Word: almaden
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Dates: during 1980-1989
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Equally sharp-eyed Canadian mining companies have snapped up the rights to some 40% of the new gold-digging projects in Montana, Nevada and other Western states. In Northern California, foreign investors have picked up more than two dozen of the region's 300 wineries, among them the Almaden label (now British) and the St. Clement Vineyard (Japanese). In Alaska, Japanese investors control more than one-third of the state's $680 million seafood-packing industry. U.S. farmland might be a bigger target for raiders, except that more than two dozen states have imposed controls or bans on foreign ownership...
...University of Illinois, Physicist Donald Ginsberg raced out to buy an air mattress and an alarm clock, anticipating a spate of all-nighters. At IBM's Almaden Research Center in San Jose, scientists successfully duplicated the compound, analyzed its crystal structure and passed the information on to the company's labs in Yorktown Heights, N.Y., where their colleagues were able to make thin films of the substance literally overnight. At the University of California, Berkeley, a group that included Theoretical Physicist Marvin Cohen, who had been among those predicting superconductivity in the oxides two decades ago, reproduced...
...vintage. A strike by the Distillery, Wine & Allied Workers' International Union that began on Aug. 18 and soon curtailed production at six locations spread to three new sites last week, as workers began picketing the Charles Krug plant in Napa Valley, the Gibson winery in the Central Valley and Almaden in San Jose. Union leaders are threatening to strike at E. & J. Gallo, the industry giant that produces 40% of all California wine...
While sales of higher-priced varietal wines, named after specific grapes like the Cabernet Sauvignon and Pinot Noir, remain strong, low-cost generic labels, the Burgundies and Chablis produced by such vintners as Inglenook and Almaden, have fallen off. The price of a gallon jug of domestic wine sold in food stores has been cut in half since 1981, to about $3. Meanwhile, foreign vintners have flooded the U.S. Helped by a strong dollar that has made their wines cheaper for American buyers, foreigners boosted their share of the American market this year to more than 25%, up from...
...about 6% alcohol, roughly half as much as traditional vintages. First cococted in 1981 by a Coors beer distributor, the beverage is available in at least 27 brands. Among West Coast producers, California Cooler, the leading firm, ranks just behind the traditional wineries of E. & J. Gallo, Seagram and Almaden in sales...