Word: milacron
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Dates: during 1979-1979
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...Japan Productivity Center, cited 15 reasons for his country's productivity surge, including lax antitrust enforcement, large spending on R. and D., and joint management-worker programs to increase quality and eliminate production-line bottlenecks. Looking at the European experience, Eugene Merchant, director of research planning for Cincinnati Milacron Inc., emphasized the importance of the so-called trilateral relationship among Government, universities and companies. This is an idea that Europe adopted from the U.S., but it has fallen on hard times in America, in part because of public dismay over Government-funded research by private institutions into weapons...