Companies prepare for Y2K fix across industries
Elyria Manufacturing Corp owner Brad Ohlemacher describes five years of Y2K prep including new computers and upgraded systems. He notes thousands of programs to check and estimates about $15,000 more for phone upgrades while fearing possible utility outages. Ohio Edison spokesman Todd Snedder says the company spent $72 million to ready its systems for one minute after midnight on January 1 2000.
MENTIONED IN THIS ARTICLE
Elyria
Brad Ohlemacher
Ohlemacher
Elyria Manufacturing Corp
Chlemacher
Elyria Manufacturing
Chic Edison
Todd Schneder
Ohio Edison
Avoiding disaster costs billions as Y2K fix accelerates
Elyria reports the Year 2000 computer bug spurs trillions in upgrades across federal state and local governments and private firms to prevent 12:01 a.m. Jan 1 2000 failures. Officials warn outdated programs could crash planes and halt air traffic control and Wall Street activity.
MENTIONED IN THIS ARTICLE
Elyria
Wall Street
Millennium bug caution from PC Elite in Amherst
Brent Gueth, a PC Elite technician, warns that home computers should be fine after the millennium but advises checking date sensitive finance software and any potential upgrades. He notes no widespread panic but recommends confirming software readiness for Jan 1, 2000.
MENTIONED IN THIS ARTICLE
PC Elite
Amherst
Gaeth
Third generation Bigelow steers family tea empire
Fairfield based Bigelow Inc led by Cindi Bigelow, 38, oversees operations across three plants with 300 of 400 employees under her. Daughter of David and Eunice, she joined in 1984 after Boston College, rising to VP of operations nine months ago. The firm accounts for about 24 percent of the herbal tea market, competing with Celestial Seasonings, and produces nearly 1 billion tea bags yearly.
MENTIONED IN THIS ARTICLE
Cindi Bigelow
Indi Bigelow
David
Eunice Bigelow
Bigelow
Fairfield
Celestial Seasonings Inc
Celestial
Boston College
Seagram Co
Fairfeld, Conn
Signs of Deflation Seen Across U S Economy
New York AP notes deflation hints appear as grain prices fall and gas pump costs ease, while the CPI edges up 0.2 percent in August and the PPI drops in eight of ten months. Greenspan warns inflation remains but deflation fears rise, with contagious global effects and potential job cuts, lower wages, and altered investment and pricing dynamics. The piece argues both inflation and deflation remain threats with pockets of deflation already visible.
MENTIONED IN THIS ARTICLE
New York
U.S
Federal Reserve
Alan Greenspan
United States
Also Mentioned on This Page
Brent Gueth
Vermilion
Joe Samovsky
Center
Net
Gene Magda
Lakewood
Gram
Jane Trager
The
Chronicle-Telegram
Lorain
Conn
Ruth Campbell Bigelow
R.C. Bigelow Inc
Bigeow
Presi
Bigelow, C2
U.S. Treasury
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