Word: plant
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Dates: during 1930-1939
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...athletic plant of the first magnitude will be open to incoming Freshmen this fall in Harvard's 60 acre establishment, comprising 21 competently coached sports...
Perhaps a fight over this sore point may not develop this year since the University has just offered to give the Cambridge City Hospital a complete X-ray plant and guarantee its upkeep...
...successful. No investor aboard walked away with his pocketbook intact. One of Detroit Aircraft's subsidiaries was Lockheed Aircraft, absorbed in 1929. Although its sleek Vegas and Orions were the fastest commercial jobs in the air, Lockheed had to go into receivership. Grass grew around its two-acre plant at Burbank, Calif., and the factory had only one employe-a watchman who had started working for Brothers Alan and Malcolm Loughead (later changed to Lockheed) and saw no reason to quit because he was not paid. That was in 1932. Today, Lockheed Aircraft Corp. is a different story...
From the Burbank plant soon came Lockheed's first bimotored, all-metal plane, the Electra, a speedy airline job, then the Lockheed 12 and finally the 14, rated in 1937 the fastest multi-engined commercial plane in the world. This year the Lockheed plant turned out the two-engined P-38, one of the world's fastest pursuit ships. Lockheed is now working on a new Electra and the four-engined Excalibur, scheduled for test flight-next summer...
Lockheed last week showed sales up 145.8%, from $5,111,699 to $12,565,117, profits up 236.9%, from $151,074 to $508,860 and little Lockheed is no longer little: its plant covers twelve acres instead of two, it employs 6,800 men and it turns out between 30 and 40 ships a month, for airlines, corporations, individuals and governments (including Britain, which has ordered 250 Lockheed light bombers). As striking news as any was Lockheed's backlog of unfilled orders: $26,372,385. Fortnight ago this was upped another $4,845,000 by an Army order...