Word: plante
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Dates: during 1950-1959
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Outside the great U.S. Steel Corp. plant in Gary, Ind., the steelworkers union set up three tents so that strikers could sit down and watch TV when they got bored with marching in the picket line. "We may have to be here a spell," drawled one striker. "Might as well relax...
...rough moments of boos pickets and catcalls, but not until he got to the atomic showplace of Shippingport, Pa. (pop. 400), where since 1957 a nuclear power plant has produced electricity, did Kozlov look as though he had grabbed hold of a hot wire. The hot wire: none other than Vice Admiral Hyman Rickover, the deadpan boss of the Atomic Energy Commission's Naval Reactors Branch...
...Takada kept Ohishi in the hospital for a month on trichomycin, a homegrown Japanese antibiotic. Satisfied that Candida had been knocked out, he fed Ohishi test meals of starchy foods. Ohishi stayed stone sober, hopes that his built-in moonshine plant will remain shut down...
...Wages. Many nations that once produced no steel or very little have begun developing their own industries, often with U.S. aid. India, for example, is modernizing and expanding its steel plants under the leadership of Steel Baron Jehangir Ratan Dadabhoy Tata, who has expanded his huge plant to a capacity of more than 1,500,000 tons of salable steel annually. Canada, once a prime market for U.S. steel, has steadily supplied more of its own needs from its growing steel industry...
Dramatic Change. The best hope for the U.S. steel industry in holding its own against foreign competition is the dramatic change that has taken place in the industry since World War II. Steelmen have spent $12 billion for new plant and equipment, poured millions into research. Once a prince-and-pauper industry that lost money at a downturn in the economy, the steel industry has become so efficient that it was able to report healthy profits during the recession (1958: $877 million), while operating at only 60.6% of capacity. So much has the industry changed its complexion that steel stocks...