Jobs moving out of country Allentown
Schuylkill Countys largest employer J E Morgan Knitting Mills plans to move 95 packaging and sewing jobs about 11 percent of the Hometown plants workforce to Central America to cut costs. The firm acquired by Sara Lee last August says operations in Honduras and El Salvador will receive the work by June 30, with about 750 jobs remaining. The company, which is investing 3.5 million in remaining operations, had earlier reduced expenses through robotics amid NAFTA impacts.
MENTIONED IN THIS ARTICLE
Allentown
Schuylkill County
J.E. Morgan Knitting Mills
Central America
Morgan
Robert Miller
United States
Honduras
el Salvador
Miller
Sara Lee Corp
Chicago
Kennametal to retain JLK unit without CEO
Kennametal Inc will keep its underperforming JLK Direct Distribution Co. but remove its chief executive. The company said offers for JLK did not reflect its value and announced the resignation of Richard J. Orwig as president and CEO, a post he held since 1998.
MENTIONED IN THIS ARTICLE
Pittsburgh
Kennametal Inc
JLK Direct Distribution Co
Kennametal
JLK
Richard J. Orwig
Millionaire game licenses with Hasbro expands reach
Time for Two, a small San Francisco firm, licenses its game You Just Became a Millionaire to Hasbro, aiming for wider mass market. The party game starts players with 20 million dollars, bets 1 million, and ends with the richest player. It hits shelves in April and is carried by Toys R Us and Wal-Mart among others.
MENTIONED IN THIS ARTICLE
San Francisco
Hasbro Inc
Time For Two
Hasbro
Toys “R” Us
Store of Knowledge
Wal-Mart Stores Inc
Barbara
Michael Jonas
Hallmark
Barbara Jonas
Philbin
Scripps Howard News Service
Over-The-Counter Stocks Bid Prices Noted Today
Figures from 10 18 a m today show over the counter stocks with bid prices listed. Quotes are supplied by Parker Hunter Inc New Castle office.
MENTIONED IN THIS ARTICLE
New Castle
Parker/Hunter Inc
Electronics Boutique backs out of Funco bidding
Electronics Boutique Holdings Corp says it will not match Barnes & Noble subsidiary Babbage's 161.5 million offer for Funco Inc. Funco president Bodine notes discussions with Barnes & Noble and a board squeeze to consider a 24.75 per share bid. If Funco accepts, Electronics Boutique would receive a 3.5 million breakup fee.
MENTIONED IN THIS ARTICLE
Eden Prairie
Electronics Boutique
Funco
Stanley Bodine
Barnes & Noble
Battle over Hanover Foods control reaches state Supreme Court
Harrisburg report on a decade-long family feud over Hanover FoodsCorp with brothers John Warehime and Michael Warehime opposing changes to the charter. Arguments centered on a stock issue intended to boost profits versus preserving family control with a voting trust. Justices probed good faith standards and the electorate’s role. Included historical note on 1814 New Castle bridge over Neshannonock Creek.
MENTIONED IN THIS ARTICLE
Harrisburg
Hanover Foods Corp
State Supreme Court
York
John Warehime
Hanover
Matt Siembieda
Alan A. Warehime
Alfred Putnam
Michael Warehime
Pennsylvania
Putnam
John Flaherty
Ralph Cappy
Also Mentioned on This Page
Raela Ripaldi
Amazon.com
Regis Philbin
Jonases
Pawtucket
R.I
At&t (T
Alphanet
ALPH
Bell Atlantic
BEL
Calgon Carbon
CCC
Columbia Gas
CBS
CSX
ESB Finance
ESBF
First Comm
FCF
First Energy
First Merit
Mercer
TLGD
Tuscarora
TUSC
Ubies
UBIX
United Finan
UCFC
Wal-Mart
WMT
Hanover Foods
Lawrence County
Neshannock Creek
Washington Street
Shenango River
John Deere
Www
Deere.com
Buckeye Leisure Products
West Liberty Street
Hubbard
Elder AG & Turf Equipment Company
East Palestine
M & R Power Equipment
South Hermitage Road
Hermitage
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!