Word: maytag
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Dates: during 1960-1969
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Under Ted Baker, its penurious founder, National Airlines shielded the windows of its Miami headquarters from the sun with brown wrapping paper. When Lewis Maytag Jr., heir to a washing machine fortune, bought Baker out 15 months ago, the first thing he did was to invest in vertical blinds...
Four soft-eyed, cream-colored antelopes with enormous knobby horns frisked in the Phoenix Maytag Zoo last week under constant, anxious watch by their keeper. They are Arabian oryxes, some of the world's rarest animals, and if they thrive in the desert climate of Arizona, they may live to be the only oryxes left on earth...
After a long investigation, Major Grimwood decided that the best place for a "world herd" of Arab-proof oryxes was not in Kenya, but in Phoenix, where the dry, hot climate resembles that of Arabia, and where there is the spacious and hospitable Maytag Zoo. The Arizona Air National Guard, happy to boost the home state, flew a C-97 cargo plane to pick up the oryxes, which had been shipped to New Jersey. The four consisted of two males and two females, Edith from Aden, and Caroline, contributed by the London Zoo. Another female, still unnamed, will arrive...
Died. Frederick Louis Maytag II, 51, president since 1940 of the $107 million-a-year Maytag Co., U.S. producer of laundry machines, the founder's forthright flying and skindiving grandson, who at 29 inherited a feudal Midwestern firm, modernized and expanded it tenfold by profit-sharing management and honest craftsmanship that shunned built-in obsolescence; of cancer; in Newton, Iowa...
...Maytag, who took over as National's president the day the sale was announced, will move to Miami not only his wife and six children, but also his former Frontier vice presidents for operations, sales and finance. The new team hopes to increase National's profits by refinancing, and standardizing its hodgepodge of aircraft. Known in the airline industry as a loner, Maytag seems unlikely to reopen the merger negotiations with Continental Airlines, which National broke off in March. Says he: "I think National can stand on its own two feet." As for George Baker, he will remain...