Word: bendix
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Dates: during 1920-1929
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Besides the Fokker Aircraft interest General Motors owns a large block of stock in Bendix Aviation Corp., accessory manufacturers selling to the entire industry...
Last August Vincent Bendix, industrialist son of a Methodist minister, who starts and stops most of the world's automobiles (Bendix Drive, Mechanical Four-Wheel Brakes), gave to Swedish Explorer Sven Anders Hedin $135,000 with which to proceed to China, draw plans of two ancient Lama temples and buy their trappings. Last week Mr. Bendix was thanked by King Gustaf of Sweden for one of these temples which he had given to Stockholm. It will cost some $65,000, will be erected by Explorer Hedin, who will assemble the other one, also at Bendix expense, in Chicago. Purpose...
...Bendix Aviation is another channel whereby General Motors has recently entered aviation. Bendix Aviation combines Bendix Brake Co., Eclipse Machine Co., Delco Aviation, Stromberg Motor Devices and Scintilla Magneto, and since last week Pioneer Instrument. In forming Bendix Aviation the Curtiss, Wright, United and Aviation Corp. interests worked with General Motors...
...stock of the Dayton-Wright Co., assets of which consist mainly of Wright Field, Dayton Aviation Field adjoining the famed but abandoned McCook Field (Wartime Army aviation center) and also a large number of aviation patents.* Following so closely upon General Motors' acquisition of a 25% interest in Bendix Aviation Corp., makers of airplane accessories (TIME, April 22), the Fokker transaction emphatically located General Motors in the aviation field...
...also rumored last week that General Motors would take a 15 million dollar interest in Aviation Corp., 200 million dollar aircraft holding company, which would then take over Delco-Remy (General Motors subsidiary) and Bendix...