Word: backlog
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Dates: during 1950-1959
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...ceiling was close to zero six years ago when Douglas engineers first went to work on plans for the Skyrockets, the week of V-J day. War's end sent Douglas' $2 billion Government backlog tumbling to $60 million, shut down three of his war-built plants, cut his labor force from its peak of 167,000 to a mere 12,000. Douglas thought the future looked so grim that he considered branching out into other products, checked into the possibilities of making everything from mailboxes and cream separators to prefabricated houses. By 1947, he had gone...
With rearmament, Douglas Aircraft began fleshing out to something like World War II proportions. It now has a whopping $1 billion backlog- outranked only by Convair and Boeing-for fighters, transports and attack bombers. Douglas is now the only U.S. planebuilder making planes driven by every existing form of aircraft propulsion: piston engines, turboprop, jet and rocket. Employment has climbed to 45,000 and is expected to reach 100,000. Moreover, Douglas has plowed $1,000,000 into a Santa Monica, Calif. plant, where it is now building guided missiles for the Navy (the Sparrow) and the Army (the Nike...
With its new "T-45" engine, the Solaramic process and a $78 million backlog in orders, President Price, now 56, expects sales to double this year, hit the $50 million mark. He expects the net to be up also. In the first quarter it was $248,300 or 52? a share v. 21? last year. Prospects looked so good that Solar stock jumped from 15⅛ to 21¼ in the last month...
...Although output has doubled since the Korean war began, machine tools are in such short supply that the industry will have to use up much of its own output to set new machine-tool producers up in business. Meanwhile, it hacks away at a $1 billion backlog of urgent orders...
...oblige a friend, he helped Mercury Records get a big backlog of pop songs recorded, found he liked the work. In a short time, as repertory boss for Mercury, he had Vic Damone and Frankie Laine turning out smash hits, topped 1,000,000 copies apiece with such numbers as Cry of the Wild Goose, Mule Train, and Lucky Old Sun. Then came the move to the bigger job at Columbia...