Word: southdowns
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Texas empire builders like Ross Perot, James Ling and Haroldson L. Hunt have a penchant for headlines -but D. (for Davis) Doyle Mize does not. A self-effacing entrepreneur known by only a few in the upper echelons of business, Mize, 48, is chairman of Houston's Southdown, Inc. In three years under Mize, Southdown has acquired a cluster of companies that drill for oil, develop land, refine sugar, make cement and sell beer, pushing its sales up from $35 million to $182 million, with net profits of $38 million last year. Now Mize is spreading into the thriving...
...Mize had grown tired of Zapata, figuring that it had reached a point at which profits could not be raised fast. His goal is to double after-tax profits each year, which he has often managed to do. For a more promising base of operations, he chose land-rich Southdown, a company that Zapata controlled. In a complicated series of transactions, Mize made Southdown an entirely separate company, severing all its ties with Zapata. He also resigned from Zapata and named himself chairman of Southdown. Again Mize went back to making acquisitions, mostly in exchange for Southdown securities. He bought...
...Southdown also owns 10,000 acres of vineyards in California's Salinas Valley. Mize recently signed an agreement to exchange 1,050 acres of land for California's San Martin winery. Mize believes that in the next five or ten years, demand for California wines will increase rapidly because the French will be unable to produce enough to satisfy America's growing thirst for good but moderately priced wine. The domestic market will soon be big enough to support another major national brand, he says, and a hustling entrepreneur could become a kingpin in American wines. That...
Before the Experts. As the hours ticked away, Eddie judged the Quarter Horse studs, Angus heifers, Hereford bulls, Hereford heifers, Angus steers. At each class he stood back, then circled around the animals, felt for firmness and fat. He passed to the Southdown fat lambs, the Rambouillet ewes, the Hampshire ewes. Finally he moved to the swine area for the Duroc fat barrows, the Berkshire fat barrows and the Poland gilts. Of all the classes, the fat lambs troubled him most ("and I raise them at home...
Secretary American Southdown Breeders' Association State College, Penn...