Word: bloomfield
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Dates: during 1950-1959
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...choosing Schering as his initial target, Senator Kefauver picked a good example of the high-profit potential of the drug industry. Set up in Bloomfield, N.J., in 1935 by Germans to make sex hormones, Schering had only $3,000,000 in annual sales when the Government confiscated the company in 1942, and put Francis Brown, then a young Government attorney, in charge. The Government sold the company for $29 million in 1952, and within five years its yearly net exceeded that. But success was not guaranteed. A year after the stock went on the market at $17.50, it dropped...
...Cole drives himself as fast as he can. He steps out of bed at 6 a.m., putters around his garden (orchids, Ficus, dracaena and billbergia plants), has a breakfast of cereal and fruit, hops into a black Impala hardtop. He drives the 30 miles from his home in Bloomfield Hills to his Detroit office in 35 minutes, arriving at 8:10 sharp. In a typical day Cole averages a conference almost every half hour, drives more than 150 miles to various Chevy plants, is rarely home before 7 p.m. Like any good mechanic. Cole applies preventive maintenance. He neither drinks...
Bullish. In Bloomfield Hills, Mich., the brokerage firm of Manley, Bennett & Co., at a party celebrating the opening of new offices, served martinis containing purely decorative olives stuffed with ticker tape...
...KATHRYN BLOOMFIELD...
...members) International Union of Electrical, Radio and Machine Workers. Its purpose: to blast General Electric Co., whose decentralization program (TIME, Jan. 12) has created heavy, if temporary, unemployment in cities where plants were shut down. The film shows troubles in Fort Wayne, Ind., Lynn, Mass. and Bloomfield, N.J. A Presbyterian minister argues: "The profit motive has destroyed the human personality." I.U.E. President James Barron Carey himself pleads for sympathy from G.E. and its shareholders...