Word: co
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Dates: during 1950-1959
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Almost as arresting as the nirvana caterpillar was a weird, 12-ft. high representation of the cell, basic unit of life, presented by Kalamazoo's Upjohn Co. Its shell was a fantastic latticework of clear plastic tubes. Inside were equally ingenious, sausage-shaped plastic gadgets representing mitochondria and fat globules. There was also a gaudy red nucleus, like a gang of tortured octopuses outdoing Laocoön's serpents, with centrosomes that made it look as though it had just landed from outer space...
...sales in the second ten days of June posted a 6.8% increase in daily rate over the first ten days, and last week's production was up 9.6%. Ford Motor Co. returned to full-scale production, while Chrysler Corp. scored a 13% production boost in June. Yet even as the wheels rolled a bit faster, the industry got set for the annual model changeover shutdown. Buick production was stopped last week for approximately six weeks; Chrysler will start shutting down late this month, Plymouth in early August and Ford in September...
...decline could be attributed to vacation shutdowns, but much of it was due to a general fall-off in orders as companies finished the buying spurt they put on in anticipation of a price rise this month. One small specialty producer, Pennsylvania's Alan Wood Steel Co., whose 800,000-ton annual production ranks it 23rd in the U.S., said it would boost prices an average $6 a ton, arguing that it could not absorb increased wage costs of 20? per hour on July...
...pickup is still too new to be apparent to all toolmakers. For the first five months of this year, Detroit's Cross Co. (automated assembly equipment) was 3% to 5% ahead of 1957, and the pace continued during June. Cleveland's National Acme Co. (automatic machine and threading tools) said that June orders were 50% over...
...good many toolmakers want to see more proof. Said an officer of the Atlantic Machine Tool Works serving the Hartford area: "Sure, the tool business in Connecticut is looking up. When you are flat on your back, where else can you look but up?" Pratt & Whitney Co.'s machine-tool plant at West Hartford says that employment is still off 25% from September. Not until general business improves will the tool business really...