Word: buildering
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...Delp and Jockey Franklin. They had left the friendly and familiar confines of Maryland tracks last winter to campaign Spectacular Bid at Triple Crown prep races in Florida and Kentucky. As newcomers to big-time racing, they quickly found themselves snubbed by the Thoroughbred establishment. Meyerhoff, a retired millionaire builder from Baltimore, and his wife were not even invited to the traditional ball before the Flamingo Stakes, despite the fact that their colt was heavily favored and indeed won the race the following day by twelve lengths...
...Pennsylvania accident, an advisory panel recommended installation of expensive new monitoring instruments at all 43 of the U.S.'s pressurized-water reactors?the type in use at Three Mile Island. The NRC also heard a complaint from a nuclear analyst for the Tennessee Valley Authority that the reactor's builder, Babcock & Wilcox, had brushed off his warning of a "serious" design problem. Perhaps of greatest immediate import, officials conceded that it may take several more weeks, possibly months, to achieve a "cold shutdown" of the crippled reactor, meaning bringing it down to the minimum possible temperature. Said NRC Operations Boss...
...million-a-year oilfield-equipment supplier called Houston Oilfield Material Co. back in 1962. Then Kenneally, an enterprising Minnesotan with an aristocratic manner and a flair for finance, became its president. Through a series of acquisitions, he quickly started transforming the company into a go-go builder of specialized agricultural and petroleum systems for Iron Curtain and Third World countries. By 1972 ISC was engaged in projects in 40 countries, and Kenneally was beginning to climb on the business jet-set circuit. Two years ago he and David Rockefeller, the Chase Manhattan Bank chief, were vice chairmen of the Iran...
...know what to do. Says a Commerce Department staffer in Washington: "We have hundreds of companies that are very worried about this. They keep phoning up and asking, 'How do we collect? What are we supposed to do?'" Complains an official for Levitt Industries, a New York builder that has contracted to build $220 million in low-income housing for Iranian government workers: "Our whole project is in a state of limbo. All we have is a lot of signed papers...
DIED. Pier Luigi Nervi, 87, Italian builder and architect famed for his graceful, dramatic structures of reinforced concrete; of a heart attack; in Rome. Originally trained in civil engineering, Nervi first began experimenting with concrete design when he constructed an all-concrete theater in Naples in 1927. He went on to create a strong, light blend of mortar and steel mesh called ferrocemento and, by casting major structural pieces at construction sites, managed to mold concrete into soaring, tilted buttresses and high, swooping ceilings. His finest buildings, critics agree, are the vast Exhibition Hall in Turin, Rome's sunburst...