Anatomy of a deal: the LTV story

Article Abstract:

Cleveland, OH-based LTV Corp decided to establish a manufacturing facility in Marion in an effort to strengthen its tubing business operations. The company singled out the site due to its availability to interstate transportation and conduciveness to customers. The 265,000 sq.ft project, designed to accomodate 146,000 tons of lightweight automobile parts a year, proved beneficial to residents as it was able to provide a number of job opportunities. In return, local authorities granted LTV a tax incentive package, which would save the company some $8 million in operating expenses.

Iron and Steel Mills, Blast furnaces and steel mills, Blast Furnaces & Steel Mills, Buildings and facilities, Local government, Ohio, Steel industry, LTV Corp., LTV

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A scan of Wallonia's investment advantages

Article Abstract:

Wallonia, Belgium, is ranked by relocation firm PHH Relocation as the third most attractive relocation site to US businesses. Investment in Belgium by US companies has increased 50% between 1994 and 1997 to reach $18 bil. Much of the attraction of the region is its pool of skilled workers, the liberal business regulations and incentive packages, large number of industrial parks, subsidies for the construction of facilities and its strategic proximity to the European markets.

Economic Development NEC, Belgium, Incentives (Business), Wallonia, Belgium

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Central Europe's privatization push

Article Abstract:

The Czech Republic, Hungary and Poland have undertaken privatization programs in preparation for their acceptance into the European Union between 1997 and 2007. The three Central European countries have either split up their water monopolies or have privatized them. Hungary has privatized energy production and distribution but the country's transmission grid continues to be government-owned.

Area & Regional Development, Czech Republic, International aspects, Poland, Hungary, Membership, European Union, Privatization, Privatization (Business)

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