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With competition in the U.S. television industry growing hotter by the day, manufacturers were cudgeling their brains for new ways to trim costs and prices. In Chicago, Admiral Corp.'s quick-stepping President Ross Siragusa thought he knew a good way to do it. On the big, fancy-looking console jobs, about one-third of the cost went into furniture. Why not start cutting there...

Author: /time Magazine | Title: Gargantua's Baby | 5/16/1949 | See Source »

...Siragusa talked it over with his younger brother Dominic, 35, who runs Chicago's Molded Products Corp. For $90,000, Dominic had picked up a huge, 2,000-ton-pressure hydraulic molding press which had once stamped out shell casings...

Author: /time Magazine | Title: Gargantua's Baby | 5/16/1949 | See Source »

...Siragusa had to knock the roof off his plastics plant to lower the 40-foot press into place on its 6-ft.-thick concrete base. Finally, the hissing, throbbing monster (Dom calls it "Gargantua") was ready for trial. It pressed down on $6.50 worth of preheated blocks of phenol plastic and molded a complete 35-lb. cabinet, the biggest plastic "casting" made...

Author: /time Magazine | Title: Gargantua's Baby | 5/16/1949 | See Source »

...angriest reaction came from trigger-tempered Ross Siragusa of Admiral Radio, who got wind that the ad was to run and fired a volley of telegrams to newspapers warning them to check with the FCC before running it. Eleven of the 41 newspapers in Zenith's schedule canceled the ad. The TV-station-owning Detroit News ran it, but also published an answer. Gist of the News''s retort: "Anyone . . . who denies himself . . . the thrill of television because of 'frequency changes' could grow old and grey waiting for the change that may never come...

Author: /time Magazine | Title: Radio & TV: Is Your Set Obsolete? | 3/21/1949 | See Source »

...Siragusa also blasted the Zenith claim as "very poor advertising, about the poorest taste I ever saw . . . Nobody knows how or where or when the proposed new bands will fall." Admiral's Adman Seymour Mintz cried indignantly: "The public doesn't even know what a turret tuner is. All you have to do is put in some new condenser strips for higher frequencies. Just take out the old and put in the new. Why throw a scare into people before you need...

Author: /time Magazine | Title: Radio & TV: Is Your Set Obsolete? | 3/21/1949 | See Source »

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