Word: excello
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Exercise programs also give employees a chance to work off job and family frustrations. Chicago's Excello Press began a fitness plan a year ago after an irate pressman hurled his lunch pail into a press, causing $30,000 in damage. Now, says Excello President Gary Feldmar, "workers have a much more relaxed attitude. They can slam a racketball against the wall and pretend they're hitting their wife's head, or mine, and release tensions in a heal...
...know if I can last until then." Two Detroit machinists formerly employed by the Michigan Tool Co., Earl MacLeit and George Silver, told similar tales of woe. Each of them was laid off after more than three decades of steady work when Michigan Tool's parent company, ExCellO Corp., decided to move the Detroit operation to North Carolina. The men were not invited to relocate. Now they subsist on unemployment checks...
...Excello Airlines hits the grass Our wings are made of paper and glass We can get there fast as grease But who knows whether you'll be in one piece...
...learned his production know-how in 20 years at General Motors, was a G.M. vice president and head of its truck division until he joined AVCO a year and a half ago. Babcock's right-hand men are Executive Vice President William F. Wise, who came from Excello Corp. and Republic Products Corp.; manufacturing Vice President Carl H. Kindl, who came by way of National Cash Register and G.M.; and New York Shipbuilding's John Farrell Metten, a hardhanded, hard-driving production man who turned out $655,000,000 worth of ships for the U.S. Boss of AVCO...
...above last year; its big competitor, General Foods, dropped 10% to $2,637,000. Among the most spectacular on the up side was Allis-Chalmers, whose net for the quarter was $2,056,000, almost two and a half times last year. Among the worst flops was ExCellO Corp. (machine tools): heavy taxes and provisions for renegotiation sliced its net for the three months ended May 31 to $332,000, less than a third of the same quarter last year...