Word: lumbers
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...year was 1962. America was weathering its worst session since the Great Depression. Unemployment soared; interest rates fluctuated in the high double digits. The beleagured construction industry mailed piles of useless lumber to Federal Reserve headquarters in Washington, and Capitol Hill clamored for the Fed chief's hide...
...didn't make my bed in all my years of college, and I never dusted, or swept a rug," says Downes, retired from a lumber company which bears his name. "We lived so well, it's incredible...
...aerospace and engineering company. The deal is valued at between $4.5 billion and $5 billion. The new company, Allied Signal, will have annual revenues of more than $16 billion. Hennessy, 57, a former Roman Catholic seminarian in the Holy Cross congregation and the son of a West Roxbury, Mass., lumber salesman, will run what will be the 16th-largest U.S. industrial company. Shumway will be vice chairman of the new company. Dingman will be named president and in 1990 will succeed Hennessy as chief executive...
John W. Blodgett '23, retired Michigan lumber company' executive and multimillion-dollar donor of, among other things, Blodgett Pool: "Oh, I don't know. I've always been a Harvard man, and when they needed funds and I've had some. I've given them...
...second term. But in September, Tacoma-area County Executive Booth Gardner, 48, came out of nowhere not only to win the Democratic nomination in the state's open primary but also to attract enough crossover Republican votes to embarrass the Governor. Gardner, heir to a Weyerhaeuser lumber fortune, styles himself a "citizen politician." He traveled through the state like a breath of fresh Cascades air, accusing Spellman of creating buck-passing commissions to deal with fiscal problems. Spellman fought back by claiming that Gardner was a "shill of labor." The charge backfired when the Teamsters withdrew their endorsement...