Crown Cork cutting 1,150 jobs
Article Abstract:
Philadelphia, Penn.-based Crown Cork, which will report lower than estimated profits in 2000, has announced that it will terminate 1,150 employees and close three plants. Crown Cork, which is a can and bottle manufacturer, also is restructuring its European operations.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Crown Cork holds dividend
Article Abstract:
Philadelphia, Penn.-based Crown Cork and Seal Company Inc. has announced it will suspend quarterly dividend payments for its common stock. Crown Cork, which manufactures packaging products, will use the funds to pay off some of its debt.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Crown Cork raises reserve on asbestos claims
Article Abstract:
Crown Cork and Seal Company Inc. took a fourth-quarter charge to boost its reserves for claims of asbestos-related injuries, and last year's $166 million noncash, after-tax charge was the largest of the three.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: American Water Works taking steps to shed a colorless image. Australian affiliation aiding Pa. firm
- Abstracts: Clothing chain gets a lifeline. Clothing company expands online
- Abstracts: RCN says it cut costs and increased revenue. Wireless company expands its reach. RCN Corp.'s cable-TV bid faces a delay
- Abstracts: Pa. sues 13 drug firms on prices. Cephalon to acquire a Frence drug firm. Huge whistle-blower award resored in SmithKline case
- Abstracts: Political braches open in every county. Investment bank hired to study PGW. Tab for Stadiums: $1.2 Billion