BRIEFCASE PFC TECH SIGNS SPACE STATION DEAL.

Byline: - Staff and Wire Services

CANOGA PARK - Boeing Inc.'s Rocketdyne division announced Tuesday that it has signed a contract with PFC Technologies to digitize and archive contracts and drawings related to the International Space Station.

About 1.5 million pages and engineering drawings will be shipped from the National Aeronautics and Space Administration's Marshall Space Flight Center in Huntsville, Ala., to PFC Technologies' California facility for processing.

PFC Technologies, based in Woodland Hills, manages documents and files for corporate health care, legal and governmental organizations.

NMB consolidates several divisions

CHATSWORTH - NMB Inc. announced on Tuesday the consolidation of NMB Technologies Corp.'s technologies and precision components division.

NMB Technologies has realigned its sales and marketing divisions as well.

NMB Technologies manufactures and markets cooling systems, precision bearings, audio components, step and spindle motors, keyboards, mechanical assemblies, power supplies, fluid bearings and automotive components.

Wilson, Tennis Channel ink pact

SANTA MONICA - The Tennis Channel announced Tuesday that it has signed Wilson Racquet Sports, a division of Wilson Sporting Goods, as a charter advertiser with the new 24-hour cable network.

Beyond traditional advertising, Wilson and The Tennis Channel will cooperate on a range of programs of interest to tennis enthusiasts.

For example, shows will take viewers behind the scenes as new equipment is developed.

Machinists don't like Boeing offer

SEATTLE - Boeing delivered its ``best and final'' offer to the machinists union Tuesday, calling for a 20 percent pension increase by the contract's third year and a boost in the ratification bonus - from 6 percent to 8 percent of a year's pay.

``It's very attractive economically. It's very competitive and we hope they find it acceptable,'' said Alan Mulally, chief executive officer of Boeing Commercial Airplane Group.

``It looks, on every count, unsatisfactory,'' said union spokesman Matt Bates.

The two sides are negotiating a three-year contract that will cover about 25,000 union members in Washington state, Wichita, and Portland, Ore. The current contract is set to expire Sunday at midnight.

The union is scheduled to vote Thursday on whether to accept the contract and whether to strike if the contract fails to win a simple majority.

SEC clamps down on big business

WASHINGTON - After a season of corporate scandal, federal regulators unanimously adopted rules Tuesday that require companies to file financial reports earlier and force chief executives to take responsibility for their accuracy.

Despite an outcry from public companies, commissioners voted 5-0 to require large U.S. firms to file quarterly reports within 35 days of the end of the period, 10 days sooner than current rules. Annual reports would be due within 60 days after the end of the year, instead of the current 90 days.

The SEC also cut the time that corporate insiders and large shareholders have to report trades of company stock to two business days.

Andersen to settle for $40 million

HOUSTON - Andersen Worldwide SC, the international umbrella organization that includes auditing firm Arthur Andersen LLP, has agreed to pay $40 million to settle lawsuits from Enron Corp. investors and employees.

The settlement, announced Tuesday, is the first to emerge from a $25 billion lawsuit filed on behalf of Enron investors, led by the University of California, and another lawsuit filed by former employees in the aftermath of the failed energy company's swift collapse last year in a swirl of accounting scandals.

Andersen Worldwide serves as the coordinating entity for the international network of Andersen firms. Arthur Andersen LLP, its Chicago- based U.S. arm, remains a defendant in the suit.