Word: roderick
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...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...
...Steel also dropped plans to start a steelmaking and fabricating venture with British Steel. The United Steelworkers of America had vigorously opposed the idea, charging that it was robbing laid-off union members of jobs. Roderick explained simply that "terms that were mutually beneficial to both companies could not be concluded...
While the share of the U.S. market going to imports has declined from 22.4% to 19.6% during the first nine months of this year compared with the same period in 1982, American steel companies are again demanding trade protection. Says U.S. Steel Chairman David Roderick: "Importation has reached dangerous levels." Last month U.S. Steel filed complaints with the Commerce Department against Brazil, Mexico and Argentina, asking Washington to slap tariffs on imports from those countries. According to U.S. Steel, government-subsidized industries are selling shipments in the U.S. at below their cost of production. Earlier this year the Commerce Department...
Professors in the department said they were especially interested in hiring scholars in the ethics and political philosophy area, because Harvard's two main practitioners at the moment--Rawls and Alford Professor of Natural Religion Roderick Firth--are nearing retirement...
...will not center on any particular issue, such as South Africa, but rather this broader question of just what the ACSR's role should be. The Harvard Board of Overseers formed a special ad hoc committee last December to begin examining the development of Harvard's investment-monitoring apparatus. Roderick Park '53, chairman of the seven-member committee, says that his group has been meeting with members of the ACSR, the Corporation, and others, and will issue a report this December on the status of Harvard's investment policy...