![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
RECESSION * USA - Tire makers feeling it
Washington,DC,USA -Land Line Magazine -December 2, 2008: -- The people who make the tires for new trucks are feeling the effects of the recession... The Rubber Manufacturers Association reports it expects to see a 16 percent drop this year in shipments of new tires to truck manufacturers... That’s nearly 4 million fewer tires than were sold to truck makers in 2007...
* Pilgrim’s Pride files for bankruptcy
Pittsburg,TX,USA -Land Line Magazine -2 Dec 2008: -- A mega chicken-processing company that many truckers haul for filed for Chapter 11 bankruptcy protection on Monday, Dec. 1... Pilgrim’s Pride, which is headquartered in Pittsburg, TX, asked the court to approve a $450 million financing agreement. The company officials say they could continue normal operations if the agreement is approved... Pilgrim’s Pride is the biggest chicken-processing company in the U.S. and employs about 48,000 people, according to media reports...
Labels: recession
posted by Unknown @ 7:27 PM
0 Comments:
Post a Comment
<< Home