Word: milles
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Dates: during 1990-1999
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...managers, have made their bosses look a good deal less benevolent. After Armco Steel announced a stock offering that included $45 million to be sold to key managers on generous terms, while leaving health and benefit plans unfunded to the tune of $1 billion, workers at the Middleton, Ohio, mill demanded an election to dump a 50-year-old company association and replace it with a United Steelworkers local. The election was held in May, and the USW seemed to win, though nobody actually knows yet: the company got the NLRB to issue an injunction impounding the ballots...
After the Ravenswood Aluminum Co. locked out members of the USW from a mill in West Virginia and hired nonunion workers to replace them, the AFL-CIO traced the company's ownership to Marc Rich. He is a former commodities speculator who fled the U.S., pursued by a flock of indictments, and rules interests throughout Europe. For almost two years, at the U.S. federation's request, unions in 20 countries harassed and disrupted Rich's activities until, in mid-1992, he ended the West Virginia lockout...
Humboldt is a region of hardscrabble logging towns along Highway 101 on the foggy coast of northern California. Here it is still possible to see a big truck grinding toward the Pacific Lumber mill at Scotia with a single, monstrous redwood log, 15 ft. in diameter. A tree that can produce logs this size is worth upwards...
Hero or villain? Hurwitz didn't fire anybody; he hired more workers and added a fourth mill. He continued a Pacific Lumber practice of giving a college scholarship to every employee's child who finished high school. Top hourly pay runs about $15 to $16 an hour, in an area of high unemployment. When he refinanced Pacific's debt a year ago, issuing $620 million in high-interest bonds to pay off $510 million in junkers, the fact that he also paid Maxxam a $25 million dividend from the new debt raised only murmurs. That was how the big boys...
Among these segregated but proud institutions was the elementary school where generations received the sort of rigorous education that inner-city blacks today can hardly imagine. Another was the separate-but-more-than-equal "colored picnic," where blacks who worked at the paper mill gathered to dance, play bid whist and gorge themselves on soul food. Small wonder, as Gates writes, that for many of his parents' generation, "integration was experienced as a loss . . . Who in his right mind would want to go to the mill picnic with the white folks when it meant shutting the colored one down...