Word: laborative
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...rating has dropped to 34% in the most recent Gallup poll. But perhaps the cruelest blow came last week, when nearly 100 members of her party refused to back a Thatcher proposal to raise salaries for top government officials by as much as 46%. Both the Tory rebels and Labor opponents denounced the raises as insensitive, coming at a time when the government is pushing teachers, nurses and dockyard workers to accept increases of less than 6%. After a bitter debate, the House of Commons passed the government motion 249 to 232, the narrowest margin on any parliamentary vote since...
...site was originally expected to be made in April, but the suspense has dragged on maddeningly as GM considered more than 100 locations. Last week the company cleared away the last obstacle to a decision when it reached an agreement with the United Auto Workers on an innovative labor contract for the Saturn plant's employees. As a result, GM will announce this week the location of what will be, in the words of one company official, "the largest manufacturing complex that anyone has ever built anywhere at one time...
...only about 30 miles from Smyrna, where Nissan builds cars and trucks, and some 30 miles from La Vergne, where Bridgestone makes tires. The success that these two Japanese companies have had in Tennessee reportedly impressed GM, as did the state's abundant electricity, favorable tax structure and productive labor force. Despite its fame as the home of Grand Ole Opry and Jack Daniel's whisky, Tennessee has quietly become a thriving business center; 100 corporations, including Federal Express and Magic Chef, have their headquarters in the state...
...wholly owned by GM, the factory will be the centerpiece of an entirely new company called Saturn Corp., which will have its own executives and engineers and a separate network of dealers. GM's plan is to give its new offspring the freedom to use advanced technology and flexible labor practices to erase the $2,000-per-car cost advantage that the Japanese enjoy on small cars. Chairman Roger Smith calls Saturn the key to GM's competitiveness, survival and success as a domestic producer...
...stately Peabody Hotel, once a favorite gathering place for Southern plantation owners. Alexander and Baker explained that Tennessee's constitution prohibits it from giving financial incentives to companies. They also emphasized that the state has a pro-business government, no income tax on wages and salaries, and a hardworking labor force. Another selling point was that Nissan and Bridgestone have achieved unusually high productivity and quality in Tennessee. One Nissan study showed that trucks built at Smyrna had 11% fewer defects after being on the road for three months than models assembled in Japan...