Word: multimillions
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...Steel opened a $10 million laboratory at Monroeville Pa.; Union Carbide & Carbon Corp. moved into a $6,000,000 Parma (Ohio) research complex; General Electric completed a $5,000,000 Cleveland laboratory for the study of "psychological and physiological effects of lighting on humans, animals and plants." Other multimillion-dollar research centers are being blueprinted by Ford Motor, General Dynamics' General Atomic Division, Westinghouse Electric, Koppers, Gulf...
...will expand production nearly tenfold. Using a sodium-based process, National Distillers will turn out 1,000,000 Ibs. annually for the AEC, build a multimillion dollar plant at Ashtabula, Ohio. By modifying the "Kroll Process" for refining titanium, Carborundum Co. will boost production from 325,000 Ibs. to 825,000 Ibs. annually. Using its own process, National Research Corp. will produce 700,000 Ibs. annually for five years, collect $22.7 million. It will build a $6,000,000 plant at Pensacola, Fla. to start production by early 1957 from beach sand...
Flood control is vital in California, where the nightmare is water-too much in the rainy north, too little in the arid south. Key to California's burgeoning economy is a multimillion-dollar system of dams and reservoirs that channels northern water into the fertile but dry Central Valley and the water-starved cities of the booming south. But no flood-control program is watertight, and California's is far from complete. Last week, in the wake of northern floods that cost $170 million and 74 lives, Californians were grateful for the dams they have, but bitterly regretted...
Hollywood's sellout to TV last week moved into the multimillion-dollar bracket. Thomas F. O'Neil, president of General Teleradio and new board chairman of RKO Radio Pictures, announced a $15 million deal with C & C Super Corp., which has taken a perpetual lease on 740 RKO features and 1,000 shorts. The features include such old favorites as Gunga Din, Citizen Kane, The Hunchback of Notre Dame, Abe Lincoln in Illinois, Kitty Foyle, Stage Door, Having Wonderful Time, Once Upon a Honeymoon and eight Fred Astaire-Ginger Rogers musicals. All the films in the package...
...bridge there, and her younger son, E. Roland Harriman, now a Manhattan financier (and still a Republican), built the bridge (now state-owned) as a private venture. By the time mother Harriman died, in 1932, she was able to leave her two sons and three daughters a multimillion-dollar heritage...