Word: indios
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Dates: during 1960-1969
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...drilling -but in holding it. The new solution is a lake lining of seepage-proof polyethylene plastic only six millimeters thick (asphalt and clay break up under water after a time; cement is too expensive). The two top companies in the field, both in California, are Palco, Inc. of Indio and Kepner Plastics of Torrance. In a bulldozed lake basin, plastic is laid down in strips up to 40 ft. wide and 400 ft. long at the rate of about half an acre a day. The strips are sealed together (one company uses heat, the other mastic and tape...
...When Financier Floyd Odlum, longtime boss of Atlas Corp., retired last year at 68 to his Indio, Calif., ranch, the smart money bet that it would not last. Odlum, the argument ran, was constitutionally incapable of slowing down after 37 years of buying, revitalizing, and selling off such companies as Paramount Pictures, Hilton Hotels, Greyhound Corp., Bonwit Teller and Atlantic Refining. Last week, after 16 months of restless ease, Odlum proved the smart money right, swung back into action as chairman of Salt Lake City's Federal Resources Corp. Federal's assets are a paltry (for Odlum...