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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Oct 19, 2004
Page
7
A CDC report finds Americans gained 10 pounds per person in the 1990s. The extra weight led to 350 million more gallons of fuel used by airlines and about 275 million dollars in 2000 fuel costs. The rise also generated 3.8 million tons more CO2.
AK Steel Corp will receive a 150000 grant as part of a 65.7 million project to bring Middletown Works in line with approaching federal air pollution standards. The state says the plan should retain over 1000 jobs, following a January announcement by president James Wainscott and a March EPA agreement addressing emissions equipment upgrades.
London union officials said General Motors will reduce about 430 jobs at its British Vauxhall operation as part of Europe wide cutbacks. The move amounts to roughly 5.7 percent of the plant's workforce amid GM plans to shed 12,000 European positions by year end 2006 to save about 620 million dollars annually across Opel Vauxhall and Saab operations.
Mattel and Hasbro warned of softer fourth quarter results as consumers face higher fuel costs and economic unease. Mattel reported a 5.2 percent fall in third quarter profit with Barbie and Hot Wheels sales down, and Hasbro posted a near 2 percent quarterly revenue dip. Analysts had expected higher earnings for both firms.
The Coca Cola Co plans a January launch for Full Throttle a 16 ounce citrus flavored energy drink with ginseng guarana caffeine and B vitamins priced about 1.90 to 2. Coke targets young men ages 20 to 30 and aims to outperform its KMX energy drink. PepsiCo and Red Bull also compete in the sector.
Ford Motor Co will offer Sirius Satellite Radio as a dealer installed option on four more vehicles by year end and target up to 20 vehicle lines for factory installation for 2006 and 2007 models. Sirius provides 120 plus channels with 65 music stations and 55 news, weather and entertainment channels.
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