Word: lathees
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On the floor of the Chicago Amphitheater one night last week, a machinist pushed a button on a large lathe, then stood back, hands in pockets. In seconds, the automatic lathe fed itself a piece of roughly shaped metal, turned it into a stator (the stationary part of an electric...
The $46,000 lathe, made by Jones & Lamson of Springfield, Vt., was just one of the mechanical wonders that 307 companies spread over the 18-acre amphitheater for the first Machine Tool Show in eight years. For many of the 100,000 businessmen who crowded into the show the new...
The Toolmakers. In the fast-growing market, the fastest-growing business of all is in the basic machines for the do-it-yourself workshop. Before the war, the power-tool industry rarely topped $25 million in sales; now it is a $200 million business, with a 25% increase predicted for...
The Compleat Handyman. In his home workshop, the compleat handyman usually starts out buying a little $25 utility drill to act as a portable sander, buffer and saw. If he wants to make furniture, he discovers he needs a bigger, stationary tool for ripsawing heavy pieces of wood, buys himself...
Like most Americans, Engineer Hans Goldschmidt knew that one of the quickest ways to make a fortune is to invent a new gadget or machine. Unlike most Americans, who never get beyond the daydreaming stage, Goldschmidt made his daydream come true. His invention: a home power tool that could be...