Word: oberkochen
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Dates: during 1950-1959
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...leadership of Bauersfeld and Henrichs. they rented floor space in a Heidenheim cigar factory, .borrowed tools and lathes, hired a secretary and put her to work at a borrowed typewriter. Within a year, more than 145.000 sq. ft. of space was rented in an empty arms factory in nearby Oberkochen. Operating on loans from German banks, plus $2,000,000 in Marshall Plan money, the plant employed 2.800 by 1952. About a third were experienced Zeiss hands who managed to flee East Germany, both repelled by Communist domination and lured by the memory of their past treatment by Zeiss, which...
Last year, the Oberkochen plant, plus the new one at Stuttgart, turned out $24 million worth of lenses, surveying instruments, microscopes and other goods, half of which were sold abroad; the Zeiss Ikon (camera) division at Stuttgart, turning out everything from a $15 box camera to the $300 Contax, was able to declare an 8% dividend...
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