Reported by Star-Bulletin staff & wire
Thursday, March 29, 2001
Reinhardt moves up at Maui Electric
Ed Reinhardt will succeed Bill Bonnet as president of Maui Electric Co., effective May 11. Reinhardt is now manager of energy delivery for Maui Electric. He has been with the company for 14 years.Bonnet will return to Maui Electric's parent company, Hawaiian Electric Co. Inc., where he will become vice president of government and community affairs. Bonnet will replace Ed Hirata, who will retire in early May.
Gannett purchases small local publications
The owner of Honolulu Advertiser, Gannett Pacific Corp., has jumped into the community newspaper and trade publishing business with the purchase of PMP Co. Ltd. in Wahiawa.Free community newspapers Ka Nupepa, Leeward Current and West Oahu Current are published by PMP. The three have a reported average monthly combined circulation of 100,000.
PMP also produces industry publications including Parade of Homes Magazine and directories of Hawaii Architects and Building Industry Association members. The company was purchased for an undisclosed price from Peggi Murchison, who established PMP with her late husband, John, in 1978.
Delta Air pilots reject arbitration
ATLANTA >> Moving a step closer to a possible strike, pilots at Delta Air Lines today rejected binding arbitration of their contract negotiations with the nation's third-largest carrier. The move begins a 30-day "cooling-off" period, after which the pilots could strike. However, President Bush has indicated he will move to block labor disruptions at airlines this year with presidential emergency boards.The pilots' decision, which was expected, came at the start of a two-day meeting in Atlanta of the Delta branch of the Air Line Pilots Association.
Delta and its 9,800 pilots have been negotiating a new contract for nearly 19 months, but remain divided on larger issues such as compensation, retirement benefits and a dual-wage system at Delta Express, the airline's Florida-based low-cost unit.
Delphi Automotive to cut 11,500 jobs
DETROIT >> Delphi Automotive Systems Corp., the world's largest auto parts supplier, said today it will cut 11,500 jobs under a massive restructuring plan prompted by a soft U.S. auto market that will leave its first-quarter earnings short of Wall Street forecasts.While jettisoning 5 percent of its global work force, Delphi said it plans to sell, close or consolidate nine plants and cut staffing at more than 40 other sites.