Word: backlog
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...lapels of their best blue suits. The companies that make machine tools are as individualistic as their workmen. Most of them started as small family enterprises, and have not far outgrown that stage. Because of their independence, no man can say with certainty what machine tools' backlog is. Even the Department of Commerce last week had to content itself by saying that, like the aircraft industry, machine tools' business had resisted the declining trend during the first two months...
...typical of the business on hand was the backlog of one of the big machine tool makers, Niles-Bement-Pond Co., which last fall got out of its antiquated 23-building plant in Hartford, Conn., and moved across town to a new factory under a single roof. N-B-P, which operates the Pratt & Whitney* tool works, last week had a backlog of $8,700,000, up 400% from last year. Its bulky president, 65-year-old Clayton Raymond Burt, who served his toolmaking apprenticeship with big Brown & Sharpe back in the early 19005, like the rest of the industry...
...this boom in machine tools, the U. S. aircraft industry, with a backlog of $750,000,000 and $1,000,000,000 more in sight in Allied orders, was chiefly responsible. But many other domestic orders were keeping toolmen on the hop. The automobile industry, which spent handsomely for 1940-model tooling, is already handing out fat orders for 1941 models. Army and Navy have been buying heavily and secretly for their industrial mobilization plans. Topping all is an expanding export trade for aircraft plants and arsenals in Europe, particularly France, Great Britain and Sweden. In normal times exports take...
...figurative song. Three hundred acres of tangled mangrove, pine, palm and sandy beach, just off the Florida Gulf Coast 23 miles northwest of Tampa, the property (Hog Island to the natives; Caladesi to mapmakers) apparently wasn't worth much in the nude. Promoter Washburn, who holds a big backlog of Florida real estate (including some $250,000 worth of cheaply bought Gulf Coast property), saw possibilities in Hog Island...
...allow much dent in high current inventories. Federal Reserve Board production index, 128 in December, will probably be 120 for January, but this includes a seasonal adjustment which penalizes January for not being better than December. Actually, many production lines were kept close to capacity all month by backlog orders left over from 1939. Only now are unfilled orders being cleaned up, a real decline in output getting under...