Word: plant
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Dates: during 1990-1999
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...Adaptec contracted out fabrication of the product and concentrated on design. Fear motivated Adaptec's initial investigation of B2B software, according to Dolores Marciel, a 16-year veteran of Adaptec and its vice president of corporate procurement. The company believed that a competitor planned to build a semiconductor-manufacturing plant (also known as a fabrication plant) on its premises, thereby reducing product-development time by half. "We needed to compete or we would get killed," says Marciel. Adaptec couldn't invest the time or money in building its own plant (which on average costs $1.3 billion and requires more than...
...Merrill's account, Furrow was curious and bright enough to go on to community college after an aborted stint in the Army (he was honorably discharged because of a bad knee). He studied engineering and then landed a series of solid jobs, including a stint at a Northrop Grumman plant near Rosamond, Calif., 40 miles from Granada Hills, where the shooting was to take place...
Everybody knew that at least some of the IMF?s billions of Russian bailout money would get flushed down the toilet of corruption. Few figured the cesspool ?- or, more accurately, the sewage treatment plant ?- could end up in Manhattan. According to the Wall Street Journal, authorities are investigating whether some $200 million allegedly laundered through the Bank of New York was siphoned off IMF funds loaned to Russia to stave off its financial collapse. It?s happened before - in 1996, Russia?s own central bank (their Fed!) funneled $1.2 billion in IMF money to an offshore holding company, never...
Saudi multimillionaire Salah Idris is preparing to sue the U.S. government in an effort to win back his good name--plus the $30 million or so he lost when the U.S. bombed his pharmaceutical factory last year. According to U.S. officials, Idris' plant in Khartoum stored chemical-weapons material and had links to OSAMA BIN LADEN, the alleged mastermind of attacks on two American embassies in Africa one year ago. But while America has provided little evidence to implicate Idris, the Saudi businessman has commissioned a U.S. investigative firm to support his claim that his plant produced nothing but medicine...
...while America has provided little evidence to implicate Idris, the Saudi businessman has commissioned a U.S. investigative firm to support his claim that his plant produced nothing but medicine. Aided by the D.C. law firm Akin, Gump (where President Clinton's friend Vernon Jordan is a partner), Idris won the release of $25 million that Washington seized last August. If Idris sues, he'll face a formidable obstacle: a senior Administration official says the government will argue that its attack is covered by a doctrine of international law known as sovereign immunity and cannot be challenged in court. Disagreement persists...