DOWN to Bombardier Transportation’s 100-employee cut. The company faces another paring of jobs if it loses its bid for a contract to provide a transportation system for Washington Dulles International Airport.
UP to FedEx Ground’s earnings performance that drives overall profitability for parent FedEx Corp.
DOWN to the delay of the grand opening of the David L. Lawrence Convention Center. The AFL-CIO won’t miss its annual convention there in May, but a funding shortfall means a wait for some of the gingerbread at the new center.
UP to the new testing center to be located at Kennametal Inc. in Unity Township. The federally funded facility will test and develop manufacturing processes for weapon systems.
DOWN to Alcoa Inc.’s plan to slash 8,000 jobs. The good news is that the move should have little impact locally.
UP to LogicLibrary’s contract with Charles Schwab & Co. to provide information technology software.
DOWN to a guilty plea by Timothy Werth, Adelphia Communication’s former director of accounting, to fraud charges. There seems no end to the woes for the scandal-ridden cable giant.
UP to Del Monte Corp.’s search for office space, a move that appears to demonstrate the San Francisco-based company’s commitment to the region. The food products giant is looking for at least 200,000 square feet to house its local work force.
UP to U.S. Steel’s pending acquisition of National Steel, a move that could make the company more competitive on a global scale. The downside, though, is potential layoffs and cuts in compensation for employees at both companies.
DOWN to the collapse of the sale of Rosebud and Metropol in the Strip District. The keystones of the Strip’s entertainment section could well take others down with them if new owners aren’t identified.
UP to Filmet’s plans for a new 65,000-square-foot headquarters in West Deer.
UP to the expansion of the alliance between US Airways and United Airlines to sell seats on each other’s flights.
