Word: heinz
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...Somewhat better than satisfactory," is the way that Ralph Burt Gookin, president of H. J. Heinz Co., describes the fiscal year that has just ended. Gookin, whom Chairman Henry J. Heinz II picked in 1966 to be the first non-Heinz ever to run the giant Pittsburgh packing company, has every right to be proud...
Sales for the fiscal year were up 6.3%, to $734,365,000. The total brought Gookin closer to his heart's desire of a billion-dollar 1972 sales year for Heinz. More significantly, earnings were up 17%, to $25,274,000; of that total, 43% came from the domestic side of Heinz's operation. Wall Street liked the flavor; Heinz stock that was selling in the 20s two years ago was up last week to almost...
...annual Hannover fair, Nixdorf's first-time display became a magnet for Germans interested in business machines; of the fairgoers who visited the Nixdorf booth, 780 were classified as "serious customers," and the company now anticipates at least 200 new sales as a result. Founder-Owner Heinz Nixdorf, 43, has also completed his first corporate takeover: he recently acquired the Cologne firm of Wanderer-Werke, a leading manufacturer of office equipment that had been selling Nixdorf computers under a Wanderer label...
...SELL OUT (Decca). The sellout, or the put-on, is the theme of this album-with a series of deadpan radio commercials for Charles Atlas, Heinz baked beans, Medac acne salve and Odorono deodorant. Once that's out of the way, the boys get down to music with their hard-rock top seller, I Can See for Miles; I Can't Reach You, a tightly vocalized rock piece with a brisk tambourine; and Armenia City in the Sky, a sprightly mind excursion with soft feedback and subtle imagery. Unfortunately, to get to these pleasantries, the listener...
Only Passion. Volkswagen's massive contribution to the postwar economic recovery that West Germans refer to as the Wirtschaftswunder was almost exclusively the work of Heinz Nordhoff, a courtly engineer whose only passion, he once said, was "to build cars, sell cars and build cars." The son of a Hildesheim banker, Nordhoff served long enough in World War I to be shot in both knees. In 1925, he took an engineering degree from the Polytechnic Academy in Berlin and began his career by designing aircraft engines in Munich. Joining Opel, General Motors' subsidiary, in 1929, Nordhoff worked...