Harris Seeks Turnaround for Parks Sausage Co in Baltimore
Franco Harris, who bought Parks Sausage Co. in Baltimore six months ago for 17 million, faces tough restructuring as the firm loses money and a key contract. He pivoted to external production with Jimmy Dean and RAPA to cut costs while trying to restore distribution and sales.
MENTIONED IN THIS ARTICLE
Baltimore
Franco Harris
Parks Sausage Co
Harrs
Jimmy Dean
Sara Lee Corp
Harris
Parks
NationsBank
Baltimore Development Corp
Northeast
Giant
Barry Scher
Scher
Ralph and Paul Adams Inc
RAPA
Bridgeville, del
Jones Dairy Farm
Henry G Parks Jr
Dean
GM China contract signals joint auto venture in Shanghai
The China Daily Business Weekly reports GM and Shanghai Automotive Industry Corp plan a $1 billion joint venture to build 100,000 mid-sized cars yearly in Shanghai. The State Council approved the plan. Foreign Trade Ministry approval pending. At least 40 percent of parts to be sourced domestically.
MENTIONED IN THIS ARTICLE
Beijing
General Motors Corp
State Council
China
Foreign Trade Ministry
China Daily Business Weekly
Shanghai Automotive Industry Corp
Shanghai
GM recalls 390000 cars over wiper switch defect
General Motors said it will recall about 390000 cars including 1994 95 Pontiac Grand Prix 1995 4 Buick Regal and Oldsmobile Cutlass Supreme plus 1995 Chevrolet Lumina and Monte Carlo. Some switches may have a strained or separated power feed wire causing intermittent wiper and washer operation. No accidents reported. Customers will be mailed notices to visit dealers for free repairs.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Automaker
Reico Kitchen & Bath opens Frederick retail outlet
Reico Kitchen & Bath, a cabinet and countertop distributor, opened a new Frederick store in the McCain Center at 4 S. McCain Drive. The showroom offers cabinets countertops and the RCA Home Theater package though it is not an authorized RCA dealer. The Frederick location serves Frederick Carroll and Washington counties and parts of West Virginia with designer assistance and next-day Merillat cabinet line delivery. The store hours vary by day with a weekend closing and a listed contact number 631-1400.
MENTIONED IN THIS ARTICLE
Frederick
Reico Kitchen & Bath
Robinson Export-Import Corp
Alexandria
Europe
Springfield
McCain Center
S. McCain Drive
RCA
Ted Uhler
Reico
Abler
Merillat
Mr. Uhler
Carroll
Washington Counties
West Virginia
Mr. Abler
Culpeper
Molten Metal stock falls amid Lockheed JV rumors
Molten Metal Technology Inc shares slid about 9 percent after rumors that Lockheed Martin is dropping out of the M4 Environmental LP venture with Molten, which the CFO denied. He said talks are ongoing and a formal update may come by month end. The stock has tumbled 27 percent since March 5, closing at 9.12 on Nasdaq. Molten aims to commercialize catalytic extraction processing to recycle waste into reusable products.
MENTIONED IN THIS ARTICLE
New York
Molten Metal Technology Inc
Lockheed Martin
Environmental Technology
Benjamin Downs
Lockheed
M4 Environmental LP
Dow Jones News Service
Downs
Molten
Com
Panies
Also Mentioned on This Page
Kurt Funderburg
Ferris Baker Watts
Giant Food
Ed Waters Jr
Ar Aimee Ermely
Word Processing Services, Inc
Northern Ave
Hagerstown
Maryland
Pegsgacee
Boeing Co
Philip Condit
Financial World Magazine
Condit
McDonnell Douglas Corp
Frederick Fairgrounds
Fredenck News Post
Scottsdale Securities Inc
AP Stock Quotes
Scottsdale
Mutual Funds
Oil & Gas
Scottsdale Securities, Inc
Rockvlle
SIPC
Tome
Schwab
Fidelin
Quck & Reith
Waterhouse
Merrill Lymch
Aera anNen
Tates
Crestar
Home Equity Line
Crestak
Wrath
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