Word: kaiser
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Dates: during 1950-1959
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County, Pa.,* midway between the site of United States Steel's $400 million Fairless Works and the Kaiser Metal Products plant on the Delaware River. There the Levitts will build Levittown, Pa., a 16,000-home community second only in size to their Long Island Levittown's 17,546 houses...
Bill & Al should have no trouble finding customers for their houses. By the time U.S. Steel and Kaiser have their plants running, 14,500 workers alone will have moved into the area, whose total population is expected to grow by at least 32,000. If the Bucks County site is declared a critical defense area, as Bill Levitt is confident it will be, he will get priorities on scarce materials, and credit restrictions will be lifted since the houses will sell for less than $12,000. The Levitts have bought 2,500 acres (average price: $1,100 an acre). They...
...broke the bottleneck was Clay Bedford, 48, a production-engineering expert on loan from Kaiser-Frazer Corp. Charlie Wilson brought him to Washington last May (at no salary) as his production troubleshooter, because he knew that Clay Bedford was the production brain behind just about every one of Kaiser's most spectacular projects...
Wilson had good reason for his candid answer. When he decided last winter that the U.S. needed a second boost in aluminum capacity, he wanted to get it from those who had the know-how to supply it -Alcoa, Reynolds and Kaiser, the industry's Big Three. But Celler, who heads a House subcommittee investigating monopolies, objected. The U.S. had just beaten down Alcoa's monopoly, said he; now it was threatened by an "oligarchy" in aluminum. When the Justice Department gravely nodded its head in agreement...
Instead, Charlie Wilson, fed up with the delay, prodded out quick tax write-off approval for the expansion plans of the Big Three: an 85,000-ton Texas plant for Alcoa, a 120,000-ton expansion for Kaiser, 20,000 tons of new capacity for Reynolds at Longview, Wash. Total approved expansion for the Big Three since Korea: 545,000 tons. Approved expansion by newcomers: 0. Even Manny Celler and the Justice Department had finally come around to the view that if the U.S. wanted more aluminum fast, it had to go to the people who had the money...