Word: eastmans
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...companies hesitate to talk publicly about their growing air fleets. They fear that stockholders might think the planes are used only for junkets and fishing trips. But few companies will buy, and fewer plane makers will sell, a plane unless it adds to the customer's profit. Eastman Kodak, U.S. Steel, International Business Machines, Firestone Tire & Rubber, Socony Mobil Oil Co and Texas Co. all have fleets ranging from puddle jumpers to four-engined DC-6Bs and turbo prop Vickers Viscounts. They find them worth their cost many times over in shuttling men and equipment around their widely diversified...
...Consolidated Edison Co. is one of the pioneers, in 1952 underwrote the cost of setting up a consultation clinic at New York University-Bellevue Medical Clinic which has since been joined by 13 other companies, including Bell Telephone Laboratories, Metropolitan Life Insurance, the New York Times. Du Pont, Eastman Kodak, Allis-Chalmers and Boeing Airplane all have excellent and extensive programs of their own for rehabilitating alcoholics. Scores of other companies have informal programs or refer their workers to outside clinics, psychiatric help or such organizations as Alcoholics Anonymous, Chicago's Portal House, Boston's Committee on Alcoholism...
Tough Plastic. A new heat-and abrasive-resistant plastic, 100 Tenite Polyethylene, was announced by Eastman Kodak Co. The plastic is so tough that utensils made of it can be sterilized in boiling water or washed in automatic dishwashers...
...side was Du Pont (see below), with a solid 7% increase in both sales and net. Earnings were $2.14 a share, v. $1.99 last year. Owens-Illinois Glass Co. raised its volume and net 4%; Eastman Kodak did even better. On a 10.2% increase in sales (from $175.6 million to $193.5 million), it raised profits 14% (from $22.2 million to $25.4 million...
...German-controlled firm confiscated as alien property in World War II, which the U.S. Government is about to offer for sale. Percy wants the company particularly for its Ansco film division, so that Bell & Howell, which lacks a movie film line, can compete on more equal terms with Eastman Kodak Co., which sells both cameras and film. Says Percy: "As things are now, every time we sell a camera, we make a film customer for our competitors...