Word: construction
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Dates: during 1950-1959
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...Island's Newsday (for which it won the Pulitzer Prize); of chronic hepatitis; in Mineola, N.Y. A.F.L. Organizer De Koning bullied his way from Local 138 of the International Union of Operating Engineers into a prosperous, politically insured Nassau County kingdom, reputedly decided who could or could not construct a new housing development. Expanding in 1943 to catch some of Roosevelt Raceway's runaway revenue, he raked in kickbacks from nearly everybody, erected the Labor Lyceum, containing a meeting hall, restaurant and Long Island's biggest bar (where union members spent liberally to stay in his good...
NUCLEAR ELECTRICITY for rural co-ops will be slow in coming because of inflation. With costs zooming, American Machine & Foundry backed out of deal with AEC to construct reactor for proposed rural co-op at Elk River, Minn., and Foster Wheeler Corp. withdrew offer to supply reactor for another co-op at Grand Rapids...
...situation will in all probability get worse before it gets better. Detroit keeps upping its yearly production of cars, and it keeps making them bigger at the same time. And as the University undertakes to construct new buildings, the available parking space is reduced...
Confident that better days are coming, Allied Chemical, & Dye Corp. and Kennecott Copper Corp. are going ahead with joint plans to construct a $40 million titanium production plant. But most makers figure that the large civilian market will be slow to develop. Said one titanium maker last week: "Everyone is scrambling for new markets. I don't know where we will go from here...
...investments. City land is expensive, and an office building or luxury apartment offers better returns. Today's investor in a middle-income apartment building often clears only 4% after taxes, no more than he could make on a high-grade bond. When a builder does start out to construct a middle-income building, climbing costs of labor and materials often force him to end up charging monthly rentals beyond the reach of the middle-income family-up to $100 a room...