Word: penick
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Dates: during 1960-1969
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...sales ($1.2 billion) and earnings ($73 million). Such income swelled an already bulging cash drawer. At the same time, with cigarettes under medical fire and new brands proliferating, the major tobacco companies have been anxiously diversifying. Two weeks ago Reynolds announced that it would spend $100 million to buy Penick & Ford Ltd., Inc., a corn-oil refiner whose products include My-T-Fine desserts, Vermont Maid syrup and Cocomalt. Liggett & Myers last year paid $15 million for Alpo dog food. American's move was last, but by far the most spectacular...
...Young Inc., Springfield, Mass., $94,574; Dome Chemicals Inc., N.Y.C., $93,522; J. T. Baker Chemical Co., Phillipsburg, N.J., $89,000; Eaton Laboratories, Norwich, N.Y., $65,000; Irwin Neisler & Co., Decatur, Ill., $50,000; S.S.S. Co., Atlanta, $37,554; Hynson, Westcott & Dunning Inc., Baltimore, $24,400; S. B. Penick & Co., N.Y.C., $20,000; Armour & Co., Chicago, $10,000; Savage Laboratories Inc., Bellaire, Texas, $9,312; Potts Dade Reagents Inc., Miami, $8,427; Arnar-Stone Laboratories, Mount Prospect, Ill., $8,000; International Chemical Corp., N.Y.C...