Word: maker
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Dates: during 1960-1969
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...Pont's troubles center in the field it dominates: man-made fibers. As the leading U.S. maker of nylon, Dacron, Orion and several other synthetics, Du Pont depends on textile companies for a third of its sales volume. But the textile industry skidded into a sharp slump this year because of excess inventory, rising imports and falling prices. And that downturn caught chemical companies in the midst of a major expansion of fiber-making plants. One result is that the wholesale price of Dacron has dropped 40% in the past year. The problem, says Copeland, "can well be with...
...scrapbook nor a trophy room, cannot even remember where he stashed the gold medals he won in the 1952 and 1956 Olympic Games. Yet at 41, jut-jawed Bob Richards is as familiar a figure as most active athletes. Nobody could be happier about that than General Mills, Inc., maker of Wheaties, the breakfast yummy that Richards, one of the country's most successful single-product salesmen, enthusiastically pushes on television...
...made Richards its director, also began turning out "how-to" films on various sports. In addition, Wheaties has stepped up its sponsoring of major league baseball broadcasts. Wheaties' sales not only ended their decline, but have increased by 21% since 1958. For General Mills, the second biggest cereal maker (its other leading brand: Cheerios) behind Kellogg, that turnabout helped push annual earnings from $14.7 million to $23.3 million over the same period...
...charges. Half a dozen men were indicted by a grand jury on 21 counts of "conspiracy, manipulation and fraud" in jacking up the stock price of Chicago's Pentron Electronics Corp. during February, March and April of 1966. Estimates are that unwary investors who bought into the small maker of electrical equipment and railway hand brakes during that period may have lost as much...
...their production lines -as far as Hong Kong, South Korea and Japan. Now they have begun to look closer to home. Almost unnoticed, the dusty, teeming, and often decrepit towns just south of the 2,000-mile U.S.Mexican border are undergoing the quiet beginnings of what one U.S. textile maker says could be "a massive industrial program...