SLEEK NISSAN CAR WINS
JAPANESE DESIGN PRIZENissan Motor Co.'s newest sports car, a sleek two-door with an aerodynamically designed exterior, won top honors in the Japanese Ministry of International Trade and Industry's prestigious Good Design awards program Thursday.
The Nissan Silvia, the latest model of which was introduced this summer, took the Good Design Grand Prize for the most outstanding design in the annual competition sponsored by MITI.
In the separate categories division, winners included a keyboard synthesizer by Yamaha, a five-door refrigerator by Matsushita Electric, a microscope by Nikon and a heart pulse meter by Nihon Koden.
Winners in the foreign products division included the U.S.-based Polaroid's mini-portrait camera, mountain climbing boots by Koflach of Austria, a dishwasher by West Germany's Bosch and a flexible conveyor belt by
Flex-Link of Sweden.
HASBRO DITCHES PLANS
FOR NEW VIDEO GAME
LOS ANGELES - Hasbro, the nation's No. 1 toymaker, has killed development of its top-secret $26 million high-technology video game because the $200 price tag would be too high for most families, officials said.
The announcement this week came as Hasbro reported third quarter earnings of $18 million on sales of $368.4 million, compared with profits of $11 million on $396.4 million in sales for the same time last year.
The company said the earnings reflect a $10 million write-off for the costs of the video project, nicknamed NEMO for never ever mentioned outside.
About half the 40 people who worked on NEMO at Isix, a Hasbro subsidiary in Foster City, were laid off.
Nolan Bushnell, the founder of Atari who helped develop NEMO, said the main problem was that the cost of the required computer memory chips rose from $1.60 to $8.60 each.
CUSTOMS UNION SAYS
PATCHES ILLEGALLY SHIPPED
WASHINGTON - The head of the union that represents U.S. Customs Service employees, the National Treasury Employees Union, Thursday accused Customs Commissioner William von Raab of sanctioning the manufacture and shipment of illegal, foreign-made official Customs uniform patches and then demanding that Customs employees buy the patches out of their own pockets.
A shipment of patches made in Canada was seized by Customs inspectors last Wednesday at the Peace Bridge in Buffalo, N.Y., because the packages violated Customs labeling regulations, said NTEU President Robert M. Tobias.
Mr. Tobias said Mr. von Raab earlier this year ordered the patches, celebrating the 1989 bicentennial of Customs, sewn on every Customs employee's uniform at employee expense.
LTV STEEL, SUMITOMO
MAY BUILD US PLANT
CLEVELAND - LTV Steel, subsidiary of LTV Corp. and Sumitomo Metal Industries Ltd., Tokyo, Japan, began a detailed study of the viability of building a second U.S. plant to produce electrolytically galvanized, corrosion-resistant steel sheet.
The first LTV Steel/Sumitomo joint venture, L-S Electro- Galvanizing Co., began production in Cleveland in 1986 to serve the automotive industry.
LTV Steel and Sumitomo will explore the feasibility of building a plant, that could be in production by late 1990, to electrolytically plate 300,000 tons of steel annually with pure zinc, zinc/nickel and zinc/nickel with organic coatings.
The study will determine specific equipment requirements, financing arrangements and market potential. No date has been established for completion of the study.