Ford pitches profit sharing as union contract focus
Ford Motor Co proposes replacing guaranteed raises with profit sharing as the opening demand in talks with the United Auto Workers. The plan aims to curb rising labor costs while negotiations run through September. Ford cites profits and seeks wage rule changes, two-tier pay, health care, and lower rates for new hires as the six week bargaining window begins.
MENTIONED IN THIS ARTICLE
Dearborn, Mich
Ford Motor Co
United Auto Workers Union
Stephen Yokich
Ford
Yokich
General Motors Corp
UAW
Surma
U.S
Chrysler Corp
Chrysler Canada Ltd
Ford recalls 773000 older models for fan blade crack risk
Ford Motor Co recalls about 773000 Ford and Lincoln Mercury cars and Rancheros with engine cooling fans that may crack and send fragments flying. Affected 1977 Thunderbirds Cougars LTDs and Rancheros with 302 351M and 400 CED.V8 engines and 1978 1979 Granada Monarchs with 250 CID engines. Ford warns owners not to operate with hood open until fans are replaced. eight injuries reported.
MENTIONED IN THIS ARTICLE
Detroit
Ford Motor Co
Ford
John P. King
Parts and Service Division
Armco to close Middletown open hearth furnace
Armco Inc plans to close the Middletown Works open hearth furnace as part of a decade long modernization plan. About 250 workers will transfer to other departments or to labor reserve by Nov 3, with union leader Raymond Back warning a strike in 1986 could jeopardize access to steel slabs.
MENTIONED IN THIS ARTICLE
Middletown
Armco Inc
Middletown Works
Armco
Ashland
M. E
Mo” Lewis
Raymond Back
Armco Employees Independent Federation
Also Mentioned on This Page
Elyria
Chronicle-Telegram
Business News
Stan Surma
Philadelphia
Marc Stepp
Chrysler
Stepp
Charles Snearly
United States
Canada
Young Missionary Church
Alcoholics Anonymous
Eastern Steel Division
Kine
Lego
Pds Oe Prats Leyen
Hrdlarry
Cole National Company
Parma
Mentor
W. Ridgewood Or
Great Lakes Shopping Plaza Park
North Randall
Miles
North Olmsted Great Northern
Windy City
Ameritrust
Chicago
New York
Los Angeles
Ohio
Ameritrust Asset
Cirrus
Orc
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!