Word: earning
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Dates: during 1970-1979
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...months after the new employee-owned company, Republic Hose Manufacturing Corp., took over the one-story plant, productivity is up 40%, and the rate of rejected products has dropped from 8% to 1%. The firm, which today employs 130, estimates that for its first complete fiscal year it will earn a pretax profit of up to $600,000 on revenues of $7 million; that is less than the approximately $12 million in revenues of Aeroquip's final year but at least double the new owners' initial projections...
...moderate wage demands and become more productive. The domestic industry still leads its major foreign competitors in productivity. In fact, it is doing considerably better than European rivals, who also suffer from aged plants and surging costs. But the Japanese are rapidly gaining in the productivity race. They earn less but produce almost as much steel per worker as their American competitors. Over the past decade, productivity growth in the domestic industry has declined from 3% a year to 2%, while wages and benefits have risen from $5.38 to $16.53 for hourly workers, making the 455,000 U.S.W. members among...
Almost every able-bodied grappler got his licks in Saturday as the Crimson matmen manhandled visiting squads from Wesleyan and Bridgewater State, 30-12 and 46-2, respectively, to earn their second and third wins of the young season...
...with Mark Cooley and Jim Phills crushing the competition at 190-lbs. and heavyweight once again. Cooley slapped Yates Exeley with a cross-face cradle to earn his second win of the year. The Cardinals' Steve Yermish underestimated Phills, who managed to slip out of several headlocks and toss Yermish all over the mat in winning decisively...
...Gerstenblatts entered the cookie business in 1973 when they moved to California in search of more interesting jobs. Trained as a social worker and possessed of a degree it took him ten years to earn, Sid resembles everybody's Jewish grandfather, with his shock of white hair, and grey eyes framed by sensible glasses, except for the "groovyisms" of this year and last with which he sprinkles his speech. He designed a non-profit dental program in Vermont and health center in Rhode Island while his wife worked as a nurse and a consultant...