Word: kaynar
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Importing Men. Some companies are taking advantage of the Government's liberal rules for admitting immigrants who have needed skills. Faced with a dearth of pipe fitters and carpenters, Pittsburgh's Dravo Corp. has been importing European employees through Canada. Kaynar Manufacturing Co. of Fullerton, Calif., is seeking to bring in Japanese workers to meet its demand for machine-tool operators. New York City social-service agencies have begun referring welfare recipients to taxi companies, whose shortage of 2,500 drivers has aggravated the chronic scarcity of cabs on city streets. Brokerage houses offer as much...
...each weekday, two Cadillacs purr up to the front and rear doors of the modern, lawn-surrounded factory of the Kaynar Corp. in Los Angeles. Brainy, lightly muscled Kenneth Reiner. 43, Kaynar's president, gets out at the rear door. Brawny (5 ft. 8 in.. 165 Ibs.), outgoing Frank Klaus, 44, vice president and treasurer, gets out at the front. Each is careful not to meet the other...
Klaus and Reiner work in separate offices, purposely isolated at opposite ends of the sprawling (100,000 sq. ft.) factory, have no intercoms, do not consult with each other on the telephone, rarely mix socially. Yet their purposefully separated management has driven Kaynar in 16 years from a two-man shop to the world's largest manufacturer of an unlikely combination of products: self-locking aircraft nuts and women's hairclips. Last week, with sales humming on four continents at the rate of $15 million yearly, Kaynar opened a new plant in France to take advantage...
With the remains of their candy cash, they rented a small, windowless garage in downtown Los Angeles, started the Kaynar Corp. in 1943 on the strength of an order for bolt retainers from Ryan Aeronautical Co. They picked up machinery at auctions, set up a profitable, 24-hour operation, spelling each other at the machines. When war's end grounded the aircraft nut-and-bolt business, Engineer Reiner invented the Lady Ellen Klip-pie, an improved woman's hairclip that has captured 90% of the market. Later, he invented the Kaylock nut, a self-locking aircraft...
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