Word: olin
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...Avenue to the 112-acre grounds of the Blind Brook Polo Club in suburban Westchester County, which it purchased. Nearby Greenwich, Conn., last week gave preliminary approval to American Can Co.'s plan for shifting its 1,300-employee international headquarters to a 141-acre tract by 1970. Olin Mathieson Chemical Corp. bought 60 acres in Stamford, Conn., for its chemical division, along with 700 white-collar workers. Uris Buildings Corp., builder of dozens of Manhattan's new glass-girt office towers, announced plans for a huge laboratory-office center in suburban Rockland (N.Y.) County in anticipation...
...Olin Mathieson and Pepsico blamed their departures primarily on an inability to find enough midtown space for their staffs. Vacant office space is so scarce in Manhattan today that other companies have grabbed eagerly at the forsaken quarters. Most of the demand comes from expanding businesses already on the scene, notably the headquarters of 26% of the nation's 500 largest corporations. In fact, Mayor Lindsay insisted that the city, with some 8,000,000 sq. ft. of office space due to be completed this year, is still amidst "a boom in corporate growth...
...president of the New York Stock Exchange for 15 years, G. Keith Funston always insisted that Big Board corporations promptly report significant changes in management. Living up to the letter of that rule last week was the Olin Mathieson Chemical Corp., whose messengers appeared promptly and simultaneously at wire services, publications and TV networks to pass the word that the company's new chairman would be none other than G. Keith Funston, 56, who is retiring from the Exchange when his present contract runs out in September...
...Olin Mathieson's management will remain very much in the hands of President and Chief Executive Gordon Grand Jr., 49. After the sudden death last October of Olin Chairman N. Harvey Collisson, Grand assumed that role in addition to his own duties, but will now be able to relinquish the chair. Since he took charge 22 months ago, Grand has pulled Olin Mathieson's disparate operations together into five groups, expanded its operations in 70 countries. At the time he assumed power, he forecast that the corporation would exceed $1 billion in annual sales by 1967; last week...
...discounted the idea of anything radical in Dame Pattie-except for a rudder that is wider at the head than at the heel. "Her deck plan is almost an exact reproduction of the Constellation's"-the U.S. boat that won the America's Cup in 1964-said Olin Stephens, who designed Constellation and the newest U.S. twelve-meter, Intrepid. But Stephens had second thoughts. "I wish I could see," he said, "what makes Pattie so fast...