Word: corp
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Hydrogen Cooling. These apparent limitations dampened interest in further ramjet development work until late last year, when Marquardt Corp. scientists convincingly demonstrated a practical method of maintaining combustion in a supersonic flow of air. Using hydrogen, which has a low ignition temperature, burns rapidly and provides high thrust, they kept an experimental scramjet burning in air moving as fast as 7,000 m.p.h. By redesigning their engine's inlet to allow it to gulp air at supersonic speeds, they were also able to eliminate the excessive temperatures and pressures. And they proved that useful thrust could be produced...
...double its capacity, will hire 300 new workers. Corning Glass, the supplier of 90% of all the basic glass "bulbs" for color tubes, recently opened a third plant in Indiana to satisfy its customers' appeals for more tubes. Such producers of rare earth as Molybdenum Corp., American Potash & Chemical and Ronson, which supply the metallic elements europium and yttrium for the coatings that brighten color TV tubes, are rushing out orders at $1,000 per pound...
...surprisingly, the glow has spread to Wall Street. Shares in a formerly obscure company named National Video Corp. jumped from 97⅛ to 111½ in a single day after National announced it was doubling production of color TV tubes to 1,000,000 a year. Last week both Texas Instruments and Polaroid hit new highs on news that they were working together to produce a new, less expensive color tube-even though it may be years before the tube can be marketed. Even TV repairmen are acting bullish again. Reason: color sets are more complicated to keep in order...
...Once, two and two made three around here. Now it makes six." So says Gordon Grand Jr., the lean tax lawyer who runs giant Olin Mathieson Chemical Corp. (1965 sales forecast: $875 million). Strange though such arithmetic may seem, it makes sense at Olin. Like many another manufacturing mammoth, the company overreached itself in a scramble to diversify a few years ago, found its profits dwindling as its debts increased. Olin is still pretty diversified-its 4,500 products include antifreeze, shotguns, rocket fuel, electric toothbrushes and paper for Bibles-but it has learned how to make its money stretch...
Died. Frederick H. Rohr, 69, founder and chairman of Rohr Corp., leading U.S. aircraft subcontractor, a mechanic who built and installed all the metalwork on Lindbergh's Spirit of St. Louis, in 1940 formed a company that today grosses $128 million a year making parts for jet aircraft; following a stroke; in San Diego, Calif...