Word: co
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Dates: during 1950-1959
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ROBOT BAG-FILLER for supermarkets is being tested by Kroger Co. to end bottlenecks at check-out counter. The ideai bag lies on side next to cashier, and conveyor belt slides groceries into bag. When full, bag pops upright, is ready to be carried away...
...uncrossable road. But on Oklahoma's new Will Rogers Turnpike, the drive-on stomachache will be eased , next month with a unique drive-under restaurant that spans the highway, allows motorists to enter from either side. Built for $1,400,000 near Vinita by Continental Oil Co., which has filling stations at both sides, the structure is many windowed so that customers can gaze at the fast driving below while dining above...
...fruits and vegetables rising from almost nothing in 1946 to $37 million in 1955, some $48 million last year. Much of the new industry is homegrown, but much more comes from foreign businessmen and mainland Italians who know a good thing when they see it. Italy's Montecatini Co. recently opened a big potash works near Syracuse employing 2,000 workers, is already building a second to tap newly discovered deposits 55 miles inland. French chemical, German beer and electric-power companies are also moving...
...Instead of the standard fifty-fifty split, Gulf gets 80% of all profits, has pumped $50 million into Sicilian oil development. The payoff: wells that will produce 1,650.000 tons of oil next year, some 15% of Italy's total needs. Last week British Petroleum and Standard Oil Co. (New Jersey) were also coming in beside Gulf...
...Robert B. Riss, 31, resigned as president of Riss & Co., third largest U.S. over-the-road truck line, was replaced by his father, Richard R. Riss, 54, who founded the family-owned corporation in 1930, got out of the presidency in 1950 to turn to other pursuits (real estate, cigar business, oil leases). University of Kansas-educated Bob Riss, who once said candidly, "It's much easier to climb the ladder of success if your father owns the ladder," took over the presidency at 23, decided to withdraw after his self-made, hard-driving father began stepping back...