Word: friden
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...help the U.S. housewife plan her meals and balance her checkbook. Though Honeywell might sell some to millionaires who have everything, the product could be the precursor of much cheaper small computers for the home; other companies are already working on the idea. Singer recently announced that its Friden office-equipment division will bring out at least one new product a month for the next year. "Developing new products is like a gigantic crap game," says Boone Gross, former president of the Gillette Co. "The cost of failure-either by not getting into the game or by launching unsuccessful products...
...hounds when he has time, but Donald P. Kircher, 48, president of Singer Co., has recently been fully occupied guiding his company over the hurdles of diversification and expansion. Last week he took Singer a big jump closer to the billion-dollar club with the acquisition of Friden, Inc., a maker of office automation equipment that should fit in nicely with the 112-year-old sewing-machine maker and bring its annual sales to more than $750 million. Kircher has a firm rule that, within the U.S., his acquisitions must be in the high-growth area of fairly advanced technological...
...Blood. For Ford, Miller's promotion has particular significance. Like McNamara before him, the razor-sharp, rapid-fire Nebraskan is what is known as a "Friden type"-Detroit's term for financial men, derived from the trade name of a calculator. Miller's move into the presidency is thus a clear sign that the often criticized financial elite will continue to guide Ford's future...
Though many non-Friden Ford oldtimers blame the Friden men for paying more attention to costs than customers, even they admit that Miller has a little gasoline in his blood. He likes to test-drive Fords on the company's spacious Dearborn track, played a major role in toning up the styling of Ford's 1963½ models, which were designed to halt a decline in Ford's share of the market. Miller, in fact, was a nuts-and-bolts man before he was a Friden: at twelve, he bought an old Model T for $10, took...
Square Dealer. California's Friden Calculating Machine Co. has developed a mechanical calculator which, for the first time, can do such tricks as extracting the square root of a ten-digit number in nine seconds without the help of printed tables. The machine (about the size of a large typewriter) will lop many man-hours off complicated calculations needed for guided missiles, gun sights, aircraft, etc. Price: about...