Aviation News, Boeing, Airbus

The Tenenbaum bid of 39.02 cents a pound was well above the runner-up bid of 34.18 cents a pound submitted by Wabash Alloys, a Wabash, Ind., division of Connell Ltd., Partnership Wabash lowered its bid from the 35.1 cents a pound it had paid for fourth-quarter “hockey pucks,” the industry name for the briquetted borings.

Tenenbaum, which lost the material last time around to Wabash, apparently wanted to make sure it got it for early 1999. Tenenbaum operates Arkansas Aluminum Alloys, a secondary smelter in Hot Springs, Ark.

There were four other bidders vying for the first-quarter pucks, but a couple of the bids seemed halfhearted at just more than 27 cents a pound.

Tenenbaum also was aggressive in bidding successfully for 1.4 million pounds of mixed aluminum solids. Its tender offer of 40 68 cents a pound was the highest in a field of seven, the others ranging from 3826 cents to 29 cents a pound When Tenenbaum won the fourth-quarter solids, its bid was 37.31 cents a pound (AMM, Sept. 24).

Yaffe Iron & Metal Co Inc., Muskogee, Okla, was awarded three lots of aluminum scrap for the coming quarter. The largest was 250,000 pounds of contaminated solids, for which Yaffe offered 29 68 cents a pound, significantly above the 21 29-cent-a-pound bid by Aaron Ferer & Sons Co , Omaha, Neb.

Titanium scrap values headed south in the new Boeing awards Some 350,000 pounds of mixed titanium uncrushed borings attracted a high bid of just 13 61 cents a pound vs 21,123 cents a pound three months earlier.

SEATTLE–(BUSINESS WIRE)–April 29, 2001

Members of SPEEA, the union representing engineers, technical workers and other professionals at Boeing will be on hand at the Company’s annual shareholders meeting Monday to encourage attendees to demand Corporate leaders live up to their talk about forming a partnership with employees.

More than 100 members of the Society of Professional Engineering Employees in Aerospace (SPEEA) IFPTE Local 2001, AFL-CIO, will take the day off to perform informational picketing outside the Westin Hotel before the meeting. Representatives from the union will also address directors during the meeting.

Picketing is scheduled to start at about 9 a.m.

” Boeing Corporate leaders continue to talk about forming a partnership with their employees but at the same time they attack employees with aggressive anti-union campaigns and limiting incentive programs to non-union members,” said Charles Bofferding, executive director of SPEEA.

The union lifted a contract offer from the bargaining table on Friday for 4,200 workers in Wichita, Kansas. During negotiations Boeing refused to allow union represented employees to participate in the Company’s much talked-about Employee Incentive Plan (EIP). The plan is designed to encourage worker performance by awarding extra days of pay to workers based on corporate performance. The Company even refused to consider a proposal to form a joint committee to “investigate the possibility” of an EIP for Wichita employees.

“The Company has shown the EIP is an anti-union campaign,” said Bofferding. “What the Company fails to understand is when they attack the union, they are attacking their own people. The union is the employees of Boeing.”

SPEEA waged the largest white-collar strike against a U.S. corporation in history in 2000. More than 19,000 workers, including more than 5,000 non-union members, walked off the job for 40-days. The strike sent the price of Boeing stock plummeting while union membership soared. The year also saw Boeing scramble to fill technical jobs as more than 2,000 engineers left the Company.

” Boeing’s top people continue their campaign of bullying employees,” Bofferding said. ” Boeing today is not treating people with respect. Their employee-relations practices failed long ago. The insistence on these failed programs hurts the business of building and selling airplanes. No one is more concerned about The Boeing Company than the people who work there.”

The Boeing Company (NYSE: BA), an aircraft manufacturer, has said that a USD5m grant to Chicago’s Millennium Park project will create the ” Boeing Galleries”, two new outdoor exhibition spaces that will open this summer.

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