New Jefferson North plant marks Chrysler urban revival
Chrysler dedicates a $1 billion Jefferson North assembly plant in Detroit to build the Jeep Grand Cherokee, with an average worker age around 51 and experience of 26 years. The ceremony featured Iacocca amid debates over urban auto plants and contrasts with rural expansion by rivals.
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Detroit
Chrysler Corp
Jefferson North
Jefferson Assembly
Sam Thane
Chrysler
Iacocca
Sefee Akbar Winwlad
Peineal Uallauson
America
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Kentucky
Toyota
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Ven
General Motors Corp
Saturn
Mitsubishi
Wilnioad
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Honda
Marysville
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Lee Iacocca
Thomas Dick
Jefferson North Assembly
Industry needs men and women says CEO at Baldwin Wallace
Cleveland business leader Thomas Tyrell of American Steel & Wire Corp told 150 Baldwin Wallace students that differences between men and women can boost U S industry. He urged less patriarchal culture and a consensus approach, citing a growth in women employees and a 25 percent market share gain after creating a women led sales team.
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Cleveland
Baldwin- Wallace
Thomas Tyrell
American Steel & Wire Corp
Tyrell
B-W
Wommen
American Steel
Delta Cleveland route to London wins final round
Washington AP Delta Airways won the final round in a fight for the Cleveland Detroit London route vacated by Pan Am. Northwest plans to keep contesting. Delta agreed to buy the route as part of Pan Am asset package for 460 million dollars. Ohio and Michigan lobbied intensely for their favored carriers, Delta and Northwest. Delta must file comments by Monday to justify approval. Ohio Governor Voinovich said the decision protects Northeast Ohio business interests. Ohio congressional delegation, led by Rep Oakar and Rep Gingrich, lobbied for Delta while Michigan leveraged Rep Dingell. Delta is based in Atlanta.
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Northwest Airlines
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Minneapolis
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Hitachi unveils HITAC 3800/480 fastest supercomputer
Hitachi Ltd introduces the HITAC 3800/480 in Tokyo on Tuesday as the world’s fastest of its type. The top model achieves a world record 32 billion floating point operations per second, measured in gigaflops, according to the company.
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Hitachi Ltd
HITAC
Tokyo
Sears to Cut 2000 Chicago Jobs in New Round of Cuts
Sears Roebuck and Co plans to eliminate 2000 HQ staff jobs, half from Chicago, adding to prior cuts for a total 43150 since August 1990. The move boosts expected annual savings to 840 million this year and 940 million next year as executives Brennan and Purcell receive over 3.5 million each in 1991 cash and stock.
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Chicago
Sears, Roebuck and Co
Sears
Atlanta
Edward A. Brennan
Philip J. Purcell
Dean Witter Financial Services Group
Brennan
Purcell
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