Word: heinz
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...poor in the fullest sense," Volkswagenwerk's Heinz Nordhoff once remarked, "has certain compensations. It strips the soul clean." When he reluctantly took charge of Volkswagen's Wolfsburg plant in North Germany in 1948, Nordhoff and his company both had more than enough of such spiritual compensation...
What was going on at the Gens haberdashery shop? Every weekend for two years the Gens sons, Heinz, 26, and Josef, 23, carried construction materials into their shop near St. Severin's Gate in Cologne, Germany. Aided by friends, they carried out large quantities of earth. From the building came the sound of an internal-combustion engine. Exhaust vapor escaped through a pipe in the roof. Neighbors deduced that they were building a secret racing car; the Gens boys insisted that they were merely enlarging their basement. They were indeed digging-straight down. In the process, they were uncovering...
...cars by 5% to 10% within weeks. On the other hand, importers predicted that the cost of a bottle of Scotch will drop only a few pennies-after the Christmas holidays. Devaluation will shave the profits of some American-owned firms with large British operations. Food-packing H. J. Heinz, for one, figures on a 16?-a-share decrease in its earnings; yet altogether, predicted Heinz President R. Burt Gookin, devaluation will mean "no more than a ripple in the U.S. economy...
Into the Manhattan premiere of the film Camelot swept Socialite Drue Heinz, resplendent in her pink brocade Oscar de La Renta gown. Then another limousine and out stepped Socialite Jean Tailer, proudly wearing her pink brocade Oscar de La Renta gown. And then came Socialite (and super saleswoman for Bergdorf Goodman) Jo Hughes, equally chic in the identical Oscar de La Renta gown...
...Clapp, chairman, Weyerhaeuser Co.; Howard L. Clark, president, American Express; Russell R. De Young, chairman, Goodyear Tire & Rubber Co.; Floyd D. Hall, president, Eastern Airlines; Robert V. Hansberger, president, Boise Cascade; John D. Harper, president, Aluminum Co. of America; Earl B. Hathaway, president, Firestone Tire & Rubber Co.; H. J. Heinz II, chairman, H. J. Heinz Co.; Robert C. Hills, president, Freeport Sulphur Co.; Edward B. Hinman, president, International Paper Co.; Dr. Koji Kobayashi, president, Nippon Electric Co.; Rudolph A. Peterson, president, Bank of America; Frederik Jacques Philips, president, N. V. Philips' Gloeilampenfabrieken; David Rockefeller, president, Chase Manhattan Bank...