Word: fabrikoid
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Dates: during 1950-1959
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...products. The purchase was made largely because the late John J. Raskob, the treasurer of Du Pont, had recommended that Du Pont waste no time getting into the young auto business. Raskob's recommendation had also stated: "Our interest in [G.M.] will undoubtedly secure for us the entire Fabrikoid [artificial leather], pyralin [celluloid], paint and varnish business . . ." But Pierre du Pont declared: "There was no discussion whatever [of this]. It was an unimportant statement ..." The only reason, said he, that Du Pont had bought into G.M. was to "get a good investment. . ." It was forced to invest millions more...
...Lammot du Pont wrote his brother Pierre listing as "O.K." those G.M. units which were buying 100% of their paint, Fabrikoid (artificial leather) and Pyralin (plastic windows for side curtains) from Du Pont. Those who were not buying 100% were either classified under "good reason" or "no reason." Lammot added that Du Font's sales department "wouldn't mind seeing things going a little faster...
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