Word: tools
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Dates: during 1950-1959
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...Machine-tool makers say their business is the "first to feel a recession, the last to recover." Back in January 1956-when the rest of the U.S. economy was still going up-machine-tool orders began skidding from their boom level of $125 million a month. Last week signs appeared that they were on the upturn again...
...good many toolmakers want to see more proof. Said an officer of the Atlantic Machine Tool Works serving the Hartford area: "Sure, the tool business in Connecticut is looking up. When you are flat on your back, where else can you look but up?" Pratt & Whitney Co.'s machine-tool plant at West Hartford says that employment is still off 25% from September. Not until general business improves will the tool business really...
...studying at U.S. military establishments. He threatened to end all military and aid pacts with the U.S.. including the one under which the U.S. runs a missile-tracking station in the Dominican Republic. He sniffed that since the Army Command and General Staff College has become a "political tool," its diploma "cannot constitute an honor to anyone...
...flew it over the Pacific at 360 m.p.h. (top speed: 600 m.p.h.). Said President Donald W. Douglas Jr.: "It looked standard. Like it's going to look in every airport in the world every day." Douglas spent $250 million to design and tool up for its jet, has orders from 17 airlines for 138 planes. It expects to deliver the first in mid-1959. But even with $700 million in orders, the company is still far from breaking even, will be looking for additional sales for some time to come...
...MACHINE-TOOL ORDERS, one of the economy's barometers, fell 22% from March to April after three months of climb. New orders in April totaled $28.3 million, with almost one-fourth from foreign lands, where automakers continue to buy U.S. tools...