Word: shutdown
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Dates: during 1940-1949
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...other owners' representatives, the three public representatives) opposed the key recommendations of the report: 1) a three-year levy on each spindle for a fund which the Government would use to help equip plants with new machines; 2) grouping of small mills into larger, more economical units; 3) shutdown of plants now having idle machines (because of labor shortage), to permit more intensive use of their labor force in modern plants...
...whole exhausting shutdown had stemmed from his demand for complete control of a miner's health and welfare fund. The mine owners had agreed almost at the start to pay royalties into it. They had even mentioned the 5?-a-ton figure which was ultimately agreed upon. They had balked at giving John L. complete control and he had refused to negotiate further. But he had happily accepted joint control from the Government...
...YORK-The New York Stock Exchange will be closed tomorrow because of the rail strike, its first shutdown in history caused by labor disturbances, the Board of Governors announced...
...this rate was only one-third of the quotas which the automakers had set themselves. And there was every chance that shortages of materials and strikes would shut down the industry completely. Except for a steel strike, the most immediate threat of a shutdown was the seven-week strike in the glass industry. The creeping glass shortage had already closed Nash, was slowing down Willys' production of civilian jeeps, was holding Ford down (Ford makes some of its own glass). If this strike were not settled soon, Hudson and Studebaker might be forced to close in four weeks. Even...
Packard's problems are just as serious. Packard's basic wage scale, said Christopher, has increased 12% since 1942; overall production costs are up 17%. So, said he, if OPA holds firm on prices, and labor insists on a 30% wage boost, the auto industry faces shutdown or bankruptcy...