Word: temco
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...indulge his golfing hobby by bringing big-time professional golf matches to hometown Dallas. They failed miserably, lost $100,000. But he could well afford it. Since 1947 he has run an investment of $3,000 in an electrical contracting business into the $150-million-a-year Ling-Temco Electronics, Inc. and made himself a millionaire...
Neat Fit. Chance Vought fits neatly into Ling's plans to build Ling-Temco into a power in the electronic communication field. Besides its missile and electronics skills, it has a large plant next door to Ling-Temco's outside Dallas. Plant facilities are among Ling's most urgent needs for the expansion he sees ahead...
...Ling grew, he bought ten electronics companies, making equipment ranging from vibration testing devices to transmitters for tracking satellites. Last year he was big enough to be an attractive merger prospect for Temco Aircraft Corp., an airframe maker that had branched into electronics. Ling was made president of the new Ling-Temco. Earnings last year equaled or slightly bettered 1959's $1.22 per share. This was 1.9% of sales, about the same ratio as Chance Vought...
...Martin from 62½ to 38¼, Douglas from 59¼ to 46, North American from 52⅝ to' 37¼, Grumman from 30¼ to 24⅜. In the past fortnight, nine aircraft stocks scraped new 1959 lows. Among them: McDonnell, Bell, Temco, Northrop, United Aircraft...
Giftmanship involves so many that some companies spend $100,000 or more on gifts alone each Christmas. Expense is the least of it. How does a donor ever decide who gets what? Dallas' Temco Aircraft learned that the "who" had to include just about everyone. It stopped giving altogether because it might spend weeks working on a list, then forgot one important customer who was so offended that all the good work was undone...