Word: tenneco
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Dates: during 1970-1979
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...they turned out to be helpless on a land they could not really understand, clumsy brontosauruses bogged down in rigid procedures. Relying on a labor force that lacked the farmer's single-minded devotion to the soil, they could not make a profit. One after another, United Brands, Tenneco, S.S. Pierce and other companies have retreated from the fields, abandoning some or all of their farm ventures...
...unfortunate education for our citizens that we must have a new source of energy." In Indiana, Senator Birch Bayh rushed to aid farmers by arranging an emergency shipment of grain-drying propane gas from New Jersey's Public Service Electric & Gas Co. and Houston's Tenneco...
...orders, for $269 million, went to General Dynamics; the federal share, which is less for advanced-technology ships like LNGS than for other models, is $64 million. The other order, for $298 million (federal share: $76 million) was bagged by Newport News Shipbuilding & Drydock Co., a subsidiary of Tenneco. Plenty more is on the way: only one-sixth of the 300 ships called for by 1980 in the maritime bill have actually been ordered...
...that U.S. trade with the Soviet Union and most other Communist nations is running at the highest level since World War II, many well-known companies are getting into the act: Occidental Petroleum, Boeing, ITT, Tenneco, Texas Eastern Transmission and dozens of others. But there are smaller, independent toilers in Eastern vineyards who so far have remained relatively obscure. Sometimes acting as middlemen for big deals, sometimes hunting up products and processes to sell on their own, these new Marco Polos have perhaps done more to expand the frontiers of East-West trade than the emissaries of giant corporations. Familiar...
...Exploitation of Siberian natural-gas reserves. Two projects are being explored, one involving on the U.S. side a consortium of Tenneco, Texan Eastern Transmission and Brown & Root, the other El Paso Natural Gas and possibly Occidental Petroleum. The two together could require as much as $10 billion to $14 billion of U.S. development capital, and that may be too much for private U.S. financial institutions. Some new form of Government financing will probably be needed...