Word: libbey
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Dates: during 1950-1959
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...growing so acute (because of 200% jump in cut-rate imports since 1954) that prices of heavy sheet window glass and light picture-frame glass are being lowered 7% to 16%. Big companies, operating some plants at 50% to 75% capacity, are going along with cuts started by Libbey-Owens-Ford to match foreign prices, but complain that reductions are unrealistic because glass workers' wages will soon rise about 12? an hour...
...well above the previous peak of $93,525,000, set in 1953. Other record-setters: Sylvania Electric Products, with $9,556,210, 55% over last year; American Can, with $28,932,161, up 18%; Alcoa, with $55.779.754, 71% over 1954; Vanadium Corp., with $42,516,191, up 59%; Libbey-Owens-Ford, with...
Many years back, for example, when Manhattan's Carl Byoir took over the Libbey-Owens-Ford plate-glass account, he got architects to plug for more glass in houses, had a book written on glass, encouraged automen to stress the safety features of more visibility (and more glass). By increasing the overall use of glass, Byoir helped boost sales of his client...
ALLIED Chemical & Dye Corp., one of the biggest U.S. producers of heavy chemicals, will move into the plastics industry, which has been one of Allied's best customers. For about $10 million, it bought Libbey-Owens-Ford Glass Co.'s Plaskon Division, which supplies resins and other molding materials to fabricators...
...were the lowest of any year since 1946's marginal, reconversion-battered first quarter. Some of the typical casualties: General Motors' net off 10%, U.S. Steel's 10%, Du Font's 15%, Union Carbide & Carbon's 20%, U.S. Rubber's 30%, topped by Libbey-Owens-Ford...