Austin who replaced Paul Triano as president and chief executive pfficer in August 1993 Thpse terminated received one quarter of a months salary per year of employment and any earned vacation pay Acuncius said The reductions will leave Haynes with about 870 workers worldwide Industry observers believe Haynes and other specialty metals makers must still rationalize pro duction capacity in a period of slow industrial growth and declining defense spending We have more production than demand required for our prod acknowledged Acuncius The peace dividend and poor performance of the airline indus try has hurt Acuncius said Haynes board of directors which met in Indi anapolis this week to hear man agements new strategic plan has no plans to sell the company At this particular time we dont see any more he added We think the market is going to pick up in the next Acuncius added that Haynes has received orders from a com petitor strikeridden Allegheny Ludlum Sen Richard Lugar strong he said People dont nave an idea of the risks that are out there and how much their lives and their arguments could The American people should be told about resupply plans if the North attacks the South and the American troops based there are engaged in combat he said My advice to thepresident and the secretary of State Warren Christopher is that they ought to make a lot more of that Lugar said The credibility of the government made visible to North Korea and the world is the best antidote of that war not The latest situation was instigat ed by North Korea which on Thursday said it could not guar antee that its nuclear safeguards are in place If war should break out on the Korean peninsula Lugar said We wont be talking about health care around here at public meet ings Were going to be talking about the Americans who lost their lives and whos responsible for that and why werent we alert In the case of the Gulf War Iraqs Saddam Hussein underesti mated the American resolve on protecting Kuwait Lugar said He knew that former Presi dent George Bush was firm but he didnt think that Bush had the Lugar said But with Kim II Sung Lugar said Were just out of touch with them and this is just very worri some even though the president stood on the DMZ demilitarized zone between North and South Korea last summer and said an attack on them South Korea is an attack on the United North Korea has maintained that sanctions would violate the 1953 Korean War armistice and would be an act of war intelligence maintains that North Korea probably has the capacity to build four nuclear weapons But even sanctions have to be targeted at a point where they hurt the most for them to be effec tive As Lugar said North Korea has been isolated and done without many of the comforts for many years Merely withholding West ern necessities will have little effect However if Japan could control the estimated billion sent home to Korean relatives by some nationals living in Japan it would be a severe not intimidated WASHINGTON AP Threats by North Korea will not intimi date the United States and its allies as they explore punitive eco nomic sanctions against the Pyongyang government a senior official said Friday North Korea has warned it would consider sanctions which the Clinton administration is now aggressively seeking an act of war In heated talks with South Korea the North once threatened that Seoul would become a sea of though the threat later was retracted The United States began inten sive consultations Friday with South Korea Japan and Russia on how to retaliate for North Koreas removal of vital evidence about its nuclear weapons capability The talks explored a range of options from a full cutoff of trade to milder measures We will not be intimidated by Assistant Secretary of State Robert L Gallucci said We dont think the international community will be intimidated by And yet emphasizing the situa tion was serious Gallucci also told reporters There are a lot of lives at stake if this situation gets out of He began the consultations with Kim Sam Hoon South Koreas special nuclear envoy who in an exchange with reporters seemed resolute We tried to resolve this through dialogue but the North Korean response was not a posi tive Kim said We need a basis for the continuation of dia logue We think the basis has been destroyed We need to discuss alternative Close call Kokomo firefighters extinguish a blaze Friday at Helms Ser vice 804 E Markland Ave Selena M Burns 16 1606 N Lindsay struck a pump at the station just after 7 with a brown 1985 Pontiac Bonneville Kokomo police Spec David Galloway said Burns was gassing up a car for the first time and was trying to get as close to the pump as possible The fire was contained to the pump area and the right front of the car No injuries were reported Tribune photo by Anne Farrar Inside todays Kokomo Tribune Local Why was the driver of a cov ered wagon horsing around in Peru Friday Page A2 Also inside Classified Dr Local News of ;