Tower moving Ranger frame production to Bellevue plant
Tower Automomoorive Inc will shift Ford Ranger frame assembly production from Milwaukee to its Bellevue, Ohio plant, adding about 100 jobs and bringing total Bellevue staff to roughly 300. The move, to be finished by June 2004, leaves Milwaukee with around 360 workers.
MENTIONED IN THIS ARTICLE
Milwaukee
Tower
Automoorive Inc
Bellevue
Paul Omodi
Grand Rapids
Mich
Dug Campbell
Consumer confidence rebounds in May amid mixed signals
The Conference Board reports a May rise in the Consumer Confidence Index to 83.8, the highest in six months, while the Present Situation Index falls to 67.9 as jobs remain hard to get. Amid cautious optimism, housing data show strong gains with new and existing home sales up, boosting market sentiment.
MENTIONED IN THIS ARTICLE
New York
Iraq
Conference Board
Board
Consumer Research Center
Commerce Department
National Association of Realtors
Douglas Porter
BMO Nesbitt Burns Securities
Scott Hoyt
Consumer Economics
Economy.com
United States
Westview workers vote for strike at Elyria concrete plant
About 15 Teamsters Local 20 members at Westview Concrete, 400 Lowell St in Elyria, approved a strike after contract talks failed. The Toledo based union says no contract since March 31, while the company continues to supply projects including the county justice center and a Route 57 bridge over the Black River.
MENTIONED IN THIS ARTICLE
Elyria
Westview Concrete
Teamsters Local 20
Toledo
Lowell St
County Justice Center
Black River
Westview
Justice Center
Rick Sias
R.P. Carbone
West
Walls
Lorain County Justice Center
Euro hits record high against dollar boosting exporters
The euro rose to a record around $1.1932 in Europe, eclipsing the prior $1.1884 peak from January 1999 as the shared currency strengthens. U.S. firms selling overseas gain while Europe’s economy and American tourists face higher costs and reduced travel. A German industry head warns every cent above parity hurts, and travel fears persist amid terrorism and SARS concerns. Charles Gildea, visiting Paris for his 50th anniversary, notes the dollar slump costs about 20 cents per dollar.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
U.S
Europe
Michael Rogowski
Federation of German Industry
Asia
Charles Gildea
Annapolis
Paris
Gilde
Wall Street gains on positive economic signals
Wall Street rose as consumer confidence and home sales topped expectations. The Nasdaq climbed 3.1 percent to 1,556.69, the S&P 500 gained 2 percent to 951.48, and the Dow added 179.97 points to 8,781.35. Analysts noted choppy trading after a long weekend, with investors awaiting clearer signs of a sustained economic recovery.
MENTIONED IN THIS ARTICLE
New York
Wall Street
U.S
Standard & Poor
Commerce Department
Apri
Hugh Johnson
First Albany Corp
Also Mentioned on This Page
Ranger Framework
Ohio
eBay
Nkfolk. Va
Virginia
MercExchange
Great Falls
Thomas G. Woolston
Woolston
Exxon
Irving
Texas
Exxon Mobil
Greenpeace
Frank Sprow
Ker
Linn Franco
The
Cenfer
Westview Workers OK
Adrian Burns
Chronicletelegram
Gene Krebs
Todd Leone
Equity
SG Cowen Securities
Dow
Ana
Genentech
Biogen
ImClone Systems
Merck Kgaa
Erbitux Tenet Healthcare
Jeffrey Barbakow
Altria Group
Philip Morris
UBS Warburg
Florida Tobacco
Vodafone
New York Stock Exchange
Japan
France
Britain
Emet Lychee Caxty
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