Word: plante
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Dates: during 1950-1959
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...shaping a doughless pretzel plant at Reading, Pa. (pop. 111,700) into the biggest pretzelry in the U.S., Arthur T. McGonigle in 25 years kneaded a reputation as "the man who took the pretzel out of the bar and put it into the kitchen." Last week friendly, self-made Art McGonigle, 51, was touring Pennsylvania on another assignment with a more complicated twist. This November Pennsylvanians elect another governor. And Pennsylvania Republicans bank on McGonigle as a dark-horse G.O.P. candidate who can take their ragged organization out of the doldrums and put it once again into a position...
...capitalist could have warned, things did not turn out that way. At the Zeran auto plant, 8,000 workers are currently building 15,000 cars a year (U.S. auto workers in a good year produce ten cars or more per man). At Nowa Huta, 18,000 workers last year turned out 984,000 tons of steel. Shrugs one Polish Red: "We might as well admit it-in Poland the average worker produced less than 55 tons of steel last year; in West Germany he produced 140 tons...
...turned out, Fairchild made no turkey callers-or corsets. Hopping into missiles, Fairchild soon found itself expanding its engine as well as its airframe business. The J83 engine soon proved so promising for light jet aircraft that General Dynamics' Canadian subsidiary, Canadair Ltd., chose it as the power plant for the prototype of its new CL-41 trainer, and Lockheed will also use it for its Jet-Star executive transport. Fairchild added half a dozen other lines, from electronic guidance systems for missiles to an aluminum bridge much like a plane wing, in hopes of winning a slice...
...Maserati for $625,000. Fangio, who has a thriving G.M. distributorship in Buenos Aires, could raise only half the necessary funds. That left Maserati at the mercy of the state-owned Credito Italiano, which had the right to turn the firm over to the government. Last week the plant was still running-but for the government and without the Orsis...
...brought net profits of $1,452,000 (but still far behind the $162 million sales of its chief competitor. General Tire & Rubber Co.'s Aerojet-General Corp.). Though Thiokol's first-quarter sales are off a bit because some of its military contracts ran out and one plant was damaged by fire, Thiokol expects a 50% gain for all of calendar 1958. Reason: solid fuels are far simpler and safer to handle than liquid fuels that require a maze of tanks, valves and pumps, and they show the greatest promise for powering missiles until the atom-powered engine...