Word: buildering
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What makes the whole enterprise of traffic control particularly important is the tremendous U.S. aviation boom, which is constantly putting more and bigger planes aloft. That end of the busy sky is surveyed this week in a second major TIME story. Our cover article concerns Airplane Builder James Smith McDonnell, whose billion-dollar corporation, which is about to merge with Douglas, is doing its share to crowd the airways-and to venture into space beyond...
...Homer by Manhattan's Metropolitan Museum. And while the National Gallery refused to identify the private donors who had put up the sum, it was an open secret that the principal ones were the gallery's president, Multimillionaire Paul Mellon, son of the gallery's builder, and his sister Ailsa Mellon Bruce...
...week gave preliminary approval to American Can Co.'s plan for shifting its 1,300-employee international headquarters to a 141-acre tract by 1970. Olin Mathieson Chemical Corp. bought 60 acres in Stamford, Conn., for its chemical division, along with 700 white-collar workers. Uris Buildings Corp., builder of dozens of Manhattan's new glass-girt office towers, announced plans for a huge laboratory-office center in suburban Rockland (N.Y.) County in anticipation of further corporate moves from the city...
...skyline of Atlanta with their $50 million Peachtree Center of offices, a hotel and a trade mart. Dallas-based Cloyce K. Box, 43, onetime (1949-54) speedy end for the Detroit Lions professional football team, is chairman and chief executive of Manhattan's venerable George A. Fuller Co., builder of such landmarks as the new Metropolitan Opera, United Nations and Seagram buildings. Crow brought in the Rockefellers and negotiated for the San Francisco land; Box will build the complex-if the city approves Portman's plans...
Before then, Builder Zingone plans to head-quite literally-for the hills. Pitting pragmatism against civic pride, he is planning a residential center in the Tuscan highlands outside Florence on the theory that "after the floods last fall, Florentines would welcome a place to live safe up in the hills...