Word: libbey
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ALLIED Chemical & Dye Corp., one of the biggest U.S. producers of heavy chemicals, will move into the plastics industry, which has been one of Allied's best customers. For about $10 million, it bought Libbey-Owens-Ford Glass Co.'s Plaskon Division, which supplies resins and other molding materials to fabricators...
...were the lowest of any year since 1946's marginal, reconversion-battered first quarter. Some of the typical casualties: General Motors' net off 10%, U.S. Steel's 10%, Du Font's 15%, Union Carbide & Carbon's 20%, U.S. Rubber's 30%, topped by Libbey-Owens-Ford...
Owens-Corning Fiberglas has never had to worry much about competition, even hough the trustbusters forced the company to license out its patents three years go. The two major independents had a total of only $9,000,000 in sales last year. Licensees Pittsburgh Plate Glass, Libbey-Owens-Ford and two others have yet to get into any significant production...
...booming aircraft industry felt the tax bite; Consolidated Vultee's after-tax net dropped from $3,200,000 to $1,700,-ooo, Douglas' from $2,200,000 to $1,500,-ooo. Other notable declines: Libbey-Owens-Ford's nine-month net fell from $22 million to $12.8 million; R.H. Macy's yearly net fell from $6,400,000 to $5,200,-ooo (in spite of a $29 million rise in sales); Western Union's eight-month net dropped from...
Pots of Pasta. Like the Jeep, Libbey-Owens-Ford glass and Toledo Scales, Mike Di Salle is a made-in-Toledo product. He was born in a tenement in Manhattan's Little Italy, but when he was three his parents, Anthony and Assunda, moved to Toledo. In those days, the Di Salle family (expanded by three more sons and three daughters after Mike) lived the skimpy life of a factory worker's family. Papa Di Salle made wine in the cellar, fixed the kids' shoes and cut their hair; mama perspired over steaming washtub-size pots...