Word: programers
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Dates: during 1950-1959
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...capacity v. 55% for last year's second quarter. But he also noted that the $676 million spent by the company on cost-cutting, modernization and expansion in the last decade has a lot to do with the record profits. Kaiser Steel credited its $214 million expansion program with lifting its six-month profit 122% over last year, to $2.61 a share...
Under the program, Hotpoint is replacing 1955-57 machines with brand-new $299.95 models at a cost to the customer of as little as $49.95. On some models, the company is replacing the transmission free of charge, exchanging washer-dryer combinations for new, separate, 1959 washer and dryer units that are delivered and initially serviced free. The rush to redeem machines at a bargain rate has been crushing; Hotpoint has had to turn down housewives who hoped to palm off 20-year-old ringer-type washers, made by firms long out of business, for new models. To keep the machines...
...company's top executives often disagreed about the best way to construct washers and washer-dryer combinations. Result: the company tried a little bit of everything. Now, under a revamped management team, Hotpoint has completely overhauled its testing and quality control to catch potential defects. The replacement program has generated so much good will for Hotpoint that the company, despite its large outlay, expects to end the year well in the black...
Like 5,974 other gifted high school youngsters on 105 U.S. campuses, these teen-agers are going to college this summer. They are the guests of the National Science Foundation, under its new program for stimulating wider and deeper interest in science. The colleges provide the labs and teachers, with the foundation's financial support...
...July 29 The U.S. Steel Hour (CBS, 10-11 p.m.).* One girl (Peggy Ann Garner) wants to be an actress, the other (Erin O'Brien) wants to be a housewife, and their careers get hopelessly tangled. The problem may not promise high drama, but the program is the only live dramatic show left on the summer schedule...