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Word: laguna (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

April. The company's electronics division has not lived up to its billion-dollar promise. Two weeks ago, North American Rockwell put the division's brand-new, $23 million plant at Laguna Niguel, Calif., up for sale. Next day, J. Leland ("Lee") Atwood, North American's president for 22 years, stepped down. The vacancy will not be filled. Instead, Chairman Willard F. Rockwell Jr. will take over as chief executive officer and leave aerospace operations in the hands of Robert Anderson, who came from Chrysler as executive vice president two years...

Author: /time Magazine | Title: Business: Aerospace: End of the Gravy Years | 3/9/1970 | See Source »

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