Auto industry records another weak year with 7 percent drop
U S consumers bought about 15.2 million cars and trucks in 1987, down 7 percent from 1986, marking the first slowdown since 1983. Ford posted a strong year despite the industry dip, while Chrysler reported incomplete results amid a merger with AMC.
MENTIONED IN THIS ARTICLE
Detroit
U.S
American Motors Corp
AMC
David Healy
Drexel Burnham Lambert Inc
New York
Ford Motor Co
No. 2
Ford
S. Ford
Chevrolet
Parma GM stamping plant to produce mini van frames
GM will expand the Parma stamping plant in Cleveland suburb to produce metal frames for a 1990 mini van, boosting investment by 100 million dollars. The plant, employing about 4400 workers, makes body panels for Beretta Corsica Grand Prix Regal and Cutlass Supreme and will begin frame production in about a year.
MENTIONED IN THIS ARTICLE
Parma
General Motors Corp
Cleveland
Steve Parry
Parry
Healy
Metals and precious metals closing prices report
New York AP reports yesterday closing prices on the Comex for gold at 483.30 per troy ounce and silver at 70.69 per troy ounce. Platinum 509.50 per troy ounce. Aluminum 68.60 cents a pound. Copper 134.90 cents a pound. Lead 38.0 cents, Zinc 45.2 cents, Tin 426.64 per 76 pounds. Mercury 33.40 to 35.5 per 76 pounds, metals week composite per pound.
MENTIONED IN THIS ARTICLE
New York
NYSE
At&t
Baxter
Bengts
Beving
Boeing
Ite Chase
Zia
Clorexs
Disney
duPont
Exadist
Echho
Emrse
Exxon
Bilet
Gillete
Glavon
Gillus
IBM
Merck
Mobil
Monsan
PacTel Si
PepsiCo
Pfizer
Phelpd
PhilPet
Pilsbry
Rockwl
Royld
Ay Salomo
Sara Lee
Singer
Bt Sa
de Stone
Syntex Si
Ucmp Si
Ucarb
Pierre R Smith & Co
Acme Cleve
Allied Corporation
Alltel
AmerSiip
American Standard
Central Bancorp
CPC Inter Inc AV Ba
Emerson
First Bancorp
Goodnech
Industries T
Invacare
LCB Bancorp
Bancorp
Lesco Inc Bie Wordson
Northern Savings
Ohio Edison
Parker Hannifin
Sunrise Medical
Texas
Woolworth
York International
Columbus
Xtra
Dollar gains on strong run as traders eye trade data
The dollar rose for a third straight day amid speculation of a clandestine pact among Japan the United States and West Germany to stabilize the currency. Traders fear a weaker November trade deficit figure due January 15 could prompt further central bank intervention and push the dollar lower.
MENTIONED IN THIS ARTICLE
Japan
United States
West Germany
Gary Dorsch
LNS Financial Group Inc
Chicago
Federal Reserve
Europe
Ohio set to seal second Honda plant deal
Gov. Celeste backs a $31 million sale of the Ohio Transportation Research Center near Marysville to Honda as part of a $300 million expansion. The Legislature opened its 1988 session with Republican sponsors in both chambers and hearings underway in the House. Honda plans a second assembly plant for luxury automobiles beside its Marysville facility in central Ohio.
MENTIONED IN THIS ARTICLE
Columbus
Honda
Ohio
Richard Celeste
Ohio Transportation Research Center
Marysville
Celeste
Naeem Named President of EMH Medical Staff for 1988
Dr. N A Naeem becomes president of the EMH Medical Staff for 1988 after serving as vice president last year. Dr. C F Pena named vice president and Dr. Peter Esch secretary. current department chairs listed across surgery medicine obstetrics gynecology anesthesia emergency medicine orthopedics rehabilitation pathology radiology. Honda investment in Ohio rises to 1.7 billion with related highway and research funding proposed by lawmakers.
MENTIONED IN THIS ARTICLE
Elyria
N. A. Naeem
Elyria Memorial Hospital and Medical Center
Naeem
C.F. Pena
Peter Esch
C.M. Carandang
D.C. Patel
L. Siew
Robert VanDervort
J. J. Badal
A. J. Lumanian
R. 8. Buchanan
J. B. McCoy
Also Mentioned on This Page
Knight-Ridder Newspapers
Chrysler Motors Corp
Chrysler
Tom Jacobowski
GM Parts
General Motors
Motor Trend Magazine
Moore
Schwinn
Center Ridge
N. Ridgeville
MIKES
Commerce Department
Department
Robert Hatcher
Barclay’s Bank PLC
Quick OK
Dr. Naeem
EMH
David Baker
House Finance Committee
Anna
Rodney Hughes
Huntsville
Robert Cupp
R-Lima
Baker
U.S. 33
Ohio State University
Amana
Caloric Frigidaire
KitchenAid
Roper 'Kelvinator
Stewart
Thurs & Fri
Elyria Flyria
Neelay
Canon
Royal Business Equipment
Cleveland St
Lorain
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