Word: guiberson
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...operating benefits that go with small-size companies, with Dresser Industries acting as a management group doing all those things where bigness is important." Proving the idea in the last seven years, Dresser found and bought four more companies-Magcobar, Lane-Wells Co., Southwestern Industrial Electronics and Guiberson Corp.-and helped them grow bigger in their fields. As a result of its successful diversification and growth, Dresser estimates earnings will be $7.90 a share in the fiscal year ending Oct. 31 v. $5.04 in the previous year. With such a sprawling operation, ubiquitous President John B. O'Connor will...
Samuel Allen Guiberson, 67, is a ham-handed Texan who struck it rich in his early 205, built a sowell oil business and a drillers' equipment company in Dallas. In 1929, a bright young Austrian named F. A. Thaheld (now Guiberson's chief design engineer) presented him with a new design for a Diesel airplane engine. Guiberson sank $1,500,000 in it, has been trying to sell it for airplane use ever since. To his bankers, willing to back him in oil, lis engine was just a crackpot scheme.' Once, when he borrowed...
Last spring S. A. Guiberson got his chance. With big Army & Navy orders in the air, most U. S. businessmen hesitated to expand their plant & equipment. Scores of manufacturers were worried about what the 1940 tax score would be, hung around the Army and Navy grousing. "S. A.," ingenuously, went to the Treasury instead. He asked the Treasury's lawyers point-blank if they knew what the new investment write-off tax schedule would be, was told they did not. His ears full of other men's groans, Guiberson then asked whether that meant he could...
Meanwhile Guiberson had made a licensing deal with Buda. For Buda, which has less than $2,000,000 in other defense orders (generator sets and Diesels for the Navy), the Guiberson business soon became the biggest thing on its horizon. Last August they broke ground for the new "bombproof" plant. This month it had $8,000,000 of Guiberson tank engine orders, and 350 men worked three shifts daily to get production up to a promised eight...
...Guiberson had the head start he wanted. Tank talk was turning to Diesels. The British Army, having gone into production on a 350-h.p. gasoline engine, was already designing a Diesel to replace it. Encouraged by such talk, S. A. Guiberson had Inventor Thaheld at work in Dallas on a bigger Diesel for heavy tanks...