Word: probak
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...Razor Co. and Gillette blades which has not been changed since Depression is the bewhiskered photograph of King C. Gillette, who died in 1932. With most of its patents long exhausted, the company was reorganized after merging in 1930 with AutoStrop Safety Razor Co. when AutoStrop's subsidiary, Probak Corp., produced a blade that exactly fitted Gillette razors. Last year, despite heavy inroads of cheap competing blades and a reduction in the price of both Gillettes and Probaks, Gillette Safety Razor Co. earned $4,188,000 against $3,659,000 (unaudited...
Died. King Camp Gillette, 77, safety razor man; of bladder trouble; in Los Angeles. Retired from active business in 1913, he returned in 1929 when intense competition set in, invented a new razor which his company immediately began producing. Probak Corp., a subsidiary of Henry Jaques Gaisman's AutoStrop Safety Razor Co., produced a blade which exactly fitted the new Gillette. A merger followed, Gillette buying out AutoStrop (TIME, Oct. 27, 1930), ostensibly leaving King Camp Gillette still "razor king.' The real victory went to shrewd Henry Jaques Gaisman...
...Gillette's confession is perhaps the last milestone of the historic Gillette-Probak (AutoStrop) fight. When the Gillette advertisement said, "Finally we discovered and purchased for our exclusive use and at the cost of millions of dollars a manufacturing process that was amazingly superior to our own," it referred to the Probak-process. Razormen feel that Gillette's "discovery" of the process came about in Probak's damage suit, that Auto-Strop was bought only as the cheaper way out. Soon after the merger was completed, the AutoStrop machinery was moved from New York City to Boston...
January 14. Mr. Gaisman received further patents on his new blade, assigned them to Probak Corp...
Probably never answered will be the question that the situation suggests: Did shrewd Inventor Gaisman plan from the first to use the Probak blade to force Gillette to buy AutoStrop? If so, he succeeded brilliantly, with only one considera ion not obtained: The greatest name in safety razordom is still King Camp Gillette, not Henry Jaques Gaisman...