Word: threeyears
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...Last week American Can Co. and Continental Can Co., Big Two of the U.S. can-manufacturing industry (see BUSINESS), signed new threeyear, 28.2?-an-hour-more contracts with Dave McDonald's Steelworkers-and promptly announced that can prices would have...
...triple Continental's sales (to $1.1 billion) and earnings (to $41 million), drive it from second place, well behind American Can, into position as the big gest U.S. container company. Last week General Clay pulled off an important maneuver: he settled with the Steelworkers Union for a threeyear, 28.2?-an-hour package, thus averting a possible strike...
...package-the level at which California's Edgar Kaiser had urged his fellow steel men to settle. Industry's Cooper stonily told the fact finders that McDonald's package would really cost 33?, and the proposal was "unacceptable"; in its place he stood on a threeyear, 30? package (which the steelworkers said was worth only 14½ over the next two years) and put forward an industry proposal to submit the demand for work-rule changes to binding arbitration. McDonald called this proposal "phony." There was still no bargaining, no "give...
Japan's fast-growing electronics industry scored a notable success. Under a threeyear, $8,000,000 contract, Tokyo Shibaura Electric Co. began turning out upward of 75,000 transistor radios, 800,000 transistors, and 1,000,000 vacuum tubes annually for International General Electric, to be resold under the I.G.E. name in Europe, Asia and Africa. I.G.E. was the second major U.S. electronics company to decide to make a deal this year with the Japanese. In April Motorola put on sale in the U.S. a $29.95 shirt-pocket-size transistor radio with most of its parts made in Japan...
...second group of teen-agers will learn trades or professions in threeyear, "secondary general-educational labor polytechnical schools." They will not escape calluses; the schools will be associated with factories or collective farms...