Word: brunswicker
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Thursday, Dec. 28, the varsity will meet the University of New Brunswick and the next night will take on an Ivy League opponent, Princeton. The winner of the tourney is determined on the basis of a point total...
...Bensinger went to work to develop an automatic pin setter of his own. Brunswick had experimented for years with automatic pin setters, but decided they were too expensive to produce-until A.M.F. proved this judgment wrong. So Bensinger organized a crash program, in 18 months put Brunswick's machine on the market...
...setter caught on, Brunswick's stock began to climb, and Bensinger found it easy to trade the stock for new companies. He took over nine firms, including St. Louis' A. S. Aloe Co., the nation's second largest distributor of laboratory and hospital supplies (first: American Hospital Supply Corp.), MacGregor Sport Products Inc., and Owens Yacht Co., the second biggest U.S. builder of cabin cruisers, behind Chris-Craft. With the new companies, the bowling division's share of the company's total sales has dropped from 75% to about 60% in the past two years...
Bensinger is a hard boss. He has put a vice president over each of Brunswick's six divisions, told them they would get fat bonuses if they did well and would not be around if they did not. Said Bensinger flatly: "I am very demanding. If anyone loafs on his oars, he will have to move over and make room for someone else...
...this is not enough. He is now negotiating to buy the fishing rights for a six-mile stretch of the famed Restigouche River in New Brunswick, where he hopes to set up a camp and catch the big Atlantic salmon that course up the stream each year. He can afford it: since Brunswick's stock has been on its steady climb, the 360,976 shares owned by him and his wife are worth over $25 million...