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Martin Marietta

NEWS
November 13, 1990
Members of the United Autoworkers at Martin Marietta Corp., including 550 workers at the Middle River aerospace plant, have overwhelmingly approved a three-year contract that will raise wages 4 percent this year and an additional 3 percent next year.The contract, which also provides two lump-sum payments, creates at Middle River a two-tier wage scale that will pay lower rates for certain jobs on some contracts.The pact, covering 5,800 Martin Marietta employees in three states, was approved by almost 90 percent of those voting over the weekend, the union said.
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BUSINESS
By Leslie Cauley | October 29, 1990
In the mid-1970s, Jar-Mo Chen, then-head of physics at Martin Marietta Laboratories, invited the physics department of the University of Maryland Baltimore County to visit the lab to discuss ways the two neighbors might work together.It was a short conversation.Though one UMBC professor did wind up working part time at Martin's lab for two or three years after that, a partnership never materialized. UMBC's staff just wasn't interested, Dr. Chen recalls."There was no good fit and . . . there was no initiative from the school to cultivate that," he says.
NEWS
By Frederick N. Rasmussen, The Baltimore Sun | November 30, 2011
Paul C. Ergler Sr., a retired Martin-Marietta Corp. aeronautical engineer who later became a professor of business management at what is now Loyola University Maryland, died Sunday of cardiac arrest at Oak Crest Village. The longtime Glen Arm resident was 92. Born in Pittsburgh and raised in Upper Darby, Pa., Dr. Ergler was a 1937 graduate of Upper Darby High School. He attended Drexel University in Philadelphia, where as a co-op student he earned a bachelor's degree in 1942 in aeronautical engineering.
NEWS
By James Bock and James Bock,Staff Writer | May 24, 1993
Peace activists capped a Catonsville Nine reunion weekend by spattering the entrance of Martin Marietta Corp.'s Middle River defense plant with blood yesterday and holding a vigil on company property.Unlike their anti-war movement mentors a quarter-century ago -- two of whom provided yesterday's vigil with moral support -- the self-styled "Middle River Nine" found it difficult to get arrested immediately.One managed to get arrested at midafternoon on a trespassing charge by wandering away from the other demonstrators, and most of the others followed suit by ignoring a company official's request that they leave by 6 p.m., Baltimore County police said.
BUSINESS
By Bloomberg Business News | May 15, 1992
WASHINGTON -- A Martin Marietta-Lockheed Group won't cut its $385 million offer for units of the LTV Corp. if Congress bars their sale to a team led by a French company for $450 million, Martin Marietta's chairman and CEO, Norman Augustine, said yesterday.Rumors have arisen that Martin Marietta-Lockheed would slash its price to $250 million if Congress blocked the sale of the defense company units to Thomson-CSF Inc., the head of the Bethesda-based company told the House Armed Services Committee.
NEWS
By Ted Shelsby and Kim Clark and Ted Shelsby and Kim Clark,Staff Writers | October 1, 1993
BETHESDA -- Martin Marietta Corp. said yesterday that its Glen Burnie plant with 481 workers would be closed, as the local division becomes one of the casualties of peace in a corporatewide consolidation.The closing of the submarine warfare plant here was part of the company's decision to cut 11,000 employees nationwide this year as a result of Pentagon budget cuts and its acquisition of General Electric Corp.'s aerospace division last year, said Norman R. Augustine, Martin Marietta's chairman and chief executive.
NEWS
By Tom Pelton and Tom Pelton,Sun Reporter | December 3, 2006
Charles M. Rock Sr., a longtime administrator at Martin Marietta Corp. who helped build bombers during World War II, died of leukemia Nov. 26 at the Gilchrist Center for Hospice Care. He was 90 and lived in Towson. Starting out as an aviation mechanic at Glenn L. Martin Co. in Middle River, Mr. Rock devoted more than four decades to the business of building airplanes, moving around the country to work for the firm's offices in California, Alabama, Colorado, Louisiana, Florida and Rockville.
BUSINESS
By BILL ATKINSON and BILL ATKINSON,SUN STAFF | September 29, 1995
Seven people, including two former employees of the Grumman Corp., who allegedly made illegal trades based on insider information while the company was in merger negotiations with Bethesda-based Martin Marietta Corp., have agreed to pay nearly $300,000 to settle a complaint filed by the Securities and Exchange Commission.The complaint, filed Wednesday in U.S. District Court for the Southern District of New York, claims Grumman employees Nicholas Croce and his brother, Frank, and the other five defendants who were not Grumman employees used and passed information to a handful of family members and friends who made illegal trades on the company's stock.
NEWS
By Brent Jones and Brent Jones,Sun reporter | February 18, 2008
Laurence J. Adams, a McDaniel College honorary trustee and a retired engineer who once helped run one of the nation's largest aerospace corporations, died Wednesday at Johns Hopkins Hospital. The 86-year-old Potomac resident died of complications of pneumonia. The son of a farmer, Mr. Adams was born and raised in Madelia, Minn., and graduated from the University of Minnesota in 1948 with a bachelor's degree in aerospace engineering. It was during college that Mr. Adams met Marguerite "Peggy" Gaetz, who would become his wife.
BUSINESS
May 3, 1994
Martin completes acquisitionMartin Marietta Corp. said yesterday that it had completed its $208.5 million acquisition of General Dynamics Corp.'s space systems division.The cash purchase, announced in December, fits MartinMarietta's strategy for the post-Cold War defense industry, said the maker of space launch vehicles, missiles and related products. The former General Dynamics business designs, manufactures and supports Atlas and Centaur space launch vehicles.Martin Marietta said it will cut costs by consolidating its astronautics division, including the Titan IV program, with the Atlas and Centaur programs.
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