Word: corp
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Dates: during 1960-1969
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...gimmick was that man can endure momentarily many more g. than he can for even a few seconds. Severe though the players' jolt was, it lasted only 5/1000 of a second. Sponsors of the experiment were engineers from the Stanley Aviation Corp., which is building the escape capsule for the Air Force's new mach 2 bomber, the B58 Hustler. In these capsules the pilot will be fired out of the plane by an explosive charge, will get another jolt when the capsule hits the outside air traveling at supersonic speeds...
...spring about identical bids for electric-power-generating equipment, the Justice Department has been investigating the pricing policies of the nation's major electric-equipment manufacturers. Last week, in a series of criminal antitrust indictments, a federal grand jury in Philadelphia charged that General Electric Co., Westinghouse Electric Corp., Allis-Chalmers Manufacturing Co., I-T-E Circuit Breaker Co. and Federal Pacific Electric Co. conspired to submit "noncompetitive, collusive and rigged bids" on private and government business valued at $209 million a year. The grand jury also indicted G.E., Westinghouse, I-T-E Circuit Breaker and nine other electrical...
Brunswick-Balke-Collender Co., which has diversified from bowling into school and sports equipment, has been looking for a boatbuilder. It lost out on Chris-Craft Corp., the nation's largest motorboat maker, to NAFI Corp., which is controlled by Wall Street's Shields & Co. (TIME, Feb. 15). After helping to close the Chris-Craft deal, famed Yachtsman Cornelius ("Corny") Shields Sr., a Shields & Co. partner, pondered a way to see Brunswick into the boat business. As a director of the Owens Yacht Co., the nation's No. 2 builder of pleasure crafts (1959 sales: $15.3 million...
...hard sell." Those who sell hard are doing fine despite price difference. American Chemical Paint Co. brings its 35 foreign distributors to the main plant near Philadelphia every two years for a refresher course on what makes its products good, what new ones are coming along. Consolidated Electrodynamics Corp., a precision instrument maker, set up a marketing and servicing subsidiary in Germany a year and a half ago, expects to expand the staff to 85 this year. Says Manager Harold Zander: "You can't sell this type of installation by catalogue. When we get an inquiry, we have...
...afford. Esther Williams would give her name to the pools, promote them, serve as titular president of the company, and get 5% of the gross. Pruess would run the company, provide the initial $50,000 capital and own the stock. Before the afternoon was over, the International Swimming Pool Corp. was launched...