AK Steel union eyes wider affiliation at Middletown Works
The Armco Employees Independent Federation opened talks to affiliate with the International Association of Machinists and Aerospace Workers. The move could place AK Steel workers in a multi employer pension plan and 401(k) style savings, aiding negotiations after a three month lockout of about 2,700 workers. President Brian Daley said joining the plan is desired but requires affiliation.
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AK Steel
Middletown Works
International Association of Machinists and Aerospace Workers
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Brian Daley
Armco Employees Independent Federation
Titanium boom spurs new RTI plants in Ohio
The titanium surge boosts RTI International Metals in Niles and spurs planned Ohio plants. RTI, with 1200 plus workers, aims to add capacity 35 percent as Airbus and Boeing push higher titanium content jetliners. ATI Wah Chang also plans $35 million expansion creating up to 75 jobs in Niles or Canton.
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GM names Troy Clarke North America president
GM appointed Troy Clarke president of its North America operations effective July 1 to lead day to day business in GM's largest region as part of a restructuring. Wagner had held the post since 2005 and Clarke previously led GM Asia Pacific. Deutsche Bank downgraded GM stock later the same day.
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Lorain County Auditor Announces CAFR Availability
Mark R Stewart Lorain County Auditor states the Comprehensive Annual Financial Report for the year ended December 31 2005 is complete and available for public inspection at the Office of the County Auditor. The report was submitted to the Government Financial Officers Association for review to pursue the Certificate of Achievement for Excellence in Financial Reporting for the eleventh consecutive year.
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Government Financial Officers Association
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