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Word: homecraft (lookup in dictionary) (lookup stats)
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...A.M.F. began to diversify with a vengeance, sending scouts around the country to find companies for sale. A.M.F. investigated more than 400 companies, bought nine, mostly by trading A.M.F. stock: Transducer Corp. (radar, electronics engineering), Union Machinery Co. (baking equipment), DeWalt, Inc. (radial arm saws and homecraft power tools), Cleveland Welding Co. ("Roadmaster" bicycle, second largest seller in the U.S.) Junior Toy Corp. ("Junior" tricycle, biggest seller in the U.S.), Sterling Engineering Co. Inc. (electrical relays), Float-Lock Corp. (drill press vises), Thompson-Bremer & Co. (lock nuts and washers, electrical terminals) and Leland Electric Co. (electrical motors and equipment...

Author: /time Magazine | Title: CORPORATIONS: The Automatic Pin Boy | 11/16/1953 | See Source »

Main reason for the switch in tactics (from high-level, daylight bombing to medium-level, night bombing): it is more economical to burn out a sprawling area of small industry and homecraft war production than to bomb it out with high explosives. The fire-bomb technique is not infallible: less than two square miles of Nagoya burned in the first assault, and the job had to be done again a week later-with better results. Daylight bombing with big demolition bombs is still the prescribed dose for heavy industry, big arsenals, dockyards and the like. In future, the Japs (already...

Author: /time Magazine | Title: World Battlefronts: Ten-Day Wonder | 3/26/1945 | See Source »

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