October 3, 1987 |
Troubled Kaiser Steel plans to study the possibility of turning its abandoned Eagle Mountain iron ore mine in Riverside County into a regional non-hazardous solid waste dump, The Times has learned. The Colorado Springs, Colo.-based company, which used to maintain its headquarters in Fontana, intends to formally announce Monday that it will undertake a feasibility study with another company, a Kaiser Steel spokeswoman confirmed Friday. She declined to name the other company involved.
March 3, 1987
Katherine P. Utgoff, executive director of the Pension Benefit Guaranty Corp., which ensures private pensions up to $1,857.95 a month, said the action at ailing Kaiser Steel Corp. would ensure payment of monthly benefits for 176 retirees. The government also is studying the economic health of three other Kaiser retirement plans. PBGC said it became trustee last week for the Kaiser Steel Retirement Plan, which covers 1,000 salaried workers.
October 23, 1997 |
Kaiser Ventures Inc. said its two largest shareholders--a pension fund for retired steel workers and the Pension Benefit Guaranty Corp.--are seeking a sale of part or all of the company. In a filing with the Securities and Exchange Commission, advisors for the two investors said they've agreed to share information and discuss various options to increase the value of their holdings, including selling their stock, assets or the entire company.
April 3, 1985
Faced with a union threat to shut down Los Angeles Harbor if a labor dispute was not resolved by Thursday, Kaiser International Corp. agreed to reinstate up to 75 fired dockworkers. The company and the International Longshoremen's and Warehousemen's Union issued a one-sentence statement saying that the dispute had been resolved by placing Kaiser's coal-unloading facility back under ILWU jurisdiction.
November 7, 1986
Financially troubled Kaiser Steel Corp. said Charles S. McNeil, vice chairman, assumed the additional posts of president and chief operating officer, effective Nov. 4. The two positions have been vacant since 1984. McNeil, 37, also continues as president of the Kaiser Coal Corp. subsidiary. Monty H. Rial, 44, remains as chairman and chief executive of Kaiser Steel. Additionally, Senior Vice President M. Edward Stewart, 43, was named chief financial officer, succeeding Arthur W.
January 5, 1985 |
Kaiser Steel Corp. said Friday that Perma Resources Corp., a Colorado Springs, Colo.-based coal-mining concern, will acquire the stake in Kaiser that it does not already own from an investor group led by J. A. Frates of Tulsa, Okla. Perma, which is led by Monty H. Rial, and the Frates group have jointly managed Kaiser Steel since they acquired the Fontana-based steelmaker last Feb. 29 in a transaction valued at $374 million.
May 7, 1994 |
John Sutro, a former president of the State Bar of California, civic leader and descendant of a pioneering California family, has died. He was 88. Sutro, who headed the State Bar from 1965 to 1966, died Monday at his home after a long illness. He was a partner in the San Francisco law firm bearing his family name, Pillsbury Madison & Sutro, from 1935 to 1971. He served as president of the San Francisco Bar Assn. and chairman of the Federal Judiciary Committee of the American Bar Assn.