Ford to negotiate sale of Aerospace unit with Loral
Ford Motor Co says it will negotiate with Loral Corp for buying Ford Aerospace Corp its defense contractor unit. Ford narrowed bids to a single bidder and will begin talks while also paying a 1.2 million dollar fine for on the job injury tracking lapses at a Lansdale Pa facility.
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Ford
Loral
Areospace
Detroit
Ford Motor Co
Loral Corp
Ford Aerospace Corp
Tom Rhoades
Ford Electronics
Lansdale
Atlantic City
N.J
Resorts International Inc
Merv Griffin
Creston Livestock Auction Totals and Prices
At Creston Auction 278 consignors sold 706 head plus a dairy cow and three goats. Hay and straw loads brought 57.50 to 72.50 per bale, calves ranged from 50 cents to over 1.60 per pound, sheep prices spanned 15 to 54, hogs 37.50 to 63, and cattle including choice steers 73 to 78, Holsteins up to 371.75, and general beef cows 45 to 58.50 with feeders and bulls showing broad ranges.
MENTIONED IN THIS ARTICLE
Creston
Ford plans companywide program to cut repetitive motion injuries
Ford Motor Co agreed to a companywide ergonomics program after a 1.2 million OSHA fine for record-keeping. The pact covers 21 plants employing 96 percent of Ford's 150,000 U.S. workers and mirrors a 1987 UAW deal. The program creates plant ergonomics committees, medical management, training, and quarterly OSHA reports, with no ergonomics citations for five years.
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Ford
Chicago Tribune
Ford Motor Co
Occupational Safety and Health Administration
Automaker
U.S
United Auto Workers
Elizabeth Dole
OSHA
Nestle to Sell Stouffer Restaurant Subsidiary
Nestle Enterprises Inc will not expand its Stouffer Restaurant Co and will seek to sell the subsidiary after evaluating its U S strategy. Stouffer operates 65 restaurants including J B Winderie James Tavern Rusty Scupper and Parkers Lighthouse with Top restaurants in New York Boston Philadelphia Cleveland and Columbus. James M Biggar Nestle Enterprises chairman said restaurants suit specialty chains better than a large corporation and the group will pursue sale while Nestle focuses on other units.
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Nestle Enterprises Inc
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Metal Prices Snapshot from New York Markets
AP reports closing prices on the Comex with Gold at 369.10 per troy ounce and Silver at 4.882 per troy ounce. Merc prices show Platinum at 48110 per troy ounce and Palladium at 119.10 per ounce. Spot nonferrous metals list aluminum at 69 cents per pound copper 120.75 per pound lead 50 52 cents per pound zinc 87 cents per pound tin 3.6934 per pound mercury 280 to 290 per 76 pound flask.
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New York
Comex
Grain bids report from Lorain County Farm Bureau
Lorain County Farm Bureau Cooperative Association bids at market close show Wheat 82.71, Shelled Corn 2.79 per bushel, Oats 125, Soybeans 6.70 per bushel. The figures reflect yesterday's trading activity and indicate price levels for local grain commodities.
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Lorain County Farm Bureau Cooperative Association
Ino Focal Grain
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