Word: contractor
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Dates: during 1950-1959
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Jackson teamed up with Ellison Mills, a Dallas drilling contractor, got $60,000 from Wise County landowners willing to take a chance. The first well came in with an estimated reserve of more than 5 billion cu. ft. of gas, worth about $500,000. But since the drillers had no customer for the gas, banks refused to lend money to drill the other two wells. Lone Star Gas, which also had gas wells in Wise County, offered to buy the well for a mere $15,000, which Jackson refused. Discouraged, he went back to his consulting work as a geologist...
...more than ever to handle the increasingly big contracts he had taken on, e.g., construction of a $120 million, 1,036-ft. Forrestal-type supercarrier, and a $92 million Priest Rapids Dam with its 631,000-kw. power plant, one of the largest awards ever made to a single contractor...
...order and a pat on the back. Where most U.S. planemakers just build the air frame, then fit on whatever armament, radar, etc. that the Air Force orders, Convair's B58 is the first U.S. aircraft to be built under the new "weapons-system" concept, where the prime contractor is responsible for everything (except engines). On a plane as complex as the Hustler, the new system can save as much as three years in development time...
...serious attack of shingles, and had to withdraw from the race (TIME, Aug. 27). Gathered last week to select a new candidate, the Democratic State Central Committee turned aside a bid by Tydings' wife Eleanor, 52, and chose the man her husband had defeated in the primary-Pavement Contractor Mahoney...
What happens when a contractor persists in handling Kohler was shown a fortnight ago in Kenosha, Wis., a labor stronghold. Construction of St. Mark's Catholic parochial school there was held up for two days by pickets until the contractor, N. A. Thomas of Racine, trucked away 34 pieces of Kohler plumbing worth $3,500. In some areas even state and municipal governments have hopped on the boycott bandwagon. The Massachusetts Legislature and Boston's City Council condemned purchases from Kohler. So have the councils of Bridgeport, Waterbury, and Ansonia, Conn., and Lincoln Park, Mich...