Word: ebco
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Refreshment Stand. An office drinking fountain that also supplies steaming hot water for mixing instant coffee, tea, cocoa and soup has been put on sale by Ebco Manufacturing Co., of Columbus, Ohio. A blue button operates either a cold-water bubbler or a faucet; a red one turns on the hot water faucet...
...monopoly of U.S. sub-building know-how. Only other U.S. sub-builders are two Navy yards (Portsmouth, N.H. and Mare Island, Calif.) and a new private venture at Manitowoc, Wis. Even the Manitowoc yard is staffed and supervised (not owned) by Electric Boat Co., and its product is Ebco-guaranteed. All three rival yards combined have fewer ways, less equipment than Ebco. Ebco got started in 1899 when it took over the original sub patents of Inventor John P. Holland, who built the U.S. Navy's first real underwater boat. Since then Ebco has built or designed more subs...
Long a Navy favorite, Ebco last month won the official Navy "E" pennant. It has also made money. Profits last year were a record $2,832,000, even after returning $3,100,000 "excess" to the Navy.*Ebco was making subs so fast that it was beginning to worry about orders again; its huge backlog would have been all gone in 1943. But with a $400-600,000,000 slice of last week's appropriation, Ebco would no longer have to worry about that...
...Besides this, Ebco in 1936-40 refunded $5,669,000 to the Navy−20% more than total net profits for the same years.>/Footnotes> * An Elco-built PT boat took MacArthur off Bataan
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