Word: ansco
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Robinson's affinity for pictures began at age 8 with an Ansco camera; he went on to become an Army photographer. With a bankroll of $40,000 from later work as a still photographer, he bought his first business, a bankrupt Baltimore company that removed shipping wax from imported autos. Over the ensuing years, he bought and expanded a Subaru distributorship and developed commercial office space. "In 1987 I looked at the economy and said it's time to be out of the automotive business. I sold my distributorship, lightened up on my real estate and moved to Hollywood...
...Seized by the U.S. Government as German property during World War II, General Aniline & Film Corp. (chemicals, dyes, Ansco Film) has handicaps few U.S. corporations can match: its ownership has been the subject of a 13-year legal battle between the Government and a Swiss holding company, and its board changes hands each time the White House does. Result: profits ($7.2 million last year) are way off the chemical industry's pace. To remedy this, Aniline's new, Kennedy-appointed board last week chose as chairman and chief executive officer U.S. Industries Chairman John I Snyder...
Home Talkies. The first sound camera for home movies was announced by Fairchild Camera & Instrument Corp. The 8-mm. 4½-lb. camera is equipped with microphone and takes a special Ansco film with a magnetic stripe to synchronize sound with picture. Sound can also be dubbed in on silent movies by adding a sound stripe and running both through projector. Price: $239.50 for camera, $7.50 for 100 ft. of film and $249.50 for projector...
...really controlled by Swiss and other non-enemy interests, asked the United Nations International Court of Justice at The Hague to decide who really owns General Aniline. It is a rich prize: under U.S. stewardship, New York-based General Aniline has grown into a vast chemical and camera-supply (Ansco) empire with assets of $163 million and sales last year of $133 million...
...from products that were not even in existence five years ago. President Percy is now eying General Aniline & Film Corp., the German-controlled firm confiscated as alien property in World War II, which the U.S. Government is about to offer for sale. Percy wants the company particularly for its Ansco film division, so that Bell & Howell, which lacks a movie film line, can compete on more equal terms with Eastman Kodak Co., which sells both cameras and film. Says Percy: "As things are now, every time we sell a camera, we make a film customer for our competitors...