Word: outs
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Dates: during 1950-1959
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The N.A.M.'s new president was born in Gothenburg, Sweden in 1897, emigrated to the U.S. in 1910. Completing grammar school in Holyoke, Mass., Bannow went to work as an apprentice patternmaker in 1911 at 6½? an hour ("I was grossly underpaid"). In 1919 he shipped around the...
Watch the Boss. Much of the bickering was over a campaign by both sides to win the Steelworkers' secret vote on industry's last offer, required by the Taft-Hartley Act some time between Jan. 6 and Jan. 21. Out from the eleven negotiating steel companies went letters...
To Hollanders everywhere, a Philips' incandescent lamp bulb is as much a symbol of their country as a tulip. Founded in 1891 by studious Gerard Philips, 32, a professor at the Delft Polytechnic School, the company started out in an abandoned tannery making 30 light bulbs a day. Though...
Blockade Runners. World War I only made Philips grow bigger faster. To circumvent the blockage of the North Sea, the company outfitted its own fleet of fast blockade-running ships. With the home market protected from competition, the brothers Philips steadily pushed into new lines, made X-ray tubes for...
Freeze Out? Until lately the company has hidden its U.S. light by operating in the U.S. through several affiliates. Recently, it merged three into one company, Consolidated Electronics, which starts out with $90 million in sales. In 1958 the Antitrust Division cited Philips among a dozen companies accused of freezing...