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Machinists and engineers question Boeing's 787 business strategy

However, Boeing Chief Executive Jim McNerney hasn't budged much on the company's global business model.

"We've learned a lot and have the scars to prove it," McNerney said of the 787 in April.

"I think it will be more of an adjustment in strategy rather than a change in strategy," he added.

That position doesn't sit well with Boeing's Machinists, who saw work they used to performing shipped to Japan, Italy and South Carolina for the 787.

The Machinists' contract with Boeing expires Sept. 3. The union went on strike for 28 days in 2005 after negotiations with Boeing failed.

"We're a force to be reckoned with and to be respected," said Mark Blondin, aerospace coordinator for the Machinists.

Boeing and the Machinists began preliminary contract negotiations months earlier than they have in previous years. more

Integrated Management Information (IMI Global) Reports Profitable

With our new long-term strategic marketing agreement with Vance Publishing, we are now more focused than ever on expanding our USVerified and Born & Raised in the USA® offerings and increasing our marketing efforts to support continued growth."

The Company reported net income of $42,700, or less than one cent per basic and diluted share, in the second quarter ended June 30, 2008, compared with a net loss of $209,600, or $0.01 per basic and diluted share, in the same quarter last year. It was IMI Global's first profitable quarter as a public company -- the result of significantly higher revenue combined with a stable cost structure.

Revenue in the second quarter increased 53% to $808,200 from $530,000 in the second quarter a year ago. Demand for the Company's USVerified solutions remained strong in the period, resulting in a 84% increase in revenue in that category -- to $611,500, or 76% of total revenue, from $333,000 in the second quarter last year. more

St. Louis Business Development Fund invests $500,000 in Oakwood Systems

Oakwood Systems Group Inc. received a $500,000 investment for expansion from the Saint Louis Business Development Fund, which invests in St. Louis-based, growing companies that are unable to access sufficient senior debt to finance organic growth or acquisition.

Creve Coeur, Mo.-based technology consulting firm Oakwood Systems is one of the fastest-growing private companies in the St. Louis area, according to Business Journal research. The company reported $7.5 million in fiscal 2006 revenue, a 92.3 percent increase from fiscal 2004 revenue of $3.9 million. The firm has 85 employees and an office in Nashville, Tenn.

Professionally managed by the St. Louis County Economic Council, the Saint Louis Business Development Fund is a private, for-profit corporation owned by 24 St. more

A&P may be asked to help civic center

There is also a request that the A and P allocate funding to establish a full-time marketing and booking position in the civic center. This person would accept bookings and assist renters, plus �maintain interaction with groups to ensure their satisfaction of services provided, develop a marketing plan to attract new as well as previous patrons of the facility, and maintain (the) marquee with the current community and facility events.�

�It�s so we could actually get some of the things that need to be done at the civic center completed, and not have it put off years at a time,� said Shepherd.

City council member Chris Oswalt asked if the establishment of the full-time position would be included in the 25 to 30 percent request, or if it would be separate. Shepherd responded that it was negotiable. more

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