Word: kama
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Dates: during 1970-1979
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...coming out considerably ahead on the balance of payments. Commerce Secretary Peter G. Peterson, who signed the agreement with Soviet Trade Minister Nikolai S. Patolichev, said that the Russians are expected shortly to order $60 million worth of earth-moving equipment for excavation of their huge new Kama River truck factory. At week's end, as if to signify that such business deals were already becoming routine, the Soviets signed a $68 million order for pipelaying equipment with Caterpillar Tractor...
...million. U.S. firms, the names of which the partners refuse to disclose, would supply technology for the undertakings. Last week Stowell was in Moscow, trying to arrange the sale of U.S. petroleum-testing equipment to the Soviets and the construction of a bearing plant at the Kama River truck factory. "We feel that we are in a good position to learn about which of the five-year projects in Eastern Europe has reached an economic or political bottleneck," says Johnson. "At that stage, we take the problem to U.S. firms...
...Chicago-based company will be entitled to hire Soviet staff members and keep three U.S. employees in Moscow. Pullman has sold designs for five ammonia plants to the Soviets, and last December its Swindell-Dressier division won a $10 million contract to design the foundry of the huge new Kama River truck plant in the Tatar Republic. Says President Samuel B. Casey: "We expect to do a lot more business here...
...prospect of dealing with powerful American corporations. Moscow is especially keen to buy U.S. oil-drilling and refining processes, chemical plants, automated machine tools, food-packing equipment, and road-building machinery. The Kremlin would like-and will probably get-help from American firms in setting up the long-delayed Kama heavy truck factory. Pittsburgh's Swindell-Dressier Co. has won a $10 million contract for designing the arc furnaces for the plant...
...mining and oil-drilling equipment to the Russians in return for $60 million worth of Soviet nonferrous metals. Two weeks earlier, the Commerce Department had approved export licenses for American firms to ship $528 million worth of heavy equipment intended for the Soviet Union's new Kama River truck factory. Meanwhile, the Nixon Administration announced the sale of $130 million worth of corn and other cattle "feed to the Russians...