Word: steeles
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...automotive industry is finally moving from the Iron Age to the Silicon Age," says Timothy Leuliette, president of ITT Automotive, which produces electronic and structural components for the Big Three. "No one should think of Detroit anymore in terms of steel stampings and iron castings. It's the largest consumer-electronics industry in the world. The vehicles are going to become smarter in how they stop smart, how they handle smart, and how they keep you from getting into trouble...
...something different from the usual crop of lawyers. They are the Jacobins in this revolution. After dropping out of college in 1980, Texas Representative Steve Stockman spent a summer homeless on the streets of Fort Worth. Eventually he found shelter with relatives and a job in a steel mill and made his way back to college. In his ear- ly 20s, Tennessee's Zach Wamp struggled back from an addiction to cocaine. The electoral wave of last November, he says, ``was so big that some people crashed ashore who normally would not have been here...
...their suppliers that helped stabilize the stock exchange. One of the oddities of natural disasters is that rebuilding eventually generates a surge in economic growth, and that is almost certain to occur in Japan, where an economic recovery has just begun. Construction firms and the producers who supply the steel, glass, concrete, telephones and machinery they need can expect to do well. Japanese investors were also encouraged by the government's decision last week to subsidize up to 90% of the cost of repairing or replacing public facilities like schools, roads, railroads and the port...
...Japanese corporations in the Hanshin area around Kobe feared at first they had been grievously wounded. The quake halted production at two of Kobe Steel's plants, but one of them went back into operation last week, and the other will be shut down for only a month or so. Toyota and Mazda, expecting no deliveries of parts from the Kobe area, closed several auto plants, then reopened them because supplies arrived...
...piles of bricks and fire-blackened equipment in search of salvageable machined tubing. Noma's one-man operation had supplied makers of car components. Without insurance, he faces total loss. ``I was thinking about retiring, but now I'll have to work,'' he remarked while putting a piece of steel tubing in a bag. He did not have much faith in government ministries: ``We'll have to see how much help they give someone like me. I certainly can't rebuild...