Word: philco
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...ones to whom Boyden points: Presidents Virgil Boyd of Chrysler, Arthur Larkin Jr. of General Foods, Stuart Silloway of Investors Diversified Services, John L. Gushman of Anchor Hocking Glass; Chairman A. King McCord of Westinghouse Air Brake; Presidents and Chairmen Harold S. Geneen of ITT, Robert O. Fickes of Philco-Ford...
...others. Even fear of racial riots is a factor. "People aren't coming out at night to shop," says the owner of Roxy Electric Center, a retailer in Philadelphia. The continuing high cost of color is undoubtedly the biggest reason. As a sort of reverse proof of this, Philco-Ford, an exception to the general trend, offered a color set for $299, saw first-half sales increase 65% over last year...
...businessmen are satisfied with their ventures, especially since Taiwan gives them a five-year holiday from income-tax payments and allows repatriation of earnings and capital. "We expect wages to go up," says William B. Scott, manager of a $24 million Philco radio plant at Tamsui, "but productivity will go up faster...
...producer, which lost $25 million last year. Austrian-born Sir Jules Thorn, 62, built Thorn up from a mite to a mammoth (fiscal 1966 sales: $238 million) by breaking a light-bulb monopoly in the '30s. Later, he expanded by absorbing such competitors as Marconi, British Philco, and Ultra Radio and Television. Through Pye, Thorn hopes to move into telecommunications, now dominated in Britain by the likes of Plessey and General Electric (which has no connection with the U.S. company of the same name...
...state-owned TV network. Ford, with a thin sales lead over Chevrolet in the area, has a $60 million stake in assembly plants at Casablanca and Alexandria, and facilities to sell and service the 60,000 Ford cars and trucks already on Arab roads and desert tracks. Its Philco subsidiary, also blacklisted, is a major supplier of television sets, refrigerators and air conditioners to Arab countries...