Word: corpe
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...bicycle companies need to measure the size of an aircraft door when designing a new model. But Montague Corp., based in Cambridge, Mass., did exactly that when the Pentagon said it needed a lightweight, foldable bike that special-operations forces could carry as they jumped out of airplanes into enemy territory. In 1999 Montague came up with the Paratrooper, which has a hardened aluminum frame and wheels, and beefy pedals. It weighs only 29 lbs. and can fold in less than a minute to a manageable size (3 ft. by 3 ft. by 1 ft.). The market for parachutists' cycles...
...great success in selling low-cost automaking tools worldwide, says Jay Baron, president of the Center for Automotive Research; marketing assembled cars is the next logical step. A common Chinese auto strategy has been to join forces with foreign firms to develop the home market. The Shanghai Automotive Industry Corp. has partnered with GM, and DaimlerChrysler AG is raising its stake in a venture with Beijing Automotive Industry Corp. to 50%, up from 42%. The converse is happening as Chinese makers aim for the 16.9 million-- vehicle U.S. market. The first player may be Chery, based in Wuhu City, which...
Rolando Hortaleza BEAUTY KING He used his wedding-gift cash to start his cosmetics company in a garage 20 years ago, and he had to bribe Manila's sidewalk vendors to sell his products, but since then, Hortaleza, CEO of Splash Corp., has cleaned up well. His firm's revenues have jumped 66%, to $90 million, over the past two years, and Splash now exports face cleansers and skin toners to more than 15 countries across Asia and the Middle East. A medical-school graduate, Hortaleza, 45, is returning to his health roots: Splash has joined the booming market...
...those grinding away at FEMA's National Response Coordination Center located in a sad annex behind a southwest Washington Holiday Inn. "The size of it is daunting. The speed with which it needs to be delivered is very difficult," says Bob Spaulding, project manager for Fluor Corp., one of the companies awarded $100 million to help provide temporary housing to nearly 1 million people in the region. To help quicken the pace of rebuilding, the government has relaxed some of its normal rules, guaranteeing contractors a certain profit regardless of what they spend, allowing many contracts to be signed without...
...what should the patient bargain hunter be buying in Asia today? Wadhwaney suggests looking at out-of-favor Japanese stocks like Asatsu-DK Inc., an advertising agency that's "extremely cash rich," well positioned in an industry that's ripe for consolidation and "very cheap." He also likes Nichicon Corp., a producer of aluminum capacitors--ubiquitous components in electronic products. It's an acutely cyclical industry that's deeply depressed, but Nichicon--like every other company whose stock Wadhwaney owns--is so well capitalized that Wadhwaney believes it will undoubtedly survive the downturn...