Word: krupp
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Five leading West German industrialists left today on a six-week good will mission to Far Eastern countries. Tomorrow, Alfred Krupp, head of the vast Ruhr concern, departs for a tour of India, Pakistan, Thailand, and Egypt...
...KRUPP, Germany's famed wartime munitions-maker, is going back into armaments, this time to make aircraft. Krupp's partner: Designer Heinrich Focke of the wartime team of Focke-Wulf, which turned out the famed Fw-190 Nazi fighter...
Just four years ago, released from an American military prison, Alfried Krupp got back some 30 seized enterprises worth $90 million (about one-fourth of what Krupp once controlled), and was told he could produce only products of peace, e.g., locomotives, tractors, etc. Specifically barred from coal mining and steelmaking, Krupp decided to diversify, went to work to regain his old world markets and set up a new branch (Krupp Technik) to concentrate on industrial planning and construction abroad. The strategy succeeded. Among Krupp's current booming projects...
...subsidiary to build machinery to produce rayon and other synthetic textiles. Krupp has licensed patents owned by New York's Oscar Kohorn and Co., Ltd., will sell its textile machinery through a new Swiss corporation...
...High on Krupp's list of future prospects are other big, potential customers: the Iron Curtain countries. Said one Krupp executive: "We are very eager to make sales to Communist nations-within the framework of existing embargos...