Word: stainless-steel
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Free-traders won a victory last week that brought happy news to Japanese makers of stainless-steel flatware (TIME, March 3). Though the Japanese captured a big chunk of the U.S. market last year, President Eisenhower rejected a Tariff Commission recommendation for sharp duty boosts that would have raised prices of the Japanese ware in the U.S. by an average 35%, might have kept it out entirely. Instead, the President accepted Japan's promise to hold exports to the U.S. this year to the 1956 level of 5.9 million dozen pieces (v. 7.5 million dozen...
...some U.S. cutlery companies saw in Tsubame a wonderful opportunity. The U.S. companies wanted low-priced stainless steelware to undercut the high-quality product that Europeans had begun shipping to the U.S. They sent technicians to Tsubame, supplied it with equipment, orders and credits When U.S. silverware makers also be gan feeling hot European competition against their plated tableware, they too joined in building up Tsubame's production in order to save the expense of shifting to stainless-steel production in their own plants. Tsubame exports to the U.S. soared from 421,476 dozen pieces, valued...
...Tariff Commission. U.S. makers of stainless steel flatware pointed to the fact that 558 workers in their own small industry of 21 companies had been put out of jobs, though total employment of 2,522 was still above what it was before the import upsurge. The U.S. makers wanted stainless-steel imports from all countries slashed to 10% of the current total. Instead, the Tariff Commission recommended duty boosts to President Eisenhower that would raise Tsubame prices in the U.S. by an estimated 35%, possibly put them above U.S. stainless steelware...
...time is the near future; the place, the U.S.; the heroine, beautiful Dagny Taggart, a stainless-steel executive who runs a transcontinental railroad with the same chilling efficiency she displays in bed with various deserving tycoons. But dauntless Dagny is having troubles. Her railroad keeps breaking down. The best businessmen begin to vanish mysteriously. Oilfields flame in the night, copper mines are destroyed, docks blow skyhigh, steel mills collapse in chaos. Finally Dagny catches on: her fellow capitalists have gone on strike...
Last week Nova Scotia-born President Alison Cumming, 50, announced that the company will build a $4,500,000 glass and stainless-steel headquarters building in Toronto. Soon he plans to issue separate financial statements and common stock for sale to Canadian investors. Said President Cumming: "We want the public face of this company to be Canadian, and not something that's just for show...