Mack recalls workers at Hagerstown plant after long layoff
Dick Myers 48 and Jerry Shaffer 45 return to Mack Trucks engine plant in Hagerstown after four years and four months furloughed. The plant employs about 1,200 now, down from 4,600 in 1979. The recall marks the third in 10 months as demand rises. Myers and Shaffer pursued college courses and new jobs but stayed hopeful, praising Mack’s recall.
MENTIONED IN THIS ARTICLE
Hagerstown
Dick Myers
Mack Trucks
Mr. Myers
Mack
Ross H. Rhoads
Jerry Shaffer
Hach
Mr. Shaffer
Union Hall
Former Opel executive joins Volkswagen after court ruling
A Frankfurt court ruled former Opel executives can work for Volkswagen, dismissing Opel's claim of industrial espionage. The decision leaves a US criminal probe into alleged copying of Opel plans by VW ongoing, with seven Opel aides moved to VW and Lopez de Amoriua rising to a top VW role.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
General Motors
Opel
Volkswagen
Jose Ignacio Lopez de Amoriua
United States
Darmstadt
Lopez
Europe
U.S
Ferdinand Piech
Maryland Bankers Seminar in Frederick on March 17
The Maryland Bankers Association and EDS co sponsor a seminar in Frederick on March 17 focusing on loan and lease financing charge offs and recoveries.
MENTIONED IN THIS ARTICLE
Maryland Bankers Association
EDS
Frederick
Local Bank Seeks Public Details on Securities and Liabilities
A local bank advertises seeking information on securities and deposit liabilities. The notice provides a contact number {410} 269 5977 for further details and clarifies compliance needs for interested parties.
Comsat to Acquire Radiation Systems in $150 Million Stock Deal
Bethesda based Comsat Corp will buy Radiation Systems Inc of Sterling Virginia for 150 million in stock. The merged firm will be Comsat RSI and aims to close in April subject to Radiation Systems shareholders and federal approval. Radiation Systems employs 975 people and makes satellite earth stations advanced antennas and other telecom and defense systems.
MENTIONED IN THIS ARTICLE
Bethesda (Ap
Comsat Corp
Radiation Systems Inc
Bethesda
Comsat Rsi
Comsat
Radiation Systems
Tax & Financial Directory
Frederick News-Post
Nikkei, dollar move as Tokyo shares ease
The dollar rose to 108.43 yen in Tokyo after a two day run rally, ending profit taking. The Nikkei Stock Average fell 166.31 points or 0.81 percent to finish at 20,250.03 as Tokyo shares declined.
MENTIONED IN THIS ARTICLE
Tokyo
FDIC nominee backs plan to cut regulation power
Washington attorney Ricki R. Tigert would head the FDIC and supports a Clinton plan to consolidate banking regulation into a new Federal Banking Commission. The plan would absorb OCC and OTS into the commission while the Fed retains money supply control and the FDIC keeps deposit insurance. Tigert said the FDIC must retain meaningful backup examination and enforcement authority and improve public education about bank mutual funds. She addressed lending discrimination and indicated uncertainty on using testers.
MENTIONED IN THIS ARTICLE
Washington
Federal Deposit Insurance Corp
Clinton Administration
Federal Banking Commission
Ricki R. Tigert
Senate Banking Committee
FDIC
Office of the Comptroller of the Currency
Office of Thrift Supervision
New Commission
Federal Reserve
S&l
Banking Committee
Donald W. Riegle Jr
D-Mich
Tigert
Riegle
Ms. Tigert
Euro Disney Faces Deepening Financial Woes Near Paris
Euro Disney SCA reported a first quarter net loss of 553 million francs, widening from 423 million the prior year, citing lower operating revenues from October to December. Attendance was down while guests spent less and hotel occupancy dropped, despite reduced costs. The auditor warned the company may not continue as a going concern without restructuring.
MENTIONED IN THIS ARTICLE
Paris
Magic Kingdom
Euro Disney Sca
Euro Disney
Euro Disneyland
Price Waterhouse
Walt Disney Co
Michael Eisner
Dividend Declared by Susquehanna Bancshares for Shareholders
Susquehanna Bancshares parent of Farmers and Merchants Bank Hagerstown declares a 25 cent per share cash dividend on common stock payable February 22 to shareholders of record January 31.
MENTIONED IN THIS ARTICLE
Susquehanna Bancshares
Farmers and Merchants Bank
Hagerstown
Also Mentioned on This Page
Opel Exec
Dow Jones
Lhunchyd
Marriot
New York
Kmart
AllgPwr
Life Tech
Alana
Lowes
Loyola Corp
Avemco
Sarriott
Bakge Mercantile Bell
Bakshr
BioWhittaker
Moore Corp Nations Bank
Citizens Bank
Penney
Va Csx Corp
Coca Cola
Pepsico
Potom
Crown Amer
Serviere
USFG
Fcnb Corp
Tan Wash Gs
F&m Bancorp
Weis
First United
Ferris
Baker Watts
Chicago
Chicago Board of Trade
Dee Bad
Gale
2IB
Nikkei Down
Che Frederich Neins
TAX & Financial
Debbie Higgins
Kitchens Plus, Inc
East Church Street
Frederick, Maryland
Fox
Merillat
Aristocraft
Kemper
Adelphi
Kale
Mannington & Armstrong
Corian
Edward D. Jones
Stock Market Report
Randy S. Bluhm
Edward D. Jones Co
W. Patrick St. Frederick
N. Market St
Fairview Center
FSK
W. 7Th St
Hillcrest Plaza
E. Main St
Thurmont
MHIC
Amer
Holiday Inn
Patrick Street
Loyola
Loyola Banking Center
Rosemont
Loyola Insurance Services, Inc
Loyola Fs.b
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