Word: cementation
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When businessmen of a feather flock together, does a conspiracy automatically exist? In the recent past, the answer of the U.S. Supreme Court has seemed to be yes. In the cement industry's basing-point price case five years ago. the Federal Trade Commission ruled-and the Supreme Court agreed-that the "parallel business behavior" of the cement companies in issuing identical price lists for their products was ample evidence of illegal conspiracy to restrain trade. But last week, in a decision that might set a far-reaching precedent, the Supreme Court had a change of heart...
...mushroomed just beyond the capital's fig-shaped circumferential boulevard, and some of the well-chaperoned girls who used to promenade under the lights in the palace square now work in bright new textile mills. A $20 million, German-financed steel-tube plant is under construction, and five cement companies are moving in. Though smiling at comparisons with lordly Sao Paulo, Mineiros agree that their state's natural wealth (manganese, thorium, bauxite, eleven billion tons of iron) points logically to the development of heavy industry. For his part, Juscelino just wants to get on with the power...
...faithful looked with pride at the massive Mayan-style building, covered with cast panels of cement and Wasatch crushed rock, which overlooks the Pacific on the west and downtown Los Angeles on the east. When the temple is finished in the fall of 1955, the City of the Angels will have a new guardian-the Mormon's own Angel Moroni, in aluminum and gold leaf, sounding his trumpet from the templetop, 262 feet above the ground...
...machinery. Koehring Co. took one-fourth of the stock in the new company and a royalty of 5% on gross sales. In return, it gave its technical help, and undertook to train Japanese technicians in the U.S. Since then, the company has turned out $1,000,000 worth of cement-handling equipment, increased its backlog...
...help in these and other projects, the Japanese government has approved 293 technical-assistance agreements, 95% of them with American firms. But Koehring's is the first in the field of earth-moving and cement-handling machines. The Japanese business should eventually mean a sizable increase in the Koehring Co.'s sales, now running about $26 million a year...