Word: marketed
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Dates: during 1950-1959
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...plants-nine of them in as many states-through a merger with seven other U.S. home suppliers. Seven of the nine plants are in areas where National formerly sold no houses; they put National's network of twelve factories within a 200-mile radius of almost every major market east of the Rockies. With his new acquisitions Price this year expects to boost National's sales to $100 million, its production to 45,000 units-4.3% of all single-family, nonfarm houses built...
...getting Japanese, who have crashed the U.S. market with everything from cameras to transistors to hibachi charcoal braziers, last week were briskly redesigning their little cars for a full-scale commercial assault. The cars lead a broader invasion of the U.S. market by all manner of Japanese heavy industrial goods. This year Japanese exports to the U.S. will exceed $800 million (v. $229 million in 1952); close to $200 million will be in precision and heavy manufactured goods, directly competitive with products in which the U.S. specializes. Throughout the world, Japanese exports of heavy goods-turbines to Brazil, electric train...
...less complex exports, e.g., textiles, tuna, stainless steel flatware, umbrella frames. The insular Japanese live or die by trade. Particularly must they export to the U.S.; last year their imports from the U.S. ran 55% ahead of their exports. Thus they have decided that if the U.S. tightens one market, the way to compete is simply to turn to another...
Foreign carriers have rushed into the U.S. in such numbers that 40 now draw from the U.S. market v. 22 in 1949. Most of them get far more than U.S. carriers out of the bargain, often add extra flights to siphon off as many passengers as possible in violation of the spirit of the Bermuda agreement. In return for permitting Pan American to serve Amsterdam, KLM flies into New York and Houston. Result: last year KLM collected $29.4 million on 86,225 U.S. passengers, while Pan Am got only $1,700,000 from 2,842 Dutch passengers. While cutting into...
...from $279,000 last year to $18.6 million this year, is primarily an importer and refiner, must buy half the oil it refines. Skelly, its first-half earnings up from $10.5 million to $14.5 million, produces about 40% more oil than it refines. Tidewater's refineries and market outlets are concentrated on both coasts; Skelly's are mostly in the midcontinent...