Word: distributor
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Dates: during 1950-1959
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...short order Walt turned out four cartoons burlesquing contemporary politics, and sold them to a New York distributor. The distributor went broke before he paid off, and Walt soon did the same. But for six months after that, he tried to keep the business going. Some days he had nothing to do but sit and play with the mice that infested the studio. Walt kept a few in a cage in the office, and some of them became quite tame. One mouse known as Mortimer showed no desire at all to escape, so he was made a trusty, and lived...
Hottest Thing in France. Italian-born Motorman Pigozzi, 56, has had a supercharged rise in the French auto business. He left the scrap business in 1926 to become the French distributor of Italy's Fiat cars. When he ran into import and tariff troubles, he took over a small assembly plant in France. In 1934, after assembling 32,000 Fiats, he bought out a bankrupt auto factory near Paris for $300,000 and organized Simca (Sociéte Industrielle de Mécanique et Carrosserie Automobile). Gradually he loosened his ties with Fiat, and today Simca, while it still...
...machine tools, plus its own 55-acre plant at Nanterre, with 9,000 workers and 3,200 machines. Production next year is scheduled at 500 Aronde and 200 Vedette passenger cars a day, about 40% of the French market. The new Vedette so impressed foreign dealers that the Belgian distributor ordered 3,500 and the Swiss distributor 2,500 after the showing last week...
Into the presidency of Philco Corp. last week stepped James H. Carmine, 52. Carmine, who has sold for Philco all his business life, started in 1923 as a Pittsburgh salesman, climbed to executive vice president in 1949. He was responsible for building the vast Philco distributor chain. As successor to William Balderston, 57, who becomes board chairman, Salesman Carmine has a top-priority job: tuning Philco's merchandising to a buyers' market...
...prime example of this is Murchison's Southern Union Gas Co., the foundation stone of his empire. Started as a gas producer and distributor, Southern Union's earnings were strictly limited by state utility commissions. Murchison "spun off" its gas-and-oil holdings into separate corporations, including Delhi Oil, Barker Dome, Aztec Oil & Gas, Arkansas Western Gas and Texas Southeastern Gas, whose earnings as producers were not regulated. Delhi Oil, the biggest of the children, has since wildcatted its way into 215 producing oil and gas wells in six states and oil reserves of more than 11 million...