Word: kreider
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Dates: during 1930-1939
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Hardworking, conscientious President Coburn had his critics in the directorate. Some said he erred in his manufacturing policy. When, last year, youthful Sherman Mills Fairchild retrieved his Kreider-Reisner Aircraft Co. Inc. and aerial camera companies from Avco, the corporation retained the Fairchild airplane factory at Farmingdale, L. I. and proceeded to build a new single-engine mail-&-passenger plane called the Pilgrim. This manufacturing operation, said Mr. Coburn's critics, was extravagant. The plane, they said, is already obsolete. Others found fault with the president's insistence on burdening himself with detailed responsibility (by which he threatened...
Fair child Aviation Corp., outgrowth of Fairchild Aerial Camera Corp. formed ten years ago by youthful Sherman Mills Fairchild, is a holding company held in turn, until last week, by Aviation Corp. It included Fairchild Airplane Manufacturing Corp., Fairchild Engine Corp., Kreider-Reisner Aircraft Co. Inc., Fairchild Aerial Camera Corp. and Fairchild Aerial Surveys, Inc. Of late, Fairchild Airplane Manufacturing Corp. and Fairchild Engine Corp. have operated at heavy losses; large expenditures would be necessary for experimentation and development of new products before the plants could be operated on a paying basis. Fairchild Aviation Corp. has not the money. Last...
...potent Avco, all credit as a "very great aviation group" and to a staff writer a reprimand for omitting it. He had plane manufacturing units in mind, of which Avco, principally a transport group, has only two (Fairchild, Kreider-Reisners) whereas Curtiss-Wright has seven, United five, Detroit...