Word: grossing
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Dates: during 1940-1949
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...industry is meanwhile remaking the business. Milwaukee's famed electrical machinery producer, Allis-Chalmers, is a sensationally successful factor in the industry. In 1927 Allis-Chalmers' sales of all products totaled $30,593,000 and farm implements made up 7.7% of the total. By 1936 its gross from farm implements alone had topped $33,000,000. Farm implement sales were 2.9% of its earnings in 1927, 66.3% of the net nine years later. Among the reasons for this are that Allis-Chalmers introduced rubber tires on tractors (today 45-60% of all tractors sold are rubber-tired...