Wean to supply equipment for USS Kobe billet system
Wean Industries with Nissho Iwai American Corp will provide about 1 million dollars of material handling gear for a billet conditioning and inspection system at the USS Kobe plant in Lorain. Start up is planned later this year. The system handles up to 8 by 8 inch squares and 7 inch diameter rounds, with 42 foot lengths, plus heavy-duty conveyors, walking beam, and downs. The setup includes shot blast cleaning and ultraviolet light inspection to produce billets for conversion to bar, rod, and wire products. Wean Industries is a division of Wean Inc., Pittsburgh, a leading supplier for processing flat-rolled metals and related products.
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USS/Kobe
Lorain
Wean Industries
Nissho Iwai American Corp
Wean
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Overseas markets react unevenly to Clinton victory
The dollar rose modestly in Asian trading after Clinton's decisive win, lifting the yen to around 122.90 in Tokyo while markets in Tokyo and Hong Kong moved little on technical factors. Traders cited expectations of higher spending and possible inflation, though equities showed muted responses as fear of policy shifts receded.
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Bill Clinton
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Trade war looms after impasse in farm talks
CHICAGO AP The United States and the European Community face a looming trade war after three days of talks on farm policy ended without agreement. Agriculture Secretary Edward Madigan said he will urge punitive tariffs on European farm goods, while the EC warned of retaliatory sanctions. The dispute centers on European oilseed subsidies and their impact on U.S. soybean exports, with the U.S. estimating a $1 billion annual loss. Washington threatens up to $1 billion in tariffs on European products including French wine.
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Kopf Re-elected Chairman of American National Bank
Kopf Builders head Kopf is re-elected board chairman of American National Bank, Parma based with a Cleveland Playhouse Square office. The bank, serving small business lenders, named Wise as president CEO and Siegal as board chairman. other members include Gallucci, Gallucci, Ohradzansky, Olympic Steel’s Ohradzansky, and Szeretvai of Vantage Financial Group.
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American Nat'l Bank
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Bucky Kopf
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Cleveland
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Alvin Siegal
Lender Mortgage Co
Richard E. Wise
Frank Gallucci
Gust Gallucci
Thomas Ohradzansky
George Szeretvai
Vantage Financial Group
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