Effective March 1st of this year, CTNA
imposed a $3,000 cap on healthcare payments for retirees in North America, requiring retirees to pay as much as $12,000 a year to keep the health insurance that they had been promised in their retirement.
Rights to retirement benefits were created through collective bargaining between CTNA
and the Union that had represented the retirees while they were employed.
announced the shutdown of the Mayfield facility on August 2, Mayor Arthur Burns and Graves County Judge Executive Tony Smith sent letters of concern to the Environmental and Public Protection Cabinet about the landfill located on the facility grounds.
Through prior remediation procedures, CTNA
agreed to comply with EPA clean-up standards to ensure that the Graves County ground water supply remains safe for use.
Continental's all-new HDL2 DL (Heavy Drive Long-Haul Deep Lug) meets today's long-haul truck driver's needs for maximum removal mileage, while offering attractive wear characteristics, said Clif Armstrong, director of marketing for CTNA
- The Americas.
If USW Local 890L ratifies the contract on Saturday, July 29, and CTNA
obtains shareholder consent by July 31, Titan and CTNA
will tentatively close the transaction on Monday, July 31, 2006.
held a special ceremony attended by community leaders, customers and employees.
Without them, the company claimed, CTNA
would be forced to cease production in September 2006.
An expanded sales force in its commercial division, increased by 50 percent this year, will deliver expanded customer service, said Shaun Uys, director of replacement sales for CTNA
Hoover said CTNA
is incapable of devising business and marketing strategies to help them compete in the United States.
Saturday, April 29 WHERE: Continental Tire Company 1900 Continental Boulevard Charlotte 28273 WHY: CTNA
is threatening to cease tire production in Charlotte unless the workers there accept cuts totaling $32 million annually.
The asset purchase is subject to the approval of the Board of Directors of Titan and CTNA
's shareholders and government regulations.