Word: fairless
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From U.S. Steel's sprawling Fairless plant in the East to Pittsburgh's glowing furnaces in the West, Pennsylvania is bursting with prosperity. In Election Year 1956, the voter can savor ground breast of ox at his political picnics. Yet. in the midst of such plenty, a once mighty Pennsylvania institution and a once unbeatable Pennsylvania leader have fallen upon breadcrust-hard times. The institution: Pennsylvania's regular Republican Party organization (still known as the Grundy machine after its longtime boss, stiff-necked Uncle Joe Grundy, now 93 and removed from politics). The leader: Republican Senator James...
More Capacity. To increase production even further, U.S. Steel Corp., which expects to invest $2.5 billion over the next five years to step up output, last week asked the Government for a fast amortization certificate for a $94.4 million expansion at its Fairless Works in Morrisville, Pa. Other steelmakers have filed requests for another $322 million...
...steelman: "Our other customers say that if we get any cutbacks from Detroit, ship the steel to them, for they're hungry." Said another: "We could sell twice as much steel as we're making." To make sure there is enough, American Iron & Steel Institute President Ben Fairless announced that the industry will spend $3 billion to increase output by 5,000,000 tons yearly for each of the next three years...
...Benjamin Fairless, former board chair man of U.S. Steel and newly elected pres ident of the American Iron & Steel Institute, agreed that there is plenty of room for expansion. Every year for the next ten years, said Fairless, 2,000,000 tons should be added to capacity to meet the demands of a growing economy...
...Steel's seventh chairman,* Blough will supervise the forthcoming wage negotiations with the C.I.O. Steelworkers, who have announced that they are out for a fat raise (but no guaranteed annual wage). A longer-term goal, laid out by Ben Fairless: expanding U.S. Steel's annual capacity from 38.9 million tons to 60.9 million tons by 1975-just to keep pace with the growing population. Blough, who likes his golf and spends as much time as possible at his country home in Hawley, Pa., where he often cooks for his wife and two daughters, professed to be unexcited...