Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: THURSDAY, June 1, 1995 TAG: 9506010078
SECTION: BUSINESS PAGE: B-8 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Medium
WASHINGTON - Chrysler Corp. is recalling about 180,000 AMC Jeeps and Eagles that exceed the federal tailpipe standard for carbon monoxide, the Environmental Protection Agency said Wednesday.
The vehicles being recalled are the Jeep CJ-7, Wrangler, J10, Grand Wagoneer and AMC Eagle. All have 4.2 liter engines and were built from 1985 through 1990.
Owners are being notified of the recall by mail. The emissions work, which takes about an hour, will be free.
- Associated Press
Company praises Salem tire plant
Toyota Motor Manufacturing USA has cited Yokohama Tire Corp., which operates a plant in Salem, for delivery performance during 1994. It was the second year in a row Yokohama has been recognized with the award. Yokohama ships tires from its Salem plant to a Toyota distribution center in Columbus, Ohio.
Yokohama Tire is a subsidiary of Japan-based Yokohama Rubber Co. Ltd. Its only U.S. plant is in Salem.
- Staff report
Richmond eager to keep company
RICHMOND - RICHMOND - Mayor Leonidas B. Young said Wednesday that he favors ``a number of incentive possibilities'' to ensure that James River Corp. stays in Richmond.
Young called a news conference at City Hall to respond to a Richmond Times-Dispatch report that described James River's top-level study of a headquarters move to Connecticut and the possible closing of its riverfront headquarters in Richmond.
Young said he was assured Wednesday that the Fortune 500 company isn't leaving town.
Nonetheless, Young said he intends to meet with company officials ``to discuss what we as a city can do to assist James River with any future operation or administrative expansions and how we can ensure that those expansions take place in Richmond.''
Young said Robert C. Williams, chairman and chief executive officer of James River, ``was very supportive and has assured us that this is precisely what James River would be considering for the future.''
- Associated Press
Earnings
Fleetwood Enterprises Inc., Riverside, Calif., producer of recreational vehicles and manufactured housing with operations in Rocky Mount, reported net income of $84.6 million, or $1.82 per share, on revenues of $2.86 billion for its fiscal year ended April 30, compared with year-earlier $65.9 million, or $1.46 per share, on revenues of $2.37 billion. For its fourth quarter, net income was $15.9 million, or 34 cents per share, on revenues of $719.5 million, compared with year-earlier $23.1 million, or 50 cents per share, on revenues of $715.9 million.
WLR Foods Inc., Broadway poultry processor, said Wednesday its fourth-quarter earnings will be significantly less than last year's quarter and analysts' expectations.
``The poultry industry is currently dealing with abundant supplies of competing meats resulting in average quoted poultry prices significantly below last year's levels,'' said President and Chief Executive James L. Keeler. ``Our earnings were first impacted late last quarter but did not improve as expected in May and are now expected to be in the break-even range for the quarter.''
by CNB