Word: glenns
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Dates: during 1930-1939
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...time to expand again, and this time Builder Martin decided to have plenty of room. From unsuspecting holders of tidewater property above Baltimore, options were cautiously obtained by agents who represented themselves as acting for a New York sportsmen's club. When they were all in, Glenn L. Martin Co. had options on 1,243 acres of land, was ready to build a plant...
Sandwiched between military and naval orders the Martin plant also turned out the first clippers for Pan American's Pacific run, huge, four-engined flying boats. Meanwhile, with pursuit ships getting faster & faster, practical, businesslike Glenn Martin laid down another job for his designers. What was now needed, he said, was a bomber that could defend itself against fighters. Since it could no longer outspeed them, its only chance to stay in the air lay in giving it enough maneuverability and fire power to hold its own in aerial combat...
...midst of 1939's war-scared aircraft manufacturing boom, Glenn Martin remains, as usual, priestlike and detached. To his office he goes every morning, hurling along in a 16-cylinder, seven-passenger Cadillac ("they cruise better when they're big") at speeds that make motorcycle policemen wince. But they make no arrests for Martin is the second largest employer of labor in the Baltimore industrial area. (The largest: Bethlehem Steel...
...engineering building, where 460 engineers and draftsmen are at work, to peer at blueprints and drawings. Sometimes he goes through the plant, where 6,000 mechanics turn out his ships in a method as nearly resembling straight-line production as fee aircraft industry has yet approximated. But Glenn Martin does not tinker with airplanes any more. He tells other people what he wants. When he returns to his office he is as unruffled and immaculate as before. A fussy dresser, he goes in for double-breasted suits in sturdy fabrics, insists that his tailors (Bell & Co., Manhattan) put cuffs...
...Manhattan, tearing up the highway at breakneck speed with his mother sitting unruffled beside him. But never does he go by airplane. Few years ago only stockholders in the company were Martin and Motorman Louis Chevrolet. But in 1934, with funds needed for expansion, 325,000 shares of Glenn L. Martin Co. were put on the market at $11.50 a share (current price: $34.625). Today, Martin remains well in control with some 37% of the stock in his hands, but the bankers who are now interested in his company have taken him out of the air. Because Martin...