Word: marketed
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Dates: during 1960-1969
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...that, Pinay is by common consent De Gaulle's most effective minister. Executing plans drawn up by Economic Braintruster Jacques Rueff, he carried through-without the usual rapid and disastrous rise in prices-the devaluation that gave the franc a strength it had not enjoyed in international markets since 1936. Introducing economic liberalism into France's closed economy, he made the franc convertible, hacked away at government subsidies, even persuaded French business to abandon its traditional protectionism and go wholeheartedly into the Common Market. Heartened by the knowledge that Pinay was at the helm, wealthy Frenchmen repatriated massive...
...Industry Jean-Marcel Jeanneney and Justice Minister Edmond Michelet-had other ideas. To keep the French economy growing, they argued, the government must exercise more active control of business. They wanted to: ¶ Establish a government corporation, similar to Italy's state petroleum monopoly, to refine and market Sahara oil; ¶Adopt West Germany's"co-management" scheme-which would give France's heavily Communist unions seats on the board of directors of every important French company; ¶ Set up a government bank to make loans to ailing industries...
...factories at Augsburg and Berlin, put up others in Scotland, Sweden, France, Brazil, Japan. Then came the new products: registers and calculators of every description. N.C.R. developed an automated electronic bookkeeping system for banks, added sales of $70 million in the first two years the system was on the market...
...three major units that Minister Sandys hopes for. Still unspoken for are Fairey Aviation Co., Rotodyne aircraft developer; Handley Page, an R.A.F. jet bomber maker; and such firms as Hunting Aircraft, Short Bros. & Harland, and Westland Aircraft, Britain's leading helicopter maker. But with a dwindling market for military aircraft (less than 50% of industry sales last year v. 65% in 1956) plus U.S. dominance in long-range jetliners, amalgamation appears to be an economic must...
Electron Cutter. United Aircraft Corp.'s Hamilton Standard Division (propellers) will put on the market a machine, developed by West Germany's Carl Zeiss Foundation, that uses electron beams to weld, mill and drill hair-fine holes in the hardest known materials, e.g., quartz, tungsten, zirconium. An electron gun fires beams that boost the temperature on the surface of the material up to 11,000° F. ; it can cut 100 holes in a straight line across a pinhead, drill a sapphire watch bearing in six seconds, weld a tough nu clear reactor core. Lease price: about...