Articles tagged with: business
Is Mercury Marine manufacturing just the start?
From The Journal Record:
Although some observers hold doubts, Stillwater’s future job boost from a Mercury Marine union standoff could roll into a much bigger prize: the 1,000-employee corporate headquarters.
After several months of discussion, warnings and political posturing under a national recession that eliminated more than 50 percent of Mercury Marine sales, union workers at the company’s Fond du Lac, Wis., headquarters failed to meet the company’s Saturday deadline for adopting a new contract promising reduced operating expenses.
Mercury Marine says 2nd vote too late to save jobs
From The Milwaukee Journal Sentinel:
In the end, it came down to timing and a deadline.
And time was not on the side of the union of Mercury Marine Inc. after the company rejected the union’s attempt at a second vote on a proposed labor contract aimed at saving hundreds of jobs.
Mercury Marine employees petition for new vote
From The Milwaukee Journal Sentinel:
More than 200 union members at Mercury Marine Inc. have signed petitions calling for a second vote on a labor contract that was rejected Sunday by what union leaders said was a wide margin.
Unless the union members take a second vote and approve the proposed concessions, Mercury Marine says it will move up to 850 manufacturing jobs to its nonunion plant in Stillwater, Okla.
Union showdown in Wisconsin could impact Stillwater jobs
From The Milwaukee Journal-Sentinel:
The fate of hundreds of Mercury Marine Inc. manufacturing jobs will be decided in a union vote Sunday, and the outcome also may determine whether the 70-year-old company keeps its world headquarters in Fond du Lac.
Judge rules Chesapeake won’t have to open books
From The Associated Press:
An Oklahoma judge ruled Thursday that Chesapeake Energy Corp. won’t have to open its books to a shareholders’ group, a victory for the company in its defense of a $75 million bonus awarded to CEO Aubrey McClendon last December.
Chesapeake’s Aubrey McClendon aims to cement legacy with sprawling campus
From The Oklahoma Gazette:
There is no gate to chain at 6100 N. Western, but the townspeople are watching as an heir apparent to Kerr-McGee, Chesapeake Energy Corp., builds its Oklahoma City legacy and sprawls its way through boom and bust in this, one of the most tumultuous of its 20 years.
Failed Altus bank operating with new owner
From The Journal Record:
The transition of failed First State Bank of Altus to its new owner over the weekend was surprisingly smooth, said Campbell Burgess, chief executive of Herring Bank of Amarillo.
“This bank has really gone through the wringer the last several months,” said Burgess, who visited the southwestern Oklahoma town as it was placed into receivership of the Federal Deposit Insurance Corp.
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