Word: braches
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...factory in Hildesheim, Germany, and move production to a new plant in Miskolc, Hungary. The move will reduce the workforce at the German factory by almost half. Some executives are thinking about even more radical moves, such as transferring not just their production facilities but their entire companies. Hans Brach, who owns an air-conditioning company that employs 50 workers, says he is seriously considering moving his headquarters to Switzerland or the Czech Republic. "If conditions [in Germany] continue, we will end up in a state administered by socialist principles and the free market will be controlled by the state...
...subsidies is borne by sweet-toothed folks--and the manufacturers that make their candy. In all, the U.S. General Accounting Office says the program cost consumers and users $1.9 billion in 1998. The tab is pushing manufacturers to close up shop or move out of the country. Chicago-based Brach's announced last year that it would close its large manufacturing plant in the city and shed more than 1,000 jobs; it will outsource candymaking to Argentina's Grupo Arcor. Kraft Foods, meanwhile, intends to close its Holland, Mich., manufacturing facility for Life Savers next year, and plans...
Investigators said last week that Brach had been romanced by a horse trader who defrauded her of hundreds of thousands of dollars and had her killed when she threatened to expose him. The long inquiry into her disappearance broadened when one contact led to another in the silky world of expensive horseflesh, and stories began to emerge of heavily insured animals that were clubbed, electrocuted and burned alive. The man responsible for the death of Brach, according to authorities, was just one part of a big, sorry picture involving prominent horse owners, trainers, riders and veterinarians. In all, 23 people...
...case of Helen Brach was legend in Chicago. She had $20 million, and the last time anyone saw her was Feb. 17, 1977. She was 65 and had been a widow since 1970, when her husband, Frank, co-founder of the candy company E.J. Brach & Sons, died at the age of 79. They met in Miami in 1950 at a country club where she ran the hat-check concession. She wasn't very social. She was obsessively attached to her pets; she once chartered a plane home from the Bahamas to tend a mongrel with a bad kidney. She favored...
Bailey, a Chicago stable owner, was questioned and released in the 1970s. Last week, Bailey, now 62, was charged with soliciting Brach's murder. An unnamed accomplice was reported to be cooperating with the authorities, who did not say how the widow died or where the body was hidden. The Brach case occupied only a page and a quarter of a lengthy indictment that listed 12 other women whom Bailey allegedly defrauded of half a million dollars over the past 20 years. According to a lawyer for the Brach estate, the widow was seduced into spending at least...