Word: corp
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Dates: during 1960-1969
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...began lugging cameras and electronic gear around the rim of Russia to scout out Soviet radar defenses. As they fought their ill-equipped, cold-war intelligence battles, they counted their casualties from Siberia to Armenia. Some five years ago the Central Intelligence Agency asked California's Lockheed Aircraft Corp. to design an almost incredible plane. It must be capable of deep penetration of the Soviet land mass; it must be able to fly far above the possibility of interception-out on the fringes of space. And it must manage its lofty missions while burdened with a maximum of intricate...
...miles. Because it uses aluminum fuel tanks, wheels and other parts, the 51-ton M-60 is actually lighter than the M-48, although the engine and fuel system are heavier. The Army has 360 of the new tanks on order (from Chrysler Corp.), and the 1961 budget provides for an additional...
...come from the improvement in coin-handling devices. Unlike the bad old days in the '30s, today's vending machine is virtually slugproof, returns money if it is empty. The biggest maker of coin-handling devices is National Rejectors, Inc., a wholly owned subsidiary of Universal Match Corp., which is controlled by Frank J. Prince. When Prince took over in 1951, sales were $10.3 million. By acquiring vending companies, Prince brought Universal Match to the forefront of the industry with sales of $72 million, earnings of $3.01 per share...
Plant Restaurants. Most aggressive new entrant into vending-machine manufacturing is Chicago's Seeburg Corp., biggest U.S. jukebox manufacturer, which is run by 34-year-old Delbert W. Coleman (TIME, Oct. 27, 1958). Within the past 18 months, Seeburg has acquired four vending-machine makers (cigarettes, fresh brew and powdered coffee, soft drinks in bottles and in cups), added a fifth last week. Seeburg plans to bring out two new machines (milk and candy) in the near future to broaden its line. Coleman expects the company's sales to rise 15% to $26 million this year (35% from...
...explained that he had never worn the ring. A freckled, pipe-smoking songwriter named Orville Lunsford told how Clark's subsidiary firms worked. His record All American Boy got a fast ride to the No. 2 position in record sales-but only, he said, after the Mallard Pressing Corp.. one of Clark's interests, got an order to print 50,000 copies. "Almost immediately." said Lunsford. "I heard my song played every other day on Clark's show...