Word: buetow
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Dates: during 1950-1959
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...success is pioneering research and a management that knows how to sell what it discovers. Board Chairman William McKnight, 67, and President Herbert P. Buetow, 56, both of whom worked up through 3M's ranks, are dedicated researchers who plow back 3? of every sales dollar into the search for new products. When an idea catches on, 3M helps customers think up new uses and puts its scientists to work on a whole family of related products. In 1934, 3M brought out a new electrical insulating tape with plastic backing that was such a hit the company soon expanded...