Word: fairless
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More than 3,200 families have already moved into partially built Levittown. They, and those who will follow them, are part of a fabulous industrial expansion in the Delaware Valley north of Philadelphia. Last week U.S. Steel's huge new Fairless Works poured its first iron (see BUSINESS & FINANCE). The furnaces and forges of Fairless are only 3 miles from the gardens and homes of Levittown...
Firing Up "Nancy dear," said U.S. Steel's Chairman Ben Fairless, "come on up here with Grandpappy and light your furnace." Before a crowd of 200 Big Steel officials, families and friends, Fairless' red-haired seven-year-old granddaughter touched an oil torch to a 6-ft. fuse, which began to sputter like a Fourth of July sparkler. Inside a giant blast furnace, the fuse ignited a stack of oil-soaked railroad ties, which in turn set fire to a charge of coke and started the furnace. A few minutes later, Nancy's sister Carol, 5, touched...
...brass drove out from Pittsburgh last week to the company's most famous plant, Homestead. It is the plant that Andrew Carnegie once owned, and it was the keystone of the great 1901 merger on which U.S. Steel was built. Now, half a century later, Chairman-President Ben Fairless and his aides came to witness another milestone: the pouring of Big Steel's one billionth ton of metal. Never before in world history had one company made as much; it was twice as much as all the mills in Russia had ever made. It was enough to build...
...Steel flexed its muscles, it also shifted its high command. At 62, Chairman and President Ben Fairless was ready to turn over some of his duties to a younger man: Executive Vice President Clifford Hood, 58. Hood has had a big hand in planning and building Big Steel's huge expansion, including the $400 million Fairless works (TIME, Nov. 12, 1951), the biggest steel complex ever built at one time. On Jan. 1, he will take over Big Steel's presidency, though Fairless will still be the chief executive officer, bossing policy while Hood bosses operations...
...TIME, Dec. 10). Between the time Miller made his first phone call to Wallace in April 1951 and the time the story ran, Digest editors had selected two of Miller's cover stories for reprinting - on Du Pont's Crawford Greenewalt and U.S. Steel's Benjamin Fairless. The Digest also reprinted Miller's article on human relations in industry (TIME, April 14), one of the most reprinted stories in TIME'S history...