Word: heckert
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Dates: during 1980-1989
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...disclosures have ignited a public spat between the Energy Department and Du Pont chairman Richard Heckert. He charges that DOE has inflated the Savannah River troubles so that Westinghouse Electric, which is scheduled to take over the plant's operation from Du Pont on April 1, will look better. Heckert also contends that DOE is promoting the furor to gain public support and congressional funding for a new tritium-producing reactor at the huge installation. It would cost at least $6 billion and take more than six years to build. "Despite all the hullabaloo," Heckert says of his company...
...money into dollars for investment in the U.S. That has pushed the value of the dollar up more than 50% since 1980 against an average often major currencies. As a result, American exports have become more expensive abroad, while foreign imports have grown cheaper in the U.S. Says Richard Heckert, vice chairman of DuPont, the oil and chemical company: "Business that was profitable in the 1970s is often unprofitable in the '80s, and the only thing that has changed is the dollar...