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Auto workers voting on Chrysler pact

| Saturday, Oct. 20, 2007

United Auto Workers officials pressed for ratification of a tentative contract with Chrysler LLC as local union members continued to vote on the agreement Friday. Meanwhile, low-level talks were proceeding at Ford Motor Co., the last of the three automakers in this year's contract talks. At least five UAW locals representing more than 8,500 hourly workers in Michigan, Ohio, Missouri and Delaware were holding ratification votes yesterday. Results weren't expected until late yesterday or today. A majority of Chrysler's 45,000 UAW members must ratify the tentative agreement before it can take effect.


Jobs total rises

Pennsylvania's residential employment in September increased by 63,000 people to 6,041,000, while the state's unemployment rose by 4,000 to 288,000, the state Department of Labor and Industry reported Friday. The state's seasonally adjusted jobless rate remained at 4.5 percent in September for the second consecutive month. The state's seasonally-adjusted total nonfarm jobs count rose by 3,300 jobs to 5,805,900, a new record.


Calgon unit moving

Calgon Carbon Corp. plans to move its ultraviolet light technologies division early next year from Neville Island to a 40,000-square-foot structure at the McClaren Woods Business Park in Findlay. Calgon will be the park's third tenant; others are Lewis-Goetz and Co. and Cameron International Corp., in separate buildings. A fourth building with 60,000 square feet could be completed by late spring or early summer The Elmhurst Group, the park's developer, is negotiating with several local firms to occupy that space.


Toy sets recalled

Wal-Mart Stores Inc. is recalling toy animals made in China because of excessive lead levels discovered since it stepped up safety testing in August, the Bentonville, Ark.-based retailer said Friday. The nation's largest retailer and largest toy seller described the recalled items as sets of realistic-looking farm animals, jungle animals and dinosaurs. The toys are sold in loose sets in cellophane-type bags without a brand name. Wal-Mart said independent testing revealed excessive levels of lead in the material of which the toys are made.


Earnings

• Fifth Third Bancorp reported third quarter earnings on Friday of $376 million, virtually unchanged from $377 million in the same quarter a year ago. Earnings per share were 71 cents, compared with 68 cents in the same period in 2006. Cincinnati-based Fifth Third operates 18 affiliates with 1,171 full-service banks and other facilities in Ohio, Pennsylvania and eight other states.

• Parkvale Financial Corp. of Monroeville, parent firm of Parkvale Bank, said Friday its net income for the quarter ended Sept. 30 rose 7.1 percent to $3.6 million, or 65 cents a share, compared to $3.5 million, or 61 cents, for the same period last year. Net interest income increasd $318,000, the bank said. This was offset by increases in the provision for loan losses of $499,000.


Other business news

• CNS Inc. of Moon has filed a federal lawsuit in Wilmington, Del., against ASO LLC of Sarasota, Fla., claiming it infringed on a patent for Breathe Right nasal strips used to fight snoring. CNS, a unit of GlaxoSmithKline Plc, wants the court to bar ASO from selling its competing Clear Passage nasal strips in the United States and to award damages.

• The American Institute of Architects on Sunday will present a national Design for Aging Award to Presbyterian SeniorCare in recognition of the organization's Woodside Place community in Oakmont. Woodside Place is an assisted living facility that serves people with Alzheimer's and related dementias.

• Allegheny Energy Inc. was rated by large commercial and industrial customers as the top electric utility in the Northeast for the third consecutive year, a survey found. TQS Research of Atlanta's survey of 60 large utilities said 79 percent of the Greensburg-based company's customers this year were very satisfied, up from 70 percent one year ago.

• Universal Stainless & Alloy Products Inc. of Collier said Friday that Dennis M. Oates has filled the independent board seat left vacant by the retirement of George Keane in May. Oates, 55, has extensive steel industry experience, and most recently was senior vice president of the specialty alloys operations of Carpenter Technology of Wyomissing.

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