Canada's Inco shuts down nickel plant

Article Abstract:

Inco Ltd. was forced to close a large nickel production facility in Manitoba after the company failed to reach an agreement with workers for a new labor contract. Inco locked out up to 1,100 workers from the facility. The facility produces approximately 100 million pounds of nickel annually. This comes out to approximately 4.5% of the global nickel supply. The facility also constitutes around 25% of Inco's yearly production.

Comment:

Forced to close large nickel production facility in Manitoba

Plant shutdown, Primary Smelting and Refining of Nonferrous Metal (except Copper and Aluminum), Nickel, Manitoba, Abstract, Buildings and facilities, Inco Ltd., Nickel industry

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Novo Nordisk to add U.S. salespeople

Article Abstract:

Novo Nordisk A/S of Denmark is increasing its salesforce in the United States to 1,900 from 1,200 in 2007. The hiring is to promote the sale of insulin of which the pharmaceutical interest owns a 40 percent market share in the United States. Novo Nordisk A/S is developing a new diabetes treatment, Liraglutide, for release in 2009.

United States, Foreign operations, Pharmaceutical preparations, Denmark, Human resource management, Pharmaceutical industry, Company personnel management, Novo Nordisk A/S, Company overview, Financial report

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Goodyear union plans to terminate contract Thursday

Article Abstract:

United Steelworkers of America is planning to end its contract with Goodyear Tire and Rubber Co., increasing the likelihood of a strike. The union is opposing any further plant closures, while Goodyear is trying to return to profitability.

Tires and inner tubes, Labor relations, United Steelworkers of America, Tire industry, GT, Goodyear Tire & Rubber Co.

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