Economy improves as Clinton heads into office
Economists foresee a easing recession giving way to slow expansion aiding Bill Clinton. They cite rising retail sales and credit growth, healthier consumer confidence, and structural U.S. industry reforms as the economy steadies for a proposed fiscal shift and new administration.
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Beckett Receives First Supplier Certification Award
The R. W. Beckett Corp. received Armstrong Air Conditioning first Supplier Certification Award on November 17 at its North Ridgeville plant. John D. Beckett accepted as employees attended a luncheon. Beckett oil burners arrive defect free for immediate furnace assembly. Armstrong says over 100 suppliers exist, with Beckett among the first to be certified.
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Martin Marietta to Buy GE Aerospace Division
The Washington Post reports Martin Marietta plans to acquire a large part of General Electric Aerospace, potentially doubling its size and boosting its role in space intelligence and missile defense programs. GE Aerospace last year earned 5.3 billion dollars in revenue with 655 million in profit.
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