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REGION

Wednesday, March 6, 2002


REGION
Second Bancorpdeclares dividend
WARREN -- Second Bancorp has declared a dividend of 18 cents a share, payable April 30 to shareholders of record April 15.
Orders have dropped,Parker Hannifin says
CLEVELAND -- Parker Hannifin Corp., which has plants in Youngstown, said orders for its North American industrial business declined 5 percent last month when compared with the same month last year. Orders in its industrial business in the rest of the world decreased 3 percent. At Parker Aerospace, orders decreased 16 percent.
NATION
United Airlines workersapprove pact with raise
CHICAGO -- United Airlines mechanics and aircraft cleaners approved a contract Tuesday that will give them their first raise since 1994 and end a bitter two-year dispute. The approval averted a strike that could have started as soon as Thursday.
Under the new five-year contract, senior mechanics' pay would go from the current $25.60 an hour to $35.14, or about $73,000 a year. For top-scale aircraft cleaners, hourly pay would increase 19 percent to $19.76 an hour, or about $41,000 a year.
Analysts have said a walkout could have forced United into bankruptcy.
From Vindicator staff and wire reports