Word: mille
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Dates: during 1950-1959
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Last week Pittsburgh Steel opened a new seven-acre cold rolling mill at Allenport. Pa., hard by a big, hot rolling mill opened last year. The new plant completed a four-year. $65 million expansion program that moved Pittsburgh up to twelfth among U.S. steelmakers. By more than tripling its total plant investment, Pittsburgh transformed itself from a high-cost, marginal producer to a modern, well-balanced company. All this is in keeping with Adams' business philosophy: "Either a company makes progress, or it falls behind...
Though Pittsburgh Steel has raised its steelmaking capacity 48% to 1,560,000 tons and its finishing capacity 82%, Adams is not worried about the current slump in steel. He thinks he will need more capacity before long. For this reason, the company's $28 million hot rolling mill at Allenport was laid out so that its capacity can be doubled at the cost of only a few million dollars...
...Thomas E. Millsop, 55, who entered the steel business at 14 as a 10 ?an-hour, open-hearth laborer, was elected president of National Steel Corp., fifth largest U.S. producer of steel. Millsop left the mills before he was 19 to become a Marine pilot during World War I. After his discharge, he barnstormed the country as a stunt flyer, returned to the steel business and worked his way up from riveter to production manager at Standard Tank Car Co. He was later hired as a salesman for Weirton Steel Co. (a National subsidiary), climbed steadily until he became Weirton...
Parodists have a tremendous advantage over ordinary run of the mill humor writers. People will laugh at their stuff even if it is only vaguely good, so long as they feel at least two jumps ahead of the parodee...
MILLIONAIRE Charles Steen, whose Mi Vida mine was southeast Utah's first big uranium strike, is joining with Salt Lake City's Combined Metals Reduction Co. to build what is called the world's biggest uranium processing mill at Moab, Utah. Uranium Reduction Co., the new company, will start work on a $4,000,000 plant within the next four months, hopes to start processing ore from Steen's mines by early...