Exxon dumps nation's largest shale oil project
Exxon Corp plans to close the Colony Shale Oil Project in Colorado, ending a major synthetic fuels effort. The project, once valued between two and three billion dollars, aimed to mine and heat rock to extract oil, with Exxon owning most of the venture after buying ARCO's stake.
MENTIONED IN THIS ARTICLE
Exxon
Houston
Exxon Corp
Colorado
John Lichblau
Petroleum Industry Research Foundation
Colony
International Harvester workers approve concessions
CHICAGO AP Responding to desperate financial trouble United Auto Workers members appear to have approved a contract with International Harvester Co Early ratification results from several UAW Harvester locals showed broad support though some locals opposed the package for wage and benefit concessions The totals were expected from Detroit at the UAW headquarters Local results included Fort Wayne Indianapolis Chicago Springfield and other cities with varying margins while several locals in the southern and Midwest regions rejected the pact Stephen Yokich warned of Harvester’s financial trouble before voting began
MENTIONED IN THIS ARTICLE
Chicago
United Auto Workers
International Harvester Co
Uaw-Harvester Ro
Socority House
Detroit
UAW
Dave Mitchell
Fort Wayne
Ind
Local
Indianapolis
Local 6
Und Cities
Stephen P. Yokich
UAW Agricultural Implement Department
Harvester
IH Chairman McCardell Quits. Menk Named Replacement At IH
International Harvester Chairman Archie R. McCardell resigned and was replaced by former Burlington Northern Chairman Louis W. Menk. IH also elected executive vice president Donald D. Lennox as president and CEO, succeeding Warren Hayford. McCardell’s tenure began with strong gains but faced a lengthy UAW strike and a sagging economy.
MENTIONED IN THIS ARTICLE
Chicago
International Harvester
Archie R. McCardell
Burlington Northern
Louis W. Menk
Harvester
Donald D. Lennox
Warren Hayford
McCardell
Rubber workers accept pay cut amid security worries
Akron based United Rubber Workers members at B F Krich Co accept a pay cut to keep jobs amid personal finance fears. A Firestone pact for about 10 500 workers across 10 plants was to be signed, with ballots in two weeks. The Goodrich and Goodyear pacts set patterns for concessions while Goodrich pledged three year Akron operation, plus a profit sharing plan.
MENTIONED IN THIS ARTICLE
Akron, Ohio
United Rubber Workers
B.F. Krich Co
Akron
Firestone Wire & Rubber Co
Cleveland
Firestone
Bloomington
Decatur
Stone Pact
Ohio
Albany
Goodrich
United Rubber Workers Local 5
Ron G. Zeffer
Reagan vilifies Sun Day as solar movement grows
Washington AP four years after Sun Day crowds turned the Washington Monument into a giant sundial and Sunrise services nationwide. Ronald Reagan seeks deep solar budget cuts while the Solar Lobby reports gains in passive solar homes rising from 500 in 1977 to an estimated 60 000 to 80 000 by 1981 and solar investments leaping from 17 million in 1975 to about 400 million in 1981.
MENTIONED IN THIS ARTICLE
Washington
Amercans
Washington Monument
Jimmy Carter
Ronald Reagan
Solar
Reagan
America
Army studies alternatives to combat boots
At Fort Benning Georgia the Army tests five soft-sole athletic shoes for recruits. One candidate is a Yuce made shoe under Russian basketball team contract. Biomechanics expert Dr. Peter R Cavanagh notes no single shoe fits all runners. Doctors warn of stress injuries yet recruits still run in boots during basic training.
MENTIONED IN THIS ARTICLE
New York Times
Fort Benning
Peter R. Cavanaghe
Pennsylvania State Univerty
World Magazine
George Gumann
Also Mentioned on This Page
Oil Company Earnings
U.S
Randall Meyer
Exxon USA
Parachute
Colo
Daniel 3 Eee
Cae
Harvard
Atlantic Richfield
Tesco
Carter
John Inchin
Springfield
Local 658
Rubber Plant
Bob Troyer
Sun Day Celebrants
Army
Marion
W. Main
Weathertron
Americas
General Electric
Central Supply Energy
Happy Birthday
Kermit
We All Love You
Miss Piggy & Friends
Monet
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