Home About Laser Critic Search Page Disclaimer FPC What's New

Up
Issue 7
Monopoly
Inadequate
Violations2
Violations3
Osha violations
Other News

other news at tyco

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."

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.

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

 

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.

Back Home Up