Word: mill
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Dates: during 1960-1969
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Born from the merger of three sleepy sawmill companies, Boise Cascade is now a diversified producer of paper, lumber and building materials, with mills, factories and retail stores in eight Western states. Its sales ($175 million in 1962) will rise above $200 million this year, despite intense competition, erratic prices and the overcapacity of the U.S. lumber industry. Last week, having completed negotiations, it was hoping for the Federal Trade Commission's approval to buy Crown Zellerbach's St. Helena Pulp & Paper Co. in Oregon. It is also looking for new properties in the South, has taken over...
...uses 29 Ibs. of aluminum per person annually-three times as much as any other nation. But demand for aluminum is growing even faster abroad. Alcoa is building plants in Australia, Surinam and Mexico, hopes to raise its overseas capacity 30% within three years. Reynolds is putting up a mill in Canada and a fabricating plant in Turkey, and Kaiser has opened plants in India and West Germany. Recently, Kaiser joined Canada's Aluminium Ltd., France's Pechiney and Britain's Rio Tinto-Zinc Corp. in ambitious plans to build and operate a $112 million alumina plant...
...school in business methods." Recruiting from Oxbridge and technical schools alike, Hyman heads the youngest and one of the most skillful executive teams of any British corporation. While the average British director is 61, energetic Hyman is 42, and his staff includes a company director of 27 and a mill manager of 25. "I want to attract the same class of mind that goes into the Treasury or Foreign Office," says Hyman. "We have some with Eton and Guards backgrounds, and many with grammar school education. We're a true meritocracy...
...made 28 transatlantic trips and is a self-styled "Americanophile," will step up his marketing in the U.S., where 50% of Viyella production already goes. To service such stateside customers as Manhattan Shirt, Hathaway Shirt, Kayser-Roth and Hart Schaffner & Marx, he intends to re-establish an American mill closed down by earlier management a decade ago in what he regards as an ill-advised cost-cutting move. To step up demand for his products, he has begun a new and perky U.S. advertising campaign in which Viyella becomes an exotic animal: "Have you seen a Viyella lately? Does...
...John Augustus Sutter were alive today, he would fold his mill and buy into the Columbia Broadcasting System. CBS announced last week a proposed 2-for-l split of its common stock. It also raised its quarterly cash dividend from 35? to 45? a share...