Word: packard
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Dates: during 1980-1980
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...lead is widening. Electronics firms head the rush; many have picked up their chips and headed east from California's Silicon Valley. Though Denver still draws the energy companies, lots of the newest arrivals are moving into Salt Lake City, Boise, Tucson and Albuquerque. In four years Hewlett-Packard has built a four-building plant employing 2,800 people in Boise, joining longtime residents Boise Cascade (34,000 workers) and Morrison-Knudsen (17,000). Hewlett-Packard has also settled in Colorado Springs, along with Texas Instruments, TRW and Honeywell. Intel, the hottest microchip company in the country, plans...
...companies clustered in Santa Clara County's famed Silicon Valley flourish along with the aerospace industry. But after flashing into the age of microprocessors during the past decade, the microchip industry is drawing up its wagons, wondering if it can withstand an onslaught from the Orient. Warns Hewlett-Packard President John Young: "The Japanese are learning how the game is played and how it's scored...
...they would to any other, with a silent question: Who-me? Such bewilderment is understandable. The truth is that during the nation's rush to mid-century prosperity the notion of individual frugality practically went out of business. "Prodigality is the spirit of the era," Social Critic Vance Packard declared in The Waste Makers 20 years ago. There has been no reason since to change that judgment. "Waste not, want not" has persisted only as a saying, and most people have fallen out of the habit of taking it personally...