Lorain County Manufacturing Council Forming to Safeguard Jobs
A new Lorain County coalition aims to reverse a manufacturing job decline with a charter meeting July 7 at Lorain County Community College. Founders plan a directorate to serve about 550 manufacturers, focusing on understanding departures, leveraging county resources, and coordinating with existing advocacy groups.
MENTIONED IN THIS ARTICLE
New Coalition
Elyria
Lorain County Manufacturing Council
Lorain County Community College
Spitzer
Lance Healy
Loraim
Healy
Lorain County
Banyon Technologies
Westlake
Ford to close Avon Lake plant move Escape production to Kansas City
Ford will shift Ford Escape and Mercury Mariner production from Ohio’s Avon Lake plant to Kansas City in August 2005 and close the nearby Lora Assembly Plant by late 2005. Ohio had offered about 315 million in grants or tax credits in 2002 for the investment, with 600 workers at Avon Lake to build the Escape and 3,200 to build Econoline bodies. Governor Taft called the loss of state aid potentially large but said the savings from closure may outweigh the aid withdrawal.
MENTIONED IN THIS ARTICLE
Columbus
Ford Motor Co
Avon Lake
Bruce Johnson
Ohio Department of Development
Ford
Mercury Mariner
Ohio
Kansas City
Lora
Taft
Jim Padilla
Dearborn
Mich
Michael Flynn
Office For the Study of Automotive Transportation
University of Michigan
Trade deficit slows economy in first quarter
The Commerce Department revised 1Q04 GDP to 3.9 percent, down from 4.4 percent, with a large trade deficit shaving 0.7 points. Consumer and business spending were softer, though growth remains solid. May existing home sales rose to a record 6.80 million annual pace, signaling continued strength in housing despite higher mortgage costs.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
United States
Bill Cheney
MFC Global Investment Management
National Association of Realtors
Chiquita faces image crisis over Colombia payments to groups
Chiquita Brands International revealed it notified the Justice Department in April 2003 about payments by its Colombian subsidiary to groups the US labels as terrorists. The probe could last months with potential penalties, raising investor concerns over reputational damage and legal exposure for the parent company. Lawyers say outcomes hinge on whether the subsidiary acted with independence and whether US laws were violated.
MENTIONED IN THIS ARTICLE
Cincinnati
Chiquita Brands International Inc
United States
Chiquita
US Department of Justice
Justice Department
Lewis Leibowitz
Washington
Chiguita
Daniel Waltz
Waltz
Banadex
Colombia
Marc Chernick
Georgetown University
Gas prices edge up after two week decline
Adrian Bars reports gas prices rise 4 cents this week to a self serve regular average of 1.81 per gallon with the state average at 1.82 and national average at 1.92. DOE data show crude oil inventories up while gas inventories fall as refineries run at capacity. EIA notes higher demand around the Fourth of July could push prices higher.
MENTIONED IN THIS ARTICLE
Aad
Department of Energy
Also Mentioned on This Page
Nick Houser
the Chronicle-Telegram
John Burkowsky
Healey
Nock Houser
Escape
The
Associated Press
Larain
Bob Taft
Rich VoytoWich
Chiquita Brand
Pri
Adrian
Gy Information Administration
AAA
Dow Jones
Denty
Daly Low
Macon
Tedenrest
Leweys
Tcootmma
Apie
Fuente
Hooey Cay
EnceLey
Rey
Fees
Cemker
AmoCa
Trensmont
Asias
Akers
Ware
Kure
Monnla
Larnap
USA
Diany Advanced
Lac
Akan
Loreted
LowesCos NY
Agrest NY
Lucent NY
Nordson
BCI
Sennir Amex Aly
Smaxkss
Honea
Feyco
Wendy
Canaria
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Jamencen Fonds
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