Word: stainless
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Dates: during 1950-1959
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...Among Inland's projects: a seven-year exploitation, started in 1953, to expand iron-ore mining at Financier Cyrus Eaton's Steep Rock development in Ontario (TIME, March 9, 1953), from which Inland hopes to get 3,000,000 tons a year by 1969; a 19-story, stainless-steel office building, one of the few new skyscrapers in Chicago since the Depression; a land-filling project near Inland's Indiana Harbor plant on Lake Michigan's south shore to give Inland 462 acres of what is now lake for future plant expansion; three giant open-hearth...
...pressed copper fabricators (see below), U.S. steelmakers have seldom been so hard put to supply the nation. Americans are using steel at the alltime record annual rate of 1,350 Ibs. per capita, and demand is mounting steadily for consumer goods and a host of new steel products, e.g., stainless steel sheathing for buildings. Last week in Cleveland, Republic Steel Corp. announced plans for a $130 million plant expansion program that will boost its capacity 16% to 11.8 million tons a year within 20 months. Said Republic's President Charles M. White. 64, who succeeded tough Tom Girdler...
...case, few steel companies are in better shape to take a bigger bite of the market than Republic. Third biggest U.S. steelmaker (after U.S. Steel and Bethlehem) and top producer of alloy and stainless steel. Republic specializes in the light "growth" steels which go into industry's mushrooming output of autos. kitchen appliances, air conditioners, etc. Largely as a result of specialization, technical advances, e.g., high-pressure blast furnace blowing and strategic location of its eleven steel mills and 30 fabricating plants, Republic has made money steadily over a 2O-year period. With its new facilities, Republic will have...
...experimental Bell X2, already tested in glides from 30,000 ft., is now ready for even faster powered flight through the "thermal thicket." Launched, like the X-1A, from a mother plane, and pushed by a rocket engine designed to give a 16,000-lb. thrust, the slim-nosed, stainless steel X-2 will be used mainly to explore the effects of high speed and air friction on the metals used in aircraft building. In an emergency the capsule-enclosed cockpit can be ejected from the new plane; after it falls by parachute to a safe altitude, the pilot...
...first atomic energy reactor specifically designed for medical treatment and research is to be built for the University of California at Los Angeles. Its heart will be a foot-thick sphere of stainless steel containing uranyl sulfate enriched with uranium 235. Operating normally at 5 kw., the reactor will "burn" one ounce of fuel in 20 years, will provide gamma rays and neutrons for treating cancer patients as well as radiation for other research...