Word: ince
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Dates: during 1960-1969
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...track builder for Western railroads. It undertook dozens of rail projects, notably a 725-mile stretch (with 45 tunnels) of Western Pacific line through the Sierra Nevada and the Feather River Canyon. In the 1930s, Utah started its all-out expansion. It became one of Six Companies, Inc., a consortium that also included Henry Kaiser and Morrison-Knudsen Co., which bid jointly on Hoover, Bonneville and many another mammoth engineering project in the booming West. The Six Companies have long since separated, but Utah is still heavily involved in construction. It currently has a $102 million backlog of orders ranging...
Neither team had easy going. On the second day out, as Caltech's Rippel approached Seligman, Ariz., he downshifted at 40 m.p.h. and heard a sickening crunch. Twenty-three hours passed before a new engine could be flown in from Michigan by sponsoring Electric Fuel Propulsion Inc. At Amarillo, Texas, an electronic nightmare of popping fuses and exploding diodes cost another four hours plus some added penalties for replacements...
...Tiger General Manager Campbell for a $65,000 raise?to an even $100,000. Yet despite the steady influx of cash, he continues to demonstrate his need for help by spending money as if it were going out of style. Just last month Denny was sued by Diners' Club Inc. and S. S. Kresge Co. for a total of $1,120 in long-overdue bills that he had simply forgotten. His business manager quickly settled the suits by sending off checks...
...companies with $1.4 billion a year in sales. Overextended and debt-laden, Riklis' empire almost collapsed five years ago. He rallied by selling off a big chunk of his complex to raise funds. Last week he climaxed his comeback by capturing his richest corporate prize yet: Schenley Industries, Inc...
...rebound principle apparently works in matters of business as well as affairs of the heart. Early this year, when cigarette-making Lorillard Corp. tried to merge with Schenley Industries, it was rebuffed in favor of the Glen Alden Corp. Meanwhile, Loew's Theaters Inc. was scorned when it attempted to merge with Commercial Credit Corp., which opted instead to merge with Control Data Corp. Last week the two losers got together on the rebound. In a complicated swap of Lorillard stock for that of Loew's (value of the exchange: at least $418 million), the two companies plan...