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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Mar 10, 1988
Page
16
The Reagan administration will lift a five month suspension and expand Chinese access to U S high tech goods after China is not selling Silkworm missiles to Iran and agrees to a broader list for China. China also seeks Peace Corps volunteers as part of the deal.
Washington AP reports Bell Helicopter Textron will pay the government 90 million to resolve a four year dispute over alleged overcharges for helicopter parts. Prosecutors drop potential charges while Bell neither admits nor denies wrongdoing. Pentagon auditors cited accounting irregularities and shredded documents amid the overbilling probe.
Lorain County Automotive Systems and Components Engineering seek about 800000 in low interest Ohio development loans as GM shifts work from Fisher Guide Elyria. Lorain company would invest 1400000 to add 28 jobs for armrest lines while Components Engineering plans 290000 for equipment in Grafton Industrial Park and 103 jobs making auto window frames.
Arnco Corp plans a move from Westlake to Majestic Molding’s former Tappan building on Garden Street in Elyria. The fiber optic equipment maker will complete the relocation next month after expanding to 37,000 square feet. Arnco employs 28 workers.
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