Word: lumber
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Dates: during 1960-1969
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Since Hunt had distributed millions of tomato-sauce recipes printed on paper matchbooks, it seemed only natural to Simon to buy up the company that made the matches: Ohio Match. That led him into lumber investments, and at roughly the same time he logically acquired companies that could make his cans and bottles, lithograph his labels and use his tomatoes for catsup. His biggest merger came in 1960 with Wesson Oil & Snowdrift Co., and last year Simon took over W. P. Fuller. While studying rotogravure printing for Ohio Match, Simon got interested in McCall Corp., bought a 36% interest...
...views of their own Old Gentleman, so they refused the use of the receiving station at Pleumeur-Bodou, which alone serves all of Europe in Telstar communications. Britain's Goonhilly Down sending station kept the show alive for the U.S. and Canada, but it had to lumber back over the Atlantic...
When Steve left a year later, it was the end of his formal education. He shipped out on an oil tanker, worked in lumber camps, did a tour in the Marine Corps, worked as a sandalmaker, a delivery boy and as a carny huckster. "We were selling these ballpoint pens," he says, "and man, they were worth like 160 apiece. And we were sellin' them for a buck. It was a full scam...
...lawyers always on hand to interpret them. Snorted an exasperated Englishman: "In England, lawyers tend to be kept in their proper place as advisers." It may surprise U.S. businessmen, but foreign companies make few complaints about U.S. labor. In fact, Takuji Ohshimo, executive director of the Japanese-owned Alaska Lumber & Pulp Co., finds negotiating with U.S. unions a relief. "Their demands are strictly economic," he says. "This makes it very different from Japan, where labor disputes often get helplessly involved because of class-war cries and political hues...
...district for $1 a year, he borrowed $32,000 on his signature, bought some surplus Army barracks, and built a school annex housing a library, cafeteria and home economics classroom. While paying off the debt with proceeds from the cafeteria and athletic events concessions, Mallory borrowed again to buy lumber from an abandoned Army hospital, used it to construct a science and industrial arts building costing $11,000. Then in 1957, to solve the housing shortage that repels teachers from rural areas, Mallory again cannibalized the Army hospital and built a $72,000 "teacherage" with apartments renting for a maximum...