Word: shipyards
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...total of $321.6 million in 1962 to an estimated $622.8 million in 1965. Britain is building or has contracted to build four major plants in China to produce fertilizers, plastics and synthetic fibers. Two 15,000-ton cargo liners are being built for the Chinese in a Scottish shipyard. The French are building a chemical plant in China, have launched two freighters to be delivered to the Chinese, may also build a passenger ship and a truck-assembly plant. The Italians are selling steel and machinery, fertilizer components and marine engines to the Chinese, while Sweden has found...
...dispatching to Viet Nam 3,000 civilian plumbers, carpenters, welders and crane operators who will work for U.S. companies and earn ten times what they would have at home. As a result, 12,000 applicants turned up when the jobs were advertised. In Japan, the Yokosuka naval shipyard is jammed with U.S. Navy repair orders, and work is being let out to civilian yards. Both Taiwanese and Japanese plants are repairing U.S. and Vietnamese planes. On Okinawa, because of the supply depot, 1,000 civilian jobs have opened up, and there is a sudden demand for domestic servants...
...shipyard that endeared Brooklyn to the U.S. Navy for 160 years is being closed. Already gone is the yard's Sands Street honky-tonk strip-where all real sailors prayed to go to when they died. Says Mrs. Martha Dimmler, Big Martha to Navymen of three wars who packed the Red Mill Bar: "It used to be that no place in the world had wilder, drunker, more wonderful sailors than...
Shea worked for Little and Brown publishing company for 20 years before World War II. During the war he worked in Four Rivers shipyard. He owned a tavern for several years before he came to work for Harvard seven years...
Money Makes Money. Cleveland's Art Modell, 41, a former shipyard worker, parlayed three growth businesses-television, supermarkets and professional sports-into a fortune. He put TV sets in supermarkets, then broadcast special programs for shoppers, and with the profits from commercials bought football's Cleveland Browns, now worth about $10,000,000. Among the many men who have made money from electronics, Greek-born Vessarios Chigas, 43, left a job at Sylvania, set up Boston's Microwave Associates; he now is worth at least a million. Charles Stein, 37, sensed a rich future in convenience foods...