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...executives, Nathaniel B. Barclay and Martin Matthews, who quit at the same time, he Bounded Snow Crop. With only $35,000 in capital, the three lined up 13 packers of frozen foods and vegetables, were the first to sell frozen orange concentrate on a national scale. Their orange juice supplier: Vacuum Foods Corp., which later produced juice under its own Minute Maid label. Snow Crop's fast move into he frozen-food market paid off: by the end of 1946 it was grossing $3,200,000 year...

Author: /time Magazine | Title: FOOD: Cold & Juicy | 7/17/1950 | See Source »

...Price. The "victory" cost each of Chrysler's 89,000 workers more than three months of hardship and an average of $1,038 in lost wages. It cost about 50,000 workers in Chrysler supplier plants nearly $12 million in paychecks, although they were not on strike, and it deprived Chrysler and its dealers of 518,000 new cars and trucks worth more than $1 billion. It cost Reuther, normally one of the adroitest of negotiators and ablest of labor leaders, considerable prestige; there was strong dissatisfaction in his own ranks because of his arbitrary handling of the strike...

Author: /time Magazine | Title: LABOR: What's There to Celebrate? | 5/15/1950 | See Source »

...still far & away the leading supplier to the hemisphere, which remains, after the ECA countries, the leading U.S. market abroad. The U.S. will probably keep many of its wartime gains. In the Caribbean countries it will continue to dominate trade for the good reason that its business there runs on a two-way street. But in Argentina and Uruguay, and to a lesser extent in Brazil, Chile and Peru, the U.S. will have to reconcile itself to the European trend...

Author: /time Magazine | Title: Europe Is Back | 3/13/1950 | See Source »

From the time he took over his father's lumber company and foundry in 1930, Kurth sought ways to make them bigger. Since his Lufkin Foundry & Machine Co. depended on outside companies for its castings, Kurth set up Texas Foundries, Inc. as his own supplier. It soon became the biggest Southern producer of malleable iron castings. The two companies now have combined sales of some $17.5 million a year...

Author: /time Magazine | Title: CORPORATIONS: Mister East Texas | 12/26/1949 | See Source »

Steel for Henry. When Henry Kaiser fell out with Cyrus Eaton, his Kaiser-Frazer Corp. lost its big supplier of steel, Eaton's Portsmouth (Ohio) Steel Corp. To plug the gap, K-F last week paid some $3.6 million for the Phoenixville (Pa.) plant of the Phoenix-Apollo Steel Co., which has a capacity of around 26,000 tons a month of finished and semi-finished steel...

Author: /time Magazine | Title: STATE OF BUSINESS: Facts & Figures, Nov. 29, 1948 | 11/29/1948 | See Source »

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