Word: twentyfold
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Dates: during 1970-1979
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...past decade, Rossignol's capacity has risen twentyfold, to 2 million skis a year of wood, metal, plastic and fiber-glass foam. Because cross-country skis are booming, Boix-Vives plans to double capacity in that department this year to 350,000 skis. But his strategy involves more than expansion of capacity. As volume grew in the mid-'60s, the company's increased productivity enabled Boix-Vives to adopt a policy of, as he puts it, "aggressive pricing"; Rossignol prices stayed completely stable from 1964 all the way to 1972. Today Rossignol produces eight principal lines...
...Street and Fifth Avenue. Raymond Jallow, chief economist of the United California Bank and himself an Iraqi, says he knows of several shopping centers and office buildings that Arabs have bought in California, ranging in price from $1 million to $10 million. Dr. Jallow expects such investment to increase "twentyfold in the next two years...