Word: corpe
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Dates: during 1950-1959
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...Sales of finished mill products will edge up from last year's 5,100 tons to 6,000 or 7,000 tons this year, but will fall well below the 11,000 tons earlier predicted for 1957. Said the president of the No. 2 fabricator, Mallory-Sharon Titanium Corp.'s James A. Roemer: "There is no question that we will be capable of producing more titanium in 1957 than we will sell...
Seeking protection in a softening market, Mallory-Sharon announced a merger with National Distillers & Chemical Corp. to form the world's largest integrated producer of titanium and its lightweight cousin, zirconium. National Distillers will bring to the merger its new $24 million plant for titanium and zirconium sponge and a cushioning $22,650,000 Atomic Energy Commission contract for zirconium, which is used in reactors. More important, National has found a way to slash the sponges' high cost by using liquid sodium instead of magnesium in the reduction process. Together, the two companies hope to have enough resources...
...Titanium Inc., owned jointly by Remington Arms Co. and Crucible Steel Co. of America. The total is still small, but a few big contracts are beginning to roll in. Last week Freeport Sulphur Co. ordered about $500,000 worth of titanium tubing from Titanium Metals Corp. of America to carry a highly corrosive ore slurry at Freeport's new nickel and cobalt mine in Cuba...
Confident that better days are coming, Allied Chemical, & Dye Corp. and Kennecott Copper Corp. are going ahead with joint plans to construct a $40 million titanium production plant. But most makers figure that the large civilian market will be slow to develop. Said one titanium maker last week: "Everyone is scrambling for new markets. I don't know where we will go from here...
MILLIONAIRE DORIS DUKE will go into the garbage business. For $1,350,000, "world's richest girl" will buy control of Pittsburgh's ailing Organic Corp. of America, which is operating a new process to turn "garbage to gold" in Pennsylvania by converting it into a black, sandlike fertilizer...