Labor & Economic News Blog
Monday, July 24, 2006
Union considers risk of acquiring Hoover
Union considers risk of acquiring HooverFrom the window in his small union hall office, Jim Repace can look out at the red brick, four-story Hoover Co. plant and dream about owning the well-known vacuum maker. Now his task is to inspire hundreds of workers that their best strategy to stop a job drain is a risky one: to buy a struggling company, if they can find some financial help.
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