ARMAMENT Bonanza Defense manufacturers, sorely pressed for machine tools, last week struck a bonanza. Representatives of 493 companies hustled to a huge (115 acres) plant in Marietta, Ga., which Lockheed is now clearing out to make room for planemaking. There they found more than $400 million in machine tools—everything from palm-sized micrometers to 573-ton hydraulic presses. The U.S. Air Force had mothballed the tools five years ago, and has been slowly leasing them out. But last week the Air Force decided to rent everything in the place, at week's end had 2,425...
To continue reading:
or
Log-In
