Word: maker
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Dates: during 1980-1989
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...newspapers," says Strauss, a hotel night auditor from Waltham, Mass. But he got no takers, even at 40% off the $1,399 list price. Fifteen months after its arrival on the market, the PCjr had joined the ranks of the computer "orphans." Because it was forsaken by its maker, its owner was likely to face ever dwindling supplies of parts, programs and peripheral devices...
...against General Electric and United Technologies show, the charges against General Dynamics are not unique. But the company's pattern of problems indicates that those plaguing the entire industry are more complex and deep rooted--and far more important to solve--than an occasionally overpriced toilet seat or coffee maker...
...past two decades, Victor Posner, 66, the Miami Beach financier, has corralled major stakes in more than 40 companies, including control of Atlanta-based Royal Crown, the soft-drink maker, and a 37% interest in Chicago's National Can. Last week, though, key parts of Posner's billion- dollar empire were staggering. Evans Products (1984 sales: more than $1 billion), a Posner-controlled company that sells building materials and railroad cars, filed a bankruptcy petition in Miami. Posner's Sharon Steel seems shaky; it is more than two weeks late with a $23 million payment on its $330 million debt...
...ever to encourage American firms to do business in their country. Last week the Japan External Trade Organization was host to a four-day fair for products of 250 small and medium-size U.S. exhibitors. Among them: Montana Log Homes of Kalispell, Mont., and AmLab International, a New Jersey maker of pharmaceuticals...
...Reynolds, the second-largest U.S. cigarette maker, is another frustrat- ed American manufacturer. Japanese policies leave just a minuscule 2% of the country's $11.5 billion tobacco market to foreigners. Says Peter Hoult, Reynolds' vice president of marketing: "Some of the government controls are like a land mine. You never know where they'll show up." Not only do the Japanese slap taxes on imported cigarettes to boost some of their prices 40% above Japanese brands, but they have also laid down a phalanx of other barriers. It was not until 1981, for example, that Japan increased the number...