Word: corp
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Dates: during 1960-1969
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From either side of the Iron Curtain, men watch the start of the space age with a sort of supranational arrogance. The human species seems about to master the solar system. The contrary may be the truth. Last week Lockheed Aircraft Corp. announced that it has a team of scientists hard at work, hoping to find a way to foil invasions of the earth that may well start from space. The invaders most to be feared will not be little green Venusians riding in flying saucers or any of the other intelligent monsters imagined by science fictioneers. Less spectacular...
Mixed Bag. After the Durgapur job, Kuljian Corp. of India was on its way. Dutt, who works a 13-hour day, now has $153 million worth of contracts, has twice moved his offices into larger quarters. Unlike many Indian businessmen, who will hire only natives of their own state, Dutt has collected 50 crack engineers from Punjab, Bengal, Gujarat and Uttar Pradesh. Says he, in words that could have come from Harry Kuljian himself: "If you have the ability, Kuljian will...
Brooker may prove just what Ward needs. At least, he was trained in the right place: Sears, Roebuck & Co., where he rose to a vice-presidency for manufacturing before leaving in 1958 to head the Sears-affiliated Whirlpool Corp. But his appointment helped kill the enthusiasm of Sol Cantor, president of New York's discount-minded Interstate Department Stores, for a previously planned merger with Ward. Cantor and other Interstate brass were miffed when Ward's Chairman John Barr did not check the selection of Brooker with them...
...President J. Huber Wetenhall, 60, will become chief executive officer of New York's National Dairy Products Corp. (Kraft, Sealtest, Breakstone Foods), succeeding Chairman Edward E. Stewart, who retires next month. Reticent Huber Wetenhall moves in at a time when, except for the New York City milk strike, National Dairy is doing better than ever: sales for the first nine months hit a record $1.3 billion...
...Machines. Vending's technological revolution got its start right after World War II when Bert Mills Corp. of St. Charles, Ill., and Rudd-Melikian, Inc. of Hatboro, Pa., came out with hot coffee machines. Despite the unappetizing flavor of the first machine-served coffee-variations on Mississippi mud-it was an immediate success, and Rudd-Melikian Chairman K. Cyrus Melikian and President Lloyd Rudd are two more of vending's instant millionaires. It was coffee, too, that started Interstate's Wolff off seven years later when he got exclusive rights to the first machine to prepare coffee...