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January 18, 1996 | Times Staff and Wire Reports
Maryland Company to Buy Garrett Aviation: UNC Inc., an aircraft-services concern, agreed to pay $150 million to acquire privately held Garrett Aviation Services, which overhauls and repairs airplanes, engines and other aircraft equipment. Phoenix-based Garrett also has plants in Los Angeles and Van Nuys. UNC, a publicly held company based in Annapolis, said Garrett would lift its annual revenue to nearly $1 billion and that it does not expect any job reductions to stem from the merger.
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BUSINESS
January 18, 1996 | Times Staff and Wire Reports
Maryland Company to Buy Garrett Aviation: UNC Inc., an aircraft-services concern, agreed to pay $150 million to acquire privately held Garrett Aviation Services, which overhauls and repairs airplanes, engines and other aircraft equipment. Phoenix-based Garrett also has plants in Los Angeles and Van Nuys. UNC, a publicly held company based in Annapolis, said Garrett would lift its annual revenue to nearly $1 billion and that it does not expect any job reductions to stem from the merger.
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BUSINESS
March 11, 1997 | Times Staff and Wire Reports
General Electric Co. agreed to buy Greenwich Air Services Inc. and UNC Inc. for $875 million in cash and stock, making it the leader in servicing corporate jet engines. Fairfield, Conn.-based GE will acquire Miami-based Greenwich Air, which services large commercial aircraft engines, for $530 million, or $31 a share, in cash and stock. Greenwich employs 3,000 workers. GE also got the rights to acquire Annapolis, Md.-based UNC for $345 million, or $15 a share, in cash.
NATIONAL
November 24, 2005 | From Associated Press
A federal jury on Wednesday rejected an Idaho woman's claim that Cold War emissions from the Hanford nuclear weapons complex caused her thyroid cancer. The case was one of the first to go to trial out of thousands of claims against contractors that operated Hanford, which produced plutonium for nuclear weapons, including the Manhattan Project that built the atomic bomb during World War II.
NEWS
March 12, 1989 | SONNI EFRON, Associated Press
Forget plastics. The glow is off computers. Hazardous waste disposal is the high-tech growth industry of the 1990s. So say some of the 500 environmental entrepreneurs, executives and consultants who attended a two-day conference on how to profit from America's toxic waste problem. "Two or three years ago if you'd said you're having a hazardous waste business conference, you'd get very few people showing up," said Stephen L.
BUSINESS
June 22, 1998 | JOHN NOLAN, ASSOCIATED PRESS
Chris Tyler, a magnet magnate, worries about getting stuck in a grounded jetliner because of the tight scheduling of his meetings on both sides of the Atlantic. "There's no room to spare for something to go wrong," said Tyler, who travels from Cincinnati to Europe, Tokyo and Taiwan as president and chief executive officer of Kane Magnetics International Inc., a producer of magnetic assemblies used in cars.
BUSINESS
August 16, 1989 | TED SHELSBY, The Baltimore Sun
There is little time to think. An enemy attack plane comes roaring across the horizon from behind a distant hill. A soldier in full combat gear raises a portable anti-aircraft missile launcher to his shoulder, picks up the attacking jet and fires off a Stinger missile. The action is fast--it all happens in a matter of seconds. The infrared-seeking missile locks on its target, and a hit is marked by an exploding ball of fire.
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