CitiCorp Eyes Financing ESOP Purchase of Fisher Guide Plant
Elyria residents pursue a six month delay on the Fisher Guide plant sale to allow an ESOP bid. Kathleen Hardy reports CitiCorp, via its Cleveland office, has shown interest in underwriting an employee buyout. Lakewood consultant Woodman says ESOP lending terms could help the bid. GM must seek the highest bid.
MENTIONED IN THIS ARTICLE
Elyria
New York
Kathleen Hardy
Fisher Guide
CitiCorp
Cleveland
Harcy
Robert Woodman
Lakewood
ESOP
Hardy
Michael
Woodman
Salomon Brothers Inc
Salomon Brothers
Michael Keys
Robert Reichard
R-4
Elyria approves enterprise zone to lure business
Elyria City Council, by a 10 to 1 vote, creates an urban enterprise zone on the west side to offer tax breaks and incentives for location or expansion. State approval required. Zone borders Lowell Street Murray Ridge Road 16th Street and the Black River. expansion possible.
MENTIONED IN THIS ARTICLE
Elyria
James Levis
D-3
Lowell Street
Murray Ridge Road
16Th Street
Black River
Elyria Defies EPA Over Republic Steel Quarry Fight
Elyria locked the gate of the West River Road quarry to block EPA access amid a dispute over an environmental study. EPA delays testing until federal access is secured. city argues Superfund costs should be borne by LTV, owner of the polluted site, and questions the data.
MENTIONED IN THIS ARTICLE
Elyria
Old Republic Steel
US Environmental Protection Agency
EPA
West River Road
Infirmary Road
Stephen Gurchik
Washington D.C
Gurchik
LTV Corp
LTV
Margaret McCue
McCue
Republic Steel
Alabama drops charges free man Jack Mason
Jack Mason, a 54 year old Oberlin College custodian who escaped Alabama road gang in 1956, is a free man after Alabama withdrew extradition and dropped charges. Jefferson County officials could not locate the original 1955 indictment required for a governor’s warrant. Lorain County will finalize case closure. Mason recalls years of fear and dreams about moving his mother while awaiting the outcome.
MENTIONED IN THIS ARTICLE
Jack Mason
Lorain County
Mason
Oberlin College
Alabama
Oberlin
Robert Jones
Jefferson County
Ala
Birmingham
Martin Mahony
Eiyria
Cleveland Metropolitan General Hospital
Also Mentioned on This Page
General Motors Corp
Enterprise Zone
Okd
Scholastic
LCCC
Vince Walter
Feds
Old Republic
Corazon Aquino
Liberace
Palm Springs
Calif
Geie Krebs
Glen Miller
Brian Miller
C-T
the Chronicle-Telegram
Dorothy
Accent
Abby
Rirgeville
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