Louisiana Pacific fined $37 million
Article Abstract:
Louisiana-Pacific Corp. says it is changing its corporate culture and will pay $11.5 million in fines now, the remaining $25.5 million by 2002. The company pled guilty to 18 felony criminal charges in the biggest Clean Air Act fine ever. The company, based in Montrose, Colorado, makes a wood product for the housing and construction industry called waferboard. Not only did the "old" company defraud its customers by providing a product not up to code, but it falsified information it submitted to testers in addition to tampering with pollution-monitoring devises.
Comment:
Largest Clean Air Act fine ever is leveled against Colorado firm for 18 felonies, $37 million
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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For defense sales, war is potent ammo; combat records help missiles, jets fly off the shelf
Article Abstract:
The defense industry is incorporating images and news from the Kosovo-NATO conflict into its advertising. Equipment tested under wartime conditions has a marketing edge over newer, untried weaponry and surveillence technology, especially when selling to a foreign government, competing against local vendors.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
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Wood folks hope for 'Got Milk' success
Article Abstract:
The forest products industry is hopng for the same success as the milk industry's advertising campaign "Got Milk." Their new ad slogan is "Be Constructive." The new slogan is to be announced at the National Association of Home Builder's conference in Atlanta.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2001
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