Word: bigelow
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CARPET MERGER being arranged between Mohawk Carpet Mills and Alexander Smith will result in the biggest U.S. carpet firm, topping both Bigelow-Sanford and James Lees. To cut costs and boost sagging sales, the two companies will form Masco Industries on a stock exchange of four shares of Masco for each share of Mohawk, one share of Alexander Smith for each share of Masco. Combined sales: $94 million v. $68 million for Bigelow-Sanford, $62 million for James Lees...
...successful use of arena staging in a House dining hall was the major achievement of the evening, and credit for this must go to theatre designer Llewellyn Bigelow and director Roger Graef. It appeared from last night's performance that there are certain problems of access to the stage and blocking still to be solved, but Graef's originality of handling has exploited all the advantages of the arena, even if it has not escaped all its pitfalls...
Randall Thompson '20, Walter Bigelow Rosen Professor of Music, Karl G. Kohn '48, teaching fellow in Music, and the Rev. Russell Woollen have written prices that will occupy a prominent place in the concert...
Since the war, despite the housing boom, rugs have not been selling well. Housewives who hurried out to fill their new homes with furniture, appliances and TV sets often put off rug buying. Such leaders as Bigelow-Sanford, Alexander Smith, James Lees and Mohawk, which once boasted a combined business of $339 million, have been hardest hit of all, seen their overall profits slump by 65%. Partly, the industry blamed its trouble on high costs and consumer resistance. But mostly it is due to a technological revolution in rugmaking that has left the old leaders and their woolen rugs...
...Yonkers, N.Y. woven carpet mill entirely, is moving to four newer mills (TIME, July 5), and is planning to buy a fifth to make new cotton and synthetic rugs. After a $27 million loss since 1950, it expects to be back in the black by July. Last week Bigelow-Sanford Carpet Co., biggest U.S. carpet maker, was closing down its century-old carpet mill at Amsterdam, N.Y. to consolidate production at Thompson ville, Conn., put more emphasis on the new synthetic and cotton fibers. Bigelow-Sanford reported that its 1954 sales were down 7%, its profits off by a staggering...