New steel mill raises job hopes in Youngstown
In Youngstown, Hunt Steel plans a 60 million refurbishment of the old Brier Hill mill and will add 500 jobs as production begins next year. The project aims to revive the Mahoning Valley economy, with 200 workers now, rising to 500, and heavy emphasis on oil and gas well casing tubing.
MENTIONED IN THIS ARTICLE
Youngstown
Hunt Steel
Mahoning Valley
Brier Hill
Hunt
Hunt Energy Co
Salem
Phillip Richley
Robert Williams
Williams
Unemployment jumps to 10.8 percent in November
Washington reports show the national jobless rate rising to 10.8 percent in November, a 0.4 point increase from October. Reagan calls the Labor Department data a continuing tragedy as unemployment climbs across most groups, with blacks the only group showing no rise. Detroit auto sales surge late November, with five major automakers up 14.9 percent and imports setting a November record.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Labor Department
U.S
Detroit
Affordable Condos In California With 65 000 Start
A note on California condos selling from around 65 000 dollars enters the market with an 834 interest rate cited. AP compensation discussions focus on annual pay, while Duriron and other firms face bonus reductions. Dayton reports show many companies halting bonuses and freezing wages from executives to staff as the economy tightens.
MENTIONED IN THIS ARTICLE
Calif
Duriron
Dayton
Dayton-area
Durrien Co
Opening stocks hold steady as Dow remains at 1031.36
New York stocks showed little change amid doubts about a recovery. The Dow Jones industrial average stood at 1,031.36, unchanged from Friday, with gainers and losers balanced. A CHK survey indicated no pickup in orders, while analysts warned of possible rate declines. Chrysler rose, Exxon fell, and AT&T dipped slightly. NYSE volume cooled to 71.54 million.
MENTIONED IN THIS ARTICLE
New York
National Association of Purchasing Management
Chrysler
Exxon
American Telephone & Telegraph
Dow Jones
NYSE
American Stock Exchange
Plants to Get Cash Awards From Synthetic Fuels Review
The Synthetic Fuels Corp identified plants in North Carolina California New Ohio Edison and others as eligible for potential awards up to 557 million. The action, announced Friday, outlines award types but is not a firm money commitment.
MENTIONED IN THIS ARTICLE
Pierre Rarmuth Co
Acme
AmerMachundry
Washington Chramalloya
Govern
Cleveland
Charg- PE Aree Inc
Fruehaut
Goodrich
Feemaustites
Lear Siegler
id-Continent
FW ) 6 Corp
Also Mentioned on This Page
Amy Richards
Business News
Jack Lilienthal
Laguna Niguel
Santa Ana
Dow
DIAL
Chronicle-Telegram
Mid-Ohio Securities Corp
CLEVE
Elyria
Spitzer Pack Plaza
Evia
C-T
Larry Frisch
Cal
Wie
Third Street
Pioneer Federal
Division of
Freedom Federal Savings & Loan
Columbus
Ohio
N. Abbe Road
Lorain
Slutibad
Harold Rorick
THE
Travelers Insurance Company
Hartford, Connecticut
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