Word: ince
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Dates: during 1960-1969
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...bought after July 1. If replacements for some of the 80,000 vehicles used in their cities could be bought earlier, explained Louie Mariani, the predicted upturn in the economy might be nudged along. Jokesters soon gave Mayor Mariani's executive offices a new title: "Municipal Motors Sales Inc., Madman Mariani, Prop." But the joke was on them. Last week letters were pouring in to Mariani-and most of them carried promises to do what he asked...
...sudden falloff. British auto factories, after cutting back production and putting many workers on short time, are now approaching normal production again. Despite a 37% drop in sales to the U.S. last year, British automakers hope to regain a fatter share of the market. Says Rootes Motors, Inc.'s Managing Director John T. Panks: "It's nothing but bloody nonsense that the imported car is about to vanish from the U.S. market." To prove his case, Rootes sent to the show a new Humber Super-Snipe sedan designed especially...
...Sovereign Resources, Inc. plans to build a steel plant in Anderson County, Texas, to use low-grade East Basin ores and local lignite instead of the expensive metallurgical coking coal that a blast furnace needs...
Another plan that should be under way soon is a blue-sky dream of William Zeckendorf's Webb & Knapp Inc.-made practical by cheap power from Bonneville Dam and Stratmat's smelting process-to retrieve iron, copper and zinc from waste copper slag cast off by copper companies. A Webb & Knapp subsidiary, in which Stratmat is to have a minority interest, plans to build a mill in Montana and buy slag from Anaconda Co. at 25? a ton. The slag heap contains iron, copper and zinc ores worth an estimated $1.4 billion. Zeckendorf even hopes to sell...
...were a long time making a go of it. Udd poured at least $3,000,000 of his own money into Stratmat. Then, in 1957, the prestigious Koppers Co., Inc., which designs and builds steel mills, saw the possibilities and added its money to the development, in return for stock and the right to engineer and design plants using the Udy process. Shortly afterward, Frank W. Chambers, 52, a one-time Koppers executive and director of engineering at Kennecott Copper, took over as Stratmat president and set to work to make the process a commercial success...