Word: ponts
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Dates: during 1950-1959
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...Wilmington went Williams & Williams. George called on Frank du Pont, gave him an impressive earful about John, persuaded Du Pont to call the Wilmington Journal and say that the next Senator from Delaware was going to stop in to see the editor. A word like that from a Du Pont (provided it's the right Du Pont) goes a long way in Delaware. That afternoon Williams & Williams convinced the editor that John was senatorial timber-or at least that he was good enough to take the inevitable beating...
...their titanium program in hopes of performing a new wonder with the "wonder metal." They hope to transform the swaddling titanium industry into a full-grown giant. The Defense Materials Procurement Agency granted a fast tax write-off certificate, and NPA granted a $14.7 million loan to Du Pont to expand its present titanium facilities in Newport and Edge Moor, Del. (If advances in titanium production make the plant obsolete in the next few years, the Government will buy it back...
...same time, Dick urged private industry to step up its titanium efforts. Du Pont, which had begun smelting the metal with Kroll's process, increased production from 50 to some 2,000 Ibs. of raw metal a day. The first big boost came last August when the Government approved a fast tax write-off on a $14 million investment of Titanium Metals Corp., jointly owned by Allegheny Ludlum Steel Corp. and National Lead (TIME, Aug. 20). The money was used to convert facilities at the Government's $140 million wartime magnesium plant in Henderson, Nev. into a titanium...
...three: Du Pont, Union Carbide, Allied Chemical...
Died. Lammot du Pont, 71, onetime head of the U.S.'s most famed family industry, E. I. du Pont de Nemours & Co., and board chairman (1929-37) of the General Motors Corp.; of heart disease; in New London, Conn. Great-grandson of Eleuthére Irénée du Pont, who founded the original powder mill on the banks of the Brandywine in 1802. he was president from 1926 to 1940, succeeding his older brothers, Pierre, 82, and Irénée, 75. During the depression he launched the company on a program of research into...