Word: acf
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...after 45 years with Technicolor, manufacturer of most of the nation's color-movie prints. Indiana-born, Columbia-educated ('34) Clark joined Technicolor in 1936, served as assistant to Kalmus until being appointed executive vice president in 1955. ¶Russell C. Taylor, 55, was named president of ACF Industries, Inc., railroad-car maker, succeeding James F. Clark, 56, who becomes chairman of the executive committee. Along with ACF Chairman William T. Taylor (no kin), Russell Taylor and Clark will form a three-man top-management team on which all will share responsibility in setting company policy. Taylor...
...ACF Industries (1957 sales: $294,592,000) is constructing a 22,000-kw. boiling-water reactor for the AEC at Elk River, Minn, for completion in 1960, test and research reactors for use in Sweden, The Netherlands and Italy...
Into the rail station at Peoria, Ill. last week slithered the Chicago, Rock Island & Pacific Railroad's answer to the annual $700 million deficit of U.S. passenger trains: the Jet Rocket, a light, low train modeled after the Spanish Talgo. Built by ACF Industries, Inc., it is the first of the new lightweight trains to be owned by a U.S. railroad. It begins regular Chicago-Peoria passenger runs this week...
Died. Charles J. Hardy, 89, president (1933-44) and board chairman (1944-51) of American Car & Foundry Co. (now ACF Industries. Inc., with 16,500 employees in 20 plants), the second largest U.S. railroad-car maker; in Manhattan...
...mile run between New Haven and Boston last week, the New Haven's new president, Patrick B. McGinnis, who wooed stockholders with the promise of better passenger service, put on a demonstration of ACF's speedy train. With special ICC permission, the engineer disregarded the 60-m.p.h. speed limit on curves, went into the turns at 87 m.p.h. On the long straightaways, he pushed ACF's Talgo up to 102.8 m.p.h. and pulled into Boston in 150 minutes. Though it was a stop-and-start experimental run, the time was still ten minutes better than the best...