Word: plantes
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Dates: during 1940-1949
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...where fishermen's cottages had stood, workmen were building the blast furnace and rolling mills of Huachipato, the No. 2 steel plant in Latin America (No. 1: Brazil's Volta Redonda). Where fishermen had spread their nets to dry, there was an 890-ft. dock. Modern brick houses for 4,000 workers were springing up in a planned industrial city which Chileans proudly compared to Oak Ridge...
Cats & Rats. A project of the Chilean government's Corporación de Fomento de la Producción (Development Corporation), Huachipato will be the west coast's first completely integrated steel plant. Under construction since early 1947, the $83 million plant is being financed by Export-Import Bank loans totaling $48 million, by stock sales to Fomento and private Chilean interests, and by credits from U.S. firms (e.g., Pittsburgh's Koppers Co., Inc.), which are supplying equipment and technical know...
Chile's mountain riches will supply the raw materials: ore from Bethlehem's El Tofo mines, 500 miles up the coast; coal from the undersea veins of nearby Lota; power from Fomento's hydroelectric plant at neighboring El Abánico. Only limestone has been a problem. To get it, a crew of 130 men, with rat-hungry cats, is now setting up installations on rainy, rat-infested Madre de Dios Island, 900 miles down the coast...
...part of the Parton deal, the Down Town Shopping News Corp. sold its stock in Pacific Press. (Pacific Press, largest West Coast printing plant, prints the Shopping News, and the West Coast copies of TIME and LIFE.) TIME Inc. bought the preferred stock; the Clement Co., Buffalo printers, bought the common stock...
...points out that the University, where there are 12,000 students and 2,200 faculty members, has "the world's most impressive educational plant" and a world-wide representation among its student body...