Word: backlogs
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CHRYSLER'S new models are going over so well that fourth-quarter production schedules have been upped by 30,000 cars (to 280,000). New orders, said the company, are flooding in at the rate of 10,000 a day. Total order backlog: 350,000 cars...
Meanwhile, Bunker was also unclogging Martin's production line. In addition to its drawbacks, the company had distinct assets. Among them: a $369 million backlog, a $40 million tax-loss carry-forward, and "one of the best technical groups in the business." Bunker freely admitted that he knew nothing about airplanes, but he did know about good management, which was Martin's sorest need. He boosted morale by giving his top-management men leeway to make their own decisions, thus speeded up lagging production. To reward them, Bunker set up plans for bonuses and stock options. (Bunker himself...
...contrast, Herter has a solid backlog of party support and legislative achievement. In the first half of his term nearly 95 percent of his recommended legislation became law, and since then party loyalty has not dwindled. Despite Democratic fears to the contrary, the Herter record indicates that tax reductions need not bring a stagnation of public programs. In addition to the projects already mentioned, Herter has expanded state educational facilities, created low cost housing for senior citizens, and increased payments under unemployment compensating. He also succeeded in the long neglected streamlining of several departments that grew in sprawling and wasteful...
With greater wage potential and better possibilities of taking out loans from the Financial Aid Center, more students will now be able, according to Miss Gladys M. Fales, supervisor of the Student Employment Office, to build up a backlog of earnings in one year. Savings from one year may provide a trip abroad the following summer or eventual graduate school study...
...planes for civilian and military pilots, and has blossomed into the largest U.S. commercial light-plane manufacturer.* Its total assets are more than $21 million, and 1953 sales topped $43 million. The company has three plants (all paid for), 4,000 employees and a booming military business (backlog: $43.4 million), making everything from light liaison planes to tails for Boeing's B-47 jet bomber...