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Lower taxes, lower salaries, affordable housing and less red tape also showed companies on both coasts, and especially in high-cost California, that they could operate less expensively in the Rockies. That has given the mountain states a leg up in the interregional competition popularly known as "smokestack chasing." Companies discovered that even after factoring in transportation costs, basing themselves inland could be advantageous. This spring Rio Rancho, New Mexico, used a $114 million tax-incentive package to lure Intel into expanding its local semiconductor plant. The deal was the largest private investment in a U.S. city by a single...

Author: /time Magazine | Title: The Rockies: Sky's The Limit | 9/6/1993 | See Source »

...SMART BOMB DOWN THE SMOKESTACK of the financial part of the Cali cartel's operations," said U.S. Deputy Attorney General George Terwilliger. ! The Desert Storm terminology seemed at odds with the central metaphor of Operation Green Ice, the international drug bust that broke up the complex financial infrastructure of Colombia's premier cocaine cartel. But the effect was at least as impressive. Law-enforcement officials from the U.S. and seven other nations coordinated an assault of unprecedented depth and scope on Cali's network of money managers and distributors. At week's end, more than 165 people had been arrested...

Author: /time Magazine | Title: Follow The Money | 10/12/1992 | See Source »

...town of Oak Park, Ill., blocked a private Catholic hospital from erecting a cross on its own smokestack because, councilors say, some local residents would be offended...

Author: /time Magazine | Title: America's Holy War | 12/9/1991 | See Source »

...ridiculously easy to make; even a chemical used in ink for ball-point pens can readily be treated to form mustard gas. Verification proposals include "black box" sensors installed at chemical plants to analyze randomly what is being produced; another idea is to aim laser infrared radars at smokestack plumes. While such techniques would not be perfect, says a U.S. official, "chemical weapons are so difficult to control that any slowing down of the train is valuable." The same could be said of nukes. Although it has prevented diversion of materials from peaceful uses, the IAEA hasn't solved...

Author: /time Magazine | Title: Disarmament: How to Hide an A-Bomb | 7/8/1991 | See Source »

...after a few hours, and there is a break of at least a few more hours before another inversion occurs. As the air grows more polluted, however, environmentalists fear the creation of a lethal inversion that remains fixed for days -- like the one that killed 20 people in the smokestack town of Donora, Pa., in 1948 or the killer fog that claimed the lives of 4,000 people in London in 1952. Even with the closure of the Azcapotzalco refinery, both Mexico's government and its industry will have to work harder at controlling pollution for years to come before...

Author: /time Magazine | Title: Mexico City's Menacing Air | 4/1/1991 | See Source »

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