Word: competitors
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Dates: during 1960-1969
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Besides looming as a great new market almost as vast (pop. 170 million) as the U.S., the European Economic Community is already on its way to becoming a powerful competitor in international trade. Already, the Six do 24.5% of world trade. Last year U.S. firms poured a record $300 million into branch plants inside its walls, partly to get in on the ground floor of the European market itself, but also to get the benefit of the Community's advantages in competing for export markets elsewhere. Chief advantage is wage costs, which are less than a third...
Sikorsky barely beat its chief competitor, Boeing Airplane Co.'s Vertol Division, into the field. Vertol has converted its twin-turbine military helicopter into a civilian version called the Vertol 107, will begin turning out production models early next year. The 107 will seat 26-30 passengers, cruise at 150 m.p.h. New York Airways has already ordered...
Reading his newspaper one morning recently, Lawrence A. Harvey, 48, chairman of the West Coast's Harvey Aluminum Inc. noticed a story that a competitor was about to make a big sale of aluminum to a new customer. With only 2% of U.S. aluminum output, Lawrence Harvey has to scramble fast to compete against the giants. He grabbed his telephone, learned the contract had indeed been agreed upon, but was not yet signed. He summoned a family conference in the company's executive suite: Father Leo M. Harvey, 75, company president; Uncle Herbert Harvey, 65, engineering vice president...
Basil Kingsley Martin has been stirring such steam-heated passion since he became the Statesman's editor in 1931. He made it Britain's leading organ of dissent, with a circulation of 80,038-nearly twice that of its competitor, the Spectator (42,453). Now, after an uncharacteristically mild valedictory ("Thirty years at an office desk seems long enough"), Kingsley Martin, 63, is taking a new title-editorial director-and a new assignment as the Statesman's roving foreign correspondent. His chosen successor as editor: Assistant Editor John Freeman...
...checks in neat piles to be returned to the banks. ERMA also produces three daily records for the banks: a status report on the balance in each account, a journal of the most active accounts (noting large withdrawals that might indicate an account is being wooed away by a competitor) and a list of overdrafts, which it prudently refuses...