Word: ramos
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...Boston to "electronics highway" Massachusetts alone has some 500 electronics plants. And in Los Angeles, where a new electronics plant is built every fortnight, there are already 470 companies, which poured out products at the rate of $1 billion last year. Of them all, probably the fastest growing is Ramo-Wooldridge Corp., which is a bare three years, seven months old. When it was started in 1953, Ramo-Wooldridge had nothing except the brains of its brilliant founders. President Dean E. Wooldridge and Executive Vice President Simon Ramo. The company now has the vital task of running the technical...
...fantastically complex electronic-guidance systems. That the job of" supervising this project, on which the survival of the U.S. depends, was not given to one of the familiar electronic giants-American Telephone & Telegraph, Radio Corp. of America, International Business Machines, General Electric, Sylvania, Westinghouse-but to Los Angeles' Ramo-Wooldridge is a perfect example of the way in which brilliant, little-known scientists are shooting up from obscurity to fame and sizable fortunes in the new age of electronics. The only atypical thing about Ramo-Wooldridge and its founders, Dean Wooldridge and Si Ramo, is the scope of their...
...Payoff. The payoff for supplying the glue is growth and profits. The first headquarters of R-W was a one-room office in Los Angeles (now a barbershop), with a card table, a chair, a telephone, a rented typewriter. "When we started," says Si Ramo, "we thought that maybe, if we were greatly successful, we might eventually have a staff of 150 people." By last week R-W's security guards alone numbered 162, its total staff 3,040. From the original room the plant has expanded to 450,000 sq. ft. of modern buildings. This year...
...Ostrander, Assistant Deputy Commander of the Air Research and Development Command, disclosed that several companies are working on each of the four major components of the missiles: air frame, propulsion system, nose cone, guidance system. The project is being technically supervised by Los Angeles' young, hustling Ramo-Wooldridge Corp., headed by two top research scientists, Dr. Dean Wooldridge, 43, and Dr. Simon Ramo, 43, who seceded from Hughes Aircraft less than three years ago to found their own electronics corporation (TIME, Oct. 5, 1953). They answer directly to the Air Force's Western Development Division, supervise a long...
...fortnight ago, Ramo and Wooldridge quit to form their own company; five other executives submitted their resignations. Last week Thornton and George quit, too. Said General George: "I would like to paraphrase Churchill. I do not intend to preside over the liquidation of the Hughes organization, and so help me God, if present policies are persisted in, the liquidation is inevitable." But Howard Hughes disagreed, said that only a handful of his 17,000 employees had left and that production would not be hampered...