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Equipment fails during U.S. Steel blast furnace rebuild

September 12, 2005

United States Steel Corp. reported today that on Saturday, Sept. 10, an incident occurred that may delay the completion of the construction of the No. 14 blast furnace at Gary Works. Multiwheel...

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Whirlpool to aid Katrina victims

September 9, 2005

Whirlpool Corp. today announced that it is donating up to $1 million in cash, products, and services to Hurricane Katrina relief efforts. Products to be donated include refrigerators, clothes washers,...

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Ford announces executive appointments

September 8, 2005

Ford Motor Co. Chairman and CEO Bill Ford has announced a series of executive appointments. The appointments, approved Sept. 7 by the Board of Directors, are effective Oct. 1 unless otherwise...

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Steelworkers contribute to Katrina relief

September 7, 2005

The United Steelworkers (USW) has made an initial contribution of $100,000 for relief to the Hurricane Katrina victims.Thousands of Steelworker members live and work in the Gulf area most affected by...

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Ford Motor Co. relief donations top $4 million

September 7, 2005

The Ford Motor Co. today announced that a campaign by its employees and dealers to help the relief efforts in the areas affected by Hurricane Katrina has resulted in vehicle donations, money, and...

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American Axle & Manufacturing appoints executives

September 1, 2005

American Axle & Manufacturing, Inc. (AAM), today announced the following executive appointments effective October 1, 2005:Yogendra N. (Yogen) Rahangdale has been named president and chief operating...

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Toyota companies pledge $5 million to Hurricane Katrina relief

September 1, 2005

Toyota companies today announced a $5,000,000 contribution directed to disaster relief for victims of Hurricane Katrina.$2 million of the $3 million directed to the American Red Cross was pledged by...

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GM, GM Foundation, GMAC to help Katrina victims

August 31, 2005

General Motors has announced that the GM Foundation and GMAC will make a combined immediate cash donation of $400,000 to the American Red Cross Hurricane 2005 Relief Fund in support of relief work in...

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U.S. Steel's Granite City Works earns Ford's Q1 certification

August 30, 2005

United States Steel Corp.'s Granite City Works has earned Ford Motor Co.'s Bulk Materials Q1 quality certification. To achieve certification, Granite City Works had to demonstrate excellence in four...

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AK Steel announces PH steel price increase

August 30, 2005

AK Steel today announced that it is increasing base prices of its precipitation hardening (PH) stainless steel products by approximately 10 percent, effective with shipments on and after September 19,...

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New unemployment benefit claims drop

August 25, 2005

In the week ending Aug. 20, the advance figure for seasonally adjusted initial claims for unemployment benefits was 315,000, a decrease of 4,000 from the previous week's revised figure of 319,000. The...

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DaimlerChrysler, GM sign hybrid-vehicle pact

August 25, 2005

Reuters has reported that DaimlerChrysler AG and General Motors Corp. have finalized a deal to co-develop new hybrid vehicle technology. According to a GM spokesperson, the "binding and definitive...

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Durable goods orders down sharply in July

August 24, 2005

New orders for manufactured durable goods in July decreased $10.6 billion or 4.9 percent to $204.7 billion, the U.S. Census Bureau announced today. This followed a 1.9 percent June increase. The...

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Mass layoffs up in July

August 23, 2005

In July 2005, employers took 1,249 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S....

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Whirlpool, Maytag sign merger agreement

August 22, 2005

Whirlpool Corp. and Maytag Corp. today signed a definitive merger agreement in which Whirlpool will acquire all outstanding shares of Maytag in a cash and stock merger valued at $21 per share. One...

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