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To capture the industry specific effects, our sample is characterized into 14 major industries based upon NIC 3 digit industrial classification code (Table 5).
Petrochemical Industries, based in Safat, Kuwait, is a unit of the state-owned Kuwait Petroleum Corporation.
Warn Industries, based in Portland, Ore., has annual sales of more than $150 million.
Mueller Industries, based in Memphis, manufacturers copper tube and fittings and other products.
The leading industries, based largely on forest products, include the manufacture of furniture, matches, and paper.
Fab Industries, based in New York, said the weak economy and competition from imports had reduced demand for its products.
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Correction: May 18 , 2003 Sunday An article last Sunday about the prospects of the American textile industry misstated the financial situation of Malden Mills Industries, based in Lawrence, Mass.
Kodak said it expected that the 1,800 employees would transfer to ITT Industries, based in White Plains, a leading developer of space-based sensors and image information processing services.
CF Industries, based in Deerfield, Ill., said it had received the offer and would evaluate it.
An exception is Sidney Harman, executive chairman of Harman International Industries, based in Washington, a maker of audio and electronic control systems for automakers.
General DataComm Industries, based in Middlebury, Conn., said yesterday that it would cut 200 jobs, about 22percentt of its work force, to reduce costs.
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