Can Kvaerner re-launch U.S. shipbuilding?

Article Abstract:

Kvaerner's construction of a new shipyard in Philadelphia, PA, which is also the first US shipyard built since World War II, is expected to revitalize the country's commercial shipbuilding industry. The project involves $430 million worth of federal, state and local incentives and will create at least 1,000 new jobs. However, controversy also surrounds the project. The American Shipbuilding Assn, for instance, claims that the federal subsidies given to Kvaerner will damage the domestic shipbuilding firms. The company's deals with foreign suppliers have also drawn criticism.

Ship Building and Repairing, Shipbuilding & Repair, Shipbuilding industry, Kvaerner ASA

---

Northern Telecom's John Roth: flipping the infobahn switch

Article Abstract:

Northern Telecom Exec. VP John Roth claims the company is planning to play a key role in global development through the information highway. Roth, who joined the company in 1969 as a design engineer and is also the president of Nortel North America, says the company has learned its lesson from the $884-million loss which it suffered in 1993. Northern Telecom's new goal is focused on a long-term future in the telecommunications industry by investing heavily on wireless and broadband networks.

Telecommunications, Telephone Communication, Officials and employees, Telecommunications services industry, Telecommunications industry, Northern Telecom Ltd., Roth, John

---

How Hungary competes to win

Article Abstract:

Hungarian minister of Economy and Transport, Janos Koka, discusses on factors responsible for foreign investment in the nation, the incentives and strategies framed for the foreign investors, factors that have attracted U.S. companies, etc.

Hungary, International politics, Economic aspects, Interview, Cabinet officers, Cabinet officials, Foreign policy, Koka, Janos

Similar abstracts:

• Abstracts: Oklahoma refuels for the 21st century. North Carolina builds on the basics
• Abstracts: Race against time. Online dating agency seeks to make the perfect match. A cast of thousands
• Abstracts: Waiting for the tram. Mapping the future. Internet stars go on co-location
• Abstracts: Big brother knows best. Strength in the right mix. Geared up for a change?
• Abstracts: Ready to roll. Overcoming problems on the drawing board

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.