Word: tec
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Dates: during 1960-1969
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This year Singleton has reached out to acquire such firms as Pennsylvania-based American Safety Table Co. (industrial sewing equipment), New York's Wah Chang Corp. (rare metals) and Denver's Aqua Tec Corp. (oral-hygiene appliances). That kind of diversification means that Teledyne has thereby reduced its reliance on Government contracts, which now account for only 45% of its business v. 82% in 1964. With profits increasing by an average 190% annually (to probably $20 million in 1967) Singleton's Teledyne holdings have grown from his original stake of $225,000 to about $32 million...
Having trouble reaching those nooks and crannies with your toothbrush? Unable to master the approved up-and-down stroke? Does dental floss shred in your mouth and stick between your teeth? Bleeding gums, perhaps? Then Aqua Tec Corp. of Fort Collins, Colo., has the perfect answer...