Word: paso
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Last May, one-fourth of the 9,500 employees of Farah Manufacturing Co., one of the nation's largest makers of men's pants, walked off the job in El Paso, Texas. The company refused to recognize the strikers' demand to be represented by a union (the Amalgamated Clothing Workers of America), much less bargain with them for higher wages. Strike leaders called a national boycott of Farah goods and, since 95% of the company's work force is Mexican-American, the company was soon squirming under the heat of a popular Chicano cause rivaling...
...bishop of El Paso, the Most Rev. Sidney M. Metzger, sent a letter to all U.S. Catholic bishops, lambasting Farah for unfair labor practices and asking his fellow clergymen to bring pressure on retailers not to reorder from the company. "I feel that the company is acting unjustly in denying to the workers the basic right to collective bargaining," the bishop declared...
...first the merger appeared routine. Pacific Northwest, formed by a group of engineers in 1954, did little better than break even during its first three years. With the approval of Pacific Northwest directors, El Paso bought the firm for stock worth $151.8 million. El Paso executives explained that they wanted the pipeline primarily to link their company's own pipes with new gas finds in Canada. But Justice Department lawyers thought that El Paso was really out to protect its position as the only major out-of-state supplier of natural gas to California. Pacific Northwest had not then...
...federal judge in Utah ruled in favor of El Paso in 1962, but the Supreme Court overturned the decision in 1964. The same lower-court judge then approved a divestiture agreement that kept effective control of Pacific Northwest in the hands of El Paso's management. In 1967 the Supreme Court removed the Utah judge from the case and ordered that Pacific Northwest be sold to an independent third party. A federal judge in Colorado then approved another divestiture proposal in 1968, but the Supreme Court later threw it out. Last year the Colorado federal court approved...
...order will create a sizable new company, to be called Northwest Pipeline, with assets of $300 million and revenues of $190 million a year. It will rank fourth in North American natural gas reserves after El Paso, Tennessee Gas Pipeline Co. and Northern Natural Gas Co. The Apco Group will buy 20% of Pacific Northwest for a price still to be negotiated; El Paso shareholders will have options on the remaining 80% of the stock...