Word: steel
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Dates: during 1960-1969
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...week on a hitherto inviolate target: the one-mile Long Bien Bridge. Less than two miles from downtown Hanoi, the French-built bridge carries all the rail and road traffic between the North Vietnamese capital and China. U.S. Thunderchief and Phantom fighter-bombers scored four direct hits on the steel structure, sent a 300-ft. center span-splashing into the Red River. Elsewhere over the North, Air Force fighter-bombers pounded rail yards, and Navy pilots shot down...
...strong are some of today's steel alloys that four one-inch-square bars will easily support the weight of a 125-ton jet airliner. Yet even the best of these metals will crack and shatter if they are subjected to much greater stress. Earlier this month, a research team at the University of California's Lawrence Radiation Laboratory announced development of a super steel alloy that will bear as much as 4 times more pressure than common structural steels without breaking...
Formidable Challenge. The larger production units were created in the hope that British steel will become more competitive. For the time being, all 14 nationalized companies will continue to exist "supported and advised" by Lord Melchett's four boards of regional directors. They will then gradually take over the functions of individual company boards. Duplication will-hopefully-be eliminated from the start, and services and supply of raw materials streamlined to attain greater efficiency. The four units will not compete with each other in price, but in service, quality and productivity. "We will throw up real savings...
...entrance hall of Villa Hiigel, the 200-room stone and steel mansion where Alfried Felix Alwyn Krupp von Bohlen und Halbach was born, 500 business, political and labor leaders gathered late last week for the funeral of the last sole ruler of the Ruhr's most powerful industrial dynasty. After the eulogies, a Krupp band struck up a miners' song called Glueck Auf (Good Fortune) and led the way out through a crowd to a hearse waiting in the rain. Behind followed ten Krupp miners bearing the oaken casket. Visibly in tears was Krupp's longtime confidant...
Proud & Impracticable. Unfortunately for the company, that was about the only Krupp tradition he forsook. Because the third or fourth generation Kruppianer might be turned out of work, Krupp refused to close down money-losing locomotive works and coal and steel operations. The resulting debt of $600 million-highest of any German company-gave the edge last spring to the bankers, who then, in effect, ordained the end of the House of Krupp. Alfried's death was thus only a postscript...