Word: plessey
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...would rank among the world's five biggest electrical companies, accounting for 90% of Britain's output of railway locomotives and up to half of the country's turbo generators, switchgear and transformers. The potential of the new combine's market domination prompted executives of Plessey Co. Ltd., a smaller electrical firm, to denounce the merger as a competition-stifling monolith...
Compatible Partner. Plessey had reason to be disturbed-if only because its managing director, John Clark, 42, had announced his own intention last month of taking over English Electric. But Clark reckoned without Arnold Weinstock, 44, British G.E.'s acquisitive boss, who made his company the industry leader by winning control of Associated Electrical Industries Ltd. in a bitter takeover battle last year. Weinstock heard the news of Clark's designs on English Electric while vacationing at his Wiltshire farm, promptly began his own negotiations with the company...
...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...