Misplaced Pages

Pittsburgh Associates

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

Pittsburgh Associates was a consortium of the City of Pittsburgh and local businesses which owned the Pittsburgh Pirates from 1986 to 1996. It was spearheaded during a dark year for the ball club with national media focused on the Pittsburgh drug trials , where many former Pirates as well as other major leaguers were brought up on Federal drug charges for offenses through the early 1980s. The Pirates had gone from a World Series victory in 1979 and contention as late as 1983, to a 100-loss season in 1985. At the same time, longtime owner John W. Galbreath was looking for a new buyer, and cities such as New Orleans and Portland were making attractive bids.

#176823

24-524: The Associates were spearheaded by popular Pittsburgh Mayor Richard S. Caliguiri and some prominent corporate leaders of such companies as Westinghouse , Alcoa , PPG , United States Steel , PNC , Mellon Financial , Carnegie Mellon University and Ryan Homes . Other investors include Chicago real estate developer Harvey Walken, Pittsburgh contractor Frank Schneider and Pittsburgh businessman Frank Fuhrer as well as Block Communications co-owner and Pittsburgh Post-Gazette publisher William Block. The deal

48-405: A serious setback when the corporation lost over one billion dollars due to bad high-risk, high-fee, high-interest loans made by its Westinghouse Credit Corporation lending arm. In an attempt to revitalize the corporation, the board of directors appointed outside management in the form of CEO Michael H. Jordan , who brought in numerous consultants to help re-engineer the company in order to realize

72-451: The 1980s arbitrage and hostile takeover climate. Gulf was absorbed by Chevron and Koppers by British firm Beazer , both resulting in the region losing several thousand high salaried corporate headquarter jobs. The period was also marked by Pittsburgh-based Westinghouse 's run up to bankruptcy and reorganization in 1990 (later to become CBS and move to New York) and Rockwell International 's move to California and eventually Wisconsin. By

96-564: The NLCS all three times. This article about a baseball team in Pennsylvania is a stub . You can help Misplaced Pages by expanding it . This Pittsburgh -related article is a stub . You can help Misplaced Pages by expanding it . Richard S. Caliguiri Richard S. Caliguiri (October 20, 1931 – May 6, 1988) was an American politician who served as the mayor of Pittsburgh , Pennsylvania from 1977 until his death in 1988. Caliguiri

120-879: The Westinghouse trademarks were granted to the newly formed BNFL subsidiary, Westinghouse Electric Company . That company was sold to Toshiba in 2006. During the 20th century, Westinghouse engineers and scientists were granted more than 28,000 U.S. patents, the third most of any company. There have been a number of Westinghouse-related environmental incidents in the US. Below is a short list of these. All of these are chemical pollution incidents; none of them involve nuclear reactors or nuclear pollution. Westinghouse established subsidiary companies in several countries including British Westinghouse and Società Italiana Westinghouse in Vado Ligure , Italy. British Westinghouse became

144-608: The actors and coach, before he extends across the crowd to shake Julius Erving 's hand (one of the "actors" on the team) and is met warmly by a surprised Dr. J. On May 18, 1987 Caliguiri was a guest on a national broadcast of The Today Show as it filmed in Pittsburgh. Westinghouse Electric (1886) The Westinghouse Electric Corporation was an American manufacturing company founded in 1886 by George Westinghouse and headquartered in Pittsburgh , Pennsylvania. It

168-655: The advancement of AC technology in Europe, the firm became active in developing alternating current (AC) electric infrastructure throughout the United States. The company's largest factories were located in East Pittsburgh, Pennsylvania , Lester, Pennsylvania and Hamilton, Ontario, where they made turbines , generators, motors, and switch gear for the generation, transmission, and use of electricity. In addition to George Westinghouse, early engineers working for

192-636: The age of 56, and was interred in Pittsburgh's Roman Catholic Calvary Cemetery . In October 1990, a commemorative statue of Caliguiri sculpted by Robert Berks was dedicated on the steps of the Downtown Pittsburgh City-County Building on Grant Street . According to Caliguiri's son David, previous ideas had included a renaming of Grant Street and the Pittsburgh Civic (later Mellon) Arena . Caliguiri, who graduated from Taylor Allderdice High School in 1950,

216-603: The city, by order of Mayor Caliguiri, placed a plaque entitled "Salute to Liberty" and reading, "During this holiday season, the city of Pittsburgh salutes liberty. Let these festive lights remind us that we are the keepers of the flame of liberty and our legacy of freedom." Three years later, by two 5-4 decisions, the United States Supreme Court upheld in part and denied in part the city's position in County of Allegheny v. American Civil Liberties Union . In

240-835: The company included Frank Conrad , Benjamin Garver Lamme , Bertha Lamme (first woman mechanical engineer in the United States), Oliver B. Shallenberger , William Stanley , Nikola Tesla , Stephen Timoshenko , and Vladimir Zworykin . Early on, Westinghouse was a rival to Thomas Edison 's electric company. In 1892, Edison was merged with Westinghouse's chief AC rival, the Thomson-Houston Electric Company , making an even bigger competitor, General Electric . Westinghouse Electric & Manufacturing Company changed its name to Westinghouse Electric Corporation in 1945. In 1990, Westinghouse experienced

