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Rising Sum. For the sixth straight year, the world's largest companies outside the U.S. were two giants under joint British-Dutch management: ROYAL DUTCH SHELL (sales: $5.6 billion) and UNILEVER, LTD. ($4 billion). But the biggest gains were scored by Japanese firms. Sales jumped an average 23% for the ten Japanese companies that made the top 100 in both 1960 and 1961. Three did outstandingly well: HITACHI, LTD., an electronics manufacturer, climbed from 17th place to eleventh in the standings, largely on the strength of rising demand in Japan for its telecommunications equipment; YAWATA IRON & STEEL advanced from...
...textiles, the company masterminds a web of subsidiaries, affiliates and joint ventures that extends all the way from Austria to Mexico, and now has 37 factories built or abuilding in eight countries. Last year its gross of $497 million put it neck and neck with Britain's Courtaulds, Ltd. for the No. 2 ranking in worldwide sales of artificial fibers...
Died. Lord Nelson of Stafford, 74, British engineer and industrialist, a middle-class merchant's son (born George Horatio Nelson, no kin to the naval hero) who won his peerage by taking over the Depression-stalled English Electric Co. Ltd. in 1933, building it into a giant combine (assets: $250 million) producing everything from the Canberra jet bomber to the smallest vacuum tubes; in Stafford...
...TREVIRANUS Chairman of the Board of Directors Supramar Ltd. Lucerne...
...sufferer in the venerable British trading firm of Jardine Matheson, whose three-year-old dyeing and finishing plant had been losing money steadily. Fortnight ago, using his own South China Textiles Co. as a base. Lee put together six smaller mills and the Jardine plant to form Textile Alliance Ltd. In tribute to Lee's managerial talents, proud Jardine became a junior partner in the new enterprise, gave C.C. the chief executive's chair. Says Lee, who is shooting to increase his exports to the Common Market: "The merger should increase our efficiency...