Word: steel
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Dates: during 1960-1969
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...largest p.r. companies offer whole teams of specialties within their walls, not unlike systems engineering or medical group practice. A case in point is Hill and Knowlton, today's biggest p.r. firm, with a client roster that includes the Iron and Steel Institute, Procter & Gamble, and Svetlana Alliluyeva. Explains H. & K. President Bert Goss: "Suppose a client walks in with an antitrust suit on his hands. One of our financial men can draft a memo to stockholders immediately; a writer will do a speech for the company president; another will huddle with a law professor and prepare a backgrounder...
...festival part was plenty festive. The throngs watched psychedelic movies, strolled through a mod midway of booths offering everything from underground buttons to paper dresses, dug the din of makeshift steel bands, and scattered over the grounds with guitars and blankets to strum, sing, socialize, or simply sleep. Onstage in the 7,000-seat arena, an English group called The Who set off smoke bombs, smashed a guitar and kicked over their drums. American Singer Jimi Hendrix topped that by plucking his guitar strings with his teeth, and for an encore set the entire instrument on fire...
...record $3.19 billion in 1966, the company's sales in the first quarter of this year fell to $755 million, 4% below their year-earlier level. Profits plunged 24% to $78 million, and the company expects no better results from the April-June quarter. "When autos, electrical appliances, steel and home furnishings are down, it hits us right in the breadbasket," says Treasurer H. Wallace Evans...
...days, when you walked into a drugstore and bought a hand-dipped product, are gone forever." Today, packaged ice-cream accounts for 72% of the 800 million gallons sold annually in the U.S. To win that market, Maryland Cup developed the Flex-E-Fill, a 1,200-lb. stainless steel machine capable of packaging 44 kinds of ice-cream products in different sizes at speeds of up to 200 pieces a minute. The company has "loaned" 300 Flex-E-Fills to dairies, makes its money on the containers they buy to feed the machines...
...foreign capital. The first step, which takes effect next month, raises the limit on outside investment in existing Japanese companies from 15% to a still meager 20%. As far as new ventures go, non-Japanese capital will be allowed a 100% interest in 17 industries such as cement, steel and shipbuilding-areas in which Japanese firms are almost unchallengeable. In 33 other fields, including cameras, watches and plate glass, outsiders will be permitted up to a 50% interest, as long as control stays with Japanese partners...