1.
Boeing delivers C-17 to RAF
ADELAIDE, Australia, May 22 (UPI) -- Nearly 700 workers at Mitsubishi Motors Australia's engine plant in Adelaide were told this week the factory would be closed.
But, Mitsubishi Motors Australia Chief Executive Tom Phillips and South Australian Premier Mike Rann greeted the announcement with relief after fearing a second factory with 2,700 workers would also be closed, the Australian reported Saturday.
Phillips, who flew to Tokyo earlier this week with South Australian officials in a last-ditch attempt to keep both factories open, said the closure of the second factory at Tonsley Park in Adelaide had been considered.
"They were then looking at what they needed to do to give them their best return. I can't tell you how close it was, but I can probably guarantee that it was certainly considered."
Rann said he feared both factories were doomed.
"Certainly, three weeks ago, just before Anzac Day, I feared the worst," he said.
|
|
|
|
|
|
| Additional Business News Stories | |
MOSCOW, May 22 (UPI) --
Ukrainian Energy Minister Yuri Boiko arrived in the Russian capital to meet with the chief executive of Gazprom, the Russian energy company said.
|
WASHINGTON, May 22 (UPI) --
A U.S. Senate committee report has revived controversy over alleged counterfeit Chinese electronic components entering U.S.-made defense equipment and weapons.
|
Like housing markets overall, the market for luxury homes is growing tighter as the spring buying progresses. Though still a buyer's market, the ILHM Luxury Housing Report for last week shows a pattern of rising prices and fewer days on market since...
|
What if Europe turned out to be the new Japan?
|
| Stories | Photos | People | Comments |
View Caption
