Word: comeau
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Dates: during 1950-1959
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...quietly began buying Aluminium shares. Although the company came out of World War II wjth 3.7% of world aluminum production, timid sales policies had cut its share to .9%. But it had a reputation for quality, plus substantial assets and a promising moneymaker in its new smelter at Baie Comeau, Canada. Last April, apparently afraid that Reynolds or some other aggressive U.S. concern would buy control, Aluminium's chairman, Viscount Portal of Hungerford. got stockholder approval to boost the firm's shares from 9,000,000 to 13,500,000, sell the extra shares for expansion capital. Portal...
...power project, a $15 million, 90,000-h.p. hydroelectric plant on Quebec's north shore of the St. Lawrence. Built by the colonel's Manicouagan Power Co. and dominated by McCormick Dam, the plant will supply reserve power for McCormick's paper mill in nearby Baie Comeau...
...room last week, Premier Duplessis pressed a button to start a 45,000-h.p. generator. Nodding at it and the other big dynamo, he shouted to McCormick: "Do you think they produce more light than the Chicago Tribune?" The colonel chortled appreciatively. Later, at a banquet in the Manoir Comeau the Premier, himself a man who knows his own worth, told 215 guests: "We're somewhat alike, the colonel and I. We're both criticized, but we both do some good work...
William Cabot Martin '50 3G of Jaffrey, N.H., died suddenly at Baie Comeau, Canada on May 23, while working on his thesis...