Word: alcoa
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...that sort of guerrilla warfare, the British retreated in some order. They still keep their position in Zeckendorf Property Corp., an affiliate that they insisted be spun off from Webb & Knapp in 1961, where they are joint partners with Webb & Knapp with 47.5% each (the remaining sliver belongs to Alcoa). Zeckendorf Property has under way 13 promising urban development projects, including Manhattan's Lincoln Towers, and Zeckendorf plans to continue linking up with partners to build mw development projects-but to keep ouTsiders out of Webb & Knapp. He hopes that assiduous real estate trading can keep the company going...
...traffic is still in commonplace bulk items for which barge rates are unbeatably low (an average of 2 mills a ton. v. 16 mills by rail and 6.5?by truck). Grain barges moving down to New Orleans from Minneapolis pass inbound South American bauxite ore moving upriver to Kaiser, Alcoa and Olin Mathieson aluminum plants on the Ohio. The bauxite ore is transshipped from seagoing ships at New Orleans, but recently Captain Jesse Brent, head of a Greenville, Miss, towing company, bought a shallow-draft, 180-ft. vessel in which he hauls insecticides, feed and fertilizers direct from Memphis...
Thurs., Dec. 20 Alcoa Premi...
...money (mostly in real estate and Alcoa stock) were simply banked, it would yield about $13.5 million a year-compared with the Carnegie Corporation's $10.9 million in 1961. Clearly, a new-philanthropic giant has been born...
...restraint has confounded them. Instead of trying to lure his partners into big, risky new realty enterprises, Zeckendorf has manfully sold one property after another to acquire new working capital. Last week he spun off five urban redevelopment projects in Manhattan, Philadelphia and Pittsburgh to Alcoa Urban Development Corp., a newly formed subsidiary of mighty Aluminum Co. of America, which wants to do a little diversifying in a way that will also promote the use of aluminum construction. Alcoa gave Zeckendorf Property Corp. (an equal partnership between the British consortium and Zeckendorf's Webb & Knapp Inc.) $10 million...