Word: know-how
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Never before has Caterpillar had so much tough competition to keep ahead of. General Motors acquired Euclid Road Machinery Co. in 1953 to apply its automobile know-how to road-building equipment, pioneered twin-engined crawlers and scrapers, quickly pushed itself into the big five among equipment manufacturers. Philadelphia's Baldwin-Lima-Hamilton, longtime locomotive manufacturer, switched to road-building equipment, this year expects its construction sales to top $70 million. Dozens of companies manufacturing everything from spinning machines to television towers are starting to make road-building equipment. Westinghouse Air Brake Co. bought the earth-moving division...
...opinion. In New Delhi Kishi outlined to Jawaharlal Nehru his own plan for a U.S.-financed billion-dollar Asian development program, listened in mild surprise when Nehru labeled the idea "American aid in disguise." In Rangoon Kishi impressed his Burmese hosts with Japan's desire to supply technical know-how to other Asian nations. Somewhere along the way he came down with a case of dysentery. (It may be pure coincidence, but the head of the presidential household in Burma was sacked after Kishi was served a fish course that had been too long out of the water...
...holes will tell whether Iran struck an isolated pocket of oil under extremely high pressure or whether Qum is one huge continuous field. If it is the field that Iranians-and some U.S. oilmen-believe it is, then it will take enormous amounts of cash and special know-how, more than the Iranians possess, to control the mighty gas pressures and extract the oil. In addition, a pipeline to get the oil to the Mediterranean coast would have to go over rugged mountains. Cost estimates for the pipeline alone run as high as half a billion dollars...
Several other values of our culture which Shahn claims can be harmful to art are "the idea of achievement without effort, and faith in know...
...frantic rush to catapult its horse-and-buggy economy into the 20th century, Spain for six years has gone on a Soviet-like factory-building spree. But planning was poor; there was often a lack of raw materials, modern machines and technical know-how to keep the showplace plants running at planned capacity. Power also is short. Spain depends on hydroelectric power for three-quarters of its supply, and last year's drought held output to a low 13.75 billion kwh. Faced with such bottlenecks, the Pegaso factories have turned out only 4,000 heavy-duty trucks since...