Word: repair
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Dates: during 1950-1959
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Nervous Collapse. In Christchurch, New Zealand, a river footbridge maintained by two separate municipal authorities was marked on a Monday for demolition, renovated on Tuesday by a repair gang, demolished as scheduled on Wednesday, visited on Thursday by another gang sent to paint...
...Toledo, City Manager Russell Rink ordered the removal of a large street sign boasting, YOU WILL DO BETTER IN TOLEDO, because it was worn beyond repair...
Thousands of housewives complained bitterly that their 1955-57 model washers and washer-dryers needed six or seven annoying and costly repair calls a year (v. a national average of two or three), and Hotpoint repairmen discovered faulty clutches, transmissions and filters in alarming numbers. To save its reputation and future sales, the company decided to do the only honorable thing: repair and replace some 40,000 ailing machines that had brought complaints from owners. Last week Hotpoint's 11,000 appliance dealers were busy doing just that-at a cost that the industry estimates will be somewhere between...
Most of the companies started in small lofts, warehouses or garages in the commercial districts of Boston or Cambridge, looked very much like the radio-repair shops and jobbers that surrounded them. To finance samples of new products, the founders dug into personal savings or tapped friends. Cash came from such risk-minded organizations as American Research & Development Corp., which sponsored many science companies (High Voltage, Tracerlab), and from individual investor groups such as those of Laurance Rockefeller, who now is sponsoring one of 128's newest, Geophysics Corp. of America. As the prototype models succeeded, the young companies...
...does everything he should do and still ends up in that spot." Ekblom has not ended up in that spot because Hupp is only one of his interests. The son of an immigrant cabinetmaker, Ekblom went to work after grammar school, earned enough money to set up an auto repair shop at 16, became a self-taught expert in economics, accounting, corporate law and management. He turned his hand to selling cars and several other businesses, became a corporate doctor for sick companies, opened a Wall Street brokerage firm. Five years ago he bought 6% of the shares of Hupp...