In his 28 years in Europe with Armco Steel Corp., silver-haired, silver-tongued Robert A. Solborg, 57, has learned to speak eleven foreign languages. Last week Solborg signed three contracts that made good reading in any language. The biggest deal called for Armco to supervise construction and operation of Italy's first continuous strip rolling mill, at the Cornigliano steel plant near Genoa. The mill, which will cost $87 million, will be financed by ECA (32%) and the Italian government, and is one of the first joint attempts by ECA and U.S. private enterprise to help Europe's steel industry.
Solborg also signed...
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