Word: corpe
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Dates: during 1950-1959
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...electronics highway" Massachusetts alone has some 500 electronics plants. And in Los Angeles, where a new electronics plant is built every fortnight, there are already 470 companies, which poured out products at the rate of $1 billion last year. Of them all, probably the fastest growing is Ramo-Wooldridge Corp., which is a bare three years, seven months old. When it was started in 1953, Ramo-Wooldridge had nothing except the brains of its brilliant founders. President Dean E. Wooldridge and Executive Vice President Simon Ramo. The company now has the vital task of running the technical...
...Worthington Corp. announced its arrival in the Dallas market by sending 300 carrier pigeons to 300 leading builders and contractors. All came home to roost, nearly half bearing invitations for Worthington salesmen to call...
Studebaker-Packard Corp. this week took over the exclusive U.S. distributorship of Germany's Mercedes-Benz cars, priced about $5,000 to $13,000. The deal puts the company back into the luxury-car market, gives it, and Curtiss-Wright, permission to import and manufacture Mercedes-Benz diesel engines and fuel-injection systems. With an eye on the sales surge of cheaper foreign cars, S-P also plans to produce a stripped-down version of its two-door "Champion" this year. Price: about...
Bigger Copter. Vertol Aircraft Corp. unveiled its new commercial helicopters, bigger than any now in commercial use. Adapted from the H21 Work Horse models used by the U.S. Defense Department, the new models range from a utility passenger-cargo model carrying 19 passengers plus cargo, to a custom-fitted executive model. Prices start...
Died. Herbert Halsey Maass, 79, one of the original trustees of the Institute for Advanced Study at Princeton, N.J. (founded 1930) and a board chairman since 1942; after long illness; in Manhattan. Attorney and corporation executive (Pershing Square Building Corp., Consolidated Cigar Corp.), Maass was instrumental in bringing the late Albert Einstein onto the faculty in 1933, presided over the October 1954 meeting which unanimously re-elected Physicist J. Robert Oppenheimer as the institute's director after he had been declared a security risk...