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International business: IRAN.

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  • Additional Information
    • Subject Terms:
      UNITED States; IRAN
    • Abstract:
      The article discusses several major U.S. companies that have retained interests in Iran following the start of the Iranian hostage crisis in 1979. Topics addressed include the continued operation of Gillette's razor blade plant in Tehran, General Motors Corp.'s (GM) stake in Iran's only automobile factory, and U.S. construction companies such as Fluor Corp. that have enjoyed lucrative contracts with Iran. The freezing of Iranian assets in the U.S. is also mentioned.