Advanced capital goods utilize metals and consume energy for their production, so relaxation of tight supplies that prevailed the previous expansion means higher margins and a greater propensity to modernize plant and equipment.
The Bush administration is reviewing the New Source Review regulations, saying the law as written is a disincentive to modernize plants.
Mr. Law listed his priorities as conservation, renewable energy, modernizing plants, overseeing National Grid and making the authority more transparent.
To stay alive, Chrysler had had to go full speed with a program to downsize cars and modernize plants.
Coal and other energy producers say the rules impose billions of dollars in extra costs that block utilities from modernizing plants to make them more energy efficient.
BEHIND THE NEWS Two options being discussed include making the carmakers' financing arms eligible to take part in the Treasury's $700 billion bailout program, originally intended mainly for banks and other financial institutions, or using a $25 billion loan program recently created by Congress to help them modernize plants.
The newspaper said that the existing foreign-trade mechanism was "in contradiction" with the goals of "intensifying" the economy, modernizing plants and accelerating scientific-technological progress, goals that have been central in the ambitious economic planning of Mikhail S. Gorbachev since he came to power in March 1985.
With a $450 million loan from the European Bank for Reconstruction and Development and $350 million of its own money, Ispat modernized the plant.
In 1956 it established a Malaysian edition, The New Straits Times, in Kuala Lumpur, and in the 1960s and 1970s The Straits Times modernized its plant and installed computerized typesetting and editorial equipment.
WASHINGTON — The only American-owned company capable of enriching uranium is asking for government help to modernize its plant and remain in business.
