Word: tenneco
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Dates: during 1960-1969
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...complete when the contract was signed. Some deliveries of parts were late, and the builder's costs went up. Overruns now exceed $116 million, and the Navy has no choice but to settle up. Newport News Shipbuilding and Dry Dock Co., owned by the Houston-based conglomerate Tenneco, is the only yard in the U.S. big enough to put together carriers of the Nimitz class...
Sexier in Slacks? There are exceptions, of course. "Although our employees dress real kicky and high fashion," says a spokesman for Tenneco Corp. of Houston, "I don't think pants would fit into that picture." On the other hand, pants are fairly common around publishing companies, advertising agencies and show-business offices. Such top restaurants as Chasen's in Los Angeles and the Colony in Manhattan, both of which used to ban pants from their premises, no longer turn them away. Arriving at New York's 21 last month, Comedienne Judy Carne of Laugh-In well knew...
...Among its clients: Heinz, Ford, Manufacturers Hanover Trust, Upjohn, Brunswick, Inland Steel, Union Carbide, PepsiCo, Emhart and Tenneco...
...Textron Inc., the big conglomerate exceeded its record 1967 first quarter with sales of $380 million (up 124%) and earnings of $15.8 million (up 14.7%). Another conglomerate, Tenneco Inc., reported a 4% rise in earnings...