Word: expand
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Dates: during 1950-1959
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With American industry, McGraw-Hill continued to expand, and sometimes a popular department in one magazine budded into a new magazine, e.g., when one of the departments in Chemical Engineering grew too big, it became Food Engineering. Under Jay McGraw, the company made its only attempt-with Science Illustrated-to step out of the trade into the general circulation field. It was a resounding flop. Between 1945-47, the new magazine lost upwards of $2,000,000. It was beginning to find itself, when Jay McGraw folded it to get ready for the postwar depression mistakenly predicted by his economists...
...biggest-spending utility company in the U.S. is California's Pacific Gas & Electric Co. Reason: it has to expand furiously to keep up with the gas and electricity needs of the fastest-growing state. Last week, in his annual report, P. G. & E.'s President James Byers Black told how fast the company has grown. Since the end of World War II, P. G. & E. has spent a phenomenal $385,000 a day on expansion. Last month, it spent its billionth postwar dollar-and is still far from finished. It will go on spending at the rate...
...cheap way to make newsprint from hardwood, a trick no other papermaker has been able to perform. Up till now, newsprint has been made from softwood. Great Northern, which owns 14% of Maine's land, including 800,000 acres of hardwood, plans to spend $32 million to expand and to install the new process, boosting its present newsprint production of 377,000 tons a year...
...past foreign correspondents, took title to a handsome five-story building in midtown Manhattan (39th Street east of Fifth Avenue), plans to open the club next fall as a memorial to the 65 U.S. correspondents killed on duty since the beginning of World War II. O.P.C. expects to expand its membership to let in newsmen other than foreign correspondents, and make the club's facilities available to virtually all the press...
...believe that government-sponsored housing projects and the climate a dynamic federal agency gives to local governments is a healthy thing, simply because there are fifteen million Americans living in homes judged sub-standard and more houses eroding each year. We do not expect the Administration to expand the program, simply because it is against its expressed philosophy of government. But, from the men who seemed sincere about "not turning back the clock," at least a sympathetic administration of the present program could be expected...