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Hummer slowdown
0 Comments | Oakland Tribune, Aug 25, 2004
General Motors Corp. has told AM General to slow production of the H2 Hummer. AM General spokesman Lee Woodward said Tuesday that the company, which makes the vehicle for GM, plans to end its second shift on Oct. 25, moving those workers to the first shift and to a neighboring plant that builds military Humvees. He would not give the exact number of employees affected, but said no layoffs were expected. GM spokesman Pete Ternes said the cutbacks were not related to recent increases in gasoline prices. He said GM was simply trying to match production with sales.
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Ask Jeeves, based in Emeryville, has launched a test version of Ask.jp -- a Japanese language search engine. Toy company LEGO Systems Inc. announced that it will open new LEGO retail stores at the Hillsdale Mall in San Mateo, the Stoneridge Mall in Pleasanton, and the Valley Fair Mall in Santa Clara. The exact opening of the stores was not announced. Accu-Logistics is expanding into a 21,300-square-foot warehouse in San Leandro, leasing the space from Lowenberg Corp. Greig Lagomarsino of Colliers International handled the deal. Kawan and Hang Yin Cheung bought a 15,360-square- foot warehouse in Union City for approximately $1.5 million. Alpine Awards, which sold the property to Kawan and Hang Yin Cheung, will continue to occupy half of the space. Mervyn's is offering a new celebrity-inspired line of costume jewelry called DiamondStar. A group of private equity firms recently agreed to buy the Hayward- based department store chain from Target Corp. Hayward-based eSignal, a division of Interactive Data Corp. that delivers stock market news online, now delivers worldwide market quotes, charts, news and world indices via Blackberry wireless handheld devices. Barbedwire Technologies, which provides security solutions for small to medium enterprise networks, is moving from Tracy to Fremont, quadrupling the size of its physical plant and adding room for its expanding sales team. Valassis Communications, a producer of advertising inserts and promotional products, has signed Fremont- based Everdream Corp. to provide asset management, software distribution and other services. Fremont's Ikanos Communications said Millinet, a major broadband equipment supplier based in South Korea, is using Ikanos chipsets in its latest high- speed product line.
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