Word: kodak
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...another corporation will have joined Reynolds Metals and the U.S. Government in competing with Alcoa. This must come as a blow to 0PM Economist Grenville Ross Holden, who has fought aluminum expansion plans (unless they were Alcoa's) all along the line. Young Holden, who left Eastman Kodak to handle aluminum and magnesium matters for OPM, admitted to the Truman Committee last month (TIME, May 26) that he had no special knowledge of aluminum, and also refused to give any good reason why expansion plans of Bohn Aluminum & Brass had been blocked...
...Optical glass made without silica (sand or quartz)-"almost as revolutionary," says Eastman Kodak Co., "as if someone had discovered how to make steel without iron." It is compounded of three rare metals: tantalum, tungsten, lanthanum...
...Eastman Kodak Co. broke its tradition of technically trained presidents last week, switched instead to a lawyer: young (49), handsome, Nebraska-born Thomas Jean Hargrave. As vice president and general counsel, Lawyer Hargrave has been known as a shrewd, steady, retiring executive who got along equally well with obscure employes and socialite friends. Rochester guessed two reasons for his promotion: 1) Eastman's new policy of pushing younger men to the top; 2) a decision by Eastman directors that - in times when war and Government were big factors in corporate affairs - a lawyer would do better than a technical...
...light beams, it discloses details (of germs, chemicals, etc.) 20 or more times finer than can be seen with optical microscopes (TIME, Oct. 28). Fortnight ago its beams cleared up another dark corner. In Rochester, tart, smart, British-born Charles Edward Kenneth Mees, head of research at Eastman Kodak Co., announced it had upset old notions of how silver is distributed in photographic films...
...individuals. The majority of the voting power in the average large corporation is in the hands of not much over 1% of the shareholders. But some of the biggest and best-known corporations are exceptions (i.e., widely held, without visible centralized control): A. T. & T., Anaconda, Bethlehem Steel, Eastman Kodak, General Electric, Goodyear, R. C. A., U. S. Steel, Pennsylvania Railroad...