Word: krupp
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Dates: during 1950-1959
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...moving back into the international markets with cut-rate prices. On a contract to build 100 steam locomotives for India (to be paid for by the Foreign Operations Administration), the Japan Rolling Stock Exporter Association bid $81,470 each, 7% under the bid by Germany's Friedrich Krupp, less than half the $178,200 bid by Philadelphia's Baldwin-Lima-Hamilton locomotive works...
...Mexico Erhard discussed building a new steel mill for his hosts in Durango; newspapers reported that Alfred Krupp was on his way to the country to confer about new industrial plants. In Peru, Erhard helped inaugurate a new steel tubing mill equipped with German machinery. In Brazil, where a German steel tube plant is going up in Minas Gerais and a Volkswagen assembly plant is to be started in June, a $142 million trade treaty with Bonn provides that $50 million of German goods will be used this year in Brazilian undertakings...
Good Emil. His German air force training started with ill-fitting uniforms and clodhopper boots, loneliness, the desire to "bash [the NCO] over the head with a rifle butt," the eternally drummed-in theme: "You have got to be tough as Krupp's steel...
...Delhi last week, Indian government officials pored over plans for a $150 million steel mill. Both Britons and Americans had wanted to build it, but lost out in the bidding. The winner: a group headed by Germany's famed old munitions maker, Krupp. In the busy Brazilian cities of Rio and São Paulo, bars were crowded with German businessmen speaking painfully correct Portuguese, while not far away another huge steel plant was being built by Germans. In Mexico, University City bustled with preparations for Germany's first big Latin American trade exposition since...
Many of the oldtimers, e.g., Krupp and Ernst Leitz (Leica cameras), are also back in business. Some units of the old I.G. Farben chemical combine, broken up after the war, are bigger than ever. And while the old cartels have been officially banned, price-fixing and trade agreements still play an important part in the German economy. A strong movement is afoot to legalize cartels again, despite the opposition of Economics Minister Erhard and the evidence of how free competition rebuilt the country...