Word: comeback
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Dates: during 1980-1989
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...same stressful time, Detroit's automakers will be going through a major changing of the guard: all three companies are expected to get new chief executives in the space of two years. Late last week Ford Chairman Donald Petersen, 63, who helped engineer that company's heroic comeback, said he will turn over the posts of chairman and CEO on March 1 to Harold Poling, 64, a vice chairman...
Harvard almost makes it close late in the first half, but Myers' fumble near the goal line ends any thoughts for a Harvard comeback...
Seattle in fact has achieved a stunning comeback from the "Boeing bust" of the early 1970s, when the aircraft manufacturer slashed its work force from 105,000 to 38,000. Since the mid-1980s, the region's industries have diversified into computers, new fisheries and Pacific Rim trade. Unemployment has fallen to a 20-year low of 4.5%. Now business is so brisk at Boeing that not even a record-high work force of 110,000 is enough to meet production schedules. Last month 57,000 machinists went on strike at four Boeing plants, demanding a larger share of company...
Last week Xerox won recognition for its comeback when President Bush singled out the company's business products and systems division, which makes its copiers, as one of two winners of the 1989 Malcolm Baldrige National Quality Award. The awards, named for the Commerce Secretary who died in 1987, were , established by Congress to motivate U.S. companies. Given for the first time last year, they have already become a sought-after prize in corporate America. Collecting the other 1989 award: Milliken & Co., a leading textiles manufacturer based in Spartanburg, S.C. Bush, who has seized the quality banner to promote American...
Declaring that high quality in U.S. goods and services is a top national priority, the President maintained that companies like Xerox and Milliken are leading a comeback from the days when many American products were being shunned because of a well-deserved reputation for shoddiness. Said he: "No competitor gave them a tougher time than they gave themselves. Both of these manufacturing firms were well-established leaders in their markets, and yet both were being steadily squeezed out by the intensive foreign and domestic competition. And in the midst of this crisis, the men and women of these companies found...