Word: titanium
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...sunken court lined with shops. The rock garden and waterfall are stylized Japanese. The architecture is playful postmodern with the now standard affectations and allusions to Palladian renaissance. But Isozaki's stylishness is not random. Only a Japanese architect and his craftsmen could use materials as diverse as titanium-glazed tile, glass terrazzo, onyx, inlaid marble of different colors, and gold and silver doorknobs to create an effect of subtlety and restraint...
...engines in C-141 transports and B-52H bombers rose in price from $77.28 to $1,016.70, an increase of 1,215%. Reason: again, clerical error. A major component of the engine for the F-14A fighter zoomed 442%, from $35,189 to $190,855. Reason: the price of titanium rose and a new supplier produced a relatively small number of the parts, boosting the unit price...
...number of the biggest and best-known American steel companies have been diversifying out of the industry. U.S. Steel spent $6.2 billion to acquire Marathon Oil Co. The steel giant is now seeking to sell off a 50% interest in RMI Co., the second largest American producer of titanium, a steel-like strategic metal that is crucial to the aerospace industry, to help pay for the Marathon take over. Meanwhile, National Steel Corp., the sixth largest U.S. producer, has spent $75 million to take over savings and loans in Miami and New York. In 1978 Armco even went...
...greatest pressure in all likelihood will fall on precisely those industries (military aerospace, microelectronics) that are already running near capacity. Later in the decade, as the buildup moves into high gear, the resulting resources squeeze could cause severe shortages of everything from strategic materials such as titanium and graphite to sophisticated specialty machinery and, especially, skilled manpower...
Williams was sentenced for his Abscam bribery and conspiracy conviction of last May. A federal jury concluded that he had accepted a secret stock interest in a Virginia titanium mine and had agreed to use his senatorial influence to gain Government contracts to make the mining venture profitable. The jury also found that Williams had agreed to help gain legal residence in the U.S. for the man offering to sweeten the deal with a $100 million loan, an FBI agent posing as an Arab sheik. The transaction was surreptitiously videotaped by investigators and later shown on television news programs...