Word: makers
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Dates: during 1950-1959
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...After ten years as boss of General Foods Corp., largest U.S. maker of packaged foods (fiscal 1953 sales: $701.1 million), Chairman Clarence Francis, 64, prepared to retire next March by handing over the reins as chief executive officer to Austin Smith Igleheart, 63, who started with General Foods in 1926, when it bought out his family's milling business, has been president since...
Hang-lt-Yourself. For do-it-yourself homemakers. the Birge Co. Inc. of Buffalo, oldest U.S. maker of wallpaper, will put on sale this month a plastic-coated paper that can be hung in a jiffy without fuss or mess. Birge's washable Quick Wall Covering is coated with a substance which thickens and becomes adhesive when the paper is soaked in a trough of water for a few seconds. Seams are easier to fit because of electronically cut edges. Price: $1.19 to $1.98 a roll...
...advice, young S. W. ("Tony") Antoville, a Columbia University student, gave up his plans to go to law school, kept his job in the store and insured his future. As the U.S. Plywood Corp. (TIME, Sept. 25, 1950), Lawrence Ottinger's little store became the biggest maker of plywood in the world (1952 sales: $108 million). This week, as Ottinger, 69, moved up to chairman, Tony Antoville, 52, took over as president...
Many people believe that the chemical industry is dominated by a few giant companies whose research laboratories have a virtual monopoly on new chemical wonders. The man who has disproved this is Henry Reichhold, the world's biggest maker of paint & protective-coating resins. Last week Reichhold Chemicals uncorked one of the biggest chemical advances that the paint industry has seen in years...
Greasy Hands. Billy Rootes learned about automobiles the hard way. His father, onetime bicycle maker and pioneer Ford dealer, apprenticed Billy to the Singer Car Co. at Coventry. There 19-year-old Billy spent long hours washing automobile parts in oil for a penny an hour ("I learned a lot about parts in those oil buckets"). But it was as a salesman that Billy first made his automotive mark. Convinced that British makers were neglecting overseas markets, Rootes landed world sales rights for Rolls-Royce, Hillman and others. Then, selling cars faster than he could deliver them, Rootes concluded...