Word: flourspar
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Finally, Dillon, chairman of Butler Manufacturing Company in Kansas City. Mo., whose Overseer term expires next June, sits on the board of New York-based Phelps Dodge Company Phelps Dodge, which manufactures rare metal products, owns a flourspar mine in the Western Transvaal which employs 185 people. It also own 44 percent of Black Mountain Mineral Development Company, which operates a lead and silver mine and employs 1500 people. That 44 percent stake produced $1.7 million for Phelps Dodge (out of 1984 revenues of $977.38 million), but company spokesman Richard W. Pendleton says Phelps Dodge plans to sell...
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