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Stanley C. Shapiro...

Author: /time Magazine | Title: Forum, Aug. 2, 1976 | 8/2/1976 | See Source »

...sales more than doubled-to $7.3 billion in 1975-but earnings rose hardly at all. One reason is that the recovery is increasing demand for Du Font's famous products, nylon, Dacron, Lucite, Freon, Teflon and thousands of others. Another reason is the policy of Irving S. Shapiro, who became chairman...

Author: /time Magazine | Title: CORPORATIONS: Mean, Tough S.O.B.s | 8/2/1976 | See Source »

...Shapiro took over a company that had been family managed since the days when it sold gunpowder to Thomas Jefferson and, in the new chairman's view, had been made complacent by its long record of innovations (the most famous: the invention of nylon by Du Pont Scientist Wallace Carothers in the 1930s). Says Shapiro: "There was a smugness, a feeling that we're just a little better than anyone else. It took some bitter experience to cleanse the system...

Author: /time Magazine | Title: CORPORATIONS: Mean, Tough S.O.B.s | 8/2/1976 | See Source »

Securing Supplies. Shapiro restricted research and development spending, concentrating on coming out with few products annually (half a dozen v. 25) and marketing them more heavily. A Du Pont trade show in Manhattan last week displayed numerous ways that manufacturers could use polyester fibers other than in conventional double-knit materials, which appear to be falling out of favor with consumers who have shifted back to cotton and wool. Shapiro has also moved to assure that Du Pont, a major seller of raw materials, has adequate supplies for its own operations. The company has entered into a venture with ARCO...

Author: /time Magazine | Title: CORPORATIONS: Mean, Tough S.O.B.s | 8/2/1976 | See Source »

...organized at the University of Massachusetts as a small show of work by 15 living U.S. artists. There are a few good things in it, notably a Robert Motherwell entitled In Plato 's Cave I, an exquisitely subtle geometrical painting by Agnes Martin, and some sculptures by Joel Shapiro and H.C. Estermann. But the art has been jammed into a Procrustean set of categories - "cultural irony," "narrative art," "objecthood" and so on. It all comes out looking pedagogical and unreal. To read Art Historian Sam Hunter laboring to convince himself and others that Andy Warhol (represented here...

Author: /time Magazine | Title: Art: Phoenix in Venice | 7/26/1976 | See Source »

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