Word: inc
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Dates: during 1960-1969
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Everywhere, people worked out ways to solve the problem, but in few places more ingeniously than among the men who handle one of Time Inc.'s newest processes. In the Photo Department-where type is set on film and assembled into pages with wax as an adhesive-the photocomposition men poured the warm wax into coffee tins and cups and then implanted pieces of string for wicks. Presto: candles! What will those men of advanced technology think of next...
...most companies, massive reorganization, a complete change of direction and a tough new boss at the top almost invariably mean that a lot of people lose their jobs. In the past year, At lanta's Scripto Inc., the world's third largest maker of writing instruments (1964 sales: $25 million), has under gone all three changes - without the firing of a single key executive. The man who did the trick is Scripto's new president, Carl N. Singer, 48, a ruddy-faced Bostonian who has revitalized once ailing Scripto since he went South in 1964. Last week...
...management and a reluctance to diversify were taking a heavy toll. Singer, who tried his hand briefly as a guard for a profession al basketball team after dropping out of William and Mary in 1936, had just completed four years as president of Chicago's mattress-making Sealy Inc., where he boosted annual sales from $56 million to $81 million. As he saw it, Scripto's problem was divided into two parts. First he concentrated on management, reshaped divisions, reshuffled executives, created several new high-level posts and took over personal responsibility for the company's marketing...
...explained by Bear: "For some time we have followed Russia's apparent desire to increase trade in nonstrategic goods with other countries. We thought the time was right to invite them to join manufacturers from more than 40 other countries who now use the advertising pages of Time Inc. publications to reach potential buyers in the 150 countries where we circulate...
...supplement legal-aid societies by setting up storefront "neighborhood law offices"-in effect, to send legal missionaries into low-income areas to educate the poor in how to assert their rights. In New Haven last year, for example, the Ford Foundation financed the prototype New Haven Legal Assistance Association Inc. Traditionalists raised a cry of "socialized law," warning, in the words of one lawyer, that "you cheapen the legal profession by putting it in a storefront and soliciting business." The county bar association voted its disapproval. But the state bar approved, and last May 1 (Law Day), the association opened...