Word: chesebrough
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Sewing Their Own. Denver's Bride-N-Groom Rental Salon is swamped with orders from women who do not want to spend $200 for a wedding gown. Sales at Chesebrough-Pond's, a producer of moderately priced facial creams and toiletries, increased by 13% in the first three months of 1970. Many women are putting off buying new summer wardrobes and instead are making clothes for themselves. Volume is ahead 80% at Discount Fabrics Inc., a chain in the Pacific Northwest and Alaska. Just as women are sewing their own clothes, they are also growing their own food...
Latching the Door. Donner announced a $1 million G.M. grant to M.I.T. for a four-year study of traffic safety. Chrysler Vice President Harry Chesebrough disclosed that his company's 1966 models will have a new door latch that will substantially reduce the chances of car doors opening in an accident; he also called for the creation of a federal automobile center to coordinate safety programs. All of the executives promised that their 1966 models would have many of the safety devices that the Government has begun to require on its own cars...
Profitable Intangibles. Some clannish companies eventually sell out or merge: Q-Tips, for example, recently merged into Chesebrough-Pond's, and Breck Shampoo into American Cyanamid. A much larger number of successful and independent businesses find ingenious ways to overcame the hurdles. Charles Cassius Gates Jr., president of Denver's Gates Rubber Co., has led his company abroad and diversified it so widely that it now has both egg factories and a mutual fund. To overcome the disadvantages of nepotism, Seattle's Simpson Timber has ruled that the only job open to the owners' family...
...depressed areas. What U.S. companies find most fetching abroad is the chance to make bigger profits than in the U.S., thanks to lower costs and rapidly growing markets. H. J. Heinz makes half its sales in foreign markets, and this half produces two-thirds of all Heinz profits. Chesebrough-Pond's gets 57% of its profits from the 40% foreign slice of its sales, Coca-Cola 40% from 35%, Colgate-Palmolive 64% from 51% and International Telephone & Telegraph 75% from 60%. In most of the industrialized free-world countries, there are few or no restrictions on returning profits...
Tech. 5 Oscar A. Olsen has been directing the personnel work. Sgt. William M. Chesebrough, message center chief, has been boosting everybody's spirits by giving snappy service with mail and messages. Supply Sgt. Carmen J. Riccelli has learned every man's name and has replaced many a torn and tattered garment with garb more suited to students at Harvard. Tech. 4 Robert W. Leonard, Cpl. Roger H. Potter, Tech. 5 George G. Vaughan, Pfe. Harold E. Bloomberg, Tech. 5 A. A. Dickson, and Pvt. John O. Scheuermann are others who have kept the ball rolling smoothly since the students...