Word: mille
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Dates: during 1980-1989
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...movies that just don't happen in what we call real life. Some films afford their audiences a fantastic escape from daily existence, others, by pretending to be plausible, simply embarrass James Foley's Reckless is the embarrassing sort. Its portrayal of two teenagers trying to escape an American mill town--a virtual rewrite of John Sayles's 1982 Baby. It's You--is annoying rather than inspiring...
...Steel Chairman David M. Roderick called the company's action a "facility rationalization." In fact, its action was a meticulous paring of U.S. Steel's capacity to make, forge and finish steel. Mills, foundries and blast furnaces in such famed Big Steel locations as Gary, Ind., Fairless and Homestead, Pa., and the South Works in Chicago will be shut down. Plans for a rail mill in Chicago were dropped, despite union work-rule concessions and tax breaks from the Illinois state government. Mining and chemical operations will be pruned, along with fabricating facilities in some eastern states...
Last week's surgery was by far the most drastic by a single steel company in an industry battered mercilessly during the past decade by rapidly changing economic forces. Steel has been the hardest hit of America's once proud smokestack industries, and mill business has picked up only slightly with the economic recovery...
...money and jobs are manna to many Indians. Cherokees of North Carolina have cleared $500,000 in profits from the 65,000 players who have come since 1982 to their parlor in a converted textile mill. In Florida, where the Seminoles began bingo in 1979, the 1,800-member tribe this year raked in $4.2 million from three joints. "We used to make trinkets," says Tribal Chairman James Billie, a former professional alligator wrestler, "but we didn't really have the marketing skills to make a go of that...
Auto companies are using a scaled-down version of the bankruptcy ploy on individual plants. When Ford Motor Co failed to extract concessions from the U.A.W. at its unprofitable Rouge steelmaking operations, it announced plans to curtail production sharply. Four days later, the union accepted concessions, and the mill was kept open. When U.A.W. workers at Ford's Sheffield, Ala., aluminum-casting plant did not accept 50% wage and benefit cuts or the company's offer to sell them the plant, it was closed last June...