A major corporate reorganization was announced by Turbodyne Corporation of Minneapolis, Minn., and Worthington Compressors, Inc. of West Holyoke, Mass. O.E. Powers, president and chief executive officer of Turbodyne, has been elected chairman of
Robert A. Guthans, president and chief executive officer of Mobile, Alabama-based Midstream Fuel Services, Inc., and its two subsidiary companies, Tenn-Tom Towing Company, and Petroleum Energy Products Company, was elected chairman of the board
The 99th Congress was sworn into office in 1985 with perhaps its primary challenge to control the spiralling federal deficit. Members of the House of Representatives and Senate, both Democrats and Republicans, and the President, expressed their
C. Larry French has been appointed chairman of the board and chief executive officer of National Steel and Shipbuilding Company of San Diego, a wholly owned subsidiary of Morrison-Knudsen Company. In other promotions, Richard H. Vortmann has been named president and chief operating officer,
Ralph E. Ablon, chairman of Ogden Corporation, has announced that Ogden's board of directors have approved a plan to distribute the stock of Ogden Marine, Inc. (OMI) to Ogden stockholders. It is expected that the spinoff will be completed in late December 1983 or early 1984,
The annual membership meeting of Western Shipbuilding Association (WSA) was held recently in San Francisco, Calif. Rear Adm. James K. Nunneley, USN, Deputy Commander for Industrial and Facility Management, Naval Sea S y s t e m s Command, Washington, D.
C.L. Graves, chairman of the board and chief executive officer of J. Ray McDermott & Co., Inc., has announced the election of eight officers of the company to positions which reflect their primary functions, and recognize the realignment of duties
The TORCO Dock, the Port of Toledo's (Ohio) new $33-million iron ore transfer and ground storage facility, was officially dedicated into service recently as the port's e x c l u s i v e transshipment center f o r taconite ore pellets. The new ore handling facility,
Pott Industries Inc. of St. Louis, Mo., has announced that Richard M. Currepce has been named president and chief executive officer of Pott's Offshore Marine Services Division headquartered in New Orleans, La. Mr. Currence succeeds Vern E. Easterling, who assumes the position of chairman.
Tidewater Inc.'s marine subsidiary, Tidewater Marine Service, Inc., has completed an agreement to purchase a package of five vessels from Otto Candies, Inc. of Des Allemands, La. According to an announcement by John P. Laborde, Tidewater chairman and chief executive officer,