Word: whitneys
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Dates: during 1980-1989
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...exhibition of "Ceramic Sculpture: Six Artists," now on view at Manhattan's Whitney Museum, is meant to mend at least some of the failures of cultural communication between the Atlantic and Pacific coasts of America. In California, for the past 25 years, there has been a strong tradition of clay sculpture. In New York, by contrast, any sort of earthenware was generally felt to be inferior as sculptural material, compared with bronze, steel, stone or wood. By showing the work of six leading Californian clay sculptors. Curators Richard Marshall and Suzanne Foley hope to show once...
...coping with economic pressures. He calls for organization of interdisciplinary programs which place language in a historical, philosophical or sociological context--"Let the curriculum follow the mind, not restrain it." Clearly Giamatti feels most comfortable when discussing his own field (before assuming Yale's presidency in 1978, he was Whitney professor of English and comparative literature...
...United Technologies' main Pratt & Whitney jet engine plant in East Hartford, Conn., dozens of huge, computerized lathes turn out some of the 3,000 finely machined parts that go into the company's latest jet engine, PW2037, destined for use in Boeing's economy airliner, the 757. Six hundred miles away, at the plant of a Pratt & Whitney subcontractor in Walled Lake, Mich., other machines perform equally complex functions, instructed by electronic signals sent over an ordinary telephone line from a computer back in East Hartford...
...work of these bankrollers does not end with an investment of $1 million or so in start-up money. They must then spend perhaps five to seven years nursing along the company with judicious management assistance and usually additional money. In 1969 Whitney helped start Storage Technology Corp. of Louisville, Colo., with an investment of $500,000. The company, which makes advanced computer accessories, had troubles for years until Whitney put one of its people on the company's board. Five years ago, Storage Technology's business finally began to grow as expected, and today it has annual...
...steel fortunes of families such as Rockefeller, Whitney and Phipps provided the bulk of the money for the venture capital market until the early 1960s. The Phipps family's fund, Bessemer Venture Partners, was an early investor in International Paper and Ingersoll-Rand. Laurance Rockefeller in 1938 helped start both Eastern Air Lines and Douglas Aircraft. When younger members of the Rockefeller family decided that they wanted a part of the action, a broader risk fund called Venrock was created in 1969. It has since made lucrative investments in both Intel, a successful semiconductor manufacturer, and Apple Computer...