Word: plants
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Dates: during 1980-1989
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...part of EDS. Analysts thought the talks might have been related to GM's mammoth cost- cutting effort. In recent weeks, GM has announced plans to close ten factories, terminate 29,000 workers and reduce by half the planned output at its proposed ultra-computerized Saturn plant in Tennessee. Said Ann Knight, who follows the auto industry for PaineWebber: "If GM should really downsize itself, some of its need for EDS would go away." Some observers think the negotiations did not focus on the sale of EDS but on increased business -- or a possible joint venture -- between...
...Halles -- Zola's "belly of Paris." The market, which had formed a bolus of stalled, honking traffic, was shifted to Rungis, near Orly Airport. In its place Paris received, among other things, a giant structure that looked like an oil refinery and was to be the biggest cultureprocessing plant in Europe: the Centre National d'Art Contemporain, otherwise known as the Centre Pompidou or, after its site adjacent to Les Halles, Beaubourg...
...largest film and camera maker said it will not only sell its South African business, as other companies have done, but will refuse to sell any products to South African customers. Word of Kodak's withdrawal came one day after a three-week strike ended at a GM plant that is being sold to local managers and on the same day that Hong Kong announced new sanctions. At week's end Canada-based Bata, a major shoe manufacturer, said it would sell its South African operations to foreign investors...
...plant in Port Elizabeth, already one of South Africa's most economically depressed cities, striking workers had sought severance pay from departing GM and two seats on the new board. The walkout ended when GM threatened to fire employees who did not return to work. Although 785 of the 1,800 strikers eventually lost their jobs, GM said that most of those dismissed could reapply...
...sign of the changing automotive times is that U.S. companies are collaborating with the Japanese in their new enterprises. This fall, as Toyota starts annual production of 50,000 of its peppy Corolla FX-16 at a joint- venture plant in Fremont, Calif., it is also assembling 200,000 Chevy Novas for GM. Ford, which since 1979 has owned 25% of Mazda, has agreed to buy up to 50% of the output of that company's Michigan plant, to be sold as part of the Mustang series. Chrysler and Mitsubishi have a joint project known as Diamond Star, which will...