Word: goodrich
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...combines are selling even more slowly. Some 37,000 workers, about 25% of the total in the farm equipment industry, have been laid off. International Harvester, one of the industry giants, lost $393 million last year and an additional $299 million so far this year. Says Don Goodrich, who hopes to sell his Harvester dealership in Gilmore City, Iowa: "You'll see a lot more dealers trying to get out unless there's a turn-around soon." Adds Lloyd Long, a John Deere dealer in Oklahoma: "Reagan tells us to tighten our belts, but this is turning into...
...past two years, 18 tire plants have been closed and 25,000 jobs eliminated. Says Ralph Eifert, Firestone's vice president of employee relations: "We're in difficult times. We know it, and the unions know it too." The four major tire manufacturers (Goodyear, Firestone, B.F. Goodrich and Uniroyal) want to reduce paid holidays and other fringe benefits and cut back on cost of living adjustments...
Commission's Houston office. Their fortunes will depend on the skills they bring. Lyle Cousins, 39, a truck driver from Goodrich, Mich., had no problem. "I came to Houston on a Friday, got my Texas driver's license on Monday and started work on Tuesday," says Cousins, whose living-room couch has been occupied ever since by friends and relatives in town to find...
...five largest firms-Goodyear, Firestone, BF Goodrich, Uniroyal and General Tire & Rubber-which account for the bulk oi the industry's daily output of 700,000-plus tires, are having...
...rubber companies howled in outrage, for they feared that the Government was letting Jersey Standard into their business. So Newhall spread the manufacture of butadiene and styrene among 14 oil companies, six chemical companies and one rayon firm. The raw materials were then shipped to plants operated by B.F. Goodrich, Goodyear, Firestone and U.S. Rubber, where they were mixed and turned into products. Thus, rubber companies kept control of their industry...