Word: backlogs
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...Francisco born. Jack Bonny started in the construction business after graduating from the University of California in 1925, joined Morrison-Knudsen in 1931, as a project manager. He became a vice president in 1943 and general manager in 1947. As president, Bonny will take over a $400 million backlog for new construction that includes foreign operations in 18 countries, new dams and power plants, a series of experimental nuclear-reactor plants, new factories and research centers, roads, and bridges...
...disastrous to the company. But, said Kuykendall, "if Mr. Mueller had tried to argue the merits of the case, I'd have shut him up." Kuykendall said that Kline had gone to Colorado and worked on the reduced refund. Explained Kuykendall: "We encouraged it. We have a tremendous backlog of cases." Asked Committee Counsel Robert W. Lishman: "Is it in the consumer's interest for the FPC to go for a lower settlement?" Replied Kuykendall: "You're oversimplifying. It's not in the public interest for such a company to go bankrupt...
...into General Teleradio. Stepping nimbly into television, he began syndicating old Hollywood movies to stations across the U.S., was soon shopping for a larger film library. After weeks of haggling, Tom bought the shaky RKO Radio Pictures, Inc. from Howard Hughes for $25 million, started distributing RKO's backlog of some 700 films on television. Says Tom's father: "That Tom, he sure makes money...
DROP IN BEEF PRICES this summer is predicted by American National Cattleman's Association. Reason: U.S. population growth justifies 1,000,000-head cattle increase per year, but over last two years U.S. has built up backlog of 8,500,000 head, and price will break sharply when this stampede hits market...
...plant, was about to be incorporated. What made this unusual was the company's president: 19-year-old Joseph Stevens Allen, who founded Allen Manufacturing at 17, has turned it into a rapidly growing firm that this year expects to do a $250,000 business, has an order backlog of $150,000. Said Steve Allen last week as he sat behind a large desk in his paneled office: "I'm trying to set aside all the traditional milestones. I'm in a big hurry to get somewhere...