Word: shipyard
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Under the incentive program, 51 new factories turning out products ranging from transistor radios to giant shipyard cranes have been built for foreign firms in Ireland. For their share, foreign firms have invested about $84 million in plants and machinery. The plants have directly created 10,000 new jobs, indirectly another 10,000. Nearly one-quarter of the plants belong to West German firms, which, faced with a labor shortage at home, have turned to Ireland for a bountiful supply of workers. Besides Borden, twelve other U.S. firms, including Brunswick Corp., Standard Pressed Steel (electronic components) and Hallmark, have...
Schlieker is often accused of shady dealing, but no one has ever made a charge stick. Though the shipyard gets much of his time, more than half of schlieker's profits still come from trading, specially in steel. When questioned about he future, he says only: "I have no imperialistic ambitions." But as a British intelligence report once noted: "He is a ruthless opportunist, vain, ambitious, and egotistical . . . who seems destined for leading role in Ruhr industry, whatever orm of organization it adopts in the future...
...Rent Stabilization in 1953, and sued for telling the press that his "first official act" would be to suspend two employees who had been mixed up in a manipula: tion of ORS funds; and 2) Admiral W. E. Howard Jr., who, as commanding officer of the Boston Naval Shipyard, reported to Congressmen-with copies to the press -that the shipyard would soon withdraw recognition of a union, and was sued by the union...
...particularly admired Kahlil Gibran's "Pieta," Peter Grippe's "King Minos Number 2," Liliam Saarinen's "Portrait of an Author" (whom I took to be Edwin O'Connor, author of the novel The Last Hurrah), and the items by Henry Kreis and Robert Lamb. Donald Stoltenberg's so-so "Shipyard Cranes" won the $500 Invitational Award for Sculpture or Painting; and Gilbert Franklin's appealing "Beach Figure" captured the Festival's $1000 Grand Prize...
...Barcelona announced a "suspension of payments," a legal state just this side of actual bankruptcy that defers debt payments and allows a company to lay off help (otherwise forbidden by law). In a land where newspapers print no unpleasant news, word spread that the big (3,000 employees) Euskalduna shipyard and the Basconia steel mill in Bilbao were also about to lay off their work forces, and so was Madrid's leading steel company...