Word: libbey
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...people that the Libbey-Owens-Ford Co. employs to make glass in Toledo, only 200 are members of the "minority" group that makes up more than half the city's population. Just like their fellow workers, they want overtime pay and a crack at the tough jobs that lead to advancement. But because they are women, a state law bars them from working more than nine hours a day or six days a week and from regularly lifting more than 25 lbs. The women also charge that company policy makes them the last hired and first fired. Taking their...
...Conciliation. The Libbey-Owens-Ford case was started by Mrs. Nancy Raitz, 35, a former $2.50-an-hour assembler. Last year she and 32 other female employees complained to the EEOC. The company argued that it was merely obeying the state law. When the commission's conciliation attempts failed, it recommended that the Justice Department bring a full-scale court test...
...report, had record sales of $1.7 billion (up 33% over last year's first quarter) and record earnings of $69.3 million (up a whopping 280%). A few auto suppliers also had good quarterly earnings, including B. F. Goodrich with a record 16.7% climb, Uniroyal up 26.3% and glassmaker Libbey-Owens-Ford, which had a hefty 48% increase...
Pilkington's original float process-developed by Chief Researcher Alastair Pilkington, Sir Harry's cousin-was so successful that glass companies in eleven nations rushed to obtain licenses for it, including the Soviet Union and such U.S. glassmakers as Libbey-Owens-Ford, Pittsburgh Plate Glass and the Ford Motor Co. Eventually, Pilkington expects to earn about $240 million annually from the float process in license fees, royalties and exports: the new tint process will add another $24 million a year to that. Meanwhile controlling 85% of British glassmaking and exporting its own products to 100 nations around...
...Made His Pile." The practice was halted only after Congress passed the 1934 Securities Exchange Act and F.D.R. named Joseph P. Kennedy to head the new Securities and Exchange Commission. Ironically, Kennedy the year before had made $60,800 on Libbey-Owens-Ford Glass Co., one of the last pools. "The President has great confidence in him," noted Harold Ickes' diary. "He has made his pile and knows all the tricks of the trade...