The Virginian-Pilot
                            THE VIRGINIAN-PILOT  
              Copyright (c) 1996, Landmark Communications, Inc.

DATE: Friday, May 10, 1996                   TAG: 9605100629
SECTION: BUSINESS                 PAGE: D1   EDITION: FINAL 
TYPE: Business Briefs 
                                             LENGTH: Short :   33 lines

DAILY DIGEST

Arbitrators offer contract for largest rail union

An arbitration panel approved a collective bargaining agreement between the United Transportation Union and the major freight railroads, including Norfolk Southern Corp. The five-year agreement covers wages, health and welfare benefits, and work rules. The union represents 40,000 trainmen, conductors, engine service personnel and yardmasters, including 5,000 at Norfolk Southern. The union's members voted down an April agreement before its leadership agreed to binding arbitration. (Staff and wire report) Toyota selects W.Va. site for $400 million plant

Toyota announced Thursday that it has selected a 230-acre site in Putnam County, W.Va., for its new engine plant which has been named Toyota Motor Manufacturing, West Virginia Inc. Toyota will invest $400 million in the plant, which will house both machining and assembly shops and have an annual production capacity of 300,000 units, the company announced. It expects to bring 300 new jobs to West Virginia. The plant will be located near the town of Buffalo about 30 miles northwest of Charleston. Toyota plans to begin producing engines for use in the North American-made Corollas in late 1998. (Staff) by CNB