Word: corpe
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Dates: during 1950-1959
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...miles upstream from New Orleans. William Zeckendorf's Webb & Knapp is break ing ground for $120 million townsite for 4,000 families, expects to finish first houses by July. Another $200 million will be invested in new plants there by Olin Revere Metals, Dow Chemical Co., Wyandotte Chemicals Corp., Kaiser Aluminum Corp...
Last week at Ravenswood, W. Va., the valley's biggest industrial project to date was going into production. Kaiser Aluminum & Chemical Corp., No. 3 U.S. producer, rolled the first light-gauge sheet aluminum at one of the world's biggest smelters and mills, a $230 million giant that it hopes will soon push Kaiser past Reynolds Metals into the industry's No. 2 spot. For Ravenswood, like dozens of other towns along the river, the future is now wide open...
Barely twelve months ago Olin Mathieson Chemical Corp. announced plans for a $120 million aluminum plant at Buckhill Bottom, 20 miles from Wheeling, W. Va.; soon afterward it joined forces with Revere Copper & Brass to boost the ante to $304 million. In quick succession the Pennsylvania Railroad spent $4,000,000 building twelve miles of spur track to the plant site, and M. A. Hanna Coal Co. started work on a big new mine to provide coal for Ohio Power Co.'s expanding plant at Cresap, W. Va., which in turn contracted to supply power for the new aluminum works...
...Ohio bends into West Virginia, the advantages of cheap power and good water, plus a vast underground block of salt 200 miles long and more than 100 ft. thick, have attracted scores of chemical companies: Columbia?Southern Chemical Corp., Koppers Co., Shea Chemical Corp., Union Carbide & Carbon Corp., Monsanto Chemical. Farther along, other companies are spending over $300 million to make everything from jet-engine parts to autos and electronic tubes...
When President Samuel Bronfman of Distillers Corp.-Seagrams started to look for a man to boss the Canadian company's U.S. subsidiary, Joseph E. Seagram & Sons (Seagram's, Calvert, Four Roses), he did not have to look far from home. Into the job last week went his party-loving son, Edgar Miles Bronfman, 27. As president of the nation's top distiller (1956 sales: $677 million), young Bronfman replaces Frank R. Schwengel, 71, who takes over the new office of chairman. Edgar's brother Charles Bronfman, 25, stays in Canada as vice president of another subsidiary...