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...reductions also meant the end of engine production by all secondary suppliers of all production models, except for Pratt & Whitney's J-57. But the hardest hit was General Electric, a primary producer of the J-47. It will cut its monthly production in half. Packard and Studebaker will stop making J-47s by December. Nash will wind up production of Pratt & Whitney's R-2800 piston engine by May, and Chevrolet will stop making Wright's piston R-3350. Buick will continue making the Wright jet Sapphire only until present shortages are made up; then...

Author: /time Magazine | Title: STATE OF BUSINESS: Put & Take | 9/28/1953 | See Source »

...persuaded many a top executive to switch jobs. Example: Ford lured Executive Vice President Ernest Breech away from a top G.M. job by offering him an option to buy Dearborn Motors stock. James Nance quit Jlotpoint's presidency (and a promising future in parent G.E.) to take over Packard, with an option to buy 200,000 shares of Packard stock at $4 a share at any time until 1957 (current price of Packard stock: about $5 a share...

Author: /time Magazine | Title: EXECUTIVE PAY.: The Great Game of Gimmicks | 8/24/1953 | See Source »

AJTOMAKERS' 1954 models may be postponed if the month-old Tool & Die Craftsmen's strike is not ended soon. Chrysler and Packard have already postponed their fall announcement dates, and failure to get dies from strike-bound plants has got G.M. worried...

Author: /time Magazine | Title: Business: TIME CLOCK, Jul. 13, 1953 | 7/13/1953 | See Source »

...Packard...

Author: /time Magazine | Title: The Time News Quiz: The Time News Quiz, Jun. 22, 1953 | 6/22/1953 | See Source »

...judges for the debate were McGeorge Bundy, associate professor of Government; George K. Gardner, professor of Law; and Frederick Packard, Jr., associate professor of Public Speaking. The judges called the debate a tie, one of the few times this has been done...

Author: NO WRITER ATTRIBUTED | Title: Debaters Gorman, Olson Win Prizes In Coolidge Contest on Tideland Oil | 5/6/1953 | See Source »

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