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other
news at tyco |
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Tyco Joins Coalition
to Cut School Funding in New Hampshire |
| Top Tyco executives have banded together with
other corporate interests in New Hampshire to defeat a state tax plan that
would have fully funded schools. According to published accounts quoting
New Hampshire Governor Jeanne Shaleen, Tyco threatened to close its
corporate headquarters if New Hampshire passed her solution to the school
funding crisis. Tyco’s chief financial officer Mark Swartz could have
paid for the state schools’ entire shortfall by selling only one-half of
his personal stock holdings in Tyco. According to the Concord Monitor,
Swartz and others "apparently don’t want to spare their loose
change. Instead they are using their resources to beat back an income
tax." State Senator Katie Wheeler said, "It’s scary that
selfish people with selfish motives and a lot of money can change public
policy. They’re speaking only of their own self interest. Somehow we’ve
got to start speaking as a community." |
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Layoffs at Tyco
Another sister company of Grinnell’s Tyco Electronics
announced the closure of its manufacturing plant and the layoff of 270
workers. AMP, a TYCO subsidiary, announced it would lay off a total of
8,500 workers in the United States. |
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Source
notes |
| Documentation of Articles
Grinnell Fire / Statesboro Fire Department :
report dated 10-18-00, alarm 980490
Tyco Monopolies: February 21, 2000 article in the Portsmouth, New
Hampshire Herald
Tyco Accounting: 12/10/99 Associated Press – SEC Looks into Tyco
Accounting
Tyco/New Hampshire Taxes: 3/1/99 - 3/14/99 in the Concord Monitor
– "Economic Cost of Shaheen’s
Funding Plan Difficult to Assess", "Committee’s Ads Called
Scare Tactics" by Tim McLaughlin
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OSHA Records
Colorado: Inspection
#301303293, #302075296
New York: Inspection #114089022
Indiana: Inspection #123992273, #125394817,#114972458
Ohio: Inspection #018048727
Oregon: Inspection #124782350
Chicago: Inspection #102535630
North Carolina: Inspection #125278077,#125258319, #302125802
Arkansas: Inspection #303100127, #302876677
Texas: Inspection #300261799, #109450213 |
349 OSHA
violations and fines exceeding $273,600 in only 10 years time! See
OSHA Fines on Page 6. |
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