Nacco awards AT&T USD7.5 million contract
PORTLAND, OR, United States
Nacco Materials Handling Group Inc (NMHG) has awarded AT&T a three-year, USD7.5 million networking and long-distance phone service contract, AT&T said in a statement.

Under the contract, the global communications provider will connect more than 14 NMHG manufacturing and assembly sites in the US, Asia-Pacific and Europe.

That will speed the flow of critical company information to NHMG's 6500 employees worldwide through an internet protocol virtual private network .

Linde cuts fewer jobs than expected
HAMBURG, Germany
Linde AG will cut 43 jobs at its Still Wagner forklift manufacturing subsidiary, fewer than previously expected, according to the unit's chief executive Ernst Hegele.

AFX International Focus reported Linde had planned to cut up to 300 of the 520 jobs at the unit.

However, Still Wagner's management and works council have agreed on a deal that proposes salary cuts in return for guaranteed employment until 2014.

The German press reported Linde aimed at further optimising the Still brand in Germany as part of its restructuring program TRIM, and some personnel number adjustments had to be made.