Word: kodak
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Dates: during 1950-1959
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...profit-sharing plans were on file with the Bureau of Internal Revenue. Each month 200 more are pouring in for approval. Among the recent converts: Chicago's Bell & Howell camera company; Manhattan's ad agency, Batten, Barton, Durstine & Osborne; the National City Bank. A fortnight ago, Eastman Kodak, one of the early profit-sharers, declared a "wage dividend" of $28.5 million for its 53,000 employees, an average bonus for each employee of more than $500 for the year...
...elected president of Rochester's Bausch & Lomb Optical Co. A sports fan and part-time politico (he is known as Rochester's "Mr. Republican"), Hallauer made an early mark in business by setting up one of the country's first employee recreation programs for Eastman Kodak. Bausch & Lomb wanted one like it, hired him in 1919 as industrial relations director, and later salesman. In 1931, he persuaded the late Al Smith to put Bausch & Lomb coin-operated telescopes atop the Empire State Building. In 1935 he was made sales vice president. As president Hallauer's biggest...
...Airless Wonder. As a mouse teamed up with industry's elephants, National Research has done well because President Morse, 43, is a rare combination of scientist and businessman. An M.I.T. graduate ('33) who worked for Eastman Kodak until he decided that he could do better on his own, Morse started out with the basic idea that high-vacuum (i.e., removing all the air) techniques could be useful to U.S. business. He and his staff developed machines efficient enough to suck all but a cupful of air out of an area as big as Chicago's Union Station...
Superspeed Film. Eastman Kodak Co. put on sale a new roll film in 35-mm., 620 and 120 sizes that is twice as fast as Kodak's Super-XX. The new TriX film will take indoor snapshots with ordinary light, night sports events without flash. Price: same as Kodak's Super...
...watchmakers' claim that they are essential to national security, the Defense Department has said that such non-watchmakers as Eastman Kodak, Bendix Aviation and National Cash Register have supplied splendid timing devices and fuses for the armed forces (although the watchmakers claimed these companies got some of the vital parts from them...