Lorain Works to form joint venture with Kobe Steel
USX and Kobe Steel Ltd. will own 50 percent each of the Lorain Works, a 3,000-employee Lorain steel plant. The venture will relocate clerical functions, keep USX in charge of sales of seamless tubing, and hire all current workers into the partnership. The deal follows prior Asian joint ventures and a $50 million modernization at Lorain.
MENTIONED IN THIS ARTICLE
Lorain
USX Corp
USX
Kobe Steel Ltd
Thomas C. Graham
USS
Thomas R. Ferrall
Pittsburgh
Ford Motor Co
Nissan Motor Manufacturing Co
Ohio
Avon Lake
Graham
Pittsburg California
San Francisco
Pohang Steel
Lorain reacts to Kobe Steel stake in USX Lorain unit
Union officials in Lorain welcome a half interest sale to Kobe Steel, hoping for long term viability and modernization of bar production at the USX Lorain steel works. About 600 of the plant’s 3,000 workers are in bar operations, with bar sales centralized here since 1986. The deal’s details remain limited as officials weigh potential benefits and risks.
MENTIONED IN THIS ARTICLE
Lorain
USX Corp. Steel Works
USX
Japan
Kobe Steel
Allen
Lorain Works
Elyria to hire firefighters and cops amid revenue rise
Elyria Mayor Michael Keys plans four new firefighters and two more police officers in 1989 to avoid layoffs after tax renewals weakness. Strong income tax and inheritance tax gains, plus a larger carryover, allow delaying cuts while a May primary result could still trigger firings if tax renewal fails. The $16.5 million general fund budget includes these hires and notes overtime costs. The City Council votes March 6.
MENTIONED IN THIS ARTICLE
Elyria
Michael Keys
Keys
City Council
Ing
Stolen gun kills Elyria boy in accidental shooting
Kenneth Walls, 14, died from a gunshot wound after handling a stolen .38 caliber revolver at his home in Elyria. Police say the weapon was taken from James Nolan's nearby residence along with two other guns. A 16 year old friend is being questioned and held pending a juvenile court hearing. The coroner has not ruled on the death.
MENTIONED IN THIS ARTICLE
Elyria
Kenneth George Aaron Walls
James N. Nolan
17Th St
16Th St
Kenneth
Northwood Junior High School
Elyria Memorial Hospital and Medical Center
Lorain County
William Cameron
Nolan
Outside Tonight Rain Develops Late With Chill
A weather update notes rain developing late tonight with a low near 35. On Wednesday expect occasional rain and a high in the low 40s. Details on Page A-3.
Also Mentioned on This Page
Lorain Usx Works
USK
Kobe
USS Division
Giant Lorain Works
Maurice Allen
United Steelworkers Local 1104
Ruth Mantle
North Ridgeville
New Insights Women’s Group
Bernice Smith
Palm Crest East
Ron Novak
Novak
Kenneth Walls
Cameron
Tressa Walls
de Gott
Ad Comics di
Bla BA Sports
Deer Abby
Tower
Mike Royko
North
Reagan
Browns
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