Word: textron
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Your fig leaf cover carries the encouraging business note that even if the movement toward disrobing finally catches us all, there will still be a useful purpose and market for the products of Textron's Talon division...
...George) William Miller, 43, heads Textron Inc., the oldest and one of the soundest conglomerates, and he is an articulate critic of racier companies. Textron, which started the conglomerate trend nearly two decades ago, has acquired the kind of image that newer conglomerates covet. Miller picked up two more companies last year ?Talon zippers and Fafnir bearings?but Textron seems less interested in acquiring new branches than in managing and expanding the many that it already has. Its 33 diverse divisions turn out Bell helicopters, Sheaffer pens, Speidel watchbands, Gorham silverware, Bostitch staplers and some 70 other products. Last...
Miller runs Providence-based Textron in low-key Yankee style. A model of blue-serge conservatism, he earns $181,000 a year but operates from a modest little office. His headquarters staff is lean ?only 105 people. With them, Miller keeps close watch on the spending and planning of Textron's subsidiaries...
...Oklahoma-born son of a furniture dealer, Bill Miller graduated from law school at the University of California in Berkeley. He was plucked from a job with a Wall Street law firm in 1956 by Textron's flamboyant founder, Royal Little. When Little retired four years later, Miller stepped into the presidency under Chairman Rupert Thompson, 63, an imaginative ex-banker. Thompson, a major stockholder, built Textron into New England's second largest company (after United Aircraft) before he turned over his chief executive's title to Miller a year...
...business philosopher, Miller argues that Textron and similar companies represent the tide of the future because they can shift capital in great amounts to where it can be most wisely used. He figures that this "mobility of capital" has an ultimate social purpose. "If this country allows itself to go the way of some European companies, where capital was kept deep in the sock," he says, "then we will never achieve full employment and raise the standard of living for the bottom third of our population." At the same time, he faults many conglomerates for expanding wildly by issuing huge...