Word: willes
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Dates: during 1950-1959
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CHANCE VOUGHT AIRCRAFT, hard hit by defense cutbacks, will become a major maker of mobile housing units. It bought two house-trailer manufacturers, General Coach Works, ABC Coach Co., and will add a third, Mid-States Corp. Three firms' combined 1959 sales: $60 million.
PROJECT MERCURY, which will rocket a man into space, will cost $100 million more than the $250 million that the National Aeronautics and Space Administration originally estimated. Increases are for more expensive capsules, boosters, and a bigger range of operations.
As the price of settlement, Continental Can- and rival American Can- will raise prices. But for Old Strategist Clay, that is only withdrawing to a well-prepared position. Continental has made two price cuts, totaling 3%, in the last year, will have to restore only 1½% to meet the...
¶Logan Truax Johnston, 60, was elected president and chief executive officer of Armco Steel Corp., succeeding Ralph Larrabee Gray, 65, who will become chairman. Pittsburgh-born Logan Johnston started in the steel industry in 1925 as a salesman for Columbia Steel Co. of Butler, Pa., joined Armco in 1927...
Last week, as his latest shipment of sheep was okayed by federal inspectors, U.S. sheep raisers called for quotas, higher tariffs, or anything else that would stop the shipments. Said rival California Rancher Clay Broadbent: "Either we stop the Australian sheep-or regulate the flow of them-or it will...