Word: shipyards
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Dates: during 1970-1979
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...Mobile, Ala., shipyard worker, Aaron, like Ruth, rose from humble origins. He started in professional ball in the old Negro League Indianapolis Clowns. The 19-year-old Aaron signed with the Braves organization and played for the Braves Eau Claire, Wis., farm club in 1952. In 1953 the young slugger hit his way to the most valuable player award in the minors. The next year he was called up to the Braves squad and on April 23, 1954, he hit his first four-bagger against the Cards...
...economy cars, selling at around $1,600, for the Asian market. The island also produces Sanyang motorcycles. Taiwan lately has switched to seeking capital-intensive heavy industry in order to stay a jump ahead of Malaysia and Indonesia, where labor costs are even cheaper. Its biggest catch: the Kaohsiung shipyard, a $27 million joint Sino-American enterprise whose annual capacity will be 1.5 million shipping tons. Together with older yards, Kaohsiung will make Taiwan the world's 15th largest ship-building nation...
...biggest employer, more than 21,000 people will be thrown out of work with the closing of the Newport naval base because of lack of facilities to handle today's huge aircraft carriers. In Massachusetts, 6,700 people will lose their jobs when the venerable Boston naval shipyard is closed because of inadequate docking facilities. Equally hard hit by the cuts is Hunters Point shipyard in San Francisco. Of the 5,184 civilians slated to lose their jobs, many are members of minority groups who have been trained as welders, machinists, toolmakers and diemakers...
...major drain on Ogden was its Avondale Shipyards near New Orleans, which during the 1960s made unusually low bids to gain Navy-destroyer contracts and then saw costs soar. In 1969 the yard suffered a loss of $3.8 million. Ogden has since gathered the shipyard, its prosperous shipping business, which operates 20 vessels, and a stevedoring firm into a single transportation division, and last year the yard showed a small profit. Now Avondale expects to cash in big by helping to relieve the nation's growing fuel shortage. It is increasing production of liquefied-natural-gas tankers that sell...
...confident entrepreneur and ex-member of Israel's Parliament, was impressed, but the two moved cautiously, acquiring their first reefer in 1960 and building up an "intelligence network"-a staff of 40 researchers who keep track of world shipping needs and who have predicted temporary declines in shipyard activity. The moment to build at relatively low cost came in June 1963, and the partners ordered from Norway four reefers that were fast enough (21 knots) and big enough (400,000 cu. ft.) to deliver twice as much fruit each season as conventional ships. These "core class" reefers-designed...