Word: ponts
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Dates: during 1950-1959
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Crawford H. Greenewalt, president of E. I. Du Pont de Nemours & Co LL.D...
...Government's Bureau of Mines announced it had found the first practical way to refine it into commercially pure form. The Government subsidized experimental pilot plants to process small batches of titanium into sheets, rods, etc. and commercial production of titanium was started by Du Pont and Titanium Metals Corp. But the Air Force wanted titanium desperately not only in its pure state but as an ideal substitute for columbium as a hardening agent in alloys. It pressed for a huge program to boost production to 22,000 tons by 1955 (current production: 3,400 tons a year...
...huge expansion program. Planemakers are so eager for the heat-resistant metal for air frames and jet engines that Defense Secretary Wilson is expected to approve a $500 million program to boost output to 22,000 tons a year (1952 total: 992 tons). Under the plan Du Pont, and partners National Lead and Allegheny Ludlum, already in production, would raise production sharply; others, like Chicago's Crane Co., would get into the field with the help of Government loans and purchase agreements...
...roster A Delaware Valley companies represents a cross section of both the nation's industry and its best-known names. In addition to such old valley residents as chemical makers Du Pont, Hercules and Atlas, the long list of newcomers includes Chrysler (with its $19 million tank plant at Newark, Del.), National Biscuit (a $10 million plant), Colorado Fuel & Iron (a $50 million works). Among other new industries: textiles, plastics, rubber, smelting...
...campaign. C.I.O. Boss Walter Reuther thinks that the recent practice of going after small companies first, in trying to organize an industry, is wrong. He aims to hit the big ones and expects the little ones to fall in line. Prime target: the chemical industry, and specifically, Du Pont, in which 75% of the employees belong to independent (company) unions...