Word: cyanamid
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Industrial companies have also learned to contribute generously to the cost of building new sculptures. Les Levine, whose transparent Star Garden was shown at Manhattan's Modern Museum this spring (TIME, May 5), built his work with $2,000 worth of plastics and labor donated by American Cyanamid. Businessman Don Lippincott is the angel behind the North Haven plant where Broken Obelisk was fabricated, invested $100,000 in it so that sculptors could produce works for civic groups and industry. U.S. Steel supplies Lippincott with its new Cor-Ten steel, which weathers to a russet brown, at a generous...
...American Cyanamid...
...related fields, International Harvester and Bombay's Mahindra are building a tractor plant in India, and De Kalb (Ill.) Agricultural Association, Inc., is about to expand its Punjab seed farm. American Cyanamid is teaching livestock raising in Thailand, Venezuela and 18 other countries. Caterpillar Tractor this month began a land-development demonstration in which it will clear 250 acres of Costa Rican rain forest, build five miles of access roads for farms big enough (25 acres) to feed more than their own occupants...
Costs of Cooperation. Last week Monsanto Co. announced that it will raise $25 million in Europe through a new subsidiary that will offer debentures convertible into Monsanto stock-a form of financing that is familiar in the U.S. but a rarity abroad. Through another new subsidiary, American Cyanamid recently marketed $20 million worth of debentures in Europe. Gulf Oil floated a $25 million bond issue, Socony Mobil a $28 million issue, and U.S. Rubber a $14 million issue-all in Europe...
...drug companies have been taking eagerly to cosmetics. Bristol-Myers was one of the first to beautify itself by buying Clairol. Among recent mergers: Chas. Pfizer and Coty, American Cyanamid and Breck. Last week, in a reverse play that took both the drug and the cosmetics industries by surprise, Revlon, Inc., whose sales of more than $195 million in 1964 made it the second biggest U.S. cosmetics maker (after Avon Products), announced that it is buying a well-known U.S. drug company...