Word: corp
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Dates: during 1960-1969
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...stood steadfast in a united front with General Motors and Chrysler, and U.A.W members worked without a contract for almost four months until Reuther finally agreed to none-too-favorable terms. This year, searching for a more promising target than Ford, Reuther focused on up-and-coming American Motors Corp., whose crusading President George Romney disagrees with the Big Three about everything from car design to collective bargaining...
Flinching at the jangle of his office phone, Ray Toland, president of Los Angeles' Nuclear Survival Corp. last week explained to a visitor his current sales policy. Said Toland: "I have to be blunt and ask, 'Are you serious or just inquiring?' I haven't got time any more to tell people what fallout is." As a result of the Berlin crisis, builders and salesmen of nuclear fallout shelters all across the U.S. last week found themselves with more business than they could handle...
...Suede-Shoe Problem. Many of the shelter sales are going to solidly established concerns such as Chicago's Wonder Building Corp., whose shelter division is headed by former U.S. Civil Defense Chief Leo A. Hoegh. Says Hoegh: "We, have already sold 5,000 shelters this year, and our volume must now be ten-to fifteenfold over a year ago." Wonder Building offers four all-steel models ranging from $395 to $995. With one plant already working around the clock, Wonder will open a second Chicago factory this week, is laying plans for others in Ontario and on the West...
Even in Japan, where manpower is so cheap that there is little incentive to economize on wages, automation is spreading. Tokyo's Kawasaki Steel Corp. is building an electronically controlled mill that will ultimately produce steel at prices competitive with U.S. mills-even though the Japanese must import almost all their coal and ore. Other Japanese companies turn out auto parts, cameras, transistors, television sets and chocolate bars on automated equipment. Manufacturing a two-cylinder motorcycle now costs Japan's booming Honda Motor Co. (TIME, Aug. 25) no more than it used to cost to make...
...HOME BUILDING: Akron's Alside Homes Corp. fortnight ago showed off a new line of all-aluminum houses, plans to produce them at the rate of 200 a day by December 1962. With aluminum curtain walls in 12-ft. sections, the Alside houses can be built to any size the buyer wants. Also featured: aluminum interior walls, ceilings, doors. Price for a fully equipped, seven-room, 1,512-sg.-ft. house...