Word: fiberizers
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...next good thing that happened to Pennel was that he broke his favorite fiber glass pole during practice last March. At that point, he was an unknown; the highest he had ever vaulted was a middling 15 ft. 9 in. But on March 23, using a seemingly identical fiber glass pole that he borrowed from a rival vaulter (Rice University's Fred Hansen), Pennel soared 16 ft. 3 in. and broke the world record. He is still using that pole. Last week, at the U.S. v. Great Britain track meet in London, Pennel cleared the crossbar...
...practitioner of the hold-on-for-dear-life, catapult-like technique of vaulting with fiber glass, Pennel used a long, 154-ft. approach "for speed," a high grip on the pole "for a bigger bend." He is aiming now for a 17-ft. vault and a gold medal in the 1964 Olympics. "I don't want to sound overconfident," he says, "but I think 17 ft. is within my reach." One little difficulty may interfere: after last week's meet Pennel noticed a crack in his borrowed pole. "I'm not going to worry," he shrugs...
...last month in Compton, Calif., he still insisted that there must be better vaulters around. "If I can go 16 ft. 8 in. doing everything wrong," he said, "there's bound to be somebody else who can go 17 ft. 6 in. It's all in the fiber-glass pole." Like most top vaulters of the fiberglass pole era, Sternberg was as much a gymnast as a trackman. He worked out regularly on a trampoline to improve his balance and body control, was rated one of the ten best trampoline men in the country. One day last week...
...roughest takeover battle in British history, the ancient and slightly moribund textile-making firm of Courtaulds, Ltd. barely held off giant Imperial Chemical Industries Ltd. last year by promising to mend its ways. The world's second biggest synthetic fiber manufacturer (after Du Pont), Courtaulds pledged an end to the secretive, damn-the-investor attitude prevailing since the firm was founded 147 years ago by Huguenot refugees named Courtauld. It also predicted that fiscal 1963 would bring a 30% rise in pre-tax earnings to $65 million...
...inside towering U.S. tariff barriers, West Germany's Minox has started to assemble its cameras on Long Island, and Italy's Montecatini chemical complex has put $20 million into a plant in West Virginia to produce its new Merkalon synthetic fiber. (The U.S. Government welcomes Montecatini's settling in West Virginia, and the decision of Japan's Sekisui Chemical Co. to build a factory to make polystyrene foam in Hazelton. Pa., because they bring jobs to areas of chronic unemployment.) The French aluminum producer Pechiney bought control of New York's Howe Sound to gain...