Word: zinc
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...whole family of copiers, Litton introduced the desktop Roy fax 7, which spins out seven dry copies a minute, reproduces documents as varied as 51-in. invoices and 362-ft. seismographic tapes. Introducing a tantalizing gimmick, Litton plans to install the machines for nothing, make its money by selling zinc oxide-coated paper for them at 4? per letter-size sheet...
...well: since 1958, it has multiplied its annual sales 22-fold to $175 million, acquired 57 companies that make products as diverse as guitars, jet-engine parts and survival equipment for spacemen. Last week, in its most ambitious diversification, G. & W. made a deal to merge with New Jersey Zinc Co. If shareholders of both companies approve as expected, G. & W. will take over the biggest U.S. miner of zinc, a metal that is increasingly in demand for missiles, artillery shells and autos...
...York City's Ward Foods (TipTop bread) and the Bohack supermarket chain (196 stores). When acting for G. & W., Bluhdorn often uses stock instead of cash to buy out companies, shuns ailing firms. "We have no time to be doctors," he says. The deal for New Jersey Zinc will involve $150 million in cash and stock and is expected to be completed in December. It will give G. & W. quite a boost, raising its overall annual sales rate to $300 million...
...MATERIALS: In a $660 billion economy, the mild and manageable defense demands are not nearly great enough to require allotments or rationing. If need be, the Government can draw upon strategic stockpiles of 100 critical materials from aluminum to zinc...
Bratwurst & Bordelaise. The cries can be heard from South Australia, where migrants are hard at work on a new zinc-recovery plant at Port Pirie, to remote eastern Queensland, where they are helping build Gladstone's $117 million alumina refinery. New workers are most urgently needed in the far-out outback of Western Australia, where some of the world's richest iron-ore reserves have been discovered since 1960 and are being developed in company with a whole clutch of vast new enterprises, notably a $100 million steel complex, bauxite mines, $100 million worth of oil refineries...