Bowling Green-based Houchens Industries has announced plans to purchase Browning Oil, another Bowling Green-based company that operates 14 Shell-branded gas/convenience stores. Houchens, a diversified company whose holdings include Jr. Food convenience stores, plans to continue operating the units as Shell stores. Financial details of the transaction have not been released.
Some 870 employees at the General Motors Bowling Green Assembly Plant who are part of the United Auto Workers union have received buyout offers from the company as part of a new attrition program announced last month. The attrition program, which is being offered to all 74,000 of GM’s U.S hourly workers who are part of the UAW, comes in the wake of the company’s $38.7 billion earnings loss for 2007. The buyouts are part of a national contract negotiation between GM and the UAW, which allows GM to replace 16,000 jobs that have hourly wages of around $28 with non-assembly jobs that will pay approximately $15. Such a plan, say GM officials, provides the company with the opportunity to “transform the work force” and improve its chances of competing in what has become an increasingly competitive industry. Eldon Renaud, president of UAW 2164 for the Bowling Green plant, told the Bowling Green Daily News that he expects about 70 Bowling Green employees to accept the buyout incentive. The plant employs approximately 1,000 workers.
The PGA of America has announced that Bowling Green has been selected to host the 2008 Junior Ryder Cup golf tournament. The event will take place Sept. 15-16 at The Club at Olde Stone. Participants in the 2008 Junior Ryder Cup will also receive the opportunity to play a nine-hole match the day prior to the start of the 2008 Ryder Cup event, which is slated to be held at Louisville’s Valhalla Golf Club Sept. 16-21.