Word: pittsburgher
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Dates: during 1960-1969
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Most of all, they exercise an independent check on managers, often firing and hiring them. The man most responsible for lifting Lynn Townsend to the presidency of Chrysler is Pittsburgh's George H. Love, who is board chairman of both Chrysler and Consolidation Coal...
...Pittsburgh last week, the optimism was as audible as the roar of the huge furnaces that poured forth white-hot metal day and night. Steel production is running ahead of last year, and orders are rolling in so fast that every week proves better than the last. First-quarter output should easily top 28 million tons -around 10 million better than hoped for. Looked at from any angle, the U.S. steel industry is off to what may be its best year ever...
...share of hard times. The company emerged from World War II with facilities that a shortsighted management had allowed to fall into desperate disrepair. The long, slow rebuilding process started by Admiral Ben Moreell in 1947 gathered momentum when Avery Comfort Adams, a supersalesman drafted from Pittsburgh Steel, took over in 1957. Shortly before his death, Adams retired last year; since then, Jones & Laughlin has operated under two bosses working in tandem. President William Johnston Stephens, 57, an outgoing salesman type like Adams, runs the day-to-day operations. Chairman Charles Milton Beeghly, 55, who was president under Adams, manages...
...steel four times faster than the best open-hearth furnaces, thus reducing costs by up to $8 per ton. J. & L. also saves money by using computers to handle everything from customers' orders to inventory control. It operates the most highly mechanized coal mine in the U.S. near Pittsburgh, led the way in sintering iron ore to make blast furnaces more productive...
Dwight Eisenhower spoke from Detroit, Nelson Rockefeller from Los Angeles, George Romney from Washington, William Scranton from Indianapolis, Barry Goldwater from Pittsburgh, and Richard Nixon from New York City. Each spoke briefly-with varying success-but Nixon gave the most polished performance...