Word: overheads
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Dates: during 1950-1959
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...Philadelphia representative for Hoffmann-La Roche, Inc., a big pharmaceutical house. Bobst called on all the doctors in the area, sold so many drugs that when Hoffmann-La Roche was going under in the 1920 depression, he was made general manager. He promoted new products, cut overhead, soon had the company in the black. He was made president, boosted to $300,000 a year, and retired in 1944-but not for long...
...Everybody who sees an airplane flying overhead," Assistant Navy Secretary for Air Jack Floberg once said, "thinks it's an Air Force plane." This week, to prove that naval aviation is in the game too, Floberg went on TV with models of four secret new planes the Navy had been keeping under wraps. All four, said Floberg, had been tested and ordered into production. The planes...
...work took him as far afield as Argentina, where he designed several of the great grain terminals that still tower over Buenos Aires' waterfront. "When I build them," says Engineer Howe, "they stay built." In an era of relatively light taxes, his firm grossed $10 million a year; overhead in the modest Port Arthur headquarters...
Slow Revisions. One reason why many merchants dislike night hours is that they boost overhead (overtime pay, supper money, extra shifts, bigger light bills). Richard H. Rich, president of Atlanta's Rich's, terms the move to expand night shopping "a lamentable trend." But Sears, Roebuck, with three thriving Atlanta stores, stays open two nights a week. Says Sears's Southern Vice President Charles H. Kellstadt: "If you've invested millions in a plant, the more hours you use it the more you can reduce costs." More than any other merchandiser, Sears, by its aggressive selling...
...from overhead gravity tanks poured down in slippery streams on the tilted deck plates. Steam began to fail. The whine of the turbines diminished. Despite the struggles of the exhausted engineers, the generator failed, and with it power for lights and the laboring pumps...