Word: sumitomo
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...there, 45 minutes after the start of last Wednesday's 7 a.m. shift at the Sumitomo Electric Fiber Optics Corp., that Ladislav Antalik, 38, from the former Czechoslovakia, turned his bile into a bloody mess. Antalik's behavior was not a complete surprise to those who knew him. He was a loner and, some say, not very good at his job; he had chafed under a female supervisor. A few days after quitting, he had returned to Sumitomo and tried to go back to work, only to be escorted off the property by sheriff's deputies...
Maybe it wasn't such a bad deal after all. Last December, Los Angeles awarded Japan's Sumitomo Corp. a contract to build 41 cars for its light-rail system. A month later, the company was derailed from the $121 million contract when, in a fit of buy-American sentiment stirred in part by George Bush's visit to Japan, the Los Angeles County Transportation Commission canceled the deal and said it would rewrite the specifications to attract a U.S. company. Last week the commission revealed the firm selected to build 15 of the new cars: Sumitomo Corp...
After considerable searching, the panel admitted, it had found no American contractor that would agree to accept the revised specs. To save face for Angelenos, the new contract includes a Sumitomo commitment to ship cars from its Nagoya factory to Los Angeles in partly completed condition -- thus creating 79 assembly jobs in Los Angeles -- and to spend 60% of the contract's value...
...square-foot retail and office behemoth, home to The Limited and British record store chain HMV, sent its developer, Ivanhoe Ltd. Partnership, into bankruptcy. One Brattle Square was sold in foreclosure auction this summer for $30 million to Sumitomo Trust, the Japanese bank that financed the building, according to John P. DiGiovanni, vice president of Trinity Property Management...
...retail spots on the first floor remain glaringly empty, and DiGiovanni believes it may be more than a decade before the project ever shows a profit. DiGiovanni did add, though, that Sumitomo has the staying power necessary to wait out the bad times...