Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: THURSDAY, April 15, 1993 TAG: 9304150176
SECTION: BUSINESS PAGE: B8 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
IN BUSINESS
Allied-Signal, unions discuss new contractCHESTER - Negotiators for Allied-Signal Inc. and five labor unions met to discuss a new contract for the company's chemical plant in Hopewell. A three-year contract covering about 350 hourly workers, expires at midnight tonight.
Both sides worked Tuesday to avert a walkout by union members, which would put both of Allied-Signal's Richmond-area plants on strike.
Members of Teamsters Local 101 walked out March 22 after negotiations broke down, putting about 1,800 hourly employees out of work at Allied-Signal's fibers plant in Chesterfield County. The Chesterfield plant has been operated by 950 salaried and administrative employees. - Associated Press
\ Sara Lee chooses new president
Sara Lee Corp., Chicago-based parent of knitwear mills in Martinsville and a L'eggs distribution center in Salem, has named Cornelis Boonstra to succeed Paul Fulton as president and chief operating officer.
Boonstra, 55, is based in the Netherlands and manages two of the company's fast-growing business units, the Sara Lee coffee/grocery business and the household and personal-care unit. He will take over the posts July 1. Fulton, 58, announced a year ago that he planned to become dean of the Kenan-Flagler Business School at the University of North Carolina, Chapel Hill. - The New York Times
\ Goodyear to invest in Danville plant
DANVILLE - Goodyear Tire & Rubber Co. plans to pump $9.2 million into its Danville plant despite the tire maker's decision to curtail spending companywide.
Goodyear President Hoyt M. Wells said the multimillion-dollar investment will be used to upgrade and replace equipment over two years. More than $5 million will be spent this year, he said.
Goodyear's Danville plant, which opened in 1966, employs about 2,130 workers. - Associated Press