Word: caterpillar
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Dates: during 1960-1969
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...Pattern. The new pattern is already emerging. Reuther's 7% will almost certainly spread through the auto industry, and from there to industries less able to afford it. The ink had hardly dried on the Ford contract when the U.A.W. exacted a similar settlement from Caterpillar Tractor Co., which was the first of five farm-equipment makers to face contract negotiations this year. And the United Steelworkers Union last week cranked up for contract talks soon to begin with can manufacturers by issuing a policy paper outlining a Ford-style settlement. For his part Reuther's next task...
...make parts for American Motors Corp. than other U.A.W. workers at A.M.C. went out on a wildcat strike over a minor squabble. And beyond Ford, where it has 160,000 workers on the streets, the U.A.W. has 30 other strikes under way. Among them: a walkout of 25,000 Caterpillar Tractor Co. employees and a strike involving 4,500 Burroughs Corp. workers...
...University of Sonora have designed and built an integrated, diesel-electric-based system that supplies electrical power, makes sea water drinkable, and contributes to lush vegetable growth near the small (pop. 5,000), arid fishing town of Puerto Penasco. Heart of the system is a 60-kw. Caterpillar diesel generator. But unlike other diesel-powered systems, in which about two-thirds of the fuel energy is wasted as heat, the Mexican installation feeds its hot exhaust gases and heated coolant water into a heat exchanger. Sea water pumped through the exchanger is heated to 160° F., and then passed...
...picture nonetheless remains a hysterical hybrid of cinema and opera, a Chinese fever dream of Madame Butterfly when she was just a caterpillar. Still, it is a heartening affirmation that Hong Kong is holding out against the gongs and tongs of its mainland enemies. In their island bastion, Producer Run Run Shaw and his sibling Run Me grind out 40 such Chinese films a year, have become so successful that they now own the biggest show-business empire in Asia. Their movies may be tragedies, but with 132 movie houses and seven amusement parks, the Shaws continue to enjoy...
Tapping the Oyster. Having more than tripled its earnings in five years (to $158 million in 1965), Caterpillar slipped slightly last year. As a capital-goods manufacturer susceptible to economic swings, Cat suffered during the recent downturn from lagging construction, tight credit and curtailment of federal road-building projects. By 1970, however, a four-year, $600 million expansion program will be completed to meet an anticipated surge in worldwide construction, and land development. Says Chairman Blackie: "We have adapted our organization in a manner which treats the world as our oyster...