Word: productivity
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Dates: during 1930-1939
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...Timkens were among the first to discover the advantages of the roller bearing over the ball bearing. Their ace product today is the Timken tapered roller bearing (i.e. larger at one end than at the other). This simple device is of prime importance to automobiles where radial and thrust loads are encountered simultaneously in road curves, twists and shocks. Timken tapered roller bearings are standard equipment on nearly every car except those of General Motors which has its own New Departure and Hyatt bearings. Timken also makes bearings for other industrial uses. Its most significant recent milestone was the locomotive...
...materialized because the $500,000 allotment promised by PWA had been withheld as a result of the activities of an aircraft manufacturers' lobby. Many light plane manufacturers believe Mr. Vidal is "chasing rainbows," resent his "flivver plane" program because they feel it causes sales resistance to the present product...
Diesel engines are the most important product in the long Fairbanks, Morse line normally accounting for about one-half of total sales. Electric motors, generators and appliances rank second. Fairbanks Morse is one of the biggest pump-makers in the U. S. It supplies railroads with inspection cards, water-tanks and coaling stations. But for every person who has seen a Fairbanks, Morse municipal power plant or a Fairbanks, Morse oil pipe-line pumping station, thousands in every corner of the civilized world have seen Fairbanks scales...
Franklin D. Roosevelt can point with pride to the fact that, in the two years and four months since he took office, the breath of scandal has blown but two piddling puffs on his Administration. First puff was the flatulent product of that impressionable Gary, Ind. school superintendent, Dr. William Wirt. whose charges that the Brain Trust was all but in the pay of Moscow made a farcical Congressional investigation last year (TIME, April 23, 1934). Second puff flurried up portentously fortnight ago when Ewing Young Mitchell, whom the President had to oust as Assistant Secretary of Commerce because...
Most big shopkeepers admit that a "loss leader" is sometimes good business. Customers attracted to a store by the cut-rate price of one product linger to buy other products on which the store can make a profit. But "loss leaders" become a large hole in the profit bucket when customers throng a store to buy only the "loss leader" and nothing else. Forcefully last week was this axiom brought home to scores of cut-rate storekeepers in Los Angeles, home of some of the fiercest price wars...