Word: milling
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...highly automated Kloeckner-Werke's wide strip mill in Bremen, 90 West German workers are turning out flat bar steel at the rate of more than 110,000 tons a month...
Even in Japan, where manpower is so cheap that there is little incentive to economize on wages, automation is spreading. Tokyo's Kawasaki Steel Corp. is building an electronically controlled mill that will ultimately produce steel at prices competitive with U.S. mills-even though the Japanese must import almost all their coal and ore. Other Japanese companies turn out auto parts, cameras, transistors, television sets and chocolate bars on automated equipment. Manufacturing a two-cylinder motorcycle now costs Japan's booming Honda Motor Co. (TIME, Aug. 25) no more than it used to cost to make...
Outwardly, the Bucks County Playhouse in New Hope, Pa., resembles its R.F.D. competitors. Built on the foundations of an 18th century mill, it hangs over a rushing stream, smells of pine, and usually has half a dozen fireflies in the audience. The difference begins at the footlights. Bucks County stands almost alone as a summer theater where the main interest is in new works. Six new plays are on Bucks County's 1961 schedule...
Millburn, N.J., Paper Mill Playhouse: Hans Conried and Cornelia Otis Skinner in The Pleasure of His Company...
Jardines' shares were no run-of-the-mill investment. Playing its cards close to the vest, the company admits only to assets of $20 million and 1960 profits of $1.5 million. But as Hong Kong agents for 77 major companies, Jardines sluices Western products ranging from machine tools to fine Scotch throughout Asia. In addition, the company owns much of the richest land in booming Hong Kong, controls two of the island's three profitable English newspapers, and has substantial interests in banking, shipping, insurance, utilities, streetcars and airlines. So powerful are Jardines' executives, who traditionally...