Word: plywoods
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Dates: during 1950-1959
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...cash and Government bonds in the company till was paid out in dividends to the Johnson family, which controlled the company, most would go for income taxes. The Johnsons talked their problem over with another lumberman, 48-year-old Owen Cheatham, president of the Georgia-Pacific Plywood Co. Cheatham had worries also...
Since war's end, Georgia-Pacific has boosted sales from $13 million to an estimated $65 million this year, and has become the nation's biggest plywood producer.* But it owned little timberland, thus was afraid of being caught in a price squeeze in purchasing its raw material. This week Georgia-Pacific's Cheatham found a neat solution to the problems of both companies. He bought out the Johnson company lock, stock & barrel stave for $16.8 million...
Andrei N. Tupolev, 62, Russia's top heavy-bomber man and last of the "old guard" Red designers. Quiet, scholarly, he set up the first aerodynamics research center in 1918, together with Professor Zhukovsky four years later built his first airplane, a timber and plywood single-engine monoplane. Has turned out 30 major planes from light puddle-jumpers to 1934's lumbering, eight-engine Maxim Gorky (which crashed after a few flights). Exiled during the purges, he came back in 1942 to design attack bombers (TU-2) for the Red air force. Greatest engineering feat: copying...
...past the observation barge that newsmen aboard could count the stitches on his lifebelt. Then, 300 yards past the barge, Quicksilver began the turn. Suddenly the big hydroplane flipped over, vanished in a geyser of white spray. When the mist settled, only flotsam remained-a few splinters of grey plywood, a seat cushion, one shoe with a sock still inside...
...water-borne attack did not wait for the mechanics to arrive. One company cast off in plywood boats, paddled by hand. Some of the boats were smashed by mortar fire. Finally the Chinese launched a full-scale counterattack. The Americans threw it back, then withdrew. By that time the battle for the dam had become academic. The Chinese had already wasted much of the reservoir water; if they had been able to blow the dam (they may have lacked know-how or explosives), they would almost certainly have done so earlier...