CALIFORNIA | LOCAL
December 26, 1996
A team of federal and local elected officials sent off letters this week to about 300 foundry owners worldwide in an effort to find investors or a buyer for the idled Price Pfister foundry, where scores of workers have been laid off this year. The letter--which touts tax credits, financing assistance and other incentives of investing in the area--was signed by Sens. Dianne Feinstein and Barbara Boxer, Rep. Howard L.
October 1, 1996 |
In midafternoon as the shifts change at the Price Pfister factory here, the foot traffic is swift, and Richard Espinoza is part of the exit throng. Much of his family's life has been invested in this faucet factory. His father put in 42 years at Price Pfister before retiring. Espinoza has been on the job 18 years, his wife 10 years. They met here at the factory and the couple now has two children. When he hired on as a teenager, this was a "lifetime" job, Espinoza thought.