Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: FRIDAY, February 14, 1992 TAG: 9202140156
SECTION: BUSINESS PAGE: A-7 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
IN BUSINESS
Worker dating not a matter of policyA national organization of personnel executives used Valentine's Day as an opportunity to raise work-place sexual concerns.
Michael R. Losey, president of Alexandria-based Society for Human Resource Management, said Thursday it is "concerned about the number of employers who do not have policies on such important, and potentially damaging, issues as sexual harassment and employee dating. In fact, survey data indicates that the majority of companies do not view sexual harassment as a major area of concern."
A 1991 survey found that nearly 60 percent of respondents do not consider employee dating within the organization a problem and 39 percent consider it only a minor problem, the society said. Sixty-seven percent cited office gossip as the biggest potential problem associated with employee dating, while 47 percent cited sexual harassment claims as a potential problem.
- Staff report
Va. lamb producers seek better strategy
A group of Northern Virginia farmers says the state's lamb industry could be doomed without an aggressive marketing strategy.
Many farmers are losing money on each lamb they sell because the cost of raising the animals has increased at the same time prices paid to farmers have dropped.
"It now costs $75 a year to raise a ewe. For every lamb I sell, I'm losing $13," said Sue Platts, who raises 15 sheep on her Culpeper County farm. "You can only produce at a loss for so long and then you have to go out of business." - Associated Press
Pittston cuts deal with Addington Inc.
Addington Resources Inc. of Addington, Ky., said Thursday it is selling its Kanawha Land Co. subsidiary and certain mining equipment to Pittston Coal Co. for $51 million and may dispose of another operation in Illinois.
Addington also said Pittston has an option to buy additional mining equipment for $8.5 million.
All of the Kanawha Land holdings are in West Virginia. The assets include two long-term coal-supply contracts with Roanoke-based Appalachian Power Co. that call for delivery of 21 million tons of coal over the next 15 years.
The sale does not include any mining operations, but it will significantly scale back Addington's business in West Virginia, said Doug Striebel, chief financial officer.
The agreement calls for subsidiaries of Stamford, Conn.-based Pittston to buy certain mining equipment and up to 1,790,000 tons of coal from one of Addington's mines in West Virginia for $27 per ton through 1994.
Addington is to buy 2.3 million tons of coal from one of Pittston's eastern Kentucky mines through February 1996. The price will start at $25 a ton and rise 3 percent a year. - Associated Press
Eckerd postpones Revco revamp plan
Jack Eckerd Corp., a Clearwater, Fla. drug store operator, and Revco D.S. Inc., parent of the Revco drug store chain, said Thursday that Eckerd will postpone indefinitely consideration of its plan of reorganization for Revco. This will permit an amended Revco plan to proceed with confirmation in bankruptcy court without expense and delay.
The Revco plan has been amended to pay Eckerd $7.5 million to cover Eckerd's plan-related expenses. - Staff report