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...been constructed by 2,500 workers on the Jari River, an Amazon tributary 250 miles inland. The factory and its separate 55,000-kw power plant was floated into position over 4,000 submerged pilings last month. Then water under the pilings was drained, and Brazil's Munguba district, which before Ludwig was little more than a swatch of forest, got a new industrial enterprise. Why was the plant towed halfway round the globe instead of being built on the site? Says an I.H.I, spokesman: "It would have taken far more time to build so sophisticated a project there...

Author: /time Magazine | Title: Business: Daniel Ludwig's Floating Factory | 6/19/1978 | See Source »

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