IN BRIEF
Marmon/Keystone service center workers with the United Steelworkers Local 8042-01 have ratified a 5-year contract.
According to a company news release, the new contract includes a wage and benefit package for the 18 warehouse workers employed at the Butler location.
District Manager Lou Grenci stated, “We are pleased that we have been able to reach a 5-year agreement. This commitment between Marmon/Keystone and the union will keep us competitive in the marketplace and focused on customer service.”
CRANBERRY TWP — The Westinghouse Electric Co. has announced that the Toshiba Corp., Westinghouse's owner, has bought 20 percent of the ownership stake held by the Shaw Group.This buy by Toshiba increases its ownership to 87 percent of Westinghouse.Shaw's decision to exercise its option to sell its stake in Westinghouse to Toshiba is based on the contractual terms between Shaw and Toshiba.Kazatomprom and IHI hold 10 percent and 3 percent stakes in Westinghouse, respectively.
BUTLER TWP — Pennsylvania CareerLink and the Butler County Chamber of Commerce are hosting a job and career fair from 9:30 a.m. to 1 p.m. Oct. 5 at the Butler Days Inn on Route 8.Those looking for employment will have the opportunity to talk with representatives from colleges, universities and training centers, as well as companies looking for skilled, clerical and professional workers.Business representatives who would like to attend the job fair can do so by calling CareerLink in Butler at 724-431-4000.
CRANBERRY TWP — The Pittsburgh Human Resources Association is holding its 64th Conference and Exposition Oct. 4 and 5 at the Regional Learning Alliance in Cranberry Woods Business Park.Members of the Butler Human Resources Association are invited to attend the conference.For information, go to www.pittsburghhra.org.
CENTER TWP — The Butler County Chamber of Commerce and Newhaven Court at Clearview are hosting a meet-n-move networking lunch at 11:30 a.m. Oct. 13 at 100 Newhaven Lane.Cost is $20. To register, call the chamber at 724-283-2222.
PARKER — Central Electric Cooperative held its 74th annual meeting Aug. 27 at the Whitehall Campgrounds near Emlenton.Members re-elected Althea Smith of Venango County and Bette Walters of Forest County to the board of directors.More than 1,000 members and their families attended the meeting.
BUTLER TWP — NexTier Insurance Services has been named a best practices study group by the Independent Insurance Agents & Brokers of America.Agencies in the study groups are selected every three years through a nomination process and awarded a “Best Practices Agency” designation. The selected agencies retain their status during the three-year cycle by submitting extensive financial and operational data for review each year.
WASHINGTON — Americans borrowed more money in July than any other month in more than three years. But they cut back on using their credit cards.Consumer borrowing rose nearly $12 billion in July, the Federal Reserve said Thursday. Greater demand for school and auto loans fueled the increase. A category that measures credit card use fell in July after large increases in May and June.Total consumer borrowing increased to a seasonally adjusted annual level of $2.45 trillion. That’s barely 2 percent above the four-year low reached in September.The increase in loans was largely because of a pickup in auto sales, said Troy Davig, senior U.S. economist at Barclays Capital. The March 11 earthquake in Japan caused a global parts shortage that left many auto dealers without popular models this spring.The supply chain disruptions have eased in recent months.
