Lorain plant closure shifts 55 jobs to Cleveland and Brooklyn
Joseph and Feiss Co will close its Lorain plant at 1205 Broadway citing poor sales and cost inefficiencies. About 55 workers move to Cleveland West 53rd Street and Brooklyn Tiedeman Road plants. the firm employs roughly 2,200 in Greater Cleveland and is owned by Hugo Boss AG.
MENTIONED IN THIS ARTICLE
Lorain
Joseph & Feiss Co
Cleveland
Brooklyn
Broadway
Joseph & Feiss
West 53Rd Street
Tiedeman Road
Greater
Hugo Boss AG
West Germany
Regulators mull open thrift aid as S&L plan stalls
Washington regulators consider a program to inject taxpayer funds into ailing thrift institutions before failure. The FDIC named eight states Alaska Arizona Arkansas Colorado Louisiana New Mexico Oklahoma and Texas as eligible areas while delaying final approval next week. Caracas and creditor banks reach outline on reducing Venezuela's 20 billion debt offering options including debt service relief and new loans.
MENTIONED IN THIS ARTICLE
Washington
Savings and Loan
Federal Deposit Insurance Corp
Alaska
Arizona
Arkansas
Colorado
Louisiana
New Mexico
Oklahoma
Texas
New York
Venezuela
Miguel Rodrigues
Trade gap widens to 9.3 billion in January
The United States posted a $9.3 billion January trade deficit, up 20.5 percent from December, as imports rose 7.3 percent to $41.32 billion. Exports reached a January record of $32.07 billion, powered by a surge in manufactured capital goods but offset by a 44 percent jump in oil imports.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
U.S
Bush
America
U.S. Consurm
Michael Evans
Taiwan
China
Canada
United States
New York
Chase
NYSE
Lnysys
Wendys
Alcoa
Disney
Merck
Tata
Amax
Qhla Daver
Mobil
duPont
Jon
Duttpr Tae
Abia Abia
Pierre R Smith
Ayia
Endesa
Norton
Exxon
FedExp
Allied Corporation
Ah Anhous
PacTo
Alltel
Archis
Peprico
Aaa Ag
PhilGt
Emerson
Avery i
Gannett
Ay PirOg HH
Jan Me
First Bancorp
Ean
la Goodrich
Hills
PRAT
ARNY
A Leseo Inc BM Aarnely
Hanson Poe
Saateny Ake
Lo Am Nordson
Baxter
Hershey
Sears
Northern Savings
Beinstl
Aza Shawnt
Ian Obi
Win
PWC Corp
Smucker Bordens Ans
SV Kmart
Texaco Br
Woolworth
Chrysler plans airbags in minivans may arrive by 1991
Chrysler Motors aims to add driver's side airbags to minivans as early as 1991, possibly two years ahead of a federal timetable. Chairman Bennett Bidwell says rear seat shoulder harnesses are a higher priority, while Tony Cervone notes strong customer demand. The Center for Auto Safety supports safer minivans.
MENTIONED IN THIS ARTICLE
Knight-Ridder
Detroit
Chrysler Motors Corp
Chrysler Motors
Bennett Bidwell
Center For Auto Safety
Lorain County Farm Bureau notes grain prices at market close
Lorain County Farm Bureau Cooperative Association reports yesterday’s market close with Wheat at 3.51 dollars per bushel Shelled corn 2.54 Soybeans 5.62 and Oats 1.50 per bushel. Local grain prices cited for farmers and barnyard buyers.
MENTIONED IN THIS ARTICLE
Lorain County Farm Bureau Cooperative Association
Ino
Ford plant in Batavia to get 75 percent tax abatement
Ford Motor Co. may receive a 75 percent tax abatement for up to 10 years if it proceeds with a 300 million dollar investment in Batavia Township transmission plant upgrades. The total project could reach 750 million dollars. 200 new jobs may follow the CD4E transmission move.
MENTIONED IN THIS ARTICLE
Batavia, Ohio
Ford Motor Co
Batavia Township
Ford
Mght
Jerry Brown
Batavia
Also Mentioned on This Page
Lorain, Joseph & Feiss Co
Bureau of Labor Statistics
U.S. Department of Labor
Akron
Larry Robinson
J.B. Robinson Jewelers
Robinson
S&l
Ers
White House
Marlin Fitzwater
Japan
Magnolia Perez
Siemens Hearing Instruments, Inc
Piscataway
N.J
New Jersey
Siemens
Chrysler
Bidwell
Tony Cervone
Cervone
Mutuals
Sell Bay American Whip Mutual
Dreyfus
Fidelity-Puritan
John Hancock-Bond
Templeton
Templeton World
Vanguard
Wellington
Jay Meisenhelder
Meisenhelder
Dearborn
Mich
Fails Church
Alexandria
Arlington
Marin
Calif
Montgomery
Fairfax
Natucket
Mass
Somerset
Fairneid
Conn
Starr
Shamner
Buffalo
Mavenck
Jefferson Miss S
JS Krtn
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