Word: heinz
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...young Yaleman who recently entered executive training at Pittsburgh's H. J. Heinz Co. was typical in everything but his well-tested name: H. J. (for Henry John) Heinz III. The son, grandson and great-grandson of Heinz presidents, Jack Heinz, 27, may someday run the company-but that future is by no means assured. Widespread public ownership of companies that once were family-owned has ruled out most automatic successions, and the sons of corporate bosses have to work hard and compete with a lot of bright young men if they hope to win their fathers' posts...
...Henry J. Heinz II, board chairman, H. J. Heinz...
...month it will introduce a bus with "all the comforts of first-class air travel." The company is rushing work on a $75 million plant that will double Daimler's truck capacity. And Daimler-Benz General Director Walter Hitzinger, 56, met recently in Frankfurt with Volkswagen's Heinz Nordhoff to discuss an increase in the "cooperation" that began in October when VW paid $20 million to become the major partner in Daimler's Auto-Union subsidiary...
With Brillo, Heinz and Campbell Soup boxes piled to the ceiling. Warhol last spring turned the gallery into a supermarket. This season it looks more like a florist's. One hundred canvases, popping with big blossoms in every conceivable color, cover Castelli's walls. Through...
Kellogg and Quaker Oats have seized 73% of the growing market for breakfast cereals in Britain, Heinz 63% of that country's $70 million-a-year baked-bean market and 61% of its canned-soup bowl. Led by General Mills, National Biscuit and Pillsbury, U.S. companies now control half of the French biscuit business. A Carnation subsidiary produces 85% of all the evaporated milk sold in France, and Corn Products' Knorr soups have half the German market. In Germany, a Kraft Foods subsidiary sells a line of 100 products, including cheeses and complete packaged spaghetti or rice dinners...