Word: krupp
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Dates: during 1960-1969
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Dozens of top companies have had a hand in building the Nimba facilities. The U.S.'s Raymond International Inc. laid the 167-mile railroad from Nimba to Buchanan and built a seaport there from breakwater up. The Netherlands' Phillips installed an electronic rail-traffic control system; Krupp made the ore-handling equipment. Aided by a maze of conveyor belts and closed-circuit TV control panels, LAMCO can load ore into a ship in less than nine hours after it has been mined. At the foot of Mount Nimba has grown up Liberia's third largest community, where...
...Paper-Doll Stare. Offering a rare opportunity to see this uncommon art, the Villa Hugel-formerly the mam Krupp estate in Essen, Germany-has assembled an exhaustive exhibition of Coptic art from private collectors and museums: some 625 works ranging from the Hellenic antecedents, of 3rd century Alexandria, to 20th century examples from Nubia and Ethiopia...
...using Nazi slave labor in his factories, Flick once again heads Germany's biggest and most powerful industrial empire. He controls an interlocking maze of 156 companies in autos, steel, chemicals and paper whose annual sales total is more than $2 billion -nearly twice that of the Krupp empire. His personal wealth has been set by tax collectors at $400 million, which makes him Germany's wealthiest...
...Alfried Krupp met him through mutual friends in 1952. The austere and cultivated Krupp hit it off immediately with the gregarious and self-made Beitz, partly because Beitz thought Krupp wanted to borrow money from his insurance firm and was thus unawed by him. Krupp really was looking for someone to put back together his war-torn company, and offered Beitz virtually unlimited authority...
...with the Old. The old-style "Herr Doktors" who ran Krupp's decentralized empire openly resented the newcomer who had not gone beyond high school. Beitz got rid of them one by one, centralizing everything under his own strong control. Asked about gossip that he once gave a director only five minutes to clear out, Beitz smiles: "That shows how people exaggerate. I gave him 15 minutes...