Business
As part of the continuing shrinkage of the company, loss-plagued Kaiser Aluminum & Chemical said Wednesday that it is cutting its corporate staff in Oakland by about 42% in the next several months.
Oct. 1, 1987
Kaiser Aluminum & Chemical said Friday that it has “reached an understanding” with Hoogovens Groep BV, a large Dutch steel and aluminum company, for the sale of Kaiser’s aluminum subsidiary in Europe.
Feb. 7, 1987
KaiserTech Ltd., the corporate parent of Kaiser Aluminum & Chemical, announced Friday that it will write down the value of a number of operations and will post a $387-million loss in the year’s second quarter.
June 27, 1987
Kaiser Aluminum & Chemical Corp. said Sunday that shareholders have “overwhelmingly rejected” a takeover attempt by a group led by a reclusive British investor, an Oklahoma real estate magnate and a corporate takeover specialist.
March 24, 1986
Ron Radakovich has been named vice president-industrial relations at Kaiser Aluminum & Chemical, San Francisco.
July 15, 1988
Kaiser Aluminum & Chemical reported that it narrowed its second-quarter loss but said it may not live up to its earlier prediction of profitability for the year if aluminum prices and shipments of fabricated aluminum products do not improve.
July 16, 1986
It made sense 30 years ago for Kaiser Aluminum to string its mills along the Mississippi River in Louisiana.
Aug. 4, 1985
A group controlled by British investor Alan Clore would take control of Kaiser Aluminum & Chemical under a complex reorganization plan approved in principle Tuesday by directors of the Oakland-based company.
Nov. 26, 1986
KaiserTech Ltd., parent of Kaiser Aluminum & Chemical, said Friday that it will consider selling the entire company as part of its quest to increase value for shareholders.
Dec. 5, 1987
The last time Cornell Maier and Joe Frates saw each other, neither was very pleased.
March 2, 1986