Word: firm
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Dates: during 1950-1959
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...Bethlehem Steel from contracting scrap-recovery operations at the Johnstown, Pa. plant to an outside firm, although the contractor's operations, using specialized machinery, were far more efficient than the recovery methods Bethlehem had been using...
Some kind of explanation was needed. Mamie made $25,000 a year as head bookkeeper at the big Detroit architectural engineering firm of Giffels & Vallet (now Giffels & Rossetti). But the Averills lived far beyond the $25,000-a-year scale, with a chauffeured Cadillac, lavish wardrobes, a $300,000 estate in rural Michigan, a home in Florida and a $100,000 hunting lodge in Canada, built to resemble a British castle...
...Toledo's Jeep-making Willys Motors surveyed the Brazilian market and with its distributors in Brazil organized Willys-Overland do Brasil, capitalized at $250,000, more than 50% from the U.S. mother firm, the rest from Brazilians. Now Willys do Brasil is South America's biggest carmaker (110,000 units scheduled for 1960), has a capitalization of $34 million, 55% owned by Brazilians, 35% by Willys of U.S., 10% by French investors. Half of its 6,000 Brazilian workers own shares, 95% of the Jeep parts are locally made, and Brazilians proudly call the product o Jipe Brasileiro...
...steel plant (annual capacity: 500,000 tons), U.S., Canadian, French and Israeli interests are partners with Brazilians in seven cement plants. In Argentina, Kaiser Industries, which makes 2,500 vehicles a month, is owned 51% by Argentine stockholders, 16% by the Argentine Air Force, 33% by the U.S. parent firm...
Warned by the Better Business Bureau, police forwarded photos of two Lass "Picassos" to Picasso himself, and the master labeled both fakes. Museum experts declared the older pictures largely student efforts, with signatures clumsily painted in. The Lasses stood firm under fire, protesting that an international art cartel was out to get them. But the brothers' own art tastes seemed confused. "Picasso," said Mark Lass, "is a mere cartoonist." But when he was asked how much he would take for one of his "Picassos," he answered: "I would not sell under half a million dollars. I would destroy instead...