GM and union agree on contractGeneral Motors Corp and the...

BUSINESS DIGEST

November 12, 1993

GM and union agree on contract

General Motors Corp and the International Union of Electronic Workers reached a tentative agreement last night on a contract to cover 23,000 workers in four states.

"We've reached a tentative agreement that contained no concessions." said Steve Hahn, a union spokesman. Mr. Hahn said he did not have additional details on the agreement.

Earlier, GM had announced a pay-and-benefits package for salaried employees intended to match hourly workers' compensation and benefits. The company said there would be an average salary increase of 5 percent for salaried workers and $1,600 lump-sum payments.

Martin expects no lull at plant

While its contract with Local 738 of the United Auto Workers expired at midnight last night, Martin Marietta Corp. said yesterday that it expected no interruption in production at its Middle River complex today. The union has advised its 400 members to report to work at their normal times.

New Mac will be two PCs in one

Apple Computer Inc. will reduce its isolation in the PC industry by introducing a Macintosh computer Monday that runs both Macintosh and IBM-compatible software, industry analysts said yesterday.

The new Mac would essentially be two computers in one.

The standard Mac microprocessor and operating system would handle Mac programs, while an Intel Corp. 486 microprocessor would allow users to run Microsoft Corp.'s IBM-compatible DOS and Windows software systems.

Adheron completes licensing pact

The Hanover-based Adheron Corp., said yesterday that its subsidiary, Marizyme Corp., has completed a technology licensing and research agreement worth $500,000. It is the largest technology transfer agreement for the University of Maryland, the company said.

Adheron was formed by University of Maryland researchers to develop adhesives from marine bacteria produced by oysters.

EPA rule costly, Westvaco says

Westvaco Corp. would have to spend $140 million at its Western Maryland mill during the next five years to comply with a federal proposal to further reduce dioxin and other toxic discharges from paper mills, a company spokesman said.

The Environmental Protection Agency wants to require about 350 U.S. paper mills, including the one in Luke, to install new equipment to reduce the amount of chlorine used to bleach paper white.

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