Word: ponte
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...Developed an antiflu pill named Symmetrel (the company calls it "the first oral antiviral drug"), which is agitating the highly profitable pharmaceutical industry and could, with the Food and Drug Administration's expected approval, provide a whole new field for Du Pont...
...Received its first eight patents on a new photographic process that produces positive images on film without a negative-an innovation potentially as important as the Polaroid process -and announced plans to introduce a Du Pont color film for home movies. > Brought out an unusually versatile plastic, Surlyn, which scientists can make either hard or soft, transparent or opaque, thick or thin simply by jiggering its ion content; it will be used in such varied products as packaging film, pipes, costume jewelry. >Embarked on an expansion project to enlarge its eight big textile plants and to launch a full-scale...
Operating from a provincial company town in the nation's second smallest state, Du Pont has not only brought all this-and much else-to pass, but yearly piles more millions onto one of the greatest and most enduring U.S. family fortunes-a fortune that now amounts to $3 billion, give or take a few hundred million. Of the 1,500 living Du Ponts, 27 occupy executive positions in the company and more than 150 have sizable stakes in it. The Du Ponts turn out so many goods in so many places that their influence is even greater than...
Watch Those Eggs. The man appointed by fate, birth and the close councils of the family to lead Du Pont is a shy introvert named Lammot du Pont Copeland. A great-great-grandson of Founder Eleuthere Irenee du Pont, Copeland, 59, shows many of the family characteristics. He lives in a baronial style that has almost disappeared from the U.S., yet works in an unpretentious office whose door bears neither his name nor title. From his late mother and her three brothers-Pierre, Irenee and Lammot du Pont-he inherited not only a prominent nose and poor hearing (he sometimes...
Besides being the largest single owner of Du Pont and one of the richest men in America, Copeland is also a chemist and a financial expert who believes in Andrew Carnegie's dictum: "Put all your eggs in one basket, and watch them." Fiercely loyal to the closely woven clan and its company, Copeland believes, in the best big-business tradition, that Du Pont has a duty to do a great deal more than make money for its 240,000 stockholders. As he sees it, the firm that his family founded needs to set the pace for others...