264-466: The end of Caliguiri's time in office, not a single major steel mill operated in a city once known as the "Steel City", and the city that once boasted more Fortune 500 corporate headquarters than any other US city save for New York and Chicago, had fewer than ten. In 1986, in response to some citizen complaints and legal action by the ACLU concerning Christmas and Hanukkah displays on government properties,

SECTION 10

#1732784014177

288-605: The first time in city, history no candidate opposed him in the general election. In his position as President of the Pittsburgh City Council, Caliguiri was appointed interim Mayor in 1977 after Flaherty was appointed Deputy Attorney General in President Jimmy Carter 's administration. Caliguiri's departure from the city council necessitated the 1978 special election which allowed independent Democrat Michelle Madoff her seat. Caliguiri won

312-537: The late 1980s, Caliguiri was diagnosed with amyloidosis , a rare and serious protein disorder. Coincidentally, within a few years in the mid to late 1980s, three of Pennsylvania's most prominent political leaders were afflicted with the disorder. Caliguiri as well as longtime Erie Mayor Louis Tullio and Pennsylvania Governor Bob Casey were all diagnosed with the incurable and usually fatal disease. Caliguiri refused to allow his declining health to affect his leadership and did not step down as mayor. He died in 1988 at

336-510: The liquidation of their credit operations. In 1995, in a major change of direction, the company acquired the CBS television network and renamed itself CBS Corporation . Most of its remaining industrial businesses were sold off at this time. CBS Corp was acquired by Viacom in 1999, a merger completed in April 2000. The CBS Corporation name was later reused for one of the two companies resulting from

360-410: The mayor's office substantively in an election later in 1977, and was re-elected twice, serving until his death in 1988. Under Caliguiri's leadership, Pittsburgh began its "Renaissance II" plan, an urban renewal and revitalization plan based on the "Renaissance" plan of former mayor and governor David L. Lawrence . The plan was generally considered a success (especially with the city's skyline ) but

384-570: The potential that they saw in the broadcasting industry. Westinghouse reduced the workforce in many of its traditional industrial operations and made further acquisitions in broadcasting to add to its already substantial Group W network, including Infinity Broadcasting , TNN , CMT , American Radio Systems , and rights to NFL broadcasting. These investments cost the company over fifteen billion dollars. To recoup its costs, Westinghouse sold many other operations, including its defense electronics division, its metering and load control division (which

408-494: The split of Viacom in 2005. One of the few remaining original lines of business to survive this process was the nuclear power division, which was sold to BNFL in 1999 and re-formed as Westinghouse Electric Company . The Westinghouse trademarks are owned by Westinghouse Electric Corporation, and were previously part of Westinghouse Licensing Corporation . Westinghouse Electric was founded by George Westinghouse in Pittsburgh , Pennsylvania , on January 8, 1886. Building on

432-486: Was also a major player in the field of nuclear power , starting with the Westinghouse Atom Smasher in 1937. A series of downturns and management missteps in the 1970s and 80s combined with large cash balances led the company to enter the financial services business. Their focus was on mortgages , which suffered significant losses in the late 1980s. In 1992 they announced a major restructuring and

456-431: Was hampered by a sharp and permanent downturn in the city's economy and resulting population shifts. During Caliguri's tenure, Pittsburgh's economy began a marked downturn during the deindustrialization of the 1980s, with the decline of the large steel producers such as U.S. Steel and Jones and Laughlin . Long time industrial giants which had Pittsburgh headquarters such as Gulf Oil and Koppers were both victims of

480-425: Was inducted into their alumni hall of fame in 2010. Caliguiri is spotlighted in a cameo playing himself in the sport/cult classic The Fish That Saved Pittsburgh in 1979. Near the middle of the film he is seen on the extreme right introducing to a cheering crowd the city's basketball team at an indoor rally. He slips off camera for a few seconds and then is seen again patting them on the back and shaking hands with

504-524: Was intended to ensure that the Pirates would stay in Pittsburgh until a new long-term buyer could be found to keep the club in the city. However, the consortium's stewardship of the Pirates would last for 10 years until Kevin McClatchy bought the team in 1996. During their time as owners, Pittsburgh Associates saw the Pirates win three straight NL East titles (1990–92); however, the Pirates would fall in

SECTION 20

#1732784014177

528-572: Was of Italian Arbëresh ancestry, and grew up in the City of Pittsburgh's Greenfield neighborhood. He started his public service career in the CitiParks department of Pittsburgh, later running for the city council in the early 1970s. Caliguiri first ran for mayor as a longshot in 1973, but lost the Democratic primary to popular incumbent mayor Peter Flaherty ; Flaherty was so popular that, for

552-442: Was originally named "Westinghouse Electric & Manufacturing Company" and was renamed "Westinghouse Electric Corporation" in 1945. Through the early and mid-20th century, Westinghouse Electric was a powerhouse in heavy industry, electrical production and distribution, consumer electronics, home appliances and a wide variety of other products. They were a major supplier of generators and steam turbines for most of their history, and

576-711: Was sold to ABB ), its residential security division, the office furniture company Knoll , and Thermo King . Westinghouse purchased CBS Inc. in 1994 for $ 5.4 billion. Westinghouse Electric Corporation changed its name to and became the original CBS Corporation in 1997. Also in 1997, the Power Generation Business Unit, headquartered in Orlando, Florida , was sold to Siemens AG of Germany. A year later, CBS sold all of its commercial nuclear power businesses to British Nuclear Fuels Limited (BNFL). In connection with that sale, certain rights to use

#176823