Word: tte
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...steel market, mergers to streamline production are becoming a must for survival. For a year now, 29 German steel producers have been coordinating their sales and investments through four regional cartels regarded as laboratories for eventual mergers. Last week two major steel companies, the legendary August Thyssen-Hütte and the oldest Ruhr steel producer, Hüttenwerk Oberhausen A.G. (HOAG), announced merger plans that would make them the world's fourth largest steel company, after U.S. Steel, the recently nationalized British Steel Corp. and Bethlehem Steel...
...German steelmaker, took the plunge last year when it absorbed Dortmund-Hörder Hüttenunion. Until recently, Krupp was believed to be considering merging with Thyssen; now Klöckner is said to be a potential Krupp partner. And two more companies, Salzgitter and Ilseder Hütte, are eyeing each other as possible mates...
Rumania has been buying from a horde of hungry Westerners. The West German firm of Gutehoffnungshütte won a $20 million share in building the mammoth Galati Steel Mill at the Rumanian end of the Danube-and when the deal was consummated, at a candle-light-cum-gypsy-violin blowout in Bucharest, the Rumanian Deputy Minister for Heavy Industry, Constantin Nācutā, executed a neat hora on the tabletop. Demag and Siemens, Krupp and M.A.N. all add to a German investment in Rumania that exceeds $50 million. Italy's Orlandi is building...
...industry orders are down to a two-month backlog, cut the work week for 1,500 men. Britain's Richard Thomas & Baldwin-the only large steelmaker still nationalized-announced plans to shut down two open hearths at Ebbw Vale, thus idling 300 men. Giant August Thyssen-Hütte, Europe's biggest steel company, gloomily expects to cut its work hours soon...