Word: shuttered
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Dates: during 2000-2009
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Already, as more integrated mills shutter their furnaces, the minis keep expanding. Steel Dynamics broke ground on a $315 million structural-steel and rail mill in Columbia City, Ind., last May. And just outside Mobile, Ala., a $35 million heavy-plate and coil mill went online last year, built by the Canadian firm IPSCO. Why did IPSCO invest in Alabama? A $500 million package of tax breaks and subsidies, including money for roads, rail service and docks along the Mobile River, helped attract the company, said a spokesman. So did the weakness of unions in Alabama...
Late last week Hearst and Miramax told Brown time had run out, and she flew from the Golden Globe parties in Los Angeles to shutter the offices. Outside, photographers showed up to capture the end, as they did the beginning, ashes to ashes, buzz to bust...
...didn't notice the second time he was photographed on the job. It happened around the 20th floor in a crowded stairwell of the burning 1 World Trade Center. A Port Authority contractor had grabbed his digital camera on his rush down from the 71st floor and released the shutter just as Mike, a fireman with Engine 28, was climbing to the scene of the blaze...
Lately, though, investors have renewed their faith in both companies. Mattel's stock has climbed 28% this year, while Hasbro's has risen 63%. Mattel CEO Robert Eckert plans to slash 1,300 jobs and shutter the firm's last U.S. plant (most toys are made in low-wage Southeast Asia and China.) He has moved product-development teams from El Segundo, Calif., to Hong Kong, where they can better coordinate manufacturing. Result: a leaner, nimbler operation, with toys shipped to retailers earlier in the season to avoid supply disruptions...
Hoffa is also posting his valentines to 1600 Pennsylvania Avenue. The hope is that the Justice Department will shutter the three-member Independent Review Board, which monitors the union for fraud. Hoffa, who gets to choose one board member, has opted for G.O.P.-friendly lawyer Joe DiGenova. The Administration picks the other, and the two members select the third. Hoffa's move is likely to appease skeptical Republicans if the watchdog group says the Teamsters are clean...