Word: laughlin
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...industry's biggest companies have decided that the only way to survive the slide is to get together and streamline their operations. Through a swap of stocks valued at $770 million, Republic Steel of Cleveland, the fourth largest U.S. producer, intends to merge with Pittsburgh's Jones & Laughlin, which ranks third in the industry and is a subsidiary of LTV Corp., a Dallas-based corporation that also manufactures aircraft parts and rockets for the military. Together, Republic and Jones & Laughlin control 15.9% of the steel market, and the combined company, to be called LTV Steel, will stand second...
...arise from Washington because the merger would create "a stronger, more efficient steel company, better able to compete in a new world-market environment." Jones will head LTV Steel, which will be headquartered in Cleveland. Some Republic employees suggested in jest that the new company be called Bradley Jones & Laughlin...
Directed by Michael Laughlin Screenplay by William Condon and Michael Laughlin...
...fishing is the coming together of many different disciplines: casting, reading a stream's currents and knowing fish and insect habits. Lempke's cast, perhaps, is merely functional, but, says his fishing buddy Don Laughlin of Idaho Falls: "I've seen him catch a lot of fish. He may not have the prettiest cast, but his bugs look just like what's on the water. And he runs around this stream like...
...reduction in talks with the union's leaders, but the presidents of the union locals subsequently voted down that cut. Last week's agreement was approved 169 to 63 by the local chiefs representing workers in the seven largest companies: U.S. Steel, Bethlehem, Jones & Laughlin, Republic, Armco, National and Inland...