Word: kaisers
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...less than 5% but also for companies to keep their 1978 price increases below the average of the past two years. A scattering of the nation's largest companies have agreed to cooperate on the question of executive salary increases, but until Bethlehem, only a few, such as Kaiser Aluminum and Ford Motor Co., have actually put a lid on prices as well...
Some companies still consider a refusal to transfer to be an act of disloyalty that can ruin a promising career. But most firms are becoming more understanding, and some are willing to make special arrangements. After Jo Anne Kaiser, 28, a former Bonwit Teller buyer, refused to leave her new home in Orlando, Fla., for a headquarters job in Miami, Burdine's, a big department-store chain, agreed to a setup by which she spends only two days a week in Miami and goes to New York on buying trips every six weeks. Says Celanese's Wall...
...Kaiser Aluminum plant in Gramercy, La., the company and the employees' union, the United Steel workers of America, agreed that half of those admitted to a craft job-training program would be minorities; separate seniority lists for minorities and whites were drawn up to screen program applicants. A white male applicant named Brian Weber sued for admission to the program claiming he had more seniority than many of the minority members accepted. Weber won his case in a 2-to-1 decision of the Court of Appeals for the Fifth Circuit. The judges denied a petition from Kaiser...
Since 1973 the price of aluminum has jumped from 25? per Ib. to 53?. The gap between supply and demand, some industry leaders assert, will drive the price considerably higher, at least to 60? by the early 1980s. Earnings of the big four, Alcoa, Alcan, Reynolds and Kaiser, which control nearly three-quarters of the U.S. market, have climbed sharply. With considerable understatement, W.H. Krome George, chief executive of Alcoa, says, "For once in our life we have been fairly lucky. Things are rolling along pretty good...
...discipline the industry's efforts to increase prices, was virtually depleted. More important, the race to add new capacity was halted. The reason: it now costs $2,000 per ton (double the figure of five years ago) to build a new plant, according to Cornell Maier, president of Kaiser. That considerable figure does not include the costs of developing sources of bauxite, the reddish, earthy raw material, or of electricity, which is used to transform the ore by a reduction process into metal. Even though the industry is operating at full capacity, its rate of return on investment falls...