Word: plantes
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Dates: during 1940-1949
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...secret program in 1943 to get penicillin mold produced in large quantities, Pfizer was one of the companies chosen for the job. Many chemists doubted that it could be done. But Pfizer President George A. Anderson, now Board Chairman, risked $3 million of Pfizer cash to build a new plant, was the first to mass-produce penicillin...
...still Pfizer's main product (it turns out over one-third of the U.S. output), it is also making the latest wonder drug, streptomycin. But Pfizer feels that streptomycin has a "clouded future," as yet has no plans for mass production. When it gets the new Groton plant in operation, Pfizer expects to double production of its other products...
...other bids* called for RFC loans to help finance the purchase. The War Assets Administration expects to make up its mind about a buyer in a month. If many West Coast businessmen have their way, the plant would be sold to U.S. Steel. Privately they have favored this for months, because they think that Big Steel, which operated the plant during the war, is the best one to do it in peace. Moreover, they think Big Steel has a better chance of getting rail rates cut, bringing cheaper steel to the West Coast...
...Department of Justice, which must approve the sale, has opposed selling Geneva to Big Steel in the past, lest it mean less competition in the industry. But pressure from Western steel users, plus the fact that Big Steel's offer is regarded as a reasonable one for the plant, may cause it to Change its mind...
...midst of this, Penman Milton Reynolds, who had already skimmed the cream from the market by getting his pen out first, went after the milk. He arranged to distribute his pens in the United Kingdom, said he plans to open a plant in Australia...