Norwalk plant hit by union strike over contract vote
About 35 union members from Local 2403 picketed Industrial Powder Coating at 204 Republic St after a new three year contract was ratified. The plant employs 600 workers manufacturing auto parts. Union officials claim management used scare tactics and bypassed the executive board to pressure a vote. Company attorney says a clear majority approved the contract with about 15 affected workers. Lenders have restricted IPC finances, while MG Capital pledges to keep the plant open.
MENTIONED IN THIS ARTICLE
Norwalk
Lorain County
Republic St
Union of Needle Trades Industrial and Textile Employees
Motor Companies
Juan Padilla
Lorain
Neil Stern
Chicago
Padilla
Bill Prelipp
Gary Lee
South Amherst
Alain Kodsi
Antonio Gracias
MG Capital
New York
Intermet
Troy
Mich
Stern
Prelipp
IPC
Nordson acquires Georgia firm and expands nonwovens reach
Nordson Corp completed the purchase of BDL Holdings Inc parent of J and M Laboratories in Dawsonville Georgia. The deal adds melt blowing and adhesive dispensing tech to Nordson's nonwovens business boosting sales reach and support. J and M employs 85 people with 1998 sales projected at 21 million. Nordson 1997 fiscal sales 636.7 million and EPS 2.85. Also NBC plans 250 job cuts amid rising costs to finance ER stars and talent spending.
MENTIONED IN THIS ARTICLE
Westlake — Nordson Corp
BDL Holdings, Inc
J & M Laboratories, Inc
Dawsonville, Ga
J & M Laboratories
Regulators propose plain language for phone bills
Federal regulators concede they struggle to decode customer bills and propose steps to simplify billing. The move aims to curb unauthorized third party charges and protect consumers from being "crammed" with hidden fees.
MENTIONED IN THIS ARTICLE
Washington
Federal Communications Commission
Local Stocks Quotation Summary by Aim and Walnut Street
Early quotation data from Aim Investment Securities via Walnut Street Securities lists Allied Corporation American Greetings Bob Evans Farms Chrysler Columbia Gas GVS and many others with mixed percentages and prices. The fragmentary figures include numerous percentages, prices, and codes across multiple companies and sectors, reflecting a dense snapshot of a live market page.
MENTIONED IN THIS ARTICLE
Aim Investment
Walnut Street Secunties, Inc
NASD
SIPC
AISG
WSS
Allied Corporation Alltes American Greetings
Bob Evans Farms
Wage Fair Chrysler
Columbia Gas
GVS Comp
Toys R Us to remodel while Sun TV shuts Elyria store
Elyria shoppers will see Toys R Us stay open as Sun TV and Appliance plans closing its Elyria outlet. The retailer intends a broad remodel adding departments for electronics and clothing while cutting about 3,000 jobs worldwide. International stores will close, and Kids R Us shops will merge with Toys R Us. Robert Nakasone aims to lift profits, analysts remain cautious.
MENTIONED IN THIS ARTICLE
Elyria
Midway Mall
Sun TV
Toys R Us
West River Road
Rebecca Caruso
Appliance
United States
France
Germany
Kids R Us
Robert Nakasone
Ursula Moran
Sanford C. Bernstein
Bernstein
Europe
American Greetings to Cut Jobs and Close Operations
American Greetings Corp will eliminate an undetermined number of jobs and close some operations over the next year to cut costs by 20 million dollars. The firm with 21,000 employees expects no more than 2 percent affected. Q2 earnings fell 47 percent, though up nearly 8 percent after a one year effect from subsidiary sales.
MENTIONED IN THIS ARTICLE
Cleveland
American Greetings Corp
Jim King
American Greetings
Also Mentioned on This Page
Norwalk Coating Company
Nordson
Georgia Company
John E. Jackson
Nordson Corp
NBC
Helen Hunt
Kassie Canter
Robert Wright
ADM
Archer Daniels Midland Co
Michael Andreas
Terrance Wilson
Mark Whitacre
FBI
Mead Corp
Creative Point
Dayton
Fremont
Calif
Louisiana Pacific Corp
Mead
Freddie Mac
America
Clinton
Alan Greenspan
Intertrade Holdings, Inc
Copperhill
Tenn
NYS Aba
Rte
PriPet
Aurnab Riteads
RoytDut Sbc
Saralee ‘Schimb Telex Taveta
AG -Seg
Emerson Electre
Lesco Inc
RPM Inc
Sherwin Williams
Englehard
Limited
FirstEnergy
Micd-Am. Inc
Smackers/SJMA
Steris
FirstMent Bancorp
Ford Motor
Northern Savings
Sunrise Medical Se T.rw
General Motors
OfficeMax Inc
P.N.C. Corp
U5sx
Parker Han
Lear
LNB Bancorp
AMR
At&t
He Deere
DuPont
Kodak
Entel
Exxon
Bost
Westfield Companies
Somers
Somers Agency
Umance Snce
Wena
Toys R
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