Word: gulf
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Dates: during 1960-1969
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...pilot company as the first step toward establishing a $51 million aluminum works. The most hopeful investment field is in petrochemicals, where the government recently broke the long-held monopoly of state-owned Petrobras to attract more efficient private companies. Some ten corporations, including Jersey Standard, Gulf, and Phillips Petroleum, are now actively studying the investment possibilities. Brazil hopes that they will end up investing about $200 million each...
...features are a strikingly accurate delineation of Greenland in the upper left-hand corner and a representation of "Vinland" (the name Vikings from Iceland and Greenland in the 10th century gave a portion of the coast of North America). There, crudely drawn but unmistakable, are Hudson Bay and the Gulf of St. Lawrence...
...19th century America, nothing was more ordinary than the passenger pigeon, which numbered in the billions, and may have accounted for nearly 40% of the country's bird population. Each year they swept across the central and eastern U.S., from the Gulf Coast to Canada and back again in roaring migratory swarms that sometimes darkened the entire sky. They could fly for 20 hours on end with bursts of speed up to 90 miles an hour; yet it sometimes took three days for a flight to pass a given point...
...bang of a blown-out spark plug or the crunch of a bent fender makes the U.S. motorist fume, but it is music to Gulf & Western Industries, Inc. As a leader in the U.S.'s $7 billion-a-year market for auto parts, G. & W. lives on breakdowns and damage. It lives well: since 1958, it has multiplied its annual sales 22-fold to $175 million, acquired 57 companies that make products as diverse as guitars, jet-engine parts and survival equipment for spacemen. Last week, in its most ambitious diversification, G. & W. made a deal to merge with...
...start, he bought control in 1957 of a parts distributor in Houston and a small parts manufacturer in Grand Rapids, Mich., merged them to create Gulf & Western. Then he began acquiring young executives as rapidly as he bought up companies. He persuaded Houston's John Duncan, a coffee dealer whom he had met in the commodities trade, to sell out his personal holdings and invest $112,000 in G. & W. Next he induced David Judelson, a New Jersey machine-tool maker whom he had met on a vacation at Lake Champlain, N.Y., to put up another $50,000. Today...