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steel production.Bethlehem said in October that it would sell or shut down the three units, which generate less than 10 percent of its $4.68 billion annual revenue, to concentrate on steel production. Terms of the sale to Cleveland based Park weren disclosed.The steelmaker decided to close its BethShip Inc. ship repair yard in Sparrows Point, Maryland, after failing to reach an agreement with an investor group led by Baltimore Orioles baseball team owner Peter Angelos.good to get the uncertainty out of the way, said Charles Bradford, an analyst at Smith Barney Inc. aren a lot of buyers out there for these things. Bethlehem shares closed unchanged at $11.25. In January, Bethlehem reported a fourth quarter charge of $370 million related to the restructuring. The company doesn expect to record additional charges related to the sale or closing of the units, spokesman Jon Little said.In its second quarter earnings report this week, the company said second quarter profit from operations rose 77 percent to $47 million, or 32 cents a share, from the year earlier period. The three units posted an operating loss of $10.1 million. BethForge, a 450 employee maker of forged products for the metalworking, electrical power and nuclear industries, will merge with Park Lehigh Forge Corp. That unit operates several factories that supplies metal parts to the automotive, steel, petrochemical and other heavy industries. Centec Roll, a 125 employee maker of cast iron rolls for the metalworking industry, will become part of Park CR Acquisition business.The steelmaker said both Bethlehem,