Word: copier
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Dates: during 1960-1969
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...even as it was sliding into the red, the company was turning a corner. Much of the 1966 loss could be traced to the fact that it had decided to write off its entire inventory of obsolescent machines and concentrate on a new copier called the Super-Stat. President Clayton Rautbord, 40, also increased his company's sales force. The payoff has been handsome. A compact, relatively low-cost ($985) machine, the Super-Stat has caught on where the company's earlier dry-process copiers foundered. Last week Rautbord announced record 1967 sales of $35,618,000. Even...
...price by 3% to speed sales, raised its rental fee 3% to expand revenues. > Xerox also bounded to its 15th successive earnings record, with profits up 36%, to $80 million. Thanks to what Chairman Joseph C. Wilson called an "important reversal" in orders for its once slow-moving 2400 copier, earnings outraced increasing costs. Though the year-long gain was nothing like 1965's 47% leap, Wilson seemed almost embarrassed. Some time in the future, he warned, "our percentage rate of growth must, of course, diminish." - Kennecott Copper, one of the three biggest U.S. copper producers, turned a first...
Since Xerox brought out the first electrostatic copier in 1960, more than 40 companies have elbowed into the increasingly profitable but competitive business, whose sales of $600 million are rising 20% annually. Into the field last week came another major manufacturer: Los Angeles' huge Litton Industries (fiscal 1965 sales: $916 million). As the first of what will ultimately become a whole family of copiers, Litton introduced the desktop Roy fax 7, which spins out seven dry copies a minute, reproduces documents as varied as 51-in. invoices and 362-ft. seismographic tapes. Introducing a tantalizing gimmick, Litton plans...
Follow the Leader. Quicker, cheaper, lighter, more versatile copiers-that is what all the manufacturers are rushing out. At last week's annual Business Equipment Exposition in Manhattan's massive Coliseum, Dennison Manufacturing Co. showed off a new coin-operated copier for use in banks, libraries or other places where people will pay for reproductions (probable price per letter-size copy: 100). Long Island's Viewlex displayed a 20-lb. copier that retails for $249.50. Such competitors as A. B. Dick, Copease, Bell & Ho well's Ditto subsidiary and Addressograph's Bruning Division introduced...
...deeply committed to the film business that it plans to erect a nine-building complex of film plants over the next ten years. Land is also developing a film that will produce instant color transparencies, and negotiating with Tex Thornton's Litton Industries to enter jointly the office-copier business. Polaroid recently opened a film plant in The Netherlands, this fall will open another in Scotland; later this year, U.S. Time will begin producing Swingers in Scotland. One indicator of Polaroid's foreign potential is that in camera-heavy West Germany, despite higher prices than...