понедельник, 12 марта 2012 г.

THE TICKER

CAT MOVING JOBS: Caterpillar Inc. is moving 100 more United AutoWorkers jobs from its plant in East Peoria to a non-unionmanufacturer in North Carolina, a newspaper reported Tuesday.Company figures show the move could save Peoria-based Caterpillarmore than $6 million a year in wages and benefits, the Journal Starof Peoria reported. Early next month, CR Industries' plant inFranklin, N.C., will begin making seals used in much of Caterpillar'sequipment, the report said, citing an unidentified company source.Elgin-based CR Industries formerly was called Chicago Rawhide.Caterpillar spokesman Terry Thorstenson refused to comment, but a CRspokeswoman confirmed the company will be handling the work. WOMEN BOSSES HAILED: If women ran the corporations of America,employee relations would improve and businesses would be moreenvironmentally sensitive, female executives said in a surveyreleased Tuesday. Male executives, on the other hand, said thingswould pretty much stay the same. In a survey of the 1,000 largestU.S. companies, 416 men and 90 women in executive positions wereasked what would happen if the ratio of male to female chiefexecutives - 997 to three - were reversed. Seventy-one percent ofthe female respondents said employee relations would improve and 52percent said companies would be more environmentally concerned.Among men, 36 percent felt the same on both counts, according to thesurvey by Brouillard Communications, an advertising and publicrelations agency. WESTINGHOUSE IN CHINA: Westinghouse Electric Corp. said Tuesday itis in final talks for several power-generating projects in China."The deals will be power-generated related and we hope to reach someagreemeents shortly," said Paul Tobin, a spokesman for Westinghouse. NEW HONDA CENTER: American Honda broke ground Tuesday on a $30million parts redistribution center that will support the company'snine regional facilities in the United States supplying Honda andAcura dealers. The center will cover more than 800,000 square feeton a 104-acre site when completed in early 1996. It initially willemploy 40 people. The facility will stock parts and accessories forcars and Honda motorcycles and lawn mowers purchased from around theworld. CHRYSLER DENIES REPORT: Chrysler Corp. said Tuesday its 42percent-owned affiliate Beijing Jeep Corp. "has absolutely nothing todo" with Beijing Automotive Industrial Corp., which has been accusedin a newspaper report of using parts made in a prison labor camp nearthe capital. The Hong Kong-based Eastern Express newspaper said ithad documents showing that BAIC, which it said was a companyassociated with Beijing Automotive Works, Chrysler's partner inBeijing Jeep, collaborates with the Xinrong prison labor camp to makecoaches and auto parts for the city's automobile industry. "Ourfirst move will be to inquire what level of validity there is to thisclaim, and see what response Beijing Automotive Works gives," saidTony Cervone, manager of international public relations for Chrysler.Chrysler, in a statement issued Tuesday, said it has "absolutely noownership or involvement in Beijing Auto Industrial Corp. (BAIC),where the allegations have been made."

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