Word: avco
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Dates: during 1980-1989
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Seven participants in last June's antinuclear protest of an AVCO Systems plant went to court last week on charges of trespassing. Cambridge resident Susan L. Redlich was among the seven, who are the first of O people arrested in the incident...
Redlich was acquitted of trespassing because she was thrown on the AVCO property, and another acquitted due to a police officer's improper identification, but five were convicted of the charges...
...protesters represented the New England Campaign to Stop the Euromissiles and chose the AVCO site, because that company allegedly produces components for the Pershing Missiles. Redlich said the protest was an effort "to prevent the land from being used to create a nuclear oven...
...divestiture plan is the most dramatic evidence so far that the golden days of corporate empire building are fading. Several other conglomerates are pursuing similar slim-down programs. Since 1983, Gulf & Western Industries has unloaded 46 companies, including its sugar and hotel businesses. In 1984, Avco got out of real estate and stopped making industrial lasers and farm equipment. R.J. Reynolds last year decided to focus once again on consumer products such as cigarettes and soft drinks and sold its shipping and energy businesses...
...Pentagon touted the sleek, speedy M-1 Abrams tank as a revolutionary superweapon when it was put into production in November 1981. There was only one problem: the tank's engine, built by the Avco Corp.'s Lycoming division, had a tendency...