Word: corpe
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Dates: during 1950-1959
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Slowly over the years, hard-working Malcolm White had lifted himself up from edge-of-hunger poverty to affluence. A longtime salesman, he started a small electric-wire factory in an abandoned schoolhouse 15 years ago, built it up into a prosperous firm, Chester Cable Corp., making wires, plastic cable sheathing, and lately, hula hoops. With 140 workers, Chester Cable was the biggest employer in Chester. N.Y. (pop. 1,200). 62 miles north of New York City. Grey and frail-looking, White. 48, lived with his wife and 16-month-old son in a handsome house with a fine view...
Veteran Test Pilot Robert M. Stanley of the Stanley Aviation Corp. (makers of airplane subassemblies) tackled the easy end of the problem: how to get the crew down to earth alive if their vehicle misbehaves on launching or while it is still in the atmosphere. The men will be in the nose of the ship, perched above a vast amount of explosive, corrosive, poisonous fuel. If the first-stage engines misfire, the crew will have to be shot away from the ship "with extreme promptness and at high velocity to a considerable distance." This means that the cabin must...
...year ago, Buick three times as many, and Plymouth is up 16%. But there are still not enough cars to meet demand and get a true picture of the market. Last week, to make matters worse, a five-day walkout of white-collar workers at Chrysler Corp. forced a 63% slash in output, and Rambler stopped production after the Budd plant at Gary, Ind., makers of Rambler underbodies, went on strike...
...nation's largest independent telephone company, General Telephone Corp. has been eclipsed by American Telephone & Telegraph Co. only because next to A. T. & T. any other corporation would look small. But General Telephone is a giant in its own right. Last week it planned to grow bigger. Its directors approved a deal, subject to stockholder approval on both sides, for General Telephone to take over Sylvania Electric Products Inc. on a share-for-share trade. The result: $1.5 billion in total assets, 76,000 employees...
...will dispense with some land lines and electromechanical switching equipment, take to radio and other electronic equipment. In April 1957 the companies reached the "getting to know you" stage when General Telephone President Donald C. Power, 58, went on Sylvania's board. In the merged General Telephone & Electronics Corp., Power will be chairman and chief executive officer; Sylvania's President Don G. Mitchell, 53, will be president...