Word: watt
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Another recent headache has been Herbert's pair of 15-watt "Redifor" army radios. For the past four days, fierce geomagnetic storms have prevented Freddy Church from receiving even a routine fix on the camp's drifting position. Even more powerful transmitters located on the nearby U.S. ice island T-3 have recently failed to reach the Naval Arctic Research Lab here...
Church simply broadcasts his message on a 1,000 watt transmitter near Barrow and Herbert acknowledges by tapping out the letter "R" for a few minutes on the one field radio that still operates. Every once in a while, a few of Herbert's weak signals, the only contact between these four men and the rest of the world, penetrates the radio noise...
...once-moribund development is losing its scars under the bold doctoring of Los Angeles-based R. A. Watt Co. Inc., a Boise Cascade Corp. subsidiary that ranks among the nation's five largest residential builders. Since taking over the place a year ago, Watt has renamed it New Bellehurst, refurbished many of its wrecked houses, redesigned others, sold 116 homes for $4,500,000. Having risked $21 million to buy the property out of receivership, Watt expects to wind up in a few years with a tidy profit and a stylish $48 million community of 2,000 homes...
...become increasingly enticing because building can start at once, and there is no need to tie up capital in land inventories. But one after another, builders looked at the wreckage of Bellehurst and declined-even after Long Beach Federal S & L settled its fight with the bank board. Finally, Watt hired a computer, made 31 separate runs over the possibilities of profit and cash return, and decided to take the gamble. Since then, the company has also announced plans to take over the unbuilt portion of a grandiose Middlesex County, N.J., project that went into receivership five years...
Spreading Out. After 19 years of building almost entirely in Southern California (20,000 homes, 5,000 apartments, 52 mobile home parks), Watt has expanded swiftly since joining Boise Cascade in 1966. President Ray A. Watt, 48, a former Douglas Aircraft plant official, has doubled his executive team to a total of 16 men, started several new projects in Northern California, and spread out to Seattle. Next year, he expects to begin building more homes in Chicago and Washington. Watt thus joins the small but growing group of big-volume builders whose ties with capital-rich corporations are enabling them...