Word: lower-cost
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Cheaper foreign steel keeps the price of Detroit's cars more competitive with those from Japan, so Detroit's autoworkers have reason to approve Reagan's decision. Major steel users who are big exporters, Caterpillar Tractor of Peoria, Ill., for one, are also in favor of lower-cost steel. It allows them to make products for sale abroad at more competitive prices...
...recession phenomenon. Says Johnston: "In my judgment, you've got to have the link between the consumer and an identifiable brand name. I predict that the success of generics will be short-lived." Liggett officials, on the other hand, believe that smokers will stick with their new, lower-cost smokes in better times. Says Dey: "There is still brand loyalty, but price has become a factor...
...fight back, the company has introduced a new lower-cost model called the Rudolph Wurlitzer. The piano, which has a less intricate and expensive mechanism than the traditional Wurlitzer, retails for below $2,000, in contrast to $3,960 for the company's standard models. In June, the company contracted with a Korean piano manufacturer, Young Chang, to design and build grand pianos, which are now for sale in the U.S. under the Wurlitzer label. One bright spot is the company's European division, which primarily markets coin-operated jukeboxes and vending machines. Revenues have climbed from...
...disobedient. The most obvious is to withhold federal contracts from companies that violate the standards. Some other ideas: lean on the Interstate Commerce Commission to reject any rate increases that truck lines might seek in order to pay for a high settlement with the Teamsters; let in more lower-cost imported steel if American mills raise prices too much. Government officials are talking about administering the 1931 Davis-Bacon Act in a way that would hold construction wages down rather than pushing them up. The act commands that contractors pay the "prevailing" area wage on federally aided construction jobs...
...Marine Engineers Beneficial Association and the Seafarers International Union, both of which are among the highest political spenders in U.S. labor. They are anxious to win political support in order to gain special subsidies and other protection for American vessels that otherwise would be competed off the seas by lower-cost foreign shipping. Maritime unions contributed to Ford's congressional campaigns, but they turned against him after 1974 when he vetoed a potentially inflationary bill that would have required 20% of all imported oil to be carried in U.S. ships. This year the maritime unions gave their support to Carter...