Word: copper
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Dates: during 1950-1959
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...Laminaçāo.ao Nacional de Matais grew into the largest non-ferrous rolling mill in South America, employing 20 times as many men and doing 40 times as much business as in his father's day. Soon Baby was making the army's machine guns, buying copper and bauxite mines, opening retail stores to sell the pots & pans his factories made. When friends brought him their planes to repair, he began building light aircraft...
When its top executive echelon was killed in an air crash in Canada last fall (TIME, Sept. 19), Kennecott Copper Corp., biggest U.S. copper producer, started scouting for replacements. Last week the directors reached outside the industry to pick a new president. He is Charles R. Cox, 58, president of Carnegie-Illinois Steel Corp., biggest steel-producing subsidiary of U.S. Steel Corp...