Word: ponts
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Exports of manufactured products have traditionally been dominated by a handful of the nation's largest companies, including Boeing, General Electric, Caterpillar Tractor, McDonnell Douglas and Du Pont. A surprising new export winner is the American textile industry, which is the world leader in productivity despite relatively high labor costs. Burlington Industries of New York, the nation's largest textile maker, with 1979 sales of $2.7 billion, saw its foreign business jump by 40% during the year. The big sellers: carpets, towels, curtains and clothing...
Irving S. Shapiro, chairman of Du Pont, reports that his company is recycling waste material to reduce the disposal problem and keeps a watchful eye on the contractors it uses for disposal. The most critical problem, as he sees it, is to clean up widely scattered "orphan waste sites" that no one has supervised. Says he: "Let's start with today, not worry about who did what in the past. Government and industry should work together rather than get emotional. We've got to get going rather than sitting around trying to figure out who's wearing...
...they walked into Reagan's 69th-floor suite in the Plaza, the two Republican Senators (John Tower and Strom Thurmond), two Congressmen (Robert Michel of Illinois and Robert Bauman of Maryland) and two Governors (Pierre du Pont of Delaware and Charles Thone of Nebraska) had no inkling that they were stepping into G.O.P. history. They were there for a long-scheduled appointment to give Reagan their advice on who would be his best running mate. Most of the group favored Bush. But Reagan sounded skeptical. He asked just how Bush would help the ticket...
...Pont was the first to respond to Reagan's question. "Of course," he said, "Jerry Ford would be the very best choice. He could add tremendous impact to the ticket." Michel agreed: "If you really want the strongest Vice President, it's Ford, for obvious reasons...
...Journal line is a hit with many businessmen. As Du Pont Chairman Irving Shapiro told TIME'S Elizabeth Rudulph: "They ring the bell with their readers. People are seeing in print what they believe themselves." But even Shapiro admits that Journal editorials tend to be "somewhat strident." That stridency is at least partly redeemed by the Journal's op-ed page, a mélange of opinion (not always conservative), letters to the editor and coverage of the arts. The page now appears twice weekly but will become a daily feature in January...