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...been audacious in research, now spends more than 5% of Pechiney's gross on research, higher than other European companies. The company has done so well that it sells many of its processes abroad to Alcoa and other U.S. firms, has sent engineers to five continents to help construct aluminum and chemical plants. Raoul de Vitry has led Pechiney back into chemicals in force; the firm has built up a whole new range of products-plastics, fertilizers, petrochemicals, synthetic fibers. Last year it raised its exports 50%, to 33% of total sales...

Author: /time Magazine | Title: BUSINESS ABROAD: Audacity & Measure | 3/14/1960 | See Source »

...tear it down to build a $12.5 million, 900-room, 600-car-garage addition to his Taft Hotel, making it one of the largest hotels (2,500 rooms) in New York. Zeckendorf, who, like other large realty operators, has had trouble rounding up all the financing needed to construct his 2,000-room Zeckendorf Hotel, is still negotiating the financing for his newest project.- But he argues that it is a sound risk because the Taft's annual occupancy rate is 95% of capacity. He is confident its parking facilities will attract tourists who would normally stay at motels...

Author: /time Magazine | Title: REAL ESTATE: Curtains for the Roxy | 2/29/1960 | See Source »

...counter the argument, Reynolds noted that the University would construct taxable facilities on the yards, in addition to the tax-exempt Houses...

Author: By Claude E. Welch jr., | Title: Legislature Holds Hearing On Bill to Sell MTA Yards | 1/29/1960 | See Source »

...University cannot obtain the Harvard Square MTA yards soon, it will be forced to construct two new Houses elsewhere in Cambridge, Edward Reynolds '15, Administrative vice-President, implied at a legislative hearing Wednesday...

Author: By Claude E. Welch jr., | Title: Legislature Holds Hearing On Bill to Sell MTA Yards | 1/29/1960 | See Source »

...less than an hour. What spurred it on was a voter outcry against the blight on the city's beauty caused by superhighways. The state legislature decided that the motorist must help pay for the new system, will nick him for $115 million in traffic tolls to construct a rapid-transit tube under San Francisco...

Author: /time Magazine | Title: MODERN LIVING: Those Rush-Hour Blues | 1/18/1960 | See Source »

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