Word: corp
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...years, even though those technical breakthroughs have increased the bewilderment and helplessness of TV repairmen. Motorola reckons that it has increased the productivity of its white-collar workers as much as 20% by giving them output standards to meet. In a popular new system called PACE, developed by Northrop Corp., inspectors wander through work areas recording what each employee is doing at any given moment and clocking time spent...
After a decade of struggle for survival in the turbulent appliance market, Chairman Elisha ("Bud") Gray II, 56, of Whirlpool Corp., could sit back in his office at Benton Harbor, Mich., and comfortably feel the battle won. Sales -more than two-thirds from making Kenmore "white goods" for Sears (which owns 19% of Whirlpool)-hit a record $465 million last year. Earnings were rising smartly. Appliance Buyers Credit Corp., Whirlpool's 80%-owned subsidiary to finance retail sales of its appliances, turned a profit for the first time in 1962. It earned...
...been examining the books for six years, found that $15 million to $18 million of the receivables consist of noncollectable bad paper. This will cut Whirlpool's aftertax earnings as much as $10 million for the year in 1963. A loss of unknown dimensions also faces Carrier Corp., the Rochester, N.Y., air-conditioning manufacturer that owns the remaining 20% of the subsidiary...
Died. John Clifford Garrett, 55, founder (in 1936) and chairman of the $206 million Garrett Corp., who built his company on thin air, pioneering aircraft pressurization in World War II, and expanding with the industry until today Garrett supplies 2,000 aerospace products, including the oxygen gear for the Mercury astronauts; of a heart attack; in Beverly Hills...
...Hard-pressed Northeast Airlines faced the loss of six jetliners and nine turboprop planes. General Dynamics Corp. and Vickers-Armstrongs Ltd. moved to repossess their planes after a CAB examiner recommended that Northeast be refused a permanent certificate to fly the Miami-New York run. Without this route, most airline experts feel, Northeast has next to no chance of survival. Through his attorneys, elusive Industrialist Howard Hughes, who controls Northeast, began intense negotiations to stall off Vickers and General Dynamics until he can line up other planes to keep Northeast flying. He obviously hopes to find a merger partner...