Word: ducommun
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Dates: during 1960-1969
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...Says President Ralph W. Rawson of Firth-Sterling Inc., a Pittsburgh manufacturer of steel for machine tools: "If the war were concluded tomorrow, I think we'd experience a 10% drop in business, but the backlog would be back where it now is within one year." Adds Charles Ducommun, president of Ducommun Inc., a Los Angeles metal supply firm: "A peace market would be a bull market, and most businessmen would happily adjust to it." Manufacturers commonly believe that they could quickly turn their war production lines around to serve the clamoring consumer demand, and to meet the expected...
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