Word: anding
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Dates: during 1950-1959
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The Goal: More Growth. The Bakalar brothers run their three plants, which employ 4,300 workers, with an informal touch. In their rambling Wakefield, Mass, headquarters, which was once an underwear mill, the Bakalars share a secretary, avoid written memos, and do most of their business in corridor conferences with...
¶Logan Truax Johnston, 60, was elected president and chief executive officer of Armco Steel Corp., succeeding Ralph Larrabee Gray, 65, who will become chairman. Pittsburgh-born Logan Johnston started in the steel industry in 1925 as a salesman for Columbia Steel Co. of Butler, Pa., joined Armco in 1927...
Jim Delfino's cowboy boots are old and scuffed. His Stetson is sweat stained, and his jeans are dirty from the hard labor of running his family's $10 million cattle, farming and packing business in California. He is a taciturn, hard-bitten cowpoke, but he has the...
Delfino agreed. "The growers are right. In five years, I do not think that there will be a sheep industry in the U.S. With rising land values and labor costs, it is pretty tough for a rancher to raise a sheep and make much over $1.50 on it." Delfino, on...
Over the Bounding Main. Delfino became intrigued by the possibilities of Down Under livestock in 1957, made a deal with the New Zealand government to ship 1,500 steers to the U.S. He chartered an old coal-burning British banana boat with a Panamanian registry, a Filipino captain, Australian officers...