Word: motors
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...grandson of the founder of the Ford Motor Co., Henry Ford II bore one of the most powerful names in American business. He used it wisely to save the second largest U.S. automaker in its dark days after World War II. He used it arrogantly when he put down executives who dared to contradict him by reminding them, "My name is on the building...
After Yale, Ford worked in the company's engineering department before going into the Navy in April 1941. But in August 1943, a month before his 26th birthday, Ford was released from active duty so that he could return to Detroit to help put the Ford Motor Co. back on its feet. Years of erratic one- man rule by old Henry had left the company a shambles, and the Government was afraid the firm would not be able to produce the amphibious vehicles and planes needed for the war effort...
...Whiz Kids brought modern professional management to Ford. They introduced financial controls and restructured the company along divisional lines, much as Alfred Sloan had done at GM. In the 1950s and 1960s, under Ford and Breech, the reborn Ford Motor Co. prospered and came up with several winners, including the sporty Thunderbird in 1954 and the Mustang in 1964. One failure, though, became synonymous with marketing disaster: the Edsel in 1957. In later years, Ford was not as successful. The company lagged behind its rivals in coming up with the right mix of fuel-efficient cars after the energy crisis...
Many of the centers promote themselves as a kind of head-start program for physical education. They often cite statistics showing that 50% of U.S. youngsters fail standard physical fitness tests, and emphasize that tot classes help develop motor skills, balance and flexibility. In addition, the 45- to 50-minute sessions introduce children to a variety of equipment: giant balls, hoops, tunnels, slides, mats and trampolines. Says Ellen Cutter, $ administrator of Leaps & Bounds, a popular program in Oak Park, Ill.: "It's an environment that encourages kids to be physically active and to delight in using their bodies...
...Lawrence River on the south and its ancient walls elsewhere, vieux Quebec remains a warren of narrow, hilly streets, dominated by two landmarks -- the venerable, copper-turreted Chateau Frontenac hotel and the ornate 19th century building that houses Quebec's National Assembly. South Korea's Hyundai Motor Co. is building a new automobile factory at Bromont, located 40 miles southeast of Montreal, that will provide jobs for some 2,000 Quebecers...