Word: tiring
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...Akron's General Tire & Rubber Co. bought a minority interest (60,000 shares, worth $168,000) in the first tire-and-tube company in the Middle East. It will supervise construction of a $1,750,000 plant near Haifa, Israel, to employ 300 people, and will supply plant management and processes to produce 80,000 to 100,000 tires and tubes a year...
...Akron last week, Chairman Litchfield announced that work had begun on a $5,000,000 tire factory on the duchess' old land. When finished, it will turn out some 600 tires a day, provide jobs for 500 Luxembourg workers...
Like many another U.S. businessman, Goodyear Tire & Rubber Co.'s Chairman Paul W. Litchfield was eager to start producing in Europe's prized hard-currency markets. The Netherlands was out of the question, since Litchfield's arch rival, Goodrich, already had a plant there. So was Belgium, which has two tire plants of its own. With the doleful expression of a jilted suitor, Rubberman Litchfield turned his eyes to the tiny (pop. 300,000) Grand Duchy of Luxembourg...
...strike); its currency, like Belgium's, was freely convertible into dollars. Because trade barriers in the Benelux nations are being broken down, Goodyear could produce in Luxembourg and still sell in Belgium and The Netherlands. The job was to convince Luxembourg that it needed a U.S.-owned tire plant...
...started over again ("A man never hits bottom") with the Seiberling Rubber Co. In six years he boosted it from 330th to seventh place in the industry. An unflagging innovator, Seiberling invented the first tire-building machine, built the first Akron,* the ill-fated airship which exploded at Atlantic City in 1912. Last week F.A. decided the time had come to take things easier. At 90, he retired as chairman of Seiberling, leaving his son, President James P. ("Shorty") Seiberling, 51, to run things alone...