Word: first
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Dates: during 1950-1959
Sort By: most recent first
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...FIRST ALUMINUM freight cars started service for the Southern Railway System. The cars are lighter, cheaper to operate; Southern has ordered 1,205 for some $24 million...
...size of the biggest family fortune made in the get-rich-quick U.S. electronics industry was fixed last week. Only 30 minutes after being placed on the market, the first public offering of 1,000,000 shares of Transitrun Electronic Corp. at $36 each was snapped up by investors. Not since the first public sale of 10.2 million Ford Motor Co. shares in 1956 has a stock issue attracted such broad public demand. Transitron quickly jumped to $49 per share in over-the-counter trading, closed the week at $43 per share. To Transitron's owners, David...
...First With the Best. The Bakalars have built their electronics fortunes in only seven years. In 1952, Leo had a highly successful plastics business and good bank credit. David had a Massachusetts Institute of Technology Ph.D. in physical metallurgy and some practical semiconductor experience from a job at Bell
...August 1953, Transitron got its first big order: $40,000 worth of diodes from Remington Rand's Univac division. Sales and profits have soared steadily ever since. Last year Transitron had sales of $30,913,376 and earnings of $6,456,138 after taxes, a 21% return on sales and the highest among leaders in the industry...
Transitron has pioneered in the development of low-noise transistors for use in computers and for military applications. It was the first company to manufacture silicon rectifiers commercially, is now one of the biggest producers of devices used to deliver large amounts of direct current in most electronic circuits. Currently, Transitron is pioneering in the development of thermoelectric materials, which can produce electricity when heated...