Alan Fuhrman, former president and chief operating officer at Bothell’s Integrex Inc., was named as Sonus Pharmaceuticals’ new chief financial officer on Wednesday. Integrex, which makes electronic components for other firms at its Canyon Park facility, was acquired by Arizona-based Three-Five Systems Inc. in February. Richard Klein, the former CFO at Bothell-based Sonus, which is developing anti-cancer drugs, resigned for personal reasons in April.
Sunstrand gets 8th 7E7 contract
Hamilton Sunstrand will provide the electric hydraulic pumps for the 7E7 Dreamliner, the Boeing Co. announced Wednesday. It is the Connecticut-based company’s eighth contract for 7E7 work. The 7E7 will be the first commercial jet that to use electricity to power the pumps. Other airliners use compressed air bled from the engines.
Women still bear housework burden
Working women spend more time on housework than working men, and perhaps not surprisingly, have less leisure time on an average day than men, according to a Labor Department survey. The department’s Time Use Survey found that employed women averaged about an hour more per day on housework than did employed men. Men, on the other hand, averaged more time at work than full-time working women, 8.3 hours a day compared with 7.7 hours.
Industrial activity grows by fraction
Industrial activity edged up by 0.1 percent in August as declines in utility and mining output tempered a gain in factory production. The small rise in industrial activity reported by the Federal Reserve Wednesday followed a 0.6 percent gain in July.
Coke’s earnings to fall 24 percent
Coca-Cola’s top executive said Wednesday the world’s largest beverage maker needs to work harder, better execute its business strategy and improve its culture as he warned that third-quarter per-share income will drop at least 24 percent from the same period in 2003. Chief executive Neville Isdell said earnings for the July-September period will be in the range of 35 cents to 38 cents, a steep decline from the 50 cents Coke reported last year.
Correction
American Construction Co. will be responsible for any environmental cleanup costs at its site on the Everett waterfront, which will part of a $200 million redevelopment project. The Port of Everett will supervise the work. A story on Page D1 on Wednesday incorrectly stated who would pay for the cleanup.
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