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...save his company, Wagoner will have to persuade the U.A.W. that what's good for GM is good for labor, even if it means shutting down plants and laying off workers. The company can't slim down easily, a legacy of earlier battles with the U.A.W. and labor deals that make it prohibitively expensive to shutter factories. What happens to a GM worker when his or her plant shuts down? Not much. Under GM's contract with the U.A.W., laid-off workers are entitled to 95% of their salary plus benefits for nearly two years. So while closing factories saves...

Author: /time Magazine | Title: How GM Can Fix Itself | 11/27/2005 | See Source »

...This article contains a complex chart -- Please see hardcopy of magazine or PDF.] Standing under a fading blue sign that says BIRTHPLACE OF THE AMERICAN V6, Allan Taylor gestures at the factory behind him and grimaces. "Everything in there is obsolete," he says of the Buick engine plant. Taylor has spent 30 years there, and at 59 he's nearing retirement. It's a good thing too, since the plant won't be running much longer. General Motors plans to shut it down in 2008, one of nine factories the company aims to close, eliminating 30,000 jobs. Taylor...

Author: /time Magazine | Title: How GM Can Fix Itself | 11/27/2005 | See Source »

While line workers at the nine GM plants scheduled to shut down ponder their uncertain future, the mood at Honda's two assembly plants in Ohio is full of hope. The Japanese company is in expansion mode in the U.S., with the Ohio plants and a third in Alabama ramping up production. Honda is spending $123 million to replace the paint shop at the Marysville, Ohio, plant and another $89 million to expand its nearby parts-distribution center. The East Liberty plant recently launched the stylish new Honda Civic, which last week was named Motor Trend...

Author: /time Magazine | Title: Jobs in Automaking: How Foreign Plants Are Booming | 11/27/2005 | See Source »

...employee of an orphanage, the Harbin Child Welfare Institution, says a local mineral-water plant allowed him to fill several dozen vats with water shortly after the announcement was made. The children in his care should have enough water for several days. "They said we can go back and fill up again if necessary," he said. The city's Obstetrics Hospital says it still has enough water for women giving birth, but that doctors are washing their hands with dirty, used water...

Author: /time Magazine | Title: China Explosion Leaves Millions Without Water | 11/22/2005 | See Source »

...explosion upstream had occurred at the Jilin Petrochemical Company, which is owned by the state-run China National Petroleum Corporation. It has not been revealed what contaminants might have entered the Songhua River. According to Chinese media reports, the plant produced aniline, which is used to make dye, fungicide and shoe polish. The Illinois-based National Safety Council considers it an "extremely hazardous substance." In small doses it causes lethargy, while larger doses can cause coma...

Author: /time Magazine | Title: China Explosion Leaves Millions Without Water | 11/22/2005 | See Source »

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