Word: unloading
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...Ghawar and Dhahran to prevent the Saudis from blowing up oil refineries, storage tanks and producing wells. After securing the Dhahran airstrip-built by the U.S. and thus familiar-they would wave in the rest of the division. A swarm of C-5As, C-141s and C-130s would unload not only back-up artillery and infantry but also engineers who would get the oilfields working again. Three days after the airborne assault, the Marine units would come ashore by helicopter and landing craft...
...customers to go along with the classier image it was trying to create when the recession arrived; sales dropped, unsold goods piled up-and so did Grant's interest bills. In 1973 alone, Grant's interest costs jumped from $21 million to $51 million. To unload its excess goods, Grants slashed prices by as much as 50% in pre-Christmas sales last month; as a result, total sales fell by a painful 5% in dollar terms in 1974. When the company was unable to meet a $40 million payment on a $600 million short-term loan...
...million or so to help it get over a severe cash shortage caused by plunging sales. Peugeot and Citroen have sought and received financial backing from the French government for a desperation merger. Italy's Fiat, hit by a sharp decline in sales, is struggling to unload an inventory of some 345,000 unsold cars. Meanwhile, a variety of troubles have overtaken the largest auto manufacturer outside the U.S., West Germany's Volkswagen...
Most companies are likely to want to defer expansion programs at least until they can unload the Mt. Everests of unsold goods they have accumulated. Last week the Commerce Department disclosed that largely because of the buildup of unsold autos, business inventories in October rose $5.6 billion, the biggest monthly jump so far this year. Many industries are already operating at only 80% of capacity; they see no urgent reason to increase their production potential in the face of signs that corporate profits may plunge 15% to 20% next year and so long as consumers continue to keep their hands...
Sales have become increasingly better since the summer--usually the dealers can unload all leftover stock before getting their new lines in, but since they couldn't this year, they have been forced to keep on lowering their prices...