Word: corp
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Dates: during 1960-1969
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...continued rise in the economy brought hope of an upturn for them. Although production in the first week of July is expected to be the lowest this year-about 50% of capacity-steelmakers still talk of a summer upturn. As Charles M. Beeghly, president of Jones & Laughlin Steel Corp., puts it: With the gross national product at more than a $500 billion annual rate, "something has to give. Either the steel industry will be called upon to support this activity level by increased production, or this record level will not be sustained. We believe it will be sustained...
...will be studied by McDonnell Aircraft Corp. under government contract. Vehicle, an enlarged ICBM nose cone with fins, directed by an inertial guidance system, would reenter the earth's atmosphere in glide, travel 75 miles above the earth for long distance until it gradually drops down to be recovered. If Pentagon approves study, device would be built in about two years at an estimated cost of $75-$100 million...
...compact in 1960 two weeks ahead of schedule. To mark the occasion, American Motors President George Romney, the small-car apostle who forced Detroit into the compact market, finally laid to rest rumors that had buzzed around Wall Street for three years: that American Motors would merge with Chrysler Corp. Romney feared that the persistent reports were damaging American Motors' future as well as the price of its stock, which is now about 30% below its 1959 high. Said he: "They are not only completely untrue but unfair to everyone who has a stake in our plans for continued...
...Association, representing more than 100 owners, dealers and distributors, voted not to buy, sell or use Japanese products. Miami's East Coast Dry Goods Co. canceled $250,000 worth of orders from Japan; a Miami firm sent back 800 Japanese radios in stock. Ohio's Independent Products Corp. canceled an order for 1,700 Japanese bicycles, and Oklahoma City's Bentley Wholesale Co. for 20,000 yards of Japanese carpet. In Yokohama the rubbermaking firm of Hodogaya laid off 288 of its 420 workers after 13 U.S. firms canceled orders for rubber slippers. Two U.S. associations...
...Japanese fears, few big U.S. manufacturers took up the cudgels against them. Ross Siragusa, president of Admiral Corp.-which imports no components from Japan, but competes with firms that do-called for a U.S. boycott of Japanese products "as a counter-demonstration to the cancellation of the Japanese government's invitation to President Eisenhower." He pointed out that Japan sold more than 5,000,000 transistor radios in the U.S. in 1959, charged that jobs have been lost as a result of Japanese imports. Recently, the Japanese government announced plans to limit the export of transistors...