Word: guiberson
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Dates: during 1950-1959
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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...