Word: addressographs
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...came as no surprise, but the announcement was a shock anyway. AM International, the 58-year-old maker of office machinery, last week filed for bankruptcy. The company, once known as Addressograph-Multigraph Corp., borrowed heavily over the past several years in a hasty attempt to modernize and expand its line of office equipment. The project proved too costly, and AM International ran up debt that last week...
Better known by its old name of Addressograph Multigraph, AM International has been on the edge of bankruptcy. Even though it canceled ambitious expansion plans and sold off six divisions last year, the company still lost $245 million on sales of only $857 million. In January workers were forced to take a temporary 8% pay cut. AM owes $141 million to a consortium of 21 banks, and has twice violated loan agreements...
...better at making copiers. Though it has only one model and has marketed that for only about two years, IBM is believed already to be No. 3 in the field, behind Xerox and 3M. (Its gains, however, seem to have come at the expense of such concerns as 3M, Addressograph Multigraph, SCM, Sperry Rand and Dennison, rather than Xerox, which retains three-fourths of the global copier market...
...take up less than 10% of the pages, they remain the main motif. The style for the centerfold Playmate was set by the maestro himself. He chose a rather average though well-endowed girl named Charlene Drain who worked in his subscription department. She said the department needed an Addressograph machine. Sure, said Hef, provided she would pose in the nude. She agreed, became "Janet Pilgrim" and appeared in the July 1955 issue. The circulation department got its machine, and "Janet" became, for a while, head of Playboy's readers' service department. She has since married and left for Texas...
...banks, libraries or other places where people will pay for reproductions (probable price per letter-size copy: 100). Long Island's Viewlex displayed a 20-lb. copier that retails for $249.50. Such competitors as A. B. Dick, Copease, Bell & Ho well's Ditto subsidiary and Addressograph's Bruning Division introduced new models that transpose almost all colors and shadings-whose lines in the past have been difficult for the machines to reproduce-into clear black-and-white copies...