Word: corp
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Dates: during 1960-1969
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Vera List is the wife of Albert A. List, former chairman of the diversified Glen Alden Corp. (movie theaters, retailing, textiles), and she does not exactly have to work for a living. She feels that seeing good contemporary art is as necessary as "reading a newspaper, so you'll know what's going on in the world," and that posters are one way to keep the man in the street posted. Her program got under way in 1961, when the List family foundation made a grant of $200,000 to New York's Lincoln Center...
...world's largest Hovercraft, was introduced on regularly scheduled passenger runs across the English Channel between Dover and the French coastal city of Boulogne. The thrice daily round-trip crossings, which will be expanded to six starting this week, are of crucial importance to the British Hovercraft Corp., which builds the SR.N4. "Our necks are on the chopping block," admits Richard Stanton-Jones, managing director. "Potential buyers will be here watching and riding...
...Heavy Industries Ltd. and Buffalo-based Bell Aerosystems Co. Both companies manufacture their own ACV versions, also serve as British Hovercraft licensees. The fledgling industry's leader, British Hovercraft, was formed in 1966 by Westland Aircraft Ltd., Vickers-Armstrongs Ltd., and the government-run National Research and Development Corp., which together have pumped $48 million into the craft's development...
...million contract for construction of the dam has been awarded to an international consortium led by the Oppenheimer's huge Anglo American Corp. of South Africa. The group also includes Siemens and Telefunken of West Germany, Compagnie de Constructions Internationales of France, plus Swedish and South African firms.* Financing will be entirely through foreign credits and loans arranged by the consortium. Part of the money will be spent on a new seaport at Cuama, on the Indian Ocean at the mouth of the Zambezi, which will be capable of handling 40,000-ton freighters. More millions will go toward...
Soon this is going to change. After years of dawdling, the Labor government finally announced its plan to help set up a domestic aluminum industry. British Aluminium Co. .(partly owned by Reynolds Metals of the U.S.) and the British mining concern, Rio Tinto-Zinc Corp., received the go-ahead to build two smelting plants. They are expected to produce an annual 224,000 tons of ingots by 1971 and save $100 million a year on imports...