Word: itt
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Dates: during 1970-1979
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Optical Pollution. Fortunately, a few developers have tried to minimize their projects' ecological impact-a hard task. For one, ITT Levitt Development Corp., a subsidiary of the largest U.S. home-building company, is building "Palm Coast," the nation's biggest "new town." A gargantuan project, it will in 20 years plunk 750,000 people onto 100,000 acres of now uninhabited coast land near St. Augustine. Levitt spent nearly $1,000,000 on environment planning to achieve a community whose residents will live in virtually pollution-free neighborhoods connected by canals. Housing density will be 2.5 homes...
...nation's products. Powerful critics in and out of Government are bent on forcing tough reforms. The Federal Trade Commission in particular has been working inventively to root out deceptive ads. In a variety of actions it has challenged some advertising of giant companies including Coca-Cola, ITT, Continental Baking, Standard Oil of California, Du Pont, Mattel and MacDonald's hamburger chain. In response, ad agencies and their clients are now taking their most serious step yet toward self-regulation...
...trustees have put up for sale its blue-ribbon real estate holdings along a ten-block stretch of Madison, Vanderbilt, Park and Lexington avenues in midtown Manhattan. Up for bids is the land under 22 buildings, including the Waldorf-Astoria, the Pan Am Building and the corporate headquarters of ITT, Union Carbide, Manufacturers Hanover Trust Co., Bankers Trust Co. and the Chemical Bank. These companies have leased the buildings, in some cases well into the 21st century, but eventually the buyers of the land will get control of the buildings...
...last three weeks, our sales have doubled in just about all markets," adds Richard Wasserman, president of ITT Levitt Inc., the nation's largest home builder...
...government ownership) and has been slower than other copper companies to train Chileans for top jobs. Not far behind will be the Kennecott Copper Corp., with an $80 million interest in El Teniente, the world's largest underground copper mine; Cerro Corp., with $15 million in copper investments; and ITT, with $200 million or more in the Chilean telephone system, a cable company and two Santiago hotels. Others are the Dow Chemical Co., Ford Motor Co., General Motors Corp., the General Tire and Rubber Co. and North American Rockwell Corp. The pace of Allende's actions will also depend...