Word: largest
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Dates: during 1960-1969
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...years; of pancreatitis; in Manhattan. When his cousin Bernard F. Gimbel merged with Horace Saks in 1924, Adam Gimbel took over the Fifth Avenue store and opted for opulence and expansion, opening 29 more branches across the U.S. until today Saks Fifth Avenue is the nation's largest specialty chain, accounting for 40% of Gimbel Brothers' $600 million annual sales...
General Motors, the acknowledged pacesetter in auto prices, announced the largest increases in more than a decade. The window-sticker price of the average G.M. car will go up 3.9%, from $3,070 on 1969 models to $3,189 on the 1970 line. The company called the rise "modest" in view of much larger increases in the cost of labor and many materials. G.M. said that $38 of the $119 rise was for improved equipment, such as glass-fiber-reinforced tires, larger engines and disk brakes...
That was 13 years ago. Then the town's elders decided to fight the out-migration by bringing industry to Forest City. Today Winnebago Industries, the company a town created, has become the largest manufacturer of recreational vehicles in the U.S. Last month Winnebago, which is named for the surrounding county, placed a $30 million order with the Dodge Truck Division for chassis and engines to build $120 million worth of motor homes -self-propelled dwellings that combine the mobility of a car with some of the comforts of home. Such vehicles have grown increasingly popular among affluent...
...rigid organization. Barzini's theory is especially borne out among old-guard Italian financiers. To preserve their power - and the value of their investments - they arrange for their firms to control one another through a cozy network of holding companies. Chemical-making Montecatini Edison, Italy's largest private industrial corporation, was long the leading shareholder in both Italpi and Sade-Finanziaria, holding companies that, as it happens, control Montecatini Edison. Italmobiliare is 100% owned by Italcementi, an important shareholder in Bastogi, which in turn owns more than 10% of Italcementi...
...private sector, a group of businessmen led by Cesare Merzagora, former president of the Italian Senate and now head of Assicurazioni Generali, the country's largest insurance firm, challenged Bastogi, a big holding company in which Assicurazioni owns a major interest. Decrying Italian financial companies as "a group of hens nesting on rocks," Merzagora's group demanded that Bastogi try to stimulate private investment rather than keep its capital in the serenity of real estate holdings. Another group, headed by Insurance Executive Ettore Lolli, joined with Tiremaker Leopoldo Pirelli to oust the conservative management of La Centrale...