Word: chrysler
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Dates: during 1970-1979
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Foreign companies have been enticed into Spain by low taxes, cheap credit and guarantees that they could repatriate capital and profits; as a result, Chrysler, Fiat, ITT, Firestone, British Leyland and 3M Co. are among those that have invested heavily. In return, the foreign-owned companies have trained Spanish managers; for the first time the country has the beginnings of an entrepreneurial class. As a newcomer to industrialization, Spain also has benefited from up-to-date plant and equipment, giving it a competitive edge on countries like Britain that industrialized long...
...paper industries totted up some of the largest rises. For the economy as a whole, earnings after taxes were running at an estimated annual rate of $55 billion, an increase of $3.5 billion over the second-quarter pace. Profit increases at some companies were nothing short of spectacular. Chrysler Corp. quintupled its earnings, to $31.9 million, its biggest third-quarter jump in twelve years; St. Regis Paper Co. profits were up 153%, to $10.6 million; and National Steel Corp.'s grew 272%, to $15.2 million. Other big corporations showing earnings advances of more than 20%: International Paper, Eastman Kodak...
...change is under way in the Swedish auto industry. Volvo and Saab are taking a number of operations off the assembly line. Some brakes and other sub-assemblies are put together by teams of workers; each performs several operations instead of a single repetitive task. In the U.S., Chrysler has used the work team to set up a conventional engine-assembly line; two foremen were given complete freedom to design the line, hand-pick team members and use whatever tools and equipment they wanted...
...workers see the end product of their efforts. Chrysler has sent employees from supply plants to assembly plants so they can see where their parts fit into the finished product. The company has also put assembly-line workers into inspection jobs for one-week stints. Said one welder: "I see metal damage, missing welds and framing fits that I never would have noticed before...
Petula, 1968: the sponsors, Chrysler Motor Corp., try unsuccessfully to quash a shocking sequence in this Petula Clark special. In the sequence, Petula's white hand rests momentarily on the black arm of Guest Star Harry Belafonte...