Word: herculeses
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¶Thiokol Chemical Corp., which started out in 1929 as a producer of synthetic rubber, is now No. 3 in the industry, specializing in solid-fuel rockets. By adding an oxidizing (i.e., oxygen containing) agent to its synthetic rubber compounds, Thiokor turned the rubber into a highly concentrated fuel, ideal...
Liquid v. Solid. Watching the figures soar, dozens of big companies are hurrying into the field to share the bonanza. General Electric, after a start in small rockets, is now producing the big (100,000-lb. thrust) first-stage rocket for the Vanguard earth satellite. Curtiss-Wright is producing small...
As for General Motors' Allison engine division and Westinghouse. which produced the first U.S.-designed turbojet, both have lost much ground. Though Allison leads the turboprop field and will produce the engines for Lockheed's C-130A Hercules transport and new Electra airliner, it has only a small...
Time was when a change in political administrations meant bad news for the status quo, as new people and new policies descended on the seats of government. But in these calm days of courtesy and bi-partisanship, the old Jacksonian gusto seems to have been eclipsed by the politics of...
¶Glen B. Miller, 62, moved up from vice president of Allied Chemical & Dye Corp., third largest U.S. chemical company in sales, to president, succeeding Fred J. Emmerich, who was made board chairman. Miller went to State University of Iowa as a chemistry student just before World War I, quit...