Thursday, November 10, 2005

Dupont vs United Steel Workers

Sometimes information comes from an adversary. Dupont (NYSE:DD) and United Steel Workers (USW) who do not always get along seem to be squaring off at the Savannah River Nuclear Weapons Facility in South Carolina. Dupont issued a press release on Oct 11 indicating that they wish to become re-involved with the plant and bid on over $7.5 billion of DOE contracts. USW points out that Dupont abandoned previous efforts following DOE criticism and congressional hearings into over 30 serious accidents under Dupont management.

Who do you believe? How do you analyze?