Word: lumber
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...million worth of such plastics as polyethylene, polystyrene and vinyl. Another $120 million will go to papermakers for cartons, paper dolls and business forms. Steelmen will get $60 million worth of business, textile spinners $50 million, and the remaining $40 million will be disbursed among producers of everything from lumber and zinc to musical movements and tiny electrical motors. In 1964 the makers of construction materials and machine tools will also reap big benefits from the toymakers. Planning big increases in their capital outlays, like most of U.S. business, the toymen in 1964 will spend $250 million to expand...
...Dividend" is the brain child of Eugenio Mendoza, 56, Venezuela's leading industrialist and philanthropist, who made a fortune in lumber, paper products, cement and construction (TIME, April 12). When Mendoza first suggested his Dividend idea several years ago, only a few businessmen warmed to it. But enthusiasm grew as far-leftist terrorists stepped up their attacks on business. "You either solve the problems of the masses," Mendoza warned, "or they solve them...
Lugging peasants and lumber hardly fits the usual picture of a Latin American military outfit. But with a lot of land to be settled-more than half of Colombia's territory is virtually uninhabited-and no foreign wars to fight, the Colombian government decided to put the air force to work by setting up Satena (for "Service to the National Territories"). The Colombian air force contributed the planes and the pilots, but Satena's other expenses had to be met from revenues. Charging one-fourth the fares of commercial lines, it still manages to stay in the black...
High Spy. Sharp-eyed aerial cameras, such as those that enabled the U-2 to chart thousands of square miles of the Soviet Union, have also moved into the realm of commerce. They spot diseased trees in a lumber company's forest, take a quick inventory of grapes while they are still on the vine, measure the size of a coal stockpile for a utility company and point to the best spot for a coal miner to dig in. The Southwest Research Institute in San Antonio even takes aerial-type shots of a steer, then analyzes the animal...
Born from the merger of three sleepy sawmill companies, Boise Cascade is now a diversified producer of paper, lumber and building materials, with mills, factories and retail stores in eight Western states. Its sales ($175 million in 1962) will rise above $200 million this year, despite intense competition, erratic prices and the overcapacity of the U.S. lumber industry. Last week, having completed negotiations, it was hoping for the Federal Trade Commission's approval to buy Crown Zellerbach's St. Helena Pulp & Paper Co. in Oregon. It is also looking for new properties in the South, has taken over...