Word: grunow
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Dates: during 1930-1939
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Control of Columbia was lately bought by Grigsby-Grunow, devout worshippers of the mass production fetish. A year ago Columbia was cast out of British Columbia Graphophone Co. when that company merged with Gramophone Co., Ltd., subsidiary of RCA-Victor Co. to form Electric & Musical Industries...
Columbia to Grigsby, Grigsby-Grunow Co. of Chicago makes Majestic radios and Majestic mechanical ice boxes. Belligerently independent, it also made trouble in 1930. It sued Radio Corp. of America and associates for $30,000,000. It knows what trouble is both in & out of the office. Once it lost a $4,000,000 patent infringement suit to Magnavox Co., and last year William Carl Grunow was ousted from the presidency by his partner Bertram James Grigsby. Last week unGrunowed Grigsby-Grunow, undaunted, planned to expand, acquire Columbia Phonograph Co. by an exchange of stock. Columbia owns...
...inducement to time payment purchasers of second hand automobiles at 25% to 50% discount, Studebaker Sales Co. in Chicago, offered to give away from 10 to 100 shares of common stocks including Allegheny Corp., Grigsby-Grunow Co., Wabash Railway Co., Remington Rand Inc., Curtiss Wright, Armour "A", R. K. 0. Corp., Chicago, Milwaukee, St. Paid & Pacific Railroad...
Here and there one finds a progressive company that is busy. Grigsby-Grunow Co. (Chicago) under new management since January 1, 1931 has had between 5,000 and 6,000 employers busily occupied. The first three months they made radios to the extent of 3,800 daily and the last three months these employers made refrigerators to the extent of 1,500 daily...
...Help. Even before William Carl Grunow resigned from Grigsby-Grunow Co. (TIME, Feb. 2), it was known that this onetime spectacular radio concern and its onetime spectacular refrigerator affiliate, Majestic Household Utilities Corp., could make good use of new funds. The hasty withdrawal of Mr. Grunow, guessed some Chicagoans, paved the way for assistance from bankers who had never been fond of the second half of the Grigsby-Grunow team. Last week Grigsby-Grunow planned to absorb cash-poor Majestic Household Utilities, to sell a $5,000,000 bond issue. Majestic's creditors will be called upon to take...