Word: managinto
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Dates: during 1982-1982
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...founder develops the managerial skills to run a large, complex organization. In other cases, the entrepreneur gets in trouble and must get help from professional managers. Centronics Data Computer Corp., a New Hampshire maker of computer printers founded by Robert Howard in 1968, ran into financial problems in 1980. Managinto financial problems in 1980. Managers from Xerox and Raytheon were brought in to help. Losses ran to $24.5 million on sales of $123.9 million from June 1980 to June 1981. The company has signed an agreement with Control Data that could bring in $25 million in new cash, and Howard...
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