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That philosophy will soon get its first major test. On April 20, contracts expire between the United Rubber Workers and Goodyear, Goodrich, Firestone and Uniroyal. U.R.W. President Peter Bommarito is demanding pay and fringe hikes averaging more than 8% annually over the next three years. Among other things, the 87,000 rubber workers want the right to retire on full pensions after 25 years of service, regardless of age, and payments to workers left jobless when plants relocate...

Author: /time Magazine | Title: INFLATION: The Lasting, Multiple Hassles of Topic A | 4/9/1973 | See Source »

...past two decades, private American investors have poured some $275 million into the Greek economy, dotting the landscape with factories bearing such names as Dow Chemical, Goodyear, Upjohn, Westinghouse. Lately, officers of Alcoa have been discussing construction of a $100 million aluminum plant...

Author: /time Magazine | Title: GREECE: An Unlikely Boom | 2/19/1973 | See Source »

...Insurance Co.; Tukas, a food canning firm; and a $3,000,000 cement plant. OYAK also holds 20% of the $50 million Petkim Petrochemical plant, scheduled to begin operations within three years, 8% of state-owned Turkish Petroleum and 7% of a $5.6 million tire factory owned mostly by Goodyear. Civilians operate the companies, but many key posts are held by former officers, often appointed by the top brass, who tightly control fund activities...

Author: /time Magazine | Title: TURKEY: The Army Conglomerate | 9/11/1972 | See Source »

...open a large new copper mine near Lubumbashi (the former Elisabethville), for instance, and to the northwest of Lubumbashi an international consortium has discovered what may be the world's richest bed of copper ore. In Kinshasa, formerly Leopoldville, four auto manufacturers are planning to open assembly plants, Goodyear has just completed a $16.8 million tire factory, a steel mill is under way, and an aluminum plant is in the planning stage...

Author: /time Magazine | Title: ZAIRE: The Matabiche Boom | 7/10/1972 | See Source »

...that profits are the necessary fuel for still further expansion of the economy and that until recently they have been low. But recent profit gains, some of them spectacular, are bound to lead to questioning of whether some earnings have been rising too fast lately. Companies as varied as Goodyear and IBM have just reported the highest earnings in their history; the first-quarter, after-tax profits of 669 U.S. companies averaged 12% above those of a year ago. It will be the difficult job of the Price Commission to determine whether to promote fast profit growth in order...

Author: /time Magazine | Title: PHASED: Scrutinizing Profits | 5/1/1972 | See Source »

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